There’s No Need To Panic Or Freeze When It Comes To CarGurus Inc (NASDAQ: CARG)

After Hours

The risks associated with pre-market and after-hours trading may be slightly higher than the regular market hours. The reason is that extended-hours trading may result in wider spreads for particular security due to lower liquidity and higher volatility as issuers often announce critical financial information outside regular trading hours. The stock was recently discussed on Yahoo Finance as it revealed that CarGurus Announces Fourth Quarter and Full-Year 2023 Results.

3 Tiny Stocks Primed to Explode The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.

We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.

Click here for full details and to join for free
Sponsored

Stocks Info

The company is listed on the NASDAQ and operates within the Auto & Truck Dealerships industry segment. At the end of the last regular session, the stock closed at $22.72 and fluctuated between $23.14 as its day high and $22.68 as its day low. The current market capitalization of CarGurus Inc is $2.44B. A total of 1.09 million shares were traded on the day, compared to an average of 1.00M shares.

In the most recent transaction, Zamora Javier Esquivel sold 23,557 shares of CARG for 22.13 per share on Feb 29 ’24. After the transaction, the General Counsel and Secretary now owns 111,589 company shares. In a previous transaction on Feb 29 ’24, Eldridge Andrea Lee sold 22,358 shares at 22.13 per share. CARG shares that Chief People Officer owns now total 117,432.

Among the insiders who sold shares, Zales Samuel disposed of 17,668 shares on Feb 29 ’24 at a per-share price of $22.22. This resulted in the COO and President holding 564,609 shares of CARG after the transaction.

It has been observed that price targets are rarely accurate, but they can exert some influence from time to time, and are often accepted as valuable in the market. In terms of 52-week highs and lows, CARG has a high of $24.64 and a low of $15.34.

As of this writing, CARG has an earnings estimate of $0.28 per share for the current quarter. EPS was calculated based on a consensus of 12 estimates, with a high estimate of $0.35 per share and a lower estimate of $0.24. The company reported an EPS of $0.34 in the last quarter, which was 30.80% higher than expectations of $0.26.

Balance Sheet Annually/Quarterly

An equity investor’s investment can be viewed on a balance sheet by looking at what assets and liabilities the company has. Investors can determine the company’s prospects by calculating its financial ratios based on this information. CARG’s latest balance sheet shows that the firm has $321.94M in Cash & Short Term Investments as of fiscal 2021. There were $70.70M in debt and $170.71M in liabilities at the time. Its Book Value Per Share was $5.70, while its Total Shareholder’s Equity was $679.65M.

Analysts Opinion

There may be slightly higher risks associated with pre-market and after-hours trading than during regular market hours. Due to the fact that issuers often announce critical financial information outside of regular trading hours, extended-hours trading may result in wider spreads for particular securities. Currently, 0 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for CARG is Buy with a score of 4.00.

Most Popular

Related Posts