Brokerages expect CarMax, Inc (NYSE:KMX) to announce earnings per share (EPS) of $0.91 for the current fiscal quarter, according to Zacks. Five analysts have provided estimates for CarMax’s earnings, with the lowest EPS estimate coming in at $0.82 and the highest estimate coming in at $1.01. CarMax reported earnings per share of $0.81 in the same quarter last year, which suggests a positive year over year growth rate of 12.3%. The business is expected to announce its next earnings report on Thursday, April 5th.

On average, analysts expect that CarMax will report full-year earnings of $3.84 per share for the current fiscal year, with EPS estimates ranging from $3.75 to $3.93. For the next fiscal year, analysts expect that the firm will post earnings of $4.44 per share, with EPS estimates ranging from $3.93 to $5.00. Zacks’ EPS calculations are an average based on a survey of sell-side research firms that cover CarMax.

CarMax (NYSE:KMX) last released its earnings results on Thursday, December 21st. The company reported $0.81 EPS for the quarter, missing the consensus estimate of $0.82 by ($0.01). CarMax had a net margin of 4.07% and a return on equity of 21.77%. The firm had revenue of $4.11 billion during the quarter, compared to the consensus estimate of $3.97 billion. During the same period in the prior year, the business earned $0.72 earnings per share. CarMax’s quarterly revenue was up 11.0% compared to the same quarter last year.

Several equities analysts have commented on KMX shares. Credit Suisse Group raised shares of CarMax to a “buy” rating and set a $83.00 target price on the stock in a report on Monday, December 25th. Deutsche Bank downgraded shares of CarMax from a “buy” rating to a “hold” rating and set a $76.00 price target on the stock. in a research note on Friday, November 17th. Northcoast Research upgraded shares of CarMax from a “neutral” rating to a “buy” rating in a research note on Thursday, December 14th. Berenberg Bank upgraded shares of CarMax from a “hold” rating to a “buy” rating and set a $83.00 price target on the stock in a research note on Monday, January 8th. Finally, Zacks Investment Research downgraded shares of CarMax from a “buy” rating to a “hold” rating in a research note on Tuesday, October 31st. Eight equities research analysts have rated the stock with a hold rating and eleven have issued a buy rating to the company’s stock. The company presently has a consensus rating of “Buy” and a consensus target price of $79.68.

In related news, Director Thomas J. Folliard sold 8,000 shares of CarMax stock in a transaction that occurred on Friday, December 1st. The shares were sold at an average price of $68.72, for a total transaction of $549,760.00. Following the sale, the director now directly owns 447,572 shares in the company, valued at approximately $30,757,147.84. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. Also, EVP Eric M. Margolin sold 20,000 shares of CarMax stock in a transaction that occurred on Friday, January 26th. The stock was sold at an average price of $71.78, for a total transaction of $1,435,600.00. Following the sale, the executive vice president now owns 41,051 shares in the company, valued at $2,946,640.78. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 74,584 shares of company stock worth $5,226,064. 1.70% of the stock is currently owned by corporate insiders.

Large investors have recently bought and sold shares of the stock. Cerebellum GP LLC acquired a new stake in CarMax during the 4th quarter worth approximately $121,000. Tredje AP fonden acquired a new stake in CarMax during the 3rd quarter worth approximately $144,000. QS Investors LLC boosted its position in CarMax by 1.0% during the 2nd quarter. QS Investors LLC now owns 2,333 shares of the company’s stock worth $147,000 after buying an additional 22 shares during the period. Commerce Bank acquired a new stake in CarMax during the 3rd quarter worth approximately $203,000. Finally, Dai Ichi Life Insurance Company Ltd acquired a new stake in CarMax during the 3rd quarter worth approximately $206,000.

CarMax (NYSE KMX) traded up $0.15 during mid-day trading on Tuesday, reaching $64.49. 3,080,087 shares of the company’s stock traded hands, compared to its average volume of 1,935,369. The company has a current ratio of 2.70, a quick ratio of 0.51 and a debt-to-equity ratio of 3.83. CarMax has a 52-week low of $54.29 and a 52-week high of $77.64. The company has a market cap of $11,662.89, a price-to-earnings ratio of 17.29, a P/E/G ratio of 1.13 and a beta of 1.53.

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About CarMax

CarMax, Inc (CarMax) is a holding company. The Company is a retailer of used vehicles. The Company operates through two segments: CarMax Sales Operations and CarMax Auto Finance (CAF). The Company’s CarMax Sales Operations segment consists of all aspects of its auto merchandising and service operations, excluding financing provided by CAF.

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