Argus initiated coverage on Copart with a new price target
$CPRT
Retail-Auto Dealers and Gas Stations
Consumer Discretionary
Argus initiated coverage of Copart with a rating of Buy and set a new price target of $53.00
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| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 2/27/2024 | $48.00 | Neutral | JP Morgan |
| 12/4/2023 | $51.00 | Hold | HSBC Securities |
| 9/8/2023 | $53.00 | Buy | Argus |
| 5/1/2023 | Buy → Neutral | Northcoast |
Copart (NASDAQ:CPRT) has outperformed the market over the past 20 years by 11.48% on an annualized basis producing an average annual return of 19.87%. Currently, Copart has a market capitalization of $49.99 billion. Buying $100 In CPRT: If an investor had bought $100 of CPRT stock 20 years ago, it would be worth $3,831.81 today based on a price of $51.95 for CPRT at the time of writing. Copart's Performance Over Last 20 Years Finally -- what's the point of all this? The key insight to take from this article is to note how much of a difference compounded returns can make in your cash growth over a period of time. This article was generated by Benzinga's automated content engine and reviewe
Copart's (NYSE:CPRT) short percent of float has risen 10.17% since its last report. The company recently reported that it has 15.13 million shares sold short, which is 1.95% of all regular shares that are available for trading. Based on its trading volume, it would take traders 2.4 days to cover their short positions on average. Why Short Interest Matters Short interest is the number of shares that have been sold short but have not yet been covered or closed out. Short selling is when a trader sells shares of a company they do not own, with the hope that the price will fall. Traders make money from short selling if the price of the stock falls and they lose if it rises. Short interest is imp
Copart (NASDAQ:CPRT) has outperformed the market over the past 20 years by 11.09% on an annualized basis producing an average annual return of 19.55%. Currently, Copart has a market capitalization of $52.22 billion. Buying $100 In CPRT: If an investor had bought $100 of CPRT stock 20 years ago, it would be worth $3,506.30 today based on a price of $54.27 for CPRT at the time of writing. Copart's Performance Over Last 20 Years Finally -- what's the point of all this? The key insight to take from this article is to note how much of a difference compounded returns can make in your cash growth over a period of time. This article was generated by Benzinga's automated content engine and reviewe
8-K - COPART INC (0000900075) (Filer)
DEFA14A - COPART INC (0000900075) (Filer)
DEF 14A - COPART INC (0000900075) (Filer)
4 - COPART INC (0000900075) (Issuer)
4 - COPART INC (0000900075) (Issuer)
4 - COPART INC (0000900075) (Issuer)
SC 13G/A - COPART INC (0000900075) (Subject)
SC 13G/A - COPART INC (0000900075) (Subject)
SC 13G/A - COPART INC (0000900075) (Subject)
Copart, Inc. (NASDAQ:CPRT) today reported financial results for the quarter ended October 31, 2024. For the three months ended October 31, 2024, revenue, gross profit, and net income attributable to Copart, Inc. were $1.15 billion, $512.1 million, and $362.1 million, respectively. These represent an increase in revenue of $126.4 million, or 12.4%; an increase in gross profit of $48.1 million, or 10.4%; and an increase in net income attributable to Copart, Inc. of $29.6 million, or 8.9%, respectively, from the same period last year. Fully diluted earnings per share for three months ended October 31, 2024 was $0.37 compared to $0.34 last year, an increase of 8.8%. On Thursday, November 21
Copart, Inc. (NASDAQ:CPRT) announced today that it will release earnings for the first quarter of fiscal 2025 after 4:00 p.m. Eastern Time (3:00 p.m. Central) on Thursday, November 21, 2024. On Thursday, November 21, 2024, at 5:30 p.m. Eastern Time (4:30 p.m. Central), Copart will conduct a conference call to discuss the results for the quarter. The call will be webcast live and available for access by clicking "Listen Here" at www.copart.com/investorrelations. A replay of the call will be available through February 2025 at www.copart.com/investorrelations. About Copart Founded in 1982, Copart is a global leader in online vehicle auctions. Copart's innovative technology and online auc
Copart, Inc. (NASDAQ:CPRT) today reported financial results for the quarter and year ended July 31, 2024. For the three months ended July 31, 2024, revenue, gross profit, and net income attributable to Copart, Inc. were $1.1 billion, $454 million, and $323 million, respectively. These represent an increase in revenue of $71.4 million, or 7.2%; a decrease in gross profit of $(4.0) million, or (0.9)%; and a decrease in net income attributable to Copart, Inc. of $(25.2) million, or (7.3)%, respectively, from the same period last year. Fully diluted earnings per share for the three months ended July 31, 2024 was $0.33 compared to $0.36 last year, a decrease of (8.3)%. For the year ended Jul
