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 7.6% and is now trading at $81.50. 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) posted its quarterly earnings data on Wednesday, May, 20th. The business services provider reported $0.58 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.64 by $0.06. The business services provider had revenue of $550.36 million for the quarter, compared to analysts' expectations of $547.05 million. Copart had a return on equity of 29.08% and a net margin of 30.95%. The business's revenue for the quarter was down .5% on a year-over-year basis. During the same quarter in the previous year, the company earned $0.66 EPS. View Copart's earnings history.

9 brokerages have issued twelve-month target prices for Copart's shares. 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 5.7% from the stock's current price. View analysts' price targets for Copart.

News headlines about CPRT stock have trended somewhat positive recently, according to InfoTrie Sentiment. The research firm identifies negative and positive news coverage by monitoring more than six thousand news and blog sources in real-time. The firm ranks coverage of public companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Copart earned a media sentiment score of 1.8 on InfoTrie's scale. They also assigned media stories about the business services provider a news buzz of 0.0 out of 10, indicating that recent news coverage is extremely unlikely to have an impact on the company's share price in the next several days. View the latest news about Copart.

Copart saw a decrease in short interest in the month of June. As of June 30th, there was short interest totaling 3,740,000 shares, a decrease of 7.7% from the June 15th total of 4,050,000 shares. Based on an average trading volume of 2,080,000 shares, the days-to-cover ratio is presently 1.8 days. Currently, 1.8% of the company's shares 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 number of retail and institutional investors. Top institutional shareholders include Manning & Napier Group LLC (0.32%), Envestnet Asset Management Inc. (0.15%), JLB & Associates Inc. (0.08%), Whittier Trust Co. (0.04%), State of Alaska Department of Revenue (0.03%) and DNB Asset Management AS (0.01%). 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., IFM Investors Pty Ltd, Patton Fund Management Inc., JLB & Associates Inc., Whittier 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 bought 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, Mount Yale Investment Advisors LLC, Fulton Bank N. A., Livforsakringsbolaget Skandia Omsesidigt, and DNB Asset Management AS. 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 $81.50.

Copart has a market capitalization of $19.13 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]