CarGurus: Repositioned For Growth
- CarGurus is a solid turnaround name that is insulated from market volatility and has a reasonable valuation. The company is the #1 site for used car research in the U.S. and has seen re-accelerating growth and strong traffic results. Improved profitability in its wholesale subsidiary, CarOffer, has substantially lifted the stock's adjusted EBITDA profile.
- 04/14/2024
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Earnings Season Shows Some Momentum for Online Car Platforms
- Through the past several months, buying a car — used or new — has been, to put it mildly, out of reach. Inflation has run rampant.
- 03/14/2024
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CarGurus Stock is Set for a Rally This Quarter, Above all Peers
- Some businesses could soon see the bullish side effects of a resilient consumer amongst the pretext of potential interest rate cuts coming this year from the FED. According to the FedWatch tool at the CME Group NASDAQ: CME, these pivots could be coming as soon as May of this year.
- 02/29/2024
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CarGurus, Inc. (CARG) Q4 2023 Earnings Call Transcript
- CarGurus, Inc. (NASDAQ:CARG) Q4 2023 Earnings Conference Call February 26, 2024 5:00 PM ET
- 02/26/2024
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Compared to Estimates, CarGurus (CARG) Q4 Earnings: A Look at Key Metrics
- The headline numbers for CarGurus (CARG) give insight into how the company performed in the quarter ended December 2023, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.
- 02/26/2024
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CarGurus had a better quarter, but all eyes focus on weaker guidance
- CarGurus Inc. shares fell more than 11% in the extended session Monday after investors looked past a better-than-expected quarter for the online car-selling platform to zero in on weaker current-quarter guidance.
- 02/26/2024
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Curious about CarGurus (CARG) Q4 Performance? Explore Wall Street Estimates for Key Metrics
- Beyond analysts' top -and-bottom-line estimates for CarGurus (CARG), evaluate projections for some of its key metrics to gain a better insight into how the business might have performed for the quarter ended December 2023.
- 02/21/2024
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CarGurus To Report Fourth Quarter and Full-Year 2023 Financial Results
- CAMBRIDGE, Mass., Feb. 01, 2024 (GLOBE NEWSWIRE) -- CarGurus, Inc. (Nasdaq: CARG), the No. 1 visited digital auto platform for shopping, buying, and selling new and used vehicles1, announced it will issue a press release reporting financial results for the fourth quarter and fiscal year ended December 31st, 2023, after the close of the market on February 26th, 2024.
- 02/01/2024
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CarGurus: Finally Getting Back On Its Feet, Buy Before Q4 Earnings (Rating Upgrade)
- CarGurus is experiencing a return to accelerating growth rates in its marketplace business, which is a high-margin source of revenue. The company has stabilized its wholesale arm and profits are around breakeven despite a smaller scale. CarGurus' improving metrics include an increase in paid dealer counts, higher revenue per paying dealer, and an 8% growth in marketplace revenue.
- 01/29/2024
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CarGurus to Present at 26th Annual Needham Growth Conference
- CAMBRIDGE, Mass., Jan. 11, 2024 (GLOBE NEWSWIRE) -- CarGurus, Inc. (Nasdaq: CARG), the No. 1 visited digital auto platform for shopping, buying, and selling new and used vehicles1, today announced that Jason Trevisan, Chief Executive Officer, is scheduled to participate in a fireside chat at the 26th Annual Needham Growth Conference on Thursday, January 18th at 3:45 PM ET.
- 01/11/2024
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Best Value Stocks to Buy for January 9th
- EG, TM and CARG made it to the Zacks Rank #1 (Strong Buy) value stocks list on January 9, 2024.
- 01/09/2024
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Has CarGurus (CARG) Outpaced Other Auto-Tires-Trucks Stocks This Year?
- Here is how CarGurus (CARG) and Modine (MOD) have performed compared to their sector so far this year.
- 12/29/2023
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4 Top-Ranked Auto Stocks That Crushed the Market in 2023
- Despite high vehicle financing costs, auto sales witnessed growth on pent-up demand and improved inventory levels. Industry players like STLA, RACE, GP and CARG handily outpaced the market.
- 12/28/2023
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CarGurus (CARG) Is Up 2.24% in One Week: What You Should Know
- Does CarGurus (CARG) have what it takes to be a top stock pick for momentum investors? Let's find out.
- 12/27/2023
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Last chance to prepare your portfolio for tax season
- Have you noticed how most businesses, namely retail and car dealerships, like Ralph Lauren NYSE: RL and Carvana NYSE: CVNA, have been upping their email marketing campaigns to include company-wide discounts and promotions to get their inventories moving? There's a reason behind priming customers like yourself for a sales spree.
- 12/19/2023
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New Strong Buy Stocks for December 14th
- MUSA, AVTX, ANIK, CARG and WES have been added to the Zacks Rank #1 (Strong Buy) List on December 14, 2023.
- 12/14/2023
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Are Auto-Tires-Trucks Stocks Lagging CarGurus (CARG) This Year?
- Here is how CarGurus (CARG) and Modine (MOD) have performed compared to their sector so far this year.
- 12/13/2023
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Are You Looking for a Top Momentum Pick? Why CarGurus (CARG) is a Great Choice
- Does CarGurus (CARG) have what it takes to be a top stock pick for momentum investors? Let's find out.
- 12/01/2023
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Should Value Investors Buy CarGurus (CARG) Stock?
- Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
- 11/28/2023
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Is CarGurus (CARG) Stock Outpacing Its Auto-Tires-Trucks Peers This Year?
- Here is how CarGurus (CARG) and Modine (MOD) have performed compared to their sector so far this year.
- 11/27/2023
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Surging Earnings Estimates Signal Upside for CarGurus (CARG) Stock
- CarGurus (CARG) shares have started gaining and might continue moving higher in the near term, as indicated by solid earnings estimate revisions.
- 11/23/2023
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CarGurus to Present at Upcoming Conferences
- CAMBRIDGE, Mass., Nov. 09, 2023 (GLOBE NEWSWIRE) -- CarGurus, Inc. (Nasdaq: CARG), the No. 1 visited digital auto platform for shopping, buying, and selling new and used vehicles1, today announced that Jason Trevisan, Chief Executive Officer, is scheduled to participate in fireside chats at the following conferences:
- 11/09/2023
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Here's What Key Metrics Tell Us About CarGurus (CARG) Q3 Earnings
- While the top- and bottom-line numbers for CarGurus (CARG) give a sense of how the business performed in the quarter ended September 2023, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.
- 11/07/2023
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CarGurus, Inc. (CARG) Q3 2023 Earnings Call Transcript
- CarGurus, Inc. (NASDAQ:CARG ) Q3 2023 Earnings Conference Call November 7, 2023 5:00 PM ET Company Participants Kirndeep Singh - VP & Head, Investment Jason Trevisan - Chief Executive Officer Sam Zales - President & Chief Operating Officer Conference Call Participants Rajat Gupta - JPMorgan Nick Jones - JMP Securities Tom White - D.A. Davidson Naved Khan - B.
- 11/07/2023
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CarGurus' stock leaps 6% on earnings beat, deal to buy CarOffer
- Shares of CarGurus Inc. CARG, -0.76% rose more than 6% in the extended session Tuesday after the online car marketplace reported third-quarter results that were above Wall Street expectations. CarGurus earned $22.3 million, or 17 cents a share, in the quarter, compared with $107 million, or 14 cents a share, in the year-ago quarter.
- 11/07/2023
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Exploring Analyst Estimates for CarGurus (CARG) Q3 Earnings, Beyond Revenue and EPS
- Beyond analysts' top -and-bottom-line estimates for CarGurus (CARG), evaluate projections for some of its key metrics to gain a better insight into how the business might have performed for the quarter ended September 2023.
- 11/02/2023
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EV sales are up but not all EVs are selling at the same rate, says CarGurus' Kevin Roberts
- Kevin Roberts, CarGurus, joins 'Fast Money' to talk ballooning EV inventory at car dealerships and what it means for the EV industry as a whole.
- 10/31/2023
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CarGurus: Improvements At CarOffer Bode Well Stock
- CarGurus' core business remains solid, and should do well in the current environment. The company has revamped its Digital Wholesale business and saw positive EBITDA in Q2. The stock looks attractive at current levels.
- 10/21/2023
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CarGurus To Report Third Quarter 2023 Financial Results
- CAMBRIDGE, Mass., Oct. 17, 2023 (GLOBE NEWSWIRE) -- CarGurus, Inc. (Nasdaq: CARG), the No. 1 visited digital auto platform for shopping, buying, and selling new and used vehicles1, announced it will issue a press release reporting financial results for the third quarter ended September 30th, 2023, after the close of the market on November 7th, 2023.
- 10/17/2023
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Hidden Gems: 3 Stocks Flying Under the Radar
- As the broader market plateaus after its recovery rally, there remain hidden pockets of value across under-followed sectors, and with smaller-cap companies. With investors fixated on mega-cap tech and blue-chip stocks, many quality companies without much coverage continue to trade at a discount.
- 09/26/2023
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How UAW strike will benefit online auto advertisers like CarGurus and Cars.com
- Tom White, senior research analyst at D.A. Davidson, joins 'The Exchange' to discuss how online auto advertisers like cars.com and CarGurus will benefit from the ongoing auto strike, what this strike means for auto dealers and more.
- 09/19/2023
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Largest Auto Strike in History Looms: Potential Winners & Losers
- The UAW, or United Auto Workers, is a prominent labor union in the United States that primarily represents workers in the automotive and related industries. Founded in 1935, the UAW is one of the largest labor unions in the country and has nearly one million members.
- 09/14/2023
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Why Analysts Love These 2 Car Sales Platforms, And Avoid Dealers
- Remember when every car dealer on the street had no inventory and lead times extended up to a year for specific brands? The chip shortage causing supply bottlenecks in motor vehicles is taking a back seat to catch its breath and hopefully never come back into the arena.
- 08/30/2023
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3 Auto Stocks to Buy as New Car Affordability Plummets
- Before jumping into which auto stocks investors should consider buying let's look at the numbers surrounding affordability. The numbers are pretty shocking, frankly.
- 08/16/2023
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Don't Like Carvana? You Might Love CarGurus
- It seems customary to put valuations on high-growth internet stocks that are absolutely insane. Yet CarGurus Inc. ( CARG , Financial) seems to get different treatment.
- 08/11/2023
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CarGurus, Inc. (CARG) Q2 2023 Earnings Call Transcript
- CarGurus, Inc. (NASDAQ:CARG ) Q2 2023 Earnings Conference Call August 9, 2023 5:00 PM ET Company Participants Kirndeep Singh - VP and Head, Investment Jason Trevisan - CEO Sam Zales - President and COO Conference Call Participants Chris Pierce - Needham Jed Kelly - Oppenheimer Brad Erickson - RBC Capital Markets Naved Khan - B. Riley Securities John Colantuoni - Jefferies Marvin Fong - BTIG Ron Josey - Citi Nick Jones - JMP Securities Operator Good day and welcome to the CarGurus' Second Quarter 2023 Earnings Conference Call.
- 08/10/2023
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CarGurus (CARG) Q2 Earnings: Taking a Look at Key Metrics Versus Estimates
- While the top- and bottom-line numbers for CarGurus (CARG) give a sense of how the business performed in the quarter ended June 2023, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.
- 08/09/2023
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CarGurus To Report Second Quarter 2023 Financial Results
- CAMBRIDGE, Mass., Aug. 07, 2023 (GLOBE NEWSWIRE) -- CarGurus, Inc. (Nasdaq: CARG), the No. 1 visited digital auto platform for shopping, buying, and selling new and used vehicles1, announced it will issue a press release reporting financial results for the second quarter ended June 30th, 2023, after the close of the market on August 9th, 2023.
- 08/07/2023
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CarGurus stock tanks 6% after online car marketplace delays earnings report
- Shares of CarGurus Inc. CARG, -3.89% dropped nearly 6% in the extended session Thursday after the online car marketplace postponed its second quarter earnings release and conference call with analysts scheduled for after the bell on Thursday. “CarGurus has not completed its customary quarterly closing and review procedures” for the quarter, the company said.
- 08/03/2023
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CarGurus Delays Earnings Release and Conference Call
- CAMBRIDGE, Mass., Aug. 03, 2023 (GLOBE NEWSWIRE) -- CarGurus, Inc. (Nasdaq: CARG), the No. 1 visited digital auto platform for shopping, buying, and selling new and used vehicles1, today announced that it will delay its second quarter 2023 earnings release and conference call, previously scheduled for 5:00 p.m. Eastern Time on August 3, 2023. CarGurus has not completed its customary quarterly closing and review procedures for the three months ended June 30, 2023. CarGurus will announce the date of the rescheduled earnings release and conference call in a subsequent press release.
- 08/03/2023
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CarGurus To Report Second Quarter 2023 Financial Results
- CAMBRIDGE, Mass., July 20, 2023 (GLOBE NEWSWIRE) -- CarGurus, Inc. (Nasdaq: CARG), the No. 1 visited digital auto platform for shopping, buying, and selling new and used vehicles1, announced it will issue a press release reporting financial results for the second quarter ended June 30th, 2023, after the close of the market on August 3rd, 2023.
- 07/20/2023
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Earnings Estimates Moving Higher for CarGurus (CARG): Time to Buy?
- CarGurus (CARG) shares have started gaining and might continue moving higher in the near term, as indicated by solid earnings estimate revisions.
- 07/07/2023
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Why Its Worth Taking a Closer Look at the Automotive Aftermarket
- The automotive aftermarket is full of challenge and opportunity, and investors would do well to keep an eye on it.
- 06/23/2023
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U.S. stocks appear headed for a flat open, but keep an eye peeled Monday for Dish, Gannett, Palo Alto Networks, CarGurus and others
- Here are some prospective movers to keep an eye on Monday, when the U.S. stock market, as of early Sunday evening Eastern time, appeared poised for a muted start to the new week.
- 06/04/2023
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2 Top Stocks Likely to Exceed Earnings Estimates
- These top-ranked stocks are likely to beat on bottom line in their next releases. Tap CarGurus (CARG) and Toll Brothers (TOL).
- 05/31/2023
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Can CarGurus (CARG) Run Higher on Rising Earnings Estimates?
- CarGurus (CARG) shares have started gaining and might continue moving higher in the near term, as indicated by solid earnings estimate revisions.
- 05/22/2023
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Why CarGurus Stock Was Up This Week
- CarGurus remained profitable even as sales slumped. Investors are bracing for a tough 2023, followed by a rebound next year.
- 05/12/2023
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Why CarGurus Stock Jumped on Wednesday
- Revenue fell by nearly 50% in Q1. CarGurus remained profitable and is calling for steady earnings results in Q2.
- 05/10/2023
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CarGurus (CARG) Q1 Earnings and Revenues Beat Estimates
- CarGurus (CARG) came out with quarterly earnings of $0.26 per share, beating the Zacks Consensus Estimate of $0.16 per share. This compares to earnings of $0.36 per share a year ago.
- 05/09/2023
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CarGurus stock rallies after hours as results, forecast beat estimates
- Online car-buying platform CarGurus Inc. CARG on Tuesday reported first-quarter results and a second-quarter forecast that topped Wall Street's estimates, sending shares 10.9% higher in after-hours trade. The company said it expected second-quarter sales of $220 million to $240 million, above FactSet estimates for $222.2 million, and adjusted earnings per share of 22 cents to 25 cents, above estimates for 18 cents.
- 05/09/2023
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CarGurus to Report First Quarter 2023 Financial Results
- CAMBRIDGE, Mass., April 18, 2023 (GLOBE NEWSWIRE) -- CarGurus, Inc. (Nasdaq: CARG), the No. 1 visited digital auto platform for shopping, buying, and selling new and used vehicles1, announced it will issue a press release reporting financial results for the First Quarter ended March 31st, 2023, after the close of the market on May 9th, 2023.
- 04/18/2023
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4 Auto Stocks That Outperformed in Q1: Will the Rally Continue?
- Stocks including BLBD, CARG, QS and LAZR register more than 30% gains on the bourses in Q1, outperforming the sector's growth of 27%. Should you cash out of these stocks or stay invested?
- 04/04/2023
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CarGurus, Vroom Show Connected Car's Journey Starts at Point of Sale
- There are plenty of bumps in the road for auto sales. Inventory is improving but is still constrained, and inflation continues to keep car prices lofty.
- 03/01/2023
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Consumers are more interested in cars under $30,000 than they were, says CarGurus CEO Jason Trevisan
- CNBC's Phil LeBeau and Jason Trevisan, CEO of CarGurus, joins 'Power Lunch' to discuss strong quarterly earnings, revenue volatility in wholesale car sales and digitizing car purchases online.
- 03/01/2023
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CarGurus (CARG) Q4 Earnings and Revenues Surpass Estimates
- CarGurus (CARG) delivered earnings and revenue surprises of 144.44% and 2.67%, respectively, for the quarter ended December 2022. Do the numbers hold clues to what lies ahead for the stock?
- 02/28/2023
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Should You Buy CarGurus (CARG) Ahead of Earnings?
- CarGurus (CARG) is seeing favorable earnings estimate revision activity and has a positive Zacks Earnings ESP heading into earnings season.
- 02/27/2023
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CarGurus: Issues With CarOffer Present An Opportunity
- Issues at CarOffer have overshadowed CARG's strong core business. A slightly more difficult used car market should bode well for CARG.
- 02/23/2023
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LKQ to Release Q4 Earnings: What Should Investors Expect?
- The Zacks Consensus Estimate for LKQ's Q4 earnings per share and revenues is pegged at 84 cents and $3.01 billion, respectively.
- 02/20/2023
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CarGurus to Report Fourth Quarter and Full-Year 2022 Financial Results
- CAMBRIDGE, Mass., Jan. 30, 2023 (GLOBE NEWSWIRE) -- CarGurus, Inc. (Nasdaq: CARG), the No. 1 visited digital auto platform for shopping, buying, and selling new and used vehicles1, announced it will issue a press reporting financial results for the fourth quarter and fiscal year ended December 31, 2022, after the close of the market on February 28th, 2023.
- 01/30/2023
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CarGurus to Present at 25th Annual Needham Growth Conference
- CAMBRIDGE, Mass., Jan. 05, 2023 (GLOBE NEWSWIRE) -- CarGurus, Inc. (Nasdaq: CARG), the No. 1 visited digital auto platform for shopping, buying, and selling new and used vehicles1, today announced that Jason Trevisan, Chief Executive Officer, is scheduled to virtually present at the 25th Annual Needham Growth Conference on Thursday, January 12th at 10:15 AM ET.
- 01/05/2023
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CarGurus: Changing Market Catches Company Off Guard
- CarGurus, Inc. is playing catch-up in a rapidly changing wholesale market. Instant Max Cash took a big hit sequentially as the number of transactions and average selling prices fell.
