Metric Deep Dive: Understanding Carmax Inc (KMX) Through its Ratios

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After finishing at $71.04 in the prior trading day, Carmax Inc (NYSE: KMX) closed at $71.71, up 0.94%. In other words, the price has increased by $0.94 from its previous closing price. On the day, 1.4 million shares were traded. KMX stock price reached its highest trading level at $71.94 during the session, while it also had its lowest trading level at $70.81.

Ratios:

Our goal is to gain a better understanding of KMX by taking a closer look at 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:

The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. 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 11281920000 and an Enterprise Value of 30242232320. As of this moment, Carmax’s Price-to-Earnings (P/E) ratio for their current fiscal year is 23.75, and their Forward P/E ratio for the next fiscal year is 18.93. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 1.44. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.43 while its Price-to-Book (P/B) ratio in mrq is 1.86. Its current Enterprise Value per Revenue stands at 1.072 whereas that against EBITDA is 30.373.

Stock Price History:

The Beta on a monthly basis for KMX is 1.70, which has changed by 0.00013947487 over the last 52 weeks, in comparison to a change of 0.26265144 over the same period for the S&P500. 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 -6.80%, while the 200-Day Moving Average is calculated to be -3.04%.

Shares Statistics:

The stock has traded on average 2.06M shares per day over the past 3-months and 1849190 shares per day over the last 10 days, according to various share statistics. A total of 157.61M shares are outstanding, with a floating share count of 156.62M. Insiders hold about 0.45% of the company’s shares, while institutions hold 109.69% stake in the company. Shares short for KMX as of 1714435200 were 19694337 with a Short Ratio of 9.55, compared to 1711584000 on 19122334. Therefore, it implies a Short% of Shares Outstanding of 19694337 and a Short% of Float of 14.2.

Earnings Estimates

The dynamic stock of Carmax Inc (KMX) is currently attracting attention from 9.0 analysts actively involved in rating its market status.On average, analysts expect EPS of $1.0 for the current quarter, with a high estimate of $1.18 and a low estimate of $0.73, while EPS last year was $1.16. The consensus estimate for the next quarter is $0.83, with high estimates of $1.01 and low estimates of $0.68.

Analysts are recommending an EPS of between $4.1 and $2.36 for the fiscal current year, implying an average EPS of $3.1. EPS for the following year is $3.69, with 12.0 analysts recommending between $5.09 and $2.69.

Revenue Estimates

For the next quarter, 12 analysts are estimating revenue of $6.84B. There is a high estimate of $7.23B for the next quarter, whereas the lowest estimate is $6.08B.

A total of 17 analysts have provided revenue estimates for KMX’s current fiscal year. The highest revenue estimate was $27.47B, while the lowest revenue estimate was $23.79B, resulting in an average revenue estimate of $26.08B. In the same quarter a year ago, actual revenue was $26.54BBased on 16 analysts’ estimates, the company’s revenue will be $27.14B in the next fiscal year. The high estimate is $29.11B and the low estimate is $23.8B.

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