NASDAQ:CARG CarGurus (CARG) Stock Price, News & Analysis → Tech GIANT’s Plans to Revolutionize Crypto… (From Crypto 101 Media) (Ad) Free CARG Stock Alerts $22.61 -0.39 (-1.70%) (As of 05/7/2024 ET) Add Compare Share Share Today's Range$22.57▼$23.1150-Day Range$21.22▼$23.6452-Week Range$16.02▼$24.64Volume701,235 shsAverage Volume959,142 shsMarket Capitalization$2.43 billionP/E Ratio125.61Dividend 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/Downside10.1% Upside$24.90 Price TargetShort InterestBearish8.53% of Float Sold ShortDividend StrengthN/ASustainability-3.32Upright™ Environmental ScoreNews Sentiment0.29Based on 11 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.3.51 out of 5 starsAuto/Tires/Trucks Sector43rd out of 79 stocksData Processing & Preparation Industry24th out of 54 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.Read more about CarGurus' stock forecast and price target. 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 1.8 News and Social Media Coverage News SentimentCarGurus has a news sentiment score of 0.29. 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 news sentiment score is similar to the average news sentiment of Auto/Tires/Trucks companies.News Coverage This WeekMarketBeat has tracked 11 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.Read more about CarGurus' insider trading history. Previous Next 2.5 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 125.61, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 135.78.Price to Earnings Ratio vs. SectorThe P/E ratio of CarGurus is 125.61, which means that it is trading at a more expensive P/E ratio than the Auto/Tires/Trucks sector average P/E ratio of about 14.49.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 3.97. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.Read more about CarGurus' valuation and earnings. Previous Next See Top Rated MarketRank™ Stocks Here Ad Colonial MetalsConflict In Israel Sends Gold Soaring ???? Here’s How To Get Your ShareThe latest flare-up between Israel and Palestinian militants has sent gold prices surging. Why? Because savvy investors know the endgame of the elites at play… Geopolitical crises breed uncertainty — and gold thrives on uncertainty. See why the elites are pouring billions into gold. 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 StockMay 7, 2024 | msn.comManual cars may be near extinction in five years as new models halveMay 7, 2024 | Porter & Company (Ad)Elon to Transform U.S. Economy? A radical, potentially game-changing technology that threatens to destroy the trillion-dollar, “green energy” grift of the elites. And yet, while it threatens their wealth and power, it could be transformational for both the U.S. economy and your wealth.May 7, 2024 | msn.comManual cars may be near extinction in five years as the number of new models halvesMay 6, 2024 | msn.comYou Bought the House but Still Get Zillow Alerts: The Joy of Savoring a Good CallMay 4, 2024 | msn.com10 Turbocharged 4-Cylinder Cars Proven To Last 200,000 MilesMay 2, 2024 | americanbankingnews.comCarGurus (CARG) Scheduled to Post Quarterly Earnings on ThursdayMay 2, 2024 | americanbankingnews.comCarGurus, Inc. to Post FY2025 Earnings of $1.22 Per Share, B. Riley Forecasts (NASDAQ:CARG)May 7, 2024 | Porter & Company (Ad)Elon to Transform U.S. Economy? A radical, potentially game-changing technology that threatens to destroy the trillion-dollar, “green energy” grift of the elites. And yet, while it threatens their wealth and power, it could be transformational for both the U.S. economy and your wealth.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 VideoApril 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 AnalyticaSee 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 Earnings2/26/2024Today5/07/2024Next 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+10.1%Consensus RatingModerate Buy Rating Score (0-4)2.56 Research Coverage9 Analysts Profitability EPS (Most Recent Fiscal Year)$0.18 Trailing P/E Ratio125.61 Forward P/E Ratio24.05 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 / Sales2.66 Cash Flow$1.03 per share Price / Cash Flow21.97 Book Value$5.70 per share Price / Book3.97Miscellaneous Outstanding Shares107,440,000Free Float90,571,000Market Cap$2.43 billion OptionableOptionable Beta1.57 7 Stocks to Buy And Hold ForeverClick the link below and we'll send you MarketBeat's list of seven stocks and why their long-term outlooks are very promising. 