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CarGurus Inc
Buy, Hold or Sell?

Let's analyse Cargurus together

PenkeI guess you are interested in CarGurus Inc. Buy, hold or sell? I don't know! However, I do recommend doing research before doing anything. I will help you with that.

I'm going to help you getting a better view of CarGurus Inc. At the end you don't have to ask anyone for trading advice. You can make your own decision, with more confidence, the odds in your favor, backed by data.

You can find me behind Let's Analyse Together in the top-right of each section.

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Quick analysis of Cargurus (30 sec.)










What can you expect buying and holding a share of Cargurus? (30 sec.)

How much money do you get?

How much money do you get?
€0.00
When do you have the money?
1 year
How often do you get paid?
0.0%

What is your share worth?

Current worth
€5.36
Expected worth in 1 year
€4.55
How sure are you?
83.3%

+ What do you gain per year?

Total Gains per Share
€-0.80
Return On Investment
-3.8%

For what price can you sell your share?

Current Price per Share
€21.20
Expected price per share
€20.20 - €22.00
How sure are you?
50%

1. Valuation of Cargurus (5 min.)




Live pricePrice per Share (EOD)

€21.20

Intrinsic Value Per Share

€-16.89 - €-20.82

Total Value Per Share

€-11.53 - €-15.47

2. Growth of Cargurus (5 min.)




Is Cargurus growing?

Current yearPrevious yearGrowGrow %
How rich?$616.8m$738.1m-$33.3m-4.7%

How much money is Cargurus making?

Current yearPrevious yearGrowGrow %
Making money$9.2m$35.3m-$26m-282.6%
Net Profit Margin4.0%9.1%--

How much money comes from the company's main activities?

3. Financial Health of Cargurus (5 min.)




4. Comparing to competitors in the Auto & Truck Dealerships industry (5 min.)




  Industry Rankings (Auto & Truck Dealerships)  

What can you expect buying and holding a share of Cargurus? (5 min.)

Welcome investor! Cargurus's management wants to use your money to grow the business. In return you get a share of Cargurus.

What can you expect buying and holding a share of Cargurus?

First you should know what it really means to hold a share of Cargurus. And how you can make/lose money.

Speculation

The Price per Share of Cargurus is €21.20. The market price reflects what other people think it is worth; not what it's really worth. Your job is to find out if the market price is fair, overpriced, or underpriced. I will help you with that.

If you buy blind, there is a 50% chance of making or losing money by selling the stock in the future. However, we can look at a few things to determine the odds in our favor:

  • The fundamentals: the financial health trends of Cargurus.
  • The technials: based on market psychology, we can make a calculated estimate of what the price will do in the future. We can do this through technical analysis. We can calculate the probabilities and the expected value (millionaire math). That's called speculation.
  • The book value: what is the market price compared to it's book value.

Investing

If you really want to invest in Cargurus, you will have to let go of the thought of selling in the future. If you have to sell the share for less than you bought it, it can still be a good investment. Focus on what it means to hold the stock forever:

  • You own a part of the company. The equity of this part can grow or shrink. The current Book Value per Share is €5.36. Based on the TTM, the Book Value Change Per Share is €-0.20 per quarter. Based on the YOY, the Book Value Change Per Share is €0.18 per quarter.
  • You may receive quarterly/yearly dividend in the form of additional shares.
  • You may receive quarterly/yearly dividend in the form of cash. Based on the TTM the Dividend per Share is €0.00 per quarter.
Based on historical numbers we can estimate the returns while holding a share of Cargurus.

How much money are you going to get?

 MRQTTMYOY5Y10Y
 % of Price per Share% of Price per Share% of Price per Share% of Price per Share% of Price per Share
Usd Eps-0.17-0.8%0.080.4%0.411.9%0.160.8%0.160.8%
Usd Book Value Change Per Share-0.88-4.2%-0.21-1.0%0.200.9%0.321.5%0.321.5%
Usd Dividend Per Share0.000.0%0.000.0%0.000.0%0.000.0%0.000.0%
Usd Total Gains Per Share-0.88-4.2%-0.21-1.0%0.200.9%0.321.5%0.321.5%
Usd Price Per Share23.42-20.22-23.14-23.89-23.89-
Price to Earnings Ratio-35.38-13.98-15.04-27.91-27.91-
Price-to-Total Gains Ratio-26.47-79.00-121.94-73.40-73.40-
Price to Book Ratio4.11-3.25-3.77-5.91-5.91-
Price-to-Total Gains Ratio-26.47-79.00-121.94-73.40-73.40-

When do you get the money?

Usd Investment
$.00
Usd Price Per Share22.56952
Number of shares44
Gains per QuarterTrailing 12 Months5 Year
Usd Dividend Per Share0.000.00
Usd Book Value Change Per Share-0.210.32
Usd Total Gains Per Share-0.210.32
Gains per Quarter (44 shares)-9.4013.94
Gains per Year (44 shares)-37.6155.76
YearsReturn on Investment (TTM)Return on Investment (5Y)
 DividendBook Value gainTotal gainsDividendBook Value gainTotal gains
Broker costs---10---10
10-38-4805646
20-75-860112102
30-113-1240167158
40-150-1620223214
50-188-2000279270
60-226-2380335326
70-263-2760390382
80-301-3140446438
90-338-3520502494
100-376-3900558550

How sure are you?

Based on the past periods, how sure are you to get value out of your investment.

Linear %
 Trailing 12 Months3Y5 Year10 YearALLTIME
  % % % % %
Earnings Per Share3.01.00.075.0%9.03.00.075.0%15.03.00.083.3%15.03.00.083.3%15.03.00.083.3%
Book Value Change Per Share2.02.00.050.0%10.02.00.083.3%15.03.00.083.3%15.03.00.083.3%15.03.00.083.3%
Dividend per Share0.00.04.00.0%0.00.012.00.0%0.00.018.00.0%0.00.018.00.0%0.00.018.00.0%
Total Gains per Share2.02.00.050.0%10.02.00.083.3%15.03.00.083.3%15.03.00.083.3%15.03.00.083.3%

Fundamentals of Cargurus

About CarGurus Inc

CarGurus, Inc. operates an online automotive platform for buying and selling vehicles in the United States and internationally. It operates through two segments, U.S. Marketplace and Digital Wholesale. The company provides an online automotive marketplace where customers can search for new and used car listings from its dealers and sell their car to dealers and other consumers; and paid listings subscriptions for enhanced access to its marketplace that connects dealers to a large audience of informed and engaged consumers. It also offers dealer and non-dealer advertising products for its websites and social media platforms. The company operates online marketplaces under the CarGurus brand in the United States, Canada, and the United Kingdom; Autolist and CarOffer brands in the United States; and PistonHeads brand in the United Kingdom. The company was formerly known as CarGurus LLC and changed its name to CarGurus, Inc. in June 2015. CarGurus, Inc. was founded in 2005 and is headquartered in Cambridge, Massachusetts.

Fundamental data was last updated by Penke on 2024-04-05 06:05:04.

