Stock To Watch: CarMax Inc (NYSE:KMX)


The leading market experts have placed a mean price target of $61.19 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 $3.28 for the current fiscal.

Technical View

The technical analysis of CarMax Inc plainly substantiates that the 50-day moving average of CarMax Inc is $57.72, and stock is trading $1.68 points away or +2.90% from its 50-day moving average of $57.72. Further it is trading $7.04 or +13.44% away its 200-day moving average of $52.36. CarMax Inc (NYSE:KMX) 52-week high is $62.96 and the 52-week low is $41.25.

This explains if the stock moves $-3.56, it will post a 52-week high. In event of +44.00% 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 19.41.

The stock last ended the trading session at $59.40 and registered a market cap of $11.37B. 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 1.24.

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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