Here are five stocks added to the Zacks Rank #1 (Strong Buy) List today:Carvana (CVNA) : This company which is a leading e-commerce platform for buying and selling used cars, has seen the Zacks Consensus Estimate for its current year earnings increasing 33.3% over the last 60 day.PCB Bancorp (PCB) : This bank holding company which offers savings accounts, debit and credit cards, personal and business loans, cash management, certificate of deposits, online banking, mortgages, wealth management and e-statemen ...

Company Overview - Carvana (CVNA) currently holds a Momentum Style Score of A, indicating strong momentum characteristics [3] - The company has a Zacks Rank of 2 (Buy), suggesting a favorable outlook for investors [4] Price Performance - Over the past week, Carvana's shares increased by 4.29%, outperforming the Zacks Internet - Commerce industry, which rose by 2.13% [6] - In a longer time frame, Carvana's monthly price change is 37.07%, significantly higher than the industry's 11.54% [6] - Over the last quarter, shares of Carvana have increased by 3%, and they have gained 142.3% over the past year, while the S&P 500 has moved -3.42% and 14.16%, respectively [7] Trading Volume - Carvana's average 20-day trading volume is 3,849,305 shares, which serves as a bullish indicator when combined with rising stock prices [8] Earnings Estimates - In the past two months, 5 earnings estimates for Carvana have been revised upwards, while 1 has been revised downwards, leading to an increase in the consensus estimate from $3.37 to $4.23 [10] - For the next fiscal year, 4 estimates have moved upwards and 1 has been revised downwards [10] Conclusion - Considering the positive price performance, trading volume, and favorable earnings outlook, Carvana is positioned as a 2 (Buy) stock with a Momentum Score of A, making it a strong candidate for near-term investment [12]

Core Viewpoint - Carvana's shares have experienced significant growth, with a 37.1% increase over the past month and a 44.1% rise since the beginning of the year, outperforming both the Zacks Retail-Wholesale sector and the Zacks Internet - Commerce industry [1] Financial Performance - Carvana has consistently exceeded earnings expectations, reporting an EPS of $1.51 against a consensus estimate of $0.75 in its last earnings report [2] - For the current fiscal year, Carvana is projected to achieve earnings of $4.23 per share on revenues of $17.73 billion, reflecting a 166.04% increase in EPS and a 29.64% increase in revenues [3] - The next fiscal year forecasts earnings of $5.79 per share on $22.1 billion in revenues, indicating year-over-year changes of 37.01% and 24.65%, respectively [3] Valuation Metrics - Carvana's current valuation metrics indicate a premium, trading at 69.3X current fiscal year EPS estimates compared to the peer industry average of 24.6X [7] - On a trailing cash flow basis, the stock trades at 137.1X versus the peer group's average of 18X, with a PEG ratio of 1.35 [7] Zacks Rank and Style Scores - Carvana holds a Zacks Rank of 2 (Buy), supported by favorable earnings estimate revisions from analysts [8] - The stock has a Value Score of D, while its Growth and Momentum Scores are both A, resulting in a combined VGM Score of B [6]

