Carvana Co. [CVNA] stock is trading at $124.10, up 0.55%. Until recently, the best way to gauge how the stock has performed was to look at its short-term value. The CVNA shares have lost -3.93% over the last week, with a monthly amount drifted -3.48%, and not seem to be holding up well over a long-time horizon.
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From an analyst’s perspective:
Carvana Co. [NYSE: CVNA] stock has seen the most recent analyst activity on July 12, 2024, when BTIG Research initiated its Buy rating and assigned the stock a price target of $155. Previously, Needham upgraded its rating to Buy on July 10, 2024, and kept the price target unchanged to $160. On May 02, 2024, upgrade upgraded it’s rating to Overweight and revised its price target to $130 on the stock. Jefferies upgraded its rating to a Hold and increased its price target to $85 on March 12, 2024. RBC Capital Mkts upgraded its rating to a Sector Perform and raised its price target to $90 on March 08, 2024. William Blair upgraded its rating to Outperform for this stock on February 23, 2024. In a note dated February 23, 2024, Raymond James upgraded an Mkt Perform rating on this stock.
Carvana Co. [CVNA] stock has fluctuated between $25.09 and $147.25 over the past year. Currently, Wall Street analysts expect the stock to reach $125.86 within the next 12 months. Carvana Co. [NYSE: CVNA] shares were valued at $124.10 at the most recent close of the market. An investor can expect a potential return of 1.42% based on the average CVNA price forecast.
Analyzing the CVNA fundamentals
Carvana Co. [NYSE:CVNA] reported sales of 11.23B for the trailing twelve months, which represents a growth of 17.46%. Gross Profit Margin for this corporation currently stands at 0.17% with Operating Profit Margin at 0.02%, Pretax Profit Margin comes in at 0.05%, and Net Profit Margin reading is 0.06%. To continue investigating profitability, this company’s Return on Assets is posted at 0.09, Equity is 14.67 and Total Capital is 0.03. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of20.55.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 120.20 points at the first support level, and at 116.30 for the second support level. However, for the 1st resistance point, the stock is sitting at 129.94, and for the 2nd resistance point, it is at 135.78.
Ratios To Look Out For
For context, Carvana Co.’s Current Ratio is 2.54. As well, the Quick Ratio is 1.62, while the Cash Ratio is 0.26. Considering the valuation of this stock, the price to sales ratio is 1.29, the price to book ratio is 50.05 and price to earnings (TTM) ratio is 49.99.
Transactions by insiders
Recent insider trading involved GARCIA ERNEST C. II, 10% Owner, that happened on Jul 23 ’24 when 75000.0 shares were sold. 10% Owner, GARCIA ERNEST C. II completed a deal on Jul 22 ’24 to sell 75000.0 shares. Meanwhile, 10% Owner GARCIA ERNEST C. II sold 75000.0 shares on Jul 19 ’24.
