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CarGurus Inc (CARG)
NASDAQ:CARG
Holding CARG?
Track your performance easily
CARG Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$18.72 - $37.89
Previous Close$34.81
Volume1.31M
Average Volume (3M)642.64K
Market Cap
$3.45B
Enterprise Value$3.39B
Total Cash (Recent Filing)$246.75M
Total Debt (Recent Filing)$188.79M
Price to Earnings (P/E)―
Beta1.37
Next Earnings
Feb 26, 2025EPS Estimate
$0.5Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)-0.47
Shares Outstanding103,368,880
10 Day Avg. Volume664,121
30 Day Avg. Volume642,637
Standard Deviation0.16
R-Squared0.27
Alpha-0.00815
Financial Highlights & Ratios
Price to Book (P/B)7.97
Price to Sales (P/S)3.93
Price to Cash Flow (P/CF)12.00
P/FCF Ratio21.40
Enterprise Value/Market CapN/A
Enterprise Value/Revenue3.81
Enterprise Value/Gross Profit5.20
Enterprise Value/Ebitda-157.87
Forecast
1Y Price Target
$37.43Price Target Upside7.53% Upside
Rating ConsensusStrong Buy
Number of Analyst Covering8
CarGurus News
Bulls Say, Bears Say
Bulls Say
Financial PerformanceCarGurus, Inc. delivered solid 2Q results, beating consensus estimates on both the top and bottom lines.
Marketplace GrowthCarGurus's automotive marketplace has evolved materially over the past few years towards a transaction-enabled marketplace providing a full lifecycle of solutions for dealer customers.
Product DevelopmentCARG continues to strategically expand and tweak its product suite, including recent updates to its search result page marketing tool, Highlight, alongside web and mobile app enhancements.
Bears Say
Earnings GrowthAn increase in earnings growth is needed to drive multiple expansion.
Management GuidanceOne minor disappointment was management continues to be noncommittal about a return to growth at CarOffer.
Wholesale GrowthA return to growth in wholesale continues to be an unknown.
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Ownership Overview
15.97% Insiders
29.23% Mutual Funds
2.75% Other Institutional Investors
26.41% Public Companies and
Individual Investors
Risk Analysis
Main Risk Category
Finance & CorporateFinancial and accounting risks. Risks related to the execution of corporate activity and strategy
Website Traffic
The estimated number of people who visited one or more of the websites owned by CarGurus
Desktop Users
Mobile Users
CARG FAQ
What was CarGurus Inc’s price range in the past 12 months?
CarGurus Inc lowest stock price was $18.72 and its highest was $37.89 in the past 12 months.
What is CarGurus Inc’s market cap?
Currently, no data Available
When is CarGurus Inc’s upcoming earnings report date?
CarGurus Inc’s upcoming earnings report date is Feb 26, 2025 which is in 108 days.
How were CarGurus Inc’s earnings last quarter?
CarGurus Inc released its earnings results on Nov 07, 2024. The company reported $0.45 earnings per share for the quarter, beating the consensus estimate of $0.426 by $0.024.
Is CarGurus Inc overvalued?
According to Wall Street analysts CarGurus Inc’s price is currently Undervalued.
Does CarGurus Inc pay dividends?
CarGurus Inc does not currently pay dividends.
What is CarGurus Inc’s EPS estimate?
CarGurus Inc’s EPS estimate is $0.5.
How many shares outstanding does CarGurus Inc have?
CarGurus Inc has 87,369,705 shares outstanding.
What happened to CarGurus Inc’s price movement after its last earnings report?
CarGurus Inc reported an EPS of $0.45 in its last earnings report, beating expectations of $0.426. Following the earnings report the stock price went up 4.347%.
Which hedge fund is a major shareholder of CarGurus Inc?
Among the largest hedge funds holding CarGurus Inc’s share is Par Capital Management Inc. It holds CarGurus Inc’s shares valued at 59M.
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CarGurus Stock Smart Score
Unlock Smart Score
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Analyst Consensus
Strong Buy
Average Price Target:
$37.43 (7.53% Upside)
$37.43 (7.53% Upside)
Blogger Sentiment
Bullish
CARG Sentiment 100%
Sector Average 66%
Sector Average 66%
Hedge Fund Trend
Increased
By 1.2M Shares
Last Quarter.
Last Quarter.
Insider Transactions
Sold Shares
Worth $311.2K over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Very Positive
Last 7 Days ▲ 12.6%
Last 30 Days ▲ 16.0%
Last 30 Days ▲ 16.0%
News Sentiment
Neutral
Bullish news 50%
Bearish news 50%
Bearish news 50%
Technicals
SMA
Positive
20 days / 200 days
Momentum
81.68%
12-Months-Change
Fundamentals
Return on Equity
-8.11%
Trailing 12-Months
Asset Growth
-25.80%
Trailing 12-Months
Company Description
CarGurus Inc
Cargurus, Inc. engages in the provision of online auto shopping. It offers proprietary technology, search algorithms, and innovative data analytics to analyze new and used car listings. The firm operates through the following segments: United States and International. The United States segment derives revenues from marketplace subscriptions, advertising services, and other revenues from customers within the United States. The International segment includes the revenues from marketplace subscriptions, advertising services, and other revenues from customers outside of the United States. The company was founded by Langley Steinert in 2006 and is headquartered in Cambridge, MA.
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CARG Company Deck
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CARG Earnings Call
Q3 2024
0:00 / 0:00
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CARG Stock 12 Month Forecast
Average Price Target
$37.43
▲(7.53% Upside)
Technical Analysis
Best Analysts Covering CARG
1 Year
1 Year Success Rate
17/24 ratings generated profit
1 Year Average Return
+12.45%
reiterated a buy rating 2 days ago
Copying Jed Kelly's trades and holding each position for 1 Year would result in 70.83% of your transactions generating a profit, with an average return of +12.45% per trade.
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