Equities Analysts Offer Predictions for Carvana Q1 Earnings

Carvana Co. (NYSE:CVNA - Free Report) - Research analysts at Zacks Research boosted their Q1 2025 earnings per share (EPS) estimates for Carvana in a report issued on Tuesday, March 4th. Zacks Research analyst R. Department now anticipates that the company will post earnings per share of $0.72 for the quarter, up from their previous estimate of $0.66. The consensus estimate for Carvana's current full-year earnings is $2.85 per share. Zacks Research also issued estimates for Carvana's Q2 2025 earnings at $0.87 EPS, Q3 2025 earnings at $0.91 EPS, Q4 2025 earnings at $0.89 EPS and FY2025 earnings at $3.38 EPS.

CVNA has been the subject of a number of other research reports. Royal Bank of Canada lifted their price objective on Carvana from $280.00 to $320.00 and gave the company an "outperform" rating in a research note on Thursday, February 20th. Citigroup lifted their price target on Carvana from $277.00 to $320.00 and gave the stock a "buy" rating in a research report on Friday, February 21st. Bank of America increased their price objective on shares of Carvana from $252.00 to $270.00 and gave the company a "buy" rating in a research report on Friday, February 21st. Stephens reaffirmed an "overweight" rating and issued a $300.00 target price on shares of Carvana in a report on Monday, March 3rd. Finally, Evercore ISI increased their price target on shares of Carvana from $240.00 to $245.00 and gave the company an "in-line" rating in a report on Tuesday, December 3rd. Eight analysts have rated the stock with a hold rating and ten have given a buy rating to the company's stock. According to MarketBeat, Carvana currently has a consensus rating of "Moderate Buy" and an average target price of $265.94.

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Carvana Stock Up 0.7 %

Shares of CVNA traded up $1.34 during mid-day trading on Wednesday, reaching $188.19. The company had a trading volume of 8,347,166 shares, compared to its average volume of 4,293,713. The company has a debt-to-equity ratio of 3.82, a quick ratio of 2.12 and a current ratio of 3.64. The company has a market capitalization of $40.11 billion, a price-to-earnings ratio of 119.86 and a beta of 3.56. The firm has a 50-day moving average price of $231.41 and a 200 day moving average price of $213.28. Carvana has a 52 week low of $67.61 and a 52 week high of $292.84.

Carvana (NYSE:CVNA - Get Free Report) last posted its quarterly earnings data on Wednesday, February 19th. The company reported $0.56 EPS for the quarter, topping the consensus estimate of $0.29 by $0.27. The business had revenue of $3.55 billion for the quarter, compared to analyst estimates of $3.32 billion. Carvana had a net margin of 1.54% and a return on equity of 36.59%.

Insider Activity

In other Carvana news, insider Ryan S. Keeton sold 24,845 shares of the company's stock in a transaction that occurred on Thursday, December 12th. The shares were sold at an average price of $247.90, for a total transaction of $6,159,075.50. Following the completion of the sale, the insider now directly owns 151,029 shares of the company's stock, valued at approximately $37,440,089.10. This represents a 14.13 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director Ira J. Platt sold 25,000 shares of Carvana stock in a transaction on Tuesday, December 10th. The stock was sold at an average price of $244.30, for a total transaction of $6,107,500.00. Following the transaction, the director now owns 5,227 shares in the company, valued at $1,276,956.10. This represents a 82.71 % decrease in their position. The disclosure for this sale can be found here. Insiders sold 119,629 shares of company stock valued at $30,866,419 in the last quarter. 17.18% of the stock is currently owned by insiders.

Institutional Trading of Carvana

Hedge funds and other institutional investors have recently bought and sold shares of the stock. Raymond James & Associates increased its holdings in Carvana by 28.8% in the 3rd 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 in the last quarter. Wealth Enhancement Advisory Services LLC bought a new position in shares of Carvana in the third quarter worth approximately $377,000. US Bancorp DE increased its stake in shares of Carvana by 80.1% in the third quarter. US Bancorp DE now owns 10,342 shares of the company's stock worth $1,801,000 after purchasing an additional 4,599 shares in the last quarter. Forum Financial Management LP raised its position in shares of Carvana by 3.8% during the 3rd quarter. Forum Financial Management LP now owns 2,071 shares of the company's stock valued at $361,000 after purchasing an additional 76 shares during the period. Finally, QRG Capital Management Inc. lifted its stake in shares of Carvana by 16.2% during the 3rd quarter. QRG Capital Management Inc. now owns 6,713 shares of the company's stock valued at $1,169,000 after buying an additional 935 shares in the last quarter. Hedge funds and other institutional investors own 56.71% of the company's stock.

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.