The pursuit of market outperformance leads investors to the practice of hand-picking stocks. Skillful choices can be a catalyst for significant wealth enhancement.
As of close of business last night, Carmax Inc’s stock clocked out at $69.22, down -1.49% from its previous closing price of $70.27. In other words, the price has decreased by -$1.49 from its previous closing price. On the day, 2.81 million shares were traded. KMX stock price reached its highest trading level at $69.56 during the session, while it also had its lowest trading level at $67.65.
Ratios:
To gain a deeper understanding of KMX’s stock, we examine its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 0.67 and its Current Ratio is at 2.26. In the meantime, Its Debt-to-Equity ratio is 3.22 whereas as Long-Term Debt/Eq ratio is at 3.07.
On March 19, 2024, Mizuho started tracking the stock assigning a Neutral rating and target price of $80.
Wedbush Upgraded its Neutral to Outperform on September 25, 2023, whereas the target price for the stock was revised from $85 to $90.
Insider Transactions:
Investing in insider trades can also provide an investor with insight into how management views future stock prices. A recent insider transaction in this stock occurred on Apr 23 ’24 when Cafritz Diane L sold 15,356 shares for $69.53 per share. The transaction valued at 1,067,703 led to the insider holds 6,977 shares of the business.
Livesay Jill A sold 14,199 shares of KMX for $1,006,567 on Jan 29 ’24. The VP, Controller & PAO now owns 9,068 shares after completing the transaction at $70.89 per share. On Jan 26 ’24, another insider, Cafritz Diane L, who serves as the EVP, General Counsel & CCO of the company, sold 22,000 shares for $70.08 each. As a result, the insider received 1,541,760 and left with 5,073 shares of the company.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, KMX now has a Market Capitalization of 10894397440 and an Enterprise Value of 29850337280. As of this moment, Carmax’s Price-to-Earnings (P/E) ratio for their current fiscal year is 22.93, and their Forward P/E ratio for the next fiscal year is 18.28. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 1.39. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.41 while its Price-to-Book (P/B) ratio in mrq is 1.80. Its current Enterprise Value per Revenue stands at 1.058 whereas that against EBITDA is 29.979.
Stock Price History:
Over the past 52 weeks, KMX has reached a high of $88.22, while it has fallen to a 52-week low of $59.66. The 50-Day Moving Average of the stock is -11.10%, while the 200-Day Moving Average is calculated to be -7.43%.
Shares Statistics:
It appears that KMX traded 2.03M shares on average per day over the past three months and 2649970 shares per day over the past ten days. A total of 157.61M shares are outstanding, with a floating share count of 156.67M. Insiders hold about 0.45% of the company’s shares, while institutions hold 108.55% stake in the company. Shares short for KMX as of 1713139200 were 21087750 with a Short Ratio of 10.39, compared to 1710460800 on 18363415. Therefore, it implies a Short% of Shares Outstanding of 21087750 and a Short% of Float of 13.44.
