CARG stock forecast
Our latest prediction for CarGurus Inc's stock price was made on the Sept. 23, 2021 when the stock price was at 32.00$.
In the short term (2weeks), CARG's stock price should underperform the market by -1.46%. During that period the price should oscillate between -6.57% and +5.16%.
In the medium term (3months), CARG's stock price should underperform the market by -7.49%. During that period the price should oscillate between -21.47% and +15.18%.
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About CarGurus Inc
Founded in 2006, CarGurus is a global, online automotive marketplace connecting buyers and sellers of new and used cars. The Company uses proprietary technology, search algorithms and data analytics to bring trust and transparency to the automotive search experience and help users find great deals from top-rated dealers. CarGurus is the most visited automotive shopping site in the U.S. (source: Comscore Media Metrix® Multi-Platform, Automotive - Information/Resources, Total Audience, Q4 2020, U.S. (Competitive set includes: CarGurus.com, Autotrader.com,Cars.com, TrueCar.com)). In addition to the United States, CarGurus operates online marketplaces under the CarGurus brand in Canada and the United Kingdom. In the United States and the United Kingdom, CarGurus also operates the Autolist and PistonHeads online marketplaces, respectively, as independent brands. CarGurus also holds a majority stake in CarOffer, an instant trade digital wholesale platform based in Plano, Texas.
At the moment the company generates 688M USD in revenues.
On its last earning announcement, the company reported a profit of 0.93$ per share.
The book value per share is 1.43$
Three months stock forecastSept. 23, 2021
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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 688M | 86.10% | 141M | 20.50% | 108M | 0.93 | - | - | 116M | 1.43 | 203M | -10M | 193M |