Copart - CPRT Stock Forecast, Price & News

3 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Copart in the last twelve months. There are currently 3 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" CPRT shares.
View CPRT analyst ratings or view top-rated stocks.

3 brokers have issued twelve-month price objectives for Copart's shares. Their CPRT share price forecasts range from $78.00 to $82.00. On average, they predict the company's share price to reach $79.33 in the next year. This suggests a possible upside of 5.5% from the stock's current price.
View analysts price targets for CPRT or view top-rated stocks among Wall Street analysts.

Copart's stock was trading at $60.89 at the start of the year. Since then, CPRT stock has increased by 23.5% and is now trading at $75.21.
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Copart saw a drop in short interest during the month of March. As of March 15th, there was short interest totaling 3,480,000 shares, a drop of 13.4% from the February 28th total of 4,020,000 shares. Based on an average daily volume of 1,870,000 shares, the days-to-cover ratio is currently 1.9 days.
View Copart's Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Wednesday, May 17th 2023.
View our CPRT earnings forecast.

Copart, Inc. (NASDAQ:CPRT) issued its quarterly earnings data on Tuesday, February, 21st. The business services provider reported $0.61 earnings per share for the quarter, topping analysts' consensus estimates of $0.56 by $0.05. The business services provider earned $956.72 million during the quarter, compared to analysts' expectations of $934.36 million. Copart had a trailing twelve-month return on equity of 22.93% and a net margin of 29.45%. During the same period in the previous year, the company earned $0.55 earnings per share.
Read the conference call transcript.

ETFs with the largest weight of Copart (NASDAQ:CPRT) stock in their portfolio include VictoryShares THB Mid Cap ESG ETF (MDCP), Invesco DWA Industrials Momentum ETF (PRN), Franklin Disruptive Commerce ETF (BUYZ), Guru Favorite Stocks ETF (GFGF), Amplify Online Retail ETF (IBUY), Invesco DWA Momentum ETF (PDP), Argent Mid Cap ETF (AMID) and First Trust Growth Strength ETF (FTGS).

Copart's stock split on the morning of Friday, November 4th 2022. The 2-1 split was announced on Friday, November 4th 2022. The newly created shares were issued to shareholders after the closing bell on Friday, November 4th 2022. An investor that had 100 shares of stock prior to the split would have 200 shares after the split.

259 employees have rated Copart Chief Executive Officer Jay Adair on Glassdoor.com. Jay Adair has an approval rating of 88% among the company's employees.

Based on aggregate information from My MarketBeat watchlists, some companies that other Copart investors own include NVIDIA (NVDA), Alibaba Group (BABA), Adobe (ADBE), Lululemon Athletica (LULU), Mastercard (MA), Advanced Micro Devices (AMD), Walt Disney (DIS), Home Depot (HD), Intel (INTC) and Verizon Communications (VZ).

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

Shares of CPRT stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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One share of CPRT stock can currently be purchased for approximately $75.21.

Copart (NASDAQ:CPRT) has a market capitalization of $35.84 billion and generates $3.50 billion in revenue each year. The business services provider earns $1.09 billion in net income (profit) each year or $2.25 on an earnings per share basis.

The company employs 9,500 workers across the globe.

Copart's mailing address is 14185 DALLAS PARKWAY SUITE 300, DALLAS TX, 75254. The official website for the company is www.copart.com. The business services provider can be reached via phone at 972-391-5000, via email at investor.relations@copart.com, or via fax at 707-644-7355.