Carvana Co. (CVNA) Stocks Hit Low of $74.83 Before Closing at $75.47

In the latest session, Carvana Co. (NYSE: CVNA) closed at $75.47 down -6.16% from its previous closing price of $80.42. In other words, the price has decreased by -$4.95 from its previous closing price. On the day, 8205088 shares were traded. CVNA stock price reached its highest trading level at $82.20 during the session, while it also had its lowest trading level at $74.83.

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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 8.96 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 12.02. 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.

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 Feb 23 when BREAUX PAUL W. sold 15,000 shares for $69.00 per share. The transaction valued at 1,035,000 led to the insider holds 150,126 shares of the business.

Palmer Stephen R sold 406 shares of CVNA for $16,634 on Feb 02. The Vice President of Accounting now owns 68,702 shares after completing the transaction at $40.97 per share. On Jan 02, another insider, Palmer Stephen R, who serves as the Vice President of Accounting of the company, sold 4,515 shares for $49.57 each. As a result, the insider received 223,809 and left with 69,108 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 8.78B and an Enterprise Value of 14.59B. As of this moment, Carvana’s Price-to-Earnings (P/E) ratio for their current fiscal year is 101.64. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.80 while its Price-to-Book (P/B) ratio in mrq is 35.48. Its current Enterprise Value per Revenue stands at 1.35 whereas that against EBITDA is 12.58.

Stock Price History:

Over the past 52 weeks, CVNA has reached a high of $83.37, while it has fallen to a 52-week low of $6.45. The 50-Day Moving Average of the stock is 50.42, while the 200-Day Moving Average is calculated to be 38.06.

Shares Statistics:

For the past three months, CVNA has traded an average of 9.05M shares per day and 12.92M over the past ten days. A total of 114.24M shares are outstanding, with a floating share count of 94.09M. Insiders hold about 17.49% of the company’s shares, while institutions hold 100.00% stake in the company. Shares short for CVNA as of Feb 15, 2024 were 33.33M with a Short Ratio of 3.68, 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 18 different market analysts currently analyzing its stock. On average, analysts expect EPS of -$0.84 for the current quarter, with a high estimate of -$0.45 and a low estimate of -$2.07, while EPS last year was -$1.51. The consensus estimate for the next quarter is -$0.78, with high estimates of -$0.3 and low estimates of -$1.64.

Analysts are recommending an EPS of between -$1.84 and -$10.07 for the fiscal current year, implying an average EPS of -$3.68. EPS for the following year is -$2.62, with 17 analysts recommending between -$1.78 and -$5.39.

Revenue Estimates

A total of 24 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 $11.18B. In the same quarter a year ago, actual revenue was $10.77B, up 3.80% from the average estimate. Based on 21 analysts’ estimates, the company’s revenue will be $12.92B 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 15.60% from the average revenue estimate for this year.

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