Carvana Co Stock Analysis
CVNA Stock | USD 84.31 6.81 8.79% |
Carvana Co is overvalued with Real Value of 55.13 and Target Price of 40.28. The main objective of Carvana stock analysis is to determine its intrinsic value, which is an estimate of what Carvana Co is worth, separate from its market price. There are two main types of Carvana's stock analysis: fundamental analysis and technical analysis. Fundamental analysis focuses on the financial and economic factors that affect Carvana's performance, such as revenue growth, earnings, and financial stability. Technical analysis, on the other hand, focuses on the price and volume data of Carvana's stock to identify patterns and trends that may indicate its future price movements.
The Carvana stock is traded in the USA on New York Stock Exchange, with the market opening at 09:30:00 and closing at 16:00:00 every Mon,Tue,Wed,Thu,Fri except for officially observed holidays in the USA. Carvana is usually not traded on Thanksgiving Day, Christmas Day, New Year 's Day, Dr . Martin Luther King Jr 's Birthday, Washington 's Birthday, Good Friday, Memorial Day, Juneteenth Holiday, Independence Day, Labour Day. Carvana Stock trading window is adjusted to America/New York timezone. Here, you can get updates on important government artifacts, including earning estimates, SEC corporate filings, announcements, and Carvana's ongoing operational relationships across important fundamental and technical indicators.
Carvana |
Carvana Stock Analysis Notes
About 91.0% of the company shares are held by institutions such as insurance companies. The company recorded a loss per share of 4.18. Carvana had not issued any dividends in recent years. Carvana Co., together with its subsidiaries, operates an e-commerce platform for buying and selling used cars in the United States. Carvana Co. was founded in 2012 and is headquartered in Tempe, Arizona. Carvana Co operates under Internet Retail classification in the United States and is traded on New York Stock Exchange. It employs 21000 people. For more info on Carvana Co please contact Ernie Garcia at 602 922 9866 or go to https://www.carvana.com.Carvana Quarterly Total Revenue |
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Carvana Investment Alerts
Many investors view ongoing market volatility as an opportunity to purchase more stocks at a favorable price or short it to generate a bearish trend profit opportunity. If you are one of those investors, make sure you clearly understand the position you are entering. Carvana's investment alerts are automatically generated signals that are significant enough to either complement your investing judgment regarding Carvana Co or challenge it. These alerts can help you understand what you are buying and avoid costly mistakes.
Carvana is way too risky over 90 days horizon | |
Carvana appears to be risky and price may revert if volatility continues | |
Over 91.0% of the company shares are held by institutions such as insurance companies | |
Latest headline from businesswire.com: Carvana Honored Among NAFAs 2024 Best Commercial Fleets at Annual Institute Expo |
Carvana Upcoming and Recent Events
Earnings reports are used by Carvana to provide an update of all three financial statements, including the income statement, the balance sheet, and the cash flow statement. Every quarterly earnings report provides investors with three things: an overview of sales, expenses, and net income for the most recent period. It also may provide a comparison to Carvana previous reporting period. The quarterly earnings reports are usually disseminated to the public via Form 10-Q, which is a legal document filed with the Securities and Exchange Commission every quarter.
22nd of February 2024 Upcoming Quarterly Report | View | |
2nd of May 2024 Next Financial Report | View | |
31st of December 2023 Next Fiscal Quarter End | View | |
22nd of February 2024 Next Fiscal Year End | View | |
30th of September 2023 Last Quarter Report | View | |
31st of December 2022 Last Financial Announcement | View |
Carvana Largest EPS Surprises
Earnings surprises can significantly impact Carvana's stock price both in the short term and over time. Negative earnings surprises usually result in a price decline. However, it has been seen that positive earnings surprises lead to an immediate rise in a stock's price and a gradual increase over time. This is why we often hear news about some companies beating earning projections. Financial analysts spend a large amount of time predicting earnings per share (EPS) along with other important future indicators. Many analysts use forecasting models, management guidance, and additional fundamental information to derive an EPS estimate.
Reported | Fiscal Date | Estimated EPS | Reported EPS | Surprise | |||
---|---|---|---|---|---|---|---|
2019-05-08 | 2019-03-31 | -0.47 | -0.53 | -0.06 | 12 | ||
2019-02-27 | 2018-12-31 | -0.49 | -0.55 | -0.06 | 12 | ||
2020-10-29 | 2020-09-30 | -0.32 | -0.25 | 0.07 | 21 |
Carvana Stock Institutional Investors
Have you ever been surprised when a price of an equity instrument such as Carvana is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Carvana Co backward and forwards among themselves. Carvana's institutional investor refers to the entity that pools money to purchase Carvana's securities or originate loans. Institutional investors include commercial and private banks, credit unions, insurance companies, pension funds, hedge funds, endowments, and mutual funds. Operating companies that invest excess capital in these types of assets may also be included in the term and may influence corporate governance by exercising voting rights in their investments.
