|Bid||15.77 x 800|
|Ask||15.79 x 800|
|Day's range||15.58 - 16.57|
|52-week range||14.25 - 42.82|
|Beta (5Y monthly)||2.10|
|PE ratio (TTM)||42.73|
|Earnings date||10-May-2020 - 14-May-2020|
|Forward dividend & yield||N/A (N/A)|
|1y target est||32.91|
CarGurus (CARG), a leading global automotive marketplace, today announced its continued support for dealers in the U.S. and Canada as the COVID-19 situation continues to impact automotive retail. The company will extend its existing 50% discount on all marketplace subscriptions for U.S. and Canadian dealers through the month of May. The move is a continuation of the rate reduction that CarGurus announced on March 18, and is intended to help ease the burden for dealers at this difficult time.
Today CarGurus issued the following letter to shareholders. As we evaluate the impact of COVID-19 on consumers, dealers, and our own employees, we are proactively taking steps to provide our key stakeholders with our unwavering support through this unprecedented period. Included in these measures is a 50% rate reduction on all marketplace subscription billings in April for all of our paying customers.
CAMBRIDGE, Mass., March 04, 2020 -- CarGurus (Nasdaq: CARG) today announced its sixth annual list of CarGurus Top Rated Dealers. These awards are presented to car dealerships.
CarGurus today announced its fourth annual list of CarGurus Top Rated Dealers in Canada. This year’s Top Rated Dealers received an average of 4.7 stars on a scale of one to five, signifying their priority in providing an excellent customer experience. “As the trust and transparency pioneer in car shopping, CarGurus is delighted to recognize the dealerships that echo and live these same values,” said Ashley Karr, Vice President of B2B Marketing at CarGurus.
CAMBRIDGE, Mass., March 03, 2020 -- CarGurus, Inc. (Nasdaq: CARG), a leading global automotive marketplace, today announced that Tom Caputo, Chief Product Officer, is scheduled.
CarGurus, Inc. (CARG) could be a stock to avoid from a technical perspective, as the firm is seeing unfavorable trends on the moving average crossover front.
CAMBRIDGE, Mass., Feb. 24, 2020 -- CarGurus, Inc. (Nasdaq: CARG), a leading global automotive marketplace, today announced that Jason Trevisan, Chief Financial Officer, is.
CarGurus, (CARG) a leading automotive marketplace, today announced it received “Top Rated” Awards for both New Car and Used Car Advertising in the tenth annual DrivingSales Dealer Satisfaction Awards. CarGurus received a top dealer satisfaction ranking in both the new and used car leads categories, as determined by the thousands of auto dealers who are part of the DrivingSales.com community. "For the fifth consecutive year, CarGurus is proud to have won Dealer Satisfaction Awards for both our new and used car advertising products," said Ashley Karr, Vice President of B2B Marketing at CarGurus.
CAMBRIDGE, Mass., Feb. 14, 2020 -- In a release issued under the same headline on Thursday, February 13, 2020 by CarGurus, Inc. (Nasdaq: CARG), due to a newswire service.
CarGurus (CARG), a leading global online automotive marketplace, today has launched its inaugural “One Voice” report in the U.S. at the 2020 NADA Show. This comprehensive report examines the major issues that dealerships are analyzing for their business’s 2020 performance, including areas such as inventory sourcing, digital trends, margin growth and lead management. The One Voice report revealed that 76% of used car dealers found it more difficult to find the right inventory in 2019 compared to the year before, with one third of those dealers expressing that inventory sourcing was either very or extremely difficult.
CarGurus (CARG) delivered earnings and revenue surprises of 21.43% and 2.17%, respectively, for the quarter ended December 2019. Do the numbers hold clues to what lies ahead for the stock?
Fourth Quarter Highlights: Total revenue of $158.2 million, an increase of 25% year-over-yearGAAP operating income of $13.6 million; non-GAAP operating income of $23.1.
In the fourth quarter, overall earnings and revenues for the auto sector are projected to decline 58% and 10.4% year over year, respectively.
CarGurus (CARG), a leading automotive shopping site, today announced the nationwide launch of its Real-time Performance Marketing (RPM) suite for dealerships to strengthen and optimize their digital marketing programs. Leveraging the power of CarGurus’ engaged, industry-leading car shopping audience of more than 38 million unique U.S. monthly visitors, RPM will help dealers drive more high-quality traffic to dealership websites and locations through multiple digital channels.
CarGurus (CARG) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
CarGurus (CARG), a leading global automotive marketplace, today announced the appointment of Andrea Eldridge as Chief People Officer. In this new role, Eldridge will oversee all people operations at the company, including talent acquisition and management, diversity, equity and inclusion, leadership development and total rewards, among other areas. CarGurus is now the most visited automotive shopping site in the U.S.1, and the fastest growing in the U.K.2.
CAMBRIDGE, Mass., Jan. 28, 2020 -- CarGurus (Nasdaq: CARG) a leading automotive marketplace, today released the results of its second annual CarGurus Sedan Survey. Findings.
CarGurus, a leading global automotive marketplace, today announced it has acquired Autolist, an innovative car shopping platform based in San Francisco, CA. The acquisition expands CarGurus’ category-leading consumer audience and will help enable the company to further enhance its unique value proposition for subscribing dealers. CarGurus will operate Autolist as a standalone brand and website.
CAMBRIDGE, Mass., Jan. 14, 2020 -- CarGurus, Inc. (Nasdaq: CARG), a leading global automotive marketplace, announced it will issue a press release reporting financial results.
CarGurus (CARG), a leading global automotive marketplace, today announced it has signed a 15-year lease on roughly 275,000 square feet of space at 1001 Boylston Street in Boston. The project, to be developed by Samuels & Associates, is the first air rights project in Boston in 40 years and is scheduled for completion in 2023. The building will allow CarGurus, which is currently headquartered across three offices in Cambridge, MA, to unite its fast-growing team in one building at a prime Back Bay location.
CarGurus, a leading online automotive marketplace, today announced that Nissan Canada has joined Kia and General Motors in the company’s Certified Pre-Owned (CPO) Partner Program for the Canadian market. As part of this program, Nissan’s CPO vehicles will now be listed as manufacturer-certified on the CarGurus platform, making the clear distinction that they are certified by the automaker. “CarGurus is charged with improving the consumer experience of shopping for a vehicle, and we are excited to have Nissan join us in our efforts,” said Rory Edwards, vice president of global business development at CarGurus.
CAMBRIDGE, Mass., Dec. 02, 2019 -- CarGurus, Inc. (Nasdaq: CARG), a leading global automotive marketplace, today announced that Jason Trevisan, Chief Financial Officer, is.
CAMBRIDGE, Mass., Nov. 18, 2019 -- CarGurus, Inc. (Nasdaq: CARG), a leading global automotive marketplace, today announced that Tom Caputo, Chief Product Officer, is scheduled.