Stocks
ETFs
Options
Commodities
Crypto
Currency
Pro Newsletters
Research Tools
Daily Feeds
Calendars
Economic Indicators
Class Actions
Calculators
Education
About Us
Working with TipRanks
Follow Us
CarGurus Inc (CARG)
NASDAQ:CARG
CARG Stock Chart & Stats
Day’s Range― - ―
52-Week Range$21.18 - $39.62
Previous CloseN/A
Volume136.05K
Average Volume (3M)695.57K
Market Cap
$4.04B
Enterprise Value$3.09B
Total Cash (Recent Filing)N/A
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. Volume837,036
30 Day Avg. Volume695,574
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)4.54
Price to Cash Flow (P/CF)18.00
P/FCF Ratio24.40
Enterprise Value/Market Cap0.77
Enterprise Value/RevenueN/A
Enterprise Value/Gross Profit4.75
Enterprise Value/Ebitda31.10
Forecast
1Y Price Target
$43.22Price Target Upside10.26% Upside
Rating ConsensusStrong Buy
Number of Analyst Covering10
---
Bulls Say, Bears Say
Bulls Say
Financial PerformanceCarGurus, Inc. reported solid 3Q24 results, beating consensus on both the top and bottom lines.
Growth And InnovationCarGurus, Inc. has undergone a notable innovation cycle, introducing new products and features aimed at enhancing the platform experience for both dealers and car buyers.
Market PositionCARG is winning dealer customer mindshare and walletshare compared to used auto marketplace peers.
Bears Say
Comparative EarningsCARG has industry leading ROIs, alternatively framed as underearning compared to their competitive set.
Short-term ExpectationsCarOffer expectations remain appropriately low in the near term.
Wholesale OfferingThe re-launch of CARG's wholesale offering is fluid, but the integration creates a compelling go-to-market pitch.
---
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 Inc’s price range in the past 12 months?
CarGurus Inc lowest stock price was $21.18 and its highest was $39.62 in the past 12 months.
What is CarGurus Inc’s market cap?
CarGurus Inc’s market cap is $4.04B.
When is CarGurus Inc’s upcoming earnings report date?
CarGurus Inc’s upcoming earnings report date is Feb 26, 2025 which is in 22 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?
Currently, no hedge funds are holding shares in CARG
---
CarGurus Stock Smart Score
Outperform
1
2
3
4
5
6
7
8
9
10
Analyst Consensus
Strong Buy
Average Price Target:
$43.22 (10.26% Upside)
$43.22 (10.26% Upside)
Blogger Sentiment
Neutral
CARG Sentiment 50%
Sector Average 65%
Sector Average 65%
Hedge Fund Trend
Increased
By 440.2K Shares
Last Quarter.
Last Quarter.
Crowd Wisdom
Very Negative
Last 7 Days ▼ 2.1%
Last 30 Days ▼ 2.1%
Last 30 Days ▼ 2.1%
News Sentiment
Neutral
Bullish news 50%
Bearish news 50%
Bearish news 50%
Technicals
SMA
Positive
20 days / 200 days
Momentum
71.04%
12-Months-Change
Fundamentals
Return on Equity
-8.86%
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.
---
CARG Company Deck
---
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
$43.22
▲(10.26% Upside)
Technical Analysis
Best Analysts Covering CARG
1 Year
1 Year Success Rate
18/24 ratings generated profit
1 Year Average Return
+15.18%
reiterated a buy rating 3 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 +15.18% per trade.
---