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.

A number of analysts gave price targets for KMX. The most optimistic analyst gave a price target of 82, which equates to a potential upside of 22.77 percent. The lowest price target was 49, which equates to a potential downside of -26.64 percent. One must be careful with overanalyzing price targets and ratings due to possible conflicts of interest among the analysts releasing them.

Over the past month, analysts have revised their estimates for this quarter's earnings, with a net average change of 0.54 percent. That number becomes 2.74 percent if we expand the time horizon to include the past 3 months instead of just one. On the other hand, earnings estimates for the fiscal year have been revised upwards by 0.41 percent, as compared to a month ago. If we look at the last 90 days instead, we find a net average change of 5.85 percent in FY estimates.

People are often interested in whether analysts were united in the direction of their revisions. 1 analysts have revised their quarterly estimates upwards in the past 30 days, which can be compared to the 0 analysts that decreased their estimates. Over the same time period, 1 analysts revised their FY earnings estimates upwards, compared to 0 analysts that revised their FY estimates downwards.

KMX has an estimated earnings growth rate of 6.65 percent as forecasted by analysts. People on Wall Street often look at a company's PEG ratio. A lower PEG ratio is favorable, as that can indicate whether the high price level of a stock is warranted by high growth. PEG ratios below 1 are often considered desirable, even though it may be more relevant to compare the ratio to that of a firm's competitors. The PEG ratio of KMX is 2.87.

KMX has a 52-week high of 69.11 and a 52-week low of 47.50. Today's price is 40.61 percent above the 52-week low, and 3.36 percent lower than its 52-week high. 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.