CarGurus Stock Price, News & Analysis (NASDAQ:CARG) $21.62 -0.31 (-1.41%) (As of 11/30/2023 ET) Add Compare Share Share Today's Range$21.52▼$22.0750-Day Range$17.00▼$21.9352-Week Range$11.81▼$24.22Volume1.03 million shsAverage Volume1.06 million shsMarket Capitalization$2.43 billionP/E Ratio36.64Dividend YieldN/APrice Target$23.08 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSocial MediaSustainabilityStock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSocial MediaSustainability CarGurus MarketRank™ Stock AnalysisAnalyst RatingModerate Buy2.55 Rating ScoreUpside/Downside6.8% Upside$23.08 Price TargetShort InterestBearish8.98% of Float Sold ShortDividend StrengthN/ASustainability-3.32Upright™ Environmental ScoreNews Sentiment1.09Based on 4 Articles This WeekInsider TradingN/AProj. Earnings Growth12.94%From $0.85 to $0.96 Per ShareSee Full Details Hide Full Details Overall MarketRank™MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.1.51 out of 5 starsAuto/Tires/Trucks Sector78th out of 90 stocksData Processing & Preparation Industry46th out of 55 stocks 1.3 Analyst's Opinion Consensus RatingCarGurus has received a consensus rating of Moderate Buy. The company's average rating score is 2.55, and is based on 7 buy ratings, 3 hold ratings, and 1 sell rating.Price Target Upside/DownsideAccording to analysts' consensus price target of $23.08, CarGurus has a forecasted upside of 6.8% from its current price of $21.62.Amount of Analyst CoverageCarGurus has only been the subject of 2 research reports in the past 90 days. Previous Next 2.0 Short Interest Percentage of Shares Shorted8.98% of the float of CarGurus has been sold short.Short Interest Ratio / Days to CoverCarGurus has a short interest ratio ("days to cover") of 8.1.Change versus previous monthShort interest in CarGurus has recently decreased by 0.77%, indicating that investor sentiment is improving. Previous Next 0.0 Dividend Strength Dividend YieldCarGurus does not currently pay a dividend.Dividend GrowthCarGurus does not have a long track record of dividend growth. Previous Next 0.8 Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreCarGurus has received a -62.31% net impact score from Upright. The largest negative impact of CarGurus in category "GHG emissions" seems to be driven mostly by its "Digital marketplaces for used cars", "Online retail of new diesel passenger cars", and "Online retail of new gasoline passenger cars" products. See details.Environmental SustainabilityThe Environmental Impact score for CarGurus is -3.32. Previous Next 2.3 News and Social Media Coverage News SentimentCarGurus has a news sentiment score of 1.09. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.57 average news sentiment score of Auto/Tires/Trucks companies.News Coverage This WeekMarketBeat has tracked 4 news articles for CarGurus this week, compared to 5 articles on an average week.Search InterestOnly 3 people have searched for CARG on MarketBeat in the last 30 days. This is a decrease of 0% compared to the previous 30 days.MarketBeat FollowsOnly 1 people have added CarGurus to their MarketBeat watchlist in the last 30 days. This is a decrease of -67% compared to the previous 30 days. Previous Next 2.5 Company Ownership Insider Buying vs. Insider SellingIn the past three months, CarGurus insiders have not sold or bought any company stock.Percentage Held by Insiders15.70% of the stock of CarGurus is held by insiders. A high percentage of insider ownership can be a sign of company health.Percentage Held by Institutions86.90% of the stock of CarGurus is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 1.9 Earnings and Valuation Earnings GrowthEarnings for CarGurus are expected to grow by 12.94% in the coming year, from $0.85 to $0.96 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of CarGurus is 36.64, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 118.27.Price to Earnings Ratio vs. SectorThe P/E ratio of CarGurus is 36.64, which means that it is trading at a more expensive P/E ratio than the Auto/Tires/Trucks sector average P/E ratio of about 10.45.Price to Earnings Growth RatioCarGurus has a PEG Ratio of 1.65. PEG Ratios above 1 indicate that a company could be overvalued.Price to Book Value per Share RatioCarGurus has a P/B Ratio of 3.38. