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

May 17, 2018 - By Harriett Tippett

CarMax, Inc. (NYSE:KMX) LogoInvestors sentiment increased to 1.04 in 2017 Q4. Its up 0.14, from 0.9 in 2017Q3. It improved, 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.
Gateway Inv Advisers Ltd Company stated it has 39,048 shares. Advantus Management holds 18,543 shares or 0.03% of its portfolio. Natl Pension Serv reported 0.07% stake. Freestone Capital Ltd Liability Co reported 15,906 shares. Marble Harbor Inv Counsel Ltd Liability Company holds 4,315 shares or 0.05% of its portfolio. Canada Pension Plan Board holds 115,495 shares. San Francisco Sentry Inv Group Incorporated (Ca) owns 0.01% invested in CarMax, Inc. (NYSE:KMX) for 590 shares. Hartford Inv Management owns 38,690 shares or 0.05% of their US portfolio. Hbk Invests Limited Partnership holds 140,976 shares. Chevy Chase holds 157,951 shares or 0.04% of its portfolio. Bb&T Secs Ltd Llc stated it has 126,494 shares. Hudson Valley Inv Advsr Incorporated Adv holds 0.15% in CarMax, Inc. (NYSE:KMX) or 9,318 shares. Dekabank Deutsche Girozentrale accumulated 28,662 shares. Boston Private Wealth holds 0.01% or 6,025 shares in its portfolio. Fifth Third Bancshares has invested 0% of its portfolio in CarMax, Inc. (NYSE:KMX).

Since December 15, 2017, it had 2 buys, and 10 sales for $11.48 million activity. FOLLIARD THOMAS J also sold $540,000 worth of CarMax, Inc. (NYSE:KMX) on Friday, December 15. MARGOLIN ERIC M sold $1.28M worth of stock. Newberry Darren C sold 6,584 shares worth $478,064. Shares for $2,280 were bought by GRAFTON W ROBERT on Friday, December 29. On Tuesday, April 17 the insider Wood William C Jr. sold $3.13 million. $217,767 worth of CarMax, Inc. (NYSE:KMX) was sold by GOODMAN SHIRA 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 $217.25M giving it 13.67 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 1.24% or $0.82 during the last trading session, reaching $66.72. About 1.25M shares traded. CarMax, Inc. (NYSE:KMX) has risen 1.49% since May 18, 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 15 analyst reports since December 4, 2017 according to SRatingsIntel. The rating was upgraded by Berenberg on Monday, January 8 to “Buy”. On Thursday, April 5 the stock rating was upgraded by Buckingham Research to “Buy”. The rating was maintained by Wedbush with “Buy” on Friday, December 22. The rating was maintained by RBC Capital Markets with “Buy” on Monday, February 12. The rating was initiated by Guggenheim on Monday, April 16 with “Buy”. The firm earned “Buy” rating on Thursday, December 21 by RBC Capital Markets. As per Wednesday, February 7, the company rating was maintained by Oppenheimer. Oppenheimer maintained the shares of KMX in report on Monday, March 12 with “Buy” rating. The firm has “Buy” rating by Credit Suisse given on Thursday, December 21. The rating was maintained by Susquehanna with “Hold” on Friday, December 22.

CarMax Inc., through its subsidiaries, operates as a retailer of used vehicles in the United States. The company has market cap of $11.88 billion. The firm operates in two divisions, CarMax Sales Operations and CarMax Auto Finance. It has a 18.53 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.

More news for CarMax, Inc. (NYSE:KMX) were recently published by: Seekingalpha.com, which released: “Buy CarMax In The Face Of ‘Bad News'” on April 18, 2018. Fool.com‘s article titled: “7 Car-Shopping Tips for First-Time Buyers” and published on May 17, 2018 is yet another important article.

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

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