Carvana Co. (NYSE:CVNA) has a beta value of 3.37 and has seen 0.84 million shares traded in the recent trading session. The company, currently valued at $14.69B, closed the recent trade at $125.58 per share which meant it lost -$3.53 on the day or -2.73% during that session. The CVNA stock price is -17.26% off its 52-week high price of $147.25 and 80.02% above the 52-week low of $25.09. If we look at the company’s 10-day average daily trading volume, we find that it stood at 4.71 million shares traded. The 3-month trading volume is 4.77 million shares.
The consensus among analysts is that Carvana Co. (CVNA) is Hold stock at the moment, with a recommendation rating of 2.68. 2 analysts rate the stock as a Sell, while 0 rate it as Overweight. 14 out of 24 have rated it as a Hold, with 8 advising it as a Buy. 0 have rated the stock as Underweight.
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Carvana Co. (NYSE:CVNA) trade information
Sporting -2.73% in the red today, the stock has traded in the red over the last five days, with the highest price hit on recent trading when the CVNA stock price touched $125.58 or saw a rise of 8.61%. Year-to-date, Carvana Co. shares have moved 137.22%, while the 5-day performance has seen it change -6.10%. Over the past 30 days, the shares of Carvana Co. (NYSE:CVNA) have changed 5.09%. Short interest in the company has seen 21.89 million shares shorted with days to cover at 4.56.
Wall Street analysts have a consensus price target for the stock at $102.5, which means that the shares’ value could drop -22.52% from the levels at last check today. The projected low price target is $5 while the price target rests at a high of $470. In that case, then, we find that the latest price level in today’s session is -274.26% off the targeted high while a plunge would see the stock lose 96.02% from the levels at last check today.
Carvana Co. (CVNA) estimates and forecasts
Figures show that Carvana Co. shares have underperformed across the wider relevant industry. The company’s shares have gained 175.77% over the past 6 months, with this year growth rate of -142.67%, compared to 17.50% for the industry.
CVNA Dividends
Carvana Co. is expected to release its next earnings report in August this year, and investors are excited at the prospect of better dividends despite the company’s debt issue.
Carvana Co. (NYSE:CVNA)’s Major holders
Insiders own 6.03% of the company shares, while shares held by institutions stand at 104.28% with a share float percentage of 110.97%. Investors are also buoyed by the number of investors in a company, with Carvana Co. having a total of 452.0 institutions that hold shares in the company. The top two institutional holders are MORGAN STANLEY with over 14.71 million shares worth more than $1.29 billion. As of 2024-03-31, MORGAN STANLEY held 12.8935% of shares outstanding.
The other major institutional holder is VANGUARD GROUP INC, with the holding of over 10.29 million shares as of 2024-03-31. The firm’s total holdings are worth over $904.64 million and represent 9.0181% of shares outstanding.
