Alert: Rating Downgrade (7/1/20)-America’s Car-Mart Inc (NASDAQ: CRMT).


Stock Rating Downgrade

Reflecting eroding fundamentals and low Appreciation Potential, the Value Trend Rating for America’s Car-Mart Inc (NASDAQ: CRMT) weakened in the last week. CRMT’s current Value Trend Rating is C and the prior Rating was B. Details supporting this lower rating are included in our next report.


Recent Price Action

On 7/1/20, America’s Car-Mart Inc (NASDAQ: CRMT) stock suffered a large decline of -3.7%, closing at $84.64. However, this decline was accompanied by unusually low trading volume at 65% of normal. The stock has been weak relative to the market over the last nine months and has declined -4.1% during the last week.

Current PriceTarget Research Rating

With future capital returns forecasted to exceed the cost of capital, CRMT is expected to continue to be a Value Builder.

America’s Car-Mart has a current Value Trend Rating of C (High Neutral). This rating combines consistent signals from two proprietary PTR measures of a stock’s attractiveness. America’s Car-Mart has a slightly positive Appreciation Score of 61 and a neutral Power Rating of 49, and the High Neutral Value Trend Rating results.

About John Lafferty 80827 Articles
During his career, John has developed valuation and stock rating methodologies, managed institutional portfolios and mutual funds, and provided equity research to institutional investors on thousands of companies. He has been Director of Research at PTR since its inception in 2004.

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