Buy Carvana
Amount
Latest price
$367.32
(£1.00 = $1.328)
Number of shares (est.)
0
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Metrics
Market Cap
$79.148B
P/E ratio
91.55
EPS
$4.017
Beta
3.53
Dividend rate
N/A
Dividend yield
N/A
About
Carvana Co. is a holding company. The Company operates an e-commerce platform for buying and selling used cars. The Company primarily acquires used vehicle inventory directly from customers, used car auctions, and wholesale used vehicle suppliers, including retail marketplace partners. Once it acquires a vehicle, the Company leverages its in-house logistics network or a vendor to transport the vehicle to one of its inspection and reconditioning centers (IRC) or auction locations with reconditioning capabilities, at which point the vehicle enters its inventory management system. It offers a mobile-optimized Website, where prospective retail car buyers can immediately begin browsing, researching, filtering, and identifying their vehicle of choice, where it offers an annotated virtual vehicle tour, which includes a 360-degree view of the interior and exterior of the actual vehicle. The Company also offers integrated financing using its loan origination platform.
CEO
Mr. Ernest (Ernie) Garcia, III
Employees
17,400
Sector
Cars
Company HQ
TEMPE, United States of America
Website
N/A
News
Why Shares of Carvana Are Surging This Week
Since the close of trading last Friday, shares of the online used-car retailer Carvana (CVNA -4.84%) had surged roughly 11.4%, as of 10:26 a.m. ET today. The company reported strong second-quarter earnings this week and received several price target increases from Wall Street analysts.
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