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CarMax, symbol KMX-N, is poised for a potentially strong earnings report as analysts suggest the company may beat expectations. The used car industry has faced challenges with rising prices; however, a decline in these prices over the last two quarters indicates a potential turnaround. Experts believe this decline will boost sales volumes in the industry moving forward. CarMax's ability to adapt to these market conditions puts it in a favorable position as consumer demand may start to recover, positioning the company for growth in the upcoming periods. Investors are cautiously optimistic about the company's performance amid these industry fluctuations.
CarMax is a American stock, trading under the symbol KMX-N on the New York Stock Exchange (KMX). It is usually referred to as NYSE:KMX or KMX-N
In the last year, 1 stock analyst published opinions about KMX-N. 1 analyst recommended to BUY the stock. 0 analysts recommended to SELL the stock. The latest stock analyst recommendation is . Read the latest stock experts' ratings for CarMax.
CarMax was never recommended as a Top Pick on Stockchase. Read the latest stock experts ratings for CarMax.
Earnings reports or recent company news can cause the stock price to drop. Read stock experts’ recommendations for help on deciding if you should buy, sell or hold the stock.
In the last year, there was no coverage of CarMax published on Stockchase.
On 2025-02-12, CarMax (KMX-N) stock closed at a price of $85.79.
They can beat earnings when they report tomorrow. The industry has been hurt because the price of used cars was getting so high, but has been coming down the last two quarters. The industry will start to accelerate in volumes.