The stock price of Carmax Inc (NYSE: KMX) has plunged by -2.33 when compared to previous closing price of 77.10, but the company has seen a -1.81% decline in its stock price over the last five trading sessions. fool.com reported 2024-10-26 that These three stocks could be a great start to a long-term buy-and-hold portfolio.
Is It Worth Investing in Carmax Inc (NYSE: KMX) Right Now?
The price-to-earnings ratio for Carmax Inc (NYSE: KMX) is above average at 28.42x. The 36-month beta value for KMX is also noteworthy at 1.69. There are mixed opinions on the stock, with 5 analysts rating it as a “buy,” 4 rating it as “overweight,” 8 rating it as “hold,” and 1 rating it as “sell.”
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The public float for KMX is 154.22M, and at present, short sellers hold a 10.05% of that float. The average trading volume of KMX on November 20, 2024 was 1.73M shares.
KMX’s Market Performance
The stock of Carmax Inc (KMX) has seen a -1.81% decrease in the past week, with a 4.67% rise in the past month, and a -8.72% fall in the past quarter. The volatility ratio for the week is 2.23%, and the volatility levels for the past 30 days are at 2.16% for KMX. The simple moving average for the past 20 days is 0.46% for KMX’s stock, with a -0.79% simple moving average for the past 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 0.31% 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 -14.65% of loss for the given period.
Volatility was left at 2.16%, however, over the last 30 days, the volatility rate increased by 2.23%, as shares surge +5.34% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -3.11% lower at present.
During the last 5 trading sessions, KMX fell by -1.81%, which changed the moving average for the period of 200-days by +6.07% in comparison to the 20-day moving average, which settled at $74.96. In addition, Carmax Inc saw -1.88% 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:
- 0.01 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 0.01. Equity return is now at value 6.85, with 1.53 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 0.05. The debt to equity ratio resting at 3.02. The interest coverage ratio of the stock is 0.23.
Currently, EBITDA for the company is 1.04 billion with net debt to EBITDA at 19.27. When we switch over and look at the enterprise to sales, we see a ratio of 1.17. The receivables turnover for the company is 113.55for 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 2.25.
Conclusion
In summary, Carmax Inc (KMX) has had a mixed performance as of late. Analysts have mixed opinions on the stock, with some viewing it as a “buy” and others as 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.
