EPS for CarMax, Inc. (KMX) Expected At $1.21

September 14, 2018 - By Jason Dias

CarMax, Inc. (NYSE:KMX) LogoInvestors sentiment increased to 1.03 in 2018 Q2. 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.
Cleararc Capital holds 0.05% or 4,533 shares in its portfolio. Arcadia Inv Mngmt Mi holds 0.79% of its portfolio in CarMax, Inc. (NYSE:KMX) for 38,842 shares. Vanguard Gru Incorporated holds 17.88 million shares. Mason Street Advsr Limited Liability owns 24,984 shares. Ameritas Invest reported 3,443 shares. Cwm Limited Co owns 0% invested in CarMax, Inc. (NYSE:KMX) for 394 shares. Taylor Frigon Capital Mngmt Ltd Liability Co invested 1.31% in CarMax, Inc. (NYSE:KMX). Highbridge Capital Mngmt Ltd Liability Com reported 101,689 shares. Douglass Winthrop Advisors reported 407,629 shares or 1.33% of all its holdings. Marble Harbor Counsel Limited Company stated it has 4,315 shares. Savings Bank Of Montreal Can invested in 0.01% or 140,845 shares. Nuwave Inv Lc invested in 56 shares or 0.01% of the stock. 3,125 are owned by Wms Ltd Company. Pecaut And Com, Iowa-based fund reported 5,000 shares. 73 are owned by Farmers & Merchants Invests Inc.

Since April 6, 2018, it had 1 buying transaction, and 18 selling transactions for $61.34 million activity. $7.32M worth of CarMax, Inc. (NYSE:KMX) was sold by Reedy Thomas W JR. Shares for $451,763 were sold by Wilson Charles Joseph. 50,583 shares valued at $3.07 million were sold by FOLLIARD THOMAS J on Wednesday, April 11. Another trade for 3,738 shares valued at $281,957 was sold by Lyski James. On Wednesday, June 27 Wood William C Jr. sold $3.85M worth of CarMax, Inc. (NYSE:KMX) or 50,904 shares. The insider GOODMAN SHIRA sold 3,621 shares worth $217,767.

Analysts expect CarMax, Inc. (NYSE:KMX) to report $1.21 EPS on September, 28.They anticipate $0.23 EPS change or 23.47 % from last quarter’s $0.98 EPS. KMX’s profit would be $213.66M giving it 16.57 P/E if the $1.21 EPS is correct. After having $1.33 EPS previously, CarMax, Inc.’s analysts see -9.02 % EPS growth. The stock increased 0.06% or $0.04 during the last trading session, reaching $80.22. About 275,237 shares traded. CarMax, Inc. (NYSE:KMX) has risen 18.04% since September 14, 2017 and is uptrending. It has outperformed by 2.42% the S&P500.

CarMax, Inc. (NYSE:KMX) Ratings Coverage

Among 8 analysts covering CarMax (NYSE:KMX), 4 have Buy rating, 0 Sell and 4 Hold. Therefore 50% are positive. CarMax had 12 analyst reports since April 5, 2018 according to SRatingsIntel. The firm has “Buy” rating by Credit Suisse given on Monday, June 25. RBC Capital Markets maintained CarMax, Inc. (NYSE:KMX) on Wednesday, April 4 with “Buy” rating. The firm earned “Outperform” rating on Friday, April 6 by Credit Suisse. The firm earned “Neutral” rating on Monday, June 25 by Robert W. Baird. The company was upgraded on Tuesday, July 10 by Morgan Stanley. The firm has “Hold” rating given on Thursday, April 5 by Deutsche Bank. The stock of CarMax, Inc. (NYSE:KMX) earned “Buy” rating by Buckingham Research on Thursday, April 5. As per Monday, June 25, the company rating was downgraded by Guggenheim. The firm has “Buy” rating by Wedbush given on Monday, June 25. The company was maintained on Tuesday, May 29 by Wedbush.

CarMax Inc., through its subsidiaries, operates as a retailer of used vehicles in the United States. The company has market cap of $14.17 billion. The firm operates in two divisions, CarMax Sales Operations and CarMax Auto Finance. It has a 21.18 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: “Tracking Ruane, Cunniff & Goldfarb’s Portfolio – Q2 2018 Update” on September 06, 2018. Also Seekingalpha.com published the news titled: “Buy United Parcel Service – Cramer’s Lightning Round (9/6/18)” on September 07, 2018. Seekingalpha.com‘s news article titled: “Morgan Stanley sees CarMax as best in class” with publication date: August 29, 2018 was also an interesting one.

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

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