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CarGurus Inc (NASDAQ: CARG) closed the day trading at $29.51 up 0.92% from the previous closing price of $29.24. In other words, the price has increased by $0.92 from its previous closing price. On the day, 1.38 million shares were traded. CARG stock price reached its highest trading level at $29.635 during the session, while it also had its lowest trading level at $28.61.
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 10.06 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 19.07. 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 the company, JP Morgan on March 27, 2025, Downgraded its rating to Neutral and sets its target price to $34 from $42 previously.
On January 16, 2025, Needham reiterated its Buy rating and also lowered its target price recommendation from $39 to $45.
JMP Securities Upgraded its Mkt Perform to Mkt Outperform on June 07, 2024, while the target price for the stock was maintained at $30.
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 Apr 02 ’25 when Sarnoff Dafna bought 5,445 shares for $28.63 per share.
Quinn Matthew Todd bought 4,393 shares of CARG for $125,772 on Apr 02 ’25. On Apr 02 ’25, another insider, Hallowell Zachary Emerson, who serves as the Officer of the company, bought 4,892 shares for $28.63 each.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, CARG now has a Market Capitalization of 3081316096 and an Enterprise Value of 2941669376. As of this moment, CarGurus’s Price-to-Earnings (P/E) ratio for their current fiscal year is 163.22, and their Forward P/E ratio for the next fiscal year is 13.41. 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 3.45 while its Price-to-Book (P/B) ratio in mrq is 5.67. Its current Enterprise Value per Revenue stands at 3.289 whereas that against EBITDA is 17.596.
Stock Price History:
The Beta on a monthly basis for CARG is 1.44, which has changed by 0.29146612 over the last 52 weeks, in comparison to a change of 0.101756096 over the same period for the S&P500. 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 -14.18%, while the 200-Day Moving Average is calculated to be -6.87%.
Shares Statistics:
Over the past 3-months, CARG traded about 1.15M shares per day on average, while over the past 10 days, CARG traded about 1465590 shares per day. A total of 89.00M shares are outstanding, with a floating share count of 84.40M. Insiders hold about 19.17% of the company’s shares, while institutions hold 80.75% stake in the company. Shares short for CARG as of 1741910400 were 6351662 with a Short Ratio of 5.52, compared to 1739491200 on 5335378. Therefore, it implies a Short% of Shares Outstanding of 6351662 and a Short% of Float of 11.78.
Dividends & Splits
Against a Trailing Annual Dividend Yield of 0.0
