NYSE:CVNA - Carvana Stock Price, Price Target & More

$29.37 -0.32 (-1.08 %)
(As of 04/23/2018 01:31 AM ET)
Previous Close$29.37
Today's Range$29.00 - $30.12
52-Week Range$8.14 - $31.35
Volume220,419 shs
Average Volume552,525 shs
Market Capitalization$3.90 billion
P/E Ratio-24.27
Dividend YieldN/A
BetaN/A

About Carvana (NYSE:CVNA)

Carvana logoCarvana 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.

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Industry, Sector and Symbol

Industry Automotive dealers & gasoline service stations
Sub-IndustryN/A
SectorRetail/Wholesale
SymbolNYSE:CVNA
CUSIPN/A
Phone602-852-6604

Debt

Debt-to-Equity Ratio0.27%
Current Ratio1.60%
Quick Ratio0.86%

Price-To-Earnings

Trailing P/E Ratio-24.27
Forward P/E Ratio-22.25
P/E GrowthN/A

Sales & Book Value

Annual Sales$858.87 million
Price / Sales4.54
Cash FlowN/A
Price / CashN/A
Book Value$1.37 per share
Price / Book21.44

Profitability

EPS (Most Recent Fiscal Year)($1.21)
Net Income$-18,310,000.00
Net Margins-11.17%
Return on Equity-74.69%
Return on Assets-19.48%

Miscellaneous

Employees1,864
Outstanding Shares132,760,000

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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) announced its quarterly earnings data on Tuesday, March, 6th. The company reported ($0.36) EPS for the quarter, missing the Thomson Reuters' consensus estimate of ($0.34) by $0.02. The company earned $265.10 million during the quarter, compared to analyst estimates of $269.60 million. Carvana had a negative net margin of 11.17% and a negative return on equity of 74.69%. View Carvana's Earnings History.

When is Carvana's next earnings date?

Carvana is scheduled to release their next quarterly earnings announcement on Wednesday, May, 9th 2018. View Earnings Estimates for Carvana.

What price target have analysts set for CVNA?

14 Wall Street analysts have issued twelve-month price objectives for Carvana's shares. Their predictions range from $12.00 to $26.00. On average, they expect Carvana's stock price to reach $20.8077 in the next twelve months. View Analyst Ratings for Carvana.

Who are some of Carvana's key competitors?

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.

Has Carvana been receiving favorable news coverage?

Media coverage about CVNA stock has trended somewhat positive recently, Accern Sentiment reports. The research group rates the sentiment of media coverage by reviewing more than twenty million blog and news sources in real time. Accern ranks coverage of companies on a scale of negative one to one, with scores nearest to one being the most favorable. Carvana earned a daily sentiment score of 0.05 on Accern's scale. They also gave news headlines about the company an impact score of 46.85 out of 100, meaning that recent media coverage is somewhat unlikely to have an impact on the company's share price in the next several days.

Who are Carvana's major shareholders?

Carvana's stock is owned by many different of retail and institutional investors. Top institutional investors include SYLEBRA HK COMPANY LTD (9.10%) and MELVIN CAPITAL MANAGEMENT LP (5.30%). Company insiders that own Carvana stock include 2014 Fidel Family Trust Dated, Ernest C Garcia II, Ernest C Garcia III, Goodnow Investment Group, Llc, Ira J Platt, John T Mckeon and Ryan S Keeton. View Institutional Ownership Trends 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 $29.37.

How big of a company is Carvana?

Carvana has a market capitalization of $3.90 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.

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 602-852-6604 or via email at [email protected]


MarketBeat Community Rating for Carvana (CVNA)

Community Ranking:  2.7 out of 5 (star star)
Outperform Votes:  146 (Vote Outperform)
Underperform Votes:  122 (Vote Underperform)
Total Votes:  268
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.

