BTIG analyst Vincent Caintic has maintained their neutral stance on CRMT stock, giving a Hold rating today.
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Vincent Caintic has given his Hold rating due to a combination of factors influencing America’s Car-Mart’s current and future performance. While there is an improvement in EPS estimates driven by better same-store sales and cost efficiencies, there remains uncertainty regarding the near-term trajectory of CRMT shares. The company is expected to experience an adjusted loss in the short term, with a recovery anticipated in the following years.
Several potential catalysts could impact CRMT’s performance, such as the need for additional funding, the retention of customers amid planned store closures, and the procurement of vehicle inventories in a challenging market. Additionally, executing SG&A savings without disrupting operations adds to the uncertainty. Given these factors, Caintic does not foresee any immediate catalyst to significantly drive CRMT’s share price higher, warranting a Hold rating.
According to TipRanks, Caintic is a 3-star analyst with an average return of 1.1% and a 50.42% success rate. Caintic covers the Financial sector, focusing on stocks such as Atlanticus Holdings, American Express, and Upstart Holdings.
In another report released today, TR | OpenAI – 4o also reiterated a Hold rating on the stock with a $26.00 price target.