CVNA - Carvana Co.

NYSE - NYSE Delayed Price. Currency in USD
65.97
+2.33 (+3.66%)
At close: 4:02PM EDT

65.97 0.00 (0.00%)
After hours: 4:27PM EDT

Stock chart is not supported by your current browser
Previous Close63.64
Open64.74
Bid65.95 x 1000
Ask68.07 x 1800
Day's Range64.74 - 69.25
52 Week Range28.44 - 76.85
Volume1,923,647
Avg. Volume1,440,734
Market Cap10.408B
Beta (3Y Monthly)2.65
PE Ratio (TTM)N/A
EPS (TTM)-2.41
Earnings DateN/A
Forward Dividend & YieldN/A (N/A)
Ex-Dividend DateN/A
1y Target Est70.36
Trade prices are not sourced from all markets
  • GuruFocus.com6 days ago

    Carvana: Game-Changer or Expensive Mistake?

    The used car dealer is one of the most shorted stocks on the exchange

  • Moody's6 days ago

    Carvana Auto Receivables Trust 2019-2 -- Moody's assigns Provisional ratings to Carvana Auto Receivables Trust 2019-2 Notes

    Moody's Investors Service ("Moody's") has assigned provisional ratings to the notes to be issued by Carvana Auto Receivables Trust 2019-2 (CRVNA 2019-2). This is the second 144A auto loan transaction for Carvana, LLC (Carvana), an indirect wholly owned subsidiary of Carvana Co. (B3 stable). The notes will be backed by a pool of retail automobile loan contracts originated by Carvana, who is also the administrator of the transaction.

  • Carvana Grows in South Carolina, Bringing the New Way to Buy a Car to Spartanburg and Florence
    Business Wire7 days ago

    Carvana Grows in South Carolina, Bringing the New Way to Buy a Car to Spartanburg and Florence

    Carvana (CVNA), a leading e-commerce platform for buying and selling used cars, grew its South Carolina presence today, offering as-soon-as-next-day vehicle delivery to Florence and Spartanburg. Customers can also sell their current vehicle to Carvana and receive a real offer in just minutes, then schedule as-soon-as-next-day pickup of that vehicle. Today’s launch marks the seventh market for Carvana in the Palmetto State.

  • Hedge Funds Have Never Been This Bullish On Carvana Co. (CVNA)
    Insider Monkey8 days ago

    Hedge Funds Have Never Been This Bullish On Carvana Co. (CVNA)

    With the first-quarter round of 13F filings behind us it is time to take a look at the stocks in which some of the best money managers in the world preferred to invest or sell heading into the first quarter. One of these stocks was Carvana Co. (NYSE:CVNA). Is Carvana Co. (NYSE:CVNA) a good investment […]

  • The 7 Best Long-Term Stocks to Buy for 2019 and Beyond
    InvestorPlace9 days ago