Analyst Ratings

Carvana (NYSE:CVNA) Price Target and Consensus Rating

  (How are Consensus Ratings Calculated?)
14 Wall Street analysts have issued ratings and price targets for Carvana in the last 12 months. Their average twelve-month price target is $20.8077, suggesting that the stock has a possible downside of 29.15%. The high price target for CVNA is $26.00 and the low price target for CVNA is $12.00. There are currently 1 sell rating, 5 hold ratings and 8 buy ratings for the stock, resulting in a consensus rating of "Buy."
Today30 Days Ago90 Days Ago180 Days Ago
Consensus Rating: BuyBuyBuyBuy
Consensus Rating Score: 2.502.502.572.69
Ratings Breakdown: 1 Sell Rating(s)
5 Hold Rating(s)
8 Buy Rating(s)
0 Strong Buy Rating(s)
1 Sell Rating(s)
5 Hold Rating(s)
8 Buy Rating(s)
0 Strong Buy Rating(s)
1 Sell Rating(s)
4 Hold Rating(s)
9 Buy Rating(s)
0 Strong Buy Rating(s)
1 Sell Rating(s)
2 Hold Rating(s)
10 Buy Rating(s)
0 Strong Buy Rating(s)
Consensus Price Target: $20.8077$20.50$20.2083$20.3450
Price Target Upside: 29.15% downside20.52% upside8.23% downside38.59% upside

Carvana (NYSE:CVNA) Consensus Price Target History

Price Target History for Carvana (NYSE:CVNA)

Carvana (NYSE:CVNA) Analyst Ratings History

Show:
DateBrokerageActionRatingPrice TargetImpact on Share PriceDetails
4/16/2018BMO Capital MarketsReiterated RatingHold$23.00HighView Rating Details
3/9/2018CitigroupInitiated CoverageBuy -> Buy$20.00 -> $23.00MediumView Rating Details
3/9/2018Barrington ResearchUpgradeMarket Perform -> Outperform$26.00LowView Rating Details
3/7/2018Craig HallumDowngradeBuy -> Hold$16.00HighView Rating Details
12/8/2017Deutsche BankDowngradeBuy -> Hold$22.00 -> $23.50MediumView Rating Details
12/5/2017Robert W. BairdBoost Price TargetOutperform$17.00 -> $23.00LowView Rating Details
12/4/2017B. RileyReiterated RatingSell$12.00MediumView Rating Details
11/8/2017JMP SecuritiesLower Price TargetOutperform$25.00 -> $23.00N/AView Rating Details
11/8/2017WedbushReiterated RatingNeutral$20.00 -> $14.00N/AView Rating Details
10/2/2017Consumer EdgeReiterated RatingOutperform$23.00LowView Rating Details
8/20/2017Wells FargoReiterated RatingOutperform$23.00MediumView Rating Details
8/11/2017Susquehanna BancsharesReiterated RatingNeutral$12.00 -> $16.00LowView Rating Details
5/23/2017William BlairInitiated CoverageOutperformHighView Rating Details
5/23/2017Bank of AmericaInitiated CoverageBuy -> Buy$25.00HighView Rating Details
(Data available from 4/23/2016 forward)

Earnings

Carvana (NYSE:CVNA) Earnings History and Estimates Chart

Earnings by Quarter for Carvana (NYSE:CVNA)

Carvana (NYSE:CVNA) Earnings Estimates

2018 EPS Consensus Estimate: ($1.31)
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20183($0.41)($0.38)($0.40)
Q2 20183($0.32)($0.28)($0.29)
Q3 20183($0.31)($0.25)($0.29)
Q4 20183($0.41)($0.20)($0.33)

Carvana (NYSE CVNA) Earnings History by Quarter

DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
5/9/2018($0.40)N/AView Earnings Details
3/6/2018Q4 2017($0.34)($0.36)$269.60 million$265.10 millionViewN/AView Earnings Details
11/7/2017Q3 2017($0.30)($0.29)$243.61 million$225.40 millionViewN/AView Earnings Details
8/8/2017Q2 2017($0.30)($0.28)$198.84 million$209.37 millionViewListenView Earnings Details
6/6/2017Q1 2017($0.28)($0.28)$157.69 million$159.07 millionViewListenView Earnings Details
(Earnings results data provided by Zacks Investment Research)

Dividends

Carvana (NYSE:CVNA) Dividend History by Quarter

AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
(Data available from 1/1/2013 forward)

Insider Trades

Carvana (NYSE CVNA) Insider Trading and Institutional Ownership History

Insider Ownership Percentage: 21.69%
Institutional Ownership Percentage: 14.86%
Insider Trading History for Carvana (NYSE:CVNA)
Institutional Ownership by Quarter for Carvana (NYSE:CVNA)

