Core Viewpoint - Copart, Inc. is experiencing a decline in stock performance compared to the broader market, with upcoming earnings expected to show growth in both EPS and revenue [1][2][3]. Group 1: Stock Performance - Copart, Inc. closed at $46.08, down 1.31% from the previous session, underperforming the S&P 500's gain of 0.02% [1]. - The stock has decreased by 3.09% over the past month, while the Business Services sector gained 1.39% and the S&P 500 increased by 4.93% [1]. Group 2: Earnings Projections - The upcoming EPS for Copart, Inc. is projected at $0.37, reflecting a 12.12% increase year-over-year [2]. - Revenue is expected to reach $1.15 billion, indicating a 7.23% growth compared to the same quarter last year [2]. - For the full year, earnings are projected at $1.56 per share and revenue at $4.67 billion, representing increases of 11.43% and 10.18% respectively from the prior year [3]. Group 3: Analyst Estimates and Rankings - Changes in analyst estimates are crucial as they reflect the shifting dynamics of the business, with upward revisions indicating positive sentiment [4]. - The Zacks Rank system, which assesses these estimate changes, currently ranks Copart, Inc. at 3 (Hold) [6]. Group 4: Valuation Metrics - Copart, Inc. has a Forward P/E ratio of 29.93, which is lower than the industry average of 45.34, suggesting it is trading at a discount [7]. - The Auction and Valuation Services industry, part of the Business Services sector, has a Zacks Industry Rank of 219, placing it in the bottom 12% of over 250 industries [7].

Company Overview - Copart, Inc. (CPRT) is experiencing significant attention from investors due to high implied volatility in its options market, particularly the Jan 16, 2025 $27.50 Call option [1] - The company currently holds a Zacks Rank of 4 (Sell) in the Auction and Valuation Services Industry, which is in the bottom 2% of the Zacks Industry Rank [3] Analyst Sentiment - Over the past 60 days, no analysts have increased their earnings estimates for Copart for the current quarter, while three analysts have revised their estimates downward [3] - The Zacks Consensus Estimate for the current quarter has decreased from 39 cents per share to 37 cents per share during this period [3] Options Market Insights - The high implied volatility suggests that options traders are anticipating a significant price movement for Copart shares, which could indicate an upcoming event that may lead to a substantial rally or sell-off [2][4] - Options traders often seek to sell premium on options with high implied volatility, aiming to benefit from the decay of the option's value if the underlying stock does not move as much as expected [4]

Group 1: Earnings Performance - Copart, Inc. reported quarterly earnings of $0.42 per share, matching the Zacks Consensus Estimate, and an increase from $0.39 per share a year ago [1] - The company had a surprise of 5.26% in the previous quarter, posting earnings of $0.40 per share against an expected $0.38 [1] - Over the last four quarters, Copart has surpassed consensus EPS estimates only once [1] Group 2: Revenue Performance - For the quarter ended April 2025, Copart posted revenues of $1.21 billion, missing the Zacks Consensus Estimate by 2.50%, but up from $1.13 billion year-over-year [2] - The company has exceeded consensus revenue estimates three times in the last four quarters [2] Group 3: Stock Performance and Outlook - Copart shares have increased approximately 6.5% since the beginning of the year, contrasting with a -0.6% decline in the S&P 500 [3] - The future performance of Copart's stock will largely depend on management's commentary during the earnings call and the earnings outlook [3][4] - The current consensus EPS estimate for the upcoming quarter is $0.40 on revenues of $1.2 billion, and for the current fiscal year, it is $1.58 on revenues of $4.74 billion [7] Group 4: Industry Context - The Auction and Valuation Services industry, to which Copart belongs, is currently ranked in the top 37% of over 250 Zacks industries, indicating a favorable outlook [8] - Research indicates that the top 50% of Zacks-ranked industries outperform the bottom 50% by more than a factor of 2 to 1 [8]

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]

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].