This Day On The Street
Continue to site
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

Investing Ahead of Earnings: CarMax, Monsanto, Micron and Texas Industries

NEW YORK (TheStreet) -- Today we crunch the numbers of four companies reporting earnings this week. Let's take a look.

CarMax (KMX) ($46.80, down 0.5% YTD): Analysts expect the retailer of used cars to report earnings per share of 53 cents a share before the opening bell on April 4. The stock traded to an all-time intraday high at $53.05 on Dec. 19 then traded down to a 2014 intraday low at $43.90 on Jan. 16. CarMax rebounded from there to its 200-day simple moving average at $48.11 on Feb. 29, moved above it to a 2014 intraday high at $49.68 on March 5. After trading back and forth around the 200-day the stock slumped to as low as $44.90 on March 27. This volatile ride has the weekly chart neutral with the stock below its five-week modified moving average at $47.14 with rising stochastics. Volatility has been around a semiannual pivot at $46.64 with quarterly, weekly and semiannual risky levels at $47.29, $49.53 and $51.13.

Monsanto (MON - Get Report) ($113.77, down 2.4% YTD): Analysts expect the provider of state-of-the-art technology-based improvements in the agricultural markets to report earnings of $3.10 per share before the opening bell on April 2. The stock traded to a multiyear intraday high at $117.50 on Jan.2 then slumped to a 2014 intraday low at $104.08 on Feb. 3 which was below the 200-day SMA. Monsanto stayed below the 200-day for only three days then traded as high as $115.00 on March 21. The weekly chart is positive with its five-week MMA at $112.44. Semiannual value levels are $88.87 and $88.55 with weekly, monthly and annual risky levels at $117.43, $119.25 and $129.57.

Micron Tech (MU - Get Report) ($23.66, up 8.8% YTD): Analysts expect the provider of semiconductor memory solutions to report earnings of 60 cents a share after the closing bell on April 3. The stock traded to a multiyear intraday high at $25.68 on Feb. 19 and is now below its 21-day and 50-day SMAs converged at $23.99 and $24.00. The weekly chart shifts to negative given a close this week below its five-week MMA at $23.46. Quarterly and semiannual value levels are $20.68 and $14.84 with weekly and monthly risky levels at $24.68 and $28.12.

Texas Industries (TXI) ($89.62, up 30.3% YTD): Analysts expect the supplier of construction materials including cement, concrete and steel to report a loss of 63 cents a share after the closing bell on April 2. The stock set a new multiyear intraday high at $89.94 on Monday. The weekly chart is positive but overbought with its five-week MMA at $84.24. Monday and semiannual value levels are $81.19, $62.89 and $59.01 with quarterly and weekly risky levels at $92.38 and $94.32.

1 of 2

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
Dividend Stock Advisor

David Peltier identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Real Money

More than 30 investing pros with skin in the game give you actionable insight and investment ideas.

Product Features:
  • Access to Jim Cramer's daily blog
  • Intraday commentary and news
  • Real-time trading forums
Only $49.95
14-Days Free
14-Days Free
MON $91.25 0.00%
MU $10.17 0.00%
AAPL $95.01 0.00%
FB $99.75 0.00%
GOOG $682.74 0.00%


Chart of I:DJI
DOW 16,027.05 -177.92 -1.10%
S&P 500 1,853.44 -26.61 -1.42%
NASDAQ 4,283.7530 -79.3910 -1.82%

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs