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

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$57.99 +1.65 (+2.93 %)
(As of 03/26/2019 04:00 PM ET)
Previous Close$56.34
Today's Range$57.07 - $59.59
52-Week Range$21.01 - $72.59
Volume193,026 shs
Average Volume2.53 million shs
Market Capitalization$8.44 billion
P/E Ratio-33.54
Dividend YieldN/A
Beta2.34
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.

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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$8.44 billion
Next Earnings Date5/8/2019 (Estimated)
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, February, 27th. The company reported ($0.55) earnings per share for the quarter, missing the Zacks' consensus estimate of ($0.47) by $0.08. The business had revenue of $584.80 million for the quarter, compared to analyst estimates of $601.14 million. Carvana had a negative return on equity of 21.06% and a negative net margin of 3.16%. The firm's quarterly revenue was up 120.6% on a year-over-year basis. During the same quarter in the prior year, the firm earned ($0.36) EPS. 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 8th 2019. View Earnings Estimates for Carvana.

What price target have analysts set for CVNA?

15 Wall Street analysts have issued 12 month price objectives for Carvana's stock. Their predictions range from $21.00 to $76.00. On average, they expect Carvana's share price to reach $54.7273 in the next year. This suggests that the stock has a possible downside of 5.6%. 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. " (3/18/2019)
  • 2. Wells Fargo & Co analysts commented, "We model EBITDA margin improvement (600bps) to -4.6%, in line with midpoint of guide." (2/28/2019)
  • 3. 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 articles about CVNA stock have trended somewhat negative on Tuesday, according to InfoTrie Sentiment Analysis. The research group identifies negative and positive media coverage by analyzing more than six thousand news and blog sources in real time. The firm ranks coverage of public companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Carvana earned a daily sentiment score of -1.6 on InfoTrie's scale. They also gave news articles 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?

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), Micron Technology (MU), Bank of America (BAC), Home Depot (HD), Square (SQ), Twilio (TWLO), salesforce.com (CRM), Advanced Micro Devices (AMD) and Netflix (NFLX).

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 investors include Spruce House Investment Management LLC (3.82%), FMR LLC (2.49%), BlackRock Inc. (1.46%), 683 Capital Management LLC (1.29%), Requisite Energy Fund I LP (1.22%) and Sylebra HK Co Ltd (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 purchased by a variety of institutional investors in the last quarter, including FMR LLC, Requisite Energy Fund I LP, Hound Partners LLC, American Century Companies Inc., Spruce House Investment Management LLC, Bank of New York Mellon Corp, Phoenician Capital LLC and 683 Capital Management 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 $57.99.

How big of a company is Carvana?

Carvana has a market capitalization of $8.44 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.

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:  299 (Vote Outperform)
Underperform Votes:  278 (Vote Underperform)
Total Votes:  577
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 3/26/2019 by MarketBeat.com Staff

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