CarGurus (CARG) Given Daily News Sentiment Rating of 0.14
Media headlines about CarGurus (NASDAQ:CARG) have been trending somewhat positive recently, Accern reports. The research firm identifies positive and negative media coverage by reviewing more than twenty million news and blog sources in real-time. Accern ranks coverage of companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. CarGurus earned a media sentiment score of 0.14 on Accern’s scale. Accern also assigned news coverage about the company an impact score of 46.1021894029804 out of 100, meaning that recent media coverage is somewhat unlikely to have an effect on the company’s share price in the next several days.
Here are some of the media stories that may have effected Accern Sentiment Analysis’s analysis:
- Yelp (YELP) and CarGurus (CARG) Critical Survey (americanbankingnews.com)
- Zacks Investment Research Lowers CarGurus (CARG) to Hold (americanbankingnews.com)
- CarGurus to Present at 20th Annual Needham Growth Conference (finance.yahoo.com)
- CarGurus (CARG) Rating Increased to Buy at Zacks Investment Research (americanbankingnews.com)
A number of equities analysts recently commented on CARG shares. Zacks Investment Research upgraded CarGurus from a “hold” rating to a “buy” rating and set a $34.00 price objective on the stock in a research report on Monday, January 8th. Raymond James Financial started coverage on CarGurus in a research report on Monday, November 6th. They set a “market perform” rating on the stock. JMP Securities started coverage on CarGurus in a research report on Monday, November 6th. They set a “market perform” rating on the stock. Goldman Sachs Group started coverage on CarGurus in a research report on Monday, November 6th. They set a “neutral” rating and a $25.00 price objective on the stock. Finally, William Blair started coverage on CarGurus in a research report on Monday, November 6th. They set an “outperform” rating on the stock. One analyst has rated the stock with a sell rating, five have given a hold rating and one has given a buy rating to the company’s stock. CarGurus has a consensus rating of “Hold” and an average price target of $31.00.
CarGurus (CARG) opened at $30.63 on Monday. CarGurus has a 1 year low of $25.85 and a 1 year high of $35.42. The company has a market capitalization of $3,250.00 and a P/E ratio of -145.86.
CarGurus (NASDAQ:CARG) last announced its quarterly earnings data 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 analysts’ expectations of $79.23 million. The company’s revenue for the quarter was up 56.3% compared to the same quarter last year. analysts expect that CarGurus will post 0.11 earnings per share for the current fiscal year.
CarGurus Company Profile
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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