Carmax Inc (KMX) average volume reaches $1.73M: Is Wall Street expecting a rally?

On Tuesday, Carmax Inc (NYSE: KMX) opened higher 1.11% from the last session, before settling in for the closing price of $73.06. Price fluctuations for KMX have ranged from $61.73 to $88.22 over the past 52 weeks.

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Consumer Cyclical Sector giant saw their annual sales surged by 11.17% over the last five years. Company’s average yearly earnings per share was noted -2.23% at the time writing. With a float of $154.23 million, this company’s outstanding shares have now reached $157.61 million.

The firm has a total of 29836 workers. Let’s measure their productivity. In terms of profitability, gross margin is 10.11%, operating margin of 0.33%, and the pretax margin is 2.16%.

Carmax Inc (KMX) Insider Activity

A key investor’s attitude towards the stock of the Auto & Truck Dealerships industry is another important factor to consider. The insider ownership of Carmax Inc is 0.45%, while institutional ownership is 110.48%. The most recent insider transaction that took place on Jul 29 ’24, was worth 1,002,240. In this transaction VP, Controller & PAO of this company sold 12,000 shares at a rate of $83.52, taking the stock ownership to the 9,448 shares. Before that another transaction happened on Jul 26 ’24, when Company’s EVP and CITO sold 25,000 for $82.26, making the entire transaction worth $2,056,500. This insider now owns 11,738 shares in total.

Carmax Inc (KMX) Earnings and Forecasts

If we go through the results of last quarter, which was made public on 8/31/2024, the company posted 0.52 earnings per share (EPS) for the quarter, besting the agreed prediction (set at 0.44) by 0.08. Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.52 per share during the current fiscal year.

According to the Wall Street analysts, stocks earnings will be around -2.23% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 15.00% during the next five years compared to -8.81% drop over the previous five years of trading.

Carmax Inc (NYSE: KMX) Trading Performance Indicators

Check out the current performance indicators for Carmax Inc (KMX). In the past quarter, the stock posted a quick ratio of 0.68. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.44. Likewise, its price to free cash flow for the trailing twelve months is 20.70.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 2.65, a number that is poised to hit 0.60 in the next quarter and is forecasted to reach 3.73 in one year’s time.

Technical Analysis of Carmax Inc (KMX)

Analysing the last 5-days average volume posted by the [Carmax Inc, KMX], we can find that recorded value of 1.26 million was lower than the volume posted last year of 1.9 million. As of the previous 9 days, the stock’s Stochastic %D was 40.13%. Additionally, its Average True Range was 1.94.

During the past 100 days, Carmax Inc’s (KMX) raw stochastic average was set at 31.15%, which indicates a significant decrease from 62.44% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 25.14% in the past 14 days, which was lower than the 32.34% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $76.14, while its 200-day Moving Average is $75.60. Now, the first resistance to watch is $74.56. This is followed by the second major resistance level at $75.26. The third major resistance level sits at $76.52. If the price goes on to break the first support level at $72.60, it is likely to go to the next support level at $71.34. Should the price break the second support level, the third support level stands at $70.64.

Carmax Inc (NYSE: KMX) Key Stats

There are currently 154,924K shares outstanding in the company with a market cap of 11.44 billion. Presently, the company’s annual sales total 26,536 M according to its annual income of 479,200 K. Last quarter, the company’s sales amounted to 7,014 M and its income totaled 132,810 K.