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CarGurus (CARG)

NASDAQ
Currency in USD
Disclaimer
30.89
+0.58(+1.91%)
Closed
After Hours
30.60-0.29(-0.94%)
CARG Scorecard
Full Analysis
Management has been aggressively buying back shares
Trading near 52-week High
Fair Value
Day's Range
30.3731.01
52 wk Range
16.7031.01
Prev. Close
30.31
Open
30.37
Day's Range
30.37-31.01
52 wk Range
16.7-31.01
Volume
422,884
Average Vol. (3m)
712,064
1-Year Change
77.84%
Book Value / Share
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Fair Value
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Fair Value Upside
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CARG Scorecardpro icon
Company’s Health
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Fair Value
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Fair Pricepro lock
Upsidepro lock
Price Target
29.42
Downside
-4.76%
Members' Sentiments
Bearish
Bullish
ProTips
Holds more cash than debt on its balance sheet
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InvestingPro Research for CarGurus


Market Dynamics
Analyst price targets range from $27 to $32, reflecting CarGurus' potential amidst stabilizing automotive industry trends and evolving online retail landscape
Financial Fortitude
Delve into CarGurus' strong Q2 2024 results, surpassing estimates with revenue projections of $212-232 million and adjusted EBITDA of $56-64 million for Q3
Wholesale Woes
Explore the challenges facing CarGurus' Digital Wholesale segment, including a 66% revenue decline and ongoing recovery efforts for the CarOffer business
Marketplace Momentum
CarGurus' core business thrives with 14% YoY revenue growth, expanding dealer base, and successful product adoption, driving overall company performance

CarGurus Company Profile

CarGurus, Inc. operates an online automotive platform for buying and selling vehicles in the United States and internationally. It operates through two segments, U.S. Marketplace and Digital Wholesale. The company provides an online automotive marketplace where customers can search for new and used car listings from its dealers and sell their car to dealers and other consumers; and paid listings subscriptions for enhanced access to its marketplace that connects dealers to a large audience of informed and engaged consumers. It also offers dealer and non-dealer advertising products for its websites and social media platforms. The company operates online marketplaces under the CarGurus brand in the United States, Canada, and the United Kingdom; Autolist and CarOffer brands in the United States; and PistonHeads brand in the United Kingdom. The company was formerly known as CarGurus LLC and changed its name to CarGurus, Inc. in June 2015. CarGurus, Inc. was founded in 2005 and is headquartered in Cambridge, Massachusetts.

Employees
1403

Compare CARG to Peers and Sector

Metrics to compare
CARG
Peers
Sector
Relationship
P/E Ratio
−65.3x12.3x5.9x
PEG Ratio
0.49−0.550.01
Price / Book
7.1x2.0x1.8x
Price / LTM Sales
3.6x1.6x1.4x
Upside (Analyst Target)
−2.9%34.2%23.9%
Fair Value Upside
Unlock17.3%15.4%Unlock

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FAQ

What Is the CarGurus (CARG) Stock Price Today?

The CarGurus stock price today is 30.89

What Stock Exchange Does CarGurus Trade On?

CarGurus is listed and trades on the NASDAQ stock exchange.

What Is the Stock Symbol for CarGurus?

The stock symbol for CarGurus is "CARG."

What Is the CarGurus Market Cap?

As of today, CarGurus market cap is 3.19B.

What is CarGurus Earnings Per Share?

The CarGurus EPS is -0.449.

What Is the Next CarGurus Earnings Date?

CarGurus will release its next earnings report on Nov 05, 2024.
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