Is It Time To Reconsider CarMax (KMX) After The Recent Share Price Slump
Get insights on thousands of stocks from the global community of over 7 million individual investors at Simply Wall St.
-
If you are wondering whether CarMax shares still reflect the value of the underlying business, you are not alone, especially with sentiment on the stock having shifted over time.
-
The share price closed at US$45.53, with a 30 day return of 15.8% and a 7 day return of 4.8% decline, while the 1 year return of 48.0% decline contrasts with a 5 year return of 63.8% decline.
-
Recent coverage around CarMax has focused on its role as a major used car retailer, with investors weighing how consumer demand and used vehicle pricing affect the business. At the same time, broader discussions about the used car sector and…
