CarGurus Inc (CARG)
NASDAQ:CARG

CarGurus Stock Analysis & Ratings

CarGurus Stock Analysis Overview

Smart Score
9
Outperform
1
2
3
4
5
6
7
8
9
10
Learn more about TipRanks Smart Score
The CarGurus stock analysis is based on the TipRanks Smart Score which is derived from 8 unique data sets including Analyst recommendations, Crowd Wisdom, Hedge Fund Activity, Media Sentiment and multiple Technical stock factors. The Smart Score is a quantitative, data-driven rating system and does not include human intervention.

Stock Chart

CARG

CARG Stock Stats

Previous Close$29.91
Open$30.67
Bid0 x 0
Ask0 x 0
Today’s Range$29.56 - $31.12
52-Week Range$22.63 - $39.77
Volume682.07K
Average Volume1.06M
Market Cap$3.50B
Beta1.74
P/E Ratio33.7
EPS0.88
Earnings DateFeb 10, 2022

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.
Sector
Technology
Industry
Interactive Media
CEO
Jason Trevisan
Employees
827
Website
www.cargurus.com
ISIN
US1417881091
Address
2 Canal Park, Cambridge, MA, 02141, US

Financials


P/E Ratio Range

The price to earnings ratio. This is used by investors to assess a stock’s market price relative to its earnings.

CARG FAQ

What was CarGurus’s price range in the past 12 months?
CarGurus lowest stock price was $22.63 and its highest was $39.77 in the past 12 months.
    What is CarGurus’s market cap?
    CarGurus’s market cap is $3.50B.
      What is CarGurus’s price target?
      The average price target for CarGurus is $46.86. This is based on 7 Wall Streets Analysts 12-month price targets, issued in the past 3 months.
      The highest analyst price target is $63.00 ,the lowest forecast is $41.00. The average price target represents 57.41% Increase from the current price of $29.77.
        What do analysts say about CarGurus?
        CarGurus’s analyst rating consensus is a ‘Strong Buy. This is based on the ratings of 7 Wall Streets Analysts.
          When is CarGurus’s upcoming earnings report date?
          CarGurus’s upcoming earnings report date is Feb 10, 2022 which is in 14 days.
            How were CarGurus’s earnings last quarter?
            CarGurus released its earnings results on Nov 09, 2021. The company reported $0.38 earnings per share for the quarter, beating the consensus estimate of $0.333 by $0.047.
              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 for its next earnings report is not yet available.
                How many shares outstanding does CarGurus have?
                CarGurus has 117,680,000 shares outstanding.
                  What happened to CarGurus’s price movement after its last earnings report?
                  CarGurus reported an EPS of $0.38 in its last earnings report, beating expectations of $0.333. Following the earnings report the stock price went up 5.877%.
                    Which hedge fund is a major shareholder of CarGurus?
                    Among the largest hedge funds holding CarGurus’s share is Par Capital Management Inc. It holds CarGurus’s shares valued at 63M.

                      What's Included in PREMIUM?
                      Make informed decisions based on Top Analysts' activity
                      Know what industry insiders are buying
                      Get actionable alerts from top Wall Street Analysts
                      Find out before anyone else which stock is going to shoot up
                      Get powerful stock screeners & detailed portfolio analysis