Carmax Inc (KMX) stock price forecast predicts $92.5 value

A share price of Carmax Inc [KMX] is currently trading at $84.53, up 2.18%. An important factor to consider is whether the stock is rising or falling in short-term value. The KMX shares have gain 7.08% over the last week, with a monthly amount glided 0.99%, and seem to be holding up well over a long-time horizon.

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.

Carmax Inc experienced fluctuations in its stock price throughout the past year between $65.83 and $91.25. Currently, Wall Street analysts expect the stock to reach $92.5 within the next 12 months. Carmax Inc [NYSE: KMX] shares were valued at $84.53 at the most recent close of the market. An investor can expect a potential return of 9.43% based on the average KMX price forecast.

Analyzing the KMX fundamentals

Trailing Twelve Months sales for Carmax Inc [NYSE:KMX] were 25.98B which represents 1.22% growth. Gross Profit Margin for this corporation currently stands at 0.1% with Operating Profit Margin at 0.03%, 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 0.03. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of2.84.

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 83.16 points at the first support level, and at 81.79 for the second support level. However, for the 1st resistance point, the stock is sitting at 85.49, and for the 2nd resistance point, it is at 86.45.

Ratios To Look Out For

To put it in perspective, the Current Ratio for Carmax Inc [NYSE:KMX] is 2.30. On the other hand, the Quick Ratio is 0.55, and the Cash Ratio is 0.13. Considering the valuation of this stock, the price to sales ratio is 0.50, the price to book ratio is 2.09 and price to earnings (TTM) ratio is 28.74.

Transactions by insiders

Recent insider trading involved Mayor-Mora Enrique N, EVP & CFO, that happened on Jan 15 ’25 when 5000.0 shares were sold. VP, Controller & PAO, Livesay Jill A completed a deal on Jan 15 ’25 to sell 13009.0 shares. Meanwhile, Officer Mayor-Mora Enrique N bought 5000.0 shares on Jan 15 ’25.

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