NYSE:KMX

CarMax Stock Forecast, Price & News

$120.29

-2.50 (-2.04 %)

(As of 01/21/2021 12:00 AM ET)

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Today's Range

$119.86

Now: $120.29▼

$123.70

50-Day Range

$91.00

MA: $98.50▼

$122.79

52-Week Range

$37.59

Now: $120.29▼

$124.91

Volume1.96 million shs

Average Volume1.75 million shs

Market Capitalization$19.55 billion

P/E Ratio26.50

Dividend YieldN/A

Beta1.76

CarMax, Inc., through its subsidiaries, operates as a retailer of used vehicles in the United States. The company operates in two segments, CarMax Sales Operations and CarMax Auto Finance. It offers customers a range of makes and models of used vehicles, including domestic, imported, and luxury vehicles; vehicles that do not meet its retail standards to licensed dealers through on-site wholesale auctions; and extended protection plans to customers at the time of sale. The company also provides reconditioning and vehicle repair services; and financing alternatives for retail customers across a range of credit spectrum through its CarMax Auto Finance and arrangements with various financial institutions. As of February 29, 2020, it operated approximately 216 stores and 2 new car franchises. CarMax, Inc. was founded in 1993 and is based in Richmond, Virginia.

MarketRank^™

Overall MarketRank^™

1.83 out of 5 stars

Retail/Wholesale Sector

36th out of 383 stocks

Automotive Dealers & Gasoline Service Stations Industry

5th out of 27 stocks

2.4 Analyst's Opinion

Consensus Rating
CarMax has received a consensus rating of Buy. The company's average rating score is 2.76, and is based on 13 buy ratings, 1 hold rating, and 2 sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $108.63, CarMax has a forecasted downside of 9.7% from its current price of $120.29.
Amount of Analyst Coverage
CarMax has been the subject of 5 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

2.6 Community Rank

Outperform Votes
CarMax has received 638 “outperform” votes. (Add your “outperform” vote.)
Underperform Votes
CarMax has received 604 “underperform” votes. (Add your “underperform” vote.)
Community Sentiment
CarMax has received 51.37% “outperform” votes from our community.

MarketBeat's community ratings are surveys of what our community members think about CarMax and other stocks. Vote “Outperform” if you believe KMX will outperform the S&P 500 over the long term. Vote “Underperform” if you believe KMX will underperform the S&P 500 over the long term. You may vote once every thirty days.

0.0 Dividend Strength

Dividend Yield
CarMax does not currently pay a dividend.
Dividend Growth
CarMax does not have a long track record of dividend growth.

1.7 Company Ownership

Insider Buying vs. Insider Selling
In the past three months, CarMax insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $21,382,500.00 in company stock.
Percentage Held by Insiders
Only 2.09% of the stock of CarMax is held by insiders.
Percentage Held by Institutions
97.59% of the stock of CarMax is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

2.5 Earnings and Valuation

Earnings Growth
Earnings for CarMax are expected to grow by 32.16% in the coming year, from $4.26 to $5.63 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of CarMax is 26.50, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 23.61.
Price to Earnings Ratio vs. Sector
The P/E ratio of CarMax is 26.50, which means that it is trading at a less expensive P/E ratio than the Retail/Wholesale sector average P/E ratio of about 33.97.
Price to Earnings Growth Ratio
CarMax has a PEG Ratio of 2.16. PEG Ratios above 1 indicate that a company could be overvalued.
Price to Book Value per Share Ratio
CarMax has a P/B Ratio of 4.74. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

