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America's Car-Mart (NASDAQ:CRMT) was upgraded by research analysts at TheStreet to a “buy” rating in a report released on Friday.

Shares of America's Car-Mart (NASDAQ:CRMT) traded down 2.74% during mid-day trading on Friday, hitting $38.28. 8,466 shares of the company’s stock traded hands. America's Car-Mart has a one year low of $34.56 and a one year high of $47.93. The stock has a 50-day moving average of $38.55 and a 200-day moving average of $37.2. The company has a market cap of $334.0 million and a P/E ratio of 17.49.

America's Car-Mart (NASDAQ:CRMT) last issued its quarterly earnings data on Tuesday, May 27th. The company reported $0.68 earnings per share for the quarter, missing the analysts’ consensus estimate of $0.78 by $0.10. The company had revenue of $123.00 million for the quarter, compared to the consensus estimate of $133.44 million. During the same quarter last year, the company posted $0.92 earnings per share. America's Car-Mart’s revenue was down 2.3% compared to the same quarter last year. On average, analysts predict that America's Car-Mart will post $2.74 earnings per share for the current fiscal year.

Separately, analysts at Bank of America initiated coverage on shares of America's Car-Mart in a research note on Friday, July 18th. They set an “underperform” rating and a $37.57 price target on the stock.

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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