Carvana (NYSE CVNA) Insider Trading History

Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionShares Held After TransactionDetails
3/9/2018Goodnow Investment Group, LlcMajor ShareholderBuy81,000$18.23$1,476,630.00View SEC Filing  
12/15/20172014 Fidel Family Trust DatedMajor ShareholderSell1,101,624$22.65$24,951,783.60View SEC Filing  
5/4/2017Ernest C Garcia IIMajor ShareholderBuy164,517$8.20$1,349,039.40View SEC Filing  
5/3/2017Ernest C Garcia IIMajor ShareholderBuy1,500,000$13.73$20,595,000.00View SEC Filing  
5/3/2017Ernest C Garcia IIICEOBuy183,333$13.35$2,447,495.55133,333View SEC Filing  
5/3/2017Ryan S KeetonInsiderBuy6,000$9.25$55,500.003,000View SEC Filing  
5/1/2017John T MckeonInsiderBuy181$10.93$1,978.33181View SEC Filing  
4/28/2017Ira J PlattDirectorBuy2,000$12.60$25,200.002,000View SEC Filing  
(Data available from 1/1/2013 forward)

Headlines

Carvana (NYSE CVNA) News Headlines

Source:
DateHeadline
Carvana (CVNA) versus Its Rivals Financial AnalysisCarvana (CVNA) versus Its Rivals Financial Analysis
www.americanbankingnews.com - April 22 at 3:16 PM
Active-Investors: Blog Exposure - Online Used Car Dealer Carvana Acquires Atlanta-based Start-up Car360Active-Investors: Blog Exposure - Online Used Car Dealer Carvana Acquires Atlanta-based Start-up Car360
www.finanznachrichten.de - April 19 at 9:12 AM
Carvana Sees Unusually High Options Volume (CVNA)Carvana Sees Unusually High Options Volume (CVNA)
www.americanbankingnews.com - April 19 at 8:00 AM
FY2018 EPS Estimates for Carvana Co (CVNA) Increased by AnalystFY2018 EPS Estimates for Carvana Co (CVNA) Increased by Analyst
www.americanbankingnews.com - April 19 at 7:17 AM
Carvana to Report First Quarter 2018 Results and Host Quarterly Conference Call on May 9Carvana to Report First Quarter 2018 Results and Host Quarterly Conference Call on May 9
finance.yahoo.com - April 18 at 9:17 AM
Comparing Carvana (CVNA) & The CompetitionComparing Carvana (CVNA) & The Competition
www.americanbankingnews.com - April 18 at 1:20 AM
Financial Comparison: Carvana (CVNA) vs. Its PeersFinancial Comparison: Carvana (CVNA) vs. Its Peers
www.americanbankingnews.com - April 17 at 7:19 PM
Atlanta augmented reality startup Car360 acquired by online retailer Caravan for $22 millionAtlanta augmented reality startup Car360 acquired by online retailer Caravan for $22 million
www.bizjournals.com - April 17 at 5:05 PM
UPDATE: Carvana Co. (CVNA) Announces Acquisition of Car360 for $6.7M in Cash & 930K Class A UnitsUPDATE: Carvana Co. (CVNA) Announces Acquisition of Car360 for $6.7M in Cash & 930K Class A Units
www.streetinsider.com - April 17 at 9:37 AM
Carvana Acquires Car360Carvana Acquires Car360
finance.yahoo.com - April 17 at 9:37 AM
Carvanas Stock Explodes 15% on 3 Times Normal VolumeCarvana's Stock Explodes 15% on 3 Times Normal Volume
finance.yahoo.com - April 17 at 9:37 AM
Carvana acquires Mark Cuban-backed augmented reality company Car360Carvana acquires Mark Cuban-backed augmented reality company Car360
finance.yahoo.com - April 17 at 9:37 AM
Atlanta augmented reality startup Car360 acquired by online retailer Carvana (Slideshow)Atlanta augmented reality startup Car360 acquired by online retailer Carvana (Slideshow)
finance.yahoo.com - April 17 at 9:37 AM
Noteworthy Monday Option Activity: CVNA, JNJ, TRNNoteworthy Monday Option Activity: CVNA, JNJ, TRN
