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Vroom, Inc. (VRM)

NasdaqGS - NasdaqGS Real-time price. Currency in USD
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1.1600-0.0300 (-2.52%)
At close: 04:00PM EDT
1.1800 +0.02 (+1.72%)
After hours: 07:58PM EDT

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  • T
    Terry
    I like the stock more than I like the company. I did a fairly accurate comparison between Vroom and Carvana. Selling my car to them and buying the same car, but 4 years newer. Carvana offered me exactly 50% more for my vehicle. That’s about $5,000, and closer to Kelly Blue Book value . Pricing for the vehicle range I would look to buy was pretty comperable, but Carvana had at least 8 times the inventory available. Much better selection. So as a “ customer”, I would select Carvana. As an investor it tells me that Carvana has a lot of expensive inventory. They may get a lot of the hurricane damaged vehicle replacement sales business because of greater variety. It also tells me that VRM is trying to improve their conversion ratio and unit profit by offering less money to buy vehicles. This may also contribute to their lower inventory. It is also possible that the new CEO has already started implementing his regional strategy, and only showing cars from my general region.

    I still believe that long term, VRM is a better stock opportunity than CRVN. However, I am disturbed by the disparity in the offer made to sellers, and will be doing the same exercise monthly to watch for changes.
  • S
    Scott
    KMX will offer $750 million for VRM or $5.50 per share. Wait and see. They need to boost online sales bad. For $750 million. they'd be adding $3 billion in revenue a year. That is pretty cheap if you ask me.
  • T
    Terry
    I am in the market for a 2020 / 2021 Nissan Maxima. I have browsed Vroom’s website, and I am so far impressed. This would be my 26th car ( and my last one) but the first one that I may buy on line. I am currently waiting for an answer to a question on my trade in for my 2016 Maxima. I am interested in the the VRM’s customers experience. Will share my thoughts on the experience if there is any interest.
  • K
    KalvinJ
    Just bought from vroom. Better then my experience with carvana.
  • J
    Jay
    From 2nd Qtr 2022 Earnings Call. Today's market cap..$164M.

    "We ended the second quarter with $533 million in cash and cash equivalents, excluding restricted cash and continue to forecast $450 million to $565 million at year-end. We updated the bridge from the first quarter call with actual second quarter results to highlight the expected sources and uses of cash during the second half of the year. Our previously provided adjusted EBITDA loss guidance for the full year of $375 million to $325 million implies a loss of $182 million to $132 million of adjusted EBITDA during the second half of the year."
  • F
    Fido
    When the market turn around. It will be an epic squeeze. The question is how low it will go.
  • J
    Jay
    KMX online sales is stalling. A lot has to do with CVNA and VRM dominating online sales.
    "Online retail sales(1) accounted for 11% of retail unit sales, compared with 9% in the second quarter of last year."

    I ain't scared of Billy's Ghost.
  • T
    Terry
    New here, but I have a substantial gamble in VRM. I am an analyst. Outside of the stock market. But it doesn’t hurt my research when I am buying a stock. This stock first came to my attention six months ago through filtering, and analyzing Quarterly reports. The most impressive move was the CEO change, and a different strategy. Just in time. Regionalization of purchases / sales ( cuts down transit cost, and strengthens bargaining positioning with detailers. Recent announcement of 3 year stock performance based options for employees, and a priority agenda to fix the registry/ plate issue. Trading has been heavy, and I expect the shares VRM are selling are running low. Price will start going up I am buying 2000 more at opening
  • J
    Jay
    I couldn't believe it..it like double dipping my nachos on Billy Wonka's cheese dip.
    Thank you Billy!
  • J
    Jeffery
    Longs:
    Trust me when I say... we're in a good position right now.
    Hang around for a while and you'll see why I think so highly of Vrm.
  • J
    Jay
    The eventual winner will be the company that wins over the customer and provides the best customer service while focusing on future profits.

    For the newbies here, check the dealer reviews on dealerrater website. VRM has slowly inched up from 3.2 to 3.4. A slow mountain climb considering there are thousands of reviews.
  • J
    Jeffery
    "The harder the bounce the higher the jump"
    Relax longs. Breath in through your nose and breath out through your mouth. Do that a few times and watch how good you feel.
    ($1.00)... That's the magic/tragic numbers we need to stay far away from, in order for progression. Anything less than 1.00 is unacceptable.
  • A
    A.
    Hurricane Ian will create the need for many thousands of vehicles to replace the damaged and flooded out victims.

    Those best suited to fill the need win
  • J
    Jay
    We are at the lows. A great buying opportunity for at least a 50-100% gain before 3rd Qtr earnings with 6 weeks to go. Short will be pressured to convince you to sell before earnings then slowly wind down their positions to lock in their gains. Get ahead of the trade. This stock is cheap.

    The company will still have $500M cash remaining at 2022 year end, $686M as of June 2022 10-Q.
    The UACC acquisition alone this year (net of cash) cost $268.19M which is 50% higher than today's VRM market cap. UACC contributed $49M revenue and $19.2M net income for Vroom.

    "The aggregate revenue and net income of UACC consolidated into the Company’s financial statements from the date of the acquisition was $49.0 million and $19.2 million, respectively, for the three months ended March 31, 2022."
  • J
    Jeffery
    What's up everybody.
    Vrm info... Who's in charge?
    During his time as CEO Paul oversaw VRMs transition from a start up to one of the largest auto retailers in the United States. While doing so he recruited and cultivated an outstanding management team, including "Tom Short" (current CEO) that is now ready to lead vrm to greatness for years to come.
    I hope Toms expectations are very high when it comes to VRMs share price.
    I'm talking 30, 40 or $50.00 a share. Don't mind me... I'm just venting, but $17.00 a share seems very possible. In the near future of course.
  • S
    Scott
    Tomorrow I pick up another 1500 shares. My mom is finally paying me back the money I loaned her last year.
  • I
    Investor
    Last but not least we are at the bottom..Dont be surprised if we consolidate and or merge with one of the other companies creating a synergy
  • A
    A.
    These are buying opportunities.
  • O
    Oracle
    Remove stop loss orders below all time low. Hold
  • A
    A.
    set aside the current stats and intrinsic value, and look at it through the eyes of a much larger company that can take out a competitor and at the same time pick up strategic and extrinsic value by acquiring VRM. Further to that, Carvana is on a quick path to self-destruction, leaving Vroom as the dominant player in the digital online only used car source. An acquisiton at just half the IPO is still $11/share, 10x where it trades today, and even that might be too low.

    Potential acquirers include Carmax, AutoNation, Penske and perhaps even Entreprise.......