NASDAQ:CARG CarGurus (CARG) Stock Price, News & Analysis → Biden replacement revealed? (From Paradigm Press) (Ad) Free CARG Stock Alerts $23.34 -0.13 (-0.55%) (As of 04/24/2024 ET) Add Compare Share Share Today's Range$23.16▼$23.5650-Day Range$21.22▼$23.8952-Week Range$15.34▼$24.64Volume611,445 shsAverage Volume989,492 shsMarket Capitalization$2.51 billionP/E Ratio129.67Dividend 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/Downside6.7% Upside$24.90 Price TargetShort InterestHealthy8.65% of Float Sold ShortDividend StrengthN/ASustainability-3.32Upright™ Environmental ScoreNews Sentiment0.43Based on 11 Articles This WeekInsider TradingSelling Shares$2.52 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.3.11 out of 5 starsAuto/Tires/Trucks Sector36th out of 81 stocksData Processing & Preparation Industry22nd out of 61 stocks 1.3 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 3.0 Short Interest Percentage of Shares Shorted8.65% of the float of CarGurus has been sold short.Short Interest Ratio / Days to CoverCarGurus has a short interest ratio ("days to cover") of 7.Change versus previous monthShort interest in CarGurus has recently decreased by 20.24%, indicating that investor sentiment is improving 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 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 0.28 average news sentiment score 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.Search InterestOnly 1 people have searched for CARG on MarketBeat in the last 30 days. This is a decrease of -80% 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 $2,523,342.00 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 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 129.67, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 142.13.Price to Earnings Ratio vs. SectorThe P/E ratio of CarGurus is 129.67, 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 13.51.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 4.09. 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 Stansberry ResearchGlobal crypto currency reset (41 major banks signed up)Behind closed doors, at least 41 major US banks have signed up to a strange new crypto project... Here's everything you need to know. 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 StockApril 24, 2024 | Crypto Swap Profits (Ad)Claim Your Complimentary Bitcoin RewardMany have already secured their free Bitcoin reward offered by our esteemed guest. How about you? In an effort to spread the word about our upcoming workshop, he's generously offering $10 in Bitcoin (BTC) to participants. Absolutely no strings attached.April 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 19, 2024 | americanbankingnews.comSamuel Zales Sells 17,668 Shares of CarGurus, Inc. (NASDAQ:CARG) StockApril 19, 2024 | americanbankingnews.comCarGurus (NASDAQ:CARG) & EVmo (OTCMKTS:YAYO) Head-To-Head ComparisonApril 18, 2024 | globenewswire.comCarGurus To Report First Quarter 2024 Financial ResultsApril 24, 2024 | Crypto Swap Profits (Ad)Claim Your Complimentary Bitcoin RewardMany have already secured their free Bitcoin reward offered by our esteemed guest. How about you? 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Absolutely no strings attached.April 18, 2024 | americanbankingnews.comCarGurus' (CARG) "Market Perform" Rating Reaffirmed at JMP SecuritiesApril 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 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 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 TeslaSee 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 Earnings2/26/2024Today4/24/2024Next 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+6.6%Consensus RatingModerate Buy Rating Score (0-4)2.56 Research Coverage9 Analysts Profitability EPS (Most Recent Fiscal Year)$0.18 Trailing P/E Ratio129.72 Forward P/E Ratio24.84 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 / Sales2.74 Cash Flow$1.07 per share Price / Cash Flow21.85 Book Value$5.70 per share Price / Book4.10Miscellaneous Outstanding Shares107,440,000Free Float90,571,000Market Cap$2.51 billion OptionableOptionable Beta1.58 13 Stocks Institutional Investors Won't Stop BuyingWhich stocks are major institutional investors including hedge funds and endowments buying in today's market? Click the link below and we'll send you MarketBeat's list of thirteen stocks that institutional investors are buying up as quickly as they can.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:DRVNAdientNYSE:ADNTPolestar Automotive Holding UKNASDAQ:PSNYDorman ProductsNASDAQ:DORMView All CompetitorsInsiders & InstitutionsLouisiana State Employees Retirement SystemSold 500 shares on 4/23/2024Ownership: 0.039%Raymond James & AssociatesBought 71,173 shares on 4/22/2024Ownership: 0.487%State of Alaska Department of RevenueSold 515 shares on 4/19/2024Ownership: 0.049%Allspring Global Investments Holdings LLCBought 1,904 shares on 4/18/2024Ownership: 0.275%Cullinan Associates Inc.Sold 20,800 shares on 4/18/2024Ownership: 0.034%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 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 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 Wall Street analysts have issued 12 month price objectives for CarGurus' stock. Their CARG share price targets range from $15.00 to $30.00. On average, they expect the company's stock price to reach $24.90 in the next twelve months. This suggests a possible upside of 6.7% 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 beginning of 2024. Since then, CARG stock has decreased by 3.4% and is now trading at $23.34. 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 trading volume of 1,050,000 shares, the short-interest ratio is presently 7.0 days. Approximately 8.7% of the shares of the company 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 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 quarterly earnings data on Monday, February, 26th. The company reported $0.35 earnings per share for the quarter, beating analysts' consensus estimates of $0.34 by $0.01. The company had revenue of $223.12 million for the quarter, compared to analysts' expectations of $220.05 million. CarGurus had a trailing twelve-month return on equity of 7.74% and a net margin of 3.40%. The business's revenue for the quarter was down 22.2% on a year-over-year basis. During the same quarter 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), 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 earnings per share 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 served 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%), Allspring Global Investments Holdings LLC (0.28%), State of Alaska Department of Revenue (0.05%), Louisiana State Employees Retirement System (0.04%), Cullinan Associates Inc. (0.03%) and Los Angeles Capital Management LLC (0.03%). 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. 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