FY2025 Earnings Forecast for CarMax Issued By William Blair

CarMax, Inc. (NYSE:KMX - Free Report) - William Blair boosted their FY2025 EPS estimates for shares of CarMax in a research note issued to investors on Thursday, December 19th. William Blair analyst S. Zackfia now forecasts that the company will earn $3.28 per share for the year, up from their previous estimate of $3.05. The consensus estimate for CarMax's current full-year earnings is $3.01 per share. William Blair also issued estimates for CarMax's Q4 2025 earnings at $0.65 EPS, Q1 2026 earnings at $1.26 EPS, Q2 2026 earnings at $1.00 EPS, Q3 2026 earnings at $0.76 EPS, Q4 2026 earnings at $0.76 EPS, FY2026 earnings at $3.78 EPS and FY2027 earnings at $4.36 EPS.

KMX has been the subject of a number of other research reports. BNP Paribas raised CarMax to a "strong sell" rating in a research report on Friday, September 27th. Oppenheimer restated an "outperform" rating and issued a $105.00 price objective on shares of CarMax in a research note on Friday, October 4th. StockNews.com upgraded shares of CarMax from a "sell" rating to a "hold" rating in a research note on Friday. Evercore ISI boosted their target price on shares of CarMax from $83.00 to $85.00 and gave the stock a "market perform" rating in a research report on Thursday. Finally, Royal Bank of Canada raised their price target on CarMax from $92.00 to $99.00 and gave the company an "overweight" rating in a research report on Thursday. Three investment analysts have rated the stock with a sell rating, six have given a hold rating and six have issued a buy rating to the company's stock. Based on data from MarketBeat.com, CarMax currently has an average rating of "Hold" and a consensus price target of $85.17.

CarMax Stock Down 0.7 %

KMX stock traded down $0.57 during mid-day trading on Monday, hitting $83.70. The stock had a trading volume of 1,864,066 shares, compared to its average volume of 1,945,279. CarMax has a 1-year low of $65.83 and a 1-year high of $91.25. The company has a fifty day moving average of $79.01 and a 200 day moving average of $77.73. The company has a current ratio of 2.25, a quick ratio of 0.68 and a debt-to-equity ratio of 2.93. The stock has a market capitalization of $12.97 billion, a price-to-earnings ratio of 31.47, a PEG ratio of 1.76 and a beta of 1.71.

CarMax (NYSE:KMX - Get Free Report) last posted its quarterly earnings results on Thursday, December 19th. The company reported $0.81 earnings per share for the quarter, topping analysts' consensus estimates of $0.62 by $0.19. The business had revenue of $6.22 billion for the quarter, compared to the consensus estimate of $6.05 billion. CarMax had a net margin of 1.61% and a return on equity of 6.83%. CarMax's revenue for the quarter was up 1.2% compared to the same quarter last year. During the same period in the prior year, the business posted $0.52 earnings per share.

Institutional Trading of CarMax

Several institutional investors have recently modified their holdings of KMX. World Investment Advisors LLC bought a new position in CarMax in the third quarter worth $6,942,000. Sumitomo Mitsui Trust Group Inc. lifted its holdings in shares of CarMax by 3.2% during the 3rd quarter. Sumitomo Mitsui Trust Group Inc. now owns 351,361 shares of the company's stock worth $27,188,000 after acquiring an additional 10,898 shares during the period. Eagle Rock Investment Company LLC bought a new position in shares of CarMax during the 3rd quarter worth about $747,000. Neo Ivy Capital Management acquired a new stake in shares of CarMax during the 3rd quarter valued at about $3,934,000. Finally, iSAM Funds UK Ltd bought a new stake in CarMax in the third quarter valued at about $537,000.

CarMax Company Profile

CarMax, Inc, through its subsidiaries, operates as a retailer of used vehicles and related products in the United States. It operates in two segments: CarMax Sales Operations and CarMax Auto Finance. The CarMax Sales Operations segment offers customers a range of makes and models of used vehicles, including domestic, imported, and luxury vehicles, as well as hybrid and electric vehicles; used vehicle auctions; extended protection plans to customers at the time of sale; and reconditioning and vehicle repair services.