NASDAQ:CPRT - Copart Stock Price, Forecast & News

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

Copart, Inc. (NASDAQ:CPRT) released its quarterly earnings data on Wednesday, November, 20th. The business services provider reported $0.65 earnings per share for the quarter, beating analysts' consensus estimates of $0.59 by $0.06. The business services provider earned $554.40 million during the quarter, compared to analysts' expectations of $544.46 million. Copart had a net margin of 32.59% and a return on equity of 34.06%. The firm's revenue for the quarter was up 20.2% on a year-over-year basis. During the same quarter in the previous year, the company earned $0.47 earnings per share. View Copart's Earnings History.

Copart is scheduled to release their next quarterly earnings announcement on Wednesday, February 19th 2020. View Earnings Estimates for Copart.

5 equities research analysts have issued twelve-month price targets for Copart's stock. Their forecasts range from $71.00 to $100.00. On average, they expect Copart's stock price to reach $88.25 in the next year. This suggests that the stock has a possible downside of 12.0%. 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, 2 hold ratings and 2 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Copart.

Press coverage about CPRT stock has been trending extremely negative recently, InfoTrie reports. InfoTrie ranks the sentiment of media coverage by analyzing more than six thousand news and blog 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 daily sentiment score of -5.0 on InfoTrie's scale. They also gave news 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 increase in short interest in the month of December. As of December 31st, there was short interest totalling 6,180,000 shares, an increase of 31.2% from the December 15th total of 4,710,000 shares. Based on an average trading volume of 1,740,000 shares, the days-to-cover ratio is presently 3.6 days. Approximately 3.1% 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), 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), Home Depot (HD), Lululemon Athletica (LULU), Mastercard (MA), Adobe (ADBE), Fortinet (FTNT), UnitedHealth Group (UNH), Verizon Communications (VZ) and Cisco Systems (CSCO).

Copart's stock is owned by a variety of of institutional and retail investors. Top institutional shareholders include New York State Teachers Retirement System (0.14%), Scout Investments Inc. (0.12%), Zurcher Kantonalbank Zurich Cantonalbank (0.07%), Ingalls & Snyder LLC (0.06%), Sheets Smith Wealth Management (0.06%) and Nisa Investment Advisors LLC (0.05%). 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 Scout Investments Inc., Bright Rock Capital Management LLC, Meag Munich Ergo Kapitalanlagegesellschaft MBH, Campbell & CO Investment Adviser LLC, State of Alaska Department of Revenue, Gateway Investment Advisers LLC, Sheets Smith Wealth Management and Ingalls & Snyder LLC. 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 Zurcher Kantonalbank Zurich Cantonalbank, Ambassador Advisors LLC, Commerzbank Aktiengesellschaft FI, New York State Teachers Retirement System, First Hawaiian Bank, Wealthfront Advisers LLC, Exane Derivatives and Paragon Advisors 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 $100.29.

Copart has a market capitalization of $23.31 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]