NYSE:KMX

CarMax Stock Forecast, Price & News

$92.04

-1.70 (-1.81 %)

(As of 10/19/2020 05:14 PM ET)

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Today's Range

$91.93

Now: $92.04▼

$95.76

50-Day Range

$91.58

MA: $100.18▼

$108.60

52-Week Range

$37.59

Now: $92.04▼

$109.31

Volume1.06 million shs

Average Volume1.71 million shs

Market Capitalization$15.10 billion

P/E Ratio22.13

Dividend YieldN/A

Beta1.77

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.

Beat the Market (BTM) Rank^™

3.4 Analyst's Opinion

Consensus Rating
CarMax has received a consensus rating of Buy. The company's average rating score is 2.78, and is based on 14 buy ratings, 1 hold rating, and 2 sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $103.44, CarMax has a forecasted upside of 12.4% from its current price of $92.04.
Amount of Analyst Coverage
CarMax has been the subject of 8 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

2.6 Community Rank

Outperform Votes
CarMax has received 634 “outperform” votes. (Add your “outperform” vote.)
Underperform Votes
CarMax has received 599 “underperform” votes. (Add your “underperform” vote.)
Community Sentiment
CarMax has received 51.42% “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.

0.0 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 $30,201,133.00 in company stock.
Percentage Held by Insiders
Only 2.09% of the stock of CarMax is held by insiders.

2.5 Earnings and Valuation

Earnings Growth
Earnings for CarMax are expected to grow by 41.85% in the coming year, from $3.99 to $5.66 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of CarMax is 22.13, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 19.30.
Price to Earnings Ratio vs. Sector
The P/E ratio of CarMax is 22.13, which means that it is trading at a less expensive P/E ratio than the Retail/Wholesale sector average P/E ratio of about 32.00.
Price to Earnings Growth Ratio
CarMax has a PEG Ratio of 1.82. 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 3.79. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

Overall Beat the Market Rank^™

1.70 out of 5 stars

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 Ratio3.72

Current Ratio2.71

Quick Ratio0.94

Price-To-Earnings

Trailing P/E Ratio22.13

Forward P/E Ratio23.07

P/E Growth1.82

Sales & Book Value

Annual Sales$20.32 billion

Price / Sales0.74

Cash Flow$6.72 per share

Price / Cash Flow13.69

Book Value$24.27 per share

Price / Book3.79

Profitability

EPS (Most Recent Fiscal Year)$5.33

Net Income$888.43 million

Net Margins3.76%

Return on Equity19.23%

Return on Assets3.49%

Miscellaneous

Outstanding Shares164,087,000

Market Cap$15.10 billion

Next Earnings Date12/18/2020 (Estimated)

OptionableOptionable

$92.04

-1.70 (-1.81 %)

(As of 10/19/2020 05:14 PM ET)

30 days | 90 days | 365 days | Advanced Chart

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CarMax (NYSE:KMX) Frequently Asked Questions

How has CarMax's stock been impacted by COVID-19?

CarMax's stock was trading at $76.21 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization. Since then, KMX stock has increased by 20.8% and is now trading at $92.04.
View which stocks have been most impacted by COVID-19.

Do Wall Street analysts recommend investors buy shares of CarMax?

18 Wall Street analysts have issued "buy," "hold," and "sell" ratings for CarMax in the last year. There are currently 2 sell ratings, 1 hold rating, 14 buy ratings and 1 strong buy rating for the stock, resulting in a consensus recommendation of "Buy."
View analyst ratings for CarMax.

When is CarMax's next earnings date?

CarMax is scheduled to release its next quarterly earnings announcement on Friday, December 18th 2020.
View our earnings forecast for CarMax.

How were CarMax's earnings last quarter?

CarMax, Inc. (NYSE:KMX) announced its quarterly earnings results on Thursday, September, 24th. The company reported $1.79 earnings per share for the quarter, beating the consensus estimate of $0.95 by $0.84. The company had revenue of $5.37 billion for the quarter, compared to the consensus estimate of $5.08 billion. CarMax had a return on equity of 19.23% and a net margin of 3.76%. The firm's revenue for the quarter was up 3.3% compared to the same quarter last year. During the same quarter in the previous year, the company earned $1.40 earnings per share.
View CarMax's earnings history.

What price target have analysts set for KMX?

18 analysts have issued 12 month target prices for CarMax's stock. Their forecasts range from $73.00 to $130.00. On average, they expect CarMax's stock price to reach $103.44 in the next twelve months. This suggests a possible upside of 12.4% from the stock's current price.
View analysts' price targets for CarMax.

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), Group 1 Automotive (GPI), Asbury Automotive Group (ABG), Sonic Automotive (SAH), Monro (MNRO), PROSPECT CAPITAL 6.25 NTS (PBY) and America's Car-Mart (CRMT).
View all 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 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)

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 investors include DAVENPORT & Co LLC (0.74%), Fenimore Asset Management Inc. (0.60%), Envestnet Asset Management Inc. (0.18%), Founders Capital Management LLC (0.09%), Rheos Capital Works Inc. (0.05%) and Assenagon Asset Management S.A. (0.04%). 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 Fenimore Asset Management Inc., Founders Capital Management LLC, Pacer Advisors Inc., Crossmark Global Holdings Inc., State of Alaska Department of Revenue, Gilman Hill Asset Management LLC, Patten & Patten Inc. TN, and Archford Capital Strategies LLC. 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, and Thomas W Reedy Jr.
View insider buying and selling activity for CarMax.

Which major investors are buying CarMax stock?

KMX stock was bought by a variety of institutional investors in the last quarter, including Rheos Capital Works Inc., Assenagon Asset Management S.A., McKinley Carter Wealth Services Inc., Envestnet Asset Management Inc., DAVENPORT & Co LLC, Campbell & CO Investment Adviser LLC, Redpoint Investment Management Pty Ltd, and Trust Co. of Oklahoma.
View insider buying and selling activity for CarMax.

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 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 $92.04.

How big of a company is CarMax?

CarMax has a market capitalization of $15.10 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 10/19/2020 by MarketBeat.com Staff

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