NASDAQ:CARG - CarGurus Stock Price, News, & Analysis Sign in or create an account to add this stock to your watchlist. Get Started $37.19 +0.81 (+2.23 %) (As of 01/18/2019 08:28 AM ET)Previous Close$36.38Today's Range$36.3673 - $37.4652-Week Range$28.52 - $57.25Volume362,007 shsAverage Volume510,367 shsMarket Capitalization$4.00 billionP/E Ratio309.92Dividend YieldN/ABeta1.74 ProfileDiscussionAnalyst RatingsChartEarningsFinancialsInsider 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 worldwide. The company's marketplace enables users with third-party validation on pricing, dealer reputation, and other information. As of June 30, 2017, it had an active dealer network of approximately 40,000 dealers; and approximately 5.4 million car listings. The company was founded in 2005 and is headquartered in Cambridge, Massachusetts.. 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. Industry, Sector and Symbol Stock Exchange NASDAQ Industry Data processing & preparation Sub-IndustryN/A SectorAuto/Tires/Trucks Current SymbolNASDAQ:CARG Previous Symbol CUSIPN/A Webwww.cargurus.com Phone617-354-0068Debt Debt-to-Equity RatioN/A Current Ratio3.17 Quick Ratio3.17Price-To-Earnings Trailing P/E Ratio309.92 Forward P/E Ratio286.08 P/E Growth38.7 Sales & Book Value Annual Sales$316.86 million Price / Sales12.92 Cash Flow$0.1637 per share Price / Cash Flow227.22 Book Value$1.20 per share Price / Book30.99Profitability EPS (Most Recent Fiscal Year)$0.12 Net Income$13.19 million Net Margins11.78% Return on Equity9.82% Return on Assets7.17%Miscellaneous Employees549 Outstanding Shares110,080,000Market Cap$4.00 billion 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) posted its quarterly earnings results on Wednesday, November, 7th. The company reported $0.08 earnings per share (EPS) for the quarter, beating the Zacks' consensus estimate of $0.05 by $0.03. The company earned $119.04 million during the quarter, compared to the consensus estimate of $112.70 million. CarGurus had a net margin of 11.78% and a return on equity of 9.82%. The company's revenue for the quarter was up 43.4% on a year-over-year basis. During the same period last year, the firm earned $0.02 EPS. View CarGurus' Earnings History. When is CarGurus' next earnings date? CarGurus is scheduled to release their next quarterly earnings announcement on Thursday, March 7th 2019. View Earnings Estimates for CarGurus. What guidance has CarGurus issued on next quarter's earnings? CarGurus updated its fourth quarter earnings guidance on Wednesday, November, 7th. The company provided earnings per share guidance of $0.06-0.07 for the period, compared to the Thomson Reuters consensus EPS estimate of $0.06. The company issued revenue guidance of $121-122 million, compared to the consensus revenue estimate of $116.79 million. What price target have analysts set for CARG? 9 Wall Street analysts have issued 1-year price targets for CarGurus' shares. Their forecasts range from $42.00 to $59.00. On average, they expect CarGurus' stock price to reach $49.2222 in the next year. This suggests a possible upside of 32.4% from the stock's current price. View Analyst Price Targets for CarGurus. What is the consensus analysts' recommendation for CarGurus? 9 Wall Street analysts have issued "buy," "hold," and "sell" ratings for CarGurus in the last year. There are currently 9 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for CarGurus. What are Wall Street analysts saying about CarGurus stock? Here are some recent quotes from research analysts about CarGurus stock: 1. According to Zacks Investment Research, "CarGurus, Inc. is an online automotive marketplace connecting buyers and sellers of new and used cars. The company uses proprietary technology, search algorithms and data analytics. It operates primarily in Canada, the United Kingdom and Germany. CarGurus, Inc.is based in CAMBRIDGE, United States. " (1/8/2019) 2. Benchmark Co. analysts commented, "We note that our broadcast universe is likely to report automotive ad spend down low-mid-single digits in 1Q, with some seeing deterioration towards down mid-single digits in 2Q. While this historically might be viewed as a positive for the digital space, we continue to hear that uncertainty from the top of the funnel (tier 1/OEM) is filtering all the way down to the local (tier 3) level, with digital the easiest channel to reduce and reinstate as needed. Furthermore, we suspect shares may be facing incremental pressure following 2 broad-based Google (GOOG:Not Rated) algorithm changes in the past month, with our search checks indicating that, while early, at least the April update appeared to be slightly more than routine. We have yet to see any impact on CarGurus’ search rankings but expect the bears will continue to pound the drum on currently unfounded suspicions." (4/30/2018) Has CarGurus been receiving favorable news coverage? News stories about CARG stock have trended somewhat positive recently, InfoTrie reports. The research group scores the sentiment of media 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 negative five to positive five, with scores closest to five being the most favorable. CarGurus earned a news sentiment score of 0.7 on InfoTrie's scale. They also assigned news stories about the company a news buzz of 1.0 out of 10, indicating that recent media coverage is extremely unlikely to have an effect on the stock's share price in the near future. Who are some of CarGurus' key competitors? Some companies that are related to CarGurus include Autohome (ATHM), RingCentral (RNG), Zendesk (ZEN), StoneCo (STNE), Proofpoint (PFPT), YY (YY), Bilibili (BILI), Pegasystems (PEGA), Zynga (ZNGA), Corelogic (CLGX), Five9 (FIVN), PagSeguro Digital (PAGS), Globant (GLOB), Inovalon (INOV) and Trivago (TRVG). Who are CarGurus' key executives? CarGurus' management team includes the folowing people: Mr. E. Langley Steinert, Founder, Chairman, CEO & Pres (Age 55)Mr. Jason M. Trevisan, CFO & Treasurer (Age 44)Mr. Samuel Zales, Chief Operating Officer (Age 55)Ms. Kathleen Bender Patton, Sr. VP, Gen. Counsel & Sec. (Age 52)Mr. Thomas Caputo, Sr. VP of Product (Age 45) When did CarGurus IPO? (CARG) raised $132 million in an 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 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 many different of retail and institutional investors. Top institutional investors include Navellier & Associates Inc (0.02%) and Cerebellum GP LLC (0.01%). Company insiders that own CarGurus stock include Anastasios Parafestas, Argonaut 22 Llc, David Lambert Parker, 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 institutional investors are buying CarGurus stock? CARG stock was acquired by a variety of institutional investors in the last quarter, including Navellier & Associates Inc and Cerebellum GP LLC. 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, Scottrade, Fidelity and Charles Schwab. What is CarGurus' stock price today? One share of CARG stock can currently be purchased for approximately $37.19. How big of a company is CarGurus? CarGurus has a market capitalization of $4.00 billion and generates $316.86 million in revenue each year. The company earns $13.19 million in net income (profit) each year or $0.12 on an earnings per share basis. CarGurus employs 549 workers across the globe. 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: 249 (Vote Outperform)Underperform Votes: 245 (Vote Underperform)Total Votes: 494MarketBeat'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 1/18/2019 by MarketBeat.com StaffFeatured Article: What is a front-end load?