Eubel Brady & Suttman Asset Management Inc. Has $14.80 Million Stock Position in CarMax, Inc. $KMX

Eubel Brady & Suttman Asset Management Inc. lowered its position in CarMax, Inc. (NYSE:KMXFree Report) by 5.8% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 382,955 shares of the company’s stock after selling 23,702 shares during the quarter. CarMax makes up about 1.7% of Eubel Brady & Suttman Asset Management Inc.’s investment portfolio, making the stock its 29th largest holding. Eubel Brady & Suttman Asset Management Inc. owned 0.27% of CarMax worth $14,797,000 at the end of the most recent reporting period.

A number of other large investors have also recently added to or reduced their stakes in KMX. Arrowstreet Capital Limited Partnership lifted its stake in CarMax by 73.7% in the third quarter. Arrowstreet Capital Limited Partnership now owns 3,522,923 shares of the company’s stock valued at $158,074,000 after acquiring an additional 1,494,205 shares during the last quarter. Vulcan Value Partners LLC lifted its stake in CarMax by 135.2% in the third quarter. Vulcan Value Partners LLC now owns 2,328,120 shares of the company’s stock valued at $104,569,000 after acquiring an additional 1,338,134 shares during the last quarter. Hawk Ridge Capital Management LP acquired a new stake in CarMax in the third quarter valued at $43,702,000. Dimensional Fund Advisors LP increased its position in CarMax by 33.2% during the third quarter. Dimensional Fund Advisors LP now owns 3,685,201 shares of the company’s stock worth $165,358,000 after buying an additional 918,553 shares during the last quarter. Finally, Worldquant Millennium Advisors LLC increased its position in CarMax by 222.2% during the second quarter. Worldquant Millennium Advisors LLC now owns 853,964 shares of the company’s stock worth $57,395,000 after buying an additional 588,901 shares during the last quarter.

CarMax Trading Down 2.9%

KMX stock opened at $36.99 on Friday. The company has a debt-to-equity ratio of 2.93, a quick ratio of 0.49 and a current ratio of 2.20. The company’s 50-day simple moving average is $41.01 and its 200 day simple moving average is $41.20. CarMax, Inc. has a 52 week low of $30.26 and a 52 week high of $71.99. The company has a market capitalization of $5.25 billion, a PE ratio of 23.12, a price-to-earnings-growth ratio of 1.40 and a beta of 1.19.

CarMax (NYSE:KMXGet Free Report) last released its quarterly earnings results on Tuesday, April 14th. The company reported $0.34 EPS for the quarter, beating the consensus estimate of $0.22 by $0.12. CarMax had a net margin of 0.96% and a return on equity of 7.00%. The business had revenue of $5.95 billion for the quarter, compared to the consensus estimate of $5.65 billion. During the same period in the prior year, the company posted $0.58 earnings per share. CarMax’s revenue was down 1.0% compared to the same quarter last year. As a group, sell-side analysts anticipate that CarMax, Inc. will post 2.3 earnings per share for the current year.

Wall Street Analyst Weigh In

A number of brokerages have weighed in on KMX. JPMorgan Chase & Co. boosted their price target on CarMax from $28.00 to $35.00 and gave the stock an “underweight” rating in a research report on Wednesday, April 15th. Stephens raised their price target on CarMax from $39.00 to $43.00 and gave the company an “equal weight” rating in a report on Thursday, April 2nd. Wall Street Zen downgraded CarMax from a “hold” rating to a “sell” rating in a report on Saturday, April 18th. Weiss Ratings reaffirmed a “sell (d)” rating on shares of CarMax in a report on Wednesday, April 8th. Finally, Robert W. Baird raised their price target on CarMax from $44.00 to $48.00 and gave the company an “outperform” rating in a report on Wednesday, February 18th. One investment analyst has rated the stock with a Buy rating, thirteen have issued a Hold rating and five have given a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company presently has an average rating of “Reduce” and a consensus target price of $41.21.

Check Out Our Latest Report on KMX

CarMax Company Profile

(Free Report)

CarMax (NYSE: KMX) is a leading retailer of used vehicles in the United States, offering customers a streamlined, no-haggle purchasing experience. The company’s inventory spans a broad range of makes and models, each of which undergoes a comprehensive inspection process before being offered for sale. Customers can shop in person at CarMax’s retail locations or browse the company’s online platform, which provides detailed vehicle histories, virtual tours and contactless purchasing options.

Originally launched in 1993 as a division of Circuit City, CarMax became an independent, publicly traded company in 1997.

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Institutional Ownership by Quarter for CarMax (NYSE:KMX)

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