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

$21.38 +0.40 (+1.91 %)
(As of 02/23/2018 04:00 PM ET)
Previous Close$21.38
Today's Range$20.90 - $21.68
52-Week Range$8.14 - $24.89
Volume502,402 shs
Average Volume292,308 shs
Market Capitalization$2.84 billion
P/E Ratio-16.70
Dividend YieldN/A
BetaN/A

About Carvana (NYSE:CVNA)

Carvana logoCarvana Co. is an e-commerce platform for buying used cars. On the Company's platform, consumers can research and identify a vehicle, inspect it using its proprietary 360-degree vehicle imaging technology, obtain financing and warranty coverage, purchase the vehicle and schedule delivery or pick-up, all from their desktop or mobile devices. The Company's transaction technologies and online platform transform a traditionally time consuming process by allowing customers to secure financing, complete a purchase and schedule delivery online.

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Industry, Sector and Symbol

Industry Used Car Dealers
Sub-IndustryN/A
SectorCyclical Consumer Goods & Services
SymbolNYSE:CVNA
CUSIPN/A
Phone+1-602-8526604

Debt

Debt-to-Equity Ratio0.07%
Current Ratio1.50%
Quick Ratio0.71%

Price-To-Earnings

Trailing P/E Ratio-16.703125
Forward P/E Ratio-17.82
P/E GrowthN/A

Sales & Book Value

Annual Sales$365.14 million
Price / Sales7.77
Cash FlowN/A
Price / CashN/A
Book ValueN/A
Price / BookN/A

Profitability

Trailing EPS($1.28)
Net Income$-93,110,000.00
Net Margins-11.81%
Return on Equity-153.67%
Return on Assets-19.89%

Miscellaneous

Employees1,067
Outstanding Shares132,760,000

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) posted its quarterly earnings results on Tuesday, November, 7th. The company reported ($0.29) earnings per share (EPS) for the quarter, topping the Thomson Reuters' consensus estimate of ($0.30) by $0.01. The firm earned $225.40 million during the quarter, compared to analyst estimates of $243.61 million. Carvana had a negative net margin of 11.81% and a negative return on equity of 153.67%. View Carvana's Earnings History.

When will Carvana make its next earnings announcement?

Carvana is scheduled to release their next quarterly earnings announcement on Tuesday, March, 6th 2018. View Earnings Estimates for Carvana.

Where is Carvana's stock going? Where will Carvana's stock price be in 2018?

14 Wall Street analysts have issued 1-year price objectives for Carvana's stock. Their forecasts range from $12.00 to $25.00. On average, they expect Carvana's share price to reach $20.21 in the next year. View Analyst Ratings for Carvana.

Are investors shorting Carvana?

Carvana saw a decrease in short interest during the month of January. As of January 12th, there was short interest totalling 6,898,473 shares, a decrease of 10.7% from the December 29th total of 7,725,196 shares. Based on an average trading volume of 395,690 shares, the short-interest ratio is presently 17.4 days. Approximately 52.4% of the shares of the stock are sold short.

Who are some of Carvana's key competitors?

Who are Carvana's key executives?

Carvana's management team includes the folowing people:

  • Ernie Garcia, Chairman of the Board, President, Chief Executive Officer (Age 34)
  • Mark Jenkins, Chief Financial Officer (Age 38)
  • Benjamin Huston, Chief Operating Officer (Age 34)
  • Paul Breaux, Vice President, General Counsel, Secretary (Age 33)
  • Daniel Gill, Chief Product Officer (Age 34)
  • Ryan Keeton, Chief Brand Officer (Age 39)
  • Michael E. Maroone, Independent Director (Age 63)
  • Ira Platt, Independent Director (Age 53)
  • Dan Quayle, Independent Director (Age 70)
  • Greg Sullivan, Independent Director (Age 58)

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 a price of $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 owns Carvana stock?