    The 7 Best Long-Term Stocks to Buy for 2019 and Beyond

    [Editor's note: This story was previously published in April 2019\. It has been updated and republished.]If you're looking for consistent market success, the best thing you can do is to expand your time horizon. Chasing flavors of the week could profit you in the immediate frame, but too often, an unexpected event can derail your position. However, by picking ideas from the best long-term stocks, you improve your odds significantly.Primarily, a financially sound company's trading dynamics will replicate the law of averages. Nearer-term pressures and unfavorable news events can negatively impact the organization, but in the longer run, the fundamentals take over. In other words, time evens out the volatility. That's not the case for swing trades, where outliers can have a disproportionate effect.InvestorPlace - Stock Market News, Stock Advice & Trading TipsMoreover, genuine long-term stocks to buy usually have bullish arguments that extend beyond technical factors. A proven track record is a typically common attribute, as are other tailwinds, such as strong financial performances, or a robust, underlying industry.To better maximize these "patient" investments, investors should focus not just on corporate-growth prospects, but sector growth as well. In many cases, a rising tide lifts all boats, irrespective of individual performance. * 7 Stocks to Buy As They Hit 52-Week Lows To that end, I present my top seven stocks to buy for the long haul: Long-Term Stocks to Buy: Wayfair (W)Some trends are significant but difficult to quantify. Others are patently obvious. A prime example is shifting consumer behavior toward e-commerce outlets. Put simply, online sales represent an increasing share of total retail sales. This undeniable fact has always led me to recommend a longer-term position in Amazon (NASDAQ:AMZN).I'm not backing away from that opinion. Amazon attracts all customers, but notably those in the middle-income bracket. It's also pushing into extremely lucrative markets like smart speakers. Its role in the economies of tomorrow is assured. But I don't want to keep talking about the same company again . That's why I'm putting Wayfair (NYSE:W) front and center on my long-term stocks to buy list.Wayfair is an online retailer specializing in home goods such as furniture and decorative products. And business has been good, with W generating nearly 45% direct-retail sales growth last year.The tremendous momentum has sparked a rapid rise in W stock. Since June 1, 2017, Wayfair stock has roughly doubled.The problem? Its net income is negative. Coincidentally, that's always been Amazon's issue until a few years ago. So long as shareholders continue to see top-line growth, they appear willing to overlook the bottom line.Over time, Wayfair could end up becoming a smaller version of Amazon, which isn't a bad gig. Long-Term Stocks to Buy: FedEx (FDX)Being as diplomatic as possible, the Trump administration has been a mixed blessing for the economy. On one hand, Trump has reinvigorated domestic industries, with calls about putting American interests first. But on the other hand, he hasn't produced a great image abroad in the non-Russian part of the world.A sharp consequence of Trump's foreign policy is the ongoing tariff wars with China. With the Asian economic giant being an exporting power, international couriers like FedEx (NYSE:FDX) felt the heat. As an example, FedEx delivered great results for its fourth-quarter fiscal 2018 earnings report. Unfortunately, investors panicked on FDX stock due to shipment-slowdown fears.That's a shame because I strongly view FedEx as one of the best long-term stocks to buy. Outside of the tariff issue, the courier, along with rival United Parcel Service (NYSE:UPS), benefits from the aforementioned e-commerce trend. Consumers are no longer shopping in brick-and-mortar stores in the same volume like prior generations. The positive tailwind for both couriers is readily apparent. * 7 Stocks to Buy As They Hit 52-Week Lows Critics may counter that Amazon is experimenting on their own delivery service. I've said it before, and I'll say it again: the impact is likely overstated. The economies of scale involved in trying to take down a FedEx or UPS is enormous. Besides, the e-commerce sector will balloon to a size big enough for all current competitors. Long-Term Stocks to Buy: Welltower (WELL)You hardly think about this when you're younger. But as the earth continues to revolve around the sun, you get closer to the inevitability of old age. After enough complete revolutions, you're at a point where you may no longer physically take care of yourself.Handling the challenges in senior-living solutions is Welltower (NYSE:WELL). Welltower is a real-estate investment trust that focuses largely on senior-housing and assisted-living facilities. The company also specializes in memory-care communities, post-acute care facilities and medical-office properties.The need for Welltower's primary business is obvious. Currently, Baby Boomers represent the largest living generation in the U.S. A significant number of this demographic are already retirement age, and soon, the majority will enter their golden years. That substantially boosts prospects for WELL stock, especially if you have a long-term strategy.Moreover, I believe Welltower's structure as a REIT is an advantage in this sector. Direct plays like Brookdale Senior Living (NYSE:BKD) appear enticing at first. However, look deeper at the financials, and you'll likely discover a flawed opportunity. Welltower better absorbs sector risk by spreading it across multiple properties. Long-Term Stocks to Buy: Rosetta Stone (RST)I dare say that most Americans take for granted that English is the uncontested international language. Everything that we consume has an English translation. Whenever we go to a foreign country, we can