CarGurus Stock Price, News & Analysis (NASDAQ:CARG)

$31.92 -0.83 (-2.53 %)
(As of 02/23/2018 01:35 AM ET)
Previous Close$32.75
Today's Range$31.45 - $32.80
52-Week Range$25.85 - $36.81
Volume76,850 shs
Average Volume181,871 shs
Market Capitalization$3.50 billion
P/E RatioN/A
Dividend YieldN/A
BetaN/A

About CarGurus (NASDAQ:CARG)

CarGurus logoCarGurus, Inc. is an online automotive marketplace connecting buyers and sellers of new and used cars. Using proprietary technology, search algorithms, and data analytics. The Company's marketplace empowers users with unbiased third-party validation on pricing and dealer reputation as well as other information that aids them in finding Great Deals from Great Dealers. In addition to the United States, the Company operates online marketplaces in Canada, the United Kingdom, and Germany. The Company's products include Consumer Marketplace, Dealer Marketplace, Dealer Dashboard, Dealer Advertising and Customer Acquisition Products, Auto Manufacturer and Other Advertiser Products.

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Industry, Sector and Symbol

Industry Internet Services
Sub-IndustryN/A
SectorAuto/Tires/Trucks
SymbolNASDAQ:CARG
CUSIPN/A
Phone617-354-0068

Debt

Debt-to-Equity RatioN/A
Current Ratio2.57%
Quick Ratio2.57%

Price-To-Earnings

Trailing P/E RatioN/A
Forward P/E RatioN/A
P/E GrowthN/A

Sales & Book Value

Annual SalesN/A
Price / SalesN/A
Cash FlowN/A
Price / CashN/A
Book ValueN/A
Price / BookN/A

Profitability

Trailing EPSN/A
Net IncomeN/A
Net MarginsN/A
Return on EquityN/A
Return on AssetsN/A

Miscellaneous

Employees514
Outstanding Shares106,090,000

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) announced its quarterly earnings results on Tuesday, November, 14th. The company reported $0.02 earnings per share for the quarter. The firm had revenue of $83 million for the quarter, compared to the consensus estimate of $79.23 million. CarGurus's revenue for the quarter was up 56.3% compared to the same quarter last year. View CarGurus' Earnings History.

Where is CarGurus' stock going? Where will CarGurus' stock price be in 2018?

5 Wall Street analysts have issued twelve-month price targets for CarGurus' shares. Their predictions range from $25.00 to $34.00. On average, they anticipate CarGurus' stock price to reach $29.50 in the next twelve months. View Analyst Ratings for CarGurus.

Who are some of CarGurus' key competitors?

Who are CarGurus' key executives?

CarGurus' management team includes the folowing people:

  • Langley Steinert, Chief Executive Officer, Founder
  • , Bio & Compensation - 
  • Jason Trevisan, Chief Financial Officer
  • , Bio & Compensation - 
  • Sam Zales, Chief Operating Officer
  • , Bio & Compensation - 
  • Marty Blue, Senior Vice President - Business Development
  • , Bio & Compensation - 
  • Tom Caputo, Senior Vice President - Products
  • , Bio & Compensation - 

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.

When does CarGurus' lock-up period expire?

CarGurus' lock-up period expires on Tuesday, April 10th. CarGurus had issued 9,400,000 shares in its IPO on October 12th. The total size of the offering was $150,400,000 based on an initial share price of $16.00. After the expiration of CarGurus' lock-up period, restrictions preventing company insiders and major shareholders from selling shares in the company will be lifted.

Who owns CarGurus stock?

CarGurus' stock is owned by many different of retail and institutional investors. Top institutional shareholders include Spinnaker Capital LLC (12.92%), Bollard Group LLC (10.01%), The Manufacturers Life Insurance Company (3.15%), Abdiel Capital Advisors LP (0.24%), Clearbridge Investments LLC (0.21%) and Geode Capital Management LLC (0.17%). Company insiders that own CarGurus stock include Argonaut 22 Llc, David Lambert Parker, Langley Steinert and Oliver Ian Chrzan. View Institutional Ownership Trends for CarGurus.

Who bought CarGurus stock? Who is buying CarGurus stock?

