America's Car-Mart (CRMT) Stock Forecast, Price Target & Predictions
CRMT Stock Forecast
America's Car-Mart stock forecast is as follows: an average price target of $67.67 (represents a 57.56% upside from CRMT’s last price of $42.95) and a rating consensus of 'Hold', based on 3 wall street analysts offering a 1-year stock forecast.
CRMT Price Target
The average price target for America's Car-Mart (CRMT) is $67.67 based on 1-year price targets from 3 Wall Street analysts in the past 3 months, with a price target range of $113.00 to $45.00. This represents a potential 57.56% upside from CRMT's last price of $42.95.
CRMT Analyst Ratings
According to 3 Wall Street analysts, America's Car-Mart's rating consensus is 'Hold'. The analyst rating breakdown for CRMT stock is 0 'Strong Buy' (0.00%), 1 'Buy' (33.33%), 2 'Hold' (66.67%), 0 'Sell' (0.00%), and 0 'Strong Sell' (0.00%).
America's Car-Mart Price Target by Analyst
| Date | Analyst | Company | Price Target | Price when Published | Price Target/Price when Published | Price Target/Last Closing Price |
|---|---|---|---|---|---|---|
| Oct 14, 2024 | John Murphy | Bank of America Securities | $45.00 | $42.79 | 5.16% | 4.77% |
| Sep 20, 2024 | John Hecht | Jefferies | $45.00 | $42.49 | 5.91% | 4.77% |
| May 25, 2022 | - | Stephens | $113.00 | $99.98 | 13.02% | 163.10% |
The latest America's Car-Mart stock forecast, released on Oct 14, 2024 by John Murphy from Bank of America Securities, set a price target of $45.00, which represents a 5.16% increase from the stock price at the time of the forecast ($42.79), and a 4.77% increase from CRMT last price ($42.95).
America's Car-Mart Price Target by Period
| 1M | 3M | 12M | |
|---|---|---|---|
| # Anlaysts | 2 | 2 | 2 |
| Avg Price Target | $45.00 | $45.00 | $45.00 |
| Last Closing Price | $42.95 | $42.95 | $42.95 |
| Upside/Downside | 4.77% | 4.77% | 4.77% |
In the current month, the average price target of America's Car-Mart stock is $45.00, according to 2 Wall Street analysts offering twelve months forecast. The average price target represents a 4.77% increase as opposed to America's Car-Mart's last price of $42.95. This month's average price target is down 0.00% compared to last quarter, and down 0.00% compared to last year.
Analyst Ratings Upgrades/Downgrades
| Date | Company | Previous Rating | New Rating | Rating Change |
|---|---|---|---|---|
| Sep 20, 2024 | Jefferies | Hold | Hold | Hold |
| Jun 06, 2024 | BTIG | - | Neutral | Initialise |
| Jul 17, 2023 | Stephens | Equal-Weight | Overweight | Upgrade |
| Aug 19, 2022 | Stephens | Overweight | Equal-Weight | Downgrade |
| May 25, 2022 | Stephens | Overweight | Overweight | Hold |
America's Car-Mart's last stock rating was published by Jefferies on Sep 20, 2024. The company gave CRMT a "Hold" rating, the same as its previous rate.
