On Sep 27, major Wall Street analysts update their ratings for $CarMax (KMX.US)$, with price targets ranging from $65 to $105.
Morgan Stanley analyst Adam Jonas maintains with a buy rating, and maintains the target price at $80.
J.P. Morgan analyst Rajat Gupta CFA maintains with a sell rating, and sets the target price at $65.
Evercore analyst Michael Montani maintains with a hold rating, and adjusts the target price from $74 to $79.
Oppenheimer analyst Brian Nagel maintains with a buy rating, and maintains the target price at $105.
Needham analyst Chris Pierce maintains with a buy rating, and adjusts the target price from $87 to $90.
Furthermore, according to the comprehensive report, the opinions of $CarMax (KMX.US)$'s main analysts recently are as follows:
CarMax's fiscal Q2 results offered a hint at stabilizing market share and growth in retail profits, yet the potential for increased loan losses and an uncertain economic environment for low to middle income consumers persist as risks. Expectations are set for a gradual stabilization in market share and an enhancement in underlying profitability, although earnings per share are anticipated to stay below the trend into calendar 2025.
The Q2 performance of CarMax revealed a combination of outcomes, with earnings falling short of expectations while revenue exceeded them. Despite a 4.3% rise in comparable retail units carrying forward into Q3, there was a notable 14% year-over-year decrease in income from CarMax Auto Finance, and signs indicate a potential deterioration in credit metrics. Although future earnings per share estimates for FY24 and FY25 have been modestly reduced, the assessment is that unit trends have begun to stabilize. Furthermore, the anticipation of lower interest rates has contributed to a more optimistic valuation through an increased earnings multiple.
Here are the latest investment ratings and price targets for $CarMax (KMX.US)$ from 8 analysts:
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美東時間9月27日，多家華爾街大行更新了$車美仕 (KMX.US)$的評級，目標價介於65美元至105美元。
摩根士丹利分析師Adam Jonas維持買入評級，維持目標價80美元。
摩根大通分析師Rajat Gupta CFA維持賣出評級，目標價65美元。
Evercore分析師Michael Montani維持持有評級，並將目標價從74美元上調至79美元。
奧本海默控股分析師Brian Nagel維持買入評級，維持目標價105美元。
Needham分析師Chris Pierce維持買入評級，並將目標價從87美元上調至90美元。
此外，綜合報道，$車美仕 (KMX.US)$近期主要分析師觀點如下：
CarMax的第二財季業績暗示着市場份額的穩定和零售利潤的增長，但中低收入消費者貸款損失增加和經濟環境不確定的可能性仍然存在風險。儘管預計到2025年每股收益將保持在趨勢以下，但預計市場份額將逐步穩定並提高基礎盈利能力。
CarMax第二季度的業績顯示了多種業績，收益低於預期，而收入卻超過了預期。儘管延續到第三季度的可比零售單位增長了4.3％，但CarMax Auto Finance的收入同比明顯下降了14％，有跡象表明信貸指標可能惡化。儘管對24財年和25財年的未來每股收益預期略有下降，但評估認爲單位趨勢已開始穩定。此外，對較低利率的預期通過增加收益倍數推動了更樂觀的估值。
以下爲今日8位分析師對$車美仕 (KMX.US)$的最新投資評級及目標價：
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