Carmax Inc (NYSE: KMX) has a higher price-to-earnings ratio of 30.05x compared to its average ratio, The 36-month beta value for KMX is at 1.69. Analysts have varying views on the stock, with 4 analysts rating it as a “buy,” 3 rating it as “overweight,” 8 as “hold,” and 1 as “sell.”
The public float for KMX is 155.38M, and currently, shorts hold a 10.85% of that float. The average trading volume for KMX on September 25, 2024 was 1.72M shares.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
KMX) stock’s latest price update
The stock of Carmax Inc (NYSE: KMX) has increased by 0.07 when compared to last closing price of 76.45. Despite this, the company has experienced a -3.64% fall in its stock price over the last five trading sessions. zacks.com reported 2024-09-23 that Beyond analysts’ top -and-bottom-line estimates for CarMax (KMX), evaluate projections for some of its key metrics to gain a better insight into how the business might have performed for the quarter ended August 2024.
KMX’s Market Performance
KMX’s stock has fallen by -3.64% in the past week, with a monthly drop of -10.82% and a quarterly rise of 6.59%. The volatility ratio for the week is 2.59% while the volatility levels for the last 30 days are 2.68% for Carmax Inc The simple moving average for the last 20 days is -4.58% for KMX stock, with a simple moving average of 1.49% for the last 200 days.
Analysts’ Opinion of KMX
Many brokerage firms have already submitted their reports for KMX stocks, with Needham repeating the rating for KMX by listing it as a “Buy.” The predicted price for KMX in the upcoming period, according to Needham is $99 based on the research report published on March 20, 2024 of the current year 2024.
Mizuho, on the other hand, stated in their research note that they expect to see KMX reach a price target of $80. The rating they have provided for KMX stocks is “Neutral” according to the report published on March 19th, 2024.
Wedbush gave a rating of “Outperform” to KMX, setting the target price at $90 in the report published on September 25th of the previous year.
KMX Trading at -4.50% 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 -13.28% of loss for the given period.
Volatility was left at 2.68%, however, over the last 30 days, the volatility rate increased by 2.59%, as shares sank -10.02% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -6.71% lower at present.
During the last 5 trading sessions, KMX fell by -3.64%, which changed the moving average for the period of 200-days by +16.03% in comparison to the 20-day moving average, which settled at $79.74. In addition, Carmax Inc saw -0.31% in overturn over a single year, with a tendency to cut further losses.
Insider Trading
Reports are indicating that there were more than several insider trading activities at KMX starting from Livesay Jill A, who sale 12,000 shares at the price of $83.52 back on Jul 29 ’24. After this action, Livesay Jill A now owns 9,448 shares of Carmax Inc, valued at $1,002,240 using the latest closing price.
Shamim Mohammad, the EVP and CITO of Carmax Inc, sale 25,000 shares at $82.26 during a trade that took place back on Jul 26 ’24, which means that Shamim Mohammad is holding 11,738 shares at $2,056,500 based on the most recent closing price.
Stock Fundamentals for KMX
Current profitability levels for the company are sitting at:
- 0.0 for the present operating margin
- 0.1 for the gross margin
The net margin for Carmax Inc stands at 0.02. The total capital return value is set at 0.0. Equity return is now at value 6.73, with 1.49 for asset returns.
Based on Carmax Inc (KMX), the company’s capital structure generated 0.75 points at debt to capital in total, while cash flow to debt ratio is standing at 0.03. The debt to equity ratio resting at 3.05. The interest coverage ratio of the stock is 0.06.
Currently, EBITDA for the company is 154.1 million with net debt to EBITDA at 22.92. When we switch over and look at the enterprise to sales, we see a ratio of 1.18. The receivables turnover for the company is 122.25for trailing twelve months and the total asset turnover is 0.95. The liquidity ratio also appears to be rather interesting for investors as it stands at 2.50.
Conclusion
In conclusion, Carmax Inc (KMX) has had a bad performance lately. Opinion on the stock among analysts is mixed, with some giving it a “buy” rating and others a “hold”. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
