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CarGurus Inc (NASDAQ: CARG) closed the day trading at $37.59 down -1.44% from the previous closing price of $38.14. In other words, the price has decreased by -$1.44 from its previous closing price. On the day, 1.46 million shares were traded.
Ratios:
For a better understanding of CARG, let’s look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 15.55 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 47.77. For the most recent quarter (mrq), Quick Ratio is recorded 2.84 and its Current Ratio is at 2.85. In the meantime, Its Debt-to-Equity ratio is 0.39 whereas as Long-Term Debt/Eq ratio is at 0.37.
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 18 ’25 when Steinert Langley sold 49,790 shares for $39.85 per share. The transaction valued at 1,984,271 led to the insider holds 607,932 shares of the business.
Steinert Langley sold 45,752 shares of CARG for $1,756,387 on Feb 19 ’25. The Executive Chair now owns 562,180 shares after completing the transaction at $38.39 per share. On Feb 18 ’25, another insider, Steinert Langley, who serves as the Executive Chair of the company, sold 5,528 shares for $39.85 each. As a result, the insider received 220,306 and left with 20,157 shares of the company.
Valuation Measures:
For the stock, the TTM Price-to-Sale (P/S) ratio is 4.39 while its Price-to-Book (P/B) ratio in mrq is 8.03.
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 -1.04%, while the 200-Day Moving Average is calculated to be 22.34%.
Shares Statistics:
A total of 87.58M shares are outstanding, with a floating share count of 83.83M. Insiders hold about 19.17% of the company’s shares, while institutions hold 81.26% stake in the company.
