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Carmax KMX - News Analyzed: 3,871 - Last Week: 100 - Last Month: 497

⇘ Fluctuations in CarMax KMX Share Performance Amid Mixed Second Quarter Earnings

Fluctuations in CarMax KMX Share Performance Amid Mixed Second Quarter Earnings
CarMax, Inc. (KMX) shares are experiencing fluctuations in both analysts' views and market performance. Despite stocks falling behind competitors on some days and share sales from Bard Financial Services and Makaira Partners LLC, CarMax (KMX) sometimes experience surges. Q2 2025 financials and earnings calls highlight strong unit sales and margins, but reports show a 33% drop in first-quarter profits, and there are concerns about CarMax's capital allocation and the effect of loan losses on their earnings. Second-quarter performance has produced mixed reactions, with higher unit sales meeting revenue expectations, but leading to a lag in Earnings Per Share (EPS). Notably, continued share loss may drive de-rating, according to analysts. CarMax's stock is considered by Goldman to be a possible long-term AI investment but remains overvalued relative to peers, and there are issues of CEO compensation packages that may concern shareholders.

CarMax also misses Q2 estimates, warrants a lowered price target at $76.00, but maintains an 'Outperform' rating from Wedbush. There are speculations that JPMorgan may raise the CarMax price target, but it retains an 'underweight sell' rating according to Jim Cramer's report. A more positive note is that CarMax has been named on Fortune's Best Workplaces in Retail List for the tenth consecutive year.

Carmax KMX News Analytics from Tue, 26 Mar 2024 13:36:34 GMT to Sat, 05 Oct 2024 22:21:46 GMT - Rating -5 - Innovation 0 - Information 5 - Rumor -4

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