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KMX

CarMax

$77.15

-0.57 (-0.73%)

16:33
07/20/18
07/20
16:33
07/20/18
16:33

CarMax chairman sells 37,500 common shares

In a regulatory filing, CarMax chairman Thomas J. Folliard disclosed the sale of 37,500 common shares of the company at a price of $77.37 per share.

KMX CarMax
$77.15

-0.57 (-0.73%)

06/25/18
FBCO
06/25/18
NO CHANGE
Target $87
FBCO
Outperform
CarMax price target raised to $87 from $81 at Credit Suisse
Credit Suisse analyst Seth Sigman raised his price target for CarMax to $87 from $81 as better Q1 results support his view that growth should accelerate through 2018, driving modest upside to EPS and multiple expansion as seen historically. The analyst reiterates an Outperform rating on the shares.
07/10/18
MSCO
07/10/18
UPGRADE
MSCO
Overweight
CarMax upgraded to Overweight from Underweight at Morgan Stanley
07/10/18
07/10/18
UPGRADE

Overweight
CarMax double upgraded to Overweight at Morgan Stanley as coverage transferred
As previously reported, Morgan Stanley analyst Armintas Sinkevicius upgraded CarMax (KMX) two notches, to Overweight from Underweight, as he took over coverage of the auto dealer stocks at the firm. Longer term, he is constructive on dealers, citing a belief that tech disruption could accelerate consolidation and set up a transition toward "megafleet managers." However, given that the market is over 9 years into the auto cycle, he sees limited potential for a re-rating of the multiples of auto dealer's stocks, Sinkevicius tells investors. In supporting his view of CarMax, the analyst also notes that the used car market is less volatile than the new car market. He also retained Overweight ratings on Lithia Motors (LAD) and Penske Automotive (PAG).
07/10/18
07/10/18
UPGRADE

On The Fly: Top five analyst upgrades
Catch up on today's top five analyst upgrades with this list compiled by The Fly: 1. CarMax (KMX) upgraded two notches to Overweight from Underweight at Morgan Stanley with analyst Armintas Sinkevicius saying longer term, he is constructive on dealers, citing a belief that tech disruption could accelerate consolidation and set up a transition toward "megafleet managers." 2. Cummins (CMI) upgraded to Buy from Hold at Stifel with analyst Michael Baudendistel saying shares of truck equipment companies have been under pressure primarily on concerns that the cycle is at a peak. 3. Wynn Resorts (WYNN) upgraded to Buy from Hold at Stifel with analyst Steven Wieczynski saying he believes the pullback in the stock recently has created a compelling opportunity. 4. KB Home (KBH) upgraded to Positive from Neutral at Susquehanna with analyst Jack Micenko citing a "clear and visible path" to further gross margin expansion and re-acceleration in community count and order growth well into 2019 for the upgrade, adding that underlying housing trends are strong in many of the markets in which the company currently operates despite "cautious" macro sentiment. 5. Quest Diagnostics (DGX) upgraded to Outperform from In Line at Evercore ISI with analyst Ross Muken saying the company will likely be the beneficiary of improved volumes, stable pricing, heightened M&A, and fund flows amid the heightened volatility within the Rx supply chain. This list is just a portion of The Fly's full analyst coverage. To see The Fly's full Street Research coverage, click here.

TODAY'S FREE FLY STORIES

TOL

Toll Brothers

$29.87

-1.96 (-6.16%)

15:45
11/15/18
11/15
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15:45
Options
Toll Brothers call volume above normal and directionally bullish »

Bullish option flow…

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  • 05

    Dec

AAPL

Apple

$190.76

3.95 (2.11%)

15:44
11/15/18
11/15
15:44
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15:44
Periodicals
Apple partners with A24 to make feature-length movies, Variety says »

Apple is enlisting indie…

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AAPL

Apple

$191.08

4.27 (2.29%)

15:42
11/15/18
11/15
15:42
11/15/18
15:42
Periodicals
Breaking Periodicals news story on Apple »

Apple and movie studio…

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BTI

British American Tobacco

$34.97

-1.54 (-4.22%)

15:41
11/15/18
11/15
15:41
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15:41
Hot Stocks
British American says menthol cigarettes should not be treated 'differently' »

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15:38
11/15/18
11/15
15:38
11/15/18
15:38
Hot Stocks
Breaking Hot Stocks news story  »

Greenpro Capital…

WTW

Weight Watchers

$49.93

0.91 (1.86%)

15:37
11/15/18
11/15
15:37
11/15/18
15:37
Conference/Events
Weight Watchers management to meet with JPMorgan »

Meetings to be held in…

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  • 20

    Nov

WSM

Williams-Sonoma

$60.33

-1.43 (-2.32%)

15:34
11/15/18
11/15
15:34
11/15/18
15:34
Options
Williams Sonoma options imply 10.9% move in share price post-earnings, above median historical move »

Pre-earnings options…

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  • 15

    Nov

15:33
11/15/18
11/15
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15:33
Hot Stocks
Breaking Hot Stocks news story  »

Greenpro Capital…

QLYS

Qualys

$74.55

2.63 (3.66%)

