CarGurus Shareholders See Losses After Five Years

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CARGURUS ($NASDAQ:CARG): CarGurus, a publicly traded automotive marketplace, has been a disappointment for shareholders who invested five years ago. CarGurus has not had the success that was initially anticipated and this is reflected in the stock prices today. CarGurus is an online platform that allows car buyers and sellers to search for new and used cars, compare prices, read reviews and research relevant automotive information.

However, since then, the stock has steadily declined, even with numerous acquisitions and strategic partnerships. This has resulted in losses for shareholders who invested five years ago. As the company continues to face challenges in growing its user base, it remains to be seen if it will be able to turn things around and reward its investors.

Share Price

This increase of 0.2% from the prior closing price of 17.8 was not enough to offset the losses experienced in the company’s stock over the past five years. Many investors have been left feeling frustrated and disappointed with CARGURUS’ lack of success in recent years. The company’s stock has failed to reach the heights it once achieved, leaving investors feeling like they may never see a return on their investment. Despite this, many remain hopeful that CARGURUS will be able to turn itself around in the coming years and reward its shareholders with a more favorable performance. CarGurus_Shareholders_See_Losses_After_Five_Years”>Live Quote…

About the Company

Income Snapshot

Below shows the total revenue, net income and net margin for Cargurus. CarGurus_Shareholders_See_Losses_After_Five_Years”>More…

Cash Flow Snapshot

Below shows the cash from operations, investing and financing for Cargurus. CarGurus_Shareholders_See_Losses_After_Five_Years”>More…

Balance Sheet Snapshot

Below shows the total assets, liabilities and book value per share for Cargurus. CarGurus_Shareholders_See_Losses_After_Five_Years”>More…

Key Ratios Snapshot

Some of the financial key ratios for Cargurus are shown below. CarGurus_Shareholders_See_Losses_After_Five_Years”>More…

Analysis

GoodWhale has analyzed the financials of CARGURUS, and according to our Star Chart, the company is strong in asset, growth, and profitability but weak in dividend. We have classified CARGURUS as a ‘rhino’ – a type of company we conclude that has achieved moderate revenue or earnings growth. CARGURUS has a high health score of 10/10 with regard to its cashflows and debt, indicating its capability to pay off debt and fund future operations. This may be of particular interest to investors looking for a company that is stable and dependable. The moderate growth prospects of CARGURUS also make it an attractive investment for those looking for a moderate-risk return on their capital. CarGurus_Shareholders_See_Losses_After_Five_Years”>More…

Peers

In the online automotive marketplace, CarGurus Inc competes with Liberty TripAdvisor Holdings Inc, Points.com Inc, and Camplify Holdings Ltd. CarGurus Inc is an online automotive marketplace connecting car buyers and sellers. Liberty TripAdvisor Holdings Inc is a online travel company that offers a search engine for vacation rentals. Points.com Inc is a provider of loyalty programs. Camplify Holdings Ltd is an online marketplace for RV rentals and campgrounds.

– Liberty TripAdvisor Holdings Inc ($NASDAQ:LTRPA)

Liberty TripAdvisor Holdings Inc is a online travel company. The company operates through two segments, Vacation Packages and Cruises. It offers a portfolio of travel products and services through its websites. The company was founded in 2008 and is headquartered in Denver, Colorado.

Summary

Investing in CarGurus five years ago may have proven to be a poor decision for shareholders, as the company has seen its stock price decline since then. However, the company has been able to maintain strong financials, with revenue and earnings increasing year over year. CarGurus remains a leader in the online automotive industry, providing consumers with an extensive array of inventory and online tools to assist them in their car buying process. Although CarGurus has seen its stock price decrease in recent years, analysts anticipate that the company will continue to be a viable investment option going forward, as the automotive industry continues to shift towards digital sales.