CarMax Inc. (NYSE:KMX) has been engaging the attention of industry analysts and investors with a mix of positive and negative recent activities. Notably, analyst ratings have been reiterated, and varied holdings activity has been noticed from entities like Envestnet Portfolio Solutions Inc. and SG Americas Securities LLC. Meanwhile, the company's first-quarter profit experienced a 33% drop, while the total liabilities stood at $21,075m as of May 2024. Persistent supply issues and high rates have posed challenges, and share performance, though improving, is underperforming the market slightly. The company's position ahead of Q1 earnings is noted, with missed estimates and declining revenues. Despite the hurdles faced, CarMax still emerges as a strong contender among top auto and truck dealership stocks. However, investors are advised to brace for potential challenges, such as a cautious outlook and potential share de-rating arising from continued share loss.
Carmax KMX News Analytics from Thu, 21 Dec 2023 08:00:00 GMT to Sun, 18 Aug 2024 10:18:27 GMT -
Rating -5
- Innovation 4
- Information 6
- Rumor 2
