CarGurus New Brand Campaign, Your Car, Your Way, Captures the Elusive Experience of Having Everything Go Your Way
| CARG Stock | USD 37.87 0.05 0.13% |
Roughly 53% of CarGurus' investor base is interested to short. The analysis of overall sentiment of trading CarGurus stock suggests that many investors are impartial at this time. The current market sentiment, together with CarGurus' historical and current headlines, can help investors time the market. In addition, many technical investors use CarGurus stock news signals to limit their universe of possible portfolio assets.
CarGurus |
CAMBRIDGE, Mass., Jan. 03, 2024 -- CarGurus , the No. 1 visited digital auto platform for shopping, buying, and selling new and used vehicles1, today released its new brand campaign,
Read at benzinga.com
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CarGurus Fundamental Analysis
We analyze CarGurus' financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of CarGurus using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of CarGurus based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Shares Owned By Insiders
Shares Owned By Insiders Comparative Analysis
CarGurus is currently under evaluation in shares owned by insiders category among its peers. Shares Owned by Insiders show the percentage of outstanding shares owned by insiders (such as principal officers or members of the board of directors) or private individuals and entities with over 5% of the total shares outstanding. Company executives or private individuals with access to insider information share information about a firm's operations that is not available to the general public.
CarGurus Potential Pair-trading
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with CarGurus stock to make a market-neutral strategy. Peer analysis of CarGurus could also be used in its relative valuation, which is a method of valuing CarGurus by comparing valuation metrics with similar companies.
Peers
CarGurus Related Equities
| ABG | Asbury Automotive | 2.00 | ||||
| DRVN | Driven Brands | 0.77 | ||||
| AN | AutoNation | 0.58 | ||||
| PAG | Penske Automotive | 0.55 | ||||
| GPI | Group 1 | 0.47 | ||||
| CARS | Cars | 0.40 | ||||
| SAH | Sonic Automotive | 0.26 | ||||
| KFS | Kingsway Financial | 0.11 | ||||
| LAD | Lithia Motors | 0.10 | ||||
| RUSHA | Rush Enterprises | 0.1 | ||||
| KAR | KAR Auction | 0.59 |
Complementary Tools for CarGurus Stock analysis
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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