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NYSE: CARS
Carscom Inc Stock Forecast, Predictions & Price Target

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Analyst price target for CARS

Based on 2 analysts offering 12 month price targets for Carscom Inc.
Min Forecast
$16.00+39.13%
Avg Forecast
$18.00+56.52%
Max Forecast
$20.00+73.91%

Should I buy or sell CARS stock?

Based on 3 analysts offering ratings for Carscom Inc.
Strong Buy
Strong Buy
2 analysts 66.67%
Buy
0 analysts 0%
Hold
1 analysts 33.33%
Sell
0 analysts 0%
Strong Sell
0 analysts 0%

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CARS stock forecasts by analyst

Analyst / FirmRatingActionPrice TargetUpside/DownsideDateAnalyst Color
BTIG
Bottom 17%
17
Strong BuyMaintains$16.00+39.13%2022-06-21
Northcoast Research
Bottom 37%
37
HoldInitiates Coverage OnN/AN/A2022-02-02
DA Davidson
Bottom 2%
2
Strong BuyMaintains$20.00+73.91%2021-11-15

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Forecast return on equity

Is CARS forecast to generate an efficient return?
Company
16.65%
Industry
10.07%
Market
121.74%
CARS's Return on Equity is... subscribe to Premium to read more.
Forecast High Return on Equity Forecast

Forecast return on assets

Is CARS forecast to generate an efficient return on assets?
Company
6.2%
Industry
2.16%
CARS is forecast to generate... subscribe to Premium to read more.
Forecast Return on Assets vs Industry Forecast

CARS earnings per share forecast

What is CARS's earnings per share in the next 3 years based on estimates from 1 analyst?
Avg 1 year Forecast
$0.46+411.11%
Avg 2 year Forecast
$0.66+633.33%
Avg 3 year Forecast
$0.82+811.11%
CARS's earnings are forecast to... subscribe to Premium to read more.
Forecast High Earnings Growth Forecast

CARS revenue forecast

What is CARS's revenue in the next 3 years based on estimates from 2 analysts?
Avg 1 year Forecast
$652.4M+2.59%
Avg 2 year Forecast
$691.3M+8.7%
Avg 3 year Forecast
$727.4M+14.39%
CARS's revenue is forecast to... subscribe to Premium to read more.
Forecast High Revenue Growth Forecast

CARS earnings growth forecast

How is CARS forecast to perform vs Auto & Truck Dealerships companies and vs the US market?
Company
109.43%
Industry
5.86%
Market
16.88%
CARS's earnings are forecast to... subscribe to Premium to read more.
Forecast Earnings Growth vs Industry Forecast
CARS's earnings are forecast to... subscribe to Premium to read more.
Forecast Earnings Growth vs Market Forecast
CARS's earnings are forecast to... subscribe to Premium to read more.
Forecast Earnings Growth vs Savings Rate Forecast

CARS revenue growth forecast

How is CARS forecast to perform vs Auto & Truck Dealerships companies and vs the US market?
Company
4.6%
Industry
2.88%
Market
8.59%
CARS's revenues are forecast to... subscribe to Premium to read more.
Forecast Revenue Growth vs Industry Forecast
CARS's revenues are forecast to... subscribe to Premium to read more.
Forecast Revenue Growth vs Market Forecast

CARS vs Auto & Truck Dealership Stocks

TickerPricePrice TargetUp/downsideConsensus
CARS$11.50$18.00+56.52%Strong Buy
RENN$29.61$0.80-97.30%Sell
CRMT$61.02$103.00+68.80%Sell
KFS$6.94N/AN/A
VRM$1.16$10.79+830.00%Hold

Carscom Stock Forecast FAQ

Is Carscom Stock a good buy in 2022, according to Wall Street analysts?

The consensus among 3 Wall Street analysts covering (NYSE: CARS) stock is to Strong Buy CARS stock.

Out of 3 analysts, 2 (66.67%) are recommending CARS as a Strong Buy, 0 (0%) are recommending CARS as a Buy, 1 (33.33%) are recommending CARS as a Hold, 0 (0%) are recommending CARS as a Sell, and 0 (0%) are recommending CARS as a Strong Sell.

If you're new to stock investing, here's how to buy Carscom stock.

What is CARS's earnings growth forecast for 2022-2024?

(NYSE: CARS) Carscom's forecast annual earnings growth rate of 109.43% is forecast to beat the US Auto & Truck Dealerships industry's average forecast earnings growth rate of 5.86%, and and it is also forecast to beat the US market's average forecast earnings growth rate of 16.88%.

Carscom's earnings in 2022 is $6,360,000.On average, 1 Wall Street analyst forecast CARS's earnings for 2022 to be $31,217,560, with the lowest CARS earnings forecast at $31,217,560, and the highest CARS earnings forecast at $31,217,560. On average, 1 Wall Street analyst forecast CARS's earnings for 2023 to be $44,790,412, with the lowest CARS earnings forecast at $44,790,412, and the highest CARS earnings forecast at $44,790,412.

In 2024, CARS is forecast to generate $55,648,693 in earnings, with the lowest earnings forecast at $55,648,693 and the highest earnings forecast at $55,648,693.

What is CARS's revenue growth forecast for 2022-2024?

(NYSE: CARS) Carscom's forecast annual revenue growth rate of 4.6% is forecast to beat the US Auto & Truck Dealerships industry's average forecast revenue growth rate of 2.88%, and while it is not forecast to beat the US market's average forecast revenue growth rate of 8.59%.

Carscom's revenue in 2022 is $635,938,000.On average, 2 Wall Street analysts forecast CARS's revenue for 2022 to be $44,276,000,509, with the lowest CARS revenue forecast at $44,250,212,090, and the highest CARS revenue forecast at $44,301,788,928. On average, 2 Wall Street analysts forecast CARS's revenue for 2023 to be $46,912,527,010, with the lowest CARS revenue forecast at $46,815,481,118, and the highest CARS revenue forecast at $47,009,572,902.

In 2024, CARS is forecast to generate $49,367,177,294 in revenue, with the lowest revenue forecast at $48,957,277,164 and the highest revenue forecast at $49,777,077,425.

What is CARS's forecast return on assets (ROA) for 2022-2025?

(NYSE: CARS) forecast ROA is 6.2%, which is higher than the forecast US Auto & Truck Dealerships industry average of 2.16%.

What is CARS's Price Target?

According to 2 Wall Street analysts that have issued a 1 year CARS price target, the average CARS price target is $18.00, with the highest CARS stock price forecast at $20.00 and the lowest CARS stock price forecast at $16.00.

On average, Wall Street analysts predict that Carscom's share price could reach $18.00 by Jun 21, 2023. The average Carscom stock price prediction forecasts a potential upside of 56.52% from the current CARS share price of $11.50.

What is CARS's Earnings Per Share (EPS) forecast for 2022-2024?

(NYSE: CARS) Carscom's current Earnings Per Share (EPS) is $0.09. On average, analysts forecast that CARS's EPS will be $0.46 for 2022, with the lowest EPS forecast at $0.46, and the highest EPS forecast at $0.46. On average, analysts forecast that CARS's EPS will be $0.66 for 2023, with the lowest EPS forecast at $0.66, and the highest EPS forecast at $0.66. In 2024, CARS's EPS is forecast to hit $0.82 (min: $0.82, max: $0.82).

What is CARS's forecast return on equity (ROE) for 2022-2025?

(NYSE: CARS) forecast ROE is 16.65%, which is considered weak.
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