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

OverviewForecast
EarningsDividendOwnership

Analyst price target for CARS

Based on 3 analysts offering 12 month price targets for Carscom Inc.
Min Forecast
$23.00+26.1%
Avg Forecast
$23.42+28.38%
Max Forecast
$24.00+31.58%

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
1 analysts 33.33%
Hold
0 analysts 0%
Sell
0 analysts 0%
Strong Sell
0 analysts 0%

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CARS stock forecasts by analyst

Analyst / FirmRatingActionPrice TargetUpside/DownsideDateAnalyst Color
Craig-Hallum
Bottom 9%
9
BuyMaintains$24.00+31.58%2023-02-24
BTIG
Bottom 20%
20
Strong BuyMaintains$23.00+26.10%2023-02-24
DA Davidson
Bottom 2%
2
Strong BuyMaintains$23.25+27.47%2023-02-24

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Forecast return on equity

Is CARS forecast to generate an efficient return?
Company
N/A
Industry
N/A
Market
28.63%

Forecast return on assets

Is CARS forecast to generate an efficient return on assets?
Company
N/A
Industry
N/A

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
$0.66+164%
Avg 2 year Forecast
$0.82+228%
Avg 3 year Forecast
$0.96+284%
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
$691.3M+5.72%
Avg 2 year Forecast
$727.4M+11.25%
Avg 3 year Forecast
$747.6M+14.33%
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
56.78%
Industry
-9.86%
Market
19.51%
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
4.78%
Industry
-0.7%
Market
8.77%
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$18.24$23.42+28.38%Strong Buy
SAH$51.53$57.00+10.62%Buy
CRMT$74.39$103.00+38.46%Sell
KFS$8.98N/AN/A
LAZY$11.62$13.00+11.88%Hold
View Top Auto & Truck Dealership Stocks

Carscom Stock Forecast FAQ

Is Carscom Stock a good buy in 2023, 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, 1 (33.33%) are recommending CARS as a Buy, 0 (0%) 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 2023-2025?

(NYSE: CARS) Carscom's forecast annual earnings growth rate of 56.78% is forecast to beat the US Auto & Truck Dealerships industry's average forecast earnings growth rate of -9.86%, and and it is also forecast to beat the US market's average forecast earnings growth rate of 19.51%.

Carscom's earnings in 2023 is $17,206,000.On average, 1 Wall Street analyst forecast CARS's earnings for 2023 to be $43,661,559, with the lowest CARS earnings forecast at $43,661,559, and the highest CARS earnings forecast at $43,661,559. On average, 1 Wall Street analyst forecast CARS's earnings for 2024 to be $54,246,180, with the lowest CARS earnings forecast at $54,246,180, and the highest CARS earnings forecast at $54,246,180.

In 2025, CARS is forecast to generate $63,507,723 in earnings, with the lowest earnings forecast at $63,507,723 and the highest earnings forecast at $63,507,723.

What is CARS's revenue growth forecast for 2023-2025?

(NYSE: CARS) Carscom's forecast annual revenue growth rate of 4.78% is forecast to beat the US Auto & Truck Dealerships industry's average forecast revenue growth rate of -0.7%, and while it is not forecast to beat the US market's average forecast revenue growth rate of 8.77%.

Carscom's revenue in 2023 is $653,876,000.On average, 2 Wall Street analysts forecast CARS's revenue for 2023 to be $45,730,191,245, with the lowest CARS revenue forecast at $45,635,591,200, and the highest CARS revenue forecast at $45,824,791,291. On average, 2 Wall Street analysts forecast CARS's revenue for 2024 to be $48,122,977,012, with the lowest CARS revenue forecast at $47,723,407,589, and the highest CARS revenue forecast at $48,522,546,435.

In 2025, CARS is forecast to generate $49,456,639,193 in revenue, with the lowest revenue forecast at $49,456,639,193 and the highest revenue forecast at $49,456,639,193.

What is CARS's forecast return on assets (ROA) for 2023-2026?

(NYSE: CARS) forecast ROA is N/A, which is lower than the forecast US Auto & Truck Dealerships industry average of N/A.

What is CARS's Price Target?

According to 3 Wall Street analysts that have issued a 1 year CARS price target, the average CARS price target is $23.42, with the highest CARS stock price forecast at $24.00 and the lowest CARS stock price forecast at $23.00.

On average, Wall Street analysts predict that Carscom's share price could reach $23.42 by Feb 24, 2024. The average Carscom stock price prediction forecasts a potential upside of 28.38% from the current CARS share price of $18.24.

What is CARS's Earnings Per Share (EPS) forecast for 2023-2025?

(NYSE: CARS) Carscom's current Earnings Per Share (EPS) is $0.25. 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. On average, analysts forecast that CARS's EPS will be $0.82 for 2024, with the lowest EPS forecast at $0.82, and the highest EPS forecast at $0.82. In 2025, CARS's EPS is forecast to hit $0.96 (min: $0.96, max: $0.96).

What is CARS's forecast return on equity (ROE) for 2023-2026?

(NYSE: CARS) forecast ROE is N/A, which is considered weak.
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