EPS for CarMax, Inc. (KMX) Expected At $1.02

CarMax, Inc. (NYSE:KMX) LogoInvestors sentiment increased to 1.03 in Q2 2018. Its up 0.14, from 0.89 in 2018Q1. It increased, as 31 investors sold CarMax, Inc. shares while 159 reduced holdings. 79 funds opened positions while 117 raised stakes. 165.02 million shares or 1.04% less from 166.76 million shares in 2018Q1 were reported.
6,268 are held by Wilbanks Smith Thomas Asset Management Ltd Liability. Her Majesty The Queen In Right Of The Province Of Alberta As Represented By Alberta Management reported 0.03% of its portfolio in CarMax, Inc. (NYSE:KMX). The New York-based Amalgamated National Bank & Trust has invested 0.05% in CarMax, Inc. (NYSE:KMX). Riverpark Cap Mngmt Ltd Liability Co reported 246,025 shares. Bartlett And Limited Co stated it has 0% in CarMax, Inc. (NYSE:KMX). Wells Fargo Mn holds 0.02% or 925,528 shares. Chilton Lc has invested 1.15% of its portfolio in CarMax, Inc. (NYSE:KMX). Kornitzer Capital Management Ks invested in 30,801 shares. Vanguard Grp Incorporated stated it has 17.88 million shares or 0.05% of all its holdings. Axa stated it has 69,351 shares or 0.02% of all its holdings. The New York-based Boothbay Fund Management Limited Co has invested 0.06% in CarMax, Inc. (NYSE:KMX). Pitcairn holds 0.03% or 4,231 shares in its portfolio. Pecaut, a Iowa-based fund reported 5,000 shares. Quantbot Technologies Lp owns 61,090 shares. Avenir stated it has 712,443 shares or 5.93% of all its holdings.

Since June 26, 2018, it had 0 insider buys, and 16 selling transactions for $57.64 million activity. Shares for $1.53M were sold by Cafritz Diane L. 5,938 CarMax, Inc. (NYSE:KMX) shares with value of $451,763 were sold by Wilson Charles Joseph. FOLLIARD THOMAS J had sold 37,500 shares worth $2.90M on Wednesday, July 18. Shares for $1.40 million were sold by Daniels Jon G. Shares for $281,957 were sold by Lyski James. 25,221 shares valued at $1.92M were sold by MARGOLIN ERIC M on Friday, July 6.

Analysts expect CarMax, Inc. (NYSE:KMX) to report $1.02 EPS on December, 21 before the open.They anticipate $0.21 EPS change or 25.93 % from last quarter’s $0.81 EPS. KMX’s profit would be $178.12M giving it 15.81 P/E if the $1.02 EPS is correct. After having $1.24 EPS previously, CarMax, Inc.’s analysts see -17.74 % EPS growth. The stock increased 0.73% or $0.47 during the last trading session, reaching $64.52. About 2.36 million shares traded or 34.36% up from the average. CarMax, Inc. (NYSE:KMX) has risen 18.04% since December 7, 2017 and is uptrending. It has outperformed by 2.42% the S&P500.

CarMax, Inc. (NYSE:KMX) Ratings Coverage

Among 6 analysts covering CarMax (NYSE:KMX), 4 have Buy rating, 0 Sell and 2 Hold. Therefore 67% are positive. CarMax had 7 analyst reports since June 25, 2018 according to SRatingsIntel. The stock of CarMax, Inc. (NYSE:KMX) has “Buy” rating given on Monday, June 25 by Wedbush. Robert W. Baird maintained CarMax, Inc. (NYSE:KMX) rating on Monday, June 25. Robert W. Baird has “Neutral” rating and $90 target. As per Monday, June 25, the company rating was downgraded by Guggenheim. The stock of CarMax, Inc. (NYSE:KMX) has “Outperform” rating given on Thursday, September 27 by Robert W. Baird. Buckingham Research downgraded the stock to “Hold” rating in Monday, June 25 report. The stock has “Buy” rating by Credit Suisse on Monday, June 25. The rating was upgraded by Morgan Stanley on Tuesday, July 10 to “Overweight”.

CarMax Inc., through its subsidiaries, operates as a retailer of used vehicles in the United States. The company has market cap of $11.27 billion. The firm operates in two divisions, CarMax Sales Operations and CarMax Auto Finance. It has a 16 P/E ratio. It offers clients a range of makes and models of used vehicles, including domestic and imported vehicles; sells vehicles that do not meet its retail standards to licensed dealers through on-site wholesale auctions; and provides extended protection plans to clients at the time of sale.

More recent CarMax, Inc. (NYSE:KMX) news were published by: Seekingalpha.com which released: “Misplaced Concerns About Online Competition, Easing Comps Make CarMax A Good Buy – Seeking Alpha” on November 27, 2018. Also Fool.com published the news titled: “What’s Sending Carvana Shares 10% Lower Tuesday? – The Motley Fool” on December 04, 2018. Businesswire.com‘s news article titled: “CarMax Brings the Future of Car Buying to Atlanta – Business Wire” with publication date: December 04, 2018 was also an interesting one.

CarMax, Inc. (NYSE:KMX) Institutional Positions Chart

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