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How These Auto Dealerships Stocks are Faring? — CarMax, AutoNation, Copart, and Penske Automotive

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 07th, 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 11th, 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 31st, 2017, AutoNation announced that it will release its financial results for Q1 2017 on Tuesday, April 25th, 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 11th, 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 10th, 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

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