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The closing price of Carvana Co. (NYSE: CVNA) was $172.70 for the day, down -1.40% from the previous closing price of $175.15. In other words, the price has decreased by -$1.40 from its previous closing price. On the day, 3.44 million shares were traded. CVNA stock price reached its highest trading level at $173.7 during the session, while it also had its lowest trading level at $169.09.
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 20.80 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 28.98. For the most recent quarter (mrq), Quick Ratio is recorded 2.02 and its Current Ratio is at 3.11. In the meantime, Its Debt-to-Equity ratio is 11.88 whereas as Long-Term Debt/Eq ratio is at 11.16.
On September 16, 2024, Evercore ISI reiterated its In-line rating and also lowered its target price recommendation from $142 to $157.
On September 12, 2024, Stephens started tracking the stock assigning a Overweight rating and target price of $190.Stephens initiated its Overweight rating on September 12, 2024, with a $190 target price.
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 Sep 20 ’24 when GILL DANIEL J. sold 30,000 shares for $175.00 per share. The transaction valued at 5,250,000 led to the insider holds 328,329 shares of the business.
BREAUX PAUL W. sold 15,000 shares of CVNA for $2,595,000 on Sep 20 ’24. The insider now owns 112,890 shares after completing the transaction at $173.00 per share. On Sep 20 ’24, another insider, GARCIA ERNEST C. II, who serves as the 10% Owner of the company, sold 100,000 shares for $171.74 each. As a result, the insider received 17,173,814 and left with 0 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 20196747264 and an Enterprise Value of 26223419392. As of this moment, Carvana’s Price-to-Earnings (P/E) ratio for their current fiscal year is 54.50, and their Forward P/E ratio for the next fiscal year is 124.59. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.83 while its Price-to-Book (P/B) ratio in mrq is 39.75. Its current Enterprise Value per Revenue stands at 2.247 whereas that against EBITDA is 35.775.
Stock Price History:
Over the past 52 weeks, CVNA has reached a high of $176.33, while it has fallen to a 52-week low of $25.09. The 50-Day Moving Average of the stock is 20.27%, while the 200-Day Moving Average is calculated to be 79.55%.
Shares Statistics:
CVNA traded an average of 4.21M shares per day over the past three months and 4154840 shares per day over the past ten days. A total of 114.24M shares are outstanding, with a floating share count of 110.95M. Insiders hold about 10.39% of the company’s shares, while institutions hold 86.65% stake in the company. Shares short for CVNA as of 1724976000 were 13858863 with a Short Ratio of 3.29, compared to 1722384000 on 15059972. Therefore, it implies a Short% of Shares Outstanding of 13858863 and a Short% of Float of 13.96.
