Copart Inc. (CPRT): Is this the Most Sought-After Stock Today?

investchronicle 74

Copart Inc. kicked off the trading day on 10/09/19 with a price increase of 0.41%, equivalent to $0.33 relative change for the day. Taking a more long-term approach, CPRT had a 52-week range of $44.61 to $83.70. At the time of this article’s publishing, this stock is trading at $80.48 after starting the trading session at $80.65. At the time of writing, this stock’s 50-day Moving Average stands at $78.16, while the 200-day Moving Average of this stock is currently $66.99.

Currently, this company’s share volume is sitting at $1651020, but has maintained average daily volume of $1.34M. This stock has generated an average Year to Date volume of $1.34 million, alongside an average 20-day volume of $1.55 million. This publicly-traded company’s shares outstanding now amounts to $230.02 million, simultaneously with a float of $202.80 million. The organization now has a market capitalization sitting at $18.51 billion.

Copart Inc.(CPRT) Ownership Data

Now let’s turn our focus to how large-scale investors are behaving with this stock. Copart Inc.’s current insider ownership accounts for 12.91%, in contrast to 84.60% institutional ownership. According to the most recent latest insider trade that took place on Sep 09 this organization’s Chief Executive Officer exercised an option 4,000,000 at the rate of 17.81, making the entire transaction hit 71,240,000 in total value, affecting insider ownership by 4,000,000. Preceding that transaction, on Jul 15 Company’s Executive Vice President exercised an option 41,007 at a price of 10.28, making the whole transaction’s value amount to 421,552. This particular insider is now the holder of 58,974 in total.

If we take a glance at the Ownership summary of Copart Inc.’s stock, Institutional holders make up 84.60% of its total stock ownership. All together, they are the legal holders of 230.02M shares. If we focus on the top 3 stockholders for this publicly-traded organization, The Vanguard Group, Inc. owns 22,353,443 shares, with Kayne Anderson Rudnick Investment Management LLC in 2nd place owning 11,011,968 shares and BlackRock Fund Advisors in third place with total ownership of 10,572,280 shares.

Copart Inc. (CPRT) Earnings and Revenue Data

In the latest quarterly report that this company released, which was put into the public domain on 7/30/2019, the organization reported $0.6 earnings per share (EPS) for the three-month period, surpassing the consensus estimate (set at $0.58) by $0.02.

This company achieved a net margin of 28.98 while generating a return on equity of 36.48. Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.63 per share during the current fiscal year.

Copart Inc.’s EPS increase for this current 12-month fiscal period is 40.00%, and is forecasted to reach 2.95 in the upcoming year. Looking at the long run, market analysts have predicted that Company’s EPS will increase by 22.30% through the next 5 years, which can be compared against the 29.40% growth it accomplished over the previous five years trading on the market.

Additional Trading Performance Indicators

Now turning our attention to the current performance indicators for Copart Inc., this organization’s Quick Ratio in the last reported quarter now stands at 2.40. The company has managed to achieve an average true range (ATR) of 1.83. Alongside those, its PE Ratio stands at $32.57, and its Beta score is 0.81.

Another valuable indicator worth considering is a publicly-traded company’s price to sales ratio for trailing twelve months, which is currently 9.07 for this organization. Similarly, its price to free cash flow for trailing twelve months is now 67.88. Plus, this company’s price to book ratio for the last three-month fiscal period reported is 10.37, whereas its price to cash per share for the last quarter landed at 0.81.

In the same vein, CPRT’s Diluted EPS (Earnings per Share) trailing twelve months was posted at 2.47, a figure that is expected to reach 0.58 in the next reported quarter, and analysts expect it will be 2.95 at the market close of one year from today’s date.