Reiterated CarGurus Inc (CARG) Rating.
On Tuesday morning D.A. Davidson have a $54 target price per share on CarGurus Inc (CARG). A upside potential of 38.60 % have this target price per share. The $4.32 billion market cap company have “Buy” stock rating released in analysts report.
CarGurus, Inc. (NASDAQ:CARG) Ratings Coverage
In total 7 analysts cover CarGurus (CARG). “Buy” rating has 7, “Sell” are 0, while 0 are “Hold”. 100% are bullish. 10 are the (CARG)’s analyst reports since November 8, 2018 according to StockzIntelligence Inc. The company rating was maintained by Benchmark on Friday, March 1. On Friday, March 1 the rating was maintained by SunTrust with “Buy”. On Thursday, March 14 the rating was maintained by SunTrust with “Buy”. On Tuesday, March 26 the firm has “Buy” rating given by DA Davidson. On Thursday, November 8 RBC Capital Markets maintained CarGurus, Inc. (NASDAQ:CARG) rating. RBC Capital Markets has “Outperform” rating and $59 target. On Friday, March 1 the firm earned “Buy” rating by Oppenheimer.
CARG touched $38.96 during the last trading session after $0.03 change.Currently CarGurus, Inc. is uptrending after 23.14% change in last March 27, 2018. CARG has also 275,443 shares volume. CARG outperformed the S&P500 by 18.77%.
CarGurus, Inc. (NASDAQ:CARG)’s earnings release is expected by WallStreet on May, 2, RTT reports. EPS of $0.05 is 66.67 % up from 2018’s $0.03 EPS. If CARG’s EPS is $0.05 the profit will be $5.54 million for 194.80 P/E. After $0.11 EPS was announced previous quarter, analysts now see negative EPS growth of -54.55 % for CarGurus, Inc..
CarGurus, Inc. operates an online automotive marketplace connecting buyers and sellers of new and used cars worldwide.The firm is worth $4.32 billion. The company's marketplace enables users with third-party validation on pricing, dealer reputation, and other information.68.44 is the P/E ratio. As of June 30, 2017, it had an active dealer network of approximately 40,000 dealers; and approximately 5.4 million car listings.
For more CarGurus, Inc. (NASDAQ:CARG) news posted recently go to: Nasdaq.com, Nasdaq.com, Nasdaq.com, Globenewswire.com or Gurufocus.com. The titles are as follows: “CarGurus Sees Hammer Chart Pattern: Time to Buy? – Nasdaq” posted on December 04, 2018, “Harley (HOG) Widens Electric Portfolio With StaCyc Acquisition – Nasdaq” on March 08, 2019, “First Week of November 15th Options Trading For CarGurus (CARG) – Nasdaq” with a publish date: March 20, 2019, “CarGurus to Present at Goldman Sachs Technology and Internet Conference – GlobeNewswire” and the last “Mar 11, 2019 – Cargurus Inc (CARG) CEO and Chairman Langley Steinert Sold $5.1 million of Shares – GuruFocus.com” with publication date: March 11, 2019.
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