94.37 -0.26 (-0.27%)
After hours: 4:26PM EDT
|Bid||94.38 x 1000|
|Ask||94.61 x 1000|
|Day's Range||93.37 - 94.88|
|52 Week Range||55.24 - 96.36|
|Beta (3Y Monthly)||0.99|
|PE Ratio (TTM)||18.23|
|Earnings Date||Dec 19, 2019 - Dec 23, 2019|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||100.25|
CarMax, Inc. (KMX), the nation’s largest retailer of used cars, today announces its new personalized car buying experience is now available to customers in New England. Customers in Massachusetts and Connecticut can now choose to complete the entire car-buying experience from home and have the car delivered, including the ability to test drive, prior to purchase. The new offering also gives customers throughout New England the flexibility to do more of the car buying process from home, and then head to their local CarMax for expedited pick up of the vehicle.
Russell 2000 ETF (IWM) lagged the larger S&P 500 ETF (SPY) by more than 10 percentage points since the end of the third quarter of 2018 as investors first worried over the possible ramifications of rising interest rates and the escalation of the trade war with China. The hedge funds and institutional investors we track […]
CarMax, Inc. (KMX) today announced its board of directors has elected Mark O’Neil as a director, effective today. Mark F. O’Neil, 61, retired as COO of Cox Automotive in March 2019. O’Neil was chief executive officer of Dealertrack and a member of its board from 2001 until 2015, served as president from 2001 to 2014 and chairman from 2005 to 2015.
As the Federal Reserve cuts interest rates, borrowing costs for companies have plummeted, leading to the refinancing of old debt at lower rates, as well as encouraging the assumption of yet more debt. Should the economy experience a significant slowdown, let alone slide into recession, servicing that debt is bound to become more problematic, sending shares of those debt-laden firms tumbling, according to several detailed stories in Bloomberg as outlined below. "Leverage is not a winning stock picking attribute,” warned Sandip Bhagat, the chief investment officer (CIO) at Whittier Trust. “The higher the leverage, the lousier the fundamentals, the lower quality the company is depicting.
This week, CarMax (KMX) and AutoZone (AZO) release quarterly results, wherein both the companies deliver a comprehensive beat.
CarMax, Inc. (NYSE: KMX) is in the early stages of a major change in sales strategy as it rolls out what it calls an omni-channel market, allowing customers to go through the whole car buying process online and have the car delivered to their home or work. Stephens’ Rick Nelson reiterated an Overweight rating on CarMax, while raising the target price from $95 to $103. Wedbush analyst Seth Basham reiterated a Neutral stance and an $80 price target on the stock.
Not only does Benzinga's PreMarket Prep Show discuss market movers and the catalysts behind those moves for the upcoming session, the crew provides a daily dose of market education. After a dry spell of earnings reports, there were a few notable reports covered on Tuesday's show. In premarket trading, CarMax, Inc (NYSE: KMX) was trading sharply higher after its second-quarter beat.
CarMax earnings and revenue were better-than-expected. Shares erased early gains, but are near a buy point as used car retailers prosper.
Higher unit sales and improved average selling price drive total revenues from CarMax's (KMX) used-vehicle segment in second-quarter fiscal 2020.
Stocks rose as Home Depot and Apple boosted the Dow Jones today, and CarMax stock jumped on strong second-quarter results.
CarMax, Inc. (NYSE: KMX ) shares are trading higher after the company reported better-than-expected second-quarter EPS and sales results. The company reported second-quarter earnings of $1.40 per share, ...
Shares of CarMax Inc. surged 4.1% in premarket trading Tuesday, after the used car retailer reported fiscal second-quarter profit and revenue that rose above expectations amid strength in used vehicle sales. Net income for the quarter to Aug. 31 rose to $233.6 million, or $1.40 a share, from $220.9 million, or $1.24 a share, in the year-ago period. The FactSet consensus for earnings per share was $1.33. Net sales grew 9.1% to $5.20 billion, above the FactSet consensus of $5.05 billion, as used vehicle sales increased 9.3% to $4.35 billion to beat expectations of $4.26 billion. Same-store sales increased 3.2%, just below the FactSet consensus of 3.3%. Used unit sales rose 6.2% to 209,091 vehicles and average used vehicle selling prices grew 2.9% to $20,581. The stock has run up 38.5% year to date through Monday, while the S&P 500 has gained 19.3%.
CarMax (KMX) delivered earnings and revenue surprises of 5.26% and 3.49%, respectively, for the quarter ended August 2019. Do the numbers hold clues to what lies ahead for the stock?
NEW YORK, NY / ACCESSWIRE / September 24, 2019 / CarMax, Inc. (NYSE: KMX ) will be discussing their earnings results in their 2020 Second Quarter Earnings to be held on September 24, 2019 at 9:00 AM Eastern ...
CarMax, Inc. , the nation’s largest retailer of used cars, today reported net income and earnings per share for the second quarter ended August 31, 2019.
CarMax shares revved up Tuesday, climbing 1% to $87.80, after the used car retailer beat Wall Street's second-quarter earnings expectations. The Richmond, Virginia-based company reported earnings $233.
On Tuesday, September 24, CarMax (NYSE: KMX ) will release its latest earnings report. Benzinga's outlook for CarMax is included in the following report. Earnings and Revenue CarMax EPS is expected to ...
CarMax, Inc. is expected to report adjusted net income of $223.4 million, or $1.33 a share, on sales of $5.1 billion before the market opens on Tuesday, based on a FactSet survey of 14 analysts. The stock has fallen 1.2% since the company last reported earnings on June 21. CarMax is currently trading at a price-to-forward-earnings ratio of 15.8 based on the 12-month estimates of 15 analysts surveyed by FactSet.