Evercore ISI analyst Michael Montani maintained a Hold rating on Carvana Co (NYSE:CVNA) on Friday, setting a price target of $320, which is approximately 7.42% above the present share price of $297.89.
Montani expects Carvana Co to post earnings per share (EPS) of $0.27 for the fourth quarter of 2021.
The current consensus among 12 TipRanks analysts is for a Strong Buy rating of shares in Carvana Co, with an average price target of $390.27.
The analysts price targets range from a high of $470 to a low of $320.
In its latest earnings report, released on 06/30/2021, the company reported a quarterly revenue of $3.34 billion and a net profit of $82 million. The company's market cap is $25.17 billion.
According to TipRanks.com, Evercore ISI analyst Michael Montani is currently ranked with 3 stars on a 0-5 stars ranking scale, with an average return of 16.9% and a 78.95% success rate.
Founded in 2012, Arizona-based Carvana Co. is an e-commerce platform for buying and selling used cars in the United States. Carvana.com enables consumers to quickly and easily shop more than 20,000 vehicles, finance, trade-in or sell their current vehicle to Carvana, sign contracts, and schedule as-soon-as-next-day delivery or pickup at one of Carvana’s patented, automated Car Vending Machines.