CarGurus, Inc. (CARG) Forms $32.44 Double Top; Cubic (CUB) Covered By 7 Bulls

CarGurus, Inc. (CARG) formed double top with $33.74 target or 4.00% above today’s $32.44 share price. CarGurus, Inc. (CARG) has $3.44 billion valuation. The stock decreased 0.31% or $0.1 during the last trading session, reaching $32.44. About 46,433 shares traded. CarGurus, Inc. (NASDAQ:CARG) has 0.00% since April 17, 2017 and is . It has underperformed by 11.55% the S&P500.

Among 9 analysts covering Cubic Corporation (NYSE:CUB), 7 have Buy rating, 0 Sell and 2 Hold. Therefore 78% are positive. Cubic Corporation had 21 analyst reports since September 17, 2015 according to SRatingsIntel. Canaccord Genuity maintained the shares of CUB in report on Friday, August 4 with “Buy” rating. The rating was upgraded by J.P. Morgan on Thursday, August 10 to “Buy”. The stock of Cubic Corporation (NYSE:CUB) has “Buy” rating given on Monday, September 25 by Canaccord Genuity. Canaccord Genuity maintained Cubic Corporation (NYSE:CUB) rating on Friday, October 27. Canaccord Genuity has “Buy” rating and $55.0 target. The firm earned “Buy” rating on Wednesday, September 27 by Needham. Credit Suisse upgraded the shares of CUB in report on Thursday, September 17 to “Outperform” rating. JP Morgan upgraded Cubic Corporation (NYSE:CUB) on Thursday, August 10 to “Overweight” rating. Needham maintained it with “Buy” rating and $55.0 target in Friday, February 10 report. On Monday, November 27 the stock rating was downgraded by JP Morgan to “Neutral”. As per Wednesday, October 11, the company rating was maintained by Credit Suisse. See Cubic Corporation (NYSE:CUB) latest ratings:

27/11/2017 Broker: J.P. Morgan Rating: Hold New Target: $59.0 Downgrade
27/11/2017 Broker: JP Morgan Old Rating: Overweight New Rating: Neutral Downgrade
21/11/2017 Broker: Canaccord Genuity Rating: Buy New Target: $64.0 Maintain
27/10/2017 Broker: Canaccord Genuity Rating: Buy New Target: $55.0 Maintain

Analysts await CarGurus, Inc. (NASDAQ:CARG) to report earnings on June, 7. CARG’s profit will be $1.06 million for 811.00 P/E if the $0.01 EPS becomes a reality. After $0.02 actual earnings per share reported by CarGurus, Inc. for the previous quarter, Wall Street now forecasts -50.00% negative EPS growth.

The stock increased 0.63% or $0.4 during the last trading session, reaching $64.1. About 46,057 shares traded. Cubic Corporation (NYSE:CUB) has risen 20.61% since April 17, 2017 and is uptrending. It has outperformed by 9.06% the S&P500.

Cubic Corporation provides systems and solutions for the transportation and defense markets in the United States and internationally. The company has market cap of $1.75 billion. It operates through three divisions: Cubic Transportation Systems , Cubic Global Defense Systems (CGD Systems), and Cubic Global Defense Services (CGD Services). It currently has negative earnings. The CTS segment provides fare collection and revenue management devices, software, systems and multiagency, multimodal integration technologies, and operational services for transportation authorities and operators.

Cubic Corporation (NYSE:CUB) Institutional Positions Chart