Does Copart, Inc (NASDAQ:CPRT) warrant a purchase right now? What to Consider Before Making a Decision

Copart, Inc (NASDAQ:CPRT) shares traded -1.40% lower at $52.30 on Wall Street last session.

CPRT stock price is now -7.87% away from the 50-day moving average and -4.74% away from the 200-day moving average. The market capitalization of the company currently stands at $50.53B.

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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. According to the stock market information, the enterprise value for the company is $46871384064, which is based on a 35.13 price-to-earnings ratio, a 2.35 price-to-earnings-growth ratio, and a beta of 1.25. The fifty day moving average price for CPRT is $56.7672 and a two-hundred day moving average price translates $54.90265 for the stock.

The latest earnings results from Copart, Inc (NASDAQ: CPRT) was released for 2025-01-31. 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. For the current quarter, analysts expect CPRT to generate $1.23B in revenue.

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