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:
TipRanks, an independent third party, provides analysis data from financial analysts and calculates the Average Returns and Success Rates of the analysts' recommendations. The information presented is not an investment recommendation and is intended for informational purposes only.
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.
TipRanks provides a ranking of each analyst up to 5 stars, which is representative of all recommendations from the analyst. An analyst's past performance is evaluated on a scale of 1 to 5 stars, with more stars indicating better performance. The star level is determined by his/her total success rate and average return.
萊利金融分析師Naved Khan維持$CarGurus (CARG.US)$買入評級，並將目標價從30美元上調至40美元。
根據TipRanks數據顯示，該分析師近一年總勝率為63.3%，總平均回報率為19.8%。
此外，綜合報道，$CarGurus (CARG.US)$近期主要分析師觀點如下：
CarGurus第三季度的業績顯示，息稅折舊攤銷前利潤表現強勁，這是連續第八個季度的息稅折舊攤銷前利潤跑贏大盤。這種表現歸因於市場收入的大幅增加，這凸顯了CarGurus近年來有效的產品開發舉措。
CarGurus的核心市場一直表現出令人印象深刻的表現。CarOffer出現了進展的跡象，市場結構的積極變化正在促進利潤率的提高。此外，該公司的資本回報率正在加速。
該公司最近公佈了強勁的季度業績，並提供了強有力的指導。分析師指出，市場份額持續增加，利潤率大幅擴大，CarGurus創造了可觀的現金流。
提示:
TipRanks為獨立第三方，提供金融分析師的分析數據，並計算分析師推薦的平均回報率和勝率。提供的信息並非投資建議，僅供参考。本文不對評級數據和報告的完整性與準確性做出認可、聲明或保證。
TipRanks提供每位分析師的星級，分析師星級代表分析師所有推薦的過往表現，通過分析師的總勝率和平均回報率综合計算得出，星星越多，則該分析師過往表現越優異，最高爲5颗星。
分析師總勝率為近一年分析師的評級成功次數占總評級次數的比率。評级的成功與否，取決於TipRanks的虚擬投資組合是否從該股票中產生正回報。
總平均回報率為基於分析師的初始評級創建虚擬投資組合，並根據評級變化對組合進行調整，在近一年中該投資組合所獲得的回報率。
