Brokerages Anticipate Inc (CARS) to Announce $0.16 Earnings Per Share Inc (NYSE:CARS) has been assigned an average broker rating score of 1.67 (Buy) from the three brokers that cover the stock, Zacks Investment Research reports. One investment analyst has rated the stock with a hold rating and two have assigned a strong buy rating to the company.

Analysts have set a 1-year consensus price target of $34.83 for the company and are forecasting that the company will post $0.16 EPS for the current quarter, according to Zacks. Zacks has also assigned an industry rank of 188 out of 265 based on the ratings given to related companies.

Several equities research analysts have commented on the company. B. Riley restated a “buy” rating and set a $36.00 price target on shares of in a research note on Wednesday, January 31st. Barrington Research restated a “buy” rating on shares of in a research note on Thursday, March 8th. ValuEngine lowered from a “buy” rating to a “hold” rating in a research note on Thursday, January 4th. Finally, Zacks Investment Research upgraded from a “sell” rating to a “buy” rating and set a $36.00 price target for the company in a research note on Tuesday, January 9th.

Large investors have recently made changes to their positions in the business. Catalus Capital Management LLC acquired a new stake in during the fourth quarter worth about $192,402,000. Dimensional Fund Advisors LP increased its stake in by 32.1% during the third quarter. Dimensional Fund Advisors LP now owns 2,367,562 shares of the company’s stock worth $63,001,000 after acquiring an additional 574,912 shares during the last quarter. Evercore Trust Company N.A. acquired a new stake in during the third quarter worth about $59,099,000. Macquarie Group Ltd. grew its stake in shares of by 37,113.7% in the third quarter. Macquarie Group Ltd. now owns 336,412 shares of the company’s stock valued at $8,952,000 after buying an additional 335,508 shares in the last quarter. Finally, Boston Partners acquired a new stake in shares of in the third quarter valued at about $14,745,000. (NYSE CARS) opened at $29.80 on Tuesday. has a 12-month low of $19.90 and a 12-month high of $32.28. The company has a debt-to-equity ratio of 0.33, a current ratio of 1.58 and a quick ratio of 1.58. (NYSE:CARS) last released its earnings results on Tuesday, March 6th. The company reported $0.47 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of $0.31 by $0.16. The firm had revenue of $156.57 million for the quarter, compared to the consensus estimate of $156.30 million. had a return on equity of 8.16% and a net margin of 35.84%. The firm’s revenue for the quarter was down 3.2% compared to the same quarter last year. sell-side analysts anticipate that will post 0.96 earnings per share for the current year.

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