Copart Company Profile (NASDAQ:CPRT)

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

Copart, Inc. (NASDAQ:CPRT) released its quarterly earnings data on Tuesday, September, 19th. The company reported $0.35 EPS for the quarter, topping analysts' consensus estimates of $0.31 by $0.04. The firm had revenue of $378.60 million for the quarter, compared to the consensus estimate of $355.42 million. Copart had a return on equity of 31.83% and a net margin of 27.23%. The firm's revenue was up 13.8% on a year-over-year basis. During the same quarter in the prior year, the company posted $0.31 earnings per share. View Copart's Earnings History.

Copart is scheduled to release their next quarterly earnings announcement on Monday, November, 20th 2017. View Earnings Estimates for Copart.

3 brokers have issued 12-month price objectives for Copart's shares. Their forecasts range from $33.00 to $37.00. On average, they expect Copart's stock price to reach $35.00 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, "Copart is exposed to foreign currency fluctuations as it has operations in various international markets. Also, the company is incurring higher selling, general and administrative (“SGA”) expenses. Improving safety features in vehicles will likely have a negative impact on Copart’s future earnings. As safety features improve, the accident rate and hence, supply of salvage vehicles is expected to reduce. Moreover, the rapid progress in the development of driverless cars is a looming threat in the long run." (8/2/2017)
• 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), FleetCor Technologies (FLT), Verisk Analytics (VRSK), Total System Services (TSS), Equifax (EFX), Alliance Data Systems Corporation (ADS), Vantiv (VNTV), Randstad Hldgs Nv (RANJY), Gartner (IT), INTERTEK GP PLC (IKTSY), Broadridge Financial Solutions (BR), Western Union Company (The) (WU), Xerox Corporation (XRX), Interpublic Group of Companies, Inc. (The) (IPG), TransUnion (TRU), Smiths Group PLC (SMGZY) and ManpowerGroup (MAN).

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 number of of retail and institutional investors. Top institutional investors include Vanguard Group Inc. (7.03%), BlackRock Inc. (6.99%), William Blair Investment Management LLC (4.57%), Lazard Asset Management LLC (3.84%), Principal Financial Group Inc. (3.22%) and Wasatch Advisors Inc. (3.07%). 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 FMR LLC, Boston Advisors LLC, Candriam Luxembourg S.C.A., King Luther Capital Management Corp, Kimelman & Baird LLC, Montag & Caldwell LLC, Breton Hill Capital Ltd. and Northwestern Mutual Investment Management Company LLC. Company insiders that have sold Copart stock in the last year include A Jayson Adair, James E Meeks and Vikrant Bhatia. View Insider Buying and Selling for Copart.

Copart's stock was purchased by a variety of institutional investors in the last quarter, including Vanguard Group Inc., BlackRock Inc., William Blair Investment Management LLC, Principal Financial Group Inc., Wasatch Advisors Inc., Kayne Anderson Rudnick Investment Management LLC, JPMorgan Chase & Co. and State Street Corp. 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 $33.74.