Shares | State Street Corporation | 2023-12-31 | 2.3 M | Thrive Capital Management, Llc(ny) | 2023-12-31 | 2.3 M | Camelot Capital Partners Llc | 2023-12-31 | 2.2 M | Goldman Sachs Group Inc | 2023-12-31 | 2.1 M | Geode Capital Management, Llc | 2023-12-31 | 2.1 M | Fpr Partners Llc | 2023-12-31 | 1.8 M | Renaissance Technologies Corp | 2023-12-31 | 1.8 M | First Trust Advisors L.p. | 2023-12-31 | 1.5 M | Goodnow Investment Group Llc | 2023-12-31 | 1.5 M | Morgan Stanley - Brokerage Accounts | 2023-12-31 | 16.9 M | Vanguard Group Inc | 2023-12-31 | 10 M |
Carvana Market Capitalization
The company currently falls under 'Large-Cap' category with a current market capitalization of 14.97 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Carvana's market, we take the total number of its shares issued and multiply it by Carvana's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities.Carvana Profitablity
Carvana's profitability indicators refer to fundamental financial ratios that showcase Carvana's ability to generate income relative to its revenue or operating costs. If, let's say, Carvana is currently losing money, the management's focus should be on how to reverse that trend. However, when revenue exceeds expenses, Carvana's executives or investors may be in less hurry to break that information down - which is where profitability analysis comes into play. Gaining a greater understanding of Carvana's profitability requires more research than a typical breakdown of Carvana's financial statements. By doing a profitability analysis, companies can identify areas needing attention, and investors can make a profitable trade.
The company has Profit Margin (PM) of 0.04 %, which maeans that even a very small decline in it revenue will erase profits resulting in a net loss. This is way below average. Similarly, it shows Operating Margin (OM) of (0.01) %, which suggests for every $100 dollars of sales, it generated a net operating loss of $0.01. Last Reported | Projected for Next Year | ||
Return On Tangible Assets | 0.06 | 0.07 | |
Return On Capital Employed | (0.01) | (0.01) | |
Return On Assets | 0.06 | 0.07 | |
Return On Equity | 1.85 | 1.94 |
Management Efficiency
At present, Carvana's Return On Tangible Assets are projected to slightly decrease based on the last few years of reporting. The current year's Return On Assets is expected to grow to 0.07, whereas Return On Capital Employed is forecasted to decline to (0.01). At present, Carvana's Total Assets are projected to increase significantly based on the last few years of reporting. The current year's Other Current Assets is expected to grow to about 174.4 M, whereas Net Tangible Assets are projected to grow to (502.7 M). Carvana's management efficiency ratios could be used to measure how well Carvana manages its routine affairs as well as how well it operates its assets and liabilities.Last Reported | Projected for Next Year | ||
Book Value Per Share | 2.22 | 4.02 | |
Net Current Asset Value | 0.00 | 0.00 | |
Tangible Asset Value | 0.00 | 0.00 | |
Tangible Book Value Per Share | (3.99) | (3.79) | |
Enterprise Value Over EBITDA | 42.57 | 44.70 | |
Price Book Value Ratio | 23.82 | 16.82 | |
Enterprise Value Multiple | 42.57 | 44.70 | |
Price Fair Value | 23.82 | 16.82 | |
Enterprise Value | 15.4 B | 13.7 B |
The analysis of Carvana's management efficiency is an essential part of evaluating and assessing the financial and operational performance of the entity. It is also vital to analyze Carvana's future growth prospects and the overall market conditions to determine the value and potential of its stock. The analysis involves studying a range of financial metrics such as revenue, earnings, profit margins, cash flow, debt, market share, and external factors such as economic trends, industry outlook, competition, and government regulations. The goal of Carvana Stock analysis is to determine whether it is undervalued, fairly valued, or overvalued and to make informed investment decisions.
