In the latest trading session, Copart, Inc. (CPRT) saw a 2.68% increase to $48.96, outperforming the S&P 500, which gained 1.52%. The company’s stock has risen by 3.05% in the past month, surpassing the Business Services sector and the S&P 500.
Analysts are anticipating Copart, Inc.’s earnings per share (EPS) to be $0.37, a 12.12% rise from the previous year. Revenue is projected to reach $1.15 billion, up 7.23%. The company’s full-year estimates show earnings of $1.56 per share and revenue of $4.67 billion.
Investors should monitor analyst estimates for Copart, Inc. as they directly impact short-term stock momentum. The Zacks Rank system, ranging from #1 to #5, indicates the company currently holds a #3 (Hold) ranking with consistent EPS projections in the past 30 days.
Valuation-wise, Copart, Inc. has a Forward P/E ratio of 27.61, below the industry average of 37.7. The company operates in the Auction and Valuation Services industry, which currently ranks in the bottom 15% of all industries. The Zacks Industry Rank highlights industry performance based on Zacks Rank averages within that sector.
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