CarMax Incs in-depth stock price analysis indicates that the stock price has rallied 22.29% in the past 12 Weeks , but analyzing the 6 month charts for the stock , the price continues to stay positive and keep the rally at 15.06% . Looking at the past 52 week period, the stock price is up at 54.8% . Relative price strength is a important factor used by wealth management firms while investing in stocks because the indicator compares the stock performance with the overall market. The relative price strength of CarMax Inc has a positive value of 26.01 compared to overall market. CarMax Inc (NYSE:KMX) has climbed 2.82% in the past week and advanced 0.55% in the last 4 weeks. The company has outperformed the S&P 500 by 1.99% in the past week but underperformed the index by 1.25% in the last 4 weeks.
CarMax Inc (NYSE:KMX) : On Friday heightened volatility was witnessed in CarMax Inc (NYSE:KMX) which led to swings in the share price. The stock opened for trading at $67.72 and hit $67.91 on the upside , eventually ending the session at $67.54, with a gain of 0.15% or 0.1 points. The heightened volatility saw the trading volume jump to 1,531,024 shares. The 52-week high of the share price is $68.86 and the company has a market cap of $12,638 million. The 52-week low of the share price is at $41.455 .
CarMax Inc Last issued its quarterly earnings results on Dec 20, 2016. The company reported $0.72 EPS for the quarter, beating the analyst consensus estimate by $ 0.01. Analyst had a consensus of $0.71. The company had revenue of $3701.50 million for the quarter, compared to analysts expectations of $3748.90 million. The companys revenue was up 4.4% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.63 EPS.
Several Stock Research Financial Advisors from Investment Banking firms have advised their client and investors on the stock.CarMax Inc was Downgraded by Morgan Stanley to Underweight on Feb 1, 2017. CarMax Inc was Reiterated by Wedbush to Neutral on Jan 18, 2017.
Company has reported several Insider transactions to the SEC, on Feb 1, 2017, William C Jr. Wood (EVP & COO) sold 6,203 shares at 66.24 per share price.On Jan 30, 2017, Jon G Daniels (SVP, CAF) sold 20,000 shares at 68.72 per share price.On Jan 19, 2017, W Robert Grafton (director) sold 9,408 shares at 66.72 per share price.
CarMax, Inc. operates as a retailer of used cars. The Company also sells vehicles through on-site wholesale auctions, as well as sells new vehicles under franchise agreements. It operates used car superstores, provides customers with a range of other related products and services, including the appraisal and purchase of vehicles directly from consumers, the sale of extended service plans, guaranteed asset protection and accessories and vehicle repair service. CarMax, Inc. is based in Richmond, Virginia.