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CARS $16.56

CARS target price
16.56
0
0
Cars.com
Carsdotcomlogo.png
Available in English
Owner Cars.com Inc.
Slogan(s) "For Every Turn"
Website cars.com
Alexa rank Positive decrease 2,516 (April 2017)
Commercial Yes
Launched June 1998; 19 years ago (1998-06)
Cars.com Inc.
Type
Public
Traded as NYSE: CARS
Industry Automotive marketing services
Founded May 2017 (predecessor: July 1997)
Founder Mitch Golub, William Swislow, Alex Vetter
Headquarters Chicago, Illinois, U.S.
Area served
U.S.
Key people
Alex Vetter, CEO and President
Services Automotive classifieds
Divisions Auto.com, PickupTrucks.com, and NewCars.com
Subsidiaries DR Media Holdings, LLC
Website Cars.com

Cars.com is a website which was launched in June 1998. It is the second largest automotive classified site. Its headquarters are located in Chicago, Illinois.

A 2003 Library Journal survey of automobile-related websites described cars.com as "the most complete car sales megasite", noting staff-written reviews that "are signed, dated, detailed, and richly illustrated". In 2004 the website announced a partnership with Kelley Blue Book and commenced national advertising. In October 2007, it announced plans for its largest marketing campaign ever in early 2008. In the same month, Yahoo! announced plans to receive listings from Cars.com for their Yahoo! Autos service.

Cars.com was previously owned by Classified Ventures, LLC, a joint venture between Gannett, The McClatchy Company, Tribune, Graham Holdings, and A.H. Belo. On August 5, 2014, Gannett announced that it would buy out the remaining stakes in Classified Ventures it did not already own, for $2.5 billion.

Cars.com was included in the spin-off of Gannett's broadcasting properties as Tegna, Inc. On May 4, 2017, Tegna shareholders approved a plan to spin off Cars.com as a new, publicly-traded company; they received a share of the new company, which began trading on the NYSE beginning June 1, 2017, for every 3 Tegna shares they owned.

Cars.com has regularly advertised during the Super Bowl, screening adverts in consecutive years.

Since July 1998, Cars.com has been in partnership with Tom and Ray Magliozzi of Car Talk and the website includes a Cartalk advice section.

Cars.com also partners with MotorWeek on PBS to provide online access to MotorWeek reviews.

Q reports

Period Date Adjusted Actuals EPS GAAP EPS
Q3 2022 2022-11-02 Future report Set alerts
Q2 2022 2022-08-03 0.47 0.47
Q1 2022 2022-05-05 0.15 0.15
Q4 2021 2022-02-24 0.17 0.17
Q3 2021 2021-11-04 0.03 0.03
Q2 2021 2021-08-05 0.49 0.49
Q1 2021 2021-05-06 0.14 0.14
Q4 2020 2021-02-25 0.09 0.09
Q3 2020 2020-11-09 0.50 -0.18
Q2 2020 2020-07-30 0.12 -0.37

Ratings

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Funds

In CARS 0 funds of 2213 total. Show all

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Major Shareholders

Name Relationship Total Shares Holding stocks