Copart, Inc. (CPRT) Increases Yet Falls Behind Market: What Investors Need to Know

Group 1 - Copart, Inc. (CPRT) stock closed at $62.39, with a daily adjustment of +0.37%, underperforming the S&P 500's gain of 0.73% [1] - Over the past month, Copart's shares appreciated by 3.89%, lagging behind the Business Services sector's gain of 9.41% and the S&P 500's gain of 9.07% [1] Group 2 - The upcoming earnings report for Copart is scheduled for May 22, 2025, with projected earnings per share (EPS) of$ 0.42, reflecting a 7.69% increase year-over-year [2] - Revenue for the same quarter is estimated at $1.24 billion, indicating a 10.09% rise from the previous year [2] Group 3 - For the entire fiscal year, Zacks Consensus Estimates predict earnings of$ 1.58 per share and revenue of $4.74 billion, representing increases of +12.86% and +11.86% respectively from the prior year [3] Group 4 - Changes in analyst estimates for Copart are crucial as they reflect the evolving nature of near-term business trends, with upward revisions indicating analysts' positive outlook on the company's operations [4] Group 5 - The Zacks Rank system, which incorporates estimate changes, has a strong track record, with 1 stocks averaging an annual return of +25% since 1988 [5][6] - Currently, Copart holds a Zacks Rank of 3 (Hold), with the consensus EPS estimate remaining steady over the past month [6] Group 6 - Copart has a Forward P/E ratio of 39.34, which aligns with the average Forward P/E of its industry [7] - The Auction and Valuation Services industry, part of the Business Services sector, has a Zacks Industry Rank of 94, placing it in the top 39% of over 250 industries [7][8]