The stock of Copart, Inc (NASDAQ:CPRT) last traded at $54.41, up 0.28% from the previous session.
CPRT stock price is now -5.26% away from the 50-day moving average and -0.97% away from the 200-day moving average. The market capitalization of the company currently stands at $52.57B.
Top 5 Artificial Intelligence Stocks to Buy for 2024
By now, you're well aware of the artificial intelligence boom. You know Big Tech has been investing billions of dollars into it.
According to Next Move Strategy Consulting, the AI market – currently valued at about $100 billion – cold grow twenty-fold by 2030 to more than $2 trillion. That means you may want to strongly consider these top AI stocks. Get our free report, "Top 5 AI Stocks to Buy in 2024."
Click here to automatically get the our FREE Report & Special Offer "5 Best AI Stocks to Invest In"
Sponsored
On December 04, 2023, HSBC Securities recently initiated its ‘Hold’ rating on the stock quoting a target price of $51, while ‘Argus’ rates the stock as ‘Buy’
In other news, MEEKS JAMES E, Director bought 100,000 shares of the company’s stock on Feb 28 ’25. The stock was bought for $5,677,000 at an average price of $56.77. An SEC document containing details of the transaction can be found on the SEC’s website. On Jan 06 ’25, Director Englander Daniel J sold 235,480 shares of the business’s stock. A total of $13,384,683 was realized by selling the stock at an average price of $56.84. A total of 8.57% of the company’s stock is owned by insiders.
During the past 12 months, Copart, Inc has had a low of $48.05 and a high of $64.38. As of last week, the company has a debt-to-equity ratio of 0.01, a current ratio of 7.66, and a quick ratio of 7.57.
The net profit margin was 32.27% and return on equity was 19.28% for CPRT. The company reported revenue of $1.16 billion for the quarter, compared to $1.02 billion a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 14.03 percent.
