Carmax stock price the CarMax stock price today stands at

The CarMax stock price today stands at $75.25, supported by sector rotation towards consumer cyclicals. Morgan Stanley analysts note that CarMax’s efficient supply chain management is keeping days-to-sale metrics competitive, potentially boosting Q4 outlook. While analyst models flag CarMax as undervalued, our multiple approach reveals a more complicated picture. CarMax trades at a price-to-earnings ratio of 13x, which is below the US market’s 19.2x and the Specialty Retail industry’s 17.3x. It is, however, slightly above the peer group average of 12.5x. The fair ratio sits notably higher at 18.9x, indicating room for upward re-rating if fundamentals improve. Is this a sign the market is being too cautious or a warning investors shouldn’t ignore? Shares of other car retailers were also down after CarMax's results, as many investors and Wall Street analysts watch the company's performance as an early barometer ahead of other quarterly reporting. With CarMax stock price hovering near $74.70, traders are eyeing the approaching earnings date. Short interest has tapered off, signaling less bearish pressure as expectations grow for improved operating margins through digital retail expansion.