Copart, Inc. (CPRT) Stock Declines While Market Improves: Some Information for Investors
From Nasdaq: 2025-03-21 18:15:00
In the latest market close, Copart, Inc. (CPRT) reached $53.63, with a -0.41% movement compared to the previous day. This change lagged the S&P 500’s 0.08% gain on the day. At the same time, the Dow added 0.08%, and the tech-heavy Nasdaq gained 0.52%. Coming into today, shares of the company had lost 7.51% in the past month, while the Business Services sector lost 9.22%, and the S&P 500 lost 7.33%.
Analysts and investors are anticipating Copart, Inc.’s upcoming earnings disclosure, with a forecasted EPS of $0.42, a 7.69% increase from the same quarter last year. Revenue is projected to reach $1.24 billion, reflecting a 10.09% rise year-over-year. For the full year, estimates show earnings of $1.58 per share and revenue of $4.74 billion, up 12.86% and 11.86%, respectively.
Investors should monitor any recent revisions to analyst forecasts for Copart, Inc., which can indicate changing business trends. Positive estimate revisions reflect analyst optimism about the company’s profitability. The Zacks Rank system, currently rating Copart, Inc. as a #2 (Buy), considers these estimate changes to provide actionable insights for investors, with a history of exceeding expectations.
Copart, Inc. is currently trading at a Forward P/E ratio of 34.08, slightly below the industry average of 34.1. The Auction and Valuation Services industry, part of the Business Services sector, holds a Zacks Industry Rank of 3, placing it in the top 2% of all industries. Investors can track these metrics on Zacks.com for informed trading decisions.
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