CarMax Valuation: Analyzing Sales Pressure, Debt Concerns, and Analyst Expectations

CarMax's stock price has declined 41.7% in the past year and is trading at a 27.51% intrinsic discount. The company's debt load and pressure from competitors like Carvana are causing concerns, but a recent CEO change and mixed sales picture are also factors. The analysts have a consensus price target of $81.44, but there is a wide spread of opinions, with some reporting a price target of $120 and others of $52. The SWS DCF model suggests a fair value of $64.56, with the current price trading at a 27.5% discount.