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

America's Car-Mart Inc is an automotive retailer in us 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 primarily sells older model used vehicles and provides financing for substantially all of its customers. The Company earns revenue from the sale of used vehicles and in most 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 April 24, 2024, CRMT stock price declined to $58.42 with 5,373 million shares trading.

CRMT has a beta of 2.48, meaning it tends to be more sensitive to market movements. CRMT has a correlation of 0.31 to the broad based SPY ETF.

CRMT has a market cap of $373.47 million. This is considered a Small Cap stock.

Last quarter America's Car-Mart reported $300 million in Revenue and -$1.34 earnings per share. This fell short of revenue expectation by $-51 million and missed earnings estimates by -$.69.

In the last 3 years, CRMT stock traded as high as $177.45 and as low as $52.24.

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

CRMT has underperformed the market in the last year with a price return of -26.1% while the SPY ETF gained +24.2%. CRMT has also underperformed the stock market ETF in the last 3 month and 2 week periods returning -6.6% and -8.0%, respectively, while the SPY returned +4.5% and -2.7%, respectively.

CRMT support price is $56.85 and resistance is $60.59 (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 stock will trade within this expected range on the day.