William Blair Forecasts Carvana’s Q1 Earnings (NYSE:CVNA)

Carvana Co. (NYSE:CVNA) – William Blair upped their Q1 2025 earnings per share estimates for shares of Carvana in a report issued on Tuesday, March 25th. William Blair analyst S. Zackfia now anticipates that the company will earn $0.74 per share for the quarter, up from their prior forecast of $0.69. William Blair has a “Outperform” rating on the stock. The consensus estimate for Carvana’s current full-year earnings is $2.85 per share. William Blair also issued estimates for Carvana’s Q2 2025 earnings at $0.99 EPS, Q3 2025 earnings at $1.00 EPS, Q4 2025 earnings at $0.91 EPS, FY2025 earnings at $3.64 EPS and FY2026 earnings at $5.34 EPS.

Other equities analysts have also issued research reports about the company. Robert W. Baird raised their price objective on Carvana from $200.00 to $250.00 and gave the company a “neutral” rating in a research report on Thursday, February 20th. Wedbush set a $250.00 price target on shares of Carvana and gave the company a “neutral” rating in a research report on Wednesday, February 19th. JMP Securities restated a “market outperform” rating and issued a $320.00 price objective on shares of Carvana in a report on Monday, December 16th. Piper Sandler upgraded shares of Carvana from a “neutral” rating to an “overweight” rating and set a $225.00 target price for the company in a report on Thursday, March 20th. Finally, Evercore ISI cut their price target on Carvana from $250.00 to $240.00 and set an “in-line” rating on the stock in a research note on Tuesday, March 11th. Six investment analysts have rated the stock with a hold rating and twelve have assigned a buy rating to the company. According to MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $263.88.

Carvana Trading Down 7.5 %

NYSE:CVNA opened at $205.12 on Thursday. Carvana has a 12 month low of $67.61 and a 12 month high of $292.84. The company has a current ratio of 3.64, a quick ratio of 2.12 and a debt-to-equity ratio of 3.82. The company has a 50-day moving average price of $228.32 and a 200-day moving average price of $216.50. The stock has a market cap of $43.72 billion, a price-to-earnings ratio of 130.65 and a beta of 3.56.

Carvana (NYSE:CVNA) last announced its quarterly earnings results on Wednesday, February 19th. The company reported $0.56 earnings per share for the quarter, beating the consensus estimate of $0.29 by $0.27. Carvana had a net margin of 1.54% and a return on equity of 36.59%. The business had revenue of $3.55 billion during the quarter, compared to analysts’ expectations of $3.32 billion.

Insider Activity

In other news, insider Paul W. Breaux sold 1,362 shares of the company’s stock in a transaction on Monday, February 10th. The stock was sold at an average price of $270.08, for a total value of $367,848.96. Following the completion of the sale, the insider now directly owns 153,240 shares in the company, valued at $41,387,059.20. This represents a 0.88 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at this link. Also, insider Thomas Taira sold 27,593 shares of Carvana stock in a transaction on Tuesday, March 25th. The shares were sold at an average price of $225.03, for a total value of $6,209,252.79. Following the transaction, the insider now owns 179,673 shares in the company, valued at $40,431,815.19. This trade represents a 13.31 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 197,377 shares of company stock valued at $44,251,096 in the last ninety days. 17.12% of the stock is currently owned by company insiders.

Institutional Inflows and Outflows

A number of large investors have recently made changes to their positions in the stock. Cerity Partners LLC lifted its holdings in Carvana by 112.8% during the third quarter. Cerity Partners LLC now owns 4,215 shares of the company’s stock valued at $734,000 after purchasing an additional 2,234 shares in the last quarter. Larson Financial Group LLC purchased a new position in shares of Carvana during the 3rd quarter valued at $217,000. Daiwa Securities Group Inc. bought a new position in Carvana in the 3rd quarter worth $244,000. Harvest Fund Management Co. Ltd increased its stake in Carvana by 97.5% in the 3rd quarter. Harvest Fund Management Co. Ltd now owns 1,489 shares of the company’s stock worth $259,000 after buying an additional 735 shares in the last quarter. Finally, Bank of Montreal Can raised its holdings in Carvana by 17.7% during the third quarter. Bank of Montreal Can now owns 239,336 shares of the company’s stock valued at $40,634,000 after acquiring an additional 35,922 shares during the period. 56.71% of the stock is owned by hedge funds and other institutional investors.

Carvana Company Profile

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.