America’s Car-Mart (CRMT) Given Media Impact Rating of 0.03
Headlines about America’s Car-Mart (NASDAQ:CRMT) have trended somewhat positive this week, Accern Sentiment Analysis reports. The research firm rates the sentiment of media coverage by analyzing more than 20 million blog and news sources in real time. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores closest to one being the most favorable. America’s Car-Mart earned a media sentiment score of 0.03 on Accern’s scale. Accern also gave press coverage about the company an impact score of 45.1558217915179 out of 100, indicating that recent media coverage is somewhat unlikely to have an effect on the company’s share price in the immediate future.
These are some of the news stories that may have effected Accern’s analysis:
- ETFs with exposure to America’s Car-Mart, Inc. : October 12, 2017 (finance.yahoo.com)
- 13G Filing: Bares Capital Management and Americas Carmart Inc (CRMT) (insidermonkey.com)
- America’s Car-Mart, Inc. (CRMT) Expected to Post Quarterly Sales of $150.29 Million (americanbankingnews.com)
- $0.82 Earnings Per Share Expected for America’s Car-Mart, Inc. (CRMT) This Quarter (americanbankingnews.com)
CRMT has been the topic of a number of recent research reports. ValuEngine cut America’s Car-Mart from a “buy” rating to a “hold” rating in a report on Wednesday, August 23rd. Zacks Investment Research cut America’s Car-Mart from a “buy” rating to a “hold” rating in a report on Tuesday, August 22nd. Stephens initiated coverage on America’s Car-Mart in a report on Wednesday, August 23rd. They issued an “equal weight” rating and a $42.00 target price on the stock. Finally, Jefferies Group LLC restated a “hold” rating and issued a $41.00 target price on shares of America’s Car-Mart in a report on Friday, August 18th. Four analysts have rated the stock with a hold rating and one has given a buy rating to the stock. America’s Car-Mart presently has a consensus rating of “Hold” and an average price target of $41.50.
Shares of America’s Car-Mart (CRMT) traded down 0.12% during mid-day trading on Thursday, hitting $42.05. The stock had a trading volume of 65,361 shares. America’s Car-Mart has a 12-month low of $30.20 and a 12-month high of $47.75. The stock’s 50-day moving average price is $40.31 and its 200-day moving average price is $38.04. The stock has a market capitalization of $309.70 million, a price-to-earnings ratio of 16.78 and a beta of 0.97.
America’s Car-Mart (NASDAQ:CRMT) last issued its earnings results on Thursday, August 17th. The company reported $0.90 EPS for the quarter, meeting the consensus estimate of $0.90. The company had revenue of $146.40 million during the quarter, compared to analysts’ expectations of $153.05 million. America’s Car-Mart had a net margin of 3.41% and a return on equity of 8.70%. The business’s revenue for the quarter was up .4% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.87 EPS. On average, equities analysts anticipate that America’s Car-Mart will post $3.07 EPS for the current fiscal year.
In related news, CEO William H. Henderson sold 6,250 shares of the company’s stock in a transaction on Monday, October 2nd. The shares were sold at an average price of $40.65, for a total value of $254,062.50. Following the completion of the sale, the chief executive officer now owns 93,440 shares in the company, valued at approximately $3,798,336. The transaction was disclosed in a filing with the SEC, which is available through this link. Also, major shareholder Magnolia Capital Fund, Lp acquired 19,000 shares of the stock in a transaction that occurred on Tuesday, July 25th. The stock was purchased at an average price of $37.71 per share, with a total value of $716,490.00. The disclosure for this purchase can be found here. In the last 90 days, insiders purchased 53,756 shares of company stock valued at $2,005,932 and sold 46,120 shares valued at $1,811,480. 11.70% of the stock is owned by corporate insiders.
America’s Car-Mart Company Profile
America’s Car-Mart, Inc is an automotive retailer 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 (Car-Mart of Arkansas) and Colonial Auto Finance, Inc (Colonial) (Collectively, Car-Mart of Arkansas and Colonial are referred to as Car-Mart).
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