ticker,date,open,high,low,close,news
CPRT,1994-03-17,0.28,0.31,0.27,0.3,
CPRT,1994-03-18,0.31,0.32,0.3,0.32,
CPRT,1994-03-21,0.32,0.33,0.31,0.32,
CPRT,1994-03-22,0.33,0.33,0.32,0.32,
CPRT,1994-03-23,0.32,0.32,0.31,0.32,
CPRT,1994-03-24,0.32,0.32,0.31,0.32,
CPRT,1994-03-25,0.32,0.33,0.31,0.33,
CPRT,1994-03-28,0.33,0.33,0.31,0.32,
CPRT,1994-03-29,0.32,0.32,0.3,0.3,
CPRT,1994-03-30,0.3,0.31,0.3,0.3,
CPRT,1994-03-31,0.3,0.3,0.28,0.29,
CPRT,1994-04-04,0.29,0.29,0.28,0.28,
CPRT,1994-04-05,0.28,0.29,0.28,0.29,
CPRT,1994-04-06,0.29,0.3,0.29,0.29,
CPRT,1994-04-07,0.3,0.31,0.3,0.31,
CPRT,1994-04-08,0.31,0.31,0.3,0.3,
CPRT,1994-04-11,0.31,0.31,0.3,0.31,
CPRT,1994-04-12,0.31,0.32,0.31,0.31,
CPRT,1994-04-13,0.31,0.31,0.3,0.31,
CPRT,1994-04-14,0.3,0.31,0.3,0.31,
CPRT,1994-04-15,0.3,0.3,0.3,0.3,
CPRT,1994-04-18,0.3,0.3,0.29,0.3,
CPRT,1994-04-19,0.3,0.3,0.29,0.3,
CPRT,1994-04-20,0.29,0.3,0.29,0.29,
CPRT,1994-04-21,0.29,0.29,0.29,0.29,
CPRT,1994-04-22,0.29,0.29,0.29,0.29,
CPRT,1994-04-25,0.29,0.3,0.29,0.29,
CPRT,1994-04-26,0.3,0.3,0.29,0.3,
CPRT,1994-04-28,0.31,0.31,0.3,0.3,
CPRT,1994-04-29,0.3,0.31,0.3,0.3,
CPRT,1994-05-02,0.31,0.31,0.31,0.31,
CPRT,1994-05-03,0.31,0.33,0.31,0.32,
CPRT,1994-05-04,0.32,0.33,0.32,0.33,
CPRT,1994-05-05,0.33,0.33,0.33,0.33,
CPRT,1994-05-06,0.33,0.33,0.32,0.33,
CPRT,1994-05-09,0.32,0.33,0.32,0.32,
CPRT,1994-05-10,0.33,0.33,0.32,0.33,
CPRT,1994-05-11,0.33,0.33,0.32,0.32,
CPRT,1994-05-12,0.32,0.33,0.32,0.32,
CPRT,1994-05-13,0.33,0.33,0.33,0.33,
CPRT,1994-05-16,0.32,0.33,0.32,0.32,
CPRT,1994-05-17,0.32,0.33,0.32,0.32,
CPRT,1994-05-18,0.33,0.33,0.32,0.32,
CPRT,1994-05-19,0.32,0.32,0.32,0.32,
CPRT,1994-05-20,0.32,0.33,0.32,0.32,
CPRT,1994-05-23,0.32,0.32,0.32,0.32,
CPRT,1994-05-24,0.32,0.32,0.32,0.32,
CPRT,1994-05-25,0.32,0.33,0.32,0.33,
CPRT,1994-05-26,0.33,0.33,0.32,0.32,
CPRT,1994-05-27,0.32,0.32,0.32,0.32,
CPRT,1994-05-31,0.33,0.33,0.32,0.33,
CPRT,1994-06-01,0.33,0.33,0.32,0.32,
CPRT,1994-06-02,0.32,0.34,0.32,0.34,
CPRT,1994-06-03,0.33,0.35,0.33,0.35,
CPRT,1994-06-06,0.35,0.35,0.35,0.35,
CPRT,1994-06-07,0.35,0.35,0.34,0.35,
CPRT,1994-06-08,0.35,0.35,0.34,0.34,
CPRT,1994-06-09,0.34,0.34,0.32,0.32,
CPRT,1994-06-10,0.32,0.32,0.31,0.32,
CPRT,1994-06-13,0.31,0.32,0.31,0.32,
CPRT,1994-06-14,0.32,0.33,0.32,0.32,
CPRT,1994-06-15,0.33,0.33,0.32,0.33,
CPRT,1994-06-16,0.32,0.33,0.32,0.33,
CPRT,1994-06-17,0.32,0.32,0.32,0.32,
CPRT,1994-06-20,0.33,0.33,0.33,0.33,
CPRT,1994-06-21,0.33,0.33,0.31,0.31,
CPRT,1994-06-22,0.3,0.31,0.3,0.31,
CPRT,1994-06-23,0.31,0.31,0.3,0.3,
CPRT,1994-06-24,0.3,0.3,0.29,0.3,
CPRT,1994-06-27,0.3,0.3,0.29,0.3,
CPRT,1994-06-28,0.3,0.31,0.29,0.31,
CPRT,1994-06-29,0.3,0.31,0.3,0.31,
CPRT,1994-06-30,0.31,0.32,0.31,0.32,
CPRT,1994-07-01,0.32,0.32,0.31,0.32,
CPRT,1994-07-05,0.32,0.32,0.31,0.31,
CPRT,1994-07-06,0.31,0.31,0.29,0.3,
CPRT,1994-07-07,0.3,0.3,0.3,0.3,
CPRT,1994-07-08,0.3,0.3,0.3,0.3,
CPRT,1994-07-11,0.29,0.3,0.29,0.3,
CPRT,1994-07-12,0.3,0.3,0.29,0.29,
CPRT,1994-07-13,0.29,0.31,0.29,0.31,
CPRT,1994-07-14,0.3,0.31,0.3,0.31,
CPRT,1994-07-15,0.3,0.31,0.3,0.31,
CPRT,1994-07-18,0.31,0.31,0.31,0.31,
CPRT,1994-07-19,0.3,0.31,0.3,0.31,
CPRT,1994-07-20,0.31,0.31,0.31,0.31,
CPRT,1994-07-21,0.31,0.31,0.31,0.31,
CPRT,1994-07-22,0.3,0.3,0.3,0.3,
CPRT,1994-07-25,0.3,0.3,0.3,0.3,
CPRT,1994-07-26,0.3,0.31,0.3,0.3,
CPRT,1994-07-27,0.31,0.31,0.3,0.3,
CPRT,1994-07-28,0.3,0.31,0.3,0.3,
CPRT,1994-07-29,0.3,0.3,0.3,0.3,
CPRT,1994-08-01,0.3,0.31,0.3,0.3,
CPRT,1994-08-02,0.3,0.3,0.3,0.3,
CPRT,1994-08-03,0.31,0.31,0.3,0.31,
CPRT,1994-08-04,0.31,0.31,0.3,0.3,
CPRT,1994-08-05,0.3,0.3,0.29,0.3,
CPRT,1994-08-08,0.29,0.3,0.29,0.3,
CPRT,1994-08-09,0.3,0.3,0.29,0.29,
CPRT,1994-08-10,0.29,0.3,0.29,0.29,
CPRT,1994-08-11,0.29,0.29,0.29,0.29,
CPRT,1994-08-12,0.29,0.3,0.29,0.3,
CPRT,1994-08-15,0.29,0.29,0.29,0.29,
CPRT,1994-08-16,0.29,0.3,0.29,0.29,
CPRT,1994-08-17,0.29,0.3,0.29,0.3,
CPRT,1994-08-18,0.3,0.31,0.3,0.3,
CPRT,1994-08-19,0.3,0.31,0.3,0.3,
CPRT,1994-08-22,0.3,0.31,0.3,0.3,
CPRT,1994-08-23,0.31,0.31,0.3,0.3,
CPRT,1994-08-24,0.31,0.31,0.3,0.3,
CPRT,1994-08-25,0.3,0.3,0.3,0.3,
CPRT,1994-08-26,0.3,0.3,0.3,0.3,
CPRT,1994-08-29,0.31,0.33,0.31,0.32,
CPRT,1994-08-30,0.33,0.33,0.31,0.32,
CPRT,1994-08-31,0.32,0.32,0.31,0.32,
CPRT,1994-09-01,0.32,0.32,0.32,0.32,
CPRT,1994-09-02,0.32,0.32,0.32,0.32,
CPRT,1994-09-06,0.31,0.32,0.31,0.32,
CPRT,1994-09-07,0.32,0.32,0.32,0.32,
CPRT,1994-09-08,0.31,0.31,0.31,0.31,
CPRT,1994-09-09,0.31,0.32,0.31,0.31,
CPRT,1994-09-12,0.32,0.32,0.32,0.32,
CPRT,1994-09-13,0.31,0.32,0.31,0.32,
CPRT,1994-09-14,0.31,0.31,0.31,0.31,
CPRT,1994-09-15,0.31,0.31,0.3,0.31,
CPRT,1994-09-16,0.31,0.31,0.3,0.31,
CPRT,1994-09-19,0.3,0.31,0.3,0.3,
CPRT,1994-09-20,0.31,0.31,0.3,0.3,
CPRT,1994-09-21,0.3,0.31,0.3,0.31,
CPRT,1994-09-22,0.3,0.31,0.3,0.31,
CPRT,1994-09-23,0.3,0.31,0.3,0.31,
CPRT,1994-09-26,0.31,0.31,0.3,0.3,
CPRT,1994-09-27,0.31,0.31,0.3,0.31,
CPRT,1994-09-28,0.31,0.32,0.31,0.32,
CPRT,1994-09-29,0.31,0.32,0.31,0.31,
CPRT,1994-09-30,0.32,0.33,0.32,0.33,
CPRT,1994-10-03,0.33,0.33,0.32,0.33,
CPRT,1994-10-04,0.33,0.33,0.32,0.32,
CPRT,1994-10-05,0.32,0.33,0.32,0.33,
CPRT,1994-10-06,0.32,0.32,0.32,0.32,
CPRT,1994-10-07,0.32,0.32,0.32,0.32,
CPRT,1994-10-10,0.32,0.32,0.32,0.32,
CPRT,1994-10-11,0.32,0.34,0.32,0.34,
CPRT,1994-10-12,0.34,0.34,0.33,0.34,
CPRT,1994-10-13,0.34,0.34,0.34,0.34,
CPRT,1994-10-14,0.34,0.34,0.34,0.34,
CPRT,1994-10-17,0.34,0.34,0.34,0.34,
CPRT,1994-10-18,0.34,0.34,0.34,0.34,
CPRT,1994-10-19,0.34,0.34,0.34,0.34,
CPRT,1994-10-20,0.34,0.35,0.34,0.35,
CPRT,1994-10-21,0.35,0.36,0.34,0.36,
CPRT,1994-10-24,0.36,0.36,0.36,0.36,
CPRT,1994-10-25,0.36,0.38,0.36,0.37,
CPRT,1994-10-26,0.37,0.38,0.36,0.38,
CPRT,1994-10-27,0.38,0.39,0.37,0.38,
CPRT,1994-10-28,0.39,0.39,0.38,0.38,
CPRT,1994-10-31,0.39,0.39,0.38,0.39,
CPRT,1994-11-01,0.39,0.39,0.38,0.39,
CPRT,1994-11-02,0.39,0.39,0.38,0.38,
CPRT,1994-11-03,0.37,0.38,0.36,0.37,
CPRT,1994-11-04,0.37,0.37,0.36,0.36,
CPRT,1994-11-07,0.36,0.36,0.35,0.36,
CPRT,1994-11-08,0.36,0.36,0.35,0.36,
CPRT,1994-11-09,0.37,0.37,0.36,0.36,
CPRT,1994-11-10,0.36,0.37,0.36,0.37,
CPRT,1994-11-11,0.36,0.37,0.36,0.37,
CPRT,1994-11-14,0.36,0.37,0.36,0.37,
CPRT,1994-11-15,0.36,0.37,0.36,0.37,
CPRT,1994-11-16,0.36,0.36,0.36,0.36,
CPRT,1994-11-17,0.36,0.36,0.36,0.36,
CPRT,1994-11-18,0.36,0.37,0.36,0.37,
CPRT,1994-11-21,0.37,0.37,0.37,0.37,
CPRT,1994-11-22,0.36,0.37,0.36,0.37,
CPRT,1994-11-23,0.36,0.36,0.35,0.36,
CPRT,1994-11-25,0.36,0.36,0.36,0.36,
CPRT,1994-11-28,0.36,0.36,0.35,0.36,
CPRT,1994-11-29,0.36,0.37,0.36,0.36,
CPRT,1994-11-30,0.37,0.37,0.35,0.36,
CPRT,1994-12-01,0.36,0.36,0.36,0.36,
CPRT,1994-12-02,0.36,0.36,0.35,0.36,
CPRT,1994-12-05,0.36,0.36,0.36,0.36,
CPRT,1994-12-06,0.35,0.36,0.35,0.36,
CPRT,1994-12-07,0.36,0.36,0.36,0.36,
CPRT,1994-12-08,0.36,0.36,0.35,0.35,
CPRT,1994-12-09,0.35,0.35,0.35,0.35,
CPRT,1994-12-12,0.35,0.35,0.35,0.35,
CPRT,1994-12-13,0.35,0.35,0.35,0.35,
CPRT,1994-12-14,0.35,0.35,0.35,0.35,
CPRT,1994-12-15,0.36,0.36,0.34,0.35,
CPRT,1994-12-16,0.35,0.35,0.34,0.35,
CPRT,1994-12-19,0.34,0.34,0.34,0.34,
CPRT,1994-12-20,0.33,0.33,0.32,0.32,
CPRT,1994-12-21,0.32,0.33,0.32,0.33,
CPRT,1994-12-22,0.33,0.33,0.32,0.33,
CPRT,1994-12-23,0.33,0.34,0.33,0.33,
CPRT,1994-12-27,0.34,0.34,0.34,0.34,
CPRT,1994-12-28,0.34,0.34,0.33,0.34,
CPRT,1994-12-29,0.34,0.35,0.33,0.35,
CPRT,1994-12-30,0.35,0.37,0.35,0.37,
CPRT,1995-01-03,0.37,0.38,0.36,0.36,
CPRT,1995-01-04,0.37,0.37,0.36,0.36,
CPRT,1995-01-05,0.37,0.37,0.36,0.36,
CPRT,1995-01-06,0.37,0.37,0.36,0.36,
CPRT,1995-01-09,0.36,0.36,0.35,0.36,
CPRT,1995-01-10,0.36,0.36,0.35,0.36,
CPRT,1995-01-11,0.36,0.36,0.35,0.35,
CPRT,1995-01-12,0.35,0.35,0.35,0.35,
CPRT,1995-01-13,0.35,0.35,0.35,0.35,
CPRT,1995-01-16,0.35,0.39,0.35,0.38,
CPRT,1995-01-17,0.39,0.41,0.38,0.4,
CPRT,1995-01-18,0.42,0.42,0.4,0.4,
CPRT,1995-01-19,0.4,0.4,0.39,0.4,
CPRT,1995-01-20,0.4,0.4,0.39,0.4,
CPRT,1995-01-23,0.4,0.4,0.39,0.39,
CPRT,1995-01-24,0.4,0.4,0.4,0.4,
CPRT,1995-01-25,0.4,0.4,0.39,0.4,
CPRT,1995-01-26,0.39,0.39,0.38,0.38,
CPRT,1995-01-27,0.38,0.38,0.38,0.38,
CPRT,1995-01-30,0.38,0.38,0.38,0.38,
CPRT,1995-01-31,0.38,0.39,0.38,0.39,
CPRT,1995-02-01,0.39,0.39,0.38,0.38,
CPRT,1995-02-02,0.39,0.39,0.38,0.38,
CPRT,1995-02-03,0.38,0.39,0.38,0.39,
CPRT,1995-02-06,0.38,0.39,0.38,0.38,
CPRT,1995-02-07,0.39,0.39,0.39,0.39,
CPRT,1995-02-08,0.38,0.38,0.38,0.38,
CPRT,1995-02-09,0.38,0.39,0.38,0.39,
CPRT,1995-02-10,0.39,0.41,0.39,0.4,
CPRT,1995-02-13,0.4,0.41,0.4,0.4,
CPRT,1995-02-14,0.4,0.41,0.4,0.4,
CPRT,1995-02-15,0.41,0.41,0.4,0.4,
CPRT,1995-02-16,0.4,0.4,0.4,0.4,
CPRT,1995-02-17,0.4,0.4,0.4,0.4,
CPRT,1995-02-21,0.4,0.4,0.4,0.4,
CPRT,1995-02-22,0.4,0.4,0.4,0.4,
CPRT,1995-02-23,0.4,0.4,0.4,0.4,
CPRT,1995-02-24,0.4,0.4,0.4,0.4,
CPRT,1995-02-27,0.4,0.4,0.39,0.4,
CPRT,1995-02-28,0.39,0.4,0.39,0.39,
CPRT,1995-03-01,0.4,0.4,0.39,0.39,
CPRT,1995-03-02,0.39,0.39,0.39,0.39,
CPRT,1995-03-03,0.4,0.4,0.4,0.4,
CPRT,1995-03-06,0.39,0.39,0.39,0.39,
CPRT,1995-03-07,0.39,0.39,0.39,0.39,
CPRT,1995-03-08,0.39,0.39,0.39,0.39,
CPRT,1995-03-09,0.39,0.4,0.39,0.4,
CPRT,1995-03-10,0.4,0.4,0.4,0.4,
CPRT,1995-03-13,0.39,0.39,0.39,0.39,
CPRT,1995-03-14,0.39,0.39,0.39,0.39,
CPRT,1995-03-15,0.39,0.39,0.39,0.39,
CPRT,1995-03-16,0.39,0.39,0.39,0.39,
CPRT,1995-03-17,0.39,0.39,0.39,0.39,
CPRT,1995-03-20,0.39,0.39,0.39,0.39,
CPRT,1995-03-21,0.39,0.39,0.39,0.39,
CPRT,1995-03-22,0.39,0.39,0.39,0.39,
CPRT,1995-03-23,0.39,0.4,0.39,0.4,
CPRT,1995-03-24,0.39,0.4,0.39,0.4,
CPRT,1995-03-27,0.4,0.4,0.39,0.4,
CPRT,1995-03-28,0.4,0.4,0.39,0.4,
CPRT,1995-03-29,0.39,0.39,0.39,0.39,
CPRT,1995-03-30,0.4,0.4,0.39,0.39,
CPRT,1995-03-31,0.4,0.4,0.4,0.4,
CPRT,1995-04-03,0.39,0.4,0.39,0.4,
CPRT,1995-04-04,0.4,0.4,0.39,0.4,
CPRT,1995-04-05,0.4,0.4,0.39,0.4,
CPRT,1995-04-06,0.39,0.4,0.39,0.39,
CPRT,1995-04-07,0.4,0.4,0.39,0.4,
CPRT,1995-04-10,0.4,0.4,0.38,0.39,
CPRT,1995-04-11,0.39,0.4,0.39,0.4,
CPRT,1995-04-12,0.4,0.41,0.39,0.41,
CPRT,1995-04-13,0.41,0.41,0.4,0.41,
CPRT,1995-04-17,0.41,0.41,0.4,0.41,
CPRT,1995-04-18,0.41,0.41,0.4,0.4,
CPRT,1995-04-19,0.4,0.41,0.4,0.4,
CPRT,1995-04-20,0.41,0.41,0.4,0.4,
CPRT,1995-04-21,0.41,0.41,0.4,0.4,
CPRT,1995-04-24,0.39,0.4,0.39,0.4,
CPRT,1995-04-25,0.4,0.4,0.4,0.4,
CPRT,1995-04-26,0.4,0.4,0.4,0.4,
CPRT,1995-04-27,0.4,0.4,0.4,0.4,
CPRT,1995-04-28,0.4,0.43,0.4,0.42,
CPRT,1995-05-01,0.43,0.44,0.42,0.43,
CPRT,1995-05-02,0.44,0.44,0.43,0.44,
CPRT,1995-05-03,0.44,0.44,0.43,0.43,
CPRT,1995-05-04,0.43,0.43,0.43,0.43,
CPRT,1995-05-05,0.43,0.45,0.43,0.45,
CPRT,1995-05-08,0.44,0.47,0.44,0.46,
CPRT,1995-05-09,0.46,0.46,0.46,0.46,
CPRT,1995-05-10,0.46,0.46,0.45,0.46,
CPRT,1995-05-11,0.46,0.46,0.45,0.45,
CPRT,1995-05-12,0.45,0.46,0.42,0.43,
CPRT,1995-05-15,0.43,0.43,0.41,0.42,
CPRT,1995-05-16,0.42,0.42,0.41,0.41,
CPRT,1995-05-17,0.42,0.42,0.4,0.4,
CPRT,1995-05-18,0.4,0.43,0.4,0.42,
CPRT,1995-05-19,0.42,0.42,0.42,0.42,
CPRT,1995-05-22,0.42,0.44,0.42,0.43,
CPRT,1995-05-23,0.43,0.44,0.43,0.43,
CPRT,1995-05-24,0.44,0.44,0.42,0.42,
CPRT,1995-05-25,0.43,0.43,0.41,0.41,
CPRT,1995-05-26,0.41,0.42,0.41,0.42,
CPRT,1995-05-30,0.42,0.43,0.42,0.42,
CPRT,1995-05-31,0.42,0.44,0.42,0.44,
CPRT,1995-06-01,0.44,0.45,0.44,0.44,
CPRT,1995-06-02,0.44,0.46,0.44,0.45,
CPRT,1995-06-05,0.46,0.46,0.45,0.45,
CPRT,1995-06-06,0.45,0.47,0.45,0.47,
CPRT,1995-06-07,0.46,0.47,0.46,0.46,
CPRT,1995-06-08,0.46,0.46,0.46,0.46,
CPRT,1995-06-09,0.46,0.46,0.46,0.46,
CPRT,1995-06-12,0.46,0.48,0.46,0.47,
CPRT,1995-06-13,0.47,0.49,0.47,0.49,
CPRT,1995-06-14,0.48,0.49,0.46,0.46,
CPRT,1995-06-15,0.47,0.47,0.46,0.46,
CPRT,1995-06-16,0.47,0.47,0.46,0.46,
CPRT,1995-06-19,0.46,0.46,0.45,0.45,
CPRT,1995-06-20,0.45,0.46,0.45,0.45,
CPRT,1995-06-21,0.45,0.46,0.45,0.46,
CPRT,1995-06-22,0.46,0.46,0.45,0.45,
CPRT,1995-06-23,0.46,0.47,0.46,0.47,
CPRT,1995-06-26,0.47,0.47,0.46,0.47,
CPRT,1995-06-27,0.46,0.46,0.46,0.46,
CPRT,1995-06-28,0.46,0.47,0.46,0.47,
CPRT,1995-06-29,0.47,0.47,0.46,0.46,
CPRT,1995-06-30,0.47,0.47,0.47,0.47,
CPRT,1995-07-03,0.47,0.48,0.47,0.47,
CPRT,1995-07-05,0.47,0.48,0.47,0.47,
CPRT,1995-07-06,0.47,0.47,0.47,0.47,
CPRT,1995-07-07,0.47,0.47,0.47,0.47,
CPRT,1995-07-10,0.48,0.48,0.47,0.48,
CPRT,1995-07-11,0.48,0.48,0.48,0.48,
CPRT,1995-07-12,0.49,0.49,0.48,0.49,
CPRT,1995-07-13,0.48,0.49,0.48,0.48,
CPRT,1995-07-14,0.49,0.49,0.48,0.48,
CPRT,1995-07-17,0.48,0.48,0.48,0.48,
CPRT,1995-07-18,0.48,0.48,0.47,0.47,
CPRT,1995-07-19,0.47,0.47,0.46,0.47,
CPRT,1995-07-20,0.46,0.47,0.46,0.47,
CPRT,1995-07-21,0.46,0.47,0.46,0.46,
CPRT,1995-07-24,0.46,0.47,0.46,0.47,
CPRT,1995-07-25,0.47,0.47,0.46,0.47,
CPRT,1995-07-26,0.46,0.47,0.46,0.47,
CPRT,1995-07-27,0.46,0.47,0.46,0.47,
CPRT,1995-07-28,0.47,0.47,0.46,0.46,
CPRT,1995-07-31,0.46,0.47,0.42,0.43,
CPRT,1995-08-01,0.43,0.44,0.42,0.44,
CPRT,1995-08-02,0.44,0.47,0.44,0.47,
CPRT,1995-08-03,0.47,0.49,0.47,0.48,
CPRT,1995-08-04,0.46,0.48,0.46,0.48,
CPRT,1995-08-07,0.48,0.49,0.48,0.49,
CPRT,1995-08-08,0.48,0.48,0.48,0.48,
CPRT,1995-08-09,0.47,0.48,0.47,0.47,
CPRT,1995-08-10,0.47,0.47,0.47,0.47,
CPRT,1995-08-11,0.47,0.47,0.47,0.47,
CPRT,1995-08-14,0.47,0.47,0.46,0.46,
CPRT,1995-08-15,0.46,0.47,0.46,0.46,
CPRT,1995-08-16,0.47,0.47,0.46,0.46,
CPRT,1995-08-17,0.47,0.47,0.45,0.46,
CPRT,1995-08-18,0.46,0.46,0.46,0.46,
CPRT,1995-08-21,0.46,0.46,0.46,0.46,
CPRT,1995-08-22,0.47,0.47,0.46,0.46,
CPRT,1995-08-23,0.46,0.46,0.45,0.45,
CPRT,1995-08-24,0.45,0.45,0.43,0.44,
CPRT,1995-08-25,0.43,0.45,0.43,0.44,
CPRT,1995-08-28,0.44,0.45,0.44,0.45,
CPRT,1995-08-29,0.44,0.44,0.44,0.44,
CPRT,1995-08-30,0.44,0.45,0.44,0.45,
CPRT,1995-08-31,0.45,0.46,0.45,0.46,
CPRT,1995-09-01,0.45,0.46,0.45,0.46,
CPRT,1995-09-05,0.45,0.46,0.45,0.46,
CPRT,1995-09-06,0.45,0.45,0.45,0.45,
CPRT,1995-09-07,0.46,0.46,0.45,0.45,
CPRT,1995-09-08,0.45,0.46,0.45,0.45,
CPRT,1995-09-11,0.46,0.46,0.45,0.45,
CPRT,1995-09-12,0.46,0.46,0.45,0.45,
CPRT,1995-09-13,0.45,0.46,0.45,0.46,
CPRT,1995-09-14,0.46,0.46,0.45,0.46,
CPRT,1995-09-15,0.45,0.46,0.45,0.46,
CPRT,1995-09-18,0.45,0.46,0.45,0.46,
CPRT,1995-09-19,0.45,0.45,0.45,0.45,
CPRT,1995-09-20,0.45,0.46,0.45,0.46,
CPRT,1995-09-21,0.46,0.48,0.46,0.47,
CPRT,1995-09-22,0.48,0.49,0.48,0.49,
CPRT,1995-09-25,0.49,0.49,0.49,0.49,
CPRT,1995-09-26,0.49,0.5,0.49,0.5,
CPRT,1995-09-27,0.5,0.5,0.49,0.5,
CPRT,1995-09-28,0.5,0.5,0.48,0.48,
CPRT,1995-09-29,0.48,0.48,0.47,0.47,
CPRT,1995-10-02,0.47,0.48,0.47,0.48,
CPRT,1995-10-03,0.48,0.49,0.47,0.48,
CPRT,1995-10-04,0.48,0.48,0.47,0.48,
CPRT,1995-10-05,0.48,0.48,0.47,0.47,
CPRT,1995-10-06,0.47,0.48,0.47,0.47,
CPRT,1995-10-09,0.47,0.47,0.45,0.45,
CPRT,1995-10-10,0.46,0.46,0.44,0.44,
CPRT,1995-10-11,0.43,0.43,0.4,0.41,
CPRT,1995-10-12,0.4,0.41,0.4,0.41,
CPRT,1995-10-13,0.44,0.49,0.44,0.47,
CPRT,1995-10-16,0.47,0.49,0.46,0.48,
CPRT,1995-10-17,0.49,0.49,0.48,0.49,
CPRT,1995-10-18,0.49,0.49,0.48,0.49,
CPRT,1995-10-19,0.49,0.49,0.47,0.47,
CPRT,1995-10-20,0.48,0.48,0.47,0.47,
CPRT,1995-10-23,0.47,0.48,0.47,0.48,
CPRT,1995-10-24,0.48,0.48,0.47,0.48,
CPRT,1995-10-25,0.47,0.48,0.46,0.46,
CPRT,1995-10-26,0.46,0.46,0.43,0.44,
CPRT,1995-10-27,0.43,0.44,0.43,0.44,
CPRT,1995-10-30,0.45,0.46,0.44,0.46,
CPRT,1995-10-31,0.47,0.48,0.47,0.47,
CPRT,1995-11-01,0.48,0.48,0.46,0.47,
CPRT,1995-11-02,0.48,0.48,0.48,0.48,
CPRT,1995-11-03,0.48,0.49,0.48,0.48,
CPRT,1995-11-06,0.49,0.49,0.48,0.48,
CPRT,1995-11-07,0.49,0.49,0.49,0.49,
CPRT,1995-11-08,0.48,0.49,0.47,0.48,
CPRT,1995-11-09,0.49,0.49,0.47,0.47,
CPRT,1995-11-10,0.47,0.49,0.47,0.47,
CPRT,1995-11-13,0.47,0.47,0.46,0.46,
CPRT,1995-11-14,0.46,0.46,0.45,0.45,
CPRT,1995-11-15,0.44,0.45,0.43,0.43,
CPRT,1995-11-16,0.43,0.44,0.43,0.43,
CPRT,1995-11-17,0.43,0.44,0.43,0.44,
CPRT,1995-11-20,0.43,0.44,0.43,0.44,
CPRT,1995-11-21,0.44,0.44,0.43,0.43,
CPRT,1995-11-22,0.44,0.44,0.43,0.43,
CPRT,1995-11-24,0.44,0.44,0.43,0.43,
CPRT,1995-11-27,0.43,0.44,0.43,0.44,
CPRT,1995-11-28,0.43,0.44,0.43,0.44,
CPRT,1995-11-29,0.44,0.45,0.44,0.45,
CPRT,1995-11-30,0.45,0.5,0.44,0.5,
CPRT,1995-12-01,0.49,0.49,0.46,0.46,
CPRT,1995-12-04,0.45,0.46,0.45,0.46,
CPRT,1995-12-05,0.46,0.47,0.45,0.45,
CPRT,1995-12-06,0.47,0.47,0.45,0.47,
CPRT,1995-12-07,0.46,0.49,0.46,0.49,
CPRT,1995-12-08,0.48,0.49,0.48,0.49,
CPRT,1995-12-11,0.49,0.49,0.48,0.49,
CPRT,1995-12-12,0.49,0.55,0.49,0.53,
CPRT,1995-12-13,0.53,0.55,0.51,0.52,
CPRT,1995-12-14,0.52,0.52,0.43,0.47,
CPRT,1995-12-15,0.48,0.51,0.47,0.49,
CPRT,1995-12-18,0.5,0.5,0.49,0.49,
CPRT,1995-12-19,0.5,0.5,0.48,0.5,
CPRT,1995-12-20,0.5,0.52,0.49,0.52,
CPRT,1995-12-21,0.5,0.52,0.5,0.52,
CPRT,1995-12-22,0.52,0.52,0.51,0.52,
CPRT,1995-12-26,0.52,0.53,0.5,0.52,
CPRT,1995-12-27,0.52,0.52,0.51,0.52,
CPRT,1995-12-28,0.51,0.55,0.51,0.54,
CPRT,1995-12-29,0.54,0.56,0.53,0.55,
CPRT,1996-01-02,0.55,0.58,0.55,0.58,
CPRT,1996-01-03,0.57,0.58,0.56,0.57,
CPRT,1996-01-04,0.56,0.57,0.53,0.54,
CPRT,1996-01-05,0.54,0.54,0.52,0.53,
CPRT,1996-01-08,0.54,0.54,0.52,0.53,
CPRT,1996-01-09,0.53,0.54,0.52,0.54,
CPRT,1996-01-10,0.53,0.53,0.52,0.53,
CPRT,1996-01-11,0.52,0.52,0.51,0.52,
CPRT,1996-01-12,0.51,0.52,0.51,0.52,
CPRT,1996-01-15,0.52,0.53,0.51,0.53,
CPRT,1996-01-16,0.53,0.58,0.53,0.58,
CPRT,1996-01-17,0.57,0.61,0.57,0.6,
CPRT,1996-01-18,0.58,0.6,0.58,0.59,
CPRT,1996-01-19,0.59,0.6,0.58,0.58,
CPRT,1996-01-22,0.58,0.59,0.57,0.58,
CPRT,1996-01-23,0.58,0.58,0.56,0.57,
CPRT,1996-01-24,0.58,0.6,0.57,0.59,
CPRT,1996-01-25,0.59,0.6,0.58,0.6,
CPRT,1996-01-26,0.6,0.6,0.59,0.6,
CPRT,1996-01-29,0.6,0.62,0.6,0.62,
CPRT,1996-01-30,0.61,0.63,0.61,0.61,
CPRT,1996-01-31,0.62,0.62,0.61,0.62,
CPRT,1996-02-01,0.61,0.63,0.61,0.62,
CPRT,1996-02-02,0.61,0.62,0.61,0.61,
CPRT,1996-02-05,0.61,0.63,0.61,0.62,
CPRT,1996-02-06,0.61,0.63,0.6,0.6,
CPRT,1996-02-07,0.61,0.61,0.6,0.61,
CPRT,1996-02-08,0.6,0.61,0.6,0.61,
CPRT,1996-02-09,0.61,0.61,0.57,0.58,
CPRT,1996-02-12,0.59,0.59,0.57,0.58,
CPRT,1996-02-13,0.58,0.58,0.57,0.58,
CPRT,1996-02-14,0.58,0.58,0.56,0.56,
CPRT,1996-02-15,0.57,0.58,0.56,0.57,
CPRT,1996-02-16,0.56,0.57,0.56,0.57,
CPRT,1996-02-20,0.57,0.59,0.56,0.59,
CPRT,1996-02-21,0.58,0.6,0.58,0.59,
CPRT,1996-02-22,0.59,0.59,0.57,0.58,
CPRT,1996-02-23,0.57,0.58,0.57,0.58,
CPRT,1996-02-26,0.57,0.59,0.57,0.58,
CPRT,1996-02-27,0.58,0.59,0.56,0.56,
CPRT,1996-02-28,0.57,0.59,0.56,0.59,
CPRT,1996-02-29,0.57,0.58,0.57,0.58,
CPRT,1996-03-01,0.59,0.59,0.57,0.59,
CPRT,1996-03-04,0.59,0.6,0.58,0.59,
CPRT,1996-03-05,0.58,0.6,0.58,0.59,
CPRT,1996-03-06,0.6,0.6,0.58,0.6,
CPRT,1996-03-07,0.6,0.6,0.59,0.59,
CPRT,1996-03-08,0.6,0.6,0.58,0.58,
CPRT,1996-03-11,0.59,0.59,0.57,0.58,
CPRT,1996-03-12,0.58,0.58,0.57,0.57,
CPRT,1996-03-13,0.54,0.55,0.51,0.53,
CPRT,1996-03-14,0.53,0.54,0.52,0.53,
CPRT,1996-03-15,0.54,0.54,0.53,0.54,
CPRT,1996-03-18,0.54,0.54,0.52,0.53,
CPRT,1996-03-19,0.53,0.53,0.51,0.53,
CPRT,1996-03-20,0.51,0.53,0.51,0.52,
CPRT,1996-03-21,0.52,0.52,0.51,0.52,
CPRT,1996-03-22,0.51,0.52,0.51,0.52,
CPRT,1996-03-25,0.52,0.53,0.51,0.53,
CPRT,1996-03-26,0.53,0.53,0.51,0.52,
CPRT,1996-03-27,0.52,0.52,0.52,0.52,
CPRT,1996-03-28,0.52,0.52,0.51,0.52,
CPRT,1996-03-29,0.52,0.52,0.51,0.52,
CPRT,1996-04-01,0.52,0.53,0.51,0.52,
CPRT,1996-04-02,0.52,0.53,0.51,0.53,
CPRT,1996-04-03,0.53,0.53,0.52,0.53,
CPRT,1996-04-04,0.53,0.53,0.52,0.53,
CPRT,1996-04-08,0.52,0.53,0.51,0.52,
CPRT,1996-04-09,0.52,0.52,0.51,0.51,
CPRT,1996-04-10,0.51,0.52,0.51,0.52,
CPRT,1996-04-11,0.51,0.51,0.48,0.5,
CPRT,1996-04-12,0.51,0.52,0.5,0.52,
CPRT,1996-04-15,0.52,0.54,0.51,0.53,
CPRT,1996-04-16,0.54,0.56,0.54,0.56,
CPRT,1996-04-17,0.56,0.59,0.55,0.56,
CPRT,1996-04-18,0.56,0.58,0.55,0.57,
CPRT,1996-04-19,0.56,0.57,0.54,0.55,
CPRT,1996-04-22,0.54,0.57,0.54,0.57,
CPRT,1996-04-23,0.56,0.57,0.56,0.57,
CPRT,1996-04-24,0.57,0.57,0.56,0.57,
CPRT,1996-04-25,0.57,0.57,0.56,0.57,
CPRT,1996-04-26,0.57,0.57,0.56,0.57,
CPRT,1996-04-29,0.57,0.57,0.56,0.57,
CPRT,1996-04-30,0.57,0.57,0.56,0.57,
CPRT,1996-05-01,0.56,0.59,0.56,0.58,
CPRT,1996-05-02,0.57,0.58,0.56,0.56,
CPRT,1996-05-03,0.56,0.56,0.52,0.53,
CPRT,1996-05-06,0.53,0.53,0.51,0.51,
CPRT,1996-05-07,0.52,0.53,0.51,0.53,
CPRT,1996-05-08,0.53,0.53,0.42,0.44,
CPRT,1996-05-09,0.45,0.46,0.43,0.45,
CPRT,1996-05-10,0.45,0.45,0.44,0.45,
CPRT,1996-05-13,0.45,0.46,0.43,0.44,
CPRT,1996-05-14,0.44,0.45,0.43,0.43,
CPRT,1996-05-15,0.44,0.45,0.43,0.45,
CPRT,1996-05-16,0.47,0.47,0.44,0.45,
CPRT,1996-05-17,0.44,0.46,0.44,0.45,
CPRT,1996-05-20,0.46,0.47,0.45,0.47,
CPRT,1996-05-21,0.47,0.47,0.46,0.46,
CPRT,1996-05-22,0.47,0.47,0.46,0.46,
CPRT,1996-05-23,0.46,0.47,0.46,0.46,
CPRT,1996-05-24,0.46,0.47,0.39,0.41,
CPRT,1996-05-28,0.4,0.41,0.38,0.39,
CPRT,1996-05-29,0.39,0.39,0.32,0.36,
CPRT,1996-05-30,0.36,0.36,0.35,0.36,
CPRT,1996-05-31,0.36,0.36,0.35,0.35,
CPRT,1996-06-03,0.35,0.36,0.35,0.36,
CPRT,1996-06-04,0.35,0.36,0.34,0.34,
CPRT,1996-06-05,0.35,0.35,0.31,0.31,
CPRT,1996-06-06,0.32,0.32,0.3,0.31,
CPRT,1996-06-07,0.3,0.31,0.3,0.31,
CPRT,1996-06-10,0.31,0.32,0.31,0.31,
CPRT,1996-06-11,0.32,0.32,0.31,0.31,
CPRT,1996-06-12,0.32,0.35,0.31,0.35,
CPRT,1996-06-13,0.35,0.36,0.33,0.35,
CPRT,1996-06-14,0.36,0.4,0.35,0.36,
CPRT,1996-06-17,0.36,0.36,0.35,0.35,
CPRT,1996-06-18,0.36,0.36,0.35,0.36,
CPRT,1996-06-19,0.36,0.36,0.34,0.35,
CPRT,1996-06-20,0.35,0.35,0.34,0.34,
CPRT,1996-06-21,0.35,0.35,0.34,0.34,
CPRT,1996-06-24,0.34,0.35,0.33,0.34,
CPRT,1996-06-25,0.32,0.33,0.32,0.32,
CPRT,1996-06-26,0.32,0.33,0.31,0.32,
CPRT,1996-06-27,0.31,0.34,0.31,0.34,
CPRT,1996-06-28,0.34,0.35,0.33,0.34,
CPRT,1996-07-01,0.35,0.35,0.34,0.35,
CPRT,1996-07-02,0.34,0.35,0.34,0.34,
CPRT,1996-07-03,0.34,0.35,0.34,0.34,
CPRT,1996-07-05,0.34,0.34,0.34,0.34,
CPRT,1996-07-08,0.35,0.37,0.34,0.35,
CPRT,1996-07-09,0.36,0.38,0.36,0.36,
CPRT,1996-07-10,0.35,0.36,0.35,0.36,
CPRT,1996-07-11,0.36,0.36,0.35,0.36,
CPRT,1996-07-12,0.36,0.36,0.34,0.34,
CPRT,1996-07-15,0.34,0.35,0.3,0.31,
CPRT,1996-07-16,0.32,0.32,0.31,0.31,
CPRT,1996-07-17,0.31,0.31,0.3,0.31,
CPRT,1996-07-18,0.31,0.31,0.3,0.3,
CPRT,1996-07-19,0.31,0.31,0.3,0.31,
CPRT,1996-07-22,0.31,0.31,0.3,0.31,
CPRT,1996-07-23,0.3,0.31,0.3,0.31,
CPRT,1996-07-24,0.3,0.3,0.29,0.29,
CPRT,1996-07-25,0.3,0.3,0.28,0.28,
CPRT,1996-07-26,0.29,0.29,0.26,0.26,
CPRT,1996-07-29,0.26,0.3,0.26,0.28,
CPRT,1996-07-30,0.28,0.31,0.28,0.3,
CPRT,1996-07-31,0.31,0.33,0.31,0.33,
CPRT,1996-08-01,0.33,0.33,0.32,0.33,
CPRT,1996-08-02,0.33,0.34,0.32,0.33,
CPRT,1996-08-05,0.34,0.34,0.32,0.32,
CPRT,1996-08-06,0.32,0.33,0.32,0.33,
CPRT,1996-08-07,0.33,0.33,0.32,0.33,
CPRT,1996-08-08,0.33,0.33,0.32,0.33,
CPRT,1996-08-09,0.32,0.33,0.32,0.32,
CPRT,1996-08-12,0.32,0.33,0.32,0.32,
CPRT,1996-08-13,0.33,0.33,0.31,0.31,
CPRT,1996-08-14,0.31,0.32,0.31,0.32,
CPRT,1996-08-15,0.32,0.32,0.31,0.32,
CPRT,1996-08-16,0.32,0.32,0.31,0.31,
CPRT,1996-08-19,0.31,0.32,0.31,0.31,
CPRT,1996-08-20,0.32,0.32,0.31,0.31,
CPRT,1996-08-21,0.32,0.32,0.31,0.32,
CPRT,1996-08-22,0.32,0.32,0.31,0.32,
CPRT,1996-08-23,0.32,0.33,0.32,0.32,
CPRT,1996-08-26,0.31,0.31,0.3,0.3,
CPRT,1996-08-27,0.31,0.34,0.3,0.33,
CPRT,1996-08-28,0.34,0.34,0.33,0.33,
CPRT,1996-08-29,0.34,0.35,0.32,0.34,
CPRT,1996-08-30,0.35,0.35,0.33,0.34,
CPRT,1996-09-03,0.33,0.34,0.33,0.34,
CPRT,1996-09-04,0.33,0.34,0.33,0.34,
CPRT,1996-09-05,0.33,0.34,0.33,0.34,
CPRT,1996-09-06,0.34,0.37,0.34,0.36,
CPRT,1996-09-09,0.36,0.36,0.35,0.35,
CPRT,1996-09-10,0.35,0.35,0.35,0.35,
CPRT,1996-09-11,0.35,0.35,0.35,0.35,
CPRT,1996-09-12,0.35,0.36,0.35,0.35,
CPRT,1996-09-13,0.35,0.38,0.35,0.37,
CPRT,1996-09-16,0.36,0.39,0.36,0.38,
CPRT,1996-09-17,0.39,0.4,0.38,0.39,
CPRT,1996-09-18,0.39,0.4,0.38,0.4,
CPRT,1996-09-19,0.39,0.39,0.38,0.38,
CPRT,1996-09-20,0.39,0.39,0.38,0.38,
CPRT,1996-09-23,0.38,0.39,0.38,0.38,
CPRT,1996-09-24,0.39,0.39,0.38,0.38,
CPRT,1996-09-25,0.38,0.39,0.38,0.39,
CPRT,1996-09-26,0.38,0.4,0.38,0.39,
CPRT,1996-09-27,0.4,0.43,0.4,0.41,
CPRT,1996-09-30,0.41,0.42,0.41,0.41,
CPRT,1996-10-01,0.41,0.42,0.41,0.41,
CPRT,1996-10-02,0.41,0.43,0.41,0.42,
CPRT,1996-10-03,0.41,0.43,0.41,0.43,
CPRT,1996-10-04,0.43,0.44,0.42,0.43,
CPRT,1996-10-07,0.43,0.43,0.41,0.42,
CPRT,1996-10-08,0.43,0.44,0.4,0.4,
CPRT,1996-10-09,0.4,0.4,0.39,0.39,
CPRT,1996-10-10,0.39,0.39,0.39,0.39,
CPRT,1996-10-11,0.39,0.39,0.39,0.39,
CPRT,1996-10-14,0.39,0.4,0.39,0.39,
CPRT,1996-10-15,0.4,0.4,0.39,0.4,
CPRT,1996-10-16,0.4,0.4,0.39,0.39,
CPRT,1996-10-17,0.39,0.4,0.39,0.4,
CPRT,1996-10-18,0.39,0.4,0.38,0.39,
CPRT,1996-10-21,0.39,0.39,0.36,0.36,
CPRT,1996-10-22,0.36,0.38,0.36,0.37,
CPRT,1996-10-23,0.38,0.38,0.37,0.38,
CPRT,1996-10-24,0.37,0.38,0.37,0.37,
CPRT,1996-10-25,0.37,0.38,0.37,0.37,
CPRT,1996-10-28,0.37,0.38,0.37,0.38,
CPRT,1996-10-29,0.38,0.38,0.38,0.38,
CPRT,1996-10-30,0.39,0.39,0.38,0.39,
CPRT,1996-10-31,0.39,0.39,0.38,0.38,
CPRT,1996-11-01,0.39,0.39,0.38,0.38,
CPRT,1996-11-04,0.37,0.39,0.37,0.38,
CPRT,1996-11-05,0.38,0.39,0.37,0.37,
CPRT,1996-11-06,0.38,0.39,0.38,0.38,
CPRT,1996-11-07,0.39,0.39,0.38,0.39,
CPRT,1996-11-08,0.38,0.39,0.38,0.38,
CPRT,1996-11-11,0.39,0.39,0.38,0.39,
CPRT,1996-11-12,0.38,0.39,0.38,0.38,
CPRT,1996-11-13,0.39,0.39,0.38,0.38,
CPRT,1996-11-14,0.38,0.39,0.38,0.38,
CPRT,1996-11-15,0.39,0.39,0.38,0.38,
CPRT,1996-11-18,0.38,0.39,0.38,0.38,
CPRT,1996-11-19,0.39,0.39,0.38,0.38,
CPRT,1996-11-20,0.38,0.39,0.38,0.38,
CPRT,1996-11-21,0.38,0.38,0.37,0.37,
CPRT,1996-11-22,0.37,0.37,0.35,0.36,
CPRT,1996-11-25,0.36,0.36,0.36,0.36,
CPRT,1996-11-26,0.36,0.36,0.36,0.36,
CPRT,1996-11-27,0.36,0.36,0.36,0.36,
CPRT,1996-11-29,0.36,0.36,0.36,0.36,
CPRT,1996-12-02,0.36,0.37,0.36,0.36,
CPRT,1996-12-03,0.37,0.37,0.36,0.36,
CPRT,1996-12-04,0.37,0.37,0.36,0.36,
CPRT,1996-12-05,0.36,0.36,0.35,0.35,
CPRT,1996-12-06,0.36,0.36,0.34,0.34,
CPRT,1996-12-09,0.34,0.35,0.31,0.31,
CPRT,1996-12-10,0.27,0.28,0.22,0.22,
CPRT,1996-12-11,0.22,0.23,0.21,0.23,
CPRT,1996-12-12,0.23,0.25,0.23,0.24,
CPRT,1996-12-13,0.25,0.27,0.24,0.26,
CPRT,1996-12-16,0.26,0.27,0.24,0.24,
CPRT,1996-12-17,0.24,0.27,0.24,0.26,
CPRT,1996-12-18,0.26,0.27,0.25,0.25,
CPRT,1996-12-19,0.26,0.26,0.25,0.25,
CPRT,1996-12-20,0.25,0.26,0.25,0.25,
CPRT,1996-12-23,0.25,0.26,0.25,0.25,
CPRT,1996-12-24,0.25,0.26,0.25,0.25,
CPRT,1996-12-26,0.25,0.26,0.25,0.25,
CPRT,1996-12-27,0.25,0.26,0.25,0.26,
CPRT,1996-12-30,0.26,0.27,0.25,0.26,
CPRT,1996-12-31,0.26,0.27,0.26,0.27,
CPRT,1997-01-02,0.27,0.27,0.26,0.27,
CPRT,1997-01-03,0.27,0.28,0.27,0.27,
CPRT,1997-01-06,0.27,0.27,0.26,0.27,
CPRT,1997-01-07,0.26,0.27,0.26,0.26,
CPRT,1997-01-08,0.26,0.28,0.26,0.26,
CPRT,1997-01-09,0.26,0.27,0.26,0.27,
CPRT,1997-01-10,0.27,0.28,0.26,0.27,
CPRT,1997-01-13,0.27,0.28,0.27,0.28,
CPRT,1997-01-14,0.27,0.29,0.27,0.28,
CPRT,1997-01-15,0.28,0.29,0.28,0.28,
CPRT,1997-01-16,0.29,0.29,0.28,0.28,
CPRT,1997-01-17,0.29,0.3,0.29,0.3,
CPRT,1997-01-20,0.3,0.31,0.29,0.3,
CPRT,1997-01-21,0.31,0.32,0.3,0.31,
CPRT,1997-01-22,0.32,0.32,0.31,0.32,
CPRT,1997-01-23,0.32,0.32,0.31,0.32,
CPRT,1997-01-24,0.31,0.31,0.3,0.3,
CPRT,1997-01-27,0.3,0.3,0.29,0.3,
CPRT,1997-01-28,0.3,0.3,0.3,0.3,
CPRT,1997-01-29,0.3,0.31,0.3,0.31,
CPRT,1997-01-30,0.31,0.32,0.3,0.31,
CPRT,1997-01-31,0.31,0.36,0.31,0.36,
CPRT,1997-02-03,0.36,0.38,0.33,0.33,
CPRT,1997-02-04,0.34,0.34,0.33,0.34,
CPRT,1997-02-05,0.34,0.36,0.33,0.36,
CPRT,1997-02-06,0.36,0.38,0.36,0.38,
CPRT,1997-02-07,0.39,0.39,0.37,0.38,
CPRT,1997-02-10,0.38,0.38,0.35,0.35,
CPRT,1997-02-11,0.36,0.37,0.35,0.36,
CPRT,1997-02-12,0.37,0.38,0.36,0.37,
CPRT,1997-02-13,0.38,0.38,0.36,0.36,
CPRT,1997-02-14,0.36,0.36,0.36,0.36,
CPRT,1997-02-18,0.36,0.38,0.36,0.38,
CPRT,1997-02-19,0.38,0.38,0.37,0.38,
CPRT,1997-02-20,0.38,0.38,0.37,0.38,
CPRT,1997-02-21,0.38,0.38,0.36,0.37,
CPRT,1997-02-24,0.36,0.37,0.35,0.36,
CPRT,1997-02-25,0.36,0.36,0.35,0.35,
CPRT,1997-02-26,0.35,0.35,0.34,0.35,
CPRT,1997-02-27,0.34,0.35,0.32,0.32,
CPRT,1997-02-28,0.33,0.36,0.33,0.35,
CPRT,1997-03-03,0.36,0.36,0.33,0.33,
CPRT,1997-03-04,0.34,0.35,0.33,0.35,
CPRT,1997-03-05,0.35,0.36,0.34,0.34,
CPRT,1997-03-06,0.34,0.35,0.33,0.34,
CPRT,1997-03-07,0.34,0.35,0.33,0.35,
CPRT,1997-03-10,0.34,0.35,0.34,0.35,
CPRT,1997-03-11,0.35,0.36,0.35,0.35,
CPRT,1997-03-12,0.35,0.35,0.34,0.35,
CPRT,1997-03-13,0.35,0.35,0.34,0.34,
CPRT,1997-03-14,0.35,0.35,0.34,0.35,
CPRT,1997-03-17,0.34,0.35,0.34,0.34,
CPRT,1997-03-18,0.33,0.35,0.33,0.34,
CPRT,1997-03-19,0.34,0.35,0.32,0.32,
CPRT,1997-03-20,0.33,0.33,0.32,0.32,
CPRT,1997-03-21,0.32,0.33,0.32,0.32,
CPRT,1997-03-24,0.32,0.33,0.31,0.31,
CPRT,1997-03-25,0.31,0.32,0.31,0.31,
CPRT,1997-03-26,0.32,0.35,0.31,0.32,
CPRT,1997-03-27,0.33,0.34,0.32,0.33,
CPRT,1997-03-31,0.33,0.34,0.33,0.34,
CPRT,1997-04-01,0.33,0.34,0.33,0.33,
CPRT,1997-04-02,0.33,0.33,0.33,0.33,
CPRT,1997-04-03,0.33,0.33,0.32,0.33,
CPRT,1997-04-04,0.33,0.33,0.32,0.32,
CPRT,1997-04-07,0.33,0.33,0.32,0.32,
CPRT,1997-04-08,0.32,0.33,0.32,0.32,
CPRT,1997-04-09,0.33,0.33,0.31,0.31,
CPRT,1997-04-10,0.31,0.31,0.31,0.31,
CPRT,1997-04-11,0.31,0.31,0.29,0.29,
CPRT,1997-04-14,0.29,0.3,0.29,0.29,
CPRT,1997-04-15,0.29,0.3,0.29,0.3,
CPRT,1997-04-16,0.3,0.3,0.29,0.29,
CPRT,1997-04-17,0.29,0.3,0.29,0.3,
CPRT,1997-04-18,0.29,0.3,0.29,0.3,
CPRT,1997-04-21,0.29,0.29,0.28,0.29,
CPRT,1997-04-22,0.29,0.3,0.29,0.29,
CPRT,1997-04-23,0.29,0.29,0.29,0.29,
CPRT,1997-04-24,0.29,0.29,0.28,0.28,
CPRT,1997-04-25,0.28,0.29,0.27,0.27,
CPRT,1997-04-28,0.27,0.28,0.27,0.27,
CPRT,1997-04-29,0.27,0.27,0.27,0.27,
CPRT,1997-04-30,0.27,0.27,0.27,0.27,
CPRT,1997-05-01,0.27,0.27,0.27,0.27,
CPRT,1997-05-02,0.27,0.27,0.27,0.27,
CPRT,1997-05-05,0.28,0.29,0.28,0.29,
CPRT,1997-05-06,0.29,0.3,0.29,0.3,
CPRT,1997-05-07,0.29,0.3,0.29,0.3,
CPRT,1997-05-08,0.29,0.3,0.29,0.3,
CPRT,1997-05-09,0.3,0.3,0.29,0.3,
CPRT,1997-05-12,0.3,0.34,0.3,0.33,
CPRT,1997-05-13,0.34,0.34,0.31,0.31,
CPRT,1997-05-14,0.31,0.31,0.29,0.3,
CPRT,1997-05-15,0.3,0.3,0.29,0.3,
CPRT,1997-05-16,0.3,0.31,0.3,0.3,
CPRT,1997-05-19,0.3,0.32,0.3,0.31,
CPRT,1997-05-20,0.31,0.32,0.31,0.32,
CPRT,1997-05-21,0.31,0.32,0.31,0.32,
CPRT,1997-05-22,0.32,0.32,0.32,0.32,
CPRT,1997-05-23,0.32,0.33,0.32,0.33,
CPRT,1997-05-27,0.33,0.33,0.33,0.33,
CPRT,1997-05-28,0.33,0.33,0.31,0.32,
CPRT,1997-05-29,0.32,0.32,0.32,0.32,
CPRT,1997-05-30,0.31,0.33,0.31,0.32,
CPRT,1997-06-02,0.33,0.34,0.32,0.33,
CPRT,1997-06-03,0.34,0.34,0.33,0.34,
CPRT,1997-06-04,0.33,0.33,0.33,0.33,
CPRT,1997-06-05,0.33,0.33,0.33,0.33,
CPRT,1997-06-06,0.33,0.34,0.33,0.33,
CPRT,1997-06-09,0.33,0.34,0.33,0.34,
CPRT,1997-06-10,0.34,0.34,0.33,0.33,
CPRT,1997-06-11,0.34,0.34,0.33,0.33,
CPRT,1997-06-12,0.34,0.34,0.33,0.34,
CPRT,1997-06-13,0.33,0.34,0.33,0.34,
CPRT,1997-06-16,0.34,0.34,0.33,0.33,
CPRT,1997-06-17,0.33,0.34,0.33,0.33,
CPRT,1997-06-18,0.33,0.34,0.33,0.34,
CPRT,1997-06-19,0.33,0.34,0.33,0.34,
CPRT,1997-06-20,0.34,0.34,0.33,0.33,
CPRT,1997-06-23,0.33,0.34,0.33,0.33,
CPRT,1997-06-24,0.34,0.35,0.33,0.34,
CPRT,1997-06-25,0.34,0.35,0.34,0.34,
CPRT,1997-06-26,0.34,0.34,0.34,0.34,
CPRT,1997-06-27,0.34,0.35,0.34,0.35,
CPRT,1997-06-30,0.35,0.35,0.34,0.34,
CPRT,1997-07-01,0.34,0.35,0.34,0.34,
CPRT,1997-07-02,0.34,0.34,0.34,0.34,
CPRT,1997-07-03,0.34,0.34,0.34,0.34,
CPRT,1997-07-07,0.34,0.35,0.34,0.34,
CPRT,1997-07-08,0.34,0.35,0.34,0.34,
CPRT,1997-07-09,0.34,0.35,0.34,0.34,
CPRT,1997-07-10,0.34,0.35,0.34,0.35,
CPRT,1997-07-11,0.35,0.35,0.35,0.35,
CPRT,1997-07-14,0.35,0.36,0.35,0.35,
CPRT,1997-07-15,0.35,0.35,0.35,0.35,
CPRT,1997-07-16,0.35,0.35,0.35,0.35,
CPRT,1997-07-17,0.35,0.35,0.35,0.35,
CPRT,1997-07-18,0.35,0.35,0.34,0.35,
CPRT,1997-07-21,0.35,0.38,0.35,0.37,
CPRT,1997-07-22,0.38,0.38,0.36,0.36,
CPRT,1997-07-23,0.37,0.37,0.35,0.35,
CPRT,1997-07-24,0.35,0.36,0.35,0.36,
CPRT,1997-07-25,0.36,0.37,0.36,0.37,
CPRT,1997-07-28,0.37,0.38,0.36,0.38,
CPRT,1997-07-29,0.38,0.4,0.38,0.39,
CPRT,1997-07-30,0.39,0.39,0.38,0.38,
CPRT,1997-07-31,0.38,0.38,0.37,0.37,
CPRT,1997-08-01,0.37,0.4,0.37,0.39,
CPRT,1997-08-04,0.39,0.39,0.38,0.38,
CPRT,1997-08-05,0.38,0.39,0.38,0.38,
CPRT,1997-08-06,0.39,0.39,0.38,0.38,
CPRT,1997-08-07,0.38,0.38,0.38,0.38,
CPRT,1997-08-08,0.37,0.38,0.36,0.36,
CPRT,1997-08-11,0.36,0.37,0.36,0.37,
CPRT,1997-08-12,0.37,0.37,0.36,0.37,
CPRT,1997-08-13,0.37,0.37,0.35,0.37,
CPRT,1997-08-14,0.36,0.37,0.36,0.37,
CPRT,1997-08-15,0.36,0.37,0.36,0.36,
CPRT,1997-08-18,0.36,0.37,0.36,0.36,
CPRT,1997-08-19,0.36,0.37,0.36,0.37,
CPRT,1997-08-20,0.36,0.38,0.36,0.37,
CPRT,1997-08-21,0.37,0.38,0.37,0.37,
CPRT,1997-08-22,0.37,0.38,0.37,0.38,
CPRT,1997-08-25,0.38,0.38,0.37,0.37,
CPRT,1997-08-26,0.37,0.38,0.37,0.38,
CPRT,1997-08-27,0.37,0.38,0.37,0.38,
CPRT,1997-08-28,0.38,0.39,0.37,0.38,
CPRT,1997-08-29,0.38,0.39,0.38,0.39,
CPRT,1997-09-02,0.38,0.38,0.38,0.38,
CPRT,1997-09-03,0.38,0.38,0.35,0.35,
CPRT,1997-09-04,0.35,0.37,0.35,0.37,
CPRT,1997-09-05,0.37,0.38,0.36,0.38,
CPRT,1997-09-08,0.38,0.38,0.35,0.37,
CPRT,1997-09-09,0.36,0.36,0.35,0.36,
CPRT,1997-09-10,0.35,0.36,0.35,0.35,
CPRT,1997-09-11,0.35,0.38,0.35,0.38,
CPRT,1997-09-12,0.38,0.39,0.38,0.38,
CPRT,1997-09-15,0.38,0.38,0.36,0.37,
CPRT,1997-09-16,0.37,0.38,0.36,0.38,
CPRT,1997-09-17,0.38,0.38,0.35,0.36,
CPRT,1997-09-18,0.36,0.38,0.36,0.37,
CPRT,1997-09-19,0.37,0.38,0.37,0.37,
CPRT,1997-09-22,0.38,0.38,0.37,0.37,
CPRT,1997-09-23,0.37,0.38,0.37,0.38,
CPRT,1997-09-24,0.37,0.38,0.37,0.37,
CPRT,1997-09-25,0.37,0.38,0.37,0.38,
CPRT,1997-09-26,0.38,0.38,0.38,0.38,
CPRT,1997-09-29,0.38,0.38,0.38,0.38,
CPRT,1997-09-30,0.38,0.38,0.36,0.37,
CPRT,1997-10-01,0.37,0.37,0.36,0.36,
CPRT,1997-10-02,0.36,0.36,0.36,0.36,
CPRT,1997-10-03,0.36,0.36,0.36,0.36,
CPRT,1997-10-06,0.36,0.37,0.35,0.36,
CPRT,1997-10-07,0.37,0.38,0.36,0.37,
CPRT,1997-10-08,0.37,0.39,0.37,0.37,
CPRT,1997-10-09,0.37,0.38,0.37,0.37,
CPRT,1997-10-10,0.37,0.37,0.37,0.37,
CPRT,1997-10-13,0.37,0.37,0.35,0.35,
CPRT,1997-10-14,0.36,0.36,0.35,0.36,
CPRT,1997-10-15,0.35,0.36,0.35,0.36,
CPRT,1997-10-16,0.35,0.36,0.35,0.35,
CPRT,1997-10-17,0.35,0.35,0.33,0.33,
CPRT,1997-10-20,0.33,0.34,0.33,0.34,
CPRT,1997-10-21,0.34,0.35,0.34,0.35,
CPRT,1997-10-22,0.35,0.36,0.35,0.36,
CPRT,1997-10-23,0.35,0.35,0.34,0.35,
CPRT,1997-10-24,0.35,0.36,0.35,0.36,
CPRT,1997-10-27,0.35,0.36,0.34,0.34,
CPRT,1997-10-28,0.33,0.37,0.33,0.37,
CPRT,1997-10-29,0.38,0.38,0.36,0.37,
CPRT,1997-10-30,0.36,0.36,0.36,0.36,
CPRT,1997-10-31,0.36,0.36,0.36,0.36,
CPRT,1997-11-03,0.34,0.35,0.34,0.35,
CPRT,1997-11-04,0.35,0.35,0.35,0.35,
CPRT,1997-11-05,0.35,0.35,0.35,0.35,
CPRT,1997-11-06,0.35,0.36,0.35,0.35,
CPRT,1997-11-07,0.35,0.35,0.32,0.34,
CPRT,1997-11-10,0.34,0.34,0.34,0.34,
CPRT,1997-11-11,0.34,0.34,0.34,0.34,
CPRT,1997-11-12,0.34,0.34,0.33,0.33,
CPRT,1997-11-13,0.33,0.33,0.33,0.33,
CPRT,1997-11-14,0.33,0.35,0.33,0.35,
CPRT,1997-11-17,0.34,0.36,0.34,0.36,
CPRT,1997-11-18,0.35,0.36,0.35,0.36,
CPRT,1997-11-19,0.36,0.36,0.36,0.36,
CPRT,1997-11-20,0.36,0.36,0.36,0.36,
CPRT,1997-11-21,0.36,0.36,0.36,0.36,
CPRT,1997-11-24,0.36,0.36,0.36,0.36,
CPRT,1997-11-25,0.36,0.36,0.36,0.36,
CPRT,1997-11-26,0.36,0.36,0.36,0.36,
CPRT,1997-11-28,0.36,0.36,0.36,0.36,
CPRT,1997-12-01,0.36,0.37,0.35,0.35,
CPRT,1997-12-02,0.35,0.37,0.35,0.36,
CPRT,1997-12-03,0.36,0.37,0.36,0.36,
CPRT,1997-12-04,0.36,0.37,0.36,0.36,
CPRT,1997-12-05,0.36,0.37,0.36,0.37,
CPRT,1997-12-08,0.36,0.37,0.36,0.36,
CPRT,1997-12-09,0.36,0.37,0.36,0.37,
CPRT,1997-12-10,0.36,0.36,0.35,0.35,
CPRT,1997-12-11,0.35,0.35,0.32,0.33,
CPRT,1997-12-12,0.33,0.35,0.33,0.35,
CPRT,1997-12-15,0.34,0.35,0.34,0.35,
CPRT,1997-12-16,0.35,0.35,0.34,0.34,
CPRT,1997-12-17,0.34,0.35,0.34,0.34,
CPRT,1997-12-18,0.35,0.35,0.34,0.34,
CPRT,1997-12-19,0.35,0.35,0.34,0.35,
CPRT,1997-12-22,0.34,0.36,0.34,0.36,
CPRT,1997-12-23,0.35,0.36,0.35,0.35,
CPRT,1997-12-24,0.35,0.35,0.35,0.35,
CPRT,1997-12-26,0.35,0.35,0.35,0.35,
CPRT,1997-12-29,0.35,0.36,0.35,0.35,
CPRT,1997-12-30,0.35,0.36,0.35,0.36,
CPRT,1997-12-31,0.36,0.37,0.36,0.37,
CPRT,1998-01-02,0.36,0.38,0.36,0.38,
CPRT,1998-01-05,0.38,0.38,0.37,0.38,
CPRT,1998-01-06,0.37,0.38,0.37,0.37,
CPRT,1998-01-07,0.37,0.37,0.37,0.37,
CPRT,1998-01-08,0.37,0.37,0.37,0.37,
CPRT,1998-01-09,0.37,0.37,0.36,0.37,
CPRT,1998-01-12,0.36,0.37,0.36,0.36,
CPRT,1998-01-13,0.36,0.37,0.36,0.36,
CPRT,1998-01-14,0.36,0.37,0.36,0.36,
CPRT,1998-01-15,0.36,0.38,0.36,0.38,
CPRT,1998-01-16,0.38,0.38,0.38,0.38,
CPRT,1998-01-20,0.38,0.38,0.37,0.38,
CPRT,1998-01-21,0.37,0.38,0.37,0.38,
CPRT,1998-01-22,0.38,0.38,0.37,0.37,
CPRT,1998-01-23,0.38,0.38,0.37,0.37,
CPRT,1998-01-26,0.37,0.37,0.37,0.37,
CPRT,1998-01-27,0.37,0.37,0.37,0.37,
CPRT,1998-01-28,0.37,0.37,0.37,0.37,
CPRT,1998-01-29,0.36,0.38,0.36,0.38,
CPRT,1998-01-30,0.38,0.38,0.37,0.37,
CPRT,1998-02-02,0.37,0.37,0.34,0.36,
CPRT,1998-02-03,0.36,0.37,0.35,0.37,
CPRT,1998-02-04,0.36,0.38,0.36,0.37,
CPRT,1998-02-05,0.37,0.38,0.37,0.38,
CPRT,1998-02-06,0.38,0.38,0.37,0.38,
CPRT,1998-02-09,0.37,0.38,0.37,0.37,
CPRT,1998-02-10,0.37,0.38,0.37,0.37,
CPRT,1998-02-11,0.38,0.38,0.37,0.38,
CPRT,1998-02-12,0.37,0.39,0.37,0.38,
CPRT,1998-02-13,0.38,0.39,0.38,0.38,
CPRT,1998-02-17,0.38,0.38,0.36,0.37,
CPRT,1998-02-18,0.36,0.37,0.36,0.37,
CPRT,1998-02-19,0.37,0.38,0.37,0.37,
CPRT,1998-02-20,0.38,0.38,0.37,0.38,
CPRT,1998-02-23,0.37,0.38,0.37,0.37,
CPRT,1998-02-24,0.36,0.38,0.36,0.36,
CPRT,1998-02-25,0.36,0.38,0.36,0.38,
CPRT,1998-02-26,0.38,0.38,0.37,0.38,
CPRT,1998-02-27,0.38,0.38,0.38,0.38,
CPRT,1998-03-02,0.38,0.38,0.37,0.37,
CPRT,1998-03-03,0.37,0.38,0.36,0.36,
CPRT,1998-03-04,0.36,0.36,0.36,0.36,
CPRT,1998-03-05,0.35,0.36,0.35,0.35,
CPRT,1998-03-06,0.36,0.36,0.35,0.35,
CPRT,1998-03-09,0.36,0.38,0.36,0.37,
CPRT,1998-03-10,0.37,0.37,0.35,0.36,
CPRT,1998-03-11,0.36,0.37,0.35,0.36,
CPRT,1998-03-12,0.36,0.37,0.36,0.37,
CPRT,1998-03-13,0.36,0.37,0.36,0.36,
CPRT,1998-03-16,0.36,0.37,0.36,0.36,
CPRT,1998-03-17,0.36,0.37,0.36,0.36,
CPRT,1998-03-18,0.36,0.36,0.36,0.36,
CPRT,1998-03-19,0.37,0.37,0.36,0.36,
CPRT,1998-03-20,0.36,0.36,0.33,0.34,
CPRT,1998-03-23,0.35,0.35,0.32,0.33,
CPRT,1998-03-24,0.33,0.34,0.32,0.32,
CPRT,1998-03-25,0.32,0.33,0.31,0.31,
CPRT,1998-03-26,0.31,0.35,0.31,0.35,
CPRT,1998-03-27,0.35,0.35,0.34,0.35,
CPRT,1998-03-30,0.34,0.35,0.34,0.34,
CPRT,1998-03-31,0.34,0.35,0.34,0.35,
CPRT,1998-04-01,0.35,0.36,0.35,0.36,
CPRT,1998-04-02,0.35,0.36,0.35,0.36,
CPRT,1998-04-03,0.36,0.36,0.35,0.35,
CPRT,1998-04-06,0.36,0.36,0.36,0.36,
CPRT,1998-04-07,0.36,0.37,0.36,0.36,
CPRT,1998-04-08,0.36,0.37,0.36,0.37,
CPRT,1998-04-09,0.37,0.39,0.37,0.39,
CPRT,1998-04-13,0.38,0.4,0.38,0.39,
CPRT,1998-04-14,0.39,0.4,0.39,0.39,
CPRT,1998-04-15,0.39,0.4,0.39,0.4,
CPRT,1998-04-16,0.39,0.4,0.39,0.4,
CPRT,1998-04-17,0.4,0.4,0.4,0.4,
CPRT,1998-04-20,0.4,0.41,0.4,0.41,
CPRT,1998-04-21,0.41,0.42,0.41,0.41,
CPRT,1998-04-22,0.41,0.42,0.41,0.42,
CPRT,1998-04-23,0.41,0.42,0.41,0.42,
CPRT,1998-04-24,0.42,0.42,0.42,0.42,
CPRT,1998-04-27,0.42,0.42,0.41,0.42,
CPRT,1998-04-28,0.42,0.42,0.42,0.42,
CPRT,1998-04-29,0.43,0.43,0.42,0.42,
CPRT,1998-04-30,0.42,0.43,0.42,0.42,
CPRT,1998-05-01,0.42,0.44,0.42,0.43,
CPRT,1998-05-04,0.43,0.44,0.43,0.43,
CPRT,1998-05-05,0.43,0.43,0.43,0.43,
CPRT,1998-05-06,0.43,0.43,0.43,0.43,
CPRT,1998-05-07,0.43,0.43,0.42,0.42,
CPRT,1998-05-08,0.42,0.43,0.42,0.43,
CPRT,1998-05-11,0.43,0.43,0.42,0.42,
CPRT,1998-05-12,0.42,0.43,0.39,0.41,
CPRT,1998-05-13,0.41,0.41,0.41,0.41,
CPRT,1998-05-14,0.41,0.41,0.4,0.41,
CPRT,1998-05-15,0.41,0.42,0.41,0.41,
CPRT,1998-05-18,0.41,0.42,0.41,0.41,
CPRT,1998-05-19,0.41,0.42,0.41,0.41,
CPRT,1998-05-20,0.41,0.41,0.41,0.41,
CPRT,1998-05-21,0.41,0.41,0.38,0.38,
CPRT,1998-05-22,0.38,0.38,0.38,0.38,
CPRT,1998-05-26,0.39,0.39,0.37,0.37,
CPRT,1998-05-27,0.36,0.36,0.36,0.36,
CPRT,1998-05-28,0.37,0.38,0.36,0.38,
CPRT,1998-05-29,0.38,0.38,0.36,0.37,
CPRT,1998-06-01,0.37,0.37,0.37,0.37,
CPRT,1998-06-02,0.37,0.38,0.37,0.38,
CPRT,1998-06-03,0.38,0.38,0.38,0.38,
CPRT,1998-06-04,0.38,0.4,0.37,0.39,
CPRT,1998-06-05,0.39,0.42,0.38,0.38,
CPRT,1998-06-08,0.41,0.42,0.4,0.41,"Movers and Shakers 6-8-98 Arrow International , Stein Mart fall short"
CPRT,1998-06-09,0.4,0.42,0.4,0.4,
CPRT,1998-06-10,0.4,0.41,0.39,0.4,
CPRT,1998-06-11,0.4,0.41,0.4,0.41,
CPRT,1998-06-12,0.41,0.42,0.4,0.42,
CPRT,1998-06-15,0.41,0.42,0.41,0.42,
CPRT,1998-06-16,0.43,0.43,0.42,0.43,
CPRT,1998-06-17,0.43,0.44,0.42,0.43,
CPRT,1998-06-18,0.43,0.45,0.43,0.45,
CPRT,1998-06-19,0.44,0.46,0.44,0.45,
CPRT,1998-06-22,0.44,0.45,0.43,0.44,
CPRT,1998-06-23,0.44,0.45,0.44,0.44,
CPRT,1998-06-24,0.43,0.45,0.43,0.45,
CPRT,1998-06-25,0.45,0.46,0.45,0.46,
CPRT,1998-06-26,0.46,0.47,0.45,0.47,
CPRT,1998-06-29,0.47,0.49,0.47,0.49,
CPRT,1998-06-30,0.49,0.51,0.48,0.48,
CPRT,1998-07-01,0.48,0.48,0.45,0.45,
CPRT,1998-07-02,0.45,0.46,0.45,0.46,
CPRT,1998-07-06,0.45,0.48,0.45,0.48,
CPRT,1998-07-07,0.48,0.49,0.48,0.48,
CPRT,1998-07-08,0.49,0.49,0.48,0.49,
CPRT,1998-07-09,0.49,0.49,0.48,0.49,
CPRT,1998-07-10,0.49,0.5,0.48,0.5,
CPRT,1998-07-13,0.5,0.51,0.49,0.5,
CPRT,1998-07-14,0.5,0.51,0.49,0.49,
CPRT,1998-07-15,0.5,0.5,0.49,0.5,
CPRT,1998-07-16,0.49,0.5,0.49,0.49,
CPRT,1998-07-17,0.5,0.5,0.49,0.49,
CPRT,1998-07-20,0.49,0.5,0.49,0.5,
CPRT,1998-07-21,0.5,0.5,0.49,0.5,
CPRT,1998-07-22,0.5,0.5,0.49,0.5,
CPRT,1998-07-23,0.49,0.5,0.48,0.48,
CPRT,1998-07-24,0.48,0.49,0.43,0.44,
CPRT,1998-07-27,0.44,0.46,0.43,0.45,
CPRT,1998-07-28,0.45,0.45,0.42,0.43,
CPRT,1998-07-29,0.42,0.43,0.4,0.42,
CPRT,1998-07-30,0.45,0.47,0.45,0.45,
CPRT,1998-07-31,0.45,0.46,0.45,0.45,
CPRT,1998-08-03,0.44,0.45,0.44,0.45,
CPRT,1998-08-04,0.44,0.45,0.44,0.44,
CPRT,1998-08-05,0.44,0.45,0.44,0.45,
CPRT,1998-08-06,0.45,0.46,0.45,0.45,
CPRT,1998-08-07,0.45,0.48,0.45,0.47,
CPRT,1998-08-10,0.48,0.48,0.48,0.48,
CPRT,1998-08-11,0.46,0.52,0.45,0.48,
CPRT,1998-08-12,0.48,0.49,0.48,0.48,
CPRT,1998-08-13,0.47,0.48,0.46,0.48,
CPRT,1998-08-14,0.49,0.49,0.48,0.48,
CPRT,1998-08-17,0.47,0.49,0.47,0.49,
CPRT,1998-08-18,0.5,0.52,0.49,0.51,
CPRT,1998-08-19,0.52,0.52,0.51,0.52,
CPRT,1998-08-20,0.51,0.52,0.51,0.52,
CPRT,1998-08-21,0.51,0.52,0.51,0.52,
CPRT,1998-08-24,0.52,0.52,0.52,0.52,
CPRT,1998-08-25,0.51,0.52,0.48,0.49,
CPRT,1998-08-26,0.47,0.48,0.47,0.48,
CPRT,1998-08-27,0.46,0.46,0.43,0.44,
CPRT,1998-08-28,0.45,0.45,0.4,0.41,
CPRT,1998-08-31,0.41,0.41,0.35,0.4,
CPRT,1998-09-01,0.4,0.4,0.38,0.38,
CPRT,1998-09-02,0.4,0.4,0.38,0.39,
CPRT,1998-09-03,0.39,0.4,0.38,0.39,
CPRT,1998-09-04,0.36,0.39,0.36,0.38,
CPRT,1998-09-08,0.39,0.39,0.37,0.38,
CPRT,1998-09-09,0.38,0.38,0.34,0.36,
CPRT,1998-09-10,0.35,0.42,0.34,0.42,
CPRT,1998-09-11,0.41,0.44,0.4,0.42,
CPRT,1998-09-14,0.43,0.45,0.43,0.45,
CPRT,1998-09-15,0.42,0.48,0.42,0.46,
CPRT,1998-09-16,0.46,0.47,0.43,0.47,
CPRT,1998-09-17,0.43,0.47,0.43,0.47,
CPRT,1998-09-18,0.47,0.48,0.46,0.48,
CPRT,1998-09-21,0.49,0.49,0.46,0.47,
CPRT,1998-09-22,0.46,0.48,0.46,0.46,
CPRT,1998-09-23,0.48,0.48,0.46,0.47,
CPRT,1998-09-24,0.47,0.47,0.43,0.46,
CPRT,1998-09-25,0.45,0.45,0.43,0.45,
CPRT,1998-09-28,0.46,0.47,0.46,0.47,
CPRT,1998-09-29,0.47,0.47,0.45,0.46,
CPRT,1998-09-30,0.48,0.48,0.45,0.46,
CPRT,1998-10-01,0.46,0.48,0.44,0.47,
CPRT,1998-10-02,0.46,0.48,0.46,0.48,
CPRT,1998-10-05,0.48,0.48,0.45,0.46,
CPRT,1998-10-06,0.45,0.46,0.44,0.44,
CPRT,1998-10-07,0.44,0.44,0.35,0.39,
CPRT,1998-10-08,0.39,0.4,0.38,0.4,
CPRT,1998-10-09,0.4,0.42,0.39,0.4,
CPRT,1998-10-12,0.42,0.42,0.4,0.4,
CPRT,1998-10-13,0.39,0.41,0.39,0.4,
CPRT,1998-10-14,0.41,0.41,0.39,0.39,
CPRT,1998-10-15,0.4,0.42,0.4,0.41,
CPRT,1998-10-16,0.42,0.44,0.41,0.43,
CPRT,1998-10-19,0.44,0.44,0.43,0.43,
CPRT,1998-10-20,0.43,0.45,0.43,0.44,
CPRT,1998-10-21,0.43,0.44,0.43,0.44,
CPRT,1998-10-22,0.43,0.44,0.43,0.44,
CPRT,1998-10-23,0.43,0.48,0.43,0.43,
CPRT,1998-10-26,0.43,0.45,0.43,0.44,
CPRT,1998-10-27,0.45,0.46,0.45,0.46,
CPRT,1998-10-28,0.45,0.49,0.45,0.49,
CPRT,1998-10-29,0.48,0.48,0.45,0.46,
CPRT,1998-10-30,0.47,0.47,0.46,0.46,
CPRT,1998-11-02,0.46,0.48,0.46,0.48,
CPRT,1998-11-03,0.46,0.49,0.46,0.48,
CPRT,1998-11-04,0.48,0.49,0.47,0.47,
CPRT,1998-11-05,0.47,0.47,0.47,0.47,
CPRT,1998-11-06,0.47,0.48,0.46,0.48,
CPRT,1998-11-09,0.47,0.49,0.47,0.49,
CPRT,1998-11-10,0.48,0.52,0.48,0.51,
CPRT,1998-11-11,0.51,0.52,0.47,0.47,
CPRT,1998-11-12,0.46,0.48,0.46,0.46,
CPRT,1998-11-13,0.46,0.52,0.46,0.51,
CPRT,1998-11-16,0.5,0.51,0.49,0.49,
CPRT,1998-11-17,0.49,0.5,0.46,0.48,
CPRT,1998-11-18,0.49,0.49,0.47,0.49,
CPRT,1998-11-19,0.49,0.5,0.48,0.5,
CPRT,1998-11-20,0.48,0.5,0.48,0.5,
CPRT,1998-11-23,0.5,0.51,0.49,0.49,
CPRT,1998-11-24,0.49,0.51,0.47,0.5,
CPRT,1998-11-25,0.5,0.5,0.49,0.49,
CPRT,1998-11-27,0.49,0.49,0.49,0.49,
CPRT,1998-11-30,0.48,0.5,0.48,0.48,
CPRT,1998-12-01,0.49,0.5,0.49,0.5,
CPRT,1998-12-02,0.48,0.49,0.48,0.49,
CPRT,1998-12-03,0.49,0.5,0.48,0.48,
CPRT,1998-12-04,0.49,0.49,0.48,0.49,
CPRT,1998-12-07,0.48,0.49,0.48,0.48,
CPRT,1998-12-08,0.48,0.48,0.48,0.48,
CPRT,1998-12-09,0.49,0.49,0.48,0.49,
CPRT,1998-12-10,0.49,0.49,0.48,0.49,
CPRT,1998-12-11,0.49,0.5,0.49,0.49,
CPRT,1998-12-14,0.5,0.5,0.49,0.49,
CPRT,1998-12-15,0.49,0.5,0.49,0.49,
CPRT,1998-12-16,0.49,0.52,0.49,0.52,
CPRT,1998-12-17,0.52,0.54,0.52,0.52,
CPRT,1998-12-18,0.52,0.53,0.52,0.53,
CPRT,1998-12-21,0.53,0.55,0.53,0.55,
CPRT,1998-12-22,0.55,0.57,0.55,0.57,
CPRT,1998-12-23,0.56,0.57,0.55,0.57,
CPRT,1998-12-24,0.57,0.57,0.55,0.57,
CPRT,1998-12-28,0.55,0.57,0.55,0.55,
CPRT,1998-12-29,0.55,0.57,0.55,0.56,
CPRT,1998-12-30,0.55,0.58,0.55,0.58,
CPRT,1998-12-31,0.58,0.68,0.58,0.67,
CPRT,1999-01-04,0.69,0.69,0.59,0.61,
CPRT,1999-01-05,0.61,0.63,0.58,0.59,
CPRT,1999-01-06,0.61,0.62,0.6,0.61,
CPRT,1999-01-07,0.6,0.61,0.57,0.6,
CPRT,1999-01-08,0.6,0.6,0.59,0.6,
CPRT,1999-01-11,0.6,0.6,0.6,0.6,
CPRT,1999-01-12,0.6,0.6,0.57,0.58,
CPRT,1999-01-13,0.58,0.59,0.57,0.58,
CPRT,1999-01-14,0.58,0.6,0.57,0.58,
CPRT,1999-01-15,0.57,0.59,0.57,0.58,
CPRT,1999-01-19,0.59,0.6,0.59,0.6,
CPRT,1999-01-20,0.6,0.62,0.58,0.58,
CPRT,1999-01-21,0.58,0.58,0.55,0.56,
CPRT,1999-01-22,0.56,0.56,0.54,0.56,
CPRT,1999-01-25,0.56,0.58,0.55,0.58,
CPRT,1999-01-26,0.57,0.58,0.56,0.57,
CPRT,1999-01-27,0.58,0.59,0.57,0.58,
CPRT,1999-01-28,0.59,0.62,0.58,0.62,
CPRT,1999-01-29,0.62,0.66,0.62,0.65,
CPRT,1999-02-01,0.65,0.67,0.65,0.67,
CPRT,1999-02-02,0.68,0.7,0.68,0.7,
CPRT,1999-02-03,0.7,0.7,0.68,0.69,
CPRT,1999-02-04,0.7,0.7,0.68,0.69,
CPRT,1999-02-05,0.7,0.73,0.7,0.71,
CPRT,1999-02-08,0.74,0.74,0.7,0.71,
CPRT,1999-02-09,0.71,0.71,0.7,0.7,
CPRT,1999-02-10,0.68,0.7,0.68,0.69,
CPRT,1999-02-11,0.7,0.71,0.69,0.7,
CPRT,1999-02-12,0.71,0.71,0.7,0.71,
CPRT,1999-02-16,0.71,0.71,0.69,0.71,
CPRT,1999-02-17,0.69,0.71,0.69,0.69,
CPRT,1999-02-18,0.68,0.71,0.68,0.69,
CPRT,1999-02-19,0.69,0.7,0.67,0.68,
CPRT,1999-02-22,0.66,0.68,0.66,0.67,
CPRT,1999-02-23,0.67,0.71,0.67,0.71,
CPRT,1999-02-24,0.71,0.8,0.71,0.74,
CPRT,1999-02-25,0.75,0.75,0.71,0.71,
CPRT,1999-02-26,0.75,0.76,0.71,0.73,
CPRT,1999-03-01,0.73,0.73,0.67,0.69,
CPRT,1999-03-02,0.73,0.73,0.71,0.71,
CPRT,1999-03-03,0.74,0.77,0.7,0.72,
CPRT,1999-03-04,0.77,0.77,0.73,0.74,
CPRT,1999-03-05,0.77,0.77,0.75,0.76,
CPRT,1999-03-08,0.77,0.77,0.75,0.76,
CPRT,1999-03-09,0.77,0.77,0.76,0.77,
CPRT,1999-03-10,0.77,0.8,0.77,0.79,
CPRT,1999-03-11,0.79,0.81,0.78,0.8,
CPRT,1999-03-12,0.8,0.81,0.8,0.81,
CPRT,1999-03-15,0.82,0.86,0.8,0.84,
CPRT,1999-03-16,0.83,0.84,0.74,0.77,
CPRT,1999-03-17,0.76,0.78,0.72,0.72,
CPRT,1999-03-18,0.7,0.76,0.69,0.76,
CPRT,1999-03-19,0.76,0.77,0.75,0.75,
CPRT,1999-03-22,0.75,0.77,0.75,0.75,
CPRT,1999-03-23,0.75,0.8,0.75,0.79,
CPRT,1999-03-24,0.8,0.87,0.78,0.86,
CPRT,1999-03-25,0.86,0.87,0.85,0.86,
CPRT,1999-03-26,0.85,0.87,0.85,0.86,
CPRT,1999-03-29,0.86,0.86,0.83,0.84,
CPRT,1999-03-30,0.83,0.85,0.83,0.85,
CPRT,1999-03-31,0.83,0.86,0.8,0.86,
CPRT,1999-04-01,0.86,0.86,0.83,0.86,
CPRT,1999-04-05,0.86,0.87,0.84,0.85,
CPRT,1999-04-06,0.84,0.85,0.76,0.79,
CPRT,1999-04-07,0.78,0.8,0.77,0.79,
CPRT,1999-04-08,0.8,0.8,0.75,0.78,
CPRT,1999-04-09,0.78,0.81,0.76,0.81,
CPRT,1999-04-12,0.75,0.81,0.75,0.81,
CPRT,1999-04-13,0.86,0.94,0.85,0.93,
CPRT,1999-04-14,0.98,1.04,0.95,1.01,
CPRT,1999-04-15,1.0,1.01,0.91,0.91,
CPRT,1999-04-16,0.91,0.98,0.91,0.98,
CPRT,1999-04-19,0.96,0.99,0.9,0.91,
CPRT,1999-04-20,0.92,0.93,0.81,0.84,
CPRT,1999-04-21,0.87,0.95,0.85,0.95,
CPRT,1999-04-22,0.96,0.96,0.91,0.94,
CPRT,1999-04-23,0.93,0.93,0.86,0.91,
CPRT,1999-04-26,0.96,0.97,0.85,0.88,
CPRT,1999-04-27,0.93,0.93,0.84,0.85,
CPRT,1999-04-28,0.83,0.85,0.79,0.81,
CPRT,1999-04-29,0.83,0.84,0.8,0.82,
CPRT,1999-04-30,0.82,0.82,0.75,0.76,
CPRT,1999-05-03,0.75,0.79,0.71,0.73,
CPRT,1999-05-04,0.73,0.78,0.73,0.74,
CPRT,1999-05-05,0.75,0.77,0.73,0.74,
CPRT,1999-05-06,0.74,0.79,0.73,0.76,
CPRT,1999-05-07,0.76,0.79,0.74,0.75,
CPRT,1999-05-10,0.78,0.78,0.73,0.73,
CPRT,1999-05-11,0.75,0.75,0.64,0.71,
CPRT,1999-05-12,0.71,0.71,0.69,0.71,
CPRT,1999-05-13,0.71,0.73,0.7,0.71,
CPRT,1999-05-14,0.72,0.73,0.71,0.71,
CPRT,1999-05-17,0.72,0.72,0.71,0.71,
CPRT,1999-05-18,0.72,0.73,0.71,0.71,
CPRT,1999-05-19,0.72,0.82,0.71,0.82,
CPRT,1999-05-20,0.82,0.86,0.82,0.86,
CPRT,1999-05-21,0.86,0.88,0.78,0.78,
CPRT,1999-05-24,0.78,0.8,0.75,0.79,
CPRT,1999-05-25,0.79,0.8,0.75,0.76,
CPRT,1999-05-26,0.77,0.79,0.73,0.79,
CPRT,1999-05-27,0.78,0.79,0.78,0.78,
CPRT,1999-05-28,0.76,0.79,0.74,0.76,
CPRT,1999-06-01,0.77,0.89,0.77,0.81,
CPRT,1999-06-02,0.83,0.85,0.82,0.85,
CPRT,1999-06-03,0.86,0.88,0.85,0.85,
CPRT,1999-06-04,0.86,0.86,0.85,0.86,
CPRT,1999-06-07,0.87,0.92,0.87,0.9,
CPRT,1999-06-08,0.89,0.93,0.89,0.9,
CPRT,1999-06-09,0.9,0.92,0.89,0.9,
CPRT,1999-06-10,0.89,0.9,0.88,0.88,
CPRT,1999-06-11,0.88,0.88,0.82,0.85,
CPRT,1999-06-14,0.86,0.86,0.81,0.83,
CPRT,1999-06-15,0.81,0.82,0.8,0.82,
CPRT,1999-06-16,0.81,0.84,0.81,0.84,
CPRT,1999-06-17,0.85,0.89,0.85,0.89,
CPRT,1999-06-18,0.9,0.95,0.9,0.95,
CPRT,1999-06-21,0.95,0.96,0.9,0.93,
CPRT,1999-06-22,0.9,0.96,0.89,0.9,
CPRT,1999-06-23,0.9,0.92,0.89,0.92,
CPRT,1999-06-24,0.92,0.92,0.91,0.92,
CPRT,1999-06-25,0.91,0.92,0.91,0.91,
CPRT,1999-06-28,0.91,0.94,0.9,0.93,
CPRT,1999-06-29,0.9,0.93,0.9,0.92,
CPRT,1999-06-30,0.93,0.96,0.88,0.89,
CPRT,1999-07-01,0.88,0.93,0.88,0.93,
CPRT,1999-07-02,0.93,0.93,0.92,0.93,
CPRT,1999-07-06,0.92,0.93,0.92,0.92,
CPRT,1999-07-07,0.92,0.92,0.9,0.9,
CPRT,1999-07-08,0.9,0.92,0.88,0.89,
CPRT,1999-07-09,0.88,0.93,0.88,0.92,
CPRT,1999-07-12,0.92,1.0,0.92,1.0,
CPRT,1999-07-13,0.98,0.98,0.95,0.97,
CPRT,1999-07-14,0.95,1.07,0.95,1.02,
CPRT,1999-07-15,1.02,1.15,1.02,1.1,
CPRT,1999-07-16,1.1,1.1,1.04,1.04,
CPRT,1999-07-19,1.04,1.04,1.02,1.03,
CPRT,1999-07-20,1.03,1.03,0.94,0.96,
CPRT,1999-07-21,0.95,0.97,0.92,0.96,
CPRT,1999-07-22,0.95,0.96,0.94,0.96,
CPRT,1999-07-23,0.95,0.96,0.95,0.95,
CPRT,1999-07-26,0.94,0.94,0.89,0.92,
CPRT,1999-07-27,0.92,0.96,0.92,0.96,
CPRT,1999-07-28,0.96,0.97,0.94,0.96,
CPRT,1999-07-29,0.95,0.97,0.94,0.95,
CPRT,1999-07-30,0.95,1.01,0.95,1.0,
CPRT,1999-08-02,1.01,1.06,0.98,0.99,
CPRT,1999-08-03,0.98,1.02,0.92,0.97,
CPRT,1999-08-04,0.97,0.98,0.93,0.93,
CPRT,1999-08-05,0.95,0.97,0.89,0.9,
CPRT,1999-08-06,0.92,0.93,0.91,0.92,
CPRT,1999-08-09,0.93,0.94,0.93,0.93,
CPRT,1999-08-10,0.93,0.93,0.9,0.91,
CPRT,1999-08-11,0.91,0.93,0.9,0.93,
CPRT,1999-08-12,0.93,0.94,0.9,0.91,
CPRT,1999-08-13,0.93,0.96,0.92,0.96,
CPRT,1999-08-16,0.94,0.96,0.92,0.94,
CPRT,1999-08-17,0.93,0.96,0.92,0.95,
CPRT,1999-08-18,0.92,0.92,0.9,0.9,
CPRT,1999-08-19,0.92,0.92,0.9,0.9,
CPRT,1999-08-20,0.9,0.94,0.9,0.93,
CPRT,1999-08-23,0.91,0.93,0.9,0.93,
CPRT,1999-08-24,0.92,0.94,0.91,0.92,
CPRT,1999-08-25,0.93,0.97,0.9,0.96,
CPRT,1999-08-26,0.93,0.97,0.91,0.92,
CPRT,1999-08-27,0.92,0.93,0.9,0.9,
CPRT,1999-08-30,0.92,0.93,0.88,0.9,
CPRT,1999-08-31,0.91,0.92,0.89,0.91,
CPRT,1999-09-01,0.9,0.91,0.88,0.91,
CPRT,1999-09-02,0.88,0.92,0.83,0.9,
CPRT,1999-09-03,0.91,0.92,0.9,0.92,
CPRT,1999-09-07,0.9,0.92,0.89,0.92,
CPRT,1999-09-08,0.89,0.92,0.86,0.92,
CPRT,1999-09-09,0.91,0.92,0.91,0.91,
CPRT,1999-09-10,0.91,0.96,0.91,0.96,
CPRT,1999-09-13,0.94,0.95,0.92,0.95,
CPRT,1999-09-14,0.9,0.95,0.9,0.91,
CPRT,1999-09-15,0.9,0.92,0.89,0.92,
CPRT,1999-09-16,0.89,0.91,0.86,0.89,
CPRT,1999-09-17,0.87,0.92,0.86,0.89,
CPRT,1999-09-20,0.91,0.92,0.89,0.92,
CPRT,1999-09-21,0.94,0.94,0.86,0.89,
CPRT,1999-09-22,0.91,0.92,0.88,0.89,
CPRT,1999-09-23,0.89,0.93,0.86,0.87,
CPRT,1999-09-24,0.88,0.89,0.86,0.88,
CPRT,1999-09-27,0.87,0.89,0.86,0.87,
CPRT,1999-09-28,0.86,0.86,0.78,0.83,
CPRT,1999-09-29,0.83,0.83,0.8,0.81,
CPRT,1999-09-30,0.81,0.81,0.76,0.77,
CPRT,1999-10-01,0.77,0.78,0.58,0.75,
CPRT,1999-10-04,0.74,0.8,0.74,0.76,
CPRT,1999-10-05,0.75,0.85,0.75,0.8,
CPRT,1999-10-06,0.82,0.82,0.78,0.8,
CPRT,1999-10-07,0.79,0.79,0.78,0.79,
CPRT,1999-10-08,0.79,0.8,0.78,0.79,
CPRT,1999-10-11,0.79,0.82,0.79,0.82,
CPRT,1999-10-12,0.79,0.81,0.78,0.8,
CPRT,1999-10-13,0.8,0.8,0.79,0.79,
CPRT,1999-10-14,0.81,0.81,0.79,0.8,
CPRT,1999-10-15,0.83,0.9,0.83,0.89,
CPRT,1999-10-18,0.86,0.88,0.85,0.88,
CPRT,1999-10-19,0.88,0.9,0.87,0.89,
CPRT,1999-10-20,0.89,0.91,0.86,0.88,
CPRT,1999-10-21,0.86,0.96,0.86,0.92,
CPRT,1999-10-22,0.89,0.96,0.88,0.95,
CPRT,1999-10-25,0.95,0.96,0.92,0.92,
CPRT,1999-10-26,0.95,0.95,0.88,0.89,
CPRT,1999-10-27,0.89,0.91,0.89,0.91,
CPRT,1999-10-28,0.91,0.92,0.89,0.92,
CPRT,1999-10-29,0.92,0.97,0.91,0.96,
CPRT,1999-11-01,0.98,1.0,0.96,0.98,
CPRT,1999-11-02,0.95,0.97,0.95,0.95,
CPRT,1999-11-03,0.96,0.96,0.95,0.96,
CPRT,1999-11-04,0.95,0.96,0.94,0.96,
CPRT,1999-11-05,0.96,0.97,0.92,0.92,
CPRT,1999-11-08,0.92,0.94,0.91,0.92,
CPRT,1999-11-09,0.92,0.93,0.92,0.93,
CPRT,1999-11-10,0.93,0.93,0.9,0.91,
CPRT,1999-11-11,0.91,0.91,0.88,0.89,
CPRT,1999-11-12,0.9,0.9,0.89,0.89,
CPRT,1999-11-15,0.9,0.9,0.88,0.88,
CPRT,1999-11-16,0.89,0.94,0.89,0.94,
CPRT,1999-11-17,0.94,0.95,0.91,0.91,
CPRT,1999-11-18,0.94,0.94,0.9,0.92,
CPRT,1999-11-19,0.91,0.92,0.83,0.84,
CPRT,1999-11-22,0.83,0.9,0.83,0.88,
CPRT,1999-11-23,0.88,0.89,0.86,0.86,
CPRT,1999-11-24,0.87,0.88,0.85,0.85,
CPRT,1999-11-26,0.86,0.89,0.83,0.89,
CPRT,1999-11-29,0.89,0.9,0.86,0.89,Indications: Laser Vision rises after topping views NEW YORK (CBS.MW) --Shares of Laser Vision edged higher in evening trading Monday after the company reported better-than-expected earnings as revenue at the company doubled.
CPRT,1999-11-30,0.94,1.08,0.92,1.08,
CPRT,1999-12-01,1.05,1.17,1.04,1.16,"Stocks to watch: Aurora Biosciences, Yahoo and more SCREAMER: EPlus shares jumped 18 percent Tuesday after the supply-chain and asset-management e-commerce company announced that it is providing Proxicom with its EPlusSuite software. EPlus shares advanced 3 1/2 to close at 23. See Screamer."
CPRT,1999-12-02,1.16,1.17,1.15,1.17,
CPRT,1999-12-03,1.17,1.17,1.16,1.16,
CPRT,1999-12-06,1.17,1.22,1.17,1.21,
CPRT,1999-12-07,1.22,1.23,1.19,1.22,
CPRT,1999-12-08,1.22,1.22,1.13,1.15,
CPRT,1999-12-09,1.17,1.17,1.11,1.12,
CPRT,1999-12-10,1.12,1.14,1.11,1.12,
CPRT,1999-12-13,1.11,1.24,1.11,1.21,
CPRT,1999-12-14,1.2,1.21,1.16,1.17,
CPRT,1999-12-15,1.17,1.17,1.12,1.14,
CPRT,1999-12-16,1.14,1.17,1.13,1.16,
CPRT,1999-12-17,1.17,1.31,1.17,1.31,
CPRT,1999-12-20,1.32,1.44,1.28,1.34,
CPRT,1999-12-21,1.33,1.42,1.33,1.42,
CPRT,1999-12-22,1.42,1.42,1.37,1.42,
CPRT,1999-12-23,1.38,1.47,1.38,1.47,
CPRT,1999-12-27,1.47,1.73,1.47,1.71,
CPRT,1999-12-28,1.88,2.16,1.69,1.75,
CPRT,1999-12-29,1.75,1.8,1.66,1.67,
CPRT,1999-12-30,1.7,1.71,1.66,1.7,
CPRT,1999-12-31,1.71,1.81,1.68,1.81,
CPRT,2000-01-03,1.8,1.83,1.44,1.62,
CPRT,2000-01-04,1.55,1.55,1.39,1.42,
CPRT,2000-01-05,1.43,1.46,1.4,1.41,
CPRT,2000-01-06,1.41,1.45,1.29,1.31,
CPRT,2000-01-07,1.32,1.48,1.31,1.46,
CPRT,2000-01-10,1.49,1.51,1.46,1.48,
CPRT,2000-01-11,1.47,1.48,1.42,1.42,
CPRT,2000-01-12,1.46,1.46,1.42,1.43,
CPRT,2000-01-13,1.45,1.45,1.42,1.44,
CPRT,2000-01-14,1.44,1.46,1.44,1.46,
CPRT,2000-01-18,1.46,1.47,1.46,1.47,
CPRT,2000-01-19,1.47,1.55,1.46,1.51,
CPRT,2000-01-20,1.55,1.64,1.54,1.64,
CPRT,2000-01-21,1.65,1.66,1.58,1.62,
CPRT,2000-01-24,1.59,1.65,1.59,1.62,
CPRT,2000-01-25,1.67,1.67,1.29,1.63,
CPRT,2000-01-26,1.52,1.58,1.42,1.5,
CPRT,2000-01-27,1.58,1.58,1.36,1.48,
CPRT,2000-01-28,1.48,1.53,1.47,1.51,
CPRT,2000-01-31,1.51,1.52,1.35,1.42,
CPRT,2000-02-01,1.48,1.53,1.44,1.46,
CPRT,2000-02-02,1.5,1.54,1.48,1.52,
CPRT,2000-02-03,1.54,1.58,1.5,1.57,
CPRT,2000-02-04,1.57,1.57,1.54,1.57,
CPRT,2000-02-07,1.6,1.61,1.58,1.61,
CPRT,2000-02-08,1.62,1.65,1.6,1.61,
CPRT,2000-02-09,1.61,1.69,1.61,1.67,
CPRT,2000-02-10,1.66,1.84,1.66,1.84,
CPRT,2000-02-11,1.84,1.84,1.71,1.73,
CPRT,2000-02-14,1.73,1.79,1.71,1.78,
CPRT,2000-02-15,1.8,1.8,1.77,1.78,
CPRT,2000-02-16,1.77,1.81,1.77,1.8,
CPRT,2000-02-17,1.81,1.82,1.74,1.77,
CPRT,2000-02-18,1.77,1.77,1.74,1.75,
CPRT,2000-02-22,1.74,1.78,1.7,1.78,
CPRT,2000-02-23,1.78,1.79,1.71,1.74,
CPRT,2000-02-24,1.73,1.75,1.58,1.67,
CPRT,2000-02-25,1.7,1.7,1.61,1.64,
CPRT,2000-02-28,1.92,1.98,1.67,1.81,
CPRT,2000-02-29,1.85,1.9,1.58,1.75,
CPRT,2000-03-01,1.74,1.78,1.71,1.75,
CPRT,2000-03-02,1.68,1.75,1.46,1.56,
CPRT,2000-03-03,1.58,1.58,1.42,1.44,
CPRT,2000-03-06,1.44,1.48,1.25,1.41,
CPRT,2000-03-07,1.44,1.44,1.34,1.38,
CPRT,2000-03-08,1.38,1.53,1.38,1.47,
CPRT,2000-03-09,1.47,1.48,1.41,1.46,
CPRT,2000-03-10,1.46,1.49,1.41,1.41,
CPRT,2000-03-13,1.42,1.55,1.4,1.5,
CPRT,2000-03-14,1.52,1.52,1.41,1.45,
CPRT,2000-03-15,1.44,1.45,1.33,1.39,
CPRT,2000-03-16,1.42,1.46,1.31,1.46,
CPRT,2000-03-17,1.25,1.5,1.25,1.48,
CPRT,2000-03-20,1.48,1.54,1.47,1.52,
CPRT,2000-03-21,1.54,1.61,1.52,1.61,
CPRT,2000-03-22,1.6,1.63,1.54,1.58,
CPRT,2000-03-23,1.58,1.58,1.5,1.53,
CPRT,2000-03-24,1.51,1.61,1.47,1.47,
CPRT,2000-03-27,1.5,1.53,1.48,1.48,
CPRT,2000-03-28,1.49,1.5,1.48,1.48,
CPRT,2000-03-29,1.49,1.58,1.47,1.47,
CPRT,2000-03-30,1.48,1.49,1.41,1.42,
CPRT,2000-03-31,1.46,1.49,1.44,1.46,
CPRT,2000-04-03,1.48,1.54,1.44,1.52,
CPRT,2000-04-04,1.49,1.58,1.36,1.49,"Stocks to watch: Oracle, NovaMed, Safety-Kleen and more SCREAMER: BindView shares plummeted 65 percent after the company warned that it expects to post a net loss of between 2 and 4 cents a share for the first quarter. Analysts polled by First Call expected the company to break even. The company sees sales at $16 million in the quarter, up from $12.7 million in the comparable period a year earlier. The company is slated to report quarterly results April 19. Shares lost 16 11/16 to close at 8 7/8 Tuesday. See Screamers."
CPRT,2000-04-05,1.5,1.52,1.42,1.45,
CPRT,2000-04-06,1.45,1.62,1.45,1.55,
CPRT,2000-04-07,1.59,1.62,1.57,1.58,
CPRT,2000-04-10,1.59,1.6,1.54,1.56,
CPRT,2000-04-11,1.51,1.55,1.49,1.53,
CPRT,2000-04-12,1.55,1.62,1.53,1.58,
CPRT,2000-04-13,1.55,1.62,1.55,1.57,
CPRT,2000-04-14,1.61,1.61,1.48,1.54,
CPRT,2000-04-17,1.49,1.51,1.45,1.5,
CPRT,2000-04-18,1.5,1.58,1.43,1.47,
CPRT,2000-04-19,1.51,1.52,1.46,1.46,
CPRT,2000-04-20,1.46,1.49,1.42,1.45,
CPRT,2000-04-24,1.42,1.45,1.38,1.38,
CPRT,2000-04-25,1.45,1.52,1.38,1.52,
CPRT,2000-04-26,1.48,1.51,1.46,1.46,
CPRT,2000-04-27,1.49,1.49,1.45,1.46,
CPRT,2000-04-28,1.49,1.52,1.43,1.44,
CPRT,2000-05-01,1.42,1.5,1.42,1.5,
CPRT,2000-05-02,1.5,1.52,1.42,1.42,
CPRT,2000-05-03,1.51,1.52,1.42,1.48,
CPRT,2000-05-04,1.46,1.5,1.45,1.5,
CPRT,2000-05-05,1.45,1.53,1.43,1.52,
CPRT,2000-05-08,1.5,1.5,1.43,1.44,
CPRT,2000-05-09,1.46,1.5,1.45,1.5,
CPRT,2000-05-10,1.44,1.49,1.42,1.47,
CPRT,2000-05-11,1.45,1.51,1.45,1.51,
CPRT,2000-05-12,1.45,1.5,1.42,1.44,
CPRT,2000-05-15,1.46,1.51,1.44,1.51,
CPRT,2000-05-16,1.51,1.58,1.44,1.47,
CPRT,2000-05-17,1.49,1.49,1.43,1.44,
CPRT,2000-05-18,1.46,1.47,1.43,1.44,
CPRT,2000-05-19,1.43,1.44,1.43,1.43,
CPRT,2000-05-22,1.43,1.44,1.39,1.42,
CPRT,2000-05-23,1.41,1.45,1.39,1.43,
CPRT,2000-05-24,1.42,1.47,1.42,1.45,
CPRT,2000-05-25,1.45,1.48,1.45,1.45,
CPRT,2000-05-26,1.44,1.45,1.43,1.44,
CPRT,2000-05-30,1.47,1.47,1.42,1.45,
CPRT,2000-05-31,1.46,1.48,1.44,1.48,
CPRT,2000-06-01,1.46,1.51,1.45,1.5,
CPRT,2000-06-02,1.47,1.52,1.46,1.48,
CPRT,2000-06-05,1.48,1.5,1.46,1.49,
CPRT,2000-06-06,1.49,1.52,1.49,1.49,
CPRT,2000-06-07,1.49,1.52,1.48,1.5,
CPRT,2000-06-08,1.5,1.67,1.49,1.57,
CPRT,2000-06-09,1.58,1.58,1.52,1.55,
CPRT,2000-06-12,1.55,1.56,1.52,1.52,
CPRT,2000-06-13,1.52,1.53,1.43,1.51,
CPRT,2000-06-14,1.52,1.52,1.46,1.48,
CPRT,2000-06-15,1.49,1.52,1.44,1.52,
CPRT,2000-06-16,1.54,1.54,1.46,1.49,
CPRT,2000-06-19,1.48,1.48,1.4,1.43,
CPRT,2000-06-20,1.41,1.48,1.39,1.45,
CPRT,2000-06-21,1.42,1.44,1.39,1.42,
CPRT,2000-06-22,1.4,1.44,1.35,1.35,
CPRT,2000-06-23,1.38,1.41,1.31,1.34,
CPRT,2000-06-26,1.35,1.4,1.33,1.39,
CPRT,2000-06-27,1.4,1.42,1.37,1.39,
CPRT,2000-06-28,1.4,1.46,1.36,1.46,
CPRT,2000-06-29,1.41,1.47,1.29,1.3,
CPRT,2000-06-30,1.37,1.39,1.31,1.33,
CPRT,2000-07-03,1.33,1.36,1.27,1.29,
CPRT,2000-07-05,1.3,1.3,1.26,1.26,
CPRT,2000-07-06,1.27,1.3,1.22,1.25,
CPRT,2000-07-07,1.25,1.25,1.19,1.22,
CPRT,2000-07-10,1.21,1.22,1.12,1.14,
CPRT,2000-07-11,1.15,1.16,1.05,1.11,
CPRT,2000-07-12,1.2,1.28,1.15,1.23,
CPRT,2000-07-13,1.24,1.24,1.19,1.21,
CPRT,2000-07-14,1.21,1.23,1.19,1.19,
CPRT,2000-07-17,1.2,1.22,1.19,1.21,
CPRT,2000-07-18,1.21,1.21,1.16,1.16,
CPRT,2000-07-19,1.21,1.21,1.15,1.16,
CPRT,2000-07-20,1.19,1.21,1.15,1.16,
CPRT,2000-07-21,1.17,1.19,1.15,1.15,
CPRT,2000-07-24,1.17,1.17,1.11,1.11,
CPRT,2000-07-25,1.13,1.13,1.04,1.07,
CPRT,2000-07-26,1.08,1.14,1.04,1.14,
CPRT,2000-07-27,1.14,1.15,1.04,1.08,
CPRT,2000-07-28,1.12,1.12,1.08,1.1,
CPRT,2000-07-31,1.1,1.17,1.03,1.1,
CPRT,2000-08-01,1.13,1.2,1.09,1.19,
CPRT,2000-08-02,1.17,1.21,1.16,1.17,
CPRT,2000-08-03,1.07,1.21,1.07,1.19,
CPRT,2000-08-04,1.22,1.24,1.17,1.2,
CPRT,2000-08-07,1.23,1.28,1.22,1.28,
CPRT,2000-08-08,1.28,1.32,1.28,1.31,
CPRT,2000-08-09,1.32,1.32,1.3,1.3,
CPRT,2000-08-10,1.3,1.3,1.3,1.3,
CPRT,2000-08-11,1.29,1.31,1.29,1.31,
CPRT,2000-08-14,1.31,1.33,1.3,1.33,
CPRT,2000-08-15,1.32,1.34,1.31,1.33,
CPRT,2000-08-16,1.33,1.38,1.33,1.33,
CPRT,2000-08-17,1.32,1.35,1.32,1.34,
CPRT,2000-08-18,1.35,1.39,1.33,1.35,
CPRT,2000-08-21,1.34,1.38,1.33,1.34,
CPRT,2000-08-22,1.39,1.39,1.3,1.3,
CPRT,2000-08-23,1.3,1.34,1.3,1.33,
CPRT,2000-08-24,1.33,1.36,1.33,1.33,
CPRT,2000-08-25,1.36,1.36,1.31,1.32,
CPRT,2000-08-28,1.35,1.35,1.3,1.34,
CPRT,2000-08-29,1.33,1.42,1.32,1.42,
CPRT,2000-08-30,1.42,1.43,1.39,1.41,
CPRT,2000-08-31,1.42,1.43,1.37,1.41,
CPRT,2000-09-01,1.43,1.44,1.41,1.41,
CPRT,2000-09-05,1.42,1.42,1.4,1.41,
CPRT,2000-09-06,1.4,1.41,1.33,1.41,
CPRT,2000-09-07,1.42,1.44,1.33,1.43,
CPRT,2000-09-08,1.41,1.42,1.37,1.38,
CPRT,2000-09-11,1.38,1.41,1.35,1.4,
CPRT,2000-09-12,1.4,1.41,1.35,1.36,
CPRT,2000-09-13,1.4,1.41,1.35,1.38,
CPRT,2000-09-14,1.4,1.4,1.33,1.35,
CPRT,2000-09-15,1.31,1.35,1.27,1.27,
CPRT,2000-09-18,1.28,1.28,1.18,1.2,
CPRT,2000-09-19,1.28,1.44,1.23,1.44,
CPRT,2000-09-20,1.37,1.38,1.27,1.27,
CPRT,2000-09-21,1.25,1.29,1.22,1.25,
CPRT,2000-09-22,1.22,1.33,1.19,1.32,
CPRT,2000-09-25,1.3,1.3,1.16,1.16,
CPRT,2000-09-26,1.18,1.21,1.17,1.19,
CPRT,2000-09-27,1.23,1.29,1.18,1.18,
CPRT,2000-09-28,1.19,1.2,1.16,1.2,
CPRT,2000-09-29,1.19,1.2,1.16,1.16,
CPRT,2000-10-02,1.14,1.19,1.12,1.17,
CPRT,2000-10-03,1.19,1.19,1.16,1.19,
CPRT,2000-10-04,1.17,1.27,1.17,1.23,
CPRT,2000-10-05,1.24,1.24,1.19,1.22,
CPRT,2000-10-06,1.21,1.22,1.17,1.17,
CPRT,2000-10-09,1.21,1.21,1.15,1.18,
CPRT,2000-10-10,1.13,1.2,1.12,1.17,
CPRT,2000-10-11,1.14,1.17,1.0,1.11,
CPRT,2000-10-12,1.1,1.19,1.06,1.15,
CPRT,2000-10-13,1.12,1.17,1.12,1.12,
CPRT,2000-10-16,1.15,1.2,1.14,1.14,
CPRT,2000-10-17,1.12,1.16,1.04,1.04,
CPRT,2000-10-18,1.04,1.11,1.02,1.11,
CPRT,2000-10-19,1.06,1.17,1.06,1.16,
CPRT,2000-10-20,1.17,1.17,1.12,1.17,
CPRT,2000-10-23,1.17,1.17,1.09,1.14,
CPRT,2000-10-24,1.15,1.17,1.15,1.17,
CPRT,2000-10-25,1.17,1.17,1.14,1.16,
CPRT,2000-10-26,1.16,1.17,1.1,1.11,
CPRT,2000-10-27,1.09,1.21,1.08,1.2,
CPRT,2000-10-30,1.15,1.28,1.12,1.21,
CPRT,2000-10-31,1.25,1.27,1.22,1.26,
CPRT,2000-11-01,1.24,1.27,1.22,1.25,
CPRT,2000-11-02,1.2,1.31,1.2,1.3,
CPRT,2000-11-03,1.28,1.35,1.25,1.34,
CPRT,2000-11-06,1.34,1.34,1.31,1.32,
CPRT,2000-11-07,1.33,1.36,1.3,1.36,
CPRT,2000-11-08,1.36,1.36,1.31,1.34,
CPRT,2000-11-09,1.32,1.35,1.31,1.34,
CPRT,2000-11-10,1.34,1.34,1.32,1.32,
CPRT,2000-11-13,1.31,1.36,1.24,1.36,
CPRT,2000-11-14,1.37,1.38,1.3,1.35,
CPRT,2000-11-15,1.36,1.42,1.33,1.42,
CPRT,2000-11-16,1.4,1.42,1.37,1.41,
CPRT,2000-11-17,1.4,1.42,1.36,1.42,
CPRT,2000-11-20,1.36,1.36,1.3,1.31,
CPRT,2000-11-21,1.34,1.4,1.34,1.39,
CPRT,2000-11-22,1.34,1.41,1.29,1.33,
CPRT,2000-11-24,1.33,1.37,1.32,1.37,"U.S. stocks to watch: C-Cor.net, Copart, more C-Cor.net said it's been notified by AT&T Broadband to hold shipment of pending orders for the remainder of the calendar year as part of AT&T's year-end budget balancing process. The company said that the notice ""is not expected to have a material effect on the financial results for the current quarter."" Shares of C.Cor Net fell $2.31, or 19 percent, to $9.63 on Friday. Antec also plunged more than 21 percent after the company made a similar announcement, earlier in the day, that AT&T has asked it to halt shipments."
CPRT,2000-11-27,1.38,1.39,1.25,1.31,"Stocks to watch: Altera, Cognex, Covad and more Altera said John Daane will become president and chief executive, effective Nov. 30. Daane will replace Rodney Smith, who announced late last year his intention to retire. Daane was executive vice president of LSI Logic's communications products group. Altera shares closed down $3.88, or 12 percent, to $27.31. LSI shares closed down $1.38, or 6.1 percent, to $21.06."
CPRT,2000-11-28,1.34,1.45,1.33,1.44,
CPRT,2000-11-29,1.46,1.53,1.45,1.47,
CPRT,2000-11-30,1.48,1.51,1.42,1.42,
CPRT,2000-12-01,1.43,1.54,1.43,1.5,
CPRT,2000-12-04,1.51,1.51,1.45,1.46,
CPRT,2000-12-05,1.45,1.49,1.45,1.49,
CPRT,2000-12-06,1.48,1.5,1.43,1.43,
CPRT,2000-12-07,1.46,1.49,1.44,1.47,
CPRT,2000-12-08,1.49,1.51,1.45,1.46,
CPRT,2000-12-11,1.47,1.51,1.45,1.46,
CPRT,2000-12-12,1.48,1.57,1.46,1.56,
CPRT,2000-12-13,1.56,1.58,1.55,1.55,
CPRT,2000-12-14,1.56,1.58,1.53,1.56,
CPRT,2000-12-15,1.51,1.56,1.5,1.56,
CPRT,2000-12-18,1.54,1.68,1.54,1.66,
CPRT,2000-12-19,1.67,1.73,1.56,1.57,
CPRT,2000-12-20,1.52,1.59,1.42,1.54,
CPRT,2000-12-21,1.54,1.62,1.54,1.59,
CPRT,2000-12-22,1.59,1.71,1.59,1.69,
CPRT,2000-12-26,1.68,1.73,1.64,1.67,
CPRT,2000-12-27,1.67,1.74,1.62,1.69,
CPRT,2000-12-28,1.69,1.83,1.69,1.81,
CPRT,2000-12-29,1.81,1.86,1.79,1.79,
CPRT,2001-01-02,1.71,1.71,1.57,1.6,
CPRT,2001-01-03,1.57,1.67,1.56,1.66,
CPRT,2001-01-04,1.6,1.73,1.6,1.61,
CPRT,2001-01-05,1.61,1.63,1.54,1.62,
CPRT,2001-01-08,1.58,1.62,1.5,1.62,
CPRT,2001-01-09,1.58,1.6,1.53,1.55,
CPRT,2001-01-10,1.53,1.57,1.52,1.52,
CPRT,2001-01-11,1.52,1.53,1.39,1.49,
CPRT,2001-01-12,1.47,1.5,1.47,1.49,
CPRT,2001-01-16,1.48,1.48,1.41,1.44,
CPRT,2001-01-17,1.42,1.46,1.36,1.4,
CPRT,2001-01-18,1.4,1.43,1.39,1.42,
CPRT,2001-01-19,1.45,1.45,1.42,1.42,
CPRT,2001-01-22,1.44,1.5,1.35,1.48,
CPRT,2001-01-23,1.43,1.54,1.41,1.52,
CPRT,2001-01-24,1.48,1.51,1.45,1.45,
CPRT,2001-01-25,1.45,1.53,1.44,1.5,
CPRT,2001-01-26,1.52,1.55,1.49,1.52,
CPRT,2001-01-29,1.51,1.56,1.49,1.56,
CPRT,2001-01-30,1.52,1.59,1.52,1.57,
CPRT,2001-01-31,1.61,1.61,1.54,1.57,
CPRT,2001-02-01,1.56,1.56,1.52,1.55,
CPRT,2001-02-02,1.54,1.55,1.5,1.5,
CPRT,2001-02-05,1.51,1.55,1.46,1.51,
CPRT,2001-02-06,1.5,1.56,1.5,1.54,
CPRT,2001-02-07,1.54,1.59,1.54,1.58,
CPRT,2001-02-08,1.6,1.7,1.58,1.62,
CPRT,2001-02-09,1.62,1.64,1.54,1.56,
CPRT,2001-02-12,1.53,1.75,1.53,1.64,
CPRT,2001-02-13,1.66,1.71,1.65,1.66,
CPRT,2001-02-14,1.66,1.66,1.58,1.6,
CPRT,2001-02-15,1.61,1.69,1.61,1.69,
CPRT,2001-02-16,1.64,1.69,1.62,1.63,
CPRT,2001-02-20,1.62,1.66,1.59,1.61,
CPRT,2001-02-21,1.59,1.66,1.59,1.61,
CPRT,2001-02-22,1.61,1.68,1.59,1.65,
CPRT,2001-02-23,1.64,1.67,1.6,1.66,
CPRT,2001-02-26,1.65,1.72,1.63,1.71,
CPRT,2001-02-27,1.74,1.74,1.51,1.52,
CPRT,2001-02-28,1.55,1.59,1.52,1.58,
CPRT,2001-03-01,1.56,1.76,1.55,1.7,
CPRT,2001-03-02,1.7,1.7,1.65,1.69,
CPRT,2001-03-05,1.66,1.8,1.66,1.75,
CPRT,2001-03-06,1.77,1.77,1.7,1.7,
CPRT,2001-03-07,1.74,1.76,1.73,1.75,
CPRT,2001-03-08,1.75,1.8,1.73,1.79,
CPRT,2001-03-09,1.75,1.83,1.74,1.82,
CPRT,2001-03-12,1.78,1.79,1.66,1.67,
CPRT,2001-03-13,1.67,1.69,1.57,1.67,
CPRT,2001-03-14,1.61,1.71,1.61,1.66,
CPRT,2001-03-15,1.67,1.69,1.6,1.63,
CPRT,2001-03-16,1.65,1.65,1.56,1.57,
CPRT,2001-03-19,1.59,1.6,1.56,1.57,
CPRT,2001-03-20,1.61,1.69,1.6,1.62,
CPRT,2001-03-21,1.62,1.65,1.57,1.57,
CPRT,2001-03-22,1.56,1.56,1.46,1.5,
CPRT,2001-03-23,1.51,1.55,1.51,1.54,
CPRT,2001-03-26,1.52,1.67,1.52,1.66,
CPRT,2001-03-27,1.66,1.68,1.64,1.67,
CPRT,2001-03-28,1.66,1.67,1.63,1.66,
CPRT,2001-03-29,1.66,1.67,1.64,1.66,
CPRT,2001-03-30,1.65,1.74,1.63,1.71,
CPRT,2001-04-02,1.7,1.7,1.65,1.66,
CPRT,2001-04-03,1.67,1.67,1.63,1.66,
CPRT,2001-04-04,1.63,1.68,1.63,1.64,
CPRT,2001-04-05,1.66,1.67,1.65,1.67,
CPRT,2001-04-06,1.67,1.67,1.62,1.63,
CPRT,2001-04-09,1.63,1.67,1.63,1.65,
CPRT,2001-04-10,1.66,1.75,1.66,1.74,
CPRT,2001-04-11,1.75,1.81,1.75,1.79,
CPRT,2001-04-12,1.81,1.88,1.79,1.87,
CPRT,2001-04-16,1.97,1.97,1.81,1.81,
CPRT,2001-04-17,1.81,1.94,1.75,1.94,
CPRT,2001-04-18,1.96,2.01,1.88,1.88,
CPRT,2001-04-19,1.91,1.98,1.88,1.92,
CPRT,2001-04-20,1.95,1.95,1.85,1.88,
CPRT,2001-04-23,1.89,1.95,1.88,1.9,
CPRT,2001-04-24,1.92,1.92,1.85,1.86,
CPRT,2001-04-25,1.85,1.87,1.8,1.87,
CPRT,2001-04-26,1.88,1.9,1.86,1.87,
CPRT,2001-04-27,1.89,1.92,1.86,1.92,
CPRT,2001-04-30,1.94,1.98,1.91,1.91,
CPRT,2001-05-01,1.92,2.01,1.92,2.0,
CPRT,2001-05-02,2.07,2.08,2.01,2.02,
CPRT,2001-05-03,2.04,2.05,1.87,1.97,
CPRT,2001-05-04,1.95,1.98,1.93,1.95,
CPRT,2001-05-07,2.02,2.02,1.89,1.91,
CPRT,2001-05-08,1.92,1.92,1.9,1.91,
CPRT,2001-05-09,1.89,1.9,1.85,1.87,
CPRT,2001-05-10,1.92,1.92,1.88,1.89,
CPRT,2001-05-11,1.89,1.9,1.88,1.89,
CPRT,2001-05-14,1.9,1.95,1.88,1.89,
CPRT,2001-05-15,1.88,1.89,1.81,1.83,
CPRT,2001-05-16,1.86,1.86,1.79,1.81,
CPRT,2001-05-17,1.84,1.87,1.83,1.84,
CPRT,2001-05-18,1.83,1.85,1.81,1.83,
CPRT,2001-05-21,1.85,1.91,1.84,1.86,
CPRT,2001-05-22,1.86,1.91,1.84,1.91,
CPRT,2001-05-23,1.91,1.98,1.89,1.91,
CPRT,2001-05-24,1.92,1.96,1.9,1.92,
CPRT,2001-05-25,1.93,1.93,1.88,1.88,
CPRT,2001-05-29,1.9,1.93,1.89,1.92,
CPRT,2001-05-30,2.02,2.05,1.88,1.88,"Stocks to Watch: Interwoven, Nvidia, PacificCare Interwoven rolled out its content collaboration software. The announcement, made after Wednesday's closing bell, follows Interwoven's acceptance as an original equipment manufacturer by IBM in February. The bundled offering is now available via IBM. Interwoven shares closed down $1.97, or 10 percent, at $16.95 but rose to $17.55 after hours."
CPRT,2001-05-31,1.88,2.03,1.88,2.0,
CPRT,2001-06-01,2.06,2.08,2.0,2.08,
CPRT,2001-06-04,2.08,2.22,2.08,2.14,
CPRT,2001-06-05,2.18,2.19,2.15,2.16,
CPRT,2001-06-06,2.17,2.17,2.1,2.12,
CPRT,2001-06-07,2.13,2.14,2.12,2.13,
CPRT,2001-06-08,2.14,2.2,2.12,2.14,
CPRT,2001-06-11,2.17,2.19,2.14,2.15,
CPRT,2001-06-12,2.08,2.1,1.86,2.08,
CPRT,2001-06-13,2.08,2.1,2.04,2.08,
CPRT,2001-06-14,2.08,2.09,2.04,2.04,
CPRT,2001-06-15,2.0,2.08,1.99,2.05,
CPRT,2001-06-18,2.07,2.12,2.05,2.07,
CPRT,2001-06-19,2.09,2.1,2.02,2.02,
CPRT,2001-06-20,2.02,2.1,2.01,2.07,
CPRT,2001-06-21,2.07,2.28,2.07,2.25,
CPRT,2001-06-22,2.3,2.3,2.2,2.2,
CPRT,2001-06-25,2.3,2.33,2.22,2.29,
CPRT,2001-06-26,2.29,2.36,2.28,2.34,
CPRT,2001-06-27,2.35,2.56,2.34,2.51,
CPRT,2001-06-28,2.55,2.58,2.4,2.44,
CPRT,2001-06-29,2.46,2.46,2.42,2.44,
CPRT,2001-07-02,2.46,2.5,2.31,2.4,
CPRT,2001-07-03,2.32,2.37,2.25,2.28,
CPRT,2001-07-05,2.21,2.36,2.2,2.34,
CPRT,2001-07-06,2.33,2.38,2.16,2.33,
CPRT,2001-07-09,2.32,2.32,2.2,2.29,
CPRT,2001-07-10,2.28,2.32,2.25,2.28,
CPRT,2001-07-11,2.27,2.36,2.25,2.33,
CPRT,2001-07-12,2.35,2.44,2.34,2.42,
CPRT,2001-07-13,2.44,2.5,2.35,2.41,
CPRT,2001-07-16,2.42,2.45,2.31,2.33,
CPRT,2001-07-17,2.28,2.45,2.28,2.44,
CPRT,2001-07-18,2.42,2.52,2.42,2.46,
CPRT,2001-07-19,2.48,2.48,2.34,2.45,
CPRT,2001-07-20,2.45,2.47,2.39,2.42,
CPRT,2001-07-23,2.46,2.46,2.38,2.42,
CPRT,2001-07-24,2.42,2.43,2.38,2.41,
CPRT,2001-07-25,2.42,2.43,2.39,2.43,
CPRT,2001-07-26,2.43,2.44,2.41,2.44,
CPRT,2001-07-27,2.42,2.45,2.34,2.35,
CPRT,2001-07-30,2.37,2.4,2.34,2.37,
CPRT,2001-07-31,2.4,2.41,2.29,2.37,
CPRT,2001-08-01,2.37,2.37,2.29,2.33,
CPRT,2001-08-02,2.33,2.4,2.33,2.4,
CPRT,2001-08-03,2.4,2.4,2.32,2.34,
CPRT,2001-08-06,2.34,2.39,2.25,2.29,
CPRT,2001-08-07,2.29,2.29,2.19,2.25,
CPRT,2001-08-08,2.2,2.28,2.14,2.2,
CPRT,2001-08-09,2.18,2.2,2.05,2.12,
CPRT,2001-08-10,2.06,2.12,2.05,2.06,
CPRT,2001-08-13,2.04,2.05,1.96,2.02,
CPRT,2001-08-14,2.02,2.07,1.98,2.06,
CPRT,2001-08-15,2.06,2.15,2.05,2.14,
CPRT,2001-08-16,2.07,2.13,2.02,2.1,
CPRT,2001-08-17,2.1,2.1,2.06,2.08,
CPRT,2001-08-20,2.07,2.11,2.02,2.06,
CPRT,2001-08-21,2.08,2.1,2.03,2.03,
CPRT,2001-08-22,2.03,2.07,1.86,2.01,
CPRT,2001-08-23,1.98,2.03,1.98,2.01,
CPRT,2001-08-24,2.01,2.06,2.0,2.05,
CPRT,2001-08-27,2.06,2.08,1.97,2.03,U.S. stocks seesaw to lower close NEW YORK (CBS.MW) -- U.S. stocks seesawed between modest gains and losses before closing lower Monday as investors braced for a series of economic figures that are likely to show the world's largest economy continues to contract.
CPRT,2001-08-28,2.02,2.05,1.97,1.97,
CPRT,2001-08-29,1.98,2.01,1.97,2.01,
CPRT,2001-08-30,1.99,2.04,1.99,2.02,
CPRT,2001-08-31,2.01,2.07,2.0,2.05,
CPRT,2001-09-04,2.07,2.15,2.05,2.08,
CPRT,2001-09-05,2.09,2.12,2.04,2.09,
CPRT,2001-09-06,2.08,2.08,2.03,2.06,
CPRT,2001-09-07,2.05,2.06,1.93,2.01,
CPRT,2001-09-10,1.98,2.03,1.98,2.0,
CPRT,2001-09-17,1.94,1.95,1.81,1.91,
CPRT,2001-09-18,2.04,2.12,2.0,2.0,
CPRT,2001-09-19,2.0,2.12,1.97,2.11,"New York Times, Immunex, Expedia and more Semiconductor component and toolmaker AXT cut its financial targets for the third quarter due to ""weaker than expected demand for gallium arsenide and indium phosphide substrates, as well as for opto-electronic products,"" according to a statement. AXT said to expect a loss of 4 cents to 6 cents a share on revenue of $22 million to $23 million. Previously, AXT said to expect revenue of $26 million to $28 million. Also, the Fremont, Calif.-based company said to expect a ""substantial decline"" in substrate-related sales in the fourth quarter on a sequential basis. Actual third quarter results will be reported on Oct. 24. The quarter ends on Sep. 30. AXT shares closed down 71 cents, or 5.4 percent, to $12.45 -- a two-year low."
CPRT,2001-09-20,2.07,2.11,2.01,2.05,
CPRT,2001-09-21,2.02,2.02,1.9,1.97,
CPRT,2001-09-24,2.02,2.27,2.02,2.25,"Research Reports Comments from investment analysts on several companies, each withbuy/hold/sell recommendations."
CPRT,2001-09-25,2.28,2.33,2.25,2.28,
CPRT,2001-09-26,2.3,2.3,2.19,2.27,
CPRT,2001-09-27,2.25,2.35,2.22,2.31,
CPRT,2001-09-28,2.32,2.39,2.31,2.33,
CPRT,2001-10-01,2.36,2.39,2.32,2.34,
CPRT,2001-10-02,2.34,2.5,2.33,2.49,
CPRT,2001-10-03,2.51,2.76,2.48,2.67,
CPRT,2001-10-04,2.73,2.75,2.63,2.7,
CPRT,2001-10-05,2.67,2.71,2.52,2.69,
CPRT,2001-10-08,2.67,2.77,2.56,2.59,
CPRT,2001-10-09,2.59,2.7,2.58,2.65,
CPRT,2001-10-10,2.65,2.77,2.65,2.74,
CPRT,2001-10-11,2.83,2.96,2.81,2.85,
CPRT,2001-10-12,2.88,2.91,2.71,2.8,
CPRT,2001-10-15,2.81,2.81,2.72,2.74,
CPRT,2001-10-16,2.76,2.79,2.62,2.67,
CPRT,2001-10-17,2.68,2.72,2.49,2.66,
CPRT,2001-10-18,2.68,2.82,2.67,2.68,
CPRT,2001-10-19,2.69,2.77,2.67,2.75,
CPRT,2001-10-22,2.71,2.71,2.58,2.6,
CPRT,2001-10-23,2.55,2.58,2.41,2.47,
CPRT,2001-10-24,2.37,2.56,2.36,2.53,
CPRT,2001-10-25,2.55,2.68,2.48,2.66,
CPRT,2001-10-26,2.67,2.68,2.56,2.63,
CPRT,2001-10-29,2.6,2.62,2.46,2.51,
CPRT,2001-10-30,2.5,2.51,2.44,2.46,
CPRT,2001-10-31,2.45,2.53,2.38,2.45,
CPRT,2001-11-01,2.48,2.61,2.45,2.58,
CPRT,2001-11-02,2.61,2.7,2.51,2.67,
CPRT,2001-11-05,2.7,2.72,2.63,2.67,
CPRT,2001-11-06,2.68,2.71,2.63,2.71,
CPRT,2001-11-07,2.73,2.82,2.7,2.76,
CPRT,2001-11-08,2.76,2.82,2.73,2.78,
CPRT,2001-11-09,2.79,2.81,2.71,2.73,
CPRT,2001-11-12,2.77,2.77,2.54,2.55,
CPRT,2001-11-13,2.55,2.58,2.42,2.49,
CPRT,2001-11-14,2.52,2.6,2.52,2.56,
CPRT,2001-11-15,2.56,2.57,2.45,2.5,
CPRT,2001-11-16,2.5,2.55,2.48,2.5,
CPRT,2001-11-19,2.47,2.54,2.46,2.5,
CPRT,2001-11-20,2.51,2.64,2.5,2.55,
CPRT,2001-11-21,2.56,2.57,2.46,2.5,
CPRT,2001-11-23,2.51,2.57,2.5,2.53,
CPRT,2001-11-26,2.57,2.76,2.54,2.73,
CPRT,2001-11-27,2.8,2.86,2.69,2.85,
CPRT,2001-11-28,2.88,3.01,2.77,2.79,
CPRT,2001-11-29,2.76,2.81,2.74,2.79,
CPRT,2001-11-30,2.79,2.9,2.79,2.86,
CPRT,2001-12-03,2.88,2.89,2.75,2.81,
CPRT,2001-12-04,2.83,2.97,2.81,2.95,
CPRT,2001-12-05,3.01,3.11,2.99,3.0,
CPRT,2001-12-06,3.02,3.06,2.88,2.97,
CPRT,2001-12-07,2.92,3.02,2.91,2.97,
CPRT,2001-12-10,2.92,2.97,2.84,2.88,
CPRT,2001-12-11,2.89,2.98,2.85,2.9,
CPRT,2001-12-12,2.91,2.95,2.72,2.84,
CPRT,2001-12-13,2.83,2.86,2.78,2.81,
CPRT,2001-12-14,2.78,2.93,2.78,2.92,
CPRT,2001-12-17,2.94,3.05,2.94,3.05,
CPRT,2001-12-18,3.07,3.14,3.05,3.11,
CPRT,2001-12-19,3.12,3.19,3.05,3.15,
CPRT,2001-12-20,3.15,3.17,3.01,3.03,
CPRT,2001-12-21,3.03,3.07,2.97,3.03,
CPRT,2001-12-24,3.04,3.16,3.04,3.16,
CPRT,2001-12-26,3.17,3.23,3.16,3.21,
CPRT,2001-12-27,3.22,3.23,3.14,3.18,
CPRT,2001-12-28,3.18,3.21,3.07,3.1,
CPRT,2001-12-31,3.1,3.11,2.99,3.03,
CPRT,2002-01-02,3.05,3.07,2.89,2.95,
CPRT,2002-01-03,2.98,3.12,2.98,3.05,
CPRT,2002-01-04,3.16,3.17,2.77,2.89,
CPRT,2002-01-07,2.88,2.94,2.81,2.83,
CPRT,2002-01-08,2.83,2.85,2.69,2.73,
CPRT,2002-01-09,2.71,2.85,2.7,2.72,
CPRT,2002-01-10,2.71,2.77,2.63,2.74,
CPRT,2002-01-11,2.75,2.81,2.71,2.76,
CPRT,2002-01-14,2.75,2.79,2.6,2.63,
CPRT,2002-01-15,2.59,2.68,2.59,2.66,
CPRT,2002-01-16,2.65,2.73,2.64,2.72,
CPRT,2002-01-17,2.73,2.76,2.71,2.74,
CPRT,2002-01-18,2.75,2.76,2.7,2.72,
CPRT,2002-01-22,2.67,2.74,2.6,2.71,
CPRT,2002-01-23,2.72,2.75,2.64,2.71,
CPRT,2002-01-24,2.94,2.97,2.8,2.86,
CPRT,2002-01-25,2.86,2.91,2.77,2.77,
CPRT,2002-01-28,2.79,2.91,2.79,2.88,
CPRT,2002-01-29,2.95,2.98,2.81,2.81,
CPRT,2002-01-30,2.84,2.9,2.78,2.79,
CPRT,2002-01-31,2.81,2.92,2.78,2.83,
CPRT,2002-02-01,2.83,2.98,2.83,2.88,
CPRT,2002-02-04,2.91,2.98,2.88,2.94,
CPRT,2002-02-05,2.94,3.03,2.91,2.98,
CPRT,2002-02-06,2.99,2.99,2.83,2.9,
CPRT,2002-02-07,2.93,2.97,2.83,2.85,
CPRT,2002-02-08,2.89,2.95,2.8,2.91,
CPRT,2002-02-11,2.92,2.94,2.85,2.86,
CPRT,2002-02-12,2.83,2.87,2.83,2.84,
CPRT,2002-02-13,2.86,2.9,2.83,2.88,
CPRT,2002-02-14,2.87,2.89,2.83,2.85,
CPRT,2002-02-15,2.85,2.87,2.79,2.81,
CPRT,2002-02-19,2.81,2.85,2.66,2.68,
CPRT,2002-02-20,2.68,2.72,2.6,2.66,
CPRT,2002-02-21,2.67,2.7,2.46,2.56,
CPRT,2002-02-22,2.56,2.64,2.54,2.6,
CPRT,2002-02-25,2.63,2.68,2.5,2.54,
CPRT,2002-02-26,2.56,2.6,2.44,2.49,
CPRT,2002-02-27,2.46,2.48,2.1,2.14,
CPRT,2002-02-28,2.12,2.26,2.12,2.17,
CPRT,2002-03-01,2.16,2.23,2.1,2.19,
CPRT,2002-03-04,2.11,2.13,1.92,2.12,
CPRT,2002-03-05,2.12,2.2,2.0,2.19,
CPRT,2002-03-06,2.21,2.22,2.11,2.17,
CPRT,2002-03-07,2.2,2.24,2.07,2.1,
CPRT,2002-03-08,2.17,2.22,2.11,2.14,
CPRT,2002-03-11,2.17,2.23,2.09,2.09,
CPRT,2002-03-12,2.09,2.13,2.03,2.08,
CPRT,2002-03-13,2.1,2.11,2.01,2.04,
CPRT,2002-03-14,2.05,2.09,2.01,2.05,
CPRT,2002-03-15,2.06,2.08,2.0,2.04,
CPRT,2002-03-18,2.02,2.08,2.0,2.06,
CPRT,2002-03-19,2.09,2.17,2.06,2.15,
CPRT,2002-03-20,2.13,2.29,2.12,2.24,
CPRT,2002-03-21,2.29,2.29,2.21,2.25,
CPRT,2002-03-22,2.28,2.29,2.2,2.23,
CPRT,2002-03-25,2.23,2.23,2.13,2.16,
CPRT,2002-03-26,2.16,2.21,2.13,2.18,
CPRT,2002-03-27,2.18,2.23,2.16,2.18,
CPRT,2002-03-28,2.21,2.28,2.18,2.24,
CPRT,2002-04-01,2.22,2.26,2.16,2.23,
CPRT,2002-04-02,2.24,2.28,2.2,2.22,
CPRT,2002-04-03,2.22,2.27,2.17,2.24,
CPRT,2002-04-04,2.26,2.31,2.2,2.25,
CPRT,2002-04-05,2.26,2.31,2.2,2.27,
CPRT,2002-04-08,2.25,2.33,2.21,2.33,
CPRT,2002-04-09,2.33,2.35,2.26,2.27,
CPRT,2002-04-10,2.27,2.39,2.26,2.38,
CPRT,2002-04-11,2.4,2.44,2.31,2.36,
CPRT,2002-04-12,2.37,2.42,2.35,2.42,
CPRT,2002-04-15,2.43,2.46,2.35,2.37,
CPRT,2002-04-16,2.36,2.39,2.33,2.38,
CPRT,2002-04-17,2.39,2.42,2.27,2.28,
CPRT,2002-04-18,2.27,2.3,2.14,2.17,
CPRT,2002-04-19,2.12,2.18,2.03,2.07,
CPRT,2002-04-22,2.08,2.11,2.0,2.05,
CPRT,2002-04-23,2.03,2.16,2.01,2.09,
CPRT,2002-04-24,2.09,2.12,2.07,2.09,
CPRT,2002-04-25,2.08,2.11,2.05,2.11,
CPRT,2002-04-26,2.07,2.09,1.97,1.97,
CPRT,2002-04-29,1.97,1.98,1.83,1.91,
CPRT,2002-04-30,1.89,1.95,1.87,1.92,
CPRT,2002-05-01,1.93,1.96,1.79,1.84,
CPRT,2002-05-02,1.83,1.92,1.82,1.89,
CPRT,2002-05-03,1.9,1.93,1.88,1.9,
CPRT,2002-05-06,1.9,2.01,1.89,1.98,
CPRT,2002-05-07,1.97,2.01,1.94,1.97,
CPRT,2002-05-08,1.99,2.05,1.98,2.05,
CPRT,2002-05-09,2.1,2.12,2.02,2.11,
CPRT,2002-05-10,2.13,2.18,2.11,2.15,
CPRT,2002-05-13,2.17,2.18,2.08,2.18,
CPRT,2002-05-14,2.16,2.18,2.11,2.18,Investment newsletters' least-favored stocks NEW YORK (CBS.MW) - Last week I listed a few of the stocks that are most popular among investment newsletters tracked by the Hulbert Financial Digest. This week I am focusing on the other side of the coin: Stocks that these services like the least.
CPRT,2002-05-15,2.18,2.22,2.16,2.2,
CPRT,2002-05-16,2.21,2.21,2.16,2.18,
CPRT,2002-05-17,2.21,2.21,2.14,2.17,
CPRT,2002-05-20,2.17,2.2,2.16,2.17,
CPRT,2002-05-21,2.2,2.2,2.13,2.17,
CPRT,2002-05-22,2.17,2.19,2.12,2.15,
CPRT,2002-05-23,2.18,2.22,2.13,2.15,
CPRT,2002-05-24,2.17,2.17,2.13,2.13,
CPRT,2002-05-28,2.16,2.16,2.09,2.11,
CPRT,2002-05-29,2.1,2.11,2.05,2.08,
CPRT,2002-05-30,2.08,2.09,2.02,2.08,
CPRT,2002-05-31,2.08,2.08,2.05,2.05,
CPRT,2002-06-03,2.05,2.07,1.99,2.04,
CPRT,2002-06-04,2.04,2.11,2.01,2.08,
CPRT,2002-06-05,2.11,2.12,2.06,2.11,
CPRT,2002-06-06,2.12,2.14,2.09,2.09,
CPRT,2002-06-07,2.09,2.09,2.05,2.08,
CPRT,2002-06-10,2.09,2.15,2.08,2.11,
CPRT,2002-06-11,2.12,2.15,2.03,2.04,
CPRT,2002-06-12,2.06,2.06,2.01,2.04,
CPRT,2002-06-13,2.04,2.05,1.99,1.99,
CPRT,2002-06-14,1.99,2.06,1.99,2.06,
CPRT,2002-06-17,2.06,2.11,2.03,2.1,
CPRT,2002-06-18,2.12,2.15,2.0,2.01,
CPRT,2002-06-19,2.01,2.04,1.99,2.01,
CPRT,2002-06-20,2.03,2.03,1.99,2.01,
CPRT,2002-06-21,2.01,2.05,1.99,2.02,
CPRT,2002-06-24,2.03,2.04,1.99,2.01,
CPRT,2002-06-25,2.0,2.06,2.0,2.0,
CPRT,2002-06-26,1.96,2.04,1.96,2.02,
CPRT,2002-06-27,2.04,2.06,2.0,2.04,
CPRT,2002-06-28,2.03,2.07,2.0,2.03,
CPRT,2002-07-01,2.03,2.03,1.97,1.99,
CPRT,2002-07-02,2.02,2.03,1.96,1.97,
CPRT,2002-07-03,1.9,1.99,1.88,1.97,
CPRT,2002-07-05,1.94,2.06,1.94,2.05,
CPRT,2002-07-08,2.02,2.07,2.01,2.05,
CPRT,2002-07-09,2.05,2.05,1.96,1.97,
CPRT,2002-07-10,1.99,2.0,1.87,1.88,
CPRT,2002-07-11,1.87,1.89,1.8,1.88,
CPRT,2002-07-12,1.89,1.89,1.79,1.84,
CPRT,2002-07-15,1.83,1.84,1.79,1.83,
CPRT,2002-07-16,1.81,1.82,1.76,1.77,
CPRT,2002-07-17,1.77,1.86,1.67,1.78,
CPRT,2002-07-18,1.79,1.79,1.69,1.71,
CPRT,2002-07-19,1.7,1.71,1.63,1.67,
CPRT,2002-07-22,1.66,1.68,1.48,1.58,
CPRT,2002-07-23,1.58,1.64,1.56,1.59,
CPRT,2002-07-24,1.58,1.59,1.47,1.52,
CPRT,2002-07-25,1.55,1.61,1.52,1.57,
CPRT,2002-07-26,1.57,1.64,1.53,1.62,
CPRT,2002-07-29,1.66,1.7,1.66,1.69,
CPRT,2002-07-30,1.7,1.7,1.63,1.67,
CPRT,2002-07-31,1.64,1.7,1.64,1.66,
CPRT,2002-08-01,1.66,1.68,1.63,1.63,
CPRT,2002-08-02,1.66,1.66,1.57,1.6,
CPRT,2002-08-05,1.59,1.6,1.48,1.5,
CPRT,2002-08-06,1.53,1.61,1.48,1.51,
CPRT,2002-08-07,1.55,1.55,1.44,1.5,
CPRT,2002-08-08,1.5,1.53,1.44,1.47,
CPRT,2002-08-09,1.47,1.52,1.4,1.46,
CPRT,2002-08-12,1.46,1.52,1.44,1.49,
CPRT,2002-08-13,1.5,1.52,1.44,1.48,
CPRT,2002-08-14,1.49,1.49,1.44,1.47,
CPRT,2002-08-15,1.47,1.49,1.46,1.47,
CPRT,2002-08-16,1.49,1.5,1.47,1.48,
CPRT,2002-08-19,1.49,1.64,1.49,1.61,
CPRT,2002-08-20,1.62,1.69,1.61,1.67,
CPRT,2002-08-21,1.74,1.74,1.69,1.74,
CPRT,2002-08-22,1.74,1.79,1.7,1.78,
CPRT,2002-08-23,1.8,1.81,1.73,1.76,
CPRT,2002-08-26,1.77,1.8,1.72,1.8,
CPRT,2002-08-27,1.8,1.82,1.73,1.73,
CPRT,2002-08-28,1.75,1.76,1.69,1.72,
CPRT,2002-08-29,1.7,1.78,1.69,1.78,
CPRT,2002-08-30,1.76,1.8,1.74,1.76,
CPRT,2002-09-03,1.74,1.74,1.66,1.7,
CPRT,2002-09-04,1.7,1.74,1.64,1.74,
CPRT,2002-09-05,1.72,1.73,1.64,1.65,
CPRT,2002-09-06,1.68,1.83,1.66,1.83,
CPRT,2002-09-09,1.83,1.86,1.74,1.84,
CPRT,2002-09-10,1.86,1.86,1.8,1.84,
CPRT,2002-09-11,1.83,1.86,1.8,1.82,
CPRT,2002-09-12,1.81,1.82,1.76,1.79,
CPRT,2002-09-13,1.78,1.82,1.77,1.82,
CPRT,2002-09-16,1.79,1.86,1.79,1.83,
CPRT,2002-09-17,1.86,1.86,1.77,1.8,
CPRT,2002-09-18,1.24,1.35,1.09,1.3,"Stocks to Watch: EDS, BellSouth, Merrill Lynch Stocks making significant moves in Wednesday's U.S. equity trading."
CPRT,2002-09-19,1.29,1.35,1.25,1.31,
CPRT,2002-09-20,1.35,1.35,1.25,1.31,
CPRT,2002-09-23,1.3,1.32,1.29,1.31,
CPRT,2002-09-24,1.28,1.32,1.26,1.29,
CPRT,2002-09-25,1.29,1.34,1.29,1.33,
CPRT,2002-09-26,1.35,1.36,1.3,1.34,
CPRT,2002-09-27,1.35,1.4,1.32,1.37,
CPRT,2002-09-30,1.37,1.39,1.33,1.36,
CPRT,2002-10-01,1.36,1.39,1.33,1.37,
CPRT,2002-10-02,1.35,1.41,1.35,1.37,
CPRT,2002-10-03,1.37,1.4,1.34,1.37,
CPRT,2002-10-04,1.36,1.38,1.33,1.33,
CPRT,2002-10-07,1.33,1.38,1.33,1.34,
CPRT,2002-10-08,1.3,1.34,1.25,1.28,
CPRT,2002-10-09,1.27,1.27,1.22,1.23,
CPRT,2002-10-10,1.23,1.35,1.23,1.35,
CPRT,2002-10-11,1.35,1.41,1.35,1.38,
CPRT,2002-10-14,1.38,1.39,1.36,1.37,
CPRT,2002-10-15,1.38,1.42,1.38,1.38,
CPRT,2002-10-16,1.37,1.4,1.36,1.37,
CPRT,2002-10-17,1.39,1.42,1.36,1.38,
CPRT,2002-10-18,1.37,1.41,1.36,1.38,
CPRT,2002-10-21,1.38,1.38,1.37,1.37,
CPRT,2002-10-22,1.38,1.44,1.36,1.38,
CPRT,2002-10-23,1.39,1.42,1.37,1.4,
CPRT,2002-10-24,1.4,1.4,1.36,1.38,
CPRT,2002-10-25,1.38,1.41,1.35,1.38,
CPRT,2002-10-28,1.37,1.4,1.33,1.33,
CPRT,2002-10-29,1.33,1.33,1.28,1.31,
CPRT,2002-10-30,1.31,1.33,1.28,1.31,
CPRT,2002-10-31,1.34,1.38,1.32,1.33,
CPRT,2002-11-01,1.36,1.39,1.32,1.39,
CPRT,2002-11-04,1.4,1.4,1.35,1.35,
CPRT,2002-11-05,1.36,1.37,1.34,1.35,
CPRT,2002-11-06,1.37,1.38,1.33,1.37,
CPRT,2002-11-07,1.38,1.38,1.34,1.34,
CPRT,2002-11-08,1.33,1.36,1.32,1.33,
CPRT,2002-11-11,1.31,1.33,1.29,1.3,
CPRT,2002-11-12,1.29,1.32,1.29,1.31,
CPRT,2002-11-13,1.31,1.36,1.3,1.32,
CPRT,2002-11-14,1.33,1.34,1.31,1.33,
CPRT,2002-11-15,1.32,1.43,1.27,1.43,
CPRT,2002-11-18,1.42,1.48,1.41,1.41,
CPRT,2002-11-19,1.4,1.46,1.4,1.46,
CPRT,2002-11-20,1.46,1.54,1.46,1.52,
CPRT,2002-11-21,1.53,1.56,1.47,1.55,
CPRT,2002-11-22,1.55,1.61,1.53,1.58,
CPRT,2002-11-25,1.58,1.6,1.57,1.6,
CPRT,2002-11-26,1.6,1.6,1.5,1.51,
CPRT,2002-11-27,1.52,1.56,1.51,1.53,
CPRT,2002-11-29,1.54,1.55,1.51,1.51,
CPRT,2002-12-02,1.51,1.59,1.51,1.56,
CPRT,2002-12-03,1.56,1.56,1.53,1.54,
CPRT,2002-12-04,1.54,1.58,1.52,1.55,
CPRT,2002-12-05,1.55,1.56,1.51,1.52,
CPRT,2002-12-06,1.53,1.57,1.51,1.57,
CPRT,2002-12-09,1.56,1.57,1.48,1.48,
CPRT,2002-12-10,1.48,1.52,1.47,1.51,
CPRT,2002-12-11,1.52,1.52,1.46,1.49,
CPRT,2002-12-12,1.48,1.49,1.42,1.43,
CPRT,2002-12-13,1.44,1.44,1.38,1.42,
CPRT,2002-12-16,1.42,1.44,1.41,1.44,
CPRT,2002-12-17,1.43,1.47,1.42,1.45,
CPRT,2002-12-18,1.44,1.46,1.44,1.45,
CPRT,2002-12-19,1.46,1.49,1.44,1.46,
CPRT,2002-12-20,1.48,1.58,1.46,1.52,
CPRT,2002-12-23,1.51,1.53,1.48,1.49,
CPRT,2002-12-24,1.48,1.52,1.48,1.5,
CPRT,2002-12-26,1.49,1.52,1.48,1.5,
CPRT,2002-12-27,1.48,1.51,1.46,1.48,
CPRT,2002-12-30,1.48,1.49,1.46,1.48,
CPRT,2002-12-31,1.47,1.51,1.46,1.48,
CPRT,2003-01-02,1.49,1.53,1.48,1.53,
CPRT,2003-01-03,1.51,1.53,1.45,1.5,
CPRT,2003-01-06,1.5,1.52,1.49,1.51,
CPRT,2003-01-07,1.51,1.52,1.48,1.51,
CPRT,2003-01-08,1.5,1.51,1.47,1.47,
CPRT,2003-01-09,1.48,1.54,1.48,1.54,
CPRT,2003-01-10,1.54,1.55,1.51,1.52,
CPRT,2003-01-13,1.52,1.55,1.52,1.54,
CPRT,2003-01-14,1.53,1.56,1.53,1.56,
CPRT,2003-01-15,1.56,1.58,1.55,1.56,
CPRT,2003-01-16,1.56,1.58,1.52,1.54,
CPRT,2003-01-17,1.53,1.55,1.49,1.5,
CPRT,2003-01-21,1.5,1.5,1.47,1.48,
CPRT,2003-01-22,1.49,1.49,1.38,1.4,
CPRT,2003-01-23,1.4,1.43,1.35,1.35,
CPRT,2003-01-24,1.37,1.37,1.29,1.31,
CPRT,2003-01-27,1.31,1.31,1.26,1.31,
CPRT,2003-01-28,1.29,1.41,1.29,1.33,
CPRT,2003-01-29,1.32,1.33,1.29,1.31,
CPRT,2003-01-30,1.31,1.33,1.28,1.28,
CPRT,2003-01-31,1.28,1.31,1.28,1.28,
CPRT,2003-02-03,1.3,1.31,1.24,1.27,
CPRT,2003-02-04,1.27,1.27,1.25,1.26,
CPRT,2003-02-05,1.26,1.27,1.21,1.22,
CPRT,2003-02-06,1.21,1.24,1.14,1.24,
CPRT,2003-02-07,1.24,1.31,1.24,1.25,
CPRT,2003-02-10,1.26,1.28,1.2,1.21,
CPRT,2003-02-11,1.22,1.25,1.19,1.2,
CPRT,2003-02-12,1.2,1.21,1.16,1.18,
CPRT,2003-02-13,1.16,1.18,1.14,1.16,
CPRT,2003-02-14,1.16,1.2,1.14,1.18,
CPRT,2003-02-18,1.18,1.22,1.17,1.19,
CPRT,2003-02-19,1.11,1.12,0.88,0.91,
CPRT,2003-02-20,0.93,0.96,0.9,0.93,
CPRT,2003-02-21,0.95,1.01,0.93,1.0,
CPRT,2003-02-24,0.98,0.99,0.95,0.95,
CPRT,2003-02-25,0.94,0.96,0.92,0.94,
CPRT,2003-02-26,0.95,0.97,0.94,0.95,
CPRT,2003-02-27,0.95,1.0,0.95,0.96,
CPRT,2003-02-28,0.96,0.99,0.96,0.98,
CPRT,2003-03-03,0.98,0.99,0.96,0.96,
CPRT,2003-03-04,0.96,0.97,0.94,0.95,
CPRT,2003-03-05,0.95,0.96,0.94,0.96,
CPRT,2003-03-06,0.95,0.95,0.93,0.94,
CPRT,2003-03-07,0.93,0.94,0.92,0.93,
CPRT,2003-03-10,0.93,0.94,0.89,0.9,
CPRT,2003-03-11,0.89,0.91,0.88,0.88,
CPRT,2003-03-12,0.88,0.89,0.87,0.88,
CPRT,2003-03-13,0.89,0.93,0.88,0.93,
CPRT,2003-03-14,0.93,0.93,0.9,0.92,
CPRT,2003-03-17,0.91,0.94,0.9,0.93,
CPRT,2003-03-18,0.93,0.96,0.93,0.96,
CPRT,2003-03-19,0.94,0.97,0.94,0.95,
CPRT,2003-03-20,0.96,0.98,0.94,0.97,
CPRT,2003-03-21,1.0,1.0,0.97,0.98,
CPRT,2003-03-24,0.98,0.98,0.95,0.97,
CPRT,2003-03-25,0.96,0.98,0.95,0.97,
CPRT,2003-03-26,0.98,1.0,0.95,0.99,
CPRT,2003-03-27,0.98,1.01,0.98,0.99,
CPRT,2003-03-28,0.99,1.0,0.98,1.0,
CPRT,2003-03-31,0.91,0.97,0.91,0.96,
CPRT,2003-04-01,0.97,0.98,0.94,0.95,
CPRT,2003-04-02,0.97,0.99,0.96,0.98,
CPRT,2003-04-03,0.96,0.98,0.96,0.96,
CPRT,2003-04-04,0.96,1.0,0.96,1.0,
CPRT,2003-04-07,1.0,1.06,1.0,1.02,
CPRT,2003-04-08,1.02,1.04,1.01,1.02,
CPRT,2003-04-09,1.02,1.04,1.01,1.04,
CPRT,2003-04-10,1.04,1.09,1.02,1.03,
CPRT,2003-04-11,1.03,1.04,1.0,1.0,
CPRT,2003-04-14,1.0,1.06,1.0,1.05,
CPRT,2003-04-15,1.06,1.06,1.01,1.02,
CPRT,2003-04-16,1.02,1.02,0.96,0.98,
CPRT,2003-04-17,0.98,1.0,0.97,1.0,
CPRT,2003-04-21,1.02,1.02,0.98,1.0,
CPRT,2003-04-22,0.98,1.01,0.98,1.0,
CPRT,2003-04-23,1.0,1.01,1.0,1.01,
CPRT,2003-04-24,0.99,1.02,0.99,1.0,
CPRT,2003-04-25,1.0,1.01,0.98,0.99,
CPRT,2003-04-28,1.01,1.01,0.98,1.0,
CPRT,2003-04-29,1.03,1.04,1.0,1.02,
CPRT,2003-04-30,1.04,1.05,1.01,1.05,
CPRT,2003-05-01,1.04,1.05,1.02,1.04,
CPRT,2003-05-02,1.04,1.08,1.04,1.07,
CPRT,2003-05-05,1.09,1.1,1.05,1.07,
CPRT,2003-05-06,1.06,1.08,1.05,1.07,
CPRT,2003-05-07,1.07,1.08,1.06,1.07,
CPRT,2003-05-08,1.07,1.08,1.06,1.07,
CPRT,2003-05-09,1.09,1.1,1.06,1.09,
CPRT,2003-05-12,1.09,1.12,1.08,1.12,
CPRT,2003-05-13,1.13,1.13,1.1,1.11,
CPRT,2003-05-14,1.11,1.15,1.04,1.13,
CPRT,2003-05-15,1.11,1.16,1.11,1.14,
CPRT,2003-05-16,1.14,1.15,1.11,1.11,
CPRT,2003-05-19,1.09,1.16,1.08,1.08,
CPRT,2003-05-20,1.09,1.1,1.06,1.08,
CPRT,2003-05-21,1.08,1.09,1.07,1.08,
CPRT,2003-05-22,1.08,1.13,1.06,1.12,
CPRT,2003-05-23,1.13,1.14,1.12,1.12,
CPRT,2003-05-27,1.11,1.14,1.09,1.12,
CPRT,2003-05-28,1.12,1.14,1.11,1.11,
CPRT,2003-05-29,1.12,1.13,1.11,1.13,
CPRT,2003-05-30,1.12,1.13,1.11,1.12,
CPRT,2003-06-02,1.11,1.18,1.11,1.17,
CPRT,2003-06-03,1.17,1.19,1.15,1.17,
CPRT,2003-06-04,1.17,1.22,1.17,1.22,
CPRT,2003-06-05,1.22,1.28,1.21,1.25,
CPRT,2003-06-06,1.26,1.28,1.23,1.23,
CPRT,2003-06-09,1.24,1.25,1.23,1.23,
CPRT,2003-06-10,1.23,1.25,1.23,1.25,
CPRT,2003-06-11,1.25,1.25,1.23,1.25,
CPRT,2003-06-12,1.25,1.26,1.23,1.24,
CPRT,2003-06-13,1.24,1.26,1.22,1.25,
CPRT,2003-06-16,1.24,1.31,1.24,1.31,
CPRT,2003-06-17,1.3,1.31,1.28,1.3,
CPRT,2003-06-18,1.31,1.33,1.24,1.25,
CPRT,2003-06-19,1.26,1.27,1.24,1.25,
CPRT,2003-06-20,1.27,1.28,1.23,1.25,
CPRT,2003-06-23,1.25,1.25,1.2,1.23,
CPRT,2003-06-24,1.24,1.25,1.21,1.23,
CPRT,2003-06-25,1.25,1.25,1.22,1.22,
CPRT,2003-06-26,1.21,1.23,1.19,1.21,
CPRT,2003-06-27,1.21,1.24,1.2,1.22,
CPRT,2003-06-30,1.22,1.25,1.14,1.2,
CPRT,2003-07-01,1.19,1.2,1.14,1.16,
CPRT,2003-07-02,1.16,1.18,1.14,1.16,
CPRT,2003-07-03,1.16,1.17,1.13,1.15,
CPRT,2003-07-07,1.16,1.21,1.15,1.21,
CPRT,2003-07-08,1.21,1.24,1.2,1.22,
CPRT,2003-07-09,1.22,1.22,1.2,1.21,
CPRT,2003-07-10,1.21,1.23,1.2,1.22,
CPRT,2003-07-11,1.22,1.25,1.2,1.22,
CPRT,2003-07-14,1.21,1.25,1.21,1.22,
CPRT,2003-07-15,1.21,1.25,1.19,1.23,
CPRT,2003-07-16,1.23,1.24,1.2,1.22,
CPRT,2003-07-17,1.2,1.22,1.18,1.19,
CPRT,2003-07-18,1.19,1.21,1.19,1.19,
CPRT,2003-07-21,1.19,1.2,1.15,1.16,
CPRT,2003-07-22,1.16,1.19,1.15,1.17,
CPRT,2003-07-23,1.17,1.19,1.15,1.17,
CPRT,2003-07-24,1.16,1.21,1.15,1.16,
CPRT,2003-07-25,1.16,1.19,1.15,1.17,
CPRT,2003-07-28,1.17,1.18,1.14,1.15,
CPRT,2003-07-29,1.15,1.17,1.12,1.14,
CPRT,2003-07-30,1.13,1.16,1.12,1.15,
CPRT,2003-07-31,1.16,1.18,1.14,1.17,
CPRT,2003-08-01,1.16,1.17,1.11,1.12,
CPRT,2003-08-04,1.11,1.14,1.09,1.1,
CPRT,2003-08-05,1.08,1.1,1.08,1.08,
CPRT,2003-08-06,1.08,1.1,1.07,1.08,
CPRT,2003-08-07,1.07,1.09,1.07,1.08,
CPRT,2003-08-08,1.09,1.1,1.07,1.07,
CPRT,2003-08-11,1.08,1.08,1.04,1.05,
CPRT,2003-08-12,1.05,1.12,1.05,1.12,
CPRT,2003-08-13,1.13,1.13,1.11,1.11,
CPRT,2003-08-14,1.1,1.12,1.09,1.11,
CPRT,2003-08-15,1.11,1.11,1.09,1.1,
CPRT,2003-08-18,1.1,1.1,1.09,1.09,
CPRT,2003-08-19,1.09,1.11,1.09,1.1,
CPRT,2003-08-20,1.1,1.13,1.08,1.13,
CPRT,2003-08-21,1.16,1.19,1.15,1.18,
CPRT,2003-08-22,1.18,1.18,1.15,1.16,
CPRT,2003-08-25,1.16,1.19,1.15,1.19,
CPRT,2003-08-26,1.19,1.2,1.16,1.19,
CPRT,2003-08-27,1.2,1.23,1.18,1.22,
CPRT,2003-08-28,1.21,1.26,1.21,1.25,
CPRT,2003-08-29,1.25,1.27,1.25,1.26,
CPRT,2003-09-02,1.26,1.29,1.24,1.29,
CPRT,2003-09-03,1.28,1.3,1.27,1.3,
CPRT,2003-09-04,1.3,1.3,1.28,1.28,
CPRT,2003-09-05,1.28,1.31,1.26,1.28,
CPRT,2003-09-08,1.29,1.34,1.27,1.33,
CPRT,2003-09-09,1.33,1.33,1.28,1.3,
CPRT,2003-09-10,1.29,1.32,1.29,1.29,
CPRT,2003-09-11,1.29,1.3,1.28,1.3,
CPRT,2003-09-12,1.29,1.31,1.29,1.31,
CPRT,2003-09-15,1.3,1.33,1.29,1.3,
CPRT,2003-09-16,1.29,1.35,1.28,1.32,
CPRT,2003-09-17,1.32,1.34,1.3,1.33,
CPRT,2003-09-18,1.32,1.39,1.32,1.38,
CPRT,2003-09-19,1.36,1.39,1.35,1.38,
CPRT,2003-09-22,1.37,1.39,1.35,1.37,
CPRT,2003-09-23,1.38,1.39,1.37,1.38,
CPRT,2003-09-24,1.39,1.39,1.37,1.37,
CPRT,2003-09-25,1.37,1.38,1.36,1.37,
CPRT,2003-09-26,1.38,1.38,1.32,1.33,
CPRT,2003-09-29,1.34,1.38,1.34,1.37,
CPRT,2003-09-30,1.37,1.38,1.33,1.36,
CPRT,2003-10-01,1.36,1.43,1.33,1.43,
CPRT,2003-10-02,1.42,1.43,1.4,1.43,
CPRT,2003-10-03,1.43,1.48,1.42,1.45,
CPRT,2003-10-06,1.45,1.45,1.41,1.42,
CPRT,2003-10-07,1.39,1.45,1.39,1.42,
CPRT,2003-10-08,1.42,1.43,1.38,1.38,
CPRT,2003-10-09,1.41,1.42,1.38,1.39,
CPRT,2003-10-10,1.42,1.52,1.41,1.48,
CPRT,2003-10-13,1.52,1.66,1.5,1.66,
CPRT,2003-10-14,1.57,1.58,1.52,1.58,
CPRT,2003-10-15,1.56,1.57,1.48,1.53,
CPRT,2003-10-16,1.51,1.55,1.5,1.51,
CPRT,2003-10-17,1.52,1.52,1.47,1.51,
CPRT,2003-10-20,1.54,1.6,1.54,1.57,
CPRT,2003-10-21,1.57,1.59,1.51,1.52,
CPRT,2003-10-22,1.53,1.53,1.47,1.47,
CPRT,2003-10-23,1.47,1.53,1.46,1.49,
CPRT,2003-10-24,1.46,1.51,1.43,1.5,
CPRT,2003-10-27,1.55,1.57,1.53,1.56,
CPRT,2003-10-28,1.59,1.59,1.53,1.59,
CPRT,2003-10-29,1.59,1.59,1.55,1.57,
CPRT,2003-10-30,1.58,1.59,1.52,1.55,
CPRT,2003-10-31,1.55,1.58,1.54,1.56,
CPRT,2003-11-03,1.57,1.6,1.55,1.56,
CPRT,2003-11-04,1.56,1.62,1.55,1.61,
CPRT,2003-11-05,1.62,1.62,1.56,1.59,
CPRT,2003-11-06,1.6,1.61,1.56,1.59,
CPRT,2003-11-07,1.61,1.61,1.57,1.58,
CPRT,2003-11-10,1.58,1.6,1.56,1.56,
CPRT,2003-11-11,1.57,1.59,1.55,1.56,
CPRT,2003-11-12,1.56,1.61,1.55,1.6,
CPRT,2003-11-13,1.57,1.6,1.55,1.57,
CPRT,2003-11-14,1.57,1.6,1.54,1.55,
CPRT,2003-11-17,1.54,1.56,1.52,1.56,
CPRT,2003-11-18,1.56,1.58,1.48,1.48,
CPRT,2003-11-19,1.48,1.51,1.47,1.5,
CPRT,2003-11-20,1.48,1.51,1.47,1.5,
CPRT,2003-11-21,1.51,1.52,1.5,1.51,
CPRT,2003-11-24,1.54,1.55,1.5,1.51,
CPRT,2003-11-25,1.52,1.56,1.51,1.52,
CPRT,2003-11-26,1.53,1.56,1.49,1.51,
CPRT,2003-11-28,1.52,1.53,1.5,1.5,
CPRT,2003-12-01,1.51,1.55,1.48,1.5,
CPRT,2003-12-02,1.52,1.53,1.43,1.46,
CPRT,2003-12-03,1.51,1.61,1.48,1.53,
CPRT,2003-12-04,1.5,1.67,1.5,1.63,
CPRT,2003-12-05,1.63,1.85,1.62,1.78,
CPRT,2003-12-08,1.79,1.84,1.78,1.79,
CPRT,2003-12-09,1.79,1.86,1.76,1.85,
CPRT,2003-12-10,1.86,1.87,1.79,1.86,
CPRT,2003-12-11,1.85,1.93,1.83,1.93,
CPRT,2003-12-12,1.94,1.97,1.93,1.96,
CPRT,2003-12-15,1.98,2.01,1.9,1.92,
CPRT,2003-12-16,1.91,1.94,1.88,1.92,
CPRT,2003-12-17,1.92,1.92,1.83,1.9,
CPRT,2003-12-18,1.89,1.97,1.88,1.96,
CPRT,2003-12-19,1.97,1.99,1.94,1.97,
CPRT,2003-12-22,1.94,2.04,1.93,2.03,
CPRT,2003-12-23,2.04,2.09,2.03,2.09,
CPRT,2003-12-24,2.07,2.08,2.04,2.07,
CPRT,2003-12-26,2.07,2.09,2.06,2.09,
CPRT,2003-12-29,2.08,2.12,2.06,2.11,
CPRT,2003-12-30,2.11,2.11,2.08,2.1,
CPRT,2003-12-31,2.1,2.12,2.06,2.08,
CPRT,2004-01-02,2.08,2.14,2.07,2.1,
CPRT,2004-01-05,2.13,2.14,2.08,2.09,
CPRT,2004-01-06,2.1,2.17,2.1,2.14,
CPRT,2004-01-07,2.12,2.16,2.12,2.16,
CPRT,2004-01-08,2.22,2.22,2.15,2.19,
CPRT,2004-01-09,2.16,2.22,2.13,2.21,
CPRT,2004-01-12,2.22,2.25,2.17,2.23,
CPRT,2004-01-13,2.23,2.24,2.19,2.21,
CPRT,2004-01-14,2.21,2.22,2.17,2.2,
CPRT,2004-01-15,2.2,2.23,2.17,2.23,
CPRT,2004-01-16,2.24,2.27,2.2,2.25,
CPRT,2004-01-20,2.27,2.3,2.25,2.3,
CPRT,2004-01-21,2.3,2.31,2.26,2.28,
CPRT,2004-01-22,2.29,2.31,2.24,2.25,
CPRT,2004-01-23,2.23,2.3,2.23,2.28,
CPRT,2004-01-26,2.28,2.29,2.22,2.27,
CPRT,2004-01-27,2.26,2.28,2.21,2.25,
CPRT,2004-01-28,2.23,2.26,2.17,2.2,
CPRT,2004-01-29,2.22,2.23,2.12,2.15,
CPRT,2004-01-30,2.14,2.15,2.03,2.11,
CPRT,2004-02-02,2.13,2.15,2.06,2.09,
CPRT,2004-02-03,2.08,2.13,2.08,2.1,
CPRT,2004-02-04,2.11,2.13,2.03,2.03,
CPRT,2004-02-05,2.04,2.09,2.03,2.06,
CPRT,2004-02-06,2.06,2.12,2.06,2.12,
CPRT,2004-02-09,2.08,2.11,2.08,2.1,
CPRT,2004-02-10,2.06,2.19,2.06,2.19,
CPRT,2004-02-11,2.21,2.22,2.1,2.21,
CPRT,2004-02-12,2.19,2.24,2.19,2.19,
CPRT,2004-02-13,2.22,2.22,2.13,2.15,
CPRT,2004-02-17,2.15,2.23,2.13,2.22,
CPRT,2004-02-18,2.23,2.23,2.12,2.13,
CPRT,2004-02-19,2.12,2.19,2.07,2.08,
CPRT,2004-02-20,2.06,2.11,2.06,2.08,
CPRT,2004-02-23,2.07,2.11,2.06,2.07,
CPRT,2004-02-24,2.08,2.1,1.86,2.05,
CPRT,2004-02-25,2.07,2.44,2.07,2.37,
CPRT,2004-02-26,2.36,2.46,2.34,2.4,"Stocks to watch Thursday: SBUX, ADSK, GPS, DIS, MCDTA A roundup of news and developments likely to move stocks at the open of trade on Thursday. Plus, stocks that made significant moves in Wednesday's U.S. equity trading."
CPRT,2004-02-27,2.4,2.46,2.38,2.45,
CPRT,2004-03-01,2.46,2.5,2.46,2.48,
CPRT,2004-03-02,2.48,2.48,2.37,2.39,
CPRT,2004-03-03,2.38,2.43,2.36,2.4,
CPRT,2004-03-04,2.42,2.49,2.4,2.48,
CPRT,2004-03-05,2.46,2.58,2.45,2.57,
CPRT,2004-03-08,2.59,2.63,2.5,2.53,
CPRT,2004-03-09,2.56,2.58,2.47,2.54,
CPRT,2004-03-10,2.58,2.58,2.46,2.47,
CPRT,2004-03-11,2.43,2.54,2.38,2.43,
CPRT,2004-03-12,2.46,2.53,2.43,2.51,
CPRT,2004-03-15,2.52,2.52,2.4,2.41,
CPRT,2004-03-16,2.45,2.49,2.37,2.42,
CPRT,2004-03-17,2.45,2.48,2.43,2.45,
CPRT,2004-03-18,2.43,2.48,2.4,2.45,
CPRT,2004-03-19,2.46,2.49,2.43,2.44,
CPRT,2004-03-22,2.47,2.47,2.38,2.4,
CPRT,2004-03-23,2.42,2.48,2.4,2.44,
CPRT,2004-03-24,2.43,2.47,2.4,2.45,
CPRT,2004-03-25,2.47,2.6,2.46,2.56,
CPRT,2004-03-26,2.58,2.61,2.5,2.58,
CPRT,2004-03-29,2.63,2.71,2.58,2.63,
CPRT,2004-03-30,2.58,2.73,2.58,2.71,
CPRT,2004-03-31,2.71,2.76,2.61,2.72,
CPRT,2004-04-01,2.81,2.82,2.7,2.73,
CPRT,2004-04-02,2.78,2.82,2.69,2.76,
CPRT,2004-04-05,2.79,2.82,2.75,2.79,
CPRT,2004-04-06,2.79,2.79,2.7,2.71,
CPRT,2004-04-07,2.69,2.72,2.64,2.69,
CPRT,2004-04-08,2.73,2.73,2.64,2.67,
CPRT,2004-04-12,2.69,2.69,2.65,2.69,
CPRT,2004-04-13,2.71,2.72,2.54,2.56,
CPRT,2004-04-14,2.51,2.54,2.47,2.51,
CPRT,2004-04-15,2.55,2.57,2.48,2.52,
CPRT,2004-04-16,2.53,2.62,2.5,2.59,
CPRT,2004-04-19,2.6,2.62,2.54,2.57,
CPRT,2004-04-20,2.6,2.62,2.49,2.5,
CPRT,2004-04-21,2.52,2.62,2.5,2.61,
CPRT,2004-04-22,2.62,2.7,2.61,2.69,
CPRT,2004-04-23,2.7,2.7,2.63,2.67,
CPRT,2004-04-26,2.67,2.71,2.66,2.68,
CPRT,2004-04-27,2.68,2.68,2.55,2.59,
CPRT,2004-04-28,2.64,2.64,2.54,2.55,
CPRT,2004-04-29,2.54,2.59,2.35,2.43,
CPRT,2004-04-30,2.44,2.44,2.36,2.37,
CPRT,2004-05-03,2.36,2.42,2.3,2.37,
CPRT,2004-05-04,2.38,2.48,2.37,2.44,
CPRT,2004-05-05,2.44,2.49,2.41,2.44,
CPRT,2004-05-06,2.46,2.46,2.36,2.39,
CPRT,2004-05-07,2.36,2.38,2.3,2.3,
CPRT,2004-05-10,2.3,2.31,2.18,2.23,
CPRT,2004-05-11,2.27,2.35,2.23,2.31,
CPRT,2004-05-12,2.31,2.32,2.13,2.28,
CPRT,2004-05-13,2.28,2.3,2.22,2.27,
CPRT,2004-05-14,2.3,2.3,2.21,2.22,
CPRT,2004-05-17,2.16,2.23,2.14,2.16,
CPRT,2004-05-18,2.21,2.22,2.16,2.18,
CPRT,2004-05-19,2.21,2.26,2.19,2.21,
CPRT,2004-05-20,2.22,2.31,2.2,2.3,
CPRT,2004-05-21,2.34,2.37,2.29,2.33,
CPRT,2004-05-24,2.36,2.41,2.35,2.39,
CPRT,2004-05-25,2.42,2.47,2.39,2.46,
CPRT,2004-05-26,2.64,2.99,2.63,2.89,
CPRT,2004-05-27,2.91,3.3,2.89,3.01,"Stocks to watch Thursday: COST, SBUX, FLS, TECD, STAR A roundup of news and developments likely to move stocks at the open of trade on Thursday. Plus, stocks that made significant moves in Wednesday's U.S. equity trading."
CPRT,2004-05-28,3.04,3.18,3.01,3.06,
CPRT,2004-06-01,3.1,3.15,3.02,3.06,
CPRT,2004-06-02,3.07,3.09,2.99,3.01,
CPRT,2004-06-03,3.02,3.03,2.91,2.91,
CPRT,2004-06-04,2.94,3.06,2.93,2.97,
CPRT,2004-06-07,3.04,3.05,2.96,3.04,
CPRT,2004-06-08,3.04,3.11,2.97,3.11,
CPRT,2004-06-09,3.1,3.1,3.0,3.01,
CPRT,2004-06-10,3.04,3.06,3.0,3.0,
CPRT,2004-06-14,3.03,3.03,2.94,2.95,
CPRT,2004-06-15,2.99,3.17,2.98,3.06,
CPRT,2004-06-16,3.09,3.1,3.02,3.08,
CPRT,2004-06-17,3.11,3.12,3.04,3.08,
CPRT,2004-06-18,3.06,3.16,3.01,3.04,
CPRT,2004-06-21,3.05,3.1,3.05,3.06,
CPRT,2004-06-22,3.06,3.11,2.98,3.1,
CPRT,2004-06-23,3.11,3.19,3.08,3.14,
CPRT,2004-06-24,3.18,3.25,3.14,3.17,
CPRT,2004-06-25,3.2,3.24,3.1,3.17,
CPRT,2004-06-28,3.19,3.35,3.16,3.23,
CPRT,2004-06-29,3.25,3.36,3.23,3.34,
CPRT,2004-06-30,3.38,3.38,3.29,3.34,
CPRT,2004-07-01,3.5,3.51,3.24,3.24,
CPRT,2004-07-02,3.28,3.32,3.25,3.27,
CPRT,2004-07-06,3.32,3.32,3.19,3.19,
CPRT,2004-07-07,3.21,3.21,3.09,3.15,
CPRT,2004-07-08,3.14,3.16,3.09,3.1,
CPRT,2004-07-09,3.13,3.15,3.08,3.14,
CPRT,2004-07-12,3.15,3.16,3.03,3.07,
CPRT,2004-07-13,3.12,3.14,3.08,3.12,
CPRT,2004-07-14,3.13,3.18,3.08,3.13,
CPRT,2004-07-15,3.13,3.15,3.08,3.11,
CPRT,2004-07-16,3.14,3.16,3.09,3.1,
CPRT,2004-07-19,3.11,3.11,3.03,3.05,
CPRT,2004-07-20,3.03,3.12,3.01,3.12,
CPRT,2004-07-21,3.14,3.16,2.98,3.01,
CPRT,2004-07-22,3.03,3.04,2.64,2.77,
CPRT,2004-07-23,2.76,2.85,2.71,2.78,
CPRT,2004-07-26,2.77,2.81,2.67,2.71,
CPRT,2004-07-27,2.73,2.79,2.72,2.77,
CPRT,2004-07-28,2.8,2.8,2.66,2.72,
CPRT,2004-07-29,2.71,2.81,2.71,2.8,
CPRT,2004-07-30,2.81,2.83,2.77,2.78,
CPRT,2004-08-02,2.8,2.92,2.75,2.91,
CPRT,2004-08-03,2.9,2.9,2.77,2.78,
CPRT,2004-08-04,2.76,2.78,2.65,2.72,
CPRT,2004-08-05,2.73,2.73,2.62,2.62,
CPRT,2004-08-06,2.64,2.64,2.51,2.56,
CPRT,2004-08-09,2.52,2.6,2.51,2.59,
CPRT,2004-08-10,2.61,2.65,2.57,2.65,
CPRT,2004-08-11,2.63,2.68,2.56,2.66,
CPRT,2004-08-12,2.65,2.66,2.55,2.61,
CPRT,2004-08-13,2.63,2.64,2.52,2.54,
CPRT,2004-08-16,2.56,2.62,2.53,2.61,
CPRT,2004-08-17,2.61,2.7,2.6,2.62,
CPRT,2004-08-18,2.63,2.77,2.61,2.75,
CPRT,2004-08-19,2.77,2.77,2.64,2.68,
CPRT,2004-08-20,2.65,2.78,2.64,2.75,
CPRT,2004-08-23,2.74,2.76,2.69,2.72,
CPRT,2004-08-24,2.74,2.76,2.64,2.67,
CPRT,2004-08-25,2.68,2.71,2.63,2.68,
CPRT,2004-08-26,2.7,2.79,2.69,2.77,
CPRT,2004-08-27,2.79,2.81,2.72,2.73,
CPRT,2004-08-30,2.75,2.78,2.65,2.7,
CPRT,2004-08-31,2.69,2.74,2.66,2.71,
CPRT,2004-09-01,2.72,2.73,2.66,2.71,
CPRT,2004-09-02,2.71,2.75,2.67,2.69,
CPRT,2004-09-03,2.69,2.74,2.68,2.7,
CPRT,2004-09-07,2.73,2.74,2.68,2.69,
CPRT,2004-09-08,2.69,2.72,2.66,2.69,
CPRT,2004-09-09,2.71,2.72,2.63,2.66,
CPRT,2004-09-10,2.7,2.7,2.6,2.63,
CPRT,2004-09-13,2.66,2.74,2.64,2.72,
CPRT,2004-09-14,2.73,2.79,2.67,2.75,"Oracle, MGM, LSI Logic, Kroger, Pier 1 Imports A roundup of news and developments likely to move stocks at the open of trade on Tuesday."
CPRT,2004-09-15,2.81,2.84,2.35,2.4,"Adobe, Best Buy, Taser, and more Stocks to watch"
CPRT,2004-09-16,2.41,2.47,2.32,2.34,
CPRT,2004-09-17,2.32,2.37,2.22,2.28,
CPRT,2004-09-20,2.28,2.28,2.21,2.23,
CPRT,2004-09-21,2.25,2.37,2.21,2.34,
CPRT,2004-09-22,2.35,2.4,2.33,2.37,
CPRT,2004-09-23,2.38,2.42,2.34,2.36,
CPRT,2004-09-24,2.38,2.38,2.34,2.36,
CPRT,2004-09-27,2.37,2.37,2.31,2.32,
CPRT,2004-09-28,2.35,2.36,2.3,2.32,
CPRT,2004-09-29,2.35,2.36,2.31,2.34,
CPRT,2004-09-30,2.36,2.37,2.32,2.37,
CPRT,2004-10-01,2.37,2.41,2.36,2.39,
CPRT,2004-10-04,2.36,2.43,2.36,2.41,
CPRT,2004-10-05,2.41,2.42,2.39,2.41,
CPRT,2004-10-06,2.41,2.42,2.39,2.41,
CPRT,2004-10-07,2.43,2.43,2.39,2.4,
CPRT,2004-10-08,2.4,2.41,2.35,2.36,
CPRT,2004-10-11,2.36,2.37,2.32,2.33,
CPRT,2004-10-12,2.32,2.36,2.29,2.34,
CPRT,2004-10-13,2.35,2.36,2.28,2.29,
CPRT,2004-10-14,2.29,2.31,2.27,2.28,
CPRT,2004-10-15,2.27,2.4,2.27,2.32,
CPRT,2004-10-18,2.3,2.37,2.29,2.37,
CPRT,2004-10-19,2.38,2.39,2.32,2.33,
CPRT,2004-10-20,2.33,2.35,2.29,2.34,
CPRT,2004-10-21,2.35,2.35,2.29,2.33,
CPRT,2004-10-22,2.33,2.33,2.29,2.3,
CPRT,2004-10-25,2.3,2.38,2.29,2.35,
CPRT,2004-10-26,2.35,2.35,2.3,2.34,
CPRT,2004-10-27,2.34,2.36,2.3,2.32,
CPRT,2004-10-28,2.34,2.35,2.31,2.34,
CPRT,2004-10-29,2.35,2.36,2.31,2.32,
CPRT,2004-11-01,2.3,2.39,2.3,2.39,
CPRT,2004-11-02,2.37,2.6,2.36,2.5,
CPRT,2004-11-03,2.55,2.59,2.5,2.54,
CPRT,2004-11-04,2.51,2.64,2.51,2.62,
CPRT,2004-11-05,2.65,2.74,2.58,2.58,
CPRT,2004-11-08,2.56,2.64,2.56,2.62,
CPRT,2004-11-09,2.61,2.67,2.61,2.66,
CPRT,2004-11-10,2.66,2.76,2.66,2.75,
CPRT,2004-11-11,2.74,2.76,2.73,2.75,
CPRT,2004-11-12,2.76,2.89,2.75,2.88,
CPRT,2004-11-15,2.88,2.9,2.86,2.88,
CPRT,2004-11-16,2.86,2.86,2.79,2.81,
CPRT,2004-11-17,2.8,2.86,2.78,2.8,
CPRT,2004-11-18,2.81,2.81,2.74,2.79,
CPRT,2004-11-19,2.78,2.81,2.7,2.71,
CPRT,2004-11-22,2.69,2.79,2.68,2.77,
CPRT,2004-11-23,2.79,2.82,2.71,2.81,
CPRT,2004-11-24,2.81,2.88,2.77,2.83,
CPRT,2004-11-26,2.84,2.85,2.81,2.83,
CPRT,2004-11-29,2.78,2.86,2.75,2.81,
CPRT,2004-11-30,2.8,2.81,2.7,2.7,
CPRT,2004-12-01,2.94,3.22,2.92,3.16,
CPRT,2004-12-02,3.24,3.29,3.13,3.21,
CPRT,2004-12-03,3.21,3.28,3.21,3.25,
CPRT,2004-12-06,3.24,3.25,3.14,3.21,
CPRT,2004-12-07,3.21,3.25,3.15,3.15,
CPRT,2004-12-08,3.13,3.24,3.11,3.2,
CPRT,2004-12-09,3.14,3.23,3.13,3.18,
CPRT,2004-12-10,3.17,3.22,3.12,3.16,
CPRT,2004-12-13,3.16,3.23,3.14,3.22,
CPRT,2004-12-14,3.2,3.4,3.19,3.36,
CPRT,2004-12-15,3.39,3.42,3.28,3.33,
CPRT,2004-12-16,3.34,3.37,3.26,3.3,
CPRT,2004-12-17,3.25,3.32,3.21,3.27,
CPRT,2004-12-20,3.26,3.29,3.19,3.2,
CPRT,2004-12-21,3.17,3.3,3.16,3.28,
CPRT,2004-12-22,3.18,3.29,3.18,3.28,
CPRT,2004-12-23,3.23,3.28,3.23,3.28,
CPRT,2004-12-27,3.34,3.34,3.2,3.25,
CPRT,2004-12-28,3.25,3.35,3.24,3.34,
CPRT,2004-12-29,3.33,3.34,3.27,3.29,
CPRT,2004-12-30,3.29,3.35,3.25,3.29,
CPRT,2004-12-31,3.29,3.32,3.27,3.29,
CPRT,2005-01-03,3.38,3.38,3.12,3.13,
CPRT,2005-01-04,3.15,3.17,3.02,3.02,
CPRT,2005-01-05,3.0,3.0,2.91,2.95,
CPRT,2005-01-06,2.95,3.0,2.89,2.95,
CPRT,2005-01-07,2.95,2.96,2.88,2.88,
CPRT,2005-01-10,2.85,2.96,2.78,2.89,
CPRT,2005-01-11,2.88,2.95,2.88,2.93,
CPRT,2005-01-12,2.96,2.98,2.88,2.93,
CPRT,2005-01-13,2.91,2.98,2.9,2.93,
CPRT,2005-01-14,2.94,2.97,2.91,2.93,
CPRT,2005-01-18,2.93,3.0,2.91,2.99,
CPRT,2005-01-19,3.01,3.02,2.96,2.97,
CPRT,2005-01-20,2.96,3.0,2.93,2.96,
CPRT,2005-01-21,2.97,3.0,2.9,2.9,
CPRT,2005-01-24,2.92,2.92,2.81,2.82,
CPRT,2005-01-25,2.81,2.84,2.78,2.8,
CPRT,2005-01-26,2.82,2.83,2.75,2.8,
CPRT,2005-01-27,2.78,2.89,2.76,2.86,
CPRT,2005-01-28,2.86,2.9,2.8,2.83,
CPRT,2005-01-31,2.81,2.89,2.79,2.87,
CPRT,2005-02-01,2.86,2.9,2.84,2.86,
CPRT,2005-02-02,2.85,2.93,2.85,2.91,
CPRT,2005-02-03,2.91,2.93,2.88,2.91,
CPRT,2005-02-04,2.92,3.02,2.9,3.01,
CPRT,2005-02-07,3.03,3.03,2.97,3.0,
CPRT,2005-02-08,3.02,3.03,2.95,2.97,
CPRT,2005-02-09,2.95,2.97,2.84,2.84,
CPRT,2005-02-10,2.85,2.89,2.84,2.85,
CPRT,2005-02-11,2.84,2.92,2.83,2.86,
CPRT,2005-02-14,2.84,2.91,2.83,2.88,
CPRT,2005-02-15,2.88,2.92,2.87,2.88,
CPRT,2005-02-16,2.86,2.91,2.86,2.89,
CPRT,2005-02-17,2.88,2.91,2.84,2.88,
CPRT,2005-02-18,2.9,2.94,2.88,2.89,
CPRT,2005-02-22,2.87,2.91,2.78,2.8,
CPRT,2005-02-23,2.8,2.89,2.8,2.84,
CPRT,2005-02-24,2.82,2.85,2.78,2.8,
CPRT,2005-02-25,1.39312,1.43188,1.38875,1.42438,
CPRT,2005-02-28,1.41,1.465,1.4,1.45625,
CPRT,2005-03-01,1.46562,1.55688,1.465,1.53875,"Tuesday: Continental, Univision, more SAN FRANCISCO (MarketWatch) -- Among stocks likely seeing active trading in Tuesday's regular session are Continental and Univision."
CPRT,2005-03-02,1.5625,1.62438,1.51812,1.60938,
CPRT,2005-03-03,1.60875,1.60938,1.54438,1.54938,
CPRT,2005-03-04,1.5625,1.5675,1.55188,1.56375,
CPRT,2005-03-07,1.5625,1.56875,1.54938,1.56688,
CPRT,2005-03-08,1.55438,1.59,1.55438,1.58938,
CPRT,2005-03-09,1.56812,1.585,1.54375,1.54875,
CPRT,2005-03-10,1.545,1.55812,1.52188,1.54438,
CPRT,2005-03-11,1.53688,1.55125,1.49688,1.51062,
CPRT,2005-03-14,1.5175,1.54688,1.50625,1.54688,
CPRT,2005-03-15,1.54625,1.5525,1.515,1.52062,
CPRT,2005-03-16,1.51062,1.535,1.5,1.51188,
CPRT,2005-03-17,1.50562,1.53438,1.50188,1.52188,
CPRT,2005-03-18,1.51125,1.53062,1.50688,1.50938,
CPRT,2005-03-21,1.52,1.52,1.5,1.50312,
CPRT,2005-03-22,1.5,1.5275,1.49312,1.4975,
CPRT,2005-03-23,1.49062,1.49688,1.45688,1.48562,
CPRT,2005-03-24,1.48625,1.51812,1.48062,1.48812,
CPRT,2005-03-28,1.48875,1.50125,1.47312,1.48188,
CPRT,2005-03-29,1.48875,1.49812,1.44875,1.45,
CPRT,2005-03-30,1.44688,1.47,1.4375,1.44375,
CPRT,2005-03-31,1.4425,1.48125,1.44188,1.4725,
CPRT,2005-04-01,1.46938,1.47,1.44938,1.45062,
CPRT,2005-04-04,1.4425,1.465,1.43875,1.45938,
CPRT,2005-04-05,1.45312,1.49688,1.445,1.4775,
CPRT,2005-04-06,1.47562,1.4975,1.47562,1.49062,
CPRT,2005-04-07,1.49375,1.49688,1.485,1.49062,
CPRT,2005-04-08,1.4875,1.49375,1.475,1.48875,
CPRT,2005-04-11,1.49562,1.50938,1.45188,1.48188,
CPRT,2005-04-12,1.475,1.485,1.44438,1.47438,
CPRT,2005-04-13,1.46,1.48062,1.44062,1.44312,
CPRT,2005-04-14,1.45,1.46062,1.42562,1.43438,
CPRT,2005-04-15,1.4375,1.4375,1.38812,1.39812,
CPRT,2005-04-18,1.39062,1.40875,1.35062,1.39688,
CPRT,2005-04-19,1.40625,1.41812,1.37688,1.415,
CPRT,2005-04-20,1.41875,1.42438,1.385,1.39062,
CPRT,2005-04-21,1.4025,1.42125,1.38562,1.42062,
CPRT,2005-04-22,1.425,1.425,1.37562,1.38125,
CPRT,2005-04-25,1.3775,1.40312,1.3775,1.39625,
CPRT,2005-04-26,1.38438,1.4125,1.37375,1.37625,
CPRT,2005-04-27,1.36562,1.38375,1.34375,1.37625,
CPRT,2005-04-28,1.36562,1.36875,1.32875,1.33688,
CPRT,2005-04-29,1.335,1.36188,1.3125,1.355,
CPRT,2005-05-02,1.35312,1.39625,1.35312,1.39125,
CPRT,2005-05-03,1.38,1.39688,1.37188,1.3775,
CPRT,2005-05-04,1.36812,1.44375,1.36812,1.43375,
CPRT,2005-05-05,1.42625,1.44875,1.41812,1.44,
CPRT,2005-05-06,1.45,1.46312,1.43438,1.45625,
CPRT,2005-05-09,1.45062,1.45562,1.43938,1.45125,
CPRT,2005-05-10,1.44062,1.48938,1.42875,1.465,
CPRT,2005-05-11,1.46375,1.49438,1.44875,1.48312,
CPRT,2005-05-12,1.48812,1.49,1.44438,1.45125,
CPRT,2005-05-13,1.4475,1.48,1.44688,1.47312,
CPRT,2005-05-16,1.46938,1.49062,1.46562,1.47812,
CPRT,2005-05-17,1.46625,1.49625,1.46,1.49312,
CPRT,2005-05-18,1.485,1.53688,1.485,1.53438,
CPRT,2005-05-19,1.52625,1.54625,1.52625,1.5425,
CPRT,2005-05-20,1.54312,1.58812,1.54062,1.58812,
CPRT,2005-05-23,1.56625,1.6225,1.56625,1.58,
CPRT,2005-05-24,1.56875,1.5825,1.53188,1.57375,
CPRT,2005-05-25,1.5625,1.5875,1.55938,1.5775,
CPRT,2005-05-26,1.57625,1.60375,1.575,1.58438,
CPRT,2005-05-27,1.57625,1.5975,1.57562,1.59562,
CPRT,2005-05-31,1.58875,1.6025,1.54938,1.54938,
CPRT,2005-06-01,1.55938,1.60562,1.54938,1.58062,
CPRT,2005-06-02,1.59438,1.63812,1.5875,1.61188,
CPRT,2005-06-03,1.605,1.62438,1.59625,1.59625,
CPRT,2005-06-06,1.60625,1.62438,1.59625,1.61875,
CPRT,2005-06-07,1.61875,1.6325,1.59938,1.615,
CPRT,2005-06-08,1.60562,1.6125,1.58125,1.58688,
CPRT,2005-06-09,1.57812,1.5975,1.56375,1.5875,
CPRT,2005-06-10,1.5975,1.5975,1.54062,1.56,
CPRT,2005-06-13,1.535,1.56812,1.525,1.54562,
CPRT,2005-06-14,1.53562,1.54875,1.52688,1.53438,
CPRT,2005-06-15,1.5375,1.54438,1.52812,1.53625,
CPRT,2005-06-16,1.52875,1.55375,1.52875,1.54312,
CPRT,2005-06-17,1.53438,1.56188,1.51,1.54688,
CPRT,2005-06-20,1.54312,1.55938,1.53062,1.54688,
CPRT,2005-06-21,1.54,1.55875,1.52938,1.53938,
CPRT,2005-06-22,1.54438,1.55,1.52438,1.53938,
CPRT,2005-06-23,1.53688,1.54125,1.515,1.51938,
CPRT,2005-06-24,1.52,1.53125,1.48625,1.50125,
CPRT,2005-06-27,1.49938,1.52,1.485,1.50062,
CPRT,2005-06-28,1.50562,1.53312,1.49688,1.525,
CPRT,2005-06-29,1.51875,1.5325,1.4975,1.5025,
CPRT,2005-06-30,1.495,1.5175,1.48375,1.48875,
CPRT,2005-07-01,1.49125,1.52438,1.4825,1.50188,
CPRT,2005-07-05,1.49438,1.54,1.49438,1.5325,
CPRT,2005-07-06,1.53188,1.54188,1.51188,1.52062,
CPRT,2005-07-07,1.51312,1.51312,1.47375,1.51,
CPRT,2005-07-08,1.5075,1.55625,1.49688,1.54812,
CPRT,2005-07-11,1.54688,1.58562,1.53438,1.5725,
CPRT,2005-07-12,1.57062,1.585,1.55875,1.55875,
CPRT,2005-07-13,1.55938,1.575,1.54688,1.57062,
CPRT,2005-07-14,1.585,1.5875,1.55125,1.555,
CPRT,2005-07-15,1.54688,1.565,1.54312,1.55188,
CPRT,2005-07-18,1.55562,1.55562,1.52,1.53938,
CPRT,2005-07-19,1.53375,1.58625,1.52875,1.56438,
CPRT,2005-07-20,1.55938,1.59375,1.55625,1.58812,
CPRT,2005-07-21,1.59,1.59375,1.55312,1.57688,
CPRT,2005-07-22,1.57438,1.5875,1.545,1.55875,
CPRT,2005-07-25,1.55812,1.5625,1.53812,1.54125,
CPRT,2005-07-26,1.53625,1.56125,1.53312,1.54312,
CPRT,2005-07-27,1.54938,1.54938,1.5275,1.53688,
CPRT,2005-07-28,1.53688,1.55188,1.52812,1.54875,
CPRT,2005-07-29,1.54812,1.56125,1.51938,1.52875,
CPRT,2005-08-01,1.52125,1.53188,1.50688,1.52812,
CPRT,2005-08-02,1.52188,1.55938,1.52188,1.54938,
CPRT,2005-08-03,1.5575,1.58375,1.55438,1.57562,
CPRT,2005-08-04,1.58438,1.59375,1.54812,1.55312,
CPRT,2005-08-05,1.54688,1.55375,1.50812,1.50938,
CPRT,2005-08-08,1.50938,1.52188,1.49375,1.49938,
CPRT,2005-08-09,1.4975,1.5175,1.49625,1.5075,
CPRT,2005-08-10,1.50312,1.52375,1.49375,1.49625,
CPRT,2005-08-11,1.49312,1.50312,1.47812,1.48562,
CPRT,2005-08-12,1.475,1.4875,1.455,1.48312,
CPRT,2005-08-15,1.46875,1.51438,1.45625,1.49562,
CPRT,2005-08-16,1.48188,1.48562,1.375,1.41125,
CPRT,2005-08-17,1.4025,1.42438,1.40188,1.41,
CPRT,2005-08-18,1.4,1.4125,1.3875,1.405,
CPRT,2005-08-19,1.40312,1.415,1.39438,1.4025,
CPRT,2005-08-22,1.4,1.41562,1.39188,1.4025,
CPRT,2005-08-23,1.39688,1.4125,1.39375,1.40312,
CPRT,2005-08-24,1.4,1.43625,1.3975,1.40875,
CPRT,2005-08-25,1.405,1.44188,1.405,1.41562,
CPRT,2005-08-26,1.415,1.42562,1.40625,1.4125,
CPRT,2005-08-29,1.40625,1.44938,1.4025,1.4475,
CPRT,2005-08-30,1.43625,1.45312,1.43312,1.43625,
CPRT,2005-08-31,1.4325,1.54688,1.43188,1.54312,
CPRT,2005-09-01,1.53125,1.5525,1.50062,1.50875,
CPRT,2005-09-02,1.505,1.51812,1.48875,1.4925,
CPRT,2005-09-06,1.4875,1.52188,1.4875,1.51625,
CPRT,2005-09-07,1.50688,1.52438,1.495,1.50625,
CPRT,2005-09-08,1.5,1.505,1.48188,1.49,
CPRT,2005-09-09,1.48688,1.5225,1.47562,1.5175,
CPRT,2005-09-12,1.51375,1.51625,1.49062,1.4975,
CPRT,2005-09-13,1.49,1.50938,1.47875,1.495,
CPRT,2005-09-14,1.4875,1.49125,1.4625,1.46375,
CPRT,2005-09-15,1.4575,1.46812,1.445,1.44875,
CPRT,2005-09-16,1.44562,1.50625,1.44125,1.46375,
CPRT,2005-09-19,1.46062,1.4775,1.44438,1.44812,
CPRT,2005-09-20,1.45,1.47875,1.44375,1.45188,
CPRT,2005-09-21,1.44625,1.45562,1.41438,1.41625,
CPRT,2005-09-22,1.41188,1.42375,1.38188,1.41938,
CPRT,2005-09-23,1.41062,1.42188,1.39812,1.40938,
CPRT,2005-09-26,1.41562,1.4525,1.41375,1.44188,
CPRT,2005-09-27,1.44375,1.45812,1.42438,1.45,
CPRT,2005-09-28,1.445,1.48,1.43,1.43438,
CPRT,2005-09-29,1.49188,1.51188,1.47375,1.48312,
CPRT,2005-09-30,1.48125,1.53375,1.47062,1.49188,
CPRT,2005-10-03,1.50375,1.51938,1.49688,1.49875,
CPRT,2005-10-04,1.49375,1.51,1.49375,1.50188,
CPRT,2005-10-05,1.49312,1.51,1.4875,1.49,
CPRT,2005-10-06,1.49125,1.505,1.4475,1.46,
CPRT,2005-10-07,1.4625,1.49062,1.46188,1.48125,
CPRT,2005-10-10,1.4875,1.49625,1.44812,1.45438,
CPRT,2005-10-11,1.45688,1.4975,1.44562,1.46125,
CPRT,2005-10-12,1.4575,1.46875,1.43438,1.43625,
CPRT,2005-10-13,1.425,1.44938,1.41125,1.43688,
CPRT,2005-10-14,1.4375,1.4625,1.435,1.45438,
CPRT,2005-10-17,1.4525,1.46125,1.43938,1.4525,
CPRT,2005-10-18,1.45,1.46438,1.40312,1.42125,
CPRT,2005-10-19,1.41625,1.44312,1.39375,1.43625,
CPRT,2005-10-20,1.43375,1.44,1.40438,1.41375,
CPRT,2005-10-21,1.41375,1.42938,1.40438,1.41312,
CPRT,2005-10-24,1.41312,1.45062,1.40625,1.44875,
CPRT,2005-10-25,1.445,1.4475,1.41688,1.43688,
CPRT,2005-10-26,1.42625,1.4425,1.4175,1.43812,
CPRT,2005-10-27,1.43438,1.44438,1.41562,1.42062,
CPRT,2005-10-28,1.43062,1.44375,1.41875,1.4425,
CPRT,2005-10-31,1.44875,1.46938,1.44,1.46,
CPRT,2005-11-01,1.45,1.45625,1.41,1.44062,
CPRT,2005-11-02,1.4375,1.46938,1.43688,1.46375,
CPRT,2005-11-03,1.46812,1.48,1.45188,1.47312,
CPRT,2005-11-04,1.49375,1.5,1.4625,1.47562,
CPRT,2005-11-07,1.4875,1.51125,1.48125,1.5,
CPRT,2005-11-08,1.5,1.5025,1.4725,1.48375,
CPRT,2005-11-09,1.47562,1.505,1.4725,1.5,
CPRT,2005-11-10,1.5,1.51562,1.475,1.51188,
CPRT,2005-11-11,1.5125,1.55,1.51188,1.54,
CPRT,2005-11-14,1.55,1.555,1.525,1.53812,
CPRT,2005-11-15,1.5425,1.5575,1.52938,1.535,
CPRT,2005-11-16,1.53562,1.54375,1.52812,1.535,
CPRT,2005-11-17,1.53875,1.55375,1.5125,1.55062,
CPRT,2005-11-18,1.5525,1.57062,1.5475,1.56562,
CPRT,2005-11-21,1.5625,1.575,1.54938,1.57438,
CPRT,2005-11-22,1.57188,1.58812,1.52,1.58625,
CPRT,2005-11-23,1.58438,1.59375,1.57,1.58125,
CPRT,2005-11-25,1.57875,1.59438,1.57875,1.59125,
CPRT,2005-11-28,1.5875,1.595,1.55688,1.57438,
CPRT,2005-11-29,1.5825,1.60312,1.575,1.59625,
CPRT,2005-11-30,1.59375,1.6125,1.57375,1.57375,
CPRT,2005-12-01,1.57812,1.6125,1.575,1.6,
CPRT,2005-12-02,1.59625,1.60188,1.54312,1.59438,
CPRT,2005-12-05,1.4875,1.5575,1.32125,1.52,
CPRT,2005-12-06,1.5175,1.53125,1.49062,1.51125,
CPRT,2005-12-07,1.50625,1.5125,1.47562,1.49,
CPRT,2005-12-08,1.48188,1.49812,1.46188,1.46625,
CPRT,2005-12-09,1.46438,1.47312,1.455,1.46375,
CPRT,2005-12-12,1.46438,1.47438,1.45062,1.46625,
CPRT,2005-12-13,1.4625,1.47312,1.45562,1.46375,
CPRT,2005-12-14,1.45812,1.4775,1.45562,1.46062,
CPRT,2005-12-15,1.46938,1.4725,1.44688,1.45,
CPRT,2005-12-16,1.45,1.46062,1.43438,1.44625,
CPRT,2005-12-19,1.44812,1.44812,1.425,1.42812,
CPRT,2005-12-20,1.425,1.43125,1.4125,1.42,
CPRT,2005-12-21,1.41562,1.44188,1.40812,1.4125,
CPRT,2005-12-22,1.41875,1.43125,1.39812,1.42,
CPRT,2005-12-23,1.415,1.43375,1.415,1.4275,
CPRT,2005-12-27,1.43688,1.45188,1.42,1.42812,
CPRT,2005-12-28,1.42188,1.43812,1.41438,1.43,
CPRT,2005-12-29,1.43812,1.45062,1.42562,1.44312,
CPRT,2005-12-30,1.43625,1.45062,1.42625,1.44125,
CPRT,2006-01-03,1.4425,1.45062,1.42,1.43875,
CPRT,2006-01-04,1.43938,1.4875,1.43312,1.48438,
CPRT,2006-01-05,1.4875,1.49312,1.4625,1.48812,
CPRT,2006-01-06,1.49875,1.53625,1.49562,1.535,
CPRT,2006-01-09,1.53125,1.5425,1.52375,1.53688,
CPRT,2006-01-10,1.53812,1.5725,1.53125,1.56812,
CPRT,2006-01-11,1.57312,1.5775,1.54375,1.5525,
CPRT,2006-01-12,1.53875,1.54312,1.51938,1.5225,
CPRT,2006-01-13,1.5325,1.53438,1.51438,1.51875,
CPRT,2006-01-17,1.52125,1.53438,1.5125,1.52875,
CPRT,2006-01-18,1.52438,1.55312,1.52312,1.54812,
CPRT,2006-01-19,1.56188,1.56188,1.54062,1.54688,
CPRT,2006-01-20,1.55625,1.55625,1.52688,1.52688,
CPRT,2006-01-23,1.53938,1.53938,1.52312,1.52875,
CPRT,2006-01-24,1.5375,1.56562,1.52688,1.5625,
CPRT,2006-01-25,1.57125,1.57125,1.55,1.56312,
CPRT,2006-01-26,1.56375,1.57062,1.55062,1.56562,
CPRT,2006-01-27,1.56562,1.575,1.55438,1.56375,
CPRT,2006-01-30,1.56812,1.56812,1.55188,1.5625,
CPRT,2006-01-31,1.56375,1.575,1.55125,1.57438,
CPRT,2006-02-01,1.56625,1.59375,1.56562,1.5875,
CPRT,2006-02-02,1.58062,1.59062,1.5625,1.56875,
CPRT,2006-02-03,1.5625,1.57188,1.55375,1.56,
CPRT,2006-02-06,1.5625,1.5625,1.54625,1.55562,
CPRT,2006-02-07,1.55562,1.5625,1.54375,1.55188,
CPRT,2006-02-08,1.55875,1.57812,1.54688,1.57625,
CPRT,2006-02-09,1.57188,1.58125,1.56438,1.57625,
CPRT,2006-02-10,1.575,1.57875,1.5625,1.57062,
CPRT,2006-02-13,1.56188,1.58,1.56188,1.56625,
CPRT,2006-02-14,1.57188,1.59312,1.56375,1.58062,
CPRT,2006-02-15,1.575,1.58562,1.56938,1.5825,
CPRT,2006-02-16,1.59062,1.595,1.5825,1.59375,
CPRT,2006-02-17,1.59375,1.60625,1.58438,1.5975,
CPRT,2006-02-21,1.5925,1.59875,1.58438,1.59438,
CPRT,2006-02-22,1.59938,1.61438,1.59125,1.6025,
CPRT,2006-02-23,1.59688,1.64062,1.59688,1.62875,
CPRT,2006-02-24,1.63125,1.70062,1.625,1.70062,
CPRT,2006-02-27,1.6925,1.69688,1.64188,1.6425,
CPRT,2006-02-28,1.6425,1.66125,1.6125,1.615,
CPRT,2006-03-01,1.61438,1.68312,1.61188,1.67938,
CPRT,2006-03-02,1.67,1.6775,1.6325,1.64688,
CPRT,2006-03-03,1.64188,1.6875,1.635,1.67812,
CPRT,2006-03-06,1.67688,1.68562,1.63938,1.64062,
CPRT,2006-03-07,1.63875,1.66812,1.60938,1.6175,
CPRT,2006-03-08,1.59625,1.68812,1.56688,1.68,
CPRT,2006-03-09,1.67812,1.67812,1.63125,1.6325,
CPRT,2006-03-10,1.63812,1.675,1.62688,1.66562,
CPRT,2006-03-13,1.6675,1.68812,1.64688,1.66938,
CPRT,2006-03-14,1.6625,1.68,1.6425,1.67312,
CPRT,2006-03-15,1.67188,1.685,1.64562,1.67625,
CPRT,2006-03-16,1.67438,1.69375,1.65625,1.68188,
CPRT,2006-03-17,1.67375,1.69062,1.6625,1.67875,
CPRT,2006-03-20,1.685,1.69688,1.675,1.68938,
CPRT,2006-03-21,1.68125,1.71875,1.6775,1.71375,
CPRT,2006-03-22,1.70625,1.73375,1.69562,1.73125,
CPRT,2006-03-23,1.7325,1.74125,1.71375,1.73188,
CPRT,2006-03-24,1.73688,1.7375,1.71062,1.71812,
CPRT,2006-03-27,1.71875,1.72375,1.69875,1.70875,
CPRT,2006-03-28,1.71625,1.7175,1.67312,1.68938,
CPRT,2006-03-29,1.6975,1.715,1.68375,1.70688,
CPRT,2006-03-30,1.71438,1.71438,1.6825,1.69062,
CPRT,2006-03-31,1.70188,1.7175,1.68562,1.71562,
CPRT,2006-04-03,1.715,1.71625,1.68938,1.705,
CPRT,2006-04-04,1.69875,1.7325,1.69688,1.71562,
CPRT,2006-04-05,1.71562,1.71812,1.6825,1.69688,
CPRT,2006-04-06,1.69125,1.69375,1.65875,1.67188,
CPRT,2006-04-07,1.675,1.685,1.65062,1.6825,
CPRT,2006-04-10,1.68562,1.6925,1.66938,1.6725,
CPRT,2006-04-11,1.67875,1.68812,1.65625,1.66125,
CPRT,2006-04-12,1.65812,1.66062,1.64938,1.65688,
CPRT,2006-04-13,1.64938,1.64938,1.63688,1.64188,
CPRT,2006-04-17,1.63688,1.64312,1.625,1.62938,
CPRT,2006-04-18,1.63062,1.65625,1.62125,1.64562,
CPRT,2006-04-19,1.6425,1.66562,1.6375,1.66562,
CPRT,2006-04-20,1.65812,1.67938,1.65062,1.67562,
CPRT,2006-04-21,1.6825,1.69562,1.65812,1.68125,
CPRT,2006-04-24,1.675,1.675,1.64625,1.6625,
CPRT,2006-04-25,1.65625,1.68438,1.65438,1.66438,
CPRT,2006-04-26,1.6725,1.68188,1.64188,1.65,
CPRT,2006-04-27,1.64438,1.68625,1.64375,1.67312,
CPRT,2006-04-28,1.66062,1.68562,1.65625,1.67812,
CPRT,2006-05-01,1.69,1.69,1.63438,1.63938,
CPRT,2006-05-02,1.6375,1.67,1.6375,1.665,
CPRT,2006-05-03,1.66688,1.6725,1.64188,1.65688,
CPRT,2006-05-04,1.65375,1.67938,1.65125,1.66438,
CPRT,2006-05-05,1.68062,1.68062,1.6575,1.665,
CPRT,2006-05-08,1.65875,1.70125,1.65625,1.70062,
CPRT,2006-05-09,1.69125,1.71438,1.68812,1.69688,
CPRT,2006-05-10,1.69562,1.70312,1.67188,1.6775,
CPRT,2006-05-11,1.675,1.685,1.61688,1.61812,
CPRT,2006-05-12,1.6125,1.62188,1.59312,1.59375,
CPRT,2006-05-15,1.59188,1.62062,1.59188,1.60188,
CPRT,2006-05-16,1.59812,1.62562,1.58688,1.59062,
CPRT,2006-05-17,1.57875,1.59688,1.55312,1.57438,
CPRT,2006-05-18,1.58062,1.59375,1.56562,1.56938,
CPRT,2006-05-19,1.57812,1.58938,1.56062,1.56688,
CPRT,2006-05-22,1.56188,1.57562,1.54688,1.57062,
CPRT,2006-05-23,1.5825,1.60562,1.56438,1.56562,
CPRT,2006-05-24,1.56188,1.56875,1.53438,1.56188,
CPRT,2006-05-25,1.57812,1.57812,1.55188,1.56375,
CPRT,2006-05-26,1.56125,1.59125,1.56125,1.57812,
CPRT,2006-05-30,1.61625,1.6825,1.61,1.66938,
CPRT,2006-05-31,1.68,1.745,1.67938,1.715,
CPRT,2006-06-01,1.63688,1.6875,1.55938,1.61188,
CPRT,2006-06-02,1.61562,1.64562,1.5975,1.62438,
CPRT,2006-06-05,1.61062,1.625,1.5725,1.57375,
CPRT,2006-06-06,1.58188,1.58438,1.54812,1.5625,
CPRT,2006-06-07,1.56438,1.57625,1.5375,1.5425,
CPRT,2006-06-08,1.535,1.56,1.52,1.555,
CPRT,2006-06-09,1.5625,1.57375,1.535,1.5625,
CPRT,2006-06-12,1.55938,1.565,1.505,1.50562,
CPRT,2006-06-13,1.50188,1.5275,1.5,1.50688,
CPRT,2006-06-14,1.5025,1.52625,1.49,1.5175,
CPRT,2006-06-15,1.52312,1.565,1.51562,1.55125,
CPRT,2006-06-16,1.5425,1.54938,1.51625,1.53875,
CPRT,2006-06-19,1.53,1.53875,1.5075,1.51438,
CPRT,2006-06-20,1.5125,1.5125,1.46938,1.48312,
CPRT,2006-06-21,1.47875,1.51,1.4775,1.49438,
CPRT,2006-06-22,1.48562,1.50688,1.47562,1.50188,
CPRT,2006-06-23,1.49312,1.50875,1.48562,1.49688,
CPRT,2006-06-26,1.49625,1.51,1.4825,1.50875,
CPRT,2006-06-27,1.51188,1.51562,1.49875,1.505,
CPRT,2006-06-28,1.50125,1.50938,1.48438,1.49188,
CPRT,2006-06-29,1.49688,1.53312,1.49312,1.53312,
CPRT,2006-06-30,1.5225,1.53812,1.50688,1.535,
CPRT,2006-07-03,1.53938,1.5425,1.49875,1.53812,
CPRT,2006-07-05,1.52312,1.53062,1.49625,1.52562,
CPRT,2006-07-06,1.49812,1.5425,1.495,1.52188,
CPRT,2006-07-07,1.51688,1.5475,1.51,1.54125,
CPRT,2006-07-10,1.54375,1.57562,1.53812,1.57188,
CPRT,2006-07-11,1.57,1.60688,1.5525,1.59938,
CPRT,2006-07-12,1.59312,1.60312,1.58438,1.6025,
CPRT,2006-07-13,1.59625,1.615,1.58438,1.6,
CPRT,2006-07-14,1.60375,1.61625,1.58188,1.59562,
CPRT,2006-07-17,1.59562,1.625,1.58875,1.61312,
CPRT,2006-07-18,1.61312,1.63938,1.60875,1.6375,
CPRT,2006-07-19,1.64062,1.7125,1.62812,1.71,
CPRT,2006-07-20,1.70688,1.7125,1.67875,1.685,
CPRT,2006-07-21,1.68188,1.69,1.65188,1.66188,
CPRT,2006-07-24,1.665,1.68812,1.6575,1.68375,
CPRT,2006-07-25,1.68,1.69125,1.6575,1.68562,
CPRT,2006-07-26,1.675,1.68562,1.6525,1.66688,
CPRT,2006-07-27,1.67562,1.68375,1.64438,1.65625,
CPRT,2006-07-28,1.66062,1.67375,1.63875,1.67125,
CPRT,2006-07-31,1.665,1.675,1.65062,1.665,
CPRT,2006-08-01,1.65688,1.6675,1.64438,1.6625,
CPRT,2006-08-02,1.67375,1.67562,1.65625,1.675,
CPRT,2006-08-03,1.65938,1.69062,1.65875,1.68812,
CPRT,2006-08-04,1.6975,1.70562,1.68,1.69,
CPRT,2006-08-07,1.69375,1.69375,1.66562,1.68688,
CPRT,2006-08-08,1.685,1.69375,1.66812,1.67125,
CPRT,2006-08-09,1.67688,1.68688,1.66625,1.6675,
CPRT,2006-08-10,1.66125,1.69375,1.65438,1.69,
CPRT,2006-08-11,1.68375,1.69438,1.66688,1.68188,
CPRT,2006-08-14,1.69625,1.71875,1.67688,1.69188,
CPRT,2006-08-15,1.70875,1.7375,1.6975,1.7375,
CPRT,2006-08-16,1.74062,1.75875,1.73188,1.75438,
CPRT,2006-08-17,1.74938,1.76188,1.74625,1.755,
CPRT,2006-08-18,1.75188,1.75938,1.72688,1.75688,
CPRT,2006-08-21,1.74938,1.74938,1.715,1.71812,
CPRT,2006-08-22,1.71375,1.725,1.70375,1.71625,
CPRT,2006-08-23,1.7125,1.73812,1.6875,1.70625,
CPRT,2006-08-24,1.71188,1.71875,1.69,1.71312,
CPRT,2006-08-25,1.70875,1.71875,1.69938,1.7175,
CPRT,2006-08-28,1.72688,1.72812,1.71062,1.71875,
CPRT,2006-08-29,1.725,1.7275,1.69875,1.72375,
CPRT,2006-08-30,1.72812,1.75188,1.72375,1.74125,
CPRT,2006-08-31,1.7375,1.7625,1.7375,1.75438,
CPRT,2006-09-01,1.755,1.76562,1.74438,1.75188,
CPRT,2006-09-05,1.755,1.76438,1.73375,1.74625,
CPRT,2006-09-06,1.745,1.7475,1.72,1.72688,
CPRT,2006-09-07,1.71875,1.735,1.70062,1.7175,
CPRT,2006-09-08,1.71625,1.72125,1.70438,1.71312,
CPRT,2006-09-11,1.70688,1.73688,1.70688,1.73125,
CPRT,2006-09-12,1.72562,1.805,1.72562,1.80438,
CPRT,2006-09-13,1.80625,1.8125,1.80125,1.80562,
CPRT,2006-09-14,1.79375,1.80438,1.77438,1.785,
CPRT,2006-09-15,1.79062,1.80438,1.77688,1.795,
CPRT,2006-09-18,1.79625,1.80312,1.76625,1.78125,
CPRT,2006-09-19,1.775,1.79938,1.75438,1.79812,
CPRT,2006-09-20,1.80062,1.82938,1.78812,1.82062,
CPRT,2006-09-21,1.81812,1.83688,1.79688,1.79938,
CPRT,2006-09-22,1.79688,1.80125,1.77125,1.79125,
CPRT,2006-09-25,1.7875,1.80188,1.775,1.77938,
CPRT,2006-09-26,1.7825,1.78938,1.755,1.76562,
CPRT,2006-09-27,1.76,1.79438,1.76,1.77562,
CPRT,2006-09-28,1.77812,1.78938,1.75625,1.76938,
CPRT,2006-09-29,1.77375,1.78375,1.745,1.76188,
CPRT,2006-10-02,1.75438,1.80938,1.7525,1.80812,
CPRT,2006-10-03,1.80125,1.81312,1.78688,1.805,
CPRT,2006-10-04,1.79125,1.80438,1.71312,1.72125,Stocks expected to move Wednesday A look at companies whose shares are expected to see active trade in Wednesday’s session.
