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 shares have increased by 10.3% and is now trading at $83.55. 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) announced its earnings results on Wednesday, May, 20th. The business services provider reported $0.58 earnings per share for the quarter, missing the consensus estimate of $0.64 by $0.06. The business services provider earned $550.36 million during the quarter, compared to analysts' expectations of $547.05 million. Copart had a net margin of 30.95% and a return on equity of 29.08%. Copart's quarterly revenue was down .5% compared to the same quarter last year. During the same quarter last year, the company earned $0.66 earnings per share. View Copart's earnings history.

9 analysts have issued 12 month target prices for Copart's stock. Their forecasts range from $73.00 to $100.00. On average, they expect Copart's share price to reach $86.13 in the next year. This suggests a possible upside of 3.1% from the stock's current price. View analysts' price targets for Copart.

Media coverage about CPRT stock has been trending somewhat negative recently, InfoTrie Sentiment reports. InfoTrie rates the sentiment of media coverage by monitoring more than six thousand blog and news sources. The firm ranks coverage of companies on a scale of negative five to five, with scores closest to five being the most favorable. Copart earned a news impact score of -1.5 on InfoTrie's scale. They also gave media headlines 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 impact on the stock's share price in the immediate future. View the latest news about Copart.

Copart saw a drop in short interest in June. As of June 30th, there was short interest totaling 3,740,000 shares, a drop of 7.7% from the June 15th total of 4,050,000 shares. Based on an average daily trading volume, of 2,080,000 shares, the days-to-cover ratio is currently 1.8 days. Approximately 1.8% of the company's 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), 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 variety of institutional and retail investors. Top institutional shareholders include Manning & Napier Group LLC (0.32%), Envestnet Asset Management Inc. (0.15%), Scout Investments Inc. (0.09%), JLB & Associates Inc. (0.08%), Whittier Trust Co. (0.04%) and Brasada Capital Management LP (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, 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 Legacy Private Trust Co., Scout Investments Inc., IFM Investors Pty Ltd, Patton Fund Management Inc., JLB & Associates Inc., Whittier Trust Co., CENTRAL TRUST Co, and West Coast Financial LLC. Company insiders that have sold Copart company stock in the last year 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 insider buying and selling activity for Copart.

CPRT stock was purchased by a variety of institutional investors in the last quarter, including Manning & Napier Group LLC, Envestnet Asset Management Inc., Whittier Trust Co. of Nevada Inc., Canandaigua National Corp, Harel Insurance Investments & Financial Services Ltd., Mount Yale Investment Advisors LLC, Brasada Capital Management LP, and Fulton Bank N. A.. 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 $83.55.

Copart has a market capitalization of $19.62 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]