An Evaluation Of CarGurus Inc (NASDAQ: CARG) Prospects

After Hours

After-hours and pre-market trading may carry slightly higher risks than regular market hours. As issuers often announce important financial information outside regular trading hours, extended-hours trading may result in wider spreads for a particular security. That is because extended-hours trading may result in lower liquidity and higher volatility.

Stocks Info

CARG belongs to the Consumer Cyclical sector of the NASDAQ while operating in the Auto & Truck Dealerships industry. The current market capitalization of CarGurus Inc is $3.85B. A total of 0.6 million shares were traded on the day, compared to an average of 616.90K shares.

In the most recent transaction, Zales Samuel sold 9,857 shares of CARG for 36.62 per share on Jan 02 ’25. After the transaction, the COO and President now owns 434,821 company shares. In a previous transaction on Jan 03 ’25, Sarnoff Dafna sold 10,570 shares at 35.78 per share. CARG shares that Chief Marketing Officer owns now total 95,261.

Among the insiders who sold shares, Quinn Matthew Todd disposed of 4,678 shares on Jan 03 ’25 at a per-share price of $35.78. This resulted in the Chief Technology Officer holding 195,795 shares of CARG after the transaction. In another insider transaction, Hallowell Zachary Emerson sold 4,580 shares at $35.78 per share on Jan 03 ’25. Company shares held by the CEO, CarOffer now total 120,051.

While price targets are rarely accurate, they tend to exert some kind of influence from time to time and are often taken into account by investors. In terms of 52-week highs and lows, CARG has a high of $39.10 and a low of $21.18.

Balance Sheet Annually/Quarterly

An organization’s balance sheet depicts the assets and liabilities it has, as well as the amount of equity invested. Investors can measure a company’s prospects by calculating its financial ratios using this information. 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

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. 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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