CarMax Inc (NYSE:KMX) Director Thomas J. Folliard sold 8,000 shares of the business’s stock in a transaction that occurred on Wednesday, November 15th. The shares were sold at an average price of $70.75, for a total value of $566,000.00. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink.
Shares of CarMax Inc (NYSE:KMX) opened at $69.45 on Friday. The company has a debt-to-equity ratio of 3.82, a current ratio of 2.33 and a quick ratio of 0.48. The stock has a market capitalization of $12,662.82, a PE ratio of 19.08, a price-to-earnings-growth ratio of 1.17 and a beta of 1.52. CarMax Inc has a 12-month low of $54.29 and a 12-month high of $77.64.
CarMax (NYSE:KMX) last released its quarterly earnings data on Friday, September 22nd. The company reported $0.98 EPS for the quarter, beating analysts’ consensus estimates of $0.95 by $0.03. CarMax had a return on equity of 21.88% and a net margin of 4.09%. The business had revenue of $4.39 billion for the quarter, compared to the consensus estimate of $4.26 billion. During the same quarter in the prior year, the business posted $0.88 EPS. The business’s revenue for the quarter was up 9.7% on a year-over-year basis. equities research analysts expect that CarMax Inc will post 3.84 earnings per share for the current fiscal year.
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Several institutional investors and hedge funds have recently added to or reduced their stakes in the company. QS Investors LLC increased its holdings in shares of CarMax by 1.0% in the 2nd quarter. QS Investors LLC now owns 2,333 shares of the company’s stock valued at $147,000 after acquiring an additional 22 shares during the last quarter. YorkBridge Wealth Partners LLC increased its holdings in shares of CarMax by 1.3% in the 2nd quarter. YorkBridge Wealth Partners LLC now owns 2,331 shares of the company’s stock valued at $149,000 after acquiring an additional 29 shares during the last quarter. Osborne Partners Capital Management LLC increased its holdings in shares of CarMax by 0.5% in the 2nd quarter. Osborne Partners Capital Management LLC now owns 18,565 shares of the company’s stock valued at $1,171,000 after acquiring an additional 90 shares during the last quarter. Kelman Lazarov Inc. increased its holdings in shares of CarMax by 0.8% in the 2nd quarter. Kelman Lazarov Inc. now owns 13,300 shares of the company’s stock valued at $839,000 after acquiring an additional 100 shares during the last quarter. Finally, Thrivent Financial For Lutherans increased its holdings in shares of CarMax by 2.3% in the 2nd quarter. Thrivent Financial For Lutherans now owns 7,000 shares of the company’s stock valued at $441,000 after acquiring an additional 160 shares during the last quarter.
Several analysts recently commented on KMX shares. Oppenheimer Holdings, Inc. reiterated a “buy” rating on shares of CarMax in a research report on Friday, September 1st. Zacks Investment Research upgraded CarMax from a “hold” rating to a “strong-buy” rating and set a $74.00 target price for the company in a report on Wednesday, August 16th. CIBC restated a “market perform” rating on shares of CarMax in a report on Thursday, October 5th. Deutsche Bank AG restated a “buy” rating and issued a $84.00 target price on shares of CarMax in a report on Monday, September 25th. Finally, Royal Bank Of Canada upped their target price on CarMax from $77.00 to $83.00 and gave the company an “outperform” rating in a report on Monday, September 25th. One equities research analyst has rated the stock with a sell rating, ten have issued a hold rating, six have assigned a buy rating and one has given a strong buy rating to the stock. CarMax currently has a consensus rating of “Hold” and a consensus target price of $77.40.
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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