NYSE:CVNA

Carvana Stock Forecast, Price & News

$288.64

-8.19 (-2.76 %)

(As of 01/15/2021 03:59 PM ET)

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Today's Range

$282.25

Now: $288.64▼

$296.00

50-Day Range

$225.45

MA: $258.86▼

$291.52

52-Week Range

$22.16

Now: $288.64▼

$302.46

Volume78,816 shs

Average Volume1.67 million shs

Market Capitalization$49.58 billion

P/E RatioN/A

Dividend YieldN/A

Beta2.52

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 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. The company was founded in 2012 and is headquartered in Tempe, Arizona.

MarketRank^™

Overall MarketRank^™

1.27 out of 5 stars

Retail/Wholesale Sector

142nd out of 321 stocks

Automotive Dealers & Gasoline Service Stations Industry

15th out of 22 stocks

2.3 Analyst's Opinion

Consensus Rating
Carvana has received a consensus rating of Buy. The company's average rating score is 2.59, and is based on 17 buy ratings, 9 hold ratings, and 1 sell rating.
Price Target Upside/Downside
According to analysts' consensus price target of $221.54, Carvana has a forecasted downside of 23.3% from its current price of $288.73.
Amount of Analyst Coverage
Carvana has been the subject of 12 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

2.6 Community Rank

Outperform Votes
Carvana has received 454 “outperform” votes. (Add your “outperform” vote.)
Underperform Votes
Carvana has received 423 “underperform” votes. (Add your “underperform” vote.)
Community Sentiment
Carvana has received 51.77% “outperform” votes from our community.

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.

0.0 Dividend Strength

Dividend Yield
Carvana does not currently pay a dividend.
Dividend Growth
Carvana does not have a long track record of dividend growth.

0.8 Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Carvana insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $681,886,885.00 in company stock.
Percentage Held by Insiders
Only 12.25% of the stock of Carvana is held by insiders.
Percentage Held by Institutions
48.41% of the stock of Carvana is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

0.6 Earnings and Valuation

Earnings Growth
Earnings for Carvana are expected to grow in the coming year, from ($2.29) to ($1.37) per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Carvana is -105.76, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.
Price to Earnings Ratio vs. Sector
The P/E ratio of Carvana is -105.76, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.
Price to Book Value per Share Ratio
Carvana has a P/B Ratio of 229.15. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

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

CIK1690820

Webwww.carvana.com

Phone480-719-8809

Employees7,324

Debt

Debt-to-Equity Ratio1.12

Current Ratio3.18

Quick Ratio1.42

Price-To-Earnings

Trailing P/E RatioN/A

Forward P/E RatioN/A

P/E GrowthN/A

Sales & Book Value

Annual Sales$3.94 billion

Price / Sales12.58

Cash FlowN/A

Price / Cash FlowN/A

Book Value$1.26 per share

Price / Book229.08

Profitability

EPS (Most Recent Fiscal Year)($2.29)

Net Income$-114,660,000.00

Net Margins-3.06%

Return on Equity-43.19%

Return on Assets-9.72%

Miscellaneous

Outstanding Shares171,779,000

Market Cap$49.58 billion

Next Earnings Date2/24/2021 (Estimated)

OptionableOptionable

$288.64

-8.19 (-2.76 %)

(As of 01/15/2021 03:59 PM ET)

30 days | 90 days | 365 days | Advanced Chart

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Carvana (NYSE:CVNA) Frequently Asked Questions

How has Carvana's stock price been impacted by Coronavirus (COVID-19)?

Carvana's stock was trading at $56.59 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization (WHO). Since then, CVNA stock has increased by 410.2% and is now trading at $288.73.
View which stocks have been most impacted by COVID-19.

Is Carvana a buy right now?

27 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Carvana in the last year. There are currently 1 sell rating, 9 hold ratings and 17 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" Carvana stock.
View analyst ratings for Carvana or view MarketBeat's top 5 stock picks.

What stocks does MarketBeat like better than Carvana?

Wall Street analysts have given Carvana a "Buy" rating, but there may be better short-term opportunities in the market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new trading ideas, but Carvana wasn't one of them. MarketBeat thinks these five stocks may be even better buys.
View MarketBeat's top stock picks here.

