Analyst Scoreboard: 5 Ratings For CarMax
Portfolio Pulse from Benzinga Insights
Recent analyst ratings for CarMax (NYSE:KMX) show a mix of opinions, with 3 somewhat bullish, 1 indifferent, and 1 somewhat bearish ratings over the last three months. The average 12-month price target for KMX has been raised to $79.6, indicating a 7.57% increase from the previous target of $74. Despite facing revenue challenges with a -5.49% decline over 3 months, CarMax's net margin and ROA outperform industry averages. However, its ROE is below industry standards, and it has a conservative debt-to-equity ratio of 3.22.
February 16, 2024 | 3:00 pm
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CarMax has received mixed analyst ratings with an updated average 12-month price target of $79.6. Despite a revenue decline, the company's net margin and ROA are strong, but it faces challenges with ROE and has a conservative debt approach.
The updated average price target suggests analysts see potential in CarMax's stock, likely due to its strong net margin and ROA. However, the revenue decline and below-average ROE indicate areas of concern. The conservative debt-to-equity ratio may appeal to risk-averse investors, balancing the outlook.
CONFIDENCE 85
IMPORTANCE 90
RELEVANCE 100