WallStreetZen

NYSE: KMX
Carmax Inc Stock Forecast, Predictions & Price Target

Analyst price target for KMX

Based on 7 analysts offering 12 month price targets for Carmax Inc.
Min Forecast
$120.00-16.96%
Avg Forecast
$152.29+5.39%
Max Forecast
$200.00+38.41%

Should I buy or sell KMX stock?

Based on 9 analysts offering ratings for Carmax Inc.
Buy
Strong Buy
2 analysts 22.22%
Buy
3 analysts 33.33%
Hold
4 analysts 44.44%
Sell
0 analysts 0%
Strong Sell
0 analysts 0%

KMX stock forecasts by analyst

Analyst / FirmRatingActionPrice TargetUpside/DownsideDateAnalyst Color
Guggenheim
Top 23%
78
HoldDowngradesN/AN/A2021-10-01
Anonymous
RBC Capital
BuyMaintains$156.00+7.96%2021-10-01
Bank of America
Top 22%
79
Strong BuyMaintains$200.00+38.41%2021-07-16
Stephens & Co.
Top 9%
92
Strong BuyMaintains$163.00+12.80%2021-06-28
JP Morgan
Top 28%
73
HoldMaintains$120.00-16.96%2021-06-28
Baird
Top 27%
74
BuyMaintains$140.00-3.11%2021-06-28
RBC Capital
Top 3%
98
BuyMaintains$160.00+10.73%2021-06-28
Wedbush
Top 5%
96
HoldDowngrades$130.00-10.03%2021-05-19
Oppenheimer
Top 4%
97
BuyMaintains$153.00+5.88%2021-04-09
Seaport Global
Top 29%
72
HoldDowngradesN/AN/A2021-03-31

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Forecast return on equity

Is KMX forecast to generate an efficient return?
Company
25%
Industry
159%
Market
37.06%
KMX's Return on Equity is forecast to be high in 3 years (25%); analysts are confident in the firm's ability to efficiently generate return on equity
Forecast

Forecast return on assets

Is KMX forecast to generate an efficient return on assets?
Company
5.03%
Industry
13.39%
KMX is forecast to generate lower Return on Assets (5.03%) than the US Consumer Cyclical industry average (13.39%)
Forecast

KMX earnings per share forecast

What is KMX's earnings per share in the next 3 years based on estimates from 7 analysts?
Avg 1 year Forecast
$7.46+4.19%
Avg 2 year Forecast
$7.38+3.07%
Avg 3 year Forecast
$7.58+5.87%
KMX's earnings are forecast to grow at a rate of 1.52% per year, which is not exceptional
Forecast

KMX revenue forecast

What is KMX's revenue in the next 3 years based on estimates from 6 analysts?
Avg 1 year Forecast
$30.3B+16.21%
Avg 2 year Forecast
$31.1B+19.6%
Avg 3 year Forecast
$31.2B+19.72%
KMX's revenue is forecast to grow at a rate of 6.41% per year, which is not exceptional
Forecast

KMX earnings growth forecast

How is KMX forecast to perform vs Consumer Cyclical companies and vs the US market?
Company
1.52%
Industry
14.84%
Market
14.37%
KMX's earnings are forecast to grow slower (1.52% per year) than the US Consumer Cyclical industry average (14.84%)
Forecast
KMX's earnings are forecast to grow slower (1.52% per year) than the US market average (14.37%)
Forecast
KMX's earnings are forecast to grow faster (1.52% per year) than the risk-free savings rate (1.4%)
Forecast

KMX revenue growth forecast

How is KMX forecast to perform vs Consumer Cyclical companies and vs the US market?
Company
6.41%
Industry
15.39%
Market
10.03%
KMX's revenues are forecast to grow slower (6.41% per year) than the US Consumer Cyclical industry average (15.39%)
Forecast
KMX's revenues are forecast to grow slower (6.41% per year) than the US market average (10.03%)
Forecast

Carmax Stock Forecast FAQ

Is Carmax Stock a good buy in 2021, according to Wall Street analysts?

