CarGurus Inc (NASDAQ: CARG) on Tuesday, plunged -3.98% from the previous trading day, before settling in for the closing price of $38.68. Within the past 52 weeks, CARG’s price has moved between $21.18 and $39.10.
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Annual sales at Consumer Cyclical sector company grew by 25.01% over the past five years. The company achieved an average annual earnings per share of 38.19%. With a float of $82.93 million, this company’s outstanding shares have now reached $87.58 million.
Let’s look at the performance matrix of the company that is accounted for 1343 employees. 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 and Institutional Ownership
Observing investor behavior towards Auto & Truck Dealerships industry stocks is more important than anything else. The insider ownership of CarGurus Inc is 20.04%, while institutional ownership is 79.65%. The most recent insider transaction that took place on Dec 16 ’24, was worth 4,556,902. Before that another transaction happened on Dec 16 ’24, when Company’s Affiliate proposed sale 77,049 for $37.67, making the entire transaction worth $2,902,435.
CarGurus Inc (CARG) Latest Financial update
Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.41 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 38.19% 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
CarGurus Inc (CARG) is currently performing well based on its current performance indicators. A quick ratio of 2.84 was reported for the most recent quarter. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 4.33. Likewise, its price to free cash flow for the trailing twelve months is 47.20.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -0.47, a number that is poised to hit 0.52 in the next quarter and is forecasted to reach 1.94 in one year’s time.
Technical Analysis of CarGurus Inc (CARG)
CarGurus Inc (NASDAQ: CARG) saw its 5-day average volume 0.61 million, a negative change from its year-to-date volume of 0.81 million. As of the previous 9 days, the stock’s Stochastic %D was 33.37%. Additionally, its Average True Range was 0.96.
During the past 100 days, CarGurus Inc’s (CARG) raw stochastic average was set at 88.77%, which indicates a significant increase from 23.14% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 27.22% in the past 14 days, which was lower than the 40.93% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $34.46, while its 200-day Moving Average is $27.53. Nevertheless, the first resistance level for the watch stands at $38.22 in the near term. At $39.30, the stock is likely to face the second major resistance level. The third major resistance level sits at $39.94. If the price goes on to break the first support level at $36.50, it is likely to go to the next support level at $35.86. The third support level lies at $34.78 if the price breaches the second support level.
CarGurus Inc (NASDAQ: CARG) Key Stats
Market capitalization of the company is 3.85 billion based on 103,708K outstanding shares. Right now, sales total 914,240 K and income totals 31,100 K. The company made 231,360 K in profit during its latest quarter, and 22,510 K in sales during its previous quarter.
