Currently, there are 966.05M common shares owned by the public and among those 883.56M shares have been available to trade.
The company’s stock has a 5-day price change of 2.91% and -2.14% over the past three months. CPRT shares are trading -0.31% year to date (YTD), with the 12-month market performance down to -1.23% lower. It has a 12-month low price of $48.05 and touched a high of $64.38 over the same period. CPRT has an average intraday trading volume of 4.29 million shares. The stock is trading above its simple moving averages at the SMA20, SMA50, and SMA200, as the current price level is off by 5.56%, 1.66%, and 4.02% respectively.
Institutional ownership of Copart, Inc (NASDAQ: CPRT) shares accounts for 82.26% of the company’s 966.05M shares outstanding.
It has a market capitalization of $55.27B and a beta (3y monthly) value of 1.22. The stock’s trailing 12-month PE ratio is 38.43, while the earnings-per-share (ttm) stands at $1.49. The company has a PEG of 2.58 and a Quick Ratio of 7.57 with the debt-to-equity ratio at 0.01. Price movements for the stock have been influenced by the stock’s volatility, which stands at 2.66% over the week and 2.14% over the month.
Earnings per share for the fiscal year are expected to increase by 12.54%, and 13.26% over the next financial year. EPS should shrink at an annualized rate of 14.92% over the next five years, compared to 17.85% over the past 5-year period.
JP Morgan coverage for the Copart, Inc (CPRT) stock in a research note released on February 27, 2024 offered a Neutral rating with a price target of $48. HSBC Securities was of a view on December 04, 2023 that the stock is Hold, while Argus gave the stock Buy rating on September 08, 2023, issuing a price target of $53. Northcoast on their part issued Neutral rating on May 01, 2023.
