KMX - Carmax, Incorporated
As seen in the Media
At Ockham, we combine our proprietary stock valuation metrics with key snippets of pundit commentary.On this page you can find commentary specific to Carmax, Incorporated through our product RazorWire. RazorWire listens to shows like Mad Money, Cavuto, Money For Breakfast and many more. RazorWire also reads the best financial blogs. Then RazorWire slices just the snippets that discuss stocks covered in the Ockham Universe and brings those snippets to our clients.
Please use this page to keep up with what is being said about Carmax, Incorporated in the media. Or, visit our homepage for information on other stocks in the news right now.
Looking Ahead to the Next Trading Day: Closing Bell Discussed KMX After Hours
Check out the news on KMX because their stock is active in post market trading. This could be because of quarterly earnings or some other breaking news.
Our sentiment indicator, provided through the Motley Fool CAPS survey, suggests that investors are neutral overall towards KMX and think that it will generally perform in-line with the S&P 500. The Ockham valuation currently has a Fairly Valued stance on KMX because it trades within the price range that we would expect given current market conditions and fundamentals. When taking into account the amount of news coverage each stock normally sees as a percentage of the total, Carmax, Incorporated has actually sunk a bit in comparison to the others.
“… Warren buffett's berkshire hathaway trimmed in CARMAX and conoco phillips. Bill berkman joins us with an inside look at today's filings. > > hi, maria. > > …”
Regulators Interested in KMX? Possibly as Both Were Discussed on Bulls & Bears
A regulatory entity and Carmax, Incorporated were among the topics covered on Bulls & Bears and you can see more details below.
Our sentiment indicator, provided through the Motley Fool CAPS survey, suggests that investors are neutral overall towards KMX and think that it will generally perform in-line with the S&P 500. When taking into account the amount of news coverage each stock normally sees as a percentage of the total, Carmax, Incorporated has actually sunk a bit in comparison to the others. The Ockham valuation currently has a Fairly Valued stance on KMX because it trades within the price range that we would expect given current market conditions and fundamentals.
“… he bought CARMAX when the auto industry was in trouble and was so high. Everyone wanted used cars but he also said he will buy stocks and never sell them. …”
Slow Month for News Out of KMX But Closing Bell Mentions Them
It's been at least a month since we noticed any major news coverage of KMX, so the story in Closing Bell may get the ball rolling.
Carmax, Incorporated receives our Fairly Valued rating in our latest report because the current price does not seem out of line with the fundamentals. The Motley Fool CAPS crowd believes this stock will perform generally in line with the benchmark, or in other words the crowd is neutral. We noticed recently that in comparison to all other stocks we analyze in the news; KMX has received less coverage from the financial media in business television and blogs.
“… Berkshire hallaway and warren buffett, he has cut his holdings in CARMAX by 1 million shares to 8 million shares. He cut his holdings on conocophillips by nearly 20 million ... …”
See Who is Talking About News from KMX on Closing Bell
The latest news from business television and influential blogs is always available through Ockham's RazorWire, and this news is in relation to Carmax, Incorporated.
When looking at our entire coverage universe and ranking stocks by the attention they receive on RazorWire, it is clear that Carmax, Incorporated has been talked about more than normal recently. Crowd sentiment is neutral from the millions of opinions submitted through Motley Fool CAPS, which suggests most investors on their platform believe Carmax, Incorporated will perform just about the same as the index. After factoring in the current fundamentals versus their historically normal ranges, we have established a Fairly Valued stance on KMX.
“… Magna international rising here the big upgrade earlier in the day and then CARMAX, in terms of the used car market they, got slammed through the clunker program but they are ... …”
KMX's EPS discussed on Power Lunch
KMX's earnings per share was discussed on Power Lunch which means there is something significant going on. Profits are the metric we pay the most attention to in our methodology.
As we analyze the results from RazorWire, one thing we do is rank each stock in terms of amount of news coverage. Recently, KMX has been less covered in the news compared to the rest of our universe of stocks. After factoring in the current fundamentals versus their historically normal ranges, we have established a Fairly Valued stance on KMX. Crowd sentiment is neutral from the millions of opinions submitted through Motley Fool CAPS, which suggests most investors on their platform believe Carmax, Incorporated will perform just about the same as the index.
“… Check in on CARMAX, off its highs but strong gains. Beat on the top and bottom lines with earnings. Eps 33 cents a share, touched a new high of 23. …”
News on KMX From the Pundits on Power Lunch
Staying informed on the news is invaluable for investors, and RazorWire has captured a recently discussion on KMX from Power Lunch.