15:32
11/15/18
11/15
15:32
11/15/18
15:32
Conference/Events
Qualys management to meet with JPMorgan »

Meeting to be held in New…

03/08/13
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03/08/13
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03/06/13
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03/06/13
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  • 15

    Nov

  • 19

    Nov

  • 20

    Nov

  • 09

    Jan

FAST

Fastenal

$57.06

1.21 (2.17%)

15:30
11/15/18
11/15
15:30
11/15/18
15:30
Options
Timely sweep of Fastenal calls »

Timely sweep of Fastenal…

03/08/13
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03/08/13
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Citigroup
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SPX

S&P 500

$0.00

(0.00%)

, SPY

SPDR S&P 500 ETF Trust

$272.54

2.35 (0.87%)

15:28
11/15/18
11/15
15:28
11/15/18
15:28
Hot Stocks
Assistant AG Delrahim says DOJ seeks to curtail bid-rigging in gov't purchases »

Assistant Attorney…

SPX

S&P 500

$0.00

(0.00%)

SPY

SPDR S&P 500 ETF Trust

$272.54

2.35 (0.87%)

03/08/13
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03/08/13
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03/06/13
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03/06/13
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SWK

Stanley Black & Decker

$129.03

4.03 (3.22%)

15:27
11/15/18
11/15
15:27
11/15/18
15:27
Conference/Events
Stanley Black & Decker management to meet with JPMorgan »

Meeting to be held in…

03/08/13
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03/08/13
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03/06/13
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  • 19

    Nov

DDS

Dillard's

$63.35

-10.28 (-13.96%)

15:27
11/15/18
11/15
15:27
11/15/18
15:27
Downgrade
Dillard's rating change  »

Dillard's downgraded…

03/08/13
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03/08/13
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03/06/13
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UHS

Universal Health

$127.24

-0.05 (-0.04%)

15:20
11/15/18
11/15
15:20
11/15/18
15:20
Options
Notable call spread in Universal Health as shares advance »

Notable call spread in…

03/08/13
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JWN

Nordstrom

$58.79

-2.305 (-3.77%)

15:19
11/15/18
11/15
15:19
11/15/18
15:19
Options
Nordstrom options imply 9.4% move in share price post-earnings, above median historical move »

Pre-earnings options…

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  • 15

    Nov

SPY

SPDR S&P 500 ETF Trust

$271.84

1.65 (0.61%)

, SPX

S&P 500

$0.00

(0.00%)

15:17
11/15/18
11/15
15:17
11/15/18
15:17
General news
U.S. official: China trade offer should be viewed with skepticism, Reuters says »

An unnamed U.S.…

SPY

SPDR S&P 500 ETF Trust

$271.84

1.65 (0.61%)

SPX

S&P 500

$0.00

(0.00%)

03/08/13
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03/08/13
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03/06/13
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03/06/13
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$NSD

NASDAQ Market Internals

$0.00

(0.00%)

15:17
11/15/18
11/15
15:17
11/15/18
15:17
Technical Analysis
NASDAQ market internals summary »

Volume is above average…

03/08/13
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$NYE

NYSE Market Internals

$0.00

(0.00%)

15:16
11/15/18
11/15
15:16
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15:16
Technical Analysis
NYSE market internals summary »

Volume is average for…

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AMAT

Applied Materials

$35.42

1.83 (5.45%)

15:04
11/15/18
11/15
15:04
11/15/18
15:04
Options
Applied Materials options imply 6.6% move in share price post-earnings, above median historical move »

Pre-earnings options…

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  • 15

    Nov

RMNI

Rimini Street

$5.45

0.13 (2.44%)

15:04
11/15/18
11/15
15:04
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Hot Stocks
Rimini Street expands investment and operations in Asia-Pacific »

Rimini Street announced…

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SPY

SPDR S&P 500 ETF Trust

$273.24

3.05 (1.13%)

, SPX

S&P 500

$0.00

(0.00%)

15:03
11/15/18
11/15
15:03
11/15/18
15:03
General news
Breaking General news story on SPDR S&P 500 ETF Trust, S&P 500 »

Ross says U.S. still…

SPY

SPDR S&P 500 ETF Trust

$273.24

3.05 (1.13%)

SPX

S&P 500

$0.00

(0.00%)

03/08/13
Wedge Partners
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03/06/13
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ATVI

Activision Blizzard

$53.35

1.74 (3.37%)

15:00
11/15/18
11/15
15:00
11/15/18
15:00
Options
Timely put write in ActivisionBlizzard »

Timely put write in…

03/08/13
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  • 15

    Nov

  • 19

    Nov

14:55
11/15/18
11/15
14:55
11/15/18
14:55
General news
Trump Fed Board nominee Michelle Bowman was confirmed »

Trump Fed Board nominee…

14:55
11/15/18
11/15
14:55
11/15/18
14:55
General news
Treasury Closing Summary: »

Treasury Closing Summary:…

MFSF

MutualFirst Financial

$35.64

0.64 (1.83%)

14:53
11/15/18
11/15
14:53
11/15/18
14:53
Hot Stocks
MutualFirst Financial increases dividend 11% »

MutualFirst Financial,…

03/08/13
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