Cargurus, Inc. (CARG)
| 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 |
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 ...
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...
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 ...
CarGurus (CARG) saw a big move last session, as its shares jumped more than 5% on the day, amid huge volumes.
Online auto marketplace CarGurus.com has made a major play into whole vehicle sales with the purchase of a stake in CarOffer.
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...
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
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
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...
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...
CarGurus (CARG) has seen solid earnings estimate revision activity over the past month, and belongs to a strong industry as well.
CarGurus, Inc. (CARG) CEO Langley Steinert on Q3 2020 Results - Earnings Call Transcript
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...
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?
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...
A nalysis shows several bright spots for popular vehicle segment, but affordability concerns remain amid pandemic
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...
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...
CarGurus: With Traffic Strong, Patient Investors Can Buy The Dip
CarGurus (CARG) has seen solid earnings estimate revision activity over the past month, and belongs to a strong industry as well.
CarGurus, Inc. (CARG) CEO Langley Steinert on Q2 2020 Results - Earnings Call Transcript
CarGurus topped estimates, but is it positioned to outlast COVID-19?
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?
As of late, it has definitely been a great time to be an investor in CarGurus.
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.
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...
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...
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...
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.
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,...
Data Shows the Consumer-Friendly Experience Ultimately Helps Dealers Sell Vehicles Faster Data Shows the Consumer-Friendly Experience Ultimately Helps Dealers Sell Vehicles Faster
More people on the go means more demand for cars...in theory.
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...
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...
CarGurus, Inc. (CARG) CEO Langley Steinert on Q1 2020 Results - Earnings Call Transcript
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...
Canadians Intend to Purchase Vehicles and Decrease Ride-Hailing Service Usage Canadians Intend to Purchase Vehicles and Decrease Ride-Hailing Service Usage
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.
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...
Consumers Intend to Purchase Vehicles and Decrease Ride-Hailing Service Usage Consumers Intend to Purchase Vehicles and Decrease Ride-Hailing Service Usage
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...
Coronavirus-induced social distancing is prompting automakers and dealers to step up digital retailing efforts.
CAMBRIDGE, Mass., March 18, 2020 (GLOBE NEWSWIRE) -- Today CarGurus issued the following letter to shareholders.
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.
CarGurus: The Bullish Thesis Has Not Changed At All
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 |
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%.
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.