NASDAQ:CARG - CarGurus Stock Price, Forecast & News Adding Choose a watchlist: Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat Daily Premium to add more stocks to your watchlist. Adding CarGurus Inc Please log in to your account or sign up in order to add this asset to your watchlist. Log In and Add $36.81 -0.19 (-0.51 %) (As of 12/12/2019 06:19 AM ET) Add Compare Today's Range$36.52Now: $36.81▼$37.1050-Day Range$31.60MA: $37.24▼$40.2352-Week Range$28.65Now: $36.81▼$45.25Volume855,414 shsAverage Volume1.05 million shsMarket Capitalization$4.12 billionP/E Ratio64.58Dividend YieldN/ABeta1.97 ProfileAnalyst RatingsAdvanced ChartEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsSocial Media Share on FacebookShare on TwitterShare on LinkedInShare on RedditShare on StocktwitsPrint this articleShare by Email 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. Read More… Industry, Sector and Symbol Stock Exchange NASDAQ Industry Data processing & preparation Sub-IndustryN/A SectorAuto/Tires/Trucks Current SymbolNASDAQ:CARG Previous Symbol CUSIPN/A CIK1494259 Webhttp://www.cargurus.com/ Phone617-354-0068Debt Debt-to-Equity Ratio0.24 Current Ratio2.85 Quick Ratio2.85Price-To-Earnings Trailing P/E Ratio64.58 Forward P/E Ratio105.17 P/E Growth2.73 Sales & Book Value Annual Sales$454.09 million Price / Sales9.08 Cash Flow$0.65 per share Price / Cash Flow56.78 Book Value$1.76 per share Price / Book20.91Profitability EPS (Most Recent Fiscal Year)$0.57 Net Income$65.17 million Net Margins7.44% Return on Equity18.30% Return on Assets12.02%Miscellaneous Employees732 Outstanding Shares111,950,000Market Cap$4.12 billion Next Earnings Date2/27/2020 (Estimated) OptionableOptionable Receive CARG News and Ratings via Email Sign-up to receive the latest news and ratings for CARG and its competitors with MarketBeat's FREE daily newsletter. NASDAQ:CARG Rates by TradingView 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 earnings results on Tuesday, November, 5th. The company reported $0.14 earnings per share for the quarter, beating analysts' consensus estimates of $0.04 by $0.10. The firm had revenue of $150.50 million for the quarter, compared to analyst estimates of $147.99 million. CarGurus had a net margin of 7.44% and a return on equity of 18.30%. The company's quarterly revenue was up 26.4% on a year-over-year basis. During the same quarter last year, the business posted $0.08 earnings per share. View CarGurus' Earnings History. When is CarGurus' next earnings date? CarGurus is scheduled to release their next quarterly earnings announcement on Thursday, February 27th 2020. View Earnings Estimates for CarGurus. 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 EPS 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 brokers have issued 12 month price objectives for CarGurus' stock. Their forecasts range from $42.00 to $54.00. On average, they anticipate CarGurus' stock price to reach $48.45 in the next year. This suggests a possible upside of 31.6% 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? Media coverage about CARG stock has trended negative this week, InfoTrie reports. The research group rates the sentiment of press coverage by reviewing more than six thousand blog and news sources in real-time. The firm ranks coverage of publicly-traded companies on a scale of -5 to 5, with scores nearest to five being the most favorable. CarGurus earned a media sentiment score of -3.0 on InfoTrie's scale. They also assigned media stories about the company a news buzz of 0.0 out of 10, indicating that recent press coverage is extremely unlikely to have an impact on the stock's share price in the immediate future. View News Stories for CarGurus. Are investors shorting CarGurus? CarGurus saw a increase in short interest in the month of November. As of November 29th, there was short interest totalling 11,580,000 shares, an increase of 6.8% from the November 14th total of 10,840,000 shares. Based on an average daily trading volume, of 1,020,000 shares, the days-to-cover ratio is presently 11.4 days. Approximately 14.7% of the company's stock are sold short. View CarGurus' Current Options Chain. Who are some of CarGurus' key competitors? Some companies that are related to CarGurus include RingCentral (RNG), StoneCo (STNE), PagSeguro Digital (PAGS), DXC Technology (DXC), Zendesk (ZEN), Autohome (ATHM), Proofpoint (PFPT), Pegasystems (PEGA), Zynga (ZNGA), CHURCHILL CAP C/SH (CCC), Bilibili (BILI), YY (YY), Five9 (FIVN), Globant (GLOB) and LiveRamp (RAMP). What other stocks do shareholders of CarGurus own? Based on aggregate information from My MarketBeat watchlists, some companies that other CarGurus investors own include Netflix (NFLX), Twilio (TWLO), Bank of America (BAC), salesforce.com (CRM), Intelsat (I), Comcast (CMCSA), NVIDIA (NVDA), Alibaba Group (BABA), Mongodb (MDB) and Roku (ROKU). 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 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 variety of of retail and institutional investors. Top institutional investors include HMI Capital LLC (3.89%), State Street Corp (1.37%), Massachusetts Financial Services Co. MA (0.67%), Voya Investment Management LLC (0.54%), Kornitzer Capital Management Inc. KS (0.16%) and California Public Employees Retirement System (0.12%). 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, Man Group plc, Russell Investments Group Ltd., Peddock Capital Advisors LLC, First Trust Advisors LP, Barclays PLC, 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 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 HMI Capital LLC, Voya Investment Management LLC, California Public Employees Retirement System, State of New Jersey Common Pension Fund D, State Street Corp, Millennium Management LLC, Massachusetts Financial Services Co. MA and Assenagon Asset Management S.A.. 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 $36.81. How big of a company is CarGurus? CarGurus has a market capitalization of $4.12 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? The official website for CarGurus is http://www.cargurus.com/. 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)Community Ranking: 2.5 out of 5 ( )Outperform Votes: 392 (Vote Outperform)Underperform Votes: 402 (Vote Underperform)Total Votes: 794MarketBeat'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. This page was last updated on 12/12/2019 by MarketBeat.com StaffFeatured Article: Swap