Copart Company Profile (NASDAQ:CPRT)

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

Copart, Inc. (NASDAQ:CPRT) released its earnings results on Wednesday, May, 24th. The company reported $0.37 earnings per share for the quarter, topping the Zacks' consensus estimate of $0.36 by $0.01. The firm earned $373.90 million during the quarter, compared to analyst estimates of $386.61 million. Copart had a net margin of 29.10% and a return on equity of 33.20%. The business's revenue was up 7.7% on a year-over-year basis. During the same quarter in the previous year, the business earned $0.64 EPS. 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 equities research analysts have issued 12-month price objectives for Copart's shares. Their predictions range from $33.00 to $63.00. On average, they expect 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 Verisk Analytics (VRSK), Global Payments (GPN), Nielsen N.V. (NLSN), Alliance Data Systems Corporation (ADS), Adecco SA (AHEXY), Gartner (IT), Total System Services (TSS), Randstad Hldgs Nv (RANJY), Vantiv (VNTV), Interpublic Group of Companies, Inc. (The) (IPG), Western Union Company (The) (WU), INTERTEK GP PLC (IKTSY), Broadridge Financial Solutions (BR), TransUnion (TRU), Smiths Group PLC (SMGZY), ManpowerGroup (MAN), Xerox Corporation (XRX) and Rentokil Initial PLC (RTOKY).

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 US Bancorp DE (1.30%), Peregrine Capital Management LLC (0.54%), First Quadrant L P CA (0.17%), Sheets Smith Wealth Management (0.06%), West Coast Financial LLC (0.06%) and Nisa Investment Advisors LLC (0.06%). 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 purchased by a variety of institutional investors in the last quarter, including US Bancorp DE, Peregrine Capital Management LLC, First Quadrant L P CA, Sheets Smith Wealth Management, West Coast Financial LLC, Nisa Investment Advisors LLC, State Treasurer State of Michigan and Whittier Trust Co.. 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 $31.55.