- 12/27/2022
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CarGurus: Not Worth Sticking Around For A Comeback
- Shares of CarGurus have dropped more than 60% this year on weakening performance. Investors are also rightly unnerved over the company's expanding Instant Max Cash Offer program, which is still operating at negative margins.
- 12/27/2022
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KMX Stock Dives As Used Car Price Bubble Unwinds
- KMX stock dived Thursday after Q3 earnings deeply undercut analysts' target. Used car prices are falling.
- 12/22/2022
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Carvana, CarGurus stocks started at hold rating by Citi
- Citi analysts on Tuesday started covering Carvana Co. and CarGurus Inc. stocks at the equivalent of a hold rating, saying the online car marketplaces stand to benefit from growing consumer desire for online shopping and gaining market share in a fragmented industry.
- 12/13/2022
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CarGurus to Present at The Raymond James 2022 Technology Investors Conference
- CAMBRIDGE, Mass., Nov. 28, 2022 (GLOBE NEWSWIRE) -- CarGurus, Inc. (Nasdaq: CARG), a multinational, online automotive platform for buying and selling vehicles, today announced that Jason Trevisan, Chief Executive Officer, is scheduled to present at the Raymond James 2022 Technology Investors Conference on Monday, December 5th at 11:30 AM ET.
- 11/28/2022
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Are Investors Undervaluing CarGurus (CARG) Right Now?
- Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
- 11/14/2022
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CarGurus, Inc. (CARG) Q3 2022 Earnings Call Transcript
- CarGurus, Inc. (NASDAQ:CARG ) Q3 2022 Earnings Conference Call November 8, 2022 5:00 PM ET Company Participants Kirndeep Singh - Vice President, Investor Relations Jason Trevisan - Chief Executive Officer Sam Zales - President and COO Conference Call Participants Chris Pierce - Needham Jed Kelly - Oppenheimer Nick Jones - JMP Securities Brad Erickson - RBC Capital Markets Ralph Schackart - William Blair Doug Arthur - Huber Research Naved Khan - Truist Securities Tevis Robinson - D.A. Davidson Operator Greetings, ladies and gentlemen.
- 11/08/2022
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CarGurus (CARG) Misses Q3 Earnings and Revenue Estimates
- CarGurus (CARG) delivered earnings and revenue surprises of -19.23% and 7.93%, respectively, for the quarter ended September 2022. Do the numbers hold clues to what lies ahead for the stock?
- 11/08/2022
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CarGurus stock dives as fourth-quarter forecast comes up well short of expectations
- Shares of CarGurus Inc. CARG, -3.17% nosedived on Tuesday after the online platform for buying and selling cars reported third-quarter results that missed expectations and issued a forecast that came in well below expectations. CarGurus reported net income of $18.8 million, or 14 cents a share, compared with $29.3 million, or 24 cents a share, in the third quarter a year earlier.
- 11/08/2022
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Earnings Preview: CarGurus (CARG) Q3 Earnings Expected to Decline
- CarGurus (CARG) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
- 11/01/2022
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CarGurus to Report Third Quarter 2022 Financial Results
- CAMBRIDGE, Mass., Oct. 18, 2022 (GLOBE NEWSWIRE) -- CarGurus, Inc. (Nasdaq: CARG), a multinational, online automotive platform for buying and selling vehicles, announced it will issue a press release reporting financial results for the third quarter ended September 30, 2022, after the close of the market on November 8, 2022.
- 10/18/2022
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CarGurus: A Great Company At A Compelling Price
- Since the beginning of this year, CarGurus has fallen off at quite a fast pace. CarGurus trades at low valuations relative to its EV/FCF and P/S of 13.1 and 1.1 respectively.
- 10/13/2022
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CarGurus: Intriguing At All-Time Lows
- CarGurus is one of the most visited car sites in America, but traffic is falling as are expectations. The market has beaten this stock to all-time lows.
- 10/12/2022
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Is the Options Market Predicting a Spike in CarGurus (CARG) Stock?
- Investors need to pay close attention to CarGurus (CARG) stock based on the movements in the options market lately.
- 09/21/2022
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CarGurus to Present at Truist Securities Internet Growth Summit
- CAMBRIDGE, Mass., Sept. 06, 2022 (GLOBE NEWSWIRE) -- CarGurus, Inc. (Nasdaq: CARG), a multinational, online automotive platform for buying and selling vehicles, today announced that Jason Trevisan, Chief Executive Officer, is scheduled to virtually present at the Truist Securities Internet Growth Summit on Monday, September 12th at 2:00 PM ET.
- 09/06/2022
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CarGurus Slumps, Company Sees Slowing Q3 Sales, Reduced Demand for Cars
- Shares of online automotive platform CarGurus fell as much as 15% in extended trading Monday (Aug 8) after the Cambridge, Mass-based company said its sales for the current quarter would slow from Q2.
- 08/09/2022
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CarGurus, Inc's (CARG) CEO Jason Trevisan on Q2 2022 Results - Earnings Call Transcript
- CarGurus, Inc. (NASDAQ:CARG ) Q2 2022 Earnings Conference Call August 8, 2022 5:00 PM ET Company Participants Kirndeep Singh – Vice President-Investor Relations Jason Trevisan – Chief Executive Officer Scot Fredo – Chief Financial Officer Sam Zales – President and Chief Operating Officer Conference Call Participants Chris Pierce – Needham Brad Erickson – RBC Capital Markets Marvin Fong – BTIG Tom White – D.A. Davidson Naved Khan – Truist Securities Ralph Schackart – William Blair John Colantuoni – Jefferies Nick Jones – JMP Securities Doug Arthur – Huber Research Jed Kelly – Oppenheimer Operator Greetings, and welcome to the CarGurus Inc. Second Quarter 2022 Earnings Results Conference Call.
- 08/09/2022
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CarGurus (CARG) Q2 Earnings and Revenues Beat Estimates
- CarGurus (CARG) delivered earnings and revenue surprises of 10.34% and 0.88%, respectively, for the quarter ended June 2022. Do the numbers hold clues to what lies ahead for the stock?
- 08/08/2022
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Carvana rivals' stocks plunge after earnings
- While Carvana Inc. shares soared despite weaker-than-expected financial results last week, two of the online car-seller's smaller rivals were not as fortunate Monday.
- 08/08/2022
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CarGurus to Report Second Quarter 2022 Financial Results
- CAMBRIDGE, Mass., July 18, 2022 (GLOBE NEWSWIRE) -- CarGurus, Inc. (Nasdaq: CARG), a multinational, online automotive platform for buying and selling vehicles, announced it will issue a press release reporting financial results for the second quarter ended June 30, 2022, after the close of the market on August 8, 2022.
- 07/18/2022
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CarGurus Launches Digital Platform to Connect Dealers With Shoppers
- Online vehicle platform CarGurus has debuted CarGurus Digital Deal, a new retail offering that allows shoppers create personalized deals that meet their budgetary needs through dealers' listing pages, according to a Wednesday (May 11) press release. Digital Deal is CarGurus' follow-up to CarGurus Convert, a lead-based initiative which ended its 12-month pilot run earlier this […]
- 05/11/2022
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CarGurus, Inc. (CARG) CEO Jason Trevisan on Q1 2022 Results - Earnings Call Transcript
- CarGurus, Inc. (NASDAQ:CARG ) Q1 2022 Earnings Conference Call May 9, 2022 5:00 PM ET Company Participants Kirndeep Singh - Vice President, Investor Relations Jason Trevisan - Chief Executive Officer Scot Fredo - Chief Financial Officer Sam Zales - President and Chief Operating Officer Bruce Thompson - Founder and Chief Executive Officer, CarOffer Conference Call Participants John Colantuoni - Jefferies Chris Pierce - Needham Tom White - D.A. Davidson. Brad Erickson - RBC Capital Markets Jed Kelly - Oppenheimer Naved Khan - Truist Marvin Fong - BTIG Doug Arthur - Huber Research Alex Potter - Piper Sandler Operator Greetings, and welcome to the CarGurus Inc. First Quarter 2022 Earnings Results Conference Call.
- 05/09/2022
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CarGurus (CARG) Q1 Earnings and Revenues Top Estimates
- CarGurus (CARG) delivered earnings and revenue surprises of 2.86% and 6.28%, respectively, for the quarter ended March 2022. Do the numbers hold clues to what lies ahead for the stock?
- 05/09/2022
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CarGurus beats Q1 expectations, but stock falls
- Shares of CarGurus Inc. CARG, -6.05% dropped 12% in the extended session Monday after the online car marketplace reported first-quarter earnings and sales that beat Wall Street expectations, but called for lower-than-expected adjusted per-share earnings for its second quarter. CarGurus said it lost $62.1 million, or 53 cents a share, in the first quarter, compared with a loss of $22.4 million, or 19 cents a share, in the year-ago period.
- 05/09/2022
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GPC or CARG: Which Is the Better Value Stock Right Now?
- GPC vs. CARG: Which Stock Is the Better Value Option?
- 05/05/2022
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CarGurus: Cheap Considering The Transformation Brought By CarOffer
- CarGurus is undergoing an interesting transformation, becoming more of a marketplace that enables transactions, from the legacy listings business. Its purchase of car auction platform CarOffer is helping enable this transformation, and is also providing significant growth for the company.
- 04/25/2022
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Electric Vehicles: More people are inclined to buy an EV as gas prices soar, CarGurus says
- Cargurus.com Director of Consumer Insights Madison Edwards spoke with Yahoo Finance Live reporter Pras Subramanian to talk about the best states to drive an EV in, consumers' inclinations to buy an EV, gas price incentives, the EV market, and U.K. laws to allow TV viewing in self-driving cars.
- 04/24/2022
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GPC vs. CARG: Which Stock Is the Better Value Option?
- GPC vs. CARG: Which Stock Is the Better Value Option?
- 04/19/2022
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CarGurus to Report First Quarter 2022 Financial Results
- CAMBRIDGE, Mass., April 18, 2022 (GLOBE NEWSWIRE) -- CarGurus, Inc. (Nasdaq: CARG), a multinational, online automotive platform for buying and selling vehicles, announced it will issue a press release reporting financial results for the first quarter ended March 31, 2022, after the close of the market on May 9, 2022.
- 04/18/2022
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CarGurus: The Turnaround Is Here
- Shares of CarGurus have skyrocketed 20% year to date, dramatically outperforming fellow tech stocks during a period of extreme volatility. The company is driving growth through its acquisition of CarOffer, which facilitates car sales between dealerships.
- 04/16/2022
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Supply chain challenges remain in autos, says CarGurus' Kevin Roberts
- Kevin Roberts, CarGurus director of insights and analytics, joins 'The Exchange' to discuss auto sales and supply chain challenges.
- 04/07/2022
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This Stock Is Crushing the Market in 2022, and You've Probably Never Heard of It
- It may not be a household name, but investors should take notice.
- 04/01/2022
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5 Top Stocks Likely to Beat Earnings Estimates
- Top-ranked stocks PLAY, CARG, HOG, TSLA, MPC and MRO are likely to beat on bottom line in their next releases.
- 03/16/2022
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1 Under-the-Radar Growth Stock to Buy in March
- With a shift in its business model, CarGurus is becoming a one-stop-shop for car buyers and dealers.
- 03/05/2022
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CarGurus (CARG) Stock: Why It Substantially Increased
- The CarGurus Inc (NASDAQ: CARG) stock increased by 43.96% in the most recent trading session. This is why.
- 02/27/2022
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Friday's 2 Big Stock Winners Have This in Common
- Find out why investors saw gains of nearly 40%.
- 02/25/2022
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CarGurus, Inc. (CARG) CEO Jason Trevisan on Q4 2021 Results - Earnings Call Transcript
- CarGurus, Inc. (CARG) CEO Jason Trevisan on Q4 2021 Results - Earnings Call Transcript
- 02/25/2022
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CarGurus stock rallies after Q4 beat, Q1 guidance
- Shares of CarGurus Inc. CARG, +4.03% rallied more than 10% in the extended session Thursday after the online car marketplace reported adjusted earnings and sales well above Wall Street expectations and guided for a much better current-quarter sales than analysts estimate. CarGurus said it lost $80 million, or 68 cents a share, during the quarter, contrasting with earnings of $25 million, or 22 cents a share, in the year-ago quarter.
- 02/24/2022
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Is CarGurus (CARG) Outperforming Other Auto-Tires-Trucks Stocks This Year?
- Here is how CarGurus (CARG) and Polaris Inc (PII) have performed compared to their sector so far this year.
- 02/08/2022
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Pickup Truck Brand Loyalty Cracking CarGurus Study Shows
- The traditional brand loyalty among pickup truck owners appears to be eroding while interest in pickups powered by batteries is on the rise according to a new study by vehicle buying and research site CarGurus.com.
- 02/03/2022
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CarGurus to Report Fourth Quarter and Full-Year 2021 Financial Results
- CAMBRIDGE, Mass., Jan. 31, 2022 (GLOBE NEWSWIRE) -- CarGurus, Inc. (Nasdaq: CARG), a multinational, online automotive platform for buying and selling vehicles, announced it will issue a press release reporting financial results for the fourth quarter and fiscal year ended December 31, 2021, after the close of the market on February 24, 2022.
- 01/31/2022
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CarGurus 2.0: Rapid Subsidiary Growth Is Transforming The Business And Will Lead To A Rerating
- CarGurus 2.0: Rapid Subsidiary Growth Is Transforming The Business And Will Lead To A Rerating
- 01/31/2022
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CarGurus: In A Value Market, This Stock Shines
- CarGurus, a software and advertising platform for car dealerships, has slowly crept out of its trouble spot. Shares have been resilient in the recent tech selloff, demonstrating that investors are perceiving its undervaluation.
- 01/18/2022
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CarGurus to Present at the 24th Annual Needham Growth Conference
- CAMBRIDGE, Mass., Jan. 06, 2022 (GLOBE NEWSWIRE) -- CarGurus, Inc. (Nasdaq: CARG), a multinational, online automotive platform for buying and selling vehicles, today announced that Sam Zales, President and Chief Operating Officer, is scheduled to virtually present at the 24th Annual Needham Growth Conference on Thursday, January 13th at 9:15 AM ET.
- 01/06/2022
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Why CarGurus (CARG) Stock Might be a Great Pick
- CarGurusv (CARG) has seen solid earnings estimate revision activity over the past two months, and belongs to a strong industry as well.
- 01/06/2022
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GPC vs. CARG: Which Stock Should Value Investors Buy Now?
- GPC vs. CARG: Which Stock Is the Better Value Option?
- 12/29/2021
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GPC vs. CARG: Which Stock Is the Better Value Option?
- GPC vs. CARG: Which Stock Is the Better Value Option?
- 12/10/2021
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CarGurus Steps on the Gas After a Big Acquisition
- CarGurus revenue is accelerating with the addition of wholesale car sales to its business.
- 12/02/2021
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CarGurus to Present at the Raymond James Virtual Technology Investors Conference
- CAMBRIDGE, Mass., Nov. 30, 2021 (GLOBE NEWSWIRE) -- CarGurus, Inc. (Nasdaq: CARG), a multinational, online automotive platform for buying and selling vehicles, today announced that Sam Zales, President and Chief Operating Officer, is scheduled to virtually present at the Raymond James Technology Investors Conference on Tuesday, December 7th at 12:30 PM ET.
- 11/30/2021
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GPC vs. CARG: Which Stock Is the Better Value Option?
- GPC vs. CARG: Which Stock Is the Better Value Option?
- 11/24/2021
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CarGurus CEO: New car inventory is up, but still down about 70% from last year
- CarGurus CEO Jason Trevisan joins 'The Exchange' to discuss the changing nature of the new and used car market as the industry emerges from the pandemic. For access to live and exclusive video from CNBC subscribe to CNBC PRO: https://cnb.cx/2NGeIvi » Subscribe to CNBC TV: https://cnb.cx/SubscribeCNBCtelevision » Subscribe to CNBC: https://cnb.cx/SubscribeCNBC » Subscribe to CNBC Classic: https://cnb.cx/SubscribeCNBCclassic Turn to CNBC TV for the latest stock market news and analysis.
- 11/11/2021
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CarGurus to Present at 2021 RBC Capital Markets Technology, Internet, Media and Telecommunications Virtual Conference
- CAMBRIDGE, Mass., Nov. 10, 2021 (GLOBE NEWSWIRE) -- CarGurus, Inc. (Nasdaq: CARG), a multinational, online automotive platform for buying and selling vehicles, today announced that Jason Trevisan, Chief Executive Officer, is scheduled to virtually present at 2021 RBC Capital Markets Technology, Internet, Media and Telecommunications Conference on Wednesday, November 17th at 9:35 AM ET.
- 11/10/2021
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CarGurus' (CARG) CEO Jason Trevisan on Q3 2021 Results - Earnings Call Transcript
- CarGurus' (CARG) CEO Jason Trevisan on Q3 2021 Results - Earnings Call Transcript
- 11/09/2021
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CarGurus (CARG) Q3 Earnings and Revenues Surpass Estimates
- CarGurus (CARG) delivered earnings and revenue surprises of 18.75% and 3.53%, respectively, for the quarter ended September 2021. Do the numbers hold clues to what lies ahead for the stock?
- 11/09/2021
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GPC vs. CARG: Which Stock Should Value Investors Buy Now?
- GPC vs. CARG: Which Stock Is the Better Value Option?
- 11/08/2021
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CarGurus: Fast Growing Online Car Auction Platform
- CarGurus: Fast Growing Online Car Auction Platform
- 11/08/2021
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4 Auto Stocks Set for Q3 Earnings Beat Amid Industry Headwinds
- While the auto industry is currently facing chip crunch-related headwinds, stocks like CARG, VRM, PTRA and LEV look well poised to pull off third-quarter 2021 earnings beat.
- 11/05/2021
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Why CarGurus (CARG) Could Beat Earnings Estimates Again
- CarGurus (CARG) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.
- 10/26/2021
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3 Reasons Growth Investors Will Love CarGurus (CARG)
- CarGurus (CARG) possesses solid growth attributes, which could help it handily outperform the market.
- 10/22/2021
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CarGurus: Deep Value Stock With More Upside Potential
- The used car dealership has been left for dead and increasingly reminds me of Dropbox as an underrated deep value play growth stock. The online car marketplace is returning to growth and is simultaneously profitable, trading at just 20 times next year's earnings estimates.
- 10/21/2021
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CarGurus to Report Third Quarter 2021 Financial Results
- CAMBRIDGE, Mass., Oct. 18, 2021 (GLOBE NEWSWIRE) -- CarGurus, Inc. (Nasdaq: CARG), a multinational, online automotive platform for buying and selling vehicles, announced it will issue a press release reporting financial results for the third quarter ended September 30, 2021, after the close of the market on November 9, 2021.
