Cars.com (NYSE:CARS) Stock Gets Downgrade from Zacks Research

Posted by Francis Steltz on Nov 11th, 2026

Cars.com (NYSE:CARS – Get Free Report) was downgraded by equities researchers at Zacks Research from a “strong-buy” rating to a “hold” rating in a report issued on Monday, Zacks reports.

A number of other brokerages have also recently issued reports on CARS. B. Riley Financial boosted their target price on shares of Cars.com from $13.00 to $15.00 and gave the company a “neutral” rating in a research report on Friday, November 6th. Weiss Ratings raised shares of Cars.com from a “hold (c-)” rating to a “hold (c)” rating in a research report on Monday. UBS Group dropped their price objective on shares of Cars.com from $13.00 to $11.50 and set a “neutral” rating for the company in a research note on Wednesday, October 7th. Finally, BTIG Research boosted their price objective on shares of Cars.com from $14.00 to $16.00 and gave the company a “buy” rating in a report on Thursday, November 5th. Three investment analysts have rated the stock with a Buy rating and five have issued a Hold rating to the company. According to MarketBeat, the company has an average rating of “Hold” and a consensus target price of $15.25.

Check Out Our Latest Stock Analysis on Cars.com

Cars.com Price Performance

Shares of CARS opened at $13.37 on Monday. The company’s 50-day moving average is $11.02 and its 200-day moving average is $10.61. The company has a debt-to-equity ratio of 0.99, a current ratio of 2.03 and a quick ratio of 2.03. The firm has a market capitalization of $696.05 million, a PE ratio of 17.82 and a beta of 1.66. Cars.com has a fifty-two week low of $7.40 and a fifty-two week high of $14.02.

Cars.com (NYSE:CARS – Get Free Report) last announced its quarterly earnings results on Thursday, November 5th. The company reported $0.58 EPS for the quarter, beating analysts’ consensus estimates of $0.54 by $0.04. Cars.com had a net margin of 5.92% and a return on equity of 19.86%. The business had revenue of $181.88 million for the quarter, compared to analyst estimates of $183.05 million. During the same quarter in the prior year, the business earned $0.48 EPS. Cars.com’s quarterly revenue was up .2% on a year-over-year basis. Equities analysts forecast that Cars.com will post 1.61 EPS for the current year.

Insider Buying and Selling at Cars.com

In other news, Director Donald McGovern sold 8,000 shares of the company’s stock in a transaction on Thursday, August 20th. The stock was sold at an average price of $12.25, for a total transaction of $98,000.00. Following the completion of the sale, the director directly owned 102,900 shares in the company, valued at approximately $1,260,525. This represents a 7.21% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, insider Angelique Marks sold 57,980 shares of the stock in a transaction on Monday, August 17th. The stock was sold at an average price of $11.94, for a total value of $692,281.20. Following the sale, the insider directly owned 149,636 shares in the company, valued at approximately $1,786,653.84. This trade represents a 27.93% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. 3.36% of the stock is owned by insiders.

Hedge Funds Weigh In On Cars.com

Several hedge funds have recently bought and sold shares of CARS. Pale Fire Capital SE raised its position in shares of Cars.com by 498.1% in the 1st quarter. Pale Fire Capital SE now owns 3,956,618 shares of the company’s stock valued at $32,128,000 after buying an additional 3,295,117 shares in the last quarter. Dimensional Fund Advisors LP boosted its position in shares of Cars.com by 8.4% during the 1st quarter. Dimensional Fund Advisors LP now owns 3,401,523 shares of the company’s stock worth $27,620,000 after acquiring an additional 262,443 shares in the last quarter. Renaissance Technologies LLC boosted its position in shares of Cars.com by 77.9% during the 1st quarter. Renaissance Technologies LLC now owns 580,189 shares of the company’s stock worth $4,711,000 after acquiring an additional 253,991 shares in the last quarter. Bank of New York Mellon Corp bought a new position in Cars.com in the second quarter valued at approximately $2,748,000. Finally, Public Sector Pension Investment Board bought a new position in Cars.com in the third quarter valued at approximately $1,392,000. 89.15% of the stock is owned by institutional investors.

About Cars.com

(Get Free Report)

Cars.com Inc. operates a digital automotive marketplace that connects people shopping for new and used vehicles with dealerships. Its Cars.com platform provides vehicle listings, research tools, reviews and information to help consumers compare cars and find local sellers. The company also offers products and services for automotive dealers, including digital marketing, website development, inventory and customer-management tools, and vehicle appraisal solutions. Its brands include Dealer Inspire, DealerRater and AccuTrade.