America's Car-Mart Financial Forecast
America's Car-Mart Revenue Forecast
| May 27 | Jan 27 | Oct 26 | Jul 26 | May 26 | Jan 26 | Oct 25 | Jul 25 | May 25 | Jan 25 | Oct 24 | Jul 24 | May 24 | Jan 24 | Oct 23 | Jul 23 | May 23 | Jan 23 | Oct 22 | Jul 22 | Apr 22 | Jan 22 | Oct 21 | Jul 21 | Apr 21 | Jan 21 | Oct 20 | Jul 20 | Apr 20 | Jan 20 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | - | - | - | - | - | - | - | - | - | - | - | - | - | $299.61M | $361.58M | $368.02M | - | $326.53M | $351.84M | $344.88M | $351.84M | $291.90M | $288.30M | $280.33M | $279.08M | $228.26M | $223.36M | $187.91M | $195.69M | $186.73M |
| Avg Forecast | $390.77M | $349.68M | $364.05M | $348.70M | $380.23M | $318.64M | $357.86M | $359.50M | $355.91M | $288.73M | $335.55M | $338.78M | $361.48M | $350.95M | $363.76M | $347.23M | $352.87M | $326.36M | $340.42M | $322.40M | $297.23M | $275.97M | $269.36M | $249.75M | $220.60M | $209.34M | $202.42M | $167.76M | $175.29M | $171.40M |
| High Forecast | $397.84M | $356.01M | $370.63M | $355.01M | $387.10M | $324.40M | $364.33M | $366.00M | $362.34M | $294.54M | $336.91M | $339.33M | $361.48M | $353.88M | $375.15M | $353.51M | $359.25M | $332.26M | $346.57M | $336.12M | $306.49M | $280.93M | $274.20M | $254.24M | $224.57M | $213.10M | $206.06M | $170.78M | $178.44M | $174.49M |
| Low Forecast | $382.05M | $341.88M | $355.93M | $340.92M | $371.74M | $311.53M | $349.87M | $351.48M | $347.97M | $282.91M | $334.18M | $338.23M | $361.48M | $348.04M | $352.39M | $339.48M | $345.00M | $319.08M | $332.82M | $309.23M | $287.98M | $271.00M | $264.51M | $245.26M | $216.63M | $205.57M | $198.77M | $164.74M | $172.13M | $168.32M |
| # Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 2 | 2 | 1 | 1 | 1 | 3 | 2 | 2 | 2 | 1 | - | - | - | 1 | 1 | 1 | 10 | 10 | 7 | 12 | 7 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | 0.85% | 0.99% | 1.06% | - | 1.00% | 1.03% | 1.07% | 1.18% | 1.06% | 1.07% | 1.12% | 1.27% | 1.09% | 1.10% | 1.12% | 1.12% | 1.09% |
America's Car-Mart's average Quarter revenue forecast for May 24 based on 1 analysts is $361.48M, with a low forecast of $361.48M, and a high forecast of $361.48M. CRMT's average Quarter revenue forecast represents a 20.65% increase compared to the company's last Quarter revenue of $299.61M (Jan 24).
America's Car-Mart EBITDA Forecast
| May 27 | Jan 27 | Oct 26 | Jul 26 | May 26 | Jan 26 | Oct 25 | Jul 25 | May 25 | Jan 25 | Oct 24 | Jul 24 | May 24 | Jan 24 | Oct 23 | Jul 23 | May 23 | Jan 23 | Oct 22 | Jul 22 | Apr 22 | Jan 22 | Oct 21 | Jul 21 | Apr 21 | Jan 21 | Oct 20 | Jul 20 | Apr 20 | Jan 20 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 2 | 2 | 1 | 1 | 1 | 3 | 2 | 2 | 2 | 1 | - | - | - | 1 | 1 | 1 | 10 | 10 | 7 | 12 | 7 |
| EBITDA | - | - | - | - | - | - | - | - | - | - | - | - | - | $8.09M | $-17.24M | $21.35M | - | $13.13M | $13.96M | $25.63M | $39.09M | $28.69M | $32.98M | $34.66M | $58.09M | $28.36M | $30.34M | $28.20M | $13.76M | $18.67M |
| Avg Forecast | $34.78M | $31.12M | $32.40M | $31.03M | $33.84M | $28.36M | $31.85M | $31.99M | $31.67M | $25.70M | $29.86M | $30.15M | $37.05M | $31.23M | $32.37M | $30.90M | $33.68M | $34.81M | $30.30M | $28.69M | $31.43M | $31.64M | $34.46M | $41.92M | $25.02M | $21.30M | $25.32M | $12.04M | $18.03M | $18.80M |
| High Forecast | $35.41M | $31.68M | $32.98M | $31.59M | $34.45M | $28.87M | $32.42M | $32.57M | $32.25M | $26.21M | $29.98M | $30.20M | $44.46M | $31.49M | $33.39M | $31.46M | $40.42M | $41.77M | $30.84M | $29.91M | $32.41M | $37.97M | $41.35M | $50.31M | $30.03M | $25.56M | $30.38M | $14.44M | $21.64M | $22.56M |
| Low Forecast | $34.00M | $30.43M | $31.68M | $30.34M | $33.08M | $27.72M | $31.14M | $31.28M | $30.97M | $25.18M | $29.74M | $30.10M | $29.64M | $30.97M | $31.36M | $30.21M | $26.95M | $27.85M | $29.62M | $27.52M | $30.45M | $25.31M | $27.57M | $33.54M | $20.02M | $17.04M | $20.25M | $9.63M | $14.43M | $15.04M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | 0.26% | -0.53% | 0.69% | - | 0.38% | 0.46% | 0.89% | 1.24% | 0.91% | 0.96% | 0.83% | 2.32% | 1.33% | 1.20% | 2.34% | 0.76% | 0.99% |
1 analysts predict CRMT's average Quarter EBITDA for May 24 to be $37.05M, with a high of $44.46M and a low of $29.64M. This is 357.92% upper than America's Car-Mart's previous annual EBITDA (Jan 24) of $8.09M.
