EPS for Copart, Inc. (CPRT) Expected At $0.37

January 24, 2018 - By Marie Mckinney

 EPS for Copart, Inc. (CPRT) Expected At $0.37
Investors sentiment decreased to 1.13 in Q3 2017. Its down 8.13, from 9.26 in 2017Q2. It fall, as 27 investors sold Copart, Inc. shares while 108 reduced holdings. 58 funds opened positions while 95 raised stakes. 166.73 million shares or 50.62% less from 337.64 million shares in 2017Q2 were reported.
Moreover, Wasatch Advisors has 3.24% invested in Copart, Inc. (NASDAQ:CPRT). Stifel Finance Corporation has invested 0.02% in Copart, Inc. (NASDAQ:CPRT). Arizona State Retirement System has invested 0.05% in Copart, Inc. (NASDAQ:CPRT). Morgan Stanley holds 0.01% of its portfolio in Copart, Inc. (NASDAQ:CPRT) for 1.10M shares. Landscape Mngmt Limited Co owns 35,472 shares or 0.12% of their US portfolio. 14,481 were reported by Etrade Management Ltd Liability. Ls Limited Liability Company stated it has 0.04% in Copart, Inc. (NASDAQ:CPRT). Schroder Invest Mngmt Gp has invested 0.01% in Copart, Inc. (NASDAQ:CPRT). Public Employees Retirement System Of Ohio holds 0.09% or 489,916 shares. Riverhead Capital Mgmt Limited Company, a Delaware-based fund reported 25,313 shares. Fdx Advsr holds 0.02% or 22,042 shares. Amalgamated Bankshares accumulated 0.04% or 39,612 shares. Pacad Inv owns 8,701 shares. Price T Rowe Assoc Inc Md reported 539,095 shares stake. Robeco Institutional Asset Management Bv invested 0.46% of its portfolio in Copart, Inc. (NASDAQ:CPRT).

Since September 28, 2017, it had 0 buys, and 3 selling transactions for $15.31 million activity. $2.95M worth of Copart, Inc. (NASDAQ:CPRT) shares were sold by Englander Daniel J. MITZ VINCENT W sold $6.86 million worth of Copart, Inc. (NASDAQ:CPRT) on Thursday, September 28.

Analysts expect Copart, Inc. (NASDAQ:CPRT) to report $0.37 EPS on February, 20.They anticipate $0.08 EPS change or 27.59 % from last quarter’s $0.29 EPS. CPRT’s profit would be $85.58 million giving it 30.40 P/E if the $0.37 EPS is correct. After having $0.33 EPS previously, Copart, Inc.’s analysts see 12.12 % EPS growth. The stock decreased 0.95% or $0.43 during the last trading session, reaching $44.99. About 1.03M shares traded. Copart, Inc. (NASDAQ:CPRT) has risen 37.41% since January 24, 2017 and is uptrending. It has outperformed by 20.71% the S&P500.

Copart, Inc. (NASDAQ:CPRT) Ratings Coverage

Among 11 analysts covering Copart (NASDAQ:CPRT), 2 have Buy rating, 0 Sell and 9 Hold. Therefore 18% are positive. Copart had 23 analyst reports since January 15, 2016 according to SRatingsIntel. Robert W. Baird maintained it with “Buy” rating and $46.0 target in Friday, December 22 report. Bank of America downgraded the stock to “Neutral” rating in Monday, March 21 report. The rating was maintained by Jefferies with “Hold” on Monday, September 11. The firm has “Hold” rating given on Friday, May 26 by Jefferies. The firm has “Hold” rating by Jefferies given on Friday, January 15. The rating was maintained by Jefferies on Wednesday, August 9 with “Hold”. The firm has “Neutral” rating by Susquehanna given on Friday, August 26. The stock has “Hold” rating by Jefferies on Friday, May 27. As per Tuesday, January 16, the company rating was maintained by Stephens. The stock of Copart, Inc. (NASDAQ:CPRT) earned “Hold” rating by Jefferies on Thursday, September 22.

Copart, Inc. provides online auctions and vehicle remarketing services. The company has market cap of $10.41 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 35.18 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 notable recent Copart, Inc. (NASDAQ:CPRT) news were published by: Gurufocus.com which released: “Recent Analysis Shows Varian Medical, Deckers Outdoor, Copart, Systemax, TPG …” on January 23, 2018, also Nasdaq.com with their article: “Zacks.com featured highlights include: Copart, Forward Air, Meta Financial …” published on January 23, 2018, Bizjournals.com published: “South Side junk site to be cleared after years of complaints” on January 05, 2018. More interesting news about Copart, Inc. (NASDAQ:CPRT) were released by: Prnewswire.com and their article: “San Antonio’s Safe Tire Disposal Site to Be Cleared, Repurposed by New Owner …” published on January 09, 2018 as well as Seekingalpha.com‘s news article titled: “Copart: More Upside On The Way After Q1 2018 Blowout” with publication date: December 28, 2017.

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