$0.25 EPS Expected for Copart, Inc. (CPRT)

November 14, 2017 - By Henry Gaston

 $0.25 EPS Expected for Copart, Inc. (CPRT)
Investors sentiment increased to 9.26 in Q2 2017. Its up 8.06, from 1.2 in 2017Q1. It increased, as 23 investors sold Copart, Inc. shares while 8 reduced holdings. 51 funds opened positions while 236 raised stakes. 337.64 million shares or 298.34% more from 84.76 million shares in 2017Q1 were reported.
Atria Invs Llc invested in 0.01% or 6,418 shares. Goldman Sachs Grp Inc Incorporated has invested 0.01% in Copart, Inc. (NASDAQ:CPRT). Balyasny Asset Mgmt Ltd Limited Liability Company holds 0% or 24,900 shares. Moreover, Legacy Private has 0.32% invested in Copart, Inc. (NASDAQ:CPRT). Morgan Dempsey Management Ltd Company invested in 7,746 shares or 0.09% of the stock. Clearbridge Invests Limited has 3.73M shares for 0.12% of their portfolio. Prescott General Ptnrs Lc holds 4.12% of its portfolio in Copart, Inc. (NASDAQ:CPRT) for 2.42 million shares. Teacher Retirement Systems Of Texas accumulated 16,485 shares. Vanguard accumulated 16.18M shares. 13,534 are owned by Stephens Ar. Jaffetilchin Partners Limited Liability Company has invested 0.11% of its portfolio in Copart, Inc. (NASDAQ:CPRT). Chatham Grp has invested 0.83% in Copart, Inc. (NASDAQ:CPRT). New Mexico-based Hanseatic Svcs has invested 0.71% in Copart, Inc. (NASDAQ:CPRT). Employees Retirement Of Texas has invested 0.07% in Copart, Inc. (NASDAQ:CPRT). Montag & Caldwell Ltd Llc reported 0.01% in Copart, Inc. (NASDAQ:CPRT).

Analysts await Copart, Inc. (NASDAQ:CPRT) to report earnings on November, 20. They expect $0.25 earnings per share, down 10.71 % or $0.03 from last year’s $0.28 per share. CPRT’s profit will be $57.77M for 35.92 P/E if the $0.25 EPS becomes a reality. After $0.35 actual earnings per share reported by Copart, Inc. for the previous quarter, Wall Street now forecasts -28.57 % negative EPS growth. About 40,260 shares traded. Copart, Inc. (NASDAQ:CPRT) has risen 37.41% since November 14, 2016 and is uptrending. It has outperformed by 20.71% the S&P500.

Copart, Inc. (NASDAQ:CPRT) Ratings Coverage

Among 9 analysts covering Copart (NASDAQ:CPRT), 2 have Buy rating, 0 Sell and 7 Hold. Therefore 22% are positive. Copart had 19 analyst reports since January 15, 2016 according to SRatingsIntel. Robert W. Baird maintained the stock with “Buy” rating in Tuesday, October 31 report. Jefferies maintained the shares of CPRT in report on Friday, May 26 with “Hold” rating. The company was initiated on Monday, January 18 by Jefferies. On Friday, May 27 the stock rating was maintained by JP Morgan with “Neutral”. The firm earned “Buy” rating on Friday, September 23 by Bank of America. The firm has “Hold” rating by Jefferies given on Monday, September 11. Jefferies maintained Copart, Inc. (NASDAQ:CPRT) rating on Thursday, July 6. Jefferies has “Hold” rating and $3300 target. The stock of Copart, Inc. (NASDAQ:CPRT) has “Mkt Perform” rating given on Friday, September 23 by Barrington Research. The company was upgraded on Thursday, February 25 by CL King. The firm earned “Hold” rating on Tuesday, April 5 by Gabelli.

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 $8.30 billion. The Firm also provides vehicle remarketing services in Germany. It has a 21.62 P/E ratio. The Firm operates through two divisions: United States and International.

More recent Copart, Inc. (NASDAQ:CPRT) news were published by: Prnewswire.com which released: “Initiating Research Reports on Auto Dealerships Equities — Copart, AutoNation …” on November 10, 2017. Also Prnewswire.com published the news titled: “Copart Adds Acreage in Memphis, Expands Footprint in the Southeast Region of …” on October 27, 2017. Nasdaq.com‘s news article titled: “Copart (CPRT) Expands Online Auction Location at Arizona” with publication date: November 07, 2017 was also an interesting one.

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