$CVNA
Carvana Co.
PRICE
$33.93 ▲3.193%
Extented Hours
VOLUME
13,666,519
DAY RANGE
31.8 - 36.38
52 WEEK
28.35 - 376.83
Join Discuss about CVNA with like-minded investors
@lucullus #droscrew
well i dont know the 2nd hand care sales business all that well, they manage to produce huge looses though, but maybe thats a function of growth at all costs and they can do better. But CVNA trades at 0.42 x sales and 7.8 x cash. $VRM sells at 0.06 x sales and 0.17 x cash. Now i dont know wether that industry survives but $VRM has far more upside in my eyes
114 Replies 8 👍 12 🔥
@lucullus #droscrew
@DROS yes i did see it on $CVNA. i mean i think you could do a pairs trade in $VRM and $CVNA just because one is selling at about 7 x less in sales terms so if they both go to zero you make out and if VRM manages to resurrect itself it ccould cut the multiple difference
127 Replies 15 👍 8 🔥
@lucullus #droscrew
nAVNEET, its haemorrhaging cash like its going out of fashion, i was stupid enough to buy some $VRm 0n some option nonsense a month or so ago, i have a look at the industry since and to be honest it looks dreadful, maybe terminal, $cvna HAS TAKEN A DUMP AND IS SELLING AT ABOUT 0.5 x sales, but a similar but smaller company with a plan to turn business around and $600 mil cash is $VRM selling at 0.06 x sales. That could be wehere CVNA is going or maybe they meet in the middle once the market recovers but much better buys around at the moment IMO
42 Replies 10 👍 9 🔥
Key Metrics
Market Cap
1.64 B
Beta
2.68
Avg. Volume
16.49 M
Shares Outstanding
90.10 M
Yield
0%
Public Float
0
Next Earnings Date
2022-07-20
Next Dividend Date
Company Information
Founded in 2012 and based in Phoenix, Carvana's mission is to change the way people buy cars. By removing the traditional dealership infrastructure and replacing it with technology and exceptional customer service, Carvana offers consumers an intuitive and convenient online car buying and financing platform. Carvana.com enables consumers to quickly and easily shop more than 20,000 vehicles, finance, trade-in or sell their current vehicle to Carvana, sign contracts, and schedule as-soon-as-next-day delivery or pickup at one of Carvana's patented, automated Car Vending Machines.
CEO: Ernest Garcia
Website: www.carvana.com
HQ: 1930 W Rio Salado Pkwy Tempe, 85281-2207 Arizona
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