Carvana (CVNA) Exceeds Market Returns: Some Facts to Consider

In the latest trading session, Carvana (CVNA) closed at $351.09, marking a +1.49% move from the previous day. The stock outperformed the S&P 500, which registered a daily gain of 0.61%. Elsewhere, the Dow gained 0.49%, while the tech-heavy Nasdaq added 0.95%. Coming into today, shares of the company had gained 2.19% in the past month. In that same time, the Retail-Wholesale sector gained 0.8%, while the S&P 500 gained 3.85%. The investment community will be paying close attention to the earnings performance of Carvana in its upcoming release. The company is slated to reveal its earnings on July 30, 2025. The company's upcoming EPS is projected at $1.09, signifying a 678.57% increase compared to the same quarter of the previous year. In the meantime, our current consensus estimate forecasts the revenue to be $4.57 billion, indicating a 34% growth compared to the corresponding quarter of the prior year. For the annual period, the Zacks Consensus Estimates anticipate earnings of $4.99 per share and a revenue of $18.08 billion, signifying shifts of +213.84% and +32.23%, respectively, from the last year. It's also important for investors to be aware of any recent modifications to analyst estimates for Carvana. These revisions help to show the ever-changing nature of near-term business trends. As such, positive estimate revisions reflect analyst optimism about the business and profitability. Our research reveals that these estimate alterations are directly linked with the stock price performance in the near future. To benefit from this, we have developed the Zacks Rank, a proprietary model which takes these estimate changes into account and provides an actionable rating system. The Zacks Rank system, stretching from #1 (Strong Buy) to #5 (Strong Sell), has a noteworthy track record of outperforming, validated by third-party audits, with stocks rated #1 producing an average annual return of +25% since the year 1988. Over the past month, there's been a 1.66% rise in the Zacks Consensus EPS estimate. Carvana presently features a Zacks Rank of #2 (Buy). With respect to valuation, Carvana is currently being traded at a Forward P/E ratio of 69.3. This denotes a premium relative to the industry average Forward P/E of 24.79. Also, we should mention that CVNA has a PEG ratio of 1.35. The PEG ratio bears resemblance to the frequently used P/E ratio, but this parameter also includes the company's expected earnings growth trajectory. Internet - Commerce stocks are, on average, holding a PEG ratio of 1.41 based on yesterday's closing prices. The Internet - Commerce industry is part of the Retail-Wholesale sector. Currently, this industry holds a Zacks Industry Rank of 59, positioning it in the top 24% of all 250+ industries. The Zacks Industry Rank gauges the strength of our industry groups by measuring the average Zacks Rank of the individual stocks within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1. Be sure to use Zacks.com to monitor all these stock-influencing metrics, and more, throughout the forthcoming trading sessions. 5 Stocks Set to DoubleEach was handpicked by a Zacks expert as the #1 favorite stock to gain +100% or more in the coming year. While not all picks can be winners, previous recommendations have soared +112%, +171%, +209% and +232%.Most of the stocks in this report are flying under Wall Street radar, which provides a great opportunity to get in on the ground floor.Today, See These 5 Potential Home Runs >>Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Carvana Co. (CVNA): Free Stock Analysis ReportThis article originally published on Zacks Investment Research (zacks.com).Zacks Investment ResearchWeiter zum vollständigen Artikel bei Zacks Weiter zum vollständigen Artikel bei Zacks