AMERCIA'S CARMART (CRMT)

EARNINGS RELEASE TUESDAY - MAY 21 (AMC)

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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, Arkansas , Jan. 20, 2021 (GLOBE NEWSWIRE) — America’s Car-Mart, Inc. (NASDAQ: CRMT) today announced it will release fiscal 2021 third quarter financial results on Tuesday, February 16, 2021, after the market closes. Senior management will hold a conference call the following day, Wednesday, February 17, 2021 at 11:00 a.m. (Eastern). A live audio of the conference call will be accessible to the public by calling (877) 776-4031, conference ID #8139134. International callers should dial (631) 291-4132. Callers should dial in approximately 10 minutes before the call begins. A conference call replay will be available two hours following the call for thirty days and can be accessed by calling (855) 859-2056, conference ID #8139134; International callers should dial (404) 537-3406. A webcast of the conference call will also be available on the Company’s website www.car-mart.com. 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. CONTACT: Jeffrey A. Williams, President and CEO (479) 464-9944 or Vickie D. Judy, CFO (479) 464-9944

America’s Car-Mart (NASDAQ:CRMT) has had a great run on the share market with its stock up by a significant 17% over…

Rogers, Arkansas, Dec. 31, 2020 (GLOBE NEWSWIRE) — America’s Car-Mart, Inc. (NASDAQ: CRMT) (the “Company”) today announced it has utilized a portion of the accordion feature under its Third Amended and Restated Loan and Security Agreement (“Agreement”). The increase allows for total permitted borrowings of $326 million up from $241 million. MUFG Union Bank, N.A. (MUFG) joined the lending group as a new lender with a commitment of $50 million.  The lending group also includes BMO Harris Bank, N.A., Agent for the lending group ($71 million commitment), Wells Fargo Bank, N.A. ($50 million commitment, up from $30 million), BOKF, NA d/b/a BOK Financial ($50 million commitment), First Horizon Bank ($50 million commitment, up from $40 million), Arvest Bank ($30 million commitment), and Commerce Bank ($25 million commitment, up from $20 million).  In addition to the increased permitted borrowings, the following designations for the lending group were authorized: (i) BOKF, NA d/b/a BOK Financial and Wells Fargo Bank, N.A. were designated as Co-Syndication Agents under the Loan Agreement and (ii) First Horizon Bank and MUFG Union Bank, N.A. were designated as Co-Documentation Agents under the Loan Agreement.“We appreciate the continued commitment of our existing lenders and are excited to have MUFG as a new partner,” said Vickie Judy, Chief Financial Officer. “This increase will allow us to continue to grow and make the necessary investments in key areas to provide a foundation for servicing a larger number of customers.  The expanded facility will allow us to support our commitment and promise to do whatever it takes to provide customers with excellent service, care and compassion before, during and after the vehicle sale and keep them on the road with peace of mind.”About America’s Car-MartAmerica’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. 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. CONTACT: Contacts:Jeff Williams, CEO at (479) 464-9944 or Vickie Judy, CFO at (479) 464-9944

30 Dec, 2020 @ 16:40 by Yahoo! Finance

GPI vs. CRMT: Which Stock Is the Better Value Option?

17 Dec, 2020 @ 15:45 by Yahoo! Finance

Rogers, Arkansas , Dec. 17, 2020 (GLOBE NEWSWIRE) — America’s Car-Mart, Inc. (NASDAQ: CRMT) opened its 151st dealership located in Edmond, OK.  This will be the 28th dealership in Oklahoma and the third dealership opening in fiscal year 2021.  The dealership will be managed by April Renfro. “A great deal of thought and foresight is placed on our decisions about where to grow. We select communities where we believe we can fill a void when it comes to what we offer at Car-Mart,” said Jeff Williams, President and Chief Executive Officer, “We’re different from traditional dealerships. In addition to providing quality, used vehicles we also provide financing and exceptional service after the sale. We are committed to providing peace of mind for our customers and we believe communities are better when we are there.” “We’re excited about joining the Edmond community. It’s a growing area with a lot of potential,” said Ms. Renfro. “At Car-Mart, we offer a unique buying process for our customers where it’s not just a purchase, but an experience. We get to know our customers and work closely with them on flexible financing that meets their needs and budgets.  We stay with them throughout their journey from the time they buy their vehicle until they pay-off their vehicle and beyond.  We keep them on the road.” This new dealership is located at 909 S Broadway; the hours are 9 a.m. to 6 p.m., Monday through Saturday. The store is closed on Sundays. Customers can also shop online at Car-Mart.com, or begin the financing approval process with Car-Mart’s online application at Car-Mart.com/getapproved. 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. Car-Mart was named to the Forbes America’s Best Mid-Size Employers list for two consecutive years in 2019 and 2018 and has sold over 700,000 vehicles since fiscal year 2000. CONTACT: Contacts:Jeff Williams, CEO at (479) 464-9944 or Vickie Judy, CFO at (479) 464-9944

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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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