Carvana Co. (NYSE:CVNA – Get Free Report) insider Paul W. Breaux sold 14,548 shares of the stock in a transaction dated Tuesday, October 22nd. The stock was sold at an average price of $198.00, for a total transaction of $2,880,504.00. Following the completion of the sale, the insider now directly owns 119,494 shares in the company, valued at approximately $23,659,812. This trade represents a 0.00 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website.
Carvana Stock Performance
NYSE:CVNA opened at $202.60 on Friday. Carvana Co. has a twelve month low of $25.09 and a twelve month high of $203.72. The company has a current ratio of 3.11, a quick ratio of 2.02 and a debt-to-equity ratio of 47.20. The company has a 50-day moving average of $167.97 and a 200-day moving average of $132.84. The firm has a market cap of $41.04 billion, a price-to-earnings ratio of 88.86 and a beta of 3.44.
Carvana (NYSE:CVNA – Get Free Report) last posted its quarterly earnings data on Wednesday, July 31st. The company reported $0.14 earnings per share for the quarter. The business had revenue of $3.41 billion for the quarter, compared to the consensus estimate of $3.23 billion. Analysts forecast that Carvana Co. will post 0.29 earnings per share for the current fiscal year.
Institutional Inflows and Outflows
Wall Street Analysts Forecast Growth
A number of analysts recently weighed in on the stock. JPMorgan Chase & Co. increased their price objective on shares of Carvana from $185.00 to $230.00 and gave the stock an “overweight” rating in a report on Wednesday, October 9th. Needham & Company LLC increased their price objective on shares of Carvana from $160.00 to $200.00 and gave the stock a “buy” rating in a report on Thursday, August 1st. Jefferies Financial Group increased their price objective on shares of Carvana from $150.00 to $185.00 and gave the stock a “hold” rating in a report on Tuesday. Robert W. Baird assumed coverage on shares of Carvana in a research report on Thursday, August 1st. They issued a “neutral” rating and a $160.00 target price for the company. Finally, Evercore ISI increased their target price on shares of Carvana from $178.00 to $182.00 and gave the company an “in-line” rating in a research report on Tuesday. One equities research analyst has rated the stock with a sell rating, ten have assigned a hold rating and eight have assigned a buy rating to the company. According to data from MarketBeat, the company presently has a consensus rating of “Hold” and a consensus target price of $182.29.
Check Out Our Latest Analysis on CVNA
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.
Featured Articles
- Five stocks we like better than Carvana
- Top Stocks Investing in 5G Technology
- Texas Roadhouse Stock Steering for New Highs This Year
- Do ETFs Pay Dividends? What You Need to Know
- Monopar Therapeutics Skyrockets 400% on Licensing Deal
- How to Invest in the Best Canadian StocksĀ
- Tractor Supply Stock Pulls Back: A Prime Buying Opportunity
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.