As of Friday close, CarMax Inc.’s (NYSE:KMX) stock was down -$2.22, moving down -3.80 percent to $56.26. The average number of shares traded per day over the past five days has been 4,067,620 shares. 2 times new highs have been achieved over the past 5 days, with a -$7.47 fall in that time frame. In the last twenty days, the average volume was 2,285,125, while in the previous 50 days, it was 2,351,562.
Since last month, KMX stock retreated -25.53%. Shares of the company fell to $55.94 on 03/17/23, the lowest level in the past month. A 52-week high of $106.24 was reached on 02/02/23 after having rallying from a 52-week low of $52.10. Since the beginning of this year, KMX’s stock price has dropped by -7.60% or -$4.63, and marked a new high 9 times. However, the stock has declined by -47.04% since its 52-week high.
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KMX stock investors should be aware that CarMax Inc. (KMX) stock had its last reported insider trading activity 78 days ago on Dec 30. Nash William D, the President & CEO of the company, purchased of 8,220 shares for $60.98 on Dec 30. It resulted in a $501,256 investment by the insider. Cafritz Diane L sold 15,555 shares at an average price of $94.75 on Jul 21. The insider now owns 4,988 shares following the transaction. On Jul 18, EVP and CITO Shamim Mohammad sold 3,456 shares at $93.91 apiece. The transaction was valued at $324,553.
Right now, CarMax Inc. (KMX) has a P/E ratio of about 15.82. The stock’s beta is 1.44. Besides these, the trailing price-to-sales (P/S) ratio of 0.29, the price-to-book (PB) ratio of 1.62, and the price-to-cash flow ratio of 11.66 may also be considered.
In the three months ended November 29, CarMax Inc.’s quick ratio stood at 0.80, while its current ratio was 2.60, showing that the company is not able to pay off its debt. According to company report, the long-term debt-to-equity ratio for the quarter ending November 29 was 3.24, and the total debt-to-equity ratio was 3.35. On the profitability front, the trailing twelve-month gross margin is 9.20% percent. In the year ended November 29, operating margins totaled 2.40%. Based on annual data, KMX earned $3.29 billion in gross profit and brought in $31.9 billion in revenue.
A company’s management is another factor that investors consider when determining the profitability of an investment. In the past year, return on investment (ROI) was 4.80%. Return on equity (ROE) for the past 12 months was 10.70%.
In CarMax Inc.’s quarter-end financial report for November 29, it reported total debt of $15.74 billion. According to the earnings report, the company had a lower net income in the recent quarter than it did in the previous quarter. KMX’s revenue fell -31.08% to $8.14 billion during the quarter, while net income inched up to $6.51 billion. While analysts expected CarMax Inc. to report $0.7 quarterly earnings, the actual figure was $0.24 per share, beating the consensus estimate by -65.70%. During the quarter, the company generated $144.53 million in EBITDA. The liabilities of CarMax Inc. were 20.45 billion at the end of its most recent quarter ended November 29, and its total debt was $18.97 billion. The value of shareholders’ equity is $158.02 million.
This quick technical analysis looks at CarMax Inc.’s (KMX) price momentum. With a historical volatility rate of 33.60%, the RSI 9-day stood at 18.25% on 17 March.
With respect to its five-day moving average, the current CarMax Inc. price is down by -11.72% percent or -$7.47. At present, KMX shares trade -24.30% below its 20-day simple moving average and +1.02% percent above its 100-day simple moving average. However, the stock is currently trading approximately -13.61% below its SMA50 and -43.33% below its SMA200.
Stochastic coefficient K was 7.59% and Stochastic coefficient D was 9.71%, while ATR was 2.87. Given the Stochastic reading of 2.07% for the 14-day period, the RSI (14) reading has been calculated as 25.91%. As of today, the MACD Oscillator reading stands at -4.80, while the 14-day reading stands at -7.01.
CarMax Inc. (KMX) has been rated Overweight by analysts. According to 2 brokerage firms, KMX is a sell, and 8 firms recommend it is a Hold. There are 1 analyst who say the stock is underweight. A total of 1 analyst rate CarMax Inc. stock as buy, with 8 recommending it as overweight.
With a median target price of $65.00, the current consensus forecast for the stock is $26.00 – $81.00. Based on these forecasts, analysts predict CarMax Inc. (KMX) will achieve an average price target of $61.00.