Copart, Inc (NASDAQ: CPRT) on Tuesday, soared 0.08% from the previous trading day, before settling in for the closing price of $63.75. Within the past 52 weeks, CPRT’s price has moved between $46.21 and $64.19.
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Over the past five-year period, the growth rate of yearbook sales for the company of the Industrials sector was 16.03%. The company achieved an average annual earnings per share of 11.75%. With a float of $879.47 million, this company’s outstanding shares have now reached $962.97 million.
Considering the fact that the conglomerate employs 11700 people, you should pay attention to its efficiency factor. In terms of profitability, gross margin is 44.47%, operating margin of 36.28%, and the pretax margin is 39.94%.
Copart, Inc (CPRT) Insider Activity
Observing investor behavior towards Specialty Business Services industry stocks is more important than anything else. The insider ownership of Copart, Inc is 8.71%, while institutional ownership is 82.60%. The most recent insider transaction that took place on Nov 26 ’24, was worth 16,039,229. Before that another transaction happened on Nov 25 ’24, when Company’s Officer proposed sale 47,000 for $63.81, making the entire transaction worth $2,999,163.
Copart, Inc (CPRT) Earnings and Forecasts
As on 10/31/2024, Multinational firm has announced its last quarter scores, in which it reported 0.33 earnings per share (EPS) for the period falling under the consensus outlook (set at 0.34) by -0.01. Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.42 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 11.75% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 13.50% during the next five years compared to 17.85% growth over the previous five years of trading.
Copart, Inc (NASDAQ: CPRT) Trading Performance Indicators
Copart, Inc (CPRT) is currently performing well based on its current performance indicators. A quick ratio of 6.34 was reported for the most recent quarter. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 14.09. Likewise, its price to free cash flow for the trailing twelve months is 61.83.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 1.43, a number that is poised to hit 0.37 in the next quarter and is forecasted to reach 1.76 in one year’s time.
Technical Analysis of Copart, Inc (CPRT)
Compared to the last year’s volume of 4.48 million, its volume of 8.21 million showed improvement in the last five days. As of the previous 9 days, the stock’s Stochastic %D was 96.07%. Additionally, its Average True Range was 1.36.
During the past 100 days, Copart, Inc’s (CPRT) raw stochastic average was set at 97.57%, which indicates a significant increase from 95.67% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 42.04% in the past 14 days, which was higher than the 27.58% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $54.33, while its 200-day Moving Average is $53.69. Nevertheless, the first resistance level for the watch stands at $64.20 in the near term. At $64.61, the stock is likely to face the second major resistance level. The third major resistance level sits at $65.02. If the price goes on to break the first support level at $63.38, it is likely to go to the next support level at $62.97. Should the price break the second support level, the third support level stands at $62.56.
Copart, Inc (NASDAQ: CPRT) Key Stats
Market capitalization of the company is 61.46 billion based on 963,375K outstanding shares. Right now, sales total 4,237 M and income totals 1,363 M. The company made 1,069 M in profit during its latest quarter, and 322,570 K in sales during its previous quarter.
