Equities Analysts Offer Predictions for CarMax Q4 Earnings

CarMax, Inc. (NYSE:KMX - Free Report) - Research analysts at Zacks Research decreased their Q4 2026 earnings per share (EPS) estimates for shares of CarMax in a report issued on Wednesday, February 19th. Zacks Research analyst R. Department now expects that the company will post earnings of $0.74 per share for the quarter, down from their previous estimate of $0.75. The consensus estimate for CarMax's current full-year earnings is $3.23 per share. Zacks Research also issued estimates for CarMax's Q1 2027 earnings at $1.25 EPS.

Several other analysts also recently issued reports on the company. Needham & Company LLC upped their price target on CarMax from $98.00 to $101.00 and gave the stock a "buy" rating in a research note on Monday, February 3rd. JPMorgan Chase & Co. increased their price target on CarMax from $70.00 to $72.00 and gave the company an "underweight" rating in a report on Friday, December 20th. Evercore ISI upgraded shares of CarMax from an "in-line" rating to an "outperform" rating and boosted their price objective for the stock from $90.00 to $110.00 in a research note on Thursday, February 6th. Truist Financial raised their target price on shares of CarMax from $72.00 to $88.00 and gave the company a "hold" rating in a research note on Friday, December 20th. Finally, StockNews.com raised shares of CarMax from a "sell" rating to a "hold" rating in a research report on Friday, December 20th. Three equities research analysts have rated the stock with a sell rating, five have given a hold rating and seven have issued a buy rating to the company's stock. According to data from MarketBeat.com, CarMax currently has an average rating of "Hold" and a consensus price target of $87.50.

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CarMax Stock Down 0.0 %

NYSE:KMX traded down $0.01 during trading hours on Friday, reaching $82.88. The company's stock had a trading volume of 1,276,058 shares, compared to its average volume of 1,563,710. The company has a debt-to-equity ratio of 2.92, a current ratio of 2.30 and a quick ratio of 0.55. The company has a market cap of $12.75 billion, a price-to-earnings ratio of 28.09, a price-to-earnings-growth ratio of 1.67 and a beta of 1.72. CarMax has a one year low of $65.83 and a one year high of $91.25. The business's 50-day moving average is $83.33 and its 200-day moving average is $80.20.

CarMax (NYSE:KMX - Get Free Report) last posted its earnings results on Thursday, December 19th. The company reported $0.81 EPS for the quarter, topping the consensus estimate of $0.62 by $0.19. The company had revenue of $6.22 billion during the quarter, compared to the consensus estimate of $6.05 billion. CarMax had a net margin of 1.77% and a return on equity of 7.49%. The company's revenue for the quarter was up 1.2% compared to the same quarter last year. During the same period in the previous year, the firm posted $0.52 earnings per share.

Institutional Investors Weigh In On CarMax

Several large investors have recently modified their holdings of KMX. First Hawaiian Bank bought a new stake in CarMax in the fourth quarter valued at $273,000. World Investment Advisors LLC bought a new stake in shares of CarMax in the 3rd quarter worth about $6,942,000. Sumitomo Mitsui Trust Group Inc. increased its position 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 purchasing an additional 10,898 shares in the last quarter. HF Advisory Group LLC lifted its holdings in CarMax by 12.6% during the 4th quarter. HF Advisory Group LLC now owns 28,793 shares of the company's stock valued at $2,354,000 after purchasing an additional 3,222 shares during the last quarter. Finally, Merit Financial Group LLC bought a new position in CarMax during the 4th quarter valued at about $600,000.

Insider Activity

In other CarMax news, CEO William D. Nash sold 120,513 shares of the business's stock in a transaction on Monday, December 23rd. The shares were sold at an average price of $83.24, for a total value of $10,031,502.12. Following the sale, the chief executive officer now owns 181,683 shares of the company's stock, valued at $15,123,292.92. The trade was a 39.88 % decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through this link. Also, SVP Tyler Tuite sold 4,869 shares of the firm's stock in a transaction dated Tuesday, January 28th. The stock was sold at an average price of $84.58, for a total transaction of $411,820.02. Following the transaction, the senior vice president now directly owns 227 shares of the company's stock, valued at $19,199.66. The trade was a 95.55 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 264,467 shares of company stock worth $21,915,445. Company insiders own 1.66% of the company's stock.

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.