CarMax, Inc. (NYSE:KMX - Free Report) - Wedbush decreased their Q4 2025 earnings per share (EPS) estimates for shares of CarMax in a report released on Tuesday, December 17th. Wedbush analyst S. Basham now anticipates that the company will post earnings of $0.56 per share for the quarter, down from their prior forecast of $0.60. Wedbush has a "Outperform" rating and a $95.00 price target 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 FY2027 earnings at $4.26 EPS.
A number of other brokerages have also weighed in on KMX. Royal Bank of Canada reiterated an "outperform" rating and issued a $82.00 price objective on shares of CarMax in a report on Wednesday, October 16th. JPMorgan Chase & Co. raised their price objective on shares of CarMax from $65.00 to $70.00 and gave the stock an "underweight" rating in a research report on Thursday, December 5th. Needham & Company LLC restated a "buy" rating and issued a $90.00 price objective on shares of CarMax in a report on Wednesday, October 16th. Evercore ISI boosted their price objective on CarMax from $81.00 to $83.00 and gave the company an "in-line" rating in a report on Tuesday, December 3rd. Finally, Stephens began coverage on shares of CarMax in a report on Thursday, December 5th. They issued an "equal weight" rating and a $86.00 price objective on the stock. Four investment analysts have rated the stock with a sell rating, five have issued a hold rating and six have issued a buy rating to the company. According to data from MarketBeat, CarMax currently has an average rating of "Hold" and an average price target of $81.00.
View Our Latest Analysis on CarMax
KMX traded up $2.97 during midday trading on Thursday, hitting $84.39. 1,658,185 shares of the company were exchanged, compared to its average volume of 1,919,445. The firm has a market capitalization of $13.07 billion, a price-to-earnings ratio of 31.73, a price-to-earnings-growth ratio of 1.76 and a beta of 1.71. CarMax has a 1-year low of $65.83 and a 1-year high of $91.25. The company's 50 day simple moving average is $78.50 and its 200 day simple moving average is $77.50. The company has a current ratio of 2.25, a quick ratio of 0.68 and a debt-to-equity ratio of 2.93.
CarMax (NYSE:KMX - Get Free Report) last issued its quarterly earnings results on Thursday, December 19th. The company reported $0.81 earnings per share for the quarter, topping the consensus estimate of $0.62 by $0.19. The business had revenue of $6.22 billion during the quarter, compared to the consensus estimate of $6.05 billion. CarMax had a return on equity of 6.83% and a net margin of 1.61%. The company's quarterly revenue was up 1.2% on a year-over-year basis. During the same quarter last year, the company earned $0.52 earnings per share.
Several hedge funds and other institutional investors have recently bought and sold shares of the business. Quarry LP lifted its stake in CarMax by 78.6% during the second quarter. Quarry LP now owns 418 shares of the company's stock worth $31,000 after purchasing an additional 184 shares during the last quarter. Catalyst Capital Advisors LLC acquired a new stake in CarMax in the 3rd quarter valued at about $32,000. True Wealth Design LLC boosted its holdings in CarMax by 4,844.4% during the third quarter. True Wealth Design LLC now owns 445 shares of the company's stock worth $34,000 after buying an additional 436 shares in the last quarter. Blue Trust Inc. increased its holdings in shares of CarMax by 134.1% in the second quarter. Blue Trust Inc. now owns 501 shares of the company's stock valued at $37,000 after buying an additional 287 shares in the last quarter. Finally, Studio Investment Management LLC boosted its position in shares of CarMax by 176.7% in the 2nd quarter. Studio Investment Management LLC now owns 523 shares of the company's stock valued at $38,000 after purchasing an additional 334 shares during the period.
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.
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