分析师下调了CarMax, Inc.(纽约证券交易所代码:KMX)的2024年第二季度每股收益预期

分析师下调了CarMax, Inc.(纽约证券交易所代码:KMX)的2024年第二季度每股收益预期
2023年04月14日 15:33 富途牛牛综合

CarMax, Inc. (NYSE:KMX – Get Rating) – Equities researchers at Wedbush cut their Q2 2024 earnings per share (EPS) estimates for shares of CarMax in a report issued on Wednesday, April 12th. Wedbush analyst S. Basham now expects that the company will earn $0.55 per share for the quarter, down from their prior forecast of $0.67. Wedbush currently has a "Neutral" rating and a $55.00 price objective on the stock. The consensus estimate for CarMax's current full-year earnings is $2.81 per share. Wedbush also issued estimates for CarMax's Q4 2024 earnings at $0.19 EPS and FY2024 earnings at $1.96 EPS.

Get

CarMax

alerts:

CarMax (NYSE:KMX – Get Rating) last announced its earnings results on Tuesday, April 11th. The company reported $0.44 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.24 by $0.20. CarMax had a return on equity of 10.69% and a net margin of 1.82%. The company had revenue of $5.72 billion for the quarter, compared to analyst estimates of $6.10 billion. During the same period in the prior year, the company posted $0.98 EPS. CarMax's quarterly revenue was down 25.6% on a year-over-year basis.

Several other equities research analysts have also issued reports on KMX. Royal Bank of Canada upped their price target on CarMax from $60.00 to $70.00 in a research report on Thursday. StockNews.com began coverage on CarMax in a research report on Thursday, March 16th. They set a "sell" rating on the stock. Evercore ISI dropped their price target on CarMax from $63.00 to $60.00 and set an "in-line" rating on the stock in a research report on Friday, December 23rd. Argus lowered CarMax from a "buy" rating to a "hold" rating in a research report on Thursday, January 5th. Finally, JPMorgan Chase & Co. dropped their target price on CarMax from $60.00 to $55.00 and set an "underweight" rating on the stock in a research report on Friday, March 10th. Three analysts have rated the stock with a sell rating, six have assigned a hold rating and four have issued a buy rating to the company's stock. Based on data from MarketBeat, the stock presently has a consensus rating of "Hold" and an average price target of $62.90.

CarMax Stock Performance

Shares of KMX opened at $69.01 on Thursday. The company has a quick ratio of 0.81, a current ratio of 2.57 and a debt-to-equity ratio of 3.21. The firm has a market cap of $10.91 billion, a price-to-earnings ratio of 22.78, a PEG ratio of 9.00 and a beta of 1.42. CarMax has a 52-week low of $52.10 and a 52-week high of $106.24. The business's 50 day moving average is $66.78 and its two-hundred day moving average is $65.92.

Institutional Inflows and Outflows

Large investors have recently bought and sold shares of the company. CENTRAL TRUST Co boosted its stake in CarMax by 100.0% during the third quarter. CENTRAL TRUST Co now owns 400 shares of the company's stock valued at $26,000 after buying an additional 200 shares in the last quarter. General Partner Inc. acquired a new position in shares of CarMax in the 4th quarter valued at $31,000. Whittier Trust Co. boosted its position in shares of CarMax by 72.5% in the 3rd quarter. Whittier Trust Co. now owns 509 shares of the company's stock valued at $34,000 after purchasing an additional 214 shares during the period. Covington Capital Management acquired a new position in shares of CarMax in the 3rd quarter valued at $39,000. Finally, ST Germain D J Co. Inc. acquired a new position in shares of CarMax in the 4th quarter valued at $44,000.

About CarMax

(Get Rating)

CarMax, Inc is a holding company, which engages in the retail of used vehicles and wholesale of vehicle auction operators. It operates through the CarMax Sales Operations and CarMax Auto Finance (CAF) segments. The CarMax Sales Operations segment consists of all aspects of its auto merchandising and service operations.

Featured Articles

  • Get a free copy of the StockNews.com research report on CarMax (KMX)
  • Delta Airlines Is Ready To Fly Higher
  • Global Payments Climbs After Goldman Sachs Upgrade
  • Fastenal Is At A Critical Turning Point
  • 3 Healthcare Stocks Insiders Are Buying
  • Novo Nordisk Charges Higher and Could be Just Getting Started

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.

海量资讯、精准解读,尽在新浪财经APP
EPS

VIP课程推荐

加载中...

APP专享直播

1/10

热门推荐

收起
新浪财经公众号
新浪财经公众号

24小时滚动播报最新的财经资讯和视频,更多粉丝福利扫描二维码关注(sinafinance)

7X24小时

  • 04-21 三博脑科 301293 --
  • 04-20 晶合集成 688249 --
  • 04-17 华原股份 838837 3.93
  • 04-13 荣旗科技 301360 71.88
  • 04-12 民士达 833394 6.55
  • 产品入口: 新浪财经APP-股票-免费问股
    新浪首页 语音播报 相关新闻 返回顶部