$1.21 EPS Expected for CarMax, Inc. (KMX)

September 16, 2018 - By Hannah Black

CarMax, Inc. (NYSE:KMX) LogoInvestors sentiment increased to 1.03 in 2018 Q2. Its up 0.14, from 0.89 in 2018Q1. It improved, as 31 investors sold CarMax, Inc. shares while 159 reduced holdings. 79 funds opened positions while 117 raised stakes. 165.02 million shares or 1.04% less from 166.76 million shares in 2018Q1 were reported.
Nexus Investment Mgmt invested 3.48% of its portfolio in CarMax, Inc. (NYSE:KMX). Old Natl Bank In reported 113,495 shares. First Financial Corp In reported 460 shares stake. 35,376 were accumulated by Graybill Bartz And Associates Ltd. Kbc Group Nv accumulated 17,787 shares. Csat Investment Advisory L P reported 0.01% stake. Pitcairn Com invested in 0.03% or 4,231 shares. Private Advisor Ltd Liability Corporation owns 0% invested in CarMax, Inc. (NYSE:KMX) for 2,844 shares. Raymond James & Assoc owns 100,445 shares for 0.01% of their portfolio. Weitz Investment reported 1.84% of its portfolio in CarMax, Inc. (NYSE:KMX). Strs Ohio has 5,654 shares. Cobblestone Cap Advsr Ltd Liability Corp New York accumulated 87,972 shares or 0.63% of the stock. Gsa Cap Llp reported 11,402 shares. Amica Mutual reported 0.06% in CarMax, Inc. (NYSE:KMX). Douglass Winthrop Limited Co accumulated 407,629 shares or 1.33% of the stock.

Since April 6, 2018, it had 1 insider buy, and 18 selling transactions for $61.34 million activity. The insider Bensen Peter J bought $310,600. Wood William C Jr. sold $3.13M worth of CarMax, Inc. (NYSE:KMX) on Tuesday, April 17. The insider Newberry Darren C sold 1,831 shares worth $135,128. Shares for $1.92 million were sold by MARGOLIN ERIC M on Friday, July 6. On Monday, July 9 Hill Edwin J sold $3.44M worth of CarMax, Inc. (NYSE:KMX) or 44,815 shares. 18,484 shares valued at $1.40M were sold by Daniels Jon G on Tuesday, June 26.

Analysts expect CarMax, Inc. (NYSE:KMX) to report $1.21 EPS on September, 28.They anticipate $0.23 EPS change or 23.47 % from last quarter’s $0.98 EPS. KMX’s profit would be $213.64M giving it 16.64 P/E if the $1.21 EPS is correct. After having $1.33 EPS previously, CarMax, Inc.’s analysts see -9.02 % EPS growth. The stock increased 0.42% or $0.34 during the last trading session, reaching $80.52. About 724,141 shares traded. CarMax, Inc. (NYSE:KMX) has risen 18.04% since September 16, 2017 and is uptrending. It has outperformed by 2.42% the S&P500.

CarMax, Inc. (NYSE:KMX) Ratings Coverage

Among 8 analysts covering CarMax (NYSE:KMX), 4 have Buy rating, 0 Sell and 4 Hold. Therefore 50% are positive. CarMax had 12 analyst reports since April 5, 2018 according to SRatingsIntel. As per Monday, June 25, the company rating was maintained by Robert W. Baird. The rating was maintained by Deutsche Bank with “Hold” on Thursday, April 5. Guggenheim downgraded the shares of KMX in report on Monday, June 25 to “Neutral” rating. On Monday, April 16 the stock rating was initiated by Guggenheim with “Buy”. The stock of CarMax, Inc. (NYSE:KMX) earned “Overweight” rating by Morgan Stanley on Tuesday, July 10. The stock of CarMax, Inc. (NYSE:KMX) has “Outperform” rating given on Friday, April 6 by Credit Suisse. The company was maintained on Tuesday, May 29 by Wedbush. On Monday, June 25 the stock rating was maintained by Credit Suisse with “Buy”. On Monday, June 25 the stock rating was maintained by Wedbush with “Buy”. The firm has “Hold” rating by Buckingham Research given on Monday, June 25.

CarMax Inc., through its subsidiaries, operates as a retailer of used vehicles in the United States. The company has market cap of $14.22 billion. The firm operates in two divisions, CarMax Sales Operations and CarMax Auto Finance. It has a 21.26 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 important recent CarMax, Inc. (NYSE:KMX) news were published by: Seekingalpha.com which released: “Buy United Parcel Service – Cramer’s Lightning Round (9/6/18)” on September 07, 2018, also Seekingalpha.com published article titled: “Tracking Ruane, Cunniff & Goldfarb’s Portfolio – Q2 2018 Update”, Seekingalpha.com published: “Morgan Stanley sees CarMax as best in class” on August 29, 2018. More interesting news about CarMax, Inc. (NYSE:KMX) was released by: Seekingalpha.com and their article: “Tracking Lou Simpson’s SQ Advisors Portfolio – Q2 2018 Update” with publication date: August 19, 2018.

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

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