CarMax (NYSE:KMX) is scheduled to be issuing its quarterly earnings data before the market opens on Thursday, December 21st. Analysts expect the company to announce earnings of $0.81 per share for the quarter.

CarMax (NYSE:KMX) last announced its quarterly earnings results on Friday, September 22nd. The company reported $0.98 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.95 by $0.03. CarMax had a net margin of 4.09% and a return on equity of 21.88%. The company had revenue of $4.39 billion during the quarter, compared to the consensus estimate of $4.26 billion. During the same quarter in the previous year, the company posted $0.88 earnings per share. The company’s revenue for the quarter was up 9.7% compared to the same quarter last year. On average, analysts expect CarMax to post $4 EPS for the current fiscal year and $4 EPS for the next fiscal year.

CarMax (NYSE KMX) opened at $68.52 on Tuesday. CarMax has a 1-year low of $54.29 and a 1-year high of $77.64. The stock has a market cap of $12,351.95, a price-to-earnings ratio of 18.61, a PEG ratio of 1.14 and a beta of 1.48. The company has a current ratio of 2.33, a quick ratio of 0.48 and a debt-to-equity ratio of 3.82.

In other CarMax news, CEO William D. Nash sold 100,522 shares of the business’s stock in a transaction dated Tuesday, September 26th. The shares were sold at an average price of $73.85, for a total value of $7,423,549.70. Following the sale, the chief executive officer now directly owns 62,902 shares in the company, valued at $4,645,312.70. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, COO William C. Jr. Wood sold 201,701 shares of the business’s stock in a transaction dated Tuesday, September 26th. The stock was sold at an average price of $73.56, for a total transaction of $14,837,125.56. Following the completion of the sale, the chief operating officer now owns 146,717 shares in the company, valued at $10,792,502.52. The disclosure for this sale can be found here. Insiders sold 609,955 shares of company stock valued at $45,120,138 in the last ninety days. Corporate insiders own 1.70% of the company’s stock.

KMX has been the subject of several analyst reports. Oppenheimer downgraded shares of CarMax from an “outperform” rating to a “market perform” rating and set a $80.00 price target for the company. in a report on Thursday, October 5th. Zacks Investment Research raised shares of CarMax from a “hold” rating to a “buy” rating and set a $77.00 price objective for the company in a report on Friday, September 8th. CIBC upped their price objective on shares of CarMax from $72.00 to $80.00 and gave the stock an “outperform” rating in a report on Tuesday, September 19th. Royal Bank of Canada upped their price objective on shares of CarMax from $77.00 to $83.00 and gave the stock an “outperform” rating in a report on Monday, September 25th. Finally, Deutsche Bank reaffirmed a “buy” rating and issued a $84.00 price objective on shares of CarMax in a report on Monday, September 25th. One research analyst has rated the stock with a sell rating, eleven have assigned a hold rating and seven have issued a buy rating to the company. The stock currently has a consensus rating of “Hold” and a consensus price target of $77.57.

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CarMax Company Profile

CarMax, Inc (CarMax) is a holding company. The Company is a retailer of used vehicles. The Company operates through two segments: CarMax Sales Operations and CarMax Auto Finance (CAF). The Company’s CarMax Sales Operations segment consists of all aspects of its auto merchandising and service operations, excluding financing provided by CAF.

Earnings History for CarMax (NYSE:KMX)

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