Carmax Inc (KMX) Price

The P/E ratio of Carmax Inc is 18.3994

Mr. William Nash is the President of Carmax Inc, joining the firm since 2012.

The current price of KMX is $59.12, it has decreased 1.46% in the last trading day.

Carmax Inc belongs to Retail industry and the sector is Consumer Discretionary

Carmax Inc's current market cap is $8.8B

According to wall street analysts, 17 analysts have made analyst ratings for Carmax Inc, including 7 strong buy, 9 buy, 6 hold, 1 sell, and 7 strong sell

Looks like you're trying to catch a falling knife, fren. CarMax (KMX) is down about 2% today, likely due to a mix of pre-earnings anxiety and some unsavory news about a tax dispute in South Carolina, which is overshadowing recent "Buy" ratings from analysts.

The stock is showing some weakness today, and here’s the breakdown of why it's getting rekt while the rest of the market sips coffee.

Key Drivers for Today's Drop:

• Negative News Catalyst: The biggest drag appears to be a headline from yesterday detailing a tax dispute where South Carolina's tax agency accused CarMax of using intercompany transactions to distort its business activity and lower its tax burden. This kind of legal trouble, even if it's just an accusation, makes investors nervous.
• Pre-Earnings Jitters: CarMax is scheduled to report its Q2 earnings on September 25, 2025. Traders are likely de-risking and taking profits ahead of the announcement, as any miss on the expected $1.05 EPS could send the stock tumbling further.

Technical Breakdown (The Bearish View):

The short-term technicals look pretty grim, not gonna lie.

• Daily Chart: The price is currently trading at $59.13, below its 50-day moving average of $60.00 and significantly below the long-term 200-day MA of $71.37. This is a classic bearish setup.
• MACD Signal: The daily MACD line crossed below the signal line yesterday, and the histogram is now negative (-0.06426), indicating that bearish momentum is building.
• Support Levels: The stock is currently flirting with a key support level at $59.07. A break below this could open the door to a much larger drop towards the next support at $54.53.

The Bull Case & Social Sentiment:

Despite the daily drop, it's not all doom and gloom. The bigger picture shows some conflicting signals.

• Strong Analyst Consensus: Wall Street remains bullish. Just yesterday, Wedbush maintained its "Buy" rating with an $84 price target. Overall, 17 analysts give KMX a "BUY" rating, with a mean target price of $83.21—that's nearly 40% upside from here.
• "Smart Money" Moves: While there's no recent insider buying, it's interesting to see that Rep. Ro Khanna's family was actively trading the stock over the summer, though their last move was a sale in late August. Keeping an eye on these political trades on Edgen Radar can sometimes give you an edge.

So, you have a classic standoff: bearish short-term technicals versus a bullish long-term analyst view. The current dip could be a buy-the-dip opportunity if you believe the analysts, or it could be the start of a bigger bleed if the technicals and bad news win out.

Maybe wait for the dust to settle after earnings instead of trying to be a hero, bro.