CVNA - Carvana Co Stock Price, Fair Value and News

114.41USD-2.25 (-1.93%)Market Closed

Market Summary

USD114.41-2.25

Market Closed

-1.93%

CVNA Alerts

1 major insider buys and 9 major insider sales recently.

Big jump in Earnings (Y/Y)

CVNA Stock Price

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CVNA RSI Chart

CVNA Valuation

Market Cap

12.5B

Price/Earnings (Trailing)

18.46

Price/Sales (Trailing)

1.11

Price/Free Cashflow

13.94

CVNA Price/Sales (Trailing)

CVNA Profitability

Return on Equity

-217.85%

Return on Assets

9.7%

Free Cashflow Yield

7.17%

CVNA Fundamentals

CVNA Revenue

Revenue (TTM)

11.2B

Rev. Growth (Yr)

17.46%

Rev. Growth (Qtr)

26.28%

CVNA Earnings

Earnings (TTM)

677.5M

Earnings Growth (Yr)

109.79%

Earnings Growth (Qtr)

201.82%

Breaking Down CVNA Revenue

Last 7 days

40.7%

Last 30 days

39.2%

Last 90 days

142.6%

Trailing 12 Months

932.5%

How does CVNA drawdown profile look like?

CVNA Financial Health

Current Ratio

2.54

Debt/Equity

-17.83

Debt/Cashflow

0.17

CVNA Investor Care

Shares Dilution (1Y)

8.43%

Diluted EPS (TTM)

2.38

Historical Charts for Stock Metrics

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Net sales

Year	Q1	Q2	Q3	Q4
2024	11.2B	0	0	0
2023	12.7B	11.8B	11.2B	10.8B
2022	14.1B	14.6B	14.5B	13.6B
2021	6.7B	9.0B	10.9B	12.8B
2020	4.3B	4.4B	4.9B	5.6B
2019	2.4B	2.9B	3.4B	3.9B
2018	1.1B	1.3B	1.6B	2.0B
2017	451.3M	574.1M	700.6M	858.9M
2016	189.1M	247.8M	306.5M	365.1M
2015	0	0	0	130.4M

Get all data in R, Python etc through our Historical Stock Data APIs

GRUFITY'S FAIR VALUE MODEL

Stocks Marked 'Very Cheap' by Grufity's Fair Value Model Have Outperformed Russell 2000 Index

Small Caps and Mid Caps are mostly overlooked by investors as all the focus goes to Magnificent 7. These stocks that are not part of the beauty contest require a deeper look. However, all large cap stocks were once small caps. Grufity's Fair Value model opens up this unverse as it separates high-performing, rewarding stocks from low-performing risky stocks. <b>Russell 2000 stocks that were marked 'Very Cheap' by the model doubled in three years while the index was flat.</b>

Returns of $10,000 invested in:

Very Cheap Stocks: $21,859
Russell 2000 Index: $10,334
Very Expensive Stocks: $8,224

Russell 2000 stocks considered 'Very Cheap' by the model greatly outperformed Russell 2000 index and the 'Very Expensive' bucket over past three years.

Russell 2000 Index

Very Expensive Stocks

Very Cheap Stocks

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Tracking the Latest Insider Buys and Sells of Carvana Co

Filter Transactions

Datesorted ascending	Name	Buy/Sell	$ Value	Avg. Price	# Shares	Title
May 03, 2024	breaux paul w.	acquired	-	-	43,575	see remarks
May 03, 2024	garcia ernest c. ii	sold	-1,834,120	121	-15,089	-
May 03, 2024	garcia ernest c. ii	sold	-5,387,160	119	-44,911	-
May 03, 2024	breaux paul w.	sold	-1,845,000	123	-15,000	see remarks
May 02, 2024	taira thomas	sold	-1,295,370	114	-11,300	president, special projects
May 02, 2024	breaux paul w.	sold	-4,931,570	119	-41,400	see remarks
May 02, 2024	garcia ernest c. iii	sold	-2,104,020	116	-18,100	chief executive officer
May 02, 2024	keeton ryan s.	sold	-953,246	115	-8,250	chief brand officer
May 02, 2024	jenkins mark w.	sold	-2,095,490	116	-18,000	chief financial officer
May 02, 2024	palmer stephen r	sold	-55,753	116	-480	vice president of accounting

Which funds bought or sold CVNA recently?

