Can Carmax Inc’s (KMX) drop of -1.81% in a week be considered a lucky break?

Carmax Inc (NYSE: KMX) kicked off on Tuesday, down -2.33% from the previous trading day, before settling in for the closing price of $77.10. Over the past 52 weeks, KMX has traded in a range of $62.90-$88.22.

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It was noted that within the last five years, the titan of the Consumer Cyclical sector saw sales topped by 11.17%. While this was happening, its average annual earnings per share was recorded -2.23%. With a float of $154.22 million, this company’s outstanding shares have now reached $157.61 million.

The extent of productivity of a business whose workforce counts for 29836 workers is very important to gauge. In terms of profitability, gross margin is 10.11%, operating margin of 0.78%, and the pretax margin is 2.16%.

Carmax Inc (KMX) Insider and Institutional Ownership

Our next focus will be how large-scale investors are participating in this stock of the Auto & Truck Dealerships Industry. The insider ownership of Carmax Inc is 0.45%, while institutional ownership is 107.85%. 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) Latest Financial update

In the latest quarterly report, which was put into the public domain on 8/31/2024, the organization reported 0.52 earnings per share (EPS), higher than consensus estimate (set at 0.41) by 0.11. 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

Take a look at Carmax Inc’s (KMX) current performance indicators. Last quarter, stock had a quick ratio of 0.68. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.45. Likewise, its price to free cash flow for the trailing twelve months is 21.10.

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)

The latest stats from [Carmax Inc, KMX] show that its last 5-days average volume of 1.7 million was inferior to 1.89 million than last year’s volume. As of the previous 9 days, the stock’s Stochastic %D was 46.44%. Additionally, its Average True Range was 1.96.

During the past 100 days, Carmax Inc’s (KMX) raw stochastic average was set at 31.71%, which indicates a significant decrease from 43.14% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 26.09% in the past 14 days, which was lower than the 32.84% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $75.07, while its 200-day Moving Average is $75.90. Now, the first resistance to watch is $75.96. This is followed by the second major resistance level at $76.62. The third major resistance level sits at $77.42. If the price goes on to break the first support level at $74.50, it is likely to go to the next support level at $73.70. The third support level lies at $73.04 if the price breaches the second support level.

Carmax Inc (NYSE: KMX) Key Stats

The company with the Market Capitalisation of 11.67 billion has total of 154,924K Shares Outstanding. Its annual sales at the moment are 26,536 M in contrast with the sum of 479,200 K annual income. Company’s last quarter sales were recorded 7,014 M and last quarter income was 132,810 K.