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

Analyst price target for CARS

Based on 2 analysts offering 12 month price targets for Carscom Inc.
Min Forecast
$18.00+6.45%
Avg Forecast
$19.00+12.36%
Max Forecast
$20.00+18.27%

Should I buy or sell CARS stock?

Based on 2 analysts offering ratings for Carscom Inc.
Strong Buy
Strong Buy
2 analysts 100%
Buy
0 analysts 0%
Hold
0 analysts 0%
Sell
0 analysts 0%
Strong Sell
0 analysts 0%

CARS stock forecasts by analyst

Analyst / FirmRatingActionPrice TargetUpside/DownsideDateAnalyst Color
DA Davidson
Top 34%
67
Strong BuyMaintains$20.00+18.27%2021-11-15
Truist Securities
Top 16%
85
Strong BuyInitiates Coverage On$18.00+6.45%2021-08-27
Anonymous
DA Davidson
Strong BuyMaintains$18.00+6.45%2021-05-07

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Forecast return on equity

Is CARS forecast to generate an efficient return?
Company
10.37%
Industry
159%
Market
37.06%
CARS's Return on Equity is forecast to be low in 3 years (10.37%); analysts are not confident in the firm's ability to efficiently generate return on equity
Forecast

Forecast return on assets

Is CARS forecast to generate an efficient return on assets?
Company
3.81%
Industry
13.39%
CARS is forecast to generate lower Return on Assets (3.81%) than the US Consumer Cyclical industry average (13.39%)
Forecast

CARS earnings per share forecast

What is CARS's earnings per share in the next 3 years based on estimates from 1 analysts?
Avg 1 year Forecast
$0.29-12.12%
Avg 2 year Forecast
$0.42+27.27%
Avg 3 year Forecast
$0.47+42.42%
CARS's earnings are forecast to grow at a rate of 13.56% per year, which is not exceptional
Forecast

CARS revenue forecast

What is CARS's revenue in the next 3 years based on estimates from 2 analysts?
Avg 1 year Forecast
$623.0M+0.74%
Avg 2 year Forecast
$654.2M+5.79%
Avg 3 year Forecast
$684.6M+10.7%
CARS's revenue is forecast to grow at a rate of 3.45% per year, which is not exceptional
Forecast

CARS earnings growth forecast

How is CARS forecast to perform vs Consumer Cyclical companies and vs the US market?
Company
13.56%
Industry
14.84%
Market
14.37%
CARS's earnings are forecast to grow slower (13.56% per year) than the US Consumer Cyclical industry average (14.84%)
Forecast
CARS's earnings are forecast to grow slower (13.56% per year) than the US market average (14.37%)
Forecast
CARS's earnings are forecast to grow faster (13.56% per year) than the risk-free savings rate (1.4%)
Forecast

CARS revenue growth forecast

How is CARS forecast to perform vs Consumer Cyclical companies and vs the US market?
Company
3.45%
Industry
15.39%
Market
10.03%
CARS's revenues are forecast to grow slower (3.45% per year) than the US Consumer Cyclical industry average (15.39%)
Forecast
CARS's revenues are forecast to grow slower (3.45% per year) than the US market average (10.03%)
Forecast

Carscom Stock Forecast FAQ

Is Carscom Stock a good buy in 2021, according to Wall Street analysts?

The consensus among 2 Wall Street analysts covering (NYSE: CARS) stock is to Strong Buy CARS stock.

Out of 2 analysts, 2 (100%) are recommending CARS as a Strong Buy, 0 (0%) 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.

What is CARS's earnings growth forecast for 2021-2023?

(NYSE: CARS) Carscom's forecast annual earnings growth rate of 13.56% is not forecast to beat the US Consumer Cyclical industry's average forecast earnings growth rate of 14.84%, and while it is not forecast to beat the US market's average forecast earnings growth rate of 14.37%.

Carscom's earnings in 2021 is $20,894,000.On average, 1 Wall Street analysts forecast CARS's earnings for 2021 to be $20,039,581, with the lowest CARS earnings forecast at $20,039,581, and the highest CARS earnings forecast at $20,039,581. On average, 1 Wall Street analysts forecast CARS's earnings for 2022 to be $29,022,841, with the lowest CARS earnings forecast at $29,022,841, and the highest CARS earnings forecast at $29,022,841.

In 2023, CARS is forecast to generate $32,477,941 in earnings, with the lowest earnings forecast at $32,477,941 and the highest earnings forecast at $32,477,941.

What is CARS's revenue growth forecast for 2021-2023?

(NYSE: CARS) Carscom's forecast annual revenue growth rate of 3.45% is not forecast to beat the US Consumer Cyclical industry's average forecast revenue growth rate of 15.39%, and while it is not forecast to beat the US market's average forecast revenue growth rate of 10.03%.

Carscom's revenue in 2021 is $618,386,000.On average, 2 Wall Street analysts forecast CARS's revenue for 2021 to be $43,048,267,503, with the lowest CARS revenue forecast at $43,011,505,237, and the highest CARS revenue forecast at $43,085,098,871. On average, 2 Wall Street analysts forecast CARS's revenue for 2022 to be $45,204,941,017, with the lowest CARS revenue forecast at $44,664,425,149, and the highest CARS revenue forecast at $45,745,525,986.

In 2023, CARS is forecast to generate $47,305,711,010 in revenue, with the lowest revenue forecast at $46,785,994,845 and the highest revenue forecast at $47,825,496,276.

What is CARS's forecast return on assets (ROA) for 2021-2024?

(NYSE: CARS) forecast ROA is 3.81%, which is lower than the forecast US Consumer Cyclical industry average of 13.39%.

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 $19.00, with the highest CARS stock price forecast at $20.00 and the lowest CARS stock price forecast at $18.00.

On average, Wall Street analysts predict that Carscom's share price could stay at $19.00 by Nov 15, 2022. The average Carscom stock price prediction forecasts a potential downside of N/A from the current CARS share price of $16.91.

What is CARS's Earnings Per Share (EPS) forecast for 2021-2023?

(NYSE: CARS) Carscom's current Earnings Per Share (EPS) is $0.33. On average, analysts forecast that CARS's EPS will be $0.29 for 2021, with the lowest EPS forecast at $0.29, and the highest EPS forecast at $0.29. On average, analysts forecast that CARS's EPS will be $0.42 for 2022, with the lowest EPS forecast at $0.42, and the highest EPS forecast at $0.42. In 2023, CARS's EPS is forecast to hit $0.47 (min: $0.47, max: $0.47).

What is CARS's forecast return on equity (ROE) for 2021-2024?

(NYSE: CARS) forecast ROE is 10.37%, which is considered weak.
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