Carmax Inc [KMX] stock prices are up 3.21% to $74.31 at the moment. Until recently, the best way to gauge how the stock has performed was to look at its short-term value. The KMX shares have gain 3.29% over the last week, with a monthly amount drifted -3.89%, and not seem to be holding up well over a long-time horizon.
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From an analyst’s perspective:
Carmax Inc [NYSE: KMX] stock has seen the most recent analyst activity on March 20, 2024, when Needham upgraded its rating to a Buy but kept the price target unchanged to $99 for it. Previously, Mizuho started tracking the stock with Neutral rating on March 19, 2024, and set its price target to $80. On September 25, 2023, upgrade upgraded it’s rating to Outperform and revised its price target to $90 on the stock. Northcoast downgraded its rating to a Neutral. JP Morgan downgraded its rating to Underweight for this stock on January 11, 2023, but kept the price target unchanged to $60. In a note dated January 05, 2023, Argus downgraded an Hold rating on this stock.
The stock price of Carmax Inc [KMX] has been fluctuating between $59.66 and $88.22 over the past year. Currently, Wall Street analysts expect the stock to reach $218 within the next 12 months. Carmax Inc [NYSE: KMX] shares were valued at $74.31 at the most recent close of the market. An investor can expect a potential return of 193.37% based on the average KMX price forecast.
Analyzing the KMX fundamentals
The Carmax Inc [NYSE:KMX] reported sales of 25.90B for trailing twelve months, representing a drop of -0.85%. Gross Profit Margin for this corporation currently stands at 0.1% with Operating Profit Margin at 0.0%, Pretax Profit Margin comes in at 0.02%, and Net Profit Margin reading is 0.02%. To continue investigating profitability, this company’s Return on Assets is posted at 0.02, Equity is 0.07 and Total Capital is 0.0. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of3.11.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 73.34 points at the first support level, and at 72.37 for the second support level. However, for the 1st resistance point, the stock is sitting at 74.82, and for the 2nd resistance point, it is at 75.33.
Ratios To Look Out For
It’s worth pointing out that Carmax Inc [NYSE:KMX]’s Current Ratio is 2.25. As well, the Quick Ratio is 0.68, while the Cash Ratio is 0.24. Considering the valuation of this stock, the price to sales ratio is 0.44, the price to book ratio is 1.87 and price to earnings (TTM) ratio is 28.05.
Transactions by insiders
Recent insider trading involved Livesay Jill A, VP, Controller & PAO, that happened on Jul 29 ’24 when 12000.0 shares were sold. EVP and CITO, Shamim Mohammad completed a deal on Jul 26 ’24 to sell 25000.0 shares. Meanwhile, Officer Shamim Mohammad bought 25000.0 shares on Jul 26 ’24.
