Analysts See $0.46 EPS for Copart, Inc. (CPRT)

November 10, 2018 - By Richard Conner

Copart, Inc. (NASDAQ:CPRT) LogoInvestors sentiment increased to 1.31 in Q2 2018. Its up 0.32, from 0.99 in 2018Q1. It improved, 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.
London Of Virginia accumulated 1.66 million shares. Montag A And Assoc Inc has 80,585 shares for 0.47% of their portfolio. Old National National Bank In has 11,838 shares for 0.03% of their portfolio. Rbo And Co Limited Liability accumulated 6,000 shares. Ontario – Canada-based Td Asset Management Inc has invested 0% in Copart, Inc. (NASDAQ:CPRT). Caisse De Depot Et Placement Du Quebec holds 0% or 5,400 shares. Citigroup reported 0% of its portfolio in Copart, Inc. (NASDAQ:CPRT). Dnb Asset Management As owns 20,800 shares. Louisiana State Employees Retirement Sys invested 0.03% of its portfolio in Copart, Inc. (NASDAQ:CPRT). First Manhattan holds 1,160 shares. Pennsylvania-based Conestoga Capital Advsrs Ltd has invested 0.13% in Copart, Inc. (NASDAQ:CPRT). Moneta Group Inc Investment Advsrs Llc holds 0.02% of its portfolio in Copart, Inc. (NASDAQ:CPRT) for 3,400 shares. Amalgamated Bancorporation holds 0.05% or 33,783 shares. Kayne Anderson Rudnick Mngmt Lc accumulated 10.09 million shares. Rodgers Brothers Incorporated invested in 0.13% or 7,720 shares.

Since June 11, 2018, it had 0 insider purchases, and 5 selling transactions for $31.69 million activity. On Monday, June 11 ADAIR A JAYSON sold $11.49M worth of Copart, Inc. (NASDAQ:CPRT) or 200,000 shares. On Monday, June 11 the insider TRYFOROS THOMAS N sold $8.05 million. Shares for $5.75 million were sold by FRANKLIN WILLIAM E on Monday, June 11. Liaw Jeffrey sold 30,000 shares worth $1.75M.

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 1.38 million 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. JP Morgan downgraded it to “Underweight” rating and $47 target in Friday, September 21 report. The company was downgraded on Friday, May 18 by Stephens. Gabelli upgraded Copart, Inc. (NASDAQ:CPRT) on Thursday, September 20 to “Buy” rating.

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

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

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