Financial Health

Profitability Details
 Compared to previous yearCompared to industry
The company is making a profit.
Using its assets, the company is inefficient in making profit.
Using its investors money, the company is inefficient in making profit.
Operating Efficiency Details
 Compared to previous yearCompared to industry
The company is operating less efficient.
The company is inefficient in keeping operating costs low.
Liquidity Details
 Compared to previous yearCompared to industry
The company is very able to pay all its short-term debts.
The company is just not able to pay all its short-term debts with the most liquid assets.
Solvency Details
 Compared to previous yearCompared to industry
The company is very able to pay all its debts by selling its assets.
The company is very able to pay all its debts with equity.

Valuation

Valuation Details
 Compared to previous yearCompared to industry
Based on the equity, the company is fair priced.
Based on the earnings, the company is underpriced.
Based on how much money comes from the company's main activities, the company is cheap.

1.1. Profitability of CarGurus Inc.

1.1. Profitability
1.1.1. Net Profit Margin

Measures how much net profit Cargurus earns for each €1 of revenue.

  • Above 10% is considered healthy but always compare Cargurus to the Auto & Truck Dealerships industry mean.
  • A Net Profit Margin of -8.0% means that €-0.08 for each €1 in revenue is generated as profit.

Let's take a look of the Net Profit Margin trends of CarGurus Inc:

  • The MRQ is -8.0%. The company is making a loss. -1
  • The TTM is 4.0%. The company is making a profit. +1
Trends
Current periodCompared to+/- 
MRQ-8.0%TTM4.0%-12.0%
TTM4.0%YOY9.1%-5.1%
TTM4.0%5Y9.3%-5.3%
5Y9.3%10Y9.3%0.0%
Compared to industry (Auto & Truck Dealerships)
PeriodCompanyIndustry (mean)+/- 
MRQ-8.0%1.8%-9.8%
TTM4.0%2.0%+2.0%
YOY9.1%3.2%+5.9%
5Y9.3%2.4%+6.9%
10Y9.3%2.8%+6.5%
1.1.2. Return on Assets

Shows how efficient Cargurus is using its assets to generate profit.

  • Above 5% is considered healthy but always compare Cargurus to the Auto & Truck Dealerships industry mean.
  • -1.9% Return on Assets means that Cargurus generated €-0.02 profit for each $1 in assets.

Let's take a look of the Return on Assets trends of CarGurus Inc:

  • The MRQ is -1.9%. Using its assets, the company is very inefficient in making profit. -2
  • The TTM is 0.8%. Using its assets, the company is inefficient in making profit. -1
Trends
Current periodCompared to+/- 
MRQ-1.9%TTM0.8%-2.8%
TTM0.8%YOY3.7%-2.8%
TTM0.8%5Y3.0%-2.2%
5Y3.0%10Y3.0%0.0%
Compared to industry (Auto & Truck Dealerships)
PeriodCompanyIndustry (mean)+/- 
MRQ-1.9%1.2%-3.1%
TTM0.8%1.5%-0.7%
YOY3.7%2.4%+1.3%
5Y3.0%1.7%+1.3%
10Y3.0%1.9%+1.1%
1.1.3. Return on Equity

Shows how efficient Cargurus is using its investors money to generate profit.

  • Above 15%-20% is considered healthy but always compare Cargurus to the Auto & Truck Dealerships industry mean.
  • -2.9% Return on Equity means Cargurus generated €-0.03 for each €1 the owners (shareholders) invested.

Let's take a look of the Return on Equity trends of CarGurus Inc:

  • The MRQ is -2.9%. Using its investors money, the company is very inefficient in making profit. -2
  • The TTM is 1.2%. Using its investors money, the company is inefficient in making profit. -1
Trends
Current periodCompared to+/- 
MRQ-2.9%TTM1.2%-4.1%
TTM1.2%YOY6.0%-4.8%
TTM1.2%5Y4.5%-3.3%
5Y4.5%10Y4.5%0.0%
Compared to industry (Auto & Truck Dealerships)
PeriodCompanyIndustry (mean)+/- 
MRQ-2.9%3.4%-6.3%
TTM1.2%4.6%-3.4%
YOY6.0%6.0%0.0%
5Y4.5%4.4%+0.1%
10Y4.5%4.8%-0.3%

1.2. Operating Efficiency of CarGurus Inc.

1.2. Operating Efficiency
1.2.1. Operating Margin

Measures how efficient Cargurus is operating .

  • Measures how much profit Cargurus makes for each €1 of sales after paying variable costs (production costs, wages, etc) but before taxes.
  • Above 15% is considered healthy but always compare Cargurus to the Auto & Truck Dealerships industry mean.
  • An Operating Margin of 0.0% means the company generated €0.00  for each €1 in revenue (before taxes).

Let's take a look of the Operating Margin trends of CarGurus Inc:

  • The MRQ is 0.0%. The data is not here.
Trends
Current periodCompared to+/- 
MRQ-TTM4.5%-4.5%
TTM4.5%YOY7.0%-2.5%
TTM4.5%5Y11.3%-6.8%
5Y11.3%10Y11.3%0.0%
Compared to industry (Auto & Truck Dealerships)
PeriodCompanyIndustry (mean)+/- 
MRQ-3.7%-3.7%
TTM4.5%3.8%+0.7%
YOY7.0%5.3%+1.7%
5Y11.3%3.9%+7.4%
10Y11.3%3.9%+7.4%
1.2.2. Operating Ratio

Measures how efficient Cargurus is keeping operating costs low.

  • Below 1 is considered healthy (always compare to Auto & Truck Dealerships industry mean).
  • An Operation Ratio of 1.35 means that the operating costs are €1.35 for each €1 in net sales.

Let's take a look of the Operating Ratio trends of CarGurus Inc:

  • The MRQ is 1.347. The company is inefficient in keeping operating costs low. -1
  • The TTM is 1.251. The company is inefficient in keeping operating costs low. -1
Trends
Current periodCompared to+/- 
MRQ1.347TTM1.251+0.095
TTM1.251YOY1.525-0.274
TTM1.2515Y1.177+0.074
5Y1.17710Y1.1770.000
Compared to industry (Auto & Truck Dealerships)
PeriodCompanyIndustry (mean)+/- 
MRQ1.3471.239+0.108
TTM1.2511.180+0.071
YOY1.5251.030+0.495
5Y1.1771.111+0.066
10Y1.1771.159+0.018

1.3. Liquidity of CarGurus Inc.

1.3. Liquidity
1.3.1. Current Ratio

Measures if Cargurus is able to pay off Short-term Debt.

  • Above 1.5 is considered healthy (always compare to Auto & Truck Dealerships industry mean).
  • A Current Ratio of 3.40 means the company has €3.40 in assets for each €1 in short-term debts.

Let's take a look of the Current Ratio trends of CarGurus Inc:

  • The MRQ is 3.396. The company is very able to pay all its short-term debts. +2
  • The TTM is 4.384. The company is very able to pay all its short-term debts. +2
Trends
Current periodCompared to+/- 
MRQ3.396TTM4.384-0.988
TTM4.384YOY4.281+0.103
TTM4.3845Y4.128+0.257
5Y4.12810Y4.1280.000
Compared to industry (Auto & Truck Dealerships)
PeriodCompanyIndustry (mean)+/- 
MRQ3.3961.351+2.045
TTM4.3841.384+3.000
YOY4.2811.458+2.823
5Y4.1281.384+2.744
10Y4.1281.337+2.791
1.3.2. Quick Ratio

Measures if Cargurus is able to pay off Short-term Debt but only using the most liquid assets.

