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Copart, Inc. (CPRT) Increases Yet Falls Behind Market: What Investors Need to Know
ZACKS· 2025-05-13 23:15
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]
Copart, Inc. (CPRT) Stock Declines While Market Improves: Some Information for Investors
ZACKS· 2025-03-21 23:20
Core Viewpoint - Copart, Inc. is expected to show positive earnings growth in its upcoming earnings report, with analysts projecting an increase in both EPS and revenue compared to the previous year [2][3]. Group 1: Recent Performance - As of the latest market close, Copart, Inc. shares were priced at $53.63, reflecting a -0.41% change from the previous day, underperforming the S&P 500's 0.08% gain [1]. - Over the past month, Copart's shares have decreased by 7.51%, while the Business Services sector and the S&P 500 have lost 9.22% and 7.33%, respectively [1]. Group 2: Earnings Forecast - The upcoming earnings disclosure is forecasted to report an EPS of $0.42, indicating a 7.69% increase from the same quarter last year [2]. - Revenue is projected to be $1.24 billion, reflecting a 10.09% rise from the equivalent quarter last year [2]. Group 3: Full Year Estimates - For the full year, earnings are estimated at $1.58 per share and revenue at $4.74 billion, showing increases of +12.86% and +11.86% from the previous year [3]. - Recent revisions to analyst forecasts are crucial as they indicate changing business trends, with positive revisions suggesting optimism about the company's profitability [3]. Group 4: Zacks Rank and Valuation - Copart, Inc. currently holds a Zacks Rank of 2 (Buy), with a 0.42% increase in the consensus EPS estimate over the last 30 days [5]. - The company is trading at a Forward P/E ratio of 34.08, which is slightly below the industry average of 34.1 [6]. Group 5: Industry Context - The Auction and Valuation Services industry, part of the Business Services sector, has a Zacks Industry Rank of 3, placing it in the top 2% of over 250 industries [6]. - The Zacks Industry Rank indicates that the top 50% rated industries outperform the bottom half by a factor of 2 to 1 [7].