CarGurus/CARG

$22.47

-5.94%
-
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

1,403

Headquarters

Cambridge, United States

CarGurus Metrics

BasicAdvanced
$2.68B
Market cap
15.21
P/E ratio
$1.57
EPS
1.59
Beta
-
Dividend rate

What the Analysts think about CarGurus

Analyst Ratings

Majority rating from 14 analysts.
Buy

Price Targets

Average projection from 12 analysts.
8.68% upside
High $28.00
Low $15.00
$22.47
Current price
$24.42
Average price target

CarGurus Financial Performance

Income StatementBalance sheetCash Flow

Income Statement

Revenues and expenses
10.16% profit margin
QuarterlyAnnual
Q3 23
QoQ growth
Revenue
$219.4M
-8.47%
Net income
$22.3M
35.98%
Profit margin
10.16%
48.54%

CarGurus Earnings Performance

Earnings per share (EPS)

Company profitability
Beat by 4.09%
QuarterlyAnnual
Q1 23
Q2 23
Q3 23
Q4 23
Q1 24
Actual
$0.26
$0.29
$0.34
$0.35
-
Expected
$0.17
$0.23
$0.26
$0.34
$0.31
Surprise
54.39%
23.54%
30.31%
4.09%
-
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.

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