CarMax (KMX) Stock Price, News & Analysis

12 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for CarMax in the last twelve months. There are currently 2 sell ratings, 5 hold ratings and 5 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "hold" KMX shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in KMX, but not buy additional shares or sell existing shares.
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12 brokers have issued 1 year target prices for CarMax's stock. Their KMX share price targets range from $50.00 to $105.00. On average, they predict the company's stock price to reach $77.42 in the next twelve months. This suggests a possible upside of 14.0% from the stock's current price.
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CarMax's stock was trading at $76.74 at the beginning of 2024. Since then, KMX stock has decreased by 11.5% and is now trading at $67.91.
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The company is scheduled to release its next quarterly earnings announcement on Friday, June 28th 2024.
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CarMax, Inc. (NYSE:KMX) posted its earnings results on Thursday, April, 11th. The company reported $0.32 EPS for the quarter, missing analysts' consensus estimates of $0.45 by $0.13. The company had revenue of $5.63 billion for the quarter, compared to analyst estimates of $5.76 billion. CarMax had a trailing twelve-month return on equity of 7.26% and a net margin of 1.81%. The business's quarterly revenue was down 1.7% compared to the same quarter last year. During the same period in the previous year, the business earned $0.44 EPS.
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ETFs with the largest weight of CarMax (NYSE:KMX) stock in their portfolio include Kovitz Core Equity ETF (EQTY), FPA Global Equity ETF (FPAG), First Trust S-Network E-Commerce ETF (ISHP), Invesco S&P 500 Equal Weight Consumer Discretionary ETF (RCD), Invesco S&P 500 Equal Weight Consumer Discretionary ETF (RSPD), Nuveen ESG Mid-Cap Value ETF (NUMV), Invesco S&P 500 Pure Value ETF (RPV) and VanEck Morningstar SMID Moat ETF (SMOT).

1,023 employees have rated CarMax Chief Executive Officer Bill Nash on Glassdoor.com. Bill Nash has an approval rating of 72% among the company's employees.

Based on aggregate information from My MarketBeat watchlists, some companies that other CarMax investors own include NVIDIA (NVDA), Intel (INTC), Walt Disney (DIS), Advanced Micro Devices (AMD), Tesla (TSLA), QUALCOMM (QCOM), Netflix (NFLX), Cisco Systems (CSCO), Micron Technology (MU) and Home Depot (HD).

CarMax's stock is owned by many different institutional and retail investors. Top institutional shareholders include Sumitomo Mitsui Trust Holdings Inc. (0.23%), Nexus Investment Management ULC (0.22%), Confluence Investment Management LLC (0.09%), Massmutual Trust Co. FSB ADV (0.09%), Eldred Rock Partners LLC (0.08%) and Portman Square Capital LLP (0.00%). Insiders that own company stock include Charles Joseph Wilson, Diane L Cafritz, Diane L Cafritz, Edwin J Hill, Edwin J Hill, Enrique N Mayor-Mora, Eric M Margolin, James Lyski, Jill A Livesay, Jon G Daniels, Mohammad Shamim, Ronald E Blaylock and William D Nash.
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Shares of KMX stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
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