Madison Investments, an investment advisor, released its fourth-quarter 2025 investor letter for the “Madison Large Cap Fund”. A copy of the letter can be downloaded here. In the fourth quarter, the S&P 500 returned 2.65%, resulting in a full-year return of 17.9% for 2025. Over the last three years, the Index has achieved annual growth of over 21%. Following the recent trends, market leadership was defined by High Beta and Momentum factors, with narrow participation. However, in the fourth quarter, the mark ...

Top Wall Street analysts changed their outlook on these top names. For a complete view of all analyst rating changes, including upgrades and downgrades, please see our analyst ratings page.Considering buying CAT stock? Here’s what analysts think: Photo via Shutterstock ...

Key Takeaways CPRT reported Q2 EPS of 36 cents, missing estimates as revenues dipped 3.6% to $1.12B.CPRT service revenues fell to $952.1M, while vehicle sales rose above estimates to $169.6M.Copart's operating income dropped 8.8% and net income fell 9.5%, despite $5.1B cash on hand.Copart, Inc. (CPRT) reported second-quarter fiscal 2026 (ended Jan. 31, 2026) adjusted earnings per share of 36 cents, which missed the Zacks Consensus Estimate of 40 cents. The bottom line declined 10% year over year. The online ...

Junked-car salvager Copart (NASDAQ: CPRT) stock fell 4.5% through 11:30 a.m. ET Friday after missing earnings last night. Heading into its fiscal Q2 2026 report, analysts forecast Copart to earn $0.39 per share on $1.15 billion in sales. In fact, Copart earned just $0.36 per share on sales of $1.12 billion. Will AI create the world's first trillionaire? Our team just released a report on the one little-known company, called an "Indispensable Monopoly" providing the critical technology Nvidia and Intel bot ...

A historic Supreme Court ruling invalidating President Donald Trump's sweeping global tariffs triggered a sharp rally across U.S. equities Friday, as investors cheered the removal of duties that had reshaped trade flows and markets for nearly a year.The decision, issued Friday, held that the International Emergency Economic Powers Act does not authorize the president to impose tariffs. Chief Justice John Roberts wrote that Article I of the Constitution grants Congress alone the power to levy duties and taxe ...

Copart shares are approaching critical lows. What’s behind CPRT weakness?Earnings And Revenue Fall Short; Gross Profit And Net Income SlideCopart reported earnings per share of 36 cents, missing the consensus estimate of 40 cents. In addition, the company reported revenue of $1.12 billion, missing the consensus estimate of $1.14 billion.Revenue declined 3.6% year-over-year. Gross profit fell 6.2% to $492.8 million, while net income attributable to Copart decreased 9.5% to $350.7 million.Technical Weakness D ...

Market Overview - U.S. stock futures rose on Friday after a decline on Thursday, with all major benchmark indices showing positive futures [1] - Wall Street is anticipating the release of fourth-quarter GDP data and the Federal Reserve's preferred inflation gauge, the Personal Consumption Expenditure Price Index [1] Treasury Bonds - The 10-year Treasury bond yielded 4.07%, while the two-year bond was at 3.47% [2] - The CME Group's FedWatch tool indicates a 94% likelihood that the Federal Reserve will keep interest rates unchanged in March [2] Index Performance - Dow Jones increased by 0.26%, S&P 500 by 0.37%, Nasdaq 100 by 0.47%, and Russell 2000 by 0.34% [3] Company Performance - Copart Inc. (NASDAQ: CPRT) dropped 6.64% after reporting quarterly earnings of 36 cents per share, missing the consensus estimate of 40 cents [6] - Comfort Systems USA Inc. (NYSE: FIX) rose 4.57% after better-than-expected fourth-quarter results and an increase in its quarterly dividend [6] - Candel Therapeutics Inc. (NASDAQ: CADL) declined 12.27% following the announcement of a $100 million public stock offering [7] Sector Insights - Utilities led gains with a 1.13% increase, while Financials experienced the steepest decline, dropping 0.86% [8] Analyst Insights - Scott Wren from Wells Fargo Investment Institute has upgraded the GDP growth forecast to 2.9% from 2.4%, maintaining a bullish outlook on the U.S. economy [9] - Wren recommends focusing on sectors sensitive to growth, specifically Financials and Industrials, which are expected to benefit from AI infrastructure developments [10] - Wren views market pullbacks as opportunities to invest in large- and mid-cap domestic equities rather than retreating into defensive assets [10] Upcoming Economic Data - Key economic data to be released includes fourth-quarter GDP, personal income, spending, and PCE data, along with February's S&P flash U.S. services and manufacturing PMI [13]

At the same time, Copart reiterated that total loss frequency continues to rise over the long term. Liaw cited U.S. total loss frequency of 24.2% in the fourth quarter of calendar 2025, up 10 basis points from a year earlier despite the prior-year period including hurricanes Helene and Milton. He also contrasted total loss frequency in 2015 (15.6%) with calendar 2025 (23.1%).Management attributed the volume pressure to several factors discussed on prior calls, including shifts in policies in force and expos ...

Copart (NasdaqGS:CPRT) Q2 2026 Earnings call February 19, 2026 05:30 PM ET Company ParticipantsJeff Liaw - CEOLeah Stearns - CFOConference Call ParticipantsBob Labick - Equity Research AnalystBret Jordan - Equity Research AnalystCraig Kennison - Equity Research AnalystJash Patwa - Equity Research AnalystJeff Lick - Equity Research AnalystJohn Healy - Equity Research AnalystOperatorGood day, everyone, and welcome to the Copart Incorporated second quarter fiscal 2026 earnings call. Just a reminder, today's co ...

Copart (NasdaqGS:CPRT) Q2 2026 Earnings call February 19, 2026 05:30 PM ET Company ParticipantsJeff Liaw - CEOLeah Stearns - CFOConference Call ParticipantsBob Labick - Equity Research AnalystBret Jordan - Equity Research AnalystCraig Kennison - Equity Research AnalystJash Patwa - Equity Research AnalystJeff Lick - Equity Research AnalystJohn Healy - Equity Research AnalystOperatorGood day, everyone, and welcome to the Copart Incorporated second quarter fiscal 2026 earnings call. Just a reminder, today's co ...