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CarMax (KMX) Stock Price, News & Analysis

CarMax logo
$76.69 -0.09 (-0.12%)
(As of 04:45 PM ET)

About CarMax Stock (NYSE:KMX)

Key Stats

Today's Range
$76.32
$77.23
50-Day Range
$71.11
$83.04
52-Week Range
$62.45
$88.22
Volume
1.50 million shs
Average Volume
1.90 million shs
Market Capitalization
$11.88 billion
P/E Ratio
28.83
Dividend Yield
N/A
Price Target
$79.73
Consensus Rating
Hold

Company Overview

CarMax, Inc., through its subsidiaries, operates as a retailer of used vehicles and related products in the United States. It operates in two segments: CarMax Sales Operations and CarMax Auto Finance. The CarMax Sales Operations segment offers customers a range of makes and models of used vehicles, including domestic, imported, and luxury vehicles, as well as hybrid and electric vehicles; used vehicle auctions; extended protection plans to customers at the time of sale; and reconditioning and vehicle repair services. The CarMax Auto Finance segment provides financing alternatives for retail customers across a range of credit spectrum and arrangements with various financial institutions. The company was founded in 1993 and is based in Richmond, Virginia.

CarMax Stock Analysis - MarketRank™

See Top Rated MarketRank™ Stocks
75th Percentile Overall Score

KMX MarketRank™: 

CarMax scored higher than 75% of companies evaluated by MarketBeat, and ranked 118th out of 217 stocks in the retail/wholesale sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

  • Consensus Rating

    CarMax has received a consensus rating of Hold. The company's average rating score is 2.23, and is based on 6 buy ratings, 4 hold ratings, and 3 sell ratings.

  • Amount of Analyst Coverage

    CarMax has been the subject of 8 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

  • Read more about CarMax's stock forecast and price target.
  • Earnings Growth

    Earnings for CarMax are expected to grow by 24.75% in the coming year, from $2.99 to $3.73 per share.

  • Price to Earnings Ratio vs. the Market

    The P/E ratio of CarMax is 28.99, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 132.29.

  • Price to Earnings Ratio vs. Sector

    The P/E ratio of CarMax is 28.99, which means that it is trading at a less expensive P/E ratio than the Retail/Wholesale sector average P/E ratio of about 133.90.

  • Price to Earnings Growth Ratio

    CarMax has a PEG Ratio of 1.54. PEG Ratios above 1 indicate that a company could be overvalued.

  • Price to Book Value per Share Ratio

    CarMax has a P/B Ratio of 2.00. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

  • Read more about CarMax's valuation and earnings.
  • Percentage of Shares Shorted

    10.04% of the float of CarMax has been sold short.
  • Short Interest Ratio / Days to Cover

    CarMax has a short interest ratio ("days to cover") of 9.1.
  • Change versus previous month

    Short interest in CarMax has recently decreased by 11.44%, indicating that investor sentiment is improving significantly.
  • Dividend Yield

    CarMax does not currently pay a dividend.

  • Dividend Growth

    CarMax does not have a long track record of dividend growth.

  • Percentage of Shares Shorted

    10.04% of the float of CarMax has been sold short.
  • Short Interest Ratio / Days to Cover

    CarMax has a short interest ratio ("days to cover") of 9.1.
  • Change versus previous month

    Short interest in CarMax has recently decreased by 11.44%, indicating that investor sentiment is improving significantly.
  • News Sentiment

    CarMax has a news sentiment score of 1.75. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.59 average news sentiment score of Retail/Wholesale companies.
  • News Coverage This Week

    MarketBeat has tracked 6 news articles for CarMax this week, compared to 10 articles on an average week.
  • Search Interest

    Only 4 people have searched for KMX on MarketBeat in the last 30 days. This is a decrease of -75% compared to the previous 30 days.
  • MarketBeat Follows

    Only 3 people have added CarMax to their MarketBeat watchlist in the last 30 days. This is a decrease of -63% compared to the previous 30 days.
  • Insider Buying vs. Insider Selling

    In the past three months, CarMax insiders have not sold or bought any company stock.

  • Percentage Held by Insiders

    Only 1.66% of the stock of CarMax is held by insiders.

  • Read more about CarMax's insider trading history.
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KMX Stock News Headlines

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See More Headlines

KMX Stock Analysis - Frequently Asked Questions

CarMax's stock was trading at $76.74 at the beginning of 2024. Since then, KMX stock has increased by 0.5% and is now trading at $77.11.
View the best growth stocks for 2024 here
.

CarMax, Inc. (NYSE:KMX) announced its quarterly earnings results on Thursday, September, 26th. The company reported $0.85 earnings per share for the quarter, missing analysts' consensus estimates of $0.86 by $0.01. CarMax's revenue for the quarter was down .9% compared to the same quarter last year.
Read the conference call transcript
.

CarMax subsidiaries include these companies: Edmunds, CarMax Auto Superstores, CarMax Auto Superstores California, CarMax Auto Superstores Services, CarMax Auto Superstores West Coast, CarMax Business Services, CarMax Enterprise Services LLC, and Glen Allen Insurance.

CarMax's top institutional investors include Principal Financial Group Inc. (5.32%), Diamond Hill Capital Management Inc. (4.07%), Primecap Management Co. CA (3.41%) and Charles Schwab Investment Management Inc. (0.95%). Insiders that own company stock include William D Nash, James Lyski, Enrique N Mayor-Mora, Charles Joseph Wilson, Mohammad Shamim, Jill A Livesay, Diane L Cafritz, Jon G Daniels and John M Stuckey III.
View institutional ownership trends
.

Shares of KMX stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

Based on aggregate information from My MarketBeat watchlists, some other companies that CarMax investors own include BlackRock (BLK), Broadcom (AVGO), ServiceNow (NOW), UnitedHealth Group (UNH), The Goldman Sachs Group (GS), NVIDIA (NVDA) and Meta Platforms (META).

Company Calendar

Last Earnings
9/26/2024
Today
11/12/2024
Next Earnings (Estimated)
12/19/2024
Fiscal Year End
2/28/2025

Industry, Sector and Symbol

Industry
Automotive dealers & gasoline service stations
Sub-Industry
Automotive Retail
CUSIP
14313010
Employees
29,836
Year Founded
1993

Price Target and Rating

Average Stock Price Target
$79.73
High Stock Price Target
$105.00
Low Stock Price Target
$50.00
Potential Upside/Downside
+3.8%
Consensus Rating
Hold
Rating Score (0-4)
2.23
Research Coverage
13 Analysts

Profitability

Net Income
$479.20 million
Pretax Margin
2.16%

Debt

Sales & Book Value

Annual Sales
$25.90 billion
Cash Flow
$4.76 per share
Book Value
$38.47 per share

Miscellaneous

Free Float
152,352,000
Market Cap
$11.90 billion
Optionable
Optionable
Beta
1.68

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This page (NYSE:KMX) was last updated on 11/12/2024 by MarketBeat.com Staff
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