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0.00051982314833962 -0.00115702571727219 -0.00227492496101332 -0.0012967631227399 -0.00283387458288399 0.00100890406747633 -0.0045107234484956 -0.0045107234484956
Stock impact report

Earnings Estimates Rising for CarGurus (CARG): Will It Gain? [Yahoo! Finance]

CarGurus, Inc. - Class A (CARG) 
Last cargurus, inc. - class a earnings: 2/13 04:05 pm Check Earnings Report
US:NASDAQ Investor Relations: investors.cargurus.com/investor-relations
Company Research Source: Yahoo! Finance
The stock has been a strong performer lately, and the momentum might continue with analysts still raising their earnings estimates for the company. The upward trend in estimate revisions for this online auto shopping platform reflects growing optimism of analysts on its earnings prospects, which should get reflected in its stock price. After all, empirical research shows a strong correlation between trends in earnings estimate revisions and near-term stock price movements. Our stock rating tool -- the Zacks Rank -- is principally built on this insight. The five-grade Zacks Rank system, which ranges from a Zacks Rank #1 (Strong Buy) to a Zacks Rank #5 (Strong Sell), has an impressive externally-audited track record of outperformance, with Zacks #1 Ranked stocks generating an average annual return of +25% since 2008. Consensus earnings estimates for the next quarter and full year have moved considerably higher for CarGurus, as there has been strong agreement among the covering ana Show less Read more
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