The price-to-earnings ratio for Carvana Co. (NYSE: CVNA) is above average at 47.26x, Company’s 36-month beta value is 3.45.Analysts have differing opinions on the stock, with 5 analysts rating it as a “buy,” 5 as “overweight,” 3 as “hold,” and 1 as “sell.”
The public float for CVNA is 110.95M, and currently, short sellers hold a 12.49% ratio of that floaft. The average trading volume of CVNA on September 16, 2024 was 4.06M shares.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
CVNA) stock’s latest price update
Carvana Co. (NYSE: CVNA)’s stock price has gone rise by 5.54 in comparison to its previous close of 141.90, however, the company has experienced a 10.54% increase in its stock price over the last five trading days. zacks.com reported 2024-09-13 that With continued improvements in its financial metrics, CVNA’s story is far from over. But caution is advised while taking new positions in the stock at this time.
CVNA’s Market Performance
CVNA’s stock has risen by 10.54% in the past week, with a monthly drop of -1.19% and a quarterly rise of 45.31%. The volatility ratio for the week is 5.40% while the volatility levels for the last 30 days are 4.68% for Carvana Co. The simple moving average for the past 20 days is 1.42% for CVNA’s stock, with a 62.29% simple moving average for the past 200 days.
Analysts’ Opinion of CVNA
Stephens, on the other hand, stated in their research note that they expect to see CVNA reach a price target of $190. The rating they have provided for CVNA stocks is “Overweight” according to the report published on September 12th, 2024.
Wells Fargo gave a rating of “Overweight” to CVNA, setting the target price at $175 in the report published on August 01st of the current year.
CVNA Trading at 7.56% 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 -6.31% of loss for the given period.
Volatility was left at 4.68%, however, over the last 30 days, the volatility rate increased by 5.40%, as shares sank -5.51% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +15.06% upper at present.
During the last 5 trading sessions, CVNA rose by +8.75%, which changed the moving average for the period of 200-days by +365.97% in comparison to the 20-day moving average, which settled at $147.23. In addition, Carvana Co. saw 182.89% 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 GARCIA ERNEST C. II, who sale 75,000 shares at the price of $138.26 back on Sep 12 ’24. After this action, GARCIA ERNEST C. II now owns 0 shares of Carvana Co., valued at $10,369,636 using the latest closing price.
GARCIA ERNEST C. II, the 10% Owner of Carvana Co., sale 75,000 shares at $129.39 during a trade that took place back on Sep 11 ’24, which means that GARCIA ERNEST C. II is holding 0 shares at $9,704,539 based on the most recent closing price.
Stock Fundamentals for CVNA
Current profitability levels for the company are sitting at:
- 0.04 for the present operating margin
- 0.18 for the gross margin
The net margin for Carvana Co. stands at 0.06. The total capital return value is set at 0.08. Equity return is now at value -78.96, with 9.51 for asset returns.
Based on Carvana Co. (CVNA), the company’s capital structure generated 0.91 points at debt to capital in total, while cash flow to debt ratio is standing at 0.14. The debt to equity ratio resting at 10.7. The interest coverage ratio of the stock is 0.74.
Currently, EBITDA for the company is 281.0 million with net debt to EBITDA at 8.72. When we switch over and look at the enterprise to sales, we see a ratio of 3.15. The receivables turnover for the company is 10.5for trailing twelve months and the total asset turnover is 1.63. The liquidity ratio also appears to be rather interesting for investors as it stands at 3.11.
Conclusion
In a nutshell, Carvana Co. (CVNA) has experienced a better performance in recent times. The stock has received mixed “buy” and “hold” ratings from analysts. It is worth mentioning that the stock is currently trading in close proximity to its 50-day moving average and its 52-week high.
