Seaport Res Ptn Weighs in on CarMax FY2025 Earnings

CarMax, Inc. (NYSE:KMX) – Seaport Res Ptn issued their FY2025 EPS estimates for CarMax in a research note issued on Tuesday, April 8th. Seaport Res Ptn analyst G. Chin forecasts that the company will post earnings per share of $3.26 for the year. The consensus estimate for CarMax’s current full-year earnings is $3.23 per share. Seaport Res Ptn also issued estimates for CarMax’s Q4 2025 earnings at $0.64 EPS and FY2026 earnings at $3.82 EPS.

A number of other analysts have also recently issued reports on the company. Royal Bank of Canada boosted their price objective on CarMax from $92.00 to $99.00 and gave the company an “overweight” rating in a research report on Thursday, December 19th. Needham & Company LLC boosted their price target on shares of CarMax from $98.00 to $101.00 and gave the company a “buy” rating in a report on Monday, February 3rd. StockNews.com raised shares of CarMax from a “sell” rating to a “hold” rating in a report on Friday, December 20th. Wedbush reiterated an “outperform” rating and set a $100.00 target price on shares of CarMax in a research report on Tuesday, April 1st. Finally, Truist Financial increased their price target on shares of CarMax from $72.00 to $88.00 and gave the stock a “hold” rating in a research report on Friday, December 20th. Two equities research analysts have rated the stock with a sell rating, four have assigned a hold rating and eight have given a buy rating to the company’s stock. According to data from MarketBeat, CarMax presently has an average rating of “Hold” and an average price target of $90.64.

CarMax Trading Down 16.8 %

CarMax stock opened at $66.64 on Friday. The business has a 50 day moving average price of $78.93 and a two-hundred day moving average price of $79.20. The company has a quick ratio of 0.55, a current ratio of 2.30 and a debt-to-equity ratio of 2.92. CarMax has a 12 month low of $63.23 and a 12 month high of $91.25. The stock has a market cap of $10.25 billion, a price-to-earnings ratio of 22.59, a price-to-earnings-growth ratio of 1.67 and a beta of 1.58.

Insider Transactions at CarMax

In other CarMax news, VP Jill A. Livesay sold 13,009 shares of CarMax stock in a transaction on Wednesday, January 15th. The stock was sold at an average price of $81.00, for a total value of $1,053,729.00. Following the completion of the transaction, the vice president now owns 9,448 shares in the company, valued at approximately $765,288. The trade was a 57.93 % decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, CFO Enrique N. Mayor-Mora sold 5,000 shares of the stock in a transaction on Wednesday, January 15th. The stock was sold at an average price of $81.43, for a total value of $407,150.00. Following the sale, the chief financial officer now owns 20,260 shares in the company, valued at $1,649,771.80. The trade was a 19.79 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold 22,878 shares of company stock valued at $1,872,699 in the last three months. 1.66% of the stock is owned by corporate insiders.

Institutional Investors Weigh In On CarMax

Hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Quantinno Capital Management LP increased its holdings in shares of CarMax by 150.6% in the third quarter. Quantinno Capital Management LP now owns 8,734 shares of the company’s stock valued at $676,000 after purchasing an additional 5,249 shares in the last quarter. Nomura Asset Management Co. Ltd. boosted its position in CarMax by 1.1% in the 3rd quarter. Nomura Asset Management Co. Ltd. now owns 46,373 shares of the company’s stock valued at $3,588,000 after buying an additional 498 shares during the last quarter. Vestcor Inc increased its stake in shares of CarMax by 54.9% in the 3rd quarter. Vestcor Inc now owns 3,332 shares of the company’s stock valued at $258,000 after buying an additional 1,181 shares during the period. Geode Capital Management LLC raised its position in shares of CarMax by 0.4% during the third quarter. Geode Capital Management LLC now owns 3,663,209 shares of the company’s stock worth $282,479,000 after acquiring an additional 14,903 shares during the last quarter. Finally, Coldstream Capital Management Inc. acquired a new position in shares of CarMax during the third quarter valued at $208,000.

CarMax Company Profile

CarMax, Inc, through its subsidiaries, operates as a retailer of used vehicles and related products in the United States. It operates in two segments: CarMax Sales Operations and CarMax Auto Finance. The CarMax Sales Operations segment offers customers a range of makes and models of used vehicles, including domestic, imported, and luxury vehicles, as well as hybrid and electric vehicles; used vehicle auctions; extended protection plans to customers at the time of sale; and reconditioning and vehicle repair services.