With 1.18 million shares changed hands, the volume of the stock remained heavier than its average volume of 0.9 million shares. The 52-week range on CARG shows that it touched its highest point at $41.33 and its lowest point at $21.18 during that stretch. It currently has a 1-year price target of $40.71. Beta for the stock currently stands at 1.45.
Price Performance and Earnings:
Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of CARG was up-trending over the past week, with a rise of 4.01%, but this was down by -15.51% over a month. Three-month performance dropped to -14.17% while six-month performance rose 12.01%. The stock gained 43.12% in the past year, while it has lost -11.17% so far this year. A look at the trailing 12-month EPS for CARG yields 0.18 with Next year EPS estimates of 2.20. For the next quarter, that number is 0.44. This implies an EPS growth rate of 11.14% for this year and 15.16% for next year. EPS is expected to grow by 15.45% annually over the next five years; however, over the past five years, the company experienced an annual growth rate of -11.88%.
Float and Shares Shorts:
At present, 89.00 million CARG shares are outstanding with a float of 84.76 million shares on hand for trading.
Analysts Ratings:
Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for CARG since 7 analysts follow the stock currently. There are 6 analysts who recommend BUY ratings, while 0 suggest SELL ratings. Of the remaining analysts, 1 believe that the stock is worth HOLDING, 0 give it an OVERWEIGHT rating, and 0 thinks that it’s UNDERWEIGHT. In the same way, a target price assigned to a stock can also reveal much about its potential.
EPS: Estimates vs Actual
It is also common to use earnings estimates to evaluate a firm’s growth potential and to determine trading strategy. Analysts have provided yearly estimates in a range of $1.73994 being high and $1.6683 being low. For CARG, this leads to a yearly average estimate of $1.71947.
Summary of Insider Activity:
Insiders traded CARG stock several times over the past three months with 0 Buys and 0 Sells. In these transactions, 0 shares were bought while 0 shares were sold. The number of buy transactions has remained unchanged to 0 while that of sell transactions has remained unmoved to 0 over the past year. The total number of shares bought during that period was 0 while 0 shares were sold.
