2 weeks Ago By Defense World Staff
CarMax, Inc. ( NYSE:KMX – Free Report ) – Equities research analysts at William Blair upped their Q3 2025 EPS estimates for shares of CarMax in a note issued to investors on Thursday, September 26th. William Blair analyst S.
Zackfia now forecasts that the company will earn $0.62 per share for the quarter, up from their previous estimate of $0.58.
The consensus estimate for CarMax’s current full-year earnings is $2.99 per share. Other analysts have also recently issued research reports about the stock.
JPMorgan Chase & Co. boosted their target price on shares of CarMax from $55.00 to $65.
00 and gave the company an “underweight” rating in a report on Thursday, September 19th. Needham & Company LLC raised their target price on shares of CarMax from $87.00 to $90.
00 and gave the company a “buy” rating in a research note on Friday. Evercore ISI boosted their price target on CarMax from $76.00 to $79.
00 and gave the stock an “in-line” rating in a research report on Friday. Argus raised CarMax to a “hold” rating in a research report on Tuesday, June 25th. Finally, Mizuho cut their target price on CarMax from $75.
00 to $72.00 and set a “neutral” rating on the stock in a research note on Tuesday, June 18th. Three research analysts have rated the stock with a sell rating, four have given a hold rating and six have given a buy rating to the company’s stock.
According to MarketBeat.com, CarMax has an average rating of “Hold” and an average target price of $79.73.
CarMax Trading Down 1.1 % NYSE KMX opened at $77.32 on Monday.
The firm has a market capitalization of $12.07 billion, a PE ratio of 30.20, a P/E/G ratio of 1.
56 and a beta of 1.69. The stock’s 50 day moving average is $79.
71 and its 200 day moving average is $76.28. CarMax has a twelve month low of $59.
66 and a twelve month high of $88.22. The company has a quick ratio of 0.
60, a current ratio of 2.50 and a debt-to-equity ratio of 2.95.
CarMax ( NYSE:KMX – Get Free Report ) last posted its quarterly earnings data on Thursday, September 26th. The company reported $0.85 earnings per share for the quarter, missing the consensus estimate of $0.
86 by ($0.01). CarMax had a net margin of 1.
55% and a return on equity of 6.64%. The firm had revenue of $7.
01 billion for the quarter, compared to the consensus estimate of $6.83 billion. During the same period in the previous year, the firm posted $0.
75 earnings per share. The business’s revenue was down .9% compared to the same quarter last year.
Institutional Inflows and Outflows Several hedge funds have recently bought and sold shares of KMX. First Community Trust NA purchased a new stake in shares of CarMax in the second quarter worth about $29,000. Quarry LP raised its holdings in shares of CarMax by 78.
6% during the 2nd quarter. Quarry LP now owns 418 shares of the company’s stock worth $31,000 after acquiring an additional 184 shares in the last quarter. Blue Trust Inc.
boosted its position in shares of CarMax by 134.1% during the 2nd quarter. Blue Trust Inc.
now owns 501 shares of the company’s stock valued at $37,000 after acquiring an additional 287 shares during the last quarter. Studio Investment Management LLC increased its position in CarMax by 176.7% in the second quarter.
Studio Investment Management LLC now owns 523 shares of the company’s stock worth $38,000 after purchasing an additional 334 shares during the last quarter. Finally, Headlands Technologies LLC bought a new position in CarMax during the first quarter valued at $55,000. Insider Buying and Selling at CarMax In other news, CEO William D.
Nash sold 120,000 shares of the stock in a transaction that occurred on Thursday, July 11th. The shares were sold at an average price of $79.62, for a total value of $9,554,400.
00. Following the transaction, the chief executive officer now owns 181,683 shares in the company, valued at approximately $14,465,600.46.
The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website . In other CarMax news, SVP John M. Stuckey III sold 19,673 shares of the firm’s stock in a transaction that occurred on Monday, July 15th.
The shares were sold at an average price of $82.01, for a total transaction of $1,613,382.73.
Following the sale, the senior vice president now owns 969 shares in the company, valued at approximately $79,467.69. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink .
Also, CEO William D. Nash sold 120,000 shares of the company’s stock in a transaction that occurred on Thursday, July 11th. The stock was sold at an average price of $79.
62, for a total transaction of $9,554,400.00. Following the completion of the transaction, the chief executive officer now owns 181,683 shares of the company’s stock, valued at $14,465,600.
46. The disclosure for this sale can be found here . In the last ninety days, insiders sold 184,012 shares of company stock worth $14,803,843.
Insiders own 1.66% of the company’s stock. 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. Recommended Stories Five stocks we like better than CarMax What does consumer price index measure? Simon Property REIT: A Safe Bet for Growth and Steady Dividends What Are the U.
K. Market Holidays? How to Invest and Trade CarMax’s Impressive Rally: What Investors Should Watch Next Dividend Capture Strategy: What You Need to Know MarketBeat Week in Review – 9/23 – 9/27 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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