William Blair Issues Positive Estimate for Carvana Earnings

Carvana Co. (NYSE:CVNA - Free Report) - William Blair upped their Q1 2025 EPS estimates for Carvana in a report released on Thursday, April 24th. William Blair analyst S. Zackfia now forecasts that the company will earn $0.85 per share for the quarter, up from their prior forecast of $0.74. 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 $1.11 EPS, Q3 2025 earnings at $1.12 EPS, Q4 2025 earnings at $1.02 EPS and FY2026 earnings at $5.81 EPS.

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, beating analysts' consensus estimates of $0.29 by $0.27. The business had revenue of $3.55 billion for the quarter, compared to analysts' expectations of $3.32 billion. Carvana had a return on equity of 36.59% and a net margin of 1.54%.

Other equities research analysts have also recently issued research reports about the stock. Wedbush set a $250.00 price objective on shares of Carvana and gave the company a "neutral" rating in a research report on Wednesday, February 19th. JPMorgan Chase & Co. reduced their price target on shares of Carvana from $365.00 to $325.00 and set an "overweight" rating on the stock in a report on Thursday, March 27th. Needham & Company LLC reissued a "buy" rating and set a $340.00 price objective on shares of Carvana in a report on Friday, March 7th. Stephens restated an "overweight" rating and set a $300.00 price objective on shares of Carvana in a research report on Monday, March 3rd. Finally, Royal Bank of Canada boosted their target price on Carvana from $280.00 to $320.00 and gave the stock an "outperform" rating in a research report on Thursday, February 20th. Six equities research analysts have rated the stock with a hold rating and twelve have given a buy rating to the company. Based on data from MarketBeat.com, Carvana has a consensus rating of "Moderate Buy" and an average target price of $253.88.

Carvana Stock Up 0.8 %

Shares of CVNA opened at $236.82 on Monday. The business's 50 day moving average is $204.82 and its 200 day moving average is $222.98. 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 $80.07 and a 12-month high of $292.84. The company has a market capitalization of $50.48 billion, a PE ratio of 150.84 and a beta of 3.61.

Insider Buying and Selling at Carvana

In other Carvana news, COO Benjamin E. Huston sold 50,000 shares of the firm's stock in a transaction on Monday, April 7th. The stock was sold at an average price of $150.90, for a total transaction of $7,545,000.00. Following the transaction, the chief operating officer now directly owns 123,803 shares in the company, valued at $18,681,872.70. This trade represents a 28.77 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. Also, CFO Mark W. Jenkins sold 10,000 shares of Carvana stock in a transaction on Monday, February 3rd. The shares were sold at an average price of $250.12, for a total value of $2,501,200.00. Following the sale, the chief financial officer now directly owns 219,962 shares of the company's stock, valued at approximately $55,016,895.44. This trade represents a 4.35 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 330,810 shares of company stock valued at $69,243,820 in the last quarter. 17.12% of the stock is owned by insiders.

Hedge Funds Weigh In On Carvana

Several institutional investors have recently made changes to their positions in CVNA. Quent Capital LLC purchased a new position in Carvana during the 4th quarter valued at about $28,000. Global Retirement Partners LLC increased its holdings 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 Carvana during the fourth quarter valued at approximately $31,000. ORG Wealth Partners LLC bought a new position in Carvana in the fourth quarter worth approximately $34,000. Finally, Versant Capital Management Inc purchased a new stake in Carvana during the fourth quarter worth $42,000. Hedge funds and other institutional investors own 56.71% of the company's stock.

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.

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