Cars Price To Book vs. Number Of Shares Shorted

CARS Stock  USD 17.36  0.10  0.57%   
Based on Cars' profitability indicators, Cars Inc is yielding more profit at this time then in previous quarter. It has a moderate probability of reporting better profitability numbers in January. Profitability indicators assess Cars' ability to earn profits and add value for shareholders. At this time, Cars' Price To Sales Ratio is comparatively stable compared to the past year. Days Sales Outstanding is likely to gain to 68.27 in 2024, whereas Sales General And Administrative To Revenue is likely to drop 0.11 in 2024. At this time, Cars' Accumulated Other Comprehensive Income is comparatively stable compared to the past year. Operating Income is likely to gain to about 92.7 M in 2024, whereas Income Tax Expense is likely to drop (105.4 M) in 2024.
Current ValueLast YearChange From Last Year 10 Year Trend
Gross Profit Margin0.660.8227
Significantly Down
Pretty Stable
Operating Profit Margin0.07460.0785
Notably Down
Very volatile
For Cars profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Cars to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Cars Inc utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Cars's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Cars Inc over time as well as its relative position and ranking within its peers.
  

Cars' Revenue Breakdown by Earning Segment

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Is Interactive Media & Services space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Cars. If investors know Cars will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Cars listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
3.163
Earnings Share
0.59
Revenue Per Share
10.824
Quarterly Revenue Growth
0.031
Return On Assets
0.0282
The market value of Cars Inc is measured differently than its book value, which is the value of Cars that is recorded on the company's balance sheet. Investors also form their own opinion of Cars' value that differs from its market value or its book value, called intrinsic value, which is Cars' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Cars' market value can be influenced by many factors that don't directly affect Cars' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Cars' value and its price as these two are different measures arrived at by different means. Investors typically determine if Cars is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Cars' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.

Cars Inc Number Of Shares Shorted vs. Price To Book Fundamental Analysis

Comparative valuation techniques use various fundamental indicators to help in determining Cars's current stock value. Our valuation model uses many indicators to compare Cars value to that of its competitors to determine the firm's financial worth.
Cars Inc is number one stock in price to book category among its peers. It also is number one stock in number of shares shorted category among its peers making about  702,891  of Number Of Shares Shorted per Price To Book. Comparative valuation analysis is a catch-all technique that is used if you cannot value Cars by discounting back its dividends or cash flows. It compares the stock's price multiples to nearest competition to determine if the stock is relatively undervalued or overvalued.

Cars Number Of Shares Shorted vs. Price To Book

Price to Book (P/B) ratio is used to relate a company book value to its current market price. A high P/B ratio indicates that investors expect executives to generate more returns on their investments from a given set of assets. Book value is the accounting value of assets minus liabilities.

Cars

P/B

 = 

MV Per Share

BV Per Share

 = 
2.25 X
Price to Book ratio is mostly used in financial services industries where assets and liabilities are typically represented by dollars. Although low Price to Book ratio generally implies that the firm is undervalued, it is often a good indicator that the company may be in financial or managerial distress and should be investigated more carefully.
Number of Shares Shorted is the total amount of shares that are currently sold short by investors. When a stock is sold short, the short seller assumes the responsibility of repurchasing the stock at a lower price. The speculator will make money if the stock goes down in price or will experience a loss if the stock price goes up.

Cars

Shares Shorted

 = 

Shorted by Public

+

by Institutions

 = 
1.58 M
If a large number of investors decide to short sell an equity instrument within a small period of time, their combined action can significantly affect the price of the stock.

Cars Number Of Shares Shorted Comparison

Cars is currently under evaluation in number of shares shorted category among its peers.

Cars Profitability Projections

The most important aspect of a successful company is its ability to generate a profit. For investors in Cars, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Cars will eventually generate negative long term returns. The profitability progress is the general direction of Cars' change in net profit over the period of time. It can combine multiple indicators of Cars, where stable trends show no significant progress. An accelerating trend is seen as positive, while a decreasing one is unfavorable. A rising trend means that profits are rising, and operational efficiency may be rising as well. A decreasing trend is a sign of poor performance and may indicate upcoming losses.
Last ReportedProjected for Next Year
Accumulated Other Comprehensive Income1.1 M1.1 M
Operating Income54.1 M92.7 M
Income Before Tax18.1 M19 M
Total Other Income Expense Net-36 M-37.8 M
Net Income118.4 M124.4 M
Income Tax Expense-100.3 M-105.4 M
Net Income From Continuing Ops118.4 M124.4 M
Net Income Applicable To Common Shares15.5 M16.3 M
Net Interest Income-32.4 M-34 M
Interest Income35.4 M26 M
Non Operating Income Net Other-7.3 M-7 M
Change To Netincome38.6 M36.7 M
Net Income Per Share 1.77  1.86 
Income Quality 1.15  2.30 
Net Income Per E B T 6.54  4.52 

Cars Profitability Driver Comparison

Profitability drivers are factors that can directly affect your investment outlook on Cars. Investors often realize that things won't turn out the way they predict. There are maybe way too many unforeseen events and contingencies during the holding period of Cars position where the market behavior may be hard to predict, tax policy changes, gold or oil price hikes, calamities change, and many others. The question is, are you prepared for these unexpected events? Although some of these situations are obviously beyond your control, you can still follow the important profit indicators to know where you should focus on when things like this occur. Below are some of the Cars' important profitability drivers and their relationship over time.

Use Cars in pair-trading

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Cars position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Cars will appreciate offsetting losses from the drop in the long position's value.

Cars Pair Trading

Cars Inc Pair Trading Analysis

The ability to find closely correlated positions to Cars could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Cars when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Cars - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Cars Inc to buy it.
The correlation of Cars is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Cars moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Cars Inc moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Cars can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching

Use Investing Themes to Complement your Cars position

In addition to having Cars in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.

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Run Artificial Intelligence Thematic Idea Now

Artificial Intelligence
Artificial Intelligence Theme
Technology companies, funds, and ETFs across multiple industries that are involved in research or development in the field of reasoning, learning, natural language processing and perception as well as its application to science and commerce. This theme may also include entities involved in cybernetics and cognitive brain simulation field. The Artificial Intelligence theme has 42 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Artificial Intelligence Theme or any other thematic opportunities.
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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.