NASDAQ:CARG CarGurus (CARG) Stock Price, News & Analysis → The biggest energy story ever? (From Porter & Company) (Ad) Free CARG Stock Alerts $22.32 -0.14 (-0.62%) (As of 04:17 PM ET) Add Compare Share Share Today's Range$22.32▼$22.9850-Day Range$21.22▼$23.8952-Week Range$15.34▼$24.64Volume523,926 shsAverage Volume974,565 shsMarket Capitalization$2.40 billionP/E Ratio124.00Dividend YieldN/APrice Target$24.90 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSocial MediaSustainabilityStock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSocial MediaSustainability Get CarGurus alerts: Email Address CarGurus MarketRank™ Stock AnalysisAnalyst RatingModerate Buy2.56 Rating ScoreUpside/Downside10.9% Upside$24.90 Price TargetShort InterestBearish8.53% of Float Sold ShortDividend StrengthN/ASustainability-3.32Upright™ Environmental ScoreNews Sentiment0.43Based on 10 Articles This WeekInsider TradingSelling Shares$2.52 M Sold Last QuarterProj. Earnings Growth18.09%From $0.94 to $1.11 Per ShareSee Full Details Hide Full Details Overall MarketRank™New Rank-Based ScoringMarketRank™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.3.86 out of 5 starsConsumer Cyclical Sector17th out of 26 stocksAuto & Truck Dealerships Industry2nd out of 3 stocks 2.3 Analyst's Opinion Consensus RatingCarGurus has received a consensus rating of Moderate Buy. The company's average rating score is 2.56, and is based on 5 buy ratings, 4 hold ratings, and no sell ratings.Amount of Analyst CoverageCarGurus has only been the subject of 4 research reports in the past 90 days. Previous Next 2.0 Short Interest Percentage of Shares Shorted8.53% of the float of CarGurus has been sold short.Short Interest Ratio / Days to CoverCarGurus has a short interest ratio ("days to cover") of 6.7.Change versus previous monthShort interest in CarGurus has recently decreased by 1.77%, indicating that investor sentiment is improving. Previous Next 0.0 Dividend Strength Dividend YieldCarGurus does not currently pay a dividend.Dividend GrowthCarGurus does not have a long track record of dividend growth. Previous Next 0.8 Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreCarGurus has received a -62.31% net impact score from Upright. The largest negative impact of CarGurus in category "GHG emissions" seems to be driven mostly by its "Digital marketplaces for used cars", "Online retail of new diesel passenger cars", and "Online retail of new gasoline passenger cars" products. See details.Environmental SustainabilityThe Environmental Impact score for CarGurus is -3.32. Previous Next 2.5 News and Social Media Coverage News SentimentCarGurus has a news sentiment score of 0.43. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.31 average news sentiment score of Consumer Cyclical companies.News Coverage This WeekMarketBeat has tracked 10 news articles for CarGurus this week, compared to 7 articles on an average week. Previous Next 3.3 Company Ownership Insider Buying vs. Insider SellingIn the past three months, CarGurus insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $2,523,342.00 in company stock.Percentage Held by Insiders15.70% of the stock of CarGurus is held by insiders. A high percentage of insider ownership can be a sign of company health.Percentage Held by Institutions86.90% of the stock of CarGurus is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 3.1 Earnings and Valuation Earnings GrowthEarnings for CarGurus are expected to grow by 18.09% in the coming year, from $0.94 to $1.11 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of CarGurus is 124.72, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 140.47.Price to Earnings Ratio vs. SectorThe P/E ratio of CarGurus is 124.72, which means that it is trading at a less expensive P/E ratio than the Consumer Cyclical sector average P/E ratio of about 345.41.Price to Earnings Growth RatioCarGurus has a PEG Ratio of 1.38. PEG Ratios above 1 indicate that a company could be overvalued.Price to Book Value per Share RatioCarGurus has a P/B Ratio of 3.94. