Copart, Inc. has recently experienced significant changes in its stock ownership with several firms making noteworthy investments or reductions. Diversify Advisory Services LLC, PineStone Asset Management Inc., and Edgestream Partners L.P. have all expanded their holdings while M&T Bank Corp and DekaBank Deutsche Girozentrale have reduced theirs. Despite Quarterly Results announcements causing a dip, the firm's resilience is evident as analysts maintain positive views. However, concerns over missed sales estimates and margin pressures persist. Key players like JPMorgan have kept neutral ratings but lowered price targets. Still, the company shows revenue growth despite market challenges, garnering attention as a potential counter-cyclical stock. Revenue and profit have surged, making some see Copart as a lucrative investment. CEO Liaw's sale of $1.1 million of shares has raised some eyebrows, but the company's overall strong fundamentals remain. The resilience of their business model may allow Copart to recover from any dips and continue to provide returns for their investors.
Copart CPRT News Analytics from Fri, 22 Nov 2024 08:00:00 GMT to Sat, 19 Jul 2025 12:15:20 GMT -
Rating 8
- Innovation 7
- Information 6
- Rumor -6
