William Blair Has Positive Outlook for Carvana Q1 Earnings

Carvana Co. (NYSE:CVNA - Free Report) - Research analysts at William Blair upped their Q1 2025 earnings per share (EPS) estimates for Carvana in a research note issued to investors on Tuesday, March 25th. William Blair analyst S. Zackfia now expects that the company will earn $0.74 per share for the quarter, up from their prior forecast of $0.69. William Blair currently 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 $0.99 EPS, Q3 2025 earnings at $1.00 EPS, Q4 2025 earnings at $0.91 EPS, FY2025 earnings at $3.64 EPS and FY2026 earnings at $5.34 EPS.

Carvana (NYSE:CVNA - Get Free Report) last released its quarterly earnings results on Wednesday, February 19th. The company reported $0.56 earnings per share (EPS) for the quarter, beating analysts' consensus estimates 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 for the quarter, compared to the consensus estimate of $3.32 billion.

A number of other equities research analysts also recently issued reports on CVNA. DA Davidson upped their price objective on Carvana from $220.00 to $260.00 and gave the company a "neutral" rating in a research report on Thursday, February 20th. Stephens restated an "overweight" rating and issued a $300.00 price target on shares of Carvana in a research report on Monday, March 3rd. Bank of America cut their price objective on shares of Carvana from $270.00 to $220.00 and set a "buy" rating on the stock in a research report on Friday, March 14th. JPMorgan Chase & Co. lowered their target price on shares of Carvana from $365.00 to $325.00 and set an "overweight" rating for the company in a report on Thursday. Finally, Morgan Stanley raised shares of Carvana from an "equal weight" rating to an "overweight" rating and increased their price objective for the stock from $260.00 to $280.00 in a research report on Tuesday, March 25th. Six investment analysts have rated the stock with a hold rating and twelve have issued a buy rating to the company's stock. Based on data from MarketBeat, the stock has a consensus rating of "Moderate Buy" and an average target price of $261.53.

Remove Ads

Carvana Price Performance

Shares of NYSE CVNA traded up $4.42 during mid-day trading on Thursday, hitting $208.83. 1,331,319 shares of the company's stock traded hands, compared to its average volume of 3,906,903. The company has a debt-to-equity ratio of 3.82, a current ratio of 3.64 and a quick ratio of 2.12. Carvana has a 1 year low of $67.61 and a 1 year high of $292.84. The company's 50-day moving average is $227.25 and its two-hundred day moving average is $218.09. The company has a market capitalization of $44.52 billion, a P/E ratio of 132.41 and a beta of 3.56.

Insiders Place Their Bets

In other Carvana news, CFO Mark W. Jenkins sold 10,000 shares of the firm's stock in a transaction that occurred on Thursday, January 2nd. The shares were sold at an average price of $200.75, for a total value of $2,007,500.00. Following the completion of the sale, the chief financial officer now directly owns 189,097 shares in the company, valued at $37,961,222.75. This trade represents a 5.02 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, COO Benjamin E. Huston sold 50,000 shares of Carvana stock in a transaction dated Friday, March 14th. The stock was sold at an average price of $178.49, for a total value of $8,924,500.00. Following the sale, the chief operating officer now directly owns 196,278 shares of the company's stock, valued at approximately $35,033,660.22. This represents a 20.30 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 197,377 shares of company stock worth $44,251,096 in the last three months. Corporate insiders own 17.12% of the company's stock.

Institutional Inflows and Outflows

Institutional investors have recently modified their holdings of the company. Quent Capital LLC purchased a new stake in Carvana in the fourth quarter valued at $28,000. Global Retirement Partners LLC grew its position in Carvana by 109.9% during the fourth quarter. Global Retirement Partners LLC now owns 149 shares of the company's stock valued at $30,000 after buying an additional 78 shares during the period. Rialto Wealth Management LLC purchased a new position in shares of Carvana in the 4th quarter valued at about $31,000. ORG Wealth Partners LLC purchased a new position in Carvana during the fourth quarter worth approximately $34,000. Finally, Versant Capital Management Inc acquired a new stake in Carvana in the fourth quarter valued at approximately $42,000. 56.71% of the stock is currently owned by hedge funds and other 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.