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KMX

CarMax

$61.69

0.73 (1.20%)

14:50
03/25/19
03/25
14:50
03/25/19
14:50

Carmax option volume is 3X daily average and puts lead calls 5:1

Carmax option volume is 3X daily average and puts lead calls 5:1. The stock flat at $61.61 and Mar 29th 59 puts trade across the exchanges midday for $1 to 1.15. 2.5K changed hands against 21 open interest. Buyers also opened Apr 18 puts, where 1.4K traded. Apr 5th 59 puts, Mar 29th 59.5 puts, and Mar 29th 54 puts are next most active. 5.4K puts and 930 calls trade in the name so far. 30-day implied volatility up 3.5% to 39.5, with earnings due Friday morning. Shares driven 3.9% higher to $58.96 on 12/21 after the last report.

  • 29

    Mar

  • 25

    Jun

KMX CarMax
$61.69

0.73 (1.20%)

01/07/19
BUCK
01/07/19
UPGRADE
Target $76
BUCK
Buy
CarMax upgraded to Buy from Neutral at Buckingham
Buckingham analyst Glenn Chin upgraded CarMax to Buy from Neutral, but cut its price target to $76 from $84 citing valuation. The analyst cannot discount concerns over intensifying competition and same-store unit cops, but said the 40M unit used vehicle market is sufficiently large enough and fragmented that it can support several large successful players. Chin also sees several catalysts to drive CarMax shares higher including continued earnings growth, abnormally strong used vehicle values, easing same-store comps, the nationwide roll-out of CarMax's omni-channel strategy, buybacks, and potentially reduced FED tightening.
01/18/19
WEDB
01/18/19
DOWNGRADE
WEDB
Neutral
CarMax downgraded to Neutral from Outperform at Wedbush
01/18/19
WEDB
01/18/19
DOWNGRADE
Target $60
WEDB
Neutral
CarMax downgraded to Neutral from Outperform at Wedbush
Wedbush analyst Seth Basham downgraded CarMax to Neutral from Outperform and lowered his price target to $60 from $70. In a research note to investors, Basham said he came away from the company's analyst meeting convinced that the company is committed to its omnichannel strategy, but believes the transition "will not be easy" due to deeply-rooted processes and behaviors that could be "disruptive" and "expensive" to change. Basham says it likely will neither be quick nor inexpensive for CarMax to change its weakened customer value perception in this highly competitive environment and also notes comps that continue to track well below consensus and weakening CAF performance trends.
03/25/19
BARD
03/25/19
NO CHANGE
Target $65
BARD
Outperform
Carvana price target raised to $65 from $58 at Baird
Baird analyst Colin Sebastian raised his price target for Carvana (CVNA) to $65 from $58 after increasing his Q1 unit and revenue estimates above consensus. The analyst now expects Q1 retail units of 34,000, above the consensus of 32,900, on revenue of $678M, up 88% year-over-year. Tax refund flows are likely to provide a late-quarter tailwind, Sebastian tells investors in a research note. The correlation between refunds and used car sales is likely providing a boost in unit sales ahead of the Q1 quarter close, Sebastian tells investors in a research note. Further, he believes the online shift by CarMax (KMX) and Tesla (TSLA) are endorsements of the e-commerce model. The analyst remains constructive on Carvana shares citing the momentum from a seasonal uplift in car sales, positive near-term data checks, and the "massive" long-term e-commerce opportunity for used cars. He keeps an Outperform rating on Carvana.

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MDB

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$131.03

-0.19 (-0.14%)

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ACM

Aecom

$42.37

0.22 (0.52%)

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Aecom to hold an investor day »

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    Dec

ETN

Eaton

$92.78

-0.34 (-0.37%)

09:25
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XAIR

Beyond Air

$4.13

0.005 (0.12%)

09:23
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Beyond Air 2.325M share Secondary priced at $3.66 »

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MDB

MongoDB

$131.03

-0.19 (-0.14%)

09:23
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MongoDB analyst commentary  »

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  • 10

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APDN

Applied DNA Sciences

$4.00

0.085 (2.17%)

09:23
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Applied DNA Sciences signs MOU with Reliance Industries »

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  • 12

    Dec

AGRO

Adecoagro

$7.51

0.1 (1.35%)

09:21
12/10/19
12/10
09:21
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09:21
Upgrade
Adecoagro rating change  »

JPMorgan upgrades…

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ETN

Eaton

$92.78

-0.34 (-0.37%)

09:21
12/10/19
12/10
09:21
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09:21
Conference/Events
Eaton management to meet with Oppenheimer »

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JNJ

Johnson & Johnson

$140.51

0.15 (0.11%)

09:21
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Earnings
Janssen says Phase 3 CANDOR study met primary endpoint »

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  • 21

    Jan

CFRX

ContraFect

$0.30

-0.038 (-11.41%)

09:21
12/10/19
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Syndicate
ContraFect 37.15M share Spot Secondary priced at 27c »