- 10/18/2021
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CarGurus™ Instant Max Cash Offer Expands to Cover Nearly Half of the U.S. Population
- Rollout Gives Consumers Access to Highly Competitive Offers, While Opening Up Fresh Used Inventory to Dealers Rollout Gives Consumers Access to Highly Competitive Offers, While Opening Up Fresh Used Inventory to Dealers
- 10/08/2021
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CarGurus' Latest Digital Retail Capabilities Spotlighted in New Brand Creative
- “Do More From Home” Campaign Shows How CarGurus Instills Confidence in Vehicle Transactions “Do More From Home” Campaign Shows How CarGurus Instills Confidence in Vehicle Transactions
- 10/05/2021
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GPC or CARG: Which Is the Better Value Stock Right Now?
- GPC vs. CARG: Which Stock Is the Better Value Option?
- 10/01/2021
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CarGurus Announces 3rd Annual Navigate Conference
- Inspiring Sessions and a Diverse Agenda Headline Virtual Event for Dealers Inspiring Sessions and a Diverse Agenda Headline Virtual Event for Dealers
- 09/23/2021
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CarGurus™ Instant Max Cash Offer Rolls Out to Five More States
- Feature Gives Dealers Competitive Used Inventory Acquisition Channel; Consumers Drawn to Digital Process Feature Gives Dealers Competitive Used Inventory Acquisition Channel; Consumers Drawn to Digital Process
- 09/15/2021
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CarGurus Is An Attractive Platform Business Currently In Buy Territory
- CarGurus operates an attractive platform connecting car buyers and dealerships, with a strong track record of revenue growth.
- 09/08/2021
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CarGurus: This Story Is Slowly Getting Back On Track
- CarGurus delivered tremendous results in Q2, showing a near-full recovery post pandemic.
- 09/07/2021
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CarGurus to Present at Upcoming Conferences
- CAMBRIDGE, Mass., Sept. 02, 2021 (GLOBE NEWSWIRE) -- CarGurus, Inc. (Nasdaq: CARG), a multinational, online automotive platform for buying and selling vehicles, today announced that Jason Trevisan, Chief Executive Officer and Sam Zales, President and Chief Operating Officer are scheduled to virtually participate in fireside chats at the following conferences:
- 09/02/2021
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CarGurus (CARG) Now Trades Above Golden Cross: Time to Buy?
- Should investors be excited or worried when a stock's 50 -day simple moving average crosses above the 200-day simple moving average?
- 08/31/2021
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CarGurus (CARG): Strong Industry, Solid Earnings Estimate Revisions
- CarGurus (CARG) has seen solid earnings estimate revision activity over the past month, and belongs to a strong industry as well.
- 08/31/2021
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Should you invest in CarGurus shares after an upgrade from RBC?
- On Thursday, CarGurus Inc. (NASDAQ:CARG) shares surged more than 4% after RBC Capital Markets analysts upgraded the stock from sector-perform (neutral) to outperform (buy). Analyst Brad Erickson cited CarGurus' exciting mix of catalysts for the upgrade.
- 08/26/2021
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Thursday Afternoon Analyst Upgrades and Downgrades: CarGurus, Marathon Petroleum, Yum Brands and More
- The indexes all traded lower approaching the midday point on Thursday, after posting yet another round of new all-time highs on Wednesday.
- 08/26/2021
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CarGurus Announces 2021 Best Used Car Awards
- Program Identifies Best Used Vehicles Across Ten Body Style Categories; Mazda CX-5 Earns Editor's Choice as 2021's Best Overall Used Vehicle Program Identifies Best Used Vehicles Across Ten Body Style Categories; Mazda CX-5 Earns Editor's Choice as 2021's Best Overall Used Vehicle
- 08/10/2021
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CarGurus' (CARG) CEO Jason Trevisan on Q2 2021 Results - Earnings Call Transcript
- CarGurus' (CARG) CEO Jason Trevisan on Q2 2021 Results - Earnings Call Transcript
- 08/07/2021
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Recap: CarGurus Q2 Earnings
- Shares of CarGurus (NASDAQ:CARG) rose in after-market trading after the company reported Q2 results. Quarterly Results Earnings per share rose 115.79% over the past year to $0.41, which beat the estimate of $0.21.
- 08/05/2021
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CarGurus Launches Tool To Bring Dealers, Buyers Together
- Car dealers need used vehicles. Car buyers want to sell, but they're not crazy about walking into a dealership.
- 07/30/2021
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Consumers Can Sell Vehicles 100% Online with CarGurus Instant Max Cash Offer
- Dealerships Gain Digital Inventory Acquisition Channel to Tackle Industry Shortages Dealerships Gain Digital Inventory Acquisition Channel to Tackle Industry Shortages
- 07/30/2021
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CarGurus to Report Second Quarter 2021 Financial Results
- CAMBRIDGE, Mass., July 19, 2021 (GLOBE NEWSWIRE) -- CarGurus, Inc. (Nasdaq: CARG), a leading global online automotive marketplace, announced it will issue a press release reporting financial results for the second quarter ended June 30, 2021, after the close of the market on August 5, 2021.
- 07/19/2021
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CarGurus Launches New TV Campaign in Canada, Putting Car Buying Confidence in the Limelight
- Creative work highlights transparent experience, allowing car shoppers to find great deals Creative work highlights transparent experience, allowing car shoppers to find great deals
- 06/30/2021
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CarGurus Study Finds Over a Third of Canadian Car Shoppers Hope to Own an Autonomous Vehicle in Next Decade
- Comfort with self-driving technology grows, but hesitations around safety and cost remain Comfort with self-driving technology grows, but hesitations around safety and cost remain
- 06/24/2021
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CarGurus: Ready To Rebound
- CarGurus' fundamental health has come bouncing back after a rough year impacted by the pandemic. Comps are about to look a lot easier for CarGurus; and its Q2 guidance implies nearly 2x y/y growth alongside beating Wall Street's consensus.
- 06/23/2021
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Chipotle Mexican Grill, Dick's Sporting Goods, Nvidia and More Thursday Afternoon Analyst Calls
- With the trading day more than halfway over, the markets were pushing higher yet again.
- 05/27/2021
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CarGurus to Present at William Blair's 41st Annual Growth Stock Conference
- CAMBRIDGE, Mass., May 25, 2021 (GLOBE NEWSWIRE) -- CarGurus, Inc. (Nasdaq: CARG), a leading global online automotive marketplace, announced that Jason Trevisan, Chief Executive Officer and Scot Fredo, Chief Financial Officer, are scheduled to virtually present at William Blair's 41st Annual Growth Stock Conference on Thursday, June 3rd at 2:20 PM ET.
- 05/25/2021
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CarOffer's Dealer Enrollments Soar as its Instant Used Vehicle Trading Platform Provides Much Needed Inventory Supply
- More than 1,400 New Dealer Enrollments in March and April; Scott Johnston Named Chief Operating Officer More than 1,400 New Dealer Enrollments in March and April; Scott Johnston Named Chief Operating Officer
- 05/21/2021
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Week 19 MDA Breakout Stocks - May 2021: Short-Term Picks To Give You An Edge
- Week 19 MDA Breakout Stocks - May 2021: Short-Term Picks To Give You An Edge
- 05/10/2021
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CarGurus, Inc. (CARG) CEO Jason Trevisan on Q1 2021 Results - Earnings Call Transcript
- CarGurus, Inc. (CARG) CEO Jason Trevisan on Q1 2021 Results - Earnings Call Transcript
- 05/09/2021
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CarGurus Stock Jumps by 13.6% After Strong Q1 Report
- Growth in average revenue per dealer and a strong U.S. market drove better-than-expected results.
- 05/07/2021
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CarGurus Announces First Quarter 2021 Results
- First Quarter Highlights:
- 05/06/2021
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CarGurus Hires Brad Rosenfeld as Executive Vice President of Digital Retail Commercialization
- Former Amazon Executive to Lead CarGurus' Growing Digital Retail Business Unit Former Amazon Executive to Lead CarGurus' Growing Digital Retail Business Unit
- 04/28/2021
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Moving Average Crossover Alert: CarGurus
- CarGurus, Inc. (CARG) could be a stock to avoid from a technical perspective, as the firm is seeing unfavorable trends on the moving average crossover front.
- 04/23/2021
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CarGurus to Report First Quarter 2021 Financial Results
- CAMBRIDGE, Mass., April 22, 2021 (GLOBE NEWSWIRE) -- CarGurus, Inc. (Nasdaq: CARG), a leading global online automotive marketplace, announced it will issue a press release reporting financial results for the first quarter ended March 31, 2021, after the close of the market on May 6, 2021.
- 04/22/2021
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CarGurus Study Shows EV Consideration Soars, Tesla Dominance Challenged
- A new CarGurus study finds consideration for battery electric vehicles spiking, but consumers will only buy under certain conditions. Plus, Tesla's EV dominance may be short lived.
- 04/14/2021
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CarGurus: It May Feel Like Dumpster Diving, But This Stock Is A Diamond In The Rough
- CarGurus' fortunes have been tied to the sagging sales of used car dealerships across the U.S. Dealers have had to deal with a plethora of issues, including store closures, constrained car supply, and increased e-commerce competition.
- 04/11/2021
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Textron Rises, CarGurus Pops, and the Nasdaq Is Moving Higher
- Stocks were rising Thursday after the Federal Reserve confirmed its loose monetary policy position.
- 04/08/2021
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Probability Of CarGurus Rising After Falling Nearly 2% Last Week?
- CarGurus is an automotive research and shopping website which assists users in comparing listings for used and new cars, and contacting sellers. The stock fell by 1.6% in the last week.
- 03/23/2021
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CarGurus Announces Fifth Annual Top Rated Dealer Awards in Canada
- Dealerships with Highest Shopper Satisfaction Recognized by Leading Automotive Shopping Site Dealerships with Highest Shopper Satisfaction Recognized by Leading Automotive Shopping Site
- 03/16/2021
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CarGurus Study: Car Shoppers Want Honesty And Education In Finance Process
- A survey conducted by car buying and research website CarGurus, revealed shoppers enjoy being able to research and arrange financing online, but they want more information and transparency during their searches.
- 03/09/2021
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Why CarGurus' Stock Is Lower Today
- Earnings weren't bad, but they weren't great. Neither was the guidance.
- 02/12/2021
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CarGurus' (CARG) CEO Jason Trevisan on Q4 2020 Results - Earnings Call Transcript
- CarGurus' (CARG) CEO Jason Trevisan on Q4 2020 Results - Earnings Call Transcript
- 02/11/2021
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CarGurus (CARG) Surpasses Q4 Earnings and Revenue Estimates
- CarGurus (CARG) delivered earnings and revenue surprises of 18.52% and 1.97%, respectively, for the quarter ended December 2020. Do the numbers hold clues to what lies ahead for the stock?
- 02/11/2021
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CarGurus stock drops as earnings outlook falls short of Street estimate
- CarGurus Inc. CARG shares dropped in the extended session Thursday after the online used-car site's earnings forecast fell short of Wall Street estimates while results topped them. CarGurus shares fell 5% after hours, following a 2.5% decline in the regular session to close at $34.73.
- 02/11/2021
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CarGurus Announces Fourth Quarter 2020 and Full-Year 2020 Results
- Fourth Quarter Highlights:
- 02/11/2021
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CarGurus Launches Finance in Advance*™, A New Digital Retailing Feature
- Consumers Can Now Compare Financing Rates and Visit the Dealership More Prepared to Purchase a Vehicle
- 01/29/2021
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CarGurus to Report Fourth Quarter 2020 Financial Results
- CAMBRIDGE, Mass., Jan. 28, 2021 (GLOBE NEWSWIRE) -- CarGurus, Inc. (Nasdaq: CARG), a leading global online automotive marketplace, announced it will issue a press release reporting financial results for the fourth quarter and fiscal year ended December 31, 2020, after the close of the market on February 11, 2021.
- 01/28/2021
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CarGurus founder Steinert to step down as CEO
- CarGurus Inc. said late Thursday that its board of directors has appointed Jason Trevisan as the company's chief executive, with founder Langley Steinert becoming executive chairman. Steinert will "remain involved" in the running of company, focusing on longer-term strategy, the online car marketplace said, and continue to serve as board chair.
- 01/21/2021
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CarGurus Announces Executive Leadership Transition
- CAMBRIDGE, Mass., Jan. 21, 2021 (GLOBE NEWSWIRE) -- CarGurus (Nasdaq: CARG), a leading global online automotive marketplace, today announced that its Board of Directors has appointed Jason Trevisan to the position of Chief Executive Officer and as a member of the Board. Langley Steinert, founder, will become Executive Chairman of CarGurus and will remain involved in the company's long-term product innovation and corporate strategy. He will also continue to serve as Chairman of the Board of Directors. Trevisan previously served as CarGurus' Chief Financial Officer and President of International and has been with the company since 2015.
- 01/21/2021
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CarGurus Completes Acquisition of CarOffer
- CAMBRIDGE, Mass., Jan. 14, 2021 (GLOBE NEWSWIRE) -- CarGurus (Nasdaq: CARG), a leading global online automotive marketplace, today announced it has completed the acquisition of a 51% interest in CarOffer, with the ability to buy the remaining equity interest in the company over the next three years. The acquisition adds wholesale vehicle acquisition and selling capabilities to CarGurus' portfolio of dealer offerings. CarOffer was founded by auto industry veteran, Bruce Thompson, who will continue to lead the CarOffer brand and team from their Plano, Texas location.
- 01/14/2021
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CarGurus (CARG) Looks Good: Stock Adds 5.4% in Session
- CarGurus (CARG) saw a big move last session, as its shares jumped more than 5% on the day, amid huge volumes.
- 12/15/2020
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CarGurus Jumps Into Wholesale With Stake In CarOffer
- Online auto marketplace CarGurus.com has made a major play into whole vehicle sales with the purchase of a stake in CarOffer.
- 12/10/2020
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CarGurus Agrees to Acquire a Majority Stake in Instant Trade Platform, CarOffer
- Acquisition Will Fuel CarGurus' Platform Growth, With Expanded Capabilities To Help Dealers Buy and Sell Wholesale Inventory Acquisition Will Fuel CarGurus' Platform Growth, With Expanded Capabilities To Help Dealers Buy and Sell Wholesale Inventory
- 12/10/2020
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CarGurus Study Uncovers How Pandemic Impacted Automotive Industry in 2020
- Interest in Digital Retail is Up, While Public Transit and Ride Sharing are Down Interest in Digital Retail is Up, While Public Transit and Ride Sharing are Down
- 12/04/2020
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CarGurus to Present at Raymond James Technology Investors Conference
- CAMBRIDGE, Mass., Dec. 03, 2020 (GLOBE NEWSWIRE) -- CarGurus, Inc. (Nasdaq: CARG), a leading global, online automotive marketplace, today announced that Jason Trevisan, Chief Financial Officer and President, International, is scheduled to present at the Raymond James Technology Investors Conference at 2:20 PM ET on December 8, 2020.
- 12/03/2020
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CarGurus, Inc. (CARG) CEO Langley Steinert on Q3 2020 Results - Earnings Call Transcript
- CarGurus, Inc. (CARG) CEO Langley Steinert on Q3 2020 Results - Earnings Call Transcript
- 11/08/2020
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CarGurus Will Offer Free Marketplace Subscriptions in December for UK Dealers Due to Lockdowns
- LONDON, Nov. 06, 2020 (GLOBE NEWSWIRE) -- CarGurus (Nasdaq: CARG), the fastest growing online automotive marketplace in the UK1, today announced it will waive December marketplace subscription fees for dealers currently on CarGurus UK and PistonHeads platforms. The company is also offering free trials of its Area Boost product to its CarGurus' customers in December. The announcement comes on the heels of a second lockdown impacting dealers in parts of the UK.
- 11/06/2020
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CarGurus (CARG) Beats Q3 Earnings and Revenue Estimates
- CarGurus (CARG) delivered earnings and revenue surprises of 76.19% and 9.91%, respectively, for the quarter ended September 2020. Do the numbers hold clues to what lies ahead for the stock?
- 11/05/2020
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CarGurus, TrueCar report sagging Q3 sales
- Online car marketplace CarGurus Inc. and auto pricing website TrueCar, Inc. reported quarterly results on Thursday, with shares of TrueCar falling nearly 9% after the company missed third-quarter sales expectations and shares of CarGurus up 4% after a third-quarter beat. TrueCar said it earned $11.6 million, or 11 cents a share, in the quarter, versus a loss of 7 cents a share in the year-ago.
- 11/05/2020
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CarGurus Releases 2020 Pickup Truck Sentiment Study
- A nalysis shows several bright spots for popular vehicle segment, but affordability concerns remain amid pandemic
- 10/29/2020
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Nuveen Asset Management LLC Reduces Holdings in CarGurus Inc (NASDAQ:CARG)
- Nuveen Asset Management LLC lowered its holdings in shares of CarGurus Inc (NASDAQ:CARG) by 8.8% in the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 580,227 shares of the company’s stock after selling 55,700 shares during the period. Nuveen Asset Management […]
- 09/30/2020
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Handelsbanken Fonder AB Purchases New Holdings in CarGurus Inc (NASDAQ:CARG)
- Handelsbanken Fonder AB acquired a new stake in shares of CarGurus Inc (NASDAQ:CARG) during the second quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund acquired 17,300 shares of the company’s stock, valued at approximately $439,000. Other hedge funds and other institutional investors also recently added to or reduced […]
- 09/28/2020
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CarGurus Inc (NASDAQ:CARG) CEO Langley Steinert Sells 12,006 Shares
- CarGurus Inc (NASDAQ:CARG) CEO Langley Steinert sold 12,006 shares of the firm’s stock in a transaction dated Monday, September 14th. The shares were sold at an average price of $24.13, for a total value of $289,704.78. Following the completion of the sale, the chief executive officer now directly owns 1,132,247 shares in the company, valued […]
- 09/18/2020
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Wall Street Breakfast: The Week Ahead
- Listen on the go! A daily podcast of Wall Street Breakfast will be available by 8:00 a.m. on Seeking Alpha, iTunes, Stitcher and Spotify.
- 09/06/2020
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Stocks To Watch: Tech Reboots And Eyes On Lululemon, Peloton & GameStop
- Welcome to Seeking Alpha's Stocks to Watch - a preview of key events scheduled for the next week. Follow this account and turn the e-mail alert on to receive this article in your inbox every Saturday morning.
- 09/05/2020
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CarGurus: With Traffic Strong, Patient Investors Can Buy The Dip
- Squeezed by the fading fortunes of traditional car dealerships, CarGurus' business has decelerated sharply into decline in Q2.
