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

December 8, 2017 - By Richard Conner

 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 is positive, 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.
Brown Advisory invested in 0.71% or 3.70M shares. Wfg L P owns 260 shares. Shell Asset Mngmt, a Netherlands-based fund reported 11,339 shares. Andra Ap stated it has 4,300 shares or 0.01% of all its holdings. Veritable Limited Partnership reported 0.01% of its portfolio in CarMax Inc. (NYSE:KMX). Credit Agricole S A owns 31,694 shares for 0.01% of their portfolio. M&T Bankshares Corp stated it has 0.02% of its portfolio in CarMax Inc. (NYSE:KMX). Hawkins Ltd Partnership, Texas-based fund reported 85,692 shares. Amica Pension Fund Board Of Trustees reported 9,990 shares. Geode Cap Mgmt Ltd Liability, Massachusetts-based fund reported 1.76 million shares. Prescott Gru Inc Cap Management Ltd Company has 0.26% invested in CarMax Inc. (NYSE:KMX) for 20,000 shares. Ubs Oconnor Lc accumulated 700,000 shares. Nj State Employees Deferred Compensation Plan has invested 0.18% in CarMax Inc. (NYSE:KMX). Pecaut And Co owns 5,000 shares for 0.26% of their portfolio. 220,000 are owned by Shellback Cap L P.

Analysts expect CarMax Inc. (NYSE:KMX) to report $0.81 EPS on December, 21 before the open.They anticipate $0.09 EPS change or 12.50 % from last quarter’s $0.72 EPS. KMX’s profit would be $147.69M giving it 20.67 P/E if the $0.81 EPS is correct. After having $0.98 EPS previously, CarMax Inc.’s analysts see -17.35 % EPS growth. The stock increased 0.63% or $0.42 during the last trading session, reaching $66.97. About 1.83 million shares traded. CarMax Inc. (NYSE:KMX) has risen 26.17% since December 8, 2016 and is uptrending. It has outperformed by 9.47% the S&P500.

CarMax Inc. (NYSE:KMX) Ratings Coverage

Among 17 analysts covering Carmax Inc (NYSE:KMX), 5 have Buy rating, 2 Sell and 10 Hold. Therefore 29% are positive. Carmax Inc had 51 analyst reports since August 3, 2015 according to SRatingsIntel. The stock of CarMax Inc. (NYSE:KMX) earned “Hold” rating by Robert W. Baird on Friday, September 22. On Thursday, September 22 the stock rating was maintained by Deutsche Bank with “Hold”. The firm earned “Buy” rating on Friday, April 7 by IBC. The company was downgraded on Friday, September 4 by Vetr. The firm has “Neutral” rating given on Tuesday, August 18 by Wedbush. The stock of CarMax Inc. (NYSE:KMX) earned “Buy” rating by RBC Capital Markets on Friday, October 27. The rating was maintained by Oppenheimer with “Buy” on Friday, August 25. The rating was initiated by Susquehanna with “Positive” on Friday, August 26. The company was maintained on Wednesday, April 12 by Oppenheimer. Buckingham Research initiated the stock with “Buy” rating in Friday, November 13 report.

CarMax Inc., through its subsidiaries, operates as a retailer of used vehicles in the United States. The company has market cap of $12.21 billion. The firm operates in two divisions, CarMax Sales Operations and CarMax Auto Finance. It has a 18.44 P/E ratio. It offers clients a range of makes and models of used vehicles, including domestic and imported vehicles; sells vehicles that do not meet its retail standards to licensed dealers through on-site wholesale auctions; and provides extended protection plans to clients at the time of sale.

More notable recent CarMax Inc. (NYSE:KMX) news were published by: Benzinga.com which released: “Is There A Bullish Opportunity In CarMax?” on December 06, 2017, also Businesswire.com with their article: “CarMax Announces Third Quarter Conference Call” published on December 07, 2017, Businesswire.com published: “CarMax Partners with Auto Repair Leader, RepairPal” on November 28, 2017. More interesting news about CarMax Inc. (NYSE:KMX) were released by: Benzinga.com and their article: “Barrick Gold, CarMax, Philip Morris, Walmart: ‘Fast Money Halftime Report …” published on December 05, 2017 as well as Benzinga.com‘s news article titled: “Jim Cramer Shares His Thoughts On Arconic, Copart And CarMax” with publication date: December 06, 2017.

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