2. As of noon trading, CarMax ( KMX) is up $0.68 (2.0%) to $35.22 on heavy volume Thus far, 1.6 million shares of CarMax exchanged hands as compared to its average daily volume of 2.1 million shares. The stock has ranged in price between $35.22-$36.15 after having opened the day at $35.39 as compared to the previous trading day's close of $34.53.

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 $7.9 billion and is part of the services sector. The company has a P/E ratio of 19.7, above the S&P 500 P/E ratio of 17.7. Shares are up 13.3% year to date as of the close of trading on Monday. Currently there are 9 analysts that rate CarMax a buy, no analysts rate it a sell, and 3 rate it a hold.

TheStreet Ratings rates CarMax as a hold. 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. Get the full CarMax Ratings Report now.

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