Carvana (CVNA) to Release Quarterly Earnings on Wednesday

Carvana (NYSE:CVNA - Get Free Report) is projected to release its Q2 2025 earnings data after the market closes on Wednesday, July 30th. Analysts expect Carvana to post earnings of $1.09 per share and revenue of $4.54 billion for the quarter.

Carvana (NYSE:CVNA - Get Free Report) last issued its quarterly earnings results on Wednesday, May 7th. The company reported $1.51 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.75 by $0.76. Carvana had a return on equity of 44.86% and a net margin of 2.68%. The company had revenue of $4.23 billion for the quarter, compared to analyst estimates of $3.94 billion. During the same quarter last year, the company posted $0.23 EPS. The company's revenue for the quarter was up 38.3% compared to the same quarter last year. On average, analysts expect Carvana to post $3 EPS for the current fiscal year and $5 EPS for the next fiscal year.

Carvana Price Performance

Shares of CVNA stock traded up $5.58 on Friday, hitting $331.67. 2,065,059 shares of the company's stock were exchanged, compared to its average volume of 2,795,500. The company has a 50 day moving average of $328.40 and a 200 day moving average of $262.44. The stock has a market cap of $71.02 billion, a P/E ratio of 116.38, a price-to-earnings-growth ratio of 1.28 and a beta of 3.59. The company has a debt-to-equity ratio of 2.97, a current ratio of 3.81 and a quick ratio of 2.70. Carvana has a 12 month low of $118.50 and a 12 month high of $364.00.

Analyst Ratings Changes

CVNA has been the topic of several research reports. Royal Bank Of Canada lifted their price target on shares of Carvana from $320.00 to $340.00 and gave the company an "outperform" rating in a report on Thursday, May 8th. JMP Securities set a $440.00 target price on shares of Carvana and gave the stock a "market outperform" rating in a research note on Wednesday, July 2nd. Piper Sandler set a $340.00 price target on shares of Carvana and gave the stock an "overweight" rating in a report on Thursday, May 22nd. William Blair reiterated an "outperform" rating on shares of Carvana in a research note on Wednesday. Finally, Gordon Haskett initiated coverage on Carvana in a research report on Monday, July 14th. They set a "hold" rating and a $329.00 price objective on the stock. Seven analysts have rated the stock with a hold rating and fourteen have given a buy rating to the company's stock. According to data from MarketBeat.com, Carvana has an average rating of "Moderate Buy" and a consensus price target of $318.16.

Insider Activity at Carvana

In related news, insider Daniel J. Gill sold 70,166 shares of the business's stock in a transaction on Thursday, May 8th. The shares were sold at an average price of $281.43, for a total value of $19,746,817.38. Following the transaction, the insider owned 201,087 shares in the company, valued at $56,591,914.41. The trade was a 25.87% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, major shareholder Ernest C. Garcia II sold 100,000 shares of the business's stock in a transaction on Friday, June 6th. The shares were sold at an average price of $346.99, for a total transaction of $34,699,000.00. Following the completion of the transaction, the insider owned 37,092,317 shares in the company, valued at approximately $12,870,663,075.83. The trade was a 0.27% decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 2,171,515 shares of company stock worth $719,730,548 over the last quarter. Company insiders own 17.12% of the company's stock.

Institutional Inflows and Outflows

A hedge fund recently raised its stake in Carvana stock. Royal Bank of Canada increased its stake in shares of Carvana Co. (NYSE:CVNA - Free Report) by 40.8% during the 1st quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 29,867 shares of the company's stock after acquiring an additional 8,654 shares during the quarter. Royal Bank of Canada's holdings in Carvana were worth $6,243,000 at the end of the most recent quarter. Institutional investors own 56.71% of the company's stock.

About Carvana

Carvana Co, together with its subsidiaries, operates an e-commerce platform for buying and selling used cars in the United States. Its platform allows customers to research and identify a vehicle; inspect it using company's 360-degree vehicle imaging technology; obtain financing and warranty coverage; purchase the vehicle; and schedule delivery or pick-up from their desktop or mobile devices.