Let’s look at the key reasons that are pushing Copart, Inc (CPRT) to new highs

On Tuesday, Copart, Inc (NASDAQ: CPRT) opened lower -1.54% from the last session, before settling in for the closing price of $53.75. Price fluctuations for CPRT have ranged from $48.05 to $64.38 over the past 52 weeks.

Over the past five-year period, the growth rate of yearbook sales for the company of the Industrials sector was 16.03%. Company’s average yearly earnings per share was noted 12.54% at the time writing. With a float of $883.56 million, this company’s outstanding shares have now reached $966.05 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 58.66%, operating margin of 36.16%, and the pretax margin is 39.83%.

Copart, Inc (CPRT) Breakdown of a Key Holders of the stock

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 8.54%, while institutional ownership is 82.23%. The most recent insider transaction that took place on Feb 28 ’25, was worth 5,677,000. Before that another transaction happened on Jan 06 ’25, when Company’s Director sold 235,480 for $56.84, making the entire transaction worth $13,384,683. This insider now owns 0 shares in total.

Copart, Inc (CPRT) Recent Fiscal highlights

Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.38 per share during the current fiscal year.

According to the Wall Street analysts, stocks earnings will be around 12.54% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 14.92% 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 7.57. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 11.35. Likewise, its price to free cash flow for the trailing twelve months is 50.34.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 1.49, a number that is poised to hit 0.42 in the next quarter and is forecasted to reach 1.78 in one year’s time.

Technical Analysis of Copart, Inc (CPRT)

Compared to the last year’s volume of 4.18 million, its volume of 3.92 million showed lagged in the last five days. As of the previous 9 days, the stock’s Stochastic %D was 41.86%. Additionally, its Average True Range was 1.18.

During the past 100 days, Copart, Inc’s (CPRT) raw stochastic average was set at 14.33%, which indicates a significant decrease from 20.13% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 16.65% in the past 14 days, which was lower than the 24.62% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $56.52, while its 200-day Moving Average is $54.90. Nevertheless, the first resistance level for the watch stands at $53.57 in the near term. At $54.21, the stock is likely to face the second major resistance level. The third major resistance level sits at $54.81. If the price goes on to break the first support level at $52.33, it is likely to go to the next support level at $51.73. Now, if the price goes above the second support level, the third support stands at $51.09.

Copart, Inc (NASDAQ: CPRT) Key Stats

There are currently 966,093K shares outstanding in the company with a market cap of 51.13 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 1,163 M and its income totaled 387,400 K.