Cargurus Stock Price on December 2, 2024

CARG Stock  USD 38.11  0.24  0.63%   
Below is the normalized historical share price chart for CarGurus extending back to October 12, 2017. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of CarGurus stands at 38.11, as last reported on the 11th of December 2024, with the highest price reaching 38.44 and the lowest price hitting 37.70 during the day.
IPO Date
12th of October 2017
200 Day MA
27.0822
50 Day MA
33.4408
Beta
1.555
 
Covid
If you're considering investing in CarGurus Stock, it is important to understand the factors that can impact its price. CarGurus appears to be very steady, given 3 months investment horizon. CarGurus secures Sharpe Ratio (or Efficiency) of 0.3, which signifies that the company had a 0.3% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for CarGurus, which you can use to evaluate the volatility of the firm. Please makes use of CarGurus' Risk Adjusted Performance of 0.2321, mean deviation of 1.31, and Downside Deviation of 1.31 to double-check if our risk estimates are consistent with your expectations.
  
At this time, CarGurus' Stock Based Compensation To Revenue is most likely to increase slightly in the upcoming years. . The CarGurus' current Price Earnings Ratio is estimated to increase to 92.36, while Price To Sales Ratio is projected to decrease to 2.84. CarGurus Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = 0.3042

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Estimated Market Risk

 1.57
  actual daily
13
87% of assets are more volatile

Expected Return

 0.48
  actual daily
9
91% of assets have higher returns

Risk-Adjusted Return

 0.3
  actual daily
23
77% of assets perform better
Based on monthly moving average CarGurus is performing at about 23% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of CarGurus by adding it to a well-diversified portfolio.
Price Book
8.1234
Enterprise Value Ebitda
37.4032
Price Sales
4.446
Shares Float
86 M
Wall Street Target Price
38.2692

CarGurus Main Headline on 2nd of December 2024

Filed transaction by CarGurus Officer: Chief Marketing Officer. Disposition to the issuer of issuer equity securities pursuant to Rule 16b-3(e)

CarGurus Valuation on December 2, 2024

It is possible to determine the worth of CarGurus on a given historical date. On December 2, 2024 CarGurus was worth 37.49 at the beginning of the trading date compared to the closed value of 37.87. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of CarGurus stock. Still, in general, we apply an absolute valuation method to find CarGurus' value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of CarGurus where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against CarGurus' related companies.
 Open High Low Close Volume
  37.68    38.15    37.54    37.82    467,289  
12/02/2024
  37.49    38.01    37.28    37.87    638,792  
  37.71    38.10    37.41    38.06    466,120  
Backtest CarGurus  |  CarGurus History  |  CarGurus Valuation   PreviousNext  
Open Value
37.49
37.87
Closing Value
42.21
Upside

CarGurus Trading Date Momentum on December 2, 2024

On December 03 2024 CarGurus was traded for  38.06  at the closing time. The top price for the day was 38.10  and the lowest listed price was  37.41 . The trading volume for the day was 466.1 K. The trading history from December 3, 2024 was a factor to the next trading day price rise. The overall trading delta against the next closing price was 0.50% . The overall trading delta against the current closing price is 0.03% .

CarGurus Fundamentals Correlations and Trends

By evaluating CarGurus' financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among CarGurus' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. CarGurus financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About CarGurus Stock history

CarGurus investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for CarGurus is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in CarGurus will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing CarGurus stock prices may prove useful in developing a viable investing in CarGurus
Last ReportedProjected for Next Year
Common Stock Shares Outstanding114.2 M119.1 M
Net Income Applicable To Common Shares222.9 M234 M

CarGurus Quarterly Net Working Capital

176.28 Million

CarGurus Stock Technical Analysis

CarGurus technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
A focus of CarGurus technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of CarGurus trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Price Boundaries

CarGurus Period Price Range

Low
December 11, 2024
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High

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CarGurus cannot be verified against its exchange. Please verify the symbol is currently traded on NASDAQ Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.

CarGurus December 11, 2024 Market Strength

Market strength indicators help investors to evaluate how CarGurus stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading CarGurus shares will generate the highest return on investment. By undertsting and applying CarGurus stock market strength indicators, traders can identify CarGurus entry and exit signals to maximize returns

CarGurus Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for CarGurus' price direction in advance. Along with the technical and fundamental analysis of CarGurus Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of CarGurus to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.

Complementary Tools for CarGurus Stock analysis

When running CarGurus' price analysis, check to measure CarGurus' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy CarGurus is operating at the current time. Most of CarGurus' value examination focuses on studying past and present price action to predict the probability of CarGurus' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move CarGurus' price. Additionally, you may evaluate how the addition of CarGurus to your portfolios can decrease your overall portfolio volatility.
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