CarGurus Financials

CARG Stock  USD 35.62  0.11  0.31%   
Based on the key indicators related to CarGurus' liquidity, profitability, solvency, and operating efficiency, CarGurus may be sliding down financialy. It has an above-average probability of going through some form of financial hardship next quarter. At this time, CarGurus' Property Plant And Equipment Net is most likely to increase significantly in the upcoming years. The CarGurus' current Current Deferred Revenue is estimated to increase to about 22.4 M, while Other Current Liabilities is forecasted to increase to (3.5 M). Key indicators impacting CarGurus' financial strength include:
Current ValueLast YearChange From Last Year 10 Year Trend
Debt Equity Ratio0.02850.0199
Way Up
Slightly volatile
Current Ratio3.043.3964
Moderately Down
Pretty Stable
Investors should never underestimate CarGurus' ability to pay suppliers on time, ensure interest payments are not accumulating, and correctly time where and how to reinvest extra cash. Individual investors need to monitor CarGurus' cash flow, debt, and profitability to make informed and accurate decisions about investing in CarGurus.

Net Income

52.27 Million

  
Understanding current and past CarGurus Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of CarGurus' financial statements are interrelated, with each one affecting the others. For example, an increase in CarGurus' assets may result in an increase in income on the income statement.

CarGurus Earnings Geography

CarGurus Stock Summary

CarGurus competes with KAR Auction, Kingsway Financial, Driven Brands, Group 1, and Sonic Automotive. CarGurus, Inc. operates an online automotive marketplace connecting buyers and sellers of new and used cars in the United States and internationally. CarGurus, Inc. was founded in 2005 and is headquartered in Cambridge, Massachusetts. Cargurus Inc operates under Internet Content Information classification in the United States and is traded on NASDAQ Exchange. It employs 1203 people.
Specialization
Communication Services, Auto & Truck Dealerships
InstrumentUSA Stock View All
ExchangeNASDAQ Exchange
ISINUS1417881091
CUSIP141788109
LocationMassachusetts; U.S.A
Business Address1001 Boylston Street,
SectorInteractive Media & Services
IndustryCommunication Services
BenchmarkDow Jones Industrial
Websitewww.cargurus.com
Phone617 354 0068
CurrencyUSD - US Dollar

CarGurus Key Financial Ratios

CarGurus Key Balance Sheet Accounts

201920202021202220232024 (projected)
Total Assets393.6M502.3M931.6M927.1M918.9M525.1M
Other Current Liab18.3M1.3M50.4M24.4M(3.7M)(3.5M)
Other Liab2.2M3.4M23.7M5.4M6.2M8.6M
Net Tangible Assets237.7M333.6M437.4M560.8M645.0M677.2M
Net Debt9.7M(120.4M)(161.2M)(403.1M)(97.0M)(101.8M)
Retained Earnings51.9M129.4M129.3M323.0M354.1M371.9M
Accounts Payable36.7M21.6M66.2M32.5M47.9M35.4M
Cash59.9M190.3M231.9M469.5M291.4M178.0M
Other Assets67.6M102.8M33.4M62.2M71.6M44.2M
Net Receivables22.1M18.2M189.3M46.8M40.0M43.4M
Capital Surpluse205.2M242.2M387.9M413.1M475.1M498.8M
Other Current Assets5.0M23.4M32.2M35.8M38.8M40.8M
Total Liab136.8M128.7M251.9M155.7M302.1M317.2M
Total Current Assets219.0M332.0M563.1M557.4M391.2M314.0M
Common Stock111K112K113K118K108K106.7K
Inventory20.2M(100M)19.7M5.3M331K347.6K
Net Invested Capital256.9M373.6M516.8M734.6M616.9M443.1M
Net Working Capital145.2M265.4M392.4M458.6M276.0M280.2M