When is Carvana's next earnings date?

Carvana is scheduled to release its next quarterly earnings announcement on Wednesday, February 24th 2021.
View our earnings forecast for Carvana.

How were Carvana's earnings last quarter?

Carvana Co. (NYSE:CVNA) released its earnings results on Thursday, October, 29th. The company reported ($0.10) earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.29) by $0.19. The company earned $1.54 billion during the quarter, compared to analyst estimates of $1.53 billion. Carvana had a negative return on equity of 43.19% and a negative net margin of 3.06%. Carvana's revenue for the quarter was up 41.0% on a year-over-year basis. During the same quarter in the previous year, the company earned ($0.56) EPS.
View Carvana's earnings history.

What price target have analysts set for CVNA?

27 analysts have issued twelve-month price targets for Carvana's stock. Their forecasts range from $40.00 to $314.00. On average, they anticipate Carvana's share price to reach $221.54 in the next year. This suggests that the stock has a possible downside of 23.3%.
View analysts' price targets for Carvana or view Wall Street analyst' top-rated stocks.

Who are some of Carvana's key competitors?

Some companies that are related to Carvana include Copart (CPRT), CarMax (KMX), Lithia Motors (LAD), IAA (IAA), Casey's General Stores (CASY), AutoNation (AN), Penske Automotive Group (PAG), Vroom (VRM), Murphy USA (MUSA), Asbury Automotive Group (ABG), Camping World (CWH), Group 1 Automotive (GPI), KAR Auction Services (KAR), Rush Enterprises (RUSHA) and Rush Enterprises (RUSHB).
View all of CVNA's 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 NVIDIA (NVDA), Tesla (TSLA), Micron Technology (MU), PayPal (PYPL), Advanced Micro Devices (AMD), Bank of America (BAC), Alibaba Group (BABA), salesforce.com (CRM), Square (SQ) and The Walt Disney (DIS).

Who are Carvana's key executives?

Carvana's management team includes the following people:

Mr. Ernest C. Garcia III, Founder, Pres, CEO & Chairman (Age 38)
Mr. Mark Jenkins, Chief Financial Officer (Age 42, Pay $758.66k)
Mr. Benjamin Huston, Chief Operating Officer (Age 38, Pay $757.92k)
Mr. Paul Breaux, VP, Gen. Counsel & Sec. (Age 37, Pay $606.44k)
Mr. Daniel Gill, Chief Product Officer (Age 38, Pay $658.82k)
Mr. Stephen R. Palmer, Principal Accounting Officer (Age 44)
Mr. Michael Louis Levin CFA, VP of Investor Relations
Mr. Ryan S. Keeton, Chief Brand Officer (Age 43)
Mr. John Mckeon, VP of Financial Planning & Analysis

When did Carvana IPO?

(CVNA) raised $225 million in an 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.

What is Carvana's stock symbol?

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

Who are Carvana's major shareholders?

Carvana's stock is owned by many different retail and institutional investors. Top institutional shareholders include IFM Investors Pty Ltd (0.00%), NuWave Investment Management LLC (0.00%), Breiter Capital Management Inc. (0.00%) and Sowell Financial Services LLC (0.00%). Company insiders that own Carvana stock include Benjamin E Huston, Daniel J Gill, Ernest C Garcia II, Ira J Platt, Mark W Jenkins, Michael E Maroone, Paul W Breaux, Ryan S Keeton and Spruce House Partnership Llc.
View institutional ownership trends for Carvana.

Which institutional investors are buying Carvana stock?

CVNA stock was bought by a variety of institutional investors in the last quarter, including IFM Investors Pty Ltd, NuWave Investment Management LLC, Breiter Capital Management Inc., and Sowell Financial Services LLC.
View insider buying and selling activity for Carvana or or view top insider-buying stocks.

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 WeBull, 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 $288.73.

How big of a company is Carvana?

Carvana has a market capitalization of $49.60 billion and generates $3.94 billion in revenue each year. The company earns $-114,660,000.00 in net income (profit) each year or ($2.29) on an earnings per share basis. Carvana employs 7,324 workers across the globe.

What is Carvana's official website?

The official website for Carvana is 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]

This page was last updated on 1/15/2021 by MarketBeat.com Staff

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