  • Above 1 is considered healthy but always compare Cargurus to the Auto & Truck Dealerships industry mean.
  • A Quick Ratio of 0.53 means the company can pay off €0.53 for each €1 in debt (using most liquid assets).

Let's take a look of the Quick Ratio trends of CarGurus Inc:

  • The MRQ is 0.527. The company is just not able to pay all its short-term debts with the most liquid assets. -1
  • The TTM is 0.824. The company is just not able to pay all its short-term debts with the most liquid assets. -1
Trends
Current periodCompared to+/- 
MRQ0.527TTM0.824-0.297
TTM0.824YOY0.981-0.157
TTM0.8245Y1.273-0.449
5Y1.27310Y1.2730.000
Compared to industry (Auto & Truck Dealerships)
PeriodCompanyIndustry (mean)+/- 
MRQ0.5270.428+0.099
TTM0.8240.396+0.428
YOY0.9810.445+0.536
5Y1.2730.498+0.775
10Y1.2730.557+0.716

1.4. Solvency of CarGurus Inc.

1.3. Liquidity
1.4.1. Debt to Asset Ratio

Measures how much % of Cargurus assets are financed with debt.

  • Below 1 (100%) is considered healthy but always compare Cargurus to Auto & Truck Dealerships industry mean.
  • A Debt to Asset Ratio of 0.33 means that Cargurus assets are financed with 32.9% credit (debt) and the remaining percentage (100% - 32.9%) is financed by its owners/shareholders. 

Let's take a look of the Debt to Asset Ratio trends of CarGurus Inc:

  • The MRQ is 0.329. The company is very able to pay all its debts by selling its assets. +2
  • The TTM is 0.306. The company is very able to pay all its debts by selling its assets. +2
Trends
Current periodCompared to+/- 
MRQ0.329TTM0.306+0.023
TTM0.306YOY0.235+0.071
TTM0.3065Y0.285+0.021
5Y0.28510Y0.2850.000
Compared to industry (Auto & Truck Dealerships)
PeriodCompanyIndustry (mean)+/- 
MRQ0.3290.625-0.296
TTM0.3060.608-0.302
YOY0.2350.592-0.357
5Y0.2850.643-0.358
10Y0.2850.654-0.369
1.4.2. Debt to Equity Ratio

Measures if Cargurus is able to pay off its debts by using shareholders equity.

  • Below 2 is considered healthy but always compare Cargurus to the Auto & Truck Dealerships industry mean.
  • A Debt to Equity ratio of 49.0% means that company has €0.49 debt for each €1 in shareholders equity.

Let's take a look of the Debt to Equity Ratio trends of CarGurus Inc:

  • The MRQ is 0.490. The company is very able to pay all its debts with equity. +2
  • The TTM is 0.455. The company is very able to pay all its debts with equity. +2
Trends
Current periodCompared to+/- 
MRQ0.490TTM0.455+0.034
TTM0.455YOY0.437+0.019
TTM0.4555Y0.440+0.015
5Y0.44010Y0.4400.000
Compared to industry (Auto & Truck Dealerships)
PeriodCompanyIndustry (mean)+/- 
MRQ0.4901.635-1.145
TTM0.4551.487-1.032
YOY0.4371.422-0.985
5Y0.4402.051-1.611
10Y0.4402.142-1.702

2. Market Valuation of CarGurus Inc

2.1. Earnings Per Share
2.1. Price to Earnings Ratio

Measures how much money you pay for each share for every €1 in earnings Cargurus generates.

  • Above 15 is considered overpriced but always compare Cargurus to the Auto & Truck Dealerships industry mean.
  • A PE ratio of -35.38 means the investor is paying €-35.38 for every €1 in earnings.

Let's take a look of the Price to Earnings Ratio trends of CarGurus Inc:

  • The EOD is -34.090. Based on the earnings, the company is expensive. -2
  • The MRQ is -35.376. Based on the earnings, the company is expensive. -2
  • The TTM is 13.982. Based on the earnings, the company is underpriced. +1
Trends
Current periodCompared to+/- 
EOD-34.090MRQ-35.376+1.286
MRQ-35.376TTM13.982-49.358
TTM13.982YOY15.038-1.056
TTM13.9825Y27.910-13.928
5Y27.91010Y27.9100.000
Compared to industry (Auto & Truck Dealerships)
PeriodCompanyIndustry (mean)+/- 
EOD-34.0907.291-41.381
MRQ-35.3768.214-43.590
TTM13.9828.631+5.351
YOY15.0387.411+7.627
5Y27.9109.024+18.886
10Y27.91010.829+17.081
2.2. Price To Free Cash Flow Ratio

Let's take a look of the Price To Free Cash Flow Ratio trends of CarGurus Inc:

  • The EOD is -34.111. Based on how much money comes from the company's main activities, the company is expensive. -2
  • The MRQ is -35.398. Based on how much money comes from the company's main activities, the company is expensive. -2
  • The TTM is 7.140. Based on how much money comes from the company's main activities, the company is cheap. +2
Trends
Current periodCompared to+/- 
EOD-34.111MRQ-35.398+1.287
MRQ-35.398TTM7.140-42.538
TTM7.140YOY-10.471+17.612
TTM7.1405Y7.460-0.320
5Y7.46010Y7.4600.000
Compared to industry (Auto & Truck Dealerships)
PeriodCompanyIndustry (mean)+/- 
EOD-34.1110.137-34.248
MRQ-35.3980.524-35.922
TTM7.1401.324+5.816
YOY-10.4710.568-11.039
5Y7.4600.158+7.302
10Y7.4600.230+7.230
2. Book Value per Share
2.3. Price to Book Ratio

Measures if the stock price of Cargurus is to cheap or to expensive compared to its book value.

  • At or below 1 is considered healthy (always compare to Auto & Truck Dealerships industry mean).
  • A PB ratio of 4.11 means the investor is paying €4.11 for each €1 in book value.

Let's take a look of the Price to Book Ratio trends of CarGurus Inc:

  • The EOD is 3.958. Based on the equity, the company is fair priced.
  • The MRQ is 4.107. Based on the equity, the company is fair priced.
  • The TTM is 3.249. Based on the equity, the company is fair priced.
Trends
Current periodCompared to+/- 
EOD3.958MRQ4.107-0.149
MRQ4.107TTM3.249+0.858
TTM3.249YOY3.767-0.517
TTM3.2495Y5.905-2.656
5Y5.90510Y5.9050.000
Compared to industry (Auto & Truck Dealerships)
PeriodCompanyIndustry (mean)+/- 
EOD3.9581.405+2.553
MRQ4.1071.503+2.604
TTM3.2491.575+1.674
YOY3.7671.531+2.236
5Y5.9051.840+4.065
10Y5.9051.840+4.065
2. Total Gains per Share

3. Summary

3.1. Key Performance Indicators

The key performance indicators of CarGurus Inc compared to the Most Recent Quarter (MRQ).

