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CarGurus Inc (NASDAQ: CARG) closed the day trading at $29.93 down -3.85% from the previous closing price of $31.13. In other words, the price has decreased by -$3.85 from its previous closing price. On the day, 1.1 million shares were traded. CARG stock price reached its highest trading level at $31.13 during the session, while it also had its lowest trading level at $29.89.
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 10.21 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 19.35. 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 Mar 17 ’25 when Zales Samuel sold 10,000 shares for $30.78 per share. The transaction valued at 307,800 led to the insider holds 390,025 shares of the business.
Steinert Langley sold 20,640 shares of CARG for $643,087 on Mar 17 ’25. The Executive Chair now owns 1,099,379 shares after completing the transaction at $31.16 per share. On Mar 17 ’25, another insider, Steinert Langley, who serves as the Executive Chair of the company, sold 2,291 shares for $31.16 each. As a result, the insider received 71,381 and left with 74,761 shares of the company.
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 3125170944 and an Enterprise Value of 3013716224. As of this moment, CarGurus’s Price-to-Earnings (P/E) ratio for their current fiscal year is 165.54, and their Forward P/E ratio for the next fiscal year is 13.60. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 10.71. For the stock, the TTM Price-to-Sale (P/S) ratio is 3.49 while its Price-to-Book (P/B) ratio in mrq is 5.75. Its current Enterprise Value per Revenue stands at 3.37 whereas that against EBITDA is 18.027.
Stock Price History:
The Beta on a monthly basis for CARG is 1.45, which has changed by 0.2790599 over the last 52 weeks, in comparison to a change of 0.07465422 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 -16.57%, while the 200-Day Moving Average is calculated to be -4.74%.
Shares Statistics:
Over the past 3-months, CARG traded about 1.01M shares per day on average, while over the past 10 days, CARG traded about 1312480 shares per day. A total of 89.00M shares are outstanding, with a floating share count of 84.86M. Insiders hold about 18.73% of the company’s shares, while institutions hold 80.65% stake in the company. Shares short for CARG as of 1740700800 were 5502168 with a Short Ratio of 5.43, compared to 1738281600 on 5317324. Therefore, it implies a Short% of Shares Outstanding of 5502168 and a Short% of Float of 10.2.
Dividends & Splits
Against a Trailing Annual Dividend Yield of 0.0
