CarGurus Inc [CARG] stock is trading at $31.08, up 11.20%. Until recently, the best way to gauge how the stock has performed was to look at its short-term value. The CARG shares have gain 10.25% over the last week, with a monthly amount glided 11.20%, and seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
CarGurus Inc [NASDAQ: CARG] stock has seen the most recent analyst activity on March 27, 2025, when JP Morgan downgraded its rating to a Neutral and also revised its price target to $34 from $42. Previously, Needham reaffirmed its Buy rating on January 16, 2025, and elevated its price target to $45. On June 07, 2024, upgrade upgraded it’s rating to Mkt Outperform but maintained its price target of $30 on the stock. Needham reiterated its Buy rating and increased its price target to $24 on February 27, 2024. UBS initiated its recommendation with a Neutral and recommended $21 as its price target on September 15, 2023. B. Riley Securities started tracking with a Buy rating for this stock on July 20, 2023, and assigned it a price target of $28. In a note dated June 27, 2023, JP Morgan initiated an Overweight rating and provided a target price of $29 on this stock.
CarGurus Inc [CARG] stock has fluctuated between $21.65 and $41.33 over the past year. Currently, Wall Street analysts expect the stock to reach $29.25 within the next 12 months. CarGurus Inc [NASDAQ: CARG] shares were valued at $31.08 at the most recent close of the market. An investor can expect a potential drop of -5.89% based on the average CARG price forecast.
Analyzing the CARG fundamentals
CarGurus Inc [NASDAQ:CARG] reported sales of 903.75M for the trailing twelve months, which represents a growth of 4.34%. Gross Profit Margin for this corporation currently stands at 0.82% with Operating Profit Margin at 0.16%, Pretax Profit Margin comes in at 0.03%, and Net Profit Margin reading is 0.02%. To continue investigating profitability, this company’s Return on Assets is posted at 0.03, Equity is 0.04 and Total Capital is 0.19. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.36.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 30.39 points at the first support level, and at 29.69 for the second support level. However, for the 1st resistance point, the stock is sitting at 31.91, and for the 2nd resistance point, it is at 32.74.
Ratios To Look Out For
For context, CarGurus Inc’s Current Ratio is 2.52. As well, the Quick Ratio is 2.51, while the Cash Ratio is 3.27. Considering the valuation of this stock, the price to sales ratio is 3.40, the price to book ratio is 7.62 and price to earnings (TTM) ratio is 87.21.
Transactions by insiders
Recent insider trading involved Steinert Langley, Executive Chair, that happened on May 07 ’25 when 20640.0 shares were sold. Executive Chair, Steinert Langley completed a deal on May 06 ’25 to sell 18588.0 shares. Meanwhile, Executive Chair Steinert Langley sold 2291.0 shares on May 07 ’25.
