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

Several equities research analysts have issued reports on the stock. Jefferies Group boosted their price objective 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. Zacks Investment Research upgraded shares of America’s Car-Mart from a “strong sell” rating to a “hold” rating in a research note on Tuesday, July 26th. Finally, Sidoti downgraded shares of America’s Car-Mart from a “buy” rating to a “neutral” rating and decreased their price objective for the stock from $33.00 to $24.00 in a research note on Tuesday, May 24th. Five analysts have rated the stock with a hold rating, The stock currently has a consensus rating of “Hold” and a consensus target price of $29.00.

The firm’s 50-day moving average is $35.52 and its 200 day moving average is $28.05. The firm has a market cap of $318.99 million and a PE ratio of 24.74.

America’s Car-Mart (NASDAQ:CRMT) last announced its quarterly earnings data on Thursday, August 18th. The company reported $0.87 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of $0.46 by $0.41. The firm had revenue of $145.80 million for the quarter, compared to the consensus estimate of $154.36 million. During the same period in the prior year, the firm posted $0.52 earnings per share. The business’s revenue for the quarter was up 2.0% compared to the same quarter last year. On average, equities research analysts expect that America’s Car-Mart Inc. will post $2.70 EPS for the current year.

In other news, CEO William H. Henderson sold 7,500 shares of the business’s stock in a transaction dated Monday, August 29th. The stock was sold at an average price of $39.86, for a total transaction of $298,950.00. Following the completion of the transaction, the chief executive officer now directly owns 84,484 shares in the company, valued at approximately $3,367,532.24. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, Director John David Simmons sold 3,750 shares of the business’s stock in a transaction dated Monday, August 22nd. The stock was sold at an average price of $36.80, for a total value of $138,000.00. Following the transaction, the director now owns 17,129 shares of the company’s stock, valued at $630,347.20. 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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