Bounding Shares, What’s Next for CarMax Inc. (NYSE:KMX) and InterContinental Hotels Group PLC (NYSE:IHG)?

Shares of CarMax Inc. (NYSE:KMX) are on our watchlist today as the stock has moved 0.71% from the open, touching $72.33 on a recent trade. While the stock has a nice low price tag to it, does it have any value?

Here we’ll take a quick glance at how the stock price is currently trading in relation to some of its simple moving averages. At current levels, CarMax Inc. (NYSE:KMX) shares have been seen trading 7.09% away from the 20-day moving average. The stock has been recently separated from the 50-day moving average by 4.46%. Using a broader approach, shares have been trading 9.32% off of the 200-day moving average. After the latest check-in, company stock is -5.92% off of the 50 day high and 13.80% away from the 50 day low price.

In terms of performance, shares of CarMax Inc. (NYSE:KMX) are 12.79% since the start of 2016. Over the past week, shares are 1.82%. Moving out to look at the previous month performance, the stock is at 8.18%. For the quarter, performance is at -4.45%. During the past six months, CarMax Inc. (NYSE:KMX)’s stock has been 12.28% and 8.26% for the last 12 months.

Investors are constantly attempting to find the next great stock to own. Picking the next winner to bolster the portfolio may involve some hard work and a little bit of stock market magic. Sifting through the wealth of information about public companies can be a daunting task. Many sharp investors will attack the equity markets from many different angles.

This may include keeping close tabs on fundamental and technical data. This may also include tracking analyst opinions and following what the big money institutions are buying or selling.

So, most importantly, where are shares headed from here? In order to get a sense of Wall Street sentiment, we can look to brokerage analyst estimates. On a one to five ratings scale where 1.0 indicates a Strong Buy, 2.0 indicates a Buy, 3.0 a Hold, 4.0 a Sell and 5.0 a Stong Sell. CarMax Inc. currently has an average analyst recommendation of 2.50 according to analysts. This is the average number based on the total brokerage firms taken into consideration by Beta Systems Research. The same analysts have a future one-year price target of $76.07 on the shares.

InterContinental Hotels Group PLC (NYSE:IHG) are being monitored closely by investors today as the name is currently priced at $65.66, a 0.26% difference from where it most recently opened.  So where is the stock headed from here?  We will take a quick look here at how the stock has performed recently.

Let’s take a quick look at how the price of InterContinental Hotels Group PLC (NYSE:IHG) is currently trading in comparison to some of its simple moving averages. At current levels, shares have been seen trading 4.57% away from the 20-day moving average. The stock has been recently separated from the 50-day moving average by 9.98%. Using a broader approach, the stock has been trading 19.42% off of the 200-day moving average. After the latest check-in, shares are 1.44% off of the 50 day high and 18.97% away from the 50 day low number.

In terms of performance, shares of InterContinental Hotels Group PLC (NYSE:IHG) are 3.39% since the start of 2016. Over the past week, shares are 3.78%. Moving out to look at the previous month performance, the stock is at 10.93%. For the quarter, performance is at 20.68%. During the past six months, InterContinental Hotels Group PLC (NYSE:IHG)’s stock has been 17.06% and 43.13% for the last 12 months.

Investors are always on the look for the next great stock to own. Picking the next winner to bolster the portfolio may involve some hard work and a little bit of stock market magic. Sifting through the wealth of information about public companies can be a daunting task.

Many savvy investors will attack the equity markets from many different angles. This may include keeping close tabs on fundamental and technical data. This may also include tracking analyst opinions and following what the big money institutions are buying or selling.