NYSE:CVNA - Carvana Stock Price, News, & Analysis

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$58.53 +3.11 (+5.61 %)
(As of 08/20/2018 04:00 PM ET)
Previous Close$55.42
Today's Range$55.79 - $58.73
52-Week Range$12.17 - $58.73
Volume1.04 million shs
Average Volume854,194 shs
Market Capitalization$7.56 billion
P/E Ratio-47.95
Dividend YieldN/A
Beta-2.22
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

Stock Exchange NYSE
Industry Automotive dealers & gasoline service stations
Sub-IndustryN/A
SectorRetail/Wholesale
SymbolNYSE:CVNA
CUSIPN/A
Phone480-719-8809

Debt

Debt-to-Equity Ratio0.29
Current Ratio1.47
Quick Ratio0.78

Price-To-Earnings

Trailing P/E Ratio-47.95
Forward P/E Ratio-40.37
P/E GrowthN/A

Sales & Book Value

Annual Sales$858.87 million
Price / Sales9.55
Cash FlowN/A
Price / CashN/A
Book Value$1.37 per share
Price / Book42.72

Profitability

EPS (Most Recent Fiscal Year)($1.21)
Net Income$-18,310,000.00
Net Margins-5.30%
Return on Equity-33.44%
Return on Assets-9.75%

Miscellaneous

Employees1,864
Outstanding Shares140,070,000
Market Cap$7.56 billion

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 earnings results on Wednesday, August, 8th. The company reported ($0.37) earnings per share for the quarter, missing the Zacks' consensus estimate of ($0.34) by $0.03. The business had revenue of $475.29 million for the quarter, compared to the consensus estimate of $425.16 million. Carvana had a negative net margin of 5.30% and a negative return on equity of 33.44%. Carvana's revenue for the quarter was up 127.0% on a year-over-year basis. During the same period in the prior year, the business posted ($0.28) EPS. View Carvana's Earnings History.

When is Carvana's next earnings date?

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

What price target have analysts set for CVNA?

12 brokers have issued twelve-month price objectives for Carvana's stock. Their forecasts range from $23.00 to $76.00. On average, they anticipate Carvana's share price to reach $48.9583 in the next twelve months. This suggests that the stock has a possible downside of 16.4%. View Analyst Price Targets for Carvana.

What is the consensus analysts' recommendation for Carvana?

12 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Carvana in the last year. There are currently 4 hold ratings and 8 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. " (8/13/2018)
  • 2. Barrington Research analysts commented, "We believe Carvana has significant long-term growth potential in the used vehicle market. According to NADA (National Automobile Dealers Association), there were approximately 28 million used vehicles sold at dealerships in 2017. Carvana has sold 66,270 used vehicles on a TTM basis, representing slightly more than 2.2% of the total used vehicle market." (8/9/2018)

Are investors shorting Carvana?

Carvana saw a decline in short interest in the month of July. As of July 31st, there was short interest totalling 10,503,102 shares, a decline of 1.8% from the July 13th total of 10,695,565 shares. Based on an average trading volume of 681,946 shares, the days-to-cover ratio is presently 15.4 days. Currently, 36.8% of the shares of the company are short sold. View Carvana's Current Options Chain.

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 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 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?

News coverage about CVNA stock has been trending somewhat positive this week, Accern reports. Accern rates the sentiment of news coverage by reviewing more than 20 million news and blog sources in real-time. Accern ranks coverage of companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Carvana earned a media and rumor sentiment score of 0.11 on Accern's scale. They also assigned media coverage about the company an impact score of 45.59 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the stock's share price in the immediate future. View Recent Headlines for Carvana.

Who are Carvana's major shareholders?

Carvana's stock is owned by a number of of retail and institutional investors. Top institutional investors include GARCIA ERNEST C II (75.10%), BlackRock Inc. (1.33%), Sylebra HK Co Ltd (1.01%), FMR LLC (0.83%), Frontier Capital Management Co. LLC (0.75%) and Whale Rock Capital Management LLC (0.60%). Company insiders that own Carvana stock include 2014 Fidel Family Trust Dated, Benjamin E Huston, Cvan Holdings Llc, Ernest C Garcia II, Ernest C Garcia III, Goodnow Investment Group, Llc, Ira J Platt, John T Mckeon, 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, SG Americas Securities LLC, Taylor Frigon Capital Management LLC and Raymond James Financial Services Advisors Inc.. Company insiders that have sold Carvana company stock in the last year include 2014 Fidel Family Trust Dated, Benjamin E Huston, Cvan Holdings Llc, 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 Frontier Capital Management Co. LLC, BlackRock Inc., Whale Rock Capital Management LLC, Gilder Gagnon Howe & Co. LLC, Point72 Asset Management L.P., JS Capital Management LLC, Cheyne Capital Management UK LLP and Pier Capital LLC. 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 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 $58.53.

How big of a company is Carvana?

Carvana has a market capitalization of $7.56 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 480-719-8809 or via email at [email protected]


MarketBeat Community Rating for Carvana (NYSE CVNA)

Community Ranking:  2.7 out of 5 (star star)
Outperform Votes:  194 (Vote Outperform)
Underperform Votes:  159 (Vote Underperform)
Total Votes:  353
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 8/20/2018 by MarketBeat.com Staff

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