America’s Car-Mart (NASDAQ:CRMT) released its earnings results on Thursday. The company reported $1.35 earnings per share for the quarter, beating the consensus estimate of $1.20 by $0.15, MarketWatch Earnings reports. America’s Car-Mart had a return on equity of 18.27% and a net margin of 6.90%. The firm had revenue of $195.69 million for the quarter, compared to analyst estimates of $169.16 million.
NASDAQ CRMT opened at $77.46 on Friday. The firm has a market cap of $485.34 million, a P/E ratio of 9.93, a P/E/G ratio of 1.32 and a beta of 1.41. The company has a debt-to-equity ratio of 0.13, a current ratio of 1.99 and a quick ratio of 1.79. The stock’s 50-day moving average is $62.32 and its 200-day moving average is $90.47. America’s Car-Mart has a one year low of $35.18 and a one year high of $129.70.
In other news, Director Gremp Jim Von acquired 1,500 shares of the firm’s stock in a transaction that occurred on Friday, March 20th. The stock was acquired at an average cost of $41.50 per share, for a total transaction of $62,250.00. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, Director Ann G. Bordelon acquired 1,325 shares of the firm’s stock in a transaction that occurred on Wednesday, March 18th. The shares were purchased at an average price of $43.86 per share, with a total value of $58,114.50. Following the completion of the acquisition, the director now owns 1,325 shares of the company’s stock, valued at approximately $58,114.50. The disclosure for this purchase can be found here. Company insiders own 10.00% 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 February 26, 2019, it operated 144 dealerships. America's Car-Mart, Inc was founded in 1981 and is based in Bentonville, Arkansas.
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