Copart(CPRT)
Search documents
Copart(CPRT) - 2025 Q1 - Quarterly Results
2024-11-21 21:14
Exhibit 99.1 Copart, Inc. For Immediate Release Copart Reports First Quarter Fiscal 2025 Financial Results Dallas, Texas November 21, 2024 — Copart, Inc. (NASDAQ: CPRT) today reported financial results for the quarter ended October 31, 2024. For the three months ended October 31, 2024, revenue, gross profit, and net income attributable to Copart, Inc. were $1.15 billion, $512.1 million, and $362.1 million, respectively. These represent an increase in revenue of $126.4 million, or 12.4%; an increase in gross ...
Copart, Inc. (CPRT) Rises As Market Takes a Dip: Key Facts
ZACKS· 2024-11-05 00:20
The latest trading session saw Copart, Inc. (CPRT) ending at $52.45, denoting a +1.85% adjustment from its last day's close. This change outpaced the S&P 500's 0.28% loss on the day. Elsewhere, the Dow saw a downswing of 0.61%, while the tech-heavy Nasdaq depreciated by 0.33%. The the stock of company has fallen by 2.67% in the past month, lagging the Business Services sector's gain of 1.14% and the S&P 500's gain of 0.41%. The upcoming earnings release of Copart, Inc. will be of great interest to investors ...
Is the Options Market Predicting a Spike in Copart (CPRT) Stock?
ZACKS· 2024-10-23 14:56
Investors in Copart, Inc. (CPRT) need to pay close attention to the stock based on moves in the options market lately. That is because the Dec 20, 2024 $80 Call had some of the highest implied volatility of all equity options today. What is Implied Volatility? Implied volatility shows how much movement the market is expecting in the future. Options with high levels of implied volatility suggest that investors in the underlying stocks are expecting a big move in one direction or the other. It could also mean ...
These 2 Auto Stocks Are Profiting as Used Cars and Parts Thrive
MarketBeat· 2024-10-22 13:48
The auto/tires/trucks sector has been in a slump, as evidenced by weaker results and forecasts from manufacturers like Ford Motor Co. NYSE: F and Stellantis NYSE: STLA. High financing costs and an uncertain macroeconomic climate have caused consumers to tighten their spending, especially on big-ticket items like cars. However, not every part of the automobile industry is in a slump. The auto aftermarket of used cars and car parts is still thriving, and some companies are capitalizing on the action. Here are ...
Why Is Copart (CPRT) Up 5.4% Since Last Earnings Report?
ZACKS· 2024-10-04 16:31
It has been about a month since the last earnings report for Copart, Inc. (CPRT) . Shares have added about 5.4% in that time frame, outperforming the S&P 500.Will the recent positive trend continue leading up to its next earnings release, or is Copart due for a pullback? Before we dive into how investors and analysts have reacted as of late, let's take a quick look at its most recent earnings report in order to get a better handle on the important catalysts. Copart Q4 Earnings Miss ExpectationsCopart report ...
Copart: Trading Short-Term Results For Long-Term Market Share Will Fuel Future Compounding
Seeking Alpha· 2024-09-30 07:55
My name is Brad, a passionate investor who, like many other millennials, embarked on my financial journey in 2020 during the pandemic. My initial curiosity and desire for knowledge pushed me beyond chasing 'moon' stocks like my many fellow beginners, and I dedicated myself to understanding the intricacies of fundamental analysis and business evaluation. I come from a scientific background with a B.S. in Biology, and while my formal education may not be directly related to finance, it has provided me with a ...
Copart(CPRT) - 2024 Q4 - Annual Report
2024-09-27 23:06
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-K (Mark One) ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended July 31, 2024 ☐ 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 jurisdiction of inc ...
Copart's Shares Plunge 10% in 6 Months: More Downside Ahead?
ZACKS· 2024-09-11 17:16
Shares of Copart, Inc. (CPRT) , a provider of online vehicle auction and remarketing services to automotive resellers, have lost 10.3% in the past six months compared with the Zacks Auction and Valuation Services industry's decline of 10.8%. Shares of CPRT underperformed peers like ACV Auctions Inc. and OPENLANE, Inc. in the same time frame.Six Months Price ComparisonImage Source: Zacks Investment ResearchHigh spending on storage-capacity expansion and rising operating costs amid increasing G&A expenditure ...
Brokers Suggest Investing in Copart (CPRT): Read This Before Placing a Bet
ZACKS· 2024-09-11 14:35
Investors often turn to recommendations made by Wall Street analysts before making a Buy, Sell, or Hold decision about a stock. While media reports about rating changes by these brokerage-firm employed (or sellside) analysts often affect a stock's price, do they really matter? 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 currently has an average broke ...
Copart: Fantastic Business, Tricky Valuation
Seeking Alpha· 2024-09-06 17:46
mgkaya/E+ via Getty Images Introduction On June 5, I wrote an article titled "From Scrap To Riches - Copart Is An Amazing American Growth Story." Nonetheless, I gave the stock a Neutral rating. As the title suggests, in that article, I discussed the Copart's (NASDAQ:CPRT) fascinating business model, which has resulted in a total return of roughly 1,070% over the past ten years, making it one of the best-performing stocks I have discussed in recent years. Data by YCharts This performance includes its rec ...