Ticker name:CARGCarGurus, Inc.

Country: US-Sector: Consumer Cyclical, Industry: Auto - Dealerships

CarGurus, Inc., established in Boston, Massachusetts, in 2005, manages a prominent online ecosystem for vehicle transactions, serving both buyers and sellers across the United States and internationally. The company's operations are divided into two main segments: the U.S. Marketplace and Digital Wholesale. Essentially, CarGurus offers an expansive digital automotive marketplace where individuals can search for new and pre-owned vehicle listings from numerous dealerships. Simultaneously, it empowers dealers by linking them with a vast, engaged consumer base and supplying them with practical, data-driven market intelligence. The platform provides an array of specialized features to simplify the car buying and selling journey. For instance, "Digital Deal" allows prospective buyers to begin their purchase directly from a vehicle's detailed listing, while "Finance in Advance" enables qualified consumers to secure pre-approved financing from partnering dealerships. For individuals looking to sell their vehicles, CarGurus offers "Sell My Car – Top Dealer Offers," where dealers present customized trade-in valuations, and "Sell My Car – Instant Max Cash Offer," which facilitates quick online sales of consumer vehicles to dealerships. Furthermore, CarGurus delivers various products to its dealership partners, including listing enhancements and analytical data tools. It also presents advertising avenues for automotive manufacturers and other businesses, focusing on strategies like brand reinforcement, category sponsorship, exclusive automobile segment positioning, and targeted consumer exposure. The company expands its reach through additional platforms such as Autolist, another online automotive marketplace accessible via mobile apps and its website, and PistonHeads, a comprehensive automotive hub featuring a marketplace, an auction platform, and editorial content for car enthusiasts. CarGurus, Inc. adopted its current name in June 2015, having previously operated as CarGurus LLC.

Market Cap 3.2B

Last close 35.16$

Key metrics

Largest 20 companies In Auto - Dealerships

# PositionTickerCompany NameMarket CapLast PriceAction
1CVNACARVANA CO.70B64.14$
2PAGPENSKE AUTOMOTIVE GROUP, INC.13B195.5$
3KMXCARMAX INC7.9B55.91$
4LADLITHIA MOTORS INC7.4B325.18$
5ANAUTONATION, INC.6.6B197.91$
6RUSHARUSH ENTERPRISES INC \TX\5.8B74.92$
7OPLNOPENLANE, Inc.4.1B38.54$
8GPIGROUP 1 AUTOMOTIVE INC3.6B305.95$
9CARGCarGurus, Inc.3.2B35.16$
10SAHSONIC AUTOMOTIVE INC3B96.34$
11DRVNDriven Brands Holdings Inc.2.4B14.75$
12ACVAACV Auctions Inc.1.3B7.41$
13CWHCamping World Holdings, Inc.620M6.02$
14UXINUxin Ltd335M1.525$
15RDNWRideNow Group, Inc.225M5.83$
16KXINKaixin Holdings116M5.79$
17SDASunCar Technology Group Inc.86M0.818$
18VRMVroom, Inc.37M7.07$
19CRMTAMERICAS CARMART INC29M3.45$
20UCARU Power Ltd28M1.1$