CarMax, Inc (KMX) Director Thomas J. Folliard Sells 8,000 Shares
CarMax, Inc (NYSE:KMX) Director Thomas J. Folliard sold 8,000 shares of the business’s stock in a transaction dated Tuesday, January 2nd. The stock was sold at an average price of $64.04, for a total value of $512,320.00. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink.
Shares of CarMax, Inc (NYSE KMX) traded up $2.18 during midday trading on Wednesday, reaching $66.94. The company’s stock had a trading volume of 4,195,854 shares, compared to its average volume of 3,455,500. The company has a debt-to-equity ratio of 3.83, a quick ratio of 0.51 and a current ratio of 2.70. CarMax, Inc has a one year low of $54.29 and a one year high of $77.64. The stock has a market capitalization of $12,210.00, a PE ratio of 17.95, a P/E/G ratio of 1.07 and a beta of 1.48.
CarMax (NYSE:KMX) last issued its quarterly earnings data on Thursday, December 21st. The company reported $0.81 earnings per share for the quarter, missing the Zacks’ consensus estimate of $0.82 by ($0.01). CarMax had a net margin of 4.07% and a return on equity of 21.77%. The firm had revenue of $4.11 billion during the quarter, compared to analysts’ expectations of $3.97 billion. During the same quarter in the prior year, the firm posted $0.72 EPS. CarMax’s quarterly revenue was up 11.0% compared to the same quarter last year. equities analysts predict that CarMax, Inc will post 3.86 EPS for the current year.
KMX has been the subject of a number of research analyst reports. UBS Group downgraded CarMax from an “outperform” rating to a “market perform” rating in a report on Thursday, October 5th. Oppenheimer downgraded CarMax from an “outperform” rating to a “market perform” rating and set a $80.00 price target for the company. in a report on Thursday, October 5th. CIBC reaffirmed a “market perform” rating on shares of CarMax in a report on Thursday, October 5th. Berenberg Bank initiated coverage on CarMax in a report on Wednesday, October 4th. They issued a “hold” rating and a $83.00 price target for the company. Finally, Credit Suisse Group upped their price target on CarMax from $75.00 to $83.00 and gave the company an “outperform” rating in a report on Friday, September 29th. One analyst has rated the stock with a sell rating, eleven have assigned a hold rating and seven have assigned a buy rating to the company. The stock has a consensus rating of “Hold” and a consensus target price of $77.07.
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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.
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