OneDigital Investment Advisors LLC Sells 1,540 Shares of CarMax, Inc. (NYSE:KMX)

OneDigital Investment Advisors LLC decreased its position in shares of CarMax, Inc. (NYSE:KMX) by 11.7% in the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 11,575 shares of the company’s stock after selling 1,540 shares during the quarter. OneDigital Investment Advisors LLC’s holdings in CarMax were worth $896,000 at the end of the most recent reporting period.

A number of other large investors have also recently bought and sold shares of the company. First Community Trust NA acquired a new position in shares of CarMax in the 2nd quarter valued at approximately $29,000. Quarry LP raised its position in CarMax by 78.6% during the second quarter. Quarry LP now owns 418 shares of the company’s stock valued at $31,000 after purchasing an additional 184 shares in the last quarter. Catalyst Capital Advisors LLC bought a new stake in CarMax during the third quarter worth $32,000. Blue Trust Inc. boosted its holdings in shares of CarMax by 134.1% in the 2nd quarter. Blue Trust Inc. now owns 501 shares of the company’s stock valued at $37,000 after purchasing an additional 287 shares in the last quarter. Finally, Studio Investment Management LLC increased its stake in shares of CarMax by 176.7% in the 2nd quarter. Studio Investment Management LLC now owns 523 shares of the company’s stock valued at $38,000 after purchasing an additional 334 shares during the last quarter.

CarMax Price Performance

CarMax stock opened at $75.29 on Wednesday. The firm has a market cap of $11.66 billion, a P/E ratio of 28.30, a P/E/G ratio of 1.59 and a beta of 1.68. The stock’s 50 day moving average is $75.07 and its 200 day moving average is $75.61. The company has a debt-to-equity ratio of 2.93, a current ratio of 2.25 and a quick ratio of 0.68. CarMax, Inc. has a one year low of $62.90 and a one year high of $88.22.

CarMax (NYSE:KMX) last posted its quarterly earnings data on Thursday, September 26th. The company reported $0.85 EPS for the quarter, missing analysts’ consensus estimates of $0.86 by ($0.01). CarMax had a net margin of 1.61% and a return on equity of 6.83%. The firm had revenue of $7.01 billion during the quarter, compared to the consensus estimate of $6.83 billion. During the same period in the prior year, the company posted $0.75 earnings per share. The company’s revenue for the quarter was down .9% compared to the same quarter last year. As a group, research analysts expect that CarMax, Inc. will post 2.99 EPS for the current year.

Analyst Ratings Changes

KMX has been the topic of several research analyst reports. Needham & Company LLC reaffirmed a “buy” rating and issued a $90.00 price objective on shares of CarMax in a research note on Wednesday, October 16th. StockNews.com raised shares of CarMax to a “sell” rating in a report on Friday, July 26th. JPMorgan Chase & Co. increased their price objective on shares of CarMax from $55.00 to $65.00 and gave the company an “underweight” rating in a research note on Thursday, September 19th. Wedbush reaffirmed an “outperform” rating and set a $95.00 target price on shares of CarMax in a research note on Wednesday, October 16th. Finally, Evercore ISI increased their price target on CarMax from $76.00 to $79.00 and gave the company an “in-line” rating in a research note on Thursday, October 17th. Four investment analysts have rated the stock with a sell rating, four have given a hold rating and six have assigned a buy rating to the company. Based on data from MarketBeat.com, the stock currently has an average rating of “Hold” and an average price target of $79.73.

CarMax 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.