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Carvana (CVNA) Registers a Bigger Fall Than the Market: Important Facts to Note
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In the latest trading session, Carvana (CVNA - Free Report) closed at $66.36, marking a -1.67% move from the previous day. The stock fell short of the S&P 500, which registered a loss of 0.28% for the day. On the other hand, the Dow registered a loss of 1.09%, and the technology-centric Nasdaq increased by 0.2%.
Shares of the company have depreciated by 3.05% over the course of the past month, underperforming the Retail-Wholesale sector's gain of 0.18%, and the S&P 500's gain of 1.64%.
Market participants will be closely following the financial results of Carvana in its upcoming release. The company plans to announce its earnings on July 29, 2026. In that report, analysts expect Carvana to post earnings of $0.42 per share. This would mark year-over-year growth of 61.54%. Meanwhile, the latest consensus estimate predicts the revenue to be $6.9 billion, indicating a 42.6% increase compared to the same quarter of the previous year.
For the full year, the Zacks Consensus Estimates project earnings of $1.58 per share and a revenue of $28.14 billion, demonstrating changes of -6.51% and +38.46%, respectively, from the preceding year.
Additionally, investors should keep an eye on any recent revisions to analyst forecasts for Carvana. These recent revisions tend to reflect the evolving nature of short-term business trends. With this in mind, we can consider positive estimate revisions a sign of optimism about the business outlook.
Our research suggests that these changes in estimates have a direct relationship with upcoming stock price performance. To capitalize on this, we've crafted the Zacks Rank, a unique model that incorporates these estimate changes and offers a practical rating system.
The Zacks Rank system, ranging from #1 (Strong Buy) to #5 (Strong Sell), possesses a remarkable history of outdoing, externally audited, with #1 stocks returning an average annual gain of +25% since 1988. Over the last 30 days, the Zacks Consensus EPS estimate has remained unchanged. Carvana currently has a Zacks Rank of #2 (Buy).
In terms of valuation, Carvana is presently being traded at a Forward P/E ratio of 42.72. This denotes a premium relative to the industry average Forward P/E of 17.43.
Also, we should mention that CVNA has a PEG ratio of 11.39. This metric is used similarly to the famous P/E ratio, but the PEG ratio also takes into account the stock's expected earnings growth rate. By the end of yesterday's trading, the Internet - Commerce industry had an average PEG ratio of 1.09.
The Internet - Commerce industry is part of the Retail-Wholesale sector. This group has a Zacks Industry Rank of 181, putting it in the bottom 27% of all 250+ industries.
The Zacks Industry Rank assesses the vigor of our specific industry groups by computing the average Zacks Rank of the individual stocks incorporated in the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Keep in mind to rely on Zacks.com to watch all these stock-impacting metrics, and more, in the succeeding trading sessions.
View the Zacks #1 Rank List
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Carvana (CVNA) Registers a Bigger Fall Than the Market: Important Facts to Note
In the latest trading session, Carvana (CVNA - Free Report) closed at $66.36, marking a -1.67% move from the previous day. The stock fell short of the S&P 500, which registered a loss of 0.28% for the day. On the other hand, the Dow registered a loss of 1.09%, and the technology-centric Nasdaq increased by 0.2%.
Shares of the company have depreciated by 3.05% over the course of the past month, underperforming the Retail-Wholesale sector's gain of 0.18%, and the S&P 500's gain of 1.64%.
Market participants will be closely following the financial results of Carvana in its upcoming release. The company plans to announce its earnings on July 29, 2026. In that report, analysts expect Carvana to post earnings of $0.42 per share. This would mark year-over-year growth of 61.54%. Meanwhile, the latest consensus estimate predicts the revenue to be $6.9 billion, indicating a 42.6% increase compared to the same quarter of the previous year.
For the full year, the Zacks Consensus Estimates project earnings of $1.58 per share and a revenue of $28.14 billion, demonstrating changes of -6.51% and +38.46%, respectively, from the preceding year.
Additionally, investors should keep an eye on any recent revisions to analyst forecasts for Carvana. These recent revisions tend to reflect the evolving nature of short-term business trends. With this in mind, we can consider positive estimate revisions a sign of optimism about the business outlook.
Our research suggests that these changes in estimates have a direct relationship with upcoming stock price performance. To capitalize on this, we've crafted the Zacks Rank, a unique model that incorporates these estimate changes and offers a practical rating system.
The Zacks Rank system, ranging from #1 (Strong Buy) to #5 (Strong Sell), possesses a remarkable history of outdoing, externally audited, with #1 stocks returning an average annual gain of +25% since 1988. Over the last 30 days, the Zacks Consensus EPS estimate has remained unchanged. Carvana currently has a Zacks Rank of #2 (Buy).
In terms of valuation, Carvana is presently being traded at a Forward P/E ratio of 42.72. This denotes a premium relative to the industry average Forward P/E of 17.43.
Also, we should mention that CVNA has a PEG ratio of 11.39. This metric is used similarly to the famous P/E ratio, but the PEG ratio also takes into account the stock's expected earnings growth rate. By the end of yesterday's trading, the Internet - Commerce industry had an average PEG ratio of 1.09.
The Internet - Commerce industry is part of the Retail-Wholesale sector. This group has a Zacks Industry Rank of 181, putting it in the bottom 27% of all 250+ industries.
The Zacks Industry Rank assesses the vigor of our specific industry groups by computing the average Zacks Rank of the individual stocks incorporated in the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Keep in mind to rely on Zacks.com to watch all these stock-impacting metrics, and more, in the succeeding trading sessions.