NASDAQ:CPRTCopart Stock Price, Forecast & News

Copart's stock was trading at $75.73 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization (WHO). Since then, CPRT stock has increased by 14.5% and is now trading at $86.73. 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) released its quarterly earnings results on Wednesday, May, 20th. The business services provider reported $0.58 EPS for the quarter, missing the Zacks' consensus estimate of $0.64 by $0.06. The business services provider had revenue of $550.36 million for the quarter, compared to analysts' expectations of $547.05 million. Copart had a net margin of 30.95% and a return on equity of 29.08%. The firm's revenue for the quarter was down .5% on a year-over-year basis. During the same period in the previous year, the company earned $0.66 earnings per share. View Copart's earnings history.

9 brokerages have issued 1 year price objectives for Copart's stock. 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 0.7%. View analysts' price targets for Copart.

News headlines about CPRT stock have been trending positive recently, according to InfoTrie Sentiment Analysis. The research firm identifies positive and negative news coverage by analyzing more than six thousand news and blog sources in real time. The firm ranks coverage of public companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Copart earned a daily sentiment score of 2.1 on InfoTrie's scale. They also gave news headlines about the business services provider a news buzz of 10.0 out of 10, indicating that recent news coverage is extremely likely to have an effect on the stock's share price in the near future. View the latest news about Copart.

Copart saw a drop in short interest in June. As of June 30th, there was short interest totaling 3,740,000 shares, a drop of 7.7% from the June 15th total of 4,050,000 shares. Based on an average trading volume of 2,080,000 shares, the days-to-cover ratio is currently 1.8 days. Approximately 1.8% of the shares of the stock 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 many different retail and institutional investors. Top institutional investors 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 bought 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 $86.73.

Copart has a market capitalization of $20.36 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]