NASDAQ:CPRTCopart Stock Price, Forecast & News

Copart's stock was trading at $75.73 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization (WHO). Since then, CPRT stock has increased by 14.3% and is now trading at $86.58. View which stocks have been most impacted by Coronavirus.

9 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Copart in the last year. There are currently 4 hold ratings and 5 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View analyst ratings for Copart.

Copart is scheduled to release its next quarterly earnings announcement on Wednesday, September 2nd 2020. View our earnings forecast for Copart.

Copart, Inc. (NASDAQ:CPRT) posted its earnings results on Wednesday, May, 20th. The business services provider reported $0.58 earnings per share for the quarter, missing the consensus estimate of $0.64 by $0.06. The business services provider earned $550.36 million during the quarter, compared to analyst estimates of $547.05 million. Copart had a return on equity of 29.08% and a net margin of 30.95%. The business's revenue for the quarter was down .5% on a year-over-year basis. During the same quarter in the prior year, the company posted $0.66 EPS. View Copart's earnings history.

9 brokers have issued 1 year price objectives for Copart's shares. Their forecasts range from $73.00 to $100.00. On average, they anticipate Copart's stock price to reach $86.13 in the next twelve months. This suggests that the stock has a possible downside of 0.5%. View analysts' price targets for Copart.

Media headlines about CPRT stock have trended positive this week, according to InfoTrie Sentiment. InfoTrie scores the sentiment of press coverage by analyzing more than six thousand blog and news sources. The firm ranks coverage of public companies on a scale of negative five to five, with scores closest to five being the most favorable. Copart earned a media sentiment score of 2.1 on InfoTrie's scale. They also assigned news coverage about the business services provider a news buzz of 10.0 out of 10, meaning that recent press coverage is extremely likely to have an effect on the company's share price in the immediate future. View the latest news about Copart.

Copart saw a decrease in short interest in June. As of June 30th, there was short interest totaling 3,740,000 shares, a decrease of 7.7% from the June 15th total of 4,050,000 shares. Based on an average daily volume of 2,080,000 shares, the days-to-cover ratio is currently 1.8 days. Approximately 1.8% of the shares of the company are short sold. View Copart's Current Options Chain.

Some companies that are related to Copart include Cintas (CTAS), Iron Mountain (IRM), UniFirst (UNF), Healthcare Services Group (HCSG), KAR Auction Services (KAR), McGrath RentCorp (MGRC), Mobile Mini (MINI), Viad (VVI) and Performant Financial (PFMT). View all competitors.

Based on aggregate information from My MarketBeat watchlists, some companies that other Copart investors own include NVIDIA (NVDA), Alibaba Group (BABA), Adobe (ADBE), Mastercard (MA), Fortinet (FTNT), Home Depot (HD), Verizon Communications (VZ), Lululemon Athletica (LULU), Advanced Micro Devices (AMD) and Paypal (PYPL).

Copart trades on the NASDAQ under the ticker symbol "CPRT."

Copart's stock is owned by a number of retail and institutional investors. Top institutional shareholders include Manning & Napier Group LLC (0.32%), Envestnet Asset Management Inc. (0.15%), Scout Investments Inc. (0.09%), JLB & Associates Inc. (0.08%), TIAA FSB (0.05%) and Whittier Trust Co. (0.04%). Company insiders that own Copart stock include A Jayson Adair, Daniel J Englander, Jeffrey Liaw, Matt Blunt, Steven D Cohan, Thomas N Tryforos, William E Franklin and Willis J Johnson. View institutional ownership trends for Copart.

CPRT stock was sold by a variety of institutional investors in the last quarter, including Legacy Private Trust Co., Scout Investments Inc., IFM Investors Pty Ltd, Patton Fund Management Inc., JLB & Associates Inc., Whittier Trust Co., Welch & Forbes LLC, and CENTRAL TRUST Co. Company insiders that have sold Copart company stock in the last year include A Jayson Adair, Daniel J Englander, Jeffrey Liaw, Matt Blunt, Steven D Cohan, Thomas N Tryforos, and Willis J Johnson. View insider buying and selling activity for Copart.

CPRT stock was purchased by a variety of institutional investors in the last quarter, including Manning & Napier Group LLC, TIAA FSB, Envestnet Asset Management Inc., Whittier Trust Co. of Nevada Inc., Canandaigua National Corp, Harel Insurance Investments & Financial Services Ltd., Mount Yale Investment Advisors LLC, and Brasada Capital Management LP. View insider buying and selling activity for Copart.

Shares of CPRT can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.

One share of CPRT stock can currently be purchased for approximately $86.58.

Copart has a market capitalization of $20.33 billion and generates $2.04 billion in revenue each year. The business services provider earns $591.69 million in net income (profit) each year or $2.25 on an earnings per share basis. Copart employs 7,327 workers across the globe.

The official website for Copart is www.copart.com.

Copart's mailing address is 14185 DALLAS PARKWAY SUITE 300, DALLAS TX, 75254. The business services provider can be reached via phone at 972-391-5000 or via email at [email protected]