CarGurus Net Worth
CarGurus Net Worth Breakdown | CARG |
CarGurus Net Worth Analysis
CarGurus' net worth analysis, or its valuation, is the process of determining the total value of the company. This involves assessing a range of factors, including CarGurus' financial performance, assets, liabilities, and potential for growth. The ultimate goal is to provide a clear understanding of CarGurus' overall worth, which can help investors make informed investment decisions. There are several methods that can be used to perform CarGurus' net worth analysis. One common approach is to calculate CarGurus' market capitalization.Another approach is to use the price-to-earnings ratio (P/E ratio), which compares CarGurus' stock price to its earnings per share (EPS). Discounted cash flow (DCF) analysis is another popular method for assessing CarGurus' net worth. This approach calculates the present value of CarGurus' future cash flows, taking into account factors such as growth rate, profitability, and risk. By comparing the present value of CarGurus' cash flows to its current stock price, investors can gain a better understanding of the company's overall value. Finally, investors may use comparable company analysis to evaluate CarGurus' net worth. This involves comparing CarGurus' financial metrics to similar companies in the same industry. By identifying companies with similar financial characteristics, investors can gain insight into CarGurus' net worth relative to its peers.
Enterprise Value |
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To determine if CarGurus is a good investment, evaluating the company's potential for future growth is also very important. This may include expanding into new markets, launching new products or services, or improving operational efficiency. Companies with strong growth prospects can be more attractive investments. This aspect of the research should be conducted in the context of the overall market and industry in which the company operates and should include an analysis of growth potential, competitive landscape, and any regulatory or economic factors that could impact the business. Some of the essential points regarding CarGurus' net worth research are outlined below:
| CarGurus had very high historical volatility over the last 90 days | |
| CarGurus is unlikely to experience financial distress in the next 2 years | |
| CarGurus has a strong financial position based on the latest SEC filings | |
| Over 98.0% of the company shares are held by institutions such as insurance companies | |
| Latest headline from news.google.com: CarGurus, Inc. Receives Average Recommendation of Moderate Buy from Analysts - MarketBeat |
CarGurus uses earnings reports to provide investors with an update of all three financial statements, including the income statement, the balance sheet, and the cash flow statement. Therefore, it is also crucial when considering investing in CarGurus. Every quarterly earnings report provides investors with an overview of sales, expenses, and net income for the most recent period. It also may provide a comparison to CarGurus' previous reporting period. The quarterly earnings reports are usually disseminated to the public via Form 10-Q, which is a legal document filed with the Securities and Exchange Commission every quarter.
| 27th of February 2024 Upcoming Quarterly Report | View | |
| 14th of May 2024 Next Financial Report | View | |
| 31st of December 2023 Next Fiscal Quarter End | View | |
| 27th of February 2024 Next Fiscal Year End | View | |
| 30th of September 2023 Last Quarter Report | View | |
| 31st of December 2022 Last Financial Announcement | View |
Know CarGurus' Top Institutional Investors
Have you ever been surprised when a price of an equity instrument such as CarGurus is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading CarGurus backward and forwards among themselves. CarGurus' institutional investor refers to the entity that pools money to purchase CarGurus' securities or originate loans. Institutional investors include commercial and private banks, credit unions, insurance companies, pension funds, hedge funds, endowments, and mutual funds. Operating companies that invest excess capital in these types of assets may also be included in the term and may influence corporate governance by exercising voting rights in their investments.
| Shares | Vitruvian Partners | 2024-06-30 | 1.4 M | Sunriver Management Llc | 2024-06-30 | 1.3 M | Prevatt Capital Ltd | 2024-06-30 | 1.1 M | Select Equity Group Lp | 2024-06-30 | 1.1 M | Fort Washington Investment Advisors Inc | 2024-06-30 | 1.1 M | Charles Schwab Investment Management Inc | 2024-06-30 | 953.4 K | Northern Trust Corp | 2024-06-30 | 918 K | Morgan Stanley - Brokerage Accounts | 2024-06-30 | 801.1 K | Glenmede Trust Co Na | 2024-06-30 | 789.3 K | Blackrock Inc | 2024-06-30 | 12.7 M | Vanguard Group Inc | 2024-06-30 | 9.3 M |
Follow CarGurus' market capitalization trends
The company currently falls under 'Mid-Cap' category with a current market capitalization of 3.07 B.Market Cap |
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Project CarGurus' profitablity
| Last Reported | Projected for Next Year | ||
| Return On Tangible Assets | 0.05 | 0.09 | |
| Return On Capital Employed | 0.04 | 0.04 | |
| Return On Assets | 0.04 | 0.08 | |
| Return On Equity | 0.06 | 0.11 |
When accessing CarGurus' net worth, it's important to look at multiple sources and consider different scenarios. For example, gross profit margin measures CarGurus' profitability after accounting for the cost of goods sold, while net profit margin measures profitability after accounting for all expenses. Other important metrics include return on assets, return on equity, and free cash flow. By reviewing multiple sources and metrics, you can gain a complete picture of CarGurus' profitability and make more informed investment decisions.