CPRT,2006-10-05,1.87,1.89938,1.815,1.87312,CORRECT: Stocks expected to move Thursday Stocks expected to see active trading in Thursday's session.
CPRT,2006-10-06,1.85625,1.8725,1.8025,1.80562,
CPRT,2006-10-09,1.79938,1.8125,1.785,1.8125,
CPRT,2006-10-10,1.8125,1.84375,1.805,1.81312,
CPRT,2006-10-11,1.80625,1.83062,1.79125,1.80188,
CPRT,2006-10-12,1.80625,1.8125,1.78812,1.79688,
CPRT,2006-10-13,1.78812,1.81438,1.78188,1.80375,
CPRT,2006-10-16,1.79938,1.81438,1.75375,1.81062,
CPRT,2006-10-17,1.80062,1.82125,1.79688,1.79938,
CPRT,2006-10-18,1.81125,1.81875,1.79312,1.79562,
CPRT,2006-10-19,1.79688,1.8175,1.775,1.8,
CPRT,2006-10-20,1.795,1.80625,1.77375,1.78125,
CPRT,2006-10-23,1.76562,1.78938,1.76562,1.78125,
CPRT,2006-10-24,1.76562,1.79625,1.76562,1.78125,
CPRT,2006-10-25,1.78625,1.79812,1.77188,1.78375,
CPRT,2006-10-26,1.78125,1.80375,1.77625,1.79375,
CPRT,2006-10-27,1.78188,1.79375,1.77625,1.77812,
CPRT,2006-10-30,1.76938,1.81188,1.75812,1.80188,
CPRT,2006-10-31,1.8075,1.83375,1.79938,1.80812,
CPRT,2006-11-01,1.82188,1.84688,1.79875,1.80188,
CPRT,2006-11-02,1.7925,1.80875,1.7825,1.79875,
CPRT,2006-11-03,1.80062,1.8075,1.78438,1.79688,
CPRT,2006-11-06,1.80312,1.82562,1.80062,1.80812,
CPRT,2006-11-07,1.81312,1.82312,1.80188,1.81875,
CPRT,2006-11-08,1.81125,1.85625,1.80188,1.83438,
CPRT,2006-11-09,1.83562,1.85562,1.81625,1.84125,
CPRT,2006-11-10,1.8475,1.85875,1.84438,1.85125,
CPRT,2006-11-13,1.855,1.8775,1.84812,1.87125,
CPRT,2006-11-14,1.87188,1.88,1.85312,1.87312,
CPRT,2006-11-15,1.87,1.8825,1.86562,1.88062,
CPRT,2006-11-16,1.88,1.89125,1.87938,1.88688,
CPRT,2006-11-17,1.88312,1.88812,1.85688,1.875,
CPRT,2006-11-20,1.87688,1.87688,1.8525,1.86188,
CPRT,2006-11-21,1.85625,1.86188,1.84625,1.84938,
CPRT,2006-11-22,1.84562,1.86812,1.84562,1.86562,
CPRT,2006-11-24,1.86188,1.86938,1.85312,1.86,
CPRT,2006-11-27,1.875,1.87562,1.86125,1.86625,
CPRT,2006-11-28,1.86375,1.86438,1.83812,1.85812,
CPRT,2006-11-29,1.85938,1.89312,1.85812,1.87812,
CPRT,2006-11-30,1.87188,1.895,1.87,1.88812,
CPRT,2006-12-01,1.88812,1.89312,1.83812,1.8625,
CPRT,2006-12-04,1.86938,1.90375,1.86562,1.89125,
CPRT,2006-12-05,1.89688,1.9125,1.88188,1.905,Stocks expected to move Tuesday A look at companies whose shares are expected to see active trade in Tuesday's session.
CPRT,2006-12-06,1.83062,1.9,1.78688,1.85375,Stocks expected to move Wednesday A look at companies whose shares are expected to see active trade in Wednesday's session.
CPRT,2006-12-07,1.85188,1.9025,1.85188,1.87625,
CPRT,2006-12-08,1.88,1.925,1.87938,1.91938,
CPRT,2006-12-11,1.91438,1.91812,1.89188,1.90562,
CPRT,2006-12-12,1.90188,1.9125,1.88625,1.90688,
CPRT,2006-12-13,1.9025,1.93,1.89625,1.91125,
CPRT,2006-12-14,1.91062,1.9325,1.89188,1.90812,
CPRT,2006-12-15,1.90562,1.91,1.88438,1.88688,
CPRT,2006-12-18,1.8875,1.89188,1.85438,1.85688,
CPRT,2006-12-19,1.855,1.8725,1.83938,1.85875,
CPRT,2006-12-20,1.86812,1.875,1.8525,1.86812,
CPRT,2006-12-21,1.86812,1.8825,1.845,1.85688,
CPRT,2006-12-22,1.85188,1.88062,1.83375,1.84688,
CPRT,2006-12-26,1.84312,1.86562,1.84125,1.85625,
CPRT,2006-12-27,1.85688,1.89062,1.85625,1.88562,
CPRT,2006-12-28,1.87875,1.90312,1.87062,1.89188,
CPRT,2006-12-29,1.89938,1.90188,1.87375,1.875,
CPRT,2007-01-03,1.89375,1.90875,1.875,1.90812,
CPRT,2007-01-04,1.91,1.94625,1.90375,1.93938,
CPRT,2007-01-05,1.94062,1.96375,1.9025,1.91938,
CPRT,2007-01-08,1.91562,1.91875,1.875,1.9175,
CPRT,2007-01-09,1.91562,1.94688,1.91562,1.93062,
CPRT,2007-01-10,1.92938,1.93875,1.9075,1.93625,
CPRT,2007-01-11,1.92562,1.94312,1.9075,1.915,
CPRT,2007-01-12,1.9125,1.93,1.91062,1.92875,
CPRT,2007-01-16,1.93125,1.9375,1.93,1.9325,
CPRT,2007-01-17,1.93062,1.93062,1.885,1.89188,
CPRT,2007-01-18,1.89062,1.89125,1.86375,1.87188,
CPRT,2007-01-19,1.87312,1.89062,1.86562,1.88562,
CPRT,2007-01-22,1.88938,1.89,1.85375,1.8575,
CPRT,2007-01-23,1.85625,1.86688,1.84062,1.86438,
CPRT,2007-01-24,1.86,1.86875,1.84562,1.855,
CPRT,2007-01-25,1.84875,1.8525,1.82312,1.83812,
CPRT,2007-01-26,1.83938,1.84312,1.81188,1.8325,
CPRT,2007-01-29,1.83312,1.855,1.83,1.83938,
CPRT,2007-01-30,1.84312,1.85562,1.82812,1.85438,
CPRT,2007-01-31,1.855,1.855,1.82375,1.84,
CPRT,2007-02-01,1.84125,1.86875,1.84125,1.8575,
CPRT,2007-02-02,1.865,1.8725,1.84688,1.85062,
CPRT,2007-02-05,1.85062,1.86125,1.84438,1.85,
CPRT,2007-02-06,1.84625,1.85688,1.84,1.84625,
CPRT,2007-02-07,1.845,1.85688,1.84188,1.85062,
CPRT,2007-02-08,1.845,1.85875,1.83375,1.85125,
CPRT,2007-02-09,1.85438,1.86875,1.85125,1.855,
CPRT,2007-02-12,1.86125,1.86938,1.84188,1.85062,
CPRT,2007-02-13,1.84562,1.87625,1.84562,1.875,
CPRT,2007-02-14,1.87625,1.90312,1.86875,1.87625,
CPRT,2007-02-15,1.87438,1.87812,1.86312,1.8675,
CPRT,2007-02-16,1.86875,1.87562,1.86188,1.875,
CPRT,2007-02-20,1.86938,1.88688,1.86938,1.875,
CPRT,2007-02-21,1.86688,1.875,1.86125,1.875,
CPRT,2007-02-22,1.87,1.875,1.87,1.875,
CPRT,2007-02-23,1.87438,1.875,1.86875,1.875,
CPRT,2007-02-26,1.875,1.875,1.86562,1.86812,
CPRT,2007-02-27,1.86312,1.87062,1.8225,1.82625,
CPRT,2007-02-28,1.83062,1.87062,1.80938,1.84062,
CPRT,2007-03-01,1.82688,1.86438,1.8175,1.8475,
CPRT,2007-03-02,1.84375,1.85188,1.81562,1.81688,
CPRT,2007-03-05,1.81125,1.825,1.805,1.805,
CPRT,2007-03-06,1.80438,1.81938,1.7875,1.81312,
CPRT,2007-03-07,1.76,1.78375,1.71,1.72188,"Stocks in focus for Wednesday SAN FRANCISCO (MarketWatch) -- Among the companies whose shares are expected to see active trade in Wednesday's session are American Eagle Outfitters Inc., TiVo Inc., and Chico's FAS Inc."
CPRT,2007-03-08,1.73125,1.76938,1.72312,1.75125,
CPRT,2007-03-09,1.76938,1.77125,1.73812,1.74562,
CPRT,2007-03-12,1.74562,1.755,1.73562,1.74938,
CPRT,2007-03-13,1.74562,1.74938,1.73375,1.73438,
CPRT,2007-03-14,1.73875,1.74188,1.7125,1.73875,
CPRT,2007-03-15,1.74062,1.74938,1.73312,1.74,
CPRT,2007-03-16,1.74125,1.7425,1.71625,1.71875,
CPRT,2007-03-19,1.72188,1.73062,1.7125,1.72812,
CPRT,2007-03-20,1.7225,1.745,1.71875,1.74125,
CPRT,2007-03-21,1.74438,1.775,1.73125,1.77188,
CPRT,2007-03-22,1.77375,1.78062,1.76562,1.7725,
CPRT,2007-03-23,1.77875,1.78125,1.76062,1.76625,
CPRT,2007-03-26,1.765,1.77,1.74938,1.75562,
CPRT,2007-03-27,1.74938,1.75875,1.73438,1.7375,
CPRT,2007-03-28,1.73125,1.74,1.72,1.73438,
CPRT,2007-03-29,1.74125,1.7475,1.72125,1.7325,
CPRT,2007-03-30,1.73875,1.75375,1.72312,1.75062,
CPRT,2007-04-02,1.75,1.75875,1.72188,1.74375,
CPRT,2007-04-03,1.74812,1.76,1.73375,1.74,
CPRT,2007-04-04,1.73625,1.73625,1.715,1.71938,
CPRT,2007-04-05,1.7175,1.73438,1.71625,1.72312,
CPRT,2007-04-09,1.72188,1.74562,1.71375,1.74438,
CPRT,2007-04-10,1.74375,1.75625,1.73938,1.75125,
CPRT,2007-04-11,1.75,1.75125,1.7175,1.72875,
CPRT,2007-04-12,1.72062,1.75,1.72062,1.73875,
CPRT,2007-04-13,1.73562,1.74938,1.71875,1.7275,
CPRT,2007-04-16,1.7325,1.765,1.7325,1.7625,
CPRT,2007-04-17,1.77,1.79562,1.76562,1.79,
CPRT,2007-04-18,1.79125,1.80562,1.78625,1.80375,
CPRT,2007-04-19,1.7975,1.815,1.7875,1.8125,
CPRT,2007-04-20,1.825,1.83,1.8125,1.82312,
CPRT,2007-04-23,1.82312,1.82875,1.80625,1.80938,
CPRT,2007-04-24,1.81562,1.82062,1.8025,1.82,
CPRT,2007-04-25,1.82438,1.8425,1.81562,1.83688,
CPRT,2007-04-26,1.83,1.8325,1.81688,1.81938,
CPRT,2007-04-27,1.81625,1.83875,1.80625,1.81438,
CPRT,2007-04-30,1.81188,1.81562,1.80312,1.81125,
CPRT,2007-05-01,1.80875,1.8325,1.79938,1.83125,
CPRT,2007-05-02,1.83625,1.8725,1.83625,1.86438,
CPRT,2007-05-03,1.86375,1.87062,1.84438,1.84438,
CPRT,2007-05-04,1.845,1.86062,1.84125,1.84688,
CPRT,2007-05-07,1.84375,1.85562,1.8375,1.85125,
CPRT,2007-05-08,1.84188,1.8475,1.8275,1.8475,
CPRT,2007-05-09,1.83812,1.85938,1.83125,1.85375,
CPRT,2007-05-10,1.84188,1.8525,1.82188,1.82375,
CPRT,2007-05-11,1.82688,1.84562,1.82375,1.84062,
CPRT,2007-05-14,1.8375,1.85312,1.82812,1.84375,
CPRT,2007-05-15,1.84,1.86125,1.83812,1.84062,
CPRT,2007-05-16,1.84375,1.85375,1.835,1.85312,
CPRT,2007-05-17,1.845,1.8675,1.8425,1.85875,
CPRT,2007-05-18,1.86125,1.8825,1.85875,1.88,
CPRT,2007-05-21,1.86312,1.93312,1.86312,1.91,
CPRT,2007-05-22,1.90375,1.92875,1.89938,1.91875,
CPRT,2007-05-23,1.92438,1.94312,1.91188,1.91562,
CPRT,2007-05-24,1.91312,1.92312,1.875,1.875,
CPRT,2007-05-25,1.87562,1.89,1.875,1.87938,
CPRT,2007-05-29,1.88688,1.89688,1.87812,1.88875,
CPRT,2007-05-30,1.8775,1.90562,1.87125,1.89688,
CPRT,2007-05-31,1.89938,1.95812,1.89688,1.94938,
CPRT,2007-06-01,1.95188,1.96375,1.9275,1.96062,
CPRT,2007-06-04,1.95938,1.96062,1.92375,1.95125,
CPRT,2007-06-05,1.94875,1.95125,1.90062,1.9175,"Stocks in focus for Wednesday SAN FRANCISCO (MarketWatch) -- Among the companies whose shares are expected to see active trading in Wednesday's session are ADC Telecommunications Inc., Guess Inc., and TD Ameritrade Holding Corp."
CPRT,2007-06-06,1.85,1.89438,1.84938,1.85312,
CPRT,2007-06-07,1.85062,1.85062,1.79625,1.7975,
CPRT,2007-06-08,1.79125,1.82125,1.78562,1.8175,
CPRT,2007-06-11,1.81438,1.81562,1.7975,1.80688,
CPRT,2007-06-12,1.795,1.80062,1.78625,1.79,
CPRT,2007-06-13,1.79125,1.8075,1.78562,1.78688,
CPRT,2007-06-14,1.7825,1.8075,1.7825,1.8,
CPRT,2007-06-15,1.80812,1.82438,1.79625,1.81688,
CPRT,2007-06-18,1.8175,1.83625,1.81562,1.83,
CPRT,2007-06-19,1.82688,1.83375,1.81562,1.82625,
CPRT,2007-06-20,1.82625,1.83688,1.81375,1.8325,
CPRT,2007-06-21,1.82875,1.86125,1.8125,1.85688,
CPRT,2007-06-22,1.84375,1.86375,1.83125,1.84,
CPRT,2007-06-25,1.84938,1.87125,1.83625,1.855,
CPRT,2007-06-26,1.86188,1.87188,1.85125,1.85188,
CPRT,2007-06-27,1.84438,1.91,1.83625,1.905,
CPRT,2007-06-28,1.90625,1.9175,1.89312,1.89938,
CPRT,2007-06-29,1.905,1.93562,1.8975,1.91188,
CPRT,2007-07-02,1.92875,1.93562,1.9075,1.92312,
CPRT,2007-07-03,1.92562,1.93,1.91375,1.915,
CPRT,2007-07-05,1.91375,1.92625,1.89375,1.90625,
CPRT,2007-07-06,1.9125,1.95,1.9125,1.94,
CPRT,2007-07-09,1.94812,1.95625,1.935,1.94812,
CPRT,2007-07-10,1.94125,1.95688,1.91312,1.91312,
CPRT,2007-07-11,1.90938,1.93312,1.90938,1.92938,
CPRT,2007-07-12,1.94062,1.94625,1.91875,1.9275,
CPRT,2007-07-13,1.9175,1.93125,1.90938,1.92062,
CPRT,2007-07-16,1.9225,1.92688,1.90438,1.90938,
CPRT,2007-07-17,1.90875,1.92562,1.89062,1.89562,
CPRT,2007-07-18,1.89062,1.89062,1.86625,1.87062,
CPRT,2007-07-19,1.885,1.895,1.8625,1.86812,
CPRT,2007-07-20,1.865,1.86688,1.82188,1.845,
CPRT,2007-07-23,1.84938,1.86062,1.82375,1.845,
CPRT,2007-07-24,1.8275,1.83562,1.81,1.81312,
CPRT,2007-07-25,1.83062,1.83875,1.80312,1.8225,
CPRT,2007-07-26,1.8,1.81688,1.79188,1.7975,
CPRT,2007-07-27,1.79688,1.82,1.76688,1.77875,
CPRT,2007-07-30,1.78125,1.79812,1.76125,1.77625,
CPRT,2007-07-31,1.78375,1.79312,1.75688,1.75875,
CPRT,2007-08-01,1.75688,1.78188,1.74375,1.76438,
CPRT,2007-08-02,1.76938,1.79312,1.76312,1.78875,
CPRT,2007-08-03,1.79062,1.81875,1.78062,1.78688,
CPRT,2007-08-06,1.79562,1.83,1.77938,1.82875,
CPRT,2007-08-07,1.82312,1.85188,1.79125,1.84312,
CPRT,2007-08-08,1.85,1.91688,1.85,1.87812,
CPRT,2007-08-09,1.8525,1.88625,1.77188,1.82875,
CPRT,2007-08-10,1.79875,1.83375,1.77,1.7875,
CPRT,2007-08-13,1.89375,1.89375,1.7725,1.81125,
CPRT,2007-08-14,1.81062,1.81562,1.7575,1.77562,
CPRT,2007-08-15,1.76875,1.81625,1.7625,1.79312,
CPRT,2007-08-16,1.78062,1.8125,1.7625,1.80812,
CPRT,2007-08-17,1.86625,1.90188,1.8075,1.86562,
CPRT,2007-08-20,1.905,1.905,1.81438,1.83438,
CPRT,2007-08-21,1.83438,1.83875,1.80188,1.82812,
CPRT,2007-08-22,1.84875,1.85625,1.82562,1.84438,
CPRT,2007-08-23,1.85375,1.86312,1.81062,1.81562,
CPRT,2007-08-24,1.8225,1.82875,1.79562,1.81438,
CPRT,2007-08-27,1.81562,1.825,1.79688,1.80062,
CPRT,2007-08-28,1.8,1.80875,1.78312,1.78375,
CPRT,2007-08-29,1.79812,1.82125,1.785,1.81812,
CPRT,2007-08-30,1.80688,1.82812,1.79688,1.80938,
CPRT,2007-08-31,1.825,1.83688,1.805,1.83375,
CPRT,2007-09-04,1.83562,1.84938,1.83188,1.83562,
CPRT,2007-09-05,1.82688,1.84188,1.81875,1.835,
CPRT,2007-09-06,1.8425,1.84812,1.815,1.8275,
CPRT,2007-09-07,1.8125,1.82188,1.78812,1.79625,
CPRT,2007-09-10,1.8075,1.82625,1.78688,1.8125,
CPRT,2007-09-11,1.82375,1.83625,1.80812,1.83438,
CPRT,2007-09-12,1.83312,1.84688,1.8275,1.82938,
CPRT,2007-09-13,1.8425,1.85938,1.81625,1.8375,
CPRT,2007-09-14,1.8275,1.855,1.82438,1.8525,
CPRT,2007-09-17,1.85125,1.85125,1.82188,1.8325,
CPRT,2007-09-18,1.84625,1.8825,1.82625,1.87312,
CPRT,2007-09-19,1.88062,1.90375,1.86312,1.86688,
CPRT,2007-09-20,1.86438,1.865,1.84375,1.85938,
CPRT,2007-09-21,1.875,1.875,1.8125,1.8225,
CPRT,2007-09-24,1.8225,1.84562,1.81562,1.835,
CPRT,2007-09-25,1.8275,1.85312,1.825,1.84188,
CPRT,2007-09-26,1.85,1.875,1.82375,1.87312,
CPRT,2007-09-27,1.95,2.1325,1.95,2.11562,
CPRT,2007-09-28,2.1125,2.17313,2.10438,2.14938,
CPRT,2007-10-01,2.15,2.18062,2.11875,2.125,
CPRT,2007-10-02,2.13188,2.1525,2.12125,2.12438,
CPRT,2007-10-03,2.10875,2.1675,2.09938,2.1525,
CPRT,2007-10-04,2.1625,2.22625,2.1625,2.2,
CPRT,2007-10-05,2.23688,2.31562,2.23688,2.25062,
CPRT,2007-10-08,2.25,2.265,2.19563,2.2125,
CPRT,2007-10-09,2.22438,2.26688,2.21875,2.26562,
CPRT,2007-10-10,2.26562,2.26562,2.21812,2.24375,
CPRT,2007-10-11,2.24688,2.24688,2.20438,2.23,
CPRT,2007-10-12,2.23062,2.28,2.23062,2.26375,
CPRT,2007-10-15,2.245,2.26375,2.22312,2.25625,
CPRT,2007-10-16,2.31125,2.31375,2.29062,2.30062,
CPRT,2007-10-17,2.3125,2.35438,2.30125,2.32812,
CPRT,2007-10-18,2.32875,2.37375,2.32875,2.36937,
CPRT,2007-10-19,2.36937,2.41125,2.34875,2.36125,
CPRT,2007-10-22,2.34375,2.35812,2.3125,2.34375,
CPRT,2007-10-23,2.3625,2.375,2.31438,2.35938,
CPRT,2007-10-24,2.35438,2.35562,2.30375,2.34375,
CPRT,2007-10-25,2.34,2.41125,2.33625,2.35312,
CPRT,2007-10-26,2.3825,2.4075,2.36063,2.3825,
CPRT,2007-10-29,2.3875,2.39375,2.35062,2.36125,
CPRT,2007-10-30,2.35938,2.36875,2.31688,2.345,
CPRT,2007-10-31,2.345,2.40625,2.345,2.39875,
CPRT,2007-11-01,2.3855,2.4025,2.33312,2.34125,
CPRT,2007-11-02,2.35625,2.35625,2.29375,2.32063,
CPRT,2007-11-05,2.29625,2.34063,2.28875,2.32,
CPRT,2007-11-06,2.32063,2.33375,2.28312,2.32625,
CPRT,2007-11-07,2.3075,2.3075,2.23125,2.23688,
CPRT,2007-11-08,2.24812,2.2775,2.20938,2.26625,
CPRT,2007-11-09,2.23563,2.26437,2.19563,2.20062,
CPRT,2007-11-12,2.20312,2.25,2.18812,2.19563,
CPRT,2007-11-13,2.215,2.25875,2.1875,2.25563,
CPRT,2007-11-14,2.26312,2.27188,2.20125,2.2025,
CPRT,2007-11-15,2.19125,2.25688,2.19125,2.21188,
CPRT,2007-11-16,2.22125,2.2375,2.18812,2.22062,
CPRT,2007-11-19,2.20875,2.25,2.20375,2.2075,
CPRT,2007-11-20,2.21188,2.21375,2.10625,2.125,
CPRT,2007-11-21,2.10875,2.13125,2.09,2.10438,
CPRT,2007-11-23,2.12125,2.17812,2.12062,2.15688,
CPRT,2007-11-26,2.16062,2.17688,2.13812,2.14562,
CPRT,2007-11-27,2.155,2.195,2.15125,2.18812,
CPRT,2007-11-28,2.20938,2.30188,2.2075,2.28125,
CPRT,2007-11-29,2.27625,2.32812,2.26125,2.32812,
CPRT,2007-11-30,2.35625,2.37312,2.30625,2.335,
CPRT,2007-12-03,2.35625,2.35625,2.2975,2.31813,
CPRT,2007-12-04,2.29562,2.34,2.29562,2.31375,
CPRT,2007-12-05,2.40125,2.572,2.40125,2.4905,
CPRT,2007-12-06,2.5125,2.6055,2.4655,2.5275,
CPRT,2007-12-07,2.543,2.5755,2.538,2.567,
CPRT,2007-12-10,2.56875,2.58125,2.543,2.578,
CPRT,2007-12-11,2.59375,2.622,2.545,2.547,
CPRT,2007-12-12,2.602,2.6245,2.55,2.5755,
CPRT,2007-12-13,2.5745,2.60875,2.5655,2.5975,
CPRT,2007-12-14,2.59375,2.6325,2.59375,2.6195,
CPRT,2007-12-17,2.6375,2.65375,2.582,2.607,
CPRT,2007-12-18,2.63625,2.63625,2.5205,2.562,
CPRT,2007-12-19,2.56125,2.5795,2.51625,2.5595,
CPRT,2007-12-20,2.58125,2.607,2.54,2.607,
CPRT,2007-12-21,2.668,2.668,2.60625,2.637,
CPRT,2007-12-24,2.658,2.6695,2.6255,2.6555,
CPRT,2007-12-26,2.658,2.7045,2.627,2.6725,
CPRT,2007-12-27,2.67625,2.687,2.65625,2.67625,
CPRT,2007-12-28,2.69875,2.69875,2.6495,2.66375,
CPRT,2007-12-31,2.687,2.687,2.627,2.6595,
CPRT,2008-01-02,2.65375,2.682,2.57,2.5825,
CPRT,2008-01-03,2.602,2.61625,2.5675,2.6155,
CPRT,2008-01-04,2.57875,2.6025,2.532,2.54,
CPRT,2008-01-07,2.543,2.6475,2.51875,2.642,
CPRT,2008-01-08,2.6455,2.667,2.5855,2.5855,
CPRT,2008-01-09,2.5805,2.635,2.547,2.6305,
CPRT,2008-01-10,2.617,2.668,2.563,2.657,
CPRT,2008-01-11,2.6305,2.63625,2.587,2.5875,
CPRT,2008-01-14,2.6105,2.6105,2.542,2.5805,
CPRT,2008-01-15,2.535,2.563,2.447,2.5055,
CPRT,2008-01-16,2.4905,2.548,2.4545,2.515,
CPRT,2008-01-17,2.52,2.542,2.453,2.457,
CPRT,2008-01-18,2.46125,2.4795,2.413,2.463,
CPRT,2008-01-22,2.448,2.448,2.36812,2.4045,
CPRT,2008-01-23,2.3855,2.443,2.35938,2.4355,
CPRT,2008-01-24,2.4405,2.45375,2.4075,2.44375,
CPRT,2008-01-25,2.4845,2.487,2.44,2.4725,
CPRT,2008-01-28,2.46875,2.557,2.438,2.557,
CPRT,2008-01-29,2.562,2.562,2.50625,2.535,"[""U.S. markets stabilize atop major support Tuesday's analysis"", ""U.S. markets stabilize, positioned to retest major resistance CINCINNATI (MarketWatch) -- Looking back at the past week, about anything that could happen technically, did happen.""]"
CPRT,2008-01-30,2.525,2.577,2.51625,2.52125,
CPRT,2008-01-31,2.5,2.5805,2.4875,2.555,
CPRT,2008-02-01,2.5645,2.593,2.53125,2.5625,
CPRT,2008-02-04,2.568,2.58625,2.5005,2.5425,
CPRT,2008-02-05,2.502,2.52125,2.457,2.45875,
CPRT,2008-02-06,2.467,2.47625,2.393,2.3975,
CPRT,2008-02-07,2.37875,2.45375,2.37875,2.438,
CPRT,2008-02-08,2.4375,2.46625,2.392,2.41125,
CPRT,2008-02-11,2.40875,2.4445,2.37625,2.405,
CPRT,2008-02-12,2.4225,2.483,2.4105,2.4605,
CPRT,2008-02-13,2.48625,2.5225,2.48625,2.518,
CPRT,2008-02-14,2.527,2.5345,2.458,2.4725,
CPRT,2008-02-15,2.458,2.458,2.41625,2.43625,
CPRT,2008-02-19,2.42625,2.49125,2.3875,2.39625,
CPRT,2008-02-20,2.38125,2.45875,2.3805,2.45375,
CPRT,2008-02-21,2.473,2.505,2.403,2.4175,
CPRT,2008-02-22,2.4295,2.43125,2.3855,2.4295,
CPRT,2008-02-25,2.432,2.47625,2.4045,2.472,
CPRT,2008-02-26,2.468,2.527,2.468,2.497,
CPRT,2008-02-27,2.4725,2.5975,2.4725,2.5905,
CPRT,2008-02-28,2.5855,2.67375,2.53125,2.66,
CPRT,2008-02-29,2.627,2.6425,2.5575,2.60375,
CPRT,2008-03-03,2.6095,2.677,2.56875,2.6425,
CPRT,2008-03-04,2.6205,2.6375,2.54375,2.60625,
CPRT,2008-03-05,2.6195,2.648,2.5505,2.6145,
CPRT,2008-03-06,2.61375,2.61375,2.45125,2.4645,
CPRT,2008-03-07,2.13313,2.30562,2.11312,2.21312,
CPRT,2008-03-10,2.27125,2.33375,2.25688,2.32188,
CPRT,2008-03-11,2.32438,2.35438,2.30625,2.34562,
CPRT,2008-03-12,2.34562,2.34562,2.2925,2.33188,
CPRT,2008-03-13,2.32562,2.395,2.3125,2.3825,
CPRT,2008-03-14,2.4005,2.4755,2.36,2.3875,
CPRT,2008-03-17,2.31312,2.41125,2.31312,2.3825,
CPRT,2008-03-18,2.4175,2.433,2.3375,2.375,
CPRT,2008-03-19,2.35938,2.41375,2.34312,2.36812,
CPRT,2008-03-20,2.38375,2.4455,2.36812,2.4455,
CPRT,2008-03-24,2.458,2.49375,2.442,2.47,
CPRT,2008-03-25,2.4725,2.498,2.43375,2.4705,
CPRT,2008-03-26,2.46875,2.46875,2.42,2.43125,
CPRT,2008-03-27,2.44125,2.4875,2.4,2.4045,
CPRT,2008-03-28,2.4175,2.4525,2.378,2.3875,
CPRT,2008-03-31,2.39875,2.433,2.36562,2.4225,
CPRT,2008-04-01,2.4375,2.485,2.4095,2.47125,
CPRT,2008-04-02,2.46875,2.5055,2.43875,2.477,
CPRT,2008-04-03,2.47,2.50625,2.43,2.503,
CPRT,2008-04-04,2.50875,2.5875,2.5,2.582,
CPRT,2008-04-07,2.5925,2.5925,2.532,2.5475,
CPRT,2008-04-08,2.547,2.5545,2.51625,2.542,
CPRT,2008-04-09,2.54,2.548,2.492,2.4995,
CPRT,2008-04-10,2.52,2.527,2.4995,2.5055,
CPRT,2008-04-11,2.497,2.5095,2.47,2.493,
CPRT,2008-04-14,2.498,2.498,2.4775,2.48625,
CPRT,2008-04-15,2.48625,2.48625,2.44875,2.472,
CPRT,2008-04-16,2.4825,2.535,2.472,2.52625,
CPRT,2008-04-17,2.5225,2.5225,2.483,2.5105,
CPRT,2008-04-18,2.53875,2.575,2.513,2.5355,
CPRT,2008-04-21,2.5295,2.545,2.507,2.5445,
CPRT,2008-04-22,2.5395,2.5405,2.5,2.532,
CPRT,2008-04-23,2.5345,2.537,2.49,2.527,
CPRT,2008-04-24,2.5345,2.58,2.5005,2.5525,
CPRT,2008-04-25,2.558,2.588,2.53125,2.57125,
CPRT,2008-04-28,2.5795,2.6125,2.5625,2.5905,
CPRT,2008-04-29,2.592,2.59375,2.5205,2.5605,
CPRT,2008-04-30,2.56125,2.6055,2.53625,2.5545,
CPRT,2008-05-01,2.5475,2.6145,2.54625,2.61125,
CPRT,2008-05-02,2.61875,2.652,2.575,2.5775,
CPRT,2008-05-05,2.585,2.585,2.5375,2.563,
CPRT,2008-05-06,2.557,2.587,2.5355,2.5705,
CPRT,2008-05-07,2.577,2.6045,2.542,2.5495,
CPRT,2008-05-08,2.55875,2.57875,2.53625,2.5595,
CPRT,2008-05-09,2.543,2.603,2.528,2.59375,
CPRT,2008-05-12,2.6025,2.6025,2.55625,2.57125,
CPRT,2008-05-13,2.577,2.61875,2.565,2.61625,
CPRT,2008-05-14,2.625,2.6545,2.6005,2.60625,
CPRT,2008-05-15,2.612,2.6405,2.60625,2.63375,
CPRT,2008-05-16,2.647,2.64875,2.598,2.63625,
CPRT,2008-05-19,2.6425,2.65,2.598,2.6125,
CPRT,2008-05-20,2.612,2.63,2.5725,2.5955,
CPRT,2008-05-21,2.595,2.6375,2.5675,2.592,
CPRT,2008-05-22,2.592,2.63125,2.57,2.62875,
CPRT,2008-05-23,2.625,2.635,2.60125,2.628,
CPRT,2008-05-27,2.637,2.682,2.625,2.67875,
CPRT,2008-05-28,2.7,2.7255,2.68375,2.70125,
CPRT,2008-05-29,2.703,2.817,2.70125,2.7975,
CPRT,2008-05-30,2.807,2.853,2.7555,2.8125,
CPRT,2008-06-02,2.8125,2.8855,2.7475,2.7575,
CPRT,2008-06-03,2.765,2.7975,2.75125,2.77375,
CPRT,2008-06-04,2.85,2.898,2.78125,2.87625,"Wednesday's biggest gaining and declining stocks Stocks seeing active trade on Wednesday include American Woodmark, Bank of America, Copart, Corporate Express, Guess, Novartis, E.W. Scripps, Sequenom, Staples and Yahoo."
CPRT,2008-06-05,2.903,2.9905,2.89375,2.9875,
CPRT,2008-06-06,2.983,3.00875,2.91125,2.938,
CPRT,2008-06-09,2.99875,3.0545,2.953,3.0045,
CPRT,2008-06-10,2.99625,3.002,2.9455,2.95,
CPRT,2008-06-11,2.94125,2.97125,2.897,2.9095,
CPRT,2008-06-12,2.9075,2.9855,2.9075,2.952,
CPRT,2008-06-13,2.9555,2.972,2.90625,2.9375,
CPRT,2008-06-16,2.9375,2.978,2.9375,2.96875,
CPRT,2008-06-17,2.98375,3.018,2.98375,3.007,
CPRT,2008-06-18,3.0025,3.015,2.8745,2.875,
CPRT,2008-06-19,2.8825,3.02,2.8545,3.013,
CPRT,2008-06-20,3.01,3.023,2.95125,2.9845,
CPRT,2008-06-23,2.987,3.08375,2.987,3.0275,
CPRT,2008-06-24,3.0255,3.0655,3.0045,3.0055,
CPRT,2008-06-25,2.99875,2.99875,2.86875,2.903,
CPRT,2008-06-26,2.878,2.878,2.8005,2.85375,
CPRT,2008-06-27,2.8425,2.8425,2.778,2.80625,
CPRT,2008-06-30,2.76625,2.828,2.67375,2.67625,
CPRT,2008-07-01,2.64375,2.65625,2.59375,2.647,
CPRT,2008-07-02,2.6445,2.65625,2.51875,2.53375,
CPRT,2008-07-03,2.5455,2.59625,2.5145,2.5305,
CPRT,2008-07-07,2.532,2.578,2.46875,2.5075,
CPRT,2008-07-08,2.518,2.628,2.49625,2.628,
CPRT,2008-07-09,2.63125,2.70125,2.6095,2.69,
CPRT,2008-07-10,2.7005,2.7375,2.658,2.6875,
CPRT,2008-07-11,2.6505,2.7045,2.6125,2.68375,
CPRT,2008-07-14,2.6805,2.723,2.643,2.6705,
CPRT,2008-07-15,2.64125,2.6555,2.602,2.625,
CPRT,2008-07-16,2.628,2.673,2.6195,2.6695,
CPRT,2008-07-17,2.68,2.752,2.6605,2.75125,
CPRT,2008-07-18,2.7525,2.76125,2.695,2.7075,
CPRT,2008-07-21,2.72625,2.757,2.702,2.73,
CPRT,2008-07-22,2.708,2.7955,2.708,2.7905,
CPRT,2008-07-23,2.7875,2.817,2.75375,2.7775,
CPRT,2008-07-24,2.773,2.79625,2.72625,2.7425,
CPRT,2008-07-25,2.7525,2.79125,2.7045,2.718,
CPRT,2008-07-28,2.72375,2.7755,2.712,2.7275,
CPRT,2008-07-29,2.7425,2.78875,2.73625,2.7705,
CPRT,2008-07-30,2.788,2.812,2.725,2.7545,
CPRT,2008-07-31,2.7425,2.787,2.72875,2.74125,
CPRT,2008-08-01,2.765,2.783,2.69625,2.7275,
CPRT,2008-08-04,2.7225,2.742,2.69375,2.722,
CPRT,2008-08-05,2.73375,2.78125,2.725,2.77875,
CPRT,2008-08-06,2.765,2.765,2.74125,2.7505,
CPRT,2008-08-07,2.743,2.7595,2.71875,2.723,
CPRT,2008-08-08,2.71875,2.7805,2.71875,2.768,
CPRT,2008-08-11,2.773,2.838,2.7355,2.81125,
CPRT,2008-08-12,2.79875,2.813,2.75,2.762,
CPRT,2008-08-13,2.763,2.83625,2.723,2.752,
CPRT,2008-08-14,2.73625,2.865,2.73625,2.8025,
CPRT,2008-08-15,2.803,2.8305,2.76625,2.7855,
CPRT,2008-08-18,2.8005,2.8005,2.7455,2.775,
CPRT,2008-08-19,2.743,2.783,2.695,2.7145,
CPRT,2008-08-20,2.725,2.73375,2.6875,2.715,
CPRT,2008-08-21,2.683,2.7625,2.683,2.71375,
CPRT,2008-08-22,2.728,2.7705,2.728,2.76625,
CPRT,2008-08-25,2.75,2.75,2.688,2.697,
CPRT,2008-08-26,2.6925,2.7275,2.6855,2.7055,
CPRT,2008-08-27,2.705,2.76375,2.702,2.7425,
CPRT,2008-08-28,2.75375,2.7875,2.7275,2.768,
CPRT,2008-08-29,2.7645,2.775,2.735,2.7505,
CPRT,2008-09-02,2.7655,2.84,2.75625,2.8005,
CPRT,2008-09-03,2.8025,2.8375,2.7595,2.78125,
CPRT,2008-09-04,2.7655,2.7795,2.7195,2.7355,
CPRT,2008-09-05,2.717,2.7675,2.66375,2.73875,
CPRT,2008-09-08,2.69125,2.8155,2.69125,2.77875,
CPRT,2008-09-09,2.78125,2.8125,2.742,2.75,
CPRT,2008-09-10,2.763,2.778,2.725,2.74375,
CPRT,2008-09-11,2.705,2.7925,2.67875,2.78625,
CPRT,2008-09-12,2.783,2.87875,2.7755,2.83125,
CPRT,2008-09-15,2.697,2.935,2.6875,2.8775,
CPRT,2008-09-16,2.8355,2.91875,2.8125,2.90125,
CPRT,2008-09-17,2.877,2.90625,2.78875,2.807,
CPRT,2008-09-18,2.84375,2.84375,2.64875,2.7395,
CPRT,2008-09-19,2.8405,2.86625,2.67,2.683,
CPRT,2008-09-22,2.6705,2.7375,2.6405,2.70875,
CPRT,2008-09-23,2.72,2.737,2.5895,2.60875,
CPRT,2008-09-24,2.625,2.638,2.547,2.5625,
CPRT,2008-09-25,2.6225,2.6375,2.54125,2.5625,
CPRT,2008-09-26,2.51625,2.54125,2.44,2.472,
CPRT,2008-09-29,2.46,2.462,2.32375,2.3525,
CPRT,2008-09-30,2.383,2.43875,2.34125,2.375,
CPRT,2008-10-01,2.34438,2.3845,2.34438,2.37062,
CPRT,2008-10-02,2.37062,2.403,2.34375,2.36063,
CPRT,2008-10-03,2.37188,2.405,2.34438,2.3525,
CPRT,2008-10-06,2.32125,2.325,2.095,2.19375,
CPRT,2008-10-07,2.19938,2.22938,2.10875,2.10875,
CPRT,2008-10-08,2.06688,2.11875,1.98438,2.06375,
CPRT,2008-10-09,2.06813,2.11438,2.01,2.04688,
CPRT,2008-10-10,1.9825,2.245,1.94875,2.15562,
CPRT,2008-10-13,2.23563,2.30625,2.20375,2.27688,
CPRT,2008-10-14,2.32875,2.462,2.15625,2.19,
CPRT,2008-10-15,2.16812,2.16812,2.045,2.04875,
CPRT,2008-10-16,1.98125,2.05125,1.88812,2.03375,
CPRT,2008-10-17,1.99188,2.11063,1.95688,2.00563,
CPRT,2008-10-20,2.02875,2.17375,2.0125,2.17188,
CPRT,2008-10-21,2.15313,2.19438,2.11063,2.13875,
CPRT,2008-10-22,2.095,2.18,2.04375,2.10125,
CPRT,2008-10-23,2.11188,2.205,2.01562,2.0675,
CPRT,2008-10-24,2.0,2.07562,1.96875,2.0375,
CPRT,2008-10-27,2.00563,2.05687,1.96188,1.96625,
CPRT,2008-10-28,1.99625,2.07562,1.93438,2.07438,
CPRT,2008-10-29,2.07438,2.17688,2.05812,2.11312,
CPRT,2008-10-30,2.15875,2.15875,2.08562,2.12125,
CPRT,2008-10-31,2.12938,2.2125,2.09,2.18125,
CPRT,2008-11-03,2.18125,2.22625,2.17625,2.19438,
CPRT,2008-11-04,2.16625,2.25375,2.16562,2.24375,
CPRT,2008-11-05,2.21875,2.28562,2.15,2.15313,
CPRT,2008-11-06,2.14938,2.18562,2.10875,2.115,
CPRT,2008-11-07,2.13313,2.18875,1.93,2.0,
CPRT,2008-11-10,2.04125,2.07375,1.94062,1.9725,
CPRT,2008-11-11,1.95,1.96875,1.82062,1.835,
CPRT,2008-11-12,1.81438,1.82812,1.75938,1.7975,
CPRT,2008-11-13,1.79938,1.89375,1.73625,1.89375,
CPRT,2008-11-14,1.87125,1.9,1.74125,1.74562,
CPRT,2008-11-17,1.73562,1.74375,1.62938,1.63438,
CPRT,2008-11-18,1.63625,1.67875,1.59062,1.64875,
CPRT,2008-11-19,1.64438,1.68812,1.5625,1.5625,
CPRT,2008-11-20,1.55,1.62938,1.55,1.56125,
CPRT,2008-11-21,1.58562,1.66312,1.55438,1.66188,
CPRT,2008-11-24,1.6575,1.6675,1.61125,1.64812,
CPRT,2008-11-25,1.675,1.67625,1.61375,1.64312,
CPRT,2008-11-26,1.47062,1.665,1.46938,1.64312,
CPRT,2008-11-28,1.62688,1.67375,1.59688,1.66688,
CPRT,2008-12-01,1.59812,1.63562,1.49312,1.49375,
CPRT,2008-12-02,1.51,1.55812,1.45312,1.455,
CPRT,2008-12-03,1.4375,1.47438,1.40875,1.4625,
CPRT,2008-12-04,1.48938,1.71938,1.47,1.68188,Thursday's biggest gaining and declining stocks Some of the news and developments related to companies whose shares are making notable moves in the U.S. stock market.
CPRT,2008-12-05,1.62688,1.65625,1.58438,1.60188,
CPRT,2008-12-08,1.61188,1.65188,1.59125,1.60625,
CPRT,2008-12-09,1.60625,1.60875,1.53125,1.54062,
CPRT,2008-12-10,1.56875,1.61125,1.53438,1.59188,
CPRT,2008-12-11,1.59938,1.64438,1.5625,1.63438,
CPRT,2008-12-12,1.5975,1.61438,1.5625,1.60438,
CPRT,2008-12-15,1.62125,1.63062,1.58438,1.6025,
CPRT,2008-12-16,1.61375,1.68312,1.595,1.67312,
CPRT,2008-12-17,1.6425,1.76062,1.62562,1.71812,
CPRT,2008-12-18,1.70875,1.73938,1.65125,1.6825,
CPRT,2008-12-19,1.68812,1.70688,1.65688,1.68312,
CPRT,2008-12-22,1.6875,1.69625,1.585,1.635,
CPRT,2008-12-23,1.64438,1.68688,1.625,1.6675,
CPRT,2008-12-24,1.665,1.6675,1.62938,1.65688,
CPRT,2008-12-26,1.6575,1.66375,1.63938,1.66125,
CPRT,2008-12-29,1.65438,1.65938,1.61875,1.6325,
CPRT,2008-12-30,1.6325,1.65812,1.61375,1.65438,
CPRT,2008-12-31,1.65875,1.72312,1.655,1.69938,
CPRT,2009-01-02,1.69625,1.75938,1.6875,1.75188,
CPRT,2009-01-05,1.75125,1.76062,1.7225,1.74375,
CPRT,2009-01-06,1.75875,1.77375,1.72812,1.76125,
CPRT,2009-01-07,1.75125,1.76,1.68062,1.70438,
CPRT,2009-01-08,1.70562,1.735,1.69875,1.7275,
CPRT,2009-01-09,1.73188,1.74562,1.6925,1.70062,
CPRT,2009-01-12,1.70312,1.72,1.63438,1.65438,
CPRT,2009-01-13,1.6475,1.69062,1.62938,1.65,
CPRT,2009-01-14,1.6375,1.6675,1.60562,1.6275,
CPRT,2009-01-15,1.61562,1.65938,1.54625,1.64438,
CPRT,2009-01-16,1.65562,1.65562,1.60312,1.64188,
CPRT,2009-01-20,1.62562,1.6425,1.54312,1.55125,
CPRT,2009-01-21,1.56438,1.61438,1.5175,1.61438,
CPRT,2009-01-22,1.59125,1.61688,1.57,1.58562,
CPRT,2009-01-23,1.55812,1.57125,1.52562,1.53875,
CPRT,2009-01-26,1.54188,1.56312,1.52812,1.54688,
CPRT,2009-01-27,1.55875,1.58,1.54688,1.56125,
CPRT,2009-01-28,1.5825,1.635,1.57125,1.605,
CPRT,2009-01-29,1.59625,1.6125,1.5725,1.57812,
CPRT,2009-01-30,1.5675,1.58312,1.49625,1.50562,
CPRT,2009-02-02,1.48562,1.5475,1.4675,1.5375,
CPRT,2009-02-03,1.55,1.55875,1.51812,1.53125,
CPRT,2009-02-04,1.53625,1.56438,1.50562,1.54438,
CPRT,2009-02-05,1.53938,1.60938,1.52062,1.60188,
CPRT,2009-02-06,1.60188,1.67,1.58625,1.665,
CPRT,2009-02-09,1.68375,1.68688,1.64312,1.68062,
CPRT,2009-02-10,1.67438,1.68062,1.63062,1.6375,
CPRT,2009-02-11,1.6375,1.66688,1.62438,1.63312,
CPRT,2009-02-12,1.61938,1.63938,1.5825,1.63312,
CPRT,2009-02-13,1.62938,1.65875,1.62938,1.64688,
CPRT,2009-02-17,1.61188,1.63125,1.57625,1.585,
CPRT,2009-02-18,1.6875,1.69125,1.62,1.6275,
CPRT,2009-02-19,1.63375,1.75438,1.62688,1.73125,
CPRT,2009-02-20,1.71625,1.73688,1.69,1.69812,
CPRT,2009-02-23,1.71188,1.72938,1.65438,1.6575,
CPRT,2009-02-24,1.6725,1.70688,1.64125,1.70062,
CPRT,2009-02-25,1.70312,1.73625,1.64062,1.68312,
CPRT,2009-02-26,1.69938,1.71562,1.66688,1.67188,
CPRT,2009-02-27,1.64562,1.71625,1.64062,1.68875,
CPRT,2009-03-02,1.64438,1.70812,1.61812,1.61938,
CPRT,2009-03-03,1.65188,1.67062,1.60688,1.61125,
CPRT,2009-03-04,1.625,1.63938,1.56188,1.57812,
CPRT,2009-03-05,1.575,1.72125,1.54688,1.65,
CPRT,2009-03-06,1.6475,1.69875,1.63,1.68625,
CPRT,2009-03-09,1.67375,1.70688,1.63812,1.645,
CPRT,2009-03-10,1.65438,1.73188,1.635,1.73188,
CPRT,2009-03-11,1.74875,1.78438,1.735,1.76188,
CPRT,2009-03-12,1.75562,1.85062,1.73625,1.84438,
CPRT,2009-03-13,1.85438,1.89062,1.82,1.84438,
CPRT,2009-03-16,1.8675,1.8675,1.77062,1.77562,
CPRT,2009-03-17,1.78625,1.7925,1.75312,1.78125,
CPRT,2009-03-18,1.76625,1.85188,1.76625,1.83562,
CPRT,2009-03-19,1.85312,1.8875,1.83188,1.875,
CPRT,2009-03-20,1.875,1.88438,1.82188,1.84562,
CPRT,2009-03-23,1.86312,1.92125,1.84,1.92125,
CPRT,2009-03-24,1.90812,1.93812,1.89125,1.91875,
CPRT,2009-03-25,1.92125,1.95312,1.88938,1.9325,
CPRT,2009-03-26,1.95188,2.0025,1.93062,2.00188,
CPRT,2009-03-27,1.98875,2.00125,1.9375,1.94688,
CPRT,2009-03-30,1.92,1.93875,1.85938,1.8675,
CPRT,2009-03-31,1.88562,1.90438,1.83812,1.85375,
CPRT,2009-04-01,1.84062,1.85875,1.79125,1.83062,
CPRT,2009-04-02,1.85,1.93875,1.84625,1.91938,
CPRT,2009-04-03,1.91312,1.93,1.855,1.87625,
CPRT,2009-04-06,1.86,1.88062,1.82625,1.8475,
CPRT,2009-04-07,1.835,1.85562,1.815,1.83438,
CPRT,2009-04-08,1.84312,1.86875,1.82688,1.84688,
CPRT,2009-04-09,1.86812,1.88438,1.84375,1.88062,
CPRT,2009-04-13,1.87375,1.89875,1.86938,1.89562,
CPRT,2009-04-14,1.87375,1.90188,1.84812,1.88812,
CPRT,2009-04-15,1.91188,1.9125,1.86188,1.88625,
CPRT,2009-04-16,1.895,1.96812,1.8825,1.95875,
CPRT,2009-04-17,1.96375,1.97188,1.93375,1.96188,
CPRT,2009-04-20,1.9325,1.96625,1.9175,1.94125,
CPRT,2009-04-21,1.9275,1.97188,1.90375,1.96312,
CPRT,2009-04-22,1.93375,2.04875,1.93,1.97938,
CPRT,2009-04-23,1.97812,1.97812,1.91,1.93625,
CPRT,2009-04-24,1.95125,1.97375,1.93438,1.93875,
CPRT,2009-04-27,1.90875,1.95062,1.8975,1.93562,
CPRT,2009-04-28,1.92875,1.9675,1.90688,1.93562,
CPRT,2009-04-29,1.9525,1.99625,1.93062,1.97188,
CPRT,2009-04-30,1.98375,2.00688,1.94875,1.96188,
CPRT,2009-05-01,1.94688,1.97938,1.9275,1.96438,
CPRT,2009-05-04,1.97375,1.99062,1.95312,1.96688,
CPRT,2009-05-05,1.9675,1.99188,1.9375,1.95312,
CPRT,2009-05-06,1.97688,1.9775,1.91438,1.95312,
CPRT,2009-05-07,1.975,1.97938,1.91438,1.93188,
CPRT,2009-05-08,1.95312,1.97938,1.93438,1.97312,
CPRT,2009-05-11,1.94438,1.99875,1.93438,1.97562,
CPRT,2009-05-12,2.00062,2.00062,1.93188,1.95875,
CPRT,2009-05-13,1.93188,1.94188,1.875,1.895,
CPRT,2009-05-14,1.88938,1.91875,1.875,1.89,
CPRT,2009-05-15,1.88062,1.90375,1.81812,1.82438,
CPRT,2009-05-18,1.84188,1.85938,1.81375,1.8525,
CPRT,2009-05-19,1.8325,1.89812,1.8325,1.88125,
CPRT,2009-05-20,1.89938,1.9225,1.8775,1.87938,
CPRT,2009-05-21,1.86562,1.88312,1.86062,1.87625,
CPRT,2009-05-22,1.88812,1.90875,1.8625,1.865,
CPRT,2009-05-26,1.84688,1.93312,1.82688,1.92875,
CPRT,2009-05-27,1.92375,1.9475,1.90625,1.92188,
CPRT,2009-05-28,1.92188,1.96312,1.88938,1.92125,
CPRT,2009-05-29,1.91938,1.94875,1.90688,1.91812,
CPRT,2009-06-01,1.94438,1.99938,1.94438,1.99375,
CPRT,2009-06-02,1.97062,1.99562,1.965,1.98188,
CPRT,2009-06-03,1.96125,1.9825,1.92688,1.9825,
CPRT,2009-06-04,2.04625,2.19188,2.02813,2.14812,
CPRT,2009-06-05,2.12125,2.16938,2.0775,2.14938,
CPRT,2009-06-08,2.06312,2.125,2.0475,2.11312,
CPRT,2009-06-09,2.09687,2.125,2.08312,2.115,
CPRT,2009-06-10,2.11438,2.13562,2.09375,2.13,
CPRT,2009-06-11,2.12125,2.15375,2.11562,2.14375,
CPRT,2009-06-12,2.12188,2.15625,2.10375,2.15375,
CPRT,2009-06-15,2.1375,2.15625,2.11438,2.15125,
CPRT,2009-06-16,2.15625,2.17,2.13562,2.14875,
CPRT,2009-06-17,2.15375,2.17,2.13063,2.145,
CPRT,2009-06-18,2.14562,2.16438,2.12688,2.155,
CPRT,2009-06-19,2.17688,2.19812,2.1375,2.14375,
CPRT,2009-06-22,2.14062,2.17188,2.13125,2.13125,
CPRT,2009-06-23,2.13875,2.16688,2.13063,2.13937,
CPRT,2009-06-24,2.14812,2.18438,2.145,2.16875,
CPRT,2009-06-25,2.16812,2.23875,2.16438,2.23688,
CPRT,2009-06-26,2.2225,2.25,2.19313,2.19625,
CPRT,2009-06-29,2.20312,2.21875,2.175,2.19563,
CPRT,2009-06-30,2.20312,2.21875,2.15875,2.16688,
CPRT,2009-07-01,2.17688,2.19375,2.14625,2.18438,
CPRT,2009-07-02,2.1675,2.1675,2.10062,2.1125,
CPRT,2009-07-06,2.10125,2.12375,2.07,2.07812,
CPRT,2009-07-07,2.08625,2.08625,2.05938,2.06438,
CPRT,2009-07-08,2.07125,2.0875,2.02062,2.05,
CPRT,2009-07-09,2.05562,2.0675,2.01562,2.05687,
CPRT,2009-07-10,2.04188,2.08312,2.03688,2.05437,
CPRT,2009-07-13,2.005,2.03562,1.9625,2.0125,
CPRT,2009-07-14,2.00188,2.03312,1.99375,2.0275,
CPRT,2009-07-15,2.035,2.08062,2.01875,2.07812,
CPRT,2009-07-16,2.0725,2.12438,2.05687,2.11562,
CPRT,2009-07-17,2.12188,2.12188,2.07,2.08688,
CPRT,2009-07-20,2.08812,2.11375,2.08312,2.11125,
CPRT,2009-07-21,2.11937,2.12625,2.06312,2.08375,
CPRT,2009-07-22,2.08438,2.11875,2.08438,2.10938,
CPRT,2009-07-23,2.11125,2.15625,2.09188,2.11875,
CPRT,2009-07-24,2.10312,2.12688,2.08312,2.12625,
CPRT,2009-07-27,2.12688,2.14812,2.11063,2.13688,
CPRT,2009-07-28,2.1225,2.14688,2.09625,2.13438,
CPRT,2009-07-29,2.11875,2.14875,2.11063,2.13625,
CPRT,2009-07-30,2.145,2.18125,2.09875,2.1675,
CPRT,2009-07-31,2.16375,2.22187,2.14812,2.20688,
CPRT,2009-08-03,2.215,2.225,2.20438,2.22125,
CPRT,2009-08-04,2.21688,2.25,2.205,2.23,
CPRT,2009-08-05,2.23,2.2375,2.18562,2.20625,
CPRT,2009-08-06,2.205,2.23,2.2,2.20812,
CPRT,2009-08-07,2.23875,2.3125,2.2175,2.30562,
CPRT,2009-08-10,2.28625,2.30938,2.26688,2.27938,
CPRT,2009-08-11,2.26688,2.27562,2.24375,2.24812,
CPRT,2009-08-12,2.24562,2.29,2.23,2.25875,
CPRT,2009-08-13,2.25875,2.25875,2.22562,2.24812,
CPRT,2009-08-14,2.25375,2.26188,2.20812,2.22875,
CPRT,2009-08-17,2.20375,2.20875,2.185,2.1975,
CPRT,2009-08-18,2.21062,2.21062,2.18562,2.19438,
CPRT,2009-08-19,2.1825,2.22187,2.1825,2.21938,
CPRT,2009-08-20,2.21938,2.23312,2.1925,2.22562,
CPRT,2009-08-21,2.24312,2.27938,2.23125,2.27188,
CPRT,2009-08-24,2.28125,2.28562,2.25,2.265,
CPRT,2009-08-25,2.26562,2.27938,2.24938,2.26062,
CPRT,2009-08-26,2.25188,2.265,2.21875,2.25438,
CPRT,2009-08-27,2.26,2.27688,2.20875,2.24,
CPRT,2009-08-28,2.25188,2.27188,2.21375,2.22812,
CPRT,2009-08-31,2.21938,2.22062,2.20062,2.20875,
CPRT,2009-09-01,2.21812,2.25188,2.19062,2.19438,
CPRT,2009-09-02,2.19125,2.23312,2.19125,2.21563,
CPRT,2009-09-03,2.21563,2.23062,2.19062,2.22187,
CPRT,2009-09-04,2.21563,2.2525,2.20562,2.23438,
CPRT,2009-09-08,2.24312,2.24812,2.21,2.22562,
CPRT,2009-09-09,2.225,2.28625,2.22312,2.28312,
CPRT,2009-09-10,2.27562,2.3125,2.265,2.31,
CPRT,2009-09-11,2.305,2.31938,2.2925,2.295,
CPRT,2009-09-14,2.2775,2.31188,2.26,2.31188,
CPRT,2009-09-15,2.31688,2.33875,2.29188,2.33562,
CPRT,2009-09-16,2.33688,2.3995,2.32438,2.397,
CPRT,2009-09-17,2.387,2.4045,2.375,2.3855,
CPRT,2009-09-18,2.3875,2.3925,2.32375,2.34,
CPRT,2009-09-21,2.31813,2.36312,2.305,2.34375,
CPRT,2009-09-22,2.345,2.35,2.32562,2.33125,
CPRT,2009-09-23,2.34125,2.39625,2.32562,2.39,
CPRT,2009-09-24,2.25,2.32375,2.005,2.03875,
CPRT,2009-09-25,2.03312,2.0875,1.99562,2.05375,
CPRT,2009-09-28,2.05312,2.08438,2.03562,2.06188,
CPRT,2009-09-29,2.07,2.07188,2.04688,2.06125,
CPRT,2009-09-30,2.06125,2.08438,2.04062,2.07562,
CPRT,2009-10-01,2.075,2.075,2.01562,2.0325,
CPRT,2009-10-02,2.02438,2.03875,2.01312,2.03,
CPRT,2009-10-05,2.04125,2.065,2.03125,2.05687,
CPRT,2009-10-06,2.05812,2.08688,2.05312,2.08,
CPRT,2009-10-07,2.07063,2.10938,2.06625,2.07812,
CPRT,2009-10-08,2.08812,2.095,2.06813,2.09063,
CPRT,2009-10-09,2.085,2.12312,2.08375,2.12062,
CPRT,2009-10-12,2.13,2.13,2.09125,2.0975,
CPRT,2009-10-13,2.0875,2.11625,2.08625,2.09875,
CPRT,2009-10-14,2.115,2.12375,2.09063,2.11438,
CPRT,2009-10-15,2.0975,2.11562,2.08875,2.11125,
CPRT,2009-10-16,2.1,2.1,2.065,2.08125,
CPRT,2009-10-19,2.07687,2.11375,2.07312,2.1075,
CPRT,2009-10-20,2.11562,2.11562,2.06375,2.08125,
CPRT,2009-10-21,2.06875,2.09,2.06062,2.065,
CPRT,2009-10-22,2.0625,2.09063,2.045,2.08438,
CPRT,2009-10-23,2.08188,2.0925,2.05938,2.06625,
CPRT,2009-10-26,2.06625,2.08938,2.03875,2.04938,
CPRT,2009-10-27,2.04688,2.05938,2.0275,2.03,
CPRT,2009-10-28,2.02813,2.0325,1.99688,1.99875,
CPRT,2009-10-29,2.00125,2.02375,1.99938,2.02125,
CPRT,2009-10-30,2.01312,2.03625,2.00438,2.01062,
CPRT,2009-11-02,2.01188,2.04125,1.97688,2.0275,
CPRT,2009-11-03,2.025,2.045,2.0075,2.0425,
CPRT,2009-11-04,2.05687,2.06625,2.0275,2.03062,
CPRT,2009-11-05,2.03938,2.05625,2.0325,2.05625,
CPRT,2009-11-06,2.0525,2.06,2.03375,2.055,
CPRT,2009-11-09,2.06562,2.07625,2.055,2.075,
CPRT,2009-11-10,2.06312,2.09375,2.06312,2.0825,
CPRT,2009-11-11,2.09375,2.10562,2.08438,2.09812,
CPRT,2009-11-12,2.09375,2.10875,2.07,2.07188,
CPRT,2009-11-13,2.07438,2.09438,2.04125,2.08,
CPRT,2009-11-16,2.095,2.12125,2.07063,2.11,
CPRT,2009-11-17,2.09875,2.13375,2.09562,2.12688,
CPRT,2009-11-18,2.13125,2.13313,2.10688,2.10875,
CPRT,2009-11-19,2.09312,2.10125,2.05687,2.08375,
CPRT,2009-11-20,2.0675,2.07125,2.05,2.05938,
CPRT,2009-11-23,2.0625,2.08312,2.05125,2.0625,
CPRT,2009-11-24,2.0625,2.07687,2.0425,2.04312,
CPRT,2009-11-25,2.03688,2.04813,2.03562,2.04188,
CPRT,2009-11-27,2.01125,2.02875,1.99188,2.0125,
CPRT,2009-11-30,2.00563,2.02875,1.99625,2.02625,
CPRT,2009-12-01,2.04,2.08375,2.04,2.06312,
CPRT,2009-12-02,2.08125,2.25625,2.08125,2.24437,
CPRT,2009-12-03,2.24938,2.27375,2.19875,2.2025,
CPRT,2009-12-04,2.22625,2.27562,2.21625,2.24625,
CPRT,2009-12-07,2.23938,2.25438,2.22938,2.245,
CPRT,2009-12-08,2.22875,2.24375,2.1875,2.2175,
CPRT,2009-12-09,2.215,2.23125,2.17188,2.19563,
CPRT,2009-12-10,2.21062,2.22187,2.16625,2.17562,
CPRT,2009-12-11,2.19,2.23062,2.17,2.2275,
CPRT,2009-12-14,2.23438,2.25312,2.23062,2.24375,
CPRT,2009-12-15,2.23,2.2675,2.23,2.24562,
CPRT,2009-12-16,2.24625,2.27562,2.23563,2.25813,
CPRT,2009-12-17,2.23875,2.245,2.195,2.19875,
CPRT,2009-12-18,2.19875,2.2175,2.18062,2.21,
CPRT,2009-12-21,2.21563,2.24437,2.21125,2.21563,
CPRT,2009-12-22,2.22812,2.265,2.22187,2.26375,
CPRT,2009-12-23,2.26188,2.28625,2.2525,2.27688,
CPRT,2009-12-24,2.28375,2.29188,2.26125,2.28688,
CPRT,2009-12-28,2.2875,2.30062,2.26938,2.29813,
CPRT,2009-12-29,2.29438,2.30625,2.2825,2.30125,
CPRT,2009-12-30,2.305,2.3175,2.28437,2.30188,
CPRT,2009-12-31,2.3075,2.31875,2.28375,2.28875,
CPRT,2010-01-04,2.29562,2.30875,2.27188,2.27562,
CPRT,2010-01-05,2.27562,2.28375,2.26375,2.275,
CPRT,2010-01-06,2.26875,2.27875,2.26125,2.26562,
CPRT,2010-01-07,2.25625,2.265,2.23563,2.2525,"[""Jim Cramer Comments On MNKD, SHLD, RPM, BP, CPRT, JDSU"", ""Jim Cramer Comments On MNKD, SHLD, RPM, BP, CPRT, JDSU"", ""Jim Cramer Comments On MNKD, SHLD, RPM, BP, CPRT, JDSU""]"
CPRT,2010-01-08,2.24375,2.25938,2.23125,2.25938,
CPRT,2010-01-11,2.25875,2.27375,2.235,2.25062,
CPRT,2010-01-12,2.235,2.24062,2.22562,2.23438,"[""Copart Inc (CPRT) To Face an Additional Marketing Expenditure Pinch In The Upcoming Results"", ""Copart Inc (CPRT) To Face an Additional Marketing Expenditure Pinch In The Upcoming Results"", ""Copart Inc (CPRT) To Face an Additional Marketing Expenditure Pinch In The Upcoming Results""]"
CPRT,2010-01-13,2.23312,2.23563,2.20938,2.21688,
CPRT,2010-01-14,2.20625,2.235,2.19062,2.23375,
CPRT,2010-01-15,2.23812,2.23812,2.185,2.19812,
CPRT,2010-01-19,2.19375,2.22125,2.18125,2.22125,
CPRT,2010-01-20,2.20312,2.2125,2.17375,2.20562,
CPRT,2010-01-21,2.20062,2.24875,2.17375,2.17562,
CPRT,2010-01-22,2.18062,2.18625,2.13875,2.14312,
CPRT,2010-01-25,2.16125,2.17625,2.15625,2.16875,
CPRT,2010-01-26,2.16312,2.1725,2.14875,2.16438,
CPRT,2010-01-27,2.15438,2.17625,2.14812,2.16625,
CPRT,2010-01-28,2.16375,2.16375,2.125,2.13438,
CPRT,2010-01-29,2.13937,2.145,2.10812,2.11,
CPRT,2010-02-01,2.11375,2.12625,2.08312,2.12625,
CPRT,2010-02-02,2.12312,2.1575,2.11562,2.15,
CPRT,2010-02-03,2.14,2.16625,2.12375,2.13625,
CPRT,2010-02-04,2.1275,2.12875,2.06562,2.07312,
CPRT,2010-02-05,2.06562,2.07687,2.04813,2.07562,
CPRT,2010-02-08,2.0825,2.09,2.06438,2.06875,
CPRT,2010-02-09,2.09,2.11875,2.06688,2.07562,
CPRT,2010-02-10,2.06625,2.08062,2.055,2.06625,
CPRT,2010-02-11,2.0625,2.08812,2.05687,2.08688,
CPRT,2010-02-12,2.07812,2.115,2.06813,2.10625,
CPRT,2010-02-16,2.17688,2.22375,2.16812,2.20375,
CPRT,2010-02-17,2.21375,2.24938,2.19688,2.215,
CPRT,2010-02-18,2.2225,2.25,2.2125,2.24562,
CPRT,2010-02-19,2.23812,2.26437,2.23812,2.25625,
CPRT,2010-02-22,2.26625,2.29062,2.25875,2.2625,
CPRT,2010-02-23,2.25312,2.26938,2.21563,2.21938,
CPRT,2010-02-24,2.22,2.2475,2.22,2.23563,
CPRT,2010-02-25,2.21125,2.24062,2.2075,2.2375,
CPRT,2010-02-26,2.24437,2.24437,2.2125,2.23,
CPRT,2010-03-01,2.22875,2.275,2.22688,2.26688,
CPRT,2010-03-02,2.265,2.31312,2.2525,2.31312,
CPRT,2010-03-03,2.24625,2.29312,2.18312,2.18938,
CPRT,2010-03-04,2.1875,2.20688,2.15313,2.165,"[""BB&T Capital Markets Maintains Buy Rating For Copart (CPRT)"", ""BB&T Capital Markets Maintains Buy Rating For Copart (CPRT)"", ""BB&T Capital Markets Maintains Buy Rating For Copart (CPRT)""]"
CPRT,2010-03-05,2.17062,2.21438,2.15625,2.21188,
CPRT,2010-03-08,2.20375,2.23125,2.2025,2.21938,
CPRT,2010-03-09,2.22,2.23312,2.1825,2.18438,
CPRT,2010-03-10,2.1825,2.19875,2.1775,2.19625,
CPRT,2010-03-11,2.18312,2.20312,2.18312,2.2025,
CPRT,2010-03-12,2.20125,2.21125,2.18938,2.21125,
CPRT,2010-03-15,2.21312,2.22938,2.19812,2.22,
CPRT,2010-03-16,2.22,2.22875,2.20688,2.21812,
CPRT,2010-03-17,2.22812,2.23688,2.21563,2.21625,
CPRT,2010-03-18,2.20875,2.22375,2.20062,2.215,
CPRT,2010-03-19,2.225,2.225,2.18875,2.20438,"[""Automotive Aftermarket Sector Update (NUE, CPRT, LKQX, KAR)"", ""Automotive Aftermarket Sector Update (NUE, CPRT, LKQX, KAR)"", ""Automotive Aftermarket Sector Update (NUE, CPRT, LKQX, KAR)""]"
CPRT,2010-03-22,2.1875,2.25188,2.1875,2.25188,
CPRT,2010-03-23,2.25,2.27188,2.24187,2.26875,
CPRT,2010-03-24,2.25688,2.2625,2.22938,2.22938,
CPRT,2010-03-25,2.24625,2.24625,2.2075,2.21,
CPRT,2010-03-26,2.21875,2.21875,2.18562,2.20312,
CPRT,2010-03-29,2.2025,2.24437,2.19875,2.24312,
CPRT,2010-03-30,2.25,2.25,2.22187,2.22625,
CPRT,2010-03-31,2.22875,2.245,2.22187,2.225,
CPRT,2010-04-01,2.23188,2.23188,2.20125,2.225,
CPRT,2010-04-05,2.23312,2.245,2.22375,2.245,
CPRT,2010-04-06,2.23062,2.26125,2.23062,2.25062,
CPRT,2010-04-07,2.24312,2.25563,2.23062,2.24625,
CPRT,2010-04-08,2.24,2.24,2.20312,2.22438,
CPRT,2010-04-09,2.22062,2.22062,2.18312,2.1975,
CPRT,2010-04-12,2.1925,2.21125,2.185,2.21125,
CPRT,2010-04-13,2.20562,2.2175,2.19375,2.205,
CPRT,2010-04-14,2.21812,2.21875,2.19313,2.21875,
CPRT,2010-04-15,2.21062,2.22625,2.21062,2.22187,
CPRT,2010-04-16,2.21062,2.22187,2.16312,2.1825,
CPRT,2010-04-19,2.17625,2.17625,2.13375,2.15,
CPRT,2010-04-20,2.16188,2.18938,2.15125,2.1875,
CPRT,2010-04-21,2.2025,2.2025,2.17562,2.19,
CPRT,2010-04-22,2.17188,2.20312,2.16688,2.1925,
CPRT,2010-04-23,2.18375,2.20562,2.17313,2.20562,
CPRT,2010-04-26,2.20625,2.2175,2.1925,2.2075,
CPRT,2010-04-27,2.19438,2.22312,2.18812,2.1925,
CPRT,2010-04-28,2.205,2.20625,2.18125,2.19438,
CPRT,2010-04-29,2.20375,2.22562,2.18812,2.22438,
CPRT,2010-04-30,2.22438,2.26188,2.21062,2.23062,
CPRT,2010-05-03,2.2425,2.26437,2.22688,2.25563,
CPRT,2010-05-04,2.22875,2.25,2.20438,2.23125,
CPRT,2010-05-05,2.225,2.2425,2.21563,2.22875,
CPRT,2010-05-06,2.21563,2.255,2.16188,2.19688,
CPRT,2010-05-07,2.1975,2.2,2.14188,2.17062,
CPRT,2010-05-10,2.2525,2.285,2.2275,2.285,
CPRT,2010-05-11,2.26812,2.32,2.25312,2.28437,
CPRT,2010-05-12,2.28062,2.33312,2.26812,2.3175,
CPRT,2010-05-13,2.3125,2.36438,2.31188,2.33375,
CPRT,2010-05-14,2.32438,2.33062,2.2875,2.3,
CPRT,2010-05-17,2.31125,2.34063,2.27375,2.32375,
CPRT,2010-05-18,2.3475,2.35688,2.29312,2.30062,
CPRT,2010-05-19,2.295,2.3125,2.25,2.26125,
CPRT,2010-05-20,2.22562,2.24562,2.185,2.18562,
CPRT,2010-05-21,2.15812,2.20375,2.15812,2.195,
CPRT,2010-05-24,2.19625,2.22625,2.18562,2.19,
CPRT,2010-05-25,2.15812,2.16812,2.1225,2.1575,
CPRT,2010-05-26,2.15875,2.20875,2.14,2.17875,
CPRT,2010-05-27,2.21625,2.24125,2.19625,2.23875,
CPRT,2010-05-28,2.2225,2.25625,2.2175,2.24375,
CPRT,2010-06-01,2.22875,2.23875,2.19375,2.21312,
CPRT,2010-06-02,2.22688,2.27375,2.2125,2.27375,
CPRT,2010-06-03,2.36063,2.36063,2.29125,2.32812,"[""Benzinga\u2019s Volume Movers (SNWL, CYBX, JOYG, CPRT)"", ""Benzinga\u2019s Volume Movers (SNWL, CYBX, JOYG, CPRT)"", ""Benzinga\u2019s Volume Movers (SNWL, CYBX, JOYG, CPRT)""]"
CPRT,2010-06-04,2.29438,2.31375,2.27938,2.28875,"[""Top 5 Stocks In The Auto Dealerships Industry With The Highest Earnings Per Share (CRMT, CPRT, GPI, KMX, AN)"", ""Top 5 Stocks In The Auto Dealerships Industry With The Highest Earnings Per Share (CRMT, CPRT, GPI, KMX, AN)"", ""Top 5 Stocks In The Auto Dealerships Industry With The Highest Earnings Per Share (CRMT, CPRT, GPI, KMX, AN)""]"
CPRT,2010-06-07,2.29813,2.30625,2.25938,2.26375,
CPRT,2010-06-08,2.27438,2.27438,2.235,2.24812,
CPRT,2010-06-09,2.26437,2.27375,2.23625,2.24187,
CPRT,2010-06-10,2.265,2.30188,2.22187,2.2975,
CPRT,2010-06-11,2.26188,2.30875,2.26188,2.30312,
CPRT,2010-06-14,2.31562,2.32875,2.29938,2.30188,
CPRT,2010-06-15,2.305,2.32375,2.305,2.31688,
CPRT,2010-06-16,2.3025,2.34375,2.3025,2.32875,
CPRT,2010-06-17,2.33062,2.34375,2.31438,2.32812,
CPRT,2010-06-18,2.3275,2.3425,2.32625,2.33125,
CPRT,2010-06-21,2.34125,2.35625,2.32375,2.32938,
CPRT,2010-06-22,2.33375,2.34562,2.265,2.26688,
CPRT,2010-06-23,2.25938,2.2875,2.24437,2.27438,
CPRT,2010-06-24,2.27,2.29062,2.25188,2.26062,"[""Top 4 Stocks In The Auto Dealership Industry With The Highest Profit Margin (CPRT, CRMT, KMX, KAR)"", ""Top 4 Stocks In The Auto Dealership Industry With The Highest Earnings Per Share (CRMT, CPRT, GPI, KMX)"", ""Top 4 Stocks In The Auto Dealership Industry With The Highest Earnings Per Share (CRMT, CPRT, GPI, KMX)"", ""Top 4 Stocks In The Auto Dealership Industry With The Highest Profit Margin (CPRT, CRMT, KMX, KAR)"", ""Top 4 Stocks In The Auto Dealership Industry With The Highest Earnings Per Share (CRMT, CPRT, GPI, KMX)"", ""Top 4 Stocks In The Auto Dealership Industry With The Highest Profit Margin (CPRT, CRMT, KMX, KAR)""]"
CPRT,2010-06-25,2.27125,2.28375,2.24562,2.27188,
CPRT,2010-06-28,2.27938,2.31938,2.25875,2.30125,
CPRT,2010-06-29,2.28062,2.29375,2.23812,2.26437,
CPRT,2010-06-30,2.2675,2.27625,2.23688,2.23812,
CPRT,2010-07-01,2.22562,2.2275,2.18625,2.19938,
CPRT,2010-07-02,2.20312,2.21938,2.17188,2.18375,
CPRT,2010-07-06,2.20375,2.21125,2.15438,2.16938,
CPRT,2010-07-07,2.16875,2.21062,2.1575,2.20625,
CPRT,2010-07-08,2.22812,2.2475,2.205,2.23,
CPRT,2010-07-09,2.22375,2.24312,2.21062,2.24062,
CPRT,2010-07-12,2.23812,2.24938,2.2175,2.23438,
CPRT,2010-07-13,2.25,2.29688,2.25,2.29188,
CPRT,2010-07-14,2.28125,2.29562,2.27188,2.28125,
CPRT,2010-07-15,2.28437,2.28437,2.25438,2.27688,
CPRT,2010-07-16,2.27312,2.27312,2.21188,2.21563,
CPRT,2010-07-19,2.22,2.24125,2.1875,2.2225,
CPRT,2010-07-20,2.2025,2.24062,2.19188,2.23563,
CPRT,2010-07-21,2.2425,2.24875,2.21125,2.21312,
CPRT,2010-07-22,2.23438,2.26562,2.23312,2.25438,
CPRT,2010-07-23,2.24625,2.295,2.24625,2.29312,
CPRT,2010-07-26,2.29938,2.32625,2.2825,2.32063,
CPRT,2010-07-27,2.32938,2.34375,2.30875,2.3125,
CPRT,2010-07-28,2.305,2.32,2.2775,2.28437,
CPRT,2010-07-29,2.29875,2.30938,2.25438,2.2775,
CPRT,2010-07-30,2.26125,2.28625,2.24688,2.2775,
CPRT,2010-08-02,2.2775,2.29062,2.25,2.27625,
CPRT,2010-08-03,2.265,2.28,2.24625,2.25813,
CPRT,2010-08-04,2.26688,2.2725,2.25125,2.265,
CPRT,2010-08-05,2.25625,2.27062,2.23938,2.25312,
CPRT,2010-08-06,2.23,2.23,2.18375,2.20812,
CPRT,2010-08-09,2.22688,2.25312,2.21,2.24625,
CPRT,2010-08-10,2.22187,2.22375,2.19688,2.20375,
CPRT,2010-08-11,2.18438,2.19438,2.16688,2.16812,
CPRT,2010-08-12,2.14125,2.16438,2.1175,2.15688,
CPRT,2010-08-13,2.15,2.15313,2.12812,2.12812,
CPRT,2010-08-16,2.125,2.13937,2.11188,2.125,
CPRT,2010-08-17,2.14125,2.18,2.1375,2.165,
CPRT,2010-08-18,2.15688,2.2,2.1425,2.14875,
CPRT,2010-08-19,2.14,2.15,2.08812,2.11125,
CPRT,2010-08-20,2.10062,2.13125,2.09375,2.12562,
CPRT,2010-08-23,2.12562,2.12625,2.08188,2.08188,
CPRT,2010-08-24,2.06188,2.07875,2.04438,2.05375,
CPRT,2010-08-25,2.0375,2.0725,2.02688,2.06438,
CPRT,2010-08-26,2.0675,2.09,2.05125,2.06312,
CPRT,2010-08-27,2.07625,2.10125,2.05062,2.09375,
CPRT,2010-08-30,2.08562,2.12312,2.07812,2.07812,
CPRT,2010-08-31,2.0625,2.09,2.0475,2.06562,
CPRT,2010-09-01,2.08875,2.13625,2.08875,2.12625,
CPRT,2010-09-02,2.11937,2.155,2.115,2.13438,
CPRT,2010-09-03,2.15313,2.15688,2.13875,2.15,
CPRT,2010-09-07,2.13812,2.15625,2.13063,2.13438,
CPRT,2010-09-08,2.13438,2.16562,2.12562,2.14625,
CPRT,2010-09-09,2.17062,2.17875,2.15125,2.15875,
CPRT,2010-09-10,2.15625,2.165,2.1425,2.14625,
CPRT,2010-09-13,2.15688,2.18562,2.1425,2.17188,
CPRT,2010-09-14,2.16375,2.21375,2.15812,2.185,
CPRT,2010-09-15,2.18062,2.22,2.17875,2.21062,
CPRT,2010-09-16,2.2025,2.24938,2.18938,2.24312,
CPRT,2010-09-17,2.26,2.275,2.22875,2.235,
CPRT,2010-09-20,2.23625,2.27,2.23,2.27,
CPRT,2010-09-21,2.26125,2.27562,2.25375,2.26437,
CPRT,2010-09-22,2.2525,2.29562,2.24,2.25375,"[""Bed, Bath & Beyond, Brocade On the Move"", ""Earnings Scheduled For September 22 (BBBY, GIS, RHT, KMX, CPRT, GNUMF, IHS, SCS)"", ""Copart Misses Estimates, Shares Falling"", ""Copart, Inc. Misses Estimates (CPRT)"", ""Copart, Inc. Misses Estimates (CPRT)"", ""Copart Misses Estimates, Shares Falling"", ""Earnings Scheduled For September 22 (BBBY, GIS, RHT, KMX, CPRT, GNUMF, IHS, SCS)"", ""Bed, Bath & Beyond, Brocade On the Move"", ""Copart, Inc. Misses Estimates (CPRT)"", ""Copart Misses Estimates, Shares Falling"", ""Earnings Scheduled For September 22 (BBBY, GIS, RHT, KMX, CPRT, GNUMF, IHS, SCS)"", ""Bed, Bath & Beyond, Brocade On the Move""]"
CPRT,2010-09-23,2.00938,2.09687,1.955,2.01188,
CPRT,2010-09-24,2.03625,2.13562,2.03625,2.11875,"[""PT Changes From RBC Capital"", ""Benzinga's Volume Movers (LQDT, TIBX, HSFT, CPRT)"", ""Benzinga's Volume Movers (LQDT, TIBX, HSFT, CPRT)"", ""PT Changes From RBC Capital"", ""Benzinga's Volume Movers (LQDT, TIBX, HSFT, CPRT)"", ""PT Changes From RBC Capital""]"
CPRT,2010-09-27,2.11937,2.12062,2.09625,2.10125,
CPRT,2010-09-28,2.1125,2.1125,2.04,2.07063,
CPRT,2010-09-29,2.06188,2.06813,2.045,2.05812,
CPRT,2010-09-30,2.08625,2.09063,2.05562,2.06062,
CPRT,2010-10-01,2.07063,2.09,2.0425,2.05,
CPRT,2010-10-04,2.04562,2.0525,2.03312,2.0475,
CPRT,2010-10-05,2.0625,2.09687,2.0525,2.09312,
CPRT,2010-10-06,2.09375,2.11125,2.09312,2.09938,
CPRT,2010-10-07,2.1025,2.1125,2.09375,2.10312,
CPRT,2010-10-08,2.1025,2.14,2.0775,2.13125,
CPRT,2010-10-11,2.13625,2.15937,2.12062,2.14812,
CPRT,2010-10-12,2.14938,2.15062,2.11937,2.14438,
CPRT,2010-10-13,2.15375,2.15875,2.14062,2.14188,
CPRT,2010-10-14,2.14188,2.15125,2.11812,2.13625,
CPRT,2010-10-15,2.15375,2.15438,2.12875,2.13875,
CPRT,2010-10-18,2.13688,2.14,2.12062,2.1325,
CPRT,2010-10-19,2.11562,2.11937,2.08125,2.09312,
CPRT,2010-10-20,2.10188,2.12312,2.09312,2.11438,
CPRT,2010-10-21,2.12188,2.12438,2.08062,2.09938,
CPRT,2010-10-22,2.0975,2.11625,2.09063,2.11625,
CPRT,2010-10-25,2.13313,2.16062,2.11063,2.11562,
CPRT,2010-10-26,2.10312,2.13625,2.09063,2.11063,
CPRT,2010-10-27,2.09562,2.12188,2.095,2.10938,
CPRT,2010-10-28,2.12375,2.125,2.09562,2.09812,
CPRT,2010-10-29,2.1025,2.12438,2.10188,2.11625,
CPRT,2010-11-01,2.11625,2.13625,2.10938,2.11687,
CPRT,2010-11-02,2.13,2.16688,2.11937,2.1375,
CPRT,2010-11-03,2.14062,2.15438,2.11188,2.13125,
CPRT,2010-11-04,2.14812,2.16875,2.13625,2.14875,
CPRT,2010-11-05,2.15062,2.15688,2.13375,2.15562,
CPRT,2010-11-08,2.1475,2.17625,2.13875,2.1675,
CPRT,2010-11-09,2.17,2.18375,2.1475,2.15625,
CPRT,2010-11-10,2.15562,2.1825,2.13812,2.17313,
CPRT,2010-11-11,2.15313,2.21812,2.13937,2.19812,
CPRT,2010-11-12,2.19188,2.19875,2.1725,2.17937,
CPRT,2010-11-15,2.18375,2.20187,2.16,2.16062,
CPRT,2010-11-16,2.14562,2.15125,2.12375,2.14812,
CPRT,2010-11-17,2.14375,2.15875,2.135,2.15375,
CPRT,2010-11-18,2.17375,2.205,2.165,2.17625,
CPRT,2010-11-19,2.17375,2.1925,2.165,2.18125,
CPRT,2010-11-22,2.17937,2.21312,2.17812,2.20812,
CPRT,2010-11-23,2.19062,2.2075,2.175,2.18875,
CPRT,2010-11-24,2.2,2.2575,2.2,2.2525,
CPRT,2010-11-26,2.23062,2.26375,2.23,2.24312,
CPRT,2010-11-29,2.23625,2.26437,2.215,2.255,
CPRT,2010-11-30,2.23188,2.25312,2.195,2.2175,"[""Earnings Scheduled For November 30 (TSL, BKS, OVTI, SDRL, AVNR, CPRT, UTI)"", ""Copart Reports First Quarter 2011 EPS of $.45"", ""Copart Reports First Quarter 2011 EPS of $.45"", ""Earnings Scheduled For November 30 (TSL, BKS, OVTI, SDRL, AVNR, CPRT, UTI)"", ""Copart Reports First Quarter 2011 EPS of $.45"", ""Earnings Scheduled For November 30 (TSL, BKS, OVTI, SDRL, AVNR, CPRT, UTI)""]"
CPRT,2010-12-01,2.23812,2.26312,2.10312,2.11312,"[""Copart Shares Fall 4.7% After Reporting 45 Cents EPS (CPRT)"", ""Copart Shares Fall 4.7% After Reporting 45 Cents EPS (CPRT)"", ""Copart Shares Fall 4.7% After Reporting 45 Cents EPS (CPRT)""]"
CPRT,2010-12-02,2.11562,2.13937,2.06188,2.07,
CPRT,2010-12-03,2.06188,2.11375,2.06188,2.0875,
CPRT,2010-12-06,2.08125,2.09625,2.08125,2.09438,
CPRT,2010-12-07,2.11,2.11188,2.09,2.0975,
CPRT,2010-12-08,2.10375,2.10938,2.0875,2.09063,
CPRT,2010-12-09,2.10312,2.12875,2.09375,2.12,
CPRT,2010-12-10,2.125,2.1525,2.1225,2.15188,
CPRT,2010-12-13,2.15625,2.205,2.15625,2.17562,
CPRT,2010-12-14,2.18562,2.20938,2.185,2.2025,
CPRT,2010-12-15,2.31438,2.34438,2.2975,2.30938,"[""Mid Cap Winners (MCP, JOYG, CPRT, BEXP)"", ""Mid Cap Winners (MCP, JOYG, CPRT, BEXP)"", ""Mid Cap Winners (MCP, JOYG, CPRT, BEXP)""]"
CPRT,2010-12-16,2.3275,2.33688,2.315,2.33312,"[""Pre-Market Movers (CYPB, ARAY, CPRT)"", ""Pre-Market Movers (CYPB, ARAY, CPRT)"", ""How the bulls are playing Copart Copart leapt on a big stock buyback, and traders are looking for more upside. optionMONSTER's Heat Seeker tracking system detected the purchase of about 1,000 January 35 calls for $2.60 and the sale of a matching number of January 40 calls for $0.15. Volume was more than 4 times open interest in both strikes. This bullish call spread cost $2.45 and willl roughly double the trader's money if the car-scrapping company closes at or above $40 on expiration. CPRT rallied 4.85 percent to $36.95 yesterday after management said it would buy back about 13 percent of the company's outstanding equity for $38 a share, a level not seen since September 2009. Shares have been in a rut for the last 19 months, grinding sideways as the rest of the market has rallied. Copart's last earnings report on Sept. 24 missed forecasts. The shares gapped lower on the news but have been battling their way higher since. Also in yesterday's session, more than 1,100 January 45 puts were sold short for $7.80 to $8, an unusual trade that will essentially mimic a long position in the stock because the puts will lose value on a dollar-for-dollar basis if CPRT appreciates. Overall in the session, total option volume was 89 times greater than average. (Chart courtesy of tradeMONSTER) The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. Copyright \u00a9 2010 OptionMonster\u00ae Holdings, Inc. All Rights Reserved. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Pre-Market Movers (CYPB, ARAY, CPRT)""]"
CPRT,2010-12-17,2.33,2.33938,2.3175,2.32875,
CPRT,2010-12-20,2.33312,2.3375,2.325,2.33625,
CPRT,2010-12-21,2.3375,2.3375,2.32812,2.3325,
CPRT,2010-12-22,2.33438,2.34625,2.3325,2.33625,
CPRT,2010-12-23,2.33438,2.34188,2.32562,2.33062,
CPRT,2010-12-27,2.32812,2.34,2.32,2.33625,
CPRT,2010-12-28,2.33375,2.34,2.325,2.34,
CPRT,2010-12-29,2.34375,2.35312,2.33875,2.34312,
CPRT,2010-12-30,2.34375,2.35062,2.34188,2.34312,
CPRT,2010-12-31,2.33875,2.34438,2.33375,2.33438,
CPRT,2011-01-03,2.35062,2.35938,2.3375,2.34625,
CPRT,2011-01-04,2.35188,2.35438,2.33375,2.34063,
CPRT,2011-01-05,2.34063,2.35188,2.33125,2.34312,
CPRT,2011-01-06,2.34125,2.34625,2.32938,2.34063,
CPRT,2011-01-07,2.3425,2.36063,2.33438,2.33625,
CPRT,2011-01-10,2.335,2.34562,2.33062,2.3375,
CPRT,2011-01-11,2.34,2.34938,2.33812,2.34125,
CPRT,2011-01-12,2.35312,2.35312,2.33562,2.34063,
CPRT,2011-01-13,2.34375,2.35125,2.33625,2.35125,
CPRT,2011-01-14,2.34938,2.3525,2.34438,2.3475,
CPRT,2011-01-18,2.38125,2.4725,2.38125,2.4725,"[""Market Longs Are Strong 01-18-2011"", ""Market Longs Are Strong 01-18-2011"", ""Market Longs Are Strong 01-18-2011""]"
CPRT,2011-01-19,2.4575,2.478,2.45,2.4645,
CPRT,2011-01-20,2.453,2.46875,2.4505,2.453,"High Quality, Cash-Rich Stocks That Could Move on Buybacks Alan Brochstein , CFA submits: Low interest-rates, an improving economy and low to reasonable valuations are leading companies to restructure their balance sheets. Not just bad companies in need of restructuring, but also really good companies. In a perfectly efficient market, this wouldn't happen. The fact is that ""perfectly efficient"" exists only in the textbooks. In the real world, investors sometimes arrive en masse at the wrong conclusions. Just this week, Copart ( CPRT ), a company I consider extremely high-quality for many reasons, announced the results of its tender offer that expired on Friday (1/14). For those not familiar with the company, it is a car auction company with a broad physical presence combined with a powerful internet presence. The company has historically eschewed debt, has high insider ownership, is known to think very long-term (and isn't afraid to invest in the business) and generates significant cash and a high return on capital. In December, the company announced a major transaction, tapping its line-of-credit to repurchases approximately 13% of its stock at $38. As you can see in the chart below, they announced their intention when the stock was about 35, a price that is mid-point of a tight range for the past 18 months. The stock immediately gapped up and gravitated towards the tender price. The results indicated a much smaller-than-expected number of shares tendered, and the company actually decided to increase the purchase to 15% of its outstanding shares. The stock actually jumped above the tender price on the results. click to enlarge images Efficient market? I don't think so, as absolutely nothing has transpired except for the announcement of the tender offer, the analyst revisions to estimates (major accretion) and the tender results. The stock was too cheap before in my view - investors weren't properly adjusting the PE for the large cash balance. The spent $463mm but now have just $200 mm roughly in net debt compared to over $1 billion in equity. Additionally, there was a minimal short-interest, so this is all about long investors paying up for higher earnings potential. Another example is C.R. Bard ( BCR ), which began December 9th with cash in excess of debt of about $300mm. It announced that day that it was going to offer $750mm in debt to repurchase stock. The book value of its equity was $2.2 billion, so the move will leave it still with below average leverage given net debt of $450mm. The company also announced a restructuring, which muddies my analysis, but the clear driver is that EPS estimates immediately went up due to the lower sharecount. $750mm, if it is fully used to repurchase stock, is about 9% of the company. It worked like a charm: So, you are probably asking yourself, ""Why is this guy telling me NOW. This is the type of thing I want to hear BEFORE it happens"", and that's very fair. Investors in my models don't have that issue, as we own CPRT in the Top 20 and BCR in Conservative Growth/Balanced . With a look to the future rather than a celebration of recent events, I will share some recapitalization candidates that exist just among my watchlist. One of the reasons I have liked stocks since the summer and continue to do so is that there are lots of opportunities well beyond just my focus. Consider these, though: Applied Materials ( AMAT ): >10% of market cap in cash net of debt and deferred revenue, PE Franklin Resources ( BEN ): 17% of market cap in cash net of debt, PE = 15X Chico's FAS ( CHS ): 25% of market cap in cash net of debt, PE = 14X I will stop here, with three names from three different economic sectors. It's not hard to find many other examples of high-quality companies loaded to the gills with cash and low to reasonable valuations. These companies exist among the smallest to among the largest companies. Some may go the route of the LBO or acquisition, others may choose to be more aggressive on their capital structure on their own. I believe all of these companies I cited are moving in that direction, though not particularly aggressively at this point. Disclosure: I am long [[AMAT]], [[BCR]], [[BEN]], [[CHS]] and [[CPRT]] in one or more investment models at Invest By Model. See also Tuesday Options Brief: APH, CAVM, PCX & RVBD on seekingalpha.com The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
CPRT,2011-01-21,2.4675,2.5545,2.45375,2.52,
CPRT,2011-01-24,2.50625,2.5245,2.49,2.49625,
CPRT,2011-01-25,2.4655,2.475,2.43625,2.4705,"[""Benzinga's Top Downgrades (GNK, SSCC, CPRT, ADBE)"", ""Benzinga's Top Downgrades (GNK, SSCC, CPRT, ADBE)"", ""Benzinga's Top Downgrades (GNK, SSCC, CPRT, ADBE)""]"
CPRT,2011-01-26,2.4805,2.54375,2.4755,2.52375,
CPRT,2011-01-27,2.52375,2.52375,2.472,2.47625,
CPRT,2011-01-28,2.4725,2.4945,2.4375,2.4445,
CPRT,2011-01-31,2.4505,2.4605,2.4275,2.453,
CPRT,2011-02-01,2.46875,2.5,2.467,2.49375,
CPRT,2011-02-02,2.487,2.513,2.473,2.475,
CPRT,2011-02-03,2.47,2.51125,2.47,2.487,
CPRT,2011-02-04,2.487,2.525,2.47875,2.51,
CPRT,2011-02-07,2.5095,2.5495,2.502,2.5225,"[""Top 4 Mid-Cap Stocks In The Auto Dealerships Industry With The Highest Cash (KAR, CPRT, AN, KMX)"", ""Top 4 Mid-Cap Stocks In The Auto Dealerships Industry With The Highest Cash (KAR, CPRT, AN, KMX)"", ""Top 4 Mid-Cap Stocks In The Auto Dealerships Industry With The Highest Cash (KAR, CPRT, AN, KMX)""]"
CPRT,2011-02-08,2.522,2.547,2.507,2.547,
CPRT,2011-02-09,2.538,2.558,2.5325,2.545,
CPRT,2011-02-10,2.5375,2.56625,2.5245,2.553,
CPRT,2011-02-11,2.547,2.5745,2.543,2.5695,
CPRT,2011-02-14,2.575,2.597,2.54125,2.57,
CPRT,2011-02-15,2.567,2.577,2.543,2.5455,
CPRT,2011-02-16,2.56,2.57375,2.552,2.562,"[""Zacks #1 Rank Additions for Wednesday - Tale of the Tape"", ""Zacks #1 Rank Additions for Wednesday - Tale of the Tape"", ""Zacks #1 Rank Additions for Wednesday - Tale of the Tape""]"
CPRT,2011-02-17,5.11,5.18,5.08,5.16,
CPRT,2011-02-18,2.583,2.608,2.5645,2.588,
CPRT,2011-02-22,2.543,2.578,2.53125,2.5345,
CPRT,2011-02-23,2.5195,2.543,2.50625,2.5095,
CPRT,2011-02-24,2.518,2.5405,2.5025,2.532,
CPRT,2011-02-25,2.54625,2.5845,2.545,2.5745,"[""Goldman Sachs Initiates Copart at Buy (CPRT)"", ""Goldman Sachs Initiates Copart at Buy (CPRT)"", ""Goldman Sachs Initiates Copart at Buy (CPRT)""]"
CPRT,2011-02-28,2.577,2.63125,2.57625,2.6255,"[""Puts Purchased on Copart, Inc. (CPRT)"", ""Puts Purchased on Copart, Inc. (CPRT)"", ""Puts Purchased on Copart, Inc. (CPRT)""]"
CPRT,2011-03-01,2.61875,2.622,2.5525,2.5545,
CPRT,2011-03-02,2.56625,2.58,2.55375,2.573,"[""Earnings Scheduled For March 2 (BJ, SPLS, PSS, COST, FL, SIGM, ASNA, JOYG, CPRT, BZ, CSU, DAR)"", ""Earnings Scheduled For March 2 (BJ, SPLS, PSS, COST, FL, SIGM, ASNA, JOYG, CPRT, BZ, CSU, DAR)"", ""Earnings Scheduled For March 2 (BJ, SPLS, PSS, COST, FL, SIGM, ASNA, JOYG, CPRT, BZ, CSU, DAR)""]"
CPRT,2011-03-03,2.5855,2.6145,2.51,2.5905,
CPRT,2011-03-04,2.5825,2.5895,2.555,2.57,
CPRT,2011-03-07,2.5755,2.5755,2.532,2.548,
CPRT,2011-03-08,2.548,2.603,2.538,2.58125,
CPRT,2011-03-09,2.567,2.6105,2.56625,2.607,
CPRT,2011-03-10,2.5845,2.59125,2.547,2.54875,
CPRT,2011-03-11,2.552,2.5595,2.5295,2.547,
CPRT,2011-03-14,2.53125,2.59,2.53125,2.565,
CPRT,2011-03-15,2.528,2.5575,2.5075,2.535,
CPRT,2011-03-16,2.53625,2.54375,2.4975,2.507,
CPRT,2011-03-17,2.5305,2.5455,2.5145,2.52875,
CPRT,2011-03-18,2.547,2.5625,2.5445,2.557,"[""Copart UK Limited Acquires Hewitt International"", ""Copart UK Limited Acquires Hewitt International"", ""Copart UK Limited Acquires Hewitt International""]"
CPRT,2011-03-21,2.568,2.5925,2.5605,2.568,
CPRT,2011-03-22,2.557,2.593,2.555,2.5875,
CPRT,2011-03-23,2.5805,2.602,2.56375,2.59125,
CPRT,2011-03-24,2.5945,2.625,2.59125,2.60875,
CPRT,2011-03-25,2.603,2.6395,2.603,2.63125,
CPRT,2011-03-28,2.63,2.6395,2.612,2.617,
CPRT,2011-03-29,2.6345,2.69375,2.623,2.683,
CPRT,2011-03-30,2.678,2.7,2.672,2.6855,
CPRT,2011-03-31,2.6745,2.71625,2.665,2.708,
CPRT,2011-04-01,2.7225,2.725,2.693,2.71,
CPRT,2011-04-04,2.7055,2.7545,2.7055,2.7505,
CPRT,2011-04-05,2.745,2.7595,2.738,2.748,
CPRT,2011-04-06,2.7545,2.76875,2.748,2.75625,
CPRT,2011-04-07,2.7595,2.77375,2.7295,2.74625,
CPRT,2011-04-08,2.75,2.757,2.72625,2.7475,
CPRT,2011-04-11,2.745,2.803,2.742,2.7745,
CPRT,2011-04-12,2.7625,2.795,2.753,2.768,
CPRT,2011-04-13,2.787,2.8055,2.772,2.78625,"[""Copart Hits 52-Week High (CPRT)"", ""Copart Hits 52-Week High (CPRT)"", ""Copart Hits 52-Week High (CPRT)""]"
CPRT,2011-04-14,2.785,2.7955,2.7725,2.7795,
CPRT,2011-04-15,2.767,2.8025,2.763,2.79625,
CPRT,2011-04-18,2.773,2.773,2.7325,2.75375,
CPRT,2011-04-19,2.763,2.773,2.7355,2.7505,
CPRT,2011-04-20,2.7775,2.787,2.76625,2.777,
CPRT,2011-04-21,2.7845,2.7845,2.758,2.76875,
CPRT,2011-04-25,2.777,2.7775,2.73625,2.7655,
CPRT,2011-04-26,2.7805,2.7805,2.7605,2.76625,
CPRT,2011-04-27,2.7775,2.78125,2.742,2.77,
CPRT,2011-04-28,2.772,2.7905,2.7625,2.777,
CPRT,2011-04-29,2.78125,2.852,2.763,2.83625,
CPRT,2011-05-02,2.837,2.843,2.8045,2.8095,
CPRT,2011-05-03,2.81375,2.8645,2.812,2.8305,
CPRT,2011-05-04,2.832,2.845,2.7955,2.84125,
CPRT,2011-05-05,2.815,2.85375,2.8025,2.83375,
CPRT,2011-05-06,2.86625,2.873,2.83375,2.8455,
CPRT,2011-05-09,2.8375,2.8555,2.8275,2.8505,
CPRT,2011-05-10,2.862,2.89,2.84125,2.88125,
CPRT,2011-05-11,2.8775,2.8825,2.857,2.8645,
CPRT,2011-05-12,2.863,2.9145,2.8595,2.905,
CPRT,2011-05-13,2.905,2.9105,2.8725,2.89125,
CPRT,2011-05-16,2.8855,2.905,2.86625,2.8705,
CPRT,2011-05-17,2.8645,2.883,2.8525,2.87375,
CPRT,2011-05-18,2.873,2.922,2.8625,2.9125,
CPRT,2011-05-19,2.902,2.9295,2.8925,2.915,
CPRT,2011-05-20,2.89,2.90875,2.8705,2.8975,
CPRT,2011-05-23,2.8605,2.912,2.84125,2.8855,
CPRT,2011-05-24,2.8945,2.918,2.8705,2.888,
CPRT,2011-05-25,2.8805,2.8925,2.867,2.8905,
CPRT,2011-05-26,2.89,2.9155,2.87625,2.913,
CPRT,2011-05-27,2.917,2.945,2.89875,2.90375,
CPRT,2011-05-31,2.937,2.943,2.903,2.9375,"[""Copart Earnings Preview"", ""Stocks To Watch For June 1"", ""Copart Earnings Preview"", ""Stocks To Watch For June 1"", ""Copart Earnings Preview""]"
CPRT,2011-06-01,2.93625,2.9455,2.87625,2.887,"[""Stocks To Watch For June 1"", ""Earnings Scheduled For June 1"", ""US Stock Futures Slightly Down As Investors Await ADP Report"", ""US Stock Futures Slightly Down As Investors Await ADP Report"", ""Earnings Scheduled For June 1"", ""US Stock Futures Slightly Down As Investors Await ADP Report"", ""Earnings Scheduled For June 1""]"
CPRT,2011-06-02,2.8495,2.8495,2.6995,2.7755,"[""Bank of America Merrill Lynch Maintains Buy on Copart"", ""Bank of America Merrill Lynch Maintains Buy on Copart"", ""Bank of America Merrill Lynch Maintains Buy on Copart""]"
CPRT,2011-06-03,2.7295,2.768,2.6895,2.743,"[""Goldman Sachs Lowers Copart Target from $48 to $47"", ""Goldman Sachs Lowers Copart Target from $48 to $47"", ""Goldman Sachs Lowers Copart Target from $48 to $47""]"
CPRT,2011-06-06,2.727,2.763,2.7195,2.728,
CPRT,2011-06-07,2.73875,2.775,2.7275,2.75625,
CPRT,2011-06-08,2.7545,2.773,2.73375,2.745,
CPRT,2011-06-09,2.755,2.7895,2.7445,2.777,
CPRT,2011-06-10,2.7605,2.777,2.717,2.72625,
CPRT,2011-06-13,2.737,2.77375,2.737,2.74,
CPRT,2011-06-14,2.77,2.79375,2.76375,2.778,
CPRT,2011-06-15,2.758,2.78125,2.758,2.76875,
CPRT,2011-06-16,2.7655,2.795,2.75875,2.7905,
CPRT,2011-06-17,2.807,2.82375,2.79125,2.792,
CPRT,2011-06-20,2.7205,2.77875,2.717,2.777,"[""Goldman Sachs Downgrades Copart To Neutral, $47 PT"", ""Goldman Sachs Downgrades Copart to Neutral"", ""Goldman Sachs Downgrades Copart to Neutral"", ""Goldman Sachs Downgrades Copart To Neutral, $47 PT"", ""Goldman Sachs Downgrades Copart to Neutral"", ""Goldman Sachs Downgrades Copart To Neutral, $47 PT""]"
CPRT,2011-06-21,2.78125,2.8225,2.7755,2.8155,
CPRT,2011-06-22,2.8125,2.8645,2.8045,2.8475,
CPRT,2011-06-23,2.823,2.8455,2.7975,2.84375,
CPRT,2011-06-24,2.8105,2.8305,2.8045,2.81,
CPRT,2011-06-27,2.805,2.853,2.80125,2.8395,
CPRT,2011-06-28,2.848,2.8905,2.848,2.8725,"[""Benzinga's Volume Movers"", ""Benzinga's Volume Movers"", ""Benzinga's Volume Movers""]"
CPRT,2011-06-29,2.84625,2.9,2.82375,2.883,
CPRT,2011-06-30,2.897,2.9255,2.8895,2.9125,
CPRT,2011-07-01,2.92,2.9655,2.91375,2.9495,
CPRT,2011-07-05,2.968,2.972,2.935,2.945,"Update: Top unusual option activity As of today's close, here are the top 10 names showing unusual option activity on tradeMONSTER's LiveAction data systems. Verizon Communications (VZ): Option volume 5,251 percent above average. Call volume spiked as investors looked to reap the company's quarterly dividend. AT&T, with options volume 4,615 percent above average, saw similar activity. Immucor (BLUD): Option volume 1,971 percent above average. There was buying and selling in the August 25 puts and buying the August 22.50 calls. BLUD rallied 30 percent to $26.99. Digital Realty Trust (DLR): Option volume 1,612 percent above average. A long position in the July 60 calls was rolled to the October 65 calls. DLR rose 0.77 percent to $62.79. Teradata (TDC): Option volume 1,364 percent above average. Investors bought the July 60 calls for and the August 65 calls, looking for upside. TDC rose 1.10 percent to $61.58. Rounding out the rest of the top 10 are: Talisman Energy (TLM): Option volume 1,356 percent above average. Hot Topic (HOTT): Option 1,271 volume percent above average. Copart (CPRT): Option 1,251 volume percent above average. Southern Union (SUG): Option volume 1,097 percent above average. International Game Technology (IGT): Option volume 1,067 percent above average. (Chart courtesy of tradeMONSTER) The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. Copyright © 2010 OptionMonster® Holdings, Inc. All Rights Reserved. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
CPRT,2011-07-06,2.94625,2.968,2.938,2.9545,
CPRT,2011-07-07,2.9725,2.998,2.955,2.9875,
CPRT,2011-07-08,2.96125,2.9775,2.943,2.97375,
CPRT,2011-07-11,2.948,2.948,2.90875,2.9245,
CPRT,2011-07-12,2.9145,2.925,2.89125,2.9005,
CPRT,2011-07-13,2.91375,2.9205,2.87125,2.872,
CPRT,2011-07-14,2.885,2.89,2.8325,2.8505,
CPRT,2011-07-15,2.86125,2.86125,2.828,2.8455,
CPRT,2011-07-18,2.833,2.843,2.8055,2.8155,
CPRT,2011-07-19,2.83125,2.845,2.7995,2.8395,
CPRT,2011-07-20,2.85,2.85,2.8195,2.8305,
CPRT,2011-07-21,2.84125,2.8755,2.828,2.8475,
CPRT,2011-07-22,2.8475,2.87625,2.84125,2.862,
CPRT,2011-07-25,2.84,2.862,2.832,2.837,
CPRT,2011-07-26,2.8675,2.8675,2.79625,2.7995,
CPRT,2011-07-27,2.78875,2.80125,2.74375,2.74875,
CPRT,2011-07-28,2.7495,2.7825,2.728,2.73625,
CPRT,2011-07-29,2.7055,2.73125,2.6905,2.7155,"[""Top 4 Stocks In The Auto Dealerships Industry With The Highest Cash"", ""Top 4 Stocks In The Auto Dealerships Industry With The Highest Cash"", ""Top 4 Stocks In The Auto Dealerships Industry With The Highest Cash""]"
CPRT,2011-08-01,2.7405,2.75,2.6795,2.712,
CPRT,2011-08-02,2.6955,2.73,2.6425,2.6455,
CPRT,2011-08-03,2.65625,2.6645,2.58375,2.652,
CPRT,2011-08-04,2.62625,2.6355,2.562,2.5625,
CPRT,2011-08-05,2.588,2.623,2.4775,2.5245,
CPRT,2011-08-08,2.40125,2.47125,2.3425,2.35125,
CPRT,2011-08-09,2.385,2.4525,2.28375,2.45,
CPRT,2011-08-10,2.4045,2.4505,2.36063,2.3725,
CPRT,2011-08-11,2.383,2.5195,2.37188,2.49125,
CPRT,2011-08-12,2.51,2.5125,2.4655,2.4905,
CPRT,2011-08-15,2.5295,2.5295,2.4895,2.5245,
CPRT,2011-08-16,2.4905,2.557,2.48375,2.54,
CPRT,2011-08-17,2.5455,2.5655,2.518,2.54375,
CPRT,2011-08-18,2.5,2.5125,2.42625,2.4425,
CPRT,2011-08-19,2.41625,2.48,2.3825,2.43625,
CPRT,2011-08-22,2.487,2.48875,2.428,2.43875,
CPRT,2011-08-23,2.4505,2.513,2.4325,2.5125,
CPRT,2011-08-24,2.5055,2.552,2.48375,2.54875,
CPRT,2011-08-25,2.5375,2.5625,2.47875,2.5055,
CPRT,2011-08-26,2.537,2.5775,2.455,2.56125,
CPRT,2011-08-29,2.58625,2.6355,2.58625,2.6305,
CPRT,2011-08-30,2.597,2.6675,2.59625,2.652,
CPRT,2011-08-31,2.67125,2.7005,2.648,2.69,
CPRT,2011-09-01,2.6855,2.71625,2.6375,2.64625,
CPRT,2011-09-02,2.6,2.632,2.575,2.583,
CPRT,2011-09-06,2.5075,2.578,2.4945,2.575,
CPRT,2011-09-07,2.6055,2.65625,2.605,2.65125,
CPRT,2011-09-08,2.635,2.655,2.588,2.588,
CPRT,2011-09-09,2.57375,2.60875,2.53125,2.5545,
CPRT,2011-09-12,2.53,2.56,2.497,2.5575,
CPRT,2011-09-13,2.568,2.6055,2.5595,2.58625,
CPRT,2011-09-14,2.5995,2.6675,2.57125,2.6395,
CPRT,2011-09-15,2.607,2.61875,2.57375,2.577,"[""Bank of America Downgrades Copart To Underperform"", ""Bank of America Downgrades Copart To Underperform"", ""Bank of America Downgrades Copart To Underperform""]"
CPRT,2011-09-16,2.5775,2.6145,2.5595,2.5825,
CPRT,2011-09-19,2.51125,2.6355,2.51125,2.53125,
CPRT,2011-09-20,2.5695,2.57375,2.487,2.4895,"[""Earnings Preview: Copart - Analyst Blog"", ""Earnings Scheduled For September 20"", ""Earnings Scheduled For September 20"", ""Earnings Preview: Copart - Analyst Blog"", ""Earnings Scheduled For September 20"", ""Earnings Preview: Copart - Analyst Blog""]"
CPRT,2011-09-21,2.4495,2.4545,2.33438,2.35312,Hearing CL King Downgrades CoPart form Buy to Neutral
CPRT,2011-09-22,2.25062,2.32812,2.23438,2.31438,"[""Barrington Research Maintains Copart Outperform, PT"", ""Barrington Research Maintains Copart Outperform, PT"", ""Barrington Research Maintains Copart Outperform, PT""]"
CPRT,2011-09-23,2.31875,2.3625,2.31625,2.34312,
CPRT,2011-09-26,2.36625,2.42625,2.34188,2.4225,
CPRT,2011-09-27,2.4745,2.505,2.44,2.4505,
CPRT,2011-09-28,2.4605,2.48375,2.40625,2.412,
CPRT,2011-09-29,2.478,2.48125,2.425,2.48125,
CPRT,2011-09-30,2.43,2.48375,2.4125,2.445,
CPRT,2011-10-03,2.44125,2.4775,2.35812,2.37062,
CPRT,2011-10-04,2.345,2.4655,2.33,2.4605,"[""Copart Boosted Term Loan to $500M from $400M"", ""Copart Boosted Term Loan to $500M from $400M"", ""Copart Boosted Term Loan to $500M from $400M""]"
CPRT,2011-10-05,2.4645,2.5275,2.4175,2.51875,
CPRT,2011-10-06,2.52,2.575,2.49625,2.55875,
CPRT,2011-10-07,2.56875,2.6,2.5255,2.5305,
CPRT,2011-10-10,2.5625,2.63125,2.548,2.63,
CPRT,2011-10-11,2.61875,2.64,2.6005,2.628,
CPRT,2011-10-12,2.6305,2.69875,2.617,2.6725,
CPRT,2011-10-13,2.7095,2.7095,2.61875,2.67625,
CPRT,2011-10-14,2.69875,2.69875,2.6705,2.687,
CPRT,2011-10-17,2.6775,2.6805,2.6045,2.613,
CPRT,2011-10-18,2.6245,2.67375,2.573,2.6575,
CPRT,2011-10-19,2.655,2.685,2.612,2.6305,
CPRT,2011-10-20,2.633,2.677,2.593,2.65125,
CPRT,2011-10-21,2.68875,2.732,2.685,2.71125,
CPRT,2011-10-24,2.733,2.7625,2.717,2.755,
CPRT,2011-10-25,2.737,2.743,2.6925,2.6975,
CPRT,2011-10-26,2.73125,2.7375,2.66,2.722,
CPRT,2011-10-27,2.7995,2.818,2.758,2.798,
CPRT,2011-10-28,2.75,2.79,2.742,2.76875,
CPRT,2011-10-31,2.74125,2.7725,2.71625,2.7225,
CPRT,2011-11-01,2.63625,2.6825,2.60375,2.6405,
CPRT,2011-11-02,2.683,2.7055,2.64125,2.7,
CPRT,2011-11-03,2.728,2.76625,2.68875,2.7655,
CPRT,2011-11-04,2.7345,2.7745,2.717,2.77375,
CPRT,2011-11-07,2.76125,2.77125,2.688,2.7395,
CPRT,2011-11-08,2.7505,2.78375,2.68875,2.77625,
CPRT,2011-11-09,2.7145,2.7275,2.65375,2.6655,
CPRT,2011-11-10,2.6875,2.698,2.64875,2.69625,
CPRT,2011-11-11,2.727,2.763,2.7055,2.7505,
CPRT,2011-11-14,2.735,2.7445,2.7025,2.72125,
CPRT,2011-11-15,2.74,2.782,2.7045,2.76375,
CPRT,2011-11-16,2.73375,2.7725,2.7155,2.72,"[""Moving Away From The Materials Sector, Toward A Growth/Momentum Style"", ""Moving Away From The Materials Sector, Toward A Growth/Momentum Style"", ""Moving Away From The Materials Sector, Toward A Growth/Momentum Style""]"
CPRT,2011-11-17,2.74125,2.75625,2.6995,2.7225,
CPRT,2011-11-18,2.73375,2.7555,2.7255,2.73125,
CPRT,2011-11-21,2.69625,2.7045,2.6675,2.6795,
CPRT,2011-11-22,2.675,2.6875,2.6445,2.66375,
CPRT,2011-11-23,2.64625,2.657,2.6025,2.63125,
CPRT,2011-11-25,2.64375,2.65625,2.6195,2.6445,"[""Stocks Close Near Lows Amid Lower Trade In Short Session, But Walgreen Up 1%"", ""Barrington Research Maintains Outperform Rating and $50 PT on Copart"", ""Barrington Research Maintains Outperform Rating and $50 PT on Copart"", ""Stocks Close Near Lows Amid Lower Trade In Short Session, But Walgreen Up 1%"", ""Barrington Research Maintains Outperform Rating and $50 PT on Copart"", ""Stocks Close Near Lows Amid Lower Trade In Short Session, But Walgreen Up 1%""]"
CPRT,2011-11-28,2.69125,2.735,2.652,2.675,
CPRT,2011-11-29,2.71125,2.7795,2.6845,2.7145,"[""Goldman Sachs Maintains Neutral Rating on Copart"", ""Goldman Sachs Maintains Neutral Rating on Copart"", ""Goldman Sachs Maintains Neutral Rating on Copart""]"
CPRT,2011-11-30,2.7875,2.825,2.75,2.80875,"[""Goldman Sachs Maintains Neutral, $45 Target on Copart"", ""Goldman Sachs Maintains Neutral, $45 Target on Copart"", ""Goldman Sachs Maintains Neutral, $45 Target on Copart""]"
CPRT,2011-12-01,2.8075,2.858,2.80625,2.8155,
CPRT,2011-12-02,2.8355,2.858,2.8125,2.82625,
CPRT,2011-12-05,2.85625,2.88125,2.84875,2.858,
CPRT,2011-12-06,2.855,2.862,2.81875,2.84,
CPRT,2011-12-07,2.8195,2.8655,2.79125,2.85,
CPRT,2011-12-08,2.817,2.85875,2.807,2.813,
CPRT,2011-12-09,2.81875,2.865,2.8175,2.855,"[""AutoZone, Copart: Healthy Charts, Earnings Wins"", ""AutoZone, Copart: Healthy Charts, Earnings Wins"", ""AutoZone, Copart: Healthy Charts, Earnings Wins""]"
CPRT,2011-12-12,2.832,2.855,2.79375,2.855,
CPRT,2011-12-13,2.863,2.90625,2.8195,2.83,
CPRT,2011-12-14,2.8195,2.83625,2.797,2.82375,
CPRT,2011-12-15,2.858,2.88,2.833,2.853,
CPRT,2011-12-16,2.867,2.8975,2.85875,2.8845,
CPRT,2011-12-19,2.88125,2.90375,2.8305,2.8725,
CPRT,2011-12-20,2.91125,2.9625,2.8875,2.9305,"[""CarMax Earnings Preview: Marginally Higher EPS Expected"", ""CarMax Earnings Preview: Marginally Higher EPS Expected"", ""CarMax Earnings Preview: Marginally Higher EPS Expected""]"
CPRT,2011-12-21,2.917,2.947,2.90625,2.94125,"How one trader is playing Copart calls One investor wants to give Copart more room to run. optionMONSTER's monitoring systems detected the sale of 1,500 May 50 calls for $1.80. An equal number of January 45 calls were purchased at the same time for $2.80, but volume was below open interest in that strike. It appears that an investor owns shares in the used-car marketing company and had previously sold the January contracts as part of a covered call strategy. By adjusting the position, he or she got a chance to collect an additional $5 of upside on the stock. In return, the investor paid $1 and agreed to remain in the trade for an additional four months. (See our Education section) CPRT rose 2.02 percent to $46.89 yesterday and is up about 20 percent since the start of October. Its last earnings report on Nov. 28 beat expectations and was followed by estimate increases at firms including RBC Capital Markets and Robert W. Baird. (See researchLAB for more) Overall option volume in the stock was 26 times greater than average in yesterday's session. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. Copyright © 2010 OptionMonster® Holdings, Inc. All Rights Reserved. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
CPRT,2011-12-22,2.94125,2.96375,2.91625,2.958,
CPRT,2011-12-23,2.9475,2.9945,2.9375,2.988,
CPRT,2011-12-27,2.9755,3.0045,2.97125,2.9895,
CPRT,2011-12-28,2.973,2.99875,2.973,2.98125,
CPRT,2011-12-29,2.98125,3.00375,2.98125,2.9975,
CPRT,2011-12-30,2.9705,3.0075,2.9705,2.993,
CPRT,2012-01-03,3.0375,3.0375,2.93625,2.9395,
CPRT,2012-01-04,2.9255,2.93625,2.88875,2.8945,
CPRT,2012-01-05,2.86625,2.91,2.85,2.903,
CPRT,2012-01-06,2.8925,2.93875,2.887,2.912,
CPRT,2012-01-09,2.91375,2.95375,2.91375,2.945,
CPRT,2012-01-10,2.94375,3.003,2.94375,2.9845,
CPRT,2012-01-11,2.9695,3.00375,2.957,2.99625,
CPRT,2012-01-12,3.0,3.013,2.97375,3.0005,
CPRT,2012-01-13,2.968,3.0145,2.9675,3.01125,
CPRT,2012-01-17,3.02,3.0375,3.00625,3.008,
CPRT,2012-01-18,3.0175,3.03,2.98125,3.028,
CPRT,2012-01-19,3.0395,3.042,3.018,3.0275,
CPRT,2012-01-20,3.01875,3.0395,3.0105,3.01625,
CPRT,2012-01-23,3.00875,3.0395,2.9945,3.01625,
CPRT,2012-01-24,3.008,3.03375,3.002,3.0195,
CPRT,2012-01-25,3.013,3.068,3.0045,3.0425,
CPRT,2012-01-26,3.057,3.0645,3.0,3.0095,
CPRT,2012-01-27,2.9945,3.01375,2.97125,2.97125,
CPRT,2012-01-30,2.84,2.97125,2.84,2.96,
CPRT,2012-01-31,2.95875,2.97375,2.9125,2.94,
CPRT,2012-02-01,2.96375,2.9995,2.94625,2.9825,
CPRT,2012-02-02,2.9825,2.9925,2.958,2.9595,
CPRT,2012-02-03,2.97,2.98625,2.9625,2.96375,
CPRT,2012-02-06,2.93875,2.96375,2.9225,2.932,
CPRT,2012-02-07,2.9275,2.95375,2.92,2.9225,
CPRT,2012-02-08,2.92875,2.943,2.905,2.9245,
CPRT,2012-02-09,2.9245,2.9375,2.8745,2.93625,
CPRT,2012-02-10,2.917,2.938,2.9005,2.9045,
CPRT,2012-02-13,2.923,2.92875,2.892,2.90125,
CPRT,2012-02-14,2.8875,2.908,2.86375,2.877,
CPRT,2012-02-15,2.885,2.88875,2.8575,2.873,
CPRT,2012-02-16,2.87375,2.9175,2.87375,2.915,
CPRT,2012-02-17,2.9205,2.9295,2.888,2.893,
CPRT,2012-02-21,2.8955,2.9195,2.8745,2.8945,
CPRT,2012-02-22,2.88125,2.9055,2.862,2.885,
CPRT,2012-02-23,2.875,2.9125,2.86,2.907,
CPRT,2012-02-24,2.9005,2.927,2.887,2.917,
CPRT,2012-02-27,2.8825,2.89125,2.822,2.8545,"[""Hearing CL King Downgrades Copart to Sell from Neutral"", ""Hearing CL King Downgrades Copart to Sell from Neutral"", ""Hearing CL King Downgrades Copart to Sell from Neutral""]"
CPRT,2012-02-28,2.853,2.8845,2.8325,2.863,
CPRT,2012-02-29,3.04,3.20125,2.90875,3.11125,"[""8 Stocks Rising on Monster Volume"", ""Copart Exceeds Estimates - Analyst Blog"", ""8 Stocks Rising on Monster Volume"", ""8 Stocks Rising on Monster Volume"", ""Copart Exceeds Estimates - Analyst Blog"", ""Copart Exceeds Estimates - Analyst Blog Copart, Inc. ( CPRT ) posted a robust 54% increase in profits to 71 cents per share (excluding impairment charges) in the second quarter of its fiscal year ended January 31, 2012 from 46 cents per share in the same quarter of the prior fiscal year. The company's profits exceeded the Zacks Consensus Estimate by 12 cents per share. In absolute terms, profits went up 30% to $49.4 million (excluding impairment charges) from $37.9 million in the second quarter of fiscal 2011. Revenues in the quarter grew 10% to $227.9 million, which is higher than the Zacks Consensus Estimate of $219 million. Service revenues scaled up 9% to $189.7 million while Vehicle revenues escalated 14% to $38.2 million. Operating profit rose 6% to $63.5 million, reflecting an operating margin of 28% during the quarter. Under the existing share repurchase program, Copart repurchased 1.97 million shares of its common stock at a weighted average price of $46.34 during the quarter. Since the beginning of fiscal 2011, the company has repurchased 21.89 shares of its common stock for $39.75 per share. At the end of the quarter, the company had 25.51 shares available for repurchase under the repurchase program. Copart had cash and cash equivalents of $127.6 million as of January 31, 2012, up from $74.0 million as of July 31, 2011. Long-term debt and capital lease obligations amounted to $481.7 million as of January 31, 2012, up from $375.8 million as of July 31, 2011. Consequently, the debt-to-capitalization ratio increased to 48.7% as of January 31, 2012 from 40.4% as of July 31, 2011. In the six months ended January 31, 2012, the company's net cash flow was $90.3 million from operating activities, down from $93.3 million in the prior-year period. The decline in cash flow was attributable to lower accounts payable and accrued liabilities and lower deferred income taxes compared with the prior-year period. Capital expenditures (net) fell significantly to $14.3 million from $22.1 million in the first half of fiscal 2011. Copart, a Zacks #2 Rank (Buy) stock, is headquartered in Fairfield, California. The company provides online auctions and vehicle remarketing services in the U.S., Canada and the U.K. It offers a range of services for processing and selling vehicles over the Internet through its Virtual Bidding Second Generation Internet auction-style sales technology, to vehicle sellers, primarily insurance companies, banks and financial institutions, charities, car dealerships, fleet operators, and vehicle rental companies. COPART INC ( CPRT ): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""8 Stocks Rising on Monster Volume"", ""8 Stocks Rising on Monster Volume"", ""Copart Exceeds Estimates - Analyst Blog""]"
CPRT,2012-03-01,3.14,3.18625,3.0995,3.17625,"[""Morning Social Media Outlook for Thursday Mar 1 (CPRT, NKTR, RIMM, FNSR)"", ""Morning Social Media Outlook for Thursday Mar 1 (CPRT, NKTR, RIMM, FNSR)"", ""Morning Social Media Outlook for Thursday Mar 1 (CPRT, NKTR, RIMM, FNSR)""]"
CPRT,2012-03-02,3.16125,3.18375,3.125,3.13875,
CPRT,2012-03-05,3.132,3.1475,3.115,3.1345,
CPRT,2012-03-06,3.10625,3.125,3.1025,3.1075,"[""Zacks #1 Rank Additions for Tuesday - Tale of the Tape"", ""Zacks #1 Rank Additions for Tuesday - Tale of the Tape"", ""Zacks #1 Rank Additions for Tuesday - Tale of the Tape Here are 5 stocks added to the Zacks #1 Rank (\""strong buy\"") List today: American Railcar Industries ( ARII ) Cedar Realty Trust ( CDR ) Friedman, Billings, Ramsey Group ( AI ) Copart, Inc ( CPRT ) CoreSite Realty Corp ( COR ) View the entire Zacks #1 Rank List . ARLINGTON ASSET ( AI ): Free Stock Analysis Report AMER RAILCAR ( ARII ): Free Stock Analysis Report CEDAR SHOPN CTR ( CDR ): Free Stock Analysis Report CORESITE REALTY ( COR ): Free Stock Analysis Report COPART INC ( CPRT ): Free Stock Analysis Report To read this article on Zacks.com click here. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Zacks #1 Rank Additions for Tuesday - Tale of the Tape""]"
CPRT,2012-03-07,3.10875,3.16,3.0975,3.13875,
CPRT,2012-03-08,3.13125,3.2,3.13125,3.175,
CPRT,2012-03-09,3.18,3.20875,3.165,3.1975,
CPRT,2012-03-12,3.187,3.2345,3.1855,3.22625,
CPRT,2012-03-13,3.247,3.29875,3.22625,3.297,"[""Auto Makers are Up; How About Auto Dealers? (CPRT, KMX, PAG, LAS)"", ""Auto Makers are Up; How About Auto Dealers? (CPRT, KMX, PAG, LAS)"", ""Auto Makers are Up; How About Auto Dealers? (CPRT, KMX, PAG, LAS)""]"
CPRT,2012-03-14,3.288,3.3095,3.282,3.3025,
CPRT,2012-03-15,3.30125,3.328,3.287,3.3125,
CPRT,2012-03-16,3.3125,3.33125,3.2975,3.30875,"[""Is Complacency Sinking Your Returns? - Investment Ideas"", ""Top 4 Mid-Cap Stocks In The Auto Dealerships Industry With The Highest Cash"", ""Top 4 Mid-Cap Stocks In The Auto Dealerships Industry With The Highest Cash"", ""Is Complacency Sinking Your Returns? - Investment Ideas"", ""Is Complacency Sinking Your Returns? - Investment Ideas Earlier this week I read an article that suggested the moon's effect on tides may have led to the disastrous sinking of the Titanic. The theory is that the unusually close proximity of the moon to the Earth at the time probably caused higher than expected tides, which dislodged extraordinarily large icebergs. What struck me about the article is that it mentioned that the captain of the Titanic was assigned to this maiden voyage precisely because he was a highly experienced, knowledgeable and careful seaman of the North Atlantic. I hadn't known that he was so credentialed. What we all do know is that those unusually large icebergs made their way much further South than expected, into the shipping lanes. So here is a situation where an experienced professional was extremely comfortable operating in a certain environment and in a certain manner. Yet the environment had changed beyond his expectations and, because he was operating the ship the way he would given past conditions, the captain was headed for disaster. And we all know what happened as a result of his complacency. What We Can Learn from Titanic The lesson of the Titanic's captain could have similar implications for your stock portfolio. Perhaps you're a seasoned investor and have been selecting stocks the same way for 10, 20, or even more years. If so, how do you truly know if your stock-picking strategy still works? Have you been keeping perfect records to know with confidence that your strategy outperforms, or are you simply \""remembering\"" that your stock picks have been profitable? (Numerous behavioral studies have shown that people tend to remember their successes and ignore their failures. We condition ourselves to \""believe\"" we're better at performing a task than we actually are. Humans are an optimistic species. It's a trait that served us well during our evolution, but it may not serve us so well in our modern, complex world of investing.) On the other hand, if you're new to stock investing, what kind of ideas do you have that will lead to higher returns? Would you like a way to test those ideas? How To Look Deeper Furthermore, how would you like to have access to numerous data items like analyst ratings , target prices and corporate financial statements for thousands of companies? After all, the more informed you are; the better decision maker you'll be. Does the appeal to test your ideas over many historical time periods, including up and down markets and economic cycles, appeal to you? Would you like to get a sense of the riskiness or volatility of your strategy? In other words, wouldn't it be good to know the frequency and size of the \""icebergs\"" inherent in your strategy? Wouldn't you like to know if momentum , value, or growth strategies (or combinations thereof) perform better over time? Zacks offers a tool that allows you to find answers to these questions. You can use the Research Wizard to navigate all the different data available, discover strategies that lead to higher returns and test it all for confident trading. It truly is a one-of-a-kind product, available to the individual investor. With the Research Wizard, you're only limited by your imagination. Let's look at an example. Sticking with the non-complacency theme, I decided to not only look at stocks with the best Zacks Rank , but those that most recently appeared as Zacks Rank #1s (Strong Buys). So I'm avoiding complacency here by selecting the freshest and best Zacks Ranks. Testing a strategy of the stocks that just became a #1 within the last week yielded a 10.8% annual average return--compared to a 0% annual average return for the S&P 500 from 2000-2011. So $10,000 invested in this strategy at the end of 1999 would have returned $34,062 at the end of 2011, versus $10,049 for the S&P 500. The strategy was, however, slightly more risky with the largest losing period returning -32.5% compared to -27.5% for the S&P 500. The number of stocks in the portfolio averaged just above 30 over this 11-year timeframe, and portfolios with a smaller number of stocks tend to be more volatile. Here's how to find the stocks that just became Zacks Rank #1s: First, start with only US common stocks Next, create a liquid, investible set of the stocks with the largest 3000 market values and average daily trading volume greater than or equal to to 100,000 shares (if there's not enough liquidity, it'll be hard for you to trade) Select only those stocks with a current Zacks Rank equal to 1 . (You want current high-ranking stocks.) Finally, select only those stocks with a Zacks Rank [1 week ago] not equal to 1 . (You want the previous week's Zacks Rank to NOT be a 1.) Here are five stocks using the above methodology (3/16/12): KR - The Kroger Company Kroger, a Cincinnati-based company, operates as a retailer in the US, and manufactures and processes food for sale in its supermarkets. This company has become a new Zacks #1 Rank of a \""Strong Buy\"". The improvement in the Zacks Rank is due to several quarters of earnings surprises and recent upward revisions in both quarterly and fiscal earnings estimates. ICE - IntercontinentalExchange, Inc. IntercontinentalExchange, an Atlanta-based company, operates regulated exchanges, clearing houses, and over-the-counter (OTC) markets for agricultural, credit, currency, emissions, energy and equity index contracts. This new Zacks #1 Rank has a solid history of earnings surprises and just had four estimate revisions in the last seven days, and five in the last 30 days for both its current fiscal quarter and annual earnings. HLF - Herbalife Ltd. Over the last year, this company has had super strong earnings surprises of at least 15%. Couple those surprises with at least eight revisions for both the current quarterly and annual earnings estimates over the last 30 days, and you have what adds up to a Zacks #1 Rank. Herbalife, a network marketing company, sells weight management, nutritional supplement, energy, sports and fitness, and personal care products worldwide. WLK - Westlake Chemical Corp. Westlake manufactures and markets basic chemicals, vinyls, polymers and fabricated products. This company has delivered a positive earnings surprise six out of the last seven quarters and had at least two quarterly and annual estimate revisions within the last 30 days. Earnings surprises and upward earnings revisions lead to a good Zacks Rank. CPRT - Copart, Inc. Copart provides online auctions and vehicle remarketing services in the United States, Canada and the United Kingdom. This Zacks #1 Rank's latest earnings report beat expectations by over 20%, which has caused upward estimate revisions within the last week and month for both quarterly and annual earnings. Do Your Own Research Because I'm a strong proponent of self-improvement, I encourage you to verify your strategies and try to improve upon them with the Zacks Research Wizard . Starting today, you are invited to do this free of charge. You'll have 14 days to create, tweak and backtest your strategies. At the same time, you can see the latest picks from pre-loaded winning strategies that average gains of up to +67.4% per year. Don't be complacent with your current strategy. Avoid unseen disasters in your portfolio by becoming a better stock picker today. Learn more about your Research Wizard free trial >> Good Investing, Kip Kip Robbins is a Quantitative Analyst with Zacks.com. He analyzes screens and strategies for Zacks customers and for use in Zacks Research Wizard , which empowers individual investors to use market-beating screens, build their own, and back test their results. COPART INC ( CPRT ): Free Stock Analysis Report HERBALIFE LTD ( HLF ): Free Stock Analysis Report INTERCONTINENTL ( ICE ): Free Stock Analysis Report KROGER CO ( KR ): Free Stock Analysis Report WESTLAKE CHEM ( WLK ): Free Stock Analysis Report To read this article on Zacks.com click here. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Top 4 Mid-Cap Stocks In The Auto Dealerships Industry With The Highest Cash"", ""Is Complacency Sinking Your Returns? - Investment Ideas""]"
CPRT,2012-03-19,3.3005,3.3195,3.2825,3.30125,
CPRT,2012-03-20,3.28125,3.3,3.275,3.288,
CPRT,2012-03-21,3.305,3.3125,3.26625,3.2975,
CPRT,2012-03-22,3.26875,3.30375,3.25875,3.29625,
CPRT,2012-03-23,3.30625,3.3125,3.27125,3.30375,
CPRT,2012-03-26,3.32875,3.355,3.315,3.34375,
CPRT,2012-03-27,3.34875,3.34875,3.31375,3.31875,
CPRT,2012-03-28,3.3175,3.3225,3.27,3.3025,
CPRT,2012-03-29,3.2775,3.31125,3.23625,3.28,
CPRT,2012-03-30,3.28875,3.28875,3.2575,3.25875,
CPRT,2012-04-02,3.26,3.28125,3.23625,3.25875,
CPRT,2012-04-03,3.265,3.26625,3.2325,3.26,
CPRT,2012-04-04,3.24375,3.2475,3.1875,3.20875,
CPRT,2012-04-05,3.19375,3.21125,3.17125,3.19,
CPRT,2012-04-09,3.15375,3.17375,3.13875,3.16375,
CPRT,2012-04-10,3.16625,3.16875,3.075,3.0775,
CPRT,2012-04-11,3.115,3.14875,3.1025,3.14375,"[""8 Stocks Rising on Monster Volume"", ""8 Stocks Rising on Monster Volume"", ""8 Stocks Rising on Monster Volume"", ""8 Stocks Rising on Monster Volume"", ""8 Stocks Rising on Monster Volume""]"
CPRT,2012-04-12,3.15,3.21625,3.14125,3.205,
CPRT,2012-04-13,3.1875,3.21875,3.1875,3.205,"[""How to Combine Business Analysis with 10-Year Financial Data"", ""How to Combine Business Analysis with 10-Year Financial Data"", ""How to Combine Business Analysis with 10-Year Financial Data""]"
CPRT,2012-04-16,3.21875,3.275,3.20625,3.2575,
CPRT,2012-04-17,3.26875,3.31125,3.24375,3.2875,
CPRT,2012-04-18,3.2875,3.335,3.26875,3.325,
CPRT,2012-04-19,3.33,3.33875,3.2775,3.29625,
CPRT,2012-04-20,3.31375,3.33625,3.2925,3.32,
CPRT,2012-04-23,3.28875,3.28875,3.2475,3.2775,
CPRT,2012-04-24,3.27375,3.30125,3.25,3.2775,
CPRT,2012-04-25,3.30625,3.32625,3.2825,3.30625,
CPRT,2012-04-26,3.2975,3.3275,3.285,3.31625,
CPRT,2012-04-27,3.32625,3.34125,3.2975,3.32875,
CPRT,2012-04-30,3.3325,3.335,3.28875,3.30125,
CPRT,2012-05-01,3.295,3.35625,3.295,3.305,
CPRT,2012-05-02,3.28125,3.325,3.2725,3.3225,
CPRT,2012-05-03,3.31625,3.32875,3.2825,3.2975,
CPRT,2012-05-04,3.285,3.29375,3.245,3.27625,
CPRT,2012-05-07,3.26125,3.2975,3.2475,3.28625,
CPRT,2012-05-08,3.2625,3.315,3.25125,3.31,"[""Picking Net-Nets: Don't Overfocus on the Balance Sheet"", ""Picking Net-Nets: Don't Overfocus on the Balance Sheet"", ""Picking Net-Nets: Don't Overfocus on the Balance Sheet""]"
CPRT,2012-05-09,3.2725,3.295,3.26,3.2875,
CPRT,2012-05-10,3.29125,3.3125,3.27125,3.2875,"[""Free Cash Flow Isn't Everything"", ""Free Cash Flow Isn't Everything"", ""Free Cash Flow Isn't Everything""]"
CPRT,2012-05-11,3.27625,3.34125,3.2675,3.30875,"[""Earnings Yield or Free Cash Flow Yield: Which Should You Use?"", ""Earnings Yield or Free Cash Flow Yield: Which Should You Use?"", ""Earnings Yield or Free Cash Flow Yield: Which Should You Use?""]"
CPRT,2012-05-14,3.2875,3.29625,3.23375,3.235,
CPRT,2012-05-15,3.22875,3.28125,3.22,3.27375,
CPRT,2012-05-16,3.28125,3.315,3.2725,3.2875,
CPRT,2012-05-17,3.29375,3.295,3.255,3.2625,
CPRT,2012-05-18,3.265,3.3125,3.2025,3.21375,
CPRT,2012-05-21,3.22625,3.29,3.21375,3.2825,
CPRT,2012-05-22,3.29375,3.35125,3.2875,3.345,"[""Online Vehicle Auction Company Copart Acquires Diamond Auto Bids and Disposals; Terms Not Disclosed"", ""Online Vehicle Auction Company Copart Acquires Diamond Auto Bids and Disposals; Terms Not Disclosed"", ""Online Vehicle Auction Company Copart Acquires Diamond Auto Bids and Disposals; Terms Not Disclosed""]"
CPRT,2012-05-23,3.34,3.38375,3.3025,3.375,
CPRT,2012-05-24,3.375,3.40875,3.35125,3.405,"[""Q1 Results Stand Out For Handful Of Leaders"", ""Q1 Results Stand Out For Handful Of Leaders"", ""Q1 Results Stand Out For Handful Of Leaders""]"
CPRT,2012-05-25,3.41,3.42875,3.37125,3.3825,
CPRT,2012-05-29,3.4375,3.4375,3.385,3.41125,"[""Earnings Scheduled For May 29"", ""US Stock Futures Up Ahead Of Economic Data"", ""US Stock Futures Up Ahead Of Economic Data"", ""Earnings Scheduled For May 29"", ""US Stock Futures Up Ahead Of Economic Data"", ""Earnings Scheduled For May 29""]"
CPRT,2012-05-30,3.36875,3.485,3.31375,3.44375,"[""Copart Sees Profits In Line - Analyst Blog"", ""Option Alert: Copart Call Volume at 856% of Average; Currently $27.49"", ""Copart, Inc: Bull or Bear?"", ""Copart, Inc: Bull or Bear?"", ""Option Alert: Copart Call Volume at 856% of Average; Currently $27.49"", ""Copart Sees Profits In Line - Analyst Blog"", ""Copart Sees Profits In Line - Analyst Blog Copart, Inc. ( CPRT ) posted a 23% increase in profits to 43 cents per share for the third quarter of its fiscal year ended April 30, 2012 from 35 cents in the comparable quarter of prior fiscal year. The bottom line was at par with the Zacks Consensus Estimate during the quarter. In absolute terms, profits increased 10.6% to $55.5 million from $50.1 million in the third quarter of prior fiscal year. Operating profits rose 7.2% to $87.9 million from $82.0 million a year ago. Consequently, operating margin increased to 36.0% from 34.7% a year ago. Revenues in the quarter scaled up 3.1% to $244.1 million. Service revenues escalated 3.7% to $203.5 million while revenues from Vehicle sales were flat at $40.6 million on a year-over-year basis. Copart had cash and cash equivalents of $207.1 million as of April 30, 2012, significantly up from $74.0 million as of July 31, 2011. The company's total debt increased to $462.9 million as of April 30, 2012 from $375.8 million as of July 31, 2011. Consequently, debt-to-capitalization ratio increased to 44.4% from 40.4% a year ago. In the first nine months of the fiscal year, the company's net cash flow from operations deteriorated to $197.0 million from $200.7 million in the prior-year period, mainly due to lower deferred income taxes. Meanwhile, capital expenditures declined to $27.1 million from $70.7 million in the prior-year period. Copart, headquartered in Fairfield, California, provides a full range of remarketing services to vehicle owners to process and sell salvage and clean title vehicles to dealers, dismantlers, rebuilders, exporters and end users. The company remarkets the vehicles through Internet utilizing its patented Virtual Bidding Second Generation (VB2) technology. Copart sells vehicles on behalf of insurance companies, banks, finance companies, fleet operators, dealers, car dealerships and individuals. It currently operates 154 facilities in the U.S., Canada and the U.K. Currently, the company retains a Zacks #3 Rank on its shares, which translates to a short-term (1 to 3 months) rating of Hold. Its competitors include Liquidity Services, Inc. ( LQDT ) and Ritchie Bros. Auctioneers Incorporated ( RBA ). COPART INC (CPRT): Free Stock Analysis Report LIQUIDITY SVCS (LQDT): Free Stock Analysis Report RITCHIE BROS (RBA): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Copart, Inc: Bull or Bear?"", ""Option Alert: Copart Call Volume at 856% of Average; Currently $27.49"", ""Copart Sees Profits In Line - Analyst Blog""]"
CPRT,2012-05-31,3.42625,3.43875,3.375,3.38875,
CPRT,2012-06-01,3.325,3.335,3.22875,3.2425,"[""Company News for June 1, 2012 - Corporate Summary"", ""Company News for June 1, 2012 - Corporate Summary"", ""Company News for June 1, 2012 - Corporate Summary \u2022 Joy Global Inc. (NYSE: JOY ) posted second quarter earnings per share of $2.04, beating the Zacks Consensus Estimate of $1.95 \u2022 Copart, Inc. (NASDAQ: CPRT ) reported third quarter earnings per share of $0.43, matching the Zacks Consensus Estimate of $0.43 \u2022 Ciena Corporation (NASDAQ: CIEN ) posted a second quarter loss per share of $0.04, surpassing the Zacks Consensus Estimate for a loss of $0.14 \u2022 Shares of CGI Group, Inc. (NYSE: GIB ) gained 13.7% after it announced it was purchasing Anglo-Dutch rival Logica PLC for $2.64 billion CIENA CORP (CIEN): Free Stock Analysis Report COPART INC (CPRT): Free Stock Analysis Report CGI GRP INC -A (GIB): Free Stock Analysis Report JOY GLOBAL INC (JOY): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Company News for June 1, 2012 - Corporate Summary""]"
CPRT,2012-06-04,3.23875,3.26625,3.15,3.16375,"[""Copart Inc. (CPRT) Chairman of the Board, 10% Owner Willis J Johnson sells 155,312 Shares"", ""Stocks End Mostly Up In Slow Trade; Starbucks Up 3%"", ""Copart Inc. (CPRT) Chairman of the Board, 10% Owner Willis J Johnson sells 155,312 Shares"", ""Stocks End Mostly Up In Slow Trade; Starbucks Up 3%"", ""Copart Inc. (CPRT) Chairman of the Board, 10% Owner Willis J Johnson sells 155,312 Shares"", ""Stocks End Mostly Up In Slow Trade; Starbucks Up 3%""]"
CPRT,2012-06-05,3.15375,3.16125,3.09125,3.12,"[""Insiders Trading HPQ, LNKD, FURX, CPRT"", ""Barrington Downgrades Copart from Outperform to Market Perform"", ""UPDATE: Barrington Research Downgrades Copart to Market Perform as Shares Reach PT"", ""UPDATE: Barrington Research Downgrades Copart to Market Perform as Shares Reach PT"", ""Barrington Downgrades Copart from Outperform to Market Perform"", ""Insiders Trading HPQ, LNKD, FURX, CPRT"", ""UPDATE: Barrington Research Downgrades Copart to Market Perform as Shares Reach PT"", ""Barrington Downgrades Copart from Outperform to Market Perform"", ""Insiders Trading HPQ, LNKD, FURX, CPRT""]"
CPRT,2012-06-06,3.13625,3.13875,3.07625,3.09875,"[""Stocks Extend Gains In Afternoon On Spain Bank Hopes"", ""Top 4 Mid-Cap Stocks In The Auto Dealerships Industry With The Highest Cash"", ""Top 4 Mid-Cap Stocks In The Auto Dealerships Industry With The Highest Cash"", ""Stocks Extend Gains In Afternoon On Spain Bank Hopes"", ""Top 4 Mid-Cap Stocks In The Auto Dealerships Industry With The Highest Cash"", ""Stocks Extend Gains In Afternoon On Spain Bank Hopes""]"
CPRT,2012-06-07,3.1275,3.15,3.08,3.0825,
CPRT,2012-06-08,3.08,3.1,3.04125,3.08375,"[""Copart Inc. (CPRT) Chairman of the Board, 10% Owner Willis J Johnson sells 284,053 Shares"", ""Copart Inc. (CPRT) Chairman of the Board, 10% Owner Willis J Johnson sells 284,053 Shares"", ""Copart Inc. (CPRT) Chairman of the Board, 10% Owner Willis J Johnson sells 284,053 Shares""]"
CPRT,2012-06-11,3.0975,3.1,3.0375,3.03875,
CPRT,2012-06-12,3.0525,3.0525,3.0175,3.02625,"[""Copart Inc. (CPRT) Chairman of the Board, 10% Owner Willis J Johnson sells 590,839 Shares"", ""Copart Inc. (CPRT) Chairman of the Board, 10% Owner Willis J Johnson sells 590,839 Shares"", ""Copart Inc. (CPRT) Chairman of the Board, 10% Owner Willis J Johnson sells 590,839 Shares""]"
CPRT,2012-06-13,3.00875,3.03,2.97,2.9775,"[""Insiders Trading TPX, CPRT, REN, CVU"", ""Insiders Trading TPX, CPRT, REN, CVU"", ""Insiders Trading TPX, CPRT, REN, CVU""]"
CPRT,2012-06-14,2.975,2.99625,2.92375,2.9325,"[""Benzinga's After Hours Movers"", ""Benzinga's After Hours Movers"", ""Benzinga's After Hours Movers""]"
CPRT,2012-06-15,2.93,2.95875,2.905,2.9125,"[""Copart Inc. (CPRT) Chairman of the Board, 10% Owner Willis J Johnson sells 173,617 Shares"", ""Copart Inc. (CPRT) Chairman of the Board, 10% Owner Willis J Johnson sells 173,617 Shares"", ""Copart Inc. (CPRT) Chairman of the Board, 10% Owner Willis J Johnson sells 173,617 Shares""]"
CPRT,2012-06-18,2.90125,2.97625,2.89625,2.97375,
CPRT,2012-06-19,2.98,3.02875,2.9625,3.01,
CPRT,2012-06-20,3.00625,3.0075,2.95625,2.99,
CPRT,2012-06-21,2.995,2.9975,2.905,2.92875,
CPRT,2012-06-22,2.935,2.97125,2.91625,2.91875,
CPRT,2012-06-25,2.89125,2.9,2.85625,2.86625,
CPRT,2012-06-26,2.87125,2.89375,2.8325,2.86875,
CPRT,2012-06-27,2.87125,2.91875,2.8625,2.86625,
CPRT,2012-06-28,2.8475,2.90375,2.82375,2.9025,
CPRT,2012-06-29,2.945,2.96875,2.9275,2.96125,
CPRT,2012-07-02,2.96875,3.02625,2.96875,3.0225,
CPRT,2012-07-03,2.998,3.05625,2.998,3.045,
CPRT,2012-07-05,3.03375,3.19125,3.02625,3.04625,
CPRT,2012-07-06,3.02625,3.05375,3.0025,3.01375,
CPRT,2012-07-09,3.00125,3.02125,2.99,2.995,
CPRT,2012-07-10,3.005,3.02875,2.9625,2.98375,
CPRT,2012-07-11,2.98,3.015,2.9725,3.01125,"[""Option Alert: Copart Call Volume at 1,241% of Average; Currently $23.96"", ""Option Alert: Copart Call Volume at 1,241% of Average; Currently $23.96"", ""Option Alert: Copart Call Volume at 1,241% of Average; Currently $23.96""]"
CPRT,2012-07-12,2.99,3.0175,2.97875,3.00875,
CPRT,2012-07-13,3.015,3.04875,3.01,3.02,
CPRT,2012-07-16,3.02625,3.02625,2.97,2.9925,
CPRT,2012-07-17,3.00875,3.0135,2.96125,2.99375,
CPRT,2012-07-18,2.99125,3.05375,2.98125,3.04875,
CPRT,2012-07-19,3.05625,3.075,3.04625,3.07,
CPRT,2012-07-20,3.04625,3.08,3.037,3.0475,
CPRT,2012-07-23,3.0075,3.0075,2.97,3.005,
CPRT,2012-07-24,3.005,3.05875,2.92575,2.9545,
CPRT,2012-07-25,2.9525,2.9575,2.93375,2.9375,
CPRT,2012-07-26,2.975,2.98625,2.95,2.98625,
CPRT,2012-07-27,2.99875,3.0555,2.9825,3.0425,
CPRT,2012-07-30,3.04,3.0425,2.985,2.995,
CPRT,2012-07-31,2.98375,2.99875,2.95875,2.97,
CPRT,2012-08-01,2.9775,3.05,2.94875,2.9525,
CPRT,2012-08-02,2.925,2.95625,2.91,2.93875,
CPRT,2012-08-03,2.98,3.0325,2.98,3.00875,
CPRT,2012-08-06,3.0175,3.03625,2.9875,3.0025,
CPRT,2012-08-07,3.01875,3.075,3.015,3.04625,
CPRT,2012-08-08,3.04125,3.0925,3.03875,3.08875,
CPRT,2012-08-09,3.0875,3.14625,3.08,3.125,
CPRT,2012-08-10,3.1225,3.13625,3.09625,3.13375,
CPRT,2012-08-13,3.12625,3.1575,3.11,3.15375,
CPRT,2012-08-14,3.16125,3.18625,3.134,3.14375,
CPRT,2012-08-15,3.135,3.18,3.12125,3.1775,
CPRT,2012-08-16,3.1825,3.2565,3.175,3.25625,
CPRT,2012-08-17,3.25625,3.27375,3.2425,3.25125,
CPRT,2012-08-20,3.2425,3.2625,3.2275,3.247,
CPRT,2012-08-21,3.25,3.25375,3.22,3.2375,
CPRT,2012-08-22,3.2275,3.26125,3.2075,3.26,
CPRT,2012-08-23,3.24875,3.2825,3.19875,3.2725,
CPRT,2012-08-24,3.25,3.295,3.24875,3.25375,
CPRT,2012-08-27,3.26875,3.275,3.24,3.2575,
CPRT,2012-08-28,3.25375,3.3225,3.228,3.30125,"[""Copart Expands Operations into the United Arab Emirates"", ""Copart Expands Operations into the United Arab Emirates"", ""Copart Expands Operations into the United Arab Emirates""]"
CPRT,2012-08-29,3.3025,3.35125,3.2825,3.3225,
CPRT,2012-08-30,3.30125,3.3325,3.29875,3.31,
CPRT,2012-08-31,3.33,3.355,3.3075,3.33875,
CPRT,2012-09-04,3.3325,3.4925,3.3075,3.455,
CPRT,2012-09-05,3.45125,3.46,3.39875,3.44,
CPRT,2012-09-06,3.465,3.47875,3.4375,3.46125,
CPRT,2012-09-07,3.46375,3.47,3.2175,3.40625,
CPRT,2012-09-10,3.40625,3.46375,3.3825,3.41375,
CPRT,2012-09-11,3.40875,3.47875,3.40625,3.47625,
CPRT,2012-09-12,3.48875,3.51125,3.4725,3.49375,
CPRT,2012-09-13,3.49125,3.52875,3.46875,3.4875,
CPRT,2012-09-14,3.4875,3.49475,3.46125,3.46875,
CPRT,2012-09-17,3.4675,3.48875,3.44375,3.4675,
CPRT,2012-09-18,3.45875,3.4825,3.3925,3.46375,
CPRT,2012-09-19,3.4525,3.47625,3.41625,3.41875,
CPRT,2012-09-20,3.41875,3.4575,3.41625,3.45,
CPRT,2012-09-21,3.47,3.49125,3.43125,3.445,
CPRT,2012-09-24,3.43125,3.45,3.4065,3.43375,"[""Stocks Retreat; Caterpillar, Red Hat Fall After Hours"", ""Market Uptrend Intact; Investors Eye Economic Data, Earnings"", ""Market Uptrend Intact; Investors Eye Economic Data, Earnings"", ""Stocks Retreat; Caterpillar, Red Hat Fall After Hours"", ""Market Uptrend Intact; Investors Eye Economic Data, Earnings"", ""Stocks Retreat; Caterpillar, Red Hat Fall After Hours""]"
CPRT,2012-09-25,3.46375,3.49625,3.41125,3.425,"[""Earnings Scheduled For September 25, 2012"", ""US Stock Futures Flat Ahead Of Economic Data"", ""Options Alert: Copart Inc."", ""Options Alert: Copart Inc."", ""US Stock Futures Flat Ahead Of Economic Data"", ""Earnings Scheduled For September 25, 2012"", ""After-Hours Earnings Report for September 25, 2012 : JBL, CPRT, SNX, OMN, CAMP The following companies are expected to report earnings after hours on 09/25/2012. Visit our Earnings Calendar for a full list of expected earnings releases. Jabil Circuit, Inc. ( JBL ) is reporting for the quarter ending August 31, 2012. The electrical company's consensus earnings per share forecast from the 6 analysts that follow the stock is $0.50. This value represents a -7.41% decrease compared to the same quarter last year. The last two quarters JBL had negative earnings surprises; the latest report they missed by -3.57%. Zacks Investment Research reports that the 2012 Price to Earnings ratio for JBL is 10.18 vs. an industry ratio of 10.50. Copart, Inc. ( CPRT ) is reporting for the quarter ending July 31, 2012. The auction company's consensus earnings per share forecast from the 7 analysts that follow the stock is $0.33. This value represents a 13.79% increase compared to the same quarter last year. In the past year CPRT has met analyst expectations twice and beat the expectations the other two quarters. Zacks Investment Research reports that the 2012 Price to Earnings ratio for CPRT is 19.48 vs. an industry ratio of 26.90. Synnex Corporation ( SNX ) is reporting for the quarter ending August 31, 2012. The computer services company's consensus earnings per share forecast from the 9 analysts that follow the stock is $0.93. This value represents a -13.08% decrease compared to the same quarter last year. In the past year SNX has met analyst expectations once and beat the expectations the other quarter. The \""days to cover\"" for this stock exceeds 18 days. Zacks Investment Research reports that the 2012 Price to Earnings ratio for SNX is 8.69 vs. an industry ratio of 36.20. OMNOVA Solutions Inc. ( OMN ) is reporting for the quarter ending August 31, 2012. The chemical company's consensus earnings per share forecast from the 4 analysts that follow the stock is $0.20. This value represents a 400.00% increase compared to the same quarter last year. OMN missed the consensus earnings per share in the 3rd calendar quarter by -20%. The \""days to cover\"" for this stock exceeds 11 days. Zacks Investment Research reports that the 2012 Price to Earnings ratio for OMN is 11.85 vs. an industry ratio of 13.90. CalAmp Corp. ( CAMP ) is reporting for the quarter ending August 31, 2012. The electrical instrument company's consensus earnings per share forecast from the 1 analyst that follows the stock is $0.12. This value represents a 100.00% increase compared to the same quarter last year. In the past year CAMP has beat the expectations every quarter. The highest one was in the 2nd calendar quarter where they beat the consensus by 15.38%. Zacks Investment Research reports that the 2013 Price to Earnings ratio for CAMP is 8.89 vs. an industry ratio of 7.60, implying that they will have a higher earnings growth than their competitors in the same industry. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Options Alert: Copart Inc."", ""US Stock Futures Flat Ahead Of Economic Data"", ""Earnings Scheduled For September 25, 2012""]"
CPRT,2012-09-26,3.58875,3.6225,3.43375,3.478,"[""5 Stocks Spiking on Unusual Volume"", ""Stocks To Watch For September 26, 2012"", ""UPDATE: Copart Posts Upbeat Q4 Profit"", ""US Stock Futures Slightly Lower Ahead Of Home Sales Data"", ""Benzinga's Top Pre-Market Gainers"", ""Benzinga's Top Pre-Market Gainers"", ""US Stock Futures Slightly Lower Ahead Of Home Sales Data"", ""UPDATE: Copart Posts Upbeat Q4 Profit"", ""Stocks To Watch For September 26, 2012"", ""5 Stocks Spiking on Unusual Volume"", ""Benzinga's Top Pre-Market Gainers"", ""US Stock Futures Slightly Lower Ahead Of Home Sales Data"", ""UPDATE: Copart Posts Upbeat Q4 Profit"", ""Stocks To Watch For September 26, 2012"", ""5 Stocks Spiking on Unusual Volume""]"
CPRT,2012-09-27,3.48125,3.5025,3.40375,3.47125,"[""Copart Opens Facility in New Hampshire"", ""Copart Opens Facility in New Hampshire""]"
CPRT,2012-09-28,3.465,3.4995,3.45375,3.4655,Copart Opens Facility in New Hampshire
CPRT,2012-10-01,3.46375,3.46625,3.39125,3.43125,
CPRT,2012-10-02,3.43375,3.44875,3.37625,3.42375,
CPRT,2012-10-03,3.43625,3.456,3.39375,3.42125,
CPRT,2012-10-04,3.43375,3.43875,3.40375,3.43875,
CPRT,2012-10-05,3.4575,3.47375,3.4225,3.4325,
CPRT,2012-10-08,3.42,3.4375,3.40875,3.42125,
CPRT,2012-10-09,3.41375,3.425,3.37625,3.3925,
CPRT,2012-10-10,3.395,3.41625,3.35125,3.36125,
CPRT,2012-10-11,3.3725,3.4,3.35625,3.35875,
CPRT,2012-10-12,3.3525,3.37,3.32875,3.34,"[""Top 4 Mid-Cap Stocks In The Auto Dealerships Industry With The Highest Profit Margin"", ""Top 4 Mid-Cap Stocks In The Auto Dealerships Industry With The Highest Profit Margin"", ""Top 4 Mid-Cap Stocks In The Auto Dealerships Industry With The Highest Profit Margin""]"
CPRT,2012-10-15,3.34,3.3625,3.31125,3.3425,
CPRT,2012-10-16,3.35875,3.372,3.3125,3.34875,
CPRT,2012-10-17,3.3525,3.42,3.33125,3.4095,
CPRT,2012-10-18,3.41,3.435,3.39125,3.41875,
CPRT,2012-10-19,3.4125,3.42625,3.3825,3.39625,"[""Buffett-Munger Strategy: What Worked? What Didn't"", ""Buffett-Munger Strategy: What Worked? What Didn't"", ""Buffett-Munger Strategy: What Worked? What Didn't""]"
CPRT,2012-10-22,3.38875,3.405,3.357,3.37,
CPRT,2012-10-23,3.335,3.375,3.29375,3.3575,
CPRT,2012-10-24,3.365,3.38375,3.3525,3.3775,
CPRT,2012-10-25,3.395,3.4175,3.37625,3.4175,
CPRT,2012-10-26,3.4175,3.4175,3.3805,3.4125,"[""Top 4 Mid-Cap Stocks In The Auto Dealerships Industry With The Highest Operating Margin"", ""Top 4 Mid-Cap Stocks In The Auto Dealerships Industry With The Highest Operating Margin"", ""Top 4 Mid-Cap Stocks In The Auto Dealerships Industry With The Highest Operating Margin""]"
CPRT,2012-10-31,3.49,3.60625,3.4555,3.59875,"[""Upgrades & Downgrades"", ""Benzinga's Top Upgrades"", ""Robert W. Baird Upgraded Copart from Neutral to Outperform"", ""Robert W. Baird Upgraded Copart from Neutral to Outperform"", ""Benzinga's Top Upgrades"", ""Upgrades & Downgrades"", ""Robert W. Baird Upgraded Copart from Neutral to Outperform"", ""Benzinga's Top Upgrades"", ""Upgrades & Downgrades""]"
CPRT,2012-11-01,3.60625,3.71125,3.5825,3.7105,
CPRT,2012-11-02,3.7275,3.74375,3.6175,3.62375,
CPRT,2012-11-05,3.6175,3.62375,3.54875,3.59375,"[""Copart Buys Brazil's Central de Leiloes"", ""Copart Buys Brazil's Central de Leiloes"", ""Copart Buys Brazil's Central de Leiloes""]"
CPRT,2012-11-06,3.5975,3.66375,3.5975,3.63625,
CPRT,2012-11-07,3.6075,3.62125,3.575,3.6025,
CPRT,2012-11-08,3.6305,3.6305,3.5675,3.58875,"[""Best & Worst ETFs and Mutual Funds: Small-cap Growth Style"", ""Best & Worst ETFs and Mutual Funds: Small-cap Growth Style"", ""Best & Worst ETFs and Mutual Funds: Small-cap Growth Style""]"
CPRT,2012-11-09,3.57125,3.68875,3.5675,3.67875,
CPRT,2012-11-12,3.68125,3.7325,3.62875,3.68625,"[""Copart Acquires WOM Wreck Online Marketing Aktiengesellschaft"", ""Copart Acquires WOM Wreck Online Marketing Aktiengesellschaft"", ""Copart Acquires WOM Wreck Online Marketing Aktiengesellschaft""]"
CPRT,2012-11-13,3.66625,3.7275,3.66625,3.71,
CPRT,2012-11-14,3.7125,3.73725,3.67,3.6725,"[""What to Do When Good Stocks Aren't Cheap"", ""What to Do When Good Stocks Aren't Cheap"", ""What to Do When Good Stocks Aren't Cheap You have to look for a margin of safety in every stock you buy. If you can't find a margin of safety - you have to hold cash. Two people who read my articles sent me these emails]: Hi Geoff, My question is what strategy should an investor adopt when the market is rising (generally good stocks are not available at reasonable prices in such circumstances)? Should an investor just wait on the sidelines when the market continues to rise? Thanks, Suneet And the second email: In general, how do you approach the macro investor problem: When markets are down, value investors pile in, but when markets are up, what should value investors do? Underperform? That's what I'm doing now. I have 75% of my portfolio in cash. And I am underperforming. I am up 5% in 2012. The S&P 500 is up 11%. It is no fun making 5% a year. And it is no fun being beat by the S&P 500. But when you keep 75% of your assets in cash - you know that has to happen. I would love to be 100% invested. I would always love to be 100% invested. But when I can't find stocks I like with a margin of safety - I stay in cash. It's odd for me to have 75% in cash. I can't think of any time in recent years where I kept more than 50% of my portfolio in cash for more than a month or so. It just never happens. But it's happening now. It's been happening for most of 2012. Why? We all have rules. We all have habits. We all have ways we like to invest. Most investors diversify more than I do. I have low standards when it comes to diversification. I have high standards when it comes to stock selection. Like I said in a recent article - my required rate of return is 10%. If I don't think I can make 10% a year in a stock - I don't buy that stock. So I have a rate of return hurdle. I also have a value hurdle. I need to know the stock I am buying is - conservatively calculated - worth more than what I am paying. I need clear and convincing evidence of that. I also have a safety hurdle. We'll call it a comfort hurdle. I need to be comfortable with the industry, the organization, the management, the balance sheet, etc. There needs to be a low risk of catastrophic loss. I don't like looking at stocks where I think there is a real chance of losing 50% of my investment. I don't own banks. Over the last few years - there were many cheap banks. There still are some. Many of them have a real risk of catastrophic loss. You could lose 50% of your money if the world goes against you. That is not true in Kimberly Clark ( KMB ) . That is not true in Waste Management ( WM ) . That is not true in Carnival ( CCL ) . Or in Omnicom ( OMC ) . Those are companies in industries with solid demand. They are businesses with solid competitive positions. If you know they are cheap - and you know they can make you 10% a year - those are stocks you can feel safe buying. So when I say I'm not finding stocks to buy - I am saying I'm not finding stocks that check all 3 boxes at once. They need to be worth more than they are trading for. They need to be safe. And they need to offer a return of 10% a year. There are some stocks I know are safe. A good example is Copart ( CPRT ) . That is a safe stock. Demand for the service is stable. It will be around as long as car insurance. Copart's competitive position is solid. I like the management. The balance sheet - which is chock full of land - is fine. It's clearly a safe stock. But is it cheap? Copart trades at 21 times earnings. It trades at over 4 times sales. And the price to book is so high it has no meaning. So I like Copart. I follow Copart. But I don't own Copart. It only checks one of the boxes I need checked. It is a good, safe business. But it isn't cheap. And it doesn't promise 10% annual returns. So I can't buy the stock. Then there are stocks that are cheap. No one doubts they are cheap. But are they safe? Are they the kind of business I feel comfortable owning? Think about Bank of America ( BAC ) . Or Hewlett-Packard ( HPQ ) . Or even Microsoft ( MSFT ) . Whether you can buy these stocks depends on where you draw your circle of competence. HP is definitely outside my circle. There is not even a kernel of understanding in that business for me to latch onto. I don't know their products. I don't know their customers. I don't see how they differ from others. And I'm writing this on an HP desktop. But I only own that desktop because another - non-HP computer - broke. They could ship an HP that day. So I bought an HP. I don't like or dislike the desktop. And I wouldn't buy another HP. A lot of companies - mostly big companies - fall into the HP category for me. They are big. They compete with other big companies. And I'm not sure I understand what they do. Why they make the products they do. Why they provide the services they do. And why any customer would stick with them. These stocks may make good bets. It might be a great idea to buy Hewlett-Packard LEAPs. I don't know. It isn't the kind of stock I am looking for. Because I'm looking for a business I understand. Where I understand the company's behavior. And I understand their customer's behavior. That - more than anything - is what gives me comfort. So no HP for me. No matter how cheap it is. What about Bank of America? Warren Buffett has a preferred investment in Bank of America. He obviously thought the common stock was cheap. He got 10-year options as part of the deal. I'm a Bank of America customer. And I have no doubt that - in five years - they will have more of my dollars at their bank than they do now. That's a good sign. There are very few businesses that can count on getting more of my business in the next five years. I'm sure Amazon ( AMZN ) will make more money off me in 2017 than they do now. I'm sure Southwest ( LUV ) will make more money off me. And I'm sure Bank of America will too. That's about it. These businesses all have some things in common. They scale well. They have big competitors. And parts of the experience they offer are unpleasant. Amazon benefits from how little I liked shopping at Wal-Mart ( WMT ) . It was never a fun place. Some people like being in actual stores. I'm not one of them. So Amazon doesn't need to match stores on price to keep my business. I'm always willing to pay up a little for the convenience of online shopping, home delivery, etc. Southwest is a more direct winner. They offer more frequent flights on the routes I want. They have good prices. And I like the actual experience a bit more. Again, very big, unimpressive competition is part of why I can be sure I'll fly Southwest even more in the future. The alternative is worse. So why am I sure I'll bank more with Bank of America? It's a sticky business. It's a big hassle to move. They own a broker - Merrill Lynch. Online banking is important to me. Their brokerage and online services can match anyone's. And I don't like going in a branch. So superior customer service by a local competitor won't get my deposit. Finally, the real reason Bank of America has my business is location. My old bank was Wells Fargo. I liked Wells Fargo better than Bank of America. I still do. But Wells Fargo doesn't have a branch I can walk to. Bank of America has one a couple blocks from my apartment. Does that mean Wells Fargo can open a branch next door and get back my business? No. Banking is a sticky business. I moved banks when I moved. Moving my account for any other reason is a pain I don't need. Bank of America will have to drive me away with mistakes. A competitor can't win me over if I'm even remotely content. Banks are not something people shop for. They are something they switch only when they need to. Like when their current bank screws up. Or when they move. So Bank of America won my deposit with location. They've won a lot of deposits that way. And even a competitor like Wells Fargo can't do much to them. In the U.S., every bank has a small share of national deposits. The competition between big banks - for deposits - is not as rough as the kind of competition Amazon and Southwest have to deal with. It's more local. And more fragmented. That makes it sound like I could buy shares of Bank of America. And I could - if all that mattered to a bank is deposits. I have no doubt Bank of America will get cheap money far into the future. The problem is the past. And what they do with deposits. I need to worry about everything Bank of America did in the past. And all the loans they will make in the future. I like to put 25% of my portfolio into one stock. I don't feel comfortable putting 25% of my portfolio into Bank of America. It is cheap. And it can return 10% a year. But it's not in my comfort zone. Finally, there's Microsoft ( MSFT ) . This stock is also clearly cheap. And it's also a business where I have experience as a customer. I'm running Windows 8 right now. I love it. I have no idea what the long-term future of Windows will look like. I also have an Xbox 360. And - of course - I use Microsoft Office. I'm very likely to use all three - Xbox, Windows, and Office - in their next generations. So Microsoft has their hooks in me. And in a way HP doesn't. My next desktop will not be an HP. My next operating system will be Windows. Microsoft seems like an easy business to understand. And in some ways it is. But it depends a lot on what computers look like. It worries me a lot that the line between my desktop and my Kindle Fire is not a wide one. Windows only has a moat in one of those devices. I just don't know what the future of computers will be. And whether there will be a place for Windows. And how big it will be. So I know Microsoft is cheap. But I'm not comfortable buying it. Why did I turn a question about macro investing into a question about micro investing? Because that is always what it comes down to. I have 75% of my portfolio in cash - because I said no to stocks like Microsoft and Bank of America and HP. Not because I have a view of the market. Not because I have a view of the economy. If the stock market was overpriced and the economy was in the toilet and Carnival was trading for $15 a share - I would buy it. Why? Because in 20 years, I believe the cruise industry will be bigger than it is today, Carnival will be the leader in the cruise industry, and the leader in the cruise industry will earn its cost of capital. If those things are true - and Carnival is trading for a fraction of book value - then I should buy Carnival. Nothing else matters. The macro picture - by which I mean the level of the stock market, the strength of the economy, and the level of interest rates - will change a lot in 20 years. It changed a lot during the 23 years in which Warren Buffett owned Coke. But if he was right about Coke in 1989 - he didn't need to be clairvoyant about the future of everything else. Thinking about the big picture is often dangerous. Because it's often used as a way to justify dumb decisions. Not clearly dumb decisions. But borderline decisions. Carnival at $35 a share is a borderline decision. If you are right about fuel prices - that they will be lower in the future than they are today - you may make buckets of money buying Carnival at $35 a share. If you are wrong, you may not. It's a borderline decision at $35 a share. It is clearly a good decision at $15 a share. Waiting is the hardest part of investing. You have to wait long enough to buy a good idea. And once you own the idea, you have to wait long enough to see it play out. Right now, I am waiting for a good idea. And that means I made 5% this year. And the market made 11%. That's the price of a good idea. The value of cash is as an option. Cash is an option on future, lower stock prices. For a market timer - it's an option on future, lower general stock prices. For a stock picker - like me - cash is an option on future, lower specific stock prices. I don't have 75% of my portfolio in cash because I think the stock market will be lower in the future. I have 75% of my portfolio in cash because the price of Carnival and Copart and DreamWorks ( DWA ) are not low enough yet. Those stocks may get cheaper in the future. If they do, I may buy them. Or they won't get cheaper. And I'll never get to buy them. The only other option is lowering your standards. Which Warren Buffett refused to do in 1965. Stock prices were too high. He couldn't find good ideas to buy. It wasn't the game he was used to playing. So he wound down his partnership. Why didn't he just stay in cash? Because he was investing for others. Many of the people reading this article are not professional money managers. You can live with earning 5% a year when the market earns 11% a year. That's the advantage you have over money managers. Use it. Talk to Geoff about What To Do When Good Stocks Aren't Cheap Read Geoff's Other Articles About GuruFocus: GuruFocus.com tracks the stocks picks and portfolio holdings of the world's best investors. This value investing site offers stock screeners and valuation tools. And publishes daily articles tracking the latest moves of the world's best investors. GuruFocus also provides promising stock ideas in 3 monthly newsletters sent to Premium Members . The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""What to Do When Good Stocks Aren't Cheap""]"
CPRT,2012-11-15,3.66625,3.70125,3.63125,3.6325,
CPRT,2012-11-16,3.63125,3.6925,3.61625,3.67875,
CPRT,2012-11-19,3.71,3.71975,3.66625,3.6975,"[""Copart Expands in Germany - Analyst Blog"", ""Copart Expands in Germany - Analyst Blog"", ""Copart Expands in Germany - Analyst Blog Copart, Inc. ( CPRT ) has announced the acquisition of WOM Wreck Online Marketing Aktiengesellschaft. Based in Ettlingen, Germany, WOM provides auction platforms for both buyers and sellers of salvage vehicles in Europe and primarily serves the insurance markets in Germany. The acquisition of WOM will expand the company's footprint in Germany and will support its expansion strategy in Europe. The company plans to enhance the WOM platform as well as provide added service to its existing customers in other parts of the world. Recently, Copart acquired Sao Paulo, Brazil-based Central de Leiloes LTDA. Central is a salvage vehicle auction company, which serves many of the leading automobile insurance companies in Brazil. The acquisition will expand Copart's presence in South America. The company plans to improve the services available in Brazil and make it at par with the services available in the U.S., Canada, U.K and UAE. Copart, recorded a 20.7% growth in its earnings to 35 cents per share in fiscal fourth quarter ended July 31, 2012, from 29 cents per share in the corresponding quarter last year. The results surpassed the Zacks Consensus Estimate by a couple of cents. Profit escalated 10.8% to $44.9 million from $40.5 million in the year-ago quarter. Total revenue increased 5.2% year over year to $226.6 million in the quarter, beating the Zacks Consensus Estimate of $219 million. The year-over-year growth was attributable to increased unit volume sales in North America. However, volume sales in the U.K. remained flat due to the challenging economic condition in the region. Copart is the provider of online auctions and vehicle remarketing services in the U.S., Canada, U.K. and U.A.E. The company provides a wide range of remarketing services to vehicle suppliers, primarily insurance companies, to process and sell salvage vehicles, mainly over the Internet through its Virtual Bidding Internet auction-style sales technology. Currently, Copart retains a Zacks #2 Rank, which translates into a short-term Buy rating. COPART INC (CPRT): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Copart Expands in Germany - Analyst Blog""]"
CPRT,2012-11-20,3.685,3.75,3.64875,3.74875,
CPRT,2012-11-21,3.75,3.8,3.7325,3.78125,
CPRT,2012-11-23,3.795,3.82625,3.77375,3.825,
CPRT,2012-11-26,3.82,3.8425,3.71125,3.7325,"[""Earnings Scheduled For November 27, 2012"", ""Earnings Scheduled For November 27, 2012""]"
CPRT,2012-11-27,3.77375,3.78125,3.70125,3.72125,"[""Stocks Open Lower In Mixed Trade; Thor Industries Tumbles"", ""Lululemon, PetSmart And Copart Top Soft Retail Sector"", ""Earnings Scheduled For November 27, 2012"", ""Copart Reports Q1 EPS $0.36 vs $0.36 Est; Revenues $238.9M vs $236.06M Est"", ""Copart Reports Q1 EPS $0.36 vs $0.36 Est; Revenues $238.9M vs $236.06M Est"", ""Lululemon, PetSmart And Copart Top Soft Retail Sector"", ""Stocks Open Lower In Mixed Trade; Thor Industries Tumbles"", ""After-Hours Earnings Report for November 27, 2012 : ADI, PVH, GMCR, CPRT, FMCN, DL The following companies are expected to report earnings after hours on 11/27/2012. Visit our Earnings Calendar for a full list of expected earnings releases. Analog Devices, Inc. ( ADI ) is reporting for the quarter ending October 31, 2012. The semiconductor company's consensus earnings per share forecast from the 21 analysts that follow the stock is $0.57. This value represents a -5.00% decrease compared to the same quarter last year. Zacks Investment Research reports that the 2012 Price to Earnings ratio for ADI is 18.96 vs. an industry ratio of 12.70, implying that they will have a higher earnings growth than their competitors in the same industry. PVH Corp. ( PVH ) is reporting for the quarter ending October 31, 2012. The textile company's consensus earnings per share forecast from the 8 analysts that follow the stock is $2.29. This value represents a 21.16% increase compared to the same quarter last year. In the past year PVH and beat the expectations the other three quarters. Zacks Investment Research reports that the 2013 Price to Earnings ratio for PVH is 17.41 vs. an industry ratio of 16.60, implying that they will have a higher earnings growth than their competitors in the same industry. Green Mountain Coffee Roasters, Inc. ( GMCR ) is reporting for the quarter ending September 30, 2012. The wholesale food company's consensus earnings per share forecast from the 13 analysts that follow the stock is $0.47. This value represents a no change for the same quarter last year. GMCR missed the consensus earnings per share in the 3rd calendar quarter by -2.08%. The \""days to cover\"" for this stock exceeds 12 days. Zacks Investment Research reports that the 2012 Price to Earnings ratio for GMCR is 12.77 vs. an industry ratio of 21.40. Copart, Inc. ( CPRT ) is reporting for the quarter ending October 31, 2012. The auction company's consensus earnings per share forecast from the 7 analysts that follow the stock is $0.36. This value represents a 16.13% increase compared to the same quarter last year. In the past year CPRT has met analyst expectations once and beat the expectations the other three quarters. Zacks Investment Research reports that the 2013 Price to Earnings ratio for CPRT is 18.66 vs. an industry ratio of 22.20. Focus Media Holding Limited ( FMCN ) is reporting for the quarter ending September 30, 2012. The advertising/marketing company's consensus earnings per share forecast from the 1 analyst that follows the stock is $0.59. This value represents a 22.92% increase compared to the same quarter last year. In the past year FMCN has beat the expectations every quarter. The highest one was in the 2nd calendar quarter where they beat the consensus by 4.26%. The \""days to cover\"" for this stock exceeds 10 days. Zacks Investment Research reports that the 2012 Price to Earnings ratio for FMCN is 11.30 vs. an industry ratio of 11.50. China Distance Education Holdings Limited ( DL ) is reporting for the quarter ending September 30, 2012. The internet content company's consensus earnings per share forecast from the 2 analysts that follow the stock is $0.10. This value represents a -350.00% decrease compared to the same quarter last year. Zacks Investment Research reports that the 2012 Price to Earnings ratio for DL is 15.65 vs. an industry ratio of 10.30, implying that they will have a higher earnings growth than their competitors in the same industry. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Copart Reports Q1 EPS $0.36 vs $0.36 Est; Revenues $238.9M vs $236.06M Est"", ""Lululemon, PetSmart And Copart Top Soft Retail Sector"", ""Stocks Open Lower In Mixed Trade; Thor Industries Tumbles""]"
CPRT,2012-11-28,3.66125,3.77525,3.6225,3.735,"[""Bank of America Reiterates Underperform on Copart, Inc., Raises PO to $29.75"", ""Bank of America Reiterates Underperform on Copart, Inc., Raises PO to $29.75"", ""Bank of America Reiterates Underperform on Copart, Inc., Raises PO to $29.75""]"
CPRT,2012-11-29,3.81,3.81125,3.745,3.76875,"[""Upgrades & Downgrades"", ""Upgrades & Downgrades"", ""Upgrades & Downgrades""]"
CPRT,2012-11-30,3.77125,3.77875,3.74375,3.76875,
CPRT,2012-12-03,3.78125,3.825,3.7525,3.7875,"[""Copart, Inc. (CPRT) COO Russell Lowy sells 327,949 Shares"", ""Copart, Inc. (CPRT) COO Russell Lowy sells 327,949 Shares"", ""Copart, Inc. (CPRT) COO Russell Lowy sells 327,949 Shares""]"
CPRT,2012-12-04,3.77375,3.805,3.765,3.785,"[""AutoZone Sales Cold As Warm Winter Cuts Auto Repairs"", ""AutoZone Sales Cold As Warm Winter Cuts Auto Repairs"", ""AutoZone Sales Cold As Warm Winter Cuts Auto Repairs""]"
CPRT,2012-12-05,3.7875,3.80625,3.72875,3.7525,
CPRT,2012-12-06,3.69375,3.777,3.69375,3.75625,
CPRT,2012-12-07,3.76,3.77125,3.73375,3.75875,
CPRT,2012-12-10,3.75125,3.78375,3.73775,3.7775,
CPRT,2012-12-11,3.79,3.8035,3.7675,3.78625,
CPRT,2012-12-12,3.80125,3.815,3.76125,3.76375,
CPRT,2012-12-13,3.78375,3.82625,3.7625,3.8,
CPRT,2012-12-14,3.78875,3.8,3.75125,3.77625,
CPRT,2012-12-17,3.7925,3.80875,3.7575,3.777,
CPRT,2012-12-18,3.77875,3.81125,3.76,3.8075,
CPRT,2012-12-19,3.8025,3.8075,3.765,3.785,
CPRT,2012-12-20,3.7975,3.8225,3.751,3.80125,"[""Copart, Inc. (CPRT) CFO William E Franklin sells 90,220 Shares"", ""Copart, Inc. (CPRT) CFO William E Franklin sells 90,220 Shares"", ""Copart, Inc. (CPRT) CFO William E Franklin sells 90,220 Shares""]"
CPRT,2012-12-21,3.7525,3.77625,3.72,3.74875,
CPRT,2012-12-24,3.73,3.75375,3.715,3.73,
CPRT,2012-12-26,3.72875,3.73125,3.66375,3.68125,
CPRT,2012-12-27,3.67625,3.71,3.65875,3.69375,
CPRT,2012-12-28,3.68625,3.68625,3.6375,3.64,
CPRT,2012-12-31,3.625,3.69,3.58375,3.6875,
CPRT,2013-01-02,3.75,3.8125,3.72625,3.8075,
CPRT,2013-01-03,3.81125,3.83125,3.7725,3.78025,
CPRT,2013-01-04,3.7825,3.82125,3.76,3.81,"[""Copart Driven To Grow Global Salvage, Auction Firm"", ""Copart Driven To Grow Global Salvage, Auction Firm"", ""Copart Driven To Grow Global Salvage, Auction Firm""]"
CPRT,2013-01-07,3.77875,3.86875,3.77625,3.85375,"[""Copart, Inc. (CPRT) CEO A Jayson Adair sells 57,520 Shares"", ""Copart, Inc. (CPRT) CEO A Jayson Adair sells 57,520 Shares"", ""Copart, Inc. (CPRT) CEO A Jayson Adair sells 57,520 Shares""]"
CPRT,2013-01-08,3.8325,3.8625,3.795,3.805,
CPRT,2013-01-09,3.8025,3.85875,3.8025,3.8575,
CPRT,2013-01-10,3.89625,3.8975,3.8375,3.88,
CPRT,2013-01-11,3.8975,3.975,3.8975,3.95875,"[""Copart, Inc. (CPRT) CEO A Jayson Adair sells 57,520 Shares"", ""Stocks Hitting 52-Week Highs"", ""Stocks Hitting 52-Week Highs"", ""Copart, Inc. (CPRT) CEO A Jayson Adair sells 57,520 Shares"", ""Stocks Hitting 52-Week Highs"", ""Copart, Inc. (CPRT) CEO A Jayson Adair sells 57,520 Shares""]"
CPRT,2013-01-14,3.9625,4.00125,3.96125,3.985,
CPRT,2013-01-15,3.9675,3.99625,3.93375,3.9775,
CPRT,2013-01-16,3.96625,3.975,3.9325,3.9425,
CPRT,2013-01-17,3.96,3.98625,3.95,3.96125,
CPRT,2013-01-18,3.975,3.98125,3.9475,3.97375,
CPRT,2013-01-22,3.9925,4.0,3.96625,3.998,
CPRT,2013-01-23,4.0,4.03125,3.98,4.03125,
CPRT,2013-01-24,4.0275,4.0625,4.0205,4.04375,
CPRT,2013-01-25,4.05875,4.13125,4.0425,4.125,
CPRT,2013-01-28,4.13375,4.23875,4.13375,4.2375,
CPRT,2013-01-29,4.22125,4.301,4.22125,4.2475,
CPRT,2013-01-30,4.2525,4.34375,4.21375,4.22875,"[""JANA Says Bought Copart Shares Amid the Possibility of a REIT Conversion - Bloomberg"", ""JANA Says Bought Copart Shares Amid the Possibility of a REIT Conversion - Bloomberg"", ""JANA Says Bought Copart Shares Amid the Possibility of a REIT Conversion - Bloomberg""]"
CPRT,2013-01-31,4.22875,4.68375,4.21,4.48875,"[""Stocks Edge Into Mild Losses; Constellation Brands Stumbles"", ""Stocks Hitting 52-Week Highs"", ""Stocks Hitting 52-Week Highs"", ""Stocks Edge Into Mild Losses; Constellation Brands Stumbles"", ""Stocks Hitting 52-Week Highs"", ""Stocks Edge Into Mild Losses; Constellation Brands Stumbles""]"
CPRT,2013-02-01,4.47875,4.52375,4.4125,4.475,"[""BB&T Capital Downgrades Copart, Inc. to Hold, Removes $34.00 PT"", ""BB&T Capital Downgrades Copart, Inc. to Hold, Removes $34.00 PT"", ""BB&T Capital Downgrades Copart, Inc. to Hold, Removes $34.00 PT""]"
CPRT,2013-02-04,4.4175,4.45125,4.2875,4.44625,"[""Benzinga's Top Downgrades"", ""Baird Downgrades Copart, Inc. to Neutral, Raises PT to $36.00"", ""Baird Downgrades Copart, Inc. to Neutral, Raises PT to $36.00"", ""Benzinga's Top Downgrades"", ""Baird Downgrades Copart, Inc. to Neutral, Raises PT to $36.00"", ""Benzinga's Top Downgrades""]"
CPRT,2013-02-05,4.46875,4.56875,4.4475,4.56,
CPRT,2013-02-06,4.5475,4.60375,4.545,4.5725,"[""Westport Funds Buys 2 New Holdings, Both Surge"", ""Westport Funds Buys 2 New Holdings, Both Surge"", ""Westport Funds Buys 2 New Holdings, Both Surge Like many prominent money management firms reporting their portfolio updates, Westport Asset Management engaged in limited purchasing in the fourth quarter. It bought two new stocks: Copart Inc. ( CPRT ) and Core Laboratories N.V. ( CLB ). Led by principles Andrew J. Knuth and Edmund H. Nicklin Jr., Westport combines classic value investing with forward-looking business analysis. It focuses on companies with potential for increased capital appreciation that will affect their stock price, particularly those temporarily out of favor with Wall Street. In Westport's fourth quarter letter , it commented on the investing environment heading into 2013: With the arrival of 2013 investors continue to face uncertainties in the form of Congressional battles over the federal budget, Europe's debt crisis, and slowing corporate earnings. However, with the recovery in the housing and auto industries coupled with the rapidly expanding domestic energy exploration and production, the U.S. economy appears to have the potential to grow above 2.0% in 2013. New Buy: Copart Inc. ( CPRT ) Copart sells vehicles through its two-stage Internet sales technology, for cosignors such as finance companies and banks, for the public and for auto dealers, with more than 50,000 vehicles up for auction daily. Westport purchased 170,100 shares of this company for $29 per share on average in the fourth quarter, giving it a 0.53% weighting in its portfolio. Since Westport's purchase, the company's market value has increased approximately 26%. Trading for $36.66 per share on midday Wednesday, it has a $4.57 billion market cap. The price surged on news reported by Bloomberg that hedge fund Jana Partners bought Copart shares in a bet that the company would become a real estate investment trust (REIT), under which it would not have to pay federal income taxes but would be required to return at least 90% of taxable earnings as dividends to shareholders. \""We see an attractive asset trading at a reasonable price with the potential for significant value to be unlocked were CPRT to convert to a REIT,\"" Jana said in the letter obtained by Bloomberg. \""Our research suggests that the vast majority of CPRT's earnings can be classified as qualifying real estate income.\"" In fiscal year 2012, Copart earned $182 million in net come on $924 million in revenue, along with $146 million in free cash flow. Revenue, EBITDA and free cash flow have been growing at the average annual rates of 12.8%, 13% and 29.7%, respectively, over the past five years, according to its 10-year financials . The company is also pursuing growth through a variety of other means, including acquisitions. In November, it acquired Central de Leil\ufffdes Ltda. located in Brazil, WOM Wreck Online Marketing Aktiengesellschaft, an auction platform in Germany, and four parcels of land located in Estrada Muranaka, a municipality of Itaquaquecetuba, S\ufffdo Paulo State, Brazil. Copart currently has a P/E of 24.6, P/B of 7.4 and P/S of 5.1. New Buy: Core Laboratories N.V. ( CLB ) Westport funds commented in its fourth quarter letter about this company: \""Finally, a new position was established in Core Laboratories N.V., a unique oil service company that provides reservoir management services and production enhancement when it experienced an earnings shortfall relative to expectations for third quarter results. The company's capabilities in reserve modeling are highly valued in the shale areas of the U.S.\"" Core Laboratories' stock price also jumped recently, with its market value gaining more than 25% in the last three months. Trading for $129.50 per share in midday, the company has a market cap of $6.04 billion. Westport purchased 40,000 shares of Core Laboratories for $104 per share on average in the fourth quarter. A robust fourth quarter earnings report fueled the company's January stock gain. It posted its the most profitable quarter in its history, with a year-over-year net income increase to $54.8 million, and 7% earnings per share increase to $1.17. Revenue increased to a quarterly record of $254.46 million. The improvements were driven by international crude-oil developments, particularly deepwater unconventional oil plays in North America and high-grading international unconventional plays. International revenue increased 13%, leading the industry. The results came after Core Laboratories significantly raised its expectations for the fourth quarter on Oct. 17. Actual revenue for the quarter topped its estimate, while earnings per share came in at the top of the updated expected range. Read more about Core Laboratories' history in its 10-year financials page . For 2013, Core Laboratories is expecting robust Brent crude pricing and delivery of more deepwater drilling rigs that will enable it to further its existing work, branch out into new projects and offer new technologies and services related to deepwater fields and liquids-related unconventional reservoir developments. The company has a P/E of 28.8, P/B of 27 and P/S of 6.5. Increases Westport Funds made increases to four other holdings during the quarter, which were Nordson Corp. ( NDSN ), Abbott Laboratories ( ABT ), Air Products & Chemicals international Inc. ( CRL ) and Charles River Laboratories International Inc. Read more about the investing activities at Westport Funds in its portfolio here. Also check out the Undervalued Stocks, Top Growth Companies and High Yield stocks of Westport Asset Management.About GuruFocus: GuruFocus.com tracks the stocks picks and portfolio holdings of the world's best investors. This value investing site offers stock screeners and valuation tools. And publishes daily articles tracking the latest moves of the world's best investors. GuruFocus also provides promising stock ideas in 3 monthly newsletters sent to Premium Members . The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Westport Funds Buys 2 New Holdings, Both Surge""]"
CPRT,2013-02-07,4.58375,4.61625,4.49875,4.5,
CPRT,2013-02-08,4.49625,4.5225,4.48,4.5,
CPRT,2013-02-11,4.50625,4.54,4.46625,4.48,
CPRT,2013-02-12,4.4825,4.50125,4.4025,4.45375,
CPRT,2013-02-13,4.465,4.48875,4.4375,4.4675,
CPRT,2013-02-14,4.46125,4.525,4.45,4.4925,"[""13F from Barry Rosenstein's JANA: New Stakes in ADT, Copart, Waste Management, Lowered Stake in McGraw-Hill, Raised Stakes in Agrium, AIG, Netflix"", ""13F from Barry Rosenstein's JANA: New Stakes in ADT, Copart, Waste Management, Lowered Stake in McGraw-Hill, Raised Stakes in Agrium, AIG, Netflix"", ""13F from Barry Rosenstein's JANA: New Stakes in ADT, Copart, Waste Management, Lowered Stake in McGraw-Hill, Raised Stakes in Agrium, AIG, Netflix""]"
CPRT,2013-02-15,4.50125,4.55625,4.48875,4.54,
CPRT,2013-02-19,4.56,4.57875,4.47875,4.48625,
CPRT,2013-02-20,4.47875,4.47875,4.35875,4.36875,
CPRT,2013-02-21,4.3725,4.385,4.3075,4.3225,
CPRT,2013-02-22,4.34,4.345,4.2775,4.3025,
CPRT,2013-02-25,4.3175,4.325,4.25625,4.28875,
CPRT,2013-02-26,4.31125,4.3225,4.275,4.31875,"[""AutoZone Profits Miss Target Amid Mild Winter Repairs"", ""AutoZone Profits Miss Target Amid Mild Winter Repairs"", ""AutoZone Profits Miss Target Amid Mild Winter Repairs""]"
CPRT,2013-02-27,4.315,4.42625,4.2625,4.39875,"[""Copart"", ""Earnings Scheduled For February 27, 2013"", ""Earnings Scheduled For February 27, 2013"", ""Copart"", ""Earnings Scheduled For February 27, 2013"", ""Copart""]"
CPRT,2013-02-28,4.25,4.56375,4.1875,4.2675,"[""Copart Beats Estimates - Analyst Blog"", ""LKQ EPS, Sales Rise But Miss, Outlook Weak"", ""Copart Spikes Higher"", ""Copart Spikes Higher"", ""LKQ EPS, Sales Rise But Miss, Outlook Weak"", ""LKQ EPS, Sales Rise But Miss, Outlook Weak"", ""Copart Beats Estimates - Analyst Blog"", ""Copart Beats Estimates - Analyst Blog Copart, Inc. ( CPRT ) reported earnings per share of 38 cents in the second quarter of fiscal 2013 ended Jan 31, 2013, up 22.6% from 31 cents in the corresponding quarter last year. The quarterly EPS surpassed the Zacks Consensus Estimate by a penny. In absolute terms, adjusted profits improved 31.4% to $53.34 million from $40.6 million in the year-ago quarter. Profits in the reported quarter were affected by additional costs of $11.9 million or 6 cents per share associated with hurricane Sandy. Implementation of ERP system also resulted in incremental costs of $1.8 million or 1 cent during the quarter. The company's revenues went up 16.8% to $266.2 million in the quarter, beating the Zacks Consensus Estimate of $246.0 million. Service revenues augmented 16.1% to $216.9 million and revenues from vehicles sale went up 20% to $49.3 million. Gross profits decreased 2.9% to $96.8 million (36.4% of sales) from $99.7 million (or 43.7%) in the year-ago quarter due to higher operating costs and expenses. Consequently, operating income dropped 1.2% to $62.8 million from $63.5 million recorded in the second quarter of fiscal 2012. Operating margin was 23.6% compared with 27.9% in the year-ago quarter. Financial Details Copart had cash and cash equivalents of $49.5 million as of Jan 31, 2013 versus $140.1 million as of Jul 31, 2012. Total debt and capital lease obligations amounted to $408.2 million as of Jan 31, 2013 compared with $444.1 million as of Jul 31, 2012. During the first six months of fiscal 2013, the company generated net cash flow of $53.1 million from operations compared with $90.3 million in the same period a year ago. Capital spending was $108.7 million compared with $14.3 million in the first half of fiscal 2012. Our Take Copart is a provider of online auctions and vehicle remarketing services in the U.S., Canada, U.K. and U.A.E. and operates 162 facilities. The company provides a wide range of remarketing services to vehicle suppliers, primarily insurance companies, to process and sell salvage vehicles mainly over the Internet through the company's Virtual Bidding Internet auction-style sales technology. The company currently retains a Zacks Rank #3 (Hold). A few stocks that are also performing well in the industry where Copart operates are Sotheby's ( BID ), CarMax Inc. ( KMX ) and Asbury Automotive Group, Inc. ( ABG ). They carry a Zacks Rank #2 (Buy). ASBURY AUTO GRP (ABG): Free Stock Analysis Report SOTHEBYS (BID): Free Stock Analysis Report COPART INC (CPRT): Free Stock Analysis Report CARMAX GP (CC) (KMX): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Copart Spikes Higher"", ""LKQ EPS, Sales Rise But Miss, Outlook Weak"", ""LKQ EPS, Sales Rise But Miss, Outlook Weak"", ""Copart Beats Estimates - Analyst Blog""]"
CPRT,2013-03-01,4.24625,4.29125,4.2225,4.25,
CPRT,2013-03-04,4.25,4.2875,4.18375,4.18625,
CPRT,2013-03-05,4.2075,4.2425,4.16125,4.17,
CPRT,2013-03-06,4.175,4.2075,4.1375,4.18875,
CPRT,2013-03-07,4.165,4.18125,3.985,4.01875,
CPRT,2013-03-08,4.04375,4.05625,3.97625,3.98125,"[""Option Alert: Copart May 35 Call; 2,831 Contracts Traded vs 1,090 Open Interest; Currently $31.91"", ""Option Alert: Copart May 35 Call; 2,831 Contracts Traded vs 1,090 Open Interest; Currently $31.91"", ""Option Alert: Copart May 35 Call; 2,831 Contracts Traded vs 1,090 Open Interest; Currently $31.91""]"
CPRT,2013-03-11,3.98125,4.0425,3.9125,4.0425,"[""UPDATE: Cree, Copart, Lincoln Electric, Cadence Design Also Added to Q-50 Index"", ""Option Alert: Copart August Call; Block Trade 3,000 Contracts @$0.40 Currently $32.28"", ""Option Alert: Copart August Call; Block Trade 3,000 Contracts @$0.40 Currently $32.28"", ""UPDATE: Cree, Copart, Lincoln Electric, Cadence Design Also Added to Q-50 Index"", ""Option Alert: Copart August Call; Block Trade 3,000 Contracts @$0.40 Currently $32.28"", ""UPDATE: Cree, Copart, Lincoln Electric, Cadence Design Also Added to Q-50 Index""]"
CPRT,2013-03-12,4.04,4.05125,3.985,4.02625,
CPRT,2013-03-13,4.0325,4.23625,4.025,4.23625,
CPRT,2013-03-14,4.23375,4.30625,4.23,4.265,
CPRT,2013-03-15,4.27625,4.2925,4.24875,4.28125,
CPRT,2013-03-18,4.3325,4.3375,4.25625,4.29625,"[""Copart, Inc. (CPRT) COO Russell Lowy sells 21,472 Shares"", ""Copart, Inc. (CPRT) CEO A Jayson Adair sells 96,387 Shares"", ""Copart, Inc. (CPRT) COO Russell Lowy sells 21,472 Shares"", ""Copart, Inc. (CPRT) CEO A Jayson Adair sells 96,387 Shares"", ""Copart, Inc. (CPRT) COO Russell Lowy sells 21,472 Shares"", ""Copart, Inc. (CPRT) CEO A Jayson Adair sells 96,387 Shares""]"
CPRT,2013-03-19,4.2975,4.3425,4.2725,4.33875,
CPRT,2013-03-20,4.3475,4.37,4.29125,4.31375,
CPRT,2013-03-21,4.3,4.3,4.22,4.22875,"[""Is Quality as Good as Growth?"", ""Is Quality as Good as Growth?"", ""Is Quality as Good as Growth?""]"
