Copart Company Profile (NASDAQ:CPRT)

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

Copart, Inc. (NASDAQ:CPRT) posted its earnings results on Wednesday, May, 24th. The company reported $0.37 earnings per share (EPS) for the quarter, topping the Thomson Reuters' consensus estimate of $0.36 by $0.01. The company had revenue of $373.90 million for the quarter, compared to analysts' expectations of $386.61 million. Copart had a return on equity of 33.20% and a net margin of 29.10%. Copart's quarterly revenue was up 7.7% on a year-over-year basis. During the same period last year, the firm earned $0.64 earnings per share. View Copart's Earnings History.

Copart is scheduled to release their next quarterly earnings announcement on Monday, September, 18th 2017. View Earnings Estimates for Copart.

6 analysts have issued 1-year target prices for Copart's shares. Their forecasts range from $33.00 to $63.00. On average, they anticipate Copart's stock price to reach $52.50 in the next twelve months. View Analyst Ratings for Copart.

Here are some recent quotes from research analysts about Copart stock:

• 1. According to Zacks Investment Research, "Quarterly earnings estimates for Copart have been stable lately.  The company is gaining from several tailwinds such as rising revenues and geographic expansion. The company has opened 200 locations worldwide. It is expanding its network of facilities to manage increasing volumes. Copart also occasionally repurchases shares to boost shareholder value. However, Copart is highly exposed to currency fluctuations. Moreover, improving safety features in vehicles may impact revenue growth. The company has underperformed the Zacks-categorized Auction and Valuation Services industry over the last three months." (5/23/2017)
• 2. Jefferies Group LLC analysts commented, "After the close, NFLX reported slightly weaker than expected 1Q:17 paid net adds and slightly stronger than expected 2Q net-add guidance. In our view, the near-term story is unchanged. The shift in net adds to 2Q reflects content timing vs. a material change in NFLX’s growth trajectory. Management reiterated its 7% operating margin target for 2017, although 2Q margins will contract before expanding again in 2H:17. Domestic ASP increased on a full quarter of ungrandfathered pricing and 4K UHD adoption, while international pricing remained relatively flat." (4/18/2017)

Some companies that are related to Copart include Global Payments (GPN), Nielsen N.V. (NLSN), Verisk Analytics (VRSK), FleetCor Technologies (FLT), Adecco SA (AHEXY), Gartner (IT), Total System Services (TSS), Randstad Hldgs Nv (RANJY), Vantiv (VNTV), Interpublic Group of Companies, Inc. (The) (IPG), INTERTEK GP PLC (IKTSY), Broadridge Financial Solutions (BR), Western Union Company (The) (WU), Smiths Group PLC (SMGZY), TransUnion (TRU), Xerox Corporation (XRX), ManpowerGroup (MAN) and FactSet Research Systems (FDS).

Copart's management team includes the folowing people:

• Willis J. Johnson, Chairman of the Board
• Vincent W. Mitz, President, Director
• A. Jayson Adair, Chief Executive Officer, Director
• Jeffrey Liaw, Chief Financial Officer, Senior Vice President
• William E. Franklin, Executive Vice President - U.S. operations and Shared Services
• Rama Prasad, Senior Vice President, Chief Technology Officer
• Gregory R. DePasquale, Senior Vice President, General Counsel, Secretary
• Matt Blunt, Independent Director
• Steven D. Cohan, Independent Director
• Daniel J. Englander, Independent Director

Copart's stock is owned by a variety of of retail and institutional investors. Top institutional investors include Vanguard Group Inc. (3.46%), BlackRock Inc. (3.44%), Lazard Asset Management LLC (2.95%), William Blair Investment Management LLC (2.39%), Principal Financial Group Inc. (1.56%) and Kayne Anderson Rudnick Investment Management LLC (1.26%). Company insiders that own Copart stock include A Jayson Adair, James E Meeks, Matt Blunt, Paul A Styer, Robert H Vannuccini, Sean Eldridge, Steven D Cohan, Vikrant Bhatia, Vincent W Mitz and William E Franklin. View Institutional Ownership Trends for Copart.

Copart's stock was sold by a variety of institutional investors in the last quarter, including Jennison Associates LLC, King Luther Capital Management Corp, First Quadrant L P CA, Nicholas Company Inc., Royce & Associates LP, Bank of America Corp DE, Thrivent Financial For Lutherans and US Bancorp DE. Company insiders that have sold Copart stock in the last year include A Jayson Adair, James E Meeks, Matt Blunt, Paul A Styer, Robert H Vannuccini, Sean Eldridge, Vikrant Bhatia, Vincent W Mitz and William E Franklin. View Insider Buying and Selling for Copart.

Copart's stock was bought by a variety of institutional investors in the last quarter, including BlackRock Inc., William Blair Investment Management LLC, Clearbridge Investments LLC, Columbia Wanger Asset Management LLC, Vanguard Group Inc., Kayne Anderson Rudnick Investment Management LLC, Candriam Luxembourg S.C.A. and Old Mutual Global Investors UK Ltd.. View Insider Buying and Selling for Copart.

Shares of Copart can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

One share of Copart stock can currently be purchased for approximately $31.51.