expect at least someone to speak some English.We really don't think twice about this dynamic because of historical imperialism. Western values and culture are exported everywhere thanks to ubiquitous brands like Coca-Cola (NYSE:KO) and McDonald's (NYSE:MCD). But how long is this dynamic going to last? Even in our own nation, we're experiencing profound demographic shifts.Internationally, these changes are even more dramatic. Already, Chinese is the most spoken language in the world. Considering that China's population is roughly 1.4 billion, this fact will become further solidified.Here's the bottom line: Whether English remains the international standard, America cannot survive as a monoglot nation. That's where Rosetta Stone (NYSE:RST) comes in. As makers of language-education software, RST provides a critical solution to a growing need.RST has proven its worth in the markets, having jumped 50% so far in 2019. Still, it will require some patience moving forward. The company has had some poor sales and earnings performances in the era of Google Translate. * 7 Stocks to Buy As They Hit 52-Week Lows However, learning languages isn't about merely translating words, but the meaning behind the words. Foreign language is a vital art that computers can't yet properly duplicate. If Rosetta Stone can sell that message, RST has the chance to consistently surprise. Long-Term Stocks to Buy: Carvana (CVNA)The previous time I covered online car dealer Carvana (NYSE:CVNA) was as part of a gallery featuring up-and-coming publicly traded organizations. I also mentioned that I was in the market for a new ride. I'm still searching, which has led me to some additional thoughts about CVNA stock.First, car buying is a real pain in the behind. I spend endless hours looking for the right vehicle. If I find a few that meet my interests, I then have to physically go to the dealership. I haven't gotten around to this step because a) I'm lazy and b) I know I'm in for bitter negotiations.That, of course, is just my personal feelings on the matter … but I'm not the only one who feels this way. According to Time.com contributor Ian Salisbury:"It's long been a rite of passage -- if one that's universally bemoaned -- sitting at a car dealer's cluttered desk, dickering over the price of a new vehicle.But millennials -- used to purchasing everything from music to groceries to hotel stays online -- are starting to change that as a number of major care markers strike deals to sell cars at fixed list prices, according to a report in the Washington Post."This year, more millennials will be in America than members of any other generation. If millennials buy cars, they will increasingly choose the online route. Sorry, shady used-car dealers, but CVNA is about to eat your lunch. Long-Term Stocks to Buy: 51job (JOBS)Rooster's Lindsey Kline reported that millennials are giving corporate America the bird. But why do Kline and her fellow millenials feel so strongly about corporate employment? In her words, she prefers companies cut the BS, and instead provide "office kegs, pool tables, and air hockey." If today's employers can't get with the program, young workers will simply leave.Kline justifies this prideful attitude in that "Millennials are the most educated generation in history. We grew up in the midst of a digital era, and consequently, we're the only generation that doesn't have to adapt to new technologies."Some of you might find this thinking process arrogant, and I would agree. However, don't fight the tape: This is how the working environment operates today. And this points to the reason why I'm long-term bullish on ShiftPixy (NASDAQ:PIXY), especially if the price is right. * 7 Stocks to Buy As They Hit 52-Week Lows However, this trend isn't exclusively an American one, which is why I'm putting 51job (NASDAQ:JOBS) on my long-term stocks to buy list. 51job is a next-generation employment recruiter and human-resources solutions provider for the young and tech-savvy. Better yet, it's a Chinese company that levers the advantages of a labor force that is over twice the size of the total U.S. population! That's a figure you simply can't ignore. Long-Term Stocks to Buy: Albemarle (ALB)A few years ago, Goldman Sachs boldly stated that lithium is the new gasoline. Most insiders, though, would probably say that the vaunted financial firm is merely profiting from the obvious. Companies like Tesla (NASDAQ:TSLA) have long proven that lithium is indeed the next-gen fuel source.But try telling that to the markets. Tesla stock is down nearly 36% over the past year, and the lone lithium-based exchange-traded fund, Global X Lithium ETF (NYSEARCA:LIT), is down sharply this past year. Fortunately, so too is domestic-lithium specialist Albemarle (NYSE:ALB).So what's causing this prolonged downfall? While lithium demand is higher, so too is supply. Indeed, as the lithium price soared, more producers wanted in on the action. As a result, Argentina, Australia and Chile have ramped up production to the point where supply greatly exceeds demand. From Economics 101, you know where that situation leads.But like any commodity, the ebb-and-flow is difficult to predict. Sure, oversupply exists today. Tomorrow, that situation can change on a dime. Given that the broader technology industry points toward increased lithium usage, not less, my money is on ALB rising. Consider this lull in Albemarle shares as a discounted opportunity on one of the best long-term stocks to buy.As of this writing, Josh Enomoto did not hold a position in any of the aforementioned securities. More From InvestorPlace * 4 Top American Penny Pot Stocks (Buy Before June 21) * 7 S&P 500 Dividend Stocks to Buy at Least Yielding 3% * 7 Stocks to Buy That Don't Care About Tariffs * 5 Healthcare Stocks to Pick Up From the Wreckage Compare Brokers The post The 7 Best Long-Term Stocks to Buy for 2019 and Beyond appeared first on InvestorPlace.