CarGurus' stock was bought by a variety of institutional investors in the last quarter, including Spinnaker Capital LLC, Bollard Group LLC, The Manufacturers Life Insurance Company , Abdiel Capital Advisors LP, Clearbridge Investments LLC, Geode Capital Management LLC, ArrowMark Colorado Holdings LLC and HBK Investments L P. View Insider Buying and Selling for CarGurus.

How do I buy CarGurus stock?

Shares of CarGurus 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 CarGurus stock can currently be purchased for approximately $31.92.

How big of a company is CarGurus?

CarGurus has a market capitalization of $3.50 billion. CarGurus employs 514 workers across the globe.

How can I contact CarGurus?

CarGurus' mailing address is 2 CANAL PARK 4TH FLOOR, 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 (CARG)

Community Ranking:  2.5 out of 5 (star star half star)
Outperform Votes:  54 (Vote Outperform)
Underperform Votes:  56 (Vote Underperform)
Total Votes:  110
MarketBeat's community ratings are surveys of what our community members think about CarGurus and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.

Analyst Ratings

CarGurus (NASDAQ:CARG) Analysts' Consensus Rating

  (How are Consensus Ratings Calculated?)
Today30 Days Ago90 Days Ago180 Days Ago
Consensus Rating: HoldHoldHoldN/A
Consensus Rating Score: 2.202.202.20N/A
Ratings Breakdown: 0 Sell Rating(s)
4 Hold Rating(s)
1 Buy Rating(s)
0 Strong Buy Rating(s)
0 Sell Rating(s)
4 Hold Rating(s)
1 Buy Rating(s)
0 Strong Buy Rating(s)
0 Sell Rating(s)
4 Hold Rating(s)
1 Buy Rating(s)
0 Strong Buy Rating(s)
0 Sell Rating(s)
0 Hold Rating(s)
0 Buy Rating(s)
0 Strong Buy Rating(s)
Consensus Price Target: $29.50$29.50$29.50N/A
Price Target Upside: 1.07% downside1.07% downside1.07% downsideN/A

CarGurus (NASDAQ:CARG) Consensus Price Target History

Price Target History for CarGurus (NASDAQ:CARG)

CarGurus (NASDAQ:CARG) Analyst Ratings History

Show:
DateBrokerageActionRatingPrice TargetImpact on Share PriceDetails
11/15/2017Royal Bank of CanadaReiterated RatingSector Perform -> Sector Perform$33.00 -> $34.00N/AView Rating Details
11/6/2017William BlairInitiated CoverageSell -> OutperformN/AView Rating Details
11/6/2017Raymond James FinancialInitiated CoverageMkt Perform -> Market PerformN/AView Rating Details
11/6/2017JMP SecuritiesInitiated CoverageMkt Perform -> Market PerformN/AView Rating Details
11/6/2017Goldman Sachs GroupInitiated CoverageNeutral -> Neutral$25.00N/AView Rating Details
(Data available from 2/23/2016 forward)

Earnings

CarGurus (NASDAQ:CARG) Earnings History and Estimates Chart

Earnings by Quarter for CarGurus (NASDAQ:CARG)

CarGurus (NASDAQ CARG) Earnings History by Quarter

DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
11/14/2017Q3 2017$0.02$79.23 million$83.00 millionViewN/AView Earnings Details
(Earnings results data provided by Zacks Investment Research)

Estimates

CarGurus (NASDAQ:CARG) Earnings Estimates

2018 EPS Consensus Estimate: $0.11
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20181$0.02$0.02$0.02
Q2 20181$0.02$0.02$0.02
Q3 20181$0.03$0.03$0.03
Q4 20181$0.04$0.04$0.04
(Earnings estimates data provided by Zacks Investment Research)

Dividends

Dividend History for CarGurus (NASDAQ:CARG)


No dividend announcements for this company have been tracked by MarketBeat.com

Insider Trades

CarGurus (NASDAQ CARG) Insider Trading and Institutional Ownership History

Institutional Ownership Percentage: 36.26%
Insider Trades by Quarter for CarGurus (NASDAQ:CARG)
Institutional Ownership by Quarter for CarGurus (NASDAQ:CARG)