The consensus among 9 Wall Street analysts covering (NYSE: KMX) stock is to Buy KMX stock.

Out of 9 analysts, 2 (22.22%) are recommending KMX as a Strong Buy, 3 (33.33%) are recommending KMX as a Buy, 4 (44.44%) are recommending KMX as a Hold, 0 (0%) are recommending KMX as a Sell, and 0 (0%) are recommending KMX as a Strong Sell.

What is KMX's earnings growth forecast for 2022-2024?

(NYSE: KMX) Carmax's forecast annual earnings growth rate of 1.52% is not forecast to beat the US Consumer Cyclical industry's average forecast earnings growth rate of 14.84%, and while it is not forecast to beat the US market's average forecast earnings growth rate of 14.37%.

Carmax's earnings in 2021 is $1,167,268,000.On average, 7 Wall Street analysts forecast KMX's earnings for 2022 to be $1,209,364,606, with the lowest KMX earnings forecast at $1,133,171,394, and the highest KMX earnings forecast at $1,267,725,365. On average, 7 Wall Street analysts forecast KMX's earnings for 2023 to be $1,196,395,549, with the lowest KMX earnings forecast at $1,116,960,072, and the highest KMX earnings forecast at $1,308,253,669.

In 2024, KMX is forecast to generate $1,228,818,192 in earnings, with the lowest earnings forecast at $1,219,091,399 and the highest earnings forecast at $1,233,681,589.

What is KMX's revenue growth forecast for 2022-2024?

(NYSE: KMX) Carmax's forecast annual revenue growth rate of 6.41% is not forecast to beat the US Consumer Cyclical industry's average forecast revenue growth rate of 15.39%, and while it is not forecast to beat the US market's average forecast revenue growth rate of 10.03%.

Carmax's revenue in 2021 is $26,035,159,000.On average, 6 Wall Street analysts forecast KMX's revenue for 2022 to be $4,904,861,048,334, with the lowest KMX revenue forecast at $4,782,907,327,263, and the highest KMX revenue forecast at $5,158,554,454,880. On average, 6 Wall Street analysts forecast KMX's revenue for 2023 to be $5,047,707,596,714, with the lowest KMX revenue forecast at $4,586,821,663,299, and the highest KMX revenue forecast at $5,467,138,586,476.

In 2024, KMX is forecast to generate $5,053,079,056,080 in revenue, with the lowest revenue forecast at $4,570,088,336,937 and the highest revenue forecast at $5,381,542,807,372.

What is KMX's forecast return on assets (ROA) for 2022-2024?

(NYSE: KMX) forecast ROA is 5.03%, which is lower than the forecast US Consumer Cyclical industry average of 13.39%.

What is KMX's Price Target?

According to 7 Wall Street analysts that have issued a 1 year KMX price target, the average KMX price target is $152.29, with the highest KMX stock price forecast at $200.00 and the lowest KMX stock price forecast at $120.00.

On average, Wall Street analysts predict that Carmax's share price could stay at $152.29 by Oct 1, 2022. The average Carmax stock price prediction forecasts a potential downside of N/A from the current KMX share price of $144.50.

What is KMX's Earnings Per Share (EPS) forecast for 2022-2024?

(NYSE: KMX) Carmax's current Earnings Per Share (EPS) is $7.16. On average, analysts forecast that KMX's EPS will be $7.46 for 2022, with the lowest EPS forecast at $6.99, and the highest EPS forecast at $7.82. On average, analysts forecast that KMX's EPS will be $7.38 for 2023, with the lowest EPS forecast at $6.89, and the highest EPS forecast at $8.07. In 2024, KMX's EPS is forecast to hit $7.58 (min: $7.52, max: $7.61).

What is KMX's forecast return on equity (ROE) for 2022-2024?

(NYSE: KMX) forecast ROE is 25%, which is considered strong.
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