CRMT stock: buy or sell?

CRMT stock price: $92.94 1.54% At close on September 20th, 2019

Updated on:
September 20th, 2019

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Shares of America's Car-Mart closed today at $92.94 and stepped up a beatiful 1.54%.

America's Car-Mart, Inc., through its subsidiaries, operates as an automotive retailer in the United States. The company primarily sells older model used vehicles and provides financing for its customers.

Should I buy CRMT stock?

Even if you are a experienced or a novel trader, best trading results come from using an investing strategy that never leaves to random or subjective opinions when is the best moment to buy or sell stocks. Trading strategies are meant for helping you in the decision process of what stocks to choose and when is the best time to buy them. At Stocks2.com, we like to use very simple but trusted and powerful trend following trading strategies. Simple things usually work the best.

Currently, America's Car-Mart stock doesn't match any of these trading strategies, so our recommendation is not to buy.

Buy setupElegible
New all-time highNo
New 52 week highNo
Price crossing up 200d MANo
100d MA crossing up 200d MANo
This is not a selling recommendation at all, just it's not the best moment to buy if you follow any of these trading strategies.

Is America's Car-Mart stock a buy?

Financial institutions and banks post stock ratings everyday. At Stocks2.com, we collected 3 ratings published for CRMT stock in the last month.

Is CRMT a good stock to buy?
DateAnalyst / BrokerPrevious ratingCurrent rating
2019-8-19Buckingham Researchn/aBuy
2019-3-28Buckingham Researchn/aBuy
2019-2-26Bank of AmericaBuyBuy

CRMT stock analysis

Daily outlook

America's Car-Mart shares stepped up 1.54% to $92.94 today.

America's Car-Mart stepped up a beatiful 1.54% and closed at $92.94. CRMT is retaking the upward trend marking a new rising bottom heading to break out over $94.86. In the last 11 days when CRMT stock price broke up the SMA100d line, it gained $5.89 (6.77%).

CRMT stock chart (daily)

Weekly outlook

After boosting a dazzling 7.76% in a week last week, America's Car-Mart closed this week at $92.94 and decreased an ugly -1.52%. By mid August CRMT plunged a scary -8.17% in just one week.

Having descending tops is not good news for traders invested in America's Car-Mart. Although it's only a warning signal, traders should be on alert during next weeks to identify possible new signals. It's important CRMT stock price keeps the level, and maybe bounce up from there forming a double bottom configuration. Far behind is the all-time high America's Car-Mart marked late April and since then the price is -10.68% below that top. Early February CRMT price bounced up over the SMA of 40 weeks that acted as support stopping new slides. Since this week when SMA10w and SMA20w crossed up, CRMT price slipped $-1.43 per share (-1.52%).

CRMT stock chart (weekly)

CRMT stock price history

CRMT stock went public on March 13th, 1987 with a price of $1.831. Since then, CRMT stock surged a 4,978.70%, with a yearly average of 155.60%. If you had invested right after CRMT's IPO a $1,000 in CRMT stock in 1987, it would worth $49,787.00 today.

1: Adjusted price after possible price splits or reverse-splits.

CRMT stock historical price chart

CRMT stock reached all-time highs on April with a price of $104.05.

CRMT stock price target is $108.00

Nobody can reliably foresee how stock prices may evolve in the future. However, financial institutions invest time and resources to provide the most accurated estimations to help investors to make their decisions. We do not recommend to follow these stock price predictions without a critical thinking from your side, as their accuracy is usually low. We have 3 price predictions for America's Car-Mart stock published in the last 30 days:
CRMT stock price predictions
DateAnalyst / BrokerActionPrevious targetCurrent targetDiff
2019-8-19Buckingham ResearchRaises Target$105.00$111.005.7%
2019-3-28Buckingham ResearchInitiatesn/a$103.00-
2019-2-26Bank of AmericaReiterates$102.00$110.007.8%
(in average)$103.50$108.004.0%
The price prediction for America's Car-Mart stock is $108.00, moving in a range between $111.00 and $103.00. In average, analysts' outlook on CRMT price target is positive, upgrading the prediction by a 4.00% from previous estimations.

Financials and fundamental analysis

Earnings date and Earnings per Share

On February, America's Car-Mart presented its financial report, posting an amazing gain for the Earnings per Share (EPS) ratio. Analyst expected $1.02 per share, but America's Car-Mart posted $1.55.
CRMT earnings date and EPS evolution
QuarterReporting dateEstimated EPSActual EPSSurprise
2017-Q2-n/a0.72n/a
2017-Q3-n/a0.9n/a
2017-Q42017-11-160.790.790.0%
2018-Q12018-02-190.540.611.1%
2018-Q22018-05-210.991.4344.4%
2018-Q32018-08-161.191.5328.6%
2018-Q42018-11-151.11.5843.6%
2019-Q12019-02-191.021.5552.0%
2019-Q2-n/an/an/a
2019-Q3-n/an/an/a

Annual financial results

In 2018, America's Car-Mart annual turnover remained stable a tight 0.00% to $612.20 million dollars from $612.20 marked in 2018. When comparing 2018 vs 2018, in the same way, profit margin (that is, the net income divided by revenues) remained stable a 0.00% to 5.96%.

