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NYSE:CVNA - Carvana Stock Price, Forecast & News

$88.77
-12.79 (-12.59 %)
(As of 02/28/2020 07:08 AM ET)
Today's Range
$81.10
Now: $88.77
$92.75
50-Day Range
$79.25
MA: $89.54
$110.09
52-Week Range
$40.91
Now: $88.77
$115.23
Volume6.71 million shs
Average Volume1.71 million shs
Market Capitalization$13.45 billion
P/E RatioN/A
Dividend YieldN/A
Beta2.19
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 proprietary 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. Read More…

Industry, Sector and Symbol

Industry Automotive dealers & gasoline service stations
Sub-IndustryN/A
SectorRetail/Wholesale
Previous SymbolNASDAQ:CVNA
CUSIPN/A
Phone480-719-8809

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$3.94 billion
Book Value$1.56 per share

Profitability

Net Income$-61,750,000.00

Miscellaneous

Employees3,879
Market Cap$13.45 billion
Next Earnings Date5/13/2020 (Estimated)
OptionableOptionable

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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, February, 26th. The company reported ($0.79) earnings per share (EPS) for the quarter, missing the Zacks' consensus estimate of ($0.63) by $0.16. The firm had revenue of $1.10 billion for the quarter, compared to analysts' expectations of $1.10 billion. Carvana had a negative net margin of 3.43% and a negative return on equity of 90.20%. View Carvana's Earnings History.

When is Carvana's next earnings date?

Carvana is scheduled to release their next quarterly earnings announcement on Wednesday, May 13th 2020. View Earnings Estimates for Carvana.

What price target have analysts set for CVNA?

20 equities research analysts have issued 12 month price targets for Carvana's stock. Their forecasts range from $30.00 to $125.00. On average, they anticipate Carvana's share price to reach $92.13 in the next year. This suggests a possible upside of 3.8% from the stock's current price. View Analyst Price Targets for Carvana.

What is the consensus analysts' recommendation for Carvana?

20 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Carvana in the last year. There are currently 2 sell ratings, 8 hold ratings and 10 buy ratings for the stock, resulting in a consensus recommendation of "Hold." 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. " (1/7/2020)
  • 2. Barrington Research analysts commented, "We believe Q2/19 results should continue to exhibit solid growth characteristics due to industry-wide used vehicle sales growth, continued acceptance of the company’s E- Commerce model and new market launches." (8/5/2019)
  • 3. Wells Fargo & Co analysts commented, "We discussed the industry with Mark Jenkins, CFO of CVNA, and George Arison, Founder and Co-CEO of privately-held Shift, and came away bullish on the potential for accelerating consumer adoption of buying/selling cars online." (7/1/2019)

Has Carvana been receiving favorable news coverage?

News articles about CVNA stock have trended extremely negative this week, InfoTrie Sentiment reports. The research group scores the sentiment of news coverage by reviewing more than six thousand news and blog sources in real time. The firm ranks coverage of publicly-traded companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Carvana earned a media sentiment score of -4.2 on InfoTrie's scale. They also assigned media headlines about the company a news buzz of 10.0 out of 10, indicating that recent news coverage is extremely likely to have an impact on the company's share price in the next few days. View News Stories for Carvana.

Are investors shorting Carvana?

Carvana saw a increase in short interest during the month of January. As of January 31st, there was short interest totalling 18,330,000 shares, an increase of 5.8% from the January 15th total of 17,330,000 shares. Based on an average daily trading volume, of 1,460,000 shares, the short-interest ratio is presently 12.6 days. Approximately 37.4% of the shares of the company are short sold. View Carvana's Current Options Chain.

Who are some of Carvana's key 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), Alibaba Group (BABA), Bank of America (BAC), Micron Technology (MU), salesforce.com (CRM), Paypal (PYPL), Advanced Micro Devices (AMD), Netflix (NFLX), Twilio (TWLO) and UnitedHealth Group (UNH).

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. Ryan S. Keeton, Chief Brand Officer (Age 41)
  • Mr. Daniel Gill, Chief Product Officer (Age 36)

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 $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 number of of institutional and retail investors. Top institutional shareholders include FMR LLC (3.97%), CAS Investment Partners LLC (1.83%), Credit Suisse AG (0.60%), Bank of New York Mellon Corp (0.50%), ShawSpring Partners LLC (0.42%) and State Street Corp (0.41%). Company insiders that own Carvana stock include Benjamin E Huston, Cvan Holdings Llc, Daniel J Gill, Ddfs Partnership Lp, Ernest C Garcia II, Goodnow Investment Group, Llc, Ira J Platt, Mark W Jenkins, 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 Phoenician Capital LLC, UBS Asset Management Americas Inc., Principal Financial Group Inc., Bank of New York Mellon Corp, Landscape Capital Management L.L.C., FMR LLC, Bank of America Corp DE and Banbury Partners LLC. Company insiders that have sold Carvana company stock in the last year include Benjamin E Huston, Daniel J Gill, Ernest C Garcia II, Ira J Platt, Mark W Jenkins, Paul W Breaux and Ryan S Keeton. View Insider Buying and Selling for Carvana.

Which major investors are buying Carvana stock?

CVNA stock was bought by a variety of institutional investors in the last quarter, including CAS Investment Partners LLC, MUFG Securities EMEA plc, Fred Alger Management LLC, First Trust Advisors LP, TD Asset Management Inc., ShawSpring Partners LLC, Quantbot Technologies LP and Renaissance Technologies LLC. Company insiders that have bought Carvana stock in the last two years include Goodnow Investment Group, Llc, Michael E Maroone 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, Robinhood, Fidelity and Charles Schwab.

What is Carvana's stock price today?

One share of CVNA stock can currently be purchased for approximately $88.77.

How big of a company is Carvana?

Carvana has a market capitalization of $13.45 billion and generates $3.94 billion in revenue each year. The company earns $-61,750,000.00 in net income (profit) each year or ($2.29) on an earnings per share basis. Carvana employs 3,879 workers across the globe.View Additional Information About Carvana.

What is Carvana's official website?

The official website for Carvana is http://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 investor[email protected]


MarketBeat Community Rating for Carvana (NYSE CVNA)

Community Ranking:  2.6 out of 5 (star star)
Outperform Votes:  399 (Vote Outperform)
Underperform Votes:  368 (Vote Underperform)
Total Votes:  767
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 2/28/2020 by MarketBeat.com Staff

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