Analyst Ratings for CarMax Inc. (KMX)

Updated: 2017-07-29

Analysts covering CarMax Inc. (NYSE:KMX) have given it a consensus rating of Overweight. KMX had previously received a consensus rating of Overweight a month ago.

19 analysts issued ratings on the stock, where 9 gave KMX a buy rating, 1 gave an overweight rating, 7 issued a hold rating, 0 issued an underweight rating, and 2 gave a sell rating. Compared to three months ago, there has been an increase of 0 in the number of analysts with a positive outlook on the stock. During this time, the number of analysts bearish on the stock has increased by 0.

Investment analysts gave a few price targets for KMX. The maximum price target given was 82, implying potential capital gains of 22.77 percent. The lowest price target was 49, implying a possible loss of -26.64 percent. Many analysts are not unbiased in their coverage of stocks, including price targets and stock ratings, so care must be taken in interpreting numbers released by them.

Over the past month, analysts have revised their estimates for this quarter's earnings, with a net average change of 0.54 percent. This can be compared with the average change in earnings estimates over the past 3 months, which is 2.74 percent. Over the past 30 days, FY earnings estimates have also changed upwards by 0.41 percent. Expanding the time horizon to 3 months, the average change in fiscal year estimates becomes 5.85 percent.

Investors like to see analysts making revisions in the same direction, as that raises confidence in the revisions. Over the past month, 1 analysts increased their quarterly estimates, while 0 analysts revised their estimates downwards. During this time, 1 analysts made positive revisions in their estimates for this fiscal year's earnings, while 0 analysts made negative revisions to their fiscal year's estimates.

The growth rate of KMX's earnings is estimated by analysts to be 6.65 percent. Another measure frequently examined by investors is the PEG ratio. Investors like to see smaller values for the PEG ratio, because that is often interpreted as the company being fairly priced relative to its growth rate. Many investors consider PEG ratios between 0 and 1 as preferrable, but many choose to perform ratio comparisons with other companies in the industry. KMX has a PEG ratio of 2.87.

KMX has a 52-week high of 69.11 and a 52-week low of 47.50. Currently the stock is 40.61 percent higher than its low, and below the high by 3.36 percent. KMX has a P/E ratio of 19.08. Investors typically compare the P/E ratio to a company's peers in the industry. The KMX value stock report compares KMX to some of its peers using value stock charts. The stock has a market capitalization of $12.18 billion. KMX will post this quarters earnings in days, on 0000-00-00.