Look For Institutional Buying In Copart, Inc (NASDAQ: CPRT)

Copart, Inc (CPRT) concluded trading on Thursday at a closing price of $59.83, with 3.44 million shares of worth about $205.86 million changed hands on the day. Half year performance of the stock remained positive as price took a surge of 17.38% during that period and on February 13, 2025 the price saw a gain of about 1.37%. Currently the company’s common shares owned by public are about 963.52M shares, out of which, 880.86M shares are available for trading.

Stock saw a price change of 1.08% in past 5 days and over the past one month there was a price change of 6.42%. Year-to-date (YTD), CPRT shares are showing a performance of 4.25% which increased to 18.52% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $48.05 but also hit the highest price of $64.38 during that period. The average intraday trading volume for Copart, Inc shares is 3.86 million. The stock is currently trading 3.07% above its 20-day simple moving average (SMA20), while that difference is up 1.89% for SMA50 and it goes to 9.11% higher than SMA200.

Copart, Inc (NASDAQ: CPRT) currently have 963.52M outstanding shares and institutions hold larger chunk of about 83.57% of that.

The stock has a current market capitalization of $57.65B and its 3Y-monthly beta is at 1.30. PE ratio of stock for trailing 12 months is 41.93, while it has posted earnings per share of $1.43 in the same period. Its PEG reads 2.93 and has Quick Ratio of 6.34 while making debt-to-equity ratio of 0.01. Volatility of a stock is a metric used to know how much the price of that stock is under influence and for CPRT, volatility over the week remained 2.02% while standing at 1.53% over the month.

Stock’s fiscal year EPS is expected to rise by 11.67% while it is estimated to increase by 13.29% in next year. EPS is likely to shrink at an annualized rate of 14.29% for next 5-years, compared to annual growth of 17.85% made by the stock over the past 5-years.

Digging deeper we find that several firms have released their research notes about the support levels of the stock. Most recent of them is a note released by JP Morgan on February 27, 2024 offering a Neutral rating for the stock and assigned a target price of $48 to it. Coverage by HSBC Securities stated Copart, Inc (CPRT) stock as a Hold in their note to investors on December 04, 2023, suggesting a price target of $51 for the stock. Stock get an Overweight rating from Stephens on February 12, 2021.

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