Carvana Co. (NYSE: CVNA): Is It A Buying Opportunity Again?

After Hours

After-hours and pre-market trading may carry slightly higher risks than regular market hours. As issuers often announce important financial information outside regular trading hours, extended-hours trading may result in wider spreads for a particular security. That is because extended-hours trading may result in lower liquidity and higher volatility. The stock was recently discussed on Yahoo Finance as it revealed that Carvana Expands West Coast Footprint with Newest Car Vending Machine in San Diego.

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Stocks Info

CVNA belongs to the Consumer Cyclical sector of the NYSE while operating in the Auto & Truck Dealerships industry. At the end of the last regular session, the stock closed at $85.30 and fluctuated between $90.48 as its day high and $82.50 as its day low. The current market capitalization of Carvana Co. is $9.92B. A total of 11.69 million shares were traded on the day, compared to an average of 8.61M shares.

In the most recent transaction, PARIKH NEHA bought 1,300 shares of CVNA for 76.68 per share on Mar 05 ’24. After the transaction, the Director now owns 59,795 company shares. In a previous transaction on Mar 04 ’24, Palmer Stephen R sold 474 shares at 80.62 per share. CVNA shares that Vice President of Accounting owns now total 67,514.

Among the insiders who sold shares, GILL DANIEL J. disposed of 137 shares on Mar 04 ’24 at a per-share price of $80.62. This resulted in the Chief Product Officer holding 402,373 shares of CVNA after the transaction. In another insider transaction, GARCIA ERNEST C. III sold 114 shares at $80.62 per share on Mar 04 ’24. Company shares held by the Chief Executive Officer now total 870,848.

While price targets are rarely accurate, they tend to exert some kind of influence from time to time and are often taken into account by investors. In terms of 52-week highs and lows, CVNA has a high of $84.59 and a low of $6.45.

As of this writing, CVNA has an earnings estimate of -$0.77 per share for the current quarter. EPS was calculated based on a consensus of 13 estimates, with a high estimate of -$0.58 per share and a lower estimate of -$1.45. The company reported an EPS of $3.6 in the last quarter, which was 555.70% higher than expectations of -$0.79.

Balance Sheet Annually/Quarterly

An organization’s balance sheet depicts the assets and liabilities it has, as well as the amount of equity invested. Investors can measure a company’s prospects by calculating its financial ratios using this information. 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

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. 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.

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