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

$30.63 0.53 (1.76 %)
(As of 12/15/2017 04:00 PM ET)
Previous Close$30.63
Today's Range$29.88 - $30.76
52-Week Range$25.85 - $35.42
Volume633,674 shs
Average Volume226,144 shs
Market Capitalization$3.19 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) released its quarterly earnings data 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 analyst estimates of $79.23 million. CarGurus's revenue for the quarter was up 56.3% on a year-over-year basis. View CarGurus' Earnings History.

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

CarGurus issued an update on its fourth quarter earnings guidance on Tuesday, November, 14th. The company provided earnings per share (EPS) guidance of $0.01-0.02 for the period, compared to the Thomson Reuters consensus EPS estimate of $0.01. The company issued revenue guidance of $85-86 million, compared to the consensus revenue estimate of $82.48 million.

Where is CarGurus' stock going? Where will CarGurus' stock price be in 2017?

5 brokerages have issued 1 year price targets for CarGurus' shares. Their predictions range from $25.00 to $34.00. On average, they expect CarGurus' share price to reach $29.50 in the next twelve months. View Analyst Ratings for CarGurus.

Are investors shorting CarGurus?

CarGurus saw a increase in short interest in the month of November. As of November 30th, there was short interest totalling 3,246,967 shares, an increase of 79.9% from the November 15th total of 1,805,360 shares. Based on an average trading volume of 278,686 shares, the days-to-cover ratio is currently 11.7 days. Approximately 9.3% of the shares of the company are sold short.

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
  • Jason Trevisan, Chief Financial Officer
  • Sam Zales, Chief Operating Officer
  • Marty Blue, Senior Vice President - Business Development
  • Tom Caputo, Senior Vice President - Products

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.

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 initial public offering on October 12th. The total size of the offering was $150,400,000 based on an initial share price of $16.00. After the end of CarGurus' lock-up period, company insiders and major shareholders will be able to sell their shares of the company.

Who owns CarGurus stock?

CarGurus' stock is owned by a variety of of institutional and retail investors. Top institutional investors include ALLEN & COMPANY LLC (7.30%). 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.

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 $30.63.

How big of a company is CarGurus?

CarGurus has a market capitalization of $3.19 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:  2.2 out of 5 (star star)
Outperform Votes:  25 (Vote Outperform)
Underperform Votes:  31 (Vote Underperform)
Total Votes:  56
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: HoldHoldN/AN/A
Consensus Rating Score: 2.202.20N/AN/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)
0 Hold Rating(s)
0 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$29.50N/AN/A
Price Target Upside: 1.07% downside1.07% downsideN/AN/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 12/16/2015 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
(Data available from 1/1/2011 forward)

Estimates

CarGurus (NASDAQ:CARG) Earnings Estimates

2017 EPS Consensus Estimate: $0.01
2018 EPS Consensus Estimate: $0.11
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q3 20171$0.00$0.00$0.00
Q4 20171$0.01$0.01$0.01
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
(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

Insider Trades by Quarter for CarGurus (NASDAQ:CARG)

CarGurus (NASDAQ CARG) Insider Trades by Quarter

Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal 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
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
CarGurus to Report Third Quarter 2017 Financial ResultsCarGurus to Report Third Quarter 2017 Financial Results
finance.yahoo.com - November 1 at 5:39 PM
Luxury auto brands are scrambling to avoid a Blue U.S. ChristmasLuxury auto brands are scrambling to avoid a Blue U.S. Christmas
finance.yahoo.com - November 1 at 5:39 PM
These 11 Massachusetts tech startups raised $190M in OctoberThese 11 Massachusetts tech startups raised $190M in October
www.bizjournals.com - October 31 at 6:07 PM
CarGurus Inc (CARG) CEO Langley Steinert Sells 3,390,524 SharesCarGurus Inc (CARG) CEO Langley Steinert Sells 3,390,524 Shares
www.americanbankingnews.com - October 18 at 8:56 PM
Insider Selling: CarGurus Inc (CARG) Major Shareholder Sells 1,523,000 Shares of StockInsider Selling: CarGurus Inc (CARG) Major Shareholder Sells 1,523,000 Shares of Stock
www.americanbankingnews.com - October 18 at 7:22 PM
Insider Selling: CarGurus Inc (CARG) Director Sells 269,871 Shares of StockInsider Selling: CarGurus Inc (CARG) Director Sells 269,871 Shares of Stock
www.americanbankingnews.com - October 18 at 7:22 PM
Oliver Ian Chrzan Sells 270,793 Shares of CarGurus Inc (CARG) StockOliver Ian Chrzan Sells 270,793 Shares of CarGurus Inc (CARG) Stock
www.americanbankingnews.com - October 18 at 7:22 PM
CarGurus (CARG) Announces October 12th IPOCarGurus (CARG) Announces October 12th IPO
www.americanbankingnews.com - September 30 at 12:26 PM

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 Saturday, December, 16, 2017

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This page was last updated on 12/16/2017 by MarketBeat.com Staff

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