Copart, Inc. (NASDAQ:CPRT) today reported financial results for the quarter ended October 31, 2024. For the three months ended October 31, 2024, revenue, gross profit, and net income attributable to Copart, Inc. were $1.15 billion, $512.1 million, and $362.1 million, respectively. These represent an increase in revenue of $126.4 million, or 12.4%; an increase in gross profit of $48.1 million, or 10.4%; and an increase in net income attributable to Copart, Inc. of $29.6 million, or 8.9%, respectively, from the same period last year. Fully diluted earnings per share for three months ended October 31, 2024 was $0.37 compared to $0.34 last year, an increase of 8.8%. On Thursday, November 21
Copart, Inc. (NASDAQ:CPRT) announced today that it will release earnings for the first quarter of fiscal 2025 after 4:00 p.m. Eastern Time (3:00 p.m. Central) on Thursday, November 21, 2024. On Thursday, November 21, 2024, at 5:30 p.m. Eastern Time (4:30 p.m. Central), Copart will conduct a conference call to discuss the results for the quarter. The call will be webcast live and available for access by clicking "Listen Here" at www.copart.com/investorrelations. A replay of the call will be available through February 2025 at www.copart.com/investorrelations. About Copart Founded in 1982, Copart is a global leader in online vehicle auctions. Copart's innovative technology and online auc
Copart, Inc. (NASDAQ:CPRT) today reported financial results for the quarter and year ended July 31, 2024. For the three months ended July 31, 2024, revenue, gross profit, and net income attributable to Copart, Inc. were $1.1 billion, $454 million, and $323 million, respectively. These represent an increase in revenue of $71.4 million, or 7.2%; a decrease in gross profit of $(4.0) million, or (0.9)%; and a decrease in net income attributable to Copart, Inc. of $(25.2) million, or (7.3)%, respectively, from the same period last year. Fully diluted earnings per share for the three months ended July 31, 2024 was $0.33 compared to $0.36 last year, a decrease of (8.3)%. For the year ended Jul
JP Morgan resumed coverage of Copart with a rating of Neutral and set a new price target of $48.00
HSBC Securities initiated coverage of Copart with a rating of Hold and set a new price target of $51.00
Argus initiated coverage of Copart with a rating of Buy and set a new price target of $53.00
DALLAS, March 11, 2024 /PRNewswire/ -- Copart, Inc. (NASDAQ:CPRT) today announced that its Board of Directors has appointed Jeff Liaw as the company's sole Chief Executive Officer (CEO) and as a member of the Board of Directors. Mr. Liaw has been serving as Co-CEO since March 2022. In addition, Jay Adair, who served as the Company's CEO from February 2010 to February 2022 and as Co-CEO along with Mr. Liaw since March 2022 will step down from that role. In addition, the Board of Directors has appointed Mr. Adair as Executive Chairman, and he will remain an active executive officer of the company in that capacity. The above changes are effective April 1, 2024. Mr. Liaw joined Copart in 2016 a
DALLAS, Jan. 15, 2024 /PRNewswire/ -- Copart, Inc. (NASDAQ:CPRT) is pleased to announce the appointment of three new members to its senior executive leadership team: Chief Marketing Officer (CMO) David (Dave) Kang, Chief Product Officer (CPO) Neel Madhvani, and Chief Operating Officer (COO) Hessel Verhage. Stephen (Steve) Powers, who has served as COO since October 2020, has assumed the role of Chief Business Development Officer (CBDO). All four executives will work from Copart's global headquarters in Dallas, Texas and will report to Copart Co-CEO Jeff Liaw. Steve Powers, Chief Business Development Officer Steve leads Copart's real estate acquisition and facility development teams, as well
DALLAS, Dec. 3, 2022 /PRNewswire/ -- Copart, inc. (NASDAQ:CPRT) announced the addition of two new members to its leadership team today: Chief Financial Officer Leah Stearns and Chief Legal Officer Paul Kirkpatrick. Leah Stearns, Chief Financial OfficerLeah will lead Copart's finance and accounting functions to help enable the company's continuing profitable growth. She is a seasoned Fortune 500 executive, serving most recently as chief financial officer of CBRE, a global leader in commercial real estate services and investments, and previously in financial and operational lead