View All Details

Datesorted ascending	Fund Name	Type	% Chg	$ Change	$ Held	% Portfolio
May 07, 2024	PANAGORA ASSET MANAGEMENT INC	added	32.51	11,401,800	20,899,500	0.11%
May 07, 2024	QRG CAPITAL MANAGEMENT, INC.	new	-	467,417	467,417	0.01%
May 07, 2024	Cornerstone Planning Group LLC	unchanged	-	1,375	2,434	-%
May 07, 2024	Headlands Technologies LLC	added	1,109	1,665,240	1,752,490	0.42%
May 07, 2024	NEW YORK STATE COMMON RETIREMENT FUND	added	4.15	1,516,000	3,595,000	-%
May 07, 2024	Swiss National Bank	added	7.17	7,367,390	16,817,200	0.01%
May 07, 2024	Illinois Municipal Retirement Fund	unchanged	-	582,000	1,462,000	0.02%
May 07, 2024	OPPENHEIMER & CO INC	unchanged	-	157,365	395,595	0.01%
May 07, 2024	SUSQUEHANNA INTERNATIONAL GROUP, LLP	reduced	-84.78	-1,934,350	654,314	-%
May 07, 2024	SEI INVESTMENTS CO	new	-	379,963	379,963	-%

Are Funds Buying or Selling CVNA?

Are funds buying CVNA calls or puts?

Calls

Puts

No. of funds holding Calls - Puts

Net Call Options

No. of funds that own CVNA

No. of Funds

CVNA Alerts

1 major insider buys and 9 major insider sales recently.
Big jump in Earnings (Y/Y)

Unveiling Carvana Co's Major ShareHolders

Date Filed	Name of Filer	Percent of Class	No. of Shares	Form Type
Feb 14, 2024	cas investment partners, llc	6.0%	6,827,803	SC 13G/A
Feb 14, 2024	greenoaks capital partners llc	5.3%	6,040,032	SC 13G/A
Feb 14, 2024	jane street group, llc	3.8%	4,322,259	SC 13G/A
Feb 14, 2024	spruce house investment management llc	8.3%	9,490,000	SC 13G/A
Feb 13, 2024	vanguard group inc	8.79%	10,023,577	SC 13G/A
Feb 12, 2024	morgan stanley	13.8%	15,757,954	SC 13G/A
Feb 09, 2024	garcia ernest c. iii	21.40%	30,357,527	SC 13G/A
Feb 09, 2024	jane street group, llc	5.4%	6,172,353	SC 13G
Feb 07, 2024	cvan holdings llc	7.46%	9,141,546	SC 13G/A
Feb 01, 2024	goldman sachs group inc	1.2%	1,343,679	SC 13G/A

Recent SEC filings of Carvana Co

View All Filings

Date Filed	Form Type	Document
May 07, 2024	144	Notice of Insider Sale Intent
May 07, 2024	144	Notice of Insider Sale Intent
May 07, 2024	8-K	Current Report
May 06, 2024	144	Notice of Insider Sale Intent
May 06, 2024	4	Insider Trading
May 03, 2024	4	Insider Trading
May 03, 2024	4/A	Insider Trading
May 03, 2024	4	Insider Trading
May 03, 2024	4	Insider Trading
May 03, 2024	4	Insider Trading

Peers (Alternatives to Carvana Co)

Name	Mkt Capsorted ascending	Revenue	Price %, 1M	Returns, 1Y	P/E	P/S	Rev 1-Yr	Inc 1-Yr
LARGE-CAP
TSLA	557.4B	94.7B	7.83%	3.50%	40.95	5.88	10.12%	15.85%
GM	52.0B	174.9B	2.40%	34.55%	4.87	0.3	8.79%	13.26%
F	48.4B	177.5B	-8.43%	1.16%	12.3	0.27	7.54%	33.01%
APTV	22.6B	20.1B	11.07%	-11.67%	7.56	1.12	11.06%	348.88%
KMX	11.1B	26.5B	-15.04%	-4.84%	23.1	0.42	-10.61%	-1.15%
MID-CAP
BWA	8.5B	14.4B	6.39%	-18.23%	13.92	0.59	5.28%	-36.11%
ALSN	6.6B	3.1B	-8.13%	57.17%	9.87	2.15	8.82%	17.48%
ABG	4.5B	15.4B	-2.09%	8.67%	7.88	0.29	2.10%	-39.62%
GT	3.6B	19.7B	-4.09%	8.85%	-5.58	0.18	-5.64%	-9328.57%
ADNT	2.6B	15.2B	-10.95%	-22.64%	16.23	0.17	3.04%	1216.67%
SMALL-CAP
BLBD	1.2B	1.2B	-0.85%	87.90%	19.74	1	33.91%	215.64%
AXL	916.9M	6.2B	4.40%	4.26%	-114.61	0.15	5.67%	-113.75%
CAAS	106.6M	576.4M	-6.70%	-19.82%	2.83	0.18	8.84%	77.79%
WKHS	59.8M	13.1M	-4.76%	-80.77%	-0.48	4.57	160.69%	-5.67%
AYRO	5.7M	498.9K	-23.87%	131.37%	-0.17	11.51	-83.32%	-48.94%

