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 17.8% and is now trading at $89.24. 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 quarterly earnings results on Wednesday, May, 20th. The business services provider reported $0.58 EPS for the quarter, missing the Thomson Reuters' consensus estimate of $0.64 by $0.06. The business services provider had revenue of $550.36 million for the quarter, compared to the consensus estimate of $547.05 million. Copart had a net margin of 30.95% and a return on equity of 30.34%. Copart's revenue for the quarter was down .5% compared to the same quarter last year. During the same period last year, the business posted $0.66 EPS. View Copart's earnings history.

9 analysts have issued 1 year price targets for Copart's shares. Their forecasts range from $65.00 to $100.00. On average, they anticipate Copart's share price to reach $85.00 in the next twelve months. This suggests that the stock has a possible downside of 4.8%. View analysts' price targets for Copart.

Headlines about CPRT stock have trended somewhat negative this week, InfoTrie Sentiment reports. InfoTrie rates the sentiment of media coverage by analyzing more than six thousand blog and news sources. 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 coverage optimism score of -1.7 on InfoTrie's scale. They also assigned news stories about the business services provider a news buzz of 0.0 out of 10, indicating that recent media coverage is extremely unlikely to have an effect on the company's share price in the next few days. View the latest news aboutCopart.

Copart saw a drop in short interest in the month of May. As of May 15th, there was short interest totaling 4,370,000 shares, a drop of 18.0% from the April 30th total of 5,330,000 shares. Based on an average trading volume of 2,610,000 shares, the short-interest ratio is currently 1.7 days. Approximately 2.1% of the shares of the 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), Healthcare Services Group (HCSG), KAR Auction Services (KAR), 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 a number of institutional and retail investors. Top institutional shareholders include BlackRock Inc. (7.95%), State Street Corp (3.71%), Principal Financial Group Inc. (3.09%), Wellington Management Group LLP (3.03%), Melvin Capital Management LP (2.02%) and US Bancorp DE (1.79%). 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 Alliancebernstein L.P., JPMorgan Chase & Co., Clearbridge Investments LLC, Janus Henderson Group PLC, US Bancorp DE, Nuveen Asset Management LLC, Nicholas Company Inc., and AXA. Company insiders that have sold Copart company stock in the last year include A Jayson Adair, Daniel J Englander, Steven D Cohan, Thomas N Tryforos, William E Franklin, and Willis J Johnson. View insider buying and selling activity for Copart.

CPRT stock was acquired by a variety of institutional investors in the last quarter, including Wellington Management Group LLP, William Blair Investment Management LLC, Melvin Capital Management LP, Korea Investment CORP, Manning & Napier Group LLC, Principal Financial Group Inc., Baird Financial Group Inc., and Loomis Sayles & Co. L P. 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 $89.24.

Copart has a market capitalization of $20.86 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]