Carvana Co. Class A (NYSE:CVNA) shares traded 2.49% up during most recent session to reach at the closing price of $46.17. The stock exchanged hands 2.62 Million shares versus average trading capacity of 1.49 Million shares, yielding a market cap of $6.2 Billion. Wall Street analysts covering the stock are projecting that the stock will reach $61.15 within the next 52-weeks. The mean target projections are based on 13 opinions.
Taking a broader look brokerage firms’ analysts on the street with an expectant view have Carvana Co. Class A (NYSE:CVNA) high price target of $78 and with a conservative view have low price target of $45.
Wells Fargo “Maintained” Carvana Co. Class A (NYSE:CVNA) in a research note issued to investors on 10/01/18 to Outperform with price target of $72.
Additionally on 9/11/18 Citigroup “Maintained” Carvana Co. Class A (NYSE:CVNA) to Buy setting price target at $77 and on 9/05/18 Stephens & Co. “Initiates Coverage On” the stock to Equal-Weight at $0. Furthermore on 8/09/18 Baird “Maintained” the stock to Outperform at $60.
On the other hand the company has Relative Strength Index (RSI 14) of 47.54 along with Average True Range (ATR 14) of 3.54, Consequently Carvana Co. Class A (NYSE:CVNA)’s weekly and monthly volatility is 8.46%, 8.04% respectively. The company’s beta value is at 0.
In terms of Buy, Sell or Hold recommendations, Carvana Co. Class A (NYSE:CVNA) has analysts’ mean recommendation of 1.9. This is according to a simplified 1 to 5 scale where 1 represents a Strong Buy and 5 a Strong Sell.
According to analysts Carvana Co. Class A (NYSE:CVNA)’s minimum EPS for the current quarter is at $-0.4 and can go high up to $-0.28. The consensus mean EPS for the current quarter is at $-0.35 derived from a total of 12 estimates from the analysts who have weighed in on projected earnings. However the company reported $-0.36 earnings per share for the same quarter during last year.
Previously Carvana Co. Class A (NYSE:CVNA) reported $-0.4 earnings per share (EPS) for the quarter, missing the consensus estimate of $-0.37 by $-0.03. The company posted an earnings surprise of -8.1%.
Carvana Co. Class A (NYSE:CVNA)’s revenue estimates for the current quarter are $578.94 Million according to 12 number of analysts, for the current quarter the company has high revenue estimates of $600.96 Million in contradiction of low revenue estimates of $544.21 Million. For the current year the company’s revenue estimates are $1.92 Billion compared to low analyst estimates of $1.87 Billion and high estimates of $1.95 Billion according to 13 number of analysts.
Currently Carvana Co. Class A (NYSE:CVNA)’s shares owned by insiders are 0.4%, whereas shares owned by institutional owners are 0%. However the six-month change in the insider ownership was recorded -88.85%, as well as three-month change in the institutional ownership was recorded 0.07%.
Carvana Co. Class A (NYSE:CVNA)’s trailing twelve month revenues are $1.33 Billion, whereas its price to sales ratio for the same period is 4.67. Its book value per share for the most recent quarter is $2.35 while its price to book ratio for the same period is 19.65, as for as the company’s cash per share for the most recent quarter is $2.06, however its price to cash per share ratio for the same period is 22.43. The stock has 5 year expected PEG ratio of 0 whereas its trailing twelve month P/E ratio is 0.