The price of Carvana Co. (NYSE: CVNA) closed at $69.83 in the last session, down -6.88% from day before closing price of $74.99. On the day, 5888806 shares were traded.
Ratios:
We take a closer look at CVNA’s different ratios to gain a better understanding of the stock. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 8.46 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 11.34. 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, Jefferies on March 12, 2024, Upgraded its rating to Hold and sets its target price to $85 from $30 previously.
On March 08, 2024, RBC Capital Mkts Upgraded its rating to Sector Perform which previously was Underperform and also upped its target price recommendation from $45 to $90.
Insider Transactions:
An investor can also benefit from insider trades by learning what management is thinking about the future direction of stock prices. A recent insider transaction in this stock occurred on Apr 11 ’24 when GARCIA ERNEST C. II sold 50,000 shares for $80.13 per share. The transaction valued at 4,006,495 led to the insider holds 3,312,500 shares of the business.
GILL DANIEL J. sold 10,335 shares of CVNA for $856,234 on Apr 02 ’24. The Chief Product Officer now owns 392,038 shares after completing the transaction at $82.85 per share. On Apr 02 ’24, another insider, GARCIA ERNEST C. III, who serves as the Chief Executive Officer of the company, sold 9,390 shares for $82.83 each. As a result, the insider received 777,764 and left with 861,458 shares of the company.
Valuation Measures:
As of this moment, Carvana’s Price-to-Earnings (P/E) ratio for their current fiscal year is 94.05. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.75 while its Price-to-Book (P/B) ratio in mrq is 32.83.
Stock Price History:
Over the past 52 weeks, CVNA has reached a high of $94.04, while it has fallen to a 52-week low of $6.70.
Shares Statistics:
A total of 114.24M shares are outstanding, with a floating share count of 96.28M. Insiders hold about 17.20% of the company’s shares, while institutions hold 98.06% stake in the company.
Earnings Estimates
The company has Carvana Co. analysts who recommend its stock at the moment. The consensus estimate for the next quarter is $43.21, with high estimates of $0.00 and low estimates of $8.20.
Analysts are recommending an EPS of between $Healthcare and $Healthcare for the fiscal current year, implying an average EPS of $Financial Services.
