CarGurus Inc (NASDAQ: CARG) kicked off on Friday, down -0.87% from the previous trading day, before settling in for the closing price of $40.12. Over the past 52 weeks, CARG has traded in a range of $21.18-$41.33.
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A company in the Consumer Cyclical sector has jumped its sales by 23.84% annually for the last half of the decade. While this was happening, its average annual earnings per share was recorded 39.79%. With a float of $83.83 million, this company’s outstanding shares have now reached $87.58 million.
In an organization with 1343 employees, it is important to assess its efficiency. 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 Updates
Our next focus will be how large-scale investors are participating in this stock of the Auto & Truck Dealerships Industry. The insider ownership of CarGurus Inc is 19.17%, while institutional ownership is 81.26%. The most recent insider transaction that took place on Feb 03 ’25, was worth 767,200. In this transaction COO and President of this company sold 20,000 shares at a rate of $38.36, taking the stock ownership to the 400,025 shares. Before that another transaction happened on Feb 03 ’25, when Company’s Officer proposed sale 20,000 for $38.25, making the entire transaction worth $764,922.
CarGurus Inc (CARG) Performance Highlights and Predictions
Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.42 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 39.79% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 22.33% during the next five years compared to -13.88% drop over the previous five years of trading.
CarGurus Inc (NASDAQ: CARG) Trading Performance Indicators
Take a look at CarGurus Inc’s (CARG) current performance indicators. Last quarter, stock had a quick ratio of 2.84. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 4.64. Likewise, its price to free cash flow for the trailing twelve months is 50.54.
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 1.90 in one year’s time.
Technical Analysis of CarGurus Inc (CARG)
Let’s dig in a bit further. During the last 5-days, its volume was 0.53 million. That was inferior than the volume of 0.72 million it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic %D was 73.19%. Additionally, its Average True Range was 1.07.
During the past 100 days, CarGurus Inc’s (CARG) raw stochastic average was set at 87.45%, which indicates a significant increase from 62.50% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 28.47% in the past 14 days, which was higher than the 26.70% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $37.98, while its 200-day Moving Average is $30.49. However, in the short run, CarGurus Inc’s stock first resistance to watch stands at $40.21. Second resistance stands at $40.64. The third major resistance level sits at $40.92. If the price goes on to break the first support level at $39.50, it is likely to go to the next support level at $39.22. Assuming the price breaks the second support level, the third support level stands at $38.79.
CarGurus Inc (NASDAQ: CARG) Key Stats
The company with the Market Capitalisation of 4.12 billion has total of 103,708K Shares Outstanding. Its annual sales at the moment are 914,240 K in contrast with the sum of 31,100 K annual income. Company’s last quarter sales were recorded 231,360 K and last quarter income was 22,510 K.
