B.Riley Financial analyst Naved Khan maintains $CarGurus (CARG.US)$ with a buy rating, and adjusts the target price from $30 to $40.
According to TipRanks data, the analyst has a success rate of 63.3% and a total average return of 19.8% over the past year.
Furthermore, according to the comprehensive report, the opinions of $CarGurus (CARG.US)$'s main analysts recently are as follows:
CarGurus' Q3 results demonstrated a robust outperformance on EBITDA, representing the eighth successive quarterly EBITDA outperformance relative to consensus. This performance is attributed to a significant increase in marketplace revenue, underscoring CarGurus' effective product development initiatives over recent years.
CarGurus' core marketplace has consistently shown impressive performance. Signs of progress are emerging from CarOffer, and a positive shift in Marketplace mix is contributing to margin improvements. Additionally, the company is experiencing an acceleration in capital returns.
The company recently reported a strong quarter and provided robust guidance. Analysts note a continued market share increase, coupled with significant margin expansion and substantial cash flow generation by CarGurus.
Note:
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Success rate is the number of the analyst's successful ratings, divided by his/her total number of ratings over the past year. A successful rating is one based on if TipRanks' virtual portfolio earned a positive return from the stock. Total average return is the average rate of return that the TipRanks' virtual portfolio has earned over the past year. These portfolios are established based on the analyst's preliminary rating and are adjusted according to the changes in the rating.
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莱利金融分析师Naved Khan维持$CarGurus (CARG.US)$买入评级,并将目标价从30美元上调至40美元。
根据TipRanks数据显示,该分析师近一年总胜率为63.3%,总平均回报率为19.8%。
此外,综合报道,$CarGurus (CARG.US)$近期主要分析师观点如下:
CarGurus第三季度的业绩显示,息税折旧摊销前利润表现强劲,这是连续第八个季度的息税折旧摊销前利润跑赢大盘。这种表现归因于市场收入的大幅增加,这凸显了CarGurus近年来有效的产品开发举措。
CarGurus的核心市场一直表现出令人印象深刻的表现。CarOffer出现了进展的迹象,市场结构的积极变化正在促进利润率的提高。此外,该公司的资本回报率正在加速。
该公司最近公布了强劲的季度业绩,并提供了强有力的指导。分析师指出,市场份额持续增加,利润率大幅扩大,CarGurus创造了可观的现金流。
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