Carmax Inc (NYSE: KMX) is -4.80% lower on its value in year-to-date trading and has touched a low of $61.73 and a high of $88.22 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The KMX stock was last observed hovering at around $72.30 in the last trading session, with the day’s gains setting it 0.76%.
Currently trading at $73.06, the stock is 0.24% and -4.33% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.25 million and changing 1.05% at the moment leaves the stock -3.34% off its SMA200. KMX registered 14.80% gain for a year compared to 6-month gain of 4.99%. The firm has a 50-day simple moving average (SMA 50) of $76.618 and a 200-day simple moving average (SMA200) of $75.5659.
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The stock witnessed a -0.04% loss in the last 1 month and extending the period to 3 months gives it a -3.05%, and is -1.68% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 2.58% over the week and 2.27% over the month.
Carmax Inc (KMX) has around 29836 employees, a market worth around $11.31B and $25.90B in sales. Current P/E ratio is 27.58 and Fwd P/E is 19.56. Profit margin for the company is 1.61%. Distance from 52-week low is 18.35% and -17.18% from its 52-week high. The company has generated returns on investments over the last 12 months (1.67%).
The EPS is expected to shrink by -2.23% this year.
Carmax Inc (KMX) Top Institutional Holders
966.0 institutions hold shares in Carmax Inc (KMX), with institutional investors hold 112.01% of the company’s shares. The shares outstanding are 157.61M, and float is at 154.23M with Short Float at 11.34%. Institutions hold 111.61% of the Float.
The top institutional shareholder in the company is VANGUARD GROUP INC with over 18.28 million shares valued at $1.34 billion. The investor’s holdings represent 11.629% of the KMX Shares outstanding. As of 2024-06-30, the second largest holder is BLACKROCK INC. with 11.16 million shares valued at $818.52 million to account for 7.1014 of the shares outstanding. The other top investors are PRINCIPAL FINANCIAL GROUP INC which holds 8.38 million shares representing 5.3353% and valued at over $614.95 million, while DIAMOND HILL CAPITAL MANAGEMENT INC holds 4.2651 of the shares totaling 6.7 million with a market value of $491.6 million.
Carmax Inc (KMX) Insider Activity
The most recent transaction is an insider sale by Livesay Jill A, the company’s VP, Controller & PAO. SEC filings show that Livesay Jill A sold 12,000 shares of the company’s common stock on Jul 29 ’24 at a price of $83.52 per share for a total of $1.0 million. Following the sale, the insider now owns 9448.0 shares.
Carmax Inc disclosed in a document filed with the SEC on Jul 26 ’24 that Shamim Mohammad (EVP and CITO) sold a total of 25,000 shares of the company’s common stock. The trade occurred on Jul 26 ’24 and was made at $82.26 per share for $2.06 million. Following the transaction, the insider now directly holds 11738.0 shares of the KMX stock.
Still, SEC filings show that on Jul 26 ’24, Shamim Mohammad (Officer) Proposed Sale 25,000 shares at an average price of $82.26 for $2.06 million. The insider now directly holds shares of Carmax Inc (KMX).
