NASDAQ:CPRTCopart Stock Price, Forecast & News

Copart's stock was trading at $75.73 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization. Since then, CPRT shares have increased by 18.9% and is now trading at $90.02. 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) issued its quarterly earnings data on Wednesday, May, 20th. The business services provider reported $0.58 earnings per share (EPS) for the quarter, missing the Thomson Reuters' consensus estimate of $0.64 by $0.06. The business services provider earned $550.36 million during the quarter, compared to the consensus estimate of $547.05 million. Copart had a return on equity of 29.08% and a net margin of 30.95%. The firm's revenue was down .5% on a year-over-year basis. During the same period in the previous year, the company earned $0.66 earnings per share. View Copart's earnings history.

9 equities research analysts have issued 1-year target prices for Copart's stock. Their forecasts range from $65.00 to $100.00. On average, they expect Copart's share price to reach $85.00 in the next year. This suggests that the stock has a possible downside of 5.6%. View analysts' price targets for Copart.

Media headlines about CPRT stock have trended somewhat negative recently, InfoTrie Sentiment reports. The research firm identifies positive and negative press coverage by analyzing more than six thousand news and blog sources in real time. The firm ranks coverage of companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Copart earned a media sentiment score of -1.0 on InfoTrie's scale. They also gave news coverage about the business services provider a news buzz of 10.0 out of 10, indicating that recent press coverage is extremely likely to have an effect on the stock's share price in the next few days. View the latest news aboutCopart.

Copart saw a decline in short interest in May. As of May 15th, there was short interest totaling 4,370,000 shares, a decline of 18.0% from the April 30th total of 5,330,000 shares. Based on an average daily trading volume, of 2,610,000 shares, the short-interest ratio is presently 1.7 days. Approximately 2.1% of the shares of the company 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), 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 variety of institutional and retail investors. Top institutional investors include BlackRock Inc. (7.95%), State Street Corp (3.71%), Principal Financial Group Inc. (3.09%), Wellington Management Group LLP (3.03%), Melvin Capital Management LP (2.02%) and US Bancorp DE (1.79%). 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 Alliancebernstein L.P., JPMorgan Chase & Co., Clearbridge Investments LLC, Janus Henderson Group PLC, US Bancorp DE, Nuveen Asset Management LLC, Nicholas Company Inc., and AXA. Company insiders that have sold Copart company stock in the last year include A Jayson Adair, Daniel J Englander, 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 purchased by a variety of institutional investors in the last quarter, including Wellington Management Group LLP, William Blair Investment Management LLC, Melvin Capital Management LP, Korea Investment CORP, Manning & Napier Group LLC, Principal Financial Group Inc., Baird Financial Group Inc., and Loomis Sayles & Co. L P. 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 $90.02.

Copart has a market capitalization of $21.13 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]