In recent trading session, CarMax, Inc. (NYSE:KMX) saw 3,055,032 shares changing hands with its beta currently measuring 1.72. Company’s recent per share price level of $93.2 trading at -$12.73 or -12.02% at recent trade assigns it a market valuation of $15.1 Billion. That current trading price of KMX’s stock is at a discount of -17.29% from its 52-week high price of $109.31 and is indicating a premium of 59.67% from its 52-week low price of $37.59. Taking a look at company’s average trading volume for last 10-days demonstrates a volume of 1.5 Million shares which gives us an average trading volume of 1.16 Million if we extend that period to 3-months.
CarMax, Inc. (NYSE:KMX) trade information
In the face of being in the red today for losing -12.02%, in the last five days KMX remained trading in the green while hitting it’s week-highest on Wednesday, Sep 23 when the stock touched $108.85 price level, adding 12.25% to its value on the day. CarMax, Inc.’s shares saw a change of 8.95% in year-to-date performance and have moved -7.25% in past 5-day. CarMax, Inc. (NYSE:KMX) showed a performance of -12.21% in past 30-days. Number of shares sold short was 11.85 Million shares which calculate 10.22 days to cover the short interests.
CarMax, Inc. (KMX) estimates and forecasts
Statistics highlight that CarMax, Inc. is scoring comparatively lower than the scores of other players of the relevant industry. The company added +65.83% of value to its shares in past 6 months, showing an annual growth rate of -39.77% while that of industry is -5.9. Apart from that, the company came lowering its revenue forecast for fiscal year 2020. The company is estimating its revenue growth to decline by -22.9% in the current quarter and calculating -6.7% decline in the next quarter. This year revenue growth is estimated to drop -9.1% from the last financial year’s standing.
12 industry analysts have given their estimates about the company’s current quarter revenue by setting an average figure of $5.21 Billion for the same. And 12 analysts are in estimates of company making revenue of $4.96 Billion in the next quarter that will end in November 01, 2020. Company posted $5.2 Billion and $4.79 Billion of sales in current and next quarters respectively a year earlier. Analysts are expecting this quarter sales to grow by 0.1% while estimating it to be 3.5% for the next quarter.
Weighing up company’s earnings over the past 5-year and in the next 5-year periods, we find the company posting an annual earnings growth rate of 14.3% during past 5 years. In 2020, company’s earnings growth rate is likely to be around 11.2% while estimates for its earnings growth in next 5 years are of 12.4%
CarMax, Inc. (NYSE:KMX)’s Major holders
Insiders are in possession of 0.42% of company’s total shares while institution are holding 102.56% percent of that, with stock having share float percentage of 103%. Investors also watch the number of corporate investors in a company very closely, which is 832 institutions for CarMax, Inc. that are currently holding shares of the company. Vanguard Group, Inc. (The) is the top institutional holder at KMX for having 17.98 Million shares of worth $1.61 Billion. And as of June 29, 2020, it was holding 11.02% of the company’s outstanding shares.
The second largest institutional holder is Blackrock Inc., which was holding about 10.46 Million shares on June 29, 2020. The number of shares represents firm’s hold over 6.42% of outstanding shares, having a total worth of $936.94 Million.
On the other hand, Professionally Managed Portf-Akre Focus Fund and Vanguard Total Stock Market Index Fund are the top two Mutual Funds which own company’s shares. As of April 29, 2020, the former fund manager was holding 7827621 shares of worth $576.5 Million or 4.8% of the total outstanding shares. The later fund manager was in possession of 4.65 Million shares on June 29, 2020, making its stake of worth around $416.06 Million in the company or a holder of 2.85% of company’s stock.