A new trading day began on Monday, with Copart, Inc. (NASDAQ: CPRT) stock price down -1.14% from the previous day of trading, before settling in for the closing price of $55.38. CPRT’s price has ranged from $38.05 to $58.58 over the past 52 weeks.
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Annual sales at Industrials sector company grew by 16.75% over the past five years. Meanwhile, its annual earnings per share averaged 14.29%. With a float of $873.52 million, this company’s outstanding shares have now reached $957.34 million.
Let’s look at the performance matrix of the company that is accounted for 10200 employees.
Copart, Inc. (CPRT) Insider Updates
As we move forward, let’s examine how large-scale investors are investing in this stock of the Specialty Business Services Industry. The insider ownership of Copart, Inc. is 9.15%, while institutional ownership is 81.28%. The most recent insider transaction that took place on Mar 28 ’24, was worth 34,662,000. In this transaction Executive Chairman of this company sold 600,000 shares at a rate of $57.77, taking the stock ownership to the 19,687,980 shares. Before that another transaction happened on Mar 13 ’24, when Company’s Director sold 285,000 for $55.27, making the entire transaction worth $15,751,950. This insider now owns 35,000 shares in total.
Copart, Inc. (CPRT) Performance Highlights and Predictions
According to the Wall Street analysts, stocks earnings will be around 14.29% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 22.30% during the next five years compared to 24.28% growth over the previous five years of trading.
Copart, Inc. (NASDAQ: CPRT) Trading Performance Indicators
Here are Copart, Inc.’s current performance indicators. According to the last quarter’s results, the stock had a quick ratio of 6.78. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 12.97. Likewise, its price to free cash flow for the trailing twelve months is 61.48.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 1.40, a number that is poised to hit 0.39 in the next quarter and is forecasted to reach 1.62 in one year’s time.
Technical Analysis of Copart, Inc. (CPRT)
Copart, Inc. (NASDAQ: CPRT) saw its 5-day average volume 3.8 million, a negative change from its year-to-date volume of 4.66 million. As of the previous 9 days, the stock’s Stochastic %D was 10.23%. Additionally, its Average True Range was 1.04.
During the past 100 days, Copart, Inc.’s (CPRT) raw stochastic average was set at 69.04%, which indicates a significant increase from 4.73% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 17.51% in the past 14 days, which was lower than the 19.01% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $53.98, while its 200-day Moving Average is $48.12. Nevertheless, the first resistance level for the watch stands at $55.82 in the near term. At $56.89, the stock is likely to face the second major resistance level. The third major resistance level sits at $57.52. If the price goes on to break the first support level at $54.12, it is likely to go to the next support level at $53.49. Assuming the price breaks the second support level, the third support level stands at $52.42.
Copart, Inc. (NASDAQ: CPRT) Key Stats
With a market capitalization of 52.64 billion, the company has a total of 961,500K Shares Outstanding. Currently, annual sales are 3,870 M while annual income is 1,238 M. The company’s previous quarter sales were 1,020 M while its latest quarter income was 325,640 K.