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here Ad Porter & CompanyTrump just won 2024President Trump signed an executive order that ensures he’ll be remembered as one of America’s greatest Presidents. It was an Executive Order that received almost no media attention…For the full story, click here. About CarGurus Stock (NASDAQ:CARG)CarGurus, Inc. operates an online automotive platform for buying and selling vehicles in the United States and internationally. It operates through two segments, U.S. Marketplace and Digital Wholesale. The company provides an online automotive marketplace where customers can search for new and used car listings from its dealers and sell their car to dealers and other consumers; and paid listings subscriptions for enhanced access to its marketplace that connects dealers to a large audience of informed and engaged consumers. It also offers dealer and non-dealer advertising products for its websites and social media platforms. The company operates online marketplaces under the CarGurus brand in the United States, Canada, and the United Kingdom; Autolist and CarOffer brands in the United States; and PistonHeads brand in the United Kingdom. The company was formerly known as CarGurus LLC and changed its name to CarGurus, Inc. in June 2015. CarGurus, Inc. was founded in 2005 and is headquartered in Cambridge, Massachusetts.Read More CARG Stock Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart CARG Stock News HeadlinesApril 18, 2024 | insidertrades.comCarGurus, Inc. (NASDAQ:CARG) COO Sells $378,448.56 in StockApril 4, 2024 | insidertrades.comInsider Selling: CarGurus, Inc. (NASDAQ:CARG) CMO Sells 4,301 Shares of StockMay 1, 2024 | Paradigm Press (Ad)Biden replacement revealed?A former CIA insider just announced a disturbing prediction… Biden will withdraw as the Democrat nominee on June 13.April 30, 2024 | americanbankingnews.comCarGurus, Inc. (NASDAQ:CARG) Given Average Rating of "Moderate Buy" by AnalystsApril 29, 2024 | msn.com10 Dirt-Cheap Pontiac Muscle Cars On The Used Market TodayApril 26, 2024 | msn.comLego is coming to Boston. Here’s what its CEO has to say about why.April 26, 2024 | forbes.comStudy Shows Nearly Half Of All Electric Vehicles Are Now Cheaper To Own Than Gas-Powered ModelsApril 26, 2024 | yahoo.comJioCinema launches 35-cent premium tier, stepping up rivalry with Netflix and Prime VideoMay 1, 2024 | Paradigm Press (Ad)Biden replacement revealed?A former CIA insider just announced a disturbing prediction… Biden will withdraw as the Democrat nominee on June 13.April 26, 2024 | msn.comUsed Tesla Prices Experience Significant Drop Over Past YearApril 26, 2024 | msn.comReport: Here's how far used Tesla prices have fallen in the past yearApril 22, 2024 | msn.comThe Cheapest Classic Pontiacs For Sale This Week (April 22, 2024)April 20, 2024 | fool.com1 Unstoppable Stock That's Skyrocketed Nearly 1,400% Since the Start of 2023: Don't Buy and Hold Until You Know These 3 RisksApril 18, 2024 | globenewswire.comCarGurus To Report First Quarter 2024 Financial ResultsApril 17, 2024 | mirror.co.ukBest car for first-time drivers is the Toyota Aygo, according to researchApril 14, 2024 | finance.yahoo.comThe five-year shareholder returns and company earnings persist lower as CarGurus (NASDAQ:CARG) stock falls a further 4.2% in past weekApril 14, 2024 | seekingalpha.comCarGurus: Repositioned For GrowthApril 11, 2024 | msn.comA Look at the Stars of The Expendables' Car CollectionsApril 10, 2024 | msn.comIs it a good idea to upgrade to a newer used car?April 9, 2024 | msn.comUsed Car Prices Could Decline 14% as Inventory ReboundsApril 8, 2024 | msn.com2025 Porsche Taycan Review: Important Updates Increase DesirabilityApril 8, 2024 | finance.yahoo.comOnline Car Buying Market is Poised to Accelerate at CAGR of 12.58% to Reach USD 885.1 Billion By 2032: Astute AnalyticaApril 8, 2024 | globenewswire.comHope on the Horizon: CarGurus Q1 2024 Report Reveals Inventory and Demand are Rebounding as Prices ImproveApril 7, 2024 | forbes.comTesla Cybertruck Lands On Used Market — Many Virtually New, But That PriceApril 5, 2024 | investing.comCargurus CMO sells shares worth nearly $200kApril 4, 2024 | msn.comThe What and The When: 5 Steps to Sell Your Used Car for Top DollarMarch 28, 2024 | finance.yahoo.comCarGurus (CARG) Increased on Accelerated Marketplace GrowthSee More Headlines Receive