S&P 500   4,567.00
DOW   34,483.72
QQQ   393.82
S&P 500   4,567.00
DOW   34,483.72
QQQ   393.82
S&P 500   4,567.00
DOW   34,483.72
QQQ   393.82
S&P 500   4,567.00
DOW   34,483.72
QQQ   393.82
NASDAQ:CARG

CarGurus Stock Forecast, Price & News

$37.50
+0.22 (+0.59%)
(As of 11/30/2021 12:00 AM ET)
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Compare
Today's Range
$36.36
$37.96
50-Day Range
$31.11
$38.94
52-Week Range
$22.63
$39.76
Volume
1.52 million shs
Average Volume
1.16 million shs
Market Capitalization
$4.41 billion
P/E Ratio
42.61
Dividend Yield
N/A
Beta
1.81
30 days | 90 days | 365 days | Advanced Chart
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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

CarGurus (NASDAQ:CARG) Releases Q4 2021 Earnings Guidance
November 30, 2021 |  americanbankingnews.com
GPC vs. CARG: Which Stock Is the Better Value Option?
November 24, 2021 |  finance.yahoo.com
CarGurus (NASDAQ:CARG) Updates FY 2021 Earnings Guidance
November 23, 2021 |  americanbankingnews.com
$0.30 EPS Expected for CarGurus, Inc. (NASDAQ:CARG) This Quarter
November 20, 2021 |  americanbankingnews.com
See More Headlines

Industry, Sector and Symbol

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

Sales & Book Value

Annual Sales
$551.45 million
Cash Flow
$0.97 per share
Book Value
$3.29 per share

Profitability

Net Income
$77.55 million
Pretax Margin
18.10%

Debt

Price-To-Earnings

Miscellaneous

Free Float
92,122,000
Market Cap
$4.41 billion
Optionable
Optionable

Company Calendar

Last Earnings
11/08/2021
Today
12/01/2021
Fiscal Year End
12/31/2021
Next Earnings (Estimated)
2/10/2022

MarketRank

Overall MarketRank

2.39 out of 5 stars

Auto/Tires/Trucks Sector

34th out of 131 stocks

Data Processing & Preparation Industry

16th out of 100 stocks

Analyst Opinion: 3.4Community 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 year. 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.

How has CarGurus' stock been impacted by Coronavirus?

CarGurus' stock was trading at $20.60 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization (WHO). Since then, CARG shares have increased by 82.0% and is now trading at $37.50.
View which stocks have been most impacted by COVID-19
.

Are investors shorting CarGurus?

CarGurus saw a decrease in short interest in the month of November. As of November 15th, there was short interest totaling 6,070,000 shares, a decrease of 20.3% from the October 31st total of 7,620,000 shares. Based on an average trading volume of 1,030,000 shares, the short-interest ratio is currently 5.9 days. Currently, 7.2% of the company's stock are sold short.
View CarGurus' Short Interest
.

When is CarGurus' next earnings date?

CarGurus is scheduled to release its next quarterly earnings announcement on Thursday, February 10th 2022.
View our earnings forecast for CarGurus
.

How were CarGurus' earnings last quarter?

CarGurus, Inc. (NASDAQ:CARG) released its quarterly earnings data on Monday, November, 8th. The company reported $0.38 earnings per share (EPS) for the quarter, topping the Thomson Reuters' consensus estimate of $0.19 by $0.19. CarGurus had a net margin of 13.72% and a trailing twelve-month return on equity of 24.54%. During the same period last year, the company posted $0.30 earnings per share.
View CarGurus' earnings history
.

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

CarGurus updated its fourth quarter 2021 earnings guidance on Tuesday, November, 30th. The company provided earnings per share guidance of $0.280-$0.300 for the period, compared to the Thomson Reuters consensus EPS estimate of $0.310. The company issued revenue guidance of $273 million-$285 million, compared to the consensus revenue estimate of $222.32 million.

What price target have analysts set for CARG?

9 Wall Street analysts have issued 12-month price targets for CarGurus' stock. Their forecasts range from $27.00 to $63.00. On average, they anticipate CarGurus' stock price to reach $43.11 in the next year. This suggests a possible upside of 15.0% 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 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.

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 number of institutional and retail investors. Top institutional investors include The Manufacturers Life Insurance Company (7.84%), Wellington Management Group LLP (7.77%), BlackRock Inc. (5.07%), Morgan Stanley (2.35%), Eaton Vance Management (1.85%) and ArrowMark Colorado Holdings LLC (1.82%). Company insiders that own CarGurus stock include Anastasios Parafestas, Andrea Lee Eldridge, Bin Zhou, George M Lynch, 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 Deutsche Bank AG, Renaissance Technologies LLC, Two Sigma Advisers LP, Morgan Stanley, Millennium Management LLC, BlackRock Inc., Barclays PLC, and Tudor Investment Corp 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 acquired by a variety of institutional investors in the last quarter, including The Manufacturers Life Insurance Company , Wellington Management Group LLP, Ararat Capital Management LP, Polar Asset Management Partners Inc., U.S. Capital Wealth Advisors LLC, Nordea Investment Management AB, Healthcare of Ontario Pension Plan Trust Fund, and Royal Bank of Canada.
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 $37.50.

How much money does CarGurus make?

CarGurus has a market capitalization of $4.41 billion and generates $551.45 million in revenue each year. The company earns $77.55 million in net income (profit) each year or $0.88 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 12/1/2021 by MarketBeat.com Staff

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