Q1 2025 EPS Estimates for CarMax, Inc. Lowered by Analyst (NYSE:KMX)

CarMax, Inc. (NYSE:KMXFree Report) – Investment analysts at Zacks Research lowered their Q1 2025 earnings per share (EPS) estimates for CarMax in a research report issued to clients and investors on Tuesday, June 4th. Zacks Research analyst R. Singhi now anticipates that the company will earn $0.44 per share for the quarter, down from their prior estimate of $1.15. The consensus estimate for CarMax’s current full-year earnings is $3.12 per share. Zacks Research also issued estimates for CarMax’s Q3 2025 earnings at $0.80 EPS, FY2025 earnings at $2.75 EPS, Q4 2026 earnings at $0.84 EPS, FY2026 earnings at $3.25 EPS and FY2027 earnings at $4.06 EPS.

CarMax (NYSE:KMXGet Free Report) last issued its quarterly earnings results on Thursday, April 11th. The company reported $0.32 EPS for the quarter, missing the consensus estimate of $0.45 by ($0.13). CarMax had a return on equity of 7.26% and a net margin of 1.81%. The company had revenue of $5.63 billion during the quarter, compared to analysts’ expectations of $5.76 billion. During the same period in the previous year, the firm posted $0.44 EPS. CarMax’s revenue was down 1.7% compared to the same quarter last year.

Several other equities research analysts have also commented on KMX. Bank of America boosted their price objective on CarMax from $44.00 to $50.00 and gave the stock an “underperform” rating in a research note on Thursday, February 29th. Oppenheimer reissued an “outperform” rating and issued a $105.00 price objective on shares of CarMax in a research note on Tuesday, April 9th. Robert W. Baird lowered their target price on shares of CarMax from $88.00 to $84.00 and set an “outperform” rating on the stock in a research note on Friday, April 12th. Royal Bank of Canada reiterated an “outperform” rating and issued a $83.00 target price on shares of CarMax in a research report on Monday, April 8th. Finally, Wedbush restated an “outperform” rating and set a $90.00 price target on shares of CarMax in a research report on Thursday, May 16th. Three investment analysts have rated the stock with a sell rating, five have given a hold rating and five have assigned a buy rating to the stock. Based on data from MarketBeat, the company presently has a consensus rating of “Hold” and an average price target of $76.92.

Read Our Latest Research Report on KMX

CarMax Stock Down 3.1 %

KMX stock opened at $70.07 on Friday. The stock has a market capitalization of $11.03 billion, a P/E ratio of 23.13, a P/E/G ratio of 1.38 and a beta of 1.69. CarMax has a 52 week low of $59.66 and a 52 week high of $88.22. The firm has a 50-day simple moving average of $72.59 and a 200-day simple moving average of $73.33. The company has a quick ratio of 0.67, a current ratio of 2.26 and a debt-to-equity ratio of 2.96.

Institutional Trading of CarMax

Several institutional investors and hedge funds have recently bought and sold shares of KMX. GAMMA Investing LLC increased its position in shares of CarMax by 6.5% during the first quarter. GAMMA Investing LLC now owns 2,156 shares of the company’s stock valued at $188,000 after acquiring an additional 131 shares during the last quarter. Czech National Bank increased its holdings in CarMax by 0.5% in the 4th quarter. Czech National Bank now owns 27,789 shares of the company’s stock valued at $2,133,000 after purchasing an additional 138 shares during the last quarter. Spire Wealth Management raised its position in CarMax by 8.3% in the fourth quarter. Spire Wealth Management now owns 1,908 shares of the company’s stock valued at $146,000 after purchasing an additional 147 shares during the period. Lindbrook Capital LLC lifted its stake in CarMax by 32.8% during the fourth quarter. Lindbrook Capital LLC now owns 628 shares of the company’s stock worth $48,000 after purchasing an additional 155 shares in the last quarter. Finally, Zurcher Kantonalbank Zurich Cantonalbank lifted its stake in CarMax by 0.7% during the fourth quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 23,223 shares of the company’s stock worth $1,782,000 after purchasing an additional 157 shares in the last quarter.

Insider Transactions at CarMax

In related news, EVP Diane L. Cafritz sold 15,356 shares of the company’s stock in a transaction that occurred on Tuesday, April 23rd. The stock was sold at an average price of $69.53, for a total value of $1,067,702.68. Following the transaction, the executive vice president now directly owns 6,977 shares in the company, valued at $485,110.81. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Insiders own 1.66% of the company’s stock.

CarMax Company Profile

(Get Free Report)

CarMax, Inc, through its subsidiaries, operates as a retailer of used vehicles and related products in the United States. It operates in two segments: CarMax Sales Operations and CarMax Auto Finance. The CarMax Sales Operations segment offers customers a range of makes and models of used vehicles, including domestic, imported, and luxury vehicles, as well as hybrid and electric vehicles; used vehicle auctions; extended protection plans to customers at the time of sale; and reconditioning and vehicle repair services.

See Also

Earnings History and Estimates for CarMax (NYSE:KMX)

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