Less Than Hour Before The NYSE Open, CarMax Is Down By 18%

(VIANEWS) – The NYSE opens in less than hour and CarMax‘s pre-market value is already 18.44% down.

CarMax’s last close was $87.11, 0.45% below its 52-week high of $87.50.

The last session, NYSE ended with CarMax (KMX) rising 0.15% to $87.11. NYSE jumped 0.31% to $18,312.67, after two consecutive sessions in a row of gains, on what was a somewhat positive trend exchanging session.

About CarMax

CarMax, Inc., together with its subsidiaries, operates as a retailer of used vehicles in the United States. It operates in two segments, CarMax Sales Operations and CarMax Auto Finance. The company offers customers a range of makes and models of used vehicles, including domestic, imported, and luxury vehicles, as well as hybrid and electric vehicles; and extended protection plans to customers at the time of sale, as well as sells vehicles that are approximately 10 years old and has more than 100,000 miles through wholesale auctions. It also provides reconditioning and vehicle repair services; and financing alternatives for retail customers across a range of credit spectrum through its CarMax Auto Finance and arrangements with various financial institutions. The company was founded in 1993 and is based in Richmond, Virginia.

Earnings Per Share

As for profitability, CarMax has a trailing twelve months EPS of $3.13.

PE Ratio

CarMax has a trailing twelve months price to earnings ratio of 27.83. Meaning, the purchaser of the share is investing $27.83 for every dollar of annual earnings.

The company’s return on equity, which measures the profitability of a business relative to shareholder’s equity, for the twelve trailing months is 8.64%.

More news about CarMax (KMX).

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