Carvana 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.
Industry, Sector and Symbol
Industry Automotive dealers & gasoline service stations
Sub-IndustryN/A
SectorRetail/Wholesale
Phone480-719-8809
Debt
Price-To-Earnings
Sales & Book Value
Annual Sales$858.87 million
Profitability
Miscellaneous
Employees1,864
Next Earnings Date2/27/2019 (Confirmed)
OptionableOptionable
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) released its earnings results on Wednesday, August, 8th. The company reported ($0.37) earnings per share (EPS) for the quarter, missing the Thomson Reuters' consensus estimate of ($0.34) by $0.03. The company earned $475.29 million during the quarter, compared to analyst estimates of $425.16 million. Carvana had a negative return on equity of 35.13% and a negative net margin of 5.01%. Carvana's revenue was up 127.0% on a year-over-year basis. During the same period in the prior year, the business posted ($0.28) earnings per share. View Carvana's Earnings History.
When is Carvana's next earnings date?
How can I listen to Carvana's earnings call?
Carvana will be holding an earnings conference call on Wednesday, February 27th at 5:30 PM Eastern. Interested parties can register for or listen to the call using this link or dial in at 8332552830.
What price target have analysts set for CVNA?
15 equities research analysts have issued 1 year price objectives for Carvana's stock. Their forecasts range from $23.00 to $76.00. On average, they expect Carvana's stock price to reach $56.3636 in the next twelve months. This suggests a possible upside of 57.4% from the stock's current price. View Analyst Price Targets for Carvana.
What is the consensus analysts' recommendation for Carvana?
15 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Carvana in the last year. There are currently 1 sell rating, 5 hold ratings and 9 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. " (2/4/2019)
- 2. Barrington Research analysts commented, "We believe Q3/18 results will at least be in line with guidance ranges based on continued acceptance of the company’s e-Commerce model, as well as new market launches that enable the company to offer as soon as next day delivery in nearly 80 markets throughout the U.S. collectively serving 52.8% of the U.S. population." (11/5/2018)
Has Carvana been receiving favorable news coverage?
Media coverage about CVNA stock has trended somewhat positive on Friday, InfoTrie Sentiment reports. InfoTrie identifies negative and positive news coverage by reviewing more than six thousand news and blog sources in real-time. The firm ranks coverage of companies on a scale of negative five to five, with scores closest to five being the most favorable. Carvana earned a news sentiment score of 1.0 on InfoTrie's scale. They also gave press coverage about the company a news buzz of 2.0 out of 10, indicating that recent news coverage is very unlikely to have an impact on the company's share price in the immediate future.
Who are some of Carvana's key competitors?
Some companies that are related to Carvana include Copart (CPRT), CarMax (KMX), KAR Auction Services (KAR), Casey's General Stores (CASY), Penske Automotive Group (PAG), AutoNation (AN), Murphy USA (MUSA), Lithia Motors (LAD), Rush Enterprises (RUSHA), Rush Enterprises (RUSHB), Asbury Automotive Group (ABG), Camping World (CWH), Group 1 Automotive (GPI), Fincera (YUANF) and Sonic Automotive (SAH).
What other stocks do shareholders of Carvana own?
Who are Carvana's key executives?
Carvana's management team includes the folowing people:
- Mr. Ernest C. Garcia III, Founder, Pres, CEO & Chairman (Age 36)
- Mr. Mark Jenkins, Chief Financial Officer (Age 40)
- Mr. Benjamin Huston, Chief Operating Officer (Age 36)
- 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 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 are Carvana's major shareholders?
Carvana's stock is owned by a variety of of institutional and retail investors. Top institutional shareholders include Spruce House Investment Management LLC (3.82%), BlackRock Inc. (1.46%), 683 Capital Management LLC (1.29%), Requisite Energy Fund I LP (1.22%), Sylebra HK Co Ltd (0.92%) and Hound Partners LLC (0.92%). Company insiders that own Carvana stock include 2014 Fidel Family Trust Dated, Benjamin E Huston, Cvan Holdings Llc, Ddfs Partnership Lp, Ernest C Garcia II, Ernest C Garcia III, Goodnow Investment Group, Llc, Ira J Platt, John T Mckeon, Michael E Maroone, Paul W Breaux, Ryan S Keeton and Spruce House Partnership Lp. View Institutional Ownership Trends for Carvana.
Which major investors are selling Carvana stock?
CVNA stock was sold by a variety of institutional investors in the last quarter, including Penserra Capital Management LLC, Sylebra HK Co Ltd, Whale Rock Capital Management LLC, Cheyne Capital Management UK LLP, Raymond James Financial Services Advisors Inc., MetLife Investment Advisors LLC, New York State Common Retirement Fund and Blueport Capital L.P.. Company insiders that have sold Carvana company stock in the last year include Benjamin E Huston, Cvan Holdings Llc, Ddfs Partnership Lp, Ernest C Garcia II, Ira J Platt and Paul W Breaux. View Insider Buying and Selling for Carvana.
Which major investors are buying Carvana stock?
CVNA stock was acquired by a variety of institutional investors in the last quarter, including Requisite Energy Fund I LP, Hound Partners LLC, Spruce House Investment Management LLC, Bank of New York Mellon Corp, Phoenician Capital LLC, 683 Capital Management LLC, Barclays PLC and HAP Trading 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, Michael E Maroone, Ryan S Keeton and Spruce House Partnership Lp. 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 $35.82.
How big of a company is Carvana?
Carvana has a market capitalization of $5.16 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.
What is Carvana's official website?
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)
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.