- 08/27/2020
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CarGurus Inc (NASDAQ:CARG) CEO Langley Steinert Sells 51,970 Shares
- CarGurus Inc (NASDAQ:CARG) CEO Langley Steinert sold 51,970 shares of the firm’s stock in a transaction on Friday, August 21st. The stock was sold at an average price of $27.27, for a total value of $1,417,221.90. Langley Steinert also recently made the following trade(s): On Wednesday, August 19th, Langley Steinert sold 24,011 shares of CarGurus […]
- 08/25/2020
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CarGurus (CARG): Strong Industry, Solid Earnings Estimate Revisions
- CarGurus (CARG) has seen solid earnings estimate revision activity over the past month, and belongs to a strong industry as well.
- 08/19/2020
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Is CarGurus, Inc.'s(NASDAQ:CARG) Recent Stock Performance Tethered To Its Strong Fundamentals?
- CarGurus (NASDAQ:CARG) has had a great run on the share market with its stock up by a significant 11% over the last...
- 08/19/2020
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CarGurus (CARG) – Analysts’ Recent Ratings Updates
- A number of research firms have changed their ratings and price targets for CarGurus (NASDAQ: CARG): 8/7/2020 – CarGurus was downgraded by analysts at BTIG Research from a “buy” rating to a “neutral” rating. 8/7/2020 – CarGurus had its “hold” rating reaffirmed by analysts at Needham & Company LLC. 8/6/2020 – CarGurus was upgraded by […]
- 08/11/2020
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Top Ranked Growth Stocks to Buy for August 7th
- Top Ranked Growth Stocks to Buy for August 7th
- 08/07/2020
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CarGurus Doesn't Deserve A Premium Anymore (NASDAQ:CARG)
- No matter whether one is a growth investor or value, other stocks in the space offer better risk-reward tradeoffs.
- 08/07/2020
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CarGurus (CARG) Q2 Earnings and Revenues Top Estimates
- CarGurus (CARG) delivered earnings and revenue surprises of 1800.00% and 10.44%, respectively, for the quarter ended June 2020. Do the numbers hold clues to what lies ahead for the stock?
- 08/07/2020
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CarGurus Announces Second Quarter 2020 Results
- Second Quarter Highlights: * Total revenue of $94.7 million, a decrease of (35%) year-over-year * GAAP operating income of $8.7 million; non-GAAP operating income of $24.7 million * GAAP net income of $7.1 million; non-GAAP net income of $21.3 million * Adjusted EBITDA of $27.5 millionCAMBRIDGE, Mass., Aug. 06, 2020 (GLOBE NEWSWIRE) -- CarGurus, Inc. (Nasdaq: CARG), a leading global online automotive marketplace, today announced financial results for the second quarter ended June 30, 2020.“Although our industry and our business are facing unprecedented uncertainty amidst the COVID-19 pandemic, CarGurus generated strong results in the second quarter that demonstrate our business’s flexibility and resilience,” said Langley Steinert, Founder and Chief Executive Officer of CarGurus. “Over the last several months, our employees have produced remarkable successes all while navigating work-from-home environments and often-challenging circumstances. As a result of their hard work, we continue to deliver what we believe to be market-leading innovation and return on investment to our dealer customers. Our business showed several signs of recovery in the second quarter as consumer demand increased significantly in May and June, yielding strong lead generation and helping dealers rebuild their sales pipelines. We began a broad rollout of our Realtime Performance Marketing suite, generated record engagement on our consumer financing platform, and developed additional elements of the online transaction to offer more digital retail services in our marketplace.”COVID-19 Business UpdateThe COVID-19 pandemic and its adverse effects have become widespread in locations where CarGurus and its customers, suppliers and third-party business partners conduct business and, as a result, CarGurus has experienced disruptions in its operations. Within the second quarter of 2020, CarGurus implemented several cost-savings measures pursuant to an expense reduction plan approved by the CarGurus Board of Directors to address the impact of the COVID-19 pandemic on CarGurus’ business (the “Restructuring”). For example, CarGurus initiated a reduction of approximately 13% of its workforce, significantly reduced global advertising spend compared to the second quarter of 2019, ceased marketplace operations in Germany, Italy, and Spain, and halted any new international expansion efforts. Additionally, to help dealer customers impacted by the COVID-19 pandemic, CarGurus was the first major online automotive marketplace(1) in the United States, Canada and the United Kingdom to extend billings relief to its customers. Specifically, CarGurus offered United States and Canadian paying dealers fee reductions of 50%, 50%, and 20% in the months of April, May, and June, respectively. In the United Kingdom, CarGurus offered paying dealers fee reductions of 50% during each month of the second quarter. The following table depicts marketplace subscription revenue in both the U.S. and International segments for the three months and six months ending June 30, 2020 and June 30, 2019, respectively, reflecting the fee reductions.(1) CarGurus defines major online automotive marketplaces in: (i) the United States as CarGurus.com, AutoTrader.com, Cars.com, and TrueCar.com; (ii) Canada as www.CarGurus.ca, Kijiji.ca, and AutoTrader.ca; and (iii) the United Kingdom as CarGurus.co.uk, Motors.co.uk, AutoTrader.co.uk, Pistonheads.com, and Gumtree.com. Three Months Ended Six Months Ended June 30, June 30, Marketplace Subscription Revenue: 2020(1) 2019 2020 2019 United States $75,457 $122,352 $208,481 $237,373 International 4,496 6,744 13,338 12,566 Total $79,953 $129,096 $221,819 $249,939 (1) For the three months ended June 30, 2020, non-GAAP, pro forma marketplace subscription revenue for the United States, adjusted to include $44.0 million for fee reductions provided during the quarter, would have been approximately $119.5 million and non-GAAP, pro forma marketplace subscription revenue for International, adjusted to include $2.7 million for fee reductions provided during the quarter, would have been approximately $7.2 million. The impact of fee reductions for the three months ended March 31, 2020 was immaterial. While the macro-economic environment makes it difficult to anticipate the many variables that are impacting the economy, the industry and CarGurus’ business, recent events are encouraging. Despite reduced consumer marketing spend in May and June, during this period CarGurus’ U.S. average monthly unique users were 36.6 million(2) compared to April’s U.S. monthly unique users of 29.0 million(2). Additionally, in May and June, CarGurus’ U.S. average monthly sessions were 93.0 million(3) compared to April’s U.S. monthly sessions of 71.7 million(3). CarGurus believes these increases in May and June, demonstrate the strength in CarGurus’ recovery and the value delivered by CarGurus to paying dealers. While CarGurus’ paying dealer count declined in the month of April, cancellations stabilized in May and the rapid recovery in traffic and leads resulted in a substantial re-acquisition of business in the last two months of the quarter. Additionally, in the second quarter of 2020, CarGurus continued to innovate as it rolled out its Realtime Performance Marketing suite product on a broad scale and experienced a record number of loan originations on its consumer financing platform.(2) Includes users from the Autolist website (3) Includes sessions from the Autolist websiteKPI UpdateCarGurus adopted a new definition of its paying dealer metric to align CarGurus’ data with an enterprise-system upgrade. CarGurus now defines a paying dealer as a dealer account with an active, paid marketplace subscription at the end of a defined period. CarGurus had previously defined a paying dealer as a dealer, based on a distinct associated inventory feed, that subscribes to one of CarGurus’ paid Listings packages or Dealer Display advertising and audience targeting products at the end of a defined period. The enterprise-system upgrade and overhaul of its data architecture have provided CarGurus with improved accuracy in dealer-level data and is expected to yield improved efficiency in sales account management. CarGurus also completed a data-reconciliation effort to align its historical data to the new structure. After adjusting for the new definition, and taking into account the reconciled data, CarGurus has restated certain prior period paying dealer metrics. Due to the overhaul of the system’s architecture, CarGurus does not have the ability to restate paying dealer count metrics for periods prior to the end of the third quarter of 2019. As a result, the following table represents the number of paying dealers in both the U.S. and International segments reflecting the revised paying dealer definition as well as the reconciled data on each of September 30, 2019, December 31, 2019, March 31, 2020 and June 30, 2020. At September 30, At December 31, At March 31, At June 30, Number of Paying Dealers 2019 2019 2020 2020 United States 26,163 26,289 25,723 (1) 23,806 (1) International 6,923 7,329 7,537 6,452 Total 33,086 33,618 33,260 30,258 (1) Includes paying dealers from the Autolist website To offer additional insight regarding the business, the table below depicts marketplace subscription revenue in both the U.S. and International segments for each of the six most recent fiscal quarters ending with the quarter ended June 30, 2020. CarGurus intends to provide marketplace subscription revenue by segment in future quarters. Three Months Ended March 31, June 30, September 30, December 31, March 31, June 30, Marketplace Subscription Revenue: 2019 2019 2019 2019 2020(1) 2020(1) United States $115,021 $122,352 $127,806 $131,550 $133,024 $75,457 International 5,822 6,744 7,736 9,012 8,842 4,496 Total $120,843 $129,096 $135,542 $140,562 $141,866 $79,953 (1) For the three months ended June 30, 2020, non-GAAP, pro forma marketplace subscription revenue for the United States, adjusted to include $44.0 million for fee reductions provided during the quarter, would have been approximately $119.5 million and non-GAAP, pro forma marketplace subscription revenue for International, adjusted to include $2.7 million for fee reductions provided during the quarter, would have been approximately $7.2 million. The impact of fee reductions for the three months ended March 31, 2020 was immaterial. Finally, because of the updated paying dealer definition and the restatement of prior period paying dealer numbers, CarGurus is not providing Average Annual Revenue per Subscribing Dealer (“AARSD”) for the second quarter of 2020 and does not intend to provide AARSD for future quarters. However, the table below depicts a related metric, Quarterly Average Marketplace Revenue per Subscribing Dealer (“QARSD”) which CarGurus expects to report moving forward, as of December 31, 2019, March 31, 2020 and June 30, 2020. CarGurus defines QARSD, which is measured at the end of a fiscal quarter, as the marketplace subscription revenue during that quarter divided by the average number of paying dealers in that marketplace during the same quarter. CarGurus calculates the average number of paying dealers for a period by adding the number of paying dealers at the end of the prior period and the end of the current period and dividing by two. CarGurus intends to provide QARSD by segment in future quarters.
- 08/06/2020
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CarGurus' Shares March Higher, Can It Continue?
- As of late, it has definitely been a great time to be an investor in CarGurus.
- 08/04/2020
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SPXC vs. CARG: Which Stock Is the Better Value Option?
- SPXC vs. CARG: Which Stock Is the Better Value Option?
- 08/03/2020
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Earnings Preview: CarGurus (CARG) Q2 Earnings Expected to Decline
- CarGurus (CARG) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
- 07/30/2020
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Benzinga's Top Upgrades, Downgrades For July 28, 2020
- Upgrades * SunTrust Robinson Humphrey upgraded the previous rating for Concho Resources Inc (NYSE: CXO) from Hold to Buy. For the first quarter, Concho Resources had an EPS of $0.72, compared to year-ago quarter EPS of $0.72. The current stock performance of Concho Resources shows a 52-week-high of $99.42 and a 52-week-low of $33.13. Moreover, at the end of the last trading period, the closing price was at $52.68. * Craig-Hallum upgraded the previous rating for Vocera Communications Inc (NYSE: VCRA) from Hold to Buy. Vocera Communications earned $0.10 in the second quarter, compared to $0.07 in the year-ago quarter. At the moment, the stock has a 52-week-high of $28.28 and a 52-week-low of $15.89. Vocera Communications closed at $23.47 at the end of the last trading period. * Wells Fargo upgraded the previous rating for Spire Inc (NYSE: SR) from Equal-Weight to Overweight. In the second quarter, Spire showed an EPS of $2.75, compared to $2.90 from the year-ago quarter. The stock has a 52-week-high of $88.00 and a 52-week-low of $57.37. At the end of the last trading period, Spire closed at $61.17. * According to Jefferies, the prior rating for Cloudflare Inc (NYSE: NET) was changed from Hold to Buy. Cloudflare earned ($0.04) in the first quarter. At the moment, the stock has a 52-week-high of $42.60 and a 52-week-low of $14.50. Cloudflare closed at $37.35 at the end of the last trading period. * For Shopify Inc (NYSE: SHOP), Goldman Sachs upgraded the previous rating of Neutral to the current rating Buy. In the first quarter, Shopify showed an EPS of $0.19, compared to $0.09 from the year-ago quarter. The current stock performance of Shopify shows a 52-week-high of $1074.98 and a 52-week-low of $282.08. Moreover, at the end of the last trading period, the closing price was at $976.93. * JP Morgan upgraded the previous rating for Avery Dennison Corp (NYSE: AVY) from Underweight to Neutral. For the second quarter, Avery Dennison had an EPS of $1.27, compared to year-ago quarter EPS of $1.72. The stock has a 52-week-high of $141.09 and a 52-week-low of $76.96. At the end of the last trading period, Avery Dennison closed at $115.75. Downgrades * DA Davidson downgraded the previous rating for Simpson Manufacturing Co Inc (NYSE: SSD) from Buy to Neutral. For the second quarter, Simpson Manufacturing Co had an EPS of $1.22, compared to year-ago quarter EPS of $0.88. The current stock performance of Simpson Manufacturing Co shows a 52-week-high of $95.65 and a 52-week-low of $47.02. Moreover, at the end of the last trading period, the closing price was at $94.02. * For Tyler Technologies Inc (NYSE: TYL), Oppenheimer downgraded the previous rating of Outperform to the current rating Perform. For the first quarter, Tyler Technologies had an EPS of $1.25, compared to year-ago quarter EPS of $1.22. The current stock performance of Tyler Technologies shows a 52-week-high of $382.92 and a 52-week-low of $228.54. Moreover, at the end of the last trading period, the closing price was at $358.95. * For Tesla Inc (NASDAQ: TSLA), Bernstein downgraded the previous rating of Market Perform to the current rating Underperform. Tesla earned $2.18 in the second quarter, compared to ($1.12) in the year-ago quarter. The stock has a 52-week-high of $1794.99 and a 52-week-low of $211.00. At the end of the last trading period, Tesla closed at $1539.60. * For Redfin Corp (NASDAQ: RDFN), Susquehanna downgraded the previous rating of Neutral to the current rating Negative. For the first quarter, Redfin had an EPS of ($0.64), compared to year-ago quarter EPS of ($0.74). The stock has a 52-week-high of $44.00 and a 52-week-low of $9.63. At the end of the last trading period, Redfin closed at $43.49. * JP Morgan downgraded the previous rating for Two Harbors Investment Corp (NYSE: TWO) from Overweight to Neutral. In the first quarter, Two Harbors Investment showed an EPS of $0.25, compared to $0.49 from the year-ago quarter. The stock has a 52-week-high of $15.85 and a 52-week-low of $2.25. At the end of the last trading period, Two Harbors Investment closed at $5.33. Initiations * JMP Securities initiated coverage on Altimmune Inc (NASDAQ: ALT) with a Market Outperform rating. The price target for Altimmune is set to $50.00. For the first quarter, Altimmune had an EPS of ($0.26), compared to year-ago quarter EPS of ($0.27). The current stock performance of Altimmune shows a 52-week-high of $35.10 and a 52-week-low of $1.51. Moreover, at the end of the last trading period, the closing price was at $22.43. * For Tyson Foods Inc (NYSE: TSN), Seaport Global initiated coverage, by setting the current rating at Neutral. Tyson Foods earned $0.77 in the second quarter, compared to $1.20 in the year-ago quarter. At the moment, the stock has a 52-week-high of $94.24 and a 52-week-low of $42.57. Tyson Foods closed at $60.99 at the end of the last trading period. * With a current rating of Buy, Seaport Global initiated coverage on Mondelez International Inc (NASDAQ: MDLZ). The price target seems to have been set at $61.00 for Mondelez International. Mondelez International earned No EPS Value in the second quarter, compared to $0.57 in the year-ago quarter. The current stock performance of Mondelez International shows a 52-week-high of $59.96 and a 52-week-low of $41.19. Moreover, at the end of the last trading period, the closing price was at $55.58. * With a current rating of Buy, Seaport Global initiated coverage on Kellogg Co (NYSE: K). The price target seems to have been set at $76.00 for Kellogg. For the first quarter, Kellogg had an EPS of $0.99, compared to year-ago quarter EPS of $1.01. The current stock performance of Kellogg shows a 52-week-high of $71.05 and a 52-week-low of $52.66. Moreover, at the end of the last trading period, the closing price was at $69.92. * With a current rating of Buy, Seaport Global initiated coverage on Archer-Daniels Midland Co (NYSE: ADM). The price target seems to have been set at $51.00 for Archer-Daniels Midland. Archer-Daniels Midland earned $0.64 in the first quarter, compared to $0.46 in the year-ago quarter. The stock has a 52-week-high of $47.20 and a 52-week-low of $28.92. At the end of the last trading period, Archer-Daniels Midland closed at $42.14. * With a current rating of Neutral, B of A Securities initiated coverage on Saia Inc (NASDAQ: SAIA). The price target seems to have been set at $135.00 for Saia. In the first quarter, Saia showed an EPS of $1.06, compared to $0.85 from the year-ago quarter. The stock has a 52-week-high of $132.62 and a 52-week-low of $61.46. At the end of the last trading period, Saia closed at $129.19. * With a current rating of Overweight, Wells Fargo initiated coverage on Insulet Corp (NASDAQ: PODD). The price target seems to have been set at $231.00 for Insulet. For the first quarter, Insulet had an EPS of ($0.03), compared to year-ago quarter EPS of $0.07. The stock has a 52-week-high of $228.79 and a 52-week-low of $115.56. At the end of the last trading period, Insulet closed at $192.55. * Raymond James initiated coverage on Bristol-Myers Squibb Company (NYSE: BMY) with an Outperform rating. The price target for Bristol-Myers Squibb is set to $75.00. Bristol-Myers Squibb earned $1.72 in the first quarter, compared to $1.10 in the year-ago quarter. The current stock performance of Bristol-Myers Squibb shows a 52-week-high of $68.34 and a 52-week-low of $44.00. Moreover, at the end of the last trading period, the closing price was at $58.05. * With a current rating of Overweight, Piper Sandler initiated coverage on Carvana Co (NYSE: CVNA). The price target seems to have been set at $211.00 for Carvana. In the first quarter, Carvana showed an EPS of ($1.18), compared to ($0.53) from the year-ago quarter. At the moment, the stock has a 52-week-high of $150.93 and a 52-week-low of $22.16. Carvana closed at $150.90 at the end of the last trading period. * Piper Sandler initiated coverage on CarGurus Inc (NASDAQ: CARG) with a Neutral rating. The price target for CarGurus is set to $27.00. In the first quarter, CarGurus showed an EPS of $0.19, compared to $0.12 from the year-ago quarter. The current stock performance of CarGurus shows a 52-week-high of $40.91 and a 52-week-low of $14.25. Moreover, at the end of the last trading period, the closing price was at $25.63. * Piper Sandler initiated coverage on GrubHub Inc (NYSE: GRUB) with a Neutral rating. The price target for GrubHub is set to $75.00. For the first quarter, GrubHub had an EPS of $0.00, compared to year-ago quarter EPS of $0.30. The current stock performance of GrubHub shows a 52-week-high of $80.25 and a 52-week-low of $29.35. Moreover, at the end of the last trading period, the closing price was at $71.05. * Canaccord Genuity initiated coverage on Marrone Bio Innovations Inc (NASDAQ: MBII) with a Buy rating. The price target for Marrone Bio Innovations is set to $1.80. Marrone Bio Innovations earned ($0.05) in the first quarter, compared to ($0.04) in the year-ago quarter. The stock has a 52-week-high of $1.73 and a 52-week-low of $0.61. At the end of the last trading period, Marrone Bio Innovations closed at $1.15. * Canaccord Genuity initiated coverage on Calyxt Inc (NASDAQ: CLXT) with a Buy rating. The price target for Calyxt is set to $8.00. In the first quarter, Calyxt showed an EPS of ($0.34), compared to ($0.23) from the year-ago quarter. At the moment, the stock has a 52-week-high of $10.19 and a 52-week-low of $2.40. Calyxt closed at $4.42 at the end of the last trading period. * Canaccord Genuity initiated coverage on Beyond Meat Inc (NASDAQ: BYND) with a Hold rating. The price target for Beyond Meat is set to $140.00. For the first quarter, Beyond Meat had an EPS of $0.03, compared to year-ago quarter EPS of ($0.14). The stock has a 52-week-high of $239.