To have an up to date view of the financial situation of America's Car-Mart, we have calculated the trailing twelve month (TTM) sales and income figures. TTM values are the sum of the last 4 quarters and aproximate to an annual fiscal report ending in 2019-Q1 that can be compared to 2018 fiscal year results. Annual America's Car-Mart TTM sales up to January 2019 were $661.69 and earnings were $43.23 M dollars. When comparing this TTM figures with the last reported annuality, we can review America's Car-Mart business evolution since April 2018: Annual turnover up to January, compared to lastest yearly report, soared an excellent 8.08%. Regarding profit margin, America's Car-Mart stayed constant 0.57% to 5.96%

CRMT annual Sales and Income evolution
YearSalesYoYIncome/(margin)YoY
2014$489 M-$21 M4.3%-
2014$489 M0.00%$21 M4.3%0.00%
2015$530 M8.41%$29 M5.6%39.56%
2015$530 M0.00%$29 M5.6%0.00%
2016$568 M7.09%$12 M2.0%-60.66%
2016$568 M0.00%$12 M2.0%-0.03%
2017$588 M3.49%$20 M3.4%74.28%
2017$588 M0.00%$20 M3.4%-0.02%
2018$612 M4.16%$37 M6.0%80.70%
2018$612 M0.00%$37 M6.0%0.00%
TTM $662 M8.08%$43 M6.5%18.41%

Quarterly financial results

America's Car-Mart posted $161.05 M in revenues for 2019-Q1, a -3.66% decline compared to previous quarter. Reported quarter income marked $10.90 M with a profit margin of 6.76%. Profit margin stayed steady a 0.02% compared to previous quarter when profit margin was 6.75%. When comparing sales to same quarter last year, America's Car-Mart sales marked a brilliant increase and rose a 9.40%.
CRMT quarterly Sales and Income evolution
QuarterSales1QoQ2Income1/(margin)QoQ2
2017-Q2$153 M-$5 M3.4%-
2017-Q3$146 M-4.25%$7 M4.8%33.40%
2017-Q4$130 M-10.92%$6 M4.6%-14.61%
2018-Q1$147 M12.87%$13 M9.1%124.14%
2018-Q2$169 M15.11%$10 M6.0%-23.99%
2018-Q3$164 M-3.21%$11 M6.6%7.03%
2018-Q4$167 M1.92%$11 M6.7%3.65%
2019-Q1$161 M-3.66%$11 M6.8%-3.42%

America's Car-Mart ownership

When you are planning to buy a company, it's worth to overview its ownership structure.

Management staff in all public traded companies that hold equity is required to report every transaction to the SEC. For America's Car-Mart, 8.24% of all outstanding shares are owned by its staff.

In case of America's Car-Mart stock, 74.93% of its shares are held by institutions (mutual funds, pension funds, big banks and other large financial institutions). Bearish positions for CRMT stock account 0.00%, no big difference from last month.

For a better context understanding, the following table shows ownership data compared to other related stocks:

CRMTANCPRTGPIKAR
Market cap$619.0 M$4.5 B$18.9 B$1.6 B$3.4 B
Total shares6.7 M89.1 M229.1 M18.6 M133.5 M
Float shares6.2 M60.0 M200.5 M15.7 M132.5 M
  - Institutional holdings (%)74.9%87.1%86.9%106.4%0.0%
  - Insider holdings (%)8.2%13.6%12.9%6.8%92.8%
Shares in short selling0.0%0.0%0.0%0.0%0.0%

CRMT summary

Friday, September 20th, 2019
Open$91.55
Close$92.94
Day range$91.55 - $93.67
Previous close$91.53
Session gain1.54%
Average true range$2.64
50d mov avg$88.71
100d mov avg$89.29
200d mov avg$84.69
Daily patternlb02a
Weekly pattern lt01a

America's Car-Mart performance

Stocks performance is always measured in comparision to the market or competitors and related stocks in the same industry. We compared America's Car-Mart against AutoNation, Copart, Group 1 Automotive, KAR Auction Services, CarMax, Penske Automotive and Sonic Automotive in the following table:
Stock3m6m12m
CRMTAmerica's Car...8.70%8.15%19.54%
ANAutoNation18.79%50.46%13.79%
CPRTCopart11.69%39.38%57.06%
GPIGroup 1 Automotiv...10.75%43.06%22.83%
KARKAR Auction Servi...8.00%41.42%16.06%
KMXCarMax-1.18%37.32%8.26%
PAGPenske Automotive-1.93%9.46%-5.82%
SAHSonic Automotive27.54%109.67%40.50%

America's Car-Mart competitors

We selected a few stocks to conform a list of America's Car-Mart competitors to review if you are interested in investing in CRMT: