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America's Car-Mart, Inc. Completes $216 Million Term Securitization
GlobeNewswire News Room· 2025-05-30 12:00
Core Insights - America's Car-Mart, Inc. has completed a term securitization transaction, issuing $216 million in asset-backed notes with a weighted average coupon of 6.27% [1][3] Group 1: Securitization Details - ACM Auto Trust 2025-2 issued $165.18 million of Class A Notes at a coupon rate of 5.55% and $50.82 million of Class B Notes at a coupon rate of 7.25% [2] - The weighted average coupon improved by 22 basis points from the January 2025 issuance and by 107 basis points from the October 2024 issuance, indicating a positive trend in financing costs [3] Group 2: Company Overview - America's Car-Mart operates automotive dealerships in 12 states, focusing on the "Integrated Auto Sales and Finance" segment of the used car market, emphasizing customer service and strong relationships [5]
Defiance Launches CVNX: The First 2X Long ETF for Carvana Co.
GlobeNewswire News Room· 2025-05-29 10:00
Core Viewpoint - Defiance ETFs has launched CVNX, a 2X leveraged single-stock ETF aimed at providing amplified exposure to Carvana Co. (CVNA), allowing traders to pursue enhanced upside potential without needing a margin account [1][3]. Company Overview - Carvana Co. is recognized as a leader in the digital transformation of the used-car retail industry [2]. - The company has experienced significant growth, with its stock price increasing nearly 200% over the past year and Q1 2025 revenue reaching $4.23 billion [3]. ETF Details - CVNX aims to achieve daily investment results that are two times (200%) the daily percentage change in Carvana's share price [2]. - The ETF is designed for knowledgeable investors who are prepared to actively monitor their portfolios due to the inherent risks associated with leveraged investments [4][5]. Market Context - The launch of CVNX is positioned as a tool for savvy traders to capitalize on Carvana's growth and the ongoing disruption in the automotive retail sector [3].
Nasdaq Jumps Over 300 Points On EU Tariff Delay; AutoZone Posts Downbeat Earnings
Benzinga· 2025-05-27 14:20
U.S. stocks traded higher this morning, with the Nasdaq Composite surging more than 300 points on Tuesday. President Donald Trump announced the extension of the 50% tariffs on Sunday till July 9, which he had initially announced on Friday.Following the market opening Tuesday, the Dow traded up 0.95% to 41,997.56 while the NASDAQ surged 1.78% to 19,070.48. The S&P 500 also rose, gaining, 1.33% to 5,879.93.Check This Out: Jim Cramer Says Rocket Is A ‘Very Fine’ Company, Recommends Buying This Health Care Stoc ...
Carvana Stock Soars 26% in a Month: Is the Momentum Real or Just Hype?
ZACKS· 2025-05-27 14:05
Core Viewpoint - Carvana is experiencing significant stock market momentum, driven by favorable used auto market conditions and improved unit economics due to cost containment measures [1][5]. Stock Performance - Carvana's stock surged by 280% last year and is up 50% year-to-date, with a 26% increase in the past month, outperforming peers like Sonic Automotive and Lithia Motors, which saw increases of 10% and 7% respectively [2][4]. Financial Results - Carvana reported impressive first-quarter 2025 results, with the stock trading well above its 50-day and 200-day moving averages, and a Momentum Score of A indicating a strong upward trend [5][19]. Business Turnaround - The company has successfully pivoted from near-bankruptcy through disciplined leadership, aggressive cost-cutting, and critical debt restructuring, allowing it to focus on operational improvements [8][10]. Operational Improvements - Carvana has enhanced its reconditioning process, reduced transport costs, and expanded its wholesale segment, leading to improved efficiency and demand generation at lower costs [11]. Profitability Metrics - The gross profit per unit increased by 8% in the last reported quarter, with a record adjusted EBITDA of $488 million, more than double from the previous year, and an adjusted EBITDA margin of 11.5%, significantly higher than competitors [12][19]. Market Position and Growth Potential - As the second-largest used car retailer in the U.S., Carvana holds only about 1% of the total market, indicating substantial growth opportunities in a fragmented industry [15]. Demand Trends - Retail unit sales surged nearly 46% in the last reported quarter, with expectations for continued momentum throughout 2025 [15]. Trade Environment - Carvana's business model may benefit from rising new car prices, as the CEO believes the value-focused used-car model will attract more customers [16]. Unique Business Model - Carvana's distinctive car vending machine experience enhances customer engagement, complemented by a seven-day return policy that mitigates the lack of traditional test drives [17]. Earnings Estimates - The Zacks Consensus Estimate predicts earnings growth of 192% in 2025 and 32.7% in 2026, with rising analyst estimates reflecting growing confidence in the stock [18].
