(CARG) CarGurus - Overview

Sector: Consumer Cyclical | Industry: Auto & Truck Dealerships | Exchange: NASDAQ (USA) | Market Cap: 3.364m USD | Total Return: 28.5% in 12m

Online Marketplace, Dealer Software, Advertising, Data Analytics
Total Rating 62
Safety 94
Buy Signal 0.09
Auto & Truck Dealerships
Industry Rotation: +13.3
Market Cap: 3.36B
Avg Turnover: 39.0M USD
ATR: 4.13%
Peers RS (IBD): 79.0
Risk 5d forecast
Volatility36.8%
Rel. Tail Risk-7.63%
Reward TTM
Sharpe Ratio0.62
Alpha-23.92
Character TTM
Beta1.616
Beta Downside1.477
Drawdowns 3y
Max DD37.88%
CAGR/Max DD0.69
EPS (Earnings per Share) EPS (Earnings per Share) of CARG over the last years for every Quarter: "2021-03": 0.33, "2021-06": 0.41, "2021-09": 0.38, "2021-12": 0.43, "2022-03": 0.36, "2022-06": 0.32, "2022-09": 0.21, "2022-12": 0.22, "2023-03": 0.26, "2023-06": 0.29, "2023-09": 0.34, "2023-12": 0.35, "2024-03": 0.32, "2024-06": 0.41, "2024-09": 0.45, "2024-12": 0.55, "2025-03": 0.46, "2025-06": 0.57, "2025-09": 0.57, "2025-12": 0.63, "2026-03": 0,
EPS CAGR: -46.27%
EPS Trend: 40.2%
Last SUE: -4.00
Qual. Beats: 0
Revenue Revenue of CARG over the last years for every Quarter: 2021-03: 171.368, 2021-06: 217.748, 2021-09: 222.915, 2021-12: 339.342, 2022-03: 430.608, 2022-06: 511.229, 2022-09: 426.454, 2022-12: 286.744, 2023-03: 231.963, 2023-06: 239.737, 2023-09: 219.419, 2023-12: 223.123, 2024-03: 215.796, 2024-06: 218.692, 2024-09: 231.358, 2024-12: 228.538, 2025-03: 225.158, 2025-06: 234.033, 2025-09: 238.696, 2025-12: 241.094, 2026-03: null,
Rev. CAGR: -14.33%
Rev. Trend: -69.3%
Last SUE: 0.59
Qual. Beats: 0

Warnings

No concerns identified

Tailwinds

No distinct edge detected

Description: CARG CarGurus

CarGurus, Inc. operates an online platform facilitating vehicle transactions in the US and internationally. The company generates revenue through dealer subscriptions, advertising, and partnerships with financing services.

The core business model is a two-sided marketplace connecting car shoppers with dealerships. This model is common in the online classifieds sector, where platforms aggregate supply and demand.

CarGurus offers various tools to enhance the buying and selling process. These include Digital Deal for online purchase initiation, Dealership Mode for in-lot support, and Sell My Car Top Dealer Offers for trade-ins. The company also provides dealers with tools like IMV Scan for VIN data access and PriceVantage, an AI-powered pricing software. These features address pain points in the automotive retail industry, which often involves complex transactions.

The company also offers advertising solutions for auto manufacturers and owns other automotive platforms, including Autolist and PistonHeads. For a deeper dive into CarGurus competitive landscape and financial performance, further research on ValueRay could be beneficial.

