Langley Steinert - CarGurus Founder Chairman

CARG Stock  USD 30.11  0.24  0.80%   

Chairman

Mr. Langley Steinert is the Chairman of the Board, Chief Executive Officer of Cargurus Inc. he was President of the company since 2019.
Age 61
Tenure 6 years
Professional MarksMBA
Phone617 354 0068
Webhttps://www.cargurus.com
Steinert is the Chief Executive Officer, Founder of the Company, Steinert founded CarGurus in 2006 with a vision for helping automotive shoppers better navigate their car search. Since then, the company has grown to become a leading global automotive marketplace, helping millions of shoppers find great car deals and connect with toprated dealers. Prior to founding CarGurus, Langley was Chairman/cofounder of TripAdvisor, now the world’s largest online travel website. He also held management rolls at Viaweb, Papyrus, and Lotus Development Corporation Langley holds an MBA from the Tuck School at Dartmouth College and a BA from Georgetown University. We believe Mr. Steinert is qualified to serve as a member of our board of directors because of his extensive experience in the online marketplace industry. As our founder and Chief Executive Officer, we also value his deep understanding of our business as it has evolved over time.

Langley Steinert Latest Insider Activity

Tracking and analyzing the buying and selling activities of Langley Steinert against CarGurus stock is an integral part of due diligence when investing in CarGurus. Langley Steinert insider activity provides valuable insight into whether CarGurus is net buyers or sellers over its current business cycle. Note, CarGurus insiders must abide by specific rules, including filing SEC forms every time they buy or sell CarGurus'shares to prevent insider trading or benefiting illegally from material non-public information that their positions give them access to.

CarGurus Management Efficiency

The company has return on total asset (ROA) of 0.1132 % which means that it generated a profit of $0.1132 on every $100 spent on assets. This is way below average. Similarly, it shows a return on stockholder's equity (ROE) of 0.0362 %, meaning that it created $0.0362 on every $100 dollars invested by stockholders. CarGurus' management efficiency ratios could be used to measure how well CarGurus manages its routine affairs as well as how well it operates its assets and liabilities.
CarGurus currently holds 192.74 M in liabilities with Debt to Equity (D/E) ratio of 0.09, which may suggest the company is not taking enough advantage from borrowing. CarGurus has a current ratio of 3.98, suggesting that it is liquid enough and is able to pay its financial obligations when due. Note, when we think about CarGurus' use of debt, we should always consider it together with its cash and equity.

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CarGurus, Inc. operates an online automotive marketplace connecting buyers and sellers of new and used cars in the United States and internationally. CarGurus, Inc. was founded in 2005 and is headquartered in Cambridge, Massachusetts. Cargurus Inc operates under Internet Content Information classification in the United States and is traded on NASDAQ Exchange. It employs 1203 people. CarGurus (CARG) is traded on NASDAQ Exchange in USA. It is located in 1001 Boylston Street, Boston, MA, United States, 02115 and employs 1,282 people. CarGurus is listed under Business Services category by Fama And French industry classification.

Management Performance

CarGurus Leadership Team

Elected by the shareholders, the CarGurus' board of directors comprises two types of representatives: CarGurus inside directors who are chosen from within the company, and outside directors, selected externally and held independent of CarGurus. The board's role is to monitor CarGurus' management team and ensure that shareholders' interests are well served. CarGurus' inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, CarGurus' outside directors are responsible for providing unbiased perspectives on the board's policies.
Andrea Eldridge, Chief Officer
Elisa Palazzo, Principal Officer
Langley Steinert, Founder Chairman
Dafna Sarnoff, Chief Officer
Javier Zamora, General Secretary
Brad Rosenfeld, Executive Commercialization
Kirndeep Singh, VP Relations
Zachary Hallowell, Chief CarOffer
Yann Gellot, Principal Officer
Jason Trevisan, Treasurer CEO
Jennifer Hanson, Chief Officer
Brian Kramer, Director Relations
Samuel Zales, COO President
Bruce Thompson, Founder CarOffer
Matthew Quinn, Chief Officer
Ismail Elshareef, Chief Officer

CarGurus Stock Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is CarGurus a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.

Currently Active Assets on Macroaxis

When determining whether CarGurus is a strong investment it is important to analyze CarGurus' competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact CarGurus' future performance. For an informed investment choice regarding CarGurus Stock, refer to the following important reports:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in CarGurus. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area.
For more detail on how to invest in CarGurus Stock please use our How to Invest in CarGurus guide.
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Is Business Services space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of CarGurus. If investors know CarGurus will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about CarGurus listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of CarGurus is measured differently than its book value, which is the value of CarGurus that is recorded on the company's balance sheet. Investors also form their own opinion of CarGurus' value that differs from its market value or its book value, called intrinsic value, which is CarGurus' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because CarGurus' market value can be influenced by many factors that don't directly affect CarGurus' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between CarGurus' value and its price as these two are different measures arrived at by different means. Investors typically determine if CarGurus is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, CarGurus' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.