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Cargurus (CARG)
:CARG
Holding CARG?
Track your performance easily
CARG Stock Chart & Stats
Day’s Range― - ―
52-Week Range$21.18 - $39.10
Previous CloseN/A
Volume136.05K
Average Volume (3M)677.80K
Market Cap
$3.90B
Enterprise Value$3.09B
Total Cash (Recent Filing)$74.25M
Total Debt (Recent Filing)N/A
Price to Earnings (P/E)―
Beta1.49
Next Earnings
Feb 26, 2025EPS Estimate
0.52Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)-0.47
Shares Outstanding87,950,800
10 Day Avg. Volume761,333
30 Day Avg. Volume677,797
Standard Deviation0.16
R-Squared0.29
Alpha-0.00582
Financial Highlights & Ratios
PEG RatioN/A
Price to Book (P/B)N/A
Price to Sales (P/S)4.39
Price to Cash Flow (P/CF)17.40
P/FCF Ratio23.60
Enterprise Value/Market Cap0.79
Enterprise Value/Revenue3.48
Enterprise Value/Gross Profit4.75
Enterprise Value/Ebitda-144.02
Forecast
1Y Price Target
$42.11Price Target Upside11.85% Upside
Rating ConsensusStrong Buy
Number of Analyst Covering10
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
15.81% Insiders
28.82% Mutual Funds
0.32% Other Institutional Investors
29.37% 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’s price range in the past 12 months?
Cargurus lowest stock price was $21.18 and its highest was $39.10 in the past 12 months.
What is Cargurus’s market cap?
Cargurus’s market cap is $3.90B.
When is Cargurus’s upcoming earnings report date?
Cargurus’s upcoming earnings report date is Feb 26, 2025 which is in 39 days.
How were Cargurus’s earnings last quarter?
Cargurus 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 overvalued?
According to Wall Street analysts Cargurus’s price is currently Undervalued.
Does Cargurus pay dividends?
Cargurus does not currently pay dividends.
What is Cargurus’s EPS estimate?
Cargurus’s EPS estimate is 0.52.
How many shares outstanding does Cargurus have?
Cargurus has 87,950,800 shares outstanding.
What happened to Cargurus’s price movement after its last earnings report?
Cargurus 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?
Currently, no hedge funds are holding shares in CARG
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CarGurus Stock Smart Score
Unlock Smart Score
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Analyst Consensus
Strong Buy
Average Price Target:
$42.11 (11.85% Upside)
$42.11 (11.85% Upside)
Blogger Sentiment
Neutral
CARG Sentiment 50%
Sector Average 66%
Sector Average 66%
Hedge Fund Trend
Increased
By 440.2K Shares
Last Quarter.
Last Quarter.
Crowd Wisdom
Very Positive
Last 7 Days ▼ 3.1%
Last 30 Days ▲ 15.0%
Last 30 Days ▲ 15.0%
News Sentiment
Neutral
Bullish news 59%
Bearish news 100%
Bearish news 100%
Technicals
SMA
Positive
20 days / 200 days
Momentum
64.30%
12-Months-Change
Fundamentals
Return on Equity
-8.11%
Trailing 12-Months
Asset Growth
-25.80%
Trailing 12-Months
Company Description
Cargurus
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
Earnings Call Sentiment|Positive
The earnings call presented a strong performance in the Marketplace and international segments, with significant year-over-year growth in revenue and EBITDA margins. However, challenges persist in the wholesale and product revenue areas. The discontinuation of the CG Buy Online pilot indicates strategic shifts, but overall financial performance remains robust.Read More>---
CARG Stock 12 Month Forecast
Average Price Target
$42.11
▲(11.85% Upside)
Technical Analysis
Best Analysts Covering CARG
1 Year
1 Year Success Rate
18/24 ratings generated profit
1 Year Average Return
+13.16%
reiterated a buy rating 2 months ago
Copying Jed Kelly's trades and holding each position for 1 Year would result in 75.00% of your transactions generating a profit, with an average return of +13.16% per trade.
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