In the latest session, Carvana Co. (NYSE: CVNA) closed at $78.10 down -8.44% from its previous closing price of $85.30. In other words, the price has decreased by -$7.20 from its previous closing price. On the day, 4965799 shares were traded.
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Ratios:
For a deeper understanding of Carvana Co.’s stock, let’s take a closer look at its various ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 9.46 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 12.68. For the most recent quarter (mrq), Quick Ratio is recorded 1.41 and its Current Ratio is at 2.16. In the meantime, Its Debt-to-Equity ratio is 27.94 whereas as Long-Term Debt/Eq ratio is at 24.07.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for the company, RBC Capital Mkts on March 08, 2024, Upgraded its rating to Sector Perform and sets its target price to $90 from $45 previously.
Insider Transactions:
Additionally, insider trades can be beneficial to investors who want to learn what the management thinks about stock prices in the future. A recent insider transaction in this stock occurred on Mar 08 ’24 when BREAUX PAUL W. sold 20,000 shares for $89.00 per share. The transaction valued at 1,780,000 led to the insider holds 115,032 shares of the business.
PARIKH NEHA bought 1,300 shares of CVNA for $99,684 on Mar 05 ’24. The Director now owns 59,795 shares after completing the transaction at $76.68 per share. On Mar 04 ’24, another insider, Palmer Stephen R, who serves as the Vice President of Accounting of the company, sold 474 shares for $80.62 each. As a result, the insider received 38,214 and left with 67,514 shares of the company.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, CVNA now has a Market Capitalization of 9.92B and an Enterprise Value of 15.73B. As of this moment, Carvana’s Price-to-Earnings (P/E) ratio for their current fiscal year is 105.19. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.84 while its Price-to-Book (P/B) ratio in mrq is 36.72. Its current Enterprise Value per Revenue stands at 1.46 whereas that against EBITDA is 13.57.
Stock Price History:
Over the past 52 weeks, CVNA has reached a high of $90.48, while it has fallen to a 52-week low of $6.45. The 50-Day Moving Average of the stock is 54.35, while the 200-Day Moving Average is calculated to be 40.78.
Shares Statistics:
For the past three months, CVNA has traded an average of 8.58M shares per day and 9.22M over the past ten days. A total of 114.24M shares are outstanding, with a floating share count of 96.29M. Insiders hold about 17.19% of the company’s shares, while institutions hold 98.08% stake in the company. Shares short for CVNA as of Feb 15, 2024 were 33.33M with a Short Ratio of 3.88, compared to 33.56M on Jan 12, 2024. Therefore, it implies a Short% of Shares Outstanding of 29.18% and a Short% of Float of 42.96%.
Earnings Estimates
There are 13 different market analysts currently analyzing its stock. On average, analysts expect EPS of -$0.77 for the current quarter, with a high estimate of -$0.58 and a low estimate of -$1.45, while EPS last year was -$1.51. The consensus estimate for the next quarter is -$0.73, with high estimates of -$0.3 and low estimates of -$1.64.
Analysts are recommending an EPS of between -$1.84 and -$6.12 for the fiscal current year, implying an average EPS of -$3.07. EPS for the following year is -$2.42, with 14 analysts recommending between -$1.42 and -$5.39.
Revenue Estimates
A total of 19 analysts have provided revenue estimates for CVNA’s current fiscal year. The highest revenue estimate was $12.11B, while the lowest revenue estimate was $10.5B, resulting in an average revenue estimate of $11.14B. In the same quarter a year ago, actual revenue was $10.77B, up 3.40% from the average estimate. Based on 19 analysts’ estimates, the company’s revenue will be $12.8B in the next fiscal year. The high estimate is $15.04B and the low estimate is $11.15B. The average revenue growth estimate for next year is up 14.90% from the average revenue estimate for this year.
