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The price of Copart, Inc. (NASDAQ: CPRT) closed at $53.87 in the last session, down -1.50% from day before closing price of $54.69. In other words, the price has decreased by -$1.50 from its previous closing price. On the day, 2.27 million shares were traded. CPRT stock price reached its highest trading level at $54.725 during the session, while it also had its lowest trading level at $53.65.
Ratios:
We take a closer look at CPRT’s different ratios to gain a better understanding of the stock. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 16.77 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 61.08. For the most recent quarter (mrq), Quick Ratio is recorded 7.06 and its Current Ratio is at 7.14. In the meantime, Its Debt-to-Equity ratio is 0.02 whereas as Long-Term Debt/Eq ratio is at 0.01.
On December 04, 2023, HSBC Securities started tracking the stock assigning a Hold rating and target price of $51.
On September 08, 2023, Argus started tracking the stock assigning a Buy rating and target price of $53.Argus initiated its Buy rating on September 08, 2023, with a $53 target price.
Insider Transactions:
An investor can also benefit from insider trades by learning what management is thinking about the future direction of stock prices. A recent insider transaction in this stock occurred on Mar 28 ’24 when ADAIR A JAYSON sold 600,000 shares for $57.77 per share. The transaction valued at 34,662,000 led to the insider holds 19,687,980 shares of the business.
TRYFOROS THOMAS N sold 285,000 shares of CPRT for $15,751,950 on Mar 13 ’24. The Director now owns 35,000 shares after completing the transaction at $55.27 per share. On Feb 26 ’24, another insider, Blunt Matt, who serves as the Director of the company, sold 100,000 shares for $51.06 each. As a result, the insider received 5,106,000 and left with 0 shares of the company.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, CPRT now has a Market Capitalization of 51858239488 and an Enterprise Value of 48904855552. As of this moment, Copart,’s Price-to-Earnings (P/E) ratio for their current fiscal year is 37.77, and their Forward P/E ratio for the next fiscal year is 33.03. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 1.69. For the stock, the TTM Price-to-Sale (P/S) ratio is 12.45 while its Price-to-Book (P/B) ratio in mrq is 7.23. Its current Enterprise Value per Revenue stands at 11.741 whereas that against EBITDA is 27.461.
Stock Price History:
The Beta on a monthly basis for CPRT is 1.28, which has changed by 0.21182823 over the last 52 weeks, in comparison to a change of 0.25510752 over the same period for the S&P500. Over the past 52 weeks, CPRT has reached a high of $58.58, while it has fallen to a 52-week low of $42.41. The 50-Day Moving Average of the stock is -0.71%, while the 200-Day Moving Average is calculated to be 6.27%.
Shares Statistics:
According to the various share statistics, CPRT traded on average about 4.25M shares per day over the past 3-months and 5939640 shares per day over the past 10 days. A total of 957.34M shares are outstanding, with a floating share count of 874.40M. Insiders hold about 9.13% of the company’s shares, while institutions hold 83.54% stake in the company. Shares short for CPRT as of 1718323200 were 13756472 with a Short Ratio of 3.23, compared to 1715731200 on 11601441. Therefore, it implies a Short% of Shares Outstanding of 13756472 and a Short% of Float of 1.77.
Earnings Estimates
A detailed examination of Copart, Inc. (CPRT) is currently in progress, with 5.0 analysts providing valuable insights into its market dynamics.On average, analysts expect EPS of $0.36 for the current quarter, with a high estimate of $0.38 and a low estimate of $0.36, while EPS last year was $0.34. The consensus estimate for the next quarter is $0.38, with high estimates of $0.39 and low estimates of $0.36.
Analysts are recommending an EPS of between $1.49 and $1.43 for the fiscal current year, implying an average EPS of $1.45. EPS for the following year is $1.63, with 9.0 analysts recommending between $1.73 and $1.55.
Revenue Estimates
According to 5 analysts, the current quarter’s revenue is expected to be $1.08B. It ranges from a high estimate of $1.09B to a low estimate of $1.08B. As of the current estimate, Copart, Inc.’s year-ago sales were $997.59MFor the next quarter, 5 analysts are estimating revenue of $1.12B. There is a high estimate of $1.14B for the next quarter, whereas the lowest estimate is $1.11B.
A total of 9 analysts have provided revenue estimates for CPRT’s current fiscal year. The highest revenue estimate was $4.31B, while the lowest revenue estimate was $4.24B, resulting in an average revenue estimate of $4.26B. In the same quarter a year ago, actual revenue was $3.87BBased on 9 analysts’ estimates, the company’s revenue will be $4.69B in the next fiscal year. The high estimate is $4.82B and the low estimate is $4.56B.
