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CarMax (NYSE:KMX) was upgraded by William Blair to an “outperform” rating in a research note issued on Friday.

Several other analysts have also recently commented on the stock. Analysts at Zacks reiterated a “neutral” rating on shares of CarMax in a research note on Friday, May 9th. They now have a $47.00 price target on the stock. Separately, analysts at Oppenheimer cut their price target on shares of CarMax from $55.00 to $51.00 in a research note on Thursday, May 8th. They now have an “outperform” rating on the stock. Finally, analysts at RBC Capital cut their price target on shares of CarMax from $52.00 to $50.00 in a research note on Monday, April 7th. They now have a “sector perform” rating on the stock. Five equities research analysts have rated the stock with a hold rating and five have assigned a buy rating to the stock. The company currently has a consensus rating of “Buy” and a consensus price target of $51.00.

CarMax (NYSE:KMX) traded up 15.81% on Friday, hitting $52.44. The stock had a trading volume of 5,080,893 shares. CarMax has a 1-year low of $42.21 and a 1-year high of $53.08. The stock’s 50-day moving average is $44.8 and its 200-day moving average is $46.40. The company has a market cap of $11.579 billion and a price-to-earnings ratio of 20.96.

CarMax (NYSE:KMX) last posted its quarterly earnings results on Friday, June 20th. The company reported $0.76 earnings per share for the quarter, beating the analysts’ consensus estimate of $0.67 by $0.09. The company had revenue of $3.75 billion for the quarter, compared to the consensus estimate of $3.60 billion. During the same quarter last year, the company posted $0.64 earnings per share. CarMax’s revenue was up 13.3% compared to the same quarter last year. Analysts expect that CarMax will post $2.43 EPS for the current fiscal year.

CarMax, Inc (NYSE:KMX) is a holding company and its operations are conducted through its subsidiaries.

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