  • Tech Investor Chase Coleman Drives Away With Carvana
    GuruFocus.com14 days ago

    Tech Investor Chase Coleman Drives Away With Carvana

    Chase Coleman (Trades, Portfolio), leader of Tiger Global Management and former "tiger cub" of Tiger Management's Julian Robertson (Trades, Portfolio), disclosed on Tuesday he expanded his stake in Carvana Co. (CVNA) by 30.77%. Warning! GuruFocus has detected 7 Warning Signs with CVNA.

  • Carvana Expands Central Florida Presence
    Business Wire14 days ago

    Carvana Expands Central Florida Presence

    In as little as 10 minutes, from the comfort of home or on the go via their mobile device, area residents can shop more than 15,000 vehicles on Carvana.com, finance, purchase, sell or trade their current vehicle to Carvana and schedule as soon-as-next-day vehicle delivery. All 15,000+ vehicles in Carvana’s national inventory are photographed in 360 degrees, so customers get a high-definition virtual tour of every vehicle. Additionally, every Carvana vehicle is Carvana Certified, meaning it has undergone a rigorous 150-point inspection, has no frame damage and has never been in a reported accident.

  • The Bear Case Against Carvana
    Motley Fool18 days ago

    The Bear Case Against Carvana

    The improved car-buying experience it offers doesn't make this online-focused used car dealer a good investment.

  • Carvana making big customer service hiring push
    American City Business Journals18 days ago

    Carvana making big customer service hiring push

    Carvana, the Tempe-based online used vehicle retailer, is seeking to hire at least 100 customer advocates in the next six weeks as the company experiences rapid growth. In the first three months of 2019, Carvana expanded to 24 new markets for a total of 109 as of March 31. While Carvana (NYSE: CVNA) is pretty much always hiring, the company has a big push on to hire employees to interact with customers via phone, email or online chat, said Adrienne Sanford, Carvana’s senior director of people operations.

  • Moody's19 days ago

    Carvana Co. -- Moody's announces completion of a periodic review of ratings of Carvana Co.

    Announcement of Periodic Review: Moody's announces completion of a periodic review of ratings of Carvana Co. New York, May 31, 2019 -- Moody's Investors Service ("Moody's") has completed a periodic review of the ratings of Carvana Co. and other ratings that are associated with the same analytical unit. The review was conducted through a portfolio review in which Moody's reassessed the appropriateness of the ratings in the context of the relevant principal methodology(ies), recent developments, and a comparison of the financial and operating profile to similarly rated peers.

  • Benzinga21 days ago

    Wells Fargo On Carvana: Cash Infusion Adds Growth Optionality

    With a combination of debt and equity, Wells Fargo says Carvana Co (NYSE: CVNA ) has plans to inject capital of more than $500 million, which significantly improves its financial flexibility. The Analyst ...

  • Business Wire21 days ago

    Carvana to Present at Upcoming Investor Conferences

    Carvana Co. , a leading e-commerce platform for buying and selling used cars, today announced that senior management will present to the investment community and host m

  • Tiger Global Management’s Latest Moves
    Insider Monkey22 days ago

    Tiger Global Management’s Latest Moves

    Tiger Global Management is an NYC-based hedge fund that was co-founded back in 2001 by Chase Coleman III with the financial help from legendary investor Julian Robertson. The amount of seed money from Roberston was of $25 million. Over the year, the fund grew big and its AUM rose to $19.24 billion at the beginning […]

  • GuruFocus.com27 days ago

    Chase Coleman Buys 6 Tech Stocks in 1st Quarter

    Tech investor also boosts Facebook and Netflix

  • Carvana seeks big capital raise with stock, senior note offerings
    American City Business Journals28 days ago

    Carvana seeks big capital raise with stock, senior note offerings

    Carvana plans to use the proceeds from the new notes offering and the public stock offering for general corporate purposes.

  • Business Wire28 days ago

    Carvana Co. Announces Pricing of Senior Notes Offering

    Carvana Co. ("Carvana") (NYSE: CVNA), a leading e-commerce platform for buying and selling used cars, today announced that it has priced the private placement of an additional $250.0 million aggregate principal amount of its 8.875% senior notes due 2023 (the “new notes”). The new notes will be issued as additional notes under the indenture governing the outstanding $350.0 million of senior notes that were issued on September 21, 2018. Carvana anticipates that the closing of the offering of the new notes will take place on or about May 24, 2019, subject to customary closing conditions.

