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Carvana Stock Price, Forecast & Analysis (NYSE:CVNA)

$78.20
+0.71 (+0.92 %)
(As of 11/13/2019 04:46 AM ET)
Today's Range
$77.21
Now: $78.20
$80.68
50-Day Range
$63.34
MA: $74.26
$84.64
52-Week Range
$28.44
Now: $78.20
$85.97
Volume1.63 million shs
Average Volume1.69 million shs
Market Capitalization$11.82 billion
P/E RatioN/A
Dividend YieldN/A
Beta2.2
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 proprietary 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. Read More…

Industry, Sector and Symbol

Industry Automotive dealers & gasoline service stations
Sub-IndustryN/A
SectorRetail/Wholesale
Previous SymbolNASDAQ:CVNA
CUSIPN/A
Phone480-719-8809

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$1.96 billion
Book Value$1.56 per share

Profitability

Net Income$-61,750,000.00

Miscellaneous

Employees3,879
Market Cap$11.82 billion
Next Earnings Date2/26/2020 (Estimated)
OptionableOptionable

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Carvana (NYSE:CVNA) Frequently Asked Questions

What is Carvana's stock symbol?

Carvana trades on the New York Stock Exchange (NYSE) under the ticker symbol "CVNA."

How were Carvana's earnings last quarter?

Carvana Co (NYSE:CVNA) released its quarterly earnings results on Wednesday, November, 6th. The company reported ($0.56) earnings per share (EPS) for the quarter, missing analysts' consensus estimates of ($0.39) by $0.17. The company earned $1.09 billion during the quarter, compared to analysts' expectations of $997.46 million. Carvana had a negative net margin of 3.59% and a negative return on equity of 57.46%. Carvana's revenue was up 104.7% on a year-over-year basis. During the same period last year, the firm posted ($0.40) earnings per share. View Carvana's Earnings History.

When is Carvana's next earnings date?

Carvana is scheduled to release their next quarterly earnings announcement on Wednesday, February 26th 2020. View Earnings Estimates for Carvana.

What price target have analysts set for CVNA?

16 equities research analysts have issued twelve-month price objectives for Carvana's shares. Their forecasts range from $30.00 to $105.00. On average, they anticipate Carvana's stock price to reach $78.93 in the next twelve months. This suggests a possible upside of 0.9% from the stock's current price. View Analyst Price Targets for Carvana.

What is the consensus analysts' recommendation for Carvana?

16 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Carvana in the last year. There are currently 1 sell rating, 6 hold ratings and 9 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Carvana.

What are Wall Street analysts saying about Carvana stock?

Here are some recent quotes from research analysts about Carvana stock:
  • 1. According to Zacks Investment Research, "Carvana Co. provide eCommerce platform for buying used cars. Carvana Co. is headquartered in Phoenix, Arizona. " (11/11/2019)
  • 2. Barrington Research analysts commented, "We believe Q2/19 results should continue to exhibit solid growth characteristics due to industry-wide used vehicle sales growth, continued acceptance of the company’s E- Commerce model and new market launches." (8/5/2019)
  • 3. Wells Fargo & Co analysts commented, "We discussed the industry with Mark Jenkins, CFO of CVNA, and George Arison, Founder and Co-CEO of privately-held Shift, and came away bullish on the potential for accelerating consumer adoption of buying/selling cars online." (7/1/2019)

Has Carvana been receiving favorable news coverage?

Press coverage about CVNA stock has been trending very negative this week, InfoTrie Sentiment reports. InfoTrie scores the sentiment of news coverage by reviewing more than six thousand blog and news sources. The firm ranks coverage of companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Carvana earned a daily sentiment score of -3.2 on InfoTrie's scale. They also assigned headlines about the company a news buzz of 10.0 out of 10, meaning that recent news coverage is extremely likely to have an impact on the company's share price in the near term. View News Stories for Carvana.

Who are some of Carvana's key competitors?

What other stocks do shareholders of Carvana own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Carvana investors own include Bank of America (BAC), NVIDIA (NVDA), Micron Technology (MU), Alibaba Group (BABA), salesforce.com (CRM), Walt Disney (DIS), Paypal (PYPL), CVS Health (CVS), Square (SQ) and Starbucks (SBUX).

Who are Carvana's key executives?

