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Cargurus, Inc. (CARG)

Stock Price: $31.41 USD -0.48 (-1.51%)
Updated Jan 22, 2021 4:00 PM EST - Market closed
Market Cap 3.65B
Revenue (ttm) 558.05M
Net Income (ttm) 65.56M
Shares Out 113.03M
EPS (ttm) 0.57
PE Ratio 55.11
Forward PE 25.77
Dividend n/a
Dividend Yield n/a
Trading Day January 22
Last Price $31.41
Previous Close $31.89
Change ($) -0.48
Change (%) -1.51%
Day's Open 31.59
Day's Range 30.87 - 31.95
Day's Volume 938,304
52-Week Range 15.93 - 36.04

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Market Watch - 3 days ago

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 ...

GlobeNewsWire - 3 days ago

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 Tre...

GlobeNewsWire - 1 week ago

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 ...

Zacks Investment Research - 1 month ago

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

Forbes - 1 month ago

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

GlobeNewsWire - 1 month ago

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 Capa...

GlobeNewsWire - 1 month ago

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

GlobeNewsWire - 1 month ago

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

Forbes - 1 month ago

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 ha...

GlobeNewsWire - 1 month ago

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...

Zacks Investment Research - 1 month ago

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

Seeking Alpha - 2 months ago

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

GlobeNewsWire - 2 months ago

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...

Zacks Investment Research - 2 months ago

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?

Market Watch - 2 months ago

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-quar...

Other stocks mentioned: TRUE
GlobeNewsWire - 2 months ago

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

GlobeNewsWire - 3 months ago

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 r...

GlobeNewsWire - 3 months ago

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...

Seeking Alpha - 4 months ago

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

Zacks Investment Research - 5 months ago

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

Seeking Alpha - 5 months ago

CarGurus, Inc. (CARG) CEO Langley Steinert on Q2 2020 Results - Earnings Call Transcript

The Motley Fool - 5 months ago

CarGurus topped estimates, but is it positioned to outlast COVID-19?

Zacks Investment Research - 5 months ago

CarGurus (CARG) delivered earnings and revenue surprises of 1800.00% and 10.44%, respectively, for the quarter ended June 2020. Do the numbers hold clues to what lies ahead for the stock?

GlobeNewsWire - 5 months ago

Second Quarter Highlights:

Zacks Investment Research - 5 months ago

As of late, it has definitely been a great time to be an investor in CarGurus.

Zacks Investment Research - 5 months ago

SPXC vs. CARG: Which Stock Is the Better Value Option?

Other stocks mentioned: SPXC
Zacks Investment Research - 5 months ago

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.

GlobeNewsWire - 6 months ago

CAMBRIDGE, Mass., July 24, 2020 (GLOBE NEWSWIRE) -- CarGurus, Inc. (Nasdaq: CARG), a leading global online automotive marketplace, announced it will issue a press release reporting financial...

GlobeNewsWire - 6 months ago

Survey Finds Vehicle Purchase Intent in Canada Remains High, Ride-Sharing and Public Transit Usage Expected to Decrease Survey Finds Vehicle Purchase Intent in Canada Remains High, Ride-Sharin...

GlobeNewsWire - 6 months ago

Survey Finds Vehicle Purchase Intent Remains High, Ride-Sharing and Public Transit Usage Expected to Decrease Survey Finds Vehicle Purchase Intent Remains High, Ride-Sharing and Public Transit...

Forbes - 6 months ago

A new consumer survey by CarGurus shows increased intent to buy a new vehicle but other studies conclude, the lingering Covid-19 pandemic could kill that enthusiasm.

Zacks Investment Research - 6 months ago

SPXC vs. CARG: Which Stock Is the Better Value Option?

Other stocks mentioned: SPXC
Business Wire - 6 months ago

DALLAS--(BUSINESS WIRE)--RumbleOn, Inc (Nasdaq: RMBL), the e-commerce company using innovative technology to simplify how dealers and consumers buy, sell, trade, or finance pre-owned vehicles,...