CarGurus Key Income Statement Accounts

201920202021202220232024 (projected)
Tax Provision(3.4M)21.6M39.0M32.4M32.8M34.4M
Interest Income3.0M1.1M120K3.8M15.7M16.5M
Interest Expense4.4M1.4M37K3.8M4.4M4.6M
Total Revenue588.9M551.5M951.4M1.7B914.2M700.2M
Gross Profit552.6M508.7M657.4M657.6M651.5M493.7M
Operating Income34.3M97.8M148.3M108.5M32.6M57.0M
Ebit34.3M82.5M149.4M111.4M51.7M58.0M
Research Development69.5M85.7M106.4M123.8M146.2M76.0M
Ebitda42.1M104.6M200.0M167.8M112.0M83.5M
Cost Of Revenue36.3M42.7M294.0M997.5M262.8M206.5M
Income Before Tax38.7M99.1M149.4M111.4M51.7M60.9M
Net Income42.1M77.6M109.2M84.4M31.1M52.3M
Income Tax Expense(3.4M)21.6M39.0M32.4M29.6M31.1M
Net Interest Income3.0M1.1M120K3.8M15.7M16.5M

CarGurus Key Cash Accounts

201920202021202220232024 (projected)
Change To Inventory305K10.4M(17.3M)14.4M2.0M2.1M
Investments11.1M11.7M10M90M(119.8M)(113.9M)
Change In Cash33.2M130.2M47.4M235.9M(190.2M)(180.7M)
Free Cash Flow55.9M149.2M84.4M238.8M83.3M84.6M
Depreciation7.8M11.3M40.5M45.3M48.5M50.9M
Other Non Cash Items8.8M13.6M16.7M13.3M12.2M8.7M
Capital Expenditures14.2M7.5M13.9M17.3M41.2M43.3M
Net Income42.1M77.6M110.4M79.0M22.1M21.0M
End Period Cash Flow70.7M200.9M248.3M484.1M293.9M185.7M
Change To Netincome31.0M69.3M63.7M34.8M40.0M25.9M
Change Receivables(9.6M)3.9M(174.8M)153.0M175.9M184.7M

CarGurus Financial Ratios Relationships

Comparative valuation techniques use various fundamental indicators to help in determining CarGurus's current stock value. Our valuation model uses many indicators to compare CarGurus value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across CarGurus competition to find correlations between indicators driving CarGurus's intrinsic value. More Info.
CarGurus is rated third in return on equity category among its peers. It is number one stock in return on asset category among its peers . At this time, CarGurus' Return On Equity is most likely to increase slightly in the upcoming years. Comparative valuation analysis is a catch-all technique that is used if you cannot value CarGurus by discounting back its dividends or cash flows. It compares the stock's price multiples to nearest competition to determine if the stock is relatively undervalued or overvalued.

CarGurus Systematic Risk

CarGurus' systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. CarGurus volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was twelve with a total number of output elements of fourty-nine. The Beta measures systematic risk based on how returns on CarGurus correlated with the market. If Beta is less than 0 CarGurus generally moves in the opposite direction as compared to the market. If CarGurus Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one CarGurus is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of CarGurus is generally in the same direction as the market. If Beta > 1 CarGurus moves generally in the same direction as, but more than the movement of the benchmark.
Today, most investors in CarGurus Stock are looking for potential investment opportunities by analyzing not only static indicators but also various CarGurus' growth ratios. Consistent increases or decreases in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's growth growth rates may not be enough to decide which company is a better investment. That's why investors frequently use static breakdown of CarGurus growth as a starting point in their analysis.

Price Earnings To Growth Ratio

(1.14)

At this time, CarGurus' Price Earnings To Growth Ratio is most likely to slightly decrease in the upcoming years.

CarGurus November 25, 2024 Opportunity Range

Along with financial statement analysis, the daily predictive indicators of CarGurus help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of CarGurus. We use our internally-developed statistical techniques to arrive at the intrinsic value of CarGurus based on widely used predictive technical indicators. In general, we focus on analyzing CarGurus Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build CarGurus's daily price indicators and compare them against related drivers.

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When running CarGurus' price analysis, check to measure CarGurus' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy CarGurus is operating at the current time. Most of CarGurus' value examination focuses on studying past and present price action to predict the probability of CarGurus' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move CarGurus' price. Additionally, you may evaluate how the addition of CarGurus to your portfolios can decrease your overall portfolio volatility.
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