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Carvana Co (CVNA)
NYSE:CVNA
Carvana Co (CVNA) Stock Price & Analysis
2,626 Followers
CVNA Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$8.86 - $129.00
Previous Close$122.97
Volume5.12M
Average Volume (3M)6.61M
Market Cap
$24.83B
Enterprise Value$30.02B
Total Cash (Recent Filing)$640.00M
Total Debt (Recent Filing)$6.44B
Price to Earnings (P/E)49.5
Beta4.58
Next Earnings
Aug 01, 2024EPS Estimate
-$0.12Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)2.48
Shares Outstanding202,566,719
10 Day Avg. Volume7,786,573
30 Day Avg. Volume6,613,195
Standard Deviation0.36
R-Squared0.24
Alpha0.02
Financial Highlights & Ratios
Price to Book (P/B)102.27
Price to Sales (P/S)4.70
Price to Cash Flow (P/CF)61.00
P/FCF Ratio33.50
Enterprise Value/Market CapN/A
Enterprise Value/Revenue2.94
Enterprise Value/Gross Profit17.42
Enterprise Value/Ebitda1.43K
Forecast
1Y Price Target
$98.08Price Target Upside-15.93% Downside
Rating ConsensusHold
Number of Analyst Covering17
Carvana Co News
Bulls Say, Bears Say
Bulls Say
Company PerformanceCarvana Co. reported solid quarterly results, outperforming on both top and bottom lines, driven by strong customer demand.
Market Position & Growth PotentialAnalyst maintains a Market Outperform rating for Carvana, highlighting its status as a leading force in used auto retailing with a clear path to further growth and unit sales.
Strategic Financial ManagementWith a strong liquidity position, Carvana has the flexibility for potential refinancings to reduce interest payments and bolster net earnings.
Bears Say
Debt And Financial RisksSignificant debt on the balance sheet and execution risk on returning to sustainably positive operating leverage when they return to growth keep the analyst Underweight.
Revenue ConcernsCNVA revenue declines 8% y/y, as cost efficiency measures continue to affect revenue alongside broader industry demand headwinds related to elevated interest rates.
Valuation ChallengesStock price may have reached its near-term ceiling with shares up significantly, leading to a premium valuation compared to peers.
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Ownership Overview
Currently, No data available
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Risk Analysis
Main Risk Category
Finance & CorporateFinancial and accounting risks. Risks related to the execution of corporate activity and strategy
Website Traffic
The estimated number of people who visited one or more of the websites owned by Carvana Co
Desktop Users
Mobile Users
CVNA FAQ
What was Carvana Co’s price range in the past 12 months?
Carvana Co lowest stock price was $8.86 and its highest was $129.00 in the past 12 months.
What is Carvana Co’s market cap?
Currently, no data Available
When is Carvana Co’s upcoming earnings report date?
Carvana Co’s upcoming earnings report date is Aug 01, 2024 which is in 85 days.
How were Carvana Co’s earnings last quarter?
Carvana Co released its earnings results on May 01, 2024. The company reported $0.23 earnings per share for the quarter, beating the consensus estimate of -$0.672 by $0.902.
Is Carvana Co overvalued?
According to Wall Street analysts Carvana Co’s price is currently Overvalued.
Does Carvana Co pay dividends?
Carvana Co does not currently pay dividends.
What is Carvana Co’s EPS estimate?
Carvana Co’s EPS estimate is -$0.12.
How many shares outstanding does Carvana Co have?
Carvana Co has 116,279,730 shares outstanding.
What happened to Carvana Co’s price movement after its last earnings report?
Carvana Co reported an EPS of $0.23 in its last earnings report, beating expectations of -$0.672. Following the earnings report the stock price went up 33.77%.
Which hedge fund is a major shareholder of Carvana Co?
Among the largest hedge funds holding Carvana Co’s share is Spruce House Investment Management Llc. It holds Carvana Co’s shares valued at 502M.
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Carvana Co Stock Smart Score
Neutral
1
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9
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Analyst Consensus
Hold
Average Price Target:
$98.08 (-15.93% Downside)
$98.08 (-15.93% Downside)
Blogger Sentiment
Neutral
CVNA Sentiment 55%
Sector Average 67%
Sector Average 67%
Hedge Fund Trend
Decreased
By 938.4K Shares
Last Quarter.
Last Quarter.
Insider Transactions
Sold Shares
Worth $16.7M over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Positive
Last 7 Days ▲ 2.4%
Last 30 Days ▼ 0.4%
Last 30 Days ▼ 0.4%
News Sentiment
Very Bullish
Bullish news 83%
Bearish news 17%
Bearish news 17%
Technicals
SMA
Positive
20 days / 200 days
Momentum
1272.43%
12-Months-Change
Fundamentals
Return on Equity
―
Trailing 12-Months
Asset Growth
-19.23%
Trailing 12-Months
Company Description
Carvana Co
Founded in 2012, Arizona-based Carvana Co. is an e-commerce platform for buying and selling used cars in the United States. Carvana.com enables consumers to quickly and easily shop more than 20,000 vehicles, finance, trade-in or sell their current vehicle to Carvana, sign contracts, and schedule as-soon-as-next-day delivery or pickup at one of Carvana’s patented, automated Car Vending Machines.
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CVNA Earnings Call
Q1 2024
0:00 / 0:00
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CVNA Net sales Breakdown
69.76% Used Vehicle
23.25% Wholesale Vehicle
6.99% Other
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CVNA Stock 12 Months Forecast
Average Price Target
$98.08
▼(-15.93% Downside)
Technical Analysis
Best Analysts Covering CVNA
1 Year
1 Year Success Rate
25/29 ratings generated profit
1 Year Average Return
+212.11%
reiterated a buy rating 5 days ago
Copying Nicholas Jones CFA's trades and holding each position for 1 Year would result in 86.21% of your transactions generating a profit, with an average return of +212.11% per trade.
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