Does Copart, Inc (NASDAQ:CPRT) warrant a purchase right now? What to Consider Before Making a Decision

Copart, Inc (NASDAQ:CPRT) shares traded -1.40% lower at $52.30 on Wall Street last session.

CPRT stock price is now -7.87% away from the 50-day moving average and -4.74% away from the 200-day moving average. The market capitalization of the company currently stands at $50.53B.

On December 04, 2023, HSBC Securities recently initiated its ‘Hold’ rating on the stock quoting a target price of $51, while ‘Argus’ rates the stock as ‘Buy’

In other news, MEEKS JAMES E, Director bought 100,000 shares of the company’s stock on Feb 28 ’25. The stock was bought for $5,677,000 at an average price of $56.77. An SEC document containing details of the transaction can be found on the SEC’s website. On Jan 06 ’25, Director Englander Daniel J sold 235,480 shares of the business’s stock. A total of $13,384,683 was realized by selling the stock at an average price of $56.84. A total of 8.57% of the company’s stock is owned by insiders.

During the past 12 months, Copart, Inc has had a low of $48.05 and a high of $64.38. As of last week, the company has a debt-to-equity ratio of 0.01, a current ratio of 7.66, and a quick ratio of 7.57. According to the stock market information, the enterprise value for the company is $46871384064, which is based on a 35.13 price-to-earnings ratio, a 2.35 price-to-earnings-growth ratio, and a beta of 1.25. The fifty day moving average price for CPRT is $56.7672 and a two-hundred day moving average price translates $54.90265 for the stock.

The latest earnings results from Copart, Inc (NASDAQ: CPRT) was released for 2025-01-31. The net profit margin was 32.27% and return on equity was 19.28% for CPRT. The company reported revenue of $1.16 billion for the quarter, compared to $1.02 billion a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 14.03 percent. For the current quarter, analysts expect CPRT to generate $1.23B in revenue.

Related Posts

Fosters Research
Privacy Overview

This website uses cookies so that we can provide you with the best user experience possible. Cookie information is stored in your browser and performs functions such as recognising you when you return to our website and helping our team to understand which sections of the website you find most interesting and useful.