NASDAQ:CARG CarGurus (CARG) Stock Price, News & Analysis → Urgent new message from Porter Stansberry (From Porter & Company) (Ad) Free CARG Stock Alerts $23.46 +0.99 (+4.41%) (As of 03/18/2024 ET) Add Compare Share Share Today's Range$22.36▼$23.5150-Day Range$21.85▼$23.9652-Week Range$15.34▼$24.64Volume1.41 million shsAverage Volume1.12 million shsMarket Capitalization$2.52 billionP/E Ratio130.33Dividend YieldN/APrice Target$24.80 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSocial MediaSustainabilityStock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSocial MediaSustainability Get CarGurus alerts: Email Address CarGurus MarketRank™ Stock AnalysisAnalyst RatingModerate Buy2.63 Rating ScoreUpside/Downside6.1% Upside$24.90 Price TargetShort InterestBearish9.47% of Float Sold ShortDividend StrengthN/ASustainability-3.32Upright™ Environmental ScoreNews Sentiment0.19Based on 15 Articles This WeekInsider TradingSelling Shares$1.41 M Sold Last QuarterProj. Earnings Growth17.02%From $0.94 to $1.10 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.2.76 out of 5 starsAuto/Tires/Trucks Sector33rd out of 84 stocksData Processing & Preparation Industry16th 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 2.63, and is based on 5 buy ratings, 3 hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $24.90, CarGurus has a forecasted upside of 6.1% from its current price of $23.46.Amount of Analyst CoverageCarGurus has only been the subject of 3 research reports in the past 90 days. Previous Next 1.0 Short Interest Percentage of Shares Shorted9.47% of the float of CarGurus has been sold short.Short Interest Ratio / Days to CoverCarGurus has a short interest ratio ("days to cover") of 8.2.Change versus previous monthShort interest in CarGurus has recently increased by 15.23%, indicating that investor sentiment is decreasing 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 2.9 News and Social Media Coverage News SentimentCarGurus has a news sentiment score of 0.19. 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 lower news sentiment than the 0.48 average news sentiment score of Auto/Tires/Trucks companies.News Coverage This WeekMarketBeat has tracked 15 news articles for CarGurus this week, compared to 7 articles on an average week.Search Interest5 people have searched for CARG on MarketBeat in the last 30 days. This is an increase of 150% 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 $1,408,682.00 in 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 2.5 Earnings and Valuation Earnings GrowthEarnings for CarGurus are expected to grow by 17.02% in the coming year, from $0.94 to $1.10 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of CarGurus is 130.33, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 152.59.Price to Earnings Ratio vs. SectorThe P/E ratio of CarGurus is 130.33, 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 16.52.Price to Earnings Growth RatioCarGurus has a PEG Ratio of 1.35. PEG Ratios above 1 indicate that a company could be overvalued.Price to Book Value per Share RatioCarGurus has a P/B Ratio of 4.12. 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 Ad Porter & CompanyUrgent new message from Porter StansberryI’ve been in the financial markets for close to three decades… Yet, I’ve never seen an opportunity that’s so urgent, so critical, and yet so overlooked than what is unfolding right now. You see, in one corner of the markets a financial anomaly has emerged that promises to be the single most important story of 2024.Click here now to get what could be the most urgent, and most lucrative research, my team has ever r 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 HeadlinesFebruary 29, 2024 | marketbeat.comCarGurus Stock is Set for a Rally This Quarter, Above all PeersSome businesses could soon see the bullish side effects of a resilient consumer amongst the pretext of potential interest rate cuts coming this year from the FED. According to the FedWatch tool at the CME Group NASDAQ: CME, these pivots could be coming as soon as May of this year.February 29, 2024 | marketbeat.comCarGurus Stock is Set for a Rally This Quarter, Above all Peers (CARG)The car market is soon to see a boom in demand, and most market participants are betting on CarGurus to be the one to come out on top of it all, here's why.March 19, 2024 | The Bull Report (Ad)The AI Bottleneck No One is Talking AboutRenewable energy is growing at an impressive speed - but not fast enough. This could be one of the greatest periods for the nuclear industry ever.March 19, 2024 | americanbankingnews.comCarGurus (NASDAQ:CARG) Price Target Raised to $27.00March 16, 2024 | finance.yahoo.comCARG Apr 2024 19.000 putMarch 16, 2024 | finance.yahoo.comCARG Apr 2024 21.000 callMarch 16, 2024 | finance.yahoo.comCARG Apr 2024 18.000 putMarch 15, 2024 | markets.businessinsider.comExpert Outlook: CarGurus Through The Eyes Of 4 AnalystsMarch 19, 2024 | InvestorPlace (Ad)They said crypto was dead. It went up 100X.Bitcoin’s haters are out again. Despite the price doubling in the last six months alone… That hasn’t stopped the experts from piling on. Warren Buffett’s right-hand man Charlie Munger called crypto investors “idiots” in one of his last interviews. JPMorgan CEO Jamie Dimon, recently called Bitcoin a “pet rock” and “a hyped-up fraud.” But when it comes to cryptos, these are exactly the people you shouldn’t listen to. They’ve predicted crypto’s demise for years.March 13, 2024 | ca.news.yahoo.comGloucester crash: Man and woman taken to hospitalMarch 13, 2024 | yahoo.com'Highway 36 has always been problematic': Callahan Co. residents push for safety enhancements after multiple wrecksMarch 12, 2024 | thestreet.comThe Tesla Cybertruck 'blacklist' is real, and has claimed a victim, owner saysMarch 12, 2024 | yahoo.com5 killed, including 3 students, in Illinois school bus crashMarch 12, 2024 | msn.comSaying 'China is watching,' US spy chiefs plead for Ukraine aidMarch 12, 2024 | yahoo.comAvalanche in Japan kills two skiers and injures one personMarch 12, 2024 | msn.comNew electric vehicle prices are falling as EV inventory levels increaseMarch 11, 2024 | msn.comInside Copley Square's 1st major facelift in decades: What to expectMarch 11, 2024 | msn.comSeafood chain opens first California location — and it’s in Sacramento. What’s on the menu?March 11, 2024 | yahoo.comThe best of the Oscars 2024 with Entertaiment tonightMarch 11, 2024 | yahoo.comAl Pacino's Bizarre Best Picture AnnouncementMarch 11, 2024 | msn.comNew vehicle inventory levels are recovering but car prices haven't fallen low enoughMarch 11, 2024 | americanbankingnews.comCarGurus, Inc. (NASDAQ:CARG) Receives Average Recommendation of "Moderate Buy" from BrokeragesFebruary 28, 2024 | finance.yahoo.comCarGurus, Inc. (NASDAQ:CARG) Q4 2023 Earnings Call TranscriptFebruary 27, 2024 | msn.comCARG Earnings: CarGurus’ Q1 Outlook Falls Short of EstimatesFebruary 27, 2024 | cnbc.comStocks making the biggest moves midday: Norwegian Cruise, Unity Software, Viking Therapeutics and moreFebruary 27, 2024 | markets.businessinsider.comAnalysts Offer Insights on Consumer Cyclical Companies: CarGurus (CARG), PUMA SE NPV (OtherPMMAF) and Domino’s Pizza (DPZ)February 27, 2024 | msn.comWhy CarGurus Shares Are Declining TodaySee 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 Earnings2/26/2024Today3/18/2024Next Earnings (Estimated)5/14/2024Fiscal Year End12/31/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNASDAQ SectorAuto/Tires/Trucks Industry Data processing & preparation Sub-IndustryN/A Current SymbolNASDAQ:CARG CUSIPN/A CIK1494259 Webwww.cargurus.com Phone(617) 354-0068FaxN/AEmployees1,343Year FoundedN/APrice Target and Rating Average Stock Price Target$24.90 High Stock Price Target$30.00 Low Stock Price Target$15.00 Potential Upside/Downside+5.7%Consensus RatingModerate Buy Rating Score (0-4)2.63 Research Coverage8 Analysts Profitability EPS (Most Recent Fiscal Year)$0.18 Trailing P/E Ratio130.33 Forward P/E Ratio24.96 P/E Growth1.35Net Income$31.10 million Net Margins3.40% Pretax Margin5.65% Return on Equity7.74% Return on Assets5.21% Debt Debt-to-Equity RatioN/A Current Ratio3.40 Quick Ratio3.39 Sales & Book Value Annual Sales$914.24 million Price / Sales2.76 Cash Flow$1.09 per share Price / Cash Flow21.46 Book Value$5.70 per share Price / Book4.12Miscellaneous Outstanding Shares107,440,000Free Float90,571,000Market Cap$2.52 billion OptionableOptionable Beta1.57 Metaverse Stocks And Why You Can't Ignore ThemThinking about investing in Meta, Roblox, or Unity? Click the link to learn what streetwise investors need to know about the metaverse and public markets before making an investment.Get This Free Report Key ExecutivesMr. E. Langley Steinert (Age 60)Founder & Executive Chairman Comp: $10kMr. Jason M. Trevisan (Age 49)CEO & Director Comp: $1MMr. Matthew Todd Quinn (Age 52)Chief Technology Officer Comp: $533.6kMs. Andrea Lee Eldridge (Age 49)Chief People Officer Comp: $505.76kMr. Samuel Zales (Age 60)COO & President Comp: $913.59kMs. Elisa Palazzo (Age 42)Chief Financial Officer, Principal Financial Officer & Principal Accounting Officer Ms. Kirndeep SinghVP & Head