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CarMax, Inc. Securities Fraud Class Action Lawsuit Pending: Contact Levi & Korsinsky Before January 2, 2026 to Discuss Your Rights - KMX
Prnewswire· 2025-12-12 14:00
NEW YORK, Dec. 12, 2025 /PRNewswire/ -- Levi & Korsinsky, LLP notifies investors in CarMax, Inc. ("CarMax, Inc." or the "Company") (NYSE: KMX) of a class action securities lawsuit. CLASS DEFINITION: The lawsuit seeks to recover losses on behalf of CarMax, Inc. investors who were adversely affected by alleged securities fraud between June 20, 2025 and November 5, 2025. Follow the link below to get more information and be contacted by a member of our team: https://zlk.com/pslra-1/carmax-inc-lawsuit-submissio ...
Buy or Sell Carvana Stock?
Forbes· 2025-12-12 13:37
Core Insights - Carvana's stock has experienced a remarkable recovery, rising from below $5 in late 2022 to nearly $472 in 2025, significantly outperforming the S&P 500's 17% increase and CarMax's 50% decline [2][3] Financial Performance - Carvana's revenue has grown at an average rate of 11.6% over the past three years, with a notable 46% increase from $13 billion to $18 billion in the last twelve months, and a 54.5% year-over-year growth to $5.6 billion in the latest quarter [7] - The company generated $1.7 billion in operating income over the past year, achieving an operating margin of 9.4%, which, while improved from previous losses, remains below the S&P 500's average of nearly 19% [8] - Operating cash flow was approximately $666 million, resulting in a cash flow margin of 3.6%, while net income of $629 million reflects a 3.4% net margin, indicating that Carvana is functional but not yet a margin leader [9] Valuation Metrics - Carvana's market capitalization exceeds $100 billion, with a price-to-sales ratio of around 2.9x, slightly below the S&P 500's 3.2x, but its price-to-earnings ratio is approximately 92 times, over three times the S&P 500's 23 [4][6] - The stock's valuation implies expectations of extremely strong and sustained profitability, with significant risks associated with any shortfall in performance [6] Financial Stability - Carvana has a debt total of $5.6 billion, resulting in a debt-to-equity ratio of roughly 5.5%, which is better than the S&P average, and a cash-to-assets ratio near 27%, significantly higher than the broader market's single-digit level [10] Market Behavior - The stock has shown high volatility, with a 99% decline during the inflation shock of 2022, compared to a 25% decline for the S&P 500, and a recovery period of 947 days, which is approximately double that of the index [11][12] - Carvana's stock tends to react sharply to earnings, projections, and operational updates, indicating a high-beta characteristic [13] Investment Considerations - Carvana's turnaround is genuine, and its inclusion in the S&P 500 adds credibility, but the current stock price reflects much of the anticipated growth, suggesting that investors are paying a premium for future performance [14]
CARMAX NOTICE: CarMax, Inc. (KMX) Investors are Notified of Securities Fraud Class Action and to Contact BFA Law by January 2
Newsfile· 2025-12-12 13:36
CARMAX NOTICE: CarMax, Inc. (KMX) Investors are Notified of Securities Fraud Class Action and to Contact BFA Law by January 2December 12, 2025 8:36 AM EST | Source: Bleichmar Fonti & AuldNew York, New York--(Newsfile Corp. - December 12, 2025) - Leading securities law firm Bleichmar Fonti & Auld LLP announces that a class action lawsuit has been filed against CarMax, Inc. (NYSE: KMX) and certain of the Company's senior executives for securities fraud after a significant stock drop resulting fr ...
Valvoline Instant Oil Change Ranks as Top Automotive Retailer on Yelp's “Most Loved Brands” List for 2025
Businesswire· 2025-12-12 12:30
Core Insights - Valvoline Inc. has been recognized for its strong customer loyalty, ranking 16 on Yelp's "Most Loved Brands" list for 2025, and is the top automotive retail company in this ranking [1] Company Performance - Valvoline Instant Oil Change operates over 2,300 locations across North America, emphasizing its extensive reach and trusted service in the automotive maintenance sector [1]
One Penske dealer group acquires another Penske dealer group
Yahoo Finance· 2025-12-12 10:00
Core Insights - Penske Automotive Group (PAG) has acquired four dealerships, including Longo Toyota, the top Toyota dealership in the U.S., from Penske Motor Group, enhancing its market presence and revenue potential [1][4]. Dealership Acquisition - The acquisition includes Longo Toyota and Longo Lexus in El Monte, Lexus of Stevens Creek in San Jose, and Longo Toyota of Prosper in Texas [3]. - PAG now owns 100% of these dealerships, which were previously majority owned by Greg Penske, son of PAG's chairman and CEO [4]. Financial Impact - The newly acquired dealerships are expected to generate over $1.5 billion in annualized revenue and sold more than 28,000 new and used vehicles in 2024 [4]. Strategic Advantages - The acquisitions strengthen PAG's relationship with Toyota Motor Corp., increasing its portfolio to 16 Toyota and seven Lexus franchises [5]. - The new locations provide PAG with access to the Los Angeles Metro area, which has significant demographics for both brands [5]. Market Expansion - The Stevens Creek Lexus store is strategically located near PAG's existing Audi and Porsche stores, while the Dallas-area store allows for expansion in a rapidly growing market [6]. Transparency in Transactions - PAG has opted for greater transparency in this acquisition due to the involvement of two Penskes, which is a departure from its previous practices regarding large acquisitions [7].
