CARS

Cars.com

Consumer


Presented:05/17/2017
Price:N/A
Cap:N/A
Current Price:$15.88
Cap:N/A

Presented

Date05/17/2017
PriceN/A
Market CapN/A
Ent ValueN/A
P/E RatioN/A
Book ValueN/A
Div Yield0%
Shares O/SN/A
Ave Daily VolN/A
Short IntN/A

Current

Price$15.88
Market CapN/A

Publicly traded companies mentioned herein: Cars.com (CARS), Rightmove Plc (RMV LN), Scout24 AG (G24 GR), Tegna Inc (TGNA)

Highlights

The presenter is long shares of Cars.com (CARS, CARS WI), which is set to complete its spin from TEGNA (TGNA) on May 31, 2017, though some shares have already started trading on a when-issued basis on May 18. TGNA shareholders will receive 1 share of CARS for every 3 shares of TGNA. The presenter believes CARS shares will ultimately appreciate to $40 on 2019 numbers, from the $26 - $30 range that it will likely open at per current Street models.

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Idea Discussion

Commentor 1 - 2 weeks ago

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