 End of day+/-Most Recent QuarterTrailing 12 Months+/-Year-Over-Year+/-5 Year+/-10 Year+/-
Book Value Change Per Share---0.831-0.201-76%0.185-550%0.298-379%0.298-379%
Book Value Per Share--5.3565.895-9%5.862-9%4.496+19%4.496+19%
Current Ratio--3.3964.384-23%4.281-21%4.128-18%4.128-18%
Debt To Asset Ratio--0.3290.306+7%0.235+40%0.285+15%0.285+15%
Debt To Equity Ratio--0.4900.455+8%0.437+12%0.440+11%0.440+11%
Dividend Per Share----0%-0%-0%-0%
Eps---0.1550.075-307%0.386-140%0.150-203%0.150-203%
Free Cash Flow Per Share---0.1550.170-191%0.475-133%0.281-155%0.281-155%
Free Cash Flow To Equity Per Share---1.284-0.274-79%0.291-542%0.128-1107%0.128-1107%
Gross Profit Margin--1.0001.0000%1.0000%1.0000%1.0000%
Intrinsic Value_10Y_max---20.824--------
Intrinsic Value_10Y_min---16.887--------
Intrinsic Value_1Y_max--0.627--------
Intrinsic Value_1Y_min--0.618--------
Intrinsic Value_3Y_max---0.184--------
Intrinsic Value_3Y_min---0.134--------
Intrinsic Value_5Y_max---3.489--------
Intrinsic Value_5Y_min---3.060--------
Market Cap1938528000.000-23%2379837152.0002127015706.358+12%2571350330.126-7%2545804784.263-7%2545804784.263-7%
Net Profit Margin---0.0800.040-301%0.091-188%0.093-186%0.093-186%
Operating Margin---0.045-100%0.070-100%0.113-100%0.113-100%
Operating Ratio--1.3471.251+8%1.525-12%1.177+14%1.177+14%
Pb Ratio3.958-4%4.1073.249+26%3.767+9%5.905-30%5.905-30%
Pe Ratio-34.090+4%-35.37613.982-353%15.038-335%27.910-227%27.910-227%
Price Per Share21.200-4%22.00018.996+16%21.740+1%22.436-2%22.436-2%
Price To Free Cash Flow Ratio-34.111+4%-35.3987.140-596%-10.471-70%7.460-574%7.460-574%
Price To Total Gains Ratio-25.511+4%-26.47478.998-134%121.936-122%73.396-136%73.396-136%
Quick Ratio--0.5270.824-36%0.981-46%1.273-59%1.273-59%
Return On Assets---0.0190.008-337%0.037-153%0.030-165%0.030-165%
Return On Equity---0.0290.012-339%0.060-149%0.045-164%0.045-164%
Total Gains Per Share---0.831-0.201-76%0.185-550%0.298-379%0.298-379%
Usd Book Value--616838910.401704831043.168-12%738198335.099-16%548799798.666+12%548799798.666+12%
Usd Book Value Change Per Share---0.885-0.214-76%0.197-550%0.317-379%0.317-379%
Usd Book Value Per Share--5.7026.276-9%6.241-9%4.786+19%4.786+19%
Usd Dividend Per Share----0%-0%-0%-0%
Usd Eps---0.1660.080-307%0.411-140%0.160-203%0.160-203%
Usd Free Cash Flow---17893620.28920828558.009-186%59707732.975-130%30876011.464-158%30876011.464-158%
Usd Free Cash Flow Per Share---0.1650.181-191%0.505-133%0.299-155%0.299-155%
Usd Free Cash Flow To Equity Per Share---1.367-0.292-79%0.309-542%0.136-1107%0.136-1107%
Usd Market Cap2063756908.800-23%2533574632.0192264420920.989+12%2737459561.452-7%2710263773.327-7%2710263773.327-7%
Usd Price Per Share22.570-4%23.42120.223+16%23.145+1%23.885-2%23.885-2%
Usd Profit---17904620.0569235304.023-294%35332000.239-151%21433711.834-184%21433711.834-184%
Usd Revenue--223118265.330228555649.946-2%413749970.039-46%243367946.734-8%243367946.734-8%
Usd Total Gains Per Share---0.885-0.214-76%0.197-550%0.317-379%0.317-379%
 EOD+3 -5MRQTTM+5 -28YOY+4 -295Y+7 -2610Y+7 -26

3.2. Fundamental Score

Let's check the fundamental score of CarGurus Inc based on Penke's default stock scanner.

Penke's Stock Scanner

  
  
IndicatorConditionValue
Price to Earnings Ratio (EOD)Between0-15-34.090
Price to Book Ratio (EOD)Between0-13.958
Net Profit Margin (MRQ)Greater than0-0.080
Operating Margin (MRQ)Greater than00.000
Quick Ratio (MRQ)Greater than10.527
Current Ratio (MRQ)Greater than13.396
Debt to Asset Ratio (MRQ)Less than10.329
Debt to Equity Ratio (MRQ)Less than10.490
Return on Equity (MRQ)Greater than0.15-0.029
Return on Assets (MRQ)Greater than0.05-0.019
Total3/10 (30.0%)

3.3. Technical Score

Let's check the technical score of CarGurus Inc based on Penke's default Symbol scanner.

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5051.723
Ma 20Greater thanMa 5021.040
Ma 50Greater thanMa 10021.104
Ma 100Greater thanMa 20020.858
OpenGreater thanClose21.200
Total3/5 (60.0%)



Reversals in quarterly reports

I have detected a reversal (positive to negative, negative to positive) in the following values of the quarterly reports.

 2022-12-312023-03-312023-06-302023-09-302023-12-31
Income before Tax  30,602-13,32217,2803,77721,0574,55025,607-41,002-15,395
Net Income  23,288-8,13515,15326415,4175,53220,948-37,766-16,818
Operating Income  27,823-14,61713,2063,45616,6615,03221,693-42,607-20,914
Net Income from Continuing Operations  21,821-10,67511,1461,83312,9784,84317,821-39,052-21,231



Latest Balance Sheet

Balance Sheet of 2023-12-31. Currency in USD. All numbers in thousands.

Summary
Total Assets918,927
Total Liabilities302,075
Total Stockholder Equity616,852
 As reported
Total Liabilities 302,075
Total Stockholder Equity+ 616,852
Total Assets = 918,927

Assets

Total Assets918,927
Total Current Assets391,191
Long-term Assets527,736
Total Current Assets
Cash And Cash Equivalents 291,363
Short-term Investments 20,724
Net Receivables 39,963
Inventory 331
Other Current Assets 25,152
Total Current Assets  (as reported)391,191
Total Current Assets  (calculated)377,533
+/- 13,658
Long-term Assets
Property Plant Equipment 253,052
Goodwill 157,898
Intangible Assets 23,056
Long-term Assets Other 7,376
Long-term Assets  (as reported)527,736
Long-term Assets  (calculated)441,382
+/- 86,354

Liabilities & Shareholders' Equity

Total Current Liabilities115,178
Long-term Liabilities186,897
Total Stockholder Equity616,852
Total Current Liabilities
Accounts payable 47,854
Total Current Liabilities  (as reported)115,178
Total Current Liabilities  (calculated)47,854
+/- 67,324
Long-term Liabilities
Capital Lease Obligations Min Short Term Debt194,390
Long-term Liabilities  (as reported)186,897
Long-term Liabilities  (calculated)194,390
+/- 7,493
Total Stockholder Equity
Retained Earnings 354,147
Total Stockholder Equity (as reported)616,852
Total Stockholder Equity (calculated)354,147
+/- 262,705
Other
Capital Stock108
Common Stock Shares Outstanding 108,174
Net Invested Capital 616,852
Net Working Capital 276,013
Property Plant and Equipment Gross 312,025



Balance Sheet

Currency in USD. All numbers in thousands.

