CarMax Inc with ticker code (KMX) now have 13 analysts covering the stock. The analyst consensus points to a rating of ‘Buy’. The target price ranges between 180 and 73 with a mean TP of 115.54. With the stocks previous close at 94.87 this indicates there is a potential upside of 21.8%. The 50 day MA is 93.27 and the 200 day moving average is 96.08. The company has a market cap of $15,472m. Visit the company website at: http://www.carmax.com
CarMax, through its subsidiaries, operates as a retailer of used vehicles in the United States. The company operates in two segments, CarMax Sales Operations and CarMax Auto Finance. It offers customers a range of makes and models of used vehicles, including domestic, imported, and luxury vehicles; vehicles that do not meet its retail standards to licensed dealers through on-site wholesale auctions; and extended protection plans to customers at the time of sale. The company also provides reconditioning and vehicle repair services; and financing alternatives for retail customers across a range of credit spectrum through its CarMax Auto Finance and arrangements with various financial institutions. As of February 29, 2020, it operated approximately 216 stores and 2 new car franchises. CarMax was founded in 1993 and is based in Richmond, Virginia.
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