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The price of Carvana Co. (NYSE: CVNA) closed at $157.99 in the last session, down -1.12% from day before closing price of $159.78. In other words, the price has decreased by -$1.12 from its previous closing price. On the day, 2.26 million shares were traded. CVNA stock price reached its highest trading level at $158.5 during the session, while it also had its lowest trading level at $154.51.
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 19.03 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 26.51. 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 July 12, 2024, BTIG Research started tracking the stock assigning a Buy rating and target price of $155.BTIG Research initiated its Buy rating on July 12, 2024, with a $155 target price.
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 Aug 22 ’24 when GARCIA ERNEST C. II sold 100,000 shares for $155.53 per share. The transaction valued at 15,553,260 led to the insider holds 190,814 shares of the business.
GARCIA ERNEST C. II sold 100,000 shares of CVNA for $15,551,204 on Aug 21 ’24. The 10% Owner now owns 290,814 shares after completing the transaction at $155.51 per share. On Aug 19 ’24, another insider, GARCIA ERNEST C. II, who serves as the 10% Owner of the company, sold 100,000 shares for $154.95 each. As a result, the insider received 15,495,017 and left with 490,814 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 18476457984 and an Enterprise Value of 24401967104. As of this moment, Carvana’s Price-to-Earnings (P/E) ratio for their current fiscal year is 49.86, and their Forward P/E ratio for the next fiscal year is 118.01. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.68 while its Price-to-Book (P/B) ratio in mrq is 36.36. Its current Enterprise Value per Revenue stands at 2.091 whereas that against EBITDA is 33.291.
Stock Price History:
Over the past 52 weeks, CVNA has reached a high of $159.85, while it has fallen to a 52-week low of $25.09. The 50-Day Moving Average of the stock is 19.46%, while the 200-Day Moving Average is calculated to be 87.15%.
Shares Statistics:
According to the various share statistics, CVNA traded on average about 4.38M shares per day over the past 3-months and 3055120 shares per day over the past 10 days. A total of 114.24M shares are outstanding, with a floating share count of 109.78M. Insiders hold about 11.34% of the company’s shares, while institutions hold 87.35% stake in the company. Shares short for CVNA as of 1722384000 were 15059972 with a Short Ratio of 3.44, compared to 1719532800 on 21891762. Therefore, it implies a Short% of Shares Outstanding of 15059972 and a Short% of Float of 15.17.
