CarMax (KMX) Stock Price, News & Analysis

12 Wall Street 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 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 Wall Street research analysts 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 anticipate the company's stock price to reach $77.42 in the next twelve months. This suggests a possible upside of 13.3% from the stock's current price.
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CarMax's stock was trading at $76.74 at the beginning of the year. Since then, KMX stock has decreased by 10.9% and is now trading at $68.34.
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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) issued its quarterly earnings results on Thursday, April, 11th. The company reported $0.32 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.45 by $0.13. The business earned $5.63 billion during the quarter, compared to analysts' expectations of $5.76 billion. CarMax had a trailing twelve-month return on equity of 7.26% and a net margin of 1.81%. CarMax's revenue for the quarter was down 1.7% on a year-over-year basis. During the same period in the previous year, the business posted $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 retail and institutional investors. Top institutional shareholders include Check Capital Management Inc. CA (0.39%), 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%) and Eldred Rock Partners LLC (0.08%). 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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