CarMax Inc. (KMX): Today's Featured Specialty Retail Loser

CarMax ( KMX) pushed the Specialty Retail industry lower today making it today's featured Specialty Retail loser. The industry as a whole closed the day up 0.5%. By the end of trading, CarMax fell 43 cents (-1.4%) to $30.87 on average volume. Throughout the day, 1.9 million shares of CarMax exchanged hands as compared to its average daily volume of 1.7 million shares. The stock ranged in price between $30.86-$31.27 after having opened the day at $31.27 as compared to the previous trading day's close of $31.30. Other company's within the Specialty Retail industry that declined today were: West Marine ( WMAR), down 5.6%, Office Depot ( ODP), down 5%, OfficeMax ( OMX), down 4.5%, and Netflix ( NFLX), down 4.3%.

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 $7.11 billion and is part of the services sector. Currently there are nine analysts that rate CarMax a buy, no analysts rate it a sell, and two rate it a hold.

TheStreet Ratings rates CarMax as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, reasonable valuation levels, growth in earnings per share and increase in net income. We feel these strengths outweigh the fact that the company shows weak operating cash flow.

On the positive front, Barnes & Noble ( BKS), up 51.7%, Books-A-Million ( BAMM), up 25.1%, iParty Corporation ( IPT), up 12.9%, and Francescas Holdings ( FRAN), up 5.4%, were all gainers within the specialty retail industry with Zagg ( ZAGG) being today's featured specialty retail industry winner.

For investors not wanting singular stock exposure, ETFs may be of interest. Investors who are bullish on the specialty retail industry could consider SPDR S&P Retail ETF ( XRT) while those bearish on the specialty retail industry could consider ProShares Ultra Sht Consumer Goods ( SZK).
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