Market Overview

America’s Car-Mart, Inc. (CRMT) Maintains A Hold Rating


Analyst Daniel Furtado at Jefferies & Company, Inc. has maintained a Hold rating for America’s Car-Mart, Inc. (NASDAQ: CRMT).

The company reported EPS of $0.53 for the third-quarter, beating the consensus estimate of $0.50, and Jefferies’ estimate of $0.49.

Jefferies expects the company to evolve into a palatable small-cap growth story over the course of this year due to greater visibility in the company’s long term growth plans, and continued improvements in centralized control over the organization.

Jefferies has set a price target of $30 for the America’s Car-Mart, Inc. stock.


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Posted-In: Daniel Furtado Inc. Jefferies & CompanyAnalyst Color Earnings News Markets Analyst Ratings

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