-- 獨立研究機構CFRA向提供了以下研究報告。 CFRA分析師的觀點總結如下：我們將KMX的12個月目標價上調5美元至60美元，基於2028財年17.4倍的市盈率，該市盈率較KMX過去10年的平均預期市盈率19.8倍存在合理的折讓。我們將2027財年調整後每股盈餘預期從3.05美元下調至2.70美元，並將2028財年預期定為3.45美元。鑑於KMX公佈的2026財年第四季業績超出預期，我們上調了目標價並重申「買入」評級。 KMX的財報令人鼓舞，其營收和利潤均遠超市場預期。我們認為，KMX長期以來管理不善，目前仍處於扭虧為盈的初期階段。此外，由於通膨上升，消費者對購車能力的擔憂再次成為關注焦點，我們認為二手車需求可能會從中受益——而KMX是少數的專注於二手車業務的公司之一。我們認為新任執行長Keith Barr要提高利潤率還有很長的路要走，但我們相信KMX的銷售和定價將在未來幾季有所改善，考慮到汽車經銷店的顯著營運槓桿效應，這應該有助於提升其獲利能力。
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