CarGurus/CARG

13:30
15:10
16:45
18:25
20:00
1D1W1MYTD1YMAX

About CarGurus

CarGurus, Inc. (CarGurus) is a multinational, online automotive platform for buying and selling vehicles that offers both digital retail solutions and the CarOffer digital wholesale platform. The CarGurus platform enables consumers to buy and/or sell a vehicle either online or in-person, and it gives dealerships the power to accurately price, instantly acquire, effectively market, and quickly sell vehicles, all with a nationwide reach. The Company operates through two segments: U.S. Marketplace and Digital Wholesale. The U.S. Marketplace segment provides marketplace services for customers within the United States. The Digital Wholesale segment provides Dealer-to-Dealer and Instant Max Cash Offer (IMCO) services and products which are sold on the CarOffer platform. The Company operates online marketplaces under the CarGurus brand in Canada and the United Kingdom. It also operates the Autolist and PistonHeads online marketplaces in the United States and the United Kingdom.

Ticker

CARG

Sector

Technology

Trading on

NASDAQ

Industry

Business Services

CEO

Langley Steinert

Employees

1,343

Headquarters

Cambridge, United States

CarGurus Metrics

BasicAdvanced
$2.5B
Market cap
75.53
P/E ratio
$0.32
EPS
1.55
Beta
-
Dividend rate
$2.5B
1.55035
$24.98
$16.71
989K
2.784
2.781
3.28%
5.74%
3.82%
75.526
2.809
4.476
6.474
61.99
-38.34%
-83.57%
18.35%
-26.33%

What the Analysts think about CarGurus

Analyst Ratings

Majority rating from 14 analysts.
Buy

CarGurus Financial Performance

Income StatementBalance sheetCash Flow

Income Statement

Revenues and expenses
9.87% profit margin
QuarterlyAnnual
Q1 24
QoQ growth
Revenue
$216M
-3.32%
Net income
$21M
-218.99%
Profit margin
9.87%
-223.07%

CarGurus Earnings Performance

Earnings per share (EPS)

Company profitability
Beat by 15.35%
QuarterlyAnnual
Q2 23
Q3 23
Q4 23
Q1 24
Q2 24
Actual
$0.29
$0.34
$0.35
$0.32
-
Expected
$0.23
$0.26
$0.34
$0.28
$0.33
Surprise
23.54%
30.31%
4.09%
15.35%
-
Data displayed above is indicative only and its accuracy or completeness is not guaranteed. Actual execution price may vary. Past performance is not indicative of future results. Your return may be affected by currency fluctuations and applicable fees and charges. Capital at risk.
Real time US market data is a consolidated feed of IEX, NYSE National, NYSE Chicago, Nasdaq BX and Nasdaq PSX order books provided by Polygon. Fundamental data, financials and analyst ratings are sourced from Refinitiv.
Market closedNon-fractional

Upcoming events

No upcoming events

FAQs

What’s the current market cap for CarGurus stock?

CarGurus (CARG) has a market cap of $2.5B as of June 20, 2024.

What is the P/E ratio for CarGurus stock?

The price to earnings (P/E) ratio for CarGurus (CARG) stock is 75.53 as of June 20, 2024.

Does CarGurus stock pay dividends?

No, CarGurus (CARG) stock does not pay dividends to its shareholders as of June 20, 2024.

When is the next CarGurus dividend payment date?

CarGurus (CARG) stock does not pay dividends to its shareholders.

What is the beta indicator for CarGurus?

CarGurus (CARG) has a beta rating of 1.55. This means that it is more volatile than the market, on average. A beta of 1 would indicate the stock moves in-line with the market, while a beta of 2 would indicate the stock moves twice as much as the market.

What is the CarGurus stock price target?

The target price for CarGurus (CARG) stock is $26.09, which is NaN% below the current price of $. This is an average based on projections from 11 analysts, and represents their view of what the stock price could be in 12 or 18 months. This should not be seen as investment advice - Lightyear does not carry out investment research.

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