What is William Blair’s Estimate for CarMax FY2025 Earnings?

CarMax, Inc. (NYSE:KMX) – Analysts at William Blair lifted their FY2025 EPS estimates for shares of CarMax in a report issued on Thursday, December 19th. William Blair analyst S. Zackfia now anticipates that the company will post earnings of $3.28 per share for the year, up from their previous forecast of $3.05. The consensus estimate for CarMax’s current full-year earnings is $3.01 per share. William Blair also issued estimates for CarMax’s Q4 2025 earnings at $0.65 EPS, Q1 2026 earnings at $1.26 EPS, Q2 2026 earnings at $1.00 EPS, Q3 2026 earnings at $0.76 EPS, Q4 2026 earnings at $0.76 EPS, FY2026 earnings at $3.78 EPS and FY2027 earnings at $4.36 EPS.

Several other research analysts also recently weighed in on KMX. Mizuho upped their price target on shares of CarMax from $72.00 to $80.00 and gave the stock a “neutral” rating in a research report on Friday. Wedbush reissued an “outperform” rating and set a $95.00 target price on shares of CarMax in a report on Wednesday, October 16th. Truist Financial lifted their price target on CarMax from $72.00 to $88.00 and gave the stock a “hold” rating in a research note on Friday. Royal Bank of Canada boosted their price target on CarMax from $92.00 to $99.00 and gave the stock an “overweight” rating in a research report on Thursday. Finally, Needham & Company LLC raised their price objective on CarMax from $90.00 to $98.00 and gave the company a “buy” rating in a report on Friday. Three equities research analysts have rated the stock with a sell rating, six have issued a hold rating and six have assigned a buy rating to the stock. According to MarketBeat, the company currently has an average rating of “Hold” and a consensus target price of $85.17.

CarMax Stock Performance

NYSE:KMX opened at $84.27 on Monday. The company has a fifty day moving average of $79.01 and a two-hundred day moving average of $77.69. CarMax has a fifty-two week low of $65.83 and a fifty-two week high of $91.25. The stock has a market capitalization of $13.06 billion, a PE ratio of 31.68, a P/E/G ratio of 1.76 and a beta of 1.71. The company has a debt-to-equity ratio of 2.93, a quick ratio of 0.68 and a current ratio of 2.25.

CarMax (NYSE:KMX) last released its quarterly earnings results on Thursday, December 19th. The company reported $0.81 earnings per share for the quarter, topping analysts’ consensus estimates of $0.62 by $0.19. CarMax had a return on equity of 6.83% and a net margin of 1.61%. The company had revenue of $6.22 billion during the quarter, compared to analysts’ expectations of $6.05 billion. During the same quarter in the prior year, the firm posted $0.52 EPS. CarMax’s quarterly revenue was up 1.2% compared to the same quarter last year.

Institutional Trading of CarMax

Several hedge funds have recently made changes to their positions in KMX. Quarry LP lifted its holdings in CarMax by 78.6% in the second quarter. Quarry LP now owns 418 shares of the company’s stock valued at $31,000 after acquiring an additional 184 shares during the last quarter. Catalyst Capital Advisors LLC purchased a new stake in CarMax in the third quarter valued at $32,000. True Wealth Design LLC lifted its stake in shares of CarMax by 4,844.4% in the 3rd quarter. True Wealth Design LLC now owns 445 shares of the company’s stock valued at $34,000 after purchasing an additional 436 shares during the last quarter. Studio Investment Management LLC grew its holdings in shares of CarMax by 176.7% during the 2nd quarter. Studio Investment Management LLC now owns 523 shares of the company’s stock worth $38,000 after purchasing an additional 334 shares during the period. Finally, Larson Financial Group LLC increased its position in shares of CarMax by 91.9% during the 3rd quarter. Larson Financial Group LLC now owns 737 shares of the company’s stock worth $57,000 after purchasing an additional 353 shares during the last quarter.

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.