www.nasdaq.com - April 16 at 4:35 PM
Carvana Co (NYSE:CVNA): Are Analysts Optimistic?Carvana Co (NYSE:CVNA): Are Analysts Optimistic?
finance.yahoo.com - April 16 at 4:35 PM
Reviewing Carvana (CVNA) and Its CompetitorsReviewing Carvana (CVNA) and Its Competitors
www.americanbankingnews.com - April 16 at 9:27 AM
Carvanas (CVNA) Hold Rating Reaffirmed at BMO Capital MarketsCarvana's (CVNA) Hold Rating Reaffirmed at BMO Capital Markets
www.americanbankingnews.com - April 16 at 7:03 AM
Carvana Co (CVNA) Given Consensus Recommendation of "Hold" by BrokeragesCarvana Co (CVNA) Given Consensus Recommendation of "Hold" by Brokerages
www.americanbankingnews.com - April 15 at 5:45 AM
Zacks: Brokerages Anticipate Carvana Co (CVNA) Will Post Quarterly Sales of $342.04 MillionZacks: Brokerages Anticipate Carvana Co (CVNA) Will Post Quarterly Sales of $342.04 Million
www.americanbankingnews.com - April 13 at 4:31 AM
Carvana (CVNA) PT Raised to $24.00 at Craig HallumCarvana (CVNA) PT Raised to $24.00 at Craig Hallum
www.americanbankingnews.com - April 11 at 8:26 PM
Carvanas (CVNA) Outperform Rating Reiterated at Robert W. BairdCarvana's (CVNA) Outperform Rating Reiterated at Robert W. Baird
www.americanbankingnews.com - April 11 at 4:30 PM
Carvana is New Englands New Way to Buy a CarCarvana is New England's New Way to Buy a Car
finance.yahoo.com - April 11 at 9:52 AM
-$0.40 EPS Expected for Carvana Co (CVNA) This Quarter-$0.40 EPS Expected for Carvana Co (CVNA) This Quarter
www.americanbankingnews.com - April 11 at 5:17 AM
Reviewing Carvana (CVNA) & Its RivalsReviewing Carvana (CVNA) & Its Rivals
www.americanbankingnews.com - April 11 at 3:17 AM
Carvana (CVNA) versus The Competition Head to Head ComparisonCarvana (CVNA) versus The Competition Head to Head Comparison
www.americanbankingnews.com - April 7 at 5:22 PM
Carvana plans newest 'car vending machine' in Kansas CityCarvana plans newest 'car vending machine' in Kansas City
finance.yahoo.com - April 5 at 4:36 PM
Carvana Ups Car Buying Horsepower in Lexington, Offering Free DeliveryCarvana Ups Car Buying Horsepower in Lexington, Offering Free Delivery
finance.yahoo.com - April 4 at 4:51 PM
Carvana (CVNA) and The Competition Critical ComparisonCarvana (CVNA) and The Competition Critical Comparison
www.americanbankingnews.com - April 3 at 7:17 PM
Analyzing Carvana (CVNA) & The CompetitionAnalyzing Carvana (CVNA) & The Competition
www.americanbankingnews.com - April 3 at 1:26 PM
BMO Capital Markets Trims Carvana (CVNA) Target Price to $19.00BMO Capital Markets Trims Carvana (CVNA) Target Price to $19.00
www.americanbankingnews.com - April 1 at 10:48 AM
Carvana (CVNA) Price Target Cut to $23.00 by Analysts at JMP SecuritiesCarvana (CVNA) Price Target Cut to $23.00 by Analysts at JMP Securities
www.americanbankingnews.com - April 1 at 10:13 AM
Wedbush Reaffirms Neutral Rating for Carvana (CVNA)Wedbush Reaffirms Neutral Rating for Carvana (CVNA)
www.americanbankingnews.com - April 1 at 9:41 AM
Carvana (CVNA) Price Target Lowered to $17.00 at Robert W. BairdCarvana (CVNA) Price Target Lowered to $17.00 at Robert W. Baird
www.americanbankingnews.com - April 1 at 9:40 AM
Carvana (CVNA) Earns Sell Rating from B. RileyCarvana (CVNA) Earns Sell Rating from B. Riley
www.americanbankingnews.com - April 1 at 12:40 AM
