|Bid||89.71 x 1000|
|Ask||101.00 x 1000|
|Day's Range||91.69 - 94.35|
|52 Week Range||84.37 - 155.98|
|Beta (5Y Monthly)||1.42|
|PE Ratio (TTM)||16.56|
|Earnings Date||Sep 29, 2022|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||113.71|
Subscribe to Yahoo Finance Plus to view Fair Value for KMX
Edmunds said second-quarter U.S. vehicle sales will be higher than in the first quarter, but will still trail last year's depressed volume. "A recovery in vehicle production in 2022 seems highly unlikely at this point (but) profit margins are staying high and pent-up consumer demand will only continue to build as shortages continue,” said Jessica Caldwell, Edmunds' executive director of insights.
Analysts lauded CarMax Inc's (NYSE: KMX) Q1 beat while also pointing out the macro concerns. RBC Capital analyst Steven Shemesh maintained CarMax with an Outperform and raised the price target from $104 to $108 in a note titled, "F1Q'23 Follow-Up – Navigating Volatility Well." KMX's results were broadly in line with expectations, Shemesh noted. He expected the inflationary pressures and the eventual replenishment of new car inventory to weigh on the used vehicle market. He believes KMX's recent
Winnebago (WGO) and CarMax's (KMX) earnings top estimates. But while WGO's profits soar y/y, KMX's earnings fall. Meanwhile, Toyota (TM) cuts July production targets amid a supply chain crisis.