CarMax (NYSE:KMX) has been given a $68.00 target price by analysts at Susquehanna Bancshares in a report issued on Tuesday. The brokerage currently has a “hold” rating on the stock. Susquehanna Bancshares’ target price indicates a potential upside of 3.74% from the company’s previous close.

KMX has been the subject of a number of other research reports. Citigroup boosted their target price on shares of CarMax to $84.00 and gave the stock a “buy” rating in a research report on Monday, September 25th. Zacks Investment Research lowered shares of CarMax from a “buy” rating to a “hold” rating in a research report on Tuesday, October 31st. Goldman Sachs Group lowered shares of CarMax from a “buy” rating to a “neutral” rating and boosted their target price for the stock from $74.00 to $79.00 in a research report on Monday, September 25th. Wedbush reissued an “outperform” rating and set a $81.00 target price (up previously from $77.00) on shares of CarMax in a research report on Monday, September 25th. Finally, CIBC reissued a “market perform” rating on shares of CarMax in a research report on Thursday, October 5th. One equities research analyst has rated the stock with a sell rating, eleven have issued a hold rating and seven have assigned a buy rating to the company’s stock. CarMax presently has a consensus rating of “Hold” and a consensus target price of $77.07.

CarMax (NYSE:KMX) opened at $65.55 on Tuesday. The firm has a market cap of $11,838.55, a price-to-earnings ratio of 17.57, a price-to-earnings-growth ratio of 1.09 and a beta of 1.48. The company has a current ratio of 2.70, a quick ratio of 0.51 and a debt-to-equity ratio of 3.83. CarMax has a 52-week low of $54.29 and a 52-week high of $77.64.

CarMax (NYSE:KMX) last released its earnings results on Thursday, December 21st. The company reported $0.81 earnings per share for the quarter, missing the Zacks’ consensus estimate of $0.82 by ($0.01). The firm had revenue of $4.11 billion for the quarter, compared to analyst estimates of $3.97 billion. CarMax had a return on equity of 21.77% and a net margin of 4.07%. The firm’s revenue was up 11.0% on a year-over-year basis. During the same period in the prior year, the firm earned $0.72 EPS. equities analysts expect that CarMax will post 3.85 earnings per share for the current year.

In other news, Director Edgar H. Grubb sold 11,388 shares of the business’s stock in a transaction dated Thursday, October 5th. The shares were sold at an average price of $76.36, for a total transaction of $869,587.68. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. Also, SVP Mohammad Shamim sold 1,300 shares of the business’s stock in a transaction dated Wednesday, October 4th. The stock was sold at an average price of $76.10, for a total transaction of $98,930.00. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 126,141 shares of company stock worth $9,399,449. Insiders own 1.90% of the company’s stock.

Hedge funds and other institutional investors have recently bought and sold shares of the stock. Tredje AP fonden bought a new stake in CarMax in the third quarter valued at about $144,000. Seven Eight Capital LP bought a new stake in CarMax in the second quarter valued at about $133,000. YorkBridge Wealth Partners LLC increased its stake in CarMax by 1.3% in the second quarter. YorkBridge Wealth Partners LLC now owns 2,331 shares of the company’s stock valued at $149,000 after acquiring an additional 29 shares during the period. QS Investors LLC increased its stake in CarMax by 1.0% in the second quarter. QS Investors LLC now owns 2,333 shares of the company’s stock valued at $147,000 after acquiring an additional 22 shares during the period. Finally, Commerce Bank bought a new stake in CarMax in the third quarter valued at about $203,000.

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CarMax Company Profile

CarMax, Inc (CarMax) is a holding company. The Company is a retailer of used vehicles. The Company operates through two segments: CarMax Sales Operations and CarMax Auto Finance (CAF). The Company’s CarMax Sales Operations segment consists of all aspects of its auto merchandising and service operations, excluding financing provided by CAF.

Analyst Recommendations for CarMax (NYSE:KMX)

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