After Hours
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. Yahoo Finance discussed the stock recently as it posted Carvana Announces Record Fourth Quarter and Full Year 2023 Results.
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Stocks Info
This NYSE-listed company operates within the Auto & Truck Dealerships industry segment, falling under the Consumer Cyclical sector. The current market capitalization of Carvana Co. is $7.97B. A total of 14.77 million shares were traded on the day, compared to an average of 8.55M shares.
Insider Activity
Insider trades can also provide insight into a stock’s future direction. During the recent three months, CVNA has seen 0 BUY and 0 SELL insider trades, representing the acquisition of 0 and the disposition of 0 shares. Over the last 12 months, there were 17 BUYs and 83 SELLs from insiders. Insiders purchased 475,749 shares during that period but sold 197,654.
In the most recent transaction, BREAUX PAUL W. sold 15,000 shares of CVNA for 69.00 per share on Feb 23. After the transaction, the insider now owns 150,126 company shares. In a previous transaction on Feb 02, Palmer Stephen R sold 406 shares at 40.97 per share. CVNA shares that Vice President of Accounting owns now total 68,702.
Among the insiders who sold shares, Palmer Stephen R disposed of 4,515 shares on Jan 02 at a per-share price of $49.57. This resulted in the Vice President of Accounting holding 69,108 shares of CVNA after the transaction. In another insider transaction, BREAUX PAUL W. sold 20,000 shares at $59.00 per share on Dec 19. Company shares held by the insider now total 144,819.
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 $51.81 with high estimates of $80.00 and low estimates of $26.00. In terms of 52-week highs and lows, CVNA has a high of $76.33 and a low of $6.45.
As of this writing, CVNA has an earnings estimate of -$0.89 per share for the current quarter. EPS was calculated based on a consensus of 19 estimates, with a high estimate of -$0.32 per share and a lower estimate of -$2.18. The company reported an EPS of -$0.55 in the last quarter, which was 52.20% higher than expectations of -$1.15.
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 $2.13, while its Total Shareholder’s Equity was $525.00M.
Analysts Opinion
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 2.95.
