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
Stock Exchange NYSE
Industry Automotive dealers & gasoline service stations
Sub-IndustryN/A
SectorRetail/Wholesale
Current SymbolNYSE:CVNA
Previous SymbolNASDAQ:CVNA
CUSIPN/A
Phone480-719-8809
Debt
Debt-to-Equity Ratio1.55
Current Ratio2.04
Quick Ratio1.30
Price-To-Earnings
Trailing P/E Ratio-37.38
Forward P/E Ratio-26.14
P/E GrowthN/A
Sales & Book Value
Annual Sales$858.87 million
Price / Sales7.06
Cash FlowN/A
Price / CashN/A
Book Value$1.37 per share
Price / Book30.72
Profitability
EPS (Most Recent Fiscal Year)($1.21)
Net Income$-18,310,000.00
Net Margins-5.01%
Return on Equity-35.13%
Return on Assets-8.68%
Miscellaneous
Employees1,864
Outstanding Shares144,060,000
Market Cap$6.63 billion
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) posted its quarterly earnings results on Wednesday, November, 7th. The company reported ($0.40) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.37) by $0.03. The firm had revenue of $535 million for the quarter, compared to analysts' expectations of $509.09 million. Carvana had a negative return on equity of 35.13% and a negative net margin of 5.01%. The company's revenue for the quarter was up 137.8% on a year-over-year basis. During the same period in the prior year, the company earned ($0.29) earnings per share. View Carvana's Earnings History.
When is Carvana's next earnings date?
What price target have analysts set for CVNA?
13 analysts have issued twelve-month target prices for Carvana's stock. Their forecasts range from $23.50 to $77.00. On average, they expect Carvana's stock price to reach $59.1364 in the next twelve months. This suggests a possible upside of 30.2% from the stock's current price. View Analyst Price Targets for Carvana.
What is the consensus analysts' recommendation for Carvana?
13 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Carvana in the last year. There are currently 4 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. " (11/13/2018)
- 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?
News headlines about CVNA stock have trended somewhat positive on Monday, InfoTrie Sentiment Analysis reports. The research firm rates the sentiment of media coverage by reviewing more than six thousand news and blog sources. The firm ranks coverage of public companies on a scale of negative five to five, with scores closest to five being the most favorable. Carvana earned a media sentiment score of 1.3 on InfoTrie's scale. They also assigned media coverage about the company a news buzz of 10.0 out of 10, meaning that recent media coverage is extremely likely to have an effect on the company's share price in the near term.
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), Camping World (CWH), Rush Enterprises (RUSHB), Rush Enterprises (RUSHA), Asbury Automotive Group (ABG), Group 1 Automotive (GPI), Fincera (YUANF) and Sonic Automotive (SAH).
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 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 served 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 retail and institutional investors. Top institutional investors include BlackRock Inc. (1.50%), Sylebra HK Co Ltd (1.14%), Point72 Asset Management L.P. (0.83%), Frontier Capital Management Co. LLC (0.52%), Bank of New York Mellon Corp (0.49%) and Gilder Gagnon Howe & Co. LLC (0.47%). 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 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, Frontier Capital Management Co. LLC, Chicago Capital LLC, Advisory Research Inc., EAM Investors LLC, Taylor Frigon Capital Management LLC, Teachers Advisors LLC and Man Group plc. Company insiders that have sold Carvana company stock in the last year include 2014 Fidel Family Trust Dated, 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 institutional investors are buying Carvana stock?
CVNA stock was acquired by a variety of institutional investors in the last quarter, including Point72 Asset Management L.P., BlackRock Inc., JS Capital Management LLC, Cheyne Capital Management UK LLP, Sylebra HK Co Ltd, Penserra Capital Management LLC, TTP Investments Inc. and Dimensional Fund Advisors LP. 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 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 $45.41.
How big of a company is Carvana?
Carvana has a market capitalization of $6.63 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.
