NASDAQ:CARG CarGurus (CARG) Stock Price, News & Analysis → get a piece of the profit from this land (From True Market Insiders) (Ad) Free CARG Stock Alerts $23.78 -0.02 (-0.08%) (As of 05/17/2024 ET) Add Compare Share Share Today's Range$23.68▼$24.0350-Day Range$21.22▼$24.9652-Week Range$16.70▼$24.98Volume747,561 shsAverage Volume847,586 shsMarket Capitalization$2.55 billionP/E Ratio84.93Dividend YieldN/APrice Target$25.77 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSocial MediaSustainabilityStock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSocial MediaSustainability Get CarGurus alerts: Email Address CarGurus MarketRank™ Stock AnalysisAnalyst RatingModerate Buy2.60 Rating ScoreUpside/Downside8.4% Upside$25.77 Price TargetShort InterestBearish8.42% of Float Sold ShortDividend StrengthN/ASustainability-3.32Upright™ Environmental ScoreNews Sentiment0.72Based on 16 Articles This WeekInsider TradingSelling Shares$2.96 M Sold Last QuarterProj. Earnings Growth18.09%From $0.94 to $1.11 Per ShareSee Full Details Hide Full Details Overall MarketRank™New Rank-Based ScoringMarketRank™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.3.91 out of 5 starsAuto/Tires/Trucks Sector23rd out of 81 stocksData Processing & Preparation Industry13th out of 57 stocks 2.3 Analyst's Opinion Consensus RatingCarGurus has received a consensus rating of Moderate Buy. The company's average rating score is 2.60, and is based on 6 buy ratings, 4 hold ratings, and no sell ratings.Amount of Analyst CoverageCarGurus has been the subject of 7 research reports in the past 90 days, demonstrating strong analyst interest in this stock.Read more about CarGurus' stock forecast and price target. Previous Next 2.0 Short Interest Percentage of Shares Shorted8.42% of the float of CarGurus has been sold short.Short Interest Ratio / Days to CoverCarGurus has a short interest ratio ("days to cover") of 6.3.Change versus previous monthShort interest in CarGurus has recently decreased by 3.89%, indicating that investor sentiment is improving. Previous Next 0.0 Dividend Strength Dividend YieldCarGurus does not currently pay a dividend.Dividend GrowthCarGurus does not have a long track record of dividend growth. Previous Next 0.8 Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreCarGurus has received a -62.31% net impact score from Upright. The largest negative impact of CarGurus in category "GHG emissions" seems to be driven mostly by its "Digital marketplaces for used cars", "Online retail of new diesel passenger cars", and "Online retail of new gasoline passenger cars" products. See details.Environmental SustainabilityThe Environmental Impact score for CarGurus is -3.32. Previous Next 3.7 News and Social Media Coverage News SentimentCarGurus has a news sentiment score of 0.72. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.45 average news sentiment score of Auto/Tires/Trucks companies.News Coverage This WeekMarketBeat has tracked 16 news articles for CarGurus this week, compared to 7 articles on an average week.Search Interest2 people have searched for CARG on MarketBeat in the last 30 days. This is an increase of 100% compared to the previous 30 days.MarketBeat Follows1 people have added CarGurus to their MarketBeat watchlist in the last 30 days. Previous Next 3.3 Company Ownership Insider Buying vs. Insider SellingIn the past three months, CarGurus insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $2,960,272.00 in company stock.Percentage Held by Insiders15.70% of the stock of CarGurus is held by insiders. A high percentage of insider ownership can be a sign of company health.Percentage Held by Institutions86.90% of the stock of CarGurus is held by institutions. High institutional ownership can be a signal of strong market trust in this company.Read more about CarGurus' insider trading history. Previous Next 2.5 Earnings and Valuation Earnings GrowthEarnings for CarGurus are expected to grow by 18.09% in the coming year, from $0.94 to $1.11 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of CarGurus is 84.93, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 130.05.Price to Earnings Ratio vs. SectorThe P/E ratio of CarGurus is 84.93, which means that it is trading at a more expensive P/E ratio than the Auto/Tires/Trucks sector average P/E ratio of about 10.90.Price to Earnings Growth RatioCarGurus has a PEG Ratio of 1.44. PEG Ratios above 1 indicate that a company could be overvalued.Price to Book Value per Share RatioCarGurus has a P/B Ratio of 4.50. