Q1 2025 EPS Estimates for Carvana Co. Increased by Zacks Research (NYSE:CVNA)

Carvana Co. (NYSE:CVNA - Free Report) - Equities research analysts at Zacks Research boosted their Q1 2025 earnings per share (EPS) estimates for Carvana in a research report issued to clients and investors on Wednesday, September 11th. Zacks Research analyst R. Singhi now forecasts that the company will post earnings per share of $0.47 for the quarter, up from their previous forecast of $0.37. The consensus estimate for Carvana's current full-year earnings is $0.18 per share. Zacks Research also issued estimates for Carvana's Q3 2025 earnings at $0.41 EPS.

A number of other equities analysts have also issued reports on CVNA. Needham & Company LLC upped their target price on Carvana from $160.00 to $200.00 and gave the company a "buy" rating in a research report on Thursday, August 1st. JMP Securities reaffirmed a "market outperform" rating and issued a $200.00 price target on shares of Carvana in a report on Monday. Wells Fargo & Company raised shares of Carvana from an "equal weight" rating to an "overweight" rating and raised their price objective for the stock from $77.00 to $175.00 in a report on Thursday, August 1st. DA Davidson upped their target price on shares of Carvana from $110.00 to $155.00 and gave the company a "neutral" rating in a research note on Thursday, August 1st. Finally, JPMorgan Chase & Co. lifted their price target on Carvana from $150.00 to $155.00 and gave the stock an "overweight" rating in a research note on Friday, July 19th. One equities research analyst has rated the stock with a sell rating, ten have issued a hold rating and seven have assigned a buy rating to the stock. According to data from MarketBeat.com, Carvana has a consensus rating of "Hold" and an average price target of $151.00.

Carvana Stock Up 5.3 %

Shares of NYSE:CVNA traded up $7.14 during trading on Thursday, hitting $140.68. The company's stock had a trading volume of 3,441,673 shares, compared to its average volume of 5,134,669. Carvana has a fifty-two week low of $25.09 and a fifty-two week high of $159.85. The stock's 50-day moving average price is $139.17 and its two-hundred day moving average price is $111.46. The company has a debt-to-equity ratio of 47.20, a quick ratio of 2.02 and a current ratio of 3.11. The company has a market capitalization of $28.50 billion, a PE ratio of 61.48 and a beta of 3.43.

Hedge Funds Weigh In On Carvana

A number of institutional investors and hedge funds have recently bought and sold shares of CVNA. Price T Rowe Associates Inc. MD boosted its stake in Carvana by 39.5% during the 1st quarter. Price T Rowe Associates Inc. MD now owns 7,459,065 shares of the company's stock valued at $655,727,000 after purchasing an additional 2,112,463 shares in the last quarter. Vanguard Group Inc. boosted its stake in Carvana by 7.0% during the fourth quarter. Vanguard Group Inc. now owns 10,023,579 shares of the company's stock valued at $530,648,000 after buying an additional 655,603 shares in the last quarter. Sylebra Capital LLC bought a new position in Carvana during the second quarter valued at about $67,686,000. Senator Investment Group LP acquired a new position in Carvana during the second quarter worth about $63,767,000. Finally, Driehaus Capital Management LLC raised its position in Carvana by 124.9% in the second quarter. Driehaus Capital Management LLC now owns 581,787 shares of the company's stock worth $74,888,000 after acquiring an additional 323,153 shares in the last quarter. Institutional investors own 56.71% of the company's stock.

Insider Buying and Selling

In related news, CFO Mark W. Jenkins sold 55,000 shares of Carvana stock in a transaction dated Monday, July 1st. The shares were sold at an average price of $124.08, for a total value of $6,824,400.00. Following the sale, the chief financial officer now directly owns 186,580 shares in the company, valued at approximately $23,150,846.40. The sale was disclosed in a legal filing with the SEC, which is available at the SEC website. In related news, CFO Mark W. Jenkins sold 55,000 shares of the stock in a transaction that occurred on Monday, July 1st. The stock was sold at an average price of $124.08, for a total value of $6,824,400.00. Following the completion of the transaction, the chief financial officer now directly owns 186,580 shares of the company's stock, valued at approximately $23,150,846.40. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, major shareholder Ernest C. Garcia II sold 9,186 shares of Carvana stock in a transaction on Monday, August 26th. The shares were sold at an average price of $156.95, for a total value of $1,441,742.70. Following the sale, the insider now directly owns 41,433,131 shares in the company, valued at approximately $6,502,929,910.45. The disclosure for this sale can be found here. Insiders sold a total of 2,690,422 shares of company stock worth $359,827,927 in the last three months. 17.12% of the stock is owned by insiders.

About Carvana

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.