Carvana Co. (NYSE:CVNA) went up by 3.84% from its latest closing price compared to the recent 1-year high of $323.39. The company’s stock price has collected 11.62% of gains in the last five trading sessions. Barron’s reported on 03/30/21 that Junk-Rated Companies Are on a Borrowing Spree
Is It Worth Investing in Carvana Co. (NYSE :CVNA) Right Now?
Plus, the 36-month beta value for CVNA is at 2.42. Opinions of the stock are interesting as 15 analysts out of 24 who provided ratings for Carvana Co. declared the stock was a “buy,” while 1 rated the stock as “overweight,” 7 rated it as “hold,” and 1 as “sell.”
The average price from analysts is $306.73, which is $27.07 above the current price. CVNA currently public float of 68.28M and currently shorts hold a 24.54% ratio of that float. Today, the average trading volume of CVNA was 1.48M shares.
CVNA’s Market Performance
CVNA stocks went up by 11.62% for the week, with a monthly jump of 6.14% and a quarterly performance of 17.49%, while its annual performance rate touched 504.66%. The volatility ratio for the week stands at 4.95% while the volatility levels for the past 30 days are set at 6.07% for Carvana Co.. The simple moving average for the period of the last 20 days is 4.23% for CVNA stocks with a simple moving average of 25.02% 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 “Overweight.” The predicted price for CVNA in the upcoming period, according to Morgan Stanley is $420 based on the research report published on February 26th of the current year 2021.
KeyBanc Capital Markets, on the other hand, stated in their research note that they expect to see CVNA reach a price target of $300. The rating they have provided for CVNA stocks is “Overweight” according to the report published on December 17th, 2020.
Truist gave a rating of “Buy” to CVNA, setting the target price at $314 in the report published on December 15th of the previous year.
CVNA Trading at 0.59% 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 -14.16% of loss for the given period.
Volatility was left at 6.07%, however, over the last 30 days, the volatility rate increased by 4.95%, as shares surge +15.10% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +1.51% upper at present.
During the last 5 trading sessions, CVNA rose by +11.62%, which changed the moving average for the period of 200-days by +125.73% in comparison to the 20-day moving average, which settled at $268.16. In addition, Carvana Co. saw 15.89% in overturn over a single year, with a tendency to cut further gains.
Reports are indicating that there were more than several insider trading activities at CVNA starting from Taira Thomas, who sale 155 shares at the price of $270.72 back on Apr 05. After this action, Taira Thomas now owns 45,559 shares of Carvana Co., valued at $41,962 using the latest closing price.
GARCIA ERNEST C. II, the 10% Owner of Carvana Co., sale 50,000 shares at $267.80 during a trade that took place back on Apr 01, which means that GARCIA ERNEST C. II is holding 0 shares at $13,389,949 based on the most recent closing price.
Stock Fundamentals for CVNA
Current profitability levels for the company are sitting at:
- -5.95 for the present operating margin
- +12.92 for the gross margin
The net margin for Carvana Co. stands at -3.06. The total capital return value is set at -14.73, while invested capital returns managed to touch -10.53. Equity return is now at value -53.20, with -6.50 for asset returns.
Based on Carvana Co. (CVNA), the company’s capital structure generated 487.44 points at debt to equity in total, while total debt to capital is 82.98. Total debt to assets is 62.26, with long-term debt to equity ratio resting at 455.23. Finally, the long-term debt to capital ratio is 77.49.
When we switch over and look at the enterprise to sales, we see a ratio of 3.12, with the company’s debt to enterprise value settled at 0.11. The receivables turnover for the company is 16.42 and the total asset turnover is 2.19. The liquidity ratio also appears to be rather interesting for investors as it stands at 4.12.