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加拿大皇家銀行表示，CarMax近期前景好壞參半。

-- 加拿大皇家銀行資本市場（RBC Capital Markets）週三在電子郵件報告中指出，CarMax (KMX) 的前景喜憂參半。儘管銷售成長趨勢、成本削減措施和擴張計劃可能支撐其業績，但金融業務收入疲軟和油價上漲可能會限制其復甦步伐。 RBC表示，由於對CarMax汽車金融業務和每單位毛利持更為謹慎的態度，已將CarMax第一季調整後每股收益預期從先前的1.16美元下調至1.01美元。同時，RBC預估CarMax 2027財年調整後每股盈餘為2.35美元，2028財年淨銷售額成長4.3%，調整後每股盈餘為2.73美元。 該投資公司表示，CarMax第四季零售銷售量較上季有所改善，但預計到2027財年，其每單位零售毛利仍將面臨壓力，其中第一財季的降幅可能最大，因為CarMax將保持價格競爭力。 根據這份報告，預計未來幾季金融滲透率將有所增長，2025-B交易的服務費收入將繼續增長，CarMax 2027財年的計劃包括約4億美元的資本支出、四家新店以及更多拍賣和整備中心。 加拿大皇家銀行維持其對CarMax的「與行業持平」評級，並將目標股價從37美元上調至41美元，估值週期順延一年。該行表示，近期營收成長令人鼓舞，但同時也質疑這種成長動能持續多久。

Price: $41.15, Change: $-0.51, Percent Change: -1.22%

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