Carvana Co (CVNA) concluded trading on Thursday at a closing price of $222.98, with 4.45 million shares of worth about $991.73 million changed hands on the day. Half year performance of the stock remained positive as price took a surge of 97.34% during that period and on December 19, 2024 the price saw a loss of about -4.31%. Currently the company’s common shares owned by public are about 126.44M shares, out of which, 115.63M shares are available for trading.
Stock saw a price change of -10.01% in past 5 days and over the past one month there was a price change of -10.60%. Year-to-date (YTD), CVNA shares are showing a performance of 321.19% which increased to 272.88% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $40.21 but also hit the highest price of $268.34 during that period. The average intraday trading volume for Carvana Co shares is 2.86 million. The stock is currently trading -11.00% below its 20-day simple moving average (SMA20), while that difference is down -3.74% for SMA50 and it goes to 50.08% higher than SMA200.
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Carvana Co (NYSE: CVNA) currently have 126.44M outstanding shares and institutions hold larger chunk of about 85.70% of that.
The stock has a current market capitalization of $46.30B and its 3Y-monthly beta is at 3.35. PE ratio of stock for trailing 12 months is 26545.24, while it has posted earnings per share of $0.01 in the same period. It has Quick Ratio of 2.12 while making debt-to-equity ratio of 10.22. 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 6.04% while standing at 4.32% over the month.
Stock’s fiscal year EPS is expected to rise by 94.63% while it is estimated to increase by 75.76% in next year.
Digging deeper we find that several firms have released their research notes about the support levels of the stock. Most recent of them is a note released by Morgan Stanley on November 05, 2024 offering an Equal-weight rating for the stock and assigned a target price range of between $110 and $260 to it. Coverage by BofA Securities stated Carvana Co (CVNA) stock as a Buy in their note to investors on September 17, 2024, suggesting a price target of $185 for the stock. On September 16, 2024, Evercore ISI Reiterated their recommendations, while on September 12, 2024, Stephens Initiated their ratings for the stock with a price target of $190. Stock get an Overweight rating from Wells Fargo on August 01, 2024.
