10 hours Ago By ABMN Staff
CarMax, Inc. ( NYSE:KMX – Free Report ) – Research analysts at Wedbush increased their FY2025 earnings per share (EPS) estimates for CarMax in a research report issued on Wednesday, February 19th. Wedbush analyst S.
Basham now expects that the company will post earnings per share of $3.32 for the year, up from their prior forecast of $3.17.
The consensus estimate for CarMax’s current full-year earnings is $3.23 per share. Wedbush also issued estimates for CarMax’s Q1 2026 earnings at $1.
22 EPS, Q4 2026 earnings at $0.83 EPS, FY2026 earnings at $4.05 EPS and FY2027 earnings at $4.
81 EPS. A number of other equities analysts also recently issued reports on the company. Truist Financial increased their price target on CarMax from $72.
00 to $88.00 and gave the stock a “hold” rating in a research report on Friday, December 20th. Stephens assumed coverage on CarMax in a research report on Thursday, December 5th.
They set an “equal weight” rating and a $86.00 price target on the stock. Evercore ISI raised CarMax from an “in-line” rating to an “outperform” rating and increased their price target for the stock from $90.
00 to $110.00 in a research report on Thursday, February 6th. Needham & Company LLC increased their price target on CarMax from $98.
00 to $101.00 and gave the stock a “buy” rating in a research report on Monday, February 3rd. Finally, StockNews.
com raised CarMax from a “sell” rating to a “hold” rating in a research report on Friday, December 20th. Three equities research analysts have rated the stock with a sell rating, five have issued a hold rating and seven have issued a buy rating to the company’s stock. According to MarketBeat.
com, CarMax presently has an average rating of “Hold” and a consensus target price of $87.50. CarMax Price Performance KMX opened at $82.
62 on Thursday. CarMax has a 12-month low of $65.83 and a 12-month high of $91.
25. The company has a current ratio of 2.30, a quick ratio of 0.
55 and a debt-to-equity ratio of 2.92. The business’s fifty day simple moving average is $83.
39 and its 200-day simple moving average is $80.08. The company has a market capitalization of $12.
71 billion, a price-to-earnings ratio of 28.01, a PEG ratio of 1.71 and a beta of 1.
72. CarMax ( NYSE:KMX – Get Free Report ) last released its earnings results on Thursday, December 19th. The company reported $0.
81 earnings per share for the quarter, topping analysts’ consensus estimates of $0.62 by $0.19.
CarMax had a return on equity of 7.49% and a net margin of 1.77%.
The business had revenue of $6.22 billion for the quarter, compared to analyst estimates of $6.05 billion.
During the same quarter last year, the firm posted $0.52 earnings per share. The business’s revenue was up 1.
2% compared to the same quarter last year. Institutional Investors Weigh In On CarMax A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Lakewood Asset Management LLC raised its stake in CarMax by 0.
6% in the fourth quarter. Lakewood Asset Management LLC now owns 21,742 shares of the company’s stock valued at $1,778,000 after buying an additional 135 shares during the last quarter. Arete Wealth Advisors LLC raised its stake in shares of CarMax by 4.
3% in the third quarter. Arete Wealth Advisors LLC now owns 3,438 shares of the company’s stock worth $266,000 after purchasing an additional 141 shares during the last quarter. Wilmington Savings Fund Society FSB raised its stake in shares of CarMax by 3.
1% in the fourth quarter. Wilmington Savings Fund Society FSB now owns 4,682 shares of the company’s stock worth $383,000 after purchasing an additional 141 shares during the last quarter. Timber Creek Capital Management LLC raised its stake in shares of CarMax by 0.
3% in the fourth quarter. Timber Creek Capital Management LLC now owns 57,601 shares of the company’s stock worth $4,709,000 after purchasing an additional 145 shares during the last quarter. Finally, Chemistry Wealth Management LLC raised its stake in shares of CarMax by 1.
4% in the fourth quarter. Chemistry Wealth Management LLC now owns 12,218 shares of the company’s stock worth $999,000 after purchasing an additional 164 shares during the last quarter. Insider Buying and Selling at CarMax In other CarMax news, SVP Jon G.
Daniels sold 10,000 shares of the stock in a transaction dated Thursday, December 26th. The stock was sold at an average price of $85.30, for a total value of $853,000.
00. Following the completion of the sale, the senior vice president now directly owns 995 shares in the company, valued at approximately $84,873.50.
This trade represents a 90.95 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website .
Also, CEO William D. Nash sold 120,513 shares of the stock in a transaction dated Monday, December 23rd. The shares were sold at an average price of $83.
24, for a total value of $10,031,502.12. Following the completion of the sale, the chief executive officer now owns 181,683 shares of the company’s stock, valued at approximately $15,123,292.
92. This trade represents a 39.88 % decrease in their ownership of the stock.
The disclosure for this sale can be found here . Over the last ninety days, insiders sold 264,467 shares of company stock worth $21,915,445. 1.
66% of the stock is owned by insiders. About CarMax ( Get Free Report ) CarMax, Inc, through its subsidiaries, operates as a retailer of used vehicles and related products in the United States. It operates in two segments: CarMax Sales Operations and CarMax Auto Finance.
The CarMax Sales Operations segment offers customers a range of makes and models of used vehicles, including domestic, imported, and luxury vehicles, as well as hybrid and electric vehicles; used vehicle auctions; extended protection plans to customers at the time of sale; and reconditioning and vehicle repair services. Further Reading Receive News & Ratings for CarMax Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for CarMax and related companies with MarketBeat.com's FREE daily email newsletter .
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