EPS for CarMax, Inc (KMX) Expected At $0.81

November 18, 2017 - By Ellis Scott

 EPS for CarMax, Inc (KMX) Expected At $0.81
Investors sentiment increased to 0.91 in Q2 2017. Its up 0.18, from 0.73 in 2017Q1. It improved, as 44 investors sold CarMax, Inc shares while 152 reduced holdings. 48 funds opened positions while 131 raised stakes. 196.91 million shares or 2.38% more from 192.33 million shares in 2017Q1 were reported.
Us Natl Bank De accumulated 0.01% or 28,667 shares. Gulf Intll Bancorporation (Uk) holds 57,173 shares or 0.05% of its portfolio. Brown Advisory holds 3.70 million shares or 0.71% of its portfolio. Ubs Oconnor Limited Liability Co holds 0% of its portfolio in CarMax, Inc (NYSE:KMX) for 700,000 shares. Wellington Gp Llp reported 3.75M shares. Parkwood Lc accumulated 63,576 shares. Wells Fargo & Mn invested 0.02% of its portfolio in CarMax, Inc (NYSE:KMX). New York-based Jpmorgan Chase has invested 0% in CarMax, Inc (NYSE:KMX). London Of Virginia holds 3.24M shares or 1.39% of its portfolio. Rampart Management Limited Liability Corporation reported 0.05% of its portfolio in CarMax, Inc (NYSE:KMX). Pub Employees Retirement Association Of Colorado holds 0.02% of its portfolio in CarMax, Inc (NYSE:KMX) for 36,932 shares. Sumitomo Mitsui Holdg owns 0.05% invested in CarMax, Inc (NYSE:KMX) for 544,445 shares. Nexus Management owns 317,727 shares for 3.26% of their portfolio. Qvt Fin Limited Partnership invested in 0.62% or 370,402 shares. 44,646 were accumulated by Steinberg Asset Mgmt.

Wall Street await CarMax, Inc (NYSE:KMX) to release earnings on December, 21 before the open. Analysts forecast earnings per share of $0.81, up exactly $0.09 or 12.50 % from 2014’s $0.72 EPS. The expected KMX’s profit could reach $147.65M giving the stock 21.44 P/E in the case that $0.81 earnings per share is reported. After posting $0.98 EPS for the previous quarter, CarMax, Inc’s analysts now forecast -17.35 % negative EPS growth. The stock decreased 1.56% or $1.1 during the last trading session, reaching $69.45. About 2.63M shares traded or 103.88% up from the average. CarMax, Inc (NYSE:KMX) has risen 26.17% since November 18, 2016 and is uptrending. It has outperformed by 9.47% the S&P500.

CarMax, Inc (NYSE:KMX) Ratings Coverage

Among 16 analysts covering Carmax Inc (NYSE:KMX), 6 have Buy rating, 2 Sell and 8 Hold. Therefore 38% are positive. Carmax Inc had 49 analyst reports since August 3, 2015 according to SRatingsIntel. Morgan Stanley downgraded the shares of KMX in report on Wednesday, February 1 to “Underweight” rating. As per Friday, October 27, the company rating was maintained by RBC Capital Markets. The stock of CarMax, Inc (NYSE:KMX) earned “Buy” rating by Deutsche Bank on Tuesday, October 25. As per Friday, September 22, the company rating was maintained by RBC Capital Markets. RBC Capital Markets maintained the shares of KMX in report on Friday, April 7 with “Sector Perform” rating. The stock has “Equal-Weight” rating by Morgan Stanley on Tuesday, March 29. The stock has “Sector Perform” rating by RBC Capital Markets on Tuesday, December 15. RBC Capital Markets maintained CarMax, Inc (NYSE:KMX) rating on Thursday, August 3. RBC Capital Markets has “Buy” rating and $7700 target. Wedbush maintained CarMax, Inc (NYSE:KMX) on Tuesday, January 19 with “Neutral” rating. The stock of CarMax, Inc (NYSE:KMX) earned “Buy” rating by Oppenheimer on Friday, August 25.

CarMax, Inc. is a holding company. The company has market cap of $12.66 billion. The Firm is a retailer of used vehicles. It has a 19.09 P/E ratio. The Firm operates through two divisions: CarMax Sales Operations and CarMax Auto Finance (CAF).

More notable recent CarMax, Inc (NYSE:KMX) news were published by: Marketwatch.com which released: “CarMax to add more than 2000 workers by the end of the year” on October 23, 2017, also Benzinga.com with their article: “Rod Lache Lays Out The Tactical Reason To Stop Buying CarMax Shares” published on November 17, 2017, Nasdaq.com published: “Oversold Conditions For Carmax (KMX)” on November 14, 2017. More interesting news about CarMax, Inc (NYSE:KMX) were released by: Globenewswire.com and their article: “Copper Fox Announces Update on Carmax Share Consolidation” published on November 17, 2017 as well as Businesswire.com‘s news article titled: “CarMax Announces Upcoming Chief Operating Officer Retirement” with publication date: October 30, 2017.

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