CarMax, Inc. : The underlying trend is in force again
Entry price | Target | Stop-loss | Potential |
---|
$62.46 |
$67.9 |
$59.7 |
+8.71% |
---|
The underlying tendency is to the upside for shares in CarMax, Inc and the timing is opportune to get back into the stock. A comeback of the upward dynamic can be anticipated.
Summary● The company has strong fundamentals. More than 70% of listed companies have a lower mix of growth, profitability, debt and visibility criteria.
● In a short-term perspective, the company has interesting fundamentals.
Strengths● There is high visibility into the group's activities for the coming years. Outlooks on future revenues from analysts covering the equity remain similar. Such hardly dispersed estimates support highly predictable sales for the current and upcoming fiscal years.
● The company has attractive valuation levels with a low EV/sales ratio compared with its peers.
● For the last week, the earnings per share forecast has been revised upwards. According to recent estimates, analysts give a positive overview of the stock
Weaknesses● Stock prices approach a strong long-term resistance in weekly data at USD 67.54.
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