CarGurus (NASDAQ:CARG) Issues Q1 2025 Earnings Guidance

CarGurus (NASDAQ:CARGGet Free Report) updated its first quarter 2025 earnings guidance on Thursday. The company provided earnings per share (EPS) guidance of 0.410-0.470 for the period, compared to the consensus estimate of 0.420. The company issued revenue guidance of $216.0 million-$236.0 million, compared to the consensus revenue estimate of $239.1 million.

Analyst Ratings Changes

Several equities research analysts have recently issued reports on CARG shares. Needham & Company LLC reaffirmed a “buy” rating and issued a $45.00 price objective on shares of CarGurus in a research note on Friday. Oppenheimer raised their price target on CarGurus from $32.00 to $44.00 and gave the stock an “outperform” rating in a research report on Friday, November 8th. B. Riley lifted their price objective on shares of CarGurus from $30.00 to $40.00 and gave the stock a “buy” rating in a research note on Monday, November 11th. JMP Securities reissued a “market outperform” rating and issued a $46.00 target price on shares of CarGurus in a research note on Monday, December 16th. Finally, Citigroup raised shares of CarGurus from a “hold” rating to a “strong-buy” rating in a research note on Monday, November 11th. Two analysts have rated the stock with a hold rating, eight have given a buy rating and one has assigned a strong buy rating to the company. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average price target of $38.41.

View Our Latest Analysis on CarGurus

CarGurus Price Performance

CarGurus stock opened at $37.59 on Friday. The stock has a market cap of $3.90 billion, a price-to-earnings ratio of -81.72, a price-to-earnings-growth ratio of 1.74 and a beta of 1.59. The firm has a 50-day moving average of $37.94 and a two-hundred day moving average of $33.60. CarGurus has a 1 year low of $21.18 and a 1 year high of $41.33.

CarGurus (NASDAQ:CARGGet Free Report) last announced its quarterly earnings data on Thursday, February 20th. The company reported $0.44 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.50 by ($0.06). CarGurus had a positive return on equity of 13.96% and a negative net margin of 5.47%. Research analysts expect that CarGurus will post 1.25 earnings per share for the current year.

Insider Activity

In other CarGurus news, CMO Dafna Sarnoff sold 10,570 shares of the stock in a transaction on Friday, January 3rd. The stock was sold at an average price of $35.78, for a total transaction of $378,194.60. Following the sale, the chief marketing officer now owns 95,261 shares of the company’s stock, valued at approximately $3,408,438.58. This trade represents a 9.99 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, COO Samuel Zales sold 7,500 shares of CarGurus stock in a transaction on Monday, December 16th. The shares were sold at an average price of $37.70, for a total value of $282,750.00. Following the completion of the transaction, the chief operating officer now owns 434,821 shares in the company, valued at $16,392,751.70. This represents a 1.70 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 59,388 shares of company stock worth $2,204,338. Company insiders own 17.20% of the company’s stock.

CarGurus Company Profile

(Get Free Report)

CarGurus, Inc operates an online automotive platform for buying and selling vehicles in the United States and internationally. It operates through two segments, U.S. Marketplace and Digital Wholesale. The company provides an online automotive marketplace where customers can search for new and used car listings from its dealers and sell their car to dealers and other consumers; and paid listings subscriptions for enhanced access to its marketplace that connects dealers to a large audience of informed and engaged consumers.

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