Zacks Research Weighs in on CarMax’s Q4 Earnings (NYSE:KMX)

CarMax, Inc. (NYSE:KMX) – Investment analysts at Zacks Research reduced their Q4 2026 earnings per share (EPS) estimates for shares of CarMax in a note issued to investors on Wednesday, January 15th. Zacks Research analyst R. Department now expects that the company will post earnings of $0.75 per share for the quarter, down from their previous forecast of $0.91. The consensus estimate for CarMax’s current full-year earnings is $3.19 per share.

A number of other research firms also recently commented on KMX. Stephens initiated coverage on CarMax in a report on Thursday, December 5th. They issued an “equal weight” rating and a $86.00 target price for the company. Mizuho boosted their price objective on shares of CarMax from $72.00 to $80.00 and gave the stock a “neutral” rating in a report on Friday, December 20th. Evercore ISI upped their price target on CarMax from $83.00 to $85.00 and gave the stock a “market perform” rating in a report on Thursday, December 19th. Oppenheimer reiterated an “outperform” rating and set a $105.00 target price on shares of CarMax in a research report on Friday, October 4th. Finally, StockNews.com raised CarMax from a “sell” rating to a “hold” rating in a research note on Friday, December 20th. Three equities research analysts have rated the stock with a sell rating, six have assigned a hold rating and six have given a buy rating to the stock. According to data from MarketBeat, the company has a consensus rating of “Hold” and a consensus target price of $85.17.

CarMax Stock Up 0.8 %

KMX opened at $79.55 on Monday. The company has a quick ratio of 0.55, a current ratio of 2.30 and a debt-to-equity ratio of 2.92. The company has a market cap of $12.23 billion, a PE ratio of 26.96, a P/E/G ratio of 1.50 and a beta of 1.71. The business has a 50 day moving average price of $82.17 and a two-hundred day moving average price of $79.24. CarMax has a 52 week low of $65.83 and a 52 week high of $91.25.

CarMax (NYSE:KMX) last issued its quarterly earnings data on Thursday, December 19th. The company reported $0.81 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.62 by $0.19. The company had revenue of $6.22 billion for the quarter, compared to analyst estimates of $6.05 billion. CarMax had a return on equity of 7.49% and a net margin of 1.77%. The business’s quarterly revenue was up 1.2% compared to the same quarter last year. During the same quarter last year, the company posted $0.52 earnings per share.

Institutional Investors Weigh In On CarMax

Several institutional investors have recently made changes to their positions in the company. Quarry LP boosted its holdings in CarMax by 78.6% during the second quarter. Quarry LP now owns 418 shares of the company’s stock valued at $31,000 after acquiring an additional 184 shares during the period. Catalyst Capital Advisors LLC bought a new position in CarMax during the third quarter valued at about $32,000. True Wealth Design LLC raised its holdings in CarMax by 4,844.4% in the 3rd quarter. True Wealth Design LLC now owns 445 shares of the company’s stock valued at $34,000 after acquiring an additional 436 shares in the last quarter. Larson Financial Group LLC raised its stake in shares of CarMax by 91.9% in the third quarter. Larson Financial Group LLC now owns 737 shares of the company’s stock valued at $57,000 after purchasing an additional 353 shares in the last quarter. Finally, ST Germain D J Co. Inc. acquired a new stake in CarMax during the fourth quarter worth $58,000.

Insiders Place Their Bets

In other CarMax news, SVP Jon G. Daniels sold 30,245 shares of the business’s stock in a transaction on Tuesday, December 24th. The shares were sold at an average price of $84.34, for a total transaction of $2,550,863.30. Following the sale, the senior vice president now directly owns 995 shares of the company’s stock, valued at $83,918.30. The trade was a 96.81 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Also, VP Jill A. Livesay sold 13,009 shares of the firm’s 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 sale, the vice president now directly owns 9,448 shares of the company’s stock, valued at approximately $765,288. This trade represents a 57.93 % decrease in their position. The disclosure for this sale can be found here. Insiders sold 259,598 shares of company stock worth $21,503,625 over the last ninety days. Company insiders own 1.66% of the company’s stock.

About CarMax

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.