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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$21.18 - $39.10
Previous Close$36.54
Volume311.99K
Average Volume (3M)603.49K
Market Cap
$3.79B
Enterprise Value$3.73B
Total Cash (Recent Filing)$246.75M
Total Debt (Recent Filing)$188.79M
Price to Earnings (P/E)―
Beta1.53
Next Earnings
Feb 26, 2025EPS Estimate
$0.52Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)-0.47
Shares Outstanding103,708,034
10 Day Avg. Volume693,807
30 Day Avg. Volume603,491
Standard Deviation0.16
R-Squared0.28
Alpha-0.00855
Financial Highlights & Ratios
PEG RatioN/A
Price to Book (P/B)7.84
Price to Sales (P/S)4.26
Price to Cash Flow (P/CF)16.90
P/FCF Ratio22.90
Enterprise Value/Market CapN/A
Enterprise Value/Revenue4.20
Enterprise Value/Gross Profit5.73
Enterprise Value/Ebitda-173.75
Forecast
1Y Price Target
$41.44Price Target Upside13.41% 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
Currently, No data available
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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 $21.18 and its highest was $39.10 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 62 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 $0.52.
How many shares outstanding does CarGurus Inc have?
CarGurus Inc has 87,950,800 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 80M.
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CarGurus Stock Smart Score
Unlock Smart Score
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Analyst Consensus
Strong Buy
Average Price Target:
$41.44 (13.41% Upside)
$41.44 (13.41% 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 ▲ 3.0%
Last 30 Days ▲ 4.6%
Last 30 Days ▲ 4.6%
News Sentiment
Neutral
Bullish news 50%
Bearish news 50%
Bearish news 50%
Technicals
SMA
Positive
20 days / 200 days
Momentum
50.86%
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
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
$41.44
▲(13.41% Upside)
Technical Analysis
Best Analysts Covering CARG
1 Year
1 Year Success Rate
18/24 ratings generated profit
1 Year Average Return
+13.52%
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 +13.52% per trade.
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