Beta 3.301 |
Technical Drivers
As of the 28th of April, Carvana shows the Mean Deviation of 4.06, downside deviation of 4.08, and Risk Adjusted Performance of 0.1349. Carvana technical analysis gives you the methodology to make use of historical prices and volume patterns to determine a pattern that approximates the direction of the firm's future prices. Put another way, you can use this information to find out if the firm will indeed mirror its model of historical prices and volume momentum, or the prices will eventually revert. We were able to interpolate nineteen technical drivers for Carvana Co, which can be compared to its peers. Please confirm Carvana value at risk, and the relationship between the jensen alpha and semi variance to decide if Carvana is priced correctly, providing market reflects its regular price of 84.31 per share. Given that Carvana has jensen alpha of 0.9133, we suggest you to validate Carvana Co's prevailing market performance to make sure the company can sustain itself at a future point.Carvana Price Movement Analysis
The output start index for this execution was fifty-nine with a total number of output elements of two. The Bollinger Bands is very popular indicator that was developed by John Bollinger. It consist of three lines. Carvana middle band is a simple moving average of its typical price. The upper and lower bands are (N) standard deviations above and below the middle band. The bands widen and narrow when the volatility of the price is higher or lower, respectively. The upper and lower bands can also be interpreted as price targets for Carvana. When the price bounces off of the lower band and crosses the middle band, then the upper band becomes the price target.
Carvana Insider Trading Activities
Some recent studies suggest that insider trading raises the cost of capital for securities issuers and decreases overall economic growth. Trading by specific Carvana insiders, such as employees or executives, is commonly permitted as long as it does not rely on Carvana's material information that is not in the public domain. Local jurisdictions usually require such trading to be reported in order to monitor insider transactions. In many U.S. states, trading conducted by corporate officers, key employees, directors, or significant shareholders must be reported to the regulator or publicly disclosed, usually within a few business days of the trade. In these cases Carvana insiders are required to file a Form 4 with the U.S. Securities and Exchange Commission (SEC) when buying or selling shares of their own companies.
Mark Jenkins over two weeks ago Acquisition by Mark Jenkins of 36795 shares of Carvana at 51.97 subject to Rule 16b-3 | ||
Mark Jenkins over a month ago Disposition of 5000 shares by Mark Jenkins of Carvana at 79.37 subject to Rule 16b-3 | ||
Ernest Garcia over a month ago Acquisition by Ernest Garcia of 32578 shares of Carvana subject to Rule 16b-3 | ||
Thomas Taira over three months ago Payment of tradable shares by Thomas Taira of Carvana subject to Rule 16b-3 | ||
Thomas Taira over three months ago Payment of tradable shares by Thomas Taira of Carvana subject to Rule 16b-3 | ||
Thomas Taira over six months ago Payment of tradable shares by Thomas Taira of Carvana subject to Rule 16b-3 |
Carvana Outstanding Bonds
Carvana issues bonds to finance its operations. Corporate bonds make up one of the largest components of the U.S. bond market, which is considered the world's largest securities market. Carvana uses the proceeds from bond sales for a wide variety of purposes, including financing ongoing mergers and acquisitions, buying new equipment, investing in research and development, buying back their own stock, paying dividends to shareholders, and even refinancing existing debt. Most Carvana bonds can be classified according to their maturity, which is the date when Carvana Co has to pay back the principal to investors. Maturities can be short-term, medium-term, or long-term (more than ten years). Longer-term bonds usually offer higher interest rates but may entail additional risks.
Carvana Predictive Daily Indicators
Carvana intraday indicators are useful technical analysis tools used by many experienced traders. Just like the conventional technical analysis, daily indicators help intraday investors to analyze the price movement with the timing of Carvana stock daily movement. By combining multiple daily indicators into a single trading strategy, you can limit your risk while still earning strong returns on your managed positions.
