Currently, there are 133.27M common shares owned by the public and among those 120.77M shares have been available to trade.
Insiders at the company have transacted a total of 0 times over the past 12 months, according to data filed with the U.S. Securities and Exchange Commission (SEC). 0 of these insider trades were purchases, accounting for 0 shares. Insider sales of the common stock occurred on 0 occasions, with total insider shares sold totaling 0 shares.
The company’s stock has a 5-day price change of -2.97% and -15.64% over the past three months. CVNA shares are trading 5.77% year to date (YTD), with the 12-month market performance up to 183.27% higher. It has a 12-month low price of $67.61 and touched a high of $292.84 over the same period. CVNA has an average intraday trading volume of 3.59 million shares. The stock is trading above its simple moving averages at the SMA20, SMA50, and SMA200, as the current price level is off by -14.03%, -7.52%, and 17.29% respectively.
Institutional ownership of Carvana Co (NYSE: CVNA) shares accounts for 87.11% of the company’s 133.27M shares outstanding.
It has a market capitalization of $45.85B and a beta (3y monthly) value of 3.66. The stock’s trailing 12-month PE ratio is 135.94, while the earnings-per-share (ttm) stands at $1.58. The company has a PEG of 2.86 and a Quick Ratio of 2.44 with the debt-to-equity ratio at 4.88. Price movements for the stock have been influenced by the stock’s volatility, which stands at 7.91% over the week and 5.85% over the month.
Earnings per share for the fiscal year are expected to increase by 73.43%, and 45.66% over the next financial year.
Looking at the support for the CVNA, a number of firms have released research notes about the stock. Citigroup stated their Buy rating for the stock in a research note on January 08, 2025, with the firm’s price target at $195-$277. RBC Capital Mkts coverage for the Carvana Co (CVNA) stock in a research note released on January 07, 2025 offered a Outperform rating with a price target of $280. Morgan Stanley was of a view on November 05, 2024 that the stock is Equal-Weight, while BofA Securities gave the stock Buy rating on September 17, 2024, issuing a price target of $185. Evercore ISI on their part issued In-line rating on September 16, 2024.
