Carvana Co. (CVNA) concluded trading on Wednesday at a closing price of $77.81, with 4.39 million shares of worth about $341.77 million changed hands on the day. Half year performance of the stock remained positive as price took a surge of 56.12% during that period and on Wednesday the price saw a gain of about 0.62%. Currently the company’s common shares owned by public are about 114.24M shares, out of which, 95.95M shares are available for trading.
However, the stock later moved at a day high price of 81.07, or with a gain of 0.62%. Stock saw a price change of 3.10% in past 5 days and over the past one month there was a price change of 77.65%. Year-to-date (YTD), CVNA shares are showing a performance of 46.98% which increased to 754.12% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $6.45 but also hit the highest price of $84.59 during that period. The average intraday trading volume for Carvana Co. shares is 8.67 million. The stock is currently trading 25.53% above its 20-day simple moving average (SMA20), while that difference is up 47.29% for SMA50 and it goes to 95.79% higher than SMA200.
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Carvana Co. (NYSE: CVNA) currently have 114.24M outstanding shares and institutions hold larger chunk of about 98.08% of that.
The stock has a current market capitalization of $9.05B and its 3Y-monthly beta is at 3.31. PE ratio of stock for trailing 12 months is 104.79, while it has posted earnings per share of $0.74 in the same period. It has Quick Ratio of 1.41 while making debt-to-equity ratio of 27.94. Volatility of a stock is a metric used to know how much the price of that stock is under influence and for CVNA, volatility over the week remained 6.99% while standing at 8.42% over the month.
Analysts are in expectations that Carvana Co. (CVNA) stock would likely to be making an EPS of -$0.77 in the current quarter, while forecast for next quarter EPS is -$0.73 and it is -$2.42 for next year. For the current quarter EPS, analysts have given the company a lowest target -$1.45 which is -$0.58 at the higher side of the target for the same. When we compare those targets with actual EPS, we find that company posted an EPS of -$1.51 in the same quarter a year ago. Stock’s fiscal year EPS is expected to drop by -491.83% while it is estimated to increase by 28.10% in next year.
On February 16, 2024, Raymond James Downgrade their recommendations, while on December 04, 2023, JP Morgan Upgrade their ratings for the stock with a price target of $40. Stock get a Neutral rating from Exane BNP Paribas on October 12, 2023.
