Cars Stock Target Price and Analyst Consensus

CARS Stock  USD 19.89  0.56  2.90%   
The current analyst and expert consensus on Cars is Buy, with 1 strong sell and 3 strong buy opinions. The current projected Cars target price consensus is 23.36 with 7 analyst opinions. Check out Macroaxis Advice on Cars to cross-verify analyst projections. Unlike analyst recommendations, Macroaxis provides advice only from the perspective of investor risk tolerance and investment horizon.
The most common way Cars Inc analysts use to provide recommendation to the public is financial statements analysis. Many experts also interview Cars executives and customers to further validate their buy or sell advice. Note, the total number of analysts currently providing their opinion is not significant to determine adequate consensus on Cars. We strongly encourage you to use your own analysis of Cars Inc to validate this buy or sell advice. Cars buy-or-sell recommendation module provides average expert sentiment on the projected Cars Inc target price to derive its highest and lowest estimates based on projected price volatility of 2.1742.
Lowest Forecast
21.26
Highest Forecast
25.93
Target Price
23.36
At this time, Cars' Pretax Profit Margin is comparatively stable compared to the past year. Net Profit Margin is likely to gain to 0.18 in 2024, whereas Gross Profit is likely to drop slightly above 537.4 M in 2024. At this time, Cars' Intangible Assets are comparatively stable compared to the past year. Non Currrent Assets Other is likely to gain to about 22 M in 2024, whereas Other Current Liabilities is likely to drop slightly above 56 M in 2024.
  
It's important to approach Cars' target price projections with caution. While they can be useful as part of a broader investment strategy, they are inherently speculative and subject to various kinds of risk, including market volatility and unforeseen external factors. Always consider multiple aspects and do your own research when making investment decisions.
Analysts determine stock price targets through various methods, including financial modeling, peer comparison, and company analysis. The stock price target is the analyst's best estimate of the future price of a stock and is used by investors to make investment decisions. However, it is important to note that stock price targets are not guaranteed, and the actual price of a stock can differ significantly from the target due to various factors such as market conditions, economic events, and company developments.

Steps to utilize Cars price targets

Cars' stock target price is an estimate of its future price, usually made by analysts. Using Cars' target price to determine if it is a suitable investment can be done through the following steps:
  • Look at Cars' target prices provided by various analysts and compare them. This can help you gain a more balanced view of the Stock's potential.
  • Look at the analyst's track record to determine if they have a history of accurately predicting stock prices.
  • Look at the Company's financials, including revenue, earnings, and debt, to determine if it is in good financial health.
  • Consider market conditions. For example, take into account the state of the economy, competition, and regulatory environment, to determine if Cars' stock is likely to perform well.
  • Diversify your portfolio and do not rely solely on stock target prices to make investment decisions. Invest in a mix of stocks, bonds, and other assets to manage risk.
Remember that stock target prices are just estimates and are subject to change. Therefore, using them as one factor in a larger investment strategy is essential rather than relying solely on them to make decisions.

Additional Cars Value Projection Modules

Most investment researchers agree that the mispricing and readjustment of any Stock value happens often and is sometimes even predictable, but there is no strong theory explaining why it happens. The current price of Cars is a key component of Cars valuation and have some predictive power on the future returns of a Cars.
Hype
Prediction
LowEstimatedHigh
17.3019.4721.64
Details
Intrinsic
Valuation
LowRealHigh
18.6820.8523.02
Details
Naive
Forecast
LowNextHigh
16.2518.4320.60
Details
Earnings
Estimates (0)
LowProjected EPSHigh
0.420.440.46
Details

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Additional Tools for Cars Stock Analysis

When running Cars' price analysis, check to measure Cars' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Cars is operating at the current time. Most of Cars' value examination focuses on studying past and present price action to predict the probability of Cars' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Cars' price. Additionally, you may evaluate how the addition of Cars to your portfolios can decrease your overall portfolio volatility.