Wedbush Analysts Reduce Earnings Estimates for CarMax, Inc (KMX)

Lester Mason
January 20, 2018

Schaper Benz & Wise Investment Counsel Inc who had been investing in Medtronic Plc for a number of months, seems to be bullish on the $118.11 billion market cap company. About 1.16 million shares traded. DDR Corp. (NYSE:DDR) has declined 44.53% since January 19, 2017 and is downtrending. It has underperformed by 16.70% the S&P500. Prudential Financial Inc. now owns 272,325 shares of the company's stock worth $20,645,000 after purchasing an additional 15,545 shares in the last quarter. Aperio Group LLC now owns 79,277 shares of the company's stock worth $6,010,000 after buying an additional 4,767 shares in the last quarter. The company has a market cap of $12,760.00, a P/E ratio of 18.92, a price-to-earnings-growth ratio of 1.23 and a beta of 1.48. The stock increased 1.00% or $0.7 during the last trading session, reaching $70.54. About 2.72M shares traded. Nexus Investment Management Inc acquired 4,073 shares as Carmax Inc (KMX)'s stock declined 3.39%. It has outperformed by 9.47% the S&P500.

Investors sentiment decreased to 0.9 in 2017 Q3. Its down 0.13, from 1.95 in 2017Q2. 84 funds opened positions while 244 raised stakes. Tru Of Vermont accumulated 56 shares or 0% of the stock. 9,527 are owned by Deutsche National Bank & Trust Ag. Principal Gp stated it has 148,095 shares or 0% of all its holdings. State Treasurer State Of Michigan invested in 55,605 shares or 0.03% of the stock. Element Capital Management Lc owns 97,469 shares for 3.04% of their portfolio. 321.42 million shares or 4.04% more from 308.94 million shares in 2017Q2 were reported. 8,445 were accumulated by North Star Asset Mngmt. Stillwater Cap Limited Liability Corporation holds 2.46% or 121,903 shares in its portfolio. Andra Ap reported 8,900 shares. Moreover, Teachers & Annuity Association Of America has 0.03% invested in The Marcus Corporation (NYSE:MCS). Moreover, Franklin Resource has 1.47% invested in Medtronic plc (NYSE:MDT).

Among 23 analysts covering Monsanto Company (NYSE:MON), 12 have Buy rating, 0 Sell and 11 Hold. Therefore 68% are positive. Carmax Inc had 57 analyst reports since August 3, 2015 according to SRatingsIntel. The firm has "Buy" rating given on Tuesday, November 21 by Needham. The firm earned "Overweight" rating on Tuesday, December 1 by Atlantic Securities. The stock presently has an average rating of "Buy" and an average price target of $78.33.

Since September 25, 2017, it had 0 insider buys, and 6 selling transactions for $6.90 million activity. Benchmark maintained the shares of MCS in report on Friday, July 29 with "Buy" rating. The stock has "Buy" rating by Credit Suisse on Thursday, December 21. Wedbush maintained it with "Neutral" rating and $82 target in Wednesday, June 1 report. Barrington Research maintained it with "Outperform" rating and $37 target in Friday, July 28 report. (NYSE:KMX) earned "Buy" rating by RBC Capital Markets on Friday, September 22.

Investors sentiment decreased to 0.9 in Q3 2017. (NYSE:KMX). Benjamin F Edwards reported 75 shares. 91 funds opened positions while 271 raised stakes. 188.17 million shares or 4.44% less from 196.91 million shares in 2017Q2 were reported. IBC maintained CarMax Inc. (NYSE:KMX). Eaton Vance Management stated it has 0% of its portfolio in CarMax Inc. (NYSE:KMX). Old Mutual Global Invsts (Uk) Ltd has invested 0.01% of its portfolio in CarMax Inc. As of December 29, 2016, the firm operated approximately 68 movie theatres with 885 screens in Wisconsin, Illinois, Iowa, Minnesota, Missouri, Nebraska, North Dakota, and OH; and owned or managed approximately 4,992 hotel and resort rooms. It also upped Chubb Ltd stake by 6,677 shares and now owns 1.00 million shares. Vanguard Group Incorporated Inc accumulated 282,487 shares or 0% of the stock. (NYSE:KMX). Hightower Limited Liability Company reported 0.02% in CarMax Inc. Amer Rech And Mngmt Com has 600 shares for 0% of their portfolio. Dimensional Fund Advsr Limited Partnership has 605,856 shares for 0.01% of their portfolio. Forward Management Ltd has invested 0.04% of its portfolio in Monsanto Company (NYSE:MON). $478,064 worth of CarMax Inc. Dnb Asset As invested 0.71% in CarMax Inc. Livforsakringsbolaget Skandia Omsesidigt reported 3,639 shares. Nationwide Fund Advisors holds 51,940 shares.

In other CarMax news, Director Thomas J. Folliard sold 8,000 shares of the firm's stock in a transaction dated Tuesday, January 2nd. Therefore 41% are positive. On Tuesday, September 26 Daniels Jon G sold $3.72M worth of CarMax Inc. The rating was upgraded by Oppenheimer on Thursday, January 18 to "Buy". Oppenheimer downgraded the stock to "Perform" rating in Thursday, October 5 report. The company was maintained on Friday, October 27 by RBC Capital Markets. The stock has "Outperform" rating by Raymond James on Tuesday, July 26. The legal version of this piece of content can be read at (NYSE:KMX) on Friday, April 7 with "Buy" rating. Decatur Capital has invested 2.32% in CarMax Inc. $1.38 million worth of Monsanto Company (NYSE:MON) was sold by MIZELL STEVEN on Monday, October 9. The rating was downgraded by Evercore to "In-Line" on Monday, December 4. As per Friday, December 22, the company rating was maintained by Susquehanna. As per Friday, August 25, the company rating was maintained by Oppenheimer.

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