CarMax Inc. (KMX): Today's Featured Specialty Retail Laggard
Editor's Note: Any reference to TheStreet Ratings and its underlying recommendation does not reflect the opinion of TheStreet, Inc. or any of its contributors including Jim Cramer or Stephanie Link.
(
) pushed the Specialty Retail industry lower today making it today's featured Specialty Retail laggard. The industry as a whole closed the day down 0.3%. By the end of trading, CarMax fell $0.75 (-1.5%) to $48.47 on heavy volume. Throughout the day, 1,867,524 shares of CarMax exchanged hands as compared to its average daily volume of 1,011,000 shares. The stock ranged in price between $48.31-$48.81 after having opened the day at $48.81 as compared to the previous trading day's close of $49.22. Other companies within the Specialty Retail industry that declined today were:
(
), down 6.3%,
(
), down 5.7%,
(
TheStreet Recommends
), down 5.6% and
(
), down 4.4%.
CarMax, Inc., through its subsidiaries, operates as a retailer of used vehicles in the United States. It operates in two segments, CarMax Sales Operations and CarMax Auto Finance. CarMax has a market cap of $11.6 billion and is part of the services sector. Shares are up 38.0% year to date as of the close of trading on Friday. Currently there are 7 analysts that rate CarMax a buy, no analysts rate it a sell, and 4 rate it a hold.
TheStreet Ratings rates
CarMax
as a
. The company's strengths can be seen in multiple areas, such as its impressive record of earnings per share growth, robust revenue growth, notable return on equity, compelling growth in net income and solid stock price performance. We feel these strengths outweigh the fact that the company shows low profit margins.
- You can view the full CarMax Ratings Report.
On the positive front,
Books-A-Million
(
BAMM
), up 7.3%,
(
), up 5.4%,
(
), up 3.6% and
(
), up 2.7% , were all gainers within the specialty retail industry with
(
) being today's featured specialty retail industry leader.
- 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
ProShares Ultra Sht Consumer Goods
(
).
- Find other investment ideas from our top rated ETFs lists.
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