Copart (NASDAQ:CPRT – Get Rating) released its quarterly earnings data on Wednesday. The business services provider reported $1.17 earnings per share for the quarter, beating the consensus estimate of $1.14 by $0.03, MarketWatch Earnings reports. Copart had a return on equity of 28.18% and a net margin of 34.51%. During the same period last year, the company posted $1.09 EPS.
NASDAQ:CPRT traded up $0.81 during mid-day trading on Thursday, reaching $107.36. The stock had a trading volume of 6,447 shares, compared to its average volume of 1,130,059. The stock has a 50-day simple moving average of $119.66 and a two-hundred day simple moving average of $131.92. The stock has a market capitalization of $25.50 billion, a PE ratio of 23.57 and a beta of 1.13. The company has a debt-to-equity ratio of 0.10, a current ratio of 5.24 and a quick ratio of 5.11. Copart has a 12 month low of $105.41 and a 12 month high of $161.12.
Several research analysts have recently commented on CPRT shares. Robert W. Baird reduced their target price on Copart from $170.00 to $160.00 in a report on Friday, February 18th. StockNews.com assumed coverage on shares of Copart in a research report on Thursday, March 31st. They issued a “hold” rating for the company. Four investment analysts have rated the stock with a hold rating and one has assigned a buy rating to the company’s stock. According to data from MarketBeat.com, Copart currently has an average rating of “Hold” and an average price target of $162.33.
About Copart (Get Rating)
Copart, Inc provides online auctions and vehicle remarketing services. It offers a range of services for processing and selling vehicles over the Internet through its Virtual Bidding Third Generation Internet auction-style sales technology on behalf of vehicle sellers, insurance companies, banks and finance companies, charities, and fleet operators and dealers, as well as individual owners.
- Get a free copy of the StockNews.com research report on Copart (CPRT)
- A Reversal In The S&P 500 Is Confirmed
- MarketBeat Podcast: Options Trading As Easy As Trading Stocks
- The TJX Companies: It’s Not All Doom And Gloom In Retail
- Simply Good Foods Stock is Simply Looking Good Down Here
- Shoe Carnival’s Q1 Results Are No Joke, Shares Fall 15%
Receive News & Ratings for Copart Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Copart and related companies with MarketBeat.com's FREE daily email newsletter.