abrdn plc has a significant $14.45 million stake in
Copart, Inc. (NASDAQ:CPRT), while
Trilogy Capital Inc. and
SYM FINANCIAL Corp also purchased shares. However,
GHP Investment Advisors Inc., Conestoga Capital Advisors LLC and several others sold their shares.
Copart recently released its
Fourth Quarter Fiscal 2024 Financial Results, with strong unit volumes driving growth. The company's stock has seen minor percentage moves and gathered interest from Wall Street analysts.
Copart Q1 revenue saw a jump of 12.4% reaching $1.15 billion, with EPS at $0.37. Furthermore, the company has managed to outperform the Industrials Sector and has seen improved relative strength. However, some issues have been reported with the capital allocation by Copart. Despite missing Q4 earnings estimates and a decline in short interest, shares of Copart Inc (NASDAQ: CPRT) are showing potential growth, backed by strong Q1 2025 earnings. Despite significant stock trades by company directors, some market experts, including Jim Cramer see potential in Copart, predicting the stock price could reach $70.
Copart CPRT News Analytics from Wed, 24 Apr 2024 07:00:00 GMT to Sat, 08 Feb 2025 09:04:21 GMT -
Rating 7
- Innovation 6
- Information 8
- Rumor 2
