CarMax Inc with ticker code (KMX) now have 13 analysts in total covering the stock. The consensus rating is ‘Buy’. The target price ranges between 165 and 87 calculating the mean target price we have 131.85. Now with the previous closing price of 99.82 this would imply there is a potential upside of 32.1%. The day 50 moving average is 104.28 and the 200 day MA is 126.5. The market cap for the company is $15,806m. Company Website: https://www.carmax.com
The potential market cap would be $20,878m based on the market concensus.
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; and extended protection plans to customers at the time of sale, as well as sells vehicles that are approximately 10 years old and has more than 100,000 miles through whole auctions. 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 28, 2021, it operated approximately 220 used car stores and 1 new car franchises. CarMax was founded in 1993 and is based in Richmond, Virginia.
