CarGurus Inc (CARG): A Case For Going Higher

After Hours

There is a slight risk associated with trading before and after the market open. Due to lower liquidity and higher volatility, extended-hours trading may result in wider spreads on particular security due to the release of critical financial information after regular trading hours.

Stocks Info

This NASDAQ-listed company operates within the Auto & Truck Dealerships industry segment, falling under the Consumer Cyclical sector. The current market capitalization of CarGurus Inc is $4.02B. A total of 0.75 million shares were traded on the day, compared to an average of 635.46K shares.

In the most recent transaction, Zales Samuel sold 17,666 shares of CARG for 37.73 per share on Dec 02 ’24. After the transaction, the COO and President now owns 442,321 company shares. In a previous transaction on Dec 02 ’24, Sarnoff Dafna sold 2,693 shares at 37.49 per share. CARG shares that Chief Marketing Officer owns now total 109,967.

Among the insiders who bought shares, Sarnoff Dafna acquired of 2,693 shares on Dec 02 ’24 at a per-share price of $37.49. In another insider transaction, Zales Samuel bought 17,666 shares at $37.49 per share on Dec 02 ’24.

Even though price targets are rarely accurate, they do tend to exert some kind of influence from time to time and are often considered important by markets. In terms of 52-week highs and lows, CARG has a high of $38.15 and a low of $21.12.

Balance Sheet Annually/Quarterly

In a balance sheet, you can see what assets and liabilities the company has, as well as how much equity investors have invested. These figures can be used to calculate a company’s financial ratios to give investors a better idea of its prospects. CARG’s latest balance sheet shows that the firm has $321.94M in Cash & Short Term Investments as of fiscal 2021. There were $70.70M in debt and $170.71M in liabilities at the time. Its Book Value Per Share was $4.68, while its Total Shareholder’s Equity was $679.65M.

Analysts Opinion

The risks associated with pre-market and after-hours trading may be slightly higher than the regular market hours. The reason is that extended-hours trading may result in wider spreads for particular security due to lower liquidity and higher volatility as issuers often announce critical financial information outside regular trading hours. Currently, 0 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for CARG is Buy with a score of 4.23.

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