CarGurus Inc's fundamentals are relatively very healthy, and its growth potential is high.Its valuation is considered fairly valued, ranking 21/482 in the Software & IT Services industry.Institutional ownership is very high.Over the past month, multiple analysts have rated it as Buy, with the highest price target at 40.29.In the medium term, the stock price is expected to remain stable.The company has been performing well in the stock market over the past month, which is supported by its strong fundamentals and technicals.The stock price is trading sideways between the support and resistance levels, making it suitable for range-bound swing trading.
CarGurus Inc's Score
Industry at a Glance
Industry Ranking
21 / 482
Overall Ranking
68 / 4562
Industry
Software & IT Services
Support & Resistance
Relevant data have not been disclosed by the company yet.
Score Analysis
Current score
Previous score
Analyst Rating
Based on
14
analysts
Buy
Current Rating
40.292
Target Price
+13.79%
Upside Space
Data disclaimer: Analyst ratings and target prices are provided by LSEG for informational purposes only and do not constitute investment advice.
CarGurus Inc Highlights
StrengthsRisks
CarGurus, Inc. (CarGurus) offers a multinational, online automotive platform for buying and selling vehicles that offer both digital retail solutions and the CarOffer digital wholesale platform. The CarGurus platform enables consumers to purchase 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. It operates through two segments: U.S. Marketplace and Digital Wholesale. The U.S. Marketplace segment provides marketplace services for customers within the United States. 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 independent brands, the Autolist and PistonHeads online marketplaces in the United States and the United Kingdom.
Fairly Valued
The company’s latest PE is 25.94, at a medium 3-year percentile range.
Institutional Selling
The latest institutional holdings are 87.51M shares, decreasing 0.01% quarter-over-quarter.
CarGurus, Inc. (CarGurus) offers a multinational, online automotive platform for buying and selling vehicles that offer both digital retail solutions and the CarOffer digital wholesale platform. The CarGurus platform enables consumers to purchase 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. It operates through two segments: U.S. Marketplace and Digital Wholesale. The U.S. Marketplace segment provides marketplace services for customers within the United States. 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 independent brands, the Autolist and PistonHeads online marketplaces in the United States and the United Kingdom.
Ticker SymbolCARG
CompanyCarGurus Inc
CEOHallowell (Zachary Emerson)
Websitehttps://www.cargurus.com/
FAQs
What is the current price of CarGurus Inc (CARG)?
The current price of CarGurus Inc (CARG) is 38.540.
What is the symbol of CarGurus Inc?
The ticker symbol of CarGurus Inc is CARG.
What is the 52-week high of CarGurus Inc?
The 52-week high of CarGurus Inc is 41.330.
What is the 52-week low of CarGurus Inc?
The 52-week low of CarGurus Inc is 24.650.
What is the market capitalization of CarGurus Inc?
The market capitalization of CarGurus Inc is 3.70B.
What is the net income of CarGurus Inc?
The net income of CarGurus Inc is 20.97M.
Is CarGurus Inc (CARG) currently rated as Buy, Hold, or Sell?
According to analysts, CarGurus Inc (CARG) has an overall rating of Buy, with a price target of 40.292.
What is the Earnings Per Share (EPS TTM) of CarGurus Inc (CARG)?
The Earnings Per Share (EPS TTM) of CarGurus Inc (CARG) is 1.499.