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.