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Cargurus, Inc. (CARG)

Stock Price: $29.29 USD 0.67 (2.34%)
Updated Jul 29, 2021 12:56 PM EDT - Market open
Market Cap 3.35B
Revenue (ttm) 565.13M
Net Income (ttm) 87.22M
Shares Out 116.32M
EPS (ttm) 0.76
PE Ratio 38.54
Forward PE 26.88
Dividend n/a
Dividend Yield n/a
Trading Day July 29
Last Price $29.29
Previous Close $28.62
Change ($) 0.67
Change (%) 2.34%
Day's Open 28.74
Day's Range 28.53 - 29.46
Day's Volume 246,215
52-Week Range 19.24 - 36.54

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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...

1 week ago - GlobeNewsWire

Creative work highlights transparent experience, allowing car shoppers to find great deals Creative work highlights transparent experience, allowing car shoppers to find great deals

4 weeks ago - GlobeNewsWire

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

1 month ago - GlobeNewsWire

Former PillPack Senior Executive Brings Strategic Operational Expertise to Automotive Marketplace Former PillPack Senior Executive Brings Strategic Operational Expertise to Automotive Marketplace

1 month ago - GlobeNewsWire

With the trading day more than halfway over, the markets were pushing higher yet again.

Other stocks mentioned: CMG, DKS, NVDA, AEO, ANF, EXPE
2 months ago - 24/7 Wall Street

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...

2 months ago - GlobeNewsWire

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...

2 months ago - GlobeNewsWire

Growth in average revenue per dealer and a strong U.S. market drove better-than-expected results.

2 months ago - The Motley Fool

CarGurus (CARG) delivered earnings and revenue surprises of 43.48% and 8.19%, respectively, for the quarter ended March 2021. Do the numbers hold clues to what lies ahead for the stock?

2 months ago - Zacks Investment Research

First Quarter Highlights:

2 months ago - GlobeNewsWire

CarGurus (CARG) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

2 months ago - Zacks Investment Research

Former Amazon Executive to Lead CarGurus' Growing Digital Retail Business Unit Former Amazon Executive to Lead CarGurus' Growing Digital Retail Business Unit

3 months ago - GlobeNewsWire

CarGurus, Inc. (CARG) could be a stock to avoid from a technical perspective, as the firm is seeing unfavorable trends on the moving average crossover front.

3 months ago - Zacks Investment Research

CAMBRIDGE, Mass., April 22, 2021 (GLOBE NEWSWIRE) -- CarGurus, Inc. (Nasdaq: CARG), a leading global online automotive marketplace, announced it will issue a press release reporting financial results fo...

3 months ago - GlobeNewsWire

‘CarGurus Convert' to Strengthen Dealerships' Digital Retail Capabilities ‘CarGurus Convert' to Strengthen Dealerships' Digital Retail Capabilities

3 months ago - GlobeNewsWire

A new CarGurus study finds consideration for battery electric vehicles spiking, but consumers will only buy under certain conditions. Plus, Tesla's EV dominance may be short lived.

3 months ago - Forbes

Tesla once again atop most trusted EV brand; but most shoppers open to others Tesla once again atop most trusted EV brand; but most shoppers open to others

3 months ago - GlobeNewsWire

CarGurus is an automotive research and shopping website which assists users in comparing listings for used and new cars, and contacting sellers. The stock fell by 1.6% in the last week.

4 months ago - Forbes

Dealerships with Highest Shopper Satisfaction Recognized by Leading Automotive Shopping Site Dealerships with Highest Shopper Satisfaction Recognized by Leading Automotive Shopping Site

4 months ago - GlobeNewsWire

Dealerships with Highest Shopper Satisfaction Recognized by Leading Automotive Shopping Site

4 months ago - GlobeNewsWire

A survey conducted by car buying and research website CarGurus, revealed shoppers enjoy being able to research and arrange financing online, but they want more information and transparency during their ...

4 months ago - Forbes

Final Trades: American Tower, Teradyne & more

YouTube video

The "Halftime Report" traders give their top picks to watch for the second half.

Other stocks mentioned: AMT, TER, LPX
5 months ago - CNBC Television

Earnings weren't bad, but they weren't great. Neither was the guidance.

5 months ago - The Motley Fool

With the trading day roughly halfway over, the broad markets were sliding into the weekend.

Other stocks mentioned: ABNB, DUK, H, RCL, ACB, CYBR, IRDM ...
5 months ago - 24/7 Wall Street

The newly installed CEO of CarGurus said Thursday (Feb. 11) the online automotive marketplace left 2020 with good momentum, citing increased subscription and average revenue rates from dealers. In deliv...

5 months ago - PYMNTS

CarGurus (CARG) delivered earnings and revenue surprises of 18.52% and 1.97%, respectively, for the quarter ended December 2020. Do the numbers hold clues to what lies ahead for the stock?

5 months ago - Zacks Investment Research

Fourth Quarter Highlights:

5 months ago - GlobeNewsWire

Among top growth stocks to watch is CarGurus as the IBD Stock Spotlight pick is approaching a new 35.24 buy point ahead of earnings next week. The post Growth Stocks To Buy And Watch: CarGurus Nears New...

