CarMax, Inc.’s Stock Price Soars to $84.23, Marking a Robust 3.45% Increase

CarMax, Inc. (KMX)

84.23 USD +2.81 (+3.45%) Volume: 5.31M

CarMax, Inc.’s stock price is currently standing at 84.23 USD, marking a notable increase of +3.45% in this trading session, backed by a robust trading volume of 5.31M. The automotive retailer’s stock has also demonstrated a strong performance YTD, with a percentage change of +10.61%, making it a potential contender for investor consideration.

Latest developments on CarMax, Inc.

CarMax Inc. has seen a surge in its stock price today following the release of its third-quarter earnings report. The company reported a 53% increase in net income and a 1.2% rise in revenue, exceeding expectations. Despite a decrease in used car prices, CarMax managed to sell more vehicles than anticipated, with sales rising for the first time in two years. This positive performance has led to a boost in investor confidence, with the stock trading up and reaching a new 52-week high. Analysts are optimistic about CarMax’s future outlook, with forecasts for continued earnings growth. The company’s ability to deliver strong results in a challenging market environment has positioned it as a top stock mover today, alongside other big names like Darden Restaurants and Micron Technology.

CarMax, Inc. on Smartkarma

Analysts at Baptista Research have provided bullish insights on Carmax Inc, highlighting the company’s enhanced digital and omni-channel capabilities as major drivers for growth. In a recent report on Smartkarma, they noted that despite a slight 1% decline in total sales for the second quarter of fiscal year 2025, CarMax managed to offset this with increased retail volume. The company’s ability to navigate challenges in the auto loan market and post positive results has impressed analysts.

Furthermore, Baptista Research‘s analysis of Carmax Inc‘s operational efficiencies in reconditioning and logistics has also painted a positive picture for the company’s bottom line. In their report on Smartkarma, analysts pointed out a stabilization in vehicle values and a decrease in average vehicle selling prices as encouraging business trends for the company. By objectively evaluating the financial data and future outlook, Baptista Research sees potential for growth and expansion in Carmax Inc‘s operations.

A look at CarMax, Inc. Smart Scores

Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma

CarMax Inc has a strong outlook for value, with a score of 4 indicating a positive assessment in this area. This suggests that the company is priced attractively in relation to its fundamentals, making it potentially a good investment opportunity for those seeking value in the market. However, the company’s dividend score is low at 1, indicating that it may not be a strong choice for income-seeking investors looking for regular dividend payouts.

While CarMax Inc receives a moderate score for growth and momentum at 3, its resilience score is lower at 2. This indicates that the company may face some challenges in terms of withstanding economic downturns or external shocks. Overall, based on the Smartkarma Smart Scores, CarMax Inc appears to have a mixed long-term outlook, with strengths in value and growth but weaknesses in resilience and dividend performance.

### CarMax, Inc. sells at retail used cars and light trucks. The Company purchases, reconditions, and sells used vehicles in its superstores and franchises throughout the United States. ###

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