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Equities researchers at KeyCorp began coverage on shares of CarMax (NYSE:KMX) in a research report issued on Wednesday, TheFlyOnTheWall.com reports. The firm set a “buy” rating on the stock.

KMX has been the subject of a number of other recent research reports. Analysts at Zacks reiterated a “neutral” rating on shares of CarMax in a research note on Tuesday. They now have a $55.00 price target on the stock. Separately, analysts at RBC Capital raised their price target on shares of CarMax from $49.00 to $54.00 in a research note on Monday. They now have a “sector perform” rating on the stock. Finally, analysts at William Blair upgraded shares of CarMax from a “market perform” rating to an “outperform” rating in a research note on Friday, June 20th. Five research analysts have rated the stock with a hold rating and five have given a buy rating to the company’s stock. The company has an average rating of “Buy” and an average target price of $52.50.

CarMax (NYSE:KMX) traded down 0.12% on Wednesday, hitting $50.01. The stock had a trading volume of 2,185,457 shares. CarMax has a 1-year low of $42.54 and a 1-year high of $53.67. The stock has a 50-day moving average of $45.46 and a 200-day moving average of $46.34. The company has a market cap of $11.016 billion and a P/E ratio of 22.00.

CarMax (NYSE:KMX) last issued its quarterly earnings data on Friday, June 20th. The company reported $0.76 EPS for the quarter, beating the Thomson Reuters 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 in the prior year, the company posted $0.64 earnings per share. The company’s quarterly revenue was up 13.3% on a year-over-year basis. On average, analysts predict that CarMax will post $2.54 earnings per share 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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