With 87398.0 shares changed hands, the volume of the stock remained lighter than its average volume of 0.11 million shares. During the session, the Auto & Truck Dealerships company that operates in wider Consumer Cyclical sector, reached to the highest price of $47.55 whereas the lowest price it dropped to was $46.52. The 52-week range on CRMT shows that it touched its highest point at $74.10 and its lowest point at $37.98 during that stretch. It currently has a 1-year price target of $53.67. Beta for the stock currently stands at 1.65.
Price Performance and Earnings:
Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of CRMT was down-trending over the past week, with a drop of -8.64%, but this was down by -12.71% over a month. Three-month performance surged to 13.78% while six-month performance fell -22.60%. The stock lost -27.68% in the past year, while it has lost -8.64% so far this year. A look at the trailing 12-month EPS for CRMT yields -0.81 with Next year EPS estimates of 3.27. For the next quarter, that number is 0.05. This implies an EPS growth rate of 124.95% for this year and 166.60% for next year.
Float and Shares Shorts:
At present, 8.25 million CRMT shares are outstanding with a float of 7.67 million shares on hand for trading. On 2024-11-15, short shares totaled 0.85 million, which was 1035.0 higher than short shares on 1728950400. In addition to Mr. Douglas Campbell as the firm’s CEO, President & Director, Ms. Vickie D. Judy CPA serves as its Chief Financial Officer.
Institutional Ownership:
Through their ownership of 0.88304 of CRMT’s outstanding shares, institutional investors have minority control over the company.
An Overview of Recent Financials:
Understanding a company as a customer does not mean you will understand it as an investor. The wise investor uses quantitative research to analyze metrics such as revenue, net income, and earnings. In its fiscal quarter reported on 2024-07-31, CRMT reported revenue of $347269000.0 and operating income of $25199000.0. The EBITDA in the recently reported quarter was $27125000.0 and diluted EPS was $0.61.
Analysts Ratings:
Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for CRMT since 2 analysts follow the stock currently. There are 1 analysts who recommend BUY ratings, while 0 suggest SELL ratings. Of the remaining analysts, 1 believe that the stock is worth HOLDING, 0 give it an OVERWEIGHT rating, and 0 thinks that it’s UNDERWEIGHT. In the same way, a target price assigned to a stock can also reveal much about its potential. With CRMT analysts setting a high price target of 65.0 and a low target of 45.0, the average target price over the next 12 months is 52.0. Based on these targets, CRMT could surge 38.83% to reach the target high and fall by -3.89% to reach the target low. Reaching the average price target will result in a growth of 11.06% from current levels.
EPS: Estimates vs Actual
It is also common to use earnings estimates to evaluate a firm’s growth potential and to determine trading strategy. Analysts have provided yearly estimates in a range of -$4.21018 being high and -$5.5555 being low. For CRMT, this leads to a yearly average estimate of -$4.7425.
