On 11/14/23, America’s Car-Mart Inc (NASDAQ: CRMT) stock enjoyed a major increase of 10.0%, closing at $81.11. The stock has been strong relative to the market over the last nine months and has risen 9.2% during the last week.
Current PriceTarget Research Rating
Reflecting future returns on capital that are forecasted to be in line with the cost of capital, CRMT is expected to be Value Creation neutral.
America’s Car-Mart has a current Value Trend Rating of B (Positive). This rating combines highly consistent signals from two proprietary PTR measures of a stock’s attractiveness. America’s Car-Mart has a slightly positive Appreciation Score of 60 and a slightly positive Power Rating of 68, and the Positive Value Trend Rating results.
Rating Review
In light of this very positive price change we are reviewing our current Overall Rating of B. This review will be completed in the next several days.
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