On 9/19/24, America’s Car-Mart Inc (NASDAQ: CRMT) stock suffered a major decline of -13.7%, closing at $43.12. Moreover, exceptionally high trading volume at 971% of normal accompanied the decline. Relative to the market the stock has been weak over the last nine months and has declined -8.2% during the last week.
Current PriceTarget Research Rating
CRMT’s future returns on capital are forecasted to be in line with the cost of capital. Accordingly, the company is expected to be Value Creation neutral.
America’s Car-Mart has a current Value Trend Rating of D (Negative). This rating combines inconsistent signals from two proprietary PTR measures of a stock’s attractiveness. America’s Car-Mart has a neutral Appreciation Score of 58 but a very low Power Rating of 14, and the Negative Value Trend Rating results.
Rating Review
In light of this highly negative price change we are reviewing our current Overall Rating of D. This review will be completed in the next several days.
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