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here About CarGurus Stock (NASDAQ:CARG)CarGurus, Inc. operates an online automotive marketplace connecting buyers and sellers of new and used cars in the United States and internationally. It operates through two segments, U.S. Marketplace and Digital Wholesale 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 to dealers and other consumers. 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; Autolist and CarOffer brands in the United States; and PistonHeads brand in the United Kingdom. CarGurus, Inc. was founded in 2005 and is headquartered in Cambridge, Massachusetts.Read More CARG Stock Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart CARG Stock News HeadlinesNovember 28, 2023 | finance.yahoo.comShould Value Investors Buy CarGurus (CARG) Stock?November 27, 2023 | finance.yahoo.comIs CarGurus (CARG) Stock Outpacing Its Auto-Tires-Trucks Peers This Year?December 1, 2023 | Wealthpress (Ad)Trading Experts Call It “The Perfect Tesla Trade”Thanks to a new discovery linked to shares of Tesla, regular folks can now target gains of 100% or more in six days or less. New research shows it’s happened 23 different times this year. The next trade is scheduled for this Thursday.November 25, 2023 | news.yahoo.comFalling EV values make them the bargains of the used-car marketNovember 20, 2023 | markets.businessinsider.comOffshore Wind Project Cancellations Add to Copper Demand ConcernsNovember 15, 2023 | msn.comHere's why people aren't buying EVs in spite of price cuts and tax breaks.November 9, 2023 | msn.comCarGurus to more quickly acquire rest of CarOfferNovember 8, 2023 | finance.yahoo.comCarGurus, Inc. (NASDAQ:CARG) Q3 2023 Earnings Call TranscriptDecember 1, 2023 | Wealthpress (Ad)Trading Experts Call It “The Perfect Tesla Trade”Thanks to a new discovery linked to shares of Tesla, regular folks can now target gains of 100% or more in six days or less. New research shows it’s happened 23 different times this year. The next trade is scheduled for this Thursday.November 8, 2023 | bizjournals.comCarGurus goes all-in on CarOffer with $75M stakeNovember 8, 2023 | markets.businessinsider.comAnalyst Expectations for CarGurus's FutureNovember 7, 2023 | msn.comCarGurus’ stock leaps 6% on earnings beat, deal to buy CarOfferNovember 7, 2023 | finance.yahoo.comHere's What Key Metrics Tell Us About CarGurus (CARG) Q3 EarningsNovember 7, 2023 | finance.yahoo.comCarGurus Announces Third Quarter 2023 ResultsNovember 7, 2023 | finance.yahoo.comCarGurus Agrees to Fully Acquire CarOfferNovember 7, 2023 | finance.yahoo.comCarGurus's (NASDAQ:CARG) Q3 Sales Top Estimates But Quarterly Guidance UnderwhelmsNovember 7, 2023 | seekingalpha.comCarGurus, Inc. 2023 Q3 - Results - Earnings Call PresentationNovember 7, 2023 | nytimes.comAutomakers Delay Electric Vehicle Spending as Demand SlowsNovember 7, 2023 | msn.comA Used Nissan GT-R Is Cheaper Than You Would ThinkNovember 6, 2023 | finance.yahoo.comCarGurus (CARG) To Report Earnings Tomorrow: Here Is What To ExpectNovember 6, 2023 | finance.yahoo.comAs CarGurus (NASDAQ:CARG) climbs 9.4% this past week, investors may now be noticing the company's five-year earnings growthNovember 2, 2023 | finance.yahoo.comExploring Analyst Estimates for CarGurus (CARG) Q3 Earnings, Beyond Revenue and EPSNovember 1, 2023 | msn.comTop analysts