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CARG - CarGurus: Future Free Cash Flows Already Priced In
September, 21 2020 02:04 PM
CarGurus Inc.
Revenue growth rates are likely to remain negative for a while. However, CarGurus' bottom line is guided to be more profitable than 2019. CarGurus is free cash flow generative with no debt and a lot of cash on its balance sheet. On balance, it's very difficult to justify paying 35x free cash flow. For further details see:
CarGurus: Future Free Cash Flows Already Priced In
Stock Information
Company Name:
CarGurus Inc.
Stock Symbol:
CARG
Market:
NASDAQ
Website:
cargurus.com
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