rts logo

Copart, Inc. (CPRT) Looks Ready for Growth Despite 11.10% Change This Year

Copart, Inc. (NASDAQ: CPRT) is 11.10% higher on its value in year-to-date trading and has touched a low of $42.41 and a high of $58.58 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The CPRT stock was last observed hovering at around $54.79 in the last trading session, with the day’s loss setting it -0.35%.

Currently trading at $54.44, the stock is 0.55% and 0.33% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 2.69 million and changing -0.64% at the moment leaves the stock 7.07% off its SMA200. CPRT registered 23.57% gain for a year compared to 6-month gain of 16.95%.

3 Tiny Stocks Primed to Explode The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.

We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.

Click here for full details and to join for free

The stock witnessed a 1.81% loss in the last 1 month and extending the period to 3 months gives it a -3.27%, and is 2.04% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 2.01% over the week and 1.87% over the month.

Copart, Inc. (CPRT) has around 10200 employees, a market worth around $52.39B and $4.17B in sales. Current P/E ratio is 38.17 and Fwd P/E is 33.38. Profit margin for the company is 33.33%. Distance from 52-week low is 28.37% and -7.07% from its 52-week high. The company has generated returns on investments over the last 12 months (19.11%).

The EPS is expected to grow by 14.73% this year.

Copart, Inc. (CPRT) Top Institutional Holders

The shares outstanding are 957.34M, and float is at 874.40M with Short Float at 1.57%.

Copart, Inc. (CPRT) Insider Activity

The most recent transaction is an insider sale by ADAIR A JAYSON,the company’sExecutive Chairman. SEC filings show that ADAIR A JAYSON sold 600,000 shares of the company’s common stock on Mar 28 ’24 at a price of $57.77 per share for a total of $34.66 million. Following the sale, the insider now owns 19.69 million shares.

Copart, Inc. disclosed in a document filed with the SEC on Mar 13 ’24 that TRYFOROS THOMAS N (Director) sold a total of 285,000 shares of the company’s common stock. The trade occurred on Mar 13 ’24 and was made at $55.27 per share for $15.75 million. Following the transaction, the insider now directly holds 35000.0 shares of the CPRT stock.

Still, SEC filings show that on Feb 26 ’24, Blunt Matt (Director) disposed off 100,000 shares at an average price of $51.06 for $5.11 million. The insider now directly holds 0 shares of Copart, Inc. (CPRT).

Related Posts