Carvana Co., together with its subsidiaries, operates an e-commerce platform for buying used cars in the United States. The company purchases, reconditions, sells, and delivers vehicles. 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. The company was founded in 2012 and is headquartered in Tempe, Arizona.
Industry, Sector and Symbol
Stock Exchange NYSE
Industry Automotive dealers & gasoline service stations
Sub-IndustryN/A
SectorRetail/Wholesale
Current SymbolNYSE:CVNA
Previous SymbolNASDAQ:CVNA
CUSIPN/A
Phone480-719-8809
Debt
Debt-to-Equity Ratio1.55
Current Ratio2.04
Quick Ratio1.30
Price-To-Earnings
Trailing P/E Ratio-28.72
Forward P/E Ratio-21.19
P/E GrowthN/A
Sales & Book Value
Annual Sales$858.87 million
Price / Sales5.83
Cash FlowN/A
Price / Cash FlowN/A
Book Value$1.37 per share
Price / Book25.36
Profitability
EPS (Most Recent Fiscal Year)($1.21)
Net Income$-18,310,000.00
Net Margins-5.01%
Return on Equity-35.13%
Return on Assets-8.68%
Miscellaneous
Employees1,864
Outstanding Shares144,060,000
Market Cap$4.63 billion
OptionableOptionable
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) issued its earnings results on Wednesday, November, 7th. The company reported ($0.40) EPS for the quarter, missing the Thomson Reuters' consensus estimate of ($0.37) by $0.03. The firm earned $535 million during the quarter, compared to the consensus estimate of $509.09 million. Carvana had a negative net margin of 5.01% and a negative return on equity of 35.13%. The firm's revenue for the quarter was up 137.8% on a year-over-year basis. During the same period in the previous year, the company posted ($0.29) EPS. View Carvana's Earnings History.
When is Carvana's next earnings date?
What price target have analysts set for CVNA?
13 equities research analysts have issued 12 month price targets for Carvana's shares. Their predictions range from $40.00 to $76.00. On average, they anticipate Carvana's share price to reach $59.70 in the next year. This suggests a possible upside of 71.8% from the stock's current price. View Analyst Price Targets for Carvana.
What is the consensus analysts' recommendation for Carvana?
13 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Carvana in the last year. There are currently 4 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. " (11/13/2018)
- 2. Barrington Research analysts commented, "We believe Q3/18 results will at least be in line with guidance ranges based on continued acceptance of the company’s e-Commerce model, as well as new market launches that enable the company to offer as soon as next day delivery in nearly 80 markets throughout the U.S. collectively serving 52.8% of the U.S. population." (11/5/2018)
Has Carvana been receiving favorable news coverage?
Media stories about CVNA stock have been trending somewhat positive on Tuesday, InfoTrie Sentiment reports. The research group identifies positive and negative news coverage by reviewing more than six thousand blog and news sources. The firm ranks coverage of publicly-traded companies on a scale of -5 to 5, with scores closest to five being the most favorable. Carvana earned a daily sentiment score of 1.9 on InfoTrie's scale. They also assigned news stories about the company a news buzz of 1.0 out of 10, indicating that recent news coverage is extremely unlikely to have an impact on the stock's share price in the immediate future.
Who are some of Carvana's key competitors?
Some companies that are related to Carvana include Copart (CPRT), CarMax (KMX), KAR Auction Services (KAR), Casey's General Stores (CASY), Penske Automotive Group (PAG), AutoNation (AN), Murphy USA (MUSA), Lithia Motors (LAD), Camping World (CWH), Asbury Automotive Group (ABG), Rush Enterprises (RUSHB), Rush Enterprises (RUSHA), Group 1 Automotive (GPI), Fincera (YUANF) and Sonic Automotive (SAH).
Who are Carvana's key executives?
Carvana's management team includes the folowing people:
- Mr. Ernest C. Garcia III, Founder, Pres, CEO & Chairman (Age 35)
- Mr. Mark Jenkins, Chief Financial Officer (Age 39)
- Mr. Benjamin Huston, Chief Operating Officer (Age 35)
- Mr. John Mckeon, Sr. Director of Accounting & Controller
- Mr. Michael Louis Levin CFA, VP of Investor Relations
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 served 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 a number of of institutional and retail investors. Top institutional shareholders include Vanguard Group Inc. (1.82%), Vanguard Group Inc (1.82%), BlackRock Inc. (1.50%), Sylebra HK Co Ltd (1.14%), Point72 Asset Management L.P. (0.83%) and Clearbridge Investments LLC (0.76%). Company insiders that own Carvana stock include 2014 Fidel Family Trust Dated, Benjamin E Huston, Cvan Holdings Llc, Ddfs Partnership Lp, Ernest C Garcia II, Ernest C Garcia III, Goodnow Investment Group, Llc, Ira J Platt, John T Mckeon, Michael E Maroone, Paul W Breaux and Ryan S Keeton. 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 FMR LLC, Frontier Capital Management Co. LLC, Chicago Capital LLC, Advisory Research Inc., Clearbridge Investments LLC, EAM Investors LLC, Taylor Frigon Capital Management LLC and Teachers Advisors LLC. Company insiders that have sold Carvana company stock in the last year include Benjamin E Huston, Cvan Holdings Llc, Ddfs Partnership Lp, Ernest C Garcia II, Ira J Platt and Paul W Breaux. View Insider Buying and Selling for Carvana.
Which institutional investors are buying Carvana stock?
CVNA stock was acquired by a variety of institutional investors in the last quarter, including Vanguard Group Inc, Vanguard Group Inc., Point72 Asset Management L.P., Morgan Stanley, Lombard Odier Asset Management USA Corp, BlackRock Inc., JS Capital Management LLC and Cheyne Capital Management UK LLP. Company insiders that have bought Carvana stock in the last two years include Ernest C Garcia II, Ernest C Garcia III, Goodnow Investment Group, Llc, Ira J Platt, John T Mckeon, Michael E Maroone and Ryan S Keeton. 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, Scottrade, Fidelity and Charles Schwab.
What is Carvana's stock price today?
One share of CVNA stock can currently be purchased for approximately $34.75.
How big of a company is Carvana?
Carvana has a market capitalization of $4.63 billion and generates $858.87 million in revenue each year. The company earns $-18,310,000.00 in net income (profit) each year or ($1.21) on an earnings per share basis. Carvana employs 1,864 workers across the globe.
What is Carvana's official website?
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)
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.
