America's Car-Mart Inc. (CRMT Quick QuoteCRMT - Free Report) is a Retail/Wholesale Auto/Truck company that could be an interesting play for investors. That is because, not only does the stock have decent short-term momentum, but it is seeing solid activity on the earnings estimate revision front as well.

These positive earnings estimate revisions suggest that analysts are becoming more optimistic on CRMT’s earnings for the coming quarter and year. In fact, consensus estimates have moved sharply higher for both of these time frames over the past four weeks, suggesting that America’s Car-Mart could be a solid choice for investors.

Current Quarter Estimates for CRMT

In the past 30 days, 2 estimates has gone higher for America’s Car-Mart while none has gone lower in the same time period. The trend has been pretty favorable too, with estimates rising from earnings of 40 cents per share 30 days ago, to earnings of 60 cents today, a move of 50%.

Current Year Estimates for CRMT

AMERICAS CAR-MT Price and Consensus

AMERICAS CAR-MT Price and Consensus | AMERICAS CAR-MT Quote

Meanwhile, America’s Car-Mart current year figures are also looking quite promising, with 3 estimates moving higher in the past month, compared to none lower. The consensus estimate trend has also seen a boost for this time frame with estimates rising from earnings of $2.07 per share 30 days ago, to earnings of $2.89 today, a move of 39.6%.

Bottom Line

The stock has also started to move higher lately, adding 14.7% over the past four weeks, suggesting that investors are starting to take note of this impressive story. So investors may definitely want to consider this Zacks Rank #1 (Strong Buy) stock to profit in the near future.

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