NASDAQ:CARG CarGurus (CARG) Stock Price, News & Analysis $25.25 +0.06 (+0.24%) (As of 07/26/2024 ET) Add Compare Share Share Today's Range$24.93▼$25.7650-Day Range$23.44▼$26.7252-Week Range$16.70▼$26.90Volume874,576 shsAverage Volume899,839 shsMarket Capitalization$2.63 billionP/E Ratio90.18Dividend YieldN/APrice Target$27.56 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSustainabilityTrendsStock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSustainabilityTrends Get CarGurus alerts: Email Address CarGurus MarketRank™ Stock AnalysisAnalyst RatingModerate Buy2.63 Rating ScoreUpside/Downside9.2% Upside$27.56 Price TargetShort InterestHealthy7.39% of Float Sold ShortDividend StrengthN/ASustainability-3.32Upright™ Environmental ScoreNews Sentiment0.44Based on 17 Articles This WeekInsider TradingSelling Shares$2.12 M Sold Last QuarterProj. Earnings Growth25.51%From $0.98 to $1.23 Per ShareSee Full Details Hide Full Details Overall MarketRank™New Rank-Based ScoringMarketRank™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.3.99 out of 5 starsAuto/Tires/Trucks Sector22nd out of 82 stocksData Processing & Preparation Industry14th out of 58 stocks 2.3 Analyst's Opinion Consensus RatingCarGurus has received a consensus rating of Moderate Buy. The company's average rating score is 2.63, and is based on 5 buy ratings, 3 hold ratings, and no sell ratings.Amount of Analyst CoverageCarGurus has been the subject of 6 research reports in the past 90 days, demonstrating strong analyst interest in this stock.Read more about CarGurus' stock forecast and price target. Previous Next 3.0 Short Interest Percentage of Shares Shorted7.39% of the float of CarGurus has been sold short.Short Interest Ratio / Days to CoverCarGurus has a short interest ratio ("days to cover") of 7.9.Change versus previous monthShort interest in CarGurus has recently decreased by 6.66%, indicating that investor sentiment is improving significantly. 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 3.0 News and Social Media Coverage News SentimentCarGurus has a news sentiment score of 0.44. 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 news sentiment score is similar to the average news sentiment of Auto/Tires/Trucks companies.News Coverage This WeekMarketBeat has tracked 17 news articles for CarGurus this week, compared to 7 articles on an average week.Search Interest3 people have searched for CARG on MarketBeat in the last 30 days. This is an increase of 50% compared to the previous 30 days.MarketBeat Follows3 people have added CarGurus to their MarketBeat watchlist in the last 30 days. This is an increase of 200% compared to the previous 30 days. Previous Next 3.3 Company Ownership Insider Buying vs. Insider SellingIn the past three months, CarGurus insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $2,119,722.00 in company stock.Percentage Held by Insiders17.20% 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.Read more about CarGurus' insider trading history. Previous Next 2.5 Earnings and Valuation Earnings GrowthEarnings for CarGurus are expected to grow by 25.51% in the coming year, from $0.98 to $1.23 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of CarGurus is 90.18, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 142.35.Price to Earnings Ratio vs. SectorThe P/E ratio of CarGurus is 90.18, 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 10.14.Price to Earnings Growth RatioCarGurus has a PEG Ratio of 1.47. PEG Ratios above 1 indicate that a company could be overvalued.Price to Book Value per Share RatioCarGurus has a P/B Ratio of 4.43. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.Read more about CarGurus' valuation and earnings. Previous Next See Top Rated MarketRank™ Stocks Here Ad MarketBeatWe just added a $300 account credit to your MarketBeat subscriptionMarketBeat All Access is our complete suite of portfolio monitoring software, research tools, stock screeners, proprietary reports, and more. Upgrade today and get $300 off your 2024-2025 subscription. Free for 30 days.Start Your Risk-Free Trial Here About CarGurus Stock (NASDAQ:CARG)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.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 HeadlinesJuly 18, 2024 | insidertrades.comCarGurus, Inc. (NASDAQ:CARG) COO Sells $666,700.32 in StockJuly 4, 2024 | insidertrades.comCarGurus, Inc. (NASDAQ:CARG) CTO Sells 3,978 SharesJuly 26, 2024 | Darwin (Ad)Top Stock Unveiled!Ready to discover the standout stock of 2024? We’ve identified a single buy & hold gem that’s poised to redefine your portfolio. Download our exclusive report now and dive into the Insights. Click below to opt-in and receive up to two additional free bonus subscriptions. Unsubscribe at any time.July 26 at 7:19 PM | omaha.comWhat to know when buying a used electric vehicleJuly 26 at 5:16 AM | finance.yahoo.com(XS2559580548.SG)July 26 at 5:16 AM | theglobeandmail.comReflecting On Online Marketplace Stocks’ Q1 Earnings: Coinbase (NASDAQ:COIN)July 26 at 12:15 AM | nz.finance.yahoo.comI:RUT Jul 2024 Weekly 2070.000July 26 at 12:15 AM | finance.yahoo.comSolactive EQM Global Solar Energy Index NTR (DE000SL0E8Z9.SG)July 26, 2024 | Darwin (Ad)Top Stock Unveiled!Ready to discover the standout stock of 2024? We’ve identified a single buy & hold gem that’s poised to redefine your portfolio. Download our exclusive report now and dive into the Insights. Click below to opt-in and receive up to two additional free bonus subscriptions. Unsubscribe at any time.July 25 at 7:14 PM | finance.yahoo.comMarket rotation, auto industry rebalancing: Asking for a TrendJuly 25 at 7:14 PM | finance.yahoo.comAuto industry 'quite healthy' despite earnings slump: ExpertJuly 25 at 2:08 PM | omaha.comThe best ways to sell your carJuly 24 at 12:15 PM | msn.comConvertible model choice falls to lowest level in nearly two decadesJuly 23 at 4:10 PM | ft.comCar dealers beef up incentives as US inflation takes bite out of demandJuly 23 at 11:09 AM | msn.comCheap EVs May Save The IndustryJuly 22, 2024 | msn.com'Very Scared': Sony-Honda Chief Warns Japan Of China's EV DominanceJuly 22, 2024 | msn.comEVs Are Cheaper Than Ever. Can Car Buyers Be Won Over?July 21, 2024 | finance.yahoo.com5 SUVs That Will Save You the Most Money Over Time, According to the ExpertsSee 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 Earnings5/09/2024Today7/26/2024Next Earnings (Confirmed)8/08/2024Fiscal Year End12/31/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNASDAQ SectorAuto/Tires/Trucks Industry Data processing & preparation Sub-IndustryBusiness Services Current SymbolNASDAQ:CARG CUSIPN/A CIK1494259 Webwww.cargurus.com Phone(617) 354-0068FaxN/AEmployees1,343Year FoundedN/APrice Target and Rating Average Stock Price Target$27.56 High Stock Price Target$30.00 Low Stock Price Target$25.00 Potential Upside/Downside+9.8%Consensus RatingModerate Buy Rating Score (0-4)2.63 Research Coverage8 Analysts Profitability EPS (Most Recent Fiscal Year)$0.28 Trailing P/E Ratio89.64 Forward P/E Ratio25.61 P/E Growth1.47Net Income$31.10 million Net Margins4.04% Pretax Margin7.01% Return on Equity8.80% Return on Assets5.90% Debt Debt-to-Equity RatioN/A Current Ratio2.78 Quick Ratio2.78 Sales & Book Value Annual Sales$914.24 million Price / Sales2.86 Cash Flow$1.03 per share Price / Cash Flow24.41 Book Value$5.70 per share Price / Book4.40Miscellaneous Outstanding Shares104,190,000Free Float86,271,000Market Cap$2.62 billion OptionableOptionable Beta1.57 7 Stocks to Buy And Hold ForeverClick the link below and we'll send you MarketBeat's list of seven stocks and why their long-term outlooks are very promising. Get This Free Report Key ExecutivesMr. E. Langley Steinert (Age 60)Founder & Executive Chairman Comp: $10kMr. Jason M. Trevisan (Age 49)CEO & Director Comp: $1.19MKey CompetitorsEVERTECNYSE:EVTCUpworkNASDAQ:UPWKShutterstockNYSE:SSTKInovalonNASDAQ:INOVPerspectaNYSE:PRSPView All CompetitorsInsiders & InstitutionsBank of New York Mellon CorpSold 36,832 shares on 7/26/2024Ownership: 0.627%Allspring Global Investments Holdings LLCSold 7,023 shares on 7/26/2024Ownership: 0.277%Raymond James Trust N.A.Bought 450 shares on 7/25/2024Ownership: 0.024%Baillie Gifford & Co.Bought 824 shares on 7/25/2024Ownership: 0.023%Louisiana State Employees Retirement SystemSold 2,900 shares on 7/24/2024Ownership: 0.038%View All Insider TransactionsView All Institutional Transactions CARG Stock Analysis - Frequently Asked Questions How have CARG shares performed this year? CarGurus' stock was trading at $24.16 at the beginning of 2024. Since then, CARG stock has increased by 4.5% and is now trading at $25.25. View the best growth stocks for 2024 here. How were CarGurus' earnings last quarter? CarGurus, Inc. (NASDAQ:CARG) released its quarterly earnings results on Thursday, May, 9th. The company reported $0.22 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.19 by $0.03. The firm earned $215.80 million during the quarter, compared to analyst estimates of $217.29 million. CarGurus had a trailing twelve-month return on equity of 8.80% and a net margin of 4.04%. 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. When did CarGurus IPO? CarGurus (CARG) raised $132 million in an initial public offering (IPO) 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 acted as the underwriters for the IPO and JMP Securities, Raymond James and William Blair were co-managers. Who are CarGurus' major shareholders? CarGurus' top institutional shareholders include Bank of New York Mellon Corp (0.63%), Raymond James & Associates (0.51%), Allspring Global Investments Holdings LLC (0.28%) and Assenagon Asset Management S.A. (0.05%). Insiders that own company stock include Samuel Zales, Sarah Amory Welch, Matthew Todd Quinn, Dafna Sarnoff, Scot Christopher Fredo, Andrea Lee Eldridge, Javier Esquivel Zamora, Kathleen Bender Patton, Yann Bruno Gellot, Thomas Michael Caputo and Langley Steinert. 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 Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. Compare Top Brokerages Here. What other stocks do shareholders of CarGurus own? Based on aggregate information from My MarketBeat watchlists, some other companies that CarGurus investors own include Twilio (TWLO), Bank of America (BAC), Tesla (TSLA), Micron Technology (MU), Netflix (NFLX), Roku (ROKU) and NVIDIA (NVDA). This page (NASDAQ:CARG) was last updated on 7/26/2024 by MarketBeat.com Staff From Our Partners625,000% GainImagine swapping your daily coffee expense for a future free of financial worries. It might seem far-fetche...Crypto Swap Profits | Sponsored“Generational Bull Run” IncomingLIVE Cash Flow Workshop Event / Hosted Virtually Weds @ 7PM EST Everyone who attends will also receive 3 sp...Unstoppable Prosperity | SponsoredThis student turned $1,300 into $45,000 in just 4 Months!With the help of S.A.M. 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