Carvana Co. (NYSE:CVNA - Free Report) - Equities research analysts at William Blair lifted their Q1 2025 EPS estimates for shares of Carvana in a research note issued on Thursday, February 20th. William Blair analyst S. Zackfia now anticipates that the company will earn $0.69 per share for the quarter, up from their previous forecast of $0.47. William Blair has a "Outperform" rating on the stock. The consensus estimate for Carvana's current full-year earnings is $2.85 per share. William Blair also issued estimates for Carvana's Q2 2025 earnings at $0.94 EPS, Q3 2025 earnings at $0.95 EPS, Q4 2025 earnings at $0.86 EPS, FY2025 earnings at $3.44 EPS and FY2026 earnings at $5.13 EPS.
A number of other brokerages have also recently weighed in on CVNA. Wells Fargo & Company decreased their price target on shares of Carvana from $300.00 to $275.00 and set an "overweight" rating for the company in a research note on Monday, January 6th. JMP Securities restated a "market outperform" rating and set a $320.00 price objective on shares of Carvana in a research report on Monday, December 16th. Morgan Stanley upgraded shares of Carvana from an "underweight" rating to an "equal weight" rating and upped their price objective for the stock from $110.00 to $260.00 in a research report on Tuesday, November 5th. Needham & Company LLC upped their price objective on shares of Carvana from $330.00 to $340.00 and gave the stock a "buy" rating in a research report on Thursday, February 20th. Finally, Robert W. Baird upped their price objective on shares of Carvana from $200.00 to $250.00 and gave the stock a "neutral" rating in a research report on Thursday, February 20th. Eight equities research analysts have rated the stock with a hold rating and ten have assigned a buy rating to the company. According to MarketBeat.com, Carvana has an average rating of "Moderate Buy" and a consensus price target of $265.06.
View Our Latest Analysis on Carvana
Shares of Carvana stock opened at $216.05 on Monday. The stock has a market cap of $44.86 billion, a price-to-earnings ratio of 137.61 and a beta of 3.37. The company has a fifty day simple moving average of $233.55 and a 200-day simple moving average of $209.42. The company has a current ratio of 3.64, a quick ratio of 2.12 and a debt-to-equity ratio of 3.82. Carvana has a 12-month low of $66.97 and a 12-month high of $292.84.
Carvana (NYSE:CVNA - Get Free Report) last posted its quarterly earnings results on Wednesday, February 19th. The company reported $0.56 EPS for the quarter, topping the consensus estimate of $0.29 by $0.27. Carvana had a net margin of 1.54% and a return on equity of 36.59%. The company had revenue of $3.55 billion during the quarter, compared to analysts' expectations of $3.32 billion.
Several hedge funds have recently modified their holdings of CVNA. Raymond James & Associates boosted its position in shares of Carvana by 28.8% in the third quarter. Raymond James & Associates now owns 13,577 shares of the company's stock worth $2,364,000 after acquiring an additional 3,033 shares during the last quarter. Signaturefd LLC boosted its position in shares of Carvana by 30.9% in the third quarter. Signaturefd LLC now owns 1,842 shares of the company's stock worth $321,000 after acquiring an additional 435 shares during the last quarter. Private Advisor Group LLC boosted its position in shares of Carvana by 16.7% in the third quarter. Private Advisor Group LLC now owns 30,514 shares of the company's stock worth $5,313,000 after acquiring an additional 4,372 shares during the last quarter. Ballentine Partners LLC acquired a new stake in shares of Carvana in the third quarter worth approximately $246,000. Finally, Highland Capital Management LLC acquired a new stake in shares of Carvana in the third quarter worth approximately $1,314,000. 56.71% of the stock is owned by institutional investors and hedge funds.
In other Carvana news, insider Paul W. Breaux sold 1,362 shares of the firm's stock in a transaction dated Monday, February 10th. The shares were sold at an average price of $270.08, for a total transaction of $367,848.96. Following the sale, the insider now directly owns 153,240 shares of the company's stock, valued at $41,387,059.20. This trade represents a 0.88 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, CFO Mark W. Jenkins sold 28,422 shares of the firm's stock in a transaction dated Tuesday, February 18th. The stock was sold at an average price of $288.85, for a total transaction of $8,209,694.70. Following the sale, the chief financial officer now directly owns 219,962 shares in the company, valued at $63,536,023.70. This represents a 11.44 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last three months, insiders have sold 173,629 shares of company stock valued at $44,833,799. Insiders own 17.18% of the company's stock.
Carvana Co, together with its subsidiaries, operates an e-commerce platform for buying and selling used cars in the United States. Its platform allows customers to research and identify a vehicle; inspect it using company's 360-degree vehicle imaging technology; obtain financing and warranty coverage; purchase the vehicle; and schedule delivery or pick-up from their desktop or mobile devices.
This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to [email protected].
Before you consider Carvana, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Carvana wasn't on the list.
While Carvana currently has a "Moderate Buy" rating among analysts, top-rated analysts believe these five stocks are better buys.