CPRT,2013-03-22,4.23125,4.26625,4.23125,4.26,
CPRT,2013-03-25,4.285,4.31875,4.2525,4.26625,
CPRT,2013-03-26,4.29,4.30875,4.26,4.28875,
CPRT,2013-03-27,4.245,4.2975,4.23375,4.27375,"[""Gabelli & Co. Initiates Coverage on Copart, Inc. at Hold, Announces $26.00 PT"", ""Gabelli & Co. Initiates Coverage on Copart, Inc. at Hold, Announces $26.00 PT"", ""Gabelli & Co. Initiates Coverage on Copart, Inc. at Hold, Announces $26.00 PT""]"
CPRT,2013-03-28,4.28125,4.3025,4.2525,4.28375,
CPRT,2013-04-01,4.27625,4.29375,4.21125,4.23125,
CPRT,2013-04-02,4.2475,4.27625,4.1875,4.19875,
CPRT,2013-04-03,4.21375,4.21875,4.12,4.1375,
CPRT,2013-04-04,4.14875,4.18,4.0925,4.17375,
CPRT,2013-04-05,4.12875,4.1775,4.1075,4.1625,
CPRT,2013-04-08,4.1655,4.1925,4.14125,4.17375,
CPRT,2013-04-09,4.17375,4.2075,4.16,4.17375,
CPRT,2013-04-10,4.1825,4.2925,4.18125,4.2625,
CPRT,2013-04-11,4.265,4.29875,4.228,4.25375,
CPRT,2013-04-12,4.2325,4.285,4.19375,4.22125,
CPRT,2013-04-15,4.205,4.21875,4.04375,4.09,"[""UPDATE: J.P. Morgan Initiates Copart with Neutral on Appealing Business Model, Strong Track Record"", ""UPDATE: J.P. Morgan Initiates Copart with Neutral on Appealing Business Model, Strong Track Record"", ""UPDATE: J.P. Morgan Initiates Copart with Neutral on Appealing Business Model, Strong Track Record""]"
CPRT,2013-04-16,4.105,4.17,4.105,4.16125,
CPRT,2013-04-17,4.12375,4.14375,4.047,4.05875,
CPRT,2013-04-18,4.07375,4.08125,4.0,4.01125,
CPRT,2013-04-19,4.02875,4.10875,4.005,4.1025,
CPRT,2013-04-22,4.0925,4.15875,4.0575,4.15375,
CPRT,2013-04-23,4.16,4.26875,4.15625,4.26625,
CPRT,2013-04-24,4.26125,4.28125,4.23375,4.26375,"[""Waiting For A Triangle Breakout"", ""Waiting For A Triangle Breakout"", ""Waiting For A Triangle Breakout""]"
CPRT,2013-04-25,4.26375,4.3275,4.26375,4.3175,
CPRT,2013-04-26,4.32625,4.3375,4.2875,4.32375,
CPRT,2013-04-29,4.30375,4.375,4.30125,4.36625,
CPRT,2013-04-30,4.3625,4.41,4.31625,4.40625,
CPRT,2013-05-01,4.3825,4.43625,4.38,4.4175,
CPRT,2013-05-02,4.42,4.4675,4.41,4.4175,
CPRT,2013-05-03,4.43625,4.495,4.41625,4.42375,
CPRT,2013-05-06,4.4225,4.43375,4.39,4.425,
CPRT,2013-05-07,4.42625,4.4375,4.395,4.427,
CPRT,2013-05-08,4.4225,4.4275,4.38625,4.39625,
CPRT,2013-05-09,4.40125,4.4325,4.3975,4.4325,
CPRT,2013-05-10,4.44125,4.555,4.42875,4.4975,
CPRT,2013-05-13,4.5025,4.5525,4.49,4.54875,
CPRT,2013-05-14,4.54375,4.66125,4.52625,4.61375,"[""Top 4 Mid-Cap Stocks In The Auto Dealerships Industry With The Highest ROE"", ""Top 4 Mid-Cap Stocks In The Auto Dealerships Industry With The Highest ROE"", ""Top 4 Mid-Cap Stocks In The Auto Dealerships Industry With The Highest ROE""]"
CPRT,2013-05-15,4.6,4.6325,4.5925,4.625,"[""Summary of Jana Partners 13F: Aetna, Expedia and Kinder Morgan All Raised Among Others"", ""Summary of Jana Partners 13F: Aetna, Expedia and Kinder Morgan All Raised Among Others"", ""Summary of Jana Partners 13F: Aetna, Expedia and Kinder Morgan All Raised Among Others""]"
CPRT,2013-05-16,4.63375,4.68,4.5825,4.585,
CPRT,2013-05-17,4.615,4.7825,4.5995,4.76125,
CPRT,2013-05-20,4.71125,4.7375,4.6375,4.6475,"[""Northcoast Research Downgrades Copart to Neutral, Removes $36.00 PT"", ""Northcoast Research Downgrades Copart to Neutral, Removes $36.00 PT"", ""Northcoast Research Downgrades Copart to Neutral, Removes $36.00 PT""]"
CPRT,2013-05-21,4.64,4.65,4.60375,4.63,"[""Monro Muffler, AutoZone Earnings Turbocharge Shares"", ""Monro Muffler, AutoZone Earnings Turbocharge Shares"", ""Monro Muffler, AutoZone Earnings Turbocharge Shares""]"
CPRT,2013-05-22,4.6425,4.6475,4.55375,4.57625,
CPRT,2013-05-23,4.56125,4.6325,4.5275,4.6025,
CPRT,2013-05-24,4.57,4.625,4.5475,4.60875,
CPRT,2013-05-28,4.6475,4.6925,4.64,4.66875,
CPRT,2013-05-29,4.6375,4.665,4.59,4.6125,
CPRT,2013-05-30,4.60625,4.65,4.53125,4.59,"[""Stocks Extend Gains Late; Michael Kors Hits New High"", ""Stocks Up In Afternoon; 3D Systems Retakes Buy Point"", ""Stocks Hold Gains, Trade Eases; First Solar Surges On Upgrade"", ""Stocks Rise Despite Weak Data; Gold Futures Retake $1,400 Mark"", ""Earnings Scheduled For May 30, 2013"", ""Earnings Scheduled For May 30, 2013"", ""Stocks Extend Gains Late; Michael Kors Hits New High"", ""Stocks Up In Afternoon; 3D Systems Retakes Buy Point"", ""Stocks Hold Gains, Trade Eases; First Solar Surges On Upgrade"", ""Stocks Rise Despite Weak Data; Gold Futures Retake $1,400 Mark"", ""After-Hours Earnings Report for May 30, 2013 : PLL, CPRT, SPLK, LGF, GES, ESL, KKD, OVTI, UPI, QADB The following companies are expected to report earnings after hours on 05/30/2013. Visit our Earnings Calendar for a full list of expected earnings releases. Pall Corporation ( PLL ) is reporting for the quarter ending April 30, 2013. The pollution control company's consensus earnings per share forecast from the 9 analysts that follow the stock is $0.73. This value represents a 4.29% increase compared to the same quarter last year. PLL missed the consensus earnings per share in the 2nd calendar quarter of 2012 by -11.39%. Zacks Investment Research reports that the 2013 Price to Earnings ratio for PLL is 23.15 vs. an industry ratio of 7.80, implying that they will have a higher earnings growth than their competitors in the same industry. Copart, Inc. ( CPRT ) is reporting for the quarter ending April 30, 2013. The auction company's consensus earnings per share forecast from the 6 analysts that follow the stock is $0.50. This value represents a 16.28% increase compared to the same quarter last year. In the past year CPRT has met analyst expectations three times and beat the expectations the other quarter. Zacks Investment Research reports that the 2013 Price to Earnings ratio for CPRT is 23.65 vs. an industry ratio of 23.10, implying that they will have a higher earnings growth than their competitors in the same industry. Splunk Inc. ( SPLK ) is reporting for the quarter ending April 30, 2013. The internet software company's consensus earnings per share forecast from the 4 analysts that follow the stock is $-0.12. This value represents a 71.43% decrease compared to the same quarter last year. SPLK missed the consensus earnings per share in the 1st calendar quarter of 2013 by -200%. Zacks Investment Research reports that the 2014 Price to Earnings ratio for SPLK is -147.97 vs. an industry ratio of 17.90. Lions Gate Entertainment Corporation ( LGF ) is reporting for the quarter ending March 31, 2013. The movie/tv production company's consensus earnings per share forecast from the 6 analysts that follow the stock is $0.45. This value represents a 114.29% increase compared to the same quarter last year. LGF missed the consensus earnings per share in the 2nd calendar quarter of 2012 by -388.89%. Zacks Investment Research reports that the 2013 Price to Earnings ratio for LGF is 30.26 vs. an industry ratio of 23.10, implying that they will have a higher earnings growth than their competitors in the same industry. Guess?, Inc. ( GES ) is reporting for the quarter ending April 30, 2013. The textile company's consensus earnings per share forecast from the 4 analysts that follow the stock is $0.08. This value represents a 73.33% decrease compared to the same quarter last year. The \""days to cover\"" for this stock exceeds 14 days. Zacks Investment Research reports that the 2014 Price to Earnings ratio for GES is 14.88 vs. an industry ratio of 19.00. Esterline Technologies Corporation ( ESL ) is reporting for the quarter ending April 30, 2013. The aerospace and defense company's consensus earnings per share forecast from the 7 analysts that follow the stock is $1.27. This value represents a 1.55% decrease compared to the same quarter last year. In the past year ESL has beat the expectations every quarter. The highest one was in the 1st calendar quarter where they beat the consensus by 13.11%. Zacks Investment Research reports that the 2013 Price to Earnings ratio for ESL is 13.88 vs. an industry ratio of 19.00. Krispy Kreme Doughnuts, Inc. ( KKD ) is reporting for the quarter ending April 30, 2013. The restaurant company's consensus earnings per share forecast from the 3 analysts that follow the stock is $0.16. This value represents a 100.00% increase compared to the same quarter last year. In the past year KKD has met analyst expectations twice and beat the expectations the other two quarters. Zacks Investment Research reports that the 2014 Price to Earnings ratio for KKD is 23.72 vs. an industry ratio of 23.50, implying that they will have a higher earnings growth than their competitors in the same industry. OmniVision Technologies, Inc. ( OVTI ) is reporting for the quarter ending April 30, 2013. The electric company company's consensus earnings per share forecast from the 6 analysts that follow the stock is $0.09. This value represents a 80.00% increase compared to the same quarter last year. The \""days to cover\"" for this stock exceeds 13 days. Zacks Investment Research reports that the 2013 Price to Earnings ratio for OVTI is 20.92 vs. an industry ratio of 24.50. Uroplasty, Inc. ( UPI ) is reporting for the quarter ending March 31, 2013. The medical/dental supplies company's consensus earnings per share forecast from the 3 analysts that follow the stock is $-0.04. This value represents a 33.33% decrease compared to the same quarter last year. UPI missed the consensus earnings per share in the 2nd calendar quarter of 2012 by -25%. Zacks Investment Research reports that the 2013 Price to Earnings ratio for UPI is -14.67 vs. an industry ratio of 0.30. QAD Inc. ( QADB ) is reporting for the quarter ending April 30, 2013. The computer software company's consensus earnings per share forecast from the 1 analyst that follows the stock is $0.07. This value represents a 41.67% decrease compared to the same quarter last year. In the past year QADB has beat the expectations every quarter. The highest one was in the 1st calendar quarter where they beat the consensus by 8.33%. Zacks Investment Research reports that the Price to Earnings ratio for QADB is 0.00 vs. an industry ratio of 6.80. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Earnings Scheduled For May 30, 2013"", ""Stocks Extend Gains Late; Michael Kors Hits New High"", ""Stocks Up In Afternoon; 3D Systems Retakes Buy Point"", ""Stocks Hold Gains, Trade Eases; First Solar Surges On Upgrade"", ""Stocks Rise Despite Weak Data; Gold Futures Retake $1,400 Mark""]"
CPRT,2013-05-31,4.43375,4.625,4.2925,4.29875,"[""Copart Earnings Miss Estimates - Analyst Blog"", ""Stocks Fall In Late Trade; Generac Adds To Breakout"", ""Stocks End In Red As Selling Swells At The Close"", ""Copart Acquires Salvage Parent"", ""Copart, Inc. Reports Q3 EPS of $0.41 vs $0.38 Est; Revenue of $277.60M vs $281.80M Est"", ""Copart, Inc. Reports Q3 EPS of $0.41 vs $0.38 Est; Revenue of $277.60M vs $281.80M Est"", ""Copart Acquires Salvage Parent"", ""Stocks End In Red As Selling Swells At The Close"", ""Stocks Fall In Late Trade; Generac Adds To Breakout"", ""Copart Earnings Miss Estimates - Analyst Blog"", ""Copart Earnings Miss Estimates - Analyst Blog Copart, Inc. ( CPRT ) reported earnings per share of 41 cents for the fiscal 2013-third quarter ended Apr 30, 2013, down 4.7% from 43 cents in the corresponding quarter last year. The EPS missed the Zacks Consensus Estimate by 9 cents. The decline in year-over-year earnings was due to higher costs associated with hurricane Sandy and expansion in the international market. Net income declined 4% to $53.2 million from $55.5 million in the year-ago quarter. The company's revenues went up 13.7% to $277.6 million in the quarter, missing the Zacks Consensus Estimate of $281.0 million. Service revenues augmented 11.9% to $224.0 million and revenues from vehicles sale went up 22.1% to $53.7 million. Gross profits increased marginally to $115.6 million (41.6% of sales) from $115.3 million (or 47.2%) in the year-ago quarter. General and administrative expenses went up 21.8% to $28.8 million from $23.6 million in the year-ago quarter. The increase in expense was due to non-capitalized costs associated with the implementation of ERP system together with costs associated with the outsourcing of network infrastructure and technical support functions, which totaled $1.7 million. Cost associated with expansion in the international market totaled $1.4 million. Consequently, operating income dropped 5.8% to $82.8 million from $87.9 million recorded in the third quarter of fiscal 2012. Operating margin was 29.8% compared with 36% in the year-ago quarter. Financial Details Copart had cash and cash equivalents of $139.3 million as of Apr 30, 2013 versus $140.1 million as of Jul 31, 2012. Total debt and capital lease obligations amounted to $390.2 million as of Apr 30, 2013 compared with $444.1 million as of Jul 31, 2012. During the first nine months of fiscal 2013, the company generated net cash flow of $183.0 million from operations compared with $197.0 million in the same period a year ago. Capital spending was $140.0 million compared with $27.1 million in the first nine months of fiscal 2012. Acquisition Copart recently announced the acquisition of Salvage Parent, Inc., which operates mainly as Quad City Salvage Auction, Crashed Toys, and Desert View Auto Auction. This business operates in 39 locations in 14 states. Our Take Copart is a prominent player in the online auctions and vehicle remarketing services in the U.S., Canada, U.K. and U.A.E. along with Sotheby's ( BID ), Ritchie Bros. Auctioneers Incorporated ( RBA ) and Liquidity Services, Inc. ( LQDT ). The company provides a wide range of remarketing services to vehicle suppliers, primarily insurance companies, to process and sell salvage vehicles mainly over the Internet through the company's Virtual Bidding Internet auction-style sales technology. Currently, shares of the company retain a Zacks Rank #4 (Sell). SOTHEBYS (BID): Free Stock Analysis Report COPART INC (CPRT): Free Stock Analysis Report LIQUIDITY SVCS (LQDT): Free Stock Analysis Report RITCHIE BROS (RBA): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Copart, Inc. Reports Q3 EPS of $0.41 vs $0.38 Est; Revenue of $277.60M vs $281.80M Est"", ""Copart Acquires Salvage Parent"", ""Stocks End In Red As Selling Swells At The Close"", ""Stocks Fall In Late Trade; Generac Adds To Breakout"", ""Copart Earnings Miss Estimates - Analyst Blog""]"
CPRT,2013-06-03,4.3175,4.4725,4.30875,4.465,
CPRT,2013-06-04,4.465,4.48625,4.40375,4.43375,
CPRT,2013-06-05,4.415,4.43,4.33125,4.33875,
CPRT,2013-06-06,4.32875,4.36875,4.29375,4.3025,
CPRT,2013-06-07,3.90625,4.04625,3.8925,4.035,
CPRT,2013-06-10,4.04625,4.05125,3.9825,4.025,
CPRT,2013-06-11,3.985,4.03,3.93125,3.93125,
CPRT,2013-06-12,3.9425,3.965,3.8125,3.84125,
CPRT,2013-06-13,3.8375,3.93375,3.81375,3.905,
CPRT,2013-06-14,3.91375,3.945,3.88625,3.88625,
CPRT,2013-06-17,3.90625,3.9625,3.905,3.94625,
CPRT,2013-06-18,3.94875,3.99,3.92875,3.9875,
CPRT,2013-06-19,3.975,3.995,3.94625,3.94875,
CPRT,2013-06-20,3.91125,3.94,3.868,3.88875,
CPRT,2013-06-21,3.90375,3.9375,3.83875,3.8625,
CPRT,2013-06-24,3.835,3.85375,3.7675,3.7675,
CPRT,2013-06-25,3.80125,3.81125,3.76375,3.79,
CPRT,2013-06-26,3.825,3.84375,3.77875,3.80375,
CPRT,2013-06-27,3.81625,3.86,3.8125,3.85125,
CPRT,2013-06-28,3.8325,3.8875,3.81875,3.85,
CPRT,2013-07-01,3.8625,3.91375,3.8625,3.91125,
CPRT,2013-07-02,3.91875,3.96625,3.91125,3.92125,
CPRT,2013-07-03,3.9725,3.9725,3.8975,3.9225,"[""Barrington Research Upgrades Copart, Inc. to Outperform"", ""Barrington Research Upgrades Copart, Inc. to Outperform"", ""Barrington Research Upgrades Copart, Inc. to Outperform""]"
CPRT,2013-07-05,3.9525,3.9975,3.94,3.995,
CPRT,2013-07-08,4.0,4.0295,3.9925,4.005,
CPRT,2013-07-09,4.02,4.04375,4.007,4.01625,
CPRT,2013-07-10,4.00625,4.025,3.955,3.9775,
CPRT,2013-07-11,4.0,4.02125,3.975,4.01875,
CPRT,2013-07-12,4.01625,4.05375,4.015,4.04875,
CPRT,2013-07-15,4.04875,4.08625,4.03125,4.0625,
CPRT,2013-07-16,4.0775,4.08,3.97375,3.98125,
CPRT,2013-07-17,4.0575,4.0975,3.96375,4.0975,
CPRT,2013-07-18,4.105,4.11625,4.0625,4.0675,
CPRT,2013-07-19,4.035,4.10375,4.03375,4.05875,
CPRT,2013-07-22,4.05625,4.08875,4.04125,4.08,
CPRT,2013-07-23,4.09375,4.09375,4.035,4.06375,
CPRT,2013-07-24,4.08,4.1145,4.03875,4.04375,
CPRT,2013-07-25,4.025,4.08125,4.01,4.0475,
CPRT,2013-07-26,4.02625,4.05125,4.015,4.0475,
CPRT,2013-07-29,4.04375,4.0515,4.0075,4.025,
CPRT,2013-07-30,4.0475,4.0705,4.02125,4.06625,
CPRT,2013-07-31,4.07125,4.12,4.0625,4.06375,"[""How to Frame an Investment Problem"", ""How to Frame an Investment Problem"", ""How to Frame an Investment Problem""]"
CPRT,2013-08-01,4.10125,4.19625,4.0705,4.15,
CPRT,2013-08-02,4.15,4.165,4.10375,4.15125,
CPRT,2013-08-05,4.1375,4.1625,4.12625,4.14875,
CPRT,2013-08-06,4.13,4.145,4.095,4.1,
CPRT,2013-08-07,4.0825,4.11625,4.04625,4.0625,
CPRT,2013-08-08,4.0825,4.12625,4.07375,4.09875,
CPRT,2013-08-09,4.08375,4.13,4.08375,4.125,
CPRT,2013-08-12,4.0975,4.1625,4.0975,4.1475,
CPRT,2013-08-13,4.155,4.17375,4.1275,4.16125,
CPRT,2013-08-14,4.15125,4.155,4.10375,4.14,
CPRT,2013-08-15,4.085,4.125,4.05125,4.07,
CPRT,2013-08-16,4.07125,4.09,4.03625,4.05625,
CPRT,2013-08-19,4.0525,4.077,4.02375,4.05375,
CPRT,2013-08-20,4.08125,4.09875,4.04375,4.09,
CPRT,2013-08-21,4.07,4.09375,4.0575,4.0675,
CPRT,2013-08-22,4.07125,4.12875,4.05875,4.12125,
CPRT,2013-08-23,4.1325,4.1325,4.0625,4.08875,
CPRT,2013-08-26,4.085,4.1375,4.085,4.09375,
CPRT,2013-08-27,4.0575,4.08625,4.00875,4.01875,
CPRT,2013-08-28,4.02125,4.04125,3.995,4.02125,
CPRT,2013-08-29,4.0125,4.06625,4.0125,4.025,
CPRT,2013-08-30,4.0325,4.05,3.96375,3.97125,
CPRT,2013-09-03,4.015,4.045,3.93125,3.97875,
CPRT,2013-09-04,3.97625,4.0225,3.97625,4.01125,
CPRT,2013-09-05,4.0225,4.04625,3.99125,3.995,
CPRT,2013-09-06,4.01875,4.05875,3.9825,4.04125,
CPRT,2013-09-09,4.04375,4.12,4.04125,4.11625,
CPRT,2013-09-10,4.1525,4.2225,4.14,4.1775,
CPRT,2013-09-11,4.1625,4.1975,4.15,4.16125,
CPRT,2013-09-12,4.17125,4.19625,4.1525,4.1725,
CPRT,2013-09-13,4.16,4.2025,4.15125,4.17125,
CPRT,2013-09-16,4.21875,4.225,4.1555,4.16,
CPRT,2013-09-17,4.16,4.2075,4.16,4.20625,
CPRT,2013-09-18,4.19,4.216,4.1525,4.18625,
CPRT,2013-09-19,4.2025,4.26375,4.1875,4.25125,
CPRT,2013-09-20,4.26,4.28,4.19875,4.21875,
CPRT,2013-09-23,4.305,4.33625,4.2515,4.2925,"[""Benzinga's Volume Movers"", ""Copart Shares Rally 2+% Following Baird's Upgrade to Outperform"", ""Copart Shares Rally 2+% Following Baird's Upgrade to Outperform"", ""Benzinga's Volume Movers"", ""Copart Shares Rally 2+% Following Baird's Upgrade to Outperform"", ""Benzinga's Volume Movers""]"
CPRT,2013-09-24,4.2975,4.33875,4.255,4.26125,"[""Earnings Scheduled For September 24, 2013"", ""Copart, Inc. Reports Q4 GAAP EPS of $0.32 Which May Not Compare $0.40 Est; Revenue of $263.70M Which May Not Compare $262.18M Est"", ""Copart Says Board Has Decided Not to Pursue REIT Conversion at This Time"", ""Copart Says Board Has Decided Not to Pursue REIT Conversion at This Time"", ""Copart, Inc. Reports Q4 GAAP EPS of $0.32 Which May Not Compare $0.40 Est; Revenue of $263.70M Which May Not Compare $262.18M Est"", ""Earnings Scheduled For September 24, 2013"", ""Trade the Earnings: Copart Inc. Earnings Release Date: 09/24/2013 Time: After-hours Avg. Extended-Hours Dollar Volume: $73,086,102 Earnings Sensitivity (up or down): 3.4% Copart Inc. ( CPRT ) is due to issue its quarterly earnings report after the close today. Given its history, traders can expect very active trading in the upcoming After-hours session immediately following the company's release of its quarterly earnings. An analysis of historical premarket and after-hours trading activity and liquidity conditions in CPRT following an earnings release indicates that the price change in the extended hours is likely to be of significant value in forecasting additional price movement in the following regular session. Analysts at MidnightTrader have tracked how CPRT's stock price has reacted to quarterly earnings events the past both in the after-hours and following regular session. The result of that study is below. Over the last year, when shares of CPRT rose in the extended-hours in reaction to its earnings announcement, there is limited evidence to suggest a follow-through in the same direction the next day. Over the last year, when shares of CPRT dropped in the extended-hours in reaction to its earnings announcement, there is limited evidence to suggest a follow-through in the same direction the next day. Our analysis of over a decade of company specific earnings related news and price data on over 5,000 US companies demonstrates that earnings event related trading opportunities can exist for those trading in the after-hours and premarket sessions. Certain stocks demonstrate a historical tendency to either underprice or overreact to earnings news in the extended-hours (the time when companies typically release earnings) relative to the following regular session close. This report was created using historical data and analysis provided by the Midnight Trader Pro service at MidnightTrader.com. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. Copyright (C) 2016 MTNewswires.com. All rights reserved. Unauthorized reproduction is strictly prohibited. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""After-Hours Earnings Report for September 24, 2013 : CPRT, ASNA, AIR, LNDC The following companies are expected to report earnings after hours on 09/24/2013. Visit our Earnings Calendar for a full list of expected earnings releases. Copart, Inc. ( CPRT ) is reporting for the quarter ending July 31, 2013. The auction company's consensus earnings per share forecast from the 6 analysts that follow the stock is $0.40. This value represents a 14.29% increase compared to the same quarter last year. CPRT missed the consensus earnings per share in the 2nd calendar quarter of 2013 by -18%. Zacks Investment Research reports that the 2013 Price to Earnings ratio for CPRT is 22.89 vs. an industry ratio of 24.10. Ascena Retail Group, Inc. ( ASNA ) is reporting for the quarter ending July 31, 2013. The retail (shoe) company's consensus earnings per share forecast from the 7 analysts that follow the stock is $0.21. This value represents a 32.26% decrease compared to the same quarter last year. ASNA missed the consensus earnings per share in the 2nd calendar quarter of 2013 by -16.13%. Zacks Investment Research reports that the 2013 Price to Earnings ratio for ASNA is 15.58 vs. an industry ratio of 12.90, implying that they will have a higher earnings growth than their competitors in the same industry. AAR Corp. ( AIR ) is reporting for the quarter ending August 31, 2013. The aerospace and defense company's consensus earnings per share forecast from the 3 analysts that follow the stock is $0.44. This value represents a 2.22% decrease compared to the same quarter last year. In the past year AIR has beat the expectations every quarter. The highest one was in the 2nd calendar quarter where they beat the consensus by 13.64%. Zacks Investment Research reports that the 2014 Price to Earnings ratio for AIR is 14.58 vs. an industry ratio of 37.10. Landec Corporation ( LNDC ) is reporting for the quarter ending August 31, 2013. The plastics company's consensus earnings per share forecast from the 3 analysts that follow the stock is $0.23. This value represents a 130.00% increase compared to the same quarter last year. In the past year LNDC has met analyst expectations once and beat the expectations the other three quarters. The \""days to cover\"" for this stock exceeds 10 days. Zacks Investment Research reports that the 2014 Price to Earnings ratio for LNDC is 15.34 vs. an industry ratio of 39.70. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Copart Says Board Has Decided Not to Pursue REIT Conversion at This Time"", ""Copart, Inc. Reports Q4 GAAP EPS of $0.32 Which May Not Compare $0.40 Est; Revenue of $263.70M Which May Not Compare $262.18M Est"", ""Earnings Scheduled For September 24, 2013""]"
CPRT,2013-09-25,3.9675,4.02375,3.81125,3.8825,"[""Copart Misses Earnings, Beats Revenues - Analyst Blog"", ""Stock Futures Flat To Lower; Facebook, Ascena On The Rise"", ""PreMarket Info Recap for September 25, 2013: A Little Bit of Sell-Off"", ""PreMarket Info Recap for September 25, 2013: A Little Bit of Sell-Off"", ""Stock Futures Flat To Lower; Facebook, Ascena On The Rise"", ""Copart Misses Earnings, Beats Revenues - Analyst Blog"", ""Copart Misses Earnings, Beats Revenues - Analyst Blog Copart, Inc. ( CPRT ) reported earnings per share (EPS) of 32 cents for fiscal fourth quarter 2013 ended Jul 31, 2013, down 8.6% from 35 cents in the corresponding quarter last year. The EPS missed the Zacks Consensus Estimate by 8 cents. Net income declined 8% to $41.3 million from $44.9 million in the year-ago quarter. Copart's revenues went up 16.4% to $263.7 million in the quarter, beating the Zacks Consensus Estimate of $262 million. Revenues benefited from the acquisition of Salvage Parent, Inc., which operates mainly as Quad City Salvage Auction (QCSA), Crashed Toys, and Desert View Auto Auction. The acquisition closed on May 2013 and contributed $11.2 million to the revenues. Service revenues augmented 13.9% to $213.6 million and revenues from vehicles sale went up 28.2% to $50.1 million. Gross margins increased 3.7% to $103.1 million (39.1% of sales) from $99.4 million (or 43.9%) in the year-ago quarter. General and administrative expenses went up 35.5% to $35.8 million from $26.4 million in the year-ago quarter. The increase in expense was partly due to the $13.7 million operational, general and administrative and deal-specific costs related to the QCSA acquisition. Meanwhile, the company expects that this acquisition will have favorable impacts on the operating margin from the third quarter of fiscal year 2014. Operating income dropped 9.3% to $63.1 million from $69.5 million recorded in the fourth quarter of fiscal 2012. Operating margin was 23.9% compared with 30.7% in the year-ago quarter. Fiscal 2013 Copart reported earnings per share of $1.39 for fiscal 2013, which was in line with last year, but missed the Zacks Consensus Estimate of $1.50. Net income declined 1.2% to $180 million from $182.1 million in the year-ago quarter. The company's revenues went up 13.2% to $1 billion in fiscal 2013 from $924.2 million a year ago. Financial Details Copart had cash and cash equivalents of $63.6 million as of Jul 31, 2013 versus $140.1 million as of Jul 31, 2012. Total debt and capital lease obligations amounted to $372.5 million as of Jul 31, 2013 compared with $444.1 million as of Jul 31, 2012. During fiscal 2013, the company generated net cash flow of $199.3 million from operations compared with $229.7 million in the same period a year ago. Capital spending was $208 million compared with $48.1 million in fiscal 2012. Our Take Copart is a prominent player in the online auctions and vehicle remarketing services in the U.S., Canada, U.K. and U.A.E. along with Sotheby's ( BID ), Ritchie Bros. Auctioneers Incorporated ( RBA ) and Liquidity Services, Inc. ( LQDT ). The company provides a wide range of remarketing services to vehicle suppliers, primarily insurance companies, to process and sell salvage vehicles mainly over the Internet through the company's Virtual Bidding Internet auction-style sales technology. Currently, shares of the company retain a Zacks Rank #2 (Buy). SOTHEBYS (BID): Free Stock Analysis Report COPART INC (CPRT): Free Stock Analysis Report LIQUIDITY SVCS (LQDT): Free Stock Analysis Report RITCHIE BROS (RBA): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""PreMarket Info Recap for September 25, 2013: A Little Bit of Sell-Off"", ""Stock Futures Flat To Lower; Facebook, Ascena On The Rise"", ""Copart Misses Earnings, Beats Revenues - Analyst Blog""]"
CPRT,2013-09-26,3.87875,3.905,3.8125,3.87375,"[""Company News for September 26, 2013 - Corporate Summary"", ""CJS Securities Upgrades Copart, Inc. to Market Outperform, Raises PT to $40.00"", ""CJS Securities Upgrades Copart, Inc. to Market Outperform, Raises PT to $40.00"", ""Company News for September 26, 2013 - Corporate Summary"", ""Company News for September 26, 2013 - Corporate Summary \u2022 Shares of JPMorgan Chase & Co (NYSE: JPM ) declined 2.7% after media reports said it is in negotiations with federal and state governments to settle mortgage investigations for $11 billion \u2022 Copart, Inc. (Nasdaq: CPRT ) reported fourth quarter earnings per share of $0.32, below the Zacks Consensus Estimate of $0.40 \u2022 CarMax, Inc. (NYSE: KMX ) reported second quarter earnings per share of $0.62, beating the Zacks Consensus Estimate of $0.57 \u2022 Ascena Retail Group Inc (Nasdaq: ASNA ) reported fourth quarter earnings per share of $0.34, beating the Zacks Consensus Estimate of $0.21 ASCENA RETAIL (ASNA): Free Stock Analysis Report COPART INC (CPRT): Free Stock Analysis Report JPMORGAN CHASE (JPM): Free Stock Analysis Report CARMAX GP (CC) (KMX): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""CJS Securities Upgrades Copart, Inc. to Market Outperform, Raises PT to $40.00"", ""Company News for September 26, 2013 - Corporate Summary""]"
CPRT,2013-09-27,3.84125,3.925,3.815,3.87375,
CPRT,2013-09-30,3.83875,3.995,3.7975,3.97375,"[""Zacks #5 Rank Additions for Monday - Tale of the Tape"", ""Zacks #5 Rank Additions for Monday - Tale of the Tape"", ""Zacks #5 Rank Additions for Monday - Tale of the Tape Here are 5 stocks added to the Zacks #5 Rank (\""strong sell\"") List today: AsiaInfo-Linkage, Inc. ( ASIA ) Berry Plastics Group Inc. ( BERY ) BioScrip Inc. ( BIOS ) BJ's Restaurants, Inc. ( BJRI ) Copart, Inc. ( CPRT ) View the entire Zacks #5 Rank List . ASIAINFO-LINKAG (ASIA): Free Stock Analysis Report BERRY PLASTICS (BERY): Free Stock Analysis Report BIOSCRIP INC (BIOS): Free Stock Analysis Report BJ'S RESTAURANT (BJRI): Free Stock Analysis Report COPART INC (CPRT): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Zacks #5 Rank Additions for Monday - Tale of the Tape""]"
CPRT,2013-10-01,3.985,4.105,3.95625,4.10125,"[""Weatherford, Copart And Others Insiders Have Been Buying (AYR, CPRT, OPK, WFT)"", ""Weatherford, Copart And Others Insiders Have Been Buying (AYR, CPRT, OPK, WFT)"", ""Insiders at Copart and The Marcus Corporation Buy Shares While Masonite International Sees a Sale Welcome to our daily roundup of top insider trades. Here's a look at the most significant inside sales and purchases filed with the SEC on Monday, September 30, 2013. Notable Purchases: Willis Johnson, Founder and Chairman of online auctions and vehicle remarketing services company Copart ( CPRT ), bought 227,900 shares of company stock for $7,055,737. Philip Milstein, a director at movie theater, hotel, and resort company The Marcus Corporation ( MCS ), bought 28,481 shares of company stock for $374,098. Notable Sales: Centerbridge Credit GP Investors sold 1,012,500 shares of door designer and manufacturer Masonite International Corp ( DOOR ) for $51,212,488. Liam Ratcliffe, a director at small molecule drug development company Array Biopharma ( ARRY ), sold 1,125,728 shares of company stock for $6,749,722. For more insider trading, see the charts below. Source: InsiderInsights.com | Key to Insider Title and Trans Type Codes An important note from Jonathan Moreland, founder of Insider Insights : In a victory for common sense, it has been proven profitable -- by both academic studies and (more importantly) the experience of your fellow professional investors -- to monitor the trading behavior of company executives, directors, and large shareholders in the stocks of firms of which they're registered as \""insiders.\"" Please note, however, that the lists above are strictly factual; they are not buy and sell recommendations. Dollar value is only one metric to assess the importance of an insider transaction, and, frankly, often not even the most important metric that determines if an insider transaction is significant. At InsiderInsights.com, we find new investment ideas just about every day using these and more intricate insider screens to determine where we should focus our subsequent fundamental and technical analysis. And while stocks don't (or shouldn't) move up or down based on insider activity alone, insiders tend to be good indicators of when real stock-moving events like earnings surprises, corporate actions, and new products may be in the offing. Jonathan Moreland is also the author of \"" Profit From Legal Insider Trading.\"" The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Weatherford, Copart And Others Insiders Have Been Buying (AYR, CPRT, OPK, WFT)""]"
CPRT,2013-10-02,4.0475,4.14625,4.015,4.145,
CPRT,2013-10-03,4.1475,4.1875,4.1225,4.1375,
CPRT,2013-10-04,4.12875,4.15625,4.12625,4.13375,"[""Top Insider Buys of the Week"", ""Top Insider Buys of the Week"", ""Top Insider Buys of the Week The past week was rather quiet in the world of insider buying. There were several companies reporting smaller insider buys along some large insider sells. The following insiders reported the largest insider buys over the past week. These transactions were judged based on the number of insiders buying, transaction amount and the amount of shares being purchased. Copart ( CPRT ) Chairman of the Board of Copart, Willis Johnson, made the largest insider buy this week. The chairman bought a total of 405,400 shares at an average price of $31.63 per share. This transaction cost Johnson a total of $12,822,802. Since his buy, the price per share is up 5.18%. Willis now holds on to over 3.68 million shares of company stock. Willis also made a notable buy at the end of Sept. The chairman bought 227,900 shares at $30.96 per share. The price per share is now up 7.46%. Insider buying has increased in Copart as its price has dropped slightly from its 10-year high price. Copart provides vehicle sellers with a full range of services to process and sell vehicles over the Internet through its Virtual Bidding Second Generation Internet auction-style sales technology, which it refers to as VB2. Vehicle sellers consist primarily of insurance companies, but also include banks and financial institutions, charities, car dealerships, fleet operators and vehicle rental companies. Copart's historical revenue and net income: The analysis on Copart reports that the company has shown predictable revenue and earnings growth, its P/B ratio is close to a 2-year low and its P/S ratio is nearing a 1-year low. The Peter Lynch Chart suggests that the company is currently overvalued : This insider buy comes as the price is sitting near its all-time high. UniFirst Corporation, together with its subsidiaries, is a provider of workplace uniforms and protective work wear clothing in the United States. UniFirst's historical revenue and net income: The analysis on UniFirst Corporation reports that the company's operating margin is expanding, its dividend yield is near a 10-year low and its price is near a 10-year high. The company's P/B and P/S ratios are at 10-year highs. The Peter Lynch Chart suggests that the company is currently overvalued : UniFirst Corp. has a market cap of $2.03 billion. Its shares are currently trading at around $101.33 with a P/E ratio of 18.30, a P/S ratio of 1.50 and a P/B ratio of 2.10. The company had an annual average earnings growth of 13.7% over the past ten years. GuruFocus rated UniFirst the business predictability rank of 4.5-star Pulaski Financial ( PULB ) Over the past week there were three different directors making buys into Pulaski Financial. These buys came as the price is inching back towards its 5-year high. Leon Felman bought 1,977 shares at $10.12 per share. This transaction cost the director a total of $20,007.24. Since his buy, the price per share is up 4.55%. Felman now holds on to 928,459 shares of company stock. Director Sharon Tucker added 989 shares to her stake. She also paid $10.12 per share for a total of $10,008.68. Since her buy, the price per share is up about 4.55%. Tucker now holds on to 7,965 shares of company stock. Lastly, Stanley Bradshaw bought a total of 3,147 shares. He bought these shares at an average price of $10.31 per share for a transaction amount of $32.455.01. Since his buy, the price per share has increased 2.62%. Bradshaw now holds on to at least 229,868 shares of company stock. Pulaski Financial Corporation is the holding company for Pulaski Bank. Pulaski Bank provides an array of financial products and services for businesses and retail customers mainly through its thirteen full-service offices in the St. Louis metropolitan area. Pulaski Financial's historical revenue and net income: The analysis of Pulaski Financial reports that the price is nearing a 5-year high, its dividend yield is nearing a 5-year low and its P/S ratio is nearing a 3-year high. The Peter Lynch Chart suggests that the company is currently undervalued : Pulaski Financial has a market cap of $120.7 million. Its shares are currently trading at around $10.58 with a P/E ratio of 8.90, a P/S ratio of 1.80 and a P/B ratio of 1.20. The dividend yield for the company is 3.60%. Pulaski had an annual average earnings growth of 27.8% over the past five years. You can view acomplete list of CEO buys and sellshere. Try a free 7-day premium membership. About GuruFocus: GuruFocus.com tracks the stocks picks and portfolio holdings of the world's best investors. This value investing site offers stock screeners and valuation tools. And publishes daily articles tracking the latest moves of the world's best investors. GuruFocus also provides promising stock ideas in 3 monthly newsletters sent to Premium Members . The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Top Insider Buys of the Week""]"
CPRT,2013-10-07,4.1075,4.14625,4.06375,4.065,
CPRT,2013-10-08,4.07375,4.07375,3.9925,4.00375,
CPRT,2013-10-09,4.0425,4.0425,3.98625,3.99875,
CPRT,2013-10-10,4.04625,4.08625,4.0225,4.04875,
CPRT,2013-10-11,4.05,4.0725,4.01875,4.0725,
CPRT,2013-10-14,4.06125,4.1225,4.06125,4.10875,
CPRT,2013-10-15,4.1075,4.1225,4.04125,4.04875,
CPRT,2013-10-16,4.0625,4.11125,4.05375,4.06125,
CPRT,2013-10-17,4.05625,4.0825,4.04375,4.08,
CPRT,2013-10-18,4.095,4.1125,4.05375,4.0675,
CPRT,2013-10-21,4.0775,4.10625,4.07,4.10625,
CPRT,2013-10-22,4.1225,4.13875,4.0775,4.08625,
CPRT,2013-10-23,4.0825,4.08375,4.025,4.0425,
CPRT,2013-10-24,4.0575,4.06875,4.02625,4.05625,
CPRT,2013-10-25,4.05125,4.08375,4.02375,4.08375,
CPRT,2013-10-28,4.08375,4.105,4.0575,4.08625,
CPRT,2013-10-29,4.1025,4.11625,4.07125,4.1,
CPRT,2013-10-30,4.095,4.1075,4.04125,4.04125,
CPRT,2013-10-31,4.05,4.06125,4.005,4.02875,
CPRT,2013-11-01,4.04125,4.0575,3.995,4.00125,
CPRT,2013-11-04,4.005,4.04875,3.99,4.02125,
CPRT,2013-11-05,4.0125,4.02125,3.9475,3.95125,
CPRT,2013-11-06,3.96125,4.0225,3.94,3.98,"[""Copart Acquires Berpa Auto Auction"", ""Copart Acquires Berpa Auto Auction"", ""Copart Acquires Berpa Auto Auction""]"
CPRT,2013-11-07,3.99,4.0,3.895,3.895,
CPRT,2013-11-08,3.90125,3.94125,3.885,3.90375,"[""Copart Rises on Berpa Auto Takeover - Analyst Blog"", ""Copart Rises on Berpa Auto Takeover - Analyst Blog"", ""Copart Rises on Berpa Auto Takeover - Analyst Blog Shares of Copart, Inc. ( CPRT ) gained 1.8% to reach $32.18 on Nov 6, 2013, before inching down to close at $31.84. The uptick in share price followed the company's acquisition of Canada-based Berpa Auto Auction Inc, a privately held automotive auction. The financial terms of the deal were not divulged by Copart. The acquisition will support Copart's efforts to establish a network of locations in Canada. Berpa Auto, situated in Montreal, will be Copart's first eastern Canada location. The company has facilities in central and western Canada in the provinces of Ontario and Alberta, respectively. Copart is extending its reach to other areas as well. In Jun 2013, the company expanded in Spain with the takeover of Autoresiduos S.L., a salvage valuation and marketing platform that focuses on insurance markets. In May 2013, Copart acquired Salvage Parent, Inc., which has operations in 39 locations in 14 U.S. states. Copart reported earnings per share (EPS) of 32 cents for fourth-quarter fiscal 2013 (ended Jul 31, 2013), down 8.6% from 35 cents in the corresponding quarter last year. The EPS missed the Zacks Consensus Estimate by 8 cents. Net income declined 8% to $41.3 million from $44.9 million in the year-ago quarter. Copart's revenues rose 16.4% to $263.7 million in the quarter, beating the Zacks Consensus Estimate of $262 million. The Salvage Parent, Inc. acquisition aided revenues by $11.2 million. Copart is a prominent player in the online auctions and vehicle remarketing services market in the U.S., Canada, U.K. and U.A.E. along with Sotheby's ( BID ), Ritchie Bros. Auctioneers Inc. ( RBA ) and Liquidity Services, Inc. ( LQDT ). The company provides a wide range of remarketing services to vehicle suppliers, primarily insurance companies, to process and sell salvage vehicles mainly over the Internet through the company's Virtual Bidding Internet auction-style sales technology. Currently, the company retains a Zacks Rank #5 (Strong Sell). SOTHEBYS (BID): Free Stock Analysis Report COPART INC (CPRT): Free Stock Analysis Report LIQUIDITY SVCS (LQDT): Free Stock Analysis Report RITCHIE BROS (RBA): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Copart Rises on Berpa Auto Takeover - Analyst Blog""]"
CPRT,2013-11-11,3.9025,3.95375,3.90125,3.93625,
CPRT,2013-11-12,3.92125,3.95625,3.92,3.945,
CPRT,2013-11-13,3.9275,3.98625,3.90875,3.95,"[""Tom Gayner Reports 5 Stock Buys in Quarter 3"", ""Tom Gayner Reports 5 Quarter Three Buys"", ""Tom Gayner Reports 5 Quarter Three Buys"", ""Tom Gayner Reports 5 Stock Buys in Quarter 3"", ""Tom Gayner Reports 5 Quarter Three Buys"", ""Tom Gayner Reports 5 Stock Buys in Quarter 3""]"
CPRT,2013-11-14,3.95625,4.02375,3.9475,4.0025,"[""13F from Barry Rosenstein's JANA Partners Just Out, Fund Showing Raised Stakes in Charter, Safeway, Lowered Stakes in Agrium, Copart, Verisign"", ""13F from Barry Rosenstein's JANA Partners Just Out, Fund Showing Raised Stakes in Charter, Safeway, Lowered Stakes in Agrium, Copart, Verisign"", ""13F from Barry Rosenstein's JANA Partners Just Out, Fund Showing Raised Stakes in Charter, Safeway, Lowered Stakes in Agrium, Copart, Verisign""]"
CPRT,2013-11-15,4.00125,4.10375,3.99125,4.0675,
CPRT,2013-11-18,4.0675,4.13375,4.0525,4.12375,
CPRT,2013-11-19,4.1125,4.145,4.055,4.065,
CPRT,2013-11-20,4.06625,4.09875,4.05875,4.0725,
CPRT,2013-11-21,4.1025,4.1125,4.06375,4.1075,"[""Business Services Stock Outlook - Nov 2013 - Industry Outlook"", ""Business Services Stock Outlook - Nov 2013 - Zacks Analyst Interviews"", ""Business Services Stock Outlook - Nov 2013 - Industry Outlook"", ""Business Services Stock Outlook - Nov 2013 - Zacks Analyst Interviews"", ""Business Services Stock Outlook - Nov 2013 - Industry Outlook"", ""Business Services Stock Outlook - Nov 2013 - Zacks Analyst Interviews""]"
CPRT,2013-11-22,4.1075,4.12125,4.08875,4.105,
CPRT,2013-11-25,4.09875,4.11125,4.05,4.0625,"[""Stocks To Watch For November 25, 2013"", ""Earnings Scheduled For November 25, 2013"", ""Earnings Scheduled For November 25, 2013"", ""Stocks To Watch For November 25, 2013"", ""Earnings Reaction History: Copart Inc., 50.0% Follow-Through Indicator, 3.8% Sensitive Expected Earnings Release: 11/25/2013, After-hours Avg. Extended-Hours Dollar Volume: $1,465,267 Copart Inc. ( CPRT ) is due to issue its quarterly earnings report in the upcoming extended-hours session. Given its history, traders can expect light trading in the issue immediately following its quarterly earnings announcement. Historical earnings event related premarket and after-hours trading activity in CPRT indicates that the price change in the extended hours is likely to be of limited value in forecasting additional price movement by the following regular session close. Last 12 Qtrs Positive Only Price Reactions Percent of time added to extended-hours gains: 100% Average next regular session additional gain: 0.6% Over the prior three fiscal years (12 quarters), when shares of CPRT rose in the extended-hours session in reaction to its earnings announcement, history shows that 100.0% of the time (1 event) the stock posted additional gains in the following regular session by an average of 0.6%. Last 12 Qtrs Negative Only Price Reactions Percent of time added to extended-hours losses: 33.3% Average next regular session additional loss: 3.9% Over that same historical period, when shares of CPRT dropped in the extended-hours in reaction to its earnings announcement, history shows that 33.3% of the time (1 event) the stock dropped further, adding to the extended-hours losses by an average of 3.9% by the following regular session close. Data provided by the MT Pro service at MTNewswires.com. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. Copyright (C) 2016 MTNewswires.com. All rights reserved. Unauthorized reproduction is strictly prohibited. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""After-Hours Earnings Report for November 25, 2013 : NUAN, WDAY, CPRT, PANW, FSC, DY, VNET, PWRD, CFI The following companies are expected to report earnings after hours on 11/25/2013. Visit our Earnings Calendar for a full list of expected earnings releases. Nuance Communications, Inc. ( NUAN ) is reporting for the quarter ending September 30, 2013. The computer software company's consensus earnings per share forecast from the 5 analysts that follow the stock is $0.14. This value represents a 57.58% decrease compared to the same quarter last year. Zacks Investment Research reports that the 2013 Price to Earnings ratio for NUAN is 19.49 vs. an industry ratio of 21.40. Workday, Inc. ( WDAY ) is reporting for the quarter ending October 31, 2013. The internet software company's consensus earnings per share forecast from the 19 analysts that follow the stock is $-0.26. This value represents a 46.94% increase compared to the same quarter last year. In the past year WDAY has beat the expectations every quarter. The highest one was in the 3rd calendar quarter where they beat the consensus by 20.83%. Zacks Investment Research reports that the 2014 Price to Earnings ratio for WDAY is -80.51 vs. an industry ratio of 72.80. Copart, Inc. ( CPRT ) is reporting for the quarter ending October 31, 2013. The auction company's consensus earnings per share forecast from the 5 analysts that follow the stock is $0.33. This value represents a 8.33% decrease compared to the same quarter last year. The last two quarters CPRT had negative earnings surprises; the latest report they missed by -20%. Zacks Investment Research reports that the 2014 Price to Earnings ratio for CPRT is 20.40 vs. an industry ratio of 22.30. Palo Alto Networks, Inc. ( PANW ) is reporting for the quarter ending October 31, 2013. The communications company's consensus earnings per share forecast from the 7 analysts that follow the stock is $-0.03. This value represents a 40.00% increase compared to the same quarter last year. Zacks Investment Research reports that the 2014 Price to Earnings ratio for PANW is -647.14 vs. an industry ratio of 1.80. Fifth Street Finance Corp. ( FSC ) is reporting for the quarter ending September 30, 2013. The financial services company's consensus earnings per share forecast from the 9 analysts that follow the stock is $0.26. This value represents a 3.70% decrease compared to the same quarter last year. Zacks Investment Research reports that the 2013 Price to Earnings ratio for FSC is 9.61 vs. an industry ratio of 18.90. Dycom Industries, Inc. ( DY ) is reporting for the quarter ending October 31, 2013. The building company's consensus earnings per share forecast from the 7 analysts that follow the stock is $0.46. This value represents a 27.78% increase compared to the same quarter last year. DY missed the consensus earnings per share in the 3rd calendar quarter of 2013 by -2.22%. Zacks Investment Research reports that the 2014 Price to Earnings ratio for DY is 18.36 vs. an industry ratio of 7.20, implying that they will have a higher earnings growth than their competitors in the same industry. 21Vianet Group, Inc. ( VNET ) is reporting for the quarter ending September 30, 2013. The internet services company's consensus earnings per share forecast from the 1 analyst that follows the stock is $0.05. This value represents a 37.50% decrease compared to the same quarter last year. Zacks Investment Research reports that the 2013 Price to Earnings ratio for VNET is 90.00 vs. an industry ratio of 19.10, implying that they will have a higher earnings growth than their competitors in the same industry. Perfect World Co., Ltd. ( PWRD ) is reporting for the quarter ending September 30, 2013. The internet content company's consensus earnings per share forecast from the 3 analysts that follow the stock is $0.37. This value represents a 32.14% increase compared to the same quarter last year. Zacks Investment Research reports that the 2013 Price to Earnings ratio for PWRD is 12.25 vs. an industry ratio of 7.50, implying that they will have a higher earnings growth than their competitors in the same industry. Culp, Inc. ( CFI ) is reporting for the quarter ending October 31, 2013. The textile company's consensus earnings per share forecast from the 1 analyst that follows the stock is $0.32. This value represents a 3.23% increase compared to the same quarter last year. In the past year CFI has beat the expectations every quarter. The highest one was in the 3rd calendar quarter where they beat the consensus by 8.57%. Zacks Investment Research reports that the 2014 Price to Earnings ratio for CFI is 13.47 vs. an industry ratio of 28.60. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Earnings Scheduled For November 25, 2013"", ""Stocks To Watch For November 25, 2013""]"
CPRT,2013-11-26,4.07,4.27125,4.0375,4.23625,"[""Copart Earnings & Revs Beat Estimates - Analyst Blog"", ""BB&T Capital Upgrades Copart, Inc. to Buy"", ""BB&T Capital Upgrades Copart, Inc. to Buy"", ""Copart Earnings & Revs Beat Estimates - Analyst Blog"", ""Copart Earnings & Revs Beat Estimates - Analyst Blog Copart, Inc. ( CPRT ) reported adjusted earnings per share (EPS) of 35 cents for fiscal first quarter 2014 (ended Oct 31, 2013), down from 36 cents in the corresponding quarter last year. However, the EPS outpaced the Zacks Consensus Estimate of 33 cents. The quarter's earnings exclude severance and lease termination costs of $3.7 million due to the acquisition of Salvage Parent, Inc., which operates mainly as Quad City Salvage Auction (QCSA), Crashed Toys, and Desert View Auto Auction. The company expects that the impact of severance and lease termination costs will continue till the third quarter of 2014. The company anticipates that this acquisition will have favorable impacts on the operating margin from the third quarter of fiscal 2014. Net income (on a reported basis) amounted to $41.4 million, up 9.6% over the prior-year quarter. Copart's revenues went up 17.2% to $279.9 million in the quarter, beating the Zacks Consensus Estimate of $273 million. Revenues increased $17.2 million due to the acquisition of QCSA, which was closed in May 2013. Service revenues augmented 16% to $226.4 million and revenues from vehicles sale went up 22.5% to $53.5 million. Gross margins increased 2.3% to $107.8 million (38.5% of sales) from $105.4 million (or 44.1%) in the year-ago quarter. General and administrative expenses went up 40.7% to $38.5 million from $27.3 million in the year-ago quarter. Operating income dropped 12.6% to $65 million from $74.4 million recorded in the first quarter of fiscal 2013. Operating margin was 23.2% compared with 31.1% in the year-ago quarter. Financial Details Copart had cash and cash equivalents of $77.1 million as of Oct 31, 2013 versus $63.6 million as of Jul 31, 2013. Total debt and capital lease obligations amounted to $357.4 million as of Oct 31, 2013 compared with $372.5 million as of Jul 31, 2013. During first three months of fiscal 2014, the company generated net cash flow of $67.7 million from operations compared with $75.3 million in the same period a year ago. Capital spending was $20.7 million compared with $47.2 million in first three months of fiscal 2013. Copart is a prominent player in the online auctions and vehicle remarketing services in the U.S., Canada, U.K. and U.A.E. along with Sotheby's ( BID ), Ritchie Bros. Auctioneers Incorporated ( RBA ) and Liquidity Services, Inc. ( LQDT ). The company provides a wide range of remarketing services to vehicle suppliers, primarily insurance companies, to process and sell salvage vehicles mainly over the Internet through the company's Virtual Bidding Internet auction-style sales technology. Currently, Copart retains a Zacks Rank #4 (Sell). SOTHEBYS (BID): Free Stock Analysis Report COPART INC (CPRT): Free Stock Analysis Report LIQUIDITY SVCS (LQDT): Free Stock Analysis Report RITCHIE BROS (RBA): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""BB&T Capital Upgrades Copart, Inc. to Buy"", ""Copart Earnings & Revs Beat Estimates - Analyst Blog""]"
CPRT,2013-11-27,4.29875,4.32,4.24875,4.31375,
CPRT,2013-11-29,4.3375,4.33875,4.3025,4.30375,
CPRT,2013-12-02,4.405,4.405,4.30375,4.34125,"[""Stephens Upgraded \""Compelling\"" Copart"", ""Stephens Upgraded \""Compelling\"" Copart"", ""Stephens Upgraded \""Compelling\"" Copart""]"
CPRT,2013-12-03,4.3425,4.42125,4.3175,4.40375,
CPRT,2013-12-04,4.4,4.45,4.38625,4.4325,
CPRT,2013-12-05,4.4275,4.44125,4.3825,4.40875,
CPRT,2013-12-06,4.44375,4.47375,4.4225,4.47,
CPRT,2013-12-09,4.49375,4.5175,4.4425,4.45625,
CPRT,2013-12-10,4.44625,4.4775,4.41875,4.42,
CPRT,2013-12-11,4.43,4.4425,4.37625,4.39875,
CPRT,2013-12-12,4.37875,4.40875,4.36,4.3925,
CPRT,2013-12-13,4.42625,4.43625,4.385,4.4075,
CPRT,2013-12-16,4.415,4.45875,4.40375,4.4525,
CPRT,2013-12-17,4.45375,4.4575,4.41125,4.44,
CPRT,2013-12-18,4.45125,4.50375,4.41125,4.5025,
CPRT,2013-12-19,4.49,4.51,4.45125,4.45375,
CPRT,2013-12-20,4.4675,4.51375,4.435,4.46125,
CPRT,2013-12-23,4.475,4.515,4.45875,4.49875,
CPRT,2013-12-24,4.4875,4.5075,4.455,4.50625,
CPRT,2013-12-26,4.51,4.53125,4.4875,4.5075,
CPRT,2013-12-27,4.50875,4.5475,4.50875,4.535,
CPRT,2013-12-30,4.52625,4.57875,4.515,4.5725,
CPRT,2013-12-31,4.5725,4.6,4.55375,4.58125,
CPRT,2014-01-02,4.58125,4.60625,4.5625,4.57625,
CPRT,2014-01-03,4.58125,4.61625,4.53125,4.53875,
CPRT,2014-01-06,4.50875,4.565,4.50125,4.54,
CPRT,2014-01-07,4.525,4.55875,4.51875,4.54625,
CPRT,2014-01-08,4.55625,4.5575,4.51,4.53,
CPRT,2014-01-09,4.56,4.5625,4.485,4.5075,
CPRT,2014-01-10,4.5125,4.54,4.49125,4.53875,
CPRT,2014-01-13,4.51625,4.53125,4.455,4.475,
CPRT,2014-01-14,4.46625,4.515,4.46625,4.51375,
CPRT,2014-01-15,4.51375,4.53,4.4825,4.4975,
CPRT,2014-01-16,4.485,4.5075,4.46,4.47,
CPRT,2014-01-17,4.4675,4.485,4.45375,4.4675,
CPRT,2014-01-21,4.50125,4.52875,4.47,4.4875,
CPRT,2014-01-22,4.48375,4.5375,4.4775,4.53375,
CPRT,2014-01-23,4.505,4.5375,4.4375,4.4675,
CPRT,2014-01-24,4.4225,4.4575,4.33875,4.33875,
CPRT,2014-01-27,4.315,4.3825,4.2775,4.32,
CPRT,2014-01-28,4.3275,4.34125,4.285,4.31875,
CPRT,2014-01-29,4.2775,4.3275,4.24375,4.28125,
CPRT,2014-01-30,4.31375,4.3225,4.27375,4.3175,
CPRT,2014-01-31,4.26,4.31375,4.20325,4.285,
CPRT,2014-02-03,4.2375,4.26375,4.07375,4.08,
CPRT,2014-02-04,4.10875,4.19,4.0825,4.175,
CPRT,2014-02-05,4.16375,4.17625,4.11375,4.13625,
CPRT,2014-02-06,4.13625,4.19125,4.1225,4.1825,
CPRT,2014-02-07,4.1875,4.24125,4.175,4.23875,
CPRT,2014-02-10,4.23,4.25375,4.1945,4.2425,
CPRT,2014-02-11,4.23875,4.32375,4.23875,4.3225,
CPRT,2014-02-12,4.325,4.3575,4.3075,4.34125,"[""Tom Gayner Top 3 Picks for the Quarter"", ""Tom Gayner Top 3 Picks for the Quarter"", ""Tom Gayner Top 3 Picks for the Quarter""]"
CPRT,2014-02-13,4.31875,4.396,4.29625,4.3475,"[""Tom Gayner Buys Copart, Unilever, BlackRock, McGraw Hill Financial, Target Corp"", ""Tom Gayner Buys Copart, Unilever, BlackRock, McGraw Hill Financial, Target Corp"", ""Tom Gayner Buys Copart, Unilever, BlackRock, McGraw Hill Financial, Target Corp""]"
CPRT,2014-02-14,4.3475,4.35375,4.28,4.285,
CPRT,2014-02-18,4.28125,4.30375,4.21875,4.22625,
CPRT,2014-02-19,4.205,4.315,4.17,4.28375,
CPRT,2014-02-20,4.28125,4.32,4.2725,4.29125,
CPRT,2014-02-21,4.3075,4.35375,4.26125,4.335,
CPRT,2014-02-24,4.3525,4.44625,4.3405,4.42,
CPRT,2014-02-25,4.42625,4.44,4.35,4.40125,
CPRT,2014-02-26,4.33375,4.48625,4.23875,4.43625,"[""Copart Q2 Earnings Lag Ests, Up Y/Y - Analyst Blog"", ""Copart Q2 Earnings Lag Ests, Up Y/Y - Analyst Blog"", ""Copart Q2 Earnings Lag Ests, Up Y/Y - Analyst Blog""]"
CPRT,2014-02-27,4.45625,4.625,4.45625,4.545,
CPRT,2014-02-28,4.53625,4.5975,4.53,4.55375,
CPRT,2014-03-03,4.5325,4.55375,4.478,4.52,
CPRT,2014-03-04,4.55875,4.6075,4.55375,4.57875,
CPRT,2014-03-05,4.57,4.603,4.5375,4.5975,"[""Copart Namees Sean Eldridge as COO; Russell D. Lowy to Retire as COO Effective April 30"", ""Copart Namees Sean Eldridge as COO; Russell D. Lowy to Retire as COO Effective April 30"", ""Copart Namees Sean Eldridge as COO; Russell D. Lowy to Retire as COO Effective April 30""]"
CPRT,2014-03-06,4.60625,4.64,4.57875,4.6025,
CPRT,2014-03-07,4.645,4.645,4.58625,4.6025,
CPRT,2014-03-10,4.58875,4.6275,4.57875,4.605,
CPRT,2014-03-11,4.59375,4.61125,4.54125,4.54625,
CPRT,2014-03-12,4.525,4.55875,4.50125,4.5425,
CPRT,2014-03-13,4.55125,4.56875,4.43875,4.4525,
CPRT,2014-03-14,4.445,4.49,4.41125,4.45,
CPRT,2014-03-17,4.43625,4.50875,4.43625,4.4875,
CPRT,2014-03-18,4.49,4.53,4.48175,4.53,"[""Activist Billionaire Daniel Loeb in a Battle for Control of Sotheby's"", ""Activist Billionaire Daniel Loeb in a Battle for Control of Sotheby's"", ""Activist Billionaire Daniel Loeb in a Battle for Control of Sotheby's""]"
CPRT,2014-03-19,4.5325,4.54,4.49375,4.525,
CPRT,2014-03-20,4.5225,4.52875,4.49,4.5225,
CPRT,2014-03-21,4.5325,4.63,4.50625,4.58375,
CPRT,2014-03-24,4.60875,4.615,4.48,4.51375,"Missed Lesson Of Great Depression And Financial Crisis Blinds Economists To Bubble And Coming Recession By John Early : Federal Tax policy has a long history of influencing the economy and investments. Understanding the actual influence may be crucial to navigating the next few years. To paraphrase Upton Sinclair: The common belief is that lower marginal income tax rates lead to stronger growth. This would be an inverse relationship where the growth rate and tax rate move in opposite directions. The empirical reality differs starkly. Below we will look at logical framework of why low marginal tax rates are bad for growth and then show the empirical evidence that they are. Using this evidence we'll build regression models that have predicted long-term growth with much better accuracy than most economists. Finally, we will look at why low marginal tax rates are a bigger influence behind bubbles than low interest rates. Logical Framework Growth benefits from business owners having a low average income tax rate with a high marginal tax rate. Their average rate has to be low enough that it is worthwhile for them to run and/or fund a business. Their marginal tax rate has to be high enough they avoid taxation by building value in a business . If marginal tax rates are too low, business owners take more personal income out of business revenue, leaving a smaller portion to be spent on wages, equipment, training, research, inventory and marketing. Dollars spent on deductible items within a business have a larger growth effect than dollars pulled out as personal income. Many of the dollars pulled out may do little for growth and only serve to bid up prices of rare art works, beachfront property, gold, stocks, bonds or luxury goods. If low marginal tax rates are in place long enough the diversion of business revenue away from expenditures with a high growth effect eventually results in a Great Depression or great recession. The Empirical Case Marginal tax rates appear to have a curvilinear relationship with growth. If the top marginal rate is above or below that optimal rate, growth suffers. The chart below shows annual GDP growth from 1920 through 2013 with the top marginal tax rate leading two years. We'll examine other lead times below, but for now let's look at the lead time with the best correlation. Each point on the scatter plot (left graph) represents what growth was one year shown on vertical scale and what the tax rate was two years before on the horizontal scale. (click to enlarge) The highest point represents 18.9% growth in 1942 and a top marginal rate of 81.1% in 1940. The lowest point represents the economy shrinking 12.9% in 1932 and the top rate of 25% in 1930. The second lowest point on the chart depicts GDP shrinking 11.6% in 1946 and a 94% marginal tax rate in 1944. The green curved line is the best quadratic fit of the data. The red line is the best linear fit. This same data is shown in the time-series plot on the right. The blue line shows annual growth. The green and red lines are estimates of the influence the top rate has on growth based on the best linear and curved fits in the scatter plot. Here is a closer look at the scatter plot with a theoretical inverse correlation shown in pink. Most people seem to believe in something like the pink line. (click to enlarge) In the chart above, the red line shows a positive relationship where growth and the tax rate move in the same direction. The green line shows a positive relationship through the marginal tax rate rising into the mid 60s percentile rage. Those who are uncomfortable with this positive relationship correctly point out that correlation does not prove causation. For example, it is true that rising ice cream sales do not cause warmer temperatures. On the other hand, if there were a theory that warmer temperatures caused ice cream sales to decline (an inverse correlation) while the empirical data showed a positive correlation, the theory would be proven false. And so it is with the theoretical pink line in the chart above. Economists and others, who promote this belief that lower marginal rates lead to faster growth, never specify when the influence is supposed to occur. To get specific would make it too obvious the theory is wrong. To make the point, let's examine lots of lead times and multiple time periods. For the time period from 1920 through 2013, I have examined all the lead times from zero years (concurrent) out to fifteen. Below are two scatter plots, one with no lead time and the other with a three year lead time. (click to enlarge) Note the red linear best fit correlations have a positive slope in both charts. The best fit linear correlation was positive with every lead time up to 8 years. It was inverse for the lead times from 9 to 14 years, but not statistically significant, particularly if the tax variables outlined below are accounted for. The strongest inverse correlation had a 12 year lead time with an R-square of only 0.04. The inverse correlation is probably just an artifact of the volatility of growth from the 1920s through the 1940s. If we analyze growth from 1950 through 2013, the correlation between the top rate and annual growth is positive for every lead time from zero through 23 years. Now let's take a closer look at the correlation/influence low marginal rates had in The Great Depression and great recession. (click to enlarge) The chart above shows the correlation/influence of the top rate on growth during the 1920s and 1930s. Annual GDP growth is shown in the grey bars using the black scales. The top rate is shown in the dashed red line using the red scales. Note the red time scale is pushed forward 2 years to show the leading influence. During the 1920s, the top rate was cut in a series of steps from 73% to 24%. It was only at 24% in 1929 and then went to 25% in 1930. The top rate was at 25%, or less, for seven years. These seven years correlate with the growth from 1927 through 1933. This was the weakest 7 year period in history where GDP annualized declining 3.2% a year as symbolized in the lowest point on the black line above. In June 1932, the top tax rate went from 25% on the portion of income above $100,000 to 63% on income above $1 million. After the two year lag, GDP grew 11% in 1934. GDP and industrial production set new highs in 1936. However, non farm jobs did not fully recover until 1940. This tax increase appears to have started the recovery from the Great Depression. A few days after the tax increase, the stock market hit its depression low in early July. It rose 135% from June 1932 to July 1933 for the best 13 month period in U.S. history. Strong growth in the early 1920s corresponded with high marginal tax rates. The decline into The Great Depression followed low marginal rates. Recovery came with high marginal tax rates. Crucial to the high marginal rates being effective were high brackets that allowed business owners to have a low average tax rate if they plowed revenue back into the business. We will look more at the importance of tax brackets later. Let's go ahead and see the tax policy around the great recession. For better context the chart below starts in 1984 and looks at growth related to both the top tax rate and the capital gains rate. (click to enlarge) In thechart above the top rate (in green) leads growth by two years as in previous charts. The capital gains rate (in blue) leads growth by four years. The model (in red) combines the influences of the two tax rates. The tax rate axes are scaled so that a move up or down in the tax rate matches the move up or down in the model. Higher marginal tax rates are good for growth in the period and range covered in the chart above. The great recession started in 2007,four years after the capital gains rate was cut. The other two recessions in the chart also correspond to a cut in either the capital gain rate or top rate. The eight years from 2007 through 2014 are influenced by the top rate of 35% and the capital gains rate of 15%. The model estimates growth of 0.9% for these eight years. Bycontrast , the strongest year of growth, 1984, corresponds with a 50% top rate and a 28% capital gains rate. The bottom red line in the chart showing the estimated 7 year growth rate suggested the 2007-2013 period would grow at 0.9%. Actual growth was 1.1%. I am expecting the rate for the 7 year period ending this year to head down toward or below the 0.9% estimate. Growth volatility during a business cycle is mostly smoothed out by looking at the 7 year growth rate. The close fit between the model and 7 year growth rate implies most of the variation in long run economic growth in the last 30 years has been determined by the incentive marginal tax rates give business owners to either plow money into deductible expenditures within the enterprise to avoid taxes, or to pull it out as personal income. In other words, prosperity benefits when business owners build wealth within their business or in starting new businesses, rather than taking large personal incomes and making financial investments. The growing wealth within a business can remain untaxed until the owner takes it out as personal income, the business is sold or it gets taxed in the estate. Tax brackets play a pivotal role in balancing the incentives to build a business and avoid taxes. Top Bracket and Growth High tax brackets are the key to having a low average tax rate with a high marginal rate. For a person in the top 0.01% of society it would make a lot of difference to their average tax rate if a marginal tax rate of 60% kicked in at $200,000 or $200 million. Below we will look at what the top bracket has been, then see its positive relationship with growth and finally at how it interacts with the top rate and capital gains rate to influence growth. (click to enlarge) The chart above shows how the bracket has changed since 1920. The black line in the chart above shows the top bracket has ranged from $5 million (1936-1941) to $29,750 in 1988. In Constant 2012 dollars (green line) that range is $83.6 million to $60,000. My research suggests adjusting the bracket by per-capita GDP gives more significant results. The red line shows the top bracket this year is just under 9 times last year's per-capita GDP. The highest multiple was 8,571 in 1936 which would be the equivalent of about $450 million today. In 1965 the top bracket was cut from $400,000 to $200,000. Since 1965, the bracket has never been above 56 times per-capita GDP. Prior to that, it had never been below 118 times. The top bracket has its strongest influence on growth with a three year lead time. The next several charts will examine the difference between the high bracket era and the low bracket one. The dividing point will be 1968 to account for the 3 year lead time. The chart below shows the linear correlations between growth and the top tax bracket in the high and low tax bracket eras. (click to enlarge) Each dot in the scatter plots represents the annual growth rate one year and the top bracket as a multiple of per-capita GDP three years earlier. The strongest growth on the chart, 18.9% in 1942, corresponds with a top bracket that was 7,435 times per-capita GDP in 1939. The high bracket era scatter plot on the left has a positive sloping dark orange best fit line. The low bracket scatter plot in the middle has a positive sloping light orange best fit line. This influence on growth is also shown in the time series plot with dark and light orange lines. The high bracket era appears to have a steeper sloping best fit line, but if the low bracket scale went from zero to 10,000 rather than zero to 60, it would be obvious that the low bracket era actually has a steeper sloping best fit line. Top Rate and Growth The top tax rate has curvilinear correlations with growth in both the high and low bracket eras. The best curvilinear (quadratic) fits in the chart below suggest the growth optimizing top rate is 64% in the high bracket era and 54% in the low bracket era. (click to enlarge) In the high bracket era the highest growth corresponds with an 81% top tax rate. Conventionally, this strong growth is attributed to WWII. I have come to believe it is mainly due to the highest tax brackets in history and a favorable capital gains tax rate. The strongest growth in the low bracket era came with a top rate of 50%. While the 50% rate appears to have improved growth, it probably could have been better. In the five years the top rate was 50%, the top bracket averaged 8.7 times per-capita GDP. This low bracket pushed many of the near affluent into the arms of tax shelter salesmen. There were a lot of junk investments where uneconomic oil prospects were drilled. Office and apartment buildings were completed with no tenants ready to move in. There is not enough data to make a precise estimate, but I suspect the bracket that would give the 50% tax rate the optimal balance between a low average rate and a high marginal rate would be about 30 times per-capita GDP, or about $1.6 million based on last year's GDP. If the top rate got into the mid 60 percentile range, the optimal bracket is likely in the hundreds of millions. Capital Gains Tax Rate and Growth The capital gains tax rate like the top rate appears to have curvilinear relationships with growth where the growth optimizing capital gains rate in the high bracket period is around 54% and the low bracket's growth optimizing tax rate is around 27.5%. (click to enlarge) Unlike the top tax rate, the capital gains rate appears to differ in its lead time between the high and low bracket eras. In the High bracket period the dark blue best fit curve is based on the capital gains rate leading growth by 5 years. In the low bracket period, the light blue best fit curve is based on leading growth by 4 years. The difference in lead time may have more to do with different time periods or some other factor than with the level of the bracket. In the high bracket period the best growth, 1942, corresponds with a 39% capital gains rate, while the Great Depression was influenced by a 12.5% tax rate. In the low bracket period the best growth, in 1984, lines up with a near optimal 28% tax rate. The great recession corresponds with the 15% tax rate. The back to back recessions of 1980 and 1981-82 were influenced by the above optimal capital gains rate of 39.9%. The capital gains tax rate around 39% highlights the importance of a low average tax rate with a high marginal rate and of the tax bracket. When the top bracket was over 7000 times per-capita GDP, the rate of 39% appears to be favorable to growth. When the bracket was less than 20 times per-capita GDP this rate appears to be detrimental to growth. Combining Tax Policy Influences In the chart below the black line shows growth. The dark red line shows a regression model combining the high bracket influences of the top tax rate, the top tax bracket and the capital gains tax rate. The lighter red line show a regression model for the tax policy influences in the low bracket era. (click to enlarge) The low bracket model estimates a growth rate of 0.8% for the years 2007 through 2014. Estimated growth picks up to 1.4% for 2015 and 2016, assuming the top rate remains at 39.6% for the rest of the year. The chart below shows the 7 year growth rate and the 7 year estimate based on the high and low bracket models. (click to enlarge) I have found no other theory of what influenced long-term growth over the last 95 years that comes close to the explanatory accuracy of the above interpretation of tax policy. Bubbles It appears popular to blame the Fed and low interest rates for bubbles in asset prices, but this finger pointing does not withstand empirical analysis. The culprit is low marginal tax rates. If low interest rates caused financial bubbles, we would have had bigger bubbles in the 1950s than we have had so far in the 21st century and the biggest U.S. stock bubble of all time would have been preceded by low interest rates. The table below shows the conditions in seven year periods leading to bubbles in 1929, 2000 and 2007, as well as a control period 1950 to 1956 when interest rates were unusually low while marginal tax rates were very high and there were no bubbles to speak of. The period leading into the 90% stock decline from 1929 to 1932 had the highest interest rates in the table and the lowest marginal tax rates. The financial crisis was preceded by the second lowest marginal tax rates and fairly normal interest rates. Bubbles happen when the price of an asset is bid up well beyond the underlying intrinsic value of the asset. For stocks, this process appears to be influenced by marginal tax rates. As discussed above when marginal tax rates on personal income are low, more revenue, or even equity, is pulled out of businesses as personal income. Some of this money pulled out is then used to buy stocks,thus bidding up the price. So low marginal rates tend to weaken companies on the inside and bid up the price on the outside: practically the definition of a bubble. Low interest rates may contribute to bubble formation if marginal tax rates are low. If marginal rates are high, low interest rates more likely contribute to investment in productive capacity inside a business. While I don't have a precise measure of bubbles such that I could calculate a lead time with which marginal tax rates lead to inflated stock prices, I suspect the 15% capital gains rate in place through 2012 is still influencing stock prices into bubble territory. There are various measures such as Tobin's Q, Shiller's PE, the ratio of stock value to GDP and my PEses that all point to stocks being quite overvalued. (click to enlarge) The PEses is approaching the 2007 high and is higher than any time prior to 1997. Valuation has a strong correlation with real total returns for periods of about 15 to 20 years. While Dr. Robert Shiller popularized looking at returns over 10 year periods, the correlation is stronger with longer periods. Here is the correlation of total real S&P 500 returns over 17 year periods (black line and scales) and the inverted PEses on a log scale (red line and scales). (click to enlarge) The chart depicts that when valuation is high (red line is low using inverted red scale) that return over the next 17 years is low. Where low valuation (the red line is high on chart) leads to higher returns the next 17 years. The last point on the black line plotted at March 2014 is based on an estimate of the average closing price for the first 21 days of March. It shows a 17 year annualized real return of 4.62% from March 1997. The PEses of March 1997, 41.1, plotted directly below estimated the return would only annualize 0.1%. This is biggest underestimate on the chart. The correlation since 1960 has been very strong, but in the last two years, the 17 year return has held up in the 4% to 5% range while the estimate plunged to about 0%. In the past when the actual return was far above the estimated return, such as 2001 and 2007, the market fell enough to bring the actual return down to or below the estimate. It remains to be seen if or when that will happen this time. There is more information on PEses in this article . The last point on the red line shows PEses at 45 and implies the return over the next 17 years after inflation and dividends will annualize losing about 1%. This would be comparable to the period ending August 1982. I expect all of that loss to come in the next few years and set up an extraordinary buying opportunity. Valuation is not a timing tool and can easily be off three years or more. Just because this or any other measure of value shows a market to be overvalued does not mean it will not be more over valued next year. While stocks are probably in bubble territory, the deflation may not come until economic and/or earnings growth turns down. The signs pointing to this are quite mixed: a few suggest the decline has started, some that it is several months away, while others don't even show a decline coming. Conclusion Prosperity depends on the wealthy building businesses that create more wealth and employment, as opposed to living a life of ease off existing wealth. The tax policy that most encourages prosperity appears to be a low average income tax rate on the wealthy with a high marginal rate. The lagged effect of low marginal tax rates suggests the baseline growth rate is around 1% this year and 1.5% in 2015 and 2016. Growth closer to the long-term average of 3.3% should begin in 2017 when the lagged effect of increasing the capital gains tax rate should begin influencing growth. With an expected growth rate near 1%, normal fluctuations in growth mean deeper recessions and a larger percentage of time in recession than during times where the normal growth rate was above 3%. Forecasts that growth will return to 3% this year or next probably assume that 3% is still the normal baseline growth rate. If that were true, the last eight years all of which have been weaker than 3% should make growth bouncing up to 3% a sure bet. If a sub 1% growth trend is the reality, the last four years of above trend growth make a decline in growth a strong probability. Current market valuations rest on the assumption that we are returning to ""normal"" growth. If/when growth falls back to 1% or turns negative this year or next, the jarring gap between expectation and reality could create a stock market crash. The combination of weak growth, high valuation and the shift to unfavorable demographics create the potential for a 40% to 80% decline in U.S. stock indexes ( SPY ) sometime in the next one to five years. Protecting capital should be the primary concern. Diversification abroad should play a key role in protecting and growing capital. The U.S. has had the reputation of the least dirty shirt in the hamper the last few years and U.S. stock valuations rose relative to international indexes. A decline in the growth rate and especially a recession could reverse the relative gain of the last few years. However, if the U.S. market goes down, other stock markets will likely follow. International bonds probably merit a larger-than-normal slice of the portfolio in the next year or two. American Century's International Bond Fund ( BEGBX ) has outperformed the U.S. stock market so far this year. It was also a strong performer during the last two bear markets. Disclosure: I am short SPY. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it. I have no business relationship with any company whose stock is mentioned in this article. Additional disclosure: There is no guarantee analysis of historical data their trends and correlations enable accurate forecasts. The data presented is from sources believed to be reliable, but its accuracy cannot be guaranteed. Past performance does not indicate future results. This is not a recommendation to buy or sell specific securities. This is not an offer to manage money. I am long BEGBX See also Copart ( CPRT ) A. Jayson Adair on Q2 2016 Results - Earnings Call Transcript on seekingalpha.com The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
CPRT,2014-03-25,4.535,4.57875,4.48875,4.53875,
CPRT,2014-03-26,4.55375,4.5675,4.42875,4.43,
CPRT,2014-03-27,4.415,4.44,4.395,4.42875,
CPRT,2014-03-28,4.435,4.5125,4.40875,4.49,
CPRT,2014-03-31,4.5225,4.5675,4.5025,4.54875,
CPRT,2014-04-01,4.5625,4.6025,4.53875,4.56875,
CPRT,2014-04-02,4.5875,4.6175,4.565,4.61125,
CPRT,2014-04-03,4.62,4.66125,4.59375,4.63,
CPRT,2014-04-04,4.66125,4.6925,4.58375,4.60875,
CPRT,2014-04-07,4.59375,4.6175,4.50875,4.53125,
CPRT,2014-04-08,4.37875,4.61125,4.37875,4.60875,
CPRT,2014-04-09,4.61125,4.65625,4.59875,4.645,
CPRT,2014-04-10,4.64875,4.6725,4.58625,4.595,
CPRT,2014-04-11,4.555,4.565,4.43125,4.435,
CPRT,2014-04-14,4.46,4.49125,4.4045,4.43,
CPRT,2014-04-15,4.42375,4.45375,4.37625,4.4375,
CPRT,2014-04-16,4.46375,4.5125,4.43125,4.51,
CPRT,2014-04-17,4.53,4.58625,4.51,4.56125,
CPRT,2014-04-21,4.58375,4.585,4.5175,4.55125,
CPRT,2014-04-22,4.56125,4.605,4.55125,4.555,
CPRT,2014-04-23,4.5425,4.5625,4.4725,4.48625,
CPRT,2014-04-24,4.53875,4.53875,4.44875,4.48275,
CPRT,2014-04-25,4.46875,4.475,4.4125,4.45125,
CPRT,2014-04-28,4.48375,4.53375,4.415,4.47625,
CPRT,2014-04-29,4.49125,4.515,4.45375,4.4875,"[""Earnings Acceleration for Future Outperformers - Screen of the Week"", ""Earnings Acceleration for Future Outperformers - Screen of the Week"", ""Earnings Acceleration for Future Outperformers - Screen of the Week""]"
CPRT,2014-04-30,4.45125,4.53375,4.45125,4.53375,
CPRT,2014-05-01,4.5575,4.577,4.51,4.54125,
CPRT,2014-05-02,4.58125,4.60625,4.54,4.59625,
CPRT,2014-05-05,4.5625,4.6275,4.525,4.5925,
CPRT,2014-05-06,4.585,4.58625,4.52375,4.525,"CAPE, Earnings Volatility And Stock Returns: 1871-2019 By John Overstreet : Although earnings have tended to grow at a relatively constant rate over the last five or six decades, over the short run, they tend to be relatively volatile. When Shiller's CAPE smooths out earnings, this has two effects. The obvious one is that it eliminates the short-term volatility of earnings. Less obviously, it reduces earnings to playing something like a long-term moving average of share prices . Compare, for example, CAPE with the real S&P 500 index divided by its twenty-year moving average. There is very little difference in the two, and using the deviation from the moving average has only been slightly less predictive of future returns than has CAPE. The question then inevitably arises: when earnings volatility is stripped out, how much value is being added to market analysis? (click to enlarge) (Sources: All charts in this article come from calculations from the data graciously provided by Robert Shiller on his website ). In my previous article , as well as in articles I wrote last year, I pointed out that bull markets are typically contra-cyclical (""counter-cyclical"" sounds too much like monetary or fiscal policy), while bear markets are highly cyclical. That is, in a bear market, stocks ([[SPY]],[[DIA]],[[QQQ]]) tend to be positively correlated with commodities ([[GSG]],[[DJP]],[[RJA]]), inflation, earnings, and interest rates ([[UST]],[[IEF]]), but in a bull market, stocks are negatively correlated with these factors. (click to enlarge) In this chart, you can see that during bull markets, annual changes in stocks become, not only disengaged from earnings, but inversely correlated with changes in earnings. (In fact, that stock prices become inversely correlated rather than merely indifferent suggests that we cannot simply attribute these rallies to "" optimism "" as a recent headline suggested, but that is a whole different article). The interesting thing about the current market is that it appears to have transitioned from a post-crisis bear rally (2009-2011) to a proper bull market (2011-?) in much the same way that the market did in the early 1920s. Ninety years ago, the market shifted from a bear rally in 1922-1924 to a bull market that lasted until the fall of 1929. Those transition years, 2011 and 1924, respectively, also saw the last hurrahs of a commodity boom, as well as political and economic crises abroad. The initial crises of 2009 and 1921 were also experienced as brief but very sharp earnings collapses that manifested themselves, somewhat unusually, as P/E expansions. Shiller's Cyclically-Adjusted Price/Earnings ratio, just like it says on the tin, denudes the P/E ratio of these cyclical distractions. (click to enlarge) My hunch is that cycles (i.e., short-term fluctuations) contain important information about the market. The cyclical/contra-cyclical modes in the market already strongly suggest that, but in this article, I wanted to investigate two interrelated questions, one general and one specific: 1. What insights do we lose when we smooth out earnings? 2. What might earnings volatility be saying about the present market? My answer to the first question is that, over the five- and ten-year ranges, earnings volatility seems to contain important information about future returns. And, in answer to the second question, I believe that the first answer suggests that the parallels with the 1920s are not merely coincidence: earnings volatility would seem to be indicating a strong bull market until the conclusion of the decade. In other words, there seems to be something about a temporary, severe earnings shock that reflects or creates conditions consonant with a raging bull market; that is, a bull market that exhibits all of the contra-cyclical behavior listed above. All of these observations raise difficult questions, unfortunately. What accounts not only for contra-cyclicality but changes from contra-cyclicality to cyclicality and back? Why would the severity and brevity of an earnings shock appear to result in earnings growth in the short-term but P/E expansion in the medium? Is ""earnings volatility"" really the right way to frame the phenomenon, or is there something else going on? Let's not wander into those thickets quite yet, though. P/E Ratios and Earnings Growth Instead, let's begin with a more basic question about CAPE and its theoretical underpinnings. Investors buy shares to gain access to future profits. Shiller points out, however, that CAPE and future returns are inversely correlated. The inverse correlation shows that investors have unrealistic expectations about future earnings growth, which is why they should be smoothing out the earnings cycle in the first place. But, why not ask how well P/E ratios predict earnings growth, rather than just returns? After all, if fluctuations in returns are driven primarily by share price movements (which they are), then wouldn't a negative correlation between CAPE and returns simply indicate that investors are not good at predicting share prices or that they do not care about stock prices as much as we think they do or should? I was surprised by what I found when I ran the correlations between CAPE and raw P/E (that is, P/E calculated using concurrent earnings) against earnings and returns over three-, five-, ten-, and seventeen-year periods. (I threw the three- and seventeen-year comparisons into the mix randomly). As you can see in the table below, CAPE is negatively correlated with returns over the short-, medium-, and long-term. So is raw P/E, although the relationship is clearly weaker and less uniform. Raw P/E, however, does a fair job of predicting future earnings growth, whereas CAPE does not have any relationship with subsequent earnings. The first thing worth noticing is the gap between how well P/E ratios of whatever stripe predict returns and how well they predict earnings. Why might raw P/E be negatively correlated with returns but positively correlated with earnings, for example? I think the second chart in the article already suggests why that might be, but we can compare ten-year returns and ten-year earnings growth to make sure. (click to enlarge)(click to enlarge) From the late 1950s, returns and earnings tend to both be positive but also inversely correlated with one another, at least until the earnings collapse of 2008-2009. If earnings collapse, stocks tend to be highly correlated with them, but if earnings growth is positive, stocks will inversely correlate with the trend of earnings. It would seem that the stock market fears high profit growth and collapses in profits and thrives on an odd combination of positive but declining earnings growth. I was even more surprised, however, when I compared raw P/E with earnings growth over the subsequent ten-year period in the chart below. The correlation coefficient in the table above doesn't really seem to tell the whole story. (click to enlarge) P/E has predicted earnings growth surprisingly well in the last half-century, except for the earnings growth of the 2000s, when there appears to have been a strong inverse correlation. If you then overlay subsequent stock market returns, it appears that P/E is positively correlated with subsequent earnings growth only during bull markets, and is negatively correlated during bear markets. (click to enlarge) In other words, it appears that P/E correlates with subsequent earnings growth only if there is a subsequent bull market. If you take a rolling correlation between P/E and subsequent earnings growth and index returns, it appears to confirm that relationship. (click to enlarge)(click to enlarge) How on earth could that be? It might be mere coincidence, but because of the connection represented in the second chart in this article (the relationship between bull markets and cyclicality/contra-cyclicality) and the problem represented in the following two charts, it occurred to me that this relationship between P/E, earnings growth, and returns might mean something. So, we have to return for a moment to that second chart. Because bull markets are contra-cyclical (share prices and earnings are negatively correlated) and bear markets are cyclical (the two are positively correlated) and, at least over the last century, bull and bear markets coincide with expansion and contraction of the P/E multiple, we can condense this relationship into ""earnings beta,"" which is the product of the correlation between earnings and stock price changes and the relative volatility of earnings (the standard deviation of changes in earnings divided by the same for share prices). The problem with the relationship between earnings beta and market returns was that, over the very long run, it appeared to be positively correlated with stock market expansions and contractions, but after World War II, it appeared that it might be predicting five-year returns. Because I first observed the relationship as a backward-looking one rather than a predictive one, I opted for the former interpretation, but the latter was troubling, because the extreme levels of the measure indicated either that we had been through a very bad bear market or that we were about to go through one that might be worse than that of the 2000s. (click to enlarge)(click to enlarge) But, since P/E predicts earnings growth only when a bull market follows, it occurred to me that the correlation coefficient and relative volatility might be talking about different if related things. Earnings Volatility and Earnings Growth Think about the collapse of earnings in 2009 and what subsequent ten-year earnings will look like. Earnings fell something like 85% year-on-year, but they quickly reverted to their post-World War II trajectory. If earnings remain perfectly flat over the next five years (that is, until the spring of 2019), it is mathematically inevitable that the ten-year growth rate in earnings will peak in March 2019 at 30% annualized growth, which is double the historic peak. Or, imagine that earnings fall immediately from their December 2013 $100.2 level to the December 2003 level of $48.74 and remain there until 2019. Ten-year earnings growth will still peak at 20% per annum, comfortably above every other ten-year period's growth rate. (click to enlarge)(click to enlarge) Unless earnings achieve an exceptionally pitiable level precisely in the Spring of 2019 or achieve absolutely otherworldly growth before then, there is a very high probability that the P/E ratio of the 2000s will be highly correlated with subsequent earnings growth for the current decade. If that is the case, based on historical extrapolation, we can infer that the 2010s will be a period of exceptional stock returns. Really? Is that a remotely rational conclusion? There are only two possible explanations for why this connection between P/E, subsequent earnings growth, and stock returns could make any sense: either it is pure coincidence or earnings volatility bears information about the future direction of the market not captured by CAPE. A slightly less hocus-pocus demonstration of this relationship between P/E and earnings is represented in the two charts below. Rather than comparing the correlation between P/E and future earnings growth with future returns, they compare the correlation between P/E and concurrent earnings growth with future returns. And, in this instance, the relationship is the opposite: a negative correlation between P/E and historical earnings growth over the five- and ten-year spans does a fair job of predicting subsequent returns. The correlations between P/E and earnings growth, whether subsequent or concurrent tend to be a little above 0.4 or below -0.4, respectively. Earnings volatility appears to be communicating something. (click to enlarge) A connection between volatility and subsequent returns would leave us with some knotty problems. First, it implies that the level of earnings volatility is more important than the direction of that volatility. That is, it does not matter whether earnings shocks are positive or negative; as long as they are volatile, it would seem to be good for stocks in the not too distant future. (An earnings shock such as the one in 2009 would be disastrous in the short run but wonderful in the medium for stocks). Second, whether there is a positive or negative shock to earnings, if we can assume that stocks will go into bull mode in relatively short order, we can also assume (again, especially since 1913) that P/E will expand and stock fluctuations will inversely correlate with earnings fluctuations (again, see the second chart in the article). In other words, a rebound from a negative shock to earnings (as in 2009) will primarily redound to the greater glory of stocks, not earnings. In the following charts, you can see the relationship between the log of the relative volatility of earnings to subsequent five- and ten-year returns. The correlations are positive but very weak (just shy of 0.2), but I think our eyes do not mislead us by suggesting that earnings volatility plays some sort of role. (click to enlarge)(click to enlarge) If we compare the relative volatility of earnings with the rolling correlation between P/E and subsequent earnings growth, there is a relationship, but there is something else going on, too. There is a breakdown of some kind as earnings have become more and more volatile over the last four or five decades. (click to enlarge) Volatility certainly cannot explain everything, then. I suspect, however, that there is a relationship between volatility and the progression of the correlation between earnings and share price fluctuations (the relationship in the first chart and the earnings beta measure) that I am not fully grasping, perhaps due to my feeble mathematical imagination. Perhaps the P/E ratio itself contains information that is not captured by either earnings volatility or CAPE contains individually. Skipping the Math Instead of reducing all of this to a single mathematical variable, then, perhaps we can try a narrative approach. I am imagining a process such as the following one, with each stage lasting something like five to ten years: 1. A bear market . Stocks are increasingly correlated with earnings; earnings are also becoming more and more volatile. 2. A bull in bear's clothing . Earnings become extremely volatile due to the inevitable crisis, stocks decouple from earnings (as well as interest rates, inflation, and commodities). 3. Raging bull . Stocks are now strongly inversely correlated with earnings (and interest rates, inflation, and commodities). Earnings volatility falls relative to stocks. At the very end of the third stage, a switch occurs: earnings accelerate, but so do stocks. That is essentially the end of low earnings volatility and the contra-cyclical relationships. Back to stage one. In this narrative guise, I think my summary of the unfolding of stock market supercycles is not all that different from Shiller's description of particular episodes of market history in Irrational Exuberance . He notes, for example, the eerily steady earnings growth of the late 1990s. But, there are also important qualitative differences between the interpretations implied by an approach which focuses on earnings volatility and one that excludes that volatility. For one, the first approach deemphasizes the absolute level of the P/E ratio, whereas the relationship between CAPE and returns is entirely a function of the absolute level of the ratio. I think the former approach, although still theoretically and mathematically embryonic, allows greater flexibility in terms of market analysis and goes some way towards explaining why P/E has bottomed at a relatively high level in the current cycle and may give us some indication of gauging when this market will peak. Intermediate corrections aside, this market looks set to be bullish over the remainder of the decade. The extreme market volatility that only ended in 2011 suggests that there are at least a few more years to go, and the low correlation between stock fluctuations and earnings fluctuations also suggests that this bull market has not fully matured as of yet. So, how should we think about the relationship between earnings and the market? There are so many ways to look at the relationships discussed here. Let me see if I can recast these relationships somewhat with a single chart. It will not be especially simple, but perhaps it will put the relationship between earnings growth, volatility, and returns in a more straightforward way. A Bird's Eye View of Earnings and the Market Since 1871 In the following chart, we will take a look again at the relationship between P/E, concurrent earnings growth, and concurrent stock market performance. I have also inverted P/E and stock returns to highlight the critical relationships. Above, we noted that an inverse correlation between concurrent earnings growth and P/E implied a bull market in the following five to ten years, but I want to shift the focus a little. There are a few features that should be immediately recognizable from the beginning of the discussion. First, that P/E tends to be highly correlated with returns only after World War II (as well as in 1924-1930, but not 2008-2011), reflective of the market's modern tendency for P/E to be driven by multiple expansion rather than changes in earnings. At the same time, we can see that earnings growth has increasingly tended to be inversely correlated with both stock prices and the P/E multiple (note: because the scale for stock returns and P/E is inverted, this will appear as a positive correlation), although earnings since World War II are more consistently positive over the long term (at least until the 2000s). (click to enlarge) Beyond that, however, is the relationship between peaks in earnings growth and changes in stock market performance. You might notice that peaks in earnings growth often roughly coincide with changes in the direction of the stock market, especially stock market peaks, even though annualized changes in stocks and earnings tend to be inversely correlated, especially during bull markets! Earnings peaked in 1906, roughly around the same time as stocks. Late in the Roaring '20s, earnings growth spiked upwards again, peaking in 1931 (due to the 1921 collapse in earnings). The 1959 peak in stock return growth was led by the peak in earnings growth a few months earlier. In 1997, earnings growth peaked again, a few years before the top in the market. As discussed in a previous section of the article, we already know (as much as anything can be known about the future) that earnings growth will peak in 2019 at a historically high level, probably twice the 1950s peak. What is less noticeable perhaps is that earnings growth also peaks after the conclusion of bear markets, however. Stocks bottomed in 2009 but earnings topped out in 2012. In 1974, stocks bottomed; earnings peaked in 1981. In 1939, stocks bottomed, and earnings peaked in 1943. Stocks bottomed in 1921, earnings peaked in 1924. With the exception of the 1981 peak, most earnings peaks were due to violent earnings recoveries. If you look at the 10% line on the earnings growth axis, you can see that peaks in earnings growth seem to be tied more to changes in long-term stock market direction than either the peaks or troughs of the stock market itself. The difference seems to be one of a difference in timing and volatility. What about the market of the current decade of the 2010s? CAPE is too blunt an instrument to say anything especially reliable about such a specific time frame, but the timing and volatility of changes in earnings and share prices suggests that a significant P/E expansion during a stock market collapse is the formula for exceptional medium-term (five- to ten-year) gains. Perhaps the single most interesting thing about this chart is that market bottoms concluded with often very high P/E ratios (1894, 1921, 1939, 1946, and 2009). The only one that did not was the 1974 bottom. Prior to the 1960s, almost every instance of P/E peaking above 20 was during a market bottom . The 1920s were uncharacteristically modern insofar as P/E was raised to the 20-level primarily by surging stock market prices rather than falling earnings. It was only in the 1960s and 1990s that this 1920s pattern was to be repeated. In 2009, the market reverted to the form it took back when long-term earnings lacked the implicit growth guarantees. Conclusion Fluctuations in the volatility of earnings seem to be intimately linked to stock market performance. Within the context of the cyclical and contra-cyclical behavior of the market relative to inflation, interest rates, and commodity prices, as well as earnings, greater precision in predicting markets may be possible by focusing on the relationship between cyclicality and secular trends. Until a greater understanding of these relationships can be pieced together, I would summarize the current situation in the following way: We had not experienced an earnings shock such as the one we had five years ago for eighty years. History seems to suggest that they are followed by stock market booms that last not much longer than a decade. As the boom unfolds, the statistical rebound in earnings growth tends to peak with the market, even as the annualized fluctuations in earnings and stock prices become increasingly inversely correlated. By that point, the absolute level of P/E, by any measure, will probably be even higher than it is now. An end to the stock boom sometime around the end of the decade does not seem improbable. Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it. I have no business relationship with any company whose stock is mentioned in this article. See also Copart ( CPRT ) A. Jayson Adair on Q2 2016 Results - Earnings Call Transcript on seekingalpha.com The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. Sponsored Links This Is The Highest Rated Hearing Aid In The US hear.com The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
CPRT,2014-05-07,4.515,4.5275,4.4545,4.52375,
CPRT,2014-05-08,4.5125,4.5825,4.48875,4.51375,
CPRT,2014-05-09,4.50625,4.54375,4.46625,4.54,
CPRT,2014-05-12,4.57,4.64125,4.5475,4.60375,
CPRT,2014-05-13,4.6075,4.62625,4.5675,4.57625,
CPRT,2014-05-14,4.55875,4.56625,4.48875,4.49125,
CPRT,2014-05-15,4.465,4.46875,4.39375,4.4675,
CPRT,2014-05-16,4.43625,4.505,4.433,4.48875,
CPRT,2014-05-19,4.46875,4.57875,4.44375,4.565,
CPRT,2014-05-20,4.565,4.592,4.4675,4.4925,
CPRT,2014-05-21,4.50375,4.54125,4.47125,4.5175,
CPRT,2014-05-22,4.52375,4.5825,4.4945,4.545,
CPRT,2014-05-23,4.5425,4.59375,4.5145,4.56,
CPRT,2014-05-27,4.58375,4.64375,4.56625,4.6175,
CPRT,2014-05-28,4.6225,4.63625,4.525,4.53625,"[""Copart Reports Q3 Adjusted EPS of $0.46 vs $0.48 Est; Revenue of $309.70M vs $314.73M Est"", ""After-Hours Earnings Report for May 28, 2014 : UHAL, PANW, CPRT, SB, TLYS, GMAN The following companies are expected to report earnings after hours on 05/28/2014. Visit our Earnings Calendar for a full list of expected earnings releases. Amerco ( UHAL ) is reporting for the quarter ending March 31, 2014. The transportation company's consensus earnings per share forecast from the 1 analyst that follows the stock is $1.71. This value represents a 11.40% decrease compared to the same quarter last year. In the past year UHAL has beat the expectations every quarter. The highest one was in the 4th calendar quarter where they beat the consensus by 3.09%. Zacks Investment Research reports that the 2014 Price to Earnings ratio for UHAL is 15.42 vs. an industry ratio of 14.70, implying that they will have a higher earnings growth than their competitors in the same industry. Palo Alto Networks, Inc. ( PANW ) is reporting for the quarter ending April 30, 2014. The communications company's consensus earnings per share forecast from the 7 analysts that follow the stock is $-0.06. This value represents a 40.00% increase compared to the same quarter last year. Zacks Investment Research reports that the 2014 Price to Earnings ratio for PANW is -316.41 vs. an industry ratio of 20.40. Copart, Inc. ( CPRT ) is reporting for the quarter ending April 30, 2014. The auction company's consensus earnings per share forecast from the 6 analysts that follow the stock is $0.47. This value represents a 14.63% increase compared to the same quarter last year. Zacks Investment Research reports that the 2014 Price to Earnings ratio for CPRT is 23.53 vs. an industry ratio of 21.00, implying that they will have a higher earnings growth than their competitors in the same industry. Safe Bulkers, Inc ( SB ) is reporting for the quarter ending March 31, 2014. The shipping company's consensus earnings per share forecast from the 4 analysts that follow the stock is $0.09. This value represents a 57.14% decrease compared to the same quarter last year. In the past year SB has met analyst expectations once and beat the expectations the other three quarters. Zacks Investment Research reports that the 2014 Price to Earnings ratio for SB is 13.84 vs. an industry ratio of -14.30, implying that they will have a higher earnings growth than their competitors in the same industry. Tilly's, Inc. ( TLYS ) is reporting for the quarter ending April 30, 2014. The retail (shoe) company's consensus earnings per share forecast from the 6 analysts that follow the stock is $0.02. This value represents a 75.00% decrease compared to the same quarter last year. In the past year TLYS has beat the expectations every quarter. The highest one was in the 1st calendar quarter where they beat the consensus by 5.56%. The \""days to cover\"" for this stock exceeds 14 days. Zacks Investment Research reports that the 2015 Price to Earnings ratio for TLYS is 16.09 vs. an industry ratio of -0.80, implying that they will have a higher earnings growth than their competitors in the same industry. Gordmans Stores, Inc. ( GMAN ) is reporting for the quarter ending April 30, 2014. The discount retail company's consensus earnings per share forecast from the 2 analysts that follow the stock is $0.01. This value represents a 94.12% decrease compared to the same quarter last year. GMAN missed the consensus earnings per share in the 4th calendar quarter of 2013 by -53.85%. Zacks Investment Research reports that the 2015 Price to Earnings ratio for GMAN is 24.58 vs. an industry ratio of 20.60, implying that they will have a higher earnings growth than their competitors in the same industry. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Copart Reports Q3 Adjusted EPS of $0.46 vs $0.48 Est; Revenue of $309.70M vs $314.73M Est""]"
CPRT,2014-05-29,4.4525,4.535,4.3175,4.3975,"[""Copart Misses Q3 Earnings Ests, Up Y/Y - Analyst Blog"", ""Copart Reports Q3 Adjusted EPS of $0.46 vs $0.48 Est; Revenue of $309.70M vs $314.73M Est"", ""Copart Misses Q3 Earnings Ests, Up Y/Y - Analyst Blog"", ""Copart Misses Q3 Earnings Ests, Up Y/Y - Analyst Blog""]"
CPRT,2014-05-30,4.405,4.46875,4.36875,4.44625,
CPRT,2014-06-02,4.45375,4.47875,4.3975,4.45625,
CPRT,2014-06-03,4.425,4.45125,4.405,4.41125,
CPRT,2014-06-04,4.4,4.48125,4.3875,4.46375,
CPRT,2014-06-05,4.45875,4.57125,4.45,4.5425,
CPRT,2014-06-06,4.5375,4.565,4.52125,4.54125,
CPRT,2014-06-09,4.5325,4.61,4.52125,4.54875,
CPRT,2014-06-10,4.53375,4.56625,4.51125,4.52,
CPRT,2014-06-11,4.49625,4.4975,4.45125,4.47,
CPRT,2014-06-12,4.455,4.47375,4.42125,4.44375,
CPRT,2014-06-13,4.44375,4.4745,4.428,4.44,
CPRT,2014-06-16,4.43875,4.47375,4.43625,4.45375,
CPRT,2014-06-17,4.445,4.5175,4.44,4.50125,
CPRT,2014-06-18,4.47,4.5225,4.45875,4.5075,
CPRT,2014-06-19,4.515,4.5175,4.47125,4.47625,
CPRT,2014-06-20,4.4875,4.5,4.37,4.385,
CPRT,2014-06-23,4.385,4.3975,4.36125,4.37,
CPRT,2014-06-24,4.36,4.41375,4.36,4.38,
CPRT,2014-06-25,4.36875,4.4125,4.36625,4.40375,
CPRT,2014-06-26,4.4075,4.4275,4.3675,4.4,
CPRT,2014-06-27,4.3925,4.43625,4.375,4.41875,"[""Top 4 NASDAQ Stocks In The Auto Dealerships Industry With The Highest EPS"", ""Top 4 NASDAQ Stocks In The Auto Dealerships Industry With The Highest EPS"", ""Top 4 NASDAQ Stocks In The Auto Dealerships Industry With The Highest EPS""]"
CPRT,2014-06-30,4.4,4.49875,4.4,4.495,
CPRT,2014-07-01,4.49125,4.58375,4.4825,4.5325,
CPRT,2014-07-02,4.57875,4.57875,4.48125,4.48625,
CPRT,2014-07-03,4.50625,4.54125,4.45125,4.5075,
CPRT,2014-07-07,4.4975,4.52375,4.47125,4.48125,
CPRT,2014-07-08,4.4825,4.5125,4.45625,4.49625,
CPRT,2014-07-09,4.50375,4.53,4.485,4.51125,
CPRT,2014-07-10,4.495,4.50125,4.43375,4.43625,
CPRT,2014-07-11,4.42625,4.4525,4.394,4.4275,
CPRT,2014-07-14,4.45625,4.48625,4.42625,4.45875,
CPRT,2014-07-15,4.455,4.51,4.4055,4.435,
CPRT,2014-07-16,4.44625,4.45125,4.31875,4.37875,
CPRT,2014-07-17,4.36375,4.3725,4.3225,4.32875,
CPRT,2014-07-18,4.347,4.407,4.335,4.385,"[""Video: Long Drive For Auto Parts Retailers Over?"", ""Video: Long Drive For Auto Parts Retailers Over?"", ""Video: Long Drive For Auto Parts Retailers Over?""]"
CPRT,2014-07-21,4.41625,4.4175,4.345,4.35,
CPRT,2014-07-22,4.365,4.3725,4.33625,4.3525,
CPRT,2014-07-23,4.35125,4.3925,4.31875,4.375,
CPRT,2014-07-24,4.3875,4.41625,4.365,4.39125,
CPRT,2014-07-25,4.37875,4.397,4.33375,4.33875,
CPRT,2014-07-28,4.34375,4.3475,4.2975,4.33625,
CPRT,2014-07-29,4.34375,4.3475,4.2575,4.25875,
CPRT,2014-07-30,4.2825,4.2895,4.21,4.23,
CPRT,2014-07-31,4.2125,4.245,4.17125,4.1725,
CPRT,2014-08-01,4.16625,4.2025,4.14875,4.18625,
CPRT,2014-08-04,4.19125,4.2125,4.16125,4.18375,
CPRT,2014-08-05,4.1625,4.2175,4.125,4.20875,
CPRT,2014-08-06,4.18125,4.23875,4.18125,4.20375,
CPRT,2014-08-07,4.2175,4.2175,4.16,4.17625,
CPRT,2014-08-08,4.175,4.2125,4.165,4.20125,
CPRT,2014-08-11,4.22125,4.235,4.19875,4.21,
CPRT,2014-08-12,4.185,4.2275,4.1725,4.1875,
CPRT,2014-08-13,4.1975,4.22125,4.175,4.1925,
CPRT,2014-08-14,4.1925,4.2125,4.175,4.1875,
CPRT,2014-08-15,4.215,4.22875,4.16875,4.20875,
CPRT,2014-08-18,4.24875,4.2825,4.2105,4.2625,
CPRT,2014-08-19,4.26875,4.2825,4.23625,4.27125,
CPRT,2014-08-20,4.255,4.305,4.23125,4.2825,
CPRT,2014-08-21,4.28625,4.33375,4.28,4.29375,
CPRT,2014-08-22,4.2925,4.325,4.2675,4.277,
CPRT,2014-08-25,4.30125,4.35,4.2705,4.315,
CPRT,2014-08-26,4.3225,4.345,4.28875,4.29,
CPRT,2014-08-27,4.28125,4.31875,4.26875,4.285,
CPRT,2014-08-28,4.2725,4.3025,4.23875,4.302,
CPRT,2014-08-29,4.32,4.32,4.2725,4.30375,
CPRT,2014-09-02,4.3175,4.365,4.29875,4.3225,
CPRT,2014-09-03,4.32125,4.3375,4.2475,4.25,
CPRT,2014-09-04,4.245,4.26875,4.21125,4.21375,
CPRT,2014-09-05,4.2,4.2475,4.175,4.2255,
CPRT,2014-09-08,4.21375,4.2475,4.16875,4.19125,
CPRT,2014-09-09,4.18875,4.2225,4.17,4.19375,
CPRT,2014-09-10,4.2075,4.2325,4.1725,4.23125,
CPRT,2014-09-11,4.2025,4.235,4.185,4.2275,
CPRT,2014-09-12,4.23125,4.23125,4.1775,4.1825,
CPRT,2014-09-15,4.17625,4.22125,4.1725,4.22,
CPRT,2014-09-16,4.20625,4.24625,4.18875,4.235,
CPRT,2014-09-17,4.24625,4.28375,4.2375,4.28125,
CPRT,2014-09-18,4.30375,4.32,4.26625,4.2675,"[""Auto Stock Roundup: Tesla Gigafactory Incentives Approved, Ford Reports Europe Sales, GM Ignition Switch Death Toll Rises - Analyst Blog"", ""Auto Stock Roundup: Tesla Gigafactory Incentives Approved, Ford Reports Europe Sales, GM Ignition Switch Death Toll Rises - Analyst Blog"", ""Auto Stock Roundup: Tesla Gigafactory Incentives Approved, Ford Reports Europe Sales, GM Ignition Switch Death Toll Rises - Analyst Blog""]"
CPRT,2014-09-19,4.26875,4.28625,4.2025,4.215,
CPRT,2014-09-22,4.19125,4.215,4.16875,4.18125,"[""AutoZone Misses On Revenue As New Car Sales Weigh"", ""AutoZone Misses On Revenue As New Car Sales Weigh"", ""AutoZone Misses On Revenue As New Car Sales Weigh""]"
CPRT,2014-09-23,4.175,4.203,4.1125,4.11875,"[""Indexes Pare Losses As Salix Soars On Buyout Talk"", ""Earnings Scheduled For September 23, 2014"", ""Copart Reports Q4 EPS of $0.39 vs $0.41 Est; Revenue of $287.50M vs $291.12M Est"", ""Copart Reports Q4 EPS of $0.39 vs $0.41 Est; Revenue of $287.50M vs $291.12M Est"", ""Earnings Scheduled For September 23, 2014"", ""Indexes Pare Losses As Salix Soars On Buyout Talk"", ""Earnings Reaction History: Copart Inc., 33.3% Follow-Through Indicator, 3.9% Sensitive Expected Earnings Release: 09/23/2014, After-hours Avg. Extended-Hours Dollar Volume: $930,135 Copart Inc. ( CPRT ) is due to issue its quarterly earnings report in the upcoming extended-hours session. Given its history, traders can expect light trading in the issue immediately following its quarterly earnings announcement. Historical earnings event related premarket and after-hours trading activity in CPRT indicates that the price change in the extended hours is likely to be of limited value in forecasting additional price movement by the following regular session close. Last 12 Qtrs Positive Only Price Reactions Last 12 Qtrs Negative Only Price Reactions Percent of time added to extended-hours losses: 33.3% Average next regular session additional loss: 1.6% Over that same historical period, when shares of CPRT dropped in the extended-hours in reaction to its earnings announcement, history shows that 33.3% of the time (1 event) the stock dropped further, adding to the extended-hours losses by an average of 1.6% by the following regular session close. Data provided by the MT Pro service at MTNewswires.com. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. Copyright (C) 2016 MTNewswires.com. All rights reserved. Unauthorized reproduction is strictly prohibited. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""After-Hours Earnings Report for September 23, 2014 : BBBY, CPRT, SCS, AIR, OVRL The following companies are expected to report earnings after hours on 09/23/2014. Visit our Earnings Calendar for a full list of expected earnings releases. Bed Bath & Beyond Inc. ( BBBY ) is reporting for the quarter ending August 31, 2014. The retail company's consensus earnings per share forecast from the 15 analysts that follow the stock is $1.14. This value represents a 1.72% decrease compared to the same quarter last year. The \""days to cover\"" for this stock exceeds 13 days. Zacks Investment Research reports that the 2015 Price to Earnings ratio for BBBY is 12.74 vs. an industry ratio of 13.30. Copart, Inc. ( CPRT ) is reporting for the quarter ending July 31, 2014. The auction company's consensus earnings per share forecast from the 6 analysts that follow the stock is $0.41. This value represents a 28.13% increase compared to the same quarter last year. Zacks Investment Research reports that the 2014 Price to Earnings ratio for CPRT is 21.72 vs. an industry ratio of 30.10. Steelcase Inc. ( SCS ) is reporting for the quarter ending August 31, 2014. The business company's consensus earnings per share forecast from the 2 analysts that follow the stock is $0.23. This value represents a 4.17% decrease compared to the same quarter last year. Zacks Investment Research reports that the 2015 Price to Earnings ratio for SCS is 18.80 vs. an industry ratio of 17.40, implying that they will have a higher earnings growth than their competitors in the same industry. AAR Corp. ( AIR ) is reporting for the quarter ending August 31, 2014. The aerospace and defense company's consensus earnings per share forecast from the 2 analysts that follow the stock is $0.41. This value represents a 8.89% decrease compared to the same quarter last year. AIR missed the consensus earnings per share in the 1st calendar quarter of 2014 by -20%. The \""days to cover\"" for this stock exceeds 20 days. Zacks Investment Research reports that the 2015 Price to Earnings ratio for AIR is 14.86 vs. an industry ratio of -3.60, implying that they will have a higher earnings growth than their competitors in the same industry. Overland Storage, Inc. ( OVRL ) is reporting for the quarter ending June 30, 2014. The computer storage company's consensus earnings per share forecast from the 1 analyst that follows the stock is $-0.33. This value represents a 63.33% increase compared to the same quarter last year. Zacks Investment Research reports that the 2014 Price to Earnings ratio for OVRL is -1.74 vs. an industry ratio of 1.10. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Copart Reports Q4 EPS of $0.39 vs $0.41 Est; Revenue of $287.50M vs $291.12M Est"", ""Earnings Scheduled For September 23, 2014"", ""Indexes Pare Losses As Salix Soars On Buyout Talk""]"
CPRT,2014-09-24,3.9675,4.03375,3.87,3.93625,"[""Interesting CPRT Put And Call Options For May 2015 Investors in Copart, Inc. (Symbol: CPRT) saw new options begin trading this week, for the May 2015 expiration. One of the key inputs that goes into the price an option buyer is willing to pay, is the time value, so with 233 days until expiration the newly trading contracts represent a potential opportunity for sellers of puts or calls to achieve a higher premium than would be available for the contracts with a closer expiration. At Stock Options Channel , our YieldBoost formula has looked up and down the CPRT options chain for the new May 2015 contracts and identified one put and one call contract of particular interest. The put contract at the $30.00 strike price has a current bid of 65 cents. If an investor was to sell-to-open that put contract, they are committing to purchase the stock at $30.00, but will also collect the premium, putting the cost basis of the shares at $29.35 (before broker commissions). To an investor already interested in purchasing shares of CPRT, that could represent an attractive alternative to paying $32.23/share today. Because the $30.00 strike represents an approximate 7% discount to the current trading price of the stock (in other words it is out-of-the-money by that percentage), there is also the possibility that the put contract would expire worthless. The current analytical data (including greeks and implied greeks) suggest the current odds of that happening are 70%. Stock Options Channel will track those odds over time to see how they change, publishing a chart of those numbers on our website under the contract detail page for this contract . Should the contract expire worthless, the premium would represent a 2.17% return on the cash commitment, or 3.39% annualized - at Stock Options Channel we call this the YieldBoost . Below is a chart showing the trailing twelve month trading history for Copart, Inc., and highlighting in green where the $30.00 strike is located relative to that history: Top YieldBoost Calls of the S&P 500 \u00bb The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Copart, Inc. Misses Earnings in 2014, But Took Big Strides Forward Copart, Inc may have missed analyst estimates for earnings in both the fourth quarter and for the year, but the expert in auto auctions still made a lot of solid progress with its business, including the integration of a key domestic acquisition, the finalization of relocating its headquarters and key staff to Texas, and expansion in Europe and the Middle East. Not a total loss; just some integration pains Analysts consensus estimates for Copart's fourth quarter and full-year earnings per share were $0.41 and $1.54, respectively, while Copart reported $0.39 and $1.36, respectively. Though the fourth quarter results represented an increase of almost 22% compared to the year-ago period, Copart's net income for the full year actually declined. However, a little perspective goes a long way. Copart's fiscal year 2014 acquisition of QCSA Direct expanded the company's reach, as well as its ability to participate in non-insurance markets, like the donated car auction business through Desert View Auto Auctions, which will remain a stand-alone brand. Due to a number of contractual obligations with some QCSA customers, Copart wasn't able to completely integrate the Quad Cities locations into Copart until the fourth quarter. The result was that basically zero operational efficiencies from the acquisition will occur until 2015. CEO Jay Adair from the second quarterearnings call In short, those inefficiencies have just now been worked out of the newly combined companies. Furthermore, a failed software rollout had a major impact on the full-year results. More on that later. International expansion Copart's international expansion accelerated in 2014, with the company making acquisitions in Brazil, Germany, Spain, and the United Arab Emirates. While these operations -- according to management on theearnings call-- are still not all profitable, the cost structures are essentially in place, and simple revenue growth in those markets will lead to profitability. International growth will be a key focus in coming years. On the call, Adair pointed out that Copart and its largest competitor (LKQ, a salvage operator) already have the majority of the domestic market -- which is rather mature -- and he doesn't see any significant acquisition targets out there. Internationally, however, most markets are dominated by small, regional players that don't have Copart's advantages of scale and technology. Time to trim the fat Adair also stated that the focus for 2015 will be on cost and efficiencies. While they would not specify a number or a target for reduction, the management team realizes that it's time -- with the QCSA integration behind them, the groundwork for international expansion laid, and all of the company's corporate resources now located in Texas -- to focus on ways to work on operating costs in the field, and to reduce general and administrative costs at headquarters. Adair summed it up on theearnings call Getting $29 million back? Copart took a $29.1 million impairment expense in 2014, tied to a failed integration of an SAP ERP system. The company is pursuing litigation against Sparta Consulting -- now called KPIT -- the consulting company that was contracted to implement the system. How significant is that $29.1 million? If the company can recoup those losses, it would be worth about $0.15 per share in earnings. If the ERP system had performed as expected (and the vendor installing it performed as expected) Copart would have been able to use depreciation and amortization rules to carry the cost of the system over the life of the system versus this substantial one-time charge to 2014. While there is no guarantee the Copart will win its case -- or even that it will get all $29 million back if it does win -- this is something that's worth keeping an eye on. Earnings may have declined, but much progress has been made It's not great that Copart's earnings went backwards in 2014, but this management team has a long track record of success. The good news is, a lot of groundwork has already been laid, with international expansion, the QCSA integration complete, and the wrapping up of relocating headquarters staff. All that management needs to do is fine-tune things, and profits should bounce back in 2015. Warren Buffett's worst auto-nightmare (Hint: It's not Tesla) A major technological shift is happening in the automotive industry. Most people are skeptical about its impact. Warren Buffett isn't one of them. He recently called it a \""real threat\"" to one of his favorite businesses. An executive at Ford called the technology \""fantastic.\"" The beauty for investors is that there is an easy way to ride this megatrend. Click here to access our exclusive report on this stock. The article Copart, Inc. Misses Earnings in 2014, But Took Big Strides Forward originally appeared on Fool.com. Jason Hall has no position in any stocks mentioned. The Motley Fool recommends Copart. Try any of our Foolish newsletter services free for 30 days . We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy . Copyright \u00a9 1995 - 2014 The Motley Fool, LLC. All rights reserved. The Motley Fool has a disclosure policy . The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.""]"
CPRT,2014-09-25,3.9075,3.9325,3.87,3.90875,"[""Copart Shares Fall as Earnings & Revenues Miss Estimates - Analyst Blog"", ""Auto Stock Roundup: Weak Earnings, Multiple Recalls Weigh on Stocks, Tesla Falls despite Model S Software Update - Analyst Blog"", ""Company News for September 25, 2014 - Corporate Summary"", ""Auto Stock Roundup: Weak Earnings, Multiple Recalls Weigh on Stocks, Tesla Falls despite Model S Software Update - Analyst Blog"", ""Company News for September 25, 2014 - Corporate Summary"", ""Copart Shares Fall as Earnings & Revenues Miss Estimates - Analyst Blog"", ""Company News for September 25, 2014 - Corporate Summary \u2022 Paychex, Inc.'s ( PAYX ) shares rose 3.5% after declaring fiscal first quarter earnings per share of $0.47, beating the Zacks Consensus Estimate by a cent \u2022 Shares of AAR Corp. ( AIR ) plunged 11.8% after reporting fiscal first quarter earnings per share of $0.36, missing the Zacks Consensus Estimate of $0.41 \u2022 Steelcase Inc.'s ( SCS ) shares jumped 7.2% after announcing second quarter earnings per share of $0.27, higher than the Zacks Consensus Estimate of $0.23 \u2022 Shares of Copart, Inc. ( CPRT ) declined 4.4% after posting fourth quarter earnings per share of $0.39, a couple of cents lower than the Zacks Consensus Estimate Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report PAYCHEX INC (PAYX): Free Stock Analysis Report AAR CORP (AIR): Free Stock Analysis Report STEELCASE INC (SCS): Free Stock Analysis Report COPART INC (CPRT): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Copart Shares Fall as Earnings & Revenues Miss Estimates - Analyst Blog Copart, Inc. 's ( CPRT ) shares fell 4.4% to $31.49 on Sep 24, as the company's fourth quarter and fiscal 2014 earnings and revenues missed estimates. Copart reported earnings per share (EPS) of 39 cents for fourth-quarter fiscal 2014 (ended Jul 31), up from 32 cents in the corresponding quarter last year. However, the EPS narrowly missed the Zacks Consensus Estimate of 41 cents. Net income (on a reported basis) amounted to $51 million, up 23.6% over the prior-year quarter. Copart's revenues went up 9% to $287.5 million in the quarter, missing the Zacks Consensus Estimate of $289 million. Service revenues augmented 13% to $241.3 million while revenues from vehicle sales fell 7.8% to $46.2 million. Gross margin increased 13.5% to $116.9 million (40.7% of sales) from $103.1 million (or 39.1%) in the year-ago quarter. Operating expenses increased 5.5% to $211.6 million from $200.6 million in the year-ago quarter. Operating income improved 20.3% to $75.9 million from $63.1 million recorded in the fourth quarter of fiscal 2013. Operating margin was 26.4% compared with 23.9% in the year-ago quarter. Copart, Inc - Earnings Surprise | FindTheBest Fiscal 2014 Results Copart's fiscal 2014 earnings per share dropped 2.2% to $1.36 from $1.39 in the prior year. Earnings missed the Zacks Consensus Estimate of $1.54. The reported year's earnings exclude an impairment charge of $29.1 million, while the prior-year earnings excluded the impact of incremental revenues and operating expenses due to Hurricane Sandy. Including these items, net income (on a reported basis) went down 0.7% to $178.7 million from $180 million in fiscal 2013. Annual revenues increased 11.2% year over year to $1.16 billion but missed the Zacks Consensus Estimate of $1.17 billion. Financial Details Copart had cash and cash equivalents of $158.7 million as of Jul 31, 2014 versus $63.6 million as of Jul 31, 2013. Total debt and capital lease obligations amounted to $302.9 million as of Jul 31, 2014 compared with $372.5 million as of Jul 31, 2013. During fiscal 2014, Copart generated net cash flow of $262.6 million from operations compared with $199.3 million in the same period a year ago. Capital spending was $92.1 million compared with $208 million in fiscal 2013. Copart is a prominent player in online auctions and vehicle remarketing services in the U.S., Canada, U.K. and U.A.E. along with Sotheby's ( BID ), Ritchie Bros. Auctioneers Incorporated ( RBA ) and Liquidity Services, Inc. ( LQDT ). The company provides a wide range of remarketing services to vehicle suppliers, primarily insurance companies, to process and sell salvage vehicles mainly over the Internet through its Virtual Bidding Internet auction-style sales technology. Currently, Copart carries a Zacks Rank #3 (Hold). Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report RITCHIE BROS (RBA): Free Stock Analysis Report LIQUIDITY SVCS (LQDT): Free Stock Analysis Report SOTHEBYS (BID): Free Stock Analysis Report COPART INC (CPRT): Free Stock Analysis Report To read this article on Zacks.com click here. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Auto Stock Roundup: Weak Earnings, Multiple Recalls Weigh on Stocks, Tesla Falls despite Model S Software Update - Analyst Blog"", ""Company News for September 25, 2014 - Corporate Summary"", ""Copart Shares Fall as Earnings & Revenues Miss Estimates - Analyst Blog""]"
CPRT,2014-09-26,3.91,3.9325,3.87125,3.90625,
CPRT,2014-09-29,3.8925,3.95,3.88125,3.938,
CPRT,2014-09-30,3.93625,3.96,3.895,3.9145,
CPRT,2014-10-01,3.895,3.935,3.88125,3.8975,"[""Zacks Rank #5 Additions for Wednesday - Tale of the Tape"", ""Zacks Rank #5 Additions for Wednesday - Tale of the Tape"", ""Zacks Rank #5 Additions for Wednesday - Tale of the Tape Here are 5 stocks added to the Zacks Rank #5 (Strong Sell) List today: American Capital Ltd. ( ACAS ) Blucora Inc ( BCOR ) Carrizo Oil & Gas, Inc. ( CRZO ) Charter Communications, Inc. ( CHTR ) Copart, Inc. ( CPRT ) View the entire Zacks Rank #5 List . Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report AMER CAP LTD (ACAS): Free Stock Analysis Report BLUCORA INC (BCOR): Free Stock Analysis Report CARRIZO OIL&GAS (CRZO): Free Stock Analysis Report CHARTER COMM-A (CHTR): Free Stock Analysis Report COPART INC (CPRT): Free Stock Analysis Report To read this article on Zacks.com click here. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Zacks Rank #5 Additions for Wednesday - Tale of the Tape""]"
CPRT,2014-10-02,3.91,3.9325,3.85,3.93125,
CPRT,2014-10-03,3.94625,3.9645,3.92125,3.95625,
CPRT,2014-10-06,3.9725,4.00125,3.95125,3.95375,
CPRT,2014-10-07,3.92875,3.95,3.885,3.88625,
CPRT,2014-10-08,3.89,3.9375,3.85625,3.935,
CPRT,2014-10-09,3.92125,3.9375,3.85125,3.89375,
CPRT,2014-10-10,3.9175,3.94,3.8525,3.89875,"[""Copart VP Prasad Buys 5,675 Shares @$30.95/Share -Form 4"", ""Copart VP Prasad Buys 5,675 Shares @$30.95/Share -Form 4"", ""Copart VP Prasad Buys 5,675 Shares @$30.95/Share -Form 4""]"
CPRT,2014-10-13,3.90875,3.9125,3.7775,3.78125,"New 52-Week Low Could Prompt More Insider Buying At CPRT In trading on Monday, shares of Copart, Inc. (Symbol: CPRT) touched a new 52-week low of $30.47/share. That's a $7.07 share price drop, or -18.83% decline from the 52-week high of $37.54 set back on 04/04/2014. Large percentage drops always require that the stock post even larger percentage gains from the low in order to recover the old price point, and for CPRT that means the stock would have to gain 23.20% to get back to the 52-week high. For a move like that, Copart, Inc. would need fundamental strength at the business level. Here's a rhetorical question: Who knows more about fundamentals at the business level than the company's own insiders? So let's take a look to see whether any company insiders were taking the other side of the trade as CPRT shares were being sold down to this new 52-week low, focusing on the most recent trailing six month period. As summarized by the table below, CPRT has seen 2 different instances of insiders buying over the past six months. In the short run, while the new 52-week low suggests the stock is at the cheapest price and perhaps therefore the best bargain it has been over the last 52 weeks, the low print also means anyone who has purchased the stock over that timeframe is staring at an unrealized loss. Oftentimes, that factor drives a stock's technical analysis metrics by creating overhead resistance, with investors who bought higher now anxious to reverse their trade once they are back to breakeven. The chart below shows where CPRT has traded over the past year, with the 50-day and 200-day moving averages included. Time will tell whether the insider purchases foretell a future rebound for CPRT shares, which are presently showing a last trade of $30.49/share, slightly above the new 52-week low. Ten Bargains You Can Buy Cheaper Than The Insiders Did » The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
CPRT,2014-10-14,3.79375,3.8475,3.76375,3.84,"[""Zacks Rank #5 Additions for Tuesday - Tale of the Tape"", ""Zacks Rank #5 Additions for Tuesday - Tale of the Tape"", ""Zacks Rank #5 Additions for Tuesday - Tale of the Tape Here are 5 stocks added to the Zacks Rank #5 (Strong Sell) List today: Baytex Energy Corp ( BTE ) Chesapeake Energy Corporation ( CHK ) Compressco Partners LP ( GSJK ) Copart, Inc. ( CPRT ) CRH PLC ( CRH ) View the entire Zacks Rank #5 List . Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report BAYTEX ENERGY (BTE): Free Stock Analysis Report CHESAPEAKE ENGY (CHK): Free Stock Analysis Report COMPRESSCO PTNR (GSJK): Free Stock Analysis Report COPART INC (CPRT): Free Stock Analysis Report CRH PLC-ADR (CRH): Get Free Report To read this article on Zacks.com click here. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Zacks Rank #5 Additions for Tuesday - Tale of the Tape""]"
CPRT,2014-10-15,3.79625,3.85125,3.74125,3.825,"[""An Interesting Player in the Uniform Services Industry"", ""An Interesting Player in the Uniform Services Industry"", ""An Interesting Player in the Uniform Services Industry""]"
CPRT,2014-10-16,3.7675,3.91,3.74875,3.88625,
CPRT,2014-10-17,3.915,3.93,3.875,3.89375,
CPRT,2014-10-20,3.875,3.96125,3.8475,3.96,"[""Top 4 NASDAQ Stocks In The Auto Dealerships Industry With The Highest EPS"", ""Top 4 NASDAQ Stocks In The Auto Dealerships Industry With The Highest EPS"", ""Top 4 NASDAQ Stocks In The Auto Dealerships Industry With The Highest EPS""]"
CPRT,2014-10-21,3.9775,4.03,3.95125,4.0175,
CPRT,2014-10-22,4.03375,4.1025,4.02,4.0325,
CPRT,2014-10-23,4.0675,4.1225,4.0475,4.11,
CPRT,2014-10-24,4.1075,4.12625,4.06625,4.10375,
CPRT,2014-10-27,4.09625,4.09875,4.04625,4.04625,
CPRT,2014-10-28,4.065,4.1455,4.04625,4.145,
CPRT,2014-10-29,4.15625,4.15625,4.09875,4.12375,
CPRT,2014-10-30,4.12125,4.18625,4.10625,4.18625,
CPRT,2014-10-31,4.2125,4.22375,4.15375,4.18,
CPRT,2014-11-03,4.19,4.2025,4.1425,4.175,
CPRT,2014-11-04,4.15625,4.19375,4.14875,4.15625,
CPRT,2014-11-05,4.15875,4.207,4.15875,4.195,
CPRT,2014-11-06,4.2075,4.26125,4.2075,4.25125,"[""IBD 50's Advance Auto Parts Sputters On Guidance"", ""IBD 50's Advance Auto Parts Sputters On Guidance"", ""IBD 50's Advance Auto Parts Sputters On Guidance""]"
CPRT,2014-11-07,4.2625,4.28,4.23875,4.2725,
CPRT,2014-11-10,4.27125,4.29125,4.2175,4.255,
CPRT,2014-11-11,4.2525,4.3025,4.24875,4.29875,
CPRT,2014-11-12,4.28375,4.30875,4.2675,4.28875,
CPRT,2014-11-13,4.30125,4.32375,4.262,4.27375,
CPRT,2014-11-14,4.2675,4.2825,4.23375,4.2725,
CPRT,2014-11-17,4.2725,4.30125,4.24625,4.26375,
CPRT,2014-11-18,4.26375,4.30875,4.25,4.28625,
CPRT,2014-11-19,4.28125,4.28125,4.233,4.26375,
CPRT,2014-11-20,4.25625,4.29375,4.23625,4.28125,
CPRT,2014-11-21,4.32375,4.33,4.28,4.29375,
CPRT,2014-11-24,4.3,4.335,4.2775,4.31875,"[""Earnings Scheduled For November 24, 2014"", ""Earnings Scheduled For November 24, 2014"", ""Earnings Scheduled For November 24, 2014""]"
CPRT,2014-11-25,4.42875,4.72625,4.4275,4.5325,"[""Copart Beats Q1 Earnings on Higher Service Revenues - Analyst Blog"", ""Copart Beats Q1 Earnings on Higher Service Revenues - Analyst Blog"", ""Copart Beats Q1 Earnings on Higher Service Revenues - Analyst Blog Copart, Inc. ( CPRT ) reported earnings per share (\""EPS\"") of 40 cents for first-quarter fiscal 2015 (ended Oct 31, 2014), up from 32 cents in the corresponding quarter last year. Further, the EPS surpassed the Zacks Consensus Estimate of 37 cents. Net income (on a reported basis) amounted to $52.6 million, up 27% over the prior-year quarter figure. Copart's revenues went up 3.8% to $290.4 million in the quarter, missing the Zacks Consensus Estimate of $294 million. Service revenues augmented 8.9% to $246.6 million while revenues from vehicle sales fell 18.2% to $43.8 million. Gross margin increased 13.4% to $122.3 million (42.1% of sales) from $107.8 million (or 38.5%) in the year-ago quarter. Operating expenses fell 3.2% to $208 million from $214.9 million recorded in the year-ago quarter. Operating income improved 26.9% to $82.4 million from $65 million recorded in the first quarter of fiscal 2014. Operating margin was 28.4% compared with 23.2% in the year-ago quarter. Copart, Inc - Earnings Surprise | FindTheBest Financial Details Copart had cash and cash equivalents of $198.5 million as of Oct 31, 2014 versus $158.7 million as of Jul 31, 2014. Total debt and capital lease obligations amounted to $280 million as of Oct 31, 2014 compared with $302.9 million as of Jul 31, 2014. During the first quarter of fiscal 2015, Copart generated net cash flow of $83.4 million from operations, compared with $67.7 million in the same period a year ago. Capital spending was $23.4 million compared with $21.6 million in the first quarter of fiscal 2014. Copart is a prominent player in online auctions and vehicle remarketing services in the U.S., Canada, U.K. and U.A.E. along with Sotheby's ( BID ), Ritchie Bros. Auctioneers Incorporated ( RBA ) and Liquidity Services, Inc. ( LQDT ). The company provides a wide range of remarketing services to vehicle suppliers, primarily insurance companies, to process and sell salvage vehicles mainly over the Internet through its Virtual Bidding Internet auction-style sales technology. Currently, Copart carries a Zacks Rank #3 (Hold). Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report RITCHIE BROS (RBA): Free Stock Analysis Report LIQUIDITY SVCS (LQDT): Free Stock Analysis Report SOTHEBYS (BID): Free Stock Analysis Report COPART INC (CPRT): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Copart Beats Q1 Earnings on Higher Service Revenues - Analyst Blog""]"
CPRT,2014-11-26,4.54375,4.59375,4.5325,4.5575,
CPRT,2014-11-28,4.56,4.595,4.54125,4.5425,
CPRT,2014-12-01,4.515,4.59625,4.50375,4.53875,
CPRT,2014-12-02,4.54625,4.56875,4.521,4.53,
CPRT,2014-12-03,4.53625,4.575,4.5255,4.55625,
CPRT,2014-12-04,4.5425,4.65375,4.52375,4.65,
CPRT,2014-12-05,4.67125,4.72125,4.6375,4.72,
CPRT,2014-12-08,4.71125,4.71375,4.6425,4.7,
CPRT,2014-12-09,4.6575,4.70875,4.63625,4.70375,
CPRT,2014-12-10,4.69625,4.70625,4.6175,4.62125,
CPRT,2014-12-11,4.6275,4.667,4.58,4.595,
CPRT,2014-12-12,4.55625,4.5975,4.52,4.5575,
CPRT,2014-12-15,4.5625,4.595,4.4925,4.51125,
CPRT,2014-12-16,4.505,4.5375,4.45625,4.49,
CPRT,2014-12-17,4.505,4.56625,4.4375,4.5575,
CPRT,2014-12-18,4.60875,4.62375,4.56375,4.59125,
CPRT,2014-12-19,4.5875,4.6275,4.56375,4.5925,
CPRT,2014-12-22,4.60875,4.6275,4.56625,4.5825,"[""Auto Parts Stocks Rise As Drivers Tack On The Miles"", ""Auto Parts Stocks Rise As Drivers Tack On The Miles"", ""Auto Parts Stocks Rise As Drivers Tack On The Miles""]"
CPRT,2014-12-23,4.59,4.64875,4.58375,4.59875,
CPRT,2014-12-24,4.60875,4.6425,4.58875,4.60625,
CPRT,2014-12-26,4.6225,4.6225,4.578,4.5875,
CPRT,2014-12-29,4.57875,4.63875,4.57875,4.62125,
CPRT,2014-12-30,4.6125,4.64375,4.58875,4.6125,
CPRT,2014-12-31,4.61875,4.61875,4.56125,4.56125,
CPRT,2015-01-02,4.5125,4.6025,4.5125,4.5725,
CPRT,2015-01-05,4.5525,4.57375,4.495,4.5275,"Interesting CPRT Put And Call Options For August 21st Investors in Copart, Inc. (Symbol: CPRT) saw new options begin trading this week, for the August 21st expiration. One of the key inputs that goes into the price an option buyer is willing to pay, is the time value, so with 228 days until expiration the newly trading contracts represent a possible opportunity for sellers of puts or calls to achieve a higher premium than would be available for the contracts with a closer expiration. At Stock Options Channel , our YieldBoost formula has looked up and down the CPRT options chain for the new August 21st contracts and identified one put and one call contract of particular interest. The put contract at the $35.00 strike price has a current bid of 65 cents. If an investor was to sell-to-open that put contract, they are committing to purchase the stock at $35.00, but will also collect the premium, putting the cost basis of the shares at $34.35 (before broker commissions). To an investor already interested in purchasing shares of CPRT, that could represent an attractive alternative to paying $36.45/share today. Because the $35.00 strike represents an approximate 4% discount to the current trading price of the stock (in other words it is out-of-the-money by that percentage), there is also the possibility that the put contract would expire worthless. The current analytical data (including greeks and implied greeks) suggest the current odds of that happening are 63%. Stock Options Channel will track those odds over time to see how they change, publishing a chart of those numbers on our website under the contract detail page for this contract . Should the contract expire worthless, the premium would represent a 1.86% return on the cash commitment, or 2.97% annualized - at Stock Options Channel we call this the YieldBoost . Below is a chart showing the trailing twelve month trading history for Copart, Inc., and highlighting in green where the $35.00 strike is located relative to that history: Turning to the calls side of the option chain, the call contract at the $40.00 strike price has a current bid of 25 cents. If an investor was to purchase shares of CPRT stock at the current price level of $36.45/share, and then sell-to-open that call contract as a ""covered call,"" they are committing to sell the stock at $40.00. Considering the call seller will also collect the premium, that would drive a total return (excluding dividends, if any) of 10.43% if the stock gets called away at the August 21st expiration (before broker commissions). Of course, a lot of upside could potentially be left on the table if CPRT shares really soar, which is why looking at the trailing twelve month trading history for Copart, Inc., as well as studying the business fundamentals becomes important. Below is a chart showing CPRT's trailing twelve month trading history, with the $40.00 strike highlighted in red: Considering the fact that the $40.00 strike represents an approximate 10% premium to the current trading price of the stock (in other words it is out-of-the-money by that percentage), there is also the possibility that the covered call contract would expire worthless, in which case the investor would keep both their shares of stock and the premium collected. The current analytical data (including greeks and implied greeks) suggest the current odds of that happening are 70%. On our website under the contract detail page for this contract , Stock Options Channel will track those odds over time to see how they change and publish a chart of those numbers (the trading history of the option contract will also be charted). Should the covered call contract expire worthless, the premium would represent a 0.69% boost of extra return to the investor, or 1.10% annualized, which we refer to as the YieldBoost . The implied volatility in the put contract example is 22%, while the implied volatility in the call contract example is 20%. Meanwhile, we calculate the actual trailing twelve month volatility (considering the last 251 trading day closing values as well as today's price of $36.45) to be 18%. For more put and call options contract ideas worth looking at, visit StockOptionsChannel.com. Top YieldBoost Calls of the S&P 500 » The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
CPRT,2015-01-06,4.54375,4.55,4.43,4.47625,
CPRT,2015-01-07,4.4925,4.50875,4.45,4.49,
CPRT,2015-01-08,4.515,4.55625,4.50375,4.53625,
CPRT,2015-01-09,4.5425,4.5525,4.5075,4.515,"[""Gas Prices, Longer-Lived Cars Lift Auto Parts Stocks"", ""Gas Prices, Longer-Lived Cars Lift Auto Parts Stocks"", ""Gas Prices, Longer-Lived Cars Lift Auto Parts Stocks For years, auto parts retailers like AutoZone and O'Reilly Automotive have delivered steady financial gains, thanks to an aging fleet of cars on the road. As recession-weary consumers put off buying new vehicles, the average age of cars has continued to rise. So has demand for replacement parts and repair work. The upshot for the aftermarket parts industry has been a consistent flow of new business. Leading auto parts retailers such asAutoZone ( AZO ),O'Reilly ( ORLY ),Genuine Parts ( GPC ) andAdvance Auto Parts ( AAP ) have produced years of top- and bottom-line growth. They continued to do so in 2014, and are expected to keep it up this year. Meanwhile, the stocks -- all part of IBD's Retail/Wholesale-Auto Parts group -- generally have enjoyed a steady rise in value. The group touched a record high on Dec. 31, and on Friday was up 23% from an October low. The industry's new wrinkle is that the stocks have kept climbing even as new-vehicle sales in the U.S. reached their highest point since the middle of last decade. U.S. light vehicle sales hit 16.44 million units in 2014, according to a Jan. 5 report from Sterne Agee. That was the highest total since 2006. Those numbers are expected to keep ticking higher this year. Numerous industry forecasters -- including Kelley Blue Book, TrueCar, LMC Automotive and J.D. Power & Associates -- project that new-vehicle sales will reach about 17 million units in 2015. In theory, a rise in new-car sales should hurt the aftermarket parts industry. In the past, more new cars on the road meant less need for replacement parts and repair work. That's no longer necessarily the case. Morningstar analyst Liang Feng points out that a rise in new-car sales doesn't translate into fewer older cars on the road. \""Investors have been concerned that new vehicle sales will reduce aftermarket parts demand, but what we are seeing is that even people buying new vehicles are keeping older cars as second vehicles or selling them to someone else. So you still see demand,\"" Feng told IBD. \""We've also seen an increase in the overall used-car market because vehicles are lasting longer.\"" The average age of light vehicles on the road in the U.S. stands at 11.4 years, according to the most recent estimates from industry researcher IHS Automotive. That figure is expected to hold steady this year and then tick up to 11.5 years by 2017 and 11.7 years by 2019. Meanwhile, the auto parts market has gotten another lift from lower prices at the gas pump. \""With gas prices at multiyear lows, we expect vehicle miles traveled to continue to grow, increasing demand for auto parts while providing relief to the low-income consumer,\"" Sterne Agee analysts Ali Faghri and Michael Ward noted in a recent report. They cited AAA data showing that the average price for unleaded gas in the U.S. in November was $2.77 a gallon. That was around 15% lower than a year earlier and the lowest price in over four years. Sterne Agee also cited Department of Transportation data showing that U.S. vehicle miles traveled in October increased 2.1% from the previous year. It was the eighth straight month of gains. The number of miles driven was up 0.9% year to date through October, the latest month for which data are available. 1. Business IBD's Retail/Wholesale Auto Parts group includes nine stocks and, on Friday, ranked No. 45 out of 197 industries tracked by IBD. That ranking is up from No. 117 as recently as 13 weeks ago. O'Reilly rates highest in the group with a Composite Rating of 99 from IBD. Others in the group with Composite Ratings of 90 or higher are Advance Auto Parts, Genuine Parts and Copart. Not all stocks in the group are parts retailers.Copart ( CPRT ) conducts salvage vehicle auctions for insurers, charities, dealerships, banks and other organizations.LKQ (LKQ) is an auto recycler, with a national network distributing salvaged auto parts to repair shops. The retailers themselves do more than just sell parts to weekend Do-It-Yourself (DIY) mechanics. They also provide wholesale parts to mechanics and auto shops, and some also provide in-house auto repair and maintenance services -- all of which falls under what the industry calls its Do-It-For-Me (DIFM) segment -- for customers who don't want to do the repair work themselves. 2. Market/Climate Although some investors might view the aftermarket auto parts sector as a defensive play -- one that does best in shaky economies -- the current years-long run of gains and financial success has outlived that notion. \""The trend toward the aftermarket has been going on for a long time,\"" Feng said. \""There might be some cyclical factors, but the long-term trend has been favorable.\"" The U.S. light-vehicle auto care market is expected to reach $254 billion this year, according to data from the Auto Care Association (ACA), an industry trade group that represents parts manufacturers, distributors and retailers as well as repair shops. That's up 3% from about $246 billion in 2014. The figure is seen climbing to around $273 billion in 2017. \""The thing we see that's most interesting is that, even in the face of high gas prices, the industry has done very well. With gas prices going down, it only stands to benefit,\"" said Ron Rossi, the ACA's director of market intelligence. Sterne Agee's Faghri expects retailers with strong commercial programs -- namely, O'Reilly and Genuine Parts -- to outperform the group as a whole when 2014 fourth-quarter results come in. 3. Technology Changes in technology are affecting the aftermarket parts industry in a few different ways. The most prominent has to do with the cars themselves: they work better than they used to, and they are equipped with systems that make them easier to diagnose, maintain and repair. \""No question cars are being built to last longer,\"" Rossi said. \""Technology is playing a part both in terms of what's in the car to keep it on the road longer and also in terms of diagnostics available both on-board and in the shops.\"" E-commerce is having an effect as well. As more consumers look to save money by purchasing auto parts online -- either direct from manufacturers or through third-party distributors -- retail shops will likely see a drop in business. Though that poses a threat to the auto parts business, just as it has for other retail businesses, Morningstar's Feng warns against overstating the threat. \""The main concern with e-commerce is, if you want to buy the part cheaply you can get it for a much lower price online,\"" he said. \""At the same time, it takes longer to get the part when you order it online, and most consumers are impatient when it comes to getting their cars fixed. Most would rather go the shop and purchase the part immediately than wait for it to come in the mail.\"" 4. Outlook Lower gas prices should have the most immediate impact on the aftermarket auto parts industry, watchers say. \""Gas prices are down significantly, and that will encourage people to use their vehicles more, so we assume miles will increase and lead to more wear and tear and business volume for our industry,\"" the ACA's Rossi told IBD. \""Things look very positive for our industry going forward.\"" In addition to boosting the number of miles people drive, lower gas prices \""also have a positive effect on discretionary spending, especially for the low income consumer,\"" Sterne Agee's Faghri and Ward noted. \""The extra disposable income could help unleash the over $40 billion\"" in spending on deferred vehicle maintenance, they said. This in turn \""could provide even more growth\"" to the aftermarket auto parts industry. In a separate report, the two analysts said lower gas prices \""will also help expedite the shift towards the larger and fast-growing Do-It-For-Me segment and away from Do-It-Yourself, as consumers are more likely to use a repair shop rather than service their vehicles on their own.\"" The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Gas Prices, Longer-Lived Cars Lift Auto Parts Stocks""]"
CPRT,2015-01-12,4.51,4.51,4.44,4.45375,
CPRT,2015-01-13,4.47125,4.53,4.38625,4.44,
CPRT,2015-01-14,4.39875,4.44,4.36625,4.41625,
CPRT,2015-01-15,4.42125,4.47375,4.3625,4.37625,"[""KAR Auction Services: Worth Bidding For This Market"", ""KAR Auction Services: Worth Bidding For This Market"", ""KAR Auction Services: Worth Bidding For This Market""]"
CPRT,2015-01-16,4.37125,4.395,4.3175,4.37625,
CPRT,2015-01-20,4.395,4.4075,4.35625,4.375,
CPRT,2015-01-21,4.3745,4.4595,4.3575,4.4575,
CPRT,2015-01-22,4.45875,4.58,4.44375,4.5675,
CPRT,2015-01-23,4.5745,4.62875,4.562,4.6125,
CPRT,2015-01-26,4.615,4.655,4.6,4.6525,
CPRT,2015-01-27,4.61625,4.65625,4.58875,4.6025,
CPRT,2015-01-28,4.6325,4.6375,4.575,4.585,
CPRT,2015-01-29,4.58625,4.627,4.5475,4.615,
CPRT,2015-01-30,4.60125,4.625,4.55375,4.575,
CPRT,2015-02-02,4.6025,4.6475,4.5375,4.64,
CPRT,2015-02-03,4.6625,4.725,4.6175,4.725,
CPRT,2015-02-04,4.6975,4.72125,4.64,4.64875,
CPRT,2015-02-05,4.65375,4.7075,4.65375,4.68625,
CPRT,2015-02-06,4.7275,4.7275,4.66875,4.70875,
CPRT,2015-02-09,4.6875,4.735,4.655,4.71,"[""Markel CIO Tom Gayner Buys Deere & Co, Unilever, Schlumberger, Sells Berkshire Hathaway, ..."", ""Markel CIO Tom Gayner Buys Deere & Co, Unilever, Schlumberger, Sells Berkshire Hathaway, ..."", ""Markel CIO Tom Gayner Buys Deere & Co, Unilever, Schlumberger, Sells Berkshire Hathaway, ...""]"
CPRT,2015-02-10,4.74875,4.75,4.68125,4.73125,
CPRT,2015-02-11,4.71875,4.73625,4.675,4.72875,"[""Westport Buys Apparel Retailer Express During Q4"", ""Westport Buys Apparel Retailer Express During Q4"", ""Westport Buys Apparel Retailer Express During Q4""]"
CPRT,2015-02-12,4.74375,4.75625,4.7075,4.7425,
CPRT,2015-02-13,4.74,4.77125,4.72625,4.77125,
CPRT,2015-02-17,4.76125,4.77375,4.7275,4.74625,
CPRT,2015-02-18,4.7475,4.7575,4.71625,4.755,
CPRT,2015-02-19,4.74625,4.77875,4.7225,4.74125,"[""Sotheby's (BID) Acquires 25% Stake in RM Auctions - Analyst Blog"", ""Sotheby's (BID) Acquires 25% Stake in RM Auctions - Analyst Blog"", ""Sotheby's (BID) Acquires 25% Stake in RM Auctions - Analyst Blog Sotheby's ( BID ) has purchased a 25% stake in RM Auctions, a premier auctioneer of collectible automobiles. The latter will now be renamed RM Sotheby's. RM Sotheby's first auction will be held at Amelia Island, FL, on Mar 14, followed by other auctions at Fort Worth, TX, Lake Como, Italy, Monterey, CA, London, England and New York in this year. The companies have teamed up on several occasions earlier, including the famed Art of the Automobile auction in New York, held in Nov 2013. Sotheby's interest in RM auction stemmed from the fact that the market for finest automobiles, already valued at $2 billion, continues to expand, bringing plethora of new opportunities for both the parties. The combination of RM Auctions expertise in the automobile market and Sotheby's huge client base will help in capturing the market more effectively. Going forward, Sotheby's has stated that it might increase its stake in RM Auctions when opportunity arises. Sotheby's, which competes with Copart, Inc. ( CPRT ), is one of the world's leading auctioneers of jewelry, real estate, fine and decorative art, and collectibles. Headquartered in New York City, the company has massive operations in the United States along with international operations in countries like United Kingdom, China, Switzerland and France. The company will announce its fourth-quarter 2014 results on Mar 2, 2015. Our proven model does not conclusively show that Sotheby's is likely to beat the Zacks Consensus Estimate this quarter. This is because it carries a Zacks Rank #2 (Buy) and an Earnings ESP of -3.23%. For a stock to outperform, it needs both a positive Earnings ESP and a Zacks Rank #1, 2 or 3. Other stocks to Consider Apart from Sotheby's, other stocks worth considering include Liquidity Services, Inc. ( LQDT ) and Ritchie Bros. Auctioneers Inc. ( RBA ). Both carry a Zacks Rank #2. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report SOTHEBYS (BID): Free Stock Analysis Report RITCHIE BROS (RBA): Free Stock Analysis Report LIQUIDITY SVCS (LQDT): Free Stock Analysis Report COPART INC (CPRT): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Sotheby's (BID) Acquires 25% Stake in RM Auctions - Analyst Blog""]"
CPRT,2015-02-20,4.74125,4.7575,4.66375,4.75,
CPRT,2015-02-23,4.73,4.7625,4.68,4.69,"[""Notable earnings after Tuesday's close"", ""Notable earnings after Tuesday's close"", ""Notable earnings after Tuesday's close""]"
CPRT,2015-02-24,4.69625,4.77375,4.65375,4.7,"[""Copart EPS in-line, misses on revenue"", ""Bank of America Upgrades Copart to Buy"", ""Copart Reports Q2 EPS $0.40, Inline, Sales $276.3M vs $301.2M Est."", ""Bank of America Upgrades Copart to Buy"", ""Copart EPS in-line, misses on revenue"", ""After-Hours Earnings Report for February 24, 2015 : HPQ, EIX, CLR, VRSK, JAZZ, NLY, AWK, RRC, Y, FSLR, NDSN, CPRT The following companies are expected to report earnings after hours on 02/24/2015. Visit our Earnings Calendar for a full list of expected earnings releases. Hewlett-Packard Company ( HPQ ) is reporting for the quarter ending January 31, 2015. The computer company's consensus earnings per share forecast from the 13 analysts that follow the stock is $0.91. This value represents a 1.11% increase compared to the same quarter last year. In the past year HPQ has met analyst expectations twice and beat the expectations the other two quarters. Zacks Investment Research reports that the 2015 Price to Earnings ratio for HPQ is 9.67 vs. an industry ratio of 20.10. Edison International ( EIX ) is reporting for the quarter ending December 31, 2014. The electric power utilities company's consensus earnings per share forecast from the 7 analysts that follow the stock is $0.84. This value represents a 6.33% increase compared to the same quarter last year. In the past year EIX has beat the expectations every quarter. The highest one was in the 3rd calendar quarter where they beat the consensus by 12.59%. Zacks Investment Research reports that the 2014 Price to Earnings ratio for EIX is 15.16 vs. an industry ratio of 15.70. Continental Resources, Inc. ( CLR ) is reporting for the quarter ending December 31, 2014. The oil (us exp & production) company's consensus earnings per share forecast from the 18 analysts that follow the stock is $0.55. This value represents a 11.29% decrease compared to the same quarter last year. Zacks Investment Research reports that the 2014 Price to Earnings ratio for CLR is 16.20 vs. an industry ratio of 11.20, implying that they will have a higher earnings growth than their competitors in the same industry. Verisk Analytics, Inc. ( VRSK ) is reporting for the quarter ending December 31, 2014. The business info service company's consensus earnings per share forecast from the 11 analysts that follow the stock is $0.63. This value represents a 14.55% increase compared to the same quarter last year. In the past year VRSK has met analyst expectations three times and beat the expectations the other quarter. Zacks Investment Research reports that the 2014 Price to Earnings ratio for VRSK is 28.37 vs. an industry ratio of 22.90, implying that they will have a higher earnings growth than their competitors in the same industry. Jazz Pharmaceuticals plc ( JAZZ ) is reporting for the quarter ending December 31, 2014. The drug company's consensus earnings per share forecast from the 1 analyst that follows the stock is $2.14. This value represents a 40.79% increase compared to the same quarter last year. JAZZ missed the consensus earnings per share in the 4th calendar quarter of 2013 by -7.88%. Zacks Investment Research reports that the 2014 Price to Earnings ratio for JAZZ is 22.85 vs. an industry ratio of 3.40, implying that they will have a higher earnings growth than their competitors in the same industry. Annaly Capital Management Inc ( NLY ) is reporting for the quarter ending December 31, 2014. The reit company's consensus earnings per share forecast from the 10 analysts that follow the stock is $0.31. This value represents a 11.43% decrease compared to the same quarter last year. NLY missed the consensus earnings per share in the 1st calendar quarter of 2014 by -14.81%. Zacks Investment Research reports that the 2014 Price to Earnings ratio for NLY is 9.40 vs. an industry ratio of 11.40. American Water Works ( AWK ) is reporting for the quarter ending December 31, 2014. The water supply company's consensus earnings per share forecast from the 7 analysts that follow the stock is $0.51. This value represents a 8.51% increase compared to the same quarter last year. AWK missed the consensus earnings per share in the 2nd calendar quarter of 2014 by -4.62%. Zacks Investment Research reports that the 2014 Price to Earnings ratio for AWK is 22.63 vs. an industry ratio of 17.40, implying that they will have a higher earnings growth than their competitors in the same industry. Range Resources Corporation ( RRC ) is reporting for the quarter ending December 31, 2014. The oil (us exp & production) company's consensus earnings per share forecast from the 1 analyst that follows the stock is $0.22. This value represents a 8.33% decrease compared to the same quarter last year. Zacks Investment Research reports that the Price to Earnings ratio for RRC is 0.00 vs. an industry ratio of 11.20. Alleghany Corporation ( Y ) is reporting for the quarter ending December 31, 2014. The insurance (property & casualty) company's consensus earnings per share forecast from the 1 analyst that follows the stock is $8.88. This value represents a 27.04% increase compared to the same quarter last year. Y missed the consensus earnings per share in the 4th calendar quarter of 2013 by -5.28%. Zacks Investment Research reports that the 2014 Price to Earnings ratio for Y is 14.08 vs. an industry ratio of 15.10. First Solar, Inc. ( FSLR ) is reporting for the quarter ending December 31, 2014. The solar company's consensus earnings per share forecast from the 7 analysts that follow the stock is $0.77. This value represents a 13.48% decrease compared to the same quarter last year. Zacks Investment Research reports that the 2014 Price to Earnings ratio for FSLR is 17.79 vs. an industry ratio of 11.60, implying that they will have a higher earnings growth than their competitors in the same industry. Nordson Corporation ( NDSN ) is reporting for the quarter ending January 31, 2015. The machinery company's consensus earnings per share forecast from the 8 analysts that follow the stock is $0.66. This value represents a 17.86% increase compared to the same quarter last year. NDSN missed the consensus earnings per share in the 1st calendar quarter of 2014 by -8.2%. Zacks Investment Research reports that the 2015 Price to Earnings ratio for NDSN is 18.76 vs. an industry ratio of 15.70, implying that they will have a higher earnings growth than their competitors in the same industry. Copart, Inc. ( CPRT ) is reporting for the quarter ending January 31, 2015. The auction company's consensus earnings per share forecast from the 7 analysts that follow the stock is $0.41. This value represents a 10.81% increase compared to the same quarter last year. Zacks Investment Research reports that the 2015 Price to Earnings ratio for CPRT is 21.69 vs. an industry ratio of 25.00. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Copart Reports Q2 EPS $0.40, Inline, Sales $276.3M vs $301.2M Est."", ""Bank of America Upgrades Copart to Buy"", ""Copart EPS in-line, misses on revenue""]"
CPRT,2015-02-25,4.52375,4.80125,4.51,4.795,"[""Copart (CPRT) Misses Q2 Earnings and Revenue Estimates - Analyst Blog"", ""Copart Reports Q2 EPS $0.40, Inline, Sales $276.3M vs $301.2M Est."", ""Copart (CPRT) Misses Q2 Earnings and Revenue Estimates - Analyst Blog"", ""Copart (CPRT) Misses Q2 Earnings and Revenue Estimates - Analyst Blog Copart, Inc. ( CPRT ) reported earnings per share (\""EPS\"") of 40 cents for second-quarter fiscal 2015 (ended Jan 31, 2015), up from 35 cents in the corresponding quarter last year. However, EPS missed the Zacks Consensus Estimate of 41 cents. Net income (on a reported basis) amounted to $52.2 million, up 15.1% from the prior-year quarter. Copart Inc. - Earnings Surprise | FindTheBest Copart's revenues went down 3.6% to $276.3 million in the quarter, missing the Zacks Consensus Estimate of $302 million. Service revenues augmented 1.2% to $238.5 million while revenues from vehicle sales fell 25.6% to $37.8 million. Gross margin increased 3% to $114.9 million (41.6% of sales) from $111.5 million (or 38.9%) in the year-ago quarter. Operating expenses fell 8.9% to $195.8 million from $215 million recorded in the year-ago quarter. Operating income improved 12.6% to $80.5 million from $71.5 million recorded in the second quarter of fiscal 2014. Financial Details Copart had cash and cash equivalents of $590.4 million as of Jan 31, 2015 versus $158.7 million as of Jul 31, 2014. Total debt and capital lease obligations amounted to $684.4 million as of Jan 31, 2015, compared with $302.9 million as of Jul 31, 2014. During the first half of fiscal 2015, Copart generated net cash flow of $88.9 million from operations, compared with $75.8 million in the same period a year ago. Capital spending was $39.5 million, compared with $66 million in the first half of fiscal 2014. Copart is a prominent player in online auctions and vehicle remarketing services in the U.S., Canada, U.K. and U.A.E., along with Sotheby's ( BID ), Ritchie Bros. Auctioneers Incorporated ( RBA ) and Liquidity Services, Inc. ( LQDT ). The company provides a wide range of remarketing services to vehicle suppliers, primarily insurance companies, to process and sell salvage vehicles. This is done mainly over the Internet, through its Virtual Bidding Internet auction-style sales technology. Currently, Copart carries a Zacks Rank #3 (Hold). Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report RITCHIE BROS (RBA): Free Stock Analysis Report LIQUIDITY SVCS (LQDT): Free Stock Analysis Report SOTHEBYS (BID): Free Stock Analysis Report COPART INC (CPRT): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Copart (CPRT) Misses Q2 Earnings and Revenue Estimates - Analyst Blog""]"
CPRT,2015-02-26,4.7875,4.8125,4.7325,4.74,
CPRT,2015-02-27,4.74,4.75375,4.67375,4.6775,
CPRT,2015-03-02,4.67125,4.76375,4.67125,4.76125,
CPRT,2015-03-03,4.7475,4.77625,4.72375,4.73375,"[""AutoZone Tops Views As Weather, Gas Prices Help"", ""AutoZone Tops Views As Weather, Gas Prices Help"", ""AutoZone Tops Views As Weather, Gas Prices Help""]"
CPRT,2015-03-04,4.73375,4.73375,4.64125,4.65875,
CPRT,2015-03-05,4.655,4.665,4.6225,4.65875,
CPRT,2015-03-06,4.64375,4.67375,4.59125,4.6525,
CPRT,2015-03-09,4.66625,4.685,4.64375,4.6525,
CPRT,2015-03-10,4.7,4.7,4.57375,4.585,
CPRT,2015-03-11,4.57,4.60625,4.5375,4.60125,
CPRT,2015-03-12,4.62875,4.67875,4.6075,4.665,
CPRT,2015-03-13,4.6725,4.6725,4.59875,4.66,"[""Can O'Reilly Automotive Stay In The Fast Lane?"", ""Can O'Reilly Automotive Stay In The Fast Lane?"", ""Can O'Reilly Automotive Stay In The Fast Lane? W hen it comes to accelerating profit, O'Reilly Automotive operates in high gear.O'Reilly ( ORLY ), highly rated by IBD, has logged 16 straight quarters of double-digit profit growth. Analysts see it staying in the fast lane as the specialty retailer of aftermarket auto parts continues to rev up its business by luring commercial and do-it-yourself customers with top-flight service, a deep and broad-based inventory and far-flung distribution capabilities. Lower gas prices should prompt people to drive more and put more stress on their cars, fueling demand for parts and services from O'Reilly and its large auto parts retail peers, includingAutoZone ( AZO ) andAdvance Auto Parts ( AAP ), analysts say. Last year, O'Reilly and other auto parts retailers got a nice jolt from the extremely cold winter, which increased wear and tear on cars, driving up demand for auto parts. DIY Does Well O'Reilly generates about 58% of its sales from do-it-yourself customers, who take on their own repairs, and the remaining 42% from professional service providers, including garages, repair shops and paint and body shops. At the end of last year it had 4,366 stores in 43 states. It has 26 regional distribution centers. O'Reilly's stock has been enjoying an impressive run. The company's share price shot up 50% in 2014. It's risen 8% so far this year. Why the investor enthusiasm? \""The industry had very favorable weather last year, which helped create a lot of demand,\"" said SunTrust Robinson Humphrey analyst Robert Higginbotham. \""Everyone's revenue grew nicely. Just as that tailwind seemed to fade, gas prices fell. So there was a nice handoff from weather to lower gas prices.\"" O'Reilly and other auto parts retailers have been \""consolidating\"" the industry and taking share from the mom-and-pop players, he adds, which has increased their negotiating power with a very \""fragmented\"" vendor base. \""That has driven big gains in margin and working capital efficiency, which has also (helped) the stock performance.\"" he said. \""With longer and longer payment terms from their vendors -- having more days to pay -- players like O'Reilly have been able to fund inventory at almost zero cost, which allows them to take even more share from the mom-and-pops. (That) leads to even better negotiating leverage and so on, a dynamic which (I refer) to as the 'auto parts retail virtuous cycle.'\"" O'Reilly's stock popped around 8% on Feb. 5, following a strong fourth-quarter report late the day before. Earnings climbed 26% to $1.76 a share, ahead of the consensus view of analysts polled by Thomson Reuters. Revenue rose 9% to $1.76 billion, also beating forecasts. Same-store sales rose a hefty 6.3% from a year earlier. O'Reilly management did not respond to a phone call requesting a comment for this story. The company announced that it approved a resolution to increase the authorization amount under its share repurchase program by an additional $500 million, raising the aggregate authorization to $5 billion. The additional $500 million is effective for a three-year period beginning on Feb. 4. Robert W. Baird & Co. analyst Craig Kennison calls O'Reilly a \""wonderful\"" company. \""At the end of the day, commercial repair shops are in the business of fixing cars and the best way to serve them is to have the right part at the right time at the right price when they need it,\"" he said. \""It's about parts fulfillment. I think O'Reilly has the right distribution infrastructure to get parts to consumers and repair shops when they need it. \""If you look at the financial metrics, (O'Reilly generates) a tremendous return on capital, it has very strong cash flow and a good (stock) buyback strategy to return capital to shareholders,\"" he added. What differentiates O'Reilly from the other auto parts retailers is that it has the \""strongest history and most consistent execution of a mix of retail and commercial businesses,\"" adds Higginbotham. He says that auto parts retailers that historically have had a retail focus are \""moving more\"" into the commercial business. \""O'Reilly has the most dense distribution of all the players,\"" he added. \""It has the most distribution centers per store. That allows them to fulfill orders more efficiently, more often, which is more crucial in the commercial business than the retail business.\"" The commercial business, Higginbotham adds, is a \""different ball game\"" in terms of having to be able to say yes to as many requests as possible. He says that having the supply of products to meet the requests means investing a lot in inventory and distribution. \""O'Reilly is best at doing that,\"" he said. Higginbotham says that several years ago, store growth was the big driver of O'Reilly's strong performance. More recently, it's been a function of the company's \""superiority\"" in terms of execution, which has helped it gain a lot of market share, he adds. Analysts polled by Thomson Reuters expect O'Reilly to see a 16% rise in full-year 2015 earnings to $8.55 a share. They expect a 13% gain in 2016 and a 14% increase in 2017 -- lower growth than in years past but still strong. Low Gas Prices Drive Business Lower gas prices should be a nice tailwind for the industry, says Higginbotham. \""Lower gas prices are an important driver because if gas is cheaper, people tend to drive more and it puts more wear and tear on their cars,\"" he said. They tend to benefit the low-income consumer -- the do-it-yourself customer -- the most, he adds. Lower gas prices can have a \""meaningful\"" impact on spending on car repairs, adds Kennison. \""In a tough economy people will defer spending on car repairs,\"" he said. \""At some point the deferment catches up. \""Lower gas prices give consumers the resources to fix some deferred maintenance items.\"" O'Reilly is part of IBD's Retail-Wholesale-Auto Parts industry group, which also includes Advance Auto Parts, AutoZone,Copart ( CPRT ),Pep Boys ( PBY ) and a handful of others. O'Reilly gets the highest IBD Composite Rating of those companies, a 98 out of a possible 99, factoring in metrics such as earnings growth and stock price gains. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Can O'Reilly Automotive Stay In The Fast Lane?""]"
CPRT,2015-03-16,4.6725,4.7225,4.65375,4.71625,
CPRT,2015-03-17,4.70625,4.71375,4.6625,4.67625,
CPRT,2015-03-18,4.6625,4.6925,4.62,4.66875,
CPRT,2015-03-19,4.66875,4.67375,4.62875,4.67125,
CPRT,2015-03-20,4.685,4.7325,4.63375,4.725,
CPRT,2015-03-23,4.72875,4.73,4.68375,4.69125,
CPRT,2015-03-24,4.68875,4.70375,4.655,4.6825,
CPRT,2015-03-25,4.6825,4.71875,4.575,4.57625,
CPRT,2015-03-26,4.5475,4.61625,4.52375,4.59375,
CPRT,2015-03-27,4.595,4.6525,4.5825,4.64875,
CPRT,2015-03-30,4.66875,4.6975,4.65125,4.6875,
CPRT,2015-03-31,4.6625,4.70275,4.64375,4.69625,
CPRT,2015-04-01,4.6975,4.7125,4.64,4.69375,
CPRT,2015-04-02,4.70375,4.78625,4.685,4.71,
CPRT,2015-04-06,4.6725,4.76875,4.6725,4.765,"[""Can Auto Parts Stocks Motor Higher?"", ""Can Auto Parts Stocks Motor Higher?"", ""Can Auto Parts Stocks Motor Higher?""]"
CPRT,2015-04-07,4.7725,4.77975,4.72125,4.7275,
CPRT,2015-04-08,4.72,4.765,4.70875,4.76,
CPRT,2015-04-09,4.76375,4.77875,4.7175,4.73375,
CPRT,2015-04-10,4.7425,4.76,4.7175,4.7325,
CPRT,2015-04-13,4.73125,4.76,4.7,4.71,
CPRT,2015-04-14,4.72,4.72,4.66125,4.7,
CPRT,2015-04-15,4.7175,4.77375,4.695,4.72625,"[""Top 4 Mid-Cap Stocks In The Auto Dealerships Industry With The Highest ROI"", ""Top 4 Mid-Cap Stocks In The Auto Dealerships Industry With The Highest ROI"", ""Top 4 Mid-Cap Stocks In The Auto Dealerships Industry With The Highest ROI""]"
CPRT,2015-04-16,4.73125,4.73125,4.67875,4.6975,
CPRT,2015-04-17,4.655,4.7375,4.60875,4.625,
CPRT,2015-04-20,4.6775,4.6975,4.6375,4.67625,
CPRT,2015-04-21,4.7075,4.7075,4.645,4.66875,
CPRT,2015-04-22,4.6275,4.68875,4.62,4.64875,
CPRT,2015-04-23,4.62625,4.6725,4.62625,4.6675,
CPRT,2015-04-24,4.67625,4.67625,4.63625,4.64625,
CPRT,2015-04-27,4.655,4.71125,4.565,4.58125,
CPRT,2015-04-28,4.49875,4.5825,4.49875,4.57625,"[""SunTrust Robinson Humphrey Initiates Coverage on Copart at Reduce, Announces $33.00 PT"", ""Benzinga's Top Initiations"", ""SunTrust Robinson Humphrey Initiates Copart With Reduce"", ""SunTrust Robinson Humphrey Initiates Copart With Reduce"", ""Benzinga's Top Initiations"", ""SunTrust Robinson Humphrey Initiates Coverage on Copart at Reduce, Announces $33.00 PT"", ""SunTrust Robinson Humphrey Initiates Copart With Reduce"", ""Benzinga's Top Initiations"", ""SunTrust Robinson Humphrey Initiates Coverage on Copart at Reduce, Announces $33.00 PT""]"
CPRT,2015-04-29,4.57375,4.57625,4.51,4.53375,
CPRT,2015-04-30,4.5025,4.53375,4.435,4.44625,
CPRT,2015-05-01,4.4775,4.51625,4.465,4.47125,
CPRT,2015-05-04,4.48875,4.535,4.48875,4.49625,
CPRT,2015-05-05,4.4975,4.5125,4.38125,4.395,"CPRT Crosses Below Key Moving Average Level In trading on Tuesday, shares of Copart, Inc. (Symbol: CPRT) crossed below their 200 day moving average of $35.33, changing hands as low as $35.05 per share. Copart, Inc. shares are currently trading off about 2.2% on the day. The chart below shows the one year performance of CPRT shares, versus its 200 day moving average: Looking at the chart above, CPRT's low point in its 52 week range is $29.93 per share, with $38.50 as the 52 week high point - that compares with a last trade of $35.16. According to the ETF Finder at ETF Channel, CPRT makes up 1.08% of the PowerShares S&P MidCap Low Volatility Portfolio ETF (Symbol: XMLV) which is trading lower by about 1.6% on the day Tuesday. Click here to find out which 9 other stocks recently crossed below their 200 day moving average » The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
CPRT,2015-05-06,4.38625,4.40375,4.34875,4.38125,
CPRT,2015-05-07,4.37125,4.4175,4.37125,4.38875,
CPRT,2015-05-08,4.4325,4.44125,4.37875,4.39125,
CPRT,2015-05-11,4.3925,4.42375,4.38625,4.39,
CPRT,2015-05-12,4.375,4.41125,4.34375,4.40375,
CPRT,2015-05-13,4.41,4.432,4.37625,4.37875,
CPRT,2015-05-14,4.41375,4.46,4.36875,4.4275,
CPRT,2015-05-15,4.42375,4.45075,4.39375,4.41375,
CPRT,2015-05-18,4.415,4.4625,4.415,4.45875,"[""Top 4 Mid-Cap Stocks In The Auto Dealerships Industry With The Highest Operating Margin"", ""Top 4 Mid-Cap Stocks In The Auto Dealerships Industry With The Highest Operating Margin"", ""Top 4 Mid-Cap Stocks In The Auto Dealerships Industry With The Highest Operating Margin""]"
CPRT,2015-05-19,4.483,4.483,4.44625,4.45625,"[""Advance Auto Parts (AAP) Q1 Earnings: What's in Store? - Analyst Blog"", ""Advance Auto Parts (AAP) Q1 Earnings: What's in Store? - Analyst Blog"", ""Advance Auto Parts (AAP) Q1 Earnings: What's in Store? - Analyst Blog Advance Auto Parts Inc.AAP is expected to report first-quarter 2015 results on May 21. In the last quarter, the company had posted a positive earnings surprise of 4.05%. Let's see how things are shaping up for this announcement. Factors Influencing this Quarter Advance Auto Parts enhances profits through its relentless focus on store expansion. During the 53-week period ended Jan 3, 2015, Advance Auto Parts opened 151 stores and closed 19. The rise in store count ensures higher availability of parts to customers, thereby leading to higher sales volume. In addition, the company benefits from its hub store strategy. Also, Advance Auto Parts is poised to benefit as the industry continues to show stability with the increasing average age of vehicles, along with a rise in the number of miles driven. The combination of a steadily improving job market and lower gasoline prices will have a positive impact on the company's results. However, price competition remains a threat for Advance Auto Parts, as it competes with national and regional automotive retailers. Moreover, the improvement in the quality of new vehicles leads to reduced need for the maintenance and repair of parts. This, in turn, hampers demand in the automotive maintenance market. Earnings Whispers Our proven model does not conclusively show that Advance Auto Parts is likely to beat earnings this quarter. This is because a stock needs to have both a positive Earnings ESP and a Zacks Rank #1, 2 or 3 for this to happen. This is not the case here, as you will see below: Zacks ESP: Advance Auto Parts' Earnings ESP is -1.20% as the Most Accurate estimate stands at $2.47, while the Zacks Consensus Estimate is pegged at $2.50. Zacks Rank: Advance Auto Parts' Zacks Rank #3 (Hold) increases the predictive power of ESP. However, we need to have a positive ESP to be confident about an earnings surprise. We caution against stocks with a Zacks Rank #4 and 5 (Sell-rated stocks) going into the earnings announcement, especially when the company is seeing negative estimate revisions. Stocks to Consider AutoZone, Inc. AZO , with an Earnings ESP of +0.63% and a Zacks Rank #3, is a stock in the auto sector that is expected to beat earnings this season. The company's third-quarter fiscal 2015 financial results are scheduled for release on May 26. CarMax Inc. KMX will release first-quarter fiscal 2016 results on Jun 19. The company carries a Zacks Rank #2 (Buy). Copart, Inc. CPRT will post third-quarter fiscal 2015 results on May 27. The company has a Zacks Rank #3. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report >> Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report ADVANCE AUTO PT (AAP): Free Stock Analysis Report AUTOZONE INC (AZO): Free Stock Analysis Report CARMAX GP (CC) (KMX): Free Stock Analysis Report COPART INC (CPRT): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Advance Auto Parts (AAP) Q1 Earnings: What's in Store? - Analyst Blog""]"
CPRT,2015-05-20,4.4475,4.4825,4.4375,4.4475,
CPRT,2015-05-21,4.4525,4.47625,4.40625,4.43625,
CPRT,2015-05-22,4.455,4.4575,4.42125,4.44875,"[""Can AutoZone (AZO) Beat Q3 Earnings on High Store Count? - Analyst Blog"", ""Can AutoZone (AZO) Beat Q3 Earnings on High Store Count? - Analyst Blog"", ""Can AutoZone (AZO) Beat Q3 Earnings on High Store Count? - Analyst Blog AutoZone, Inc.AZO is expected to report third-quarter fiscal 2015 (ended May 9, 2015) results on May 26. In the last quarter, the company had posted a positive earnings surprise of 2.20%. Let's see how things are shaping up for this announcement. Why a Likely Positive Surprise? Our proven model shows that AutoZone is likely to beat earnings estimates because it has the right combination of the two key ingredients. Zacks ESP : Earnings ESP , which represents the difference between the Most Accurate estimate and the Zacks Consensus Estimate, is currently pegged at +0.63%. A favorable Zacks ESP serves as a meaningful and leading indicator of a likely positive earnings surprise. Zacks Rank: AutoZone currently carries a Zacks Rank #3 (Hold). Note that stocks with a Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 have a significantly higher chance of beating earnings. Conversely, we caution against stocks with a Zacks Rank #4 and 5 (Sell-rated stocks) going into the earnings announcement, especially when the company is seeing negative estimate revisions. AutoZone's Zacks Rank #3 and positive ESP make us reasonably confident of a positive earnings beat on May 26. What is Driving the Better-than-Expected Earnings? AutoZone's earnings per share have grown in double digits for 34 consecutive quarters. Earnings are expected to rise further, driven by flourishing revenues and higher gross margin from both the retail and commercial businesses, together with increasing store count and regular share buybacks. AutoZone is also focused on growing same-store sales. AutoZone uses its significant cash flow to open new stores every year.In the first half of fiscal 2015, the company opened 59 stores in the U.S. and 9 stores in Mexico. Additionally, it completed the acquisition of 17 branches of Interamerican Motor Corporation. The increased store count will help boost the company's revenues. Stocks to Consider CarMax Inc. KMX will release first-quarter fiscal 2016 results on Jun 19. The company carries a Zacks Rank #2. Copart, Inc. CPRT will post third-quarter fiscal 2015 results on May 27. The company has a Zacks Rank #3. Navistar International Corporation NAV will post second-quarter fiscal 2015 results on Jun 4. The company has a Zacks Rank #3. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days.Click to get this free report >> Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report NAVISTAR INTL (NAV): Free Stock Analysis Report AUTOZONE INC (AZO): Free Stock Analysis Report CARMAX GP (CC) (KMX): Free Stock Analysis Report COPART INC (CPRT): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Can AutoZone (AZO) Beat Q3 Earnings on High Store Count? - Analyst Blog""]"
CPRT,2015-05-26,4.4525,4.46,4.40625,4.4125,"[""Notable earnings after Wednesday's close"", ""Notable earnings after Wednesday's close"", ""Notable earnings after Wednesday's close""]"
CPRT,2015-05-27,4.41,4.465,4.40625,4.44625,"[""Copart misses by $0.05, misses on revenue"", ""Earnings Scheduled For May 27, 2015"", ""Copart Q3 EPS $0.44 vs $0.49 est, Revenue $297.1M vs $311.7M est"", ""Copart Q3 EPS $0.44 vs $0.49 est, Revenue $297.1M vs $311.7M est"", ""Earnings Scheduled For May 27, 2015"", ""Copart misses by $0.05, misses on revenue"", ""After-Hours Earnings Report for May 27, 2015 : COST, PANW, UHAL, CPRT, SMTC, PLKI, ANW, TLYS, SPTN The following companies are expected to report earnings after hours on 05/27/2015. Visit our Earnings Calendar for a full list of expected earnings releases. Costco Wholesale Corporation ( COST ) is reporting for the quarter ending May 31, 2015. The discount retail company's consensus earnings per share forecast from the 14 analysts that follow the stock is $1.15. This value represents a 7.48% increase compared to the same quarter last year. COST missed the consensus earnings per share in the 2nd calendar quarter of 2014 by -1.83%. Zacks Investment Research reports that the 2015 Price to Earnings ratio for COST is 27.39 vs. an industry ratio of 25.60, implying that they will have a higher earnings growth than their competitors in the same industry. Palo Alto Networks, Inc. ( PANW ) is reporting for the quarter ending April 30, 2015. The communications company's consensus earnings per share forecast from the 4 analysts that follow the stock is $-0.18. This value represents a 28.00% increase compared to the same quarter last year. Zacks Investment Research reports that the 2015 Price to Earnings ratio for PANW is -234.06 vs. an industry ratio of 25.60. Amerco ( UHAL ) is reporting for the quarter ending March 31, 2015. The transportation company's consensus earnings per share forecast from the 1 analyst that follows the stock is $2.17. This value represents a 8.50% increase compared to the same quarter last year. Zacks Investment Research reports that the 2015 Price to Earnings ratio for UHAL is 16.32 vs. an industry ratio of 10.90, implying that they will have a higher earnings growth than their competitors in the same industry. Copart, Inc. ( CPRT ) is reporting for the quarter ending April 30, 2015. The auction company's consensus earnings per share forecast from the 7 analysts that follow the stock is $0.50. This value represents a 8.70% increase compared to the same quarter last year. Zacks Investment Research reports that the 2015 Price to Earnings ratio for CPRT is 20.40 vs. an industry ratio of 60.30. Semtech Corporation ( SMTC ) is reporting for the quarter ending April 30, 2015. The semiconductor company's consensus earnings per share forecast from the 1 analyst that follows the stock is $0.19. This value represents a 20.83% decrease compared to the same quarter last year. Zacks Investment Research reports that the 2016 Price to Earnings ratio for SMTC is 15.99 vs. an industry ratio of 26.40. Popeyes Louisiana Kitchen, Inc. ( PLKI ) is reporting for the quarter ending March 31, 2015. The restaurant company's consensus earnings per share forecast from the 3 analysts that follow the stock is $0.53. This value represents a 15.22% increase compared to the same quarter last year. PLKI missed the consensus earnings per share in the 2nd calendar quarter of 2014 by -2.5%. Zacks Investment Research reports that the 2015 Price to Earnings ratio for PLKI is 30.17 vs. an industry ratio of 6.40, implying that they will have a higher earnings growth than their competitors in the same industry. Aegean Marine Petroleum Network Inc. ( ANW ) is reporting for the quarter ending March 31, 2015. The shipping company's consensus earnings per share forecast from the 5 analysts that follow the stock is $0.24. This value represents a 33.33% increase compared to the same quarter last year. The \""days to cover\"" for this stock exceeds 14 days. Zacks Investment Research reports that the 2015 Price to Earnings ratio for ANW is 12.47 vs. an industry ratio of -6.90, implying that they will have a higher earnings growth than their competitors in the same industry. Tilly's, Inc. ( TLYS ) is reporting for the quarter ending April 30, 2015. The retail (shoe) company's consensus earnings per share forecast from the 5 analysts that follow the stock is $0.04. This value represents a 100.00% increase compared to the same quarter last year. In the past year TLYS has met analyst expectations twice and beat the expectations the other two quarters. Zacks Investment Research reports that the 2016 Price to Earnings ratio for TLYS is 21.90 vs. an industry ratio of 14.20, implying that they will have a higher earnings growth than their competitors in the same industry. SpartanNash Company ( SPTN ) is reporting for the quarter ending March 31, 2015. The wholesale food company's consensus earnings per share forecast from the 3 analysts that follow the stock is $0.41. This value represents a 2.50% increase compared to the same quarter last year. SPTN missed the consensus earnings per share in the 1st calendar quarter of 2014 by -2.44%. Zacks Investment Research reports that the 2015 Price to Earnings ratio for SPTN is 0.00 vs. an industry ratio of -14.00, implying that they will have a higher earnings growth than their competitors in the same industry. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Copart Q3 EPS $0.44 vs $0.49 est, Revenue $297.1M vs $311.7M est"", ""Earnings Scheduled For May 27, 2015"", ""Copart misses by $0.05, misses on revenue""]"
CPRT,2015-05-28,4.1875,4.35625,4.17,4.30375,"[""Copart's (CPRT) CEO Jayson Adair on Q3 2015 Results - Earnings Call Transcript"", ""Copart's (CPRT) Q3 Earnings Miss Estimates, Improve Y/Y - Analyst Blog"", ""Copart's (CPRT) Q3 Earnings Miss Estimates, Improve Y/Y - Analyst Blog"", ""Copart's (CPRT) CEO Jayson Adair on Q3 2015 Results - Earnings Call Transcript"", ""Copart's (CPRT) Q3 Earnings Miss Estimates, Improve Y/Y - Analyst Blog Copart, Inc.CPRT reported earnings per share (\""EPS\"") of 44 cents for third-quarter fiscal 2015 (ended Apr 30, 2015), up from 31 cents in the corresponding quarter of fiscal 2014. However, EPS missed the Zacks Consensus Estimate of 50 cents. Net income (on a reported basis) amounted to $57.6 million, up 40.8% over the prior-year quarter figure. Copart's revenues went down 4.1% to $297.1 million in the quarter, missing the Zacks Consensus Estimate of $312 million. Service revenues inched up 0.6% to $256.6 million, while revenues from vehicle sales fell 25.8% to $40.6 million. Gross margin decreased 3.7% to $127.4 million (42.9% of sales) in the reported quarter from $132.3 million (42.7% of sales) a year ago. Operating expenses fell 18.1% to $202.4 million from $247.1 million recorded in the year-ago quarter. Operating income improved 51.3% to $94.8 million from $62.6 million recorded in the third quarter of fiscal 2014. Financial Details Copart had cash and cash equivalents of $678.7 million as of Apr 30, 2015, compared with $158.7 million as of Jul 31, 2014. Total debt and capital lease obligations amounted to $664.9 million as of Apr 30, 2015, compared with $302.9 million as of Jul 31, 2014. During the first nine months of fiscal 2015, Copart generated net cash flow of $203.4 million from operations, compared with $207.6 million in the same period a year ago. Capital spending was $49.1 million, compared with $78.1 million in the first nine months of fiscal 2014. Copart is a prominent player in online auctions and vehicle remarketing services in the U.S., Canada, U.K. and U.A.E., along with Sotheby's BID , Ritchie Bros. Auctioneers Inc. RBA and Liquidity Services, Inc. LQDT . The company, with a Zacks Rank #3 (Hold), provides a wide range of remarketing services to vehicle suppliers, primarily insurance companies, to process and sell salvage vehicles. This is done mainly over the Internet, through its Virtual Bidding Internet auction-style sales technology. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days.Click to get this free report >> Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report COPART INC (CPRT): Free Stock Analysis Report RITCHIE BROS (RBA): Free Stock Analysis Report LIQUIDITY SVCS (LQDT): Free Stock Analysis Report SOTHEBYS (BID): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Copart's (CPRT) Q3 Earnings Miss Estimates, Improve Y/Y - Analyst Blog"", ""Copart's (CPRT) CEO Jayson Adair on Q3 2015 Results - Earnings Call Transcript""]"
CPRT,2015-05-29,4.43375,4.45625,4.3225,4.325,"[""SunTrust Robinson Humphrey Upgrades Copart to Neutral"", ""SunTrust Robinson Humphrey Upgrades Copart To Neutral"", ""Benzinga's Top Upgrades"", ""Benzinga's Top Upgrades"", ""SunTrust Robinson Humphrey Upgrades Copart To Neutral"", ""SunTrust Robinson Humphrey Upgrades Copart to Neutral"", ""Benzinga's Top Upgrades"", ""SunTrust Robinson Humphrey Upgrades Copart To Neutral"", ""SunTrust Robinson Humphrey Upgrades Copart to Neutral""]"
CPRT,2015-06-01,4.335,4.3625,4.26875,4.275,
CPRT,2015-06-02,4.2625,4.30625,4.25625,4.2925,
CPRT,2015-06-03,4.29,4.3475,4.29,4.31875,
CPRT,2015-06-04,4.4375,4.4875,4.40625,4.445,"[""Copart Commences Modified Dutch Auction To Purchase 13.888M Shares Of Its Stock For Between $34.75-$36/Share"", ""Copart Commences Modified Dutch Auction To Purchase 13.888M Shares Of Its Stock For Between $34.75-$36/Share"", ""Copart Commences Modified Dutch Auction To Purchase 13.888M Shares Of Its Stock For Between $34.75-$36/Share""]"
CPRT,2015-06-05,4.4825,4.4825,4.4425,4.46875,
CPRT,2015-06-08,4.45375,4.48,4.43875,4.43875,"[""KAR Auction Services Analyst Upgrade Could Be Imminent"", ""KAR Auction Services Analyst Upgrade Could Be Imminent"", ""KAR Auction Services Analyst Upgrade Could Be Imminent""]"
CPRT,2015-06-09,4.435,4.46125,4.4325,4.45,
CPRT,2015-06-10,4.45875,4.485,4.455,4.4625,"[""New Strong Sell Stocks for June 10th - Tale of the Tape"", ""New Strong Sell Stocks for June 10th - Tale of the Tape"", ""New Strong Sell Stocks for June 10th - Tale of the Tape Here are 5 stocks added to the Zacks Rank #5 (Strong Sell) List today: Abaxis Inc ( ABAX ) Abengoa SA ( ABGB ) Community Financial Corp ( TCFC ) Copart, Inc. ( CPRT ) Delta Natural Gas Company, Inc. ( DGAS ) View the entire Zacks Rank #5 List . Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report ABAXIS INC (ABAX): Free Stock Analysis Report ABENGOA SA (ABGB): Free Stock Analysis Report COMMNTY FIN CP (TCFC): Free Stock Analysis Report COPART INC (CPRT): Free Stock Analysis Report DELTA NAT GAS (DGAS): Free Stock Analysis Report To read this article on Zacks.com click here. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""New Strong Sell Stocks for June 10th - Tale of the Tape""]"
CPRT,2015-06-11,4.46875,4.48625,4.45,4.485,
CPRT,2015-06-12,4.4775,4.48375,4.45375,4.47125,"[""Copart (CPRT) Opens Third Facility in the Middle East - Analyst Blog"", ""Copart (CPRT) Opens Third Facility in the Middle East - Analyst Blog"", ""Copart (CPRT) Opens Third Facility in the Middle East - Analyst Blog Copart, Inc.CPRT has recently opened its third facility, Copart Muscat Auctions LLC, in the Middle East. Located in Oman, the new facility will hold its first auction on Jun 23, 2015. Conveniently placed near major shipping ports, this facility will prove beneficial both for logistics as well as domestic and international buyers and sellers who use Copart's auction services. The facility will help Copart to widen its capacity and meet customers' needs. The UAE ranks second in the international market for cars sold from Copart's North American yards. Hence, the new facility will aid the company to give buyers faster access to Copart's auction stock. Copart has been focusing on expanding in the Middle East over the last few years. In 2012, it established its Middle Eastern headquarters in Dubai, UAE. Last month, it opened a facility in Manama, Bahrain. Copart is a provider of online auctions and vehicle remarketing services. The company's services include online supplier access, salvage estimation services, virtual insured exchange, transportation services, vehicle inspection stations, on-demand reporting, DMV processing, flexible vehicle processing programs, buyer network, and sales process, as well as CoPartfinder, an Internet-based used vehicle parts locator that provides vehicle dismantlers with resale opportunities for their salvage purchases. The company currently carries a Zacks Rank #4 (Sell). Better-ranked automobile stocks include The Goodyear Tire & Rubber Company GT , PACCAR Inc. PCAR and U.S. Auto Parts Network, Inc. PRTS . Goodyear currently sports a Zacks Rank #1 (Strong Buy), while PACCAR and U.S. Auto Parts carry a Zacks Rank #2 (Buy). Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days.Click to get this free report >> Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report PACCAR INC (PCAR): Free Stock Analysis Report GOODYEAR TIRE (GT): Free Stock Analysis Report COPART INC (CPRT): Free Stock Analysis Report US AUTO PARTS (PRTS): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Copart (CPRT) Opens Third Facility in the Middle East - Analyst Blog""]"
CPRT,2015-06-15,4.45375,4.48,4.43375,4.4625,"[""New Strong Sell Stocks for June 15th - Tale of the Tape"", ""New Strong Sell Stocks for June 15th - Tale of the Tape"", ""New Strong Sell Stocks for June 15th - Tale of the Tape Here are 5 stocks added to the Zacks Rank #5 (Strong Sell) List today: AVX Corporation ( AVX ) Bank of Marin Bancorp ( BMRC ) Brady Corp ( BRC ) Copart, Inc. ( CPRT ) Craft Brew Alliance Inc ( BREW ) View the entire Zacks Rank #5 List . Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report AVX CORP (AVX): Free Stock Analysis Report BANK OF MARIN (BMRC): Free Stock Analysis Report BRADY CORP CL A (BRC): Free Stock Analysis Report COPART INC (CPRT): Free Stock Analysis Report CRAFT BREW ALLN (BREW): Free Stock Analysis Report To read this article on Zacks.com click here. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""New Strong Sell Stocks for June 15th - Tale of the Tape""]"
CPRT,2015-06-16,4.46,4.51875,4.4475,4.5,
CPRT,2015-06-17,4.5,4.51875,4.4525,4.46,
CPRT,2015-06-18,4.47875,4.525,4.47625,4.49375,
CPRT,2015-06-19,4.505,4.505,4.47125,4.47875,
CPRT,2015-06-22,4.51,4.51125,4.4775,4.48375,
CPRT,2015-06-23,4.495,4.4975,4.47375,4.4875,
CPRT,2015-06-24,4.49125,4.49625,4.4525,4.4575,"[""New Strong Sell Stocks for June 24th - Tale of the Tape"", ""Georgia Department Of Revenue Issues Copart Inc. A Notice Of Proposed Assessment For Uncollected Sales Tax Of $73.8M, Including Penalties And Interest"", ""Georgia Department Of Revenue Issues Copart Inc. A Notice Of Proposed Assessment For Uncollected Sales Tax Of $73.8M, Including Penalties And Interest"", ""New Strong Sell Stocks for June 24th - Tale of the Tape"", ""New Strong Sell Stocks for June 24th - Tale of the Tape Here are 5 stocks added to the Zacks Rank #5 (Strong Sell) List today: Alliance Holdings GP, L.P. ( AHGP ) Booz Allen Hamilton Holding Corporation ( BAH ) Cabot Corp ( CBT ) Con-way Inc ( CNW ) Copart, Inc. ( CPRT ) View the entire Zacks Rank #5 List . Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report ALLIANCE HLDGS (AHGP): Free Stock Analysis Report BOOZ ALLEN HMLT (BAH): Free Stock Analysis Report CABOT CORP (CBT): Free Stock Analysis Report CON-WAY INC (CNW): Free Stock Analysis Report COPART INC (CPRT): Free Stock Analysis Report To read this article on Zacks.com click here. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Georgia Department Of Revenue Issues Copart Inc. A Notice Of Proposed Assessment For Uncollected Sales Tax Of $73.8M, Including Penalties And Interest"", ""New Strong Sell Stocks for June 24th - Tale of the Tape""]"
CPRT,2015-06-25,4.46125,4.48375,4.45,4.45875,
CPRT,2015-06-26,4.4625,4.4875,4.45875,4.465,
CPRT,2015-06-29,4.45375,4.4675,4.4175,4.42,
CPRT,2015-06-30,4.4425,4.46875,4.42125,4.435,
CPRT,2015-07-01,4.48625,4.48625,4.4375,4.455,
CPRT,2015-07-02,4.4575,4.47125,4.435,4.44125,
CPRT,2015-07-06,4.4425,4.475,4.4375,4.47125,
CPRT,2015-07-07,4.49375,4.52625,4.4725,4.505,"[""Copart Announces Preliminary Results of Its Tender Offer"", ""Copart Announces Preliminary Results of Its Tender Offer"", ""Copart Announces Preliminary Results of Its Tender Offer""]"
CPRT,2015-07-08,4.4825,4.5125,4.3975,4.41,
CPRT,2015-07-09,4.40125,4.4525,4.40125,4.40875,
CPRT,2015-07-10,4.4275,4.46125,4.405,4.43125,"[""Copart Announces Final Results of Its Tender Offer, Acquires 6.254M Shares At $36.00, For $225.1M Total Value"", ""Copart Announces Final Results of Its Tender Offer, Acquires 6.254M Shares At $36.00, For $225.1M Total Value"", ""Copart Announces Final Results of Its Tender Offer, Acquires 6.254M Shares At $36.00, For $225.1M Total Value""]"
CPRT,2015-07-13,4.49375,4.49875,4.42125,4.48625,
CPRT,2015-07-14,4.5,4.52875,4.49625,4.51625,"[""InsiderInsights.com Daily Round Up 7/13/15: Lawson Products, Atlas Energy, TetraLogic Pharmaceuticals, Santa Fe Financial"", ""Copart to Buy 6.25 Million Shares Under Dutch Tender Offer - Analyst Blog"", ""A Smashed Car Is Gold To Copart"", ""InsiderInsights.com Daily Round Up 7/13/15: Lawson Products, Atlas Energy, TetraLogic Pharmaceuticals, Santa Fe Financial"", ""Copart to Buy 6.25 Million Shares Under Dutch Tender Offer - Analyst Blog"", ""A Smashed Car Is Gold To Copart"", ""Copart to Buy 6.25 Million Shares Under Dutch Tender Offer - Analyst Blog Shares of Copart, Inc.CPRT gained 0.5% to reach $35.45 on Jul 10 after the company announced the results of its modified Dutch Auction tender offer. Based on the response received for the offer, the company has decided to repurchase 6,254,061 shares of its common stock at $36.00 per share. This will amount to total expenses of $225.1 million for Copart. The number of shares to be repurchased represents 4.9% of the company's outstanding shares. Copart planned to purchase up to 11% of its outstanding shares, i.e. 13,888,888 shares, at a price between $34.75 and $36.00 under the offer announced on Jun 4, 2015. Copart is a provider of online auctions and vehicle remarketing services. The company's services include online supplier access, salvage estimation services, virtual insured exchange, transportation services, vehicle inspection stations, on-demand reporting, DMV processing, flexible vehicle processing programs, buyer network, and sales process, as well as CoPartfinder, an Internet-based used vehicle parts locator that provides vehicle dismantlers with resale opportunities for their salvage purchases. The company currently carries a Zacks Rank #4 (Sell). Better-ranked automobile stocks include The Goodyear Tire & Rubber Company GT , PACCAR Inc. PCAR and Pep Boys - Manny, Moe & Jack PBY . Pep Boys currently sports a Zacks Rank #1 (Strong Buy), while both Goodyear and PACCAR carry a Zacks Rank #2 (Buy). Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days.Click to get this free report >> Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report PACCAR INC (PCAR): Free Stock Analysis Report GOODYEAR TIRE (GT): Free Stock Analysis Report PEP BOYS M M &J (PBY): Free Stock Analysis Report COPART INC (CPRT): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Tuesday 7/14 Insider Buying Report: GCO, CPRT Bargain hunters are wise to pay careful attention to insider buying, because although there are many various reasons for an insider to sell a stock, presumably the only reason they would use their hard-earned cash to make a purchase, is that they expect to make money. Today we look at two noteworthy recent insider buys. On Friday, Genesco ( GCO )'s Director, James S. Beard, made a $199,636 buy of GCO, purchasing 3,000 shares at a cost of $66.55 each. Beard was up about 1.5% on the buy at the high point of today's trading session, with GCO trading as high as $67.55 at last check today. Genesco is trading up about 0.3% on the day Tuesday. This buy marks the first one filed by Beard in the past twelve months. And at Copart ( CPRT ), there was insider buying on Friday, by SVP Strategic Initiatives Vikrant Bhatia who purchased 5,500 shares for a cost of $35.43 each, for a total investment of $194,875. Copart is trading up about 0.6% on the day Tuesday. Bhatia was up about 2.0% on the purchase at the high point of today's trading session, with CPRT trading as high as $36.13 at last check today. VIDEO: Tuesday 7/14 Insider Buying Report: GCO, CPRT The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""InsiderInsights.com Daily Round Up 7/13/15: Lawson Products, Atlas Energy, TetraLogic Pharmaceuticals, Santa Fe Financial"", ""Copart to Buy 6.25 Million Shares Under Dutch Tender Offer - Analyst Blog"", ""A Smashed Car Is Gold To Copart""]"
CPRT,2015-07-15,4.52625,4.56,4.505,4.5525,
CPRT,2015-07-16,4.585,4.59,4.555,4.57875,
CPRT,2015-07-17,4.5775,4.6,4.56,4.5775,
CPRT,2015-07-20,4.575,4.59625,4.56,4.57625,
CPRT,2015-07-21,4.57125,4.585,4.48625,4.48875,
CPRT,2015-07-22,4.4625,4.515,4.43,4.51,"Copart Breaks Below 200-Day Moving Average - Notable for CPRT In trading on Wednesday, shares of Copart, Inc. (Symbol: CPRT) crossed below their 200 day moving average of $35.84, changing hands as low as $35.44 per share. Copart, Inc. shares are currently trading up about 0.2% on the day. The chart below shows the one year performance of CPRT shares, versus its 200 day moving average: Looking at the chart above, CPRT's low point in its 52 week range is $29.93 per share, with $38.50 as the 52 week high point - that compares with a last trade of $36.03. According to the ETF Finder at ETF Channel, CPRT makes up 1.21% of the PowerShares S&P MidCap Low Volatility Portfolio ETF (Symbol: XMLV) which is trading up by about 0.5% on the day Wednesday. Click here to find out which 9 other stocks recently crossed below their 200 day moving average » The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
CPRT,2015-07-23,4.5,4.535,4.4825,4.4875,
CPRT,2015-07-24,4.49125,4.5,4.4175,4.4275,
CPRT,2015-07-27,4.38875,4.44625,4.37625,4.40625,
CPRT,2015-07-28,4.43375,4.485,4.4,4.465,
CPRT,2015-07-29,4.4625,4.50625,4.45125,4.5,
CPRT,2015-07-30,4.4875,4.5125,4.4525,4.48375,
CPRT,2015-07-31,4.49875,4.53125,4.46375,4.50375,
CPRT,2015-08-03,4.5175,4.525,4.4725,4.51625,
CPRT,2015-08-04,4.51125,4.55375,4.485,4.5225,
CPRT,2015-08-05,4.54,4.58125,4.53125,4.54375,
CPRT,2015-08-06,4.55125,4.57825,4.4875,4.4975,
CPRT,2015-08-07,4.49625,4.52375,4.47875,4.52125,
CPRT,2015-08-10,4.5375,4.5775,4.51875,4.56375,
CPRT,2015-08-11,4.53375,4.54375,4.5075,4.52875,"[""Advance Auto Parts (AAP) Q2 Earnings: A Surprise in Store?"", ""Advance Auto Parts (AAP) Q2 Earnings: A Surprise in Store?"", ""Advance Auto Parts (AAP) Q2 Earnings: A Surprise in Store?""]"
CPRT,2015-08-12,4.4925,4.51625,4.4425,4.5025,
CPRT,2015-08-13,4.49375,4.52125,4.4625,4.505,
CPRT,2015-08-14,4.5,4.56375,4.48,4.5475,
CPRT,2015-08-17,4.5325,4.59375,4.505,4.5925,
CPRT,2015-08-18,4.57375,4.59,4.56125,4.5625,
CPRT,2015-08-19,4.53625,4.55125,4.48375,4.51375,"[""A Used-Car Portfolio To Profit From A Sluggish Economy"", ""A Used-Car Portfolio To Profit From A Sluggish Economy"", ""A Used-Car Portfolio To Profit From A Sluggish Economy""]"
CPRT,2015-08-20,4.47125,4.49375,4.415,4.415,
CPRT,2015-08-21,4.385,4.4,4.3225,4.32375,
CPRT,2015-08-24,4.19125,4.29,4.105,4.18375,
CPRT,2015-08-25,4.21875,4.27625,4.17,4.19625,
CPRT,2015-08-26,4.26375,4.275,4.15625,4.265,
CPRT,2015-08-27,4.2925,4.34125,4.25125,4.34,
CPRT,2015-08-28,4.33375,4.37625,4.31375,4.37375,
CPRT,2015-08-31,4.3525,4.38875,4.3425,4.3775,
CPRT,2015-09-01,4.30875,4.34125,4.225,4.23125,
CPRT,2015-09-02,4.27125,4.38125,4.25375,4.3775,
CPRT,2015-09-03,4.38875,4.41,4.345,4.35875,
CPRT,2015-09-04,4.30625,4.375,4.27875,4.36,
CPRT,2015-09-08,4.42,4.4275,4.35,4.41875,
CPRT,2015-09-09,4.4275,4.4375,4.36125,4.37,
CPRT,2015-09-10,4.36625,4.4175,4.3625,4.38875,"[""Fenix Parts: This Automobile Parts Seller Could Be Headed To The Junkyard"", ""Fenix Parts: This Automobile Parts Seller Could Be Headed To The Junkyard"", ""Fenix Parts: This Automobile Parts Seller Could Be Headed To The Junkyard""]"
CPRT,2015-09-11,4.3725,4.39875,4.34,4.38,
CPRT,2015-09-14,4.38625,4.40125,4.3275,4.33625,
CPRT,2015-09-15,4.33875,4.40875,4.32125,4.40125,
CPRT,2015-09-16,4.405,4.4225,4.37875,4.415,
CPRT,2015-09-17,4.415,4.45625,4.39875,4.41125,
CPRT,2015-09-18,4.35,4.40625,4.33875,4.345,
CPRT,2015-09-21,4.3725,4.4275,4.36375,4.38625,"[""Is Accenture (ACN) Likely to Beat Q4 Earnings Estimates?"", ""Notable earnings after Tuesday's close"", ""Notable earnings after Tuesday's close"", ""Is Accenture (ACN) Likely to Beat Q4 Earnings Estimates?"", ""Is Accenture (ACN) Likely to Beat Q4 Earnings Estimates? We expect Accenture plcACN to beat expectations when it reports fourth-quarter fiscal 2015 results on Sep 24. Why a Likely Positive Surprise? Our proven model shows that Accenture is likely to beat earnings because it has the right combination of two key ingredients. Zacks ESP:Earnings ESP , which represents the difference between the Most Accurate estimate ($1.12 per share) and the Zacks Consensus Estimate ($1.11), stands at +0.90%. This is very meaningful and indicates a likely positive earnings surprise for shares. Zacks Rank: Accenture has a Zacks Rank #3 (Hold). Note that stocks with a Zacks Rank #1 (Strong Buy), 2 (Buy) and 3 have a significantly higher chance of beating earnings. The Sell-rated stocks (#4 and 5) should never be considered going into an earnings announcement. The combination of Accenture's Zacks Rank #3 and +0.90% ESP makes us very confident in looking for an earnings beat. What is Driving the Better-than-Expected Earnings? We are encouraged by Accenture's strategy of growing through product innovation and acquisitions. Also, increased focus on the Outsourcing business, new bookings and consistent return of shareholders value are the other positives. Accenture's solid performance across insurance, banking and health care segments reflects strong demand for its services, which should aid earnings in the fourth quarter. Moreover, the management consulting & technology services giant has surpassed the Zacks Consensus Estimate in three out of the last four quarters with an average positive earnings surprise of 3.74%. Other Stocks to Consider Here are some other companies you may want to consider as our model shows that they have the right combination of elements to post an earnings beat: Carnival Corporation CCL , with an Earnings ESP of +0.62% and a Zacks Rank #2. Copart Inc. CPRT , with an Earnings ESP of +2.56% and a Zacks Rank #3. Nike Inc. NKE , with an Earnings ESP of +0.85% and a Zacks Rank #3. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days.Click to get this free report >> Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report ACCENTURE PLC (ACN): Free Stock Analysis Report CARNIVAL CORP (CCL): Free Stock Analysis Report NIKE INC-B (NKE): Free Stock Analysis Report COPART INC (CPRT): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Notable earnings after Tuesday's close"", ""Is Accenture (ACN) Likely to Beat Q4 Earnings Estimates?""]"
CPRT,2015-09-22,4.345,4.35875,4.28,4.29625,"[""COPART"", ""Earnings Scheduled For September 22, 2015"", ""Copart Reports Q4 EPS $0.44 vs. Est. $0.39, Rev. $282.3M vs. Est. $282.16M"", ""Copart Reports Q4 EPS $0.44 vs. Est. $0.39, Rev. $282.3M vs. Est. $282.16M"", ""Earnings Scheduled For September 22, 2015"", ""COPART"", ""Earnings Reaction History: Copart Inc., 33.3% Follow-Through Indicator, 3.8% Sensitive Expected Earnings Release: 09/22/2015, After-hours Avg. Extended-Hours Dollar Volume: $1,079,969 Copart Inc. ( CPRT ) is due to issue its quarterly earnings report in the upcoming extended-hours session. Given its history, traders can expect light trading in the issue immediately following its quarterly earnings announcement. Historical earnings event related premarket and after-hours trading activity in CPRT indicates that the price change in the extended hours is likely to be of limited value in forecasting additional price movement by the following regular session close. Last 12 Qtrs Positive Only Price Reactions Last 12 Qtrs Negative Only Price Reactions Percent of time added to extended-hours losses: 33.3% Average next regular session additional loss: 1.6% Over that same historical period, when shares of CPRT dropped in the extended-hours in reaction to its earnings announcement, history shows that 33.3% of the time (1 event) the stock dropped further, adding to the extended-hours losses by an average of 1.6% by the following regular session close. Data provided by the MT Pro service at MTNewswires.com. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. Copyright (C) 2016 MTNewswires.com. All rights reserved. Unauthorized reproduction is strictly prohibited. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""After-Hours Earnings Report for September 22, 2015 : CPRT, LPTH The following companies are expected to report earnings after hours on 09/22/2015. Visit our Earnings Calendar for a full list of expected earnings releases. Copart, Inc. ( CPRT ) is reporting for the quarter ending July 31, 2015. The auction company's consensus earnings per share forecast from the 5 analysts that follow the stock is $0.39. This value represents a no change for the same quarter last year. Zacks Investment Research reports that the 2015 Price to Earnings ratio for CPRT is 21.66 vs. an industry ratio of 20.80, implying that they will have a higher earnings growth than their competitors in the same industry. LightPath Technologies, Inc. ( LPTH ) is reporting for the quarter ending June 30, 2015. The electrical instrument company's consensus earnings per share forecast from the 1 analyst that follows the stock is $0.01. This value represents a 0.00% increase compared to the same quarter last year. LPTH missed the consensus earnings per share in the 3rd calendar quarter of 2014 by -300%. Zacks Investment Research reports that the 2015 Price to Earnings ratio for LPTH is -161.00 vs. an industry ratio of 14.50. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Copart Reports Q4 EPS $0.44 vs. Est. $0.39, Rev. $282.3M vs. Est. $282.16M"", ""Earnings Scheduled For September 22, 2015"", ""COPART""]"
CPRT,2015-09-23,4.335,4.42625,4.16125,4.26125,"[""Copart's (CPRT) Q4 Earnings & Revenues Beat Estimates"", ""7 Stocks You Should Be Watching Today"", ""7 Stocks You Should Be Watching Today"", ""Copart's (CPRT) Q4 Earnings & Revenues Beat Estimates"", ""Copart's (CPRT) Q4 Earnings & Revenues Beat Estimates Copart, Inc.CPRT reported earnings per share (\""EPS\"") of 44 cents for fourth-quarter fiscal 2015 (ended Jul 31, 2015), up from 39 cents in the corresponding quarter of fiscal 2014. Moreover, EPS surpassed the Zacks Consensus Estimate of 39 cents. Results for both the reported and year-ago quarters include a favorable impact of 3 cents per share related to the beneficial resolution of uncertain tax positions. Net income (on a reported basis) amounted to $57.4 million, up 12.5% year over year. Copart Inc. - Earnings Surprise | FindTheBest Copart's revenues dropped 1.8% to $282.3 million in the fourth quarter of fiscal 2015. However, the figure surpassed the Zacks Consensus Estimate of $280 million. Service revenues inched up 1% to $243.7 million, while revenues from vehicle sales fell 16.4% to $38.6 million. Gross margin improved 1.6% to $118.8 million (42.1% of sales) in the reported quarter from $116.9 million (40.7% of sales) a year ago. Operating expenses fell 7.6% to $195.5 million from $211.6 million in the year-ago quarter. Operating income increased 14.4% to $86.8 million from $75.9 million recorded in the fourth quarter of fiscal 2014. Fiscal 2015 Results Copart reported a rise in EPS to $1.67 for fiscal 2015 from $1.58 in the prior year. EPS also outpaced the Zacks Consensus Estimate of $1.62. Earnings for fiscal 2014 have been adjusted for an impairment charge of $29.1 million recorded in the third quarter. Including this charge, earnings for last year amount to $1.36 per share. Net income went up 23% to $219.8 million from $178.7 million in fiscal 2014. Annual revenues decreased 1.5% year over year to $1.146 billion, marginally surpassing the Zacks Consensus Estimate of $1.144 billion. Financial Details Copart had cash and cash equivalents of $456.0 million as of Jul 31, 2015, compared with $158.7 million as of Jul 31, 2014. Total debt and capital lease obligations amounted to $645.8 million as of Jul 31, 2015, compared with $302.9 million as of Jul 31, 2014. During fiscal 2015, Copart generated net cash flow of $265.1 million from operations, compared with $262.6 million in the same period a year ago. Capital spending was $79.2 million, compared with $95.8 million in fiscal 2014. Copart is a prominent player in online auctions and vehicle remarketing services in the U.S., Canada, U.K. and U.A.E., along with Sotheby's BID , Ritchie Bros. Auctioneers Incorporated RBA and Liquidity Services, Inc. LQDT . The company, with a Zacks Rank #3 (Hold), provides a wide range of remarketing services to vehicle suppliers, primarily insurance companies, to process and sell salvage vehicles. This is done mainly over the Internet, through its Virtual Bidding Internet auction-style sales technology. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days.Click to get this free report >> Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report RITCHIE BROS (RBA): Free Stock Analysis Report LIQUIDITY SVCS (LQDT): Free Stock Analysis Report SOTHEBYS (BID): Free Stock Analysis Report COPART INC (CPRT): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""7 Stocks You Should Be Watching Today"", ""Copart's (CPRT) Q4 Earnings & Revenues Beat Estimates""]"
CPRT,2015-09-24,4.24,4.24875,4.1925,4.22875,
CPRT,2015-09-25,4.24375,4.32375,4.16,4.275,"[""Barrington Highlights Copart's 'Solid' Q4 'Despite Challenging Environment'; Maintains Outperform"", ""Barrington Highlights Copart's 'Solid' Q4 'Despite Challenging Environment'; Maintains Outperform"", ""Barrington Highlights Copart's 'Solid' Q4 'Despite Challenging Environment'; Maintains Outperform""]"
CPRT,2015-09-28,4.25375,4.26375,4.1625,4.1825,
CPRT,2015-09-29,4.1825,4.21,4.16,4.17375,
CPRT,2015-09-30,4.2125,4.22875,4.10625,4.1125,
CPRT,2015-10-01,4.1075,4.19,4.075,4.18,
CPRT,2015-10-02,4.09875,4.2475,4.09875,4.2475,
CPRT,2015-10-05,4.285,4.368,4.28125,4.35,
CPRT,2015-10-06,4.35,4.365,4.3225,4.33,
CPRT,2015-10-07,4.345,4.3775,4.3225,4.355,
CPRT,2015-10-08,4.35,4.38125,4.3125,4.35625,
CPRT,2015-10-09,4.36,4.37,4.315,4.34875,
CPRT,2015-10-12,4.34375,4.3775,4.31875,4.3675,
CPRT,2015-10-13,4.33625,4.39375,4.33,4.34,
CPRT,2015-10-14,4.3425,4.355,4.29125,4.30125,"[""Pockets of strength in the Retail Sales report"", ""Pockets of strength in the Retail Sales report"", ""Pockets of strength in the Retail Sales report""]"
CPRT,2015-10-15,4.3225,4.34375,4.27,4.34375,
CPRT,2015-10-16,4.3375,4.36625,4.3175,4.345,
CPRT,2015-10-19,4.33625,4.4075,4.27375,4.3825,
CPRT,2015-10-20,4.385,4.43,4.37625,4.41,
CPRT,2015-10-21,4.4375,4.4375,4.40375,4.4125,
CPRT,2015-10-22,4.44,4.46875,4.39125,4.4275,
CPRT,2015-10-23,4.465,4.475,4.42625,4.46375,
CPRT,2015-10-26,4.45,4.49875,4.425,4.48625,
CPRT,2015-10-27,4.46125,4.495,4.4,4.43875,
CPRT,2015-10-28,4.4675,4.5,4.43,4.5,"3 Business Services Stocks Likely to Excel in Q3 Earnings Buoyed by higher consumer spending, the U.S. GDP revved up to a 3.9% seasonally adjusted annual growth rate in the second quarter after a paltry 0.6% in the first quarter. This equated to a 2.3% growth rate for the first half of the year, marginally higher year over year. Mirroring the performance of 2014, the U.S. economy had a roller-coaster ride with an unenterprising start to 2015 followed by an unexpected surge. Reminiscent of the performance in 2014, the odds are currently staked pretty high for a similar glide in the second half of 2015 as seen last year. Experts anticipate third-quarter and fourth-quarter 2015 GDP to grow in the vicinity of 2.0% and 2.6%, respectively. On the surface, it appears that the economy failed to receive any 'slingshot' momentum from strong second quarter growth, primarily due to the fallout of the growing global malaise on domestic activity. Strong dollar appreciation and prevailing macroeconomic turmoil continue to adversely affect exports and corporate investment levels. Solid appreciation of the dollar has dented the export basket, as the U.S. goods and services have been rendered expensive upon foreign soil. Lower oil prices have further added to the woes of the industries that directly or indirectly source businesses from the energy sector. While the first-half 2015 exports declined 1%, imports increased 5% on a year-over-year basis, leading to a high negative balance of trade. The Negative Feelers Non-defense capital goods orders (excluding aircraft), one of the closely watched parameters for business spending plans, contracted 0.3% in September - the largest decline of this kind since November 2009. Inflationary pressures remained muted and cast enough doubt whether the Fed will actually raise interest rate from the near zero levels in the latter half of the year. The Markit Composite Purchasing Managers Index (PMI) data declined to 54.5 in October from 55.0 in September - the weakest expansion of the private sector output since the beginning of the year. This represents a general slowdown in new business growth and a cautious spending pattern by clients. Consequently, there was a slight reduction in backlogs of work across the service economy. This in turn led to softer employment growth within the service sector owing to reduced pressure on operating capacity. The U.S. job market is also feeling the heat with only 136,000 and 142,000 job additions in August and September respectively, although the unemployment rate declined to 5.1% as less people are seeking active employment at present. With a high positive correlation with the economy, the U.S. Industrials sector is likely to be adversely affected by the turn of events. As the companies take stock of the situation and deliberate on their future course of action, let us take a glimpse into how the third-quarter earnings season is shaping up so far. Business Services Sector Performance About 39.1% of the total S&P 500 companies in the Business Services sector have reported their earnings results till Oct 23, 2015. With a 'beat ratio' of 77.8%, total earnings for these companies are up 6.9% year over year. Revenues increased 2.8% compared with the year-ago period, with a 'beat ratio' of 66.7%. The entire Business Services sector is expected to perform relatively better than the overall equity market with an earnings growth expectation of 1.0% in the third quarter versus -3.4% for the S&P 500 index. (Read: Q3 Earnings Weak, Despite Tech Strength ) The primary growth drivers in this highly fragmented industry hinge on a healthy economy with decent prospects for job growth, higher disposable income and new business initiatives. An ideal mix of services, effective marketing strategies and ability to retain and attract new customers make the perfect recipe for profitability for most of these companies. Given the lacklustre forecast, it might be a good idea to zero-in on a handful of Business Services stocks that are poised to beat earnings estimates this quarter. An earnings surprise should help these stocks outperform in the near term. How to Pick? The Business Services sector covers an array of services that include marketing, consulting, staffing, security, telecommunications, Internet services, logistics and waste handling. Amid a diverse range of companies in the Business Services arena, picking the right stock for your portfolio could appear to be a colossal task. An easy way to narrow down the list is to look at stocks that have a solid Zacks Rank and a favorable Earnings ESP . Earnings ESP is our proprietary methodology for determining which stocks have the best chance to surprise with their next earnings announcement. The Earnings ESP shows the percentage difference between the Most Accurate estimate and the Zacks Consensus Estimate. The combination of a Zacks Rank #1 (Strong Buy) or #2 (Buy) or #3 (Hold) and a positive Earnings ESP is usually a harbinger of an earnings beat and serves a perfect success formula on a platter. For investors seeking to benefit by applying this strategy to their portfolios, we have mentioned three Business Services stocks below, which match these criteria, and thus may be potential winners this earnings season. Everi Holdings Inc. ( EVRI ): Founded in 1998 and Headquartered in Las Vegas, NV, Everi offers video and mechanical reel gaming content and technology solutions, integrated gaming payments solutions and compliance and efficiency software. The company serves over 1,000 gaming establishment across the world. The company has a long-term earnings growth expectation of 20.0%. Everi currently carries a Zacks Rank #3 along with an Earnings ESP of +14.29%. The company is expected to report its third-quarter 2015 results after the closing bell on Nov 3. Copart, Inc. ( CPRT ): Headquartered in Dallas, TX, Copart provides online auctions and vehicle remarketing services. The company links sellers to over 750,000 members in over 150 countries worldwide through its multi-channel platform. This Zacks Rank #3 stock has a long-term earnings growth expectation of 15.0%, forward PE of 19.4x and an Earnings ESP of +9.3%. The company is scheduled to report its first-quarter fiscal 2016 results on Nov 23. Visa Inc. ( V ): Incorporated in 2007, Visa operates as a retail electronic payments network worldwide. Headquartered in San Francisco, CA, the company connects consumers, businesses, financial institutions, and governments in over 200 countries and territories to fast, secure and reliable electronic payments. The company has a long-term earnings growth expectation of 17.7% and a forward PE of 26.1x. Visa currently carries a Zacks Rank #3 along with an Earnings ESP of +8.07%. The company is expected to report its fourth-quarter fiscal 2015 results before the opening bell on Nov 2. Moving Forward Diane Swonk, chief economist at Mesirow in Chicago observed: ""It is hard for firms to commit to expanding plants and upgrading equipment in a global economy that continues to deliver so many speed bumps."" As the U.S. stocks appear volatile with a topsy-turvy economy, a sneak peek to the space for some possible outperformers backed by a solid Zacks Rank and a positive Zacks Earnings ESP could be a great idea for investors to gain from this earnings season. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days.Click to get this free report >> Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report EVERI HOLDINGS (EVRI): Free Stock Analysis Report COPART INC (CPRT): Free Stock Analysis Report VISA INC-A (V): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
CPRT,2015-10-29,4.48,4.51375,4.4575,4.50875,
CPRT,2015-10-30,4.50125,4.54875,4.38875,4.52625,
CPRT,2015-11-02,4.5375,4.60375,4.5325,4.59125,
CPRT,2015-11-03,4.57875,4.58875,4.5375,4.57625,
CPRT,2015-11-04,4.59375,4.6025,4.54625,4.58125,
CPRT,2015-11-05,4.59625,4.63625,4.56375,4.63375,
CPRT,2015-11-06,4.62,4.65375,4.60625,4.6375,"[""A High-Returns E-Commerce Portfolio: Make A Fortune By Only Lifting A Finger"", ""A High-Returns E-Commerce Portfolio: Make A Fortune By Only Lifting A Finger"", ""A High-Returns E-Commerce Portfolio: Make A Fortune By Only Lifting A Finger""]"
CPRT,2015-11-09,4.6375,4.6375,4.58625,4.63,"Advance Auto Parts (AAP) Q3 Earnings: What to Expect? Advance Auto Parts Inc.AAP is expected to report third-quarter 2015 results on Nov 12. In the last quarter, the company posted a positive earnings surprise of 0.89%. Let's see how things are shaping up for this announcement. Factors Influencing this Quarter Advance Auto Parts drives profits through its relentless focus on store expansion. During the 28-week period ended Jul 18, 2015, the company opened 63 stores. The rise in store count ensures increased availability of parts, thereby leading to higher sales. Advance Auto Parts is poised to benefit from the growing stability in the industry and the increasing average age of vehicles, along with a rise in the number of miles driven. The combination of a steadily improving job market and lower gasoline prices is also likely to boost the company's results. However, pricing poses a serious threat to Advance Auto Parts as it competes with national and regional automotive retailers. Moreover, the improvement in the quality of new vehicles leads to reduced need for the maintenance and repair of parts. This, in turn, hampers demand in the automotive maintenance market. Earnings Whispers Our proven model does not conclusively show that Advance Auto Parts is likely to beat earnings this quarter. This is because a stock needs to have both a positive Earnings ESP and a Zacks Rank #1, 2 or 3 for this to happen. This is not the case here, as you will see below: Zacks ESP: Advance Auto Parts' Earnings ESP is 0.00% as the Most Accurate estimate and the Zacks Consensus Estimate both stand at $2.06. Zacks Rank: Advance Auto Parts carries a Zacks Rank #3 (Hold), which increases the predictive power of ESP. However, the company's ESP of 0.00% makes surprise prediction difficult. We caution against stocks with a Zacks Rank #4 or 5 (Sell-rated stocks) going into the earnings announcement, especially when the company is seeing negative estimate revisions. Stocks to Consider Copart, Inc. CPRT will report first-quarter fiscal 2016 (ended Oct 31, 2015) results on Nov 23. The company has a Zacks Rank #3. AutoZone, Inc. AZO will post first-quarter fiscal 2016 (ended Nov 22, 2015) financial results on Dec 8. The company has a Zacks Rank #3. CarMax Inc. KMX will release third-quarter fiscal 2016 (ended Nov 30, 2015) results on Dec 18. The company carries a Zacks Rank #3. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report >> Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report ADVANCE AUTO PT (AAP): Free Stock Analysis Report AUTOZONE INC (AZO): Free Stock Analysis Report CARMAX GP (CC) (KMX): Free Stock Analysis Report COPART INC (CPRT): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
CPRT,2015-11-10,4.62125,4.6425,4.58875,4.61375,"Meritor (MTOR) to Report Q4 Earnings: What's in the Cards? Meritor, Inc.MTOR is expected to report fourth-quarter fiscal 2015 (ended Sep 30, 2015) results on Nov 11. In the last quarter, the company posted a positive earnings surprise of 24.24%. Let's see how things are shaping up for this announcement. Factors Influencing this Quarter Meritor is poised to benefit from new businesses. In Jul 2015, the company announced the purchase of majority of the assets of Sypris Solutions, Inc.'s manufacturing facility in Morganton, NC. This facility will help expand Meritor's business. In addition, for fiscal 2015, Meritor expects adjusted earnings from continuing operations in the range of $1.40-$1.50 per share, up from $1.30-$1.40 guided earlier and significantly higher than $1.02 recorded in fiscal 2014. The strong fiscal 2015 EPS outlook raise expectations of favorable results in the fourth quarter of fiscal 2015. However, for fiscal 2015, Meritor anticipates revenues in the band of $3.5-$3.55 billion, down from the fiscal 2014 level of $3.8 billion. The company lowered the revenue guidance in April from $3.7 billion predicted earlier due to foreign exchange headwinds and expectations of lower production in Brazil and China. This will also adversely affect the company's fourth-quarter revenues. Earnings Whispers Our proven model does not conclusively show that Meritor is likely to beat earnings this quarter. This is because a stock needs to have both a positive Earnings ESP and a Zacks Rank #1, 2 or 3 for this to happen. This is not the case here, as you will see below: Zacks ESP: Meritor's Earnings ESP is 0.00% as the Most Accurate estimate and the Zacks Consensus Estimate both stand at 29 cents. Zacks Rank: Meritor carries a Zacks Rank #4 (Sell). We caution against stocks with a Zacks Rank #4 or 5 (Sell-rated stocks) going into the earnings announcement, especially when the company is seeing negative estimate revisions. Stocks to Consider Copart, Inc. CPRT will report first-quarter fiscal 2016 (ended Oct 31, 2015) results on Nov 23. The company carries a Zacks Rank #3 (Hold). AutoZone, Inc. AZO will post first-quarter fiscal 2016 (ending Nov 22, 2015) financial results on Dec 8. The company has a Zacks Rank #3. CarMax Inc. KMX will release third-quarter fiscal 2016 (ending Nov 30, 2015) results on Dec 18. The company carries a Zacks Rank #3. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days.Click to get this free report >> Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report AUTOZONE INC (AZO): Free Stock Analysis Report CARMAX GP (CC) (KMX): Free Stock Analysis Report MERITOR INC (MTOR): Free Stock Analysis Report COPART INC (CPRT): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
CPRT,2015-11-11,4.60875,4.61375,4.54875,4.56625,
CPRT,2015-11-12,4.54125,4.6175,4.47125,4.4775,
CPRT,2015-11-13,4.47875,4.48625,4.44375,4.46,
CPRT,2015-11-16,4.4425,4.47625,4.42875,4.47625,
CPRT,2015-11-17,4.4925,4.57,4.45875,4.49,
CPRT,2015-11-18,4.51125,4.55375,4.475,4.55,
CPRT,2015-11-19,4.5525,4.58625,4.5325,4.575,
CPRT,2015-11-20,4.5975,4.60375,4.56625,4.5875,
CPRT,2015-11-23,4.61875,4.66625,4.575,4.65,"[""Earnings Scheduled For November 23, 2015"", ""Copart Reports Q1 EPS $0.42 vs. Est. $0.43, Rev. $288.8M vs. Est. $290.22M"", ""UPDATE: Copart Announces Jeffrey Liaw as CFO"", ""Copart To Buyback 7.317M Shares"", ""Copart To Buyback 7.317M Shares"", ""UPDATE: Copart Announces Jeffrey Liaw as CFO"", ""Copart Reports Q1 EPS $0.42 vs. Est. $0.43, Rev. $288.8M vs. Est. $290.22M"", ""Earnings Scheduled For November 23, 2015"", ""Copart To Buyback 7.317M Shares"", ""UPDATE: Copart Announces Jeffrey Liaw as CFO"", ""Copart Reports Q1 EPS $0.42 vs. Est. $0.43, Rev. $288.8M vs. Est. $290.22M"", ""Earnings Scheduled For November 23, 2015""]"
CPRT,2015-11-24,4.96875,4.96875,4.825,4.89125,"[""Downed Jet, Travel Alert Send Stock Futures To Sharp Losses"", ""Copart Announces Commencement of Modified Dutch Auction to Purchase ~7.3M Shares"", ""Stocks Hitting 52-Week Highs"", ""Stocks Hitting 52-Week Highs"", ""Copart Announces Commencement of Modified Dutch Auction to Purchase ~7.3M Shares"", ""Downed Jet, Travel Alert Send Stock Futures To Sharp Losses"", ""Copart's (CPRT) Q1 Earnings Miss Estimates, Revenues Beat Copart, Inc.CPRT reported earnings per share (\""EPS\"") of 42 cents for first-quarter fiscal 2016 (ended Oct 31, 2015), up from 40 cents in the corresponding quarter of fiscal 2015. However, EPS missed the Zacks Consensus Estimate of 43 cents. Copart Inc. (CPRT) - Earnings Surprise | FindTheCompany Net income (on a reported basis) amounted to $52.4 million, down 0.4% year over year. Copart's revenues dropped 0.5% to $288.8 million in the reported quarter. However, the figure marginally surpassed the Zacks Consensus Estimate of $288 million. Service revenues inched up 1.8% to $251 million, while revenues from vehicle sales fell 13.5% to $37.9 million. Gross margin deteriorated 1.2% to $120.9 million (41.8% of sales) in the reported quarter from $122.3 million (42.1% of sales) a year ago. Operating expenses declined 2.6% to $202.6 million from $208 million in the year-ago quarter. Operating income increased 4.7% to $86.2 million from $82.4 million in the first quarter of fiscal 2015. Financial Details Copart had cash and cash equivalents of $472.9 million as of Oct 31, 2015, compared with $456 million as of Jul 31, 2015. Total debt and capital lease obligations amounted to $626.7 million as of Oct 31, 2015, compared with $645.8 million as of Jul 31, 2015. During the first quarter of fiscal 2016, Copart generated net cash flow of $76.6 million from operations, compared with $83.4 million in the same period a year ago. Capital spending was $20.2 million, compared with $23.4 million in the first quarter of fiscal 2015. Copart is a prominent player in online auctions and vehicle remarketing services in the U.S., Canada, U.K. and U.A.E., along with Sotheby's BID , Ritchie Bros. Auctioneers Incorporated RBA and Liquidity Services, Inc. LQDT . The company, with a Zacks Rank #2 (Buy), provides a wide range of remarketing services to vehicle suppliers, primarily insurance companies, to process and sell salvage vehicles. This is done mainly over the Internet, through its Virtual Bidding Internet auction-style sales technology. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days.Click to get this free report >> Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report RITCHIE BROS (RBA): Free Stock Analysis Report LIQUIDITY SVCS (LQDT): Free Stock Analysis Report SOTHEBYS (BID): Free Stock Analysis Report COPART INC (CPRT): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Stocks Hitting 52-Week Highs"", ""Copart Announces Commencement of Modified Dutch Auction to Purchase ~7.3M Shares"", ""Downed Jet, Travel Alert Send Stock Futures To Sharp Losses""]"
CPRT,2015-11-25,4.91375,4.9825,4.90875,4.9475,
CPRT,2015-11-27,4.94625,4.96125,4.91875,4.95875,"[""Tracking Allan Mecham's Arlington Value Capital Portfolio - Q3 2015 Update"", ""Tracking Allan Mecham's Arlington Value Capital Portfolio - Q3 2015 Update"", ""Should You Get Rid of Sotheby's (BID) Now? Similar to wise buying decisions, exiting certain underperformers at the right time helps maximize portfolio returns. Selling off losers can be difficult, but if both the share price and estimates are falling, it could be time to get rid of the security before more losses hit your portfolio. One such stock that you may want to consider dropping is Sotheby'sBID , which has witnessed a significant price decline in the past four weeks, and it has seen negative earnings estimate revisions for the current quarter and the current year. A Zacks Rank #4 (Sell) further confirms weakness in BID. A key reason for this move has been the negative trend in earnings estimate revisions. For the full year, we have seen 3 estimates moving down in the past 30 days, compared with no upward revisions. This trend has caused the consensus estimate to trend lower, going from $2.24 a share a month ago to its current level of $1.92. Also, for the current quarter, Sotheby's has seen 3 downward estimate revisions versus no revisions in the opposite direction, dragging the consensus estimate down to 97 cents a share from $1.33 over the past 30 days. The stock also has seen some pretty dismal trading lately, as the share price has dropped 15% in the past month. So it may not be a good decision to keep this stock in your portfolio anymore, at least if you don't have a long time horizon to wait. If you are still interested in the Auction/Valuation Services industry, you may instead consider a better-ranked stock - Copart, Inc. CPRT . The stock currently holds a Zacks Rank #2 (Buy) and may be better selection at this time. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days . Click to get this free report >> Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report SOTHEBYS (BID): Free Stock Analysis Report COPART INC (CPRT): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Tracking Allan Mecham's Arlington Value Capital Portfolio - Q3 2015 Update""]"
CPRT,2015-11-30,4.97,4.98,4.9275,4.93375,
CPRT,2015-12-01,4.95875,4.962,4.90375,4.92,
CPRT,2015-12-02,4.925,4.925,4.8875,4.90625,
CPRT,2015-12-03,4.9175,4.925,4.825,4.855,
CPRT,2015-12-04,4.87125,4.89,4.8375,4.88,
CPRT,2015-12-07,4.875,4.89625,4.84,4.87375,
CPRT,2015-12-08,4.85,4.88375,4.83625,4.87,
CPRT,2015-12-09,4.86,4.8825,4.80625,4.85125,
CPRT,2015-12-10,4.86,4.9025,4.85,4.8575,
CPRT,2015-12-11,4.825,4.84375,4.77375,4.785,"Copart, Inc. Reports Another Strong Quarter Amidst Challenging Environment Car auction and salvage leader Copart reported first-quarter financial results on Nov. 24, and revenues declined slightly, as did total profits and earnings per share, as the company works through a challenging economic environment. Let's take a closer look at the company's results, what management had to say, and how things stand going forward. The numbers What happened in the quarter There were a few challenges that affected the company's top- and bottom-line results: Average selling prices were pushed lower by falling scrap prices. Foreign exchange also played a role, both in the company's international business, and because a strong dollar is affecting international bidders, according to management. Revenue held steady despite these challenges, as total volume of cars increased almost 5% in the quarter. Earnings per share increased as a result of the ~5% of shares the company has repurchased over the past year. The company announced another share repurchase program, a ""Dutch auction"" tender offer, being held between Nov. 24 and Dec. 23, for as many as 7.3 million shares. That's roughly 6% of shares outstanding. Earnings held steady in the quarter partly as a result of falling oil prices . Fuel costs are a significant portion of the company's costs, so the fall in fuel prices, corresponding with a decline in selling prices and an increase in car volume helped maintain profitability. Profits would have been negatively affected had fuel costs remained steady or increased. General and administrative costs also declined, as the company utilizes more technology resources, and also saw costs fall overseas because of foreign exchange benefit. The company also announced a new CFO, Jeff Liaw, would be coming on board in January, while current CFO Will Franklin, will stay with the company in his capacity as executive vice president. What management said CEO Jay Adair, on why they're bringing in a new CFO, and having Will Franklin focus exclusively on operations: Adair again, on what's driving down the average selling prices of vehicles: More details on expenses, selling prices, and the impact of foreign exchange: Looking forward Copart continues to navigate a less-than-ideal economic environment relatively well. Not only did the company hold profits pretty steady in the face of falling prices and challenging foreign exchange, but the balance sheet also improved at the same time. Cash, short-term investments, and accounts receivable all increased, while total long-term debt actually decreased slightly. Total liabilities increased $4 million, but total assets shot up more than $55 million in the quarter. Copart isn't likely to be a big growth story overnight, but an excellent management team continues to rationalize costs and navigate an imperfect market. The company does have solid growth prospects overseas, but the impact of foreign exchange will continue muting the benefits of that growth until the dollar weakens, or the euro gains ground. The next billion-dollar iSecret The world's biggest tech company forgot to show you something at its recent event, but a few Wall Street analysts and the Fool didn't miss a beat: There's a small company that's powering their brand-new gadgets and the coming revolution in technology. And we think its stock price has nearly unlimited room to run for early in-the-know investors! To be one of them, just click here . The article Copart, Inc. Reports Another Strong Quarter Amidst Challenging Environment originally appeared on Fool.com. Jason Hall has no position in any stocks mentioned. The Motley Fool recommends Copart. Try any of our Foolish newsletter services free for 30 days . We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy . Copyright © 1995 - 2015 The Motley Fool, LLC. All rights reserved. The Motley Fool has a disclosure policy . The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
CPRT,2015-12-14,4.795,4.81,4.75125,4.79,
CPRT,2015-12-15,4.8175,4.845,4.7875,4.83875,
CPRT,2015-12-16,4.85875,4.85875,4.7975,4.83625,
CPRT,2015-12-17,4.84875,4.855,4.79375,4.7975,
CPRT,2015-12-18,4.78875,4.8075,4.76,4.76375,
CPRT,2015-12-21,4.78625,4.82,4.77625,4.82,
CPRT,2015-12-22,4.84,4.86,4.8,4.84875,
CPRT,2015-12-23,4.85375,4.8675,4.83875,4.8625,
CPRT,2015-12-24,4.79875,4.8125,4.66,4.78625,
CPRT,2015-12-28,4.7325,4.825,4.71125,4.79625,
CPRT,2015-12-29,4.8175,4.86625,4.81125,4.8525,
CPRT,2015-12-30,4.8375,4.84625,4.7625,4.765,"[""Copart discloses results of Dutch tender auction"", ""Copart discloses results of Dutch tender auction"", ""Copart discloses results of Dutch tender auction""]"
CPRT,2015-12-31,4.76,4.812,4.74,4.75125,
CPRT,2016-01-04,4.69875,4.71,4.6175,4.70875,
CPRT,2016-01-05,4.74,4.7675,4.70875,4.7175,
CPRT,2016-01-06,4.65625,4.6875,4.61125,4.63125,
CPRT,2016-01-07,4.56375,4.59625,4.43875,4.4575,"CPRT Makes Notable Cross Below Critical Moving Average In trading on Thursday, shares of Copart, Inc. (Symbol: CPRT) crossed below their 200 day moving average of $36.17, changing hands as low as $35.51 per share. Copart, Inc. shares are currently trading down about 3.8% on the day. The chart below shows the one year performance of CPRT shares, versus its 200 day moving average: Looking at the chart above, CPRT's low point in its 52 week range is $32.60 per share, with $39.86 as the 52 week high point - that compares with a last trade of $35.66. According to the ETF Finder at ETF Channel, CPRT makes up 1.44% of the PowerShares S&P MidCap Low Volatility Portfolio ETF (Symbol: XMLV) which is trading lower by about 1.7% on the day Thursday. Click here to find out which 9 other stocks recently crossed below their 200 day moving average » The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
CPRT,2016-01-08,4.4775,4.50125,4.38375,4.38625,"Oversold Conditions For Copart (CPRT) Legendary investor Warren Buffett advises to be fearful when others are greedy, and be greedy when others are fearful. One way we can try to measure the level of fear in a given stock is through a technical analysis indicator called the Relative Strength Index, or RSI, which measures momentum on a scale of zero to 100. A stock is considered to be oversold if the RSI reading falls below 30. In trading on Friday, shares of Copart, Inc. (Symbol: CPRT) entered into oversold territory, hitting an RSI reading of 28.7, after changing hands as low as $35.07 per share. By comparison, the current RSI reading of the S&P 500 ETF ( SPY ) is 29.2. A bullish investor could look at CPRT's 28.7 RSI reading today as a sign that the recent heavy selling is in the process of exhausting itself, and begin to look for entry point opportunities on the buy side. The chart below shows the one year performance of CPRT shares: Looking at the chart above, CPRT's low point in its 52 week range is $32.60 per share, with $39.86 as the 52 week high point - that compares with a last trade of $35.09. According to the ETF Finder at ETF Channel, CPRT makes up 1.41% of the PowerShares S&P MidCap Low Volatility Portfolio ETF (Symbol: XMLV) which is trading lower by about 1.1% on the day Friday. Find out what 9 other oversold stocks you need to know about » The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
CPRT,2016-01-11,4.4,4.42125,4.33375,4.39125,
CPRT,2016-01-12,4.43,4.43875,4.3425,4.39625,
CPRT,2016-01-13,4.405,4.41875,4.30375,4.31375,
CPRT,2016-01-14,4.32625,4.375,4.26625,4.3475,
CPRT,2016-01-15,4.225,4.2525,4.1575,4.21375,"[""Jefferies Initiates Coverage on Copart at Hold"", ""Jefferies Initiates Coverage on Copart at Hold"", ""Jefferies Initiates Coverage on Copart at Hold""]"
CPRT,2016-01-19,4.23875,4.24375,4.1275,4.1625,
CPRT,2016-01-20,4.1175,4.20125,4.0325,4.14375,
CPRT,2016-01-21,4.15625,4.193,4.09375,4.12625,
CPRT,2016-01-22,4.1725,4.26625,4.1725,4.25875,
CPRT,2016-01-25,4.2475,4.24875,4.17625,4.18375,
CPRT,2016-01-26,4.2025,4.2725,4.1675,4.27125,
CPRT,2016-01-27,4.26375,4.26375,4.11575,4.14125,
CPRT,2016-01-28,4.16375,4.19625,4.0775,4.15375,
CPRT,2016-01-29,4.1625,4.195,4.155,4.18875,
CPRT,2016-02-01,4.15625,4.22,4.13125,4.1925,
CPRT,2016-02-02,4.1675,4.1675,4.095,4.13875,
CPRT,2016-02-03,4.17,4.185,4.10375,4.1675,
CPRT,2016-02-04,4.1625,4.26875,4.11,4.26375,
CPRT,2016-02-05,4.25,4.26,4.133,4.1475,
CPRT,2016-02-08,4.09875,4.1975,4.08625,4.1925,
CPRT,2016-02-09,4.15,4.295,4.1395,4.26375,
CPRT,2016-02-10,4.27625,4.43375,4.27,4.285,
CPRT,2016-02-11,4.2275,4.31125,4.1475,4.2875,
CPRT,2016-02-12,4.32375,4.36625,4.29875,4.36125,
CPRT,2016-02-16,4.39625,4.46375,4.20625,4.44125,
CPRT,2016-02-17,4.47,4.5075,4.44125,4.49125,"Copart Breaks Above 200-Day Moving Average - Bullish for CPRT In trading on Wednesday, shares of Copart, Inc. (Symbol: CPRT) crossed above their 200 day moving average of $35.74, changing hands as high as $36.06 per share. Copart, Inc. shares are currently trading up about 1.3% on the day. The chart below shows the one year performance of CPRT shares, versus its 200 day moving average: Looking at the chart above, CPRT's low point in its 52 week range is $32.26 per share, with $39.86 as the 52 week high point - that compares with a last trade of $35.87. According to the ETF Finder at ETF Channel, CPRT makes up 1.45% of the PowerShares S&P MidCap Low Volatility Portfolio ETF (Symbol: XMLV) which is trading up by about 0.8% on the day Wednesday. Click here to find out which 9 other stocks recently crossed above their 200 day moving average » The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
CPRT,2016-02-18,4.5075,4.5075,4.442,4.46875,
CPRT,2016-02-19,4.45,4.5,4.43375,4.49875,"Today’s Top 5 Stock Picks: Safety in a Tough Market Chris Blake’s Lazard US Equity Concentrated fund holds cash-flow rich, recession-resistant companies."
