Analysts See $1.22 EPS for CarMax, Inc. (KMX)

May 17, 2018 - By David Rodden

CarMax, Inc. (NYSE:KMX) LogoInvestors sentiment increased to 1.04 in 2017 Q4. Its up 0.14, from 0.9 in 2017Q3. It is positive, as 39 investors sold CarMax, Inc. shares while 152 reduced holdings. 64 funds opened positions while 134 raised stakes. 174.62 million shares or 7.20% less from 188.17 million shares in 2017Q3 were reported.
Moreover, Howland Mgmt has 1.58% invested in CarMax, Inc. (NYSE:KMX). Jfs Wealth Advsr has 48 shares. Nuveen Asset Mngmt Limited Liability Company reported 248,374 shares. Maryland-based Brown Advisory has invested 0.47% in CarMax, Inc. (NYSE:KMX). Rhumbline Advisers reported 0.05% of its portfolio in CarMax, Inc. (NYSE:KMX). Columbia Prns L L C Mngmt holds 28,550 shares. Old Natl Comml Bank In holds 0.34% or 103,537 shares. Selz Capital Limited Liability Co owns 20,000 shares. Vanguard Group Inc Inc stated it has 0.05% of its portfolio in CarMax, Inc. (NYSE:KMX). Ckw Fincl Gp has 0% invested in CarMax, Inc. (NYSE:KMX) for 12 shares. Andra Ap has 28,700 shares for 0.04% of their portfolio. National Pension Ser holds 212,540 shares. California State Teachers Retirement reported 306,328 shares. Comerica Financial Bank holds 0.02% or 45,944 shares in its portfolio. State Treasurer State Of Michigan invested in 53,405 shares.

Since December 15, 2017, it had 2 insider buys, and 10 selling transactions for $11.48 million activity. 5,000 shares were bought by Bensen Peter J, worth $310,600. 6,584 CarMax, Inc. (NYSE:KMX) shares with value of $478,064 were sold by Newberry Darren C. GRAFTON W ROBERT also bought $2,280 worth of CarMax, Inc. (NYSE:KMX) shares. MARGOLIN ERIC M sold $1.28 million worth of CarMax, Inc. (NYSE:KMX) on Wednesday, April 18. The insider Wood William C Jr. sold $3.13M. 3,621 shares were sold by GOODMAN SHIRA, worth $217,767 on Wednesday, April 11.

Analysts expect CarMax, Inc. (NYSE:KMX) to report $1.22 EPS on June, 20.They anticipate $0.09 EPS change or 7.96 % from last quarter’s $1.13 EPS. KMX’s profit would be $217.25 million giving it 13.50 P/E if the $1.22 EPS is correct. After having $0.77 EPS previously, CarMax, Inc.’s analysts see 58.44 % EPS growth. The stock increased 1.38% or $0.9 during the last trading session, reaching $65.9. About 1.64M shares traded. CarMax, Inc. (NYSE:KMX) has risen 1.49% since May 17, 2017 and is uptrending. It has underperformed by 10.06% the S&P500.

CarMax, Inc. (NYSE:KMX) Ratings Coverage

Among 10 analysts covering CarMax (NYSE:KMX), 7 have Buy rating, 0 Sell and 3 Hold. Therefore 70% are positive. CarMax had 16 analyst reports since November 17, 2017 according to SRatingsIntel. The rating was maintained by Susquehanna with “Hold” on Friday, December 22. Berenberg upgraded the shares of KMX in report on Monday, January 8 to “Buy” rating. The firm has “Hold” rating by Deutsche Bank given on Thursday, April 5. On Wednesday, February 7 the stock rating was maintained by Oppenheimer with “Buy”. The stock of CarMax, Inc. (NYSE:KMX) earned “Outperform” rating by Credit Suisse on Friday, April 6. Oppenheimer upgraded the stock to “Buy” rating in Thursday, January 18 report. The firm has “Buy” rating given on Thursday, December 21 by Credit Suisse. The company was downgraded on Friday, November 17 by Deutsche Bank. RBC Capital Markets maintained the shares of KMX in report on Monday, February 12 with “Buy” rating. RBC Capital Markets maintained CarMax, Inc. (NYSE:KMX) rating on Thursday, December 21. RBC Capital Markets has “Buy” rating and $82.0 target.

CarMax Inc., through its subsidiaries, operates as a retailer of used vehicles in the United States. The company has market cap of $11.74 billion. The firm operates in two divisions, CarMax Sales Operations and CarMax Auto Finance. It has a 18.31 P/E ratio. It offers clients a range of makes and models of used vehicles, including domestic and imported vehicles; sells vehicles that do not meet its retail standards to licensed dealers through on-site wholesale auctions; and provides extended protection plans to clients at the time of sale.

Another recent and important CarMax, Inc. (NYSE:KMX) news was published by Seekingalpha.com which published an article titled: “Buy CarMax In The Face Of ‘Bad News'” on April 18, 2018.

CarMax, Inc. (NYSE:KMX) Institutional Positions Chart

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