|Bid||35.25 x 900|
|Ask||50.00 x 1000|
|Day's Range||37.02 - 38.87|
|52 Week Range||28.52 - 57.25|
|Beta (3Y Monthly)||N/A|
|PE Ratio (TTM)||85.02|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||48.30|
Owl Labs Inc., the Somerville-based startup that makes videoconferencing hardware, has a new CEO, the company announced on Tuesday. Frank Weishaupt, who previously led the sales team at Cambridge-based CarGurus Inc. (Nasdaq: CARG), took on the leadership role in October. Weishaupt replaces Owl Labs co-founder, Max Makeev, who is staying on to focus on product development, manufacturing and operations.
CAMBRIDGE, Mass., Jan. 8, 2019 /PRNewswire/ -- CarGurus, Inc. (CARG), a leading global automotive marketplace, today announced it has completed its acquisition of UK motoring website PistonHeads. With the acquisition, CarGurus expands its consumer audience in the UK as it continues to build the world's most trusted and transparent automotive marketplace. CarGurus will operate PistonHeads as an independent brand, maintaining the site's popular forum communities and editorial content, while investing in technology to improve the site experience. CarGurus will also offer its dealership listings services across both platforms to deliver increased value and efficiencies for CarGurus' dealership and manufacturer customers.
With an aim to focus on the development of propulsion systems, BorgWarner (BWA) agrees to sell thermostat business for roughly EUR24 million.
Though the U.S. auto industry faced tough times given higher interest rates, rising vehicle prices and threats of global slowdown in 2018, it proved resilient by registering another year of strong sales.
Despite missing the yearly delivery target of Model S & X, Tesla's (TSLA) vehicle deliveries in Q4 rises sequentially. However, a price cut is likely to dent its profit margin.
Acquisitions and launch of technically-enhanced products drive Magna (MGA). However, lowered light-vehicle production outlook and high costs are concerns.
Adequate presence in markets through auction locations helps Copart (CPRT) drive sales. However, rising expenses, along with foreign currency volatility, are creating headwinds for the company.
Winnebago (WGO) expands the company's footprint and diversifies its portfolio in the outdoor lifestyle market on the back of acquisitions.
CAMBRIDGE, Mass., Dec. 27, 2018 /PRNewswire/ -- CarGurus (CARG), a leading online automotive marketplace, today introduced its third mass-media advertising campaign in the U.S. Based on the success of the company's inaugural creative work, the "Detective: The Story Continues" campaign will resume the narrative from the company's popular "Detective" spot. CarGurus will continue to air its 30-second commercials in both broadcast and cable television networks, as well as digital marketing channels including YouTube and Facebook. Each of the ads in the campaign, "Parents" and "Obvious," communicate CarGurus' key value proposition of helping consumers find the best deals on cars from top rated dealers near them.
Change in vehicle production levels to combat challenging market environment compels Nissan (NSANY) to cut 1,000 jobs in Mexico.
The auto sector witnesses the opening of new plants and closing of the unviable ones by many companies. This puts a huge strain on their margins.
Insider Monkey finished processing more than 700 13F filings made by hedge funds and prominent investors. These filings show these funds’ portfolio positions as of September 30th. What do these smart investors think about CarGurus, Inc. (NASDAQ:CARG)? CarGurus, Inc. (NASDAQ:CARG) investors should pay attention to an increase in support from the world’s most elite money […]
Several factors, including ongoing trade and tariff disputes, higher fuel price and rising interest rates, hurt auto stocks in 2018.
Many investors are still learning about the various metrics that can be useful when analysing a stock. This article is for those who would like to learn about Return On Read More...