NASDAQ:CARG CarGurus (CARG) Stock Price, News & Analysis → Altcoin FRENZY Alert… (From Crypto 101 Media) (Ad) Free CARG Stock Alerts $23.08 +0.08 (+0.35%) (As of 03/28/2024 ET) Add Compare Share Share Today's Range$22.95▼$23.3750-Day Range$21.85▼$23.9652-Week Range$15.34▼$24.64Volume755,857 shsAverage Volume1.08 million shsMarket Capitalization$2.48 billionP/E Ratio128.22Dividend 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 Buy2.63 Rating ScoreUpside/Downside7.9% Upside$24.90 Price TargetShort InterestBearish10.86% of Float Sold ShortDividend StrengthN/ASustainability-3.32Upright™ Environmental ScoreNews Sentiment0.57Based on 6 Articles This WeekInsider TradingSelling Shares$2.05 M Sold Last QuarterProj. Earnings Growth17.02%From $0.94 to $1.10 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.2.26 out of 5 starsAuto/Tires/Trucks Sector50th out of 79 stocksData Processing & Preparation Industry35th out of 55 stocks 1.3 Analyst's Opinion Consensus RatingCarGurus has received a consensus rating of Moderate Buy. The company's average rating score is 2.63, and is based on 5 buy ratings, 3 hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $24.90, CarGurus has a forecasted upside of 7.9% from its current price of $23.08.Amount of Analyst CoverageCarGurus has only been the subject of 3 research reports in the past 90 days. Previous Next 1.0 Short Interest Percentage of Shares Shorted10.86% of the float of CarGurus has been sold short.Short Interest Ratio / Days to CoverCarGurus has a short interest ratio ("days to cover") of 8.8.Change versus previous monthShort interest in CarGurus has recently increased by 14.59%, indicating that investor sentiment is decreasing significantly. 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 1.4 News and Social Media Coverage News SentimentCarGurus has a news sentiment score of 0.57. 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 6 news articles for CarGurus this week, compared to 7 articles on an average week.Search InterestOnly 2 people have searched for CARG on MarketBeat in the last 30 days. This is a decrease of -60% compared to the previous 30 days.MarketBeat FollowsOnly 2 people have added CarGurus to their MarketBeat watchlist in the last 30 days. This is a decrease of 0% compared to the previous 30 days. 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 $2,045,799.00 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 2.5 Earnings and Valuation Earnings GrowthEarnings for CarGurus are expected to grow by 17.02% in the coming year, from $0.94 to $1.10 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of CarGurus is 128.22, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 148.81.Price to Earnings Ratio vs. SectorThe P/E ratio of CarGurus is 128.22, 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 18.56.Price to Earnings Growth RatioCarGurus has a PEG Ratio of 1.41. PEG Ratios above 1 indicate that a company could be overvalued.Price to Book Value per Share RatioCarGurus has a P/B Ratio of 4.05. 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 WealthPressA lot of people are making this costly mistakeYou may have heard the saying “options are risky” … And, they can be. But only if you use them the way a lot of folks do. A lot of people think of BUYING speculative options when they talk about options. And BUYING low probability, speculative options is definitely risky… It’s how some folks leverage large sums of money hoping that a stock moves in the “right” direction over a certain period of time. Click here to jump in on the next one 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 HeadlinesMarch 20, 2024 | insidertrades.comCarGurus, Inc. (NASDAQ:CARG) CMO Sells $238,526.88 in StockFebruary 29, 2024 | marketbeat.comCarGurus Stock is Set for a Rally This Quarter, Above all PeersSome businesses could soon see the bullish side effects of a resilient consumer amongst the pretext of potential interest rate cuts coming this year from the FED. According to the FedWatch tool at the CME Group NASDAQ: CME, these pivots could be coming as soon as May of this year.March 29, 2024 | Crypto 101 Media (Ad)SHOCKING Crypto Leak…A shocking leak has revealed tech giant Microsoft's plans to add crypto