Summary of Carvana's Conference Call Company Overview - **Company**: Carvana - **Industry**: Automotive Retail Key Points and Arguments Long-Term Targets - Carvana aims for 3,000,000 units sold in 5 to 10 years with a volume CAGR of 20% to 40% and EBITDA margins of 13.5% [3][5][8] - Current production capacity is growing at an average of 80 units per week, with plans to increase to 180 units per week to meet targets [5][7] Market Share and Demand - Carvana currently holds about 1% of the market, with the target of reaching 7.5% market share [8] - The company believes demand for its services is strong due to a desirable customer experience and consistent economic offerings [9][11] Growth Strategy - The growth strategy includes enhancing customer experience through faster delivery, broader selection, and improved inventory pools [14][15] - Historical data shows that as markets mature, growth is driven by word-of-mouth and local customer experiences [16][17] Supply Chain Management - Carvana acknowledges that sourcing used cars is a challenge but believes that the existing market structure supports their growth [20][22] - The company plans to access various supply channels, including lease returns and auctions, to ensure a steady supply of vehicles [27][29] Financial Metrics and Margins - Carvana focuses on overall EBITDA margins rather than individual line items, emphasizing the importance of a holistic view of customer transactions [31][33] - The company has been increasing its profitability and aims to maintain flexibility in its margin strategy to support growth [42][45] Lending Business - The lending segment has seen significant improvements in gain on sale margins, attributed to better data utilization and credit scoring models [47][48] - The company believes auto loans are a mispriced asset, which could lead to further improvements in margins [50][51] Future Cash Flow Utilization - Carvana anticipates generating tens of billions in cash flow and plans to reduce net debt and potentially buy back stock [55][56] AI and Data Utilization - The company sees potential in leveraging its extensive data sets to enhance customer experiences and improve operational efficiency [68][71] Internal Debates - A recurring internal debate exists regarding the pace of growth, balancing rapid expansion with operational stability [72][73] Additional Important Insights - Carvana's growth trajectory has seen three distinct phases: rapid growth (2013-2021), strategic retrenchment (2022-2023), and renewed growth (2024-2025) [63][64] - The company emphasizes the importance of maintaining a competitive edge through superior customer experience and operational efficiency [40][41]

Company Overview - Carvana Co. is a leading e-commerce platform for buying and selling used cars, headquartered in Phoenix, AZ [11] - The company has experienced significant growth, with revenues increasing approximately 16-fold from 2017 to 2024 [11] Financial Performance - Carvana is currently rated 2 (Buy) on the Zacks Rank, indicating a positive outlook [12] - The company has a VGM Score of B, suggesting a favorable combination of value, growth, and momentum [12] - Forecasted year-over-year earnings growth for the current fiscal year is 166% [12] - The Zacks Consensus Estimate for fiscal 2025 has increased by $0.86 to $4.23 per share [12] - Carvana has an average earnings surprise of 137.6%, indicating strong performance relative to expectations [12] Investment Potential - With a solid Zacks Rank and top-tier Growth and VGM Style Scores, Carvana is positioned as a strong candidate for growth investors [13]

Core Viewpoint - Carvana Co. (CVNA) shares have experienced a reversal after a significant rally, indicating potential resistance and support levels in the stock's trading pattern [1][5]. Price Movement and Resistance - Following a more than 10% rally driven by a positive earnings report, Carvana's stock is now trading lower, encountering resistance around the $289 level, which had previously acted as resistance in February [1][2]. - The stock's decline is attributed to remorseful buyers who purchased shares at the $289 level and are now placing sell orders as the price falls, creating resistance at this level [4][5]. Support Levels - If the downtrend continues, the stock is expected to find support around the $259 level, which has previously been a resistance point [1][6]. - Remorseful sellers who sold at this price may place buy orders if the stock returns to this level, potentially creating support due to their desire to repurchase shares at their selling price [6][7]. Market Dynamics - The selling pressure has led to a snowball effect, where worried sellers reduce their offering prices, further pushing the stock price lower [5]. - Successful traders can identify these critical price levels, allowing them to strategically place orders to enhance profitability [7].

Core Insights - Carvana reported first-quarter earnings of $1.51 per share, significantly exceeding the Zacks Consensus Estimate of 75 cents and improving from a loss of 41 cents per share in the same quarter last year. This outperformance was driven by better-than-expected revenues across all segments [1] - Total revenues reached $4.23 billion, surpassing the Zacks Consensus Estimate by 4.7% and reflecting a 38% year-over-year increase [1] Financial Performance - Total gross profit for the quarter was $929 million, marking a 57.2% increase year over year. Gross profit per unit (GPU) rose to $6,938 from $6,432 in the prior year [2] - Selling, General and Administrative (SG&A) expenses were $535 million, up 17.3% year over year [2] - Adjusted EBITDA for the first quarter was $488 million, with an adjusted EBITDA margin of 11.5%, up from 7.7% in the first quarter of 2024 [2] Segmental Performance - Retail vehicle sales totaled $2.98 billion, a 37% increase year over year, exceeding the estimate of $2.87 billion. The number of vehicles sold to retail customers rose 45.7% to 133,898 units [3] - Wholesale vehicle sales reached $863 million, up 31.4% year over year, surpassing the estimate of $702 million. The number of vehicles sold to wholesale customers increased 43.7% to 63,454 units [4] - Other sales and revenues grew 70% year over year to $389 million, exceeding the forecast of $310.3 million [5] Financial Position - As of March 31, 2025, Carvana had cash and cash equivalents of $1.85 billion, up from $1.71 million as of December 31, 2024. Long-term debt was $5.27 billion, slightly up from $5.25 billion [5] Outlook - Carvana anticipates significant growth in both retail units sold and adjusted EBITDA for the full year 2025, including sequential increases in the second quarter [6]

