Cargurus Stock In The News
| CARG Stock | USD 35.83 0.21 0.59% |
Our overall analysis of CarGurus' news coverage and content from conventional and social sources shows investors' bearish mood towards CarGurus. The specific impact of CarGurus news on its stock price will depend on a range of factors, including the nature and significance of the news report and investors' perceptions of CarGurus' overall financial health and prospects. It also depends on the type and quality of a news publisher.
Some academic researchers believe in a strong correlation between financial news and their impacts on the movements of stock prices. Macroaxis does not take a position on this subject and only provides tools that can help investors to time the market using CarGurus headlines in addition to utilizing other, more conventional financial analysis modules. Check out CarGurus Backtesting and CarGurus Hype Analysis. For more detail on how to invest in CarGurus Stock please use our How to Invest in CarGurus guide.
CarGurus |
CarGurus Today Top News and Investor Outlook
CarGurus Past News Timeline
Popular news outlets such as MarketWatch, Bloomberg, or Reuters provide CarGurus and other traded companies coverage with news coverage. We help investors stay connected with CarGurus headlines for the 25th of November to make an informed investment decision based on correlating the impacts of news items on CarGurus Stock performance. Please note that trading solely based on the CarGurus hype is not for everyone as timely availability and quick action are needed to avoid losses.
CarGurus stock price changes are notoriously difficult to predict based exclusively on its news coverage or social hype. Still, the CarGurus earnings-per-share ratio is a good starting point for gauging a company's future prospects. If a firm's EPS rises and meets or even beats consensus forecasts, its shares stand to increase. However, some very sophisticated investors can spot management manipulation of EPS through actions such as buybacks.
Far too much social signal, news, headlines, and media speculation about CarGurus that are available to investors today. That information is available publicly through CarGurus media outlets and privately through word of mouth or via CarGurus internal channels. However, regardless of the origin, that massive amount of CarGurus data is challenging to quantify into actionable patterns, especially for investors that are not very sophisticated with ever-evolving tools and techniques used in the investment management field.
A primary focus of CarGurus news analysis is to determine if its current price reflects all relevant headlines and social signals impacting the current market conditions. A news analyst typically looks at the history of CarGurus relative headlines and hype rather than examining external drivers such as technical or fundamental data. It is believed that price action tends to repeat itself due to investors' collective, patterned thinking related to CarGurus' headlines and news coverage data. This data is often completely overlooked or insufficiently analyzed for actionable insights to drive CarGurus alpha.
CarGurus Largest EPS Surprises
Earnings surprises can significantly impact CarGurus' stock price both in the short term and over time. Negative earnings surprises usually result in a price decline. However, it has been seen that positive earnings surprises lead to an immediate rise in a stock's price and a gradual increase over time. This is why we often hear news about some companies beating earning projections. Financial analysts spend a large amount of time predicting earnings per share (EPS) along with other important future indicators. Many analysts use forecasting models, management guidance, and additional fundamental information to derive an EPS estimate.
| Reported | Fiscal Date | Estimated EPS | Reported EPS | Surprise | |||
|---|---|---|---|---|---|---|---|
2018-08-07 | 2018-06-30 | 0.04 | 0.06 | 0.02 | 50 | ||
2020-02-13 | 2019-12-31 | 0.14 | 0.17 | 0.03 | 21 | ||
2019-08-06 | 2019-06-30 | 0.07 | 0.1 | 0.03 | 42 | ||
2019-02-28 | 2018-12-31 | 0.08 | 0.11 | 0.03 | 37 | ||
2018-11-07 | 2018-09-30 | 0.05 | 0.08 | 0.03 | 60 | ||
2024-05-09 | 2024-03-31 | 0.28 | 0.32 | 0.04 | 14 |
CarGurus Stock Latest Headlines
Some academic researchers believe in a strong correlation between financial news and their impacts on the movements of stock prices. Macroaxis does not take a position on this subject and only provides tools that can help investors to time the market using conventional financial analysis. Below is the latest headlines and news related to CarGurus Stock. Current markets are strongly bullish. About 75% of major world exchanges and indexes are currently up. See today's market update for more information.
21st of November 2024
Online Marketplace Stocks Q3 In Review CarGurus Vs Peers at finance.yahoo.com
19th of November 2024
Are You Looking for a Top Momentum Pick Why CarGurus is a Great Choice at zacks.com
14th of November 2024
ArrowMark Colorado Holdings LLC Adjusts Stake in Ranpak Holdings Corp at gurufocus.com
12th of November 2024
CarGurus to Present at RBC Capital Markets 2024 Global Technology, Internet, Media and Tel... at globenewswire.com
11th of November 2024
CarGurus, Inc. Q3 2024 Earnings Call Transcript at insidermonkey.com
8th of November 2024
CarGurus shares target gets a boost on strong dealer ROI at investing.com
4th of November 2024
CarGurus Latest Digital Retail Solution Connects Canadian Dealers with Purchase-Ready Shop... at finance.yahoo.com
3rd of October 2024
Q2 Earnings Outperformers Remitly And The Rest Of The Online Marketplace Stocks at finance.yahoo.com
9th of September 2024
Online Marketplace Stocks Q2 Teardown Sea Vs The Rest at finance.yahoo.com
CarGurus Investors Sentiment
The influence of CarGurus' investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in CarGurus. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock market does not have solid backing from leading economists and market statisticians.
Investor biases related to CarGurus' public news can be used to forecast risks associated with an investment in CarGurus. The trend in average sentiment can be used to explain how an investor holding CarGurus can time the market purely based on public headlines and social activities around CarGurus. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
CarGurus' market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for CarGurus' and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average CarGurus' news discussions. The higher the estimated score, the more favorable is the investor's outlook on CarGurus.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards CarGurus in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, CarGurus' short interest history, or implied volatility extrapolated from CarGurus options trading.
Check out CarGurus Backtesting and CarGurus Hype Analysis. For more detail on how to invest in CarGurus Stock please use our How to Invest in CarGurus guide.You can also try the Instant Ratings module to determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance.
Is Interactive Media & Services space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of CarGurus. If investors know CarGurus will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about CarGurus listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 0.265 | Earnings Share (0.45) | Revenue Per Share 8.361 | Quarterly Revenue Growth 0.054 | Return On Assets 0.0563 |
The market value of CarGurus is measured differently than its book value, which is the value of CarGurus that is recorded on the company's balance sheet. Investors also form their own opinion of CarGurus' value that differs from its market value or its book value, called intrinsic value, which is CarGurus' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because CarGurus' market value can be influenced by many factors that don't directly affect CarGurus' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between CarGurus' value and its price as these two are different measures arrived at by different means. Investors typically determine if CarGurus is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, CarGurus' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.