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.Read more about CarGurus' valuation and earnings. Previous Next See Top Rated MarketRank™ Stocks Here Ad Crypto 101 MediaShocking $16T Elon Musk Crypto LeakReports of a leaked meeting between Elon Musk and staff at X.com could send shockwaves through the crypto market. Musk revealed a "mind-blowing" plan to take over the global payment system. In his own words, the world's richest man said "you won't need a bank account." Prominent voices in crypto believe what comes next will mirror a crypto mass adoption similar to the one that triggered bitcoin's last bull run.Click here now to get your copy. About CarGurus Stock (NASDAQ:CARG)CarGurus, Inc. operates an online automotive platform for buying and selling vehicles in the United States and internationally. It operates through two segments, U.S. Marketplace and Digital Wholesale. The company provides an online automotive marketplace where customers can search for new and used car listings from its dealers and sell their car to dealers and other consumers; and paid listings subscriptions for enhanced access to its marketplace that connects dealers to a large audience of informed and engaged consumers. It also offers dealer and non-dealer advertising products for its websites and social media platforms. The company operates online marketplaces under the CarGurus brand in the United States, Canada, and the United Kingdom; Autolist and CarOffer brands in the United States; and PistonHeads brand in the United Kingdom. The company was formerly known as CarGurus LLC and changed its name to CarGurus, Inc. in June 2015. CarGurus, Inc. was founded in 2005 and is headquartered in Cambridge, Massachusetts.Read More CARG Stock Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart CARG Stock News HeadlinesMay 18 at 9:34 AM | insidertrades.comCarGurus, Inc. (NASDAQ:CARG) COO Sells $436,929.64 in StockMay 19 at 5:46 AM | americanbankingnews.comSamuel Zales Sells 17,668 Shares of CarGurus, Inc. (NASDAQ:CARG) StockMay 15, 2024 | finance.yahoo.comDirector Greg Schwartz Sells 12,500 Shares of CarGurus Inc (CARG)May 15, 2024 | americanbankingnews.comCarGurus (NASDAQ:CARG) Price Target Increased to $25.50 by Analysts at DA DavidsonMay 14, 2024 | markets.businessinsider.comAnalysts Offer Insights on Consumer Cyclical Companies: CarGurus (CARG) and Funko (FNKO)May 14, 2024 | msn.comUsed car prices held flat in April 2024 while payments increasedMay 13, 2024 | finance.yahoo.comCarGurus Stock Sees Relative Strength Rating Speed Up To 80May 13, 2024 | americanbankingnews.comNeedham & Company LLC Boosts CarGurus (NASDAQ:CARG) Price Target to $25.00May 12, 2024 | americanbankingnews.comCarGurus (NASDAQ:CARG) PT Raised to $27.00 at Royal Bank of CanadaMay 12, 2024 | americanbankingnews.comCarGurus (NASDAQ:CARG) PT Raised to $29.00May 11, 2024 | uk.finance.yahoo.comCarGurus Inc (CARG) Q1 2024 Earnings: Surpasses Analyst Net Income Expectations with Robust GrowthMay 11, 2024 | americanbankingnews.comCarGurus (NASDAQ:CARG) Shares Gap Up After Analyst UpgradeMay 11, 2024 | msn.comNumber of cars with a manual gearbox HALVES in last decadeMay 10, 2024 | finance.yahoo.comCarGurus, Inc. (NASDAQ:CARG) Q1 2024 Earnings Call TranscriptMay 10, 2024 | globenewswire.comCarGurus to Present at the J.P. Morgan 52nd Annual Global Technology, Media and Communications ConferenceMay 9, 2024 | investorplace.comCARG Stock