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Uncover Hidden Gems: 3 Silent Stocks Poised for Exponential Growth
InvestorPlace· 2024-04-23 16:37
Core Insights - The article highlights the disparity in media coverage between well-known stocks and undervalued stocks that are performing well, suggesting that many strong performers go unnoticed [1] Group 1: IES Holdings (IESC) - IES Holdings has seen a remarkable stock price increase of 574% over the past five years and nearly tripled in the last 12 months, with a more than 50% rise in 2024 [2][3] - The company, which provides electrical systems, has annual revenues of $2.4 billion and employs 8,000 people, yet remains largely unrecognized by analysts [3] Group 2: Textron (TXT) - Textron's stock has increased nearly 40% in the last 12 months, with a 17% gain year-to-date, and has risen 260% since the pandemic began in spring 2020 [5] - The company forecasts earnings growth of 58.6% for 2024, significantly higher than the industry average of 12.3%, indicating strong management and successful transformation from textiles to industrials [5] Group 3: Copart (CPRT) - Copart's share price has risen over 1,000% in the past decade, including a 220% increase since 2019, outperforming major companies like Amazon [6][7] - The company operates in a duopoly with minimal competition, leading to strong earnings, with EPS nearly tripling in the last five years and reaching a record $1.26 in fiscal 2023 [7]
Why Copart, Inc. (CPRT) Outpaced the Stock Market Today
Zacks Investment Research· 2024-04-05 23:06
Copart, Inc. (CPRT) ended the recent trading session at $56.55, demonstrating a +1.45% swing from the preceding day's closing price. This change outpaced the S&P 500's 1.11% gain on the day. Meanwhile, the Dow gained 0.8%, and the Nasdaq, a tech-heavy index, added 1.24%.Prior to today's trading, shares of the company had gained 0.96% over the past month. This has outpaced the Business Services sector's loss of 1.94% and the S&P 500's gain of 0.48% in that time.The investment community will be closely monito ...
Is It Worth Investing in Copart (CPRT) Based on Wall Street's Bullish Views?
Zacks Investment Research· 2024-04-01 14:36
When deciding whether to buy, sell, or hold a stock, investors often rely on analyst recommendations. Media reports about rating changes by these brokerage-firm-employed (or sell-side) analysts often influence a stock's price, but are they really important?Before we discuss the reliability of brokerage recommendations and how to use them to your advantage, let's see what these Wall Street heavyweights think about Copart, Inc. (CPRT) .Copart currently has an average brokerage recommendation (ABR) of 2.00, on ...
Is Copart, Inc. (CPRT) a Buy as Wall Street Analysts Look Optimistic?
Zacks Investment Research· 2024-03-15 14:31
The recommendations of Wall Street analysts are often relied on by investors when deciding whether to buy, sell, or hold a stock. Media reports about these brokerage-firm-employed (or sell-side) analysts changing their ratings often affect a stock's price. Do they really matter, though?Let's take a look at what these Wall Street heavyweights have to say about Copart, Inc. (CPRT) before we discuss the reliability of brokerage recommendations and how to use them to your advantage.Copart, Inc. currently has an ...
Copart, Inc. (CPRT) is Attracting Investor Attention: Here is What You Should Know
Zacks Investment Research· 2024-03-13 14:01
Copart, Inc. (CPRT) has recently been on Zacks.com's list of the most searched stocks. Therefore, you might want to consider some of the key factors that could influence the stock's performance in the near future.Over the past month, shares of this company have returned +12.1%, compared to the Zacks S&P 500 composite's +3.2% change. During this period, the Zacks Auction and Valuation Services industry, which Copart, Inc. falls in, has gained 9.2%. The key question now is: What could be the stock's future di ...
Copart, Inc. (CPRT) Is a Trending Stock: Facts to Know Before Betting on It
Zacks Investment Research· 2024-02-29 15:01
Copart, Inc. (CPRT) has recently been on Zacks.com's list of the most searched stocks. Therefore, you might want to consider some of the key factors that could influence the stock's performance in the near future.Shares of this company have returned +10.5% over the past month versus the Zacks S&P 500 composite's +3.9% change. The Zacks Auction and Valuation Services industry, to which Copart, Inc. belongs, has gained 10.2% over this period. Now the key question is: Where could the stock be headed in the nea ...
Brokers Suggest Investing in Copart, Inc. (CPRT): Read This Before Placing a Bet
Zacks Investment Research· 2024-02-27 15:31
When deciding whether to buy, sell, or hold a stock, investors often rely on analyst recommendations. Media reports about rating changes by these brokerage-firm-employed (or sell-side) analysts often influence a stock's price, but are they really important?Before we discuss the reliability of brokerage recommendations and how to use them to your advantage, let's see what these Wall Street heavyweights think about Copart, Inc. (CPRT) .Copart, Inc. currently has an average brokerage recommendation (ABR) of 1. ...
Copart(CPRT) - 2024 Q2 - Quarterly Report
2024-02-26 16:00
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q (Mark One) QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF ☒ 1934 For the quarterly period ended January 31, 2024 OR TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF ☐ 1934 For the transition period from to Commission file number: 000-23255 COPART, INC. (Exact name of registrant as specified in its charter) Delaware 000-23255 94-2867490 (State or other juris ...
Copart (CPRT) Q2 Earnings Miss Expectations, Increase Y/Y
Zacks Investment Research· 2024-02-23 15:41
Copart, Inc. (CPRT) reported second-quarter fiscal 2024 (ended Jan 31, 2024) adjusted earnings per share of 33 cents, missing the Zacks Consensus Estimate of 35 cents on lower-than-expected service revenues and vehicle sales. The bottom line, however, increased 6.4% year over year.The online auto auction leader generated revenues of $1.02 billion, missing the Zacks Consensus Estimate of $1.04 billion. The top line increased 6.6% from the year-ago reported figure.Key NumbersCPRT’s fiscal second-quarter servi ...
Copart(CPRT) - 2024 Q2 - Earnings Call Transcript
2024-02-23 01:08
Copart, Inc. (NASDAQ:CPRT) Q2 2024 Earnings Conference Call February 22, 2024 5:30 PM ET Company Participants Jeff Liaw - Co-CEO Leah Stearns - CFO Conference Call Participants Peter Lukas - CJS Securities Daniel Imbro - Stephens Inc. Ian Davis - BNP Paribas Craig Kennison - Baird Bret Jordan - Jefferies Operator Good day, everyone, and welcome to the Copart Incorporated Second Quarter Fiscal 2024 Earnings Call. Just a reminder, today's conference is being recorded. Before turning the call over to managemen ...