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.

Many analysts weighed in on price targets for KMX. The most optimistic price target 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.

In the last 30 days, analysts have changed their quarterly earnings estimates upwards by an average 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. Over the past 30 days, FY earnings estimates have also changed upwards by 0.41 percent. 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. 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. A lower PEG ratio is favorable, as that can indicate whether the high price level of a stock is warranted by high growth. People often look for the PEG ratio to be under 1, although it is frequently more appropriate to compare PEG ratios to the company's peers. KMX has a PEG ratio of 2.87.

KMX has traded between a high of 69.11 and a low of 47.50 over the past year. Today's price is 40.61 percent above the 52-week low, and below the high by 3.36 percent. KMX has a price/earnings 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.