CarGurus Inc CARG Stock Price & News


The of 23.86% over the three-year investment period can help an investor compare alternatives for their capital or make forecasts of future values. For example, imagine an investor is comparing the performance of two uncorrelated investments. When we switch over and look at the enterprise to sales, we see a ratio of 1.04, with the company’s debt to enterprise value settled at 0.05. The receivables turnover for the company is 14.02 and the total asset turnover is 1.78.

Investopedia requires writers to use primary sources to support their work. These include white papers, government data, original reporting, and interviews with industry experts. We also reference original research from other reputable publishers where appropriate. You can learn more about the standards we follow in producing accurate, unbiased content in oureditorial policy. However, the CAGR can be used to smooth returns so that they may be more easily understood compared to alternative methods. The book value of a stock is theoretically the amount of money that would be paid to shareholders if the company was liquidated and paid off all of its liabilities.

Market Data

This smoothing mechanism may yield results that differ from the actual situation with a highly volatile investment. Verified car shopper ratings highlight the dealerships providing an exceptional experience across the U.S., Canada, and U.K. Verified car shopper ratings highlight the dealerships providing an excepti… © 2023 Market data provided is at least 10-minutes delayed and hosted by Barchart Solutions. Information is provided ‘as-is’ and solely for informational purposes, not for trading purposes or advice, and is delayed. To see all exchange delays and terms of use please see Barchart’s disclaimer.

The Compound Annual Growth Rate formula requires only the ending value of the investment, the beginning value, and the number of compounding years to calculate. It is achieved by dividing the ending value by the beginning value and raising that figure to the inverse number of years before subtracting it by one. CarGurus doesn’t possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. CarGurus possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report.

The stock has received mixed “buy” and “hold” ratings from analysts. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high. The average price point forecasted by analysts for CarGurus Inc. is $19.20, which is $1.13 above the current market price. The public float for CARG is 97.88M, and currently, short sellers hold a 9.82% ratio of that floaft. The average trading volume of CARG on March 28, 2023 was 1.20M shares. 11 Wall Street research analysts have issued “buy,” “hold,” and “sell” ratings for CarGurus in the last year.

Consensus Price Target is the stock price analysts expect to see within a period of 0-18 months. As of April 5, 2023, CarGurus Inc’s stock price is $17.44, which is down 4.65% from its previous closing price. CarGurus has doubled its daily average of shares traded over the last 3 months. High volumes usually indicate new trends and larger share price movements.

The compound annual growth rate isn’t a true return rate, but rather a representational figure. It is essentially a number that describes the rate at which an investment would have grown if it had grown at the same rate every year and the profits were reinvested at the end of each year. The compounded annual growth rate is one of the most accurate ways to calculate and determine returns for anything that can rise or fall in value over time. Market capitalization is the total market value of all issued shares of a company. It is calculated by the formula multiplying the number of shares in the company outstanding by the market price of one share. Citi analysts on Tuesday started covering Carvana Co. and CarGurus Inc. stocks at the equivalent of a hold rating, saying the online car marketplaces stand to benefit from growing consumer desire for …

CarGurus stock drops as earnings outlook falls short of Street estimate is a part of ICICI Securities and offers retail trading and investment services. Those interested in learning more about CAGR and other financial topics may want to consider enrolling in one of the best investing courses currently available. An investment is rarely made on the first day of the year and then sold on the last day of the year. Imagine an investor who wants to evaluate the CAGR of a $10,000 investment that was entered on June 1, 2013, and sold for $16,897.14 on Sept. 9, 2018.

CarGurus stock dives as fourth-quarter forecast comes up well short of expectations – MarketWatch

CarGurus stock dives as fourth-quarter forecast comes up well short of expectations.

Posted: Tue, 08 Nov 2022 08:00:00 GMT [source]

Market cap, also known as market capitalization, is the total market value of a company. It’s calculated by multiplying the current market price by the total number of shares outstanding. For example, if an investor had a portfolio for five years and injected funds into the portfolio during the five-year period, then the CAGR would be inflated. CarGurus Inc’s price-earnings (P/E) ratio is currently at 14.2, which is low compared to the Online Services industry median of 22.7.

