Carmax Inc (KMX) Stock Forecast & Predictions

Carmax Inc KMX: $144.42

12800 Tuckahoe Creek Pkwy, Richmond, Virginia, US. | Sector: Retail Trade | Exchange: NEW YORK STOCK EXCHANGE INC. | Web: www.carmax.com

  • Market Cap$23.53B
  • Change (52 Weeks)53.59%
  • Low (52 Weeks)$84.7
  • Carmax Inc (KMX) Forecast Based on Technical Analysis


    Neutral
    Based on 16 Technical Indicators where 31.25% are on Buy, 18.75% on Sell, and 50.00% Neutral.

    According to the market data, Carmax Inc (KMX) stock price is $144.42 and the 52 weeks low is $84.7, which means the Carmax Inc stock price is up 53.59% in the last 12 months.

    Carmax Inc (KMX) Stock Price is not Trending currently as per the Weekly Chart, which means the price may range between specific high and low levels for the next few months, unless some significant changes take place in the market performance or news.

    Technical Indicators are algorithms that are used mostly by Technical traders to predict the price action of a stock.

    Based on our analysis of 16 technical indicators, 31.25% are indicating that KMX Stock price might rise further, 18.75% indicating that KMX Stock price might fall, and 50.00% are in a neutral position.

    Based on these technical algorithms, overall KMX stock price has a Neutral Signal, which means the stock price has the potential to move either up or down, depending on the nature of consolidating market phase, since majority of indicators are providing a neutral signal.

    Carmax Inc (KMX) Stock Forecast By Analysts


    Moderate Buy
    Analysts Recommendations for Carmax Inc (KMX) is based on 21 Institutional Analyst Ratings where 33.33% are on Strong Buy, 42.86% on Moderate Buy, 19.05% remains on Hold, 0.00% are on Moderate Sell and 4.76% are on Strong Sell.

    Out of 21 Institutional Analysts, majority recommended KMX stock as Moderate Buy. Since most investors and traders follow analyst ratings closely, this can be a potentially driving factor for the future stock price of Carmax Inc.

    Carmax Inc (KMX) Stock Price Prediction By Analysts


    HighLowAverage
    $210.00$75.75$152.44
    $152.445.56% Upside
    Updated: 2021-09-19 00:00:00

    The Average Price target for KMX set by the institutional analysts is $152.44 where High Estimate is $210.00, Median $158.1 and Low $75.75.

    The average price target for KMX by Institutional Analysts is $152.44, which is 5.56% Upside from the current price. So according to the Institutional Analysts, KMX Stock might be a bit undervalued at this stage and there’s potential for upside.

    However, although Institutional Analysts set their price targets after extensive research, they’re not always correct. After all, the market is mostly driven by investors speculation and emotion than just concrete numbers.

    Carmax Inc (KMX) Stock Forecast Based on Investor Sentiment


    Very Positive

    Based on 479,658 investor portfolio.

    Our algorithm has analysed 479,658 investor portfolio with KMX stock holdings and found that 99.50% of them are bullish. Which means the Investor Sentiment is mostly Very Positive.

    This shows most investors are very optimistic about KMX and holding their positions hoping for a further rise in the stock price and more profit.

