Expert Ratings For CarMax
Portfolio Pulse from Benzinga Insights
Analysts have mixed opinions on CarMax (NYSE:KMX), with recent ratings ranging from bullish to bearish. Over the last quarter, there were 4 somewhat bullish, 1 indifferent, and 1 somewhat bearish ratings. The average 12-month price target is $79.67, a slight increase from the previous $78.00. CarMax is a major used-vehicle retailer in the U.S. with about 4% market share. Despite a -5.49% revenue decline over 3 months, CarMax maintains a strong net margin of 1.33% and an ROA of 0.3%, but has a lower-than-average ROE of 1.36% and a healthy debt-to-equity ratio of 3.22.
January 17, 2024 | 2:00 pm
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NEUTRAL IMPACT
Analysts show mixed sentiments on CarMax with a new average price target of $79.67, indicating a potential upside. The company's financial health appears stable with a strong net margin and ROA, but faces challenges with revenue growth and ROE.
The mixed analyst ratings and the slight increase in the average price target suggest a neutral short-term impact on KMX's stock price. The company's strong net margin and ROA are positive indicators, while the revenue decline and below-average ROE present some concerns. The overall financial stability of CarMax, as indicated by the debt-to-equity ratio, supports a neutral score.
CONFIDENCE 80
IMPORTANCE 75
RELEVANCE 100