CarMax Inc (NYSE:KMX) will be issuing its quarterly earnings data before the market opens on Friday, September 22nd. Analysts expect the company to announce earnings of $0.94 per share for the quarter.

CarMax (NYSE:KMX) last issued its quarterly earnings results on Wednesday, June 21st. The company reported $1.13 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.98 by $0.15. CarMax had a return on equity of 21.72% and a net margin of 4.07%. The business had revenue of $4.54 billion for the quarter, compared to analyst estimates of $4.46 billion. During the same quarter in the prior year, the firm posted $0.90 earnings per share. The firm’s revenue for the quarter was up 10.1% compared to the same quarter last year. On average, analysts expect CarMax to post $3.720 EPS for the current fiscal year and $3.980 EPS for the next fiscal year.

CarMax Inc (KMX) opened at 69.44 on Friday. The firm has a market cap of $12.73 billion, a price-to-earnings ratio of 19.94 and a beta of 1.32. The stock’s 50 day moving average price is $65.95 and its 200 day moving average price is $62.67. CarMax Inc has a 52 week low of $47.50 and a 52 week high of $69.77.

In other CarMax news, CFO Thomas W. Reedy, Jr. sold 8,583 shares of the company’s stock in a transaction dated Thursday, July 27th. The shares were sold at an average price of $66.87, for a total value of $573,945.21. Following the transaction, the chief financial officer now directly owns 70,522 shares in the company, valued at approximately $4,715,806.14. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, Director Thomas J. Folliard sold 50,000 shares of the company’s stock in a transaction dated Friday, June 23rd. The stock was sold at an average price of $61.41, for a total transaction of $3,070,500.00. Following the completion of the transaction, the director now owns 509,166 shares in the company, valued at $31,267,884.06. The disclosure for this sale can be found here. Insiders sold a total of 188,515 shares of company stock worth $12,085,019 over the last 90 days. Insiders own 1.70% of the company’s stock.

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Several analysts have recently issued reports on the stock. Deutsche Bank AG decreased their target price on shares of CarMax from $73.00 to $72.00 and set a “buy” rating on the stock in a research report on Tuesday, July 4th. Zacks Investment Research upgraded shares of CarMax from a “hold” rating to a “strong-buy” rating and set a $74.00 target price on the stock in a research report on Wednesday, August 16th. UBS AG cut shares of CarMax from a “positive” rating to a “neutral” rating in a research report on Thursday, June 22nd. Goldman Sachs Group, Inc. (The) restated a “buy” rating and set a $74.00 target price (up from $72.00) on shares of CarMax in a research report on Thursday, June 22nd. Finally, Oppenheimer Holdings, Inc. restated a “buy” rating on shares of CarMax in a research report on Thursday, May 18th. One research analyst has rated the stock with a sell rating, four have assigned a hold rating, nine have issued a buy rating and one has assigned a strong buy rating to the stock. CarMax presently has a consensus rating of “Buy” and an average price target of $70.82.

CarMax Company Profile

CarMax, Inc (CarMax) is a holding company. The Company is a retailer of used vehicles. The Company operates through two segments: CarMax Sales Operations and CarMax Auto Finance (CAF). The Company’s CarMax Sales Operations segment consists of all aspects of its auto merchandising and service operations, excluding financing provided by CAF.

Earnings History for CarMax (NYSE:KMX)

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