Market Trend
| Short Term | Medium Term | ||
| Industry | Auto & Truck Dealerships (US) | Bullish | Bullish |
| Auto & Truck Dealerships (Global) | Bullish | Bullish | |
| Stock | CarMax Inc | Bullish | Bullish |
Stockmoo Score
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CarMax sells, finances, and services used and new cars through a chain of around 250 used retail stores. It was formed in 1993 as a unit of Circuit City and spun off into an independent company in late 2002. Used-vehicle sales typically account for about 83% of revenue (79% in fiscal 2024 due to the chip shortage) and wholesale about 13% (19% in fiscal 2024), with the remaining portion composed of extended service plans and repair. In fiscal 2024, the company retailed and wholesaled 765,572, and 546,331 used vehicles, respectively. CarMax is the largest used-vehicle retailer in the US but still estimates that it had only about 3.7% US market share of vehicles 0-10 years old in 2023. It seeks over 5% share a few years from now. CarMax is based in Richmond, Virginia. |
|
| Sector | Consumer Cyclical |
| Industry | Auto & Truck Dealerships |
| Investment Style | Mid Core |
| 52 Weeks Range | ||
| Price Target Range | ||
| High | 105.00 (Oppenheimer, 26.48%) | Buy |
| Median | 77.50 (-6.65%) | |
| Low | 70.00 (Truist Securities, -15.68%) | Hold |
| Average | 82.00 (-1.23%) | |
| Total | 5 Buy, 3 Hold | |
| Avg. Price @ Call | 74.97 | |
| Firm | Date | Target Price | Call | Price @ Call |
|---|---|---|---|---|
| Wedbush | 16 Aug 2024 | 95.00 (14.43%) | Buy | 79.86 |
| 17 Jul 2024 | 95.00 (14.43%) | Buy | 82.90 | |
| Evercore ISI Group | 16 Jul 2024 | 72.00 (-13.27%) | Hold | 84.02 |
| 20 Jun 2024 | 68.00 (-18.09%) | Hold | 71.36 | |
| Needham | 24 Jun 2024 | 87.00 (4.79%) | Buy | 73.18 |
| Oppenheimer | 24 Jun 2024 | 105.00 (26.48%) | Buy | 73.18 |
| RBC Capital | 24 Jun 2024 | 75.00 (-9.66%) | Buy | 73.18 |
| Truist Securities | 24 Jun 2024 | 70.00 (-15.68%) | Hold | 73.18 |
| 18 Jun 2024 | 66.00 (-20.50%) | Hold | 71.50 | |
| Morgan Stanley | 21 Jun 2024 | 80.00 (-3.64%) | Buy | 71.63 |
| Mizuho | 18 Jun 2024 | 72.00 (-13.27%) | Hold | 71.50 |
| Show more | ||||
No data within this time range.
| Date | Type | Details |
|---|---|---|
| 05 Sep 2024 | Announcement | CarMax Announces Second Quarter Conference Call |
| 04 Sep 2024 | Announcement | RICHMOND FLYING SQUIRRELS AND CARMAX ANNOUNCE NEW BALLPARK AND ENTERTAINMENT VENUE AS CARMAX PARK |
| 23 Aug 2024 | Announcement | CarMax Shows the Way Car Buying Shouldn’t Be in “Beetlejuice Beetlejuice” Universe |
| 08 Aug 2024 | Announcement | Shamim Mohammad, CarMax Chief Information and Technology Officer, Named to CIO Hall of Fame |
| 21 Jun 2024 | Announcement | CarMax Reports First Quarter Fiscal Year 2025 Results |
The support, resistance and trendline levels presented has been generated by an artificial intelligence (AI) model and should be interpreted with caution.
Portfolio
| Realized Profit | - |
| Unrealized Profit | - |
| Dividend Received 2024 | - |
| Total Profit | - |
| Avg. Return | - |
| Quantity (Buy) | - |
| Avg. Price (Buy) | - |
| Quantity (Sold) | - |
| Avg. Price (Sold) | - |