NEW YORK, April 17, 2017 /PRNewswire/ --
Stock-Callers.com has initiated reports coverage on CarMax Inc. (NYSE: KMX), AutoNation Inc. (NYSE: AN), Copart Inc. (NASDAQ:
CPRT), and Penske Automotive Group Inc. (NYSE: PAG). According to The Blue Sky Report®, a Kerrigan Quarterly, an
increase in serious sellers coming back into the market, improved valuations, private buyer demand for large acquisitions,
advantageous market fluctuations, and the Trump Bump are driving optimism for a robust 2017 for the US Auto Dealerships industry.
Register now and get full and free access to our downloadable research reports on these stocks at:
http://stock-callers.com/registration
CarMax
Last Thursday, Richmond, Virginia-based CarMax Inc.'s stock dropped 1.55%, to close the day
at $55.37 with a total trading volume of 1.93 million shares. The Company's shares are trading
6.05% below their 200-day moving average. Shares of the Company, which through its subsidiaries, operates as a retailer of used
vehicles in the US, have a Relative Strength Index (RSI) of 29.59.
On April 07 th, 2017, research firm RBC Capital Markets reiterated its 'Sector
Perform' rating on the Company's stock with a decrease of the target price from $71 a share to
$63 a share.
On April 11 th, 2017, CarMax announced the promotion of Diane
Long Cafritz to the newly created position of Chief Human Resources Officer and Senior Vice President. Ms. Cafritz, 46,
will lead all human resources and loss prevention areas with the primary responsibility of leading the Company's strategy to
attract, develop, and retain talent to support its business and future growth. Access our complete research report on KMX for
free at:
http://stock-callers.com/registration/?symbol=KMX
AutoNation
Shares in Fort Lauderdale, Florida headquartered AutoNation Inc. saw a drop of 1.60%,
finishing Thursday's session at $39.43. The stock recorded a trading volume of 1.36 million shares,
which was above its three months average volume of 1.08 million shares. The Company's shares are trading below their 50-day
moving average by 12.46%. Furthermore, shares of AutoNation, which through its subsidiaries, operates as an automotive retailer
in the US, have an RSI of 28.65.
On March 31 st, 2017, AutoNation announced that it will release its financial results
for Q1 2017 on Tuesday, April 25 th, 2017. Mike Jackson,
Chairman and Chief Executive Officer, Bill Berman, President and Chief Operating Officer, and
Cheryl Miller, Executive Vice President and Chief Financial Officer, will discuss these results
and other information regarding the Company during a conference call and audio webcast that same day at 11:00 a.m. ET. The complimentary research report on AN can be downloaded at:
http://stock-callers.com/registration/?symbol=AN
Copart
Dallas, Texas headquartered Copart Inc.'s stock finished 0.60% lower at $29.65 last Thursday at the close. A total volume of 1.78 million shares was traded, which was higher than
their three months average volume of 519,020 shares. The Company's shares have advanced 4.33% in the previous three months and
7.02% on an YTD basis. The stock is trading above its 200-day moving average by 8.20%. Additionally, shares of Copart, which
provides online auctions and vehicle remarketing services, have an RSI of 40.42.
On April 11 th, 2017, Copart announced the opening of its sixth Brazil location. The Betim, Minas Gerais location will offer a wide selection of salvage and used vehicles,
and is easily accessed by highway BR-362. The location, which can store up to 4,000 vehicles, also hosts weekly auctions at
10 a.m. UTC-3. Register for free on Stock-Callers.com and get access to the latest PDF format
report on CPRT at:
http://stock-callers.com/registration/?symbol=CPRT
Penske Automotive
Bloomfield Hills, Michigan headquartered Penske Automotive Group Inc.'s shares ended the
session 1.72% lower at $44.06 with a total trading volume of 420,718 shares. The stock is trading
5.07% below its 200-day moving average. Shares of the Company, which operates as a transportation services company, have an RSI
of 33.11.
On April 10 th, 2017, Penske Automotive Group announced that it has acquired
Schumacher European, LTD, a Mercedes-Benz and Sprinter dealership in Phoenix, Arizona. This
new dealership is located contiguous to the Company's Scottsdale 101 Auto Collection, which
currently represents fifteen franchises. The acquisition is expected to generate estimated annual revenue of approximately
$250 million. The Company now operates nine Mercedes-Benz dealerships in the US. Download
your free research report on PAG at:
http://stock-callers.com/registration/?symbol=PAG
--
Stock Callers:
Stock Callers (SC) produces regular sponsored and non-sponsored reports, articles, stock market blogs, and popular investment
newsletters covering equities listed on NYSE and NASDAQ and micro-cap stocks. SC has two distinct and independent departments.
One department produces non-sponsored analyst certified content generally in the form of press releases, articles and reports
covering equities listed on NYSE and NASDAQ and the other produces sponsored content (in most cases not reviewed by a registered
analyst), which typically consists of compensated investment newsletters, articles and reports covering listed stocks and
micro-caps. Such sponsored content is outside the scope of procedures detailed below.
SC has not been compensated; directly or indirectly; for producing or publishing this document.
PRESS RELEASE PROCEDURES :
The non-sponsored content contained herein has been prepared by a writer (the "Author") and is fact checked and reviewed by a
third party research service company (the "Reviewer") represented by a credentialed financial analyst [for further information on
analyst credentials, please email info@stock-callers.com .
Rohit Tuli, a CFA® charterholder (the "Sponsor"), provides necessary guidance in preparing the
document templates. The Reviewer has reviewed and revised the content, as necessary, based on publicly available information
which is believed to be reliable. Content is researched, written and reviewed on a reasonable-effort basis. The Reviewer has not
performed any independent investigations or forensic audits to validate the information herein. The Reviewer has only
independently reviewed the information provided by the Author according to the procedures outlined by SC. SC is not entitled to
veto or interfere in the application of such procedures by the third-party research service company to the articles, documents or
reports, as the case may be. Unless otherwise noted, any content outside of this document has no association with the Author or
the Reviewer in any way.
NO WARRANTY
SC, the Author, and the Reviewer are not responsible for any error which may be occasioned at the time of printing of this
document or any error, mistake or shortcoming. No liability is accepted whatsoever for any direct, indirect or consequential loss
arising from the use of this document. SC, the Author, and the Reviewer expressly disclaim any fiduciary responsibility or
liability for any consequences, financial or otherwise arising from any reliance placed on the information in this document.
Additionally, SC, the Author, and the Reviewer do not (1) guarantee the accuracy, timeliness, completeness or correct sequencing
of the information, or (2) warrant any results from use of the information. The included information is subject to change without
notice.
NOT AN OFFERING
This document is not intended as an offering, recommendation, or a solicitation of an offer to buy or sell the securities
mentioned or discussed, and is to be used for informational purposes only. Please read all associated disclosures and disclaimers
in full before investing. Neither SC nor any party affiliated with us is a registered investment adviser or broker-dealer with
any agency or in any jurisdiction whatsoever. To download our report(s), read our disclosures, or for more information, visit
http://stock-callers.com/legal-disclaimer/
CONTACT
For any questions, inquiries, or comments reach out to us directly. If you ' re
a company we are covering and wish to no longer feature on our coverage list contact us via email and/or phone between
09:30 EDT to 16:00 EDT from Monday to Friday at:
Email: info@stock-callers.com
Phone number: +44-330-808-3765
Office Address: Clyde Offices, Second Floor, 48 West George Street, Glasgow, U.K. -G2 1BP
CFA® and Chartered Financial Analyst® are registered trademarks owned by CFA Institute.
SOURCE Chelmsford Park SA