Professional
Added to YB: 2023-12-20
Pitch date: 2023-12-20
KMX [bullish]
CarMax, Inc.
-40.83%
current return
Author Info
No bio for this author
Company Info
CarMax, Inc., through its subsidiaries, operates as a retailer of used vehicles and related products in the United States.
Market Cap
$7.8B
Pitch Price
$84.20
Price Target
135.00 (+166%)
Dividend
N/A
EV/EBITDA
17.97
P/E
26.80
EV/Sales
0.87
Sector
Specialty Retail
Category
growth
CarMax: Auto Dealer Stocks Falling Hard on Hyundai-Amazon Partnership Is Too Much Fear-Mongering
Hyundai-Amazon deal spooked auto dealers -5-8%, but Whiston sees overreaction given state laws & dealers' full-service edge. $KMX stays strong w/ customer focus, omnichannel, $33-45B FY26 rev target. Flat commissions, no upselling, Love Your Car policy & used car expertise create moat. CAF key to value. Rate hikes & rivals a risk, but FCF, omnichannel spend keep $KMX on top in crowded market.
Read full article (15 min)