Jefferies (NYSE:JEF) analyst John Colantuoni maintained a Buy rating on Carvana Co (NYSE:CVNA) on Wednesday, setting a price target of $375, which is approximately 57.87% above the present share price of $237.53.
Colantuoni expects Carvana Co to post earnings per share (EPS) of -$0.46 for the second quarter of 2021.
The current consensus among 19 TipRanks analysts is for a Moderate Buy rating of shares in Carvana Co, with an average price target of $327.06.
The analysts price targets range from a high of $420 to a low of $250.
In its latest earnings report, released on 03/31/2021, the company reported a quarterly revenue of $2.25 billion and a net profit of -$59 million. The company's market cap is $39.19 billion.
According to TipRanks.com, Jefferies analyst John Colantuoni is currently ranked with 2 stars on a 0-5 stars ranking scale, with an average return of 2.2% and a 30.43% 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.