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

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

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

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

12 analysts have issued 1-year price targets for Carvana's shares. Their forecasts range from $23.00 to $76.00. On average, they expect Carvana's stock 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.

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.

Carvana saw a decline in short interest during 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 daily trading volume, of 681,946 shares, the days-to-cover ratio is currently 15.4 days. Approximately 36.8% of the shares of the stock are short sold. View Carvana's Current Options Chain.

Some companies that are related to Carvana include Copart (CPRT), CarMax (KMX), KAR Auction Services (KAR), Penske Automotive Group (PAG), AutoNation (AN), Casey's General Stores (CASY), Murphy USA (MUSA), Lithia Motors (LAD), Rush Enterprises, Inc. Class B (RUSHB), Camping World (CWH), Rush Enterprises, Inc. Class A (RUSHA), Asbury Automotive Group (ABG), Group 1 Automotive (GPI), Fincera (YUANF) and Sonic Automotive (SAH).

(CVNA) raised $225 million in an initial public offering 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 acted as the underwriters for the IPO and Baird, William Blair, BMO Capital Markets and JMP Securities were co-managers.

Media stories about CVNA stock have been trending somewhat positive recently, Accern reports. The research group scores the sentiment of media coverage by reviewing more than twenty million blog and news sources. Accern ranks coverage of public 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 0.08 on Accern's scale. They also gave media coverage about the company an impact score of 45.02 out of 100, indicating that recent media coverage is somewhat unlikely to have an impact on the company's share price in the immediate future. View Recent Headlines for Carvana.

Carvana's stock is owned by many different of institutional and retail investors. Top institutional shareholders 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.

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.

CVNA stock was purchased 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.

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.

One share of CVNA stock can currently be purchased for approximately $58.53.

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.

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]