Copart (CPRT) Projected to Post Quarterly Earnings on Thursday

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

Copart (NASDAQ:CPRT - Get Free Report) last released its quarterly earnings data on Thursday, February 20th. The business services provider reported $0.40 earnings per share for the quarter, topping analysts' consensus estimates of $0.38 by $0.02. Copart had a return on equity of 19.31% and a net margin of 32.27%. The company 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 Price Performance

Copart stock opened at $61.24 on Thursday. The stock has a market cap of $59.16 billion, a price-to-earnings ratio of 41.10 and a beta of 1.20. Copart has a 1-year low of $48.05 and a 1-year high of $64.38. The firm has a 50 day simple moving average of $56.98 and a 200-day simple moving average of $57.45.

Insiders Place Their Bets

In other news, Director James E. Meeks sold 100,000 shares of the company's stock in a transaction on Wednesday, March 19th. The shares were sold at an average price of $54.00, for a total value of $5,400,000.00. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, Director Steven D. Cohan sold 94,997 shares of the firm's stock in a transaction dated Monday, April 14th. The stock was sold at an average price of $60.01, for a total value of $5,700,769.97. The disclosure for this sale can be found here. Insiders sold a total of 200,000 shares of company stock worth $11,401,000 over the last 90 days. Corporate 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 increased its position in shares of Copart, Inc. (NASDAQ:CPRT - Free Report) by 92.1% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 14,215 shares of the business services provider's stock after buying 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. 85.78% of the stock is owned by institutional investors.

Wall Street Analysts Forecast Growth

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

About Copart

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.

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