CarGurus, Inc operates an online automotive marketplace connecting buyers and sellers of new and used cars in the United States, Canada, the United Kingdom, Germany, Italy, and Spain. 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 in the United States marketplace.
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Industry, Sector and Symbol
Industry Data processing & preparation
Sub-IndustryN/A
SectorAuto/Tires/Trucks
Phone617-354-0068
Debt
Price-To-Earnings
Sales & Book Value
Annual Sales$454.09 million
Profitability
Miscellaneous
Employees732
Next Earnings Date2/27/2020 (Estimated)
OptionableOptionable
CarGurus (NASDAQ:CARG) Frequently Asked Questions
What is CarGurus' stock symbol?
CarGurus trades on the NASDAQ under the ticker symbol "CARG."
How were CarGurus' earnings last quarter?
CarGurus Inc (NASDAQ:CARG) issued its quarterly earnings results on Tuesday, November, 5th. The company reported $0.14 EPS for the quarter, beating the consensus estimate of $0.04 by $0.10. The firm earned $150.50 million during the quarter, compared to analysts' expectations of $147.99 million. CarGurus had a return on equity of 18.30% and a net margin of 7.44%. The business's quarterly revenue was up 26.4% compared to the same quarter last year. During the same period in the prior year, the firm posted $0.08 earnings per share. View CarGurus' Earnings History.
When is CarGurus' next earnings date?
What guidance has CarGurus issued on next quarter's earnings?
CarGurus issued an update on its fourth quarter earnings guidance on Tuesday, November, 5th. The company provided earnings per share (EPS) guidance of $0.12-$0.13 for the period, compared to the Thomson Reuters consensus estimate of $0.14. The company issued revenue guidance of $152.2-$155.2 million, compared to the consensus revenue estimate of $154.05 million.
What price target have analysts set for CARG?
13 brokerages have issued 12 month price targets for CarGurus' stock. Their forecasts range from $42.00 to $54.00. On average, they expect CarGurus' stock price to reach $48.45 in the next year. This suggests a possible upside of 26.2% from the stock's current price. View Analyst Price Targets for CarGurus.
What is the consensus analysts' recommendation for CarGurus?
13 Wall Street analysts have issued "buy," "hold," and "sell" ratings for CarGurus in the last year. There are currently 2 hold ratings and 11 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for CarGurus.
Has CarGurus been receiving favorable news coverage?
News headlines about CARG stock have been trending somewhat negative on Thursday, InfoTrie Sentiment reports. InfoTrie identifies negative and positive news coverage by monitoring more than six thousand news and blog sources in real-time. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores closest to five being the most favorable. CarGurus earned a news sentiment score of -1.4 on InfoTrie's scale. They also assigned news articles about the company a news buzz of 0.0 out of 10, meaning that recent news coverage is extremely unlikely to have an effect on the stock's share price in the next several days. View News Stories for CarGurus.
Who are some of CarGurus' key competitors?
Some companies that are related to CarGurus include RingCentral (RNG), PagSeguro Digital (PAGS), StoneCo (STNE), Autohome (ATHM), Zendesk (ZEN), DXC Technology (DXC), Proofpoint (PFPT), Zynga (ZNGA), Pegasystems (PEGA), YY (YY), CHURCHILL CAP C/SH (CCC), Bilibili (BILI), Five9 (FIVN), Globant (GLOB) and LiveRamp (RAMP).
What other stocks do shareholders of CarGurus own?
Who are CarGurus' key executives?
CarGurus' management team includes the folowing people:
- Mr. E. Langley Steinert, Founder, Chairman & CEO (Age 55)
- Mr. Samuel Zales, COO & Pres (Age 55)
- Mr. Jason M. Trevisan, CFO & Treasurer (Age 44)
- Ms. Kathleen Bender Patton, Gen. Counsel & Sec. (Age 52)
- Mr. Thomas Caputo, Chief Product Officer (Age 45)
When did CarGurus IPO?
(CARG) raised $132 million in an initial public offering (IPO) on Thursday, October 12th 2017. The company issued 9,400,000 shares at a price of $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 of retail and institutional investors. Top institutional shareholders include Massachusetts Financial Services Co. MA (0.67%), Kornitzer Capital Management Inc. KS (0.16%), California Public Employees Retirement System (0.12%), First Trust Advisors LP (0.08%), Boston Advisors LLC (0.06%) and State of New Jersey Common Pension Fund D (0.05%). Company insiders that own CarGurus stock include Anastasios Parafestas, Argonaut 22 Llc, Ian G Smith, Jason Trevisan, Kathleen Bender Patton, Langley Steinert, Oliver Ian Chrzan, Samuel Zales, Sarah Amory Welch, Spinnaker Capital Llc, Stephen Kaufer, Steven Conine and Thomas Michael Caputo. View Institutional Ownership Trends for CarGurus.
Which major investors are selling CarGurus stock?
CARG stock was sold by a variety of institutional investors in the last quarter, including SG Americas Securities LLC, Russell Investments Group Ltd., Peddock Capital Advisors LLC, First Trust Advisors LP, Kornitzer Capital Management Inc. KS and Strs Ohio. Company insiders that have sold CarGurus company stock in the last year include Anastasios Parafestas, Ian G Smith, Jason Trevisan, Kathleen Bender Patton, Langley Steinert, Oliver Ian Chrzan, Samuel Zales, Sarah Amory Welch, Stephen Kaufer and Thomas Michael Caputo. View Insider Buying and Selling for CarGurus.
Which major investors are buying CarGurus stock?
CARG stock was purchased by a variety of institutional investors in the last quarter, including California Public Employees Retirement System, State of New Jersey Common Pension Fund D, Massachusetts Financial Services Co. MA, Assenagon Asset Management S.A., Renaissance Group LLC, Boston Advisors LLC, Raymond James Trust N.A. and Oppenheimer & Co. Inc.. View Insider Buying and Selling for CarGurus.
How do I buy shares of CarGurus?
Shares of CARG can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity and Charles Schwab.
What is CarGurus' stock price today?
One share of CARG stock can currently be purchased for approximately $38.40.
How big of a company is CarGurus?
CarGurus has a market capitalization of $5.08 billion and generates $454.09 million in revenue each year. The company earns $65.17 million in net income (profit) each year or $0.57 on an earnings per share basis. CarGurus employs 732 workers across the globe.View Additional Information About CarGurus.
What is CarGurus' official website?
How can I contact CarGurus?
CarGurus' mailing address is 2 Canal Park 4thFloor, Cambridge MA, 02141. The company can be reached via phone at 617-354-0068 or via email at [email protected]
MarketBeat Community Rating for CarGurus (NASDAQ CARG)
MarketBeat's community ratings are surveys of what our community members think about CarGurus and other stocks. Vote "Outperform" if you believe CARG will outperform the S&P 500 over the long term. Vote "Underperform" if you believe CARG will underperform the S&P 500 over the long term. You may vote once every thirty days.
