Copart, Inc. stock closes higher than S&P 500, analysts predict increase in EPS and revenue

From Nasdaq: 2024-07-19 18:15:19

In the latest trading session, Copart, Inc. (CPRT) closed at $51.71, up 0.12%, outperforming the S&P 500. Over the past month, the company’s shares fell by 4.37%, worse than the performance of the Business Services sector and the S&P 500. Analysts predict a 8.82% increase in EPS and 7.4% rise in revenue for Copart Inc.

The Zacks Consensus Estimates for the full year project earnings of $1.43 per share and revenue of $4.24 billion. Analysts believe that estimate revisions are directly linked to stock performance, creating opportunities for investors. Copart, Inc. currently has a Zacks Rank of #4 (Sell) and a Forward P/E ratio of 36.03 compared to the industry average.

Expectations are high with Copart Inc.’s upcoming earnings disclosure. The company’s stock performance tend to reflect short-term trends and the Zacks Rank system highlights actionable rating system opportunities. Stay tuned to Zacks.com to track these stock-moving metrics and more in the upcoming trading sessions.

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Read more at Nasdaq: Copart, Inc. (CPRT) Increases Despite Market Slip: Here’s What You Need to Know