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CarMax (KMX) Receives a Hold from Truist Financial

Tipranks - Tipranks - Wed Jun 17, 6:20AM CDT

Truist Financial analyst Scot Ciccarelli maintained a Hold rating on CarMax today and set a price target of $47.00.

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According to TipRanks, Ciccarelli is a 5-star analyst with an average return of 14.9% and a 67.74% success rate. Ciccarelli covers the Consumer Cyclical sector, focusing on stocks such as Home Depot, CarMax, and Lowe’s.

In addition to Truist Financial, CarMax also received a Hold from William Blair’s Sharon Zackfia in a report issued on June 5. However, yesterday, Barclays assigned a Sell rating to CarMax (NYSE: KMX).

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Based on CarMax’s latest earnings release for the quarter ending February 28, the company reported a quarterly revenue of $5.95 billion and a GAAP net loss of $120.68 million. In comparison, last year the company earned a revenue of $6 billion and had a net profit of $89.87 million

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