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The price of Carvana Co (NYSE: CVNA) closed at $238.93 in the last session, up 1.38% from day before closing price of $235.68. In other words, the price has increased by $1.38 from its previous closing price. On the day, 2.95 million shares were traded. CVNA stock price reached its highest trading level at $244.76 during the session, while it also had its lowest trading level at $233.9.
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 35.56 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 92.90. 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, Morgan Stanley on November 05, 2024, Upgraded its rating to Equal-Weight and sets its target price to $260 from $110 previously.
Evercore ISI reiterated its In-line rating for the stock on September 16, 2024, while the target price for the stock was revised from $142 to $157.
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 Nov 04 ’24 when JENKINS MARK W. sold 208,495 shares for $224.43 per share. The transaction valued at 46,793,400 led to the insider holds 90,732 shares of the business.
JENKINS MARK W. sold 40,000 shares of CVNA for $9,330,766 on Nov 05 ’24. The Chief Financial Officer now owns 50,732 shares after completing the transaction at $233.27 per share. On Nov 06 ’24, another insider, JENKINS MARK W., who serves as the Chief Financial Officer of the company, sold 20,000 shares for $241.78 each. As a result, the insider received 4,835,656 and left with 170,732 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 27942146048 and an Enterprise Value of 35254964224. As of this moment, Carvana’s Price-to-Earnings (P/E) ratio for their current fiscal year is 28444.05, and their Forward P/E ratio for the next fiscal year is 89.45. For the stock, the TTM Price-to-Sale (P/S) ratio is 3.95 while its Price-to-Book (P/B) ratio in mrq is 49.45. Its current Enterprise Value per Revenue stands at 2.809 whereas that against EBITDA is 34.975.
Stock Price History:
Over the past 52 weeks, CVNA has reached a high of $259.39, while it has fallen to a 52-week low of $27.75. The 50-Day Moving Average of the stock is 33.51%, while the 200-Day Moving Average is calculated to be 99.39%.
Shares Statistics:
According to the various share statistics, CVNA traded on average about 3.15M shares per day over the past 3-months and 4466430 shares per day over the past 10 days. A total of 128.51M shares are outstanding, with a floating share count of 115.33M. Insiders hold about 10.26% of the company’s shares, while institutions hold 83.60% stake in the company. Shares short for CVNA as of 1728950400 were 13643176 with a Short Ratio of 4.33, compared to 1726185600 on 13996296. Therefore, it implies a Short% of Shares Outstanding of 13643176 and a Short% of Float of 12.740000000000002.
