America’s Car-Mart Inc (NASDAQ: CRMT) has reported E.P.S. of $-1.34 for its third fiscal quarter (ending January 31) versus $0.24 for the same period a year ago — a decline of -658%. This performance was $-0.69 short of the consensus estimate of $-0.65. For the latest four quarters through January 31, E.P.S. were $-4.66 versus $6.98 for the same period a year ago — a decline of -167%.
Recent Price Action
America’s Car-Mart Inc (NASDAQ: CRMT) stock enjoyed a very large increase of 6.7% on 3/8/24. The shares closed at $66.50. Moreover, exceptionally high trading volume at 491% of normal accompanied the advance. Relative to the market the stock has been extremely weak over the last nine months and has declined -1.2% 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 F (Lowest Rating). 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 49 but a very low Power Rating of 5, resulting in the Lowest Value Trend Rating.
Rating Review
In light of this discouraging new earnings information we are reviewing our current Overall Rating of F. This review will be completed in the next several days.
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