Carvana Co [NYSE: CVNA] jumped around 1.44 points on Monday, while shares priced at $260.80 at the close of the session, up 0.56%.
Compared to the average trading volume of 2.96M shares, CVNA reached a trading volume of 9503207 in the most recent trading day, which is why market watchdogs consider the stock to be active.
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What do top market gurus say 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 $252.89 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 2.33. 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.
Morgan Stanley have made an estimate for Carvana Co shares, keeping their opinion on the stock as Equal-Weight, with their previous recommendation back on November 05, 2024. While these analysts kept the previous recommendation, BofA Securities raised their target price to Buy. The new note on the price target was released on September 17, 2024, representing the official price target for Carvana Co stock. Previously, the target price had yet another raise from $142 to $157, while Evercore ISI kept a In-line rating on CVNA stock.
The Average True Range (ATR) for Carvana Co is set at 9.70, with the Price to Sales ratio for CVNA stock in the period of the last 12 months amounting to 4.51. The Price to Book ratio for the last quarter was 53.97, with the Price to Cash per share for the same quarter was set at 6.43. Price to Free Cash Flow for CVNA in the course of the last twelve months was 105.89 with Quick ratio for the last quarter at 2.12.
How has CVNA stock performed recently?
Carvana Co [CVNA] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 6.58. With this latest performance, CVNA shares gained by 28.77% in over the last four-week period, additionally plugging by 149.35% over the last 6 months – not to mention a rise of 730.31% 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 73.58, with the RSI for the last a single of trading hit 74.97, and the three-weeks RSI is set at 72.69 for Carvana Co [CVNA]. The present Moving Average for the last 50 days of trading for this stock 206.11, while it was recorded at 252.49 for the last single week of trading, and 132.94 for the last 200 days.
Carvana Co [CVNA]: Deeper insight into the fundamentals
Carvana Co’s liquidity data is similarly interesting compelling, with a Quick Ratio of 2.12 and a Current Ratio set at 3.25.
Earnings analysis for Carvana Co [CVNA]
With the latest financial reports released by the company, Carvana Co posted -1.75/share EPS, while the average EPS was predicted by analysts to be reported at -0.92/share. When compared, the two values demonstrate that the company fail the estimates by a Surprise Factor of -0.83. 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.
Insider trade positions for Carvana Co [CVNA]
There are presently around $93.17%, or 95.91%% 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%.
