On Tuesday, CarGurus Inc (NASDAQ: CARG) opened higher 0.14% from the last session, before settling in for the closing price of $35.40. Price fluctuations for CARG have ranged from $20.02 to $37.94 over the past 52 weeks.
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Over the past five-year period, the growth rate of yearbook sales for the company of the Consumer Cyclical sector was 25.01%. Company’s average yearly earnings per share was noted 39.17% at the time writing. With a float of $83.63 million, this company’s outstanding shares have now reached $92.18 million.
Considering the fact that the conglomerate employs 1343 people, you should pay attention to its efficiency factor. In terms of profitability, gross margin is 79.08%, operating margin of 7.35%, and the pretax margin is -5.3%.
CarGurus Inc (CARG) Insider Activity
A key investor’s attitude towards the stock of the Auto & Truck Dealerships industry is another important factor to consider. The insider ownership of CarGurus Inc is 19.36%, while institutional ownership is 79.57%. The most recent insider transaction that took place on Nov 18 ’24, was worth 354,100. Before that another transaction happened on Nov 18 ’24, when Company’s Officer proposed sale 25,168 for $35.43, making the entire transaction worth $891,694.
CarGurus Inc (CARG) Earnings and Forecasts
According to the Wall Street analysts, stocks earnings will be around 39.17% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 18.50% during the next five years compared to -13.88% drop over the previous five years of trading.
CarGurus Inc (NASDAQ: CARG) Trading Performance Indicators
Check out the current performance indicators for CarGurus Inc (CARG). In the past quarter, the stock posted a quick ratio of 2.84. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 4.14. Likewise, its price to free cash flow for the trailing twelve months is 45.05.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -0.47, a number that is poised to hit 0.51 in the next quarter and is forecasted to reach 1.92 in one year’s time.
Technical Analysis of CarGurus Inc (CARG)
Compared to the last year’s volume of 0.83 million, its volume of 0.63 million showed lagged in the last five days. As of the previous 9 days, the stock’s Stochastic %D was 57.33%. Additionally, its Average True Range was 1.11.
During the past 100 days, CarGurus Inc’s (CARG) raw stochastic average was set at 84.71%, which indicates a significant increase from 68.28% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 34.74% in the past 14 days, which was lower than the 42.42% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $31.43, while its 200-day Moving Average is $26.18. Nevertheless, the first resistance level for the watch stands at $35.79 in the near term. At $36.14, the stock is likely to face the second major resistance level. The third major resistance level sits at $36.71. If the price goes on to break the first support level at $34.87, it is likely to go to the next support level at $34.30. Should the price break the second support level, the third support level stands at $33.95.
CarGurus Inc (NASDAQ: CARG) Key Stats
There are currently 103,708K shares outstanding in the company with a market cap of 3.68 billion. Presently, the company’s annual sales total 914,240 K according to its annual income of 31,100 K. Last quarter, the company’s sales amounted to 231,360 K and its income totaled 22,510 K.
