Copart (CPRT) to Release Earnings on Tuesday
Copart (NASDAQ:CPRT) will post its Q413 quarterly earnings results on Tuesday, September 24th. Analysts expect Copart to post earnings of $0.40 per share and revenue of $262.18 million for the quarter.
Shares of Copart (NASDAQ:CPRT) opened at 33.75 on Monday. Copart has a 52 week low of $26.35 and a 52 week high of $38.26. The stock’s 50-day moving average is $32.83 and its 200-day moving average is $33.38. The company has a market cap of $4.234 billion and a price-to-earnings ratio of 23.95.
CPRT has been the subject of a number of recent research reports. Analysts at Northcoast Research upgraded shares of Copart (NASDAQ:CPRT) from a “neutral” rating to a “buy” rating in a research note to investors on Friday, September 6th. On a related note, analysts at JPMorgan Chase & Co. raised their price target on shares of Copart (NASDAQ:CPRT) from $36.00 to $37.00 in a research note to investors on Friday, August 9th. They now have a “neutral” rating on the stock. Finally, analysts at Barrington Research upgraded shares of Copart (NASDAQ:CPRT) from a “market perform” rating to an “outperform” rating in a research note to investors on Wednesday, July 3rd.
Four research analysts have rated the stock with a hold rating and four have issued a buy rating to the stock. The stock presently has a consensus rating of “Buy” and an average price target of $36.33.
Copart, Inc (NASDAQ:CPRT), is a provider of online auctions and vehicle remarketing services in the United States, Canada and the United Kingdom.
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