Carvana (CVNA) Posts 51 P/E with $618M Tax Benefit Amid High Debt

AI Summary

Carvana (CVNA) is currently trading at a P/E ratio of 51, boosted by a $618 million tax benefit while carrying $4.83 billion in long-term debt. The stock has decreased by 13.51% year-to-date and is trading below both its 50-day and 200-day moving averages. In contrast, Altria (MO) has improved by 22.68% year-to-date and now offers a 5.84% yield with a P/E of 15. The comparison highlights the risks associated with Carvana amidst rising inflation and increasing credit card delinquencies.