Cars.com Inc (NYSE:CARS)’s share price gapped up before the market opened on Tuesday . The stock had previously closed at $25.90, but opened at $27.89. Cars.com shares last traded at $29.23, with a volume of 5115200 shares changing hands.
Several equities analysts have commented on the company. B. Riley assumed coverage on Cars.com in a research report on Wednesday, September 27th. They issued a “buy” rating and a $36.00 price objective on the stock. Barrington Research upped their target price on Cars.com from $40.00 to $45.00 and gave the stock an “outperform” rating in a report on Monday, November 6th. Finally, Zacks Investment Research cut Cars.com from a “hold” rating to a “strong sell” rating in a report on Monday, November 13th.
The company has a debt-to-equity ratio of 0.40, a current ratio of 1.43 and a quick ratio of 1.43.
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Cars.com Inc owns a digital automotive marketplace business (Cars.com). Cars.com is an online research destination for car shoppers. The Company is engaged in the sale of online subscription advertising products targeting car dealerships. It offers a suite of products and services targeting the automotive needs of its buyer and seller customers.
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