Carvana Co. (NYSE: CVNA) is 173.40% higher on its value in year-to-date trading and has touched a low of $25.09 and a high of $159.85 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The CVNA stock was last observed hovering at around $144.52 in the last trading session, with the day’s gains setting it 0.22%.
Currently trading at $144.74, the stock is -2.27% and 5.24% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.67 million and changing 0.15% at the moment leaves the stock 64.38% off its SMA200. CVNA registered 184.64% gain for a year compared to 6-month gain of 87.17%.
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The stock witnessed a 6.95% loss in the last 1 month and extending the period to 3 months gives it a 43.17%, and is -8.82% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 4.29% over the week and 4.82% over the month.
Carvana Co. (CVNA) has around 13700 employees, a market worth around $17.92B and $11.67B in sales. Current P/E ratio is 45.68 and Fwd P/E is 108.12. Profit margin for the company is 6.12%. Distance from 52-week low is 476.88% and -9.45% from its 52-week high. The company has generated returns on investments over the last 12 months (11.16%).
The EPS is expected to shrink by -36.61% this year
538.0 institutions hold shares in Carvana Co. (CVNA), with institutional investors hold 99.35% of the company’s shares. The shares outstanding are 114.24M, and float is at 109.99M with Short Float at 14.02%. Institutions hold 94.59% of the Float.
The top institutional shareholder in the company is PRICE T ROWE ASSOCIATES INC /MD/ with over 12.05 million shares valued at $1.55 billion. The investor’s holdings represent 10.1349 of the CVNA Shares outstanding. As of 2024-06-30, the second largest holder is VANGUARD GROUP INC with 9.97 million shares valued at $1.28 billion to account for 8.3797 of the shares outstanding. The other top investors are CAS INVESTMENT PARTNERS, LLC which holds 6.53 million shares representing 5.4914 and valued at over $840.66 million, while FMR LLC holds 5.4479 of the shares totaling 6.48 million with a market value of $833.99 million.
Carvana Co. (CVNA) Insider Activity
The most recent transaction is an insider sale by GARCIA ERNEST C. II, the company’s 10% Owner. SEC filings show that GARCIA ERNEST C. II sold 100,000 shares of the company’s common stock on Aug 29 ’24 at a price of $152.97 per share for a total of $15.3 million. Following the sale, the insider now owns 0.0 shares.
Carvana Co. disclosed in a document filed with the SEC on Aug 30 ’24 that GARCIA ERNEST C. II (10% Owner) sold a total of 100,000 shares of the company’s common stock. The trade occurred on Aug 30 ’24 and was made at $149.16 per share for $14.92 million. Following the transaction, the insider now directly holds 0.0 shares of the CVNA stock.
Still, SEC filings show that on Aug 27 ’24, GARCIA ERNEST C. II (10% Owner) disposed off 100,000 shares at an average price of $156.85 for $15.68 million. The insider now directly holds 0 shares of Carvana Co. (CVNA).
