CarMax (KMX) Earning Somewhat Positive News Coverage, Accern Reports

News articles about CarMax (NYSE:KMX) have trended somewhat positive on Monday, according to Accern Sentiment. Accern rates the sentiment of news coverage by reviewing more than 20 million news and blog sources in real time. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. CarMax earned a daily sentiment score of 0.16 on Accern’s scale. Accern also gave news coverage about the company an impact score of 46.900880956116 out of 100, meaning that recent news coverage is somewhat unlikely to have an impact on the stock’s share price in the near future.

These are some of the media stories that may have impacted Accern Sentiment’s scoring:

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Several brokerages have recently issued reports on KMX. William Blair reaffirmed an “outperform” rating on shares of CarMax in a research report on Tuesday, March 27th. Wedbush set a $75.00 price target on CarMax and gave the company a “buy” rating in a research report on Friday, March 16th. Credit Suisse Group set a $78.00 price target on CarMax and gave the company a “buy” rating in a research report on Tuesday, March 13th. Zacks Investment Research downgraded CarMax from a “buy” rating to a “hold” rating in a research report on Tuesday, December 12th. Finally, Susquehanna Bancshares set a $68.00 price target on CarMax and gave the company a “hold” rating in a research report on Monday, January 1st. Eight equities research analysts have rated the stock with a hold rating and twelve have assigned a buy rating to the company. The stock has a consensus rating of “Buy” and an average price target of $78.78.

Shares of NYSE KMX traded down $2.02 during mid-day trading on Monday, hitting $59.92. The company had a trading volume of 2,745,365 shares, compared to its average volume of 2,214,498. The company has a debt-to-equity ratio of 3.83, a quick ratio of 0.51 and a current ratio of 2.70. CarMax has a 12 month low of $54.29 and a 12 month high of $77.64. The stock has a market cap of $11,201.72, a PE ratio of 18.16, a PEG ratio of 0.94 and a beta of 1.55.

In related news, SVP Darren C. Newberry sold 6,584 shares of the stock in a transaction dated Tuesday, January 16th. The shares were sold at an average price of $72.61, for a total value of $478,064.24. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Director Thomas J. Folliard sold 8,000 shares of the stock in a transaction dated Thursday, February 15th. The shares were sold at an average price of $61.92, for a total transaction of $495,360.00. The disclosure for this sale can be found here. In the last quarter, insiders sold 58,584 shares of company stock valued at $4,065,664. 1.90% of the stock is owned by corporate insiders.

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CarMax Company Profile

CarMax, Inc (CarMax) is a holding company. The Company is a retailer of used vehicles. The Company operates through two segments: CarMax Sales Operations and CarMax Auto Finance (CAF). The Company’s CarMax Sales Operations segment consists of all aspects of its auto merchandising and service operations, excluding financing provided by CAF.

Insider Buying and Selling by Quarter for CarMax (NYSE:KMX)

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