CarMax, Inc. (NYSE:KMX – Get Free Report) SVP Tyler Tuite sold 4,869 shares of the company’s stock in a transaction that occurred on Tuesday, January 28th. The stock was sold at an average price of $84.58, for a total value of $411,820.02. Following the sale, the senior vice president now directly owns 227 shares of the company’s stock, valued at $19,199.66. The trade was a 95.55 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink.
CarMax Price Performance
Shares of KMX traded up $1.90 during trading hours on Thursday, hitting $87.60. The stock had a trading volume of 1,533,562 shares, compared to its average volume of 1,664,224. The stock has a market capitalization of $13.47 billion, a price-to-earnings ratio of 29.69, a P/E/G ratio of 1.49 and a beta of 1.71. The company has a debt-to-equity ratio of 2.92, a current ratio of 2.30 and a quick ratio of 0.55. The company’s fifty day moving average is $82.88 and its two-hundred day moving average is $79.50. CarMax, Inc. has a 52 week low of $65.83 and a 52 week high of $91.25.
CarMax (NYSE:KMX – Get Free Report) last posted its quarterly earnings data on Thursday, December 19th. The company reported $0.81 earnings per share for the quarter, topping the consensus estimate of $0.62 by $0.19. The company had revenue of $6.22 billion during the quarter, compared to analyst estimates of $6.05 billion. CarMax had a net margin of 1.77% and a return on equity of 7.49%. The company’s revenue was up 1.2% on a year-over-year basis. During the same quarter last year, the business posted $0.52 earnings per share. On average, analysts anticipate that CarMax, Inc. will post 3.19 EPS for the current year.
Analyst Upgrades and Downgrades
View Our Latest Analysis on KMX
Institutional Inflows and Outflows
Institutional investors have recently made changes to their positions in the business. State Street Corp raised its stake in shares of CarMax by 0.6% in the third quarter. State Street Corp now owns 6,193,174 shares of the company’s stock worth $479,228,000 after acquiring an additional 36,959 shares during the last quarter. Janus Henderson Group PLC increased its holdings in shares of CarMax by 0.6% in the third quarter. Janus Henderson Group PLC now owns 4,642,235 shares of the company’s stock valued at $359,216,000 after purchasing an additional 28,466 shares in the last quarter. Geode Capital Management LLC raised its position in CarMax by 0.4% in the 3rd quarter. Geode Capital Management LLC now owns 3,663,209 shares of the company’s stock worth $282,479,000 after purchasing an additional 14,903 shares during the last quarter. FMR LLC lifted its holdings in CarMax by 2,883.1% during the 3rd quarter. FMR LLC now owns 1,772,808 shares of the company’s stock worth $137,180,000 after buying an additional 1,713,379 shares in the last quarter. Finally, UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC boosted its position in CarMax by 0.8% in the 3rd quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 1,510,325 shares of the company’s stock valued at $116,869,000 after buying an additional 11,865 shares during the last quarter.
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.
Read More
- Five stocks we like better than CarMax
- Want to Profit on the Downtrend? Downtrends, Explained.
- How Growth Investors Find High-Growth Stocks and Maximize Returns
- What Are Earnings Reports?
- Meta’s AI & Smart Glasses Could Drive 20%+ Upside in 2025
- What is the FTSE 100 index?
- NVIDIA’s Slide Continues: Can Retail Investors Stop the Fall?
Receive News & Ratings for CarMax Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for CarMax and related companies with MarketBeat.com's FREE daily email newsletter.