Industry, Sector and Symbol

Stock Exchange NYSE

Industry Automotive dealers & gasoline service stations

Sub-IndustryAutomotive Retail

SectorRetail/Wholesale

Current SymbolNYSE:KMX

Previous Symbol

CUSIP14313010

CIK1170010

Webwww.carmax.com

Phone804-747-0422

Employees27,050

Debt

Debt-to-Equity Ratio3.51

Current Ratio2.60

Quick Ratio0.67

Price-To-Earnings

Trailing P/E Ratio26.50

Forward P/E Ratio28.24

P/E Growth2.16

Sales & Book Value

Annual Sales$20.32 billion

Price / Sales0.96

Cash Flow$7.71 per share

Price / Cash Flow15.61

Book Value$25.40 per share

Price / Book4.74

Profitability

EPS (Most Recent Fiscal Year)$5.33

Net Income$888.43 million

Net Margins4.01%

Return on Equity20.30%

Return on Assets3.77%

Miscellaneous

Outstanding Shares162,541,000

Market Cap$19.55 billion

Next Earnings Date4/1/2021 (Estimated)

OptionableOptionable

$120.29

-2.50 (-2.04 %)

(As of 01/21/2021 12:00 AM ET)

30 days | 90 days | 365 days | Advanced Chart

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CarMax (NYSE:KMX) Frequently Asked Questions

How has CarMax's stock price been impacted by Coronavirus?

CarMax's stock was trading at $76.21 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization. Since then, KMX stock has increased by 57.8% and is now trading at $120.29.
View which stocks have been most impacted by COVID-19.

Is CarMax a buy right now?

17 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for CarMax in the last year. There are currently 2 sell ratings, 1 hold rating, 13 buy ratings and 1 strong buy rating for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" CarMax stock.
View analyst ratings for CarMax or view MarketBeat's top 5 stock picks.

What stocks does MarketBeat like better than CarMax?

Wall Street analysts have given CarMax a "Buy" rating, but there may be better short-term opportunities in the market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new trading ideas, but CarMax wasn't one of them. MarketBeat thinks these five stocks may be even better buys.
View MarketBeat's top stock picks here.

What is Larry J. Merlo's approval rating as CarMax's CEO?

6,978 employees have rated CarMax CEO Larry J. Merlo on Glassdoor.com. Larry J. Merlo has an approval rating of 37% among CarMax's employees. This puts Larry J. Merlo in the bottom 10% of approval ratings compared to other CEOs of publicly-traded companies.

When is CarMax's next earnings date?

CarMax is scheduled to release its next quarterly earnings announcement on Thursday, April 1st 2021.
View our earnings forecast for CarMax.

How were CarMax's earnings last quarter?

CarMax, Inc. (NYSE:KMX) released its earnings results on Monday, December, 21st. The company reported $1.42 EPS for the quarter, beating the consensus estimate of $1.14 by $0.28. The company had revenue of $4.21 billion for the quarter, compared to analysts' expectations of $4.98 billion. CarMax had a net margin of 4.01% and a return on equity of 20.30%. The company's revenue for the quarter was down 12.1% on a year-over-year basis. During the same period in the previous year, the firm earned $1.04 earnings per share.
View CarMax's earnings history.

What price target have analysts set for KMX?

17 equities research analysts have issued 12-month price objectives for CarMax's shares. Their forecasts range from $73.00 to $165.00. On average, they anticipate CarMax's stock price to reach $108.63 in the next twelve months. This suggests that the stock has a possible downside of 9.7%.
View analysts' price targets for CarMax or view Wall Street analyst' top-rated stocks.

Who are some of CarMax's key competitors?

Some companies that are related to CarMax include O'Reilly Automotive (ORLY), AutoZone (AZO), Advance Auto Parts (AAP), Lithia Motors (LAD), AutoNation (AN), Penske Automotive Group (PAG), Asbury Automotive Group (ABG), Group 1 Automotive (GPI), Sonic Automotive (SAH), Monro (MNRO), Prospect Capital (PBY) and America's Car-Mart (CRMT).
View all of KMX's competitors.

What other stocks do shareholders of CarMax own?

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

Who are CarMax's key executives?