Earnings: CarGurus Beats EPS, Misses Revenue for Q1 2024May 9, 2024 | seekingalpha.comCarGurus, Inc. 2024 Q1 - Results - Earnings Call PresentationMay 9, 2024 | msn.comCarGurus Non-GAAP EPS of $0.32 beats by $0.04, revenue of $215.8M misses by $1.01MMay 9, 2024 | finance.yahoo.comCarGurus's (NASDAQ:CARG) Q1 Earnings Results: Revenue In Line With Expectations But Quarterly Guidance UnderwhelmsMay 9, 2024 | globenewswire.comCarGurus Announces First Quarter 2024 ResultsMay 8, 2024 | uk.finance.yahoo.comEarnings To Watch: CarGurus (CARG) Reports Q1 Results TomorrowMay 7, 2024 | msn.comManual cars may be near extinction in five years as new models halveMay 7, 2024 | msn.comManual cars may be near extinction in five years as the number of new models halvesMay 6, 2024 | msn.comYou Bought the House but Still Get Zillow Alerts: The Joy of Savoring a Good CallMay 4, 2024 | msn.com10 Turbocharged 4-Cylinder Cars Proven To Last 200,000 MilesSee More Headlines Receive CARG Stock 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. Email Address Company Calendar Last Earnings2/26/2024Today5/18/2024Next Earnings (Estimated)8/14/2024Fiscal Year End12/31/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNASDAQ SectorAuto/Tires/Trucks Industry Data processing & preparation Sub-IndustryN/A Current SymbolNASDAQ:CARG CUSIPN/A CIK1494259 Webwww.cargurus.com Phone(617) 354-0068FaxN/AEmployees1,343Year FoundedN/APrice Target and Rating Average Stock Price Target$25.77 High Stock Price Target$30.00 Low Stock Price Target$15.00 Potential Upside/Downside+8.4%Consensus RatingModerate Buy Rating Score (0-4)2.60 Research Coverage10 Analysts Profitability EPS (Most Recent Fiscal Year)$0.28 Trailing P/E Ratio84.93 Forward P/E Ratio25.30 P/E Growth1.44Net Income$31.10 million Net Margins4.04% Pretax Margin7.01% Return on Equity8.80% Return on Assets5.90% Debt Debt-to-Equity RatioN/A Current Ratio2.78 Quick Ratio2.78 Sales & Book Value Annual Sales$914.24 million Price / Sales2.79 Cash Flow$1.03 per share Price / Cash Flow22.98 Book Value$5.29 per share Price / Book4.50Miscellaneous Outstanding Shares107,440,000Free Float90,571,000Market Cap$2.55 billion OptionableOptionable Beta1.57 13 Stocks Institutional Investors Won't Stop BuyingWhich stocks are major institutional investors including hedge funds and endowments buying in today's market? Click the link below and we'll send you MarketBeat's list of thirteen stocks that institutional investors are buying up as quickly as they can.Get This Free Report Key ExecutivesMr. E. Langley Steinert (Age 60)Founder & Executive Chairman Comp: $10kMr. Jason M. Trevisan (Age 49)CEO & Director Comp: $1.19MKey CompetitorsAdientNYSE:ADNTEVERTECNYSE:EVTCDorman ProductsNASDAQ:DORMPolestar Automotive Holding UKNASDAQ:PSNYLCI IndustriesNYSE:LCIIView All CompetitorsInsiders & InstitutionsComerica BankSold 3,895 shares on 5/17/2024Ownership: 0.033%Walleye Trading LLCSold 900 shares on 5/17/2024Ownership: 0.000%Samuel ZalesSold 17,668 sharesTotal: $436,929.64 ($24.73/share)California State Teachers Retirement SystemSold 2,609 shares on 5/16/2024Ownership: 0.081%Janus Henderson Group PLCSold 95,342 shares on 5/16/2024Ownership: 0.041%View All Insider TransactionsView All Institutional Transactions CARG Stock Analysis - Frequently Asked Questions Should I buy or sell CarGurus stock right now? 10 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for CarGurus in the last twelve months. There are currently 4 hold ratings and 6 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "moderate buy" CARG shares. View CARG analyst ratings or view top-rated stocks. What is CarGurus' stock price target for 2024? 