On Friday, CarGurus Inc (NASDAQ: CARG) opened lower -17.13% from the last session, before settling in for the closing price of $37.59. Price fluctuations for CARG have ranged from $21.18 to $41.33 over the past 52 weeks.
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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. Company’s average yearly earnings per share was noted 12.95% at the time writing. With a float of $85.26 million, this company’s outstanding shares have now reached $89.00 million.
In an organization with 1282 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 and Institutional Ownership
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 19.17%, while institutional ownership is 80.71%. The most recent insider transaction that took place on Feb 18 ’25, was worth 1,984,271. In this transaction Executive Chair of this company sold 49,790 shares at a rate of $39.85, taking the stock ownership to the 607,932 shares. Before that another transaction happened on Feb 19 ’25, when Company’s Executive Chair sold 45,752 for $38.39, making the entire transaction worth $1,756,387. This insider now owns 562,180 shares in total.
CarGurus Inc (CARG) Latest Financial update
Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.46 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 12.95% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 17.61% during the next five years compared to -11.88% 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 4.07. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 3.66. Likewise, its price to free cash flow for the trailing twelve months is 20.28.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 0.18, a number that is poised to hit 0.44 in the next quarter and is forecasted to reach 2.27 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 1.52 million. That was better than the volume of 0.85 million it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic %D was 13.47%. Additionally, its Average True Range was 1.61.
During the past 100 days, CarGurus Inc’s (CARG) raw stochastic average was set at 18.10%, which indicates a significant increase from 12.36% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 79.74% in the past 14 days, which was higher than the 40.78% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $37.84, while its 200-day Moving Average is $30.77. However, in the short run, CarGurus Inc’s stock first resistance to watch stands at $33.48. Second resistance stands at $35.80. The third major resistance level sits at $37.62. If the price goes on to break the first support level at $29.34, it is likely to go to the next support level at $27.52. The third support level lies at $25.20 if the price breaches the second support level.
CarGurus Inc (NASDAQ: CARG) Key Stats
There are currently 103,708K shares outstanding in the company with a market cap of 3.28 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.
