CarGurus (CARG) Stock Price, News & Analysis

Company Overview

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.

Key Stats

• Today's Range: $28.10 to $28.77
• 50-Day Range: $25.19 to $37.59
• 52-Week Range: $21.65 to $41.33
• Volume: 484,615 shs
• Average Volume: 859,474 shs
• Market Capitalization: $2.96 billion
• P/E Ratio: 157.45
• Dividend Yield: N/A
• Price Target: $37.14
• Consensus Rating: Moderate Buy

CarGurus Stock Analysis - MarketRank™

CarGurus scored higher than 87% of companies evaluated by MarketBeat, and ranked 27th out of 86 stocks in the auto/tires/trucks sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 4.4 / 5
• Analyst Rating: Moderate Buy

Consensus Rating

CarGurus has received a consensus rating of Moderate Buy. The company's average rating score is 2.82, and is based on 7 buy ratings, 3 hold ratings, and no sell ratings.

Amount of Analyst Coverage

CarGurus has been the subject of 5 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

Earnings and Valuation

• Score: 1.9 / 5
• Proj. Earnings Growth: 43.97%

Earnings Growth

Earnings for CarGurus are expected to grow by 43.97% in the coming year, from $1.41 to $2.03 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of CarGurus is 157.45, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 21.76.

Price to Earnings Ratio vs. Sector

The P/E ratio of CarGurus is 157.45, 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 16.76.

Price to Earnings Growth Ratio

CarGurus has a PEG Ratio of 1.72. PEG Ratios above 1 indicate that a company could be overvalued.

Price to Book Value per Share Ratio

CarGurus has a P/B Ratio of 4.97. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

Short Interest

• Score: 1.0 / 5
• Short Interest Level: Bearish

Percentage of Shares Shorted

8.49% of the float of CarGurus has been sold short.

Short Interest Ratio / Days to Cover

CarGurus has a short interest ratio ("days to cover") of 5.7.

Change versus previous month

Short interest in CarGurus has recently increased by 0.14%, indicating that investor sentiment is decreasing.

Dividend

• Score: 0.0 / 5
• Dividend Strength: N/A

Dividend Yield

CarGurus does not currently pay a dividend.

Dividend Growth

CarGurus does not have a long track record of dividend growth.

Sustainability and ESG

• Score: 0.8 / 5
• Environmental Score: -3.32

Percentage of Shares Shorted

8.49% of the float of CarGurus has been sold short.

Short Interest Ratio / Days to Cover

CarGurus has a short interest ratio ("days to cover") of 5.7.

Change versus previous month

Short interest in CarGurus has recently increased by 0.14%, indicating that investor sentiment is decreasing.

News and Social Media

• Score: 2.9 / 5
• News Sentiment: 1.19

News Sentiment

CarGurus has a news sentiment score of 1.19. 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 0.72 average news sentiment score of Auto/Tires/Trucks companies.

News Coverage This Week

MarketBeat has tracked 13 news articles for CarGurus this week, compared to 8 articles on an average week.

MarketBeat Follows

Only 1 people have added CarGurus to their MarketBeat watchlist in the last 30 days. This is a decrease of -75% compared to the previous 30 days.

Company Ownership

• Score: 3.3 / 5
• Insider Trading: Selling Shares

Insider Buying vs. Insider Selling

In 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 $1,392,156.00 in company stock.

Percentage Held by Insiders

17.20% 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 Institutions

86.90% of the stock of CarGurus is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

CARG Stock Analysis - Frequently Asked Questions

How have CARG shares performed this year?

CarGurus' stock was trading at $36.54 on January 1st, 2025. Since then, CARG stock has decreased by 22.4% and is now trading at $28.34.
View the best growth stocks for 2025 here.

How were CarGurus' earnings last quarter?

CarGurus, Inc. (NASDAQ:CARG) issued its quarterly earnings data on Thursday, February, 20th. The company reported $0.44 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.50 by $0.06. The business had revenue of $228.54 million for the quarter, compared to analyst estimates of $231.72 million. CarGurus had a net margin of 2.34% and a trailing twelve-month return on equity of 27.14%.
Read the conference call transcript.

When did CarGurus IPO?

CarGurus (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.

Who are CarGurus' major shareholders?

Top institutional investors of CarGurus include Fort Washington Investment Advisors Inc. OH (0.90%), Bessemer Group Inc. (0.70%), Principal Financial Group Inc. (0.46%) and Rhumbline Advisers (0.23%). Insiders that own company stock include Jason Trevisan, Samuel Zales, Matthew Todd Quinn, Zachary Emerson Hallowell, Andrea Lee Eldridge, Javier Esquivel Zamora and Dafna Sarnoff.
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.

What other stocks do shareholders of CarGurus own?

Based on aggregate information from My MarketBeat watchlists, some other companies that CarGurus investors own include American Water Works (AWK), Waste Connections (WCN), AUO (AUOTY), Humana (HUM), The RMR Group (RMR), DiamondRock Hospitality (DRH) and Voyager Therapeutics (VYGR).

Company Calendar

• Last Earnings: 2/20/2025
• Today: 4/28/2025
• Next Earnings (Estimated): 5/08/2025
• Fiscal Year End: 12/31/2025

Industry, Sector and Symbol

• Stock Exchange: NASDAQ
• Sector: Auto/Tires/Trucks
• Industry: Data processing & preparation
• Sub-Industry: Business Services
• Current Symbol: NASDAQ:CARG
• CIK: 1494259
• Web: www.cargurus.com
• Phone: (617) 354-0068
• Fax: N/A
• Employees: 1,200
• Year Founded: N/A

Price Target and Rating

• Average Stock Price Target: $37.14
• High Stock Price Target: $45.00
• Low Stock Price Target: $27.00
• Potential Upside/Downside: +31.0%
• Consensus Rating: Moderate Buy
• Rating Score (0-4): 2.82
• Research Coverage: 11 Analysts

Profitability

• EPS (Most Recent Fiscal Year): $0.18
• Trailing P/E Ratio: 157.45
• Forward P/E Ratio: 20.10
• P/E Growth: 1.72
• Net Income: $31.10 million
• Net Margins: 2.34%
• Pretax Margin: -5.30%
• Return on Equity: 27.14%
• Return on Assets: 16.99%

Debt

• Debt-to-Equity Ratio: N/A
• Current Ratio: 2.95
• Quick Ratio: 2.95

Sales & Book Value

• Annual Sales: $894.38 million
• Price / Sales: 3.31
• Cash Flow: $0.78 per share
• Price / Cash Flow: 36.30
• Book Value: $5.70 per share
• Price / Book: 4.97

Miscellaneous

• Outstanding Shares: 104,416,000
• Free Float: 85,870,000
• Market Cap: $2.96 billion
• Optionable: Optionable
• Beta: 1.46