America's Car-Mart Net Income Forecast
| May 27 | Jan 27 | Oct 26 | Jul 26 | May 26 | Jan 26 | Oct 25 | Jul 25 | May 25 | Jan 25 | Oct 24 | Jul 24 | May 24 | Jan 24 | Oct 23 | Jul 23 | May 23 | Jan 23 | Oct 22 | Jul 22 | Apr 22 | Jan 22 | Oct 21 | Jul 21 | Apr 21 | Jan 21 | Oct 20 | Jul 20 | Apr 20 | Jan 20 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 2 | 2 | 1 | 1 | 1 | 3 | 2 | 2 | 2 | 1 | - | - | - | 1 | 1 | 1 | 10 | 10 | 7 | 12 | 7 |
| Net Income | - | - | - | - | - | - | - | - | - | - | - | - | - | $-8.55M | $-27.46M | $4.19M | - | $1.51M | $3.14M | $13.24M | $26.68M | $18.77M | $22.89M | $24.97M | $43.50M | $19.88M | $21.20M | $19.56M | $9.26M | $12.69M |
| Avg Forecast | $10.04M | $3.20M | $2.17M | $6.84M | $6.84M | $4.01M | $4.07M | $5.63M | $4.17M | $-943.52K | $-271.86K | $4.24M | $24.24M | $-7.00M | $5.02M | $5.84M | $22.04M | $24.16M | $10.85M | $20.55M | $19.80M | $21.96M | $24.83M | $31.39M | $17.54M | $14.88M | $17.57M | $8.10M | $12.26M | $12.43M |
| High Forecast | $10.28M | $3.27M | $2.23M | $7.01M | $7.01M | $4.10M | $4.17M | $5.76M | $4.27M | $7.31M | $-217.49K | $4.34M | $29.09M | $-6.80M | $5.77M | $5.97M | $26.44M | $28.99M | $11.11M | $21.69M | $20.60M | $26.36M | $29.79M | $37.67M | $21.05M | $17.86M | $21.08M | $9.72M | $14.71M | $14.92M |
| Low Forecast | $9.75M | $3.11M | $2.11M | $6.65M | $6.65M | $3.89M | $3.95M | $5.47M | $4.05M | $-9.20M | $-326.23K | $4.12M | $19.39M | $-7.17M | $3.66M | $5.67M | $17.63M | $19.33M | $10.54M | $19.46M | $19.00M | $17.57M | $19.86M | $25.11M | $14.03M | $11.91M | $14.05M | $6.48M | $9.80M | $9.94M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | 1.22% | -5.47% | 0.72% | - | 0.06% | 0.29% | 0.64% | 1.35% | 0.85% | 0.92% | 0.80% | 2.48% | 1.34% | 1.21% | 2.41% | 0.76% | 1.02% |
America's Car-Mart's average Quarter net income forecast for Oct 23 is $5.02M, with a range of $3.66M to $5.77M. CRMT's average Quarter net income forecast represents a 19.96% increase compared to the company's last Quarter net income of $4.19M (Jul 23).
