Copart (CPRT) Receives Daily News Sentiment Rating of 0.08
Press coverage about Copart (NASDAQ:CPRT) has trended somewhat positive on Friday, Accern Sentiment Analysis reports. Accern ranks the sentiment of news coverage by monitoring more than 20 million news and blog sources in real time. Accern ranks coverage of companies on a scale of negative one to one, with scores closest to one being the most favorable. Copart earned a media sentiment score of 0.08 on Accern’s scale. Accern also assigned news coverage about the business services provider an impact score of 46.4191038944537 out of 100, indicating that recent news coverage is somewhat unlikely to have an effect on the stock’s share price in the immediate future.
These are some of the media stories that may have impacted Accern Sentiment Analysis’s analysis:
- State Treasurer State of Michigan Purchases 42952 Shares of Copart, Inc. (CPRT) (footballhebdo.com)
- Teachers Advisors LLC Has $12.47 Million Stake in Copart, Inc. (NASDAQ:CPRT) (campdesrecrues.com)
- Copart, Inc. (CPRT) Position Up in Latest Report from Columbia Wanger Asset Management LLC Last Quarter (highlightpress.com)
CPRT has been the subject of several recent analyst reports. Jefferies Group LLC restated a “hold” rating and set a $30.00 price objective on shares of Copart in a research report on Tuesday, April 18th. Zacks Investment Research upgraded Copart from a “hold” rating to a “buy” rating and set a $34.00 price objective for the company in a research report on Tuesday, April 25th. One investment analyst has rated the stock with a sell rating, five have given a hold rating and one has assigned a buy rating to the company’s stock. Copart currently has an average rating of “Hold” and an average price target of $48.80.
Copart (CPRT) traded down 0.32% during trading on Friday, reaching $31.07. The company’s stock had a trading volume of 1,139,078 shares. The company has a market cap of $7.16 billion, a PE ratio of 17.93 and a beta of 1.22. Copart has a 52-week low of $28.89 and a 52-week high of $63.14. The stock has a 50-day moving average price of $31.35 and a 200 day moving average price of $41.95.
Copart (NASDAQ:CPRT) last posted its quarterly earnings data on Wednesday, May 24th. The business services provider reported $0.37 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.36 by $0.01. Copart had a return on equity of 33.20% and a net margin of 29.10%. The firm had revenue of $373.90 million during the quarter, compared to analysts’ expectations of $386.61 million. During the same period in the prior year, the business earned $0.64 EPS. The company’s revenue for the quarter was up 7.7% compared to the same quarter last year. On average, analysts expect that Copart will post $1.25 EPS for the current year.
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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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