Hope on the Horizon: CarGurus Q1 2024 Report Reveals Inventory and Demand are Rebounding as Prices Improve [Yahoo! Finance]
CarGurus, Inc. - Class A (CARG)
Last cargurus, inc. - class a earnings: 2/13 04:05 pm
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Source: Yahoo! Finance
CAMBRIDGE, Mass., April 08, 2024 (GLOBE NEWSWIRE) -- CarGurus (Nasdaq: CARG), the No. 1 visited digital auto platform for shopping, buying, and selling new and used vehicles , today released its Quarterly Review for Q1 2024, giving buyers, sellers, and dealers a view into the key trends influencing pricing, inventory, and demand for new and used vehicles so far this year. “Rebounding inventory and moderating prices are fueling pent-up demand in spite of high interest rates. Our research shows sales for both new and used vehicles are, so far, outpacing last year's levels,” said Kevin Roberts, Director of Industry Insights & Analytics at CarGurus. “While it's still challenging to find that elusive affordable car, there's hope for additional price declines as prices normalize closer to inflation-adjusted levels. We won't see a return to pre-COVID pricing, but data indicates there is room for average prices to decline by about 14% for used models and 7% for new, with the potential to d
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News
- 1 Unstoppable Stock That's Skyrocketed Nearly 1,400% Since the Start of 2023: Don't Buy and Hold Until You Know These 3 Risks [Yahoo! Finance]Yahoo! Finance
- CarGurus To Report First Quarter 2024 Financial ResultsGlobeNewswire
- CarGurus, Inc. (NASDAQ: CARG) had its "market perform" rating re-affirmed by analysts at JMP Securities.MarketBeat
- The five-year shareholder returns and company earnings persist lower as CarGurus (NASDAQ:CARG) stock falls a further 4.2% in past week [Yahoo! Finance]Yahoo! Finance
- CarGurus: Repositioned For Growth [Seeking Alpha]Seeking Alpha
CARG
Earnings
- 2/26/24 - Beat
CARG
Sec Filings
- 4/26/24 - Form ARS
- 4/26/24 - Form DEFA14A
- 4/26/24 - Form DEF
- CARG's page on the SEC website