    Carmax Inc (KMX) Stock Forecasts By Institutional Analysts


    Analyst
    Recommendation
    Action
    B of A SecuritiesBuyMaintained
    Stephens & Co.OverweightMaintained
    RBC CapitalOutperformMaintained
    JP MorganNeutralMaintained
    BairdOutperformMaintained
    WedbushNeutralDowngraded
    OppenheimerOutperformMaintained
    RBC CapitalOutperformMaintained
    Seaport GlobalNeutralDowngraded
    WedbushOutperformMaintained
    Morgan StanleyOverweightMaintained
    JP MorganNeutralDowngraded
    B of A SecuritiesBuyMaintained
    Seaport GlobalBuyInitiated
    B of A SecuritiesBuyMaintained
    Morgan StanleyOverweightMaintained
    B of A SecuritiesBuyMaintained
    WedbushOutperformMaintained
    OppenheimerOutperformMaintained
    RBC CapitalOutperformMaintained
    Morgan StanleyOverweightMaintained
    JP MorganOverweightInitiated
    WedbushOutperformUpgraded
    WedbushNeutralMaintained
    WedbushNeutralMaintained
    Stephens & Co.OverweightMaintained
    RBC CapitalOutperformMaintained
    OppenheimerOutperformMaintained
    Morgan StanleyOverweightMaintained
    Credit SuisseOutperformMaintained
    CFRAStrong BuyMaintained
    Morgan StanleyOverweightMaintained
    Evercore ISI GroupOutperformInitiated
    Argus ResearchBuyMaintained
    Credit SuisseOutperformMaintained
    WedbushNeutralMaintained
    Morgan StanleyOverweightMaintained
    RBC CapitalOutperformMaintained
    BuckinghamNeutralMaintained
    OppenheimerOutperformMaintained
    Morgan StanleyOverweightMaintained
    Stephens & Co.OverweightMaintained
    GuggenheimBuyMaintained
    BuckinghamNeutralMaintained
    Morgan StanleyOverweightMaintained
    Bank of AmericaBuyMaintained
    Northcoast ResearchNeutralDowngraded
    Buckingham ResearchNeutralDowngraded
    BairdOutperformMaintained
    RBC CapitalOutperformMaintained
    Morgan StanleyOverweightMaintained
    Credit SuisseOutperformMaintained
    Stephens & Co.OverweightUpgraded
    BuckinghamBuyMaintained
    WedbushNeutralDowngraded
    BairdOutperformUpgraded
    Morgan StanleyOverweightUpgraded
    WedbushOutperformMaintained
    GuggenheimNeutralDowngraded
    BuckinghamNeutralDowngraded
    BairdNeutralMaintained
    GuggenheimBuyInitiated
    Credit SuisseOutperformMaintained
    Deutsche BankHoldMaintained
    BuckinghamBuyUpgraded
    Bank of AmericaBuyMaintained
    OppenheimerOutperformUpgraded
    BerenbergBuyUpgraded
    Moffett NathansonNeutralInitiated
    Deutsche BankHoldDowngraded
    OppenheimerPerformDowngraded
    BerenbergHoldInitiated
    Credit SuisseOutperformMaintained
    BuckinghamNeutralMaintained
    SusquehannaNeutralDowngraded
    RBC CapitalOutperformUpgraded
    SusquehannaPositiveMaintained
    Morgan StanleyUnderweightDowngraded
    Deutsche BankBuyUpgraded
    Deutsche BankHoldMaintained
    Buckingham ResearchNeutralDowngraded
    BairdNeutralMaintained
    SusquehannaPositiveInitiated
    Deutsche BankHoldMaintained
    Morgan StanleyEqual-WeightMaintained
    Sterne Agee CRTNeutralDowngraded
    Wolfe ResearchUnderperformDowngraded
    Northcoast ResearchNeutralDowngraded
    Deutsche BankHoldMaintained
    OppenheimerOutperformUpgraded
    Goldman SachsBuyMaintained
    OppenheimerPerformDowngraded
    Goldman SachsBuyMaintained
    Goldman SachsBuyUpgraded
    SunTrust Robinson HumphreyNeutralInitiated
    Sterne Agee CRTBuyInitiated
    Stifel NicolausBuyMaintained
    Evercore ISI GroupBuyInitiated
    BairdNeutralDowngraded
    Morgan StanleyEqual-weightDowngraded
    Bank of AmericaBuyMaintained
    KeyBancBuyInitiated
    William BlairOutperformUpgraded
    WedbushNeutralInitiated
    Deutsche BankHoldMaintained
    Goldman SachsNeutralDowngraded
    Goldman SachsBuyMaintained
    Deutsche BankHoldMaintained
    NomuraBuyMaintained
    William BlairMarket PerformDowngraded
    NomuraBuyInitiated
    Stifel NicolausBuyMaintained
    Goldman SachsBuyMaintained
    Stifel NicolausBuyMaintained
    Goldman SachsBuyMaintained
    Deutsche BankHoldMaintained
    Goldman SachsUpgraded
    Credit SuisseOutperformUpgraded
    Bank of AmericaBuyMaintained
    Goldman SachsNeutralMaintained
    Morgan StanleyOverweightInitiated
    Deutsche BankHoldMaintained
    Goldman SachsNeutralMaintained
    Bank of AmericaBuyMaintained
    BGB SecuritiesBuyMaintained

    Carmax Inc (KMX) Stock Earning Per Share (EPS) Forecast / Estimate


    $1.438
    The average consensus EPS for KMX is $1.438 with a high estimate of $1.732 and Low of $1.068 for the period 2021-12-31 and based on 14 Institutional Analysts.

