CAR News: At AU$28.45, Is carsales.com Ltd (ASX:CAR) Worth Looking At Closely? - 23rd Oct 2023, 2:19pm

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carsales.com Ltd (ASX:CAR), is not the largest company out there, but it led the ASX gainers with a relatively large price hike in the past couple of weeks. As a mid-cap stock with high coverage by analysts, you could assume any recent changes in the company’s outlook is already priced into the stock. However, what if the stock is still a bargain? Let’s examine carsales.com’s valuation and outlook in more detail to determine if there’s still a bargain opportunity.

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