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The price of Carvana Co. (NYSE: CVNA) closed at $141.90 in the last session, up 0.98% from day before closing price of $140.52. In other words, the price has increased by $0.98 from its previous closing price. On the day, 1.79 million shares were traded. CVNA stock price reached its highest trading level at $144.44 during the session, while it also had its lowest trading level at $140.25.
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 17.09 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 23.81. 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.
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 this company, Stephens on September 12, 2024, initiated with a Overweight rating and assigned the stock a target price of $190.
On August 01, 2024, Wells Fargo Upgraded its rating to Overweight which previously was Equal Weight but kept the price unchanged to $175.
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 Sep 12 ’24 when GARCIA ERNEST C. II sold 75,000 shares for $138.26 per share. The transaction valued at 10,369,636 led to the insider holds 0 shares of the business.
GARCIA ERNEST C. II sold 75,000 shares of CVNA for $9,704,539 on Sep 11 ’24. The 10% Owner now owns 0 shares after completing the transaction at $129.39 per share. On Sep 09 ’24, another insider, GARCIA ERNEST C. II, who serves as the 10% Owner of the company, sold 75,000 shares for $135.73 each. As a result, the insider received 10,179,730 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 16594778112 and an Enterprise Value of 22409637888. As of this moment, Carvana’s Price-to-Earnings (P/E) ratio for their current fiscal year is 44.78, and their Forward P/E ratio for the next fiscal year is 99.85. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.51 while its Price-to-Book (P/B) ratio in mrq is 32.66. Its current Enterprise Value per Revenue stands at 1.921 whereas that against EBITDA is 30.572.
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 2.12%, while the 200-Day Moving Average is calculated to be 54.71%.
Shares Statistics:
According to the various share statistics, CVNA traded on average about 4.10M shares per day over the past 3-months and 2712620 shares per day over the past 10 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 87.39% stake in the company. Shares short for CVNA as of 1724976000 were 13858863 with a Short Ratio of 3.38, compared to 1722384000 on 15059972. Therefore, it implies a Short% of Shares Outstanding of 13858863 and a Short% of Float of 13.96.