Carvana's stock is owned by many different of institutional and retail investors. Top institutional shareholders include Sylebra HK Co Ltd (1.11%), SYLEBRA HK COMPANY LTD (9.10%), Clearbridge Investments LLC (1.01%), MELVIN CAPITAL MANAGEMENT LP (5.30%), 2014 FIDEL FAMILY TRUST DATED JUNE 16, 2014 Total Shares: 843,255 (4.72%) and Bank of New York Mellon Corp (0.45%). Company insiders that own Carvana stock include 2014 Fidel Family Trust Dated, Ernest C Garcia II, Ernest C Garcia III, Ira J Platt, John T Mckeon and Ryan S Keeton. View Institutional Ownership Trends for Carvana.

Who sold Carvana stock? Who is selling Carvana stock?

Carvana's stock was sold by a variety of institutional investors in the last quarter, including SG Americas Securities LLC, Lombard Odier Asset Management USA Corp, Bank of New York Mellon Corp and Goldman Sachs Group Inc.. View Insider Buying and Selling for Carvana.

Who bought Carvana stock? Who is buying Carvana stock?

Carvana's stock was bought by a variety of institutional investors in the last quarter, including Gilder Gagnon Howe & Co. LLC, Clearbridge Investments LLC, Sylebra HK Co Ltd, Aperimus Capital LLC, Penserra Capital Management LLC, Gator Capital Management LLC, Raymond James Financial Services Advisors Inc. and Rehmann Capital Advisory Group. Company insiders that have bought Carvana stock in the last two years include Ernest C Garcia II, Ernest C Garcia III, Ira J Platt, John T Mckeon and Ryan S Keeton. View Insider Buying and Selling for Carvana.

How do I buy Carvana stock?

Shares of Carvana 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 Carvana stock can currently be purchased for approximately $21.38.

How big of a company is Carvana?

Carvana has a market capitalization of $2.84 billion and generates $365.14 million in revenue each year. The company earns $-93,110,000.00 in net income (profit) each year or ($1.28) on an earnings per share basis. Carvana employs 1,067 workers across the globe.

How can I contact Carvana?

Carvana's mailing address is 1930 W Rio Salado Pkwy, TEMPE, AZ 85281-2339, United States. The company can be reached via phone at +1-602-8526604 or via email at [email protected]


MarketBeat Community Rating for Carvana (CVNA)

Community Ranking:  2.8 out of 5 (star star)
Outperform Votes:  132 (Vote Outperform)
Underperform Votes:  103 (Vote Underperform)
Total Votes:  235
MarketBeat's community ratings are surveys of what our community members think about Carvana and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.

Analyst Ratings

Carvana (NYSE:CVNA) Analysts' Consensus Rating

  (How are Consensus Ratings Calculated?)
Today30 Days Ago90 Days Ago180 Days Ago
Consensus Rating: BuyBuyBuyBuy
Consensus Rating Score: 2.572.572.642.82
Ratings Breakdown: 1 Sell Rating(s)
4 Hold Rating(s)
9 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)
3 Hold Rating(s)
10 Buy Rating(s)
0 Strong Buy Rating(s)
0 Sell Rating(s)
2 Hold Rating(s)
9 Buy Rating(s)
0 Strong Buy Rating(s)
Consensus Price Target: $20.21$20.21$19.58$21.40
Price Target Upside: 8.23% downside8.23% downside31.08% upside50.61% 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
12/8/2017Deutsche BankDowngradeBuy -> Hold$22.00 -> $23.50MediumView Rating Details
12/4/2017B. RileyReiterated RatingSell$12.00MediumView Rating Details
12/5/2017Robert W. BairdBoost Price TargetOutperform$17.00 -> $23.00LowView 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
11/8/2017BMO Capital MarketsLower Price TargetAverage -> Outperform$25.00 -> $19.00N/AView Rating Details
10/27/2017Barrington ResearchInitiated CoverageMarket PerformN/AView Rating Details
10/2/2017Consumer EdgeReiterated RatingOutperform$23.00LowView Rating Details
8/20/2017Wells Fargo & CoReiterated RatingOutperform$23.00MediumView Rating Details
8/11/2017Susquehanna BancsharesReiterated RatingNeutral$12.00 -> $16.00LowView Rating Details
8/9/2017Craig HallumBoost Price TargetBuy$16.00 -> $24.00HighView Rating Details
5/23/2017William BlairInitiated CoverageOutperformHighView Rating Details
5/23/2017Bank of AmericaInitiated CoverageBuy -> Buy$25.00HighView Rating Details
5/23/2017CitigroupInitiated CoverageBuy -> Buy$17.00HighView Rating Details
(Data available from 2/24/2016 forward)

