At the time of writing, Carmax Inc [KMX] stock is trading at $84.91, up 1.45%. It is a good measure of the stock’s recent performance to check whether the stock’s short-term value is rising or falling. The KMX shares have gain 2.15% over the last week, with a monthly amount glided 4.06%, and 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 December 05, 2024, when Stephens initiated its Equal-Weight rating and assigned the stock a price target of $86. Previously, Needham upgraded its rating to Buy on March 20, 2024, and kept the price target unchanged to $99. On March 19, 2024, Mizuho initiated with a Neutral rating and assigned a price target of $80 on the stock. Wedbush upgraded its rating to a Outperform and increased its price target to $90 on September 25, 2023. Northcoast downgraded its rating to a Neutral. In a note dated January 11, 2023, JP Morgan downgraded an Underweight rating on this stock but restated the target price of $60.
For the past year, the stock price of Carmax Inc fluctuated between $65.83 and $91.25. Currently, Wall Street analysts expect the stock to reach $93 within the next 12 months. Carmax Inc [NYSE: KMX] shares were valued at $84.91 at the most recent close of the market. An investor can expect a potential return of 9.53% based on the average KMX price forecast.
Analyzing the KMX fundamentals
According to Carmax Inc [NYSE:KMX], the company’s sales were 25.98B for trailing twelve months, which represents an 1.22% jump. Gross Profit Margin for this corporation currently stands at 0.11% with Operating Profit Margin at 0.01%, 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 0.01. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 2.84.
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 83.96 points at the first support level, and at 83.01 for the second support level. However, for the 1st resistance point, the stock is sitting at 85.53, and for the 2nd resistance point, it is at 86.15.
Ratios To Look Out For
It is important to note that Carmax Inc [NYSE:KMX] has a current ratio of 2.30. Further, the Quick Ratio stands at 0.55, while the Cash Ratio is 0.13. Considering the valuation of this stock, the price to sales ratio is 0.51, the price to book ratio is 2.10 and price to earnings (TTM) ratio is 28.85.
Transactions by insiders
Recent insider trading involved Daniels Jon G, Officer, that happened on Dec 23 ’24 when 22845.0 shares were purchased. Officer, Shamim Mohammad completed a deal on Dec 23 ’24 to buy 22845.0 shares. Meanwhile, Officer Nash William D bought 0.12 million shares on Dec 23 ’24.
