- KMX has an average dollar-volume (as measured by average daily share volume multiplied by share price) of $136.8 million.
- KMX has traded 81,651 shares today.
- KMX is trading at a new lifetime high.
EXCLUSIVE OFFER: Get the inside scoop on opportunities in KMX with the Ticky from Trade-Ideas. See the FREE profile for KMX NOW at Trade-Ideas More details on KMX: 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. KMX has a PE ratio of 24.7. Currently there are 7 analysts that rate CarMax a buy, no analysts rate it a sell, and 4 rate it a hold. The average volume for CarMax has been 2.2 million shares per day over the past 30 days. CarMax has a market cap of $12.5 billion and is part of the services sector and specialty retail industry. The stock has a beta of 0.99 and a short float of 9.3% with 8.77 days to cover. Shares are up 27.8% year-to-date as of the close of trading on Wednesday. STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12 months. Learn more.
TheStreetRatings.com Analysis:TheStreet Quant Ratings rates CarMax as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, solid stock price performance, growth in earnings per share, increase in net income and notable return on equity. We feel these strengths outweigh the fact that the company has had generally high debt management risk by most measures that we evaluated. Highlights from the ratings report include:
- KMX's revenue growth has slightly outpaced the industry average of 9.7%. Since the same quarter one year prior, revenues rose by 10.8%. This growth in revenue appears to have trickled down to the company's bottom line, improving the earnings per share.
- The stock has risen over the past year as investors have generally rewarded the company for its earnings growth and other positive factors like the ones we have cited in this report. Looking ahead, unless broad bear market conditions prevail, we still see more upside potential for this stock, despite the fact that it has already risen over the past year.
- CARMAX INC has improved earnings per share by 12.9% in the most recent quarter compared to the same quarter a year ago. The company has demonstrated a pattern of positive earnings per share growth over the past two years. We feel that this trend should continue. During the past fiscal year, CARMAX INC increased its bottom line by earning $2.17 versus $1.87 in the prior year. This year, the market expects an improvement in earnings ($2.53 versus $2.17).
- The net income growth from the same quarter one year ago has exceeded that of the S&P 500, but is less than that of the Specialty Retail industry average. The net income increased by 10.2% when compared to the same quarter one year prior, going from $140.27 million to $154.52 million.
- The return on equity has improved slightly when compared to the same quarter one year prior. This can be construed as a modest strength in the organization. Compared to other companies in the Specialty Retail industry and the overall market on the basis of return on equity, CARMAX INC has underperformed in comparison with the industry average, but has exceeded that of the S&P 500.
- You can view the full CarMax Ratings Report.