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home / news releases / CARG - CarGurus: Ready To Rebound

CARG - CarGurus: Ready To Rebound

CarGurus Inc.
  • CarGurus' fundamental health has come bouncing back after a rough year impacted by the pandemic.
  • Comps are about to look a lot easier for CarGurus; and its Q2 guidance implies nearly 2x y/y growth alongside beating Wall Street's consensus.
  • Q1 results also came in well above expectations and showed healthy recovery in revenue and meaningful jumps in operating income.
  • CarGurus remains a very inexpensive stock trading at <4x forward revenue.

For further details see:

CarGurus: Ready To Rebound
Stock Information
Company Name: CarGurus Inc.
Stock Symbol: CARG
Market: NASDAQ
Website: cargurus.com
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