CPRT,2016-02-22,4.53,4.55,4.4825,4.52625,"[""Notable earnings after Tuesday's close"", ""Notable earnings after Tuesday's close"", ""Should You Buy Copart (CPRT) Ahead of Earnings? Investors are always looking for stocks that are poised to beat at earnings season and Copart, Inc.CPRT may be one such company. The firm has earnings coming up pretty soon, and events are shaping up quite nicely for their report. That is because Copart is seeing favorable earnings estimate revision activity as of late, which is generally a precursor to an earnings beat. After all, analysts raising estimates right before earnings-with the most up-to-date information possible-is a pretty good indicator of some favorable trends underneath the surface for CPRT in this report. In fact, the Most Accurate Estimate for the current quarter is currently at 45 cents per share for CPRT, compared to a Zacks Consensus Estimate of 44 cents per share. This suggests that analysts have very recently bumped up their estimates for CPRT, giving the stock a Zacks Earnings ESP of 2.27% heading into earnings season. Why is this Important? A positive reading for the Zacks Earnings ESP has proven to be very powerful in producing both positive surprises, and outperforming the market. Our recent Array0 year backtest shows that stocks that have a positive Earnings ESP and a Zacks Rank #3 (Hold) or better show a positive surprise nearly 70% of the time, and have returned over 28% on average in annual returns (see more Top Earnings ESP stocks here ). Given that CPRT has a Zacks Rank #3 (Hold) and an ESP in positive territory, investors might want to consider this stock ahead of earnings. Clearly, recent earnings estimate revisions suggest that good things are ahead for Copart, and that a beat might be in the cards for the upcoming report. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days . Click to get this free report >> Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report COPART INC (CPRT): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Notable earnings after Tuesday's close""]"
CPRT,2016-02-23,4.5275,4.5625,4.445,4.49625,"[""Copart beats by $0.05, beats on revenue"", ""Earnings Scheduled For February 23, 2016"", ""Copart Reports Q2 EPS $0.48 vs. Est. $0.43, Rev. $299.7M vs. Est. $281.8M"", ""Copart Reports Q2 EPS $0.48 vs. Est. $0.43, Rev. $299.7M vs. Est. $281.8M"", ""Earnings Scheduled For February 23, 2016"", ""Copart beats by $0.05, beats on revenue"", ""Copart Reports Q2 EPS $0.48 vs. Est. $0.43, Rev. $299.7M vs. Est. $281.8M"", ""Earnings Scheduled For February 23, 2016"", ""Copart beats by $0.05, beats on revenue""]"
CPRT,2016-02-24,4.51625,4.61625,4.393,4.59625,"[""Copart (CPRT) A. Jayson Adair on Q2 2016 Results - Earnings Call Transcript"", ""Tracking Allan Mecham's Arlington Value Capital Portfolio - Q4 2015 Update"", ""Copart Shares Spike To High Of $36.93, Now Trading At $36.41"", ""Copart Shares Spike To High Of $36.93, Now Trading At $36.41"", ""Copart (CPRT) A. Jayson Adair on Q2 2016 Results - Earnings Call Transcript"", ""Tracking Allan Mecham's Arlington Value Capital Portfolio - Q4 2015 Update"", ""Copart Shares Spike To High Of $36.93, Now Trading At $36.41"", ""Copart (CPRT) A. Jayson Adair on Q2 2016 Results - Earnings Call Transcript"", ""Tracking Allan Mecham's Arlington Value Capital Portfolio - Q4 2015 Update""]"
CPRT,2016-02-25,4.6525,4.76125,4.61875,4.76125,"[""CL King Upgrades Copart to Neutral"", ""Benzinga's Top Upgrades"", ""Benzinga's Top Upgrades"", ""CL King Upgrades Copart to Neutral"", ""Copart's (CPRT) Q2 Earnings Beat Estimates, Shares Rise Copart, Inc. 's CPRT shares gained 2.22% to close at $36.77 on Feb 24, after the company reported better-than-expected earnings and revenues. Copart posted earnings per share (\""EPS\"") of 48 cents for second-quarter fiscal 20Array6 (ended Jan 3Array, 20Array6), up from 40 cents in the corresponding quarter of fiscal 20Array5. Moreover, EPS surpassed the Zacks Consensus Estimate of 44 cents. Copart Inc. (CPRT) Street EPS & Surprise Percent - Last 5 Quarters | FindTheCompany Net income (on a reported basis) amounted to $59 million, up Array3% year over year. Copart's revenues increased 8.5% to $299.7 million in the reported quarter. Further, the figure outpaced the Zacks Consensus Estimate of $283 million. Service revenues went up 9.2% to $260.4 million, while revenues from vehicle sales grew 4.Array% to $39.3 million. Gross margin improved 8.5% to $Array24.6 million (4Array.6% of sales) in the reported quarter from $ArrayArray4.9 million (4Array.6% of sales) a year ago. Operating expenses increased to $207.6 million from $Array95.8 million in the year-ago quarter. Operating income rose to $92.Array million from $80.5 million in the second quarter of fiscal 20Array5. Financial Details Copart had cash and cash equivalents of $Array4Array.4 million as of Jan 3Array, 20Array6, compared with $456 million as of Jul 3Array, 20Array5. Total debt and capital lease obligations amounted to $675.7 million as of Jan 3Array, 20Array6, compared with $645.8 million as of Jul 3Array, 20Array5. During the first half of fiscal 20Array6, Copart generated net cash flow of $83.Array million from operations, compared with $88.9 million in the same period a year ago. Capital spending was $77.8 million, compared with $39.5 million in the first half of fiscal 20Array5. Copart is a prominent player in online auctions and vehicle remarketing services in the U.S., Canada, U.K. and U.A.E., along with Sotheby's BID , Ritchie Bros. Auctioneers Incorporated RBA and Liquidity Services, Inc. LQDT . The company, with a Zacks Rank #3 (Hold), provides a wide range of remarketing services to vehicle suppliers, primarily insurance companies, to process and sell salvage vehicles. This is done mainly over the Internet, through its Virtual Bidding Internet auction-style sales technology. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days.Click to get this free report >> Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report RITCHIE BROS (RBA): Free Stock Analysis Report LIQUIDITY SVCS (LQDT): Free Stock Analysis Report SOTHEBYS (BID): Free Stock Analysis Report COPART INC (CPRT): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Benzinga's Top Upgrades"", ""CL King Upgrades Copart to Neutral""]"
CPRT,2016-02-26,4.78375,4.8275,4.75,4.81375,
CPRT,2016-02-29,4.8075,4.81,4.71125,4.71875,
CPRT,2016-03-01,4.7525,4.928,4.7245,4.92375,"Copart, Inc. Reports Double-Digit Profit Growth: 3 Key Earnings Takeaways Image source: Copart. Auto salvage and auction company Copart announced second-quarter financial results on Feb. 23, bouncing back from a relatively flat first quarter. The company reported 8.5% sales growth, 13% profit growth, and a 20% jump in earnings per share. Here's a closer look at the results, as well as three key takeaways from the quarter. The numbers Revenue and net income in thousands. Source: Copart. Takeaway 1. Driving strong unit sales even as a strong dollar and low scrap values affect revenue The strong U.S. dollar has had a two-sided impact on Copart's business over the past year or so. To start, Copart has invested in growing its business outside the U.S., acquiring and opening salvage operations overseas, and the revenues those facilities produce (almost always in the local currency) translates to fewer dollars. The company said foreign exchange had a negative-$3.5 million impact in the quarter. The second part is that 20% of its North American auction buyers have historically been international bidders. On theearnings call CFO Jeffrey Liaw pointed out that the U.S. dollar is at or near a 10-year high against important currencies such as the euro and Mexican peso. He also said that international buyers generally purchase higher-value cars. Of course, international buyers have purchased fewer cars in this environment. But things could be turning around. Even though the dollar remains strong, Will Franklin, executive VP of U.S. operations, said foreign participation was up in the second quarter, sequentially. Scrap values are also affecting revenue, driving down average selling prices, or ASPs. Liaw said that January auto body scrap values were at five-year lows and down 68% from the post-recession peak in September 2011. Scrap prices play a role in the ASP for the majority of units, since the company's business is largely work it does for insurance companies, selling off totaled cars to recyclers and parts dealers. The impact of falling scrap prices can be seen in the spread between unit growth (12.9% worldwide) and revenue growth (8.5%). However, management said that internal data indicates ASPs are stabilizing. Takeaway 2. Using share buybacks to improve per-share value, but at a cost Over the past year or so, Copart management has repurchased 14.8 million shares, more than 11% of shares outstanding. Doing so improves per-share returns (as evidenced by the spread between net income and earnings-per-share growth in the quarter), but at a cost. The recent Dutch auction was completed in December, and the company repurchased 8.3 million shares at $39 per share, while the company bought around 6 million shares in July 2015, when the stock was trading at about a 10% discount to the current price. The key? Debt has been the primary source of funding for share buybacks. Yes, the company has used cash on the balance sheet to buy the shares, but the source of that cash is debt. About one year ago , Copart refinanced its existing debt and at the same time increased that debt by about $400 million, while adding $300 million to the balance sheet. The terms of that debt were better and cheaper than its prior obligations, but the answer to whether this use of debt was the right move will only be answered over time. Takeaway 3. Continuing to focus on cost-containment and opportunistic expansion On theearnings call Franklin said the company expects to open 15 new yards in the next 12 months and is actively working to expand another 18 existing facilities in North America, and that it will spend approximately $100 million in capital expenditures over that period. This growth outlook is largely the product of expanded and new contracts with insurance customers in North America. At the same time, the company continues to keep operating costs in check. Copart spent $32.5 million on general and administrative expenses in the quarter, down $2.5 million from one year ago. The company's average G&A spend over the past five quarters is down significantly from the five quarters before that, even though the company's revenue and geographic footprint has grown over that time. Technology has been a key driver, allowing the company to increase its scale and scope, without having to increase administrative staff or other operating costs to support this growth. Looking ahead Copart operates in a business where it probably must continue to focus on costs and opportunistic expansion. The average car on U.S. roads continues to get older, but this trend is as much about automakers that are building better cars than about anything else, so it doesn't necessarily indicate a huge future opportunity. But at the same time, falling gas prices have led to more miles driven, which leads to more accidents. And it's those accidents that produce the majority of the cars Copart sells. So while it's not a typical growth industry, Copart can expand by taking market share and can use cost-controls and share buybacks to further improve per-share value and returns. At least that's the game plan management has laid out and continues to execute on. A secret billion-dollar stock opportunity The world's biggest tech company forgot to show you something, but a few Wall Street analysts and the Fool didn't miss a beat: There's a small company that's powering their brand-new gadgets and the coming revolution in technology. And we think its stock price has nearly unlimited room to run for early in-the-know investors! To be one of them, just click here . The article Copart, Inc. Reports Double-Digit Profit Growth: 3 Key Earnings Takeaways originally appeared on Fool.com. Jason Hall has no position in any stocks mentioned. The Motley Fool recommends Copart. Try any of our Foolish newsletter services free for 30 days . We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy . Copyright © 1995 - 2016 The Motley Fool, LLC. All rights reserved. The Motley Fool has a disclosure policy . The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
CPRT,2016-03-02,4.90625,4.9445,4.89,4.93875,
CPRT,2016-03-03,4.93875,4.98625,4.89875,4.98625,
CPRT,2016-03-04,5.0,5.0,4.82625,4.955,
CPRT,2016-03-07,4.92625,5.01125,4.84625,4.98875,
CPRT,2016-03-08,4.98375,5.0025,4.935,4.96375,
CPRT,2016-03-09,4.98625,5.025,4.93875,5.0175,"[""Global Brass And Copper Bolts Out of Base"", ""Global Brass And Copper Bolts Out of Base"", ""Global Brass And Copper Bolts Out of Base""]"
CPRT,2016-03-10,5.02625,5.03125,4.7945,5.01125,"[""Down Stock Session Serves Up 3 Powerful Breakouts, Including Cantel"", ""Down Stock Session Serves Up 3 Powerful Breakouts, Including Cantel"", ""Down Stock Session Serves Up 3 Powerful Breakouts, Including Cantel""]"
CPRT,2016-03-11,5.02875,5.06375,4.9855,5.05,"[""Stocks Hitting 52-Week Highs"", ""Stocks Hitting 52-Week Highs"", ""Stocks Hitting 52-Week Highs""]"
CPRT,2016-03-14,5.03875,5.085,5.0275,5.0625,
CPRT,2016-03-15,5.03625,5.09625,5.01375,5.06,
CPRT,2016-03-16,5.0525,5.13875,5.0475,5.11875,
CPRT,2016-03-17,5.10875,5.15875,5.09125,5.0925,"Moving Average Crossover Alert: Copart (CPRT) Copart, Inc.CPRT is looking like an interesting pick from a technical perspective, as the company is seeing favorable trends on the moving average crossover front. Recently, the 50 Day Moving Average for CPRT broke out above the 200 Day Simple Moving Average, suggesting a short-term bullish trend. This has already started to take place, as the stock has moved higher by 14% in the past four weeks. Plus, the company currently has a Zacks Rank #2 (Buy) suggesting that now could definitely be the time for this breakout candidate. More bullishness may especially be the case when investors consider what has been happening for CPRT on the earnings estimate revision front lately. No estimate has gone lower in the past two months, compared to 4 higher, while the consensus estimate has also moved higher too. So given this move in estimates, and the positive technical factors, investors may want to watch this breakout candidate closely for more gains in the near future. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days . Click to get this free report >> Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report COPART INC (CPRT): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
CPRT,2016-03-18,5.0825,5.215,5.0825,5.2075,
CPRT,2016-03-21,5.0575,5.19125,4.99375,5.1725,"[""Bank of America Downgrades Copart to Neutral"", ""Benzinga's Top Downgrades"", ""Benzinga's Top Downgrades"", ""Bank of America Downgrades Copart to Neutral"", ""Benzinga's Top Downgrades"", ""Bank of America Downgrades Copart to Neutral""]"
CPRT,2016-03-22,5.1475,5.18625,5.12375,5.14,
CPRT,2016-03-23,5.12375,5.13625,5.075,5.085,
CPRT,2016-03-24,5.05375,5.0875,5.03,5.08375,
CPRT,2016-03-28,5.11875,5.15125,4.983,5.0525,
CPRT,2016-03-29,5.0525,5.17,4.98375,5.1625,
CPRT,2016-03-30,5.18625,5.2225,5.15325,5.20125,
CPRT,2016-03-31,5.18625,5.225,5.07125,5.09625,"[""As Drivers Hit The Road, Auto Parts Retailers Rake In The Profits"", ""As Drivers Hit The Road, Auto Parts Retailers Rake In The Profits"", ""As Drivers Hit The Road, Auto Parts Retailers Rake In The Profits""]"
CPRT,2016-04-01,5.08,5.158,5.04875,5.14875,
CPRT,2016-04-04,5.16875,5.2205,5.08375,5.08625,
CPRT,2016-04-05,5.03625,5.09125,4.9975,5.065,"[""Gabelli & Co Initiates Coverage on Copart at Hold"", ""Gabelli & Co Initiates Coverage on Copart at Hold"", ""Gabelli & Co Initiates Coverage on Copart at Hold""]"
CPRT,2016-04-06,5.0775,5.1225,5.02625,5.11375,
CPRT,2016-04-07,5.10125,5.10875,5.0275,5.0575,
CPRT,2016-04-08,5.09625,5.0975,5.0355,5.0675,
CPRT,2016-04-11,5.10375,5.175,5.0875,5.115,
CPRT,2016-04-12,5.12875,5.22,5.11625,5.20125,
CPRT,2016-04-13,5.235,5.265,5.2025,5.26375,"Jacobs Boosts Cyber Security Business with Van Dyke Buyout Recently, Jacobs Engineering Group Inc.JEC inked a deal to acquire cyber security company, The Van Dyke Technology Group, Inc. (Van Dyke), for an undisclosed amount. The buyout is targeted to strengthen Jacobs' position as a cyber security solution provider. Van Dyke specializes in threat mitigation, access management and identification services in addition to solutions required in cloud-based information technology environments as well as enterprise networks. These services are designed to protect sensitive information within the framework of classified networks to assist the U.S. Intelligence Community (IC). The data technologies developed by the company enable secured and seamless information transmission within various environments. Moving Ahead Jacobs is one of the leading providers of technical services and construction solutions for diversified public, industrial and commercial clients worldwide. The company also offers rail planning, rail consulting, and designing & construction services to several private as well as public railroads in the U.S. The Zacks Rank #3 (Hold) company strives to improve its business through inorganic growth initiatives and the Van Dyke deal is in line with this strategy. According to Jacobs, the association with Van Dyke would reinforce its public sector IT solution offerings in the near future. It would also help in differentiating its service quality among the private sector clients. The demand for cyber security is rapidly increasing and therefore this buyout would definitely boost Jacobs' revenues in the near future. Stocks to Consider Some better-ranked stocks in the industry are Accenture plc ACN , BG Staffing, Inc. BGSF and Copart, Inc. CPRT . All the three stocks currently hold a Zacks Rank #2 (Buy). Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days.Click to get this free report >> Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report JACOBS ENGIN GR (JEC): Free Stock Analysis Report ACCENTURE PLC (ACN): Free Stock Analysis Report COPART INC (CPRT): Free Stock Analysis Report BG STAFFING INC (BGSF): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
CPRT,2016-04-14,5.27375,5.3175,5.25875,5.27125,
CPRT,2016-04-15,5.27,5.2775,5.23375,5.27125,
CPRT,2016-04-18,5.26375,5.29625,5.2475,5.27375,"June 17th Options Now Available For Copart (CPRT) Investors in Copart, Inc. (Symbol: CPRT) saw new options become available today, for the June 17th expiration. At Stock Options Channel , our YieldBoost formula has looked up and down the CPRT options chain for the new June 17th contracts and identified one put and one call contract of particular interest. The put contract at the $40.00 strike price has a current bid of 45 cents. If an investor was to sell-to-open that put contract, they are committing to purchase the stock at $40.00, but will also collect the premium, putting the cost basis of the shares at $39.55 (before broker commissions). To an investor already interested in purchasing shares of CPRT, that could represent an attractive alternative to paying $42.28/share today. Because the $40.00 strike represents an approximate 5% discount to the current trading price of the stock (in other words it is out-of-the-money by that percentage), there is also the possibility that the put contract would expire worthless. The current analytical data (including greeks and implied greeks) suggest the current odds of that happening are 73%. Stock Options Channel will track those odds over time to see how they change, publishing a chart of those numbers on our website under the contract detail page for this contract . Should the contract expire worthless, the premium would represent a 1.12% return on the cash commitment, or 6.84% annualized - at Stock Options Channel we call this the YieldBoost . Below is a chart showing the trailing twelve month trading history for Copart, Inc., and highlighting in green where the $40.00 strike is located relative to that history: Turning to the calls side of the option chain, the call contract at the $45.00 strike price has a current bid of 25 cents. If an investor was to purchase shares of CPRT stock at the current price level of $42.28/share, and then sell-to-open that call contract as a ""covered call,"" they are committing to sell the stock at $45.00. Considering the call seller will also collect the premium, that would drive a total return (excluding dividends, if any) of 7.02% if the stock gets called away at the June 17th expiration (before broker commissions). Of course, a lot of upside could potentially be left on the table if CPRT shares really soar, which is why looking at the trailing twelve month trading history for Copart, Inc., as well as studying the business fundamentals becomes important. Below is a chart showing CPRT's trailing twelve month trading history, with the $45.00 strike highlighted in red: Considering the fact that the $45.00 strike represents an approximate 6% premium to the current trading price of the stock (in other words it is out-of-the-money by that percentage), there is also the possibility that the covered call contract would expire worthless, in which case the investor would keep both their shares of stock and the premium collected. The current analytical data (including greeks and implied greeks) suggest the current odds of that happening are 76%. On our website under the contract detail page for this contract , Stock Options Channel will track those odds over time to see how they change and publish a chart of those numbers (the trading history of the option contract will also be charted). Should the covered call contract expire worthless, the premium would represent a 0.59% boost of extra return to the investor, or 3.60% annualized, which we refer to as the YieldBoost . The implied volatility in the put contract example is 24%, while the implied volatility in the call contract example is 21%. Meanwhile, we calculate the actual trailing twelve month volatility (considering the last 251 trading day closing values as well as today's price of $42.28) to be 20%. For more put and call options contract ideas worth looking at, visit StockOptionsChannel.com. Top YieldBoost Calls of the S&P 500 » The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
CPRT,2016-04-19,5.3025,5.3175,5.26375,5.30875,
CPRT,2016-04-20,5.31625,5.38875,5.23275,5.355,
CPRT,2016-04-21,5.3175,5.342,5.25625,5.27,
CPRT,2016-04-22,5.27375,5.3,5.24,5.28625,
CPRT,2016-04-25,5.26375,5.2975,5.23875,5.27875,
CPRT,2016-04-26,5.275,5.3275,5.2595,5.3,
CPRT,2016-04-27,5.30125,5.3695,5.2855,5.34375,
CPRT,2016-04-28,5.33625,5.4275,5.30625,5.3525,
CPRT,2016-04-29,5.3425,5.365,5.31,5.35375,
CPRT,2016-05-02,5.355,5.3875,5.3345,5.37875,
CPRT,2016-05-03,5.33375,5.3815,5.28125,5.31125,
CPRT,2016-05-04,5.29875,5.34875,5.2875,5.33625,
CPRT,2016-05-05,5.36375,5.41625,5.34125,5.375,
CPRT,2016-05-06,5.34375,5.4025,5.315,5.35875,
CPRT,2016-05-09,5.35,5.42,5.3395,5.4,
CPRT,2016-05-10,5.435,5.47625,5.39125,5.46125,
CPRT,2016-05-11,5.45125,5.4775,5.4055,5.42,"[""Betting on online retail just became more interesting"", ""Betting on online retail just became more interesting"", ""Betting on online retail just became more interesting""]"
CPRT,2016-05-12,5.44875,5.4575,5.37375,5.40625,
CPRT,2016-05-13,5.415,5.417,5.3125,5.34125,"[""Amazon, eBay Climb Into Grease Pit With Retail Chains Like AutoZone"", ""Amazon, eBay Climb Into Grease Pit With Retail Chains Like AutoZone"", ""Amazon, eBay Climb Into Grease Pit With Retail Chains Like AutoZone""]"
CPRT,2016-05-16,5.345,5.44125,5.323,5.43125,
CPRT,2016-05-17,5.43125,5.4575,5.37125,5.39375,
CPRT,2016-05-18,5.385,5.45625,5.375,5.4125,"Copart (CPRT) Announces Expansion of Colorado Location Copart, Inc.CPRT announced the expansion of its location in Brighton, CO. The location, which holds online auctions twice a week, serves Denver and the surrounding areas since 2005. This is Copart's second expansion in Colorado this month. On May 10, the company had announced the opening of its second location in Colorado at a 20-acre area in Colorado Springs. The first auction at this location was held on May 11. Copart is expanding its network of facilities to manage increasing volumes. As part of this plan, the company acquired two new locations in Texas in Apr 2016. This took its total locations in Texas to 14. The company also expanded its operations to India, with the first auction in the nation held in Oct 2015. Copart has also been focused on expanding in the Middle East over the last few years. The UAE ranks second in the international market for cars sold from Copart's North American yards. Copart is a prominent player in online auctions and vehicle remarketing services in the U.S., Canada, U.K., UAE, Bahrain, India, Sultanate of Oman, Spain, Brazil, Germany, and the Republic of Ireland. Its peers in the auction and valuations services business include Sotheby's BID , Ritchie Bros. Auctioneers Incorporated RBA and Liquidity Services, Inc. LQDT . The company, with a Zacks Rank #3 (Hold), provides a wide range of remarketing services to vehicle suppliers, primarily insurance companies, to process and sell salvage vehicles. This is done mainly over the Internet, through its Virtual Bidding Internet auction-style sales technology. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days.Click to get this free report >> Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report RITCHIE BROS (RBA): Free Stock Analysis Report LIQUIDITY SVCS (LQDT): Free Stock Analysis Report SOTHEBYS (BID): Free Stock Analysis Report COPART INC (CPRT): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
CPRT,2016-05-19,5.395,5.4155,5.295,5.3325,
CPRT,2016-05-20,5.36125,5.43125,5.3275,5.42875,
CPRT,2016-05-23,5.43125,5.49375,5.403,5.41875,"Interesting CPRT Put And Call Options For July 15th Investors in Copart, Inc. (Symbol: CPRT) saw new options begin trading today, for the July 15th expiration. At Stock Options Channel , our YieldBoost formula has looked up and down the CPRT options chain for the new July 15th contracts and identified one put and one call contract of particular interest. The put contract at the $40.00 strike price has a current bid of 30 cents. If an investor was to sell-to-open that put contract, they are committing to purchase the stock at $40.00, but will also collect the premium, putting the cost basis of the shares at $39.70 (before broker commissions). To an investor already interested in purchasing shares of CPRT, that could represent an attractive alternative to paying $43.79/share today. Because the $40.00 strike represents an approximate 9% discount to the current trading price of the stock (in other words it is out-of-the-money by that percentage), there is also the possibility that the put contract would expire worthless. The current analytical data (including greeks and implied greeks) suggest the current odds of that happening are 82%. Stock Options Channel will track those odds over time to see how they change, publishing a chart of those numbers on our website under the contract detail page for this contract . Should the contract expire worthless, the premium would represent a 0.75% return on the cash commitment, or 5.17% annualized - at Stock Options Channel we call this the YieldBoost . Below is a chart showing the trailing twelve month trading history for Copart, Inc., and highlighting in green where the $40.00 strike is located relative to that history: Turning to the calls side of the option chain, the call contract at the $45.00 strike price has a current bid of 80 cents. If an investor was to purchase shares of CPRT stock at the current price level of $43.79/share, and then sell-to-open that call contract as a ""covered call,"" they are committing to sell the stock at $45.00. Considering the call seller will also collect the premium, that would drive a total return (excluding dividends, if any) of 4.59% if the stock gets called away at the July 15th expiration (before broker commissions). Of course, a lot of upside could potentially be left on the table if CPRT shares really soar, which is why looking at the trailing twelve month trading history for Copart, Inc., as well as studying the business fundamentals becomes important. Below is a chart showing CPRT's trailing twelve month trading history, with the $45.00 strike highlighted in red: Considering the fact that the $45.00 strike represents an approximate 3% premium to the current trading price of the stock (in other words it is out-of-the-money by that percentage), there is also the possibility that the covered call contract would expire worthless, in which case the investor would keep both their shares of stock and the premium collected. The current analytical data (including greeks and implied greeks) suggest the current odds of that happening are 61%. On our website under the contract detail page for this contract , Stock Options Channel will track those odds over time to see how they change and publish a chart of those numbers (the trading history of the option contract will also be charted). Should the covered call contract expire worthless, the premium would represent a 1.83% boost of extra return to the investor, or 12.58% annualized, which we refer to as the YieldBoost . The implied volatility in the put contract example is 27%, while the implied volatility in the call contract example is 22%. Meanwhile, we calculate the actual trailing twelve month volatility (considering the last 251 trading day closing values as well as today's price of $43.79) to be 20%. For more put and call options contract ideas worth looking at, visit StockOptionsChannel.com. Top YieldBoost Calls of the S&P 500 » The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
CPRT,2016-05-24,5.46,5.5105,5.41375,5.50625,"[""Notable earnings after Wednesday's close"", ""Stocks Hitting 52-Week Highs"", ""Stocks Hitting 52-Week Highs"", ""Notable earnings after Wednesday's close"", ""Stocks Hitting 52-Week Highs"", ""Notable earnings after Wednesday's close""]"
CPRT,2016-05-25,5.5225,5.5465,5.47,5.4825,"[""Copart beats by $0.10, beats on revenue"", ""Tracking Allan Mecham's Arlington Value Capital Portfolio - Q1 2016 Update"", ""Earnings Scheduled For May 25, 2016"", ""Earnings Scheduled For May 25, 2016"", ""Tracking Allan Mecham's Arlington Value Capital Portfolio - Q1 2016 Update"", ""Copart beats by $0.10, beats on revenue"", ""Earnings Reaction History: Copart Inc., 50.0% Follow-Through Indicator, 4.1% Sensitive Expected Earnings Release: 05/25/2016, After-hours Avg. Extended-Hours Dollar Volume: $1,245,055 Copart Inc. ( CPRT ) is due to issue its quarterly earnings report in the upcoming extended-hours session. Given its history, traders can expect light trading in the issue immediately following its quarterly earnings announcement. Historical earnings event related premarket and after-hours trading activity in CPRT indicates that the price change in the extended hours is likely to be of limited value in forecasting additional price movement by the following regular session close. Last 12 Qtrs Positive Only Price Reactions Percent of time added to extended-hours gains: 50% Average next regular session additional gain: 0.1% Over the prior three fiscal years (12 quarters), when shares of CPRT rose in the extended-hours session in reaction to its earnings announcement, history shows that 50.0% of the time (1 event) the stock posted additional gains in the following regular session by an average of 0.1%. Last 12 Qtrs Negative Only Price Reactions Percent of time added to extended-hours losses: 50% Average next regular session additional loss: 1.6% Over that same historical period, when shares of CPRT dropped in the extended-hours in reaction to its earnings announcement, history shows that 50.0% of the time (1 event) the stock dropped further, adding to the extended-hours losses by an average of 1.6% by the following regular session close. Data provided by the MT Pro service at MTNewswires.com. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. Copyright (C) 2016 MTNewswires.com. All rights reserved. Unauthorized reproduction is strictly prohibited. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Earnings Scheduled For May 25, 2016"", ""Tracking Allan Mecham's Arlington Value Capital Portfolio - Q1 2016 Update"", ""Copart beats by $0.10, beats on revenue""]"
CPRT,2016-05-26,5.75,6.0675,5.75,6.01625,"[""Copart (CPRT) A. Jayson Adair on Q3 2016 Results - Earnings Call Transcript"", ""JPMorgan: 22 stocks for no Brexit"", ""Stocks Hitting 52-Week Highs"", ""Benzinga's Volume Movers"", ""Benzinga's Volume Movers"", ""Stocks Hitting 52-Week Highs"", ""Copart (CPRT) A. Jayson Adair on Q3 2016 Results - Earnings Call Transcript"", ""JPMorgan: 22 stocks for no Brexit"", ""Copart's (CPRT) Q3 Earnings Beat Estimates, Improve Y/Y Copart, Inc.CPRT posted earnings per share of 64 cents for third-quarter fiscal 2016 (ended Apr 30, 2016), up 45.5% from 44 cents in the corresponding quarter of fiscal 2015. Moreover, EPS surpassed the Zacks Consensus Estimate of 55 cents. Copart Inc. (CPRT) Street EPS & Surprise Percent - Last 5 Quarters | FindTheCompany Net income (on a reported basis) amounted to $74 million, up 28.6% year over year. Copart's revenues increased 16.9% to $347.2 million in the reported quarter. Further, the figure outpaced the Zacks Consensus Estimate of $328 million. Service revenues went up 18.3% to $303.5 million, while revenues from vehicle sales grew 7.8% to $43.7 million. Gross margin improved 23.7% to $157.6 million (45.4% of sales) in the reported quarter from $127.4 million (42.9% of sales) a year ago. Operating expenses increased to $225.3 million from $202.4 million in the year-ago quarter. Operating income rose to $121.9 million from $94.8 million in the third quarter of fiscal 2015. Financial Details Copart had cash and cash equivalents of $137.7 million as of Apr 30, 2016, compared with $456 million as of Jul 31, 2015. Total debt and capital lease obligations amounted to $700.9 million as of Apr 30, 2016, compared with $645.8 million as of Jul 31, 2015. During the first nine months of fiscal 2016, Copart generated net cash flow of $207.5 million from operations, compared with $203.4 million in the same period a year ago. Capital spending was $143.3 million, compared with $48 million in the first nine months of fiscal 2015. Copart is a prominent player in online auctions and vehicle remarketing services in the U.S., Canada, U.K., UAE, Bahrain, India, Sultanate of Oman, Spain, Brazil, Germany, and the Republic of Ireland. Its peers in the auction and valuations services business include Sotheby's BID , Ritchie Bros. Auctioneers Incorporated RBA and Liquidity Services, Inc. LQDT . The company, with a Zacks Rank #3 (Hold), provides a wide range of remarketing services to vehicle suppliers, primarily insurance companies, to process and sell salvage vehicles. This is done mainly over the Internet, through its Virtual Bidding Internet auction-style sales technology. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days.Click to get this free report >> Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report RITCHIE BROS (RBA): Free Stock Analysis Report LIQUIDITY SVCS (LQDT): Free Stock Analysis Report SOTHEBYS (BID): Free Stock Analysis Report COPART INC (CPRT): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Notable Thursday Option Activity: RDEN, GRUB, CPRT Among the underlying components of the Russell 3000 index, we saw noteworthy options trading volume today in Elizabeth Arden Inc. (Symbol: RDEN), where a total of 476 contracts have traded so far, representing approximately 47,600 underlying shares. That amounts to about 55.2% of RDEN's average daily trading volume over the past month of 86,250 shares. Particularly high volume was seen for the $10 strike call option expiring June 17, 2016 , with 200 contracts trading so far today, representing approximately 20,000 underlying shares of RDEN. Below is a chart showing RDEN's trailing twelve month trading history, with the $10 strike highlighted in orange: GrubHub Inc (Symbol: GRUB) saw options trading volume of 9,959 contracts, representing approximately 995,900 underlying shares or approximately 47.3% of GRUB's average daily trading volume over the past month, of 2.1 million shares. Especially high volume was seen for the $20 strike put option expiring June 17, 2016 , with 4,270 contracts trading so far today, representing approximately 427,000 underlying shares of GRUB. Below is a chart showing GRUB's trailing twelve month trading history, with the $20 strike highlighted in orange: And Copart, Inc. (Symbol: CPRT) options are showing a volume of 2,630 contracts thus far today. That number of contracts represents approximately 263,000 underlying shares, working out to a sizeable 47% of CPRT's average daily trading volume over the past month, of 560,140 shares. Particularly high volume was seen for the $45 strike put option expiring August 19, 2016 , with 566 contracts trading so far today, representing approximately 56,600 underlying shares of CPRT. Below is a chart showing CPRT's trailing twelve month trading history, with the $45 strike highlighted in orange: For the various different available expirations for RDEN options , GRUB options , or CPRT options , visit StockOptionsChannel.com. Today's Most Active Call & Put Options of the S&P 500 \u00bb The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Why Copart Inc. Stock Jumped Today What: Online auction and vehicle remarketing services provider Copart (NASDAQ: CPRT) jumped on Thursday following the company's fiscal third-quarter report. At 11:45 a.m. EDT, the stock was up about 9.5%. So what: Copart reported revenue of $347.2 million, up 16.9% year over year, and about $26 million higher than the average analyst estimate. The revenue increase was mostly driven by service revenue, which rose 18.3% year over year to $303.5 million. Vehicle sales generated $43.7 million of revenue, up 7.8%. EPS came in at $0.64, up from $0.44 during the prior-year period and $0.10 higher than analysts were expecting. Gross margin rose to 45.4%, up from 42.9% during the prior-year period. Share buybacks over the past year helped boost per-share earnings, with the company's diluted share count declining by 11.9% year over year. Now what: With two big earnings beats in a row, shares of Copart continue their multi-year climb higher. The stock has now more than doubled over the past five years. CPRT data by YCharts . The company's revenue growth can be volatile, so investors shouldn't expect double-digit growth every quarter. Copart reported a string of disappointing earnings reports last year, with revenue slumping for five quarters in a row. But with that period of weakness now behind it, investors are pushing the stock higher. Something big just happened I don't know about you, but I always pay attention when one of the best growth investors in the world gives me a stock tip. Motley Fool co-founder David Gardner (whose growth-stock newsletter was the best performing in the U.S. as reported by The Wall Street Journal )* and his brother, Motley Fool CEO Tom Gardner, just revealed two brand new stock recommendations. Together, they've tripled the stock market's return over the last 13 years. And while timing isn't everything, the history of Tom and David's stock picks shows that it pays to get in early on their ideas. Click here to be among the first people to hear about David and Tom's newest stock recommendations. *\""Look Who's on Top Now\"" appeared in The Wall Street Journal in Aug. 2013, which references Hulbert's rankings of the best-performing stock-picking newsletters over a 5-year period from 2008-2013. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Benzinga's Volume Movers"", ""Stocks Hitting 52-Week Highs"", ""Copart (CPRT) A. Jayson Adair on Q3 2016 Results - Earnings Call Transcript"", ""JPMorgan: 22 stocks for no Brexit"", ""22 Stocks For a No Brexit Vote JPMorgan strategist Dubravko Lakos-Bujas and team argue that UK subsidiaries of US companies won't be hit too hard if Britain votes to leave the European Union. And if the country votes against Brexit, well, then stocks like Ford Motor (F), eBay (EBAY), Xerox (XRX), Copart (CPRT), and Signet Jewelers (SIG) could outperform. They explain:""]"
CPRT,2016-05-27,6.0,6.1425,5.98,6.10875,"Copart (CPRT) Catches Eye: Stock Adds 9.6% in Session Copart, Inc.CPRT was a big mover last session, as the company saw its shares rise over 9% on the day. The upside was driven by the company's announcement of better-than-expected top- and bottom-line results for the third quarter of fiscal 2016. This led to solid volume too with far more shares changing hands than in a normal session. Yesterday's rally breaks the recent trend of the company, as the stock is now trading above the volatile price range of $42.49 to $44.05 in the past one-month time frame. The company has seen no estimate revisions over the past 30 days, while the Zacks Consensus Estimate remained unchanged over the same time frame. Yesterday's price action is encouraging though, so make sure to keep a close watch on this firm in the near future. Copart currently has a Zacks Rank #3 (Hold). A better-ranked stock in the same industry is Ritchie Bros. Auctioneers Incorporated RBA , which sports a Zacks Rank #1 (Strong Buy). Is CPRT going up? Or down? Predict to see what others think: Up or Down Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days . Click to get this free report >> Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report RITCHIE BROS (RBA): Free Stock Analysis Report COPART INC (CPRT): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
CPRT,2016-05-31,6.15625,6.2375,6.09125,6.18875,
CPRT,2016-06-01,6.22125,6.2375,6.153,6.17,"Copart, Inc Keeps Investing in Growth, Buying Back Shares Copart reported strong growth in volume in the quarter, and expects that trend to continue. Copart, Inc (NASDAQ: CPRT) reported third-quarter earnings on May 26, and the auto recycler and auction-services provider turned in double-digit revenue and earnings growth. This makes two quarters in a row of solid revenue growth after a sales stall in late-2014 through 2015. Management doesn't appear ready to rest on this rebound, with the company continuing to invest in more capacity. Here's a closer look at Copart's third-quarter results, and what management said going forward. The numbers Revenue and net income in millions. Data source: Copart, Inc. What happened in the quarter Revenue was up 17%, largely driven by an 18% increase in service revenue. Management said that this was largely due to increased U.S. driving activity, which means increased accident rates -- hence, more scrapped cars from insurance companies going to auction. Scrap rates are still down about 9% since last year; however, they've rebounded almost 14% during the past two quarters sequentially. If this trend continues, it will drive both higher service and direct-sales revenue. Used-car prices remain slightly depressed, as well, down more than 1%. But like scrap prices, used car ASPs increased sequentially. General and administrative expenses increased $1.9 million, but fell as a percentage of sales, to 10.3% versus 10.8% last year, and 10.9% sequentially. Operating income and net income both increased at a higher rate than revenue, as total expenses as a percent of sales declined sequentially, and from last year. Earnings per share increased sharply due to share buybacks in addition to improved overall profitability. The company has bought back 17.5 million shares during the past 12 months, and repurchased 2.9 million in the third quarter. Debt continues to be part of Copart's buyback and growth-investment strategy. Copart spent $66.1 million in capex in the quarter, 18% more than the $55 million it spent in the prior quarter, while its total debt and cash on the balance sheet was relatively the same as the company reported after the second quarter. The company refinanced $300 million in debt for five years in the quarter, and increased its revolving credit by $50 million, both at better terms with lower interest rates than prior credit agreements. What management said Executive Vice President of U.S. Operations and Shared Services William Franklin talked about a shifting trend in the U.S. that's driving top-line growth. Next, Franklin discusses how the company is turning that growth into even bigger profits by maintaining discipline on operating expenses: Looking ahead In the second quarter, Copart announced plans to open another 15 yards during the next 12 months, and made significant progress on that front. It acquired five yards, and placed two of those in service during the third quarter. Based on the recent trends of more people driving more miles, and the average age of cars on the road, management is clearly betting that the extra capacity will pay off in continued growth going forward. The company is also in a position to fund much of that growth with cash flows, as the $65 million capex spend in the quarter showed. When it comes to shareholder return growth, share repurchases look to remain a big driver. The company has repurchased some 14% of shares outstanding during the past 12 months, and still has 44.5 million shares available for repurchase under the current board-approved repurchase program. That's more than 40% of the company's entire shares, so it's likely that we'll see a continuation of this aggressive buyback program in the future. A secret billion-dollar stock opportunity The world's biggest tech company forgot to show you something, but a few Wall Street analysts and the Fool didn't miss a beat: There's a small company that's powering their brand-new gadgets and the coming revolution in technology. And we think its stock price has nearly unlimited room to run for early in-the-know investors! To be one of them, just click here . The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
CPRT,2016-06-02,6.16625,6.19,6.11875,6.1825,"Copart (CPRT) Shares March Higher, Can It Continue? As of late, it has definitely been a great time to be an investor in Copart, Inc.CPRT . The stock has moved higher by 15.6% in the past month, while it is also above its 20 Day SMA too. This combination of strong price performance and favorable technical, could suggest that the stock may be on the right path. We certainly think that this might be the case, particularly if you consider CPRT's recent earnings estimate revision activity. From this look, the company's future is quite favorable; as CPRT has earned itself a Zacks Rank #1 (Strong Buy), meaning that its recent run may continue for a bit longer, and that this isn't the top for the in-focus company. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days . Click to get this free report >> Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report COPART INC (CPRT): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
CPRT,2016-06-03,6.175,6.2175,6.093,6.1025,"[""Top Fund Buys: Portfolios Cemented With U.S. Concrete, Ulta Beauty"", ""Top Fund Buys: Portfolios Cemented With U.S. Concrete, Ulta Beauty"", ""Top Fund Buys: Portfolios Cemented With U.S. Concrete, Ulta Beauty""]"
CPRT,2016-06-06,6.11125,6.15375,6.07375,6.1275,"[""As Low Volatility ETFs Draw Interest, One Could Dodge Rising Rates"", ""As Low Volatility ETFs Draw Interest, One Could Dodge Rising Rates"", ""As Low Volatility ETFs Draw Interest, One Could Dodge Rising Rates""]"
CPRT,2016-06-07,6.1275,6.19125,6.0955,6.1675,"[""Buy These 5 Stocks with Explosive Earnings Growth From CEOs to research analysts, everyone is fascinated with a metric called earnings. But, what exactly do earnings represent and why do they draw so much attention? This is simply because earnings indicate how much money a company makes. Take a company's revenue over a given period of time, subtract the cost of production and, there it is, you have earnings! This metric significantly influences a company's share price. Upbeat earnings results generally lead to an uptick in the share price. However, in addition to actual earnings, expectations of earnings also play a significant role in influencing the share price. Earnings Estimates and Their Impact on Stock Prices On numerous occasions we have seen a company's shares falling in spite of generating earnings growth. This happens because of missing estimates. Here, earnings estimate revisions come into play. These are analysts' expectation of the future earnings power of the firm that helps in determining the stock price movement. But what exactly do earnings estimates represent? Earnings estimates embody analysts' opinions of factors such as sales growth, product demand, competitive industry environment, profit margins, expenses and cost control. So, while zeroing down to buy stocks with solid earnings growth, it is also important to figure out whether its earnings estimates are on the rise or not. We have selected stocks that not only possess historical earnings growth but are also seeing an increase in quarterly and annual earnings estimates. The Winning Strategy In order to shortlist stocks that have striking earnings growth and positive estimate revisions, we added the following parameters: Zacks Rank less than or equal to 2 (Only Zacks' 'Buys' and 'Strong Buys' are allowed. With the Zacks Rank proving itself to be one of the best rating systems out there, this is a great way to start things off.) 5-Year Historical EPS Growth (%) greater than X-Industry : Stocks that possess strong EPS growth history. % Change EPS F(0)/F(-1) greater than or equal to 5 : Companies that witnessed year-over-year earnings growth rate of 5% or more in the last reported fiscal year. % Change Q1 Estimates over the last 4 weeks greater than zero : Stocks that have seen their current quarter earnings estimates revised higher in the last 4 weeks. % Change F1 Estimates over the last 1 week greater than zero : Stocks that have seen their annual earnings estimates revised higher in the last 1 week. % Change F1 Estimates over the last 4 weeks greater than zero : Stocks that have seen their annual earnings estimates revised higher in the last 4 weeks. The above criteria narrowed down the universe of over 7,747 stocks to only 7. Here are the top 5 stocks: Dycom Industries Inc. ( DY ) Casey's General Stores, Inc. ( CASY ) Copart, Inc. ( CPRT ) Boston Scientific Corporation ( BSX ) Euronet Worldwide, Inc. ( EEFT ) You can get the rest of the stocks on this list by signing up now for your 2-week free trial to the Research Wizard and start using this screen in your own trading. Further, you can also create your own strategies and test them first before taking the investment plunge. The Research Wizard is a great place to begin. It's easy to use. Everything is in plain language. And it's very intuitive. Start your Research Wizard trial today. And the next time you read an economic report, open up the Research Wizard, plug your finds in, and see what gems come out. Click here to sign up for a free trial to the Research Wizard today . Disclosure: Officers, directors and/or employees of Zacks Investment Research may own or have sold short securities and/or hold long and/or short positions in options that are mentioned in this material. An affiliated investment advisory firm may own or have sold short securities and/or hold long and/or short positions in options that are mentioned in this material. Disclosure: Performance information for Zacks' portfolios and strategies are available at: https://www.zacks.com/performance Zacks Restaurant Recommendations: In addition to dining at these special places, you can feast on their stock shares. A Zacks Special Report spotlights 5 recent IPOs to watch plus 2 stocks that offer immediate promise in a booming sector. Download it free \u00bb Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report DYCOM INDS (DY): Free Stock Analysis Report EURONET WORLDWD (EEFT): Free Stock Analysis Report BOSTON SCIENTIF (BSX): Free Stock Analysis Report CASEYS GEN STRS (CASY): Free Stock Analysis Report COPART INC (CPRT): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""3 Reasons Why Copart (CPRT) is a Great Momentum Stock Many investors like to look for momentum in stocks, but this can be very tough to define. There is great debate regarding which metrics are the best to focus on in this regard, and which are not really quality indicators of future performance. Fortunately, with our new style score system we have identified the key statistics to pay close attention to and thus which stocks might be the best for momentum investors in the near term. This method discovered several great candidates for momentum-oriented investors, but today let's focus in on Copart, Inc. CPRT as this stock is looking especially impressive right now. And while there are numerous ways in which this company could be a great choice, we have highlighted three of the most vital reasons for CPRT's status as a solid momentum stock below: Longer Term Price Change forCopart While any stock can see a spike in price, it takes a real winner to consistently outperform the market. That is why looking at longer term price metrics-such as performance over the past three months or year-- and comparing these to an industry at large can be very useful. And in the case of CPRT, the results are quite impressive. The company has beaten out the industry at large over the past 12 weeks by a margin of 23.4% to 21.8% while it has also outperformed when looking at the past year, putting up a gain of 39.1%. Clearly, CPRT is riding a bit of a hot streak and is worth a closer look by investors. Quarter EPS Estimate Change for Copart While looking at price performance or full year earnings can be essential to understanding a momentum stock, you shouldn't forget about the current quarter EPS and the trend in estimates there. This change can signal how a stock might perform in the next earnings season which is obviously vital for momentum investors. Right now, CPRT is seeing a nice trend over the past month when it comes to this quarter's earnings estimate projections. In the time frame, EPS estimates for Coparthave gone up by 7.7% compared to an industry average move of 5.5%, suggesting that not only is CPRT heading in the right direction, but it is seeing an increase relative to the industry too. CPRT Earnings Estimate Revisions Moving in the Right Direction While the great momentum factors outlined in the preceding paragraphs might be enough for some investors, we should also take into account broad earnings estimate revision trends. A nice path here can really help to show us a promising stock, and we have actually been seeing that with CPRT as of late too. Over the past two months, 5 earning estimates have gone higher compared to none lower for the full year, while we are also seeing that 5 estimates have moved upwards with no downward revisions for the next year time frame too. These revisions have helped to boost the consensus estimate as two months ago CPRT was expected to post earnings of $1.94/share for the full year, though today it looks to have EPS of $2.07 for the full year now, representing a solid increase which is something that should definitely be welcomed news to would-be investors. Bottom Line Given these factors, investors shouldn't be surprised to note that we have CPRT as a security with a Zacks Rank #1 (Strong Buy) and a Momentum Score of 'A'.So if you are looking for a fresh pick that has potential to move in the right direction, definitely keep CPRT on your short list as this looks be a stock that is very well-positioned to soar in the near term. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days . Click to get this free report >> Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report COPART INC (CPRT): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Copart (CPRT) Opens First Location in the Republic of Ireland Shares of Copart, Inc.CPRT inched up 0.2% on Jun 2 after the company announced the opening of its first location in the Republic of Ireland. Copart also held its first online auction from the location on May 31, which was highly successful. The opening of the new location, situated at Castledermot in Carlow, Ireland, is part of Copart's expansion strategy for the European market. The company has many customers in Ireland, which will be beneficial for the latest location. Copart will use the location as its base for future auctions in Ireland. Copart is expanding its network of facilities to manage increasing volumes. In May 2016, the company announced the expansion of its location in Brighton, CO as well as the opening of its second location in Colorado at a 20-acre area in Colorado Springs. As part of this expansion plan, the company also acquired 2 new locations in Texas in Apr 2016, taking its total locations in the state to 14. Copart also extended its reach to India, with the first auction in the nation held in Oct 2015. Additionally, Copart has been focused on expanding in the Middle East over the last few years. The UAE ranks second in the international market for cars sold from the company's North American yards. Copart is a prominent player in online auctions and vehicle remarketing services in the U.S., Canada, U.K., UAE, Bahrain, India, Sultanate of Oman, Spain, Brazil, Germany, and the Republic of Ireland. Its peers in the auction and valuations services business include Sotheby's BID , Ritchie Bros. Auctioneers Incorporated RBA and Liquidity Services, Inc. LQDT . The company, with a Zacks Rank #1 (Strong Buy), provides a wide range of remarketing services to vehicle suppliers, primarily insurance companies, to process and sell salvage vehicles. This is done mainly over the Internet, through its Virtual Bidding Internet auction-style sales technology. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days.Click to get this free report >> Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report RITCHIE BROS (RBA): Free Stock Analysis Report LIQUIDITY SVCS (LQDT): Free Stock Analysis Report SOTHEBYS (BID): Free Stock Analysis Report COPART INC (CPRT): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.""]"
CPRT,2016-06-08,6.155,6.2125,6.1025,6.2125,"Is Copart (CPRT) Stock a Solid Choice Right Now? One stock that might be an intriguing choice for investors right now is Copart, Inc.CPRT . This is because this security in the Auction/ Valuation Services space is seeing solid earnings estimate revision activity, and is in great company from a Zacks Industry Rank perspective. This is important because, often times, a rising tide will lift all boats in an industry, as there can be broad trends taking place in a segment that are boosting securities across the board. This is arguably taking place in the Auction/ Valuation Services space as it currently has a Zacks Industry Rank of 9 out of more than 250 industries, suggesting it is well-positioned from this perspective, especially when compared to other segments out there. Meanwhile, Copart is actually looking pretty good on its own too. The firm has seen solid earnings estimate revision activity over the past month, suggesting analysts are becoming a bit more bullish on the firm's prospects in both the short and long term. In fact, over the past month, current quarter estimates have risen from 50 cents per share to 54 cents per share, while current year estimates have risen from $1.95 per share to $2.07 per share. This has helped CPRT to earn a Zacks Rank #1 (Strong Buy), further underscoring the company's solid position. So, if you are looking for a decent pick in a strong industry, consider Copart. Not only is its industry currently in the top third, but it is seeing solid estimate revisions as of late, suggesting it could be a very interesting choice for investors seeking a name in this great industry segment. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days.Click to get this free report >> Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report COPART INC (CPRT): Free Stock Analysis Report To read this article on Zacks.com click here. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
CPRT,2016-06-09,6.17875,6.26,6.1125,6.24875,"[""Copart Acquires New Location in Candia, New Hampshire"", ""Chuck Royce on His Oldest Mutual Fund"", ""Copart Acquires New Location in Candia, New Hampshire, Terms Not Disclosed"", ""Copart Acquires New Location in Candia, New Hampshire, Terms Not Disclosed"", ""Copart Acquires New Location in Candia, New Hampshire"", ""Chuck Royce on His Oldest Mutual Fund"", ""Psychology and Investing, Part \u2018 In the final post of this three-part series we'll cover a variety of traps and biases the individual investor will inevitably stumble upon. Behavioral finance has shown investing can be just as much about the person as it is the numbers and often investors are their own worst enemies. I want to cover quite a few of these emotional snares in this article so you can identify and avoid them in the future. Talking points Positive traps and biases. Negative traps and biases. Thoughts on how to avoid. Positive traps and biases IAAAve broken the psychological and emotional pitfalls down into two sections in order to keep them easier to remember. Positive traps and biases will cover more optimistic thought processes while negative will include the more pessimistic side. Overconfidence: AA Potentially the most dangerous emotion. To put it bluntly, we have a tendency to believe we are much smarter and much more capable than we really are. While it's only human nature it can be very hazardous nonetheless for investors to assume they're great at picking stocks. Numbers back this up as studies have shown when we say we're 90% sure of something, we're right about 70% of the time. Instead of assuming you're brilliant and can pick excellent stocks out of a hat, practice a value investing approach and diligently select stocks based on fundamentals and value. Anchoring: AA The tendency to \""anchor\"" thoughts on a reference point that may have no relevance to the decision on hand. Investors commonly get caught in this trap focusing on recent performance, or price paid, all too often. When reviewing or valuing a company one can get \""anchored\"" on one's own valuations, a company's earnings or even analyst sentiment. This can lead to purchasing and holding on to stocks purely based on emotion and not analysis. Confirmation bias: AA Another risk that stems from both overconfidence and anchoring is confirmation bias or the act of selectively filtering information that supports an original opinion. For instance, investors may seek out data that backs up their initial decisions to buy stocks rather than analyzing if they might have made mistakes. This type of behavior also leads to us adjusting our reasoning for purchasing a stock in the first place. This is dangerous and inhibits us from viewing our decisions as objectively as we should. Selective memory: AA Yet another danger to which overconfidence may lead, selective memory is the art of remembering the past inaccurately, selectively picking out the parts that suit our needs or buff up our self-image. This is a fatal flaw because it means we can never learn from our mistakes, a terrible thing in the world of investing. Negative traps and biases Now for a few dealing with the dark side. Loss aversion: AA Warren Buffett Recent Buys Warren Buffett's Current Portfolio This Powerful Chart Made Peter Lynch 29% A Year For 13 Years Read More: Free seven-day trial Note of portfolio 56968 Note of portfolio 56AAA79 Note of portfolio 56698 About GuruFocus: GuruFocus.com tracks the stocks picks and portfolio holdings of the world's best investors. This value investing site offers stock screeners and valuation tools. And publishes daily articles tracking the latest moves of the world's best investors. GuruFocus also provides promising stock ideas in 3 monthly newsletters sent to Premium Members . This article first appeared on GuruFocus . The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Chuck Royce on His Oldest Mutual Fund Chuck Royce ( Trades , Portfolio ) purchased the Pennsylvania Mutual Fund through an acquisition of Quest Advisory Corp. in 1972. With the acquisition of the fund, he began to focus his investments more in the small-cap space which is what he and his firm are now known for in the industry. In 1997, Royce changed the name of Quest Advisory Corp. to Royce and Associates and further built out additional funds and investment professionals focused on small-cap stocks. The Pennsylvania Mutual Fund is considered a flagship fund for the firm, and this year it has returned 10.93%. The fund is an actively managed fund focused on small-cap stocks of up to $3 billion. The fund is most heavily weighted in industrials and its top holdings include: KWR 15-Year Financial Data The intrinsic value of KWR Peter Lynch Chart of KWR Quaker Chemical ( KWR ) Ritchie Bros. Auctioneers ( RBA ) HEICO Corporation ( HEI ) Drew Industries ( DW ) Copart ( CPRT ) In a recent interview, RoyceAA gave his insight on the Pennsylvania Mutual Fund and some of the reasons for its recent outperformance. Start a free seven-day trial of Premium Membership to GuruFocus. About GuruFocus: GuruFocus.com tracks the stocks picks and portfolio holdings of the world's best investors. This value investing site offers stock screeners and valuation tools. And publishes daily articles tracking the latest moves of the world's best investors. GuruFocus also provides promising stock ideas in 3 monthly newsletters sent to Premium Members . This article first appeared on GuruFocus . The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Copart Acquires New Location in Candia, New Hampshire, Terms Not Disclosed"", ""Copart Acquires New Location in Candia, New Hampshire"", ""Chuck Royce on His Oldest Mutual Fund""]"
CPRT,2016-06-10,6.19375,6.2,6.11875,6.128,
CPRT,2016-06-13,6.1,6.14125,6.07125,6.11,"Copart Expands Through New Location in New Hampshire Share price of Copart, Inc.CPRT inched up 0.6% to $49.99 on Jun 9, after the company announced the acquisition of a new location in Candia, NH. Copart is focused on business expansion. According to the company, the new location in Candia will help it to better serve customers in Manchester and its surrounding communities. Copart is expanding its network of facilities to manage increasing volumes. In Jun 2016, the company announced the opening of its first location in the Republic of Ireland. Copart also held its first online auction from the location on May 31, which was highly successful. The opening of the new location, situated at Castledermot in Carlow, Ireland, is part of Copart's expansion strategy for the European market. The company has many customers in Ireland, which will be beneficial for the latest location. Copart will use the location as its base for future auctions in Ireland. In May 2016, the company announced the expansion of its location in Brighton, CO as well as the opening of its second location in Colorado at a 20-acre area in Colorado Springs. As part of this expansion plan, the company also acquired two new locations in Texas in Apr 2016, taking its total locations in the state to 14. It also expanded its operations to India, with the first auction in the nation held in Oct 2015. Additionally, Copart is focused on expanding in the Middle East over the last few years. In Jun 2015, the company opened its third facility, Copart Muscat Auctions LLC, in the Middle East. Located in Oman, this facility will prove beneficial for both logistics as well as domestic and international buyers and sellers who use Copart's auction services. The UAE ranks second in the international market for cars sold from Copart's North American yards. Therefore, the facility will help the company to provide buyers with faster access to Copart's auction stock. COPART INC Price COPART INC Price | COPART INC Quote Copart is a prominent player in online auctions and vehicle remarketing services in the U.S., Canada, U.K., UAE, Bahrain, India, Sultanate of Oman, Spain, Brazil, Germany, and the Republic of Ireland. The company, with a Zacks Rank #1 (Strong Buy), provides a wide range of remarketing services to vehicle suppliers, primarily insurance companies, to process and sell salvage vehicles. This is done mainly over the Internet, through its Virtual Bidding Internet auction-style sales technology. Other well-ranked automobile stocks include Lear Corp. LEA , Autoliv, Inc. ALV and Superior Industries International, Inc. SUP . All these stocks sport a Zacks Rank #1. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days.Click to get this free report >> Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report AUTOLIV INC (ALV): Free Stock Analysis Report SUPERIOR INDS (SUP): Free Stock Analysis Report LEAR CORPORATN (LEA): Free Stock Analysis Report COPART INC (CPRT): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
CPRT,2016-06-14,6.07875,6.11125,6.06875,6.09125,
CPRT,2016-06-15,6.11125,6.125,6.07,6.10625,
CPRT,2016-06-16,6.0775,6.1125,6.03375,6.10625,
CPRT,2016-06-17,6.08625,6.13875,6.06875,6.07375,
CPRT,2016-06-20,6.14125,6.1975,6.085,6.1425,"February 2017 Options Now Available For Copart (CPRT) Investors in Copart, Inc. (Symbol: CPRT) saw new options become available today, for the February 2017 expiration. One of the key data points that goes into the price an option buyer is willing to pay, is the time value, so with 242 days until expiration the newly available contracts represent a potential opportunity for sellers of puts or calls to achieve a higher premium than would be available for the contracts with a closer expiration. At Stock Options Channel , our YieldBoost formula has looked up and down the CPRT options chain for the new February 2017 contracts and identified one put and one call contract of particular interest. The put contract at the $45.00 strike price has a current bid of 20 cents. If an investor was to sell-to-open that put contract, they are committing to purchase the stock at $45.00, but will also collect the premium, putting the cost basis of the shares at $44.80 (before broker commissions). To an investor already interested in purchasing shares of CPRT, that could represent an attractive alternative to paying $49.32/share today. Because the $45.00 strike represents an approximate 9% discount to the current trading price of the stock (in other words it is out-of-the-money by that percentage), there is also the possibility that the put contract would expire worthless. The current analytical data (including greeks and implied greeks) suggest the current odds of that happening are 71%. Stock Options Channel will track those odds over time to see how they change, publishing a chart of those numbers on our website under the contract detail page for this contract . Should the contract expire worthless, the premium would represent a 0.44% return on the cash commitment, or 0.67% annualized - at Stock Options Channel we call this the YieldBoost . Below is a chart showing the trailing twelve month trading history for Copart, Inc., and highlighting in green where the $45.00 strike is located relative to that history: Turning to the calls side of the option chain, the call contract at the $50.00 strike price has a current bid of $1.25. If an investor was to purchase shares of CPRT stock at the current price level of $49.32/share, and then sell-to-open that call contract as a ""covered call,"" they are committing to sell the stock at $50.00. Considering the call seller will also collect the premium, that would drive a total return (excluding dividends, if any) of 3.91% if the stock gets called away at the February 2017 expiration (before broker commissions). Of course, a lot of upside could potentially be left on the table if CPRT shares really soar, which is why looking at the trailing twelve month trading history for Copart, Inc., as well as studying the business fundamentals becomes important. Below is a chart showing CPRT's trailing twelve month trading history, with the $50.00 strike highlighted in red: Considering the fact that the $50.00 strike represents an approximate 1% premium to the current trading price of the stock (in other words it is out-of-the-money by that percentage), there is also the possibility that the covered call contract would expire worthless, in which case the investor would keep both their shares of stock and the premium collected. The current analytical data (including greeks and implied greeks) suggest the current odds of that happening are 49%. On our website under the contract detail page for this contract , Stock Options Channel will track those odds over time to see how they change and publish a chart of those numbers (the trading history of the option contract will also be charted). Should the covered call contract expire worthless, the premium would represent a 2.53% boost of extra return to the investor, or 3.82% annualized, which we refer to as the YieldBoost . The implied volatility in the put contract example is 25%, while the implied volatility in the call contract example is 22%. Meanwhile, we calculate the actual trailing twelve month volatility (considering the last 251 trading day closing values as well as today's price of $49.32) to be 21%. For more put and call options contract ideas worth looking at, visit StockOptionsChannel.com. Top YieldBoost Calls of the S&P 500 » The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
CPRT,2016-06-21,6.13125,6.1695,6.105,6.1225,
CPRT,2016-06-22,6.14875,6.1755,6.097,6.10375,"[""InsiderInsights.com Daily Round Up 6/21/16: Dominion Midstream Partners, Viveve Medical, Corvus Pharmaceuticals, Minerva Neurosciences"", ""InsiderInsights.com Daily Round Up 6/21/16: Dominion Midstream Partners, Viveve Medical, Corvus Pharmaceuticals, Minerva Neurosciences"", ""Bet on These 5 Stocks with Solid Earnings Growth What are earnings? In simple terms, it is how much money a company generates. In other words, when you subtract the cost of production from revenues, you get earnings. But why is everyone, right from the top brass to research analysts, captivated by this metric? This is because earnings are the ultimate indicator of profitability and also have a direct impact on the share price. An upbeat earnings result more or less leads to an uptick in the share price. Earnings expectations too play a crucial role in share price movements. Impact of Earnings Estimates on Share Prices Despite generating earnings growth, companies have on several occasions seen their share prices falling. This happens when a company's earnings fail to meet market expectations. So, what are earnings estimates? These are analysts' expectations of a company's future quarterly or annual earnings. Earnings estimates embody analysts' opinions of factors such as sales growth, product demand, competitive industry environment, profit margins, expenses and cost control. Earnings estimates also help an analyst to use cash flow analysis to determine the fair value of a firm. So, it is imperative for an investor zeroing down to buy stocks with solid earnings growth to also make sure that their earnings estimates are on the rise. We have selected stocks that have displayed historical earnings growth and are also seeing a rise in quarterly and annual earnings estimates. Screening Parameters In order to shortlist stocks that have striking earnings growth and positive estimate revisions, we added the following parameters: Zacks Rank equal to 1 (Only Zacks' 'Strong Buys' are allowed. With the Zacks Rank proving itself to be one of the best rating systems out there, this is a great way to start things off.) 5-Year Historical EPS Growth (%) greater than X-Industry : Stocks that possess strong EPS growth history. % Change EPS F(0)/F(-1) greater than or equal to 5 : Companies that witnessed year-over-year earnings growth rate of 5% or more in the last reported fiscal year. % Change Q1 Estimates over the last 4 weeks greater than zero : Stocks that have seen their current quarter earnings estimates revised higher in the last 4 weeks. % Change F1 Estimates over the last 4 weeks greater than zero : Stocks that have seen their annual earnings estimates revised higher in the last 4 weeks. The above criteria narrowed down the universe of over 7,752 stocks to only 7. Here are the top 5 stocks: The J. M. Smucker CompanySJM manufactures and sells branded food products all over the world. SJM operates through four segments: U.S. Retail Coffee, U.S. Retail Consumer Foods, U.S. Retail Pet Foods, and International, Foodservice and Natural Foods. The company's estimated earnings growth rate for this year is 17.1%. Dycom Industries Inc.DY provides specialty contracting services in the U.S. DY provides a range of specialty contracting services including engineering, construction, maintenance and installation services. The company's estimated earnings growth rate for this year is 82.8%. Sanmina CorporationSANM provides integrated manufacturing solutions, components, products and repair logistics and after-market services across the globe. The company's estimated earnings growth rate for this year is 13.6%. Copart, Inc.CPRT offers a full range of services to process and sell salvage vehicles through auctions, mostly to licensed dismantlers, rebuilders and used vehicle dealers. The company's estimated earnings growth rate for this year is 23.9%. HNI Corp.HNI along with its subsidiaries engages in the design, manufacture and marketing of office furniture and hearth products primarily in the U.S. The company's estimated earnings growth rate for this year is 9.3%. You can get the rest of the stocks on this list by signing up now for your 2-week free trial to the Research Wizard and start using this screen in your own trading. Further, you can also create your own strategies and test them first before taking the investment plunge. The Research Wizard is a great place to begin. It's easy to use. Everything is in plain language. And it's very intuitive. Start your Research Wizard trial today. And the next time you read an economic report, open up the Research Wizard, plug your finds in, and see what gems come out. Click here to sign up for a free trial to the Research Wizard today . Disclosure: Officers, directors and/or employees of Zacks Investment Research may own or have sold short securities and/or hold long and/or short positions in options that are mentioned in this material. An affiliated investment advisory firm may own or have sold short securities and/or hold long and/or short positions in options that are mentioned in this material. Disclosure: Performance information for Zacks' portfolios and strategies are available at: https://www.zacks.com/performance Zacks Restaurant Recommendations: In addition to dining at these special places, you can feast on their stock shares. A Zacks Special Report spotlights 5 recent IPOs to watch plus 2 stocks that offer immediate promise in a booming sector. Download it free \u00bb Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report DYCOM INDS (DY): Free Stock Analysis Report SMUCKER JM (SJM): Free Stock Analysis Report SANMINA CORP (SANM): Free Stock Analysis Report COPART INC (CPRT): Free Stock Analysis Report HNI CORP (HNI): Free Stock Analysis Report To read this article on Zacks.com click here. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""InsiderInsights.com Daily Round Up 6/21/16: Dominion Midstream Partners, Viveve Medical, Corvus Pharmaceuticals, Minerva Neurosciences""]"
CPRT,2016-06-23,6.16875,6.17875,6.12375,6.17875,"[""Zacks.com featured highlights: J. M. Smucker, Dycom Industries, Sanmina, Copart and HNI For Immediate Release Chicago, IL - June 23, 2016 - Stocks in this week's article include: J. M. Smucker Company ( SJM ), Dycom Industries Inc. ( DY ), Sanmina Corporation ( SANM ), Copart, Inc. ( CPRT ) and HNI Corp. ( HNI ). Screen of the Week of Zacks Investment Research: Bet on These 5 Stocks with Solid Earnings Growth An upbeat earnings result more or less leads to an uptick in the share price. Earnings expectations too play a crucial role in share price movements. Impact of Earnings Estimates on Share Prices Despite generating earnings growth, companies have on several occasions seen their share prices falling. This happens when a company's earnings fail to meet market expectations. So, what are earnings estimates? These are analysts' expectations of a company's future quarterly or annual earnings. Earnings estimates embody analysts' opinions of factors such as sales growth, product demand, competitive industry environment, profit margins, expenses and cost control. Earnings estimates also help an analyst to use cash flow analysis to determine the fair value of a firm. So, it is imperative for an investor zeroing down to buy stocks with solid earnings growth to also make sure that their earnings estimates are on the rise. We have selected stocks that have displayed historical earnings growth and are also seeing a rise in quarterly and annual earnings estimates. Screening Parameters In order to shortlist stocks that have striking earnings growth and positive estimate revisions, we added the following parameters: Zacks Rank equal to 1 (Only Zacks' 'Strong Buys' are allowed. With the Zacks Rank proving itself to be one of the best rating systems out there, this is a great way to start things off.) 5-Year Historical EPS Growth (%) greater than X-Industry : Stocks that possess strong EPS growth history. % Change EPS F(0)/F(-1) greater than or equal to 5 : Companies that witnessed year-over-year earnings growth rate of 5% or more in the last reported fiscal year. % Change Q1 Estimates over the last 4 weeks greater than zero : Stocks that have seen their current quarter earnings estimates revised higher in the last 4 weeks. % Change F1 Estimates over the last 4 weeks greater than zero : Stocks that have seen their annual earnings estimates revised higher in the last 4 weeks. The above criteria narrowed down the universe of over 7,752 stocks to only 7. Here are the top 5 stocks: The J. M. Smucker Company ( SJM ) manufactures and sells branded food products all over the world. SJM operates through four segments: U.S. Retail Coffee, U.S. Retail Consumer Foods, U.S. Retail Pet Foods, and International, Foodservice and Natural Foods. The company's estimated earnings growth rate for this year is 17.1%. Dycom Industries Inc. ( DY ) provides specialty contracting services in the U.S. DY provides a range of specialty contracting services including engineering, construction, maintenance and installation services. The company's estimated earnings growth rate for this year is 82.8%. Sanmina Corporation ( SANM ) provides integrated manufacturing solutions, components, products and repair logistics and after-market services across the globe. The company's estimated earnings growth rate for this year is 13.6%. Copart, Inc. ( CPRT ) offers a full range of services to process and sell salvage vehicles through auctions, mostly to licensed dismantlers, rebuilders and used vehicle dealers. The company's estimated earnings growth rate for this year is 23.9%. HNI Corp. ( HNI ) along with its subsidiaries engages in the design, manufacture and marketing of office furniture and hearth products primarily in the U.S. The company's estimated earnings growth rate for this year is 9.3%. You can get the rest of the stocks on this list by signing up now for your 2-week free trial to the Research Wizard and start using this screen in your own trading. Further, you can also create your own strategies and test them first before taking the investment plunge. The Research Wizard is a great place to begin. It's easy to use. Everything is in plain language. And it's very intuitive. Start your Research Wizard trial today. And the next time you read an economic report, open up the Research Wizard, plug your finds in, and see what gems come out. Click here to sign up for a free trial to the Research Wizard today . Disclosure: Officers, directors and/or employees of Zacks Investment Research may own or have sold short securities and/or hold long and/or short positions in options that are mentioned in this material. An affiliated investment advisory firm may own or have sold short securities and/or hold long and/or short positions in options that are mentioned in this material. Disclosure: Performance information for Zacks' portfolios and strategies are available at: https://www.zacks.com/performance Zacks Restaurant Recommendations: In addition to dining at these special places, you can feast on their stock shares. A Zacks Special Report spotlights 5 recent IPOs to watch plus 2 stocks that offer immediate promise in a booming sector. Download it free \u00bb Sign up now for your free trial today and start picking better stocks immediately. And with the backtesting feature, you can test your ideas to see how you can improve your trading in both up markets and down markets. Don't wait for the market to get better before you decide to do better. Start learning how to be a better trader today: https://at.zacks.com/?id=111 Disclosure: Officers, directors and/or employees of Zacks Investment Research may own or have sold short securities and/or hold long and/or short positions in options that are mentioned in this material. An affiliated investment advisory firm may own or have sold short securities and/or hold long and/or short positions in options that are mentioned in this material. About Screen of the Week Zacks.com created the first and best screening system on the web earning the distinction as the \""#1 site for screening stocks\"" by Money Magazine. But powerful screening tools is just the start. That is why Zacks created the Screen of the Week to highlight profitable stock picking strategies that investors can actively use. Each week, Zacks Profit from the Pros free email newsletter shares a new screening strategy. Learn more about it here https://at.zacks.com/?id=112 About Zacks Zacks.com is a property of Zacks Investment Research, Inc., which was formed in 1978. The later formation of the Zacks Rank, a proprietary stock picking system; continues to outperform the market by nearly a 3 to 1 margin. The best way to unlock the profitable stock recommendations and market insights of Zacks Investment Research is through our free daily email newsletter; Profit from the Pros. In short, it's your steady flow of Profitable ideas GUARANTEED to be worth your time! Click here for your free subscription to Profit from the Pros . Follow us on Twitter: https://twitter.com/zacksresearch Join us on Facebook: https://www.facebook.com/ZacksInvestmentResearch Zacks Investment Research is under common control with affiliated entities (including a broker-dealer and an investment adviser), which may engage in transactions involving the foregoing securities for the clients of such affiliates. Contact: Jim Giaquinto Company: Zacks.com Phone: 312-265-9268 Email: pr@zacks.com Visit: https://www.zacks.com/performance Zacks.com provides investment resources and informs you of these resources, which you may choose to use in making your own investment decisions. Zacks is providing information on this resource to you subject to the Zacks \""Terms and Conditions of Service\"" disclaimer. www.zacks.com/disclaimer . Past performance is no guarantee of future results. Inherent in any investment is the potential for loss. This material is being provided for informational purposes only and nothing herein constitutes investment, legal, accounting or tax advice, or a recommendation to buy, sell or hold a security. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. It should not be assumed that any investments in securities, companies, sectors or markets identified and described were or will be profitable. All information is current as of the date of herein and is subject to change without notice. Any views or opinions expressed may not reflect those of the firm as a whole. Zacks Investment Research does not engage in investment banking, market making or asset management activities of any securities. These returns are from hypothetical portfolios consisting of stocks with Zacks Rank = 1 that were rebalanced monthly with zero transaction costs. These are not the returns of actual portfolios of stocks. The S&P 500 is an unmanaged index. Visit https://www.zacks.com/performance for information about the performance numbers displayed in this press release. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report SMUCKER JM (SJM): Free Stock Analysis Report DYCOM INDS (DY): Free Stock Analysis Report SANMINA CORP (SANM): Free Stock Analysis Report COPART INC (CPRT): Free Stock Analysis Report HNI CORP (HNI): Free Stock Analysis Report To read this article on Zacks.com click here. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Business Services Stock Outlook - June 2016 The business services sector provides ancillary services to the other players in the market. Hence, the core business of one company in this sector can be a business service for another. Importantly, this dynamism opens the door to many business services companies. The intensely competitive business services sector must rigorously work toward controlling costs and generating higher revenues so that its profitability does not suffer. A focus on functions and activities close to its core competence is a prerequisite in reaping the benefits of economies of scale, besides improving competitive positioning. Notably, business service occupies a handsome share in a country's gross domestic product (GDP) with the gradual shift in the global economy from agriculture to industry to now business services. The sector therefore plays a major role in a country's overall development. The fortunes of business service operators are closely tied to the health of the broader economy. As per the U.S. Bureau of Economic Analysis (BEA), domestic economy expanded at a rate of 0.8% in the first quarter of 2016, which benefited from higher contribution from personal consumption expenditures and increased residential fixed investment. The growth momentum is now expected to accelerate by 1.7% in 2016 and 3.0% in 2017. This improving outlook for the U.S. economy is therefore a net positive for the sector. Though the bureau presently estimates total industrial production to decline 0.9% in 2016, the same is expected to be on the growth trajectory in 2017, with an estimated increase of 3.5%, thus offering opportunities of growth and expansion to business service providers. Moreover, a projected rise in expenditure should lend support to the business service sector. Economic sensitivity aside, business service companies are quite conservatively managed, with a large number of players sharing their excess cash with shareholders through dividends and share buybacks. Nonetheless, the business service sector is highly fragmented, with no single service provider enjoying market dominance. As per business reports, the top 50 companies of the sector contribute less than 25% to the overall revenue. However, given its unique nature, Zacks has classified the group as one of the 16 sectors (the S&P's official GIC classification has only 10 sectors where business services are grouped within the 'Industrials' sector). Notably, with about 3.4% of total market capitalization, the sector is estimated to have 2.8% share of income in 2016. Stand-Alone Zacks Sector This industry covers an array of services that include marketing, consulting, staffing, security, telecommunications, Internet services, logistics and waste handling. In its expanded sense, the U.S. business services sector generates consolidated yearly revenues of about $620 billion, though many companies mentioned below do not strictly fall within the generally accepted definition of the industry. Within the Zacks Industry classification, we have divided the business world into 16 sectors comprising 60 industries (at the medium or M-level) and 256 industries at the expanded or X-level. We rank all 256 X-level industries in the 16 sectors based on the earnings outlook of the constituent companies in each industry. This ranking is available in the Zacks Industry Rank page. The way to align the ranking and outlook from the complete list of Zacks Industry Rank for the 257+ industries is by dividing it into positive, neutral and negative categories depending on the Zacks Rank. The outlook for the top one-third of the list (Rank of #88 and lower) is positive, the middle one-third of the list (Rank of #89 to #176) is neutral while that for the bottom one-third (Rank #177 and higher) is a clear negative. Please note that the Zacks Rank for stocks - the core of our Industry Rank - has an impressive track record, verified by outside auditors, to foretell stock prices, in particular over the short term (one to three months). We have seven X-level industries within the Business Services sector: Auction/Valuation Services, Business Information Services, Business Services, Consulting, Financial Transaction Services, Outsourcing, Staffing and Waste Removal Services. Auction/Valuation Service ranked #10, Consulting ranked #14 and Financial Transaction Services with #59 rank are industries that fall in the upper 1/3 and have a positive outlook. Business Information Services with rank #95, Business Services at #103, Waste Removal at #110, Outsourcing at #161 and Staffing at rank #176 are positioned in the mid 1/3 of all Zacks industries and have a neutral outlook This allocation clearly points to a positive to neutral outlook for the sector. Notably, none of the industry fall in the bottom one-third tier of our ranking. Our top picks from the Consulting industry are FTI Consulting, Inc. (FCN) and Gartner Inc. (IT). We favor Total System Services, Inc. (TSS) from the Financial Transaction Services industry. Copart, Inc. (CPRT) and Ritchie Bros. Auctioneers Inc. (RBA) are our top picks from Auction/Valuation Service industry. Each of them sports Zacks Rank #1 (Strong Buy). Earnings Review & Outlook The earnings picture for the business service sector in the first quarter of 2016 was better than the S&P 500. Earnings witnessed 6.6% growth on 5.3% revenue improvement. The figures compare favorably with the numbers delivered by the S&P 500 (6.4% earnings decline on revenue decline of 0.8%). With the companies gearing up for their second-quarter earnings results, let's find out what's in store for the business service sector. Earnings for the to be reported quarter are estimated to decline 0.2% for the sector and 5.9% for the S&P. Revenues on the other hand are expected to exhibited growth of 7% versus a decline of 0.7% for the S&P. The graph below shows year-over-year bottom-line growth of the business service (BS) sector in comparison to the S&P 500. The graph below shows year-over-year top-line growth of the BS sector in comparison to the S&P 500. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report TOTAL SYS SVC (TSS): Free Stock Analysis Report RITCHIE BROS (RBA): Free Stock Analysis Report GARTNER INC -A (IT): Free Stock Analysis Report FTI CONSULTING (FCN): Free Stock Analysis Report COPART INC (CPRT): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.""]"
CPRT,2016-06-24,5.96,6.06125,5.88875,5.95125,"[""Market Plunge Disrupts Tight Trading Patterns In IBD 50"", ""Market Plunge Disrupts Tight Trading Patterns In IBD 50"", ""Zacks Industry Outlook Highlights: FTI Consulting, Gartner, Total System Services, Copart and Ritchie Bros. Auctioneers For Immediate Release Chicago, IL - June 24, 2016 - Today, Zacks Equity Research discusses Business Services, Part 1, including FTI Consulting, Inc. ( FCN ), Gartner Inc. ( IT ), Total System Services, Inc. ( TSS ), Copart, Inc. ( CPRT ) and Ritchie Bros. Auctioneers Inc. ( RBA ). Industry: Business Services, Part 1 Link: https://www.zacks.com/commentary/83902/business-services-stock-outlook---june-2016 The business services sector provides ancillary services to the other players in the market. Hence, the core business of one company in this sector can be a business service for another. Importantly, this dynamism opens the door to many business services companies. The intensely competitive business services sector must rigorously work toward controlling costs and generating higher revenues so that its profitability does not suffer. A focus on functions and activities close to its core competence is a prerequisite in reaping the benefits of economies of scale, besides improving competitive positioning. Notably, business service occupies a handsome share in a country's gross domestic product (GDP) with the gradual shift in the global economy from agriculture to industry to now business services. The sector therefore plays a major role in a country's overall development. The fortunes of business service operators are closely tied to the health of the broader economy. As per the U.S. Bureau of Economic Analysis (BEA), domestic economy expanded at a rate of 0.8% in the first quarter of 2016, which benefited from higher contribution from personal consumption expenditures and increased residential fixed investment. The growth momentum is now expected to accelerate by 1.7% in 2016 and 3.0% in 2017. This improving outlook for the U.S. economy is therefore a net positive for the sector. Though the bureau presently estimates total industrial production to decline 0.9% in 2016, the same is expected to be on the growth trajectory in 2017, with an estimated increase of 3.5%, thus offering opportunities of growth and expansion to business service providers. Moreover, a projected rise in expenditure should lend support to the business service sector. Economic sensitivity aside, business service companies are quite conservatively managed, with a large number of players sharing their excess cash with shareholders through dividends and share buybacks. Nonetheless, the business service sector is highly fragmented, with no single service provider enjoying market dominance. As per business reports, the top 50 companies of the sector contribute less than 25% to the overall revenue. However, given its unique nature, Zacks has classified the group as one of the 16 sectors (the S&P's official GIC classification has only 10 sectors where business services are grouped within the 'Industrials' sector). Notably, with about 3.4% of total market capitalization, the sector is estimated to have 2.8% share of income in 2016. Stand-Alone Zacks Sector This industry covers an array of services that include marketing, consulting, staffing, security, telecommunications, Internet services, logistics and waste handling. In its expanded sense, the U.S. business services sector generates consolidated yearly revenues of about $620 billion, though many companies mentioned below do not strictly fall within the generally accepted definition of the industry. Within the Zacks Industry classification, we have divided the business world into 16 sectors comprising 60 industries (at the medium or M-level) and 256 industries at the expanded or X-level. We rank all 256 X-level industries in the 16 sectors based on the earnings outlook of the constituent companies in each industry. This ranking is available in the Zacks Industry Rank page. The way to align the ranking and outlook from the complete list of Zacks Industry Rank for the 257+ industries is by dividing it into positive, neutral and negative categories depending on the Zacks Rank. The outlook for the top one-third of the list (Rank of #88 and lower) is positive, the middle one-third of the list (Rank of #89 to #176) is neutral while that for the bottom one-third (Rank #177 and higher) is a clear negative. Please note that the Zacks Rank for stocks - the core of our Industry Rank - has an impressive track record, verified by outside auditors, to foretell stock prices, in particular over the short term (one to three months). We have seven X-level industries within the Business Services sector: Auction/Valuation Services, Business Information Services, Business Services, Consulting, Financial Transaction Services, Outsourcing, Staffing and Waste Removal Services. Auction/Valuation Service ranked #10, Consulting ranked #14 and Financial Transaction Services with #59 rank are industries that fall in the upper 1/3 and have a positive outlook. Business Information Services with rank #95, Business Services at #103, Waste Removal at #110, Outsourcing at #161 and Staffing at rank #176 are positioned in the mid 1/3 of all Zacks industries and have a neutral outlook This allocation clearly points to a positive to neutral outlook for the sector. Notably, none of the industry fall in the bottom one-third tier of our ranking. Our top picks from the Consulting industry are FTI Consulting, Inc. ( FCN ) and Gartner Inc. ( IT ). We favor Total System Services, Inc. ( TSS ) from the Financial Transaction Services industry. Copart, Inc. ( CPRT ) and Ritchie Bros. Auctioneers Inc. ( RBA ) are our top picks from Auction/Valuation Service industry. Each of them sports Zacks Rank #1 (Strong Buy). Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days . Click to get this free report >> About Zacks Zacks.com is a property of Zacks Investment Research, Inc., which was formed in 1978. The later formation of the Zacks Rank, a proprietary stock picking system; continues to outperform the market by nearly a 3 to 1 margin. The best way to unlock the profitable stock recommendations and market insights of Zacks Investment Research is through our free daily email newsletter; Profit from the Pros. In short, it's your steady flow of Profitable ideas GUARANTEED to be worth your time! Click here for your free subscription to Profit from the Pros . Follow us on Twitter: https://twitter.com/zacksresearch Join us on Facebook: https://www.facebook.com/home.php#/pages/Zacks-Investment-Research/57553657748?ref=ts Zacks Investment Research is under common control with affiliated entities (including a broker-dealer and an investment adviser), which may engage in transactions involving the foregoing securities for the clients of such affiliates. Media Contact Zacks Investment Research 800-767-3771 ext. 9339 support@zacks.com https://www.zacks.com/performance Past performance is no guarantee of future results. Inherent in any investment is the potential for loss. This material is being provided for informational purposes only and nothing herein constitutes investment, legal, accounting or tax advice, or a recommendation to buy, sell or hold a security. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. It should not be assumed that any investments in securities, companies, sectors or markets identified and described were or will be profitable. All information is current as of the date of herein and is subject to change without notice. Any views or opinions expressed may not reflect those of the firm as a whole. Zacks Investment Research does not engage in investment banking, market making or asset management activities of any securities. These returns are from hypothetical portfolios consisting of stocks with Zacks Rank = 1 that were rebalanced monthly with zero transaction costs. These are not the returns of actual portfolios of stocks. The S&P 500 is an unmanaged index. Visit https://www.zacks.com/performance for information about the performance numbers displayed in this press release. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report FTI CONSULTING (FCN): Free Stock Analysis Report GARTNER INC -A (IT): Free Stock Analysis Report TOTAL SYS SVC (TSS): Free Stock Analysis Report COPART INC (CPRT): Free Stock Analysis Report RITCHIE BROS (RBA): Free Stock Analysis Report To read this article on Zacks.com click here. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Market Plunge Disrupts Tight Trading Patterns In IBD 50""]"
CPRT,2016-06-27,5.84375,5.88725,5.74625,5.8075,"Copart Announces Expansion of Houston Location; Stock Up Copart, Inc. 's CPRT shares gained 1.2% to close at $49.43 on Jun 22 after the company announced the expansion of its location in Houston, TX. Copart has been witnessing strong growth in Texas. As a result, earlier this month, the company also announced the expansion of its location in North Fort Worth, TX. Further, Copart acquired two new locations in Texas in Apr 2016, taking its total locations in the state to 14. In the same month, CrashedToys, the company's online auction division that specializes in the sale of used and repairable powersport vehicles, opened a new retail-entertainment-auction concept in Dallas. CrashedToys of Dallas sold 99 vehicles for a total of $375,000 on the opening day. Apart from Texas, Copart is expanding in other locations as well. Just this month, the company announced the acquisition of a new location in Candia, NH as well as the opening of its first location in the Republic of Ireland. In May 2016, Copart announced the expansion of its location in Brighton, CO as well as the opening of its second location in Colorado at a 20-acre area in Colorado Springs. The company also expanded its operations to India, with the first auction in the nation held in Oct 2015. Additionally, Copart has been focused on expanding in the Middle East over the last few years. The UAE ranks second in the international market for cars sold from the company's North American yards. COPART INC Price COPART INC Price | COPART INC Quote Copart is a prominent player in online auctions and vehicle remarketing services in the U.S., Canada, U.K., UAE, Bahrain, India, Sultanate of Oman, Spain, Brazil, Germany, and the Republic of Ireland. Its peers in the auction and valuations services business include Sotheby's BID , Ritchie Bros. Auctioneers Incorporated RBA and Liquidity Services, Inc. LQDT . The company, with a Zacks Rank #1 (Strong Buy), provides a wide range of remarketing services to vehicle suppliers, primarily insurance companies, to process and sell salvage vehicles. This is done mainly over the Internet, through its Virtual Bidding Internet auction-style sales technology. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days.Click to get this free report >> Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report RITCHIE BROS (RBA): Free Stock Analysis Report LIQUIDITY SVCS (LQDT): Free Stock Analysis Report SOTHEBYS (BID): Free Stock Analysis Report COPART INC (CPRT): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
CPRT,2016-06-28,5.84625,5.8725,5.79625,5.84125,"[""Stocks Hold Gains As Citi, JPMorgan, Other Banks Try To Rebound"", ""StreetSweeper to Issue Alert on Copart"", ""UPDATE: StreetSweeper Publishes 'Copart (CPRT): Five Reasons To Terminate This Stock'"", ""UPDATE: StreetSweeper Publishes 'Copart (CPRT): Five Reasons To Terminate This Stock'"", ""StreetSweeper to Issue Alert on Copart"", ""Stocks Hold Gains As Citi, JPMorgan, Other Banks Try To Rebound"", ""UPDATE: StreetSweeper Publishes 'Copart (CPRT): Five Reasons To Terminate This Stock'"", ""StreetSweeper to Issue Alert on Copart"", ""Stocks Hold Gains As Citi, JPMorgan, Other Banks Try To Rebound""]"
CPRT,2016-06-29,5.9075,6.197,5.87625,6.01125,"Invest in These 5 Efficient Stocks for Healthy Returns An investment strategy based on the efficiency level of a company is likely to lead to healthy returns across all market conditions. Efficiency is a measure of a company's potential to convert its available input into output. Different studies have shown that there is a direct relationship between a company's efficiency level and its price movement. So, investing in efficient companies may prove profitable. Key Efficiency Ratios Sometimes it becomes difficult to measure the efficiency level of a company. This is the reason why one must consider popular efficiency ratios to select potential stocks in order to build a profitable portfolio. These efficiency ratios are: Inventory Turnover: The ratio of 12-month cost of goods sold (COGS) to a 4-quarter average inventory, is considered as one of the most popular efficiency ratios. It indicates a company's ability to maintain a suitable inventory position. While a high value may indicate that the company has a relatively low level of inventory compared to COGS, a low value will indicate that the company is suffering from weak sales, which led to excess inventory. Receivables Turnover: This is the ratio of 12-month sales to four-quarter average receivables. It shows a company's potential to extend its credit and collect debt in terms of that credit. A high receivables turnover ratio or the ""accounts receivable turnover ratio"" or the ""debtor's turnover ratio"" is desirable as it signals that the company is capable of collecting its accounts receivables or that it has quality customers. Asset Utilization: This ratio indicates a company's capability to convert its assets into output and is thus a widely known measure of efficiency level. It is calculated by dividing total sales over the past 12 months by the last 4-quarter average of total assets. Like the above two ratios, high asset utilization may also indicate that a company is efficient. Operating Margin: This efficiency measure is the ratio of operating income over the past 12 months to sales over the same period. It measures a company's ability to control its operating expenses. Hence, a high value of the ratio may indicate that the company manages its operating expenses more efficiently than its peers. As efficiency level varies across different industries, it is best to select those stocks that have higher ratios compared to their industries. Along with higher ratios, we have considered only those stocks that have either a Zacks Rank #1 (Strong Buy) or a Zacks Rank #2 (Buy) in order to make the strategy more profitable. Screening Parameters Inventory Turnover, Receivables Turnover, Asset Utilization and Operating Margin greater than industry average: The values of these ratios higher than industry averages may indicate that the efficiency level of the company is higher than its peers. Zacks Rank less than or equal to #2 : Only Strong Buy and Buy rated stocks can get through. The use of these very few criteria has narrowed down the universe of over 7,700stocks to only 19. Here are five stocks from the 19 that made it through the screen: Copart, Inc.CPRT provides a full range of services to process and sell salvage vehicles through auctions, principally to licensed dismantlers, rebuilders and used vehicle dealers. Copart also has an average four-quarter positive earnings surprise of 9%. Tallgrass Energy GP, LPTEGP is engaged in the transportation, storage and processing of natural gas, transportation of crude oil and provision of water business services. This Zacks Rank #1 company has an average four-quarter positive earnings surprise of 82.6%. Vishay Intertechnology Inc.VSH is a leading international manufacturer and supplier of discrete passive electronic components and discrete active electronic components. This Zacks Rank #2 company has an average four-quarter positive earnings surprise of 16%. W.R. Grace & Co.GRA produces specialty chemicals. It primarily operates through two business segments, namely Davison Chemicals and Performance Chemicals. This Zacks Rank #2 company has an average four-quarter positive earnings surprise of 6.7%. SurModics, Inc.SRDX is a leading provider of surface modification technologies to healthcare domain throughout the globe. This Zacks Rank #2 company has an average four-quarter positive earnings surprise of 95%. While backtesting over a two-year timeframe (June 13, 2014 to June 10, 2016), considering a four-week holding period, a portfolio following this strategy provided a total return of 15% compared with the S&P 500's return of 6.9%. Thus this strategy may prove to be profitable for investors seeking healthy returns. Get the rest of the stocks on the list and start putting this and other ideas to the test. It can all be done with the Research Wizard stock picking and back-testing software. The Research Wizard is a great place to begin. It's easy to use. Everything is in plain language. And it's very intuitive. Start your Research Wizard trial today. And the next time you read an economic report, open up the Research Wizard, plug your finds in, and see what gems come out. Click here to sign up for a free trial to the Research Wizard today . Disclosure: Officers, directors and/or employees of Zacks Investment Research may own or have sold short securities and/or hold long and/or short positions in options that are mentioned in this material. An affiliated investment advisory firm may own or have sold short securities and/or hold long and/or short positions in options that are mentioned in this material. Disclosure: Performance information for Zacks' portfolios and strategies are available at:https://www.zacks.com/performance. Zacks Restaurant Recommendations: In addition to dining at these special places, you can feast on their stock shares. A Zacks Special Report spotlights 5 recent IPOs to watch plus 2 stocks that offer immediate promise in a booming sector. Download it free » Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report GRACE (WR) NEW (GRA): Free Stock Analysis Report SURMODICS (SRDX): Free Stock Analysis Report VISHAY INTERTEC (VSH): Free Stock Analysis Report COPART INC (CPRT): Free Stock Analysis Report TALLGRASS ENRGY (TEGP): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
CPRT,2016-06-30,6.03625,6.1275,5.99625,6.12625,
CPRT,2016-07-01,6.135,6.20375,6.0745,6.1675,"Liquidity Services (LQDT) Looks Good: Stock Gains 6.2% Liquidity Services, Inc.LQDT was a big mover last session, as the company saw its shares rise over 6% on the day. The move came on solid volume too with far more shares changing hands than in a normal session. This breaks the recent trend of the company, as the stock is now trading above the volatile price range of $6.94 to $7.53 in the past one-month time frame. The company has seen no estimate revisions over the past 30 days, while the Zacks Consensus Estimate remained unchanged over the same time frame. Yesterday's price action is encouraging though, so make sure to keep a close watch on this firm in the near future. Liquidity Services currently carries a Zacks Rank #2 (Buy) while its Earnings ESP is 0.00%. LIQUIDITY SVCS Price LIQUIDITY SVCS Price | LIQUIDITY SVCS Quote A better-ranked stock in the Auction/Valuation Services industry is Copart, Inc. CPRT , which sports a Zacks Rank #1 (Strong Buy). Is LQDT going up? Or down? Predict to see what others think: Up or Down Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days . Click to get this free report >> Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report LIQUIDITY SVCS (LQDT): Free Stock Analysis Report COPART INC (CPRT): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
CPRT,2016-07-05,6.1275,6.2125,6.10375,6.175,"Copart (CPRT) Stock Rises on Expansion of Orlando Location Copart, Inc. 's CPRT shares gained 1.91% to close at $49.01 on Jun 30 after the company announced the expansion of its Orlando location to manage the growing business. The shares continued to increase further, rising 0.67% to close at $49.34 on Jul 1. Copart is undertaking rapid expansion to grow its business. Recently, it announced the expansion of its location in Houston, TX. The company has been witnessing strong growth in Texas. As a result, last month, it also announced the expansion of its location in North Fort Worth, TX. Further, Copart acquired two new locations in Texas in Apr 2016, taking its total locations in the state to 14. In the same month, CrashedToys, the company's online auction division that specializes in the sale of used and repairable powersport vehicles, opened a new retail-entertainment-auction concept in Dallas. CrashedToys of Dallas sold 99 vehicles for a total of $375,000 on the opening day. Apart from Texas, Copart is expanding in other locations as well. In Jun 2016, the company announced the acquisition of a new location in Candia, NH as well as the opening of its first location in the Republic of Ireland. In May 2016, Copart announced the expansion of its location in Brighton, CO as well as the opening of its second location in Colorado at a 20-acre area in Colorado Springs. The company also expanded its operations to India, with the first auction in the nation held in Oct 2015. Additionally, Copart has been focused on expanding in the Middle East over the last few years. The UAE ranks second in the international market for cars sold from the company's North American yards. COPART INC Price COPART INC Price | COPART INC Quote Copart is a prominent player in online auctions and vehicle remarketing services in the U.S., Canada, U.K., UAE, Bahrain, India, Sultanate of Oman, Spain, Brazil, Germany, and the Republic of Ireland. Its peers in the auction and valuations services business include Sotheby's BID , Ritchie Bros. Auctioneers Incorporated RBA and Liquidity Services, Inc. LQDT . The company, with a Zacks Rank #1 (Strong Buy), provides a wide range of remarketing services to vehicle suppliers, primarily insurance companies, to process and sell salvage vehicles. This is done mainly over the Internet, through its Virtual Bidding Internet auction-style sales technology. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days.Click to get this free report >> Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report RITCHIE BROS (RBA): Free Stock Analysis Report LIQUIDITY SVCS (LQDT): Free Stock Analysis Report SOTHEBYS (BID): Free Stock Analysis Report COPART INC (CPRT): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
CPRT,2016-07-06,6.17375,6.218,6.135,6.165,
CPRT,2016-07-07,6.1725,6.21125,6.10625,6.11625,
CPRT,2016-07-08,6.17875,6.2525,6.1525,6.23125,
CPRT,2016-07-11,6.23875,6.29625,6.23625,6.25125,
CPRT,2016-07-12,6.29,6.33625,6.18875,6.25125,
CPRT,2016-07-13,6.285,6.285,6.19,6.195,
CPRT,2016-07-14,6.245,6.25875,6.20625,6.23875,
CPRT,2016-07-15,6.21625,6.2475,6.1875,6.2375,
CPRT,2016-07-18,6.265,6.29875,6.18625,6.195,"Copart (CPRT) Expands North Carolina Location to Spur Growth Copart, Inc.CPRT has expanded its location in China Grove, NC by adding land and space for higher volume of inventory. The company is undertaking rapid expansion to grow its business. Recently, it announced the expansion of its Orlando location to manage the growing business. Copart also announced the expansion of its location in Houston, TX. The company has been witnessing strong growth in Texas. As a result, last month, it also announced the expansion of its location in North Fort Worth, TX. Further, Copart acquired 2 new locations in Texas in Apr 2016, taking its total locations in the state to 14. In the same month, CrashedToys, the company's online auction division that specializes in the sale of used and repairable powersport vehicles, opened a new retail-entertainment-auction concept in Dallas. CrashedToys of Dallas sold 99 vehicles for a total of $375,000 on the opening day. Apart from Texas, Copart is expanding in other locations as well. In Jun 2016, the company announced the acquisition of a new location in Candia, NH as well as the opening of its first location in the Republic of Ireland. In May 2016, Copart announced the expansion of its location in Brighton, CO as well as the opening of its second location in Colorado at a 20-acre area in Colorado Springs. The company also expanded its operations to India, with the first auction in the nation held in Oct 2015. Additionally, Copart has been focused on expanding in the Middle East over the last few years. The UAE ranks second in the international market for cars sold from the company's North American yards. COPART INC Price COPART INC Price | COPART INC Quote Copart is a prominent player in online auctions and vehicle remarketing services in the U.S., Canada, U.K., UAE, Bahrain, India, Sultanate of Oman, Spain, Brazil, Germany, and the Republic of Ireland. Its peers in the auction and valuations services business include Sotheby's BID , Ritchie Bros. Auctioneers Incorporated RBA and Liquidity Services, Inc. LQDT . The company, with a Zacks Rank #1 (Strong Buy), provides a wide range of remarketing services to vehicle suppliers, primarily insurance companies, to process and sell salvage vehicles. This is done mainly over the Internet, through its Virtual Bidding Internet auction-style sales technology. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days.Click to get this free report >> Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report RITCHIE BROS (RBA): Free Stock Analysis Report LIQUIDITY SVCS (LQDT): Free Stock Analysis Report SOTHEBYS (BID): Free Stock Analysis Report COPART INC (CPRT): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
CPRT,2016-07-19,6.16875,6.20625,6.1375,6.1825,
CPRT,2016-07-20,6.19,6.2655,6.19,6.22,
CPRT,2016-07-21,6.20625,6.295,6.14625,6.21875,
CPRT,2016-07-22,6.2225,6.31875,6.19875,6.2955,
CPRT,2016-07-25,6.28375,6.39625,6.28375,6.35375,
CPRT,2016-07-26,6.335,6.37125,6.3025,6.325,"[""Buy IBUY For Exposure To Online Retail"", ""Buy IBUY For Exposure To Online Retail"", ""Buy IBUY For Exposure To Online Retail""]"
CPRT,2016-07-27,6.335,6.41375,6.255,6.41375,
CPRT,2016-07-28,6.40375,6.41075,6.297,6.30375,
CPRT,2016-07-29,6.31,6.35,6.29625,6.305,
CPRT,2016-08-01,6.33,6.42625,6.30125,6.41375,
CPRT,2016-08-02,6.4325,6.4345,6.34875,6.355,
CPRT,2016-08-03,6.37375,6.37375,6.24,6.25,
CPRT,2016-08-04,6.24625,6.31125,6.24375,6.27875,
CPRT,2016-08-05,6.315,6.39375,6.30125,6.375,
CPRT,2016-08-08,6.375,6.38125,6.29625,6.3,
CPRT,2016-08-09,6.29875,6.34125,6.235,6.3025,"[""Combining Different Momentum Factors"", ""Combining Different Momentum Factors"", ""Sotheby's (BID) Looks Good: Stock Adds 13% in Session Sotheby'sBID was a big mover last session, as the company saw its shares rise over 13% on the day. The upside was driven by the surprise surge in company's second-quarter earnings, while also beating revenue forecasts and providing an upbeat outlook. This resulted in solid volume with far more shares changing hands than in a normal session. This continues the recent uptrend for the company as the stock is now up over 33% in the past one-month time frame. None of the estimates for this stock were revised over the past 30 days. The Zacks Consensus Estimate also remained unchanged over the same time frame. Yesterday's price action is encouraging though, so make sure to keep a close watch on this firm in the near future. Sotheby's currently carries a Zacks Rank #3 (Hold). SOTHEBYS Price SOTHEBYS Price | SOTHEBYS Quote A better-ranked stock in the same industry is Copart, Inc. CPRT , carrying a Zacks Rank #2 (Buy). Is BID going up? Or down? Predict to see what others think: Up or Down Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days . Click to get this free report >> Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report SOTHEBYS (BID): Free Stock Analysis Report COPART INC (CPRT): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Combining Different Momentum Factors""]"
CPRT,2016-08-10,6.31125,6.36625,6.30625,6.36625,
CPRT,2016-08-11,6.375,6.4125,6.33125,6.335,
CPRT,2016-08-12,6.33375,6.3475,6.28575,6.3275,
CPRT,2016-08-15,6.3525,6.3675,6.3175,6.355,
CPRT,2016-08-16,6.35,6.355,6.3,6.3425,
CPRT,2016-08-17,6.34375,6.40625,6.3125,6.39875,
CPRT,2016-08-18,6.39875,6.5125,6.3675,6.50875,
CPRT,2016-08-19,6.5,6.55375,6.4825,6.52125,"Copart Expands in Colorado with New Location; Stock Up Copart, Inc. 's CPRT shares gained 1.7% to close at $52.07 on Aug 18, after the company announced the opening of its third location in Colorado. Copart has already held its first online auction at the new location. This is the company's second location in the Denver metropolitan area. Copart has been expanding rapidly in the region. On May 17, 2016, it had announced the expansion of its location in Brighton, CO. The location, which holds online auctions twice a week, serves Denver and the surrounding areas since 2005. On May 10, 2016, Copart announced the opening of its second location in Colorado at a 20-acre area in Colorado Springs. The first auction at this location was held on May 11. Apart from Colorado, Copart is also expanding in other regions. In Jul 2016, the company opened its first facility in Spain, which was also the first total loss vehicle storage and processing facility in mainland Europe. In the same month, Copart expanded its location in China Grove, NC by adding land and space for higher volume of inventory. In Jun 2016, the company announced the expansion of its locations in Orlando; Houston, TX; and North Fort Worth, TX to manage the growing business. In the same month, Copart announced the acquisition of a new location in Candia, NH as well as the opening of its first location in the Republic of Ireland. The opening of the new location in Ireland is part of Copart's expansion strategy for the European market. The company will use the location as its base for future auctions in Ireland. Additionally, Copart has been focused on expanding in the Middle East over the last few years. The UAE ranks second in the international market for cars sold from the company's North American yards. COPART INC Price COPART INC Price | COPART INC Quote Copart is a prominent player in online auctions and vehicle remarketing services in the U.S., Canada, U.K., UAE, Bahrain, India, Sultanate of Oman, Spain, Brazil, Germany, and the Republic of Ireland. Its peers in the auction and valuations services business include Sotheby's BID , Ritchie Bros. Auctioneers Incorporated RBA and Liquidity Services, Inc. LQDT . The company, with a Zacks Rank #2 (Buy), provides a wide range of remarketing services to process and sell salvage and clean title vehicles. This is done mainly over the Internet, through its Virtual Bidding Third Generation (VB3) Internet auction-style sales technology. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days . Click to get this free report >> Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report RITCHIE BROS (RBA): Free Stock Analysis Report LIQUIDITY SVCS (LQDT): Free Stock Analysis Report SOTHEBYS (BID): Free Stock Analysis Report COPART INC (CPRT): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
CPRT,2016-08-22,6.525,6.6025,6.50625,6.6,"CPRT October 21st Options Begin Trading Investors in Copart, Inc. (Symbol: CPRT) saw new options begin trading today, for the October 21st expiration. At Stock Options Channel , our YieldBoost formula has looked up and down the CPRT options chain for the new October 21st contracts and identified one put and one call contract of particular interest. The put contract at the $50.00 strike price has a current bid of 45 cents. If an investor was to sell-to-open that put contract, they are committing to purchase the stock at $50.00, but will also collect the premium, putting the cost basis of the shares at $49.55 (before broker commissions). To an investor already interested in purchasing shares of CPRT, that could represent an attractive alternative to paying $52.34/share today. Because the $50.00 strike represents an approximate 4% discount to the current trading price of the stock (in other words it is out-of-the-money by that percentage), there is also the possibility that the put contract would expire worthless. The current analytical data (including greeks and implied greeks) suggest the current odds of that happening are 67%. Stock Options Channel will track those odds over time to see how they change, publishing a chart of those numbers on our website under the contract detail page for this contract . Should the contract expire worthless, the premium would represent a 0.90% return on the cash commitment, or 5.48% annualized - at Stock Options Channel we call this the YieldBoost . Below is a chart showing the trailing twelve month trading history for Copart, Inc., and highlighting in green where the $50.00 strike is located relative to that history: Turning to the calls side of the option chain, the call contract at the $55.00 strike price has a current bid of 30 cents. If an investor was to purchase shares of CPRT stock at the current price level of $52.34/share, and then sell-to-open that call contract as a ""covered call,"" they are committing to sell the stock at $55.00. Considering the call seller will also collect the premium, that would drive a total return (excluding dividends, if any) of 5.66% if the stock gets called away at the October 21st expiration (before broker commissions). Of course, a lot of upside could potentially be left on the table if CPRT shares really soar, which is why looking at the trailing twelve month trading history for Copart, Inc., as well as studying the business fundamentals becomes important. Below is a chart showing CPRT's trailing twelve month trading history, with the $55.00 strike highlighted in red: Considering the fact that the $55.00 strike represents an approximate 5% premium to the current trading price of the stock (in other words it is out-of-the-money by that percentage), there is also the possibility that the covered call contract would expire worthless, in which case the investor would keep both their shares of stock and the premium collected. The current analytical data (including greeks and implied greeks) suggest the current odds of that happening are 65%. On our website under the contract detail page for this contract , Stock Options Channel will track those odds over time to see how they change and publish a chart of those numbers (the trading history of the option contract will also be charted). Should the covered call contract expire worthless, the premium would represent a 0.57% boost of extra return to the investor, or 3.49% annualized, which we refer to as the YieldBoost . The implied volatility in the put contract example is 30%, while the implied volatility in the call contract example is 27%. Meanwhile, we calculate the actual trailing twelve month volatility (considering the last 251 trading day closing values as well as today's price of $52.34) to be 22%. For more put and call options contract ideas worth looking at, visit StockOptionsChannel.com. Top YieldBoost Calls of the S&P 500 » The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
CPRT,2016-08-23,6.6325,6.65,6.6095,6.61875,"[""Tracking Allan Mecham's Arlington Value Capital Portfolio - Q2 2016 Update"", ""Stocks Back Off Highs But Still Up; American Express Rises"", ""Stocks Back Off Highs But Still Up; American Express Rises"", ""Tracking Allan Mecham's Arlington Value Capital Portfolio - Q2 2016 Update"", ""Stocks Back Off Highs But Still Up; American Express Rises"", ""Tracking Allan Mecham's Arlington Value Capital Portfolio - Q2 2016 Update""]"
CPRT,2016-08-24,6.6275,6.6275,6.575,6.5875,
CPRT,2016-08-25,6.50625,6.7125,6.465,6.52375,"[""Northcoast Research Downgrades Copart to Neutral"", ""Susquehanna Initiates Coverage on Copart at Neutral"", ""Northcoast Research Downgrades Copart to Neutral"", ""Susquehanna Initiates Coverage on Copart at Neutral"", ""Northcoast Research Downgrades Copart to Neutral""]"
CPRT,2016-08-26,6.505,6.51125,6.39875,6.44875,Susquehanna Initiates Coverage on Copart at Neutral
CPRT,2016-08-29,6.435,6.50625,6.3925,6.46125,
CPRT,2016-08-30,6.48375,6.48375,6.365,6.3925,
CPRT,2016-08-31,6.39875,6.4475,6.35625,6.3775,
CPRT,2016-09-01,6.40125,6.43125,6.3675,6.40375,"Bet on These 5 Efficient Stocks to Boost Your Portfolio Efficiency or the company's ability to transform its inputs into outputs is an important measure to determine its financial condition. A company with a favorable efficiency level is expected to provide impressive returns as it is believed to be positively correlated with the company's price performance. Hence, a portfolio comprising efficient stocks will be ideal for investors who are looking to derive healthy returns irrespective of market conditions. Measures of Efficiency Level We have considered four popular ratios in order to find efficient companies that have the potential to provide impressive returns. Inventory Turnover Inventory level is one of the key indicators of a company's business health. While a high inventory level may indicate that the company is going through a rough patch in terms of sales, a dwindling level may indicate that the company will run out of stock in a favorable sales condition. This is where inventory turnover comes into play. It is the ratio of 12-month cost of goods sold (COGS) to a 4-quarter average inventory. Thus, a high value of the ratio indicates a low level of inventory relative to COGS, while a low ratio signals that the company has excess inventory. Receivables Turnover This ratio is used to measure a company's capability to extend its credit and collect debts on the basis of that credit. Receivables turnover ratio or the ""accounts receivable turnover ratio"" or the ""debtor's turnover ratio"" is calculated by dividing 12-month sales by four-quarter average receivables. While a high ratio indicates that the company efficiently collects its accounts receivables or has quality customers, a low ratio signals that the company has an inefficient collection procedure or has low-quality customers or an inefficient credit policy. Asset Utilization This is a widely used measure of a company's efficiency. Asset utilization indicates a company's potential to utilize its assets. It is a ratio of total sales over the past 12 months to the last 4-quarter average of total assets. So, the higher the ratio, the greater the chance is that the company is utilizing its assets efficiently. On the contrary, a low value of the ratio signals that it is failing to use its assets effectively. Operating Margin Another popular efficiency ratio is operating margin. Operating profit margin, which is simply operating income over the past 12 months divided by sales over the same period, indicates how well a company is controlling its operating expenses. If a company has a high operating profit margin in relation to its competitors, it is doing a better job at controlling operating expenses. All these ratios can be considered as effective measures if one compares different companies within a particular sector or industry. This is the reason why we have considered only those companies that have higher ratios than their respective industry averages. Screening Parameters In addition to the above mentioned ratios, we have added a favorable Zacks Rank - Zacks Rank #1 (Strong Buy) or a Zacks Rank #2 (Buy) - to the screen with an objective to make this strategy more profitable. Inventory Turnover, Receivables Turnover, Asset Utilization and Operating Margin greater than industry average (Values of these ratios higher than industry averages may indicate that the efficiency level of the company is higher than its peers.) Zacks Rankless than or equal to #2 (Only Strong Buy and Buy rated stocks can get through) The use of these few criteria has narrowed down the universe of over 7,700 stocks to only 24. Here are five stocks from the 24 that made it through the screen: Advanced Energy Industries, Inc.AEIS is a global leader in the development and support of technologies for production of semiconductors, flat panel displays, data storage products, solar cells, architectural glass, and other advanced product applications. This Zacks Rank #1 company has an average four-quarter positive earnings surprise of 12.3%. Quidel Corp.QDEL discovers, develops, manufactures and markets point-of-care, rapid diagnostic tests for the detection of medical conditions and illnesses. This Zacks Rank #1 company has an average four-quarter positive earnings surprise of 59.4%. Alarm.Com Holdings, Inc.ALRM offers interactive security solutions for home and business owners. This Zacks Rank #2 company has an average four-quarter positive earnings surprise of more than 100%. Community Bank System Inc.CBU , the holding company of Community Bank, offers different financial services. This Zacks Rank #2 company has an average four-quarter positive earnings surprise of 0.9%. Copart, Inc.CPRT provides a full range of services to process and sell salvage vehicles through auctions, principally to licensed dismantlers, rebuilders and used vehicle dealers. This Zacks Rank #2 company has an average four-quarter positive earnings surprise of 9%. While backtesting over a two-year timeframe (Aug 15, 2014 to Aug 19, 2016), considering a four-week holding period, a portfolio following this strategy provided a total return of 19% compared with the S&P 500's return of 8.6%. Thus this strategy may prove to be profitable for investors seeking healthy returns. Get the rest of the stocks on the list and start putting this and other ideas to the test. It can all be done with the Research Wizard stock picking and backtesting software. The Research Wizard is a great place to begin. It's easy to use. Everything is in plain language. And it's very intuitive. Start your Research Wizard trial today. And the next time you read an economic report, open up the Research Wizard, plug your finds in, and see what gems come out. Click here to sign up for a free trial to the Research Wizard today . Disclosure: Officers, directors and/or employees of Zacks Investment Research may own or have sold short securities and/or hold long and/or short positions in options that are mentioned in this material. An affiliated investment advisory firm may own or have sold short securities and/or hold long and/or short positions in options that are mentioned in this material. Disclosure: Performance information for Zacks' portfolios and strategies are available at:https://www.zacks.com/performance. Confidential from Zacks Beyond this Analyst Blog, would you like to see Zacks' best recommendations that are not available to the public? Our Executive VP, Steve Reitmeister, knows when key trades are about to be triggered and which of our experts has the hottest hand. Click to see them now>> Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report COMMNTY BK SYS (CBU): Free Stock Analysis Report ADV ENERGY INDS (AEIS): Free Stock Analysis Report COPART INC (CPRT): Free Stock Analysis Report QUIDEL CORP (QDEL): Free Stock Analysis Report ALARM.COM HLDGS (ALRM): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
CPRT,2016-09-02,6.4375,6.4805,6.385,6.46,
CPRT,2016-09-06,6.44,6.44,6.3225,6.41625,
CPRT,2016-09-07,6.4,6.4175,6.3475,6.39375,
CPRT,2016-09-08,6.3775,6.43,6.2945,6.32625,
CPRT,2016-09-09,6.26875,6.2905,6.225,6.25125,
CPRT,2016-09-12,6.24,6.31,6.2025,6.30625,
CPRT,2016-09-13,6.2975,6.2975,6.1825,6.21875,
CPRT,2016-09-14,6.2475,6.265,6.195,6.21625,
CPRT,2016-09-15,6.22625,6.2965,6.1775,6.28875,
CPRT,2016-09-16,6.2625,6.30375,6.22625,6.2575,
CPRT,2016-09-19,6.2675,6.37125,6.26375,6.3425,"[""Notable earnings after Tuesday's close"", ""Notable earnings after Tuesday's close"", ""Interesting CPRT Put And Call Options For May 2017 Investors in Copart, Inc. (Symbol: CPRT) saw new options become available today, for the May 2017 expiration. One of the key inputs that goes into the price an option buyer is willing to pay, is the time value, so with 242 days until expiration the newly available contracts represent a possible opportunity for sellers of puts or calls to achieve a higher premium than would be available for the contracts with a closer expiration. At Stock Options Channel , our YieldBoost formula has looked up and down the CPRT options chain for the new May 2017 contracts and identified one put and one call contract of particular interest. The put contract at the $50.00 strike price has a current bid of $2.70. If an investor was to sell-to-open that put contract, they are committing to purchase the stock at $50.00, but will also collect the premium, putting the cost basis of the shares at $47.30 (before broker commissions). To an investor already interested in purchasing shares of CPRT, that could represent an attractive alternative to paying $50.59/share today. Because the $50.00 strike represents an approximate 1% discount to the current trading price of the stock (in other words it is out-of-the-money by that percentage), there is also the possibility that the put contract would expire worthless. The current analytical data (including greeks and implied greeks) suggest the current odds of that happening are 57%. Stock Options Channel will track those odds over time to see how they change, publishing a chart of those numbers on our website under the contract detail page for this contract . Should the contract expire worthless, the premium would represent a 5.40% return on the cash commitment, or 8.14% annualized - at Stock Options Channel we call this the YieldBoost . Below is a chart showing the trailing twelve month trading history for Copart, Inc., and highlighting in green where the $50.00 strike is located relative to that history: Turning to the calls side of the option chain, the call contract at the $55.00 strike price has a current bid of $1.50. If an investor was to purchase shares of CPRT stock at the current price level of $50.59/share, and then sell-to-open that call contract as a \""covered call,\"" they are committing to sell the stock at $55.00. Considering the call seller will also collect the premium, that would drive a total return (excluding dividends, if any) of 11.68% if the stock gets called away at the May 2017 expiration (before broker commissions). Of course, a lot of upside could potentially be left on the table if CPRT shares really soar, which is why looking at the trailing twelve month trading history for Copart, Inc., as well as studying the business fundamentals becomes important. Below is a chart showing CPRT's trailing twelve month trading history, with the $55.00 strike highlighted in red: Considering the fact that the $55.00 strike represents an approximate 9% premium to the current trading price of the stock (in other words it is out-of-the-money by that percentage), there is also the possibility that the covered call contract would expire worthless, in which case the investor would keep both their shares of stock and the premium collected. The current analytical data (including greeks and implied greeks) suggest the current odds of that happening are 64%. On our website under the contract detail page for this contract , Stock Options Channel will track those odds over time to see how they change and publish a chart of those numbers (the trading history of the option contract will also be charted). Should the covered call contract expire worthless, the premium would represent a 2.97% boost of extra return to the investor, or 4.47% annualized, which we refer to as the YieldBoost . The implied volatility in the put contract example, as well as the call contract example, are both approximately 22%. Meanwhile, we calculate the actual trailing twelve month volatility (considering the last 251 trading day closing values as well as today's price of $50.59) to be 21%. For more put and call options contract ideas worth looking at, visit StockOptionsChannel.com. Top YieldBoost Calls of the S&P 500 \u00bb The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Notable earnings after Tuesday's close""]"
CPRT,2016-09-20,6.395,6.46275,6.345,6.42625,"[""Copart higher on Q4 revenues and earnings beat"", ""Copart (CPRT) Gains as Earnings Loom"", ""Earnings Scheduled For September 20, 2016"", ""7 Stocks You Should Be Watching Today"", ""5 Stocks Moving After Hours"", ""5 Stocks Moving After Hours"", ""7 Stocks You Should Be Watching Today"", ""Earnings Scheduled For September 20, 2016"", ""Copart higher on Q4 revenues and earnings beat"", ""Copart (CPRT) Gains as Earnings Loom"", ""Earnings Reaction History: Copart Inc., 50.0% Follow-Through Indicator, 4.4% Sensitive Expected Earnings Release: 09/20/2016, After-hours Avg. Extended-Hours Dollar Volume: $1,356,155 Copart Inc. ( CPRT ) is due to issue its quarterly earnings report in the upcoming extended-hours session. Given its history, traders can expect light trading in the issue immediately following its quarterly earnings announcement. Historical earnings event related premarket and after-hours trading activity in CPRT indicates that the price change in the extended hours is likely to be of limited value in forecasting additional price movement by the following regular session close. Last 12 Qtrs Positive Only Price Reactions Percent of time added to extended-hours gains: 50% Average next regular session additional gain: 0.1% Over the prior three fiscal years (12 quarters), when shares of CPRT rose in the extended-hours session in reaction to its earnings announcement, history shows that 50.0% of the time (1 event) the stock posted additional gains in the following regular session by an average of 0.1%. Last 12 Qtrs Negative Only Price Reactions Percent of time added to extended-hours losses: 50% Average next regular session additional loss: 1.6% Over that same historical period, when shares of CPRT dropped in the extended-hours in reaction to its earnings announcement, history shows that 50.0% of the time (1 event) the stock dropped further, adding to the extended-hours losses by an average of 1.6% by the following regular session close. Data provided by the MT Pro service at MTNewswires.com. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. Copyright (C) 2016 MTNewswires.com. All rights reserved. Unauthorized reproduction is strictly prohibited. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""After-Hours Earnings Report for September 20, 2016 : ADBE, FDX, CPRT, KBH, CAFD The following companies are expected to report earnings after hours on 09/20/2016. Visit our Earnings Calendar for a full list of expected earnings releases. Adobe Systems Incorporated ( ADBE ) is reporting for the quarter ending August 31, 2016. The computer software company's consensus earnings per share forecast from the 3 analysts that follow the stock is $0.58. This value represents a 48.72% increase compared to the same quarter last year. In the past year ADBE and beat the expectations the other three quarters. Zacks Investment Research reports that the 2016 Price to Earnings ratio for ADBE is 43.72 vs. an industry ratio of 80.50. FedEx Corporation ( FDX ) is reporting for the quarter ending August 31, 2016. The transportation company's consensus earnings per share forecast from the 7 analysts that follow the stock is $2.79. This value represents a 15.29% increase compared to the same quarter last year. FDX missed the consensus earnings per share in the 3rd calendar quarter of 2015 by -0.82%. Zacks Investment Research reports that the 2017 Price to Earnings ratio for FDX is 13.56 vs. an industry ratio of 21.40. Copart, Inc. ( CPRT ) is reporting for the quarter ending July 31, 2016. The auction company's consensus earnings per share forecast from the 5 analysts that follow the stock is $0.54. This value represents a 22.73% increase compared to the same quarter last year. CPRT missed the consensus earnings per share in the 4th calendar quarter of 2015 by -2.33%. The \""days to cover\"" for this stock exceeds 12 days. Zacks Investment Research reports that the 2016 Price to Earnings ratio for CPRT is 24.51 vs. an industry ratio of 16.00, implying that they will have a higher earnings growth than their competitors in the same industry. KB Home ( KBH ) is reporting for the quarter ending August 31, 2016. The building (residential/commercial) company's consensus earnings per share forecast from the 6 analysts that follow the stock is $0.39. This value represents a 69.57% increase compared to the same quarter last year. KBH missed the consensus earnings per share in the 4th calendar quarter of 2015 by -15.69%. Zacks Investment Research reports that the 2016 Price to Earnings ratio for KBH is 11.25 vs. an industry ratio of 12.70. 8point3 Energy Partners LP ( CAFD ) is reporting for the quarter ending August 31, 2016. The solar company's consensus earnings per share forecast from the 5 analysts that follow the stock is $0.42. This value represents a 740.00% increase compared to the same quarter last year. In the past year CAFD and beat the expectations the other quarter. Zacks Investment Research reports that the 2016 Price to Earnings ratio for CAFD is 12.83 vs. an industry ratio of -4.00, implying that they will have a higher earnings growth than their competitors in the same industry. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""5 Stocks Moving After Hours"", ""7 Stocks You Should Be Watching Today"", ""Earnings Scheduled For September 20, 2016"", ""Copart higher on Q4 revenues and earnings beat"", ""Copart (CPRT) Gains as Earnings Loom""]"
CPRT,2016-09-21,6.8125,6.84,6.44,6.6875,"[""Copart (CPRT) Gains on Quarterly Earnings"", ""Copart's (CPRT) CEO Jayson Adair on Q4 2016 Results - Earnings Call Transcript"", ""Stocks Pare Gains Ahead Of Fed; IPO Trade Desk Soars, Nu Skin Breaks Out"", ""Keep an Eye on These 10 Stocks for September 21, 2016"", ""Earlier, Copart Reports Q4 EPS $0.71 vs $0.52 est, Revenue $332.7M vs $316.8M est"", ""Earlier, Copart Reports Q4 EPS $0.71 vs $0.52 est, Revenue $332.7M vs $316.8M est"", ""Keep an Eye on These 10 Stocks for September 21, 2016"", ""Copart's (CPRT) CEO Jayson Adair on Q4 2016 Results - Earnings Call Transcript"", ""Stocks Pare Gains Ahead Of Fed; IPO Trade Desk Soars, Nu Skin Breaks Out"", ""Copart (CPRT) Gains on Quarterly Earnings"", ""Earlier, Copart Reports Q4 EPS $0.71 vs $0.52 est, Revenue $332.7M vs $316.8M est"", ""Keep an Eye on These 10 Stocks for September 21, 2016"", ""Copart's (CPRT) CEO Jayson Adair on Q4 2016 Results - Earnings Call Transcript"", ""Stocks Pare Gains Ahead Of Fed; IPO Trade Desk Soars, Nu Skin Breaks Out"", ""Copart (CPRT) Gains on Quarterly Earnings""]"
CPRT,2016-09-22,6.75,6.75,6.605,6.60875,
CPRT,2016-09-23,6.61625,6.76625,6.61625,6.75625,
CPRT,2016-09-26,6.7475,6.75375,6.6875,6.70625,"[""Copart Inc (CPRT) CEO A Jayson Adair Sold $\u2013\u2026.7 million of Shares"", ""Copart Inc (CPRT) CEO A Jayson Adair Sold $\u2013\u2026.7 million of Shares"", ""Copart's (CPRT) Q4 Earnings Beat Estimates, Shares Rise Copart, Inc. 's CPRT shares gained 4.1% to close at $36.77 on Sep 21, after the company reported better-than-expected earnings and revenues. The company's share price continued to increase, surging 5.1% in the three trading sessions since the earnings were reported. Copart posted earnings per share (\""EPS\"") of 59 cents for fourth-quarter fiscal 2016 (ended Jul 31, 2016), up from 44 cents in the corresponding quarter of fiscal 2015. Moreover, EPS surpassed the Zacks Consensus Estimate of 54 cents. Earnings for the reported quarter have been adjusted for changes in foreign currency exchange rates, and certain tax benefits along with foreign income tax credit limitations related to accounting for stock option exercises. Including these one-time items, earnings for the reported quarter amounted to 71 cents per share. Net income (on a reported basis) amounted to $84.1 million, up 46.5% year over year. Copart's revenues increased 17.8% to $332.7 million in the reported quarter. Further, the figure outpaced the Zacks Consensus Estimate of $318 million. Service revenues went up 18.8% to $289.5 million, while revenues from vehicle sales grew 11.8% to $43.2 million. Gross margin improved 19.1% to $141.5 million (42.5% of sales) in the reported quarter from $118.8 million (42.1% of sales) a year ago. Operating expenses increased to $226.5 million from $195.5 million in the year-ago quarter. Operating income rose to $106.2 million from $86.8 million in fourth-quarter fiscal 2015. COPART INC Price, Consensus and EPS Surprise COPART INC Price, Consensus and EPS Surprise | COPART INC Quote Fiscal 2016 Results Copart reported a rise in EPS to $2.10 for fiscal 2016 from $1.67 in the prior year. The figure also exceeded the Zacks Consensus Estimate of $2.07. Including one-time items, earnings for fiscal 2016 amounted to $2.21 per share. Net income soared 23% to $270.4 million in fiscal 2016. Annual revenues increased 10.7% year over year to $1.27 billion, marginally surpassing the Zacks Consensus Estimate of $1.25 billion. Financial Details Copart had cash and cash equivalents of $155.8 million as of Jul 31, 2016, compared with $456 million as of Jul 31, 2015. Total debt and capital lease obligations amounted to $640.5 million as of Jul 31, 2016, compared with $644.5 million as of Jul 31, 2015. During fiscal 2016, Copart generated net cash flow of $332.5 million from operations, compared with $265.1 million in the same period a year ago. Capital spending was $173.9 million, compared with $79.2 million in fiscal 2015. Copart is a prominent player in online auctions and vehicle remarketing services in the U.S., Canada, U.K., UAE, Bahrain, India, Sultanate of Oman, Spain, Brazil, Germany, and the Republic of Ireland. Its peers in the auction and valuations services business include Sotheby's BID , Ritchie Bros. Auctioneers Incorporated RBA and Liquidity Services, Inc. LQDT . The company provides a wide range of remarketing services to process and sell salvage and clean title vehicles. This is done mainly over the Internet, through its Virtual Bidding Third Generation (VB3) Internet auction-style sales technology. It has a Zacks Rank #2 (Buy), You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here . Confidential from Zacks Beyond this Analyst Blog, would you like to see Zacks' best recommendations that are not available to the public? Our Executive VP, Steve Reitmeister, knows when key trades are about to be triggered and which of our experts has the hottest hand. Click to see them now>> Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report RITCHIE BROS (RBA): Free Stock Analysis Report LIQUIDITY SVCS (LQDT): Free Stock Analysis Report SOTHEBYS (BID): Free Stock Analysis Report COPART INC (CPRT): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Copart Inc (CPRT) CEO A Jayson Adair Sold $\u2013\u2026.7 million of Shares CEO of Copart Inc ( CPRT ) A Jayson Adair sold -\u2026\u2026,\u2026\u2026\u2026 shares of CPRT on \u20269/-'/-\u2026-6 at an average price of $5'.6- a share. The total sale was $-\u2026.7 million. Copart Inc provides online auctions and vehicle remarketing services in United States, Canada, United Kingdom and Brazil. The Company offers vehicle sellers with services to process and sell vehicles over the internet. Copart Inc has a market cap of $5.87 billion; its shares were traded at around $5'.65 with a P/E ratio of -'.84 and P/S ratio of 5.4'. Copart Inc had an annual average EBITDA growth of --.'\u2026% over the past -\u2026 years. GuruFocus rated Copart Inc the business predictability rank of 5-star . Warren Buffett Recent Buys CEO Recent Trades: CEO A Jayson Adair sold -\u2026\u2026,\u2026\u2026\u2026 shares of CPRT stock on \u20269/-'/-\u2026-6 at the average price of $5'.6-. The price of the stock has increased by \u2026.\u20267% since. Directors and Officers Recent Trades: Director Matt Blunt sold 65,\u2026\u2026\u2026 shares of CPRT stock on \u20269/-'/-\u2026-6 at the average price of $5'.5'. The price of the stock has increased by \u2026.--% since. President Vincent W Mitz sold -\u2026\u2026,\u2026\u2026\u2026 shares of CPRT stock on \u20269/--/-\u2026-6 at the average price of $5'.-7. The price of the stock has increased by \u2026.7-% since. Executive Vice President William E Franklin sold -\u2026\u2026,\u2026\u2026\u2026 shares of CPRT stock on \u20269/--/-\u2026-6 at the average price of $5-.95. The price of the stock has increased by -.'-% since. For the complete insider trading history of CPRT, click here .About GuruFocus: GuruFocus.com tracks the stocks picks and portfolio holdings of the world's best investors. This value investing site offers stock screeners and valuation tools. And publishes daily articles tracking the latest moves of the world's best investors. GuruFocus also provides promising stock ideas in 3 monthly newsletters sent to Premium Members . This article first appeared on GuruFocus . The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Copart Inc (CPRT) CEO A Jayson Adair Sold $\u2013\u2026.7 million of Shares""]"
CPRT,2016-09-27,6.7025,6.78125,6.6675,6.75625,"[""4 Stocks Packed With the Power of Earnings Growth Earnings are basically revenues that the company generates after deducting the cost of production over a given period of time. Regardless of the fact whether it is a fledgling company or an established corporation, consistent earnings growth is what everyone looks for. And why not? If the company doesn't make money then it won't last in the long run and will eventually run out of steam. This metric is also considered to be the most significant variable in influencing the share price. Better-than-expected earnings performances normally lead to a rally in the share price. In addition to actual earnings, expectations of earnings also play a significant role in influencing the price of a stock. Earnings Estimates & Share Prices We have often seen a decline in the stock price despite earnings growth and a rally in the price following an earnings decline. This is largely a result of a company's earnings failing to meet market expectations. So, what are earnings estimates? Earnings estimates embody analysts' opinions of factors such as sales growth, product demand, competitive industry environment, profit margins and cost controls. Thus, earnings estimates are a valuable tool for investors. Analysts can also examine the cash flow based on these periodic earnings estimates to determine the fair value of the company. Here, we have picked stocks that have displayed historical earnings growth and are also seeing a rise in quarterly and annual earnings estimates. Screening Parameters In order to shortlist stocks that have striking earnings growth and are witnessing positive estimate revisions, we added the following parameters: Zacks Rank less than or equal to 2: Only Zacks Rank #1 (Strong Buy) and 2 (Buy) stocks are allowed. With the Zacks Rank proving itself to be one of the best rating systems out there, this is a great way to start things off. You can see the complete list of today's Zacks #1 Rank stocks here. 5-Year Historical EPS Growth (%) greater than X-Industry : Stocks that possess strong EPS growth history. % Change EPS F(0)/F(-1) greater than or equal to 5 : Companies that witnessed year-over-year earnings growth rate of 5% or more in the last reported fiscal. % Change Q1 Estimates over the last 4 weeks greater than zero : Stocks that have seen their current quarter earnings estimates revised higher in the last 4 weeks. % Change F1 Estimates over the last 1 week greater than zero : Stocks that have seen their annual earnings estimates revised higher in the last 1 week. % Change F1 Estimates over the last 4 weeks greater than zero : Stocks that have seen their annual earnings estimates revised higher in the last 4 weeks. The above criteria narrowed down the universe of over 7,674 stocks to only four. Here are the stocks: Mohawk Industries, Inc.MHK is a flooring manufacturer that creates products for residential and commercial spaces around the world. The company's estimated earnings growth rate for this year is 22.1%. Five Below IncFIVE is a specialty retailer offering a range of merchandise for teen and pre-teen customer. The company's estimated earnings growth rate for this year is pegged at 25.1%. A. O. Smith CorpAOS manufactures and markets a range of water heaters, boilers, and other products for residential and commercial end markets in the United States, China, Canada, Europe, and India. The company's estimated earnings growth rate for this year stands at 14.9%. Copart, Inc.CPRT is a provider of online auctions and vehicle remarketing services in the United States, Canada, the United Kingdom, the United Arab Emirates, Oman, Bahrain and Brazil. The company's estimated earnings growth rate for this year is 14.1%. The Research Wizard is a great place to begin. It's easy to use. Everything is in plain language. And it's very intuitive. Start your Research Wizard trial today. And the next time you read an economic report, open up the Research Wizard, plug your finds in, and see what gems come out. Click here to sign up for a free trial to the Research Wizard today . Disclosure: Officers, directors and/or employees of Zacks Investment Research may own or have sold short securities and/or hold long and/or short positions in options that are mentioned in this material. An affiliated investment advisory firm may own or have sold short securities and/or hold long and/or short positions in options that are mentioned in this material. Disclosure: Performance information for Zacks' portfolios and strategies are available at: https://www.zacks.com/performance Zacks Restaurant Recommendations: In addition to dining at these special places, you can feast on their stock shares. A Zacks Special Report spotlights 5 recent IPOs to watch plus 2 stocks that offer immediate promise in a booming sector. Download it free \u00bb Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report SMITH (AO) CORP (AOS): Free Stock Analysis Report MOHAWK INDS INC (MHK): Free Stock Analysis Report COPART INC (CPRT): Free Stock Analysis Report FIVE BELOW INC (FIVE): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Copart Benefits From Increased Driving Activity As the number of cars on the road has ticked up, along with miles driven, Copart (NASDAQ: CPRT) is humming along. The company, which provides online auction services for car sellers as well as marketing services, reported results that showed improvement during the fourth quarter. Copart results: The raw numbers Data source: Nasdaq and SEC filings. YOY = year over year. What happened with Copart this quarter? Copart's results revealed that unit sales continued to increase, which helped to improve revenue in several key business segments. Global unit sales rose 13.8%, which increased service revenue by 18.8% and purchased car revenue by 11.8%. Gross profit grew from $118.8 million last year to $141.5 million in the fourth quarter. Copart said that net income and EPS grew in part because of stock repurchases that were completed this year and last. U.S. operations volume increased 14% year over year, mainly from an increasing position in the salvage market and growth from non-insurance volume. The company said it reported non-GAAP figures for the quarter (which it typically doesn't do) because of two currency-related changes. These included a post-tax effect of $4.8 million of booked gains on currency balances and a $1.3 million after-tax loss from the weakening British pound following Brexit. What management had to say Copart CFO Jeffrey Liaw mentioned on theearnings callthat unit sales increased because of \""elevated driving activity, accident rates, and total loss frequency\"" (that last term refers to when a car is involved in an accident and then considered a total economic loss). The company noted that total loss frequency increased by just 1.2% in 2014 but increased 6.8% this year. Copart's management also said that all three factors are helping to increase the company's North American salvage market share. Additionally, Copart's executive vice president, William Franklin, said that the complexity of new vehicles and increased technology components means that car-part demand is expected to increase. \""Cars are becoming more complex as they incorporate exotic and lightweight materials, inter-fit construction processes, sensors, cameras and other electronics, all of which demand that shops employ new equipment, tools and training, as well as acquiring more replacement parts per repair,\"" Franklin said on the call. The company also noted that because of its increase in sales volumes, it will make more land acquisitions for new salvage yards than it previously anticipated. It was going to add 20 new yards in North America, but said that number will be higher now (though it didn't specify how much higher). Looking forward By Liaw's own admission, Copart doesn't traditionally give a lot of guidance, but he did say on the call that the same factors that have been important for the company over the past two years will continue to be key areas to watch in 2017: \""I'd say just looking backwards say four to eight quarters, big drivers are currency, scrap values, [and] catastrophic events, which can cause higher than normalized cost incurrence.\"" A secret billion-dollar stock opportunity The world's biggest tech company forgot to show you something, but a few Wall Street analysts and the Fool didn't miss a beat: There's a small company that's powering their brand-new gadgets and the coming revolution in technology. And we think its stock price has nearly unlimited room to run for early in-the-know investors! To be one of them, just click here . Chris Neiger has no position in any stocks mentioned. The Motley Fool recommends Copart. Try any of our Foolish newsletter services free for 30 days . We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy . The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.""]"
CPRT,2016-09-28,6.765,6.79125,6.68,6.74,"Zacks.com featured highlights: Mohawk Industries, Five Below, A. O. Smith and Copart For Immediate Release Chicago, IL - September 28, 2016 - Stocks in this week's article include: Mohawk Industries, Inc. (NYSE: MHK - Free Report ), Five Below Inc (NASDAQ: FIVE - Free Report ), A. O. Smith Corp (NYSE: AOS - Free Report ) and Copart, Inc. (NASDAQ: CPRT - Free Report ). Screen of the Week of Zacks Investment Research: 4 Stocks Packed with the Power of Earnings Growth Earnings are basically revenues that the company generates after deducting the cost of production over a given period of time. Regardless of the fact whether it is a fledgling company or an established corporation, consistent earnings growth is what everyone looks for. And why not? If the company doesn't make money then it won't last in the long run and will eventually run out of steam. This metric is also considered to be the most significant variable in influencing the share price. Better-than-expected earnings performances normally lead to a rally in the share price. In addition to actual earnings, expectations of earnings also play a significant role in influencing the price of a stock. Earnings Estimates & Share Prices We have often seen a decline in the stock price despite earnings growth and a rally in the price following an earnings decline. This is largely a result of a company's earnings failing to meet market expectations. So, what are earnings estimates? Earnings estimates embody analysts' opinions of factors such as sales growth, product demand, competitive industry environment, profit margins and cost controls. Thus, earnings estimates are a valuable tool for investors. Analysts can also examine the cash flow based on these periodic earnings estimates to determine the fair value of the company. Here, we have picked stocks that have displayed historical earnings growth and are also seeing a rise in quarterly and annual earnings estimates. Screening Parameters In order to shortlist stocks that have striking earnings growth and are witnessing positive estimate revisions, we added the following parameters: Zacks Rank less than or equal to 2: Only Zacks Rank #1 (Strong Buy) and 2 (Buy) stocks are allowed. With the Zacks Rank proving itself to be one of the best rating systems out there, this is a great way to start things off. You can see the complete list of today's Zacks #1 Rank stocks here. 5-Year Historical EPS Growth (%) greater than X-Industry : Stocks that possess strong EPS growth history. % Change EPS F(0)/F(-1) greater than or equal to 5 : Companies that witnessed year-over-year earnings growth rate of 5% or more in the last reported fiscal. % Change Q1 Estimates over the last 4 weeks greater than zero : Stocks that have seen their current quarter earnings estimates revised higher in the last 4 weeks. % Change F1 Estimates over the last 1 week greater than zero : Stocks that have seen their annual earnings estimates revised higher in the last 1 week. % Change F1 Estimates over the last 4 weeks greater than zero : Stocks that have seen their annual earnings estimates revised higher in the last 4 weeks. The above criteria narrowed down the universe of over 7,674 stocks to only four. Here are the stocks: Mohawk Industries, Inc. (NYSE: MHK - Free Report ) is a flooring manufacturer that creates products for residential and commercial spaces around the world. The company's estimated earnings growth rate for this year is 22.1%. Five Below Inc (NASDAQ: FIVE - Free Report ) is a specialty retailer offering a range of merchandise for teen and pre-teen customer. The company's estimated earnings growth rate for this year is pegged at 25.1%. A. O. Smith Corp (NYSE: AOS - Free Report ) manufactures and markets a range of water heaters, boilers, and other products for residential and commercial end markets in the United States, China, Canada, Europe, and India. The company's estimated earnings growth rate for this year stands at 14.9%. Copart, Inc. (NASDAQ: CPRT - Free Report ) is a provider of online auctions and vehicle remarketing services in the United States, Canada, the United Kingdom, the United Arab Emirates, Oman, Bahrain and Brazil. The company's estimated earnings growth rate for this year is 14.1%. The Research Wizard is a great place to begin. It's easy to use. Everything is in plain language. And it's very intuitive. Start your Research Wizard trial today. And the next time you read an economic report, open up the Research Wizard, plug your finds in, and see what gems come out. Click here to sign up for a free trial to the Research Wizard today . Disclosure: Officers, directors and/or employees of Zacks Investment Research may own or have sold short securities and/or hold long and/or short positions in options that are mentioned in this material. An affiliated investment advisory firm may own or have sold short securities and/or hold long and/or short positions in options that are mentioned in this material. Disclosure: Performance information for Zacks' portfolios and strategies are available at: https://www.zacks.com/performance Zacks Restaurant Recommendations: In addition to dining at these special places, you can feast on their stock shares. A Zacks Special Report spotlights 5 recent IPOs to watch plus 2 stocks that offer immediate promise in a booming sector. Download it free » About Screen of the Week Zacks.com created the first and best screening system on the web earning the distinction as the ""#1 site for screening stocks"" by Money Magazine. But powerful screening tools is just the start. That is why Zacks created the Screen of the Week to highlight profitable stock picking strategies that investors can actively use. Each week, Zacks Profit from the Pros free email newsletter shares a new screening strategy. Learn more about it here https://at.zacks.com/?id=112 About Zacks Zacks.com is a property of Zacks Investment Research, Inc., which was formed in 1978. The later formation of the Zacks Rank, a proprietary stock picking system; continues to outperform the market by nearly a 3 to 1 margin. The best way to unlock the profitable stock recommendations and market insights of Zacks Investment Research is through our free daily email newsletter; Profit from the Pros. In short, it's your steady flow of Profitable ideas GUARANTEED to be worth your time! Click here for your free subscription to Profit from the Pros . Get the full Report on MHK - FREE Get the full Report on FIVE - FREE Get the full Report on AOS - FREE Get the full Report on CPRT - FREE Follow us on Twitter: https://twitter.com/zacksresearch Join us on Facebook: https://www.facebook.com/ZacksInvestmentResearch Zacks Investment Research is under common control with affiliated entities (including a broker-dealer and an investment adviser), which may engage in transactions involving the foregoing securities for the clients of such affiliates. Contact: Jim Giaquinto Company: Zacks.com Phone: 312-265-9268 Email: pr@zacks.com Visit: https://www.zacks.com Zacks.com provides investment resources and informs you of these resources, which you may choose to use in making your own investment decisions. Zacks is providing information on this resource to you subject to the Zacks ""Terms and Conditions of Service"" disclaimer. www.zacks.com/disclaimer . Past performance is no guarantee of future results. Inherent in any investment is the potential for loss. This material is being provided for informational purposes only and nothing herein constitutes investment, legal, accounting or tax advice, or a recommendation to buy, sell or hold a security. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. It should not be assumed that any investments in securities, companies, sectors or markets identified and described were or will be profitable. All information is current as of the date of herein and is subject to change without notice. Any views or opinions expressed may not reflect those of the firm as a whole. Zacks Investment Research does not engage in investment banking, market making or asset management activities of any securities. These returns are from hypothetical portfolios consisting of stocks with Zacks Rank = 1 that were rebalanced monthly with zero transaction costs. These are not the returns of actual portfolios of stocks. The S&P 500 is an unmanaged index. Visit https://www.zacks.com/performance for information about the performance numbers displayed in this press release. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report MOHAWK INDS INC (MHK): Free Stock Analysis Report FIVE BELOW INC (FIVE): Free Stock Analysis Report SMITH (AO) CORP (AOS): Free Stock Analysis Report COPART INC (CPRT): Free Stock Analysis Report To read this article on Zacks.com click here. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
CPRT,2016-09-29,6.7275,6.73875,6.58875,6.6275,
CPRT,2016-09-30,6.64125,6.7325,6.64125,6.695,"[""John Hussman's Best-Performing Investments"", ""John Hussman's Best-Performing Investments"", ""John Hussman's Best-Performing Investments""]"
CPRT,2016-10-03,6.71875,6.77375,6.71875,6.7325,
CPRT,2016-10-04,6.76125,6.7835,6.66,6.6775,
CPRT,2016-10-05,6.70125,6.745,6.6725,6.68625,
CPRT,2016-10-06,6.69625,6.74625,6.66375,6.71125,
CPRT,2016-10-07,6.71375,6.71875,6.64,6.68375,
CPRT,2016-10-10,6.73,6.815,6.7175,6.775,"[""Used car prices hold up"", ""Used car prices hold up"", ""Used car prices hold up""]"
CPRT,2016-10-11,6.775,6.77625,6.68,6.70625,
CPRT,2016-10-12,6.68875,6.79875,6.67875,6.76625,"New Strong Buy Stocks for October 12th Here are 5 stocks added to the Zacks Rank #1 (Strong Buy) List today: Alibaba Group Holding Limited (BABA): This Chinese tech giant has witnessed the Zacks Consensus Estimate for its current year earnings rising 0.4% over the last 30 days. ALIBABA GROUP Price and Consensus ALIBABA GROUP Price and Consensus | ALIBABA GROUP Quote Mattel, Inc. (MAT): This family products manufacturer has witnessed the Zacks Consensus Estimate for its current year earnings increasing nearly 0.4% over the last 30 days. MATTEL INC Price and Consensus MATTEL INC Price and Consensus | MATTEL INC Quote Koninklijke Philips N.V. (PHG): This electronic and electrical products producer has seen the Zacks Consensus Estimate for its current year earnings gaining 0.9% over the last 30 days. KONINKLIJKE PHL Price and Consensus KONINKLIJKE PHL Price and Consensus | KONINKLIJKE PHL Quote Copart, Inc. (CPRT): This auctions and vehicle remarketing services provider has witnessed the Zacks Consensus Estimate for its current year earnings surging 4.9% over the last 30 days. COPART INC Price and Consensus COPART INC Price and Consensus | COPART INC Quote Jack in the Box Inc. (JACK): This quick-service hamburger restaurant chain has seen the Zacks Consensus Estimate revision for its current year earnings increasing 0.7% over the last 30 days. JACK IN THE BOX Price and Consensus JACK IN THE BOX Price and Consensus | JACK IN THE BOX Quote You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here . Confidential from Zacks Would you like to see Zacks' best recommendations that are not available to the public? Our Executive VP, Steve Reitmeister, knows when key trades are about to be triggered and which of our experts has the hottest hand. Click to access these private picks >> . Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report KONINKLIJKE PHL (PHG): Free Stock Analysis Report MATTEL INC (MAT): Free Stock Analysis Report JACK IN THE BOX (JACK): Free Stock Analysis Report COPART INC (CPRT): Free Stock Analysis Report ALIBABA GROUP (BABA): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
CPRT,2016-10-13,6.70875,6.75375,6.68875,6.735,
CPRT,2016-10-14,6.75625,6.77625,6.7175,6.7475,
CPRT,2016-10-17,6.72125,6.7775,6.70625,6.74375,
CPRT,2016-10-18,6.77625,6.795,6.74875,6.765,
CPRT,2016-10-19,6.77875,6.81625,6.73,6.8075,"[""Is Copart (CPRT) Stock a Solid Choice Right Now? One stock that might be an intriguing choice for investors right now is Copart, Inc.CPRT . This is because this security in the Auction/Valuation Services space is seeing solid earnings estimate revision activity, and is in great company from a Zacks Industry Rank perspective. This is important because, often times, a rising tide will lift all boats in an industry, as there can be broad trends taking place in a segment that are boosting securities across the board. This is arguably taking place in the Auction/Valuation Services space as it currently has a Zacks Industry Rank of 8 out of more than 250 industries, suggesting it is well-positioned from this perspective, especially when compared to other segments out there. Meanwhile, Copart is actually looking pretty good on its own too. The firm has seen solid earnings estimate revision activity over the past month, suggesting analysts are becoming a bit more bullish on the firm's prospects in both the short and long term. COPART INC Price and Consensus COPART INC Price and Consensus | COPART INC Quote In fact, over the past month, current quarter estimates have risen from 51 cents per share to 55 cents per share, while current year estimates have risen from $2.31 per share to $2.40 per share. This has helped CPRT to earn a Zacks Rank #1 (Strong Buy), further underscoring the company's solid position. You can see the complete list of today's Zacks #1 Rank stocks here . So, if you are looking for a decent pick in a strong industry, consider Copart. Not only is its industry currently in the top third, but it is seeing solid estimate revisions as of late, suggesting it could be a very interesting choice for investors seeking a name in this great industry segment. Confidential from Zacks Beyond this Tale of the Tape, would you like to see Zacks' best recommendations that are not available to the public? Our Executive VP, Steve Reitmeister, knows when key trades are about to be triggered and which of our experts has the hottest hand. Click to see them now>> Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report COPART INC (CPRT): Free Stock Analysis Report To read this article on Zacks.com click here. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Follow Driehaus' Rule & Invest in these 5 Momentum Stocks Investors with a high risk appetite have always banked on momentum strategy with high yielding potential. Richard Driehaus, a pioneer in this field, came up with a momentum strategy on the back of the \""buy high and sell higher\"" principle. The success of Driehaus' investing strategy earned him the honor of a place in Barron's All-Century Team. Portfolios built on Driehaus' methodology also proved to be profitable over a significant time frame. For instance, the American Association of Individual Investors' (AAII) portfolio, which followed this strategy, returned 13.5% and 18.1% in the five- and 10- year timeframe, respectively, compared with -1.1% and 4.2% returns registered by the S&P 500. Driehaus' Strategy in Brief Regarding the strategy, Driehaus once said: \""I would much rather invest in a stock that's increasing in price and take the risk that it may begin to decline than invest in a stock that's already in a decline and try to guess when it will turn around.\"" In line with this insight, AAII took into account the percentage 50-day moving average as one of the key criteria before creating a portfolio following Driehaus' philosophy. It is calculated by dividing the numerator (month-end price minus 50-day moving average of month-end price) by the 50-day moving average of the month-end price. Another momentum indicator - positive relative strength - has also been included in this strategy. A positive percentage 50-day moving average indicates that the stock is trading at a price higher than its 50-day moving average level, indicating an uptrend. Moreover, AAII found that Driehaus primarily focused on strong earnings growth rates and impressive earnings projections to pick potential outperformers. Companies with a strong history of beating estimates are also given importance in this strategy, which was made to provide better returns over the long term. Screening Parameters In order to make the strategy more profitable, we have considered only those stocks that have a Zacks Rank #1 (Strong Buy) and a momentum score of 'A' or 'B'. Our research shows that stocks with a Style Score of 'A' or 'B' when combined with a Zacks Rank #1 or 2 offer the best upside potential. \u2022 Zacks Rank equal to #1 (Only Strong Buy rated stocks can get through. You can see the complete list of today's Zacks #1 Rank stocks here .) \u2022 Last 5-year average EPS growth rates above 2% (Strong EPS growth history ensures improving business.) \u2022 Trailing 12 month EPS growth higher than 0 and industry median (Higher EPS growth compared to the industry average indicates superior stocks.) \u2022 Last four-quarter average EPS surprise greater than 5% (Positive EPS surprise indicates potential.) \u2022 Positive % 50-day moving average and relative strength over 4 weeks (High % 50-day moving average and relative strength signal uptrend.) \u2022 Momentum Score equal to or less than B (Favorable momentum score indicates that it is ideal to take advantage of the momentum with the highest probability of success.) These few parameters narrowed down the universe of over 7,700 stocks to only 8. Here are five of the 8 stocks: Electronic Arts Inc.EA is involved in the creation, marketing and distribution of entertainment software, which can be played both offline and online. Electronic Arts has a Momentum Score 'A' and an average four-quarter positive earnings surprise of 32.2%. Worthington Industries, Inc.WOR is one of the leading diversified metal processing companies. Worthington Industries has a Momentum Score 'A' and an average four-quarter positive earnings surprise of 20.1%. Mercadolibre, Inc.MELI is the largest online trading platform in Latin America. Mercadolibre has a Momentum Score 'A' and an average four-quarter positive earnings surprise of 28%. EQT Midstream Partners, LPEQM owns, operates, acquires and develops midstream assets in the Appalachian Basin. EQM has a Momentum Score 'A' and an average four-quarter positive earnings surprise of 7.2%. Copart, Inc.CPRT is a provider of online auctions and vehicle remarketing services. Copart has a Momentum Score 'B' and an average four-quarter positive earnings surprise of 8.1%. Get the rest of the stocks on the list and start putting this and other ideas to the test. It can all be done with the Research Wizard stock picking and backtesting software. The Research Wizard is a great place to begin. It's easy to use. Everything is in plain language. And it's very intuitive. Start your Research Wizard trial today. And the next time you read an economic report, open up the Research Wizard, plug your finds in, and see what gems come out. Click here to sign up for a free trial to the Research Wizard today . Disclosure: Officers, directors and/or employees of Zacks Investment Research may own or have sold short securities and/or hold long and/or short positions in options that are mentioned in this material. An affiliated investment advisory firm may own or have sold short securities and/or hold long and/or short positions in options that are mentioned in this material. Disclosure: Performance information for Zacks' portfolios and strategies are available at:https://www.zacks.com/performance. Zacks Restaurant Recommendations: In addition to dining at these special places, you can feast on their stock shares. A Zacks Special Report spotlights 5 recent IPOs to watch plus 2 stocks that offer immediate promise in a booming sector. Download it free \u00bb Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report MERCADOLIBRE IN (MELI): Free Stock Analysis Report WORTHINGTON IND (WOR): Free Stock Analysis Report COPART INC (CPRT): Free Stock Analysis Report ELECTR ARTS INC (EA): Free Stock Analysis Report EQT MIDSTRM PTR (EQM): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.""]"
CPRT,2016-10-20,6.79125,6.79125,6.71625,6.755,"Zacks.com featured highlights: Electronic Arts, Worthington Industries, Mercadolibre, EQT Midstream Partners and Copart For Immediate Release Chicago, IL - October 20, 2016 - Stocks in this week's article include: Electronic Arts Inc. (NASDAQ: EA - Free Report ), Worthington Industries, Inc. (NYSE: WOR - Free Report ), Mercadolibre, Inc. (NASDAQ: MELI - Free Report ), EQT Midstream Partners, LP (NYSE: EQM - Free Report ) and Copart, Inc. (NASDAQ: CPRT - Free Report ). Screen of the Week of Zacks Investment Research: Follow Driehaus' Rule and Invest in These 5 Momentum Stocks Investors with a high risk appetite have always banked on momentum strategy with high yielding potential. Richard Driehaus, a pioneer in this field, came up with a momentum strategy on the back of the ""buy high and sell higher"" principle. The success of Driehaus' investing strategy earned him the honor of a place in Barron's All-Century Team. Portfolios built on Driehaus' methodology also proved to be profitable over a significant time frame. For instance, the American Association of Individual Investors' (AAII) portfolio, which followed this strategy, returned 13.5% and 18.1% in the five- and 10- year timeframe, respectively, compared with -1.1% and 4.2% returns registered by the S&P 500. Driehaus' Strategy in Brief Regarding the strategy, Driehaus once said: ""I would much rather invest in a stock that's increasing in price and take the risk that it may begin to decline than invest in a stock that's already in a decline and try to guess when it will turn around."" In line with this insight, AAII took into account the percentage 50-day moving average as one of the key criteria before creating a portfolio following Driehaus' philosophy. It is calculated by dividing the numerator (month-end price minus 50-day moving average of month-end price) by the 50-day moving average of the month-end price. Another momentum indicator - positive relative strength - has also been included in this strategy. A positive percentage 50-day moving average indicates that the stock is trading at a price higher than its 50-day moving average level, indicating an uptrend. Moreover, AAII found that Driehaus primarily focused on strong earnings growth rates and impressive earnings projections to pick potential outperformers. Companies with a strong history of beating estimates are also given importance in this strategy, which was made to provide better returns over the long term. Screening Parameters In order to make the strategy more profitable, we have considered only those stocks that have a Zacks Rank #1 (Strong Buy) and a momentum score of 'A' or 'B'. Our research shows that stocks with a Style Score of 'A' or 'B' when combined with a Zacks Rank #1 or 2 offer the best upside potential. • Zacks Rank equal to #1 (Only Strong Buy rated stocks can get through. You can see the complete list of today's Zacks #1 Rank stocks here .) • Last 5-year average EPS growth rates above 2% (Strong EPS growth history ensures improving business.) • Trailing 12 month EPS growth higher than 0 and industry median (Higher EPS growth compared to the industry average indicates superior stocks.) • Last four-quarter average EPS surprise greater than 5% (Positive EPS surprise indicates potential.) • Positive % 50-day moving average and relative strength over 4 weeks (High % 50-day moving average and relative strength signal uptrend.) • Momentum Score equal to or less than B (Favorable momentum score indicates that it is ideal to take advantage of the momentum with the highest probability of success.) These few parameters narrowed down the universe of over 7,700 stocks to only 8. Here are five of the 8 stocks: Electronic Arts Inc. (NASDAQ: EA - Free Report ) is involved in the creation, marketing and distribution of entertainment software, which can be played both offline and online. Electronic Arts has a Momentum Score 'A' and an average four-quarter positive earnings surprise of 32.2%. Worthington Industries, Inc. (NYSE: WOR - Free Report ) is one of the leading diversified metal processing companies. Worthington Industries has a Momentum Score 'A' and an average four-quarter positive earnings surprise of 20.1%. Mercadolibre, Inc. (NASDAQ: MELI - Free Report ) is the largest online trading platform in Latin America. Mercadolibre has a Momentum Score 'A' and an average four-quarter positive earnings surprise of 28%. EQT Midstream Partners, LP (NYSE: EQM - Free Report ) owns, operates, acquires and develops midstream assets in the Appalachian Basin. EQM has a Momentum Score 'A' and an average four-quarter positive earnings surprise of 7.2%. Copart, Inc. (NASDAQ: CPRT - Free Report ) is a provider of online auctions and vehicle remarketing services. Copart has a Momentum Score 'B' and an average four-quarter positive earnings surprise of 8.1%. Get the rest of the stocks on the list and start putting this and other ideas to the test. It can all be done with the Research Wizard stock picking and backtesting software. The Research Wizard is a great place to begin. It's easy to use. Everything is in plain language. And it's very intuitive. Start your Research Wizard trial today. And the next time you read an economic report, open up the Research Wizard, plug your finds in, and see what gems come out. Click here to sign up for a free trial to the Research Wizard today . Disclosure: Officers, directors and/or employees of Zacks Investment Research may own or have sold short securities and/or hold long and/or short positions in options that are mentioned in this material. An affiliated investment advisory firm may own or have sold short securities and/or hold long and/or short positions in options that are mentioned in this material. Disclosure: Performance information for Zacks' portfolios and strategies are available at:https://www.zacks.com/performance. Zacks Restaurant Recommendations: In addition to dining at these special places, you can feast on their stock shares. A Zacks Special Report spotlights 5 recent IPOs to watch plus 2 stocks that offer immediate promise in a booming sector. Download it free » Sign up now for your free trial today and start picking better stocks immediately. And with the backtesting feature, you can test your ideas to see how you can improve your trading in both up markets and down markets. Don't wait for the market to get better before you decide to do better. Start learning how to be a better trader today: https://at.zacks.com/?id=111 Disclosure: Officers, directors and/or employees of Zacks Investment Research may own or have sold short securities and/or hold long and/or short positions in options that are mentioned in this material. An affiliated investment advisory firm may own or have sold short securities and/or hold long and/or short positions in options that are mentioned in this material. About Screen of the Week Zacks.com created the first and best screening system on the web earning the distinction as the ""#1 site for screening stocks"" by Money Magazine. But powerful screening tools is just the start. That is why Zacks created the Screen of the Week to highlight profitable stock picking strategies that investors can actively use. Each week, Zacks Profit from the Pros free email newsletter shares a new screening strategy. Learn more about it here https://at.zacks.com/?id=112 About Zacks Zacks.com is a property of Zacks Investment Research, Inc., which was formed in 1978. The later formation of the Zacks Rank, a proprietary stock picking system; continues to outperform the market by nearly a 3 to 1 margin. The best way to unlock the profitable stock recommendations and market insights of Zacks Investment Research is through our free daily email newsletter; Profit from the Pros. In short, it's your steady flow of Profitable ideas GUARANTEED to be worth your time! Click here for your free subscription to Profit from the Pros . Get the full Report on EA - FREE Get the full Report on WOR - FREE Get the full Report on MELI - FREE Get the full Report on EQM - FREE Get the full Report on CPRT - FREE Follow us on Twitter: https://twitter.com/zacksresearch Join us on Facebook: https://www.facebook.com/ZacksInvestmentResearch Zacks Investment Research is under common control with affiliated entities (including a broker-dealer and an investment adviser), which may engage in transactions involving the foregoing securities for the clients of such affiliates. Contact: Jim Giaquinto Company: Zacks.com Phone: 312-265-9268 Email: pr@zacks.com Visit: https://www.zacks.com/performance Zacks.com provides investment resources and informs you of these resources, which you may choose to use in making your own investment decisions. Zacks is providing information on this resource to you subject to the Zacks ""Terms and Conditions of Service"" disclaimer. www.zacks.com/disclaimer . Past performance is no guarantee of future results. Inherent in any investment is the potential for loss. This material is being provided for informational purposes only and nothing herein constitutes investment, legal, accounting or tax advice, or a recommendation to buy, sell or hold a security. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. It should not be assumed that any investments in securities, companies, sectors or markets identified and described were or will be profitable. All information is current as of the date of herein and is subject to change without notice. Any views or opinions expressed may not reflect those of the firm as a whole. Zacks Investment Research does not engage in investment banking, market making or asset management activities of any securities. These returns are from hypothetical portfolios consisting of stocks with Zacks Rank = 1 that were rebalanced monthly with zero transaction costs. These are not the returns of actual portfolios of stocks. The S&P 500 is an unmanaged index. Visit https://www.zacks.com/performance for information about the performance numbers displayed in this press release. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report ELECTR ARTS INC (EA): Free Stock Analysis Report WORTHINGTON IND (WOR): Free Stock Analysis Report MERCADOLIBRE IN (MELI): Free Stock Analysis Report EQT MIDSTRM PTR (EQM): Free Stock Analysis Report COPART INC (CPRT): Free Stock Analysis Report To read this article on Zacks.com click here. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
CPRT,2016-10-21,6.72,6.8075,6.64,6.6875,
CPRT,2016-10-24,6.715,6.7875,6.6745,6.68125,"Zacks Industry Outlook Highlights: Copart, Accenture, InnerWorkings, MasterCard and Visa For Immediate Release Chicago, IL - October 24, 2016 - Today, Zacks Equity Research discusses the Business Services, Part 1, including Copart, Inc. (NASDAQ: CPRT - Free Report ), Accenture plc (NYSE: ACN - Free Report ), InnerWorkings Inc. (NASDAQ: INWK - Free Report ), MasterCard inc. (NYSE: MA - Free Report ) and Visa Inc. (NYSE: V - Free Report ). Industry: Business Services, Part 1 Link: https://www.zacks.com/commentary/93798/business-services-stock-outlook---october-2016 The business services sector provides ancillary services to the other players in the market. Hence, the core business of one company in this sector can be a business service for another. Importantly, this dynamism opens the door to many business services companies. Notably, business service accounts for a major portion of a country's gross domestic product (GDP) with the gradual shift in the global economy having moved from agriculture to industry to now business services. The sector, therefore, plays a major role in a country's overall development. The intensely competitive business services sector must rigorously work toward controlling costs and generating higher revenues so that its profitability does not suffer. A focus on functions and activities close to its core competence is a prerequisite in reaping the benefits of economies of scale, besides improving competitive positioning. The fortunes of business service operators are closely tied to the health of the broader economy. As per the U.S. Bureau of Economic Analysis (BEA), domestic economy has been expanding (at a rate of 0.8% in the first quarter of 2016 and 1.4% in the second quarter) on higher contribution from personal consumption expenditures and increased residential fixed investment. The growth momentum is now expected to accelerate by 1.5% in 2016 and 2.5% in 2017. This improving outlook for the U.S. economy is therefore a net positive for the sector. Though the bureau presently estimates total industrial production to decline 1% in 2016, the same is expected to be on the growth trajectory in 2017, with an estimated increase of 1.4%, thus offering opportunities of growth and expansion to business service providers. Moreover, a projected rise in expenditure should lend support to the business service sector. Economic sensitivity aside, business service companies are quite conservatively managed, with a large number of players sharing their excess cash with shareholders through dividends and share buybacks. Nonetheless, the business service sector is highly fragmented, with no single service provider enjoying market dominance. As per business reports, the top 50 companies of the sector contribute less than 25% to the overall revenue. However, given its unique nature, Zacks has classified the group as one of the 16 sectors (the S&P's official GIC classification has only 10 sectors where business services are grouped within the 'Industrials' sector). Notably, with about 3.4% of total market capitalization, the sector is estimated to have 2.9% share of income in 2016. Stand-Alone Zacks Sector This industry covers an array of services that include marketing, consulting, staffing, security, telecommunications, Internet services, logistics and waste handling. In its expanded sense, the U.S. business services sector generates consolidated yearly revenues of about $620 billion, though many companies mentioned below do not strictly fall within the generally accepted definition of the industry. Within the Zacks Industry classification, we have divided the business world into 16 sectors comprising 60 industries (at the medium or M-level) and 256 industries at the expanded or X-level. We rank all 256 X-level industries in the 16 sectors based on the earnings outlook of the constituent companies in each industry. This ranking is available in the Zacks Industry Rank page. The way to align the ranking and outlook from the complete list of Zacks Industry Rank for the 257+ industries is by dividing it into positive, neutral and negative categories depending on the Zacks Rank. The outlook for the top one-third of the list (Rank of #88 and lower) is positive, the middle one-third of the list (Rank of #89 to #176) is neutral while that for the bottom one-third (Rank #177 and higher) is a clear negative. Please note that the Zacks Rank for stocks - the core of our Industry Rank - has an impressive track, verified by outside auditors, to foretell stock prices, in particular over the short term (one to three months). We have eight X-level industries within the Business Services sector, namely, Auction/Valuation Services, Business Information Services, Business Services, Consulting, Financial Transaction Services, Outsourcing, Staffing and Waste Removal Services. Auction/Valuation Service ranked #9 is the only industry that falls in the upper 1/3 and has a positive outlook. Business Information Services with a rank #96, Business Services at #114, Financial Transaction Services #164 and, and Consulting ranked #165, are positioned in the mid 1/3 of all Zacks industries and have a neutral outlook. Outsourcing at #181, Waste Removal at #213 and Staffing at rank #230 are industries that fall in the lower 1/3 and have a negative outlook. This allocation points to a neutral to negative outlook for the sector. Our top picks from the Auction/Valuation industry is Copart, Inc. (NASDAQ: CPRT - Free Report ) sporting Zacks Rank #1 (Strong Buy) We favor Accenture plc (NYSE: ACN - Free Report ) from Consulting carrying Zacks Rank #2 (Buy). InnerWorkings Inc. (NASDAQ: INWK - Free Report ) sporting Zacks Rank #1 is our top pick from the Business Service industry. MasterCard inc. (NYSE: MA - Free Report ) and Visa Inc. (NYSE: V - Free Report ) carrying Zacks Rank #2 are our top picks from the Financial Transaction Service industry. You can see the complete list of today's Zacks #1 Rank stocks here . Earnings Review & Outlook The third-quarter earnings season has commenced with 13% of business service providers having already reported their numbers. The sector's earnings witnessed 19.8% growth on 10.3% revenue improvement. The figures compare favorably with the numbers delivered by the S&P 500 (1.3% earnings increase on revenue improvement of 2.9%). Beat ratio of 100% for earnings and revenue compare favorably with the S&P 500. Overall earnings for the third quarter are estimated to increase 7.1% for the sector versus a 2.9% decline for the S&P 500. Revenues on the other hand are expected to exhibit growth of 8.6% versus 1.2% for the S&P 500. For full-year 2016, earnings for the business service sector are estimated to increase 3.8% on 5.4% revenue improvement. This compares favorably with the S&P 500's expected earnings decline of 2.5% with revenues likely to remain flat with the 2015 level. Strong Stocks that Should Be in the News Many are little publicized and fly under the Wall Street radar. They're virtually unknown to the general public. Yet today's 220 Zacks Rank #1 ""Strong Buys"" were generated by the stock-picking system that has nearly tripled the market from 1988 through 2015. Its average gain has been a stellar +26% per year. See these high-potential stocks free >>. Get the full Report on CPRT - FREE Get the full Report on ACN - FREE Get the full Report on INWK - FREE Get the full Report on MA - FREE Get the full Report on V - FREE Follow us on Twitter: https://twitter.com/zacksresearch Join us on Facebook: https://www.facebook.com/home.php#/pages/Zacks-Investment-Research/57553657748?ref=ts Zacks Investment Research is under common control with affiliated entities (including a broker-dealer and an investment adviser), which may engage in transactions involving the foregoing securities for the clients of such affiliates. Media Contact Zacks Investment Research 800-767-3771 ext. 9339 support@zacks.com https://www.zacks.com/ Past performance is no guarantee of future results. Inherent in any investment is the potential for loss. This material is being provided for informational purposes only and nothing herein constitutes investment, legal, accounting or tax advice, or a recommendation to buy, sell or hold a security. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. It should not be assumed that any investments in securities, companies, sectors or markets identified and described were or will be profitable. All information is current as of the date of herein and is subject to change without notice. Any views or opinions expressed may not reflect those of the firm as a whole. Zacks Investment Research does not engage in investment banking, market making or asset management activities of any securities. These returns are from hypothetical portfolios consisting of stocks with Zacks Rank = 1 that were rebalanced monthly with zero transaction costs. These are not the returns of actual portfolios of stocks. The S&P 500 is an unmanaged index. Visit https://www.zacks.com/performance for information about the performance numbers displayed in this press release. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report COPART INC (CPRT): Free Stock Analysis Report ACCENTURE PLC (ACN): Free Stock Analysis Report INNERWORKINGS (INWK): Free Stock Analysis Report MASTERCARD INC (MA): Free Stock Analysis Report VISA INC-A (V): Free Stock Analysis Report To read this article on Zacks.com click here. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
CPRT,2016-10-25,6.69625,6.715,6.60625,6.62125,
CPRT,2016-10-26,6.59,6.655,6.54625,6.56125,
CPRT,2016-10-27,6.54875,6.5785,6.43,6.46875,
CPRT,2016-10-28,6.4625,6.60625,6.458,6.5675,
CPRT,2016-10-31,6.55625,6.58375,6.50625,6.55875,
CPRT,2016-11-01,6.5775,6.5825,6.48375,6.49125,
CPRT,2016-11-02,6.4675,6.55,6.465,6.47625,
CPRT,2016-11-03,6.47,6.50625,6.45125,6.50625,"[""23 Stocks For November 2016"", ""23 Stocks For November 2016"", ""23 Stocks For November 2016""]"
CPRT,2016-11-04,6.4825,6.518,6.3425,6.34875,
CPRT,2016-11-07,6.4125,6.485,6.38375,6.48375,
CPRT,2016-11-08,6.455,6.5875,6.455,6.56125,
CPRT,2016-11-09,6.50125,6.67375,6.43125,6.6675,
CPRT,2016-11-10,6.70125,6.72875,6.60875,6.6575,
CPRT,2016-11-11,6.64375,6.76375,6.60125,6.75875,
CPRT,2016-11-14,6.795,6.9025,6.78875,6.8975,
CPRT,2016-11-15,6.88,6.94625,6.86375,6.89625,"[""Tracking Allan Mecham's Arlington Value Capital Portfolio - Q3 2016 Update"", ""Tracking Allan Mecham's Arlington Value Capital Portfolio - Q3 2016 Update"", ""Tracking Allan Mecham's Arlington Value Capital Portfolio - Q3 2016 Update""]"
CPRT,2016-11-16,6.89375,6.98125,6.86375,6.975,"[""Financials Dominate New Highs, But Be Careful Not To Chase"", ""Financials Dominate New Highs, But Be Careful Not To Chase"", ""Financials Dominate New Highs, But Be Careful Not To Chase""]"
CPRT,2016-11-17,6.995,7.0925,6.98875,7.08,
CPRT,2016-11-18,7.075,7.08125,6.955,7.0075,
CPRT,2016-11-21,7.06375,7.1225,6.99625,7.03,"[""Copart (CPRT) Inches up with Earnings in Wings"", ""Earnings Scheduled For November 21, 2016"", ""Copart Reports Q1 Adj. EPS $0.57 vs $0.55 Est., Sales $346M vs $326M Est."", ""Copart Reports Q1 Adj. EPS $0.57 vs $0.55 Est., Sales $346M vs $326M Est."", ""Earnings Scheduled For November 21, 2016"", ""Copart (CPRT) Inches up with Earnings in Wings"", ""After-Hours Earnings Report for November 21, 2016 : PANW, CPRT, VIPS, BRCD, SINA, WB, JACK, DY, BECN, ENTA, PNNT, SBLK The following companies are expected to report earnings after hours on 11/21/2016. Visit our Earnings Calendar for a full list of expected earnings releases. Palo Alto Networks, Inc. ( PANW ) is reporting for the quarter ending October 31, 2016. The information technology services company's consensus earnings per share forecast from the 4 analysts that follow the stock is $-0.27. This value represents a 25.00% increase compared to the same quarter last year. Zacks Investment Research reports that the 2017 Price to Earnings ratio for PANW is -146.68 vs. an industry ratio of 12.10. Copart, Inc. ( CPRT ) is reporting for the quarter ending October 31, 2016. The auction company's consensus earnings per share forecast from the 6 analysts that follow the stock is $0.56. This value represents a 33.33% increase compared to the same quarter last year. CPRT missed the consensus earnings per share in the 4th calendar quarter of 2015 by -2.33%. Zacks Investment Research reports that the 2017 Price to Earnings ratio for CPRT is 23.26 vs. an industry ratio of -5.40, implying that they will have a higher earnings growth than their competitors in the same industry. Vipshop Holdings Limited ( VIPS ) is reporting for the quarter ending September 30, 2016. The internet services company's consensus earnings per share forecast from the 1 analyst that follows the stock is $0.12. This value represents a 20.00% increase compared to the same quarter last year. Zacks Investment Research reports that the 2016 Price to Earnings ratio for VIPS is 22.78 vs. an industry ratio of -32.10, implying that they will have a higher earnings growth than their competitors in the same industry. Brocade Communications Systems, Inc. ( BRCD ) is reporting for the quarter ending October 31, 2016. The computer networks company's consensus earnings per share forecast from the 3 analysts that follow the stock is $0.17. This value represents a 19.05% decrease compared to the same quarter last year. BRCD missed the consensus earnings per share in the 2nd calendar quarter of 2016 by -5.26%. Zacks Investment Research reports that the 2016 Price to Earnings ratio for BRCD is 17.69 vs. an industry ratio of 17.80. Sina Corporation ( SINA ) is reporting for the quarter ending September 30, 2016. The internet content company's consensus earnings per share forecast from the 2 analysts that follow the stock is $0.19. This value represents a 26.67% increase compared to the same quarter last year. SINA missed the consensus earnings per share in the 1st calendar quarter of 2016 by -125%. Zacks Investment Research reports that the 2016 Price to Earnings ratio for SINA is 119.65 vs. an industry ratio of 8.00, implying that they will have a higher earnings growth than their competitors in the same industry. Weibo Corporation ( WB ) is reporting for the quarter ending September 30, 2016. The internet content company's consensus earnings per share forecast from the 2 analysts that follow the stock is $0.18. This value represents a 157.14% increase compared to the same quarter last year. In the past year WB Zacks Investment Research reports that the 2016 Price to Earnings ratio for WB is 80.51 vs. an industry ratio of 8.00, implying that they will have a higher earnings growth than their competitors in the same industry. Jack In The Box Inc. ( JACK ) is reporting for the quarter ending September 30, 2016. The restaurant company's consensus earnings per share forecast from the 10 analysts that follow the stock is $0.88. This value represents a 41.94% increase compared to the same quarter last year. Zacks Investment Research reports that the 2016 Price to Earnings ratio for JACK is 27.33 vs. an industry ratio of 30.50. Dycom Industries, Inc. ( DY ) is reporting for the quarter ending October 31, 2016. The building company's consensus earnings per share forecast from the 6 analysts that follow the stock is $1.65. This value represents a 33.06% increase compared to the same quarter last year. DY missed the consensus earnings per share in the 1st calendar quarter of 2016 by -5.26%. Zacks Investment Research reports that the 2017 Price to Earnings ratio for DY is 17.16 vs. an industry ratio of 5.60, implying that they will have a higher earnings growth than their competitors in the same industry. Beacon Roofing Supply, Inc. ( BECN ) is reporting for the quarter ending September 30, 2016. The building company's consensus earnings per share forecast from the 9 analysts that follow the stock is $0.91. This value represents a 21.33% increase compared to the same quarter last year. In the past year BECN has beat the expectations every quarter. The highest one was in the 2nd calendar quarter where they beat the consensus by 1.32%. Zacks Investment Research reports that the 2016 Price to Earnings ratio for BECN is 22.25 vs. an industry ratio of 17.80, implying that they will have a higher earnings growth than their competitors in the same industry. Enanta Pharmaceuticals, Inc. ( ENTA ) is reporting for the quarter ending September 30, 2016. The drug company's consensus earnings per share forecast from the 2 analysts that follow the stock is $-0.11. This value represents a 137.93% decrease compared to the same quarter last year. ENTA missed the consensus earnings per share in the 1st calendar quarter of 2016 by -169.23%. The \""days to cover\"" for this stock exceeds 19 days. Zacks Investment Research reports that the 2016 Price to Earnings ratio for ENTA is 26.55 vs. an industry ratio of -3.80, implying that they will have a higher earnings growth than their competitors in the same industry. PennantPark Investment Corporation ( PNNT ) is reporting for the quarter ending September 30, 2016. The financial services company's consensus earnings per share forecast from the 7 analysts that follow the stock is $0.25. This value represents a 7.41% decrease compared to the same quarter last year. PNNT missed the consensus earnings per share in the 4th calendar quarter of 2015 by -8%. Zacks Investment Research reports that the 2016 Price to Earnings ratio for PNNT is 7.49 vs. an industry ratio of 8.90. Star Bulk Carriers Corp. ( SBLK ) is reporting for the quarter ending September 30, 2016. The shipping company's consensus earnings per share forecast from the 4 analysts that follow the stock is $-0.65. This value represents a 18.18% decrease compared to the same quarter last year. SBLK missed the consensus earnings per share in the 3rd calendar quarter of 2015 by -37.5%. The days to cover, as reported in the 10/31/2016 short interest update, increased 180.38% from previous report on 10/14/2016. Zacks Investment Research reports that the 2016 Price to Earnings ratio for SBLK is -2.11 vs. an industry ratio of 13.90. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Copart Reports Q1 Adj. EPS $0.57 vs $0.55 Est., Sales $346M vs $326M Est."", ""Earnings Scheduled For November 21, 2016"", ""Copart (CPRT) Inches up with Earnings in Wings""]"
CPRT,2016-11-22,6.875,7.043,6.65125,6.71625,"[""Copart's (CPRT) CEO Jay Adair on Q1 2017 Results - Earnings Call Transcript"", ""Copart beats by $0.02, beats on revenue"", ""Copart's (CPRT) CEO Jay Adair on Q1 2017 Results - Earnings Call Transcript"", ""Copart beats by $0.02, beats on revenue"", ""Copart's Key Metrics Tick Upwards in the First Quarter Source: Getty Images. Copart (NASDAQ: CPRT) , which provides online auction services for car sellers as well as marketing services, reported strong growth in revenue, net income, and earnings per share for the fiscal first quarter. Copart results: The raw numbers Data source: SEC filing. What happened with Copart this quarter? The company said that sales volume in the U.S. and U.K. continued to expand, along with an increase in scrap prices: North American sales volume grew by 20.3% year over year. That growth stems from the 8% to 10% total-loss market growth that the U.S. is experiencing right now (the \""total-loss market\"" is for cars involved in a crash which are considered a total economic loss). Unit sales volume grew by 12% in the U.K., boosting the company's market share in the region. U.K. revenues were up just over 16% year over year, but were partially offset by the effects of a stronger U.S. dollar. Scrap prices improved 26% year over year. Copart sells some salvaged vehicles, which are sold partially based on their scrap value.. Overall, global revenue grew by 19.8% in the first fiscal quarter 2017. Capital expenditures came in at just over $38 million for the quarter. What management had to say On the recent earnings call, Copart's management talked about new areas of growth for the company, including its new expansion into Germany. Copart just entered the German market in the fiscal first quarter and is only conducting test vehicle auctions there right now, but the company's executive vice president, William Franklin, said that \""We're taking a very measured approach to rolling these out to the insurance companies because we want to ensure that we have it right when we introduce our product.\"" But he went on to add, \""We're very optimistic and pleased with the interest we've seen from the insurance companies\"" in the country. Copart expects to benefit from the German market in the coming months. Management also fielded an analyst question on that call on whether or not it would consider bringing back some \""substantial portion\"" of the cash it keeps overseas, considering that President-elect Trump has talked about lowering the repatriation rate to bring overseas profits back into the U.S. Copart's chief financial officer, Jeffrey Liaw, left the option open but said that the company would have to \""evaluate it at the time\"" to decide whether it would be a justified move. Looking forward Copart consistently tells investors on its earnings calls that it doesn't provide projections for the coming quarter. But as the company noted in fiscal Q4 2016, Copart will continue to be affected by major currency changes, catastrophic events, and scrap values in the near term. 10 stocks we like better than Copart When investing geniuses David and Tom Gardner have a stock tip, it can pay to listen. After all, the newsletter they have run for over a decade, Motley Fool Stock Advisor , has tripled the market.* David and Tom just revealed what they believe are the ten best stocks for investors to buy right now... and Copart wasn't one of them! That's right -- they think these 10 stocks are even better buys. Click here to learn about these picks! *Stock Advisor returns as of November 7, 2016 Chris Neiger has no position in any stocks mentioned. The Motley Fool recommends Copart. Try any of our Foolish newsletter services free for 30 days . We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy . The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Copart's (CPRT) CEO Jay Adair on Q1 2017 Results - Earnings Call Transcript"", ""Copart beats by $0.02, beats on revenue""]"
CPRT,2016-11-23,6.6225,6.815,6.6185,6.81375,"Copart's (CPRT) Earnings & Revenues Beat Estimates in Q1 Copart, Inc.CPRT posted adjusted earnings per share (""EPS"") of 57 cents for first-quarter (ended Oct 31, 2016) fiscal 2017, up from 41 cents in the corresponding quarter of fiscal 2016. Moreover, EPS surpassed the Zacks Consensus Estimate of 56 cents. Earnings for the reported quarter have been adjusted for changes in foreign currency exchange rates and certain tax benefits, along with payroll taxes related to accounting for stock option exercises. Including these one-time items, earnings for the reported quarter amounted to $1.41 per share. Net income (on a reported basis) was $167.3 million, up 218% year over year. Copart's revenues increased 19.8% to $346 million in the reported quarter. Further, the figure outpaced the Zacks Consensus Estimate of $331 million. Service revenues went up 22.4% to $307.1 million, while revenues from vehicle sales grew 2.8% to $38.9 million. FindTheCompany | Graphiq Gross margin improved 20.2% to $145.3 million (42.0% of sales) in the reported quarter from $120.9 million (41.8% of sales) a year ago. Operating expenses increased to $241.2 million from $202.6 million in the year-ago quarter. Operating income rose to $104.8 million from $86.2 million in first-quarter fiscal 2016. Copart's shares fell 4.5% to close at $53.73 on Nov 22. COPART INC Price, Consensus and EPS Surprise COPART INC Price, Consensus and EPS Surprise | COPART INC Quote Financial Details Copart had cash and cash equivalents of $168.4 million as of Oct 31, 2016, compared with $155.8 million as of Jul 31, 2016. Total debt and capital lease obligations amounted to $744.2 million as of Oct 31, 2016, compared with $640.5 million as of Jul 31, 2016. During the first quarter of fiscal 2017, Copart generated net cash flow of $74.3 million from operations, compared with $76.8 million in the same period a year ago. Capital spending was $38.2 million, compared with $20.2 million in the first quarter of fiscal 2016. Zacks Rank Copart is a prominent player in online auctions and vehicle remarketing services in the U.S., Canada, U.K., UAE, Bahrain, India, Sultanate of Oman, Spain, Brazil, Germany, and the Republic of Ireland. The company, with a Zacks Rank #2 (Buy), provides a wide range of remarketing services to process and sell salvage and clean title vehicles. This is done mainly over the Internet, through its Virtual Bidding Third Generation (VB3) Internet auction-style sales technology. Some better-ranked auto stocks include Allison Transmission Holdings, Inc. ALSN , America's Car-Mart Inc. CRMT and Rush Enterprises, Inc. RUSHA . Allison Transmission, sporting a Zacks Rank #1 (Strong Buy), has a long-term growth rate projection of 11%. America's Car-Mart has witnessed positive estimate revisions over the last seven days. The company sports a Zacks Rank #1. You can see the complete list of today's Zacks #1 Rank stocks here. Rush Enterprises, carrying a Zacks Rank #2, has a long-term expected growth rate of 15%. Zacks' Top Investment Ideas for Long-Term Profit How would you like to see our best recommendations to help you find today's most promising long-term stocks? Starting now, you can look inside our portfolios featuring stocks under $10, income stocks, value investments and more. These picks, which have double and triple-digit profit potential, are rarely available to the public. But you can see them now. Click here >> Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report AMERICAS CAR-MT (CRMT): Free Stock Analysis Report RUSH ENTRPRS-A (RUSHA): Free Stock Analysis Report COPART INC (CPRT): Free Stock Analysis Report ALLISON TRANSMN (ALSN): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
CPRT,2016-11-25,6.8325,6.84375,6.78125,6.82875,
CPRT,2016-11-28,6.78875,6.81,6.7395,6.79,
CPRT,2016-11-29,6.79,6.85575,6.75,6.8175,
CPRT,2016-11-30,6.83375,6.89125,6.80375,6.84,
CPRT,2016-12-01,6.86625,6.8725,6.78,6.83625,
CPRT,2016-12-02,6.82625,6.86375,6.77,6.79875,
CPRT,2016-12-05,6.83625,6.86,6.805,6.8225,"[""28 Stocks For December 2016"", ""28 Stocks For December 2016"", ""28 Stocks For December 2016""]"
CPRT,2016-12-06,6.835,6.85375,6.76375,6.8525,
CPRT,2016-12-07,6.855,6.9975,6.82,6.99125,"[""Manheim updates on used car pricing"", ""Manheim updates on used car pricing"", ""Manheim updates on used car pricing""]"
CPRT,2016-12-08,6.9875,7.01125,6.9455,6.9655,
CPRT,2016-12-09,6.98,6.98,6.885,6.91875,"5 Efficient Stocks to Buy for Superlative Returns Investors seeking impressive returns irrespective of market conditions may consider adding stocks with favorable efficiency levels to their portfolios. Efficiency is a measure of a company's potential to convert its available input into output. Different studies have shown that there is a direct relationship between a company's efficiency level and its price movement. So investing in efficient companies may prove to be profitable. How to Measure Efficiency? There are a number of ratios to measure how efficiently a company utilizes its assets and liabilities to produce outputs. In this article, we have considered four popular efficiency ratios to select efficient companies. Inventory Turnover: The ratio of 12-month cost of goods sold (COGS) to a 4-quarter average inventory is considered to be one of the most popular efficiency ratios. It indicates a company's ability to maintain a suitable inventory position. While a high value indicates that the company has a relatively low level of inventory compared to COGS, a low value indicates that the company is suffering from weak sales, which resulted in excess inventory. Receivables Turnover: This is the ratio of 12-month sales to four-quarter average receivables. It shows a company's potential to extend its credit and collect debt in terms of that credit. A high receivables turnover ratio or the ""accounts receivable turnover ratio"" or the ""debtor's turnover ratio"" is desirable as it signals that the company is capable of collecting its accounts receivables or that it has quality customers. Asset Utilization: This ratio indicates a company's capability to convert its assets into output and is thus a widely known measure of efficiency level. It is calculated by dividing total sales over the past 12 months by the last 4-quarter average of total assets. Like the above two ratios, high asset utilization may also indicate that a company is efficient. Operating Margin: Efficiency measure is the ratio of operating income over the past 12 months to sales over the same period. It measures a company's ability to control its operating expenses. Hence, a high value of the ratio may indicate that the company manages its operating expenses more efficiently than its peers. As efficiency level varies across different industries, it is best to select those stocks that have higher ratios compared to their industries. Along with higher ratios, we have considered only those stocks that have either a Zacks Rank #1 (Strong Buy) or a Zacks Rank #2 (Buy) in order to make the strategy more profitable. Screening Parameters Inventory Turnover, Receivables Turnover, Asset Utilization and Operating Margin greater than industry average (Values of these ratios higher than industry averages may indicate that the efficiency level of the company is higher than its peers.) Zacks Rankless than or equal to #2 (Buy) (Only Strong Buy and Buy rated stocks can get through.) The use of these few criteria has narrowed down the universe of over 7,700stocks to only 22. Here are five stocks from the 22 that made it through the screen: Baxter International Inc.BAX provides a portfolio of renal and hospital products. This Zacks Rank #1 (Strong Buy) company has an average four-quarter positive earnings surprise of 27%. MAM Software Group, Inc.MAMS develops and markets software solutions. This Zacks Rank #1 company has an average four-quarter positive earnings surprise of 87.4%. Advanced Energy Industries, Inc.AEIS designs, manufactures, sells, and supports power conversion products and solutions. The company has an average four-quarter positive earnings surprise of 12.3% and carries a Zacks Rank #1. You can see the complete list of today's Zacks #1 Rank stocks here . Apricus Biosciences, Inc.APRI operates in the pharmaceutical industry and focuses on research and development in the area of drug delivery. This Zacks Rank #2 company has an average four-quarter positive earnings surprise of 32.8%. Copart, Inc.CPRT provides online auctions and vehicle remarketing services. This Zacks Rank #2 company has an average four-quarter positive earnings surprise of 9.1%. While backtesting over a two-year timeframe (Nov 28, 2014 to Nov 25, 2016), considering a four-week holding period, a portfolio following this strategy provided a total return of 22.5% compared with the S&P 500's return of 6.4%. Thus, this strategy may prove to be profitable for investors seeking healthy returns. Get the rest of the stocks on the list and start putting this and other ideas to the test. It can all be done with the Research Wizard stock picking and back-testing software. The Research Wizard is a great place to begin. It's easy to use. Everything is in plain language. And it's very intuitive. Start your Research Wizard trial today. And the next time you read an economic report, open up the Research Wizard, plug your finds in, and see what gems come out. Click here to sign up for a free trial to the Research Wizard today . Disclosure: Officers, directors and/or employees of Zacks Investment Research may own or have sold short securities and/or hold long and/or short positions in options that are mentioned in this material. An affiliated investment advisory firm may own or have sold short securities and/or hold long and/or short positions in options that are mentioned in this material. Disclosure: Performance information for Zacks' portfolios and strategies are available at:https://www.zacks.com/performance. Zacks Restaurant Recommendations: In addition to dining at these special places, you can feast on their stock shares. A Zacks Special Report spotlights 5 recent IPOs to watch plus 2 stocks that offer immediate promise in a booming sector. Download it free » Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report MAM SOFTWARE GP (MAMS): Free Stock Analysis Report BAXTER INTL (BAX): Free Stock Analysis Report APPRICUS BIOSCI (APRI): Free Stock Analysis Report ADV ENERGY INDS (AEIS): Free Stock Analysis Report COPART INC (CPRT): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
CPRT,2016-12-12,6.94625,6.988,6.865,6.97125,"Zacks.com featured highlights: Baxter International, MAM Software Group, Advanced Energy Industries, Apricus Biosciences and Copart For Immediate Release Chicago, IL - December 12, 2016 - Stocks in this week's article include: Baxter International Inc. (NYSE: BAX - Free Report ), MAM Software Group, Inc. (NASDAQ: MAMS - Free Report ), Advanced Energy Industries, Inc. (NASDAQ: AEIS - Free Report ), Apricus Biosciences, Inc. (NASDAQ: APRI - Free Report ) and Copart, Inc. (NASDAQ: CPRT - Free Report ). Screen of the Week of Zacks Investment Research: 5 Efficient Stocks to Buy for Superlative Returns Investors seeking impressive returns irrespective of market conditions may consider adding stocks with favorable efficiency levels to their portfolios. Efficiency is a measure of a company's potential to convert its available input into output. Different studies have shown that there is a direct relationship between a company's efficiency level and its price movement. So investing in efficient companies may prove to be profitable. How to Measure Efficiency? There are a number of ratios to measure how efficiently a company utilizes its assets and liabilities to produce outputs. In this article, we have considered four popular efficiency ratios to select efficient companies. Inventory Turnover: The ratio of 12-month cost of goods sold (COGS) to a 4-quarter average inventory is considered to be one of the most popular efficiency ratios. It indicates a company's ability to maintain a suitable inventory position. While a high value indicates that the company has a relatively low level of inventory compared to COGS, a low value indicates that the company is suffering from weak sales, which resulted in excess inventory. Receivables Turnover: This is the ratio of 12-month sales to four-quarter average receivables. It shows a company's potential to extend its credit and collect debt in terms of that credit. A high receivables turnover ratio or the ""accounts receivable turnover ratio"" or the ""debtor's turnover ratio"" is desirable as it signals that the company is capable of collecting its accounts receivables or that it has quality customers. Asset Utilization: This ratio indicates a company's capability to convert its assets into output and is thus a widely known measure of efficiency level. It is calculated by dividing total sales over the past 12 months by the last 4-quarter average of total assets. Like the above two ratios, high asset utilization may also indicate that a company is efficient. Operating Margin: Efficiency measure is the ratio of operating income over the past 12 months to sales over the same period. It measures a company's ability to control its operating expenses. Hence, a high value of the ratio may indicate that the company manages its operating expenses more efficiently than its peers. As efficiency level varies across different industries, it is best to select those stocks that have higher ratios compared to their industries. Along with higher ratios, we have considered only those stocks that have either a Zacks Rank #1 (Strong Buy) or a Zacks Rank #2 (Buy) in order to make the strategy more profitable. Screening Parameters Inventory Turnover, Receivables Turnover, Asset Utilization and Operating Margin greater than industry average (Values of these ratios higher than industry averages may indicate that the efficiency level of the company is higher than its peers.) Zacks Rankless than or equal to #2 (Buy) (Only Strong Buy and Buy rated stocks can get through.) The use of these few criteria has narrowed down the universe of over 7,700stocks to only 22. Here are five stocks from the 22 that made it through the screen: Baxter International Inc. (NYSE: BAX - Free Report ) provides a portfolio of renal and hospital products. This Zacks Rank #1 (Strong Buy) company has an average four-quarter positive earnings surprise of 27%. MAM Software Group, Inc. (NASDAQ: MAMS - Free Report ) develops and markets software solutions. This Zacks Rank #1 company has an average four-quarter positive earnings surprise of 87.4%. Advanced Energy Industries, Inc. (NASDAQ: AEIS - Free Report ) designs, manufactures, sells, and supports power conversion products and solutions. The company has an average four-quarter positive earnings surprise of 12.3% and carries a Zacks Rank #1. You can see the complete list of today's Zacks #1 Rank stocks here . Apricus Biosciences, Inc. (NASDAQ: APRI - Free Report ) operates in the pharmaceutical industry and focuses on research and development in the area of drug delivery. This Zacks Rank #2 company has an average four-quarter positive earnings surprise of 32.8%. Copart, Inc. (NASDAQ: CPRT - Free Report ) provides online auctions and vehicle remarketing services. This Zacks Rank #2 company has an average four-quarter positive earnings surprise of 9.1%. While backtesting over a two-year timeframe (Nov 28, 2014 to Nov 25, 2016), considering a four-week holding period, a portfolio following this strategy provided a total return of 22.5% compared with the S&P 500's return of 6.4%. Thus, this strategy may prove to be profitable for investors seeking healthy returns. Get the rest of the stocks on the list and start putting this and other ideas to the test. It can all be done with the Research Wizard stock picking and back-testing software. The Research Wizard is a great place to begin. It's easy to use. Everything is in plain language. And it's very intuitive. Start your Research Wizard trial today. And the next time you read an economic report, open up the Research Wizard, plug your finds in, and see what gems come out. Click here to sign up for a free trial to the Research Wizard today . Disclosure: Officers, directors and/or employees of Zacks Investment Research may own or have sold short securities and/or hold long and/or short positions in options that are mentioned in this material. An affiliated investment advisory firm may own or have sold short securities and/or hold long and/or short positions in options that are mentioned in this material. Disclosure: Performance information for Zacks' portfolios and strategies are available at:https://www.zacks.com/ performance. Zacks Restaurant Recommendations: In addition to dining at these special places, you can feast on their stock shares. A Zacks Special Report spotlights 5 recent IPOs to watch plus 2 stocks that offer immediate promise in a booming sector. Download it free » About Screen of the Week Zacks.com created the first and best screening system on the web earning the distinction as the ""#1 site for screening stocks"" by Money Magazine. But powerful screening tools is just the start. That is why Zacks created the Screen of the Week to highlight profitable stock picking strategies that investors can actively use. Each week, Zacks Profit from the Pros free email newsletter shares a new screening strategy. Learn more about it here https://at.zacks.com/?id=112 About Zacks Zacks.com is a property of Zacks Investment Research, Inc., which was formed in 1978. The later formation of the Zacks Rank, a proprietary stock picking system; continues to outperform the market by nearly a 3 to 1 margin. The best way to unlock the profitable stock recommendations and market insights of Zacks Investment Research is through our free daily email newsletter; Profit from the Pros. In short, it's your steady flow of Profitable ideas GUARANTEED to be worth your time! Click here for your free subscription to Profit from the Pros . Get the full Report on BAX - FREE Get the full Report on MAMS - FREE Get the full Report on AEIS - FREE Get the full Report on APRI - FREE Get the full Report on CPRT - FREE Follow us on Twitter: https://twitter.com/zacksresearch Join us on Facebook: https://www.facebook.com/ZacksInvestmentResearch Zacks Investment Research is under common control with affiliated entities (including a broker-dealer and an investment adviser), which may engage in transactions involving the foregoing securities for the clients of such affiliates. Contact: Jim Giaquinto Company: Zacks.com Phone: 312-265-9268 Email: pr@zacks.com Visit: https://www.zacks.com Zacks.com provides investment resources and informs you of these resources, which you may choose to use in making your own investment decisions. Zacks is providing information on this resource to you subject to the Zacks ""Terms and Conditions of Service"" disclaimer. www.zacks.com/disclaimer . Past performance is no guarantee of future results. Inherent in any investment is the potential for loss. This material is being provided for informational purposes only and nothing herein constitutes investment, legal, accounting or tax advice, or a recommendation to buy, sell or hold a security. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. It should not be assumed that any investments in securities, companies, sectors or markets identified and described were or will be profitable. All information is current as of the date of herein and is subject to change without notice. Any views or opinions expressed may not reflect those of the firm as a whole. Zacks Investment Research does not engage in investment banking, market making or asset management activities of any securities. These returns are from hypothetical portfolios consisting of stocks with Zacks Rank = 1 that were rebalanced monthly with zero transaction costs. These are not the returns of actual portfolios of stocks. The S&P 500 is an unmanaged index. Visit https://www.zacks.com/performance for information about the performance numbers displayed in this press release. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report BAXTER INTL (BAX): Free Stock Analysis Report MAM SOFTWARE GP (MAMS): Free Stock Analysis Report ADV ENERGY INDS (AEIS): Free Stock Analysis Report APPRICUS BIOSCI (APRI): Free Stock Analysis Report COPART INC (CPRT): Free Stock Analysis Report To read this article on Zacks.com click here. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
CPRT,2016-12-13,6.99875,7.0375,6.91625,7.02125,
CPRT,2016-12-14,7.04625,7.06375,6.9775,7.0025,
CPRT,2016-12-15,7.00125,7.0225,6.95,7.01625,"[""Top Ranked Growth Stocks to Buy for December 15th"", ""Top Ranked Growth Stocks to Buy for December 15th"", ""Top Ranked Growth Stocks to Buy for December 15th Here are four stocks with buy ranks and strong growth characteristics for investors to consider today, December 15 th : Konami Holdings Corporation (KNMCY): This digital entertainment company, which carries a Zacks Rank #1 (Strong Buy), has witnessed the Zacks Consensus Estimate for its current year earnings increasing 5.4% over the last 30 days. KONAMI CORP-ADR Price and Consensus KONAMI CORP-ADR Price and Consensus | KONAMI CORP-ADR Quote Konami Holdings has a price/earnings to growth ratio (PEG) ratio of 0.60, compared with 2.18 for the industry. The company possesses a Growth Score of A. KONAMI CORP-ADR PEG Ratio (TTM) KONAMI CORP-ADR PEG Ratio (TTM) | KONAMI CORP-ADR Quote Broadcom Limited (AVGO): This analog and digital semiconductor connectivity solutions provider, which carries a Zacks Rank #2 (Buy), has witnessed the Zacks Consensus Estimate for its current year earnings improving 4.1% over the last 30 days. BROADCOM LTD Price and Consensus BROADCOM LTD Price and Consensus | BROADCOM LTD Quote Broadcom has a PEG of 1.09, compared with 1.29 for the industry. The company possesses a Growth Score of A. BROADCOM LTD PEG Ratio (TTM) BROADCOM LTD PEG Ratio (TTM) | BROADCOM LTD Quote Gaming and Leisure Properties, Inc. (GLPI): This casino facilities and leasing gaming manger, which carries a Zacks Rank #2, has witnessed the Zacks Consensus Estimate for its current year earnings increasing 0.4% over the last 30 days. GAMING AND LEIS Price and Consensus GAMING AND LEIS Price and Consensus | GAMING AND LEIS Quote Gaming and Leisure Properties has a PEG ratio of 1.85, compared with 2.78 for the industry. The company possesses a Growth Score of B. GAMING AND LEIS PEG Ratio (TTM) GAMING AND LEIS PEG Ratio (TTM) | GAMING AND LEIS Quote Copart, Inc. (CPRT): This online auctions and vehicle remarketing services provider, which carries a Zacks Rank #2, has witnessed the Zacks Consensus Estimate for its current year earnings gaining 6.7% over the last 30 days. COPART INC Price and Consensus COPART INC Price and Consensus | COPART INC Quote Tailored Brands has a PEG ratio of 1.58, compared with 1.64 for the industry. The company possesses a Growth Score of A. COPART INC PEG Ratio (TTM) COPART INC PEG Ratio (TTM) | COPART INC Quote See the full list of top ranked stocks here Learn more about the Growth score and how it is calculated here Want to see all of today's Zacks Strong Buys? You are welcome to download the full, up-to-the-minute list of 220 Zacks Rank #1 stocks free of charge. There is no better place to start your own stock search. Plus you can also access the full list of must-avoid Zacks Strong Sells and other private research. See the stocks free >> . Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report KONAMI CORP-ADR (KNMCY): Free Stock Analysis Report GAMING AND LEIS (GLPI): Free Stock Analysis Report COPART INC (CPRT): Free Stock Analysis Report BROADCOM LTD (AVGO): Free Stock Analysis Report To read this article on Zacks.com click here. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Top Ranked Growth Stocks to Buy for December 15th""]"
CPRT,2016-12-16,7.0125,7.0675,6.96,6.98125,"Copart Announces Expansion in Abilene, TX Location Copart, Inc.CPRT recently announced the expansion of its location in Abilene, TX. The company has been witnessing strong growth in Texas which has encouraged it to expand its locations in Fort Worth, Houston and San Antonio, TX earlier this year. Copart has also taken over Waco, Dallas South and CrashedToys Dallas locations in Texas this year. The company expects this expansion drive to complement its presence in Texas where it presently operates in 15 locations. Apart from Texas, Copart is expanding in other locations across the globe to manage increasing volumes. In Nov 2016, the company announced the expansion of its locations in China Grove and Indianapolis as well as the opening of its fourteenth location in California. In Sep 2016, the company opened its first vehicle storage and auction location in Germany. In Aug 2016, Copart announced the opening of its third location in Colorado as well as the expansion of its location in San Antonio, TX. In Jul 2016, the company opened its first facility in Spain, which was also the first total loss vehicle storage and processing facility in mainland Europe. In the same month, Copart expanded its location in China Grove, NC by adding land and space for higher volume of inventory apart from inaugurating a new location in Cartersville, GA. Additionally, Copart has been focused on expanding in the Middle East over the last few years. The UAE ranks second in the international market for cars sold from the company's North American yards. Copart is a prominent player in online auctions and vehicle remarketing services in the U.S., Canada, U.K., UAE, Bahrain, India, Sultanate of Oman, Spain, Brazil, Germany, and the Republic of Ireland. COPART INC Price COPART INC Price | COPART INC Quote Price Performance Copart has marginally outperformed the Zacks categorized Auction/Valuation Services industry in the last three months. The stock gained 10.6% over the time frame while the industry saw a 10.3% increase. The company's price performance was driven by the strong results posted last quarter and several business initiatives including the expansion of network facilities and operations in the Middle East. Zacks Rank & Other Key Picks Copart currently carries a Zacks Rank #2 (Buy). Other favorably ranked companies in the auto space include Allison Transmission Holdings, Inc. ALSN , America's Car-Mart Inc. CRMT and Rush Enterprises, Inc. RUSHA . All the stocks sport a Zacks Rank #1 (Strong Buy). You can see the complete list of today's Zacks #1 Rank stocks here. Allison Transmission has a long-term expected growth rate of 11%. America's Car-Mart has a long-term expected growth rate of 45.5%. Rush Enterprises has a long-term expected growth rate of 15%. Zacks' Best Private Investment Ideas In addition to the recommendations that are available to the public on our website, how would you like to follow all Zacks' private buys and sells in real time? Our experts cover all kinds of trades… from value to momentum . . . from stocks under $10 to ETF and option moves . . . from stocks that corporate insiders are buying up to companies that are about to report positive earnings surprises. You can even look inside exclusive portfolios that are normally closed to new investors. Starting today, for the next month, you can have unrestricted access. Click here for Zacks' private trades >> Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report AMERICAS CAR-MT (CRMT): Free Stock Analysis Report RUSH ENTRPRS-A (RUSHA): Free Stock Analysis Report COPART INC (CPRT): Free Stock Analysis Report ALLISON TRANSMN (ALSN): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
CPRT,2016-12-19,6.9975,7.0575,6.92375,6.9875,"[""Can Copart (CPRT) Stock Continue to Grow Earnings?"", ""Can Copart (CPRT) Stock Continue to Grow Earnings?"", ""Can Copart (CPRT) Stock Continue to Grow Earnings? Growth stocks can be some of the most exciting picks in the market, as these high-flyers can captivate investors' attention, and produce big gains as well. However, these can also lead on the downside when the growth story is over, so it is important to find companies which are still seeing strong growth prospects in their businesses. One such company that might be well-positioned for future earnings growth is Copart, Inc.CPRT . This firm, which is in the Auto/Valuation Services industry, saw EPS growth of 25.7% last year, and is looking great for this year too. In fact, the current growth estimate for this year calls for earnings-per-share growth of 16.9%. Furthermore, the long-term growth rate is currently an impressive 14.5% suggesting pretty good prospects for the long haul. COPART INC Price and Consensus COPART INC Price and Consensus | COPART INC Quote And if this wasn't enough, the stock has actually seen estimates rise over the past month for the current fiscal year by about 2.1%. Thanks to this rise in earnings estimates, CPRT has a Zacks Rank #2 (Buy) which further underscores the potential for outperformance in this company. You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here. So if you are looking for a fast growing stock that is still seeing plenty of opportunities on the horizon, make sure to consider CPRT. Not only does it have double digit earnings growth prospect, but its impressive Zacks Rank suggests that analysts believe better days are ahead for CPRT as well. Zacks' Top 10 Stocks for 2017 In addition to the stocks discussed above, would you like to know about our 10 finest tickers for the entirety of 2017? Who wouldn't? These 10 are painstakingly hand-picked from 4,400 companies covered by the Zacks Rank. They are our primary picks to buy and hold. Be among the very first to see them >> Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report COPART INC (CPRT): Free Stock Analysis Report To read this article on Zacks.com click here. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Can Copart (CPRT) Stock Continue to Grow Earnings?""]"