CarGurus (NASDAQ CARG) Insider Trades by Quarter

Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionShares Held After TransactionDetails
10/16/2017Argonaut 22 LlcMajor ShareholderSell1,523,000$14.88$22,662,240.00View SEC Filing  
10/16/2017David Lambert ParkerDirectorSell269,871$14.88$4,015,680.48View SEC Filing  
10/16/2017Langley SteinertCEOSell3,390,524$14.88$50,450,997.12View SEC Filing  
10/16/2017Oliver Ian ChrzanVPSell270,793$14.88$4,029,399.84View SEC Filing  
(Data available from 1/1/2013 forward)

Headlines

CarGurus (NASDAQ CARG) News Headlines

Source:
DateHeadline
Zacks: Brokerages Expect CarGurus Inc (CARG) Will Post Quarterly Sales of $86.09 MillionZacks: Brokerages Expect CarGurus Inc (CARG) Will Post Quarterly Sales of $86.09 Million
www.americanbankingnews.com - February 21 at 11:00 AM
CarGurus to Report Fourth Quarter and Full Year 2017 Financial ResultsCarGurus to Report Fourth Quarter and Full Year 2017 Financial Results
finance.yahoo.com - February 20 at 9:16 AM
CarGurus Inc (CARG) Expected to Post Earnings of $0.01 Per ShareCarGurus Inc (CARG) Expected to Post Earnings of $0.01 Per Share
www.americanbankingnews.com - February 19 at 3:18 AM
CarGurus Inc (CARG) Given Average Recommendation of "Hold" by AnalystsCarGurus Inc (CARG) Given Average Recommendation of "Hold" by Analysts
www.americanbankingnews.com - February 17 at 5:30 AM
CarGurus to Present at Goldman Sachs Technology & Internet ConferenceCarGurus to Present at Goldman Sachs Technology & Internet Conference
finance.yahoo.com - February 9 at 9:02 AM
CarGurus Receives Two "Highest Rated" DrivingSales Dealer Satisfaction AwardsCarGurus Receives Two "Highest Rated" DrivingSales Dealer Satisfaction Awards
finance.yahoo.com - February 8 at 4:33 PM
CarGurus Hires Wendy Harris as Vice President of European SalesCarGurus Hires Wendy Harris as Vice President of European Sales
finance.yahoo.com - February 7 at 9:02 AM
$0.01 Earnings Per Share Expected for CarGurus Inc (CARG) This Quarter$0.01 Earnings Per Share Expected for CarGurus Inc (CARG) This Quarter
www.americanbankingnews.com - February 2 at 3:12 AM
CarGurus (CARG) Lifted to Hold at BidaskClubCarGurus (CARG) Lifted to Hold at BidaskClub
www.americanbankingnews.com - January 27 at 3:58 PM
Head-To-Head Comparison: CarGurus (CARG) & Tucows (TCX)Head-To-Head Comparison: CarGurus (CARG) & Tucows (TCX)
www.americanbankingnews.com - January 25 at 5:16 PM
CarGurus Inc (CARG) Given Average Rating of "Hold" by AnalystsCarGurus Inc (CARG) Given Average Rating of "Hold" by Analysts
www.americanbankingnews.com - January 23 at 5:06 AM
CarGurus (CARG) and Cars.com (CARS) Head-To-Head AnalysisCarGurus (CARG) and Cars.com (CARS) Head-To-Head Analysis
www.americanbankingnews.com - January 22 at 7:24 PM
Zacks: Analysts Anticipate CarGurus Inc (CARG) Will Post Quarterly Sales of $86.09 MillionZacks: Analysts Anticipate CarGurus Inc (CARG) Will Post Quarterly Sales of $86.09 Million
www.americanbankingnews.com - January 18 at 10:40 AM
CarGurus (CARG) Lowered to Hold at Zacks Investment ResearchCarGurus (CARG) Lowered to Hold at Zacks Investment Research
www.americanbankingnews.com - January 15 at 8:56 PM
Yelp (YELP) and CarGurus (CARG) Critical SurveyYelp (YELP) and CarGurus (CARG) Critical Survey
www.americanbankingnews.com - January 10 at 3:08 AM
