Carmax Inc (KMX) is 12.64% away from 50-day simple Moving Average despite all headwinds

A new trading day began on Friday, with Carmax Inc (NYSE: KMX) stock price up 1.97% from the previous day of trading, before settling in for the closing price of $84.56. KMX’s price has ranged from $65.38 to $88.22 over the past 52 weeks.

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A company in the Consumer Cyclical sector has jumped its sales by 11.17% annually for the last half of the decade. Meanwhile, its annual earnings per share averaged -1.60%. With a float of $154.22 million, this company’s outstanding shares have now reached $155.33 million.

In an organization with 29836 employees, it is important to assess its efficiency. 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 and Institutional Ownership

As we move forward, let’s examine how large-scale investors are investing in this stock of the Auto & Truck Dealerships Industry. The insider ownership of Carmax Inc is 0.45%, while institutional ownership is 107.90%. 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

According to the Wall Street analysts, stocks earnings will be around -1.60% 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

Here are Carmax Inc’s current performance indicators. According to the last quarter’s results, the 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 0.53. Likewise, its price to free cash flow for the trailing twelve months is 24.64.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 2.65, a number that is poised to hit 0.61 in the next quarter and is forecasted to reach 3.74 in one year’s time.

Technical Analysis of Carmax Inc (KMX)

Let’s dig in a bit further. During the last 5-days, its volume was 2.34 million. That was better than the volume of 1.91 million it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic %D was 75.92%. Additionally, its Average True Range was 2.06.

During the past 100 days, Carmax Inc’s (KMX) raw stochastic average was set at 96.50%, which indicates a significant decrease from 96.98% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 31.72% in the past 14 days, which was higher than the 31.60% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $76.56, while its 200-day Moving Average is $76.52. However, in the short run, Carmax Inc’s stock first resistance to watch stands at $86.81. Second resistance stands at $87.39. The third major resistance level sits at $88.17. If the price goes on to break the first support level at $85.44, it is likely to go to the next support level at $84.66. The third support level lies at $84.08 if the price breaches the second support level.

Carmax Inc (NYSE: KMX) Key Stats

With a market capitalization of 13.62 billion, the company has a total of 154,924K Shares Outstanding. Currently, annual sales are 26,536 M while annual income is 479,200 K. The company’s previous quarter sales were 7,014 M while its latest quarter income was 132,810 K.