Equities Analysts Issue Forecasts for CarMax, Inc.’s Q1 2025 Earnings (NYSE:KMX)

CarMax, Inc. (NYSE:KMX) – Research analysts at Seaport Res Ptn decreased their Q1 2025 earnings per share estimates for shares of CarMax in a note issued to investors on Friday, April 19th. Seaport Res Ptn analyst G. Chin now forecasts that the company will post earnings per share of $1.08 for the quarter, down from their prior estimate of $1.22. The consensus estimate for CarMax’s current full-year earnings is $3.30 per share. Seaport Res Ptn also issued estimates for CarMax’s Q2 2025 earnings at $0.87 EPS, Q4 2025 earnings at $0.66 EPS, FY2025 earnings at $3.20 EPS and FY2026 earnings at $3.85 EPS.

Other equities analysts have also recently issued reports about the company. Evercore ISI decreased their price objective on CarMax from $85.00 to $74.00 and set an “in-line” rating on the stock in a report on Friday, April 12th. JPMorgan Chase & Co. decreased their price objective on CarMax from $60.00 to $55.00 and set an “underweight” rating on the stock in a report on Monday, April 15th. Oppenheimer reissued an “outperform” rating and set a $105.00 price objective on shares of CarMax in a report on Tuesday, April 9th. StockNews.com raised CarMax to a “sell” rating in a report on Monday. Finally, Royal Bank of Canada reissued an “outperform” rating and set a $83.00 price objective on shares of CarMax in a report on Monday, April 8th. Three research analysts have rated the stock with a sell rating, five have assigned a hold rating and five have given a buy rating to the company’s stock. Based on data from MarketBeat, the stock currently has an average rating of “Hold” and a consensus price target of $77.42.

CarMax Stock Performance

Shares of KMX opened at $69.71 on Monday. The company has a market cap of $10.97 billion, a PE ratio of 23.01, a price-to-earnings-growth ratio of 1.13 and a beta of 1.61. The company has a current ratio of 2.26, a quick ratio of 0.67 and a debt-to-equity ratio of 2.96. The stock has a 50-day moving average price of $78.18 and a 200-day moving average price of $72.12. CarMax has a 12-month low of $59.66 and a 12-month high of $88.22.

CarMax (NYSE:KMX) last issued its quarterly earnings results on Thursday, April 11th. The company reported $0.32 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.45 by ($0.13). The business had revenue of $5.63 billion for the quarter, compared to the consensus estimate of $5.76 billion. CarMax had a net margin of 1.81% and a return on equity of 7.26%. The business’s revenue was down 1.7% compared to the same quarter last year. During the same quarter last year, the business posted $0.44 EPS.

Insiders Place Their Bets

In other news, EVP Diane L. Cafritz sold 22,000 shares of CarMax stock in a transaction that occurred on Friday, January 26th. The stock was sold at an average price of $70.08, for a total value of $1,541,760.00. Following the sale, the executive vice president now directly owns 5,073 shares in the company, valued at approximately $355,515.84. The sale was disclosed in a filing with the SEC, which is available through this link. In other news, EVP Diane L. Cafritz sold 22,000 shares of CarMax stock in a transaction that occurred on Friday, January 26th. The stock was sold at an average price of $70.08, for a total value of $1,541,760.00. Following the sale, the executive vice president now directly owns 5,073 shares in the company, valued at approximately $355,515.84. The sale was disclosed in a filing with the SEC, which is available through this link. Also, VP Jill A. Livesay sold 14,199 shares of CarMax stock in a transaction that occurred on Monday, January 29th. The stock was sold at an average price of $70.89, for a total value of $1,006,567.11. Following the completion of the sale, the vice president now owns 9,068 shares in the company, valued at $642,830.52. The disclosure for this sale can be found here. Insiders own 1.66% of the company’s stock.

Institutional Investors Weigh In On CarMax

Large investors have recently made changes to their positions in the business. Allworth Financial LP grew its position in shares of CarMax by 153.3% in the 4th quarter. Allworth Financial LP now owns 342 shares of the company’s stock worth $26,000 after buying an additional 207 shares during the last quarter. Ronald Blue Trust Inc. boosted its position in shares of CarMax by 194.0% during the third quarter. Ronald Blue Trust Inc. now owns 438 shares of the company’s stock valued at $31,000 after purchasing an additional 289 shares in the last quarter. Creative Financial Designs Inc. ADV boosted its position in shares of CarMax by 1,081.1% during the fourth quarter. Creative Financial Designs Inc. ADV now owns 437 shares of the company’s stock valued at $34,000 after purchasing an additional 400 shares in the last quarter. Mendota Financial Group LLC bought a new stake in shares of CarMax during the fourth quarter valued at approximately $37,000. Finally, MCF Advisors LLC bought a new stake in shares of CarMax during the fourth quarter valued at approximately $46,000.

CarMax Company Profile

CarMax, Inc, together with its subsidiaries, operates as a retailer of used vehicles in the United States. It operates in two segments, CarMax Sales Operations and CarMax Auto Finance. The company offers customers a range of makes and models of used vehicles, including domestic, imported, and luxury vehicles, as well as hybrid and electric vehicles; and extended protection plans to customers at the time of sale, as well as sells vehicles that are approximately 10 years old and has more than 100,000 miles through wholesale auctions.