 Trend2023-12-312023-09-302023-06-302023-03-312022-12-312022-09-302022-06-302022-03-312021-12-312021-09-302021-06-302021-03-312020-12-312020-09-302020-06-302020-03-312019-12-312019-09-30
> Total Assets 
369,383
393,623
406,438
407,436
460,551
502,298
719,393
784,205
819,917
931,574
945,805
1,009,706
982,855
927,102
1,051,579
1,040,321
1,048,725
918,927
918,9271,048,7251,040,3211,051,579927,102982,8551,009,706945,805931,574819,917784,205719,393502,298460,551407,436406,438393,623369,383
   > Total Current Assets 
206,182
218,954
210,239
216,081
281,422
331,976
311,776
388,776
441,509
563,108
572,719
629,514
603,846
557,366
543,214
535,292
535,369
391,191
391,191535,369535,292543,214557,366603,846629,514572,719563,108441,509388,776311,776331,976281,422216,081210,239218,954206,182
       Cash And Cash Equivalents 
29,514
59,920
74,451
133,199
245,941
190,299
140,668
184,642
231,091
231,944
315,005
338,238
404,429
469,517
456,696
363,060
355,330
291,363
291,363355,330363,060456,696469,517404,429338,238315,005231,944231,091184,642140,668190,299245,941133,19974,45159,92029,514
       Short-term Investments 
134,808
111,692
81,281
43,000
0
100,000
100,000
85,000
90,000
90,000
60,000
30,000
0
0
0
90,490
91,824
20,724
20,72491,82490,49000030,00060,00090,00090,00085,000100,000100,000043,00081,281111,692134,808
       Net Receivables 
17,892
22,124
17,536
16,844
16,322
18,235
36,364
81,863
85,182
189,324
144,718
193,431
120,059
46,817
42,395
37,820
46,107
39,963
39,96346,10737,82042,39546,817120,059193,431144,718189,32485,18281,86336,36418,23516,32216,84417,53622,12417,892
       Other Current Assets 
7,167
14,766
18,215
11,897
11,834
11,057
17,574
19,534
15,658
15,754
14,597
21,562
21,545
13,778
18,114
21,639
22,089
25,152
25,15222,08921,63918,11413,77821,54521,56214,59715,75415,65819,53417,57411,05711,83411,89718,21514,7667,167
   > Long-term Assets 
163,201
174,669
196,199
191,355
179,129
170,322
407,617
395,429
378,408
368,466
373,086
380,192
379,009
369,736
508,365
505,029
513,356
527,736
527,736513,356505,029508,365369,736379,009380,192373,086368,466378,408395,429407,617170,322179,129191,355196,199174,669163,201
       Property Plant Equipment 
0
87,936
96,566
92,967
90,801
88,318
99,903
98,665
93,410
92,819
90,460
94,569
92,626
96,997
239,161
238,148
238,474
253,052
253,052238,474238,148239,16196,99792,62694,56990,46092,81993,41098,66599,90388,31890,80192,96796,56687,9360
       Goodwill 
14,828
15,207
27,298
27,623
28,357
29,129
157,152
156,098
155,707
158,287
157,998
157,073
156,216
157,467
157,689
157,638
157,267
157,898
157,898157,267157,638157,689157,467156,216157,073157,998158,287155,707156,098157,15229,12928,35727,62327,29815,20714,828
       Intangible Assets 
3,982
3,920
11,006
10,599
10,262
10,862
108,165
100,348
92,421
83,915
76,161
68,338
60,535
53,054
45,552
38,037
30,481
23,056
23,05630,48138,03745,55253,05460,53568,33876,16183,91592,421100,348108,16510,86210,26210,59911,0063,9203,982
       Long-term Assets Other 
6,240
14,379
14,486
14,135
13,941
13,050
13,535
14,838
16,263
14,200
15,701
16,765
18,326
17,877
8,132
7,828
7,546
7,376
7,3767,5467,8288,13217,87718,32616,76515,70114,20016,26314,83813,53513,05013,94114,13514,48614,3796,240
> Total Liabilities 
132,281
136,768
128,470
111,581
122,292
128,712
210,738
235,024
230,661
251,925
241,190
283,366
232,312
155,744
323,296
309,602
305,195
302,075
302,075305,195309,602323,296155,744232,312283,366241,190251,925230,661235,024210,738128,712122,292111,581128,470136,768132,281
   > Total Current Liabilities 
72,378
73,758
58,331
43,147
55,867
66,536
81,725
103,547
102,450
170,709
148,907
175,973
148,881
98,733
123,999
110,764
108,638
115,178
115,178108,638110,764123,99998,733148,881175,973148,907170,709102,450103,54781,72566,53655,86743,14758,33173,75872,378
       Accounts payable 
42,752
36,731
29,839
10,438
16,839
21,563
36,293
45,877
55,340
66,153
61,873
74,171
67,149
32,529
42,701
39,260
37,481
47,854
47,85437,48139,26042,70132,52967,14974,17161,87366,15355,34045,87736,29321,56316,83910,43829,83936,73142,752
       Other Current Liabilities 
0
9,984
11,097
8,195
9,678
9,137
18,231
20,948
12,517
55,904
38,661
46,919
37,712
12,249
37,285
21,267
27,658
0
027,65821,26737,28512,24937,71246,91938,66155,90412,51720,94818,2319,1379,6788,19511,0979,9840
   > Long-term Liabilities 
59,903
63,010
70,139
68,434
66,425
62,176
129,013
131,477
128,211
81,216
92,283
107,393
83,431
57,011
199,297
198,838
196,557
186,897
186,897196,557198,838199,29757,01183,431107,39392,28381,216128,211131,477129,01362,17666,42568,43470,13963,01059,903
       Capital Lease Obligations Min Short Term Debt
65,629
69,599
77,556
76,596
73,488
69,895
78,879
75,879
73,684
70,705
66,862
68,450
64,967
66,418
210,411
207,054
205,317
194,390
194,390205,317207,054210,41166,41864,96768,45066,86270,70573,68475,87978,87969,89573,48876,59677,55669,59965,629
       Other Liabilities 
0
2,192
2,060
3,361
4,409
3,366
5,512
12,189
12,565
23,697
37,924
51,283
30,489
5,355
0
5,654
4,446
0
04,4465,65405,35530,48951,28337,92423,69712,56512,1895,5123,3664,4093,3612,0602,1920
> Total Stockholder Equity
237,102
256,855
277,968
295,855
338,259
373,586
508,655
549,181
589,256
516,841
464,865
461,835
577,931
734,609
695,808
700,854
716,994
616,852
616,852716,994700,854695,808734,609577,931461,835464,865516,841589,256549,181508,655373,586338,259295,855277,968256,855237,102
   Common Stock
0
112
113
113
113
113
117
117
117
118
118
118
119
118
0
113
113
0
011311301181191181181181171171171131131131131120
   Retained Earnings 
38,688
51,859
64,555
71,686
104,249
129,412
151,773
179,825
209,024
129,258
67,168
56,832
163,796
323,043
339,175
355,588
377,890
354,147
354,147377,890355,588339,175323,043163,79656,83267,168129,258209,024179,825151,773129,412104,24971,68664,55551,85938,688
   Capital Surplus 000000000000000000
   Treasury Stock000000000000000000
   Other Stockholders Equity 
0
-350
-843
-362
651
1,880
797
1,045
307
-403
-892
-2,478
-3,997
-1,644
0
-1,341
-2,119
0
0-2,119-1,3410-1,644-3,997-2,478-892-4033071,0457971,880651-362-843-3500



Balance Sheet

Currency in USD. All numbers in thousands.




