Shares of America’s Car-Mart Inc. (NASDAQ:CRMT) traded down 1.8% on Monday . The company traded as low as $36.34 and last traded at $39.60, with a volume of 68,590 shares changing hands. The stock had previously closed at $40.33.

A number of analysts recently weighed in on the stock. Jefferies Group raised their price target on shares of America’s Car-Mart from $22.00 to $37.00 and gave the company a “hold” rating in a report on Monday, August 22nd. Zacks Investment Research raised shares of America’s Car-Mart from a “strong sell” rating to a “hold” rating in a report on Tuesday, July 26th. Finally, Sidoti lowered shares of America’s Car-Mart from a “buy” rating to a “neutral” rating and lowered their price target for the company from $33.00 to $24.00 in a report on Tuesday, May 24th. Five equities research analysts have rated the stock with a hold rating, America’s Car-Mart presently has a consensus rating of “Hold” and a consensus target price of $29.00.

The stock’s 50-day moving average price is $34.56 and its 200 day moving average price is $27.66. The firm has a market cap of $309.08 million and a PE ratio of 23.97.

America’s Car-Mart (NASDAQ:CRMT) last posted its quarterly earnings data on Thursday, August 18th. The company reported $0.87 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $0.46 by $0.41. The business earned $145.80 million during the quarter, compared to the consensus estimate of $154.36 million. During the same period in the prior year, the firm earned $0.52 EPS. The business’s revenue for the quarter was up 2.0% on a year-over-year basis. Equities analysts predict that America’s Car-Mart Inc. will post $2.70 EPS for the current year.

In other news, Director John David Simmons sold 3,750 shares of the company’s stock in a transaction that occurred on Wednesday, August 24th. The shares were sold at an average price of $40.00, for a total transaction of $150,000.00. Following the completion of the sale, the director now owns 17,129 shares of the company’s stock, valued at approximately $685,160. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, CEO William H. Henderson sold 5,000 shares of the company’s stock in a transaction that occurred on Tuesday, August 23rd. The stock was sold at an average price of $39.71, for a total transaction of $198,550.00. Following the sale, the chief executive officer now directly owns 81,984 shares of the company’s stock, valued at approximately $3,255,584.64. The disclosure for this sale can be found here.

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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