America’s Car-Mart (NASDAQ: CRMT)‘s stock had its “market perform” rating restated by analysts at JMP Securities in a research report issued to clients and investors on Tuesday.
A number of other firms have also recently commented on CRMT. Analysts at Jefferies & Co. raised their price target on shares of America’s Car-Mart from $36.00 to $43.00 in a research note to investors on Wednesday, February 20th. They now have a “hold” rating on the stock. Separately, analysts at Jefferies Group reiterated a “hold” rating on shares of America’s Car-Mart in a research note to investors on Wednesday, February 20th. They now have a $43.00 price target on the stock, up previously from $36.00. Finally, 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 Tuesday, January 22nd. They now have a $42.00 price target on the stock.
One equities research analyst has rated the stock with an overweight rating, and three have given a hold rating to the company. The stock presently has an average rating of “hold” and a consensus price target of $46.00.
Shares of America’s Car-Mart traded up 1.46% during mid-day trading on Tuesday, hitting $48.51. America’s Car-Mart has a one year low of $35.81 and a one year high of $49.20. The stock’s 50-day moving average is currently $42.54. The company has a market cap of $437.2 million and a P/E ratio of 14.07.
America’s Car-Mart last announced its earnings results on Monday, February 18th. The company reported $0.84 EPS for the quarter, missing the Thomson Reuters consensus estimate of $0.87 by $0.03. The company had revenue of $119.00 million for the quarter, compared to the consensus estimate of $116.14 million. On average, analysts predict that America’s Car-Mart will post $3.36 earnings per share for the current fiscal year.
America’s Car-Mart, Inc. is an automotive retailer in the United States focused exclusively on the Buy Here/Pay Here segment of the used car market.
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