10 analysts have issued 12-month price targets for CarGurus' shares. Their CARG share price targets range from $15.00 to $30.00. On average, they anticipate the company's share price to reach $25.77 in the next twelve months. This suggests a possible upside of 8.4% from the stock's current price. View analysts price targets for CARG or view top-rated stocks among Wall Street analysts. How have CARG shares performed in 2024? CarGurus' stock was trading at $24.16 at the beginning of the year. Since then, CARG shares have decreased by 1.6% and is now trading at $23.78. View the best growth stocks for 2024 here. When is CarGurus' next earnings date? The company is scheduled to release its next quarterly earnings announcement on Wednesday, August 14th 2024. View our CARG earnings forecast. How were CarGurus' earnings last quarter? CarGurus, Inc. (NASDAQ:CARG) announced its earnings results on Monday, February, 26th. The company reported $0.35 earnings per share for the quarter, beating the consensus estimate of $0.34 by $0.01. The company earned $223.12 million during the quarter, compared to analyst estimates of $220.05 million. CarGurus had a trailing twelve-month return on equity of 8.80% and a net margin of 4.04%. The company's revenue was down 22.2% compared to the same quarter last year. During the same period in the previous year, the firm earned $0.25 EPS. What ETFs hold CarGurus' stock? ETFs with the largest weight of CarGurus (NASDAQ:CARG) stock in their portfolio include Invesco S&P SmallCap Utilities & Communication Services ETF (PSCU), SPDR S&P Internet ETF (XWEB), WisdomTree Growth Leaders Fund (PLAT), AlphaMark Actively Managed Small Cap ETF (SMCP), AdvisorShares Alpha DNA Equity Sentiment ETF (SENT), Invesco S&P SmallCap Quality ETF (XSHQ), Invesco S&P SmallCap 600 Pure Growth ETF (RZG) and Hartford Longevity Economy ETF (HLGE). What guidance has CarGurus issued on next quarter's earnings? CarGurus updated its second quarter 2024 earnings guidance on Thursday, May, 9th. The company provided earnings per share (EPS) guidance of 0.290-0.340 for the period, compared to the consensus EPS estimate of 0.300. The company issued revenue guidance of $202.0 million-$222.0 million, compared to the consensus revenue estimate of $224.5 million. What is Jason Trevisan's approval rating as CarGurus' CEO? 56 employees have rated CarGurus Chief Executive Officer Jason Trevisan on Glassdoor.com. Jason Trevisan has an approval rating of 80% among the company's employees. 81.0% of employees surveyed would recommend working at CarGurus to a friend. 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? CarGurus (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. Who are CarGurus' major shareholders? CarGurus' stock is owned by a variety of retail and institutional investors. Top institutional shareholders include Vanguard Group Inc. (9.49%), Raymond James & Associates (0.49%), Principal Financial Group Inc. (0.46%), Gagnon Securities LLC (0.40%), Nordea Investment Management AB (0.29%) and Allspring Global Investments Holdings LLC (0.28%). Insiders that own company stock include Anastasios Parafestas, Andrea Lee Eldridge, Bin Zhou, Dafna Sarnoff, Javier Esquivel Zamora, John G Connors, Kathleen Bender Patton, Langley Steinert, Larry M Hutchison, Peter Maag, Samuel Zales, Sarah Amory Welch, Scot Christopher Fredo, Scott T Mikuen, Thomas Michael Caputo and Yann Bruno Gellot. View institutional ownership trends. How do I buy shares of CarGurus? Shares of CARG stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. Compare Top Brokerages Here. This page (NASDAQ:CARG) was last updated on 5/19/2024 by MarketBeat.com Staff From Our PartnersBuy this small stock before coming AI Tidal WaveChaikin AnalyticsCEO of Biggest AI Chipmaker Just Dropped a Bombshell…Banyan Hill PublishingDems have chosen Biden replacement?Paradigm PressForget Bitcoin: This $8 Stock Is the Next Big ThingBehind the MarketsShocking $16T Elon Musk Crypto LeakCrypto 101 MediaExposed: 10 CENT Crypto to Explode May 20th?True Market InsidersA letter is coming from the "Bureau of the Fiscal Service".Stansberry ResearchHow Biden has already won 2024Porter & Company Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. 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