Carvana Co (NYSE:CVNA) shares traded -7.04% lower at $166.67 on Wall Street last session.
CVNA stock price is now -26.54% away from the 50-day moving average and -10.26% away from the 200-day moving average. The market capitalization of the company currently stands at $35.53B.
With the price target enhanced from $195 to $277, Citigroup Upgraded its rating from Neutral to Buy for Carvana Co (NYSE: CVNA). On January 07, 2025, RBC Capital Mkts Upgraded its previous ‘Sector Perform’ rating to ‘Outperform’ on the stock increasing its target price from $270 to quote $280, while ‘Morgan Stanley’ rates the stock as ‘Equal-Weight’
In other news, JENKINS MARK W., Chief Financial Officer sold 10,000 shares of the company’s stock on Mar 03 ’25. The stock was sold for $2,248,152 at an average price of $224.82. Upon completion of the transaction, the Chief Financial Officer now directly owns 218,991 shares in the company, valued at $36.5 million. An SEC document containing details of the transaction can be found on the SEC’s website. On Mar 03 ’25, Officer MARK JENKINS bought 10,000 shares of the business’s stock. A total of $2,331,000 was incurred on buying the stock at an average price of $233.10. A total of 9.51% of the company’s stock is owned by insiders.
During the past 12 months, Carvana Co has had a low of $67.61 and a high of $292.84. As of last week, the company has a debt-to-equity ratio of 4.88, a current ratio of 3.64, and a quick ratio of 2.44. According to the stock market information, the enterprise value for the company is $26389594112, which is based on a 106.00 price-to-earnings ratio, a 2.25 price-to-earnings-growth ratio, and a beta of 3.68. The fifty day moving average price for CVNA is $226.8836 and a two-hundred day moving average price translates $185.71965 for the stock.
The latest earnings results from Carvana Co (NYSE: CVNA) was released for 2024-12-31. The net profit margin was 1.54% and return on equity was 27.94% for CVNA. The company reported revenue of $3.55 billion for the quarter, compared to $2.42 billion a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 46.33 percent.
