Back to top

Image: Bigstock

Has CarMax (KMX) Outpaced Other Retail-Wholesale Stocks This Year?

Read MoreHide Full Article

Investors interested in Retail-Wholesale stocks should always be looking to find the best-performing companies in the group. CarMax (KMX - Free Report) is a stock that can certainly grab the attention of many investors, but do its recent returns compare favorably to the sector as a whole? One simple way to answer this question is to take a look at the year-to-date performance of KMX and the rest of the Retail-Wholesale group's stocks.

CarMax is a member of our Retail-Wholesale group, which includes 223 different companies and currently sits at #10 in the Zacks Sector Rank. The Zacks Sector Rank gauges the strength of our 16 individual sector groups by measuring the average Zacks Rank of the individual stocks within the groups.

The Zacks Rank is a proven model that highlights a variety of stocks with the right characteristics to outperform the market over the next one to three months. The system emphasizes earnings estimate revisions and favors companies with improving earnings outlooks. KMX is currently sporting a Zacks Rank of #2 (Buy).

Over the past 90 days, the Zacks Consensus Estimate for KMX's full-year earnings has moved 0.34% higher. This is a sign of improving analyst sentiment and a positive earnings outlook trend.

According to our latest data, KMX has moved about 16.87% on a year-to-date basis. In comparison, Retail-Wholesale companies have returned an average of 16.40%. This shows that CarMax is outperforming its peers so far this year.

Looking more specifically, KMX belongs to the Automotive - Retail and Wholesale - Parts industry, a group that includes 5 individual stocks and currently sits at #25 in the Zacks Industry Rank. This group has gained an average of 17.93% so far this year, so KMX is slightly underperforming its industry in this area.

Investors in the Retail-Wholesale sector will want to keep a close eye on KMX as it attempts to continue its solid performance.


See More Zacks Research for These Tickers


Normally $25 each - click below to receive one report FREE:


CarMax, Inc. (KMX) - free report >>

Published in