Cars.com (CARS) Receives Media Impact Score of 0.24

Media coverage about Cars.com (NYSE:CARS) has been trending somewhat positive recently, Accern Sentiment reports. The research group identifies positive and negative press coverage by analyzing more than 20 million news and blog sources in real time. Accern ranks coverage of public companies on a scale of -1 to 1, with scores closest to one being the most favorable. Cars.com earned a news sentiment score of 0.24 on Accern’s scale. Accern also assigned news coverage about the company an impact score of 45.635847827696 out of 100, meaning that recent press coverage is somewhat unlikely to have an effect on the stock’s share price in the near future.

These are some of the media headlines that may have impacted Accern Sentiment Analysis’s scoring:

Cars.com (NYSE CARS) traded up $0.02 during mid-day trading on Friday, reaching $28.84. 685,655 shares of the company traded hands, compared to its average volume of 1,776,965. The company has a quick ratio of 1.43, a current ratio of 1.43 and a debt-to-equity ratio of 0.40. Cars.com has a fifty-two week low of $19.90 and a fifty-two week high of $30.30.

Several research analysts have recently issued reports on the stock. B. Riley assumed coverage on shares of Cars.com in a report on Wednesday, September 27th. They issued a “buy” rating and a $36.00 price objective for the company. Barrington Research increased their target price on shares of Cars.com from $40.00 to $45.00 and gave the company an “outperform” rating in a research note on Monday, November 6th. Finally, Zacks Investment Research lowered shares of Cars.com from a “hold” rating to a “strong sell” rating in a research note on Monday, November 13th.

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Cars.com Company Profile

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.

Insider Buying and Selling by Quarter for Cars.com (NYSE:CARS)

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