In the last trading session, 3.91 million shares of the Carvana Co (NYSE:CVNA) were traded, and its beta was 3.55. Most recently the company’s share price was $206.20, and it changed around $2.54 or 1.25% from the last close, which brings the market valuation of the company to $27.70B. CVNA currently trades at a discount to its 52-week high of $292.84, offering almost -42.02% off that amount. The share price’s 52-week low was $67.61, which indicates that the current value has risen by an impressive 67.21% since then. We note from Carvana Co’s average daily trading volume that its 10-day average is 7.19 million shares, with the 3-month average coming to 4.68 million.
Carvana Co stock received a consensus recommendation rating of Hold, based on a mean score of 1.90. If we narrow it down even further, the data shows that 1 out of 24 analysts rate the stock as a Sell; another 7 rate it as Overweight. Among the rest, 10 recommended CVNA as a Hold, whereas 6 deemed it a Buy, and 0 rated it as Underweight. Carvana Co is expected to report earnings per share of 0.74 for the current quarter.
Carvana Co (NYSE:CVNA) trade information
Instantly CVNA has showed a green trend with a performance of 1.25% at the end of last trading. The performance over the last five days has remained in the green territory. The rise to weekly highs of 221.90 on recent trading dayincreased the stock’s daily price by 7.08%. The company’s shares are currently up 1.40% year-to-date, but still up 26.84% over the last five days. On the other hand, Carvana Co (NYSE:CVNA) is 23.72% up in the 30-day period. We can see from the shorts that 7.99 million shares have been sold at a short interest cover period of 1.49 day(s).
The consensus price target as assigned by Wall Street analysts is $250, which translates to bulls needing to increase their stock price by 17.52% from its current value. Analyst projections state that CVNA is forecast to be at a low of $225 and a high of $330.
Carvana Co (CVNA) estimates and forecasts
The year-over-year growth rate is expected to be 20.30%, up from the previous year.
Consensus estimates provided by 17 financial analysts predict the company will bring in an average of 3.94B in revenue for the current quarter. 17 analysts expect Carvana Co to make 4.18B in revenue for the current ending quarter. The company’s sales for the same quarters a year ago were 3.06B and 3.41B respectively. Analysts predict that the company’s current quarter sales will jump, forecast at 28.63%. Forecasts for the next quarter put sales growth at 22.48%.
Carvana Co earnings are expected to increase by 77.59% in 2025, but the outlook is positive 48.93% per year for the next five years.
CVNA Dividends
Carvana Co’s next quarterly earnings report is expected to be released on 2025-Feb-18.
Carvana Co (NYSE:CVNA)’s Major holders
Upon looking at major shareholders, it appears that insiders hold 2.79% of Carvana Co shares, and 94.03% of them are in the hands of institutional investors. The stock currently has a share float of 96.72%. Carvana Co stock is held by 792.0 institutions, with PRICE T ROWE ASSOCIATES INC /MD/ being the largest institutional investor. By 2024-06-30, it held 10.1349% of the shares, which is about 12.05 million shares worth $1.55 billion.
VANGUARD GROUP INC, with 8.3797% or 9.97 million shares worth $1.28 billion as of 2024-06-30, holds the second largest percentage of outstanding shares.
T. Rowe Price Blue Chip Growth Fund, Inc. and VANGUARD INDEX FUNDS-Vanguard Total Stock Market Index Fund were the top two Mutual Funds as of Dec 31, 2024 . The former held 5.43 shares worth $1.12 billion, making up 4.04% of all outstanding shares. On the other hand, VANGUARD INDEX FUNDS-Vanguard Total Stock Market Index Fund held roughly 3.83 shares worth around $789.17 million, which represents about 2.85% of the total shares outstanding.
