D.A. Davidson analyst Michael Baker maintains $Carvana (CVNA.US)$ with a hold rating, and sets the target price at $240.
According to TipRanks data, the analyst has a success rate of 60.2% and a total average return of 6.6% over the past year.
Furthermore, according to the comprehensive report, the opinions of $Carvana (CVNA.US)$'s main analysts recently are as follows:
Carvana's core business operations persist in surpassing expectations, with the company's re-entry into the marketplace showcasing its significant 'infrastructure moat'. The enhancement of EBIDTA estimates reflects the company's strong positioning as a leading choice within the auto retail ecosystem.
Carvana has once more surpassed the expected Gross Profit per Unit estimates, which has led to an increase in gross profit dollars, coinciding with a predicted retail unit sales exceed. This occurred while maintaining a stable operating expenditure, resulting in an EBITDA that exceeded expectations by 30%. Forecasts for retail unit sales in the fourth quarter and thereafter are being adjusted upwards, guided by company insights and excess physical capacity. Carvana is focusing on expanding its inventory to enhance conversion rates and unit growth.
The firm acknowledges Carvana's third-quarter results, especially noting the gross profit per unit of $7,685, which surpassed the Street's estimated $6,599 as a highlight of the quarter.
Note:
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Success rate is the number of the analyst's successful ratings, divided by his/her total number of ratings over the past year. A successful rating is one based on if TipRanks' virtual portfolio earned a positive return from the stock. Total average return is the average rate of return that the TipRanks' virtual portfolio has earned over the past year. These portfolios are established based on the analyst's preliminary rating and are adjusted according to the changes in the rating.
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戴維森信託分析師Michael Baker維持$Carvana (CVNA.US)$持有評級,目標價240美元。
根據TipRanks數據顯示,該分析師近一年總勝率為60.2%,總平均回報率為6.6%。
此外,綜合報道,$Carvana (CVNA.US)$近期主要分析師觀點如下:
carvana的核心業務運營持續超越預期,公司重新進入市場展示其重要的'製造行業壕溝'。 EBIDTA預估的提升反映了該公司作爲汽車零售生態系統中領先選擇的強勁定位。
carvana再次超過了預期的每單位毛利潤預估,導致毛利潤額增加,與預測的零售單位銷售額增加相吻合。在保持穩定運營支出的同時,EBITDA超出30%的預期。第四季度及以後的零售單位銷售預測正在上調,由公司洞察和過剩實物容量指導。carvana專注於擴大庫存,以提高轉化率和單位增長。
該公司承認了carvana的第三季度業績,特別是特別強調每單位的毛利潤爲$7,685,超過了華爾街預估的$6,599,成爲本季度的亮點。
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