S&P 500   3,841.47
DOW   30,996.98
QQQ   325.42
pixel
pixel
S&P 500   3,841.47
DOW   30,996.98
QQQ   325.42
pixel
pixel
S&P 500   3,841.47
DOW   30,996.98
QQQ   325.42
pixel
pixel
S&P 500   3,841.47
DOW   30,996.98
QQQ   325.42
pixel
pixel
Log in
NASDAQ:CARG

CarGurus Stock Forecast, Price & News

$31.41
-0.48 (-1.51 %)
(As of 01/22/2021 12:00 AM ET)
Add
Compare
Today's Range
$30.87
Now: $31.41
$31.95
50-Day Range
$24.14
MA: $31.25
$34.09
52-Week Range
$14.25
Now: $31.41
$37.57
Volume938,304 shs
Average Volume729,236 shs
Market Capitalization$3.56 billion
P/E Ratio54.16
Dividend YieldN/A
Beta1.99
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. Its marketplace connects dealers to a large audience of informed and engaged consumers. The company operates online marketplaces under the CarGurus brand in Canada, the United Kingdom, Germany, Italy, and Spain; and the PistonHeads online marketplace as an independent brand in the United Kingdom. CarGurus, Inc. was founded in 2005 and is headquartered in Cambridge, Massachusetts.
CarGurus logo

MarketRank

Overall MarketRank

1.46 out of 5 stars

Auto/Tires/Trucks Sector

41st out of 147 stocks

Data Processing & Preparation Industry

25th out of 100 stocks

Analyst Opinion: 1.3Community Rank: 2.5Dividend Strength: 0.0Insider Behavior: 1.7Valuation: 1.9 5 -4 -3 -2 -1 -

Industry, Sector and Symbol

Industry Data processing & preparation
Sub-IndustryN/A
Current SymbolNASDAQ:CARG
CUSIPN/A
Phone617-354-0068
Employees921

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$588.92 million
Cash Flow$0.52 per share
Book Value$2.29 per share

Profitability

Net Income$42.15 million

Miscellaneous

Market Cap$3.56 billion
Next Earnings Date2/11/2021 (Estimated)
OptionableOptionable
$31.41
-0.48 (-1.51 %)
(As of 01/22/2021 12:00 AM ET)
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 CARG and its competitors with MarketBeat's FREE daily newsletter.

speech bubbles
speech bubbles











CarGurus (NASDAQ:CARG) Frequently Asked Questions

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

CarGurus' stock was trading at $20.60 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization. Since then, CARG shares have increased by 52.5% and is now trading at $31.41.
View which stocks have been most impacted by COVID-19
.

Is CarGurus a buy right now?

11 Wall Street analysts have issued "buy," "hold," and "sell" ratings for CarGurus in the last year. There are currently 5 hold ratings and 6 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 MarketBeat's top 5 stock picks.

What stocks does MarketBeat like better than CarGurus?

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

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.

When is CarGurus' next earnings date?

CarGurus is scheduled to release its next quarterly earnings announcement on Thursday, February 11th 2021.
View our earnings forecast for CarGurus
.

How were CarGurus' earnings last quarter?

CarGurus, Inc. (NASDAQ:CARG) posted its quarterly earnings results on Thursday, November, 5th. The company reported $0.37 EPS for the quarter, beating the consensus estimate of $0.22 by $0.15. The firm earned $147.50 million during the quarter, compared to analyst estimates of $135.93 million. CarGurus had a net margin of 11.75% and a trailing twelve-month return on equity of 24.71%. The business's revenue for the quarter was down 2.0% compared to the same quarter last year. During the same period last year, the firm earned $0.14 EPS.
View CarGurus' earnings history
.

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

CarGurus updated its fourth quarter earnings guidance on Thursday, November, 5th. The company provided earnings per share guidance of $0.26-0.28 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $0.09. The company issued revenue guidance of $146.1-149.1 million, compared to the consensus revenue estimate of $138.48 million.

What price target have analysts set for CARG?

11 equities research analysts have issued 12 month price objectives for CarGurus' stock. Their forecasts range from $25.00 to $35.00. On average, they anticipate CarGurus' share price to reach $30.70 in the next year. This suggests that the stock has a possible downside of 2.3%.
View analysts' price targets for CarGurus
or view Wall Street analyst' top-rated stocks.

Who are some of CarGurus' key competitors?

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).

Who are CarGurus' key executives?

CarGurus' management team includes the following people:
  • Mr. E. Langley Steinert, Founder, Chairman & CEO (Age 57, Pay $57.33k)
  • Mr. Samuel Zales, COO & Pres (Age 57, Pay $638.33k)
  • Mr. Jason M. Trevisan, CFO, Pres of International & Treasurer (Age 46, Pay $645.66k)
  • Mr. Kyle Lomeli, Chief Technology Officer (Age 42, Pay $475.22k)
  • Ms. Sarah Welch, Chief Marketing Officer (Age 49, Pay $525.29k)
  • Mr. Rodney Nelson, Director of Investor Relations
  • Ms. Kathleen Bender Patton, Gen. Counsel & Sec. (Age 54)
  • Ms. Carol Chen, VP of Sales Operations
  • Ms. Kristen Kenny, VP of People & Talent
  • Ms. Andrea Lee Eldridge, Chief People Officer (Age 46)

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 many different retail and institutional investors. Top institutional shareholders include Investment House LLC (0.03%). Company insiders that own CarGurus stock 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 institutional ownership trends for CarGurus
.

Which major investors are buying CarGurus stock?

CARG stock was acquired by a variety of institutional investors in the last quarter, including Investment House LLC.
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.

What is CarGurus' stock price today?

One share of CARG stock can currently be purchased for approximately $31.41.

How big of a company is CarGurus?

CarGurus has a market capitalization of $3.56 billion and generates $588.92 million in revenue each year. The company earns $42.15 million in net income (profit) each year or $0.38 on an earnings per share basis. CarGurus employs 921 workers across the globe.

What is CarGurus' official website?

The official website for CarGurus is 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]

This page was last updated on 1/24/2021 by MarketBeat.com Staff

Enter your email address below to receive a concise daily summary of analysts' upgrades, downgrades and new coverage with MarketBeat.com's FREE daily email newsletter.