CPRT,2016-12-20,6.98875,7.08,6.9825,7.06875,
CPRT,2016-12-21,7.07125,7.0925,7.00875,7.0325,
CPRT,2016-12-22,7.0525,7.115,6.91375,6.92125,"[""Tom Gayner Sells 5 Holdings, Reduces \u2013 Other"", ""Tom Gayner Sells 5 Holdings, Reduces \u2013 Other"", ""Tom Gayner Sells 5 Holdings, Reduces \u2013 Other""]"
CPRT,2016-12-23,6.95,6.97625,6.92,6.94375,
CPRT,2016-12-27,6.97,7.0425,6.93625,7.00125,
CPRT,2016-12-28,7.0225,7.04375,6.92125,6.94375,
CPRT,2016-12-29,6.93,6.97875,6.89,6.94,
CPRT,2016-12-30,6.9625,6.97125,6.913,6.92625,"[""U.S. auto sales preview"", ""U.S. auto sales preview"", ""U.S. auto sales preview""]"
CPRT,2017-01-03,6.9475,7.01875,6.91,6.965,"[""The Best 29 Stocks For 2017"", ""The Best 29 Stocks For 2017"", ""The Best 29 Stocks For 2017""]"
CPRT,2017-01-04,6.975,7.10625,6.94125,7.0575,
CPRT,2017-01-05,7.05375,7.11375,6.98875,7.05,"[""Copart Inc.: Under The Radar Name For 2017"", ""Copart Inc.: Under The Radar Name For 2017"", ""Copart Inc.: Under The Radar Name For 2017""]"
CPRT,2017-01-06,7.0325,7.1075,7.02125,7.085,
CPRT,2017-01-09,7.085,7.11375,7.05625,7.06625,
CPRT,2017-01-10,7.05625,7.141,7.0325,7.08875,"[""A Mid-Cap With Buffett-Munger Status"", ""HealthEquity, Olin Break Out; iRhythm, Copart Near Buy Range"", ""A Mid-Cap With Buffett-Munger Status"", ""HealthEquity, Olin Break Out; iRhythm, Copart Near Buy Range"", ""Top Ranked Growth Stocks to Buy for January 10th Here are four stocks with buy ranks and strong growth characteristics for investors to consider today, January 10 th : First Data Corporation (FDC): This commerce-enabling technology and solutions company which carries a Zacks Rank #1 (Strong Buy), has witnessed the Zacks Consensus Estimate for its current year earnings advancing 1% over the last 60 days. First Data Corporation Price and Consensus First Data Corporation Price and Consensus | First Data Corporation Quote First Data has a PEG ratio of 0.66, compared with 1.28 for the industry. The company possesses a Growth Score of A. First Data Corporation PEG Ratio (TTM) First Data Corporation PEG Ratio (TTM) | First Data Corporation Quote Mueller Water Products, Inc. (MWA): This transmission and distribution company of safe and clean water which carries a Zacks Rank #2 (Buy), has witnessed the Zacks Consensus Estimate for its current year earnings increasing 1.7% over the last 60 days. MUELLER WATER PRODUCTS Price and Consensus MUELLER WATER PRODUCTS Price and Consensus | MUELLER WATER PRODUCTS Quote Mueller Water Products has a PEG ratio of 1.70, compared with 12.45 for the industry. The company possesses a Growth Score of A. MUELLER WATER PRODUCTS PEG Ratio (TTM) MUELLER WATER PRODUCTS PEG Ratio (TTM) | MUELLER WATER PRODUCTS Quote Copart, Inc. (CPRT): This vehicle suppliers company which carries a Zacks Rank #2 (Buy), has witnessed the Zacks Consensus Estimate for its current year earnings climbing 2.5% over the last 60 days. Copart, Inc. Price and Consensus Copart, Inc. Price and Consensus | Copart, Inc. Quote Copart has a PEG ratio of 1.00, compared with 1.06 for the industry. The company possesses a Growth Score of A. Copart, Inc. PEG Ratio (TTM) Copart, Inc. PEG Ratio (TTM) | Copart, Inc. Quote Molina Healthcare, Inc. (MOH): This multi-state managed care organization which carries a Zacks Rank #2 (Buy), has witnessed the Zacks Consensus Estimate for its current year earnings rising 0.4% over the last 60 days. Molina Healthcare Inc Price and Consensus Molina Healthcare Inc Price and Consensus | Molina Healthcare Inc Quote Molina Healthcare has a PEG ratio of 0.95, compared with 1.26 for the industry. The company possesses a Growth Score of A. Molina Healthcare Inc PEG Ratio (TTM) Molina Healthcare Inc PEG Ratio (TTM) | Molina Healthcare Inc Quote See the full list of top ranked stocks here Learn more about the Growth score and how it is calculated here Long-Term Buys You Won't See in the News New Zacks Rank #1 Strong Buys are likely to be far outpace the broader market for the next 60-90 days. If you prefer investing for maximum long-term profits, you'll want to see which stocks Zacks experts are sharing with our private members. These moves have double and triple-digit profit potential and are rarely available to the public. Starting now, you can look inside our stocks under $10, home run and value stock portfolios, plus more. Want a peek at this private information? Click here >> Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report MUELLER WATER PRODUCTS (MWA): Free Stock Analysis Report Molina Healthcare Inc (MOH): Free Stock Analysis Report First Data Corporation (FDC): Free Stock Analysis Report Copart, Inc. (CPRT): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""A Mid-Cap With Buffett-Munger Status"", ""HealthEquity, Olin Break Out; iRhythm, Copart Near Buy Range""]"
CPRT,2017-01-11,7.12375,7.1725,7.07,7.16375,
CPRT,2017-01-12,7.1225,7.1335,6.98,7.105,
CPRT,2017-01-13,7.13125,7.1975,7.11625,7.175,
CPRT,2017-01-17,7.1575,7.1575,7.0525,7.06875,"Copart (CPRT) Expands Chicago North Location, Stock Rises Copart, Inc. 's CPRT shares improved 1% to close at $57.40 on Jan 13, after the company announced the expansion of its location in Chicago North. The company has four locations in the Chicago area. Copart is expanding its network of facilities to manage increasing volumes. Earlier this month, the company announced the addition of new locations in Casper, WY and Littleton, CO as well as the expansion of its location in Springfield, MO. Casper is the company's first location in Wyoming while Littleton is the fourth location in Colorado. The previous three locations in Colorado were opened in 2016. In Dec 2016, the company announced the expansion of its locations in Abilene, Tifton and Newburgh. In Nov 2016, Copart disclosed plans of expanding its locations in China Grove and Indianapolis as well as the opening of its 14th location in California. In Sep 2016, the company opened its first vehicle storage and auction location in Germany. In Aug 2016, Copart declared the opening of its third location in Colorado as well as the expansion of its location in San Antonio, TX. In Jul 2016, the company inaugurated its first facility in Spain, which was also the first total loss vehicle storage and processing facility in mainland Europe. In the same month, Copart expanded its location in China Grove, NC by adding land and space for higher volume of inventory and opened a new location in Cartersville, GA. In Jun 2016, the company announced the expansion of its locations in Orlando; Houston, TX; and North Fort Worth, TX to manage the growing business. In the same month, Copart unveiled plans of acquiring a new location in Candia, NH as well as the opening of its first location in the Republic of Ireland. The company will use this location as its base for future auctions in Ireland. In May 2016, the company reported the expansion of its location in Brighton, CO as well as the opening of its second location in Colorado at Colorado Springs. The company also acquired two new locations in Texas in Apr 2016, taking its total locations in the state to 14. Additionally, Copart has been focused on expanding in the Middle East over the last few years. The UAE ranks second in the international market for cars sold from the company's North American yards. Copart, Inc. Price Copart, Inc. Price | Copart, Inc. Quote Copart has outperformed the Zacks categorized Auction and Valuation Services industry over the last 3 months. The stock gained 6.4% over this period while the industry saw a 4.6% increase. Zacks Rank & Other Stocks to Consider Copart is a prominent player in online auctions and vehicle remarketing services in the U.S., Canada, U.K., UAE, Bahrain, India, Sultanate of Oman, Spain, Brazil, Germany, and the Republic of Ireland. The company, with a Zacks Rank #1 (Strong Buy), provides a wide range of remarketing services to process and sell salvage and clean title vehicles. This is done mainly over the Internet, through its Virtual Bidding Third Generation (VB3), Internet auction-style sales technology. Other well-ranked companies in the auto space include Penske Automotive Group, Inc. PAG , Fox Factory Holding Corp FOXF and GKN plc GKNLY . Penske Automotive has an expected long term earnings per share growth rate of 8.2%. It sports a Zacks Rank #1. You can see the complete list of today's Zacks #1 Rank stocks here. Fox Factory sports a Zacks Rank #1. The company has an expected earnings growth rate of around 16.6% over the long term. GKN holds a Zacks Rank #2 (Buy) and has a long-term growth rate of 6.3%. Zacks' Top 10 Stocks for 2017 In addition to the stocks discussed above, would you like to know about our 10 finest tickers for the entirety of 2017? Who wouldn't? These 10 are painstakingly hand-picked from 4,400 companies covered by the Zacks Rank. They are our primary picks to buy and hold. Be among the very first to see them >> Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Penske Automotive Group, Inc. (PAG): Free Stock Analysis Report Gkn PLC (GKNLY): Free Stock Analysis Report Copart, Inc. (CPRT): Free Stock Analysis Report Fox Factory Holding Corp. (FOXF): Free Stock Analysis Report To read this article on Zacks.com click here. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
CPRT,2017-01-18,7.07,7.0875,7.0275,7.0825,
CPRT,2017-01-19,7.08375,7.121,7.0425,7.065,
CPRT,2017-01-20,7.08375,7.125,7.04625,7.11875,
CPRT,2017-01-23,7.10625,7.135,7.02375,7.0475,"[""7 Guru Stocks With High Predictability Ratings"", ""7 Guru Stocks With High Predictability Ratings"", ""7 Guru Stocks With High Predictability Ratings""]"
CPRT,2017-01-24,7.0525,7.17625,7.04375,7.1725,"Weybosset Research & Management Llc Buys Agrium Inc, CSRA Inc, Polaris Industries Inc, ... Weybosset Research & Management Llc New Purchases: AGU , PII , Added Positions: CSRA , BUD, LH, TCP, WYNN, DE, COF, PX, TJX, CL, Reduced Positions:STON, MTB, CPRT, GT, GD, UNP, ARCC, DIS, JKHY, UFPI, Sold Out:VFC, For the details of WEYBOSSET RESEARCH & MANAGEMENT LLC's stock buys and sells, go to http://www.gurufocus.com/StockBuy.php?GuruName=WEYBOSSET+RESEARCH+%26+MANAGEMENT+LLC These are the top 5 holdings of WEYBOSSET RESEARCH & MANAGEMENT LLC Copart Inc ( CPRT ) - 169,013 shares, 6.57% of the total portfolio. Shares reduced by 3.45% Federal Agricultural Mortgage Corp ( AGM ) - 156,937 shares, 6.31% of the total portfolio. Shares added by 0.12% General Dynamics Corp ( GD ) - 48,847 shares, 5.92% of the total portfolio. Shares reduced by 2.98% Berkshire Hathaway Inc (BRK.B) - 47,991 shares, 5.49% of the total portfolio. Shares reduced by 0.13% Johnson & Johnson ( JNJ ) - 64,300 shares, 5.2% of the total portfolio. Shares added by 0.71% New Purchase: Agrium Inc ( AGU ) Weybosset Research & Management Llc initiated holdings in Agrium Inc. The purchase prices were between $88.01 and $109.38, with an estimated average price of $96.4. The stock is now traded at around $108.30. The impact to the portfolio due to this purchase was 2.62%. The holdings were 37,175 shares as of 2016-12-31. New Purchase: Polaris Industries Inc (PII) Weybosset Research & Management Llc initiated holdings in Polaris Industries Inc. The purchase prices were between $74.02 and $90.72, with an estimated average price of $81.56. The stock is now traded at around $86.54. The impact to the portfolio due to this purchase was 1.36%. The holdings were 23,495 shares as of 2016-12-31. Added: CSRA Inc (CSRA) Weybosset Research & Management Llc added to the holdings in CSRA Inc by 54.05%. The purchase prices were between $24.61 and $32.7, with an estimated average price of $29.24. The stock is now traded at around $32.00. The impact to the portfolio due to this purchase was 1.72%. The holdings were 218,580 shares as of 2016-12-31. Added: Wynn Resorts Ltd (WYNN) Weybosset Research & Management Llc added to the holdings in Wynn Resorts Ltd by 51.72%. The purchase prices were between $84.51 and $102.18, with an estimated average price of $93.58. The stock is now traded at around $93.39. The impact to the portfolio due to this purchase was 0.09%. The holdings were 4,356 shares as of 2016-12-31. Sold Out: VF Corp (VFC) Weybosset Research & Management Llc sold out the holdings in VF Corp. The sale prices were between $53.07 and $58.05, with an estimated average price of $55.07. CSRA 15-Year Financial Data The intrinsic value of CSRA Peter Lynch Chart of CSRA Premium Members This article first appeared on GuruFocus . The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
CPRT,2017-01-25,7.1825,7.24625,7.17625,7.20125,"[""High Predictability Stocks: Western Union, FMC Tech"", ""High Predictability Stocks: Western Union, FMC Tech"", ""High Predictability Stocks: Western Union, FMC Tech""]"
CPRT,2017-01-26,7.21,7.2425,7.1225,7.13375,
CPRT,2017-01-27,7.1575,7.21,7.10375,7.1275,
CPRT,2017-01-30,7.1475,7.1875,7.00875,7.11625,
CPRT,2017-01-31,7.11625,7.13125,7.02125,7.0925,
CPRT,2017-02-01,7.13125,7.17625,6.95875,6.995,"[""33 Stocks For February 2017"", ""33 Stocks For February 2017"", ""33 Stocks For February 2017""]"
CPRT,2017-02-02,7.00125,7.04,6.935,6.9575,
CPRT,2017-02-03,6.9775,7.075,6.9775,7.06625,
CPRT,2017-02-06,7.07375,7.13625,7.0375,7.065,
CPRT,2017-02-07,7.09125,7.1125,7.01125,7.10375,
CPRT,2017-02-08,7.10375,7.1575,7.04375,7.14875,
CPRT,2017-02-09,7.15125,7.232,7.1325,7.2275,"Peregrine Capital Management Llc Buys Snyder's-Lance, Forterra, PGT Innovations, Sells Cepheid, ... Peregrine Capital Management Llc New Purchases: LNCE , FRTA , PGTI , FMSA, TEAM, OAS, IBTX, EW, VSH, LKSD, Added Positions:GIII, STAY, ZEN, NPO, MIME, VIRT, DXCM, NVRO, BNFT, IT, Reduced Positions:ESNT, EVR, HUBG, ARAY, CBI, MON, QEP, SFBS, STLD, SCWX, Sold Out:CPHD, CSU, ADPT, AGX, IDTI, THO, ANSS, CHMT, BETR, WAL, For the details of PEREGRINE CAPITAL MANAGEMENT LLC's stock buys and sells, go to http://www.gurufocus.com/StockBuy.php?GuruName=PEREGRINE+CAPITAL+MANAGEMENT+LLC These are the top 5 holdings of PEREGRINE CAPITAL MANAGEMENT LLC Amazon.com Inc ( AMZN ) - 68,608 shares, 1.33% of the total portfolio. SS&C Technologies Holdings Inc ( SSNC ) - 1,394,809 shares, 1.03% of the total portfolio. Shares added by 1.69% Microsemi Corp ( MSCC ) - 704,738 shares, 0.99% of the total portfolio. Shares reduced by 8.49% PTC Inc ( PTC ) - 802,534 shares, 0.96% of the total portfolio. Shares added by 1.15% Copart Inc ( CPRT ) - 652,631 shares, 0.94% of the total portfolio. Shares added by 1.74% New Purchase: Snyder's-Lance Inc (LNCE) Peregrine Capital Management Llc initiated holdings in Snyder's-Lance Inc. The purchase prices were between $33.36 and $38.66, with an estimated average price of $36.61. The stock is now traded at around $39.44. The impact to the portfolio due to this purchase was 0.63%. The holdings were 637,433 shares as of 2016-12-31. New Purchase: Forterra Inc (FRTA) Peregrine Capital Management Llc initiated holdings in Forterra Inc. The purchase prices were between $16.5 and $22.4, with an estimated average price of $18.89. The stock is now traded at around $19.00. The impact to the portfolio due to this purchase was 0.57%. The holdings were 1,006,191 shares as of 2016-12-31. New Purchase: PGT Innovations Inc (PGTI) Peregrine Capital Management Llc initiated holdings in PGT Innovations Inc. The purchase prices were between $9.55 and $11.85, with an estimated average price of $10.9. The stock is now traded at around $12.10. The impact to the portfolio due to this purchase was 0.51%. The holdings were 1,728,069 shares as of 2016-12-31. New Purchase: Fairmount Santrol Holdings Inc (FMSA) Peregrine Capital Management Llc initiated holdings in Fairmount Santrol Holdings Inc. The purchase prices were between $7.66 and $11.85, with an estimated average price of $9.25. The stock is now traded at around $12.19. The impact to the portfolio due to this purchase was 0.47%. The holdings were 1,523,500 shares as of 2016-12-31. New Purchase: Atlassian Corporation PLC (TEAM) Peregrine Capital Management Llc initiated holdings in Atlassian Corporation PLC. The purchase prices were between $24.05 and $29.36, with an estimated average price of $27.03. The stock is now traded at around $28.17. The impact to the portfolio due to this purchase was 0.42%. The holdings were 671,738 shares as of 2016-12-31. New Purchase: Oasis Petroleum Inc (OAS) Peregrine Capital Management Llc initiated holdings in Oasis Petroleum Inc. The purchase prices were between $9.96 and $16.55, with an estimated average price of $12.95. The stock is now traded at around $14.08. The impact to the portfolio due to this purchase was 0.4%. The holdings were 1,027,733 shares as of 2016-12-31. Added: G-III Apparel Group Ltd (GIII) Peregrine Capital Management Llc added to the holdings in G-III Apparel Group Ltd by 146.43%. The purchase prices were between $25.84 and $32.34, with an estimated average price of $29.05. The stock is now traded at around $25.89. The impact to the portfolio due to this purchase was 0.25%. The holdings were 549,888 shares as of 2016-12-31. Added: Extended Stay America Inc (STAY) Peregrine Capital Management Llc added to the holdings in Extended Stay America Inc by 37.74%. The purchase prices were between $13.26 and $16.93, with an estimated average price of $15. The stock is now traded at around $17.29. The impact to the portfolio due to this purchase was 0.22%. The holdings were 1,918,623 shares as of 2016-12-31. Added: Zendesk Inc (ZEN) Peregrine Capital Management Llc added to the holdings in Zendesk Inc by 81.74%. The purchase prices were between $20.83 and $31.14, with an estimated average price of $24.21. The stock is now traded at around $28.80. The impact to the portfolio due to this purchase was 0.21%. The holdings were 848,053 shares as of 2016-12-31. Added: EnPro Industries Inc (NPO) Peregrine Capital Management Llc added to the holdings in EnPro Industries Inc by 29.81%. The purchase prices were between $52.84 and $69.08, with an estimated average price of $60.1. The stock is now traded at around $67.11. The impact to the portfolio due to this purchase was 0.16%. The holdings were 396,869 shares as of 2016-12-31. Added: Mimecast Ltd (MIME) Peregrine Capital Management Llc added to the holdings in Mimecast Ltd by 72.22%. The purchase prices were between $17.49 and $23.03, with an estimated average price of $19.95. The stock is now traded at around $22.17. The impact to the portfolio due to this purchase was 0.13%. The holdings were 646,669 shares as of 2016-12-31. Added: Virtu Financial Inc (VIRT) Peregrine Capital Management Llc added to the holdings in Virtu Financial Inc by 32.85%. The purchase prices were between $12.55 and $16.2, with an estimated average price of $14.28. The stock is now traded at around $18.55. The impact to the portfolio due to this purchase was 0.13%. The holdings were 1,289,328 shares as of 2016-12-31. Sold Out: Cepheid (CPHD) Peregrine Capital Management Llc sold out the holdings in Cepheid. The sale prices were between $52.62 and $52.95, with an estimated average price of $52.81. Sold Out: Capital Senior Living Corp (CSU) Peregrine Capital Management Llc sold out the holdings in Capital Senior Living Corp. The sale prices were between $12.87 and $17.38, with an estimated average price of $15.78. Sold Out: Adeptus Health Inc (ADPT) Peregrine Capital Management Llc sold out the holdings in Adeptus Health Inc. The sale prices were between $7.64 and $41.28, with an estimated average price of $18.39. Sold Out: Argan Inc (AGX) Peregrine Capital Management Llc sold out the holdings in Argan Inc. The sale prices were between $54.5 and $75.1, with an estimated average price of $62.39. Sold Out: Integrated Device Technology Inc (IDTI) Peregrine Capital Management Llc sold out the holdings in Integrated Device Technology Inc. The sale prices were between $19.73 and $25.69, with an estimated average price of $23.06. Sold Out: Thor Industries Inc (THO) Peregrine Capital Management Llc sold out the holdings in Thor Industries Inc. The sale prices were between $74.53 and $106.71, with an estimated average price of $90.23. Warning! GuruFocus has detected 3 Warning Signs with GIII. Click here to check it out. GIII 15-Year Financial Data The intrinsic value of GIII Peter Lynch Chart of GIII Premium Members This article first appeared on GuruFocus . The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
CPRT,2017-02-10,7.23375,7.2775,7.2075,7.27125,
CPRT,2017-02-13,7.275,7.355,7.275,7.3375,
CPRT,2017-02-14,7.31,7.355,7.30125,7.3225,
CPRT,2017-02-15,7.31625,7.425,7.3025,7.41,"Zacks Industry Outlook Highlights: Copart, Liquidity Services, S&P Global and TransUnion For Immediate Release Chicago, IL - February 15, 2017 - Today, Zacks Equity Research discusses the Industry: Business Services, part 1, including Copart, Inc. (NASDAQ: CPRT - Free Report ), Liquidity Services, Inc. (NASDAQ: LQDT - Free Report ), S&P Global Inc. (NYSE: SPGI - Free Report ) and TransUnion (NYSE: TRU - Free Report ). Industry: Business Services, part 1 Link: https://www.zacks.com/commentary/103760/business-services-stock-outlook---part-1 The business services sector provides ancillary services to other industries in the market. Hence, the core business of one company in this sector can be a business service for another. Importantly, this dynamism opens the door to many business services' companies. Notably, business service accounts for a major portion of a country's gross domestic product (GDP) with the gradual shift in the global economy from agriculture to industry and even business services. Therefore, the sector plays a major role in a country's overall development. Following the election of Donald Trump as the 45 th U.S. President, gross domestic product is now expected to rise from the current projection of about 2.2%. Employment is also anticipated to improve. Also, Trump's ""business friendly approaches,"" expectation of a lower tax rate, softer regulation and inclination toward higher interest rates are likely to favor the sector. The intensely competitive business services sector must diligently work toward controlling costs and generating higher revenues in order to maintain its profitability. Focus on functions and activities in line its core competence is a prerequisite in reaping the benefits of economies of scale as well as improving competitive positioning. The fortunes of business service operators are closely linked to the health of the broader economy. Per the U.S. Energy Information Administration (EIA), gross domestic product is estimated to increase in the upcoming quarters too. While in the GDP growth was 1.9% in the ultimate quarter of 2019, the growth momentum is now expected to accelerate by 2.2% in 2017 and 2.6% in 2018. This improving outlook for the U.S. economy is therefore a net positive for the sector. The bureau presently estimates total industrial production to increase 1.5% in 2017 and 3% in 2018, thus offering opportunities of growth and expansion to business service providers. Moreover, a projected rise in expenditure should support the business service sector. Economic sensitivity aside, business service companies are quite conservatively managed, with a large number of players sharing excess cash with investors through dividends and share buybacks. Nonetheless, the business service sector is highly fragmented, with no single service provider enjoying market dominance. Per business reports, the top 50 companies of the sector contribute less than 25% to the overall revenue. However, given the group's unique nature, Zacks has classified it as one of the 16 sectors (the S&P's official GIC classification has only 10 sectors where business services are grouped within the 'Industrials' sector). Notably, with about 3.3% of total market capitalization, the sector is estimated to generate 2.8% the total income in 2017. Stand-Alone Zacks Sector This industry covers an array of services that include marketing, consulting, staffing, security, telecommunications, Internet services, logistics and waste handling. In its expanded sense, the U.S. business services sector generates consolidated yearly revenues of about $620 billion, though many companies mentioned below do not strictly fall within the generally accepted definition of the industry. Within the Zacks Industry classification, we have divided the business world into 16 sectors comprising 60 industries at the medium or M-level and 256 industries at the expanded or X-level. We rank all 256 X-level industries in the 16 sectors based on the earnings outlook of the constituent companies in each industry. This ranking is available in the Zacks Industry Rank page. The way to align the ranking and outlook from the complete list of Zacks Industry Rank for the 257+ industries is by dividing it into positive, neutral and negative categories depending on the Zacks Rank. The outlook for the top one-third of the list (Rank of #88 and lower) is positive, the middle one-third of the list (Rank of #89 to #176) is neutral, and for the bottom one-third (Rank #177 and higher) is a clear negative. Please note that the Zacks Rank for stocks - the core of our Industry Rank - has an impressive track record, verified by outside auditors, to foretell stock prices, in particular over the short term (one to three months). We have eight X-level industries within the Business Services sector, namely Auction/Valuation Services, Business Information Services, Business Services, Consulting, Financial Transaction Services, Outsourcing, Staffing and Waste Removal Services. Auction/Valuation Service ranked #22, Business Information Services with a rank #59, Financial Transaction Services having a rank #76 and Waste Removal at #83, are industries that falls in the upper one-third and have a positive outlook. Staffing at rank #91 and Outsourcing at #164 are positioned in the mid one-third of all Zacks industries and have a neutral outlook. Business Services at #195 and Consulting at #209 are the ones that fall in the lower one-third and have a negative outlook. Our top pick from the Auction/Valuation industry is Copart, Inc. (NASDAQ: CPRT - Free Report ) and Liquidity Services, Inc. (NASDAQ: LQDT - Free Report ), which sport a Zacks Rank #2 (Buy). We favor S&P Global Inc. (NYSE: SPGI - Free Report ) and TransUnion (NYSE: TRU - Free Report ) carrying Zacks Rank #2s from Business Information Services. From business information service we have picked S&P Global Inc., which flaunts a Zacks Rank #1. You can see the complete list of today's Zacks #1 Rank stocks here . Expensive Valuation of the Business Service Sector The valuation of the business service sector seems expensive. The Business Service sector is currently trading at 10.6X EV/EBITDA multiple. This is expensive when compared to its own traded multiple (trading near its high end of 11.11x and median of 10.47x) in the last one year as well as S&P 500 (10.15x). Shares of the sector also underperformed the S&P 500 in the last one year period. Infact the sector ranks at bottom 38% of our Zacks Sector classification. Earnings Review & Outlook The fourth-quarter earnings season is at its peak with 82.6% of business service providers having already reported their numbers. The sector's earnings witnessed 12.1% growth on 3.1% revenue improvement. The bottom line compared favorably with the numbers delivered by the S&P 500 (6.1% earnings increase) though the top line compared unfavorably with the index (4.6% revenue growth). Beat ratio of 68.4% for earnings was weaker than the S&P 500. Overall earnings for the fourth quarter are estimated to increase 10.8% for the sector compared with a 7.5% increase for the S&P 500. Revenues, on the other hand, are expected to exhibit growth of 7.5% compared with 3.9% for the S&P 500. For full-year 2016, earnings for the business service sector are estimated to increase 3.0% on 3.4% revenue growth. This compares favorably with the S&P 500's expected earnings decline of 2.4% with revenues likely to inch up 0.7% from the 2015 level. Notably, our Earnings Trend report shows that Business Service is one of the most impressive sectors in terms of positive growth. Looking ahead, earnings for the business service sector are estimated to increase 10.9% on 3.7% revenue improvement for 2017. This compares unfavorably with the S&P 500's expected earnings growth of 12% but is better than the estimated revenue improvement of 3.6% from the 2016 level. Get the full Report on CPRT - FREE Get the full Report on LQDT - FREE Get the full Report on SPGI - FREE Get the full Report on TRU - FREE Follow us on Twitter: https://twitter.com/zacksresearch Join us on Facebook: https://www.facebook.com/home.php#/pages/Zacks-Investment-Research/57553657748?ref=ts Zacks Investment Research is under common control with affiliated entities (including a broker-dealer and an investment adviser), which may engage in transactions involving the foregoing securities for the clients of such affiliates. Media Contact Zacks Investment Research 800-767-3771 ext. 9339 support@zacks.com https://www.zacks.com/ Past performance is no guarantee of future results. Inherent in any investment is the potential for loss. This material is being provided for informational purposes only and nothing herein constitutes investment, legal, accounting or tax advice, or a recommendation to buy, sell or hold a security. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. It should not be assumed that any investments in securities, companies, sectors or markets identified and described were or will be profitable. All information is current as of the date of herein and is subject to change without notice. Any views or opinions expressed may not reflect those of the firm as a whole. Zacks Investment Research does not engage in investment banking, market making or asset management activities of any securities. These returns are from hypothetical portfolios consisting of stocks with Zacks Rank = 1 that were rebalanced monthly with zero transaction costs. These are not the returns of actual portfolios of stocks. The S&P 500 is an unmanaged index. Visit https://www.zacks.com/performance for information about the performance numbers displayed in this press release. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Copart, Inc. (CPRT): Free Stock Analysis Report Liquidity Services, Inc. (LQDT): Free Stock Analysis Report S&P Global Inc. (SPGI): Free Stock Analysis Report TransUnion (TRU): Free Stock Analysis Report To read this article on Zacks.com click here. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
CPRT,2017-02-16,7.41625,7.4825,7.3925,7.47875,"[""Alkeon Capital Management Llc Buys Exxon Mobil, PayPal Holdings, Northrop Grumman, Sells Apple, ..."", ""MIG Capital, LLC Buys ILG, Chipotle Mexican Grill, Copart, Sells JPMorgan Chase, LinkedIn, Ford ..."", ""MIG Capital, LLC Buys ILG, Chipotle Mexican Grill, Copart, Sells JPMorgan Chase, LinkedIn, Ford ..."", ""Alkeon Capital Management Llc Buys Exxon Mobil, PayPal Holdings, Northrop Grumman, Sells Apple, ..."", ""MIG Capital, LLC Buys ILG, Chipotle Mexican Grill, Copart, Sells JPMorgan Chase, LinkedIn, Ford ..."", ""Alkeon Capital Management Llc Buys Exxon Mobil, PayPal Holdings, Northrop Grumman, Sells Apple, ...""]"
CPRT,2017-02-17,7.4425,7.4475,7.345,7.37625,
CPRT,2017-02-21,7.39875,7.57,7.3825,7.5375,"[""Copart beats by $0.01, beats on revenue"", ""Copart (CPRT) Gains with Earnings Set for Release"", ""Earnings Scheduled For February 21, 2017"", ""Option Alert: CPRT Mar 60.0 Puts Sweep: 1481 @ ASK $1.55: 1483 traded vs 10 OI: Earnings today After Close $60.27 Ref"", ""Option Alert: CPRT Mar 60.0 Puts Sweep: 1481 @ ASK $1.55: 1483 traded vs 10 OI: Earnings today After Close $60.27 Ref"", ""Earnings Scheduled For February 21, 2017"", ""Copart beats by $0.01, beats on revenue"", ""Copart (CPRT) Gains with Earnings Set for Release"", ""Noteworthy Tuesday Option Activity: OA, CPRT, IONS Looking at options trading activity among components of the Russell 3000 index, there is noteworthy activity today in Orbital ATK Inc (Symbol: OA), where a total volume of 1,564 contracts has been traded thus far today, a contract volume which is representative of approximately 156,400 underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 59.9% of OA's average daily trading volume over the past month, of 260,895 shares. Especially high volume was seen for the $95 strike call option expiring March 17, 2017 , with 904 contracts trading so far today, representing approximately 90,400 underlying shares of OA. Below is a chart showing OA's trailing twelve month trading history, with the $95 strike highlighted in orange: Copart, Inc. (Symbol: CPRT) options are showing a volume of 2,456 contracts thus far today. That number of contracts represents approximately 245,600 underlying shares, working out to a sizeable 55.1% of CPRT's average daily trading volume over the past month, of 445,850 shares. Especially high volume was seen for the $60 strike put option expiring March 17, 2017 , with 2,008 contracts trading so far today, representing approximately 200,800 underlying shares of CPRT. Below is a chart showing CPRT's trailing twelve month trading history, with the $60 strike highlighted in orange: And Ionis Pharmaceuticals Inc (Symbol: IONS) saw options trading volume of 7,518 contracts, representing approximately 751,800 underlying shares or approximately 53% of IONS's average daily trading volume over the past month, of 1.4 million shares. Particularly high volume was seen for the $40 strike put option expiring March 17, 2017 , with 2,071 contracts trading so far today, representing approximately 207,100 underlying shares of IONS. Below is a chart showing IONS's trailing twelve month trading history, with the $40 strike highlighted in orange: For the various different available expirations for OA options , CPRT options , or IONS options , visit StockOptionsChannel.com. Today's Most Active Call & Put Options of the S&P 500 \u00bb The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""After-Hours Earnings Report for February 21, 2017 : EIX, CXO, NEM, ES, WCN, VRSK, AWK, FE, EXR, NFX, CPRT, ACC The following companies are expected to report earnings after hours on 02/21/2017. Visit our Earnings Calendar for a full list of expected earnings releases. Edison International ( EIX ) is reporting for the quarter ending December 31, 2016. The electric power utilities company's consensus earnings per share forecast from the 6 analysts that follow the stock is $0.95. This value represents a 7.95% increase compared to the same quarter last year. Zacks Investment Research reports that the 2016 Price to Earnings ratio for EIX is 19.38 vs. an industry ratio of 13.80, implying that they will have a higher earnings growth than their competitors in the same industry. Concho Resources Inc. ( CXO ) is reporting for the quarter ending December 31, 2016. The oil (us exp & production) company's consensus earnings per share forecast from the 14 analysts that follow the stock is $-0.09. This value represents a 28.57% decrease compared to the same quarter last year. CXO missed the consensus earnings per share in the 4th calendar quarter of 2015 by -275%. Zacks Investment Research reports that the 2016 Price to Earnings ratio for CXO is 326.02 vs. an industry ratio of 141.10, implying that they will have a higher earnings growth than their competitors in the same industry. Newmont Mining Corporation ( NEM ) is reporting for the quarter ending December 31, 2016. The gold mining company's consensus earnings per share forecast from the 6 analysts that follow the stock is $0.39. This value represents a 875.00% increase compared to the same quarter last year. NEM missed the consensus earnings per share in the 4th calendar quarter of 2015 by -71.43%. Zacks Investment Research reports that the 2016 Price to Earnings ratio for NEM is 23.48 vs. an industry ratio of 17.00, implying that they will have a higher earnings growth than their competitors in the same industry. Eversource Energy ( ES ) is reporting for the quarter ending December 31, 2016. The electric power utilities company's consensus earnings per share forecast from the 6 analysts that follow the stock is $0.75. This value represents a 25.00% increase compared to the same quarter last year. Zacks Investment Research reports that the 2016 Price to Earnings ratio for ES is 18.83 vs. an industry ratio of 13.80, implying that they will have a higher earnings growth than their competitors in the same industry. Waste Connections, Inc. ( WCN ) is reporting for the quarter ending December 31, 2016. The waste removal company's consensus earnings per share forecast from the 7 analysts that follow the stock is $0.65. This value represents a 13.33% decrease compared to the same quarter last year. WCN missed the consensus earnings per share in the 3rd calendar quarter of 2016 by -1.37%. Zacks Investment Research reports that the 2016 Price to Earnings ratio for WCN is 32.98 vs. an industry ratio of -13.60, implying that they will have a higher earnings growth than their competitors in the same industry. Verisk Analytics, Inc. ( VRSK ) is reporting for the quarter ending December 31, 2016. The business info service company's consensus earnings per share forecast from the 9 analysts that follow the stock is $0.77. This value represents a 3.75% decrease compared to the same quarter last year. Zacks Investment Research reports that the 2016 Price to Earnings ratio for VRSK is 27.27 vs. an industry ratio of 20.90, implying that they will have a higher earnings growth than their competitors in the same industry. American Water Works ( AWK ) is reporting for the quarter ending December 31, 2016. The water supply company's consensus earnings per share forecast from the 6 analysts that follow the stock is $0.56. This value represents a 1.82% increase compared to the same quarter last year. AWK missed the consensus earnings per share in the 4th calendar quarter of 2015 by -3.51%. Zacks Investment Research reports that the 2016 Price to Earnings ratio for AWK is 25.86 vs. an industry ratio of 7.00, implying that they will have a higher earnings growth than their competitors in the same industry. FirstEnergy Corporation ( FE ) is reporting for the quarter ending December 31, 2016. The electric power utilities company's consensus earnings per share forecast from the 7 analysts that follow the stock is $0.39. This value represents a 32.76% decrease compared to the same quarter last year. In the past year FE has met analyst expectations once and beat the expectations the other three quarters. Zacks Investment Research reports that the 2016 Price to Earnings ratio for FE is 11.51 vs. an industry ratio of 13.80. Extra Space Storage Inc ( EXR ) is reporting for the quarter ending December 31, 2016. The reit company's consensus earnings per share forecast from the 8 analysts that follow the stock is $0.97. This value represents a 11.49% increase compared to the same quarter last year. In the past year EXR has met analyst expectations once and beat the expectations the other three quarters. Zacks Investment Research reports that the 2016 Price to Earnings ratio for EXR is 19.86 vs. an industry ratio of 14.60, implying that they will have a higher earnings growth than their competitors in the same industry. Newfield Exploration Company ( NFX ) is reporting for the quarter ending December 31, 2016. The oil (us exp & production) company's consensus earnings per share forecast from the 13 analysts that follow the stock is $0.38. This value represents a 26.67% increase compared to the same quarter last year. NFX missed the consensus earnings per share in the 3rd calendar quarter of 2016 by -4%. Zacks Investment Research reports that the 2016 Price to Earnings ratio for NFX is 38.66 vs. an industry ratio of 141.10. Copart, Inc. ( CPRT ) is reporting for the quarter ending January 31, 2017. The auction company's consensus earnings per share forecast from the 6 analysts that follow the stock is $0.58. This value represents a 20.83% increase compared to the same quarter last year. In the past year CPRT has beat the expectations every quarter. The highest one was in the 4th calendar quarter where they beat the consensus by 1.79%. The \""days to cover\"" for this stock exceeds 11 days. Zacks Investment Research reports that the 2017 Price to Earnings ratio for CPRT is 24.32 vs. an industry ratio of 18.10, implying that they will have a higher earnings growth than their competitors in the same industry. American Campus Communities Inc ( ACC ) is reporting for the quarter ending December 31, 2016. The reit company's consensus earnings per share forecast from the 7 analysts that follow the stock is $0.65. This value represents a 5.80% decrease compared to the same quarter last year. In the past year ACC has met analyst expectations twice and beat the expectations the other two quarters. Zacks Investment Research reports that the 2016 Price to Earnings ratio for ACC is 21.94 vs. an industry ratio of 17.20, implying that they will have a higher earnings growth than their competitors in the same industry. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Option Alert: CPRT Mar 60.0 Puts Sweep: 1481 @ ASK $1.55: 1483 traded vs 10 OI: Earnings today After Close $60.27 Ref"", ""Earnings Scheduled For February 21, 2017"", ""Copart beats by $0.01, beats on revenue"", ""Copart (CPRT) Gains with Earnings Set for Release""]"
CPRT,2017-02-22,7.3125,7.434,7.11,7.30625,"[""Copart's (CPRT) CEO Jay Adair on Q2 2017 Results - Earnings Call Transcript"", ""Watch These 5 Huge Put Purchases In Wednesday Trade"", ""Watch These 5 Huge Put Purchases In Wednesday Trade"", ""Copart's (CPRT) CEO Jay Adair on Q2 2017 Results - Earnings Call Transcript"", ""Copart (CPRT) Q2 Earnings Meet Estimates, Increase Y/Y Copart, Inc.CPRT posted adjusted earnings per share (EPS) of 58 cents for second-quarter fiscal 2017 (ended Jan 31, 2016), up from 45 cents a year ago. Moreover, the EPS figure was in line with the Zacks Consensus Estimate. Reported earnings per share increased 19.1% to 56 cents from 47 cents recorded in the year-ago quarter. Net income (on a reported basis) was $66.1 million, up 12% year over year. Copart's revenues increased 16.6% to $349.5 million in the reported quarter. Further, the figure outpaced the Zacks Consensus Estimate of $339 million. Service revenues went up 19.1% to $310.03 million, while revenues from vehicle sales grew 0.5% to $39.5 million. Gross margin improved 17.8% to $146.8 million (42% of sales) in the reported quarter from $124.6 million (41.6% of sales) a year ago. Operating expenses increased to $240.7 million from $207.6 million in the year-ago quarter. Operating income rose to $108.9 million from $92.1 million in second-quarter fiscal 2016. Copart, Inc. Price, Consensus and EPS Surprise Copart, Inc. Price, Consensus and EPS Surprise | Copart, Inc. Quote Financial Details Copart had cash and cash equivalents of $174.9 million as of Jan 31, 2017, compared with $155.8 million as of Jul 31, 2016. Total debt and capital lease obligations amounted to $712.1 million as of Jan 31, 2017, compared with $640.5 million as of Jul 31, 2016. During the first half of fiscal 2017, Copart generated net cash flow of $155.5 million from operations, compared with $83.3 million a year ago. Capital spending was $92 million, compared with $77.4 million in the first half of fiscal 2016. Price Performance Copart outperformed the Zacks categorized Auction and Valuation Services industry over the last three months. The stock gained 10.7% over this period while the industry saw a1.8% decrease. Share price gained from geographic expansion and shares repurchases. Zacks Rank & Key Picks Copart currently carries a Zacks Rank #3 (Hold). Better-ranked companies in the auto space include Honda Motor Co., Ltd. HMC , Fox Factory Holding Corp FOXF and General Motors Company GM . All the stocks carry a Zacks Rank #2 (Buy). You can the complete list of today's Zacks #1 Rank (Strong Buy) stocks here. For the current year, Honda, Fox Factory and General Motors expect earnings growth of around 27%, 16.6% and 9.4%, respectively. Zacks' Top Investment Ideas for Long-Term Profit How would you like to see our best recommendations to help you find today's most promising long-term stocks? Starting now, you can look inside our portfolios featuring stocks under $10, income stocks, value investments and more. These picks, which have double and triple-digit profit potential, are rarely available to the public. But you can see them now. Click here >> Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Honda Motor Company, Ltd. (HMC): Free Stock Analysis Report Copart, Inc. (CPRT): Free Stock Analysis Report General Motors Company (GM): Free Stock Analysis Report Fox Factory Holding Corp. (FOXF): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Watch These 5 Huge Put Purchases In Wednesday Trade"", ""Copart's (CPRT) CEO Jay Adair on Q2 2017 Results - Earnings Call Transcript""]"
CPRT,2017-02-23,7.2625,7.53875,7.2075,7.43,"Copart Posts Another Solid Quarter With Strong U.S. and U.K. Revenue Copart (NASDAQ: CPRT) , which provides online auction services for car sellers as well as marketing services, saw revenue, net income, and earnings per share (EPS) spike double-digit percentages in the fiscal second quarter 2017. Copart results: The raw numbers Data source: Copart. What happened with Copart this quarter? The company said that it built out inventory in the quarter, while also seeing strong sales volume growth: Gross margin hit $146.8 million, an increase of 17.8% year over year. North American sales volume increased 18.4% year over year, and revenue in the region was up 20.5%. Unit sales volume in the U.K. grew by 15.4% compared to the year-ago quarter, and revenue from the region jumped by 15.5% year over year. Scrap prices increased by just under 40% year over year (Copart sells some salvaged vehicles, which are sold partially based on their scrap value). Overall, global revenue grew by 16.6% in the fiscal second quarter 2017. Copart brought in more inventory than it sold, which is typical for the company's second quarter. Average selling price (ASP) ticked up slightly, partly due to an increase in scrap prices. Earnings before interest and taxes (EBIT) grew just over 18% year over year to $108.9 million, up from $92.1 million in the year-ago quarter. Capital expenditures came in at $54 million for the quarter, 80% of which went to land development and lease buyouts. What management had to say Copart CFO Jeff Liaw kicked off the earnings call with a reminder to investors on what they should be focusing on with the company: ""For the cleanest look at the business, we continue to encourage you to focus on revenue, gross profits, and operating income measures."" And those are all doing quite well. Revenue was up 16.6% year over year, gross profits jumped by 17.8%, and operating income popped 18.2% in the second quarter. Most of the good news came from the company's global unit sales growth of 18% in the second quarter, which management said was ""consistent across the United States and [sic] as well as our international segment."" One negative note Copart's management mentioned came from currency exchange headwinds. ""We did experience a detrimental year-over-year currency effect on revenue of approximately $9.5 million,"" Liaw said. He noted that this came from the weak British pound relative to the dollar, which was down 17% year over year. Looking forward Copart typically doesn't provide guidance for the coming quarter, and it didn't budge on that this quarter. However, management did say that the second quarter is traditionally one in which the company builds up inventory, and accrues additional costs as a result. Liaw mentioned that in the second quarter Copart received more units than it could sell and that ""we have borne a substantial portion of the costs already for which the units will be sold later,"" which could help improve gross margin later this year. 10 stocks we like better than Copart When investing geniuses David and Tom Gardner have a stock tip, it can pay to listen. After all, the newsletter they have run for over a decade, Motley Fool Stock Advisor , has tripled the market.* David and Tom just revealed what they believe are the 10 best stocks for investors to buy right now... and Copart wasn't one of them! That's right -- they think these 10 stocks are even better buys. Click here to learn about these picks! *Stock Advisor returns as of February 6, 2017 Chris Neiger has no position in any stocks mentioned. The Motley Fool recommends Copart. The Motley Fool has a disclosure policy . The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
CPRT,2017-02-24,7.42375,7.445,7.352,7.37375,
CPRT,2017-02-27,7.375,7.44375,7.35625,7.44,
CPRT,2017-02-28,7.39375,7.4925,7.35,7.3925,
CPRT,2017-03-01,7.4575,7.5075,7.4175,7.50125,
CPRT,2017-03-02,7.47625,7.56,7.46125,7.515,
CPRT,2017-03-03,7.505,7.592,7.3955,7.56,
CPRT,2017-03-06,7.55625,7.585,7.495,7.58,"Copart (CPRT) Touches 52-Week High Post Solid Q2 Earnings Shares of Copart, Inc.CPRT touched a fresh 52-week high of $60.74 on Mar 3, up 58.4% from its 52-week low. The stock price retraced slightly to close at $60.49 in the last trading session. Growth Drivers Copart has been seeing its stock price rise steadily after it reported its second-quarter fiscal 2017 earnings. The company reported 28.9% higher adjusted earnings in the quarter compared with the year-ago figure. Net income on a reported basis and revenues also grew year over year. Copart is focused on location expansion to manage increasing volumes and undertakes such initiatives regularly. In Feb 2017, the company announced expansion plans at its San Jose, CA location as well as a new location at each, Illinois and Newbury, UK. Copart expects to expand its existing locations further as well as acquire or develop new ones with its existing cash balance. The company has over 60 expansion targets worldwide. Copart also undertakes occasional share repurchase programs to boost shareholder returns. In fiscal 2016, the company repurchased 11.3 million shares for a weighted average price of $39.29. The company has 44,543,199 shares available under its current authorized repurchase program of 98 million shares. Copart has outperformed the Zacks categorized Auction and Valuation Services industry in the last three months. The stock gained over 7.5% in this period, while the industry saw a 0.9% increase. However, Copart is exposed to currency fluctuations as the company operates in a number of markets. Moreover, improving safety features in vehicles will likely have a negative impact on Copart's future earnings. As safety features improve, the accident rate and hence, supply of salvage vehicles is expected to reduce which could affect Copart's inventory levels. Estimate Revisions Show Potency Over the last month, the Zacks Consensus Estimate for Copart rose 1.4% to 72 cents per share for third-quarter fiscal 2017 and 1.6% to $2.50 for full year. This represents a 12.5% and 19% year-over-year rise, respectively. Copart, Inc. Price, Consensus and EPS Surprise Copart, Inc. Price, Consensus and EPS Surprise | Copart, Inc. Quote Zacks Rank & Key Picks Copart currently carries a Zacks Rank #3 (Hold). Some better-ranked companies in the auto space include Honda Motor Co., Ltd. HMC , General Motors Company GM and Fiat Chrysler Automobiles N.V. FCAU . All the three stocks sport a Zacks Rank #1 (Strong Buy). You can see the complete list of today's Zacks #1 Rank stocks here. Honda has an expected long-term growth rate of 26%. General Motors has an expected long-term growth rate of 9.4%. Fiat has an expected long-term growth rate of 21.70%. Zacks' Top 10 Stocks for 2017 In addition to the stocks discussed above, would you like to know about our 10 finest buy-and-hold tickers for the entirety of 2017? Who wouldn't? Last year's market-beating Top 10 portfolio produced 5 double-digit winners. For example, oil and natural gas giant Pioneer Natural Resources and First Republic Bank racked up stellar gains of +44.9% and +44.3% respectively. Now a brand-new list for 2017 has been hand-picked from 4,400 companies covered by the Zacks Rank. See the 2017 Top 10 right now>> Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Honda Motor Company, Ltd. (HMC): Free Stock Analysis Report Fiat Chrysler Automobiles N.V. (FCAU): Free Stock Analysis Report Copart, Inc. (CPRT): Free Stock Analysis Report General Motors Company (GM): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
CPRT,2017-03-07,7.59,7.605,7.54,7.57875,
CPRT,2017-03-08,7.59625,7.62975,7.55375,7.57125,
CPRT,2017-03-09,7.58625,7.58625,7.4975,7.55625,
CPRT,2017-03-10,7.57625,7.603,7.5245,7.57,
CPRT,2017-03-13,7.57375,7.61,7.55625,7.57375,
CPRT,2017-03-14,7.5475,7.5775,7.46375,7.55125,
CPRT,2017-03-15,7.57875,7.641,7.555,7.635,
CPRT,2017-03-16,7.6475,7.70125,7.61,7.65875,
CPRT,2017-03-17,7.68125,7.7125,7.65375,7.68625,
CPRT,2017-03-20,7.68625,7.7285,7.6375,7.725,
CPRT,2017-03-21,7.7425,7.7705,7.5675,7.595,
CPRT,2017-03-22,7.6,7.6925,7.59375,7.65125,
CPRT,2017-03-23,7.62125,7.7025,7.61,7.67625,
CPRT,2017-03-24,7.6825,7.72625,7.645,7.665,"Why Is Copart (CPRT) Up 4.7% Since the Last Earnings Report? A month has gone by since the last earnings report for Copart, Inc.CPRT . Shares have added about 4.7% in that time frame, outperforming the market. Will the recent positive trend continue leading up to the stock's next earnings release, or is it due for a pullback? Before we dive into how investors and analysts have reacted as of late, let's take a quick look at the most recent earnings report in order to get a better handle on the important drivers. Copart Q2 Earnings Meet Estimates, Increase Y/Y Copart posted adjusted earnings per share (""EPS"") of $0.58 for second-quarter fiscal 2017 (ended Jan 31, 2016), up from $0.45 a year ago. Moreover, the EPS figure was in line with the Zacks Consensus Estimate. Reported earnings per share increased 19.1% to $0.56 from $0.47 recorded in the year-ago quarter. Net income (on a reported basis) was $66.1 million, up 12% year over year. Copart's revenues increased 16.6% to $349.5 million in the reported quarter. Further, the figure outpaced the Zacks Consensus Estimate of $339 million. Service revenues went up 19.1% to $310.03 million, while revenues from vehicle sales grew 0.5% to $39.5 million. Gross margin improved 17.8% to $146.8 million (42% of sales) in the reported quarter from $124.6 million (41.6% of sales) a year ago. Operating expenses increased to $240.7 million from $207.6 million in the year-ago quarter. Operating income rose to $108.9 million from $92.1 million in second-quarter fiscal 2016. Financial Details Copart had cash and cash equivalents of $174.9 million as of Jan 31, 2017, compared with $155.8 million as of Jul 31, 2016. Total debt and capital lease obligations amounted to $712.1 million as of Jan 31, 2017, compared with $640.5 million as of Jul 31, 2016. During the first half of fiscal 2017, Copart generated net cash flow of $155.5 million from operations, compared with $83.3 million a year ago. Capital spending was $92 million, compared with $77.4 million in the first half of fiscal 2016. How Have Estimates Been Moving Since Then? Following the release, investors have witnessed an upward trend in fresh estimates. There have been four revisions higher for the current quarter compared to one lower. Copart, Inc. Price and Consensus Copart, Inc. Price and Consensus | Copart, Inc. Quote VGM Scores At this time, Copart' stock has a subpar Growth Score of 'D', however its Momentum is doing a bit better with a 'C'. Charting a somewhat similar path, the stock was allocated a grade of 'D' on the value side, putting it in the bottom 40% for this investment strategy. Overall, the stock has an aggregate VGM Score of 'D'. If you aren't focused on one strategy, this score is the one you should be interested in. The company's stock is suitable solely for momentum based on our styles scores. Outlook Estimates have been trending upward for the stock. The magnitude of these revisions also looks promising. Notably, the stock has a Zacks Rank #3 (Hold). We are expecting an inline return from the stock in the next few months. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Copart, Inc. (CPRT): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
CPRT,2017-03-27,7.62875,7.77125,7.595,7.76,"Copart (CPRT) Declares Common Stock Split in 2-for-1 Ratio Copart, Inc. CPRT announced that its board has cleared the split of its common stock in a two-for-one ratio. Shareholders will receive one additional share for every share held, in a stock dividend. The company's CEO stated that the split will widen distribution as well as provide higher liquidity for the company stock. The additional shares will be provided on Apr 10, after the market closes , to shareholders on record as of Apr 3. This move will double Copart's outstanding shares from about 115 million to roughly 230 million shares. The issue of new shares due to the split will also be adjusted to Copart's equity investment plans which include stock, entitled to awards and available resources. Moreover, the company's share buyback program will also be adjusted to reflect this split. Copart occasionally repurchases shares to boost shareholder value. In fiscal 2016, the company repurchased 11.3 million shares for a weighted average price of $39.29. The company had also repurchased around 6.5 million shares for $233.5 million in Jul 2015. Copart recorded adjusted earnings per share of 58 cents for second-quarter fiscal 2017 (ended Jan 31, 2016), up from 45 cents a year ago. Moreover, the earnings per share figure was in line with the Zacks Consensus Estimate. The company's revenues increased 16.6% to $349.5 million in the reported quarter. Further, the figure outpaced the Zacks Consensus Estimate of $339 million. Service revenues went up 19.1% to $310.03 million while revenues from vehicle sales grew 0.5% to $39.5 million. Copart outperformed the Zacks categorized Auction and Valuation Services industry over the last three months. The stock gained 10.4% over this period while the industry witnessed a decline of 5.1%. Share price improved from geographical expansions and shares repurchases. Zacks Rank & Key Picks Copart currently carries a Zacks Rank #3 (Hold). Better-ranked companies in the auto space include Honda Motor Co., Ltd. HMC , Adient PLC ADNT and Volkswagen AG VLKAY . All the three stocks carry a Zacks Rank #2 (Buy). You can the complete list of today's Zacks #1 Rank (Strong Buy) stocks here. For the long-term, Honda, Adient and Volkswagen has expected earnings growth rate of around 26%, 14.9% and 27.2%, respectively. Zacks' Top 10 Stocks for 2017 In addition to the stocks discussed above, would you like to know about our 10 finest buy-and-hold tickers for the entirety of 2017? Who wouldn't? Last year's market-beating Top 10 portfolio produced 5 double-digit winners. For example, oil and natural gas giant Pioneer Natural Resources and First Republic Bank racked up stellar gains of +44.9% and +44.3% respectively. Now a brand-new list for 2017 has been hand-picked from 4,400 companies covered by the Zacks Rank. See the 2017 Top 10 right now>> Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Honda Motor Company, Ltd. (HMC): Free Stock Analysis Report Volkswagen AG (VLKAY): Free Stock Analysis Report Adient PLC (ADNT): Free Stock Analysis Report Copart, Inc. (CPRT): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
CPRT,2017-03-28,7.74375,7.8375,7.689,7.8,
CPRT,2017-03-29,7.8075,7.83,7.75,7.7875,
CPRT,2017-03-30,7.78,7.892,7.74,7.76,
CPRT,2017-03-31,7.76625,7.785,7.73,7.74125,
CPRT,2017-04-03,7.76125,7.8195,7.5825,7.6,
CPRT,2017-04-04,7.58875,7.59875,7.4775,7.495,
CPRT,2017-04-05,7.5125,7.56375,7.45625,7.45875,
CPRT,2017-04-06,7.48375,7.54875,7.39875,7.50125,
CPRT,2017-04-07,7.4825,7.52875,7.45125,7.46,"3 Top Bargain Stocks to Buy Today As the stock market indices continue to climb a ""wall of worry,"" there's plenty of reason to view the market as being expensive -- maybe downright overvalued. After all, the average S&P 500 stock sells for over 26 times earnings at recent prices. That's a steep premium to historic levels. In fairness, there's more to it than just the market's P/E ratio, but value-minded investors are having a harder time finding stocks that offer both a solid business and a reasonable price. Yet, there are values to be had, if you know where to look. Three stocks worth a hard look right now? Auto-salvage expert Copart, Inc. (NASDAQ: CPRT) ; a surprising tech leader with huge profit potential, Yandex NV (NASDAQ: YNDX) ; and beaten-up online travel review site TripAdvisor Inc. (NASDAQ: TRIP) . On top of the junk pile Jason Hall ( Copart, Inc. ): It's somewhat ironic to have found Copart as a great bargain stock to buy. After all, the company is in the business of selling junked, wrecked, and otherwise salvaged cars. But with its stock trading at a price-to-earnings multiple of just over 18 and a PEG ratio around 1, it's a lot like finding a pristine 1964 1/2 Mustang buried in the weeds at your neighborhood salvage yard. And Copart isn't just a cheap stock. Over the past five years, the company has grown earnings per share almost 150%, through a combination of expansion, cost efficiency, and share buybacks. Over that period, net income has increased 121%, while management has repurchased almost 10% of shares outstanding. And there's more growth in Copart's future. The company has done a solid job growing its business and expanding its relationships with some of the United States' largest auto insurers, but the auto-salvage business is still ripe for further consolidation both domestically and in the other 11 countries Copart operates in. And as one of the largest players in the business, Copart's scale is a real competitive advantage that should help it continue growing for years to come. Put it all together, and you have an industry leader with solid growth prospects, trading at its cheapest valuation in years. That's a textbook bargain stock to buy. An expensive-looking Russian company that isn't quite so expensive Brian Stoffel ( Yandex ): Tell me if this sounds like a bargain stock to you: It trades for 63 times trailing earnings and has seen its net income fall 60% in the past two years. Oh, yeah -- and it's a company operating primarily in Russia -- a bastion of excellent business prospects. (Yes, that's sarcasm). OK, so maybe this isn't your prototypical ""bargain"" stock, but I think shares of Yandex are appealing at today's prices. Hidden underneath all the doom and gloom of the company's falling profit is that sales have been climbing at an impressive rate, up 28% per year over the past four years. The real reason Yandex's profit hasn't kept up is that it's been aggressively reinvesting in itself. Product and development costs have jumped 270% since 2012, and sales, general, and administrative expenses are up 265% over the same time frame. What are these investments in? Primarily, the future of Yandex: e-commerce, online-to-offline (O2O) investments such as tickets and taxi-hailing services, and even TV programs. Those types of investments take a lot of up-front cash, and success isn't guaranteed. But Yandex is building a moat around itself by differentiating what Google currently offers in Russia. Eventually, the spending on that infrastructure will subside, and profits can boom. If you're looking for a real reason to believe that Yandex is a bargain, look no further than the company's price-to-sales ratio, which currently sits at 6. That's a full 75% cheaper than it was at the end of 2011. Dark clouds I can see through Brian Feroldi ( TripAdvisor ): Online travel-review site TripAdvisor has been a tough stock to hold over the past few years. Shares have fallen by more than 60% from their peak because management made the bold decision in 2015 to become a one-stop shop for customers. The company wants to control the entire consumer experience by becoming an online travel agent, just like The Priceline Group and Expedia . To realize this dream they rolled out an ""Instant Booking"" feature across the site, which allows customers to make their travel arrangements without ever leaving the company's platform. In theory, this move should lead to outsize revenue and profit growth for years to come. However, TripAdvisor has struggled to translate this business model change into financial success. The company's top line has stagnated since 2015, which isn't something growth investors like to see. To make matters worse, the Instant Booking rollout has proven to be expensive. When combined, TripAdvisor's profits have tanked. TRIP Revenue (TTM) data by YCharts Despite the company's financial struggles, a look below the headline numbers shows that the TripAdvisor community is as strong as ever. As of the end of 2016, TripAdvisor welcomed an average of 390 million unique visitors per month. That figure compares quite favorably with the 315 million unique visitors recorded as of the end of 2014. Meanwhile, the number of reviews and listings on TripAdvisor's platform also continues to exhibit strong growth . In all, TripAdvisor continues to demonstrate that its platform and brands are as popular as ever with customers. If you believe that the company's Instant Booking rollout will be a success in the long term, then buying shares today could prove to be a smart decision. 10 stocks we like better than TripAdvisor When investing geniuses David and Tom Gardner have a stock tip, it can pay to listen. After all, the newsletter they have run for over a decade, Motley Fool Stock Advisor , has tripled the market.* David and Tom just revealed what they believe are the 10 best stocks for investors to buy right now... and TripAdvisor wasn't one of them! That's right -- they think these 10 stocks are even better buys. Click here to learn about these picks! *Stock Advisor returns as of April 3, 2017 Brian Feroldi owns shares of TripAdvisor. Brian Stoffel owns shares of Yandex. Jason Hall owns shares of TripAdvisor. The Motley Fool owns shares of and recommends TripAdvisor. The Motley Fool recommends Copart and Yandex. The Motley Fool has a disclosure policy . The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
CPRT,2017-04-10,7.475,7.5525,7.4725,7.51375,
CPRT,2017-04-11,7.545,7.6625,7.4175,7.53,
CPRT,2017-04-12,7.5275,7.545,7.44,7.4575,
CPRT,2017-04-13,7.46,7.5,7.41,7.4125,"[""Weybosset Research & Management Llc Buys Copart, FMC, Polaris Industries, Sells Praxair, ..."", ""Weybosset Research & Management Llc Buys Copart, FMC, Polaris Industries, Sells Praxair, ..."", ""Weybosset Research & Management Llc Buys Copart, FMC, Polaris Industries, Sells Praxair, ...""]"
CPRT,2017-04-17,7.4275,7.49875,7.4175,7.48,
CPRT,2017-04-18,7.415,7.4875,7.4125,7.455,"[""Georgia Bennicas Dba Bennicas & Associates Buys Copart, Healthcare Realty Trust, Sells ..."", ""Georgia Bennicas Dba Bennicas & Associates Buys Copart, Healthcare Realty Trust, Sells ..."", ""Georgia Bennicas Dba Bennicas & Associates Buys Copart, Healthcare Realty Trust, Sells ..."", ""Georgia Bennicas Dba Bennicas & Associates Buys Copart, Healthcare Realty Trust, Sells ..."", ""Georgia Bennicas Dba Bennicas & Associates Buys Copart, Healthcare Realty Trust, Sells ...""]"
CPRT,2017-04-19,7.4875,7.505,7.445,7.495,
CPRT,2017-04-20,7.5275,7.5725,7.5,7.5575,"[""Bright Rock Capital Management, Llc Buys Nike, Facebook, Alphabet, Sells Citrix Systems, Walt ..."", ""West Coast Financial LLC Buys iShares Core S&P Small-Cap, American Eagle Outfitters, ..."", ""West Coast Financial LLC Buys iShares Core S&P Small-Cap, American Eagle Outfitters, ..."", ""Bright Rock Capital Management, Llc Buys Nike, Facebook, Alphabet, Sells Citrix Systems, Walt ..."", ""West Coast Financial LLC Buys iShares Core S&P Small-Cap, American Eagle Outfitters, ..."", ""Bright Rock Capital Management, Llc Buys Nike, Facebook, Alphabet, Sells Citrix Systems, Walt ...""]"
CPRT,2017-04-21,7.5275,7.59,7.5275,7.56,
CPRT,2017-04-24,7.6325,7.685,7.6,7.67,
CPRT,2017-04-25,7.71,7.7525,7.6725,7.715,
CPRT,2017-04-26,7.7325,7.785,7.705,7.7475,"[""The Goodyear Tire & Rubber Company (GT) Ex-Dividend Date Scheduled for April 27, 2017 The Goodyear Tire & Rubber Company ( GT ) will begin trading ex-dividend on April 27, 2017. A cash dividend payment of $0.1 per share is scheduled to be paid on June 01, 2017. Shareholders who purchased GT prior to the ex-dividend date are eligible for the cash dividend payment. This marks the 3rd quarter that GT has paid the same dividend. At the current stock price of $35.86, the dividend yield is 1.12%. The previous trading day's last sale of GT was $35.86, representing a -3.6% decrease from the 52 week high of $37.20 and a 47.54% increase over the 52 week low of $24.31. GT is a part of the Consumer Durables sector, which includes companies such as Copart, Inc. ( CPRT ) and Genuine Parts Company ( GPC ). GT's current earnings per share, an indicator of a company's profitability, is $4.76. Zacks Investment Research reports GT's forecasted earnings growth in 2017 as -.17%, compared to an industry average of -10.1%. For more information on the declaration, record and payment dates, visit the GT Dividend History page. Our Dividend Calendar has the full list of stocks that have an ex-dividend today. Interested in gaining exposure to GT through an Exchange Traded Fund [ETF]? The following ETF(s) have GT as a top-10 holding: WBI Tactical SMV Shares ( WBIB ) WBI Tactical SMS Shares ( WBID ). The top-performing ETF of this group is WBID with an increase of 5.32% over the last 100 days. WBIB has the highest percent weighting of GT at 4.5%. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Caseys General Stores, Inc. (CASY) Ex-Dividend Date Scheduled for April 27, 2017 Caseys General Stores, Inc. ( CASY ) will begin trading ex-dividend on April 27, 2017. A cash dividend payment of $0.24 per share is scheduled to be paid on May 15, 2017. Shareholders who purchased CASY prior to the ex-dividend date are eligible for the cash dividend payment. This marks the 4th quarter that CASY has paid the same dividend. At the current stock price of $113.7, the dividend yield is .84%. The previous trading day's last sale of CASY was $113.7, representing a -16.53% decrease from the 52 week high of $136.22 and a 5.84% increase over the 52 week low of $107.43. CASY is a part of the Consumer Durables sector, which includes companies such as Copart, Inc. ( CPRT ) and Genuine Parts Company ( GPC ). CASY's current earnings per share, an indicator of a company's profitability, is $4.91. Zacks Investment Research reports CASY's forecasted earnings growth in 2017 as -19.81%, compared to an industry average of 1.2%. For more information on the declaration, record and payment dates, visit the CASY Dividend History page. Our Dividend Calendar has the full list of stocks that have an ex-dividend today. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.""]"
CPRT,2017-04-27,7.785,7.85125,7.7275,7.795,
CPRT,2017-04-28,7.8025,7.8225,7.71625,7.725,"[""LaFleur & Godfrey LLC Buys Vulcan Materials Co, Copart, Apache, Sells AbbVie, Harman ..."", ""LaFleur & Godfrey LLC Buys Vulcan Materials Co, Copart, Apache, Sells AbbVie, Harman ..."", ""LaFleur & Godfrey LLC Buys Vulcan Materials Co, Copart, Apache, Sells AbbVie, Harman ...""]"
CPRT,2017-05-01,7.755,7.7575,7.655,7.66,
CPRT,2017-05-02,7.675,7.7025,7.6075,7.6625,"[""State Board Of Administration Of Florida Retirement System Buys SBA Communications Corp, GGP ..."", ""State Board Of Administration Of Florida Retirement System Buys SBA Communications Corp, GGP ..."", ""State Board Of Administration Of Florida Retirement System Buys SBA Communications Corp, GGP ...""]"
CPRT,2017-05-03,7.6375,7.6375,7.54875,7.5675,"[""Solaris Asset Management Llc Buys iShares Core S&P Mid-Cap, Berkshire Hathaway Inc, ..."", ""Solaris Asset Management Llc Buys iShares Core S&P Mid-Cap, Berkshire Hathaway Inc, ..."", ""Solaris Asset Management Llc Buys iShares Core S&P Mid-Cap, Berkshire Hathaway Inc, ...""]"
CPRT,2017-05-04,7.5775,7.6375,7.53625,7.63,
CPRT,2017-05-05,7.645,7.665,7.57,7.6625,"[""Endurance Wealth Management, Inc. Buys Occidental Petroleum Corp, Nielsen Holdings PLC, ..."", ""Endurance Wealth Management, Inc. Buys Occidental Petroleum Corp, Nielsen Holdings PLC, ..."", ""Endurance Wealth Management, Inc. Buys Occidental Petroleum Corp, Nielsen Holdings PLC, ...""]"
CPRT,2017-05-08,7.6575,7.6925,7.6075,7.625,"West Marine, Inc. (WMAR) Ex-Dividend Date Scheduled for May 09, 2017 West Marine, Inc. ( WMAR ) will begin trading ex-dividend on May 09, 2017. A cash dividend payment of $0.05 per share is scheduled to be paid on May 25, 2017. Shareholders who purchased WMAR prior to the ex-dividend date are eligible for the cash dividend payment. At the current stock price of $10.73, the dividend yield is 1.86%. The previous trading day's last sale of WMAR was $10.73, representing a -8.45% decrease from the 52 week high of $11.72 and a 38.1% increase over the 52 week low of $7.77. WMAR is a part of the Consumer Durables sector, which includes companies such as Copart, Inc. ( CPRT ) and Genuine Parts Company ( GPC ). WMAR's current earnings per share, an indicator of a company's profitability, is $.33. Zacks Investment Research reports WMAR's forecasted earnings growth in 2017 as 34.62%, compared to an industry average of 11.7%. For more information on the declaration, record and payment dates, visit the WMAR Dividend History page. Our Dividend Calendar has the full list of stocks that have an ex-dividend today. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
CPRT,2017-05-09,7.6325,7.6675,7.585,7.6025,"[""Morgan Dempsey Capital Management Llc Buys Cisco Systems Inc, Chevron Corp, Coca-Cola Co, Sells ..."", ""Morgan Dempsey Capital Management Llc Buys Cisco Systems Inc, Chevron Corp, Coca-Cola Co, Sells ..."", ""Morgan Dempsey Capital Management Llc Buys Cisco Systems Inc, Chevron Corp, Coca-Cola Co, Sells ...""]"
CPRT,2017-05-10,7.58,7.6275,7.505,7.5425,"[""William Blair Investment Management, Llc Buys Alibaba Group Holding, Copart Inc, Ctrip. ..."", ""William Blair Investment Management, Llc Buys Alibaba Group Holding, Copart Inc, Ctrip. ..."", ""William Blair Investment Management, Llc Buys Alibaba Group Holding, Copart Inc, Ctrip. ... William Blair Investment Management, Llc New Purchases: MIK , TRU , INDA , RSX, EEFT, WB, KMX, FQVLF, WIX, SINA, Added Positions:BABA, CPRT, CTRP, BWXT, LOPE, MTN, UNH, MXL, EFX, CNI, Reduced Positions:TD, TDG, AKAM, CERN, ULTA, HLF, WLTW, MTD, TSM, ODFL, Sold Out:MJN, ANCUF, DG, GIB, BIDU, G, FDS, BWA, WOOF, LXFT, For the details of WILLIAM BLAIR INVESTMENT MANAGEMENT, LLC's stock buys and sells, go to http://www.gurufocus.com/StockBuy.php?GuruName=WILLIAM+BLAIR+INVESTMENT+MANAGEMENT%2C+LLC These are the top 5 holdings of WILLIAM BLAIR INVESTMENT MANAGEMENT, LLC Alibaba Group Holding Ltd ( BABA ) - 7,603,566 shares, 3.1% of the total portfolio. Shares added by 69.21% Taiwan Semiconductor Manufacturing Co Ltd ( TSM ) - 17,666,683 shares, 2.2% of the total portfolio. Shares reduced by 11.46% SPDR S&P 500 ( SPY ) - 1,996,424 shares, 1.78% of the total portfolio. Shares reduced by 8.62% Vantiv Inc ( VNTV ) - 5,769,789 shares, 1.4% of the total portfolio. Shares added by 3.06% Copart Inc ( CPRT ) - 22,002,180 shares, 1.29% of the total portfolio. Shares added by 163.44% New Purchase: The Michaels Companies Inc (MIK) William Blair Investment Management, Llc initiated holdings in The Michaels Companies Inc. The purchase prices were between $19.35 and $22.64, with an estimated average price of $21.02. The stock is now traded at around $22.08. The impact to the portfolio due to this purchase was 0.36%. The holdings were 4,240,011 shares as of 2017-03-31. New Purchase: TransUnion (TRU) William Blair Investment Management, Llc initiated holdings in TransUnion. The purchase prices were between $30.96 and $38.51, with an estimated average price of $35.14. The stock is now traded at around $41.38. The impact to the portfolio due to this purchase was 0.34%. The holdings were 2,322,141 shares as of 2017-03-31. New Purchase: Ishares MSCI India (INDA) William Blair Investment Management, Llc initiated holdings in Ishares MSCI India. The purchase prices were between $26.81 and $31.6, with an estimated average price of $29.25. The stock is now traded at around $23.60. The impact to the portfolio due to this purchase was 0.29%. The holdings were 2,435,295 shares as of 2017-03-31. New Purchase: VanEck Vectors Russia (RSX) William Blair Investment Management, Llc initiated holdings in VanEck Vectors Russia. The purchase prices were between $19.34 and $22.08, with an estimated average price of $21.06. The stock is now traded at around $20.66. The impact to the portfolio due to this purchase was 0.28%. The holdings were 3,632,400 shares as of 2017-03-31. New Purchase: Euronet Worldwide Inc (EEFT) William Blair Investment Management, Llc initiated holdings in Euronet Worldwide Inc. The purchase prices were between $71.22 and $85.52, with an estimated average price of $78.6. The stock is now traded at around $85.31. The impact to the portfolio due to this purchase was 0.27%. The holdings were 839,346 shares as of 2017-03-31. New Purchase: Weibo Corp (WB) William Blair Investment Management, Llc initiated holdings in Weibo Corp. The purchase prices were between $41.55 and $58.21, with an estimated average price of $49.76. The stock is now traded at around $62.51. The impact to the portfolio due to this purchase was 0.21%. The holdings were 1,074,507 shares as of 2017-03-31. Added: Alibaba Group Holding Ltd ( BABA ) William Blair Investment Management, Llc added to the holdings in Alibaba Group Holding Ltd by 69.21%. The purchase prices were between $88.6 and $109.51, with an estimated average price of $101.77. The stock is now traded at around $119.98. The impact to the portfolio due to this purchase was 1.27%. The holdings were 7,603,566 shares as of 2017-03-31. Added: Copart Inc ( CPRT ) William Blair Investment Management, Llc added to the holdings in Copart Inc by 163.44%. The purchase prices were between $27.83 and $31.2, with an estimated average price of $29.42. The stock is now traded at around $30.17. The impact to the portfolio due to this purchase was 0.8%. The holdings were 22,002,180 shares as of 2017-03-31. Added: Ctrip.com International Ltd (CTRP) William Blair Investment Management, Llc added to the holdings in Ctrip.com International Ltd by 297.94%. The purchase prices were between $40.49 and $49.76, with an estimated average price of $45.82. The stock is now traded at around $56.13. The impact to the portfolio due to this purchase was 0.57%. The holdings were 4,083,783 shares as of 2017-03-31. Added: BWX Technologies Inc (BWXT) William Blair Investment Management, Llc added to the holdings in BWX Technologies Inc by 83.41%. The purchase prices were between $39.22 and $48.1, with an estimated average price of $43.66. The stock is now traded at around $50.26. The impact to the portfolio due to this purchase was 0.48%. The holdings were 5,853,746 shares as of 2017-03-31. Added: Vail Resorts Inc (MTN) William Blair Investment Management, Llc added to the holdings in Vail Resorts Inc by 76.79%. The purchase prices were between $160.98 and $191.9, with an estimated average price of $177.17. The stock is now traded at around $201.19. The impact to the portfolio due to this purchase was 0.41%. The holdings were 1,312,463 shares as of 2017-03-31. Added: Grand Canyon Education Inc (LOPE) William Blair Investment Management, Llc added to the holdings in Grand Canyon Education Inc by 1271.13%. The purchase prices were between $56.87 and $71.74, with an estimated average price of $62.1. The stock is now traded at around $78.40. The impact to the portfolio due to this purchase was 0.41%. The holdings were 1,608,593 shares as of 2017-03-31. Sold Out: Mead Johnson Nutrition Co (MJN) William Blair Investment Management, Llc sold out the holdings in Mead Johnson Nutrition Co. The sale prices were between $69.5 and $89.08, with an estimated average price of $82.24. Sold Out: Alimentation Couche-Tard Inc (ANCUF) William Blair Investment Management, Llc sold out the holdings in Alimentation Couche-Tard Inc. The sale prices were between $43.26 and $47.89, with an estimated average price of $45.85. Sold Out: Dollar General Corp (DG) William Blair Investment Management, Llc sold out the holdings in Dollar General Corp. The sale prices were between $68.55 and $77.86, with an estimated average price of $73.24. Sold Out: CGI Group Inc (GIB) William Blair Investment Management, Llc sold out the holdings in CGI Group Inc. The sale prices were between $45.98 and $49.73, with an estimated average price of $47.98. Sold Out: Baidu Inc (BIDU) William Blair Investment Management, Llc sold out the holdings in Baidu Inc. The sale prices were between $168.26 and $186.01, with an estimated average price of $175.99. Sold Out: Genpact Ltd (G) William Blair Investment Management, Llc sold out the holdings in Genpact Ltd. The sale prices were between $23.77 and $25.2, with an estimated average price of $24.38. Warning! GuruFocus has detected 5 Warning Signs with BABA. Click here to check it out. BABA 15-Year Financial Data The intrinsic value of BABA Peter Lynch Chart of BABA Premium Members This article first appeared on GuruFocus . The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""William Blair Investment Management, Llc Buys Alibaba Group Holding, Copart Inc, Ctrip. ...""]"
CPRT,2017-05-11,7.525,7.55,7.41,7.48,"[""Chuck Royce Buys Copart Inc, Cooper Tire & Rubber Co, Fabrinet, Sells Cognex Corp, Aceto ..."", ""Boston Financial Mangement Inc Buys Luxottica Group SpA, Air Products & Chemicals Inc, ..."", ""Chuck Royce Buys Copart Inc, Cooper Tire & Rubber Co, Fabrinet, Sells Cognex Corp, Aceto ..."", ""Boston Financial Mangement Inc Buys Luxottica Group SpA, Air Products & Chemicals Inc, ..."", ""Chuck Royce Buys Copart Inc, Cooper Tire & Rubber Co, Fabrinet, Sells Cognex Corp, Aceto ..."", ""Boston Financial Mangement Inc Buys Luxottica Group SpA, Air Products & Chemicals Inc, ...""]"
CPRT,2017-05-12,7.475,7.485,7.4375,7.4725,"[""Columbia Wanger Buys New Oriental Education & Technology Group Inc, Natus Medical Inc, ..."", ""Columbia Wanger Buys New Oriental Education & Technology Group Inc, Natus Medical Inc, ..."", ""Columbia Wanger Buys New Oriental Education & Technology Group Inc, Natus Medical Inc, ...""]"
CPRT,2017-05-15,7.4725,7.555,7.4475,7.495,"[""Nitorum Capital, L.P. Buys Gartner Inc, Cott Corp, Aramark, Sells VCA Inc, KAR Auction Services ..."", ""Nitorum Capital, L.P. Buys Gartner Inc, Cott Corp, Aramark, Sells VCA Inc, KAR Auction Services ..."", ""Nitorum Capital, L.P. Buys Gartner Inc, Cott Corp, Aramark, Sells VCA Inc, KAR Auction Services ...""]"
CPRT,2017-05-16,7.4875,7.5325,7.439,7.4925,
CPRT,2017-05-17,7.4225,7.465,7.2925,7.295,"[""Kimelman & Baird, LLC Buys Copart Inc, TJX Inc, PNC Financial Services Group Inc, Sells FMC ..."", ""First City Capital Management, Inc. Buys Williams Partners LP, Facebook Inc, Ameren Corp, Sells ..."", ""Kimelman & Baird, LLC Buys Copart Inc, TJX Inc, PNC Financial Services Group Inc, Sells FMC ..."", ""First City Capital Management, Inc. Buys Williams Partners LP, Facebook Inc, Ameren Corp, Sells ..."", ""Penske Automotive Group, Inc. (PAG) Ex-Dividend Date Scheduled for May 18, 2017 Penske Automotive Group, Inc. ( PAG ) will begin trading ex-dividend on May 18, 2017. A cash dividend payment of $0.31 per share is scheduled to be paid on June 01, 2017. Shareholders who purchased PAG prior to the ex-dividend date are eligible for the cash dividend payment. This represents an 3.33% increase over prior dividend payment. At the current stock price of $43.84, the dividend yield is 2.83%. The previous trading day's last sale of PAG was $43.84, representing a -21.78% decrease from the 52 week high of $56.05 and a 49.68% increase over the 52 week low of $29.29. PAG is a part of the Consumer Durables sector, which includes companies such as Copart, Inc. ( CPRT ) and Genuine Parts Company ( GPC ). PAG's current earnings per share, an indicator of a company's profitability, is $4.06. Zacks Investment Research reports PAG's forecasted earnings growth in 2017 as 9.35%, compared to an industry average of 13.1%. For more information on the declaration, record and payment dates, visit the PAG Dividend History page. Our Dividend Calendar has the full list of stocks that have an ex-dividend today. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Kimelman & Baird, LLC Buys Copart Inc, TJX Inc, PNC Financial Services Group Inc, Sells FMC ... Kimelman & Baird, LLC New Purchases: TJX , PNC , IBM , TCEHY, DUK, ENB, HDB, PFE, Added Positions:CPRT, V, COST, COP, PEP, RDS.A, DD, DOW, GHDX, MHGVY, Reduced Positions:MTX, CMD, AMZN, XOM, FB, MCD, JPM, TFX, SE, IP, Sold Out:FTI, PSIX, REGN, ESSX, For the details of Kimelman & Baird, LLC's stock buys and sells, go to http://www.gurufocus.com/StockBuy.php?GuruName=Kimelman+%26+Baird%2C+LLC These are the top 5 holdings of Kimelman & Baird, LLC Copart Inc ( CPRT ) - 2,121,964 shares, 5.03% of the total portfolio. Shares added by 88.06% Facebook Inc ( FB ) - 216,836 shares, 4.72% of the total portfolio. Shares reduced by 2.37% Teleflex Inc ( TFX ) - 147,374 shares, 4.37% of the total portfolio. Shares reduced by 1.24% Cantel Medical Corp ( CMD ) - 348,641 shares, 4.28% of the total portfolio. Shares reduced by 3.32% General Electric Co ( GE ) - 907,617 shares, 4.14% of the total portfolio. Shares added by 0.88% New Purchase: TJX Companies Inc (TJX) Kimelman & Baird, LLC initiated holdings in TJX Companies Inc. The purchase prices were between $74.04 and $79.77, with an estimated average price of $77.07. The stock is now traded at around $74.30. The impact to the portfolio due to this purchase was 2.02%. The holdings were 166,495 shares as of 2017-03-31. New Purchase: PNC Financial Services Group Inc (PNC) Kimelman & Baird, LLC initiated holdings in PNC Financial Services Group Inc. The purchase prices were between $113.93 and $130.85, with an estimated average price of $122.49. The stock is now traded at around $118.70. The impact to the portfolio due to this purchase was 1.45%. The holdings were 78,765 shares as of 2017-03-31. New Purchase: International Business Machines Corp (IBM) Kimelman & Baird, LLC initiated holdings in International Business Machines Corp. The purchase prices were between $165.52 and $181.95, with an estimated average price of $175.39. The stock is now traded at around $152.02. The impact to the portfolio due to this purchase was 0.05%. The holdings were 1,776 shares as of 2017-03-31. New Purchase: Tencent Holdings Ltd (TCEHY) Kimelman & Baird, LLC initiated holdings in Tencent Holdings Ltd. The purchase prices were between $24.45 and $29.56, with an estimated average price of $26.93. The stock is now traded at around $33.72. The impact to the portfolio due to this purchase was 0.04%. The holdings were 8,000 shares as of 2017-03-31. New Purchase: Enbridge Inc (ENB) Kimelman & Baird, LLC initiated holdings in Enbridge Inc. The purchase prices were between $40.31 and $44.37, with an estimated average price of $42.25. The stock is now traded at around $38.99. The impact to the portfolio due to this purchase was 0.03%. The holdings were 4,920 shares as of 2017-03-31. New Purchase: Pfizer Inc (PFE) Kimelman & Baird, LLC initiated holdings in Pfizer Inc. The purchase prices were between $31.15 and $34.63, with an estimated average price of $33.23. The stock is now traded at around $32.35. The impact to the portfolio due to this purchase was 0.03%. The holdings were 5,933 shares as of 2017-03-31. Added: Copart Inc ( CPRT ) Kimelman & Baird, LLC added to the holdings in Copart Inc by 88.06%. The purchase prices were between $27.83 and $31.2, with an estimated average price of $29.42. The stock is now traded at around $29.50. The impact to the portfolio due to this purchase was 2.36%. The holdings were 2,121,964 shares as of 2017-03-31. Added: Visa Inc (V) Kimelman & Baird, LLC added to the holdings in Visa Inc by 2300.91%. The purchase prices were between $79.5 and $90.24, with an estimated average price of $86.02. The stock is now traded at around $92.24. The impact to the portfolio due to this purchase was 1.34%. The holdings were 103,167 shares as of 2017-03-31. Added: Costco Wholesale Corp (COST) Kimelman & Baird, LLC added to the holdings in Costco Wholesale Corp by 103.07%. The purchase prices were between $159.73 and $177.98, with an estimated average price of $167.59. The stock is now traded at around $169.99. The impact to the portfolio due to this purchase was 0.04%. The holdings were 2,906 shares as of 2017-03-31. Added: ConocoPhillips (COP) Kimelman & Baird, LLC added to the holdings in ConocoPhillips by 62.68%. The purchase prices were between $44.1 and $51.22, with an estimated average price of $48.33. The stock is now traded at around $47.29. The impact to the portfolio due to this purchase was 0.03%. The holdings were 11,550 shares as of 2017-03-31. Sold Out: FMC Technologies Inc (FTI) Kimelman & Baird, LLC sold out the holdings in FMC Technologies Inc. The sale prices were between $35.79 and $36.73, with an estimated average price of $36.26. Sold Out: Power Solutions International Inc (PSIX) Kimelman & Baird, LLC sold out the holdings in Power Solutions International Inc. The sale prices were between $2.8 and $10.09, with an estimated average price of $6.2. Sold Out: Regeneron Pharmaceuticals Inc (REGN) Kimelman & Baird, LLC sold out the holdings in Regeneron Pharmaceuticals Inc. The sale prices were between $340.75 and $397.8, with an estimated average price of $370.66. Sold Out: Essex Rental Corp. (ESSX) Kimelman & Baird, LLC sold out the holdings in Essex Rental Corp.. The sale prices were between $0.12 and $0.17, with an estimated average price of $0.15. CPRT 15-Year Financial Data The intrinsic value of CPRT Peter Lynch Chart of CPRT Premium Members This article first appeared on GuruFocus . The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Kimelman & Baird, LLC Buys Copart Inc, TJX Inc, PNC Financial Services Group Inc, Sells FMC ..."", ""First City Capital Management, Inc. Buys Williams Partners LP, Facebook Inc, Ameren Corp, Sells ...""]"
CPRT,2017-05-18,7.2975,7.3875,7.2725,7.335,
CPRT,2017-05-19,7.31,7.3525,7.2225,7.3275,
CPRT,2017-05-22,7.3475,7.44,7.3425,7.425,
CPRT,2017-05-23,7.4625,7.5275,7.4375,7.505,
CPRT,2017-05-24,7.495,7.52,7.4525,7.495,"[""Car Auction Stock In Double Bottom Pattern With Earnings Due"", ""Earnings Scheduled For May 24, 2017"", ""Copart Reports Q3 Adj. EPS $0.37 vs $0.36 Est., Sales $373.9M vs $386.7M Est."", ""Copart Reports Q3 Adj. EPS $0.37 vs $0.36 Est., Sales $373.9M vs $386.7M Est."", ""Earnings Scheduled For May 24, 2017"", ""Car Auction Stock In Double Bottom Pattern With Earnings Due"", ""After-Hours Earnings Report for May 24, 2017 : HPQ, NTAP, PVH, UHAL, CPRT, CSRA, WSM, SPTN, PLUS, PSTG, GES, FSM The following companies are expected to report earnings after hours on 05/24/2017. Visit our Earnings Calendar for a full list of expected earnings releases. HP Inc. ( HPQ ) is reporting for the quarter ending April 30, 2017. The computer company's consensus earnings per share forecast from the 7 analysts that follow the stock is $0.39. This value represents a 4.88% decrease compared to the same quarter last year. In the past year HPQ has met analyst expectations once and beat the expectations the other three quarters. Zacks Investment Research reports that the 2017 Price to Earnings ratio for HPQ is 11.70 vs. an industry ratio of 31.40. NetApp, Inc. ( NTAP ) is reporting for the quarter ending April 30, 2017. The computer storage company's consensus earnings per share forecast from the 10 analysts that follow the stock is $0.68. This value represents a 88.89% increase compared to the same quarter last year. NTAP missed the consensus earnings per share in the 2nd calendar quarter of 2016 by -10%. Zacks Investment Research reports that the 2017 Price to Earnings ratio for NTAP is 18.63 vs. an industry ratio of 8.50, implying that they will have a higher earnings growth than their competitors in the same industry. PVH Corp. ( PVH ) is reporting for the quarter ending April 30, 2017. The textile company's consensus earnings per share forecast from the 9 analysts that follow the stock is $1.61. This value represents a 7.33% increase compared to the same quarter last year. In the past year PVH has beat the expectations every quarter. The highest one was in the 1st calendar quarter where they beat the consensus by 0.82%. Zacks Investment Research reports that the 2018 Price to Earnings ratio for PVH is 13.82 vs. an industry ratio of 0.30, implying that they will have a higher earnings growth than their competitors in the same industry. Amerco ( UHAL ) is reporting for the quarter ending March 31, 2017. The transportation company's consensus earnings per share forecast from the 1 analyst that follows the stock is $1.99. This value represents a 25.75% decrease compared to the same quarter last year. The \""days to cover\"" for this stock exceeds 10 days.The days to cover, as reported in the 4/28/2017 short interest update, increased 149.85% from previous report on 4/13/2017. Zacks Investment Research reports that the 2017 Price to Earnings ratio for UHAL is 17.75 vs. an industry ratio of 7.40, implying that they will have a higher earnings growth than their competitors in the same industry. Copart, Inc. ( CPRT ) is reporting for the quarter ending April 30, 2017. The auction company's consensus earnings per share forecast from the 6 analysts that follow the stock is $0.36. This value represents a 12.50% increase compared to the same quarter last year. In the past year CPRT has met analyst expectations twice and beat the expectations the other two quarters. The \""days to cover\"" for this stock exceeds 17 days. Zacks Investment Research reports that the 2017 Price to Earnings ratio for CPRT is 24.02 vs. an industry ratio of 20.70, implying that they will have a higher earnings growth than their competitors in the same industry. CSRA Inc. ( CSRA ) is reporting for the quarter ending March 31, 2017. The information technology services company's consensus earnings per share forecast from the 4 analysts that follow the stock is $0.46. This value represents a 8.00% decrease compared to the same quarter last year. In the past year CSRA has beat the expectations every quarter. The highest one was in the 4th calendar quarter where they beat the consensus by 6.67%. Zacks Investment Research reports that the 2017 Price to Earnings ratio for CSRA is 14.56 vs. an industry ratio of -27.10, implying that they will have a higher earnings growth than their competitors in the same industry. Williams-Sonoma, Inc. ( WSM ) is reporting for the quarter ending April 30, 2017. The home furnishings company's consensus earnings per share forecast from the 14 analysts that follow the stock is $0.48. This value represents a 9.43% decrease compared to the same quarter last year. In the past year WSM has met analyst expectations once and beat the expectations the other three quarters. Zacks Investment Research reports that the 2018 Price to Earnings ratio for WSM is 13.86 vs. an industry ratio of 17.90. SpartanNash Company ( SPTN ) is reporting for the quarter ending March 31, 2017. The wholesale food company's consensus earnings per share forecast from the 3 analysts that follow the stock is $0.53. This value represents a 1.85% decrease compared to the same quarter last year. In the past year SPTN has met analyst expectations once and beat the expectations the other three quarters. Zacks Investment Research reports that the 2017 Price to Earnings ratio for SPTN is 15.42 vs. an industry ratio of 21.00. ePlus inc. ( PLUS ) is reporting for the quarter ending March 31, 2017. The business software company's consensus earnings per share forecast from the 1 analyst that follows the stock is $0.79. This value represents a 8.22% increase compared to the same quarter last year. In the past year PLUS has beat the expectations every quarter. The highest one was in the 4th calendar quarter where they beat the consensus by 17.28%. Zacks Investment Research reports that the 2017 Price to Earnings ratio for PLUS is 19.77 vs. an industry ratio of 60.40. Pure Storage, Inc. ( PSTG ) is reporting for the quarter ending April 30, 2017. The computer storage company's consensus earnings per share forecast from the 6 analysts that follow the stock is $-0.38. This value represents a 11.76% decrease compared to the same quarter last year. PSTG missed the consensus earnings per share in the 2nd calendar quarter of 2016 by -3.03%. Zacks Investment Research reports that the 2018 Price to Earnings ratio for PSTG is -10.42 vs. an industry ratio of 8.50. Guess?, Inc. ( GES ) is reporting for the quarter ending April 30, 2017. The textile company's consensus earnings per share forecast from the 5 analysts that follow the stock is $-0.31. This value represents a 34.78% decrease compared to the same quarter last year. Zacks Investment Research reports that the 2018 Price to Earnings ratio for GES is 29.59 vs. an industry ratio of 0.30, implying that they will have a higher earnings growth than their competitors in the same industry. Fortuna Silver Mines Inc. ( FSM ) is reporting for the quarter ending March 31, 2017. The mining company's consensus earnings per share forecast from the 1 analyst that follows the stock is $0.06. This value represents a 200.00% increase compared to the same quarter last year. FSM missed the consensus earnings per share in the 3rd calendar quarter of 2016 by -25%. Zacks Investment Research reports that the 2017 Price to Earnings ratio for FSM is 12.86 vs. an industry ratio of 13.20. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Copart Reports Q3 Adj. EPS $0.37 vs $0.36 Est., Sales $373.9M vs $386.7M Est."", ""Earnings Scheduled For May 24, 2017"", ""Car Auction Stock In Double Bottom Pattern With Earnings Due""]"
CPRT,2017-05-25,7.5,7.9175,7.4825,7.8525,"[""Public Employees Retirement System Of Ohio Buys Bank of America Corporation, Momo Inc, Scripps ..."", ""Copart (CPRT) Q3 Earnings Beat, Revenues Miss Estimates"", ""Public Employees Retirement System Of Ohio Buys Bank of America Corporation, Momo Inc, Scripps ..."", ""Copart (CPRT) Q3 Earnings Beat, Revenues Miss Estimates"", ""Copart (CPRT) Q3 Earnings Beat, Revenues Miss Estimates Copart, Inc.CPRT reported adjusted earnings per share of 38 cents in third-quarter fiscal 2017 (ended Apr 30, 2017) and beat the Zacks Consensus Estimate of 36 cents. The figure shows steep growth of 18.75% from 32 cents, recorded in the year-ago quarter. Net income was $90.5 million, reflecting an increase of 21.3%,or $15.9 million, from the third quarter of 2016. Copart's revenues rose 7.7% to $373.9 million from the year-ago quarter but missed the Zacks Consensus Estimate of $386.1 million. Service revenues went up 9.5% to $332.35 million, while revenues from vehicle sales declined 5.1% to $41.52 million. Gross margin improved 9.4% to $172.5 million in the reported quarter from $157.6 million, a year ago. Operating expenses also increased to $237.1 million from $225.3 million, recorded in the year-ago quarter. Operating income shot up to $136.8 million from $121.9 million, reported the year-ago. Copart, Inc. Price, Consensus and EPS Surprise Copart, Inc. Price, Consensus and EPS Surprise | Copart, Inc. Quote Financial Details Copart had cash and cash equivalents of $189.6 million as of Apr 30, 2017 compared with $155.8 million as of Jul 31, 2016. Total debt and capital lease obligations declined to $550.8 million as of Apr 30, 2017 compared with $564.3 million as of Jul 31, 2016. In the first nine months of fiscal 2017, Copart generated net cash flow of $347.8 million from operations, compared with $208.3 million, a year ago. Price Performance Copart outperformed the Zacks categorized Auction and Valuation Services industry in the last three months. While the stock gained 0.77%, the industry saw declined 0.60%. Share price gained from geographic expansion and repurchases. Zacks Rank & Key Picks Copart currently carries a Zacks Rank #3 (Hold). Better-ranked companies in the auto space include Sotheby's BID , Adient PLC ADNT and BorgWarner Inc. BWA , each carrying a Zacks Rank #2 (Buy). You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here. Expected long-term growth rate for Sotheby's, Adient and BorgWarner are 15%, 10.64% and 8.69%, respectively. Looking for Stocks with Skyrocketing Upside? Zacks has just released a Special Report on the booming investment opportunities of legal marijuana. Ignited by new referendums and legislation, this industry is expected to blast from an already robust $6.7 billion to $20.2 billion in 2021. Early investors stand to make a killing, but you have to be ready to act and know just where to look. See the pot trades we're targeting>> Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report BorgWarner Inc. (BWA): Free Stock Analysis Report Adient PLC (ADNT): Free Stock Analysis Report Sotheby's (BID): Free Stock Analysis Report Copart, Inc. (CPRT): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Public Employees Retirement System Of Ohio Buys Bank of America Corporation, Momo Inc, Scripps ..."", ""Copart (CPRT) Q3 Earnings Beat, Revenues Miss Estimates""]"
CPRT,2017-05-26,7.845,7.9,7.7475,7.7625,"[""Group 1 Automotive, Inc. (GPI) Ex-Dividend Date Scheduled for May 30, 2017 Group 1 Automotive, Inc. ( GPI ) will begin trading ex-dividend on May 30, 2017. A cash dividend payment of $0.24 per share is scheduled to be paid on June 15, 2017. Shareholders who purchased GPI prior to the ex-dividend date are eligible for the cash dividend payment. This represents an 4.35% increase over prior dividend payment. At the current stock price of $60.74, the dividend yield is 1.58%. The previous trading day's last sale of GPI was $60.74, representing a -26.98% decrease from the 52 week high of $83.18 and a 28.4% increase over the 52 week low of $47.31. GPI is a part of the Consumer Durables sector, which includes companies such as Copart, Inc. ( CPRT ) and Genuine Parts Company ( GPC ). GPI's current earnings per share, an indicator of a company's profitability, is $6.79. Zacks Investment Research reports GPI's forecasted earnings growth in 2017 as .13%, compared to an industry average of 10.8%. For more information on the declaration, record and payment dates, visit the GPI Dividend History page. Our Dividend Calendar has the full list of stocks that have an ex-dividend today. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Cooper Tire & Rubber Company (CTB) Ex-Dividend Date Scheduled for May 30, 2017 Cooper Tire & Rubber Company ( CTB ) will begin trading ex-dividend on May 30, 2017. A cash dividend payment of $0.105 per share is scheduled to be paid on June 30, 2017. Shareholders who purchased CTB prior to the ex-dividend date are eligible for the cash dividend payment. This marks the 16th quarter that CTB has paid the same dividend. At the current stock price of $36.2, the dividend yield is 1.16%. The previous trading day's last sale of CTB was $36.2, representing a -18.65% decrease from the 52 week high of $44.50 and a 23.59% increase over the 52 week low of $29.29. CTB is a part of the Consumer Durables sector, which includes companies such as Copart, Inc. ( CPRT ) and Genuine Parts Company ( GPC ). CTB's current earnings per share, an indicator of a company's profitability, is $4.02. Zacks Investment Research reports CTB's forecasted earnings growth in 2017 as -24.25%, compared to an industry average of -9.9%. For more information on the declaration, record and payment dates, visit the CTB Dividend History page. Our Dividend Calendar has the full list of stocks that have an ex-dividend today. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Copart Reports Record Performance in Third Quarter 2017 Copart (NASDAQ: CPRT) , the online automotive auction services company, saw \""record financial performance\"" across its unit volumes, revenue, gross profit, and operating income in the third quarter of its fiscal 2017. Copart results: The raw numbers Data source: Copart. What happened with Copart this quarter? Copart's strong performance in the quarter stemmed from its increase in global unit sales: Copart experienced global revenue growth of 7.7% year over year, which included foreign currency headwinds due to a weaker British pound. Global unit sales growth reached 8.6% year over year, with the U.S. market up 8.7% and international unit growth up 8.5%. Gross profit came in at $172.5 million, up from $157.6 million in fiscal 2016's third quarter, and gross margins grew to 46.1%. Scrap prices were up by more than 45%, to $183, in the quarter. Service revenue grew 9.5% year over year, and the company's global inventory jumped by 7.9%. Earnings before interest and taxes (EBIT) was up 12.2%, to $136.8 million. GAAP net income hit $90.5 million, up 21.3% year over year. Operating cash flow rose to $192.2 million in the third quarter, up from $124.4 million a year ago, primarily from increased earnings and \""a larger release of working capital due to higher sales.\"" Average selling prices (ASPs) grew modestly in the quarter by about 4% year over year, mainly from rising ASPs from Copart's sellers. What management had to say Copart's executive vice president of operations and shared services, William E. Franklin, said on the earnings call that sales in the U.S. were up by 8.7% year over year, \""driven by organic growth and market wins in the salvage market as well as continued growth in our nonsalvage business.\"". Franklin noted that Copart's average quarterly volume growth has been more than 12% since the first quarter of fiscal 2015, and that the company sees \""industry dynamics that support continued growth.\"" The company experienced solid international growth as well, and noted that in the third quarter nearly 20% of its unit sales came from international buyers. Franklin also mentioned that the company opened six new automotive yards in the quarter, including a new one in the U.K. He mentioned that the company plans to continue its yard expansion as well. \""Our expansion activity will continue, as we believe industry trends will drive future volume growth,\"" Franklin said. Looking ahead Copart keeps its cards close to the chest when it comes to forward guidance, and the company's CFO, Jeffrey Liaw, said on the third-quarter call, \""We don't typically provide forward guidance, and we'll continue to adhere to that general policy.\"" Management did say, though, that it expects unit volumes to continue to increase and \""maybe even accelerat[e]\"" in the future, so investors should expect the company to continue adding more yards over the next 24 months to keep up with increasing demand. Even with Copart's solid third-quarter results, Liaw cautioned that investors should continue to take a long-term view of the company: \""The business continues to grow including with new account wins. But I think tracking any individual quarter and overanalyzing I think will lead you astray.\"" 10 stocks we like better than Copart When investing geniuses David and Tom Gardner have a stock tip, it can pay to listen. After all, the newsletter they have run for over a decade, Motley Fool Stock Advisor , has tripled the market.* David and Tom just revealed what they believe are the 10 best stocks for investors to buy right now... and Copart wasn't one of them! That's right -- they think these 10 stocks are even better buys. Click here to learn about these picks! *Stock Advisor returns as of May 1, 2017 Chris Neiger has no position in any stocks mentioned. The Motley Fool recommends Copart. The Motley Fool has a disclosure policy . The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.""]"
CPRT,2017-05-30,7.775,7.86,7.72,7.7225,
CPRT,2017-05-31,7.755,7.82,7.6425,7.7975,
CPRT,2017-06-01,7.84,7.9475,7.835,7.9475,
CPRT,2017-06-02,7.9475,8.0,7.865,7.93,"[""Copart (CPRT) Expands Location in Eight Mile, Alabama"", ""Copart Drops to Low on Volume"", ""Copart Drops to Low on Volume"", ""Copart (CPRT) Expands Location in Eight Mile, Alabama"", ""Copart (CPRT) Expands Location in Eight Mile, Alabama Copart Inc. CPRT has announced another new location in Eight Mile, AL, near Mobile. The expansion marks the sixth expansion and ninth new Copart location of 2017. This Eight Mile location expansion increases storage capacity for salvage and clean title vehicles, which are sold through weekly online auctions. Online car bidding for the Eight Mile location will be held every Monday at noon CT. The auction is accessible via computers, tablets, other mobile devices and bidding kiosks, available at each company location. Besides holding online vehicle auctions, Copart is also a community partner. In 2016, the Tanner, Alabama location provided a safe training environment for new recruits of the Decatur, Alabama fire department. Local fire departments, law enforcement and similar government agencies are encouraged to contact the general manager of any company location to learn about conducting training at Copart. Copart's top-line performance has started improving after witnessing weakness for few years due to lower revenues from vehicle sales. Total revenues in the first nine months of fiscal 2017 increased 14.3%. Also in fiscal 2016, total revenues climbed 10.7% year over year to $1.27 billion, driven by a 12.1% increase in service revenues and a 2.1% rise in revenues from vehicle sales. The company has been expanding its network of facilities to manage the rising volumes. It is also widening its base in several new markets. Apart from the U.S., it has also been focusing on expanding in the Middle East over last few years. On the flip side, due to its existence at various international markets, the company is facing foreign currency headwinds. In third-quarter fiscal 2017 (ended Apr 30, 2017), foreign currency fluctuations led to an unfavorable effect of $7.4 million on revenues, chiefly due to weakening of the British pound. Copart is also incurring higher selling, general and administrative (\""SGA\"") expenses that rose over $8 million year over year in first nine months of fiscal 2017. Price Performance Copart's shares have outperformed the Zacks categorized Auction and Valuation Services industry in last three months. The stock gained 5.7% compared to industry's increase of 2.1%. Zacks Rank & Key Picks Copart currently carries a Zacks Rank #3 (Hold). Copart, Inc. Price and Consensus Copart, Inc. Price and Consensus | Copart, Inc. Quote Better-ranked companies in auto space include Adient PLC ADNT , BorgWarner Inc. BWA and Lear Corp. LEA . All three hold a Zacks Rank #2 (Buy). You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here. Expected long-term growth rate for Adient, BorgWarner and Lear are 10.6%, 8.7% and 7.1%, respectively. Will You Make a Fortune on the Shift to Electric Cars? Here's another stock idea to consider. Much like petroleum 150 years ago, lithium power may soon shake the world, creating millionaires and reshaping geo-politics. Soon electric vehicles (EVs) may be cheaper than gas guzzlers. Some are already reaching 265 miles on a single charge. With battery prices plummeting and charging stations set to multiply, one company stands out as the #1 stock to buy according to Zacks research. It's not the one you think. See This Ticker Free >> Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report BorgWarner Inc. (BWA): Free Stock Analysis Report Lear Corporation (LEA): Free Stock Analysis Report Adient PLC (ADNT): Free Stock Analysis Report Copart, Inc. (CPRT): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Copart Drops to Low on Volume"", ""Copart (CPRT) Expands Location in Eight Mile, Alabama"", ""Market-beating money managers offer tips on where to put your money now With a fully valued U.S. market, look at defense names or companies in other countries With a fully valued U.S. market, look at defense names or companies in other countries.""]"
CPRT,2017-06-05,7.91,7.935,7.8225,7.8225,
CPRT,2017-06-06,7.7825,7.81,7.74,7.745,
CPRT,2017-06-07,7.775,7.8375,7.7225,7.79,
CPRT,2017-06-08,7.81,7.845,7.76,7.7675,
CPRT,2017-06-09,7.7725,7.85,7.76125,7.8375,
CPRT,2017-06-12,7.825,7.90125,7.79,7.86,
CPRT,2017-06-13,7.895,7.92,7.85,7.8925,"[""Copart Acquires National Powersport Auctions; Terms Not Disclosed"", ""Copart (CPRT) Boosts Capabilities with Cycle Express Buyout"", ""Copart Acquires National Powersport Auctions; Terms Not Disclosed"", ""Copart (CPRT) Boosts Capabilities with Cycle Express Buyout Copart Inc.CPRT has acquired Cycle Express, LLC, which is currently doing business as National Powersport Auctions (\""NPA\""). The financial terms of the transaction were not divulged. NPA is into auctioning of pre-owned powersport vehicles on behalf of financing companies, dealers and manufacturers. The entity is a leading player in the powersports auction industry. It currently operates across Atlanta, Cincinnati, Dallas, Philadelphia and San Diego. Per management of Copart, the acquisition will bring along the expertise of NPA team members and enhance the company's capabilities. Copart provides online auction and a wide range of remarketing services to process and sell; salvage and clean title vehicles. This is done mainly over the Internet, through Virtual Bidding Third Generation (VB3) Internet auction-style sales technology. The company is already expanding network of facilities to manage the increasing volumes. Further, it is widening its base in several new markets. Earlier this month, Copart announced another new location in Eight Mile, AL, near Mobile. In Mar 2017, the company announced new locations across California, Utah and Florida. In February this year, it announced expansion of location at San Jose, CA as well as floating new locations, each in Illinois, U.S. and Newbury, UK. Earlier, in Jan 2017, the company had declared to throw open the gates of new sites in Florida, Wyoming and Colorado besides extending hubs at San Diego, Chicago North and Springfield, MO. Price Performance Copart's shares have outperformed the Zacks categorized Auction and Valuation Services industry in last one month. The stock gained 4.9% compared with the industry's 3.6% increase. Zacks Rank & Key Picks Copart currently carries a Zacks Rank #3 (Hold). Copart, Inc. Price and Consensus Copart, Inc. Price and Consensus | Copart, Inc. Quote Better-ranked companies in auto space include Allison Transmission Holdings Inc. ALSN , Dana Incorporated DAN and Ferrari N.V. RACE . All three sport a Zacks Rank #1 (Strong Buy). You can see the complete list of today's Zacks #1 Rank stocks here . Expected long-term growth rates for Allison Transmission, Dana and Ferrari are 11%, 3% and 14.1%, respectively. Zacks' 2017 IPO Watch List Before looking into the stocks mentioned above, you may want to get a head start on potential tech IPOs that are popping up on Zacks' radar. Imagine being in the first wave of investors to jump on a company with almost unlimited growth potential? This Special Report gives you the current scoop on 5 that may go public at any time. One has driven from 0 to a $68 billion valuation in 8 years. Four others are a little less obvious but already show jaw-dropping growth. Download this IPO Watch List today for free >> Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Allison Transmission Holdings, Inc. (ALSN): Free Stock Analysis Report Dana Incorporated (DAN): Free Stock Analysis Report Ferrari N.V. (RACE): Free Stock Analysis Report Copart, Inc. (CPRT): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Copart (CPRT) Boosts Capabilities with Cycle Express Buyout"", ""Copart Acquires National Powersport Auctions; Terms Not Disclosed""]"
CPRT,2017-06-14,7.91,7.94,7.835,7.875,
CPRT,2017-06-15,7.795,7.8725,7.775,7.8625,"[""Copart (CPRT) Expands Location in Eight Mile, Alabama (Revised)"", ""Copart (CPRT) Expands Location in Eight Mile, Alabama (Revised)"", ""Copart (CPRT) Expands Location in Eight Mile, Alabama (Revised) Copart Inc.CPRT has announced the expansion of its location in Eight Mile, AL, near Mobile. This is the sixth expansion and the ninth new location for Copart announced in 2017. This Eight Mile location expansion increases storage capacity for salvage and clean title vehicles, which are sold through weekly online auctions. Online car bidding for the Eight Mile location will be held every Monday at noon CT. The auction is accessible via computers, tablets, other mobile devices and bidding kiosks, available at each company location. Besides holding online vehicle auctions, Copart is also a community partner. In 2016, the Tanner, Alabama location provided a safe training environment for new recruits of the Decatur, Alabama fire department. Local fire departments, law enforcement and similar government agencies are encouraged to contact the general manager of any company location to learn about conducting training at Copart. Copart's top-line performance has started improving after witnessing weakness for few years due to lower revenues from vehicle sales. Total revenues in the first nine months of fiscal 2017 increased 14.3%. Also in fiscal 2016, total revenues climbed 10.7% year over year to $1.27 billion, driven by a 12.1% increase in service revenues and a 2.1% rise in revenues from vehicle sales. The company has been expanding its network of facilities to manage the rising volumes. It is also widening its base in several new markets. Apart from the U.S., it has also been focusing on expanding in the Middle East over last few years. On the flip side, due to its existence at various international markets, the company is facing foreign currency headwinds. In third-quarter fiscal 2017 (ended Apr 30, 2017), foreign currency fluctuations led to an unfavorable effect of $7.4 million on revenues, chiefly due to weakening of the British pound. Copart is also incurring higher selling, general and administrative (SGA) expenses that rose over $8 million year over year in first nine months of fiscal 2017. Price Performance Copart's shares have outperformed the Zacks categorized Auction and Valuation Services industry in last one month. The stock gained 5.1% compared to industry's increase of 4.5%. Zacks Rank & Key Picks Copart currently carries a Zacks Rank #3 (Hold). Copart, Inc. Price and Consensus Copart, Inc. Price and Consensus | Copart, Inc. Quote Better-ranked companies in auto space include Allison Transmission Holdings Inc. ALSN , Dana Incorporated DAN and Ferrari N.V. RACE . All three sport a Zacks Rank #1 (Strong Buy). You can see the complete list of today's Zacks #1 Rank stocks here . Expected long-term growth rate for Allison Transmission, Dana and Ferrari are 11%, 3% and 14.1%, respectively. 3 Stocks to Ride a 588% Revenue Explosion At Zacks, we're mostly focused on short-term profit cycles, but the hottest of all technology mega-trends is starting to take hold... By last year, it was already generating $8 billion in global revenues. By 2020, it's predicted to blast through the roof to $47 billion. Famed investor Mark Cuban says it will produce \""the world's first trillionaires,\"" but that should still leave plenty of money for those who make the right trades early. See Zacks' Top 3 Stocks to Ride This Space >> (We are reissuing this article to correct a mistake. The original article, issued on Jun 2, 2017, should no longer be relied upon.) Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Allison Transmission Holdings, Inc. (ALSN): Free Stock Analysis Report Dana Incorporated (DAN): Free Stock Analysis Report Ferrari N.V. (RACE): Free Stock Analysis Report Copart, Inc. (CPRT): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Copart (CPRT) Expands Location in Eight Mile, Alabama (Revised)""]"
CPRT,2017-06-16,7.8575,7.87375,7.785,7.81,
CPRT,2017-06-19,7.86,7.945,7.82,7.895,
CPRT,2017-06-20,7.8825,7.8825,7.77,7.795,
CPRT,2017-06-21,7.825,7.825,7.7125,7.7475,
CPRT,2017-06-22,7.7475,7.835,7.70875,7.8175,
CPRT,2017-06-23,7.8175,7.8925,7.805,7.885,
CPRT,2017-06-26,7.885,7.89625,7.85,7.8625,
CPRT,2017-06-27,7.865,7.895,7.815,7.82,
CPRT,2017-06-28,7.86,7.93,7.78,7.8775,
CPRT,2017-06-29,7.88,7.91,7.76,7.8525,
CPRT,2017-06-30,7.88,7.995,7.88,7.9475,
CPRT,2017-07-03,7.9725,8.0425,7.9525,7.9525,
CPRT,2017-07-05,7.94,7.995,7.9025,7.9075,
CPRT,2017-07-06,7.8525,7.8575,7.5775,7.6075,
CPRT,2017-07-07,7.63,7.78625,7.575,7.7425,
CPRT,2017-07-10,7.735,7.7575,7.655,7.7075,
CPRT,2017-07-11,7.725,7.785,7.6619,7.7725,
CPRT,2017-07-12,7.8125,7.875,7.7625,7.8,
CPRT,2017-07-13,7.7875,7.8125,7.69,7.7975,
CPRT,2017-07-14,7.8075,7.8125,7.76,7.7725,"[""Copart: Auto and Service Business Keeps Growing"", ""Copart: Auto and Service Business Keeps Growing"", ""Copart: Auto and Service Business Keeps Growing""]"
CPRT,2017-07-17,7.7675,7.81205,7.7375,7.78,
CPRT,2017-07-18,7.75,7.79,7.7225,7.7775,
CPRT,2017-07-19,7.735,7.8625,7.735,7.8525,"[""Georgia Bennicas Dba Bennicas & Associates Buys Medical Marijuana Inc, Sells Copart Inc"", ""Georgia Bennicas Dba Bennicas & Associates Buys Medical Marijuana Inc, Sells Copart Inc"", ""Copart on Firmer Footing With Candia-West Warren Expansion Copart Inc.CPRT has announced the extension of its sites at Candia, NH and West Warren, MA. These locations hold online car auctions, available through tablets, computers and various mobile devices. Also, bidding kiosks are present at these hubs. Daytime online auctions in Candia are held at 10 a.m. ET, every Tuesday, while West Warren's at the same time, every Wednesday. The company also hosts evening auctions, known as \""Night Cap Sales\"", continuing from each Monday to Thursday. Inventories of both the locations are exhibited in the Eastern Region auctions held at 9 p.m. ET. Addresses for Candia and West Warren are 134 Raymond Road and 600 Old West Warren Road, respectively. Per Jay Adair, CEO, Copart, this new development will enable the company to offer better services to its customers. Copart currently focuses on expanding its network of facilities to manage increasing volumes. Thriving on its business, it is also emerging into several other new markets. In Jun 2017, the company extended its location in Mobile, AL. Previously in Mar 2017, the company announced new locations at California, Utah and Florida. Apart from the U.S., it has been focusing on branching in the Middle East over the last few years. Price Performance Copart's shares have outperformed the Zacks categorized Auction and Valuation Services industry in the last six months. The stock has increased 9.2% compared with the industry's gain of 7.4%. Zacks Rank & Key Picks Copart currently carries a Zacks Rank #3 (Hold). Copart, Inc. Price and Consensus Copart, Inc. Price and Consensus | Copart, Inc. Quote Some better-ranked companies in the auto space include Allison Transmission Holdings Inc. ALSN , Volkswagen AG VLKAY and Daimler AG DDAIF , each sporting a Zacks Rank #1 (Strong Buy). You can see the complete list of today's Zacks #1 Rank stocks here . Expected long-term growth rate for Allison Transmission, Volkswagen and Daimler are 11%, 17.5% and 2.8%, respectively. Looking for Stocks with Skyrocketing Upside? Zacks has just released a Special Report on the booming investment opportunities of legal marijuana. Ignited by new referendums and legislation, this industry is expected to blast from an already robust $6.7 billion to $20.2 billion in 2021. Early investors stand to make a killing, but you have to be ready to act and know just where to look. See the pot trades we're targeting>> Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Daimler AG (DDAIF): Free Stock Analysis Report Volkswagen AG (VLKAY): Free Stock Analysis Report Allison Transmission Holdings, Inc. (ALSN): Free Stock Analysis Report Copart, Inc. (CPRT): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Georgia Bennicas Dba Bennicas & Associates Buys Medical Marijuana Inc, Sells Copart Inc""]"
CPRT,2017-07-20,7.875,7.9175,7.845,7.8775,
CPRT,2017-07-21,7.9375,7.95,7.8525,7.8875,
CPRT,2017-07-24,7.8875,7.97,7.8725,7.9525,
CPRT,2017-07-25,7.96,8.0175,7.92,7.9725,
CPRT,2017-07-26,7.9875,7.99,7.915,7.93,
CPRT,2017-07-27,7.92,7.985,7.9025,7.97,
CPRT,2017-07-28,7.9525,7.9925,7.92,7.985,
CPRT,2017-07-31,7.9975,8.0,7.8675,7.8725,"[""Weybosset Research & Management Llc Buys Keysight Technologies Inc, FMC Corp, New York ..."", ""Weybosset Research & Management Llc Buys Keysight Technologies Inc, FMC Corp, New York ..."", ""Weybosset Research & Management Llc Buys Keysight Technologies Inc, FMC Corp, New York ...""]"
CPRT,2017-08-01,7.9,7.925,7.8575,7.9125,
CPRT,2017-08-02,7.8925,7.895,7.785,7.80875,
CPRT,2017-08-03,7.7975,7.85,7.7375,7.75125,
CPRT,2017-08-04,7.7575,7.8375,7.6775,7.825,
CPRT,2017-08-07,7.835,7.84,7.7525,7.77,"[""IBD Rating Upgrades: Copart Shows Improved Relative Price Strength"", ""IBD Rating Upgrades: Copart Shows Improved Relative Price Strength"", ""IBD Rating Upgrades: Copart Shows Improved Relative Price Strength""]"
CPRT,2017-08-08,7.7825,7.795,7.6675,7.675,
CPRT,2017-08-09,7.655,7.87,7.615,7.8625,
CPRT,2017-08-10,7.8825,7.8825,7.77,7.7925,"[""Stocks With Rising Relative Strength: Copart"", ""Stocks With Rising Relative Strength: Copart"", ""Stocks With Rising Relative Strength: Copart""]"
CPRT,2017-08-11,7.7975,7.8125,7.7175,7.7675,
CPRT,2017-08-14,7.815,7.9575,7.8,7.9525,
CPRT,2017-08-15,7.955,8.0325,7.92,8.01875,
CPRT,2017-08-16,8.0225,8.0875,7.995,8.0575,
CPRT,2017-08-17,8.035,8.1075,8.0025,8.0025,
CPRT,2017-08-18,7.9875,8.025,7.91,7.97,
CPRT,2017-08-21,7.9575,7.98375,7.885,7.975,
CPRT,2017-08-22,7.96,8.04,7.9275,8.0325,
CPRT,2017-08-23,8.005,8.0275,7.94125,7.9475,
CPRT,2017-08-24,7.985,8.0175,7.9275,7.945,
CPRT,2017-08-25,7.9925,8.0175,7.9075,7.9275,"Copart (CPRT) Expands Conway-Prairie Grove Sites at Arkansas Copart Inc.CPRT announced the expansion of two locations in Arkansas. One is situated at Conway, near Little Rock, while the other at Prairie Grove, near Fayetteville. Per Jay Adair, CEO, Copart, the expansion will enable the company utilize existing operations to store and sell more vehicles. The hub of Conway, AR is located at 703 Main Street. Its online auctions are held at 12 pm CT, every Monday. Whereas, the online auctions of Prairie Grove, AR are held at the same time, every Wednesday. Its address is 5976 Bill Campbell Road. Copart, Inc. Price and Consensus Copart, Inc. Price and Consensus | Copart, Inc. Quote The combined salvage and clean title vehicles of both the locations at AR is 1000 and all are up for bid. Prior to this, the company announced expansion of sites at Candia, NH and West Warren, MA in July. (Read more: Copart on Firmer Footing With Candia-West Warren Expansion ). Copart currently expands network of facilities to manage increasing volumes. It is also exploring several new markets. In March, the company announced new locations at California, Utah and Florida. Earlier in February, the online vehicle auction provider publicized about extension plans at San Jose, CA as well as informed of opening a new one both at Illinois and Newbury, UK. Price Performance Copart's shares have gained 6.8% in the last six months, outperforming the 3.8% increase of the industry it belongs to. Zacks Rank & Key Picks Copart currently carries a Zacks Rank #4 (Sell). A few better-ranked automobile stocks are Allison Transmission Holdings Inc, ALSN , Ferrari N.V. RACE and Volkswagen AG VLKAY , all currently sporting a Zacks Rank #1 (Strong Buy). You can see the complete list of today's Zacks #1 Rank stocks here . Allison Transmission has a long-term growth rate of 11%. Ferrari has an expected long-term earnings growth rate of 14.1%. Volkswagen has a long-term growth rate of 8.9%. 4 Surprising Tech Stocks to Keep an Eye on Tech stocks have been a major force behind the market's record highs, but picking the best ones to buy can be tough. There's a simple way to invest in the success of the entire sector. Zacks has just released a Special Report revealing one thing tech companies literally cannot function without. More importantly, it reveals 4 top stocks set to skyrocket on increasing demand for these devices. I encourage you to get the report now - before the next wave of innovations really takes off. See Stocks Now>> Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Volkswagen AG (VLKAY): Free Stock Analysis Report Allison Transmission Holdings, Inc. (ALSN): Free Stock Analysis Report Ferrari N.V. (RACE): Free Stock Analysis Report Copart, Inc. (CPRT): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
CPRT,2017-08-28,7.965,7.9925,7.8425,7.8475,
CPRT,2017-08-29,7.8325,7.92,7.785,7.8625,
CPRT,2017-08-30,7.88,8.02,7.875,7.97,
CPRT,2017-08-31,7.9975,8.195,7.975,8.1725,
CPRT,2017-09-01,8.2075,8.275,8.15,8.16,
CPRT,2017-09-05,8.155,8.2025,8.0725,8.1225,
CPRT,2017-09-06,8.1325,8.17,8.0975,8.1,
CPRT,2017-09-07,8.0975,8.1025,8.0225,8.0325,
CPRT,2017-09-08,8.0275,8.0925,7.9525,8.0875,
CPRT,2017-09-11,8.1775,8.2,8.1025,8.15,
CPRT,2017-09-12,8.1775,8.1915,7.9725,8.0925,
CPRT,2017-09-13,8.065,8.2525,8.035,8.2,
CPRT,2017-09-14,8.205,8.205,8.0975,8.115,
CPRT,2017-09-15,8.0975,8.1675,8.0975,8.13,
CPRT,2017-09-18,8.1575,8.27,8.155,8.215,
CPRT,2017-09-19,8.21,8.24475,8.0675,8.135,"[""Earnings Scheduled For September 19, 2017"", ""Copart Reports Q4 Adj Earnings $0.35 vs $0.29 Est; Revenue $378.6M vs $357.17M Est"", ""Copart Reports Q4 Adj Earnings $0.35 vs $0.29 Est; Revenue $378.6M vs $357.17M Est"", ""Earnings Scheduled For September 19, 2017"", ""After-Hours Earnings Report for September 19, 2017 : ADBE, FDX, CPRT, BBBY, AIR, ALOG, DMPI The following companies are expected to report earnings after hours on 09/19/2017. Visit our Earnings Calendar for a full list of expected earnings releases. Adobe Systems Incorporated ( ADBE ) is reporting for the quarter ending August 31, 2017. The computer software company's consensus earnings per share forecast from the 8 analysts that follow the stock is $0.82. This value represents a 36.67% increase compared to the same quarter last year. In the past year ADBE has beat the expectations every quarter. The highest one was in the 2nd calendar quarter where they beat the consensus by 5.19%. Zacks Investment Research reports that the 2017 Price to Earnings ratio for ADBE is 47.20 vs. an industry ratio of 46.70, implying that they will have a higher earnings growth than their competitors in the same industry. FedEx Corporation ( FDX ) is reporting for the quarter ending August 31, 2017. The transportation company's consensus earnings per share forecast from the 10 analysts that follow the stock is $3.17. This value represents a 9.31% increase compared to the same quarter last year. Zacks Investment Research reports that the 2018 Price to Earnings ratio for FDX is 15.78 vs. an industry ratio of 23.20. Copart, Inc. ( CPRT ) is reporting for the quarter ending July 31, 2017. The auction company's consensus earnings per share forecast from the 6 analysts that follow the stock is $0.31. This value represents a 6.90% increase compared to the same quarter last year. In the past year CPRT has met analyst expectations twice and beat the expectations the other two quarters. Zacks Investment Research reports that the 2017 Price to Earnings ratio for CPRT is 26.08 vs. an industry ratio of 21.60, implying that they will have a higher earnings growth than their competitors in the same industry. Bed Bath & Beyond Inc. ( BBBY ) is reporting for the quarter ending August 31, 2017. The retail company's consensus earnings per share forecast from the 12 analysts that follow the stock is $0.95. This value represents a 14.41% decrease compared to the same quarter last year. Zacks Investment Research reports that the 2018 Price to Earnings ratio for BBBY is 6.79 vs. an industry ratio of 19.00. AAR Corp. ( AIR ) is reporting for the quarter ending August 31, 2017. The aerospace and defense company's consensus earnings per share forecast from the 3 analysts that follow the stock is $0.31. This value represents a 6.90% increase compared to the same quarter last year. In the past year AIR has met analyst expectations once and beat the expectations the other two quarters. Zacks Investment Research reports that the 2018 Price to Earnings ratio for AIR is 20.19 vs. an industry ratio of 64.60. Analogic Corporation ( ALOG ) is reporting for the quarter ending July 31, 2017. The computer paraphernalia company's consensus earnings per share forecast from the 1 analyst that follows the stock is $0.59. This value represents a 36.56% decrease compared to the same quarter last year. In the past year ALOG Zacks Investment Research reports that the 2017 Price to Earnings ratio for ALOG is 29.96 vs. an industry ratio of 34.00. DelMar Pharmaceuticals, Inc. ( DMPI ) is reporting for the quarter ending June 30, 2017. The drug company's consensus earnings per share forecast from the 2 analysts that follow the stock is $-0.19. This value represents a 11.76% decrease compared to the same quarter last year. DMPI missed the consensus earnings per share in the 3rd calendar quarter of 2016 by -53.33%. Zacks Investment Research reports that the 2017 Price to Earnings ratio for DMPI is -1.31 vs. an industry ratio of -3.00, implying that they will have a higher earnings growth than their competitors in the same industry. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Copart Reports Q4 Adj Earnings $0.35 vs $0.29 Est; Revenue $378.6M vs $357.17M Est"", ""Earnings Scheduled For September 19, 2017""]"
CPRT,2017-09-20,8.6725,8.7125,8.325,8.465,"[""Copart (CPRT) Q4 Earnings & Revenues Beat Estimates, Up Y/Y"", ""7 Stocks To Watch For September 20, 2017"", ""15 Biggest Mid-Day Gainers For Wednesday"", ""15 Biggest Mid-Day Gainers For Wednesday"", ""7 Stocks To Watch For September 20, 2017"", ""Copart (CPRT) Q4 Earnings & Revenues Beat Estimates, Up Y/Y"", ""Copart (CPRT) Q4 Earnings & Revenues Beat Estimates, Up Y/Y Copart, Inc.CPRT reported adjusted earnings per share of 35 cents in fourth-quarter fiscal 2017 (ended Jul 31, 2017) and beat the Zacks Consensus Estimate of 31 cents. The figure shows a steep rise of 20.7% from 29 cents recorded in the year-ago quarter. Net income was $70.3 million, reflecting a decrease of 16.4% or $13.8 million from the fourth quarter of fiscal 2016. Copart's revenues rose 13.8% to $378.6 million from the year-ago quarter and surpassed the Zacks Consensus Estimate of $355.5 million. Service revenues went up 16.3% to $336.8 million, while revenues from vehicle sales declined 3.2% to $41.8 million. Copart, Inc. Price, Consensus and EPS Surprise Copart, Inc. Price, Consensus and EPS Surprise | Copart, Inc. Quote Gross margin improved 18.4% to $167.5 million in the reported quarter from $141.5 million, a year ago. Operating expenses also increased to $267.8 million from $226.5 million, recorded in the year-ago quarter. Operating income shot up to $110.8 million from $106.2 million, reported a year ago. Fiscal 2017 Results Copart reported a rise in EPS to $1.66 for fiscal 2017 from $1.11 in the previous year. The figure also exceeded the Zacks Consensus Estimate of $1.26. Annual revenues increased 14.2% year over year to $1.4 billion, almost in line with the Zacks Consensus Estimate. Financial Details Copart had cash and cash equivalents of $210.1 million as of Jul 31, 2017 compared with $155.8 million as of Jul 31, 2016. Total debt, revolving loan facility and capital lease obligations declined to $550.8 million as of Jul 31, 2017 compared with $564.3 million as of Jul 31, 2016. In fiscal 2017, Copart generated net cash flow of $492.2 million from operations compared with $332.5 million a year ago. Price Performance Copart has lost 17.5% of its value year to date versus the 6.4% growth of its industry . Zacks Rank & Key Picks Copart currently carries a Zacks Rank #3 (Hold). Some better-ranked companies in the auto space are Allison Transmission Holdings Inc. ALSN , Toyota Motor Corporation TM and BMW AG BAMXF , each sporting a Zacks Rank #1 (Strong Buy). You can see the complete list of today's Zacks #1 Rank stocks here . Expected long-term growth rate for Allison Transmission, Toyota and BMW are 10%, 7% and 4.2%, respectively. More Stock News: This Is Bigger than the iPhone! It could become the mother of all technological revolutions. Apple sold a mere 1 billion iPhones in 10 years but a new breakthrough is expected to generate more than 27 billion devices in just 3 years, creating a $1.7 trillion market. Zacks has just released a Special Report that spotlights this fast-emerging phenomenon and 6 tickers for taking advantage of it. If you don't buy now, you may kick yourself in 2020. Click here for the 6 trades >> Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Toyota Motor Corp Ltd Ord (TM): Free Stock Analysis Report Bayerische Motoren Werke AG (BAMXF): Free Stock Analysis Report Allison Transmission Holdings, Inc. (ALSN): Free Stock Analysis Report Copart, Inc. (CPRT): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""15 Biggest Mid-Day Gainers For Wednesday"", ""7 Stocks To Watch For September 20, 2017"", ""Copart (CPRT) Q4 Earnings & Revenues Beat Estimates, Up Y/Y""]"
CPRT,2017-09-21,8.4825,8.5525,8.42,8.45,"[""IBD Rating Upgrades: Copart Shows Improved Technical Strength"", ""Auto Stock Roundup: Recalls Continue, Ford Partners Mahindra, AutoZone Reports Q4 Results"", ""Auto Stock Roundup: Recalls Continue, Ford Partners Mahindra, AutoZone Reports Q4 Results"", ""IBD Rating Upgrades: Copart Shows Improved Technical Strength"", ""Auto Stock Roundup: Recalls Continue, Ford Partners Mahindra, AutoZone Reports Q4 Results"", ""IBD Rating Upgrades: Copart Shows Improved Technical Strength""]"
CPRT,2017-09-22,8.4475,8.5075,8.43,8.435,"[""Validea Peter Lynch Strategy Daily Upgrade Report - 9/22/2017 The following are today's upgrades for Validea's P/E/Growth Investor model based on the published strategy of Peter Lynch. This strategy looks for stocks trading at a reasonable price relative to earnings growth that also possess strong balance sheets. COPART, INC. ( CPRT ) is a mid-cap growth stock in the Computer Services industry. The rating according to our strategy based on Peter Lynch changed from 0% to 91% based on the firm's underlying fundamentals and the stock's valuation. A score of 80% or above typically indicates that the strategy has some interest in the stock and a score above 90% typically indicates strong interest. Company Description: 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. The Company provides vehicle sellers with a range of services to process and sell vehicles primarily over the Internet through its virtual bidding third generation Internet auction-style sales technology (VB3). The Company's service offerings include Online Seller Access, Salvage Estimation Services, Estimating Services, End-Of-Life Vehicle Processing, Virtual Insured Exchange (VIX), Transportation Services, Vehicle Inspection Stations, On-Demand Reporting, Department of Motor Vehicle (DMV) Processing, Flexible Vehicle Processing Programs, Buy It Now, Member Network, Sales Process, Copart Dealer Services, CashForCars.com and U-Pull-It. The following table summarizes whether the stock meets each of this strategy's tests. Not all criteria in the below table receive equal weighting or are independent, but the table provides a brief overview of the strong and weak points of the security in the context of the strategy's criteria. For a full detailed analysis using NASDAQ's Guru Analysis tool, click here ILLUMINA, INC. ( ILMN ) is a large-cap growth stock in the Scientific & Technical Instr. industry. The rating according to our strategy based on Peter Lynch changed from 69% to 87% based on the firm's underlying fundamentals and the stock's valuation. A score of 80% or above typically indicates that the strategy has some interest in the stock and a score above 90% typically indicates strong interest. Company Description: Illumina, Inc. (Illumina) is a provider of sequencing- and array-based solutions for genetic analysis. The Company operates through two segments: Core Illumina and the consolidated variable interest entities (VIEs), which include the activities of GRAIL, Inc. (GRAIL) and Helix Holdings I, LLC (Helix). Core Illumina consists of its core operations. Core Illumina's products and services serve customers in the research, clinical and applied markets, and enable the adoption of a range of genomic solutions. The Company's portfolio of integrated systems, consumables and analysis tools addresses the range of genomic complexity, price points, and throughput, enabling customers to select the solution for their research or clinical challenge. The Company provides reproductive-health solutions, including noninvasive prenatal testing (NIPT), preimplantation genetic screening and diagnosis, and neonatal and genetic health testing. The following table summarizes whether the stock meets each of this strategy's tests. Not all criteria in the below table receive equal weighting or are independent, but the table provides a brief overview of the strong and weak points of the security in the context of the strategy's criteria. For a full detailed analysis using NASDAQ's Guru Analysis tool, click here Since its inception, Validea's strategy based on Peter Lynch has returned 402.92% vs. 149.96% for the S&P 500. For more details on this strategy, click here About Peter Lynch : Perhaps the greatest mutual fund manager of all-time, Lynch guided Fidelity Investment's Magellan Fund to a 29.2 percent average annual return from 1977 until his retirement in 1990, almost doubling the S&P 500's 15.8 percent yearly return over that time. Lynch's common sense approach and quick wit made him one of the most quoted investors on Wall Street. (\""Go for a business that any idiot can run -- because sooner or later, any idiot probably is going to run it,\"" is one of his many pearls of wisdom.) Lynch's bestseller One Up on Wall Street is something of a \""stocks for the everyman/everywoman\"", breaking his approach down into easy-to-understand concepts. About Validea : Validea is aninvestment researchservice that follows the published strategies of investment legends. Validea offers both stock analysis and model portfolios based on gurus who have outperformed the market over the long-term, including Warren Buffett, Benjamin Graham, Peter Lynch and Martin Zweig. For more information about Validea, click here The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Despite an Earnings Dip in the Fourth Quarter, Copart Ends the Year Strong Copart (NASDAQ: CPRT) , the online automotive auction services company, incurred an impairment charge in the quarter, which weighed on its earnings, but full-year 2017 revenue, net income, and earnings were solid. Here's a rundown of the company's most recent results. Copart results: The raw numbers Data source: Copart. What happened with Copart this quarter Copart's net income and earnings-per-share drop came mainly from an impairment charge. The company said it had an impairment charge of $19.4 million in the fourth quarter, related mainly from costs associated with the development of some of its business operating software. Global unit sales increased by 11.2% year over year, with U.S. sales increasing by 11.6% and international sales moving up 8.8%. Gross margins saw a modest increase from 42.5% in the year-ago quarter to 44.2% in the fourth quarter. Service revenue grew by $47.3 million, or 16.3% year over year, while scrap prices remained relatively flat. GAAP operating income grew by 4.3% year over year, to $110.8 million. The average selling prices of vehicles sold by Copart increased by 7% in the U.S., year over year. Revenue for the full year was $1.4 billion, an increase of 14.2%. Copart's net income jumped 45.8% to $394.2 million for the full fiscal year 2017. The company also increased its earnings per share for fiscal 2017 to $1.66, which is an increase of 49.5% year over year. What management had to say Management noted on the call that the impairment charge Copart experienced in the fourth quarter was for the remaining \""technology assets\"" that it had to write off back in fiscal 2015. The $19.4 million cost should be the last of the charges Copart has to pay. Additionally, management spoke briefly about its purchase of National Powersport Auctions. CFO Jeffrey Liaw didn't get into specific numbers, but did say that the acquisition will be accretive to Copart \""right away.\"" Copart's executive vice president of operations and shared services, William E. Franklin, also said on the call that the company is continuing its expansion of vehicle yards and that, \""Our expansion activities will continue as we believe industry trends will drive significant future growth and volume.\"" Looking ahead Copart usually doesn't offer any forward guidance, but management did talk extensively on the call about Hurricane Harvey's effect on the company's business and how it will impact the next few quarters. CEO Jayson Adair said that the company had already picked up more than 40,000 vehicles damaged by Harvey in the Houston area, and that it'll likely see more than double that number by the time all of the vehicle processing is complete. Adair said there will be \""significant costs\"" associated with renting out the space to store all the vehicles in the short term. Additionally, Copart won't generate revenue from the sales of those vehicles at auction until the third or fourth quarter of fiscal 2018. All of which means the company will likely have a lot of expenses in the first quarter fiscal 2018, which will hopefully be offset by revenue later in the year. 10 stocks we like better than Copart When investing geniuses David and Tom Gardner have a stock tip, it can pay to listen. After all, the newsletter they have run for over a decade, Motley Fool Stock Advisor , has tripled the market.* David and Tom just revealed what they believe are the 10 best stocks for investors to buy right now... and Copart wasn't one of them! That's right -- they think these 10 stocks are even better buys. Click here to learn about these picks! *Stock Advisor returns as of September 5, 2017 Chris Neiger has no position in any of the stocks mentioned. The Motley Fool recommends Copart. The Motley Fool has a disclosure policy . The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Validea Warren Buffett Strategy Daily Upgrade Report - 9/22/2017 The following are today's upgrades for Validea's Patient Investor model based on the published strategy of Warren Buffett. This strategy seeks out firms with long-term, predictable profitability and low debt that trade at reasonable valuations. COPART, INC. ( CPRT ) is a mid-cap growth stock in the Computer Services industry. The rating according to our strategy based on Warren Buffett changed from 86% to 100% based on the firm's underlying fundamentals and the stock's valuation. A score of 80% or above typically indicates that the strategy has some interest in the stock and a score above 90% typically indicates strong interest. Company Description: 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. The Company provides vehicle sellers with a range of services to process and sell vehicles primarily over the Internet through its virtual bidding third generation Internet auction-style sales technology (VB3). The Company's service offerings include Online Seller Access, Salvage Estimation Services, Estimating Services, End-Of-Life Vehicle Processing, Virtual Insured Exchange (VIX), Transportation Services, Vehicle Inspection Stations, On-Demand Reporting, Department of Motor Vehicle (DMV) Processing, Flexible Vehicle Processing Programs, Buy It Now, Member Network, Sales Process, Copart Dealer Services, CashForCars.com and U-Pull-It. The following table summarizes whether the stock meets each of this strategy's tests. Not all criteria in the below table receive equal weighting or are independent, but the table provides a brief overview of the strong and weak points of the security in the context of the strategy's criteria. For a full detailed analysis using NASDAQ's Guru Analysis tool, click here Since its inception, Validea's strategy based on Warren Buffett has returned 170.70% vs. 135.57% for the S&P 500. For more details on this strategy, click here About Warren Buffett : Warren Buffett is considered by many to be the greatest investor of all time. As the chairman of Berkshire Hathaway, Buffett has consistently outperformed the S&P 500 for decades, and in the process has become one of the world's richest men. (Forbes puts his net worth at $37 billion.) Despite his fortune, Buffett is known for living a modest lifestyle, by billionaire standards. His primary residence remains the gray stucco Nebraska home he purchased for $31,500 nearly 50 years ago, according to Forbes, and his folksy Midwestern manner and penchant for simple pleasures -- a cherry Coke, a good burger, and a good book are all near the top of the list -- have been well-documented. About Validea : Validea is aninvestment researchservice that follows the published strategies of investment legends. Validea offers both stock analysis and model portfolios based on gurus who have outperformed the market over the long-term, including Warren Buffett, Benjamin Graham, Peter Lynch and Martin Zweig. For more information about Validea, click here The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.""]"
CPRT,2017-09-25,8.4325,8.52,8.42625,8.5075,
CPRT,2017-09-26,8.52,8.5875,8.4925,8.56,
CPRT,2017-09-27,8.5725,8.68125,8.555,8.6525,
CPRT,2017-09-28,8.6425,8.6525,8.555,8.57,"[""Copart Inc (CPRT) Files \u2013\u2026-K for the Fiscal Year Ended on July '\u2013, \u2014\u2026\u20137"", ""Copart Inc (CPRT) Files \u2013\u2026-K for the Fiscal Year Ended on July '\u2013, \u2014\u2026\u20137"", ""Copart Inc (CPRT) Files \u2013\u2026-K for the Fiscal Year Ended on July '\u2013, \u2014\u2026\u20137""]"
CPRT,2017-09-29,8.575,8.655,8.55875,8.5925,"[""A Deep Look at Copart"", ""Monro Muffler Brake Trying To Close In On Key Technical Measure"", ""A Deep Look at Copart"", ""Monro Muffler Brake Trying To Close In On Key Technical Measure"", ""A Deep Look at Copart Copart Inc. ( CPRT ), a major provider of vehicle remarketing services around the globe, gained 23.77% year to date according to GuruFocus model portfolios . The Buffett-Munger model portfolio invested in 404 shares on Jan. 2 as the company made Warren Buffett ( Trades , Portfolio) and Charlie Munger (Trades, Portfolio)'s top 25 list. The company's share price increased from $27.71 to $34.42 since Jan. 2. Company reports strong fiscal year results Copart reported net revenues of $1.4 billion and diluted earnings of 66 cents per share for the 12 months ending July 31, up 14.2% and 49.5% from respective figures from fiscal 2016. The company reported strong growth in service and vehicle sales during the year, driven by increased volume and higher average selling prices. Such revenues, which increased year over year since 2015, contributed to strong company revenue growth. Copart's three-year revenue growth rate of 11.30% outperforms 73% of global competitors. Company offers good investing potential in the short term Copart's Piotroski F-score ranks an excellent 8 out of 9 even though the company's financial strength ranks a modest 6 out of 10. Not only does Copart have positive asset returns, the company also has increasing asset turnover, gross margins and current ratios year over year. New feature note We now offer the Piotroski F-score details on a company's summary page. To find this section, first look at the column headed by \""Ratios\"" and scroll down until you see the analyst estimate section. The Piotroski F-score section is right below the analyst estimate section as illustrated in Figure 1. Figure 1 Copart remains a Buffett-Munger company as the company meets Buffett and Munger's four investing criteria: 1. Copart's GuruFocus business predictability rank is a perfect five stars, indicating consistent revenue and earnings growth. 2. Copart has durable competitive advantages based on its strong operating and gross margins. 3. Copart has a debt-equity ratio of 0.58, suggesting its equity growth is higher than its debt growth. 4. Copart's price-earnings to growth ( PEG ) ratio is 1.68. While this may be high, it is still reasonable as it is less than 2. Table 2 details the value screener record as of Sept. 29. Copart is one of 34 Buffett-Munger companies. Table 2 Disclosure: No positions in the stocks mentioned Premium Members This article first appeared on GuruFocus . The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""A Deep Look at Copart"", ""Monro Muffler Brake Trying To Close In On Key Technical Measure""]"
CPRT,2017-10-02,8.6225,8.69505,8.5975,8.6375,
CPRT,2017-10-03,8.6375,8.705,8.6375,8.6625,
CPRT,2017-10-04,8.6775,8.6975,8.6325,8.695,
CPRT,2017-10-05,8.6875,8.8225,8.6515,8.795,
CPRT,2017-10-06,8.765,8.8175,8.765,8.81,"[""Stocks To Watch: Copart Sees Relative Strength Rating Rise To 82"", ""Stocks To Watch: Copart Sees Relative Strength Rating Rise To 82"", ""Stocks To Watch: Copart Sees Relative Strength Rating Rise To 82 Copart ( CPRT ) had its Relative Strength ( RS ) Rating upgraded from 79 to 82 Friday. [ibd-display-video id=449419 width=50 float=left autostart=true] This proprietary rating tracks technical performance by using a 1 (worst) to 99 (best) score that indicates how a stock's price performance over the last 52 weeks matches up against the rest of the market. History shows that the top-performing stocks tend to have an 80 or better RS Rating in the early stages of their moves. Looking For The Best Stocks To Buy And Watch? Start Here Copart is now considered extended and out of buy range after clearing a 32.27 buy point in a second-stage flat base . See if the stock forms a new pattern or follow-on buying opportunity like a three-weeks tight or pullback to the 50-day or 10-week line. Copart saw both earnings and sales growth rise last quarter. Earnings-per-share increased from 16% to 17%. Revenue rose from 8% to 14%. The company earns the No. 1 rank among its peers in the Retail/Wholesale-Auto industry group. LKQ ( LKQ ) and Monro Muffler Brake ( MNRO ) are also among the group's highest-rated stocks. RELATED: Which Stocks Are Showing Improved Technical Action? Why Should You Use IBD's Relative Strength Rating? How Relative Strength Line Can Help You Judge A Stock The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Stocks To Watch: Copart Sees Relative Strength Rating Rise To 82""]"
CPRT,2017-10-09,8.8425,8.88125,8.81375,8.8475,
CPRT,2017-10-10,8.8925,8.915,8.8575,8.89,"Copart to Reap Gains from Expansions Amid Rising SG&A Costs On Oct 9, we issued an updated research report on Copart Inc.CPRT . On Sep 19, Copart reported adjusted earnings per share of 35 cents for fourth-quarter fiscal 2017 (ended Jul 31, 2017), beating the Zacks Consensus Estimate of 31 cents. Quarterly revenues rose 13.8% year over year to $378.6 million. Thus, the top line too surpassed the Zacks Consensus Estimate of $355.5 million. For the fiscal end, the company reported an EPS of $1.66 from $1.11 recorded in the previous year, exceeding the Zacks Consensus Estimate of $1.26. Annual revenues also increased 14.2% year over year to $1.4 billion, almost in line with the Zacks Consensus Estimate. Copart, Inc. Price and Consensus Copart, Inc. Price and Consensus | Copart, Inc. Quote Copart is expanding network facility to manage inflating volumes. The most recent facility expansions happened in New Orleans, LA and Minnesota. Year to date, the company has made 12 such extensions. Additionally, the company is planning to widen footprint across continental Europe, including the United Kingdom through acquisitions of existing business and setting up new facilities. The company has also been witnessing growth in annual revenues from vehicle sales. Yearly sales rallied 14.2% year over year to $1.4 billion in fiscal 2017. However, high selling, general and administrative (SG&A) expenses might hamper the company's sales in the long run. Also, upgraded safety features in new vehicles and development of driverless cars might cause a decline in demand for Copart's products. Price Performance Shares of Copart have surged 27.8% year to date, substantially outperforming the 11.2% rally of the industry it belongs to. Zacks Rank & Key Picks Copart currently carries a Zacks Rank #3 (Hold). A few better-ranked auto stocks are Toyota Motor Corporation TM , Daimler AG DDAIF and Westport Fuel Systems Inc. WPRT . While Toyota sports a Zacks Rank #1 (Strong Buy), Daimler and Westport Fuel hold a Zacks Rank #2 (Buy). You can see the complete list of today's Zacks #1 Rank stocks here . Toyota has an expected long-term earnings growth rate of 7%. Daimler has an expected long-term earnings growth rate of 2.8%. Westport Fuel has an expected long-term earnings growth rate of 30%. Today's Stocks from Zacks' Hottest Strategies It's hard to believe, even for us at Zacks. But while the market gained +18.8% from 2016 - Q1 2017, our top stock-picking screens have returned +157.0%, +128.0%, +97.8%, +94.7%, and +90.2% respectively. And this outperformance has not just been a recent phenomenon. Over the years it has been remarkably consistent. From 2000 - Q1 2017, the composite yearly average gain for these strategies has beaten the market more than 11X over. Maybe even more remarkable is the fact that we're willing to share their latest stocks with you without cost or obligation. See Them Free>> Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Toyota Motor Corp Ltd Ord (TM): Free Stock Analysis Report Daimler AG (DDAIF): Free Stock Analysis Report Westport Fuel Systems Inc (WPRT): Free Stock Analysis Report Copart, Inc. (CPRT): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
CPRT,2017-10-11,8.9125,8.9675,8.905,8.96,
CPRT,2017-10-12,8.965,9.06,8.9375,9.0275,
CPRT,2017-10-13,9.038,9.1075,9.035,9.08,
CPRT,2017-10-16,9.0975,9.13,9.0175,9.0675,
CPRT,2017-10-17,9.0375,9.1275,9.035,9.0975,
CPRT,2017-10-18,9.11,9.1625,9.085,9.1075,
CPRT,2017-10-19,9.0775,9.1175,9.05,9.1025,
CPRT,2017-10-20,9.1475,9.15,9.0625,9.12,"[""Copart (CPRT) Up 11.9% Since Earnings Report: Can It Continue?"", ""Copart (CPRT) Up 11.9% Since Earnings Report: Can It Continue?"", ""Copart (CPRT) Up 11.9% Since Earnings Report: Can It Continue? It has been about a month since the last earnings report for Copart, Inc.CPRT . Shares have added about 11.9% in that time frame, outperforming the market. Will the recent positive trend continue leading up to the stock's next earnings release, or is it due for a pullback? Before we dive into how investors and analysts have reacted as of late, let's take a quick look at its most recent earnings report in order to get a better handle on the important drivers. Copart Q4 Earnings & Revenues Beat Estimates, Up Y/Y Copart reported adjusted earnings per share of 35 cents in fourth-quarter fiscal 2017 (ended Jul 31, 2017) and beat the Zacks Consensus Estimate of 31 cents. The figure shows a steep rise of 20.7% from 29 cents recorded in the year-ago quarter. Net income was $70.3 million, reflecting a decrease of 16.4% or $13.8 million from the fourth quarter of fiscal 2016. Copart's revenues rose 13.8% to $378.6 million from the year-ago quarter and surpassed the Zacks Consensus Estimate of $355.5 million. Service revenues went up 16.3% to $336.8 million, while revenues from vehicle sales declined 3.2% to $41.8 million. Gross margin improved 18.4% to $167.5 million in the reported quarter from $141.5 million, a year ago. Operating expenses also increased to $267.8 million from $226.5 million, recorded in the year-ago quarter. Operating income shot up to $110.8 million from $106.2 million, reported a year ago. Fiscal 2017 Results Copart reported a rise in EPS to $1.66 for fiscal 2017 from $1.11 in the previous year. The figure also exceeded the Zacks Consensus Estimate of $1.26. Annual revenues increased 14.2% year over year to $1.4 billion, almost in line with the Zacks Consensus Estimate. Financial Details Copart had cash and cash equivalents of $210.1 million as of Jul 31, 2017 compared with $155.8 million as of Jul 31, 2016. Total debt, revolving loan facility and capital lease obligations declined to $550.8 million as of Jul 31, 2017 compared with $564.3 million as of Jul 31, 2016. In fiscal 2017, Copart generated net cash flow of $492.2 million from operations compared with $332.5 million a year ago. How Have Estimates Been Moving Since Then? Following the release, investors have witnessed a downward trend in fresh estimates. There have been three revisions lower for the current quarter. In the past month, the consensus estimate has shifted down by 20.4% due to these changes. Copart, Inc. Price and Consensus Copart, Inc. Price and Consensus | Copart, Inc. Quote VGM Scores At this time, the stock has a great Growth Score of A, though it is lagging a lot on the momentum front with a D. Charting a somewhat similar path, the stock was allocated a grade of C on the value side, putting it in the middle 20% for this investment strategy. Overall, the stock has an aggregate VGM Score of B. If you aren't focused on one strategy, this score is the one you should be interested in. Our style scores indicate that the stock is more suitable for growth investors than value investors. Outlook Estimates have been broadly trending downward for the stock and the magnitude of this revision also indicates a downward shift. Notably, the stock has a Zacks Rank #3 (Hold). We are looking for an inline return from the stock in the next few months. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Copart, Inc. (CPRT): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Copart (CPRT) Up 11.9% Since Earnings Report: Can It Continue?""]"
CPRT,2017-10-23,9.1325,9.15,9.0175,9.0375,"Weybosset Research & Management Llc Buys DowDuPont Inc, Royal Dutch Shell PLC, Air Products ... Weybosset Research & Management Llc New Purchases: DWDP , RDS.A , APD , Added Positions:NYT, WYNN, JPM, SAN, Reduced Positions:AGM, GD, CNI, CPRT, ARCC, DE, AAPL, JNJ, CSRA, BRK.B, Sold Out:DD, CVS, DIS, UFPI, For the details of WEYBOSSET RESEARCH & MANAGEMENT LLC's stock buys and sells, go to http://www.gurufocus.com/StockBuy.php?GuruName=WEYBOSSET+RESEARCH+%26+MANAGEMENT+LLC These are the top 5 holdings of WEYBOSSET RESEARCH & MANAGEMENT LLC Copart Inc ( CPRT ) - 285,601 shares, 6.52% of the total portfolio. Shares reduced by 7.83% Federal Agricultural Mortgage Corp ( AGM ) - 121,535 shares, 5.87% of the total portfolio. Shares reduced by 18.08% General Dynamics Corp ( GD ) - 40,135 shares, 5.48% of the total portfolio. Shares reduced by 13.24% Berkshire Hathaway Inc (BRK.B) - 44,198 shares, 5.38% of the total portfolio. Shares reduced by 4.49% Johnson & Johnson ( JNJ ) - 60,497 shares, 5.23% of the total portfolio. Shares reduced by 4.54% New Purchase: DowDuPont Inc ( DWDP ) Weybosset Research & Management Llc initiated holdings in DowDuPont Inc. The purchase prices were between $63.11 and $70.41, with an estimated average price of $65.88. The stock is now traded at around $71.73. The impact to the portfolio due to this purchase was 0.4%. The holdings were 8,777 shares as of 2017-09-30. New Purchase: Royal Dutch Shell PLC (RDS.A) Weybosset Research & Management Llc initiated holdings in Royal Dutch Shell PLC. The purchase prices were between $52.8 and $60.58, with an estimated average price of $55.88. The stock is now traded at around $61.08. The impact to the portfolio due to this purchase was 0.15%. The holdings were 3,750 shares as of 2017-09-30. New Purchase: Air Products & Chemicals Inc (APD) Weybosset Research & Management Llc initiated holdings in Air Products & Chemicals Inc. The purchase prices were between $142.13 and $151.53, with an estimated average price of $146.39. The stock is now traded at around $154.02. The impact to the portfolio due to this purchase was 0.13%. The holdings were 1,329 shares as of 2017-09-30. Sold Out: E.I. du Pont de Nemours & Co (DD) Weybosset Research & Management Llc sold out the holdings in E.I. du Pont de Nemours & Co. The sale prices were between $80.81 and $85.49, with an estimated average price of $82.78. Sold Out: CVS Health Corp (CVS) Weybosset Research & Management Llc sold out the holdings in CVS Health Corp. The sale prices were between $75.35 and $83.31, with an estimated average price of $79.11. Sold Out: Universal Forest Products Inc (UFPI) Weybosset Research & Management Llc sold out the holdings in Universal Forest Products Inc. The sale prices were between $78.84 and $98.16, with an estimated average price of $86.65. Sold Out: Walt Disney Co (DIS) Weybosset Research & Management Llc sold out the holdings in Walt Disney Co. The sale prices were between $97.06 and $110.61, with an estimated average price of $102.92. Reduced: Ares Capital Corp (ARCC) Weybosset Research & Management Llc reduced to the holdings in Ares Capital Corp by 58.8%. The sale prices were between $15.67 and $16.52, with an estimated average price of $16.19. The stock is now traded at around $16.55. The impact to the portfolio due to this sale was -0.41%. Weybosset Research & Management Llc still held 27,079 shares as of 2017-09-30. Reduced: Apple Inc (AAPL) Weybosset Research & Management Llc reduced to the holdings in Apple Inc by 63.69%. The sale prices were between $142.73 and $164.05, with an estimated average price of $155.13. The stock is now traded at around $156.23. The impact to the portfolio due to this sale was -0.3%. Weybosset Research & Management Llc still held 1,844 shares as of 2017-09-30. Reduced: Goodyear Tire & Rubber Co (GT) Weybosset Research & Management Llc reduced to the holdings in Goodyear Tire & Rubber Co by 26.05%. The sale prices were between $29.74 and $36.31, with an estimated average price of $32.52. The stock is now traded at around $33.65. The impact to the portfolio due to this sale was -0.21%. Weybosset Research & Management Llc still held 25,908 shares as of 2017-09-30. Warning! GuruFocus has detected 7 Warning Sign with DWDP. Click here to check it out. DWDP 15-Year Financial Data The intrinsic value of DWDP Peter Lynch Chart of DWDP Premium Members This article first appeared on GuruFocus . The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
CPRT,2017-10-24,9.035,9.0775,9.0275,9.04,"First Week of December 15th Options Trading For Copart (CPRT) Investors in Copart Inc (Symbol: CPRT) saw new options become available this week, for the December 15th expiration. At Stock Options Channel , our YieldBoost formula has looked up and down the CPRT options chain for the new December 15th contracts and identified the following put contract of particular interest. The put contract at the $35.00 strike price has a current bid of 55 cents. If an investor was to sell-to-open that put contract, they are committing to purchase the stock at $35.00, but will also collect the premium, putting the cost basis of the shares at $34.45 (before broker commissions). To an investor already interested in purchasing shares of CPRT, that could represent an attractive alternative to paying $36.16/share today. Because the $35.00 strike represents an approximate 3% discount to the current trading price of the stock (in other words it is out-of-the-money by that percentage), there is also the possibility that the put contract would expire worthless. The current analytical data (including greeks and implied greeks) suggest the current odds of that happening are 68%. Stock Options Channel will track those odds over time to see how they change, publishing a chart of those numbers on our website under the contract detail page for this contract . Should the contract expire worthless, the premium would represent a 1.57% return on the cash commitment, or 11.02% annualized - at Stock Options Channel we call this the YieldBoost . Below is a chart showing the trailing twelve month trading history for Copart Inc, and highlighting in green where the $35.00 strike is located relative to that history: The implied volatility in the put contract example above is 21%. Meanwhile, we calculate the actual trailing twelve month volatility (considering the last 253 trading day closing values as well as today's price of $36.16) to be 17%. For more put and call options contract ideas worth looking at, visit StockOptionsChannel.com. Top YieldBoost Puts of the S&P 500 » The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
CPRT,2017-10-25,9.0275,9.0575,8.925,8.9375,
CPRT,2017-10-26,8.96,9.0275,8.93,8.9775,"[""Quality Stocks: Cognizant, Copart"", ""Quality Stocks: Cognizant, Copart"", ""Quality Stocks: Cognizant, Copart""]"
CPRT,2017-10-27,8.9775,8.995,8.9,8.97,"[""Copart Reports 19-Acre Expansion Of Memphis, Tennessee Location At 5545 Swinnea Road"", ""Copart Reports 19-Acre Expansion Of Memphis, Tennessee Location At 5545 Swinnea Road"", ""Copart Reports 19-Acre Expansion Of Memphis, Tennessee Location At 5545 Swinnea Road""]"
CPRT,2017-10-30,8.964,9.0225,8.9375,9.01,
CPRT,2017-10-31,9.0125,9.12,9.0125,9.0725,
CPRT,2017-11-01,9.1025,9.19,8.955,8.96,"LKQ Trying To Close In On Key Technical Benchmark In a welcome move, LKQ ( LKQ ) saw its Relative Strength Rating improve from 67 to 74 on Wednesday. [ibd-display-video id=2368044 width=50 float=left autostart=true] IBD's proprietary RS Rating measures market leadership by showing how a stock's price action over the last 52 weeks measures up against that of the other stocks in our database. Decades of market research reveals that the best stocks typically have an 80 or better RS Rating as they launch their biggest price moves. See if LKQ can continue to show renewed price strength and hit that benchmark. Looking For Winning Stocks? Try This Simple Routine LKQ has moved more than 5% past a 34.85 entry in a first-stage cup with handle , meaning it's now out of a proper buy range. Look for the stock to create a new buying opportunity like a three-weeks tight or pullback to the 50-day or 10-week moving average. Earnings grew 10% last quarter, up from 2% in the prior report. Revenue also increased, from 7% to 12%. LKQ holds the No. 2 rank among its peers in the Retail/Wholesale-Auto industry group. Copart ( CPRT ) is the No. 1-ranked stock within the group. RELATED: IBD Stock Rating Upgrades: Rising Relative Strength Why Should You Use IBD's Relative Strength Rating? How Relative Strength Line Can Help You Judge A Stock The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
CPRT,2017-11-02,8.96,9.15875,8.945,9.125,
CPRT,2017-11-03,9.125,9.1525,9.0875,9.1025,
CPRT,2017-11-06,9.0675,9.085,9.0175,9.055,
CPRT,2017-11-07,9.045,9.0625,8.91,8.9375,"[""Copart (CPRT) Expands Online Auction Location at Arizona"", ""Hearing Wolfe Research Initiated LKQ With An Outperform, Firm Also Initiated On Copart With A Peer Perform Rating"", ""Hearing Wolfe Research Initiated LKQ With An Outperform, Firm Also Initiated On Copart With A Peer Perform Rating"", ""Copart (CPRT) Expands Online Auction Location at Arizona"", ""Hearing Wolfe Research Initiated LKQ With An Outperform, Firm Also Initiated On Copart With A Peer Perform Rating"", ""Copart (CPRT) Expands Online Auction Location at Arizona""]"
CPRT,2017-11-08,8.8975,9.005,8.8825,8.975,"Wasatch Advisors Inc Buys Cantel Medical Corp, Barnes Group Inc, 51job Inc, Sells Cornerstone ... Wasatch Advisors Inc New Purchases: CMD , SNHY , INXN , HLNE, SNBR, CBPO, NEOG, PETQ, HCKT, LAD, Added Positions:B, JOBS, TRUE, AIMC, GWRE, KNX, MNRO, ROLL, HCSG, BABA, Reduced Positions:CSOD, MD, PRAA, ZEN, CYBR, GLOB, ZUMZ, EXAS, SGMO, CAVM, Sold Out:GBCI, BOH, ECHO, SWFT, DRQ, DK, MSFT, AIG, NBR, OII, For the details of WASATCH ADVISORS INC's stock buys and sells, go to http://www.gurufocus.com/StockBuy.php?GuruName=WASATCH+ADVISORS+INC These are the top 5 holdings of WASATCH ADVISORS INC Copart Inc ( CPRT ) - 6,952,250 shares, 3.24% of the total portfolio. Shares reduced by 1.55% Knight-Swift Transportation Holdings Inc ( KNX ) - 5,564,873 shares, 3.14% of the total portfolio. Shares added by 8.41% Icon PLC ( ICLR ) - 1,827,452 shares, 2.83% of the total portfolio. Shares reduced by 1.23% The Ultimate Software Group Inc ( ULTI ) - 880,357 shares, 2.27% of the total portfolio. Shares reduced by 0.55% Monro Inc ( MNRO ) - 2,895,476 shares, 2.2% of the total portfolio. Shares added by 11.84% New Purchase: Cantel Medical Corp (CMD) Wasatch Advisors Inc initiated holdings in Cantel Medical Corp. The purchase prices were between $73.3 and $90.95, with an estimated average price of $78.66. The stock is now traded at around $97.49. The impact to the portfolio due to this purchase was 0.69%. The holdings were 536,781 shares as of 2017-09-30. New Purchase: Sun Hydraulics Corp (SNHY) Wasatch Advisors Inc initiated holdings in Sun Hydraulics Corp. The purchase prices were between $41.36 and $54.11, with an estimated average price of $46.18. The stock is now traded at around $58.54. The impact to the portfolio due to this purchase was 0.55%. The holdings were 755,368 shares as of 2017-09-30. New Purchase: InterXion Holding NV (INXN) Wasatch Advisors Inc initiated holdings in InterXion Holding NV. The purchase prices were between $44.27 and $51.95, with an estimated average price of $48.72. The stock is now traded at around $56.39. The impact to the portfolio due to this purchase was 0.44%. The holdings were 639,149 shares as of 2017-09-30. New Purchase: Hamilton Lane Inc (HLNE) Wasatch Advisors Inc initiated holdings in Hamilton Lane Inc. The purchase prices were between $21.66 and $26.29, with an estimated average price of $22.93. The stock is now traded at around $30.72. The impact to the portfolio due to this purchase was 0.37%. The holdings were 1,010,161 shares as of 2017-09-30. New Purchase: Sleep Number Corp (SNBR) Wasatch Advisors Inc initiated holdings in Sleep Number Corp. The purchase prices were between $28.49 and $34.97, with an estimated average price of $31.31. The stock is now traded at around $30.58. The impact to the portfolio due to this purchase was 0.27%. The holdings were 632,444 shares as of 2017-09-30. New Purchase: China Biologic Products Holdings Inc (CBPO) Wasatch Advisors Inc initiated holdings in China Biologic Products Holdings Inc. The purchase prices were between $89.3 and $111.89, with an estimated average price of $96.41. The stock is now traded at around $87.42. The impact to the portfolio due to this purchase was 0.17%. The holdings were 137,482 shares as of 2017-09-30. Added: Barnes Group Inc (B) Wasatch Advisors Inc added to the holdings in Barnes Group Inc by 112.09%. The purchase prices were between $58.34 and $70.32, with an estimated average price of $61.93. The stock is now traded at around $64.13. The impact to the portfolio due to this purchase was 0.65%. The holdings were 1,282,296 shares as of 2017-09-30. Added: 51job Inc (JOBS) Wasatch Advisors Inc added to the holdings in 51job Inc by 98.50%. The purchase prices were between $45.06 and $61.75, with an estimated average price of $54.47. The stock is now traded at around $61.86. The impact to the portfolio due to this purchase was 0.56%. The holdings were 1,364,389 shares as of 2017-09-30. Added: TrueCar Inc (TRUE) Wasatch Advisors Inc added to the holdings in TrueCar Inc by 812.49%. The purchase prices were between $14.71 and $21.56, with an estimated average price of $17.94. The stock is now traded at around $10.39. The impact to the portfolio due to this purchase was 0.46%. The holdings were 2,405,517 shares as of 2017-09-30. Added: Altra Industrial Motion Corp (AIMC) Wasatch Advisors Inc added to the holdings in Altra Industrial Motion Corp by 185.53%. The purchase prices were between $38.8 and $48.6, with an estimated average price of $44.05. The stock is now traded at around $46.00. The impact to the portfolio due to this purchase was 0.42%. The holdings were 977,955 shares as of 2017-09-30. Added: Guidewire Software Inc (GWRE) Wasatch Advisors Inc added to the holdings in Guidewire Software Inc by 69.79%. The purchase prices were between $68.25 and $80.06, with an estimated average price of $73.09. The stock is now traded at around $80.82. The impact to the portfolio due to this purchase was 0.3%. The holdings were 692,806 shares as of 2017-09-30. Added: Healthcare Services Group Inc (HCSG) Wasatch Advisors Inc added to the holdings in Healthcare Services Group Inc by 24.14%. The purchase prices were between $45.92 and $55.11, with an estimated average price of $51.31. The stock is now traded at around $52.50. The impact to the portfolio due to this purchase was 0.18%. The holdings were 1,248,276 shares as of 2017-09-30. Sold Out: Glacier Bancorp Inc (GBCI) Wasatch Advisors Inc sold out the holdings in Glacier Bancorp Inc. The sale prices were between $31.5 and $37.36, with an estimated average price of $34.63. Sold Out: Bank of Hawaii Corp (BOH) Wasatch Advisors Inc sold out the holdings in Bank of Hawaii Corp. The sale prices were between $75 and $85.29, with an estimated average price of $81.03. Sold Out: Echo Global Logistics Inc (ECHO) Wasatch Advisors Inc sold out the holdings in Echo Global Logistics Inc. The sale prices were between $13.45 and $20.55, with an estimated average price of $16.4. Sold Out: Swift Transportation Co (SWFT) Wasatch Advisors Inc sold out the holdings in Swift Transportation Co. The sale prices were between $24.92 and $29.49, with an estimated average price of $26.61. Sold Out: Dril-Quip Inc (DRQ) Wasatch Advisors Inc sold out the holdings in Dril-Quip Inc. The sale prices were between $36.2 and $52.05, with an estimated average price of $43.62. Sold Out: Microsoft Corp (MSFT) Wasatch Advisors Inc sold out the holdings in Microsoft Corp. The sale prices were between $68.17 and $75.44, with an estimated average price of $72.96. B 15-Year Financial Data The intrinsic value of B Peter Lynch Chart of B Premium Members This article first appeared on GuruFocus . The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
CPRT,2017-11-09,8.93,8.94,8.8525,8.905,
CPRT,2017-11-10,8.8625,8.975,8.83,8.9625,
CPRT,2017-11-13,8.9425,8.9975,8.925,8.97,
CPRT,2017-11-14,8.93,9.0,8.9125,8.97,
CPRT,2017-11-15,8.9525,9.02,8.91,8.99,
CPRT,2017-11-16,9.0075,9.02,8.9575,8.985,"[""Copart To Report Q1 Earnings Tues., Nov. 21 After Market Close"", ""Copart To Report Q1 Earnings Tues., Nov. 21 After Market Close"", ""Robertson Opportunity Capital, LLC Buys First Data Corp, Kinder Morgan Inc, Sells Essent Group, ... Robertson Opportunity Capital, LLC New Purchases: FDC , Added Positions: PYPL , CY , KMI, ANTM, NUS, CCJ, Reduced Positions:ACGL, CHK, TSEM, MTG, WY, Sold Out:ESNT, For the details of Robertson Opportunity Capital, LLC's stock buys and sells, go to http://www.gurufocus.com/StockBuy.php?GuruName=Robertson+Opportunity+Capital%2C+LLC These are the top 5 holdings of Robertson Opportunity Capital, LLC Copart Inc ( CPRT ) - 399,752 shares, 7.9% of the total portfolio. PayPal Holdings Inc ( PYPL ) - 190,200 shares, 7% of the total portfolio. Shares added by 15.13% Tempur Sealy International Inc ( TPX ) - 179,200 shares, 6.64% of the total portfolio. Qorvo Inc ( QRVO ) - 146,370 shares, 5.94% of the total portfolio. Arch Capital Group Ltd ( ACGL ) - 91,702 shares, 5.19% of the total portfolio. Shares reduced by 17.16% New Purchase: First Data Corp (FDC) Robertson Opportunity Capital, LLC initiated holdings in First Data Corp. The purchase prices were between $17.47 and $19.04, with an estimated average price of $18.24. The stock is now traded at around $16.74. The impact to the portfolio due to this purchase was 2.15%. The holdings were 207,000 shares as of 2017-09-30. Added: Kinder Morgan Inc (KMI) Robertson Opportunity Capital, LLC added to the holdings in Kinder Morgan Inc by 20.83%. The purchase prices were between $18.4 and $20.69, with an estimated average price of $19.48. The stock is now traded at around $17.03. The impact to the portfolio due to this purchase was 0.5%. The holdings were 261,000 shares as of 2017-09-30. Sold Out: Essent Group Ltd (ESNT) Robertson Opportunity Capital, LLC sold out the holdings in Essent Group Ltd. The sale prices were between $36.17 and $40.66, with an estimated average price of $38.64. Warning! GuruFocus has detected 2 Warning Sign with KMI. Click here to check it out. KMI 15-Year Financial Data The intrinsic value of KMI Peter Lynch Chart of KMI Premium Members This article first appeared on GuruFocus . The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""MIG Capital, LLC Buys Armstrong World Industries Inc, Chipotle Mexican Grill Inc, BJ's ... MIG Capital, LLC New Purchases: BJRI , MCD , MCK , MSFT, NOV, RGA, Added Positions:AWI, CMG, VSAT, STC, GSAT, ABC, Reduced Positions:RCL, CCOI, NFLX, ALGN, MO, Sold Out:RAI, AMGN, GNC, For the details of MIG Capital, LLC's stock buys and sells, go to http://www.gurufocus.com/StockBuy.php?GuruName=MIG+Capital%2C+LLC These are the top 5 holdings of MIG Capital, LLC Cogent Communications Holdings Inc ( CCOI ) - 1,311,268 shares, 9.21% of the total portfolio. Shares reduced by 7.98% Sprint Corp ( S ) - 7,346,000 shares, 8.21% of the total portfolio. Liberty Global PLC ( LBTYK ) - 1,421,000 shares, 6.68% of the total portfolio. Armstrong World Industries Inc ( AWI ) - 868,100 shares, 6.39% of the total portfolio. Shares added by 37.77% Copart Inc ( CPRT ) - 1,274,072 shares, 6.29% of the total portfolio. New Purchase: BJ's Restaurants Inc (BJRI) MIG Capital, LLC initiated holdings in BJ's Restaurants Inc. The purchase prices were between $28.1 and $37.15, with an estimated average price of $32.44. The stock is now traded at around $33.70. The impact to the portfolio due to this purchase was 1.4%. The holdings were 319,655 shares as of 2017-09-30. New Purchase: National Oilwell Varco Inc (NOV) MIG Capital, LLC initiated holdings in National Oilwell Varco Inc. The purchase prices were between $29.94 and $36.3, with an estimated average price of $32.65. The stock is now traded at around $31.94. The impact to the portfolio due to this purchase was 0.03%. The holdings were 6,603 shares as of 2017-09-30. New Purchase: McDonald's Corp (MCD) MIG Capital, LLC initiated holdings in McDonald's Corp. The purchase prices were between $151.85 and $161.53, with an estimated average price of $156.71. The stock is now traded at around $167.32. The impact to the portfolio due to this purchase was 0.03%. The holdings were 1,284 shares as of 2017-09-30. New Purchase: McKesson Corp (MCK) MIG Capital, LLC initiated holdings in McKesson Corp. The purchase prices were between $146 and $168.12, with an estimated average price of $156.11. The stock is now traded at around $138.86. The impact to the portfolio due to this purchase was 0.03%. The holdings were 1,321 shares as of 2017-09-30. New Purchase: Reinsurance Group of America Inc (RGA) MIG Capital, LLC initiated holdings in Reinsurance Group of America Inc. The purchase prices were between $127.52 and $141.19, with an estimated average price of $135.2. The stock is now traded at around $150.05. The impact to the portfolio due to this purchase was 0.03%. The holdings were 1,448 shares as of 2017-09-30. New Purchase: Microsoft Corp (MSFT) MIG Capital, LLC initiated holdings in Microsoft Corp. The purchase prices were between $68.17 and $75.44, with an estimated average price of $72.96. The stock is now traded at around $82.98. The impact to the portfolio due to this purchase was 0.03%. The holdings were 2,878 shares as of 2017-09-30. Added: Armstrong World Industries Inc ( AWI ) MIG Capital, LLC added to the holdings in Armstrong World Industries Inc by 37.77%. The purchase prices were between $44.05 and $51.9, with an estimated average price of $46.99. The stock is now traded at around $50.05. The impact to the portfolio due to this purchase was 1.75%. The holdings were 868,100 shares as of 2017-09-30. Added: Chipotle Mexican Grill Inc (CMG) MIG Capital, LLC added to the holdings in Chipotle Mexican Grill Inc by 42.48%. The purchase prices were between $297.09 and $417.33, with an estimated average price of $337.8. The stock is now traded at around $285.45. The impact to the portfolio due to this purchase was 1.74%. The holdings were 132,000 shares as of 2017-09-30. Added: AmerisourceBergen Corp (ABC) MIG Capital, LLC added to the holdings in AmerisourceBergen Corp by 27.93%. The purchase prices were between $78.04 and $95.22, with an estimated average price of $84.92. The stock is now traded at around $77.53. The impact to the portfolio due to this purchase was 0.01%. The holdings were 2,927 shares as of 2017-09-30. Sold Out: Reynolds American Inc (RAI) MIG Capital, LLC sold out the holdings in Reynolds American Inc. The sale prices were between $63.94 and $66.89, with an estimated average price of $65.08. Sold Out: Amgen Inc (AMGN) MIG Capital, LLC sold out the holdings in Amgen Inc. The sale prices were between $167.29 and $191, with an estimated average price of $177.14. Sold Out: GNC Holdings Inc (GNC) MIG Capital, LLC sold out the holdings in GNC Holdings Inc. The sale prices were between $7.74 and $10.95, with an estimated average price of $9. Warning! GuruFocus has detected 2 Warning Sign with AWI. Click here to check it out. AWI 15-Year Financial Data The intrinsic value of AWI Peter Lynch Chart of AWI Premium Members This article first appeared on GuruFocus . The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Copart To Report Q1 Earnings Tues., Nov. 21 After Market Close""]"
CPRT,2017-11-17,8.9725,8.9725,8.86,8.8875,
CPRT,2017-11-20,8.8925,9.1325,8.89,9.0775,"[""Notable earnings after Tuesday's close"", ""Should You Buy Copart (CPRT) Ahead of Earnings?"", ""Notable earnings after Tuesday's close"", ""Should You Buy Copart (CPRT) Ahead of Earnings?"", ""Should You Buy Copart (CPRT) Ahead of Earnings? Investors are always looking for stocks that are poised to beat at earnings season and CopartCPRT may be one such company. The firm has earnings coming up pretty soon, and events are shaping up quite nicely for their report. That is because Copart is seeing favorable earnings estimate revision activity as of late, which is generally a precursor to an earnings beat. After all, analysts raising estimates right before earnings - with the most up-to-date information possible - is a pretty good indicator of some favorable trends underneath the surface for CPRT in this report. In fact, the Most Accurate Estimate for the current quarter is currently at 27 cents per share for CPRT, compared to a broader Zacks Consensus Estimate of 25 cents per share. This suggests that analysts have very recently bumped up their estimates for CPRT, giving the stock a Zacks Earnings ESP of +7.14% heading into earnings season. Copart, Inc. Price and EPS Surprise Copart, Inc. Price and EPS Surprise | Copart, Inc. Quote Why is this Important? A positive reading for the Zacks Earnings ESP has proven to be very powerful in producing both positive surprises, and outperforming the market. Our recent 10-year back test shows that stocks that have a positive Earnings ESP and a Zacks Rank #3 (Hold) or better show a positive surprise nearly 70% of the time, and have returned over 28% on average in annual returns (see more Top Earnings ESP stocks here ). Given that CPRT has a Zacks Rank #3 and an ESP in positive territory, investors might want to consider this stock ahead of earnings. You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here . Clearly, recent earnings estimate revisions suggest that good things are ahead for Copart, and that a beat might be in the cards for the upcoming report. Wall Street's Next Amazon Zacks EVP Kevin Matras believes this familiar stock has only just begun its climb to become one of the greatest investments of all time. It's a once-in-a-generation opportunity to invest in pure genius. Click for details >> Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Copart, Inc. (CPRT): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Notable earnings after Tuesday's close"", ""Should You Buy Copart (CPRT) Ahead of Earnings?""]"
