NYSE - Delayed Quote USD

CarMax, Inc. (KMX)

Compare
72.14 +1.03 (+1.45%)
At close: October 11 at 4:00 PM EDT
72.11 -0.03 (-0.04%)
After hours: October 11 at 5:33 PM EDT
Loading Chart for KMX
DELL
  • Previous Close 71.11
  • Open 71.20
  • Bid 72.09 x 900
  • Ask 72.11 x 900
  • Day's Range 71.19 - 72.35
  • 52 Week Range 59.66 - 88.22
  • Volume 1,411,512
  • Avg. Volume 1,768,179
  • Market Cap (intraday) 11.176B
  • Beta (5Y Monthly) 1.68
  • PE Ratio (TTM) 27.12
  • EPS (TTM) 2.66
  • Earnings Date Dec 19, 2024 - Dec 23, 2024
  • Forward Dividend & Yield --
  • Ex-Dividend Date --
  • 1y Target Est 79.73

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.

www.carmax.com

30,000

Full Time Employees

February 29

Fiscal Year Ends

Recent News: KMX

View More

Performance Overview: KMX

Trailing total returns as of 10/11/2024, which may include dividends or other distributions. Benchmark is

.

YTD Return

KMX
5.99%
S&P 500
21.91%

1-Year Return

KMX
3.00%
S&P 500
33.43%

3-Year Return

KMX
44.74%
S&P 500
32.42%

5-Year Return

KMX
17.47%
S&P 500
97.92%

Compare To: KMX

Select to analyze similar companies using key performance metrics; select up to 4 stocks.

Statistics: KMX

View More

Valuation Measures

Annual
As of 10/11/2024
  • Market Cap

    11.18B

  • Enterprise Value

    29.86B

  • Trailing P/E

    27.12

  • Forward P/E

    24.27

  • PEG Ratio (5yr expected)

    1.11

  • Price/Sales (ttm)

    0.44

  • Price/Book (mrq)

    1.81

  • Enterprise Value/Revenue

    1.15

  • Enterprise Value/EBITDA

    17.80

Financial Highlights

Profitability and Income Statement

  • Profit Margin

    1.51%

  • Return on Assets (ttm)

    1.54%

  • Return on Equity (ttm)

    6.85%

  • Revenue (ttm)

    27.68B

  • Net Income Avi to Common (ttm)

    417.52M

  • Diluted EPS (ttm)

    2.66

Balance Sheet and Cash Flow

  • Total Cash (mrq)

    524.67M

  • Total Debt/Equity (mrq)

    314.64%

  • Levered Free Cash Flow (ttm)

    894.94M

Research Analysis: KMX

View More

Earnings Per Share

Consensus EPS
 

Revenue vs. Earnings

Revenue 7.48B
Earnings 132.81M
 

Analyst Recommendations

  • Strong Buy
  • Buy
  • Hold
  • Underperform
  • Sell
 

Analyst Price Targets

50.00 Low
79.73 Average
72.14 Current
105.00 High
 

Company Insights: KMX

Research Reports: KMX

View More
  • CarMax Earnings: Loan-Loss Charge Masks Improvement in Retail Business

    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.

    Rating
    Price Target
     
  • CarMax Earnings: Affordability Struggles Continue, but Finance Arm's Expansion a Good Move Long Term

    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.

    Rating
    Price Target
     
  • Maintaining HOLD as tough environment persists

    CarMax Inc. is primarily a retailer of used vehicles in the U.S. Established in 1993, the company operates 245 used car stores. CarMax has two segments: CarMax Sales Operations and CarMax Auto Finance (CAF). The Sales Operations segment sells used vehicles, purchases used vehicles, arranges financing options, and sells related products and services. CAF provides auto financing to CarMax customers, services the loans it originates, provides billing statements, collects payments, and coordinates the repossession of vehicles as needed. The company also receives income from expanded protection plans and service revenue. Headquartered in Richmond, Virginia, it has approximately 30,000 employees. KMX shares are a component of the S&P 500.

    Rating
    Price Target
     
  • Insiders remain on the sidelines. Meanwhile, the breadth of the overall market

    Insiders remain on the sidelines. Meanwhile, the breadth of the overall market is of concern to some, with the DJIA lower over the past month, the S&P higher, and the Nasdaq soaring. That's not ideal balance -- though there are some recent signs of the start of rebalancing among the major indices. As well, some big-name tech companies are making headlines as C-suite execs sell stock (see Nvidia). That's well worth keeping an eye on -- but it is hard to pound the drum too hard right now. With the stock up about 156% in the YTD, some profits were likely to be taken. Again, though, this needs to be watched carefully, not just for NVDA but for all the AI stocks that have pulled the stock market to all-time highs. If they start to wobble, will investors truly reallocate or head for the hills? On a sector basis, selling by insiders last week was greatest in Information Technology, with shares valued at $430 million sold, followed by Healthcare ($198 million sold) and Financials ($157 million sold). Buying outpaced selling in Energy, with $52 million of shares bought versus $1.5 million sold, as well as in Consumer Staples. This week, analysts at Vickers highlighted insider transactions of interest at Applied Materials Inc. (NGS: AMAT) and Teva Pharmaceutical Industries Limited (NYSE: TEVA).

     

People Also Watch