Oppenheimer analyst Brian Nagel maintained a Buy rating on CarMax (KMX) today. The company’s shares opened today at $65.64.
According to TipRanks.com, Nagel is a 5-star analyst with an average return of 6.8% and a 59.8% success rate. Nagel covers the Services sector, focusing on stocks such as Weight Watchers International, Dick’s Sporting Goods, and Advance Auto Parts.
CarMax has an analyst consensus of Strong Buy, with a price target consensus of $83.33.
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Based on CarMax’s latest earnings release for the quarter ending August 31, the company reported a quarterly net profit of $221 million. In comparison, last year the company had a net profit of $149 million.
Based on the recent corporate insider activity of 66 insiders, corporate insider sentiment is negative on the stock. Most recently, in October 2018, Jon Daniels, the SVP, CAF of KMX sold 16,325 shares for a total of $1,157,052.
TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.
CarMax, Inc. is as a holding company, which engages in retailing of used vehicles and wholesale vehicle auction operator. It operates through the CarMax Sales Operations and CarMax Auto Finance (CAF) segment.