The Ockham valuation currently has a Fairly Valued stance on KMX because it trades within the price range that we would expect given current market conditions and fundamentals. When taking into account the amount of news coverage each stock normally sees as a percentage of the total, Carmax, Incorporated has actually sunk a bit in comparison to the others. Our sentiment indicator, provided through the Motley Fool CAPS survey, suggests that investors are neutral overall towards KMX and think that it will generally perform in-line with the S&P 500.
“… CARMAX came out and turned a profit in the third quarter compared to a loss from last year. And that's spilling over into autonation. …”
Earnings Per Share at KMX Were on the Docket at Squawk On The Street
Squawk On The Street discussed earnings per share, which is one of the metrics we look at most closely. At Ockham, anytime earnings are discussed we must pay attention.
Carmax, Incorporated receives our Fairly Valued rating in our latest report because the current price does not seem out of line with the fundamentals. We noticed recently that in comparison to all other stocks we analyze in the news; KMX has received less coverage from the financial media in business television and blogs. The Motley Fool CAPS crowd believes this stock will perform generally in line with the benchmark, or in other words the crowd is neutral.
“… CARMAX posted strongier sales, cost-cutting efforts and gains from its financing the fourth-quarter profit falling as fewer travelers book cruises during the recession, but lower ... …”
KMX Back in the News on Fox Business
After a month of relative quiet from KMX, they have appeared back in the news.
As we analyze the results from RazorWire, one thing we do is rank each stock in terms of amount of news coverage. Recently, KMX has been less covered in the news compared to the rest of our universe of stocks. After factoring in the current fundamentals versus their historically normal ranges, we have established a Fairly Valued stance on KMX. Crowd sentiment is neutral from the millions of opinions submitted through Motley Fool CAPS, which suggests most investors on their platform believe Carmax, Incorporated will perform just about the same as the index.
“… brian: like CARMAX? > > yeah, I still like CARMAX. > > brian: and even sales, they look better, but they're not great. We're looking at 11 million units sold for the year? …”
Investors Sentiment's Effect on Carmax, Incorporated on Fox Business
Sentiment and investors' opinions on KMX were covered on Fox Business recently and RazorWire has captured the news segment.
Our sentiment indicator, provided through the Motley Fool CAPS survey, suggests that investors are neutral overall towards KMX and think that it will generally perform in-line with the S&P 500. When taking into account the amount of news coverage each stock normally sees as a percentage of the total, Carmax, Incorporated has actually sunk a bit in comparison to the others. The Ockham valuation currently has a Fairly Valued stance on KMX because it trades within the price range that we would expect given current market conditions and fundamentals.
“… So don't get your advice from, at least some names, like a CARMAX, they've got a buy rating don't be worried about the big move up? …”
Carmax, Incorporated (KMX) Discussed on CNBC's Power Lunch
Carmax, Incorporated is in the news. Find out how this impacts KMX trading on Ockham Research.
These are close to a record high you see september of last year. Because the prices have been moving higher, it has been a big help to companies like car max. All the retailers are take a look at that chart over a heck of a mover year to date for CARMAX. So why the increase? Well, used car prices are pushed higher for mainly the main reason being a tight supply. There are fewer trade ins for new vehicles and that's limiting the used vehicle supply. Also the weak economy has a lot of owners driving their older cars longer. Not trading them in and as a result, though running used car auctions have never seen a surge in prices like this. Take a look at the manheim index. When we talked to them, they do not expect this situation to change. >> the supply situation is not as a matter of fact, it probably gets a little bit worse if you go further out in like 2011 and 2012. We're not producing used vehicles today. >> by the way, he also tells me this they expect prices to correct maybe 3% to 4%. They're starting to pull back a little bit. Don't expect a huge correction. For more on the used car market and why these high prices are here to stay, check out the blog behind the wheel.
“… So why the increase? Well, used car prices are pushed higher for mainly the main reason being a tight supply. There are fewer trade ins for new vehicles and that's limiting the used vehicle supply. Also the weak economy has a lot of owners driving their older cars longer. Not trading them in and as a result, though running used car auctions have never seen a surge in prices like this. Take a look at the manheim index. When we talked to them, they do not expect this situation to change. >> the supply situation is not as a matter of fact, it probably gets a little bit worse if you go further out in like 2011 and 2012. We're not producing used vehicles today. >> by the way, he also tells me this they expect prices to correct maybe 3% to 4%. They're starting to pull back a little bit. Don't expect a huge correction. For more on the used car market and why these high prices are here to stay, check out the blog behind the wheel. …”