America’s Car-Mart Inc. (NASDAQ:CRMT) shares hit a new 52-week high during trading on Thursday . The stock traded as high as $41.29 and last traded at $40.81, with a volume of 82,758 shares. The stock had previously closed at $39.14.

Several research analysts have recently commented on CRMT shares. Jefferies Group increased their price target on shares of America’s Car-Mart from $22.00 to $37.00 and gave the stock a “hold” rating in a research note on Monday, August 22nd. Sidoti lowered shares of America’s Car-Mart from a “buy” rating to a “neutral” rating and lowered their target price for the company from $33.00 to $24.00 in a research note on Tuesday, May 24th. Finally, Zacks Investment Research lowered shares of America’s Car-Mart from a “hold” rating to a “sell” rating in a research note on Wednesday, May 25th. Five investment analysts have rated the stock with a hold rating, The company presently has an average rating of “Hold” and a consensus target price of $29.00.

The stock has a market cap of $321.41 million and a price-to-earnings ratio of 24.93. The stock’s 50-day moving average price is $35.02 and its 200-day moving average price is $27.86.

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

In related news, CEO William H. Henderson sold 7,500 shares of the firm’s stock in a transaction that occurred on Monday, August 29th. The shares were sold at an average price of $39.86, for a total value of $298,950.00. Following the completion of the transaction, the chief executive officer now owns 84,484 shares in the company, valued at approximately $3,367,532.24. The sale was disclosed in a document filed with the SEC, which can be accessed through this link. Also, CEO William H. Henderson sold 5,000 shares of the firm’s stock in a transaction that occurred on Tuesday, August 23rd. The shares were sold at an average price of $39.71, for a total transaction of $198,550.00. Following the completion of the transaction, the chief executive officer now 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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