Editor's Note: TheStreet ratings do not represent the views of TheStreet's staff or its contributors. Ratings are established by computer based on metrics for performance (which includes growth, stock performance, efficiency and valuation) and risk (volatility and solvency). Companies with poor cash flow or high debt levels tend to earn lower ratings in our model
) pushed the Specialty Retail industry lower today making it today's featured Specialty Retail laggard. The industry as a whole closed the day down 0.2%. By the end of trading, CarMax fell 39 cents (-1.2%) to $32.67 on average volume. Throughout the day, 1.6 million shares of CarMax exchanged hands as compared to its average daily volume of 2.1 million shares. The stock ranged in price between $32.56-$33.28 after having opened the day at $33.17 as compared to the previous trading day's close of $33.06. Other companies within the Specialty Retail industry that declined today were:
), down 11.9%,
Birks & Mayors
), down 9.7%,
), down 9.1%, and
), down 3.1%.
- ACTIVE STOCK TRADERS: Get full access to Jim Cramer's thoughts for less than $3/week - sometimes before he says them on TV! Start with a 14-Day Free Trial.
CarMax, Inc., through its subsidiaries, operates as a retailer of used vehicles in the United States. It also sells vehicles that do not meet its retail standards to licensed dealers through on-site wholesale auctions, as well as sells new vehicles under franchise agreements. CarMax has a market cap of $7.59 billion and is part of the services sector. The company has a P/E ratio of 18.8, equal to the average specialty retail industry P/E ratio and above the S&P 500 P/E ratio of 17.7. Shares are up 8.5% year to date as of the close of trading on Tuesday. Currently there are nine analysts that rate CarMax a buy, no analysts rate it a sell, and three rate it a hold.
TheStreet Ratings rates CarMax as a
. The company's strengths can be seen in multiple areas, such as its revenue growth, reasonable valuation levels and increase in stock price during the past year. However, as a counter to these strengths, we also find weaknesses including deteriorating net income, disappointing return on equity and weak operating cash flow.
- You can view the full CarMax Ratings Report.
- Use our specialty retail section to find industry-relevant news.
- Or find some new ideas from our top rated stocks lists.
For investors not wanting singular stock exposure, ETFs may be of interest. Investors who are bullish on the specialty retail industry could consider
) while those bearish on the specialty retail industry could consider
- Find other investment ideas from our top rated ETFs lists.
FREE from Real Money's Jim Cramer: Winners and Losers Election 2012 - Steps to take NOW so you can profit no matter who is in charge!
Free download now