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Copart Inc. (CPRT) and the Battle of Fundamentals vs. Technicals

Copart Inc. (NASDAQ:CPRT) went down by -1.63% from its latest closing price compared to the recent 1-year high of $67.79. The company’s stock price has collected -1.36% of loss in the last five trading sessions.

Is It Worth Investing in Copart Inc. (NASDAQ :CPRT) Right Now?

Copart Inc. (NASDAQ:CPRT) scored a price-to-earnings ratio above its average ratio, recording 27.56 x from its present earnings ratio. Plus, the 36-month beta value for CPRT is at 1.19. Opinions of the stock are interesting as 7 analysts out of 10 who provided ratings for Copart Inc. declared the stock was a “buy,” while 1 rated the stock as “overweight,” 2 rated it as “hold,” and 0 as “sell.”

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The average price from analysts is $75.13, which is $13.61 above the current price. CPRT currently public float of 427.93M and currently shorts hold a 1.25% ratio of that float. Today, the average trading volume of CPRT was 2.03M shares.

CPRT’s Market Performance

CPRT stocks went down by -1.36% for the week, with a monthly jump of 1.85% and a quarterly performance of 9.31%, while its annual performance rate touched -7.46%. The volatility ratio for the week stands at 2.07% while the volatility levels for the past 30 days are set at 1.96% for Copart Inc. The simple moving average for the period of the last 20 days is 0.17% for CPRT stocks with a simple moving average of 4.29% for the last 200 days.

Analysts’ Opinion of CPRT

Many brokerage firms have already submitted their reports for CPRT stocks, with Stephens repeating the rating for CPRT by listing it as a “Overweight.” The predicted price for CPRT in the upcoming period, according to Stephens is $140 based on the research report published on February 12th of the previous year 2021.

CPRT Trading at -1.20% from the 50-Day Moving Average

After a stumble in the market that brought CPRT to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -9.26% of loss for the given period.

Volatility was left at 1.96%, however, over the last 30 days, the volatility rate increased by 2.07%, as shares surge +1.99% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +7.20% upper at present.

During the last 5 trading sessions, CPRT fell by -1.36%, which changed the moving average for the period of 200-days by -2.12% in comparison to the 20-day moving average, which settled at $61.46. In addition, Copart Inc. saw 1.02% in overturn over a single year, with a tendency to cut further gains.

Insider Trading

Reports are indicating that there were more than several insider trading activities at CPRT starting from Blunt Matt, who sale 10,000 shares at the price of $115.72 back on Jun 06. After this action, Blunt Matt now owns 0 shares of Copart Inc., valued at $1,157,200 using the latest closing price.

TRYFOROS THOMAS N, the Director of Copart Inc., sale 11,000 shares at $114.72 during a trade that took place back on May 31, which means that TRYFOROS THOMAS N is holding 0 shares at $1,261,887 based on the most recent closing price.

Stock Fundamentals for CPRT

Current profitability levels for the company are sitting at:

  • +39.28 for the present operating margin
  • +45.31 for the gross margin

The net margin for Copart Inc. stands at +31.14. Equity return is now at value 24.00, with 20.00 for asset returns.

The liquidity ratio also appears to be rather interesting for investors as it stands at 4.74.

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