Carvana (NYSE:CVNA – Get Free Report) is scheduled to issue its quarterly earnings data after the market closes on Wednesday, October 30th. Analysts expect the company to announce earnings of $0.22 per share for the quarter. Investors that are interested in registering for the company’s conference call can do so using this link.
Carvana (NYSE:CVNA – Get Free Report) last posted its quarterly earnings results on Wednesday, July 31st. The company reported $0.14 earnings per share (EPS) for the quarter. The business had revenue of $3.41 billion during the quarter, compared to analyst estimates of $3.23 billion. On average, analysts expect Carvana to post $0 EPS for the current fiscal year and $2 EPS for the next fiscal year.
Carvana Stock Performance
CVNA opened at $197.35 on Wednesday. Carvana has a 1-year low of $25.09 and a 1-year high of $198.09. The company has a market cap of $39.98 billion, a price-to-earnings ratio of 85.59 and a beta of 3.44. The company’s fifty day moving average price is $163.94 and its two-hundred day moving average price is $130.27. The company has a current ratio of 3.11, a quick ratio of 2.02 and a debt-to-equity ratio of 47.20.
Analysts Set New Price Targets
Read Our Latest Analysis on Carvana
Insiders Place Their Bets
In related news, major shareholder Ernest C. Garcia II sold 100,000 shares of the business’s stock in a transaction dated Friday, October 18th. The stock was sold at an average price of $191.37, for a total value of $19,137,000.00. Following the sale, the insider now directly owns 37,858,131 shares in the company, valued at approximately $7,244,910,529.47. The trade was a 0.00 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. In related news, insider Daniel J. Gill sold 30,000 shares of the business’s stock in a transaction on Friday, September 20th. The stock was sold at an average price of $175.00, for a total transaction of $5,250,000.00. Following the sale, the insider now directly owns 328,329 shares in the company, valued at approximately $57,457,575. The trade was a 0.00 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, major shareholder Ernest C. Garcia II sold 100,000 shares of Carvana stock in a transaction dated Friday, October 18th. The shares were sold at an average price of $191.37, for a total value of $19,137,000.00. Following the transaction, the insider now directly owns 37,858,131 shares of the company’s stock, valued at $7,244,910,529.47. The trade was a 0.00 % decrease in their position. The disclosure for this sale can be found here. Insiders sold 2,759,366 shares of company stock valued at $445,990,909 over the last ninety days. 17.12% of the stock is currently owned by insiders.
About Carvana
Carvana Co, together with its subsidiaries, operates an e-commerce platform for buying and selling used cars in the United States. Its platform allows customers to research and identify a vehicle; inspect it using company's 360-degree vehicle imaging technology; obtain financing and warranty coverage; purchase the vehicle; and schedule delivery or pick-up from their desktop or mobile devices.
Read More
- Five stocks we like better than Carvana
- What is a Secondary Public Offering? What Investors Need to Know
- How Verizon Could Offer Stress-Free Double-Digit Returns in 2025
- What is MarketRankā¢? How to Use it
- Can Roche Challenge Lilly and Novo in the Weight Loss Market?
- How Can Investors Benefit From After-Hours Trading
- Roblox Stock: Key Metrics Surge, Is This the Perfect Entry?
Receive News & Ratings for Carvana Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Carvana and related companies with MarketBeat.com's FREE daily email newsletter.