Company profile

Ticker
CARS
Exchange
Website
CEO
Alex Vetter
Employees
Incorporated in
Location
Fiscal year end
SEC CIK

CARS stock data

(
)

Calendar

6 May 20
9 Jul 20
31 Dec 20

News

Company financial data Financial data

Quarter (USD) Mar 20 Dec 19 Sep 19 Jun 19
Revenue 148.09M 152.19M 152.09M 148.21M
Net income -787.43M -4.11M -426.16M -6.03M
Diluted EPS -11.76 -0.06 -6.38 -0.09
Net profit margin -532% -2.70% -280% -4.07%
Operating income -905.06M 4.71M -447.72M 1M
Net change in cash 173.8M -6.22M 10.23M -18.8M
Cash on hand 187.34M 13.55M 19.77M 9.54M
Cost of revenue 24.32M
Annual (USD) Dec 19 Dec 18 Dec 17 Dec 16
Revenue 606.68M 662.13M 626.26M 633.11M
Net income -445.32M 38.81M 224.44M 176.37M
Diluted EPS -6.65 0.55 3.13 2.46
Net profit margin -73.40% 5.86% 35.84% 27.86%
Operating income -446.06M 83.92M 134.26M 176.65M
Net change in cash -11.91M 4.9M 11.67M 8.8M
Cash on hand 13.55M 25.46M 20.56M 8.9M
Cost of revenue 90.43M 65.54M 56.79M

Financial data from Cars.com earnings reports

Date Owner Security Transaction Code 10b5-1 $Price #Shares $Value #Remaining
18 May 20 Devard Jerri Common Stock Grant Aquire A No 0 27,076 0 45,628
18 May 20 Forbes Scott E Common Stock Grant Aquire A No 0 40,614 0 99,440
18 May 20 Hale Thomas E Common Stock Grant Aquire A No 0 27,076 0 50,541
18 May 20 Greenthal Jill A Common Stock Grant Aquire A No 0 27,076 0 58,190
13F holders
Current Prev Q Change
Total holders 172 200 -14.0%
Opened positions 30 30
Closed positions 58 36 +61.1%
Increased positions 46 51 -9.8%
Reduced positions 58 76 -23.7%
13F shares
Current Prev Q Change
Total value 315.68M 883.96M -64.3%
Total shares 69.26M 72.36M -4.3%
Total puts 370.3K 509.4K -27.3%
Total calls 489.5K 1.14M -57.2%
Total put/call ratio 0.8 0.4 +69.8%
Largest owners
Shares Value Change
Ninety One UK 6.46M $27.76M +10.8%
Vanguard 6.38M $27.45M +0.6%
Dimensional Fund Advisors 5.51M $23.68M -0.4%
BLK BlackRock 5.26M $22.62M +0.2%
Greenvale Capital 4.25M $18.28M +113.8%
Baupost 3M $12.9M +10.8%
Fairpointe Capital 2.67M $11.49M -1.7%
LSV Asset Management 2.37M $10.2M +666.2%
PRU Prudential Financial 2.34M $10.08M -0.7%
Massachusetts Financial Services 2.18M $9.38M +19.2%
Largest transactions
Shares Bought/sold Change
FRLG Goldman Sachs 1.2M -2.6M -68.4%
Aqr Capital Management 65.82K -2.52M -97.5%
Greenvale Capital 4.25M +2.26M +113.8%
LSV Asset Management 2.37M +2.06M +666.2%
JPM JPMorgan Chase & Co. 1.73M +1.59M +1202.6%
Contrarius Investment Management 1.51M +1.51M NEW
Norges Bank 0 -1M EXIT
Millennium Management 160.2K -891.32K -84.8%
Two Sigma Investments 467.17K -746.45K -61.5%
FHI Federated Hermes 1.24M +735.11K +146.9%

