CarMax, Inc.’s Stock Price Dips to $79.10, Marking a 2.53% Decrease: A Detailed Look at KMX’s Market Performance

CarMax, Inc. (KMX)

79.10 USD -2.05 (-2.53%) Volume: 3.06M

CarMax, Inc.’s stock price is currently standing at 79.10 USD, experiencing a decrease of 2.53% in the latest trading session with a trading volume of 3.06M. Despite the recent dip, it’s important to note that the overall percentage change Year-to-Date (YTD) is only -3.25%, reflecting the resilience of KMX stock in the market.

Latest developments on CarMax, Inc.

CarMax Inc has seen a surge in sales recently, leading to the company’s decision to hire more sales consultants in the Triangle area. This move comes as the company aims to meet growing customer demand and expand its market presence. The increase in sales can be attributed to various factors, including a strong economy and consumer confidence, driving up the stock price of CarMax Inc as investors react positively to the news of the company’s sales growth and expansion efforts.

CarMax, Inc. on Smartkarma

Analysts on Smartkarma, like Baptista Research, have been closely monitoring Carmax Inc‘s performance in the used car retail market. According to their research reports, CarMax Inc has shown positive growth in its third quarter fiscal year 2025 results, with all segments – retail, wholesale, and CarMax Auto Finance (CAF) – contributing to an increase in earnings per share. This growth is attributed to the company’s internal execution and favorable external conditions, such as a more stable environment for vehicle valuations.

Baptista Research also highlighted CarMax Inc’s recent earnings report for the second quarter of fiscal year 2025. Despite a slight 1% decline in total sales year-over-year due to lower retail and wholesale prices, the company managed to offset this with increased retail volume. Despite challenges in the auto loan market, CarMax Inc displayed resilience and positive outcomes, as noted by analysts on Smartkarma.

A look at CarMax, Inc. Smart Scores

Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma

CarMax Inc has a promising long-term outlook, with strong scores in Value and Momentum indicating a positive overall outlook. With a high score in Value, the company is seen as potentially undervalued in the market, making it an attractive investment option. Additionally, the Momentum score suggests that the company is experiencing positive price trends, which could lead to further growth in the future.

However, CarMax Inc’s lower scores in Dividend and Resilience may raise some concerns for investors. With a low Dividend score, the company may not be offering significant returns to shareholders through dividends. The Resilience score also indicates that the company may be more susceptible to market fluctuations and economic downturns. Despite these challenges, CarMax Inc’s overall outlook remains positive, with potential for growth and value appreciation in the long term.

Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
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