Copart, Inc (NASDAQ: CPRT) on Monday, plunged -0.12% from the previous trading day, before settling in for the closing price of $57.70. Within the past 52 weeks, CPRT’s price has moved between $47.73 and $64.38.
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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. The company achieved an average annual earnings per share of 11.67%. With a float of $881.00 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
Observing investor behavior towards Specialty Business Services industry stocks is more important than anything else. The insider ownership of Copart, Inc is 8.57%, while institutional ownership is 82.65%. The most recent insider transaction that took place on Jan 06 ’25, was worth 13,384,683. In this transaction Director of this company sold 235,480 shares at a rate of $56.84, taking the stock ownership to the 0 shares. Before that another transaction happened on Jan 03 ’25, when Company’s Director sold 84,520 for $57.10, making the entire transaction worth $4,826,092. This insider now owns 0 shares in total.
Copart, Inc (CPRT) Performance Highlights and Predictions
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 14.29% 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 12.73. Likewise, its price to free cash flow for the trailing twelve months is 55.93.
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 3.13 million. That was inferior than the volume of 3.54 million it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic %D was 86.99%. Additionally, its Average True Range was 0.91.
During the past 100 days, Copart, Inc’s (CPRT) raw stochastic average was set at 58.67%, which indicates a significant decrease from 87.30% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 12.50% in the past 14 days, which was lower than the 26.73% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $58.96, while its 200-day Moving Average is $54.59. However, in the short run, Copart, Inc’s stock first resistance to watch stands at $57.96. Second resistance stands at $58.29. The third major resistance level sits at $58.88. If the price goes on to break the first support level at $57.04, it is likely to go to the next support level at $56.45. Assuming the price breaks the second support level, the third support level stands at $56.13.
Copart, Inc (NASDAQ: CPRT) Key Stats
Market capitalization of the company is 55.53 billion based on 963,528K outstanding shares. Right now, sales total 4,237 M and income totals 1,363 M. The company made 1,147 M in profit during its latest quarter, and 362,090 K in sales during its previous quarter.