Please note, the presentation of CarGurus' financial position, as portrayed in its financial statements, is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, CarGurus' management is honest, while the outside auditors are strict and uncompromising. Please utilize our Beneish M Score to check the likelihood of CarGurus' management manipulating its earnings.
Evaluate CarGurus' management efficiency
CarGurus has return on total asset (ROA) of 0.0426 % which means that it generated a profit of $0.0426 on every $100 spent on assets. This is way below average. Similarly, it shows a return on stockholder's equity (ROE) of (0.0863) %, meaning that it created substantial loss on money invested by shareholders. 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. At this time, CarGurus' Return On Equity is most likely to increase slightly in the upcoming years. At this time, CarGurus' Non Currrent Assets Other are most likely to increase significantly in the upcoming years. The CarGurus' current Other Current Assets is estimated to increase to about 28 M, while Other Assets are projected to decrease to roughly 44.2 M.| Last Reported | Projected for Next Year | ||
| Book Value Per Share | 5.45 | 5.72 | |
| Tangible Book Value Per Share | 3.85 | 2.02 | |
| Enterprise Value Over EBITDA | 32.54 | 34.17 | |
| Price Book Value Ratio | 4.44 | 4.21 | |
| Enterprise Value Multiple | 32.54 | 34.17 | |
| Price Fair Value | 4.44 | 4.21 | |
| Enterprise Value | 2.6 B | 3.3 B |
The analysis of CarGurus' management efficiency is an essential part of evaluating and assessing the financial and operational performance of the entity. It is also vital to analyze CarGurus' future growth prospects and the overall market conditions to determine the value and potential of its stock. The analysis involves studying a range of financial metrics such as revenue, earnings, profit margins, cash flow, debt, market share, and external factors such as economic trends, industry outlook, competition, and government regulations. The goal of CarGurus Stock analysis is to determine whether it is undervalued, fairly valued, or overvalued and to make informed investment decisions.
Enterprise Value Revenue 3.474 | Revenue 877 M | Quarterly Revenue Growth (0.09) | Revenue Per Share 8.061 | Return On Equity (0.09) |
Some recent studies suggest that insider trading raises the cost of capital for securities issuers and decreases overall economic growth. Trading by specific CarGurus insiders, such as employees or executives, is commonly permitted as long as it does not rely on CarGurus' material information that is not in the public domain. Local jurisdictions usually require such trading to be reported in order to monitor insider transactions. In many U.S. states, trading conducted by corporate officers, key employees, directors, or significant shareholders must be reported to the regulator or publicly disclosed, usually within a few business days of the trade. In these cases CarGurus insiders are required to file a Form 4 with the U.S. Securities and Exchange Commission (SEC) when buying or selling shares of their own companies.
CarGurus Corporate Filings
F4 | 18th of September 2024 The report filed by a party regarding the acquisition or disposition of a company's common stock, as well as derivative securities such as options, warrants, and convertible securities | ViewVerify |
| 11th of September 2024 Other Reports | ViewVerify | |
8K | 8th of August 2024 Report filed with the SEC to announce major events that shareholders should know about | ViewVerify |
| 24th of May 2024 Other Reports | ViewVerify |
CarGurus Earnings per Share Projection vs Actual
CarGurus Corporate Management
| Andrea Eldridge | Chief Officer | Profile | |
| Elisa Palazzo | Principal Officer | Profile | |
| Dafna Sarnoff | Chief Officer | Profile | |
| Javier Zamora | General Secretary | Profile | |
| Brad Rosenfeld | Executive Commercialization | Profile | |
| Kirndeep Singh | VP Relations | Profile |
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 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.You can also try the ETFs module to find actively traded Exchange Traded Funds (ETF) from around the world.
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.