CarMax Inc (KMX) has been under a strong bear grip, hence the stock is down -2.75% when compared to the S&P 500 in the past 4 weeks. However, in the near-term, buying emerged at lower levels and the stock has outperformed the S&P 500 by 1.76% in the past 1 week. The stock has risen by 2.3% in the past week indicating that the buyers are active at lower levels, but the stock is down -4.72% in the past 4 weeks.
The stock has recorded a 20-day Moving Average of 3.51% and the 50-Day Moving Average is 1.95%.The 200 Day SMA reached 8.3% CarMax Inc. is up 12.73% in the last 3-month period. Year-to-Date the stock performance stands at 4.69%.
CarMax Inc (KMX) has been rated by 9 research analysts. Fundamentally, the highest shorterm price forecast for the stock is expected to reach $70 and the lowest price target forecast is $52. The average forecast of all the analysts is $61.56 and the expected standard deviation is $6.67.
For the current week, the company shares have a recommendation consensus of Buy. CarMax Inc (NYSE:KMX): stock was range-bound between the intraday low of $55.89 and the intraday high of $56.76 after having opened at $56.61 on Fridays session. The stock finally closed in the red at $56.61, a loss of -0.70%. The stock remained in the red for the whole trading day. The total traded volume was 4,607,136 shares. The stock failed to cross $56.76 in Fridays trading. The stocks closing price on Thursday was $56.9.
CarMax, Inc. (CarMax) is a holding company engaged in providing used vehicles and related products and services. The Company operates through two business segments: CarMax Sales Operations and CarMax Auto Finance (CAF). The Companys CarMax Sales Operations segment consists of all aspects of its auto merchandising and service operations, excluding financing provided by CAF. The CarMax Sales Operations segment sells used vehicles, purchases used vehicles from customers and other sources, sells related products and services, and arranges financing options for customers. The Companys CAF segment consists of its own finance operation that provides vehicle financing through CarMax stores. The CAF products and services include retail merchandising, wholesale auctions, extended protection plans (EPPs), reconditioning and service, and customer credit.