Carmax

CarMax shares rose to a 52-week high of $62.57 and are currently trading at $62.54. Year-to-date the stock is up about 58%, up 37% over the past six months; the one-year return is roughly 5.5%. Analysts reacted positively: UBS, Benchmark, JPMorgan and Barclays raised ratings or price targets after better-than-expected quarterly results and increasing vehicle volume. However, InvestingPro notes a possible overvaluation and weak gross profit margins of 11.8%. » More on de.investing.com

Vulcan Value Partners said CarMax stock performed well in Q2 2026 and fiscal Q1 2027 results met expectations as volumes responded to targeted price investments. The firm praised new CEO Keith Barr and noted the stock’s rise while its own valuation remained stable, prompting a sale to reallocate capital into more discounted holdings. CarMax closed July 29 at $59.11 with a market cap of $8.39 billion and posted a one-month gain of 15.95%. » More on finance.yahoo.com

CarMax reported Q1 FY2027 net revenue up 6.2% to $8.01 billion and unit sales up 3.3%, while EPS fell to $1.31 and retail gross profit per used unit declined $230 as the company intentionally cut prices to boost volume. Management under new CEO Keith Barr outlined a four-pillar strategy emphasizing omnichannel expansion, operational efficiency and customer experience, paused buybacks and added a $500 million term loan to shore up balance sheet flexibility. SG&A declined 3.7% with a $200 million FY2027 exit-rate savings target and CarMax Auto Finance showed stable income and improved credit losses, leaving a constructive long-term outlook contingent on execution and margin stabilization. » More on finance.yahoo.com