Headlines about CarMax (NYSE:KMX) have been trending somewhat positive on Saturday, according to Accern Sentiment Analysis. Accern identifies negative and positive media coverage by reviewing more than 20 million blog and news sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores closest to one being the most favorable. CarMax earned a news impact score of 0.16 on Accern’s scale. Accern also assigned media coverage about the company an impact score of 47.119881937682 out of 100, meaning that recent media coverage is somewhat unlikely to have an impact on the company’s share price in the next several days.
Here are some of the headlines that may have impacted Accern’s rankings:
- CarMax, Inc (KMX) Is Compelling and Profitable Unit Growth Story: RiverPark (feedproxy.google.com)
- Insider Selling: CarMax, Inc (KMX) Director Sells 8,000 Shares of Stock (americanbankingnews.com)
- CarMax Celebrates 14 Years as One of FORTUNE Magazine’s 100 Best Companies to Work For® (finance.yahoo.com)
- CarMax Inc. (KMX) Stock Regains Curiosity on Confident EPS Growth Rate For This Year – Wallstreet Investorplace (wallstreetinvestorplace.com)
Shares of CarMax (NYSE:KMX) traded up $0.10 during mid-day trading on Friday, hitting $64.43. The stock had a trading volume of 1,445,629 shares, compared to its average volume of 2,350,000. CarMax has a one year low of $54.29 and a one year high of $77.64. The firm has a market cap of $11,650.00, a PE ratio of 17.27, a PEG ratio of 1.13 and a beta of 1.53. The company has a current ratio of 2.70, a quick ratio of 0.51 and a debt-to-equity ratio of 3.83.
CarMax (NYSE:KMX) last issued its quarterly earnings results on Thursday, December 21st. The company reported $0.81 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.82 by ($0.01). CarMax had a net margin of 4.07% and a return on equity of 21.77%. The firm had revenue of $4.11 billion for the quarter, compared to analyst estimates of $3.97 billion. During the same quarter last year, the business posted $0.72 earnings per share. The firm’s revenue for the quarter was up 11.0% compared to the same quarter last year. sell-side analysts predict that CarMax will post 3.84 EPS for the current year.
KMX has been the topic of several recent analyst reports. Credit Suisse Group raised CarMax to a “buy” rating and set a $83.00 target price on the stock in a research note on Monday, December 25th. Deutsche Bank downgraded CarMax from a “buy” rating to a “hold” rating and set a $76.00 target price on the stock. in a research note on Friday, November 17th. UBS Group raised CarMax from a “market perform” rating to an “outperform” rating in a research note on Thursday, January 18th. Northcoast Research raised CarMax from a “neutral” rating to a “buy” rating in a research note on Thursday, December 14th. Finally, Berenberg Bank raised CarMax from a “hold” rating to a “buy” rating and set a $83.00 target price on the stock in a research note on Monday, January 8th. Eight equities research analysts have rated the stock with a hold rating and eleven have given a buy rating to the stock. The company has an average rating of “Buy” and a consensus price target of $79.68.
In related news, SVP Darren C. Newberry sold 6,584 shares of CarMax stock in a transaction on Tuesday, January 16th. The stock was sold at an average price of $72.61, for a total value of $478,064.24. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, Director Thomas J. Folliard sold 8,000 shares of CarMax stock in a transaction on Friday, December 1st. The stock was sold at an average price of $68.72, for a total value of $549,760.00. Following the completion of the transaction, the director now owns 447,572 shares in the company, valued at $30,757,147.84. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 74,584 shares of company stock worth $5,155,424. 1.70% of the stock is 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.
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