Earnings

Carvana (NYSE:CVNA) Earnings History and Estimates Chart

Earnings by Quarter for Carvana (NYSE:CVNA)

Carvana (NYSE CVNA) Earnings History by Quarter

DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
3/6/2018($0.34)N/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)

Estimates

Carvana (NYSE:CVNA) Earnings Estimates

QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q2 20181($0.15)($0.15)($0.15)
Q3 20181($0.13)($0.13)($0.13)
(Earnings estimates data provided by Zacks Investment Research)

Dividends

Dividend History for Carvana (NYSE:CVNA)


No dividend announcements for this company have been tracked by MarketBeat.com

Insider Trades

Carvana (NYSE CVNA) Insider Trading and Institutional Ownership History

Insider Ownership Percentage: 21.69%
Institutional Ownership Percentage: 15.15%
Insider Trades by Quarter for Carvana (NYSE:CVNA)
Insider Trades by Quarter for Carvana (NYSE:CVNA)

Carvana (NYSE CVNA) Insider Trades by Quarter

Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionShares Held After TransactionDetails
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 Co (CVNA) to Post FY2017 Earnings of ($1.20) Per Share, William Blair ForecastsCarvana Co (CVNA) to Post FY2017 Earnings of ($1.20) Per Share, William Blair Forecasts
www.americanbankingnews.com - February 23 at 8:26 AM
Carvana (CVNA) Downgraded by Zacks Investment Research to "Sell"Carvana (CVNA) Downgraded by Zacks Investment Research to "Sell"
www.americanbankingnews.com - February 22 at 8:30 PM
William Blair Comments on Carvana Cos FY2019 Earnings (CVNA)William Blair Comments on Carvana Co's FY2019 Earnings (CVNA)
www.americanbankingnews.com - February 22 at 3:26 PM
Carvana Shakes Up Car Buying in the Southeast, Bringing Carvana Curbside to BirminghamCarvana Shakes Up Car Buying in the Southeast, Bringing Carvana Curbside to Birmingham
finance.yahoo.com - February 21 at 9:17 AM
Carvana launches in its 50th market, launches new curbside serviceCarvana launches in its 50th market, launches new curbside service
finance.yahoo.com - February 21 at 9:17 AM
$268.61 Million in Sales Expected for Carvana Co (CVNA) This Quarter$268.61 Million in Sales Expected for Carvana Co (CVNA) This Quarter
www.americanbankingnews.com - February 21 at 7:50 AM
-$0.34 Earnings Per Share Expected for Carvana Co (CVNA) This Quarter-$0.34 Earnings Per Share Expected for Carvana Co (CVNA) This Quarter
www.americanbankingnews.com - February 19 at 7:12 AM
Carvana (CVNA) Rating Increased to Hold at Zacks Investment ResearchCarvana (CVNA) Rating Increased to Hold at Zacks Investment Research
www.americanbankingnews.com - February 11 at 4:37 PM
Why Carvana Co’s (NYSE:CVNA) CEO Pay Matters To YouWhy Carvana Co’s (NYSE:CVNA) CEO Pay Matters To You
finance.yahoo.com - February 7 at 9:21 AM
Carvana Brings the New Way to Buy a Car to the Historical Streets of Charleston, South CarolinaCarvana Brings the New Way to Buy a Car to the Historical Streets of Charleston, South Carolina
finance.yahoo.com - February 7 at 9:21 AM
 Brokerages Anticipate Carvana Co (CVNA) Will Post Quarterly Sales of $268.61 Million Brokerages Anticipate Carvana Co (CVNA) Will Post Quarterly Sales of $268.61 Million
www.americanbankingnews.com - February 4 at 6:28 AM
Carvana Drives into the Piedmont Triad, Expands North Carolina PresenceCarvana Drives into the Piedmont Triad, Expands North Carolina Presence
finance.yahoo.com - January 31 at 4:20 PM
