CPRT Stock Recent News
CPRT LATEST HEADLINES
Here is how Copart, Inc. (CPRT) and Direct Digital Holdings, Inc. (DRCT) have performed compared to their sector so far this year.
Copart, Inc. (CPRT) has been upgraded to a Zacks Rank #1 (Strong Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.
The Zacks Rank offers investors a way to easily find top-rated stocks and build a winning investment portfolio. Here's why you should take advantage.
This online auto giant has seen steady increases in EPS over the last year.
Does Copart, Inc. (CPRT) have what it takes to be a top stock pick for momentum investors? Let's find out.
Copart (CPRT) is likely to gain from its leadership position in the automotive auction market, elevated salvage auction volumes, and AVK and Vincent Auto Solutions' buyouts.
Copart has experienced significant growth in the last decade, with more than a 1000% increase in stock returns and a 300% expansion in topline. The company's moat, built through its online and physical presence, and the services it offers its customers are difficult to replicate and provide a big competitive advantage. Copart's consistent growth, high return on invested capital, and strong financial position along with a bright future that comes with EV dominated world could be the justifications behind its valuation.
Copart's (CPRT) fiscal first-quarter 2024 earnings beat estimates and also rise year over year, primarily on robust service revenues.
Copart, Inc. (NASDAQ:CPRT ) Q1 2024 Earnings Conference Call November 16, 2023 5:30 PM ET Company Participants Jeff Liaw - Co-Chief Executive Officer Leah Stearns - Chief Financial Officer Conference Call Participants Bob Labick - CJS Securities Craig Kennison - Baird Daniel Imbro - Stephens Bret Jordan - Jefferies John Healy - Northcoast Research Chris Bottiglieri - BNP Paribas Ryan Brinkman - JP Morgan Operator Good day, everyone, and welcome to the Copart Incorporated First Quarter Fiscal 2024 Earnings Call. Just a reminder, today's conference is being recorded.
Copart, Inc. (CPRT) came out with quarterly earnings of $0.34 per share, beating the Zacks Consensus Estimate of $0.32 per share. This compares to earnings of $0.26 per share a year ago.