Cargurus Stock Today

CARG Stock  USD 35.62  0.11  0.31%   

Performance

15 of 100

 
Weak
 
Strong
Good

Odds Of Distress

Less than 6

 
High
 
Low
Low
CarGurus is trading at 35.62 as of the 25th of November 2024. This is a 0.31 percent down since the beginning of the trading day. The stock's lowest day price was 35.52. CarGurus has only a 6 % chance of going through financial distress over the next few years and had a good performance during the last 90 days. Note, on October 24, 2022, Representative Lois Frankel of US Congress acquired under $15k worth of CarGurus's common stock.
Business Domain
Media & Entertainment
IPO Date
12th of October 2017
Category
Consumer Cyclical
Classification
Communication Services
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. The company has 87.95 M outstanding shares of which 5.49 M shares are currently shorted by private and institutional investors with about 12.35 trading days to cover. More on CarGurus

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CarGurus Stock Highlights

ESG Sustainability
Environmental
Governance
Social
Treasurer CEOJason Trevisan
Business ConcentrationInteractive Media & Services, Auto & Truck Dealerships, Communication Services, SP Small-Cap 600, NASDAQ Composite, Communication Services, Interactive Media & Services, Internet Content & Information, Communication Services (View all Sectors)
Average Analyst Recommendation
Financial Strength
Current ValueLast YearChange From Last Year 10 Year Trend
Asset Turnover1.610.9949
Way Up
Very volatile
Gross Profit Margin0.910.7126
Significantly Up
Slightly volatile
Total Current Liabilities82.7 M115.2 M
Way Down
Slightly volatile
Non Current Liabilities Total196.2 M186.9 M
Sufficiently Up
Slightly volatile
Total Assets525.1 M918.9 M
Way Down
Slightly volatile
Total Current Assets314 M391.2 M
Significantly Down
Slightly volatile
Total Cash From Operating Activities99.7 M124.5 M
Significantly Down
Slightly volatile
Debt Levels
CarGurus can leverage the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand CarGurus' financial leverage. It provides some insight into what part of CarGurus' total assets is financed by creditors.
Liquidity
CarGurus currently holds 194.39 M in liabilities with Debt to Equity (D/E) ratio of 0.09, which may suggest the company is not taking enough advantage from borrowing. CarGurus has a current ratio of 3.98, suggesting that it is liquid enough and is able to pay its financial obligations when due. Note, when we think about CarGurus' use of debt, we should always consider it together with its cash and equity.

Investments

(113.85 Million)
CarGurus (CARG) is traded on NASDAQ Exchange in USA. It is located in 1001 Boylston Street, Boston, MA, United States, 02115 and employs 1,343 people. CarGurus is listed under Interactive Media & Services category by Fama And French industry classification. The company currently falls under 'Mid-Cap' category with a current market capitalization of 3.69 B. CarGurus conducts business under Interactive Media & Services sector and is part of Communication Services industry. The entity has 87.95 M outstanding shares of which 5.49 M shares are currently shorted by private and institutional investors with about 12.35 trading days to cover. CarGurus currently holds about 404.43 M in cash with 124.53 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 3.4.
Check CarGurus Probability Of Bankruptcy
Ownership Allocation
CarGurus holds a total of 87.95 Million outstanding shares. The majority of CarGurus outstanding shares are owned by other corporate entities. These outside corporations are usually referred to as non-private investors looking to acquire positions in CarGurus to benefit from reduced commissions. Consequently, institutional investors are subject to a different set of regulations than regular investors in CarGurus. Please pay attention to any change in the institutional holdings of CarGurus as this could imply that something significant has changed or is about to change at the company. On October 24, 2022, Representative Lois Frankel of US Congress acquired under $15k worth of CarGurus's common stock.
Check CarGurus Ownership Details

CarGurus Stock Institutional Holders

InstituionRecorded OnShares
Vitruvian Partners2024-06-30
1.4 M
Thrivent Financial For Lutherans2024-09-30
1.3 M
Fort Washington Investment Advisors Inc2024-09-30
1.2 M
Prevatt Capital Ltd2024-06-30
1.1 M
Select Equity Group Lp2024-09-30
1.1 M
Charles Schwab Investment Management Inc2024-09-30
M
Sunriver Management Llc2024-09-30
M
Northern Trust Corp2024-09-30
893 K
Glenmede Trust Co Na2024-09-30
780 K
Blackrock Inc2024-06-30
12.7 M
Vanguard Group Inc2024-09-30
9.5 M
View CarGurus Diagnostics

CarGurus Historical Income Statement

At this time, CarGurus' Depreciation And Amortization is most likely to increase significantly in the upcoming years. The CarGurus' current Interest Expense is estimated to increase to about 4.6 M, while Total Revenue is projected to decrease to roughly 700.2 M. View More Fundamentals

CarGurus Stock Against Markets

CarGurus Corporate Management

Andrea EldridgeChief OfficerProfile
Elisa PalazzoPrincipal OfficerProfile
Dafna SarnoffChief OfficerProfile
Javier ZamoraGeneral SecretaryProfile
Brad RosenfeldExecutive CommercializationProfile
Kirndeep SinghVP RelationsProfile
When determining whether CarGurus is a strong investment it is important to analyze CarGurus' competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact CarGurus' future performance. For an informed investment choice regarding CarGurus Stock, refer to the following important reports:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in CarGurus. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area.
For more detail on how to invest in CarGurus Stock please use our How to Invest in CarGurus guide.
You can also try the Piotroski F Score module to get Piotroski F Score based on the binary analysis strategy of nine different fundamentals.
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.