Carvana (CVNA)
(Delayed Data from NYSE)
$137.20 USD
-9.32 (-6.36%)
Updated Aug 2, 2024 04:00 PM ET
After-Market: $136.88 -0.32 (-0.23%) 7:58 PM ET
2-Buy of 5 2
C Value A Growth A Momentum A VGM
Company Summary
Headquartered in Phoenix, AZ, Carvana Co. is a leading e-commerce platform for buying and selling used cars. The company, which had filed for its IPO in 2017, has had an amazing run ever since, with revenues jumping around 15-fold between 2017 and 2021. Revenues rose 6% in 2022 & fell 20.8% in 2023. Carvana’s end-to-end online business model that covers every aspect of used-car retailing — including sales, financing, logistics, inspection and repair centers, as well as software development — has transformed traditional used-car sales in several ways.
With a mission of changing the way people buy cars, ...
Company Summary
Headquartered in Phoenix, AZ, Carvana Co. is a leading e-commerce platform for buying and selling used cars. The company, which had filed for its IPO in 2017, has had an amazing run ever since, with revenues jumping around 15-fold between 2017 and 2021. Revenues rose 6% in 2022 & fell 20.8% in 2023. Carvana’s end-to-end online business model that covers every aspect of used-car retailing — including sales, financing, logistics, inspection and repair centers, as well as software development — has transformed traditional used-car sales in several ways.
With a mission of changing the way people buy cars, Carvana is harnessing the power of digitization and applying it to the auto industry. It is changing customers’ shopping experience by letting them find the perfect car from the comfort of their homes without having to haggle with salespeople. Thanks to advanced technology, customers can browse through its broad inventory — over 33,000 as of Dec 31, 2023 — of high-quality used cars and get a clear and complete view of the interior and exterior of each car. Once the customers make their selection, the vehicle is either delivered to their home as soon as the next day or available for pick up at a car vending machine. Importantly, the Carvana car vending machine is the first fully-automated, coin-operated car vending machine in the United States, offering a truly memorable pick-up experience for cars purchased through Carvana.com.
Starting from a single market in Atlanta in 2013, Carvana has now expanded to 316 markets as of 2023 end. The company’s operating revenues are categorized into three components: retail used-vehicle sales, wholesale used-vehicle sales, and other sales and revenues. Retail used-vehicle sales (accounting for 69.8% of total revenues in 2023) include revenues generated through the sale of used vehicle to customers via website. Wholesale used vehicle sales (23.2%) comprise proceeds from vehicles sold to wholesalers. Other sales and revenues (7%) include sales of automotive finance receivables that it originates and sells to third parties.
During the year ended Dec 31, 2023, the number of vehicles sold to retail customers fell 24.1% year over year to 312,847 units.
General Information
Carvana Co
300 E. RIO SALADO PARKWAY
TEMPE, AZ 85281
Phone: 602-922-9866
Fax: NA
Email: investors@carvana.com
Industry | Internet - Commerce |
Sector | Retail-Wholesale |
Fiscal Year End | December |
Last Reported Quarter | 6/30/2024 |
Exp Earnings Date | 11/7/2024 |
EPS Information
Current Quarter EPS Consensus Estimate | 0.03 |
Current Year EPS Consensus Estimate | 0.24 |
Estimated Long-Term EPS Growth Rate | NA |
Exp Earnings Date | 11/7/2024 |
Price and Volume Information
Zacks Rank | |
Yesterday's Close | 146.52 |
52 Week High | 154.00 |
52 Week Low | 25.09 |
Beta | 3.37 |
20 Day Moving Average | 4,895,898.50 |
Target Price Consensus | 128.94 |
4 Week | 7.15 |
12 Week | 17.26 |
YTD | 159.16 |
4 Week | 11.57 |
12 Week | 14.55 |
YTD | 142.37 |
Shares Outstanding (millions) | 202.57 |
Market Capitalization (millions) | 27,792.15 |
Short Ratio | NA |
Last Split Date | NA |
Dividend Yield | 0.00% |
Annual Dividend | $0.00 |
Payout Ratio | NA |
Change in Payout Ratio | NA |
Last Dividend Payout / Amount | NA / $0.00 |
Fundamental Ratios
P/E (F1) | 575.66 |
Trailing 12 Months | NA |
PEG Ratio | NA |
vs. Previous Year | 125.45% |
vs. Previous Quarter | 134.15% |
vs. Previous Year | 14.89% |
vs. Previous Quarter | 11.40% |
Price/Book | 241.67 |
Price/Cash Flow | 207.13 |
Price / Sales | 2.38 |
6/30/24 | NA |
3/31/24 | NA |
12/31/23 | NA |
6/30/24 | -0.79 |
3/31/24 | -1.82 |
12/31/23 | -3.19 |
6/30/24 | 3.11 |
3/31/24 | 2.54 |
12/31/23 | 2.16 |
6/30/24 | NA |
3/31/24 | 1.62 |
12/31/23 | 1.41 |
6/30/24 | -0.48 |
3/31/24 | -1.17 |
12/31/23 | -2.26 |
6/30/24 | 6.12 |
3/31/24 | 5.68 |
12/31/23 | 4.18 |
6/30/24 | 5.70 |
3/31/24 | 4.55 |
12/31/23 | 1.62 |
6/30/24 | 0.57 |
3/31/24 | -1.54 |
12/31/23 | -1.92 |
6/30/24 | 8.21 |
3/31/24 | 7.88 |
12/31/23 | 7.21 |
6/30/24 | 47.20 |
3/31/24 | NA |
12/31/23 | NA |
6/30/24 | 97.93 |
3/31/24 | NA |
12/31/23 | NA |