Carvana Co [NYSE: CVNA] stock went on a downward path that fall over -0.95% on Wednesday, amounting to a one-week price increase of more than 3.94%.
Over the last 12 months, CVNA stock rose by 389.10%. The one-year Carvana Co stock forecast points to a potential downside of -4.58. The average equity rating for CVNA stock is currently 2.17, trading closer to a bullish pattern in the stock market.
The market cap for the stock reached $58.51 billion, with 126.44 million shares outstanding and 115.72 million shares in the current float. Compared to the average trading volume of 3.10M shares, CVNA stock reached a trading volume of 6844312 in the most recent trading day, which is why market watchdogs consider the stock to be active.
Guru’s Opinion on 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 $269.47 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 2.17. 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.
Citigroup have made an estimate for Carvana Co shares, keeping their opinion on the stock as Buy, with their previous recommendation back on January 08, 2025. While these analysts kept the previous recommendation, RBC Capital Mkts raised their target price from $270 to $280. The new note on the price target was released on January 07, 2025, representing the official price target for Carvana Co stock. Previously, the target price had yet another raise from $110 to $260, while Morgan Stanley kept a Equal-Weight rating on CVNA stock.
The Average True Range (ATR) for Carvana Co is set at 10.52, with the Price to Sales ratio for CVNA stock in the period of the last 12 months amounting to 4.66. The Price to Book ratio for the last quarter was 58.32, with the Price to Cash per share for the same quarter was set at 6.72. Price to Free Cash Flow for CVNA in the course of the last twelve months was 109.58 with Quick ratio for the last quarter at 2.12.
CVNA Stock Performance Analysis:
Carvana Co [CVNA] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 3.94. With this latest performance, CVNA shares gained by 22.27% in over the last four-week period, additionally plugging by 80.73% over the last 6 months – not to mention a rise of 389.10% 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 73.53, with the RSI for the last a single of trading hit 77.55, and the three-weeks RSI is set at 69.10 for Carvana Co [CVNA]. The present Moving Average for the last 50 days of trading for this stock 236.83, while it was recorded at 278.40 for the last single week of trading, and 178.57 for the last 200 days.
Insight into Carvana Co 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.
CVNA Stock EPS
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. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for Carvana Co go to 39.45%.
Carvana Co [CVNA] Institutonal Ownership Details
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%.
