Carvana Co. (NYSE: CVNA) is 226.22% higher on its value in year-to-date trading and has touched a low of $25.09 and a high of $176.33 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 $175.15 in the last trading session, with the day’s loss setting it -2.45%.
Currently trading at $172.70, the stock is 14.81% and 20.27% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 3.44 million and changing -1.40% at the moment leaves the stock 79.55% off its SMA200. CVNA registered 311.29% gain for a year compared to 6-month gain of 95.34%. The firm has a 50-day simple moving average (SMA 50) of $144.2042 and a 200-day simple moving average (SMA200) of $96.8624.
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The stock witnessed a 8.09% loss in the last 1 month and extending the period to 3 months gives it a 34.31%, and is 10.30% up 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 4.80% over the week and 4.89% over the month.
Carvana Co. (CVNA) has around 13700 employees, a market worth around $21.38B and $11.67B in sales. Current P/E ratio is 54.50 and Fwd P/E is 124.59. Profit margin for the company is 6.12%. Distance from 52-week low is 588.32% and -2.06% from its 52-week high. The company has generated returns on investments over the last 12 months (11.16%).
with sales reaching $3.44B over the same period.The EPS is expected to shrink by -33.70% this year, but quarterly earnings will post 21.80% year-over-year. Quarterly sales are estimated to grow 23.60% in year-over-year returns.
Carvana Co. (CVNA) Top Institutional Holders
540.0 institutions hold shares in Carvana Co. (CVNA), with institutional investors hold 99.86% of the company’s shares. The shares outstanding are 114.24M, and float is at 110.95M with Short Float at 12.49%. Institutions hold 94.50% 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 GILL DANIEL J., the company’s Chief Product Officer. SEC filings show that GILL DANIEL J. sold 30,000 shares of the company’s common stock on Sep 20 ’24 at a price of $175.00 per share for a total of $5.25 million. Following the sale, the insider now owns 0.33 million shares.
Carvana Co. disclosed in a document filed with the SEC on Sep 20 ’24 that BREAUX PAUL W.sold a total of 15,000 shares of the company’s common stock. The trade occurred on Sep 20 ’24 and was made at $173.00 per share for $2.6 million. Following the transaction, the insider now directly holds 0.11 million shares of the CVNA stock.
Still, SEC filings show that on Sep 20 ’24, GARCIA ERNEST C. II (10% Owner) disposed off 100,000 shares at an average price of $171.74 for $17.17 million. The insider now directly holds 0 shares of Carvana Co. (CVNA).
