America’s Car-Mart (NASDAQ:CRMT) issued its quarterly earnings data on Monday, May 21st. The company reported $1.43 earnings per share for the quarter, beating analysts’ consensus estimates of $0.98 by $0.45, Fidelity Earnings reports. America’s Car-Mart had a net margin of 5.30% and a return on equity of 9.91%. The business had revenue of $169.45 million for the quarter, compared to analysts’ expectations of $158.22 million.
America’s Car-Mart traded down $0.45, hitting $63.60, during midday trading on Thursday, MarketBeat reports. The company’s stock had a trading volume of 43,100 shares, compared to its average volume of 41,054. The stock has a market cap of $449.02 million, a PE ratio of 21.56 and a beta of 0.91. America’s Car-Mart has a 12 month low of $33.05 and a 12 month high of $66.20.
In other America’s Car-Mart news, Director Robert Cameron Smith sold 22,500 shares of the business’s stock in a transaction dated Tuesday, May 22nd. The stock was sold at an average price of $62.26, for a total transaction of $1,400,850.00. Following the sale, the director now owns 7,300 shares in the company, valued at approximately $454,498. The transaction was disclosed in a filing with the SEC, which is available through this link. Also, Director William H. Henderson sold 15,000 shares of the business’s stock in a transaction dated Tuesday, April 3rd. The stock was sold at an average price of $49.34, for a total value of $740,100.00. Following the sale, the director now owns 147,794 shares in the company, valued at approximately $7,292,155.96. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 47,500 shares of company stock worth $2,773,150. Corporate insiders own 11.70% of the company’s stock.
About America’s Car-Mart
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. As of April 30, 2017, it operated 140 dealerships in 11 states in the South-Central United States.
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