Oppenheimer analyst Brian Nagel maintained a Buy rating on Carmax Inc on Monday, setting a price target of $153, which is approximately 17.70% above the present share price of $129.99.
Nagel expects Carmax Inc to post earnings per share (EPS) of $1.29 for the second quarter of 2021.
The current consensus among 7 TipRanks analysts is for a Strong Buy rating of shares in CarMax (NYSE:KMX), with an average price target of $146.
The analysts price targets range from a high of $154 to a low of $135.
In its latest earnings report, released on 02/28/2021, the company reported a quarterly revenue of $5.16 billion and a net profit of $39.27 million. The company's market cap is $21.21 billion.
According to TipRanks.com, Oppenheimer analyst Brian Nagel is currently ranked with 5 stars on a 0-5 stars ranking scale, with an average return of 36.9% and a 77.66% success rate.
CarMax, Inc. is as a holding company, which engages in the retail of used vehicles and wholesale vehicle auction operator. It operates through the CarMax Sales Operations and CarMax Auto Finance (CAF) business segments. The CarMax Sales Operations segment consists of all aspects of its auto merchandising and service operations. The CAF segment provides vehicle financing to customers buying retail vehicles. The company was founded by Richard L. Sharp (OTC:SHCAY) and William Austin Ligon in September 1993 and is headquartered in Richmond, VA.