CarGurus, Inc (CARG) is a leading internet content and information business based in the US. It opened the day at $24.43 after a previous close of $24.51. During the day the price has varied from a low of $24.145 to a high of $24.69. The latest price was $24.285 (25 minute delay). CarGurus is listed on the NASDAQ and employs 827 staff. All prices are listed in US Dollars.
Since the stock market crash that started in February 2020, CarGurus's share price has had significant positive movement.
Its last market close was $28.22, which is 2.20% up on its pre-crash value of $27.6 and 98.04% up on the lowest point reached during the March 2020 crash when the shares fell as low as $14.25.
If you had bought $1,000 worth of CarGurus shares at the start of February 2020, those shares would have been worth $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 $788.18.
|52-week range||$19.242 - $36.54|
|50-day moving average||$26.4684|
|200-day moving average||$27.8953|
|Wall St. target price||$34.33|
|Dividend yield||N/A (0%)|
|Earnings per share (TTM)||$0.76|
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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.
|1 week (2021-06-08)||-4.65%|
|1 month (2021-05-18)||-14.43%|
|3 months (2021-03-18)||-2.47%|
|6 months (2020-12-18)||-28.76%|
|1 year (2020-06-18)||-9.69%|
|2 years (2019-06-18)||-33.94%|
|3 years (2018-06-18)||-32.07%|
Valuing a stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of overall performance. However, analysts commonly use some key metrics to help gauge value.
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 32x. In other words, CarGurus shares trade at around 32x 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.
However, CarGurus's P/E ratio is best considered in relation to those of others within the internet content & information industry or those of similar companies.
CarGurus's "price/earnings-to-growth ratio" can be calculated by dividing its P/E ratio by its growth – to give 3.9. Higher PEG ratios such as this can be interpreted as meaning the shares offer worse value given the current rate of growth.
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.
However, it's sensible to consider CarGurus's PEG ratio in relation to those of similar companies.
CarGurus's EBITDA (earnings before interest, taxes, depreciation and amortisation) is $134.7 million.
The EBITDA is a measure of a CarGurus's overall financial performance and is widely used to measure a its profitability.
To put that into context you can compare it against similar companies.
|Revenue TTM||$565.1 million|
|Operating margin TTM||21.12%|
|Gross profit TTM||$509.7 million|
|Return on assets TTM||13.25%|
|Return on equity TTM||20.05%|
|Market capitalisation||$2.9 billion|
TTM: trailing 12 months
There are currently 10.5 million CarGurus shares held short by investors – that's known as the "short interest". This figure is 9.3% down from 11.5 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 1.5 million). CarGurus's SIR currently stands at 6.8. In other words for every 100,000 CarGurus shares traded daily on the market, roughly 6800 shares are currently held short.
To gain some more context, you can compare CarGurus's short interest ratio against those of similar companies.
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 0.09% of the outstanding shares (for every 100,000 CarGurus shares in existence, roughly 90 shares are currently held short) or 0.1209% of the tradable shares (for every 100,000 tradable CarGurus shares, roughly 121 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. Typically it's companies that have been around for longer that pay dividends (CarGurus had its IPO on 12 October 2017). However, you can browse other dividend-paying shares in our guide.
Over the last 12 months, CarGurus's shares have ranged in value from as little as $19.242 up to $36.54. 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 1.9068. 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).
To put CarGurus's beta into context you can compare it against those of similar companies.
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