NASDAQ:CPRT - Copart Stock Price, Forecast & News

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

Copart, Inc. (NASDAQ:CPRT) announced 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 analysts' expectations of $576.09 million. Copart had a return on equity of 34.16% and a net margin of 32.95%. Copart's quarterly revenue was up 18.6% on a year-over-year basis. During the same quarter in the previous year, the firm earned $0.52 earnings per share. View Copart's Earnings History.

Copart is scheduled to release their next quarterly earnings announcement on Wednesday, May 27th 2020. View Earnings Estimates for Copart.

5 analysts have issued twelve-month price targets for Copart's stock. Their forecasts range from $71.00 to $110.00. On average, they expect Copart's stock price to reach $94.50 in the next twelve months. This suggests that the stock has a possible downside of 0.8%. View Analyst Price Targets for Copart.

5 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 3 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Copart.

Headlines about CPRT stock have been trending somewhat positive on Saturday, according to InfoTrie Sentiment Analysis. InfoTrie identifies negative and positive media coverage by monitoring more than six thousand blog and news sources in real time. The firm ranks coverage of public companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Copart earned a daily sentiment score of 0.5 on InfoTrie's scale. They also assigned 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 effect on the company's share price in the near term. View News Stories for Copart.

Copart saw a drop in short interest during the month of January. As of January 31st, there was short interest totalling 5,740,000 shares, a drop of 7.1% from the January 15th total of 6,180,000 shares. Based on an average daily trading volume, of 1,710,000 shares, the days-to-cover ratio is presently 3.4 days. Approximately 2.8% of the company's shares are sold short. View Copart's Current Options Chain.

Some companies that are related to Copart include Cintas (CTAS), Iron Mountain (IRM), UniFirst (UNF), KAR Auction Services (KAR), Healthcare Services Group (HCSG), 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), Lululemon Athletica (LULU), Mastercard (MA), Home Depot (HD), Adobe (ADBE), Verizon Communications (VZ), UnitedHealth Group (UNH), Fortinet (FTNT) and Visa (V).

Copart's stock is owned by many different of institutional and retail investors. Top institutional shareholders 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, Marshall Wace LLP and Nicholas Company Inc.. Company insiders that have sold Copart company stock in the last year include A Jayson Adair, Matt Blunt, Steven D Cohan, Thomas N Tryforos and William E Franklin. View Insider Buying and Selling for Copart.

CPRT stock was bought by a variety of institutional investors in the last quarter, including 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, State Street Corp and Geode Capital Management LLC. View Insider Buying and Selling 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 $95.25.

Copart has a market capitalization of $22.14 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]