Alert: Negative Investment/Fundamental Signals (8/8/24)-America’s Car-Mart Inc (NASDAQ: CRMT)

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America’s Car-Mart Inc (NASDAQ: CRMT). Extremely significant negative changes in investment behavior have recently occurred: the stock’s recent price decline challenged its longer term uptrend, and its shorter term price trend turned down.

Important negative changes in America’s Car-Mart Inc (NASDAQ: CRMT) fundamentals have recently occurred: the consensus estimate for April, 2024 decreased significantly, and the consensus estimate for April, 2025 decreased significantly.

In light of these highly negative signals we are reviewing our current Overall Rating of D. We would continue to view the shares with caution pending completion of this review in the next several days.

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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 very contradictory signals from two proprietary PTR measures of a stock’s attractiveness. America’s Car-Mart has a slightly positive Appreciation Score of 61 but a very low Power Rating of 7, with the Negative Value Trend Rating the result.

Recent Price Action

On 8/8/24, America’s Car-Mart Inc (NASDAQ: CRMT) stock increased 1.4%, closing at $59.29. However, exceptionally low trading volume at 48% of normal accompanied the advance. Relative to the market the stock has been weak over the last nine months and has declined -14.4% during the last week.

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