CARG Stock News and Ratings via Email Sign-up to receive the latest news and ratings for CarGurus and its competitors with MarketBeat's FREE daily newsletter. Email Address Company Calendar Last Earnings2/26/2024Today5/01/2024Next Earnings (Confirmed)5/09/2024Fiscal Year End12/31/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNASDAQ SectorAuto/Tires/Trucks Industry Data processing & preparation Sub-IndustryN/A Current SymbolNASDAQ:CARG CUSIPN/A CIK1494259 Webwww.cargurus.com Phone(617) 354-0068FaxN/AEmployees1,343Year FoundedN/APrice Target and Rating Average Stock Price Target$24.90 High Stock Price Target$30.00 Low Stock Price Target$15.00 Potential Upside/Downside+10.9%Consensus RatingModerate Buy Rating Score (0-4)2.56 Research Coverage9 Analysts Profitability EPS (Most Recent Fiscal Year)$0.18 Trailing P/E Ratio124.78 Forward P/E Ratio23.89 P/E Growth1.38Net Income$31.10 million Net Margins3.40% Pretax Margin5.65% Return on Equity7.74% Return on Assets5.21% Debt Debt-to-Equity RatioN/A Current Ratio3.40 Quick Ratio3.39 Sales & Book Value Annual Sales$914.24 million Price / Sales2.64 Cash Flow$1.02 per share Price / Cash Flow22.07 Book Value$5.70 per share Price / Book3.94Miscellaneous Outstanding Shares107,440,000Free Float90,571,000Market Cap$2.41 billion OptionableOptionable Beta1.58 7 AI Stocks to Invest In: An Introduction to AI Investing For Self-Directed InvestorsAs the AI market heats up, investors who have a vision for artificial intelligence have the potential to see real returns. Learn about the industry as a whole as well as seven companies that are getting work done with the power of AI.Get This Free Report Key ExecutivesMr. E. Langley Steinert (Age 60)Founder & Executive Chairman Comp: $10kMr. Jason M. Trevisan (Age 49)CEO & Director Comp: $1.19MKey CompetitorsEVERTECNYSE:EVTCDriven BrandsNASDAQ:DRVNLCI IndustriesNYSE:LCIIGarrett MotionNYSE:GTXQuantumScapeNYSE:QSView All CompetitorsInsiders & InstitutionsMirae Asset Global Investments Co. Ltd.Sold 7,484 shares on 5/1/2024Ownership: 0.054%Baillie Gifford & Co.Sold 8,049 shares on 5/1/2024Ownership: 0.022%Principal Financial Group Inc.Sold 6,220 shares on 4/29/2024Ownership: 0.457%Yousif Capital Management LLCSold 7,471 shares on 4/26/2024Ownership: 0.036%New York State Teachers Retirement SystemSold 600 shares on 4/25/2024Ownership: 0.036%View All Insider TransactionsView All Institutional Transactions CARG Stock Analysis - Frequently Asked Questions Should I buy or sell CarGurus stock right now? 9 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for CarGurus in the last year. There are currently 4 hold ratings and 5 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "moderate buy" CARG shares. View CARG analyst ratings or view top-rated stocks. What is CarGurus' stock price target for 2024? 9 brokerages have issued 1 year price objectives for CarGurus' shares. Their CARG share price targets range from $15.00 to $30.00. On average, they anticipate the company's share price to reach $24.90 in the next twelve months. This suggests a possible upside of 10.9% from the stock's current price. View analysts price targets for CARG or view top-rated stocks among Wall Street analysts. How have CARG shares performed in 2024? CarGurus' stock was trading at $24.16 on January 1st, 2024. Since then, CARG shares have decreased by 7.1% and is now trading at $22.45. View the best growth stocks for 2024 here. Are investors shorting CarGurus? CarGurus saw a drop in short interest in the month of March. As of March 31st, there was short interest totaling 7,330,000 shares, a drop of 20.2% from the March 15th total of 9,190,000 shares. Based on an average daily volume of 1,050,000 shares, the short-interest ratio is presently 7.0 days. Approximately 8.7% of the company's shares are short sold. View CarGurus' Short Interest. When is CarGurus' next earnings date? The company is scheduled to release its next quarterly earnings announcement on Thursday, May 9th 2024. View our CARG earnings forecast. How can I listen to CarGurus' earnings call? CarGurus will be holding an earnings conference call on Thursday, May 9th at 5:00 PM Eastern. Interested parties can register for or listen to the call using