CRMT stock: buy or sell?
September 20th, 2019
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.
|New all-time high||No|
|New 52 week high||No|
|Price crossing up 200d MA||No|
|100d MA crossing up 200d MA||No|
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.
|Date||Analyst / Broker||Previous rating||Current rating|
|2019-2-26||Bank of America||Buy||Buy|
CRMT stock analysis
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%).
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 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 $108.00Nobody 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:
|Date||Analyst / Broker||Action||Previous target||Current target||Diff|
|2019-8-19||Buckingham Research||Raises Target||$105.00||$111.00||5.7%|
|2019-2-26||Bank of America||Reiterates||$102.00||$110.00||7.8%|
Financials and fundamental analysis
Earnings date and Earnings per ShareOn 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.
|Quarter||Reporting date||Estimated EPS||Actual EPS||Surprise|
Annual financial resultsIn 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%
|2014||$489 M||-||$21 M4.3%||-|
|2014||$489 M||0.00%||$21 M4.3%||0.00%|
|2015||$530 M||8.41%||$29 M5.6%||39.56%|
|2015||$530 M||0.00%||$29 M5.6%||0.00%|
|2016||$568 M||7.09%||$12 M2.0%||-60.66%|
|2016||$568 M||0.00%||$12 M2.0%||-0.03%|
|2017||$588 M||3.49%||$20 M3.4%||74.28%|
|2017||$588 M||0.00%||$20 M3.4%||-0.02%|
|2018||$612 M||4.16%||$37 M6.0%||80.70%|
|2018||$612 M||0.00%||$37 M6.0%||0.00%|
|TTM||$662 M||8.08%||$43 M6.5%||18.41%|
Quarterly financial resultsAmerica'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%.
|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 M||12.87%||$13 M9.1%||124.14%|
|2018-Q2||$169 M||15.11%||$10 M6.0%||-23.99%|
|2018-Q3||$164 M||-3.21%||$11 M6.6%||7.03%|
|2018-Q4||$167 M||1.92%||$11 M6.7%||3.65%|
|2019-Q1||$161 M||-3.66%||$11 M6.8%||-3.42%|
America's Car-Mart ownershipWhen 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:
|Market cap||$619.0 M||$4.5 B||$18.9 B||$1.6 B||$3.4 B|
|Total shares||6.7 M||89.1 M||229.1 M||18.6 M||133.5 M|
|Float shares||6.2 M||60.0 M||200.5 M||15.7 M||132.5 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 selling||0.0%||0.0%||0.0%||0.0%||0.0%|
|Friday, September 20th, 2019|
|Day range||$91.55 - $93.67|
|Average true range||$2.64|
|50d mov avg||$88.71|
|100d mov avg||$89.29|
|200d mov avg||$84.69|
America's Car-Mart performanceStocks 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:
|GPIGroup 1 Automotiv...||10.75%||43.06%||22.83%|
|KARKAR Auction Servi...||8.00%||41.42%||16.06%|