Carvana Stock Price, News & Analysis (NYSE:CVNA)

$75.51
-1.05 (-1.37 %)
(As of 09/23/2019 07:10 AM ET)
Today's Range
$74.77
Now: $75.51
$78.10
50-Day Range
$57.92
MA: $77.25
$84.90
52-Week Range
$28.44
Now: $75.51
$85.07
Volume2.06 million shs
Average Volume1.24 million shs
Market Capitalization$11.41 billion
P/E RatioN/A
Dividend YieldN/A
Beta2.24
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$1.96 billion
Book Value$1.56 per share

Profitability

Net Income$-61,750,000.00

Miscellaneous

Employees3,879
Market Cap$11.41 billion
Next Earnings Date11/6/2019 (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 data on Wednesday, August, 7th. The company reported ($0.40) earnings per share (EPS) for the quarter, missing the Zacks' consensus estimate of ($0.39) by $0.01. The firm had revenue of $986.22 million for the quarter, compared to the consensus estimate of $914.50 million. Carvana had a negative return on equity of 30.55% and a negative net margin of 3.49%. The firm's quarterly revenue was up 107.5% compared to the same quarter last year. During the same quarter in the previous year, the business posted ($0.37) earnings per share. View Carvana's Earnings History.

When is Carvana's next earnings date?

Carvana is scheduled to release their next quarterly earnings announcement on Wednesday, November 6th 2019. View Earnings Estimates for Carvana.

What guidance has Carvana issued on next quarter's earnings?

Carvana issued an update on its FY 2019 earnings guidance on Wednesday, August, 7th. The company provided earnings per share guidance of for the period. The company issued revenue guidance of $3.6-3.7 billion, compared to the consensus revenue estimate of $3.67 billion.

What price target have analysts set for CVNA?

16 equities research analysts have issued 12-month price targets for Carvana's stock. Their forecasts range from $30.00 to $105.00. On average, they anticipate Carvana's stock price to reach $77.6923 in the next twelve months. This suggests a possible upside of 2.9% from the stock's current price. View Analyst Price Targets for Carvana.

What is the consensus analysts' recommendation for Carvana?

16 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 10 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. 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)
  • 2. According to Zacks Investment Research, "Carvana Co. provide eCommerce platform for buying used cars. Carvana Co. is headquartered in Phoenix, Arizona. " (7/9/2019)
  • 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?

Headlines about CVNA stock have trended somewhat negative recently, InfoTrie Sentiment reports. The research group identifies positive and negative press coverage by analyzing more than six thousand blog and news sources. The firm ranks coverage of public companies on a scale of -5 to 5, with scores closest to five being the most favorable. Carvana earned a daily sentiment score of -1.3 on InfoTrie's scale. They also gave media stories about the company a news buzz of 0.0 out of 10, indicating that recent press coverage is extremely unlikely to have an effect on the company's share price in the near term. View News Stories for Carvana.

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), Micron Technology (MU), Alibaba Group (BABA), Bank of America (BAC), Square (SQ), Netflix (NFLX), salesforce.com (CRM), Canopy Growth (CGC), Twilio (TWLO) and Advanced Micro Devices (AMD).

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 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 number of of institutional and retail investors. Top institutional investors include Vanguard Group Inc. (2.57%), Goodnow Investment Group LLC (1.25%), Whale Rock Capital Management LLC (1.17%), BlackRock Inc. (1.12%), Grantham Mayo Van Otterloo & Co. LLC (0.80%) and Bank of New York Mellon Corp (0.68%). Company insiders that own Carvana stock include 2014 Fidel Family Trust Dated, 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 institutional investors are selling Carvana stock?

CVNA stock was sold by a variety of institutional investors in the last quarter, including Morgan Stanley, BlackRock Inc., UBS Asset Management Americas Inc., Whale Rock Capital Management LLC, Cheyne Capital Management UK LLP, Goodnow Investment Group LLC, Requisite Capital Management LLC and ShawSpring 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 institutional investors are buying Carvana stock?

CVNA stock was bought by a variety of institutional investors in the last quarter, including Vanguard Group Inc., Balyasny Asset Management LLC, Nuveen Asset Management LLC, Wells Fargo & Company MN, Bank of America Corp DE, Grantham Mayo Van Otterloo & Co. LLC, Swiss National Bank and Paloma Partners Management Co. 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 $75.51.

How big of a company is Carvana?

Carvana has a market capitalization of $11.41 billion and generates $1.96 billion in revenue each year. The company earns $-61,750,000.00 in net income (profit) each year or ($1.73) 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 [email protected]


MarketBeat Community Rating for Carvana (NYSE CVNA)

Community Ranking:  2.6 out of 5 (star star)
Outperform Votes:  342 (Vote Outperform)
Underperform Votes:  326 (Vote Underperform)
Total Votes:  668
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 9/23/2019 by MarketBeat.com Staff

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