What is Wedbush’s Forecast for CarMax FY2025 Earnings?

CarMax, Inc. (NYSE:KMX – Free Report) – Equities research analysts at Wedbush increased their FY2025 earnings per share (EPS) estimates for CarMax in a research note issued on Friday, December 20th. Wedbush analyst S. Basham now forecasts that the company will post earnings of $3.17 per share for the year, up from their previous estimate [...]

featured-image

CarMax, Inc. ( NYSE:KMX – Free Report ) – Equities research analysts at Wedbush increased their FY2025 earnings per share (EPS) estimates for CarMax in a research note issued on Friday, December 20th. Wedbush analyst S.

Basham now forecasts that the company will post earnings of $3.17 per share for the year, up from their previous estimate of $2.95.



Wedbush has a “Outperform” rating and a $95.00 price objective on the stock. The consensus estimate for CarMax’s current full-year earnings is $3.

01 per share. Wedbush also issued estimates for CarMax’s Q4 2025 earnings at $0.54 EPS and Q4 2026 earnings at $0.

58 EPS. A number of other brokerages have also commented on KMX. Needham & Company LLC raised their price objective on shares of CarMax from $90.

00 to $98.00 and gave the stock a “buy” rating in a report on Friday. Mizuho lifted their price target on CarMax from $72.

00 to $80.00 and gave the company a “neutral” rating in a research note on Friday. Oppenheimer reaffirmed an “outperform” rating and set a $105.

00 price objective on shares of CarMax in a research report on Friday, October 4th. StockNews.com raised CarMax from a “sell” rating to a “hold” rating in a research report on Friday.

Finally, 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 for the company.

Three research analysts have rated the stock with a sell rating, six have given a hold rating and six have issued a buy rating to the company. According to MarketBeat, the stock presently has a consensus rating of “Hold” and a consensus target price of $85.17.

CarMax Stock Performance Shares of KMX opened at $83.70 on Monday. The firm has a market cap of $12.

97 billion, a P/E ratio of 31.47, a PEG ratio of 1.76 and a beta of 1.

71. CarMax has a twelve month low of $65.83 and a twelve month high of $91.

25. The company has a debt-to-equity ratio of 2.93, a quick ratio of 0.

68 and a current ratio of 2.25. The firm’s 50 day moving average price is $79.

01 and its two-hundred day moving average price is $77.73. CarMax ( NYSE:KMX – Get Free Report ) last issued its quarterly earnings data on Thursday, December 19th.

The company reported $0.81 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.62 by $0.

19. CarMax had a return on equity of 6.83% and a net margin of 1.

61%. The business had revenue of $6.22 billion during the quarter, compared to analyst estimates of $6.

05 billion. During the same period in the previous year, the firm earned $0.52 EPS.

CarMax’s quarterly revenue was up 1.2% compared to the same quarter last year. Institutional Inflows and Outflows A number of hedge funds and other institutional investors have recently bought and sold shares of the stock.

Oddo BHF Asset Management Sas acquired a new stake in CarMax during the third quarter worth about $2,229,000. Franklin Resources Inc. lifted its holdings in shares of CarMax by 53.

3% during the 3rd quarter. Franklin Resources Inc. now owns 27,362 shares of the company’s stock worth $1,999,000 after acquiring an additional 9,509 shares during the period.

Tidal Investments LLC boosted its position in shares of CarMax by 141.8% during the 3rd quarter. Tidal Investments LLC now owns 13,019 shares of the company’s stock worth $1,007,000 after acquiring an additional 7,635 shares in the last quarter.

Wilmington Savings Fund Society FSB bought a new position in CarMax in the third quarter valued at approximately $351,000. Finally, World Investment Advisors LLC acquired a new position in CarMax during the third quarter valued at approximately $6,942,000. 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. See Also 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 ..