After Hours
There is a slight risk associated with trading before and after the market open. Due to lower liquidity and higher volatility, extended-hours trading may result in wider spreads on particular security due to the release of critical financial information after regular trading hours. Yahoo Finance discussed the stock recently as it posted CarGurus Announces Fourth Quarter and Full-Year 2023 Results.
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Stocks Info
This NASDAQ-listed company operates within the Auto & Truck Dealerships industry segment, falling under the Consumer Cyclical sector. The current market capitalization of CarGurus Inc is $2.52B. A total of 1.41 million shares were traded on the day, compared to an average of 1.05M 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.
Even though price targets are rarely accurate, they do tend to exert some kind of influence from time to time and are often considered important by markets. 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
In a balance sheet, you can see what assets and liabilities the company has, as well as how much equity investors have invested. These figures can be used to calculate a company’s financial ratios to give investors a better idea of its prospects. 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
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. 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.