CPRT,2017-11-21,9.145,9.18,9.06,9.175,"[""What Falling Estimates & Price Mean for Ritchie Bros. Auctioneers (RBA)"", ""Copart beats by $0.06, beats on revenue"", ""Earnings Scheduled For November 21, 2017"", ""Copart Reports Q1 Adj. EPS $0.33 vs $0.27 Est., Sales $419.2M vs $381M Est."", ""Copart Reports Q1 Adj. EPS $0.33 vs $0.27 Est., Sales $419.2M vs $381M Est."", ""Earnings Scheduled For November 21, 2017"", ""Copart beats by $0.06, beats on revenue"", ""What Falling Estimates & Price Mean for Ritchie Bros. Auctioneers (RBA)"", ""What Falling Estimates & Price Mean for Ritchie Bros. Auctioneers (RBA) Similar to wise buying decisions, exiting certain underperformers at the right time helps maximize portfolio returns. Selling off losers can be difficult, but if both the share price and estimates are falling, it could be time to get rid of the security before more losses hit your portfolio. One such stock that you may want to consider dropping is Ritchie Bros. Auctioneers IncorporatedRBA , which has witnessed a significant price decline in the past four weeks, and it has seen negative earnings estimate revisions for the current quarter and the current year. A Zacks Rank #5 (Strong Sell) further confirms weakness in RBA. A key reason for this move has been the negative trend in earnings estimate revisions. For the full year, we have seen eight estimates moving down in the past 30 days, compared with one upward revision. This trend has caused the consensus estimate to trend lower, going from 94 cents a share a month ago to its current level of 87 cents. Also, for the current quarter, Ritchie Bros. Auctioneers has seen seven downward estimate revisions versus no revisions in the opposite direction, dragging the consensus estimate down to 19 cents a share from 24 cents over the past 30 days. The stock has also seen some pretty dismal trading lately, as the share price has dropped 12.6% in the past month. R itchie Bros. Auctioneers Incorporated Price and Consensus Ritchie Bros. Auctioneers Incorporated Price and Consensus | Ritchie Bros. Auctioneers Incorporated Quote So it may not be a good decision to keep this stock in your portfolio anymore, at least if you don't have a long time horizon to wait. If you are still interested in the Auction and Valuation Services industry, you may instead consider a better-ranked stock - Copart, Inc. CPRT . The stock currently carries a Zacks Rank #2 (Buy) and may be a better selection at this time. You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here . Zacks' Hidden Trades While we share many recommendations and ideas with the public, certain moves are hidden from everyone but selected members of our portfolio services. Would you like to peek behind the curtain today and view them? Starting now, for the next month, I invite you to follow all Zacks' private buys and sells in real time from value to momentum...from stocks under $10 to ETF to option movers...from insider trades to companies that are about to report positive earnings surprises (we've called them with 80%+ accuracy). You can even look inside portfolios so exclusive that they are normally closed to new investors. Click here for Zacks' secret trade>> Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Ritchie Bros. Auctioneers Incorporated (RBA): Free Stock Analysis Report Copart, Inc. (CPRT): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""After-Hours Earnings Report for November 21, 2017 : CRM, HPQ, HPE, CPRT, GME, GES, CAL, QADA, SE The following companies are expected to report earnings after hours on 11/21/2017. Visit our Earnings Calendar for a full list of expected earnings releases. Salesforce.com Inc ( CRM ) is reporting for the quarter ending October 31, 2017. The computer software company's consensus earnings per share forecast from the 13 analysts that follow the stock is $0.14. This value represents a 366.67% increase compared to the same quarter last year. CRM missed the consensus earnings per share in the 1st calendar quarter of 2017 by -50%. Zacks Investment Research reports that the 2018 Price to Earnings ratio for CRM is 268.43 vs. an industry ratio of 56.40, implying that they will have a higher earnings growth than their competitors in the same industry. HP Inc. ( HPQ ) is reporting for the quarter ending October 31, 2017. The computer company's consensus earnings per share forecast from the 5 analysts that follow the stock is $0.44. This value represents a 22.22% increase compared to the same quarter last year. In the past year HPQ has met analyst expectations once and beat the expectations the other three quarters. Zacks Investment Research reports that the 2017 Price to Earnings ratio for HPQ is 13.41 vs. an industry ratio of 4.30, implying that they will have a higher earnings growth than their competitors in the same industry. Hewlett Packard Enterprise Company ( HPE ) is reporting for the quarter ending October 31, 2017. The computer company's consensus earnings per share forecast from the 8 analysts that follow the stock is $0.28. This value represents a 54.10% decrease compared to the same quarter last year. HPE missed the consensus earnings per share in the 2nd calendar quarter of 2017 by -28.57%. Zacks Investment Research reports that the 2017 Price to Earnings ratio for HPE is 10.21 vs. an industry ratio of 75.60. Copart, Inc. ( CPRT ) is reporting for the quarter ending October 31, 2017. The auction company's consensus earnings per share forecast from the 6 analysts that follow the stock is $0.26. This value represents a 7.14% decrease compared to the same quarter last year. In the past year CPRT has met analyst expectations twice and beat the expectations the other two quarters. Zacks Investment Research reports that the 2018 Price to Earnings ratio for CPRT is 25.74 vs. an industry ratio of 21.00, implying that they will have a higher earnings growth than their competitors in the same industry. Gamestop Corporation ( GME ) is reporting for the quarter ending October 31, 2017. The retail company's consensus earnings per share forecast from the 6 analysts that follow the stock is $0.43. This value represents a 12.24% decrease compared to the same quarter last year. GME missed the consensus earnings per share in the 3rd calendar quarter of 2017 by -6.25%. Zacks Investment Research reports that the 2018 Price to Earnings ratio for GME is 4.98 vs. an industry ratio of 21.20. Guess?, Inc. ( GES ) is reporting for the quarter ending October 31, 2017. The textile company's consensus earnings per share forecast from the 3 analysts that follow the stock is $0.11. This value represents a no change for the same quarter last year. Zacks Investment Research reports that the 2018 Price to Earnings ratio for GES is 31.19 vs. an industry ratio of 0.70, implying that they will have a higher earnings growth than their competitors in the same industry. Caleres, Inc. ( CAL ) is reporting for the quarter ending October 31, 2017. The shoes & retail apparel company's consensus earnings per share forecast from the 3 analysts that follow the stock is $0.85. This value represents a 4.94% increase compared to the same quarter last year. Zacks Investment Research reports that the 2018 Price to Earnings ratio for CAL is 14.19 vs. an industry ratio of 16.60. QAD Inc. ( QADA ) is reporting for the quarter ending October 31, 2017. The business software company's consensus earnings per share forecast from the 2 analysts that follow the stock is $-0.04. This value represents a 166.67% decrease compared to the same quarter last year. In the past year QADA has met analyst expectations twice and beat the expectations the other two quarters. Zacks Investment Research reports that the 2018 Price to Earnings ratio for QADA is -212.22 vs. an industry ratio of 36.80. Sea Limited ( SE ) is reporting for the quarter ending September 30, 2017. The internet services company's consensus earnings per share forecast from the 2 analysts that follow the stock is $-0.50. This value represents a 100.05% decrease compared to the same quarter last year. Zacks Investment Research reports that the 2017 Price to Earnings ratio for SE is -10.12 vs. an industry ratio of 34.50. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Copart Reports Q1 Adj. EPS $0.33 vs $0.27 Est., Sales $419.2M vs $381M Est."", ""Earnings Scheduled For November 21, 2017"", ""Copart beats by $0.06, beats on revenue"", ""What Falling Estimates & Price Mean for Ritchie Bros. Auctioneers (RBA)""]"
CPRT,2017-11-22,9.6575,10.345,9.6575,10.2525,"[""Copart's (CPRT) CEO Jay Adair on Q1 2018 Results - Earnings Call Transcript"", ""Indexes End Mixed As 2 Sectors Dominate; Oil Settles At 2-Year High"", ""Mid-Day Market Update: Copart Rises On Earnings Beat; Sunshine Heart Shares Slide"", ""35 Stocks Moving In Wednesday's Mid-Day Session"", ""Mid-Afternoon Market Update: Dow Drops 75 Points; Cleantech Solutions International Shares Spike Higher"", ""Mid-Afternoon Market Update: Dow Drops 75 Points; Cleantech Solutions International Shares Spike Higher"", ""35 Stocks Moving In Wednesday's Mid-Day Session"", ""Mid-Day Market Update: Copart Rises On Earnings Beat; Sunshine Heart Shares Slide"", ""Indexes End Mixed As 2 Sectors Dominate; Oil Settles At 2-Year High"", ""Copart's (CPRT) CEO Jay Adair on Q1 2018 Results - Earnings Call Transcript"", ""Consumer Sector Update for 11/22/2017: GME,CPRT,GES Top Consumer Stocks WMT -0.16% MCD +0.36% DIS -0.09% CVS +0.51% KO -0.33% Consumer stocks were narrowly mixed this afternoon, with shares of consumer staples companies in the S&P 500 falling almost 0.3% while shares of consumer discretionary firms in the S&P 500 were climbing more than 0.1%. In company news, Gamestop ( GME ) shares advanced as much as 12% on Wednesday, topping out at $18.70 apiece, after the specialty retailer reported an increase in its Q3 net income compared with year-ago levels, beating Wall Street expectations as net sales also rose over last year. Excluding one-time items, the company earned $0.54 per share during the three months ended Oct. 28, up from $0.49 per share during the same quarter last year and exceeding the Capital IQ consensus expecting $0.43 per share. Revenue grew 1.5% year over year to $1.99 billion, just edging past the $1.98 billion analyst mean. The company also repeated its FY17 outlook expecting adjusted net income in a range of $3.10 to $3.40 per share, straddling the $3.34 per share Street view. Following last night's financial results, analysts at The Benchmark Company today reiterated their Sell investment recommendation for Gamestop shares and trimmed their price target by $3 to $15 a share. In other sector news, (+) CPRT, (+10.2%) Reports adjusted fiscal Q1 net income of $0.33 per share, improving on a $0.28 per share non-GAAP profit during the same quarter last year and beating the Capital IQ consensus by $0.06 per share. Revenue rises 21.2% to $419.2 million, topping the $382.1 million analyst mean. (-) GES, (-13.1%) Q3 revenue climbs 3.3% over same quarter last year to $554.1 million, trailing the Capital IQ consensus by around $15.7 million. Also reports non-GAAP EPS of $0.12, up 9.1% over year-ago adjusted profit and matching the analyst mean. Sees FY17 sales growing 6.0% to 6.5%, just under Street view expecting 6.7% increase in sales. Q4 sales forecast also lags. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. Copyright (C) 2016 MTNewswires.com. All rights reserved. Unauthorized reproduction is strictly prohibited. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""What Happened in the Stock Market Today Stocks had a quiet Wednesday, and the Dow Jones Industrial Average (DJINDICES: ^DJI) and the S&P 500 (SNPINDEX: ^GSPC) ended the session with small losses. Today's stock market Data source: Yahoo! Finance. Rising crude prices gave a boost to energy stocks, and the SPDR S&P Oil & Gas Exploration & Production ETF (NYSEMKT: XOP) gained 1.7%. Gold rose, too; the SPDR Gold Shares ETF (NYSEMKT: GLD) closed up 0.9%. As for individual stocks, Copart (NASDAQ: CPRT) shares shot up on strong sales and profits, and Guess? (NYSE: GES) disappointed investors with its latest sales numbers and its outlook for the rest of the year. Copart reports strong growth Shares of online auto auctioneer Copart soared 11.7% after the company announced fiscal first-quarter results that greatly exceeded analysts' expectations. Revenue increased 21% to $419 million and non-GAAP earnings per share jumped 18% to $0.33. Analysts were expecting the company to earn $0.26 per share on sales of $379 million. Service revenue increased 21.8% and vehicle sales were up 15.8%. Hurricane Harvey resulted in increased volumes of vehicles for Copart to salvage and sell, but the profits won't appear in full until the second half of the fiscal year. In the first quarter, the company incurred costs of $35.8 million and generated $18.6 million in revenue from hurricane-related vehicle sales, for a net loss of $17.2 million before taxes. Copart had warned analysts last quarter that Harvey was going to add to costs in the Q1 without showing up as sales until the third or fourth quarter. The market had braced for a worse result on the top and bottom lines, and the fact that the company could turn around sales of salvaged vehicles so quickly had investors bidding up shares to an all-time high. Guess? shares tumble on sales growth concerns Denim specialist Guess reported disappointing sales numbers for the third fiscal quarter and lowered guidance for the full year, causing the stock to drop 12.9%. Revenue was up 3.3% to $554 million, but analysts were expecting $570 million. Guidance for full-year revenue growth was lowered from a range of 6%-7.5% to a range of 6%-6.5%. Adjusted earnings per share was up a penny from last year to $0.12. Sales in the Americas region decreased 14.3% in constant currency terms on a decline in comparable sales of 11%. That weakness was expected, but sales into Europe, now the company's largest segment, grew less than the company had predicted three months ago. Europe revenue increased 11.9% in constant currency on comp growth of 4%. The company had guided toward sales growth in the high teens and comps in high single digits to low double digits. Asian sales met expectations with a revenue increase of 18.5% on comps growth of 5%, excluding currency effects. Looking ahead, CEO Victor Herrero was optimistic about sales overseas and profit improvements at home. \""Overall, as I peek into the future of our Company, I believe that Europe and Asia still offer a lot of opportunity and should continue to grow double-digits next year,\"" he stated in the press release. \""I expect the profitability in the Americas to continue to benefit from our cost reduction and margin improvement initiatives.\"" Offer from The Motley Fool: The 10 best stocks to buy now Motley Fool co-founders Tom and David Gardner have spent more than a decade beating the market. In fact, the newsletter they run, Motley Fool Stock Advisor , has tripled the S&P 500!* Tom and David just revealed their ten top stock picks for investors to buy right now. Click here to get access to the full list! * Stock Advisor returns as of Nov. 6, 2017. Jim Crumly has no position in any of the stocks mentioned. The Motley Fool recommends Copart and Guess?. The Motley Fool has a disclosure policy . The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Copart Earnings Plummet on Expected Costs Online automotive auction company Copart (NASDAQ: CPRT) saw its revenue climb in the first quarter of fiscal 2018, but earnings took a nosedive as the company paid \""abnormal\"" -- but expected -- sums of money to house vehicles in the wake of Hurricane Harvey. Copart results: The raw numbers Data source: Copart. What happened with Copart this quarter Total revenue jumped by 21% year over year, to $419.2 million. Service revenue was $374 million in the quarter, an increase of nearly 22% from last year. Gross margins improved by more than 12% year over year. GAAP operating income increased by more than 18%, to $123.9 million. Total operating expenses increased by more than 22% year over year, to $295.2 million. Most of the expense increases came from vehicle yard operation costs, which jumped by 31% year over year. Copart was expecting operating costs to increase as a result of storage facility, labor, and equipment lease expenses to cover an influx of vehicles damaged by Hurricane Harvey. What management had to say The company explained in its press release that the massive drop in earnings came as operating expenses skyrocketed: \""The operating results for the three months ended October 31, 2017 were adversely affected by abnormal costs of approximately $35.8 million incurred as a result of Hurricane Harvey.\"" This shouldn't come as a surprise to investors, considering that Copart CEO Jayson Adair said on the fourth-quarter earnings call that the beginning of the 2018 fiscal year would bring \""significant costs.\"" Copart is in the process of moving and storing hurricane-damaged vehicles, and that means the company has had to spend lots of its resources on equipment leases, renting extra space, and moving around employees. \""These costs included temporary storage facilities; premiums for subhaulers; labor costs incurred from overtime; travel and lodging due to the reassignment of employees to the affected region; and equipment lease expenses to handle the increased volume,\"" the company said in a statement. Looking ahead Copart doesn't like to offer forward guidance, but investors should expect the current expenses to continue impacting the company until later this year. Copart's management said last quarter that the expenses from Hurricane Harvey will carry through the next few quarters, and that auction revenue (from the sales of the vehicles) probably won't be seen until the third or fourth quarter of fiscal 2018. This means that Copart isn't likely to see its bottom line grow until the vehicles' costs subside and after the company is able to start selling the extra vehicles its picked up from the hurricane. Investors will have to remain patient while they wait to see if, and by how much, the company's current expenses pay off. 10 stocks we like better than Copart When investing geniuses David and Tom Gardner have a stock tip, it can pay to listen. After all, the newsletter they have run for over a decade, Motley Fool Stock Advisor , has tripled the market.* David and Tom just revealed what they believe are the 10 best stocks for investors to buy right now... and Copart wasn't one of them! That's right -- they think these 10 stocks are even better buys. Click here to learn about these picks! *Stock Advisor returns as of November 6, 2017 Chris Neiger has no position in any of the stocks mentioned. The Motley Fool recommends Copart. The Motley Fool has a disclosure policy . The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Why Copart, Inc. Stock Popped Today What happened Shares of Copart Inc. (NASDAQ: CPRT) were up 10.5% as of 1:30 p.m. EST Wednesday after the online vehicle auction services specialist announced stronger-than-expected fiscal first-quarter results. More specifically, Copart's quarterly revenue climbed 21% year over year to $419.2 million, which translated to adjusted (non- GAAP ) earnings of $77.1 million, or $0.33 per diluted share. Copart doesn't provide specific quarterly financial guidance, but both the top and bottom lines were well ahead of investors' expectations for earnings of $0.27 per share on revenue of $377.4 million. So what Within Copart's top line, service revenue climbed 21.8% year over year to $374.1 million, while vehicle sales revenue grew 15.8% to just over $45 million. Copart's operating results also included $35.8 million in abnormal costs related to Hurricane Harvey during the quarter, including temporary storage facilities, subhauler premiums, overtime labor, equipment leases to handle increased volume, and travel and lodging expenses for reassigned employees. Net of the roughly $18.6 million in revenue associated with that increased volume, Copart incurred a pre-tax loss of roughly $17.2 million from the hurricane. Now what Even so, that only partially accounts for Copart's top-line outperformance this quarter. And those storm-related losses make its relative earnings beat all the more impressive. So even with shares trading at a 52-week high heading into this report, it's no surprise to see Copart stock rallying even higher Wednesday. 10 stocks we like better than Copart When investing geniuses David and Tom Gardner have a stock tip, it can pay to listen. After all, the newsletter they have run for over a decade, Motley Fool Stock Advisor , has tripled the market.* David and Tom just revealed what they believe are the 10 best stocks for investors to buy right now... and Copart wasn't one of them! That's right -- they think these 10 stocks are even better buys. Click here to learn about these picks! *Stock Advisor returns as of November 6, 2017 Steve Symington has no position in any of the stocks mentioned. The Motley Fool recommends Copart. The Motley Fool has a disclosure policy . The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Mid-Afternoon Market Update: Dow Drops 75 Points; Cleantech Solutions International Shares Spike Higher"", ""35 Stocks Moving In Wednesday's Mid-Day Session"", ""Mid-Day Market Update: Copart Rises On Earnings Beat; Sunshine Heart Shares Slide"", ""Indexes End Mixed As 2 Sectors Dominate; Oil Settles At 2-Year High"", ""Copart's (CPRT) CEO Jay Adair on Q1 2018 Results - Earnings Call Transcript""]"
CPRT,2017-11-24,10.2875,10.625,10.2675,10.615,"[""Tracking Allan Mecham's Arlington Value Capital Portfolio - Q3 2017 Update"", ""Strength Seen in Copart (CPRT): Stock Soars 11.7%"", ""40 Biggest Movers From Wednesday"", ""5 Biggest Price Target Changes For Friday"", ""5 Biggest Price Target Changes For Friday"", ""40 Biggest Movers From Wednesday"", ""Strength Seen in Copart (CPRT): Stock Soars 11.7%"", ""Tracking Allan Mecham's Arlington Value Capital Portfolio - Q3 2017 Update"", ""Strength Seen in Copart (CPRT): Stock Soars 11.7% Copart, Inc.CPRT was a big mover last session, as the company saw its shares rise more than 11% on the day. The move came on solid volume too with far more shares changing hands than in a normal session. The stock picked up sharply from the near-flat trend of $35.55 to $36.70 in the past one-month time frame. The move came after the company reported stellar first-quarter fiscal 2018 results. The company has not seen any estimate revisions in the past one month, while the Zacks Consensus Estimate for the current quarter has also remained unchanged. The recent price action is encouraging though, so make sure to keep a close watch on this firm in the near future. Copart currently has a Zacks Rank #2 (Buy), while its Earnings ESP is positive. Copart, Inc. Price Copart, Inc. Price | Copart, Inc. Quote Investors interested in the Business Services sector may consider FTI Consulting, Inc. FCN , which has a Zacks Rank #1 (Strong Buy). You can see the complete list of today's Zacks #1 Rank stocks here . Is CPRT going up? Or down? Predict to see what others think: Up or Down More Stock News: This Is Bigger than the iPhone! It could become the mother of all technological revolutions. Apple sold a mere 1 billion iPhones in 10 years but a new breakthrough is expected to generate more than 27 billion devices in just 3 years, creating a $1.7 trillion market. Zacks has just released a Special Report that spotlights this fast-emerging phenomenon and 6 tickers for taking advantage of it. If you don't buy now, you may kick yourself in 2020. Click here for the 6 trades >> Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report FTI Consulting, Inc. (FCN): Free Stock Analysis Report Copart, Inc. (CPRT): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""5 Biggest Price Target Changes For Friday"", ""40 Biggest Movers From Wednesday"", ""Strength Seen in Copart (CPRT): Stock Soars 11.7%"", ""Tracking Allan Mecham's Arlington Value Capital Portfolio - Q3 2017 Update""]"
CPRT,2017-11-27,10.6625,10.6991,10.4425,10.4425,"Copart (CPRT) Q1 2018 Earnings Conference Call Transcript Copart (NASDAQ: CPRT) Q1 2018 Earnings Conference Call Nov. 22, 2017 11:00 a.m. ET Contents: Prepared Remarks Questions and Answers Call Participants Prepared Remarks: Operator Good day, everyone, and welcome to the Copart Incorporated Q1 fiscal 2018 earnings call. Just a reminder, today's conference is being recorded. For opening remarks and introductions, I would like to turn the call over to Mr. Jay Adair, Chief Executive Officer of Copart Incorporated. Please go ahead, sir. Jay Adair -- Chief Executive Officer Thank you, Chantel. Good morning, everyone, and welcome to the Q1 earnings release conference call for 2018. With me, in the room today is Jeff Liaw, CFO and Will Franklin, Executive Vice President for Copart. With that, will turn it over to Jeff Liaw who will give you some color commentary and then over to Will Franklin and then we will open up for questions. So, it's my pleasure to introduce Jeff Liaw. Jeff Liaw -- Chief Financial officer Thanks, Jay. I'll start with the safe harbor. During today's call, we'll discuss certain non-GAAP measures including non-GAAP net income per diluted share which includes adjustments to reverse the effect of foreign currency related gains and losses, impairment of long-lived assets, certain income tax benefits, foreign income tax credit limitations and payroll taxes related to accounting for stock option exercises. We've provided a reconciliation of these non-GAAP financial measures to the most directly comparable GAAP measures on our website under the 'Investor Relations' link and in our press release issued yesterday. We believe the presentation of these non-GAAP measures together with our corresponding GAAP measures is relevant in assessing Copart's business trends and financial performance. We analyzed our results on both GAAP and non-GAAP basis described above. In addition, this call may contain forward-looking statements within the meaning of federal securities laws which are subject to substantial risks and uncertainties that could cause actual results to differ materially from those projected or implied by our statements and comments. For a complete discussion of these risks that could affect our business, please review the 'Management's Discussion and Analysis' portions in our related periodic reports filed with the SEC. We do not undertake to update any forward-looking statements that may be made from time to time on our behalf. Now, turning to the Q1, Copart enjoyed another record Q1 in unit sales revenue gross profit and operating income. As you can see in the press release, we grew global revenue by 21% year over year for the Q1. The underlying factor this year was slightly beneficial year-over-year currency effect of 1.7 million dollars on foreign operations primarily due to relative strength in the British Pound after lapping the BREXIT event in June of the last year 2016. Excluding the effect of hurricane Harvey, revenue grew by 15.8%. A little color on this front. Under current revenue recognition guidelines, we do recognize revenue for certain pre-auction services we provide including, for example, towing and flood cleanup services. As a result, we boosted the revenue for some cars not yet sold through our auctions. We enjoyed global unit sales growth of 10% with US growth of 11% and international growth of 5%. US unit growth was driven primarily by market growth, territory wins, new customer wins as well as the effects of catastrophic events and acquisitions. If we exclude catastrophic events from both periods, last year and this year, for the Q1, US unit sales grew by 10.6% year over year. Excluding acquisitions, US unit sells grew at 8.3%. Turning to inventory. This is again the non-GAAP inventory measures. These are literally the cars in Copart facilities. Global inventory grew by 17.5%. Excluding [inaudible] inventory from both periods, inventory growth would have been approximately 7% for the period with less than 1% of the inventory growth attributable to acquisitions. Our service revenue grew 67 million dollars year-over-year or 21.8%. Our purchased car revenue growth of 6.1 million dollars or 15.8%, continuing the trend you've seen in recent quarters as we've migrated business from principal to agency arrangements. Our gross profit grew from 145.3 million to 163.3 million with a decrease in gross margins from 42% to 38.9% which is a mix of offsetting factors. I'll start first with the favorable gross margin and gross profit driver of an increase in average selling prices for our cars. In the U.S., we experienced an increase year over year of almost 14% in average selling prices largely due to increased selling prices for our insurance carrier source cars due to a combination of factors which we will expound upon further along in this call but a few things of note. The first is that we are observing newer cars being totaled. We're also seeing less severely damaged cars being totaled. For our auctions, despite seeing substantial unit growth year over year, we're seeing heightened bidding activity in excess of unit growth, meaning we have more bidders and more bids per car that we're listing. We are also benefiting from what appears to be a strong used car price environment. The Manheim Index is up almost 6% year over year with 6 consecutive record months. And lastly, we are experiencing a reasonably sound scrap environment, up 11% year over year. The unfavorable driver of gross margin rate and gross profit for the period, of course, is the catastrophic expenses we incurred in the period of approximately 36 million dollars. In a catastrophic event, we incurred two types of cost including first, unit-related expenses such a sub-haul expenses and flood cleanup services as well as period expenses such as rent for temporary facilities, personnel, and travel-related expenses. In this period, we incurred substantial expenses on both fronts. Per our prior discussion about revenue, because we incurred the majority of our sub-haul and flood cleanup expenses in this period, our future mix of catastrophic costs will shift more toward ongoing period expenses including rent, people, and travel. The net effect for us in this quarter of hurricane Harvey was an approximately 17 million dollars pre-tax loss. Over the full lifetime of hurricane Harvey, we expect to incur a net loss to serve our customers. Turning to general and administrative expenses, we were down from 35.2 million last year to 34 million this year ex-DNA. This is largely the result of lapping 5.2 million dollars in payroll taxes from a year ago in connection with certain executive stock options exercises. Excluding this, [inaudible] increased by 4 million dollars, approximately half of which is attributable to acquisitions and the balance organic. Our GAAP operating income grew from 104.8 million dollars to 123.9 or 18%. If we normalized simply for the payroll expenses incurred last year, operating income was up 13%. As noted previously, our net catastrophic losses this quarter of 17 million dollars, so excluding this event and also normalized for payroll expenses, operating income grew by some 28% year over year. Our net interest expense for the quarter was down from 5.6 million to 5.4, due largely to a lower funded debt balance. Last note on the P&L. On non-GAAP net income, grew from 66.3 million to 77.1 million, a growth of 16%. This excludes the book tax benefits of our early adoption of ASU 2016-09 regarding the tax treatment of certain stock option exercises. This also excludes US 3 million dollars as a loss on the disposal of certain non-operating assets. A tidbit here worth noting, when we acquire real estate, we allocate purchase price based on market values to land, buildings, and improvements. In this case, we demolished certain buildings acquired almost 10 years ago because we had a higher and better use of that capacity which is for storage capacity for our vehicles. After adjusting for the stock split, year-over-year non-GAAP share counts up slightly from 234.7 million to 236.8 million with the majority of this increase attributable to the effect of a higher stock price. The bottom line is a 15% increase in non-GAAP fully diluted earnings per share. One last note on cash flow and I'll turn it over to Will. Operating cash flow for the quarter of 93.3 million dollars compared to 74 0.3 million a year ago due to a combination of factors including increased cash earnings. Our capital expenditures in the quarter were approximately 41.5 million of which approximately 70% is for land and development, continuing the theme you've heard us talk about in prior calls, our 2020 program to grow capacity to serve our customers. With that, I'll turn it to our EVP, Will Franklin. Will Franklin -- Executive Vice President Thank you, Jeff. Let me add a few comments, provide some color on our performance in the quarter as well as some color on what's going on in the industry. Copart delivered another strong quarter. This quarter we grew our worldwide revenue and EBIT by $73.2 and $19.19 respectively. Excluding the impact of hurricane Harvey, our revenue and EBIT growth would have been 54.7 million and 36.5 million dollars respectively and the growth rate in revenue and EBIT would have been 15.8% and 34.8% respectively. In North America, our revenue growth excluding the impact of Harvey was 49.9 million dollars or 17.3%. In North America, non-Harvey unit volume was up 9.6% and was driven by organic growth and market wins. In the insurance car market, we continued growth in our non-insurance business and our recent NPA acquisition. We continued to experience growth in the overall salvage car market. Despite the introduction of accident avoidance technology as propagation throughout the car park, accident frequency continues to grow. According to independent fiscal services, the average quarterly growth in the number of paid collision claims for the last 18 quarters has been 4.7% and in the last quarter reported, the growth was 0.3%. However, even more impactful than the increase in claims frequency is the increase in the total loss frequency which over the last 7 quarters has grown at an average rate of 6.7%. Total loss frequency is the percentage of time that a car involved in a claim is sold rather of that repaired or restored. It is important to note that the growth in total loss frequency as incurred in an environment of increasing used car values. We see nothing in the near future to suggest an abatement in the growth in either claim frequency or total loss frequency. In North America, our quarterly insurance volume has grown in absolute unit terms at an average rate of 12% since the beginning of our fiscal 2015. We also continue to see growth in volume from our non-insurance suppliers. These suppliers include franchise and independent dealers, finance companies who give us the repossession of these vehicles, charities, municipalities, equipment dealers and brokers. On a quarter-over basis, volume from the franchise and independent dealers grew by 23%. These cars are typically rent-a-drive cars, yielding higher ASPs with higher profitability and bearing a shorter cycle time. Overall growth excluding NPA and our non-insurance volume was 13%. In North America, excluding the impact of Harvey, our revenue per car on a quarter-over basis was up approximately 7%. Revenue increased due primarily to higher ASPs. Used car pricing was up almost 5.9% and we saw a beneficial change in the mix of vehicles sold at auction as we saw a meaningful decreased in the number charity cars and a significant increase in dealer cars and we added to our mix the motorcycles from NPA which carried a higher ASP and higher revenue per transaction. We are also seeing what we believe to be a less severely damaged car being totaled by the insurance companies. Finally, we saw an increase in revenue from sellers as we adjusted our pricing to certain sellers to more accurately reflect the valuable land utilized in our operations. We are also seeing the benefit of our marketing efforts to our international buyers and the impact it's having on our ASPs. Total bids from international buyers were over 35% higher than the same quarter last year and included for the first time bids from Albania, Turkmenistan, and Gibraltar. In North America, the value of products sold to international buyers increased to 21.9% from 19.8% for the same quarter last year. Turning to the U.K., we saw a marginal decline in units sold resulting in part from our decision to eliminate less profitable programs. Nevertheless, expressed in GBP, revenue grew by 1.1% and gross margin grew by 6.8% and we continued to focus on the more profitable markets. We can change to see meaningful progress in Germany [inaudible] by weekly auctions for three insurance suppliers of two major rental car companies. Auction buyer participation is exceeding our expectation as a number of participants and the number of unique bidders per auction is higher than those same metrics for the US. Returns achieved through our Copart auctions in Germany significantly exceed those achieved through the existing remarketing convention in which vehicles are placed on listing board for a period of two days and high bids are accepted to a 21-day contingency period in which the seller may withdraw the offer. Key to our growth in Germany is the expansion of our network of facilities. In addition to the soul operational facilities which are located near Hanover, we have purchased, are in the process of developing two new facilities in northern Germany, one near Berlin and the other near Leipzig. We expect to begin phasing-in operations at these locations within six months. We continue our efforts to open at least three other facilities in Germany, one in the western and two in the southern areas of the country. We're also seeing meaningful progress in Brazil where volume was up 21% and EBIT contribution was up 140%. Nevertheless, on an overall basis for the quarter, our operations outside of North America and the UK while profitable remain immaterial in both revenue and EBIT. At the end of the quarter, our North America revenue was up approximately 20%. Excluding [inaudible], North America inventory was up more than 8%. Inventory outside of North America remained relatively flat. On a consolidated basis and excluding the abnormal operating costs associated with hurricane Harvey, our average cost to process each car remained relatively consistent with the same quarter last year. We remain focused on controlling our G&A expense and we are pleased with our efforts to gain leverage by limiting its growth. The total G&A expense for the quarter was 34 million dollars and included 1.8 million dollars of additional G&A expense associated with the NPA operations. Excluding the additional NPA cost, G&A remained very consistent with the prior three quarters despite increases in both unit volume and the number of yards. It should be noted that extreme weather events, as cited by CCC, are occurring more frequently and are impactful to our volumes and operations. In 2016, the insurance industry experienced 750 extreme weather events. In 2015, that number was 730. During the 10-year period ending in 2015, the average number of events per year was 590. [Inaudible] and our ability to address them on behalf of our insurance customers are becoming an increasingly important part of our service offerings. Our goal of providing an immediate land capacity to our insurance customers during the [inaudible] along with the continuing organic growth in the insurance market and our growth in the noninsurance business is driving our need for more land. During the last fiscal year, we opened 12 new yards and we expanded 15 existing locations. In total, we added almost 700 acres of capacity. Our expansion activities continued into this quarter and will continue throughout the year. During the quarter we opened two new yards, one in Exeter, Rhode Island, and one Andrews, Texas. In addition, we expended seven existing locations and opened one sub-lot. In total, we added approximately 226 acres of new capacity. With the new yards and the new expansions already in the construction phase including [inaudible] yards in Houston, North Carolina, New Jersey and Alabama, we could add another 1000 acres during the remainder of this fiscal year. That concludes my comments on the quarter. Chantel, we will turn the call back over to you for the Q&A session. Jay Adair -- Chief Executive Officer Chantel. Questions and Answers: Operator Thank you very much. Ladies and gentlemen, at this time, if you would like to ask a question, you may press star 1 on your touchtone phone now. Once again, to ask a question, please press star 1 on your touchtone phone now. Our first question will come from Bob Labick, CJS Securities. Bob Labick -- CJS Securities Good morning and congratulations on a nice start to fiscal 2018. Jeff Liaw -- Chief Financial officer Thank you, Bob. Bob Labick -- CJS Securities I want to start with the NPA, the National Power Sports. What did you learn since you've had it in the fold? How's it going versus your expectation expectations and are you looking at additional adjacent growth opportunities? Are there any on the radar now or how should we think about [inaudible]? Jeff Liaw -- Chief Financial officer Thanks, Bob. So, the National Power Sports acquisition, I think, we completed in June of this year and it has performed according to our expectations. We acquired the business believing, as you may recall from our prior discussion that but it was both an excellent stand-alone investment as a company well positioned in an attractive marketplace with room to grow ahead of it and it was also very strategically relevant to us given our recent focus on the power sports arena with crash toys and otherwise that it would ultimately help us serve our existing customers as well. That piece has remained very much intact. The company's performing well. The team is excited to be part of the family as well. So, no surprises there. Bob Labick -- CJS Securities Okay. Jeff Liaw -- Chief Financial officer And then the question about other, not particularly, I think we wouldn't speculate on any forward-looking M&A activity but no, it's not per se part of the systemic program. Bob Labick -- CJS Securities Okay, great. And then congratulations on the progress in Germany. You've answered many of my questions there. So, I'll just shift to, I think, the other news on the call which is really interesting was the positive pricing on US insurance cars. Can you talk a little bit about how we should think about how much of this is perhaps temporary as a result of used car prices were up because of the hurricane? How much is it a structural shift? And what are the drivers behind that shift of newer cars being totaled? Will Franklin -- Executive Vice President I think that what we're seeing is it's not a one-time event. I think it's a trend. I think what's happening is we're saying the increase in repair costs driven by a number of different factors and we've talked about this very extensively, the complexities of the cars, the exotic metals. We're also seeing consolidation in the repair industry where it's predicted by the year 2020, 45% of all repairs will be handled by MSOs. All these are leading to an increase in repair cost which in turn are leading to a higher salvage frequency in the new and more complex cars. Bob Labick -- CJS Securities Okay, super. Well, thank you very much. Jeff Liaw -- Chief Financial officer Thanks, Bob. Operator Thank you very much. Our next question will come from Craig Kennison, Baird. Craig Kennison -- Robert W. Baird Good morning. Thank you for taking my questions as well. I wanted to ask about Harvey first of all. I think on the last call you said you were assigned 85,000 vehicles. I'm wondering how many of those have you actually sold and how many remain to be sold? Jeff Liaw -- Chief Financial officer So, the sales of the units this quarter of approximately 12,000 or thereabouts and the pickup activity, they're still staggered. We, by and large, completed the pickups in this quarter. Craig Kennison -- Robert W. Baird Got it. Will Franklin -- Executive Vice President Just to point out again what Jeff said previously, the majority of the expenses associated with processing these cars, the recovery and the storage and [inaudible] land occurs at the very beginning of the process, right up to the assignment and that's why you see the loss generated in this quarter. So, you see some choppiness in the impact of the storm on our financial results for the next couple of quarters but on an overall basis, we expect to have a loss. Craig Kennison -- Robert W. Baird Yeah, that's very helpful, as you frame it. And maybe following up on that, well, of the 36 million costs reported associated with Harvey, does that include all the cost to process the cars or just the abnormal costs above and beyond what it would normally take to process the vehicle. Will Franklin -- Executive Vice President That's the abnormal cost and primarily is due to the extra storage, the extra labor cost and primarily extra towing cost. Craig Kennison -- Robert W. Baird Thank you. And then shifting gears, the incremental margin in the quarter look to be fantastic. I mean, your EBIT margin on a quarterly basis appeared to be up almost 500 basis points based on our math. I mean, how sustainable is that trend? What is really driving that incremental profitability and, again, how sustainable is it? Jeff Liaw -- Chief Financial officer Well, we [inaudible] providing a forward-looking guidance, as you know, Craig. There's nothing particularly distorting the quarter, I'd say, meaning beside the [inaudible] obviously which we helped to normalized for you. So, you're seeing the benefits in some cases of some operating leverage, some strong unit growth, leveraging our existing facilities and infrastructure. You're seeing of course of G&A has not grown anywhere near the rate that our revenue and gross profit has. So, I think it's largely operating leverage on the G&A level and then, of course, the selling price phenomenon you heard Will and me both talk about. Craig Kennison -- Robert W. Baird Yeah, makes sense. Hey, congratulations. Thank you. Jeff Liaw -- Chief Financial officer Thank you, Craig. Operator Thank you. Our next will come from John Healy, Northcoast Research. John Healy -- Northcoast Research Thank you. I wanted to follow up on the comment you guys made about the cars that you're seeing completely to the yard being a little bit younger. Is there any way to think about that by kind of bucketing the age of vehicles? I know a lot of the industry data sometimes look at cars less than three years old or three to eight years old and maybe older than 8 years old. Is there a way to think about kind of what you're seeing today in terms of your mix in maybe that 0 to 3 or 3 to 8-year-old car population? Will Franklin -- Executive Vice President John, we don't intend to provide any further data publicly but the logic is what you just described. So, we look at it on a histogram basis how many cars are 0 to 1, 0 to 5, 6 to 10, etc. and that's what yielded the commentary you heard today which is that we are seeing a newer mix of cars in Q1 of this year as compared to the Q1 of last year. Jeff Liaw -- Chief Financial officer I might add another comment that there's another metric that we look at and that's the estimated repair value to the ECV of the car and we're saying what we hope, we think, is a trend of cars being totaled at a lower repair to ECV ratio. John Healy -- Northcoast Research Okay. And then I wanted to ask about the cost associated with Harvey event. On the kind of processing side, how much of that processing cost you think would stay in until those vehicles are absolutely sold? How much of that kind of what I'd say variable expense line item should we see into Q2 and Q3? Thanks. Jeff Liaw -- Chief Financial officer John, we're not prepared to be more specific on that front except to say that, as you heard from Will, a good chunk of the costs for us are the towing expense and also the flood cleanup. Those expenses were largely incurred in Q1. That said, there is ongoing processing cost, as you might call them, including the rent for temporary facilities, including personnel. So, we still have a lot of extra folks who are on the ground there in person managing the volume we've got as well as the travel and of course expenses that comes from having extra personnel deployed there. So, those expenses will continue in subsequent quarters. John Healy -- Northcoast Research Okay, great. Have a great Thanksgiving, guys. Jeff Liaw -- Chief Financial officer Thank you. Operator Thank you. Our next question will come from Bret Jordan, Jefferies. Bret Jordan -- Jefferies Hey, good morning, guys. What are you seeing on title transfer time [inaudible] Harvey? Is the product moving pretty quickly? And it seems like you've got, is it 70,000 odd cars left to clear? Will Franklin -- Executive Vice President No, we don't have 70,000 left to clear but yeah we have seen a slowdown and it's just the capacity of the states that process these titles. We're doing everything that we can on our end and initially, we saw times that were consistent with what we would expect in normal operations but more recently we've seen a slowdown. Bret Jordan -- Jefferies Okay. I think you said that you had 85,000 assignments on the last quarter conference call and you said you had done 12,000 on Q1 or. So, are there fewer than 70,000 remaining? Will Franklin -- Executive Vice President No, we've got more than that but what we're dealing with right now, Bret, is we've already sold more cars in November than we sold in last quarter. So, trying to do the math when we're selling at such a fast rate, I think two things from listening to that question is the majority of the vehicles will be sold in this quarter. So, in Q2, the quarter we're in now, we're going to unload the majority of those vehicles, we will be selling the remaining Q3 and Q4 but the majority will go in Q2. The second thing I would say is because we've incurred, what Jeff said, 17 million of expense ... Jeff Liaw -- Chief Financial officer 36 million in expense, 19 of revenue. So, 17 million net loss. Will Franklin -- Executive Vice President 17 million dollars net in the last quarter, it'll be profitable going [inaudible]. They're going to benefit Q2, they're going to benefit Q3 and benefit Q4 but overall we will lose, as we explained earlier. Bret Jordan -- Jefferies Okay, great. I a couple times in your prepared remarks you mentioned account wins. Is there anything meaningful shifting on the insurance side? Jeff Liaw -- Chief Financial officer Nothing that we would identify specifically. We're always competing for business [inaudible] competitive market but we're also always trying to improve our service offerings and our products and I think we're doing a very good job in doing that. Bret Jordan -- Jefferies Okay, great. And then you said 1000 acres possible in the balance of fiscal 2018. Would that get you to sort of where you need to be from a real estate standpoint or are we looking against 2019, growing real estate beyond that level? Will Franklin -- Executive Vice President If the trends continue, we're seeing 10% growth in just the insurance salvage market. That means we'd have to add 700 or 800 acres a year to keep pace. And in addition to that, we've employed or a new approach to [inaudible] where we want to be able to land bank large [inaudible] capacity in high-risk areas and that also [inaudible] our need for land. So, I don't see the need for land abating for the next couple of years. Bret Jordan -- Jefferies Okay, great. Thank you. Will Franklin -- Executive Vice President Thanks, Bret. Operator Thank you. Our next question will come from Ben Bienvenu, Stephens Inc. Unidentified Analyst -- Stephens Thanks. I'm [Inaudible] in for Ben. Congrats on a nice quarter. So, G&A is actually down year over year and Jeff, I think you called out that we're a big driver was [inaudible] over a step-up in payroll taxes [inaudible] options. Going forward, do you guys still expect it to on a dollar basis but leveraged as a percentage of sales and is there [inaudible] revenue growth that you need to get that leverage? Will Franklin -- Executive Vice President Well, to answer your question, yes, we expect it to grow and I'm convinced [inaudible] that with the increase of products and technology and volume and land capacity but we also don't expect it to grow as fast as our revenue. So, we think that while it gross, it's still leverageble. Unidentified Analyst -- Stephens Okay, can you maybe talk about what's driving the improvement of that margin? Is there any big call out you're doing or is it a lot of smaller things that are driving these efficiencies? Jeff Liaw -- Chief Financial officer For an earlier question, I think our margins are driven by unit volume leverage. So, the benefits of selling additional units through our facilities, so to speak, so that obviously grows over time as well. The selling prices of our vehicles have been strong. You've heard a fair bit of commentary on that today as well. And then, lastly, I think the point you raised at the outset of your question here which is G&A which grows but typically not at rates anywhere close to the kind of revenue growth rates we're experiencing today. Unidentified Analyst -- Stephens Okay, thanks. And then moving over to Europe, I know you guys have commented that the German market is really representative of the EU. You guys talked about the progress in Germany but are there any other specific European countries you guys are looking to expand into in the near and immediate term. Will Franklin -- Executive Vice President Well, we're currently in Spain and think we have the same opportunity in Spain. We have one existing facility in Madrid and we're currently looking at expanding into the areas of Barcelona and the [Inaudible]. So, I think that would be the next area that we'll probably be focusing our efforts. Unidentified Analyst -- Stephens Okay. Well, that's it from me, guys. Thanks so much. Jeff Liaw -- Chief Financial officer Thank you. Operator Thank you. Our next question will come from Matthew Paige, Gabelli. Matthew Paige -- Gabelli Good morning. Congrats on a nice quarter. Just one question for me today and I know they make up a very small portion of the car park but do you have any color as to how claim or totaling frequency on electric vehicles compares to their traditional counterparts? Jeff Liaw -- Chief Financial officer I think your premise is the right one which is the sample size remains so small but it's in most respects too early to tell. The combination of factors would be electric vehicles are often made out of more complex substrates. So, the panels are more difficult to repair. They also often come with additional safety technologies or cameras on the perimeter which again also further escalates repair costs and could or should lead to total loss rates being higher but it's too early to render a definitive conclusion on the [inaudible]. Matthew Paige -- Gabelli All right, great. Appreciate the color. Happy Thanksgiving. Operator Thank you. Once again, we will take any final question by pressing the star 1 on your touchtone phone. Our next question will come from Gary Prestopino, Barrington Research. Gary Prestopino -- Barrington Hey, good morning, everyone. A couple of questions here. Because a lot of these cars that you're getting in hurricane Harvey are freshwater cars versus saltwater, I know you said you only auctioned off 12,000, a small amount relative to what you've been assigned but can you give us some idea relative to other hurricanes where there has been saltwater damage? Are you seeing a lift in the price of the cars because they're freshwater damage or that doesn't really matter at all? Will Franklin -- Executive Vice President We are, Gary. And I think it goes beyond the nature of the damage. I think that the interest companies and the repair shops are completely overwhelmed by the [inaudible] volume in those areas and I think we're getting better cars than you might in a different environment. So, the ASPs on the Harvey cars are higher than in other [inaudible] than overall company average is. Gary Prestopino -- Barrington Okay, that's helpful. And then did you guys call out what Cycle Express added in revenues this quarter or can you do that for us? Jeff Liaw -- Chief Financial officer We didn't. We just provided the color that the US new sales would have been paid 8.3% excluding [inaudible]. Gary Prestopino -- Barrington Okay, all right. So, you don't call it out. That's fine. And then lastly, you mentioned that you're seeing strong growth on the non-insurance vehicles, particularly on the franchise and independent dealer side. A couple of questions here. Has there been any shift in the amount of cars that are non-insurance? I believe it kind of hovers around 20%. Are you seeing it shift higher now as a percentage? Will Franklin -- Executive Vice President Yes, non-insurance cars are growing as a percentage excluding Harvey of course and that's been driven primarily by cars from the franchise and independent dealerships but there are other segments that have been growing as well. Gary Prestopino -- Barrington I mean, if it was 20%, has the shift been now at 22%, 23% or is that something you just haven't called out? Will Franklin -- Executive Vice President It's something we haven't called out. We talked about the growth in that market itself which was 13% last quarter. Gary Prestopino -- Barrington All right, OK. And then in terms of these non-insurance vehicles, on an overall basis, especially the ones that are trade-ins, are they lifting your cumulative average selling price or are you still looking at maybe the 10 to the 12-year-old car that's going to get $2,000 at an auction. Will Franklin -- Executive Vice President Well, six quarters ago where much of your [inaudible] and non-insurance cars came from charity, it was actually detrimental to our average ASPs but that's no longer the case. So, we've made some adjustments to our approach to charities and we've reduced the number of cars coming from that market. At the same time, we did spend significantly our efforts in the areas of franchise and independent dealerships. We have new programs in place. We have new resources focused on it but probably more importantly, we're getting higher returns than we have been in the past on these types of cars and that's all leading to more volume. Those cars have a higher ASP or [inaudible] to our overall ASPs. Gary Prestopino -- Barrington Thank you. Have a great Thanksgiving. Operator Thank you very much. Our next question will come from Ryan Brinkman, JP Morgan. Samik Chatterjee -- JPMorgan Chase Hi. Good morning. This is Samik on for Ryan Brinkman. I just wanted to get your outlook first on pricing. You have strong momentum when it comes to ASPs this quarter but as we sort of go through the processing of vehicles related to the hurricanes in the coming quarters, do you see it having a sort of a more depressing or a bit of pressure on pricing going forward just given the volumes you will be processing or do you think the mix is strong enough here to offset that? Will Franklin -- Executive Vice President The mix is [inaudible] the hurricane would more than offset the supply factors you just described. So, the typical hurricane car sells for more than our standard insurance sourced vehicle. Samik Chatterjee -- JPMorgan Chase Okay. Then when I look at the cost headwinds you had of 36 million in the quarter and when I compare that to the closest competitor, they had roughly 5 million of costs and I was wondering if you had any thought. I know don't have [inaudible] the exact nature of their cost but if there are any thoughts you have what's driving that big difference between you and your closest competitor in the abnormal cost related to the hurricanes? Will Franklin -- Executive Vice President As you noted, we don't, of course, have any visibility as to how they account for the catastrophic events. I'll note off course that our quarter doesn't end [inaudible] the same time that theirs does. So, that may be a driver. We just know that 36 million dollars is what it took for us to provide excellent service to our customers in connection with these catastrophic events. It's hard for me to comment on theirs. Samik Chatterjee -- JPMorgan Chase Okay, great. Thank you. Jeff Liaw -- Chief Financial officer I mean, it's just part of one weather area which I think we exceeded, I think, the expectations of our insurance [inaudible]. We actually obtain in excess of 800 acres of storage capacity at a cost of 15 million dollars and I think those types of efforts generate costs in excess of what otherwise would be expected in these situations. Samik Chatterjee -- JPMorgan Chase Okay, great. Thank you. Thanks for taking our questions. Operator At this time, we no further questions in the queue. Jay Adair -- Chief Executive Officer Thank you, Chantel. Thank you, everyone, for attending Q1 call for Copart. Happy Thanksgiving and we look forward to reporting on Q2 next year. Operator Thank you very much. Ladies and gentlemen, at this time, this conference has now concluded. You may disconnect your phone line and have a great rest of the week. Thank you. Duration: 41 minutes Call Participants: Jay Adair -- Chief Executive Officer Jeff Liaw -- Chief Financial officer Will Franklin -- Executive Vice President Bob Labick -- CJS Securities Craig Kennison -- Robert W. Baird John Healy -- Northcoast Research Bret Jordan -- Jefferies Unidentified Analyst -- Stephens Matthew Paige -- Gabelli Gary Prestopino -- Barrington Samik Chatterjee -- JPMorgan Chase More CPRT analysis This article is a transcript of this conference call produced for The Motley Fool. While we strive for our Foolish Best, there may be errors, omissions, or inaccuracies in this transcript. As with all our articles, The Motley Fool does not assume any responsibility for your use of this content, and we strongly encourage you to do your own research, including listening to the call yourself and reading the company's SEC filings. Please see ourTerms and Conditionsfor additional details, including our Obligatory Capitalized Disclaimers of Liability. 10 stocks we like better than Copart When investing geniuses David and Tom Gardner have a stock tip, it can pay to listen. After all, the newsletter they have run for over a decade, Motley Fool Stock Advisor , has tripled the market.* David and Tom just revealed what they believe are the 10 best stocks for investors to buy right now... and Copart wasn't one of them! That's right -- they think these 10 stocks are even better buys. Click here to learn about these picks! *Stock Advisor returns as of November 6, 2017 The Motley Fool recommends Copart. The Motley Fool has a disclosure policy . The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
CPRT,2017-11-28,10.45,10.4925,10.365,10.4475,
CPRT,2017-11-29,10.46,10.5634,10.3325,10.5325,
CPRT,2017-11-30,10.5675,10.8025,10.525,10.79,"[""5 Explosive Relative Price Strength Stocks in the Spotlight"", ""Auto Stock Roundup: Toyota Upgrades Safety Features, Thor & Copart Q1 Earnings Beat"", ""Auto Stock Roundup: Toyota Upgrades Safety Features, Thor & Copart Q1 Earnings Beat"", ""5 Explosive Relative Price Strength Stocks in the Spotlight"", ""Auto Stock Roundup: Toyota Upgrades Safety Features, Thor & Copart Q1 Earnings Beat"", ""5 Explosive Relative Price Strength Stocks in the Spotlight""]"
CPRT,2017-12-01,10.7825,10.8475,10.42,10.7525,"[""Zacks.com featured highlights: Copart, Deere & Company, Urban Outfitters, American Axle & Manufacturing and Pilgrim's Pride"", ""Zacks.com featured highlights: Copart, Deere & Company, Urban Outfitters, American Axle & Manufacturing and Pilgrim's Pride"", ""Zacks.com featured highlights: Copart, Deere & Company, Urban Outfitters, American Axle & Manufacturing and Pilgrim's Pride For Immediate Release Chicago, IL - December 1, 2017 - Stocks in this week's article Copart Inc.CPRT , Deere & Company DE , Urban Outfitters, Inc.URBN , American Axle & Manufacturing Holdings, Inc. AXL and Pilgrim's Pride CorporationPPC . 5 Explosive Relative Price Strength Stocks in the Spotlight Investors generally gauge a stock's potential return by examining earnings growth and valuation multiples. At the same time, it's important to measure the performance of such a stock relative to its industry or peers, or the appropriate benchmark. If you see that a stock is underperforming on fundamental factors, then it would be prudent to move on and find a better alternative. However, those outperforming their respective sectors in terms of price should be selected because they stand a better chance to provide considerable returns. Then again, it is imperative that you determine whether or not an investment has relevant upside potential when considering stocks with significant relative price strength. Stocks delivering better than the S&P 500 over a period of 1 to 3 months at the least and having solid fundamentals indicate room for growth, and are the best ways to go about this strategy. Finally, it is important to find out whether analysts are optimistic about the upcoming earnings results of these companies. In order to do this, we have added positive estimate revisions for the current quarter's (Q1) earnings to our screen. When a stock undergoes an upward revision, it leads to additional price gains. For the rest of this Screen of the Week article please visit Zacks.com at: https://www.zacks.com/stock/news/284534/5-explosive-relative-price-strength-stocks-in-the-spotlight Disclosure: Officers, directors and/or employees of Zacks Investment Research may own or have sold short securities and/or hold long and/or short positions in options that are mentioned in this material. An affiliated investment advisory firm may own or have sold short securities and/or hold long and/or short positions in options that are mentioned in this material. About Screen of the Week Zacks.com created the first and best screening system on the web earning the distinction as the \""#1 site for screening stocks\"" by Money Magazine. But powerful screening tools is just the start. That is why Zacks created the Screen of the Week to highlight profitable stock picking strategies that investors can actively use. Strong Stocks that Should Be in the News Many are little publicized and fly under the Wall Street radar. They're virtually unknown to the general public. Yet today's 220 Zacks Rank #1 \""Strong Buys\"" were generated by the stock-picking system that has more than doubled the market from 1988 through 2016. Its average gain has been a stellar +25% per year. See these high-potential stocks free >>. Follow us on Twitter: http://twitter.com/zacksresearch Join us on Facebook: http://www.facebook.com/ZacksInvestmentResearch Zacks Investment Research is under common control with affiliated entities (including a broker-dealer and an investment adviser), which may engage in transactions involving the foregoing securities for the clients of such affiliates. Contact: Jim Giaquinto Company: Zacks.com Phone: 312-265-9268 Email: pr@zacks.com Visit: www.Zacks.com Zacks.com provides investment resources and informs you of these resources, which you may choose to use in making your own investment decisions. Zacks is providing information on this resource to you subject to the Zacks \""Terms and Conditions of Service\"" disclaimer. www.zacks.com/disclaimer . Past performance is no guarantee of future results. Inherent in any investment is the potential for loss. This material is being provided for informational purposes only and nothing herein constitutes investment, legal, accounting or tax advice, or a recommendation to buy, sell or hold a security. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. It should not be assumed that any investments in securities, companies, sectors or markets identified and described were or will be profitable. All information is current as of the date of herein and is subject to change without notice. Any views or opinions expressed may not reflect those of the firm as a whole. Zacks Investment Research does not engage in investment banking, market making or asset management activities of any securities. These returns are from hypothetical portfolios consisting of stocks with Zacks Rank = 1 that were rebalanced monthly with zero transaction costs. These are not the returns of actual portfolios of stocks. The S&P 500 is an unmanaged index. Visit http://www.zacks.com/performance for information about the performance numbers displayed in this press release. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report American Axle & Manufacturing Holdings, Inc. (AXL): Free Stock Analysis Report Pilgrim's Pride Corporation (PPC): Free Stock Analysis Report Deere & Company (DE): Free Stock Analysis Report Urban Outfitters, Inc. (URBN): Free Stock Analysis Report Copart, Inc. (CPRT): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Zacks.com featured highlights: Copart, Deere & Company, Urban Outfitters, American Axle & Manufacturing and Pilgrim's Pride""]"
CPRT,2017-12-04,10.83,10.925,10.73,10.7475,"[""35 Stocks For December 2017"", ""35 Stocks For December 2017"", ""35 Stocks For December 2017""]"
CPRT,2017-12-05,10.77,10.93,10.6525,10.88,
CPRT,2017-12-06,10.875,10.9125,10.79,10.8475,"[""Jim Cramer Shares His Thoughts On Arconic, Copart And CarMax"", ""Jim Cramer Shares His Thoughts On Arconic, Copart And CarMax"", ""Jim Cramer Shares His Thoughts On Arconic, Copart And CarMax""]"
CPRT,2017-12-07,10.8575,10.9925,10.835,10.97,
CPRT,2017-12-08,10.9725,11.0462,10.885,10.99,
CPRT,2017-12-11,11.02,11.0205,10.8538,10.9725,
CPRT,2017-12-12,10.7725,11.0875,10.75,10.925,
CPRT,2017-12-13,10.955,11.06,10.94,10.9775,"[""Can Copart (CPRT) Stock Continue to Grow Earnings?"", ""Pick 5 Winning Momentum Stocks Using the Driehaus Strategy"", ""Pick 5 Winning Momentum Stocks Using the Driehaus Strategy"", ""Can Copart (CPRT) Stock Continue to Grow Earnings?"", ""Pick 5 Winning Momentum Stocks Using the Driehaus Strategy One of the most-favored approaches for investors with a high-risk appetite is the Driehaus strategy. Investors can pick momentum stocks using it to eke out satisfactory returns. The strategy was formulated by Richard Driehaus using the buy high and sell higher principle. Its success has helped Driehaus earn a place in Barron's All-Century Team. The American Association of Individual Investors (AAII) proved that the strategy has the potential to offer high returns. AAII's portfolio, which was developed following the strategy, returned 13.5% and 18.1% in the five and 10-year time frames, respectively, compared with -1.1% and 4.2% returns registered by the S&P 500. Thus, investors with a high risk appetite might give the Driehaus strategy a thought to boost returns. A Brief Note on Driehaus' Strategy Regarding the strategy, Driehaus once said: \""I would much rather invest in a stock that's increasing in price and take the risk that it may begin to decline than invest in a stock that's already in a decline and try to guess when it will turn around.\"" In keeping with his insight, AAII took into account the percentage 50-day moving average as one of the key criteria before designing a portfolio. It is calculated by dividing the numerator (month-end price minus 50-day moving average of month-end price) by the 50-day moving average of the month-end price. Another momentum indicator - positive relative strength - has also been included. A positive percentage 50-day moving average indicates that the stock is trading at a price higher than its 50-day moving average level, indicating an uptrend. Moreover, AAII found that Driehaus primarily focused on strong earnings growth rates and impressive earnings projections to pick potential outperformers. Companies with a strong history of beating estimates are also given importance in this strategy, which was made to provide better returns over the long term. Screening Parameters Our research shows that stocks with a Zacks Rank #1 or 2 (Buy) and a Momentum Score of A or B offer the best upside potential. \u2022 Zacks Rank equal to #1 (Only Strong Buy-rated stocks can get through. You can see the complete list of today's Zacks #1 Rank stocks here .) \u2022 Last 5-year average EPS growth rates above 2% (Strong EPS growth history ensures improving business.) \u2022 Trailing 12 month EPS growth higher than 0 and industry median (Higher EPS growth compared to the industry average indicates superior stocks.) \u2022 Last four-quarter average EPS surprise greater than 5% (Positive EPS surprise indicates potential.) \u2022 Positive % 50-day moving average and relative strength over 4 weeks (High % 50-day moving average and relative strength signal uptrend.) \u2022 Momentum Score equal to or less than B (Ideal for taking advantage of momentum with the highest probability of success.) These few parameters narrowed down the universe of over 7,851 stocks to only 20. Here are five of the 20 stocks that passed the screen: Copart, Inc.CPRT is a provider of online auctions and vehicle remarketing services.It has a Momentum Score of B and an average four-quarter positive earnings surprise of 10.7%. Beacon Roofing Supply, Inc.BECN is a distributor of residential and non-residential roofing materials and other complementary building materials.It has a Momentum Score of A and an average four-quarter positive earnings surprise of 6.4%. Broadcom Limited AVGO is a global designer of a range of semiconductor devices.It has a Momentum Score of A and an average four-quarter positive earnings surprise of 4.5%. Moody's Corporation MCO is a provider of credit ratings, and economy-related research, data, and analytical tools.It has a Momentum Score of A and an average four-quarter positive earnings surprise of 12.9%. Forrester Research, Inc.FORR is an independent research, data, and advisory services company. It has a Momentum Score of B and an average four-quarter positive earnings surprise of 30.4%. Get the rest of the stocks on the list and start putting this and other ideas to the test. It can all be done with the Research Wizard stock picking and backtesting software. The Research Wizard is a great place to begin. It's easy to use. Everything is in plain language. And it's very intuitive. Start your Research Wizard trial today. And the next time you read an economic report, open up the Research Wizard, plug your finds in, and see what gems come out. Click here to sign up for a free trial to the Research Wizard today . Disclosure: Officers, directors and/or employees of Zacks Investment Research may own or have sold short securities and/or hold long and/or short positions in options that are mentioned in this material. An affiliated investment advisory firm may own or have sold short securities and/or hold long and/or short positions in options that are mentioned in this material. Disclosure: Performance information for Zacks' portfolios and strategies are available at:https://www.zacks.com/performance. Zacks Restaurant Recommendations: In addition to dining at these special places, you can feast on their stock shares. A Zacks Special Report spotlights 5 recent IPOs to watch plus 2 stocks that offer immediate promise in a booming sector. Download it free \u00bb Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Moody's Corporation (MCO): Free Stock Analysis Report Beacon Roofing Supply, Inc. (BECN): Free Stock Analysis Report Forrester Research, Inc. (FORR): Free Stock Analysis Report Broadcom Limited (AVGO): Free Stock Analysis Report Copart, Inc. (CPRT): Free Stock Analysis Report To read this article on Zacks.com click here. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Can Copart (CPRT) Stock Continue to Grow Earnings? Growth stocks can be some of the most exciting picks in the market, as these high-flyers can captivate investors' attention, and produce big gains as well. However, these can also lead on the downside when the growth story is over, so it is important to find companies which are still seeing strong growth prospects in their businesses. One such company that might be well-positioned for future earnings growth is Copart, Inc.CPRT . This firm, which is in the Auction and Valuation Services industry, saw EPS growth of 22.7% last year, and is looking great for this year too. In fact, the current growth estimate for this year calls for earnings-per-share growth of 16.3%. Furthermore, the long-term growth rate is currently an impressive 20.1%, suggesting pretty good prospects for the long haul. Copart, Inc. Price and Consensus Copart, Inc. Price and Consensus | Copart, Inc. Quote And if this wasn't enough, the stock has actually seen estimates rise over the past month for the current fiscal year by 6.4%. Thanks to this rise in earnings estimates, CPRT has a Zacks Rank #1 (Strong Buy) which further underscores the potential for outperformance in this company. You can see the complete list of today's Zacks #1 Rank stocks here . So if you are looking for a fast growing stock that is still seeing plenty of opportunities on the horizon, make sure to consider CPRT. Not only does it have double digit earnings growth prospect, but its impressive Zacks Rank suggests that analysts believe better days are ahead for CPRT as well. Will You Make a Fortune on the Shift to Electric Cars? Here's another stock idea to consider. Much like petroleum 150 years ago, lithium power may soon shake the world, creating millionaires and reshaping geo-politics. Soon electric vehicles (EVs) may be cheaper than gas guzzlers. Some are already reaching 265 miles on a single charge. With battery prices plummeting and charging stations set to multiply, one company stands out as the #1 stock to buy according to Zacks research. It's not the one you think. See This Ticker Free >> Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Copart, Inc. (CPRT): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Pick 5 Winning Momentum Stocks Using the Driehaus Strategy"", ""Can Copart (CPRT) Stock Continue to Grow Earnings?""]"
CPRT,2017-12-14,11.005,11.0275,10.9225,10.95,"[""Zacks.com featured highlights: Copart, Beacon Roofing Supply, Broadcom, Moody's and Forrester Research"", ""Zacks.com featured highlights: Copart, Beacon Roofing Supply, Broadcom, Moody's and Forrester Research"", ""Zacks.com featured highlights: Copart, Beacon Roofing Supply, Broadcom, Moody's and Forrester Research For Immediate Release Chicago, IL - December 14, 2017 - Stocks in this week's article Copart, Inc. CPRT , Beacon Roofing Supply, Inc. BECN , Broadcom Limited AVGO , Moody's Corporation MCO and Forrester Research, Inc. FORR . Pick 5 Winning Momentum Stocks Using the Driehaus Method One of the most-favored approaches for investors with a high-risk appetite is the Driehaus strategy. Investors can pick momentum stocks using it to eke out satisfactory returns. The strategy was formulated by Richard Driehaus using the buy high and sell higher principle. Its success has helped Driehaus earn a place in Barron's All-Century Team. The American Association of Individual Investors (AAII) proved that the strategy has the potential to offer high returns. AAII's portfolio, which was developed following the strategy, returned 13.5% and 18.1% in the five and 10-year time frames, respectively, compared with -1.1% and 4.2% returns registered by the S&P 500. Thus, investors with a high risk appetite might give the Driehaus strategy a thought to boost returns. A Brief Note on Driehaus' Strategy Regarding the strategy, Driehaus once said: \""I would much rather invest in a stock that's increasing in price and take the risk that it may begin to decline than invest in a stock that's already in a decline and try to guess when it will turn around.\"" In keeping with his insight, AAII took into account the percentage 50-day moving average as one of the key criteria before designing a portfolio. It is calculated by dividing the numerator (month-end price minus 50-day moving average of month-end price) by the 50-day moving average of the month-end price. Another momentum indicator - positive relative strength - has also been included. A positive percentage 50-day moving average indicates that the stock is trading at a price higher than its 50-day moving average level, indicating an uptrend. Moreover, AAII found that Driehaus primarily focused on strong earnings growth rates and impressive earnings projections to pick potential outperformers. Companies with a strong history of beating estimates are also given importance in this strategy, which was made to provide better returns over the long term. For the rest of this Screen of the Week article please visit Zacks.com at: https://www.zacks.com/stock/news/285803/pick-5-winning-momentum-stocks-using-the-driehaus-strategy Disclosure: Officers, directors and/or employees of Zacks Investment Research may own or have sold short securities and/or hold long and/or short positions in options that are mentioned in this material. An affiliated investment advisory firm may own or have sold short securities and/or hold long and/or short positions in options that are mentioned in this material. About Screen of the Week Zacks.com created the first and best screening system on the web earning the distinction as the \""#1 site for screening stocks\"" by Money Magazine. But powerful screening tools is just the start. That is why Zacks created the Screen of the Week to highlight profitable stock picking strategies that investors can actively use. Strong Stocks that Should Be in the News Many are little publicized and fly under the Wall Street radar. They're virtually unknown to the general public. Yet today's 220 Zacks Rank #1 \""Strong Buys\"" were generated by the stock-picking system that has more than doubled the market from 1988 through 2016. Its average gain has been a stellar +25% per year. See these high-potential stocks free >>. Follow us on Twitter: http://twitter.com/zacksresearch Join us on Facebook: http://www.facebook.com/ZacksInvestmentResearch Zacks Investment Research is under common control with affiliated entities (including a broker-dealer and an investment adviser), which may engage in transactions involving the foregoing securities for the clients of such affiliates. Contact: Jim Giaquinto Company: Zacks.com Phone: 312-265-9268 Email: pr@zacks.com Visit: www.Zacks.com Zacks.com provides investment resources and informs you of these resources, which you may choose to use in making your own investment decisions. Zacks is providing information on this resource to you subject to the Zacks \""Terms and Conditions of Service\"" disclaimer. www.zacks.com/disclaimer . Past performance is no guarantee of future results. Inherent in any investment is the potential for loss. This material is being provided for informational purposes only and nothing herein constitutes investment, legal, accounting or tax advice, or a recommendation to buy, sell or hold a security. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. It should not be assumed that any investments in securities, companies, sectors or markets identified and described were or will be profitable. All information is current as of the date of herein and is subject to change without notice. Any views or opinions expressed may not reflect those of the firm as a whole. Zacks Investment Research does not engage in investment banking, market making or asset management activities of any securities. These returns are from hypothetical portfolios consisting of stocks with Zacks Rank = 1 that were rebalanced monthly with zero transaction costs. These are not the returns of actual portfolios of stocks. The S&P 500 is an unmanaged index. Visit http://www.zacks.com/performance for information about the performance numbers displayed in this press release. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Moody's Corporation (MCO): Free Stock Analysis Report Beacon Roofing Supply, Inc. (BECN): Free Stock Analysis Report Forrester Research, Inc. (FORR): Free Stock Analysis Report Broadcom Limited (AVGO): Free Stock Analysis Report Copart, Inc. (CPRT): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Zacks.com featured highlights: Copart, Beacon Roofing Supply, Broadcom, Moody's and Forrester Research""]"
CPRT,2017-12-15,10.995,11.08,10.925,11.0275,"[""Copart (CPRT) Expands Online Auction Location at Louisiana"", ""Copart (CPRT) Expands Online Auction Location at Louisiana"", ""Copart (CPRT) Expands Online Auction Location at Louisiana Copart, Inc.CPRT announced the recent extension of its location at northeast of Baton Rouge, LA. Address of the site is 21595 Greenwell Springs Road in Greenwell Springs, LA. Per management, the expansion at Baton Rouge location will help the company increase its presence in south and offer more value to its customers. This strengthening of footprint in the south is followed by the widening of New Orleans base in September. Online auctions at the Greenwell Springs location are held every Tuesday at noon CT. Buyers can participate in the auction through the company's website or its application available on iOS and android devices. Also, during the business hours, bidding kiosks can be accessed at the hub. Copart, Inc. Price and Consensus Copart, Inc. Price and Consensus | Copart, Inc. Quote Strategically, this location expansion will benefit the company by placing it in close proximity to the hurricane-prone areas in the region. Also, the extension will reinforce Copart to combat situations related to natural disasters in and around Louisiana, except dealing with the current product demand. Prior to this, in November, the company announced the expansion of its Phoenix, AZ location. Price Performance In the last three months, shares of Copart have outperformed the industry it belongs to. The stock has surged 33.3% compared with the industry's 19% rally during the period. Zacks Rank & Other Key Picks Copart sports a Zacks Rank #1 (Strong Buy). Other top-ranked stocks in the auto space include BorgWarner Inc. BWA , Honda Motor Company HMC and Navistar International Corporation NAV , all carrying a Zacks Rank #2 (Buy). You can see the complete list of today's Zacks #1 Rank stocks here . BorgWarner has an expected long-term growth rate of 8.6%. In the last three months, shares of the company have been up 4.8%. Honda has an expected long-term growth rate of 3.8%. In the last three months, shares of the company have been up 14.4%. Navistar has an expected long-term growth rate of 5%. Year to date, shares of the company have been up 28%. Investor Alert: Breakthroughs Pending A medical advance is now at the flashpoint between theory and realization. Billions of dollars in research have poured into it. Companies are already generating substantial revenue, and even more wondrous products are in the pipeline. Cures for a variety of deadly diseases are in sight, and so are big potential profits for early investors. Zacks names 5 stocks to buy now. Click here to see them >> Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Honda Motor Company, Ltd. (HMC): Free Stock Analysis Report BorgWarner Inc. (BWA): Free Stock Analysis Report Navistar International Corporation (NAV): Free Stock Analysis Report Copart, Inc. (CPRT): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Copart (CPRT) Expands Online Auction Location at Louisiana""]"
CPRT,2017-12-18,11.045,11.19,11.04,11.095,"[""Weakness Seen in Liquidity Services (LQDT) Estimates: Should You Stay Away?"", ""Weakness Seen in Liquidity Services (LQDT) Estimates: Should You Stay Away?"", ""Weakness Seen in Liquidity Services (LQDT) Estimates: Should You Stay Away? Similar to wise buying decisions, exiting certain underperformers at the right time helps maximize portfolio returns. Selling off losers can be difficult, but if both the share price and estimates are falling, it could be time to get rid of the security before more losses hit your portfolio. One such stock that you may want to consider dropping is Liquidity Services, Inc. LQDT , which has witnessed a significant price decline in the past four weeks, and it has seen negative earnings estimate revisions for the current quarter and the current year. A Zacks Rank #5 (Strong Sell) further confirms weakness in LQDT. A key reason for this move has been the negative trend in earnings estimate revisions. For the full year, we have seen two estimates moving down in the past 30 days, compared with just no upward revisions. This trend has caused the consensus estimate to trend lower, going from a loss of 60 cents a share a month ago to its current level of a loss of 91 cents. Also, for the current quarter, Liquidity Services has seen one downward estimate revision versus no revisions in the opposite direction, dragging the consensus estimate down to a loss of 32 cents a share from a loss of 16 cents over the past 30 days. The stock also has seen some pretty dismal trading lately, as the share price has dropped 14.8% in the past month. Liquidity Services, Inc. Price and Consensus Liquidity Services, Inc. Price and Consensus | Liquidity Services, Inc. Quote So it may not be a good decision to keep this stock in your portfolio anymore, at least if you don't have a long time horizon to wait. If you are still interested in the Auction and Valuation Services industry, you may instead consider a better-ranked stock - Copart, Inc. CPRT . The stock currently holds a Zacks Rank #1 (Strong Buy) and may be a better selection at this time. You can see the complete list of today's Zacks #1 Rank stocks here . Wall Street's Next Amazon Zacks EVP Kevin Matras believes this familiar stock has only just begun its climb to become one of the greatest investments of all time. It's a once-in-a-generation opportunity to invest in pure genius. Click for details >> Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Liquidity Services, Inc. (LQDT): Free Stock Analysis Report Copart, Inc. (CPRT): Free Stock Analysis Report To read this article on Zacks.com click here. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Weakness Seen in Liquidity Services (LQDT) Estimates: Should You Stay Away?""]"
CPRT,2017-12-19,11.08,11.125,11.005,11.01,
CPRT,2017-12-20,11.01,11.03,10.935,10.95,"[""5 of the Best Efficient Stocks to Strengthen Your Portfolio A company with a favorable efficiency level is expected to provide impressive returns as it is believed to be positively correlated with the company's price performance. Efficiency, which is the ability to transform inputs into outputs, is a potential indicator of a company's financial health. However, it is difficult to measure the efficiency level of a company. This is the reason why one must consider popular efficiency ratios while selecting stocks to build a profitable portfolio. How to Measure Efficiency? We have considered four popular ratios in order to find efficient companies that have the potential to provide impressive returns. Inventory Turnover Inventory level is one of the key indicators of a company's business health. While a high inventory level may indicate that the company is going through a rough phase in terms of sales, a dwindling level may indicate that the company will run out of stock in a favorable sales condition. This is where inventory turnover comes into play. It is the ratio of 12-month cost of goods sold (COGS) to a 4-quarter average inventory. Thus, a high value of the ratio indicates a low level of inventory relative to COGS, while a low ratio signals that the company has excess inventory. Receivables Turnover This ratio is used to measure a company's capability to extend its credit and collect debts on the basis of that credit. Receivables turnover ratio or the \""accounts receivable turnover ratio\"" or the \""debtor's turnover ratio\"" is calculated by dividing 12-month sales by four-quarter average receivables. While a high ratio indicates that the company efficiently collects its accounts receivables or has quality customers, a low ratio signals that the company has an inefficient collection procedure or has low-quality customers or an inefficient credit policy. Asset Utilization This is a widely used measure of a company's efficiency. Asset utilization indicates a company's potential to utilize its assets. It is a ratio of total sales over the past 12 months to the last 4-quarter average of total assets. So, the higher the ratio, the greater is the chance that the company is utilizing its assets efficiently. On the contrary, a low value of the ratio signals that it is failing to use its assets effectively. Operating Margin Another popular efficiency ratio is the operating margin. Operating profit margin, which is simply operating income over the past 12 months divided by sales over the same period, indicates how well a company is controlling its operating expenses. If a company has a high operating profit margin in relation to its competitors, it is doing a better job at controlling operating expenses. All these ratios can be considered as effective measures if one compares different companies within a particular sector or industry. This is the reason why we have considered only those companies that have higher ratios than their respective industry averages. Screening Parameters In addition to the above mentioned ratios, we have added a favorable Zacks Rank - Zacks Rank #1 (Strong Buy) or 2 (Buy) - to the screen with an objective to make this strategy more profitable. Inventory Turnover, Receivables Turnover, Asset Utilization and Operating Margin greater than industry average (Values of these ratios higher than industry averages may indicate that the efficiency level of the company is higher than its peers.) Zacks Rank better than or equal to #2 (Buy) (Only Zacks Rank #1 and Buy-rated stocks can get through.) The use of these few criteria has narrowed down the universe of over 7,904 stocks to only 13. Here are five of the 15 stocks that passed the screen. Athletic apparel company Lululemon Athletica Inc.LULU , together with its subsidiaries, designs, distributes, and retails athletic apparel and accessories for women, men, and female youth. The company sports a Zacks Rank #1. The company has an average four-quarter positive earnings surprise of 8.1%. Chemed CorporationCHE provides hospice and palliative care services in the United States. The company has a Zacks Rank #2. It has an average four-quarter positive earnings surprise of 5.9%. You can see the complete list of today's Zacks #1 Rank stocks here. Baxter International Inc.BAX provides a portfolio of renal and hospital products. The company has a Zacks Rank #2. It has an average four-quarter positive earnings surprise of 10.6%. NVR, Inc.NVR operates as a homebuilder in the United States. The company operates through four segments: Mid Atlantic, North East, Mid East and South East. The company has a Zacks Rank #2. It has an average four-quarter positive earnings surprise of 17.2%. Copart, Inc.CPRT provides online auctions and vehicle remarketing services. The company has a Zacks Rank #1. It has an average four-quarter positive earnings surprise of 10.7%. You can get the rest of the stocks on this list by signing up now for your 2-week free trial to the Research Wizard and start using this screen in your own trading. Further, you can also create your own strategies and test them first before taking the investment plunge. The Research Wizard is a great place to begin. It's easy to use. Everything is in plain language. And it's very intuitive. Start your Research Wizard trial today. And the next time you read an economic report, open up the Research Wizard, plug your finds in, and see what gems come out. Click here to sign up for a free trial to the Research Wizard today . Disclosure: Officers, directors and/or employees of Zacks Investment Research may own or have sold short securities and/or hold long and/or short positions in options that are mentioned in this material. An affiliated investment advisory firm may own or have sold short securities and/or hold long and/or short positions in options that are mentioned in this material. Disclosure: Performance information for Zacks' portfolios and strategies are available at: https://www.zacks.com/performance Zacks Restaurant Recommendations: In addition to dining at these special places, you can feast on their stock shares. A Zacks Special Report spotlights 5 recent IPOs to watch plus 2 stocks that offer immediate promise in a booming sector. Download it free \u00bb Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report NVR, Inc. (NVR): Free Stock Analysis Report Baxter International Inc. (BAX): Free Stock Analysis Report Chemed Corp. (CHE): Free Stock Analysis Report Copart, Inc. (CPRT): Free Stock Analysis Report To read this article on Zacks.com click here. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""IBD Rating Upgrades: AutoZone Flashes Improved Price Strength In a welcome move, AutoZone ( AZO ) saw its Relative Strength Rating rise from 67 to 72 on Wednesday. [ibd-display-video id=2385970 width=50 float=left autostart=true] IBD's proprietary rating tracks market leadership with a 1 (worst) to 99 (best) score. The rating shows how a stock's price performance over the trailing 52 weeks stacks up against all the other stocks in our database. Over 100 years of market history reveals that the best-performing stocks often have an RS Rating of at least 80 as they launch their biggest price moves. See if AutoZone can continue to show renewed price strength and clear that threshold. Looking For Winning Stocks? Try This Simple Routine AutoZone is building a cup with handle with a 763.39 buy point . See if the stock can clear the breakout price in volume at least 40% above average. The company saw both earnings and sales growth rise last quarter. Earnings-per-share increased from 6% to 7%. Revenue rose from 3% to 5%. The company holds the No. 5 rank among its peers in the Retail/Wholesale-Auto industry group. Copart ( CPRT ) is the top-ranked stock within the group. RELATED: IBD Stock Rating Upgrades: Rising Relative Strength Why Should You Use IBD's Relative Strength Rating? How Relative Strength Line Can Help You Judge A Stock The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.""]"
CPRT,2017-12-21,10.95,10.97,10.8475,10.8525,"[""Zacks.com highlights: Lululemon Athletica, Chemed, Baxter International, NVR and Copart"", ""Zacks.com highlights: Lululemon Athletica, Chemed, Baxter International, NVR and Copart"", ""Zacks.com highlights: Lululemon Athletica, Chemed, Baxter International, NVR and Copart For Immediate Release Chicago, IL - Dec 21, 2017 - Stocks in this week's article include: Lululemon Athletica Inc. LULU , Chemed CorporationCHE , Baxter International Inc.BAX , NVR, Inc.NVR and Copart, Inc.CPRT . Screen of the Week of Zacks Investment Research: 5 Best Efficient Stocks to Strengthen Your Portfolio A company with a favorable efficiency level is expected to provide impressive returns as it is believed to be positively correlated with the company's price performance. Efficiency, which is the ability to transform inputs into outputs, is a potential indicator of a company's financial health. However, it is difficult to measure the efficiency level of a company. This is the reason why one must consider popular efficiency ratios while selecting stocks to build a profitable portfolio. How to Measure Efficiency? We have considered four popular ratios in order to find efficient companies that have the potential to provide impressive returns. Inventory Turnover Inventory level is one of the key indicators of a company's business health. While a high inventory level may indicate that the company is going through a rough phase in terms of sales, a dwindling level may indicate that the company will run out of stock in a favorable sales condition. This is where inventory turnover comes into play. It is the ratio of 12-month cost of goods sold (COGS) to a 4-quarter average inventory. Thus, a high value of the ratio indicates a low level of inventory relative to COGS, while a low ratio signals that the company has excess inventory. Receivables Turnover This ratio is used to measure a company's capability to extend its credit and collect debts on the basis of that credit. Receivables turnover ratio or the \""accounts receivable turnover ratio\"" or the \""debtor's turnover ratio\"" is calculated by dividing 12-month sales by four-quarter average receivables. While a high ratio indicates that the company efficiently collects its accounts receivables or has quality customers, a low ratio signals that the company has an inefficient collection procedure or has low-quality customers or an inefficient credit policy. Asset Utilization This is a widely used measure of a company's efficiency. Asset utilization indicates a company's potential to utilize its assets. It is a ratio of total sales over the past 12 months to the last 4-quarter average of total assets. So, the higher the ratio, the greater is the chance that the company is utilizing its assets efficiently. On the contrary, a low value of the ratio signals that it is failing to use its assets effectively. Operating Margin Another popular efficiency ratio is the operating margin. Operating profit margin, which is simply operating income over the past 12 months divided by sales over the same period, indicates how well a company is controlling its operating expenses. If a company has a high operating profit margin in relation to its competitors, it is doing a better job at controlling operating expenses. All these ratios can be considered as effective measures if one compares different companies within a particular sector or industry. This is the reason why we have considered only those companies that have higher ratios than their respective industry averages. And that's what we're screening for today\u2026 For the rest of this Screen of the Week article please visit Zacks.com at: https://www.zacks.com/stock/news/286523/5-of-the-best-efficient-stocks-to-strengthen-your-portfolio Get the remaining stocks on the list and start putting this and other ideas to the test. It can all be done with the Research Wizard stock picking and back testing software. The Research Wizard is a great place to begin. It's easy to use. Everything is in plain language. And it's very intuitive. Start your Research Wizard trial today. And the next time you read an economic report, open up the Research Wizard, plug your finds in, and see what gems come out. Click here to sign up for a free trial to the Research Wizard today . Disclosure: Officers, directors and/or employees of Zacks Investment Research may own or have sold short securities and/or hold long and/or short positions in options that are mentioned in this material. An affiliated investment advisory firm may own or have sold short securities and/or hold long and/or short positions in options that are mentioned in this material. About Screen of the Week Zacks.com created the first and best screening system on the web earning the distinction as the \""#1 site for screening stocks\"" by Money Magazine. But powerful screening tools is just the start. That is why Zacks created the Screen of the Week to highlight profitable stock picking strategies that investors can actively use. Strong Stocks that Should Be in the News Many are little publicized and fly under the Wall Street radar. They're virtually unknown to the general public. Yet today's 220 Zacks Rank #1 \""Strong Buys\"" were generated by the stock-picking system that has more than doubled the market from 1988 through 2016. Its average gain has been a stellar +25% per year. See these high-potential stocks free >>. Follow us on Twitter: https://twitter.com/zacksresearch Join us on Facebook: https://www.facebook.com/ZacksInvestmentResearch Zacks Investment Research is under common control with affiliated entities (including a broker-dealer and an investment adviser), which may engage in transactions involving the foregoing securities for the clients of such affiliates. Contact: Jim Giaquinto Company: Zacks.com Phone: 312-265-9268 Email: pr@zacks.com Visit: https://www.zacks.com/ Zacks.com provides investment resources and informs you of these resources, which you may choose to use in making your own investment decisions. Zacks is providing information on this resource to you subject to the Zacks \""Terms and Conditions of Service\"" disclaimer. www.zacks.com/disclaimer . Past performance is no guarantee of future results. Inherent in any investment is the potential for loss. This material is being provided for informational purposes only and nothing herein constitutes investment, legal, accounting or tax advice, or a recommendation to buy, sell or hold a security. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. It should not be assumed that any investments in securities, companies, sectors or markets identified and described were or will be profitable. All information is current as of the date of herein and is subject to change without notice. Any views or opinions expressed may not reflect those of the firm as a whole. Zacks Investment Research does not engage in investment banking, market making or asset management activities of any securities. These returns are from hypothetical portfolios consisting of stocks with Zacks Rank = 1 that were rebalanced monthly with zero transaction costs. These are not the returns of actual portfolios of stocks. The S&P 500 is an unmanaged index. Visit https://www.zacks.com/performance for information about the performance numbers displayed in this press release. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report NVR, Inc. (NVR): Free Stock Analysis Report Baxter International Inc. (BAX): Free Stock Analysis Report Chemed Corp. (CHE): Free Stock Analysis Report Copart, Inc. (CPRT): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Zacks.com highlights: Lululemon Athletica, Chemed, Baxter International, NVR and Copart""]"
CPRT,2017-12-22,10.855,10.8687,10.81,10.8375,"[""Why Is Copart (CPRT) Up 18.3% Since the Last Earnings Report?"", ""Why Is Copart (CPRT) Up 18.3% Since the Last Earnings Report?"", ""Why Is Copart (CPRT) Up 18.3% Since the Last Earnings Report? It has been about a month since the last earnings report for Copart, Inc.CPRT . Shares have added about 18.3% in that time frame, outperforming the market. Will the recent positive trend continue leading up to the stock's next earnings release, or is it due for a pullback? Before we dive into how investors and analysts have reacted as of late, let's take a quick look at the most recent earnings report in order to get a better handle on the important catalysts. Copart Q1 Earnings & Revenues Beat Estimates, Up Y/Y Copart reported adjusted earnings per share of 33 cents in first-quarter fiscal 2018 (ended Oct 31, 2017), beating the Zacks Consensus Estimate of 26 cents. The bottom line showed a steep rise of 17.9% from 28 cents recorded in the year-ago quarter. Net income was $77.5 million, reflecting a plunge of 53.7% or $89.8 million from the first quarter of fiscal 2017. Copart's revenues rose 21.1% to $419.2 million from the year-ago quarter and surpassed the Zacks Consensus Estimate of $377.4 million. Service revenues went up 21.8% to $374.1 million, while revenues from vehicle sales gained 15.8% to $45.1 million. Gross margin improved 12.4% to $163.3 million in the reported quarter from $145.3 million a year ago. Operating expenses also increased to $295.2 million from $241.2 million, recorded in the prior-year period. Operating income increased to $124 million from $104.8 million a year ago. Financial Details Copart had cash and cash equivalents of $224.2 million as of Oct 31, 2017 compared with $210 million as of Jul 31, 2017. Total debt, revolving loan facility and capital lease obligations were $550.7 million as of Oct 31, 2017, almost same in comparison to $550.8 million as of Jul 31, 2017. In first-quarter fiscal 2018, Copart generated net cash flow of $93.4 million from operations compared with $74.3 million a year ago. How Have Estimates Been Moving Since Then? Following the release, investors have witnessed an upward trend in fresh estimates. There have been two revisions higher for the current quarter compared to one lower. Copart, Inc. Price and Consensus Copart, Inc. Price and Consensus | Copart, Inc. Quote VGM Scores At this time, the stock has a nice Growth Score of B, a grade with the same score on the momentum front. However, the stock was allocated a grade of D on the value side, putting it in the bottom 40% for this investment strategy. Overall, the stock has an aggregate VGM Score of B. If you aren't focused on one strategy, this score is the one you should be interested in. Zacks' style scores indicate that the company's stock is suitable for growth and momentum investors. Outlook Estimates have been trending upward for the stock and the magnitude of these revisions also looks promising. The stock has a Zacks Rank #1 (Strong Buy). We are expecting an above average return from the stock in the next few months. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Copart, Inc. (CPRT): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Why Is Copart (CPRT) Up 18.3% Since the Last Earnings Report?""]"
CPRT,2017-12-26,10.945,11.0875,10.8175,10.835,
CPRT,2017-12-27,10.9375,10.9375,10.8025,10.825,"[""Copart (CPRT) Rides on Network Expansions: Time to Buy?"", ""Copart (CPRT) Rides on Network Expansions: Time to Buy?"", ""Copart (CPRT) Rides on Network Expansions: Time to Buy? On Dec 26, we issued an updated research report on Copart, Inc.CPRT . On Nov 21, Copart, which provides online auctions and vehicle remarketing services, reported adjusted earnings per share of 33 cents in first-quarter fiscal 2018 (ended Oct 31, 2017), beating the Zacks Consensus Estimate of 26 cents. The bottom line also improved 17.9% on a year-over-year basis. The company's revenues increased 21.1% to $419.2 million from the year-ago quarter, surpassing the Zacks Consensus Estimate of $377.4 million. The company is expanding its network of facilities to cope up with growing volumes. It is also expanding in a number of new markets. In mid-December, the company extended its location to northeast of Baton Rouge, LA. The expansion at Baton Rouge location is likely to help the company increase its presence in the south and offer more value to its customers. In November, the company expanded in Phoenix, AR. In September, the company expanded its online auctions base to Memphis, TN and Reno, NV. Year to date, shares of Copart have outperformed the industry it belongs to. During this time period, shares of the company have returned 56.5% compared with the industry's growth 26.9%. Copart currently sports a Zacks Rank #1 (Strong Buy). You can see the complete list of today's Zacks #1 Rank stocks here . Other top-ranked automobile stocks in the same space are Allison Transmission Holdings, Inc. ALSN , American Axle & Manufacturing Holdings, Inc. AXL and Oshkosh Corporation OSK , each sporting a Zacks Rank #1. Allison Transmission has a long-term growth rate of 10%. The company's shares have gained 28.6% year to date. American Axle & Manufacturing has a long-term growth rate of 8.1%. The company's shares have gained 16.1% over the past six months. Oshkosh Corporation has a long-term growth rate of 16.5%. Its shares have rallied 41.4% on a year-to-date basis. Wall Street's Next Amazon Zacks EVP Kevin Matras believes this familiar stock has only just begun its climb to become one of the greatest investments of all time. It's a once-in-a-generation opportunity to invest in pure genius. Click for details >> Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report American Axle & Manufacturing Holdings, Inc. (AXL): Free Stock Analysis Report Allison Transmission Holdings, Inc. (ALSN): Free Stock Analysis Report Oshkosh Corporation (OSK): Free Stock Analysis Report Copart, Inc. (CPRT): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""LKQ Joins Rank Of Stocks With 95-Plus Composite Rating The IBD SmartSelect Composite Rating for LKQ ( LKQ ) rose from 94 to 96 Wednesday. [ibd-display-video id=2368044 width=50 float=left autostart=true] The upgrade means the stock is now outpacing 96% of all other stocks in terms of key performance metrics and technical strength. History shows the top market performers tend to have a 95 or higher score as they launch their major moves. LKQ is now out of buy range after clearing the 34.85 buy point in a cup with handle. Looking For Winning Stocks? Try This Simple Routine The stock sports an 83 EPS Rating, meaning its recent quarterly and longer-term annual earnings growth tops 83% of all stocks. Its Accumulation/Distribution Rating of B shows moderate buying by institutional investors over the last 13 weeks. The company reported a 10% earnings gain for Q3. Revenue growth climbed 12%, up from 7% in the prior quarter. That marks one quarter of accelerating revenue gains. LKQ earns the No. 2 rank among its peers in the Retail/Wholesale-Auto industry group. Copart ( CPRT ) is the top-ranked stock within the group. RELATED: Which Companies Are Now Outperforming 95% Of All Stocks? The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Copart (CPRT) Rides on Network Expansions: Time to Buy?""]"
CPRT,2017-12-28,10.8475,10.8875,10.7688,10.8,"[""Copart: More Upside On The Way After Q1 2018 Blowout"", ""Copart: More Upside On The Way After Q1 2018 Blowout"", ""Copart: More Upside On The Way After Q1 2018 Blowout""]"
CPRT,2017-12-29,10.83,10.8592,10.76,10.7975,"IBD Rating Upgrades: AutoZone Flashes Improved Technical Strength AutoZone ( AZO ) saw a welcome improvement to its Relative Strength ( RS ) Rating on Friday, rising from 64 to 72. [ibd-display-video id=2385970 width=50 float=left autostart=true] IBD's unique rating identifies price action with a 1 (worst) to 99 (best) score. The score shows how a stock's price movement over the last 52 weeks holds up against all the other stocks in our database. Decades of market research reveals that the market's biggest winners tend to have an 80 or higher RS Rating in the early stages of their moves. See if AutoZone can continue to rebound and clear that threshold. Looking For The Best Stocks To Buy And Watch? Start Here AutoZone is building a cup with handle with a 763.39 buy point . See if it can clear the breakout price in heavy trade. Top and bottom line growth moved higher in the company's most recent quarter. Earnings were up 7%, compared to 6% in the prior report. Revenue increased from 3% to 5%. The company holds the No. 5 rank among its peers in the Retail/Wholesale-Auto industry group. Copart ( CPRT ) is the No. 1-ranked stock within the group. RELATED: Stocks With Rising Relative Strength Ratings Why Should You Use IBD's Relative Strength Rating? How Relative Strength Line Can Help You Judge A Stock The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
CPRT,2018-01-02,10.88,10.9175,10.7975,10.8988,
CPRT,2018-01-03,10.9075,10.9625,10.8,10.8475,"[""Stocks Generating Improved Relative Strength: AutoZone On Wednesday, AutoZone ( AZO ) got an upgrade to its Relative Strength ( RS ) Rating , from 65 to 75. [ibd-display-video id=2881825 width=50 float=left autostart=true] This unique rating measures market leadership by using a 1 (worst) to 99 (best) score that shows how a stock's price performance over the trailing 52 weeks stacks up against all the other stocks in our database. Decades of market research shows that the top-performing stocks tend to have an RS Rating of over 80 in the early stages of their moves. See if AutoZone can continue to rebound and hit that benchmark. Looking For The Best Stocks To Buy And Watch? Start Here AutoZone is working on a cup with handle with a 763.39 buy point . See if it can clear the breakout price in heavy volume. Top and bottom line growth moved higher in the company's most recent quarter. Earnings were up 7%, compared to 6% in the prior report. Revenue increased from 3% to 5%. AutoZone earns the No. 5 rank among its peers in the Retail/Wholesale-Auto industry group. Copart ( CPRT ) is the No. 1-ranked stock within the group. RELATED: Which Stocks Are Showing Improved Price Performance? Why Should You Use IBD's Relative Strength Rating? How Relative Strength Line Can Help You Judge A Stock The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Top-Rated Stocks: LKQ Sees Composite Rating Climb To 98 On Wednesday, LKQ ( LKQ ) got an upgrade for its IBD SmartSelect Composite Rating from 94 to 98. [ibd-display-video id=2368044 width=50 float=left autostart=true] The upgrade means the stock is now outpacing 98% of all other stocks in terms of key performance metrics and technical strength. Winning stocks often have a 95 or higher grade in the early stages of a new price run. LKQ is currently extended beyond a proper buy zone after breaking out from a 34.85 buy point in a cup with handle. See How IBD Helps You Make More Money In Stocks The stock sports an 83 EPS Rating, which means its recent quarterly and annual earnings growth tops 83% of all stocks. Its Accumulation/Distribution Rating of B shows moderate buying by institutional investors over the last 13 weeks. The company posted a 10% earnings-per-share gain for Q3. Sales growth increased 12%, up from 7% in the prior report. That marks one quarter of accelerating revenue growth. LKQ earns the No. 2 rank among its peers in the Retail/Wholesale-Auto industry group. Copart ( CPRT ) is the No. 1-ranked stock within the group. RELATED: Which Companies Are Now Outperforming 95% Of All Stocks? The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.""]"
CPRT,2018-01-04,10.875,10.9862,10.825,10.935,"AutoZone Shows Rising Price Performance With Jump To 81 RS Rating AutoZone ( AZO ) had its Relative Strength ( RS ) Rating upgraded from 75 to 81 Thursday. [ibd-display-video id=2368044 width=50 float=left autostart=true] IBD's unique rating measures share price action with a 1 (worst) to 99 (best) score. The rating shows how a stock's price performance over the trailing 52 weeks compares to all the other stocks in our database. Over 100 years of market history reveals that the market's biggest winners often have an 80 or better RS Rating as they launch their biggest runs. See How IBD Helps You Make More Money In Stocks AutoZone is trying to complete a cup with handle with a 763.39 entry . See if it can clear the breakout price in heavy trade. The company saw both earnings and sales growth rise last quarter. Earnings-per-share increased from 6% to 7%. Revenue rose from 3% to 5%. AutoZone earns the No. 5 rank among its peers in the Retail/Wholesale-Auto industry group. Copart ( CPRT ) is the top-ranked stock within the group. RELATED: IBD Stock Rating Upgrades: Rising Relative Strength Why Should You Use IBD's Relative Strength Rating? How Relative Strength Line Can Help You Judge A Stock The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
CPRT,2018-01-05,10.9425,10.9694,10.7575,10.8825,
CPRT,2018-01-08,10.8975,10.965,10.82,10.8875,"[""Top Ranked Growth Stocks to Buy for January 8th"", ""Top Ranked Growth Stocks to Buy for January 8th"", ""Top Ranked Growth Stocks to Buy for January 8th Here are four stocks with buy ranks and strong growth characteristics for investors to consider today, January 8th: S&P Global Inc. (SPGI): This provider of independent ratings, benchmarks and data, which carries a Zacks Rank #2 (Buy), has witnessed the Zacks Consensus Estimate for its current year earnings increasing 0.3% over the last 60 days. S&P Global Inc. Price and Consensus S&P Global Inc. Price and Consensus | S&P Global Inc. Quote S&P Global has a PEG ratio 1.94, compared with 2.16 for the industry. The company possesses a Growth Score of A. S&P Global Inc. PEG Ratio (TTM) S&P Global Inc. PEG Ratio (TTM) | S&P Global Inc. Quote Cigna Corporation (CI): This health services organization, which carries a Zacks Rank #1 (Strong Buy), has witnessed the Zacks Consensus Estimate for its current year earnings rising 0.3% over the last 60 days. Cigna Corporation Price and Consensus Cigna Corporation Price and Consensus | Cigna Corporation Quote Cigna has a PEG ratio 1.44, compared with 2.83 for the industry. The company possesses a Growth Score of A. Cigna Corporation PEG Ratio (TTM) Cigna Corporation PEG Ratio (TTM) | Cigna Corporation Quote Copart, Inc. (CPRT): This vehicle remarketing services provider, which carries a Zacks Rank #1 (Strong Buy), has witnessed the Zacks Consensus Estimate for its current year earnings increasing 7.8% over the last 60 days. Copart, Inc. Price and Consensus Copart, Inc. Price and Consensus | Copart, Inc. Quote Copart has a PEG ratio 1.42, compared with 1.84 for the industry. The company possesses a Growth Score of A. Copart, Inc. PEG Ratio (TTM) Copart, Inc. PEG Ratio (TTM) | Copart, Inc. Quote Lam Research Corporation (LRCX): This semiconductor processing equipment manufacturer, which carries a Zacks Rank #2 (Buy), has witnessed the Zacks Consensus Estimate for its current year earnings rising 0.1% over the last 60 days. Lam Research Corporation Price and Consensus Lam Research Corporation Price and Consensus | Lam Research Corporation Quote Lam Research has a PEG ratio 0.90, compared with 1.24 for the industry. The company possesses a Growth Score of A. Lam Research Corporation PEG Ratio (TTM) Lam Research Corporation PEG Ratio (TTM) | Lam Research Corporation Quote See the full list of top ranked stocks here Learn more about the Growth score and how it is calculated here . 5 Medical Stocks to Buy Now Zacks names 5 companies poised to ride a medical breakthrough that is targeting cures for leukemia, AIDS, muscular dystrophy, hemophilia, and other conditions. New products in this field are already generating substantial revenue and even more wondrous treatments are in the pipeline. Early investors could realize exceptional profits. Click here to see the 5 stocks >> Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report S&P Global Inc. (SPGI): Free Stock Analysis Report Lam Research Corporation (LRCX): Free Stock Analysis Report Copart, Inc. (CPRT): Free Stock Analysis Report Cigna Corporation (CI): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Monro Muffler Brake Earns RS Rating Upgrade In a welcome move, Monro Muffler Brake ( MNRO ) saw its Relative Strength Rating rise from 64 to 76 on Monday. [ibd-display-video id=2385970 width=50 float=left autostart=true] IBD's unique rating identifies market leadership with a 1 (worst) to 99 (best) score. The rating shows how a stock's price movement over the trailing 52 weeks compares to all the other stocks in our database. History shows that the stocks that go on to make the biggest gains typically have an 80 or better RS Rating in the early stages of their moves. See if Monro Muffler Brake can continue to rebound and hit that benchmark. See How IBD Helps You Make More Money In Stocks Monro Muffler Brake is now considered extended and out of buy range after clearing a 54.50 buy point in a first-stage cup with handle . See if the stock forms a new pattern or follow-on buying opportunity like a three-weeks tight or pullback to the 50-day or 10-week line. The company reported 4% earnings growth in the latest quarterly report. Sales rose 13%. Look for the next report on or around Feb. 1. The company earns the No. 4 rank among its peers in the Retail/Wholesale-Auto industry group. Copart ( CPRT ) is the No. 1-ranked stock within the group. RELATED: IBD Stock Rating Upgrades: Rising Relative Strength Why Should You Use IBD's Relative Strength Rating? How Relative Strength Line Can Help You Judge A Stock The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. Sponsored Links This Is The Highest Rated Hearing Aid In The US hear.com The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Top Ranked Growth Stocks to Buy for January 8th""]"
CPRT,2018-01-09,10.9075,10.925,10.775,10.87,
CPRT,2018-01-10,10.8625,10.8975,10.8,10.88,
CPRT,2018-01-11,10.8925,11.1256,10.89,11.125,
CPRT,2018-01-12,11.1275,11.2175,11.0325,11.2125,
CPRT,2018-01-16,11.27,11.315,11.04,11.08,"[""Top Ranked Growth Stocks to Buy for January 16th"", ""Top Ranked Growth Stocks to Buy for January 16th"", ""Top Ranked Growth Stocks to Buy for January 16th Here are three stocks with buy ranks and strong growth characteristics for investors to consider today, January 16th: S&P Global Inc. (SPGI): This provider of independent ratings, benchmarks and data, which carries a Zacks Rank #2 (Buy), has witnessed the Zacks Consensus Estimate for its current year earnings increasing 0.3% over the last 60 days. S&P Global Inc. Price and Consensus S&P Global Inc. price-consensus-chart | S&P Global Inc. Quote S&P Global has a PEG ratio of 1.96, compared with 2.20 for the industry. The company possesses a Growth Score of B. S&P Global Inc. PEG Ratio (TTM) S&P Global Inc. peg-ratio-ttm | S&P Global Inc. Quote Copart, Inc. (CPRT): This vehicle remarketing services provider, which carries a Zacks Rank #1 (Strong Buy), has witnessed the Zacks Consensus Estimate for its current year earnings increasing 7.8% over the last 60 days. Copart, Inc. Price and Consensus Copart, Inc. price-consensus-chart | Copart, Inc. Quote Copart has a PEG ratio of 1.46, compared with 1.88 for the industry. The company possesses a Growth Score of B. Copart, Inc. PEG Ratio (TTM) Copart, Inc. peg-ratio-ttm | Copart, Inc. Quote Oshkosh Corporation (OSK): This designer of specialty vehicles, which carries a Zacks Rank #2 (Buy), has witnessed the Zacks Consensus Estimate for its current year earnings increasing 2.2% over the last 60 days. Oshkosh Corporation Price and Consensus Oshkosh Corporation price-consensus-chart | Oshkosh Corporation Quote Oshkosh has a PEG ratio of 1.22, compared with 1.36 for the industry. The company possesses a Growth Score of A. Oshkosh Corporation PEG Ratio (TTM) Oshkosh Corporation peg-ratio-ttm | Oshkosh Corporation Quote Jacobs Engineering Group Inc. (JEC): This provider of technical and professional services, which carries a Zacks Rank #2 (Buy), has witnessed the Zacks Consensus Estimate for its current year earnings increasing 6.3% over the last 60 days. Jacobs Engineering Group Inc. Price and Consensus Jacobs Engineering Group Inc. price-consensus-chart | Jacobs Engineering Group Inc. Quote Jacobs Engineering has a PEG ratio of 1.40, compared with 2.39 for the industry. The company possesses a Growth Score of A. Jacobs Engineering Group Inc. PEG Ratio (TTM) Jacobs Engineering Group Inc. peg-ratio-ttm | Jacobs Engineering Group Inc. Quote See the full list of top ranked stocks here Learn more about the Growth score and how it is calculated here . Today's Stocks from Zacks' Hottest Strategies It's hard to believe, even for us at Zacks. But while the market gained +18.8% from 2016 - Q1 2017, our top stock-picking screens have returned +157.0%, +128.0%, +97.8%, +94.7%, and +90.2% respectively. And this outperformance has not just been a recent phenomenon. Over the years it has been remarkably consistent. From 2000 - Q1 2017, the composite yearly average gain for these strategies has beaten the market more than 11X over. Maybe even more remarkable is the fact that we're willing to share their latest stocks with you without cost or obligation. See Them Free>> Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report S&P Global Inc. (SPGI): Free Stock Analysis Report Oshkosh Corporation (OSK): Free Stock Analysis Report Jacobs Engineering Group Inc. (JEC): Free Stock Analysis Report Copart, Inc. (CPRT): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Top Ranked Growth Stocks to Buy for January 16th""]"
CPRT,2018-01-17,11.1275,11.1275,11.0175,11.0825,
CPRT,2018-01-18,11.0725,11.1862,11.065,11.15,"[""Business Services Industry Stock Outlook - January 2018"", ""Top Ranked Growth Stocks to Buy for January 18th"", ""Business Services Industry Stock Outlook - January 2018"", ""Top Ranked Growth Stocks to Buy for January 18th"", ""Stocks Generating Improved Relative Strength: O'Reilly Automotive O'Reilly Automotive ( ORLY ) had its Relative Strength ( RS ) Rating upgraded from 70 to 75 Thursday -- a welcome improvement, but still shy of the 80 or higher score you prefer to see. [ibd-display-video id=2102289 width=50 float=left autostart=true] IBD's proprietary rating tracks share price performance with a 1 (worst) to 99 (best) score. The grade shows how a stock's price behavior over the last 52 weeks holds up against all the other stocks in our database. History shows that the best-performing stocks tend to have an RS Rating of at least 80 in the early stages of their moves. See if O'Reilly Automotive can continue to rebound and hit that benchmark. See How IBD Helps You Make More Money In Stocks O'Reilly Automotive is not currently showing a potential buy point. See if the stock goes on to build a chart pattern that could launch a new move. The company showed 11% EPS growth in its most recent report, while sales growth came in at 5%. Look for the next report on or around Feb. 7. The company earns the No. 3 rank among its peers in the Retail/Wholesale-Auto industry group. Copart ( CPRT ) is the No. 1-ranked stock within the group. RELATED: Stocks With Rising Relative Strength Ratings Why Should You Use IBD's Relative Strength Rating? How Relative Strength Line Can Help You Judge A Stock The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Business Services Industry Stock Outlook - January 2018"", ""Top Ranked Growth Stocks to Buy for January 18th""]"
CPRT,2018-01-19,11.25,11.5225,11.1725,11.4175,
CPRT,2018-01-22,11.4175,11.462,11.245,11.355,"[""5 Top Efficient Stocks to Buy for Striking Returns"", ""5 Top Efficient Stocks to Buy for Striking Returns"", ""Stocks Showing Improving Market Leadership: O'Reilly Automotive Earns 81 RS Rating One important metric to look for in a stock is an 80 or higher Relative Strength Rating . O'Reilly Automotive ( ORLY ) just hit that mark, with a jump from 77 to 81 Monday. [ibd-display-video id=2102289 width=50 float=left autostart=true] IBD's unique RS Rating tracks market leadership by showing how a stock's price action over the last 52 weeks compares to that of other stocks on the major indexes. History reveals that the stocks that go on to make the biggest gains tend to have an 80 or better RS Rating in the early stages of their moves. Looking For Winning Stocks? Try This Simple Routine While O'Reilly Automotive is not near a proper buy point right now, see if it is able to form and break out of a proper chart pattern. O'Reilly Automotive reported 11% earnings growth in its most recent report. Revenue increased 5%. The company is expected to report its latest earnings and sales numbers on or around Feb. 7. The company holds the No. 3 rank among its peers in the Retail/Wholesale-Auto industry group. Copart ( CPRT ) is the No. 1-ranked stock within the group. RELATED: IBD Stock Rating Upgrades: Rising Relative Strength Why Should You Use IBD's Relative Strength Rating? How Relative Strength Line Can Help You Judge A Stock The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""IBD Rating Upgrades: Monro Muffler Brake Flashes Improved Price Strength Monro Muffler Brake ( MNRO ) saw a welcome improvement to its Relative Strength ( RS ) Rating on Monday, with an increase from 65 to 71. [ibd-display-video id=2385970 width=50 float=left autostart=true] IBD's proprietary RS Rating identifies technical performance by showing how a stock's price action over the last 52 weeks measures up against that of the other stocks in our database. History shows that the market's biggest winners tend to have an RS Rating north of 80 in the early stages of their moves. See if Monro Muffler Brake can continue to show renewed price strength and clear that threshold. See How IBD Helps You Make More Money In Stocks Monro Muffler Brake has moved more than 5% past a 54.50 entry in a first-stage cup with handle , meaning it's now out of a proper buy range. Look for the stock to create a new chance to pick up shares like a three-weeks tight or pullback to the 50-day or 10-week line. Monro Muffler Brake posted 4% earnings growth in its most recent report, while sales growth came in at 13%. The next quarterly numbers are expected on or around Feb. 1. Monro Muffler Brake earns the No. 5 rank among its peers in the Retail/Wholesale-Auto industry group. Copart ( CPRT ) is the top-ranked stock within the group. RELATED: IBD Stock Rating Upgrades: Rising Relative Strength Why Should You Use IBD's Relative Strength Rating? How Relative Strength Line Can Help You Judge A Stock The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""5 Top Efficient Stocks to Buy for Striking Returns InvestorPlace - Stock Market News, Stock Advice & Trading Tips Companies with favorable efficiency levels are likely to be on investors' radar irrespective of market conditions. After all, efficiency is a potential indicator of a company's financial health. Moreover, a company with a favorable efficiency level is expected to provide impressive returns as it is believed to be positively correlated with its price performance. Source: Shutterstock Key Ratios to Identify Efficiency Sometimes it becomes difficult to measure the efficiency level of a company. This is the reason why one must consider popular efficiency ratios while selecting stocks. These efficiency ratios are: Inventory Turnover: The ratio of 12-month cost of goods sold (COGS) to a four-quarter average inventory is considered one of the most popular efficiency ratios. It indicates a company's ability to maintain a suitable inventory position. While a high value indicates that the company has a relatively low level of inventory compared to COGS, a low value indicates that the company is facing declining sales, which resulted in excess inventory. The Secret to 162% Gains From Safe Blue-Chip Dividends Receivables Turnover: This is the ratio of 12-month sales to four-quarter average receivables. It shows a company's potential to extend its credit and collect debt in terms of that credit. A high receivables turnover ratio or the \""accounts receivable turnover ratio\"" or \""debtor's turnover ratio\"" is desirable as it shows that the company is capable of collecting its accounts receivables or that it has quality customers. Asset Utilization: This ratio indicates a company's capability to convert assets into output and is thus a widely known measure of efficiency level. It is calculated by dividing total sales over the past 12 months by the last four-quarter average of total assets. Like the above ratios, high asset utilization may indicate that a company is efficient. Operating Margin: This efficiency measure is the ratio of operating income over the past 12 months to sales over the same period. It measures a company's ability to control operating expenses. Hence, a high value of the ratio may indicate that the company manages its operating expenses more efficiently than its peers. Screening Parameters In addition to the above-mentioned ratios, we have added a favorable Zacks Rank #1 (Strong Buy) or 2 (Buy) to the screen with an objective to make this strategy more profitable. Inventory Turnover, Receivables Turnover, Asset Utilization and Operating Margin greater than industry average (Values of these ratios higher than industry averages may indicate that the efficiency level of the company is higher than its peers.) The use of these few criteria has narrowed down the universe of over 7,906 stocks to only 21. Here are five stocks from the 21 that made it through the screen: Copart, Inc. (NASDAQ: CPRT ) provides online auctions and vehicle remarketing services. The company has an average four-quarter positive earnings surprise of 10.7%.The stock sports a Zacks Rank #1. Forward Air Corporation (NASDAQ: FWRD ) operates as an asset-light freight and logistics company in the United State and Canada. The company has an average four-quarter positive earnings surprise of 8.5%. The stock has a Zacks Rank #1. Meta Financial Group Inc. (NASDAQ: CASH ) operates as the holding company for MetaBank that offers various banking products and services to individuals, small businesses, financial institutions and other businesses. The company has an average four-quarter positive earnings surprise of 129.7%. The stock sports a Zacks Rank #1. Pioneer Natural Resources (NYSE: PXD ) operates as an independent oil and gas exploration and production company in the United States. The company has an average four-quarter positive earnings surprise of 67.7%. The stock sports a Zacks Rank #1. NVR, Inc. (NYSE: NVR ) operates as a homebuilder in the United States. The company operates through four segments: Mid Atlantic, North East, Mid East and South East. The company has an average four-quarter positive earnings surprise of 17.2%. The stock has a Zacks Rank #2. 4 of the Best Stocks to Buy on Earnings Acceleration You can get the rest of the stocks on this list by signing up now for your 2-week free trial to the Research Wizard and start using this screen in your own trading. Further, you can also create your own strategies and test them first before taking the investment plunge. The Research Wizard is a great place to begin. It's easy to use. Everything is in plain language. And it's very intuitive. Start your Research Wizard trial today. And the next time you read an economic report, open up the Research Wizard, plug your finds in, and see what gems come out. Click here to sign up for a free trial to the Research Wizard today . Disclosure: Officers, directors and/or employees of Zacks Investment Research may own or have sold short securities and/or hold long and/or short positions in options that are mentioned in this material. An affiliated investment advisory firm may own or have sold short securities and/or hold long and/or short positions in options that are mentioned in this material. Disclosure: Performance information for Zacks' portfolios and strategies are available at:https://www.zacks.com/performance Zacks Restaurant Recommendations: In addition to dining at these special places, you can feast on their stock shares. A Zacks Special Report spotlights 5 recent IPOs to watch plus 2 stocks that offer immediate promise in a booming sector. Download it free \u00bb More From InvestorPlace The Top 10 Value Stocks in the S&P 500 6 Industrial Stocks Likely to Beat Estimates in Q4 5 Mutual Funds to Buy as U.S. Industrial Production Surges Compare Brokers The post 5 Top Efficient Stocks to Buy for Striking Returns appeared first on InvestorPlace . The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""5 Top Efficient Stocks to Buy for Striking Returns""]"
CPRT,2018-01-23,11.355,11.4025,11.2375,11.2475,"[""Zacks.com featured highlights include: Copart, Forward Air, Meta Financial, Pioneer Natural and NVR"", ""Zacks.com featured highlights include: Copart, Forward Air, Meta Financial, Pioneer Natural and NVR"", ""Zacks.com featured highlights include: Copart, Forward Air, Meta Financial, Pioneer Natural and NVR For Immediate Release Chicago, IL - January 23, 2018 - Stocks in this week's article Copart, Inc. CPRT , Forward Air Corporation FWRD , Meta Financial Group Inc CASH , Pioneer Natural Resources Company PXD and NVR, Inc. NVR . Top 5 Efficient Stocks to Buy for Striking Returns Companies with favorable efficiency levels are likely to be on investors' radar irrespective of market conditions. After all, efficiency is a potential indicator of a company's financial health. Moreover, a company with a favorable efficiency level is expected to provide impressive returns as it is believed to be positively correlated with its price performance. Key Ratios to Identify Efficiency Sometimes it becomes difficult to measure the efficiency level of a company. This is the reason why one must consider popular efficiency ratios while selecting stocks. These efficiency ratios are: Inventory Turnover: The ratio of 12-month cost of goods sold (COGS) to a four-quarter average inventory is considered one of the most popular efficiency ratios. It indicates a company's ability to maintain a suitable inventory position. While a high value indicates that the company has a relatively low level of inventory compared to COGS, a low value indicates that the company is facing declining sales, which resulted in excess inventory. Receivables Turnover: This is the ratio of 12-month sales to four-quarter average receivables. It shows a company's potential to extend its credit and collect debt in terms of that credit. A high receivables turnover ratio or the \""accounts receivable turnover ratio\"" or \""debtor's turnover ratio\"" is desirable as it shows that the company is capable of collecting its accounts receivables or that it has quality customers. Asset Utilization: This ratio indicates a company's capability to convert assets into output and is thus a widely known measure of efficiency level. It is calculated by dividing total sales over the past 12 months by the last four-quarter average of total assets. Like the above ratios, high asset utilization may indicate that a company is efficient. Operating Margin: This efficiency measure is the ratio of operating income over the past 12 months to sales over the same period. It measures a company's ability to control operating expenses. Hence, a high value of the ratio may indicate that the company manages its operating expenses more efficiently than its peers. For the rest of this Screen of the Week article please visit Zacks.com at: https://www.zacks.com/stock/news/289539/5-top-efficient-stocks-to-buy-for-striking-returns Disclosure: Officers, directors and/or employees of Zacks Investment Research may own or have sold short securities and/or hold long and/or short positions in options that are mentioned in this material. An affiliated investment advisory firm may own or have sold short securities and/or hold long and/or short positions in options that are mentioned in this material. About Screen of the Week Zacks.com created the first and best screening system on the web earning the distinction as the \""#1 site for screening stocks\"" by Money Magazine. But powerful screening tools is just the start. That is why Zacks created the Screen of the Week to highlight profitable stock picking strategies that investors can actively use. Strong Stocks that Should Be in the News Many are little publicized and fly under the Wall Street radar. They're virtually unknown to the general public. Yet today's 220 Zacks Rank #1 \""Strong Buys\"" were generated by the stock-picking system that has more than doubled the market from 1988 through 2016. Its average gain has been a stellar +25% per year. See these high-potential stocks free >>. Follow us on Twitter: http://twitter.com/zacksresearch Join us on Facebook: http://www.facebook.com/ZacksInvestmentResearch Zacks Investment Research is under common control with affiliated entities (including a broker-dealer and an investment adviser), which may engage in transactions involving the foregoing securities for the clients of such affiliates. Contact: Jim Giaquinto Company: Zacks.com Phone: 312-265-9268 Email: pr@zacks.com Visit: www.Zacks.com Zacks.com provides investment resources and informs you of these resources, which you may choose to use in making your own investment decisions. Zacks is providing information on this resource to you subject to the Zacks \""Terms and Conditions of Service\"" disclaimer. www.zacks.com/disclaimer . Past performance is no guarantee of future results. Inherent in any investment is the potential for loss. This material is being provided for informational purposes only and nothing herein constitutes investment, legal, accounting or tax advice, or a recommendation to buy, sell or hold a security. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. It should not be assumed that any investments in securities, companies, sectors or markets identified and described were or will be profitable. All information is current as of the date of herein and is subject to change without notice. Any views or opinions expressed may not reflect those of the firm as a whole. Zacks Investment Research does not engage in investment banking, market making or asset management activities of any securities. These returns are from hypothetical portfolios consisting of stocks with Zacks Rank = 1 that were rebalanced monthly with zero transaction costs. These are not the returns of actual portfolios of stocks. The S&P 500 is an unmanaged index. Visit http://www.zacks.com/performance for information about the performance numbers displayed in this press release. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Forward Air Corporation (FWRD): Free Stock Analysis Report NVR, Inc. (NVR): Free Stock Analysis Report Meta Financial Group, Inc. (CASH): Free Stock Analysis Report Pioneer Natural Resources Company (PXD): Free Stock Analysis Report Copart, Inc. (CPRT): Free Stock Analysis Report To read this article on Zacks.com click here. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Zacks.com featured highlights include: Copart, Forward Air, Meta Financial, Pioneer Natural and NVR""]"
CPRT,2018-01-24,11.285,11.3338,11.1125,11.18,
CPRT,2018-01-25,11.215,11.29,11.165,11.245,"[""Genuine Parts Earns Relative Strength Rating Upgrade Genuine Parts ( GPC ) saw a welcome improvement to its Relative Strength ( RS ) Rating on Thursday, rising from 70 to 76. [ibd-display-video id=2881825 width=50 float=left autostart=true] This unique rating measures technical performance by showing how a stock's price movement over the last 52 weeks compares to that of the other stocks in our database. Decades of market research shows that the market's biggest winners often have an RS Rating north of 80 in the early stages of their moves. See if Genuine Parts can continue to show renewed price strength and hit that benchmark. See How IBD Helps You Make More Money In Stocks Genuine Parts has climbed more than 5% past a 98.73 entry in a first-stage flat base , meaning it's now out of a proper buy zone. Look for the stock to create a new buying opportunity like a three-weeks tight or pullback to the 50-day or 10-week moving average. The company reported -6% EPS growth in the latest quarterly report. Revenue increased 4%. Look for the next report on or around Feb. 21. The company holds the No. 6 rank among its peers in the Retail/Wholesale-Auto industry group. Copart ( CPRT ), LKQ ( LKQ ) and O'Reilly Automotive ( ORLY ) are among the top 5 highly rated stocks within the group. RELATED: IBD Stock Rating Upgrades: Rising Relative Strength Why Should You Use IBD's Relative Strength Rating? How Relative Strength Line Can Help You Judge A Stock The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. Sponsored Links This Is The Highest Rated Hearing Aid In The US hear.com The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Monro Muffler Brake Shows Market Leadership With Jump To 81 RS Rating On Thursday, Monro Muffler Brake ( MNRO ) earned a positive adjustment to its Relative Strength ( RS ) Rating , from 77 to 81. [ibd-display-video id=2385970 width=50 float=left autostart=true] IBD's proprietary RS Rating identifies market leadership by showing how a stock's price movement over the last 52 weeks compares to that of the other stocks in our database. History shows that the market's biggest winners often have an 80 or higher RS Rating as they begin their biggest climbs. See How IBD Helps You Make More Money In Stocks Monro Muffler Brake has climbed more than 5% past a 54.50 entry in a first-stage cup with handle , meaning it's now out of a proper buy range. Look for the stock to offer a new chance to pick up shares like a three-weeks tight or pullback to the 50-day or 10-week line. Monro Muffler Brake reported 4% earnings growth last quarter. Revenue increased 13%. The next quarterly numbers are expected on or around Feb. 1. Monro Muffler Brake earns the No. 4 rank among its peers in the Retail/Wholesale-Auto industry group. Copart ( CPRT ) is the top-ranked stock within the group. RELATED: Which Stocks Are Showing Improved Price Performance? Why Should You Use IBD's Relative Strength Rating? How Relative Strength Line Can Help You Judge A Stock The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.""]"
CPRT,2018-01-26,11.2525,11.3375,11.1675,11.335,
CPRT,2018-01-29,11.3175,11.329,11.18,11.1975,
CPRT,2018-01-30,11.1375,11.23,11.0792,11.1,
CPRT,2018-01-31,11.145,11.1925,10.9475,11.0175,
CPRT,2018-02-01,10.9975,11.045,10.8675,10.905,"[""How to Take Notes on a Company's Balance Sheet"", ""How to Take Notes on a Company's Balance Sheet"", ""How to Take Notes on a Company's Balance Sheet""]"
CPRT,2018-02-02,10.8375,10.9125,10.7998,10.86,
CPRT,2018-02-05,10.755,10.8575,10.4078,10.4275,
CPRT,2018-02-06,10.1625,10.4625,9.8025,10.44,
CPRT,2018-02-07,10.4,10.5425,10.38,10.435,
CPRT,2018-02-08,10.4325,10.57,10.185,10.1875,
CPRT,2018-02-09,10.2475,10.4538,10.0725,10.385,
CPRT,2018-02-12,10.5875,10.815,10.505,10.7075,"[""Stephens & Co. Upgrades Copart to Overweight"", ""Stephens & Co. Upgrades Copart to Overweight"", ""Stephens & Co. Upgrades Copart to Overweight""]"
CPRT,2018-02-13,10.635,10.83,10.5225,10.7975,"CPRT Crosses Above Average Analyst Target In recent trading, shares of Copart Inc (Symbol: CPRT) have crossed above the average analyst 12-month target price of $42.30, changing hands for $42.83/share. When a stock reaches the target an analyst has set, the analyst logically has two ways to react: downgrade on valuation, or, re-adjust their target price to a higher level. Analyst reaction may also depend on the fundamental business developments that may be responsible for driving the stock price higher - if things are looking up for the company, perhaps it is time for that target price to be raised. There are 5 different analyst targets contributing to that average for Copart Inc, but the average is just that - a mathematical average. There are analysts with lower targets than the average, including one looking for a price of $35.50. And then on the other side of the spectrum one analyst has a target as high as $49.00. The standard deviation is $5.286. But the whole reason to look at the average CPRT price target in the first place is to tap into a ""wisdom of crowds"" effort, putting together the contributions of all the individual minds who contributed to the ultimate number, as opposed to what just one particular expert believes. And so with CPRT crossing above that average target price of $42.30/share, investors in CPRT have been given a good signal to spend fresh time assessing the company and deciding for themselves: is $42.30 just one stop on the way to an even higher target, or has the valuation gotten stretched to the point where it is time to think about taking some chips off the table? Below is a table showing the current thinking of the analysts that cover Copart Inc: The average rating presented in the last row of the above table above is from 1 to 5 where 1 is Strong Buy and 5 is Strong Sell. This article used data provided by Zacks Investment Research via Quandl.com . Get the latest Zacks research report on CPRT - FREE . 10 ETFs With Most Upside To Analyst Targets » The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
CPRT,2018-02-14,10.7675,11.2275,10.7356,11.225,
CPRT,2018-02-15,11.23,11.4825,11.025,11.435,"[""Tracking Allan Mecham's Arlington Value Capital Portfolio - Q4 2017 Update"", ""Tracking Allan Mecham's Arlington Value Capital Portfolio - Q4 2017 Update"", ""Tracking Allan Mecham's Arlington Value Capital Portfolio - Q4 2017 Update""]"
CPRT,2018-02-16,11.4,11.655,11.325,11.615,
CPRT,2018-02-20,11.7125,11.7775,11.7125,11.7125,
CPRT,2018-02-21,11.76,11.9133,11.5125,11.5275,
CPRT,2018-02-22,11.56,11.6375,11.4725,11.55,
CPRT,2018-02-23,11.6075,11.705,11.4825,11.6925,"Pre-Market Earnings Report for February 26, 2018 : CPRT, AWI, WBT, DORM, KOS, SEMG, BCC, GOV, NSA, EGRX, CLDT, DF The following companies are expected to report earnings prior to market open on 02/26/2018. Visit our Earnings Calendar for a full list of expected earnings releases. Copart, Inc. ( CPRT ) is reporting for the quarter ending January 31, 2018. The auction company's consensus earnings per share forecast from the 5 analysts that follow the stock is $0.38. This value represents a 31.03% increase compared to the same quarter last year. In the past year CPRT has met analyst expectations once and beat the expectations the other three quarters. Zacks Investment Research reports that the 2018 Price to Earnings ratio for CPRT is 30.20 vs. an industry ratio of 22.20, implying that they will have a higher earnings growth than their competitors in the same industry. Armstrong World Industries Inc ( AWI ) is reporting for the quarter ending December 31, 2017. The building company's consensus earnings per share forecast from the 2 analysts that follow the stock is $0.66. This value represents a 46.67% increase compared to the same quarter last year. Zacks Investment Research reports that the 2017 Price to Earnings ratio for AWI is 21.44 vs. an industry ratio of 22.90. Welbilt, Inc. ( WBT ) is reporting for the quarter ending December 31, 2017. The machinery company's consensus earnings per share forecast from the 5 analysts that follow the stock is $0.25. This value represents a 56.25% increase compared to the same quarter last year. Zacks Investment Research reports that the 2017 Price to Earnings ratio for WBT is 27.92 vs. an industry ratio of 23.70, implying that they will have a higher earnings growth than their competitors in the same industry. Dorman Products, Inc. ( DORM ) is reporting for the quarter ending December 31, 2017. The auto (truck) company's consensus earnings per share forecast from the 3 analysts that follow the stock is $0.86. This value represents a 3.61% increase compared to the same quarter last year. The last two quarters DORM had negative earnings surprises; the latest report they missed by -8.05%. Zacks Investment Research reports that the 2017 Price to Earnings ratio for DORM is 21.68 vs. an industry ratio of 49.80. Kosmos Energy Ltd. ( KOS ) is reporting for the quarter ending December 31, 2017. The international company's consensus earnings per share forecast from the 3 analysts that follow the stock is $-0.11. This value represents a 1000.00% decrease compared to the same quarter last year. KOS missed the consensus earnings per share in the 3rd calendar quarter of 2017 by -50%. Zacks Investment Research reports that the 2017 Price to Earnings ratio for KOS is -16.11 vs. an industry ratio of -18.80, implying that they will have a higher earnings growth than their competitors in the same industry. Semgroup Corporation ( SEMG ) is reporting for the quarter ending December 31, 2017. The oil (production/pipeline) company's consensus earnings per share forecast from the 4 analysts that follow the stock is $0.03. This value represents a 83.33% decrease compared to the same quarter last year. In the past year SEMG has beat the expectations every quarter. The highest one was in the 3rd calendar quarter where they beat the consensus by 33.33%. Zacks Investment Research reports that the 2017 Price to Earnings ratio for SEMG is -100.00 vs. an industry ratio of 21.80. Boise Cascade, L.L.C. ( BCC ) is reporting for the quarter ending December 31, 2017. The building company's consensus earnings per share forecast from the 2 analysts that follow the stock is $0.28. This value represents a 833.33% increase compared to the same quarter last year. BCC missed the consensus earnings per share in the 2nd calendar quarter of 2017 by -6.56%. Zacks Investment Research reports that the 2017 Price to Earnings ratio for BCC is 22.42 vs. an industry ratio of 30.50. Government Properties Income Trust ( GOV ) is reporting for the quarter ending December 31, 2017. The reit company's consensus earnings per share forecast from the 5 analysts that follow the stock is $0.55. This value represents a 5.17% decrease compared to the same quarter last year. GOV missed the consensus earnings per share in the 1st calendar quarter of 2017 by -3.45%. Zacks Investment Research reports that the 2017 Price to Earnings ratio for GOV is 7.49 vs. an industry ratio of 16.50. National Storage Affiliates Trust ( NSA ) is reporting for the quarter ending December 31, 2017. The reit company's consensus earnings per share forecast from the 7 analysts that follow the stock is $0.31. This value represents a 3.33% increase compared to the same quarter last year. Zacks Investment Research reports that the 2017 Price to Earnings ratio for NSA is 19.45 vs. an industry ratio of 16.50, implying that they will have a higher earnings growth than their competitors in the same industry. Eagle Pharmaceuticals, Inc. ( EGRX ) is reporting for the quarter ending December 31, 2017. The medical products company's consensus earnings per share forecast from the 2 analysts that follow the stock is $1.19. This value represents a 66.19% decrease compared to the same quarter last year. The ""days to cover"" for this stock exceeds 14 days. Zacks Investment Research reports that the 2017 Price to Earnings ratio for EGRX is 14.48 vs. an industry ratio of -39.70, implying that they will have a higher earnings growth than their competitors in the same industry. Chatham Lodging Trust (REIT) ( CLDT ) is reporting for the quarter ending December 31, 2017. The reit company's consensus earnings per share forecast from the 3 analysts that follow the stock is $0.38. This value represents a 13.64% decrease compared to the same quarter last year. In the past year CLDT has met analyst expectations once and beat the expectations the other three quarters. Zacks Investment Research reports that the 2017 Price to Earnings ratio for CLDT is 9.62 vs. an industry ratio of 16.50. Dean Foods Company ( DF ) is reporting for the quarter ending December 31, 2017. The dairy company's consensus earnings per share forecast from the 5 analysts that follow the stock is $0.26. This value represents a 31.58% decrease compared to the same quarter last year. Zacks Investment Research reports that the 2017 Price to Earnings ratio for DF is 12.28 vs. an industry ratio of 31.00. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
CPRT,2018-02-26,12.365,12.6775,11.685,11.73,"[""Copart's (CPRT) CEO Jay Adair on Q2 2018 Results - Earnings Call Transcript"", ""Copart beats by $0.07, beats on revenue"", ""Copart runs to new high after earnings"", ""Earnings Scheduled For February 26, 2018"", ""Copart Reports Q2 EPS $0.43 vs $0.40 Est., Sales $459.1M vs $428.6M Est."", ""Copart Reports Q2 EPS $0.43 vs $0.40 Est., Sales $459.1M vs $428.6M Est."", ""Earnings Scheduled For February 26, 2018"", ""Copart's (CPRT) CEO Jay Adair on Q2 2018 Results - Earnings Call Transcript"", ""Copart runs to new high after earnings"", ""Copart beats by $0.07, beats on revenue"", ""Copart's Sales and Earnings Spike in the Second Quarter Online automotive auction company Copart (NASDAQ: CPRT) saw its revenue jump in the second quarter of fiscal 2018, and earnings spiked, even as the company continued to experience an increase in operational expenses as a result of Hurricane Harvey last year. Copart results: The raw numbers Data source: Copart. What happened with Copart this quarter Total revenue was up by 31.3% year over year, to $459.1 million. The vast majority of the company's revenue came from its services segment, which reported $401.9 million in revenue in the quarter. Global unit sales were up 15.5% year over year. Gross margins slid to 41.7% from 42% a year ago. Operating income was $150.9 million, which was a 38.6% increase from the year-ago quarter. Total operating expenses grew by more than 28% year over year, to $308.1 million. Copart said its operating results for the second quarter were \""adversely affected\"" by costs of $36.5 million that were incurred as a result of Hurricane Harvey. The company had a $10 million charge to income tax expenses for the repatriation of foreign earnings and profit as a result of the new tax law. But Copart also received a favorable adjustment of $7.6 million to its taxes in the quarter, to account for its new federal corporate tax rate under the new tax law. What management had to say Copart CFO Jeff Liaw said on theearnings callthat the company's U.S. average selling price increased in the quarter by 27.5% year over year, mainly due to \""increased bidding activity\"" from buyers as newer cars were being totaled and less severely damaged cars were being designated as a total loss. Management spent a significant amount of time on the call discussing the impact of Hurricane Harvey on the company. Executive Vice President Will Franklin said: Franklin added that one of the biggest improvements Copart is making is in how it recovers and stores flooded cars. The company has acquired more permanent lots and facilities in the Houston area, and in other areas in the U.S. that are prone to hurricanes, in order to help control the costs associated with leasing land during a catastrophic event. Looking ahead As usual, the company's management didn't offer any guidance, but did mention that it's continuing to invest in land for the development of lots. Liaw said that, \""We invested $69.4 million this past quarter, of which approximately 80% ... was for land and development, a continuation of our capacity expansion efforts in general.\"" Buying up more land is still very much a part of Copart's current growth strategy and Franklin told analysts on the call that, \""[W]e don't see the need for land abating in the next few years.\"" 10 stocks we like better than Copart When investing geniuses David and Tom Gardner have a stock tip, it can pay to listen. After all, the newsletter they have run for over a decade, Motley Fool Stock Advisor , has tripled the market.* David and Tom just revealed what they believe are the 10 best stocks for investors to buy right now... and Copart wasn't one of them! That's right -- they think these 10 stocks are even better buys. Click here to learn about these picks! *Stock Advisor returns as of February 5, 2018 Chris Neiger has no position in any of the stocks mentioned. The Motley Fool recommends Copart. The Motley Fool has a disclosure policy . The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Copart Reports Q2 EPS $0.43 vs $0.40 Est., Sales $459.1M vs $428.6M Est."", ""Earnings Scheduled For February 26, 2018"", ""Copart's (CPRT) CEO Jay Adair on Q2 2018 Results - Earnings Call Transcript"", ""Copart runs to new high after earnings"", ""Copart beats by $0.07, beats on revenue""]"
CPRT,2018-02-27,11.835,12.17,11.765,11.9175,"[""Copart (CPRT) Tops on Q2 Earnings & Revenues, Improves Y/Y"", ""Copart (CPRT) Tops on Q2 Earnings & Revenues, Improves Y/Y"", ""Copart (CPRT) Tops on Q2 Earnings & Revenues, Improves Y/Y Copart, Inc.CPRT reported adjusted earnings per share of 47 cents in second-quarter fiscal 2018 (ended Jan 31, 2018), beating the Zacks Consensus Estimate of 38 cents. The bottom line improved 62% from 29 cents recorded in the year-ago quarter. Net income was $103.3 million, reflecting a surge of 56.3% or $37.2 million from the second-quarter fiscal 2017. Copart's revenues rose 31.3% to $459.1 million from the year-ago quarter and surpassed the Zacks Consensus Estimate of $434.6 million. Service revenues went up 30% year over year to $402 million, while revenues from vehicle sales gained 45% to $57.2 million in comparison to the prior-year quarter. Copart, Inc. Price, Consensus and EPS Surprise Copart, Inc. Price, Consensus and EPS Surprise | Copart, Inc. Quote Gross margin improved 30.6% to $191.6 million in the reported quarter from $147 million a year ago. Total operating expenses also increased to $308.2 million from $240.7 million recorded in the prior-year period. This rise in expense is primarily due to increased equipment-lease expenses and labor costs as a result of Hurricane Harvey. Operating income increased to $151 million from $109 million a year ago. Financial Details Copart had cash and cash equivalents of $195.3 million as of Jan 31, 2018, compared with $210 million as of Jul 31, 2017. Long-term debt, revolving loan facility and capital lease obligations were $400.6 million as of Jan 31, 2017, which recorded a decline from $550.8 million as of Jul 31, 2017. In second-quarter fiscal 2018, Copart generated net cash flow of $186 million from operations compared with $156 million a year ago. Zacks Rank & Other Key Picks Copart sports a Zacks Rank #2 (Buy). A few other top-ranked stocks in the auto space are Genuine Parts Co. GPC , Volkswagen AG VLKAY and AB Volvo VLVLY , each carrying a Zacks Rank of 2. You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here . Genuine Parts has an expected long-term growth rate of 6.6%. In the last six months, shares of the company have gained 14.3%. Volkswagen has an expected long-term growth rate of 18.7%. In the last six months, shares of the company have gained 32.8%. Volvo has an expected long-term growth rate of 15%. Over a year, shares of the company have gained 47.8%. Zacks Top 10 Stocks for 2018 In addition to the stocks discussed above, would you like to know about our 10 finest buy-and-hold tickers for the entirety of 2018? Last year's 2017 Zacks Top 10 Stocks portfolio produced double-digit winners, including FMC Corp. and VMware which racked up stellar gains of +67.9% and +61%. Now a brand-new portfolio has been handpicked from over 4,000 companies covered by the Zacks Rank. Don't miss your chance to get in on these long-term buys. Access Zacks Top 10 Stocks for 2018 today >> Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Volkswagen AG (VLKAY): Free Stock Analysis Report AB Volvo (VLVLY): Free Stock Analysis Report Genuine Parts Company (GPC): Free Stock Analysis Report Copart, Inc. (CPRT): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Copart (CPRT) Tops on Q2 Earnings & Revenues, Improves Y/Y""]"
CPRT,2018-02-28,11.985,11.995,11.68,11.7025,
CPRT,2018-03-01,11.705,11.775,11.3775,11.4875,
CPRT,2018-03-02,11.4075,11.5625,11.3625,11.54,
CPRT,2018-03-05,11.4875,11.8775,11.4425,11.875,
CPRT,2018-03-06,11.8875,12.265,11.845,12.26,
CPRT,2018-03-07,12.125,12.3938,12.125,12.3825,"[""Lithia Motors, Inc. (LAD) Ex-Dividend Date Scheduled for March 08, 2018 Lithia Motors, Inc. ( LAD ) will begin trading ex-dividend on March 08, 2018. A cash dividend payment of $0.27 per share is scheduled to be paid on March 23, 2018. Shareholders who purchased LAD prior to the ex-dividend date are eligible for the cash dividend payment. This marks the 4th quarter that LAD has paid the same dividend. The previous trading day's last sale of LAD was $106.16, representing a -17.06% decrease from the 52 week high of $127.99 and a 31.26% increase over the 52 week low of $80.88. LAD is a part of the Consumer Durables sector, which includes companies such as Genuine Parts Company ( GPC ) and Copart, Inc. ( CPRT ). LAD's current earnings per share, an indicator of a company's profitability, is $9.76. Zacks Investment Research reports LAD's forecasted earnings growth in 2018 as 22.84%, compared to an industry average of 25.2%. For more information on the declaration, record and payment dates, visit the LAD Dividend History page. Our Dividend Calendar has the full list of stocks that have an ex-dividend today. Interested in gaining exposure to LAD through an Exchange Traded Fund [ETF]? The following ETF(s) have LAD as a top-10 holding: PowerShares S&P SmallCap Consumer Discretionary Portfolio ( PSCD ) SPDR S&P Retail ETF ( XRT ). The top-performing ETF of this group is XRT with an increase of 12.69% over the last 100 days. PSCD has the highest percent weighting of LAD at 2.22%. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Genuine Parts Company (GPC) Ex-Dividend Date Scheduled for March 08, 2018 Genuine Parts Company ( GPC ) will begin trading ex-dividend on March 08, 2018. A cash dividend payment of $0.72 per share is scheduled to be paid on April 02, 2018. Shareholders who purchased GPC prior to the ex-dividend date are eligible for the cash dividend payment. This represents an 6.67% increase over prior dividend payment. The previous trading day's last sale of GPC was $92.53, representing a -14.13% decrease from the 52 week high of $107.75 and a 15.87% increase over the 52 week low of $79.86. GPC is a part of the Capital Goods sector, which includes companies such as Copart, Inc. ( CPRT ) and CarMax Inc ( KMX ). GPC's current earnings per share, an indicator of a company's profitability, is $4.18. Zacks Investment Research reports GPC's forecasted earnings growth in 2018 as 23.28%, compared to an industry average of 15.2%. For more information on the declaration, record and payment dates, visit the GPC Dividend History page. Our Dividend Calendar has the full list of stocks that have an ex-dividend today. Interested in gaining exposure to GPC through an Exchange Traded Fund [ETF]? The following ETF(s) have GPC as a top-10 holding: SPDR Russell 1000 Yield Focus ETF ( ONEY ) SPDR Russell 1000 Low Volatility Focus ETF ( ONEV ) PowerShares Dividend Achievers Portfolio ( PFM ). The top-performing ETF of this group is PFM with an increase of 3.33% over the last 100 days. ONEY has the highest percent weighting of GPC at 1.01%. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.""]"
CPRT,2018-03-08,12.4175,12.4375,12.1275,12.275,"[""By The Numbers: Profitable Stocks With Reasonable Valuations And Rising Earnings Expectations"", ""By The Numbers: Profitable Stocks With Reasonable Valuations And Rising Earnings Expectations"", ""By The Numbers: Profitable Stocks With Reasonable Valuations And Rising Earnings Expectations""]"
CPRT,2018-03-09,12.3675,12.5525,12.295,12.5275,"[""Copart Acquires Nordic Salvage Auto Auction Co., No Terms Disclosed"", ""Copart Acquires Nordic Salvage Auto Auction Co., No Terms Disclosed"", ""Copart Acquires Nordic Salvage Auto Auction Co., No Terms Disclosed""]"
CPRT,2018-03-12,12.555,12.8,12.54,12.7775,
CPRT,2018-03-13,12.79,12.8775,12.6275,12.695,"[""IJK, TFX, IEX, CPRT: ETF Outflow Alert Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel , one standout is the iShares S&P Mid-Cap 400 Growth ETF (Symbol: IJK) where we have detected an approximate $79.5 million dollar outflow -- that's a 1.0% decrease week over week (from 36,500,000 to 36,150,000). Among the largest underlying components of IJK, in trading today Teleflex Incorporated (Symbol: TFX) is up about 0.8%, IDEX Corporation (Symbol: IEX) is up about 0.3%, and Copart Inc (Symbol: CPRT) is lower by about 0.3%. For a complete list of holdings, visit the IJK Holdings page \u00bb The chart below shows the one year price performance of IJK, versus its 200 day moving average: Looking at the chart above, IJK's low point in its 52 week range is $186.30 per share, with $230.66 as the 52 week high point - that compares with a last trade of $227.91. Comparing the most recent share price to the 200 day moving average can also be a useful technical analysis technique -- learn more about the 200 day moving average \u00bb . Exchange traded funds (ETFs) trade just like stocks, but instead of ''shares'' investors are actually buying and selling ''units''. These ''units'' can be traded back and forth just like stocks, but can also be created or destroyed to accommodate investor demand. Each week we monitor the week-over-week change in shares outstanding data, to keep a lookout for those ETFs experiencing notable inflows (many new units created) or outflows (many old units destroyed). Creation of new units will mean the underlying holdings of the ETF need to be purchased, while destruction of units involves selling underlying holdings, so large flows can also impact the individual components held within ETFs. Click here to find out which 9 other ETFs experienced notable outflows \u00bb The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Sonic Automotive, Inc. (SAH) Ex-Dividend Date Scheduled for March 14, 2018 Sonic Automotive, Inc. ( SAH ) will begin trading ex-dividend on March 14, 2018. A cash dividend payment of $0.06 per share is scheduled to be paid on April 13, 2018. Shareholders who purchased SAH prior to the ex-dividend date are eligible for the cash dividend payment. This represents an 20% increase over prior dividend payment. The previous trading day's last sale of SAH was $20.15, representing a -11.43% decrease from the 52 week high of $22.75 and a 26.33% increase over the 52 week low of $15.95. SAH is a part of the Consumer Durables sector, which includes companies such as Genuine Parts Company ( GPC ) and Copart, Inc. ( CPRT ). SAH's current earnings per share, an indicator of a company's profitability, is $2.12. Zacks Investment Research reports SAH's forecasted earnings growth in 2018 as 22.7%, compared to an industry average of 25.7%. For more information on the declaration, record and payment dates, visit the SAH Dividend History page. Our Dividend Calendar has the full list of stocks that have an ex-dividend today. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.""]"
CPRT,2018-03-14,12.7075,12.8288,12.5975,12.6775,"[""Copart (CPRT) to Gain From Acquisitions, Location Expansion"", ""Copart (CPRT) to Gain From Acquisitions, Location Expansion"", ""Copart (CPRT) to Gain From Acquisitions, Location Expansion On Mar 13, we issued an updated research report on Copart, Inc.CPRT . Copart anticipates that strategic acquisitions and the opening of facilities will strengthen its position in the market. In March 2018, with an aim to expand its presence in the Nordic region, it acquired AVK, a leading Finland-based salvage auto auction company. Earlier in June 2017, it acquired a pre-owned powersports vehicle auctioning company, known as National Powersport Auctions (NPA), which will expand its presence in Atlanta, Cincinnati, Dallas, Philadelphia and San Diego areas. Also, expansion of network facilities will help the company to manage its inflating volumes. During the second-quarter fiscal of 2018, it expanded in Phoenix, AR and Greenwell Springs, LA. Additionally, it bought a new site in San Antonio, TX to expand its existing location in the city. Copart, Inc. Price and Consensus Copart, Inc. Price and Consensus | Copart, Inc. Quote On Feb 26, Copart reported adjusted earnings per share of 47 cents for second-quarter fiscal 2018 (ended Jan 31, 2018), beating the Zacks Consensus Estimate of 38 cents. Quarterly revenues rose 31.3% year over year to $459.1 million. The top line also surpassed the Zacks Consensus Estimate. Moreover, the stock has seen the Zacks Consensus Estimate for quarterly earnings being revised 11.6% upward over the last 30 days and has a long-term growth rate of 20.1%. Price Performance In the last six months, shares of Copart outperformed the industry it belongs to. During the period, the company's stock skyrocketed 56.2% in comparison with the industry's gain of 36.5%. Zacks Rank & Other Key Picks Copart sports a Zacks Rank #1 (Strong Buy). Other top-ranked stocks in the auto space are General Motors Company GM , Honda Motor Co. Ltd. HMC and BMW AG BAMXF , each carrying a Zacks Rank #2 (Buy). You can see the complete list of today's Zacks #1 Rank stocks here . General Motors has an expected long-term growth rate of 8.4%. In the last six months, shares of the company have declined 2.2%. Honda has an expected long-term growth rate of 5.2%. Shares of the company have gained 18% in the last six months. BMW has an expected long-term growth rate of 4.2%. In the last three months, shares of the company have gained 3.8%. Breaking News: Cryptocurrencies Now Bigger than Visa The total market cap of all cryptos recently surpassed $700 billion - more than a 3,800% increase in the previous 12 months. They're now bigger than Morgan Stanley, Goldman Sachs and even Visa! The new asset class may expand even more rapidly in 2018 as new investors continue pouring in and Wall Street becomes increasingly involved. Zacks has just named 4 companies that enable investors to take advantage of the explosive growth of cryptocurrencies via the stock market. Click here to access these stocks >> Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report General Motors Company (GM): Free Stock Analysis Report Honda Motor Company, Ltd. (HMC): Free Stock Analysis Report Bayerische Motoren Werke AG (BAMXF): Free Stock Analysis Report Copart, Inc. (CPRT): Free Stock Analysis Report To read this article on Zacks.com click here. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Copart (CPRT) to Gain From Acquisitions, Location Expansion""]"
CPRT,2018-03-15,12.6775,12.6775,12.535,12.575,"[""5 Top-Ranked Efficient Stocks to Boost Your Portfolio"", ""5 Top-Ranked Efficient Stocks to Boost Your Portfolio"", ""5 Top-Ranked Efficient Stocks to Boost Your Portfolio Companies with favorable efficiency levels are likely to be on investors' radar irrespective of market conditions. After all, efficiency is a potential indicator of a company's financial health. Moreover, a company with a favorable efficiency level is expected to provide impressive returns as it is believed to be positively correlated with its price performance. How to Measure Efficiency? We have considered four popular ratios in order to find efficient companies that have the potential to provide impressive returns. Inventory Turnover Inventory level is one of the key indicators of a company's business health. While a high inventory level may indicate that the company is going through a rough patch in terms of sales, a dwindling level may indicate that it will run out of stock in a favorable sales condition. This is where inventory turnover comes into play. It is the ratio of 12-month cost of goods sold (COGS) to a 4-quarter average inventory. Thus, a high value of the ratio indicates a low level of inventory relative to COGS, while a low ratio signals that the company has excess inventory. Receivables Turnover This ratio is used to measure a company's capability to extend its credit and collect debts on the basis of that credit. Receivables turnover ratio or the \""accounts receivable turnover ratio\"" or the \""debtor's turnover ratio\"" is calculated by dividing 12-month sales by four-quarter average receivables. While a high ratio indicates that the company efficiently collects its accounts receivables or has quality customers, a low ratio signals that the company has an inefficient collection procedure or has low-quality customers or an inefficient credit policy. Asset Utilization This is a widely used measure of a company's efficiency. Asset utilization indicates a company's potential to utilize its assets. It is a ratio of total sales over the past 12 months to the last 4-quarter average of total assets. So, the higher the ratio, the greater is the chance that the company is utilizing its assets efficiently. On the contrary, a low value of the ratio signals that it is failing to use its assets effectively. Operating Margin Another popular efficiency ratio is operating margin. Operating profit margin, which is simply operating income over the past 12 months divided by sales over the same period, indicates how well a company is controlling its operating expenses. If a company has a high operating profit margin in relation to its competitors, it is doing a better job at controlling operating expenses. All these ratios can be considered as effective measures if one compares different companies within a particular sector or industry. This is the reason why we have considered only those companies that have higher ratios than their respective industry averages. Screening Parameters In addition to the above mentioned ratios, we have added a favorable Zacks Rank #1 (Strong Buy) to the screen with an objective to make this strategy more profitable. You can see the complete list of today's Zacks #1 Rank stocks here. Inventory Turnover, Receivables Turnover, Asset Utilization and Operating Margin greater than industry average (Values of these ratios higher than industry averages may indicate that the efficiency level of the company is higher than its peers.) The use of these few criteria has narrowed down the universe of over 7,906 stocks to only 22. Here are five stocks from the 22 that made it through the screen: Copart, Inc.CPRT provides online auctions and vehicle remarketing services. The company has an average four-quarter positive earnings surprise of 16.6%. Haemonetics CorporationHAE is a healthcare company that provides hematology products and solutions. The company has an average four-quarter positive earnings surprise of 17.5%. Surmodics, Inc.SRDX provides medical devices and in vitro diagnostic technologies to the healthcare industry in the United States and Ireland. The company has an average four-quarter positive earnings surprise of 723.8%. Alarm.com Holdings, Inc.ALRM provides cloud-based software platform solutions for smart residential and commercial properties in the United States and internationally. The company has an average four-quarter positive earnings surprise of 55.9%. ConocoPhillipsCOP explores, produces, transports, and markets crude oil, bitumen, natural gas, liquefied natural gas (LNG) and natural gas liquids worldwide. The company has an average four-quarter positive earnings surprise of 144.5%. You can get the rest of the stocks on this list by signing up now for your 2-week free trial to the Research Wizard and start using this screen in your own trading. Further, you can also create your own strategies and test them first before taking the investment plunge. The Research Wizard is a great place to begin. It's easy to use. Everything is in plain language. And it's very intuitive. Start your Research Wizard trial today. And the next time you read an economic report, open up the Research Wizard, plug your finds in, and see what gems come out. Click here to sign up for a free trial to the Research Wizard today . Disclosure: Officers, directors and/or employees of Zacks Investment Research may own or have sold short securities and/or hold long and/or short positions in options that are mentioned in this material. An affiliated investment advisory firm may own or have sold short securities and/or hold long and/or short positions in options that are mentioned in this material. Disclosure: Performance information for Zacks' portfolios and strategies are available at: https://www.zacks.com/performance Zacks Restaurant Recommendations: In addition to dining at these special places, you can feast on their stock shares. A Zacks Special Report spotlights 5 recent IPOs to watch plus 2 stocks that offer immediate promise in a booming sector. Download it free \u00bb Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Surmodics, Inc. (SRDX): Free Stock Analysis Report Haemonetics Corporation (HAE): Free Stock Analysis Report ConocoPhillips (COP): Free Stock Analysis Report Alarm.com Holdings, Inc. (ALRM): Free Stock Analysis Report Copart, Inc. (CPRT): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""5 Top-Ranked Efficient Stocks to Boost Your Portfolio""]"
CPRT,2018-03-16,12.55,12.825,12.55,12.76,"[""Zacks.com highlights: Copart, Haemonetics, Surmodics, Alarm.com Holdings and ConocoPhillips For Immediate Release Chicago, IL - March 16, 2018 - Stocks in this week's article include: Copart, Inc. CPRT , Haemonetics Corporation HAE , Surmodics, Inc. SRDX , Alarm.com Holdings, Inc. ALRM and ConocoPhillips COP . Screen of the Week of Zacks Investment Research: 5 Top-Ranked Efficient Stocks to Boost Your Portfolio Companies with favorable efficiency levels are likely to be on investors' radar irrespective of market conditions. After all, efficiency is a potential indicator of a company's financial health. Moreover, a company with a favorable efficiency level is expected to provide impressive returns as it is believed to be positively correlated with its price performance. How to Measure Efficiency? We have considered four popular ratios in order to find efficient companies that have the potential to provide impressive returns. Inventory Turnover Inventory level is one of the key indicators of a company's business health. While a high inventory level may indicate that the company is going through a rough patch in terms of sales, a dwindling level may indicate that it will run out of stock in a favorable sales condition. This is where inventory turnover comes into play. It is the ratio of 12-month cost of goods sold (COGS) to a 4-quarter average inventory. Thus, a high value of the ratio indicates a low level of inventory relative to COGS, while a low ratio signals that the company has excess inventory. Receivables Turnover This ratio is used to measure a company's capability to extend its credit and collect debts on the basis of that credit. Receivables turnover ratio or the \""accounts receivable turnover ratio\"" or the \""debtor's turnover ratio\"" is calculated by dividing 12-month sales by four-quarter average receivables. While a high ratio indicates that the company efficiently collects its accounts receivables or has quality customers, a low ratio signals that the company has an inefficient collection procedure or has low-quality customers or an inefficient credit policy. Asset Utilization This is a widely used measure of a company's efficiency. Asset utilization indicates a company's potential to utilize its assets. It is a ratio of total sales over the past 12 months to the last 4-quarter average of total assets. So, the higher the ratio, the greater is the chance that the company is utilizing its assets efficiently. On the contrary, a low value of the ratio signals that it is failing to use its assets effectively. Operating Margin Another popular efficiency ratio is operating margin. Operating profit margin, which is simply operating income over the past 12 months divided by sales over the same period, indicates how well a company is controlling its operating expenses. If a company has a high operating profit margin in relation to its competitors, it is doing a better job at controlling operating expenses. All these ratios can be considered as effective measures if one compares different companies within a particular sector or industry. This is the reason why we have considered only those companies that have higher ratios than their respective industry averages. And that's what we're screening for today\u2026 For the rest of this Screen of the Week article please visit Zacks.com at: https://www.zacks.com/stock/news/295736/5-topranked-efficient-stocks-to-boost-your-portfolio Get the remaining stocks on the list and start putting this and other ideas to the test. It can all be done with the Research Wizard stock picking and back testing software. The Research Wizard is a great place to begin. It's easy to use. Everything is in plain language. And it's very intuitive. Start your Research Wizard trial today. And the next time you read an economic report, open up the Research Wizard, plug your finds in, and see what gems come out. Click here to sign up for a free trial to the Research Wizard today . Disclosure: Officers, directors and/or employees of Zacks Investment Research may own or have sold short securities and/or hold long and/or short positions in options that are mentioned in this material. An affiliated investment advisory firm may own or have sold short securities and/or hold long and/or short positions in options that are mentioned in this material. About Screen of the Week Zacks.com created the first and best screening system on the web earning the distinction as the \""#1 site for screening stocks\"" by Money Magazine. But powerful screening tools is just the start. That is why Zacks created the Screen of the Week to highlight profitable stock picking strategies that investors can actively use. Strong Stocks that Should Be in the News Many are little publicized and fly under the Wall Street radar. They're virtually unknown to the general public. Yet today's 220 Zacks Rank #1 \""Strong Buys\"" were generated by the stock-picking system that has more than doubled the market from 1988 through 2016. Its average gain has been a stellar +25% per year. See these high-potential stocks free >>. Follow us on Twitter: https://twitter.com/zacksresearch Join us on Facebook: https://www.facebook.com/ZacksInvestmentResearch Zacks Investment Research is under common control with affiliated entities (including a broker-dealer and an investment adviser), which may engage in transactions involving the foregoing securities for the clients of such affiliates. Contact: Jim Giaquinto Company: Zacks.com Phone: 312-265-9268 Email: pr@zacks.com Visit: https://www.zacks.com/ Zacks.com provides investment resources and informs you of these resources, which you may choose to use in making your own investment decisions. Zacks is providing information on this resource to you subject to the Zacks \""Terms and Conditions of Service\"" disclaimer. www.zacks.com/disclaimer . Past performance is no guarantee of future results. Inherent in any investment is the potential for loss. This material is being provided for informational purposes only and nothing herein constitutes investment, legal, accounting or tax advice, or a recommendation to buy, sell or hold a security. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. It should not be assumed that any investments in securities, companies, sectors or markets identified and described were or will be profitable. All information is current as of the date of herein and is subject to change without notice. Any views or opinions expressed may not reflect those of the firm as a whole. Zacks Investment Research does not engage in investment banking, market making or asset management activities of any securities. These returns are from hypothetical portfolios consisting of stocks with Zacks Rank = 1 that were rebalanced monthly with zero transaction costs. These are not the returns of actual portfolios of stocks. The S&P 500 is an unmanaged index. Visit https://www.zacks.com/performance for information about the performance numbers displayed in this press release. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Surmodics, Inc. (SRDX): Free Stock Analysis Report Haemonetics Corporation (HAE): Free Stock Analysis Report ConocoPhillips (COP): Free Stock Analysis Report Alarm.com Holdings, Inc. (ALRM): Free Stock Analysis Report Copart, Inc. (CPRT): Free Stock Analysis Report To read this article on Zacks.com click here. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Can Copart (CPRT) Run Higher on Strong Earnings Estimate Revisions? Copart, Inc.CPRT is an independent oil and natural gas company that could be an interesting play for investors. That is because, not only does the stock have decent short-term momentum, but it is seeing solid activity on the earnings estimate revision front as well. These positive earnings estimate revisions suggest that analysts are becoming more optimistic on CPRT's earnings for the coming quarter and year. In fact, consensus estimates have moved sharply higher for both of these time frames over the past four weeks, suggesting that Copart could be a solid choice for investors. Current Quarter Estimates for CPRT In the past 30 days, four estimates have gone higher for Copart while none have gone lower in the same time period. The trend has been pretty favorable too, with estimates increasing from 43 cents a share 30 days ago, to 48 cents today, a move of 11.6%. Current Year Estimates for CPRT Meanwhile, Copart current year figures are also looking quite promising, with seven estimates moving higher in the past month, compared to none lower. The consensus estimate trend has also seen a boost for this time frame, increasing from $1.52 per share 30 days ago to $1.74 per share today, an increase of 14.5%. Copart, Inc. Price and Consensus Copart, Inc. Price and Consensus | Copart, Inc. Quote Bottom Line The stock has also started to move higher lately, adding 12.9% over the past four weeks, suggesting that investors are starting to take note of this impressive story. So, investors may want to consider this Zacks Rank #1 (Strong Buy) stock to profit in the near future. You can see the complete list of today's Zacks #1 Rank stocks here . The Hottest Tech Mega-Trend of All Last year, it generated $8 billion in global revenues. By 2020, it's predicted to blast through the roof to $47 billion. Famed investor Mark Cuban says it will produce \""the world's first trillionaires,\"" but that should still leave plenty of money for regular investors who make the right trades early. See Zacks' 3 Best Stocks to Play This Trend >> Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Copart, Inc. (CPRT): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.""]"
CPRT,2018-03-19,12.7325,12.785,12.5075,12.6125,
CPRT,2018-03-20,12.615,12.825,12.5175,12.815,"[""Why Copart (CPRT) Stock Might be a Great Pick"", ""Can Copart (CPRT) Run Higher on Strong Earnings Estimate Revisions? (Revised)"", ""Why Copart (CPRT) Stock Might be a Great Pick"", ""Can Copart (CPRT) Run Higher on Strong Earnings Estimate Revisions? (Revised)"", ""KAR Auction Services, Inc (KAR) Ex-Dividend Date Scheduled for March 21, 2018 KAR Auction Services, Inc ( KAR ) will begin trading ex-dividend on March 21, 2018. A cash dividend payment of $0.35 per share is scheduled to be paid on April 04, 2018. Shareholders who purchased KAR prior to the ex-dividend date are eligible for the cash dividend payment. This represents an 9.37% increase over prior dividend payment. The previous trading day's last sale of KAR was $55.54, representing a -2.13% decrease from the 52 week high of $56.75 and a 37.92% increase over the 52 week low of $40.27. KAR is a part of the Consumer Durables sector, which includes companies such as Genuine Parts Company ( GPC ) and Copart, Inc. ( CPRT ). KAR's current earnings per share, an indicator of a company's profitability, is $2.64. Zacks Investment Research reports KAR's forecasted earnings growth in 2018 as 18.65%, compared to an industry average of 13.4%. For more information on the declaration, record and payment dates, visit the KAR Dividend History page. Our Dividend Calendar has the full list of stocks that have an ex-dividend today. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Why Copart (CPRT) Stock Might be a Great Pick One stock that might be an intriguing choice for investors right now is Copart, Inc. CPRT . This is because this security in the Auction and Valuation Services space is seeing solid earnings estimate revision activity, and is in great company from a Zacks Industry Rank perspective. This is important because, often times, a rising tide will lift all boats in an industry, as there can be broad trends taking place in a segment that are boosting securities across the board. This is arguably taking place in the Auction and Valuation Services space as it currently has a Zacks Industry Rank of 16 out of more than 250 industries, suggesting it is well-positioned from this perspective, especially when compared to other segments out there. Meanwhile, Copart is actually looking pretty good on its own too. The firm has seen solid earnings estimate revision activity over the past month, suggesting analysts are becoming a bit more bullish on the firm's prospects in both the short and long term. Copart, Inc. Price and Consensus Copart, Inc. Price and Consensus | Copart, Inc. Quote In fact, over the past month, current quarter estimates have risen from 43 cents per share to 48 cents per share, while current year estimates have risen from $1.52 per share to $1.74 per share. This has helped CPRT to earn a Zacks Rank #1 (Strong Buy), further underscoring the company's solid position. You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here . So, if you are looking for a decent pick in a strong industry, consider Copart. Not only is its industry currently in the top third, but it is seeing solid estimate revisions as of late, suggesting it could be a very interesting choice for investors seeking a name in this great industry segment. Today's Stocks from Zacks' Hottest Strategies It's hard to believe, even for us at Zacks. But while the market gained +21.9% in 2017, our top stock-picking screens have returned +115.0%, +109.3%, +104.9%, +98.6%, and +67.1%. And this outperformance has not just been a recent phenomenon. Over the years it has been remarkably consistent. From 2000 - 2017, the composite yearly average gain for these strategies has beaten the market more than 19X over. Maybe even more remarkable is the fact that we're willing to share their latest stocks with you without cost or obligation. See Them Free>> Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Copart, Inc. (CPRT): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Can Copart (CPRT) Run Higher on Strong Earnings Estimate Revisions? (Revised) Copart, Inc.CPRT , which provides online auctions and vehicle remarketing services, could be an interesting play for investors. That is because, not only does the stock have decent short-term momentum, but it is seeing solid activity on the earnings estimate revision front as well. These positive earnings estimate revisions suggest that analysts are becoming more optimistic on CPRT's earnings for the coming quarter and year. In fact, consensus estimates have moved sharply higher for both of these time frames over the past four weeks, suggesting that Copart could be a solid choice for investors. Current Quarter Estimates for CPRT In the past 30 days, four estimates have gone higher for Copart while none have gone lower in the same time period. The trend has been pretty favorable too, with estimates increasing from 43 cents a share 30 days ago, to 48 cents today, a move of 11.6%. Current Year Estimates for CPRT Meanwhile, Copart current year figures are also looking quite promising, with seven estimates moving higher in the past month, compared to none lower. The consensus estimate trend has also seen a boost for this time frame, increasing from $1.52 per share 30 days ago to $1.74 per share today, an increase of 14.5%. Copart, Inc. Price and Consensus Copart, Inc. Price and Consensus | Copart, Inc. Quote Bottom Line The stock has also started to move higher lately, adding 12.9% over the past four weeks, suggesting that investors are starting to take note of this impressive story. So, investors may want to consider this Zacks Rank #1 (Strong Buy) stock to profit in the near future. You can see the complete list of today's Zacks #1 Rank stocks here . (We are reissuing this article to correct a mistake. The original article, issued on March 16, 2018, should no longer be relied upon.) Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Copart, Inc. (CPRT): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Why Copart (CPRT) Stock Might be a Great Pick"", ""Can Copart (CPRT) Run Higher on Strong Earnings Estimate Revisions? (Revised)""]"
CPRT,2018-03-21,12.7975,12.9197,12.77,12.8125,
CPRT,2018-03-22,12.7225,12.8025,12.4625,12.4675,
CPRT,2018-03-23,12.59,12.7375,12.3752,12.4325,"[""SunTrust Robinson Humphrey Initiates Coverage On Copart with Buy Rating, Announces $58.00 Price Target"", ""Benzinga's Top Upgrades, Downgrades For March 23, 2018"", ""Benzinga's Top Upgrades, Downgrades For March 23, 2018"", ""SunTrust Robinson Humphrey Initiates Coverage On Copart with Buy Rating, Announces $58.00 Price Target"", ""Benzinga's Top Upgrades, Downgrades For March 23, 2018"", ""SunTrust Robinson Humphrey Initiates Coverage On Copart with Buy Rating, Announces $58.00 Price Target""]"
CPRT,2018-03-26,12.59,12.74,12.4945,12.7325,"[""FFTY: An Elegant Solution"", ""FFTY: An Elegant Solution"", ""FFTY: An Elegant Solution""]"
CPRT,2018-03-27,12.745,12.9436,12.4325,12.4975,
CPRT,2018-03-28,12.5275,12.6175,12.3425,12.4575,"[""Why Is Copart (CPRT) Up 4.9% Since Its Last Earnings Report?"", ""Fears Shift From Trade to Tech"", ""Top Ranked Momentum Stocks to Buy for March 28th"", ""Top Ranked Momentum Stocks to Buy for March 28th"", ""Why Is Copart (CPRT) Up 4.9% Since Its Last Earnings Report?"", ""Fears Shift From Trade to Tech"", ""Why Is Copart (CPRT) Up 4.9% Since Its Last Earnings Report? A month has gone by since the last earnings report for Copart, Inc.CPRT . Shares have added about 4.9% in that time frame. Will the recent positive trend continue leading up to its next earnings release, or is CPRT due for a pullback? Before we dive into how investors and analysts have reacted as of late, let's take a quick look at its most recent earnings report in order to get a better handle on the important catalysts. Copart Tops on Q2 Earnings & Revenues, Improves Y/Y Copart reported adjusted earnings per share of 47 cents in second-quarter fiscal 2018 (ended Jan 31, 2018), beating the Zacks Consensus Estimate of 38 cents. The bottom line improved 62% from 29 cents recorded in the year-ago quarter. Net income was $103.3 million, reflecting a surge of 56.3% or $37.2 million from second-quarter fiscal 2017. Copart's revenues rose 31.3% to $459.1 million from the year-ago quarter and surpassed the Zacks Consensus Estimate of $434.6 million. Service revenues went up 30% year over year to $402 million, while revenues from vehicle sales gained 45% to $57.2 million in comparison with the prior-year quarter. Gross margin improved 30.6% to $191.6 million in the reported quarter from $147 million a year ago. Total operating expenses also increased to $308.2 million from $240.7 million recorded in the prior-year period. This rise in expense is primarily due to increased equipment-lease expenses and labor costs as a result of Hurricane Harvey. Operating income increased to $151 million from $109 million a year ago. Financial Details Copart had cash and cash equivalents of $195.3 million as of Jan 31, 2018, compared with $210 million as of Jul 31, 2017. Long-term debt, revolving loan facility and capital lease obligations were $400.6 million as of Jan 31, 2017, which recorded a decline from $550.8 million as of Jul 31, 2017. In second-quarter fiscal 2018, Copart generated net cash flow of $186 million from operations compared with $156 million a year ago. How Have Estimates Been Moving Since Then? In the past month, investors have witnessed an upward trend in fresh estimates. There have been two revisions higher for the current quarter. Copart, Inc. Price and Consensus Copart, Inc. Price and Consensus | Copart, Inc. Quote VGM Scores Currently, CPRT has an average Growth Score of C, however its Momentum is doing a lot better with an A. However, the stock was allocated a grade of F on the value side, putting it in the bottom 20% for this investment strategy. Overall, the stock has an aggregate VGM Score of C. If you aren't focused on one strategy, this score is the one you should be interested in. Our style scores indicate that the stock is more suitable for momentum investors than growth investors. Outlook Estimates have been trending upward for the stock and the magnitude of these revisions looks promising. It comes with little surprise CPRT has a Zacks Rank #1 (Strong Buy). We expect an above average return from the stock in the next few months. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Copart, Inc. (CPRT): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Top Ranked Momentum Stocks to Buy for March 28th Here are four stocks with buy rank and strong momentum characteristics for investors to consider today, March 28th: Copart, Inc. (CPRT): This online vehicle auction services provider has a Zacks Rank #1 (Strong Buy) and witnessed the Zacks Consensus Estimate for its current year earnings rising 14.5% over the last 60 days. Copart, Inc. Price and Consensus Copart, Inc. price-consensus-chart | Copart, Inc. Quote Copart's shares gained 6.8% over the last one month in contrast to S&P 500's decrease of 3.7%. The company possesses a Momentum Score of B. Copart, Inc. Price Copart, Inc. price | Copart, Inc. Quote Chesapeake Utilities Corporation (CPK): This diversified energy company has a Zacks Rank #2 (Buy) and witnessed the Zacks Consensus Estimate for its current year earnings increasing 1.5% over the last 60 days. Chesapeake Utilities Corporation Price and Consensus Chesapeake Utilities Corporation price-consensus-chart | Chesapeake Utilities Corporation Quote Chesapeake Utilities' shares gained 2.6% over the last one month. The company possesses a Momentum Score of B. Chesapeake Utilities Corporation Price Chesapeake Utilities Corporation price | Chesapeake Utilities Corporation Quote ICF International, Inc. (ICFI): This management services provider has a Zacks Rank #2 (Buy) and witnessed the Zacks Consensus Estimate for its current year earnings rising 12.8% over the last 60 days. ICF International, Inc. Price and Consensus ICF International, Inc. price-consensus-chart | ICF International, Inc. Quote ICF International's shares gained 3.6% over the last one month. The company possesses a Momentum Score of A. ICF International, Inc. Price ICF International, Inc. price | ICF International, Inc. Quote Saia, Inc. (SAIA): This transportation company has a Zacks Rank #2 (Buy) and witnessed the Zacks Consensus Estimate for its current year earnings increasing 14.9% over the last 60 days. Saia, Inc. Price and Consensus Saia, Inc. price-consensus-chart | Saia, Inc. Quote Saia's shares gained 1.7% over the last one month. The company possesses a Momentum Score of B. Saia, Inc. Price Saia, Inc. price | Saia, Inc. Quote See the full list of top ranked stocks here Learn more about the Momentum score and how it is calculated here . Will You Make a Fortune on the Shift to Electric Cars? Here's another stock idea to consider. Much like petroleum 150 years ago, lithium power may soon shake the world, creating millionaires and reshaping geo-politics. Soon electric vehicles (EVs) may be cheaper than gas guzzlers. Some are already reaching 265 miles on a single charge. With battery prices plummeting and charging stations set to multiply, one company stands out as the #1 stock to buy according to Zacks research. It's not the one you think. See This Ticker Free >> Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Saia, Inc. (SAIA): Free Stock Analysis Report ICF International, Inc. (ICFI): Free Stock Analysis Report Copart, Inc. (CPRT): Free Stock Analysis Report Chesapeake Utilities Corporation (CPK): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Fears Shift From Trade to Tech Just when we had hoped that trade war fears were simmering down enough for a market comeback, the tech sector falls off a cliff. By the closing bell on Tuesday, most of yesterday's dramatic gains had fallen to the wayside. News of trade negotiations between the U.S. and China cooled concerns of a trade war on Monday and led to an impressive rally, leaving the market to focus on uncertainties in tech on Tuesday. Facebook is still getting hammered for mishandling user information during the presidential campaign. And no one knows what kind of regulations may come down the road. As would be expected, the NASDAQ led the way lower on Tuesday by dropping 2.93% to 7008.8, taking out most of yesterday's 3.26% advance. The S&P was down 1.73% to 2612.6 and the Dow slipped 1.43% to 23,857.7. It looked like the major indices might add onto Monday's rally early in the session, but the afternoon selloff was sharp. In the portfolios, the editors continue to look for bargains in all this uncertainty. Today was one of the more active sessions in a while. Counterstrike added small positions of two companies that pulled back after strong quarterly performances. Stocks Under $10 picked up a stock that will help the portfolio diversify a bit from biotech, while Large-Cap Trader adding more to three existing positions. Momentum Trader found a company that looks set to breakout, and Short List swapped out two positions in its weekly adjustment. Learn about all these moves in the highlights section below: Today's Portfolio Highlights: Counterstrike: Despite some short-term skittishness for this market, Jeremy thought today was a good time to make a couple small buys. The editor added a 5% position in Atlas Air Worldwide Holdings (AAWW), a provider of outsourced aircraft and aviation operating services. Consider this a play on the strength of the global economy. The company reported a strong quarter and has recovered halfway from a pullback to the 50 and 200-day moving averages. He also added a 6% allocation in Open Text (OTEX), a software products and services company that helps organizations find and share business information. Shares surged after a strong report in January, but it sold off along with tech recently and is now back at pre-earnings levels. That leaves plenty of ground to make up from here. Read the complete commentary for a lot more on these moves, including a look at their charts. Stocks Under $10: The portfolio is looking to diversify away from biotech, and Brian Bolan thinks he's found a perfect company to do just that. Advanced Semiconductor Engineering (ASX) is an independent provider of semiconductor packaging services and testing services. The company doesn't have regular earnings because it is based in Taiwan, but the editor was impressed with its monthly sales figures. February's net revenues increased 9.9% from last year and 19.4% sequentially. Brian also likes the valuation here, so he decided to add ASX on Tuesday. Read more in the complete commentary. Large-Cap Trader: Is there a double bottom in this 10% correction? John thinks there is, so this is a perfect time to add to some of the smaller positions in the portfolio before they move higher again. The editor split the sidelines cash three ways and added approximately 1.7% to 2% to each of these positions: \u2022 Huntsman Chemical (HUN) \u2022 Packaging Corp. of America (PKG) \u2022 South32 Ltd. (SOUHY) HUN was first bought on January 3 of this year, while PKG and SOUHY were both added on February 16. Read the complete commentary for more on these moves, along with other information on the portfolio's holdings. Momentum Trader: Shares of Copart (CPRT) have pulled back to the 20-day, but Dave thinks this Zacks Rank #2 (Buy) is ready to breakout to new highs. The company is a global leader in online vehicle auctions. It has put together nine straight quarters of positive surprises and has an average beat of 16.6% in the past four. Learn more about this new addition in the full write-up. Zacks Short List: Two positions were swapped out in this week's adjustment. The stocks that were short-covered include The Trade Desk (TTD, +8.1%) and GoDaddy Inc. (GDDY, +2.5%). The new additions that replaced these names were Cavium Inc. (CAVM) and Tal Education (TAL). Learn more about this emotion-free portfolio that takes advantage of falling and volatile markets by reading the Short List Trader Guide. All the Best, Jim Giaquinto Recommendations from Zacks' Private Portfolios: Believe it or not, this article is not available on the Zacks.com website. The commentary is a partial overview of the daily activity from Zacks' private recommendation services. If you would like to follow our Buy and Sell signals in real time, we've made a special arrangement for readers of this website. Starting today you can see all the recommendations from all of Zacks' portfolios absolutely free for 7 days. Our services cover everything from value stocks and momentum trades to insider buying and positive earnings surprises (which we've predicted with an astonishing 80%+ accuracy). Click here to \""test drive\"" Zacks Ultimate for FREE >> Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Top Ranked Momentum Stocks to Buy for March 28th"", ""Why Is Copart (CPRT) Up 4.9% Since Its Last Earnings Report?"", ""Fears Shift From Trade to Tech""]"
CPRT,2018-03-29,12.49,12.8375,12.465,12.7325,"Buy These 4 Efficient Stocks for Impressive Returns Favorable efficiency level is expected to provide impressive returns as it is believed to be positively correlated with the company's price performance. Efficiency, which is the ability to transform inputs into outputs, is a potential indicator of a company's financial health. However, it is difficult to measure the efficiency level of a company. This is the reason why one must consider popular efficiency ratios while selecting stocks to build a profitable portfolio. How to Measure Efficiency? We have considered four popular ratios in order to find efficient companies that have the potential to provide impressive returns. Inventory Turnover Inventory level is one of the key indicators of a company's business health. While a high inventory level may indicate that the company is going through a rough phase in terms of sales, a dwindling level may indicate that the company will run out of stock in a favorable sales condition. This is where inventory turnover comes into play. It is the ratio of 12-month cost of goods sold (COGS) to a 4-quarter average inventory. Thus, a high value of the ratio indicates a low level of inventory relative to COGS, while a low ratio signals that the company has excess inventory. Receivables Turnover This ratio is used to measure a company's capability to extend its credit and collect debts on the basis of that credit. Receivables turnover ratio or the ""accounts receivable turnover ratio"" or the ""debtor's turnover ratio"" is calculated by dividing 12-month sales by four-quarter average receivables. While a high ratio indicates that the company efficiently collects its accounts receivables or has quality customers, a low ratio signals that the company has an inefficient collection procedure or has low-quality customers or an inefficient credit policy. Asset Utilization This is a widely used measure of a company's efficiency. Asset utilization indicates a company's potential to utilize its assets. It is a ratio of total sales over the past 12 months to the last 4-quarter average of total assets. So, the higher the ratio, the greater is the chance that the company is utilizing its assets efficiently. On the contrary, a low value of the ratio signals that it is failing to use its assets effectively. Operating Margin Another popular efficiency ratio is the operating margin. Operating profit margin, which is simply operating income over the past 12 months divided by sales over the same period, indicates how well a company is controlling its operating expenses. If a company has a high operating profit margin in relation to its competitors, it is doing a better job at controlling operating expenses. All these ratios can be considered as effective measures if one compares different companies within a particular sector or industry. This is the reason why we have considered only those companies that have higher ratios than their respective industry averages. Screening Parameters In addition to the above mentioned ratios, we have added a favorable Zacks Rank - Zacks Rank #1 (Strong Buy) or 2 (Buy) - to the screen with an objective to make this strategy more profitable. Inventory Turnover, Receivables Turnover, Asset Utilization and Operating Margin greater than industry average (Values of these ratios higher than industry averages may indicate that the efficiency level of the company is higher than its peers.) Zacks Rank better than or equal to #2 (Only Zacks Rank #1 and Buy-rated stocks can get through.) The use of these few criteria has narrowed down the universe of over 7,904 stocks to only 20. Here are four of the 20 stocks that passed the screen. Haemonetics CorporationHAE provides hematology products and solutions. The company has a Zacks Rank #1. It has an average four-quarter positive earnings surprise of 17.5%. Alarm.com Holdings, Inc.ALRM provides cloud-based software platform solutions for smart residential and commercial properties in the United States and internationally. The stock has a Zacks Rank #2. It has an average four-quarter positive earnings surprise of 55.9%. You can see the complete list of today's Zacks #1 Rank stocks here. Copart, Inc.CPRT provides online auctions and vehicle remarketing services. The company has a Zacks Rank #1. It has an average four-quarter positive earnings surprise of 16.6%. inTEST CorporationINTT designs, manufactures, and markets thermal, mechanical, and electrical products for use in the testing of integrated circuits (ICs) worldwide. The stock has a Zacks Rank #2. It has an average four-quarter positive earnings surprise of 73.2%. You can get the rest of the stocks on this list by signing up now for your 2-week free trial to the Research Wizard and start using this screen in your own trading. Further, you can also create your own strategies and test them first before taking the investment plunge. The Research Wizard is a great place to begin. It's easy to use. Everything is in plain language. And it's very intuitive. Start your Research Wizard trial today. And the next time you read an economic report, open up the Research Wizard, plug your finds in, and see what gems come out. Click here to sign up for a free trial to the Research Wizard today . Disclosure: Officers, directors and/or employees of Zacks Investment Research may own or have sold short securities and/or hold long and/or short positions in options that are mentioned in this material. An affiliated investment advisory firm may own or have sold short securities and/or hold long and/or short positions in options that are mentioned in this material. Disclosure: Performance information for Zacks' portfolios and strategies are available at:https://www.zacks.com/performance Zacks Restaurant Recommendations: In addition to dining at these special places, you can feast on their stock shares. A Zacks Special Report spotlights 5 recent IPOs to watch plus 2 stocks that offer immediate promise in a booming sector. Download it free » Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report inTest Corporation (INTT): Free Stock Analysis Report Haemonetics Corporation (HAE): Free Stock Analysis Report Alarm.com Holdings, Inc. (ALRM): Free Stock Analysis Report Copart, Inc. (CPRT): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
CPRT,2018-04-02,12.7325,12.7825,12.33,12.45,"[""Top Ranked Momentum Stocks to Buy for April 2nd"", ""Top Ranked Momentum Stocks to Buy for April 2nd"", ""Zacks.com highlights: Haemonetics, Alarm.com Holdings, Copart and inTEST For Immediate Release Chicago, IL - April 2, 2018 - Stocks in this week's article include: Haemonetics Corporation HAE , Alarm.com Holdings, Inc. ALRM , Copart, Inc. CPRT and inTEST Corporation INTT . Screen of the Week of Zacks Investment Research: Buy These 4 Efficient Stocks for Impressive Returns Favorable efficiency level is expected to provide impressive returns as it is believed to be positively correlated with the company's price performance. Efficiency, which is the ability to transform inputs into outputs, is a potential indicator of a company's financial health. However, it is difficult to measure the efficiency level of a company. This is the reason why one must consider popular efficiency ratios while selecting stocks to build a profitable portfolio. How to Measure Efficiency? We have considered four popular ratios in order to find efficient companies that have the potential to provide impressive returns. Inventory Turnover Inventory level is one of the key indicators of a company's business health. While a high inventory level may indicate that the company is going through a rough phase in terms of sales, a dwindling level may indicate that the company will run out of stock in a favorable sales condition. This is where inventory turnover comes into play. It is the ratio of 12-month cost of goods sold (COGS) to a 4-quarter average inventory. Thus, a high value of the ratio indicates a low level of inventory relative to COGS, while a low ratio signals that the company has excess inventory. Receivables Turnover This ratio is used to measure a company's capability to extend its credit and collect debts on the basis of that credit. Receivables turnover ratio or the \""accounts receivable turnover ratio\"" or the \""debtor's turnover ratio\"" is calculated by dividing 12-month sales by four-quarter average receivables. While a high ratio indicates that the company efficiently collects its accounts receivables or has quality customers, a low ratio signals that the company has an inefficient collection procedure or has low-quality customers or an inefficient credit policy. Asset Utilization This is a widely used measure of a company's efficiency. Asset utilization indicates a company's potential to utilize its assets. It is a ratio of total sales over the past 12 months to the last 4-quarter average of total assets. So, the higher the ratio, the greater is the chance that the company is utilizing its assets efficiently. On the contrary, a low value of the ratio signals that it is failing to use its assets effectively. Operating Margin Another popular efficiency ratio is the operating margin. Operating profit margin, which is simply operating income over the past 12 months divided by sales over the same period, indicates how well a company is controlling its operating expenses. If a company has a high operating profit margin in relation to its competitors, it is doing a better job at controlling operating expenses. All these ratios can be considered as effective measures if one compares different companies within a particular sector or industry. This is the reason why we have considered only those companies that have higher ratios than their respective industry averages. And that's what we're screening for today\u2026 For the rest of this Screen of the Week article please visit Zacks.com at: https://www.zacks.com/stock/news/297418/buy-these-4-efficient-stocks-for-impressive-returns Get the remaining stocks on the list and start putting this and other ideas to the test. It can all be done with the Research Wizard stock picking and back testing software. The Research Wizard is a great place to begin. It's easy to use. Everything is in plain language. And it's very intuitive. Start your Research Wizard trial today. And the next time you read an economic report, open up the Research Wizard, plug your finds in, and see what gems come out. Click here to sign up for a free trial to the Research Wizard today . Disclosure: Officers, directors and/or employees of Zacks Investment Research may own or have sold short securities and/or hold long and/or short positions in options that are mentioned in this material. An affiliated investment advisory firm may own or have sold short securities and/or hold long and/or short positions in options that are mentioned in this material. About Screen of the Week Zacks.com created the first and best screening system on the web earning the distinction as the \""#1 site for screening stocks\"" by Money Magazine. But powerful screening tools is just the start. That is why Zacks created the Screen of the Week to highlight profitable stock picking strategies that investors can actively use. Strong Stocks that Should Be in the News Many are little publicized and fly under the Wall Street radar. They're virtually unknown to the general public. Yet today's 220 Zacks Rank #1 \""Strong Buys\"" were generated by the stock-picking system that has more than doubled the market from 1988 through 2016. Its average gain has been a stellar +25% per year. See these high-potential stocks free >>. Follow us on Twitter: https://twitter.com/zacksresearch Join us on Facebook: https://www.facebook.com/ZacksInvestmentResearch Zacks Investment Research is under common control with affiliated entities (including a broker-dealer and an investment adviser), which may engage in transactions involving the foregoing securities for the clients of such affiliates. Contact: Jim Giaquinto Company: Zacks.com Phone: 312-265-9268 Email: pr@zacks.com Visit: https://www.zacks.com/ Zacks.com provides investment resources and informs you of these resources, which you may choose to use in making your own investment decisions. Zacks is providing information on this resource to you subject to the Zacks \""Terms and Conditions of Service\"" disclaimer. www.zacks.com/disclaimer . Past performance is no guarantee of future results. Inherent in any investment is the potential for loss. This material is being provided for informational purposes only and nothing herein constitutes investment, legal, accounting or tax advice, or a recommendation to buy, sell or hold a security. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. It should not be assumed that any investments in securities, companies, sectors or markets identified and described were or will be profitable. All information is current as of the date of herein and is subject to change without notice. Any views or opinions expressed may not reflect those of the firm as a whole. Zacks Investment Research does not engage in investment banking, market making or asset management activities of any securities. These returns are from hypothetical portfolios consisting of stocks with Zacks Rank = 1 that were rebalanced monthly with zero transaction costs. These are not the returns of actual portfolios of stocks. The S&P 500 is an unmanaged index. Visit https://www.zacks.com/performance for information about the performance numbers displayed in this press release. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report inTest Corporation (INTT): Free Stock Analysis Report Haemonetics Corporation (HAE): Free Stock Analysis Report Alarm.com Holdings, Inc. (ALRM): Free Stock Analysis Report Copart, Inc. (CPRT): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Top Ranked Momentum Stocks to Buy for April 2nd Here are three stocks with buy rank and strong momentum characteristics for investors to consider today, April 2nd: MSA Safety Incorporated (MSA): This developer of safety products has a Zacks Rank #1 (Strong Buy) and witnessed the Zacks Consensus Estimate for its current year earnings rising 13.3% over the last 60 days. MSA Safety Incorporporated Price and Consensus MSA Safety Incorporporated price-consensus-chart | MSA Safety Incorporporated Quote MSA 's shares gained 1.7% over the last one month more than S&P 500's loss of 1.9%. The company possesses a Momentum Score of B. MSA Safety Incorporporated Price MSA Safety Incorporporated price | MSA Safety Incorporporated Quote Copart, Inc. (CPRT): This online vehicle auction services provider has a Zacks Rank #1 (Strong Buy) and witnessed the Zacks Consensus Estimate for its current year earnings rising 14.5% over the last 60 days. Copart, Inc. Price and Consensus Copart, Inc. price-consensus-chart | Copart, Inc. Quote Copart's shares gained 10.3% over the last one month. The company possesses a Momentum Score of A. Copart, Inc. Price Copart, Inc. price | Copart, Inc. Quote Cable One, Inc. (CABO): This operator of cable systems has a Zacks Rank #2 (Buy) and witnessed the Zacks Consensus Estimate for its current year earnings advancing 12.2% over the last 60 days. Cable One, Inc. Price and Consensus Cable One, Inc. price-consensus-chart | Cable One, Inc. Quote Cable One's shares gained 0.8% over the last one month. The company possesses a Momentum Score of A. Cable One, Inc. Price Cable One, Inc. price | Cable One, Inc. Quote See the full list of top ranked stocks here Learn more about the Momentum score and how it is calculated here. Can Hackers Put Money INTO Your Portfolio? Earlier this month, credit bureau Equifax announced a massive data breach affecting 2 out of every 3 Americans. The cybersecurity industry is expanding quickly in response to this and similar events. But some stocks are better investments than others. Zacks has just released Cybersecurity! An Investor's Guide to help Zacks.com readers make the most of the $170 billion per year investment opportunity created by hackers and other threats. It reveals 4 stocks worth looking into right away . Download the new report now>> Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report MSA Safety Incorporporated (MSA): Free Stock Analysis Report Copart, Inc. (CPRT): Free Stock Analysis Report Cable One, Inc. (CABO): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Top Ranked Momentum Stocks to Buy for April 2nd""]"
CPRT,2018-04-03,12.535,12.6425,12.4267,12.58,
CPRT,2018-04-04,12.42,12.7075,12.305,12.665,"iShares S&P Mid-Cap 400 Growth ETF Experiences Big Outflow Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel , one standout is the iShares S&P Mid-Cap 400 Growth ETF (Symbol: IJK) where we have detected an approximate $194.3 million dollar outflow -- that's a 2.5% decrease week over week (from 36,100,000 to 35,200,000). Among the largest underlying components of IJK, in trading today IDEX Corporation (Symbol: IEX) is down about 1.3%, Dominos Pizza Inc. (Symbol: DPZ) is down about 2.6%, and Copart Inc (Symbol: CPRT) is lower by about 1.7%. For a complete list of holdings, visit the IJK Holdings page » The chart below shows the one year price performance of IJK, versus its 200 day moving average: Looking at the chart above, IJK's low point in its 52 week range is $187.04 per share, with $230.66 as the 52 week high point - that compares with a last trade of $214.65. Comparing the most recent share price to the 200 day moving average can also be a useful technical analysis technique -- learn more about the 200 day moving average » . Exchange traded funds (ETFs) trade just like stocks, but instead of ''shares'' investors are actually buying and selling ''units''. These ''units'' can be traded back and forth just like stocks, but can also be created or destroyed to accommodate investor demand. Each week we monitor the week-over-week change in shares outstanding data, to keep a lookout for those ETFs experiencing notable inflows (many new units created) or outflows (many old units destroyed). Creation of new units will mean the underlying holdings of the ETF need to be purchased, while destruction of units involves selling underlying holdings, so large flows can also impact the individual components held within ETFs. Click here to find out which 9 other ETFs experienced notable outflows » The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
CPRT,2018-04-05,12.75,12.8562,12.615,12.6875,"[""Auto Stock Roundup: March Sales Up, TSLA Production Grows, GM to End Monthly Report"", ""Auto Stock Roundup: March Sales Up, TSLA Production Grows, GM to End Monthly Report"", ""Auto Stock Roundup: March Sales Up, TSLA Production Grows, GM to End Monthly Report""]"
CPRT,2018-04-06,12.595,12.6875,12.28,12.415,"[""Copart (CPRT) Expands Online Auction Location in Arizona"", ""Copart (CPRT) Expands Online Auction Location in Arizona"", ""Copart (CPRT) Expands Online Auction Location in Arizona Copart, Inc.CPRT reported the expansion of its location at Tucson, AZ. The new site is located at 5600 South Arcadia Avenue in Tucson, AZ. Per management, the location expansion at Tuscan will enable it to offer improved efficiencies for both buyers and sellers in the state. Further, with this development, the company's Tuscan team is now equipped to store a larger volume of vehicles for auction. Online auctions at the Tuscan location are held every Friday at 2 p.m. CT. Buyers can participate in the auction and bid for the inventory through the company's website or its application on iOS and Android platforms. Also, during the business hours, bidding kiosks can be accessed at the hub. Copart, Inc. Price and Consensus Copart, Inc. Price and Consensus | Copart, Inc. Quote Prior to this, in December, the company announced the expansion of its location in the northeast of Baton Rouge, LA. The company has been expanding its network of facilities to manage the rising volume. It is also widening its base in new markets. Apart from the U.S., it has also been focusing on expanding in the Middle East, Europe, Brazil and India. Copart engages in online auctioning of vehicles. It sells vehicles on behalf of insurance companies, finance companies, banks, dealers and fleet operators. It also sells vehicles sourced from individual owners and operates in more than 200 locations in 11 countries. Price Performance In the last six months, shares of Copart outperformed the industry it belongs to. During the period, its stock gained 43.4% in comparison with the industry's rise of 28.3%. Zacks Rank & Other Key Picks Copart sports a Zacks Rank #2 (Buy). Other top-ranked stocks in the auto space are Tenneco Inc. TEN , Spartan Motors, Inc. SPAR and Standard Motor Products, Inc. SMP , each carrying a Zacks Rank of 2. You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here . Tenneco has expected long-term growth rate of 13.5%. Over a month, shares of the company rose 3%. Spartan Motors has expected long-term growth rate of 15%. In the last six months, shares of the company gained 36.8%. Standard Motor has expected long-term growth rate of 6%. Shares of the company gained 1.3% over the last six months. Will You Make a Fortune on the Shift to Electric Cars? Here's another stock idea to consider. Much like petroleum 150 years ago, lithium power may soon shake the world, creating millionaires and reshaping geo-politics. Soon electric vehicles (EVs) may be cheaper than gas guzzlers. Some are already reaching 265 miles on a single charge. With battery prices plummeting and charging stations set to multiply, one company stands out as the #1 stock to buy according to Zacks research. It's not the one you think. See This Ticker Free >> Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Tenneco Inc. (TEN): Free Stock Analysis Report Spartan Motors, Inc. (SPAR): Free Stock Analysis Report Standard Motor Products, Inc. (SMP): Free Stock Analysis Report Copart, Inc. (CPRT): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Copart (CPRT) Expands Online Auction Location in Arizona""]"
CPRT,2018-04-09,12.525,12.6525,12.47,12.4725,"[""Trade-War Olive Branch Fuels Rise By Stocks In 'Best Mutual Funds'"", ""Trade-War Olive Branch Fuels Rise By Stocks In 'Best Mutual Funds'"", ""Trade-War Olive Branch Fuels Rise By Stocks In 'Best Mutual Funds'""]"
CPRT,2018-04-10,12.59,12.74,12.545,12.65,
CPRT,2018-04-11,12.605,12.695,12.605,12.605,"[""Stocks With Promise And Proven Leaders Make AB Discovery Growth A Top Mutual Fund"", ""Stocks With Promise And Proven Leaders Make AB Discovery Growth A Top Mutual Fund"", ""Stocks With Promise And Proven Leaders Make AB Discovery Growth A Top Mutual Fund""]"
CPRT,2018-04-12,12.6125,12.7875,12.61,12.71,"IJK, IEX, CPRT, DPZ: ETF Inflow Alert Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel , one standout is the iShares S&P Mid-Cap 400 Growth ETF (Symbol: IJK) where we have detected an approximate $119.9 million dollar inflow -- that's a 1.6% increase week over week in outstanding units (from 35,200,000 to 35,750,000). Among the largest underlying components of IJK, in trading today IDEX Corporation (Symbol: IEX) is up about 0.5%, Copart Inc (Symbol: CPRT) is up about 0.8%, and Dominos Pizza Inc. (Symbol: DPZ) is up by about 1.4%. For a complete list of holdings, visit the IJK Holdings page » The chart below shows the one year price performance of IJK, versus its 200 day moving average: Looking at the chart above, IJK's low point in its 52 week range is $187.04 per share, with $230.66 as the 52 week high point - that compares with a last trade of $219.46. Comparing the most recent share price to the 200 day moving average can also be a useful technical analysis technique -- learn more about the 200 day moving average » . Exchange traded funds (ETFs) trade just like stocks, but instead of ''shares'' investors are actually buying and selling ''units''. These ''units'' can be traded back and forth just like stocks, but can also be created or destroyed to accommodate investor demand. Each week we monitor the week-over-week change in shares outstanding data, to keep a lookout for those ETFs experiencing notable inflows (many new units created) or outflows (many old units destroyed). Creation of new units will mean the underlying holdings of the ETF need to be purchased, while destruction of units involves selling underlying holdings, so large flows can also impact the individual components held within ETFs. Click here to find out which 9 other ETFs had notable inflows » The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
CPRT,2018-04-13,12.7725,12.8688,12.55,12.5975,"[""4 Top Stocks to Buy With Superb Efficiency Level"", ""Why Copart, Inc. (CPRT) is Poised to Beat Earnings Estimates Again"", ""Why Copart, Inc. (CPRT) is Poised to Beat Earnings Estimates Again"", ""4 Top Stocks to Buy With Superb Efficiency Level"", ""Why Copart, Inc. (CPRT) is Poised to Beat Earnings Estimates Again Looking for a stock that might be in a good position to beat earnings at its next report? Consider Copart, Inc.CPRT , a firm in the Auction and Valuation Services industry, which could be a great candidate for another beat. This company has seen a nice streak of beating earnings estimates, especially when looking at the previous two reports. In fact, in these reports, CPRT has beaten estimates by at least 20% in both cases, suggesting it has a nice short-term history of crushing expectations. Earnings in Focus Two quarters ago, CPRT was expected to post earnings of 26 cents per share, while it actually produced 33 cents per share, a beat of 26.9%. Meanwhile, for the most recent quarter, the company looked to deliver earnings of 38 cents per share, when it actually saw 47 cents per share instead, representing a 23.7% positive surprise. Copart, Inc. Price and EPS Surprise Copart, Inc. Price and EPS Surprise | Copart, Inc. Quote Thanks in part to this history, recent estimates have been moving higher for Copart. In fact, the Earnings ESP for CPRT is positive, which is a great sign of a coming beat. After all, the Zacks Earnings ESP compares the most accurate estimate to the broad consensus, looking to find stocks that have seen big revisions as of late, suggesting that analysts have recently become more bullish on the company's earnings prospects. This is the case for CPRT, as the firm currently has a Zacks Earnings ESP of +3.81%, so another beat could be around the corner. This is particularly true when you consider that CPRT has a great Zacks Rank #1 (Strong Buy), which can be a harbinger of outperformance and a signal for a strong earnings profile. You can see the complete list of today's Zacks #1 Rank stocks here . When you add this solid Zacks Rank to a positive Earnings ESP, a positive earnings surprise happens nearly 70% of the time, so it seems pretty likely that CPRT could see another beat at its next report, especially if recent trends are any guide. Will You Make a Fortune on the Shift to Electric Cars? Here's another stock idea to consider. Much like petroleum 150 years ago, lithium power may soon shake the world, creating millionaires and reshaping geo-politics. Soon electric vehicles (EVs) may be cheaper than gas guzzlers. Some are already reaching 265 miles on a single charge. With battery prices plummeting and charging stations set to multiply, one company stands out as the #1 stock to buy according to Zacks research. It's not the one you think. See This Ticker Free >> Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Copart, Inc. (CPRT): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""4 Top Stocks to Buy With Superb Efficiency Level Companies with favorable efficiency levels are likely to be on investors' radar irrespective of market conditions. This is because a company with a favorable efficiency level is expected to provide impressive returns as it is believed to be positively correlated with its price performance. Key Ratios to Identify Efficiency Sometimes it becomes difficult to measure the efficiency level of a company. This is the reason why one must consider popular efficiency ratios while selecting stocks. These efficiency ratios are: Inventory Turnover: The ratio of 12-month cost of goods sold (COGS) to a four-quarter average inventory is considered one of the most popular efficiency ratios. It indicates a company's ability to maintain a suitable inventory position. While a high value indicates that the company has a relatively low level of inventory compared to COGS, a low value indicates that the company is facing declining sales, which resulted in excess inventory. Receivables Turnover: This is the ratio of 12-month sales to four-quarter average receivables. It shows a company's potential to extend its credit and collect debt in terms of that credit. A high receivables turnover ratio or the \""accounts receivable turnover ratio\"" or \""debtor's turnover ratio\"" is desirable as it shows that the company is capable of collecting its accounts receivables or that it has quality customers. Asset Utilization: This ratio indicates a company's capability to convert assets into output and is thus a widely known measure of efficiency level. It is calculated by dividing total sales over the past 12 months by the last four-quarter average of total assets. Like the above ratios, high asset utilization may indicate that a company is efficient. Operating Margin: This efficiency measure is the ratio of operating income over the past 12 months to sales over the same period. It measures a company's ability to control operating expenses. Hence, a high value of the ratio may indicate that the company manages its operating expenses more efficiently than its peers. Screening Parameters In addition to the above-mentioned ratios, we have added a favorable Zacks Rank #1 (Strong Buy) or 2 (Buy) to the screen with an objective to make this strategy more profitable. You can see the complete list of today's Zacks #1 Rank stocks here . Inventory Turnover, Receivables Turnover, Asset Utilization and Operating Margin greater than industry average (Values of these ratios higher than industry averages may indicate that the efficiency level of the company is higher than its peers.) The use of these few criteria has narrowed down the universe of over 7,906 stocks to only 12. Here are four stocks from the 12 that made it through the screen: Baxter International Inc.BAX provides a portfolio of renal and hospital products. The company operates through two segments, Hospital Products and Renal. The company has an average four-quarter positive earnings surprise of 10.3%. The stock carries a Zacks Rank #2. Copart, Inc.CPRT provides online auctions and vehicle remarketing services. The company has an average four-quarter positive earnings surprise of 16.6%. The stock has a Zacks Rank #1. Applied Materials, Inc.AMAT provides manufacturing equipment, services, and software to the semiconductor, display, and related industries worldwide. The company has an average four-quarter positive earnings surprise of 4.8%. The stock flaunts a Zacks Rank #1. Steel Dynamics, Inc.STLD engages in the steel products manufacturing and metals recycling businesses in the United States and internationally. The company has an average four-quarter positive earnings surprise of 6.5%. The stock has a Zacks Rank #1. You can get the rest of the stocks on this list by signing up now for your 2-week free trial to the Research Wizard and start using this screen in your own trading. Further, you can also create your own strategies and test them first before taking the investment plunge. The Research Wizard is a great place to begin. It's easy to use. Everything is in plain language. And it's very intuitive. Start your Research Wizard trial today. And the next time you read an economic report, open up the Research Wizard, plug your finds in, and see what gems come out. Click here to sign up for a free trial to the Research Wizard today . Disclosure: Officers, directors and/or employees of Zacks Investment Research may own or have sold short securities and/or hold long and/or short positions in options that are mentioned in this material. An affiliated investment advisory firm may own or have sold short securities and/or hold long and/or short positions in options that are mentioned in this material. Disclosure: Performance information for Zacks' portfolios and strategies are available at: https://www.zacks.com/performance Zacks Restaurant Recommendations: In addition to dining at these special places, you can feast on their stock shares. A Zacks Special Report spotlights 5 recent IPOs to watch plus 2 stocks that offer immediate promise in a booming sector. Download it free \u00bb Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Baxter International Inc. (BAX): Free Stock Analysis Report Steel Dynamics, Inc. (STLD): Free Stock Analysis Report Applied Materials, Inc. (AMAT): Free Stock Analysis Report Copart, Inc. (CPRT): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Why Copart, Inc. (CPRT) is Poised to Beat Earnings Estimates Again"", ""4 Top Stocks to Buy With Superb Efficiency Level""]"
CPRT,2018-04-16,12.7075,12.71,12.5762,12.5825,"[""Emergency Bells Don't Ring Long for Wall Street: 5 Top Picks"", ""Zacks.com highlights: Baxter International, Copart, Applied Materials and Steel Dynamics"", ""Emergency Bells Don't Ring Long for Wall Street: 5 Top Picks"", ""Zacks.com highlights: Baxter International, Copart, Applied Materials and Steel Dynamics"", ""Emergency Bells Don't Ring Long for Wall Street: 5 Top Picks The United States and its allies have launched target missiles on Syria, dragging the benchmarks down in the final hours of trading on Apr 13. Such escalating tensions, however, shouldn't dampen investors' spirits for long. After all, mounting military tensions, historically, has had no effect on markets but on humans. In fact, markets in crisis have usually recovered quickly. Keeping this in mind, investing in solid growth stocks doesn't seem to be a bad proposition. Syria Air Strikes Western powers had carried out missile attacks at the heart of Syria's chemical weapons facilities. The United States, France and Britain launched 105 cruise missiles on three chemical weapon facilities, including a development center in Damascus' Barzeh region and two installations near Homs. The strike was carried out after Syrian President Bashar al-Assad had sanctioned a chemical weapon attack on civilians in Damascus. This retaliation was the biggest by any Western force against Assad and his superpower ally Russia. However, the Western countries did mention that the strikes were limited to Syria's chemical weapon facilities and not aimed at Assad. Nevertheless, such targeted military strikes against the Syrian government have dented investors' sentiment of late. Investors Shouldn't Panic Investors should not fear a missile strike on Syria as such attacks have limited impact on the stock market, especially over the long run. Jeffrey Kleintop, the chief global investment strategist at Charles Schwab & Co, said that immediately after a military strike, markets tend to lose around 0.3%, but there is nothing earth-shattering about it. Such movements happen during every normal trading session almost. In fact, post-crisis lows open up good buying opportunities, per an analysis conducted by Ned Davis Research. After major geopolitical crisis in the past century, they have found that the market rebound has been so solid that within six months it stands higher than where it was before the catastrophe. Ned Davis Research analyzed that the Dow Jones Industrial Average on average fell 3.2% after any crisis, yet by six months, the blue-chip index manages to recover from the lows. In fact, it scales higher in 12 months' time. If the Sep 11, 2011 attack is to be considered, the index tanked 17.5% five trading sessions later. But, it bounced back in less than two months and was higher than where it had been on Sep 10. Trump has tweeted that attacks on Syria were \""mission accomplished.\"" This also suggests that the President won't be carrying out attacks that may raise risks of a broader conflict, involving Russia. Time for Traders to Cheer Up The American Association of Individual Investors (AAII), in the meantime, showed that bearish sentiments in the market jumped 6.1 percentage points to 42.8%. The Syrian crisis and China's trade surplus with the U.S. improving, thereby, adding fuel to the ongoing trade conflict added to the bearish sentiments. However, the AAII survey is always used as a contrarian indicator, boosting traders' confidence when the readings get scary. And why not? As investor sentiments are now decidedly bearish, the market has neared a bottom, which means it has only one way to go, that's upward. 5 Top Winners With the markets expected to scale north after a crisis, investing in sound growth stocks seems judicious. We have, thus, selected five such stocks that flaunt a Zacks Rank #1 (Strong Buy) or 2 (Buy) and a Growth Style Score of A or B. This combination offers the best investment opportunities in the growth investing space. Kohl's CorporationKSS operates as an omni-channel retailer in the United States. Its stores and website offer apparel, footwear, accessories, beauty, and home products. The company has a Zacks Rank #1 and a Growth Score of A. The company's expected earnings growth for the current and next quarter is 25.6% and 33.1%, respectively. The stock's expected earnings growth rate for the current year is 25.1%, better than the industry 's estimated growth of 1.8%. Kohl's shares dropped 2.7% on Apr 13. FARO Technologies, Inc.FARO designs, develops, manufactures, markets, and supports software driven, three-dimensional (3D) measurement, imaging, and realization systems. The company has a Zacks Rank #1 and a Growth Score of B. The company's expected earnings growth for the current and next quarter is 200% and 168.2%, respectively. The stock's expected earnings growth rate for the current year is 255.2%, way more than the industry 's estimated growth of 3.3%. FARO Technologies shares declined 0.5% on Apr 13. Copart, Inc.CPRT provides online auctions and vehicle remarketing services. The company has a Zacks Rank #1 and a Growth Score of B. The company's expected earnings growth for the current and next quarter is 29.7% and 25.7%, respectively. The stock's expected earnings growth rate for the current year is 34.9% versus the industry 's estimated growth of 32.6%. Copart's shares declined 0.9% on Apr 13. You can see the complete list of today's Zacks #1 Rank stocks here. Burlington Stores, Inc.BURL operates as a retailer of branded apparel products in the United States. The company has a Zacks Rank #2 and a Growth Score of A. The company's expected earnings growth for the current and next quarter is 47.9% and 27.8%, respectively. The stock's expected earnings growth rate for the current year is 31.8%, compared with the industry 's estimated growth of 19.5%. Burlington Stores' shares fell 1.3% on Apr 13. Applied Materials, Inc.AMAT provides manufacturing equipment, services, and software to the semiconductor, display, and related industries. The company has a Zacks Rank #1 and a Growth Score of A. The company's expected earnings growth for the current and next quarter is 43% and 32.6%, respectively. The stock's expected earnings growth rate for the current year is 35.7%, slightly higher than the industry 's estimated growth of 35.6%. Applied Materials' shares slipped 0.6% on Apr 13. Investor Alert: Breakthroughs Pending A medical advance is now at the flashpoint between theory and realization. Billions of dollars in research have poured into it. Companies are already generating substantial revenue, and even more wondrous products are in the pipeline. Cures for a variety of deadly diseases are in sight, and so are big potential profits for early investors. Zacks names 5 stocks to buy now. Click here to see them >> Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report FARO Technologies, Inc. (FARO): Free Stock Analysis Report Burlington Stores, Inc. (BURL): Free Stock Analysis Report Kohl's Corporation (KSS): Free Stock Analysis Report Applied Materials, Inc. (AMAT): Free Stock Analysis Report Copart, Inc. (CPRT): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Zacks.com highlights: Baxter International, Copart, Applied Materials and Steel Dynamics For Immediate Release Chicago, IL - April 16, 2018 - Stocks in this week's article include: Baxter International Inc. BAX , Copart, Inc. CPRT , Applied Materials, Inc. AMAT and Steel Dynamics, Inc. STLD . Screen of the Week of Zacks Investment Research: 4 Top Stocks to Buy with Superb Efficiency Companies with favorable efficiency levels are likely to be on investors' radar irrespective of market conditions. This is because a company with a favorable efficiency level is expected to provide impressive returns as it is believed to be positively correlated with its price performance. Key Ratios to Identify Efficiency Sometimes it becomes difficult to measure the efficiency level of a company. This is the reason why one must consider popular efficiency ratios while selecting stocks. These efficiency ratios are: Inventory Turnover: The ratio of 12-month cost of goods sold (COGS) to a four-quarter average inventory is considered one of the most popular efficiency ratios. It indicates a company's ability to maintain a suitable inventory position. While a high value indicates that the company has a relatively low level of inventory compared to COGS, a low value indicates that the company is facing declining sales, which resulted in excess inventory. Receivables Turnover: This is the ratio of 12-month sales to four-quarter average receivables. It shows a company's potential to extend its credit and collect debt in terms of that credit. A high receivables turnover ratio or the \""accounts receivable turnover ratio\"" or \""debtor's turnover ratio\"" is desirable as it shows that the company is capable of collecting its accounts receivables or that it has quality customers. Asset Utilization: This ratio indicates a company's capability to convert assets into output and is thus a widely known measure of efficiency level. It is calculated by dividing total sales over the past 12 months by the last four-quarter average of total assets. Like the above ratios, high asset utilization may indicate that a company is efficient. Operating Margin: This efficiency measure is the ratio of operating income over the past 12 months to sales over the same period. It measures a company's ability to control operating expenses. Hence, a high value of the ratio may indicate that the company manages its operating expenses more efficiently than its peers. And that's what we're screening for today\u2026 For the rest of this Screen of the Week article please visit Zacks.com at: https://www.zacks.com/stock/news/299094/4-top-stocks-to-buy-with-superb-efficiency-level Get the remaining stocks on the list and start putting this and other ideas to the test. It can all be done with the Research Wizard stock picking and back testing software. The Research Wizard is a great place to begin. It's easy to use. Everything is in plain language. And it's very intuitive. Start your Research Wizard trial today. And the next time you read an economic report, open up the Research Wizard, plug your finds in, and see what gems come out. Click here to sign up for a free trial to the Research Wizard today . Disclosure: Officers, directors and/or employees of Zacks Investment Research may own or have sold short securities and/or hold long and/or short positions in options that are mentioned in this material. An affiliated investment advisory firm may own or have sold short securities and/or hold long and/or short positions in options that are mentioned in this material. About Screen of the Week Zacks.com created the first and best screening system on the web earning the distinction as the \""#1 site for screening stocks\"" by Money Magazine. But powerful screening tools is just the start. That is why Zacks created the Screen of the Week to highlight profitable stock picking strategies that investors can actively use. Strong Stocks that Should Be in the News Many are little publicized and fly under the Wall Street radar. They're virtually unknown to the general public. Yet today's 220 Zacks Rank #1 \""Strong Buys\"" were generated by the stock-picking system that has more than doubled the market from 1988 through 2016. Its average gain has been a stellar +25% per year. See these high-potential stocks free >>. Follow us on Twitter: https://twitter.com/zacksresearch Join us on Facebook: https://www.facebook.com/ZacksInvestmentResearch Zacks Investment Research is under common control with affiliated entities (including a broker-dealer and an investment adviser), which may engage in transactions involving the foregoing securities for the clients of such affiliates. Contact: Jim Giaquinto Company: Zacks.com Phone: 312-265-9268 Email: pr@zacks.com Visit: https://www.zacks.com/ Zacks.com provides investment resources and informs you of these resources, which you may choose to use in making your own investment decisions. Zacks is providing information on this resource to you subject to the Zacks \""Terms and Conditions of Service\"" disclaimer. www.zacks.com/disclaimer . Past performance is no guarantee of future results. Inherent in any investment is the potential for loss. This material is being provided for informational purposes only and nothing herein constitutes investment, legal, accounting or tax advice, or a recommendation to buy, sell or hold a security. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. It should not be assumed that any investments in securities, companies, sectors or markets identified and described were or will be profitable. All information is current as of the date of herein and is subject to change without notice. Any views or opinions expressed may not reflect those of the firm as a whole. Zacks Investment Research does not engage in investment banking, market making or asset management activities of any securities. These returns are from hypothetical portfolios consisting of stocks with Zacks Rank = 1 that were rebalanced monthly with zero transaction costs. These are not the returns of actual portfolios of stocks. The S&P 500 is an unmanaged index. Visit https://www.zacks.com/performance for information about the performance numbers displayed in this press release. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Baxter International Inc. (BAX): Free Stock Analysis Report Steel Dynamics, Inc. (STLD): Free Stock Analysis Report Applied Materials, Inc. (AMAT): Free Stock Analysis Report Copart, Inc. (CPRT): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Emergency Bells Don't Ring Long for Wall Street: 5 Top Picks"", ""Zacks.com highlights: Baxter International, Copart, Applied Materials and Steel Dynamics""]"
CPRT,2018-04-17,12.795,12.9825,12.74,12.825,"[""The Zacks Analyst Blog Highlights: Kohl's, FARO Technologies, Copart, Burlington Stores and Applied Materials"", ""Guggenheim Initiates Coverage On Copart with Buy Rating, Announces $58.00 Price Target"", ""Guggenheim Initiates Coverage On Copart with Buy Rating, Announces $58.00 Price Target"", ""The Zacks Analyst Blog Highlights: Kohl's, FARO Technologies, Copart, Burlington Stores and Applied Materials"", ""Guggenheim Initiates Coverage On Copart with Buy Rating, Announces $58.00 Price Target"", ""The Zacks Analyst Blog Highlights: Kohl's, FARO Technologies, Copart, Burlington Stores and Applied Materials""]"
CPRT,2018-04-18,12.8425,13.0762,12.8425,12.9575,
CPRT,2018-04-19,12.9725,13.105,12.9575,12.965,
CPRT,2018-04-20,12.9925,13.0475,12.8375,12.875,"[""Logos LP Q1 2018 Commentary - Long McKesson, Booking Holdings, Check Point Software And BofI Holdings"", ""Logos LP Q1 2018 Commentary - Long McKesson, Booking Holdings, Check Point Software And BofI Holdings"", ""Top Ranked Momentum Stocks to Buy for April 20th Here are four stocks with buy rank and strong momentum characteristics for investors to consider today, April 20th: Daqo New Energy Corp. (DQ): This seller of polysilicon and wafers has a Zacks Rank #1 (Strong Buy) and witnessed the Zacks Consensus Estimate for its current year earnings advancing 30.9% over the last 60 days. DAQO New Energy Corp. Price and Consensus DAQO New Energy Corp. price-consensus-chart | DAQO New Energy Corp. Quote Daqo's shares gained 17.80% over the last one month more than S&P 500's loss of 1.1%. The company possesses a Momentum Score of A. DAQO New Energy Corp. Price Guess?, Inc. price-consensus-chart | Guess?, Inc. Quote Guess' shares gained 50.7% over the last one month. The company possesses a Momentum Score of A. Guess?, Inc. Price Guess?, Inc. price | Guess?, Inc. Quote Copart, Inc. (CPRT): This online vehicle auction services provider has a Zacks Rank #1 (Strong Buy) and witnessed the Zacks Consensus Estimate for its current year earnings rising 14.5% over the last 60 days. Copart, Inc. Price and Consensus Copart, Inc. price-consensus-chart | Copart, Inc. Quote Copart's shares gained 1.3% over the last one month. The company possesses a Momentum Score of B. Copart, Inc. Price Copart, Inc. price | Copart, Inc. Quote Limbach Holdings, Inc. (LMB): This commercial specialty contractor services provider has a Zacks Rank #1 (Strong Buy) and witnessed the Zacks Consensus Estimate for its current year earnings advancing 12.4% over the last 60 days. Limbach Holdings, Inc. Price and Consensus Limbach Holdings, Inc. price-consensus-chart | Limbach Holdings, Inc. Quote Limbach's shares gained 7.7% over the last one month. The company possesses a Momentum Score of B. Limbach Holdings, Inc. Price Limbach Holdings, Inc. price | Limbach Holdings, Inc. Quote See the full list of top ranked stocks here Learn more about the Momentum score and how it is calculated here. Wall Street's Next Amazon Zacks EVP Kevin Matras believes this familiar stock has only just begun its climb to become one of the greatest investments of all time. It's a once-in-a-generation opportunity to invest in pure genius. Click for details >> Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Limbach Holdings, Inc. (LMB): Free Stock Analysis Report Guess?, Inc. (GES): Free Stock Analysis Report DAQO New Energy Corp. (DQ): Free Stock Analysis Report Copart, Inc. (CPRT): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Logos LP Q1 2018 Commentary - Long McKesson, Booking Holdings, Check Point Software And BofI Holdings""]"
CPRT,2018-04-23,12.95,13.1075,12.725,12.985,
CPRT,2018-04-24,13.0575,13.1825,12.7104,12.7925,"[""Copart Reports Expansion of Location Near Minneapolis, Minnesota"", ""Copart Reports Expansion of Location Near Minneapolis, Minnesota"", ""Copart Reports Expansion of Location Near Minneapolis, Minnesota""]"
CPRT,2018-04-25,12.7675,12.8925,12.62,12.835,
CPRT,2018-04-26,12.855,12.955,12.845,12.855,"[""4 Top Efficient Stocks to Buy for Stellar Returns"", ""4 Top Efficient Stocks to Buy for Stellar Returns"", ""4 Top Efficient Stocks to Buy for Stellar Returns InvestorPlace - Stock Market News, Stock Advice & Trading Tips Smart investors always opt for a plan that is likely to yield high returns irrespective of market conditions. Efficiency level, which measures a company's capability to transform available input into output, is often considered an important parameter used to gauge a company's potential to rake in handsome returns. Source: Flickr A company with a favorable efficiency level is expected to provide stellar returns as it is believed to be positively correlated with price performance. Key Ratios to Identify Efficiency Sometimes it becomes difficult to measure the efficiency level of a company. This is the reason why one must consider popular efficiency ratios while selecting stocks. These efficiency ratios are: Inventory Turnover: The ratio of 12-month cost of goods sold (COGS) to a four-quarter average inventory is considered one of the most popular efficiency ratios. It indicates a company's ability to maintain a suitable inventory position. While a high value indicates that the company has a relatively low level of inventory compared to COGS, a low value shows that the company is facing declining sales, which resulted in excess inventory. Receivables Turnover: This is the ratio of 12-month sales to four-quarter average receivables. It shows a company's potential to extend its credit and collect debt in terms of that credit. A high receivables turnover ratio or the \""accounts receivable turnover ratio\"" or \""debtor's turnover ratio\"" is desirable as it shows that the company is capable of collecting its accounts receivables or that it has quality customers. 4 Blue-Chip Stocks to Buy Ahead of Eye-Popping Earnings Asset Utilization: This ratio indicates a company's capability to convert assets into output and is thus a widely known measure of efficiency level. It is calculated by dividing total sales over the past 12 months by the last four-quarter average of total assets. Like the above ratios, high asset utilization may indicate that a company is efficient. Operating Margin: This efficiency measure is the ratio of operating income over the past 12 months to sales over the same period. It measures a company's ability to control operating expenses. Hence, a high value of the ratio may indicate that the company manages its operating expenses more efficiently than its peers. Screening Parameters In addition to the above-mentioned ratios, we have added a favorable Zacks Rank #1 (Strong Buy) or 2 (Buy) to the screen with an objective to make this strategy more profitable. Inventory Turnover, Receivables Turnover, Asset Utilization and Operating Margin greater than industry average (Values of these ratios higher than industry averages may indicate that the efficiency level of the company is higher than its peers.) The use of these few criteria has narrowed down the universe of over 7,906 stocks to only 18. Here are four stocks from the 18 that made it through the screen: Illumina, Inc. (NASDAQ: ILMN ) provides sequencing and array-based solutions for genetic analysis. The company has an average four-quarter positive earnings surprise of 23.2%.The stock has a Zacks Rank #2. AlarmCom Hldg Inc (NASDAQ: ALRM ) provides cloud-based software platform solutions for smart residential and commercial properties in the United States and internationally. The company has an average four-quarter positive earnings surprise of 55.9%.The stock sports a Zacks Rank #1. Copart, Inc. (NASDAQ: CPRT ) provides online auctions and vehicle remarketing services. The company has an average four-quarter positive earnings surprise of 16.6%.The stock sports a Zacks Rank #1. Vanda Pharmaceuticals Inc. (NASDAQ: VNDA ) focuses on the development and commercialization of products for the treatment of central nervous system disorders. The company has an average four-quarter positive earnings surprise of 30.4%.The stock carries a Zacks Rank #2. 7 Stocks to Buy for Big May Dividend Hikes You can get the rest of the stocks on this list by signing up now for your 2-week free trial to the Research Wizard and start using this screen in your own trading. Further, you can also create your own strategies and test them first before taking the investment plunge. The Research Wizard is a great place to begin. It's easy to use. Everything is in plain language. And it's very intuitive. Start your Research Wizard trial today. And the next time you read an economic report, open up the Research Wizard, plug your finds in, and see what gems come out. Click here to sign up for a free trial to the Research Wizard today . Disclosure: Officers, directors and/or employees of Zacks Investment Research may own or have sold short securities and/or hold long and/or short positions in options that are mentioned in this material. An affiliated investment advisory firm may own or have sold short securities and/or hold long and/or short positions in options that are mentioned in this material. Disclosure: Performance information for Zacks' portfolios and strategies are available at:https://www.zacks.com/performance Zacks Restaurant Recommendations: In addition to dining at these special places, you can feast on their stock shares. A Zacks Special Report spotlights 5 recent IPOs to watch plus 2 stocks that offer immediate promise in a booming sector. Download it free \u00bb More From InvestorPlace 5 Terrific Tech Stocks to Buy Ahead of Q1 Earnings The 5 Best Big-Dividend Stocks With Upside 3 Biotech Stocks That Will Thrive Amid Market Instability Compare Brokers The post 4 Top Efficient Stocks to Buy for Stellar Returns appeared first on InvestorPlace . The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""4 Top Efficient Stocks to Buy for Stellar Returns Smart investors always opt for a plan that is likely to yield high returns irrespective of market conditions. Efficiency level, which measures a company's capability to transform available input into output, is often considered an important parameter used to gauge a company's potential to rake in handsome returns. A company with a favorable efficiency level is expected to provide stellar returns as it is believed to be positively correlated with price performance. Key Ratios to Identify Efficiency Sometimes it becomes difficult to measure the efficiency level of a company. This is the reason why one must consider popular efficiency ratios while selecting stocks. These efficiency ratios are: Inventory Turnover: The ratio of 12-month cost of goods sold (COGS) to a four-quarter average inventory is considered one of the most popular efficiency ratios. It indicates a company's ability to maintain a suitable inventory position. While a high value indicates that the company has a relatively low level of inventory compared to COGS, a low value shows that the company is facing declining sales, which resulted in excess inventory. Receivables Turnover: This is the ratio of 12-month sales to four-quarter average receivables. It shows a company's potential to extend its credit and collect debt in terms of that credit. A high receivables turnover ratio or the \""accounts receivable turnover ratio\"" or \""debtor's turnover ratio\"" is desirable as it shows that the company is capable of collecting its accounts receivables or that it has quality customers. Asset Utilization: This ratio indicates a company's capability to convert assets into output and is thus a widely known measure of efficiency level. It is calculated by dividing total sales over the past 12 months by the last four-quarter average of total assets. Like the above ratios, high asset utilization may indicate that a company is efficient. Operating Margin: This efficiency measure is the ratio of operating income over the past 12 months to sales over the same period. It measures a company's ability to control operating expenses. Hence, a high value of the ratio may indicate that the company manages its operating expenses more efficiently than its peers. Screening Parameters In addition to the above-mentioned ratios, we have added a favorable Zacks Rank #1 (Strong Buy) or 2 (Buy) to the screen with an objective to make this strategy more profitable. You can see the complete list of today's Zacks #1 Rankstocks here . Inventory Turnover, Receivables Turnover, Asset Utilization and Operating Margin greater than industry average (Values of these ratios higher than industry averages may indicate that the efficiency level of the company is higher than its peers.) The use of these few criteria has narrowed down the universe of over 7,906 stocks to only 18. Here are four stocks from the 18 that made it through the screen: Illumina, Inc.ILMN provides sequencing and array-based solutions for genetic analysis. The company has an average four-quarter positive earnings surprise of 23.2%.The stock has a Zacks Rank #2. Alarm.com Holdings, Inc.ALRM provides cloud-based software platform solutions for smart residential and commercial properties in the United States and internationally. The company has an average four-quarter positive earnings surprise of 55.9%.The stock sports a Zacks Rank #1. Copart, Inc.CPRT provides online auctions and vehicle remarketing services. The company has an average four-quarter positive earnings surprise of 16.6%.The stock sports a Zacks Rank #1. Vanda Pharmaceuticals Inc.VNDA focuses on the development and commercialization of products for the treatment of central nervous system disorders. The company has an average four-quarter positive earnings surprise of 30.4%.The stock carries a Zacks Rank #2. You can get the rest of the stocks on this list by signing up now for your 2-week free trial to the Research Wizard and start using this screen in your own trading. Further, you can also create your own strategies and test them first before taking the investment plunge. The Research Wizard is a great place to begin. It's easy to use. Everything is in plain language. And it's very intuitive. Start your Research Wizard trial today. And the next time you read an economic report, open up the Research Wizard, plug your finds in, and see what gems come out. Click here to sign up for a free trial to the Research Wizard today . Disclosure: Officers, directors and/or employees of Zacks Investment Research may own or have sold short securities and/or hold long and/or short positions in options that are mentioned in this material. An affiliated investment advisory firm may own or have sold short securities and/or hold long and/or short positions in options that are mentioned in this material. Disclosure: Performance information for Zacks' portfolios and strategies are available at:https://www.zacks.com/performance Zacks Restaurant Recommendations: In addition to dining at these special places, you can feast on their stock shares. A Zacks Special Report spotlights 5 recent IPOs to watch plus 2 stocks that offer immediate promise in a booming sector. Download it free \u00bb Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Illumina, Inc. (ILMN): Free Stock Analysis Report Vanda Pharmaceuticals Inc. (VNDA): Free Stock Analysis Report Alarm.com Holdings, Inc. (ALRM): Free Stock Analysis Report Copart, Inc. (CPRT): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""4 Top Efficient Stocks to Buy for Stellar Returns""]"
CPRT,2018-04-27,12.89,12.955,12.8038,12.9075,"[""Zacks.com highlights: Illumina, Alarm.com Holdings, Copart and Vanda Pharmaceuticals"", ""Los Angeles Capital Management & Equity Research I Buys UnitedHealth Group Inc, Cabot Oil ..."", ""Los Angeles Capital Management & Equity Research I Buys UnitedHealth Group Inc, Cabot Oil ..."", ""Zacks.com highlights: Illumina, Alarm.com Holdings, Copart and Vanda Pharmaceuticals"", ""The Goodyear Tire & Rubber Company (GT) Ex-Dividend Date Scheduled for April 30, 2018 The Goodyear Tire & Rubber Company ( GT ) will begin trading ex-dividend on April 30, 2018. A cash dividend payment of $0.14 per share is scheduled to be paid on June 01, 2018. Shareholders who purchased GT prior to the ex-dividend date are eligible for the cash dividend payment. This marks the 3rd quarter that GT has paid the same dividend. At the current stock price of $25.4, the dividend yield is 2.2%. The previous trading day's last sale of GT was $25.4, representing a -30.87% decrease from the 52 week high of $36.74 and a 0.75% increase over the 52 week low of $25.21. GT is a part of the Consumer Durables sector, which includes companies such as Genuine Parts Company ( GPC ) and Copart, Inc. ( CPRT ). GT's current earnings per share, an indicator of a company's profitability, is $1. Zacks Investment Research reports GT's forecasted earnings growth in 2018 as 16.99%, compared to an industry average of 7.7%. For more information on the declaration, record and payment dates, visit the GT Dividend History page. Our Dividend Calendar has the full list of stocks that have an ex-dividend today. Interested in gaining exposure to GT through an Exchange Traded Fund [ETF]? The following ETF(s) have GT as a top-10 holding: iShares Trust ( CNDF ) NuShares Enhanced Yield US Aggregate Bond ETF ( NUMV ). The top-performing ETF of this group is CNDF with an increase of 4.89% over the last 100 days. It also has the highest percent weighting of GT at 1.78%. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Caseys General Stores, Inc. (CASY) Ex-Dividend Date Scheduled for April 30, 2018 Caseys General Stores, Inc. ( CASY ) will begin trading ex-dividend on April 30, 2018. A cash dividend payment of $0.26 per share is scheduled to be paid on May 15, 2018. Shareholders who purchased CASY prior to the ex-dividend date are eligible for the cash dividend payment. This marks the 4th quarter that CASY has paid the same dividend. At the current stock price of $97.17, the dividend yield is 1.07%. The previous trading day's last sale of CASY was $97.17, representing a -24.39% decrease from the 52 week high of $128.51 and a 1.03% increase over the 52 week low of $96.18. CASY is a part of the Consumer Durables sector, which includes companies such as Genuine Parts Company ( GPC ) and Copart, Inc. ( CPRT ). CASY's current earnings per share, an indicator of a company's profitability, is $8.58. Zacks Investment Research reports CASY's forecasted earnings growth in 2018 as -11.29%, compared to an industry average of 22.5%. For more information on the declaration, record and payment dates, visit the CASY Dividend History page. Our Dividend Calendar has the full list of stocks that have an ex-dividend today. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Zacks.com highlights: Illumina, Alarm.com Holdings, Copart and Vanda Pharmaceuticals For Immediate Release Chicago, IL - April 27, 2018 - Stocks in this week's article include: Illumina, Inc. ILMN , Alarm.com Holdings, Inc. ALRM , Copart, Inc. CPRT and Vanda Pharmaceuticals Inc. VNDA . Screen of the Week of Zacks Investment Research: 4 Top Efficient Stocks to Buy for Stellar Returns Smart investors always opt for a plan that is likely to yield high returns irrespective of market conditions. Efficiency level, which measures a company's capability to transform available input into output, is often considered an important parameter used to gauge a company's potential to rake in handsome returns. A company with a favorable efficiency level is expected to provide stellar returns as it is believed to be positively correlated with price performance. Key Ratios to Identify Efficiency Sometimes it becomes difficult to measure the efficiency level of a company. This is the reason why one must consider popular efficiency ratios while selecting stocks. These efficiency ratios are: Inventory Turnover: The ratio of 12-month cost of goods sold (COGS) to a four-quarter average inventory is considered one of the most popular efficiency ratios. It indicates a company's ability to maintain a suitable inventory position. While a high value indicates that the company has a relatively low level of inventory compared to COGS, a low value shows that the company is facing declining sales, which resulted in excess inventory. Receivables Turnover: This is the ratio of 12-month sales to four-quarter average receivables. It shows a company's potential to extend its credit and collect debt in terms of that credit. A high receivables turnover ratio or the \""accounts receivable turnover ratio\"" or \""debtor's turnover ratio\"" is desirable as it shows that the company is capable of collecting its accounts receivables or that it has quality customers. Asset Utilization: This ratio indicates a company's capability to convert assets into output and is thus a widely known measure of efficiency level. It is calculated by dividing total sales over the past 12 months by the last four-quarter average of total assets. Like the above ratios, high asset utilization may indicate that a company is efficient. Operating Margin: This efficiency measure is the ratio of operating income over the past 12 months to sales over the same period. It measures a company's ability to control operating expenses. Hence, a high value of the ratio may indicate that the company manages its operating expenses more efficiently than its peers. And that's what we're screening for today\u2026 For the rest of this Screen of the Week article please visit Zacks.com at: https://www.zacks.com/stock/news/300948/4-top-efficient-stocks-to-buy-for-stellar-returns Get the remaining stocks on the list and start putting this and other ideas to the test. It can all be done with the Research Wizard stock picking and back testing software. The Research Wizard is a great place to begin. It's easy to use. Everything is in plain language. And it's very intuitive. Start your Research Wizard trial today. And the next time you read an economic report, open up the Research Wizard, plug your finds in, and see what gems come out. Click here to sign up for a free trial to the Research Wizard today . Disclosure: Officers, directors and/or employees of Zacks Investment Research may own or have sold short securities and/or hold long and/or short positions in options that are mentioned in this material. An affiliated investment advisory firm may own or have sold short securities and/or hold long and/or short positions in options that are mentioned in this material. About Screen of the Week Zacks.com created the first and best screening system on the web earning the distinction as the \""#1 site for screening stocks\"" by Money Magazine. But powerful screening tools is just the start. That is why Zacks created the Screen of the Week to highlight profitable stock picking strategies that investors can actively use. Strong Stocks that Should Be in the News Many are little publicized and fly under the Wall Street radar. They're virtually unknown to the general public. Yet today's 220 Zacks Rank #1 \""Strong Buys\"" were generated by the stock-picking system that has more than doubled the market from 1988 through 2016. Its average gain has been a stellar +25% per year. See these high-potential stocks free >>. Follow us on Twitter: https://twitter.com/zacksresearch Join us on Facebook: https://www.facebook.com/ZacksInvestmentResearch Zacks Investment Research is under common control with affiliated entities (including a broker-dealer and an investment adviser), which may engage in transactions involving the foregoing securities for the clients of such affiliates. Contact: Jim Giaquinto Company: Zacks.com Phone: 312-265-9268 Email: pr@zacks.com Visit: https://www.zacks.com/ Zacks.com provides investment resources and informs you of these resources, which you may choose to use in making your own investment decisions. Zacks is providing information on this resource to you subject to the Zacks \""Terms and Conditions of Service\"" disclaimer. www.zacks.com/disclaimer . Past performance is no guarantee of future results. Inherent in any investment is the potential for loss. This material is being provided for informational purposes only and nothing herein constitutes investment, legal, accounting or tax advice, or a recommendation to buy, sell or hold a security. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. It should not be assumed that any investments in securities, companies, sectors or markets identified and described were or will be profitable. All information is current as of the date of herein and is subject to change without notice. Any views or opinions expressed may not reflect those of the firm as a whole. Zacks Investment Research does not engage in investment banking, market making or asset management activities of any securities. These returns are from hypothetical portfolios consisting of stocks with Zacks Rank = 1 that were rebalanced monthly with zero transaction costs. These are not the returns of actual portfolios of stocks. The S&P 500 is an unmanaged index. Visit https://www.zacks.com/performance for information about the performance numbers displayed in this press release. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Illumina, Inc. (ILMN): Free Stock Analysis Report Vanda Pharmaceuticals Inc. (VNDA): Free Stock Analysis Report Alarm.com Holdings, Inc. (ALRM): Free Stock Analysis Report Copart, Inc. (CPRT): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Los Angeles Capital Management & Equity Research I Buys UnitedHealth Group Inc, Cabot Oil ..."", ""Zacks.com highlights: Illumina, Alarm.com Holdings, Copart and Vanda Pharmaceuticals""]"
CPRT,2018-04-30,12.9125,13.0075,12.765,12.77,
CPRT,2018-05-01,12.77,12.9412,12.7175,12.915,"Noteworthy ETF Inflows: VB, IEX, CDW, CPRT Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel , one standout is the Vanguard Small-Cap ETF (Symbol: VB) where we have detected an approximate $66.6 million dollar inflow -- that's a 0.3% increase week over week in outstanding units (from 146,887,572 to 147,339,521). Among the largest underlying components of VB, in trading today IDEX Corporation (Symbol: IEX) is off about 0.4%, CDW Corp (Symbol: CDW) is up about 1.5%, and Copart Inc (Symbol: CPRT) is lower by about 0.1%. For a complete list of holdings, visit the VB Holdings page » The chart below shows the one year price performance of VB, versus its 200 day moving average: Looking at the chart above, VB's low point in its 52 week range is $130.457 per share, with $155.86 as the 52 week high point - that compares with a last trade of $146.46. Comparing the most recent share price to the 200 day moving average can also be a useful technical analysis technique -- learn more about the 200 day moving average » . Exchange traded funds (ETFs) trade just like stocks, but instead of ''shares'' investors are actually buying and selling ''units''. These ''units'' can be traded back and forth just like stocks, but can also be created or destroyed to accommodate investor demand. Each week we monitor the week-over-week change in shares outstanding data, to keep a lookout for those ETFs experiencing notable inflows (many new units created) or outflows (many old units destroyed). Creation of new units will mean the underlying holdings of the ETF need to be purchased, while destruction of units involves selling underlying holdings, so large flows can also impact the individual components held within ETFs. Click here to find out which 9 other ETFs had notable inflows » The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
CPRT,2018-05-02,12.8975,13.09,12.8736,12.95,
CPRT,2018-05-03,12.87,13.085,12.8475,13.07,
CPRT,2018-05-04,13.0175,13.285,12.9825,13.205,
CPRT,2018-05-07,13.2625,13.3572,13.0025,13.11,
CPRT,2018-05-08,13.12,13.31,13.11,13.3,
CPRT,2018-05-09,13.3225,13.4733,13.2375,13.45,"Noteworthy ETF Inflows: VB, IEX, CDW, CPRT Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel , one standout is the Vanguard Small-Cap ETF (Symbol: VB) where we have detected an approximate $249.3 million dollar inflow -- that's a 1.1% increase week over week in outstanding units (from 147,339,521 to 148,989,792). Among the largest underlying components of VB, in trading today IDEX Corporation (Symbol: IEX) is up about 0.3%, CDW Corp (Symbol: CDW) is up about 0.3%, and Copart Inc (Symbol: CPRT) is higher by about 0.1%. For a complete list of holdings, visit the VB Holdings page » The chart below shows the one year price performance of VB, versus its 200 day moving average: Looking at the chart above, VB's low point in its 52 week range is $130.457 per share, with $155.86 as the 52 week high point - that compares with a last trade of $151.52. Comparing the most recent share price to the 200 day moving average can also be a useful technical analysis technique -- learn more about the 200 day moving average » . Exchange traded funds (ETFs) trade just like stocks, but instead of ''shares'' investors are actually buying and selling ''units''. These ''units'' can be traded back and forth just like stocks, but can also be created or destroyed to accommodate investor demand. Each week we monitor the week-over-week change in shares outstanding data, to keep a lookout for those ETFs experiencing notable inflows (many new units created) or outflows (many old units destroyed). Creation of new units will mean the underlying holdings of the ETF need to be purchased, while destruction of units involves selling underlying holdings, so large flows can also impact the individual components held within ETFs. Click here to find out which 9 other ETFs had notable inflows » The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
CPRT,2018-05-10,13.4775,13.655,13.4625,13.565,
CPRT,2018-05-11,13.625,13.8275,13.555,13.815,
CPRT,2018-05-14,13.8375,13.9075,13.7675,13.9025,
CPRT,2018-05-15,13.765,13.8625,13.6725,13.8475,
CPRT,2018-05-16,13.8225,14.0625,13.78,14.03,
CPRT,2018-05-17,13.9825,14.195,13.9145,14.0725,"[""IVOG, NVR, CPRT, IEX: ETF Outflow Alert Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel , one standout is the Vanguard S&P Mid-Cap 400 Growth ETF (Symbol: IVOG) where we have detected an approximate $114.4 million dollar outflow -- that's a 10.7% decrease week over week (from 7,700,000 to 6,875,000). Among the largest underlying components of IVOG, in trading today NVR Inc. (Symbol: NVR) is up about 1.7%, Copart Inc (Symbol: CPRT) is up about 0.9%, and IDEX Corporation (Symbol: IEX) is higher by about 0.2%. For a complete list of holdings, visit the IVOG Holdings page \u00bb The chart below shows the one year price performance of IVOG, versus its 200 day moving average: Looking at the chart above, IVOG's low point in its 52 week range is $117.2201 per share, with $142.232 as the 52 week high point - that compares with a last trade of $138.85. Comparing the most recent share price to the 200 day moving average can also be a useful technical analysis technique -- learn more about the 200 day moving average \u00bb . Exchange traded funds (ETFs) trade just like stocks, but instead of ''shares'' investors are actually buying and selling ''units''. These ''units'' can be traded back and forth just like stocks, but can also be created or destroyed to accommodate investor demand. Each week we monitor the week-over-week change in shares outstanding data, to keep a lookout for those ETFs experiencing notable inflows (many new units created) or outflows (many old units destroyed). Creation of new units will mean the underlying holdings of the ETF need to be purchased, while destruction of units involves selling underlying holdings, so large flows can also impact the individual components held within ETFs. Click here to find out which 9 other ETFs experienced notable outflows \u00bb The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Penske Automotive Group, Inc. (PAG) Ex-Dividend Date Scheduled for May 18, 2018 Penske Automotive Group, Inc. ( PAG ) will begin trading ex-dividend on May 18, 2018. A cash dividend payment of $0.35 per share is scheduled to be paid on June 01, 2018. Shareholders who purchased PAG prior to the ex-dividend date are eligible for the cash dividend payment. This represents an 2.94% increase over prior dividend payment. At the current stock price of $48.49, the dividend yield is 2.89%. The previous trading day's last sale of PAG was $48.49, representing a -11.56% decrease from the 52 week high of $54.83 and a 26.51% increase over the 52 week low of $38.33. PAG is a part of the Consumer Durables sector, which includes companies such as Genuine Parts Company ( GPC ) and Copart, Inc. ( CPRT ). PAG's current earnings per share, an indicator of a company's profitability, is $7.44. Zacks Investment Research reports PAG's forecasted earnings growth in 2018 as 17.56%, compared to an industry average of 22.6%. For more information on the declaration, record and payment dates, visit the PAG Dividend History page. Our Dividend Calendar has the full list of stocks that have an ex-dividend today. Interested in gaining exposure to PAG through an Exchange Traded Fund [ETF]? The following ETF(s) have PAG as a top-10 holding: PowerShares Dynamic Retail ( PMR ) Columbia India Consumer ETF ( INCO ). The top-performing ETF of this group is PMR with an decrease of -1.39% over the last 100 days. It also has the highest percent weighting of PAG at 2.73%. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.""]"
