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

Sign in or create an account to add this stock to your watchlist.
$36.91 +1.10 (+3.07 %)
(As of 01/21/2019 12:49 PM ET)
Previous Close$35.81
Today's Range$36.16 - $37.27
52-Week Range$16.02 - $72.59
Volume1.31 million shs
Average Volume1.51 million shs
Market Capitalization$5.32 billion
P/E Ratio-30.50
Dividend YieldN/A
Beta2.71
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.

Receive CVNA News and Ratings via Email

Sign-up to receive the latest news and ratings for CVNA and its competitors with MarketBeat's FREE daily newsletter.

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$858.87 million
Book Value$1.37 per share

Profitability

Net Income$-18,310,000.00

Miscellaneous

Employees1,864
Market Cap$5.32 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 for the quarter, missing the Zacks' consensus estimate of ($0.37) by $0.03. The company 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 business's revenue for the quarter was up 137.8% on a year-over-year basis. During the same period in the prior year, the business earned ($0.29) EPS. View Carvana's Earnings History.

When is Carvana's next earnings date?

Carvana is scheduled to release their next quarterly earnings announcement on Tuesday, March 5th 2019. View Earnings Estimates for Carvana.

What price target have analysts set for CVNA?

14 brokers have issued twelve-month target prices for Carvana's shares. Their predictions range from $23.00 to $76.00. On average, they anticipate Carvana's stock price to reach $56.3636 in the next twelve months. This suggests a possible upside of 52.7% from the stock's current price. View Analyst Price Targets for Carvana.

What is the consensus analysts' recommendation for Carvana?

14 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Carvana in the last year. There are currently 1 sell rating, 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?

Media stories about CVNA stock have been trending positive on Monday, InfoTrie reports. The research group scores the sentiment of news coverage by monitoring more than six thousand blog and news sources. The firm ranks coverage of public companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Carvana earned a coverage optimism score of 2.7 on InfoTrie's scale. They also gave press coverage about the company a news buzz of 1.0 out of 10, indicating that recent news coverage is extremely unlikely to have an effect on the stock's share price in the next few days.

Who are some of Carvana's key competitors?

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 many different of retail and institutional investors. Top institutional shareholders include Parkside Advisors LLC (0.01%) and CX Institutional (0.00%). 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 institutional investors are buying Carvana stock?

CVNA stock was bought by a variety of institutional investors in the last quarter, including CX Institutional and Parkside Advisors 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 $36.91.

How big of a company is Carvana?

Carvana has a market capitalization of $5.32 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?

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 [email protected]


MarketBeat Community Rating for Carvana (NYSE CVNA)

Community Ranking:  2.6 out of 5 (star star)
Outperform Votes:  277 (Vote Outperform)
Underperform Votes:  249 (Vote Underperform)
Total Votes:  526
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 1/21/2019 by MarketBeat.com Staff

Enter your email address below to receive a concise daily summary of analysts' upgrades, downgrades and new coverage with MarketBeat.com's FREE daily email newsletter.

Yahoo Gemini Pixel