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CarMax, Inc. Investigated for Securities Fraud Violations - Contact the DJS Law Group to Discuss Your Rights - KMX
Prnewswire· 2025-10-02 12:07
INVESTIGATION DETAILS: The investigation focuses on whether the Company issued misleading statements and/or failed to disclose information pertinent to investors. CarMax reported disappointing financial results for Q2 2025 on September 25, 2025. The Company reported a 6.3% drop in comparable store used unit sales, and a decline in net earnings for the quarter. CarMax shares fell roughly 20% in response to its disappointing results. Accessibility StatementSkip Navigation If you are a shareholder who suffered ...
KMX CLASS ALERT: BFA Law Urges CarMax, Inc. Investors to Contact the Firm about the Ongoing Securities Fraud Investigation
Globenewswire· 2025-10-02 11:18
NEW YORK, Oct. 02, 2025 (GLOBE NEWSWIRE) -- Leading securities law firm Bleichmar Fonti & Auld LLP announces an investigation into CarMax, Inc. (NYSE: KMX) for potential violations of the federal securities laws. If you invested in CarMax, you are encouraged to obtain additional information by visiting: https://www.bfalaw.com/cases/carmax-inc-class-action. Why Is CarMax being Investigated?CarMax sells used cars. During the relevant period, the Company touted the strong and sustainable demand for its cars, d ...
Carvana Whizzes Through Green Light From Jefferies Upgrade
Yahoo Finance· 2025-10-02 10:30
Photo by jetcityimage via iStock With a post-pandemic stallout far in the rearview mirror, Carvana is finally locked into top gear. Shares of the online used car dealer — already up some 90% year-to-date — popped even more on Wednesday after Jefferies analysts upgraded its stock rating to buy from hold. READ ALSO: Tesla Grabs One for the Road With Windfall from Expiring EV Tax Credit and Unchained Melodies? Recording Giants Finetune Deals for Sharing Music Libraries With AI Drive to Survive 2025 has prov ...
Buy or Fear CarMax Stock
Forbes· 2025-10-02 09:10
CANADA - 2025/09/27: In this photo illustration, the CarMax (Car Max) logo is seen displayed on a smartphone screen. (Photo Illustration by Thomas Fuller/SOPA Images/LightRocket via Getty Images)SOPA Images/LightRocket via Getty ImagesCarMax (NYSE:KMX) shares have dropped by 23% during the past five trading days, reaching approximately $44 per share. Furthermore, the stock is now down over 40% year-to-date. At these prices, it appears relatively undervalued, trading at around 13 times trailing earnings and ...
CAR-MART ALERT: Bragar Eagel & Squire, P.C. is Investigating America's Car-Mart, Inc. on Behalf of Car-Mart Stockholders and Encourages Investors to Contact the Firm
Globenewswire· 2025-10-01 20:36
Bragar Eagel & Squire, P.C. Litigation Partner Brandon Walker Encourages Investors Who Suffered Losses In Car-Mart (CRMT) To Contact Him Directly To Discuss Their Options If you purchased or acquired stock in Car-Mart and would like to discuss your legal rights, call Bragar Eagel & Squire partner Brandon Walker or Marion Passmore directly at (212) 355-4648. Click here to participate in the action. NEW YORK, Oct. 01, 2025 (GLOBE NEWSWIRE) -- What’s Happening: Bragar Eagel & Squire, P.C., a nationally recogn ...
Jefferies Upgrades CVNA: Can Digital Consumer Shift Help Carvana?
