For those desiring to outshine the market, the strategic selection of individual stocks is paramount. Well-chosen stocks have the potential to substantially boost your wealth.
After finishing at $31.15 in the prior trading day, CarGurus Inc (NASDAQ: CARG) closed at $30.92, down -0.74%. In other words, the price has decreased by -$0.74 from its previous closing price. On the day, 2.05 million shares were traded.
Ratios:
Our goal is to gain a better understanding of CARG by taking a closer look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 10.54 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 19.99. For the most recent quarter (mrq), Quick Ratio is recorded 4.07 and its Current Ratio is at 4.07. In the meantime, Its Debt-to-Equity ratio is 0.36 whereas as Long-Term Debt/Eq ratio is at 0.34.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for this company, Needham on January 16, 2025, Reiterated its Buy rating but revised its target price to $45 from $39 previously.
On June 07, 2024, JMP Securities Upgraded its rating to Mkt Outperform which previously was Mkt Perform but kept the price unchanged to $30.
Needham reiterated its Buy rating for the stock on February 27, 2024, while the target price for the stock was revised from $22 to $24.
Insider Transactions:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Feb 20 ’25 when Steinert Langley sold 45,407 shares for $37.34 per share. The transaction valued at 1,695,666 led to the insider holds 516,773 shares of the business.
Steinert Langley sold 20,639 shares of CARG for $635,282 on Feb 21 ’25. The Executive Chair now owns 496,134 shares after completing the transaction at $30.78 per share. On Feb 20 ’25, another insider, Steinert Langley, who serves as the Executive Chair of the company, sold 5,042 shares for $37.34 each. As a result, the insider received 188,286 and left with 10,035 shares of the company.
Valuation Measures:
As of this moment, CarGurus’s Price-to-Earnings (P/E) ratio for their current fiscal year is 171.02, and their Forward P/E ratio for the next fiscal year is 13.83. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 10.56. For the stock, the TTM Price-to-Sale (P/S) ratio is 3.61 while its Price-to-Book (P/B) ratio in mrq is 5.94.
Stock Price History:
Over the past 52 weeks, CARG has reached a high of $41.33, while it has fallen to a 52-week low of $21.18. The 50-Day Moving Average of the stock is -17.99%, while the 200-Day Moving Average is calculated to be 0.36%.
Shares Statistics:
A total of 89.00M shares are outstanding, with a floating share count of 85.26M. Insiders hold about 18.35% of the company’s shares, while institutions hold 80.71% stake in the company.
