NASDAQ:CPRT - Copart Stock Price, Forecast & News

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

Copart, Inc. (NASDAQ:CPRT) released its quarterly earnings results on Wednesday, November, 20th. The business services provider reported $0.65 earnings per share (EPS) for the quarter, beating the Zacks' consensus estimate of $0.59 by $0.06. The business services provider had revenue of $554.40 million for the quarter, compared to the consensus estimate of $544.46 million. Copart had a net margin of 32.59% and a return on equity of 34.06%. Copart's revenue was up 20.2% on a year-over-year basis. During the same quarter in the prior year, the firm earned $0.47 earnings per share. View Copart's Earnings History.

Copart is scheduled to release their next quarterly earnings announcement on Wednesday, February 19th 2020. View Earnings Estimates for Copart.

5 brokerages have issued 12 month price targets for Copart's stock. Their forecasts range from $71.00 to $100.00. On average, they expect Copart's stock price to reach $88.25 in the next twelve months. This suggests that the stock has a possible downside of 9.1%. View Analyst Price Targets for Copart.

5 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Copart in the last year. There are currently 1 sell rating, 2 hold ratings and 2 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Copart.

News articles about CPRT stock have trended somewhat positive this week, InfoTrie Sentiment Analysis reports. InfoTrie scores the sentiment of news coverage by analyzing more than six thousand news and blog sources in real time. The firm ranks coverage of publicly-traded companies on a scale of -5 to 5, with scores closest to five being the most favorable. Copart earned a news sentiment score of 1.7 on InfoTrie's scale. They also assigned press coverage about the business services provider a news buzz of 10.0 out of 10, meaning that recent news coverage is extremely likely to have an effect on the stock's share price in the near term. View News Stories for Copart.

Copart saw a increase in short interest in the month of December. As of December 31st, there was short interest totalling 6,180,000 shares, an increase of 31.2% from the December 15th total of 4,710,000 shares. Based on an average daily volume of 1,740,000 shares, the short-interest ratio is presently 3.6 days. Approximately 3.1% of the company's shares are short sold. 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), McGrath RentCorp (MGRC), Mobile Mini (MINI), Viad (VVI) and Performant Financial (PFMT).

Based on aggregate information from My MarketBeat watchlists, some companies that other Copart investors own include NVIDIA (NVDA), Alibaba Group (BABA), Home Depot (HD), Lululemon Athletica (LULU), Mastercard (MA), Adobe (ADBE), Fortinet (FTNT), UnitedHealth Group (UNH), Verizon Communications (VZ) and Cisco Systems (CSCO).

Copart's stock is owned by many different of institutional and retail investors. Top institutional investors include Scout Investments Inc. (0.12%), Ingalls & Snyder LLC (0.06%), Nisa Investment Advisors LLC (0.05%), Gateway Investment Advisers LLC (0.04%), Brasada Capital Management LP (0.03%) and State of Alaska Department of Revenue (0.03%). Company insiders that own Copart stock include A Jayson Adair, Daniel J Englander, Jeffrey Liaw, Matt Blunt, Steven D Cohan, Thomas N Tryforos and William E Franklin. View Institutional Ownership Trends for Copart.

CPRT stock was sold by a variety of institutional investors in the last quarter, including Scout Investments Inc., Bright Rock Capital Management LLC, Meag Munich Ergo Kapitalanlagegesellschaft MBH, State of Alaska Department of Revenue, Gateway Investment Advisers LLC, Ingalls & Snyder LLC, Rockland Trust Co. and Bennicas & Associates Inc.. Company insiders that have sold Copart company stock in the last year include A Jayson Adair, Matt Blunt, Steven D Cohan, Thomas N Tryforos and William E Franklin. View Insider Buying and Selling for Copart.

CPRT stock was purchased by a variety of institutional investors in the last quarter, including Commerzbank Aktiengesellschaft FI, First Hawaiian Bank, Paragon Advisors LLC, Cerebellum GP LLC, Carroll Financial Associates Inc., Brasada Capital Management LP, DNB Asset Management AS and Winslow Evans & Crocker Inc.. View Insider Buying and Selling 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 $97.12.

Copart has a market capitalization of $22.58 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.View Additional Information About Copart.

The official website for Copart is http://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]