Headlines to Watch Out For
  • Dealer subscription growth fuels marketplace revenue
  • Advertising spend by auto manufacturers impacts top line
  • Online transaction fees from Digital Deal expand margins
  • Interest rate hikes reduce consumer car demand
Piotroski VR‑10 (Strict) 10.0
Net Income: 155.9m TTM > 0 and > 6% of Revenue
FCF/TA: 0.41 > 0.02 and ΔFCF/TA 19.56 > 1.0
NWC/Revenue: 19.43% < 20% (prev 33.34%; Δ -13.91% < -1%)
CFO/TA 0.45 > 3% & CFO 295.3m > Net Income 155.9m
Net Debt (315k) to EBITDA (259.4m): 0.00 < 3
Current Ratio: 2.81 > 1.5 & < 3
Outstanding Shares: last quarter (96.8m) vs 12m ago -8.82% < -2%
Gross Margin: 88.98% > 18% (prev 0.82%; Δ 8.82k% > 0.5%)
Asset Turnover: 126.3% > 50% (prev 108.5%; Δ 17.87% > 0%)
Interest Coverage Ratio: 9.35 > 6 (EBITDA TTM 259.4m / Interest Expense TTM 24.3m)
Altman Z'' 6.97
A: 0.28 (Total Current Assets 282.9m - Total Current Liabilities 100.5m) / Total Assets 661.9m
B: 0.55 (Retained Earnings 362.4m / Total Assets 661.9m)
C: 0.31 (EBIT TTM 227.1m / Avg Total Assets 743.2m)
D: 1.26 (Book Value of Equity 363.9m / Total Liabilities 287.7m)
Altman-Z'' Score: 6.97 = AAA
Beneish M -3.42
DSRI: 0.90 (Receivables 41.9m/44.2m, Revenue 939.0m/894.4m)
GMI: 0.92 (GM 88.98% / 82.31%)
AQI: 0.89 (AQ_t 0.20 / AQ_t-1 0.22)
SGI: 1.05 (Revenue 939.0m / 894.4m)
TATA: -0.21 (NI 155.9m - CFO 295.3m) / TA 661.9m)
Beneish M-Score: -3.42 (Cap -4..+1) = AA
What is the price of CARG shares? As of April 12, 2026, the stock is trading at USD 34.15 with a total of 695,130 shares traded.
Over the past week, the price has changed by -1.73%, over one month by +5.47%, over three months by -11.78% and over the past year by +28.53%.
Is CARG a buy, sell or hold? CarGurus has received a consensus analysts rating of 4.15. Therefore, it is recommended to buy CARG.
  • StrongBuy: 6
  • Buy: 3
  • Hold: 4
  • Sell: 0
  • StrongSell: 0
What are the forecasts/targets for the CARG price?
Analysts Target Price 35.8 4.8%
CarGurus (CARG) - Fundamental Data Overview as of 08 April 2026
P/E Trailing = 17.9796
P/E Forward = 13.0208
P/S = 3.7088
P/B = 8.476
P/EG = 1.0012
Revenue TTM = 939.0m USD
EBIT TTM = 227.1m USD
EBITDA TTM = 259.4m USD
Long Term Debt = 190.8m USD (from capitalLeaseObligations, last quarter)
Short Term Debt = 9.47m USD (from shortTermDebt, last quarter)
Debt = 190.8m USD (from shortLongTermDebtTotal, last quarter)
Net Debt = 315k USD (from netDebt column, last quarter)
Enterprise Value = 3.36b USD (3.36b + Debt 190.8m - CCE 190.5m)
Interest Coverage Ratio = 9.35 (Ebit TTM 227.1m / Interest Expense TTM 24.3m)
EV/FCF = 12.39x (Enterprise Value 3.36b / FCF TTM 271.4m)
FCF Yield = 8.07% (FCF TTM 271.4m / Enterprise Value 3.36b)
FCF Margin = 28.91% (FCF TTM 271.4m / Revenue TTM 939.0m)
Net Margin = 16.60% (Net Income TTM 155.9m / Revenue TTM 939.0m)
Gross Margin = 88.98% ((Revenue TTM 939.0m - Cost of Revenue TTM 103.4m) / Revenue TTM)
Gross Margin QoQ = 90.39% (prev 89.46%)
Tobins Q-Ratio = 5.08 (Enterprise Value 3.36b / Total Assets 661.9m)
Interest Expense / Debt = 12.72% (Interest Expense 24.3m / Debt 190.8m)
Taxrate = 23.53% (16.5m / 70.3m)
NOPAT = 173.6m (EBIT 227.1m * (1 - 23.53%))
Current Ratio = 2.81 (Total Current Assets 282.9m / Total Current Liabilities 100.5m)
Debt / Equity = 0.51 (Debt 190.8m / totalStockholderEquity, last quarter 374.2m)
Debt / EBITDA = 0.00 (Net Debt 315k / EBITDA 259.4m)
Debt / FCF = 0.00 (Net Debt 315k / FCF TTM 271.4m)
Total Stockholder Equity = 396.8m (last 4 quarters mean from totalStockholderEquity)
RoA = 20.98% (Net Income 155.9m / Total Assets 661.9m)
RoE = 39.29% (Net Income TTM 155.9m / Total Stockholder Equity 396.8m)
RoCE = 38.64% (EBIT 227.1m / Capital Employed (Equity 396.8m + L.T.Debt 190.8m))
RoIC = 43.76% (NOPAT 173.6m / Invested Capital 396.8m)
WACC = 11.57% (E(3.36b)/V(3.55b) * Re(11.67%) + D(190.8m)/V(3.55b) * Rd(12.72%) * (1-Tc(0.24)))
Discount Rate = 11.67% (= CAPM, Blume Beta Adj.)
Shares Correlation 3-Years: -100.0 | Cagr: -6.63%
[DCF] Terminal Value 70.85% ; FCFF base≈233.6m ; Y1≈288.2m ; Y5≈491.7m
[DCF] Fair Price = 59.63 (EV 4.83b - Net Debt 315k = Equity 4.83b / Shares 81.0m; r=11.57% [WACC]; 5y FCF grow 25.0% → 3.0% )
EPS Correlation: 40.24 | EPS CAGR: -46.27% | SUE: -4.0 | # QB: 0
Revenue Correlation: -69.33 | Revenue CAGR: -14.33% | SUE: 0.59 | # QB: 0
EPS next Quarter (2026-06-30): EPS=0.60 | Chg7d=+0.000 | Chg30d=-0.018 | Revisions Net=-6 | Analysts=13
EPS current Year (2026-12-31): EPS=2.52 | Chg7d=+0.000 | Chg30d=+0.007 | Revisions Net=+0 | Growth EPS=+13.6% | Growth Revenue=+8.0%
EPS next Year (2027-12-31): EPS=2.92 | Chg7d=+0.000 | Chg30d=-0.071 | Revisions Net=+4 | Growth EPS=+15.6% | Growth Revenue=+8.9%
[Analyst] Revisions Ratio: -0.60 (2 Up / 8 Down within 30d for Next Quarter)
[Growth] Implied Growth Rate = 6.1% (Discount Rate 11.7% - Earnings Yield 5.6%)
[Growth] Growth Spread = +0.4% (Analyst 6.5% - Implied 6.1%)
External Resources
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