Q1 2025 Earnings Estimate for Carvana Co. Issued By Zacks Research (NYSE:CVNA)

Carvana Co. (NYSE:CVNA - Free Report) - Stock analysts at Zacks Research increased their Q1 2025 earnings estimates for Carvana in a research note issued to investors on Tuesday, September 17th. Zacks Research analyst R. Department now forecasts that the company will post earnings of $0.48 per share for the quarter, up from their prior forecast of $0.47. The consensus estimate for Carvana's current full-year earnings is $0.18 per share. Zacks Research also issued estimates for Carvana's Q2 2025 earnings at $0.47 EPS and Q3 2025 earnings at $0.42 EPS.

A number of other brokerages have also recently issued reports on CVNA. Robert W. Baird began coverage on Carvana in a report on Thursday, August 1st. They set a "neutral" rating and a $160.00 price objective for the company. DA Davidson increased their price objective on Carvana from $110.00 to $155.00 and gave the stock a "neutral" rating in a research report on Thursday, August 1st. Morgan Stanley boosted their target price on shares of Carvana from $75.00 to $110.00 and gave the company an "underweight" rating in a research report on Thursday, August 1st. Wedbush raised shares of Carvana to a "neutral" rating and raised their price target for the stock from $120.00 to $150.00 in a research report on Monday, August 19th. Finally, Wells Fargo & Company upgraded shares of Carvana from an "equal weight" rating to an "overweight" rating and lifted their price objective for the stock from $77.00 to $175.00 in a research note on Thursday, August 1st. One investment analyst has rated the stock with a sell rating, ten have given a hold rating and eight have given a buy rating to the company. According to MarketBeat.com, the stock presently has a consensus rating of "Hold" and a consensus price target of $153.88.

Carvana Stock Performance

Shares of Carvana stock traded up $9.09 during trading on Thursday, hitting $170.72. 5,169,927 shares of the stock were exchanged, compared to its average volume of 5,115,372. The company has a fifty day moving average price of $141.54 and a 200-day moving average price of $114.04. The stock has a market capitalization of $34.58 billion, a price-to-earnings ratio of 74.49 and a beta of 3.43. The company has a current ratio of 3.11, a quick ratio of 2.02 and a debt-to-equity ratio of 47.20. Carvana has a 1-year low of $25.09 and a 1-year high of $171.67.

Carvana (NYSE:CVNA - Get Free Report) last announced its quarterly earnings data on Wednesday, July 31st. The company reported $0.14 earnings per share (EPS) for the quarter. The company had revenue of $3.41 billion for the quarter, compared to the consensus estimate of $3.23 billion.

Insider Activity

In related news, insider Thomas Taira sold 25,000 shares of the company's stock in a transaction that occurred on Monday, June 24th. The shares were sold at an average price of $120.00, for a total transaction of $3,000,000.00. Following the completion of the transaction, the insider now directly owns 161,397 shares in the company, valued at approximately $19,367,640. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. In other Carvana news, major shareholder Ernest C. Garcia II sold 100,000 shares of the stock in a transaction dated Thursday, August 15th. The stock was sold at an average price of $148.68, for a total value of $14,868,000.00. Following the completion of the transaction, the insider now directly owns 690,814 shares in the company, valued at $102,710,225.52. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, insider Thomas Taira sold 25,000 shares of the business's stock in a transaction dated Monday, June 24th. The stock was sold at an average price of $120.00, for a total value of $3,000,000.00. Following the sale, the insider now owns 161,397 shares in the company, valued at $19,367,640. The disclosure for this sale can be found here. In the last three months, insiders have sold 2,521,866 shares of company stock worth $347,083,884. Corporate insiders own 17.12% of the company's stock.

Institutional Investors Weigh In On Carvana

A number of institutional investors have recently added to or reduced their stakes in the business. Vanguard Group Inc. grew its position in shares of Carvana by 7.0% in the 4th 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 during the last quarter. Rafferty Asset Management LLC increased its position in Carvana by 38.6% during the 4th quarter. Rafferty Asset Management LLC now owns 43,792 shares of the company's stock valued at $2,318,000 after purchasing an additional 12,193 shares during the period. Investmentaktiengesellschaft Fuer Langfristige Investoren TGV raised its holdings in Carvana by 17.6% during the 4th quarter. Investmentaktiengesellschaft Fuer Langfristige Investoren TGV now owns 500,000 shares of the company's stock worth $26,470,000 after purchasing an additional 75,000 shares during the last quarter. Tidal Investments LLC acquired a new position in shares of Carvana in the 1st quarter worth approximately $1,783,000. Finally, US Bancorp DE boosted its stake in shares of Carvana by 724.5% in the 1st quarter. US Bancorp DE now owns 5,549 shares of the company's stock valued at $488,000 after purchasing an additional 4,876 shares during the last quarter. 56.71% of the stock is owned by institutional investors.

Carvana Company Profile

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.