Carvana Co News

Latest updates

Carvana Co Earnings Report: Key Takeaways & Analysis

Income Statement (Last 12 Months)

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Income Statement (Quarterly)																					(In Millions)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1
Revenue	26.3%	3,061	2,424	2,773	2,968	2,606	2,837	3,386	3,884	3,497	3,753	3,480	3,336	2,245	1,826	1,544	1,118	1,098	1,104	1,095	986	755
Gross Profit	47.0%	591	402	482	499	341	193	359	396	298	516	523	552	338	244	262	150	138	143	138	138	89.00
S&GA Expenses	3.9%	456	439	433	452	472	632	656	721	727	620	546	470	397	342	269	239	276	242	208	182	155
Interest Expenses	4.8%	173	165	153	155	159	153	153	116	64.00	55.00	48.00	43.00	30.00	62.00	20.00	20.00	29.00	25.00	21.00	19.00	16.00
Income Taxes	50.0%	-1.00	-2.00	29.00	-	-2.00	-	-	1.00	-	1.00	-	-	-	-	-	-	-	-	-	-	-
Net Income	201.8%	28.00	-27.50	782	-105	-286	-582	-283	-439	-506	-77.50	-32.00	45.00	-82.00	-63.34	-7.00	-106	-184	-41.13	-30.09	-20.32	-23.11
Net Income Margin	78.8%	0.06*	0.03*	-0.02*	-0.11*	-0.13*	-0.13*	-0.09*	-0.07*	-0.04*	-0.01*	-0.01*	-0.01*	-0.04*	-0.06*	-0.07*	-0.08*	-0.06*	-0.03*	-0.03*	-0.03*	-0.03*
Free Cashflow	132.3%	83.00	-257	580	491	-98.00	-800	-188	-35.00	-813	-1,339	-479	-719	-614	-251	-371	-88.00	-258	-401	-203	-125	-257

Balance Sheet

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Balance Sheet																					(In Millions)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1
Assets	-1.2%	6,983	7,071	7,025	7,849	8,646	8,698	9,621	10,502	7,585	7,015	5,360	4,581	3,819	3,035	2,733	2,477	2,239	2,058	1,684	1,474	1,338
Current Assets	-2.7%	3,232	3,321	3,186	3,912	4,616	4,594	4,469	5,491	5,070	4,892	3,690	3,245	2,628	1,923	1,747	1,571	1,394	1,359	1,098	958	877
Cash Equivalents	-38.3%	327	530	544	541	488	434	316	1,047	247	403	297	201	370	329	174	246	72.00	118	95.00	40.00	85.00
Inventory	1.0%	1,162	1,150	1,085	1,302	1,485	1,876	2,577	2,865	3,304	3,149	2,285	1,974	1,439	1,036	968	629	845	763	630	607	526
Net PPE	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	457	392	353
Goodwill	-	-	-	-	-	-	-	847	847	9.00	9.00	9.00	9.00	9.00	9.00	9.00	9.00	9.00	9.00	9.00	9.00	9.00
Liabilities	-2.2%	7,294	7,455	7,227	9,255	9,968	9,751	9,247	9,638	7,533	6,490	4,652	3,811	3,098	2,233	1,771	1,504	2,226	1,866	1,373	1,081	1,186
Current Liabilities	-17.1%	1,274	1,536	1,395	2,179	2,850	2,592	1,878	2,368	3,741	2,890	1,261	1,333	696	467	549	373	1,128	865	507	250	630
Long Term Debt	2.4%	5,544	5,416	5,305	6,542	6,553	6,574	6,616	6,605	3,286	3,208	3,134	2,327	2,254	1,617	1,081	966	936	883	777	743	136
LT Debt, Non Current	-100.0%	-	5,416	5,305	6,542	6,553	6,574	6,616	6,605	3,286	3,208	3,134	2,327	2,254	1,617	1,081	966	936	883	777	743	-
Shareholder's Equity	-228.0%	-311	243	339	-	-1,322	-1,053	374	864	52.00	525	708	770	721	802	961	973	13.00	192	311	394	153
Retained Earnings	1.7%	-1,598	-1,626	-1,512	-2,294	-2,236	-2,076	-1,270	-987	-749	-489	-400	-368	-390	-354	-290	-283	-242	-183	-168	-129	-103
Additional Paid-In Capital	1.0%	1,887	1,869	1,851	1,597	1,576	1,558	1,544	1,526	829	795	785	771	755	742	721	710	286	281	274	263	158
Shares Outstanding	-100.0%	-	109	-	106	106	101	106	101	90.00	83.00	81.00	81.00	78.00	-	62.00	66.00	-	-	-	-	-
Minority Interest	4.3%	-600	-627	-541	-709	-662	-535	100	325	-28.00	219	323	367	356	414	531	547	-29.88	94.00	206	260	98.00
Float	-	-	-	-	2,500	-	-	-	2,200	-	-	-	24,600	-	-	-	8,200	-	-	-	3,100	-

