CarMax's expected earnings growth has garnered attention amid some challenges with capital allocation. Dimensional Fund Advisors LP has significant holdings in CarMax, while the company's Q1 profit saw a 33% decline. Analysts are suggesting CarMax as a long-term AI set to rally, even as some sell their stakes. CarMax's earnings forecast for Q2 2025 is pegged at $0.86 per share, with high rates and supply issues impacting Q2 performance. Despite some performance misses, the company continues to receive positive ratings and remains an attractive investment for many. However, caution as the company's past three years' performance has been less than stellar. Investors are advised to thoroughly research before buying CarMax stocks. Mixed reviews of the company's financials and strategy abound, and while the company's shares have occasionally underperformed, analysts see potential for returns. Cost reduction and enhanced competitiveness may boost CarMax's prospects, while Q4 earnings dips are viewed as investment opportunities.
Carmax KMX News Analytics from Thu, 21 Dec 2023 08:00:00 GMT to Sun, 22 Sep 2024 11:23:32 GMT -
Rating -3
- Innovation 2
- Information 5
- Rumor -4