5 months ago - Investors Business Daily

Consumers Can Now Compare Financing Rates and Visit the Dealership More Prepared to Purchase a Vehicle

6 months ago - GlobeNewsWire

CAMBRIDGE, Mass., Jan. 28, 2021 (GLOBE NEWSWIRE) -- CarGurus, Inc. (Nasdaq: CARG), a leading global online automotive marketplace, announced it will issue a press release reporting financial results for...

6 months ago - GlobeNewsWire

CarGurus Inc. said late Thursday that its board of directors has appointed Jason Trevisan as the company's chief executive, with founder Langley Steinert becoming executive chairman. Steinert will "rema...

6 months ago - Market Watch

CAMBRIDGE, Mass., Jan. 21, 2021 (GLOBE NEWSWIRE) -- CarGurus (Nasdaq: CARG), a leading global online automotive marketplace, today announced that its Board of Directors has appointed Jason Trevisan to t...

6 months ago - GlobeNewsWire

CAMBRIDGE, Mass., Jan. 14, 2021 (GLOBE NEWSWIRE) -- CarGurus (Nasdaq: CARG), a leading global online automotive marketplace, today announced it has completed the acquisition of a 51% interest in CarOffe...

6 months ago - GlobeNewsWire

CarGurus (CARG) saw a big move last session, as its shares jumped more than 5% on the day, amid huge volumes.

7 months ago - Zacks Investment Research

Online auto marketplace CarGurus.com has made a major play into whole vehicle sales with the purchase of a stake in CarOffer.

7 months ago - Forbes

Acquisition Will Fuel CarGurus' Platform Growth, With Expanded Capabilities To Help Dealers Buy and Sell Wholesale Inventory Acquisition Will Fuel CarGurus' Platform Growth, With Expanded Capabilities T...

7 months ago - GlobeNewsWire

Interest in Digital Retail is Up, While Public Transit and Ride Sharing are Down Interest in Digital Retail is Up, While Public Transit and Ride Sharing are Down

7 months ago - GlobeNewsWire

Interest in Digital Retail is Up, While Public Transit and Ride Sharing are Down Interest in Digital Retail is Up, While Public Transit and Ride Sharing are Down

7 months ago - GlobeNewsWire

The Covid-19 pandemic created a sort of pushmepullyou effect for auto sales in 2020 as financial concerns caused some consumers to delay or drop plans to buy a new vehicle, while others who had no plans...

7 months ago - Forbes

CAMBRIDGE, Mass., Dec. 03, 2020 (GLOBE NEWSWIRE) -- CarGurus, Inc. (Nasdaq: CARG), a leading global, online automotive marketplace, today announced that Jason Trevisan, Chief Financial Officer and Presi...

7 months ago - GlobeNewsWire

CarGurus (CARG) has seen solid earnings estimate revision activity over the past month, and belongs to a strong industry as well.

7 months ago - Zacks Investment Research

CarGurus, Inc. (CARG) CEO Langley Steinert on Q3 2020 Results - Earnings Call Transcript

8 months ago - Seeking Alpha

LONDON, Nov. 06, 2020 (GLOBE NEWSWIRE) -- CarGurus (Nasdaq: CARG), the fastest growing online automotive marketplace in the UK1, today announced it will waive December marketplace subscription fees for ...

8 months ago - GlobeNewsWire

CarGurus (CARG) delivered earnings and revenue surprises of 76.19% and 9.91%, respectively, for the quarter ended September 2020. Do the numbers hold clues to what lies ahead for the stock?

8 months ago - Zacks Investment Research

Online car marketplace CarGurus Inc. and auto pricing website TrueCar, Inc. reported quarterly results on Thursday, with shares of TrueCar falling nearly 9% after the company missed third-quarter sales ...

Other stocks mentioned: TRUE
8 months ago - Market Watch

A nalysis shows several bright spots for popular vehicle segment, but affordability concerns remain amid pandemic

9 months ago - GlobeNewsWire

CAMBRIDGE, Mass., Oct. 22, 2020 (GLOBE NEWSWIRE) -- CarGurus, Inc. (Nasdaq: CARG), a leading global online automotive marketplace, announced it will issue a press release reporting financial results for...

9 months ago - GlobeNewsWire

Premier Automotive Retail and Digital Marketing Event Will Explore New Strategies for Adapting to a Rapidly Changing Industry Premier Automotive Retail and Digital Marketing Event Will Explore New Strat...

9 months ago - GlobeNewsWire

CarGurus: With Traffic Strong, Patient Investors Can Buy The Dip

11 months ago - Seeking Alpha

CarGurus (CARG) has seen solid earnings estimate revision activity over the past month, and belongs to a strong industry as well.

11 months ago - Zacks Investment Research

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... [Read more...]

Industry
Internet Content & Information
IPO Date
Oct 12, 2017
CEO
Langley Steinert
Employees
827
Stock Exchange
NASDAQ
Ticker Symbol
CARG
Full Company Profile

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 Statements

Analyst Forecasts

According to 13 analysts, the average rating for Cargurus stock is "Buy." The 12-month stock price forecast is 34.33, which is an increase of 17.21% from the latest price.

Price Target
$34.33
(17.21% upside)
Analyst Consensus: Buy