Monday’s Market Minute: Previewing The End Of September
Another busy week for traders and investors, but it only takes a market minute to get ahead of what could move markets.
Return on Capital Employed Overview: CarMax
After pulling data from Benzinga Pro it seems like during Q1, CarMax (NYSE:KMX) earned $562.28 million, a 105.56% increase from the preceding quarter. CarMax also posted a total of $7.70 billion in sales, a 49.07% increase since Q4.
What 8 Analyst Ratings Have To Say About CarMax
Analysts have provided the following ratings for CarMax (NYSE:KMX) within the last quarter:
Last 30 Days
1 Month Ago
2 Months Ago
B of A Securities Maintains Buy on CarMax, Raises Price Target to $200
B of A Securities analyst John Murphy maintains CarMax (NYSE:KMX) with a Buy and raises the price target from $150 to $200.
Oracle And CarMax Lead The SPY Higher Wednesday
U.S. indices were trading higher Wednesday after the 10-year treasury yield fell to its lowest level since February at 1.3%.
10 Biggest Price Target Changes For Monday
Barclays raised the price target for Accenture plc (NYSE: ACN) from $310 to $335. Accenture shares rose 1.1% to close at $294.66 on Friday.
JP Morgan Maintains Neutral on CarMax, Raises Price Target to $120
JP Morgan analyst Rajat Gupta maintains CarMax (NYSE:KMX) with a Neutral and raises the price target from $115 to $120.
Baird Maintains Outperform on CarMax, Raises Price Target to $140
Baird analyst Craig Kennison maintains CarMax (NYSE:KMX) with a Outperform and raises the price target from $125 to $140.
RBC Capital Maintains Outperform on CarMax, Raises Price Target to $160
RBC Capital analyst Scot Ciccarelli maintains CarMax (NYSE:KMX) with a Outperform and raises the price target from $148 to $160.
Nike And Wells Fargo Lead The SPY Higher Friday
U.S. indices continued higher Friday after President Joe Biden declared that the White House had struck an infrastructure deal with a bipartisan group of senators.
Investors also continue to weigh recent comments from Fed Chair Powell, who indicated inflationary pressures would abate.