Copart Inc (NASDAQ: CPRT) has reported E.P.S. of $0.35 for its first fiscal quarter (ending October 31) versus $1.04 for the same period a year ago — a decline of -66%. Relative to the consensus estimate of $0.32, this was a premium of $0.03. For the latest four quarters through October 31, E.P.S. were $1.38 compared to $4.53 a year ago — a decline of -69%.
Recent Price Action
Copart Inc (NASDAQ: CPRT) stock closed at $49.31 on 11/16/23 after a slight gain of 0.2%. The stock has risen 5.8% during the last week and has been exceptionally strong relative to the market over the last nine months.
Current PriceTarget Research Rating
CPRT is expected to continue to be an important Value Builder reflecting capital returns that are forecasted to exceed the cost of capital.
Copart has a current Value Trend Rating of B (Positive). The Value Trend Rating reflects very contradictory signals from PTR’s two proprietary measures of a stock’s attractiveness. Copart has a slightly negative Appreciation Score of 36 but a very high Power Rating of 94, resulting in the Positive Value Trend Rating.
Rating Review
In light of this new information and positive market action we are reviewing our current Overall Rating of B. This review will be completed in the next several days.
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