Copart (NASDAQ:CPRT) will be announcing its earnings results after the market closes on Monday, February 19th. Analysts expect the company to announce earnings of $0.34 per share for the quarter.
Copart (NASDAQ:CPRT) last released its quarterly earnings results on Tuesday, November 21st. The business services provider reported $0.33 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $0.27 by $0.06. The company had revenue of $419.17 million for the quarter, compared to the consensus estimate of $377.37 million. Copart had a net margin of 20.01% and a return on equity of 29.96%. During the same quarter in the prior year, the firm earned $0.29 earnings per share. On average, analysts expect Copart to post $2 EPS for the current fiscal year and $2 EPS for the next fiscal year.
Shares of Copart (CPRT) opened at $41.54 on Monday. The stock has a market cap of $9,610.00, a price-to-earnings ratio of 32.45, a P/E/G ratio of 1.35 and a beta of 1.12. The company has a debt-to-equity ratio of 0.46, a quick ratio of 2.23 and a current ratio of 2.26. Copart has a 12 month low of $28.44 and a 12 month high of $46.09.
In other news, Director Daniel J. Englander sold 68,004 shares of the stock in a transaction on Wednesday, January 3rd. The shares were sold at an average price of $43.38, for a total value of $2,950,013.52. The sale was disclosed in a filing with the SEC, which is available at this link. Also, Director Matt Blunt sold 116,667 shares of the stock in a transaction on Tuesday, November 28th. The shares were sold at an average price of $41.96, for a total transaction of $4,895,347.32. The disclosure for this sale can be found here. Corporate insiders own 16.40% of the company’s stock.
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Copart Company Profile
Copart, Inc (Copart) 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 also provides vehicle remarketing services in Germany. The Company operates through two segments: United States and International.
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