Copart (CPRT) to Release Quarterly Earnings on Thursday

Copart (NASDAQ:CPRT - Get Free Report) is expected to release its Q3 2025 earnings data before the market opens on Thursday, May 15th. Analysts expect the company to announce earnings of $0.42 per share and revenue of $1.23 billion for the quarter.

Copart (NASDAQ:CPRT - Get Free Report) last issued its earnings results on Thursday, February 20th. The business services provider reported $0.40 earnings per share for the quarter, beating the consensus estimate of $0.38 by $0.02. Copart had a net margin of 32.27% and a return on equity of 19.31%. The business had revenue of $1.16 billion for the quarter, compared to analyst estimates of $1.13 billion. On average, analysts expect Copart to post $2 EPS for the current fiscal year and $2 EPS for the next fiscal year.

Copart Trading Up 0.1%

NASDAQ:CPRT traded up $0.04 during mid-day trading on Tuesday, hitting $62.20. The company's stock had a trading volume of 564,205 shares, compared to its average volume of 4,400,303. The stock has a fifty day moving average of $57.42 and a 200-day moving average of $57.74. The company has a market capitalization of $60.09 billion, a price-to-earnings ratio of 41.75 and a beta of 1.20. Copart has a fifty-two week low of $48.05 and a fifty-two week high of $64.38.

Insiders Place Their Bets

In other news, Director Steven D. Cohan sold 94,997 shares of the company's stock in a transaction on Monday, April 14th. The stock was sold at an average price of $60.01, for a total transaction of $5,700,769.97. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, Director James E. Meeks sold 100,000 shares of the business's stock in a transaction dated Wednesday, March 19th. The stock was sold at an average price of $54.00, for a total value of $5,400,000.00. The disclosure for this sale can be found here. Over the last three months, insiders sold 200,000 shares of company stock valued at $11,401,000. Insiders own 9.68% of the company's stock.

Institutional Investors Weigh In On Copart

An institutional investor recently raised its position in Copart stock. Brighton Jones LLC lifted its stake in shares of Copart, Inc. (NASDAQ:CPRT - Free Report) by 92.1% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 14,215 shares of the business services provider's stock after purchasing an additional 6,817 shares during the quarter. Brighton Jones LLC's holdings in Copart were worth $816,000 at the end of the most recent quarter. Hedge funds and other institutional investors own 85.78% of the company's stock.

Analyst Ratings Changes

Separately, Argus cut shares of Copart from a "buy" rating to a "hold" rating in a research report on Friday, March 14th.

Copart Company Profile

Copart, Inc provides online auctions and vehicle remarketing services. It offers a range of services for processing and selling vehicles over the Internet through its Virtual Bidding Third Generation Internet auction-style sales technology on behalf of vehicle sellers, insurance companies, banks and finance companies, charities, and fleet operators and dealers, as well as individual owners.