In last trading session, Copart, Inc. (NASDAQ:CPRT) saw 8.54 million shares changing hands with its beta currently measuring 1.27. Company’s recent per share price level of $53.88 trading at $0.19 or 0.35% at ring of the bell on the day assigns it a market valuation of $51.90B. That closing price of CPRT’s stock is at a discount of -8.72% from its 52-week high price of $58.58 and is indicating a premium of 21.29% from its 52-week low price of $42.41. Taking a look at company’s average trading volume for last 10-days demonstrates a volume of 4.86 million shares which gives us an average trading volume of 4.49 million if we extend that period to 3-months.

For Copart, Inc. (CPRT), analysts’ consensus is at an average recommendation of Buy while assigning it a mean rating of 2.15. Splitting up the data highlights that, out of 3 analysts covering the stock, 0 rated the stock as a Sell while 1 recommended an Overweight rating for the stock. 0 suggested the stock as a Hold whereas 2 see the stock as a Buy. 0 analyst(s) advised it as an Underweight. The company is expected to be making an EPS of 0.37 in the current quarter.

Copart, Inc. (NASDAQ:CPRT) trade information

Upright in the green during last session for gaining 0.35%, in the last five days CPRT remained trading in the red while hitting it’s week-highest on Monday, 10/14/24 when the stock touched $53.88 price level, adding 3.68% to its value on the day. Copart, Inc.’s shares saw a change of 9.96% in year-to-date performance and have moved -3.65% in past 5-day. Copart, Inc. (NASDAQ:CPRT) showed a performance of 4.02% in past 30-days. Number of shares sold short was 11.75 million shares which calculate 2.32 days to cover the short interests.

Wall Street analysts have assigned a consensus price target of 30.25 to the stock, which implies a fall of -78.12% to its current value. Analysts have been projecting 18.5 as a low price target for the stock while placing it at a high target of 63. It follows that stock’s current price would jump 65.66% in reaching the projected high whereas dropping to the targeted low would mean a gain of 65.66% for stock’s current value.

Copart, Inc. (CPRT) estimates and forecasts

Statistics highlight that Copart, Inc. is scoring comparatively lower than the scores of other players of the relevant industry. The company added 1.89% of value to its shares in past 6 months, showing an annual growth rate of 10.00% while that of industry is 24.00. Apart from that, the company came raising its revenue forecast for fiscal year 2024. This year revenue growth is estimated to rise 7.70% from the last financial year’s standing.

6 industry analysts have given their estimates about the company’s current quarter revenue by setting an average figure of 1.09B for the same. And 6 analysts are in estimates of company making revenue of 1.11B in the next quarter.

Weighing up company’s earnings over the past 5-year and in the next 5-year periods, we find the company posting an annual earnings growth rate of 17.85% during past 5 years. In 2024, company’s earnings growth rate is likely to be around 11.27% while estimates for its earnings growth in next 5 years are of 15.00%.

Copart, Inc. (NASDAQ:CPRT)’s Major holders

Insiders are in possession of 9.19% of company’s total shares while institution are holding 84.95 percent of that, with stock having share float percentage of 93.55%. Investors also watch the number of corporate investors in a company very closely, which is 84.95% institutions for Copart, Inc. that are currently holding shares of the company. VANGUARD GROUP INC is the top institutional holder at CPRT for having 100.64 million shares of worth $5.45 billion. And as of 2024-06-30, it was holding 10.4636 of the company’s outstanding shares.

The second largest institutional holder is BLACKROCK INC., which was holding about 69.18 million shares on 2024-06-30. The number of shares represents firm’s hold over 7.1932 of outstanding shares, having a total worth of $3.75 billion.