America’s Car-Mart Inc. Sets New 1-Year Low at $38.38 (CRMT)
Shares of America’s Car-Mart (NASDAQ:CRMT) hit a new 52-week low during mid-day trading on Friday, AnalystRatingsNetwork.com reports. The stock traded as low as $38.38 and last traded at $38.84, with a volume of 16,242 shares trading hands. The stock had previously closed at $39.18.
A number of research firms have recently commented on CRMT. Analysts at Zacks upgraded shares of America’s Car-Mart from an “underperform” rating to a “neutral” rating in a research note to investors on Monday. They now have a $43.50 price target on the stock. Separately, analysts at Thomson Reuters/Verus downgraded shares of America’s Car-Mart from a “hold” rating to a “sell” rating in a research note to investors on Monday, December 16th. One equities research analyst has rated the stock with a sell rating and four have issued a hold rating to the stock. The company has an average rating of “Hold” and an average target price of $42.17.
America’s Car-Mart has a one year low of $38.51 and a one year high of $50.59. The stock’s 50-day moving average is $41.90 and its 200-day moving average is $43.07. The company has a market cap of $347.6 million and a P/E ratio of 12.35.
America’s Car-Mart (NASDAQ:CRMT) last issued its quarterly earnings data on Tuesday, November 19th. The company reported $0.61 earnings per share for the quarter, missing the analysts’ consensus estimate of $0.80 by $0.19. Analysts expect that America’s Car-Mart will post $2.98 EPS for the current fiscal year.
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.
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