Copart, Inc. (CPRT) Rises But Trails Market: What Investors Should Know

Group 1 - Copart, Inc. closed at $50.97, reflecting a +1.41% change, which was lower than the S&P 500's gain of 1.69% [1] - Over the past month, Copart's shares have decreased by 8.15%, while the Business Services sector and S&P 500 lost 3.4% and 4.78%, respectively [1] - The upcoming earnings report is expected to show an EPS of $0.37, representing an 8.82% increase year-over-year, with quarterly revenue projected at $1.07 billion, up 7.4% from the previous year [1] Group 2 - Recent adjustments to analyst estimates for Copart, Inc. can indicate changing business trends, with positive revisions seen as favorable for the company's outlook [2] - The Zacks Rank system, which ranges from 1 (Strong Buy) to 5 (Strong Sell), has shown that stocks rated 1 have produced an average annual return of +25% since 1988 [2] - Currently, Copart, Inc. holds a Zacks Rank of 3 (Hold), with no changes in the Zacks Consensus EPS estimate over the past month [2] Group 3 - Copart, Inc. has a Forward P/E ratio of 31.28, which aligns with the industry average, suggesting no significant deviation in valuation [3] - The Auction and Valuation Services industry, part of the Business Services sector, has a Zacks Industry Rank of 96, placing it in the top 38% of over 250 industries [3] - Research indicates that the top 50% rated industries outperform the bottom half by a factor of 2 to 1, highlighting the strength of the industry [3]