Cars Inc Stock Net Income

CARS Stock  USD 18.70  0.36  1.96%   
Cars Inc fundamentals help investors to digest information that contributes to Cars' financial success or failures. It also enables traders to predict the movement of Cars Stock. The fundamental analysis module provides a way to measure Cars' intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Cars stock.
Last ReportedProjected for Next Year
Net Income118.4 M124.4 M
Net Income From Continuing Ops118.4 M124.4 M
Net Income Applicable To Common Shares15.5 M16.3 M
Net Income Per Share 1.77  1.86 
Net Income Per E B T 6.54  4.52 
At this time, Cars' Net Income is comparatively stable compared to the past year. Net Income From Continuing Ops is likely to gain to about 124.4 M in 2024, whereas Net Income Per E B T is likely to drop 4.52 in 2024.
  
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Cars Inc Company Net Income Analysis

Cars' Net income is the profit of a company for the reporting period, which is derived after taking revenues and gains and subtracting all expenses and losses. Net income is one of the most-watched numbers by money managers as well as individual investors.

Net Income

 = 

(Rev + Gain)

-

(Exp + Loss)

More About Net Income | All Equity Analysis

Current Cars Net Income

    
  118.44 M  
Most of Cars' fundamental indicators, such as Net Income, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Cars Inc is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.

Cars Net Income Driver Correlations

Understanding the fundamental principles of building solid financial models for Cars is extremely important. It helps to project a fair market value of Cars Stock properly, considering its historical fundamentals such as Net Income. Since Cars' main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Cars' historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Cars' interrelated accounts and indicators.
Because income is reported on the Income Statement of a company and is measured in dollars some investors prefer to use Profit Margin, which measures income as a percentage of sales.
Competition

Cars Accumulated Other Comprehensive Income

Accumulated Other Comprehensive Income

1.15 Million

At this time, Cars' Accumulated Other Comprehensive Income is comparatively stable compared to the past year.
Based on the recorded statements, Cars Inc reported net income of 118.44 M. This is 76.81% lower than that of the Interactive Media & Services sector and 57.39% lower than that of the Communication Services industry. The net income for all United States stocks is 79.26% higher than that of the company.

Cars Net Income Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Cars' direct or indirect competition against its Net Income to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Cars could also be used in its relative valuation, which is a method of valuing Cars by comparing valuation metrics of similar companies.
Cars is currently under evaluation in net income category among its peers.

Cars ESG Sustainability

Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, Cars' sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Cars' managers, analysts, and investors.
Environmental
Governance
Social

Cars Institutional Holders

Institutional Holdings refers to the ownership stake in Cars that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Cars' outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing Cars' value.
Shares
Morgan Stanley - Brokerage Accounts2024-09-30
790.6 K
T. Rowe Price Associates, Inc.2024-09-30
777 K
Northern Trust Corp2024-09-30
684.3 K
Tocqueville Asset Management L.p.2024-09-30
670.4 K
Renaissance Technologies Corp2024-09-30
652.1 K
Arnhold & S. Bleichroeder Advisers, Llc2024-09-30
632.6 K
Royce & Associates, Lp2024-09-30
625.5 K
Bank Of New York Mellon Corp2024-09-30
534 K
Arrowmark Colorado Holdings, Llc (arrowmark Partners)2024-09-30
521 K
Fmr Inc2024-09-30
9.9 M
Blackrock Inc2024-06-30
9.8 M

Cars Fundamentals

About Cars Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Cars Inc's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Cars using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Cars Inc based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.

Thematic Opportunities

Explore Investment Opportunities

Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.
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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.