There is a slight risk associated with trading before and after the market open. Due to lower liquidity and higher volatility, extended-hours trading may result in wider spreads on particular security due to the release of critical financial information after regular trading hours. After-hours trades for Carvana Co. (CVNA) shows that investor sentiment remained intact, with the stock’s consolidated last price rising by $0.08, or 0.15%, to $52.03. The Carvana Co. has recorded 49,991 volume in the after hours trading session. The stock was recently discussed on Yahoo Finance as it revealed that Carvana Adopts Texas DMV E-Odometer System, Further Streamlining the Car Buying Experience.
This NYSE-listed company operates within the Auto & Truck Dealerships industry segment, falling under the Consumer Cyclical sector. At the end of the last regular session, the stock closed at $51.95 and fluctuated between $55.14 as its day high and $50.70 as its day low. The current market capitalization of Carvana Co. is $10.53B. A total of 12.1 million shares were traded on the day, compared to an average of 20.55M shares.
Insider trades can also provide insight into a stock’s future direction. During the recent three months, CVNA has seen 7 BUY and 24 SELL insider trades, representing the acquisition of 296,698 and the disposition of 134,369 shares. Over the last 12 months, there were 30 BUYs and 99 SELLs from insiders. Insiders purchased 1,317,584 shares during that period but sold 191,335.
In the most recent transaction, BREAUX PAUL W. sold 20,000 shares of CVNA for 49.00 per share on Sep 11. After the transaction, the insider now owns 165,174 company shares. In a previous transaction on Nov 22, Taira Thomas bought 35,000 shares at 6.86 per share. CVNA shares that President, Special Projects owns now total 77,518.
Among the insiders who bought shares, GILL DANIEL J. acquired of 133,000 shares on Nov 21 at a per-share price of $7.62. This resulted in the Chief Product Officer holding 263,415 shares of CVNA after the transaction. In another insider transaction, SULLIVAN GREGORY B bought 8,000 shares at $10.00 per share on Nov 14. Company shares held by the Director now total 17,392.
Even though price targets are rarely accurate, they do tend to exert some kind of influence from time to time and are often considered important by markets. According to analysts who have offered 12-month price targets for CVNA in the last 3 months, the mean price target is $43.65 with high estimates of $63.00 and low estimates of $15.00. In terms of 52-week highs and lows, CVNA has a high of $57.19 and a low of $3.55.
As of this writing, CVNA has an earnings estimate of -$0.83 per share for the current quarter. EPS was calculated based on a consensus of 18 estimates, with a high estimate of -$0.22 per share and a lower estimate of -$1.45. The company reported an EPS of -$1.51 in the last quarter, which was 24.50% higher than expectations of -$2.
Balance Sheet Annually/Quarterly
In a balance sheet, you can see what assets and liabilities the company has, as well as how much equity investors have invested. These figures can be used to calculate a company’s financial ratios to give investors a better idea of its prospects. CVNA’s latest balance sheet shows that the firm has $403.00M in Cash & Short Term Investments as of fiscal 2021. There were $5.77B in debt and $2.89B in liabilities at the time. Its Book Value Per Share was -$6.56, while its Total Shareholder’s Equity was $525.00M.
The risks associated with pre-market and after-hours trading may be slightly higher than the regular market hours. The reason is that extended-hours trading may result in wider spreads for particular security due to lower liquidity and higher volatility as issuers often announce critical financial information outside regular trading hours. Currently, 0 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for CVNA is Buy with a score of 2.57.