Carmax (KMX) Stock Price
Carmax Price
Revenue has compounded at 6.8% per year over the past 19 years to 25.88 B USD. Earnings per share have grown at 3.5% per year over the last 19 years. Carmax's net margin stands at 1.0%, down from 3.6% several years earlier. Analysts set a median price target of 50.00 USD, implying 5.9% below the current price. Of 25 analysts, 7 rate the stock a buy — an overall Hold consensus.
Carmax stock price
Carmax business model & stock analysis
Frequently asked questions about Carmax
Carmax Inc is primarily active in the automotive industry.
The main competitors of Carmax Inc in the market include companies such as AutoNation Inc, Carvana Co, and Penske Automotive Group Inc.
Carmax Inc, founded in 1993, is a well-established automotive retail company headquartered in Richmond, Virginia. It is one of the leading retailers of used vehicles and related services in the United States. With over 200 locations across the country, Carmax Inc provides a wide selection of high-quality used cars, trucks, and SUVs to cater to various customer preferences. The company prides itself on its transparent and customer-friendly approach, offering a no-haggle pricing strategy and a commitment to excellent customer service. Over the years, Carmax Inc has gained a strong reputation as a trusted and reliable source for pre-owned vehicles, making it a top choice for car buyers nationwide.
Some significant milestones that Carmax Inc has achieved include becoming the largest used-car retailer in the United States, expanding their presence with over 220 locations nationwide, and consistently earning high customer satisfaction ratings. The company has also been recognized as one of Fortune's "100 Best Companies to Work For" multiple times, showcasing their commitment to employee satisfaction and engagement. Carmax Inc has demonstrated strong financial performance and growth over the years, with increasing revenue and market share. These achievements highlight Carmax Inc's success in the automotive retail industry and their ability to provide a reliable and trusted car buying experience for customers.
Carmax Inc is primarily present in the United States.
Carmax Inc represents values of transparency, integrity, and exceptional customer service. With a strong corporate philosophy, Carmax aims to provide a hassle-free car buying experience for customers. The company prioritizes offering a wide selection of high-quality used cars, ensuring each vehicle undergoes a thorough inspection process. Carmax is committed to fair and upfront pricing, enabling customers to make informed decisions. Through their strong values and corporate philosophy, Carmax Inc strives to build trust and long-term relationships with their customers.
The business model of Carmax Inc revolves around being a leading retailer of used vehicles and related services. Carmax operates through a unique concept of providing a hassle-free car buying experience to customers. The company offers a wide selection of high-quality used cars and trucks, providing customers with transparency, fair pricing, and a no-haggle purchasing process. Additionally, Carmax offers vehicle appraisals, financing options, extended warranties, and a range of aftermarket products. With a focus on customer satisfaction and convenient shopping, Carmax has established itself as a trusted destination for pre-owned vehicle purchases.
Analysts currently set an average price target of 52.11 USD for the Carmax stock (median: 50.00 USD), implying -1.9 % versus the latest price. The consensus is based on 25 analyst ratings.
25 analysts currently rate the Carmax stock: 7 recommend buying, 17 holding and 1 selling.
Converted at the current exchange rate, the Carmax share trades at 47.41 EUR (53.12 USD).
The Carmax share (KMX) is listed on 7 stock exchanges, including: NYSE (KMX), London (0HTQ.L), SIX (Zürich) (XA4.SW), Frankfurt (XA4.F), München (XA4.MU), Düsseldorf (XA4.DU).
Carmax Inc is a US-based company specializing in the sale of used cars. The company was founded in 1993 and has quickly become one of the leading providers of used cars in the USA. Carmax currently operates over 200 branches in the USA and has an annual revenue of over $18 billion. The business model of Carmax is based on two core areas: the sale of used cars and financing. In the sales area, Carmax offers a wide range of used cars, including sedans, SUVs, trucks, and sports cars. The company also offers a variety of vehicle brands, including Toyota, Honda, Chevrolet, Ford, BMW, and Mercedes-Benz. Carmax's sales business is quite simple and transparent. The company uses a pricing strategy based on market price analysis and the condition of the vehicle to ensure that prices are fair and competitive. The company also buys used cars from customers, which is another avenue for increasing sales. In the financing business, Carmax offers customers various financing and insurance services to ensure a smooth purchasing process. The financing business is mainly based on car loans and leasing options. To further improve its business model, Carmax also offers various services and products that provide added value to its customers. These include warranties, maintenance and repair services, as well as vehicle inspection and certification. In addition to the core business areas, Carmax also has an online portal that allows customers to browse used cars, compare reviews, and even complete the purchasing process online. This online presence has allowed the company to reach more customers and further promote growth. Compared to traditional car dealerships, Carmax offers its customers a unique, stress-free, and customer-oriented experience. Customers have the opportunity to test drive different vehicles and consult with experienced professionals during the purchasing process. The company has also built a reputation for excellent customer service and high-quality vehicles, setting it apart from other used car dealers in the market. In conclusion, Carmax Inc has become one of the leading providers of used cars in the USA by offering transparent pricing strategies, fair deals, and excellent customer service. The company has also focused on financing, additional services, and innovative online presence to enhance its services and expand its market share.
The revenue of Carmax is 25.88 B USD. This figure is based on current financial data and reflects the company's business performance.
The profit of Carmax is 247.29 M USD. The net profit reflects the company's profitability after deducting all expenses.
The price-to-earnings ratio (P/E) of Carmax is currently 30.53. The P/E ratio compares the current share price to the earnings per share and helps investors assess the valuation of the Carmax stock.
The price-to-sales ratio (P/S) of Carmax is currently 0.29. The P/S ratio compares the market capitalization to the annual revenue and serves as a valuation metric for the Carmax stock.
The Eulerpool Quality Score for Carmax is 4/10.
The ISIN of Carmax is US1431301027. The ISIN (International Securities Identification Number) is a globally unique identifier for securities.
The WKN of Carmax is 662604. The WKN (Wertpapierkennnummer) is a six-digit German security identification number.
The ticker of Carmax is KMX. The ticker symbol is used to trade Carmax shares on the stock exchange.
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All fundamentals and in-depth analysis of Carmax
Our stock analysis for Carmax stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of Carmax. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.