CARG stock forecast
Our latest prediction for Cargurus, Inc.'s stock price was made on the Oct. 20, 2020 when the stock price was at 20.86$.
In the short term (2weeks), CARG's stock price should underperform the market by -1.68%. During that period the price should oscillate between -7.28% and +7.61%.
In the medium term (3months), CARG's stock price should underperform the market by -9.79%. During that period the price should oscillate between -26.44% and +18.42%.
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About Cargurus, Inc.
Cargurus, Inc. engages in the provision of online auto shopping. It offers proprietary technology, search algorithms, and innovative data analytics to analyze new and used car listings. The firm operates through the following segments: United States and International. The United States segment derives revenues from marketplace subscriptions, advertising services, and other revenues from customers within the United States. The International segment includes the revenues from marketplace subscriptions, advertising services, and other revenues from customers outside of the United States. The company was founded by Langley Steinert in 2006 and is headquartered in Cambridge, MA.
At the moment the company generates 561M USD in revenues.
On its last earning announcement, the company reported a profit of 0.38$ per share.
The book value per share is 1.43$
Three months stock forecastOct. 20, 2020
Financials
| Revenue USD | Gross Margin | Operating Income | Operating Margin | Net Income | Earnings Per Share | Dividends | Payout Ratio | Shares | Book Value Per Share | Operating Cash Flow | Cap Spending | Free Cash Flow |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 561M | 92.60% | 44M | 7.90% | 43M | 0.38 | - | - | 114M | 1.43 | 79M | -8M | 71M |