NEW YORK, Dec. 13, 2017 /PRNewswire/ -- In keeping with the commitment to dynamically provide members with timely information, WallStEquities.com has issued free tailored Stock Review on PAG, CVNA, CARG, and CPRT which is a click away at www.wallstequities.com/registration. Featured today on WallStEquities.com is the Auto Dealerships industry, which comprises companies that are engaged in retail sales of new and used passenger cars, light trucks, SUVs, and passenger and cargo vans. Equities under observation this morning are: Penske Automotive Group Inc. (NYSE: PAG), Carvana Co. (NYSE: CVNA), CarGurus Inc. (NASDAQ: CARG), and Copart Inc. (NASDAQ: CPRT). Wall St. Equities has a wide array of free research reports which include today's stock picks, register now to access them at:
Penske Automotive Group
On Tuesday, shares in Bloomfield Hills, Michigan headquartered Penske Automotive Group Inc. recorded a trading volume of 338,523 shares. The stock ended at $48.12, declining 0.23% from the last trading session. The Company's shares have gained 3.26% in the last one month and 7.27% over the previous three months. The stock is trading above its 50-day and 200-day moving averages by 2.68% and 6.92%, respectively. Furthermore, shares of Penske Automotive, which operates as a transportation services company, have a Relative Strength Index (RSI) of 55.50. Follow the link below to your free research report on PAG at:
Phoenix, Arizona headquartered Carvana Co.'s stock finished yesterday's session 3.05% higher at $21.30 with a total trading volume of 269,026 shares. The Company's shares have gained 50.11% in the last one month, 18.01% over the previous three months, and 91.89% on an YTD basis. The stock is trading above its 50-day and 200-day moving averages by 38.58% and 32.88%, respectively. Furthermore, shares of Carvana, which operates an e-commerce platform for buying used cars in the US, have an RSI of 70.95.
On December 06th, 2017, Carvana announced its expansion into Tucson, the Company's second market in Arizona. Area residents can shop more than 8,000 vehicles, finance, purchase, and even trade in an old car in as little as ten minutes from the comfort of home or on the go from their mobile device - all with free, as-soon-as-next-day vehicle delivery.
On December 08th, 2017, research firm Deutsche Bank downgraded the Company's stock rating from 'Buy' to 'Hold' while revising its previous target price from $22 a share to $23.50 a share. The free technical report on CVNA can be accessed at:
At the close of trading on Tuesday, shares in Cambridge, Massachusetts headquartered CarGurus Inc. saw a decline of 2.49%, ending the day at $29.80. The stock recorded a trading volume of 187,520 shares. The Company's shares have advanced 2.87% in the last one month and 8.05% since the start of this year. Moreover, shares of CarGurus, which operates an online automotive marketplace connecting buyers and sellers of new and used cars worldwide, have an RSI of 50.60.
On November 15th, 2017, research firm RBC Capital Markets reiterated its 'Sector Perform' rating on the Company's stock with an increase of the target price from $33 a share to $34 a share. Sign up for free on Wall St. Equities and claim the latest report on CARG at:
Dallas, Texas headquartered Copart Inc.'s shares ended the day 0.46% lower at $43.70. A total volume of 1.37 million shares was traded, which was above their three months average volume of 1.23 million shares. The stock has surged 21.90% in the last month, 33.23% over the previous three months, and 57.73% on an YTD basis. The Company's shares are trading 15.91% above their 50-day moving average and 33.10% above their 200-day moving average. Additionally, shares of Copart, which provides online auctions and vehicle remarketing services, have an RSI of 78.52.
On November 21st, 2017, Copart reported its financial results for the three months ended October 31st, 2017. Revenue for Q1 FY18 was $419.2 million, gross margin was $163.3 million, and net income was $77.5 million. Cash and cash equivalents at the end of the period totaled $224.2 million.
On November 24th, 2017, research firm JP Morgan reiterated its 'Neutral' rating on the Company's stock with an increase of the target price from $35 a share to $41 a share. See the free research coverage on CPRT at:
Wall St. Equities:
Wall St. Equities (WSE) produces regular sponsored and non-sponsored reports, articles, stock market blogs, and popular investment newsletters covering equities listed on NYSE and NASDAQ and micro-cap stocks. WSE has two distinct and independent departments. One department produces non-sponsored analyst certified content generally in the form of press releases, articles and reports covering equities listed on NYSE and NASDAQ and the other produces sponsored content (in most cases not reviewed by a registered analyst), which typically consists of compensated investment newsletters, articles and reports covering listed stocks and micro-caps. Such sponsored content is outside the scope of procedures detailed below.
WSE has not been compensated; directly or indirectly; for producing or publishing this document.
PRESS RELEASE PROCEDURES:
The non-sponsored content contained herein has been prepared by a writer (the "Author") and is fact checked and reviewed by a third-party research service company (the "Reviewer") represented by a credentialed financial analyst [for further information on analyst credentials, please email email@example.com. Rohit Tuli, a CFA® charterholder (the "Sponsor"), provides necessary guidance in preparing the document templates. The Reviewer has reviewed and revised the content, as necessary, based on publicly available information which is believed to be reliable. Content is researched, written and reviewed on a reasonable-effort basis. The Reviewer has not performed any independent investigations or forensic audits to validate the information herein. The Reviewer has only independently reviewed the information provided by the Author according to the procedures outlined by WSE. WSE is not entitled to veto or interfere in the application of such procedures by the third-party research service company to the articles, documents or reports, as the case may be. Unless otherwise noted, any content outside of this document has no association with the Author or the Reviewer in any way.
WSE, the Author, and the Reviewer are not responsible for any error which may be occasioned at the time of printing of this document or any error, mistake or shortcoming. No liability is accepted whatsoever for any direct, indirect or consequential loss arising from the use of this document. WSE, the Author, and the Reviewer expressly disclaim any fiduciary responsibility or liability for any consequences, financial or otherwise arising from any reliance placed on the information in this document. Additionally, WSE, the Author, and the Reviewer do not (1) guarantee the accuracy, timeliness, completeness or correct sequencing of the information, or (2) warrant any results from use of the information. The included information is subject to change without notice.
NOT AN OFFERING
This document is not intended as an offering, recommendation, or a solicitation of an offer to buy or sell the securities mentioned or discussed, and is to be used for informational purposes only. Please read all associated disclosures and disclaimers in full before investing. Neither WSE nor any party affiliated with us is a registered investment adviser or broker-dealer with any agency or in any jurisdiction whatsoever. To download our report(s), read our disclosures, or for more information, visit
For any questions, inquiries, or comments reach out to us directly. If you're a company, we are covering and wish to no longer feature on our coverage list contact us via email and/or phone between 09:30 EDT to 16:00 EDT from Monday to Friday at:
Phone number: +21-32-044-483
Office Address: 1 Scotts Road #24-10, Shaw Center Singapore 228
CFA® and Chartered Financial Analyst® are registered trademarks owned by CFA Institute.
SOURCE Wall St. Equities