Published On: Wed, Oct 19th, 2016

CarMax Inc (NYSE:KMX) Latest Broker Views


A number of investment brokers have recently updated their price targets on shares of CarMax Inc (NYSE:KMX).

Most recent broker ratings

10/18/2016 – CarMax Inc had its “neutral” rating reiterated by analysts at Wedbush. They now have a USD 55 price target on the stock.

10/14/2016 – CarMax Inc had its “outperform” rating reiterated by analysts at Oppenheimer. They now have a USD 66 price target on the stock.

09/22/2016 – CarMax Inc had its “hold” rating reiterated by analysts at Deutsche Bank. They now have a USD 66 price target on the stock.

09/19/2016 – CarMax Inc had its “buy” rating reiterated by analysts at Goldman Sachs. They now have a USD 63 price target on the stock.

09/09/2016 – CarMax Inc was downgraded to “neutral” by analysts at Buckingham Research. They now have a USD 63 price target on the stock.

09/07/2016 – CarMax Inc had its “neutral” rating reiterated by analysts at Robert W. Baird. They now have a USD 64 price target on the stock.

08/26/2016 – Susquehanna began new coverage on CarMax Inc giving the company a “positive” rating. They now have a USD 70 price target on the stock.

04/08/2016 – CarMax Inc had its “sector perform” rating reiterated by analysts at RBC Capital. They now have a USD 54 price target on the stock.

03/29/2016 – CarMax Inc had its “equal-weight” rating reiterated by analysts at Morgan Stanley. They now have a USD 52 price target on the stock.

03/28/2016 – CarMax Inc was downgraded to “neutral” by analysts at Sterne Agee.

03/17/2016 – CarMax Inc was downgraded to “underperform” by analysts at Wolfe Research.

03/11/2016 – CarMax Inc had its “neutral” rating reiterated by analysts at Northcoast Research.

12/17/2015 – CarMax Inc had its “buy” rating reiterated by analysts at Stifel Nicolaus. They now have a USD 80 price target on the stock.

09/23/2015 – CarMax Inc had its “outperform” rating reiterated by analysts at William Blair.

06/30/2015 – CarMax Inc had its “overweight” rating reiterated by analysts at KeyBanc.

The share price of CarMax Inc (NYSE:KMX) was down -0.14% during the last day of trading, with a day high of 51.93. 2122544 shares were traded during the last session.

The stock’s 50 day moving average is 54.86 and its 200 day moving average is 53.85. The stock’s market capitalization is 9.71B. CarMax Inc has a 52-week low of 41.25 and a 52-week high of 60.81.

CarMax, Inc. (CarMax) is a holding company. The Company is a retailer of used vehicles. The Company operates through two segments: CarMax Sales Operations and CarMax Auto Finance (CAF). The Company’s CarMax Sales Operations segment consists of all aspects of its auto merchandising and service operations, excluding financing provided by CAF. The Company’s CAF segment consists of its own finance operation that provides vehicle financing through CarMax stores. The Company operates approximately 160 used car stores in over 70 metropolitan markets. The Company’s products and services include retail merchandising, wholesale auctions, extended protection plans (EPPs), reconditioning and service, and customer credit. The Company’s CarMax Sales Operations segment sells used vehicles, purchases used vehicles from customers and other sources, sells related products and services, and arranges financing options for customers. CAF operates in the auto finance sector of the consumer finance market.