CarMax, Inc (NYSE:KMX) COO Edwin J. Hill sold 4,792 shares of the firm’s stock in a transaction on Wednesday, July 10th. The shares were sold at an average price of $87.49, for a total transaction of $419,252.08. Following the completion of the transaction, the chief operating officer now directly owns 3,778 shares of the company’s stock, valued at approximately $330,537.22. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link.
Shares of KMX opened at $88.94 on Friday. The company has a 50-day moving average price of $83.14. CarMax, Inc has a one year low of $55.24 and a one year high of $89.37. The company has a market cap of $14.73 billion, a P/E ratio of 18.57, a PEG ratio of 1.34 and a beta of 1.21. The company has a current ratio of 2.21, a quick ratio of 0.49 and a debt-to-equity ratio of 4.20.
CarMax (NYSE:KMX) last announced its quarterly earnings data on Friday, June 21st. The company reported $1.59 EPS for the quarter, beating analysts’ consensus estimates of $1.49 by $0.10. CarMax had a net margin of 4.64% and a return on equity of 25.37%. The company had revenue of $5.37 billion during the quarter, compared to the consensus estimate of $5.17 billion. During the same quarter last year, the firm posted $1.33 EPS. The company’s quarterly revenue was up 12.0% on a year-over-year basis. As a group, analysts expect that CarMax, Inc will post 5.27 earnings per share for the current year.
A number of research firms recently weighed in on KMX. Guggenheim decreased their target price on shares of Kroger from $31.00 to $26.00 in a research report on Monday, June 24th. Stephens began coverage on shares of Twilio in a research report on Monday, April 1st. They issued a “hold” rating and a $110.00 target price for the company. Argus began coverage on shares of CarMax in a research report on Friday, June 28th. They issued a “buy” rating and a $100.00 target price for the company. Buckingham Research downgraded shares of Westinghouse Air Brake Technologies from a “buy” rating to a “neutral” rating and decreased their target price for the company from $93.00 to $81.00 in a research report on Monday, June 24th. Finally, Robert W. Baird raised their target price on shares of CarMax from $80.00 to $99.00 and gave the company an “outperform” rating in a research report on Monday, June 24th. Three investment analysts have rated the stock with a hold rating and ten have assigned a buy rating to the stock. CarMax presently has an average rating of “Buy” and a consensus target price of $93.81.
CarMax, Inc, through its subsidiaries, operates as a retailer of used vehicles in the United States. The company operates in two segments, CarMax Sales Operations and CarMax Auto Finance. It offers customers a range of makes and models of used vehicles, including domestic, imported, and luxury vehicles; vehicles that do not meet its retail standards to licensed dealers through on-site wholesale auctions; and extended protection plans to customers at the time of sale.
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