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Will Copart, Inc (CPRT) benefit from Wall Street bulls Calls?

Copart, Inc (NASDAQ: CPRT) is 18.82% higher on its value in year-to-date trading and has touched a low of $46.21 and a high of $64.38 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 $58.45 in the last trading session, with the day’s loss setting it -0.23%.

Currently trading at $58.22, the stock is -5.72% and 1.59% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 9.0 million and changing -0.39% at the moment leaves the stock 6.79% off its SMA200. CPRT registered 21.52% gain for a year compared to 6-month gain of 6.05%. The firm has a 50-day simple moving average (SMA 50) of $57.3102 and a 200-day simple moving average (SMA200) of $54.5188.

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The stock witnessed a 5.05% loss in the last 1 month and extending the period to 3 months gives it a 12.63%, and is -4.92% down 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 1.86% over the week and 1.95% over the month.

Copart, Inc (CPRT) has around 11700 employees, a market worth around $55.88B and $4.36B in sales. Current P/E ratio is 40.80 and Fwd P/E is 32.87. Profit margin for the company is 31.92%. Distance from 52-week low is 25.99% and -9.57% from its 52-week high. The company has generated returns on investments over the last 12 months (17.43%).

with sales reaching $1.13B over the same period.The EPS is expected to grow by 11.67% this year, but quarterly earnings will post 10.83% year-over-year. Quarterly sales are estimated to grow 10.90% in year-over-year returns.

Copart, Inc (CPRT) Top Institutional Holders

1513.0 institutions hold shares in Copart, Inc (CPRT), with institutional investors hold 93.09% of the company’s shares. The shares outstanding are 963.52M, and float is at 880.12M with Short Float at 1.42%. Institutions hold 85.00% of the Float.

The top institutional shareholder in the company is VANGUARD GROUP INC with over 100.64 million shares valued at $5.45 billion. The investor’s holdings represent 10.4636% of the CPRT Shares outstanding. As of 2024-06-30, the second largest holder is BLACKROCK INC. with 69.18 million shares valued at $3.75 billion to account for 7.1932 of the shares outstanding. The other top investors are ALLIANCEBERNSTEIN L.P. which holds 38.44 million shares representing 3.9962% and valued at over $2.08 billion, while PRINCIPAL FINANCIAL GROUP INC holds 3.9441 of the shares totaling 37.93 million with a market value of $2.05 billion.

Copart, Inc (CPRT) Insider Activity

The most recent transaction is an insider sale by TRYFOROS THOMAS N, the company’s Director. SEC filings show that TRYFOROS THOMAS N sold 83,310 shares of the company’s common stock on Dec 05 ’24 at a price of $61.86 per share for a total of $5.15 million. Following the sale, the insider now owns 7850.0 shares.

Still, SEC filings show that on Nov 26 ’24, ADAIR A JAYSON (Executive Chairman) disposed off 251,423 shares at an average price of $63.79 for $16.04 million. The insider now directly holds 14,436,557 shares of Copart, Inc (CPRT).

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