The price of Carmax Inc (NYSE:KMX) shares last traded on Wall Street fell -17.00% to $66.45.
KMX stock price is now -16.14% away from the 50-day moving average and -15.87% away from the 200-day moving average. The market capitalization of the company currently stands at $10.22B.
With the price target enhanced from $86 to $90, Stephens Upgraded its rating from Equal-Weight to Overweight for Carmax Inc (NYSE: KMX). On February 06, 2025, Evercore ISI Upgraded its previous ‘In-line’ rating to ‘Outperform’ on the stock increasing its target price from $90 to quote $110, while ‘Stephens’ rates the stock as ‘Equal-Weight’
In other news, Tuite Tyler, SVP & Chief Product Officer sold 4,869 shares of the company’s stock on Jan 28 ’25. The stock was sold for $411,820 at an average price of $84.58. Upon completion of the transaction, the SVP & Chief Product Officer now directly owns 227 shares in the company, valued at $15084.15. An SEC document containing details of the transaction can be found on the SEC’s website. On Jan 28 ’25, Officer Tuite Tyler bought 4,869 shares of the business’s stock. A total of $411,809 was incurred on buying the stock at an average price of $84.58. A total of 0.46% of the company’s stock is owned by insiders.
During the past 12 months, Carmax Inc has had a low of $65.83 and a high of $91.25. As of last week, the company has a debt-to-equity ratio of 3.13, a current ratio of 2.30, and a quick ratio of 0.55.
The net profit margin was 1.77% and return on equity was 7.52% for KMX. The company reported revenue of $6.22 billion for the quarter, compared to $6.15 billion a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 1.22 percent.
