CarMax, Inc. (NYSE:KMX) went down by -0.30% from its latest closing price when compared to the 1-year high value of $109.31 and move down -2.23%, while KMX stocks collected -1.72% of loss with the last five trading sessions. Barron's reported on 07/31/20 that Park These 3 Car Dealer Stocks in Your Portfolio
CarMax, Inc. (NYSE:KMX) Worth an Investment?
CarMax, Inc. (NYSE: KMX) scored price to earnings ratio above its average ratio, recording 28.42 times of increase in earnings at the present.
KMX Market Performance
KMX stocks went down by -1.72% for the week, with the monthly jump of 10.27% and a quarterly performance of 16.19%, while its annual performance rate touched 28.40%. The simple moving average for the period of the last 20 days is 2.42% for KMX stocks with the simple moving average of 22.25% for the last 200 days.
Analysts’ Opinion on CarMax, Inc. (NYSE:KMX)
Many brokerage firms have already submitted their reports for KMX stocks, with JP Morgan repeating the rating for KMX shares by setting it to “Overweight”. The predicted price for KMX socks in the upcoming period according to JP Morgan is $105 based on the research report published on June 1, 2020.
Wedbush, on the other hand, stated in their research note that they expect to see KMX stock at the price of $90, previously predicting the value of $70. The rating they have provided for KMX stocks is “Outperform” according to the report published on May 12, 2020.
Evercore ISI gave “Outperform” rating to KMX stocks, setting the target price at $90 in the report published on February 7, 2020.
KMX Stocks 9.89% Far from 50 Day Moving Average
After a stumble in the market that brought KMX to its low price for the period of the last 52 weeks, CarMax, Inc. was unable to take a rebound, for now settling with -2.18% of loss for the given period.
The stock volatility was left at 1.90%, however, within the period of a single month, the volatility rate increased by 1.65%, while the shares surge at the distance of +9.78% for the moving average in the last 20 days. In oppose to the moving average for the last 50 days, trading by +16.39% upper at the present time.
In the course of the last 5 trading sessions, KMX went down by -1.72%, which changed the moving average for the period of 200 days to the total of +11.52% of gains for the stock in comparison to the 20-day moving average settled at $104.88. In addition, CarMax, Inc. saw 21.97% in overturn over the period of a single year with a tendency to cut further gains.
KMX Stock Insider Trading
Reports are indicating that there were more than several insider trading activities at CarMax, Inc. (KMX), starting from Reedy Thomas W JR, who sold 74,220 shares at the price of $102.18 back on Aug 10. After this action, Rushing now owns 34,626 shares of CarMax, Inc., valued at $7,583,800 with the latest closing price.
MARGOLIN ERIC M, the EVP, Gen. Counsel & Secretary of CarMax, Inc., sold 8,863 shares at the value of $102.11 during a trade that took place back on Aug 10, which means that MARGOLIN ERIC M is holding 24,440 shares at the value of $905,001 based on the most recent closing price.
KMX Stock Fundamentals
The current profitability levels are settled at +2.94 for the present operating margin and +13.40 for gross margin. The net margin for CarMax, Inc. stands at +4.37. Total capital return value is set at 3.20, while invested capital returns managed to touch 4.88. Equity return holds the value 17.10%, with 3.10% for asset returns.
Based on CarMax, Inc. (KMX), the company’s capital structure generated 422.77 points for debt to equity in total, while total debt to capital is set at the value of 80.87. Total debt to assets is settled at the value of 74.80 with long-term debt to equity ratio rests at 6.63 and long-term debt to capital is 410.31.
The value for Enterprise to Sales is 1.47 with debt to enterprise value settled at 0.53. The receivables turnover for CarMax, Inc. is 122.80 with the total asset turnover at the value of 1.01. The liquidity ratio also appears to be rather interesting for investors as it stands at 2.39.