- 07/28/2020
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CarGurus to Report Second Quarter 2020 Financial Results
- CAMBRIDGE, Mass., July 24, 2020 (GLOBE NEWSWIRE) -- CarGurus, Inc. (Nasdaq: CARG), a leading global online automotive marketplace, announced it will issue a press release reporting financial results for the second quarter ended June 30, 2020, after the close of the market on August 6, 2020. CarGurus will host a conference call and live webcast to discuss those financial results for investors and analysts at 5:00 p.m. Eastern Time on August 6, 2020. To access the conference call, dial (888) 220-8474 for the U.S. or Canada, or (646) 828-8193 for international callers, and use the passcode 7553176. The webcast will be available live on the Investors section of the company's website at https://investors.cargurus.com.An audio replay of the call will also be available to investors beginning at approximately 8:00 p.m. Eastern Time on August 6, 2020, until 11:59 p.m. Eastern Time on August 20, 2020, by dialing (844) 512-2921 for the U.S. or Canada, or (412) 317-6671 for international callers, and entering passcode 10146279. In addition, an archived webcast will be available on the Investors section of the company's website at https://investors.cargurus.com.About CarGurusFounded in 2006, CarGurus (Nasdaq: CARG) is a global, online automotive marketplace connecting buyers and sellers of new and used cars. The Company uses proprietary technology, search algorithms and data analytics to bring trust and transparency to the automotive search experience and help users find great deals from top-rated dealers. CarGurus is the most visited automotive shopping site in the U.S. (source: Comscore Media Metrix® Multi-Platform, Automotive – Information/Resources, Total Audience, Q1 2020, U.S. (Competitive set includes: CarGurus.com, Autotrader.com, Cars.com, TrueCar.com)). In addition to the United States, CarGurus operates online marketplaces in Canada and the United Kingdom.CarGurus® is a registered trademark of CarGurus, Inc.Investor Contact:Rodney NelsonHead of Investor Relations, CarGurus888-508-1190investors@cargurus.com
- 07/24/2020
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CarGurus Releases Latest COVID-19 Sentiment Study in Canada
- CAMBRIDGE, Mass., July 21, 2020 -- CarGurus (Nasdaq: CARG), a leading global online automotive marketplace, today released its second Canadian COVID-19 Sentiment Study. When.
- 07/21/2020
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Raymond James Trust N.A. Buys 996 Shares of CarGurus Inc (NASDAQ:CARG)
- Raymond James Trust N.A. boosted its stake in CarGurus Inc (NASDAQ:CARG) by 7.0% during the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 15,299 shares of the company’s stock after acquiring an additional 996 shares during the period. Raymond James Trust N.A.’s […]
- 07/21/2020
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SPXC or CARG: Which Is the Better Value Stock Right Now?
- SPXC vs. CARG: Which Stock Is the Better Value Option?
- 07/17/2020
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RumbleOn Announces a Dealer-Centric Pilot Program With CarGurus
- RumbleOn, Inc (Nasdaq: RMBL), the e-commerce company using innovative technology to simplify how dealers and consumers buy, sell, trade, or finance pre-owned vehicles, today announced it was chosen for a pilot program with CarGurus (Nasdaq: CARG), a leading global online automotive marketplace. CarGurus will leverage RumbleOn’s technology as well as their transportation and distribution services in the testing of a new inventory acquisition product for dealers that enables dealers to source consumer cars on the CarGurus platform.
- 07/16/2020
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MERIAN GLOBAL INVESTORS UK Ltd Buys Shares of 51,005 CarGurus Inc (NASDAQ:CARG)
- MERIAN GLOBAL INVESTORS UK Ltd bought a new stake in CarGurus Inc (NASDAQ:CARG) in the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund bought 51,005 shares of the company’s stock, valued at approximately $1,292,000. Several other institutional investors have also recently modified their holdings of the […]
- 07/16/2020
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Langley Steinert Sells 24,011 Shares of CarGurus Inc (NASDAQ:CARG) Stock
- CarGurus Inc (NASDAQ:CARG) CEO Langley Steinert sold 24,011 shares of CarGurus stock in a transaction on Monday, July 13th. The stock was sold at an average price of $26.31, for a total transaction of $631,729.41. Following the sale, the chief executive officer now directly owns 900,720 shares of the company’s stock, valued at $23,697,943.20. The […]
- 07/16/2020
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RumbleOn Announces a Dealer-Centric Pilot Program With CarGurus
- RumbleOn, Inc (Nasdaq: RMBL), the e-commerce company using innovative technology to simplify how dealers and consumers buy, sell, trade, or finance pr
- 07/16/2020
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Will the Promising Trends At CarGurus (NASDAQ:CARG) Continue?
- What are the early trends we should look for to identify a stock that could multiply in value over the long term? In a...
- 07/14/2020
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Did Hedge Funds Make The Right Call On CarGurus, Inc. (CARG)?
- Insider Monkey has processed numerous 13F filings of hedge funds and successful value investors to create an extensive database of hedge fund holdings. The 13F filings show the hedge funds' and successful investors' positions as of the end of the first quarter. You can find articles about an individual hedge fund's trades on numerous financial […]
- 07/13/2020
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Third-Party Report Verifies CarGurus Outperforms Competing Automotive Marketplaces
- CAMBRIDGE, Mass., July 10, 2020 -- CarGurus, Inc. (Nasdaq: CARG), a leading global online automotive marketplace, today announced a study released by Bates White Economic.
- 07/10/2020
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CarGurus Inc (NASDAQ:CARG) Shares Sold by Parametric Portfolio Associates LLC
- Parametric Portfolio Associates LLC lessened its stake in shares of CarGurus Inc (NASDAQ:CARG) by 24.0% during the first quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 41,933 shares of the company’s stock after selling 13,232 shares during the quarter. Parametric Portfolio Associates LLC’s holdings in CarGurus […]
- 07/05/2020
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SPXC vs. CARG: Which Stock Is the Better Value Option?
- SPXC vs. CARG: Which Stock Is the Better Value Option?
- 07/01/2020
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CarGurus Inc (NASDAQ:CARG) Shares Purchased by Principal Financial Group Inc.
- Principal Financial Group Inc. increased its stake in shares of CarGurus Inc (NASDAQ:CARG) by 45.9% during the 1st quarter, according to its most recent filing with the SEC. The institutional investor owned 10,642 shares of the company’s stock after acquiring an additional 3,350 shares during the period. Principal Financial Group Inc.’s holdings in CarGurus were […]
- 06/24/2020
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Nuveen Asset Management LLC Reduces Position in CarGurus Inc (NASDAQ:CARG)
- Nuveen Asset Management LLC lessened its holdings in shares of CarGurus Inc (NASDAQ:CARG) by 20.9% in the 1st quarter, Holdings Channel reports. The institutional investor owned 635,927 shares of the company’s stock after selling 168,006 shares during the quarter. Nuveen Asset Management LLC’s holdings in CarGurus were worth $12,044,000 at the end of the most […]
- 06/21/2020
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BNP Paribas Arbitrage SA Reduces Position in CarGurus Inc (NASDAQ:CARG)
- BNP Paribas Arbitrage SA lessened its holdings in shares of CarGurus Inc (NASDAQ:CARG) by 73.0% in the first quarter, Holdings Channel.com reports. The firm owned 26,707 shares of the company’s stock after selling 72,135 shares during the period. BNP Paribas Arbitrage SA’s holdings in CarGurus were worth $506,000 as of its most recent filing with […]
- 06/19/2020
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Deutsche Bank AG Buys 359,971 Shares of CarGurus Inc (NASDAQ:CARG)
- Deutsche Bank AG boosted its stake in shares of CarGurus Inc (NASDAQ:CARG) by 268.3% in the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 494,141 shares of the company’s stock after purchasing an additional 359,971 shares during the quarter. Deutsche Bank […]
- 06/18/2020
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CarGurus Inc (NASDAQ:CARG) Receives Average Rating of “Buy” from Brokerages
- CarGurus Inc (NASDAQ:CARG) has received an average rating of “Buy” from the fourteen analysts that are currently covering the stock, MarketBeat Ratings reports. Five analysts have rated the stock with a hold rating and eight have given a buy rating to the company. The average 12-month price target among brokers that have updated their coverage […]
- 06/16/2020
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FY2021 EPS Estimates for CarGurus Inc Raised by SunTrust Banks (NASDAQ:CARG)
- CarGurus Inc (NASDAQ:CARG) – Investment analysts at SunTrust Banks raised their FY2021 EPS estimates for shares of CarGurus in a research report issued to clients and investors on Thursday, June 11th. SunTrust Banks analyst N. Khan now forecasts that the company will earn $0.23 per share for the year, up from their prior forecast of […]
- 06/15/2020
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Used Car E-Retailing Space Heats Up With Vroom's Nasdaq Debut
- Vroom joins Nasdaq and is off to an amazing start. With automotive e-commerce holding significant promise, investors are super thrilled about this online car seller.
- 06/11/2020
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CarGurus, Inc. (CARG): Hedge Fund Gurus Are Selling
- The financial regulations require hedge funds and wealthy investors that exceeded the $100 million equity holdings threshold to file a report that shows their positions at the end of every quarter. Even though it isn't the intention, these filings to a certain extent level the playing field for ordinary investors. The latest round of 13F […]
- 06/10/2020
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CarGurus (CARG) Receives a Hold from Needham - Markets
- Needham analyst Brad Erickson assigned a Hold rating to CarGurus (CARG – Research Report) today. The company’s shares closed last
- 06/10/2020
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Why These 3 Online Car Sales Companies Jumped More Than 11% in May
- Shares of online car sales companies CarMax (NYSE: KMX), CarGurus (NASDAQ: CARG), and Copart (NASDAQ: CPRT) rose in May, according to data from S&P; Global Market Intelligence. Copart's shares rose by 11.6%, while CarGurus' stock was up 13.5%. CarMax, the big winner of the bunch, saw its shares jump an impressive 19.6%.
- 06/09/2020
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CarGurus to Present at William Blair 40th Annual Growth Stock Conference
- CAMBRIDGE, Mass., June 08, 2020 -- CarGurus, Inc. (Nasdaq: CARG), a leading global automotive marketplace, today announced that Jason Trevisan, Chief Financial Officer and.
- 06/08/2020
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CarGurus Announces 2020 Best Used Car Awards
- CAMBRIDGE, Mass., June 03, 2020 -- CarGurus (Nasdaq: CARG), a leading online automotive marketplace, today announced the winners of its fourth annual Best Used Car Awards. The.
- 06/03/2020
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CarGurus: Turnaround Within Reach (NASDAQ:CARG)
- Shares of CarGurus have peeled back ~5% after reporting Q1 results, despite beating Wall Street's expectations on the top and bottom lines. Investors remain con
- 05/21/2020
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What Is CarGurus's (NASDAQ:CARG) P/E Ratio After Its Share Price Rocketed?
- CarGurus (NASDAQ:CARG) shareholders are no doubt pleased to see that the share price has bounced 31% in the last month...
- 05/19/2020
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U.S. RESEARCH ROUNDUP-Acushnet Holdings, Equity Residential, Fiserv
- Wall Street securities analysts revised their ratings and price targets
on several U.S.-listed companies, including Acushnet Holdings, Equity Residential and Fiserv, on
Monday.
HIGHLIGHTS
* Acushnet Holdings Corp : Stephens raises target price to $27 from $24
* Equity Residential : Evercore ISI raises to in-line from underperform
* Fiserv Inc : Keybanc raises target price to $115 from $108
* GTT Communications Inc : SunTrust Robinson cuts to hold from buy
* UDR Inc : Evercore ISI raises to in-line from underperform
Following is a summary of research actions on U.S. companies reported by Reuters on Monday.
Stock entries are in alphabetical order.
* Abbvie Inc : SVB Leerink raises price target to $122 from $107
* Accelerate Diagnostics Inc : Piper Sandler cuts target price to $14 from $16
* Acushnet Holdings Corp : Compass Point raises TP to $22.25 from $21.50
* Acushnet Holdings Corp : Keybanc raises target price to $31 from $28
* Acushnet Holdings Corp : Stephens raises target price to $27 from $24
* Advance Auto Parts Inc : UBS raises target price to $140 from $135
* AIG : UBS cuts target price to $45 from $49
* Air Lease Corp : Deutsche Bank cuts target price to $36 from $45
* Air Lease Corp : Stephens raises target price to $36 from $30
* Airgain Inc : Northland Capital Markets raises target price to $23
* Alarm.Com Holdings Inc : Credit Suisse cuts target price to $62 from $64
* Albemarle Corp : RBC raises target price to $66 from $64
* Albemarle Corp : SunTrust Robinson cuts target price to $65 from $90
* Allegiant Travel Co : Evercore ISI cuts target price to $95 from $100
* Allscripts Healthcare Solutions : Canaccord Genuity cuts TP to $11 from $13
* Amdocs Ltd : Citigroup cuts price target to $76 from $83
* Amedisys Inc : Raymond James cuts price target to $210 from $225
* Amedisys Inc : UBS cuts target price to $190 from $208
* American Axle & Manufacturing Holdings : Citigroup raises TP to $7.5 from $6
* American Axle & Manufacturing Holdings : RBC raises target price to $7 from $5
* American Homes 4 Rent : Evercore ISI raises target price to $27 from $25
* Ameriprise Financial Inc : RBC raises target price to $155 from $145
* Amerisourcebergen Corp : Deutsche Bank raises target price to $98 from $93
* Amphastar Pharmaceuticals Inc : BMO raises price target to $21 from $20
* Angi Homeservices Inc : Citigroup raises price target to $10 from $6.5
* Aon Plc : Citigroup cuts price target to $230 from $240
* Aon Plc : KBW raises target price to $192 from $184
* Aon Plc : UBS cuts target price to $197 from $202
* Apache Corp : CFRA cuts to sell from hold; raises price target to $9
* Apache Corp : MKM Partners cuts target price by $1 to $19
* Aptiv Plc : Benchmark cuts price target to $87 from $90
* Arch Capital Group Ltd : UBS cuts target price to $39 from $43
* Atara Biotherapeutics Inc : Jefferies cuts target price to $11 from $13
* Athene Holding Ltd : BMO cuts price target to $60 from $63
* Atricure Inc : BTIG raises target price to $56 from $45
* Atricure Inc : Needham raises target price to $63 from $49
* Atricure Inc : Oppenheimer raises price target to $52 from $45
* Atricure Inc : SVB Leerink raises price target to $55 from $50
* Autonation Inc : CFRA cuts price target by $10 to $50
* Avalonbay Communities Inc : Evercore ISI cuts target price to $181 from $189
* Avista Corp : Guggenheim cuts target price to $38 from $39
* Bain Capital Specialty Finance : Citigroup raises price target to $10 from $7.5
* Ball Corp : Citigroup cuts price target to $86 from $89
* Ball Corp : Northland Capital Markets cuts target price to $80
* Baudax Bio Inc : Oppenheimer cuts price target to $14 from $16
* Bellring Brands Inc : Stifel cuts target price to $23 from $25
* BJ's Restaurants Inc : Deutsche Bank raises target price to $27 from $26
* Bloomin' Brands Inc : BMO raises price target to $10 from $9
* Bloomin' Brands Inc : Deutsche Bank raises target price to $15 from $14
* Bloomin' Brands Inc : Guggenheim raises target price to $15 from $11
* Bloomin' Brands Inc : Raymond James cuts target price to $14 from $15
* BP Midstream Partners LP : Mizuho raises target price to $14 from $13
* Broadridge Financial Solutions : Piper Sandler cuts TP to $120 from $124
* Broadridge Financial Solutions : Rosenblatt Securities ups TP to $115 from $101
* Brookfield Infrastructure Partners LP : BMO raises price target to $46 from $45
* Brookfield Infrastructure Partners LP : Scotiabank cuts Tp to $50 from $51
* Brookfield Property Partners LP : Canaccord Genuity cuts TP to $12 from $13
* Brookfield Property Partners LP : CIBC cuts target price to $18 from $20.50
* Brookfield Property Partners LP : RBC cuts target price to $18 from $22
* Bruker Corp : BTIG cuts price target to $50 from $57
* Cabot Oil & Gas Corp : Tudor Pickering Holt cuts to hold from buy
* Calithera Biosciences Inc : Citigroup raises price target to $10 from $7
* Callaway Golf Co : >: Compass Point cuts target price to $17.50 from $20
* Callaway Golf Co : Compass Point cuts target price to $17.50 from $20
* Camden Property Trust : Evercore ISI cuts target price to $98 from $102
* Camden Property Trust : Stifel raises target price to $96 from $91
* Cardtronics Plc : D.A. Davidson cuts target price to $34 from $40
* Cardtronics Plc : SunTrust Robinson raises target price to $29 from $23
* Cargurus Inc : RBC raises target price to $25 from $22
* Carnival : HSBC raises to buy from hold; cuts target price to $15.9 from $45.3
* Carrier Global Corp : Citigroup raises price target to $20 from $17
* Carvana Co : Oppenheimer raises price target to $127 from $95
* Carvana Co : Oppenheimer raises target price to $127 from $95
* Casella Waste Systems Inc : Jefferies raises target price to $56 from $52
* Casella Waste Systems Inc : Raymond James raises target price to $56 from $49
* Casella Waste Systems Inc : Stifel raises target price to $47 from $45
* Cellectis : Citigroup cuts price target to $15 from $16
* Centurylink Inc : SunTrust Robinson cuts target price to $9 from $10
* Ceridian Hcm Holding Inc : Jefferies raises target price to $65 from $60
* Chevron Corp : Independent Research raises target price to $98 from $90; hold
* CNX Resources Corp : Tudor Pickering Holt cuts to hold from buy
* Cognizant Technology Solutions : Evercore ISI cuts target price to $53 from $55
* Cognizant Technology Solutions Corp : HSBC cuts target price to $56 from $70
* Coherus Biosciences Inc : Citigroup cuts price target to $30 from $31
* Conagra Brands Inc : SunTrust Robinson cuts to hold from buy
* Consolidated Edison Inc : Evercore ISI cuts target price to $85 from $86
* Continental Resources : TD Securities raises target price to $14.50 from $13.50
* Cooper Tire & Rubber Co : JP Morgan cuts target price to $29 from $30
* Corporate Office Properties Trust : SunTrust Robinson raises TP to $28 from $26
* Corteva Inc : RBC raises target price to $31 from $27
* Covanta Holding : Stifel raises to hold from sell; raises TP to $9.50 from $6.50
* Crocs Inc : Piper Sandler raises target price to $28 from $24
* Cross Country Healthcare Inc : BMO cuts price target to $8 from $11
* Cryoport Inc : Stephens raises target price to $23 from $21
* CVR Energy Inc : Credit Suisse raises target price to $19 from $16
* Cytomx Therapeutics Inc : Wedbush raises target price to $16 from $11
* Danaher Corp : Evercore ISI raises target price to $175 from $150
* Danaher Corp : RBC raises target price to $173 from $159
* Datadog Inc : RBC raises target price to $50 from $43
* Dentsply Sirona : Barrington Research cuts to market perform from outperform
* Dentsply Sirona Inc : UBS cuts target price to $44 from $59
* Dicerna Pharmaceuticals : SunTrust Robinson raises target price to $33 from $28
* Diebold Nixdorf Inc : JP Morgan raises target price to $7 from $6
* Diebold Nixdorf Inc : JP Morgan raises to neutral from underweight
* Discovery Inc : Rosenblatt Securities cuts price target to $24 from $27
* Dish Network Corp : RBC cuts target price to $32 from $39
* Domtar : D.A. Davidson cuts to neutral from buy; cuts TP to $26 from $44
* Domtar Corp : Scotiabank cuts target price to $29 from $30
* Domtar Corp : TD Securities raises target price to $26 from $22
* E. W. Scripps Co : Benchmark cuts target price to $15 from $24
* E. W. Scripps Co : Guggenheim raises target price to $8 from $6.50
* Edison Intl.
