Core Insights - ACV Auctions Inc. reported quarterly earnings of $0.07 per share, matching the Zacks Consensus Estimate, and showing an increase from $0.02 per share a year ago [1] - The company posted revenues of $193.7 million for the quarter ended June 2025, which was 1.22% below the Zacks Consensus Estimate, but up from $160.62 million year-over-year [2] - The stock has underperformed, losing approximately 36.9% since the beginning of the year, while the S&P 500 has gained 8.6% [3] Earnings Performance - The company has surpassed consensus EPS estimates two times over the last four quarters [1] - ACV Auctions has topped consensus revenue estimates three times in the last four quarters [2] - The current consensus EPS estimate for the upcoming quarter is $0.08, with expected revenues of $204.91 million, and for the current fiscal year, the estimate is $0.24 on revenues of $775.69 million [7] Market Outlook - The stock currently holds a Zacks Rank 4 (Sell), indicating expectations of underperformance in the near future [6] - The industry, Auction and Valuation Services, is ranked in the bottom 16% of over 250 Zacks industries, suggesting a challenging environment for the stock [8] - The correlation between near-term stock movements and earnings estimate revisions is emphasized, indicating that investors should monitor these revisions closely [5]

Copart, Inc. (CPRT) ended the recent trading session at $46.69, demonstrating a +1.09% change from the preceding day's closing price. The stock outperformed the S&P 500, which registered a daily loss of 0.25%. Meanwhile, the Dow experienced a drop of 0.45%, and the technology-dominated Nasdaq saw a decrease of 0.3%. The company's shares have seen a decrease of 2.69% over the last month, not keeping up with the Business Services sector's loss of 1.99% and the S&P 500's gain of 2.71%.The upcoming earnings rel ...

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 - 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]