Media headlines about America’s Car-Mart (NASDAQ:CRMT) have been trending positive this week, AlphaOne Sentiment reports. AlphaOne, a service of Accern, scores the sentiment of media coverage by analyzing more than twenty million blog and news sources in real time. AlphaOne ranks coverage of public companies on a scale of negative one to one, with scores closest to one being the most favorable. America’s Car-Mart earned a media sentiment score of 0.44 on AlphaOne’s scale. AlphaOne also gave news articles about the company an impact score of 65 out of 100, meaning that recent media coverage is somewhat likely to have an effect on the company’s share price in the next few days.
Here are some of the media stories that may have impacted Alpha One Sentiment Analysis’s rankings:
- America’s Car-Mart (CRMT) vs. Group 1 Automotive (GPI) Critical Analysis (americanbankingnews.com)
- Today Americas Car Mart Incorporated (NASDAQ:CRMT) Reported Increase in Shorted Shares (campdesrecrues.com)
- America’s Car-Mart, Inc. (CRMT) Upgraded at Zacks Investment Research (americanbankingnews.com)
- America’s Car-Mart, Inc. :CRMT-US: Earnings Analysis: Q4, 2017 By the Numbers : June 15, 2017 (finance.yahoo.com)
- Zacks Investment Research Downgrades America’s Car-Mart, Inc. (CRMT) to Hold (americanbankingnews.com)
Shares of America’s Car-Mart (CRMT) remained flat at $37.90 during mid-day trading on Friday. 65,606 shares of the stock traded hands. The stock has a market capitalization of $288.34 million, a PE ratio of 15.22 and a beta of 0.88. America’s Car-Mart has a 12 month low of $24.83 and a 12 month high of $47.75. The company has a 50-day moving average of $36.82 and a 200 day moving average of $38.90.
America’s Car-Mart (NASDAQ:CRMT) last released its quarterly earnings results on Monday, May 22nd. The company reported $0.66 EPS for the quarter, topping the consensus estimate of $0.62 by $0.04. The business had revenue of $152.90 million during the quarter, compared to analyst estimates of $158.24 million. America’s Car-Mart had a net margin of 3.43% and a return on equity of 8.82%. The company’s quarterly revenue was down 1.2% on a year-over-year basis. During the same quarter in the prior year, the firm earned $0.40 earnings per share. On average, equities analysts forecast that America’s Car-Mart will post $3.13 EPS for the current year.
CRMT has been the topic of several analyst reports. Zacks Investment Research raised shares of America’s Car-Mart from a “hold” rating to a “buy” rating and set a $44.00 target price on the stock in a report on Thursday, May 25th. Jefferies Group LLC lifted their target price on shares of America’s Car-Mart from $36.00 to $41.00 and gave the company a “hold” rating in a report on Thursday, May 25th.
In related news, major shareholder Magnolia Capital Fund, Lp bought 24,607 shares of the firm’s stock in a transaction that occurred on Wednesday, May 31st. The stock was purchased at an average price of $35.75 per share, for a total transaction of $879,700.25. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. Also, CEO William H. Henderson sold 20,000 shares of the stock in a transaction dated Monday, April 24th. The shares were sold at an average price of $35.00, for a total transaction of $700,000.00. Following the completion of the transaction, the chief executive officer now owns 96,984 shares of the company’s stock, valued at approximately $3,394,440. The disclosure for this sale can be found here. Corporate insiders own 14.00% of the company’s stock.
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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