Copart (CPRT) Receiving Somewhat Positive Media Coverage, Accern Reports

Press coverage about Copart (NASDAQ:CPRT) has been trending somewhat positive this week, Accern Sentiment Analysis reports. The research group identifies positive and negative news coverage by reviewing more than twenty million blog and news sources in real-time. Accern ranks coverage of companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Copart earned a daily sentiment score of 0.13 on Accern’s scale. Accern also gave press coverage about the business services provider an impact score of 46.3192159157979 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the stock’s share price in the near future.

Shares of Copart (NASDAQ CPRT) opened at $41.74 on Thursday. The stock has a market cap of $9,659.25, a PE ratio of 31.16, a PEG ratio of 1.36 and a beta of 1.12. The company has a debt-to-equity ratio of 0.46, a current ratio of 2.26 and a quick ratio of 2.23. Copart has a 12 month low of $28.17 and a 12 month high of $46.09.

Copart (NASDAQ:CPRT) last issued its earnings results on Tuesday, November 21st. The business services provider reported $0.33 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.27 by $0.06. The business had revenue of $419.17 million for the quarter, compared to analyst estimates 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 business posted $0.29 EPS. sell-side analysts forecast that Copart will post 1.52 earnings per share for the current year.

A number of equities analysts have commented on the stock. BidaskClub lowered shares of Copart from a “hold” rating to a “sell” rating in a report on Wednesday, January 31st. Zacks Investment Research lowered shares of Copart from a “buy” rating to a “hold” rating in a report on Tuesday, January 30th. JPMorgan Chase & Co. boosted their price objective on shares of Copart from $35.00 to $41.00 and gave the stock a “neutral” rating in a report on Friday, November 24th. Jefferies Group boosted their price objective on shares of Copart to $40.00 and gave the stock a “hold” rating in a report on Thursday, November 23rd. Finally, Robert W. Baird reiterated a “buy” rating and issued a $46.00 price objective on shares of Copart in a report on Friday, December 22nd. One investment analyst has rated the stock with a sell rating, six have given a hold rating and two have assigned a buy rating to the company. Copart currently has a consensus rating of “Hold” and an average price target of $43.00.

In other news, Director Daniel J. Englander sold 68,004 shares of the company’s stock in a transaction dated 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 document filed with the SEC, which is accessible through the SEC website. Also, Director Matt Blunt sold 116,667 shares of the company’s stock in a transaction dated 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.

ILLEGAL ACTIVITY NOTICE: This report was first reported by Community Financial News and is the property of of Community Financial News. If you are accessing this report on another website, it was copied illegally and reposted in violation of US & international trademark & copyright legislation. The original version of this report can be accessed at https://www.com-unik.info/2018/02/08/copart-cprt-receiving-somewhat-positive-media-coverage-accern-reports.html.

About Copart

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.

Insider Buying and Selling by Quarter for Copart (NASDAQ:CPRT)

Receive News & Ratings for Copart Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Copart and related companies with MarketBeat.com's FREE daily email newsletter.

Comments

Leave a Reply


share news on Facebook
tweet this investment news
share on linkedin
share on StockTwits
share on Google Plus
share on reddit