The price of Carmax Inc (NYSE: KMX) closed at $83.62 in the last session, down -0.23% from day before closing price of $83.81. In other words, the price has decreased by -$0.19 from its previous closing price. On the day, 2722475 shares were traded.
Ratios:
We take a closer look at KMX’s different ratios to gain a better understanding of the stock. For the most recent quarter (mrq), Quick Ratio is recorded 0.71 and its Current Ratio is at 2.45. In the meantime, Its Debt-to-Equity ratio is 3.26 whereas as Long-Term Debt/Eq ratio is at 3.12.
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:
An investor can also benefit from insider trades by learning what management is thinking about the future direction of stock prices. A recent insider transaction in this stock occurred on Jan 29 ’24 when Livesay Jill A sold 14,199 shares for $70.89 per share. The transaction valued at 1,006,567 led to the insider holds 9,068 shares of the business.
Cafritz Diane L sold 22,000 shares of KMX for $1,541,760 on Jan 26 ’24. The EVP, General Counsel & CCO now owns 5,073 shares after completing the transaction at $70.08 per share. On Jan 23 ’24, another insider, Cafritz Diane L, who serves as the EVP, General Counsel & CCO of the company, sold 2,730 shares for $70.54 each. As a result, the insider received 192,574 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 13.24B and an Enterprise Value of 32.12B. As of this moment, Carmax’s Price-to-Earnings (P/E) ratio for their current fiscal year is 26.66, and their Forward P/E ratio for the next fiscal year is 23.87. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 1.62. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.50 while its Price-to-Book (P/B) ratio in mrq is 2.19. Its current Enterprise Value per Revenue stands at 1.21 whereas that against EBITDA is 19.93.
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 77.82, while the 200-Day Moving Average is calculated to be 75.20.
Shares Statistics:
According to the various share statistics, KMX traded on average about 1.70M shares per day over the past 3-months and 1.85M shares per day over the past 10 days. A total of 158.08M shares are outstanding, with a floating share count of 157.22M. Insiders hold about 0.44% of the company’s shares, while institutions hold 108.81% stake in the company. Shares short for KMX as of Mar 15, 2024 were 18.36M with a Short Ratio of 10.79, compared to 18.24M on Feb 15, 2024. Therefore, it implies a Short% of Shares Outstanding of 11.63% and a Short% of Float of 11.67%.
Earnings Estimates
The company has 10 analysts who recommend its stock at the moment. On average, analysts expect EPS of $0.47 for the current quarter, with a high estimate of $0.54 and a low estimate of $0.36, while EPS last year was $0.44. The consensus estimate for the next quarter is $1.22, with high estimates of $1.32 and low estimates of $1.05.
Analysts are recommending an EPS of between $3.05 and $2.71 for the fiscal current year, implying an average EPS of $2.89. EPS for the following year is $3.5, with 14 analysts recommending between $4.1 and $2.34.
Revenue Estimates
According to 13 analysts, the current quarter’s revenue is expected to be $5.79B. It ranges from a high estimate of $6.21B to a low estimate of $5.49B. As of the current estimate, Carmax Inc’s year-ago sales were $5.72B, an estimated increase of 1.10% from the year-ago figure.
A total of 17 analysts have provided revenue estimates for KMX’s current fiscal year. The highest revenue estimate was $27.24B, while the lowest revenue estimate was $26.4B, resulting in an average revenue estimate of $26.76B. In the same quarter a year ago, actual revenue was $29.68B, down -9.90% from the average estimate. Based on 17 analysts’ estimates, the company’s revenue will be $27.2B in the next fiscal year. The high estimate is $29.94B and the low estimate is $24.86B. The average revenue growth estimate for next year is up 1.60% from the average revenue estimate for this year.
