$0.25 EPS Expected for Copart, Inc. (CPRT)

November 19, 2017 - By Clifton Ray

 $0.25 EPS Expected for Copart, Inc. (CPRT)
Investors sentiment increased to 9.26 in Q2 2017. Its up 8.06, from 1.2 in 2017Q1. It improved, as 23 investors sold Copart, Inc. shares while 8 reduced holdings. 51 funds opened positions while 236 raised stakes. 337.64 million shares or 298.34% more from 84.76 million shares in 2017Q1 were reported.
Timber Hill Ltd Liability accumulated 6,345 shares. Public Employees Retirement Systems Of Ohio holds 0.09% or 492,911 shares in its portfolio. Gradient Ltd Liability Co holds 2 shares. Mig Limited Liability Corp accumulated 1.27 million shares or 6.17% of the stock. Schwartz Inv Counsel holds 0.92% or 450,000 shares. Chatham Cap Grp Inc Inc reported 93,890 shares. Redmond Asset Mngmt Ltd Liability stated it has 153,290 shares or 2.29% of all its holdings. Cambridge Inv Rech Advsr Incorporated has 0% invested in Copart, Inc. (NASDAQ:CPRT) for 6,293 shares. Jlb & Assoc, a Michigan-based fund reported 302,722 shares. Tiaa Cref Invest Management Ltd Llc stated it has 1.89M shares. Moreover, Clearbridge Invs Limited Liability Co has 0.12% invested in Copart, Inc. (NASDAQ:CPRT). Whittier holds 0.08% or 61,727 shares in its portfolio. State Of Tennessee Treasury Department invested in 0.01% or 37,600 shares. Independent Portfolio Consultants Incorporated holds 2,289 shares or 0.03% of its portfolio. Intl Gru Inc invested 0.05% of its portfolio in Copart, Inc. (NASDAQ:CPRT).

Analysts await Copart, Inc. (NASDAQ:CPRT) to report earnings on November, 20. They expect $0.25 EPS, down 10.71 % or $0.03 from last year’s $0.28 per share. CPRT’s profit will be $57.81M for 35.55 P/E if the $0.25 EPS becomes a reality. After $0.35 actual EPS reported by Copart, Inc. for the previous quarter, Wall Street now forecasts -28.57 % negative EPS growth. The stock decreased 1.09% or $0.39 on November 17, reaching $35.55. About 1.29M shares traded or 39.38% up from the average. Copart, Inc. (NASDAQ:CPRT) has risen 37.41% since November 19, 2016 and is uptrending. It has outperformed by 20.71% the S&P500.

Copart, Inc. (NASDAQ:CPRT) Ratings Coverage

Among 9 analysts covering Copart (NASDAQ:CPRT), 2 have Buy rating, 0 Sell and 7 Hold. Therefore 22% are positive. Copart has $63 highest and $33.0 lowest target. $47.20’s average target is 32.77% above currents $35.55 stock price. Copart had 19 analyst reports since January 15, 2016 according to SRatingsIntel. The stock of Copart, Inc. (NASDAQ:CPRT) earned “Hold” rating by Jefferies on Friday, May 26. Jefferies maintained Copart, Inc. (NASDAQ:CPRT) on Wednesday, October 18 with “Hold” rating. Robert W. Baird maintained Copart, Inc. (NASDAQ:CPRT) rating on Thursday, September 21. Robert W. Baird has “Outperform” rating and $37 target. The stock of Copart, Inc. (NASDAQ:CPRT) earned “Buy” rating by Robert W. Baird on Tuesday, October 31. As per Monday, March 21, the company rating was downgraded by Bank of America. CL King upgraded Copart, Inc. (NASDAQ:CPRT) on Thursday, February 25 to “Neutral” rating. On Friday, September 23 the stock rating was upgraded by Bank of America to “Buy”. The firm earned “Hold” rating on Thursday, September 22 by Jefferies. Jefferies maintained Copart, Inc. (NASDAQ:CPRT) on Wednesday, August 9 with “Hold” rating. The firm has “Neutral” rating given on Friday, August 26 by Susquehanna.

Copart, Inc. is a provider of online auctions and vehicle remarketing services in the United States, Canada, the United Kingdom, the United Arab Emirates, Oman, Bahrain, Brazil, Ireland, Spain and India. The company has market cap of $8.22 billion. The Firm also provides vehicle remarketing services in Germany. It has a 21.39 P/E ratio. The Firm operates through two divisions: United States and International.

Another recent and important Copart, Inc. (NASDAQ:CPRT) news was published by Prnewswire.com which published an article titled: “Initiating Research Reports on Auto Dealerships Equities — Copart, AutoNation …” on November 10, 2017.

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