Investors with the goal of beating the broader market often turn to stock selection. Strategic choices in individual stocks can have a profound impact on your wealth.
The closing price of Carvana Co (NYSE: CVNA) was $234.05 for the day, up 0.74% from the previous closing price of $232.32. In other words, the price has increased by $0.74 from its previous closing price. On the day, 2.22 million shares were traded. CVNA stock price reached its highest trading level at $243.61 during the session, while it also had its lowest trading level at $233.94.
Ratios:
Our analysis of CVNA’s different ratios will help us gain a deeper understanding of the company. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 34.84 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 91.00. For the most recent quarter (mrq), Quick Ratio is recorded 2.12 and its Current Ratio is at 3.25. In the meantime, Its Debt-to-Equity ratio is 10.22 whereas as Long-Term Debt/Eq ratio is at 9.59.
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, Citigroup on January 08, 2025, Upgraded its rating to Buy and sets its target price to $277 from $195 previously.
On January 07, 2025, RBC Capital Mkts Upgraded its rating to Outperform which previously was Sector Perform and also upped its target price recommendation from $270 to $280.
Morgan Stanley Upgraded its Underweight to Equal-Weight on November 05, 2024, whereas the target price for the stock was revised from $110 to $260.
Insider Transactions:
Also, insider trades can serve as a great indicator of what management thinks about the future direction of a stock’s price. A recent insider transaction in this stock occurred on Jan 02 ’25 when JENKINS MARK W. sold 10,000 shares for $200.75 per share. The transaction valued at 2,007,503 led to the insider holds 189,097 shares of the business.
MARK JENKINS bought 10,000 shares of CVNA for $2,033,600 on Jan 02 ’25. On Dec 12 ’24, another insider, KEETON RYAN S., who serves as the Chief Brand Officer of the company, sold 24,845 shares for $247.90 each. As a result, the insider received 6,158,992 and left with 151,029 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 27371446272 and an Enterprise Value of 34627837952. As of this moment, Carvana’s Price-to-Earnings (P/E) ratio for their current fiscal year is 27863.10, and their Forward P/E ratio for the next fiscal year is 85.05. For the stock, the TTM Price-to-Sale (P/S) ratio is 3.87 while its Price-to-Book (P/B) ratio in mrq is 48.44. Its current Enterprise Value per Revenue stands at 2.759 whereas that against EBITDA is 34.353.
Stock Price History:
The Beta on a monthly basis for CVNA is 3.37, which has changed by 4.6663413 over the last 52 weeks, in comparison to a change of 0.24359846 over the same period for the S&P500. Over the past 52 weeks, CVNA has reached a high of $268.34, while it has fallen to a 52-week low of $40.21. The 50-Day Moving Average of the stock is 0.33%, while the 200-Day Moving Average is calculated to be 45.11%.
Shares Statistics:
CVNA traded an average of 3.47M shares per day over the past three months and 4897690 shares per day over the past ten days. A total of 126.44M shares are outstanding, with a floating share count of 115.66M. Insiders hold about 10.00% of the company’s shares, while institutions hold 85.82% stake in the company. Shares short for CVNA as of 1735603200 were 13399682 with a Short Ratio of 3.86, compared to 1732838400 on 13499907. Therefore, it implies a Short% of Shares Outstanding of 13399682 and a Short% of Float of 12.2700006.
