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. Since then, CPRT shares have increased by 9.6% and is now trading at $82.99. 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) issued its earnings results on Wednesday, May, 20th. The business services provider reported $0.58 EPS 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 the consensus estimate of $547.05 million. Copart had a return on equity of 29.08% and a net margin of 30.95%. Copart's revenue for the quarter was down .5% on a year-over-year basis. During the same quarter in the previous year, the firm posted $0.66 earnings per share. View Copart's earnings history.

9 brokers have issued 12-month price targets 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 a possible upside of 3.8% from the stock's current price. View analysts' price targets for Copart.

Media stories about CPRT stock have been trending negative on Thursday, according to InfoTrie Sentiment. The research group identifies positive and negative media coverage by monitoring more than six thousand news and blog sources in real-time. The firm ranks coverage of public companies on a scale of -5 to 5, with scores closest to five being the most favorable. Copart earned a coverage optimism score of -2.1 on InfoTrie's scale. They also gave headlines about the business services provider a news buzz of 0.0 out of 10, meaning that recent media coverage is extremely unlikely to have an impact on the company's share price in the next few days. View the latest news about Copart.

Copart saw a decrease in short interest during the month of 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 presently 1.8 days. Approximately 1.8% of the company's stock are sold short. View Copart's Current Options Chain.

Some companies that are related to Copart include Cintas (CTAS), Iron Mountain (IRM), UniFirst (UNF), KAR Auction Services (KAR), Healthcare Services Group (HCSG), Mobile Mini (MINI), McGrath RentCorp (MGRC), 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 Envestnet Asset Management Inc. (0.15%), State of Alaska Department of Revenue (0.03%), DNB Asset Management AS (0.01%), Patton Fund Management Inc. (0.01%), Fulton Bank N. A. (0.00%) and Livforsakringsbolaget Skandia Omsesidigt (0.00%). 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 Patton Fund Management Inc.. 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, William E Franklin, 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 Envestnet Asset Management Inc., Fulton Bank N. A., Livforsakringsbolaget Skandia Omsesidigt, DNB Asset Management AS, and State of Alaska Department of Revenue. 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 $82.99.

Copart has a market capitalization of $19.48 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]