News coverage about America’s Car-Mart (NASDAQ:CRMT) has been trending somewhat positive this week, Accern reports. The research firm rates the sentiment of press coverage by monitoring more than 20 million blog and news sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores closest to one being the most favorable. America’s Car-Mart earned a media sentiment score of 0.21 on Accern’s scale. Accern also assigned news articles about the company an impact score of 46.7088470185097 out of 100, indicating that recent press coverage is somewhat unlikely to have an effect on the company’s share price in the near term.
Shares of America’s Car-Mart (NASDAQ CRMT) traded up $0.75 during midday trading on Monday, hitting $42.40. The stock had a trading volume of 36,700 shares, compared to its average volume of 63,999. America’s Car-Mart has a 1-year low of $30.20 and a 1-year high of $47.75. The company has a market cap of $312.32, a P/E ratio of 16.37 and a beta of 0.94.
America’s Car-Mart (NASDAQ:CRMT) last issued its quarterly earnings results on Thursday, August 17th. The company reported $0.90 earnings per share for the quarter, meeting the Zacks’ consensus estimate of $0.90. America’s Car-Mart had a return on equity of 8.70% and a net margin of 3.41%. The business had revenue of $146.40 million during the quarter, compared to the consensus estimate of $153.05 million. During the same period in the previous year, the business earned $0.87 EPS. The business’s quarterly revenue was up .4% on a year-over-year basis. research analysts anticipate that America’s Car-Mart will post 3.09 earnings per share for the current fiscal year.
Several equities analysts recently commented on the company. Zacks Investment Research raised America’s Car-Mart from a “strong sell” rating to a “hold” rating in a research report on Monday, October 30th. Stephens assumed coverage on America’s Car-Mart in a research report on Wednesday, August 23rd. They set an “equal weight” rating and a $42.00 price target on the stock. ValuEngine lowered America’s Car-Mart from a “buy” rating to a “hold” rating in a research report on Wednesday, August 23rd. Finally, Jefferies Group LLC reaffirmed a “hold” rating and issued a $41.00 target price on shares of America’s Car-Mart in a research report on Friday, August 18th.
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In other news, Director Eddie L. Hight sold 1,859 shares of the stock in a transaction on Wednesday, September 6th. The stock was sold at an average price of $39.55, for a total value of $73,523.45. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, CEO William H. Henderson sold 6,250 shares of the company’s stock in a transaction on Friday, September 1st. The shares were sold at an average price of $37.60, for a total value of $235,000.00. Following the completion of the sale, the chief executive officer now owns 93,440 shares of the company’s stock, valued at approximately $3,513,344. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 39,870 shares of company stock valued at $1,568,668. 11.70% of the stock is owned by company insiders.
America’s Car-Mart Company Profile
America’s Car-Mart, Inc is an automotive retailer focused on the integrated auto sales and finance segment of the used car market. The Company conducts its operations through its two operating subsidiaries, America’s Car Mart, Inc (Car-Mart of Arkansas) and Colonial Auto Finance, Inc (Colonial) (Collectively, Car-Mart of Arkansas and Colonial are referred to as Car-Mart).
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