crmt posts
FeedPosted Aug 30th 2010 12:30PM by Wade Hansen (RSS feed)
Filed under: Insiders, Stocks to Buy
If you are looking for clues telling you which stocks have a good chance of increasing in value, you might want consider watching what insiders are doing. After all, talk is cheap, but when insiders put their own money on the line, you should sit up and take note.
American Superconductor Corp (AMSC) topped the insider-buying charts for the week ending July 9th as insiders snapped up 200,000 shares of company stock at a market value of $5,657,600. During the past six months, insiders have increased their overall holdings in the company by 27.24% and now own 10.05% of AMSC stock.
Mediamind Technologies Inc (MDMD) was not far behind, with insiders buying 380,200 shares at a market value of $4,372,302. Insiders now own 0.00% of the company's stock after decreasing their overall holdings by 0.00% during the past six months.
Continue reading Insiders Snapping Up American Superconductor, Mediamind and More
Posted Jun 3rd 2010 6:00PM by Steven Mallas (RSS feed)
Filed under: Earnings Reports, AutoNation Inc (AN)

America's Car-Mart Inc. (
CRMT), an automotive retailer whose colleagues include AutoNation Inc. (
AN) and CarMax Inc. (
KMX), reported what I thought was an excellent fourth quarter. But the shares aren't performing how one might think they would perform given the data.
At the time of this writing during the afternoon session, my screen showed a quote of $24.53 for the stock. That was up three little pennies. Not much action there, my trading friends. And I'll tell you, there hasn't been much excitement in the stock over the last few months. If you take a look at the
following chart, you'll see a narrow, boring range of sideways action.
Continue reading America's Car-Mart's Engine Ran Smoothly in the Fourth Quarter
Posted May 30th 2010 12:30PM by Trey Thoelcke (RSS feed)
Filed under: Earnings Reports, Forecasts, Economic Data
With the Memorial Day holiday in the U.S. and the fact that the earnings season has largely wound down, things will be fairly quiet on the economic calendar this week. Like the other big Canadian banks did last week, Bank of Nova Scotia (BNS) is expected to post strong second-quarter results. The same is true of Shoe Carnival (SCVL) and its competitor Collective Brands (PSS). But the earnings highlight of the week may come from America's Car-Mart Inc. (CRMT).
Bentonville Ark.-based America's Car-Mart, the largest publicly traded used auto retailer in the U.S., opened new dealerships and upgraded its communications infrastructure in its fiscal fourth quarter. Analysts surveyed by Thomson Reuters expect its earnings to have risen more than 25% from the same period of the previous year. Revenue for the three months that ended in April is expected to have risen about 14% in the past year. The consensus forecast for the full year has EPS up more than 30% and revenue up about 13%. The company's per-share earnings have beat consensus estimates in past four quarters, by as much as 45%.
Continue reading The Week in Preview: Employment, ISM Indexes, Earnings (CRMT, CSIQ, HOV)
Posted May 11th 2010 11:40AM by Eric Buscemi (RSS feed)
Filed under: Analyst Reports, Analyst Upgrades and Downgrades, Analyst Initiations
Analyst Upgrades
- Piper Jaffray upgraded Clear Channel Outdoors (CCO) to neutral from underweight following the company's Q1 results. The firm also doubled its price target for shares to $12 from $6.
- Deutsche Bank upgraded MetroPCS (PCS) to buy from hold to reflect higher EBITDA assumptions and valuation while doubling its target price for shares to $14 from $7.
- Thomas Weisel upgraded America's Car-Mart (CRMT) to overweight from market weight ahead of the company's Q4 results and upped its target for shares to $31 from $30. The firm has increased confidence in its FY11 estimates for the company and sees potential upside in Q4.
- Esterline Technologies (ESL) was upgraded to overweight from equal weight at Stephens.
- Cheesecake Factory (CAKE) was upgraded to outperform from neutral at Baird.
- J.B. Hunt (JBHT) was upgraded to buy from neutral at Longbow.
Continue reading Analyst Calls: CAKE, CCO, CRMT, DF, HON, PCS, PRI, ROK, SXE, TSN, WAC ...
Posted Jun 21st 2009 12:30PM by Trey Thoelcke (RSS feed)
Filed under: Earnings Reports, Forecasts, Walgreen Co (WAG), Darden Restaurants (DRI), NIKE, Inc'B' (NKE), KB HOME (KBH), Oracle Corp (ORCL), Economic Data
Continue reading The week in preview: End-of-quarter earnings expectations: Nike, Oracle, Walgreen ...
Posted Mar 3rd 2009 3:20PM by Zac Bissonnette (RSS feed)
Filed under: Earnings Reports

While
General Motors (NYSE:
GM) and Chrysler are clinging to the life raft of government cheese and new car dealers around the country are closing shop,
America's Car-Mart (NASDAQ:
CRMT) is doing a pretty brisk business.
The company reported its third quarter results this morning and they were pretty solid: an 8% increase in net income, a decrease in the company's debt load, and same-store sales growth of 2.9%. In a
press release, CEO Hank Henderson commented that "Throughout the quarter we carried a slightly larger percentage of higher-cost vehicles in an effort to better attract those folks who are now 'buy-here-pay-here' customers as a result of recent credit tightening. We were able to maintain the positive sales momentum that began well over a year ago. In fact, for the nine-month period, unit sales are up strongly at 7.7%, revenues are up 11.6% and same store revenue growth is up 11.2%."
Continue reading America's Car-Mart beats the recession
Posted Mar 1st 2009 12:30PM by Trey Thoelcke (RSS feed)
Filed under: Earnings Reports, Forecasts, Economic Data
While the release of economic data doesn't stop next week (see economic schedule highlights below), the earnings season does wind down dramatically. Most of the S&P 500 companies already have reported on the past quarter, which means dismal earnings news is largely behind us, at least for a while. About the only companies of note expected by analysts surveyed by Thomson Reuters to report falling earnings this week are Costco Wholesale Corp. (NASDAQ: COST), Wendy's/Arby's Group Inc. (NYSE: WEN), Foot Locker Inc. (NYSE: FL), Bank of Montreal (NYSE: BMO), and Steinway Musical Instruments Inc. (NYSE: LVB).
While PetSmart Inc. (NASDAQ: PETM) and Big Lots Inc. (NYSE: BIG) quarterly profits are expected to be about the same as a year ago, Liz Claiborne Inc. (NYSE: LIZ), Kenneth Cole Productions Inc. (NYSE: KCP), Ciena Corp. (NASDAQ: CIEN), and Trina Solar Ltd. (NYSE: TSL) are expected to have swung to losses in the most recent quarter.
Continue reading The week in preview: Earnings season winds down
Posted Dec 6th 2008 11:10AM by Trey Thoelcke (RSS feed)
Filed under: Earnings Reports, General Electric (GE), Johnson and Johnson (JNJ), Sears Holdings (SHLD), Research in Motion (RIMM), Goldman Sachs Group (GS), Yum Brands (YUM), Staples Inc (SPLS), Red Hat Inc (RHT), Merck and Co (MRK), Palm Inc (PALM), Marvell Technology Group (MRVL)
Here are some highlights from this past week's earnings coverage from BloggingStocks:
Continue reading Earnings highlights: Sears, GE, Goldman Sachs, Johnson & Johnson, Staples and others
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