Carvana (NASDAQ:CVNA) Getting Somewhat Positive Press Coverage, Study Finds

News headlines about Carvana (NASDAQ:CVNA) have trended somewhat positive recently, Accern Sentiment reports. The research firm identifies negative and positive media coverage by reviewing more than twenty million blog and news sources. Accern ranks coverage of companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Carvana earned a media sentiment score of 0.23 on Accern’s scale. Accern also assigned news coverage about the company an impact score of 45.1931800570153 out of 100, indicating that recent media coverage is somewhat unlikely to have an effect on the stock’s share price in the near future.

These are some of the media stories that may have impacted Accern’s scoring:

Shares of Carvana (NASDAQ:CVNA) traded up 0.87% during trading on Friday, reaching $12.76. The company had a trading volume of 234,965 shares. The company’s market cap is $198.01 million. The firm has a 50-day moving average of $15.66 and a 200-day moving average of $15.93. Carvana has a 12-month low of $8.14 and a 12-month high of $23.70.

Carvana (NASDAQ:CVNA) last issued its quarterly earnings data on Tuesday, August 8th. The company reported ($0.28) EPS for the quarter, beating the Thomson Reuters’ consensus estimate of ($0.30) by $0.02. The company had revenue of $209.37 million during the quarter, compared to the consensus estimate of $198.84 million. Carvana’s revenue for the quarter was up 142.0% on a year-over-year basis. On average, equities research analysts anticipate that Carvana will post ($1.13) EPS for the current year.

Several brokerages have recently weighed in on CVNA. Susquehanna Bancshares Inc reaffirmed a “neutral” rating and issued a $16.00 target price (up previously from $12.00) on shares of Carvana in a research report on Friday, August 11th. Robert W. Baird reiterated an “outperform” rating and issued a $22.00 price target on shares of Carvana in a research note on Thursday, September 7th. Consumer Edge reiterated an “outperform” rating and issued a $23.00 price target on shares of Carvana in a research note on Monday, October 2nd. Wedbush assumed coverage on Carvana in a research note on Monday, July 17th. They issued a “neutral” rating and a $25.00 price target on the stock. Finally, B. Riley assumed coverage on Carvana in a research note on Friday, September 22nd. They set a “sell” rating and a $12.00 price objective on the stock. One equities research analyst has rated the stock with a sell rating, three have assigned a hold rating and eleven have issued a buy rating to the stock. The stock presently has an average rating of “Buy” and a consensus target price of $20.01.

TRADEMARK VIOLATION WARNING: “Carvana (NASDAQ:CVNA) Getting Somewhat Positive Press Coverage, Study Finds” was originally reported by Dispatch Tribunal and is the property of of Dispatch Tribunal. If you are reading this story on another site, it was copied illegally and republished in violation of U.S. & international copyright & trademark laws. The correct version of this story can be viewed at

Carvana Company Profile

Carvana Co is an e-commerce platform for buying used cars. On the Company’s platform, consumers can research and identify a vehicle, inspect it using its proprietary 360-degree vehicle imaging technology, obtain financing and warranty coverage, purchase the vehicle and schedule delivery or pick-up, all from their desktop or mobile devices.

Insider Buying and Selling by Quarter for Carvana (NASDAQ:CVNA)

Receive News & Ratings for Carvana Co Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Carvana Co and related companies with's FREE daily email newsletter.

Leave a Reply