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Copart, Inc. (CPRT) Rises As Market Takes a Dip: Key Facts
CPRTCopart(CPRT) ZACKS·2024-11-05 00:20

Group 1 - The latest trading session for Copart, Inc. (CPRT) ended at 52.45,reflectinga+1.8552.45, reflecting a +1.85% change, outperforming the S&P 500's loss of 0.28% [1] - The stock has decreased by 2.67% over the past month, underperforming the Business Services sector's gain of 1.14% and the S&P 500's gain of 0.41% [1] Group 2 - Copart, Inc. is expected to report an EPS of 0.37, representing an 8.82% increase from the prior-year quarter, with projected net sales of 1.09billion,up7.21.09 billion, up 7.2% year-over-year [2] - For the entire year, the forecasted earnings are 1.54 per share and revenue of $4.6 billion, indicating increases of +10% and +8.66% respectively compared to the previous year [2] Group 3 - Recent changes to analyst estimates for Copart, Inc. are important as they reflect the evolving business trends, with positive revisions indicating optimism about the company's outlook [3] - The Zacks Rank system, which assesses estimate changes, has a strong track record, with 1 stocks averaging a +25% annual return since 1988 [4][5] Group 4 - Copart, Inc. has a Forward P/E ratio of 33.51, which aligns with the industry's average Forward P/E of 33.51 [6] - The Auction and Valuation Services industry, part of the Business Services sector, currently ranks 236 in the Zacks Industry Rank, placing it in the bottom 7% of over 250 industries [6][7]