Shares of America’s Car-Mart Inc. (NASDAQ:CRMT) were up 3.5% on Monday . The stock traded as high as $33.31 and last traded at $33.28, with a volume of 77,455 shares traded. The stock had previously closed at $32.16.

Several analysts have recently weighed in on CRMT shares. Jefferies Group decreased their target price on America’s Car-Mart to $26.00 and set a “hold” rating for the company in a research report on Thursday, April 7th. Citigroup Inc. decreased their target price on America’s Car-Mart from $29.00 to $26.00 and set a “hold” rating for the company in a research report on Thursday, April 7th. Sidoti downgraded America’s Car-Mart from a “buy” rating to a “neutral” rating and decreased their target price for the stock from $33.00 to $24.00 in a research report on Tuesday, May 24th. Finally, Zacks Investment Research downgraded America’s Car-Mart from a “hold” rating to a “sell” rating in a research report on Wednesday, May 25th. One analyst has rated the stock with a sell rating and five have assigned a hold rating to the company’s stock. America’s Car-Mart currently has a consensus rating of “Hold” and a consensus price target of $29.00.

The stock has a market cap of $269.98 million and a PE ratio of 25.32. The company’s 50-day moving average is $27.96 and its 200 day moving average is $25.37.

America’s Car-Mart (NASDAQ:CRMT) last issued its quarterly earnings data on Monday, May 23rd. The company reported $0.40 EPS for the quarter, missing the Zacks’ consensus estimate of $0.58 by $0.18. The business earned $155 million during the quarter, compared to the consensus estimate of $149.13 million. America’s Car-Mart’s quarterly revenue was up 12.5% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.81 EPS. Equities research analysts forecast that America’s Car-Mart Inc. will post $2.02 EPS for the current year.

In other America’s Car-Mart news, Director Gremp Jim Von purchased 2,000 shares of the business’s stock in a transaction that occurred on Tuesday, May 24th. The shares were acquired at an average price of $21.33 per share, for a total transaction of $42,660.00. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link. Also, Director John David Simmons sold 3,750 shares of the business’s stock in a transaction dated Wednesday, June 1st. The stock was sold at an average price of $24.20, for a total value of $90,750.00. Following the completion of the transaction, the director now owns 19,979 shares in the company, valued at approximately $483,491.80. The disclosure for this sale can be found here.

An institutional investor recently raised its position in America’s Car-Mart stock. Bank of Montreal Can raised its stake in America’s Car-Mart Inc. (NASDAQ:CRMT) by 55.2% during the fourth quarter, according to its most recent 13F filing with the SEC. The firm owned 233,462 shares of the company’s stock after buying an additional 83,036 shares during the period. Bank of Montreal Can owned about 2.76% of America’s Car-Mart worth $6,232,000 as of its most recent SEC filing.

America’s Car-Mart, Inc is an automotive retailer in the United States 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, an Arkansas corporation (Car-Mart of Arkansas), and Colonial Auto Finance, Inc, an Arkansas corporation (Colonial) (Collectively, Car-Mart of Arkansas and Colonial are referred to as Car-Mart).

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