Cashflow (Last 12 Months)

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Cashflow (Quarterly)																					(In Millions)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1
Cashflow From Operations	142.3%	101	-239	599	509	-66.00	-739	-98.00	106	-593	-1,172	-283	-607	-532	-161	-272	-7.00	-168	-322	-139	-80.32	-214
Share Based Compensation	4.8%	22.00	21.00	18.00	19.00	15.00	12.00	15.00	14.00	28.00	21.00	10.00	-	8.00	7.00	6.00	6.00	6.00	13.00	4.00	3.00	8.00
Cashflow From Investing	-22.2%	7.00	9.00	16.00	25.00	-19.00	-15.00	-43.00	-2,317	-208	-275	-178	-99.00	-75.00	-85.00	-94.00	-78.00	-89.00	-79.20	-61.77	-43.83	-43.20
Cashflow From Financing	-280.3%	-375	208	-676	-551	151	905	-579	2,866	707	1,679	555	601	693	379	196	306	284	412	268	59.00	276
Dividend Payments	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-

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CVNA Income Statement

2024-03-31

Condensed Consolidated Statements of Operations - USD ($) $ in Millions	3 Months Ended
	Mar. 31, 2024	Mar. 31, 2023
Sales and operating revenues:
Net sales and operating revenues, from related parties	$ 3,061	$ 2,606
Cost of sales, including $1 and $1, respectively, to related parties	2,470	2,265
Gross profit	591	341
Selling, general and administrative expenses, including $7 and $8, respectively, to related parties	456	472
Other operating expense, net	1	1
Operating income (loss)	134	(132)
Interest expense	173	159
Other income, net	(87)	(3)
Net income (loss) before income taxes	48	(288)
Income tax benefit	(1)	(2)
Net income (loss)	49	(286)
Net income (loss) attributable to non-controlling interests	21	(126)
Net income (loss) attributable to Carvana Co.	$ 28	$ (160)
Net earnings (loss) per share of Class A common stock, basic (in dollars per share)	$ 0.24	$ (1.51)
Net earnings (loss) per share of Class A common stock, diluted (in dollars per share)	0.24	(1.51)
Class A Common Stock
Sales and operating revenues:
Net earnings (loss) per share of Class A common stock, basic (in dollars per share)	0.24	(1.51)
Net earnings (loss) per share of Class A common stock, diluted (in dollars per share)	$ 0.23	$ (1.51)
Weighted-average shares of Class A common stock, basic (in shares)	116,298,000	106,011,000
Weighted-average shares of Class A common stock, diluted (in shares)	212,239,000	106,011,000
Retail vehicle sales, net
Sales and operating revenues:
Net sales and operating revenues, from related parties	$ 2,175	$ 1,827
Wholesale sales and revenues
Sales and operating revenues:
Net sales and operating revenues, from related parties	657	618
Other sales and revenues
Sales and operating revenues:
Net sales and operating revenues, from related parties	$ 229	$ 161