AutoNation Expands Maryland Footprint with Toyota Store in Baltimore
Prnewswire· 2025-12-11 21:15
Core Insights - AutoNation, Inc. has acquired Jerry's Toyota, renaming it AutoNation Toyota White Marsh, effective December 8, 2025, marking its first Toyota dealership in Maryland and its 20th nationwide [1][2]. Group 1: Acquisition Details - The acquisition is expected to generate approximately $123 million in annual revenue and includes 2,600 retail new and used vehicle sales annually [2]. - With this acquisition, AutoNation expands its presence in Maryland to 18 locations, which includes 9 premium luxury stores, 3 domestic stores, 3 import stores, and 3 collision centers [2]. Group 2: Strategic Importance - The addition of AutoNation Toyota White Marsh aligns with the company's strategy to enhance its brand portfolio in key markets and create shareholder value [3]. - The acquisition will also bring in 110 new associates, contributing to improved customer service and value delivery [3]. Group 3: Company Overview - AutoNation is one of the largest automotive retailers in the U.S., offering a wide range of new and used vehicles, financing, parts, and maintenance services [3]. - The company has raised over $45 million for cancer-related causes, reflecting its commitment to community engagement and social responsibility [3].
KMX Deadline Approaching on January 2, 2026: Kessler Topaz Meltzer & Check, LLP Reminds CarMax, Inc. (KMX) Investors of Class Action Lawsuit Deadline
Prnewswire· 2025-12-11 18:16
Core Viewpoint - An amended securities class action lawsuit has been filed against CarMax, Inc., expanding the class period to include those who purchased or acquired CarMax securities between June 20, 2025, and November 5, 2025 [1] Group 1: Allegations Against CarMax - The complaint alleges that during the class period, CarMax's defendants made false and misleading statements regarding the company's growth prospects, which were overstated due to temporary benefits from customer purchases driven by tariff speculation [3] - It is claimed that the positive statements made by the defendants about CarMax's business and operations were materially misleading and lacked a reasonable basis throughout the relevant times [3] Group 2: Legal Process and Participation - Investors in CarMax have until January 2, 2026, to seek appointment as a lead plaintiff representative of the class through Kessler Topaz Meltzer & Check, LLP or other counsel [4] - A lead plaintiff acts on behalf of all class members in directing the litigation and is typically the investor or small group of investors with the largest financial interest [4] Group 3: Law Firm Background - Kessler Topaz Meltzer & Check, LLP is a prominent U.S. plaintiff-side law firm specializing in securities-fraud class actions and global investor protection, representing both individual and institutional investors [5] - The firm has achieved significant recoveries in securities litigation and has received numerous accolades, including recognition from The National Law Journal and Law360 [5]
KMX INVESTOR ALERT: CarMax (KMX) Securities Fraud Lawsuit Filed Over Alleged Concealed Demand Pull-Forward and Auto Finance Portfolio Risk – Hagens Berman
Businesswire· 2025-12-11 18:01
SAN FRANCISCO--(BUSINESS WIRE)--National investor rights law firm Hagens Berman reminds investors that the Lead Plaintiff Deadline in the securities class action lawsuit against CarMax, Inc. (NYSE: KMX) – January 2, 2026 – is rapidly approaching. The lawsuit alleges that CarMax and certain of its executives misled investors about the true stability and growth prospects of its core business, leading to two separate and massive stock crashes. Hagens Berman urges investors who suffered substantial. ...
Earnings Preview: CarMax (KMX) Q3 Earnings Expected to Decline
ZACKS· 2025-12-11 16:01
Core Viewpoint - Wall Street anticipates a year-over-year decline in CarMax's earnings due to lower revenues, with a focus on how actual results will compare to estimates [1][3] Earnings Expectations - CarMax is expected to report quarterly earnings of $0.32 per share, reflecting a 60.5% decrease year-over-year [3] - Revenues are projected to be $5.79 billion, down 7% from the same quarter last year [3] Estimate Revisions - The consensus EPS estimate has been revised down by 6.95% over the last 30 days, indicating a reassessment by analysts [4] - A negative Earnings ESP of -17.56% suggests analysts have become bearish on CarMax's earnings prospects [10][11] Earnings Surprise Prediction - The Zacks Earnings ESP model indicates that a positive or negative reading can predict deviations from consensus estimates, but is more reliable for positive readings [7][8] - CarMax's current Zacks Rank is 5, which complicates predictions of an earnings beat [11] Historical Performance - In the last reported quarter, CarMax was expected to earn $1.03 per share but only achieved $0.64, resulting in a surprise of -37.86% [12] - Over the past four quarters, CarMax has beaten consensus EPS estimates twice [13] Conclusion - CarMax does not appear to be a strong candidate for an earnings beat, and investors should consider other factors before making investment decisions [16]
CarMax, Inc. Sued for Securities Law Violations - Investors Should Contact The Gross Law Firm for More Information - KMX
Prnewswire· 2025-12-11 14:00
Core Viewpoint - The Gross Law Firm has issued a notice to shareholders of CarMax, Inc. regarding a class action lawsuit alleging that the company made materially false and misleading statements about its growth prospects during a specified period [1]. Group 1: Allegations - The complaint claims that CarMax's defendants overstated the company's growth prospects, attributing earlier growth in the 2026 fiscal year to temporary factors related to customer behavior influenced by tariff speculation [1]. - It is alleged that the statements made by the defendants regarding CarMax's business operations and future prospects were materially false and lacked a reasonable basis throughout the relevant time [1]. Group 2: Class Action Details - The class period for the lawsuit is defined as June 20, 2025, to November 5, 2025, and shareholders who purchased shares during this time are encouraged to contact the Gross Law Firm [1]. - The deadline for shareholders to register for the class action and seek lead plaintiff status is January 2, 2026 [2]. Group 3: Firm's Commitment - The Gross Law Firm is recognized nationally for its commitment to protecting investors' rights against deceit and illegal business practices, aiming to ensure companies adhere to responsible business practices [3].