Carvana Co. is a holding company and an eCommerce platform, which engages in the buying and selling of used cars. The company is headquartered in Tempe, Arizona and currently employs 17,400 full-time employees. The company went IPO on 2017-04-28. The firm operates an e-commerce platform for buying and selling used cars. The firm 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. The company 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 firm also offers integrated financing using its loan origination platform.
Follow-Up Questions
What is Carvana Co (CVNA)'s P/E Ratio?
The P/E ratio of Carvana Co is 350.6252
Who is the CEO of Carvana Co?
Mr. Ernest Garcia is the Chairman of the Board of Carvana Co, joining the firm since 2017.
What is the price performance of CVNA stock?
The current price of CVNA is $325.01, it has decreased 2.2% in the last trading day.
What are the primary business themes or industries for Carvana Co?
Carvana Co belongs to Retail industry and the sector is Consumer Discretionary
What is Carvana Co market cap?
Carvana Co's current market cap is $69.9B
Is Carvana Co a buy, sell, or hold?
According to wall street analysts, 23 analysts have made analyst ratings for Carvana Co, including 8 strong buy, 11 buy, 9 hold, 1 sell, and 8 strong sell
