America’s Car-Mart Inc. (NASDAQ:CRMT) fell 1.3% on Monday . The company traded as low as $40.83 and last traded at $40.87, with a volume of 60,000 shares. The stock had previously closed at $41.40.

A number of research firms have weighed in on CRMT. Jefferies Group lifted 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. 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 reduced their target price for the company from $33.00 to $24.00 in a research note on Tuesday, May 24th. Five equities research analysts have rated the stock with a hold rating, America’s Car-Mart presently has an average rating of “Hold” and an average target price of $29.00.

The company’s 50 day moving average is $35.37 and its 200 day moving average is $27.96. The stock has a market cap of $318.99 million and a P/E ratio of 24.74.

America’s Car-Mart (NASDAQ:CRMT) last posted its quarterly earnings results on Thursday, August 18th. The company reported $0.87 earnings per share for the quarter, beating analysts’ consensus estimates 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 quarter last year, the company posted $0.52 EPS. The firm’s revenue was up 2.0% on a year-over-year basis. Analysts expect that America’s Car-Mart Inc. will post $2.70 earnings per share for the current fiscal year.

In other America’s Car-Mart news, CEO William H. Henderson sold 5,000 shares of the stock in a transaction 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 transaction, the chief executive officer now owns 81,984 shares in the company, valued at approximately $3,255,584.64. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, Director John David Simmons sold 3,750 shares of the stock in a transaction on 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 in the company, valued at approximately $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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