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CarGurus (CARG)

NASDAQ
Currency in USD
38.36
-0.02(-0.05%)
Closed
After Hours
37.46-0.90(-2.35%)
CARG Scorecard
Full Analysis
Management has been aggressively buying back shares
Trading near 52-week High
Fair Value
Day's Range
38.1639.10
52 wk Range
21.1839.10
Key Statistics
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Prev. Close
38.38
Open
38.6
Day's Range
38.16-39.1
52 wk Range
21.18-39.1
Volume
712.58K
Average Volume (3m)
635.48K
1-Year Change
80.61%
Book Value / Share
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Fair Value
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Fair Value Upside
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CARG Scorecardpro icon
Company’s Health
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Fair Value
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Fair Pricepro lock
Upsidepro lock
Price Target
38.27
Downside
-0.23%
Members' Sentiments
Bearish
Bullish
ProTips
Holds more cash than debt on its balance sheet
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CarGurus Company Profile

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 Boston, Massachusetts.

Employees
1343

CarGurus SWOT Analysis


Marketplace Momentum
CarGurus' core marketplace business shows robust growth, with expanding dealer base and increased adoption of value-added products driving revenue
CarOffer Conundrum
Explore the challenges and potential turnaround strategies for CarGurus' underperforming CarOffer segment, and its impact on overall company valuation
Innovation Engine
Delve into CarGurus' product innovations, including Next Best Deal Rating and Digital Deal, and their role in enhancing user experience and revenue diversification
Market Outlook
Analyst price targets range from $30 to $42, reflecting cautious optimism amid stabilizing automotive industry trends and CarGurus' strategic positioning
Read full SWOT analysis
CARG Full Pro Research
Institutional-Grade Stock Analysis
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Financial health at a glance
Bearish and bullish outlooks
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CarGurus Earnings Call Summary for Q2/2024

  • Q1 revenue down 7% YoY to $216M; marketplace revenue up 12% to $187M due to subscription growth
  • Non-GAAP consolidated adjusted EBITDA increased 24% YoY, highest Q1 EBITDA margin in 3 years
  • Q2 revenue forecast: $202M-$222M; marketplace revenue expected to grow 11-13% YoY
  • Wholesale revenue dropped 36% YoY; product revenue decreased 69% YoY
  • Over 6,000 dealers adopted digital deals; new services piloted including Top Dealer Offers and CG Buy Online
Last Updated: 11/05/2024, 06:24 am
Read Full Transcript

Compare CARG to Peers and Sector

Metrics to compare
CARG
Peers
Sector
Relationship
P/E Ratio
−81.8x35.9x4.8x
PEG Ratio
0.51−0.030.01
Price/Book
8.2x2.3x1.8x
Price / LTM Sales
4.5x1.8x1.4x
Upside (Analyst Target)
3.1%23.0%22.0%
Fair Value Upside
Unlock24.2%13.6%Unlock

Analysts' Recommendations

10 Buy
3 Hold
1 Sell
Ratings:
13 analysts
Overall Consensus
Buy

Analysts 12-Month Price Target:

Average 38.27

(-0.24% Downside)

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FAQ

What Is the CarGurus (CARG) Stock Price Today?

The CarGurus stock price today is 38.36

What Stock Exchange Does CarGurus Trade On?

CarGurus is listed and trades on the NASDAQ stock exchange.

What Is the Stock Symbol for CarGurus?

The stock symbol for CarGurus is "CARG."

What Is the CarGurus Market Cap?

As of today, CarGurus market cap is 3.98B.

What is CarGurus Earnings Per Share?

The CarGurus EPS is -0.458.

What Is the Next CarGurus Earnings Date?

CarGurus will release its next earnings report on 25 Feb 2025.

From a Technical Analysis Perspective, Is CARG a Buy or Sell?

Based on moving averages and other technical indicators, the daily buy/sell signal is Strong Buy.
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