QQQ   379.12 (+0.31%)
AAPL   149.32 (+0.46%)
MSFT   310.11 (+0.64%)
FB   315.81 (-3.92%)
GOOGL   2,786.17 (+1.35%)
TSLA   1,018.43 (-0.63%)
AMZN   3,376.07 (+1.68%)
NVDA   247.17 (+6.70%)
BABA   169.99 (-3.51%)
NIO   40.47 (-1.94%)
CGC   13.17 (-2.95%)
GE   107.44 (+2.03%)
AMD   122.93 (+0.47%)
MU   68.94 (+0.26%)
T   25.37 (-1.05%)
F   15.94 (-0.38%)
ACB   7.03 (-2.09%)
DIS   172.04 (+0.02%)
PFE   43.56 (+0.95%)
BA   209.81 (-1.44%)
AMC   36.05 (-2.12%)
QQQ   379.12 (+0.31%)
AAPL   149.32 (+0.46%)
MSFT   310.11 (+0.64%)
FB   315.81 (-3.92%)
GOOGL   2,786.17 (+1.35%)
TSLA   1,018.43 (-0.63%)
AMZN   3,376.07 (+1.68%)
NVDA   247.17 (+6.70%)
BABA   169.99 (-3.51%)
NIO   40.47 (-1.94%)
CGC   13.17 (-2.95%)
GE   107.44 (+2.03%)
AMD   122.93 (+0.47%)
MU   68.94 (+0.26%)
T   25.37 (-1.05%)
F   15.94 (-0.38%)
ACB   7.03 (-2.09%)
DIS   172.04 (+0.02%)
PFE   43.56 (+0.95%)
BA   209.81 (-1.44%)
AMC   36.05 (-2.12%)
QQQ   379.12 (+0.31%)
AAPL   149.32 (+0.46%)
MSFT   310.11 (+0.64%)
FB   315.81 (-3.92%)
GOOGL   2,786.17 (+1.35%)
TSLA   1,018.43 (-0.63%)
AMZN   3,376.07 (+1.68%)
NVDA   247.17 (+6.70%)
BABA   169.99 (-3.51%)
NIO   40.47 (-1.94%)
CGC   13.17 (-2.95%)
GE   107.44 (+2.03%)
AMD   122.93 (+0.47%)
MU   68.94 (+0.26%)
T   25.37 (-1.05%)
F   15.94 (-0.38%)
ACB   7.03 (-2.09%)
DIS   172.04 (+0.02%)
PFE   43.56 (+0.95%)
BA   209.81 (-1.44%)
AMC   36.05 (-2.12%)
QQQ   379.12 (+0.31%)
AAPL   149.32 (+0.46%)
MSFT   310.11 (+0.64%)
FB   315.81 (-3.92%)
GOOGL   2,786.17 (+1.35%)
TSLA   1,018.43 (-0.63%)
AMZN   3,376.07 (+1.68%)
NVDA   247.17 (+6.70%)
BABA   169.99 (-3.51%)
NIO   40.47 (-1.94%)
CGC   13.17 (-2.95%)
GE   107.44 (+2.03%)
AMD   122.93 (+0.47%)
MU   68.94 (+0.26%)
T   25.37 (-1.05%)
F   15.94 (-0.38%)
ACB   7.03 (-2.09%)
DIS   172.04 (+0.02%)
PFE   43.56 (+0.95%)
BA   209.81 (-1.44%)
AMC   36.05 (-2.12%)
NASDAQ:CARG

CarGurus Stock Forecast, Price & News

$34.59
-0.26 (-0.75 %)
(As of 10/26/2021 04:00 PM ET)
Add
Compare
Today's Range
$33.94
$35.30
50-Day Range
$26.40
$35.06
52-Week Range
$19.24
$36.54
Volume618,844 shs
Average Volume1.16 million shs
Market Capitalization$4.06 billion
P/E Ratio37.19
Dividend YieldN/A
Beta1.83
30 days | 90 days | 365 days | Advanced Chart
Receive CARG 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.


