In Thursday’s Wall Street session, Carvana Co (NYSE:CVNA) shares traded at $285.53, up 10.17% from the previous session.
CVNA stock price is now 35.77% away from the 50-day moving average and 39.70% away from the 200-day moving average. The market capitalization of the company currently stands at $60.95B.
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With the price target enhanced from $260 to $280, Morgan Stanley Upgraded its rating from Equal-Weight to Overweight for Carvana Co (NYSE: CVNA). On March 20, 2025, Piper Sandler Upgraded its previous ‘Neutral’ rating to ‘Overweight’ on the stock keeping its target price maintained at $225, while ‘Citigroup’ rates the stock as ‘Buy’
In other news, DANIEL AND LIAN GILL FAMILY TR, Officer bought 70,166 shares of the company’s stock on May 08 ’25. The stock was bought for $18,184,922 at an average price of $259.17. An SEC document containing details of the transaction can be found on the SEC’s website. On May 08 ’25, Officer THOMAS TAIRA bought 35,000 shares of the business’s stock. A total of $9,070,950 was incurred on buying the stock at an average price of $259.17. A total of 9.41% of the company’s stock is owned by insiders.
During the past 12 months, Carvana Co has had a low of $97.55 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.
The net profit margin was 1.54% and return on equity was 27.94% for CVNA. The company reported revenue of $4.23 billion for the quarter, compared to $3.06 billion a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 38.26 percent.
