In last trading session, Carvana Co. (NYSE:CVNA) saw 12.72 million shares changing hands with its beta currently measuring 3.28. Company’s recent per share price level of $87.09 trading at $4.17 or 5.03% at ring of the bell on the day assigns it a market valuation of $10.13B. That closing price of CVNA’s stock is at a discount of -7.98% from its 52-week high price of $94.04 and is indicating a premium of 92.31% from its 52-week low price of $6.70. Taking a look at company’s average trading volume volume of 6.14 million if we extend that period to 3-months.
Carvana Co. (NYSE:CVNA) trade information
Upright in the green during last session for gaining 5.03%, in the last five days CVNA remained trading in the green while hitting it’s week-highest on Wednesday, 05/01/24 when the stock touched $87.09 price level, adding 4.42% to its value on the day. Carvana Co.’s shares saw a change of 64.51% in year-to-date performance and have moved 15.58% in past 5-day. Carvana Co. (NYSE:CVNA) showed a performance of 5.09% in past 30-days.
Carvana Co. (CVNA) estimates and forecasts
Statistics highlight that Carvana Co. is scoring comparatively lower than the scores of other players of the relevant industry. The company added 216.46% of value to its shares in past 6 months, showing an annual growth rate of -542.67% while that of industry is 15.20. Apart from that, the company came lowering its revenue forecast for fiscal year 2024. The company is estimating its revenue growth to increase by 51.00% in the current quarter and calculating -30.90% decrease in the next quarter. This year revenue growth is estimated to rise 4.80% from the last financial year’s standing.
17 industry analysts have given their estimates about the company’s current quarter revenue by setting an average figure of $2.67 billion for the same. And 16 analysts are in estimates of company making revenue of $2.89 billion in the next quarter that will end on Jun 2024. Company posted -$ and $2.97 billion of sales in current and next quarters respectively a year earlier.
CVNA Dividends
Carvana Co. is more likely to be releasing its next quarterly report in June and investors are confident in the company announcing better current-quarter dividends despite the fact that it has been facing issues arising out of mounting debt.
