CarMax, Inc.’s Stock Price Drops to $71.94, Recording a 3.69% Downturn: Is it Time to Buy?

CarMax, Inc. (KMX)

71.94 USD -2.76 (-3.69%) Volume: 2.11M

CarMax, Inc.’s stock price stands at 71.94 USD, down 3.69% this trading session with a trading volume of 2.11M, reflecting a YTD decline of 6.25%, indicating a challenging performance in the stock market.

Latest developments on CarMax, Inc.

Today, Carmax Inc. stock experienced underperformance compared to its competitors. However, Goldman Sachs highlighted the company as a stock with high consensus return on equity (ROE). In a recent development, BlueDrive Global Investors LLP sold shares of Carmax Inc. (NYSE:KMX). These events have likely contributed to the fluctuations in Carmax Inc. stock price movements today.

CarMax, Inc. on Smartkarma

Analysts at Baptista Research have provided insightful coverage of Carmax Inc on Smartkarma, highlighting key drivers impacting the company’s performance. In their report titled “CarMax Inc.: Enhanced Digital & Omni-channel Capabilities & Other Major Drivers,” they discuss the company’s recent earnings for the second quarter of fiscal year 2025. Despite a slight 1% decline in total sales, CarMax managed to offset this with increased retail volume amidst challenges in the auto loan market. The analysts lean bull on the company’s prospects, emphasizing the positive aspects of its operations.

Another report by Baptista Research on Smartkarma delves into Carmax Inc‘s operational efficiencies and their impact on the company’s bottom line. Titled “CarMax Inc.: Operational Efficiencies In Reconditioning & Logistics Expanding The Bottom-Line? – Major Drivers,” the analysts evaluate the fiscal 2025 first quarter results, noting a mixed financial scenario. While there are challenges, such as a decrease in average vehicle selling prices, the report highlights encouraging trends like stabilization in vehicle values. With a bullish sentiment, the analysts provide a comprehensive analysis of Carmax Inc‘s performance and future outlook.

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 a strong Value score of 4 indicating that the company is viewed favorably in terms of its valuation. However, its Dividend score of 1 suggests that it may not be a top choice for investors seeking regular dividend payouts. In terms of Growth, CarMax scores a 3, indicating moderate potential for expansion in the future. The company’s Resilience score of 2 suggests that it may face some challenges in maintaining stability, but its Momentum score of 3 shows that it has some positive momentum in the market.

CarMax, Inc. is a company that specializes in selling retail used cars and light trucks. They purchase, recondition, and sell used vehicles in their superstores and franchises across the United States. With a strong Value score of 4, moderate Growth score of 3, and positive Momentum score of 3, CarMax Inc seems to have a solid foundation for long-term success. However, its low Dividend score of 1 and Resilience score of 2 indicate some areas of concern that investors should keep in mind when considering this company for their portfolio.

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.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
Have feedback on this article? Concerned about the content? Get in touch with us directly.

💡 Before it’s here, it’s on Smartkarma