NASDAQ:CPRT - Copart Stock Price, Forecast & News

Copart's stock was trading at $75.73 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization. Since then, CPRT shares have decreased by 7.2% and is now trading at $70.30. View which stocks have been mosted impacted by Coronavirus.

6 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Copart in the last year. There are currently 1 sell rating, 1 hold rating and 4 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, May 27th 2020. View our earnings forecast for Copart.

Copart, Inc. (NASDAQ:CPRT) released its earnings results on Wednesday, February, 19th. The business services provider reported $0.65 earnings per share (EPS) for the quarter, meeting the Thomson Reuters' consensus estimate of $0.65. The business services provider had revenue of $575.10 million for the quarter, compared to analyst estimates of $576.09 million. Copart had a net margin of 32.95% and a return on equity of 32.56%. The company's revenue for the quarter was up 18.6% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $0.52 earnings per share. View Copart's earnings history.

6 Wall Street analysts have issued twelve-month price targets for Copart's shares. Their forecasts range from $71.00 to $110.00. On average, they anticipate Copart's share price to reach $89.50 in the next twelve months. This suggests a possible upside of 27.3% from the stock's current price. View analysts' price targets for Copart.

Press coverage about CPRT stock has been trending very positive recently, InfoTrie Sentiment reports. InfoTrie rates the sentiment of media coverage by analyzing more than six thousand news and blog sources. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Copart earned a media sentiment score of 4.0 on InfoTrie's scale. They also gave media coverage about the business services provider a news buzz of 10.0 out of 10, indicating that recent media coverage is extremely likely to have an impact on the stock's share price in the near future. View the latest news aboutCopart.

Copart saw a increase in short interest in the month of March. As of March 13th, there was short interest totaling 5,263,200 shares, an increase of 12.0% from the February 27th total of 4,700,000 shares. Based on an average daily volume of 2,720,900 shares, the days-to-cover ratio is presently 1.9 days. Approximately 2.6% of the shares of the stock are short sold. 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), 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), Mastercard (MA), Home Depot (HD), Lululemon Athletica (LULU), Adobe (ADBE), Verizon Communications (VZ), Fortinet (FTNT), Walt Disney (DIS) and UnitedHealth Group (UNH).

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

Copart's stock is owned by many different institutional and retail investors. Top institutional investors include State Street Corp (3.71%), Principal Financial Group Inc. (2.85%), FMR LLC (2.21%), Alliancebernstein L.P. (2.14%), US Bancorp DE (1.90%) and Massachusetts Financial Services Co. MA (1.52%). 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 Kayne Anderson Rudnick Investment Management LLC, Alliancebernstein L.P., William Blair Investment Management LLC, US Bancorp DE, Janus Henderson Group PLC, Renaissance Technologies LLC, Nuveen Asset Management LLC, and Marshall Wace LLP. Company insiders that have sold Copart company stock in the last year include A Jayson Adair, Daniel J Englander, Matt Blunt, Steven D Cohan, Thomas N Tryforos, and William E Franklin. View insider buying and selling activity for Copart.

CPRT stock was purchased by a variety of institutional investors in the last quarter, including Norges Bank, Madison Asset Management LLC, Massachusetts Financial Services Co. MA, Skandinaviska Enskilda Banken AB publ, Point72 Asset Management L.P., Axiom International Investors LLC DE, Teacher Retirement System of Texas, and State Street Corp. 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 $70.30.

Copart has a market capitalization of $16.43 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]