GlobeNewsWire - 6 months ago

Data Shows the Consumer-Friendly Experience Ultimately Helps Dealers Sell Vehicles Faster Data Shows the Consumer-Friendly Experience Ultimately Helps Dealers Sell Vehicles Faster

The Motley Fool - 7 months ago

More people on the go means more demand for cars...in theory.

Other stocks mentioned: CPRT, KMX
GlobeNewsWire - 7 months ago

CAMBRIDGE, Mass., June 08, 2020 (GLOBE NEWSWIRE) -- CarGurus, Inc. (Nasdaq: CARG), a leading global automotive marketplace, today announced that Jason Trevisan, Chief Financial Officer and P...

GlobeNewsWire - 7 months ago

Program Identifies Best Used Vehicles Across Ten Body Style Categories; Kia Sorento Earns Editor’s Choice as 2020’s Best Overall Used Vehicle Program Identifies Best Used Vehicles Across Ten B...

Seeking Alpha - 8 months ago

CarGurus, Inc. (CARG) CEO Langley Steinert on Q1 2020 Results - Earnings Call Transcript

GlobeNewsWire - 8 months ago

CAMBRIDGE, Mass., May 05, 2020 (GLOBE NEWSWIRE) -- CarGurus (Nasdaq: CARG), a leading global automotive marketplace, today announced a 20% rate reduction for the month of June for its subscr...

GlobeNewsWire - 8 months ago

Canadians Intend to Purchase Vehicles and Decrease Ride-Hailing Service Usage Canadians Intend to Purchase Vehicles and Decrease Ride-Hailing Service Usage

Zacks Investment Research - 8 months ago

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.

GlobeNewsWire - 8 months ago

CAMBRIDGE, Mass., April 29, 2020 (GLOBE NEWSWIRE) -- CarGurus (Nasdaq: CARG), a leading global automotive marketplace, today announced a comprehensive 20% rate reduction for the month of Jun...

GlobeNewsWire - 8 months ago

Consumers Intend to Purchase Vehicles and Decrease Ride-Hailing Service Usage Consumers Intend to Purchase Vehicles and Decrease Ride-Hailing Service Usage

GlobeNewsWire - 9 months ago

CAMBRIDGE, Mass., April 02, 2020 (GLOBE NEWSWIRE) -- CarGurus (Nasdaq: CARG), a leading global automotive marketplace, today announced its continued support for dealers in the U.S. and Canad...

Zacks Investment Research - 9 months ago

Coronavirus-induced social distancing is prompting automakers and dealers to step up digital retailing efforts.

Other stocks mentioned: CARS, CVNA, TRUE
GlobeNewsWire - 10 months ago

CAMBRIDGE, Mass., March 18, 2020 (GLOBE NEWSWIRE) -- Today CarGurus issued the following letter to shareholders.

Zacks Investment Research - 10 months ago

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.

Seeking Alpha - 10 months ago

Buy The Fear In CarGurus

Seeking Alpha - 11 months ago

CarGurus: The Bullish Thesis Has Not Changed At All

GlobeNewsWire - 11 months ago

Ranked #1 in Dealer Satisfaction for Both New and Used Car Advertising Ranked #1 in Dealer Satisfaction for Both New and Used Car Advertising

About CARG

CarGurus operates an online automotive marketplace connecting buyers and sellers of new and used cars in the United States, Canada, the United Kingdom, Germany, Italy, and Spain. 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, the United K... [Read more...]

Industry
Internet Content & Information
IPO Date
Oct 12, 2017
CEO
Langley Steinert
Employees
921
Stock Exchange
NASDAQ
Ticker Symbol
CARG
Full Company Profile

Financial Performance

In 2019, Cargurus's revenue was $588.92 million, an increase of 29.69% compared to the previous year's $454.09 million. Earnings were $42.15 million, a decrease of -35.33%.

Financial Statements

Analyst Forecasts

According to 13 analysts, the average rating for Cargurus stock is "Buy." The 12-month stock price forecast is 33.09, which is an increase of 5.35% from the latest price.

Price Target
$33.09
(5.35% upside)
Analyst Consensus: Buy