Used car sales booming as holdout buyers return: Edmunds [FOX Business Network]
Carvana Co. Class A (CVNA)
Last carvana co. class a earnings: 2/26 04:05 pm
Check Earnings Report
US:NYSE Investor Relations:
investors.carvana.com
Company Research
Source: FOX Business Network
The used vehicle market is up and running again after getting a jump-start from easing prices that have lured consumers holding out on making a purchase the past few years, a new report from Edmunds found. The car shopping guide published an analysis Tuesday indicating the combination of increased supply and cooling prices is luring previously hesitant buyers back to dealerships, where used vehicles are selling at record rates. Edmunds' director of insights, Ivan Drury, noted that the average trade-in age for both new and used auto purchases is on the rise. He says this indicates the return of a growing number of consumers who sat out the market while prices were sky-high. Drury said that the widening gap between new and used prices is pushing more shoppers to purchase used vehicles. "Consumers making their way back into the market after a number of years away are likely experiencing some sticker shock when shopping for new vehicles and, therefore, more thoroughly evaluating
Show less
Read more
Impact Snapshot
Event Time:
CVNA
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
CVNA alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
CVNA alerts
High impacting Carvana Co. Class A news events
Weekly update
A roundup of the hottest topics
CVNA
News
- Carvana Co. (NYSE: CVNA) had its price target raised by analysts at JMP Securities from $200.00 to $320.00. They now have a "market outperform" rating on the stock.MarketBeat
- Carvana Co. (NYSE: CVNA) had its price target raised by analysts at Piper Sandler from $151.00 to $225.00. They now have a "neutral" rating on the stock.MarketBeat
- Carvana Co. (NYSE: CVNA) had its price target raised by analysts at JPMorgan Chase & Co. from $230.00 to $300.00. They now have an "overweight" rating on the stock.MarketBeat
- Carvana Co. (NYSE: CVNA) had its price target raised by analysts at Needham & Company LLC from $200.00 to $300.00. They now have a "buy" rating on the stock.MarketBeat
- Carvana Co. (NYSE: CVNA) had its price target raised by analysts at Robert W. Baird from $160.00 to $240.00. They now have a "neutral" rating on the stock.MarketBeat
CVNA
Earnings
- 10/30/24 - Beat
CVNA
Sec Filings
- 10/31/24 - Form 144
- 10/31/24 - Form 144
- 10/31/24 - Form 144
- CVNA's page on the SEC website