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 & InstitutionsSwiss National BankBought 7,700 shares on 5/7/2024Ownership: 0.159%Sei Investments Co.Sold 8,284 shares on 5/7/2024Ownership: 0.059%Illinois Municipal Retirement FundSold 4,319 shares on 5/7/2024Ownership: 0.044%Leuthold Group LLCBought 7,552 shares on 5/6/2024Ownership: 0.153%Texas Permanent School Fund CorpBought 980 shares on 5/6/2024Ownership: 0.070%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 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 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 Wall Street analysts have issued 12-month target prices for CarGurus' shares. Their CARG share price targets range from $15.00 to $30.00. On average, they expect the company's share price to reach $24.90 in the next year. This suggests a possible upside of 10.1% 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 at the start of the year. Since then, CARG shares have decreased by 6.4% and is now trading at $22.61. View the best growth stocks for 2024 here. Are investors shorting CarGurus? CarGurus saw a decrease in short interest in the month of March. As of March 31st, there was short interest totaling 7,330,000 shares, a decrease of 20.2% from the March 15th total of 9,190,000 shares. Based on an average daily trading volume, of 1,050,000 shares, the short-interest ratio is currently 7.0 days. Currently, 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) released its quarterly earnings results on Monday, February, 26th. The company reported $0.35 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.34 by $0.01. The company 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 business's revenue was down 22.2% on a year-over-year basis. During the same period in the previous year, the company posted $0.25 EPS. 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 issued an update on its first quarter 2024 earnings guidance on Tuesday, February, 27th. The company provided earnings per share guidance of 0.240-0.290 for the period, compared to the consensus EPS 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 variety of retail and institutional investors. Top institutional shareholders include Raymond James & Associates (0.49%), Principal Financial Group Inc. (0.46%), Nordea Investment Management AB (0.29%), Allspring Global Investments Holdings LLC (0.28%), Swiss National Bank (0.16%) and Leuthold Group LLC (0.15%). 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 5/7/2024 by MarketBeat.com Staff From Our PartnersThe Department of Defense Has a New Drone ContractorThe Tomorrow InvestorTech GIANT’s Plans to Revolutionize Crypto…Crypto 101 MediaThe A.I. story nobody is telling you (Read ASAP)TradeSmithUrgent Nvidia WarningAltimetryThe asset beating inflation by 4xColonial MetalsThe 2024 Gold Rush: Unleashing Market PotentialPriority GoldHe Is Giving Away BitcoinCrypto Swap ProfitsObama’s Forever Term [exposed]Porter & Company 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. Please log in to your account or sign up in order to add this asset to your watchlist. Get 30 Days of MarketBeat All Access Free Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. Stock Ideas and Recommendations Get daily stock ideas from top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat's trending stocks report. Advanced Stock Screeners and Research Tools Identify stocks that meet your criteria using seven unique stock screeners. See what's happening in the market right now with MarketBeat's real-time news feed. Export data to Excel for your own analysis. Start Your 30-Day Free Trial Sign in to your free account to enjoy these benefits In-depth profiles and analysis for 20,000 public companies. Real-time analyst ratings, insider transactions, earnings data, and more. Our daily ratings and market update email newsletter. Sign in to your free account to enjoy all that MarketBeat has to offer. Sign In Create Account Your Email Address: Email Address Required Your Password: Password Required or Sign in with Facebook Sign in with Google Forgot your password? Your Email Address: Please enter your email address. Please enter a valid email address Choose a Password: Please enter your password. Your password must be at least 8 characters long and contain at least 1 number, 1 letter, and 1 special character. Create My Account (Free) or Sign in with Facebook Sign in with Google By creating a free account, you agree to our terms of service. This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.