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Added to YB: 2024-04-04

Pitch date: 2024-04-01

KMX [bullish]

CarMax, Inc.

-51.83%

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

$85.13

Price Target

135.00 (+229%)

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.: Used Vehicle Affordability Gradually Improving for CarMax

KMX: CarMax shows 12.5% rev CAGR since '00 driven by superior CX & IT use. $33-45B FY26 rev target, 5%+ market share goal. Narrow moat from data, scale & CAF. Omnichannel key growth driver. Gross margin pressure from high prices to ease. $135 FVE on 6.7% midcycle margin. Risks: Cyclicality, competition.

Read full article (14 min)