- 05/11/2020
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CarGurus, Inc. Just Beat Analyst Forecasts, And Analysts Have Been Updating Their Predictions
- A week ago, CarGurus, Inc. (NASDAQ:CARG) came out with a strong set of quarterly numbers that could potentially lead...
- 05/10/2020
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CarGurus, Inc. (CARG) Q1 2020 Earnings Call Transcript
- With me on the call today is Langley Steinert, CarGurus' founder and chief executive officer; Jason Trevisan, chief financial officer and president, international; and Sam Zales, president and chief operating officer. During the call, we will make statements regarding our business that may be considered forward-looking within applicable securities laws, including statements concerning our outlook for the second quarter and full year 2020 and management's expectations for our future financial and operational performance, our business growth and international strategies, the impact of the COVID-19 pandemic on our business and financial results and other statements regarding our plans, prospects and expectations.
- 05/08/2020
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U.S. RESEARCH ROUNDUP-Becton Dickinson, Epam Systems, PayPal Holdings
- Wall Street securities analysts on Friday revised their ratings and price targets on several
U.S.-listed companies, including Becton Dickinson, Epam Systems and PayPal Holdings.
HIGHLIGHTS
* Becton Dickinson and Co : Citigroup raises price target to $260 from $234
* Carrols Restaurant Group Inc : Craig-Hallum raises to buy from hold; raises target price to $5 from $3.75
* Computer Programs and Systems Inc : Cantor Fitzgerald raises to overweight from neutral
* Epam Systems Inc : Citigroup raises price target to $265 from $245
* PayPal Holdings Inc : Citigroup raises price target to $145 from $131
Following is a summary of research actions on U.S. companies reported by Reuters on Friday. Stock entries are in alphabetical
order.
* Aaron's Inc : Keybanc cuts target price to $55 from $66
* Aaron's Inc : Raymond James cuts target price to $50 from $60
* Aaron's Inc : Stephens raises target price to $45 from $26
* Abeona Therapeutics Inc : RBC cuts target price to $7 from $11
* Acceleron pharma Inc : Credit Suisse raises target price to $123 from $99
* ACI Worldwide Inc : Canaccord Genuity cuts target price to $35 from $44
* Acushnet Holdings Corp : Jefferies raises target price to $25 from $24
* Acushnet Holdings Corp : JP Morgan raises target price to $30 from $27
* Adtran Inc : Cowen and Company raises price target to $13 from $9
* Aeglea Bio Therapeutics Inc : Needham cuts price target to $11 from $14
* Aerie Pharmaceuticals Inc : Citigroup cuts price target to $38 from $39
* Agco Corp : Citigroup cuts price target to $55 from $57
* AIG : KBW raises target price to $36 from $35
* Alaska Air Group Inc : Credit Suisse cuts target price to $51 from $82
* Allison Transmission Holdings Inc : Citigroup raises price target to $39 from $38
* Allscripts Healthcare Solutions : Cantor Fitzgerald cuts PT to $6 from $8
* Alteryx Inc : Guggenheim cuts target price to $130 from $160
* American Airlines : Credit Suisse cuts target price to $4 from $26
* Ameriprise Financial Inc : Credit Suisse raises target price to $165 from $153
* Ameriprise Financial Inc : Piper Sandler raises target price to $150 from $130
* Amerisourcebergen Corp : Baird raises target price to $115 from $109
* Amerisourcebergen Corp : Mizuho raises target price to $90 from $85
* Amtech Systems Inc : Cowen and Company raises target price to $7.50 from $7
* Angi Homeservices Inc : Needham raises target price to $11 from $8
* Ani Pharmaceuticals Inc : Guggenheim cuts target price to $48 from $58
* Ansys Inc : RBC raises target price to $260 from $230
* Anthem Inc : Bernstein raises target price to $357 from $342
* Appian Corp : Cowen and Company raises price target to $44 from $39
* Applied Optoelectronics Inc : D.A. Davidson raises target price to $12 from $10
* Applied Optoelectronics Inc : Piper Sandler raises target price to $10 from $7.50
* Aptiv Plc : Citigroup raises price target to $84 from $67
* ArcelorMittal SA : Keybanc raises target price to $15 from $13
* Arcturus Therapeutics Holdings Inc : Baird raises target price to $44 from $26
* Arcturus Therapeutics Holdings Inc : Guggenheim raises target price to $51 from $41
* Ares Capital Corp : Citigroup raises price target to $15 from $13
* Athersys Inc : Needham cuts price target to $5 from $6
* Atlas Air Worldwide Holdings Inc : Cowen and Company raises PT to $44 from $40
* Avalara Inc : Canaccord Genuity raises target price to $115 from $105
* Avalara Inc : JP Morgan raises target price to $120 from $104
* Avalara Inc : Mizuho raises price target to $120 from $85
* Avalara Inc : Piper Sandler raises target price to $113 from $90
* Avalonbay Communities Inc : Stifel raises target price to $176 from $171
* Avrobio Inc : Guggenheim raises target price to $50 from $49
* Axalta Coating Systems Ltd : RBC raises target price to $21 from $20
* Bausch Health Companies Inc : Piper Sandler cuts target price to $32 from $34
* Beacon Roofing Supply Inc : SunTrust Robinson raises target price to $26 from $24
* Beacon Roofing Supply Inc : Wedbush raises target price to $23 from $16
* Becton Dickinson and Co : Citigroup raises price target to $260 from $234
* Becton Dickinson and Co : Evercore ISI raises target price to $270 from $255
* Beyond Meat Inc : Berenberg raises price target to $125 from $115
* Bill.Com Holdings Inc : Canaccord Genuity raises target price to $65 from $50
* Bill.Com Holdings Inc : Jefferies raises target price to $70 from $45
* Bill.Com Holdings Inc : Keybanc raises target price to $76 from $60
* Bill.Com Holdings Inc : Needham raises target price to $90 from $55
* Biomarin Pharmaceutical Inc : Canaccord Genuity raises PT to $119 from $108
* BJ's Restaurants Inc : Wedbush cuts target price to $32 from $39
* Booking Holdings Inc : Credit Suisse raises target price to $1,810 from $1,790
* Booking Holdings Inc : Jefferies cuts target price to $1300 from $1350
* Booking Holdings Inc : Mizuho cuts price target to $1700 from $1720
* Booking Holdings Inc : RBC raises target price to $1,550 from $1,535
* Booking Holdings Inc : RBC raises target price to $1550 from $1535
* BorgWarner Inc : Citigroup raises price target to $30 from $23
* BorgWarner Inc : Credit Suisse raises target price to $33 from $31
* Bottomline Technologies (De) Inc : Citigroup raises price target to $46 from $43
* Bright Horizons Family Solutions Inc : Citigroup raises PT to $122 from $80
* Brightsphere Investment Group Inc : Evercore ISI raises target to $9 from $6
* Brightsphere Investment Group Inc : KBW raises target price to $9.50 from $7.25
* Brightview Holdings Inc : Credit Suisse cuts target price to $14 from $18
* Brightview Holdings Inc : Jefferies raises target price to $14 from $12
* Cabot Microelectronics Corp : Citigroup cuts price target to $140 from $175
* Cactus Inc : zephirin Group raises price objective to $12 from $8
* Calithera Biosciences Inc : Jefferies raises target price to $9 from $6
* Calyxt Inc : BMO cuts price target to $7 from $13
* Calyxt Inc : BMO cuts to market perform from outperform
* Camping World Holdings Inc : Credit Suisse raises target price to $12 from $11
* Camping World Holdings Inc : JP Morgan raises price target to $11 from $10
* Capstar Financial Holdings Inc : KBW raises target price to $11 from $10.50
* Cargurus Inc : BTIG raises target price to $26 from $23
* Carrols Restaurant Group Inc : Craig-Hallum raises to buy from hold; raises target price to $5 from $3.75
* Castlight Health Inc : Cantor Fitzgerald cuts target price to $1 from $2
* Catasys Inc : Canaccord Genuity raises target price to $36 from $35
* CBRE Group Inc : Evercore ISI cuts target price to $48 from $50
* CBRE Group Inc : KBW cuts target price to $51 from $52
* Centerpoint Energy Inc : Guggenheim raises target price to $26 from $25
* Centerpoint Energy Inc : Keybanc raises target price to $16 from $12
* Centurylink Inc : RBC cuts target price to $10 from $14
* CF Industries Holdings Inc : Citigroup cuts price target to $29 from $31
* CF Industries Holdings Inc : Scotiabank raises target price to $32 from $31
* ChannelAdvisor Corp : Needham raises price target to $14 from $11
* Charles River Laboratories International : Credit Suisse cuts PT to $159 from $162
* Charles River Laboratories International : Evercore ISI ups PT to $176 from $154
* Charles River Laboratories International : Jefferies raises PT to $161 from $139
* Charles River Laboratories International Inc : Citigroup raises price target to $190 from $165
* Chart Industries Inc : zephirin Group raises price objective to $25 from $17
* Charter Communications Inc : Benchmark raises price target to $600 from $523
* Chemours Co : Citigroup raises price target to $13 from $8
* Cimarex Energy Co : MKM Partners raises target price to $34 from $31
* City Holding Co : Stephens cuts target price to $63 from $64.
- 05/08/2020
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CarGurus Announces First Quarter 2020 Results
- First Quarter Highlights: Total revenue of $157.7 million, an increase of 17% year-over-yearGAAP operating income of $12.0 million; non-GAAP operating income of $25.1.
- 05/07/2020
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CarGurus Continues to Support Canadian Car Dealers with Rate Reductions for June
- CarGurus (CARG), a leading global automotive marketplace, today announced a 20% rate reduction for the month of June for its subscribing dealerships in Canada. CarGurus was first among the major Canadian online automotive marketplaces1 to offer discounts to dealers in April and has continued to offer discounts through June. The June discount is intended to provide extended cost relief, enabling dealers in Canada to continue to connect with shoppers on the CarGurus platform and benefit from pent-up demand heading in to summer.
- 05/05/2020
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Discounts may help cure U.S. auto market's coronavirus hangover
- Texas auto dealer Hayden Elder says March was his worst month in 42 years selling cars thanks to the coronavirus, but April brought days that were "almost normal" and he expects bigger customer discounts to help him sell more Dodge Ram pickup trucks this month.
- 05/04/2020
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Discounts may help cure U.S. auto market's coronavirus hangover
- Discounts may help cure U.S. auto market's coronavirus hangover
- 05/04/2020
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What Is CarGurus's (NASDAQ:CARG) P/E Ratio After Its Share Price Rocketed?
- Those holding CarGurus (NASDAQ:CARG) shares must be pleased that the share price has rebounded 44% in the last thirty...
- 05/03/2020
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Reviewing CarGurus (NASDAQ:CARG) and CooTek (Cayman) (NASDAQ:CTK)
- CarGurus (NASDAQ:CARG) and CooTek (Cayman) (NYSE:CTK) are both auto/tires/trucks companies, but which is the superior business? We will contrast the two companies based on the strength of their profitability, institutional ownership, dividends, valuation, analyst recommendations, earnings and risk. Valuation and Earnings This table compares CarGurus and CooTek (Cayman)’s revenue, earnings per share (EPS) and valuation. […]
- 05/02/2020
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L'tude de CarGurus rvle plusieurs points positifs pour le secteur automobile canadien pendant l'pidmie de COVID-19
- Les Canadiens ont l'intention d'acheter des véhicules et de réduire l'utilisation du service de remorquage
- 05/01/2020
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CarGurus Study Finds Several Bright Spots for Canadian Auto Sector During COVID-19
- CarGurus (CARG), a leading global online automotive marketplace, today released its Canadian COVID-19 Sentiment Study. The Canadian CarGurus COVID-19 Sentiment Study delved into a variety of automotive topics, including shoppers’ thoughts on when they plan to buy their next vehicle, and their opinions on both contactless dealership services amid COVID-19, as well as when they will schedule regular vehicle maintenance servicing. “Even though the COVID-19 pandemic is having an impact on the automotive industry, our study showed that there are several bright spots among consumers who plan on purchasing a vehicle this year,” said Madison Gross, Director of Customer Insights at CarGurus.
- 05/01/2020
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CarGurus Study Finds Several Bright Spots for Canadian Auto Sector During COVID-19
- Canadians Intend to Purchase Vehicles and Decrease Ride-Hailing Service Usage
- 05/01/2020
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Analysts Estimate CarGurus (CARG) to Report a Decline in Earnings: What to Look Out for
- CarGurus (CARG) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
- 04/30/2020
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Analysts Estimate CarGurus (CARG) to Report a Decline in Earnings: What to Look Out for
- CarGurus (CARG) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
- 04/30/2020
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CarGurus (CARG) to Release Earnings on Thursday
- CarGurus (NASDAQ:CARG) is set to post its quarterly earnings results after the market closes on Thursday, May 7th. Analysts expect CarGurus to post earnings of $0.01 per share for the quarter. Individual that are interested in registering for the company’s earnings conference call can do so using this link. CarGurus (NASDAQ:CARG) last announced its quarterly […]
- 04/30/2020
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CarGurus (CARG) Gets a Buy Rating from SunTrust Robinson
- In a report released today, Naved Khan from SunTrust Robinson maintained a Buy rating on CarGurus (CARG), with a price target of $33.00. The company's
- 04/29/2020
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CarGurus (CARG) Gets a Buy Rating from SunTrust Robinson
- In a report released today, Naved Khan from SunTrust Robinson maintained a Buy rating on CarGurus (CARG – Research Report),
- 04/29/2020
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CarGurus Continues to Support U.S. Dealers with Rate Reductions for June
- CarGurus (CARG), a leading global automotive marketplace, today announced a comprehensive 20% rate reduction for the month of June for its subscribing dealerships in the United States. CarGurus was the first among the major U.S. online automotive marketplaces¹ to offer discounts to dealers for April and has continued to offer discounts for May and now June. The June discount is intended to provide extended cost relief, enabling dealers in the U.S. to continue to connect with shoppers on the CarGurus platform and benefit from pent-up demand heading in to summer.
- 04/29/2020
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CarGurus Inc (NASDAQ:CARG) CEO Langley Steinert Sells 8,359 Shares
- CarGurus Inc (NASDAQ:CARG) CEO Langley Steinert sold 8,359 shares of the business’s stock in a transaction that occurred on Friday, April 24th. The stock was sold at an average price of $20.02, for a total value of $167,347.18. Following the sale, the chief executive officer now directly owns 1,806,675 shares in the company, valued at […]
- 04/29/2020
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CarGurus Inc (NASDAQ:CARG) CEO Langley Steinert Sells 12,006 Shares
- CarGurus Inc (NASDAQ:CARG) CEO Langley Steinert sold 12,006 shares of the company’s stock in a transaction that occurred on Monday, April 27th. The shares were sold at an average price of $20.65, for a total value of $247,923.90. Following the sale, the chief executive officer now directly owns 1,806,675 shares of the company’s stock, valued […]
- 04/29/2020
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CarGurus Study Finds Several Bright Spots for Auto Sector During COVID-19
- CarGurus (CARG), a leading global online automotive marketplace, today released its COVID-19 Sentiment Study. As COVID-19 disrupts several industries like automotive retail, this analysis looks into the specific segment of those consumers who either planned on purchasing a vehicle before the pandemic hit and/or those that are now planning on purchasing a vehicle since then. The CarGurus COVID-19 Sentiment Study delved into a variety of automotive topics, including shoppers’ thoughts on when they plan to buy their next vehicle, and their opinions on both contactless dealership services amid COVID-19, as well as when they will schedule vehicle servicing.