America's Car-Mart SG&A Forecast
| May 27 | Jan 27 | Oct 26 | Jul 26 | May 26 | Jan 26 | Oct 25 | Jul 25 | May 25 | Jan 25 | Oct 24 | Jul 24 | May 24 | Jan 24 | Oct 23 | Jul 23 | May 23 | Jan 23 | Oct 22 | Jul 22 | Apr 22 | Jan 22 | Oct 21 | Jul 21 | Apr 21 | Jan 21 | Oct 20 | Jul 20 | Apr 20 | Jan 20 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 2 | 2 | 1 | 1 | 1 | 3 | 2 | 2 | 2 | 1 | - | - | - | 1 | 1 | 1 | 10 | 10 | 7 | 12 | 7 |
| SG&A | - | - | - | - | - | - | - | - | - | - | - | - | - | $43.56M | $44.86M | $46.47M | - | $44.74M | $42.91M | $43.23M | $40.99M | $39.18M | $37.16M | $38.80M | $36.14M | $33.42M | $32.54M | $28.76M | $30.46M | $30.33M |
| Avg Forecast | $77.18M | $69.07M | $71.91M | $68.87M | $75.10M | $62.94M | $70.68M | $71.01M | $70.30M | $57.03M | $66.28M | $66.91M | $50.60M | $69.32M | $71.85M | $68.58M | $46.00M | $39.22M | $67.24M | $63.68M | $42.53M | $35.65M | $38.58M | $26.08M | $29.49M | $22.84M | $25.82M | $26.66M | $29.30M | $25.33M |
| High Forecast | $78.58M | $70.32M | $73.21M | $70.12M | $76.46M | $64.07M | $71.96M | $72.29M | $71.57M | $58.18M | $66.54M | $67.02M | $60.72M | $69.90M | $74.10M | $69.82M | $55.20M | $47.06M | $68.45M | $66.39M | $43.85M | $42.78M | $46.30M | $31.30M | $35.39M | $27.41M | $30.98M | $31.99M | $35.16M | $30.39M |
| Low Forecast | $75.46M | $67.53M | $70.30M | $67.34M | $73.43M | $61.53M | $69.11M | $69.42M | $68.73M | $55.88M | $66.01M | $66.81M | $40.48M | $68.74M | $69.60M | $67.05M | $36.80M | $31.37M | $65.74M | $61.08M | $41.20M | $28.52M | $30.87M | $20.86M | $23.59M | $18.28M | $20.66M | $21.32M | $23.44M | $20.26M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | 0.63% | 0.62% | 0.68% | - | 1.14% | 0.64% | 0.68% | 0.96% | 1.10% | 0.96% | 1.49% | 1.23% | 1.46% | 1.26% | 1.08% | 1.04% | 1.20% |
America's Car-Mart's average Quarter SG&A projection for May 24 is $50.60M, based on 1 Wall Street analysts, with a range of $40.48M to $60.72M. The forecast indicates a 16.15% rise compared to CRMT last annual SG&A of $43.56M (Jan 24).
America's Car-Mart EPS Forecast
| May 27 | Jan 27 | Oct 26 | Jul 26 | May 26 | Jan 26 | Oct 25 | Jul 25 | May 25 | Jan 25 | Oct 24 | Jul 24 | May 24 | Jan 24 | Oct 23 | Jul 23 | May 23 | Jan 23 | Oct 22 | Jul 22 | Apr 22 | Jan 22 | Oct 21 | Jul 21 | Apr 21 | Jan 21 | Oct 20 | Jul 20 | Apr 20 | Jan 20 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 2 | 2 | 1 | 1 | 1 | 3 | 2 | 2 | 2 | 1 | - | - | - | 1 | 1 | 1 | 10 | 10 | 7 | 12 | 7 |
| EPS | - | - | - | - | - | - | - | - | - | - | - | - | - | $-1.34 | $-4.30 | $0.65 | - | $0.24 | $0.49 | $2.08 | $4.16 | $2.89 | $3.50 | $3.78 | $6.57 | $3.00 | $3.20 | $2.95 | $1.40 | $1.92 |
| Avg Forecast | $1.57 | $0.50 | $0.34 | $1.07 | $1.07 | $0.63 | $0.64 | $0.88 | $0.65 | $-0.15 | $-0.04 | $0.66 | $0.20 | $-1.09 | $0.79 | $0.91 | $0.91 | $0.34 | $1.70 | $3.15 | $3.10 | $2.82 | $3.20 | $3.49 | $2.80 | $2.44 | $2.32 | $1.45 | $1.20 | $1.77 |
| High Forecast | $1.61 | $0.51 | $0.35 | $1.10 | $1.10 | $0.64 | $0.65 | $0.90 | $0.67 | $1.14 | $-0.03 | $0.68 | $0.20 | $-1.06 | $0.90 | $0.93 | $0.93 | $0.35 | $1.74 | $3.32 | $3.22 | $2.89 | $3.27 | $3.57 | $2.87 | $2.50 | $2.37 | $1.49 | $1.23 | $1.81 |
| Low Forecast | $1.52 | $0.49 | $0.33 | $1.04 | $1.04 | $0.61 | $0.62 | $0.85 | $0.63 | $-1.44 | $-0.05 | $0.64 | $0.20 | $-1.12 | $0.57 | $0.89 | $0.89 | $0.33 | $1.65 | $2.98 | $2.97 | $2.76 | $3.13 | $3.41 | $2.74 | $2.39 | $2.27 | $1.42 | $1.17 | $1.73 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | 1.22% | -5.48% | 0.71% | - | 0.71% | 0.29% | 0.66% | 1.34% | 1.02% | 1.09% | 1.08% | 2.34% | 1.23% | 1.38% | 2.03% | 1.16% | 1.09% |
According to 3 Wall Street analysts, America's Car-Mart's projected average Quarter EPS for Oct 23 is $0.79, with a low estimate of $0.57 and a high estimate of $0.90. This represents a 20.77% increase compared to CRMT previous annual EPS of $0.65 (Jul 23).
