Americas Car Mart, Inc (CRMT)’s Day in Review: Closing at 46.82, Down by -2.64

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After finishing at $48.09 in the prior trading day, Americas Car Mart, Inc (NASDAQ: CRMT) closed at $46.82, down -2.64%. In other words, the price has decreased by -$2.64 from its previous closing price. On the day, 87398.0 shares were traded. CRMT stock price reached its highest trading level at $47.55 during the session, while it also had its lowest trading level at $46.52.

Ratios:

Our goal is to gain a better understanding of CRMT by taking a closer look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 7.10 and its Current Ratio is at 7.77. In the meantime, Its Debt-to-Equity ratio is 1.51 whereas as Long-Term Debt/Eq ratio is at 1.49.

Upgrades & Downgrades

In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for this company, Stephens on November 13, 2024, initiated with a Equal-Weight rating and assigned the stock a target price of $50.

Insider Transactions:

The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Sep 19 ’24 when MORRIS DAWN C bought 116 shares for $43.00 per share. The transaction valued at 4,988 led to the insider holds 2,562 shares of the business.

Peterson Adam K bought 813,953 shares of CRMT for $34,999,979 on Sep 19 ’24. The 10% Owner now owns 1,582,363 shares after completing the transaction at $43.00 per share. On Sep 19 ’24, another insider, WELCH JOSHUA G, who serves as the Director of the company, bought 23,255 shares for $43.00 each. As a result, the insider paid 999,965 and bolstered with 148,955 shares of the company.

Valuation Measures:

Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, CRMT now has a Market Capitalization of 386387200 and an Enterprise Value of 1187810176. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.28 while its Price-to-Book (P/B) ratio in mrq is 0.70. Its current Enterprise Value per Revenue stands at 0.867 whereas that against EBITDA is 39.296.

Stock Price History:

Over the past 52 weeks, CRMT has reached a high of $74.10, while it has fallen to a 52-week low of $37.98. The 50-Day Moving Average of the stock is -1.12%, while the 200-Day Moving Average is calculated to be -14.29%.

Shares Statistics:

The stock has traded on average 111.40K shares per day over the past 3-months and 74170 shares per day over the last 10 days, according to various share statistics. A total of 8.25M shares are outstanding, with a floating share count of 7.67M. Insiders hold about 7.02% of the company’s shares, while institutions hold 86.41% stake in the company. Shares short for CRMT as of 1731628800 were 852197 with a Short Ratio of 7.31, compared to 1728950400 on 938056. Therefore, it implies a Short% of Shares Outstanding of 852197 and a Short% of Float of 14.499999999999998.

Earnings Estimates

The current market rating for Americas Car Mart, Inc (CRMT) reflects the collective analysis of 5.0 analysts closely monitoring its performance.The consensus estimate for the next quarter is $0.83, with high estimates of $1.16 and low estimates of $0.43.

Analysts are recommending an EPS of between $1.91 and $1.35 for the fiscal current year, implying an average EPS of $1.54. EPS for the following year is $3.47, with 5.0 analysts recommending between $4.36 and $2.38.

Revenue Estimates

3 analysts predict $282.83M in revenue for the current quarter. It ranges from a high estimate of $301.7M to a low estimate of $259.68M. As of the current estimate, Americas Car Mart, Inc’s year-ago sales were $299.61MFor the next quarter, 3 analysts are estimating revenue of $343.78M. There is a high estimate of $367.28M for the next quarter, whereas the lowest estimate is $310.06M.

A total of 3 analysts have provided revenue estimates for CRMT’s current fiscal year. The highest revenue estimate was $1.36B, while the lowest revenue estimate was $1.13B, resulting in an average revenue estimate of $1.28B. In the same quarter a year ago, actual revenue was $1.39BBased on 4 analysts’ estimates, the company’s revenue will be $1.36B in the next fiscal year. The high estimate is $1.45B and the low estimate is $1.21B.

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