Goldman Sachs Group Inc began coverage on shares of CarGurus, Inc. (NASDAQ:CARG) in a research report report published on Monday, November 6th, MarketBeat Ratings reports. The brokerage issued a neutral rating and a $25.00 price target on the stock.
CarGurus (NASDAQ CARG) traded up $0.06 during trading on Monday, reaching $28.66. The company’s stock had a trading volume of 199,374 shares, compared to its average volume of 562,855. CarGurus has a 12 month low of $25.85 and a 12 month high of $35.42.
CarGurus (NASDAQ:CARG) last released its quarterly earnings results on Tuesday, November 14th. The company reported $0.02 EPS for the quarter. The company had revenue of $83.00 million for the quarter, compared to analyst estimates of $79.23 million. CarGurus’s revenue was up 56.3% on a year-over-year basis. equities research analysts expect that CarGurus will post 0.11 EPS for the current year.
CarGurus, Inc is an online automotive marketplace connecting buyers and sellers of new and used cars. Using proprietary technology, search algorithms, and data analytics. The Company’s marketplace empowers users with unbiased third-party validation on pricing and dealer reputation as well as other information that aids them in finding Great Deals from Great Dealers.
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