Americas Car Mart traded at $11.04 this Friday May 15th, decreasing $1.02 or 8.46 percent since the previous trading session. Looking back, over the last four weeks, Americas Car Mart lost 6.36 percent. Over the last 12 months, its price fell by 78.66 percent. Looking ahead, we forecast Americas Car Mart to be priced at 10.82 by the end of this quarter and at 10.18 in one year, according to Trading Economics global macro models projections and analysts expectations.
America’s Car-Mart, Inc. is an automotive retailer in the United States. The Company operates in the integrated auto sales and finance segment of the used car market, also referred to as the integrated auto sales and finance industry. In this industry, the nature of the sale, the type of customer and the methods used to distribute the Company’s products and services, including the actual servicing of the contracts, as well as the regulatory environment in which the Company operates, all have similar characteristics. The Company operates through its two subsidiaries, including America’s Car Mart, Inc., an Arkansas corporation (Car-Mart of Arkansas) and Colonial Auto Finance, Inc., an Arkansas corporation (Colonial). It primarily sells older model used vehicles and provides financing for substantially all of its customers. The Company operated 151 dealerships located primarily in small cities throughout the South-Central United States.