CPRT,2018-05-18,13.8925,13.9975,13.5088,13.5175,"[""Stephens & Co. Downgrades Copart to Equal-Weight"", ""Benzinga's Top Upgrades, Downgrades For May 18, 2018"", ""Benzinga's Top Upgrades, Downgrades For May 18, 2018"", ""Stephens & Co. Downgrades Copart to Equal-Weight"", ""Benzinga's Top Upgrades, Downgrades For May 18, 2018"", ""Stephens & Co. Downgrades Copart to Equal-Weight""]"
CPRT,2018-05-21,13.635,13.77,13.44,13.4925,
CPRT,2018-05-22,13.585,13.605,13.235,13.25,"[""Notable earnings after Wednesday's close"", ""Notable earnings after Wednesday's close"", ""Notable earnings after Wednesday's close""]"
CPRT,2018-05-23,13.2425,13.3,13.14,13.24,"[""Copart beats by $0.02, beats on revenue"", ""Earnings Scheduled For May 23, 2018"", ""Earnings Scheduled For May 23, 2018"", ""Copart beats by $0.02, beats on revenue"", ""After-Hours Earnings Report for May 23, 2018 : NTAP, SNPS, CPRT, LB, WSM, SQM, MOD, BRS, WSTL The following companies are expected to report earnings after hours on 05/23/2018. Visit our Earnings Calendar for a full list of expected earnings releases. NetApp, Inc. ( NTAP ) is reporting for the quarter ending April 30, 2018. The computer storage company's consensus earnings per share forecast from the 7 analysts that follow the stock is $0.87. This value represents a 20.83% increase compared to the same quarter last year. In the past year NTAP has beat the expectations every quarter. The highest one was in the 1st calendar quarter where they beat the consensus by 10.39%. Zacks Investment Research reports that the 2018 Price to Earnings ratio for NTAP is 22.95 vs. an industry ratio of 7.60, implying that they will have a higher earnings growth than their competitors in the same industry. Synopsys, Inc. ( SNPS ) is reporting for the quarter ending April 30, 2018. The computer software company's consensus earnings per share forecast from the 3 analysts that follow the stock is $0.73. This value represents a 2.82% increase compared to the same quarter last year. SNPS missed the consensus earnings per share in the 4th calendar quarter of 2017 by -396.3%. Zacks Investment Research reports that the 2018 Price to Earnings ratio for SNPS is 57.59 vs. an industry ratio of -628.50, implying that they will have a higher earnings growth than their competitors in the same industry. Copart, Inc. ( CPRT ) is reporting for the quarter ending April 30, 2018. The auction company's consensus earnings per share forecast from the 6 analysts that follow the stock is $0.48. This value represents a 29.73% increase compared to the same quarter last year. In the past year CPRT has beat the expectations every quarter. The highest one was in the 1st calendar quarter where they beat the consensus by 23.68%. Zacks Investment Research reports that the 2018 Price to Earnings ratio for CPRT is 30.46 vs. an industry ratio of 21.40, implying that they will have a higher earnings growth than their competitors in the same industry. L Brands, Inc. ( LB ) is reporting for the quarter ending April 30, 2018. The retail (shoe) company's consensus earnings per share forecast from the 11 analysts that follow the stock is $0.15. This value represents a 54.55% decrease compared to the same quarter last year. In the past year LB has met analyst expectations once and beat the expectations the other three quarters. Zacks Investment Research reports that the 2019 Price to Earnings ratio for LB is 11.37 vs. an industry ratio of 22.10. Williams-Sonoma, Inc. ( WSM ) is reporting for the quarter ending April 30, 2018. The home furnishings company's consensus earnings per share forecast from the 14 analysts that follow the stock is $0.57. This value represents a 11.76% increase compared to the same quarter last year. In the past year WSM has met analyst expectations once and beat the expectations the other three quarters. Zacks Investment Research reports that the 2019 Price to Earnings ratio for WSM is 11.32 vs. an industry ratio of 12.20. Sociedad Quimica y Minera S.A. ( SQM ) is reporting for the quarter ending March 31, 2018. The fertilizers company's consensus earnings per share forecast from the 1 analyst that follows the stock is $0.44. This value represents a 12.82% increase compared to the same quarter last year. SQM missed the consensus earnings per share in the 2nd calendar quarter of 2017 by -2.56%. Zacks Investment Research reports that the 2018 Price to Earnings ratio for SQM is 32.85 vs. an industry ratio of 7.40, implying that they will have a higher earnings growth than their competitors in the same industry. Modine Manufacturing Company ( MOD ) is reporting for the quarter ending March 31, 2018. The auto (truck) company's consensus earnings per share forecast from the 2 analysts that follow the stock is $0.40. This value represents a 14.29% increase compared to the same quarter last year. In the past year MOD has beat the expectations every quarter. The highest one was in the 4th calendar quarter where they beat the consensus by 20.69%. Zacks Investment Research reports that the 2018 Price to Earnings ratio for MOD is 12.13 vs. an industry ratio of 11.20, implying that they will have a higher earnings growth than their competitors in the same industry. Bristow Group Inc ( BRS ) is reporting for the quarter ending March 31, 2018. The airline company's consensus earnings per share forecast from the 1 analyst that follows the stock is $-0.83. This value represents a 27.83% increase compared to the same quarter last year. BRS missed the consensus earnings per share in the 1st calendar quarter of 2017 by -139.58%. Zacks Investment Research reports that the 2018 Price to Earnings ratio for BRS is -7.34 vs. an industry ratio of 12.70. Westell Technologies, Inc. ( WSTL ) is reporting for the quarter ending March 31, 2018. The communications company's consensus earnings per share forecast from the 1 analyst that follows the stock is $0.05. This value represents a 25.00% increase compared to the same quarter last year. In the past year WSTL and beat the expectations the other three quarters. Zacks Investment Research reports that the 2018 Price to Earnings ratio for WSTL is 10.50 vs. an industry ratio of -18.60, implying that they will have a higher earnings growth than their competitors in the same industry. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Earnings Scheduled For May 23, 2018"", ""Copart beats by $0.02, beats on revenue""]"
CPRT,2018-05-24,13.1675,13.6275,13.0375,13.1775,"[""Copart, Inc. (CPRT) Management on Q3 2018 Results - Earnings Call Transcript"", ""More on Copart Q3 results"", ""Oil Drags On Opening Trade; Dow Lags, Celgene Surges"", ""Auto Stock Roundup: AZO, AAP, CPRT Earnings Beat, F Resumes F-150 Production"", ""Copart's (CPRT) Q3 Earnings & Revenues Surpass Estimates"", ""Copart Late Wednesday Reported Q3 EPS $0.52 Beat $0.50 Estimate, Sales $478.198M Beat $440.79M Estimate"", ""Copart Late Wednesday Reported Q3 EPS $0.52 Beat $0.50 Estimate, Sales $478.198M Beat $440.79M Estimate"", ""Copart, Inc. (CPRT) Management on Q3 2018 Results - Earnings Call Transcript"", ""More on Copart Q3 results"", ""Oil Drags On Opening Trade; Dow Lags, Celgene Surges"", ""Auto Stock Roundup: AZO, AAP, CPRT Earnings Beat, F Resumes F-150 Production"", ""Copart's (CPRT) Q3 Earnings & Revenues Surpass Estimates"", ""VB, TRU, CDW, CPRT: ETF Inflow Alert Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel , one standout is the Vanguard Small-Cap ETF (Symbol: VB) where we have detected an approximate $82.0 million dollar inflow -- that's a 0.4% increase week over week in outstanding units (from 150,065,985 to 150,596,249). Among the largest underlying components of VB, in trading today TransUnion (Symbol: TRU) is off about 0.4%, CDW Corp (Symbol: CDW) is up about 0.3%, and Copart Inc (Symbol: CPRT) is up by about 0.2%. For a complete list of holdings, visit the VB Holdings page \u00bb The chart below shows the one year price performance of VB, versus its 200 day moving average: Looking at the chart above, VB's low point in its 52 week range is $131.25 per share, with $155.94 as the 52 week high point - that compares with a last trade of $153.97. Comparing the most recent share price to the 200 day moving average can also be a useful technical analysis technique -- learn more about the 200 day moving average \u00bb . Exchange traded funds (ETFs) trade just like stocks, but instead of ''shares'' investors are actually buying and selling ''units''. These ''units'' can be traded back and forth just like stocks, but can also be created or destroyed to accommodate investor demand. Each week we monitor the week-over-week change in shares outstanding data, to keep a lookout for those ETFs experiencing notable inflows (many new units created) or outflows (many old units destroyed). Creation of new units will mean the underlying holdings of the ETF need to be purchased, while destruction of units involves selling underlying holdings, so large flows can also impact the individual components held within ETFs. Click here to find out which 9 other ETFs had notable inflows \u00bb The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Copart's (CPRT) Q3 Earnings & Revenues Surpass Estimates Copart, Inc.CPRT reported adjusted earnings per share of 52 cents in third-quarter fiscal 2018 (ended Apr 30, 2018), beating the Zacks Consensus Estimate of 48 cents. The bottom line improved 36.8% from 38 cents recorded in the year-ago quarter. Net income was $127.3 million, reflecting a surge of 40.6% or $36.8 million from third-quarter fiscal 2017. Copart's revenues rose 27.9% to $478.2 million from the year-ago quarter and surpassed the Zacks Consensus Estimate of $435 million. Service revenues went up 24% year over year to $410.8 million while revenues from vehicle sales gained 62% to $67.4 million in comparison with the prior-year quarter. Copart, Inc. Price, Consensus and EPS Surprise Copart, Inc. Price, Consensus and EPS Surprise | Copart, Inc. Quote Gross profit improved 27% to $219.1 million from $173 million a year ago. Total operating expenses increased to $303.6 million from $237 million recorded in the prior-year period. Operating income increased to $174.6 million from $136.8 million a year ago. Financial Details Copart had cash and cash equivalents of $204.3 million as of Apr 30, 2018, compared with $210 million as of Jul 31, 2017. Long-term debt, revolving loan facility and capital lease obligations were $399 million as of Apr 30, 2018, which recorded a decline from $550.8 million as of Jul 31, 2017. In third-quarter fiscal 2018, Copart generated net cash flow of $377.2 million from operations compared with $ 347.8 million a year ago. Zacks Rank & Stocks to Consider Copart currently carries a Zacks Rank #3 (Hold). A few better-ranked stocks in the auto space are Daimler AG DDAIF , Ferrari N.V. RACE and Allison Transmission Holdings, Inc. ALSN . Daimler and Ferrari carry a Zacks Rank #2 (Buy) while Allison Transmission sports a Zacks Rank #1(Strong Buy). You can see the complete list of today's Zacks #1 Rank stocks here . Daimler has an expected long-term growth rate of 5%. The company's stock has seen the Zacks Consensus Estimate for annual earnings being revised 0.9% upward over the last 30 days. Ferrari has an expected long-term growth rate of 17.3%. The company's stock has seen the Zacks Consensus Estimate for annual earnings being revised 11.2% upward over the last 30 days. Allison Transmission has an expected long-term growth rate of 10%. The company's stock has seen the Zacks Consensus Estimate for annual earnings being revised 6.8% upward over the last 30 days. Wall Street's Next Amazon Zacks EVP Kevin Matras believes this familiar stock has only just begun its climb to become one of the greatest investments of all time. It's a once-in-a-generation opportunity to invest in pure genius. Click for details >> Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Daimler AG (DDAIF): Free Stock Analysis Report Allison Transmission Holdings, Inc. (ALSN): Free Stock Analysis Report Ferrari N.V. (RACE): Free Stock Analysis Report Copart, Inc. (CPRT): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Copart Late Wednesday Reported Q3 EPS $0.52 Beat $0.50 Estimate, Sales $478.198M Beat $440.79M Estimate"", ""Copart, Inc. (CPRT) Management on Q3 2018 Results - Earnings Call Transcript"", ""More on Copart Q3 results"", ""Oil Drags On Opening Trade; Dow Lags, Celgene Surges"", ""Auto Stock Roundup: AZO, AAP, CPRT Earnings Beat, F Resumes F-150 Production"", ""Copart's (CPRT) Q3 Earnings & Revenues Surpass Estimates""]"
CPRT,2018-05-25,13.25,13.5938,13.2125,13.5625,"Copart Delivers Another Strong Quarter as Sales and Earnings Pop Online automotive auction company Copart (NASDAQ: CPRT) saw double-digit percentage growth in both sales and earnings as the company strengthened its business in the U.S. and expanded internationally in the third quarter. Quarterly results were reported this week. Copart results: The raw numbers Data source: Copart . What happened with Copart this quarter? Total revenue came in at $478.2 million, which was up by 27.9% compared to the year-ago quarter. Revenue from the company's vehicle sales segment increased by 62% year over year to $67.4 million. Growth from this segment came mainly from European markets. As usual, the company earned most of its top line from its services sales, which were $410.8 million, an increase of 23.6% year over year. Gross profit increased by 27% from the third quarter of last year year, to $219.1 million. The company's global units sales were up by 12% compared to the year-ago quarter. Copart's operating income was $174.6 million in the third quarter, an increase of more than 27% year over year. The company's operating expenses rose by 28% in the quarter, to $303.6 million. Copart's gross margin decreased slightly from 46.1% last year to 45.8%. It was driven down mainly by $7.4 million in Hurricane Harvey-related costs. What management had to say Copart's management said that average selling prices (ASPs) in the U.S. were up 17% year over year. In addition to getting higher prices for vehicles, the company was also able to increase sales volume in its domestic market. ""In the U.S., our tremendous growth in revenue is primarily driven by increased volume, which on a year-over-year basis was 12.7%. Excluding Harvey, it was 11.9%, and was driven once again by organic growth and wins within the insurance market, the continued growth in most of our noninsurance segments, and acquisitions,"" Copart's executive vice president of U.S. operations, William Franklin, said on the conference call with analysts. Management also emphasized the importance of the company's international expansion. Bidding for cars by international buyers is up 46% year over year, and the company believes it can continue to grow its international business, particularly in Europe. ""Our focus right now is Germany. If we're successful in Germany, we think that the rest of Europe will follow suit, just by virtue of the fact that many insurance companies are pan-European,"" Copart CFO Jeff Liaw said. Looking ahead Copart's management typically doesn't provide even a sliver of guidance for investors, and this quarter was no exception. Liaw did mention, however, that most of the company's capital expenditures will continue to be for acquiring and developing new land as it continues to grow. He added, ""We do expect that investment profile to remain elevated in the quarters and years to come."" 10 stocks we like better than Copart When investing geniuses David and Tom Gardner have a stock tip, it can pay to listen. After all, the newsletter they have run for over a decade, Motley Fool Stock Advisor , has quadrupled the market.* David and Tom just revealed what they believe are the 10 best stocks for investors to buy right now... and Copart wasn't one of them! That's right -- they think these 10 stocks are even better buys. Click here to learn about these picks! *Stock Advisor returns as of May 8, 2018 Chris Neiger has no position in any of the stocks mentioned. The Motley Fool recommends Copart. The Motley Fool has a disclosure policy . The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
CPRT,2018-05-29,13.54,13.8875,13.53,13.855,
CPRT,2018-05-30,13.8925,14.1225,13.8475,14.04,"Group 1 Automotive, Inc. (GPI) Ex-Dividend Date Scheduled for May 31, 2018 Group 1 Automotive, Inc. ( GPI ) will begin trading ex-dividend on May 31, 2018. A cash dividend payment of $0.26 per share is scheduled to be paid on June 15, 2018. Shareholders who purchased GPI prior to the ex-dividend date are eligible for the cash dividend payment. This represents an 8.33% increase over prior dividend payment. At the current stock price of $69.85, the dividend yield is 1.49%. The previous trading day's last sale of GPI was $69.85, representing a -17.31% decrease from the 52 week high of $84.47 and a 35.32% increase over the 52 week low of $51.62. GPI is a part of the Consumer Durables sector, which includes companies such as Genuine Parts Company ( GPC ) and Copart, Inc. ( CPRT ). GPI's current earnings per share, an indicator of a company's profitability, is $10.24. Zacks Investment Research reports GPI's forecasted earnings growth in 2018 as 10.53%, compared to an industry average of 22.8%. For more information on the declaration, record and payment dates, visit the GPI Dividend History page. Our Dividend Calendar has the full list of stocks that have an ex-dividend today. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
CPRT,2018-05-31,14.0775,14.1375,13.6575,13.7075,"[""Monro, Inc. (MNRO) Ex-Dividend Date Scheduled for June 01, 2018 Monro, Inc. ( MNRO ) will begin trading ex-dividend on June 01, 2018. A cash dividend payment of $0.2 per share is scheduled to be paid on June 14, 2018. Shareholders who purchased MNRO prior to the ex-dividend date are eligible for the cash dividend payment. This represents an 11.11% increase over prior dividend payment. At the current stock price of $56.7, the dividend yield is 1.41%. The previous trading day's last sale of MNRO was $56.7, representing a -11.61% decrease from the 52 week high of $64.15 and a 43% increase over the 52 week low of $39.65. MNRO is a part of the Consumer Services sector, which includes companies such as Genuine Parts Company ( GPC ) and Copart, Inc. ( CPRT ). MNRO's current earnings per share, an indicator of a company's profitability, is $1.69. For more information on the declaration, record and payment dates, visit the MNRO Dividend History page. Our Dividend Calendar has the full list of stocks that have an ex-dividend today. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""After Hours Most Active for May 31, 2018 : ON, MSFT, CPRT, VZ, INTC, FB, GE, CMCSA, PG, WFC, SFUN, PFE The NASDAQ 100 After Hours Indicator is up 2.2 to 6,969.93. The total After hours volume is currently 120,194,781 shares traded. The following are the most active stocks for the after hours session : ON Semiconductor Corporation ( ON ) is unchanged at $25.13, with 6,826,645 shares traded. As reported by Zacks, the current mean recommendation for ON is in the \""buy range\"". Microsoft Corporation ( MSFT ) is -0.33 at $98.51, with 4,676,133 shares traded. As reported by Zacks, the current mean recommendation for MSFT is in the \""buy range\"". Copart, Inc. ( CPRT ) is unchanged at $54.83, with 3,878,237 shares traded. Over the last four weeks they have had 5 up revisions for the earnings forecast, for the fiscal quarter ending Jul 2018. The consensus EPS forecast is $0.47. CPRT's current last sale is 100.61% of the target price of $54.5. Verizon Communications Inc. ( VZ ) is +0.03 at $47.70, with 3,861,507 shares traded. VZ's current last sale is 85.18% of the target price of $56. Intel Corporation ( INTC ) is +0.05 at $55.25, with 3,712,880 shares traded. As reported by Zacks, the current mean recommendation for INTC is in the \""buy range\"". Facebook, Inc. ( FB ) is +0.38 at $192.16, with 3,418,202 shares traded. As reported by Zacks, the current mean recommendation for FB is in the \""buy range\"". General Electric Company ( GE ) is unchanged at $14.08, with 3,175,192 shares traded. GE's current last sale is 88% of the target price of $16. Comcast Corporation ( CMCSA ) is unchanged at $31.18, with 2,944,125 shares traded. As reported by Zacks, the current mean recommendation for CMCSA is in the \""buy range\"". Procter & Gamble Company (The) ( PG ) is unchanged at $73.17, with 2,756,834 shares traded. PG's current last sale is 91.46% of the target price of $80. Wells Fargo & Company ( WFC ) is unchanged at $53.99, with 2,597,291 shares traded. WFC's current last sale is 86.38% of the target price of $62.5. Fang Holdings Limited ( SFUN ) is unchanged at $5.07, with 2,569,685 shares traded. SFUN's current last sale is 87.41% of the target price of $5.8. Pfizer, Inc. ( PFE ) is unchanged at $35.93, with 2,390,419 shares traded. As reported by Zacks, the current mean recommendation for PFE is in the \""buy range\"". The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.""]"
CPRT,2018-06-01,13.795,14.0175,13.725,13.8925,
CPRT,2018-06-04,13.9075,14.0375,13.8675,14.0275,"[""STMicroelectronics Is Inexpensive - Cramer's Lightning Round (6/1/18)"", ""Is Amplify Online Retail ETF (IBUY) a Hot ETF Right Now?"", ""Is Amplify Online Retail ETF (IBUY) a Hot ETF Right Now?"", ""STMicroelectronics Is Inexpensive - Cramer's Lightning Round (6/1/18)"", ""Is Amplify Online Retail ETF (IBUY) a Hot ETF Right Now? A smart beta exchange traded fund, the Amplify Online Retail ETF (IBUY) debuted on 04/20/2016, and offers broad exposure to the Consumer Discretionary ETFs category of the U.S. equity market. What Are Smart Beta ETFs? Products that are based on market cap weighted indexes, which are strategies designed to reflect a specific market segment or the market as a whole, have traditionally dominated the ETF industry. Because market cap weighted indexes provide a low-cost, convenient, and transparent way of replicating market returns, they work well for investors who believe in market efficiency. But, there are some investors who would rather invest in smart beta funds; these funds track non-cap weighted strategies, and are a strong option for those who prefer choosing great stocks in order to beat the market. Non-cap weighted indexes try to choose stocks that have a better chance of risk-return performance, which is based on specific fundamental characteristics, or a mix of other such characteristics. The smart beta space gives investors many different choices, from equal-weighting, one of the simplest strategies, to more complicated ones like fundamental and volatility/momentum based weighting. However, not all of these methodologies have been able to deliver remarkable returns. Fund Sponsor & Index Because the fund has amassed over $319.21 M, this makes it one of the larger ETFs in the Consumer Discretionary ETFs. IBUY is managed by Amplify Etfs. IBUY, before fees and expenses, seeks to match the performance of the EQM Online Retail Index. The EQM Online Retail Index utilizes a rules based methodology to select a globally diverse group of companies with 70% or more of revenue from online and virtual sales. Cost & Other Expenses Since cheaper funds tend to produce better results than more expensive funds, assuming all other factors remain equal, it is important for investors to pay attention to an ETF's expense ratio. Annual operating expenses for IBUY are 0.65%, which makes it on par with most peer products in the space. The fund has a 12-month trailing dividend yield of 0%. Sector Exposure and Top Holdings It is important to delve into an ETF's holdings before investing despite the many upsides to these kinds of funds like diversified exposure, which minimizes single stock risk. And, most ETFs are very transparent products that disclose their holdings on a daily basis. Taking into account individual holdings, Tripadvisor Inc accounts for about 4.24% of the fund's total assets, followed by Iac Interactivecorp (IAC) and Copart Inc (CPRT). IBUY's top 10 holdings account for about 36.11% of its total assets under management. Performance and Risk The fund's year-to-date return has gained about 15.68%, and is up about 42.06% in the last one year (as of 06/01/2018). IBUY has traded between $33.55 and $47.70 in the past 52-week period. The fund has a beta of 0.70 and standard deviation of 16.30% for the trailing three-year period. With about 40 holdings, it has more concentrated exposure than peers. Bottom Line To learn more about this product and other ETFs, screen for products that match your investment objectives and read articles on latest developments in the ETF investing universe, please visit Zacks ETF Center . Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report AMPL-ONLN RETL (IBUY): ETF Research Reports IAC/InterActiveCorp (IAC): Free Stock Analysis Report Copart, Inc. (CPRT): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Is Amplify Online Retail ETF (IBUY) a Hot ETF Right Now?"", ""STMicroelectronics Is Inexpensive - Cramer's Lightning Round (6/1/18)""]"
CPRT,2018-06-05,13.9875,14.3325,13.9875,14.3225,
CPRT,2018-06-06,14.285,14.3525,14.1581,14.2875,"[""IJH, TFX, STLD, CPRT: ETF Outflow Alert Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel , one standout is the iShares Core S&P Mid-Cap ETF (Symbol: IJH) where we have detected an approximate $69.1 million dollar outflow -- that's a 0.1% decrease week over week (from 241,250,000 to 240,900,000). Among the largest underlying components of IJH, in trading today Teleflex Incorporated (Symbol: TFX) is up about 0.4%, Steel Dynamics Inc. (Symbol: STLD) is off about 0.3%, and Copart Inc (Symbol: CPRT) is lower by about 0.8%. For a complete list of holdings, visit the IJH Holdings page \u00bb The chart below shows the one year price performance of IJH, versus its 200 day moving average: Looking at the chart above, IJH's low point in its 52 week range is $168.25 per share, with $199.91 as the 52 week high point - that compares with a last trade of $197.57. Comparing the most recent share price to the 200 day moving average can also be a useful technical analysis technique -- learn more about the 200 day moving average \u00bb . Exchange traded funds (ETFs) trade just like stocks, but instead of ''shares'' investors are actually buying and selling ''units''. These ''units'' can be traded back and forth just like stocks, but can also be created or destroyed to accommodate investor demand. Each week we monitor the week-over-week change in shares outstanding data, to keep a lookout for those ETFs experiencing notable inflows (many new units created) or outflows (many old units destroyed). Creation of new units will mean the underlying holdings of the ETF need to be purchased, while destruction of units involves selling underlying holdings, so large flows can also impact the individual components held within ETFs. Click here to find out which 9 other ETFs experienced notable outflows \u00bb The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Genuine Parts Company (GPC) Ex-Dividend Date Scheduled for June 07, 2018 Genuine Parts Company ( GPC ) will begin trading ex-dividend on June 07, 2018. A cash dividend payment of $0.72 per share is scheduled to be paid on July 02, 2018. Shareholders who purchased GPC prior to the ex-dividend date are eligible for the cash dividend payment. This represents an 6.67% increase over prior dividend payment. At the current stock price of $93.3, the dividend yield is 3.09%. The previous trading day's last sale of GPC was $93.3, representing a -13.41% decrease from the 52 week high of $107.75 and a 16.83% increase over the 52 week low of $79.86. GPC is a part of the Capital Goods sector, which includes companies such as Copart, Inc. ( CPRT ) and CarMax Inc ( KMX ). GPC's current earnings per share, an indicator of a company's profitability, is $4.3. Zacks Investment Research reports GPC's forecasted earnings growth in 2018 as 21.61%, compared to an industry average of 15.4%. For more information on the declaration, record and payment dates, visit the GPC Dividend History page. Our Dividend Calendar has the full list of stocks that have an ex-dividend today. Interested in gaining exposure to GPC through an Exchange Traded Fund [ETF]? The following ETF(s) have GPC as a top-10 holding: Invesco High Yield Equity Dividend Achievers ETF ( PEY ) Invesco S&P Global Dividend Opportunities Index ETF ( LVL ) SPDR Russell 1000 Yield Focus ETF ( ONEY ) SPDR Russell 1000 Low Volatility Focus ETF ( ONEV ) Invesco Dividend Achievers ETF ( PFM ). The top-performing ETF of this group is ONEY with an increase of 0.83% over the last 100 days. PEY has the highest percent weighting of GPC at 1.44%. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.""]"
CPRT,2018-06-07,14.355,14.355,14.1075,14.2675,
CPRT,2018-06-08,14.245,14.4325,14.2275,14.4075,
CPRT,2018-06-11,14.4575,14.5,14.3225,14.3925,
CPRT,2018-06-12,14.395,14.45,14.335,14.4025,
CPRT,2018-06-13,14.45,14.56,14.3925,14.425,"[""Copart (CPRT) Adds Disaster Recovery Location at Lumberton"", ""Copart Inc (CPRT) CEO A Jayson Adair Sold $\u2013\u2013.5 million of Shares"", ""Copart Inc (CPRT) CEO A Jayson Adair Sold $\u2013\u2013.5 million of Shares"", ""Copart (CPRT) Adds Disaster Recovery Location at Lumberton"", ""Sonic Automotive, Inc. (SAH) Ex-Dividend Date Scheduled for June 14, 2018 Sonic Automotive, Inc. ( SAH ) will begin trading ex-dividend on June 14, 2018. A cash dividend payment of $0.06 per share is scheduled to be paid on July 13, 2018. Shareholders who purchased SAH prior to the ex-dividend date are eligible for the cash dividend payment. This represents an 20% increase over prior dividend payment. At the current stock price of $22.6, the dividend yield is 1.06%. The previous trading day's last sale of SAH was $22.6, representing a -1.53% decrease from the 52 week high of $22.95 and a 41.69% increase over the 52 week low of $15.95. SAH is a part of the Consumer Durables sector, which includes companies such as Genuine Parts Company ( GPC ) and Copart, Inc. ( CPRT ). SAH's current earnings per share, an indicator of a company's profitability, is $2.08. Zacks Investment Research reports SAH's forecasted earnings growth in 2018 as 21.41%, compared to an industry average of 22.1%. For more information on the declaration, record and payment dates, visit the SAH Dividend History page. Our Dividend Calendar has the full list of stocks that have an ex-dividend today. Interested in gaining exposure to SAH through an Exchange Traded Fund [ETF]? The following ETF(s) have SAH as a top-10 holding: Invesco S&P Smallcap 600 Pure Value ETF ( RZV ). The top-performing ETF of this group is RZV with an increase of 7.13% over the last 100 days. It also has the highest percent weighting of SAH at 1.02%. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. Sponsored Links This Is The Highest Rated Hearing Aid In The US hear.com The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Copart Inc (CPRT) CEO A Jayson Adair Sold $\u2013\u2013.5 million of Shares"", ""Copart (CPRT) Adds Disaster Recovery Location at Lumberton""]"
CPRT,2018-06-14,14.43,14.5475,14.3312,14.52,"[""Noteworthy ETF Inflows: IJK, CPRT, ODFL, NVR Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel , one standout is the iShares S&P Mid-Cap 400 Growth ETF (Symbol: IJK) where we have detected an approximate $92.4 million dollar inflow -- that's a 1.1% increase week over week in outstanding units (from 36,150,000 to 36,550,000). Among the largest underlying components of IJK, in trading today Copart Inc (Symbol: CPRT) is up about 0.1%, Old Dominion Freight Line, Inc. (Symbol: ODFL) is off about 1.3%, and NVR Inc. (Symbol: NVR) is higher by about 0.2%. For a complete list of holdings, visit the IJK Holdings page \u00bb The chart below shows the one year price performance of IJK, versus its 200 day moving average: Looking at the chart above, IJK's low point in its 52 week range is $190.88 per share, with $233.09 as the 52 week high point - that compares with a last trade of $231.65. Comparing the most recent share price to the 200 day moving average can also be a useful technical analysis technique -- learn more about the 200 day moving average \u00bb . Exchange traded funds (ETFs) trade just like stocks, but instead of ''shares'' investors are actually buying and selling ''units''. These ''units'' can be traded back and forth just like stocks, but can also be created or destroyed to accommodate investor demand. Each week we monitor the week-over-week change in shares outstanding data, to keep a lookout for those ETFs experiencing notable inflows (many new units created) or outflows (many old units destroyed). Creation of new units will mean the underlying holdings of the ETF need to be purchased, while destruction of units involves selling underlying holdings, so large flows can also impact the individual components held within ETFs. Click here to find out which 9 other ETFs had notable inflows \u00bb The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""These 6 stocks help you build an anti-FAANG portfolio that will beat the \u2018Amazon effect\u2019 Ave Maria fund manager Brian Milligan says some retailers won\u2019t be replaced by Amazon and other FAANG companies Ave Maria fund manager Brian Milligan says some retailers won\u2019t be replaced by Amazon and other FAANG companies.""]"
CPRT,2018-06-15,14.495,14.58,14.3325,14.555,"Unloved Copart, Inc. Has Returned 30%-Plus YTD InvestorPlace - Stock Market News, Stock Advice & Trading Tips Copart, Inc. (NASDAQ: CPRT ) specializes in online auto auctions for used vehicles as well as parts to resellers, dismantlers, rebuilders, etc. It's like the eBay Inc (NASDAQ: EBAY ) of used vehicles of all sorts. And it's up 34% year to date and 84% in the past 12 months. Benefits of Change for CPRT Stock The used car industry is far more complex than most people realize, and it has only gotten more complex since the advent of the internet. In the old days, you would trade in your used car and it would get an inspection from the dealer and would likely end up on one of his lots somewhere. Then regional and local auctions started to become more common. Cars and other vehicles would get sent to major auctions where dealers could sell used cars that weren't moving in their particular markets and get models that were in more demand. Also, these were places where vehicles would show up from natural disasters like last year's hurricanes. Insurance companies wrote off the vehicles and the owners either walked away from them, donated them or junked them. We're talking thousands of vehicles. The Top 20 Stocks of 2018 Places like CPRT end up with these vehicles. It also receives repossessed vehicles and impound vehicles. Now add to this the effort by the Barack Obama administration to get older, less fuel efficient and higher polluting cars off the street by offering incentives to trade them in. There was a huge response to this program. But the unintended consequence was it made used cars harder to come by since the older models couldn't be resold in the U.S. But that also started a new market overseas. Smart business people decided to sell all these vehicles to resellers in emerging markets, where new cars are very expensive and difficult to come by. So, from its humble roots in California, CPRT is now a global used vehicle seller to all manner of customers. It has 200 locations in 11 countries and has 125,000 vehicles up for auction every day. Again, in the U.S. the used car market lacked inventory for quite a while, which meant used car prices were high, and low interest rates meant car salesmen we're finding it very easy to sell new cars with longer financing to prospective buyers. But now, interest rates are on the rise, which will squeeze of the new sales. Plus, used vehicle inventory is on the rise, so prices are coming down. All this is reflected in the outsized growth CPRT has displayed in the past year. And as its reputation grows, so will its inventory and its reputation both here and abroad. The final important aspect to remember is that these trends are long term. The don't shift from quarter to quarter. Rates in the U.S. will continue to rise, and a cheaper dollar means these cars will see increasing demand abroad. Domestically, local and online resellers benefit from a growing inventory and better margins. CPRT revenue was up 28% in the past quarter and income was up 40%. Louis Navellier is a renowned growth investor. He is the editor of four investing newsletters: Growth Investor , Breakthrough Stocks , Accelerated Profits and Platinum Growth . His most popular service, Growth Investor, has a track record of beating the market 3:1 over the last 14 years. He uses a combination of quantitative and fundamental analysis to identify market-beating stocks. Mr. Navellier has made his proven formula accessible to investors via his free, online stock rating tool, PortfolioGrader.com . Louis Navellier may hold some of the aforementioned securities in one or more of his newsletters. More From InvestorPlace 6 Cheap Stocks to Buy Under $6 7 Stocks That Could Take a Trade-War Hit 5 AI Biotech Stocks to Bet On Now 3 Cheap Stocks Under $3 to Consider Now Compare Brokers The post Unloved Copart, Inc. Has Returned 30%-Plus YTD appeared first on InvestorPlace . The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
CPRT,2018-06-18,14.48,14.74,14.4425,14.705,
CPRT,2018-06-19,14.5675,14.885,14.5475,14.8575,"KAR Auction Services, Inc (KAR) Ex-Dividend Date Scheduled for June 20, 2018 KAR Auction Services, Inc ( KAR ) will begin trading ex-dividend on June 20, 2018. A cash dividend payment of $0.35 per share is scheduled to be paid on July 05, 2018. Shareholders who purchased KAR prior to the ex-dividend date are eligible for the cash dividend payment. This marks the 3rd quarter that KAR has paid the same dividend. At the current stock price of $55.07, the dividend yield is 2.54%. The previous trading day's last sale of KAR was $55.07, representing a -2.96% decrease from the 52 week high of $56.75 and a 36.75% increase over the 52 week low of $40.27. KAR is a part of the Consumer Durables sector, which includes companies such as Genuine Parts Company ( GPC ) and Copart, Inc. ( CPRT ). KAR's current earnings per share, an indicator of a company's profitability, is $2.8. Zacks Investment Research reports KAR's forecasted earnings growth in 2018 as 19.73%, compared to an industry average of 12.9%. For more information on the declaration, record and payment dates, visit the KAR Dividend History page. Our Dividend Calendar has the full list of stocks that have an ex-dividend today. Interested in gaining exposure to KAR through an Exchange Traded Fund [ETF]? The following ETF(s) have KAR as a top-10 holding: iShares Core High Dividend ETF ( HDV ). The top-performing ETF of this group is HDV with an decrease of -8.13% over the last 100 days. It also has the highest percent weighting of KAR at 0.13%. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
CPRT,2018-06-20,14.91,15.1,14.7625,15.05,"First Week of February 2019 Options Trading For Copart (CPRT) Investors in Copart Inc (Symbol: CPRT) saw new options become available this week, for the February 2019 expiration. One of the key inputs that goes into the price an option buyer is willing to pay, is the time value, so with 240 days until expiration the newly available contracts represent a potential opportunity for sellers of puts or calls to achieve a higher premium than would be available for the contracts with a closer expiration. At Stock Options Channel , our YieldBoost formula has looked up and down the CPRT options chain for the new February 2019 contracts and identified one put and one call contract of particular interest. The put contract at the $50.00 strike price has a current bid of $1.15. If an investor was to sell-to-open that put contract, they are committing to purchase the stock at $50.00, but will also collect the premium, putting the cost basis of the shares at $48.85 (before broker commissions). To an investor already interested in purchasing shares of CPRT, that could represent an attractive alternative to paying $59.35/share today. Because the $50.00 strike represents an approximate 16% discount to the current trading price of the stock (in other words it is out-of-the-money by that percentage), there is also the possibility that the put contract would expire worthless. The current analytical data (including greeks and implied greeks) suggest the current odds of that happening are 87%. Stock Options Channel will track those odds over time to see how they change, publishing a chart of those numbers on our website under the contract detail page for this contract . Should the contract expire worthless, the premium would represent a 2.30% return on the cash commitment, or 3.50% annualized - at Stock Options Channel we call this the YieldBoost . Below is a chart showing the trailing twelve month trading history for Copart Inc, and highlighting in green where the $50.00 strike is located relative to that history: Turning to the calls side of the option chain, the call contract at the $60.00 strike price has a current bid of $4.60. If an investor was to purchase shares of CPRT stock at the current price level of $59.35/share, and then sell-to-open that call contract as a ""covered call,"" they are committing to sell the stock at $60.00. Considering the call seller will also collect the premium, that would drive a total return (excluding dividends, if any) of 8.85% if the stock gets called away at the February 2019 expiration (before broker commissions). Of course, a lot of upside could potentially be left on the table if CPRT shares really soar, which is why looking at the trailing twelve month trading history for Copart Inc, as well as studying the business fundamentals becomes important. Below is a chart showing CPRT's trailing twelve month trading history, with the $60.00 strike highlighted in red: Considering the fact that the $60.00 strike represents an approximate 1% premium to the current trading price of the stock (in other words it is out-of-the-money by that percentage), there is also the possibility that the covered call contract would expire worthless, in which case the investor would keep both their shares of stock and the premium collected. The current analytical data (including greeks and implied greeks) suggest the current odds of that happening are 45%. On our website under the contract detail page for this contract , Stock Options Channel will track those odds over time to see how they change and publish a chart of those numbers (the trading history of the option contract will also be charted). Should the covered call contract expire worthless, the premium would represent a 7.75% boost of extra return to the investor, or 11.79% annualized, which we refer to as the YieldBoost . The implied volatility in the put contract example is 28%, while the implied volatility in the call contract example is 25%. Meanwhile, we calculate the actual trailing twelve month volatility (considering the last 252 trading day closing values as well as today's price of $59.35) to be 22%. For more put and call options contract ideas worth looking at, visit StockOptionsChannel.com. Top YieldBoost Calls of the S&P 500 » The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
CPRT,2018-06-21,15.0475,15.1075,14.81,14.8925,
CPRT,2018-06-22,15.0575,15.0738,14.9344,14.9775,"[""Why Is Copart (CPRT) Up 13.7% Since Its Last Earnings Report?"", ""Why Is Copart (CPRT) Up 13.7% Since Its Last Earnings Report?"", ""Why Is Copart (CPRT) Up 13.7% Since Its Last Earnings Report? A month has gone by since the last earnings report for Copart, Inc.CPRT . Shares have added about 13.7% in that time frame. Will the recent positive trend continue leading up to its next earnings release, or is CPRT due for a pullback? Before we dive into how investors and analysts have reacted as of late, let's take a quick look at its most recent earnings report in order to get a better handle on the important drivers. Copart's Q3 Earnings & Revenues Surpass Estimates Copart reported adjusted earnings per share of 52 cents in third-quarter fiscal 2018 (ended Apr 30, 2018), beating the Zacks Consensus Estimate of 48 cents. The bottom line improved 36.8% from 38 cents recorded in the year-ago quarter. Net income was $127.3 million, reflecting a surge of 40.6% or $36.8 million from third-quarter fiscal 2017. Copart's revenues rose 27.9% to $478.2 million from the year-ago quarter and surpassed the Zacks Consensus Estimate of $435 million. Service revenues went up 24% year over year to $410.8 million while revenues from vehicle sales gained 62% to $67.4 million in comparison with the prior-year quarter. Gross profit improved 27% to $219.1 million from $173 million a year ago. Total operating expenses increased to $303.6 million from $237 million recorded in the prior-year period. Operating income increased to $174.6 million from $136.8 million a year ago. Financial Details Copart had cash and cash equivalents of $204.3 million as of Apr 30, 2018, compared with $210 million as of Jul 31, 2017. Long-term debt, revolving loan facility and capital lease obligations were $399 million as of Apr 30, 2018, which recorded a decline from $550.8 million as of Jul 31, 2017. In third-quarter fiscal 2018, Copart generated net cash flow of $377.2 million from operations compared with $ 347.8 million a year ago. How Have Estimates Been Moving Since Then? In the past month, investors have witnessed an upward trend in fresh estimates. There have been five revisions higher for the current quarter compared with one lower. Copart, Inc. Price and Consensus Copart, Inc. Price and Consensus | Copart, Inc. Quote VGM Scores At this time, CPRT has a great Growth Score of A, though it is lagging a lot on the momentum front with a C. The stock was allocated a grade of D on the value side, putting it in the bottom 40% for this investment strategy. Overall, the stock has an aggregate VGM Score of B. If you aren't focused on one strategy, this score is the one you should be interested in. Our style scores indicate that the stock is more suitable for growth investors than momentum investors. Outlook Estimates have been broadly trending upward for the stock and the magnitude of these revisions looks promising. Interestingly, CPRT has a Zacks Rank #3 (Hold). We expect an in-line return from the stock in the next few months. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Copart, Inc. (CPRT): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Why Is Copart (CPRT) Up 13.7% Since Its Last Earnings Report?""]"
CPRT,2018-06-25,15.0,15.0025,14.4475,14.575,"[""EXEL +5.4% on move to MidCap 400; CPRT to S&P 500"", ""S&P Dow Jones Indices Announces 'Copart Set to Join S&P 500; Exelixis to Join S&P MidCap 400'"", ""UPDATE: Copart To Replace Dr Pepper Snapple Group In S&P 500"", ""UPDATE: Copart To Replace Dr Pepper Snapple Group In S&P 500"", ""S&P Dow Jones Indices Announces 'Copart Set to Join S&P 500; Exelixis to Join S&P MidCap 400'"", ""EXEL +5.4% on move to MidCap 400; CPRT to S&P 500"", ""UPDATE: Copart To Replace Dr Pepper Snapple Group In S&P 500"", ""S&P Dow Jones Indices Announces 'Copart Set to Join S&P 500; Exelixis to Join S&P MidCap 400'"", ""EXEL +5.4% on move to MidCap 400; CPRT to S&P 500""]"
CPRT,2018-06-26,14.3625,14.4375,13.945,14.07,"[""Benzinga's Daily Biotech Pulse: Epidiolex, Roche's Influenza Drug Gets Priority Review Status, Xeris Jumps On Positive Trial Results"", ""Benzinga's Daily Biotech Pulse: Epidiolex, Roche's Influenza Drug Gets Priority Review Status, Xeris Jumps On Positive Trial Results"", ""Benzinga's Daily Biotech Pulse: Epidiolex, Roche's Influenza Drug Gets Priority Review Status, Xeris Jumps On Positive Trial Results""]"
CPRT,2018-06-27,14.14,14.14,13.7825,13.7925,
CPRT,2018-06-28,13.81,14.02,13.6575,14.0025,
CPRT,2018-06-29,14.02,14.26,13.945,14.14,"After Hours Most Active for Jun 29, 2018 : CPRT, EXEL, DPS, CMCSA, TWTR, UPL, GE, QQQ, SYMC, EXC, BAC, GM The NASDAQ 100 After Hours Indicator is up 5.4 to 7,046.2. The total After hours volume is currently 116,994,098 shares traded. The following are the most active stocks for the after hours session : Copart, Inc. ( CPRT ) is +0.0028 at $56.56, with 22,655,110 shares traded. CPRT's current last sale is 103.78% of the target price of $54.5. Exelixis, Inc. ( EXEL ) is -0.0011 at $21.52, with 11,443,562 shares traded. As reported by Zacks, the current mean recommendation for EXEL is in the ""buy range"". Dr Pepper Snapple Group, Inc ( DPS ) is unchanged at $122.00, with 10,185,352 shares traded. DPS's current last sale is 99.59% of the target price of $122.5. Comcast Corporation ( CMCSA ) is +0.0699 at $32.88, with 5,492,657 shares traded. As reported by Zacks, the current mean recommendation for CMCSA is in the ""buy range"". Twitter, Inc. ( TWTR ) is +0.12 at $43.79, with 3,677,668 shares traded. TWTR's current last sale is 139.02% of the target price of $31.5. Ultra Petroleum Corp. ( UPL ) is -0.0114 at $2.30, with 3,027,284 shares traded. As reported in the last short interest update the days to cover for UPL is 7.01236; this calculation is based on the average trading volume of the stock. General Electric Company ( GE ) is +0.0501 at $13.66, with 2,956,688 shares traded. GE's current last sale is 85.38% of the target price of $16. Invesco QQQ Trust, Series 1 ( QQQ ) is +0.04 at $171.69, with 2,403,813 shares traded. This represents a 26.43% increase from its 52 Week Low. Symantec Corporation ( SYMC ) is unchanged at $20.65, with 2,351,191 shares traded. SYMC's current last sale is 91.78% of the target price of $22.5. Exelon Corporation ( EXC ) is unchanged at $42.60, with 2,243,488 shares traded. As reported by Zacks, the current mean recommendation for EXC is in the ""buy range"". Bank of America Corporation ( BAC ) is +0.05 at $28.24, with 2,202,300 shares traded. As reported by Zacks, the current mean recommendation for BAC is in the ""buy range"". General Motors Company ( GM ) is +0.05 at $39.45, with 1,806,660 shares traded. As reported by Zacks, the current mean recommendation for GM is in the ""buy range"". The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
CPRT,2018-07-02,14.1425,14.22,13.925,14.21,
CPRT,2018-07-03,14.3625,14.45,14.21,14.335,"[""Stock Futures Strengthen Ahead Of Short Session; NetEase Upgraded"", ""Stock Futures Strengthen Ahead Of Short Session; NetEase Upgraded"", ""Stock Futures Strengthen Ahead Of Short Session; NetEase Upgraded""]"
CPRT,2018-07-05,14.3475,14.4468,14.035,14.29,
CPRT,2018-07-06,14.325,14.5638,14.2575,14.5025,
CPRT,2018-07-09,14.5275,14.705,14.5225,14.6875,
CPRT,2018-07-10,14.755,14.875,14.5925,14.6775,
CPRT,2018-07-11,14.285,14.6525,14.2328,14.58,
CPRT,2018-07-12,14.6875,14.7875,14.6262,14.72,
CPRT,2018-07-13,14.755,14.88,14.69,14.8275,
CPRT,2018-07-16,14.8275,14.915,14.58,14.6075,
CPRT,2018-07-17,14.5225,14.8225,14.4625,14.79,
CPRT,2018-07-18,14.79,14.8475,14.6225,14.83,
CPRT,2018-07-19,14.7625,14.865,14.745,14.7825,
CPRT,2018-07-20,14.7525,14.84,14.74,14.745,
CPRT,2018-07-23,14.75,14.7575,14.5175,14.565,
CPRT,2018-07-24,14.66,14.68,14.265,14.3425,
CPRT,2018-07-25,14.3475,14.6,14.1938,14.5825,
CPRT,2018-07-26,14.4925,14.6775,14.4325,14.53,
CPRT,2018-07-27,14.5575,14.6125,14.17,14.235,
CPRT,2018-07-30,14.215,14.2288,13.965,14.0525,"The Goodyear Tire & Rubber Company (GT) Ex-Dividend Date Scheduled for July 31, 2018 The Goodyear Tire & Rubber Company ( GT ) will begin trading ex-dividend on July 31, 2018. A cash dividend payment of $0.14 per share is scheduled to be paid on September 04, 2018. Shareholders who purchased GT prior to the ex-dividend date are eligible for the cash dividend payment. This marks the 4th quarter that GT has paid the same dividend. At the current stock price of $22.86, the dividend yield is 2.45%. The previous trading day's last sale of GT was $22.86, representing a -36.62% decrease from the 52 week high of $36.07 and a 10.15% increase over the 52 week low of $20.75. GT is a part of the Consumer Durables sector, which includes companies such as Genuine Parts Company ( GPC ) and Copart, Inc. ( CPRT ). GT's current earnings per share, an indicator of a company's profitability, is $1.07. Zacks Investment Research reports GT's forecasted earnings growth in 2018 as 8.57%, compared to an industry average of -2.9%. For more information on the declaration, record and payment dates, visit the GT Dividend History page. Our Dividend Calendar has the full list of stocks that have an ex-dividend today. Interested in gaining exposure to GT through an Exchange Traded Fund [ETF]? The following ETF(s) have GT as a top-10 holding: Invesco S&P 500 Pure Value ETF ( RPV ). The top-performing ETF of this group is RPV with an increase of 0.1% over the last 100 days. It also has the highest percent weighting of GT at 1.07%. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
CPRT,2018-07-31,14.1,14.4025,14.0775,14.3475,
CPRT,2018-08-01,13.99,14.45,13.97,14.3925,"[""July ChartBook - Trend Indicators And Relative Performance And Top Momentum ETFs And Stocks"", ""July ChartBook - Trend Indicators And Relative Performance And Top Momentum ETFs And Stocks"", ""July ChartBook - Trend Indicators And Relative Performance And Top Momentum ETFs And Stocks""]"
CPRT,2018-08-02,14.4025,14.4875,14.335,14.45,
CPRT,2018-08-03,14.4275,14.4575,14.18,14.3575,
CPRT,2018-08-06,14.3925,14.645,14.34,14.6275,"[""IBD 50 Stocks To Watch: Fast-Growing Copart Sits Near Highs, Carves Bullish Base"", ""IBD 50 Stocks To Watch: Fast-Growing Copart Sits Near Highs, Carves Bullish Base"", ""IBD 50 Stocks To Watch: Fast-Growing Copart Sits Near Highs, Carves Bullish Base""]"
CPRT,2018-08-07,14.6275,14.8412,14.6175,14.79,
CPRT,2018-08-08,14.775,14.92,14.76,14.8425,
CPRT,2018-08-09,14.8525,15.08,14.8525,15.0,
CPRT,2018-08-10,14.925,15.18,14.9125,15.0575,"[""Why Today's Drop In Stock Indexes Has A Bullish Aspect"", ""Oppenheimer Funds Standout Wins With Diversified Portfolio"", ""Detailed Research: Economic Perspectives on Retail Properties of America, Dominion Energy, GNC, ..."", ""Why Today's Drop In Stock Indexes Has A Bullish Aspect"", ""Detailed Research: Economic Perspectives on Retail Properties of America, Dominion Energy, GNC, ..."", ""Oppenheimer Funds Standout Wins With Diversified Portfolio"", ""Why Today's Drop In Stock Indexes Has A Bullish Aspect"", ""Detailed Research: Economic Perspectives on Retail Properties of America, Dominion Energy, GNC, ..."", ""Oppenheimer Funds Standout Wins With Diversified Portfolio""]"
CPRT,2018-08-13,15.0875,15.155,14.815,14.825,
CPRT,2018-08-14,14.8525,14.96,14.775,14.8775,"[""Tracking Allan Mecham's Arlington Value Capital Portfolio - Q2 2018 Update"", ""Tracking Allan Mecham's Arlington Value Capital Portfolio - Q2 2018 Update"", ""Tracking Allan Mecham's Arlington Value Capital Portfolio - Q2 2018 Update""]"
CPRT,2018-08-15,14.8025,15.035,14.7,15.015,
CPRT,2018-08-16,15.0675,15.2325,15.0125,15.205,
CPRT,2018-08-17,15.2175,15.275,15.045,15.245,"[""Chuck Royce Comments on Copart"", ""Stocks Which Set New 52-Week High Yesterday, August 16th"", ""Stocks Which Set New 52-Week High Yesterday, August 16th"", ""Chuck Royce Comments on Copart"", ""Copart (CPRT) Expands West Warren Site in Massachusetts Copart, Inc.CPRT has reported the 22-acre expansion of its location at West Warren, MA. Per management, the increased capacity at Copart's West Warren location will aid the company in meeting customer requirements as well as address any future need of its clients. Earlier to this, in July 2017, the company announced the initial expansion of the West Warren site. Online auctions at the West Warren location are held every Wednesday at 10 a.m. CT. Buyers can participate in the inventory bidding through computers, tablets and smartphones. Moreover, during the business hours, bidding kiosks can be accessed at the hub. Copart, in June 2018, announced the addition of a facility at Lumberton, NC. This site functions as a disaster-response facility and stores vehicles that are damaged in natural calamities at the North Atlantic coastline. Copart, Inc. Price and Consensus Copart, Inc. Price and Consensus | Copart, Inc. Quote The company has been expanding its network of facilities to manage the rising volume. It is also widening its base in new markets. Apart from the United States, it has also been focusing on expanding in the Middle East, Europe, Brazil and India. Copart engages in online auctioning of vehicles. It sells vehicles on behalf of insurance companies, finance companies, banks, dealers and fleet operators. It operates in more than 200 locations in 11 countries. Price Performance In the past six months, Copart's stock has gained 30.9%, outperforming 20.8% increase recorded by the industry it belongs to. Zacks Rank & Key Picks Copart currently sports a Zacks Rank #3 (Hold). Some better-ranked stocks in the auto space are Honda Motor Co., Ltd. HMC , PACCAR Inc. PCAR and Allison Transmission Holdings, Inc. ALSN . Honda and PACCAR presently carry a Zacks Rank #2 (Buy) while Allison Transmission sports a Zacks Rank #1 (Strong Buy). You can see the complete list of today's Zacks #1 Rank stocks here . Honda has an expected long-term growth rate of 3%. Shares of the company have risen 8.2% in the past year. PACCAR has an expected long-term growth rate of 10.8%. Over a year, shares of the company have gained 4.3%. Allison Transmission has an expected long-term growth rate of 10%. Over a year, shares of the company have gained 34%. Will You Make a Fortune on the Shift to Electric Cars? Here's another stock idea to consider. Much like petroleum 150 years ago, lithium power may soon shake the world, creating millionaires and reshaping geo-politics. Soon electric vehicles (EVs) may be cheaper than gas guzzlers. Some are already reaching 265 miles on a single charge. With battery prices plummeting and charging stations set to multiply, one company stands out as the #1 stock to buy according to Zacks research. It's not the one you think. See This Ticker Free >> Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report PACCAR Inc. (PCAR): Free Stock Analysis Report Honda Motor Co., Ltd. (HMC): Free Stock Analysis Report Allison Transmission Holdings, Inc. (ALSN): Free Stock Analysis Report Copart, Inc. (CPRT): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Stocks Which Set New 52-Week High Yesterday, August 16th"", ""Chuck Royce Comments on Copart""]"
CPRT,2018-08-20,15.2875,15.555,15.2475,15.4175,
CPRT,2018-08-21,15.5025,15.69,15.4275,15.6175,"[""Stocks Which Set New 52-Week High Tues., Aug. 21, 2018"", ""Stocks Which Set New 52-Week High Tues., Aug. 21, 2018"", ""Stocks Which Set New 52-Week High Tues., Aug. 21, 2018""]"
CPRT,2018-08-22,15.595,15.8125,15.565,15.75,"[""Stocks Which Set New 52-Week High Yesterday, August 21st"", ""Stocks Which Set New 52-Week High Yesterday, August 21st"", ""Stocks Which Set New 52-Week High Yesterday, August 21st""]"
CPRT,2018-08-23,15.735,15.8225,15.6925,15.7475,"[""Bulletproof Investing Performance Update: Week 39"", ""Markets At All-Time Highs: Time To Sell Stocks?"", ""Markets At All-Time Highs: Time To Sell Stocks?"", ""Bulletproof Investing Performance Update: Week 39"", ""Monro, Inc. (MNRO) Ex-Dividend Date Scheduled for August 24, 2018 Monro, Inc. ( MNRO ) will begin trading ex-dividend on August 24, 2018. A cash dividend payment of $0.2 per share is scheduled to be paid on September 06, 2018. Shareholders who purchased MNRO prior to the ex-dividend date are eligible for the cash dividend payment. This represents an 11.11% increase over prior dividend payment. At the current stock price of $70.5, the dividend yield is 1.13%. The previous trading day's last sale of MNRO was $70.5, representing a -1.88% decrease from the 52 week high of $71.85 and a 56.49% increase over the 52 week low of $45.05. MNRO is a part of the Consumer Services sector, which includes companies such as Copart, Inc. ( CPRT ) and Genuine Parts Company ( GPC ). MNRO's current earnings per share, an indicator of a company's profitability, is $2.01. Zacks Investment Research reports MNRO's forecasted earnings growth in 2019 as 13.14%, compared to an industry average of 12.5%. For more information on the declaration, record and payment dates, visit the MNRO Dividend History page. Our Dividend Calendar has the full list of stocks that have an ex-dividend today. Interested in gaining exposure to MNRO through an Exchange Traded Fund [ETF]? The following ETF(s) have MNRO as a top-10 holding: Invesco S&P SmallCap 600 Equal Weight ETF ( EWSC ). The top-performing ETF of this group is EWSC with an increase of 19.76% over the last 100 days. It also has the highest percent weighting of MNRO at 0.19%. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Markets At All-Time Highs: Time To Sell Stocks?"", ""Bulletproof Investing Performance Update: Week 39""]"
CPRT,2018-08-24,15.7875,15.875,15.605,15.6825,"[""Stocks Which Set New 52-Week High Yesterday, August 23rd"", ""Stocks Which Set New 52-Week High Yesterday, August 23rd"", ""Stocks Which Set New 52-Week High Yesterday, August 23rd""]"
CPRT,2018-08-27,15.7625,16.03,15.715,15.9475,"[""Stocks Which Set New 52-Week High Friday, August 24th"", ""Stocks Which Set New 52-Week High Friday, August 24th"", ""Copart (CPRT) Reports Adding Location at South Carolina Copart, Inc.CPRT reported the addition of a location at Spartanburg, SC. The newly added location is situated at 1921 Nazareth Church Road in Spartanburg. Per management, the addition of the Spartanburg location will add 96 acres of land, enabling Copart to offer services to auto buyers and sellers. Furthermore, the location will help the company to support vehicle remarketing needs in northwestern South Carolina. Buyers can participate in the inventory bidding through the company's website or Copart's mobile application, which is available in iOS and Android platforms. Moreover, during the business hours, bidding kiosks can be accessed at the hub. Copart, Inc. Price and Consensus Copart, Inc. Price and Consensus | Copart, Inc. Quote Earlier in the month, Copart announced a 22-acre expansion of its location at West Warren, MA. The expansion will aid the company in meeting customer requirements as well as address any future need of its clients. Prior to this, in June 2018, the company has reported the addition of a facility at Lumberton, NC, which functions as a disaster-response facility. Copart is expanding its network of facilities to manage inflating volumes. It is also expanding in several new markets. Further, the company anticipates that these will strengthen its footprint in domestic and international markets. The company organizes online auctions and offers a wide range of remarketing services to process and sell salvage, and clean title vehicles. Price Performance In the past six months, Copart's stock has gained 34%, outperforming 25.6% rise recorded by the industry it belongs to. Zacks Rank & Key Picks Copart currently carries a Zacks Rank #3 (Hold). Some better-ranked stocks in the auto space are Allison Transmission Holdings, Inc. ALSN , Fox Factory Holdings Corporation FOXF and PACCAR Inc. PCAR . Allison Transmission and Fox Factory sport a Zacks Rank #1 (Strong Buy) while PACCAR carries a Zacks Rank #2 (Buy). You can see the complete list of today's Zacks #1 Rank stocks here . Allison Transmission has an expected long-term growth rate of 10%. Shares of the company have risen 23.9% in the past six months. Fox Factory has an expected long-term growth rate of 16.8%. Over the past six months, shares of the company have gained 72.4%. PACCAR has an expected long-term growth rate of 10.8%. Over the past year, shares of the company have gained 4.7%. Wall Street's Next Amazon Zacks EVP Kevin Matras believes this familiar stock has only just begun its climb to become one of the greatest investments of all time. It's a once-in-a-generation opportunity to invest in pure genius. Click for details >> Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report PACCAR Inc. (PCAR): Free Stock Analysis Report Fox Factory Holding Corp. (FOXF): Free Stock Analysis Report Allison Transmission Holdings, Inc. (ALSN): Free Stock Analysis Report Copart, Inc. (CPRT): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Stocks Which Set New 52-Week High Friday, August 24th""]"
CPRT,2018-08-28,15.955,16.1522,15.95,16.0175,
CPRT,2018-08-29,16.07,16.195,16.005,16.03,"[""Stocks Which Set New 52-Week High Yesterday, August 28th"", ""Stocks Which Set New 52-Week High Yesterday, August 28th"", ""Stocks Which Set New 52-Week High Yesterday, August 28th""]"
CPRT,2018-08-30,16.0275,16.19,16.015,16.0975,"[""Stocks Which Set New 52-Week High Yesterday, August 29th"", ""Stocks Which Set New 52-Week High Yesterday, August 29th"", ""Group 1 Automotive, Inc. (GPI) Ex-Dividend Date Scheduled for August 31, 2018 Group 1 Automotive, Inc. ( GPI ) will begin trading ex-dividend on August 31, 2018. A cash dividend payment of $0.26 per share is scheduled to be paid on September 18, 2018. Shareholders who purchased GPI prior to the ex-dividend date are eligible for the cash dividend payment. This marks the 3rd quarter that GPI has paid the same dividend. At the current stock price of $78.36, the dividend yield is 1.33%. The previous trading day's last sale of GPI was $78.36, representing a -7.23% decrease from the 52 week high of $84.47 and a 43.2% increase over the 52 week low of $54.72. GPI is a part of the Consumer Durables sector, which includes companies such as Copart, Inc. ( CPRT ) and Genuine Parts Company ( GPC ). GPI's current earnings per share, an indicator of a company's profitability, is $11.12. Zacks Investment Research reports GPI's forecasted earnings growth in 2018 as 14.65%, compared to an industry average of 17.2%. For more information on the declaration, record and payment dates, visit the GPI Dividend History page. Our Dividend Calendar has the full list of stocks that have an ex-dividend today. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Cooper Tire & Rubber Company (CTB) Ex-Dividend Date Scheduled for August 31, 2018 Cooper Tire & Rubber Company ( CTB ) will begin trading ex-dividend on August 31, 2018. A cash dividend payment of $0.105 per share is scheduled to be paid on September 28, 2018. Shareholders who purchased CTB prior to the ex-dividend date are eligible for the cash dividend payment. This marks the 21st quarter that CTB has paid the same dividend. At the current stock price of $29.45, the dividend yield is 1.43%. The previous trading day's last sale of CTB was $29.45, representing a -27.77% decrease from the 52 week high of $40.78 and a 30.45% increase over the 52 week low of $22.58. CTB is a part of the Consumer Durables sector, which includes companies such as Copart, Inc. ( CPRT ) and Genuine Parts Company ( GPC ). CTB's current earnings per share, an indicator of a company's profitability, is $.82. Zacks Investment Research reports CTB's forecasted earnings growth in 2018 as -54.76%, compared to an industry average of -11.2%. For more information on the declaration, record and payment dates, visit the CTB Dividend History page. Our Dividend Calendar has the full list of stocks that have an ex-dividend today. Interested in gaining exposure to CTB through an Exchange Traded Fund [ETF]? The following ETF(s) have CTB as a top-10 holding: Invesco Russell 2000 Pure Value ETF ( PXSV ). The top-performing ETF of this group is PXSV with an increase of 13.82% over the last 100 days. It also has the highest percent weighting of CTB at 0.72%. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Stocks Which Set New 52-Week High Yesterday, August 29th""]"
CPRT,2018-08-31,16.065,16.135,16.03,16.0775,
CPRT,2018-09-04,16.1775,16.265,16.09,16.225,
CPRT,2018-09-05,16.1925,16.1975,15.935,16.17,"[""Stocks Which Set New 52-Week High Yesterday, September 4th"", ""Stocks Which Set New 52-Week High Yesterday, September 4th"", ""Genuine Parts Company (GPC) Ex-Dividend Date Scheduled for September 06, 2018 Genuine Parts Company ( GPC ) will begin trading ex-dividend on September 06, 2018. A cash dividend payment of $0.72 per share is scheduled to be paid on October 01, 2018. Shareholders who purchased GPC prior to the ex-dividend date are eligible for the cash dividend payment. This marks the 3rd quarter that GPC has paid the same dividend. At the current stock price of $100.19, the dividend yield is 2.87%. The previous trading day's last sale of GPC was $100.19, representing a -7.02% decrease from the 52 week high of $107.75 and a 19.94% increase over the 52 week low of $83.53. GPC is a part of the Capital Goods sector, which includes companies such as Copart, Inc. ( CPRT ) and CarMax Inc ( KMX ). GPC's current earnings per share, an indicator of a company's profitability, is $4.55. Zacks Investment Research reports GPC's forecasted earnings growth in 2018 as 22.04%, compared to an industry average of 18.9%. For more information on the declaration, record and payment dates, visit the GPC Dividend History page. Our Dividend Calendar has the full list of stocks that have an ex-dividend today. Interested in gaining exposure to GPC through an Exchange Traded Fund [ETF]? The following ETF(s) have GPC as a top-10 holding: Invesco S&P Global Dividend Opportunities Index ETF ( LVL ) Invesco High Yield Equity Dividend Achievers ETF ( PEY ) Invesco S&P 500 Equal Weight Consumer Discretionary ETF ( RCD ) Invesco Dividend Achievers ETF ( PFM ). The top-performing ETF of this group is RCD with an increase of 7.87% over the last 100 days. LVL has the highest percent weighting of GPC at 1.65%. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Stocks Which Set New 52-Week High Yesterday, September 4th""]"
CPRT,2018-09-06,16.165,16.375,16.12,16.275,
CPRT,2018-09-07,16.2925,16.4425,16.265,16.3825,"[""Fmr Llc Buys Gardner Denver Holdings Inc, SS&C Technologies Holdings Inc, FibroGen Inc, ..."", ""Stocks That Made New 52-Week Highs Yesterday, September 6th"", ""Stocks That Made New 52-Week Highs Yesterday, September 6th"", ""Fmr Llc Buys Gardner Denver Holdings Inc, SS&C Technologies Holdings Inc, FibroGen Inc, ..."", ""Stocks That Made New 52-Week Highs Yesterday, September 6th"", ""Fmr Llc Buys Gardner Denver Holdings Inc, SS&C Technologies Holdings Inc, FibroGen Inc, ...""]"
CPRT,2018-09-10,16.4775,16.5925,16.4538,16.4775,"[""Stocks Which Set New 52-Week High Friday, September 7th"", ""Stocks Which Set New 52-Week High Friday, September 7th"", ""Stocks Which Set New 52-Week High Friday, September 7th""]"
CPRT,2018-09-11,16.455,16.62,16.4329,16.6125,"[""Copart (CPRT) Q4 Earnings Preview: What to Watch Ahead of the Release"", ""Copart (CPRT) Q4 Earnings Preview: What to Watch Ahead of the Release"", ""Copart (CPRT) Q4 Earnings Preview: What to Watch Ahead of the Release""]"
CPRT,2018-09-12,16.6075,16.675,16.3675,16.56,"[""Stocks Which Set New 52-Week High Yesterday, September 11th"", ""Stocks Which Set New 52-Week High Yesterday, September 11th"", ""Sonic Automotive, Inc. (SAH) Ex-Dividend Date Scheduled for September 13, 2018 Sonic Automotive, Inc. ( SAH ) will begin trading ex-dividend on September 13, 2018. A cash dividend payment of $0.06 per share is scheduled to be paid on October 15, 2018. Shareholders who purchased SAH prior to the ex-dividend date are eligible for the cash dividend payment. This marks the 3rd quarter that SAH has paid the same dividend. At the current stock price of $21.1, the dividend yield is 1.14%. The previous trading day's last sale of SAH was $21.1, representing a -10.59% decrease from the 52 week high of $23.60 and a 22.67% increase over the 52 week low of $17.20. SAH is a part of the Consumer Durables sector, which includes companies such as Copart, Inc. ( CPRT ) and Genuine Parts Company ( GPC ). SAH's current earnings per share, an indicator of a company's profitability, is $2.2. Zacks Investment Research reports SAH's forecasted earnings growth in 2018 as 4.32%, compared to an industry average of 17.4%. For more information on the declaration, record and payment dates, visit the SAH Dividend History page. Our Dividend Calendar has the full list of stocks that have an ex-dividend today. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Stocks Which Set New 52-Week High Yesterday, September 11th""]"
CPRT,2018-09-13,16.5975,16.7697,16.4825,16.5075,"[""Stocks Which Set New 52-Week High Yesterday, September 12"", ""Stocks Which Set New 52-Week High Yesterday, September 12"", ""Stocks Which Set New 52-Week High Yesterday, September 12""]"
CPRT,2018-09-14,16.565,16.693,16.1625,16.2075,"[""Stocks Which Set New 52-Week High Yesterday, September 13th"", ""Stocks Which Set New 52-Week High Yesterday, September 13th"", ""Stocks Which Set New 52-Week High Yesterday, September 13th""]"
CPRT,2018-09-17,16.2425,16.3,15.89,15.9325,
CPRT,2018-09-18,15.9225,16.065,15.92,16.0425,"[""5 Earnings Charts You Must Watch This Week"", ""Notable earnings before Wednesday's open"", ""Earnings Preview: Copart"", ""Earnings Preview: Copart"", ""5 Earnings Charts You Must Watch This Week"", ""Notable earnings before Wednesday's open"", ""KAR Auction Services, Inc (KAR) Ex-Dividend Date Scheduled for September 19, 2018 KAR Auction Services, Inc ( KAR ) will begin trading ex-dividend on September 19, 2018. A cash dividend payment of $0.35 per share is scheduled to be paid on October 03, 2018. Shareholders who purchased KAR prior to the ex-dividend date are eligible for the cash dividend payment. This marks the 4th quarter that KAR has paid the same dividend. At the current stock price of $62.72, the dividend yield is 2.23%. The previous trading day's last sale of KAR was $62.72, representing a -2.84% decrease from the 52 week high of $64.55 and a 39.03% increase over the 52 week low of $45.11. KAR is a part of the Consumer Durables sector, which includes companies such as Copart, Inc. ( CPRT ) and Genuine Parts Company ( GPC ). KAR's current earnings per share, an indicator of a company's profitability, is $3.08. Zacks Investment Research reports KAR's forecasted earnings growth in 2018 as 19.87%, compared to an industry average of 2.8%. For more information on the declaration, record and payment dates, visit the KAR Dividend History page. Our Dividend Calendar has the full list of stocks that have an ex-dividend today. Interested in gaining exposure to KAR through an Exchange Traded Fund [ETF]? The following ETF(s) have KAR as a top-10 holding: iShares Core High Dividend ETF ( HDV ). The top-performing ETF of this group is HDV with an increase of 7.84% over the last 100 days. It also has the highest percent weighting of KAR at 0.14%. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""5 Earnings Charts You Must Watch This Week Earnings season is officially over and normally that means so are the Earnings All Star videos, but with Micron reporting this week, I decided to take a look at who else was reporting \""off-season\"" and was surprised at what I found. There are some great earnings charts from companies reporting this week. Some of these are hidden gems. The stocks are trading near all-time highs and the companies have put together a string of solid earnings beats. It's not easy to beat nearly every quarter for several years but several of these companies have been doing that. Will they keep their earnings streaks intact? 5 Earnings Charts You Must Watch This Week 1. Copart CPRT is a global online vehicle auction company with one of the best earnings charts this week. It hasn't missed in 10 quarters and shares are trading at 5-year highs. Can it keep its momentum? 2. Red Hat RHT is an open source software company. It's been hot for several years. It has a perfect earnings record since Zacks records began in 2015. But with a forward P/E of 58, is it too hot to handle now? 3. Thor Industries THO makes RVs. RV sales have been at record highs but the steel and aluminum tariffs have hit the stock. Analysts still year-over-year earnings growth, however. Is the stock a deal? 4. Darden DHI operates Olive Garden and Capital Grille among other chains. The consumer is feeling good and these shares are hitting new 5-year highs. It hasn't missed on earnings since 2014. Will it keep its streak alive? 5. Micron MU will be on everyone's lips this week. It hasn't missed since 2015 but the miss/beat isn't the real story. Guidance will be key. How weak is demand? Analysts have said near-term demand has definitely weakened. Investors and traders should be sure to tune into the conference call because that's where all the action is going to be. 5 Companies Verge on Apple-Like Run Did you miss Apple's 9X stock explosion after they launched their iPhone in 2007? Now 2018 looks to be a pivotal year to get in on another emerging technology expected to rock the market. Demand could soar from almost nothing to $42 billion by 2025. Reports suggest it could save 10 million lives per decade which could in turn save $200 billion in U.S. healthcare costs. A bonus Zacks Special Report names this breakthrough and the 5 best stocks to exploit it. Like Apple in 2007, these companies are already strong and coiling for potential mega-gains. Click to see them right now >> Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Thor Industries, Inc. (THO): Free Stock Analysis Report D.R. Horton, Inc. (DHI): Free Stock Analysis Report Red Hat, Inc. (RHT): Free Stock Analysis Report Micron Technology, Inc. (MU): Free Stock Analysis Report Copart, Inc. (CPRT): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Validea Peter Lynch Strategy Daily Upgrade Report - 9/18/2018 The following are today's upgrades for Validea's P/E/Growth Investor model based on the published strategy of Peter Lynch . This strategy looks for stocks trading at a reasonable price relative to earnings growth that also possess strong balance sheets. COPART, INC. ( CPRT ) is a large-cap growth stock in the Computer Services industry. The rating according to our strategy based on Peter Lynch changed from 56% to 74% based on the firm's underlying fundamentals and the stock's valuation. A score of 80% or above typically indicates that the strategy has some interest in the stock and a score above 90% typically indicates strong interest. Company Description: 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. The Company provides vehicle sellers with a range of services to process and sell vehicles primarily over the Internet through its virtual bidding third generation Internet auction-style sales technology (VB3). The Company's service offerings include Online Seller Access, Salvage Estimation Services, Estimating Services, End-Of-Life Vehicle Processing, Virtual Insured Exchange (VIX), Transportation Services, Vehicle Inspection Stations, On-Demand Reporting, Department of Motor Vehicle (DMV) Processing, Flexible Vehicle Processing Programs, Buy It Now, Member Network, Sales Process, Copart Dealer Services, CashForCars.com and U-Pull-It. The following table summarizes whether the stock meets each of this strategy's tests. Not all criteria in the below table receive equal weighting or are independent, but the table provides a brief overview of the strong and weak points of the security in the context of the strategy's criteria. For a full detailed analysis using NASDAQ's Guru Analysis tool, click here SUN HUNG KAI PROPERTIES LIMITED (ADR) ( SUHJY ) is a large-cap value stock in the Construction Services industry. The rating according to our strategy based on Peter Lynch changed from 0% to 74% based on the firm's underlying fundamentals and the stock's valuation. A score of 80% or above typically indicates that the strategy has some interest in the stock and a score above 90% typically indicates strong interest. Company Description: Sun Hung Kai Properties Limited is an investment holding company mainly engaged in the sale of property. Along with subsidiaries, the Company operates its business through six segments: the Property Sales segment, the Property Rental segment, the Telecommunications segment, the Hotel Operation segment, the Transport Infrastructure and Logistics segment, and the Other Businesses segment. The Property sales and Property rental segments operate in Hong Kong, Mainland China and Singapore. The Telecommunications segment is involved in the provision of mobile telephone services, and data centers and information technology ( IT ) infrastructure business. The Transport Infrastructure and Logistics segment is involved in transport infrastructure operation and management, port business, air transport and logistics business, and the operation of department stores and supermarkets through YATA Limited. The following table summarizes whether the stock meets each of this strategy's tests. Not all criteria in the below table receive equal weighting or are independent, but the table provides a brief overview of the strong and weak points of the security in the context of the strategy's criteria. For a full detailed analysis using NASDAQ's Guru Analysis tool, click here MONOLITHIC POWER SYSTEMS, INC. ( MPWR ) is a mid-cap growth stock in the Semiconductors industry. The rating according to our strategy based on Peter Lynch changed from 87% to 91% based on the firm's underlying fundamentals and the stock's valuation. A score of 80% or above typically indicates that the strategy has some interest in the stock and a score above 90% typically indicates strong interest. Company Description: Monolithic Power Systems, Inc. designs, develops and markets integrated power semiconductor solutions and power delivery architectures. The Company operates in the design, development, marketing and sale of power solutions for the communications, storage and computing, consumer and industrial markets segment. The Company's product families include Direct Current (DC) to DC Products, and Lighting Control Products. The Company's DC to DC integrated circuits (ICs) are used to convert and control voltages within a range of electronic systems, such as portable electronic devices, wireless local area network (LAN) access points, computers, monitors, automobiles and medical equipment. Lighting control ICs are used in backlighting and general illumination products. In addition to Alternating Current (AC)/DC offline solutions for lighting illumination applications, the Company also offers AC/DC power conversion solutions for end products that plug into a wall outlet. The following table summarizes whether the stock meets each of this strategy's tests. Not all criteria in the below table receive equal weighting or are independent, but the table provides a brief overview of the strong and weak points of the security in the context of the strategy's criteria. For a full detailed analysis using NASDAQ's Guru Analysis tool, click here HOMETRUST BANCSHARES INC (HTBI) is a small-cap growth stock in the Regional Banks industry. The rating according to our strategy based on Peter Lynch changed from 0% to 81% based on the firm's underlying fundamentals and the stock's valuation. A score of 80% or above typically indicates that the strategy has some interest in the stock and a score above 90% typically indicates strong interest. Company Description: HomeTrust Bancshares, Inc. is a bank holding company of HomeTrust Bank (the Bank). The Bank's principal business consists of attracting deposits from the public and investing those funds, along with borrowed funds, in loans secured primarily by first and second mortgages on one- to four-family residences, including home equity loans, construction and land/lot loans, commercial real estate loans, construction and development loans, commercial and industrial loans, indirect automobile, and municipal leases. Municipal leases are secured primarily by a ground lease for a firehouse or an equipment lease for fire trucks and firefighting equipment to fire departments located throughout North and South Carolina. The Company purchases investment securities consisting primarily of securities issued by the United States Government agencies and government-sponsored enterprises, as well as certificates of deposit insured by the Federal Deposit Insurance Corporation (FDIC). The following table summarizes whether the stock meets each of this strategy's tests. Not all criteria in the below table receive equal weighting or are independent, but the table provides a brief overview of the strong and weak points of the security in the context of the strategy's criteria. For a full detailed analysis using NASDAQ's Guru Analysis tool, click here Since its inception, Validea's strategy based on Peter Lynch has returned 429.03% vs. 188.76% for the S&P 500. For more details on this strategy, click here About Peter Lynch : Perhaps the greatest mutual fund manager of all-time, Lynch guided Fidelity Investment's Magellan Fund to a 29.2 percent average annual return from 1977 until his retirement in 1990, almost doubling the S&P 500's 15.8 percent yearly return over that time. Lynch's common sense approach and quick wit made him one of the most quoted investors on Wall Street. (\""Go for a business that any idiot can run -- because sooner or later, any idiot probably is going to run it,\"" is one of his many pearls of wisdom.) Lynch's bestseller One Up on Wall Street is something of a \""stocks for the everyman/everywoman\"", breaking his approach down into easy-to-understand concepts. About Validea : Validea is aninvestment researchservice that follows the published strategies of investment legends. Validea offers both stock analysis and model portfolios based on gurus who have outperformed the market over the long-term, including Warren Buffett, Benjamin Graham, Peter Lynch and Martin Zweig. For more information about Validea, click here The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Pre-Market Earnings Report for September 19, 2018 : CPRT The following companies are expected to report earnings prior to market open on 09/19/2018. Visit our Earnings Calendar for a full list of expected earnings releases. Copart, Inc. ( CPRT ) is reporting for the quarter ending July 31, 2018. The auction company's consensus earnings per share forecast from the 6 analysts that follow the stock is $0.47. This value represents a 34.29% increase compared to the same quarter last year. In the past year CPRT has beat the expectations every quarter. The highest one was in the 2nd calendar quarter where they beat the consensus by 8.33%. Zacks Investment Research reports that the 2018 Price to Earnings ratio for CPRT is 35.60 vs. an industry ratio of 22.80, implying that they will have a higher earnings growth than their competitors in the same industry. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. Sponsored Links This Is The Highest Rated Hearing Aid In The US hear.com The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Earnings Preview: Copart"", ""5 Earnings Charts You Must Watch This Week"", ""Notable earnings before Wednesday's open""]"
CPRT,2018-09-19,13.6325,14.225,12.5175,13.895,"[""Wall Street Jumps Wednesday"", ""Copart, Inc. (CPRT) CEO Jay Adair on Q4 2018 Results - Earnings Call Transcript"", ""Midday Gainers / Losers (09/19/2018)"", ""IBD 50 Stocks To Watch: Hot Auto Stock Wrecked, Triggers Multiple Sell Signals After Earnings Miss"", ""Dow Leads Mixed Action; This IBD 50 Stock Crashes To Sell Signal"", ""More on Copart Q4 results"", ""Copart misses by $0.06, beats on revenue"", ""Dow Jones Leads Stock Market, Nasdaq Down; Has Tilray Made A Near-Term Peak?"", ""Earnings Scheduled For September 19, 2018"", ""8 Stocks To Watch For September 19, 2018"", ""Copart Q4 Adj. EPS $0.42 Misses $0.48 Estimate, Sales $449.2M Beat $443.72M Estimate"", ""Mid-Morning Market Update: Markets Mostly Higher; Copart Profit Misses Expectations"", ""Copart shares are trading down 14.1% after the company missed Q4 EPS estimates."", ""Mid-Day Market Update: Crude Oil Up Over 1%; Molecular Templates Shares Spike Higher"", ""33 Stocks Moving In Wednesday's Mid-Day Session"", ""Mid-Afternoon Market Update: Dow Rises Over 200 Points; Command Security Shares Jump On Acquisition News"", ""5 Stocks Primed To Fall Lower In The Coming Days"", ""5 Stocks Primed To Fall Lower In The Coming Days"", ""Mid-Afternoon Market Update: Dow Rises Over 200 Points; Command Security Shares Jump On Acquisition News"", ""33 Stocks Moving In Wednesday's Mid-Day Session"", ""Mid-Day Market Update: Crude Oil Up Over 1%; Molecular Templates Shares Spike Higher"", ""Copart shares are trading down 14.1% after the company missed Q4 EPS estimates."", ""Mid-Morning Market Update: Markets Mostly Higher; Copart Profit Misses Expectations"", ""Copart Q4 Adj. EPS $0.42 Misses $0.48 Estimate, Sales $449.2M Beat $443.72M Estimate"", ""8 Stocks To Watch For September 19, 2018"", ""Earnings Scheduled For September 19, 2018"", ""Copart, Inc. (CPRT) CEO Jay Adair on Q4 2018 Results - Earnings Call Transcript"", ""Dow Jones Leads Stock Market, Nasdaq Down; Has Tilray Made A Near-Term Peak?"", ""Wall Street Jumps Wednesday"", ""Midday Gainers / Losers (09/19/2018)"", ""IBD 50 Stocks To Watch: Hot Auto Stock Wrecked, Triggers Multiple Sell Signals After Earnings Miss"", ""Dow Leads Mixed Action; This IBD 50 Stock Crashes To Sell Signal"", ""More on Copart Q4 results"", ""Copart misses by $0.06, beats on revenue"", ""Copart Stock Hits the Skids on Disappointing Q4 Profit InvestorPlace - Stock Market News, Stock Advice & Trading Tips Copart stock was falling hard on Wednesday following the release of its earnings report for its fiscal fourth quarter of 2018. Source: Shutterstock Copart's (NASDAQ: CPRT ) earnings report for its fiscal fourth quarter of the year starts off with earnings per share of 45 cents. This is an increase over its earnings per share of 30 cents reported in the same period of the year prior. However, it was bad news for Copart stock by missing Wall Street's earnings per share estimate of 48 cents for the quarter. Net income reported by Copart for its fiscal fourth quarter of 2018 came in at $109.74 million. This is an improvement over the company's net income of $70.37 million reported in its fiscal fourth quarter of 2017. During its fiscal fourth quarter of 2018, Copart reported operating income of $134.84 million. The online automobile auction company's operating income reported in the same time last year was $110.81 million. Copart also reported revenue of $449.22 million for its fiscal fourth quarter of the year. This is better than the company's revenue of $378.60 million that was reported in its fiscal fourth quarter of the previous year. This is above analysts' revenue estimate of $444.17 million for the period, but wasn't enough to save Copart stock today. 15 Best S&P 500 Stocks to Buy as the Markets Heat Up Results for its fiscal full year of 2018 also didn't do Copart stock any favors today. The company reported earnings per share of $1.73 on revenue of $1.81 billion for the fiscal year. Wall Street was looking for earnings per share of $1.79 on revenue of $1.80 billion for the period. CPRT stock was down 14% as of Wednesday morning. More From InvestorPlace 10 Best Blue-Chip Stocks for Mid-Career Investors 7 Market Heavyweights to Ditch Before the Selloff 5 Stocks to Buy Amid a Prolonged Trade War Slump 3 Trade War Stocks to Buy (and 3 to Sell) As of this writing, William White did not hold a position in any of the aforementioned securities. Compare Brokers The post Copart Stock Hits the Skids on Disappointing Q4 Profit appeared first on InvestorPlace . The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Copart Shares Cross Below 200 DMA In trading on Wednesday, shares of Copart Inc (Symbol: CPRT) crossed below their 200 day moving average of $52.52, changing hands as low as $50.07 per share. Copart Inc shares are currently trading down about 15.3% on the day. The chart below shows the one year performance of CPRT shares, versus its 200 day moving average: Looking at the chart above, CPRT's low point in its 52 week range is $33.30 per share, with $67.079 as the 52 week high point - that compares with a last trade of $54.16. Click here to find out which 9 other stocks recently crossed below their 200 day moving average \u00bb The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. Sponsored Links This Is The Highest Rated Hearing Aid In The US hear.com The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Oversold Conditions For Copart Legendary investor Warren Buffett advises to be fearful when others are greedy, and be greedy when others are fearful. One way we can try to measure the level of fear in a given stock is through a technical analysis indicator called the Relative Strength Index, or RSI, which measures momentum on a scale of zero to 100. A stock is considered to be oversold if the RSI reading falls below 30. In trading on Wednesday, shares of Copart Inc (Symbol: CPRT) entered into oversold territory, hitting an RSI reading of 23.7, after changing hands as low as $50.07 per share. By comparison, the current RSI reading of the S&P 500 ETF ( SPY ) is 63.9. A bullish investor could look at CPRT's 23.7 RSI reading today as a sign that the recent heavy selling is in the process of exhausting itself, and begin to look for entry point opportunities on the buy side. The chart below shows the one year performance of CPRT shares: Looking at the chart above, CPRT's low point in its 52 week range is $33.30 per share, with $67.079 as the 52 week high point - that compares with a last trade of $53.74. Find out what 9 other oversold stocks you need to know about \u00bb The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Notable Wednesday Option Activity: ADBE, LNC, CPRT Looking at options trading activity among components of the S&P 500 index, there is noteworthy activity today in Adobe Systems Inc (Symbol: ADBE), where a total volume of 23,415 contracts has been traded thus far today, a contract volume which is representative of approximately 2.3 million underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 76.3% of ADBE's average daily trading volume over the past month, of 3.1 million shares. Especially high volume was seen for the $255 strike put option expiring September 21, 2018 , with 1,551 contracts trading so far today, representing approximately 155,100 underlying shares of ADBE. Below is a chart showing ADBE's trailing twelve month trading history, with the $255 strike highlighted in orange: Lincoln National Corp. (Symbol: LNC) saw options trading volume of 7,361 contracts, representing approximately 736,100 underlying shares or approximately 66.9% of LNC's average daily trading volume over the past month, of 1.1 million shares. Particularly high volume was seen for the $65 strike put option expiring October 19, 2018 , with 3,619 contracts trading so far today, representing approximately 361,900 underlying shares of LNC. Below is a chart showing LNC's trailing twelve month trading history, with the $65 strike highlighted in orange: And Copart Inc (Symbol: CPRT) saw options trading volume of 8,091 contracts, representing approximately 809,100 underlying shares or approximately 62.3% of CPRT's average daily trading volume over the past month, of 1.3 million shares. Especially high volume was seen for the $60 strike put option expiring September 21, 2018 , with 1,143 contracts trading so far today, representing approximately 114,300 underlying shares of CPRT. Below is a chart showing CPRT's trailing twelve month trading history, with the $60 strike highlighted in orange: For the various different available expirations for ADBE options , LNC options , or CPRT options , visit StockOptionsChannel.com. Today's Most Active Call & Put Options of the S&P 500 \u00bb The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Why Copart, Inc. Stock Plunged Today What happened Shares of Copart (NASDAQ: CPRT) were down 14.7% as of 2:30 p.m. EDT Wednesday after the online vehicle auction specialist announced disappointing fiscal fourth-quarter 2018 earnings. More specifically, Copart's quarterly revenue climbed 18.7% year over year to $449.2 million, which translated to adjusted (non-GAAP) net income of $102.6 million, or $0.42 per diluted share. But most investors watching the stock were anticipating higher earnings of $0.48 per share on lower revenue of $444.2 million. So what Within Copart's top line, global service revenue grew 16.3%, while purchased car sales climbed 37.7%. And average selling prices in the U.S. climbed 11.9%, driven by the trend of newer, less-severely damaged vehicles being totaled, higher bidding activity, and favorable environments for both used car and scrap prices. During the subsequent conference call, management also elaborated that the company spent roughly $1.7 million to prepare for Hurricane Florence, notably including both permanent and temporary storage facilities, tow trucks, loaders, dedicated catastrophic event teams and mobile command centers. Still, Copart believes the downgraded status of Florence to a tropical storm means it should require only \""limited use\"" of its resources. Copart CFO Jeff Liaw also explained that the company's net income was negatively impacted by around $20 million in one-time charges related to acquisitions and a change in depreciation and amortization. In particular, Copart's adjusted/non-GAAP net income does not exclude a non-cash depreciation charge of $10.5 million related to \""assets newly placed into service as well as changes in the useful lives of fixed assets.\"" Now what To be clear, those unusual charges should be non-recurring, and Copart's underlying business and long-term story otherwise appear to remain firmly intact. However, given its technical shortfall relative to expectations on the bottom line, and with shares already up nearly 50% so far in 2018 leading up to this report, it's no surprise to see the stock pulling back today. 10 stocks we like better than Copart When investing geniuses David and Tom Gardner have a stock tip, it can pay to listen. After all, the newsletter they have run for over a decade, Motley Fool Stock Advisor , has quadrupled the market.* David and Tom just revealed what they believe are the 10 best stocks for investors to buy right now... and Copart wasn't one of them! That's right -- they think these 10 stocks are even better buys. Click here to learn about these picks! *Stock Advisor returns as of August 6, 2018 Steve Symington has no position in any of the stocks mentioned. The Motley Fool recommends Copart. The Motley Fool has a disclosure policy . The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""S&P 500 Movers: CPRT, BWA In early trading on Wednesday, shares of BorgWarner ( BWA ) topped the list of the day's best performing components of the S&P 500 index, trading up 4.9%. Year to date, BorgWarner has lost about 11.7% of its value. And the worst performing S&P 500 component thus far on the day is Copart ( CPRT ), trading down 13.6%. Copart is showing a gain of 28.3% looking at the year to date performance. Two other components making moves today are HollyFrontier ( HFC ), trading down 3.0%, and Praxair ( PX ), trading up 4.6% on the day. VIDEO: S&P 500 Movers: CPRT, BWA The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""5 Stocks Primed To Fall Lower In The Coming Days"", ""Mid-Afternoon Market Update: Dow Rises Over 200 Points; Command Security Shares Jump On Acquisition News"", ""33 Stocks Moving In Wednesday's Mid-Day Session"", ""Mid-Day Market Update: Crude Oil Up Over 1%; Molecular Templates Shares Spike Higher"", ""Copart shares are trading down 14.1% after the company missed Q4 EPS estimates."", ""Mid-Morning Market Update: Markets Mostly Higher; Copart Profit Misses Expectations"", ""Copart Q4 Adj. EPS $0.42 Misses $0.48 Estimate, Sales $449.2M Beat $443.72M Estimate"", ""8 Stocks To Watch For September 19, 2018"", ""Earnings Scheduled For September 19, 2018"", ""Copart, Inc. (CPRT) CEO Jay Adair on Q4 2018 Results - Earnings Call Transcript"", ""Dow Jones Leads Stock Market, Nasdaq Down; Has Tilray Made A Near-Term Peak?"", ""Wall Street Jumps Wednesday"", ""Midday Gainers / Losers (09/19/2018)"", ""IBD 50 Stocks To Watch: Hot Auto Stock Wrecked, Triggers Multiple Sell Signals After Earnings Miss"", ""Dow Leads Mixed Action; This IBD 50 Stock Crashes To Sell Signal"", ""More on Copart Q4 results"", ""Copart misses by $0.06, beats on revenue"", ""Copart's stock tumbles after profit miss Shares of Copart Inc. tumbled 12% in premarket trade Wednesday, after the online vehicle auctions company reported a fiscal fourth-quarter profit that missed expectations. Net income for the quarter to July 31 rose to $109.7 million, or 45 cents a share, from $70.3 million, or 30 cents a share, in the same period a year ago. Excluding non-recurring items, adjusted earnings per share came to 42 cent, below the FactSet consensus of 48 cents. The company said results were hurt by abnormal costs of $79.7 million incurred because of Hurricane Harvey, including temporary storage facilities, premiums for subhaulers, overtime wages, lodging for reassigned employees and equipment lease expenses. Revenue increased to $449.2 million from $378.6 million, above the FactSet consensus of $448.6 million, as service revenue growth of 16% to $391.7 million missed the FactSet consensus of $397.2 million but the vehicle sales rise of 38% to $57.6 million topped expectations of $53.0 million. The stock had soared 48.6% year to date through Tuesday, while the S&P 500 has gained 8.6%.""]"
CPRT,2018-09-20,14.11,14.5525,13.925,14.0325,"[""Auto Stock Roundup: German Automakers Under EU Radar, GM Recalls, Thor to Buy EHG"", ""Company News For Sep 20, 2018"", ""Copart rallies after Gabelli upgrade"", ""Copart: Buying The Post-Earnings Correction"", ""Copart (CPRT) Q4 Earnings Miss Estimates, Revenues Beat"", ""42 Biggest Movers From Yesterday"", ""Gabelli & Co. Upgrades Copart to Buy"", ""Gabelli & Co. Upgrades Copart to Buy"", ""42 Biggest Movers From Yesterday"", ""Copart: Buying The Post-Earnings Correction"", ""Copart rallies after Gabelli upgrade"", ""Copart (CPRT) Q4 Earnings Miss Estimates, Revenues Beat"", ""Company News For Sep 20, 2018"", ""Auto Stock Roundup: German Automakers Under EU Radar, GM Recalls, Thor to Buy EHG"", ""Company News For Sep 20, 2018 Tilray Inc.'s TLRY shares jumped 38.1% after the U.S. Drug Enforcement Administration gave approval to the company to import a marijuana product from Canada for clinical trials Shares of Facebook Inc. FB climbed 1.7% following news that the company has stepped up efforts to eliminate the spread of misinformation on its platform Copart Inc.'s CPRT shares plunged 13.4% after posting fiscal fourth quarter 2018 adjusted earnings per share of $0.42 missing the Zacks Consensus Estimate of $0.47 Shares of AbbVie Inc. ABBV tumbled 1.7% following news that the company is facing legal challenge from a California insurer following allegations of kickbacks Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Facebook, Inc. (FB): Free Stock Analysis Report AbbVie Inc. (ABBV): Free Stock Analysis Report Copart, Inc. (CPRT): Free Stock Analysis Report Tilray, Inc. (TLRY): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Copart (CPRT) Q4 Earnings Miss Estimates, Revenues Beat Copart, Inc.CPRT reported adjusted earnings per share of 42 cents in fourth-quarter fiscal 2018 (ended Jul 31, 2018), missing the Zacks Consensus Estimate of 47 cents. The bottom line improved 20% from 35 cents recorded in the year-ago quarter. Net income was $109.7 million, reflecting a surge of 56% or $39.4 million from fourth-quarter fiscal 2017. Copart's revenues rose 18.7% to $449.2 million from the year-ago quarter and surpassed the Zacks Consensus Estimate of $446.4 million. Service revenues went up 16% year over year to $391.7 million while revenues from vehicle sales gained 38% to $56.6 million in comparison with the prior-year quarter. Gross profit improved 13% to $188.4 million from $167.5 million a year ago. Total operating expenses increased to $314.4 million from $267.8 million recorded in the prior-year period. Operating income increased to $134.8 million from $110.8 million a year ago. For fiscal 2018, Copart has reported adjusted earnings per share of $1.73, up from the prior-year figure of $1.29. In fiscal 2018, revenues were $1.8 billion, up from the 2017 figure of $1.5 billion. Copart, Inc. Price, Consensus and EPS Surprise Copart, Inc. Price, Consensus and EPS Surprise | Copart, Inc. Quote Financial Details Copart had cash and cash equivalents of $274.5 million as of Jul 31, 2018, compared with $210 million as of Jul 31, 2017. Long-term debt, revolving loan facility and capital lease obligations were $398.7 million as of Jul 31, 2018, which recorded a decline from $550.8 million as of Jul 31, 2017. In fiscal 2018, Copart generated net cash flow of $535.1 million from operations compared with $ 492.1 million in fiscal 2017. Zacks Rank & Other Stocks to Consider Copart currently carries a Zacks Rank #2 (Buy). A few other top-ranked stocks in the auto space are Fox Factory Holding Corporation FOXF , Allison Transmission Holdings, Inc. ALSN and Oshkosh Corporation OSK . While each of Fox Factory and Allison Transmission sports a Zacks Rank #1 (Strong Buy), Oshkosh carries a Zacks Rank #2. You can see the complete list of today's Zacks #1 Rank stocks here . Fox Factory has an expected long-term growth rate of 16.8%. Over a year, shares of the company have soared 72.2%. Allison Transmission has an expected long-term growth rate of 10%. Over the past year, shares of the company have surged 48.8%. Oshkosh has an expected long-term growth rate of 18.3%. Over the past three months, shares of the company have risen 9.6%. Will You Make a Fortune on the Shift to Electric Cars? Here's another stock idea to consider. Much like petroleum 150 years ago, lithium power may soon shake the world, creating millionaires and reshaping geo-politics. Soon electric vehicles (EVs) may be cheaper than gas guzzlers. Some are already reaching 265 miles on a single charge. With battery prices plummeting and charging stations set to multiply, one company stands out as the #1 stock to buy according to Zacks research. It's not the one you think. See This Ticker Free >> Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Fox Factory Holding Corp. (FOXF): Free Stock Analysis Report Oshkosh Corporation (OSK): Free Stock Analysis Report Allison Transmission Holdings, Inc. (ALSN): Free Stock Analysis Report Copart, Inc. (CPRT): Free Stock Analysis Report To read this article on Zacks.com click here. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Copart Continues Steady Revenue Growth in the Fourth Quarter Online automotive auction company Copart (NASDAQ: CPRT) reported its fourth-quarter 2018 results on Sept. 19, and once again, the company grew revenue, gross profit, and net income by double-digit percentages, even as it bounces back from adverse impacts of Hurricane Harvey on its business. Copart results: The raw numbers Data source: Copart . What happened with Copart? Total revenue in the fourth quarter increased by 18.7% from the year-ago quarter to $449.2 million. Revenue from the company's vehicle sales segment was $57.5 million, up 37.5% from the fourth quarter 2017. The bulk of Copart's sales come from its service segment, and in the fourth quarter, services sales were up 16% year over year, to $391.6 million. The company increased its gross profit by 12.5% from the year-ago quarter to $188.4 million. The company's global units sales grew 10.2% from the year-ago quarter. Copart's operating income jumped 21.7% from the year-ago quarter to $134.8 million. Operating expenses for the company were up by 17.4% to $314.3 million. Copart's gross margin slid just slightly to 41.9%, down from 44.2% in the fourth quarter 2017. Full-year sales of $762.4 million were up 24.7% from last year. Copart's 2018 net income was $417.9 million, up about 6% from the previous year. Diluted earnings per share for the full year were $1.73, up from $1.66 in 2017. What management had to say While Copart had a strong finish to its fiscal 2018, the company's management noted in its fourth-quarter earnings filing that its business is still feeling the impact of 2017's Hurricane Harvey. The effect of the hurricane resulted in the company spending additional money on facilities to store vehicles, moving expenses for vehicles, and other costs related to handling increased car volume following the storm. Management said that its fourth-quarter operating results \""were adversely affected by abnormal costs of $79.7 million incurred as a result of Hurricane Harvey,\"" and the costs resulted in a pre-tax loss of $12.8 million for the full year. Management also mentioned that the Tax Cuts and Jobs Act of 2017 had a temporarily negative effect on its 2018 operating results. \""The operating results for the year ended July 31, 2018, were also adversely impacted by the recording of a provisional tax liability\"" from repatriating some of its foreign earnings. But going forward, the company will benefit from a lower tax rate of 21% in fiscal 2019, down from a rate of 28% in 2018. Management also took some time on the earnings call to point out that an increased focus on marketing efforts for its online auctions is starting to pay off. Copart's vice president for U.S. operations, William Franklin, said, \""The number of unique bidders is up over 30%. And the increase in number of bids received per lot is up almost 9%.\"" He added that, \""We have two objectives: first, is to increase the number of bidders that participate in our online auction; and second, is to increase the bidding activity of those who do. We are executing well on both.\"" Looking ahead Copart's management doesn't offer guidance, but in past quarters, the company's leadership has shed some light on Copart's plans. Management said on last quarter's earnings call that Copart will continue to spend money on acquiring and developing new land so it can increase how many vehicle lots the company owns. Copart's management reiterated that plan on the fourth-quarter call by saying that there are 28 land developments currently under construction (though no new vehicle yards were opened in the fourth quarter), and Franklin said, \""I think you'll see a number of those being announced in the next two quarters.\"" 10 stocks we like better than Copart When investing geniuses David and Tom Gardner have a stock tip, it can pay to listen. After all, the newsletter they have run for over a decade, Motley Fool Stock Advisor , has quadrupled the market.* David and Tom just revealed what they believe are the 10 best stocks for investors to buy right now... and Copart wasn't one of them! That's right -- they think these 10 stocks are even better buys. Click here to learn about these picks! *Stock Advisor returns as of August 6, 2018 Chris Neiger has no position in any of the stocks mentioned. The Motley Fool recommends Copart. The Motley Fool has a disclosure policy . The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Gabelli & Co. Upgrades Copart to Buy"", ""42 Biggest Movers From Yesterday"", ""Copart: Buying The Post-Earnings Correction"", ""Copart rallies after Gabelli upgrade"", ""Copart (CPRT) Q4 Earnings Miss Estimates, Revenues Beat"", ""Company News For Sep 20, 2018"", ""Auto Stock Roundup: German Automakers Under EU Radar, GM Recalls, Thor to Buy EHG""]"
CPRT,2018-09-21,13.655,13.985,13.0912,13.145,"[""Copart falls after JPMorgan cut"", ""JP Morgan Downgrades Copart to Underweight, Lowers Price Target to $47"", ""Copart Inc shares are down 3.8% premarket after analysts at JP Morgan downgraded the stock from Neutral to Underweight and lowered the price target from $48 to $47."", ""Benzinga's Top Upgrades, Downgrades For September 21, 2018"", ""Benzinga's Top Upgrades, Downgrades For September 21, 2018"", ""Copart Inc shares are down 3.8% premarket after analysts at JP Morgan downgraded the stock from Neutral to Underweight and lowered the price target from $48 to $47."", ""JP Morgan Downgrades Copart to Underweight, Lowers Price Target to $47"", ""Copart falls after JPMorgan cut"", ""Benzinga's Top Upgrades, Downgrades For September 21, 2018"", ""Copart Inc shares are down 3.8% premarket after analysts at JP Morgan downgraded the stock from Neutral to Underweight and lowered the price target from $48 to $47."", ""JP Morgan Downgrades Copart to Underweight, Lowers Price Target to $47"", ""Copart falls after JPMorgan cut""]"
CPRT,2018-09-24,13.0625,13.2025,12.7375,12.855,
CPRT,2018-09-25,12.9225,12.9625,12.72,12.88,"[""The Reverse Synergy Play - The Idea Guide"", ""The Reverse Synergy Play - The Idea Guide"", ""The Reverse Synergy Play - The Idea Guide""]"
CPRT,2018-09-26,12.92,12.975,12.66,12.9125,
CPRT,2018-09-27,12.9525,12.9925,12.7425,12.78,"[""Best And Worst-Performing Stocks In The S&P 500 Over The Last 20 Years And How They Have Performed In 2018"", ""Best And Worst-Performing Stocks In The S&P 500 Over The Last 20 Years And How They Have Performed In 2018"", ""Best And Worst-Performing Stocks In The S&P 500 Over The Last 20 Years And How They Have Performed In 2018""]"
CPRT,2018-09-28,12.8225,12.92,12.795,12.8825,
CPRT,2018-10-01,12.87,13.2075,12.745,13.1575,
CPRT,2018-10-02,13.09,13.1375,12.7375,12.8075,"[""Monday Was A Day Of Surprises - Cramer's Mad Money (10/1/18)"", ""Copart Earns IBD Stock Rating Upgrade"", ""Copart Earns IBD Stock Rating Upgrade"", ""Monday Was A Day Of Surprises - Cramer's Mad Money (10/1/18)"", ""Copart Earns IBD Stock Rating Upgrade"", ""Monday Was A Day Of Surprises - Cramer's Mad Money (10/1/18)""]"
CPRT,2018-10-03,12.7825,13.305,12.7825,13.19,"[""Bulletproof Investing Performance Update: Week 44"", ""Bulletproof Investing Performance Update: Week 44"", ""3 Big Stock Charts for Wednesday: KeyCorp, Copart and Akamai Technologies InvestorPlace - Stock Market News, Stock Advice & Trading Tips Stocks may have gotten Tuesday's trading started on the right foot, but they certainly didn't end them that way. Although the S&P 500 managed to claw back some of what was at one point an intraday loss of 0.17%, the 0.04% loss the index ended up logging yesterday was still not a gain - and the market needed a decisive gain. That modest loss could have been much bigger had it not been for General Electric (NYSE: GE ), which advanced 1.9% as investors continue celebrating the potential a new CEO poses . On the other hand, the market's small loss might have been a respectable gain has Advanced Micro Devices (NASDAQ: AMD ) not suffered a 7.6% loss as the market continues to figure out just where it stands with rival Intel (NASDAQ: INTC ). That headline-driven action is exactly why none of these story stocks are well-suited for trading right now. The key at this time is getting the right read on stock charts, and it's the charts of KeyCorp (NYSE: KEY ), Copart (NASDAQ: CPRT ) and Akamai Technologies (NASDAQ: AKAM ) that are most telling as we head into Wednesday's session. KeyCorp (KEY) The past several days haven't been enjoyable ones for bank stocks, and KeyCorp hasn't been an exception to that norm. But, the sheer scope of the selling has some traders suggesting the weakness may be about to be replaced by bullishness again. 17 Small-Cap Stocks That Could Double And, that may well be the way things pan out. If not, though, KEY shares are one bad day away from breaking under a crucially important support level. Worse, KeyCorp is facing the test with an eyebrow-raising backdrop. Click to Enlarge \u2022 The make-or-break line joins most of the major lows going all the way back to April and is plotted with a red, dashed line on both stock charts. \u2022 KeyCorp has used this line as a pushoff point before, but this time is different. This time, it's in the shadow of a major lower low; the August peak was below March's high. \u2022 In the weekly timeframe, KEY has not only already broken below another important support line, plotted in blue, but we've also already seen a bearish MACD cross. The downward momentum is already formed. Copart (CPRT) After an amazing 2016/2017 rally, Copart was due for a wave of profit-taking. That's what happened last month. In response to a disappointing fourth quarter report, CPRT shares were up-ended in a huge way. It wasn't the setback in and of itself that's put the stock in jeopardy right now, however. It's what's happened in the meantime, or more specifically, what's not happened in the meantime, that's brought Copart shares to the brink of another round of major selling. Click to Enlarge \u2022 The real killer here was Monday's retest of the moving average line, plotted in white, at $52.97. The bulls were willing to push up and off the developing support level around $50.86 and try to get back above the long-term moving average line, but the buyers couldn't get over the hump. \u2022 Now CPRT shares have peeled back, and once again are putting pressure on the support line at $50.86. If it snaps, there's not much left that will be able to stop a second wave of selling. \u2022 Zooming out to the weekly chart not only gives us some more perspective, it gives us a couple more prospective technical floors. The nearest one is the 38.2% Fibonacci retracement line is at $47.77, and the next is the 61.8% retracement at $35.70. Akamai Technologies (AKAM) Last but not least, Akamai Technologies shares are no stranger to volatility. In fact, you can pretty much count on wide, wild swings from it. Thanks to Monday's bearish hint and Tuesday's confirming clue, though, odds are very good that we're all the way back into an all-too-familiar selling groove. Click to Enlarge \u2022 The big clue is this week's move below the 200-day moving average line, which is plotted in white on both stock charts. Crosses of this long-term moving average line tend to last a while, up or down. \u2022 Simultaneously, we've seen bearish crossovers - or crossunders, technically speaking - of all the other key moving average lines. This underscores how well developed the new downward momentum has been developed. \u2022 The clincher, so to speak, is the fact that so much bearish volume has taken shape just since early last month. The Chaikin is back under zero on the weekly chart, while the daily chart's accumulation-distribution line is now sloped downward. There were clearly at least some would-be sellers just waiting in the wings. As of this writing, James Brumley did not hold a position in any of the aforementioned securities. You can follow him on Twitter , at @jbrumley. More From InvestorPlace 7 Stocks to Consider During Midterm Uncertainty 7 Consumer Stocks to Buy as Confidence Is Up Ahead of Holidays 5 Financial ETFs to Buy as Interest Rates Rise 3 Dow Jones Stocks to Buy Today Compare Brokers The post 3 Big Stock Charts for Wednesday: KeyCorp, Copart and Akamai Technologies appeared first on InvestorPlace . The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Bulletproof Investing Performance Update: Week 44""]"
CPRT,2018-10-04,13.1,13.1875,12.8075,12.935,
CPRT,2018-10-05,12.96,13.1188,12.85,12.9725,"[""Copart Inc (CPRT) Files \u2013\u2026-K for the Fiscal Year Ended on July '\u2013, \u2014\u2026\u20138"", ""Copart Inc (CPRT) Files \u2013\u2026-K for the Fiscal Year Ended on July '\u2013, \u2014\u2026\u20138"", ""Copart Inc (CPRT) Files \u2013\u2026-K for the Fiscal Year Ended on July '\u2013, \u2014\u2026\u20138""]"
CPRT,2018-10-08,12.94,13.0775,12.665,12.815,
CPRT,2018-10-09,12.7775,12.8775,12.68,12.865,
CPRT,2018-10-10,12.8075,12.8725,12.47,12.49,"[""Bulletproof Investing Performance Update: Week 45"", ""Bulletproof Investing Performance Update: Week 45"", ""Bulletproof Investing Performance Update: Week 45""]"
CPRT,2018-10-11,12.375,12.5825,12.2125,12.2625,"Why Copart, Inc. Stock Plunged 19.9% in September What happened Shares of Copart Inc. (NASDAQ: CPRT) declined 19.9% in September, according to data from S&P Global Market Intelligence , after the online auto auction leader released mixed fiscal fourth-quarter results relative to expectations. To be sure, Copart stock fell nearly 15% on Sept. 19, 2018 alone, when the company revealed its quarterly revenue had climbed 18.7% year over year to $449.2 million, which technically exceeded consensus estimates for sales of $44.2 million. On the bottom line, however, that translated to adjusted (non- GAAP ) earnings of $102.6 million, or $0.42 per share, up 20% from $0.35 per share in the same year-ago period, but well below the $0.48 per share predicted by most Wall Street analysts. So what To be fair, and as I noted shortly after the plunge, Copart management explained during the subsequent conference call that the company's earnings were hurt by roughly $20 million in one-time charges stemming from acquisitions and changes in accounting for depreciation and amortization. But while those charges are typically accounted for through most companies' non-GAAP adjustments, accounting rules dictated that Copart's adjusted results this quarter still include a non-cash depreciation charge of $10.5 million from ""assets newly placed into service as well as changes in the useful lives of fixed assets."" ""We achieved a record fourth quarter and unit sales revenue, gross profits and operating income,"" Copart CFO Jeff Liaw elaborated during the call. ""We're quite pleased by what we believe is strong underlying operational and financial performance, but it was of course a complex quarter given certain non-recurring, non-cash charges,[...] as well as a slight mix shift to purchase cars and year-over-year changes in our tax rate."" Now what It likely didn't help that Copart stock had climbed nearly 50% year to date leading up to last month's report, leaving some investors itching to take profits off the table at any sign of perceived weakness. But putting aside its nonrecurring charges, this was as strong a quarter as any shareholder could have hoped for. And for patient investors willing to ignore the noise, I think the stock should rebound in the coming quarters as Copart's underlying strength becomes clearer. 10 stocks we like better than Copart When investing geniuses David and Tom Gardner have a stock tip, it can pay to listen. After all, the newsletter they have run for over a decade, Motley Fool Stock Advisor , has quadrupled the market.* David and Tom just revealed what they believe are the 10 best stocks for investors to buy right now... and Copart wasn't one of them! That's right -- they think these 10 stocks are even better buys. Click here to learn about these picks! *Stock Advisor returns as of August 6, 2018 Steve Symington has no position in any of the stocks mentioned. The Motley Fool recommends Copart. The Motley Fool has a disclosure policy . The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
CPRT,2018-10-12,12.435,12.6275,12.365,12.595,"[""Detailed Research: Economic Perspectives on Archer Daniels Midland, Sempra Energy, Nielsen ..."", ""Detailed Research: Economic Perspectives on Archer Daniels Midland, Sempra Energy, Nielsen ..."", ""Detailed Research: Economic Perspectives on Archer Daniels Midland, Sempra Energy, Nielsen ...""]"
CPRT,2018-10-15,12.5375,12.6775,12.475,12.555,
CPRT,2018-10-16,12.6575,12.7925,12.545,12.77,
CPRT,2018-10-17,12.7275,12.78,12.545,12.7475,
CPRT,2018-10-18,12.7175,12.7238,12.365,12.44,
CPRT,2018-10-19,12.4725,12.5575,12.2375,12.32,"[""Copart (CPRT) Down 11.4% Since Last Earnings Report: Can It Rebound?"", ""Value Or Growth? Both!"", ""Value Or Growth? Both!"", ""Copart (CPRT) Down 11.4% Since Last Earnings Report: Can It Rebound?"", ""Copart (CPRT) Down 11.4% Since Last Earnings Report: Can It Rebound? It has been about a month since the last earnings report for Copart (CPRT). Shares have lost about 11.4% in that time frame, underperforming the S&P 500. Will the recent negative trend continue leading up to its next earnings release, or is Copart due for a breakout? Before we dive into how investors and analysts have reacted as of late, let's take a quick look at the most recent earnings report in order to get a better handle on the important drivers. Copart Q4 Earnings Miss Estimates, Revenues Beat Copart reported adjusted earnings per share of 42 cents in fourth-quarter fiscal 2018 (ended Jul 31, 2018), missing the Zacks Consensus Estimate of 47 cents. The bottom line improved 20% from 35 cents recorded in the year-ago quarter. Net income was $109.7 million, reflecting a surge of 56% or $39.4 million from fourth-quarter fiscal 2017. Copart's revenues rose 18.7% to $449.2 million from the year-ago quarter and surpassed the Zacks Consensus Estimate of $446.4 million. Service revenues went up 16% year over year to $391.7 million while revenues from vehicle sales gained 38% to $56.6 million in comparison with the prior-year quarter. Gross profit improved 13% to $188.4 million from $167.5 million a year ago. Total operating expenses increased to $314.4 million from $267.8 million recorded in the prior-year period. Operating income increased to $134.8 million from $110.8 million a year ago. For fiscal 2018, Copart has reported adjusted earnings per share of $1.73, up from the prior-year figure of $1.29. In fiscal 2018, revenues were $1.8 billion, up from the 2017 figure of $1.5 billion. Financial Details Copart had cash and cash equivalents of $274.5 million as of Jul 31, 2018, compared with $210 million as of Jul 31, 2017. Long-term debt, revolving loan facility and capital lease obligations were $398.7 million as of Jul 31, 2018, which recorded a decline from $550.8 million as of Jul 31, 2017. In fiscal 2018, Copart generated net cash flow of $535.1 million from operations compared with $ 492.1 million in fiscal 2017. How Have Estimates Been Moving Since Then? In the past month, investors have witnessed a downward trend in fresh estimates. VGM Scores At this time, Copart has a strong Growth Score of A, though it is lagging a lot on the Momentum Score front with a D. Following the exact same course, the stock was allocated a grade of D on the value side, putting it in the bottom 40% for this investment strategy. Overall, the stock has an aggregate VGM Score of C. If you aren't focused on one strategy, this score is the one you should be interested in. Outlook Estimates have been broadly trending downward for the stock, and the magnitude of this revision indicates a downward shift. Notably, Copart has a Zacks Rank #3 (Hold). We expect an in-line return from the stock in the next few months. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Copart, Inc. (CPRT): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Value Or Growth? Both!"", ""Copart (CPRT) Down 11.4% Since Last Earnings Report: Can It Rebound?""]"
CPRT,2018-10-22,12.335,12.665,12.335,12.62,
CPRT,2018-10-23,12.4325,12.515,12.18,12.4625,"[""SMID Cap Growth Strategy Q3 2018 Commentary"", ""Bulletproof Investing Performance Update: Week 47"", ""Bulletproof Investing Performance Update: Week 47"", ""SMID Cap Growth Strategy Q3 2018 Commentary"", ""Bulletproof Investing Performance Update: Week 47"", ""SMID Cap Growth Strategy Q3 2018 Commentary""]"
CPRT,2018-10-24,12.4725,12.5,11.57,11.5825,
CPRT,2018-10-25,11.6275,12.1525,11.6,12.1025,"Peek Under The Hood: SIZE Has 18% Upside Looking at the underlying holdings of the ETFs in our coverage universe at ETF Channel , we have compared the trading price of each holding against the average analyst 12-month forward target price, and computed the weighted average implied analyst target price for the ETF itself. For the iShares Edge MSCI USA Size Factor ETF (Symbol: SIZE), we found that the implied analyst target price for the ETF based upon its underlying holdings is $95.92 per unit. With SIZE trading at a recent price near $81.23 per unit, that means that analysts see 18.08% upside for this ETF looking through to the average analyst targets of the underlying holdings. Three of SIZE's underlying holdings with notable upside to their analyst target prices are Copart Inc (Symbol: CPRT), Trimble Inc (Symbol: TRMB), and Xilinx, Inc. (Symbol: XLNX). Although CPRT has traded at a recent price of $46.33/share, the average analyst target is 22.10% higher at $56.57/share. Similarly, TRMB has 20.39% upside from the recent share price of $36.43 if the average analyst target price of $43.86/share is reached, and analysts on average are expecting XLNX to reach a target price of $82.00/share, which is 18.77% above the recent price of $69.04. Below is a twelve month price history chart comparing the stock performance of CPRT, TRMB, and XLNX: Below is a summary table of the current analyst target prices discussed above: Are analysts justified in these targets, or overly optimistic about where these stocks will be trading 12 months from now? Do the analysts have a valid justification for their targets, or are they behind the curve on recent company and industry developments? A high price target relative to a stock's trading price can reflect optimism about the future, but can also be a precursor to target price downgrades if the targets were a relic of the past. These are questions that require further investor research. 10 ETFs With Most Upside To Analyst Targets » The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
CPRT,2018-10-26,11.8825,12.0425,11.65,11.815,"[""Stocks With Rising Relative Strength: Copart"", ""Best Auto Parts Stocks See Momentum As Amazon-Walmart-Costco Looms"", ""Stocks With Rising Relative Strength: Copart"", ""Best Auto Parts Stocks See Momentum As Amazon-Walmart-Costco Looms"", ""Stocks With Rising Relative Strength: Copart"", ""Best Auto Parts Stocks See Momentum As Amazon-Walmart-Costco Looms""]"
CPRT,2018-10-29,12.025,12.1025,11.6025,11.76,"[""Copart's Fall: Big Overreaction, Big Opportunity"", ""Copart's Fall: Big Overreaction, Big Opportunity"", ""Copart's Fall: Big Overreaction, Big Opportunity""]"
CPRT,2018-10-30,11.7775,12.1375,11.7275,12.125,
CPRT,2018-10-31,12.2575,12.3625,12.12,12.2275,
CPRT,2018-11-01,12.275,12.56,12.2004,12.54,
CPRT,2018-11-02,12.6575,12.735,12.455,12.5725,
CPRT,2018-11-05,12.58,12.625,12.3275,12.59,
CPRT,2018-11-06,12.64,12.755,12.475,12.5075,
CPRT,2018-11-07,12.6175,12.7375,12.43,12.7,
CPRT,2018-11-08,12.67,12.7375,12.535,12.61,
CPRT,2018-11-09,12.5475,12.65,12.39,12.5675,
CPRT,2018-11-12,12.58,12.5875,12.295,12.3175,
CPRT,2018-11-13,12.3225,12.4975,12.0875,12.205,"[""Copart (CPRT) Earnings Expected to Grow: What to Know Ahead of Next Week's Release Wall Street expects a year-over-year increase in earnings on higher revenues when Copart (CPRT) reports results for the quarter ended October 2018. While this widely-known consensus outlook is important in gauging the company's earnings picture, a powerful factor that could impact its near-term stock price is how the actual results compare to these estimates. The earnings report, which is expected to be released on November 20, 2018, might help the stock move higher if these key numbers are better than expectations. On the other hand, if they miss, the stock may move lower. While management's discussion of business conditions on theearnings callwill mostly determine the sustainability of the immediate price change and future earnings expectations, it's worth having a handicapping insight into the odds of a positive EPS surprise. Zacks Consensus Estimate This auctioneer of damaged and recovered stolen vehicles is expected to post quarterly earnings of $0.46 per share in its upcoming report, which represents a year-over-year change of +39.4%. Revenues are expected to be $458.48 million, up 9.4% from the year-ago quarter. Estimate Revisions Trend The consensus EPS estimate for the quarter has been revised 0.32% lower over the last 30 days to the current level. This is essentially a reflection of how the covering analysts have collectively reassessed their initial estimates over this period. Investors should keep in mind that the direction of estimate revisions by each of the covering analysts may not always get reflected in the aggregate change. Price, Consensus and EPS Surprise Earnings Whisper Estimate revisions ahead of a company's earnings release offer clues to the business conditions for the period whose results are coming out. This insight is at the core of our proprietary surprise prediction model -- the Zacks Earnings ESP (Expected Surprise Prediction). The Zacks Earnings ESP compares the Most Accurate Estimate to the Zacks Consensus Estimate for the quarter; the Most Accurate Estimate is a version of the Zacks Consensus whose definition is subject to change. The idea here is that analysts revising their estimates right before an earnings release have the latest information, which could potentially be more accurate than what they and others contributing to the consensus had predicted earlier. Thus, a positive or negative Earnings ESP reading theoretically indicates the likely deviation of the actual earnings from the consensus estimate. However, the model's predictive power is significant for positive ESP readings only. A positive Earnings ESP is a strong predictor of an earnings beat, particularly when combined with a Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold). Our research shows that stocks with this combination produce a positive surprise nearly 70% of the time , and a solid Zacks Rank actually increases the predictive power of Earnings ESP. Please note that a negative Earnings ESP reading is not indicative of an earnings miss. Our research shows that it is difficult to predict an earnings beat with any degree of confidence for stocks with negative Earnings ESP readings and/or Zacks Rank of 4 (Sell) or 5 (Strong Sell). How Have the Numbers Shaped Up for Copart? For Copart, the Most Accurate Estimate is lower than the Zacks Consensus Estimate, suggesting that analysts have recently become bearish on the company's earnings prospects. This has resulted in an Earnings ESP of -11.51%. On the other hand, the stock currently carries a Zacks Rank of #3. So, this combination makes it difficult to conclusively predict that Copart will beat the consensus EPS estimate. Does Earnings Surprise History Hold Any Clue? While calculating estimates for a company's future earnings, analysts often consider to what extent it has been able to match past consensus estimates. So, it's worth taking a look at the surprise history for gauging its influence on the upcoming number. For the last reported quarter, it was expected that Copart would post earnings of $0.47 per share when it actually produced earnings of $0.42, delivering a surprise of -10.64%. Over the last four quarters, the company has beaten consensus EPS estimates three times. Bottom Line An earnings beat or miss may not be the sole basis for a stock moving higher or lower. Many stocks end up losing ground despite an earnings beat due to other factors that disappoint investors. Similarly, unforeseen catalysts help a number of stocks gain despite an earnings miss. That said, betting on stocks that are expected to beat earnings expectations does increase the odds of success. This is why it's worth checking a company's Earnings ESP and Zacks Rank ahead of its quarterly release. Make sure to utilize our Earnings ESP Filter to uncover the best stocks to buy or sell before they've reported. Copart doesn't appear a compelling earnings-beat candidate. However, investors should pay attention to other factors too for betting on this stock or staying away from it ahead of its earnings release. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Copart, Inc. (CPRT): Free Stock Analysis Report To read this article on Zacks.com click here. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""10 Deeply Discounted Stocks to Buy The Standard & Poor's 500-stock index is on pace for a loss in 2018. While the 1% decline year-to-date isn't broadly catastrophic, it has been fueled by several shares that have simply been cleaved. But there is a silver lining: This has created a number of deeply discounted stocks to buy. History has shown us that when rates rise, stocks typically decline - at least temporarily. This was the case in 1994, 2006 and last February. The market's latest swoon, caused in part by more upward pressure on interest rates, may be painful, but it too may just be temporary. That's little comfort to owners of numerous stocks that have fallen precipitously off their recent highs. But that is good news for bargain hunters that are looking for battered stock picks to grab up off the ground. Here are 10 deeply discounted stocks to buy - companies that are anywhere from 20% to 50% off of their 52-week highs: SEE ALSO: 101 Best Dividend Stocks to Buy for 2019 and Beyond Market value: $19.5 billion 52-week range: $34.14-$9.04 % off 52-week high: 44.3% Advanced Micro Devices' ( AMD , $19.03) stock still is doing fantastically in 2018, up 80% for the year-to-date. Wins in several markets - client CPUs, server GPUs and graphics chips for data centers and gamers - have revived the previously struggling chipmaker. Still, AMD stock is off by well more than 40% since September amid a broad selloff in technology, and thanks to a disappointing Q3 report. The company's revenues, while up year-over-year for the fifth straight quarter, missed expectations, as did fourth-quarter guidance. Stay focused on the longer-term fundamental outlook. Many analysts believe AMD can maintain its momentum and challenge Intel ( INTC ) and Nvidia ( NVDA ) through a combination of licensing and customization. Moreover, the company is becoming much better at turning its growth into profits. Wall Street analysts expect 170% growth in adjusted earnings this year to 46 cents per share, followed by another 37% pop to 63 cents per share in 2019. Remember: This was a company that, before 2017, hadn't turned a full-year profit since 2011. SEE ALSO: 10 Tech Stocks That Pay You Dividends to Own Them Market value: $50.3 billion 52-week range: $110.81-$70.09 % off 52-week high: 35.9% Celgene ( CELG , $71.02) is off more than 30% from its 52-week high, much of which came from October's downdraft. Generally, investors are nervous about the portion of revenue -- north of 60% -- that comes from blockbuster drug Revlimid, which treats multiple myeloma, a white blood cell cancer. They're also nervous that Revlimid will face generic competition starting in 2022. Further, a blunder with the FDA last year for multiple sclerosis treatment ozanimod and the failed trial for a Crohn's disease drug have not been forgotten. But investors may be fretting about Revlimid too much and forgetting that Celgene is continuing to grow. Celgene's profits have expanded by more than 17%, compounded annually, over the past five years. And diluted earnings for the first nine months of 2018 have come to $4.02 per share, already besting last year's full-year earnings of $3.64. Celgene actually has a deep pipeline for drugs to treat lymphoma, anemia and multiple sclerosis. Celgene's formulations are expected to hit the market in 2019 and 2020. Analysts at CFRA -- a unit of Standard & Poor's -- believe that Celgene could introduce five meaningful drugs by 2020. Celgene is acquisitive, too, and healthy cash flow from Revlimid can finance new deals while pipeline products gain traction. SEE ALSO: 10 Best Value Stocks to Buy Now Market value: $11.4 billion 52-week range: $67.08-$35.44 % off 52-week high: 26.6% There's almost no company like Copart ( CPRT , $49.27), the globally operating leader in online vehicle auctions. It has other businesses, too, including processing and selling salvage vehicles to dealers, \""dismantlers,\"" rebuilders and exporters on behalf of banks, finance companies, insurers and fleet operators. Copart sold off nearly 20% in September after it reported disappointing earnings. The top and bottom lines grew, but profits of 42 cents per share came up shy by 4 cents. Management dutifully explained how a variety of one-time costs, including those from Hurricane Harvey, had impacted earnings. But the Street was unconvinced, and the stock has remained stubbornly off its highs. The miss isn't as concerning when you consider the company still is in expansion mode; analysts see high-single-digit revenue growth in the cards for both this year and next. Also in September, Copart opened its second facility in Germany. The new facility in Leipzig can store up to 4,500 vehicles will host biweekly auctions. The location provides entry to the Eastern European market for autos, too. SEE ALSO: The 25 Biggest U.S. IPOs of All Time Market value: $20.5 billion 52-week range: $116.65-$78.78 % off 52-week high: 26% Dollar Tree ( DLTR , $85.99) has wildly underperformed this year thanks in large part to a trio of negative reactions on quarterly earnings. That includes an August report in which DLTR reported disappointing same-store sales and reduced its guidance for the current fiscal year. Despite desultory sentiment, Dollar Tree still is on track to grow revenues by 3% this fiscal year, and profits by 13%, analysts say. Unlike full-price retailers who are struggling to squeeze top-line gains into bigger bottom lines because of competition from e-tailers, Dollar Tree is somewhat detached. Its Dollar Tree merchandise sells for $1, and its customer base tends to do little online shopping. Today, Dollar Tree operates more than 15,000 stores across its namesake brand and Family Dollar, which it purchased in July 2014. For context, Walmart - America's largest retailer by revenues - operates 5,358 stores. Analysts point out that while DLTR is underperforming rival Dollar General ( DG ), which is trading near 52-week high, shares of the former may offer more upside. Also intriguing is a new stake by activist shareholder Carl Icahn, who some believe will push Dollar Tree to exit the Family Dollar purchase via a sale or spinoff. SEE ALSO: The \""Sweet Spot\"": 15 Mid-Cap Dividend Stocks to Buy Market value: $26.8 billion 52-week range: $151.26-$86.01 % off 52-week high: 42.0% Electronic Arts ( EA , $87.66) makes video games, but it is constantly changing as it strives to provide quality content. EA's Star Wars: Battlefront is among the top performing games in the industry, and its success is likely to be continued through future editions. Digital sales -- versus packaged software -- currently contribute more than half of Electronic Arts' revenue, and management aims to increase that amount in order to benefit from the higher margins on digital, while also enabling it to distribute more of its content to current customers. The company is putting resources behind its eSports and mobile gaming, which could boost growth. Electronic Arts' strategy is aided by some compelling macros and trends. Among them are 2.6 billion gamers around the world and EA's 300 million registered players, who it can market new and upgraded products to. Further, EA has demonstrated its ability to capitalize on favorable gaming trends. Through the fiscal year ended in March 2013 through the fiscal year ended in March 2018, earnings have exploded from 31 cents per share to $3.34, or about 61% compounded annually. (Though it masks some lumpiness in between.) SEE ALSO: 25 Blue-Chip Stocks Mutual Fund Managers Love Most Market value: $3.3 billion 52-week range: $287.79-$112.78 % off 52-week high: 51.4% Inogen ( INGN , $139.93) shares have been halved since their September peak, and much of that came after the company reduced full-year guidance for EBITDA (a measure of operating profitability that backs out items such as interest and taxes) to a range of $60 million-$62 million from a range of $65 million-$69 million. That's mostly because of continued sales and marketing investments expected in the fourth quarter of 2018. The balance of the drop appears to be tied to the overall downdraft in the market that started in mid-September. Neither of these reasons justify cutting the company's value in half. Millions of Americans rely on some form of oxygen therapy for chronic obstructive pulmonary disease (COPD), and Inogen has brought innovation to the market to rapidly earn share with a portable oxygen concentrator. Portability offers patients a vast improvement over bulky oxygen tanks and has expanded the size of the overall addressable market. The advantages portability offers are equally disruptive in international markets. Inogen is capitalizing on these dynamics with an aggressive direct-to-consumer sales network, increasing its business to business efforts with financing and private-label partnerships, and aggressive international expansion. Since 2015, INGN has grown revenues from $159 million to an estimated $345 million to $355 million this year, and adjusted EBITDA from $8.1 million to the expected $60 million-$62 million range. Wall Street has overreacted to INGN's bad news. This is still a briskly growing company that decided to invest in itself. SEE ALSO: 10 Underappreciated Biotech Stocks to Buy Market value: $5.6 billion 52-week range: $23.08-$15.76 % off 52-week high: 22.1% Low-cost airline JetBlue ( JBLU , $17.99) is also flying well below the clouds, but it has a plan to gain altitude. At a recent investor day, management said the company is aggressively switching capacity from underperforming destinations such as Daytona Beach, St. Croix, Baltimore, Detroit, Pittsburgh, the District of Columbia and Santiago (Dominican Republic), and adding capacity in more profitable routes emanating out of Boston and Fort Lauderdale. The dip in shares comes at an inflection point in JetBlue's growth and development. Bank of America/Merrill Lynch thinks that the company has now achieved the scale required to effectively compete in the capital-intensive airline business and can now focus on more returns-oriented investments like its premium Mint service -- JetBlue's version of first class -- as well as its cost-cutting initiatives. Airline profits are often a rollercoaster affair, primarily because of fuel costs, but JetBlue expected to keep growing revenues steadily at 9% annually this year and next. SEE ALSO: 25 Stocks Every Retiree Should Own Market value: $4.5 billion 52-week range: $127.32-$83.78 % off 52-week high: 20.3% National Beverage ( FIZZ , $101.45) has been dogged with shareholder lawsuits and claims that its LaCroix sparkling beverage brand isn't as natural as the company claims. But these seem like border skirmishes that don't really detract from the underlying fundamentals of the company, which include a singular focus and growth on both the top and bottom lines. In September, National Beverage announced it achieved the billion-dollar mark for annual revenues, on Q2 revenues of $292.6 million that marked the company's 15th consecutive quarter of top-line growth. Earnings, while volatile, increased from $1.01 per share in 2013 to $3.19 in the fiscal year ended April 28, for compound annual growth of nearly 26%. While $1 billion in sales may not sound like much compared to the likes of Coca-Cola ( KO ), which delivered $35.4 billion in sales last year, National Beverage's focus on sparkling water and juices creates a much more compelling, albeit riskier, growth profile. Looking ahead, initial efforts to penetrate the Canadian market have shown the LaCroix brand to be popular with consumers there, which is encouraging given the strong global demand for sparkling water. SEE ALSO: 25 Dividend Stocks That Analysts Love the Most Market value: $2.4 billion 52-week range: $36.90-$18.76 % off 52-week high: 45.6% Penn Gaming ( PENN , $20.06) is a regional casino stock that operates or owns interest in 40 gaming facilities across 18 states. Its portfolio spans 49,400 gaming machines, 1,200 table games and 8,800 hotel rooms. The stock has been falling steadily since July, but growth drivers could change the story. On Oct. 15, Penn completed its acquisition of Pinnacle Entertainment, cementing its position as a regional gaming leader. Penn said in a press release that it expects the deal to be accretive to Penn National's free cash flow per share in the first year after closing, and that the deal should enjoy about $100 million in expected annual run-rate cost synergies. In addition, sports betting may make a material contribution to Penn's top and bottom lines as it rolls it out across its broad portfolio of properties. SEE ALSO: 16 High-Yielding Monthly Dividend Payers Market value: $2.4 billion 52-week range: $43.95-$31.08 % off 52-week high: 25.1% Freight hauler and logistics company Werner Enterprises ( WERN , $32.93) has been punished in 2018, with shares losing a quarter of their value from its 52-week high. Although its profit margins lag those of other top freight companies such as Knight-Swift ( KNX ), look for improvement in already-solid margins over the next several years because of Werner's fleet investments. Today, the average age of trucks in Werner's fleet is 1.8 years, versus approximately six years for the industry. Further, Werner has been addressing a persistent labor shortage with pay increases of approximately 27% since 2015, recruiting among veterans and training at 13 locations around the country. Another positive driver, according to Wells Fargo analysts, is that truckload capacity is getting scarce, adding a tailwind to pricing. SEE ALSO: The 25 Best Low-Fee Mutual Funds You Can Buy The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.""]"
CPRT,2018-11-14,12.2875,12.6,12.2825,12.455,
CPRT,2018-11-15,12.4125,12.7075,12.2525,12.7,"[""Tracking Allan Mecham's Arlington Value Capital Portfolio - Q3 2018 Update"", ""Tracking Allan Mecham's Arlington Value Capital Portfolio - Q3 2018 Update"", ""Tracking Allan Mecham's Arlington Value Capital Portfolio - Q3 2018 Update""]"
CPRT,2018-11-16,12.605,12.8075,12.5675,12.7525,"[""Bulletproof Investing Performance Update: Week 50"", ""Bulletproof Investing Performance Update: Week 50"", ""Bulletproof Investing Performance Update: Week 50""]"
CPRT,2018-11-19,12.75,12.75,12.0975,12.135,"[""Copart (CPRT) to Report Q1 Earnings: What's in the Offing?"", ""Notable earnings after Tuesday's close"", ""Notable earnings after Tuesday's close"", ""Copart (CPRT) to Report Q1 Earnings: What's in the Offing?"", ""Notable earnings after Tuesday's close"", ""Copart (CPRT) to Report Q1 Earnings: What's in the Offing?""]"
CPRT,2018-11-20,11.955,12.095,11.7125,11.825,"[""Copart EPS in-line, beats on revenue"", ""Earnings Scheduled For November 20, 2018"", ""Copart, Inc. Q1 EPS $0.47 Up From $0.33 YoY, Sales $461.4M Beat $460.2M Estimate"", ""Copart, Inc. Q1 EPS $0.47 Up From $0.33 YoY, Sales $461.4M Beat $460.2M Estimate"", ""Earnings Scheduled For November 20, 2018"", ""Copart EPS in-line, beats on revenue"", ""First Week of CPRT January 2019 Options Trading Investors in Copart Inc (Symbol: CPRT) saw new options become available this week, for the January 2019 expiration. At Stock Options Channel , our YieldBoost formula has looked up and down the CPRT options chain for the new January 2019 contracts and identified one put and one call contract of particular interest. The put contract at the $45.00 strike price has a current bid of $1.50. If an investor was to sell-to-open that put contract, they are committing to purchase the stock at $45.00, but will also collect the premium, putting the cost basis of the shares at $43.50 (before broker commissions). To an investor already interested in purchasing shares of CPRT, that could represent an attractive alternative to paying $47.98/share today. Because the $45.00 strike represents an approximate 6% discount to the current trading price of the stock (in other words it is out-of-the-money by that percentage), there is also the possibility that the put contract would expire worthless. The current analytical data (including greeks and implied greeks) suggest the current odds of that happening are 73%. Stock Options Channel will track those odds over time to see how they change, publishing a chart of those numbers on our website under the contract detail page for this contract . Should the contract expire worthless, the premium would represent a 3.33% return on the cash commitment, or 20.62% annualized - at Stock Options Channel we call this the YieldBoost . Below is a chart showing the trailing twelve month trading history for Copart Inc, and highlighting in green where the $45.00 strike is located relative to that history: Turning to the calls side of the option chain, the call contract at the $50.00 strike price has a current bid of $1.95. If an investor was to purchase shares of CPRT stock at the current price level of $47.98/share, and then sell-to-open that call contract as a \""covered call,\"" they are committing to sell the stock at $50.00. Considering the call seller will also collect the premium, that would drive a total return (excluding dividends, if any) of 8.27% if the stock gets called away at the January 2019 expiration (before broker commissions). Of course, a lot of upside could potentially be left on the table if CPRT shares really soar, which is why looking at the trailing twelve month trading history for Copart Inc, as well as studying the business fundamentals becomes important. Below is a chart showing CPRT's trailing twelve month trading history, with the $50.00 strike highlighted in red: Considering the fact that the $50.00 strike represents an approximate 4% premium to the current trading price of the stock (in other words it is out-of-the-money by that percentage), there is also the possibility that the covered call contract would expire worthless, in which case the investor would keep both their shares of stock and the premium collected. The current analytical data (including greeks and implied greeks) suggest the current odds of that happening are 60%. On our website under the contract detail page for this contract , Stock Options Channel will track those odds over time to see how they change and publish a chart of those numbers (the trading history of the option contract will also be charted). Should the covered call contract expire worthless, the premium would represent a 4.06% boost of extra return to the investor, or 25.14% annualized, which we refer to as the YieldBoost . The implied volatility in the put contract example is 41%, while the implied volatility in the call contract example is 39%. Meanwhile, we calculate the actual trailing twelve month volatility (considering the last 252 trading day closing values as well as today's price of $47.98) to be 31%. For more put and call options contract ideas worth looking at, visit StockOptionsChannel.com. Top YieldBoost Calls of the S&P 500 \u00bb The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Copart's Sales Growth Slows, but Earnings Jump in Q1 Online automotive auction company Copart (NASDAQ: CPRT) reported its first-quarter 2019 results on Nov. 20, and the company grew sales and earnings by double-digit percentages, though revenue growth was lower than in the past several quarters. Copart results: The raw numbers Data source: Copart . What happened with Copart in the quarter? Copart's revenue grew by 10% in the first quarter, which isn't as substantial as the usual sales growth the company has reported in the past several quarters. For reference, Copart grew sales by 18.7% in the fourth quarter of 2018 , 28% in the third quarter, 31% in the second, and 21% in the first. The slowdown appears to have come from the company's services sales, which grew by just 5.5% in the first quarter. But the bigger picture in the first quarter is that the company was able to improve its gross profit by 20% and increase earnings substantially. Copart's operating profit got a boost from the drop in the company's yard-operations costs, where the company houses the vehicles it sells at its auctions. Yard-operations expenses dropped from $206 million in the year-ago quarter to $189 million in the reported quarter, about an 8% decline. That helped the company's gross profit in the quarter to jump 20% to nearly $196 million. The higher operating income, mixed with a lower tax payment, helped Copart boost its net earnings by 47% in the quarter. As has been the case over the past several quarters, Copart is still dealing with additional expenses it incurred as a result of Hurricane Harvey. The company said \""abnormal costs\"" of $35.8 million from Harvey come from a range of expenses, including temporary storage facilities, labor costs from paying employees overtime, equipment purchases and leases, and the cost of vehicle sales. Other notable quarterly results include vehicle sales that increased to 66,562, up 47.7% from the year-ago quarter. Copart ended the quarter with $320.3 million, up 16% sequentially. What investors can expect As usual, Copart's management didn't include any guidance for the upcoming quarter. That lack of information may make some investors a bit jittery as they try to figure out whether Copart's sales will continue to slow in subsequent quarters. Investors will probably remember that after the company's fourth-quarter results, Copart's share price took a steep dive because investors were disappointed with the results, even though the company showed strong sales and earnings growth. Despite that share-price slide, Copart's stock has still gained about 30% over the past 12 months, compared with the S&P 500 's 2% gain. But with the overall market experiencing significant declines lately, there's no telling how investors might respond to Copart's latest quarterly results. 10 stocks we like better than Copart When investing geniuses David and Tom Gardner have a stock tip, it can pay to listen. After all, the newsletter they have run for over a decade, Motley Fool Stock Advisor , has quadrupled the market.* David and Tom just revealed what they believe are the 10 best stocks for investors to buy right now... and Copart wasn't one of them! That's right -- they think these 10 stocks are even better buys. Click here to learn about these picks! *Stock Advisor returns as of November 14, 2018 Chris Neiger has no position in any of the stocks mentioned. The Motley Fool recommends Copart. The Motley Fool has a disclosure policy . The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Copart's Sales Growth Slows, but Earnings Jump in the First Quarter Online automotive auction company Copart (NASDAQ: CPRT) reported its first-quarter 2019 results on Nov. 20, and the company grew sales and earnings by double-digit percentages, though revenue growth was lower than in the past several quarters. Copart results: The raw numbers Data source: Copart . What happened with Copart in the quarter? Copart's revenue grew by 10% in the first quarter, which isn't as substantial as the usual sales growth the company has reported in the past several quarters. For reference, Copart grew sales by 18.7% in the fourth quarter of 2018 , 28% in the third quarter, 31% in the second, and 21% in the first. The slowdown appears to have come from the company's services sales, which grew by just 5.5% in the first quarter. But the bigger picture in the first quarter is that the company was able to improve its gross profit by 20% and increase earnings substantially. Copart's operating profit got a boost from the drop in the company's yard-operations costs, where the company houses the vehicles it sells at its auctions. Yard-operations expenses dropped from $206 million in the year-ago quarter to $189 million in the reported quarter, about an 8% decline. That helped the company's gross profit in the quarter to jump 20% to nearly $196 million. The higher operating income, mixed with a lower tax payment, helped Copart boost its net earnings by 47% in the quarter. As has been the case over the past several quarters, Copart is still dealing with additional expenses it incurred as a result of Hurricane Harvey. The company said \""abnormal costs\"" of $35.8 million from Harvey come from a range of expenses, including temporary storage facilities, labor costs from paying employees overtime, equipment purchases and leases, and the cost of vehicle sales. Other notable quarterly results include vehicle sales that increased to 66,562, up 47.7% from the year-ago quarter. Copart ended the quarter with $320.3 million, up 16% sequentially. What investors can expect As usual, Copart's management didn't include any guidance for the upcoming quarter. That lack of information may make some investors a bit jittery as they try to figure out whether Copart's sales will continue to slow in subsequent quarters. Investors will probably remember that after the company's fourth-quarter results, Copart's share price took a steep dive because investors were disappointed with the results, even though the company showed strong sales and earnings growth. Despite that share-price slide, Copart's stock has still gained about 30% over the past 12 months, compared with the S&P 500 's 2% gain. But with the overall market experiencing significant declines lately, there's no telling how investors might respond to Copart's latest quarterly results. 10 stocks we like better than Copart When investing geniuses David and Tom Gardner have a stock tip, it can pay to listen. After all, the newsletter they have run for over a decade, Motley Fool Stock Advisor , has quadrupled the market.* David and Tom just revealed what they believe are the 10 best stocks for investors to buy right now... and Copart wasn't one of them! That's right -- they think these 10 stocks are even better buys. Click here to learn about these picks! *Stock Advisor returns as of November 14, 2018 Chris Neiger has no position in any of the stocks mentioned. The Motley Fool recommends Copart. The Motley Fool has a disclosure policy . The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""After-Hours Earnings Report for November 20, 2018 : ADSK, CPRT, KEYS, GPS, FL, ESL, SE, CAL, VNET, QADA, SBLK, LTM The following companies are expected to report earnings after hours on 11/20/2018. Visit our Earnings Calendar for a full list of expected earnings releases. Autodesk, Inc. ( ADSK ) is reporting for the quarter ending October 31, 2018. The computer software company's consensus earnings per share forecast from the 8 analysts that follow the stock is $0.04. This value represents a 109.52% increase compared to the same quarter last year. Zacks Investment Research reports that the 2019 Price to Earnings ratio for ADSK is 2514.80 vs. an industry ratio of 77.70, implying that they will have a higher earnings growth than their competitors in the same industry. Copart, Inc. ( CPRT ) is reporting for the quarter ending October 31, 2018. The auction company's consensus earnings per share forecast from the 6 analysts that follow the stock is $0.46. This value represents a 39.39% increase compared to the same quarter last year. CPRT missed the consensus earnings per share in the 3rd calendar quarter of 2018 by -10.64%. Zacks Investment Research reports that the 2019 Price to Earnings ratio for CPRT is 22.90 vs. an industry ratio of 19.40, implying that they will have a higher earnings growth than their competitors in the same industry. Keysight Technologies Inc. ( KEYS ) is reporting for the quarter ending October 31, 2018. The electrical instrument company's consensus earnings per share forecast from the 4 analysts that follow the stock is $0.84. This value represents a 29.23% increase compared to the same quarter last year. In the past year KEYS has beat the expectations every quarter. The highest one was in the 3rd calendar quarter where they beat the consensus by 13.7%. Zacks Investment Research reports that the 2018 Price to Earnings ratio for KEYS is 19.30 vs. an industry ratio of 10.10, implying that they will have a higher earnings growth than their competitors in the same industry. Gap, Inc. ( GPS ) is reporting for the quarter ending October 31, 2018. The retail (shoe) company's consensus earnings per share forecast from the 10 analysts that follow the stock is $0.68. This value represents a 17.24% increase compared to the same quarter last year. GPS missed the consensus earnings per share in the 2nd calendar quarter of 2018 by -6.67%. Zacks Investment Research reports that the 2019 Price to Earnings ratio for GPS is 9.90 vs. an industry ratio of 18.70. Foot Locker, Inc. ( FL ) is reporting for the quarter ending October 31, 2018. The retail (shoe) company's consensus earnings per share forecast from the 12 analysts that follow the stock is $0.92. This value represents a 5.75% increase compared to the same quarter last year. In the past year FL has beat the expectations every quarter. The highest one was in the 3rd calendar quarter where they beat the consensus by 7.14%. Zacks Investment Research reports that the 2019 Price to Earnings ratio for FL is 10.94 vs. an industry ratio of 18.70. Esterline Technologies Corporation ( ESL ) is reporting for the quarter ending September 30, 2018. The aerospace and defense company's consensus earnings per share forecast from the 3 analysts that follow the stock is $1.38. This value represents a 8.66% increase compared to the same quarter last year. ESL missed the consensus earnings per share in the 3rd calendar quarter of 2017 by -16.99%. Zacks Investment Research reports that the 2018 Price to Earnings ratio for ESL is 31.80 vs. an industry ratio of 26.70, implying that they will have a higher earnings growth than their competitors in the same industry. Sea Limited ( SE ) is reporting for the quarter ending September 30, 2018. The investment fund company's consensus earnings per share forecast from the 2 analysts that follow the stock is $-0.74. This value represents a 1.33% increase compared to the same quarter last year. Zacks Investment Research reports that the 2018 Price to Earnings ratio for SE is -4.83 vs. an industry ratio of 6.70. Caleres, Inc. ( CAL ) is reporting for the quarter ending October 31, 2018. The shoes & retail apparel company's consensus earnings per share forecast from the 1 analyst that follows the stock is $0.92. This value represents a 15.00% increase compared to the same quarter last year. Zacks Investment Research reports that the 2019 Price to Earnings ratio for CAL is 12.84 vs. an industry ratio of 15.30. 21Vianet Group, Inc. ( VNET ) is reporting for the quarter ending September 30, 2018. The internet services company's consensus earnings per share forecast from the 1 analyst that follows the stock is $0.01. This value represents a 107.69% increase compared to the same quarter last year. In the past year VNET has met analyst expectations once and beat the expectations the other two quarters. Zacks Investment Research reports that the 2018 Price to Earnings ratio for VNET is 188.50 vs. an industry ratio of 6.80, implying that they will have a higher earnings growth than their competitors in the same industry. QAD Inc. ( QADA ) is reporting for the quarter ending October 31, 2018. The business software company's consensus earnings per share forecast from the 3 analysts that follow the stock is $-0.04. This value represents a 300.00% decrease compared to the same quarter last year. QADA missed the consensus earnings per share in the 1st calendar quarter of 2018 by -20.83%. Zacks Investment Research reports that the 2019 Price to Earnings ratio for QADA is -2012.50 vs. an industry ratio of -201.60. Star Bulk Carriers Corp. ( SBLK ) is reporting for the quarter ending September 30, 2018. The shipping company's consensus earnings per share forecast from the 5 analysts that follow the stock is $0.38. This value represents a 575.00% increase compared to the same quarter last year. In the past year SBLK has met analyst expectations once and beat the expectations the other three quarters. Zacks Investment Research reports that the 2018 Price to Earnings ratio for SBLK is 7.16 vs. an industry ratio of -98.60, implying that they will have a higher earnings growth than their competitors in the same industry. LATAM Airlines Group S.A. ( LTM ) is reporting for the quarter ending September 30, 2018. The airline company's consensus earnings per share forecast from the 4 analysts that follow the stock is $0.08. This value represents a 69.23% decrease compared to the same quarter last year. Zacks Investment Research reports that the 2018 Price to Earnings ratio for LTM is 38.60 vs. an industry ratio of 13.10, implying that they will have a higher earnings growth than their competitors in the same industry. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Copart, Inc. Q1 EPS $0.47 Up From $0.33 YoY, Sales $461.4M Beat $460.2M Estimate"", ""Earnings Scheduled For November 20, 2018"", ""Copart EPS in-line, beats on revenue""]"
CPRT,2018-11-21,12.505,12.645,12.0525,12.5225,"[""Copart (CPRT) Q1 Earnings & Revenues Drive Past Estimates"", ""Copart, Inc. (CPRT) CEO Jayson Adair on Q1 2019 Results - Earnings Call Transcript"", ""Copart tracks higher after earnings"", ""Morning Call For Wednesday, Nov. 21"", ""ClearBridge Select Strategy Portfolio Manager Commentary Q3 2018"", ""Copart shares are trading up 5.0% after the company beat Q1 revenue estimates and reported EPS up $0.14 year-over-year."", ""Copart shares are trading up 5.0% after the company beat Q1 revenue estimates and reported EPS up $0.14 year-over-year."", ""ClearBridge Select Strategy Portfolio Manager Commentary Q3 2018"", ""Copart, Inc. (CPRT) CEO Jayson Adair on Q1 2019 Results - Earnings Call Transcript"", ""Copart tracks higher after earnings"", ""Morning Call For Wednesday, Nov. 21"", ""Copart (CPRT) Q1 Earnings & Revenues Drive Past Estimates"", ""Copart (CPRT) Q1 Earnings & Revenues Drive Past Estimates Copart, Inc.CPRT reported adjusted earnings per share of 47 cents in first-quarter fiscal 2019 (ended Oct 31, 2018), beating the Zacks Consensus Estimate of 46 cents. In the year-ago quarter, the bottom line was 33 cents. Net income was $114.1 million, reflecting a surge of 47.2% or $36.6 million from first-quarter fiscal 2018. Copart's revenues rose 10.1% to $461.4 million from the year-ago quarter and surpassed the Zacks Consensus Estimate of $459 million. Compared with the prior-year quarter, service revenues increased to $394.8 million from $374.1 million. Revenues from vehicle sales were $66.6 million in comparison with $45 million in the first-quarter fiscal 2018. Copart, Inc. Price, Consensus and EPS Surprise Copart, Inc. Price, Consensus and EPS Surprise | Copart, Inc. Quote Gross profit improved 20% to $195.9 million from $163.3 million a year ago. Total operating expenses increased to $310 million from $295.2 million recorded in the prior-year period. Operating income increased to $151.4 million from $124 million a year ago. Financial Details Copart had cash and cash equivalents of $320.3 million as of Oct 31, 2018, compared with $274.5 million as of Jul 31, 2018. Long-term debt, revolving loan facility and capital lease obligations were $398.6 million as of Oct 31, 2018, similar to the figure recorded on Jul 31, 2018. At the end of three months of fiscal 2019, Copart generated net cash flow of $107.7 million from operations compared with $93.4 million in the year-ago period. Zacks Rank & Key Picks Copart currently carries a Zacks Rank #3 (Hold). A few better-ranked stocks in the auto space includeGeneral Motors Company GM ), Honda Motor Co., Ltd. HMC and AutoZone, Inc. AZO , each carrying Zacks Rank #2 (Buy). You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here . General Motors has an expected long-term growth rate of 8.5%. Shares of the company have increased 12% over the past month. Honda has an expected long-term growth rate of 2.9%. Shares of the company have rallied 2% over the past month. AutoZone has an expected long-term growth rate of 12.2%. Over the past three months, shares of the company have gained 4.5%. Looking for Stocks with Skyrocketing Upside? Zacks has just released a Special Report on the booming investment opportunities of legal marijuana. Ignited by new referendums and legislation, this industry is expected to blast from an already robust $6.7 billion to $20.2 billion in 2021. Early investors stand to make a killing, but you have to be ready to act and know just where to look. See the pot trades we're targeting>> Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report General Motors Company (GM): Free Stock Analysis Report Honda Motor Co., Ltd. (HMC): Free Stock Analysis Report AutoZone, Inc. (AZO): Free Stock Analysis Report Copart, Inc. (CPRT): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Copart, Inc. (CPRT) Q1 2019 Earnings Conference Call Transcript Copart, Inc. (NASDAQ: CPRT) Q1 2019 Earnings Conference Call Nov. 21, 2018 , 11:18 a.m. ET Contents: Prepared Remarks Questions and Answers Call Participants Prepared Remarks: Operator Good day, everyone and welcome to the Copart Incorporated First Quarter Fiscal 2019 Earnings Call. Just a reminder, today's conference is being recorded. For opening remarks and introductions, I would now like to turn the call over to Mr. Jay Adair, Chief Executive Officer of Copart Incorporated. Please go ahead, sir. A. Jayson Adair -- Chief Executive Officer Thank you, Chantelle. Good morning, everyone and welcome to the first quarter conference call for Copart fiscal 2019. It's my pleasure at this point to turn it over to Jeff, who will go through the financials. We will then come back to Will, who will give you an update on US, International and then I will give you an update on what is happening in Germany since there's a lot of changes going on there and pass that to Jeff as well. So with that, I'll turn it over to Jeff. Jeffery Liaw -- Chief Financial Officer Thanks, Jay. I'll start today's call with the Safe Harbor. During today's call, we'll discuss certain non-GAAP measures including non-GAAP net income per diluted share, which includes adjustments to reverse the effect of disposals of non-operating assets, foreign currency related gains and losses, and certain income tax benefits related to accounting for stock option exercises. We've provided the reconciliation of these non-GAAP financial measures to the most directly comparable GAAP measures on our website under the Investor Relations link and in our press release issued yesterday. We believe the presentation of these non-GAAP measures together with our corresponding GAAP measures is relevant in assessing Copart's business trends and financial performance. We analyze our results on both a GAAP and non-GAAP basis described above. In addition, this call contains forward-looking statements within the meaning of federal securities laws, which are subject to substantial risks and uncertainties that could cause actual results to differ materially from those projected or implied by our statements and comments. For a more complete discussion of the risks that could affect our business, please review the management's discussion and analysis portions in our related periodic reports filed with the SEC. We do not undertake to update any forward-looking statements that may be made from time to time on our behalf. Turning our attention first to the first quarter of fiscal 2019, we achieved a record first quarter in unit sales revenue, gross profit, and operating income. The period presents a somewhat noisy comparison in comparison to the first quarter of last year given the events of Hurricane Harvey last year and Florence and Michael this year. We'll provide metrics during this call with and without those events to provide you a cleaner comparison. Starting at the top line, our global (ph) revenue grew 10.1% year-over-year. Excluding those three hurricanes I just mentioned, revenue would have been 15.1% instead. We were burdened by an unfavorable year-over-year currency effect on revenue of $0.3 million on foreign operations primarily due to the relative strength of the US dollar in comparison to the pound and the Brazilian real. Our global service revenue grew (ph) 5.5%. Again, excluding those three hurricanes, global service revenue would have grown at 11% instead. Purchase (ph) (technical difficulty) was 48%, split approximately equally between US and internationally in terms of the absolute growth. The growth in US was driven by a mix of things including NPA and CoCorrect (ph). Internationally, our growth was driven by the (technical difficulty). As you know from following Copart, our actual Copart owned inventory is still relatively modest with $19.7 million (ph) at quarter-end, small in the context of our overall business since (technical difficulty) is reflected in the gross value while (technical difficulty) revenue reflects only the net. Our global unit sales grew 4.1% year-over-year with US unit growth of 2.4% and international unit growth of 14.3% (ph). Excluding those three hurricanes, our global unit sales growth would have been 5.6% with US growth at 4.2% and the international growth, of course, unchanged. Our nominal global inventory decreased year-over-year at 1.5%, but excluding those three hurricanes, our global inventory was up 10% year-over-year in comparing the October ending balance versus the October ending balance of a year ago. Turning to our gross profit. Gross profit grew from $163.3 million a year ago to $195.9 million this year or 20% growth. As you may recall, the first quarter of '18 was burdened by Hurricane Harvey, which represented a net drag on the quarter of $17.2 million of the gross profit line. The first quarter of '19 is likewise burdened by expenses related to Hurricane's Florence and Michael which collectively represented $4 million of gross profit loss in the quarter. We have not treated this event as I quote, extraordinary event. We believe that storm readiness and response is an essential service that we provide to our customers and although catastrophic events tend to be unprofitable for Copart and in the case of major storms like these, substantially so, we believe our commitment to exceptional service in these events distinguishes Copart from the competition. Excluding these three events from gross profit in both periods would have yielded gross profit growth of 11% or meaningful leverage on our unit growth of 5.6%. Our gross margin rate increased from 39% to 42.5% for an increase of 350 basis points. That, of course, includes the burden of Hurricane Harvey a year ago as well as Florence and Michael this year. Excluding all three of those events, gross margin rate would have declined slightly, approximately 180 basis points with a strong majority of that decline attributable to the mix shift in purchased cars. On ASPs, I'll provide just a quick headline with Will to provide much more color thereafter. Our ASPs grew 13.1% in the US despite lapping a strong ASP growth quarter a year ago in the first quarter of '18 of also 13% or thereabouts. Turning to our general and administrative expenses ex-stock compensation and depreciation grew from $29.5 million a year ago to $34.8 million. US growth in this respect of $3.8 million largely related to costs associated with supporting our growth initiatives as well as certain litigation costs and a $1.5 million increase internationally is largely related to the expansion of our European business. As we have repeatedly said, our general and administrative expenses will grow over time with inflation and complexity, but we continue to believe we can achieve operating leverage over time given strong top line growth. Our GAAP operating income grew from a $123.9 million to $151.4 million or growth of 22%. Excluding the hurricanes, operating income would have grown an approximate 10% year-over-year. Our net interest expense was down due to a lower net debt balance. Our first quarter income tax rate of 23.3% is a reflection of the lower US federal tax rate you heard us talk about on prior calls. We are now at a 21% US federal tax rate for the full fiscal year '19. Our GAAP net income increased from $77.5 million a year ago to $114.1 million this year or growth of 47% year-over-year. As I'm sure you recall, we experienced a somewhat complex quarter in the fourth quarter. The first quarter is relatively straightforward in comparison with very limited non-GAAP adjustments to net income and therefore the net income of $77.1 million a year ago in comparison to $113.6 million this year is similar with growth of 47% year-over-year. One last topic, turning our attention to the balance sheet and cash flow statement, I'll pause here to talk about revenue recognition 606 or the Rev 606 new accounting standard. This is the first quarter in which we've implemented those new revenue recognition principles, which reflects largely a reversion to how Copart previously accounted for its revenue, prior to the implementation of Rev 605 in fiscal 2011. So under the new accounting standard, to oversimplify, we will largely recognize revenue in connection with a particular vehicle at the time of its auction, including for example services we provide with respect to inbound towing, entitled processing. The one-time cumulative adjustment to retained earnings is a reduction of $23 million. Certain revenue and corresponding costs that had been recognized in Q4 and previously under the prior accounting standards are now recognized in Q1 and beyond while revenue and corresponding costs that previously would have been recognized in Q1 are instead deferred to Q2 and beyond. The long and short of it is that the net effect on our P&L in Q1 was not material in terms of either revenue or our profit metrics. The new revenue recognition standards also affect our balance sheet in non-cash ways. For example, because we will not recognize revenue as earned until the time of auction as a general matter, certain of our accounts receivables that we would previously have booked in Q1 will now instead be booked in Q2. So on our balance sheet, you'll see the AR balance will nominally reflect a decrease of $60 million (ph), but the change in cash from the cash flow statement on accounts receivable of $29.3 million is a more accurate reflection of like-for-like AR (ph) growth year-over-year. The same logic applies to vehicle pooling costs, we will now defer more of our costs into Q2 and have quoted (ph) deferred costs from Q4 that we've now recognized in Q1 in subsequent periods. As a result, VPC growth on our balance sheet of $39 million significantly outpaces like-for-like VPC growth of $13.6 million as reflected in our cash flow statement. On cash flow itself, we generated operating cash flow for the quarter of $107.7 million with CapEx of $62 million and change, a little over half, call (ph) it 55% of our CapEx was attributable to capacity expansion and lease buyouts with the balance attributable to yard equipment, IT and other. And with that, I'll turn it over to Will for more color on the business. William Franklin -- Executive Vice President-US Operations and Shared Services Thank you Jeff and I'll provide a few comments about our operational performance for the quarter where we once again delivered a very strong quarter. In the US, our volume grew by 4.3% when adjusted for all cat activity, which includes Hurricane Harvey last year and Hurricane's Florence and Michael this year. Our volume growth continues to be driven by organic growth and market wins within the insurance market and a continued expansion into the non-insurance markets. Organic growth in the salvage market continues to be driven by we believe an increase in total loss frequency as high repair costs are leading to a higher percentage of accidents resulting in an economic total loss. We continue to aggressively develop our non-insurance business, which include franchise and independent dealers, finance companies and leasing companies, fleets, charities, municipalities, equipment dealers and wholesalers. The growth in volume was spread broadly across multiple seller segments. Volume from dealers was up 29%, finance companies 11%, wholesalers 54%, rental car companies 30%, and fleet and industrial equipment up 77%. The only segments in which we experienced declines were charities and municipalities as we intentionally restricted our sales and marketing activities in these low profit segments. We have successfully grown our non-insurance volume as we develop better systems integration into fleet, bank and dealership operating systems, developed a more focused internal programs targeting the specific operational needs of individual segments as we continue to increase the returns that we're delivering to our non-insurance sellers. In total, our US non-insurance volume grew by 14% and 44% over the same quarter last year and the same quarter two years ago. However, excluding charities and municipalities, our non-insurance volume grew by 30% and 116% for the same quarters. In total, non-insurance business represented approximately 25% of our total US volume. In the US, our service revenue per car, excluding the impact of Harvey on a quarter basis was up almost 6%. The increase in revenue per car was due primarily to higher ASPs, which grew by 12.7% as more than half of our total revenue per car is tied to the ultimate selling price of the vehicle. The increase in ASPs were driven by a number of factors: a 4.5% increase in the value of used cars as measured by the Manheim Index, which in October reached the 140 mark for the first time, a 15.2% increase in the value of crushed car bodies, beneficial mix of cars sold as non-insurance cars of the powersports vehicles are generally run and drive and yield a higher selling price, the increase of our digital marketing activity, and the continuing trend of insurance companies totaling newer, more valuable and less severely damaged vehicles. We continue to expand our remarketing activities and to enhance our auction platform. On a quarter-over basis, the number of unique bidders was up almost 25% and the increase the number of bids received per lot was up almost 6%. Our outreach to international buyers continues. Our US website is now translated into seven languages. These languages are native to 135 countries. We now sell cars from our US yards to 147 countries. Despite the headwinds caused by the stronger dollar, buying activity from international buyers on a quarter-over basis increased. Total sales to international buyers was over 23%. When we include all export activity including buyers with domestic addresses who only export, our international market represents over 34% of all (ph) units sold. We believe these activities contributed to the record US ASPs and auction return percentages. Now turning to our international operations. Our revenue grew from $68 million to $90.2 million or 32.5%. International service revenues grew from $42.7 million to $51.2 million or 19.9%. Our purchase car revenue grew from $25.3 million to $38.9 million or 53.9%. EBIT grew from $17.9 million to $21.1 million or 18% as purchase car revenue inherently yields a lower margin per vehicle. Volume grew by 14.3% driven primarily by growth in the UK, Germany, and Brazil. Jeff and Jay will provide far more detailed comments on our progress in Germany later in the call. Globally, we are seeing rising diesel fuel prices, labor and health insurance cost. Nevertheless, when adjusting for the abnormal costs associated with Hurricane Harvey last year and Hurricane's Florence and Michael this year, our average cost to process each car grew by only 2.7% in the US and 3.5% worldwide over the same quarter last year. In total, the incremental costs this quarter associated with Hurricane's Florence and Michael was approximately $4.3 million. To provide the CAT support our insurance customers come to expect, we must make financial commitments early in the CAT process. Accordingly, before the storm hits, we obtain and we stage equipment and people. We obtain additional land capacity and we arrange for additional sub-haul (ph) capacity. We do this on a scale appropriate for the worst possible scenario. For hurricane's Florence and Michael, we relocated 180 people, 75 loaders (ph), we arranged for an additional 500 trucks for sub-haul capacity and we committed to 17 new temporary property leases. We'd like to acknowledge the outstanding work of our CAT teams and to reinforce Copart's continued commitment to supporting our insurance customers during all CAT activity. Our CAT adjusted inventory was up in the US, internationally and worldwide by 10.4%, 14.1% and 10.9% respectively. The growth in US inventories suggest a continuation of a double-digit quarterly volume growth expectations. Accordingly, we remain extremely active in our yard expansion program to accommodate the growth and in support of our effort to provide permanent CAT capacity in CAT regions. During the last quarter, we entered into 21 land purchase and lease contracts. We closed on 11 contracts. In North America, we are currently engaged in 26 land development projects representing over 1,200 acres of capacity. That concludes my brief comments. Now we'll turn the call back over to our CEO, Jay Adair for further comment. A. Jayson Adair -- Chief Executive Officer Thank you, Will. Good morning again everyone. Before we discuss Germany, I'd like to give you an overview of the UK. We knew 15 years ago that we need to be a global business to win. We entered the UK in June of 2007 with an acquisition of a small company that had three locations called Century Salvage. Shortly after that, we purchased Universal Salvage giving us nine locations across the UK. Today, we have 15 locations allow us to pick up quickly and economically across the UK. To win, we knew we needed a network of locations. We grew the business organically by winning new business, by opening additional yards, and through some future acquisitions. For those of you that have followed us over the years, you know that we used to act as principal on the vast majority of the insurance cars that we sold in the UK. At the beginning, we didn't have the track record in the UK that we obviously had in the US. So we were happy to buy cars and make money in the process. Over time, we simply showed the carriers the favorable spreads that we were generating on our trades and in doing that, they shifted to a consignment model instead of selling their vehicles to us. We do this because it is better to be on the side of our customers as a partner rather than as a vendor purchasing vehicles. Now, Copart UK is the number one place to go to buy a salvage vehicle in the UK, selling well over 300,000 units a year and generating the highest returns in the market. To deliver on the Copart promise, in Germany, we have a network of yards, a marketplace, people, and the technology to deliver on that promise and I'm happy to say that we're there today in Germany. Because Will is focused on running the US, Jeff has been able to spend a lot of time working on Germany to get us to this point. So I'd like to turn it over to Jeff now to give you an update on the German operations and I'd like to thank all those that were involved in the last six months in Germany on making the success that we've seen happen for Copart. Jeff? Jeffery Liaw -- Chief Financial Officer Thanks, Jay. On the topic of Germany, Germany you've heard piecemeal from us of course over the years and as promised on the first quarter call, we wanted to take this opportunity to describe the opportunity and our status in greater detail. I'll start first with a description of the German industry more broadly. The German insurance market -- auto insurance market operates very differently from the UK and the US with respect to total loss claims. In the US for example, when you as a covered policyholder total your car, the insurance company effectively buys the car from you and what happens thereafter is invisible. As you know, the insurance company then consigns the car through Copart and keeps the proceeds of the auction. In Germany by contrast, nearly every car in an accident, even a mangled one, is owner retained. So when an accident occurs, the insurance company estimates how much value the policyholder has lost by comparing the pre-accident value or PAV of the car with a post-accident residual value of the vehicle and pays the policyholder that loss of value. How does the insurance company assess that post-accident value? The carrier registers the car on multiple listing services. In effect, miniature auctions on which buyers bid for vehicles. The insurance company generally then chooses the highest bid from across all of these listing services to be the quote residual value from which the indemnity payment is calculated and then paid to the policyholder. The policyholder then has a 21-day option period to sell the vehicle to the listing service auction quote winner at the residual value just established, but there's a catch, these listing services are a really tough experience for the buyers themselves. First, the buyers are obligated to honor their bids for a full 21 days after bidding tying up their capital. Second, the buyers have the obligation to buy the car, but the owner of the vehicle does not have an obligation to sell it to them creating a fairly severe adverse selection problem. And thirdly, perhaps most importantly, they will ultimately close on fewer than one in 10 vehicles on which they are the quote winning bidder on a listing service. That makes it impossible to plan their own dismantling and rebuilding business and of course, it further complicates tying up capital on cars you largely won't win. So the punch line is that buyers are constrained by their capital and how many vehicles they can bid on and given adverse selection, will bid depressed values for cars. So who ultimately loses in this inefficient process? Insurance carriers are establishing their indemnity payments or their financial losses on claims based on what is an artificially depressed residual value. The cost is paid by them and ultimately by German policyholders who have to cover excess loss costs with their premiums. We'll then turn our attention to Copart Germany's evolution. In 2012, recognizing that we needed to understand the market firsthand, we acquired Wreck Online Marketplace, one of the leading listing services in Germany. Then in 2016, we opened our first auction location in Germany in Bad Fallingbostel near Hanover. In our last earnings call, we talked about evolving our strategy in Germany as well. That evolution in short is as follows: we intend to pursue insurance company consignments in parallel with our efforts to purchase cars in our listing service. In the past, when we've entered new markets as Jay just described, in the UK for example in 2007 and in the charities business in the US, we have sometimes established our presence by buying cars first. We intend to move very quickly to build the infrastructure that advantages Copart in our more mature market, that includes the land that enables us to store cars efficiently, I'll talk more about land in a moment, trucks in a geographic footprint enables us to tow cars economically, and vehicle auction volume that attracts buyers and sellers alike. In 2018 so far, we have announced our next six locations. That physical footprint is critical because it enables fast pickup across the entire country and a central capability in a competitive marketplace for cars. It enables cost efficient pickups. As you've heard us describe in the US in the past, every yard reduces towing costs and improves pickup times because every yard is closer to some of the cars than (ph) our current network would be. And lastly it's worth noting the importance of buyer convenience because the majority of the cars that we sell through Copart Germany auctions are purchased by foreign buyers outside of Germany. Having yards enables our buyers to accumulate vehicles and pick them up more efficiently in larger batches. Regarding our progress beyond land, we are purchasing and selling vehicles in Germany at a meaningful positive spread at our Copart auction locations. Every car we buy and sell adds to our knowledge base and improves our ability to buy and sell the next subsequent car. Our intention is to run bi-weekly auctions at each of the sites we have announced with more to come. We're hiring staff for our yards as well as drivers for our trucking network. We use a combination of owned trucks and third-party sub-haulers to build out our logistics network. We've deployed our next generation IT system which we call COBALT (ph) in Germany as well. Ultimately, we believe that the strategy we're pursuing in Germany is broadly applicable with some local refinements to the other large economies in Western Europe. We started with a buyer in Germany and let's finish there as well. For the first time in Germany, the Copart Germany model will deliver an actual certain auction process. A buyer who bids on a car and provides the highest bid on a vehicle will ultimately own the car. We, for the buyers benefit, now have the logistics benefit of multiple locations at which a buyer can store cars until they officially pick them up. As a general practice over the past 25 years or so, we tend to tell you what we've done after the fact as opposed to promising it in advance. We'll continue to honor that approach in general, but we recognize that Germany and Western Europe are substantial enough opportunities to warrant a more substantial check in as we have provided today. We look forward to growing our business in Germany for many years to come. We're energized by the progress and momentum in Germany thus far and are excited by the size of the opportunities ahead of us. With that, we'll turn it back to the moderator for Q&A. Questions and Answers: Operator Thank you very much. (Operator Instructions) Our first question will come from Craig Kennison, Baird. Craig R. Kennison -- Baird -- Analyst Good morning. Thanks for taking my question and thanks for the terrific summary on Germany. I had a question on the consumer experience in Germany. How does a German consumer find out about Copart or your listing service and is there anything you need to do to promote the service in ways that you don't have to promote it in the US? Jeffery Liaw -- Chief Financial Officer The consumer, Craig, I would argue is a participant today in the total loss process as you heard us just describe, the insurance carrier provides them with the indemnification payment for their loss, then hands them the details of an offer provided by a third-party. It's then the consumer's responsibility to orchestrate that subsequent sale of the car to that winning bidder from the listing service. So if anything in Germany today, the consumer is arguably too involved in that process. You can imagine they are trying to orchestrate the sale of a one-off vehicle from your home or from a repair shop to an individual you have never known in the past and will never see again in the future who may in fact even be picking up a car from a foreign country is a complicated endeavor. I don't think that Copart's branding among consumers is essential in Germany. I think building our network and building our credibility with insurance companies and certainly with buyers which I think you know we already have tremendous credibility with the international buyer base. That's much more important than winning the hearts and minds of the consumers individually. Craig R. Kennison -- Baird -- Analyst So if you think of all of the totaled cars in Germany, to what extent are you getting a listing opportunity on those cars? What's your market share of listing opportunities if you will in Germany? Jeffery Liaw -- Chief Financial Officer That's frankly hard to quantify, Craig, in part because for every car that does experience a severe accident like that, carriers generally speaking will list the car on multiple services, WOM or Wreck Online Marketplace, the business I described a few moments ago is certainly one of the handful of clear market leaders. So, our market share position I described is strong without being able to quantify precisely. Craig R. Kennison -- Baird -- Analyst And then the final question on Germany here, just obviously you are purchasing a higher percentage of cars there at a more or less kick-start liquidity. Can you give us a feel for the economics of that and how quickly you can turn a car. So if you invest, you know, a few thousand dollars in a car, how quickly does that car turn over? And thank you. Jeffery Liaw -- Chief Financial Officer It turns over reasonably quickly. The timing process is certainly not more complicated than it is in the US for example so the turnover isn't a challenge per se. The economics I think the punch line is that we have been able to buy the cars on these listing services, subject to the same adverse selection problems I just described for the marketplace broadly, then turn and sell them at Copart Germany and earn positive profits in the process of doing so. I think that the sample size at this point is probably not large enough to provide a very detailed unit economic P&L picture, but the punch line is we are able to make money as evidence then that the current listing service model is inefficient and costing carriers and policyholders more than it should. Craig R. Kennison -- Baird -- Analyst Thanks for the detailed overview. Jeffery Liaw -- Chief Financial Officer Thanks, Craig. Operator Thank you very much. Our next question will come from Bob Labick, CJS Securities. Lee Jagoda for Bob. Good morning. A. Jayson Adair -- Chief Executive Officer Good morning. Operator So just following up on Germany, I take it you guys have about 11 new yards in Germany today. What do you think you need to be fully built out in Germany and how long do you think that, that process could take before we see multiple insurers actually buy in? William Franklin -- Executive Vice President-US Operations and Shared Services Okay, well we've announced to date eight locations correct? Jeffery Liaw -- Chief Financial Officer Seven. William Franklin -- Executive Vice President-US Operations and Shared Services Seven, OK. We've announced seven locations and we will end up announcing 12 by the time we're done. I would argue we've got enough of a network now we can handle cars. So we've got more than enough capacity. We can pick vehicles up quickly and we're not picking them up economically yet, but we'll be there very soon, I'd say within 90 days, we'll have the economics right that we'll be happy with what is costing to get a vehicle picked up. The next step is the marketplace, so we're -- by acquiring all these vehicles as Jeff said, we're getting a strong feel for what they're worth so we can be even more competitive buying more vehicles and making a spread on those vehicles. So that will improve, but what's more important than really buying vehicles and making a spread is that we're creating a marketplace where our customers when they come to Copart, they're guaranteed to get that car. This isn't about going on a platform and one out of 100 times I submit a bid, I end up getting the car because most of the time I'm out-bid, I don't know it, and then when I am high bidder, the insured decides not to sell it to me because they flip it to the dealer or to somebody else, so through adverse selection. So this is a sure thing, guaranteed that when I bid on Copart, I will get the car. All of our auctions or I should say the majority of the cars that we're selling at auction are not on reserve. So there are no reserve auctions or if you bid, you own it. So that has been our focus, our focus has not been on getting insurance companies to come onboard yet, because it's about building the network, it's about building the logistics, it's about having the marketplace where buyers are coming every single day and finding product and buying that product and by doing all that through our people and our technology, we'll then go to insurance companies and show them our spreads, very similar to what I said in my opening comments that we're going to show them the spreads we're making and say why don't you just processing it this way instead of doing it through the platforms. Additionally, as Jeff said and this is one of the biggest parts to me, it's not only that we think there's money being left on the table due to an inefficient marketplace and that's why they list -- literally there are major insurers that list on all three of the major platforms because they'll get different bids through the platforms. So that piece is important, but to me what's more important is that you're -- in Germany, you are telling the insurer that your vehicle is worth EUR30,000 prior to the accident, it's now worth EUR10,000 after the accident, you are giving him a check for EUR20,000 and telling them to dispose of the vehicle to a buyer that they have no idea what the process is. So, not only do they have the option of selling to that buyer, but then they've got someone that is at the shop or maybe the vehicle is at their home and they've got an adjuster that's talking to them and they are an appraiser and they are working all these to figure out who should I sell the vehicle to in the end and have to deal with that. So, it clearly is our belief that if they are given a check for EUR30,000 and the vehicle is picked up and disposed of and they never have to deal with it, it's a far superior customer experience from the insurance company's perspective and from the insured's perspective. Operator That makes all the sense in the world. Just so I'm clear though, how many if any insurance companies are currently participating on your platform today and as outsiders what are the next milestones we should be looking for? William Franklin -- Executive Vice President-US Operations and Shared Services Yes, we have a few, I'd say three maybe four customers that are starting to utilize the website now to sell vehicles, but it's not in any way material yet, they are more wanting to try some recovered theft vehicles, some hail damage vehicles et cetera to dispose those vehicles. There's a transformation that has to take place where they're not just dealing with inventory that they're stuck with in the sense of recovered theft or hail damage, but that they actually say that this is the process going forward and again I can't -- I really can't state it enough, Jeff and I and the rest of the team have been making a number of trips to Germany in the last six months and I can't tell you how confident I am that we're going to see insurers that will switch to the process. It's just -- the numbers don't lie. When you look at the returns we're getting on vehicles and you see the amount of times that the insured sells the vehicles somewhere other than the platform, those two combined plus the experience for the customer I think you're going to see in the next six months some customers switching their process and converting to Copart and the Copart model. Operator Good, that sounds great. Thank you very much for the color. William Franklin -- Executive Vice President-US Operations and Shared Services You're welcome. Operator Thank you very much. Our next question will come from Stephanie Benjamin of SunTrust. Stephanie Benjamin -- SunTrust -- Analyst Hi. Good afternoon. Thank you for the question. I just kind of wanted to go back in again on Germany and kind of thinking through here obviously there's a lot that's been done in the last year from building infrastructure, the IT system and just what I'm assuming a lot of investments in the initiative. So just kind of we think going forward should we be expecting significantly more investments or are we this is kind of the run rate and to kind of look at it this point going forward or just kind of trying to get a gauge on where we are from just an investment standpoint. And then lastly, I just kind of wanted to follow up on the last question in just thinking about if you have received any push back from insurance companies or any reason so far where maybe they're just not getting it or why they wouldn't immediately switch just considering the returns you can show them. That would be great. Thanks, again. Jeffery Liaw -- Chief Financial Officer Thanks, Stephanie. I think as you know, we tend not to provide any forward-looking guidance on any aspect of our P&L, revenue, cost or otherwise, but in short I think you can tell from this description today that we have made real strides in Germany, but still have meaningful growth aspirations from here as well. So certainly our hope is that we are investing much more capital because that's a reflection then of ongoing growth in the business. I don't think we're prepared to quantify that for you in any way quick (ph). As for your second question about any resistance from the insurance carriers, I don't think there is a lack of willingness or interest. I think the point is that a model like the one in Germany has evolved for a reason and there are tax and regulatory and commercial practices that have been long-standing in Germany. This is a radically different model, I think very clearly superior, but it certainly will take time to prove to them as Jay was describing to you the principal car purchase path that the economics are overwhelming and so there is no resistance per se, I'd say strong interest, strong curiosity in our model. Stephanie Benjamin -- SunTrust -- Analyst Great, I appreciate the color. Thanks again. Operator Thank you very much. Our next question will come from Daniel Imbro, Stephens Inc. Daniel Imbro -- Stephens Inc. -- Analyst Hey, thanks. Good morning. Thanks for taking my questions. I wanted to follow-up -- a quick one on Germany. You know I think you guys mentioned there are three major platforms in the German market, but given the higher returns that you're generating with your model, do any of the incumbent players have the ability or desire to change strategy as they see you guys succeeding in that market? Jeffery Liaw -- Chief Financial Officer We haven't seen any indication that they are -- that they have the desire and I think we have a fairly strong reason (ph) they wouldn't have the ability regardless. So recall that a majority of the buyers at Copart Germany today are international. So that's on the backs of Copart's global reputation on the back of Copart's already established international buyer base. If somebody tried to replicate that from scratch solely for the purposes of having a more competitive listing service in Germany, I think that would be a tall order. So no, there's no indication that they have endeavored to do so and some skepticism anyway on our part that they could. Daniel Imbro -- Stephens Inc. -- Analyst Okay, and then staying over there in Europe, with Brexit and the UK right now, can you maybe just talk through how you guys think different outcomes could play out in your business or for one, what percentage of the UK business is exported to Continental Europe and how a potential Brexit outcome could change or disrupt your UK operations? Jeffery Liaw -- Chief Financial Officer I think you saw some disruption a couple of years ago and a year ago with wild currency fluctuations. That certainly affects our business as you know in multiple ways and so when the pound is weaker, the earnings are reflected in our P&L at a much lower US dollar rate. That said, I think Brexit clearly remains very much a TBD as the portion of cars are sold outside the UK, I don't think we disclosed that number, but it is meaningful. So there are cars in the UK that go to other places within Europe and practically beyond Europe as well. We expect trade to continue of those cars and precisely at what tariffs and under what regime will ultimately emerge I think remains to be seen. Daniel Imbro -- Stephens Inc. -- Analyst Thank you guys, and then one last one, moving back to the US business, we seem to have been US salvage industry growth slowing a little bit. And part of that is noise from the cat events, but even so shaking out the mid-single digit range, what are you guys seeing in the industry today and has your volume outlook that you previously indicated of kind of high-single digit industry growth, has that changed at all? Thanks. A. Jayson Adair -- Chief Executive Officer Not really. It may have moderated slightly but given the difficulty in getting land, we really haven't reduced our efforts and expansion in any meaningful manner. And these trends -- we try not to react for quarterly changes in trends. We think that in the long run that we're going to see increases in total loss frequency just because of all the dynamics that you all heard about pre and post repair inspections and scans or complex cars and younger cars, all that intuitively leads us to the conclusion that total loss frequency will continue to grow. Daniel Imbro -- Stephens Inc. -- Analyst Thanks, best of luck. Operator Thank you. Our next question will come from Chris Bottiglieri, Wolfe Research. Chris Bottiglieri -- Wolfe Research -- Analyst Hi, thanks for taking the questions. Just first one to the -- global inventory ex-cat was up 10%, or ex-hurricanes when you call that way, and volume was up 4%, I guess how many points of that inventory growth was from international and then like what else would you attribute the accelerated (ph) exit rate from? A. Jayson Adair -- Chief Executive Officer I think we gave that. I mean international was up 14% and US was up 10.4%. So there was (technical difficulty) internationally. Chris Bottiglieri -- Wolfe Research -- Analyst Okay and why such strong growth in inventory growth in the US then looking forward, what do you see that's driving that? A. Jayson Adair -- Chief Executive Officer We don't predict. We can look backwards and say that our average volume growth rate over the last 17 quarters has been 10% and while there will be natural fluctuations from quarter-to-quarter, we really don't see influences change significantly that have driven that thus far. So we think it's going to be in that range. Chris Bottiglieri -- Wolfe Research -- Analyst Got you. Okay. I'm trying to understand the European market all a bit matter both on the supply side and the demand side. At this point, sourcing for the insurers, is the super majority of your purchases coming from listing services and then what would the mix like of your own wreck listing service versus the third-party ones? Jeffery Liaw -- Chief Financial Officer (multiple speakers) I mean you heard Jay describe a handful of customers who are consigning cars to us but still the strong majority of the cars sold in Copart Germany today are cars purchased on our listing service. Chris Bottiglieri -- Wolfe Research -- Analyst Got you, OK, and then demand side, can you talk about the customer mix, how that might differ from what you see in the US, can you give us a sense of -- I don't think there is a very big salvage part industry in Europe yet today, so could you maybe talk about how the buyers are different and kind of how you see it evolving if you do to remain (ph) in this market? Jeffery Liaw -- Chief Financial Officer I think the buyers are ultimately somewhat similar because they are from outside of Germany, so some of the countries that are meaningful buyers even in Copart US cars today have become the buyers of Copart Germany vehicles as well. They are no doubt dismantling a portion of the cars for parts and are no doubt rebuilding a good number of them to be put back on the road as well. Chris Bottiglieri -- Wolfe Research -- Analyst Okay, thanks for the help. Operator Thank you very much. Our next question will come from Gary Prestopino of Barrington Research. Gary Frank Prestopino -- Barrington Research -- Analyst Good morning everyone. Well, you cited various categories of growth in the non-insurance side. I got, it was dealers were up 29%, could you give me the other segments and the growth that you saw there? A. Jayson Adair -- Chief Executive Officer (multiple speakers) Sure, finance companies which includes banks and leasing companies was up 11%, wholesalers is up 54%, rental car companies was up 30%, and industrial equipment companies were up 77%. Gary Frank Prestopino -- Barrington Research -- Analyst Okay. Thank you. And then 25% of your total US volume in this quarter was non-insurance. What was the percentage last year? Do you have that handy? A. Jayson Adair -- Chief Executive Officer I do. It was a little over 22%. Gary Frank Prestopino -- Barrington Research -- Analyst Okay, and then just with these non-insurance cars, I would assume that they get sold a hell of a lot faster than the salvage vehicles, you don't have to clear title and settle with an insurance company on that. Does that -- as these grow as a percentage of your US cars sold, does that kind of somewhat distort your inventory growth in a sense that these cars are flushing out a lot quicker versus the salvage cars? A. Jayson Adair -- Chief Executive Officer It can, so each segment that we talk about has its own profiles, its own characteristics. So you might make assumptions about a quicker cycle time overall. Some segments are actually a slower cycle time, but in general, you're right it has a -- as a group a quicker cycle time and therefore increases the velocity of our yards, improves the utility of our land. Gary Frank Prestopino -- Barrington Research -- Analyst Okay and then just so I make sure I'm understanding Germany. Germany it's an owner retained. You're actually still going to the owner and buying the car, correct? You are not -- the insurance company is not retaining the car in what you're doing? A. Jayson Adair -- Chief Executive Officer Correct. Gary Frank Prestopino -- Barrington Research -- Analyst All right, do you and I know, Jay, mentioned that, obviously you're going to try and employ the same strategy that you used in the UK to move from a principle (ph) agency over time but are there any UK insurers that are writing in Germany right now that could maybe be you know take the lead in this and kind of start nudging the German insurance companies toward going to this contingent basis? A. Jayson Adair -- Chief Executive Officer Yes, Gary, we're just in the process right now of preparing the data to share it. So our approach has been very simple. We felt without a marketplace and without a network, we couldn't offer an insurer a vehicle in Munich our service and then have to tow it six hours north up to Hanover. So we've got the network now, we've got results of the auctions that we can share and it's really about sharing that data in the next 90 days and one of the most compelling parts of this to me is yes, we're making a spread and you can see that and that's great, but one of the most compelling parts is the fact that when they are high bidder on one of the platforms -- when a buyer is high bidder on one of the platforms and that is the high bidder that is given to the insured, that the majority of the time the insured doesn't sell at him. So there's a whole secondary auction that's taking place and the platform writes is the number that the insurance company uses. So that's the number that they're saying OK, your car is worth 10 grand, it was 30 before the accident. Here's a check for 20 and this buyer will buy it off you and then the majority of the time, the insured does not sell it to that buyer. Instead they go out into the secondary market through people that work at the BMW dealership that's doing the repair, through other sources they're going out because (technical difficulty) came out to them and it's not too hard in Germany, we figured that out -- it's not too hard in Germany to figure out where a damage -- obviously in the US, I'll give the example, it's not too hard to figure out where a damaged Ferrari is in Dallas, there's not that many dealerships. When you get into Germany, it's not that hard to figure out where a damaged BMW or Mercedes is in Munich. And so you can make phone calls and talk to them or you even have a route where you just walk into the dealerships and you look at the salvage and they put you in touch with the insureds (ph) and you're buying that product off of them for more than the platform bid. So this is really about showing the insurance company, it's not only a better service for the insured, but it's about showing them that there is this whole secondary auction, it's an inefficient marketplace and the biggest frustration we talk to our buyers, why do they love Copart so much, the biggest frustration is they bid on the platforms and the majority of the time, they don't get the car. They've been on Copart, 100% of the time they get the car and that allows a buyer to know exactly what they're going to repair, if they need parts, they've got the parts, if they're going to do a rebuild, they've got the vehicle for rebuild and then they can store it at Copart for the next two weeks while they build a run and send a truck out to pick nine cars up and haul them back to Poland. So that's really -- the benefits there are really obvious and it's just about us in the next 90 days (ph) articulating that now to customers. Gary Frank Prestopino -- Barrington Research -- Analyst Thank you very much. A. Jayson Adair -- Chief Executive Officer You're welcome. Operator (Operator Instructions) Our next question will come from James Albertine, Consumer Edge. James Albertine -- Consumer Edge -- Analyst Thank you so much and good morning to everybody. Great details on Germany, a lot of questions obviously already and I know you don't give guidance. So I wanted to ask sort of a rearward-looking question here a little bit. Are you, can you tell us rather if you're on plan or if you're slightly ahead of plan with respect to your -- what you had budgeted for growth in Germany and the reason I ask, given the radical change you're bringing to the market and the tax and regulatory setup, I want to understand what the impetus may have been whether it's consolidation of buyers or sellers or what have you that may have accelerated the investment there in Germany and if we can think about the rest of Europe potentially being a little bit faster as that market consolidates over time? A. Jayson Adair -- Chief Executive Officer Okay, well I think the big change is that we have spent the last two years trying to understand the marketplace with a single location and you know, it's a learning process, the first part I'd say, you've got to learn how the market works and there's been a lot of us trying to figure out why is the insured, why is our buyer on our platform the high bidder and they don't get the car. And then you eventually realize as you reach out and make phone calls and talk to people, you find out and you kind of decipher how the marketplace works and that's how we've now come to the conclusion that there's a secondary auction that takes place, a bunch of other facts that we know about the marketplace and I would say that it's a big investment in time and it's a big investment in dollars and we wanted to make sure that we knew that our model in our minds would work and we came to that conclusion this year and that's why we opened up so many locations to build a network of facilities where we can pick cars up quickly, store them, liquidate them at auction and replicate that process over and over and over. So it was really about being prudent in our approach upfront and learning and we've spent the last two years doing that and now we're in a very quick pace to accelerate the market in terms of units going through auction and accelerate the market in terms of getting clients to convert now to the Copart model. And this is simple math, right. They're going to convert and the insured is going to be happier that they don't have to deal with a buyer coming in at eight o'clock at night to pick the vehicle up and so that's a win. They're going to see net promoter score increases from a customer service standpoint and they're going to see more money in their pocket because they are not losing the vehicle in the secondary auction. So this should benefit the insured and benefit the insurance company and our research so far proves that to be the case. Do you want to add to that? James Albertine -- Consumer Edge -- Analyst Maybe as a quick follow-up then Jay, if I may. Given the progress you've made, the learnings, and the breakthrough you've had or seems that you're having in Germany, does that lower the degree of difficulty to go laterally kind of across Europe or will you have to effectively start over in a similar way as you did in Germany if you were to shift into other markets and then if I can ask one of Jeff, you know you talked about the economics and you said it's profitable, look your ROIC over time, I would guess this is a very compelling opportunity economically, but from a modeling perspective and there's no guidance here, but wanted to get a sense -- this must be coming on as sort of dilutive to your corporate EBITDA margins near-term I would imagine. Is that a fair assessment while you're maturing in that market? Jeffery Liaw -- Chief Financial Officer So, let me tackle those questions individually. First is your question as to the rest of Western Europe. It's certainly the case that we are building the muscle memory now to understand how to roll out in a market with some level nuances and its own refinements. Certainly our ability to succeed in Germany will inform our process in other countries. So there will be additional work to be done. So it's not simply replicating the next morning in Spain or in France or otherwise, but I think, we will have enhanced our capabilities and enhanced our reputation and the friction should be lower for the next iterations of this approach. As for the probability of the model, I'd first note that, given the principal nature of it, I suppose, if you wanted to literally talk about the math on a -- because they are principal cars, they are clearly dilutive to the margin rate both on the gross line and the operating profit line. As for how the balance of it will evolve over time, I think we'll just ask you to be patient and see in future quarters. We're not in a position to provide a forecast. James Albertine -- Consumer Edge -- Analyst No, understood and appreciate it and best of luck. Jeffery Liaw -- Chief Financial Officer Thank you. Operator Thank you. Our final question will come from Bret Jordan, Jefferies. Bret Jordan -- Jefferies -- Analyst Hey, good morning guys. A. Jayson Adair -- Chief Executive Officer Good morning. Bret Jordan -- Jefferies -- Analyst A quick -- I might've missed this. Did you size the German market? How many cars total there annually? Jeffery Liaw -- Chief Financial Officer We haven't. We characterize it as substantially larger than the UK market. For example, just by comparison, I think if you look at the metrics whether it's population, GDP, per capita GDP et cetera I think we believe it's meaningfully larger than the UK and we view the Western European market collectively as being similar or larger (ph) than the US. Bret Jordan -- Jefferies -- Analyst Okay, great. And then a question on the non-insurance US vehicles. Do a higher percentage of those go to export, in the sense that there's less concern around a condition report, what is essentially an old car, is your export mix shifting as that mix shifts? A. Jayson Adair -- Chief Executive Officer Certainly, some are appropriate for our export market, but I would say that, without knowing exactly because I haven't looked it up, I wouldn't (ph) think it'd be too materially different than our normalized 4% (ph). So 35% is probably an appropriate expectation. Jeffery Liaw -- Chief Financial Officer Right, directionally probably a little bit higher simply because the scrapped cars are sold in state. So a local car that's going to be melted down pretty much right away will be sold within a pretty narrow radius of the location of the yard and so simply by virtue, dealer cars generally not being melted down, there's probably a higher mix that go export, but I don't think the difference will be dramatic. Bret Jordan -- Jefferies -- Analyst Okay great. Thank you. A. Jayson Adair -- Chief Executive Officer Thank you. Operator Thank you very much. Ladies and gentlemen, at this time we have no further questions in the queue. So I'd like to turn the conference back over to management for any closing remarks. A. Jayson Adair -- Chief Executive Officer All right, thanks Chantelle. Thank you everyone for attending the first quarter call for Copart and we look forward to reporting on next year and wish you all a Happy Thanksgiving. Operator Thank you very much. Ladies and gentlemen at this time, this conference has now concluded. You may disconnect your phone lines and have a great rest of the week. Thank you. Duration: 58 minutes Call participants: A. Jayson Adair -- Chief Executive Officer Jeffery Liaw -- Chief Financial Officer William Franklin -- Executive Vice President-US Operations and Shared Services Craig R. Kennison -- Baird -- Analyst Stephanie Benjamin -- SunTrust -- Analyst Daniel Imbro -- Stephens Inc. -- Analyst Chris Bottiglieri -- Wolfe Research -- Analyst Gary Frank Prestopino -- Barrington Research -- Analyst James Albertine -- Consumer Edge -- Analyst Bret Jordan -- Jefferies -- Analyst More CPRT analysis Transcript powered by AlphaStreet This article is a transcript of this conference call produced for The Motley Fool. While we strive for our Foolish Best, there may be errors, omissions, or inaccuracies in this transcript. As with all our articles, The Motley Fool does not assume any responsibility for your use of this content, and we strongly encourage you to do your own research, including listening to the call yourself and reading the company's SEC filings. Please see ourTerms and Conditionsfor additional details, including our Obligatory Capitalized Disclaimers of Liability. 10 stocks we like better than Copart When investing geniuses David and Tom Gardner have a stock tip, it can pay to listen. After all, the newsletter they have run for over a decade, Motley Fool Stock Advisor , has quadrupled the market.* David and Tom just revealed what they believe are the 10 best stocks for investors to buy right now... and Copart wasn't one of them! That's right -- they think these 10 stocks are even better buys. Click here to learn about these picks! *Stock Advisor returns as of November 14, 2018 Motley Fool Transcribers has no position in any of the stocks mentioned. The Motley Fool recommends Copart. The Motley Fool has a disclosure policy . The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Copart shares are trading up 5.0% after the company beat Q1 revenue estimates and reported EPS up $0.14 year-over-year."", ""ClearBridge Select Strategy Portfolio Manager Commentary Q3 2018"", ""Copart, Inc. (CPRT) CEO Jayson Adair on Q1 2019 Results - Earnings Call Transcript"", ""Copart tracks higher after earnings"", ""Morning Call For Wednesday, Nov. 21"", ""Copart (CPRT) Q1 Earnings & Revenues Drive Past Estimates""]"
CPRT,2018-11-23,12.335,12.4575,12.1125,12.1825,"[""ClearBridge SMID Cap Growth Strategy Portfolio Manager Commentary Q3 2018"", ""ClearBridge SMID Cap Growth Strategy Portfolio Manager Commentary Q3 2018"", ""ClearBridge SMID Cap Growth Strategy Portfolio Manager Commentary Q3 2018""]"
CPRT,2018-11-26,12.355,12.6175,12.3225,12.5475,"3 Big Stock Charts for Monday: Visa, Copart and Paypal Holdings InvestorPlace - Stock Market News, Stock Advice & Trading Tips It may have only been a half day sandwiched between a weekend and a holiday, but in just that short period of time, the bears were able to tack on fair amount of losses. The S&P 500 ended Friday's action at 2632.56, down 0.66% to cap off a sizable full-week loss and log the lowest close since May. Doing the bulk of the net damage was Apple (NASDAQ: AAPL ), falling 2.5% most only the heels of news that it was discounting the iPhone XR in Japan due to poor sales. General Electric (NYSE: GE ) technically logged the bigger loss, however, closing 3%, making its lowest close since 2009 as the market increasingly prices in rising odds that it won't be able to dig its way out of its hole. There were some winners. Rockwell Collins (NYSE: COL ) gained 9.2% after China greenlighted its acquisition by United Technologies (NYSE: UTX ). There were just fewer winners than losers on Friday, however, leaving most stock charts poised to move even lower even if the broad market is ripe for a bounce. Among the most noteworthy names on the verge of even bigger trouble are Visa (NYSE: V ), Copart (NASDAQ: CPRT ) and Paypal Holdings (NASDAQ: PYPL ). Here's why. Visa (V) In mid-October, Visa looked like it was in trouble, only to turn things around right before falling under the pivotal 200-day moving average line. That bounce effort has petered out again though, letting V shares slide back below the 200-day line. 10 Triple-A Stocks to Buy for the Rest of 2018 This time, though, the event is framed by an even uglier backdrop. A rebound is even less likely now, and there's plenty of room for more selling. Click to Enlarge • The weekly chart of V stock puts things in perspective. The 2017/2018 runup was impressive, but left the credit card middleman's stock vulnerable to profit-taking. Friday's close below the 200-day moving average line, plotted in white, is a marked beginning of that kind of move. • On the daily chart, we've already seen or are nearing key bearish crosses of moving average lines. In particular, the pink 50-day moving average line is about to move below the 100-day moving average line. • The most plausible landing points, if this selling keeps going, are the Fibonacci retracement line at $121.70 or March's turbulence around $116. Copart (CPRT) Back in early October, Copart shares tried to turn things around from a rough September, but were struggling to do so. Namely, after falling under it in September, CPRT shares struggled to crawl back above the 200-day moving average line that's plotted in white on the daily chart. Since then, Copart has broken under the technical support level around $51, marked with a dashed line. Worse, that floor has since been defined as a ceiling that's giving the bears a chance to regroup and set the stage for another bearish leg. Click to Enlarge • Though capped under $51, the falling 50-day moving average line, marked in purple, is bearing down fast. The next bump of that line could shake CPRT out of its sideways range. • The slowdown in the selling isn't a complete surprise. The recent lows are right around the 38.2% Fibonacci retracement line at $47.80, which is based off of the major low in early 2016 and this year's high. • The trigger for the next wave of selling may well be a break below October's low around $46.20, plotted with a red dashed line. Paypal Holdings (PYPL) Finally, with just a quick glance, Paypal Holdings shares look like they're just going through a volatile patch. And, maybe that's all this is. Given all the bearish crossunders of key moving average lines we've seen since October, though, it might be wise to respect the possibility that the undertow has changed direction. One more downward move could break a key technical floor and open the selling floodgates. Click to Enlarge • The technical support line in question is currently at $75.77, but rising slowly. The floor, plotted with a red dashed line, has tagged most of the major lows going back to late last year. • In the meantime, the purple 50-day moving average line has fallen below the gray 100-day average, and is on the verge of moving below the white 200-day moving average line … a so-called death cross. • The weekly chart not only puts it all in perspective, but also shows where the next potential support level is. It's the $69.50 area, where PYPL found support several times a few months ago, and where the 38.2% retracement line presently lies. As of this writing, James Brumley did not hold a position in any of the aforementioned securities. You can follow him on Twitter , at @jbrumley. More From InvestorPlace 2 Toxic Pot Stocks You Should Avoid 7 Winning Stocks to Buy in November for 2019 7 Autonomous Vehicle Stocks to Consider Now 7 Biotech ETFs to Consider for 2019 Compare Brokers The post 3 Big Stock Charts for Monday: Visa, Copart and Paypal Holdings appeared first on InvestorPlace . The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. Sponsored Links This Is The Highest Rated Hearing Aid In The US hear.com The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
CPRT,2018-11-27,12.445,12.5525,12.3562,12.4975,
CPRT,2018-11-28,12.525,12.9375,12.4637,12.935,
CPRT,2018-11-29,12.9125,13.0108,12.7752,12.9275,"[""Copart Sees Its Composite Rating Rise To 96"", ""Copart Sees Its Composite Rating Rise To 96"", ""Cooper Tire & Rubber Company (CTB) Ex-Dividend Date Scheduled for November 30, 2018 Cooper Tire & Rubber Company ( CTB ) will begin trading ex-dividend on November 30, 2018. A cash dividend payment of $0.105 per share is scheduled to be paid on December 28, 2018. Shareholders who purchased CTB prior to the ex-dividend date are eligible for the cash dividend payment. This marks the 22nd quarter that CTB has paid the same dividend. At the current stock price of $34.76, the dividend yield is 1.21%. The previous trading day's last sale of CTB was $34.76, representing a -14.75% decrease from the 52 week high of $40.78 and a 53.98% increase over the 52 week low of $22.58. CTB is a part of the Consumer Durables sector, which includes companies such as Genuine Parts Company ( GPC ) and Copart, Inc. ( CPRT ). CTB's current earnings per share, an indicator of a company's profitability, is $.71. Zacks Investment Research reports CTB's forecasted earnings growth in 2018 as -33.06%, compared to an industry average of -7.5%. For more information on the declaration, record and payment dates, visit the CTB Dividend History page. Our Dividend Calendar has the full list of stocks that have an ex-dividend today. Interested in gaining exposure to CTB through an Exchange Traded Fund [ETF]? The following ETF(s) have CTB as a top-10 holding: Validea Market Legends ETF ( VALX ) Invesco Russell 2000 Pure Value ETF ( PXSV ). The top-performing ETF of this group is PXSV with an decrease of -7.5% over the last 100 days. VALX has the highest percent weighting of CTB at 1.38%. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Group 1 Automotive, Inc. (GPI) Ex-Dividend Date Scheduled for November 30, 2018 Group 1 Automotive, Inc. ( GPI ) will begin trading ex-dividend on November 30, 2018. A cash dividend payment of $0.26 per share is scheduled to be paid on December 17, 2018. Shareholders who purchased GPI prior to the ex-dividend date are eligible for the cash dividend payment. This marks the 4th quarter that GPI has paid the same dividend. At the current stock price of $57.44, the dividend yield is 1.81%. The previous trading day's last sale of GPI was $57.44, representing a -32% decrease from the 52 week high of $84.47 and a 9.6% increase over the 52 week low of $52.41. GPI is a part of the Consumer Durables sector, which includes companies such as Genuine Parts Company ( GPC ) and Copart, Inc. ( CPRT ). GPI's current earnings per share, an indicator of a company's profitability, is $11.43. Zacks Investment Research reports GPI's forecasted earnings growth in 2018 as 14.81%, compared to an industry average of 18.6%. For more information on the declaration, record and payment dates, visit the GPI Dividend History page. Our Dividend Calendar has the full list of stocks that have an ex-dividend today. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Copart Sees Its Composite Rating Rise To 96""]"
CPRT,2018-11-30,12.9325,13.0475,12.745,12.795,
CPRT,2018-12-03,12.985,13.045,12.58,12.685,
CPRT,2018-12-04,12.685,12.7675,12.26,12.32,"Genuine Parts Company (GPC) Ex-Dividend Date Scheduled for December 06, 2018 Genuine Parts Company ( GPC ) will begin trading ex-dividend on December 06, 2018. A cash dividend payment of $0.72 per share is scheduled to be paid on January 02, 2019. Shareholders who purchased GPC prior to the ex-dividend date are eligible for the cash dividend payment. This marks the 4th quarter that GPC has paid the same dividend. At the current stock price of $104.2, the dividend yield is 2.76%. The previous trading day's last sale of GPC was $104.2, representing a -3.29% decrease from the 52 week high of $107.75 and a 21.45% increase over the 52 week low of $85.80. GPC is a part of the Capital Goods sector, which includes companies such as Copart, Inc. ( CPRT ) and CarMax Inc ( KMX ). GPC's current earnings per share, an indicator of a company's profitability, is $4.96. Zacks Investment Research reports GPC's forecasted earnings growth in 2018 as 21.82%, compared to an industry average of 20.1%. For more information on the declaration, record and payment dates, visit the GPC Dividend History page. Our Dividend Calendar has the full list of stocks that have an ex-dividend today. Interested in gaining exposure to GPC through an Exchange Traded Fund [ETF]? The following ETF(s) have GPC as a top-10 holding: First Trust Nasdaq Transportation ETF ( FTXR ) NuShares Enhanced Yield US Aggregate Bond ETF ( NUMV ) Franklin Templeton ETF Trust ( FLQM ). The top-performing ETF of this group is FLQM with an increase of 1.46% over the last 100 days. FTXR has the highest percent weighting of GPC at 4.18%. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
CPRT,2018-12-06,12.135,12.305,11.9212,12.26,
CPRT,2018-12-07,12.2025,12.4025,11.735,11.82,"Monro, Inc. (MNRO) Ex-Dividend Date Scheduled for December 10, 2018 Monro, Inc. ( MNRO ) will begin trading ex-dividend on December 10, 2018. A cash dividend payment of $0.2 per share is scheduled to be paid on December 21, 2018. Shareholders who purchased MNRO prior to the ex-dividend date are eligible for the cash dividend payment. This marks the 3rd quarter that MNRO has paid the same dividend. At the current stock price of $82.09, the dividend yield is .97%. The previous trading day's last sale of MNRO was $82.09, representing a -2.71% decrease from the 52 week high of $84.38 and a 63.36% increase over the 52 week low of $50.25. MNRO is a part of the Consumer Services sector, which includes companies such as Genuine Parts Company ( GPC ) and Copart, Inc. ( CPRT ). MNRO's current earnings per share, an indicator of a company's profitability, is $2.14. Zacks Investment Research reports MNRO's forecasted earnings growth in 2019 as 14.52%, compared to an industry average of 14.1%. For more information on the declaration, record and payment dates, visit the MNRO Dividend History page. Our Dividend Calendar has the full list of stocks that have an ex-dividend today. Interested in gaining exposure to MNRO through an Exchange Traded Fund [ETF]? The following ETF(s) have MNRO as a top-10 holding: Invesco S&P SmallCap Consumer Discretionary ETF ( PSCD ) SPDR S&P Retail ETF ( XRT ) SPDR S&P 600 Small Cap Value ETF (based on S&P SmallCap Value ( SLYV ) First Trust Small Cap Growth AlphaDEX Fund ( FYC ) iShares S&P SmallCap 600 Value ETF ( IJS ). The top-performing ETF of this group is XRT with an decrease of -8.78% over the last 100 days. PSCD has the highest percent weighting of MNRO at 2.62%. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
CPRT,2018-12-10,11.7725,12.1725,11.7725,12.085,
CPRT,2018-12-11,12.2475,12.305,12.095,12.14,
CPRT,2018-12-12,12.3,12.54,12.245,12.315,"Sonic Automotive, Inc. (SAH) Ex-Dividend Date Scheduled for December 13, 2018 Sonic Automotive, Inc. ( SAH ) will begin trading ex-dividend on December 13, 2018. A cash dividend payment of $0.06 per share is scheduled to be paid on January 15, 2019. Shareholders who purchased SAH prior to the ex-dividend date are eligible for the cash dividend payment. This marks the 4th quarter that SAH has paid the same dividend. At the current stock price of $14.25, the dividend yield is 1.68%. The previous trading day's last sale of SAH was $14.25, representing a -39.62% decrease from the 52 week high of $23.60 and a 2.22% increase over the 52 week low of $13.94. SAH is a part of the Consumer Durables sector, which includes companies such as Genuine Parts Company ( GPC ) and Copart, Inc. ( CPRT ). SAH's current earnings per share, an indicator of a company's profitability, is $2.11. Zacks Investment Research reports SAH's forecasted earnings growth in 2018 as 4.65%, compared to an industry average of 18.7%. For more information on the declaration, record and payment dates, visit the SAH Dividend History page. Our Dividend Calendar has the full list of stocks that have an ex-dividend today. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
CPRT,2018-12-13,12.33,12.4325,12.235,12.345,
CPRT,2018-12-14,12.215,12.345,11.98,12.01,
CPRT,2018-12-17,11.9975,12.1325,11.7244,11.7975,
CPRT,2018-12-18,11.885,11.9325,11.55,11.74,"KAR Auction Services, Inc (KAR) Ex-Dividend Date Scheduled for December 19, 2018 KAR Auction Services, Inc ( KAR ) will begin trading ex-dividend on December 19, 2018. A cash dividend payment of $0.35 per share is scheduled to be paid on January 04, 2019. Shareholders who purchased KAR prior to the ex-dividend date are eligible for the cash dividend payment. This marks the 5th quarter that KAR has paid the same dividend. At the current stock price of $49.52, the dividend yield is 2.83%. The previous trading day's last sale of KAR was $49.52, representing a -23.28% decrease from the 52 week high of $64.55 and a 2.7% increase over the 52 week low of $48.22. KAR is a part of the Consumer Durables sector, which includes companies such as Genuine Parts Company ( GPC ) and Copart, Inc. ( CPRT ). KAR's current earnings per share, an indicator of a company's profitability, is $3.19. Zacks Investment Research reports KAR's forecasted earnings growth in 2018 as 17.05%, compared to an industry average of 8.8%. For more information on the declaration, record and payment dates, visit the KAR Dividend History page. Our Dividend Calendar has the full list of stocks that have an ex-dividend today. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
CPRT,2018-12-19,11.795,12.1825,11.7,11.76,
CPRT,2018-12-20,11.665,11.8925,11.6225,11.715,"Why Is Copart (CPRT) Down 6.1% Since Last Earnings Report? A month has gone by since the last earnings report for Copart (CPRT). Shares have lost about 6.1% in that time frame, underperforming the S&P 500. Will the recent negative trend continue leading up to its next earnings release, or is Copart due for a breakout? Before we dive into how investors and analysts have reacted as of late, let's take a quick look at the most recent earnings report in order to get a better handle on the important catalysts. Copart Q1 Earnings & Revenues Drive Past Estimates Copart reported adjusted earnings per share of 47 cents in first-quarter fiscal 2019 (ended Oct 31, 2018), beating the Zacks Consensus Estimate of 46 cents. In the year-ago quarter, the bottom line was 33 cents. Net income was $114.1 million, reflecting an increase of 47.2% or $36.6 million from first-quarter fiscal 2018. Copart's revenues rose 10.1% to $461.4 million from the year-ago quarter and surpassed the Zacks Consensus Estimate of $459 million. Compared with the prior-year quarter, service revenues increased to $394.8 million from $374.1 million. Revenues from vehicle sales were $66.6 million in comparison with $45 million in the first quarter of fiscal 2018. Gross profit improved 20% to $195.9 million from $163.3 million a year ago. Total operating expenses increased to $310 million from $295.2 million recorded in the prior-year period. Operating income increased to $151.4 million from $124 million a year ago. Financial Details Copart had cash and cash equivalents of $320.3 million as of Oct 31, 2018, compared with $274.5 million as of Jul 31, 2018. Long-term debt, revolving loan facility and capital lease obligations were $398.6 million as of Oct 31, 2018, similar to the figure recorded on Jul 31, 2018. At the end of three months of fiscal 2019, Copart generated net cash flow of $107.7 million from operations compared with $93.4 million in the year-ago period. How Have Estimates Been Moving Since Then? It turns out, fresh estimates have trended downward during the past month. VGM Scores At this time, Copart has a great Growth Score of A, though it is lagging a lot on the Momentum Score front with a D. Following the exact same course, the stock was allocated a grade of D on the value side, putting it in the bottom 40% for this investment strategy. Overall, the stock has an aggregate VGM Score of C. If you aren't focused on one strategy, this score is the one you should be interested in. Outlook Estimates have been broadly trending downward for the stock, and the magnitude of these revisions looks promising. Notably, Copart has a Zacks Rank #3 (Hold). We expect an in-line return from the stock in the next few months. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Copart, Inc. (CPRT): Free Stock Analysis Report To read this article on Zacks.com click here. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
CPRT,2018-12-21,11.77,11.945,11.44,11.475,"[""Cheyne Capital Management (UK) LLP Buys Carvana Co, GTT Communications Inc, RadNet Inc, Sells ..."", ""Cheyne Capital Management (UK) LLP Buys Carvana Co, GTT Communications Inc, RadNet Inc, Sells ..."", ""Cheyne Capital Management (UK) LLP Buys Carvana Co, GTT Communications Inc, RadNet Inc, Sells ...""]"
CPRT,2018-12-24,11.42,11.61,11.1525,11.235,
CPRT,2018-12-26,11.2975,11.87,11.2975,11.8575,
CPRT,2018-12-27,11.6925,12.0025,11.5375,11.955,"[""Copart Shows Improved Relative Strength; Still Shy Of Benchmark"", ""Copart Shows Improved Relative Strength; Still Shy Of Benchmark"", ""Copart Shows Improved Relative Strength; Still Shy Of Benchmark""]"
CPRT,2018-12-28,11.995,12.0875,11.7125,11.88,
CPRT,2018-12-31,11.955,12.0,11.8075,11.945,
CPRT,2019-01-02,11.725,11.99,11.6725,11.92,"[""Copart (CPRT) Gains From Auction Locations Despite High Costs"", ""Copart (CPRT) Gains From Auction Locations Despite High Costs"", ""Copart (CPRT) Gains From Auction Locations Despite High Costs""]"
CPRT,2019-01-03,11.8025,11.94,11.6625,11.7225,"First Week of August 16th Options Trading For Copart (CPRT) Investors in Copart Inc (Symbol: CPRT) saw new options become available this week, for the August 16th expiration. One of the key data points that goes into the price an option buyer is willing to pay, is the time value, so with 225 days until expiration the newly available contracts represent a possible opportunity for sellers of puts or calls to achieve a higher premium than would be available for the contracts with a closer expiration. At Stock Options Channel , our YieldBoost formula has looked up and down the CPRT options chain for the new August 16th contracts and identified one put and one call contract of particular interest. The put contract at the $45.00 strike price has a current bid of $2.95. If an investor was to sell-to-open that put contract, they are committing to purchase the stock at $45.00, but will also collect the premium, putting the cost basis of the shares at $42.05 (before broker commissions). To an investor already interested in purchasing shares of CPRT, that could represent an attractive alternative to paying $47.08/share today. Because the $45.00 strike represents an approximate 4% discount to the current trading price of the stock (in other words it is out-of-the-money by that percentage), there is also the possibility that the put contract would expire worthless. The current analytical data (including greeks and implied greeks) suggest the current odds of that happening are 64%. Stock Options Channel will track those odds over time to see how they change, publishing a chart of those numbers on our website under the contract detail page for this contract . Should the contract expire worthless, the premium would represent a 6.56% return on the cash commitment, or 10.64% annualized - at Stock Options Channel we call this the YieldBoost . Below is a chart showing the trailing twelve month trading history for Copart Inc, and highlighting in green where the $45.00 strike is located relative to that history: Turning to the calls side of the option chain, the call contract at the $50.00 strike price has a current bid of $3.50. If an investor was to purchase shares of CPRT stock at the current price level of $47.08/share, and then sell-to-open that call contract as a ""covered call,"" they are committing to sell the stock at $50.00. Considering the call seller will also collect the premium, that would drive a total return (excluding dividends, if any) of 13.64% if the stock gets called away at the August 16th expiration (before broker commissions). Of course, a lot of upside could potentially be left on the table if CPRT shares really soar, which is why looking at the trailing twelve month trading history for Copart Inc, as well as studying the business fundamentals becomes important. Below is a chart showing CPRT's trailing twelve month trading history, with the $50.00 strike highlighted in red: Considering the fact that the $50.00 strike represents an approximate 6% premium to the current trading price of the stock (in other words it is out-of-the-money by that percentage), there is also the possibility that the covered call contract would expire worthless, in which case the investor would keep both their shares of stock and the premium collected. The current analytical data (including greeks and implied greeks) suggest the current odds of that happening are 52%. On our website under the contract detail page for this contract , Stock Options Channel will track those odds over time to see how they change and publish a chart of those numbers (the trading history of the option contract will also be charted). Should the covered call contract expire worthless, the premium would represent a 7.43% boost of extra return to the investor, or 12.06% annualized, which we refer to as the YieldBoost . The implied volatility in the put contract example is 35%, while the implied volatility in the call contract example is 33%. Meanwhile, we calculate the actual trailing twelve month volatility (considering the last 251 trading day closing values as well as today's price of $47.08) to be 31%. For more put and call options contract ideas worth looking at, visit StockOptionsChannel.com. Top YieldBoost Calls of the S&P 500 » The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
CPRT,2019-01-04,11.905,12.1738,11.8575,12.14,
CPRT,2019-01-07,12.1975,12.3275,12.0275,12.2075,
CPRT,2019-01-08,12.29,12.42,12.1475,12.4075,
CPRT,2019-01-09,12.4325,12.6775,12.425,12.575,
CPRT,2019-01-10,12.5225,12.66,12.4373,12.65,"[""Copart Shows Market Leadership With Jump To 81 RS Rating"", ""Copart Shows Market Leadership With Jump To 81 RS Rating"", ""Copart Shows Market Leadership With Jump To 81 RS Rating""]"
CPRT,2019-01-11,12.5675,12.71,12.4125,12.665,
CPRT,2019-01-14,12.575,12.67,12.4675,12.48,
CPRT,2019-01-15,12.5075,12.5501,12.2925,12.34,
CPRT,2019-01-16,12.3025,12.3875,12.27,12.33,
CPRT,2019-01-17,12.26,12.495,12.22,12.435,
CPRT,2019-01-18,12.5625,12.6125,12.47,12.515,
CPRT,2019-01-22,12.46,12.5925,12.3325,12.41,
CPRT,2019-01-23,12.4625,12.4775,12.2206,12.3175,
CPRT,2019-01-24,12.3125,12.435,12.295,12.3775,
CPRT,2019-01-25,12.4775,12.5925,12.3925,12.52,"[""Recent Analysis Shows SS&C Technologies, Arconic, Copart, ACI Worldwide, HOSTESS BRANDS, ..."", ""Recent Analysis Shows SS&C Technologies, Arconic, Copart, ACI Worldwide, HOSTESS BRANDS, ..."", ""Recent Analysis Shows SS&C Technologies, Arconic, Copart, ACI Worldwide, HOSTESS BRANDS, ...""]"
