Carmax Inc (NYSE: KMX) is 8.31% higher on its value in year-to-date trading and has touched a low of $65.83 and a high of $88.22 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The KMX stock was last observed hovering at around $85.98 in the last trading session, with the day’s loss setting it -2.86%.
Currently trading at $83.12, the stock is -0.88% and 6.50% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 3.23 million and changing -3.33% at the moment leaves the stock 8.17% off its SMA200. KMX registered 11.21% gain for a year compared to 6-month gain of 16.25%. The firm has a 50-day simple moving average (SMA 50) of $77.8312 and a 200-day simple moving average (SMA200) of $76.8266.
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The stock witnessed a 6.52% loss in the last 1 month and extending the period to 3 months gives it a 7.65%, and is -3.44% 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 1.94% over the week and 2.33% over the month.
Carmax Inc (KMX) has around 29836 employees, a market worth around $12.88B and $25.90B in sales. Current P/E ratio is 31.38 and Fwd P/E is 22.23. Profit margin for the company is 1.61%. Distance from 52-week low is 26.26% and -5.78% from its 52-week high. The company has generated returns on investments over the last 12 months (1.67%).
with sales reaching $6.05B over the same period.The EPS is expected to shrink by -1.60% this year, but quarterly earnings will post -2.07% year-over-year. Quarterly sales are estimated to shrink -1.63% in year-over-year returns.
Carmax Inc (KMX) Top Institutional Holders
1007.0 institutions hold shares in Carmax Inc (KMX), with institutional investors hold 109.60% of the company’s shares. The shares outstanding are 155.33M, and float is at 154.22M with Short Float at 9.76%. Institutions hold 109.21% 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).