Cash Flow

Currency in USD. All numbers in thousands.




Income Statement

Currency in USD. All numbers in thousands.


Latest Income Statement (annual, 2023-12-31)

Gross Profit (+$)
totalRevenue914,242
Cost of Revenue-262,788
Gross Profit651,454651,454
 
Operating Income (+$)
Gross Profit651,454
Operating Expense-881,615
Operating Income32,627-230,161
 
Operating Expense (+$)
Research Development146,169
Selling General Administrative456,827
Selling And Marketing Expenses-
Operating Expense881,615602,996
 
Net Interest Income (+$)
Interest Income18,430
Interest Expense--
Other Finance Cost-0
Net Interest Income18,430
 
Pretax Income (+$)
Operating Income32,627
Net Interest Income18,430
Other Non-Operating Income Expenses-
Income Before Tax (EBT)51,68731,997
EBIT - interestExpense = 0
36,942
36,942
Interest Expense-
Earnings Before Interest and Taxes (EBIT)-51,687
Earnings Before Interest and Taxes (EBITDA)-
 
After tax Income (+$)
Income Before Tax51,687
Tax Provision-29,634
Net Income From Continuing Ops22,05322,053
Net Income36,942
Net Income Applicable To Common Shares-
 
Non-recurring Events
Discontinued Operations-
Extraordinary Items-
Effect of Accounting Charges-
Other Items-
Non Recurring-
Other Operating Expenses-
Total Other Income/Expenses Net630-18,430
 

Technical Analysis of Cargurus
The psychology behind the price

Technical indicators reflecting market sentiment and the collective psychology of you and other traders. Your emotions and other traders' emotions, such as fear and greed, play a significant role in driving price movements.

General trend

First of all, I'm going to put something in the back of your mind. One of the most stable factors that gives you more confidence as a trader: the general trend of Cargurus. The general trend of Cargurus is BULLISH with 71.4% confidence. It is very important for your mental being to use each indicator with this in mind. But beware, also the general trend flips once in a while! You can use moving averages to determine Cargurus's overall trend. For convenience I use the most commonly used moving averages: 20, 50, 100 & 200. Of course you can use other moving averages or other indicators to determine the trend.

Indicator phases

Some of the indicators I use have 3 zones: overbought, oversold and neutral. Transitions between these zones (market phases) provide valuable trading signals and insights. Expecially with the general trend mind, I use the highlighted phases:

Indicator zone transitionsBullish trend (71.4%) Bearish trend (-71.4%)
Overbought to neutralBullish pullback=Bearish reversal
Upper to lower neutralBullish correction=Bearish continuation
Nuetral to oversoldOversold=Oversold
Oversold to neutralBullish reversal=Bearish correction
Lower to upper neutralBullish continuation=Bearish pullback
Nuetral to overboughtOverbought=Overbought

1. Price Targets

1.1 Support & Resistance

Support and resistance are levels on a price chart that act as barriers or zones where the price of an asset tends to stop, reverse, or experience a significant amount of buying or selling pressure.

Support is a price level at which demand for an asset is strong enough to prevent the price from falling further.
Resistance is a price level at which selling pressure becomes significant enough to prevent the price of an asset from rising further.


Score

Let's take a look at the Support & Resistance of CarGurus Inc.

The long score for the Support & Resistance is 0/1.
The longshort score for the Support & Resistance is 0/(-1 +1).

  • Between support/resistance: The price is trading between support and resistance lines.

The bullish price targets are: 21.80 < 22.00 < 22.00.

The bearish price targets are: 20.80 > 20.80 > 20.20.

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CarGurus Inc Daily Support & Resistance Chart

2. Trend Indicators

2.1 Moving Averages

Shows the moving average of the selected period.

  • Moving averages are lagging trend indicators.
  • There are many types of moving averages.
  • Moving averages are also used within other indicators.

Score

Let's take a look at the Moving Averages of CarGurus Inc. The current mas is .

The long score for the Moving Averages is 12/14.
The longshort score for the Moving Averages is 10/(-14 +14).

  • MA 20 trending up: The MA 20 is trending up. +1
  • Close > MA 20: The price is above the MA 20. +1
  • MA 20 < MA 50: The MA 20 is lower than the MA 50. -1
  • MA 20 > MA 100: The MA 20 is higher than the MA 100. +1
  • MA 20 > MA 200: The MA 20 is higher than the MA 200. +1
  • MA 50 trending down: The MA 50 is trending down. -1
  • Close > MA 50: The price is above the MA 50. +1
  • MA 50 > MA 100: The MA 50 is higher than the MA 100. +1
  • MA 50 > MA 200: The MA 50 is higher than the MA 200. +1
  • MA 100 trending up: The MA 100 is trending up. +1
  • Close > MA 100: The price is above the MA 100. +1
  • MA 100 > MA 200: The MA 100 is higher than the MA 200. +1
  • MA 200 trending up: The MA 200 is trending up. +1
  • Close > MA 200: The price is above the MA 200. +1

Directionalities and relatives.

Moving AverageAmount of candlesTrendPrice +/-vs. MA 50vs. MA 100vs. MA 200
MA 2020
MA 5050-
MA 100100--
MA 200200---

Explanation: https://www.youtube.com/watch?v=xwW8h0lrQ-I

CarGurus Inc Daily Moving Averages Chart
2.2 Moving Average Convergence/Divergence (MACD)

Shows the momentum of the selected period based on two moving averages.

  • MACD is a lagging momentum indicator.
  • Uses two moving averages.
  • Can show buy or sell signals based on momentum.
  • Can show overbought. and oversold. levels.

Score

Let's take a look at the Moving Average Convergence/Divergence (MACD) of CarGurus Inc. The current macd is 0.06960898.

The long score for the Moving Average Convergence/Divergence (MACD) is 4/4.
The longshort score for the Moving Average Convergence/Divergence (MACD) is 4/(-4 +4).

