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CarGurus, Inc is an internet content & information business based in the US. CarGurus shares (CARG) are listed on the NASDAQ and all prices are listed in US Dollars. CarGurus employs 921 staff and has a trailing 12-month revenue of around USD$561 million.
Since the stock market crash in March caused by coronavirus, CarGurus's share price has had significant negative movement.
Its last market close was USD$21.65, which is 21.56% down on its pre-crash value of USD$27.6 and 51.93% up on the lowest point reached during the March crash when the shares fell as low as USD$14.25.
If you had bought USD$1,000 worth of CarGurus shares at the start of February 2020, those shares would have been worth USD$450.79 at the bottom of the March crash, and if you held on to them, then as of the last market close they'd be worth USD$604.68.
|Latest market close||USD$21.65|
|52-week range||USD$14.25 - USD$40.91|
|50-day moving average||USD$22.7297|
|200-day moving average||USD$24.3766|
|Wall St. target price||USD$34.9|
|Dividend yield||N/A (0%)|
|Earnings per share (TTM)||USD$0.38|
The value of any investment can go up or down depending on news, trends and market conditions. We are not investment advisers, so do your own due diligence to understand the risks before you invest.
The technical analysis gauge below displays real-time ratings for the timeframes you select. This is not a recommendation, however. It represents a technical analysis based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.
This chart is not advice or a guarantee of success. Rather, it gauges the real-time recommendations of three popular technical indicators: moving averages, oscillators and pivots. Finder is not responsible for how your stock performs.
|1 week (2020-10-22)||4.09%|
|1 month (2020-09-29)||-0.64%|
|3 months (2020-07-29)||-19.25%|
|6 months (2020-04-29)||-4.96%|
|1 year (2019-10-29)||-32.97%|
|2 years (2018-10-29)||-47.05%|
|3 years (2017-10-27)||-30.07%|
|5 years (2015-10-25)||N/A|
Valuing CarGurus stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of CarGurus's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.
CarGurus's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 59x. In other words, CarGurus shares trade at around 59x recent earnings.
That's relatively high compared to, say, the trailing 12-month P/E ratio for the NASDAQ 100 at the end of 2019 (27.29). The high P/E ratio could mean that investors are optimistic about the outlook for the shares or simply that they're over-valued.
CarGurus's "price/earnings-to-growth ratio" can be calculated by dividing its P/E ratio by its growth – to give 0.9554. A low ratio can be interpreted as meaning the shares offer better value, while a higher ratio can be interpreted as meaning the shares offer worse value.
The PEG ratio provides a broader view than just the P/E ratio, as it gives more insight into CarGurus's future profitability. By accounting for growth, it could also help you if you're comparing the share prices of multiple high-growth companies.
CarGurus's EBITDA (earnings before interest, taxes, depreciation and amortisation) is USD$59.8 million.
The EBITDA is a measure of a CarGurus's overall financial performance and is widely used to measure a its profitability.
|Revenue TTM||USD$561 million|
|Operating margin TTM||8.79%|
|Gross profit TTM||USD$552.6 million|
|Return on assets TTM||8.18%|
|Return on equity TTM||16.74%|
|Market capitalisation||USD$2.3 billion|
TTM: trailing 12 months
There are currently 8.7 million CarGurus shares held short by investors – that's known as CarGurus's "short interest". This figure is 3.6% up from 8.4 million last month.
There are a few different ways that this level of interest in shorting CarGurus shares can be evaluated.
CarGurus's "short interest ratio" (SIR) is the quantity of CarGurus shares currently shorted divided by the average quantity of CarGurus shares traded daily (recently around 1.4 million). CarGurus's SIR currently stands at 6.43. In other words for every 100,000 CarGurus shares traded daily on the market, roughly 6430 shares are currently held short.
However CarGurus's short interest can also be evaluated against the total number of CarGurus shares, or, against the total number of tradable CarGurus shares (the shares that aren't held by "insiders" or major long-term shareholders – also known as the "float"). In this case CarGurus's short interest could be expressed as 0.08% of the outstanding shares (for every 100,000 CarGurus shares in existence, roughly 80 shares are currently held short) or 0.1013% of the tradable shares (for every 100,000 tradable CarGurus shares, roughly 101 shares are currently held short).
A SIR below 10% would generally be considered to indicate a fairly optimistic outlook for the share price, with fewer people currently willing to bet against CarGurus.
Find out more about how you can short CarGurus stock.
We're not expecting CarGurus to pay a dividend over the next 12 months.
Over the last 12 months, CarGurus's shares have ranged in value from as little as $14.25 up to $40.91. A popular way to gauge a stock's volatility is its "beta".
Beta is a measure of a share's volatility in relation to the market. The market (NASDAQ average) beta is 1, while CarGurus's is 1.8636. This would suggest that CarGurus's shares are more volatile than the average for this exchange and represent, relatively-speaking, a higher risk (but potentially also market-beating returns).
CarGurus, Inc. operates an online automotive marketplace connecting buyers and sellers of new and used cars in the United States, Canada, the United Kingdom, Germany, Italy, and Spain. The company provides consumers an online automotive marketplace where they can search for new and used car listings from its dealers, as well as sell their car in the United States marketplace. Its marketplace connects dealers to a large audience of informed and engaged consumers. The company operates online marketplaces under the CarGurus brand in Canada, the United Kingdom, Germany, Italy, and Spain; and the PistonHeads online marketplace as an independent brand in the United Kingdom. CarGurus, Inc. was founded in 2005 and is headquartered in Cambridge, Massachusetts.
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