CarGurus Common Stock Total Equity from 2010 to 2024

CARG Stock  USD 29.69  0.33  1.12%   
CarGurus' Common Stock Total Equity is increasing over the last several years with slightly volatile swings. Common Stock Total Equity is predicted to flatten to about 105.2 K. Common Stock Total Equity is the total value of common stock equity held by shareholders, representing their ownership interest in the company. View All Fundamentals
 
Common Stock Total Equity  
First Reported
2016-12-31
Previous Quarter
114 K
Current Value
113 K
Quarterly Volatility
19.7 K
 
Covid
Check CarGurus financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among CarGurus' main balance sheet or income statement drivers, such as Tax Provision of 34.4 M, Interest Income of 16.5 M or Depreciation And Amortization of 63.3 M, as well as many indicators such as Price To Sales Ratio of 2.84, Dividend Yield of 0.0 or PTB Ratio of 4.21. CarGurus financial statements analysis is a perfect complement when working with CarGurus Valuation or Volatility modules.
  
Check out the analysis of CarGurus Correlation against competitors.
For more detail on how to invest in CarGurus Stock please use our How to Invest in CarGurus guide.

Latest CarGurus' Common Stock Total Equity Growth Pattern

Below is the plot of the Common Stock Total Equity of CarGurus over the last few years. It is the total value of common stock equity held by shareholders, representing their ownership interest in the company. CarGurus' Common Stock Total Equity historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in CarGurus' overall financial position and show how it may be relating to other accounts over time.
Common Stock Total Equity10 Years Trend
Slightly volatile
   Common Stock Total Equity   
       Timeline  

CarGurus Common Stock Total Equity Regression Statistics

Arithmetic Mean82,059
Geometric Mean73,720
Coefficient Of Variation45.02
Mean Deviation34,989
Median105,188
Standard Deviation36,941
Sample Variance1.4B
Range93.7K
R-Value0.88
Mean Square Error338.1M
R-Squared0.77
Significance0.000017
Slope7,248
Total Sum of Squares19.1B

CarGurus Common Stock Total Equity History

2024105.2 K
2023135.7 K
2021118 K
2020113 K
2019112 K
2018111 K
2017106 K

About CarGurus Financial Statements

CarGurus stakeholders use historical fundamental indicators, such as CarGurus' Common Stock Total Equity, to determine how well the company is positioned to perform in the future. Although CarGurus investors may analyze each financial statement separately, they are all interrelated. For example, changes in CarGurus' assets and liabilities are reflected in the revenues and expenses on CarGurus' income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in CarGurus. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Common Stock Total Equity135.7 K105.2 K

Currently Active Assets on Macroaxis

Additional Information and Resources on Investing in CarGurus Stock

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 the analysis of CarGurus Correlation against competitors.
For more detail on how to invest in CarGurus Stock please use our How to Invest in CarGurus guide.
You can also try the Portfolio Suggestion module to get suggestions outside of your existing asset allocation including your own model portfolios.
Is Interactive Media & 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.
Quarterly Earnings Growth
0.942
Earnings Share
(0.48)
Revenue Per Share
8.061
Quarterly Revenue Growth
(0.09)
Return On Assets
0.0426
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.