break down the 'meltdown' of the global electric vehicle marketOctober 31, 2023 | finanznachrichten.deCarGurus, Inc.: CarGurus Appoints Elisa Palazzo as Chief Financial OfficerOctober 31, 2023 | marketwatch.comCarGurus Names Elisa Palazzo Finance ChiefOctober 31, 2023 | msn.comCarGurus appoints Elisa Palazzo as its CFOOctober 30, 2023 | bizjournals.comAhead of HQ move, CarGurus has named a new CFOSee More Headlines Receive CARG Stock News and Ratings via Email Sign-up to receive the latest news and ratings for CarGurus and its competitors with MarketBeat's FREE daily newsletter. Email Address Company Calendar Last Earnings11/07/2023Today11/30/2023Fiscal Year End12/31/2023Next Earnings (Estimated)2/27/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNASDAQ Industry Data processing & preparation Sub-IndustryN/A SectorAuto/Tires/Trucks Current SymbolNASDAQ:CARG CUSIPN/A CIK1494259 Webwww.cargurus.com Phone(617) 354-0068FaxN/AEmployees1,403Year FoundedN/APrice Target and Rating Average Stock Price Target$23.08 High Stock Price Target$28.00 Low Stock Price Target$15.00 Potential Upside/Downside+6.8%Consensus RatingModerate Buy Rating Score (0-4)2.55 Research Coverage11 Analysts Profitability EPS (Most Recent Fiscal Year)$0.59 Trailing P/E Ratio36.64 Forward P/E Ratio25.44 P/E Growth1.65Net Income$193.79 million Net Margins21.89% Pretax Margin10.29% Return on Equity15.20% Return on Assets10.64% Debt Debt-to-Equity RatioN/A Current Ratio4.93 Quick Ratio4.93 Sales & Book Value Annual Sales$1.66 billion Price / Sales1.47 Cash Flow$1.37 per share Price / Cash Flow15.79 Book Value$6.39 per share Price / Book3.38Miscellaneous Outstanding Shares112,270,000Free Float94,643,000Market Cap$2.43 billion OptionableOptionable Beta1.57 10 "Recession Proof" Stocks That Will Thrive in Any MarketWhich stocks are likely to thrive in today's challenging market? Click the link below and we'll send you MarketBeat's list of ten stocks that will drive in any economic environment.Get This Free Report Key ExecutivesMr. E. Langley Steinert (Age 59)Founder & Executive Chairman Comp: $10kMr. Jason M. Trevisan (Age 48)CEO, Treasurer & Director Comp: $1MMr. Matthew Todd Quinn (Age 51)Chief Technology Officer Comp: $533.6kMs. Andrea Lee Eldridge (Age 47)Chief People Officer Comp: $505.76kMr. Samuel Zales (Age 59)COO & President Comp: $913.59kMr. Yann Bruno Gellot (Age 51)Principal Accounting Officer Ms. Kirndeep SinghVP & Head of Investor RelationsMr. Javier Zamora (Age 52)General Counsel & Corporate Secretary Brian KramerDirector of Public RelationsMs. Dafna Sarnoff (Age 59)Chief Marketing Officer Comp: $145.73kMore ExecutivesKey CompetitorsModine ManufacturingNYSE:MODLiveWire GroupNYSE:LVWRDriven BrandsNASDAQ:DRVNLCI IndustriesNYSE:LCIIQuantumScapeNYSE:QSView All CompetitorsInstitutional OwnershipAmerican Century Companies Inc.Bought 26,703 shares on 11/30/2023Ownership: 0.483%Deutsche Bank AGSold 228,937 shares on 11/24/2023Ownership: 0.046%Public Sector Pension Investment BoardSold 51,338 shares on 11/22/2023Ownership: 0.096%Graham Capital Management L.P.Sold 2,128 shares on 11/22/2023Ownership: 0.012%Walleye Capital LLCSold 33,300 shares on 11/21/2023Ownership: 0.000%View All Institutional Transactions CARG Stock Analysis - Frequently Asked Questions Should I buy or sell CarGurus stock right now? 11 Wall Street analysts have issued "buy," "hold," and "sell" ratings for CarGurus in the last year. There are currently 1 sell rating, 3 hold ratings and 7 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "moderate buy" CARG shares. View CARG analyst ratings or view top-rated stocks. What is CarGurus' stock price target for 2024? 