Carmax Inc (NYSE: KMX) is -3.52% 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 $77.92 in the last trading session, with the day’s gains setting it 0.96%.
Currently trading at $78.88, the stock is 6.57% and -1.68% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 4.1 million and changing 1.23% at the moment leaves the stock 0.06% off its SMA200. KMX registered -9.45% loss for a year compared to 6-month gain of 2.02%. The firm has a 50-day simple moving average (SMA 50) of $80.2314 and a 200-day simple moving average (SMA200) of $78.8365.
The stock witnessed a -3.23% loss in the last 1 month and extending the period to 3 months gives it a -5.84%, and is 6.22% 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 3.57% over the week and 3.68% over the month.
Carmax Inc (KMX) has around 29836 employees, a market worth around $12.13B and $25.98B in sales. Current P/E ratio is 26.82 and Fwd P/E is 20.15. Profit margin for the company is 1.77%. Distance from 52-week low is 19.82% and -13.56% from its 52-week high. The company has generated returns on investments over the last 12 months (1.84%).
The EPS is expected to grow by 7.72% this year.
Carmax Inc (KMX) Top Institutional Holders
1016.0 institutions hold shares in Carmax Inc (KMX), with institutional investors hold 111.36% of the company’s shares. The shares outstanding are 153.91M, and float is at 153.09M with Short Float at 7.73%. Institutions hold 110.96% 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 Tuite Tyler, the company’s SVP & Chief Product Officer. SEC filings show that Tuite Tyler sold 4,869 shares of the company’s common stock on Jan 28 ’25 at a price of $84.58 per share for a total of $0.41 million. Following the sale, the insider now owns 227.0 shares.
Still, SEC filings show that on Jan 15 ’25, Mayor-Mora Enrique N (EVP & CFO) disposed off 5,000 shares at an average price of $81.43 for $0.41 million. The insider now directly holds 20,260 shares of Carmax Inc (KMX).
