|Bid||35.10 x 900|
|Ask||35.14 x 800|
|Day's Range||35.09 - 35.92|
|52 Week Range||30.29 - 57.25|
|Beta (3Y Monthly)||N/A|
|PE Ratio (TTM)||55.71|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||52.00|
CarGurus (CARG) delivered earnings and revenue surprises of 71.43% and 4.04%, respectively, for the quarter ended March 2019. Do the numbers hold clues to what lies ahead for the stock?
On a per-share basis, the Cambridge, Massachusetts-based company said it had profit of 11 cents. Earnings, adjusted for stock option expense and amortization costs, came to 12 cents per share. The results ...
Shares of CarGurus Inc. rose as much as 17% in the extended session Thursday after the online car marketplace reported adjusted first-quarter per-share profit and sales above Wall Street expectations. CarGurus said it earned $12.6 million, or 11 cents a share, compared with $5.5 million, or 5 cents a share, in the year-ago period. Adjusted for one-time items, CarGurus earned $13.5 million, or 12 cents a share, compared with $8.4 million, or 7 cents a share, a year ago. Revenue rose 37% to $135.3 million, compared with $98.6 million a year ago. Analysts polled by FactSet expected adjusted earnings of 6 cents a share on sales of $130 million. For the year, the company guided for revenue between $569 million and $578 million and adjusted EPS between 39 cents and 43 cents.
First Quarter Highlights: Total revenue of $135.3 million, an increase of 37% year-over-yearGAAP operating income of $7.4 million; non-GAAP operating income of $15.3.
On Thursday, May 9, CarGurus (NASDAQ: CARG ) will release its latest earnings report. Benzinga's outlook for CarGurus is included in the following report. Earnings and Revenue Analysts covering CarGurus ...
In first-quarter 2019, rise in employment rate and sturdy consumer confidence are likely to boost auto demand. But rising interest rates, auto recall and higher vehicle prices are concerns.
CAMBRIDGE, Mass. , May 8, 2019 /PRNewswire/ -- CarGurus (Nasdaq: CARG), a leading online automotive marketplace, today announced the winners of its third annual Best Used Car Awards. The 2019 awards identify ...
Want to participate in a short research study? Help shape the future of investing tools and you could win a $250 gift card! The goal of this article is to teach you how to use price to earnings ratios (P/E ratios). We'll...
CarGurus (CARG) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
CarGurus (CARG) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank 2 (Buy).
CAMBRIDGE, Mass., April 30, 2019 /PRNewswire/ -- CarGurus (CARG), a leading global automotive marketplace, today announced a partnership with Capital One Auto Finance that will benefit both consumers and dealers. "CarGurus' partnership with Capital One Auto Finance allows car shoppers to expedite their purchase from their mobile device or computer, before they walk into the dealership," said Tom Caputo, Chief Product Officer at CarGurus.
Hedge funds are known to underperform the bull markets but that's not because they are terrible at stock picking. Hedge funds underperform because their net exposure in only 40-70% and they charge exorbitant fees. No one knows what the future holds and how market participants will react to the bountiful news that floods in each […]
CAMBRIDGE, Mass., April 26, 2019 /PRNewswire/ -- CarGurus (CARG) a leading automotive marketplace, today announced automotive consumer research findings that benchmarked last year's inaugural CarGurus Self-Driving Car Sentiment Survey. This year's survey uncovered that over the past year there was a perception shift regarding self-driving cars. Consumers expressed greater enthusiasm for self-driving car development overall, and also showed a stronger likelihood of owning a self-driving car in the next ten years.
CAMBRIDGE, Mass., April 22, 2019 -- CarGurus, Inc. (Nasdaq: CARG), a leading global automotive marketplace, announced it will issue a press release reporting financial results.
Zacks.com featured expert Kevin Matras highlights: Medifast, Foot Locker, Amedisys, Comfort Systems and CarGurus
Attractive stocks have exceptional fundamentals. In the case of CarGurus, Inc. (NASDAQ:CARG), there's is a financially-healthy company with a strong track record...
In an interview with Real Vision, IPO Edge Editor-in-Chief John Jannarone explains why Lyft's steep losses and lack of a path to profitability make it worth just $50 a share. He points out the company's massive insurance liability that many investors may not have noticed, creating a risk that's difficult to fully understand. He also questions the […]
CAMBRIDGE, Mass., April 4, 2019 /PRNewswire/ -- CarGurus, a leading automotive marketplace, today announced the launch of the CarGurus Open Source Fund (OSF). This employee-led charitable initiative will give back to the open source projects that help fuel the company's market-leading technology. Members of the CarGurus engineering team founded the Open Source Fund to empower engineers to choose open source projects for which they have a passion and believe are deserving of financial support.