Cargurus, Inc. (CARG)
| Market Cap | 4.07B |
| Revenue (ttm) | 688.14M |
| Net Income (ttm) | 108.14M |
| Shares Out | 117.12M |
| EPS (ttm) | 0.93 |
| PE Ratio | 37.31 |
| Forward PE | 25.45 |
| Dividend | n/a |
| Ex-Dividend Date | n/a |
| Volume | 723,612 |
| Open | 35.55 |
| Previous Close | 35.06 |
| Day's Range | 34.30 - 35.55 |
| 52-Week Range | 19.24 - 36.54 |
| Beta | 1.83 |
| Analysts | Buy |
| Price Target | 38.17 (+10.1%) |
| Est. Earnings Date | Nov 4, 2021 |
About CARG
CarGurus, Inc. operates an online automotive marketplace connecting buyers and sellers of new and used cars in the United States and internationally. The company provides consumers an online automotive marketplace where they can search for new and used car listings from its dealers, as well as sell their car in the United States marketplace. Its marketplace connects dealers to a large audience of informed and engaged consumers. The company operates online marketplaces under the CarGurus brand in Canada and the United Kingdom; and the Autolist a...
Financial Performance
In 2020, Cargurus's revenue was $551.45 million, a decrease of -6.36% compared to the previous year's $588.92 million. Earnings were $77.55 million, an increase of 84.01%.
Financial StatementsAnalyst Forecast
According to 14 analysts, the average rating for Cargurus stock is "Buy." The 12-month stock price forecast is 38.17, which is an increase of 10.13% from the latest price.
News
CarGurus™ Instant Max Cash Offer Expands to Cover Nearly Half of the U.S. Population
Rollout Gives Consumers Access to Highly Competitive Offers, While Opening Up Fresh Used Inventory to Dealers Rollout Gives Consumers Access to Highly Competitive Offers, While Opening Up Fresh Used Inv...
CarGurus' Latest Digital Retail Capabilities Spotlighted in New Brand Creative
“Do More From Home” Campaign Shows How CarGurus Instills Confidence in Vehicle Transactions “Do More From Home” Campaign Shows How CarGurus Instills Confidence in Vehicle Transactions
GPC or CARG: Which Is the Better Value Stock Right Now?
GPC vs. CARG: Which Stock Is the Better Value Option?
CarGurus Announces 3rd Annual Navigate Conference
Inspiring Sessions and a Diverse Agenda Headline Virtual Event for Dealers Inspiring Sessions and a Diverse Agenda Headline Virtual Event for Dealers
CarGurus™ Instant Max Cash Offer Rolls Out to Five More States
Feature Gives Dealers Competitive Used Inventory Acquisition Channel; Consumers Drawn to Digital Process Feature Gives Dealers Competitive Used Inventory Acquisition Channel; Consumers Drawn to Digital ...
CarGurus to Present at Upcoming Conferences
CAMBRIDGE, Mass., Sept. 02, 2021 (GLOBE NEWSWIRE) -- CarGurus, Inc. (Nasdaq: CARG), a multinational, online automotive platform for buying and selling vehicles, today announced that Jason Trevisan, Chie...
CarGurus (CARG) Now Trades Above Golden Cross: Time to Buy?
Should investors be excited or worried when a stock's 50 -day simple moving average crosses above the 200-day simple moving average?
CarGurus (CARG): Strong Industry, Solid Earnings Estimate Revisions
CarGurus (CARG) has seen solid earnings estimate revision activity over the past month, and belongs to a strong industry as well.
Should you invest in CarGurus shares after an upgrade from RBC?
On Thursday, CarGurus Inc. (NASDAQ:CARG) shares surged more than 4% after RBC Capital Markets analysts upgraded the stock from sector-perform (neutral) to outperform (buy). Analyst Brad Erickson cited C...
CarGurus Announces 2021 Best Used Car Awards
Program Identifies Best Used Vehicles Across Ten Body Style Categories; Mazda CX-5 Earns Editor's Choice as 2021's Best Overall Used Vehicle Program Identifies Best Used Vehicles Across Ten Body Style C...
Demand for cars is high, but supply is still constrained
CarGurus CEO Jason Trevisan joins The Exchange to discuss his company's recent earnings report and recent trends in car shopping. The company's Q2 earnings report was stronger than expected due to a hig...
CarGurus (CARG) Tops Q2 Earnings and Revenue Estimates
CarGurus (CARG) delivered earnings and revenue surprises of 70.83% and 14.60%, respectively, for the quarter ended June 2021. Do the numbers hold clues to what lies ahead for the stock?
Recap: CarGurus Q2 Earnings
Shares of CarGurus (NASDAQ:CARG) rose in after-market trading after the company reported Q2 results. Quarterly Results Earnings per share rose 115.79% over the past year to $0.41, which beat the estimat...
CarGurus Announces Second Quarter 2021 Results
Second Quarter Highlights:
3 Stocks Insiders Are Buying
When insiders purchase shares, it indicates their confidence in the company's prospects or that they view the stock as a bargain. Either way, this signals an opportunity to go long on the stock.
CarGurus Launches Tool To Bring Dealers, Buyers Together
Car dealers need used vehicles. Car buyers want to sell, but they're not crazy about walking into a dealership.
Consumers Can Sell Vehicles 100% Online with CarGurus Instant Max Cash Offer
Dealerships Gain Digital Inventory Acquisition Channel to Tackle Industry Shortages Dealerships Gain Digital Inventory Acquisition Channel to Tackle Industry Shortages
CarGurus Launches New Service To Connect Used Car Owners And Dealers
CarGurus' data shows the average used vehicle price exceeded $28,269 in June, up 38.6% from a year earlier, while the average new vehicle sold for just under $42,000 in June, or 11.2% than a year earlier.
CarGurus to Report Second Quarter 2021 Financial Results
CAMBRIDGE, Mass., July 19, 2021 (GLOBE NEWSWIRE) -- CarGurus, Inc. (Nasdaq: CARG), a leading global online automotive marketplace, announced it will issue a press release reporting financial results for...
CarGurus Launches New TV Campaign in Canada, Putting Car Buying Confidence in the Limelight
Creative work highlights transparent experience, allowing car shoppers to find great deals Creative work highlights transparent experience, allowing car shoppers to find great deals
CarGurus Study Finds Over a Third of Canadian Car Shoppers Hope to Own an Autonomous Vehicle in Next Decade
Comfort with self-driving technology grows, but hesitations around safety and cost remain Comfort with self-driving technology grows, but hesitations around safety and cost remain
CarGurus, Inc. Appoints Yvonne Hao to Board of Directors
Former PillPack Senior Executive Brings Strategic Operational Expertise to Automotive Marketplace Former PillPack Senior Executive Brings Strategic Operational Expertise to Automotive Marketplace
CarGurus to Present at William Blair's 41st Annual Growth Stock Conference
CAMBRIDGE, Mass., May 25, 2021 (GLOBE NEWSWIRE) -- CarGurus, Inc. (Nasdaq: CARG), a leading global online automotive marketplace, announced that Jason Trevisan, Chief Executive Officer and Scot Fredo, C...
CarOffer's Dealer Enrollments Soar as its Instant Used Vehicle Trading Platform Provides Much Needed Inventory Supply
More than 1,400 New Dealer Enrollments in March and April; Scott Johnston Named Chief Operating Officer More than 1,400 New Dealer Enrollments in March and April; Scott Johnston Named Chief Operating Of...