In Thursday’s Wall Street session, CarGurus Inc (NASDAQ:CARG) shares traded at $33.7, up 0.15% from the previous session.
CARG stock price is now 7.74% away from the 50-day moving average and 2.17% away from the 200-day moving average. The market capitalization of the company currently stands at $3.33B.
On March 27, 2025, JP Morgan Downgraded its previous ‘Overweight’ rating to ‘Neutral’ on the stock reducing its target price from $42 to quote $34, while ‘Needham’ rates the stock as ‘Buy’
In other news, Sarnoff Dafna, Chief Marketing Officer sold 4,168 shares of the company’s stock on Jul 02 ’25. The stock was sold for $137,919 at an average price of $33.09. Upon completion of the transaction, the Chief Marketing Officer now directly owns 115,183 shares in the company, valued at $3.88 million. An SEC document containing details of the transaction can be found on the SEC’s website. On Jul 02 ’25, Chief Technology Officer Quinn Matthew Todd sold 3,789 shares of the business’s stock. A total of $125,378 was realized by selling the stock at an average price of $33.09. This leaves the insider owning 216,877 shares of the company worth $7.31 million. A total of 18.51% of the company’s stock is owned by insiders.
During the past 12 months, CarGurus Inc has had a low of $21.65 and a high of $41.33. As of last week, the company has a debt-to-equity ratio of 0.49, a current ratio of 2.52, and a quick ratio of 2.51. According to the stock market information, the enterprise value for the company is $3330966528, which is based on a 94.56 price-to-earnings ratio, a 5.29 price-to-earnings-growth ratio, and a beta of 1.42. The fifty day moving average price for CARG is $31.279 and a two-hundred day moving average price translates $32.98295 for the stock.
The latest earnings results from CarGurus Inc (NASDAQ: CARG) was released for 2025-03-31. The net profit margin was 4.28% and return on equity was 7.98% for CARG. The company reported revenue of $225.16 million for the quarter, compared to $215.8 million a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 4.34 percent. For the current quarter, analysts expect CARG to generate $232.29M in revenue.