Carvana's management team includes the folowing people:
  • Mr. Ernest C. Garcia III, Founder, Pres, CEO & Chairman (Age 36)
  • Mr. Mark Jenkins, Chief Financial Officer (Age 40)
  • Mr. Benjamin Huston, Chief Operating Officer (Age 36)
  • Mr. Ryan S. Keeton, Chief Brand Officer (Age 41)
  • Mr. Daniel Gill, Chief Product Officer (Age 36)

When did Carvana IPO?

(CVNA) raised $225 million in an initial public offering (IPO) on Friday, April 28th 2017. The company issued 15,000,000 shares at $14.00-$16.00 per share. Wells Fargo Securities, BofA Merrill Lynch, Citigroup and Deutsche Bank Securities acted as the underwriters for the IPO and Baird, William Blair, BMO Capital Markets and JMP Securities were co-managers.

Who are Carvana's major shareholders?

Carvana's stock is owned by many different of institutional and retail investors. Top institutional investors include First Trust Advisors LP (0.19%), Chicago Capital LLC (0.17%), California Public Employees Retirement System (0.06%), Covey Capital Advisors LLC (0.05%), Janney Montgomery Scott LLC (0.04%) and Hennessy Advisors Inc. (0.03%). Company insiders that own Carvana stock include 2014 Fidel Family Trust Dated, Benjamin E Huston, Cvan Holdings Llc, Daniel J Gill, Ddfs Partnership Lp, Ernest C Garcia II, Goodnow Investment Group, Llc, Ira J Platt, Mark W Jenkins, Michael E Maroone, Paul W Breaux, Ryan S Keeton and Spruce House Partnership Lp. View Institutional Ownership Trends for Carvana.

Which institutional investors are selling Carvana stock?

CVNA stock was sold by a variety of institutional investors in the last quarter, including Catalyst Capital Advisors LLC, Requisite Capital Management LLC, Taylor Frigon Capital Management LLC, SG Americas Securities LLC, Rational Advisors LLC, Keybank National Association OH, Envestnet Asset Management Inc. and Hennessy Advisors Inc.. Company insiders that have sold Carvana company stock in the last year include Benjamin E Huston, Daniel J Gill, Ernest C Garcia II, Ira J Platt, Mark W Jenkins, Paul W Breaux and Ryan S Keeton. View Insider Buying and Selling for Carvana.

Which institutional investors are buying Carvana stock?

CVNA stock was purchased by a variety of institutional investors in the last quarter, including First Trust Advisors LP, California Public Employees Retirement System, Janney Montgomery Scott LLC, State of New Jersey Common Pension Fund D, Tuttle Tactical Management, Lenox Wealth Advisors LLC, Oppenheimer & Co. Inc. and BBVA USA Bancshares Inc.. Company insiders that have bought Carvana stock in the last two years include Goodnow Investment Group, Llc, Michael E Maroone and Spruce House Partnership Lp. View Insider Buying and Selling for Carvana.

How do I buy shares of Carvana?

Shares of CVNA can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity and Charles Schwab.

What is Carvana's stock price today?

One share of CVNA stock can currently be purchased for approximately $78.20.

How big of a company is Carvana?

Carvana has a market capitalization of $11.82 billion and generates $1.96 billion in revenue each year. The company earns $-61,750,000.00 in net income (profit) each year or ($1.73) on an earnings per share basis. Carvana employs 3,879 workers across the globe.View Additional Information About Carvana.

What is Carvana's official website?

The official website for Carvana is http://www.carvana.com/.

How can I contact Carvana?

Carvana's mailing address is 1930 WEST RIO SALADO PARKWAY, TEMPE AZ, 85281. The company can be reached via phone at 480-719-8809 or via email at [email protected]


MarketBeat Community Rating for Carvana (NYSE CVNA)

Community Ranking:  2.6 out of 5 (star star)
Outperform Votes:  356 (Vote Outperform)
Underperform Votes:  338 (Vote Underperform)
Total Votes:  694
MarketBeat's community ratings are surveys of what our community members think about Carvana and other stocks. Vote "Outperform" if you believe CVNA will outperform the S&P 500 over the long term. Vote "Underperform" if you believe CVNA will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 11/13/2019 by MarketBeat.com Staff

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