Financial report summary

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Competition
GoogleFacebookTrueCarCargurusAutoTraderEdmunds
Risks
  • Our business is subject to risks related to the larger automotive ecosystem, including consumer demand and other macroeconomic issues.
  • If we fail to maintain or increase our base of subscribing dealers that purchase our solutions or to increase our revenue from subscribing dealers, our business, results of operations or financial condition may be materially and adversely affected.
  • We compete with other consumer automotive websites and mobile applications and other digital content providers for share of automotive-related digital advertising spending and may be unable to maintain or grow our base of advertising customers or increase our revenue from existing advertisers.
  • We may face difficulties in transitioning from a marketplace platform to a full-service solutions provider that helps automotive brands and dealers create enduring customer relationships.
  • We rely on third-party service providers for many aspects of our business, including automobile pricing and other data, and any failure to maintain these relationships could harm our business.
  • We rely on in-house content creation and development to drive traffic to the CARS sites and mobile applications.
  • We rely in part on Internet search engines and mobile application download stores to drive traffic to the CARS sites and mobile applications. If the CARS sites and mobile applications fail to appear prominently in these search results, traffic to the CARS sites and mobile applications would decline and our business, results of operations or financial condition may be materially and adversely affected.
  • The value of our assets or operations may be diminished if our information technology systems fail to perform adequately.
  • We rely on technology systems’ availability and ability to prevent unauthorized access. If our security and resiliency measures fail to prevent incidents, it could result in damage to our reputation, incur costs and create liabilities.
  • Our business depends on strong brand recognition, and any failure to maintain, protect and enhance our brands could hurt our ability to retain or expand our base of consumers, customers and advertisers, and our ability to increase the frequency with which consumers, dealers and advertisers use our services.
  • We cannot assure you that we will be able to continue to successfully develop and launch new products or grow our complementary product offerings.
  • Our business is dependent on keeping pace with advances in technology. If we are unable to keep pace with advances in technology, consumers may stop using our services and our revenue may decrease.
  • If we do not adapt to automated buying strategies quickly, our display advertising revenue could be adversely affected.
  • If our mobile applications do not continue to meet consumer demands or we are unable to successfully monetize our mobile advertising solutions, our business, results of operations or financial condition may be materially and adversely affected.
  • Dealer closures or consolidation among dealers or OEMs could reduce demand for, and the pricing of, our marketing and solutions offerings, thereby leading to decreased earnings.
  • If growth in the online and mobile automotive advertising market stagnates or declines, our business, results of operations or financial condition could be materially and adversely affected.
  • Uncertainty exists in the application of various laws and regulations to our business, including privacy laws such as the California Consumer Privacy Act and new tax laws and interpretations. New laws or regulations applicable to our business, or the expansion or interpretation of existing laws and regulations to apply to our business, could subject us to licensing requirements, claims, judgments and remedies, including sales and use taxes, other monetary liabilities and limitations on our business practices, and could increase administrative costs.
  • Strategic acquisitions, investments and partnerships could pose various risks, increase our leverage, dilute existing stockholders and significantly impact our ability to expand our overall profitability.
  • The value of our existing goodwill and intangible assets may become impaired, depending upon future operating results.
  • Misappropriation or infringement of our intellectual property and proprietary rights, enforcement actions to protect our intellectual property and claims from third parties relating to intellectual property could materially and adversely affect our business, results of operations or financial condition.
  • If we expand into new geographic markets, we may be prevented from using our brands in such markets.
  • Our ability to operate effectively could be impaired if we fail to attract and retain our key employees.
  • Seasonality may cause fluctuations in our revenue and operating results.
  • Our debt agreements contain restrictions that may limit our flexibility in operating our business.
  • Increases in interest rates could increase interest payable under our variable rate indebtedness.
  • We do not expect to pay any cash dividends for the foreseeable future.
  • Your percentage of ownership in the Company may be diluted in the future.
  • Certain provisions of our certificate of incorporation, by-laws, and Delaware law may discourage takeovers and limit our ability to use, acquire, or develop certain competing businesses.
Content analysis ?
Positive
Negative
Uncertain
Constraining
Legalese
Litigous
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