A share price of Copart, Inc. [CPRT] is currently trading at $51.80, up 1.57%. In order to assess the stock’s recent performance, you can check whether its short-term value is rising or falling. The CPRT shares have gain 4.71% over the last week, with a monthly amount drifted -0.35%, and not seem to be holding up well over a long-time horizon.
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From an analyst’s perspective:
Previously, HSBC Securities started tracking the stock with Hold rating on December 04, 2023, and set its price target to $51. On September 08, 2023, Argus initiated with a Buy rating and assigned a price target of $53 on the stock. Northcoast downgraded its rating to a Neutral. Stephens upgraded its rating to a Overweight and raised its price target to $140 on February 12, 2021. Northcoast upgraded its rating to Buy for this stock on February 05, 2021. In a note dated December 07, 2020, Exane BNP Paribas initiated an Outperform rating.
Copart, Inc. experienced fluctuations in its stock price throughout the past year between $42.41 and $58.58. Currently, Wall Street analysts expect the stock to reach $35.5 within the next 12 months. Copart, Inc. [NASDAQ: CPRT] shares were valued at $51.80 at the most recent close of the market. An investor can expect a potential drop of -31.47% based on the average CPRT price forecast.
Analyzing the CPRT fundamentals
Trailing Twelve Months sales for Copart, Inc. [NASDAQ:CPRT] were 4.24B which represents 7.16% growth. Gross Profit Margin for this corporation currently stands at 0.45% with Operating Profit Margin at 0.37%, Pretax Profit Margin comes in at 0.4%, and Net Profit Margin reading is 0.32%. To continue investigating profitability, this company’s Return on Assets is posted at 0.16, Equity is 0.2 and Total Capital is 0.2. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.02.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 51.41 points at the first support level, and at 51.02 for the second support level. However, for the 1st resistance point, the stock is sitting at 52.15, and for the 2nd resistance point, it is at 52.51.
Ratios To Look Out For
To put it in perspective, the Current Ratio for Copart, Inc. [NASDAQ:CPRT] is 6.82. In addition, the Quick Ratio stands at 6.75 and the Cash Ratio stands at 2.41. Considering the valuation of this stock, the price to sales ratio is 11.77, the price to book ratio is 6.95 and price to earnings (TTM) ratio is 37.06.
Transactions by insiders
Recent insider trading involved ADAIR A JAYSON, Executive Chairman, that happened on Mar 28 ’24 when 0.6 million shares were sold. Director, TRYFOROS THOMAS N completed a deal on Mar 13 ’24 to sell 0.28 million shares. Meanwhile, Director Blunt Matt sold 100000.0 shares on Feb 26 ’24.