On Friday, Copart, Inc (NASDAQ: CPRT) opened higher 0.27% from the last session, before settling in for the closing price of $61.91. Price fluctuations for CPRT have ranged from $46.21 to $64.38 over the past 52 weeks.
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A company in the Industrials sector has jumped its sales by 16.03% annually for the last half of the decade. Company’s average yearly earnings per share was noted 11.90% at the time writing. With a float of $880.11 million, this company’s outstanding shares have now reached $963.52 million.
In an organization with 11700 employees, it is important to assess its efficiency. 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 Updates
A key investor’s attitude towards the stock of the Specialty Business Services industry is another important factor to consider. The insider ownership of Copart, Inc is 8.66%, while institutional ownership is 82.59%. The most recent insider transaction that took place on Dec 05 ’24, was worth 5,144,392. Before that another transaction happened on Nov 26 ’24, when Company’s Executive Chairman sold 251,423 for $63.79, making the entire transaction worth $16,038,273. This insider now owns 14,436,557 shares in total.
Copart, Inc (CPRT) Performance Highlights and Predictions
According to the Wall Street analysts, stocks earnings will be around 11.90% 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
Check out the current performance indicators for Copart, Inc (CPRT). In the past quarter, the stock posted a quick ratio of 6.34. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 13.75. Likewise, its price to free cash flow for the trailing twelve months is 60.41.
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 1.77 in one year’s time.
Technical Analysis of Copart, Inc (CPRT)
Let’s dig in a bit further. During the last 5-days, its volume was 3.67 million. That was inferior than the volume of 4.45 million it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic %D was 52.17%. Additionally, its Average True Range was 1.22.
During the past 100 days, Copart, Inc’s (CPRT) raw stochastic average was set at 85.92%, which indicates a significant increase from 75.12% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 44.58% in the past 14 days, which was higher than the 27.47% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $55.84, while its 200-day Moving Average is $54.16. However, in the short run, Copart, Inc’s stock first resistance to watch stands at $62.44. Second resistance stands at $62.79. The third major resistance level sits at $63.16. If the price goes on to break the first support level at $61.72, it is likely to go to the next support level at $61.35. Assuming the price breaks the second support level, the third support level stands at $60.99.
Copart, Inc (NASDAQ: CPRT) Key Stats
There are currently 963,528K shares outstanding in the company with a market cap of 59.98 billion. Presently, the company’s annual sales total 4,237 M according to its annual income of 1,363 M. Last quarter, the company’s sales amounted to 1,147 M and its income totaled 362,090 K.