America's Car-Mart Peer Comparison by Price Target
| Ticker | Company | Last Closing Price | Avg Price Target | Upside/Downside | Avg Rating |
|---|---|---|---|---|---|
| CRMT | America's Car-Mart | $43.00 | $67.67 | 57.37% | Hold |
| AN | AutoNation | $166.56 | $193.00 | 15.87% | Buy |
| SAH | Sonic Automotive | $54.88 | $61.00 | 11.15% | Hold |
| LAD | Lithia Motors | $303.66 | $313.71 | 3.31% | Buy |
| GPI | Group 1 Automotive | $356.87 | $367.50 | 2.98% | Buy |
| ABG | Asbury Automotive Group | $225.83 | $227.75 | 0.85% | Hold |
| PAG | Penske Automotive Group | $154.79 | $152.50 | -1.48% | Buy |
CRMT Forecast FAQ
Is America's Car-Mart a good buy?
No, according to 3 Wall Street analysts, America's Car-Mart (CRMT) is considered a 'Hold'. The rating consensus is based on 0 'Strong Buy' and 1 'Buy' recommendations, accounting for 33.33% of CRMT's total ratings.
What is CRMT's price target?
America's Car-Mart (CRMT) average price target is $67.67 with a range of $45 to $113, implying a 57.56% from its last price of $42.95. The data is based on 3 Wall Street analysts who provided a twelve-month price target estimate in the last three months.
Will America's Car-Mart stock go up soon?
According to Wall Street analysts' prediction for CRMT stock, the company can go up by 57.56% (from the last price of $42.95 to the average price target of $67.67), up by 163.10% based on the highest stock price target, and up by 4.77% based on the lowest stock price target.
Can America's Car-Mart stock reach $60?
CRMT's average twelve months analyst stock price target of $67.67 supports the claim that America's Car-Mart can reach $60 in the near future.
What is America's Car-Mart's current price target trend?
2 Wall Street analysts forecast a $45 price target for America's Car-Mart (CRMT) this month, up 4.77% from its last price of $42.95. Compared to the last 3 and 12 months, the average price target increased by 4.77% and increased by 4.77%, respectively.
Did the CRMT's actual financial results beat the analysts' financial forecasts?
Based on America's Car-Mart's last annual report (Apr 2022), the company's revenue was $1.21B, beating the average analysts forecast of $1.09B by 10.99%. Apple's EBITDA was $135.5M, missing the average prediction of $139.45M by -2.83%. The company's net income was $93.31M, missing the average estimation of $97.98M by -4.77%. Apple's SG&A was $156.13M, beating the average forecast of $142.84M by 9.30%. Lastly, the company's EPS was $14.33, beating the average prediction of $12.61 by 13.62%. In terms of the last quarterly report (Jan 2024), America's Car-Mart's revenue was $299.61M, missing the average analysts' forecast of $350.96M by -14.63%. The company's EBITDA was $8.09M, missing the average prediction of $31.23M by -74.09%. America's Car-Mart's net income was $-8.552M, beating the average estimation of $-7.004M by 22.09%. The company's SG&A was $43.56M, missing the average forecast of $69.32M by -37.16%. Lastly, the company's EPS was $-1.34, beating the average prediction of $-1.095 by 22.37%