CarGurus, Inc. (CARG)

NASDAQ: CARG · IEX Real-Time Price · USD
23.08
+0.08 (0.35%)
Mar 28, 2024, 4:00 PM EDT - Market closed

Total Valuation

CarGurus has a market cap or net worth of $2.48 billion. The enterprise value is $2.36 billion.

Market Cap 2.48B
Enterprise Value 2.36B

Important Dates

The next estimated earnings date is Tuesday, May 7, 2024, after market close.

Earnings Date May 7, 2024
Ex-Dividend Date n/a

Share Statistics

CarGurus has 107.44 million shares outstanding. The number of shares has decreased by -10.90% in one year.

Shares Outstanding 107.44M
Shares Change (YoY) -10.90%
Shares Change (QoQ) -1.99%
Owned by Insiders (%) 2.74%
Owned by Institutions (%) 102.84%
Float 80.61M

Valuation Ratios

The trailing PE ratio is 121.47 and the forward PE ratio is 17.46. CarGurus's PEG ratio is 1.40.

PE Ratio 121.47
Forward PE 17.46
PS Ratio 2.71
Forward PS 2.67
PB Ratio 4.02
P/FCF Ratio 29.60
PEG Ratio 1.40
Financial Ratio History

Enterprise Valuation

The stock's EV/EBITDA ratio is 20.51, with an EV/FCF ratio of 28.16.

EV / Earnings 75.86
EV / Sales 2.58
EV / EBITDA 20.51
EV / EBIT 35.44
EV / FCF 28.16

Financial Position

The company has a current ratio of 3.40, with a Debt / Equity ratio of 0.32.

Current Ratio 3.40
Quick Ratio 3.08
Debt / Equity 0.32
Debt / EBITDA 1.69
Debt / FCF 2.32
Interest Coverage n/a

Financial Efficiency

Return on equity (ROE) is 4.60% and return on invested capital (ROIC) is 2.23%.

Return on Equity (ROE) 4.60%
Return on Assets (ROA) 3.10%
Return on Capital (ROIC) 2.23%
Revenue Per Employee $680,746
Profits Per Employee $23,160
Employee Count 1,343
Asset Turnover 0.90
Inventory Turnover 93.64

Taxes

In the past 12 months, CarGurus has paid $29.63 million in taxes.

Income Tax 29.63M
Effective Tax Rate 48.79%

Stock Price Statistics

The stock price has increased by +27.58% in the last 52 weeks. The beta is 1.58, so CarGurus's price volatility has been higher than the market average.

Beta (1Y) 1.58
52-Week Price Change +27.58%
50-Day Moving Average 23.17
200-Day Moving Average 21.03
Relative Strength Index (RSI) 50.45
Average Volume (30 Days) 1,080,009

Short Selling Information

The latest short interest is 9.19 million, so 8.55% of the outstanding shares have been sold short.

Short Interest 9.19M
Short Previous Month 8.02M
Short % of Shares Out 8.55%
Short % of Float 11.40%
Short Ratio (days to cover) 5.08

Income Statement

In the last 12 months, CarGurus had revenue of $914.24 million and earned $31.10 million in profits. Earnings per share was $0.19.

Revenue 914.24M
Gross Profit 651.45M
Operating Income 32.63M
Pretax Income 66.58M
Net Income 31.10M
EBITDA 115.05M
EBIT 66.58M
Earnings Per Share (EPS) $0.19
Full Income Statement

Balance Sheet

The company has $314.65 million in cash and $194.39 million in debt, giving a net cash position of $120.26 million or $1.12 per share.

Cash & Cash Equivalents 314.65M
Total Debt 194.39M
Net Cash 120.26M
Net Cash Per Share $1.12
Equity / Book Value 616.85M
Book Value Per Share 5.74
Working Capital 276.01M
Full Balance Sheet

Cash Flow

In the last 12 months, operating cash flow was $124.53 million and capital expenditures -$40.75 million, giving a free cash flow of $83.78 million.

Operating Cash Flow 124.53M
Capital Expenditures -40.75M
Free Cash Flow 83.78M
FCF Per Share $0.74
Full Cash Flow Statement

Margins

Gross margin is 71.26%, with operating and profit margins of 3.57% and 3.40%.

Gross Margin 71.26%
Operating Margin 3.57%
Pretax Margin 7.28%
Profit Margin 3.40%
EBITDA Margin 12.58%
EBIT Margin 7.28%
FCF Margin 9.16%

Dividends & Yields

CarGurus does not appear to pay any dividends at this time.

Dividend Per Share n/a
Dividend Yield n/a
Dividend Growth (YoY) n/a
Years of Dividend Growth n/a
Payout Ratio n/a
Buyback Yield 10.90%
Shareholder Yield 10.90%
Earnings Yield 1.25%
FCF Yield 3.38%
Dividend Details

Analyst Forecast

The average price target for CarGurus is $24.50, which is 6.15% higher than the current price. The consensus rating is "Buy".

Price Target $24.50
Price Target Difference 6.15%
Analyst Consensus Buy
Analyst Count 12
Revenue Growth Forecast (5Y) 14.88%
EPS Growth Forecast (5Y) 83.73%
Stock Forecasts

Stock Splits

This stock does not have any record of stock splits.

Last Split Date n/a
Split Type n/a
Split Ratio n/a

Scores

CarGurus has an Altman Z-Score of 7.06 and a Piotroski F-Score of 6.

Altman Z-Score 7.06
Piotroski F-Score 6