Copart (CPRT) Given Daily Media Sentiment Score of 0.16
News stories about Copart (NASDAQ:CPRT) have trended somewhat positive this week, according to Accern. Accern scores the sentiment of press 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 media sentiment score of 0.16 on Accern’s scale. Accern also assigned media stories about the business services provider an impact score of 47.1377285679885 out of 100, indicating that recent press coverage is somewhat unlikely to have an impact on the company’s share price in the next few days.
These are some of the news articles that may have effected Accern Sentiment Analysis’s scoring:
- ETFs with exposure to Copart, Inc. : November 30, 2017 (finance.yahoo.com)
- Auto Stock Roundup: Toyota Upgrades Safety Features, Thor & Copart Q1 Earnings Beat (finance.yahoo.com)
- Insider Selling: Copart, Inc. (CPRT) Director Sells 116,667 Shares of Stock (americanbankingnews.com)
- Copart, Inc. :CPRT-US: Earnings Analysis: Q1, 2018 By the Numbers : November 29, 2017 (finance.yahoo.com)
- Copart (CPRT) Q1 2018 Earnings Conference Call Transcript – Motley Fool (fool.com)
A number of analysts have recently commented on the company. Gabelli restated a “hold” rating on shares of Copart in a research report on Friday, November 24th. Robert W. Baird restated a “buy” rating and issued a $44.00 price objective on shares of Copart in a research report on Friday, November 24th. J P Morgan Chase & Co boosted their price objective on Copart from $35.00 to $41.00 and gave the company a “neutral” rating in a research report on Friday, November 24th. Jefferies Group boosted their price objective on Copart to $40.00 and gave the company a “hold” rating in a research report on Thursday, November 23rd. Finally, Zacks Investment Research upgraded Copart from a “hold” rating to a “buy” rating and set a $40.00 price objective for the company in a research report on Tuesday, November 21st. Four equities research analysts have rated the stock with a hold rating and three have given a buy rating to the company’s stock. The company has a consensus rating of “Hold” and a consensus price target of $41.40.
Copart (NASDAQ CPRT) traded down $0.15 during trading on Friday, hitting $43.01. The stock had a trading volume of 1,567,551 shares, compared to its average volume of 1,098,979. The stock has a market capitalization of $9,666.19, a PE ratio of 31.19, a PEG ratio of 1.38 and a beta of 1.24. Copart has a 1-year low of $27.06 and a 1-year high of $43.39. The company has a debt-to-equity ratio of 0.46, a current ratio of 2.26 and a quick ratio of 1.91.
Copart (NASDAQ:CPRT) last issued its quarterly earnings results on Tuesday, November 21st. The business services provider reported $0.33 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of $0.27 by $0.06. Copart had a return on equity of 29.96% and a net margin of 20.01%. The firm had revenue of $419.17 million during the quarter, compared to analysts’ expectations of $377.37 million. During the same period in the previous year, the business earned $0.29 earnings per share. equities analysts forecast that Copart will post 1.5 EPS for the current fiscal year.
In related news, Director James E. Meeks sold 160,000 shares of the business’s stock in a transaction that occurred on Friday, September 29th. The stock was sold at an average price of $34.33, for a total transaction of $5,492,800.00. Following the completion of the sale, the director now directly owns 3,500 shares in the company, valued at $120,155. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, President Vincent W. Mitz sold 200,000 shares of the business’s stock in a transaction that occurred on Thursday, September 28th. The stock was sold at an average price of $34.32, for a total value of $6,864,000.00. Following the sale, the president now owns 47,660 shares of the company’s stock, valued at $1,635,691.20. The disclosure for this sale can be found here. Insiders have sold 476,667 shares of company stock valued at $17,252,147 over the last quarter. 16.40% of the stock is owned by company insiders.
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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