  • MACD line > signal line: The MACD line is above the signal line, which indicates a bullish signal in the market. This means that the positive momentum is currently stronger than the average momentum, suggesting that buyers are more active than sellers, and there's a higher probability of the Cargurus price going up in the near term. +2
  • MACD > 0: The MACD is above the zero line (centerline), it indicates a bullish signal for Cargurus. This means that the short-term moving average is higher than the long-term moving average, signaling positive momentum and suggesting a higher likelihood of the Cargurus price continuing to rise in the near future. It indicates that buyers are gaining control, and there is optimism in the market, leading to potential price increases. +1
  • Trending up: The MACD line is trending up. This indicates that the short-term moving average is rising faster than the long-term moving average, suggesting positive momentum in the market. This signals that buyers are becoming more active and confident, leading to potential price increases as traders anticipate further gains and are willing to buy at higher prices. +1
CarGurus Inc Daily Moving Average Convergence/Divergence (MACD) ChartCarGurus Inc Daily Moving Average Convergence/Divergence (MACD) Chart
2.3 Directional Movement Index (DMI)

The DMI is a collection of 3 indicators: +DI (Plus Direction Indicator), -DI (Minus Direction Indicator) and ADX (Average Directional Index). The ADX helps you determine the strength of a trend.


Score

Let's take a look at the Directional Movement Index (DMI) of CarGurus Inc. The current adx is 6.76489866.

The long score for the Directional Movement Index (DMI) is 1/7.
The longshort score for the Directional Movement Index (DMI) is 1/(-7 +7).

  • PLUS_ID > MINUS_DI: The +DI line is above the -DI line. This indicates a bullish signal in the market, as the positive directional movement is currently stronger than the negative directional movement, showing that buyers have the upper hand. Market psychology suggests that traders are optimistic, expecting further price increases, and are more willing to buy Cargurus shares, leading to potential upward momentum in its price. +1
  • PLUS_ID > MINUS_DI && ADX < 25 && ADX trending down: The ADX is below 25 and indicates a weak or no trend. Also, the ADX is declining so there is no trend indication.
CarGurus Inc Daily Directional Movement Index (DMI) Chart
2.4 Parabolic SAR

Shows the current trend and potential entry and exit signals.

  • Parabolic SAR (stop and reverse) is a lagging trend indicator.
  • Shows the current trend.
  • Shows potential entry signals.
  • Shows  potential exit signals.
  • Can be used to place trailing stoplosses..

Score

Let's take a look at the Parabolic SAR of CarGurus Inc. The current sar is 20.17.

The long score for the Parabolic SAR is 1/1.
The longshort score for the Parabolic SAR is 1/(-1 +1).

  • Close > SAR: The price is above the SAR. It's generally considered a bullish signal. +1
CarGurus Inc Daily Parabolic SAR Chart

3. Momentum Indicators

3.1 Relative Strength Index (RSI)

Measures the speed and change of price movements.

  • Leading momentum indicator, meaning the signals are instant.
  • Ranges between 0 and 100.
  • Above 70 is considered overbought.
  • Below 30 is considered oversold.
  • Above or below 50 can also be used to determine price trend or support and resistance.
  • RSI divergence looks at a deviation between RSI and price movement. Penketrading automatically calculates RSI divergences.
  • Can be used in many different ways

Score

Let's take a look at the Relative Strength Index (RSI) of CarGurus Inc. The current rsi is 51.72. The current phase is Continuation in bull market.

The long score for the Relative Strength Index (RSI) is 4/13.
The longshort score for the Relative Strength Index (RSI) is 4/(-13 +13).

  • Continuation in bull market: Uptrend continues after a consolidation or pullback. Hold or add to existing positions.
  • Trending up: The RSI is trending up. +1
CarGurus Inc Daily Relative Strength Index (RSI) ChartCarGurus Inc Daily Relative Strength Index (RSI) Chart
3.2 Stochastic Oscillator

Compares a certain price to multiple prices ranging over time.

  • Leading momentum indicator, meaning the signals are instant.
  • Used to determine overbought and oversold areas much like the RSI.
  • Ranges between 0 and 100.
  • Above 80 is considered overbought.
  • Below 20 is considered oversold.
  • Consists of two lines named K and D.
  • K compares the highest high and lowest low on the selected price range.
  • The D line is a moving average of the K line.
  • Can be used to spot divergences

Score

Let's take a look at the Stochastic Oscillator of CarGurus Inc. The current phase is Correction in bull market.

The long score for the Stochastic Oscillator is 1/6.
The longshort score for the Stochastic Oscillator is -1/(-6 +6).

  • STOCH %K line < STOCH %D line: The STOCH %K line is below the STOCH %D line, which indicates a bearish signal in the market. This means that the negative momentum is currently stronger than the average momentum, suggesting that sellers are more active than buyers, and there's a higher probability of the Cargurus price going down in the near term. -2
  • Trending up: The STOCH %K is trending up. +1
CarGurus Inc Daily Stochastic Oscillator ChartCarGurus Inc Daily Stochastic Oscillator Chart
3.3 Commodity Channel Index (CCI)

Measures the difference between the current price and the historical average price.

  • Lagging or leading Momentum indicator
  • When the CCI is above zero, the price is above the historical average
  • When the CCI is below zero, the price is below the historical average
  • Used for spotting trends
    • If the CCI moves from negative or near zero to positive 100 that might indicate an uptrend
    • If the CCI moves from positive or near zero to negative -100 that might indicate a downtrend

Score

Let's take a look at the Commodity Channel Index (CCI) of CarGurus Inc. The current cci is 38.10.

CarGurus Inc Daily Commodity Channel Index (CCI) ChartCarGurus Inc Daily Commodity Channel Index (CCI) Chart
3.4 Chande Momentum Oscillator (CMO)

Measures the difference between the sum of recent gains and the sum of recent losses. Then divides the result by the sum of all price movements in that period.

  • Lagging momentum indicator
  • Ranges between +100 and -100
  • Considered overbought above +50
  • Considered oversold below -50
  • It's possible to add a moving average that acts as a signal line

Score

Let's take a look at the Chande Momentum Oscillator (CMO) of CarGurus Inc. The current cmo is 4.31254239.

The long score for the Chande Momentum Oscillator (CMO) is 1/1.
The longshort score for the Chande Momentum Oscillator (CMO) is 1/(-1 +1).

  • CMO > 0: The CMO is above 0, the momentum of the price is positive, indicating a potential uptrend in the price. +1
CarGurus Inc Daily Chande Momentum Oscillator (CMO) ChartCarGurus Inc Daily Chande Momentum Oscillator (CMO) Chart
3.5 Williams %R

 Shows the current price relative to the highest high over the last 14 days.
 

  • Lagging momentum indicator
  • Ranging between 0 and -100
  • Above -20 is considered overbought
  • Below -80 is considered oversold
  • Is prone to give false signals

Score

Let's take a look at the Williams %R of CarGurus Inc. The current willr is -50.

The long score for the Williams %R is 0/1.
The longshort score for the Williams %R is 0/(-1 +1).

  • WILLR between -80 and -20: The Williams %R is between -80 and -20. This indicates that Cargurus is trading in a neutral price range, neither oversold nor overbought, suggesting a balanced market condition without any extreme price signals.
CarGurus Inc Daily Williams %R ChartCarGurus Inc Daily Williams %R Chart

4. Volatility Indicators

4.1 Bollinger Bands

Shows if the price is to high or to low relative to an average.

  • Lagging volatility indicator
  • Uses 3 bands: one upper, one lower and one in the middle
  • Works best when the middle band reflects an intermediate trend (MA20).
  • When the price is moving closer to the upper band, the market might be overbought
  • When the price is moving closer to the lower band, the market might be oversold 

Score

Let's take a look at the Bollinger Bands of CarGurus Inc.

