- Previous Close
78.21 - Open
78.87 - Bid --
- Ask --
- Day's Range
76.29 - 79.17 - 52 Week Range
59.66 - 88.22 - Volume
2,728,126 - Avg. Volume
1,805,274 - Market Cap (intraday)
12.01B - Beta (5Y Monthly) 1.69
- PE Ratio (TTM)
29.07 - EPS (TTM)
2.66 - Earnings Date Dec 19, 2024 - Dec 23, 2024
- Forward Dividend & Yield --
- Ex-Dividend Date --
- 1y Target Est
79.23
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.com30,000
Full Time Employees
February 29
Fiscal Year Ends
Sector
Industry
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Performance Overview: KMX
Trailing total returns as of 9/27/2024, which may include dividends or other distributions. Benchmark is
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Statistics: KMX
View MoreValuation Measures
Market Cap
11.98B
Enterprise Value
30.66B
Trailing P/E
29.07
Forward P/E
25.38
PEG Ratio (5yr expected)
1.15
Price/Sales (ttm)
0.47
Price/Book (mrq)
1.94
Enterprise Value/Revenue
1.19
Enterprise Value/EBITDA
18.30
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
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View MoreCarMax 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.
RatingPrice TargetCarMax 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.
RatingPrice TargetMaintaining 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.
RatingPrice TargetInsiders 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).