Company Overview - Proactive is a financial news publisher that provides fast, accessible, informative, and actionable business and finance news content to a global investment audience [2] - The company has a team of experienced news journalists who produce independent content across various financial markets [2] Market Focus - Proactive specializes in medium and small-cap markets while also covering blue-chip companies, commodities, and broader investment stories [3] - The content includes insights into sectors such as biotech and pharma, mining and natural resources, battery metals, oil and gas, crypto, and emerging digital and EV technologies [3] Technology Adoption - Proactive is recognized for its forward-looking approach and enthusiastic adoption of technology to enhance workflows [4] - The company utilizes automation and software tools, including generative AI, while ensuring that all content is edited and authored by humans [5]

Core Viewpoint - Carvana is experiencing a significant business turnaround in 2025, with strong Q1 results indicating robust consumer market performance and improving profitability, setting ambitious long-term targets [1][2] Financial Performance - In FQ1 2025, Carvana's revenue surged by 38% to $4.233 billion, exceeding MarketBeat's consensus estimate by 575 basis points, driven by a 46% increase in retail units sold [2] - The adjusted EBITDA margin reached a record 11.5%, with adjusted diluted EPS at $1.53, reflecting over 500% growth compared to the previous year [3] Future Outlook - Carvana aims to exceed 3 million annual retail unit sales with a target margin of 13.5%, representing over 700% growth compared to 2024 [2] - The company forecasts sequential growth in revenue and earnings for Q2, with no immediate impact from tariffs, which have pushed used car prices to two-year highs [4] Balance Sheet and Equity - Carvana's balance sheet shows improvement, with a 28% year-to-date increase in shareholder equity, despite still carrying significant debt [5] - Positive cash flow and increased cash and assets are noted, indicating a strengthening financial position [5] Analyst Ratings and Price Targets - Analysts maintain a Moderate Buy rating for Carvana, with a 12-month price target of $260.35, suggesting a potential downside of 8.03% from current levels [4] - Some analysts project a high forecast of $340.00, indicating a potential upside of 30% [9] Market Activity - Short interest in Carvana has decreased but remains elevated, while institutional ownership is above 55% and growing, providing support for price action [10] - Following the earnings release, Carvana's stock experienced volatility but rebounded, indicating a buy-the-dip scenario with potential resistance at $285 [11]

Core Insights - Carvana reported $4.23 billion in revenue for Q1 2025, a year-over-year increase of 38.3% and an EPS of $1.51 compared to -$0.41 a year ago, exceeding Zacks Consensus Estimates for revenue and EPS [1] - The company has shown strong stock performance, with shares returning +46.8% over the past month, outperforming the Zacks S&P 500 composite's +10.6% change, and currently holds a Zacks Rank 1 (Strong Buy) [3] Financial Performance Metrics - Retail vehicle unit sales reached 133,898, surpassing the six-analyst average estimate of 129,401 [4] - Retail vehicle sales, net, amounted to $2.98 billion, exceeding the four-analyst average estimate of $2.88 billion, representing a year-over-year change of +37% [4] - Wholesale sales and revenues were reported at $863 million, above the estimated $804.95 million, reflecting a +31.4% change year-over-year [4] - Other sales and revenues totaled $389 million, exceeding the estimated $339.14 million, with a significant year-over-year increase of +69.9% [4] Profitability Metrics - Per retail unit gross profit totaled $6,938, slightly below the estimated $6,956.18 [4] - Per retail unit gross profit for retail vehicles was $3,204, compared to the average estimate of $3,350.74 [4] - Per unit revenue for retail vehicles was $22,256, lower than the estimated $22,762.43 [4]