Stock To Watch: CarMax Inc (NYSE:KMX)


The leading market experts have placed a mean price target of $59.13 on CarMax Inc (NYSE:KMX) stock. This price level, which is estimated to be attained in one-year indicates the mean of stock opinions given by the companies included in the First Call survey. The renowned research firms have predicted earnings of $0.70 a share for the upcoming quarter and $3.27 for the current fiscal. Technical View The technical analysis of CarMax Inc plainly substantiates that the 50-day moving average of CarMax Inc is $50.60, and stock is hovering 4.63 or +9.14% distant from $50.60. It is noted that the 200-day MA is $49.66, and CarMax Inc stock is $5.57 or +11.21% off from this point. CarMax Inc (NYSE:KMX) 52-week high is $68.80 and the 52-week low is $41.25. This explains if the stock moves $-13.57, it will post a 52-week high. In event of $+33.89% points decline, a 52-week low will be hit. Taking the Valuation Aspect To emphasize the valuation of CarMax Inc, shareholders can apply financial tool known as price-to-earnings ratio. This financial ratio assesses stock’s valuation by considering the relative expense of the stock. Following this ratio, CarMax Inc (NYSE:KMX) ratio came in at 18.05. The stock last ended the trading session at $55.23 and registered a market cap of $10.58B. To appraise firm’s growth, the shareholders take help of the Price-to-Earnings-Growth ratio. When a stock has a higher PEG ratio, it is suggestive of lower stock appreciation in approaching sessions. A stock comes in the group of undervalued stocks when its PEG ratio falls in between 0 and 1. CarMax Inc (NYSE:KMX) PEG ratio is at 1.18.

1 Chart Pattern Every Investor Should Know

This little-known pattern preceded moves of 578% in ARWR, 562% in LCI, 513% in ICPT, 439% in EGRX, 408% in ADDUS and more...

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