Carvana Co. [NYSE: CVNA] loss -2.39% on the last trading session, reaching $153.02 price per share at the time.
If compared to the average trading volume of 4.37M shares, CVNA reached a trading volume of 2880871 in the most recent trading day, which is why market watchdogs consider the stock to be active.
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Here is what top equities market gurus are saying about Carvana Co. [CVNA]:
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for CVNA shares is $153.35 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on CVNA stock is a recommendation set at 2.65. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.
Wells Fargo have made an estimate for Carvana Co. shares, keeping their opinion on the stock as Overweight, with their previous recommendation back on August 01, 2024. While these analysts kept the previous recommendation, Robert W. Baird raised their target price to Neutral. The new note on the price target was released on August 01, 2024, representing the official price target for Carvana Co. stock. Previously, the target price had yet another raise to $155, while BTIG Research analysts kept a Buy rating on CVNA stock.
The Average True Range (ATR) for Carvana Co. is set at 8.45, with the Price to Sales ratio for CVNA stock in the period of the last 12 months amounting to 1.62. The Price to Book ratio for the last quarter was 35.22, with the Price to Cash per share for the same quarter was set at 8.30. Price to Free Cash Flow for CVNA in the course of the last twelve months was 25.67 with Quick ratio for the last quarter at 2.02.
Trading performance analysis for CVNA stock
Carvana Co. [CVNA] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 0.96. With this latest performance, CVNA shares gained by 23.98% in over the last four-week period, additionally plugging by 191.97% over the last 6 months – not to mention a rise of 298.80% in the past year of trading.
Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for CVNA stock in for the last two-week period is set at 60.52, with the RSI for the last a single of trading hit 61.11, and the three-weeks RSI is set at 60.00 for Carvana Co. [CVNA]. The present Moving Average for the last 50 days of trading for this stock 131.28, while it was recorded at 155.13 for the last single week of trading, and 83.79 for the last 200 days.
Carvana Co. [CVNA]: A deeper dive into fundamental analysis
Carvana Co.’s liquidity data is similarly interesting compelling, with a Quick Ratio of 2.02 and a Current Ratio set at 3.11.
Carvana Co. [CVNA]: An earnings per share (EPS) analysis
With the latest financial reports released by the company, Carvana Co. posted 3.6/share EPS, while the average EPS was predicted by analysts to be reported at -0.79/share. When compared, the two values demonstrate that the company surpassed the estimates by a Surprise Factor of 4.39. The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for CVNA.
An analysis of Institutional ownership at Carvana Co. [CVNA]
There are presently around $94.89%, or 99.67%% of CVNA stock, in the hands of institutional investors. The top three institutional holders of CVNA stocks are: PRICE T ROWE ASSOCIATES INC /MD/ with ownership of 12.05 million shares, which is approximately 10.1349%. VANGUARD GROUP INC, holding 9.97 million shares of the stock with an approximate value of $$1.28 billion in CVNA stocks shares; and VANGUARD GROUP INC, currently with $$840.66 million in CVNA stock with ownership which is approximately 5.4914%.
