Jump Report
Avg Daily Volume: 113,031 Market Cap: 649.79M
Sector: Services Short Interest: 5.28
EARNINGS EXPECTATIONS:
ESTIMATED EPS: 1.82/share REV: 187.04/M
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LAST QTR: EPS: 1.55/share ESTIMATED: 1.02/share (BEAT)
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NEXT QTR: EPS: .1.71/share REV: 178.23/M
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FY19: EPS: 6.48/share REV: 676.81/M
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*These are the base metrics we will be watching against the actual release numbers
BEAT/MISS HISTORY: 83% OF THE TIME THEY BEAT ESTIMATES
PRIOR ‘JUMP ZONE’ MOVES (3 QTRS %) 7.55, 18.02, 22.31
POTENTIAL JUMP MOVE: 12-15%
Links To Latest News and Headlines
ROGERS, Ark., March 25, 2021 (GLOBE NEWSWIRE) — America’s Car-Mart, Inc. (NASDAQ: CRMT) today released its first Corporate Responsibility Report as part of its ongoing efforts to increase disclosures and transparency. The report highlights the Company’s commitment to sustainable business practices and especially its focus on its people, the communities, and customers it serves. The report highlights how the Company is addressing key environmental, social and governance (ESG) areas. The report covers information and activities through January 31, 2021. “Our business strategy is focused on operational excellence and long-term growth, backed with governance principles. Our people, more than 2,000 associates across 12 states, are committed to making a difference for customers, their communities and each other. In fact, during Car-Mart’s 40-year history, we are proud of supporting social issues directly in our communities where we can have the most impact,” said Jeff Williams, President and Chief Executive Officer. “This principle of ‘doing the right thing’ comes through in both our achievements and our commitments to various stakeholders,” added Mr. Williams. “It is the foundation of our corporate responsibility philosophy and is the basis for how we now review our work in ESG areas and their impact on our stakeholders. Car-Mart’s responsibility to help address concerns from customers, associates, communities, and shareholders is now further defined and integrated into our business strategies.” America’s Car-Mart is committed to reviewing the environmental impacts of the Company’s operations and services and setting appropriate environmental improvement goals. Studies are under way internally in 2021 to determine how those goals will be quantified to reflect their impact on climate and carbon footprint. To learn more about the Company’s ESG efforts and to view the full report, please visit http://ir.car-mart.com/ESG/ESG-reports. About America’s Car-Mart America’s Car-Mart operates automotive dealerships in twelve states and is one of the largest publicly held automotive retailers in the United States focused exclusively on the “Integrated Auto Sales and Finance” segment of the used car market. The Company emphasizes superior customer service and the building of strong personal relationships with its customers. The Company operates its dealerships primarily in smaller cities throughout the South-Central United States selling quality used vehicles and providing financing for substantially all of its customers. For more information about America’s Car-Mart, including investor presentations, please visit our website at www.car-mart.com. Contacts: Jeffrey A. Williams, President and CEO (479) 464-9944 or Vickie D. Judy, CFO (479) 464-9944
A look at the shareholders of America’s Car-Mart, Inc. ( NASDAQ:CRMT ) can tell us which group is most powerful…
ROGERS, Arkansas , March 19, 2021 (GLOBE NEWSWIRE) — America’s Car-Mart, Inc. (NASDAQ: CRMT) announced today that it has appointed Dawn C. Morris to its Board of Directors, effective April 1, 2021. The appointment of Ms. Morris fills the vacancy resulting from the previous retirement of Jim von Gremp from the Board of Directors in August 2020. “Dawn brings expertise transforming organizations through digital and customer centric strategies which will add great value as we continue to implement and improve our digital presence and customer experience strategy,” said Jeff Williams, President and CEO. “We are pleased to welcome her to our board and look forward to benefitting from her insight.” Ms. Morris was formerly the Chief Digital and Marketing Officer at First Horizon Corporation (NYSE: FHN), where she was responsible for enterprise-wide marketing strategies, including digital banking and customer experience. Ms. Morris started her career as an Army officer at Fort Bragg, NC after graduating from the United States Military Academy at West Point. In 2002, Ms. Morris joined RBC Bank and served in roles ranging from sales leadership to corporate strategy. In 2010, she joined RBS Citizens Financial Group as Senior Vice President and had responsibility for Business Banking Product Management and later Customer Segment and Product Marketing. In 2014, Ms. Morris joined Webster Bank, N.A., bank subsidiary of Webster Financial Corporation (NYSE: WBS), as Executive Vice President and Chief Marketing Officer, where she was responsible for transforming and building the bank’s marketing function. She has served on numerous boards including Marketing EDGE, a national non-profit for marketing leadership, the Girls Scouts of Connecticut and Massachusetts, and as co-chair with the Governor of Connecticut on the Governor’s Prevention Partnership. A recognized marketing and digital expert, she often speaks about marketing and customer strategy at conferences worldwide. About America’s Car-Mart America’s Car-Mart operates automotive dealerships in twelve states and is one of the largest publicly-held automotive retailers in the United States focused exclusively on the “Integrated Auto Sales and Finance” segment of the used car market. The Company specializes in the sale of quality, pre-owned vehicles, and features flexible used car financing options for customers with bad credit, no credit, repossessions or even past bankruptcy and emphasizes superior customer service and the building of strong personal relationships with its customers. The Company operates its dealerships primarily in smaller cities throughout the South-Central United States selling quality used vehicles and providing financing for substantially all of its customers. For more information about America’s Car-Mart, including investor presentations, please visit our website at www.car-mart.com. CONTACT: Contacts:Jeff Williams, CEO at (479) 464-9944 or Vickie Judy, CFO at (479) 418-9944
America’s Car-Mart (CRMT) has seen solid earnings estimate revision activity over the past month, and belongs to a strong industry as well.
The Zacks Analyst Blog Highlights: Steel Dynamics, Gerdau, D.R. Horton, M.D.C. Holdings and America’s Car-Mart
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ANALYSIS:
Stockjumpers trajectory analysis reveals a surprise negative reaction to the earnings release news. This stock has been on a tear this year and is trading near all time highs. (102/share now). We think its in overbought territory so any soft release news like less than stellar sales will cause a correction. That’s the scenario we see unfolding today. They may beat on EPS, but if sales going forward show signs of weakness, and we think it will this stock is headed south on the news.
We are SHORT for the event.
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TRADE PLAN:
ENTRY: SELL – end of day
STOP LOSS: 5%
TAKE PROFIT: 15%
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UPDATE: We are cautiously short.. we think they will do well, but be softer on sales expectations.
POST RELEASE ACTION: They missed on sales, but beat on EPS. We will hold until the AM
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