Your email has been successfully added to our mailing list.

×
0 -0.00127928192437559 -0.00069207054925244 -0.00071304238407825 -0.00895497347062903 -0.0101711301721787 0.00924857915819048 0.0111408678145251
Stock impact report

Barclays Highlights Carvana (CVNA) Momentum in Used Vehicle Market Despite Sluggish New Sales [Yahoo! Finance]

Carvana Co. Class A (CVNA) 
Last carvana co. class a earnings: 2/26 04:05 pm Check Earnings Report
US:NYSE Investor Relations: investors.carvana.com
Company Research Source: Yahoo! Finance
price target on Carvana to $530 from $465 and kept an Overweight rating. As part of its Q4 outlook, the firm updated its targets for the auto retail sector, generally lowering estimates due to sluggish new vehicle sales. Despite these pressures on unit volume, recent industry checks point to strong continued momentum in the used vehicle market. Earlier on January 15, BTIG increased its price target for Carvana Co. (NYSE:CVNA) to $535 from $450, while maintaining a Buy rating. This update follows a survey of nearly 2,000 consumers regarding their attitudes toward purchasing used vehicles entirely online and their specific views on Carvana. The firm highlighted that the findings were overwhelmingly positive across all primary metrics. At an industry-wide level, the data showed that consumer openness to fully online car purchases grew 1.5x between June and December. BTIG estimates this shift alone expands Carvana's serviceable market by 3.5 million to 4 million units. Carvana Co. ( Show less Read more
Impact Snapshot
Event Time:
CVNA
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison Updated
Event Day
Stock performance from the time of news release until the following 4pm ET market close
Last price at news event
Since Event
Multi-day stock performance from the time of the news release
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
LAST
PRICE AT
NEWS EVENT
SINCE EVENT
Multi-day stock performance from the time of the news release
Last Price
VWAP
High:
Max Up
High:
Low:
Max Down
Low:
%
Post news range
%
Price change

Price Change Percentage


S&P 500
(SPX)

%

Volume ratio
%

Volume
Ticks

Avg transaction size

Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Opt-in for CVNA alerts
Opt-in for
CVNA alerts

from News Quantified
Opt-in for
CVNA alerts

from News Quantified