Carvana Debuts Newest Car Vending Machine in TampaCarvana Debuts Newest Car Vending Machine in Tampa
finance.yahoo.com - March 29 at 9:37 AM
Head-To-Head Review: Carvana (CVNA) vs. Its RivalsHead-To-Head Review: Carvana (CVNA) vs. Its Rivals
www.americanbankingnews.com - March 28 at 3:13 AM
Carvana Shows Colorado the New Way to Buy a Car with Denver Market LaunchCarvana Shows Colorado the New Way to Buy a Car with Denver Market Launch
finance.yahoo.com - March 27 at 9:39 AM
Carvana (CVNA) Lifted to Hold at ValuEngineCarvana (CVNA) Lifted to Hold at ValuEngine
www.americanbankingnews.com - March 25 at 6:58 PM
Zacks: Brokerages Expect Carvana Co (CVNA) to Announce -$0.40 EPSZacks: Brokerages Expect Carvana Co (CVNA) to Announce -$0.40 EPS
www.americanbankingnews.com - March 25 at 8:50 AM
Carvana Co (CVNA) Receives Consensus Rating of "Hold" from AnalystsCarvana Co (CVNA) Receives Consensus Rating of "Hold" from Analysts
www.americanbankingnews.com - March 21 at 5:36 AM
Carvana (CVNA) Presents At Bank of America Merrill Lynch Consumer & Retail Technology Conference - SlideshowCarvana (CVNA) Presents At Bank of America Merrill Lynch Consumer & Retail Technology Conference - Slideshow
seekingalpha.com - March 17 at 5:13 PM
Goodnow Investment Group, Llc Purchases 81,000 Shares of Carvana Co (CVNA) StockGoodnow Investment Group, Llc Purchases 81,000 Shares of Carvana Co (CVNA) Stock
www.americanbankingnews.com - March 15 at 1:20 PM
Active-Investors: Free Research Report as Penske Automotive Groups Quarterly Earnings Advanced 10.99%Active-Investors: Free Research Report as Penske Automotive Group's Quarterly Earnings Advanced 10.99%
www.finanznachrichten.de - March 15 at 9:07 AM
What Investors Should Think of Carvana Co.'s Fourth QuarterWhat Investors Should Think of Carvana Co.'s Fourth Quarter
finance.yahoo.com - March 14 at 10:11 AM
Carvana (CVNA) Lowered to "Market Perform" at BMO Capital MarketsCarvana (CVNA) Lowered to "Market Perform" at BMO Capital Markets
www.americanbankingnews.com - March 11 at 1:49 PM
Carvana (CVNA) Earns Buy Rating from Analysts at CitigroupCarvana (CVNA) Earns Buy Rating from Analysts at Citigroup
www.americanbankingnews.com - March 9 at 9:03 PM
Carvana inks deal to be Phoenix Rising FC jersey sponsorCarvana inks deal to be Phoenix Rising FC jersey sponsor
finance.yahoo.com - March 9 at 5:42 PM
Carvana (CVNA) Stock Rating Upgraded by Barrington ResearchCarvana (CVNA) Stock Rating Upgraded by Barrington Research
www.americanbankingnews.com - March 9 at 3:23 PM
Top Analyst Upgrades and Downgrades: Akamai, Finisar, Helmerich & Payne, Kohl’s, Tiffany, Williams Partners and MoreTop Analyst Upgrades and Downgrades: Akamai, Finisar, Helmerich & Payne, Kohl’s, Tiffany, Williams Partners and More
www.msn.com - March 9 at 9:44 AM
Strong Growth for Carvana, but Sales Fall ShortStrong Growth for Carvana, but Sales Fall Short
finance.yahoo.com - March 9 at 9:44 AM

SEC Filings

Carvana (NYSE:CVNA) SEC Filings

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Social Media

Financials

Carvana (NYSE:CVNA) Income Statement, Balance Sheet and Cash Flow Statement

Chart

Carvana (NYSE CVNA) Stock Chart for Monday, April, 23, 2018

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This page was last updated on 4/23/2018 by MarketBeat.com Staff

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