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CarGurus (CARG) Adds Price Transparency Tools, Is The Stock Still Cheap?

CarGurus (CARG) Adds Price Transparency Tools, Is The Stock Still Cheap?

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CarGurus (CARG) recently introduced new price transparency features that require dealers to disclose mandatory fees and update Deal Ratings and badges on used vehicles, a move that could shape how investors view the stock’s marketplace positioning.

See our latest analysis for CarGurus.

CarGurus’ new transparency push comes as the stock trades at US$35.16, with a 30-day share price return of 17.12% following earlier 90-day and year to date share price declines of 7.13% and 6.61%. The 3-year total shareholder return of 54.82% points to stronger longer term momentum than the past year’s 5.84%…

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