$1.22 EPS Expected for CarMax, Inc. (KMX)

May 17, 2018 - By Adrian Mccoy

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.
Chicago Equity Prtnrs Lc has invested 0.01% in CarMax, Inc. (NYSE:KMX). 7,782 were accumulated by Bluemountain Cap Limited Liability Corp. 11,178 are owned by Kbc Nv. Ckw Fin Group Incorporated holds 12 shares or 0% of its portfolio. Glenmede Trust Na has invested 0.01% in CarMax, Inc. (NYSE:KMX). Bnp Paribas Asset Management Hldgs owns 6,944 shares. Steinberg Asset Management reported 44,564 shares. 407,467 were reported by Parametric Portfolio Ltd Liability. Dorsey & Whitney Tru Ltd Co has invested 0.06% of its portfolio in CarMax, Inc. (NYSE:KMX). Harris Assocs Lp holds 6.46M shares. Moreover, Envestnet Asset Management Inc has 0.01% invested in CarMax, Inc. (NYSE:KMX). Creative Planning has invested 0% in CarMax, Inc. (NYSE:KMX). Kcm Inv Advisors Ltd invested in 0.01% or 3,500 shares. Ameritas Inv Ptnrs invested in 4,044 shares. Brown Advisory Ltd Liability Co holds 6,100 shares or 0.08% of its portfolio.

Since December 15, 2017, it had 2 insider purchases, and 10 insider sales for $11.48 million activity. $3.07M worth of CarMax, Inc. (NYSE:KMX) was sold by FOLLIARD THOMAS J. Another trade for 5,000 shares valued at $310,600 was bought by Bensen Peter J. Wood William C Jr. sold $3.13M worth of stock. GRAFTON W ROBERT bought $2,280 worth of stock or 35 shares. Another trade for 6,584 shares valued at $478,064 was sold by Newberry Darren C. GOODMAN SHIRA sold $217,767 worth of stock or 3,621 shares.

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 $217.25 million giving it 13.50 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 1.38% or $0.9 during the last trading session, reaching $65.9. About 1.64M shares traded. CarMax, Inc. (NYSE:KMX) has risen 1.49% since May 17, 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 16 analyst reports since November 17, 2017 according to SRatingsIntel. Wedbush maintained CarMax, Inc. (NYSE:KMX) rating on Friday, December 22. Wedbush has “Buy” rating and $81.0 target. As per Wednesday, April 4, the company rating was maintained by RBC Capital Markets. The rating was maintained by Deutsche Bank on Thursday, April 5 with “Hold”. The rating was initiated by Guggenheim with “Buy” on Monday, April 16. The firm earned “Hold” rating on Friday, December 22 by Susquehanna. The rating was maintained by RBC Capital Markets with “Buy” on Monday, February 12. Buckingham Research upgraded the shares of KMX in report on Thursday, April 5 to “Buy” rating. Credit Suisse maintained the shares of KMX in report on Friday, April 6 with “Outperform” rating. The firm earned “Hold” rating on Friday, November 17 by Deutsche Bank. The company was upgraded on Thursday, December 21 by Credit Suisse.

CarMax Inc., through its subsidiaries, operates as a retailer of used vehicles in the United States. The company has market cap of $11.74 billion. The firm operates in two divisions, CarMax Sales Operations and CarMax Auto Finance. It has a 18.31 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.

Another recent and important CarMax, Inc. (NYSE:KMX) news was published by Seekingalpha.com which published an article titled: “Buy CarMax In The Face Of ‘Bad News'” on April 18, 2018.

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

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