News
CARG
23.22
+1.35%
0.31
Used-Car Sales Have Moved Online -- Here's Why Both Customers and Dealers Are Happy -- Heard on the Street
More than 95% of used-car searches start online. Online-only car sellers like Carvana have gained traction over the pandemic. Virtual auctions for the wholesale marketplaces for used cars could help. Dealers can use real-time market data to determine the optimal bidding price in wholesale auctions.
The Wall Street Journal · 2d ago
Is CarGurus, Inc. (NASDAQ:CARG) Potentially Undervalued?
CarGurus, Inc. (NASDAQ:CARG) has a share price of US$22.91. The mid-cap company is trading above its industry average. CarGurus is expected to double in the next few years. The company's price-to-earnings ratio is higher than the industry average for its sector. Is the stock currently undervalued, or is it a good investment? We take a look at the company's outlook and value.
Simply Wall St · 2d ago
Weekly Report: what happened at CARG last week (0415-0419)?
Weekly Report · 6d ago
JMP Securities Reiterates Market Perform on CarGurus
Benzinga · 04/17 12:32
Weekly Report: what happened at CARG last week (0408-0412)?
Weekly Report · 04/15 09:19
CarGurus: Repositioned For Growth
CarGurus is the #1 site for used car research in the U.S. The company has seen re-accelerating growth and strong traffic results. CarGurus has a solid turnaround name that is insulated from market volatility and has a reasonable valuation. The stock is ripe for a rebound and has plenty of upside rebound potential.
Seeking Alpha · 04/14 06:15
Cargurus: Other preliminary proxy statements
Press release · 04/13 02:21
Weekly Report: what happened at CARG last week (0401-0405)?
Weekly Report · 04/08 09:20
Hope on the Horizon: CarGurus Q1 2024 Report Reveals Inventory and Demand are Rebounding as Prices Improve
CarGurus releases its Quarterly Review for Q1 2024. CarGurus is the No. 1 visited digital auto platform for shopping, buying, and selling new and used vehicles. The review gives buyers, sellers, and dealers a view into key trends influencing pricing, inventory, and demand.
Barchart · 04/08 08:00
Cargurus: Statement of changes in beneficial ownership of securities
Press release · 04/03 22:48
Subdued Growth No Barrier To CarGurus, Inc.'s (NASDAQ:CARG) Price
CarGurus, Inc. Has a 2.7x price-to-sales ratio. The company's declining revenue compares poorly to other companies in the Interactive Media and Services industry. The last year has seen a 45% decrease in revenue for the company. CarGurus has a higher P/S ratio than half of its industry peers in the US.
Simply Wall St · 04/03 10:46
Online Marketplace Stocks Q4 Recap: Benchmarking CarGurus (NASDAQ:CARG)
Online marketplace stocks’ Q4 earnings season wraps. The 12 online marketplace stocks we track reported a slower Q4. On average, revenues beat analyst consensus estimates by 1.2%. CarGurus (NASDAQ:CARG) and its peers were the best and worst performers.
Barchart · 04/02 06:00
Weekly Report: what happened at CARG last week (0325-0329)?
Weekly Report · 04/01 09:19
Buy Rating on CarGurus Backed by Promising CG Buy Online Platform and High-Margin Revenue Model
TipRanks · 03/27 10:06
Weekly Report: what happened at CARG last week (0318-0322)?
Weekly Report · 03/25 09:20
Weekly Report: what happened at CARG last week (0311-0315)?
Weekly Report · 03/18 09:20
Expert Outlook: CarGurus Through The Eyes Of 4 Analysts
CarGurus Inc is an online automotive marketplace connecting buyers and sellers of new and used cars. CarGurus has an average price target of $26.75 and 12-month price targets of $24.00. 4 analysts have shared their evaluations of the company during the recent three months. Cargurus's revenue growth over the past three months has been slower than the industry average. The company's valuation is below industry averages.
Benzinga · 03/15 17:00
CarGurus Price Target Raised to $27.00/Share From $26.00 by UBS
Dow Jones · 03/15 12:57
CarGurus Is Maintained at Neutral by UBS
Dow Jones · 03/15 12:57
UBS Maintains Neutral on CarGurus, Raises Price Target to $27
Benzinga · 03/15 12:47
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About CARG
CarGurus, Inc. (CarGurus) is a multinational, online automotive platform for buying and selling vehicles that offers both digital retail solutions and the CarOffer digital wholesale platform. The CarGurus platform enables consumers to buy and/or sell a vehicle either online or in-person, and it gives dealerships the power to accurately price, instantly acquire, effectively market, and quickly sell vehicles, all with a nationwide reach. The Company operates through two segments: U.S. Marketplace and Digital Wholesale. The U.S. Marketplace segment provides marketplace services for customers within the United States. The Digital Wholesale segment provides Dealer-to-Dealer and Instant Max Cash Offer (IMCO) services and products which are sold on the CarOffer platform. The Company operates online marketplaces under the CarGurus brand in Canada and the United Kingdom. It also operates the Autolist and PistonHeads online marketplaces in the United States and the United Kingdom.