The market expects Copart, Inc. (CPRT) to deliver a year-over-year increase in earnings on higher revenues when it reports results for the quarter ended April 2024. This widely-known consensus outlook is important in assessing the company's earnings picture, but a powerful factor that might influence its near-term stock price is how the actual results compare to these estimates.The earnings report might help the stock move higher if these key numbers are better than expectations. On the other hand, if they ...

A lot of success in the market goes unseen. Certain stocks tend to get written about ad nauseum while others get no attention at all. A stock like electric vehicle maker Tesla (NASDAQ:TSLA) is down 43% on the year, and journalists and analysts on TV discuss it around the clock. At the same time, not a single analyst covers undervalued stocks like tow truck operator Miller Industries (NYSE:MLR) despite its share price being up nearly 50% in the past year. Stocks that are attached to celebrity CEOs and popula ...

Copart, Inc. (CPRT) ended the recent trading session at $56.55, demonstrating a +1.45% swing from the preceding day's closing price. This change outpaced the S&P 500's 1.11% gain on the day. Meanwhile, the Dow gained 0.8%, and the Nasdaq, a tech-heavy index, added 1.24%.Prior to today's trading, shares of the company had gained 0.96% over the past month. This has outpaced the Business Services sector's loss of 1.94% and the S&P 500's gain of 0.48% in that time.The investment community will be closely monito ...

When deciding whether to buy, sell, or hold a stock, investors often rely on analyst recommendations. Media reports about rating changes by these brokerage-firm-employed (or sell-side) analysts often influence a stock's price, but are they really important?Before we discuss the reliability of brokerage recommendations and how to use them to your advantage, let's see what these Wall Street heavyweights think about Copart, Inc. (CPRT) .Copart currently has an average brokerage recommendation (ABR) of 2.00, on ...

The recommendations of Wall Street analysts are often relied on by investors when deciding whether to buy, sell, or hold a stock. Media reports about these brokerage-firm-employed (or sell-side) analysts changing their ratings often affect a stock's price. Do they really matter, though?Let's take a look at what these Wall Street heavyweights have to say about Copart, Inc. (CPRT) before we discuss the reliability of brokerage recommendations and how to use them to your advantage.Copart, Inc. currently has an ...

Copart, Inc. (CPRT) has recently been on Zacks.com's list of the most searched stocks. Therefore, you might want to consider some of the key factors that could influence the stock's performance in the near future.Over the past month, shares of this company have returned +12.1%, compared to the Zacks S&P 500 composite's +3.2% change. During this period, the Zacks Auction and Valuation Services industry, which Copart, Inc. falls in, has gained 9.2%. The key question now is: What could be the stock's future di ...

Copart, Inc. (CPRT) has recently been on Zacks.com's list of the most searched stocks. Therefore, you might want to consider some of the key factors that could influence the stock's performance in the near future.Shares of this company have returned +10.5% over the past month versus the Zacks S&P 500 composite's +3.9% change. The Zacks Auction and Valuation Services industry, to which Copart, Inc. belongs, has gained 10.2% over this period. Now the key question is: Where could the stock be headed in the nea ...

When deciding whether to buy, sell, or hold a stock, investors often rely on analyst recommendations. Media reports about rating changes by these brokerage-firm-employed (or sell-side) analysts often influence a stock's price, but are they really important?Before we discuss the reliability of brokerage recommendations and how to use them to your advantage, let's see what these Wall Street heavyweights think about Copart, Inc. (CPRT) .Copart, Inc. currently has an average brokerage recommendation (ABR) of 1. ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q (Mark One) QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF ☒ 1934 For the quarterly period ended January 31, 2024 OR TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF ☐ 1934 For the transition period from to Commission file number: 000-23255 COPART, INC. (Exact name of registrant as specified in its charter) Delaware 000-23255 94-2867490 (State or other juris ...

Copart, Inc. (CPRT) reported second-quarter fiscal 2024 (ended Jan 31, 2024) adjusted earnings per share of 33 cents, missing the Zacks Consensus Estimate of 35 cents on lower-than-expected service revenues and vehicle sales. The bottom line, however, increased 6.4% year over year.The online auto auction leader generated revenues of $1.02 billion, missing the Zacks Consensus Estimate of $1.04 billion. The top line increased 6.6% from the year-ago reported figure.Key NumbersCPRT’s fiscal second-quarter servi ...