Q2 2025 Earnings Estimate for CarMax, Inc. Issued By Wedbush (NYSE:KMX)

CarMax, Inc. (NYSE:KMX) – Wedbush cut their Q2 2025 earnings per share (EPS) estimates for CarMax in a research note issued to investors on Monday, June 24th. Wedbush analyst S. Basham now expects that the company will earn $0.97 per share for the quarter, down from their prior estimate of $1.06. Wedbush has a “Outperform” rating and a $90.00 price objective on the stock. The consensus estimate for CarMax’s current full-year earnings is $3.06 per share. Wedbush also issued estimates for CarMax’s Q4 2025 earnings at $0.70 EPS.

CarMax (NYSE:KMX) last posted its quarterly earnings data on Friday, June 21st. The company reported $0.97 EPS for the quarter, topping the consensus estimate of $0.94 by $0.03. CarMax had a return on equity of 6.64% and a net margin of 1.55%. The firm had revenue of $7.11 billion for the quarter, compared to the consensus estimate of $7.16 billion. During the same quarter last year, the company earned $1.16 earnings per share. The business’s revenue for the quarter was down 7.5% compared to the same quarter last year.

Several other research firms have also recently issued reports on KMX. Robert W. Baird cut their target price on CarMax from $88.00 to $84.00 and set an “outperform” rating for the company in a research report on Friday, April 12th. Argus raised CarMax to a “hold” rating in a research report on Tuesday. Evercore ISI cut their price target on CarMax from $73.00 to $68.00 and set an “in-line” rating on the stock in a report on Thursday, June 20th. Truist Financial boosted their target price on CarMax from $66.00 to $70.00 and gave the stock a “hold” rating in a research note on Monday. Finally, JPMorgan Chase & Co. dropped their price target on CarMax from $60.00 to $55.00 and set an “underweight” rating on the stock in a research note on Monday, April 15th. Three investment analysts have rated the stock with a sell rating, five have issued a hold rating and six have given a buy rating to the company. According to data from MarketBeat.com, CarMax currently has an average rating of “Hold” and a consensus price target of $75.50.

CarMax Stock Up 0.8 %

NYSE KMX opened at $73.33 on Wednesday. The company has a quick ratio of 0.60, a current ratio of 2.50 and a debt-to-equity ratio of 2.95. CarMax has a 52 week low of $59.66 and a 52 week high of $88.22. The stock’s 50-day moving average price is $70.56 and its 200-day moving average price is $73.94. The company has a market capitalization of $11.54 billion, a P/E ratio of 28.64, a price-to-earnings-growth ratio of 1.41 and a beta of 1.69.

Hedge Funds Weigh In On CarMax

Several hedge funds have recently made changes to their positions in the company. Allworth Financial LP raised its position in shares of CarMax by 153.3% during the 4th quarter. Allworth Financial LP now owns 342 shares of the company’s stock worth $26,000 after purchasing an additional 207 shares during the last quarter. Creative Financial Designs Inc. ADV lifted its stake in shares of CarMax by 1,081.1% during the 4th quarter. Creative Financial Designs Inc. ADV now owns 437 shares of the company’s stock worth $34,000 after purchasing an additional 400 shares during the period. Mendota Financial Group LLC purchased a new position in shares of CarMax during the 4th quarter worth $37,000. MCF Advisors LLC acquired a new stake in shares of CarMax during the 4th quarter worth $46,000. Finally, Lindbrook Capital LLC increased its holdings in shares of CarMax by 32.8% during the 4th quarter. Lindbrook Capital LLC now owns 628 shares of the company’s stock worth $48,000 after buying an additional 155 shares during the last quarter.

Insider Buying and Selling at CarMax

In related news, EVP Diane L. Cafritz sold 15,356 shares of the stock in a transaction that occurred on Tuesday, April 23rd. The stock was sold at an average price of $69.53, for a total value of $1,067,702.68. Following the completion of the transaction, the executive vice president now directly owns 6,977 shares in the company, valued at $485,110.81. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. In other CarMax news, SVP Jon G. Daniels sold 1,231 shares of the firm’s stock in a transaction on Wednesday, June 26th. The stock was sold at an average price of $72.46, for a total value of $89,198.26. Following the sale, the senior vice president now directly owns 995 shares in the company, valued at $72,097.70. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, EVP Diane L. Cafritz sold 15,356 shares of the firm’s stock in a transaction on Tuesday, April 23rd. The shares were sold at an average price of $69.53, for a total value of $1,067,702.68. Following the completion of the sale, the executive vice president now owns 6,977 shares in the company, valued at $485,110.81. The disclosure for this sale can be found here. Insiders own 1.66% of the company’s stock.

CarMax Company Profile

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.