Q2 2025 EPS Estimates for CarMax, Inc. Increased by Zacks Research (NYSE:KMX)

CarMax, Inc. (NYSE:KMXFree Report) – Investment analysts at Zacks Research lifted their Q2 2025 EPS estimates for shares of CarMax in a note issued to investors on Tuesday, June 4th. Zacks Research analyst R. Singhi now anticipates that the company will earn $0.92 per share for the quarter, up from their prior estimate of $0.90. The consensus estimate for CarMax’s current full-year earnings is $3.12 per share. Zacks Research also issued estimates for CarMax’s Q4 2025 earnings at $0.60 EPS, Q1 2026 earnings at $0.75 EPS, Q2 2026 earnings at $0.74 EPS, Q3 2026 earnings at $0.92 EPS and Q1 2027 earnings at $0.88 EPS.

CarMax (NYSE:KMXGet Free Report) last announced its quarterly earnings results on Thursday, April 11th. The company reported $0.32 EPS for the quarter, missing analysts’ consensus estimates of $0.45 by ($0.13). CarMax had a net margin of 1.81% and a return on equity of 7.26%. The company had revenue of $5.63 billion during the quarter, compared to analyst estimates of $5.76 billion. During the same quarter last year, the company posted $0.44 EPS. The firm’s quarterly revenue was down 1.7% on a year-over-year basis.

Other research analysts have also issued research reports about the stock. Robert W. Baird decreased their target price on shares of CarMax from $88.00 to $84.00 and set an “outperform” rating on the stock in a research report on Friday, April 12th. Needham & Company LLC decreased their target price on shares of CarMax from $99.00 to $91.00 and set a “buy” rating on the stock in a research report on Friday, April 12th. Truist Financial decreased their target price on shares of CarMax from $75.00 to $72.00 and set a “hold” rating on the stock in a research report on Friday, April 12th. JPMorgan Chase & Co. decreased their target price on shares of CarMax from $60.00 to $55.00 and set an “underweight” rating on the stock in a research report on Monday, April 15th. Finally, StockNews.com upgraded shares of CarMax to a “sell” rating in a research report on Monday, April 22nd. Three research analysts have rated the stock with a sell rating, five have issued a hold rating and five have issued a buy rating to the stock. According to data from MarketBeat.com, the company has an average rating of “Hold” and a consensus price target of $76.92.

Check Out Our Latest Report on CarMax

CarMax Stock Performance

Shares of NYSE:KMX opened at $70.07 on Thursday. The company’s 50 day moving average price is $72.59 and its two-hundred day moving average price is $73.33. CarMax has a 12-month low of $59.66 and a 12-month high of $88.22. The firm has a market cap of $11.03 billion, a PE ratio of 23.13, a PEG ratio of 1.35 and a beta of 1.69. The company has a quick ratio of 0.67, a current ratio of 2.26 and a debt-to-equity ratio of 2.96.

Insider Activity at CarMax

In related news, EVP Diane L. Cafritz sold 15,356 shares of the stock in a transaction that occurred on Tuesday, April 23rd. The shares were sold at an average price of $69.53, for a total value of $1,067,702.68. Following the completion of the transaction, the executive vice president now owns 6,977 shares of the company’s stock, valued at approximately $485,110.81. The sale was disclosed in a legal filing with the SEC, which is available through the SEC website. 1.66% of the stock is owned by insiders.

Hedge Funds Weigh In On CarMax

Several institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Norges Bank bought a new position in shares of CarMax during the fourth quarter valued at $288,278,000. Morningstar Investment Services LLC raised its stake in shares of CarMax by 95.4% during the fourth quarter. Morningstar Investment Services LLC now owns 2,717,326 shares of the company’s stock valued at $211,516,000 after acquiring an additional 1,326,840 shares during the last quarter. DAVENPORT & Co LLC raised its stake in shares of CarMax by 1,327.3% during the first quarter. DAVENPORT & Co LLC now owns 1,023,247 shares of the company’s stock valued at $89,070,000 after acquiring an additional 951,558 shares during the last quarter. American Century Companies Inc. raised its stake in shares of CarMax by 674.3% during the third quarter. American Century Companies Inc. now owns 806,716 shares of the company’s stock valued at $57,059,000 after acquiring an additional 702,526 shares during the last quarter. Finally, Epoch Investment Partners Inc. raised its stake in shares of CarMax by 3,094.0% during the first quarter. Epoch Investment Partners Inc. now owns 596,356 shares of the company’s stock valued at $51,949,000 after acquiring an additional 577,685 shares during the last quarter.

CarMax Company Profile

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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.

See Also

Earnings History and Estimates for CarMax (NYSE:KMX)

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