Zacks Investment Research Lowers CarGurus (CARG) to HoldZacks Investment Research Lowers CarGurus (CARG) to Hold
www.americanbankingnews.com - January 9 at 8:12 PM
CarGurus to Present at 20th Annual Needham Growth ConferenceCarGurus to Present at 20th Annual Needham Growth Conference
finance.yahoo.com - January 9 at 8:51 AM
CarGurus (CARG) Rating Increased to Buy at Zacks Investment ResearchCarGurus (CARG) Rating Increased to Buy at Zacks Investment Research
www.americanbankingnews.com - January 8 at 7:52 PM
CarGurus (CARG) Downgraded to "Sell" at BidaskClubCarGurus (CARG) Downgraded to "Sell" at BidaskClub
www.americanbankingnews.com - December 29 at 11:56 AM
CarGurus Inc (CARG) Receives Average Rating of "Hold" from BrokeragesCarGurus Inc (CARG) Receives Average Rating of "Hold" from Brokerages
www.americanbankingnews.com - December 29 at 8:32 AM
Cargurus, Inc. – Value Analysis (NASDAQ:CARG) : December 26, 2017Cargurus, Inc. – Value Analysis (NASDAQ:CARG) : December 26, 2017
finance.yahoo.com - December 28 at 5:20 PM
Zacks: CarGurus Inc (CARG) Given Consensus Recommendation of "Hold" by AnalystsZacks: CarGurus Inc (CARG) Given Consensus Recommendation of "Hold" by Analysts
www.americanbankingnews.com - December 28 at 1:38 AM
CarGurus (CARG) & Its Peers Head-To-Head ReviewCarGurus (CARG) & Its Peers Head-To-Head Review
www.americanbankingnews.com - December 25 at 5:30 PM
Cargurus, Inc. breached its 50 day moving average in a Bullish Manner : CARG-US : December 25, 2017Cargurus, Inc. breached its 50 day moving average in a Bullish Manner : CARG-US : December 25, 2017
finance.yahoo.com - December 25 at 7:40 AM
Here are the most valuable tech startups in MassachusettsHere are the most valuable tech startups in Massachusetts
www.bizjournals.com - December 24 at 8:28 AM
Critical Analysis: CarGurus (CARG) & Its PeersCritical Analysis: CarGurus (CARG) & Its Peers
www.americanbankingnews.com - December 24 at 5:15 AM
CarGurus, Inc. (CARG) Short Interest Up 79.9% in NovemberCarGurus, Inc. (CARG) Short Interest Up 79.9% in November
www.americanbankingnews.com - December 14 at 3:10 AM
 CarGurus, Inc. (CARG) Given Average Rating of "Hold" by Brokerages CarGurus, Inc. (CARG) Given Average Rating of "Hold" by Brokerages
www.americanbankingnews.com - December 13 at 7:54 AM
Head-To-Head Comparison: Shutterstock (SSTK) vs. CarGurus (CARG)Head-To-Head Comparison: Shutterstock (SSTK) vs. CarGurus (CARG)
www.americanbankingnews.com - December 9 at 1:18 PM
CarGurus, Inc. (CARG)CarGurus, Inc. (CARG)
finance.yahoo.com - December 5 at 5:54 PM
Comparing CarGurus (CARG) & Angies List (ANGI)Comparing CarGurus (CARG) & Angie's List (ANGI)
www.americanbankingnews.com - December 4 at 11:52 AM
CarGurus, Inc. (CARG) Sees Significant Growth in Short InterestCarGurus, Inc. (CARG) Sees Significant Growth in Short Interest
www.americanbankingnews.com - November 29 at 2:08 AM
CarGurus (CARG) vs. Its Peers Head-To-Head AnalysisCarGurus (CARG) vs. Its Peers Head-To-Head Analysis
www.americanbankingnews.com - November 27 at 3:18 AM
Zacks: CarGurus, Inc. (CARG) Given $34.00 Average Target Price by AnalystsZacks: CarGurus, Inc. (CARG) Given $34.00 Average Target Price by Analysts
www.americanbankingnews.com - November 26 at 9:34 AM
FY2017 Earnings Forecast for CarGurus, Inc. (CARG) Issued By William BlairFY2017 Earnings Forecast for CarGurus, Inc. (CARG) Issued By William Blair