CarGurus Inc Daily Bollinger Bands Chart
4.2 Average True Range (ATR)
Measures market volatility
  • Leading volatility indicator
  • Can be used to determine stop-loss positions
  • Calculated by:
    • Current high minus the current low
    • Current high minus the previous close
    • Current low minus the previous close
  • The larger the range of the candles, the greater the ATR value

Score

Let's take a look at the Average True Range (ATR) of CarGurus Inc. The current atr is 0.32482424.

CarGurus Inc Daily Average True Range (ATR) ChartCarGurus Inc Daily Average True Range (ATR) Chart

5. Volume Indicators

5.1 On-Balance Volume (OBV)

 Measures market volatility

  • Leading momentum indicator
  • Calculation:
    • If the closing price is above the previous closing price: OBV = previous OBV + current volume
    • If the closing price is below the previous closing price: OBV = previous OBV - current volume
    • If the closing price is the same as the previous closing price than the OBV is the same.
  • Can be used to confirm price trends
  • Can be used with divergences

Score

Let's take a look at the On-Balance Volume (OBV) of CarGurus Inc. The current obv is 5,994.

CarGurus Inc Daily On-Balance Volume (OBV) ChartCarGurus Inc Daily On-Balance Volume (OBV) Chart
5.2 Money Flow Index (MFI)

Measures the flow of money in and out of a security

  • Lagging momentum indicator
  • Looks like RSI but uses volume as an extra metric (RSI only considers price)
  • Above 80 is considered overbought
  • Below 20 is considered oversold
  • Can be used with divergences

Score

Let's take a look at the Money Flow Index (MFI) of CarGurus Inc. The current mfi is 58.72.

The long score for the Money Flow Index (MFI) is 1/2.
The longshort score for the Money Flow Index (MFI) is 1/(-2 +2).

  • MFI > 50: +1
CarGurus Inc Daily Money Flow Index (MFI) ChartCarGurus Inc Daily Money Flow Index (MFI) Chart

6. Summary

6.1. Notifications

TypeNotificationDate
PenkeCurrently no notifications for CarGurus Inc.

6.2. Trading Signals

Below you will find trading signals as the indicator is commonly used. This doesn't mean you should use it that way. Learn from these, but don't use them blindly. I recommend using at least 4 indicators, 1 from each category: trend, momentum, volatility and volume.

DateIndicatorSignal
2023-11-23 00:00:00STOCH LONG EXITThe %K line crosses below the %D line.
2023-11-27 00:00:00MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2023-11-30 00:00:00CCI LONG ENTRY SHORT CLOSE100 crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-12-04 00:00:00STOCH SHORT EXITThe %K line crosses above the %D line.
2023-12-05 00:00:00CCI LONG ENTRY SHORT CLOSE100 crossover to upside
2023-12-06 00:00:00RSI SHORT ENTRY LONG CLOSE70 crossover to downside
STOCH LONG EXITThe %K line crosses below the %D line.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
MFI SHORT ENTRY LONG CLOSE80 crossover to downside
2023-12-07 00:00:00MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2023-12-11 00:00:00STOCH SHORT EXITThe %K line crosses above the %D line.
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-12-12 00:00:00CCI LONG ENTRY SHORT CLOSE100 crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-12-14 00:00:00MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
STOCH LONG EXITThe %K line crosses below the %D line.
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-12-15 00:00:00ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-12-18 00:00:00ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-12-21 00:00:00ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2023-12-28 00:00:00STOCH LONG EXITThe %K line crosses below the %D line.
2024-01-02 00:00:00MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
RSI SHORT ENTRY LONG CLOSE70 crossover to downside
STOCH LONG EXITThe %K line crosses below the %D line.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-01-03 00:00:00ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-01-04 00:00:00CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-01-05 00:00:00WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-01-08 00:00:00DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
MFI SHORT ENTRY LONG CLOSE80 crossover to downside
2024-01-09 00:00:00DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
STOCH SHORT EXITThe %K line crosses above the %D line.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-01-11 00:00:00CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-01-12 00:00:00STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-01-16 00:00:00DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-01-17 00:00:00DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
STOCH SHORT EXITThe %K line crosses above the %D line.
2024-01-19 00:00:00SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-01-22 00:00:00WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2024-01-23 00:00:00ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-01-24 00:00:00STOCH LONG EXITThe %K line crosses below the %D line.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-01-25 00:00:00DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-01-26 00:00:00DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-01-30 00:00:00MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-01-31 00:00:00STOCH LONG EXITThe %K line crosses below the %D line.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-02-02 00:00:00STOCH SHORT EXITThe %K line crosses above the %D line.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
2024-02-05 00:00:00WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-02-07 00:00:00STOCH LONG EXITThe %K line crosses below the %D line.
2024-02-08 00:00:00CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-02-09 00:00:00MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
2024-02-12 00:00:00MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
STOCH SHORT EXITThe %K line crosses above the %D line.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-02-14 00:00:00MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
STOCH LONG EXITThe %K line crosses below the %D line.
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-02-15 00:00:00DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-02-16 00:00:00CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-02-19 00:00:00DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-02-21 00:00:00WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-02-23 00:00:00DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-02-26 00:00:00WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2024-02-27 00:00:00DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
STOCH LONG EXITThe %K line crosses below the %D line.
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-02-28 00:00:00DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-02-29 00:00:00DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
STOCH LONG EXITThe %K line crosses below the %D line.
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-03-04 00:00:00STOCH SHORT EXITThe %K line crosses above the %D line.
2024-03-06 00:00:00STOCH LONG EXITThe %K line crosses below the %D line.
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-03-08 00:00:00DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-03-11 00:00:00DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-03-12 00:00:00STOCH LONG EXITThe %K line crosses below the %D line.
2024-03-13 00:00:00MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
2024-03-15 00:00:00MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
2024-03-19 00:00:00MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-03-21 00:00:00STOCH LONG EXITThe %K line crosses below the %D line.
2024-03-25 00:00:00STOCH SHORT EXITThe %K line crosses above the %D line.
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2024-03-26 00:00:00STOCH LONG EXITThe %K line crosses below the %D line.
2024-03-27 00:00:00STOCH SHORT EXITThe %K line crosses above the %D line.
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2024-03-28 00:00:00STOCH LONG EXITThe %K line crosses below the %D line.
2024-04-02 00:00:00STOCH SHORT EXITThe %K line crosses above the %D line.
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2024-04-03 00:00:00DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-04-05 00:00:00DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-04-08 00:00:00CCI LONG ENTRY SHORT CLOSE100 crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-04-10 00:00:00STOCH LONG EXITThe %K line crosses below the %D line.
2024-04-11 00:00:00DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-04-12 00:00:00DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).

6.3. Candlestick Patterns

CarGurus Inc Daily Candlestick Chart
DateCandlestick Pattern

6.4. Technical Score

Let's check the technical score of CarGurus Inc based on Penke's default Symbol scanner.

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5051.723
Ma 20Greater thanMa 5021.040
Ma 50Greater thanMa 10021.104
Ma 100Greater thanMa 20020.858
OpenGreater thanClose21.200
Total3/5 (60.0%)
Penke

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