What is William Blair's Estimate for CarMax Q4 Earnings?

CarMax, Inc. (NYSE:KMX - Free Report) - Analysts at William Blair boosted their Q4 2025 earnings estimates for shares of CarMax in a report issued on Wednesday, April 2nd. William Blair analyst S. Zackfia now expects that the company will earn $0.66 per share for the quarter, up from their previous estimate of $0.65. The consensus estimate for CarMax's current full-year earnings is $3.23 per share. William Blair also issued estimates for CarMax's Q4 2025 earnings at $0.66 EPS, Q1 2026 earnings at $1.23 EPS, Q1 2026 earnings at $1.23 EPS, Q2 2026 earnings at $1.04 EPS, Q2 2026 earnings at $1.04 EPS, Q4 2026 earnings at $0.79 EPS, Q4 2026 earnings at $0.79 EPS, FY2026 earnings at $3.82 EPS, FY2026 earnings at $3.82 EPS, FY2027 earnings at $4.48 EPS and FY2027 earnings at $4.48 EPS.

Other equities analysts have also recently issued reports about the stock. Royal Bank of Canada lifted their target price on shares of CarMax from $92.00 to $99.00 and gave the company an "overweight" rating in a report on Thursday, December 19th. StockNews.com upgraded shares of CarMax from a "sell" rating to a "hold" rating in a research note on Friday, December 20th. Truist Financial increased their target price on shares of CarMax from $72.00 to $88.00 and gave the stock a "hold" rating in a research note on Friday, December 20th. Mizuho increased their price objective on CarMax from $72.00 to $80.00 and gave the stock a "neutral" rating in a research report on Friday, December 20th. Finally, Stephens raised CarMax from an "equal weight" rating to an "overweight" rating and boosted their target price for the company from $86.00 to $90.00 in a report on Wednesday, March 26th. Two research analysts have rated the stock with a sell rating, four have assigned a hold rating and eight have given a buy rating to the company's stock. According to MarketBeat.com, the company has an average rating of "Hold" and an average price target of $90.64.

Remove Ads

CarMax Stock Performance

Shares of CarMax stock traded down $2.09 on Friday, hitting $73.63. The stock had a trading volume of 4,333,385 shares, compared to its average volume of 2,019,130. The company has a current ratio of 2.30, a quick ratio of 0.55 and a debt-to-equity ratio of 2.92. CarMax has a 52-week low of $65.83 and a 52-week high of $91.25. The company's 50 day moving average price is $80.26 and its 200 day moving average price is $79.33. The stock has a market cap of $11.32 billion, a price-to-earnings ratio of 24.96, a P/E/G ratio of 1.67 and a beta of 1.58.

Insider Buying and Selling at CarMax

In related news, SVP Tyler Tuite sold 4,869 shares of the business's stock in a transaction dated Tuesday, January 28th. The shares were sold at an average price of $84.58, for a total transaction of $411,820.02. Following the sale, the senior vice president now owns 227 shares of the company's stock, valued at approximately $19,199.66. The trade was a 95.55 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, EVP Mohammad Shamim sold 12,845 shares of the company's stock in a transaction dated Wednesday, January 8th. The stock was sold at an average price of $81.94, for a total transaction of $1,052,519.30. Following the transaction, the executive vice president now owns 11,738 shares in the company, valued at $961,811.72. The trade was a 52.25 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last quarter, insiders sold 35,723 shares of company stock valued at $2,925,218. 1.66% of the stock is owned by company insiders.

Hedge Funds Weigh In On CarMax

Several hedge funds have recently added to or reduced their stakes in the business. GAMMA Investing LLC boosted its stake in shares of CarMax by 8,675.6% during the first quarter. GAMMA Investing LLC now owns 515,830 shares of the company's stock valued at $40,193,000 after acquiring an additional 509,952 shares during the last quarter. Versant Capital Management Inc lifted its holdings in CarMax by 2,454.4% in the 1st quarter. Versant Capital Management Inc now owns 2,631 shares of the company's stock valued at $205,000 after purchasing an additional 2,528 shares in the last quarter. Central Pacific Bank Trust Division purchased a new position in CarMax in the 1st quarter valued at about $101,000. First Hawaiian Bank boosted its stake in shares of CarMax by 118.8% during the 1st quarter. First Hawaiian Bank now owns 7,307 shares of the company's stock worth $569,000 after purchasing an additional 3,968 shares during the last quarter. Finally, MassMutual Private Wealth & Trust FSB grew its holdings in shares of CarMax by 5.4% during the first quarter. MassMutual Private Wealth & Trust FSB now owns 164,346 shares of the company's stock worth $12,806,000 after buying an additional 8,348 shares in the last quarter.

About CarMax

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.