Research Analysts Issue Forecasts for CarMax FY2025 Earnings

CarMax, Inc. (NYSE:KMX) – Investment analysts at William Blair boosted their FY2025 earnings estimates for shares of CarMax in a report released on Thursday, December 19th. William Blair analyst S. Zackfia now expects that the company will post earnings of $3.28 per share for the year, up from their previous forecast of $3.05. The consensus estimate for CarMax’s current full-year earnings is $3.01 per share. William Blair also issued estimates for CarMax’s Q4 2025 earnings at $0.65 EPS, Q1 2026 earnings at $1.26 EPS, Q2 2026 earnings at $1.00 EPS, Q3 2026 earnings at $0.76 EPS, Q4 2026 earnings at $0.76 EPS, FY2026 earnings at $3.78 EPS and FY2027 earnings at $4.36 EPS.

KMX has been the subject of several other reports. JPMorgan Chase & Co. boosted their target price on CarMax from $70.00 to $72.00 and gave the stock an “underweight” rating in a research report on Friday. Truist Financial lifted their target price on shares of CarMax from $72.00 to $88.00 and gave the stock a “hold” rating in a research note on Friday. Needham & Company LLC boosted their price objective on shares of CarMax from $90.00 to $98.00 and gave the company a “buy” rating in a research report on Friday. BNP Paribas raised CarMax to a “strong sell” rating in a research report on Friday, September 27th. Finally, StockNews.com raised shares of CarMax from a “sell” rating to a “hold” rating in a research note on Friday. Three investment analysts have rated the stock with a sell rating, six have given a hold rating and six have issued a buy rating to the stock. Based on data from MarketBeat.com, CarMax presently has an average rating of “Hold” and an average price target of $85.17.

CarMax Stock Up 0.0 %

KMX opened at $84.27 on Monday. The company has a quick ratio of 0.68, a current ratio of 2.25 and a debt-to-equity ratio of 2.93. The company’s 50-day moving average price is $79.01 and its two-hundred day moving average price is $77.69. CarMax has a twelve month low of $65.83 and a twelve month high of $91.25. The stock has a market cap of $13.06 billion, a price-to-earnings ratio of 31.68, a PEG ratio of 1.76 and a beta of 1.71.

CarMax (NYSE:KMX) last issued its quarterly earnings results on Thursday, December 19th. The company reported $0.81 earnings per share for the quarter, topping analysts’ consensus estimates of $0.62 by $0.19. The firm had revenue of $6.22 billion during the quarter, compared to the consensus estimate of $6.05 billion. CarMax had a return on equity of 6.83% and a net margin of 1.61%. The business’s revenue was up 1.2% compared to the same quarter last year. During the same period last year, the business posted $0.52 EPS.

Hedge Funds Weigh In On CarMax

Institutional investors and hedge funds have recently added to or reduced their stakes in the company. Quarry LP boosted its position in shares of CarMax by 78.6% during the second quarter. Quarry LP now owns 418 shares of the company’s stock worth $31,000 after buying an additional 184 shares during the period. Catalyst Capital Advisors LLC acquired a new stake in CarMax during the 3rd quarter worth about $32,000. True Wealth Design LLC grew its position in CarMax by 4,844.4% during the third quarter. True Wealth Design LLC now owns 445 shares of the company’s stock valued at $34,000 after purchasing an additional 436 shares in the last quarter. Studio Investment Management LLC raised its holdings in shares of CarMax by 176.7% during the second quarter. Studio Investment Management LLC now owns 523 shares of the company’s stock worth $38,000 after acquiring an additional 334 shares in the last quarter. Finally, Larson Financial Group LLC grew its stake in shares of CarMax by 91.9% in the 3rd quarter. Larson Financial Group LLC now owns 737 shares of the company’s stock valued at $57,000 after buying an additional 353 shares in the last quarter.

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.