CarMax, Inc (NYSE:KMX) Director Thomas J. Folliard sold 8,000 shares of the firm’s stock in a transaction on Thursday, February 15th. The stock was sold at an average price of $61.92, for a total value of $495,360.00. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink.
CarMax, Inc (KMX) opened at $64.43 on Monday. The company has a market capitalization of $11,650.00, a price-to-earnings ratio of 17.27, a PEG ratio of 1.13 and a beta of 1.53. The company has a debt-to-equity ratio of 3.83, a quick ratio of 0.51 and a current ratio of 2.70. CarMax, Inc has a 52 week low of $54.29 and a 52 week high of $77.64.
CarMax (NYSE:KMX) last announced its quarterly 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). The firm had revenue of $4.11 billion for the quarter, compared to analysts’ expectations of $3.97 billion. CarMax had a net margin of 4.07% and a return on equity of 21.77%. The business’s quarterly revenue was up 11.0% on a year-over-year basis. During the same quarter in the prior year, the business posted $0.72 EPS. analysts forecast that CarMax, Inc will post 3.84 EPS for the current year.
Several analysts have recently weighed in on KMX shares. Credit Suisse Group upgraded CarMax to a “buy” rating and set a $83.00 target price for the company in a research report on Monday, December 25th. Deutsche Bank downgraded CarMax from a “buy” rating to a “hold” rating and set a $76.00 target price for the company. in a research report on Friday, November 17th. UBS Group upgraded CarMax from a “market perform” rating to an “outperform” rating in a research report on Thursday, January 18th. Northcoast Research upgraded CarMax from a “neutral” rating to a “buy” rating in a research report on Thursday, December 14th. Finally, Berenberg Bank upgraded CarMax from a “hold” rating to a “buy” rating and set a $83.00 target price for the company in a research report on Monday, January 8th. Eight analysts have rated the stock with a hold rating and eleven have issued a buy rating to the stock. The stock has a consensus rating of “Buy” and an average target price of $79.68.
Institutional investors have recently made changes to their positions in the company. Cerebellum GP LLC purchased a new position in shares of CarMax during the fourth quarter valued at $121,000. Captrust Financial Advisors purchased a new position in shares of CarMax during the fourth quarter valued at $134,000. Tredje AP fonden purchased a new position in shares of CarMax during the third quarter valued at $144,000. QS Investors LLC increased its stake in shares of CarMax by 1.0% during the second quarter. QS Investors LLC now owns 2,333 shares of the company’s stock valued at $147,000 after buying an additional 22 shares during the period. Finally, Prime Capital Investment Advisors LLC purchased a new position in shares of CarMax during the fourth quarter valued at $156,000.
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CarMax Company Profile
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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