Youtube· 2025-10-01 16:00
Core Viewpoint - Carvana's stock has experienced significant growth, trading over $375 per share, up from below $4 in December 2022, following an upgrade from Jeffre [1][3][4] Company Performance - Carvana shares are currently trading at approximately $387.62, reflecting a 3% increase after the upgrade [3] - Jeffre upgraded Carvana from "buy" to "hold" with a new price target of $475, an increase of nearly 25% from the previous target of $385 [3][4] Market Position - Carvana currently holds about 2% of the U.S. used car market, indicating substantial room for growth as consumer preferences shift towards online purchasing [5][6][7] - A survey indicated that one-third of U.S. adults prefer to buy or sell vehicles online, supporting the belief that Carvana is well-positioned to capture more market share [6][7] Financial Projections - Jeffre raised its 2027 revenue and EBITDA estimates for Carvana by 15% and 12% above consensus estimates, respectively, based on consumer surveys and proprietary analysis [5] - The new price target implies a 28 times EV/EBITDA multiple on the 2027 estimates, reflecting a 25% premium to growth-adjusted multiples [5]
NKE Leaps Over Earnings Hurdle, CVNA Upgrade, MRVL Downgrade
Youtube· 2025-10-01 14:30
Nike - Nike reported better-than-expected earnings, with EPS at 49 cents, surpassing the street's expectation of 48 cents [2] - Revenue reached $11.7 billion, up 1% year-over-year, indicating a positive trend for the company [3] - Gross margins declined due to weaker demand and tariffs, with an expected annual impact of $1.5 billion from tariffs [4][7] - Wholesale sales increased, suggesting improved relationships with retail partners, while own stores and digital sales saw a decline [4][5] - North America sales rose by 4%, but there was weakness in the Chinese market [5] - The company is shifting focus back to running and training shoes, and collaborations, such as with Skims, are helping attract more female customers [6] Carvana - Carvana received an upgrade to a buy rating from Jeff, with a new price target of $475, indicating potential upside [8] - The company is well-positioned to benefit from the digital shift in used car sales, with about 30% of adults preferring to buy cars online [9][10] - Projections indicate that Carvana could capture 10% of the online car sales market, with revenue estimates for 2027 expected to be 15-12% above consensus [10][11] Marvell - Marvell was downgraded to a hold rating by TD Colin, with a reduced price target of $85, down from a previous target of $90 [13] - The downgrade follows a significant stock increase of over 30% in the past month, leading to a balanced risk-reward scenario [14] - Concerns exist regarding limited visibility on growth drivers, particularly custom chips, with expectations of flat revenue in 2026 [15]
BFA Law is Investigating CarMax, Inc. (NYSE:KMX) for Securities Fraud after 20% Stock Drop -- Contact the Firm if You Lost Money
Globenewswire· 2025-09-30 12:36
NEW YORK, Sept. 30, 2025 (GLOBE NEWSWIRE) -- Leading securities law firm Bleichmar Fonti & Auld LLP announces an investigation into CarMax, Inc. (NYSE: KMX) for potential violations of the federal securities laws. If you invested in CarMax, you are encouraged to obtain additional information by visiting: https://www.bfalaw.com/cases/carmax-inc-class-action. Why Is CarMax being Investigated?CarMax sells used cars. During the relevant period, the Company touted the strong and sustainable demand for its cars, ...
Securities Fraud Investigation Into America's Car-Mart, Inc. (CRMT) Continues – Shareholders Who Lost Money Urged To Contact The Law Offices of Frank R. Cruz
Globenewswire· 2025-09-30 00:36
LOS ANGELES, Sept. 29, 2025 (GLOBE NEWSWIRE) -- The Law Offices of Frank R. Cruz continues its investigation of America's Car-Mart, Inc. (“Car-Mart” or the “Company”) (NASDAQ: CRMT) on behalf of investors concerning the Company’s possible violations of federal securities laws. IF YOU ARE AN INVESTOR WHO LOST MONEY ON AMERICA'S CAR-MART, INC. (CRMT), CLICK HERE TO INQUIRE ABOUT POTENTIALLY PURSUING A CLAIM TO RECOVER YOUR LOSS. What Is The Investigation About? On July 15, 2025, Car-Mart disclosed it would de ...
CARMAX ALERT: Bragar Eagel & Squire, P.C. is Investigating CarMax, Inc. on Behalf of CarMax Stockholders and Encourages Investors to Contact the Firm
Globenewswire· 2025-09-29 21:51
Bragar Eagel & Squire, P.C. Litigation Partner Brandon Walker Encourages Investors Who Suffered Losses In CarMax (KMX) To Contact Him Directly To Discuss Their Options If you purchased or acquired stock in CarMax and would like to discuss your legal rights, call Bragar Eagel & Squire partner Brandon Walker or Marion Passmore directly at (212) 355-4648. Click here to participate in the action. NEW YORK, Sept. 29, 2025 (GLOBE NEWSWIRE) -- What’s Happening: Bragar Eagel & Squire, P.C., a nationally recognized ...