Maxim acted as sole book…

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  • 10

    Dec

JNJ

Johnson & Johnson

$140.51

0.15 (0.11%)

09:20
12/10/19
12/10
09:20
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09:20
Earnings
Janssen says Phase 3 CANDOR study met primary endpoint »

The Janssen…

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  • 21

    Jan

EPAY

Bottomline Technologies

$47.88

0.38 (0.80%)

09:18
12/10/19
12/10
09:18
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09:18
Conference/Events
Bottomline Technologies management to meet with Craig-Hallum »

Meeting to be held in…

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  • 11

    Dec

  • 19

    Feb

SPX

S&P 500

$0.00

(0.00%)

, VIX

Volatility Index S&P 500 Options

$0.00

(0.00%)

09:18
12/10/19
12/10
09:18
12/10/19
09:18
Options
Overnight activity included 1216 trades in SPX and 10 trades in VIX »

1216 trades were executed…

SPX

S&P 500

$0.00

(0.00%)

VIX

Volatility Index S&P 500 Options

$0.00

(0.00%)

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CHWY

Chewy

$24.17

-0.76 (-3.05%)

09:16
12/10/19
12/10
09:16
12/10/19
09:16
Recommendations
Chewy analyst commentary  »

Chewy price target raised…

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  • 10

    Dec

DBI

Designer Brands

$17.01

0.39 (2.35%)

09:15
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Designer Brands says ability to mitigate 100% of tariffs is not likely »

Says gross margin…

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  • 10

    Dec

SPX

S&P 500

$0.00

(0.00%)

, SPY

SPDR S&P 500 ETF Trust

$313.89

-0.93 (-0.30%)

09:14
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General news
House Democrats announce two articles of impeachment against President Trump »

House Democrats announced…

SPX

S&P 500

$0.00

(0.00%)

SPY

SPDR S&P 500 ETF Trust

$313.89

-0.93 (-0.30%)

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CAR

Avis Budget

$31.82

0.645 (2.07%)

, VZ

Verizon

$61.00

-0.19 (-0.31%)

09:11
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Avis Budget (CAR), in…

CAR

Avis Budget

$31.82

0.645 (2.07%)

VZ

Verizon

$61.00

-0.19 (-0.31%)

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  • 10

    Dec

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    Dec

  • 30

    Jan

DSX

Diana Shipping

$3.37

-0.01 (-0.30%)

09:11
12/10/19
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Conference/Events
Diana Shipping management to meet with Jefferies »

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  • 11

    Dec

OMCL

Omnicell

$80.03

-1.7 (-2.08%)

09:10
12/10/19
12/10
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Earnings
Breaking Earnings news story on Omnicell »

Omnicell sets FY24…

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  • 10

    Dec

09:10
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12/10
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General news
Treasury Action: yields have risen in response to the trade news »

Treasury Action: yields…

LLNW

Limelight Networks

$4.28

0.125 (3.01%)

09:09
12/10/19
12/10
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Earnings
Limelight Networks sees FY20 EPS 0c-10c, consensus 8c »

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THO

Thor Industries

$64.28

-3.485 (-5.14%)

09:06
12/10/19
12/10
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Thor Industries analyst commentary  »

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  • 13

    Dec

NFLX

Netflix

$302.48

-4.88 (-1.59%)

, NLOK

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$25.43

-0.02 (-0.08%)

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Fly Intel: Pre-market Movers »

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NFLX

Netflix

$302.48

-4.88 (-1.59%)

NLOK

NortonLifeLock

$25.43

-0.02 (-0.08%)

INTC

Intel

$56.52

-0.28 (-0.49%)

GNW

Genworth

$4.17

0.03 (0.72%)

AZO

AutoZone

$1,171.30

-0.78 (-0.07%)

SFIX

Stitch Fix

$25.17

1.04 (4.31%)

MDB

MongoDB

$131.03

-0.19 (-0.14%)

DBI

Designer Brands

$17.01

0.39 (2.35%)

CONN

Conn's

$20.51

1.08 (5.56%)

CHWY

Chewy

$24.17

-0.76 (-3.05%)

CNST

Constellation Pharmaceuticals

$36.15

-7.95 (-18.03%)

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  • 10

    Dec

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  • 23

    Jan

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    Dec

CMTL

Comtech

$34.70

-0.41 (-1.17%)

09:06
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12/10
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09:06
Hot Stocks
Comtech receives $1.3M contract for military communications amplifiers »

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AXNX

Axonics

$24.32

-1.22 (-4.78%)

, MDT

Medtronic

$111.12

-2.02 (-1.79%)

09:02
12/10/19
12/10
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Recommendations
Axonics, Medtronic analyst commentary  »

Morgan Stanley raises…

AXNX

Axonics

$24.32

-1.22 (-4.78%)

MDT

Medtronic

$111.12

-2.02 (-1.79%)

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  • 18

    Feb

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