IN0V8 Posted - 4 days ago

$CARG Jefferies raises target price to $32 from $30

Stock_Titan Posted - 1 week ago

$CARG CarGurus To Report Second Quarter 2024 Financial Results https://www.stocktitan.net/news/CARG/car-gurus-to-report-second-quarter-2024-financial-4ewvbp6d5hyp.html

DonCorleone77 Posted - 2 weeks ago

$CARG $CPRT $AN $KMX $SAH Wholesale used-vehicle prices were down 8.9% in June y/y, Manheim reports Wholesale used-vehicle prices, on a mix, mileage, and seasonally adjusted basis, were down in June compared to May. The Manheim Used Vehicle Value Index or MUVVI, fell to 196.1, a decline of 8.9% from a year ago. The seasonal adjustment to the index mitigated the impact on the month, resulting in values that declined 0.6% month over month for the second time in a row. The non-adjusted price in June decreased by 2.2% compared to May, moving the unadjusted average price down 10.0% year over year. "Wholesale value declines have been stronger than we normally see for much of the last two months," said Jeremy Robb, senior director of Economic and Industry Insights at Cox Automotive. "However, even though much of the industry was feeling the retail sales disruptions caused by the CDK outages in the latter part of the month, Manheim started to see wholesale price declines decelerate, ending the month at a seasonally normal pace. Sales conversion is currently running several points above the previous three years, including 2021, indicating that buyer demand is relatively strong despite all the uncertainty in the market." In June, Manheim Market Report or MMR, values saw weekly decreases above long-term average declines, with the first half of the month showing stronger depreciation while the last week slowed noticeably. Over the last four weeks, the Three-Year-Old Index decreased an aggregate of 1.5%, including a decline of only 0.2% in the last week of the month. Those same four weeks delivered an average decrease of 0.5% between 2014 and 2019, showing that depreciation trends are currently running higher than long-term averages for the year. Publicly traded companies in the used vehicle space include: CarGurus (CARG), Copart (CPRT), AutoNation (AN), CarMax (KMX), Sonic Automotive (SAH), Penske Automotive (PAG), Asbury Automotive (ABG) and Group 1 Automotive (GPI).

IN0V8 Posted - 3 weeks ago

$CARG 7/3 Citigroup raises target price to $27 from $24

Thestocktraderhubzee Posted - 3 weeks ago

WATCHLIST JUL 05 2024 $VMC Loop Capital Maintains Buy on Vulcan Materials, Lowers Price Target to $285 $OII Citigroup Maintains Buy on Oceaneering International, Raises Price Target to $28 $CARG Citigroup Maintains Neutral on CarGurus, Raises Price Target to $27 $EXP Loop Capital Maintains Buy on Eagle Materials, Lowers Price Target to $265 $SLP Craig-Hallum Reiterates Buy on Simulations Plus, Maintains $56 Price Target

erevnon Posted - 3 weeks ago

Citigroup maintains CarGurus $CARG at Neutral and raises the price target from $24 to https://marketsblock.com/stock-upgrades-and-downgrades/

DonCorleone77 Posted - 3 weeks ago

$CARG CarGurus price target raised to $27 from $24 at Citi Citi raised the firm's price target on CarGurus to $27 from $24 and keeps a Neutral rating on the shares. Against the backdrop of normalizing new car supply, CarGurus is accelerating marketplace revenue growth, the analyst tells investors in a research note. However, the firm says macro headwinds remain with digital wholesale revenue in Q1 and are expected to decline sequentially again in Q2, even as execution is improving. Nonetheless, Citi is encouraged with CarGurus' improving margins overall.

Stocksrunner Posted - 1 month ago

$CARG CarGurus rallies, showing strong rebound potential as market conditions improve.

