Carvana NYSE: CVNA dealer online samochodów używanych

[slayer74]

wykres
https://finance.yahoo.com/chart/cvna?ltr=1
https://stockcharts.com/h-sc/ui?s=cvna

Carvana NYSE: CVNA dealer online samochodów używanych.
28.04.2017 - debiut na NYSE

https://en.wikipedia.org/wiki/Carvana
http://www.carvana.com/

[slayer74]

http://247wallst.com/autos/2017/05/23/w ... n-carvana/

[slayer74]

http://247wallst.com/autos/2017/06/07/h ... -earnings/

[slayer74]

Carvana downgraded to Underperform following Q2 beat
RBC Capital downgraded Carvana (NYSE:CVNA) to Underperform from Sector Perform while raising its price target to $30.00 from $9.00 following the company’s reported better-than-expected Q2 results, which caused the stock to jump more than 40% yesterday.

RBC Capital acknowledged that Carvana's strong Q2 results, debt restructuring, and newfound access to equity capital have alleviated liquidity risks, which is seen as a significant positive for the stock. However, considering the fundamental aspects, the firm decided to cut the rating to Underperform.

The firm believes that the market may have already overly appreciated the potential for long-term margin improvements, and a faster return to growth (which could potentially stall margins) might be necessary to cover debt costs. Additionally, the firm expects significant dilution and an expanding debt burden following the restructuring.

Raising ests/target given better near-term performance & lower liquidity risks but would expect the stock & more measured fundamentals to converge over time if and when near-term volatility abates.