Analyst Advice And Earnings Insight: Manulife Financial Corporation (MFC), CarMax Inc. (KMX)

The recently concluded session had traders exchanging Manulife Financial Corporation (NYSE:MFC) low level. Roughly 1.69 million shares changed hands compared to the three-month volume average 2.91 million shares. The first trade took place at $18.73 and the stock went down -0.05% to attain the closing price of $18.66.

Manulife Financial Corporation (MFC) Analyst Opinion

Manulife Financial Corporation has a consensus outperform rating from 14 Wall Street analysts, and the number of shares currently sold short amount to at least 0.38% of shares outstanding. The stock sank -0.05% last month and is down -10.55 this year. Wall Street is only getting more bullish on the stock, with 11 of analysts who cover MFC having a buy-equivalent rating. Analysts have placed a $23.61 price target on Manulife Financial Corporation, suggesting a 26.53% gain from recent close. It’s currently trading about -15.79% below its 52-week high.

Manulife Financial Corporation Earnings Surprise

Manulife Financial Corporation (MFC) surprised the stock market in its last reported earnings when it earned $0.61 a piece versus the consensus-estimated $0.58. Its revenue totaled $16.28 billion up 36.45% from the previous quarter.

Manulife Financial Corporation (NYSE:MFC) Intraday View

This stock (MFC) is ahead of its 52-week low with 12.27%. Its last month’s stock price volatility remained 1.44% which for the week stands at 1.74%. The share price has moved forward from its 20 days moving average, trading at a distance of 0.67% and stays -1.74% away from its 50 days moving average. Over the last five days, shares have managed 0.92% gains and now is down -7.23% since hitting its 200-day moving average of $20.24. Manulife Financial Corporation (MFC) has made its way to a 12-month gain of 7.8%.

Turning to CarMax Inc. (NYSE:KMX), its shares were trading at $62.97 a gain of $0.97, on the trading floor. The stock, after opening at $62.77, touched a high of $63.4301 before paring much of its gains. So far, analysts are sticking with their neutral recommendations with the consensus call at 2.3. CarMax Inc. has 7 buy ratings, 5 holds and 1 sells even after the stock tumbled -18.89% from its high of $77.64 to a $11.45 billion market value through last close.

CarMax Inc. (KMX) Consensus Price Target

The company’s consensus rating on Reuter’s scale slipped from 2.4 to 2.19 during a month. Analysts set a 12-month price target of $74.43 a share. The target implies a 18.2% spike from where the shares are currently trading. Also, the current price highlights a discount of 55.63% to analysts’ high consensus price target.

CarMax Inc. (NYSE:KMX) Intraday Trading

The counter witnessed a trading volume of 1.34 million shares versus an average volume of 2.18 million shares during last trading session. Its last month’s stock price volatility remained 2.19% which for the week approaches 3.03%. The lowest price the stock reached in the last trading day was $62.56 and compares with the $55.05 52-week low. The stock recovered 14.39% since its low point and has performed -1.81% year-to-date.

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