CRMT Stock Summary and Trading Ideas (America's Car-Mart | NASDAQ:CRMT)

America's Car-Mart Inc is an automotive retailer in the U.S. focused exclusively on the Integrated Auto Sales and Finance segment of the used car market. The company's operations are principally conducted through its two operating subsidiaries, America's Car Mart Inc and Colonial Auto Finance. It predominantly sells older model used vehicles and provides financing for substantially all of its customers. It earns revenue from the sale of used vehicles and in the majority of the cases a related service contract and an accident protection plan product, as well as interest income and late fees from the related financing.

America's Car-Mart trades on the NASDAQ stock market under the symbol CRMT.

As of December 16, 2024, CRMT stock price climbed to $56.02 with 100,686 million shares trading.

CRMT has a beta of 1.76, meaning it tends to be more sensitive to market movements. CRMT has a correlation of 0.20 to the broad based SPY ETF.

CRMT has a market cap of $462.31 million. This is considered a Small Cap stock.

Last quarter America's Car-Mart reported $347 million in Revenue and -$.24 earnings per share. This beat revenue expectation by $3 million and missed earnings estimates by -$.14.

In the last 3 years, CRMT traded as high as $127.96 and as low as $37.98.

The top ETF exchange traded funds that CRMT belongs to (by Net Assets): IWM, VTI, VXF, IWN, XRT.

CRMT has underperformed the market in the last year with a return of -11.1%, while SPY returned +30.5%. This shows that you would have done better investing in the overall market (through SPY) over the last year than in CRMT shares. However, CRMT has outperformed the market in the last 3 month and 2 week periods, returning +12.3% and +21.4%, while SPY returned +8.3% and +0.7%, respectively. This indicates CRMT has been having a stronger performance recently.

CRMT support price is $53.62 and resistance is $56.98 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that CRMT shares will trade within this expected range on the day.