of Investor RelationsMr. Javier Zamora (Age 53)General Counsel & Corporate Secretary Brian KramerDirector of Public RelationsMs. Dafna Sarnoff (Age 60)Chief Marketing Officer Comp: $145.73kMore ExecutivesKey CompetitorsEVERTECNYSE:EVTCDriven BrandsNASDAQ:DRVNGarrett MotionNYSE:GTXLiveRampNYSE:RAMPFox FactoryNASDAQ:FOXFView All CompetitorsInsiders & InstitutionsVanguard Group Inc.Sold 133,889 shares on 3/11/2024Ownership: 9.392%Wellington Management Group LLPBought 1,619,076 shares on 3/5/2024Ownership: 5.311%Samuel ZalesSold 17,668 sharesTotal: $392,582.96 ($22.22/share)Andrea Lee EldridgeSold 22,358 sharesTotal: $494,782.54 ($22.13/share)Javier Esquivel ZamoraSold 23,557 sharesTotal: $521,316.41 ($22.13/share)View All Insider TransactionsView All Institutional Transactions CARG Stock Analysis - Frequently Asked Questions Should I buy or sell CarGurus stock right now? 8 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for CarGurus in the last year. There are currently 3 hold ratings and 5 buy ratings for the stock. The consensus among Wall Street research 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? 8 analysts have issued 12-month target prices for CarGurus' shares. Their CARG share price targets range from $15.00 to $30.00. On average, they expect the company's share price to reach $24.90 in the next twelve months. This suggests a possible upside of 6.1% 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 2024? CarGurus' stock was trading at $24.16 at the start of the year. Since then, CARG shares have decreased by 2.9% and is now trading at $23.46. View the best growth stocks for 2024 here. Are investors shorting CarGurus? CarGurus saw a increase in short interest during the month of February. As of February 29th, there was short interest totaling 8,020,000 shares, an increase of 15.2% from the February 14th total of 6,960,000 shares. Based on an average trading volume of 982,300 shares, the days-to-cover ratio is currently 8.2 days. Approximately 9.5% of the company's shares are short sold. View CarGurus' Short Interest. When is CarGurus' next earnings date? The company is scheduled to release its next quarterly earnings announcement on Tuesday, May 14th 2024. View our CARG earnings forecast. How were CarGurus' earnings last quarter? CarGurus, Inc. (NASDAQ:CARG) announced its earnings results on Monday, February, 26th. The company reported $0.35 EPS for the quarter, topping the consensus estimate of $0.34 by $0.01. The company had revenue of $223.12 million for the quarter, compared to analyst estimates of $220.05 million. CarGurus had a trailing twelve-month return on equity of 7.74% and a net margin of 3.40%. The firm's quarterly revenue was down 22.2% compared to the same quarter last year. During the same quarter in the previous year, the business posted $0.25 EPS. 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 first quarter 2024 earnings guidance on Tuesday, February, 27th. The company provided EPS guidance of 0.240-0.290 for the period, compared to the consensus earnings per share estimate of 0.310. The company issued revenue guidance of $201.0 million-$221.0 million, compared to the consensus revenue estimate of $235.7 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 acted 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 variety of institutional and retail investors. Top institutional shareholders include Vanguard Group Inc. (8.99%), Vanguard Group Inc. (9.39%), Wellington Management Group LLP (5.31%), Foxhaven Asset Management LP (4.14%), The Manufacturers Life Insurance Company (2.32%) and Dimensional Fund Advisors LP (1.97%). Insiders that own company stock include Anastasios Parafestas, Andrea Lee Eldridge, Bin Zhou, George M Lynch, Javier Esquivel Zamora, 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 Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. Compare Top Brokerages Here. This page (NASDAQ:CARG) was last updated on 3/19/2024 by MarketBeat.com Staff From Our PartnersCentral Bank Gold Heist In ProgressColonial Metals8,788% Return Predicted For THIS Crypto (already up 40% in 6 months)Paradigm PressAltcoin FRENZY Alert…Crypto 101 MediaThe AI Bottleneck No One is Talking AboutThe Bull ReportMake This $3 Trade the Instant the Opening Bell RingsMonument Traders AllianceSHOCKING Footage From Tesla Gigafactory In Austin, TexasInvestorPlaceThis AI Trade Machine Made 1,729%* (With 89% Wins)Prosper Trading AcademyThe world’s greatest investmentPorter & Company Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. 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