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Added to YB: 2024-12-27

Pitch date: 2024-12-20

KMX [bullish]

CarMax, Inc.

-51.24%

current return

Author Info

No bio for this author

Company Info

CarMax, Inc., through its subsidiaries, operates as a retailer of used vehicles and related products in the United States.

Market Cap

$5.1B

Pitch Price

$84.11

Price Target

123.00 (+200%)

Dividend

N/A

EV/EBITDA

16.91

P/E

10.13

EV/Sales

0.84

Sector

Specialty Retail

Category

growth

Show full summary:
CarMax, Inc.: Improving Affordability and Cost Controls Yield a Good Quarter

KMX: Q3 EPS $0.81 beats $0.61 est. Comp store rev +0.5%, unit vol +4.3%. Affordability improving, cost controls driving margin expansion. Omnichannel 60% of sales. CEO optimistic on Q4. Moat from data, brand, scale. FV $123. Risks: cyclical, competition, affordability headwinds.

Read full article (16 min)