this link or dial in at 412-317-6671 with passcode "13745030". How were CarGurus' earnings last quarter? CarGurus, Inc. (NASDAQ:CARG) announced its earnings results on Monday, February, 26th. The company reported $0.35 EPS for the quarter, topping analysts' consensus estimates of $0.34 by $0.01. The firm earned $223.12 million during the quarter, compared to analyst estimates of $220.05 million. CarGurus had a net margin of 3.40% and a trailing twelve-month return on equity of 7.74%. The firm's quarterly revenue was down 22.2% compared to the same quarter last year. During the same period in the previous year, the company posted $0.25 earnings per share. What ETFs hold CarGurus' stock? ETFs with the largest weight of CarGurus (NASDAQ:CARG) stock in their portfolio include Invesco S&P SmallCap Utilities & Communication Services ETF (PSCU), SPDR S&P Internet ETF (XWEB), WisdomTree Growth Leaders Fund (PLAT), AdvisorShares Alpha DNA Equity Sentiment ETF (SENT), Invesco S&P SmallCap Quality ETF (XSHQ), Invesco S&P SmallCap 600 Pure Growth ETF (RZG), Hartford Longevity Economy ETF (HLGE) and John Hancock Fundamental All Cap Core ETF (JHAC). What guidance has CarGurus issued on next quarter's earnings? CarGurus updated its first quarter 2024 earnings guidance on Tuesday, February, 27th. The company provided EPS guidance of 0.240-0.290 for the period, compared to the consensus earnings per share estimate of 0.310. The company issued revenue guidance of $201.0 million-$221.0 million, compared to the consensus revenue estimate of $235.7 million. What is Jason Trevisan's approval rating as CarGurus' CEO? 56 employees have rated CarGurus Chief Executive Officer Jason Trevisan on Glassdoor.com. Jason Trevisan has an approval rating of 80% among the company's employees. 81.0% of employees surveyed would recommend working at CarGurus to a friend. What other stocks do shareholders of CarGurus own? Based on aggregate information from My MarketBeat watchlists, some companies that other CarGurus investors own include Twilio (TWLO), Bank of America (BAC), Tesla (TSLA), Micron Technology (MU), Netflix (NFLX), Roku (ROKU), NVIDIA (NVDA), Intelsat (I), Altria Group (MO) and Shopify (SHOP). When did CarGurus IPO? CarGurus (CARG) raised $132 million in an initial public offering on Thursday, October 12th 2017. The company issued 9,400,000 shares at $13.00-$15.00 per share. Goldman Sachs, Allen & Company and RBC Capital Markets acted as the underwriters for the IPO and JMP Securities, Raymond James and William Blair were co-managers. Who are CarGurus' major shareholders? CarGurus' stock is owned by a number of retail and institutional investors. Top institutional shareholders include Raymond James & Associates (0.49%), Principal Financial Group Inc. (0.46%), Allspring Global Investments Holdings LLC (0.28%), Mirae Asset Global Investments Co. Ltd. (0.05%), State of Alaska Department of Revenue (0.05%) and Louisiana State Employees Retirement System (0.04%). Insiders that own company stock include Anastasios Parafestas, Andrea Lee Eldridge, Bin Zhou, Dafna Sarnoff, George M Lynch, Javier Esquivel Zamora, John G Connors, Kathleen Bender Patton, Langley Steinert, Larry M Hutchison, Peter Maag, Samuel Zales, Sarah Amory Welch, Scot Christopher Fredo, Scott T Mikuen, Thomas Michael Caputo and Yann Bruno Gellot. View institutional ownership trends. How do I buy shares of CarGurus? Shares of CARG stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. Compare Top Brokerages Here. This page (NASDAQ:CARG) was last updated on 5/1/2024 by MarketBeat.com Staff From Our Partners😱 This phenomenon is smashing regular market gainsMillPubDid You Get Your Free Bitcoin Yet?Crypto Swap ProfitsForget Bitcoin. Crypto Millionaire Predicts 8,788% Gains For THISParadigm PressPOTUS in ‘25 Not Biden/Trump, ButThe Freeport SocietyForget Nvidia. This is the future of AIPorter & CompanyForget AI, Imperium Is Expected to Grow 320,00% in 3 YearsBanyan Hill Publishing4 coins to be the “Next Bitcoin”True Market InsidersThe A.I. story nobody is telling you (Read ASAP)TradeSmith Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Adding CarGurus, Inc. 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