CarMax (KMX) PT Raised to $75 at RBC Capital
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CarMax (KMX) PT Raised to $70 at Truist Securities
June 21, 2024 1:09 PM EDTTruist Securities analyst Scot Ciccarelli raised the price target on CarMax (NYSE: KMX) to $70.00 (from $66.00) while maintaining a Hold rating.
The analyst comments "1Q was in-line with our/investors muted expectations. While affordability modestly improved (APSs down ~3%), sales trends remain challenged, with used unit comps... More
Used car retailer CarMax posts 33% drop in first-quarter profit
June 21, 2024 7:00 AM EDT(Reuters) -CarMax reported a 33% fall in first-quarter profit on Friday, as lower margins from vehicles sold continued to impact the used-vehicle industry.
Pre-owned vehicle retailers have had a bumpy ride with profitability worsening over the last few years as new vehicle availability improved.
Better offers and trade-in deals on new vehicles have also kept potential buyers at bay from considering used vehicles.
Used vehicle dealers have been forced to sell cars at heavily discounted... More
CarMax (KMX) Misses Q1 EPS by 1c, Misses on Revenue
June 21, 2024 6:52 AM EDTCarMax (NYSE: KMX) reported Q1 EPS of $0.97, $0.01 worse than the analyst estimate of $0.98. Revenue for the quarter came in at $7.11 billion versus the consensus estimate of $7.2 billion.
For earnings history and earnings-related data on CarMax (KMX) click here.
... MoreIncreasing unusual put option volume: CHPT NNOX SILJ MGA JBL KBH MAXN KMX
June 21, 2024 6:05 AM EDTIncreasing unusual put option volume: CHPT NNOX SILJ MGA JBL KBH MAXN KMX
... MoreMicrosoft on top, Boeing's deal, UK public debt - what's moving markets
June 21, 2024 4:47 AM EDTInvesting.com -- Microsoft regains its title as the world's most valuable company after Nvidia's stock retreated. Wall Street is set for a calm open, while Boeing is close to regaining control of Spirit AeroSystems.Â
1. Microsoft takes back the lead, for now
Microsoft (NASDAQ: MSFT) has regained its title of the worlds most valuable company, after Nvidias shares declined over 3% on Thursday.
Nvidia (NASDAQ: NVDA), whose market capitalization surpassed that of Microsoft on Tuesday,... More
CarMax (KMX) June option implied volatility into quarter results
June 20, 2024 12:03 PM EDTCarMax (NYSE: KMX) June call option implied volatility is at 235, July is at 45; compared to its 52-week range of 30 to 83 into the expected release of quarter results before the bell on June 21.
... MoreCarMax (KMX) June 72.50 straddle into quarter results
June 20, 2024 5:31 AM EDTCarMax (NYSE: KMX) June 72.50 straddle priced for a move of 11% into the expected release of quarter results before the bell on June 21.
... More