CAR Group (CSXXY) Stock Price, News & Analysis

Company Overview

CAR Group Limited engages in the operation of online automotive, motorcycle, and marine classifieds business in Australia, New Zealand, Brazil, South Korea, Malaysia, Indonesia, Thailand, Chile, China, the United States, and Mexico. The company operates through six segments: Australia Online Advertising Services; Australia Data, Research and Services; Investments; North America; Latin America; and Asia segments. The Australia Online Advertising Services segment offers classified advertising that allows private and dealer customers to advertise automotive and non-automotive goods and services for sale across the carsales network; products, including subscriptions, lead fees, listing fees, and priority placement services; and display advertising services, such as placing advertisements for corporate customers comprising automotive manufacturers and finance companies. The Australia Data, Research and Services segment offers software as a service, research and reporting, valuation, appraisals, and website development and hosting services, as well as photography services. The Investments segment holds investment in consumer and wholesale tyre markets, as well as provides mobility and vehicle inspection services. The North America segment operates digital non-automotive marketplaces. The Latin America segment digital automotive marketplaces. The Asia segment is involved in digital automotive classified business, as well as provides automotive data and advertising services. The company was formerly known as carsales.com Ltd and changed its name to CAR Group Limited in November 2023. CAR Group Limited was incorporated in 1996 and is headquartered in Melbourne, Australia.

Key Stats

• Today's Range: $50.35 to $54.59
• 50-Day Range: $45.63 to $57.07
• 52-Week Range: $36.00 to $57.07
• Volume: 707 shs
• Average Volume: 2,213 shs
• Market Capitalization: N/A
• P/E Ratio: 155.54
• Dividend Yield: N/A
• Price Target: $41.00
• Consensus Rating: Buy

CAR Group Stock Analysis - MarketRank™

CAR Group scored higher than 27% of companies evaluated by MarketBeat. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 1.7 / 5
• Analyst Rating: Buy

Consensus Rating

CAR Group has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 1 buy rating, no hold ratings, and no sell ratings.

Downside Risk

CAR Group has a consensus price target of $41.00, representing about 18.6% downside from its current price of $50.35.

Amount of Analyst Coverage

CAR Group has only been the subject of 1 research reports in the past 90 days.

Earnings and Valuation

• Score: 1.3 / 5
• Proj. Earnings Growth: N/A

Price to Earnings Ratio vs. the Market

The P/E ratio of CAR Group is 155.54, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 277.94.

Price to Earnings Ratio vs. Sector

The P/E ratio of CAR Group is 155.54, which means that it is trading at a less expensive P/E ratio than the Communication Services sector average P/E ratio of about 358.29.

Short Interest

• Score: 4.0 / 5
• Short Interest Level: Healthy

Percentage of Shares Shorted

Short Interest Ratio / Days to Cover

CAR Group has a short interest ratio ("days to cover") of 0.1, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in CAR Group has recently decreased by 45.45%, indicating that investor sentiment is improving significantly.

Dividend

• Score: 0.0 / 5
• Dividend Strength: N/A

Dividend Yield

CAR Group does not currently pay a dividend.

Dividend Growth

CAR Group does not have a long track record of dividend growth.

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Percentage of Shares Shorted

Short Interest Ratio / Days to Cover

CAR Group has a short interest ratio ("days to cover") of 0.1, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in CAR Group has recently decreased by 45.45%, indicating that investor sentiment is improving significantly.

News and Social Media

• Score: 2.8 / 5
• News Sentiment: N/A

News Sentiment

CAR Group has a news sentiment score of 1.00. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.28 average news sentiment score of Communication Services companies.

News Coverage This Week

MarketBeat has tracked 1 news article for CAR Group this week, compared to 0 articles on an average week.

Company Ownership

• Score: 0.0 / 5
• Insider Trading: N/A

Insider Buying vs. Insider Selling

In the past three months, CAR Group insiders have not sold or bought any company stock.

Percentage Held by Institutions

Only 15.63% of the stock of CAR Group is held by institutions.

CSXXY Stock Analysis - Frequently Asked Questions

How have CSXXY shares performed this year?

CAR Group's stock was trading at $45.50 at the start of the year. Since then, CSXXY shares have increased by 10.7% and is now trading at $50.35.

How do I buy shares of CAR Group?

Shares of CSXXY stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.

Industry, Sector and Symbol

• Stock Exchange: OTCMKTS
• Sector: Communication Services
• Industry: Internet Content & Information
• Sub-Industry: N/A
• Current Symbol: OTCMKTS:CSXXY
• CIK: 1541309
• Web: www.carsales.com.au
• Phone: (139) 093-8600
• Fax: N/A
• Employees: 2,000
• Year Founded: N/A

Price Target and Rating

• Average Price Target for CAR Group: $41.00
• High Price Target: $41.00
• Low Price Target: $41.00
• Potential Upside/Downside: -18.6%
• Consensus Rating: Buy
• Rating Score (0-4): 3.00
• Research Coverage: 1 Analysts

Profitability

• EPS (Trailing Twelve Months): N/A
• Trailing P/E Ratio: 155.54
• Forward P/E Ratio: N/A
• P/E Growth: N/A
• Net Income: N/A
• Net Margins: N/A
• Pretax Margin: N/A
• Return on Equity: N/A
• Return on Assets: N/A

Debt

• Debt-to-Equity Ratio: N/A
• Current Ratio: N/A
• Quick Ratio: N/A

Sales & Book Value

• Annual Sales: N/A
• Price / Sales: N/A
• Cash Flow: N/A
• Price / Cash Flow: N/A
• Book Value: N/A
• Price / Book: N/A

Miscellaneous

• Outstanding Shares: N/A
• Free Float: N/A
• Market Cap: N/A
• Optionable: Not Optionable
• Beta: N/A