Poised For Outsized Growth – Copart, Inc. (CPRT)

    FRANKLIN WILLIAM E, Executive Vice President, subtracted 8,993 shares of Copart, Inc. (CPRT) from its portfolio at the rate of $75.01 per share valuing $674,563 on Jun 10. The insider left behind 17,967 shares of the company to its portfolio. Before making a move on any particular stock, readers often pay close attention to support and resistance markers. The last reported price for shares of Copart, Inc. (CPRT) was $74.77. Currently, the 1st Resistance Point for this stock is $75.09, with a 2nd Resistance Point sitting at $75.42. Meanwhile, this company’s stock has a 1st Support Level at $74.34 and a 2nd Support Level at $73.92. Copart, Inc. (CPRT) stock has gained $1.03, or 1.40%, in the past five days. In the last full month, these shares have gained $9.54, or 14.63%. In the past three months, this stock’s price has risen by $15.10, or 25.31%. This year-to-date, Copart, Inc. (CPRT) shares have gained $26.99, or 56.49%.

    Analyzing price projection indicators is a helpful way to determine whether a potential stock buy is a wise choice for profits in the short term, medium term, and long term. For Copart, Inc. (CPRT) stock, 80% of short-term indicators suggest that these shares are a “ Buy .” Meanwhile, 100% of medium-term indicators point to this stock being a “ Buy .” Looking further ahead, 100% of long-term indicators suggest that this stock is a “ Buy .”

    With 229,113 K shares outstanding, this company currently has a market capitalization of $17,135,362K. Copart, Inc. (CPRT) generates $1,806 M in annual sales, amounting to annual net income of $417,870 K. This stock has generated a 1-Year Total Return of 29.58%, a 3-Year Total Return of 207.76%, and a 5-year Total Return of 326.28%. This stock’s 5-Year Dividend Growth is 0.00%. Its Annual Dividend Yield is 0.00%, and its Annual Dividend Rate is 0.00.

    In the most recently-reported fiscal quarter, which ended in Apr-19, Copart, Inc. (CPRT) reported earnings of $0.66 per share. Wall Street analysts, on average, were expecting the company to report earnings of $0.62 per share, representing a 0.04 difference and 6.26% surprise. In the previous quarter ending in Jan-19, the reported earnings of $0.52 represented a 0.01 difference from the consensus estimate calling for $0.51 per share, which was a 1.90% surprise.

    For the current fiscal quarter, which is set to end in 07/2019, the average earnings estimate is $0.56 per share. This estimate came from a total of 6 Wall Street Analysts. Of those market experts, the high estimate was $0.58 and the low estimate was $0.53. In the year-ago quarter, Copart, Inc. (CPRT) generated per-share earnings of $0.42. If the analysts are correct about the current quarter’s earnings, the growth will be +33.33% .

    Turning our focus now to insider trading activity, there have been 4 purchases (158,993 shares in total) and 3 sale (158,993 shares in total) in the last 3 months. In the last 6 months, there have been 6 insider buys amounting to 378,993 shares and 5 insider sales amounting to 378,993 shares. In the past full year, 9 insider purchases were made (involving 578,993 shares) and 10 insider sell-offs equivalent to 2,617,993 shares.

    Moving onto liquidity, Copart, Inc. (CPRT) has a Current Ratio of 2.43, a Quick Ratio of 2.37 and a Cash Ratio of 0.99. Looking at this company’s capital structure, its Total Debt to Total Equity is 25.29, its Total Debt to Total Capital is 20.19, and its Total Debt to Total Assets is now 17.33. Looking even further ahead into the future, its Long-Term Debt to Equity is 25.22 and its Long-Term Debt to Total Capital is 20.13.