Carvana Co (CVNA) concluded trading on Wednesday at a closing price of $214.04, with 4.47 million shares of worth about $956.92 million changed hands on the day. Half year performance of the stock remained positive as price took a surge of 47.58% during that period and on January 15, 2025 the price saw a gain of about 9.66%. Currently the company’s common shares owned by public are about 126.44M shares, out of which, 115.66M shares are available for trading.
Stock saw a price change of 7.91% in past 5 days and over the past one month there was a price change of -13.61%. Year-to-date (YTD), CVNA shares are showing a performance of 5.25% which increased to 400.33% 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 3.30 million. The stock is currently trading 0.79% above its 20-day simple moving average (SMA20), while that difference is down -8.25% for SMA50 and it goes to 35.19% higher than SMA200.
Carvana Co (NYSE: CVNA) currently have 126.44M outstanding shares and institutions hold larger chunk of about 85.83% of that.
The stock has a current market capitalization of $44.44B and its 3Y-monthly beta is at 3.37. PE ratio of stock for trailing 12 months is 25480.95, 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 4.89% while standing at 5.73% over the month.
Analysts are in expectations that Carvana Co (CVNA) stock would likely to be making an EPS of 0.29 in the current quarter, while forecast for next quarter EPS is 0.52 and it is 2.77 for next year. For the current quarter EPS, analysts have given the company a lowest target 0.07 which is 0.74 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 -1.75 in the same quarter a year ago. Stock’s fiscal year EPS is expected to rise by 106.85% while it is estimated to increase by 77.39% 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 Citigroup on January 08, 2025 offering a Buy rating for the stock and assigned a target price range of between $195 and $277 to it. Coverage by RBC Capital Mkts stated Carvana Co (CVNA) stock as an Outperform in their note to investors on January 07, 2025, suggesting a price target of $280 for the stock. On November 05, 2024, Morgan Stanley Upgrade their recommendations, while on September 17, 2024, BofA Securities Resumed their ratings for the stock with a price target of $185. Stock get an In-line rating from Evercore ISI on September 16, 2024.
