FY2026 EPS Estimates for CarMax Decreased by Seaport Res Ptn

CarMax, Inc. (NYSE:KMX) – Investment analysts at Seaport Res Ptn cut their FY2026 earnings per share estimates for CarMax in a research note issued on Sunday, April 13th. Seaport Res Ptn analyst G. Chin now expects that the company will earn $3.81 per share for the year, down from their prior estimate of $3.82. The consensus estimate for CarMax’s current full-year earnings is $3.23 per share.

KMX has been the subject of a number of other reports. Mizuho lifted their price target on shares of CarMax from $72.00 to $80.00 and gave the company a “neutral” rating in a research report on Friday, December 20th. StockNews.com cut CarMax from a “hold” rating to a “sell” rating in a research report on Friday, April 11th. Wedbush reduced their price objective on CarMax from $100.00 to $90.00 and set an “outperform” rating for the company in a research report on Friday, April 11th. Cfra Research raised CarMax to a “strong-buy” rating in a report on Thursday, April 10th. Finally, Robert W. Baird cut their target price on CarMax from $95.00 to $90.00 and set an “outperform” rating on the stock in a research note on Friday, April 11th. Three analysts have rated the stock with a sell rating, three have given a hold rating, eight have given a buy rating and one has issued a strong buy rating to the stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Hold” and a consensus target price of $87.73.

CarMax Stock Performance

Shares of KMX stock opened at $64.14 on Wednesday. The company’s fifty day moving average price is $77.48 and its 200-day moving average price is $78.92. The stock has a market cap of $9.79 billion, a PE ratio of 21.74, a price-to-earnings-growth ratio of 1.67 and a beta of 1.58. The company has a current ratio of 2.30, a quick ratio of 0.55 and a debt-to-equity ratio of 2.92. CarMax has a 12 month low of $63.23 and a 12 month high of $91.25.

Institutional Trading of CarMax

Large investors have recently modified their holdings of the company. Cromwell Holdings LLC boosted its position in CarMax by 104.8% in the fourth quarter. Cromwell Holdings LLC now owns 424 shares of the company’s stock worth $35,000 after purchasing an additional 217 shares during the last quarter. Ameriflex Group Inc. bought a new position in shares of CarMax in the 4th quarter worth approximately $53,000. Allworth Financial LP boosted its holdings in shares of CarMax by 62.7% in the fourth quarter. Allworth Financial LP now owns 646 shares of the company’s stock worth $51,000 after buying an additional 249 shares during the last quarter. ST Germain D J Co. Inc. bought a new stake in CarMax during the fourth quarter valued at approximately $58,000. Finally, Colonial Trust Co SC increased its holdings in CarMax by 2,310.0% during the fourth quarter. Colonial Trust Co SC now owns 723 shares of the company’s stock valued at $59,000 after buying an additional 693 shares during the last quarter.

Insider Buying and Selling

In other CarMax news, SVP Tyler Tuite sold 4,869 shares of the business’s stock in a transaction on Tuesday, January 28th. The shares were sold at an average price of $84.58, for a total transaction of $411,820.02. Following the completion of the sale, the senior vice president now directly owns 227 shares in the company, valued at approximately $19,199.66. The trade was a 95.55 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. 1.66% of the stock is owned by corporate insiders.

CarMax Company Profile

CarMax, Inc, through its subsidiaries, operates as a retailer of used vehicles and related products in the United States. It operates in two segments: CarMax Sales Operations and CarMax Auto Finance. The CarMax Sales Operations segment offers customers a range of makes and models of used vehicles, including domestic, imported, and luxury vehicles, as well as hybrid and electric vehicles; used vehicle auctions; extended protection plans to customers at the time of sale; and reconditioning and vehicle repair services.