www.americanbankingnews.com - November 17 at 9:44 PM
Is CarGurus Inc (CARG) An Industry Laggard Or Leader?Is CarGurus Inc (CARG) An Industry Laggard Or Leader?
finance.yahoo.com - November 16 at 12:24 PM
CarGurus Races to New High on Strong Q3 ResultsCarGurus Races to New High on Strong Q3 Results
finance.yahoo.com - November 16 at 12:24 PM
CarGurus, Inc. (CARG) Releases Quarterly  Earnings ResultsCarGurus, Inc. (CARG) Releases Quarterly Earnings Results
www.americanbankingnews.com - November 15 at 12:55 PM
CarGurus, Inc. (CARG) Receives Sector Perform Rating from Royal Bank Of CanadaCarGurus, Inc. (CARG) Receives Sector Perform Rating from Royal Bank Of Canada
www.americanbankingnews.com - November 15 at 9:56 AM
CarGurus Announces Third Quarter 2017 Financial ResultsCarGurus Announces Third Quarter 2017 Financial Results
finance.yahoo.com - November 14 at 5:27 PM
CarGurus, Inc. (CARG) Releases Q4 Earnings GuidanceCarGurus, Inc. (CARG) Releases Q4 Earnings Guidance
www.americanbankingnews.com - November 14 at 5:22 PM
CarGurus, Inc.s (CARG) Quiet Period Will End  on November 21stCarGurus, Inc.'s (CARG) Quiet Period Will End on November 21st
www.americanbankingnews.com - November 14 at 1:02 AM
Head to Head Survey: CarGurus (CARG) vs. Bitauto Holdings Limited (BITA)Head to Head Survey: CarGurus (CARG) vs. Bitauto Holdings Limited (BITA)
www.americanbankingnews.com - November 12 at 2:18 PM
Zacks: CarGurus, Inc. (CARG) Given $33.00 Average Price Target by BrokeragesZacks: CarGurus, Inc. (CARG) Given $33.00 Average Price Target by Brokerages
www.americanbankingnews.com - November 11 at 11:46 PM
Brokers Offer Predictions for CarGurus, Inc.s Q3 2017 Earnings (CARG)Brokers Offer Predictions for CarGurus, Inc.'s Q3 2017 Earnings (CARG)
www.americanbankingnews.com - November 8 at 9:36 AM
Zacks: CarGurus, Inc. (CARG) Given Consensus Recommendation of "Hold" by AnalystsZacks: CarGurus, Inc. (CARG) Given Consensus Recommendation of "Hold" by Analysts
www.americanbankingnews.com - November 7 at 10:58 AM
CarGurus, Inc. (CARG) Coverage Initiated by Analysts at William BlairCarGurus, Inc. (CARG) Coverage Initiated by Analysts at William Blair
www.americanbankingnews.com - November 6 at 11:38 AM
CarGurus, Inc. (CARG) Now Covered by Analysts at Raymond James Financial, Inc.CarGurus, Inc. (CARG) Now Covered by Analysts at Raymond James Financial, Inc.
www.americanbankingnews.com - November 6 at 11:38 AM
CarGurus, Inc. (CARG) Earns Sector Perform Rating from Analysts at Royal Bank Of CanadaCarGurus, Inc. (CARG) Earns Sector Perform Rating from Analysts at Royal Bank Of Canada
www.americanbankingnews.com - November 6 at 9:58 AM
CarGurus, Inc. (CARG) Coverage Initiated by Analysts at JMP SecuritiesCarGurus, Inc. (CARG) Coverage Initiated by Analysts at JMP Securities
www.americanbankingnews.com - November 6 at 9:58 AM

SEC Filings

CarGurus (NASDAQ:CARG) SEC Filings

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Social Media

Financials

CarGurus (NASDAQ:CARG) Income Statement, Balance Sheet and Cash Flow Statement

Chart

CarGurus (NASDAQ CARG) Stock Chart for Friday, February, 23, 2018

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This page was last updated on 2/23/2018 by MarketBeat.com Staff

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