Carvana expands free delivery into Triad — but no car vending machine yetCarvana expands free delivery into Triad — but no 'car vending machine' yet
www.bizjournals.com - January 31 at 9:37 AM
Carvana Co (CVNA) Short Interest Down 10.7% in JanuaryCarvana Co (CVNA) Short Interest Down 10.7% in January
www.americanbankingnews.com - January 30 at 2:44 PM
Carvana Co (CVNA) Receives Average Rating of "Hold" from AnalystsCarvana Co (CVNA) Receives Average Rating of "Hold" from Analysts
www.americanbankingnews.com - January 30 at 8:10 AM
Carvana Launches New Year and New Way to Buy a Car in Kansas CityCarvana Launches New Year and New Way to Buy a Car in Kansas City
finance.yahoo.com - January 24 at 9:48 AM
How Financially Strong Is Carvana Co (NYSE:CVNA)?How Financially Strong Is Carvana Co (NYSE:CVNA)?
finance.yahoo.com - January 23 at 3:57 PM
Whats Happening With These Auto Dealerships Stocks? -- Cars.com, Carvana, CarMax, and Penske Automotive - PR Newswire (press release)What's Happening With These Auto Dealerships Stocks? -- Cars.com, Carvana, CarMax, and Penske Automotive - PR Newswire (press release)
www.prnewswire.com - January 18 at 9:27 AM
DriveTime seeking new CEO as longtime leader steps down - Phoenix Business JournalDriveTime seeking new CEO as longtime leader steps down - Phoenix Business Journal
www.bizjournals.com - January 5 at 9:13 AM
Carvana Co (CVNA) Given Average Rating of "Hold" by BrokeragesCarvana Co (CVNA) Given Average Rating of "Hold" by Brokerages
www.americanbankingnews.com - January 5 at 6:00 AM
Carvana Brings Corpus Christi the New Way to Buy a Car - Business Wire (press release)Carvana Brings Corpus Christi the New Way to Buy a Car - Business Wire (press release)
www.businesswire.com - December 28 at 12:11 PM
Carvana Brings Corpus Christi the New Way to Buy a CarCarvana Brings Corpus Christi the New Way to Buy a Car
finance.yahoo.com - December 28 at 12:11 PM
Carvana to Attend Upcoming Auto Industry ConferenceCarvana to Attend Upcoming Auto Industry Conference
finance.yahoo.com - December 21 at 5:38 PM
Carvana Co (CVNA) Major Shareholder Sells $24,951,783.60 in StockCarvana Co (CVNA) Major Shareholder Sells $24,951,783.60 in Stock
www.americanbankingnews.com - December 19 at 5:28 PM
Forbes: How a Valley ex-con became a billionaire from used cars - Phoenix Business JournalForbes: How a Valley ex-con became a billionaire from used cars - Phoenix Business Journal
www.bizjournals.com - December 18 at 5:40 PM
Forbes: How a Valley ex-con became a billionaire from used carsForbes: How a Valley ex-con became a billionaire from used cars
finance.yahoo.com - December 18 at 5:40 PM
Carvana unveils ugly Christmas sweater on wheelsCarvana unveils ugly Christmas sweater on wheels
finance.yahoo.com - December 14 at 6:11 PM
Carvana Co. (CVNA) Given Average Recommendation of "Hold" by BrokeragesCarvana Co. (CVNA) Given Average Recommendation of "Hold" by Brokerages
www.americanbankingnews.com - December 11 at 5:56 AM
Carvana (CVNA) and KAR Auction Services (KAR) Critical ContrastCarvana (CVNA) and KAR Auction Services (KAR) Critical Contrast
www.americanbankingnews.com - December 9 at 7:40 PM
Carvana (CVNA) Downgraded by Deutsche BankCarvana (CVNA) Downgraded by Deutsche Bank
www.americanbankingnews.com - December 8 at 11:12 PM
Carvana Co. (CVNA) Forecasted to Earn FY2019 Earnings of $0.19 Per ShareCarvana Co. (CVNA) Forecasted to Earn FY2019 Earnings of $0.19 Per Share
www.americanbankingnews.com - December 6 at 11:52 PM
