61.99 0.00 (0.00%)
After hours: 4:54PM EST
|Bid||0.00 x 1400|
|Ask||0.00 x 1000|
|Day's Range||61.70 - 62.41|
|52 Week Range||55.24 - 81.67|
|Beta (3Y Monthly)||1.12|
|PE Ratio (TTM)||14.36|
|Earnings Date||Mar 29, 2019|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||79.15|
For 15 consecutive years, CarMax, Inc. (KMX), the nation’s largest retailer of used cars, has been named by FORTUNE magazine as one of its 100 Best Companies to Work For ®. "Our associates are our true differentiators and make CarMax a great place to work,” said Diane Cafritz, CarMax chief human resources officer. CarMax is currently hiring for more than 1,200 positions in existing and new locations across the country.
Carmax Inc NYSE:KMXView full report here! Summary * ETFs holding this stock have seen outflows over the last one-month * Bearish sentiment is moderate and increasing Bearish sentimentShort interest | NegativeShort interest is moderately high for KMX with between 10 and 15% of shares outstanding currently on loan. This represents an increase in short interest as investors who seek to profit from falling equity prices added to their short positions on January 18. Money flowETF/Index ownership | NegativeETF activity is negative. Over the last one-month, outflows of investor capital in ETFs holding KMX totaled $19.07 billion. Additionally, the rate of outflows appears to be accelerating. Economic sentimentPMI by IHS Markit | NeutralAccording to the latest IHS Markit Purchasing Managers' Index (PMI) data, output in the Consumer Services sector is rising. The rate of growth is weak relative to the trend shown over the past year, however. Credit worthinessCredit default swapCDS data is not available for this security.Please send all inquiries related to the report to email@example.com.Charts and report PDFs will only be available for 30 days after publishing.This document has been produced for information purposes only and is not to be relied upon or as construed as investment advice. To the fullest extent permitted by law, IHS Markit disclaims any responsibility or liability, whether in contract, tort (including, without limitation, negligence), equity or otherwise, for any loss or damage arising from any reliance on or the use of this material in any way. Please view the full legal disclaimer and methodology information on pages 2-3 of the full report.
Active managers are beating their benchmarks so far this year, and some strategists think that outperformance can continue.
While the broader U.S. stock market continues its melt-up off the deeply oversold conditions from late December, at this juncture, some stocks have more upside potential than others through the lens of risk versus reward. To wit, shares of CarMax (NYSE:KMX) have rallied very little since the December lows and, barring an immediate broader stock market reversal lower, now look good for more upside. Before looking at this trade setup in KMX stock, allow me to restate the importance of respecting the fact that the stock market is a highly correlated asset class. In other words, while sector and group rotation (money moving from one "type" of stocks to another) is how the stock market works, at near-to-intermediate-term turning points, most stocks will move in said new direction. So, while we are here today looking at a bullish trade idea in a stock, note that should the broader stock market reverse lower then this stock, too, will likely feel pain. ### KMX Stock Charts Click to Enlarge InvestorPlace - Stock Market News, Stock Advice & Trading Tips Moving averages legend: red - 200 week, blue - 100 week, yellow - 50 week On the multiyear weekly chart, KMX stock continues trading at the lower end of its longer-term up-trending range. It moved from the upper part of this range down to the lower end in the fourth quarter of 2018. * 7 Stocks That Won Super Bowl Sunday The stock has since had a couple of attempts at a rally but hasn't been able to get out of its own way. While this could be a warning sign, I am willing to look at this as an opportunity for a catch-up trade to the broader market rally. Click to Enlarge Moving averages legend: red - 200 day, blue - 100 day, yellow - 50 day On the daily chart, we see that KMX stock has well-defined technical support around the $57 area (blue horizontal bar). Over the past couple of trading days, the stock managed to bounce off this area again and is now snug at its yellow 50-day moving average as well as the diagonal resistance line measured from the September highs. If one believes the the broader market has somewhat further near-term upside then buying KMX stock around $62 with a next upside target at $66 could make sense. Any major bearish reversal on a one-day closing basis and particularly any drop back below $57.50 would be a stop loss signal. In summary, while many stocks in my eye are currently very stretched on the upside, barring a new immediate-term bearish catalyst stocks could remain pushing somewhat higher and KMX stock is one idea. Again, any big bearish reversal in the broader market, however, would be a warning signal. Get FREE ACCESS to Serge's renowned Stock Market Scanner with actionable trade ideas. Get it HERE. ### More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 10 F-Rated Stocks That Could Break Your Portfolio * 5 Fintech Stocks to Buy As This Mega Trend Gains Steam * 10 Cold Weather Stocks to Heat Up Your Returns Compare Brokers The post Trade of the Day: CarMax Stock Is a Rally Catch-Up Trade appeared first on InvestorPlace.
Morgan Stanley has been very accurate in its warnings about earnings during the past year. Never mind slowing growth, they see actual declines ahead.
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NEW YORK, Jan. 29, 2019 -- In new independent research reports released early this morning, Market Source Research released its latest key findings for all current investors,.
CarMax (KMX) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.
A pilot with more than 11,000 flight hours, James Inhofe lightened his load of stocks in the first transactions of the year for the Oklahoma Republican senator. Inhofe disclosed in a regulatory filing that earlier this week, he sold (BABA) (ticker: BABA), (AMZN) (AMZN), (V) (V), (KMX) (KMX), and (DAL) (DAL).
These reports, excerpted and edited by Barron’s, were issued recently by investment and research firms. Tesla believes that with its Model 3 it has the opportunity to “transform consumer auto-buying behavior” and capitalize on the unprecedented market and the company’s leadership position in electronic vehicles. The Street is now focusing on demand, rather than production issues, which had been clouding Tesla’s future over the past year.
Revenues of Japanese automakers in the United States are under stress with persistent slump in sedan sales.
On another down day for the market, CarMax stock is a bright spot, rising on the back of an upgrade from Guggenheim
T’was the night before Christmas: It’s a quiet Monday morning on Wall Street. The Dow Jones Industrial Averagefutures are 0.8% lower, S&P 500 futures have declined 0.6% and Nasdaq futures are down 0.6%. We guess it’s news: The government shutdown entered its third day on Monday.
U.S. stocks jumped on Friday following comments from a key Federal Reserve official suggesting that the central bank is open to shifting its views on rate hikes for next year.
CarMax earnings (NYSE:KMX) surged more than 20% compared to the year-ago quarter, sending KMX stock up close to 5% on Friday. CarMax also said that its used unit sales in comparable stores took a hit of 1.2% year-over-year. Plus, the company’s total used unit sales gained 2.3% compared to the year-ago quarter.