Carvana Corporate Filings
F4 | 15th of April 2024 The report filed by a party regarding the acquisition or disposition of a company's common stock, as well as derivative securities such as options, warrants, and convertible securities | ViewVerify |
F4 | 3rd of April 2024 The report filed by a party regarding the acquisition or disposition of a company's common stock, as well as derivative securities such as options, warrants, and convertible securities | ViewVerify |
26th of March 2024 Other Reports | ViewVerify | |
F4 | 18th of March 2024 The report filed by a party regarding the acquisition or disposition of a company's common stock, as well as derivative securities such as options, warrants, and convertible securities | ViewVerify |
F4 | 11th of March 2024 The report filed by a party regarding the acquisition or disposition of a company's common stock, as well as derivative securities such as options, warrants, and convertible securities | ViewVerify |
F4 | 6th of March 2024 The report filed by a party regarding the acquisition or disposition of a company's common stock, as well as derivative securities such as options, warrants, and convertible securities | ViewVerify |
F4 | 5th of March 2024 The report filed by a party regarding the acquisition or disposition of a company's common stock, as well as derivative securities such as options, warrants, and convertible securities | ViewVerify |
F4 | 4th of March 2024 The report filed by a party regarding the acquisition or disposition of a company's common stock, as well as derivative securities such as options, warrants, and convertible securities | ViewVerify |
Carvana Forecast Models
Carvana's time-series forecasting models are one of many Carvana's stock analysis techniques aimed at predicting future share value based on previously observed values. Time-series forecasting models ae widely used for non-stationary data. Non-stationary data are called the data whose statistical properties e.g. the mean and standard deviation are not constant over time but instead, these metrics vary over time. These non-stationary Carvana's historical data is usually called time-series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the market movement and maximize returns from investment trading.About Carvana Stock Analysis
Stock analysis is the technique used by a trader or investor to examine and evaluate how Carvana prices is reacting to, or reflecting on a current market direction and economic conditions. It can be used to make informed decisions about market timing, and when buying or selling Carvana shares will generate the highest return on investment. We also built our stock analysis module to help investors to gain an insight into the world economy as a whole, the stock market, thematic ideas. a specific sector, or an individual Stock such as Carvana. By using and applying Carvana Stock analysis, traders can create a robust methodology for identifying Carvana entry and exit points for their positions.
Last Reported | Projected for Next Year | ||
Pretax Profit Margin | 0.02 | 0.02 | |
Operating Profit Margin | (0.01) | (0.01) | |
Net Profit Margin | 0.04 | 0.04 | |
Gross Profit Margin | 0.16 | 0.17 |
Current Carvana Analysis - Recommendations
We track the performance of the top 100 financial experts across various large and mid-size financial boutiques. Carvana analyst recommendations are determined by taking all analyst recommendations and averaging them as Strong Buy, Buy, Hold, Strong Sell or Sell. There is no one specific way to measure analysis performance other than comparing it to the past results via a very sophisticated attribution analysis. Carvana analyst consensus and target price projections should be used in combination with other traditional techniques such as stock price forecasting, technical analysis, earnings estimate, and various momentum models.
Target Price | Advice | # of Analysts | |
40.28 | Hold | 23 | Odds |
Most Carvana analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to helps potential investors understand Carvana stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of Carvana, talking to its executives and customers, or listening to Carvana conference calls.
Carvana Stock Analysis Indicators
Carvana Co stock analysis indicators help investors evaluate how Carvana stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing and determine when trading Carvana shares will generate the highest return on investment. By understating and applying Carvana stock analysis, traders can identify Carvana position entry and exit signals to maximize returns.
Begin Period Cash Flow | 628 M | |
Long Term Debt | 5.4 B | |
Common Stock Shares Outstanding | 200.6 M | |
Total Stockholder Equity | 243 M | |
Tax Provision | 25 M | |
Property Plant And Equipment Net | 3.4 B | |
Cash And Short Term Investments | 896 M | |
Cash | 530 M | |
Accounts Payable | 224 M | |
Net Debt | 6.2 B | |
50 Day M A | 76.871 | |
Total Current Liabilities | 1.5 B | |
Other Operating Expenses | 10.8 B | |
Non Current Assets Total | 3.8 B | |
Non Currrent Assets Other | 261 M | |
Stock Based Compensation | 73 M |
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Carvana Co. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors. You can also try the CEOs Directory module to screen CEOs from public companies around the world.
Complementary Tools for Carvana Stock analysis
When running Carvana's price analysis, check to measure Carvana's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Carvana is operating at the current time. Most of Carvana's value examination focuses on studying past and present price action to predict the probability of Carvana's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Carvana's price. Additionally, you may evaluate how the addition of Carvana to your portfolios can decrease your overall portfolio volatility.
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Is Carvana's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Carvana. If investors know Carvana will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Carvana listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (4.18) | Revenue Per Share 98.525 | Quarterly Revenue Growth (0.15) | Return On Assets (0.01) | Return On Equity (12.69) |
The market value of Carvana is measured differently than its book value, which is the value of Carvana that is recorded on the company's balance sheet. Investors also form their own opinion of Carvana's value that differs from its market value or its book value, called intrinsic value, which is Carvana's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Carvana's market value can be influenced by many factors that don't directly affect Carvana's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Carvana's value and its price as these two are different measures arrived at by different means. Investors typically determine if Carvana is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Carvana's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.