CarGurus Inc - Ordinary Shares - Class A Stock News

A sizable debt burden and a lack of profits introduce financial risk for this business. This company will struggle to post consistent growth in a higher rate environment.

CAMBRIDGE, Mass., April 18, 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

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 g

Through the past several months, buying a car — used or new — has been, to put it mildly, out of reach. Inflation has run rampant.

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

CarGurus, Inc. (NASDAQ:CARG) Q4 2023 Earnings Conference Call February 26, 2024 5:00 PM ET

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 esti

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-quart

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 quarte

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 i

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 aroun

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 t

EG, TM and CARG made it to the Zacks Rank #1 (Strong Buy) value stocks list on January 9, 2024.

Here is how CarGurus (CARG) and Modine (MOD) have performed compared to their sector so far this year.

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.