America's Car-Mart Kicks Off Annual Community Fan Drive
GlobeNewswire News Room· 2025-05-27 12:00
For more information, contact Media.Relations@Car-Mart.com ROGERS, Ark., May 27, 2025 (GLOBE NEWSWIRE) -- America’s Car-Mart, Inc. (Nasdaq: CRMT) announced its annual Community Fan Drive, a company tradition conducted every May and June. For over 25 years, Car-Mart has rallied its customers, associates, and partners to collect fans that are then donated to local charities chosen by each dealership. “Summer means higher temperatures, and it will be difficult for some people to stay cool and comfortable. Ever ...
Group 1 Automotive Deserves To Keep Cruising Higher
Seeking Alpha· 2025-05-23 21:56
Group 1 - The automotive retailer Group 1 Automotive, Inc. (NYSE: GPI) has been consistently viewed positively in recent years [1] - The focus of Crude Value Insights is on cash flow and companies that generate it, highlighting value and growth prospects in the oil and natural gas sector [1] Group 2 - Subscribers have access to a 50+ stock model account and in-depth cash flow analyses of exploration and production firms [2] - The service includes live chat discussions about the oil and gas sector [2]
Advance Auto Parts Analysts Increase Their Forecasts After Strong Q1 Results
Benzinga· 2025-05-23 17:02
Financial Performance - Advance Auto Parts reported adjusted earnings per share of a 22 cents loss, which was better than the analyst consensus estimate of an 82 cents loss [1] - Quarterly sales reached $2.583 billion, a decrease of 6.8% year over year, but exceeded the expected $2.499 billion [1] - Comparable store sales for the first quarter of 2025 decreased by 0.6% [1] Market Reaction - Following the earnings announcement, Advance Auto Parts shares fell by 4.7% to $46.86 [2] Analyst Ratings and Price Targets - Evercore ISI Group analyst Greg Melich maintained an In-Line rating and raised the price target from $35 to $45 [7] - Morgan Stanley analyst Simeon Gutman maintained an Equal-Weight rating and increased the price target from $45 to $48 [7] - BMO Capital analyst Tristan Thomas-Martin maintained a Market Perform rating and boosted the price target from $40 to $50 [7] - Goldman Sachs analyst Kate McShane maintained a Neutral rating and raised the price target from $43 to $48 [7] - B of A Securities analyst Elizabeth Suzuki maintained an Underperform rating and increased the price target from $33 to $39 [7]
Lithia Motors (LAD) Up 5.3% Since Last Earnings Report: Can It Continue?
ZACKS· 2025-05-23 16:36
Core Viewpoint - Lithia Motors (LAD) shares have increased by approximately 5.3% since the last earnings report, but this performance is below that of the S&P 500 [1] Group 1: Earnings and Estimates - Recent estimates for Lithia Motors have trended downward, with a consensus estimate shift of -5.47% [2] - The most recent earnings report is crucial for understanding the catalysts affecting the stock [1] Group 2: VGM Scores - Lithia Motors has a strong Growth Score of A, but a low Momentum Score of F, while also receiving an A for value, placing it in the top quintile for this investment strategy [3] - The overall aggregate VGM Score for Lithia Motors is A, which is significant for investors not focused on a single strategy [3] Group 3: Outlook - The downward trend in estimates indicates a broader negative sentiment, with Lithia Motors holding a Zacks Rank of 3 (Hold) [4] - An in-line return is expected from the stock in the upcoming months [4]
Advance Auto Parts Gears Up For Q1 Print; Here Are The Recent Forecast Changes From Wall Street's Most Accurate Analysts
Benzinga· 2025-05-22 06:42
Advance Auto Parts, Inc. AAP will release its first-quarter earnings results before the opening bell on Thursday, May 22.Analysts expect the Raleigh, North Carolina-based company to report a quarterly loss at 69 cents per share, versus a year-ago profit of 67 cents per share in the year-ago period. According to data from Benzinga Pro, Advance Auto Parts projects to report quarterly revenue at $2.51 billion, compared to $3.41 billion a year earlier.On March 26, Advance Auto Parts disclosed that it completed ...
Advance Auto Parts: Turnaround Traction Leaves Deep Value Upside
Seeking Alpha· 2025-05-20 13:29
Analyst's Disclosure: I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article. Moretus Research delivers state-of-the-art, buy-side quality equity research for serious investors se ...