Average annual growth rate is the average increase in the value of an investment, portfolio, asset, or cash stream over a period of time. CarGurus Inc. operates an online automotive marketplace that connects buyers and sellers of new and used vehicles in the US and abroad. The company provides consumers with an online automotive marketplace where they can search for new and used vehicles from its dealers, as well as sell their vehicles in the US market. Its marketplace connects dealers with a large audience of informed and interested consumers. We forecast CarGurus stock performance using neural networks based on historical data on CarGurus stocks.

CARG Stock – Frequently Asked Questions

CarGurus is seeing favorable earnings estimate revision activity and has a positive Zacks Earnings ESP heading into earnings season. Fed’s Shocking New Plan to Control Your MoneyThe Federal Reserve has a disturbing plan that is getting ready to roll out as soon as May. This is a lot more than printing trillions of dollars or manipulating interest rates. It’s about every checking account, every purchase and every money transfer in America — including yours and mine. A high percentage of insider ownership can be a sign of company health.

  • Returns on investments are uneven over time, except for bonds that are held to maturity, deposits, and similar investments.
  • The company provides consumers with an online automotive marketplace where they can search for new and used vehicles from its dealers, as well as sell their vehicles in the US market.
  • CarGurus has been the subject of 7 research reports in the past 90 days, demonstrating strong analyst interest in this stock.
  • The Barchart Technical Opinion rating is a 48% Buy with a Average short term outlook on maintaining the current direction.
  • For AAII’s Momentum Grade, a weighted relative price strength is calculated.

This suggests a possible upside of 19.6% from the stock’s current price. View analysts price targets for CARG or view top-rated stocks among Wall Street analysts. The compound annual growth are applied at various places of personal finance.

The simple moving average for the last 20 days is 1.51% for CARG stock, with a simple moving average of -1.95% for the last 200 days. Relative price strength addresses the relationship between a stock price’s trend and the price trend of the market. This ratio is expressed as a percentage and helps investors understand a company’s momentum as well as its value.


Comparing the CAGRs of business activities across similar companies will help evaluate competitive weaknesses and strengths. For example, Big-Sale’s customer satisfaction CAGR might not seem so low compared with SuperFast Cable’s customer satisfaction CAGR of -6.31% during the same period. CAGR is thus a good way to evaluate how different investments have performed over time, or against a benchmark.

Relative Price Strength of CarGurus Inc

Note that the CAGR is an indicative figure and not a real one. In its most basic sense, it indicates the exact rate of an investment’s growth considering that it grows at the same rate and the returns are reinvested. Taking note of CAGR is also a huge bonus when you are considering differential investment options. If you own a business, the CAGR can indicate a lot of factors that are otherwise overlooked. Unlike the concept of ‘absolute returns’, growth based on CAGR takes into account the element of time. Investments in securities market are subject to market risks, read all the related documents carefully before investing.


The contents herein above shall not be considered as an invitation or persuasion to trade or invest. I-Sec and affiliates accept no liabilities for any loss or damage of any kind arising out of any actions taken in reliance thereon. Please note Brokerage would not exceed the SEBI prescribed limit. Annualized total return gives the yearly return of a fund calculated to demonstrate the rate of return necessary to achieve a cumulative return.

  • CARG share price has been in a positive cycle for the past year.
  • Say that an investment fund was worth $100,000 in 2016, $71,000 in 2017, $44,000 in 2018, $81,000 in 2019, and $126,000 in 2020.
  • The formula can be manipulated algebraically into a formula to find the present value or future value of money, or to calculate a hurdle rate of return.
  • Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks.
  • The stock of CarGurus Inc. has seen a 1.52% increase in the past week, with a 3.88% gain in the past month, and a 33.13% flourish in the past quarter.
  • 81.0% of employees surveyed would recommend working at CarGurus to a friend.

how useful is roce as an indicator of an organization’s efficiency, Inc. operates an online automotive marketplace connecting buyers and sellers of new and used cars worldwide. The company’s marketplace enables users with third-party validation on pricing, dealer reputation, and other information. As of June 30, 2017, it had an active dealer network of approximately 40,000 dealers; and approximately 5.4 million car listings. The company was founded in 2006 and is headquartered in Cambridge, Massachusetts. In a nutshell, CarGurus Inc. has experienced a better performance in recent times.

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