Carmax Inc (NYSE: KMX) is -3.45% lower on its value in year-to-date trading and has touched a low of $65.83 and a high of $91.25 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 $79.65 in the last trading session, with the day’s loss setting it -0.71%.
Currently trading at $78.94, the stock is -3.06% and -3.10% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.48 million and changing -0.89% at the moment leaves the stock 2.95% off its SMA200. KMX registered 16.36% gain for a year compared to 6-month gain of -3.52%. The firm has a 50-day simple moving average (SMA 50) of $81.4668 and a 200-day simple moving average (SMA200) of $76.67625.
The stock witnessed a -8.19% loss in the last 1 month and extending the period to 3 months gives it a 5.52%, and is 0.77% up 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 2.78% over the month.
Carmax Inc (KMX) has around 29836 employees, a market worth around $12.14B and $25.98B in sales. Current P/E ratio is 26.84 and Fwd P/E is 20.27. Profit margin for the company is 1.77%. Distance from 52-week low is 19.91% and -13.49% from its 52-week high. The company has generated returns on investments over the last 12 months (1.84%).
with sales reaching $5.91B over the same period.The EPS is expected to grow by 6.14% this year, but quarterly earnings will post -1.17% year-over-year. Quarterly sales are estimated to grow 4.96% in year-over-year returns.
Carmax Inc (KMX) Top Institutional Holders
1008.0 institutions hold shares in Carmax Inc (KMX), with institutional investors hold 109.61% of the company’s shares. The shares outstanding are 153.91M, and float is at 153.10M with Short Float at 8.60%. Institutions hold 109.22% 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 Mayor-Mora Enrique N, the company’s EVP & CFO. SEC filings show that Mayor-Mora Enrique N sold 5,000 shares of the company’s common stock on Jan 15 ’25 at a price of $81.43 per share for a total of $0.41 million. Following the sale, the insider now owns 20260.0 shares.
Carmax Inc disclosed in a document filed with the SEC on Jan 15 ’25 that Livesay Jill A (VP, Controller & PAO) sold a total of 13,009 shares of the company’s common stock. The trade occurred on Jan 15 ’25 and was made at $81.00 per share for $1.05 million. Following the transaction, the insider now directly holds 9448.0 shares of the KMX stock.
Still, SEC filings show that on Jan 15 ’25, Mayor-Mora Enrique N (Officer) Proposed Sale 5,000 shares at an average price of $81.43 for $0.41 million. The insider now directly holds shares of Carmax Inc (KMX).
