Carvana（纽约证券交易所代码：CVNA）的股价缺口高达7.93美元

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2023.03.2416:52

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Carvana Co. (NYSE:CVNA – Get Rating) gapped up before the market opened on Wednesday . The stock had previously closed at $7.93, but opened at $10.15. Carvana shares last traded at $9.24, with a volume of 10,376,328 shares traded.

Analyst Ratings Changes

Several research firms recently issued reports on CVNA. Evercore ISI increased their price target on shares of Carvana from $9.00 to $10.00 in a research report on Thursday. Piper Sandler cut their target price on shares of Carvana from $45.00 to $21.00 and set an "overweight" rating on the stock in a research report on Thursday, February 16th. Needham & Company LLC lowered shares of Carvana from a "buy" rating to a "hold" rating in a research report on Friday, December 9th. Truist Financial lowered shares of Carvana from a "buy" rating to a "hold" rating in a research report on Wednesday, December 21st. Finally, DA Davidson raised their target price on shares of Carvana from $5.00 to $7.00 in a research report on Tuesday, February 21st. Two investment analysts have rated the stock with a sell rating, twenty have assigned a hold rating and two have issued a buy rating to the stock. According to MarketBeat.com, the stock presently has a consensus rating of "Hold" and a consensus price target of $36.05.

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Carvana Price Performance

The business's 50 day moving average is $9.30 and its two-hundred day moving average is $12.58. The firm has a market cap of $1.58 billion, a P/E ratio of -0.54 and a beta of 2.80. The company has a quick ratio of 1.05, a current ratio of 1.77 and a debt-to-equity ratio of 17.69.

Carvana (NYSE:CVNA – Get Rating) last announced its earnings results on Thursday, February 23rd. The company reported ($0.97) earnings per share for the quarter, topping analysts' consensus estimates of ($2.30) by $1.33. Carvana had a negative net margin of 11.67% and a negative return on equity of 1,491.81%. The business had revenue of $2.84 billion during the quarter, compared to the consensus estimate of $3.02 billion. As a group, analysts anticipate that Carvana Co. will post -7.29 earnings per share for the current year.

Hedge Funds Weigh In On Carvana

A number of hedge funds have recently bought and sold shares of the company. Geneos Wealth Management Inc. raised its stake in Carvana by 17.0% during the first quarter. Geneos Wealth Management Inc. now owns 1,929 shares of the company's stock worth $230,000 after buying an additional 280 shares during the last quarter. Mackenzie Financial Corp increased its stake in Carvana by 21.4% in the first quarter. Mackenzie Financial Corp now owns 2,428 shares of the company's stock valued at $290,000 after purchasing an additional 428 shares in the last quarter. 1832 Asset Management L.P. bought a new stake in Carvana in the first quarter valued at $59,000. CWM LLC increased its stake in Carvana by 150.6% in the third quarter. CWM LLC now owns 1,531 shares of the company's stock valued at $31,000 after purchasing an additional 920 shares in the last quarter. Finally, Arizona State Retirement System increased its stake in Carvana by 3.9% in the fourth quarter. Arizona State Retirement System now owns 25,376 shares of the company's stock valued at $120,000 after purchasing an additional 951 shares in the last quarter. Institutional investors own 63.62% of the company's stock.

About Carvana

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Carvana Co is a holding company and an eCommerce platform, which engages in the buying and selling of used cars. The company was founded by Ernest Garcia, III, Benjamin Huston and Ryan Keeton in 2012 and is headquartered in Tempe, AZ.