- 04/28/2020
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CarGurus Inc (NASDAQ:CARG) Receives Consensus Rating of "Buy" from Analysts
- Shares of CarGurus Inc (NASDAQ:CARG) have received a consensus recommendation of “Buy” from the fourteen research firms that are covering the company, MarketBeat reports. One analyst has rated the stock with a sell recommendation, four have assigned a hold recommendation and eight have assigned a buy recommendation to the company. The average twelve-month price target […]
- 04/27/2020
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CarGurus Inc (NASDAQ:CARG) CEO Langley Steinert Sells 924 Shares
- CarGurus Inc (NASDAQ:CARG) CEO Langley Steinert sold 924 shares of the business’s stock in a transaction dated Wednesday, April 22nd. The shares were sold at an average price of $20.01, for a total transaction of $18,489.24. Following the completion of the sale, the chief executive officer now directly owns 1,817,252 shares of the company’s stock, […]
- 04/25/2020
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Q1 2020 Earnings Forecast for CarGurus Inc Issued By Oppenheimer (NASDAQ:CARG)
- CarGurus Inc (NASDAQ:CARG) – Research analysts at Oppenheimer reduced their Q1 2020 earnings per share (EPS) estimates for shares of CarGurus in a report released on Monday, April 20th. Oppenheimer analyst J. Kelly now expects that the company will post earnings of ($0.04) per share for the quarter, down from their previous estimate of $0.03. […]
- 04/24/2020
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CarGurus to Report First Quarter 2020 Financial Results
- CAMBRIDGE, Mass., April 23, 2020 -- CarGurus, Inc. (Nasdaq: CARG), a leading global automotive marketplace, announced it will issue a press release reporting financial results.
- 04/23/2020
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CarGurus Inc (NASDAQ:CARG) Expected to Post Earnings of $0.08 Per Share
- Wall Street analysts expect that CarGurus Inc (NASDAQ:CARG) will post earnings of $0.08 per share for the current fiscal quarter, according to Zacks Investment Research. Four analysts have provided estimates for CarGurus’ earnings, with the highest EPS estimate coming in at $0.10 and the lowest estimate coming in at $0.07. CarGurus posted earnings per share […]
- 04/23/2020
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Oppenheimer Lowers CarGurus (NASDAQ:CARG) Price Target to $24.00
- CarGurus (NASDAQ:CARG) had its price target dropped by research analysts at Oppenheimer from $36.00 to $24.00 in a research note issued on Monday, The Fly reports. The firm currently has an “outperform” rating on the stock. Oppenheimer’s price target would indicate a potential upside of 27.59% from the stock’s previous close. Several other analysts have […]
- 04/22/2020
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$155.05 Million in Sales Expected for CarGurus Inc (NASDAQ:CARG) This Quarter
- Brokerages predict that CarGurus Inc (NASDAQ:CARG) will announce sales of $155.05 million for the current fiscal quarter, Zacks reports. Four analysts have issued estimates for CarGurus’ earnings, with estimates ranging from $140.91 million to $160.90 million. CarGurus reported sales of $135.27 million in the same quarter last year, which would suggest a positive year over […]
- 04/22/2020
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Royal Bank of Canada Downgrades CarGurus (NASDAQ:CARG) to Sector Perform
- Royal Bank of Canada cut shares of CarGurus (NASDAQ:CARG) from an outperform rating to a sector perform rating in a research note released on Friday morning, BenzingaRatingsTable reports. Royal Bank of Canada currently has $22.00 price objective on the stock, down from their previous price objective of $25.00. Several other research analysts have also recently […]
- 04/21/2020
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Norges Bank Takes $16.63 Million Position in CarGurus Inc (NASDAQ:CARG)
- Norges Bank purchased a new stake in CarGurus Inc (NASDAQ:CARG) during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor purchased 472,772 shares of the company’s stock, valued at approximately $16,632,000. Norges Bank owned 0.42% of CarGurus at the end of the […]
- 04/20/2020
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Analysts Are Bullish on These Services Stocks: Dine Brands Global (DIN), CarGurus (CARG)
- There's a lot to be optimistic about in the Services sector as 2 analysts just weighed in on Dine Brands Global (DIN) and CarGurus (CARG) with bullish
- 04/20/2020
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Analysts Are Bullish on These Services Stocks: Dine Brands Global (DIN), CarGurus (CARG)
- There’s a lot to be optimistic about in the Services sector as 2 analysts just weighed in on Dine Brands
- 04/20/2020
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Are CarGurus’s (NASDAQ:CARG) Statutory Earnings A Good Guide To Its Underlying Profitability?
- As a general rule, we think profitable companies are less risky than companies that lose money. However, sometimes...
- 04/19/2020
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Langley Steinert Sells 12,006 Shares of CarGurus Inc (NASDAQ:CARG) Stock
- CarGurus Inc (NASDAQ:CARG) CEO Langley Steinert sold 12,006 shares of the firm’s stock in a transaction that occurred on Tuesday, April 14th. The shares were sold at an average price of $20.08, for a total transaction of $241,080.48. Following the completion of the sale, the chief executive officer now directly owns 1,818,176 shares in the […]
- 04/18/2020
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CarGurus (CARG) Receives a Hold from Needham
- Needham analyst Brad Erickson maintained a Hold rating on CarGurus (CARG) today. The company's shares closed last Thursday at $19.09. According to
- 04/17/2020
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CarGurus (CARG) Receives a Hold from Needham
- Needham analyst Brad Erickson maintained a Hold rating on CarGurus (CARG – Research Report) today. The company’s shares closed last
- 04/17/2020
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CarGurus cutting workers by 13%, pulling back global expansion
- CarGurus (NASDAQ:CARG) says in a COVID-19 update that its board approved a cost-cutting plan resulting in cutting its workforce by about 13%. The company is ceasing operations in its Germany, Italy a
- 04/16/2020
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CarGurus (CARG) Gets a Buy Rating from JMP Securities
- In a report issued on April 13, Ronald Josey from JMP Securities maintained a Buy rating on CarGurus (CARG), with a price target of $30.00. The company's
- 04/16/2020
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CarGurus (CARG) Gets a Buy Rating from JMP Securities
- In a report issued on April 13, Ronald Josey from JMP Securities maintained a Buy rating on CarGurus (CARG –
- 04/16/2020
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CarGurus propose des options sans contact pour l’achat d’un vhicule
- Les nouvelles fonctionnalités permettent aux acheteurs et aux concessionnaires d’échanger en toute sécurité pendant l’éclosion de la COVID-19
- 04/15/2020
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CarGurus Provides Contactless Options to Purchase a Vehicle
- CarGurus (CARG), a leading global automotive marketplace, today announced new digital safety and convenience features in its effort to support dealerships and consumers during COVID-19. Amid the current COVID-19 restrictions, the company is now offering ways for its subscribing dealers in the U.S., U.K., and Canada to inform in-market shoppers about how they can safely communicate and connect regarding the vehicles they are interested in purchasing. As shoppers adhere to their local regulations for conducting retail activity, CarGurus’ new array of search features will help those who are able to shop for a vehicle to do so safely.
- 04/15/2020
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Langley Steinert Sells 4,412 Shares of CarGurus Inc (NASDAQ:CARG) Stock
- CarGurus Inc (NASDAQ:CARG) CEO Langley Steinert sold 4,412 shares of the business’s stock in a transaction dated Thursday, April 9th. The shares were sold at an average price of $20.05, for a total value of $88,460.60. Following the completion of the sale, the chief executive officer now directly owns 1,830,182 shares of the company’s stock, […]
- 04/14/2020
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CarGurus (NASDAQ:CARG) Given New $30.00 Price Target at JMP Securities
- CarGurus (NASDAQ:CARG) had its target price dropped by equities research analysts at JMP Securities from $43.00 to $30.00 in a report released on Monday, The Fly reports. The firm currently has an “outperform” rating on the stock. JMP Securities’ price objective suggests a potential upside of 54.48% from the stock’s current price. Several other brokerages […]
- 04/13/2020
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Bank of New York Mellon Corp Sells 12,480 Shares of CarGurus Inc (NASDAQ:CARG)
- Bank of New York Mellon Corp reduced its position in shares of CarGurus Inc (NASDAQ:CARG) by 4.5% in the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 263,051 shares of the company’s stock after selling 12,480 shares during the quarter. Bank of New York Mellon Corp […]
- 04/12/2020
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Is TriNet Group Inc (TNET) A Good Stock To Buy?
- We hate to say this but, we told you so. On February 27th we published an article with the title Recession is Imminent: We Need A Travel Ban NOW and predicted a US recession when the S&P 500 Index was trading at the 3150 level. We also told you to short the market and buy […]
- 04/08/2020
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CarGurus (NASDAQ:CARG) Trading Up 8.4%
- CarGurus Inc (NASDAQ:CARG) shares were up 8.4% during trading on Monday . The stock traded as high as $17.68 and last traded at $17.27, approximately 2,321,192 shares were traded during mid-day trading. An increase of 23% from the average daily volume of 1,881,092 shares. The stock had previously closed at $15.93. Several analysts have recently […]
- 04/07/2020
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A Sliding Share Price Has Us Looking At CarGurus, Inc.'s (NASDAQ:CARG) P/E Ratio
- Unfortunately for some shareholders, the CarGurus (NASDAQ:CARG) share price has dived 31% in the last thirty days. And...
- 04/04/2020
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How Does CarGurus’s (NASDAQ:CARG) P/E Compare To Its Industry, After The Share Price Drop?
- Unfortunately for some shareholders, the CarGurus (NASDAQ:CARG) share price has dived 31% in the last thirty days...
- 04/04/2020
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SunTrust Banks Weighs in on CarGurus Inc's Q2 2020 Earnings (NASDAQ:CARG)
- CarGurus Inc (NASDAQ:CARG) – Research analysts at SunTrust Banks cut their Q2 2020 earnings estimates for CarGurus in a note issued to investors on Tuesday, March 31st. SunTrust Banks analyst N. Khan now expects that the company will post earnings per share of ($0.12) for the quarter, down from their previous estimate of $0.05. SunTrust […]
- 04/04/2020
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CarGurus Inc (NASDAQ:CARG) Shares Purchased by Cubist Systematic Strategies LLC
- Cubist Systematic Strategies LLC increased its position in shares of CarGurus Inc (NASDAQ:CARG) by 193.7% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 40,784 shares of the company’s stock after purchasing an additional 26,900 shares during the period. […]
- 04/03/2020
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Alliancebernstein L.P. Grows Holdings in CarGurus Inc (NASDAQ:CARG)
- Alliancebernstein L.P. boosted its stake in CarGurus Inc (NASDAQ:CARG) by 15.6% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 505,390 shares of the company’s stock after acquiring an additional 68,210 shares during the period. Alliancebernstein L.P. owned 0.45% of CarGurus […]
- 04/03/2020
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CarGurus Announces Extended Billing Discount for Dealerships in U.S. and Canada
- CarGurus (CARG), a leading global automotive marketplace, today announced its continued support for dealers in the U.S. and Canada as the COVID-19 situation continues to impact automotive retail. The company will extend its existing 50% discount on all marketplace subscriptions for U.S. and Canadian dealers through the month of May. The move is a continuation of the rate reduction that CarGurus announced on March 18, and is intended to help ease the burden for dealers at this difficult time.
- 04/02/2020
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CarGurus Inc (NASDAQ:CARG) Receives Average Recommendation of "Buy" from Brokerages
- CarGurus Inc (NASDAQ:CARG) has received an average recommendation of “Buy” from the thirteen ratings firms that are presently covering the stock, MarketBeat Ratings reports. One equities research analyst has rated the stock with a sell rating, three have issued a hold rating and eight have assigned a buy rating to the company. The average 12 […]
- 04/02/2020
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BidaskClub Downgrades CarGurus (NASDAQ:CARG) to Strong Sell
- CarGurus (NASDAQ:CARG) was downgraded by investment analysts at BidaskClub from a “sell” rating to a “strong sell” rating in a note issued to investors on Thursday, BidAskClub reports. Several other equities analysts also recently commented on CARG. TheStreet downgraded CarGurus from a “c-” rating to a “d+” rating in a report on Monday, March 2nd. […]
- 04/02/2020
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Automotive E-Commerce to Rev Up Amid Coronavirus: Stocks in Focus
- Coronavirus-induced social distancing is prompting automakers and dealers to step up digital retailing efforts.
- 04/01/2020
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Automotive E-Commerce to Rev Up Amid Coronavirus: Stocks in Focus
- Coronavirus-induced social distancing is prompting automakers and dealers to step up digital retailing efforts.
- 04/01/2020
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CarGurus (CARG) Receives a Buy from SunTrust Robinson
- SunTrust Robinson analyst Naved Khan maintained a Buy rating on CarGurus (CARG) today and set a price target of $33.00. The company's shares closed last
- 03/31/2020
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CarGurus (CARG) Receives a Buy from SunTrust Robinson
- SunTrust Robinson analyst Naved Khan maintained a Buy rating on CarGurus (CARG – Research Report) today and set a price
- 03/31/2020
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Coronavirus drives U.S. March auto sales off a cliff
- U.S. new vehicle sales likely drove off a cliff in March as the coronavirus pandemic pounded consumer confidence and shuttered dealerships across much of the country, and sales are likely to take a further beating in April as social distancing guidelines remain in place.
- 03/30/2020
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Coronavirus drives U.S. March auto sales off a cliff
- U.S. new vehicle sales likely drove off a cliff in March as the coronavirus pandemic pounded consumer confidence and shuttered dealerships across much of the country, and sales are likely to take a further beating in April as social distancing guidelines remain in place.
- 03/30/2020
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CarGurus Inc (NASDAQ:CARG) Expected to Announce Quarterly Sales of $155.25 Million
- Equities analysts predict that CarGurus Inc (NASDAQ:CARG) will announce sales of $155.25 million for the current quarter, Zacks Investment Research reports. Four analysts have made estimates for CarGurus’ earnings. The highest sales estimate is $160.90 million and the lowest is $140.91 million. CarGurus reported sales of $135.27 million during the same quarter last year, which […]
- 03/30/2020
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Langley Steinert Sells 12,006 Shares of CarGurus Inc (NASDAQ:CARG) Stock
- CarGurus Inc (NASDAQ:CARG) CEO Langley Steinert sold 12,006 shares of the business’s stock in a transaction that occurred on Wednesday, March 25th. The stock was sold at an average price of $20.15, for a total value of $241,920.90. Following the sale, the chief executive officer now owns 1,515,270 shares of the company’s stock, valued at […]
- 03/29/2020
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5,590 Shares in CarGurus Inc (NASDAQ:CARG) Acquired by Great West Life Assurance Co. Can
- Great West Life Assurance Co. Can bought a new stake in CarGurus Inc (NASDAQ:CARG) during the fourth quarter, Holdings Channel.com reports. The fund bought 5,590 shares of the company’s stock, valued at approximately $195,000. A number of other institutional investors and hedge funds also recently made changes to their positions in the stock. HMI Capital […]
- 03/28/2020
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CarGurus (NASDAQ:CARG) Raised to "Hold" at Zacks Investment Research
- Zacks Investment Research upgraded shares of CarGurus (NASDAQ:CARG) from a sell rating to a hold rating in a research report report published on Tuesday, Zacks.com reports. According to Zacks, “CarGurus, Inc. is an online automotive marketplace connecting buyers and sellers of new and used cars. The company uses proprietary technology, search algorithms and data analytics. […]
- 03/28/2020
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CarGurus Sees Unusually Large Options Volume (NASDAQ:CARG)
- CarGurus Inc (NASDAQ:CARG) was the target of unusually large options trading on Friday. Stock investors purchased 20,976 call options on the company. This is an increase of approximately 2,512% compared to the typical daily volume of 803 call options. In related news, CFO Jason Trevisan sold 10,000 shares of the stock in a transaction that […]
- 03/28/2020
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CarGurus (NASDAQ:CARG) Shares Down 7.6% on Insider Selling
- CarGurus Inc (NASDAQ:CARG)’s share price fell 7.6% during mid-day trading on Friday after an insider sold shares in the company. The company traded as low as $18.24 and last traded at $18.96, 1,801,620 shares traded hands during mid-day trading. A decline of 6% from the average session volume of 1,921,749 shares. The stock had previously […]
- 03/28/2020
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Hedge Funds Were Buying Tenet Healthcare Corp (THC)
- We hate to say this but, we told you so. On February 27th we published an article with the title Recession is Imminent: We Need A Travel Ban NOW and predicted a US recession when the S&P 500 Index was trading at the 3150 level. We also told you to short the market and buy […]
- 03/27/2020
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Hedge Funds Were Betting On LendingTree, Inc (TREE) Before The Coronavirus
- We hate to say this but, we told you so. On February 27th we published an article with the title Recession is Imminent: We Need A Travel Ban NOW and predicted a US recession when the S&P 500 Index was trading at the 3150 level. We also told you to short the market and buy […]
- 03/27/2020
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Hedge Funds Have Never Been This Bullish On Blueprint Medicines Corporation (BPMC)
- We hate to say this but, we told you so. On February 27th we published an article with the title Recession is Imminent: We Need A Travel Ban NOW and predicted a US recession when the S&P 500 Index was trading at the 3150 level. We also told you to short the market and buy […]
- 03/27/2020
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Hedge Funds Have Never Been This Bullish On CarGurus, Inc. (CARG)
- We hate to say this but, we told you so. On February 27th we published an article with the title Recession is Imminent: We Need A Travel Ban NOW and predicted a US recession when the S&P; 500 Index was trading at the 3150 level. We also told you to short the market and buy […]
- 03/27/2020
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Amalgamated Bank Grows Stock Holdings in CarGurus Inc (NASDAQ:CARG)
- Amalgamated Bank raised its position in shares of CarGurus Inc (NASDAQ:CARG) by 4.7% during the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 13,746 shares of the company’s stock after purchasing an additional 619 shares during the period. Amalgamated Bank’s holdings in CarGurus were worth […]
- 03/27/2020
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CarGurus (NASDAQ:CARG) Rating Increased to Sell at BidaskClub
- CarGurus (NASDAQ:CARG) was upgraded by equities research analysts at BidaskClub from a “strong sell” rating to a “sell” rating in a research report issued on Friday, BidAskClub reports. CARG has been the topic of a number of other research reports. TheStreet downgraded shares of CarGurus from a “c-” rating to a “d+” rating in a […]
- 03/27/2020
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CarGurus Inc (NASDAQ:CARG) Shares Sold by Credit Suisse AG
- Credit Suisse AG reduced its position in shares of CarGurus Inc (NASDAQ:CARG) by 5.7% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 81,784 shares of the company’s stock after selling 4,923 shares during the period. Credit Suisse AG owned 0.07% of CarGurus worth […]
- 03/25/2020
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Things Look Grim For CarGurus, Inc. (NASDAQ:CARG) After Today’s Downgrade
- Today is shaping up negative for CarGurus, Inc. (NASDAQ:CARG) shareholders, with the analysts delivering a substantial...
