$0.31 EPS Expected for Copart, Inc. (CPRT)

September 10, 2017 – By Linda Rogers

Investors sentiment increased to 0.88 in 2016 Q4. Its up 0.06, from 0.82 in 2016Q3. It improved, as 41 investors sold Copart, Inc. shares while 111 reduced holdings. 41 funds opened positions while 93 raised stakes. 83.97 million shares or 2.73% less from 86.32 million shares in 2016Q3 were reported.
Los Angeles Cap Equity Research has invested 0.01% in Copart, Inc. (NASDAQ:CPRT). Louisiana State Employees Retirement Systems invested in 25,200 shares. California State Teachers Retirement accumulated 203,156 shares or 0.02% of the stock. Bnp Paribas Arbitrage Sa holds 84,033 shares. City Com owns 71 shares. Burgundy Asset Limited invested 0.09% of its portfolio in Copart, Inc. (NASDAQ:CPRT). Victory Capital Mgmt holds 19,724 shares or 0% of its portfolio. Kayne Anderson Rudnick Invest Mgmt holds 2.67M shares or 1.76% of its portfolio. Proshare Advsrs Lc has invested 0.01% in Copart, Inc. (NASDAQ:CPRT). Credit Suisse Ag stated it has 0.01% of its portfolio in Copart, Inc. (NASDAQ:CPRT). Washington Tru has invested 0.04% in Copart, Inc. (NASDAQ:CPRT). Capstone Asset owns 0.02% invested in Copart, Inc. (NASDAQ:CPRT) for 12,071 shares. Evanson Asset Lc stated it has 10,064 shares or 0.16% of all its holdings. Contravisory Invest Inc accumulated 0.08% or 3,992 shares. Voya Investment Mngmt Ltd Liability Com reported 41,214 shares or 0.01% of all its holdings.

Since March 10, 2017, it had 0 insider purchases, and 1 sale for $12.41 million activity. $12.41M worth of Copart, Inc. (NASDAQ:CPRT) was sold by ADAIR A JAYSON. MEEKS JAMES E had sold 16,500 shares worth $998,600 on Friday, March 10.

Analysts await Copart, Inc. (NASDAQ:CPRT) to report earnings on September, 19. They expect $0.31 EPS, up 6.90 % or $0.02 from last year’s $0.29 per share. CPRT’s profit will be $71.39 million for 26.09 P/E if the $0.31 EPS becomes a reality. After $0.37 actual EPS reported by Copart, Inc. for the previous quarter, Wall Street now forecasts -16.22 % negative EPS growth. The stock increased 0.68% or $0.22 on September 8, reaching $32.35. About 1.58 million shares traded or 46.30% up from the average. Copart, Inc. (NASDAQ:CPRT) has risen 37.41% since September 10, 2016 and is uptrending. It has outperformed by 20.71% the S&P500.

Copart, Inc. (NASDAQ:CPRT) Ratings Coverage

Among 8 analysts covering Copart (NASDAQ:CPRT), 1 have Buy rating, 0 Sell and 7 Hold. Therefore 13% are positive. Copart has $63 highest and $3300 lowest target. $49.75’s average target is 53.79% above currents $32.35 stock price. Copart had 15 analyst reports since January 15, 2016 according to SRatingsIntel. The firm has “Buy” rating given on Friday, September 23 by Bank of America. On Tuesday, April 5 the stock rating was initiated by Gabelli with “Hold”. The stock has “Hold” rating by Jefferies on Wednesday, August 9. Barrington Research downgraded the stock to “Mkt Perform” rating in Friday, September 23 report. As per Thursday, September 22, the company rating was maintained by Jefferies. Bank of America downgraded the shares of CPRT in report on Monday, March 21 to “Neutral” rating. The firm earned “Hold” rating on Friday, May 27 by Jefferies. The stock of Copart, Inc. (NASDAQ:CPRT) earned “Hold” rating by Jefferies on Friday, May 26. The firm has “Neutral” rating by JP Morgan given on Friday, May 27. The stock of Copart, Inc. (NASDAQ:CPRT) earned “Neutral” rating by Susquehanna on Friday, August 26.

Copart, Inc. is a provider of online auctions and vehicle remarketing services in the United States, Canada, the United Kingdom, the United Arab Emirates, Oman, Bahrain, Brazil, Ireland, Spain and India. The company has market cap of $7.45 billion. The Firm also provides vehicle remarketing services in Germany. It has a 18.83 P/E ratio. The Firm operates through two divisions: United States and International.

More important recent Copart, Inc. (NASDAQ:CPRT) news were published by: Prnewswire.com which released: “Copart Opens New Location in Andrews, Texas” on August 14, 2017, also Seekingalpha.com published article titled: “Does Copart Actually Gain From Hurricane Harvey?”, Prnewswire.com published: “Copart Expands Its Locations Near Little Rock and Fayetteville, Arkansas” on August 22, 2017. More interesting news about Copart, Inc. (NASDAQ:CPRT) was released by: Prnewswire.com and their article: “Copart Announces Expansion of Its Location near Minneapolis, Minnesota” with publication date: September 05, 2017.