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How to buy CarGurus (CARG) stocks in Canada
Learn how to easily invest in CarGurus stocks.
CarGurus is an internet content & information business based in the US. CarGurus stocks (CARG.US) are listed on the NASDAQ and all prices are listed in US Dollars. Its last market close was $25.22 – a decrease of 1.21% over the previous week. CarGurus employs 827 staff and has a trailing 12-month revenue of around $763.6 million.
How to buy shares in CarGurus
- Compare share trading platforms. Use our comparison table to help you find a platform that fits you.
- Open your brokerage account. Complete an application with your details.
- Confirm your payment details. Fund your account.
- Research the stock. Find the stock by name or ticker symbol – CARG – and research it before deciding if it's a good investment for you.
- Purchase now or later. Buy your desired number of shares with a market order or use a limit order to delay your purchase until the stock reaches a desired price.
- Check in on your investment. Optimize your portfolio by tracking your stock.
What's in this guide?
- Can I buy shares in CarGurus?
- Has coronavirus impacted CarGurus shares?
- CarGurus shares summary
- Compare share dealing platforms
- Is CarGurus stock a buy or sell?
- CarGurus performance over time
- Are CarGurus shares over-valued?
- CarGurus's financials
- How volatile are CarGurus shares?
- Does CarGurus pay a dividend?
- Other common questions
CarGurus stock price (NASDAQ:CARG)Use our graph to track the performance of CARG stocks over time.
CarGurus shares at a glance
|Latest market close||$29.33|
|52-week range||$22.63 - $39.77|
|50-day moving average||$34.86|
|200-day moving average||$30.39|
|Wall St. target price||$45.00|
|Dividend yield||N/A (0%)|
|Earnings per share (TTM)||$0.88|
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Note: The dollar amounts in the table below are in Canadian dollars.
Is it a good time to buy CarGurus stock?
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.
CarGurus price performance over time
|1 week (2022-01-21)||-1.21%|
|1 month (2021-12-28)||-13.25%|
|3 months (2021-10-24)||N/A|
|6 months (2021-07-28)||2.48%|
|1 year (2021-01-28)||-1.81%|
|2 years (2020-01-28)||-18.00%|
|3 years (2019-01-28)||40.96|
|5 years (2017-01-24)||N/A|
Is CarGurus under- or over-valued?
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 P/E ratio
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 35x. In other words, CarGurus shares trade at around 35x 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 PEG ratio
CarGurus's "price/earnings-to-growth ratio" can be calculated by dividing its P/E ratio by its growth – to give 2.55. 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 $176.1 million.
The EBITDA is a measure of a CarGurus's overall financial performance and is widely used to measure a its profitability.
|Revenue TTM||$763.6 million|
|Operating margin TTM||19.08%|
|Gross profit TTM||$509.7 million|
|Return on assets TTM||14.22%|
|Return on equity TTM||20.64%|
|Market capitalisation||$3.6 billion|
TTM: trailing 12 months
CarGurus share dividends
We're not expecting CarGurus to pay a dividend over the next 12 months.
CarGurus share price volatility
Over the last 12 months, CarGurus's shares have ranged in value from as little as $22.63 up to $39.77. 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 1.7378. 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 and internationally. 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 and the United Kingdom; and the Autolist and PistonHeads online marketplaces as independent brands in the United States and the United Kingdom. CarGurus, Inc. was founded in 2005 and is headquartered in Cambridge, Massachusetts.
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CarGurus in the news
CarGurus Earns Top Score in Human Rights Campaign Foundation’s 2022 Corporate Equality Index
CarGurus Earns Top Score in Human Rights Campaign Foundation's 2022 Corporate Equality Index
Netflix shares fall near pre-pandemic level as investors fear slowing subscriber growth, competition
Frequently asked questions
Disclaimer: This information should not be interpreted as an endorsement of futures, stocks, ETFs, options or any specific provider, service or offering. It should not be relied upon as investment advice or construed as providing recommendations of any kind. Futures, stocks, ETFs and options trading involves substantial risk of loss and therefore are not appropriate for all investors. Trading forex on leverage comes with a higher risk of losing money rapidly. Past performance is not an indication of future results. Consider your own circumstances, and obtain your own advice, before making any trades.
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