CarMax Inc. (NYSE:KMX) went down by -1.50% from its latest closing price compared to the recent 1-year high of $155.98. The company’s stock price has collected -1.37% of loss in the last five trading sessions. Barron’s reported on 12/22/21 that CarMax Sells a Lot of Used Cars. But the Stock Falls.
Is It Worth Investing in CarMax Inc. (NYSE :KMX) Right Now?
CarMax Inc. (NYSE:KMX) scored a price-to-earnings ratio above its average ratio, recording 16.20 x from its present earnings ratio. Plus, the 36-month beta value for KMX is at 1.47. Opinions of the stock are interesting as 9 analysts out of 16 who provided ratings for CarMax Inc. declared the stock was a “buy,” while 1 rated the stock as “overweight,” 5 rated it as “hold,” and 1 as “sell.”
The average price from analysts is $152.70, which is $35.11 above the current price. KMX currently public float of 161.37M and currently shorts hold a 3.25% ratio of that float. Today, the average trading volume of KMX was 1.11M shares.
KMX’s Market Performance
KMX stocks went down by -1.37% for the week, with a monthly drop of -16.87% and a quarterly performance of -13.40%, while its annual performance rate touched 10.46%. The volatility ratio for the week stands at 3.83% while the volatility levels for the past 30 days are set at 3.59% for CarMax Inc.. The simple moving average for the period of the last 20 days is -7.82% for KMX stocks with a simple moving average of -10.90% for the last 200 days.
Analysts’ Opinion of KMX
Many brokerage firms have already submitted their reports for KMX stocks, with JP Morgan repeating the rating for KMX by listing it as a “Overweight.” The predicted price for KMX in the upcoming period, according to JP Morgan is $160 based on the research report published on December 07th of the previous year 2021.
Wolfe Research, on the other hand, stated in their research note that they expect to see KMX reach a price target of $160. The rating they have provided for KMX stocks is “Outperform” according to the report published on October 01st, 2021.
KMX Trading at -15.72% from the 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, the company was unable to rebound, for now settling with -24.69% of loss for the given period.
Volatility was left at 3.59%, however, over the last 30 days, the volatility rate increased by 3.83%, as shares sank -17.27% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -18.64% lower at present.
During the last 5 trading sessions, KMX fell by -1.37%, which changed the moving average for the period of 200-days by -11.45% in comparison to the 20-day moving average, which settled at $126.21. In addition, CarMax Inc. saw -9.80% in overturn over a single year, with a tendency to cut further losses.
Reports are indicating that there were more than several insider trading activities at KMX starting from Wilson Charles Joseph, who sale 16,059 shares at the price of $127.48 back on Dec 30. After this action, Wilson Charles Joseph now owns 11,768 shares of CarMax Inc., valued at $2,047,201 using the latest closing price.
Lyski James, the EVP & Chief Marketing Officer of CarMax Inc., sale 63,129 shares at $139.54 during a trade that took place back on Aug 03, which means that Lyski James is holding 15,955 shares at $8,809,021 based on the most recent closing price.
Stock Fundamentals for KMX
Current profitability levels for the company are sitting at:
- +1.47 for the present operating margin
- +12.55 for the gross margin
The net margin for CarMax Inc. stands at +3.94. The total capital return value is set at 1.41, while invested capital returns managed to touch 3.85. Equity return is now at value 25.20, with 5.10 for asset returns.
Based on CarMax Inc. (KMX), the company’s capital structure generated 358.72 points at debt to equity in total, while total debt to capital is 78.20. Total debt to assets is 71.95, with long-term debt to equity ratio resting at 347.42. Finally, the long-term debt to capital ratio is 75.74.
When we switch over and look at the enterprise to sales, we see a ratio of 1.17, with the company’s debt to enterprise value settled at 0.45. The receivables turnover for the company is 88.11 and the total asset turnover is 0.88. The liquidity ratio also appears to be rather interesting for investors as it stands at 2.42.