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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美东时间9月27日，多家华尔街大行更新了$车美仕 (KMX.US)$的评级，目标价介于65美元至105美元。
摩根士丹利分析师Adam Jonas维持买入评级，维持目标价80美元。
摩根大通分析师Rajat Gupta CFA维持卖出评级，目标价65美元。
Evercore分析师Michael Montani维持持有评级，并将目标价从74美元上调至79美元。
奥本海默控股分析师Brian Nagel维持买入评级，维持目标价105美元。
Needham分析师Chris Pierce维持买入评级，并将目标价从87美元上调至90美元。
此外，综合报道，$车美仕 (KMX.US)$近期主要分析师观点如下：
车美仕的第二季度财报提供了一个暗示，即市场份额稳定和零售利润增长，然而增加的贷款损失和低至中等收入消费者的不确定经济环境仍然存在风险。预计市场份额将逐渐稳定，基础盈利能力将提高，尽管预计每股收益将继续低于2025年日历趋势。
车美仕第二季度表现揭示了一系列结果，收益不及预期，而营业收入超过预期。尽管相比零售单位，进入第三季度的可比零售单位增长了4.3%，但车美仕汽车金融收入年度同比下降了14%，迹象表明信贷指标可能恶化。尽管对FY24和FY25的未来每股收益预期已适度降低，但评估认为单位趋势已经开始稳定。此外，对利率期货降低的预期有助于通过提高盈利倍数而形成更乐观的估值。
以下为今日8位分析师对$车美仕 (KMX.US)$的最新投资评级及目标价：
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