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Shares of CarMax (NYSE:KMX) have received an average recommendation of “Hold” from the nine brokerages that are covering the company, StockRatingsNetwork.com reports. Five investment analysts have rated the stock with a hold recommendation and four have issued a buy recommendation on the company. The average 1-year price target among analysts that have issued ratings on the stock in the last year is $52.88.

KMX has been the subject of a number of recent research reports. Analysts at Zacks reiterated a “neutral” rating on shares of CarMax in a research note on Wednesday, August 13th. They now have a $52.00 price target on the stock. Separately, analysts at KeyCorp initiated coverage on shares of CarMax in a research note on Wednesday, June 25th. They set a “buy” rating and a $62.00 price target on the stock. Finally, analysts at RBC Capital raised their price target on shares of CarMax from $49.00 to $54.00 in a research note on Monday, June 23rd. They now have a “sector perform” rating on the stock.

Shares of CarMax (NYSE:KMX) opened at 51.57 on Friday. CarMax has a one year low of $42.54 and a one year high of $53.70. The stock has a 50-day moving average of $50.99 and a 200-day moving average of $47.5. The company has a market cap of $11.306 billion and a price-to-earnings ratio of 22.52.

CarMax (NYSE:KMX) last posted its quarterly earnings results on Friday, June 20th. The company reported $0.76 earnings per share (EPS) for the quarter, beating the 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 previous year, the company posted $0.64 earnings per share. The company’s revenue for the quarter 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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