CarGurus logo

About CarGurus

Cargurus, Inc. engages in the provision of online auto shopping. The firm offers proprietary technology, search algorithms and data analytics to analyze new and used car listings. It operates through the following segments: United States and International. The United States segment derives revenues from marketplace subscriptions, advertising services and other revenues from customers within the United States. The International segment includes the revenues from marketplace subscriptions, advertising services and other revenues from customers outside of the United States. The company was founded by Langley Steinert on November 10, 2005 and is headquartered in Cambridge, MA.

Headlines

See More Headlines

Industry, Sector and Symbol

Industry
Data processing & preparation
Sub-Industry
N/A
Current Symbol
NASDAQ:CARG
Employees
827
Year Founded
N/A

Sales & Book Value

Annual Sales
$551.45 million
Cash Flow
$0.98 per share
Book Value
$3.29 per share

Profitability

Net Income
$77.55 million

Debt

Price-To-Earnings

Miscellaneous

Market Cap
$4.06 billion
Next Earnings Date
11/9/2021 (Confirmed)
Optionable
Optionable

MarketRank

Overall MarketRank

1.99 out of 5 stars

Auto/Tires/Trucks Sector

57th out of 124 stocks

Data Processing & Preparation Industry

40th out of 96 stocks

Analyst Opinion: 1.4Community Rank: 4.4Dividend Strength: 0.0Insider Behavior: 4.2Valuation: 0.0 5 -4 -3 -2 -1 -












CarGurus (NASDAQ:CARG) Frequently Asked Questions

Is CarGurus a buy right now?

9 Wall Street analysts have issued "buy," "hold," and "sell" ratings for CarGurus in the last twelve months. There are currently 2 hold ratings and 7 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "buy" CarGurus stock.
View analyst ratings for CarGurus
or view top-rated stocks.

What stocks does MarketBeat like better than CarGurus?

Wall Street analysts have given CarGurus a "Buy" rating, but there may be better buying opportunities in the stock market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new stock ideas, but CarGurus wasn't one of them. MarketBeat thinks these five companies may be even better buys.
View MarketBeat's top stock picks here.

When is CarGurus' next earnings date?

CarGurus is scheduled to release its next quarterly earnings announcement on Tuesday, November 9th 2021.
View our earnings forecast for CarGurus
.

How can I listen to CarGurus' earnings call?

CarGurus will be holding an earnings conference call on Tuesday, November 9th at 5:00 PM Eastern. Interested parties can register for or listen to the call using this link or dial in at 412-317-6671 with passcode "13722924".

How were CarGurus' earnings last quarter?

CarGurus, Inc. (NASDAQ:CARG) posted its quarterly earnings results on Thursday, August, 5th. The company reported $0.29 EPS for the quarter, topping the Zacks' consensus estimate of $0.14 by $0.15. The business earned $217.75 million during the quarter, compared to analyst estimates of $190 million. CarGurus had a trailing twelve-month return on equity of 27.87% and a net margin of 15.72%.
View CarGurus' earnings history
.

How has CarGurus' stock price been impacted by Coronavirus (COVID-19)?

CarGurus' stock was trading at $20.60 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization (WHO). Since then, CARG stock has increased by 67.9% and is now trading at $34.59.
View which stocks have been most impacted by COVID-19
.

What guidance has CarGurus issued on next quarter's earnings?

CarGurus issued an update on its third quarter 2021 earnings guidance on Thursday, September, 2nd. The company provided earnings per share guidance of $0.300-$0.320 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $0.250. The company issued revenue guidance of $210 million-$216 million, compared to the consensus revenue estimate of $199.52 million.

What price target have analysts set for CARG?

9 equities research analysts have issued 1-year price objectives for CarGurus' shares. Their forecasts range from $27.00 to $40.00. On average, they anticipate CarGurus' share price to reach $36.56 in the next year. This suggests a possible upside of 5.7% from the stock's current price.
View analysts' price targets for CarGurus
or view top-rated stocks among Wall Street analysts.

Who are CarGurus' key executives?

CarGurus' management team includes the following people:
  • Jason Trevisan, Chief Executive Officer & Director
  • Samuel Zales, President & Chief Operating Officer (LinkedIn Profile)
  • Scot Fredo, Chief Financial Officer & Treasurer
  • Tom Caputo, Chief Product Officer
  • Kelly Haydu, Vice President-Information Security

What is Langley Steinert's approval rating as CarGurus' CEO?

