Carvana Co. Expected to Post Q1 2025 Earnings of $0.48 Per Share (NYSE:CVNA)

Carvana Co. (NYSE:CVNA) – Equities researchers at Zacks Research raised their Q1 2025 earnings per share estimates for Carvana in a report released on Tuesday, September 17th. Zacks Research analyst R. Department now forecasts that the company will post earnings per share of $0.48 for the quarter, up from their prior estimate of $0.47. The consensus estimate for Carvana’s current full-year earnings is $0.18 per share. Zacks Research also issued estimates for Carvana’s Q2 2025 earnings at $0.47 EPS and Q3 2025 earnings at $0.42 EPS.

Carvana (NYSE:CVNA) last announced its quarterly earnings data on Wednesday, July 31st. The company reported $0.14 earnings per share for the quarter. The firm had revenue of $3.41 billion during the quarter, compared to analyst estimates of $3.23 billion.

A number of other research analysts also recently commented on the company. Wedbush upgraded Carvana to a “neutral” rating and increased their price objective for the company from $120.00 to $150.00 in a report on Monday, August 19th. Evercore ISI raised their price objective on shares of Carvana from $142.00 to $157.00 and gave the stock an “in-line” rating in a report on Monday. Morgan Stanley increased their target price on shares of Carvana from $75.00 to $110.00 and gave the company an “underweight” rating in a research report on Thursday, August 1st. Stephens assumed coverage on shares of Carvana in a research report on Thursday, September 12th. They issued an “overweight” rating and a $190.00 price target for the company. Finally, Bank of America reaffirmed a “buy” rating and set a $185.00 price objective on shares of Carvana in a report on Tuesday. One investment analyst has rated the stock with a sell rating, ten have given a hold rating and eight have assigned a buy rating to the company’s stock. According to data from MarketBeat, the stock has a consensus rating of “Hold” and a consensus target price of $153.88.

Carvana Stock Up 3.3 %

Carvana stock opened at $161.67 on Thursday. The stock has a market cap of $32.75 billion, a PE ratio of 70.91 and a beta of 3.43. The company has a debt-to-equity ratio of 47.20, a current ratio of 3.11 and a quick ratio of 2.02. The stock’s fifty day moving average is $140.93 and its two-hundred day moving average is $113.71. Carvana has a 1-year low of $25.09 and a 1-year high of $167.75.

Institutional Trading of Carvana

Several large investors have recently bought and sold shares of the company. Ridgewood Investments LLC purchased a new stake in shares of Carvana in the 2nd quarter worth about $32,000. Summit Securities Group LLC raised its position in Carvana by 110.0% during the second quarter. Summit Securities Group LLC now owns 300 shares of the company’s stock worth $39,000 after acquiring an additional 3,300 shares during the last quarter. Fifth Third Bancorp lifted its holdings in shares of Carvana by 450.8% in the second quarter. Fifth Third Bancorp now owns 336 shares of the company’s stock valued at $43,000 after purchasing an additional 275 shares in the last quarter. Benjamin F. Edwards & Company Inc. acquired a new stake in shares of Carvana in the second quarter valued at approximately $51,000. Finally, GAMMA Investing LLC increased its stake in shares of Carvana by 127.9% during the 2nd quarter. GAMMA Investing LLC now owns 458 shares of the company’s stock worth $59,000 after purchasing an additional 257 shares in the last quarter. Institutional investors and hedge funds own 56.71% of the company’s stock.

Insider Transactions at Carvana

In related news, major shareholder Ernest C. Garcia II sold 60,000 shares of the company’s stock in a transaction on Monday, June 24th. The stock was sold at an average price of $115.77, for a total transaction of $6,946,200.00. Following the transaction, the insider now owns 937,500 shares of the company’s stock, valued at $108,534,375. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. In related news, insider Thomas Taira sold 25,000 shares of the company’s stock in a transaction that occurred on Monday, June 24th. The stock was sold at an average price of $120.00, for a total value of $3,000,000.00. Following the sale, the insider now owns 161,397 shares in the company, valued at approximately $19,367,640. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, major shareholder Ernest C. Garcia II sold 60,000 shares of Carvana stock in a transaction on Monday, June 24th. The stock was sold at an average price of $115.77, for a total value of $6,946,200.00. Following the transaction, the insider now directly owns 937,500 shares of the company’s stock, valued at $108,534,375. The disclosure for this sale can be found here. In the last three months, insiders sold 2,421,866 shares of company stock valued at $331,583,884. Corporate insiders own 17.12% 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.