support to future products. If the plans in these leaked internal documents pan out, we could see prices skyrocket for Bitcoin, Ethereum, XRP and MORE… The coupling of gaming and cryptocurrency could absolutely transform digital finance as we know it in 2024. February 29, 2024 | marketbeat.comCarGurus Stock is Set for a Rally This Quarter, Above all Peers (CARG)The car market is soon to see a boom in demand, and most market participants are betting on CarGurus to be the one to come out on top of it all, here's why.March 28, 2024 | finance.yahoo.comCarGurus (CARG) Increased on Accelerated Marketplace GrowthMarch 25, 2024 | globenewswire.comCarGurus Study Reveals Shifting Consumer Preferences as Automotive Landscape Evolves and Costs Remain ElevatedMarch 21, 2024 | investing.comCarGurus CMO sells over $238k in company stockMarch 21, 2024 | americanbankingnews.comCarGurus, Inc. (NASDAQ:CARG) CMO Dafna Sarnoff Sells 10,573 SharesMarch 29, 2024 | Crypto 101 Media (Ad)SHOCKING Crypto Leak…A shocking leak has revealed tech giant Microsoft's plans to add crypto support to future products. If the plans in these leaked internal documents pan out, we could see prices skyrocket for Bitcoin, Ethereum, XRP and MORE… The coupling of gaming and cryptocurrency could absolutely transform digital finance as we know it in 2024. March 20, 2024 | americanbankingnews.comInsider Selling: CarGurus, Inc. (NASDAQ:CARG) COO Sells 17,668 Shares of StockMarch 19, 2024 | finance.yahoo.comCarGurus Inc (CARG) Chief Marketing Officer Dafna Sarnoff Sells Company SharesMarch 19, 2024 | msn.comCar Companies Cutting EV Prices as They Try To Compete With TeslaMarch 19, 2024 | americanbankingnews.comCarGurus (NASDAQ:CARG) Price Target Raised to $27.00March 16, 2024 | finance.yahoo.comCARG Apr 2024 19.000 putMarch 16, 2024 | finance.yahoo.comCARG Apr 2024 21.000 callMarch 16, 2024 | finance.yahoo.comCARG Apr 2024 18.000 putMarch 15, 2024 | markets.businessinsider.comExpert Outlook: CarGurus Through The Eyes Of 4 AnalystsMarch 13, 2024 | ca.news.yahoo.comGloucester crash: Man and woman taken to hospitalMarch 13, 2024 | yahoo.com'Highway 36 has always been problematic': Callahan Co. residents push for safety enhancements after multiple wrecksMarch 12, 2024 | thestreet.comThe Tesla Cybertruck 'blacklist' is real, and has claimed a victim, owner saysMarch 12, 2024 | yahoo.com5 killed, including 3 students, in Illinois school bus crashMarch 12, 2024 | msn.comSaying 'China is watching,' US spy chiefs plead for Ukraine aidMarch 12, 2024 | yahoo.comAvalanche in Japan kills two skiers and injures one personMarch 12, 2024 | msn.comNew electric vehicle prices are falling as EV inventory levels increaseMarch 11, 2024 | msn.comInside Copley Square's 1st major facelift in decades: What to expectMarch 11, 2024 | msn.comSeafood chain opens first California location — and it’s in Sacramento. What’s on the menu?March 11, 2024 | yahoo.comThe best of the Oscars 2024 with Entertaiment tonightSee 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 Earnings2/26/2024Today3/29/2024Next Earnings (Estimated)5/14/2024Fiscal 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+7.9%Consensus RatingModerate Buy Rating Score (0-4)2.63 Research Coverage8 Analysts Profitability EPS (Most Recent Fiscal Year)$0.18 Trailing P/E Ratio128.22 Forward P/E Ratio24.55 P/E Growth1.41Net 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 / Sales2.71 Cash Flow$1.03 per share Price / Cash Flow22.38 Book Value$5.70 per share Price / Book4.05Miscellaneous Outstanding Shares107,440,000Free Float90,571,000Market Cap$2.48 billion OptionableOptionable Beta1.57 These 7 Stocks Will Be Magnificent in 2024With average gains of 150% since the start of 2023, now is the time to give these stocks a look and pump up your 2024 portfolio.Get This Free Report Key ExecutivesMr. E. Langley Steinert (Age 60)Founder & Executive Chairman Comp: $10kMr. Jason M. Trevisan (Age 49)CEO & Director Comp: $1MMr. Matthew Todd Quinn (Age 52)Chief Technology Officer Comp: $533.6kMs. Andrea Lee Eldridge (Age 49)Chief People Officer Comp: $505.76kMr. Samuel Zales (Age 60)COO & President Comp: $913.59kMs. Elisa Palazzo (Age 42)Chief Financial Officer, Principal Financial Officer & Principal Accounting Officer Ms. Kirndeep SinghVP & Head of Investor RelationsMr. Javier Zamora (Age 53)General Counsel & Corporate Secretary Brian KramerDirector of Public RelationsMs. Dafna Sarnoff (Age 60)Chief Marketing Officer Comp: $145.73kMore ExecutivesKey CompetitorsEVERTECNYSE:EVTCDriven BrandsNASDAQ:DRVNGarrett MotionNYSE:GTXLiveRampNYSE:RAMPQuantumScapeNYSE:QSView All CompetitorsInsiders & InstitutionsNomura Holdings Inc.Bought 17,048 shares on 3/27/2024Ownership: 0.016%PNC Financial Services Group Inc.Bought 2,568 shares on 3/22/2024Ownership: 0.005%Samuel ZalesSold 17,668 sharesTotal: $398,590.08 ($22.56/share)Dafna SarnoffSold 10,573 sharesTotal: $238,526.88 ($22.56/share)Vanguard Group Inc.Sold 133,889 shares on 3/11/2024Ownership: 9.392%View All Insider TransactionsView All Institutional Transactions CARG Stock Analysis - Frequently Asked Questions Should I buy or sell CarGurus stock right now? 8 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for CarGurus in the last year. There are currently 3 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? 8 Wall Street analysts have issued 12-month price targets for CarGurus' stock. 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 twelve months. This suggests a possible upside of 7.9% 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 stock has decreased by 4.5% and is now trading at $23.08. View the best growth stocks for 2024 here. Are investors shorting CarGurus? CarGurus saw a increase in short interest during the month of March. As of March 15th, there was short interest totaling 9,190,000 shares, an increase of 14.6% from the February 29th total of 8,020,000 shares. Based on an average daily volume of 1,040,000 shares, the short-interest ratio is currently 8.8 days. Currently, 10.9% of the shares of the stock are sold short. View CarGurus' Short Interest. When is CarGurus' next earnings date? The company is scheduled to release its next quarterly earnings announcement on Tuesday, May 14th 2024. View our CARG earnings forecast. How were CarGurus' earnings last quarter? CarGurus, Inc. (NASDAQ:CARG) announced its quarterly earnings data on Monday, February, 26th. The company reported $0.35 earnings per share (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 the consensus estimate of $220.05 million. CarGurus had a trailing twelve-month return on equity of 7.74% and a net margin of 3.40%. The firm's revenue for the quarter was down 22.2% compared to the same quarter last year. During the same period last year, the company earned $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), Invesco Next Gen Media and Gaming ETF (PBS), SPDR S&P Internet ETF (XWEB), Pacer US Small Cap Cash Cows Growth Leaders ETF (CAFG), WisdomTree Growth Leaders Fund (PLAT) and AdvisorShares Alpha DNA Equity Sentiment ETF (SENT).Global X Millennial Consumer ETF (MILN). 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 earnings per share (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 IPO on Thursday, October 12th 2017. The company issued 9,400,000 shares at a price of $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 Vanguard Group Inc. (8.99%), Vanguard Group Inc. (9.39%), Wellington Management Group LLP (5.31%), Foxhaven Asset Management LP (4.14%), The Manufacturers Life Insurance Company (2.32%) and Dimensional Fund Advisors LP (1.97%). 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 3/29/2024 by MarketBeat.com Staff From Our PartnersTrump’s “Tax Free” Retirement Strategy Gold Safe ExchangeDid You Get Your Free Bitcoin Yet?Crypto Swap ProfitsTop Project Outperforms BTC in 2023…Crypto 101 MediaMake This $3 Trade the Instant the Opening Bell RingsMonument Traders AllianceAI Cracks Open Largest Untapped Energy Reserve on EarthBanyan Hill PublishingThis AI Trade Machine Made 1,729%* (With 89% Wins)Prosper Trading Academy“The Stock Market’s Bull Run is Far from Over” -BarronsVertical Research AdvisoryAI healthcare stock poised for 36,996% growth?Behind the Markets 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: Your Password: or Sign in with Facebook Sign in with Google Forgot your password? Your Email Address: Choose a Password: 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.