11 brokers have issued 1 year target prices for CarGurus' stock. Their CARG share price targets range from $15.00 to $28.00. On average, they expect the company's stock price to reach $23.08 in the next twelve months. This suggests a possible upside of 6.8% from the stock's current price. View analysts price targets for CARG or view top-rated stocks among Wall Street analysts. How have CARG shares performed in 2023? CarGurus' stock was trading at $14.01 at the beginning of 2023. Since then, CARG shares have increased by 54.3% and is now trading at $21.62. View the best growth stocks for 2023 here. When is CarGurus' next earnings date? The company is scheduled to release its next quarterly earnings announcement on Tuesday, February 27th 2024. View our CARG earnings forecast. How were CarGurus' earnings last quarter? CarGurus, Inc. (NASDAQ:CARG) released its quarterly earnings results on Tuesday, November, 7th. The company reported $0.24 earnings per share for the quarter, beating the consensus estimate of $0.17 by $0.07. The company earned $219.42 million during the quarter, compared to analyst estimates of $215.65 million. CarGurus had a trailing twelve-month return on equity of 15.20% and a net margin of 21.89%. What ETFs hold CarGurus' stock? ETFs with the largest weight of CarGurus (NASDAQ:CARG) stock in their portfolio include Invesco S&P SmallCap Utilities & Communication Services ETF (PSCU), Invesco Next Gen Media and Gaming ETF (PBS), SPDR S&P Internet ETF (XWEB), Pacer US Small Cap Cash Cows Growth Leaders ETF (CAFG), Wisdomtree Growth Leaders Fund (PLAT) and AdvisorShares Alpha DNA Equity Sentiment ETF (SENT).Global X Millennial Consumer ETF (MILN). What guidance has CarGurus issued on next quarter's earnings? CarGurus issued an update on its fourth quarter earnings guidance on Tuesday, November, 7th. The company provided EPS guidance of $0.30-0.33 for the period, compared to the consensus EPS estimate of $0.28. The company issued revenue guidance of $208-228 million, compared to the consensus revenue estimate of $222.44 million. What is Jason Trevisan's approval rating as CarGurus' CEO? 56 employees have rated CarGurus Chief Executive Officer Jason Trevisan on Glassdoor.com. Jason Trevisan has an approval rating of 80% among the company's employees. 81.0% of employees surveyed would recommend working at CarGurus to a friend. What other stocks do shareholders of CarGurus own? Based on aggregate information from My MarketBeat watchlists, some companies that other CarGurus investors own include Twilio (TWLO), Bank of America (BAC), Tesla (TSLA), Micron Technology (MU), Netflix (NFLX), Roku (ROKU), NVIDIA (NVDA), Intelsat (I), Altria Group (MO) and Shopify (SHOP). When did CarGurus IPO? (CARG) raised $132 million in an initial public offering on Thursday, October 12th 2017. The company issued 9,400,000 shares at $13.00-$15.00 per share. Goldman Sachs, Allen & Company and RBC Capital Markets served as the underwriters for the IPO and JMP Securities, Raymond James and William Blair were co-managers. Who are CarGurus' major shareholders? CarGurus' stock is owned by a number of retail and institutional investors. Top institutional shareholders include Morgan Stanley (4.12%), The Manufacturers Life Insurance Company (2.49%), Northern Trust Corp (0.89%), Charles Schwab Investment Management Inc. (0.77%), Fort Washington Investment Advisors Inc. OH (0.76%) and Bank of New York Mellon Corp (0.70%). Insiders that own company stock include Anastasios Parafestas, Andrea Lee Eldridge, Bin Zhou, George M Lynch, John G Connors, Kathleen Bender Patton, Langley Steinert, Larry M Hutchison, Peter Maag, Samuel Zales, Sarah Amory Welch, Scot Christopher Fredo, Scott T Mikuen, Thomas Michael Caputo and Yann Bruno Gellot. View institutional ownership trends. How do I buy shares of CarGurus? Shares of CARG stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab. Compare Top Brokerages Here. 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