    Last Quarter


    Actual
    Estimate
    Date
    $$1.86428830000000012022-06-30


    Earning Per Share (EPS) History


    Actual
    Estimate
    Date
    $$1.43841169999999982022-09-30
    $$1.86428830000000012022-06-30
    $2.63$1.65051169999999982022-03-31
    $1.27$1.26805500000000022021-12-31
    $1.42$1.14728930000000022021-09-30
    $1.79$1.08947692021-06-30
    $-0.15$0.03751142021-03-31
    $1.3$1.14194640000000012020-12-31
    $1.04$1.16734790000000022020-09-30
    $1.4$1.34012862020-06-30
    $1.59$1.50273862020-03-31
    $1.13$1.048382019-12-31
    $1.09$1.01269672019-09-30
    $1.24$1.22689752019-06-30
    $1.33$1.24741062019-03-31
    $0.77$0.87933630000000012018-12-31
    $0.81$0.81444379999999992018-09-30
    $0.98$0.95593472018-06-30
    $1.13$0.98514392018-03-31
    $0.81$0.79561742017-12-31
    $0.72$0.70889879999999992017-09-30
    $0.88$0.88939592017-06-30
    $0.9$0.93216942017-03-31
    $0.74$0.71429219999999992016-12-31
    $0.63$0.68520422016-09-30
    $0.82$0.76225712016-06-30
    $0.86$0.86384292016-03-31
    $0.67$0.60808060000000012015-12-31
    $0.6$0.54331942015-09-30
    $0.64$0.67966942015-06-30
    $0.76$0.67236712015-03-31
    $0.52$0.53664329999999992014-12-31
    $0.47$0.4892442014-09-30
    $0.62$0.57353862014-06-30
    $0.64$0.58769882014-03-31
    $0.46$0.46190332013-12-31
    $0.41$0.39173862013-09-30
    $0.48$0.52159432013-06-30
    $0.52$0.53763312013-03-31
    $0.41$0.401982012-12-31

    What is Analyst Ratings & Price Targets?

    The analysts provide Buy, Sell or Hold ratings after extensive research of a companies financial reports, listening to conference calls and some of them even get in contact with upper management of the company to get an overall picture of operation.

    Although institutional Analyst’s are not always correct, their ratings are followed by millions of traders around the world and they can heavily influence trading activities for a company.

    As a retail investor, going through analyst ratings will instantly provide you an idea if the stock is worth buying. Top Analysts also provide their price targets. It’s a prediction of where the stock price might go based on their analysis.

    The best way to analyze price targets is to combined average price targets of major analysts. If the average price target is much higher than the current price of the stock, then the probability of a stock going up is also high.

    What is Technical Analysis?

    Technical Analysis refers to analyzing a stock's price over a period of time. In the financial market, past price patterns are one of the strongest indicators of an asset's future performance.

    In easier terms, millions of traders use Live Charts to watch the stock prices, it is actually a single source of truth for most traders. When a stock's price reaches a significant price level/pattern in the chart, millions of traders take buy/sell positions from those levels.

    As a regular investor, one of the easiest ways to check technical analysis of a stock is through Technical Indicators. Technical Indicators are programmed algorithms that monitor price changes in the Charts and indicate Buy/Sell based on market conditions.

    Some Technical Indicators can be very powerful (e.g SMA) and some can be pretty useless. Stock research tools like iTradely heavily simplify the technical analysis process for the investors by showing Buy/Sell/Neutral ratings combined from 17 powerful technical indicators, all in one page.

    What is Earnings Per Share (EPS) and Why is it Important?

    EPS, or Earning Per Share, can tell a lot about a stock’s performance. It’s calculated by dividing a company’s profit by the number of outstanding shares of its common stocks.

    In layman’s term, earnings is an indicator of a company’s profitability. Higher the earnings, the more profitable a company is.
    Some traders pick stocks solely based on EPS or earnings Analysis, it is a very powerful indicator of a stock’s price.

    Before you buy a stock, check the company’s earnings History and Surprises. A Surprise happens when a company reports a much higher or lower actual earnings/EPS than the forecasted earnings/EPS.

    If a company reports higher EPS surprises consistently, analysts keep raising their estimates, traders become more confident in the company, driving the share price higher.

    What is Stock Sentiment?

    Stock Sentiment refers to how people speculating about the stock or what kind of trading position investors are often taking.

    There are different kinds of sentiments you can find online for a company, this includes Investor Sentiment (Percentage of investors buying or selling), News Sentiment (Is the company getting positive or negative impressions from the Press?), Social Sentiment (The overall trends about the company in social media, is it negative or positive?).