Carmax Inc (KMX) concluded trading on 01/11/24 at a closing price of $71.88, with 4.02 million shares of worth about $288.68 million changed hands on the day. Half year performance of the stock remained negative as price took a plunge of -13.83% during that period and on Thursday the price saw a loss of about -0.96%. Currently the company’s common shares owned by public are about 158.08M shares, out of which, 157.25M shares are available for trading.
A deeper look into what the analysts at Wall Street are thinking about the price target of this stock provides us with the following: 20 analysts are covering the KMX stock and their offered price forecasts bring an average price target of $76.48. Over the next 12 months, analysts forecasted that the stock’s price could jump as high as $105.00 and could fall to a lowest price of $44.00. The stock’s current price level is 6.01% above of average price target set by the analysts, while a rise to estimated low would result in loss of -63.36% for the stock. However, touching the estimated high of $105.00 would mean a gain of 31.54% for the stock.
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According to filings with the U.S. Securities and Exchange Commission (SEC), insiders took part in trade of the company’s stock for 58 times over the past 12 months. They bought 393,029 shares in 37 of the transactions. In 21 selling transactions, insiders dumped 354,326 shares.
Carmax Inc (NYSE: KMX) started trading at $72.49, below -$0.09 from concluding price of the previous day. However, the stock later moved at a day high price of 72.49, or with a loss of -0.96%. Stock saw a price change of 0.07% in past 5 days and over the past one month there was a price change of 7.25%. Year-to-date (YTD), KMX shares are showing a performance of -6.33% which increased to 6.66% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $55.76 but also hit the highest price of $87.50 during that period. The average intraday trading volume for Carmax Inc shares is 2.07 million. The stock is currently trading -3.45% below its 20-day simple moving average (SMA20), while that difference is up 4.75% for SMA50 and it goes to -2.51% lower than SMA200.
Carmax Inc (NYSE: KMX) currently have 158.08M outstanding shares and institutions hold larger chunk of about 105.69% of that.
The stock has a current market capitalization of $11.35B and its 3Y-monthly beta is at 1.60. PE ratio of stock for trailing 12 months is 22.92, while it has posted earnings per share of $3.14 in the same period. Its PEG reads 1.39 and has Quick Ratio of 0.71 while making debt-to-equity ratio of 3.26. Volatility of a stock is a metric used to know how much the price of that stock is under influence and for KMX, volatility over the week remained 2.61% while standing at 3.43% over the month.
Analysts are in expectations that Carmax Inc (KMX) stock would likely to be making an EPS of $0.47 in the current quarter, while forecast for next quarter EPS is $1.24 and it is $3.44 for next year. For the current quarter EPS, analysts have given the company a lowest target $0.29 which is $0.58 at the higher side of the target for the same. When we compare those targets with actual EPS, we find that company posted an EPS of $0.44 in the same quarter a year ago. Stock’s fiscal year EPS is expected to drop by -0.45% while it is estimated to increase by 19.10% in next year. EPS is likely to grow at an annualized rate of 16.50% for next 5-years, compared to annual growth of -3.36% made by the stock over the past 5-years.
Analysts at 20 brokerage firms have issued recommendations for the Carmax Inc (KMX)’s stock and average of those rates the stock at a “Moderate Buy” and assign it a score of 2.50. Out of those 20 Wall Street analysts, 7 recommended a “Buy” rating, while 9 were in favor recommending the stock as a “Hold” and 2 analyst recommended the stock as “Sell”.
Digging deeper we find that several firms have released their research notes about the support levels of the stock. Most recent of them is a note released by Wedbush on September 25, 2023 offering an Outperform rating for the stock and assigned a target price range of between $85 and $90 to it.
