A new trading day began on Tuesday, with CarGurus Inc (NASDAQ: CARG) stock price up 0.28% from the previous day of trading, before settling in for the closing price of $28.34. CARG’s price has ranged from $21.65 to $41.33 over the past 52 weeks.
Here's Your FREE Report on the #1 Small-Cap Uranium Stock of '24.
Small-cap Uranium stocks are booming in 2024! The company we're about to show you is the ONLY small-cap stock in the space that benefits from ALL aspects of the global Uranium industry with none of the risks of running a mine. Smart investors will not be hesitating on this one!
Get the FREE Report with all the details here.
Sponsored
A company in the Consumer Cyclical sector has jumped its sales by 18.64% annually for the last half of the decade. Meanwhile, its annual earnings per share averaged 10.71%. With a float of $84.59 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 82.06%, operating margin of 15.75%, and the pretax margin is 2.76%.
CarGurus Inc (CARG) Insider Updates
As we move forward, let’s examine how large-scale investors are investing in this stock of the Auto & Truck Dealerships Industry. The insider ownership of CarGurus Inc is 18.98%, while institutional ownership is 80.96%. The most recent insider transaction that took place on Apr 25 ’25, was worth 584,692. In this transaction Executive Chair of this company sold 20,640 shares at a rate of $28.33, taking the stock ownership to the 905,385 shares. Before that another transaction happened on Apr 24 ’25, when Company’s Executive Chair sold 20,640 for $28.17, making the entire transaction worth $581,421. This insider now owns 926,025 shares in total.
CarGurus Inc (CARG) Performance Highlights and Predictions
Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.45 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 10.71% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 14.88% during the next five years compared to -11.88% drop over the previous five years of trading.
CarGurus Inc (NASDAQ: CARG) Trading Performance Indicators
Here are CarGurus Inc’s current performance indicators. According to the last quarter’s results, the stock had a quick ratio of 4.07. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 3.32. Likewise, its price to free cash flow for the trailing twelve months is 18.37.
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 2.19 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 0.62 million. That was inferior than the volume of 1.15 million it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic %D was 89.51%. Additionally, its Average True Range was 1.20.
During the past 100 days, CarGurus Inc’s (CARG) raw stochastic average was set at 22.60%, which indicates a significant decrease from 90.65% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 51.67% in the past 14 days, which was higher than the 48.39% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $29.93, while its 200-day Moving Average is $31.85. However, in the short run, CarGurus Inc’s stock first resistance to watch stands at $28.80. Second resistance stands at $29.17. The third major resistance level sits at $29.57. If the price goes on to break the first support level at $28.03, it is likely to go to the next support level at $27.63. Assuming the price breaks the second support level, the third support level stands at $27.26.
CarGurus Inc (NASDAQ: CARG) Key Stats
With a market capitalization of 2.97 billion, the company has a total of 104,416K Shares Outstanding. Currently, annual sales are 894,380 K while annual income is 20,970 K. The company’s previous quarter sales were 228,540 K while its latest quarter income was 45,880 K.
