America’s Car-Mart Inc (NASDAQ: CRMT) has reported E.P.S. of $-0.15 for its first fiscal quarter (ending July 31) versus $0.65 for the same period a year ago — a decline of -123%. For the latest four quarters through July 31, E.P.S. were $-5.72 compared to $1.71 a year ago — a decline of -435%.
Recent Price Action
America’s Car-Mart Inc (NASDAQ: CRMT) stock closed at $50.34 on 9/4/24 after a major decline of -15.7%. Moreover, exceptionally high trading volume at 693% of normal accompanied the decline. The stock has declined -19.0% during the last week and has been weak relative to the market over the last nine months.
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). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing contradictory signals. America’s Car-Mart has a slightly positive Appreciation Score of 61 but a poor Power Rating of 16, resulting in the Negative Value Trend Rating.
Rating Review
In light of this new information and 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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