- 03/25/2020
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CarGurus (NASDAQ:CARG) Trading 14.1% Higher
- CarGurus Inc (NASDAQ:CARG) traded up 14.1% during mid-day trading on Tuesday . The company traded as high as $18.60 and last traded at $18.42, 1,515,143 shares traded hands during mid-day trading. A decline of 21% from the average session volume of 1,927,526 shares. The stock had previously closed at $16.14. CARG has been the topic […]
- 03/25/2020
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CarGurus Inc (NASDAQ:CARG) Shares Bought by Algert Global LLC
- Algert Global LLC raised its position in CarGurus Inc (NASDAQ:CARG) by 59.9% in the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 65,267 shares of the company’s stock after acquiring an additional 24,449 shares during the period. Algert Global LLC owned approximately […]
- 03/24/2020
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CarGurus Inc (NASDAQ:CARG) Expected to Post FY2020 Earnings of $0.14 Per Share
- CarGurus Inc (NASDAQ:CARG) – Analysts at William Blair cut their FY2020 earnings per share estimates for CarGurus in a note issued to investors on Wednesday, March 18th. William Blair analyst R. Schackart now anticipates that the company will post earnings of $0.14 per share for the year, down from their previous estimate of $0.25. William […]
- 03/23/2020
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CarGurus Inc (NASDAQ:CARG) Shares Sold by Envestnet Asset Management Inc.
- Envestnet Asset Management Inc. lessened its stake in CarGurus Inc (NASDAQ:CARG) by 2.5% in the 4th quarter, according to its most recent filing with the SEC. The fund owned 40,525 shares of the company’s stock after selling 1,047 shares during the period. Envestnet Asset Management Inc.’s holdings in CarGurus were worth $1,426,000 at the end […]
- 03/21/2020
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Blueshift Asset Management LLC Buys 37,258 Shares of CarGurus Inc (NASDAQ:CARG)
- Blueshift Asset Management LLC increased its stake in shares of CarGurus Inc (NASDAQ:CARG) by 230.6% during the 4th quarter, Holdings Channel reports. The fund owned 53,413 shares of the company’s stock after acquiring an additional 37,258 shares during the period. Blueshift Asset Management LLC’s holdings in CarGurus were worth $1,879,000 as of its most recent […]
- 03/21/2020
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William Blair Comments on CarGurus Inc's Q2 2020 Earnings (NASDAQ:CARG)
- CarGurus Inc (NASDAQ:CARG) – Equities research analysts at William Blair reduced their Q2 2020 earnings per share estimates for shares of CarGurus in a research report issued on Wednesday, March 18th. William Blair analyst R. Schackart now anticipates that the company will post earnings per share of $0.00 for the quarter, down from their prior […]
- 03/21/2020
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Bank of Montreal Can Boosts Stock Position in CarGurus Inc (NASDAQ:CARG)
- Bank of Montreal Can boosted its position in CarGurus Inc (NASDAQ:CARG) by 46.6% in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 9,694 shares of the company’s stock after purchasing an additional 3,080 shares during the quarter. Bank of Montreal Can’s holdings in CarGurus were […]
- 03/20/2020
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BRIEF-Cargurus Says Issued Shareholder Letter Regarding Certain Actions Company Is Taking In Response To Covid-19 Outbreak - SEC Filing
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Insider Selling: CarGurus Inc (NASDAQ:CARG) CEO Sells 12,006 Shares of Stock
- CarGurus Inc (NASDAQ:CARG) CEO Langley Steinert sold 12,006 shares of the stock in a transaction on Friday, March 13th. The shares were sold at an average price of $20.33, for a total value of $244,081.98. Following the completion of the sale, the chief executive officer now owns 1,527,276 shares of the company’s stock, valued at […]
- 03/19/2020
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CarGurus (NASDAQ:CARG) Sets New 12-Month Low After Insider Selling
- CarGurus Inc (NASDAQ:CARG) hit a new 52-week low during trading on Wednesday following insider selling activity. The company traded as low as $16.43 and last traded at $16.80, with a volume of 29391 shares traded. The stock had previously closed at $18.78. Specifically, CFO Jason Trevisan sold 10,000 shares of the business’s stock in a […]
- 03/19/2020
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CarGurus cuts dealer billing rate by half, pulls guidance
- CarGurus (NASDAQ:CARG) has announced a 50% rate reduction on marketplace subscription billings in April, for all paying customers. That's part of measures the company is taking to help dealers "m
- 03/18/2020
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CarGurus Supports Dealers with Billings Discount
- Today CarGurus issued the following letter to shareholders. As we evaluate the impact of COVID-19 on consumers, dealers, and our own employees, we are proactively taking steps to provide our key stakeholders with our unwavering support through this unprecedented period. Included in these measures is a 50% rate reduction on all marketplace subscription billings in April for all of our paying customers.
- 03/18/2020
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SPDR Gold Shares holdings fall to 923.69MT from 929.84MT GLD
- SPDR Gold Shares holdings fall to 923.69MT from 929.84MT GLD
- 03/18/2020
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Walmart to adjust store hours to 7am - 8:30pm, shut down auto care centers WMT
- Walmart to adjust store hours to 7am - 8:30pm, shut down auto care centers WMT
- 03/18/2020
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Nissan temporarily suspends production at U.S. manufacturing facilities NSANY
- Nissan temporarily suspends production at U.S. manufacturing facilities NSANY
- 03/18/2020
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Qiagen lauches COVID-19 test kits in Europe QGEN
- Qiagen lauches COVID-19 test kits in Europe QGEN
- 03/18/2020
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Fly Intel: After Hours Movers GES;MLHR;PD;WSM;FIVE;DRNA;ZUMZ;TLRD;ONEM;CARG;MAR;EL;PTLA;TSLA
- Fly Intel: After Hours Movers GES MLHR PD WSM FIVE DRNA ZUMZ TLRD ONEM CARG MAR EL PTLA TSLA
- 03/18/2020
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S&P500 e-mini futures up nearly 2% after ECB's emergency policy announcement SPY;SPX
- S&P500 e-mini futures up nearly 2% after ECB's emergency policy announcement SPY SPX
- 03/18/2020
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ECB says will consider revising its asset purchase program SPY;SPX
- ECB says will consider revising its asset purchase program SPY SPX
- 03/18/2020
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Tenneco names Kenneth Trammell as interim CFO TEN
- Tenneco names Kenneth Trammell as interim CFO TEN
- 03/18/2020
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Washington Prime lowers quarterly dividend to 6.25c from 12.5c per share WPG
- Washington Prime lowers quarterly dividend to 6.25c from 12.5c per share WPG
- 03/18/2020
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ArrowMark Colorado Holdings LLC Increases Stock Holdings in CarGurus Inc (NASDAQ:CARG)
- ArrowMark Colorado Holdings LLC increased its holdings in shares of CarGurus Inc (NASDAQ:CARG) by 714.4% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 1,302,116 shares of the company’s stock after buying an additional 1,142,239 shares during the quarter. ArrowMark […]
- 03/18/2020
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Top Analyst Upgrades and Downgrades: Amazon, Apple, BofA, Cinemark, Coupa, Ecolab, Novavax, Pepsico, P&G, Square, Walmart and More
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AlphaCrest Capital Management LLC Reduces Stock Holdings in CarGurus Inc (NASDAQ:CARG)
- AlphaCrest Capital Management LLC lowered its position in CarGurus Inc (NASDAQ:CARG) by 62.6% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 17,700 shares of the company’s stock after selling 29,600 shares during the quarter. AlphaCrest Capital Management LLC’s […]
- 03/17/2020
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A Sliding Share Price Has Us Looking At CarGurus, Inc.'s (NASDAQ:CARG) P/E Ratio
- To the annoyance of some shareholders, CarGurus (NASDAQ:CARG) shares are down a considerable 30% in the last month...
- 03/17/2020
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How Does CarGurus’s (NASDAQ:CARG) P/E Compare To Its Industry, After The Share Price Drop?
- Unfortunately for some shareholders, the CarGurus (NASDAQ:CARG) share price has dived 30% in the last thirty days...
- 03/17/2020
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Blair William & Co. IL Has $3.65 Million Position in CarGurus Inc (NASDAQ:CARG)
- Blair William & Co. IL raised its position in CarGurus Inc (NASDAQ:CARG) by 3.4% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 103,689 shares of the company’s stock after acquiring an additional 3,381 shares during the quarter. Blair William & […]
- 03/16/2020
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CarGurus Inc (NASDAQ:CARG) CEO Langley Steinert Sells 12,006 Shares
- CarGurus Inc (NASDAQ:CARG) CEO Langley Steinert sold 12,006 shares of the stock in a transaction that occurred on Wednesday, March 11th. The stock was sold at an average price of $20.54, for a total value of $246,603.24. Following the completion of the transaction, the chief executive officer now owns 1,551,381 shares in the company, valued […]
- 03/14/2020
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Samuel Zales Sells 18,000 Shares of CarGurus Inc (NASDAQ:CARG) Stock
- CarGurus Inc (NASDAQ:CARG) COO Samuel Zales sold 18,000 shares of the business’s stock in a transaction that occurred on Wednesday, March 11th. The stock was sold at an average price of $20.54, for a total value of $369,720.00. Following the completion of the sale, the chief operating officer now owns 285,200 shares of the company’s […]
- 03/14/2020
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CarGurus (NASDAQ:CARG) Shares Down 11.3% Following Insider Selling
- CarGurus Inc (NASDAQ:CARG) shares traded down 11.3% on Thursday following insider selling activity. The company traded as low as $17.45 and last traded at $18.27, 2,932,748 shares changed hands during mid-day trading. An increase of 60% from the average session volume of 1,830,766 shares. The stock had previously closed at $20.60. Specifically, COO Samuel Zales […]
- 03/13/2020
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CarGurus Inc (NASDAQ:CARG) CEO Langley Steinert Sells 12,006 Shares of Stock
- CarGurus Inc (NASDAQ:CARG) CEO Langley Steinert sold 12,006 shares of the company’s stock in a transaction on Monday, March 9th. The stock was sold at an average price of $20.62, for a total value of $247,563.72. Following the transaction, the chief executive officer now owns 1,575,485 shares of the company’s stock, valued at $32,486,500.70. The […]
- 03/11/2020
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CarGurus Inc (NASDAQ:CARG) CEO Langley Steinert Sells 12,006 Shares of Stock
- CarGurus Inc (NASDAQ:CARG) CEO Langley Steinert sold 12,006 shares of the business’s stock in a transaction on Friday, March 6th. The stock was sold at an average price of $22.55, for a total transaction of $270,735.30. Following the completion of the sale, the chief executive officer now directly owns 1,575,485 shares of the company’s stock, […]
- 03/11/2020
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CarGurus (NASDAQ:CARG) Reaches New 1-Year Low on Insider Selling
- CarGurus Inc (NASDAQ:CARG)’s stock price hit a new 52-week low during trading on Monday after an insider sold shares in the company. The company traded as low as $19.86 and last traded at $20.97, with a volume of 16361 shares changing hands. The stock had previously closed at $22.50. Specifically, CFO Jason Trevisan sold 10,000 […]
- 03/10/2020
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Langley Steinert Sells 12,006 Shares of CarGurus Inc (NASDAQ:CARG) Stock
- CarGurus Inc (NASDAQ:CARG) CEO Langley Steinert sold 12,006 shares of the company’s stock in a transaction that occurred on Wednesday, March 4th. The stock was sold at an average price of $24.54, for a total value of $294,627.24. Following the transaction, the chief executive officer now directly owns 1,599,312 shares of the company’s stock, valued […]
- 03/08/2020
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Chicago Equity Partners LLC Trims Stock Position in CarGurus Inc (NASDAQ:CARG)
- Chicago Equity Partners LLC cut its stake in shares of CarGurus Inc (NASDAQ:CARG) by 69.8% in the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 9,845 shares of the company’s stock after selling 22,765 shares during the period. Chicago Equity Partners LLC’s holdings […]
- 03/07/2020
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Brokerages Anticipate CarGurus Inc (NASDAQ:CARG) Will Announce Earnings of $0.08 Per Share
- Analysts expect CarGurus Inc (NASDAQ:CARG) to announce earnings of $0.08 per share for the current fiscal quarter, according to Zacks. Four analysts have issued estimates for CarGurus’ earnings, with the highest EPS estimate coming in at $0.10 and the lowest estimate coming in at $0.07. CarGurus posted earnings of $0.12 per share during the same […]
- 03/07/2020
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Comerica Bank Sells 673 Shares of CarGurus Inc (NASDAQ:CARG)
- Comerica Bank lowered its stake in CarGurus Inc (NASDAQ:CARG) by 3.5% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 18,775 shares of the company’s stock after selling 673 shares during the quarter. Comerica Bank’s holdings in CarGurus were worth $672,000 as of […]
- 03/06/2020
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Analysts Expect CarGurus Inc (NASDAQ:CARG) Will Post Quarterly Sales of $159.51 Million
- Equities research analysts forecast that CarGurus Inc (NASDAQ:CARG) will announce sales of $159.51 million for the current quarter, Zacks Investment Research reports. Four analysts have issued estimates for CarGurus’ earnings. The lowest sales estimate is $157.95 million and the highest is $160.90 million. CarGurus posted sales of $135.27 million during the same quarter last year, […]
- 03/06/2020
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Barclays PLC Boosts Stock Position in CarGurus Inc (NASDAQ:CARG)
- Barclays PLC lifted its position in CarGurus Inc (NASDAQ:CARG) by 94.5% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 84,454 shares of the company’s stock after buying an additional 41,023 shares during the quarter. Barclays PLC owned approximately 0.08% of CarGurus worth $2,970,000 at […]
- 03/05/2020
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Charles Schwab Investment Management Inc. Boosts Stake in CarGurus Inc (NASDAQ:CARG)
- Charles Schwab Investment Management Inc. raised its position in CarGurus Inc (NASDAQ:CARG) by 2.4% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 472,528 shares of the company’s stock after buying an additional 10,992 shares during the quarter. Charles Schwab […]
- 03/05/2020
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Tech hiring has slowed. Here are the Boston firms adding jobs the fastest.
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TheStreet Lowers CarGurus (NASDAQ:CARG) to D+
- TheStreet downgraded shares of CarGurus (NASDAQ:CARG) from a c- rating to a d+ rating in a research report released on Monday, TheStreetRatingsTable reports. CARG has been the topic of a number of other reports. SunTrust Banks cut their target price on CarGurus from $55.00 to $41.00 and set a buy rating on the stock in […]
- 03/05/2020
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CarGurus Announces Sixth Annual Top Rated Dealer Awards
- CAMBRIDGE, Mass., March 04, 2020 -- CarGurus (Nasdaq: CARG) today announced its sixth annual list of CarGurus Top Rated Dealers. These awards are presented to car dealerships.
- 03/04/2020
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CarGurus (NASDAQ:CARG) Hits New 52-Week Low at $24.15
- Shares of CarGurus Inc (NASDAQ:CARG) reached a new 52-week low during trading on Monday . The company traded as low as $24.15 and last traded at $24.47, with a volume of 24597 shares traded. The stock had previously closed at $24.47. A number of analysts have recently commented on CARG shares. TheStreet raised shares of […]
- 03/04/2020
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CarGurus to Present at Raymond James 41st Annual Institutional Investors Conference
- CAMBRIDGE, Mass., March 03, 2020 -- CarGurus, Inc. (Nasdaq: CARG), a leading global automotive marketplace, today announced that Tom Caputo, Chief Product Officer, is scheduled.
- 03/03/2020
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How Does CarGurus’s (NASDAQ:CARG) P/E Compare To Its Industry, After The Share Price Drop?
- Unfortunately for some shareholders, the CarGurus (NASDAQ:CARG) share price has dived 30% in the last thirty days...
- 03/03/2020
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47,136 Shares in CarGurus Inc (NASDAQ:CARG) Acquired by Aviva PLC
- Aviva PLC acquired a new position in CarGurus Inc (NASDAQ:CARG) during the fourth quarter, HoldingsChannel.com reports. The fund acquired 47,136 shares of the company’s stock, valued at approximately $1,658,000. Several other institutional investors and hedge funds have also bought and sold shares of CARG. Tower Research Capital LLC TRC boosted its holdings in shares of […]
- 03/02/2020
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Have Insiders Been Selling CarGurus, Inc. (NASDAQ:CARG) Shares This Year?
- It is not uncommon to see companies perform well in the years after insiders buy shares. The flip side of that is that...
- 02/29/2020
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Research Analysts Offer Predictions for CarGurus Inc's Q2 2020 Earnings (NASDAQ:CARG)
- CarGurus Inc (NASDAQ:CARG) – Stock analysts at SunTrust Banks lowered their Q2 2020 earnings per share (EPS) estimates for shares of CarGurus in a research note issued to investors on Monday, February 24th. SunTrust Banks analyst N. Khan now anticipates that the company will earn $0.05 per share for the quarter, down from their prior […]
- 02/29/2020
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Moving Average Crossover Alert: CarGurus
- CarGurus, Inc. (CARG) could be a stock to avoid from a technical perspective, as the firm is seeing unfavorable trends on the moving average crossover front.
- 02/28/2020
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Moving Average Crossover Alert: CarGurus
- CarGurus, Inc. (CARG) could be a stock to avoid from a technical perspective, as the firm is seeing unfavorable trends on the moving average crossover front.
- 02/28/2020
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Bollard Group LLC Sells 56,372 Shares of CarGurus Inc (NASDAQ:CARG)
- Bollard Group LLC decreased its holdings in shares of CarGurus Inc (NASDAQ:CARG) by 6.6% in the 4th quarter, Holdings Channel.com reports. The firm owned 795,589 shares of the company’s stock after selling 56,372 shares during the quarter. CarGurus makes up about 0.9% of Bollard Group LLC’s portfolio, making the stock its 17th largest position. Bollard […]
- 02/27/2020
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CarGurus Inc (NASDAQ:CARG) Shares Sold by Los Angeles Capital Management & Equity Research Inc.
- Los Angeles Capital Management & Equity Research Inc. lessened its position in shares of CarGurus Inc (NASDAQ:CARG) by 1.4% in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 35,525 shares of the company’s stock after selling 510 shares during the quarter. Los Angeles Capital Management […]
- 02/26/2020
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SunTrust Banks Lowers CarGurus (NASDAQ:CARG) Price Target to $41.00
- CarGurus (NASDAQ:CARG) had its target price reduced by stock analysts at SunTrust Banks from $55.00 to $41.00 in a research note issued on Monday, The Fly reports. The firm currently has a “buy” rating on the stock. SunTrust Banks’ target price indicates a potential upside of 53.27% from the stock’s previous close. Several other equities […]
- 02/26/2020
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CarGurus: Avoid This Overvalued Stock
- The evidence points to a clear decline in revenue growth rates. Its long-term operating margin targets are wholly unrealistic. This stock is hugely overvalued.
- 02/26/2020
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