CarMax (KMX) Stock Forecast, Price & News

12 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for CarMax in the last year. There are currently 2 sell ratings, 5 hold ratings and 5 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "hold" KMX shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in KMX, but not buy additional shares or sell existing shares.
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12 Wall Street analysts have issued 12 month target prices for CarMax's stock. Their KMX share price forecasts range from $44.00 to $105.00. On average, they expect the company's share price to reach $76.80 in the next year. This suggests a possible upside of 8.6% from the stock's current price.
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CarMax's stock was trading at $60.89 at the beginning of the year. Since then, KMX stock has increased by 16.2% and is now trading at $70.73.
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The company is scheduled to release its next quarterly earnings announcement on Thursday, December 28th 2023.
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CarMax, Inc. (NYSE:KMX) posted its quarterly earnings data on Thursday, September, 28th. The company reported $0.75 EPS for the quarter, meeting the consensus estimate of $0.75. The firm had revenue of $7.07 billion for the quarter, compared to analysts' expectations of $7.02 billion. CarMax had a trailing twelve-month return on equity of 7.14% and a net margin of 1.68%. The company's revenue for the quarter was down 13.1% compared to the same quarter last year. During the same period in the previous year, the business earned $0.79 earnings per share.
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ETFs with the largest weight of CarMax (NYSE:KMX) stock in their portfolio include Kovitz Core Equity ETF (EQTY), Invesco S&P 500 Pure Value ETF (RPV), FPA Global Equity ETF (FPAG), Invesco S&P 500 Equal Weight Consumer Discretionary ETF (RSPD), Invesco S&P 500 Equal Weight Consumer Discretionary ETF (RCD), SPDR S&P Retail ETF (XRT), Schwab Ariel ESG ETF (SAEF) and Global X Millennial Consumer ETF (MILN).

1,023 employees have rated CarMax Chief Executive Officer Bill Nash on Glassdoor.com. Bill Nash has an approval rating of 72% among the company's employees.

Based on aggregate information from My MarketBeat watchlists, some companies that other CarMax investors own include NVIDIA (NVDA), Intel (INTC), Walt Disney (DIS), Advanced Micro Devices (AMD), Tesla (TSLA), QUALCOMM (QCOM), Netflix (NFLX), Cisco Systems (CSCO), Micron Technology (MU) and Home Depot (HD).

CarMax trades on the New York Stock Exchange (NYSE) under the ticker symbol "KMX."

Shares of KMX stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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One share of KMX stock can currently be purchased for approximately $70.73.

CarMax (NYSE:KMX) has a market capitalization of $11.19 billion and generates $29.68 billion in revenue each year. The company earns $484.76 million in net income (profit) each year or $2.87 on an earnings per share basis.

The company employs 30,621 workers across the globe.

CarMax's mailing address is 12800 TUCKAHOE CREEK PARKWAY, RICHMOND VA, 23238. The official website for the company is www.carmax.com. The company can be reached via phone at (804) 747-0422, via email at investor_relations@carmax.com, or via fax at 804-217-6819.