Copart, Inc (NASDAQ: CPRT) is -2.04% lower on its value in year-to-date trading and has touched a low of $47.31 and a high of $64.38 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The CPRT stock was last observed hovering at around $55.63 in the last trading session, with the day’s gains setting it 0.59%.
Currently trading at $56.22, the stock is -3.03% and -3.83% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 4.11 million and changing 1.06% at the moment leaves the stock 3.01% off its SMA200. CPRT registered 17.57% gain for a year compared to 6-month gain of 2.74%. The firm has a 50-day simple moving average (SMA 50) of $58.3778 and a 200-day simple moving average (SMA200) of $54.5831.
The stock witnessed a -10.21% loss in the last 1 month and extending the period to 3 months gives it a 0.54%, and is -0.64% 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 1.52% over the week and 1.68% over the month.
Copart, Inc (CPRT) has around 11700 employees, a market worth around $54.17B and $4.36B in sales. Current P/E ratio is 39.40 and Fwd P/E is 31.74. Profit margin for the company is 31.92%. Distance from 52-week low is 18.83% and -12.67% 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 881.00M with Short Float at 1.22%. 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 Englander Daniel J, the company’s Director. SEC filings show that Englander Daniel J sold 235,480 shares of the company’s common stock on Jan 06 ’25 at a price of $56.84 per share for a total of $13.38 million. Following the sale, the insider now owns 0.0 shares.
Copart, Inc disclosed in a document filed with the SEC on Jan 03 ’25 that Englander Daniel J (Director) sold a total of 84,520 shares of the company’s common stock. The trade occurred on Jan 03 ’25 and was made at $57.10 per share for $4.83 million. Following the transaction, the insider now directly holds 0.0 shares of the CPRT stock.
Still, SEC filings show that on Jan 02 ’25, Blunt Matt (Director) disposed off 50,000 shares at an average price of $57.66 for $2.88 million. The insider now directly holds 0 shares of Copart, Inc (CPRT).