Carvanas (CVNA) "Sell" Rating Reaffirmed at B. RileyCarvana's (CVNA) "Sell" Rating Reaffirmed at B. Riley
www.americanbankingnews.com - December 5 at 3:48 PM
Carvana (CVNA) Price Target Increased to $23.00 by Analysts at Robert W. BairdCarvana (CVNA) Price Target Increased to $23.00 by Analysts at Robert W. Baird
www.americanbankingnews.com - December 5 at 9:46 AM
Analyzing Copart (CPRT) and Carvana (CVNA)Analyzing Copart (CPRT) and Carvana (CVNA)
www.americanbankingnews.com - December 5 at 5:52 AM
Carvana Co. (CVNA) $100M Private Placement of Class A Convertible Preferred StockCarvana Co. (CVNA) $100M Private Placement of Class A Convertible Preferred Stock
www.streetinsider.com - December 4 at 5:39 PM
Copart (CPRT) vs. Carvana (CVNA) Head-To-Head AnalysisCopart (CPRT) vs. Carvana (CVNA) Head-To-Head Analysis
www.americanbankingnews.com - December 4 at 9:42 AM
Carvana Announces Private Placement of Class A Convertible Preferred StockCarvana Announces Private Placement of Class A Convertible Preferred Stock
finance.yahoo.com - December 4 at 9:04 AM
Contrasting Carvana (CVNA) and Copart (CPRT)Contrasting Carvana (CVNA) and Copart (CPRT)
www.americanbankingnews.com - December 4 at 5:10 AM
ValuEngine Downgrades Carvana (CVNA) to SellValuEngine Downgrades Carvana (CVNA) to Sell
www.americanbankingnews.com - December 3 at 5:54 PM
Comparing KAR Auction Services (KAR) and Carvana (CVNA)Comparing KAR Auction Services (KAR) and Carvana (CVNA)
www.americanbankingnews.com - December 3 at 11:42 AM
Contrasting KAR Auction Services (KAR) and Carvana (CVNA)Contrasting KAR Auction Services (KAR) and Carvana (CVNA)
www.americanbankingnews.com - December 1 at 7:59 AM
Copart (CPRT) & Carvana (CVNA) Head to Head ContrastCopart (CPRT) & Carvana (CVNA) Head to Head Contrast
www.americanbankingnews.com - November 28 at 11:16 AM
Carvana Hires Vice President of Investor RelationsCarvana Hires Vice President of Investor Relations
finance.yahoo.com - November 28 at 8:38 AM
Carvana (CVNA) versus Copart (CPRT) Critical ComparisonCarvana (CVNA) versus Copart (CPRT) Critical Comparison
www.americanbankingnews.com - November 25 at 11:04 PM
Head to Head Review: Americas Car-Mart (CRMT) versus Carvana (CVNA)Head to Head Review: America's Car-Mart (CRMT) versus Carvana (CVNA)
www.americanbankingnews.com - November 25 at 8:14 AM
Americas Car-Mart (CRMT) vs. Carvana (CVNA) Financial ReviewAmerica's Car-Mart (CRMT) vs. Carvana (CVNA) Financial Review
www.americanbankingnews.com - November 23 at 1:30 AM
Earnings Review and Free Research Report: Penske Automotive Group’s Revenue Grew 7.2%; EPS Advanced 6.8%Earnings Review and Free Research Report: Penske Automotive Group’s Revenue Grew 7.2%; EPS Advanced 6.8%
finance.yahoo.com - November 20 at 6:42 PM
Carvana Co. (CVNA) Earns Buy Rating from Robert W. BairdCarvana Co. (CVNA) Earns Buy Rating from Robert W. Baird
www.americanbankingnews.com - November 20 at 6:10 PM
Carvana Sees Unusually High Options Volume (CVNA)Carvana Sees Unusually High Options Volume (CVNA)
www.americanbankingnews.com - November 18 at 2:02 AM
Traders Purchase High Volume of Put Options on Carvana (CVNA)Traders Purchase High Volume of Put Options on Carvana (CVNA)
www.americanbankingnews.com - November 18 at 2:02 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 Saturday, February, 24, 2018

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This page was last updated on 2/24/2018 by MarketBeat.com Staff

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