America’s Car-Mart (CRMT) Given Daily Media Impact Rating of 0.10
Media headlines about America’s Car-Mart (NASDAQ:CRMT) have been trending somewhat positive recently, Accern Sentiment reports. The research firm identifies negative and positive media coverage by monitoring more than 20 million blog and news sources. Accern ranks coverage of public companies on a scale of -1 to 1, with scores nearest to one being the most favorable. America’s Car-Mart earned a media sentiment score of 0.10 on Accern’s scale. Accern also gave press coverage about the company an impact score of 46.6476824431896 out of 100, indicating that recent media coverage is somewhat unlikely to have an effect on the stock’s share price in the near future.
Here are some of the media stories that may have impacted Accern Sentiment’s rankings:
- America’s Car-Mart, Inc. (CRMT) Given Hold Rating at Jefferies Group LLC (americanbankingnews.com)
- Edited Transcript of CRMT earnings conference call or presentation 18-Aug-17 3:00pm GMT (finance.yahoo.com)
- Investor Network: America’s Car-Mart, Inc. to Host Earnings Call (finance.yahoo.com)
- America’s Car-Mart, Inc. (CRMT) Announces Earnings Results (americanbankingnews.com)
- America’s Car-Mart Reports Diluted Earnings per Share of $.90 on Revenues of $146 Million and Announces Future CEO Transition (finance.yahoo.com)
Several equities research analysts have commented on the stock. Zacks Investment Research cut shares of America’s Car-Mart from a “buy” rating to a “hold” rating in a research report on Wednesday, June 14th. Jefferies Group LLC restated a “hold” rating and set a $36.00 price objective on shares of America’s Car-Mart in a report on Friday, May 12th.
Shares of America’s Car-Mart (NASDAQ CRMT) traded up 3.66% during midday trading on Friday, reaching $38.25. The company’s stock had a trading volume of 74,559 shares. America’s Car-Mart has a 12 month low of $30.20 and a 12 month high of $47.75. The company has a 50-day moving average price of $38.15 and a 200-day moving average price of $36.99. The firm has a market cap of $288.44 million, a price-to-earnings ratio of 15.26 and a beta of 0.94.
America’s Car-Mart (NASDAQ:CRMT) last posted its quarterly earnings results on Thursday, August 17th. The company reported $0.90 earnings per share for the quarter, meeting the Zacks’ consensus estimate of $0.90. The firm had revenue of $146.40 million during the quarter, compared to the consensus estimate of $153.05 million. America’s Car-Mart had a return on equity of 8.72% and a net margin of 3.41%. The business’s revenue was up .4% compared to the same quarter last year. During the same period last year, the company earned $0.87 earnings per share. Equities analysts expect that America’s Car-Mart will post $3.06 earnings per share for the current year.
In other America’s Car-Mart news, major shareholder Magnolia Capital Fund, Lp bought 24,607 shares of America’s Car-Mart stock in a transaction dated Wednesday, May 31st. The stock was bought at an average cost of $35.75 per share, for a total transaction of $879,700.25. The purchase was disclosed in a legal filing with the SEC, which is available at the SEC website. Also, CEO William H. Henderson sold 1,608 shares of America’s Car-Mart stock in a transaction that occurred on Thursday, May 25th. The stock was sold at an average price of $38.09, for a total value of $61,248.72. Following the transaction, the chief executive officer now owns 89,298 shares of the company’s stock, valued at $3,401,360.82. The disclosure for this sale can be found here. Over the last quarter, insiders have bought 68,700 shares of company stock valued at $2,531,007 and have sold 28,108 shares valued at $1,061,151. Insiders own 11.70% of the company’s stock.
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About America’s Car-Mart
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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