Carvana Co. (CVNA) – A Trader’s Perspective

PLATT IRA J., Director, subtracted 14,000 shares of Carvana Co. (CVNA) from its portfolio at the rate of $79.58 per share valuing $1,114,120 on Aug 12. The insider left behind 22,382 shares of the company to its portfolio. Before making a move on any particular stock, readers often pay close attention to support and resistance markers. The last reported price for shares of Carvana Co. (CVNA) was $78.38. Currently, the 1st Resistance Point for this stock is $80.04, with a 2nd Resistance Point sitting at $81.72. Meanwhile, this company’s stock has a 1st Support Level at $76.58 and a 2nd Support Level at $74.80. Carvana Co. (CVNA) stock has gained $17.38, or 28.51%, in the past five days. In the last full month, these shares have gained $11.04, or 16.40%. In the past three months, this stock’s price has risen by $11.59, or 17.36%. This year-to-date, Carvana Co. (CVNA) shares have gained $45.64, or 139.53%.

Analyzing price projection indicators is a helpful way to determine whether a potential stock buy is a wise choice for profits in the short term, medium term, and long term. For Carvana Co. (CVNA) stock, 100% of short-term indicators suggest that these shares are a “ Buy .” Meanwhile, 50% of medium-term indicators point to this stock being a “ Buy .”

With 150,314 K shares outstanding, this company currently has a market capitalization of $11,739,523K. Carvana Co. (CVNA) generates $1,955 M in annual sales, amounting to annual net income of -$61,750 K. This stock has generated a 1-Year Total Return of 44.93%, a 3-Year Total Return of 0.00%, and a 5-year Total Return of 0.00%. This stock’s 5-Year Dividend Growth is 0.00%. Its Annual Dividend Yield is 0.00%, and its Annual Dividend Rate is 0.00.

In the most recently-reported fiscal quarter, which ended in Jun-19, Carvana Co. (CVNA) reported earnings of -$0.40 per share. Wall Street analysts, on average, were expecting the company to report earnings of -$0.42 per share, representing a 0.02 difference and -3.71% surprise. In the previous quarter ending in Mar-19, the reported earnings of -$0.53 represented a -0.06 difference from the consensus estimate calling for -$0.47 per share, which was a -13.30% surprise.

For the current fiscal quarter, which is set to end in 09/2019, the average earnings estimate is -$0.38 per share. This estimate came from a total of 8 Wall Street Analysts. Of those market experts, the high estimate was -$0.31 and the low estimate was -$0.46. In the year-ago quarter, Carvana Co. (CVNA) generated per-share earnings of -$0.40. If the analysts are correct about the current quarter’s earnings, the growth will be +5.00%.

Turning our focus now to insider trading activity, there have been 9 purchases (177,463 shares in total) and 69 sale (1,643,298 shares in total) in the last 3 months. In the last 6 months, there have been 19 insider buys amounting to 486,615 shares and 87 insider sales amounting to 2,015,418 shares. In the past full year, 39 insider purchases were made (involving 2,059,800 shares) and 99 insider sell-offs equivalent to 2,544,418 shares.

Moving onto liquidity, Carvana Co. (CVNA) has a Current Ratio of 2.01, a Quick Ratio of 0.76 and a Cash Ratio of 0.27. Looking at this company’s capital structure, its Total Debt to Total Equity is 862.91, its Total Debt to Total Capital is 89.61, and its Total Debt to Total Assets is now 63.92. Looking even further ahead into the future, its Long-Term Debt to Equity is 579.43 and its Long-Term Debt to Total Capital is 60.18.