CarMax's management team includes the following people:

Mr. William D. Nash, Pres, CEO & Director (Age 51, Pay $3.44M)
Mr. Enrique N. Mayor-Mora, Sr. VP & CFO (Age 51, Pay $749.7k)
Mr. Edwin J. Hill, Exec. VP & COO (Age 60, Pay $1.58M)
Mr. Eric M. Margolin, Exec. VP, Gen. Counsel & Corp. Sec. (Age 66, Pay $1.33M)
Mr. James R. Lyski, Exec. VP & Chief Marketing Officer (Age 57, Pay $1.14M)
Mr. Thomas W. Reedy, Exec. VP of Fin. (Age 56, Pay $1.64M)
Ms. Jill A. Livesay, VP, Chief Accounting Officer & Controller (Age 51)
Mr. Shamim Mohammad, Sr. VP and Chief Information & Technology Officer (Age 51)
Stacy Frole, VP of Investor Relations
Ms. Trina Hoppin Lee, Assistant VP of Public Affairs & Communications

What is CarMax's stock symbol?

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

Who are CarMax's major shareholders?

CarMax's stock is owned by many different retail and institutional investors. Top institutional shareholders include Welch & Forbes LLC (0.64%), Nexus Investment Management ULC (0.21%), OLD National Bancorp IN (0.12%), Founders Capital Management LLC (0.09%), Harvey Investment Co. LLC (0.03%) and Graybill Bartz & Assoc Ltd. (0.03%). Company insiders that own CarMax stock include Charles Joseph Wilson, Darren C Newberry, Diane L Cafritz, Edwin J Hill, Enrique N Mayor-Mora, Eric M Margolin, Jill A Livesay, Jon G Daniels, Mohammad Shamim, Peter J Bensen, Ronald E Blaylock, Shira Goodman, Thomas J Folliard, Thomas W Reedy Jr and William D Nash.
View institutional ownership trends for CarMax.

Which major investors are selling CarMax stock?

KMX stock was sold by a variety of institutional investors in the last quarter, including Exchange Traded Concepts LLC, Crossmark Global Holdings Inc., Founders Capital Management LLC, Nexus Investment Management ULC, TrimTabs Asset Management LLC, State of Alaska Department of Revenue, NuWave Investment Management LLC, and Patten & Patten Inc. TN. Company insiders that have sold CarMax company stock in the last year include Charles Joseph Wilson, Diane L Cafritz, Edwin J Hill, Enrique N Mayor-Mora, Eric M Margolin, Jill A Livesay, Jon G Daniels, Ronald E Blaylock, Thomas J Folliard, Thomas W Reedy Jr, and William D Nash.
View insider buying and selling activity for CarMax or view top insider-selling stocks.

Which major investors are buying CarMax stock?

KMX stock was bought by a variety of institutional investors in the last quarter, including Salvus Wealth Management LLC, Kestra Advisory Services LLC, New England Research & Management Inc., Bennett Selby Investments LP, OLD National Bancorp IN, Welch & Forbes LLC, Xcel Wealth Management LLC, and Vision Capital Management Inc..
View insider buying and selling activity for CarMax or or view top insider-buying stocks.

How do I buy shares of CarMax?

Shares of KMX 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.

What is CarMax's stock price today?

One share of KMX stock can currently be purchased for approximately $120.29.

How big of a company is CarMax?

CarMax has a market capitalization of $19.55 billion and generates $20.32 billion in revenue each year. The company earns $888.43 million in net income (profit) each year or $5.33 on an earnings per share basis. CarMax employs 27,050 workers across the globe.

What is CarMax's official website?

The official website for CarMax is www.carmax.com.

How can I contact CarMax?

CarMax's mailing address is 12800 TUCKAHOE CREEK PARKWAY, RICHMOND VA, 23238. The company can be reached via phone at 804-747-0422 or via email at [email protected]

This page was last updated on 1/22/2021 by MarketBeat.com Staff

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