CVNA Balance Sheet

2024-03-31

Condensed Consolidated Balance Sheets - USD ($) $ in Millions	Mar. 31, 2024	Dec. 31, 2023
Current assets:
Cash and cash equivalents	$ 252	$ 530
Restricted cash	75	64
Accounts receivable, net	351	266
Finance receivables held for sale, net	866	807
Vehicle inventory	1,162	1,150
Beneficial interests in securitizations	388	366
Other current assets, including $4 and $3, respectively, due from related parties	138	138
Total current assets	3,232	3,321
Property and equipment, net	2,919	2,982
Operating lease right-of-use assets, including $9 and $10, respectively, from leases with related parties	447	455
Intangible assets, net	48	52
Other assets	337	261
Total assets	6,983	7,071
Current liabilities:
Accounts payable and accrued liabilities, including $12 and $7, respectively, due to related parties	705	596
Short-term revolving facilities	275	668
Current portion of long-term debt	194	189
Other current liabilities, including $14 and $3, respectively, due to related parties	100	83
Total current liabilities	1,274	1,536
Long-term debt, excluding current portion	5,544	5,416
Operating lease liabilities, excluding current portion, including $6 and $7, respectively, from leases with related parties	424	433
Other liabilities, including $0 and $11, respectively, due to related parties	52	70
Total liabilities	7,294	7,455
Commitments and contingencies (Note 16)
Stockholders' deficit:
Preferred stock, $0.01 par value - 50,000 shares authorized; none issued and outstanding as of March 31, 2024 and December 31, 2023, respectively	0	0
Additional paid-in capital	1,887	1,869
Accumulated deficit	(1,598)	(1,626)
Total stockholders' equity attributable to Carvana Co.	289	243
Non-controlling interests	(600)	(627)
Total stockholders' deficit	(311)	(384)
Total liabilities & stockholders' deficit	6,983	7,071
Class A Common Stock
Stockholders' deficit:
Common stock	0	0
Class B Common Stock
Stockholders' deficit:
Common stock	$ 0	$ 0

About Carvana Co

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. The company was founded in 2012 and is based in Tempe, Arizona.

CEO	Mr. Ernest C. Garcia III
WEBSITE	carvana.com
INDUSTRY	Autos
EMPLOYEES	16600

Carvana Co Frequently Asked Questions

What is the ticker symbol for Carvana Co? What does CVNA stand for in stocks?

CVNA is the stock ticker symbol of Carvana Co. Every public company that trades on a stock exchange gets a ticker symbol.

What is the market capital of Carvana Co (CVNA)?

As of Tue May 07 2024, market cap of Carvana Co is 12.75 Billion. The market capitalization is calculated by multiplying the stock price with the number of shares outstanding.

What is the fair value of CVNA stock?

You can check CVNA's fair value in chart for subscribers.

What is the fair value of CVNA stock?

You can check CVNA's fair value in chart for subscribers. The fair value of Carvana Co is provided for various growth and macro-economic scenarios from very pessimiatic to very optimistic assumptions. These fair values are estimates from Grufity's Fair Value model based on company's past performance. However, past performance of Carvana Co is no guarantee of future performance. These fairvalue estimates should only be used as one of the inputs in your stock analysis. We provide model's historical fair value estimates for CVNA so that you know how good or bad the model has been in the past so you can discard it if needed. There are others that provide fair values of stocks such as wallmine, finbox, gurufocus and finviz. Most provide point in time estimates. We provide a history of our models fair value estimates so that you can get a sense of it's usefulness. Otherwise this data point is of little use.

Is Carvana Co a good stock to buy?

The fair value guage provides a quick view whether CVNA is over valued or under valued. Whether Carvana Co is cheap or expensive depends on the assumptions which impact Carvana Co's fair value. We provide several scenarios of inflation and growth to encompass these range of assumptions for CVNA.

What is Carvana Co's Price to Earnings (PE) and Price to sales (PS) ratio?

As of Tue May 07 2024, CVNA's PE ratio (Price to Earnings) is 18.82 and Price to Sales (PS) ratio is 1.14. The price to earnings and price to sales ratio are two most important valuation metrics for any company. PE ratio tell us the number of years of earnings investors are ready to pay for owning the company. Historically, S&P500 price to earnings ratio has fallen below 12 during periods of gloom and gone past 30 during periods of euphoria. CVNA PE ratio will change depending on the future growth rate expectations of investors.