$0.46 EPS Expected for Copart, Inc. (CPRT)

November 10, 2018 - By Kristen Paramore

Copart, Inc. (NASDAQ:CPRT) LogoInvestors sentiment increased to 1.31 in 2018 Q2. Its up 0.32, from 0.99 in 2018Q1. It increased, as 24 investors sold Copart, Inc. shares while 132 reduced holdings. 81 funds opened positions while 123 raised stakes. 174.51 million shares or 0.98% more from 172.82 million shares in 2018Q1 were reported.
California-based Clarivest Asset Management Llc has invested 0.02% in Copart, Inc. (NASDAQ:CPRT). Connor Clark & Lunn Inv Management Ltd owns 42,800 shares for 0.01% of their portfolio. Cleararc Cap invested in 5,188 shares or 0.04% of the stock. Hightower Advisors Lc accumulated 40,976 shares. Ontario – Canada-based Burgundy Asset Management Limited has invested 0.12% in Copart, Inc. (NASDAQ:CPRT). Bokf Na accumulated 20,505 shares. Sanctuary Wealth Advsrs Llc holds 2.82% of its portfolio in Copart, Inc. (NASDAQ:CPRT) for 26,054 shares. Tower Research Ltd Com (Trc) holds 0.04% of its portfolio in Copart, Inc. (NASDAQ:CPRT) for 12,212 shares. Gabelli Funds Ltd Liability Company holds 213,000 shares or 0.07% of its portfolio. Montag And Caldwell reported 0.02% of its portfolio in Copart, Inc. (NASDAQ:CPRT). Blackrock Incorporated reported 13.33M shares or 0.03% of all its holdings. Proshare Ltd Com stated it has 18,438 shares. Frontier Inv Management has invested 0.04% of its portfolio in Copart, Inc. (NASDAQ:CPRT). First City Cap Mgmt stated it has 10,000 shares or 0.4% of all its holdings. Finemark Bank invested 0.02% in Copart, Inc. (NASDAQ:CPRT).

Since June 11, 2018, it had 0 insider buys, and 5 insider sales for $31.69 million activity. COHAN STEVEN D sold 80,000 shares worth $4.64 million. $11.49M worth of Copart, Inc. (NASDAQ:CPRT) was sold by ADAIR A JAYSON. Liaw Jeffrey had sold 30,000 shares worth $1.75 million. On Monday, June 11 FRANKLIN WILLIAM E sold $5.75M worth of Copart, Inc. (NASDAQ:CPRT) or 100,000 shares.

Analysts expect Copart, Inc. (NASDAQ:CPRT) to report $0.46 EPS on November, 20.They anticipate $0.13 EPS change or 39.39 % from last quarter’s $0.33 EPS. CPRT’s profit would be $107.60 million giving it 27.32 P/E if the $0.46 EPS is correct. After having $0.42 EPS previously, Copart, Inc.’s analysts see 9.52 % EPS growth. The stock decreased 0.34% or $0.17 during the last trading session, reaching $50.27. About 1.38M shares traded. Copart, Inc. (NASDAQ:CPRT) has risen 104.63% since November 10, 2017 and is uptrending. It has outperformed by 89.01% the S&P500.

Copart, Inc. (NASDAQ:CPRT) Ratings Coverage

Among 3 analysts covering Copart (NASDAQ:CPRT), 1 have Buy rating, 1 Sell and 1 Hold. Therefore 33% are positive. Copart had 3 analyst reports since May 18, 2018 according to SRatingsIntel. The rating was upgraded by Gabelli on Thursday, September 20 to “Buy”. The firm has “Underweight” rating given on Friday, September 21 by JP Morgan. Stephens downgraded the stock to “Equal-Weight” rating in Friday, May 18 report.

Copart, Inc. provides online auctions and vehicle remarketing services. The company has market cap of $11.76 billion. 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 to vehicle sellers, insurance companies, banks and finance companies, charities, and fleet operators and dealers, as well as for individual owners. It has a 29.06 P/E ratio. The company's services include online seller access, salvage estimation, estimating, end-of-life vehicle processing, virtual insured exchange, transportation, vehicle inspection stations, on-demand reporting, motor vehicle regulatory agency processing, flexible vehicle processing programs, buy it now, member network, sales process, and dealer services.

More news for Copart, Inc. (NASDAQ:CPRT) were recently published by: Seekingalpha.com, which released: “Copart’s Fall: Big Overreaction, Big Opportunity” on October 29, 2018. Nasdaq.com‘s article titled: “Report: Exploring Fundamental Drivers Behind MRC Global, Exact Sciences, Owens-Illinois, Copart, Cognizant …” and published on November 05, 2018 is yet another important article.

Copart, Inc. (NASDAQ:CPRT) Institutional Positions Chart

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