During the last session, Carvana Co (NYSE:CVNA)’s traded shares were 4.36 million, with the beta value of the company hitting 3.65. At the end of the trading day, the stock’s price was $204.87, reflecting an intraday loss of -7.57% or -$16.79. The 52-week high for the CVNA share is $292.84, that puts it down -42.94 from that peak though still a striking 67.0% gain since the share price plummeted to a 52-week low of $67.61. The company’s market capitalization is $43.68B, and the average intraday trading volume over the past 10 days was 5.63 million shares, and the average trade volume was 4.45 million shares over the past three months.
Carvana Co (CVNA) received a consensus recommendation of Buy from analysts. That translates to a mean rating of 2.04. CVNA has a Sell rating from 2 analyst(s) out of 25 analysts who have looked at this stock. 11 analyst(s) recommend to Hold the stock while 0 suggest Overweight, and 12 recommend a Buy rating for it. 0 analyst(s) has rated the stock Underweight. Company’s earnings per share (EPS) for the current quarter are expected to be 0.7.
Carvana Co (NYSE:CVNA) trade information
Carvana Co (CVNA) registered a -7.57% downside in the last session and has traded in the green over the past 5 sessions. The stock plummet -7.57% in intraday trading to $204.87, hitting a weekly high. The stock’s 5-day price performance is 16.34%, and it has moved by -7.58% in 30 days. Based on these gigs, the overall price performance for the year is 138.39%. The short interest in Carvana Co (NYSE:CVNA) is 8.66 million shares and it means that shorts have 1.54 day(s) to cover.
The consensus price target of analysts on Wall Street is $250, which implies an increase of 18.05% to the stock’s current value. The extremes of the forecast give a target low and a target high price of $195 and $330 respectively. As a result, CVNA is trading at a discount of -61.08% off the target high and 4.82% off the low.
Carvana Co (CVNA) estimates and forecasts
In the rating firms’ projections, revenue will increase 20.33% compared to the previous financial year.
As companies strive to predict their financial trajectories, we turn our attention to the forthcoming financial quarter. Here are the insights gathered from industry analysts. Revenue for the current quarter is expected to be 3.9B as predicted by 17 analyst(s). Meanwhile, a consensus of 17 analyst(s) estimates revenue growth to 4.18B by the end of current fiscal year. As per earnings report from last fiscal year’s results, sales for the corresponding quarters totaled 3.06B and 3.41B respectively. In this case, analysts expect current quarter sales to grow by 27.48% and then jump by 22.52% in the coming quarter.
While earnings are projected to return 76.13% in 2025, the next five years will return 48.91% per annum.
CVNA Dividends
Carvana Co is due to release its next quarterly earnings on 2025-Feb-18. However, it is important to remember that the dividend yield ratio is merely an indicator meant to only serve as guidance.
Carvana Co (NYSE:CVNA)’s Major holders
Carvana Co insiders own 1.42% of total outstanding shares while institutional holders control 94.21%, with the float percentage being 95.57%. PRICE T ROWE ASSOCIATES INC /MD/ is the largest shareholder of the company, while 786.0 institutions own stock in it. As of 2024-06-30, the company held over 12.05 million shares (or 10.1349% of all shares), a total value of $1.55 billion in shares.
The next largest institutional holding, with 9.97 million shares, is of VANGUARD GROUP INC’s that is approximately 8.3797% of outstanding shares. At the market price on 2024-06-30, these shares were valued at $1.28 billion.
Also, the Mutual Funds coming in first place with the largest holdings of Carvana Co (CVNA) shares are T. Rowe Price Blue Chip Growth Fund, Inc. and Vanguard Total Stock Market Index Fund . Data provided on Dec 31, 2024 indicates that T. Rowe Price Blue Chip Growth Fund, Inc. owns about 5.43 shares. This amounts to just over 4.04 percent of the company’s overall shares, with a $1.11 billion market value. The same data shows that the other fund manager holds slightly less at 3.83, or about 2.85% of the stock, which is worth about $784.08 million.
