CARVANA (CVNA)
EARNINGS RELEASE - AUGUST 5 (AMC)
EARNINGS EXPECTATIONS:
THIS QTR: EPS: -.83/share REV: 1,140/M
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LAST QTR: EPS: -.66/share ACTUAL: -1.18/share (MISS)
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NEXT QTR: EPS: -.69/share REV: 1,410/M
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FULL YR: EPS: -3.34/share REV: 5,180/M
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BEAT/MISS RECORD: XX% OF THE TIME THEY BEAT ESTIMATES
PRIOR ‘JUMP ZONE’ MOVES (LAST 3 QTRS %) 10.9, -20.14, -10.59
EXPECTED JUMP MOVE THIS QUARTER: 15%
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*** With market volatility at extremes there is greater risk in trading these events which may not react as they would under normal market conditions. Please take extra caution before tradin
Links To Latest News and Headlines
Wedbush Securities Seth Basham joins Yahoo Finance to discuss how Carvana will meet consumers’ demand, why Wedbush upgraded its price target and the outlook of growth for the company.
Online used-car dealers like Carvana and Vroom have seen soaring sales and stock prices during the pandemic, and robust internet traffic indicates that consumer interest remains high in them.
PHOENIX, October 07, 2021–Carvana Co. (NYSE: CVNA), the leading e-commerce platform for buying and selling used cars, today announced it will report its third quarter 2021 financial results for the period ended September 30, 2021, following the close of market on Thursday, November 4, 2021. On that day, management will hold a conference call and webcast at 5:30 p.m. ET (2:30 p.m. PT) to review and discuss the company’s business and results.
Thomas Taira, President And Special Projects at Carvana (NYSE:CVNA), made a large insider sell on October 4, according to a new SEC filing. What Happened: A Form 4 filing from the U.S. Securities and Exchange Commission on Monday showed that Taira sold 412 shares of Carvana at prices ranging from $298.26 to $302.83. The total transaction amounted to $124,058. Following the transaction, Taira still owns 43,087 shares of Carvana worth $12,464,853. Carvana shares are trading down 1.62% at $289.3 at
Fear played out like clockwork this past month. And Wall Street’s bearish behavior wasn’t lost on today’s most-shorted stocks. Entering October though, three monthly price charts with larger bear populations are hinting at profitable treats for technical-oriented buyers. What just happened? If you’re wondering about trading accounts tethered to large-cap bellwethers such as the S&P 500 or Nasdaq Composite, it’s called seasonal bearish tendencies revealing themselves in grand style in 2021. And m
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ANALYSIS:
StockJumpers trajectory analysis has a mixed market response post release. This is a VERY overpriced stock and is due for correction, and the data suggests it will but may not be until the following day. We are biased short on this event and will sell at market close, even if there is another small bump post release we will hold the position into tomorrow. (We are looking for it to drop over the next few days,)
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OUR TRADE PLAN:
ENTRY: SELL
STOP LOSS: N/A
INITIAL PROFIT TARGET: 15%
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TRADE ASSIST: N/A
POST RELEASE ACTION:
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There is a significant amount of data behind the scenes involved in the analysis and trade plan tab above, that does not get put into the report. Too much information for traders often confuses things – so this is stripped down to only what is needed to make the best possible decision(s) on trading the trajectory.
Members who are too busy to manual trade can use Trade Assist. For more information visit here
Avg Daily Volume: 2,051,943 Market Cap: 23.16B
Sector: None Short Interest: 40.73
Ticker delayed 20 minutes
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by Team Stockjumpers