Carvana Co. (CVNA) Reveals an Earnings Mystery

Carvana Co. (NYSE:CVNA) went down by -6.47% from its latest closing price compared to the recent 1-year high of $242.15. The company’s stock price has collected 9.56% of gains in the last five trading sessions. MarketWatch.com reported on 10/03/20 that Professional investors have their eye on these eight stocks as the used-car market in the U.S. moves online

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Is It Worth Investing in Carvana Co. (NYSE :CVNA) Right Now?

Plus, the 36-month beta value for CVNA is at 2.49. Opinions of the stock are interesting as 10 analysts out of 21 who provided ratings for Carvana Co. declared the stock was a “buy,” while 1 rated the stock as “overweight,” 10 rated it as “hold,” and 0 as “sell.”


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The average price from analysts is $220.63, which is -$23.2 below the current price. CVNA currently public float of 58.75M and currently shorts hold a 31.50% ratio of that float. Today, the average trading volume of CVNA was 1.88M shares.

CVNA’s Market Performance

CVNA stocks went up by 9.56% for the week, with a monthly drop of -0.13% and a quarterly performance of 65.65%, while its annual performance rate touched 231.00%. The volatility ratio for the week stands at 7.38% while the volatility levels for the past 30 days are set at 7.36% for Carvana Co.. The simple moving average for the period of the last 20 days is 14.62% for CVNA stocks with a simple moving average of 91.69% for the last 200 days.

Analysts’ Opinion of CVNA

Many brokerage firms have already submitted their reports for CVNA stocks, with Morgan Stanley repeating the rating for CVNA by listing it as a “Equal-Weight.” The predicted price for CVNA in the upcoming period, according to Morgan Stanley is $215 based on the research report published on October 02nd of the current year 2020.

Piper Sandler, on the other hand, stated in their research note that they expect to see CVNA reach a price target of $265, previously predicting the price at $209. The rating they have provided for CVNA stocks is “Overweight” according to the report published on September 29th, 2020.

B. Riley FBR gave a rating of “Neutral” to CVNA, setting the target price at $230 in the report published on September 23rd of the current year.

CVNA Trading at 16.81% from the 50-Day Moving Average

After a stumble in the market that brought CVNA to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -8.03% of loss for the given period.

Volatility was left at 7.36%, however, over the last 30 days, the volatility rate increased by 7.38%, as shares surge +12.19% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +50.52% upper at present.

During the last 5 trading sessions, CVNA rose by +9.56%, which changed the moving average for the period of 200-days by +135.21% in comparison to the 20-day moving average, which settled at $195.50. In addition, Carvana Co. saw 141.93% in overturn over a single year, with a tendency to cut further gains.

Insider Trading

Reports are indicating that there were more than several insider trading activities at CVNA starting from JENKINS MARK W., who sale 10,000 shares at the price of $240.25 back on Oct 01. After this action, JENKINS MARK W. now owns 10,909 shares of Carvana Co., valued at $2,402,500 using the latest closing price.

HUSTON BENJAMIN E., the Chief Operating Officer of Carvana Co., sale 10,000 shares at $240.00 during a trade that took place back on Oct 01, which means that HUSTON BENJAMIN E. is holding 10,917 shares at $2,400,000 based on the most recent closing price.

Stock Fundamentals for CVNA

Current profitability levels for the company are sitting at:

  • -7.11 for the present operating margin
  • +11.85 for the gross margin

The net margin for Carvana Co. stands at -2.91. The total capital return value is set at -20.90, while invested capital returns managed to touch -14.37. Equity return is now at value -95.30, with -7.60 for asset returns.

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Based on Carvana Co. (CVNA), the company’s capital structure generated 1,660.92 points at debt to equity in total, while total debt to capital is 94.32. Total debt to assets is 79.19, with long-term debt to equity ratio resting at 1,018.36. Finally, the long-term debt to capital ratio is 57.83.

When we switch over and look at the enterrpise to sales, we see a ratio of 1.48, with the company’s debt to enterprise value settled at 0.28. The receivables turnover for the company is 16.94 and the total asset turnover is 2.58. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.57.

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