News headlines about CarMax (NYSE:KMX) have trended somewhat positive this week, Accern Sentiment reports. The research firm identifies positive and negative media coverage by reviewing more than 20 million blog and news sources in real time. Accern ranks coverage of 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 0.19 on Accern’s scale. Accern also assigned news headlines about the company an impact score of 47.3493428536663 out of 100, meaning that recent media coverage is somewhat unlikely to have an effect on the company’s share price in the next few days.

These are some of the headlines that may have effected Accern’s scoring:

A number of brokerages have recently commented on KMX. Wedbush restated an “outperform” rating and issued a $81.00 target price on shares of CarMax in a research note on Wednesday. Zacks Investment Research upgraded CarMax from a “hold” rating to a “buy” rating and set a $83.00 target price on the stock in a research note on Tuesday, September 26th. Credit Suisse Group upped their target price on CarMax from $75.00 to $83.00 and gave the stock an “outperform” rating in a research note on Friday, September 29th. Buckingham Research upped their target price on CarMax from $66.00 to $75.00 and gave the stock a “neutral” rating in a research note on Monday, September 25th. Finally, Oppenheimer downgraded CarMax from an “outperform” rating to a “market perform” rating and set a $80.00 target price on the stock. in a research note on Thursday, October 5th. One equities research analyst has rated the stock with a sell rating, ten have assigned a hold rating and eight have issued a buy rating to the company. The stock currently has a consensus rating of “Hold” and a consensus price target of $77.07.

CarMax (NYSE:KMX) traded up $1.61 during midday trading on Thursday, reaching $71.91. The company had a trading volume of 1,926,700 shares, compared to its average volume of 2,670,000. The firm has a market cap of $13,000.00, a PE ratio of 19.28, a price-to-earnings-growth ratio of 1.19 and a beta of 1.48. CarMax has a 12 month low of $54.29 and a 12 month high of $77.64. The company has a quick ratio of 0.51, a current ratio of 2.70 and a debt-to-equity ratio of 3.83.

CarMax (NYSE:KMX) last released its quarterly earnings results on Thursday, December 21st. The company reported $0.81 earnings per share for the quarter, missing analysts’ consensus estimates of $0.82 by ($0.01). The business had revenue of $4.11 billion during the quarter, compared to analyst estimates of $3.97 billion. CarMax had a return on equity of 21.77% and a net margin of 4.07%. The business’s revenue for the quarter was up 11.0% compared to the same quarter last year. During the same period in the previous year, the company posted $0.72 EPS. equities analysts anticipate that CarMax will post 3.86 EPS for the current fiscal year.

In other CarMax news, Director Thomas J. Folliard sold 8,000 shares of the stock in a transaction that occurred on Tuesday, January 2nd. The stock was sold at an average price of $64.04, for a total transaction of $512,320.00. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, EVP Eric M. Margolin sold 4,453 shares of the stock in a transaction that occurred on Wednesday, November 1st. The shares were sold at an average price of $75.30, for a total value of $335,310.90. Following the transaction, the executive vice president now directly owns 22,051 shares of the company’s stock, valued at approximately $1,660,440.30. The disclosure for this sale can be found here. Insiders sold a total of 90,453 shares of company stock valued at $6,578,041 in the last ninety days. 1.90% of the stock is currently owned by 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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