Carvana Co (NYSE: CVNA) is 346.77% higher on its value in year-to-date trading and has touched a low of $37.47 and a high of $268.34 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 $244.03 in the last trading session, with the day’s loss setting it -7.51%.
Currently trading at $236.52, the stock is -5.49% and 6.16% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 2.92 million and changing -3.08% at the moment leaves the stock 65.67% off its SMA200. CVNA registered 487.48% gain for a year compared to 6-month gain of 127.16%. The firm has a 50-day simple moving average (SMA 50) of $221.5492 and a 200-day simple moving average (SMA200) of $141.93605.
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The stock witnessed a -3.20% loss in the last 1 month and extending the period to 3 months gives it a 77.12%, and is -7.52% 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 4.27% over the week and 3.65% over the month.
Carvana Co (CVNA) has around 13700 employees, a market worth around $49.11B and $12.55B in sales. Current P/E ratio is 28157.14 and Fwd P/E is 92.19. Profit margin for the company is 0.14%. Distance from 52-week low is 531.22% and -11.86% from its 52-week high. The company has generated returns on investments over the last 12 months (0.26%).
with sales reaching $3.27B over the same period.The EPS is expected to grow by 93.21% this year, but quarterly earnings will post 24.58% year-over-year. Quarterly sales are estimated to grow 35.10% in year-over-year returns.
Carvana Co (CVNA) Top Institutional Holders
632.0 institutions hold shares in Carvana Co (CVNA), with institutional investors hold 95.90% of the company’s shares. The shares outstanding are 126.44M, and float is at 115.14M with Short Float at 11.29%. Institutions hold 93.20% 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
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Carvana Co disclosed in a document filed with the SEC on Dec 02 ’24 that JENKINS MARK W. (Chief Financial Officer) sold a total of 10,000 shares of the company’s common stock. The trade occurred on Dec 02 ’24 and was made at $255.07 per share for $2.55 million. Following the transaction, the insider now directly holds 0.19 million shares of the CVNA stock.
Still, SEC filings show that on Dec 02 ’24, GILL DANIEL J. (Chief Product Officer) disposed off 44,000 shares at an average price of $259.47 for $11.42 million. The insider now directly holds 191,225 shares of Carvana Co (CVNA).