Stock_Titan Posted - 1 month ago

$CARG Stabilizing Prices and Growing Inventory Create Bright Spots for Cost-Conscious Shoppers https://www.stocktitan.net/news/CARG/stabilizing-prices-and-growing-inventory-create-bright-spots-for-rt77irxm0cl8.html

Uniqueceo Posted - 1 month ago

$CARG $QQQ Can some people join in on my profits over here please… I’m bored 🥱

FrnkTss Posted - 1 month ago

$CARG lets goooooooooooooo https://youtu.be/aLUwmRIh19s

erevnon Posted - 1 month ago

JMP Securities upgrades CarGurus $CARG from Market Perform to Market Outperform and a price target of https://marketsblock.com/stock-upgrades-and-downgrades/

Doozio Posted - 1 month ago

$CARG chop chop huckleberries n FRYdays in 🧠⏰

theflynews Posted - 1 month ago

JMP upgrades CarGurus to Outperform on industry normalization - $CARG - https://thefly.com/permalinks/entry.php/CARGid3930473

Doozio Posted - 1 month ago

Let’s go Thursday 🐑 TTWO load da $carg in 🧠⏰

Doozio Posted - 1 month ago

$CARG oh 👀 XBI n IWM gonna land on da 🧠 flop in this GME during 🧠⏰♾️?

victorcastro Posted - 2 months ago

$CARG $CEIX $FIX $DOCU $XBI

howardlindzon Posted - 2 months ago

$CARG Interesting

Stocktwits Posted - 2 months ago

Top Chart of the day comes from @alphatrends on $CARG While a lot of the market has been focused on Carvana, Root Insurance, and others in the car retailer space, CarGurus has been flying under the radar. Brian highlights below that although the fundamental picture looks compelling, the technical view is the real selling point. The tight consolidation since its last earnings report is happening near a key level 👀 Check out the full edition of Chart Art for more charts and ideas like this one! https://chartart.stocktwits.com/p/stocktwits-chart-art-may-22-2024

alphatrends Posted - 2 months ago

It isn't really a fundamental play but estimates are for steady growth this yr and next in $CARG The daily chart has a 30 min detailed inset of the trading since last EPS, I drew the VWAP in since the gap on this @marketsurge Not long yet but getting close

cfromhertz Posted - 2 months ago

$CARG nice earnings gap in this one and now trying to continue trend +

Stocksrunner Posted - 2 months ago

Today's Analyst Upgrades 🚀 $CARG Relative Strength Rating hits 80! CarGurus shows improving technical performance. $DAL HSBC predicts a strong recovery and consolidation. Despite near-term cost pressures, profitability is expected to improve. $MYO Myomo specializes in medical robotics, focusing on improving arm and hand function. A company to watch in the wearable technology space. https://stocksrunner.com/upgrades Stay tuned for more market updates.

erevnon Posted - 2 months ago

DA Davidson maintains CarGurus $CARG at Neutral and raises the price target from $22 to https://marketsblock.com/stock-upgrades-and-downgrades/

erevnon Posted - 2 months ago

RBC Capital maintains CarGurus $CARG at Outperform and raises the price target from $26 to https://marketsblock.com/stock-upgrades-and-downgrades/

erevnon Posted - 2 months ago

Needham maintains CarGurus $CARG at Buy and raises the price target from $24 to https://marketsblock.com/stock-upgrades-and-downgrades/

DonCorleone77 Posted - 2 months ago

$CARG CarGurus sees Q2 EPS 29c-34c, consensus 30c Sees Q2 revenue $202M-$222M, consensus $224.5M. Sees Q2 adjusted EBITDA $47M-$55M.

DonCorleone77 Posted - 2 months ago

$CARG CarGurus reports Q1 EPS 32c, consensus 28c Reports Q1 revenue $215.8M, consensus $216.81M. "We are pleased with our first quarter results, as we achieved sustained marketplace revenue acceleration, driven by double-digit QARSD growth and an increase in the number of paying dealers," said Jason Trevisan, Chief Executive Officer at CarGurus. "In our Digital Wholesale business, we continued to focus on rebuilding our operations while optimizing our go-to-market strategy and product-market fit. Across our business, we continued to deepen our connections with consumers and strengthen our partnership with dealers, becoming increasingly embedded in their daily workflow and making our services more valuable."

epsguid Posted - 2 months ago

$CARG reported earnings of $0.32, consensus was $0.28, Earnings Whisper was $0.30 via @eWhispers #whisperbeat http://eps.sh/d/carg

Stock_Titan Posted - 2 months ago

$CARG CarGurus Announces First Quarter 2024 Results https://www.stocktitan.net/news/CARG/car-gurus-announces-first-quarter-2024-uc54yqyrqmbi.html

aghoghari Posted - 2 months ago

$CARG carvana shot up 33 percent after earnings , this one should follow , any ideas?