Michael Kelly - Cars Additional Independent Director

CARS Stock  USD 17.09  0.19  1.12%   

Director

Mr. Michael Joseph Kelly is Additional Independent Director of the Company. He is the CoFounder and CEO of Kelly Newman Ventures, an advisory and investment firm. Previously, he served as the President and Chief Executive Officer of The Weather Channel Companies, a leading weatherfocused media and technology company. Prior to that, he served as the President of AOL Media Networks where he pioneered the media network strategy through a number of successful acquisitions such as Advertising.com and Third Screen Media. From 2002 to 2004, Mr. Kelly served as President of the Global Marketing group at Time Warner and from 2000 to 2002, as the Founder and Chief Executive Officer of American Town Network. He currently serves on the Boards of Directors of Quantcast Corporationrationration, American Town Network, and Dianomi. Previously, Mr. Kelly served on the Boards of Directors of Bankrate, Inc. and MediaMind. He also previously served as Chairman of the Boards of Directors of ColSpace Corporation and Unruly Group Limited since 2018.
Age 63
Tenure 6 years
Address 300 S. Riverside Plaza, Chicago, IL, United States, 60606
Phone312 601 5000
Webhttps://www.cars.com
Kelly currently serves on the Board of the American Advertising Federation and the Board of Councilors of the Carter Center in Atlanta, and he is a founding member of The Kelly Gang. He graduated from the University of Illinois at UrbanaChampaign with a B.A. in Political Science.

Cars Management Efficiency

The company has return on total asset (ROA) of 0.0316 % which means that it generated a profit of $0.0316 on every $100 spent on assets. This is way below average. Similarly, it shows a return on stockholder's equity (ROE) of 0.2703 %, meaning that it created $0.2703 on every $100 dollars invested by stockholders. Cars' management efficiency ratios could be used to measure how well Cars manages its routine affairs as well as how well it operates its assets and liabilities. At this time, Cars' Return On Assets are comparatively stable compared to the past year. Return On Equity is likely to gain to 0.25 in 2024, whereas Return On Tangible Assets are likely to drop 0.23 in 2024. At this time, Cars' Total Assets are comparatively stable compared to the past year. Non Current Assets Total is likely to gain to about 1.4 B in 2024, whereas Other Current Assets are likely to drop slightly above 1.2 M in 2024.
The company currently holds 483.25 M in liabilities with Debt to Equity (D/E) ratio of 1.3, which is about average as compared to similar companies. Cars Inc has a current ratio of 1.59, which is within standard range for the sector. Debt can assist Cars until it has trouble settling it off, either with new capital or with free cash flow. So, Cars' shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Cars Inc sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Cars to invest in growth at high rates of return. When we think about Cars' use of debt, we should always consider it together with cash and equity.

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Cars.com Inc. operates as a digital marketplace and provides solutions for the automotive industry. Cars.com Inc. was founded in 1998 and is based in Chicago, Illinois. Cars operates under Auto Truck Dealerships classification in the United States and is traded on New York Stock Exchange. It employs 1600 people. Cars Inc (CARS) is traded on New York Stock Exchange in USA. It is located in 300 S. Riverside Plaza, Chicago, IL, United States, 60606 and employs 1,700 people. Cars is listed under Interactive Media & Services category by Fama And French industry classification.

Management Performance

Cars Inc Leadership Team

Elected by the shareholders, the Cars' board of directors comprises two types of representatives: Cars inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Cars. The board's role is to monitor Cars' management team and ensure that shareholders' interests are well served. Cars' inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Cars' outside directors are responsible for providing unbiased perspectives on the board's policies.
John Clavadetscher, Chief Revenue Officer
Thomas Hale, Independent Director
Sonia Jain, Chief Financial Officer
Bryan Wiener, Additional Independent Director
Douglas Miller, President Officer
Mitch Golub, CoFounder
Jennifer Vianello, Chief Officer
Becky Sheehan, CFO
Greg Heidorn, Chief Officer
James Rogers, Chief Legal Officer
Matthew Gold, Chief Strategy Officer
Bala Subramanian, Non-Executive Director
Jenell Ross, Independent Director
Robbin MooreRandolph, Director Relations
Jandy Tomy, Vice President Investor Relations & Treasury
Jill Greenthal, Independent Director
Scott Forbes, Independent Chairman of the Board
Doug Miller, President, Chief Commercial Officer
Donald McGovern, Independent Director
Jeanette Tomy, Executive Treasurer
Jerri DeVard, Independent Director
William Swislow, CoFounder
Michael Kelly, Additional Independent Director
T Vetter, President, Chief Executive Officer, Director
Alex Vetter, President CEO, Director
Angelique Marks, Chief Secretary
Greg Revelle, Independent Director
Marita Thomas, Chief Officer

Cars Stock Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is Cars a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Cars in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Cars' short interest history, or implied volatility extrapolated from Cars options trading.

Pair Trading with Cars

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.

Moving together with Cars Stock

  0.76LMPX Lmp Automotive HoldingsPairCorr

Moving against Cars Stock

  0.55ACVA ACV Auctions Financial Report 8th of May 2024 PairCorr
  0.5CVNA Carvana TrendingPairCorr
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
When determining whether Cars Inc is a strong investment it is important to analyze Cars' competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Cars' future performance. For an informed investment choice regarding Cars Stock, refer to the following important reports:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Cars Inc. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in metropolitan statistical area.
You can also try the Odds Of Bankruptcy module to get analysis of equity chance of financial distress in the next 2 years.

Complementary 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.
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Is Cars' industry 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
(0.17)
Earnings Share
1.74
Revenue Per Share
10.326
Quarterly Revenue Growth
0.068
Return On Assets
0.0316
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.