Is CarMax stock a good Buy?
Out of 11 analysts, 1 (9.09%) are recommending KMX as a Strong Buy, 3 (27.27%) are recommending KMX as a Buy, 6 (54.55%) are recommending KMX as a Hold, 1 (9.09%) are recommending KMX as a Sell, and 0 (0%) are recommending KMX as a Strong Sell. If you’re new to stock investing, here’s how to buy Carmax stock.
Will CarMax stock go up?
Carmax Inc (NYSE:KMX)
The 13 analysts offering 12-month price forecasts for Carmax Inc have a median target of 105.00, with a high estimate of 124.00 and a low estimate of 73.00. The median estimate represents a +23.50% increase from the last price of 85.02.
Why is CarMax stock dropping?
Shares of CarMax fell Wednesday after the used car retailer posted impressive third-quarter revenue but analysts pointed to rising expenses and weakness in the company’s auto finance operations. The stock declined 5.4% to $129.54 on Wednesday, after rising sharply in premarket trading. Shares have gained 37% in 2021.
How many shares does CarMax have?
159.17M
Share Statistics
| Avg Vol (3 month) 3 | 1.32M |
|---|---|
| Shares Outstanding 5 | 159.17M |
| Implied Shares Outstanding 6 | N/A |
| Float 8 | 158.45M |
| % Held by Insiders 1 | 0.32% |
Is CarMax publicly traded?
Where is CarMax common stock traded and what is the ticker symbol? CarMax, Inc. common stock is traded on the New York Stock Exchange, under the symbol KMX. Prior to its separation from Circuit City in 2002, the Circuit City Stores — CarMax Group common stock was traded on the NYSE under the same symbol.
How many times has Carmax stock split?
According to our Carmax stock split history records, Carmax has had 1 split.
Who is the largest shareholder of CarMax?
Top 10 Owners of Carmax Inc
| Stockholder | Stake | Shares owned |
|---|---|---|
| The Vanguard Group, Inc. | 10.81% | 17,201,582 |
| Principal Global Investors LLC | 6.53% | 10,389,224 |
| Akre Capital Management LLC | 4.62% | 7,348,192 |
| BlackRock Fund Advisors | 4.55% | 7,236,632 |
How much debt does CarMax have?
CarMax long term debt for 2020 was $14.944B, a 8.47% increase from 2019.
Who is CarMax biggest competitor?
Penske Automotive is a major competitor of CarMax. However, it earned slightly more revenue than CarMax in 2019. Penske Automotive is the second-largest dealer of new cars in the United States.
…
3. Penske Automotive Group Inc.
| Company Name | Penske Automotive Group Inc. |
|---|---|
| Headquarter | Bloomfield Hills, Michigan, United States |
Is CarMax owned by Toyota?
By 1999, it added new vehicle franchises for Mitsubishi Motors, Toyota, and Nissan. In late 2021, CarMax sold its last new vehicle dealership, located in Kenosha, Wisconsin, to the Rydell Company.
CarMax.
| Type | Public company |
|---|---|
| Headquarters | Richmond, Virginia, U.S. |
Who owns CarMax now?
Bill Nash is president and chief executive officer of CarMax, the nation’s largest retailer of used cars with more than 30,000 associates at more than 230 retail locations, customer experience centers, corporate locations and CarMax Auto Finance (CAF).
How is CarMax doing financially?
Highlights: CarMax’s share of the nationwide age 0-10 year old used vehicle market increased to a record 4.0% in calendar year 2021, up approximately 13% from 3.5% in calendar year 2020. Net revenues rose 48.8% to $7.7 billion compared with the prior year fourth quarter.
Is Carvana bigger than CarMax?
Carvana is about to surpass CarMax as the largest online car dealership.
Why is CarMax so successful?
How did CarMax become a Fortune 500 company? They state on their website that it’s because of low and transparent prices, friendly customer service, their wide array of vehicles available nationwide, and their WBYCEIYDBO policy.
What is the largest CarMax?
RICHMOND, Virginia (October 26, 2016) – CarMax, Inc. (NYSE: KMX), the nation’s largest retailer of used cars, selected the city of Murrieta as the location to build the company’s largest multi-purpose facility to date.
Will Carvana match CarMax?
Even if you’ve shopped around and found a lower price elsewhere, online car sites like Vroom, Carvana and CarMax won’t match it.
Who is Carvana’s competitor?
Carvana’s top competitors include Uxin, carwow, and Cazoo. Uxin (NASDAQ: UXIN) provides professional online transaction services for used cars.
Where can I sell my car for the most money?
Autotrader: Great for getting eyes on your listing.
Who pays more for your car than CarMax?
CarBuyerUSA will Beat any CarMAX Offer
maybe not so much for people that need access to fast cash. CarBuyerUSA beats CarMAX offers 9 times out of 10 – and we pay you the same day! That’s right folks, our funds are guaranteed and you have access to your money the same.
How is Vroom different than Carvana?
Vroom charges a delivery fee for the car based on the distance between your location and the car. Delivery fees are disclosed when you select a vehicle, and they are nonrefundable. Meanwhile, Carvana will deliver the car to your house free of charge if you live within one of its local markets.
Can you negotiate with CarMax when selling a car?
CarMax advertises “no-haggle” pricing, and it does not offer price matching or negotiation on any car purchases, sales or trade-ins. Does CarMax financing require a down payment?
Who pays more Carvana CarMax or Vroom?
In order to do this, they requested quotes for 100 different vehicles – with varying manufacturers, mileage, and age – and then compared the results. CarMax was the clear winner as their average offer was $13,902 which was $1,007 more than Carvana and $1,127 more than Vroom.
Who pays better Carvana or Vroom?
Overall, Vroom also offers, on average, higher winning bids, meaning they are more likely to pay a higher price by bidding on more expensive vehicles than Carvana is. Vroom’s average winning bid is $1,880, while Carvana has an average winning bid of $1,218.
Does Carvana match CarMax?
Who is the owner of CarMax?
William D. Nash (Sep 1, 2016–)CarMax / CEO