Copart, Inc (NASDAQ: CPRT) has a higher price-to-earnings ratio of 43.47x compared to its average ratio. CPRT has 36-month beta value of 1.31. Analysts have mixed views on the stock, with 3 analysts rating it as a “buy,” 2 as “overweight,” 6 as “hold,” and 0 as “sell.”
The public float for CPRT is 880.11M, and currently, short sellers hold a 1.40% ratio of that float. The average trading volume of CPRT on December 03, 2024 was 4.64M shares.
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CPRT) stock’s latest price update
The stock of Copart, Inc (NASDAQ: CPRT) has decreased by -2.16 when compared to last closing price of 63.39.Despite this, the company has seen a loss of -1.08% in its stock price over the last five trading days. fxempire.com reported 2024-11-27 that Shares of vehicle auctioneer, remarketer, and salvager Copart, Inc. (CPRT) are up on impressive sales figures.
CPRT’s Market Performance
Copart, Inc (CPRT) has seen a -1.08% fall in stock performance for the week, with a 20.50% gain in the past month and a 15.88% surge in the past quarter. The volatility ratio for the week is 1.62%, and the volatility levels for the past 30 days are at 1.96% for CPRT. The simple moving average for the past 20 days is 6.64% for CPRT’s stock, with a 15.09% simple moving average for the past 200 days.
Analysts’ Opinion of CPRT
Many brokerage firms have already submitted their reports for CPRT stocks, with JP Morgan repeating the rating for CPRT by listing it as a “Neutral.” The predicted price for CPRT in the upcoming period, according to JP Morgan is $48 based on the research report published on February 27, 2024 of the current year 2024.
HSBC Securities, on the other hand, stated in their research note that they expect to see CPRT reach a price target of $51. The rating they have provided for CPRT stocks is “Hold” according to the report published on December 04th, 2023.
Argus gave a rating of “Buy” to CPRT, setting the target price at $53 in the report published on September 08th of the previous year.
CPRT Trading at 12.71% 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 -3.67% of loss for the given period.
Volatility was left at 1.96%, however, over the last 30 days, the volatility rate increased by 1.62%, as shares surge +20.45% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +20.57% upper at present.
During the last 5 trading sessions, CPRT fell by -1.08%, which changed the moving average for the period of 200-days by +24.71% in comparison to the 20-day moving average, which settled at $58.16. In addition, Copart, Inc saw 26.57% 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 ADAIR A JAYSON, who sale 251,423 shares at the price of $63.79 back on Nov 26 ’24. After this action, ADAIR A JAYSON now owns 14,436,557 shares of Copart, Inc, valued at $16,038,273 using the latest closing price.
ADAIR A JAYSON, the Executive Chairman of Copart, Inc, sale 248,577 shares at $63.63 during a trade that took place back on Nov 27 ’24, which means that ADAIR A JAYSON is holding 14,187,980 shares at $15,816,955 based on the most recent closing price.
Stock Fundamentals for CPRT
Current profitability levels for the company are sitting at:
- 0.36 for the present operating margin
- 0.44 for the gross margin
The net margin for Copart, Inc stands at 0.32. The total capital return value is set at 0.19. Equity return is now at value 19.47, with 17.19 for asset returns.
Based on Copart, Inc (CPRT), the company’s capital structure generated 0.01 points at debt to capital in total, while cash flow to debt ratio is standing at 13.52.
Currently, EBITDA for the company is 1.76 billion with net debt to EBITDA at -2.13. When we switch over and look at the enterprise to sales, we see a ratio of 12.88. The receivables turnover for the company is 5.44for trailing twelve months and the total asset turnover is 0.49. The liquidity ratio also appears to be rather interesting for investors as it stands at 6.41.
Conclusion
To put it simply, Copart, Inc (CPRT) has had a better performance in recent times. Analysts have a mixed opinion on the stock, with some rating it as a “buy” and others as a “hold”. It is worth mentioning that the stock is currently trading in close proximity to its 50-day moving average and its 52-week high.
