A new trading day began on Friday, with Copart, Inc (NASDAQ: CPRT) stock price down -1.37% from the previous day of trading, before settling in for the closing price of $62.08. CPRT’s price has ranged from $46.21 to $64.38 over the past 52 weeks.
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Annual sales at Industrials sector company grew by 16.03% over the past five years. Meanwhile, its annual earnings per share averaged 11.67%. With a float of $880.12 million, this company’s outstanding shares have now reached $963.52 million.
Let’s look at the performance matrix of the company that is accounted for 11700 employees. 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 and Institutional Ownership
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 8.66%, while institutional ownership is 82.59%. The most recent insider transaction that took place on Dec 05 ’24, was worth 5,153,557. In this transaction Director of this company sold 83,310 shares at a rate of $61.86, taking the stock ownership to the 7,850 shares. Before that another transaction happened on Dec 05 ’24, when Company’s Director proposed sale 83,310 for $61.75, making the entire transaction worth $5,144,392.
Copart, Inc (CPRT) Latest Financial update
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 11.67% 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
Here are Copart, Inc’s current performance indicators. According to the last quarter’s results, the stock had a quick ratio of 6.34. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 13.34. Likewise, its price to free cash flow for the trailing twelve months is 58.61.
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)
Copart, Inc (NASDAQ: CPRT) saw its 5-day average volume 3.27 million, a negative change from its year-to-date volume of 4.43 million. As of the previous 9 days, the stock’s Stochastic %D was 31.39%. Additionally, its Average True Range was 1.14.
During the past 100 days, Copart, Inc’s (CPRT) raw stochastic average was set at 80.71%, which indicates a significant increase from 4.26% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 17.94% in the past 14 days, which was lower than the 27.06% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $56.79, while its 200-day Moving Average is $54.39. Nevertheless, the first resistance level for the watch stands at $61.84 in the near term. At $62.46, the stock is likely to face the second major resistance level. The third major resistance level sits at $62.83. If the price goes on to break the first support level at $60.85, it is likely to go to the next support level at $60.48. The third support level lies at $59.86 if the price breaches the second support level.
Copart, Inc (NASDAQ: CPRT) Key Stats
With a market capitalization of 58.19 billion, the company has a total of 963,528K Shares Outstanding. Currently, annual sales are 4,237 M while annual income is 1,363 M. The company’s previous quarter sales were 1,147 M while its latest quarter income was 362,090 K.
