Profile
Sector:
Consumer CyclicalIndustry:
Auto & Truck DealershipsCountry:
United StatesIPO:
12 October 2017Website:
http://www.cargurus.comNext earnings report:
07 November 2024Last dividends:
N/ANext dividends:
N/APrice
after hours | Wed, 03 Jul 2024 18:41:18 GMTDividend
Analysts recommendations
Institutional Ownership
CARG Latest News
I wasn't keen on writing about used car stocks to buy. But then I read an article from early June in the Wall Street Journal that was an interesting take on used car sales.
CAMBRIDGE, Mass., May 28, 2024 (GLOBE NEWSWIRE) -- CarGurus, Inc. (Nasdaq: CARG), the No. 1 visited digital auto platform for shopping, buying, and selling new and used vehicles1, today announced that Jason Trevisan, Chief Executive Officer, is scheduled to participate in a fireside chat at William Blair's 44th Annual Growth Stock Conference on Tuesday, June 4, 2024 at 2:20 PM ET.
CarGurus, Inc. (Nasdaq: CARG), the top digital auto platform for purchasing and selling vehicles, will release its financial results for the first quarter of 2024 on May 9, 2024, after the market closes.
CarGurus is a strong turnaround candidate that is shielded from market fluctuations and is reasonably valued. It is the top website for researching used cars in the United States, with growing growth and impressive traffic numbers. The profitability of its wholesale arm, CarOffer, has significantly boosted the company's adjusted EBITDA.
Through the past several months, buying a car — used or new — has been, to put it mildly, out of reach. Inflation has run rampant.
Some businesses could soon see the bullish side effects of a resilient consumer amongst the pretext of potential interest rate cuts coming this year from the FED. According to the FedWatch tool at the CME Group NASDAQ: CME, these pivots could be coming as soon as May of this year.
CarGurus, Inc. (NASDAQ:CARG) Q4 2023 Earnings Conference Call February 26, 2024 5:00 PM ET
The headline numbers for CarGurus (CARG) give insight into how the company performed in the quarter ended December 2023, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.
CarGurus Inc. shares fell more than 11% in the extended session Monday after investors looked past a better-than-expected quarter for the online car-selling platform to zero in on weaker current-quarter guidance.
Beyond analysts' top -and-bottom-line estimates for CarGurus (CARG), evaluate projections for some of its key metrics to gain a better insight into how the business might have performed for the quarter ended December 2023.
What type of business is CarGurus?
CarGurus, Inc. provides an automotive internet marketplace in the USA, where users can search for new and used cars from dealers, as well as have access to additional listings from private sellers and can sell their cars to other consumers. CarGurus, Inc. uses patented technologies and algorithms for independent verification of car prices and dealer reputations, as well as other information, to help buyers find great deals from leading dealers. The company also owns online platforms under the CarGurus brand in Canada, the UK, Germany, Italy, and Spain. CarGurus, Inc. was founded in 2006. The headquarters is located in Cambridge, Massachusetts (USA).
What sector is CarGurus in?
CarGurus is in the Consumer Cyclical sector
What industry is CarGurus in?
CarGurus is in the Auto & Truck Dealerships industry
What country is CarGurus from?
CarGurus is headquartered in United States
When did CarGurus go public?
CarGurus initial public offering (IPO) was on 12 October 2017
What is CarGurus website?
https://www.cargurus.com
Is CarGurus in the S&P 500?
No, CarGurus is not included in the S&P 500 index
Is CarGurus in the NASDAQ 100?
No, CarGurus is not included in the NASDAQ 100 index
Is CarGurus in the Dow Jones?
No, CarGurus is not included in the Dow Jones index
When does CarGurus report earnings?
The next expected earnings date for CarGurus is 07 November 2024