68.65 0.00 (0.00%)
After hours: 5:01PM EDT
|Bid||68.31 x 900|
|Ask||68.82 x 800|
|Day's Range||68.23 - 69.52|
|52 Week Range||57.05 - 81.67|
|Beta (3Y Monthly)||1.82|
|PE Ratio (TTM)||17.03|
|Earnings Date||Dec 21, 2018|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||86.07|
Changes to CarMax (KMX)'s strategy could provide an increasing competitive advantage during an uncertain period for the used vehicle market. CarMax, though, has been able to improve its conversion rates through a variety of digital initiatives. More flexible delivery options and features such as an online appraisal estimator may also improve customer service levels, and result in higher sales.
These names are showing technical characteristics of either bullish or bearish reversal patterns over the past week.
Let's take a look at the charts and indicators to see if the sticker price is warranted. In this daily bar chart of KMX, below, we can see a deteriorating chart picture. The daily On-Balance-Volume (OBV) line has weakened from the middle of last month and tells us that sellers of KMX have turned more aggressive with heavier volume being seen when prices decline.
The Federal Reserve should be careful what it wishes for, Jim Cramer told his Mad Money viewers Wednesday. It's the Fed's job to cool a hot economy and keep inflation at bay, he said, but would a little inflation really be that bad? Inflation comes in many forms, Cramer said.
CarMax, Inc. (KMX) today announced that its board of directors has elected Pietro Satriano to membership on the board effective October 1. Satriano, 55, has been the chief executive officer and a director of US Foods Holding Corp., a publicly held foodservice distributor, since 2015 and chairman of the US Foods board since 2017. Previously, Satriano served as chief merchandising officer of US Foods from 2011 until 2015.
Cars and homes? They are both supposed to be bad. So, what's the story with CarMax and KB Home ? Why are they so good? Because there are some real differences between these two and their cohort.
This is an increase over the company’s earnings per share of 98 cents from the same time last year. It was also good news for CarMax stock by coming in above Wall Street’s earnings per share estimate of $1.22 for the period. Net income reported by CarMax for the second quarter of 2018 came in at $220.89 million.
Within 12 months, starting from Aug 31, 2018, CarMax (KMX) plans to enter 10 new television markets and expand presence in five existing ones.
CarMax (KMX) delivered earnings and revenue surprises of 1.64% and 1.19%, respectively, for the quarter ended August 2018. Do the numbers hold clues to what lies ahead for the stock?
Shares of CarMax Inc. surged 1% in premarket trade Wednesday, after the used car retailer reported a fiscal second-quarter profit and sales that rose above expectations, as improved conversion rates offset lower store traffic. Net earnings for the quarter to Aug. 31 increased to $220.9 million, or $1.24 a share, from $181.4 million, or 98 cents a share, in the same period a year ago. The FactSet consensus was for earnings of $1.22 a share. Sales rose 8.6% to $4.77 billion, above the FactSet consensus of $4.65 billion, as used vehicle sales rose 7.6% to $3.98 billion to top expectations of $3.95 billion. Same-store used unit sales rose 2.1%, beating the FactSet consensus of a 0.6% increase. The stock had edged up 0.7% over the past three months through Tuesday, while the S&P 500 has gained 7.1%.
On a per-share basis, the Richmond, Virginia-based company said it had profit of $1.24. The results surpassed Wall Street expectations. The average estimate of seven analysts surveyed by Zacks Investment ...
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The Federal Reserve's latest monetary policy decision will be the market highlight on Wednesday with stocks looking to shake off a recent streak of declines on days the Fed raises interest rates.