  • Business Wire28 days ago

    Carvana Co. Announces Upsize and Pricing of its Offering of Class A Common Stock

    Carvana Co. ("Carvana") (NYSE: CVNA), a leading e-commerce platform for buying and selling used cars, today announced the upsize and pricing of its public offering of 4,200,000 shares of its Class A common stock at a price to the public of $65.00 per share. In addition, Carvana has granted the underwriters the right to purchase up to 630,000 additional shares of Class A common stock at the offering price. The offering was upsized from the previously announced offering size of 3,500,000 shares of Class A common stock.

  • Moody's29 days ago

    Carvana Co. -- Moody's affirms Carvana's B3 CFR and Caa2 senior unsecured rating

    Carvana is currently in the process of issuing a $250 million add-on to its existing senior unsecured notes. Moody's also affirmed Carvana's Speculative Grade Liquidity rating of SGL-4. "Carvana is progressing with its growth plans, and results are generally in-line with our expectations," stated Moody's Vice President Charlie O'Shea.

  • MarketWatchlast month

    Carvana launches debt, equity offer

    Carvana Co. said late Monday it launched an offering of shares and debt for general corporate purposes. The used-car buying online company is looking to sell 3.5 million shares plus rights for the underwriters to buy additional shares. Wells Fargo Securities and Citigroup are among the underwriters. Carvana is also offering $250 million of additional 8.875% senior notes due 2023 in a private offering, the company said. Shares of Carvana fell more than 4% in the extended session after ending the regular session down 1.4%.

  • Business Wirelast month

    Carvana Co. Announces $250.0 Million Private Offering of Senior Notes

    Carvana Co. (NYSE: CVNA), a leading e-commerce platform for buying and selling used cars, today announced it is planning to offer, subject to market conditions and other factors, $250.0 million of additional 8.875% senior notes due 2023 (the “new notes”) in a private offering. The new notes will be issued as additional notes under the indenture governing the outstanding $350.0 million in aggregate principal amount of Carvana’s 8.875% senior notes due 2023 that were issued on September 21, 2018 (the “existing notes”). Concurrently with the offering of new notes, Carvana intends to offer 3,500,000 shares of Carvana's Class A common stock in an underwritten public offering, subject to market conditions.

  • Business Wirelast month

    Carvana Co. Announces Offering of Class A Common Stock

    Carvana Co. (CVNA), a leading e-commerce platform for buying and selling used cars, today announced that it has commenced a public offering of its Class A common stock. Carvana is proposing to sell 3,500,000 shares of Class A common stock and expects to grant the underwriters the right to purchase up to 525,000 additional shares of Class A common stock. Wells Fargo Securities, Citigroup and Deutsche Bank Securities will act as book-running managers for the proposed offering.

  • 3 Stocks That Have Doubled in 2019 -- Are They Still Buys?
    Motley Foollast month

    3 Stocks That Have Doubled in 2019 -- Are They Still Buys?

    Roku, Guardant Health, and Carvana have all soared to start the year. Should the buyer beware or let the good times roll?

  • The Top 5 Buys of Jeremy Grantham's GMO in the 1st Quarter
    GuruFocus.comlast month

    The Top 5 Buys of Jeremy Grantham's GMO in the 1st Quarter

    Investment firm Grantham, Mayo, Van Otterloo & Co., which was co-founded by renowned investor Jeremy Grantham (Trades, Portfolio) in 1977, released its first-quarter portfolio earlier this week, listing 251 new positions. Warning! GuruFocus has detected 7 Warning Signs with CVNA.

  • TheStreet.comlast month

    A Large Outside Week and Lower Close Could Spell Further Weakness for Carvana

    In this daily bar chart of CVNA, below, we can see that prices of CVNA more than doubled from February to May on a pattern of declining volume. The daily On-Balance-Volume (OBV) has rolled over the past six weeks. In this weekly bar chart of CVNA, below, we want you to look closely to the three most recent "bars" on the chart.

  • GuruFocus.comlast month

    Selkirk Management LLC Buys Carvana Co, The Stars Group Inc

    Chatham, NJ, based Investment company Selkirk Management LLC buys Carvana Co, The Stars Group Inc during the 3-months ended 2019Q1, according to the most recent filings of the investment company, Selkirk ...