138 employees have rated CarGurus CEO Langley Steinert on Glassdoor.com. Langley Steinert has an approval rating of 80% among CarGurus' employees.

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.

What is CarGurus' stock symbol?

CarGurus trades on the NASDAQ under the ticker symbol "CARG."

Who are CarGurus' major shareholders?

CarGurus' stock is owned by a variety of institutional and retail investors. Top institutional shareholders include Virginia Retirement Systems ET AL (0.07%), Kestra Advisory Services LLC (0.02%), First Hawaiian Bank (0.02%), Strs Ohio (0.00%), Baillie Gifford & Co. (0.00%) and IFP Advisors Inc (0.00%). Company insiders that own CarGurus stock include Anastasios Parafestas, Andrea Lee Eldridge, Bin Zhou, George M Lynch, Ian G Smith, Jason Trevisan, John G Connors, Kathleen Bender Patton, Langley Steinert, Larry M Hutchison, Peter Maag, Samuel Zales, Sarah Amory Welch, Scott T Mikuen, Thomas Michael Caputo and Yann Bruno Gellot.
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 Virginia Retirement Systems ET AL. Company insiders that have sold CarGurus company stock in the last year include Anastasios Parafestas, Andrea Lee Eldridge, George M Lynch, John G Connors, Kathleen Bender Patton, Langley Steinert, Larry M Hutchison, Peter Maag, Samuel Zales, Sarah Amory Welch, Scott T Mikuen, Thomas Michael Caputo, and Yann Bruno Gellot.
View insider buying and selling activity for CarGurus
or view top insider-selling stocks.

Which major investors are buying CarGurus stock?

CARG stock was bought by a variety of institutional investors in the last quarter, including Kestra Advisory Services LLC, First Hawaiian Bank, Strs Ohio, IFP Advisors Inc, and Baillie Gifford & Co..
View insider buying and selling activity for CarGurus
or or view top insider-buying stocks.

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 WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

What is CarGurus' stock price today?

One share of CARG stock can currently be purchased for approximately $34.59.

How much money does CarGurus make?

CarGurus has a market capitalization of $4.06 billion and generates $551.45 million in revenue each year. The company earns $77.55 million in net income (profit) each year or $0.75 on an earnings per share basis.

How many employees does CarGurus have?

CarGurus employs 827 workers across the globe.

What is CarGurus' official website?

The official website for CarGurus is www.cargurus.com.

Where are CarGurus' headquarters?

CarGurus is headquartered at 2 Canal Park 4thFloor, Cambridge MA, 02141.

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].


This page was last updated on 10/26/2021 by MarketBeat.com Staff

Resources

Premium Research Tools

MarketBeat All Access subscribers can access stock screeners, the Idea Engine, data export tools, research reports, and other premium tools.

Discover All Access

Market Data and Calendars

Looking for new stock ideas? Want to see which stocks are moving? View our full suite of financial calendars and market data tables, all for free.

View Market Data

Investing Education and Resources

Receive a free world-class investing education from MarketBeat. Learn about financial terms, types of investments, trading strategies and more.

Financial Terms
Details Here
MarketBeat - Stock Market News and Research Tools logo

MarketBeat empowers individual investors to make better trading decisions by providing real-time financial data and objective market analysis. Whether you’re looking for analyst ratings, corporate buybacks, dividends, earnings, economic reports, financials, insider trades, IPOs, SEC filings or stock splits, MarketBeat has the objective information you need to analyze any stock. Learn more about MarketBeat.

MarketBeat is accredited by the Better Business Bureau

© American Consumer News, LLC dba MarketBeat® 2010-2021. All rights reserved.
326 E 8th St #105, Sioux Falls, SD 57103 | U.S. Based Support Team at [email protected] | (844) 978-6257
MarketBeat does not provide personalized financial advice and does not issue recommendations or offers to buy stock or sell any security.

Our Accessibility Statement | Terms of Service | Do Not Sell My Information

© 2021 Market data provided is at least 10-minutes delayed and hosted by Barchart Solutions. Information is provided 'as-is' and solely for informational purposes, not for trading purposes or advice, and is delayed. To see all exchange delays and terms of use please see disclaimer. Fundamental company data provided by Zacks Investment Research.