CPRT,2019-01-28,12.4175,12.5025,12.345,12.46,"[""Copart Sees IBD RS Rating Climb To 75"", ""Copart Sees IBD RS Rating Climb To 75"", ""Copart Sees IBD RS Rating Climb To 75""]"
CPRT,2019-01-29,12.4625,12.485,12.3325,12.395,
CPRT,2019-01-30,12.475,12.58,12.3675,12.535,"[""Caseys General Stores, Inc. (CASY) Ex-Dividend Date Scheduled for January 31, 2019 Caseys General Stores, Inc. ( CASY ) will begin trading ex-dividend on January 31, 2019. A cash dividend payment of $0.29 per share is scheduled to be paid on February 15, 2019. Shareholders who purchased CASY prior to the ex-dividend date are eligible for the cash dividend payment. This marks the 3rd quarter that CASY has paid the same dividend. The previous trading day's last sale of CASY was $130.03, representing a -5.14% decrease from the 52 week high of $137.08 and a 43.81% increase over the 52 week low of $90.42. CASY is a part of the Consumer Durables sector, which includes companies such as Genuine Parts Company ( GPC ) and Copart, Inc. ( CPRT ). CASY's current earnings per share, an indicator of a company's profitability, is $9.29. Zacks Investment Research reports CASY's forecasted earnings growth in 2019 as 32.43%, compared to an industry average of 9.1%. For more information on the declaration, record and payment dates, visit the CASY Dividend History page. Our Dividend Calendar has the full list of stocks that have an ex-dividend today. Interested in gaining exposure to CASY through an Exchange Traded Fund [ETF]? The following ETF(s) have CASY as a top-10 holding: First Trust Nasdaq Retail ETF ( FTXD ) First Trust Cons. Staples AlphaDEX ( FXG ) iShares Morningstar Small-Cap ETF ( JKJ ). The top-performing ETF of this group is FXG with an decrease of -7.32% over the last 100 days. FTXD has the highest percent weighting of CASY at 5.11%. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""The Goodyear Tire & Rubber Company (GT) Ex-Dividend Date Scheduled for January 31, 2019 The Goodyear Tire & Rubber Company ( GT ) will begin trading ex-dividend on January 31, 2019. A cash dividend payment of $0.16 per share is scheduled to be paid on March 01, 2019. Shareholders who purchased GT prior to the ex-dividend date are eligible for the cash dividend payment. This represents an 14.29% increase over prior dividend payment. The previous trading day's last sale of GT was $20.87, representing a -41.29% decrease from the 52 week high of $35.55 and a 11.78% increase over the 52 week low of $18.67. GT is a part of the Consumer Durables sector, which includes companies such as Genuine Parts Company ( GPC ) and Copart, Inc. ( CPRT ). GT's current earnings per share, an indicator of a company's profitability, is $2.05. Zacks Investment Research reports GT's forecasted earnings growth in 2018 as -21.15%, compared to an industry average of -10.1%. For more information on the declaration, record and payment dates, visit the GT Dividend History page. Our Dividend Calendar has the full list of stocks that have an ex-dividend today. Interested in gaining exposure to GT through an Exchange Traded Fund [ETF]? The following ETF(s) have GT as a top-10 holding: Invesco S&P 500 Pure Value ETF ( RPV ) WisdomTree U.S. MidCap Earnings Fund ( EZM ). The top-performing ETF of this group is EZM with an decrease of -9.84% over the last 100 days. RPV has the highest percent weighting of GT at 1.75%. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.""]"
CPRT,2019-01-31,12.5525,12.685,12.4825,12.6575,
CPRT,2019-02-01,12.63,12.7475,12.53,12.73,
CPRT,2019-02-04,12.745,12.9125,12.7026,12.8825,"[""Stocks Showing Improved Relative Strength: Copart"", ""Copart (CPRT) Is Up 0.04% in One Week: What You Should Know"", ""Stocks Showing Improved Relative Strength: Copart"", ""Copart (CPRT) Is Up 0.04% in One Week: What You Should Know"", ""Copart (CPRT) Is Up 0.04% in One Week: What You Should Know Momentum investing is all about the idea of following a stock's recent trend, which can be in either direction. In the 'long' context, investors will essentially be \""buying high, but hoping to sell even higher.\"" And for investors following this methodology, taking advantage of trends in a stock's price is key; once a stock establishes a course, it is more than likely to continue moving in that direction. The goal is that once a stock heads down a fixed path, it will lead to timely and profitable trades. Even though momentum is a popular stock characteristic, it can be tough to define. Debate surrounding which are the best and worst metrics to focus on is lengthy, but the Zacks Momentum Style Score, part of the Zacks Style Scores , helps address this issue for us. Below, we take a look at Copart (CPRT) , a company that currently holds a Momentum Style Score of B. We also talk about price change and earnings estimate revisions, two of the main aspects of the Momentum Style Score. It's also important to note that Style Scores work as a complement to the Zacks Rank, our stock rating system that has an impressive track record of outperformance. Copart currently has a Zacks Rank of #2 (Buy). Our research shows that stocks rated Zacks Rank #1 (Strong Buy) and #2 (Buy) and Style Scores of A or B outperform the market over the following one-month period. You can see the current list of Zacks #1 Rank Stocks here >>> Set to Beat the Market? Let's discuss some of the components of the Momentum Style Score for CPRT that show why this auctioneer of damaged and recovered stolen vehicles shows promise as a solid momentum pick. A good momentum benchmark for a stock is to look at its short-term price activity, as this can reflect both current interest and if buyers or sellers currently have the upper hand. It's also helpful to compare a security to its industry; this can show investors the best companies in a particular area. For CPRT, shares are up 0.04% over the past week while the Zacks Auction and Valuation Services industry is down 3.24% over the same time period. Shares are looking quite well from a longer time frame too, as the monthly price change of 8.59% compares favorably with the industry's 7.54% performance as well. While any stock can see its price increase, it takes a real winner to consistently beat the market. That is why looking at longer term price metrics -- such as performance over the past three months or year -- can be useful as well. Over the past quarter, shares of Copart have risen 0.95%, and are up 16.74% in the last year. On the other hand, the S&P 500 has only moved -0.71% and -2.3%, respectively. Investors should also take note of CPRT's average 20-day trading volume. Volume is a useful item in many ways, and the 20-day average establishes a good price-to-volume baseline; a rising stock with above average volume is generally a bullish sign, whereas a declining stock on above average volume is typically bearish. Right now, CPRT is averaging 1,117,434 shares for the last 20 days. Earnings Outlook The Zacks Momentum Style Score also takes into account trends in estimate revisions, in addition to price changes. Please note that estimate revision trends remain at the core of Zacks Rank as well. A nice path here can help show promise, and we have recently been seeing that with CPRT. Over the past two months, 1 earnings estimate moved higher compared to none lower for the full year. These revisions helped boost CPRT's consensus estimate, increasing from $2.11 to $2.12 in the past 60 days. Looking at the next fiscal year, 1 estimate has moved upwards while there have been no downward revisions in the same time period. Bottom Line Given these factors, it shouldn't be surprising that CPRT is a #2 (Buy) stock and boasts a Momentum Score of B. If you're looking for a fresh pick that's set to soar in the near-term, make sure to keep Copart on your short list. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Copart, Inc. (CPRT): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Stocks Showing Improved Relative Strength: Copart"", ""Copart (CPRT) Is Up 0.04% in One Week: What You Should Know""]"
CPRT,2019-02-05,12.8725,12.9825,12.8575,12.96,"[""Top Ranked Growth Stocks to Buy for February 5th"", ""Top Ranked Growth Stocks to Buy for February 5th"", ""Top Ranked Growth Stocks to Buy for February 5th Here are four stocks with buy ranks and strong growth characteristics for investors to consider today, February 5th : Copart, Inc. (CPRT) : This online auctions and vehicle remarketing services provider, which carries a Zacks Rank #2 (Buy), has witnessed the Zacks Consensus Estimate for its current year earnings increasing 0.5% over the last 60 days. Copart, Inc. Price and Consensus Copart, Inc. price-consensus-chart | Copart, Inc. Quote Copart has a PEG ratio 1.06, compared with 1.46 for the industry. The company possesses a Growth Score of A. Copart, Inc. PEG Ratio (TTM) Copart, Inc. peg-ratio-ttm | Copart, Inc. Quote Genuine Parts Company (GPC) : This automotive replacement parts and accessories distributor, which carries a Zacks Rank #1 (Strong Buy), has witnessed the Zacks Consensus Estimate for its current year earnings increasing 0.2% over the last 60 days. Genuine Parts Company Price and Consensus Genuine Parts Company price-consensus-chart | Genuine Parts Company Quote Genuine Parts has a PEG ratio 3.38, compared with 4.82 for the industry. The company possesses a Growth Score of A. Genuine Parts Company PEG Ratio (TTM) Genuine Parts Company peg-ratio-ttm | Genuine Parts Company Quote Darden Restaurants, Inc. (DRI) : This restaurants owner, which carries a Zacks Rank #2, has witnessed the Zacks Consensus Estimate for its current year earnings increasing 1.4% over the last 60 days. Darden Restaurants, Inc. Price and Consensus Darden Restaurants, Inc. price-consensus-chart | Darden Restaurants, Inc. Quote Darden Restaurants has a PEG ratio 1.88, compared with 2.01 for the industry. The company possesses a Growth Score of B. Darden Restaurants, Inc. PEG Ratio (TTM) Darden Restaurants, Inc. peg-ratio-ttm | Darden Restaurants, Inc. Quote UnitedHealth Group Incorporated (UNH) : This diversified health care company, which carries a Zacks Rank #2, has witnessed the Zacks Consensus Estimate for its current year earnings increasing 0.06% over the last 60 days. UnitedHealth Group Incorporated Price and Consensus UnitedHealth Group Incorporated price-consensus-chart | UnitedHealth Group Incorporated Quote UnitedHealth has a PEG ratio 1.37, compared with 2.91 for the industry. The company possesses a Growth Score of A. UnitedHealth Group Incorporated PEG Ratio (TTM) UnitedHealth Group Incorporated peg-ratio-ttm | UnitedHealth Group Incorporated Quote See the full list of top ranked stocks here Learn more about the Growth score and how it is calculated here . Zacks' Top 10 Stocks for 2019 In addition to the stocks discussed above, would you like to know about our 10 finest buy-and-holds for the year? Who wouldn't? Our annual Top 10s have beaten the market with amazing regularity. In 2018, while the market dropped -5.2%, the portfolio scored well into double-digits overall with individual stocks rising as high as +61.5%. And from 2012-2017, while the market boomed +126.3, Zacks' Top 10s reached an even more sensational +181.9%. See Latest Stocks Today >> Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report UnitedHealth Group Incorporated (UNH): Get Free Report Genuine Parts Company (GPC): Free Stock Analysis Report Darden Restaurants, Inc. (DRI): Get Free Report Copart, Inc. (CPRT): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Top Ranked Growth Stocks to Buy for February 5th""]"
CPRT,2019-02-06,12.9375,12.9975,12.8011,12.9825,
CPRT,2019-02-07,12.875,12.9625,12.7575,12.8225,"[""Can Copart (CPRT) Keep the Earnings Surprise Streak Alive?"", ""Top Ranked Growth Stocks to Buy for February 7th"", ""Can Copart (CPRT) Keep the Earnings Surprise Streak Alive?"", ""Top Ranked Growth Stocks to Buy for February 7th"", ""Can Copart (CPRT) Keep the Earnings Surprise Streak Alive? Looking for a stock that has been consistently beating earnings estimates and might be well positioned to keep the streak alive in its nex t quarterly report ? Copart (CPRT), which belongs to the Zacks Auction and Valuation Services industry, could be a great candidate to consider. This auctioneer of damaged and recovered stolen vehicles has an established record of topping earnings estimates, especially when looking at the previous two reports. The company boasts an average surprise for the past two quarters of -4.23%. For the las t report ed quarter, Copart came out with earnings of $0.47 per share versus the Zacks Consensus Estimate of $0.46 per share, representing a surprise of 2.17%. For the previous quarter, the company was expected to pos t earnings of $0.47 per share and it actually produced earnings of $0.42 per share, delivering a surprise of 10.64%. Price and EPS Surprise For Copart, estimates have been trending higher, thanks in part to this earnings surprise history. And when you look at the stock's positive Zacks Earnings ESP (Expected Surprise Prediction), it's a great indicator of a future earnings beat, especially when combined with its solid Zacks Rank. Our research shows that stocks with the combination of a positive Earnings ESP and a Zacks Rank #3 (Hold) or better produce a positive surprise nearly 70% of the time . In other words, if you have 10 stocks with this combination, the number of stocks that beat the consensus estimate could be as high as seven. The Zacks Earnings ESP compares the Most Accurate Estimate to the Zacks Consensus Estimate for the quarter; the Most Accurate Estimate is a version of the Zacks Consensus whose definition is related to change. The idea here is that analysts revising their estimates right before an earnings release have the latest information, which could potentially be more accurate than what they and others contributing to the consensus had predicted earlier. Copart currently has an Earnings ESP of +1.63%, which suggests that analysts have recently become bullish on the company's earnings prospects. This positive Earnings ESP when combined with the stock's Zacks Rank #2 (Buy) indicates that another beat is possibly around the corner. We expect the company's nex t earnings report to be released on February 25, 2019. When the Earnings ESP comes up negative, investors should note that this will reduce the predictive power of the metric. But, a negative value is not indicative of a stock's earnings miss. Many companies end up beating the consensus EPS estimate, but that may not be the sole basis for their stocks moving higher. On the other hand, some stocks may hold their ground even if they end up missing the consensus estimate. Because of this, it's really important to check a company's Earnings ESP ahead of its quarterly release to increase the odds of success. Make sure to utilize our Earnings ESP Filter to uncover the best stocks to buy or sell before they've reported. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Copart, Inc. (CPRT): Get Free Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Top Ranked Growth Stocks to Buy for February 7th Here are three stocks with buy ranks and strong growth characteristics for investors to consider today, February 7th: DardenRestaurants, Inc. (DRI): This owner and operator of full-service restaurants, which carries a Zacks Rank #2 (Buy), has witnessed the Zacks Consensus Estimate for its current year earnings increasing 1.4% over the last 60 days. Darden Restaurants, Inc. Price and Consensus Darden Restaurants, Inc. price-consensus-chart | Darden Restaurants, Inc. Quote Darden has a PEG ratio of 1.89, compared with 2.07 for the industry. The company possesses a Growth Score of B. Darden Restaurants, Inc. PEG Ratio (TTM) Darden Restaurants, Inc. peg-ratio-ttm | Darden Restaurants, Inc. Quote Copart, Inc. (CPRT): This online auctions and vehicle remarketing services provider, which carries a Zacks Rank #2 (Buy), has witnessed the Zacks Consensus Estimate for its current year earnings increasing 0.5% over the last 60 days. Copart, Inc. Price and Consensus Copart, Inc. price-consensus-chart | Copart, Inc. Quote Copart has a PEG ratio of 1.06, compared with 1.48 for the industry. The company possesses a Growth Score of A. Copart, Inc. PEG Ratio (TTM) Copart, Inc. peg-ratio-ttm | Copart, Inc. Quote Booz Allen Hamilton Holding Corporation (BAH): This management and technology consultation provider, which carries a Zacks Rank #1 (Strong Buy), has witnessed the Zacks Consensus Estimate for its current year earnings increasing 3% over the last 60 days. Booz Allen Hamilton Holding Corporation Price and Consensus Booz Allen Hamilton Holding Corporation price-consensus-chart | Booz Allen Hamilton Holding Corporation Quote Booz Allen has a PEG ratio of 1.35, compared with 1.63 for the industry. The company possesses a Growth Score of A. Booz Allen Hamilton Holding Corporation PEG Ratio (TTM) Booz Allen Hamilton Holding Corporation peg-ratio-ttm | Booz Allen Hamilton Holding Corporation Quote See the full list of top ranked stocks here Zacks' Top 10 Stocks for 2019 In addition to the stocks discussed above, wouldn't you like to know about our 10 finest buy-and-holds for the year? From more than 4,000 companies covered by the Zacks Rank, these 10 were picked by a process that consistently beats the market. Even during 2018 while the market dropped -5.2%, our Top 10s were up well into double-digits. And during bullish 2012 - 2017, they soared far above the market's +126.3%, reaching +181.9%. This year, the portfolio features a player that thrives on volatility, an AI comer, and a dynamic tech company that helps doctors deliver better patient outcomes at lower costs. See Stocks Today >> Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Darden Restaurants, Inc. (DRI): Get Free Report Copart, Inc. (CPRT): Get Free Report Booz Allen Hamilton Holding Corporation (BAH): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Can Copart (CPRT) Keep the Earnings Surprise Streak Alive?"", ""Top Ranked Growth Stocks to Buy for February 7th""]"
CPRT,2019-02-08,12.775,12.935,12.755,12.9325,"Top Ranked Growth Stocks to Buy for February 8th Here are three stocks with buy ranks and strong growth characteristics for investors to consider today, February 8th: Verint Systems Inc. (VRNT): This value-added services and actionable intelligence solutions provider, which carries a Zacks Rank #1 (Strong Buy), has witnessed the Zacks Consensus Estimate for its current year earnings increasing 0.6% over the last 60 days. Verint Systems Inc. Price and Consensus Verint Systems Inc. price-consensus-chart | Verint Systems Inc. Quote Verint Systems has a PEG ratio of 1.44, compared with 3.48 for the industry. The company possesses a Growth Score of B. Verint Systems Inc. PEG Ratio (TTM) Verint Systems Inc. peg-ratio-ttm | Verint Systems Inc. Quote Copart, Inc. (CPRT): This online auctions and vehicle remarketing services provider, which carries a Zacks Rank #2 (Buy), has witnessed the Zacks Consensus Estimate for its current year earnings increasing 0.5% over the last 60 days. Copart, Inc. Price and Consensus Copart, Inc. price-consensus-chart | Copart, Inc. Quote Copart has a PEG ratio of 1.05, compared with 1.48 for the industry. The company possesses a Growth Score of A. Copart, Inc. PEG Ratio (TTM) Copart, Inc. peg-ratio-ttm | Copart, Inc. Quote Genuine Parts Company (GPC): This automotive replacement parts and accessories distributor, which carries a Zacks Rank #2 (Buy), has witnessed the Zacks Consensus Estimate for its current year earnings increasing 0.2% over the last 60 days. Genuine Parts Company Price and Consensus Genuine Parts Company price-consensus-chart | Genuine Parts Company Quote Genuine Parts Company has a PEG ratio of 3.43, compared with 4.55 for the industry. The company possesses a Growth Score of A. Genuine Parts Company PEG Ratio (TTM) Genuine Parts Company peg-ratio-ttm | Genuine Parts Company Quote See the full list of top ranked stocks here The Hottest Tech Mega-Trend of All Last year, it generated $8 billion in global revenues. By 2020, it's predicted to blast through the roof to $47 billion. Famed investor Mark Cuban says it will produce ""the world's first trillionaires,"" but that should still leave plenty of money for regular investors who make the right trades early. See Zacks' 3 Best Stocks to Play This Trend >> Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Verint Systems Inc. (VRNT): Free Stock Analysis Report Genuine Parts Company (GPC): Free Stock Analysis Report Copart, Inc. (CPRT): Get Free Report To read this article on Zacks.com click here. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
CPRT,2019-02-11,12.985,13.0675,12.8325,13.0475,"Interpublic (IPG) to Report Q4 Earnings: What's in Store? The Interpublic Group of Companies, Inc. IPG is scheduled to report fourth-quarter 2018 results on Feb 13, before the opening bell. Over the past six months, shares of Interpublic have gained 1.2% against the industry and the Zacks S&P 500 composite's decline of 10% and 4.2%, respectively. Let's check out how things are shaping up for the announcement. Top Line to Decline Year Over Year The Zacks Consensus Estimate for fourth-quarter 2018 revenues is pegged at $2.32 billion, indicating year-over-year decrease of 0.8%. The top line is expected to be hurt by net divestitures, which are likely to be partially offset by higher organic growth. The Zacks Consensus Estimate indicates organic growth of 4% in the to-be reported quarter compared with 3.3% organic growth in fourth-quarter 2017. The company is likely to grow organically across both the United States as well as internationally. Organic growth in the United States is expected to be driven by strength across media, advertising, public relations and digital specialist agencies. Solid revenues from Latin America, Asia Pacific, Europe and UK are likely to drive organic growth in international markets. In third-quarter 2018, the company's top line increased 3.4% year over year, driven by organic growth of 5.4%. The company witnessed organic net revenue growth of 5% in the United States and 6% in international markets in the third quarter. However, there was a negative impact of 1.3% from foreign currency movement and 0.7% from net divestitures. Bottom Line Expectations The Zacks Consensus Estimate for earnings per share (EPS) in the to-be-reported quarter is pegged at 81 cents, indicating year-over-year growth of 2.5%. In third-quarter 2018, adjusted earnings of 48 cents per share increased 29.7% year over year. Interpublic's digital capabilities, diversified business model and geographic reach offer a distinctive competitive advantage. It continues to look for strategic investments and buyouts to expand in high-growth regions and key world markets. What Our Model Says Please note that according to the Zacks model, a company with a Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold) has a good chance of beating estimates if it also has a positive Earnings ESP . Zacks Rank #4 (Sell) or 5 (Strong Sell) stocks are best avoided, especially when the company is seeing negative estimate revisions. You can uncover the best stocks to buy or sell before they're reported with our Earnings ESP Filter . Interpublic has an Earnings ESP of 0.00% and a Zacks Rank #4. Interpublic Group of Companies, Inc. (The) Price and EPS Surprise Interpublic Group of Companies, Inc. (The) Price and EPS Surprise | Interpublic Group of Companies, Inc. (The) Quote Stocks to Consider Here are a few stocks from the broader Zacks Business Services sector that investors may consider as our model shows that these have the right combination of elements to beat on earnings: Copart CPRT has an Earnings ESP of +1.63% and a Zacks Rank #2. The company is expected to report second-quarter fiscal 2019 results on Feb 25. You can see the complete list of today's Zacks #1 Rank stocks here. ICF International ICFI has an Earnings ESP of +0.41% and a Zacks Rank #3. The company is scheduled to release fourth-quarter 2018 results on Feb 26. IQVIA Holdings IQV has an Earnings ESP of +0.37% and a Zacks Rank #3. The company is slated to report fourth-quarter 2018 results on Feb 14. Is Your Investment Advisor Fumbling Your Financial Future? See how you can more effectively safeguard your retirement with a new Special Report, ""4 Warning Signs Your Investment Advisor Might Be Sabotaging Your Financial Future."" Click to get it free >> Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Interpublic Group of Companies, Inc. (The) (IPG): Get Free Report Copart, Inc. (CPRT): Get Free Report ICF International, Inc. (ICFI): Free Stock Analysis Report IQVIA Holdings Inc. (IQV): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
CPRT,2019-02-12,13.1325,13.33,13.1225,13.315,"[""Waste Management (WM) to Post Q4 Earnings: What's in Store?"", ""Is a Beat in Store for IQVIA Holdings (IQV) in Q4 Earnings?"", ""Is a Beat in Store for IQVIA Holdings (IQV) in Q4 Earnings?"", ""Waste Management (WM) to Post Q4 Earnings: What's in Store?"", ""Is a Beat in Store for IQVIA Holdings (IQV) in Q4 Earnings? IQVIA Holdings Inc.IQV is scheduled to report fourth-quarter 2018 results on Feb 14, before the opening bell. Strength across segments, operating performance and tax efficiencies are likely to boost IQVIA Holdings' results. Over the past year, shares of IQVIA Holdings have gained 29%, significantly outperforming the 7.8% rise of the industry it belongs to and 1.9% gain of the Zacks S&P 500 composite. Strength Across Segments to Drive the Top Line The Zacks Consensus Estimate for fourth-quarter 2018 revenues is pegged at $2.62 billion, indicating year-over-year growth of 21.1%. The upside is likely to be driven by strength across the company's Research & Development Solutions (R&DS) and Technology & Analytics Solutions (TAS) segments. In third-quarter 2018, total revenues of $2.59 billion increased 5.2% year over year. Segment wise, TAS should benefit from strength across real-world and analytical services and incremental revenues from acquisitions. Strategic collaborations such as the agreement with Roche, Genomics England and a technology deal with Theramex should help the company strengthen its technological solutions. Launch of a Software as a Service (\""SaaS\"") eConsent tool for use in clinical trials and development of SaaS safety platform are the other major positives. R&DS segment is expected to benefit from volume-related increases in clinical services and lab testing volumes. Substantial organic growth is likely to be witnessed in the segment. IQVIA Holdings Inc. Revenue (TTM) IQVIA Holdings Inc. Revenue (TTM) | IQVIA Holdings Inc. Quote Bottom-Line Expectations The Zacks Consensus Estimate for earnings per share (EPS) in the to-be-reported quarter is pegged at $1.47, indicating year-over-year growth of 5%. Tax efficiencies and solid operational performance are likely to boost the company's bottom line. In third-quarter 2018, adjusted earnings per share of $1.42 increased 19.3% year over year. Our Model Suggests a Beat According to the Zacks model, a company with a Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold) has a good chance of beating estimates if it also has a positive Earnings ESP . The Sell-rated stocks (Zacks Rank #4 or 5) are best avoided, especially if they have a negative Earnings ESP. You can uncover the best stocks to buy or sell before they're reported with our Earnings ESP Filter . IQVIA Holdings has an Earnings ESP of +0.37% and a Zacks Rank #3, a combination that increases the odds of an earnings beat. IQVIA Holdings Inc. Price and EPS Surprise IQVIA Holdings Inc. Price and EPS Surprise | IQVIA Holdings Inc. Quote Other Stocks to Consider Here are a few stocks from the broader Zacks Business Services sector that investors may consider as our model shows that these have the right combination of elements to beat on earnings: Copart CPRT has an Earnings ESP of +1.63% and a Zacks Rank #2. The company is expected to report second-quarter fiscal 2019 results on Feb 25. You can see the complete list of today's Zacks #1 Rank stocks here. Conduent Incorporated CNDT has an Earnings ESP of +0.95% and a Zacks Rank #3. The company is slated to release fourth-quarter 2018 results on Feb 20. ICF International ICFI has an Earnings ESP of +0.41% and a Zacks Rank #3. The company is scheduled to report fourth-quarter 2018 results on Feb 26. Zacks' Best Stock-Picking Strategy It's hard to believe, even for us at Zacks. But from 2000-2018, while the market gained +4.8% per year, our top stock-picking strategy averaged +54.3% per year. How has that screen done lately? From 2017-2018, it sextupled the market's +15.8% gain with a soaring +98.3% return. Free - See the Stocks It Turned Up for Today >> Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Copart, Inc. (CPRT): Get Free Report Conduent Inc. (CNDT): Free Stock Analysis Report ICF International, Inc. (ICFI): Free Stock Analysis Report IQVIA Holdings Inc. (IQV): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Waste Management (WM) to Post Q4 Earnings: What's in Store? Waste Management, Inc. WM is scheduled to report fourth-quarter 2018 results on Feb 14, before the bell. The top line is expected to benefit from organic revenue growth and the bottom line is likely to gain from lower tax rate. We observe that shares of Waste Management have rallied 20.9% in the past year compared with the industry 's rise of 15.2%. Collection and Disposal Business to Boost Revenues The Zacks Consensus Estimate for revenues in the to-be-reported quarter is pegged at $3.79 billion, indicating year-over-year growth of 3.7%. The expected increase is likely to be driven by strong organic revenue growth in the collection and disposal business. The company's recycling line of business is expected to stay weak. In the third quarter, revenues of $3.82 billion increased 2.9% year over year. Waste Management, Inc. Revenue (TTM) Waste Management, Inc. Revenue (TTM) | Waste Management, Inc. Quote Earnings Likely To Improve on Tax Benefits The Zacks Consensus Estimate for earnings per share (EPS) in the to-be-reported quarter is pegged at $1.07, indicating year-over-year growth of 25.9%. Lower tax rates (as a result of Tax Cuts and Jobs Act) and improved operating results in the solid waste business are likely to boost the bottom line. In the third quarter, adjusted earnings of $1.15 improved 27.8% year over year. Our Model Doesn't Suggest a Beat Please note that according to the Zacks model, a company with a Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold) has a good chance of beating estimates if it also has a positive Earnings ESP . Zacks Rank #4 (Sell) or 5 (Strong Sell) stocks are best avoided, especially if the companies are witnessing negative estimate revisions. You can uncover the best stocks to buy or sell before they're reported with our Earnings ESP Filter . Waste Management has a Zacks Rank #3 and an Earnings ESP of +0.00%, a combination that makes surprise prediction difficult. Stocks to Consider Here are a few stocks from the broader Zacks Business Services sector that investors may consider as our model shows that these have the right combination of elements to beat on earnings: Copart CPRT has an Earnings ESP of +1.63% and a Zacks Rank #2. The company is expected to release second-quarter fiscal 2019 results on Feb 25. You can see the complete list of today's Zacks #1 Rank stocks here. Conduent Incorporated CNDT has an Earnings ESP of +0.95% and a Zacks Rank #3. The company is slated to release fourth-quarter 2018 results on Feb 20. ICF International ICFI has an Earnings ESP of +0.41% and a Zacks Rank #3. The company is scheduled to report fourth-quarter 2018 results on Feb 26. Zacks' Best Stock-Picking Strategy It's hard to believe, even for us at Zacks. But from 2000-2018, while the market gained +4.8% per year, our top stock-picking strategy averaged +54.3% per year. How has that screen done lately? From 2017-2018, it sextupled the market's +15.8% gain with a soaring +98.3% return. Free - See the Stocks It Turned Up for Today >> Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Copart, Inc. (CPRT): Get Free Report Conduent Inc. (CNDT): Free Stock Analysis Report ICF International, Inc. (ICFI): Free Stock Analysis Report Waste Management, Inc. (WM): Get Free Report To read this article on Zacks.com click here. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""9 U.S. Stocks That Are Coming to Life Again InvestorPlace - Stock Market News, Stock Advice & Trading Tips This year has been an unusually bullish one for U.S. stocks. Granted, the market started 2019 with the advantage of a steep selloff during the final three months of last year, setting up a big bounce out of an oversold condition. Traders remain confident at current levels, however, not flinching at the first whiff of potential trouble. The S&P 500's 15% advance from the late-December low hasn't just put the broad market back into a bullish mode, however. It has yanked some stocks out of a rut and back into an uptrend as well. In many of those cases, that turnaround coincides with a fundamental turnaround from the company itself. Buy These 5 Stocks to Play the Megatrend of the Century With that as the backdrop, here's a rundown of the nine best U.S. stocks to plug into for a turnaround effort. All of them have made good forward progress, developing some momentum as a result. A closer read of their respective headlines also reveals the much-needed rhetoric has taken a turn for the better, reflective of fresh profit growth, sales growth or both. In no particular order\u2026 Snap (SNAP) Some investors had altogether given up on Snapchat parent Snap (NYSE: SNAP ), convinced there just wasn't room for a third social media name in an environment that included Facebook (NASDAQ: FB ) and Twitter (NYSE: TWTR ). SNAP stock, between its February 2017 high hit shortly after its IPO and its low in December of last year, lost more than 80% of its value, while slowing user growth finally turned negative in the middle of 2018 . A glimmer of hope started to shine during the final quarter of last year. Its daily user total stabilized, and the habitual losses finally began to shrink. It's far from an ironclad turnaround, but it has been enough to spark over a 70% rebound from its December low. Coty (COTY) Like Snap, beauty company Coty (NYSE: COTY ) is a name many investors had given up on. Shares fell 80% between early 2016 and the end of last year, mostly in response to an uninterrupted streak of declining revenue and shrinking profits. It's another name, however, that may have turned a corner nobody was expecting it to. COTY stock is up nearly 80% since its late December low, with most of that gain spurred by last quarter's revenue and earnings. Both topped estimates . 10 Best Dividend Stocks to Buy for the Next 10 Months Bonus: Several new executives - including a new CFO - have been named , setting the stage for some much-needed change in how the organization is managed. Bolstering the bullish argument is this week's report that JAB Holding Co. is looking to take on a major equity stake in COTY stock at its current price. Zynga (ZNGA) Yes, the name behind popular casual gaming titles like Farmville , Words with Friends and Mafia Wars is still alive and kicking, even though its top games have largely run their course. In fact, Zynga (NASDAQ: ZNGA ) CEO Frank Gibeau recently stated \""Zynga's turnaround is now complete,\"" referencing last year's 5% improvement in revenue, leading into more earnings growth for this year. The key has been a successful transition to mobile. Mobile engagement now make up more than 90% of game-play sessions , and Zynga has made a point of developing or acquiring the right games to engage players where they want to play. Its purchase of Gram and Small Giant gave it Merge Dragons and Empire of Puzzles , respectively, and both have been needed hits. ZNGA stock is up 24% year-to-date after a lackluster 2018. Nektar Therapeutics (NKTR) Despite Tuesday's 9% setback, Nektar Therapeutics (NASDAQ: NKTR ) shares are still up over 25% for the year so far, unwinding what has been a pretty miserable past few months. The stock's budding turnaround was largely prompted by hope for major progress this year. At the J.P. Morgan Healthcare conference held very early this year, Nektar announced several ambitious goals for the year, including the potential release of an abuse-deterrent opioid painkiller . 7 Reasons You Want Boeing Stock in Your Portfolio Investors also gave the company a little credit for the launch of a couple early-stage trials of autoimmune drug NKTR-358, which has drawn the interest of Eli Lilly (NYSE: LLY ). Though its NKTR-214 looks to be a bust as a means of improving PD-1 treatments , the market may be thinking it treated NKTR stock too harshly in response. Copart (CPRT) Copart (NASDAQ: CPRT ) isn't exactly a household name, though it may have a place in some portfolios. The company is predominantly an automobile auction outfit, able to handle sales of fleet vehicles as well as it can offload cars for individuals. It's especially well known as a buyer of junked or un-drivable cars and a seller of salvageable parts. It's an interesting business. Whereas automobile manufacturers like Ford Motor (NYSE: F ) or General Motors (NYSE: GM ) are now facing the downside of 2015's so-called \""peak auto,\"" in many regards that's proven beneficial for Copart. The cars those drivers replaced had to be dealt with somehow, and given that most of Copart's auctions are consigned auctions, the company has a plentiful, low-to-no cost supply of inventory. Mostly though, it's a non-cyclical business that's expected to grow revenue by 10% this year. CPRT stock may only be up about 10% so far this year, but it was one of the hardest-hit U.S. stocks during the fourth quarter. That leaves plenty of room for more recovery. Dentsply Sirona (XRAY) Dentsply Sirona (NASDAQ: XRAY ) is a manufacturer of equipment and supplies for the dentistry industry \u2026 a boring lineup that has been reasonably consistent (even if not perfect) in terms of revenue growth. That reliability did the stock little good for the better part of last year. Between its January high and October low, XRAY stock was cut in half, primarily due to deteriorating revenue and profits that most investors didn't expect. By the time all was said and done, shares reached a seven-year low in the latter part of last year. 10 Monster Growth Stocks to Buy for 2019 and Beyond Though some degree of selling was certainly understandable, the bears arguably overshot. The 26% rebound since the end of October says investors are correcting their mistake in front of what should be a turnaround year. Analysts are only calling for about 2% sales growth in 2019, but that should be enough to improve per-share profits by 11%. Chipotle Mexican Grill (CMG) There was a time not too long ago when investors and consumers were wondering if Chipotle Mexican Grill (NYSE: CMG ) would ever shrug off the impact of its 2015 E. coli debacle . Consumers were anything but quick to forget and forgive. Last quarter's results, however, suggest the new mix of management may be just what the struggling Tex-Mex eatery needed. Same-store sales improved 6.1% , while total revenue grew 10% thanks to store openings. Perhaps most compelling of all, however, was the earnings beat. Analysts were calling for a profit of $1.37 per share, but Chipotle reported income of $1.72 per share. There's still work to be done, to be sure. But, the work that's been done so far has been enough to drive CMG stock to a 40% gain since the end of last year. Bausch Health Companies (BHC) Bausch Health Companies (NYSE: BHC ) has had a surprisingly tough past three years, although most of that pain played out while it was still called Valeant Pharmaceuticals \u2026 the company that racked up too much debt buying small-market drugs only to find political and societal pushback on its aggressive pricing policies at the worst possible time. With the proverbial party abruptly coming to a close in late 2015, Valeant shares lost roughly 97% of their value between July of 2015 and mid-2017. It's curious though. With very little fanfare despite measurable (albeit slow) fiscal progress, BHC stock has made nothing but higher lows and higher highs since the middle of 2017. The 9 Best Stocks to Invest In During a Manic Market The 47% gain from its December low is exaggerated thanks to the steep pullback preceding that reversals, but the bullish high-low pattern has become pretty reliable. Foot Locker (FL) By the middle of 2017, the athletic apparel industry - and the athletic shoe industry in particular - was in trouble. Celebrity endorsements had become gratuitous and expensive, peaking right as consumers grew tired of paying big prices just to wear the same sneakers that stars like Kevin Durant and LeBron James wear. Mike Packer, owner of Packer Shoes , explained the then-brewing dilemma a year earlier , saying \""Over the last two years, companies have taken retro basketball and in-line product and spun off too many colors, too many stories. \u2026 Some of these models are being brought to market for their third or fourth time. It loses the allure.\"" The shift took its toll on Foot Locker (NYSE: FL ) stock. Shares tumbled more than 60% in 2017. Things have been different in the meantime, however. Realizing it has to get back to basics and work strategically with key suppliers like Nike (NYSE: NKE ), the retailer has hammered out enough improvements to drive a 20% gain from its December low. That latest bullish leg extends a quiet winning streak that now goes back a full year. As of this writing, James Brumley held a long position in Foot Locker. You can learn more about James at his site, jamesbrumley.com , or follow him on Twitter , at @jbrumley. More From InvestorPlace 2 Toxic Pot Stocks You Should Avoid 10 Stocks That Every 20-Year-Old Should Buy 10 Best Dividend Stocks to Buy for the Next 10 Months 10 Monster Growth Stocks to Buy for 2019 and Beyond Compare Brokers The post 9 U.S. Stocks That Are Coming to Life Again appeared first on InvestorPlace . The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Is a Beat in Store for IQVIA Holdings (IQV) in Q4 Earnings?"", ""Waste Management (WM) to Post Q4 Earnings: What's in Store?""]"
CPRT,2019-02-13,13.345,13.425,13.27,13.3525,
CPRT,2019-02-14,13.27,13.5288,13.27,13.4825,"[""Verisk (VRSK) to Post Q4 Earnings: What's in the Cards?"", ""Verisk (VRSK) to Post Q4 Earnings: What's in the Cards?"", ""Verisk (VRSK) to Post Q4 Earnings: What's in the Cards? Verisk Analytics, Inc.VRSK is scheduled to report fourth-quarter 2018 results on Feb 19, after the bell. While we expect the company's top line to reflect segmental strength, the bottom line is likely to be driven by solid organic growth, 2017 tax reform policy (Tax Cuts and Jobs Act) and contributions from acquisition. Shares of Verisk have gained 28.3% over the past year, significantly outperforming the 8.2% rally of the industry it belongs to and 1.9% rise of the Zacks S&P 500 Composite Index. How Things Are Shaping Up for the Announcement? The top line is expected to benefit from solid growth across all the three segments - Insurance, Energy and Specialized Markets and Financial Services. Insurance segment revenues are expected to be driven by strength across its two units - Underwriting & rating and Claims. While strength in the company's catastrophe modeling services and underwriting solutions should boost Underwriting & rating revenues, Claims top line is likely to benefit from repair cost estimating solutions and claims analytics revenues. Improvement in the energy business's end market, and strength in environmental health and safety services as well as consulting and research businesses are likely to drive Energy and Specialized Markets segment. The Financial Services segment is expected to grow on the back of enterprise data management and portfolio management solutions revenues. Verisk Analytics, Inc. Revenue (TTM) Verisk Analytics, Inc. Revenue (TTM) | Verisk Analytics, Inc. Quote Strong organic growth, 2017 tax reform policy (Tax Cuts and Jobs Act) and contributions from acquisitions are likely to boost the company's bottom line. What Our Model Says? Please note that according to the Zacks model, a company with a Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold) has a good chance of beating estimates if it also has a positive Earnings ESP . Zacks Rank #4 (Sell) or 5 (Strong Sell) stocks are best avoided, especially if the companies are witnessing negative estimate revisions. You can uncover the best stocks to buy or sell before they're reported with our Earnings ESP Filter . Verisk has a Zacks Rank #4 and an Earnings ESP of 0.00%. Stocks to Consider Here are a few stocks from the broader Zacks Business Services sector that investors may consider as our model shows that these have the right combination of elements to beat on earnings: Copart CPRT , with an Earnings ESP of +1.63% and a Zacks Rank #2. You can see the complete list of today's Zacks #1 Rank stocks here. Conduent Inc. CNDT , with an Earnings ESP of +0.95% and a Zacks Rank #3. Cardlytics, Inc. CDLX , with an Earnings ESP of +46.27% and a Zacks Rank #3. Will You Make a Fortune on the Shift to Electric Cars? Here's another stock idea to consider. Much like petroleum 150 years ago, lithium power may soon shake the world, creating millionaires and reshaping geo-politics. Soon electric vehicles (EVs) may be cheaper than gas guzzlers. Some are already reaching 265 miles on a single charge. With battery prices plummeting and charging stations set to multiply, one company stands out as the #1 stock to buy according to Zacks research. It's not the one you think. See This Ticker Free >> Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Verisk Analytics, Inc. (VRSK): Free Stock Analysis Report Copart, Inc. (CPRT): Free Stock Analysis Report Conduent Inc. (CNDT): Free Stock Analysis Report Cardlytics, Inc. (CDLX): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Verisk (VRSK) to Post Q4 Earnings: What's in the Cards?""]"
CPRT,2019-02-15,13.5725,13.5725,13.405,13.5075,"[""What's in Store for Avis Budget (CAR) This Earnings Season?"", ""Xperi (XPER) to Report Q4 Earnings: What's in the Cards?"", ""Xperi (XPER) to Report Q4 Earnings: What's in the Cards?"", ""What's in Store for Avis Budget (CAR) This Earnings Season?"", ""Xperi (XPER) to Report Q4 Earnings: What's in the Cards? Xperi CorporationXPER is set to release fourth-quarter 2018 results on Feb 20, after the bell. In the las t report ed quarter, the company delivered positive earnings surprise of 16.7%. Shares of the company have rallied 38.9% in the past six months, against 12.4% decline of the industry . Factors at Play Xperi's product licensing business is expected to stay robust as the fourth quarter is a seasonally strong period. Partnerships with IMAX and Cineplex are enabling the company with market expansion and penetration.Xperi's automotive business is likely to be in good shape on the back of strong DMS and HD radio businesses. The company's home market is expected to benefit from increased AVR sound bar and TV customer penetration driven by the greater adoption of the virtual X and DTSX solutions. The IP licensing and semiconductor packaging business is expected to benefit from growing interest in the company's hybrid bonding solutions. It has engaged multiple partners in evaluations of the DBI technology for memory applications including 3D NAND and DRAM. Zacks Model Suggests a Beat Please note that according to the Zacks model, a company with a Zacks Rank #1 (Strong Buy), 2 (Buy) or #3 (Hold) has a good chance of beating estimates if it also has a positive Earnings ESP . You can uncover the best stocks to buy or sell before they're reported with our Earnings ESP Filter . Xperi has a Zacks Rank #3 and an Earnings ESP of 0.00%, a combination that makes surprise prediction difficult. Stocks with a Zacks Rank #4 (Sell) or #5 (Strong Sell) are best avoided, especially if they have a negative Earnings ESP. Stocks to Consider Here are a few stocks from the broader Zacks Business Services sector that investors may consider as our model shows that these have the right combination of elements to beat estimates. Copart CPRT has Earnings ESP of +1.63% and a Zacks Rank #2. You can see the complete list of today's Zacks #1 Rank stocks here. EVO Payments, Inc EVOP has an Earnings ESP of +1.89% and a Zacks Rank #3. Conduent Incorporated CNDT has Earnings ESP of +0.95% and a Zacks Rank #3. Zacks' Top 10 Stocks for 2019 In addition to the stocks discussed above, wouldn't you like to know about our 10 finest buy-and-holds for the year? From more than 4,000 companies covered by the Zacks Rank, these 10 were picked by a process that consistently beats the market. Even during 2018 while the market dropped -5.2%, our Top 10s were up well into double-digits. And during bullish 2012 - 2017, they soared far above the market's +126.3%, reaching +181.9%. This year, the portfolio features a player that thrives on volatility, an AI comer, and a dynamic tech company that helps doctors deliver better patient outcomes at lower costs. See Stocks Today >> Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Tessera Holding Corporation (XPER): Free Stock Analysis Report Copart, Inc. (CPRT): Free Stock Analysis Report Conduent Inc. (CNDT): Free Stock Analysis Report EVO Payments, Inc. (EVOP): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Xperi (XPER) to Report Q4 Earnings: What's in the Cards?"", ""What's in Store for Avis Budget (CAR) This Earnings Season?""]"
CPRT,2019-02-19,13.5,13.5175,13.275,13.33,"[""Copart Q2 2019 Earnings Preview"", ""Top Ranked Growth Stocks to Buy for February 19th"", ""Copart Q2 2019 Earnings Preview"", ""Top Ranked Growth Stocks to Buy for February 19th"", ""Top Ranked Growth Stocks to Buy for February 19th Here are four stocks with buy ranks and strong growth characteristics for investors to consider today, February 19th: BlackBerry Limited (BB): This enterprise software and services company, which carries a Zacks Rank #1 (Strong Buy), has witnessed the Zacks Consensus Estimate for its current year earnings increasing 14.3% over the last 60 days. BlackBerry Limited Price and Consensus BlackBerry Limited price-consensus-chart | BlackBerry Limited Quote BlackBerry has a PEG ratio 2.87, compared with 6.17 for the industry. The company possesses a Growth Score of B. BlackBerry Limited PEG Ratio (TTM) BlackBerry Limited peg-ratio-ttm | BlackBerry Limited Quote Copart, Inc. (CPRT): online auctions and vehicle remarketing services provider, which carries a Zacks Rank #2 (Buy), has witnessed the Zacks Consensus Estimate for its current year earnings increasing 0.5% over the last 60 days. Copart, Inc. Price and Consensus Copart, Inc. price-consensus-chart | Copart, Inc. Quote Copart has a PEG ratio 1.11, compared with 1.59 for the industry. The company possesses a Growth Score of A. Copart, Inc. PEG Ratio (TTM) Copart, Inc. peg-ratio-ttm | Copart, Inc. Quote Ternium S.A. (TX): This steel products manufacturer, which carries a Zacks Rank #2, has witnessed the Zacks Consensus Estimate for its current year earnings increasing 12.9% over the last 60 days. Ternium S.A. Price and Consensus Ternium S.A. price-consensus-chart | Ternium S.A. Quote Ternium has a PEG ratio 0.80, compared with 1.70 for the industry. The company possesses a Growth Score of A. Ternium S.A. PEG Ratio (TTM) Ternium S.A. peg-ratio-ttm | Ternium S.A. Quote Fabrinet (FN): Thiselectronic manufacturing services provider, which carries a Zacks Rank #2, has witnessed the Zacks Consensus Estimate for its current year earnings increasing 2.2% over the last 60 days. Fabrinet Price and Consensus Fabrinet price-consensus-chart | Fabrinet Quote Fabrinet has a PEG ratio 1.14, compared with 1.52 for the industry. The company possesses a Growth Score of A. Fabrinet PEG Ratio (TTM) Fabrinet peg-ratio-ttm | Fabrinet Quote See the full list of top ranked stocks here Learn more about the Growth score and how it is calculated here . Is Your Investment Advisor Fumbling Your Financial Future? See how you can more effectively safeguard your retirement with a new Special Report, \""4 Warning Signs Your Investment Advisor Might Be Sabotaging Your Financial Future.\"" Click to get it free >> Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Ternium S.A. (TX): Free Stock Analysis Report Fabrinet (FN): Free Stock Analysis Report Copart, Inc. (CPRT): Free Stock Analysis Report BlackBerry Limited (BB): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Copart Q2 2019 Earnings Preview"", ""Top Ranked Growth Stocks to Buy for February 19th""]"
CPRT,2019-02-20,13.36,13.37,12.9975,13.37,"[""Copart beats by $0.01, misses on revenue"", ""Earnings Scheduled For February 20, 2019"", ""Copart Q2 Adj. EPS $0.52 Beats $0.51 Estimate, Sales $484.9M Miss $491.52M Estimate"", ""Copart Q2 Adj. EPS $0.52 Beats $0.51 Estimate, Sales $484.9M Miss $491.52M Estimate"", ""Earnings Scheduled For February 20, 2019"", ""Copart beats by $0.01, misses on revenue"", ""After-Hours Earnings Report for February 20, 2019 : ET, NTES, A, ES, O, SNPS, EXR, CPRT, GDDY, FTI, SUI, Y The following companies are expected to repor t earnings after hours on 02/20/2019. Visit our Earnings Calendar for a full list of expected earnings releases. Energy Transfer L.P. ( ET ) is reporting for the quarter ending December 31, 2018. The oil/gas company's consensus earnings per share forecast from the 4 analysts that follow the stock is $0.30. This value represents a 26.83% decrease compared to the same quarter last year. Zacks Investment Research reports that the 2018 Price to Earnings ratio for ET is 12.30 vs. an industry ratio of 15.40. NetEase, Inc. ( NTES ) is reporting for the quarter ending December 31, 2018. The internet software company's consensus earnings per share forecast from the 2 analysts that follow the stock is $1.51. This value represents a 1.34% increase compared to the same quarter last year. Zacks Investment Research reports that the 2018 Price to Earnings ratio for NTES is 34.02 vs. an industry ratio of -34.00, implying that they will have a higher earnings growth than their competitors in the same industry. Agilent Technologies, Inc. ( A ) is reporting for the quarter ending January 31, 2019. The electrical test equipment company's consensus earnings per share forecast from the 9 analysts that follow the stock is $0.73. This value represents a 10.61% increase compared to the same quarter last year. In the past year A has met analyst expectations once and beat the expectations the other three quarters. Zacks Investment Research reports that the 2019 Price to Earnings ratio for A is 25.50 vs. an industry ratio of 26.20. Eversource Energy ( ES ) is reporting for the quarter ending December 31, 2018. The electric power utilities company's consensus earnings per share forecast from the 4 analysts that follow the stock is $0.75. This value represents a no change for the same quarter last year. ES missed the consensus earnings per share in the 4th calendar quarter of 2017 by -1.32%. Zacks Investment Research reports that the 2018 Price to Earnings ratio for ES is 21.53 vs. an industry ratio of 12.30, implying that they will have a higher earnings growth than their competitors in the same industry. Realty Income Corporation ( O ) is reporting for the quarter ending December 31, 2018. The reit company's consensus earnings per share forecast from the 10 analysts that follow the stock is $0.75. This value represents a 1.32% decrease compared to the same quarter last year. O missed the consensus earnings per share in the 4th calendar quarter of 2017 by -1.3%. Zacks Investment Research reports that the 2018 Price to Earnings ratio for O is 22.34 vs. an industry ratio of 13.50, implying that they will have a higher earnings growth than their competitors in the same industry. Synopsys, Inc. ( SNPS ) is reporting for the quarter ending January 31, 2019. The computer software company's consensus earnings per share forecast from the 3 analysts that follow the stock is $0.57. This value represents a 22.97% decrease compared to the same quarter last year. Zacks Investment Research reports that the 2019 Price to Earnings ratio for SNPS is 38.15 vs. an industry ratio of 47.80. Extra Space Storage Inc ( EXR ) is reporting for the quarter ending December 31, 2018. The reit company's consensus earnings per share forecast from the 8 analysts that follow the stock is $1.20. This value represents a 7.14% increase compared to the same quarter last year. In the past year EXR has met analyst expectations twice and beat the expectations the other two quarters. Zacks Investment Research reports that the 2018 Price to Earnings ratio for EXR is 21.36 vs. an industry ratio of 15.80, implying that they will have a higher earnings growth than their competitors in the same industry. Copart, Inc. ( CPRT ) is reporting for the quarter ending January 31, 2019. The auction company's consensus earnings per share forecast from the 6 analysts that follow the stock is $0.51. This value represents a 8.51% increase compared to the same quarter last year. CPRT missed the consensus earnings per share in the 3rd calendar quarter of 2018 by -10.64%. Zacks Investment Research reports that the 2019 Price to Earnings ratio for CPRT is 25.15 vs. an industry ratio of 21.60, implying that they will have a higher earnings growth than their competitors in the same industry. GoDaddy Inc. ( GDDY ) is reporting for the quarter ending December 31, 2018. The internet services company's consensus earnings per share forecast from the 10 analysts that follow the stock is $0.13. This value represents a 18.18% increase compared to the same quarter last year. GDDY missed the consensus earnings per share in the 3rd calendar quarter of 2018 by -55.56%. Zacks Investment Research reports that the 2018 Price to Earnings ratio for GDDY is 213.76 vs. an industry ratio of 49.00, implying that they will have a higher earnings growth than their competitors in the same industry. TechnipFMC plc ( FTI ) is reporting for the quarter ending December 31, 2018. The oil (field services) company's consensus earnings per share forecast from the 21 analysts that follow the stock is $0.37. This value represents a 85.00% increase compared to the same quarter last year. Zacks Investment Research reports that the 2018 Price to Earnings ratio for FTI is 19.31 vs. an industry ratio of 11.20, implying that they will have a higher earnings growth than their competitors in the same industry. Sun Communities, Inc. ( SUI ) is reporting for the quarter ending December 31, 2018. The reit company's consensus earnings per share forecast from the 3 analysts that follow the stock is $1.03. This value represents a 5.10% increase compared to the same quarter last year. In the past year SUI has met analyst expectations twice and beat the expectations the other two quarters. Zacks Investment Research reports that the 2018 Price to Earnings ratio for SUI is 24.98 vs. an industry ratio of 21.40, implying that they will have a higher earnings growth than their competitors in the same industry. Alleghany Corporation ( Y ) is reporting for the quarter ending December 31, 2018. The insurance (property & casualty) company's consensus earnings per share forecast from the 1 analyst that follows the stock is $-5.00. This value represents a 150.56% decrease compared to the same quarter last year. Y missed the consensus earnings per share in the 3rd calendar quarter of 2018 by -130.57%. Zacks Investment Research reports that the 2018 Price to Earnings ratio for Y is 42.16 vs. an industry ratio of 16.30, implying that they will have a higher earnings growth than their competitors in the same industry. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Copart Q2 Adj. EPS $0.52 Beats $0.51 Estimate, Sales $484.9M Miss $491.52M Estimate"", ""Earnings Scheduled For February 20, 2019"", ""Copart beats by $0.01, misses on revenue""]"
CPRT,2019-02-21,13.4725,14.2675,13.4375,14.1325,"[""Copart +4.8% post Q2 results"", ""Copart, Inc.'s (CPRT) CEO Jayson Adair on Q2 2019 Results - Earnings Call Transcript"", ""Copart shares are trading higher after the company beat Q2 EPS estimates."", ""Copart shares are trading higher after the company beat Q2 EPS estimates."", ""Copart, Inc.'s (CPRT) CEO Jayson Adair on Q2 2019 Results - Earnings Call Transcript"", ""Copart +4.8% post Q2 results"", ""S&P 500 Movers: FTI, ALB In early trading on Thursday, shares of Albemarle Corp. ( ALB ) topped the list of the day's best performing components of the S&P 500 index, trading up 7.5%. Year to date, Albemarle Corp. registers a 15.5% gain. And the worst performing S&P 500 component thus far on the day is TechnipFMC ( FTI ), trading down 6.5%. TechnipFMC is showing a gain of 17.4% looking at the year to date performance. Two other components making moves today are Extra Space Storage ( EXR ), trading down 4.3%, and Copart ( CPRT ), trading up 4.9% on the day. VIDEO: S&P 500 Movers: FTI, ALB The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Rush Enterprises, Inc. (RUSHA) Ex-Dividend Date Scheduled for February 22, 2019 Rush Enterprises, Inc. ( RUSHA ) will begin trading ex-dividend on February 22, 2019. A cash dividend payment of $0.12 per share is scheduled to be paid on March 15, 2019. Shareholders who purchased RUSHA prior to the ex-dividend date are eligible for the cash dividend payment. This marks the 3rd quarter that RUSHA has paid the same dividend. The previous trading day's last sale of RUSHA was $43.2, representing a -7.42% decrease from the 52 week high of $46.66 and a 37.01% increase over the 52 week low of $31.53. RUSHA is a part of the Consumer Durables sector, which includes companies such as Genuine Parts Company ( GPC ) and Copart, Inc. ( CPRT ). RUSHA's current earnings per share, an indicator of a company's profitability, is $3.46. Zacks Investment Research reports RUSHA's forecasted earnings growth in 2019 as -.45%, compared to an industry average of 5.6%. For more information on the declaration, record and payment dates, visit the RUSHA Dividend History page. Our Dividend Calendar has the full list of stocks that have an ex-dividend today. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Copart, Inc. (CPRT) Q2 2019 Earnings Conference Call Transcript Copart, Inc. (NASDAQ: CPRT) Q2 2019 Earnings Conference Call February 21, 2019, 11:00 a.m. ET Contents: Prepared Remarks Questions and Answers Call Participants Prepared Remarks: Operator Good day, everyone, and welcome to the Copart, Inc. Second Quarter Fiscal 2019 Earnings Call. Just a reminder, today's conference is being recorded. For opening remarks and introductions, I would like to turn the call over to Mr. Jay Adair, Chief Executive Officer of Copart, Inc. Please go ahead, sir. A Jayson Adair -- Chief Executive Officer Thank you. Good morning, everyone, and welcome to the second quarter call for Copart. On the call with me today is Jeff Liaw, CFO; and Will Franklin, Executive Vice President. I'm going to turn it over to Jeff Liaw for opening comments, and then Will Franklin will give us an update on operations and then we'll be happy to answer any questions that we have at that time. All right. Thanks so much. Jeff? 10 stocks we like better than Copart When investing geniuses David and Tom Gardner have a stock tip, it can pay to listen. After all, the newsletter they have run for over a decade, Motley Fool Stock Advisor , has quadrupled the market.* David and Tom just revealed what they believe are the 10 best stocks for investors to buy right now... and Copart wasn't one of them! That's right -- they think these 10 stocks are even better buys. See the 10 stocks *Stock Advisor returns as of January 31, 2019 Jeffrey Liaw -- Chief Financial Officer & Senior Vice President of Finance Thanks, Jay. I'll start with safe harbor. During today's call, we'll discuss certain non-GAAP measures, including non-GAAP net income per diluted share, which includes adjustments to reverse the effects of disposals of nonoperating assets, foreign-currency-related gains and losses, the impact of income taxes on the deemed repatriation of foreign earnings, net of deferred tax changes, and certain income tax benefits related to accounting for stock option exercises. We've provided a reconciliation of these non-GAAP financial measures to the most directly comparable GAAP measures on our website under the Investor Relations link and in our press release issued yesterday afternoon. We believe the presentation of these non-GAAP measures, together with our corresponding GAAP measures, is relevant in assessing Copart's business trends and financial performance. We analyze our results on both the GAAP and non-GAAP basis described above. In addition, this call contains forward-looking statements within the meaning of federal securities laws, which are subject to substantial risks and uncertainties that could cause actual results to differ materially from those projected or implied by our statements and comments. We do not undertake to update any forward-looking statements that may be made from time-to-time on our behalf. For a more complete discussion of the risks that could affect our business, please review the management's discussion and analysis portions in our related periodic reports filed with the SEC. Now, I'll turn our attention to the second quarter of our Fiscal 2019. We're pleased with our operating results. Also, I'll start with a reminder that the first six months of Fiscal '18 were distorted by Hurricane Harvey. Over those first two quarters of 2018, we incurred losses of nearly $10 million on an operating basis. Q2, in isolation, would reflect a gain because the first quarter of 2018 would disproportionately capture storm related costs while the second quarter would disproportionately capture storm related revenue. We'll -- I'll make it a point over the course of his call to communicate our key metrics with and without the effects of Hurricane Harvey. We achieved a record second quarter in revenue, gross profits, and operating income, starting with our nominal global revenue growth of 5.6%, with an unfavorable year-over-year currency effect of $4.9 million from foreign operations, primarily due to the relative strength of the dollar in comparison to the pound and the Brazilian real. Excluding the effect of Hurricane Harvey, our revenue growth was 17% even. Our global service revenue growth was 3.7% year-over-year, and again, excluding Hurricane Harvey, was 13.7%. We typically suggest looking to service revenue and service revenue growth as the more accurate indicator of underlying business activity. Our purchased car growth of 19.1% year-over-year, driven largely by our international businesses, split approximately equally between the U.K. and Germany. A quick reminder that our Copart owned inventory remains relatively small at $28.3 million at quarter end, which is small in the context, of course, of the overall business. Turning to unit sales, our nominal global units declined slightly at 0.6% year-over-year, with a slight U.S. unit decline of 3.7% and international unit growth of 18.7%. Again, excluding Hurricane Harvey, our global unit sales grew at 7.7%. U.S. units grew 5.7%. And, excluding Harvey and charities volumes from that U.S. number, our volumes grew 7.5% year-over-year . Our U.S. unit growth was driven by both our insurance and noninsurance segments, which Will will describe in greater detail in a few minutes. Then, turning to inventory, our nominal global inventory grew at 6.6% year-over-year. Excluding the effect of Hurricane Harvey, our inventory grew at 7.7%. For the quarter, our gross profits grew 8.7% year-over-year, excluding Harvey. That same number would be 13.6% year-over-year growth. Our gross margin rate increased from 41.7% a year ago to 42.9% this year. So, approximately a 120-basis point lift. Excluding the effect of Harvey, our gross margin compressed slightly, approximately 1%, which can be explained almost entirely by the slight mix shift to purchase car revenue. Our average selling process for vehicles at Copart auctions in the United States, excluding Hurricane Harvey, grew 16.1% year-over-year. This -- pardon me -- 15.4% year-over-year. That compares to 16.1% growth a year ago. So, 15.4% this year and 16.1% a year ago for the same quarter. Will, again, will provide more context on this phenomenon, a reflection both of the type of cars that are consigned to Copart as well as the expansion and marketing efforts that we pursue with our Copart member base. Turning to our general and administrative expenses, excluding stock compensation and depreciation, were up from $29.7 million a year ago to $33.2 million this year. We're down $1.6 million sequentially versus the first quarter of 2019. Repeating a mantra that you've heard before, in general, G&A expenditures will vary from quarter to quarter and will grow over time with inflation and complexity. We continue to believe we can achieve operating leverage, given the topline growth we've experienced Our GAAP operating income growth was 9.1% for the quarter. Excluding Hurricane Harvey, that same operating income would've grown at 15.5%. Our net interest expense, you can see, is down slightly year-over-year given our lower average net debt balance. Our other income of $4.8 million is largely a gain on the sale of an asset, specifically a now-replaced data center. You also see that adjusted out in our non-GAAP reconciliation. Our second quarter income tax rate was 20.4%, a reflection of the lower U.S. federal tax rate that we've discussed on prior calls, as well as one-time benefits from stock option exercises, which we again reflect in the non-GAAP presentation. Our GAAP net income increased from $103.3 million a year ago to $131.4 million this year, for the second quarter, an increase of 27.2% year-over-year. On a non-GAAP basis, our net income grew 11.5% year-over-year. Excluding the effects of Hurricane Harvey and including an assumption for tax rates, that same growth rate would be 18% plus or minus for non-GAAP net income year-over-year. The non-GAAP schedule -- we've already talked about the major adjustments on that page for the second quarter for this year, which include both the disposal of nonoperating assets as well as the excess tax deduction for stock option exercises. I'll just quickly remind folks that the major adjustment for last year, for the second quarter, was the $10 million adjustment of the one-time transition tax charge that's a reflection of the tax reform assent in that quarter. I'll turn out attention briefly to Germany before coming back, then, to the balance sheet and cash flow. I would encourage folks, for further background, to review the transcript of our first quarter earnings call , where we described in much greater detail the nature of the market and our efforts there. It represented a one-time deep dive, so to speak, into the business. But, as a quick substantive update, we now have 12 locations up and running in pursuit of critical physical footprint across the country. At Copart Germany, we're now running daily auctions across those locations, but the strong majority of our volume sold to buyers outside of Germany. We think that reflects the power of the Copart brand name, our buyer network, and technology platform, and it frankly is a strong testament to the inefficiency of the current market model for total losses in Germany. Our unit sales in Copart Germany are approximately 8x the same volume for a year ago for the second quarter. We also continue to demonstrate our ability to purchase cars through Wreck Online, a listing service that we own, and to sell them at a positive margin at Copart Germany auctions. As you know, we also continue our dialogue in parallel with insurance carriers in Germany, and believe that a Copart model akin to what we have in the U.S. and the U.K. is ultimately the right answer for that market as well, for a host of reasons, including both total loss and claims costs for carriers as well as the claims experience policyholders. Turning to the balance sheet and the cash flow statement, our operating cash flow for the quarter, gross CapEx is $74.4 million. About 60% of the CapEx was attributable to capacity expansion and lease buyouts, with the balance attributable to maintenance and other activities. We also purchases 7.6 million shares of Copart stock in the open market at a weighted average price just below $48.00, for total outlays of approximately $365 million. We funded these purchases with cash on hand and a revolver draw of $93 million as [audio cuts out] at the end of the quarter. We still available liquidity of more than $750 million. With that, I'll turn the call over to EVP Will Franklin. William E. Franklin -- Executive Vice President, U.S. Operations & Shared Services Thank you, Jeff. Let me provide a few comments about our operational performance for the second quarter. Copart, once again, delivered another strong quarter. Our U.S. volume, when adjusted for the Harvey activity in the same quarter last year, grew by 5.7%. Our volume growth continued to be driven by organic growth and market wins within the insurance market and our continued expansion into the noninsurance markets. Organic growth in the salvage market is driven, we believe, by an increase in total loss frequency as high repair costs and our elevated auction returns are leading to a higher percentage of claims resulting in an economic total loss. The growth in our auction returns has significantly outpaced the growth in used car values. Using January 2017 as a baseline, the Manheim Used Car Index has grown 8.4%. Using the same baseline, ASPs we are generating at our U.S. auctions for only insurance cars has grown by 35%. While the rest of the industry is quickly moving toward the digital remarketing convention, we have been completely digital since 2003 when we introduced our BB2 platform. We have continually improved our auction platform, now BB3, over the last 16 years, and is commonly recognized as the standard in the industry. The efficiency of BB3, and our elevated marketing focus on international buyers, have led to a significant growth in bidding activities from those buyers. Our full U.S. website is now translated into seven languages. In addition, we have elements of our website that accommodate languages native to 135 countries. And currently, we sell from the U.S. into 147 countries. In the quarter, 38.4% of all U.S. units sold were to international buyers, and 46.9% of the value of the units sold were to international buyers. In total, over 70% of all the vehicles sold on our U.S. website received at least one bid from an international buyer. Our marketing efforts have two goals -- to bring more buyers to our auction, and to get those who attend to place more bids. We have been successful in both efforts. The number of unique bidders was up 13% and the number of bids received per lot sold was up 8%. Breaking down the growth in unique bidders further, we saw an 11% increase in domestic bidders and a 22% increase in the international unique bidders. The growth in our ASPs has been the primary driver in a 6.4% increase in the U.S. revenue per car. Also contributing to that growth are the additional services we're providing to both the buyers and the sellers. The noninsurance markets continue to be a focus of growth in our U.S. strategy. These markets include franchised independent dealers, finance and leasing companies, fleets, charities, equipment dealers, and wholesalers. Excluding the charity and municipality markets in the U.S., our noninsurance volume grew by almost 20%, and by more than 100% over the same quarter last year and the same quarter two years ago respectively. The growth in volume was spread broadly across multiple seller segments. Volume from dealers was up 14%, finance companies 24%, wholesalers 24%, rental car companies 62%, and fleets and industrial equipment were up 41%. We have successfully grown our noninsurance volumes as we developed better systems integration into fleets, banks, and dealerships as we had developed sales and operational programs targeting individual segments, and as we continue to increase the auction returns that we're delivering to our noninsurance sellers. Turning to the U.K., we delivered another very strong quarter as we saw growth in volume of 11.8%. In local currency, revenue and EBIT grew by 21.7% and 23% respectively. The growth in volume came from increases in both the insurance business, driven once again by market wins and organic growth, and growth in our noninsurance business as we grew our U.K. dealer volumes. We also continue to see meaningful growth in both Brazil and Canada as the value we offer in terms of technology, processes, land, and people has allowed us to expand our market share in those countries. In Canada, we increased our volumes in our local currency revenue by 8.4% and 21.5% respectively. In Brazil, our growth was even more remarkable, increasing our volume and our local currency revenue by 22% and 36.5% respectively. Jeff has already provided commentary on Germany. With that, we note that our operations outside of the Americas, the U.K., and Germany for the quarter remained immaterial in both revenue and EBIT. Globally, we are seeing rising labor, health insurance, and cellphone costs, all of which have led to an increase in our average cost to process each car. Our inventory was up in the U.S., internationally, and worldwide by 5.9%, 11.1%, and 6.6% respectively. When adjusted for Harvey, the growth in the U.S., internationally, and worldwide was 7.2%, 11.1%, and 7.7% respectively. The year-over-year growth in our U.S. inventory over the prior eight quarters has averaged over 9%, and we expect this trend to continue. To accommodate this growth, and to provide stand-alone capacity along the Gulf of Mexica and the East Coast, we have engaged in a massive capacity expansion initiative. In the last three weeks alone, we have announced new yards at Harleyville, South Carolina, serving the Charleston area; Antelope, California, serving the North Bay and Sacramento areas; and Mocksville, North Carolina, serving the Charlotte area. In total, these three yards added over 114 acres of capacity. So far, this fiscal year, we have announced 14 new facilities -- four in the U.S., one each in Brazil and Canada, and eight in Germany. Currently, in the U.S., we have 17 expansion projects in the construction phase and 29 projects in the engineering phase. These 46 projects alone represent thousands of acres of capacity and will ... That concludes my comments. Todd, I'll turn the call back over to you for the Q&A session. Questions and Answers: Operator Thank you. If you would like to ask a question, please signal by pressing *1 on your telephone keypad. If you are using a speakerphone, please make sure your mute function is turned off to allow your signal to reach our equipment. Again, press *1 to ask a question. We'll pause for just a moment to allow everyone an opportunity to signal for questions. We'll take our first question will come from Bob Labick of CJS Securities. Robert James Labick -- CJS Securities, Inc. -- Analyst Good morning. Thanks for taking my question. William E. Franklin -- Executive Vice President, U.S. Operations & Shared Services Hi, Bob. Jeffrey Liaw -- Chief Financial Officer & Senior Vice President of Finance Hi, Bob. A Jayson Adair -- Chief Executive Officer Good morning. Robert James Labick -- CJS Securities, Inc. -- Analyst Hi. I want to -- a couple real quick questions on Germany, and then one on the noninsurance growth, which was very impressive, that you just talked about. Starting with Germany, obviously over the last, I guess, 6-12 months, you've really accelerated your pace of rollout in your growth there. Can you talk about -- what has surprised you the most over the last 6-12 months during this acceleration phase? A Jayson Adair -- Chief Executive Officer I think the biggest surprise was just how well the team performed in terms of opening up so many yards so quickly. When we got there this summer, and started looking at changing our strategy in terms of what would make us the most successful, we realized we needed a network. And that's what's worked for us in the U.S., and the U.K., and other markets -- Brazil, Canada -- is we have a stronger network. We have a better -- an easier ability to pick up cars quickly and provide our services, and really just the team's performance and ability to do that is probably the most surprising thing. Second, I'd say, is just the amount of buyers that we've been able to bring in. Once we started to hold auctions -- and we're auctioning well over 500 cars a week now -- once we started that process and had regular auctions available to the members, the marketing team's just done a really great job on getting our brand out there and cultivating buyers for our auctions. So, it's been very positive. We've talked about it in the past. I like Jeff's comments, which are let's -- let us succeed and perform and then we'll report on those results. But we're very happy with what we see in Germany. Robert James Labick -- CJS Securities, Inc. -- Analyst Okay. Great. And I know you want to succeed and perform first, but I just wanted one more question and then I'll move off it. I know you talked about, potentially over the next several quarters, flipping an insurance company to the U.S. style. Do you still believe that's possible or likely? And if that doesn't happen over the next couple of quarters, what would be the reason that it wouldn't happen? A Jayson Adair -- Chief Executive Officer Well, I do think it's going to happen. The reason it will happen is associated with friction that you have today with the process. So, you're requiring the insured to hold the vehicle and then have some buyer come to their house and pick the vehicle up. And there isn't an insurance company that I have met in Germany yet that isn't concerned with customer service and net promoter scores and giving the best possible brand experience that they can give. And obviously, when we send a uniformed driver in and pick the vehicle up, bring it to our location, and then auction it, and the end buyer's picking up at our location, you don't have that touch with the buyer and the insured. And that can be a negative. There can be a number of scenarios that I could outline for you where the buyer ends up wanting to have a conversation with the insured about the salvage. And clearly, there's not an insurance company that wants that. The second reason is return. We're able to buy cars, as Jeff as mentioned on previous calls -- we're able to buy calls basically through the platforms and then bring them over to our yards and auction them off and get a higher return. And that is just very, very simple. You're allowing buyers from around the country and the world to bid on product that they know they're going to get. There's no contingency. There's no question. If they bid, they're going to own it. Whereas, when they bid on the platforms, there's a less than 10% chance of knowing you're going to get the vehicle. Even if they're high bidder, they may not get the vehicle because the insured may sell it somewhere else, through a body shop or through some other -- through the dealership rather than to the buyer. So, you're taking away that element of unknown and making it a sure -- a guarantee that you're going to get the vehicle. And then, you have the logistical component. And we said this before, it should not be underestimated. When a buyer has to -- when a buyer bids on something and has to pick it up and go to three different locations, three different insureds homes, and pick that vehicle up within a certain amount of timeframe, that adds a degree of difficulty. When a buyer can bid on three different Copart locations and buy a half a dozen or a dozen vehicles so the can get a lot more product, and then they can take three weeks to pick it up, as opposed to having to get it out within four days, that's just a better experience for the buyer as well. So, I just -- I don't have any doubt at this point that we're going to see continued traction in that market. Robert James Labick -- CJS Securities, Inc. -- Analyst Great. That was really helpful color. Thank you. And then, just one last quick one -- obviously, you just discussed very impressive growth of noninsurance from dealers, finance, wholesalers, rental cars, etc. Who were the primary buyers of these? Are these the new unique bidders coming online? Or just talk a little bit about the buyer base there, how it may be different than your core, or if it is exactly the same. William E. Franklin -- Executive Vice President, U.S. Operations & Shared Services No, Bob. I think the profile of our buyer base changes constantly based on the product that we're offering. And you're seeing buyers that have an appetite for these different types of cars, and even heavy equipment that we're offering -- and that's the -- that just demonstrates the efficiency of our auction platform. We easily get to those buyers. Those buyers easily get to us and are able to view these cars. Jeffrey Liaw -- Chief Financial Officer & Senior Vice President of Finance Bob, I'd just add to that that I think both are true. So, we expand as the nature of the cars that we offer evolves. Our buyer base expands further as well. But it's also true that the existing buyer base is thirsty for the kind of cars that are offered by the dealer consigners. Otherwise, by the way, they wouldn't consign through us. As much as we'd like to say we're fantastic or independent dealers and so forth, they vote with their feet and they vote as a reflection of the auction prices they achieve at Copart auctions. So, I think it's a testament to the power of that buyer network that they're doing quite well and bringing more cars to Copart over the time. I think that also has a virtuous cyclical affect as well because then those newer, or less damaged, or nondamaged, cars then bring further buyers into the network as well. So, I think it's a marketplace that continues to expand on both sides -- buyers and sellers. Robert James Labick -- CJS Securities, Inc. -- Analyst Great. Thanks very much. Jeffrey Liaw -- Chief Financial Officer & Senior Vice President of Finance Thanks, Bob. Operator Thank you. We'll take our next question from Craig Kennison of Baird. Craig R. Kennison -- Robert W. Baird & Co. -- Analyst Thank you for taking my questions. Will, I wanted to start with you on the noninsurance business -- continue to see great growth there. Can you provide examples of systems integration tools that you're using to drive your noninsurance volumes with dealers, fleet operators, or rental companies? William E. Franklin -- Executive Vice President, U.S. Operations & Shared Services Sure. I mean, each of these segments tend to migrate to different platforms for their system operations. For example, the finance companies use a system called AutoIMS. The dealers use Dealertrack or DealerSocket -- a number of those other systems. The buyers seem to come to us from AuctionACCESS. And it's extremely important for us to write the integrations that are needed to reduce any friction that is caused by operating the two different systems -- our system and theirs. And we have a significant initiative along the lines of creating those integrations. And that's just part of it. It's not just the systems. It's the processes. For example, heavy equipment -- transportation of a piece of heavy equipment could cost $4,000-5,000 as opposed to well under $100.00 for an insurance company. The titling process for charities, where you got to pick up the title when you pick up the car, is completely different than the titling processes for dealerships. Dealers are much more concerned and in need of after auction services, like counterbidding -- and I can go on and on. Finance companies have rules that surround repossessions, even voluntary repossessions, with which we have to provide special documentation and compliance. And so, it's just not a matter of being integrated into their software systems. It's being able to change our processes to accommodate their specific needs. Craig R. Kennison -- Robert W. Baird & Co. -- Analyst That helps. And then, to what extent is the growth fueled by new customers trying your services versus customers that you've already landed that are dramatically increasing the use of your service? William E. Franklin -- Executive Vice President, U.S. Operations & Shared Services It's both. We're seeing organic growth. We're seeing people -- customers that we've had for years that we're contacting again. We're, like I said, eliminating the friction -- whether it's systematic or process -- encouraging them to send us cars. And the returns that they are receiving have driven more and more volume. It's not one big thing. It's a combination of a lot of little things that we're doing internally. Craig R. Kennison -- Robert W. Baird & Co. -- Analyst Got it. And then, I also wanted to ask about the total loss rate trend in the U.S. and in Europe. Where do you think that loss rate is headed in 2019 and beyond? And then, when you look at Europe, do you have any data to frame where the total loss rate is today and where that may be headed? Jeffrey Liaw -- Chief Financial Officer & Senior Vice President of Finance Craig, I'll comment on the first of your question as per total loss rate. I think this is, as you know, the one way tailwind behind the business for the last 40 years, right? That the cars, once they're in accidents, are evermore prone to being totaled than repaired. I think that's an unassailable macro factor that's really hard to read on a micro basis. So, trying to forecast that quarter-to-quarter, even year-to-year, is tough. We do think the overwhelming forces at work here will drive it upwards over time. There's no particular ceiling that we have in mind. So, I don't have a good point in time forecast for you for 2019. As for Europe, I think the data -- we haven't seen a comprehensive data source that's quite as exhaustive as CCC here in the U.S., so don't have a comparable number to share with you. The U.K., as you know, is very different from Germany, for example, even at how they practice -- or how they handle total losses. But no, we don't have any point estimates as precise as the major sources we have here in the U.S. Craig R. Kennison -- Robert W. Baird & Co. -- Analyst Got it. Hey, thank you. Jeffrey Liaw -- Chief Financial Officer & Senior Vice President of Finance Thanks, Craig. Operator Thank you. We'll take our next question from Bret Jordan of Jefferies. Bret D. Jordan -- Jefferies, LLC -- Analyst Hey, good morning, guys. Jeffrey Liaw -- Chief Financial Officer & Senior Vice President of Finance Bret. Bret D. Jordan -- Jefferies, LLC -- Analyst On the purchase car trend in Germany, is it possible to get the agency volumes up without flipping the insurance companies, in the sense that, if the individual's still selling the car, once you have enough auction traffic, will they send you the car on consignment as opposed to you having to buy it? A Jayson Adair -- Chief Executive Officer Right now, we're acquiring cars so we can hold auctions. So, we're doing that through the platform. We do have some noninsurance volume coming in now, as well. So, we're starting to process vehicles for companies that service the insurance industry as well as rental car companies. But currently, the strategy is to illustrate the benefits to the large insurers and then have them switch over to our model. Bret D. Jordan -- Jefferies, LLC -- Analyst Okay. Great. And then, on Will's comments around the real estate pipeline, could you put -- maybe some timeframe around hose thousands of acres? Is that going to be a very large near-term acquisition of real estate, or is that 46 projects over a period of years? William E. Franklin -- Executive Vice President, U.S. Operations & Shared Services I think years is too long. I think within 24 months the vast majority of all those 47 projects should be delivered. Bret D. Jordan -- Jefferies, LLC -- Analyst Okay, great. Thank you. Operator Thank you. We'll take our next question from Gary Prestopino of Barrington Research. Gary F. Prestopino -- Barrington Research Associates, Inc. Hey, good morning, everyone. Hey, Will, when you talked about the noninsurance, did you give the percentage breakdown of what percentage of vehicles were noninsurance this quarter versus last year? Or can you give that? Operator Hello? Jeffrey Liaw -- Chief Financial Officer & Senior Vice President of Finance Yeah, we're still waiting to get that. Do you have any other questions while they gather that information? Gary F. Prestopino -- Barrington Research Associates, Inc. Oh, certainly I do. In terms of the gross margin on the purchase vehicles, it was -- sequentially, it was down a couple hundred basis points. Is that just an impact of more growth in Germany, or is that currency, or what? Jeffrey Liaw -- Chief Financial Officer & Senior Vice President of Finance It is a reflection, in part, of growth in Germany. It is largely not currency, because currency would affect both sides of that ledger, Gary, right, because of the buy-ins. Gary F. Prestopino -- Barrington Research Associates, Inc. Right. Okay. Jeffrey Liaw -- Chief Financial Officer & Senior Vice President of Finance It's partially Germany. It's partially also that purchase car banks can affect this as well. So, as the -- if the prices, for example, can rise for certain purchase cars -- we talked about this before. But the more a car bought and sold for, the lower [audio cuts out] dollar spread grows [audio cuts out] do not expect on a $10,000 car to make double the profit you would on a $5,000 purchase car, for what it's worth. Gary F. Prestopino -- Barrington Research Associates, Inc. Okay. And then, lastly, I wanted to ask about the vehicle pooling cost. They were -- year-over-year they were up pretty dramatically. What would account for that? Jeffrey Liaw -- Chief Financial Officer & Senior Vice President of Finance That's largely an effect of the accounting change, Gary. So, it -- to make a long story short, the -- anyway, check the second quarter transcript. I think you'll find pretty robust discussion there of how the accounting now forces us to push more revenue -- we used to pull more revenue forward. Now, we push more back, which hangs more of it on the balance sheet, which is -- and the corresponding costs, which is why BPC is up so dramatically. Gary F. Prestopino -- Barrington Research Associates, Inc. Yeah, OK. That would explain it. And them, lastly, Jeff, I got on the call late. I actually got hooked into the wrong call. Could you give me some of those unit volume numbers that you generally address at the beginning of the call -- or unit volume changes, or whatever? Jeffrey Liaw -- Chief Financial Officer & Senior Vice President of Finance Yeah, I'll give you the big ones. So, unit sales -- nominal unit sales climbed 0.6%, U.S. unit declined 3.7%, international growth of 18.7. Excluding Hurricane Harvey, global unit sales growth of 7.7, U.S. unit growth of 5.7, ex-Harvey and ex-charities we said in the U.S. we said was 7.5%. Gary F. Prestopino -- Barrington Research Associates, Inc. Okay. Thank you. William E. Franklin -- Executive Vice President, U.S. Operations & Shared Services Gary, I got that number for you on the percentage of non-insurance vehicles sold last quarter. In the U.S., it was 22.9%. In the same quarter last year, it was 20.8%. Gary F. Prestopino -- Barrington Research Associates, Inc. Okay. Thank you. William E. Franklin -- Executive Vice President, U.S. Operations & Shared Services You're welcome. Operator Thank you. We'll take our next question from Chris Bottiglieri of Wolfe Research. Chris Bottiglieri -- Wolfe Research, LLC -- Analyst Thanks for taking the question. I was hoping you could disaggregate the increased average selling prices. I would think some of it's mixed. Is there a way to maybe just look at what the ASPs have done, just for the insurance segment? William E. Franklin -- Executive Vice President, U.S. Operations & Shared Services You're right. A portion of it is mixed, and we don't -- we haven't separated the impact -- the change in mix versus the increase in ASPs solely for insurance companies. So, I'm not sure we can provide that to you on the call. Jeffrey Liaw -- Chief Financial Officer & Senior Vice President of Finance I think Will did provide the stats on Manheim on a two-year basis, and U.S. insurance only being up 35%. William E. Franklin -- Executive Vice President, U.S. Operations & Shared Services Right. But not the impact it has on revenue. Jeffrey Liaw -- Chief Financial Officer & Senior Vice President of Finance Right, not the impact on revenue. But the point is that ASPs are up, and up significantly year over year, including for the insurance segment in isolation. So, it's not just mix shift. It is also significant increases in insurance ASPs in the United States. Chris Bottiglieri -- Wolfe Research, LLC -- Analyst Gotcha. That's what I'm trying to arrive at. So, when you think about what's deriving this, is there any metrics you can cite in terms of the total loss rates? Are you seeing that total loss rates are increasing even more for younger vehicles than for older vehicles, or anything you can demonstrate -- use to demonstrate that there's a younger vehicle being totaled today than historically? Jeffrey Liaw -- Chief Financial Officer & Senior Vice President of Finance I think the themes you've heard us talk about on the last few calls all still hold true, which is that we are seeing on average slightly newer cars being totaled. So, if we look at the model year of the car we sell, we are selling more newer cars than -- today than we were a year ago, and that's been true for a while. We are also selling less damaged cars, so the cars are totaling more easily. We have certain metrics to -- the insurance companies do, rather, and they provide them to us, regarding repair estimates. So, how much is the repair estimate relative to the intact value of the car? And we are seeing, by that particular barometer, less damaged cars entering our system over time. On the flipside of this, is all the bidding phenomenon that Will described. So, I think we are seeing newer and less damaged cars on the supply side. And on the demand side, you are seeing more international buyers -- more buyers period, by the way, domestic and international -- but also diversified and global buyer base for our cars. So, it's both of those things working in concert that has driven selling prices up. Chris Bottiglieri -- Wolfe Research, LLC -- Analyst Gotcha. And just lastly, there, I mean, the total loss rates have been pretty amazing, and it sounds like you're still looking for that 7-9% volume growth. Do you have any data on accident frequency? What are you seeing there? Are accidents still down year-over-year? Do you think some of this collision avoidance technology is yet impacting accident frequency, or do you think it's still too far off? William E. Franklin -- Executive Vice President, U.S. Operations & Shared Services We probably don't have any better data than you do, so we follow third-party sources like the FastTrack data and so forth. And what I'd say first is that, for the vast majority of this company's history, accident frequency has declined slightly -- steadily, but very slightly -- over time and it's been dwarfed by, of course, total loss frequency on the other side of the equation. So, that has driven organic unit volumes up very meaningfully over time. I do think that the rapid increases in accident frequency we saw from 2011/2012-2106 have tapered. So, accident frequency may be declining somewhat -- maybe flat. But it's not rising at the rate that it had previously -- total loss frequency, as far as we can tell, continues its upward trend. Chris Bottiglieri -- Wolfe Research, LLC -- Analyst Yeah, so that's helpful. Thank you. Operator Thank you. We'll take our next question from Daniel Imbro with Stephens Inc. Daniel Imbro -- Stephens Inc. -- Analyst Yep. Hey, good morning, guys. Thanks for taking my questions. Industry growth in Germany -- I think you mentioned, Jeff, you guys are at 12 locations. As a footprint, is that a sufficient network to service the country today? And how is the salvage industry in that market growing? Obviously, you guys are growing rapidly, taking share. But is the market also growing high single digits similar to the U.S.? Jeffrey Liaw -- Chief Financial Officer & Senior Vice President of Finance So, as for the footprint, I think the -- this is sufficient for us to participate actively in Germany. There's no doubt in my mind that, over time, as we penetrate the market to grow our platform, we will invest dramatically more still in landing capacity there. So, the 12 is a good spread geographically across the country. But in terms of sufficiency of capacity, we are still in the very early innings of our participation in Germany. Your second question, again, was, Derek (sic)? Daniel Imbro -- Stephens Inc. -- Analyst Just on industry growth in Germany. Is it similar to the U.S., in that high single-digit range? Jeffrey Liaw -- Chief Financial Officer & Senior Vice President of Finance That's a tricky question to answer. So, even your point about our taking shares is a very nuanced concept in the sense that we are taking share from what is a very different traditional salvage model, through the listing service, etc., which I'm sure you heard and can review again from the second quarter call. But in a nutshell, I don't think the underlying characteristics should be different from the U.S. and the U.K. in the sense that the cars are relatively old across the system. So, Germany is a mature economy that has had cars for a long time. So, the average fleet age, likewise, is old, in comparison, by the way, to developing markets or to economies that have grown tremendously in the last decade or two -- China, and India, and the like -- where the cars are relatively new by comparison. So, the cars are old. The cars are expensive to repair, meaning labor costs are high, parts costs are high, regulatory burdens are also meaningful -- meaning you have to restore airbags back to intact condition to drive cars. All of those same underlying forces are similar in Germany, but for like-for-like salvage auction statistics in Germany, we don't have them because they don't exist, right? We are the first ones to attempt to deploy the Copart model, so to speak, in Germany. Daniel Imbro -- Stephens Inc. -- Analyst Fair. Thanks. Will, I think you mentioned that over 30% of U.S. vehicles are now going abroad. And I'm assuming that some of those vehicles are going over to Europe. So, can you talk about the buyer base in Germany to the extent -- I would just love to hear your thoughts around -- over time, as you develop the German market and the further EU market, does that cannibalize any of the international demand that you're seeing at your U.S. auctions today? William E. Franklin -- Executive Vice President, U.S. Operations & Shared Services No, it really doesn't. Most of our international activity is in the less developed countries. Most of our cars provide affordable transportation, and our top three are Mexico, which is obvious because of its proximity to the United States. The next two are the UAE and to Nigeria. And we're also seeing significant growth in the Caucasus countries. There is some cross pollination in our buyers in Germany, but it's not significant in its scope. And we don't think it'll have a cannibalization impact on our international activity as Germany develops. Daniel Imbro -- Stephens Inc. -- Analyst Okay, great. And then, last one for me -- just on capital allocation, you guys obviously chose to deploy capital toward share repo on the quarter, and you funded it with some short-term debt. Understanding you don't want to comment on any future activity, but has your appetite culturally to maybe carry more leverage on the business changed today, given some of the scale you've seen -- you gained in the recent years? Jeffrey Liaw -- Chief Financial Officer & Senior Vice President of Finance No, I don't think there's been a philosophical shift at Copart, if you go back just a few years, even. At the end of 2014, we had leverage on the balance sheet for share repurchases we consummated in the summer and -- summer of 2015 and December 2015. So, we had a little bit more leverage then, even than we do now. But no, there's no philosophical shift in how we think about leverage. We generally prefer to be -- to have meaningful financial flexibility, which gives us strategic flexibility when it comes to acquiring land, pursuing international growth and so forth. So, we'll continue to be a relatively low leverage institution. Daniel Imbro -- Stephens Inc. -- Analyst Got it. Thanks so much, guys. Operator Thank you. Again, if you would like to ask a question, please press *1 now. We'll take our next question from Derek Glynn of Consumer Edge Research. Derek Glynn -- Consumer Edge Research LLC -- Analyst Thank you for taking my question. As you think about additional growth opportunities outside of North America or Europe, China and India stand out as potentially two large markets in the long run. Can you provide an update on how you view those opportunities and whether investments have been made to expand there? Jeffrey Liaw -- Chief Financial Officer & Senior Vice President of Finance I think you captured the thought well, in that they are very promising markets long term. But for a host of reasons, the markets haven't yet materialized to nearly the same extent that they have in Europe and the United States. So, we'll be there when it emerges, but it's not in the next -- not on the next couple of years anyway. Derek Glynn -- Consumer Edge Research LLC -- Analyst Okay. Understood. Thank you. Operator Thank you. This concludes our question-and-answer session. I'll turn it back to management for closing remarks. A Jayson Adair -- Chief Executive Officer Thank you. Thank you, for coming on the call, and we look forward to reporting on the next call on Q2. Thanks again. Bye-bye. ... Operator Ladies and gentlemen, thank you for your participation. This concludes today's conference. Have a great rest of your day. Duration: 46 minutes Call participants: A Jayson Adair -- Chief Executive Officer Jeffrey Liaw -- Chief Financial Officer & Senior Vice President of Finance William E. Franklin -- Executive Vice President, U.S. Operations & Shared Services Craig R. Kennison -- Robert W. Baird & Co. -- Analyst Daniel Imbro -- Stephens Inc. -- Analyst Chris Bottiglieri -- Wolfe Research, LLC -- Analyst Gary F. Prestopino -- Barrington Research Associates, Inc. Derek Glynn -- Consumer Edge Research LLC -- Analyst Bret D. Jordan -- Jefferies, LLC -- Analyst Robert James Labick -- CJS Securities, Inc. -- Analyst More CPRT analysis This article is a transcript of this conference call produced for The Motley Fool. While we strive for our Foolish Best, there may be errors, omissions, or inaccuracies in this transcript. As with all our articles, The Motley Fool does not assume any responsibility for your use of this content, and we strongly encourage you to do your own research, including listening to the call yourself and reading the company's SEC filings. Please see our Terms and Conditions for additional details, including our Obligatory Capitalized Disclaimers of Liability. 10 stocks we like better than Copart When investing geniuses David and Tom Gardner have a stock tip, it can pay to listen. After all, the newsletter they have run for over a decade, Motley Fool Stock Advisor , has quadrupled the market.* David and Tom just revealed what they believe are the 10 best stocks for investors to buy right now... and Copart wasn't one of them! That's right -- they think these 10 stocks are even better buys. See the 10 stocks *Stock Advisor returns as of January 31, 2019 Motley Fool Transcription has no position in any of the stocks mentioned. The Motley Fool recommends Copart. The Motley Fool has a disclosure policy . The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Copart's Sales Slowed Again in Q2, but Earnings Popped In its second-quarter results released on Feb. 20, Copart (NASDAQ: CPRT) , an online automotive auction company, reported that sales ticked up by 5.6% from the year-ago quarter to $484.9 million. While this sales increase was modest, especially compared to its first-quarter revenue boost of more than 10%, Copart's net income grew faster and was up 27% from the year-ago quarter to $131.4 million. Copart results: The raw numbers Data source: Copart . What happened with Copart this quarter? Slowing sales growth has been an ongoing trend for the company over the past several quarters. Sales growth of just over 5% in the most recent quarter follows an increase of 10% in the first quarter and an 18.7% jump in the fourth quarter of fiscal 2018. Looking back over the past year and a half, Copart's latest Q2 revenue growth was the lowest year-over-year increase in the past six quarters. The reason for Copart's stagnating revenue growth comes from the company's service revenue, which accounted for 86% of its total sales in the quarter. Service revenue increased by less than 4% in the second quarter 2019, compared to nearly 30% growth in the year-ago quarter. As was the case last quarter, Copart's yard operations expenses (the cost to house vehicles and sell them) decreased, which helped the company increase its gross profit in the second quarter. That increase, mixed with lower income taxes, helped earnings jump in the quarter even though total sales slowed down. Copart's vehicle sales continued to grow in the second quarter, with revenue up 19% from the year-ago quarter to $68.1 million. Vehicle sales accounted for 14% of total revenue in the quarter. Additionally, the company ended its second quarter with cash and cash equivalents of $108.2 million, down slightly from $195.3 million from the year-ago quarter. What investors can expect Copart's share price popped following the release of the second-quarter results and are up nearly 6% at 1:15 p.m. on Thursday, indicating that despite slowing sales, investors are happy with the company's earnings growth. Its share price is up about 20% over the past year even after it tumbled in late 2018. That drop came after the company reported its fourth-quarter results, but part of the slide was likely a reaction by investors to a broader sell-off in the market. Though Copart doesn't provide any earnings guidance for upcoming quarters, investors should continue to watch its sales figures closely. It's great to see increasing earnings, but with only a 5% revenue jump in the second quarter, the company is coming very close to stagnating sales growth. 10 stocks we like better than Copart When investing geniuses David and Tom Gardner have a stock tip, it can pay to listen. After all, the newsletter they have run for over a decade, Motley Fool Stock Advisor , has quadrupled the market.* David and Tom just revealed what they believe are the 10 best stocks for investors to buy right now... and Copart wasn't one of them! That's right -- they think these 10 stocks are even better buys. See the 10 stocks *Stock Advisor returns as of January 31, 2019 Chris Neiger has no position in any of the stocks mentioned. The Motley Fool recommends Copart. The Motley Fool has a disclosure policy . The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Copart shares are trading higher after the company beat Q2 EPS estimates."", ""Copart, Inc.'s (CPRT) CEO Jayson Adair on Q2 2019 Results - Earnings Call Transcript"", ""Copart +4.8% post Q2 results""]"
CPRT,2019-02-22,14.105,14.675,14.0375,14.5725,"[""Copart Shows Market Leadership With Jump To 82 RS Rating"", ""Copart (CPRT) Q2 Earnings Surpass Estimates, Improve Y/Y"", ""Copart (CPRT) Looks Good: Stock Adds 5.7% in Session"", ""Copart Shows Market Leadership With Jump To 82 RS Rating"", ""Copart (CPRT) Looks Good: Stock Adds 5.7% in Session"", ""Copart (CPRT) Q2 Earnings Surpass Estimates, Improve Y/Y"", ""Copart (CPRT) Looks Good: Stock Adds 5.7% in Session Copart, Inc.CPRT was a big mover last session, as the company saw its shares rise nearly 6% on the day. The move came on solid volume too with far more shares changing hands than in a normal session. This continues the recent uptrend for the company-as the stock is now up 12.9% in the past one-month time frame. The upmove came after the company's second quarter fiscal 2019 earnings trumped estimates. The company has seen no changes when it comes to estimate revision over the past few weeks, while the Zacks Consensus Estimate for the current quarter has also remained unchanged. The recent price action is encouraging though, so make sure to keep a close watch on this firm in the near future. Copart currently has a Zacks Rank #2 (Buy) while its Earnings ESP is 0.00%. Copart, Inc. Price Copart, Inc. Price | Copart, Inc. Quote Another stock worth considering in the Auction and Valuation Services industry is Ritchie Bros. Auctioneers Incorporated RBA which carries a Zacks Rank #2 (Buy). You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here . Is CPRT going up? Or down? Predict to see what others think: Up or Down Wall Street's Next Amazon Zacks EVP Kevin Matras believes this familiar stock has only just begun its climb to become one of the greatest investments of all time. It's a once-in-a-generation opportunity to invest in pure genius. Click for details >> Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Copart, Inc. (CPRT): Free Stock Analysis Report Ritchie Bros. Auctioneers Incorporated (RBA): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Copart (CPRT) Q2 Earnings Surpass Estimates, Improve Y/Y Copart, Inc.CPRT reported adjusted earnings per share of 52 cents in second-quarter fiscal 2019 (ended January 31, 2019), beating the Zacks Consensus Estimate of 51cents. In the year-ago quarter, the bottom line was 47 cents. Net income was $131.4 million, reflecting an increase of 27.2% or $28.1 million from second-quarter fiscal 2018. Copart's revenues rose 5.6% to $484.9 million from the year-ago quarter. However, revenues missed the Zacks Consensus Estimate of $494.3 million. Compared with the prior-year quarter, service revenues increased to $416.8 million from $402 million. Revenues from vehicle sales were $68.1 million in comparison with $57.2 million in second-quarter fiscal 2018. Gross profit improved to $208.2 million from $191.6 million a year ago. Total operating expenses increased to $320.2 million from $308.2 million recorded in the prior-year period. Operating income increased to $164.7 million from $150.9 million a year ago. Copart, Inc. Price, Consensus and EPS Surprise Copart, Inc. Price, Consensus and EPS Surprise | Copart, Inc. Quote Financial Details Copart had cash and cash equivalents of $108.2 million as of Jan 31, 2019, compared with $274.5 million as of Jul 31, 2018. Long-term debt, revolving loan facility and capital lease obligations were $398.7 million as of Jan 31, 2019, similar to the figure recorded on Jul 31, 2018. At the end of the first six months of fiscal 2019, Copart generated net cash flow of $215.2 million from operations compared with $180.9 million in the year-ago period. Zacks Rank & Key Picks Copart currently carries a Zacks Rank #2 (Buy). A few other top-ranked stocks in the auto space are Garrett Motion Inc. GTX , Oshkosh Corp. OSK and General Motors Company GM . While Garrett Motion currently sports a Zacks Rank #1 (Strong Buy), both Oshkosh and General Motors has a Zacks Rank #2. You can see the complete list of today's Zacks #1 Rank stocks here . Garrett Motion has an expected long-term growth rate of 25.5%. Over the past three months, shares of the company have risen 29.8%. Oshkosh has an expected long-term growth rate of 11.3%. Over the past three months, shares of the company have increased 18.2%. General Motors has an expected long-term growth rate of 8.5%. Over the past three months, shares of the company have risen 11.4%. Wall Street's Next Amazon Zacks EVP Kevin Matras believes this familiar stock has only just begun its climb to become one of the greatest investments of all time. It's a once-in-a-generation opportunity to invest in pure genius. Click for details >> Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report General Motors Company (GM): Free Stock Analysis Report Oshkosh Corporation (OSK): Free Stock Analysis Report Copart, Inc. (CPRT): Free Stock Analysis Report Garrett Motion Inc. (GTX): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Copart Shows Market Leadership With Jump To 82 RS Rating"", ""Copart (CPRT) Looks Good: Stock Adds 5.7% in Session"", ""Copart (CPRT) Q2 Earnings Surpass Estimates, Improve Y/Y""]"
CPRT,2019-02-25,14.61,14.83,14.5725,14.8025,
CPRT,2019-02-26,14.8475,14.9525,14.71,14.7275,"[""Copart Was Built To Thrive On Looming Mediocrity"", ""KAR Auction Services: Will The Spin-Off Unlock Value? Part 1"", ""Copart Was Built To Thrive On Looming Mediocrity"", ""KAR Auction Services: Will The Spin-Off Unlock Value? Part 1"", ""Copart Was Built To Thrive On Looming Mediocrity"", ""KAR Auction Services: Will The Spin-Off Unlock Value? Part 1""]"
CPRT,2019-02-27,14.7,14.735,14.5225,14.62,"[""Buffett and 'Asset-Light' Investing"", ""Buffett and 'Asset-Light' Investing"", ""Group 1 Automotive, Inc. (GPI) Ex-Dividend Date Scheduled for February 28, 2019 Group 1 Automotive, Inc. ( GPI ) will begin trading ex-dividend on February 28, 2019. A cash dividend payment of $0.26 per share is scheduled to be paid on March 15, 2019. Shareholders who purchased GPI prior to the ex-dividend date are eligible for the cash dividend payment. This marks the 5th quarter that GPI has paid the same dividend. The previous trading day's last sale of GPI was $62.86, representing a -22.55% decrease from the 52 week high of $81.16 and a 29.1% increase over the 52 week low of $48.69. GPI is a part of the Consumer Durables sector, which includes companies such as Genuine Parts Company ( GPC ) and Copart, Inc. ( CPRT ). GPI's current earnings per share, an indicator of a company's profitability, is $7.78. Zacks Investment Research reports GPI's forecasted earnings growth in 2019 as 2.38%, compared to an industry average of 3.9%. For more information on the declaration, record and payment dates, visit the GPI Dividend History page. Our Dividend Calendar has the full list of stocks that have an ex-dividend today. Interested in gaining exposure to GPI through an Exchange Traded Fund [ETF]? The following ETF(s) have GPI as a top-10 holding: Invesco S&P Smallcap 600 Pure Value ETF ( RZV ) SPDR S&P Retail ETF ( XRT ) Validea Market Legends ETF ( VALX ). The top-performing ETF of this group is VALX with an decrease of -5.14% over the last 100 days. RZV has the highest percent weighting of GPI at 1.3%. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Cooper Tire & Rubber Company (CTB) Ex-Dividend Date Scheduled for February 28, 2019 Cooper Tire & Rubber Company ( CTB ) will begin trading ex-dividend on February 28, 2019. A cash dividend payment of $0.105 per share is scheduled to be paid on March 29, 2019. Shareholders who purchased CTB prior to the ex-dividend date are eligible for the cash dividend payment. This marks the 23rd quarter that CTB has paid the same dividend. The previous trading day's last sale of CTB was $33.27, representing a -5.91% decrease from the 52 week high of $35.36 and a 47.38% increase over the 52 week low of $22.58. CTB is a part of the Consumer Durables sector, which includes companies such as Genuine Parts Company ( GPC ) and Copart, Inc. ( CPRT ). CTB's current earnings per share, an indicator of a company's profitability, is $1.52. Zacks Investment Research reports CTB's forecasted earnings growth in 2019 as 13.65%, compared to an industry average of 9.4%. For more information on the declaration, record and payment dates, visit the CTB Dividend History page. Our Dividend Calendar has the full list of stocks that have an ex-dividend today. Interested in gaining exposure to CTB through an Exchange Traded Fund [ETF]? The following ETF(s) have CTB as a top-10 holding: Invesco Russell 2000 Pure Value ETF ( PXSV ). The top-performing ETF of this group is PXSV with an decrease of -5.7% over the last 100 days. It also has the highest percent weighting of CTB at 0.91%. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Buffett and 'Asset-Light' Investing""]"
CPRT,2019-02-28,14.63,14.8725,14.5325,14.6675,"[""Auto Stock Roundup: SAH, CPRT, MGA Beat on Earnings, AN Lags Estimates"", ""Auto Stock Roundup: SAH, CPRT, MGA Beat on Earnings, AN Lags Estimates"", ""Auto Stock Roundup: SAH, CPRT, MGA Beat on Earnings, AN Lags Estimates""]"
CPRT,2019-03-01,14.72,14.7575,14.49,14.6,"The Zacks Analyst Blog Highlights: Sonic Automotive, Copart, AutoNation and Magna International For Immediate Release Chicago, IL - March 1, 2019 - Zacks.com announces the list of stocks featured in the Analyst Blog. Every day the Zacks Equity Research analysts discuss the latest news and events impacting stocks and the financial markets. Stocks recently featured in the blog include: Sonic Automotive, Inc. SAH , Copart, Inc. CPRT , AutoNation Inc. AN and Magna International Inc. MGA . Here are highlights from Thursday's Analyst Blog: Auto Stock Roundup: SAH, CPRT, AN & More Some companies from the Auto sector - including Sonic Automotive, Inc., Copart, Inc., AutoNation Inc. and Magna International Inc. - have reported quarterly results in the past week. During the quarter under review, earnings and revenues of Magna surpassed estimates. Sonic Automotive and Copart also beat on earnings while missing revenue estimates. However, AutoNation's earnings and revenues missed estimates. Recap of the Week's Most Important Stories 1. Sonic Automotive registered adjusted earnings per share of 76 cents in fourth-quarter 2018, beating the Zacks Consensus Estimate of 75 cents. However, the bottom line was lower than the fourth-quarter 2017 figure of 84 cents per share. Total revenues in the reported quarter were $2.57 billion, down from the prior-year quarter figure of $2.67 billion. Further, revenues missed the Zacks Consensus Estimate of $2.69 billion. During the reported quarter, revenues from the sale of total new vehicles decreased 11.2% year over year to $1.32 billion. Revenues from used vehicles rose 10.2% to $755.9 million. Wholesale vehicle revenues rose 22% to $49.9 million. Revenues from parts, services and collision repair decreased 4.5% to $339.3 million while finance, insurance and other revenues rose 9.4% to $109.6 million. In fourth-quarter 2018, gross profit decreased to $370.7 million from $384.1 million recorded a year ago. Selling, general and administrative expenses decreased to $273.9 million from $277.6 million in the year-ago quarter. The company reported operating income of $58.7 million compared with $77.2 million in the year-ago quarter. In fourth-quarter 2018, EchoPark stores retailed 8,762 units, up 94.9% on a year-over-year basis. (Read more: Sonic Automotive Q4 Earnings Beat, Revenues Miss ) Sonic Automotive currently carries a Zacks Rank #5 (Strong Sell). 2. Copar t report ed adjusted earnings per share of 52 cents in second-quarter fiscal 2019 (ended January 31, 2019), beating the Zacks Consensus Estimate of 51 cents. In the year-ago quarter, the bottom line was 47 cents. Net income was $131.4 million, reflecting an increase of 27.2% or $28.1 million from second-quarter fiscal 2018. Copart's revenues rose 5.6% to $484.9 million from the year-ago quarter. However, revenues missed the Zacks Consensus Estimate of $494.3 million. Compared with the prior-year quarter, service revenues increased to $416.8 million from $402 million. Revenues from the sale of vehicles were $68.1 million in comparison with $57.2 million in second-quarter fiscal 2018. Gross profit improved to $208.2 million from $191.6 million a year ago. Total operating expenses increased to $320.2 million from $308.2 million recorded in the prior-year period. Operating income increased to $164.7 million from $150.9 million a year ago. Copart had cash and cash equivalents of $108.2 million as of Jan 31, 2019, compared with $274.5 million as of Jul 31, 2018. Long-term debt, revolving loan facility and capital lease obligations were $398.7 million as of Jan 31, 2019, similar to the figure recorded on Jul 31, 2018. At the end of the first six months of fiscal 2019, Copart generated net cash flow of $215.2 million from operations compared with $180.9 million in the year-ago period. (Read more: Copart Q2 Earnings Surpass Estimates, Improve Y/Y ) Copart currently carries a Zacks Rank #3 (Hold). You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here . 3. In fourth-quarter 2018, AutoNation reported adjusted earnings of $1.10 per share, missing the Zacks Consensus Estimate of $1.14. In the year-ago quarter, earnings had come in at $1.64 per share. Net income from continuing operations was $93 million compared with $152 million in fourth-quarter 2017. During the quarter under review, AutoNation's revenues were $5.41 billion compared with $5.68 billion in the prior-year quarter. The top line also missed the Zacks Consensus Estimate of $5.61 billion. New-vehicle revenues decreased 8.3% year over year to $3.07 billion in fourth-quarter 2018. Used-vehicle revenues rose 0.4% to $1.21 from the year-ago figure. Parts and service business revenues gained 1.6% from fourth-quarter 2017 to $868 million. Net revenues from the finance and insurance business were $245 million, reflecting a decline of 0.7% from the prior-year quarter. In 2018, the company recorded net income from continuing operations of $396 million or $4.34 per share compared with $435 million or $4.43 per share in the prior year. Revenues for the year were $21.4 billion, marking a slight decline from $21.5 billion in 2017. (Read more: AutoNation Lags Earnings Estimates in Q4 ) AutoNation currently carries a Zacks Rank #4 (Sell). 4. Magna delivered adjusted earnings per share of $1.63 in fourth-quarter 2018, beating the Zacks Consensus Estimate of $1.60. Further, the bottom line was higher than the year-ago quarter's figure of $1.58. Revenues increased 5% year over year to $10.1 billion. Also, revenues surpassed the Zacks Consensus Estimate by 0.44%. Robust sales growth was achieved in a period when global light-vehicle production decreased 4%, led by a 14% decline in China and a 1% fall in Europe, partly offset by 1% rise in North America. Adjusted EBIT declined to $730 million from the year-ago figure of $813 million. For 2018, adjusted earnings per share were $6.71, up from the 2017 figure of $5.93. Revenues for the year were $40.8 billion, up from the 2017 figure of $36.6 billion. Revenues at the Body Exteriors & Structures segment were $4.2 billion in the reported quarter compared with $4.3 billion recorded in fourth-quarter 2017. Adjusted EBIT declined 1% year over year to $351 million. Revenues at the Power & Vision segment totaled $3 billion in comparison with $2.9 billion recorded in the prior-year quarter. Adjusted EBIT declined 21% year over year to $253 million. Revenues at the Seating Systems segment totaled $1.44 billion compared with $1.3 billion in the year-ago quarter. Adjusted EBIT increased 4% year over year to $110 million. Revenues from the Complete Vehicles segment increased to $1.69 billion in the quarter under review from $1.21 million in fourth-quarter 2017. Adjusted EBIT declined 14% year over year to $24 million. (Read more: Magna Earnings Surpass Estimates in Q4, Improve Y/Y ) Magna currently carries a Zacks Rank #3. Media Contact Zacks Investment Research 800-767-3771 ext. 9339 support@zacks.com http://www.zacks.com Past performance is no guarantee of future results. Inherent in any investment is the potential for loss . This material is being provided for informational purposes only and nothing herein constitutes investment, legal, accounting or tax advice, or a recommendation to buy, sell or hold a security. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. It should not be assumed that any investments in securities, companies, sectors or markets identified and described were or will be profitable. All information is current as of the date of herein and is subject to change without notice. Any views or opinions expressed may not reflect those of the firm as a whole. Zacks Investment Research does not engage in investment banking, market making or asset management activities of any securities. These returns are from hypothetical portfolios consisting of stocks with Zacks Rank = 1 that were rebalanced monthly with zero transaction costs. These are not the returns of actual portfolios of stocks. The S&P 500 is an unmanaged index. Visit http://www.zacks.com/performance for information about the performance numbers displayed in this press release. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report AutoNation, Inc. (AN): Free Stock Analysis Report Sonic Automotive, Inc. (SAH): Free Stock Analysis Report Magna International Inc. (MGA): Free Stock Analysis Report Copart, Inc. (CPRT): Free Stock Analysis Report To read this article on Zacks.com click here. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
CPRT,2019-03-04,14.8175,14.8175,14.375,14.52,
CPRT,2019-03-05,14.465,14.6888,14.465,14.5275,"[""Copart Announces Capacity Expansion at Newburg Location"", ""Copart Announces Capacity Expansion at Newburg Location"", ""Copart Announces Capacity Expansion at Newburg Location""]"
CPRT,2019-03-06,14.52,14.575,14.4125,14.435,"[""Genuine Parts Company (GPC) Ex-Dividend Date Scheduled for March 07, 2019 Genuine Parts Company ( GPC ) will begin trading ex-dividend on March 07, 2019. A cash dividend payment of $0.762 per share is scheduled to be paid on April 01, 2019. Shareholders who purchased GPC prior to the ex-dividend date are eligible for the cash dividend payment. This represents an 5.83% increase over prior dividend payment. The previous trading day's last sale of GPC was $108.33, representing a -3.43% decrease from the 52 week high of $112.18 and a 26.26% increase over the 52 week low of $85.80. GPC is a part of the Capital Goods sector, which includes companies such as Copart, Inc. ( CPRT ) and CarMax Inc ( KMX ). GPC's current earnings per share, an indicator of a company's profitability, is $5.5. Zacks Investment Research reports GPC's forecasted earnings growth in 2019 as 4.62%, compared to an industry average of 3%. For more information on the declaration, record and payment dates, visit the GPC Dividend History page. Our Dividend Calendar has the full list of stocks that have an ex-dividend today. Interested in gaining exposure to GPC through an Exchange Traded Fund [ETF]? The following ETF(s) have GPC as a top-10 holding: First Trust Nasdaq Transportation ETF ( FTXR ) NuShares Enhanced Yield US Aggregate Bond ETF ( NUMV ) Invesco S&P 500 ex-Rate Sensitive Low Volatility ETF ( XRLV ). The top-performing ETF of this group is XRLV with an increase of 0.17% over the last 100 days. FTXR has the highest percent weighting of GPC at 4.44%. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Lithia Motors, Inc. (LAD) Ex-Dividend Date Scheduled for March 07, 2019 Lithia Motors, Inc. ( LAD ) will begin trading ex-dividend on March 07, 2019. A cash dividend payment of $0.29 per share is scheduled to be paid on March 22, 2019. Shareholders who purchased LAD prior to the ex-dividend date are eligible for the cash dividend payment. This marks the 4th quarter that LAD has paid the same dividend. The previous trading day's last sale of LAD was $88.86, representing a -18.53% decrease from the 52 week high of $109.07 and a 30.87% increase over the 52 week low of $67.90. LAD is a part of the Consumer Durables sector, which includes companies such as Genuine Parts Company ( GPC ) and Copart, Inc. ( CPRT ). LAD's current earnings per share, an indicator of a company's profitability, is $10.89. Zacks Investment Research reports LAD's forecasted earnings growth in 2019 as 3.19%, compared to an industry average of 3.8%. For more information on the declaration, record and payment dates, visit the LAD Dividend History page. Our Dividend Calendar has the full list of stocks that have an ex-dividend today. Interested in gaining exposure to LAD through an Exchange Traded Fund [ETF]? The following ETF(s) have LAD as a top-10 holding: WisdomTree U.S. SmallCap Earnings Fund ( EES ). The top-performing ETF of this group is EES with an decrease of -3.11% over the last 100 days. It also has the highest percent weighting of LAD at 0.65%. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.""]"
CPRT,2019-03-07,14.48,14.58,14.385,14.5675,"[""Copart to acquire Vincent Auto Solutions"", ""Copart Reports Purchase Of Vincent Auto Solutions, No Terms Disclosed"", ""Copart Reports Purchase Of Vincent Auto Solutions, No Terms Disclosed"", ""Copart to acquire Vincent Auto Solutions"", ""Copart Reports Purchase Of Vincent Auto Solutions, No Terms Disclosed"", ""Copart to acquire Vincent Auto Solutions""]"
CPRT,2019-03-08,14.465,14.565,14.43,14.56,
CPRT,2019-03-11,14.5675,14.77,14.5675,14.73,"[""Copart Expands in Kentucky With Vincent Auto Acquisition Copart, Inc.CPRT acquired Greenville, KY-based online auctioning platform, Vincent Auto Solutions (\""VAS\"") that engages in the remarketing of total-loss, fleet and damaged vehicles. The VAS acquisition further strengthened Copart's footprint in western Kentucky while gaining an experienced and strong management team, with well-established customer relationships. The acquisition is in sync with Copart's expansion strategy to manage increasing volume across the United States. Apart from the acquisition, the company frequently opens or expands in existing locations to increase vehicle storage capacity to meet customer requirements. At the end of the past month, it has announced the expansion of its Newburg, NY-based storage space. Additional space of 25 acres was added to the already existing 68-acre location. Copart is focusing on expanding its storage capacity throughout the United States and overseas to meet the growing customer demand. Stronger network aids it to add more cars in inventories and sell those at auctions, thus, driving revenues. Copart, Inc. Price and Consensus Copart, Inc. Price and Consensus | Copart, Inc. Quote In the las t report ed quarter (ended on Jan 31, 2019), this online vehicle auctioning company's adjusted earnings surpassed the Zacks Consensus Estimates while revenues missed the same. In sync with its expansion strategy, it opened 14 facilities, with four in the United States, eight in Germany, and one each at Brazil and Canada in the first six months of fiscal 2019. Additionally, Copart shared its capacity expansion plans for the United States that will support and provide stand-alone capacity along the East Coast and the Gulf of Mexico. It has 46 expansion projects in the United States, which are either under construction or in the engineering phase that will add capacity to Copart's network. Over the past month, shares of Copart have outperformed the industry it belongs to. During that period, shares of the company gained 9.4% compared with the industry's increase of 4.7%. Zacks Rank & Other Key Picks Copart currently carries a Zacks Rank #2 (Buy). Some other top-ranked stocks in the broader auto sector are Oshkosh Corporation OSK , CarGurus, Inc. CARG and Fox Factory Holding Corporation FOXF , each presently carrying a Zacks Rank #2. You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here . Oshkosh has an expected long-term growth rate of 11.3%. Shares of the company have gained 20.2% in the past three months. CarGurus has an expected long-term growth rate of 5%. Share price of the company has increased 8.9% in the past three months. Fox Factory has an expected long-term growth rate of 15.1%. Over the past month, shares of the company have gained 2%. Zacks' Top 10 Stocks for 2019 In addition to the stocks discussed above, would you like to know about our 10 finest buy-and-holds for the year? Who wouldn't? Our annual Top 10s have beaten the market with amazing regularity. In 2018, while the market dropped -5.2%, the portfolio scored well into double-digits overall with individual stocks rising as high as +61.5%. And from 2012-2017, while the market boomed +126.3, Zacks' Top 10s reached an even more sensational +181.9%. See Latest Stocks Today >> Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Fox Factory Holding Corp. (FOXF): Free Stock Analysis Report Oshkosh Corporation (OSK): Free Stock Analysis Report Copart, Inc. (CPRT): Free Stock Analysis Report CarGurus, Inc. (CARG): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Why Copart Stock Gained 15.9% in February What happened Copart (NASDAQ: CPRT) stock climbed 15.9% in February, according to data from S&P Global Market Intelligence . The automotive e-commerce company's shares rose early in the month thanks to momentum for the broader market and then got a boost following better-than-expected quarterly results. CPRT data by YCharts . Copart published its second-quarter results on Feb. 20, and while slowing sales growth might have raised concerns among some investors, the company's solid earnings performance and a more bullish market won out and propelled the stock's gains last month. So what Copart's second-quarter revenue climbed 5.6% year over year to come in at $484.9 million, which fell short of the average analyst estimate (as polled by Zacks Research) of $494.3 million. However, the company's adjusted earnings per share of $0.52 beat the target by a penny and represented a 10.6% increase compared with the prior-year quarter. The company is seeing benefits from user gains and increases for the average selling price on its platform, but decelerating revenue growth compared with the sequential quarter highlights the possibility that expansion could settle into proceeding at a slower pace going forward. Now what Based on current momentum for the automotive e-commerce market, it's reasonable to expect that there's still plenty of untapped opportunity in the space, but Copart isn't the only player. It's also reasonable to expect that the market could get more competitive -- large tech platforms have already made some early moves into the space. Copart isn't feeling too much pressure yet and still has avenues to long-term growth, with consumers gradually trending toward online retail, improving technology, and further expansion in European and South American territories. However, the company is also currently valued for strong performance. Shares have nearly tripled over the last three years and trade at roughly 27 times this year's expected earnings. 10 stocks we like better than Copart When investing geniuses David and Tom Gardner have a stock tip, it can pay to listen. After all, the newsletter they have run for over a decade, Motley Fool Stock Advisor , has quadrupled the market.* David and Tom just revealed what they believe are the ten best stocks for investors to buy right now... and Copart wasn't one of them! That's right -- they think these 10 stocks are even better buys. See the 10 stocks *Stock Advisor returns as of March 1, 2019 Keith Noonan has no position in any of the stocks mentioned. The Motley Fool recommends Copart. The Motley Fool has a disclosure policy . The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.""]"
CPRT,2019-03-12,14.72,14.8475,14.6475,14.79,
CPRT,2019-03-13,14.86,15.085,14.8,14.9175,"[""Copart Acquires Vincent Auto For Auto Remarketing Supply"", ""Copart Acquires Vincent Auto For Auto Remarketing Supply"", ""Sonic Automotive, Inc. (SAH) Ex-Dividend Date Scheduled for March 14, 2019 Sonic Automotive, Inc. ( SAH ) will begin trading ex-dividend on March 14, 2019. A cash dividend payment of $0.1 per share is scheduled to be paid on April 15, 2019. Shareholders who purchased SAH prior to the ex-dividend date are eligible for the cash dividend payment. This represents an 66.67% increase over prior dividend payment. The previous trading day's last sale of SAH was $14.15, representing a -40.04% decrease from the 52 week high of $23.60 and a 10.72% increase over the 52 week low of $12.78. SAH is a part of the Consumer Durables sector, which includes companies such as Genuine Parts Company ( GPC ) and Copart, Inc. ( CPRT ). SAH's current earnings per share, an indicator of a company's profitability, is $1.2. Zacks Investment Research reports SAH's forecasted earnings growth in 2019 as 2.82%, compared to an industry average of -4.8%. For more information on the declaration, record and payment dates, visit the SAH Dividend History page. Our Dividend Calendar has the full list of stocks that have an ex-dividend today. Interested in gaining exposure to SAH through an Exchange Traded Fund [ETF]? The following ETF(s) have SAH as a top-10 holding: Invesco S&P Smallcap 600 Pure Value ETF ( RZV ). The top-performing ETF of this group is RZV with an decrease of -7.06% over the last 100 days. It also has the highest percent weighting of SAH at 1.2%. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Monro, Inc. (MNRO) Ex-Dividend Date Scheduled for March 14, 2019 Monro, Inc. ( MNRO ) will begin trading ex-dividend on March 14, 2019. A cash dividend payment of $0.2 per share is scheduled to be paid on March 25, 2019. Shareholders who purchased MNRO prior to the ex-dividend date are eligible for the cash dividend payment. This marks the 4th quarter that MNRO has paid the same dividend. The previous trading day's last sale of MNRO was $78.14, representing a -7.4% decrease from the 52 week high of $84.38 and a 52.62% increase over the 52 week low of $51.20. MNRO is a part of the Consumer Services sector, which includes companies such as Genuine Parts Company ( GPC ) and Copart, Inc. ( CPRT ). MNRO's current earnings per share, an indicator of a company's profitability, is $2.4. Zacks Investment Research reports MNRO's forecasted earnings growth in 2019 as 16.15%, compared to an industry average of 8.1%. For more information on the declaration, record and payment dates, visit the MNRO Dividend History page. Our Dividend Calendar has the full list of stocks that have an ex-dividend today. Interested in gaining exposure to MNRO through an Exchange Traded Fund [ETF]? The following ETF(s) have MNRO as a top-10 holding: Invesco S&P SmallCap Consumer Discretionary ETF ( PSCD ). The top-performing ETF of this group is PSCD with an decrease of -2.66% over the last 100 days. It also has the highest percent weighting of MNRO at 2.58%. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Copart Acquires Vincent Auto For Auto Remarketing Supply""]"
CPRT,2019-03-14,14.92,14.92,14.7525,14.8,
CPRT,2019-03-15,14.75,14.9375,14.66,14.7575,"[""Why Copart (CPRT) Could Be an Impressive Growth Stock"", ""Why Copart (CPRT) Could Be an Impressive Growth Stock"", ""Why Copart (CPRT) Could Be an Impressive Growth Stock Growth stocks can be some of the most exciting picks in the market, as these high-flyers can captivate investors' attention, and produce big gains as well. However, they can also lead on the downside when the growth story is over, so it is important to find companies which are still seeing strong growth prospects in their businesses. One such company that might be well-positioned for future earnings growth is Copart, Inc.CPRT . This firm, which is in the Auction and Valuation Services industry, saw EPS growth of 34.1% last year, and is looking great for this year too. In fact, the current growth estimate for this year calls for earnings-per-share growth of 24%. Furthermore, the long-term growth rate is currently an impressive 20%, suggesting pretty good prospects for the long haul. Copart, Inc. Price and Consensus Copart, Inc. Price and Consensus | Copart, Inc. Quote And if this wasn't enough, the stock has actually seen estimates rise over the past month for the current fiscal year by about 1.4%. Thanks to this rise in earnings estimates, CPRT has a Zacks Rank #2 (Buy) which further underscores the potential for outperformance in this company. You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here . So if you are looking for a fast growing stock that is still seeing plenty of opportunities on the horizon, make sure to consider CPRT. Not only does it have double-digi t earnings growth prospects, but its impressive Zacks Rank suggests that analysts believe better days are ahead for CPRT as well. Is Your Investment Advisor Fumbling Your Financial Future? See how you can more effectively safeguard your retirement with a new Special Report, \""4 Warning Signs Your Investment Advisor Might Be Sabotaging Your Financial Future.\"" Click to get it free >> Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Copart, Inc. (CPRT): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Why Copart (CPRT) Could Be an Impressive Growth Stock""]"
CPRT,2019-03-18,14.7775,14.875,14.655,14.7725,
CPRT,2019-03-19,14.7475,14.845,14.6675,14.7175,
CPRT,2019-03-20,14.735,14.955,14.69,14.7875,
CPRT,2019-03-21,14.73,15.045,14.675,14.94,
CPRT,2019-03-22,14.895,14.9775,14.6925,14.8125,"[""Why Is Copart (CPRT) Up 5.7% Since Last Earnings Report?"", ""Why Is Copart (CPRT) Up 5.7% Since Last Earnings Report?"", ""Why Is Copart (CPRT) Up 5.7% Since Last Earnings Report? It has been about a month since the las t earnings report for Copart (CPRT). Shares have added about 5.7% in that time frame, outperforming the S&P 500. Will the recent positive trend continue leading up to its next earnings release, or is Copart due for a pullback? Before we dive into how investors and analysts have reacted as of late, let's take a quick look at its most recen t earnings report in order to get a better handle on the important drivers. Copart Q2 Earnings Surpass Estimates, Improve Y/Y Copar t report ed adjusted earnings per share of 52 cents in second-quarter fiscal 2019 (ended January 31, 2019), beating the Zacks Consensus Estimate of 51cents. In the year-ago quarter, the bottom line was 47 cents. Net income was $131.4 million, reflecting an increase of 27.2% or $28.1 million from second-quarter fiscal 2018. Copart's revenues rose 5.6% to $484.9 million from the year-ago quarter. However, revenues missed the Zacks Consensus Estimate of $494.3 million. Compared with the prior-year quarter, service revenues increased to $416.8 million from $402 million. Revenues from vehicle sales were $68.1 million in comparison with $57.2 million in second-quarter fiscal 2018. Gross profit improved to $208.2 million from $191.6 million a year ago. Total operating expenses increased to $320.2 million from $308.2 million recorded in the prior-year period. Operating income increased to $164.7 million from $150.9 million a year ago. Financial Details Copart had cash and cash equivalents of $108.2 million as of Jan 31, 2019, compared with $274.5 million as of Jul 31, 2018. Long-term debt, revolving loan facility and capital lease obligations were $398.7 million as of Jan 31, 2019, similar to the figure recorded on Jul 31, 2018. At the end of the first six months of fiscal 2019, Copart generated net cash flow of $215.2 million from operations compared with $180.9 million in the year-ago period. How Have Estimates Been Moving Since Then? It turns out, fresh estimates have trended upward during the past month. VGM Scores Currently, Copart has an average Growth Score of C, however its Momentum Score is doing a bit better with a B. Charting a somewhat similar path, the stock was allocated a grade of C on the value side, putting it in the middle 20% for this investment strategy. Overall, the stock has an aggregate VGM Score of C. If you aren't focused on one strategy, this score is the one you should be interested in. Outlook Estimates have been trending upward for the stock, and the magnitude of these revisions looks promising. It comes with little surprise Copart has a Zacks Rank #2 (Buy). We expect an above average return from the stock in the next few months. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Copart, Inc. (CPRT): Free Stock Analysis Report To read this article on Zacks.com click here. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Why Is Copart (CPRT) Up 5.7% Since Last Earnings Report?""]"
CPRT,2019-03-25,14.82,14.95,14.715,14.8825,"[""An M&A Strategy That Builds Competitive Advantage And Outperforms"", ""An M&A Strategy That Builds Competitive Advantage And Outperforms"", ""An M&A Strategy That Builds Competitive Advantage And Outperforms""]"
CPRT,2019-03-26,14.89,15.0725,14.7978,15.065,"[""IHS Markit (INFO) Q1 Earnings Surpass Estimates, Revenue Lag"", ""IHS Markit (INFO) Q1 Earnings Surpass Estimates, Revenue Lag"", ""IHS Markit (INFO) Q1 Earnings Surpass Estimates, Revenue Lag IHS Markit Ltd.INFO reported mixed first-quarter fiscal 2019 results with earnings beating the Zacks Consensus Estimate but revenues missing the same. Adjusted earnings per share of 60 cents beat the consensus mark by 3 cents and increased 13% on a year-over-year basis. Total revenues came in at $1.05 billion, missing the consensus mark of $1.06 billion but improving 12% from the year-ago quarter. We observe that shares of IHS Markit have gained 11.8% over the past year, outperforming 9.7% rally of the industry it belongs to. Segmental Revenues Revenues at the Resources segment totaled $216.8 million, up 6% year over year, with recurring revenues rising 5% organically. The Transportation segment experienced year-over-year revenue growth of 7% to reach $288.1 million. Recurring revenues at this segment grew 9% organically. Revenues at the CMS segment amounted to $132.3 million, down 4% year over year, with no organic growth in recurring revenues. Financial services segment's revenues increased 28% year over year to $409.2 million with recurring revenues increasing 6% organically. Revenues by Transaction Type Recurring fixed revenues of $767.2 million rose 12% year over year on a reported basis and 5% on an organic basis. Recurring variable revenues grew 16% year over year on a reported basis and 3% organically to $136 million. Non-recurring revenues totaled $143.2 million, up 9% year over year on a reported basis and 8% on an organic basis. IHS Markit Ltd. Revenue (TTM) IHS Markit Ltd. Revenue (TTM) | IHS Markit Ltd. Quote Operating Performance Adjusted EBITDA of $408.1 million increased 14% from the year-ago quarter. Adjusted EBITDA margin improved 40 basis points (bps) year over year to 39%. Segment-wise, Resources, Transportation, CMS and Financial Services adjusted EBITDA was $93.2 million (up 9.8% year-over-year), $114.3 million (up 4.2%), $29.4 million (down 7.5%) and $183.2 million (up 26%), respectively. Adjusted EBITDA margin in the Resources segment expanded 160 basis points (bps). The same declined 100 bps at Transportation, 90 bps at CMS and 70 bps at Financial Services. Key Balance Sheet and Cash Flow Figures IHS Markit ended the quarter with cash and cash equivalent balance of $133.2 million compared with $120 million in the prior quarter. Long-term debt was $5.1 billion compared with $4.9 billion in the previous quarter. Cash flow from operations and free cash flow amounted to $188 million and $124.8 million, respectively, in the quarter. The company spent $63.2 million in capex. Fiscal 2019 Outlook IHS Markit reiterated its fiscal 2019 guidance. Revenues are expected in the range of $4.425 billion to $4.500 billion, including organic growth of 6% to 7% (including Ipreo). Adjusted EBITDA is expected in the range of $1.75 billion to $1.78 billion. Adjusted EPS is anticipated in the range of $2.52 to $2.57. Zacks Rank and Other Key Picks Currently, IHS Markit has a Zacks Rank #2 (Buy). Some other top-ranked stocks in the broader Zacks Business Services sector are Copart CPRT , Booz Allen Hamilton BAH and Automatic Data Processing ADP , each carrying a Zacks Rank of 2. You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here. Long-term expected EPS (three to five years) growth rate for Copart, Booz Allen and Automatic Data Processing is 20%, 14.6% and 13%, respectively. Is Your Investment Advisor Fumbling Your Financial Future? See how you can more effectively safeguard your retirement with a new Special Report, \""4 Warning Signs Your Investment Advisor Might Be Sabotaging Your Financial Future.\"" Click to get it free >> Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report IHS Markit Ltd. (INFO): Free Stock Analysis Report Copart, Inc. (CPRT): Free Stock Analysis Report Automatic Data Processing, Inc. (ADP): Free Stock Analysis Report Booz Allen Hamilton Holding Corporation (BAH): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""WEX Unveils Buyout Plan for EG Group's Fuel Card Business WEX Inc.WEX yesterday announced its plan to snap up Go Fuel Card, the fuel card business of fuel station and convenience store retailer - EG Card. Breda, Netherlands-based Go Fuel Card has presence in Belgium, France and Luxembourg with 200,000 proprietary cards in circulation. It serves small and medium enterprise (SMEs) as well as larger fleet players, operating on an independent proprietary card network with acceptance at more than 5,000 retail sites. The acquisition, subject to customary closing conditions, is expected to close in the second quarter of 2019. WEX did not reveal the amount it will pay for Go Fuel Card. How Will WEX Benefit? WEX will be in a position to expand Fleet business throughout EG locations in the United States, Europe and Australia. According to Scott Phillips, President, Global Fleet, WEX, \""This is an attractive business that projects further reductions to our sensitivity to retail fuel prices, while providing us a strong pathway for organic growth and value creation over time.\"" We believe that acquisitions are a key growth catalyst for WEX. Over time, they have enabled the company to significantly enhance offerings and expand business. Shares of WEX have gained 21.5% over the past year compared with the 22.1% rise of the industry it belongs to. Zacks Rank and Other Key Picks Currently, WEX has a Zacks Rank #3 (Hold). Some other top-ranked stocks in the broader Zacks Business Services sector are Copart CPRT , Booz Allen Hamilton BAH and Automatic Data Processing ADP , each carrying a Zacks Rank of 2. You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here. Long-term expected EPS (three to five years) growth rate for Copart, Booz Allen and Automatic Data Processing is 20%, 14.6% and 13%, respectively. Is Your Investment Advisor Fumbling Your Financial Future? See how you can more effectively safeguard your retirement with a new Special Report, \""4 Warning Signs Your Investment Advisor Might Be Sabotaging Your Financial Future.\"" Click to get it free >> Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report WEX Inc. (WEX): Free Stock Analysis Report Copart, Inc. (CPRT): Free Stock Analysis Report Automatic Data Processing, Inc. (ADP): Free Stock Analysis Report Booz Allen Hamilton Holding Corporation (BAH): Free Stock Analysis Report To read this article on Zacks.com click here. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""IHS Markit (INFO) Q1 Earnings Surpass Estimates, Revenue Lag""]"
CPRT,2019-03-27,15.035,15.1025,14.8425,14.925,"Noteworthy ETF Outflows: PRFZ, CPRT, FCN, GNRC Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel , one standout is the Invesco FTSE RAFI US 1500 Small-Mid ETF (Symbol: PRFZ) where we have detected an approximate $316.5 million dollar outflow -- that's a 13.2% decrease week over week (from 19,000,000 to 16,500,000). Among the largest underlying components of PRFZ, in trading today Copart Inc (Symbol: CPRT) is down about 0.1%, FTI Consulting Inc. (Symbol: FCN) is off about 0.1%, and Generac Holdings Inc (Symbol: GNRC) is relatively unchanged. For a complete list of holdings, visit the PRFZ Holdings page » The chart below shows the one year price performance of PRFZ, versus its 200 day moving average: Looking at the chart above, PRFZ's low point in its 52 week range is $107.07 per share, with $146.46 as the 52 week high point - that compares with a last trade of $126.50. Comparing the most recent share price to the 200 day moving average can also be a useful technical analysis technique -- learn more about the 200 day moving average » . Exchange traded funds (ETFs) trade just like stocks, but instead of ''shares'' investors are actually buying and selling ''units''. These ''units'' can be traded back and forth just like stocks, but can also be created or destroyed to accommodate investor demand. Each week we monitor the week-over-week change in shares outstanding data, to keep a lookout for those ETFs experiencing notable inflows (many new units created) or outflows (many old units destroyed). Creation of new units will mean the underlying holdings of the ETF need to be purchased, while destruction of units involves selling underlying holdings, so large flows can also impact the individual components held within ETFs. Click here to find out which 9 other ETFs experienced notable outflows » The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
CPRT,2019-03-28,14.9325,15.0612,14.9275,14.9675,"[""Top-Ranked Stocks to Fill in the Sweet 16 Bracket"", ""Equifax (EFX) and FICO Team Up for Data Decisions Cloud"", ""Equifax (EFX) and FICO Team Up for Data Decisions Cloud"", ""Top-Ranked Stocks to Fill in the Sweet 16 Bracket"", ""Equifax (EFX) and FICO Team Up for Data Decisions Cloud Equifax Inc.EFX and Fair Isaac Corporation (\""FICO\"") yesterday announced the launch of an end-to-end data and analytics suite - Data Decisions Cloud. The solution combines Equifax Ignite platform differentiated data and analytic management, FICO Cloud applications and the FICO Decision Management Suite (DMS). The suite is aimed at enabling financial institutions to address needs across risk, marketing and fraud and optimize interactions with customers. Organizations will be able to explore differentiated data, obtain deep new insights, develop highly-predictive models and quickly deploy decisions into production systems across the customer lifecycle. The duo is planning to release three pre-built solutions later this year - a connected system for real-time access to raw and trended data; a compliance-as-a-service solution; and an integrated, pre-screen marketing automation solution. \""Two industry leaders are joining forces to help financial institutions better meet the needs of consumers and improve business agility,\"" stated Mark W. Begor, CEO of Equifax. Shares of Equifax have gained 22.9% year to date, outperforming the 20.2% increase of the industry it belongs to. Our Take Equifax's offerings have been of great importance to its customers. Product innovation and continued investments in expansion of Ignite analytics and linking platforms globally are top priorities for Equifax and part of its technology transformation endeavor. We believe that a solid product portfolio and a clear understanding of the sector will keep Equifax ahead of its peers. Zacks Rank & Stocks to Consider Equifax currently carries a Zacks Rank #3 (Hold). Some better-ranked stocks in the broader Zacks Business Services sector are Booz Allen Hamilton BAH , with a Zacks Rank #1 (Strong Buy), as well as Automatic Data Processing ADP and Copart CPRT , each carrying a Zacks Rank of 2. You can see the complete list of today's Zacks #1 Rank stocks here. Long-term expected EPS (three to five years) growth rate for Copart, Booz Allen and Automatic Data Processing is 20%, 14.6% and 13%, respectively. Zacks' Top 10 Stocks for 2019 In addition to the stocks discussed above, would you like to know about our 10 finest buy-and-holds for the year? Who wouldn't? Our annual Top 10s have beaten the market with amazing regularity. In 2018, while the market dropped -5.2%, the portfolio scored well into double-digits overall with individual stocks rising as high as +61.5%. And from 2012-2017, while the market boomed +126.3, Zacks' Top 10s reached an even more sensational +181.9%. See Latest Stocks Today >> Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Equifax, Inc. (EFX): Free Stock Analysis Report Copart, Inc. (CPRT): Free Stock Analysis Report Automatic Data Processing, Inc. (ADP): Free Stock Analysis Report Booz Allen Hamilton Holding Corporation (BAH): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Equifax (EFX) and FICO Team Up for Data Decisions Cloud"", ""Top-Ranked Stocks to Fill in the Sweet 16 Bracket""]"
CPRT,2019-03-29,15.0625,15.1625,15.02,15.1475,
CPRT,2019-04-01,15.24,15.5775,15.24,15.545,"[""Copart (CPRT) is a Great Momentum Stock: Should You Buy?"", ""Copart (CPRT) is a Great Momentum Stock: Should You Buy?"", ""Copart (CPRT) is a Great Momentum Stock: Should You Buy?""]"
CPRT,2019-04-02,15.555,15.855,15.555,15.79,"[""IBD Stock Of The Day O'Reilly Auto Parts Hits New Buy Point After 81% Run"", ""IBD Stock Of The Day O'Reilly Auto Parts Hits New Buy Point After 81% Run"", ""IBD Stock Of The Day O'Reilly Auto Parts Hits New Buy Point After 81% Run""]"
CPRT,2019-04-03,15.8525,16.02,15.7875,15.9325,
CPRT,2019-04-04,15.94,15.97,15.735,15.7475,
CPRT,2019-04-05,15.7675,15.9925,15.665,15.9875,"[""FCN vs NCI: Which is a Better Consulting Services Stock?"", ""WEX Joins Forces With Supply Chain Technology Provider Octet"", ""WEX Joins Forces With Supply Chain Technology Provider Octet"", ""WEX Joins Forces With Supply Chain Technology Provider Octet"", ""FCN vs NCI: Which is a Better Consulting Services Stock?"", ""WEX Joins Forces With Supply Chain Technology Provider Octet"", ""WEX Joins Forces With Supply Chain Technology Provider Octet"", ""FCN vs NCI: Which is a Better Consulting Services Stock?""]"
CPRT,2019-04-08,15.98,16.1675,15.9688,16.16,"[""Here's Why You Should Retain Rollins (ROL) in Your Portfolio"", ""Here's Why You Should Retain Rollins (ROL) in Your Portfolio"", ""Here's Why You Should Retain Rollins (ROL) in Your Portfolio""]"
CPRT,2019-04-09,16.1225,16.16,16.015,16.06,"[""6 Reasons Why You Should Invest in MAXIMUS (MMS) Stock"", ""6 Reasons Why You Should Invest in MAXIMUS (MMS) Stock"", ""PRFZ, CPRT, FCN, BCO: Large Outflows Detected at ETF Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, one standout is the Invesco FTSE RAFI US 1500 Small-Mid ETF (Symbol: PRFZ) where we have detected an approximate $72.2 million dollar outflow -- that's a 3.3% decrease week over week (from 16,500,000 to 15,950,000). Among the largest underlying components of PRFZ, in trading today Copart Inc (Symbol: CPRT) is off about 0.4%, FTI Consulting Inc. (Symbol: FCN) is down about 1%, and Brinks Co (Symbol: BCO) is lower by about 0.5%. For a complete list of holdings, visit the PRFZ Holdings page \u00bb The chart below shows the one year price performance of PRFZ, versus its 200 day moving average: Looking at the chart above, PRFZ's low point in its 52 week range is $107.07 per share, with $146.46 as the 52 week high point \u2014 that compares with a last trade of $130.41. Comparing the most recent share price to the 200 day moving average can also be a useful technical analysis technique -- learn more about the 200 day moving average \u00bb. Exchange traded funds (ETFs) trade just like stocks, but instead of ''shares'' investors are actually buying and selling ''units''. These ''units'' can be traded back and forth just like stocks, but can also be created or destroyed to accommodate investor demand. Each week we monitor the week-over-week change in shares outstanding data, to keep a lookout for those ETFs experiencing notable inflows (many new units created) or outflows (many old units destroyed). Creation of new units will mean the underlying holdings of the ETF need to be purchased, while destruction of units involves selling underlying holdings, so large flows can also impact the individual components held within ETFs. Click here to find out which 9 other ETFs experienced notable outflows \u00bb The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""6 Reasons Why You Should Invest in MAXIMUS (MMS) Stock""]"
CPRT,2019-04-10,16.125,16.39,16.015,16.0675,
CPRT,2019-04-11,16.0975,16.2325,16.055,16.2225,"[""ADP or BR: Which Outsourcing Player is a Better Stock to Buy?"", ""ADP or BR: Which Outsourcing Player is a Better Stock to Buy?"", ""ADP or BR: Which Outsourcing Player is a Better Stock to Buy?""]"
CPRT,2019-04-12,16.285,16.35,16.2075,16.3425,These ‘global champions’ may be your best bet for long-term stock investing Fund manager Brian Yacktman selects companies that can maintain sales growth and pricing power over many years Fund manager Brian Yacktman selects companies that can maintain sales growth and pricing power over many years.
CPRT,2019-04-15,16.365,16.386,16.24,16.3025,
CPRT,2019-04-16,16.3825,16.4875,16.2825,16.295,
CPRT,2019-04-17,16.3875,16.4125,16.2,16.2,"[""5 Reasons Why You Should Invest in Interpublic (IPG) Stock"", ""5 Reasons Why You Should Invest in Interpublic (IPG) Stock"", ""5 Reasons Why You Should Invest in Interpublic (IPG) Stock""]"
CPRT,2019-04-18,16.2025,16.3725,16.11,16.265,
CPRT,2019-04-22,16.21,16.4075,16.1416,16.2475,
CPRT,2019-04-23,16.2825,16.4975,16.24,16.465,
CPRT,2019-04-24,16.485,16.6758,16.4375,16.6325,
CPRT,2019-04-25,16.56,16.6175,16.3825,16.44,
CPRT,2019-04-26,16.495,16.715,16.3577,16.715,"[""5 Peter Lynch Stalwarts With Strong Operating Margins"", ""Copart: A Profitable Growth Company"", ""5 Peter Lynch Stalwarts With Strong Operating Margins"", ""Copart: A Profitable Growth Company"", ""Commit To Purchase Copart At $65, Earn 11.2% Annualized Using Options Investors considering a purchase of Copart Inc (Symbol: CPRT) stock, but cautious about paying the going market price of $66.24/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the October put at the $65 strike, which has a bid at the time of this writing of $3.50. Collecting that bid as the premium represents a 5.4% return against the $65 commitment, or a 11.2% annualized rate of return (at Stock Options Channel we call this the YieldBoost). Selling a put does not give an investor access to CPRT's upside potential the way owning shares would, because the put seller only ends up owning shares in the scenario where the contract is exercised. And the person on the other side of the contract would only benefit from exercising at the $65 strike if doing so produced a better outcome than selling at the going market price. (Do options carry counterparty risk? This and six other common options myths debunked). So unless Copart Inc sees its shares fall 1.8% and the contract is exercised (resulting in a cost basis of $61.50 per share before broker commissions, subtracting the $3.50 from $65), the only upside to the put seller is from collecting that premium for the 11.2% annualized rate of return. Below is a chart showing the trailing twelve month trading history for Copart Inc, and highlighting in green where the $65 strike is located relative to that history: The chart above, and the stock's historical volatility, can be a helpful guide in combination with fundamental analysis to judge whether selling the October put at the $65 strike for the 11.2% annualized rate of return represents good reward for the risks. We calculate the trailing twelve month volatility for Copart Inc (considering the last 251 trading day closing values as well as today's price of $66.24) to be 30%. For other put options contract ideas at the various different available expirations, visit the CPRT Stock Options page of StockOptionsChannel.com. In mid-afternoon trading on Friday, the put volume among S&P 500 components was 1.77M contracts, with call volume at 1.77M, for a put:call ratio of 0.72 so far for the day, which is above normal compared to the long-term median put:call ratio of .65. In other words, if we look at the number of call buyers and then use the long-term median to project the number of put buyers we'd expect to see, we're actually seeing more put buyers than expected out there in options trading so far today. Find out which 15 call and put options traders are talking about today. Top YieldBoost Puts of the S&P 500 \u00bb The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""5 Peter Lynch Stalwarts With Strong Operating Margins"", ""Copart: A Profitable Growth Company""]"
CPRT,2019-04-29,16.72,16.825,16.5925,16.77,
CPRT,2019-04-30,16.79,16.885,16.7588,16.83,
CPRT,2019-05-01,16.8175,16.8725,16.4975,16.5025,"[""Montag & Caldwell, Llc Buys Ross Stores Inc, Facebook Inc, Salesforce. ..."", ""Fiera Capital SMID Cap Growth Strategy Q1 '19 Commentary"", ""Montag & Caldwell, Llc Buys Ross Stores Inc, Facebook Inc, Salesforce. ..."", ""Fiera Capital SMID Cap Growth Strategy Q1 '19 Commentary"", ""Montag & Caldwell, Llc Buys Ross Stores Inc, Facebook Inc, Salesforce. ..."", ""Fiera Capital SMID Cap Growth Strategy Q1 '19 Commentary""]"
CPRT,2019-05-02,16.5125,16.7,16.45,16.685,"[""ClearBridge Small Cap Growth Strategy Portfolio Manager Commentary Q1 2019"", ""ClearBridge Small Cap Growth Strategy Portfolio Manager Commentary Q1 2019"", ""ClearBridge Small Cap Growth Strategy Portfolio Manager Commentary Q1 2019""]"
CPRT,2019-05-03,16.74,16.8075,16.6875,16.7775,"[""ClearBridge SMID Cap Growth Strategy Portfolio Manager Commentary Q1 2019"", ""ClearBridge SMID Cap Growth Strategy Portfolio Manager Commentary Q1 2019"", ""ClearBridge SMID Cap Growth Strategy Portfolio Manager Commentary Q1 2019""]"
CPRT,2019-05-06,16.5325,16.7688,16.3575,16.755,"[""Introducing The Urbem Quality Score"", ""Introducing The Urbem Quality Score"", ""Introducing The Urbem Quality Score""]"
CPRT,2019-05-07,16.62,16.6938,16.3688,16.5,
CPRT,2019-05-08,16.45,16.6475,16.45,16.555,
CPRT,2019-05-09,16.4425,16.6375,16.2875,16.5875,
CPRT,2019-05-10,16.53,16.755,16.2625,16.7175,
CPRT,2019-05-13,16.43,16.5675,16.255,16.3075,
CPRT,2019-05-14,16.3375,16.575,16.3375,16.45,
CPRT,2019-05-15,16.3825,16.615,16.35,16.5775,"[""Copart (CPRT) Earnings Expected to Grow: What to Know Ahead of Q3 Release"", ""Copart (CPRT) Earnings Expected to Grow: What to Know Ahead of Q3 Release"", ""Copart (CPRT) Earnings Expected to Grow: What to Know Ahead of Q3 Release""]"
CPRT,2019-05-16,16.6175,16.8525,16.6175,16.7675,
CPRT,2019-05-17,16.47,16.525,16.345,16.4,"[""Guggenheim Downgrades Copart, Inc. - Common Stock to Neutral"", ""Benzinga's Top Upgrades, Downgrades For May 17, 2019"", ""Benzinga's Top Upgrades, Downgrades For May 17, 2019"", ""Guggenheim Downgrades Copart, Inc. - Common Stock to Neutral"", ""Benzinga's Top Upgrades, Downgrades For May 17, 2019"", ""Guggenheim Downgrades Copart, Inc. - Common Stock to Neutral"", ""Pinterest Stock Is Falling as Trade Drags Down the Dow Again Futures on the Dow Jones Industrial Average and S&P 500 both fell 0.8% ahead of the open. The Nasdaq Composite was off 1.1%.""]"
CPRT,2019-05-20,16.28,16.5325,16.25,16.34,
CPRT,2019-05-21,16.4375,16.6225,16.415,16.485,"[""Copart Q3 2019 Earnings Preview"", ""Notable earnings after Wednesday's close"", ""Copart Q3 2019 Earnings Preview"", ""Notable earnings after Wednesday's close"", ""Copart Q3 2019 Earnings Preview"", ""Notable earnings after Wednesday's close""]"
CPRT,2019-05-22,16.555,16.575,16.175,16.1975,"[""Copart beats by $0.04, beats on revenue"", ""Earnings Scheduled For May 22, 2019"", ""Copart Q3 Adj. EPS $0.66 Beats $0.62 Estimate, Sales $553.1M Beat $537.76M Estimate"", ""Copart Q3 Adj. EPS $0.66 Beats $0.62 Estimate, Sales $553.1M Beat $537.76M Estimate"", ""Earnings Scheduled For May 22, 2019"", ""Copart beats by $0.04, beats on revenue"", ""Copart Q3 Adj. EPS $0.66 Beats $0.62 Estimate, Sales $553.1M Beat $537.76M Estimate"", ""Earnings Scheduled For May 22, 2019"", ""Copart beats by $0.04, beats on revenue""]"
CPRT,2019-05-23,16.9125,17.6175,16.9125,17.485,"[""Copart, Inc. (CPRT) CEO Jayson Adair on Fiscal Q3 2019 Results - Earnings Call Transcript"", ""Copart +5% after earnings topper"", ""11 Stocks To Watch For May 23, 2019"", ""25 Stocks Moving In Thursday's Pre-Market Session"", ""33 Stocks Moving In Thursday's Mid-Day Session"", ""Copart shares are trading higher after the company reported better-than-expected Q3 EPS and sales results."", ""Copart shares are trading higher after the company reported better-than-expected Q3 EPS and sales results."", ""33 Stocks Moving In Thursday's Mid-Day Session"", ""25 Stocks Moving In Thursday's Pre-Market Session"", ""11 Stocks To Watch For May 23, 2019"", ""Copart, Inc. (CPRT) CEO Jayson Adair on Fiscal Q3 2019 Results - Earnings Call Transcript"", ""Copart +5% after earnings topper"", ""Copart, Inc. (CPRT) Q3 2019 Earnings Call Transcript Image source: The Motley Fool. Copart, Inc. (NASDAQ: CPRT) Q3 2019 Earnings Call May 23, 2019, 9:00 a.m. ET Contents: Prepared Remarks Questions and Answers Call Participants Prepared Remarks: Operator Good day everyone and welcome to the Copart Incorporated, Third Quarter Fiscal 2019 Earnings Call. Just a reminder, today's conference is being recorded. For opening remarks and introductions, I would like to turn the call over to Mr. Jay Adair, Chief Executive Officer of Copart Incorporated. Please go ahead, sir. Jayson Adair -- Chief Executive Officer Thanks so much. Good morning everyone and welcome to the third quarter conference call for Copart. In the room today is Will Franklin, Executive Vice President and Jeff Liaw, Chief Financial Officer. We are calling from a hotel, so hopefully you can hear us OK, I know it's a little echoey. We just finished a great week at our annual Advisory Board. This is a chance for us to invite our Canadian customers, our US customers and exchange ideas and information about the industry and items that Copart is working on, technology and process that we're working on. So it's been a great week, and I think we can share some of that with you this morning, some of the facts that we've got are quite fractions, we just completed the conference. So with that, let me turn it over to Jeff Liaw. Jeffrey Liaw -- Chief Financial Officer Thanks Jay, I'll start as always with a brief Safe Harbor. During today's call, we'll discuss certain non-GAAP measures, including non-GAAP net income per diluted share, which includes adjustments to reverse the effect of the impact of income taxes on the deemed repatriation of foreign earnings, discrete income tax items disposals of non-operating assets, foreign currency related gains and losses, certain income tax benefits and payroll taxes related to accounting for stock option exercises and the effect on common equivalent shares from ASU 2016-09. We've provided a reconciliation of these non-GAAP financial measures to the most directly comparable GAAP measures on our website under the Investor Relations link and in our press release issued yesterday. We believe the presentation of these non-GAAP measures together with our corresponding GAAP measures is relevant in assessing Copart's business trends and financial performance. We analyze our results on both the GAAP and non-GAAP basis described above. In addition, this call contains forward-looking statements within the meaning of federal securities laws, which are subject to substantial risks and uncertainties that could cause actual results to differ materially from those projected or implied by our statements and comments. We do not undertake to update any forward-looking statements that may be made from time-to-time on our behalf. For a more complete discussion of the risks that could affect our business, please review the management's discussion and analysis portions in our related periodic reports filed with the SEC. I'll provide brief remarks on our financial performance in the third quarter, before turning it over to Will Franklin for additional context. We achieved another record quarter in both in revenue, gross profit and operating income starting with the top line. We experienced global revenue growth of 15.7% despite an unfavorable year-over-year currency effect on revenue of $7.9 million primarily due to the relative strength of the dollar versus the pound and the Brazilian real. Global service revenue grew at 15.3% or $62.9 million year-over-year. Purchased cars grew at a rate of 17.8% driven principally by our increasing activity levels in Germany, but also by underlying growth in our large markets like the US and the UK. Unit sales for the Company grew at 4.5% year-over-year with US units increasing 2.8% and international units rising 13.8% versus the third quarter of 2018. Our US unit growth was driven again by both insurance and non-insurance segments. Will, will describe further the underlying drivers of growth in particular in the non-insurance space. Our global inventory grew 12.2% year-over-year in comparison to the end of the third quarter of fiscal 2018. Moving down the P&L, on gross profits, we grew 14.8% from $219 million to $251.6 million. We experienced a slight gross margin rate change from 45.8% to 45.5% or a decrease of approximately 30 basis points. This is again driven in part by a slight mix shift to purchased car volume for the reasons described a moment ago. As we talked about on prior calls as well, we also experienced lower purchased vehicle sales margins on a rate basis, because as the average purchase price in sales price for our purchase vehicles rise, we expect a contraction in percentage margin. Some of the drivers of our mix shift to purchase vehicles, Germany, in particular are higher value on average, and therefore can cause lower percentage margins. Overall, then turning to average selling prices, so this is literally what vehicles at Copart auction sell for, we experienced a year-over-year increase of 10.1%. Will, will also provide more context on the cars, the nature of the cars themselves as well as our efforts to continue to expand Copart's member base. Again, moving down the P&L, our general and administrative expenditures, ex-stock comp and depreciation was down slightly from $34.2 million a year ago to $34.1 million, and up approximately $1 million sequentially versus the second quarter. As we say, in quarters in which G&A rises or declines, generally speaking G&A expenditures will rise over time for Copart as we experienced inflation, but we continue to believe that we can achieve operating leverage, given the top line growth that we have experienced. Our GAAP operating income grew from $174.6 million to $207.5 million or a growth of 18.8% overcoming the currency effect of $1.4 million decline in and of itself year-over-year relative to the third quarter. Our net interest expense was up slightly from $4 million to $5 million given the slightly higher average net debt balance as drew on our revolver late in the second quarter in connection with our Q2 stock repurchases. We repaid the vast majority of our revolver balance during the third quarter nonetheless and ended the quarter with a $70 (ph) million drawn revolver balance. Turning to taxes momentarily, our third quarter income tax rate, GAAP income tax rate of 5.6% is in part a reflection of the lower US federal tax rate that we've discussed on prior calls of 21% for fiscal '19 and beyond. You may recall that fiscal '18 was the straddle period in which we had months that were both pre and post the tax reform -- tax reform bill implemented in -- at the end of calendar 2017. The third quarter income tax rate benefited as well from certain stock option exercises as well as discrete income tax items, related to benefits recognized as a result of amending previously filed income tax returns. The one-time benefits from those stock option exercises and discrete income tax items, you will see reflected in our non-GAAP earnings reconciliation. Our GAAP net income then increased from $127.4 million to $192.7 million or a 51% increase year-over-year. On a non-GAAP net income, we grew from $125.0 million to $154.9 million, growth of 23.9%. As I mentioned a moment ago, this -- these adjustments include excess tax deductions for stock option exercises and related payroll taxes, discrete tax items of $10.2 million that are excluded from our non-GAAP net income. These were again generated by amendments to previously filed income tax returns, we believe that excluding these benefits from our non-GAAP earnings is an appropriate reflection of the underlying performance of the business in the current period as well as our run rate tax burden. The last note, I'll mention on our international businesses, for further background in particular on Germany, we encourage you to review the transcript of our first and second quarter earnings calls, where we describe in much greater detail the nature of the market and our approach to it. We have continued our substantial progress in Germany and are investing in our future growth there as well. We've experienced more than ten-fold increase in volume in Germany year-over-year in the third quarter of '19 in comparison to the third quarter of 2018. We have continued our practice of acquiring vehicles through our listing service and selling them at our Copart Germany auctions. Our experience continues to support our thesis generally that today's listing service model is shortchanging German insurance carriers and policyholders for that matter, and that ultimately a model similar to Copart we know in other developed economies will prevail in Germany as well. We're pleased with our progress on multiple fronts, including the development of technology, our logistics processes, land and the recruitment of high quality talent to support our operations there. Leveraging the power of Copart internationally, our German auctions have seen very strong participation, particularly with buyers outside of Germany. Excluding Germany, our international or non-US businesses continue to perform well, despite currency translation headwinds. Those headwinds of course are most pronounced in our British and Brazilian businesses. Will Franklin will provide additional color on the underlying performance here. Collectively, excluding Germany, our international businesses have experienced year-over-year unit growth, revenue growth, profit growth and the like. Then to the balance sheet before I turn it to Will. Cash flow for the quarter, we generated operating cash flow of $238.3 million with CapEx of $122.6 million. Well over 90% of this CapEx was attributable to capacity expansion and lease buyouts, a continuation of a theme that you've heard for several years. We also repaid $86 million of our revolving debt facility during the third quarter. We consumed $33.5 million of cash related to stock option exercises. Think of those as de facto buybacks in connection with taxes owed on the exercise of stock options. With that, I will turn it over to our EVP, Will Franklin. William E. Franklin -- Executive Vice President Thank you, Jeff. Let me provide in some more insights into our third quarter performance. Our worldwide sales volume grew by 4.5% and our worldwide inventory grew by 12.2%. Hurricane volume activity was immaterial for both this quarter and the same quarter last year. In the US, our sales volume grew by 2.8% and our inventory increased by 14.5%. Our volume growth continues to be driven by organic growth within the insurance market, market wins within the insurance market, and our continued expansion into the non-insurance segments. Organic growth in the salvage market is driven we believe, by an increase in total loss frequency. Published statistics suggest a total loss frequency of 19.9% for the first quarter calendar '19, an increase of 2.6% over the same quarter last year. This metric measures the percentage of estimates written that result in total losses. What is not reflected in this metric is the increase in the instances (ph) in which insurance companies salvage cars without ever riding the repair estimate. Our conversations with insurance company executives as well as the current trends and assignments lead us to believe that the growth in total loss frequency is higher than that published. Repair costs, particularly for new cars are trending now at a rate exceeding that inflation. An increase in the number and the average cost of replacement parts, the growth in pre and post repair scans and the supplemental damages they identify. The lack of trained and capitalized repair capacity and the consolidation of the repair market by the three major MSOs are all leading to a rise in repair cost. We believe the industry is simply trending, to less comparable cars. While repair costs are increasing, so too are the returns that we're generating for our sellers. The combination of our marketing (ph) efforts and the efficiency of our auction platform BB3, continues to generate returns to our sellers, far exceeding overall industry returns, as represented by the Manheim Used Car Index. Compared to the same quarter of last year, our ASPs are up over 10%, while the Manheim Used Car Index is up 3.9%, As worldwide demand for rebuild of the cars continues to outpace the available supply. Our marketing focus on internal -- or excuse me, on international buyers has led to a significant growth in bidding activity from those buyers. Our full US website is translated into seven languages with certain elements of the website translated into languages native to 135 countries. And from the US we sell into 147 countries. In terms of volume, nearly 40% of all the units sold to our US auction sellers are now international buyers, increases both year-over-year and sequentially. Because international buyers generally purchase rebuildable, and therefore, higher value vehicles, they represent a still higher share of the value of the cars sold at our US auctions. Approaching 50%, again an increase both year-over-year and sequentially. Approximately, three out of four of all vehicles sold on our US website receive a bid from an international buyer. We continue to grow our buyer base, while we saw a 22% increase in unique international bidders on a year-over-year basis, we also saw a 14% increase in unique domestic bidders, which we believe is remarkable growth rate for what some might consider a large and already mature buyer base. The growth in ASPs has been primarily -- a primary driver in the increase in revenue per car in the US. In addition, we continue to provide more services to our insurance customers. There are certain tasks between the first notice of loss and auctioning of the salvage car that we can contribute to, or perform more efficiently, because of our broad industry knowledge, our scale and our technology. The non-insurance markets continue to be a focus of our growth strategy in the US. It represented 23% of our overall US volume this quarter compared to 21%, the same quarter last year and 17% same quarter two years ago. These markets include franchise and independent dealers, finance and leasing companies, fleets, charities, heavy equipment, wholesalers. Excluding the charity market in the U.S., our non-insurance volume grew by 18%, and 93% over the same quarter last year and the same quarter two years ago respectively. The growth in volume was spread broadly across multiple seller segments. Volume from dealers was up 14%, wholesalers 39%, rental car companies 79%, and fleets and industrial equipment, 7%. We attribute this growth to our increased marketing, sales and operational focus and the growth in returns generated for these segments. Turning to our international operation, the performance of the UK and Canada remained relatively consistent with the same quarter last year in terms of volume, revenue and EBIT, after adjusting for currency fluctuations. In Brazil however, we continue to see meaningful growth as the value we offer in terms of technology, process and land has allowed us to expand our market share in that country. In Brazil, our volume and local currency revenue and EBIT grew by 43%, 55% and 61% respectively. This is remarkable growth considering the declining number of auto insurance policies written due to the economic conditions in that country. Additionally, in Brazil, like in the US, we are growing our non-insurance business, which represented 9.8% of the total volumes sold compared to 3.6% in the same quarter last year. Jeff has already provided commentary on Germany. Our other operations outside of the Americas, the UK and Germany for the quarter remained immaterial in both revenue and EBIT. In the US and globally, we are seeing rising labor health insurance and cellphone costs, all of which have led to an increase in our average cost to process each car. Year-over-year, our US inventory was up 14.5%, which is significantly higher than the growth in sales volume of 2.8%. We attribute the difference to an unusually mild weather that affected assignments at the beginning of the quarter. However, assignments after the first month of the quarter have been and continue to be robust. The year-over-year growth in our US inventory over the last 16 quarters has averaged over 12%, and we expect this trend to continue. To accommodate this growth and to provide stand-alone capacity along the Gulf of Mexico and the East Coast, we continue our land expansion activities. Since the lastearnings call we have announced the opening of four new facilities, three new Copart facilities in Fredericksburg, Virginia, Rainbow, Kentucky and West Mifflin, Pennsylvania, and one new NPA facility at Sacramento, California. In addition, we are expanding existing facilities in Atlanta, Chicago, Austin and Newburgh, New York. In total, these three new Copart yards and four new yard expansions, have added over 150 acres of storage capacity. So far this year, we have announced 22 new facilities, 12 in the US, one each in Brazil and Canada and eight in Germany, as well as ten yard expansions in the US. Currently, in the US and Canada, we have over 21 new yard in yard-expansion projects in the construction phase and 33 projects in the engineering phase. These projects alone represents thousands of acres of capacity and will consume hundreds of millions of dollars in capital. That concludes my comments, we'll now proceed to the Q&A session of this call. Operator -- Executive Vice President Thank you. Jeffrey Liaw -- Chief Financial Officer Operator, you could open it up for questions, please. Questions and Answers: Operator At this time, we will open the floor for questions. (Operator Instructions). Our first question comes from Bob Labick with CJS Securities. Robert Labick -- CJS Securities -- Analyst Good morning and congratulations on a nice quarter. Jayson Adair -- Chief Executive Officer Thanks a lot, Bob. William E. Franklin -- Executive Vice President Thank you. Robert Labick -- CJS Securities -- Analyst So thanks for some of the color. I want to follow up on Will's comments on the international buyer base first. You may or may not have this with you, but I was just wondering if you could give us a sense of where that was sort of the percentage of sales of that base three or five years ago would be one part of the question. And then the second part, which is probably more important anyway is, talk about some of the drivers that have changed in the US just in salvage, the salvage market that have led to more international buyers getting into this market. Jeffrey Liaw -- Chief Financial Officer Got it. Much appreciate your question, Bob and this is actually a topic we addressed and discussed at some length with our customers this week. As for the underlying drivers of that shift over time, I think there are two major ones worth mentioning. The first is that, of course we are observing a higher economic growth in a lot of countries outside the huge developed economies, like the US and the UK, and therefore there is just more natural demand for vehicles including rebuildable cars that come from Copart auctions. The second is the nature of total loss frequency, I think you've been following the industry for a long time Bob, so you know that even what was a 50% damaged car 20 years ago, looks very different from one today, because the cars today are much more easily rebuilt, some of the damage maybe technological modules that could be fixed more simply in places outside the US. So that's been the 30, 40 year trend really starting with airbags, many years ago, but more recently with the arrival of newer technologies in the cars as well. So a combination of growing economic activity and therefore demand for cars in these countries with higher economic growth, but much lower vehicle penetration, number one. And number two the changing nature of the cars as well. As I told more easily, the cars have value, not just as dismantled parts, that's probably one fundamental misunderstanding of this business is to assume that the cars really go only to dismantles. Over time, they are increasingly going to rebuilders, many of them international in nature. William E. Franklin -- Executive Vice President Let me add one more element to that growth and that is that, the cars rebuilt in foreign markets are generally not held to the same standards as the cars that are rebuilt in domestic markets. For example, a car in the Eastern Europe may or may not have their air bags replaced at all. So that gives them an advantage in terms of lowering the cost of converting that car to a drivable vehicle. Robert Labick -- CJS Securities -- Analyst Okay, great, that's super color. Thank you. And then just kind of sticking with the trend of technology going into cars, you know, the centers, et cetera, and what you've talked about over several calls that younger and less damaged cars are being totaled. Just wondering, if you could give us a sense of where you believe we are in that process. And this is, are we in a early innings, middle, late where do you think the trend to more younger and less damaged cars being totaled stands? Jeffrey Liaw -- Chief Financial Officer I think as a general matter Bob, the nature of total loss frequency is big and slow moving in the sense that it reflects the installed base of cars in the growth. Right? So, our business principally serves those cars that are literally being driven or the insurance carriers, of course to insure that. And therefore there aren't step function changes in any given month or quarter or year, we're talking about 250 million 300 million cars in the road registered vehicles in the United States, for example. So I don't think those are spiky sudden changes. I think it's a gradual change that has generally been a favorable one for decades now. As for the precise age of the fleet and the precise age of vehicles that are involved in accidents and therefore totaled, I don't think we expect dramatic changes. But collectively, the changes will ultimately be favorable to total loss frequency. Robert Labick -- CJS Securities -- Analyst Got it. Great. And then one last quick one, if I could on just on Germany, I know you went on about it quickly the ten fold increase in volumes is tremendous, but could you just give us a sense of the feedback you're getting from the insurers right now as to what's holding them out from switching to the Copart model, if there is any specific things that still need to be worked on or addressed? Or if they just need a year or two of data? Or what do you think is the kind of -- I guess last or hopefully near the end of impediments toward switching over to the Copart model? William E. Franklin -- Executive Vice President Sure. I mean, it's a great question. Right now, Bob, we're focused on -- for this fiscal year was getting the network build. So we've got the network of facilities in place. We've got the trucks now and carriers in place to tow vehicles. And I would say the best way I can explain is we're pressure testing the team now. We're achieving the results that we have in the UK, that we have in the US, that we have in Brazil, where a vehicle can be assigned and picked up in sometimes hours, but within a day or two as opposed to a longer period of time. So we're getting all of the operational performance in place and we do have a couple of accounts already, but we are not going out and hitting -- swinging big or swinging for the fences with some very large carriers until we've got everything working the way it should. So it's a process of building the team, the network, pressure testing, and then this year, we will be going out and speaking with some carriers about switching over to the model. But, you know, we want to have everything working perfectly before we do that. You get really one shot at success. Robert Labick -- CJS Securities -- Analyst That's great. Okay. Thanks so much. William E. Franklin -- Executive Vice President Thanks, Bob. Operator Our next question comes from John Healy with Northcoast Research. John Healy -- Northcoast Research -- Analyst Continue to be really impressed with the on the non-insurance business that you guys are putting up. When I first started covering the Company, I used to think non-insurance business was all about charity, I mean, clearly, it's not anymore. And I was just hoping you guys could talk a little bit about what's the value proposition or what's the message that you're sending and allowing you to win that share from dealers and then even more specifically the growth that you cited in the rental car industry is really interesting. Curious to know, how you are getting that business? And kind of how you're convincing some of these fairly decent sized consignors to work with you? Jeffrey Liaw -- Chief Financial Officer So thanks for your question, John. I think in short, it's not particularly about messages or marketing, it's just fundamentally about returns. And so we offer a buyer base, including large quantities of international, active buyers of rebuildable and driveable vehicles. And so it's really the net auction results that we can deliver to the non-insurance segment. I think you're mentioning dealers in particular that has proven persuasive. So it's not particularly any silver tongued communications on our part. It's really just that we demonstrate week after week and month after month, that we can generate better returns for them on their vehicles. And to do so quickly with new logistics and the infrastructure to deliver those outcomes. John Healy -- Northcoast Research -- Analyst Well, (multiple speakers) William E. Franklin -- Executive Vice President Let me just add a couple of comments there. Our return is obviously a huge part of our ability to be successful in that market. I think the other thing that we don't ignore is the operational aspects and the ability to eliminate any friction to send us these cars. So everyone of these segments is significantly different, charity cars completely different than these heavy equipment, which is completely different than a car coming from a franchise or independent dealership. So to the -- and each of them have their own operating systems. So to the extent that we can integrate our operations into their systems. To the extent that we need to change our process to accommodate their specific needs, it makes it more likely that there you -- that they will be testing us on their volume and the results of the test have been such that they continue to increase the volume that they sent to us. John Healy -- Northcoast Research -- Analyst Great. And then, just wanted to ask about the -- the real estate investment. I think last call you guys noted 45 or 46 projects, kind of under way. And you've got maybe 24 months to kind of tie that up. Any updated thoughts on the real estate investment, do you expect to do more than that or you're ahead of pace there? Just kind of how you're thinking about that investment? William E. Franklin -- Executive Vice President Yeah. There is no cars slowing down our expansion with -- we project out five years in terms of volume needs, and the reason we project out so far is because of the gestation period. Some of these new properties can be two and three years very easily, especially in these high -- these expensive markets. And so our activity I don't see decelerating at any point in next two or three years. John Healy -- Northcoast Research -- Analyst Great. And I guess I'm going to hook in on that five-year forecast that you just kind of mentioned there Will. When you are kind of our building out that five-year forecast for your needs in terms of real estate, obviously it's going to correlate to the volume and the capacity. So when you look at those forecast, are the forecast meaningfully different than the volume numbers globally that you're seeing today? So and I know, you guys don't have long-term growth targets. But as you think about those needs and what you're buying forward -- does the year in, year out kind of movement look a lot like what you've put up in the last few quarters? Or do you guys think that the growth in the market accelerates or decelerates and you know, thus far in your business? William E. Franklin -- Executive Vice President So I'm not really motivated to share our exact projection numbers. I can tell you this, though. We have a couple of absolutes (ph) in our business. One is auctions have to run every day and our auctions do, our KTLO on our auction sites is 3 or 4, 5, times. The other absolute is land, we have to have land. So we really can't risk under projecting our land needs going forward. And so once again, we are very aggressive in our pursuit of the land capacity to accommodate the growth that we're anticipating. John Healy -- Northcoast Research -- Analyst Understood. Thank you, guys, and congrats. William E. Franklin -- Executive Vice President Thanks, John. Operator Our next question comes from Stephanie Benjamin with SunTrust. Stephanie Benjamin -- SunTrust -- Analyst Hi, good morning. My first question is just a clarification, and I apologize if I missed it, did you give the revenue per unit that you saw during the corner, I don't know both in the US or internationally or in total? William E. Franklin -- Executive Vice President No, we don't generally provide that metric. We did talk about a couple of the levers that are driving up that revenue per car, primarily on higher ASPs, and secondarily, the increased in services that we're providing to our sellers and our buyers. Stephanie Benjamin -- SunTrust -- Analyst Great. And then you talked about this kind of in your opening remarks in terms of the comments you had in the last week and some of the -- maybe the technology investments that you're looking at -- or potential investments, but maybe you could speak a little bit more about the technology side of your business and what can be done, it's being moved forward? Thanks. William E. Franklin -- Executive Vice President Sure. So the selling (ph) process that the insurance companies go through sounds very simple. But in reality is is fairly complex. I mean you have a lot of constituents in that whole process. You got the insurance company, you've got the policyholder, you're going to need an appraisal and a repair estimate both which can be provided by different people. You can have a lean payoff, you're dealing with a DMV. And all these activities and transfer of information need to be coordinated and sequenced in the right order. And we work with virtually every insurance company in the United States, and so we're able to identify best practices and develop technology around those best practices and offer that technology and those best practices to all the insurance companies. But in generally smaller insurance companies will take advantage of it, the large ones will too. So we're -- so to answer your question, we generating the technology that allows us to integrate the flow of information, flow of documents, the flow of the process around that total (ph) loss process. Jeffrey Liaw -- Chief Financial Officer Stephanie, the only -- the only thing I'd add there is when I think about technology for Copart, find a framework for it, I'd say, think of it in three pieces. The first is the importance of technology in helping our customers perform better and faster from their side, and that's the integration that we'll talk about providing data at the right time to better enable their own decision making processes. Second aspect of technology for us is to help us perform better. So we have different applications, different technologies, for example, that help us manage our towing network better to dispatch trucks more efficiently. And then thirdly, of course technology enhances our own reliable -- reliability. You heard Will talk about investing for KCLO (ph), which is in our province to keep the lights on in auction reliability and so a good part of our technology investment as well is to prepare us for the growth that we are serving to make sure that we continue to serve our customers well. Stephanie Benjamin -- SunTrust -- Analyst That's really helpful. Thanks for all the color. Jeffrey Liaw -- Chief Financial Officer Thanks Steph. Operator Our next question comes from Craig Kennison from Baird. Craig Kennison -- Baird -- Analyst Yeah, good morning. Thanks for taking my questions. Wanted to start on the insurance side with RFPs, I know in the past five years or so you've landed a handful of very large national contracts with insurers, with that in mind has the trend stabilized, are there any upcoming renewals or RFPs with new prospects? And then additionally, what's the dynamic in Germany and are there any big RFPs that would be a national contract there? Jeffrey Liaw -- Chief Financial Officer Got it, Craig thanks for the question. As to your first question, if we don't -- we're not like a subscription business that has a bunch of customers coming due or upon their contract expiration, at the same time. Our dialog with our customers is literally on a daily basis, so no, there is not a particularly lumpy either opportunity or risk for us to win or lose a big chunk of business simply by the nature of contract expiration in and of itself. That said, we think our -- all of what you've heard today about our auction platform, the returns we generate, technology, etc., generally enables us to win market share over time, which we have done now for decades, and believe we will continue into the future as well. As for Germany, the issue isn't principally RFPs, as someone posed a question earlier, it's principally about changing the way business is done altogether by the German insurance carriers. So it's a shift in a way they think (ph) not a contract expiration, per se, or an RFP that triggers the opportunity for us. Copart certainly is a well known enough and obviously very successful enterprise in salvage auctions around the world generally. So those dialogues are available to us, when we are ready, when they are ready for them, that is not per se in RFP. Craig Kennison -- Baird -- Analyst Thanks. And then, Will I had a question for you on real estate and hoping you can share some metrics to frame that spend, but maybe what are the economics of the typical real estate project due to the average cost of an acre or the range you might pay depending on the market. What kind of capacity do you get in terms of car volume on a project like that, and then what's the path to break even or to corporate average returns on that investment? Anything you can shed light on would be helpful. William E. Franklin -- Executive Vice President Sure, let me start by saying there is no typical transaction. So we can buy a land for $50,000 an acre in some parts of the country. We just bid our land to the equivalent over $3 million an acre and didn't get into the second round of the bidding for that plant. You can't -- so continuing on some of your questions, you can't look at the economic output from one yard, because we don't service one insurance company in one yard, we service insurance companies nationwide. So you can't really ignore these very expensive markets, because they may not be as economically profitable as the less expensive real estate markets. So that's really not even a consideration for us, we just know that we have to have the land whenever insurance companies need it. Jeffrey Liaw -- Chief Financial Officer Craig, I -- even to put it in financial terms, I think if you took snapshots at any moment in Copart's history and said, does this next parcel of land generate an ROI in the form of its cap rate that exceeds Copart's weighted average cost of capital, the answer is almost certainly no. But, if you had the benefit of a time machine if you go back to the early 1990s and decide Copart, whether we should buy a land or not, now that we have the benefit obviously at hindsight having acquired massive parcels of real estate in the United States, in the United Kingdom and elsewhere around the globe is one of the key economic enablers of our business. It's proving to be incredibly strategically valuable. We believe that will be true going forward as well. So as Will noted, it's not about the cap rate on any given parcel of land, it's about building the network that allows you then to amass a global liquid market of buyers as well. So it's a two-sided auction and owning our land has been a critical enabler of that two-sided auction. Craig Kennison -- Baird -- Analyst That is super helpful and maybe just to follow-up, Will, with your point on the property, where you didn't make the second round, what is the consequence of that, does that mean longer towing distances or higher costs, I mean, what is your backup plan given you need to service customers in that market? William E. Franklin -- Executive Vice President Well, there's a number of ways to approach markets like that typically, we like to have one large yard, and certain situations will settle for a multiple smaller sites. We'll also look at trucking and we'll do that tracking in a manner that does not negatively impactful to our sellers. For example, a truck in the evening. We can operationally address some of the yard constraints by taking older inventory and moving it off site. There is ways (ph) around it, but ultimately land will continue to become more expensive and the development costs will become more expensive as well. Jeffrey Liaw -- Chief Financial Officer And Craig, let me add to that, Will talked about a five year plan, we get bumped on land all the time. That example he gave, it is just another example of land that we've tried to buy, we couldn't buy and there will be another piece of land we can buy, but we can't get zoning, because we're working on this five years out, we're not out of capacity there. We've got room and we can service customers. And specifically in the market, he is talking about, we've got plenty of room and we can service customers. But we've eventually got to get land in that market. And if we didn't, then we would do some of the things that Will just spoke of. Craig Kennison -- Baird -- Analyst Great, thank you. William E. Franklin -- Executive Vice President Thanks Craig. Operator Our next question comes from Daniel Imbro with Stephens Incorporated. Daniel Imbro -- Stephens Incorporated -- Analsyt Yeah, good morning guys, thanks for taking my questions. Jeffrey Liaw -- Chief Financial Officer Good morning, Dan. Daniel Imbro -- Stephens Incorporated -- Analsyt Good morning. I want to start on a comment you made on ASP strength, and the growing number of bidders in the US despite it being a more mature market. I think in recent quarters, you've noted that you've increased your international marketing to bring more international bidders to auction, but there are -- are there any initiatives you can point to that you guys are doing to help bring domestic buyers to auction? Or what do you attribute that strength in bidders to? Jeffrey Liaw -- Chief Financial Officer Yes, yeah, we have specific initiatives for both domestic and international buyers. We work with a buyer profiles and through our marketing efforts, whether they're social or PPC or SEO, we're targeting those buyers to make more aware of our auction, and particularly the cars are available. So when we introduce or we go on to a new segment that may not be a familiar segment to our existing buyer base, we'll spend an -- an extra amount of time and resources to identify that segment, and to those particular buyers. And Jay just handed me some of my call notes. Obviously, we've been successful. We've increased our unique bidders on the domestic side by 14% when I say, that's 14% of a very large buyer. International is more segmented, because it's country by country. So two of the countries that are drawing are Georgia and Jordan. And Georgia for whatever reason, they're buying electric cars. So Teslas and Preaus are finding their way to Georgia to a very, very high ASPs. And so we are from -- we are obviously promoting that. And in China, they're buying Harley-Davidson. In Mexico they're buying pickup trucks. In the Netherlands, they are buying sports cars. So we're getting to know the demand in these particular regions. In Nigeria, they just want affordable transportation and our marketing efforts reflect that knowledge that we are gaining. Daniel Imbro -- Stephens Incorporated -- Analsyt Got it. That's really helpful color. Jeff, switching gears a little bit, looking at the revenue growth in the quarter, kind of the implied revenue per unit remaining strong, especially considering the scrap steel headwinds, that we saw during the quarter, can you maybe just give us the reminder on how scrap steel impacts your business and your ASPs. I feel like like a few years ago, it felt like a bigger driver of ARPU, but had anything changed, can you just give us a refresh on about how that impacts your business? Jeffrey Liaw -- Chief Financial Officer That's a great question and I think the answer is a strong yes, that the nature of scrap and its influence on our business has shrunken over time. It declined very meaningfully. And as a flip side of the coin of the issue we talked about a few moments ago, that a car -- imagine a car has a spectrum of potential value and at the very low end it is literally worth its weight in steel and its metal content. And in the other extreme end of the spectrum, it's a driveable car the next day, a perfectly intact automobile. As our -- as the nature of technology and the increasing complexity of cars has made more the totals -- more of the total cars at the end of this -- closer to the end of the spectrum of driveable cars, they're more rebuildable, they're more driveable, they're certainly worth more as parts than they are as a metal. And therefore scrap is not something by the way operationally, we particularly focus on day to day at all. It's really about finding the right buyers of the cars and the high value -- that the higher value cars for us assuredly are not being sold for scrap. The international buyers are obviously not shipping a car several thousand miles to melt it down. So the scrap matters, but increasingly less overtime. Daniel Imbro -- Stephens Incorporated -- Analsyt So yeah, we should change how we're thinking about it. That's helpful. And then maybe last one internationally. We've touched a lot on Germany, but looking -- it looks like you're growing scaling your offering in Spain, pretty nicely. Although it's still pretty small. Can you just update us on how you're thinking about that opportunity? Or any kind of feedback or learning on that market as we think about what's next beyond Germany and Europe? Thanks. Jeffrey Liaw -- Chief Financial Officer Sure. So we implemented a new playbook, if you will in Germany to build the network out. And we're letting the teams in Europe, basically take that playbook and implement it in Spain. So they've added locations and they are in many ways mimicking what we're doing in Germany to achieve their own success. There is -- there is focus in both markets, but clearly, we're putting the vast majority of our efforts right now into Germany to get that market to see a big win in terms of volume and a switch over. And, you know, this has been a continued investment in the market in terms of people, process, technology, land etc. And once we start to see that transition over, it will be even further growth into expanding locations. Will's example of the US for land is what we're doing right now in Germany. We've got a dozen sites we're looking at, and we are trying to purchase and then beat -- and then we'll develop those sites. So that the ability to build that network and to achieve success takes time. And so Spain is doing the exact same thing, they are much smaller weighed than Germany, but nonetheless, doing the exact same thing in that market. And they are seeing success. So we're excited about that. Daniel Imbro -- Stephens Incorporated -- Analsyt Great, thanks so much guys. Best of luck. Jeffrey Liaw -- Chief Financial Officer Thank you. William E. Franklin -- Executive Vice President Thank you. Operator (Operator Instructions). Our next question comes from Chris Bottiglieri of Wolfe Research. Chris Bottiglieri -- Wolfe Research -- Analyst Hi, it's Chris Bottiglieri. Thanks for taking the questions. So first one was, did I hear correctly that international buyers are 40% of units, but 50% of revenue? Jeffrey Liaw -- Chief Financial Officer 40% units is 50% of the value of everything that we auction. And that's because of buying the rebuildable cars and not the cars that are being part of that. Chris Bottiglieri -- Wolfe Research -- Analyst Got it. That makes sense. And can I -- as a rule of thumb that would suggest that the selling price of those cars is 25% higher than the non-international bidders. So would it be fair to kind of use as a rule of thumb for the impact on ARPU growth, the 25% premium as international mix grows? William E. Franklin -- Executive Vice President Yes. I can't validate that precise arithmetic, but directionally yes. They are buying meaningfully higher valued cars on average. In part because of that scrap phenomenon you heard a few moments ago repeat, very low end cars of course none of them go internationally many of the high-end cars do. Chris Bottiglieri -- Wolfe Research -- Analyst Got it. Perfect. Okay. The next question I had was, can you, I don't think you've heard talking this a lot recently, but can you talk about kind of within the US, the mix of fees, like excluding purchase vehicles, that just makes the math fuzzy, but can you give us a sense of what percentage of revenue is fee-based versus ancillary service based and kind of like to what extent that's contributed to ARPU growth in the last couple of years? Jeffrey Liaw -- Chief Financial Officer I think Chris by now, we've -- on fee schedule we tend not to discuss them in any great substance. I think we have delivered additional services, as you heard Will talk about a few of them including our title procurement services, loan pay-off, loan payoff amounts, and so forth. But we -- our reschedules are competitive and sensitive matters for us. We delivered we believe very strong value to both our sellers and buyers. Chris Bottiglieri -- Wolfe Research -- Analyst Got you. Then just a quick question on rent expense, that's doubled over the past years. I was wondering if this is driven entirely by international expansion or you had a change in philosophy like rent versus on own or cap rates or what not. And is there way to bifurcate the rent expense between the US international business force? Thank you. Jeffrey Liaw -- Chief Financial Officer You were posing the question about the lease versus own decision on real estate. Chris Bottiglieri -- Wolfe Research -- Analyst Well, yeah, like if you look at the facility's rent expense and for the Company, it's doubled over the last two years. So trying to figure out what's driving that. Is it all international? Or is it something else going on with driving that like doubling of rent expense? Jeffrey Liaw -- Chief Financial Officer I would think of rent expense a little bit like purchased cars for Copart. They are, it's a number that you'll see, and therefore, and we reported publicly and therefore it draws attention, but in practice, we buy what we can. So we buy anything we can and we lease when it's operationally necessary. We intend to when we enter a particular market when we are adding capacity to a metro area, in our existing markets, our expectation is that we're there for decades, and so we're always better off buying. There are some circumstances in which the land that's available can't be bought and therefore has to be leased. There are some circumstances for example in Germany, as you mentioned a moment ago in which our desire to be up and running very quickly compels us to pursue actionable properties in some cases or in many cases lease properties instead of purchasing them. But our preference fundamentally in almost every case would be to buy and not to lease and any additional rental properties are by necessity, not by desire. Chris Bottiglieri -- Wolfe Research -- Analyst Got you. Okay, thank you. Operator Thank you, everyone. At this time, that concludes today's question-and-answer session. I will now turn the call back over to Mr. Adair. Jayson Adair -- Chief Executive Officer Thanks so much. We appreciate you all attending the call and we look forward to reporting on the end of the year and the fourth quarter on the next call. Thanks so much. Bye-bye. Operator Ladies and gentlemen, thank you for your participation. This does conclude today's conference. Have a great rest of your day. Duration: 51 minutes Call participants: Jayson Adair -- Chief Executive Officer Jeffrey Liaw -- Chief Financial Officer William E. Franklin -- Executive Vice President Robert Labick -- CJS Securities -- Analyst John Healy -- Northcoast Research -- Analyst Stephanie Benjamin -- SunTrust -- Analyst Craig Kennison -- Baird -- Analyst Daniel Imbro -- Stephens Incorporated -- Analsyt Chris Bottiglieri -- Wolfe Research -- Analyst More CPRT analysis All earnings call transcripts 10 stocks we like better than Copart When investing geniuses David and Tom Gardner have a stock tip, it can pay to listen. After all, the newsletter they have run for over a decade, Motley Fool Stock Advisor, has quadrupled the market.* David and Tom just revealed what they believe are the ten best stocks for investors to buy right now... and Copart wasn't one of them! That's right -- they think these 10 stocks are even better buys. See the 10 stocks *Stock Advisor returns as of March 1, 2019 This article is a transcript of this conference call produced for The Motley Fool. While we strive for our Foolish Best, there may be errors, omissions, or inaccuracies in this transcript. As with all our articles, The Motley Fool does not assume any responsibility for your use of this content, and we strongly encourage you to do your own research, including listening to the call yourself and reading the company's SEC filings. Please see our Terms and Conditions for additional details, including our Obligatory Capitalized Disclaimers of Liability. Motley Fool Transcribers has no position in any of the stocks mentioned. The Motley Fool recommends Copart. The Motley Fool has a disclosure policy. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Consumer Sector Update for 05/23/2019: VIPS,LB,CPRT,VFC Top Consumer Stocks WMT -0.50% MCD -0.57% DIS -0.88% CVS -2.05% KO +0.28% Consumer stocks pared some of their prior declines, with shares of consumer staples companies in the S&P 500 slipping just over 0.2% this afternoon while shares of consumer discretionary firms in the S&P 500 were falling over 1.2%. Among consumer stocks moving on news: (+) Vipshop Holdings (VIPS) was nearly 4% higher in late Thurday trading after the Chinese luxury e-commerce platform reported non-GAAP Q1 net income of RMB1.19 per share, up from RMB1.05 per share during the same quarter last year and exceeding the Capital IQ consensus by RMB0.11 per share. Revenue increased to RMB21.3 billion, also topping the RMB20.6 billion Street view. In other sector news: (+) L Brands (LB) climbed 12% after the apparel retailer reported above-consensus Q1 financial results. It earned $0.14 per share on $2.63 billion in net sales during the three months ended May 5 compared with Wall Street expectations looking for a $0.00 per share on $2.56 billion in revenue. (+) Copart (CPRT) rose 8% on Thursday after the car and truck dealer earned $0.66 per share, excluding one-time items, rising from $0.52 per share during the same quarter last year, while net sales grew 15.7% year over year to $553.1 million. Analysts, on average, had been looking for a $0.62 per share Q3 profit on $537.11 million in sales. (-) VF Corp. (VFC) was down 1%, reversing an earlier gain. Country music fans were threatening to boycott the company's Wrangler jeans division over its collaboration with rapper Lil Nas X, according to media reports. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Consumer Sector Update for 05/23/2019: CPRT,LB,VFC Top Consumer Stocks WMT -0.93% MCD -0.87% DIS -1.29% CVS -1.41% KO +0.08% Consumer stocks were broadly lower, with shares of consumer staples companies in the S&P 500 sinking nearly 0.5% this afternoon while shares of consumer discretionary firms in the S&P 500 were falling over 1.6%. Among consumer stocks moving on news: (+) Copart (CPRT) rose over 6% on Thursday after the car and truck dealer earned $0.66 per share, excluding one-time items, rising from $0.52 per share during the same quarter last year, while net sales grew 15.7% year over year to $553.1 million. Analysts, on average, had been looking for a $0.62 per share Q3 profit on $537.11 million in sales. In other sector news: (+) L Brands (LB) climbed 13% after the apparel retailer reported above-consensus Q1 financial results. It earned $0.14 per share on $2.63 billion in net sales during the three months ended May 5 compared with Wall Street expectations looking for a $0.00 per share on $2.56 billion in revenue. (-) VF Corp. (VFC) was down almost 1%, reversing an earlier gain. Country music fans were threatening to boycott the company's Wrangler jeans division over its collaboration with rapper Lil Nas X, according to media reports. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Copart's Sales Return to Strong Growth and Earnings Pop in Q3 Copart (NASDAQ: CPRT), an online automotive auction company, reported its third-quarter results on May 22, with sales jumping 15.7% year over year to $553.1 million. That increase was an improvement from the 5% sales jump in the second quarter and the 10% increase in the first quarter of this year. The company also reported impressive net income of $553.1 million in the third quarter, an increase of 51.3% year over year. Copart results: The raw numbers Data source: Copart. Image source: Getty Images. What happened with Copart this quarter? Copart's strong sales growth in the third quarter is a welcome change. The company had experienced a slowdown of its revenue growth over the past several quarters, and the third-quarter jump not only reversed that trend but also helped Copart achieve its highest revenue in at least the past two years. Copart's increase in revenue is attributable to both an increase in the company's service revenue and vehicle sales in the quarter. Service sales jumped 15% year over year to $473.7 million, and vehicle sales popped 18% to $79.4 million. Copart's management considers the company's service revenue (which is sales it collects from both vehicle sellers and buyers) the most \""accurate indicator\"" of its underlying business. It accounts for about 86% of total sales, so it was good to see this revenue segment increase by 15% in the quarter. Aside from increasing sales, Copart's operating income also jumped by 32% in the quarter to $207.5 million, and the company's gross profit increased by 15% to $251.6 million. Copart's management mentioned in the third-quarter press release that the company's operating results are still being adversely affected by \""abnormal costs\"" related to the impact of Hurricane Harvey. The hurricane has caused increases in spending for storage facilities, equipment rentals, increased overtime labor costs, and the like for the company that totaled $7.4 million in the quarter. What investors can expect Copart's share price has popped about 5% following the company's third-quarter results, which isn't all that surprising considering the company's strong sales and earnings growth. The company's share price has been steadily increasing since the beginning of this year after taking a steep dive toward the end of 2018. Copart's share price climb this year has resulted in a 30% gain over the past 12 months, compared to the S&P 500's increase of just 3.5%. Copart's management doesn't issue any forward guidance, but investors should be pleased with the fact that the company's sales are moving in the right direction again. Investors should continue to keep a close eye on sales to see if the current reversal of slowing revenue growth is indicative of a new trend or if it's a momentary blip. Either way, they should be pleased with the company's strong sales and earnings performance in the third quarter. 10 stocks we like better than Copart When investing geniuses David and Tom Gardner have a stock tip, it can pay to listen. After all, the newsletter they have run for over a decade, Motley Fool Stock Advisor, has quadrupled the market.* David and Tom just revealed what they believe are the ten best stocks for investors to buy right now... and Copart wasn't one of them! That's right -- they think these 10 stocks are even better buys. See the 10 stocks *Stock Advisor returns as of March 1, 2019 Chris Neiger has no position in any of the stocks mentioned. The Motley Fool recommends Copart. The Motley Fool has a disclosure policy. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Validea Martin Zweig Strategy Daily Upgrade Report - 5/23/2019 The following are today's upgrades for Validea's Growth Investor model based on the published strategy of Martin Zweig. This strategy looks for growth stocks with persistent accelerating earnings and sales growth, reasonable valuations and low debt. COPART, INC. (CPRT) is a large-cap growth stock in the Computer Services industry. The rating according to our strategy based on Martin Zweig changed from 62% to 85% based on the firm\u2019s underlying fundamentals and the stock\u2019s valuation. A score of 80% or above typically indicates that the strategy has some interest in the stock and a score above 90% typically indicates strong interest. Company Description: 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. The Company provides vehicle sellers with a range of services to process and sell vehicles primarily over the Internet through its virtual bidding third generation Internet auction-style sales technology (VB3). The Company's service offerings include Online Seller Access, Salvage Estimation Services, Estimating Services, End-Of-Life Vehicle Processing, Virtual Insured Exchange (VIX), Transportation Services, Vehicle Inspection Stations, On-Demand Reporting, Department of Motor Vehicle (DMV) Processing, Flexible Vehicle Processing Programs, Buy It Now, Member Network, Sales Process, Copart Dealer Services, CashForCars.com and U-Pull-It. The following table summarizes whether the stock meets each of this strategy's tests. Not all criteria in the below table receive equal weighting or are independent, but the table provides a brief overview of the strong and weak points of the security in the context of the strategy's criteria. For a full detailed analysis using NASDAQ's Guru Analysis tool, click here Since its inception, Validea's strategy based on Martin Zweig has returned 427.56% vs. 187.33% for the S&P 500. For more details on this strategy, click here Sponsored Links Look For Any High School Yearbook, It's Free Classmates About Martin Zweig: During the 15 years that it was monitored, Zweig's stock recommendation newsletter returned an average of 15.9 percent per year, during which time it was ranked number one based on risk-adjusted returns by Hulbert Financial Digest. Zweig has managed both mutual and hedge funds during his career, and he's put the fortune he's compiled to some interesting uses. He has owned what Forbes reported was the most expensive apartment in New York, a $70 million penthouse that sits atop Manhattan's Pierre Hotel, and he is a collector of all sorts of pop culture and historical memorabilia -- among his purchases are the gun used by Clint Eastwood in \""Dirty Harry\"", a stock certificate signed by Commodore Vanderbilt, and even two old-fashioned gas pumps similar to those he'd seen at a nearby gas station while growing up in Cleveland, according to published reports. About Validea: Validea is aninvestment researchservice that follows the published strategies of investment legends. Validea offers both stock analysis and model portfolios based on gurus who have outperformed the market over the long-term, including Warren Buffett, Benjamin Graham, Peter Lynch and Martin Zweig. For more information about Validea, click here The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Copart shares are trading higher after the company reported better-than-expected Q3 EPS and sales results."", ""33 Stocks Moving In Thursday's Mid-Day Session"", ""25 Stocks Moving In Thursday's Pre-Market Session"", ""11 Stocks To Watch For May 23, 2019"", ""Copart, Inc. (CPRT) CEO Jayson Adair on Fiscal Q3 2019 Results - Earnings Call Transcript"", ""Copart +5% after earnings topper""]"
CPRT,2019-05-24,17.655,18.1275,17.6225,17.7475,"[""48 Biggest Movers From Yesterday"", ""48 Biggest Movers From Yesterday"", ""48 Biggest Movers From Yesterday""]"
CPRT,2019-05-28,17.8825,18.1488,17.8654,17.925,"[""3 Reasons Why Copart (CPRT) Is a Great Growth Stock"", ""3 Reasons Why Copart (CPRT) Is a Great Growth Stock"", ""3 Reasons Why Copart (CPRT) Is a Great Growth Stock""]"
CPRT,2019-05-29,17.795,17.8288,17.5888,17.6225,
CPRT,2019-05-30,17.63,17.9725,17.505,17.8875,
CPRT,2019-05-31,17.7225,17.9525,17.6825,17.87,
CPRT,2019-06-03,17.8825,17.995,17.7275,17.825,
CPRT,2019-06-04,17.96,18.1425,17.8625,18.0925,"[""Time to Focus on Copart (CPRT) for Strong Earnings Growth Potential"", ""Time to Focus on Copart (CPRT) for Strong Earnings Growth Potential"", ""Time to Focus on Copart (CPRT) for Strong Earnings Growth Potential""]"
CPRT,2019-06-05,18.275,18.38,18.1975,18.2675,
CPRT,2019-06-06,18.355,18.4525,18.245,18.435,"[""How To Find The Best Growth Stocks"", ""How To Find The Best Growth Stocks"", ""How To Find The Best Growth Stocks""]"
CPRT,2019-06-07,18.5375,18.805,18.51,18.6625,
CPRT,2019-06-10,18.74,18.875,18.6775,18.71,"[""Are You Looking for a Top Momentum Pick? Why Copart (CPRT) is a Great Choice"", ""Are You Looking for a Top Momentum Pick? Why Copart (CPRT) is a Great Choice"", ""Are You Looking for a Top Momentum Pick? Why Copart (CPRT) is a Great Choice""]"
CPRT,2019-06-11,18.755,18.8112,18.325,18.4225,
CPRT,2019-06-12,18.4725,18.73,18.37,18.6975,
CPRT,2019-06-13,18.7325,18.7475,18.56,18.6925,"[""Has Copart (CPRT) Outpaced Other Business Services Stocks This Year?"", ""Copart (CPRT) is an Incredible Growth Stock: 3 Reasons Why"", ""Has Copart (CPRT) Outpaced Other Business Services Stocks This Year?"", ""Copart (CPRT) is an Incredible Growth Stock: 3 Reasons Why"", ""Has Copart (CPRT) Outpaced Other Business Services Stocks This Year?"", ""Copart (CPRT) is an Incredible Growth Stock: 3 Reasons Why""]"
CPRT,2019-06-14,18.695,18.7375,18.4275,18.4525,
CPRT,2019-06-17,18.515,18.6125,18.2925,18.305,
CPRT,2019-06-18,18.4025,18.555,18.2925,18.3425,
CPRT,2019-06-19,18.335,18.5275,18.19,18.5175,
CPRT,2019-06-20,18.7175,18.75,18.5338,18.6875,
CPRT,2019-06-21,18.6025,18.8075,18.29,18.485,"[""Why Is Copart (CPRT) Up 6.9% Since Last Earnings Report?"", ""Why Is Copart (CPRT) Up 6.9% Since Last Earnings Report?"", ""Why Is Copart (CPRT) Up 6.9% Since Last Earnings Report?""]"
CPRT,2019-06-24,18.5525,18.58,18.4325,18.4425,"[""IBD 50 Stocks To Watch: Copart Has A New Factor"", ""IBD 50 Stocks To Watch: Copart Has A New Factor"", ""Invesco S&P 500 Equal Weight Industrials ETF Experiences Big Outflow Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, one standout is the Invesco S&P 500\u2014 Equal Weight Industrials ETF (Symbol: RGI) where we have detected an approximate $43.9 million dollar outflow -- that's a 17.5% decrease week over week (from 2,000,000 to 1,650,000). Among the largest underlying components of RGI, in trading today Arconic Inc (Symbol: ARNC) is up about 0.7%, Copart Inc (Symbol: CPRT) is up about 0.3%, and Equifax Inc (Symbol: EFX) is lower by about 0.5%. For a complete list of holdings, visit the RGI Holdings page \u00bb The chart below shows the one year price performance of RGI, versus its 200 day moving average: Looking at the chart above, RGI's low point in its 52 week range is $96.50 per share, with $129.88 as the 52 week high point \u2014 that compares with a last trade of $124.81. Comparing the most recent share price to the 200 day moving average can also be a useful technical analysis technique -- learn more about the 200 day moving average \u00bb. Exchange traded funds (ETFs) trade just like stocks, but instead of ''shares'' investors are actually buying and selling ''units''. These ''units'' can be traded back and forth just like stocks, but can also be created or destroyed to accommodate investor demand. Each week we monitor the week-over-week change in shares outstanding data, to keep a lookout for those ETFs experiencing notable inflows (many new units created) or outflows (many old units destroyed). Creation of new units will mean the underlying holdings of the ETF need to be purchased, while destruction of units involves selling underlying holdings, so large flows can also impact the individual components held within ETFs. Click here to find out which 9 other ETFs experienced notable outflows \u00bb The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""IBD 50 Stocks To Watch: Copart Has A New Factor""]"
CPRT,2019-06-25,18.465,18.5225,18.3,18.345,
CPRT,2019-06-26,18.415,18.4925,18.2575,18.3475,
CPRT,2019-06-27,18.3475,18.45,18.25,18.34,
CPRT,2019-06-28,18.315,18.7725,18.2188,18.685,
CPRT,2019-07-01,18.8775,18.975,18.6475,18.7425,"[""Is Copart (CPRT) a Solid Growth Stock? 3 Reasons to Think \"" Yes \"""", ""Is Copart (CPRT) a Solid Growth Stock? 3 Reasons to Think \"" Yes \"""", ""Is Copart (CPRT) a Solid Growth Stock? 3 Reasons to Think \"" Yes \""""]"
CPRT,2019-07-02,18.7425,18.8425,18.585,18.7,
CPRT,2019-07-03,18.7675,18.8025,18.68,18.7425,"[""20 Best And Worst S&P 500 Stocks Through The First Half Of 2019"", ""20 Best And Worst S&P 500 Stocks Through The First Half Of 2019"", ""20 Best And Worst S&P 500 Stocks Through The First Half Of 2019""]"
CPRT,2019-07-05,18.6725,18.69,18.53,18.65,
CPRT,2019-07-08,18.6175,18.6175,18.3925,18.535,"The S&P 500 CEOs who deliver for shareholders and those who don’t Investors endured a rough 2018, with a December drawdown capping a year that saw the major stock-market indexes post their worst annual performances since the financial crisis a decade ago. The bosses, however, did just fine."
CPRT,2019-07-09,18.5,18.8275,18.48,18.815,
CPRT,2019-07-10,18.9,19.085,18.82,18.945,"[""Cordasco Financial Network Buys iShares Core U.S. ..."", ""Cordasco Financial Network Buys iShares Core U.S. ..."", ""Cordasco Financial Network Buys iShares Core U.S. ..."", ""S&P 500 index tops 3,000 for first time \u2014 here\u2019s how the stock market got here and what it means Shares of chip maker Nvidia has made the biggest gains since the S&P was at 2,000 Five years in the making. That is essentially the time it has taken for the S&P 500 to hit a milestone mark at 3,000 for the first time in its history. The stock gauge first closed at 2,000 on Aug. 26, 2014, according to Dow Jones Market Data.""]"
CPRT,2019-07-11,18.99,19.23,18.9,19.1975,
CPRT,2019-07-12,19.24,19.3975,19.175,19.3325,"[""Breakouts To 52-Week Highs"", ""Breakouts To 52-Week Highs"", ""Breakouts To 52-Week Highs"", ""The S&P 500 just hit a record high \u2014 so did these stocks These 54 components of the S&P 500 rose to record levels too These 54 components of the S&P 500 rose to record levels too.""]"
CPRT,2019-07-15,19.335,19.415,19.2275,19.375,
CPRT,2019-07-16,19.34,19.4712,19.325,19.3675,"[""Merion Road Q2 2019 Investor Letter"", ""Merion Road Q2 2019 Investor Letter"", ""Merion Road Q2 2019 Investor Letter""]"
CPRT,2019-07-17,19.39,19.5325,19.25,19.26,
CPRT,2019-07-18,19.4525,19.5525,19.2725,19.4525,"[""Genuine Parts (GPC) Q2 Earnings and Revenues Miss Estimates"", ""Genuine Parts (GPC) Inks Agreement to Acquire Todd Group"", ""Genuine Parts (GPC) Inks Agreement to Acquire Todd Group"", ""Genuine Parts (GPC) Q2 Earnings and Revenues Miss Estimates"", ""Genuine Parts (GPC) Inks Agreement to Acquire Todd Group"", ""Genuine Parts (GPC) Q2 Earnings and Revenues Miss Estimates""]"
CPRT,2019-07-19,19.545,19.6842,19.3625,19.3775,
CPRT,2019-07-22,19.38,19.68,19.375,19.56,"[""Autoliv (ALV) Earnings Beat Estimates in Q2, Decline Y/Y"", ""Gentex (GNTX) Q1 Earnings Beat Estimates, Revenues Rise Y/Y"", ""Autoliv (ALV) Earnings Beat Estimates in Q2, Decline Y/Y"", ""Gentex (GNTX) Q1 Earnings Beat Estimates, Revenues Rise Y/Y"", ""Autoliv (ALV) Earnings Beat Estimates in Q2, Decline Y/Y"", ""Gentex (GNTX) Q1 Earnings Beat Estimates, Revenues Rise Y/Y""]"
CPRT,2019-07-23,19.685,19.8925,19.66,19.8075,"[""PACCAR (PCAR) Earnings Miss Estimates in Q2, Improve Y/Y"", ""Harley-Davidson's (HOG) Q2 Earnings Beat Estimates, Down Y/Y"", ""Gentex (GNTX) Q2 Earnings Beat Estimates, Revenues Rise Y/Y (Revised)"", ""Stocks that Broke 52-Week Highs Tuesday"", ""Stocks that Broke 52-Week Highs Tuesday"", ""Harley-Davidson's (HOG) Q2 Earnings Beat Estimates, Down Y/Y"", ""PACCAR (PCAR) Earnings Miss Estimates in Q2, Improve Y/Y"", ""Gentex (GNTX) Q2 Earnings Beat Estimates, Revenues Rise Y/Y (Revised)"", ""Stocks that Broke 52-Week Highs Tuesday"", ""Harley-Davidson's (HOG) Q2 Earnings Beat Estimates, Down Y/Y"", ""PACCAR (PCAR) Earnings Miss Estimates in Q2, Improve Y/Y"", ""Gentex (GNTX) Q2 Earnings Beat Estimates, Revenues Rise Y/Y (Revised)""]"
CPRT,2019-07-24,19.8425,19.8775,19.6375,19.8425,"[""AutoNation's (AN) Q2 Earnings and Revenues Beat Estimates"", ""AutoNation's (AN) Q2 Earnings and Revenues Beat Estimates"", ""AutoNation's (AN) Q2 Earnings and Revenues Beat Estimates""]"
CPRT,2019-07-25,19.8125,19.895,19.7125,19.785,"[""Tesla (TSLA) Earnings and Revenues Miss Estimates in Q2"", ""O'Reilly's (ORLY) Q2 Earnings and Revenues Lag Estimates"", ""Ford's (F) Earnings Surpass Estimates in Q2, Improve Y/Y"", ""BorgWarner's (BWA) Q2 Earnings Meet, Revenues Top Estimates"", ""BorgWarner's (BWA) Q2 Earnings Meet, Revenues Top Estimates"", ""Ford's (F) Earnings Surpass Estimates in Q2, Improve Y/Y"", ""O'Reilly's (ORLY) Q2 Earnings and Revenues Lag Estimates"", ""Tesla (TSLA) Earnings and Revenues Miss Estimates in Q2"", ""BorgWarner's (BWA) Q2 Earnings Meet, Revenues Top Estimates"", ""Ford's (F) Earnings Surpass Estimates in Q2, Improve Y/Y"", ""O'Reilly's (ORLY) Q2 Earnings and Revenues Lag Estimates"", ""Tesla (TSLA) Earnings and Revenues Miss Estimates in Q2""]"
CPRT,2019-07-26,19.8125,19.935,19.7275,19.8575,"[""Sonic Automotive (SAH) Q2 Earnings & Revenues Beat Estimates"", ""Group 1 Automotive (GPI) Q2 Earnings Beat Estimates, Up Y/Y"", ""Goodyear (GT) Earnings Miss Estimate in Q2, Decline Y/Y"", ""Companies That Achieved 52-Week Highs Friday"", ""Companies That Achieved 52-Week Highs Friday"", ""Goodyear (GT) Earnings Miss Estimate in Q2, Decline Y/Y"", ""Sonic Automotive (SAH) Q2 Earnings & Revenues Beat Estimates"", ""Group 1 Automotive (GPI) Q2 Earnings Beat Estimates, Up Y/Y"", ""Companies That Achieved 52-Week Highs Friday"", ""Goodyear (GT) Earnings Miss Estimate in Q2, Decline Y/Y"", ""Sonic Automotive (SAH) Q2 Earnings & Revenues Beat Estimates"", ""Group 1 Automotive (GPI) Q2 Earnings Beat Estimates, Up Y/Y""]"
CPRT,2019-07-29,19.8775,19.915,19.4412,19.575,"[""Lear (LEA) Lags Q2 Earnings & Revenue Estimates, Down Y/Y"", ""Lear (LEA) Lags Q2 Earnings & Revenue Estimates, Down Y/Y"", ""Lear (LEA) Lags Q2 Earnings & Revenue Estimates, Down Y/Y""]"
CPRT,2019-07-30,19.4625,19.73,19.415,19.455,"[""Cummins (CMI) Earnings and Revenues Miss Estimates in Q2"", ""Cooper Tire (CTB) Lags Q2 Earnings and Revenue Estimates"", ""Copart: A 10-Year, Full-Cycle Analysis"", ""Cummins (CMI) Earnings and Revenues Miss Estimates in Q2"", ""Cooper Tire (CTB) Lags Q2 Earnings and Revenue Estimates"", ""Copart: A 10-Year, Full-Cycle Analysis"", ""Cummins (CMI) Earnings and Revenues Miss Estimates in Q2"", ""Cooper Tire (CTB) Lags Q2 Earnings and Revenue Estimates"", ""Copart: A 10-Year, Full-Cycle Analysis""]"
CPRT,2019-07-31,19.5,19.6375,19.2325,19.3825,"[""Penske Automotive (PAG) Lags Q2 Earnings & Revenue Estimates"", ""Penske Automotive (PAG) Lags Q2 Earnings & Revenue Estimates"", ""Penske Automotive (PAG) Lags Q2 Earnings & Revenue Estimates""]"
CPRT,2019-08-01,19.32,19.62,19.1125,19.185,"[""Meritor (MTOR) Q3 Earnings Surpass Estimates, Improve Y/Y"", ""Meritor (MTOR) Q3 Earnings Surpass Estimates, Improve Y/Y"", ""Meritor (MTOR) Q3 Earnings Surpass Estimates, Improve Y/Y""]"
CPRT,2019-08-02,19.195,19.2476,18.79,19.035,"[""Oshkosh (OSK) Q3 Earnings & Revenues Beat Estimates, Up Y/Y"", ""CNH Industrial's (CNHI) Q2 Earnings Beat Estimates, Rise Y/Y"", ""CNH Industrial's (CNHI) Q2 Earnings Beat Estimates, Rise Y/Y"", ""Oshkosh (OSK) Q3 Earnings & Revenues Beat Estimates, Up Y/Y"", ""CNH Industrial's (CNHI) Q2 Earnings Beat Estimates, Rise Y/Y"", ""Oshkosh (OSK) Q3 Earnings & Revenues Beat Estimates, Up Y/Y""]"
CPRT,2019-08-05,18.795,18.82,18.2242,18.35,"[""Toyota Motor (TM) Q1 Earnings and Revenues Beat Estimates"", ""Cooper-Standard (CPS) Q2 Earnings Lag Estimates, Down Y/Y"", ""Cooper-Standard (CPS) Q2 Earnings Lag Estimates, Down Y/Y"", ""Toyota Motor (TM) Q1 Earnings and Revenues Beat Estimates"", ""Cooper-Standard (CPS) Q2 Earnings Lag Estimates, Down Y/Y"", ""Toyota Motor (TM) Q1 Earnings and Revenues Beat Estimates""]"
CPRT,2019-08-06,18.4675,18.7375,18.3725,18.65,"[""Copart expands Memphis location to meet demand"", ""Smithfield Trust Co Buys iShares Core MSCI Europe ETF, Vanguard Intermediate-Term Bond ETF, ..."", ""Copart expands Memphis location to meet demand"", ""Smithfield Trust Co Buys iShares Core MSCI Europe ETF, Vanguard Intermediate-Term Bond ETF, ..."", ""Copart expands Memphis location to meet demand"", ""Smithfield Trust Co Buys iShares Core MSCI Europe ETF, Vanguard Intermediate-Term Bond ETF, ...""]"
CPRT,2019-08-07,18.4675,18.79,18.358,18.7625,
CPRT,2019-08-08,18.7975,18.99,18.4412,18.91,"[""ClearBridge SMID Cap Growth Strategy Portfolio Manager Commentary Q2 2019"", ""Covey Capital Advisors, LLC Buys The Walt Disney Co, Visa Inc, PayPal Holdings Inc, Sells ..."", ""Covey Capital Advisors, LLC Buys The Walt Disney Co, Visa Inc, PayPal Holdings Inc, Sells ..."", ""Covey Capital Advisors, LLC Buys The Walt Disney Co, Visa Inc, PayPal Holdings Inc, Sells ..."", ""ClearBridge SMID Cap Growth Strategy Portfolio Manager Commentary Q2 2019"", ""ClearBridge SMID Cap Growth Strategy Portfolio Manager Commentary Q2 2019"", ""Covey Capital Advisors, LLC Buys The Walt Disney Co, Visa Inc, PayPal Holdings Inc, Sells ..."", ""Covey Capital Advisors, LLC Buys The Walt Disney Co, Visa Inc, PayPal Holdings Inc, Sells ..."", ""ClearBridge SMID Cap Growth Strategy Portfolio Manager Commentary Q2 2019"", ""ClearBridge SMID Cap Growth Strategy Portfolio Manager Commentary Q2 2019""]"
CPRT,2019-08-09,18.93,19.0275,18.8625,18.905,
CPRT,2019-08-12,18.82,18.91,18.655,18.8225,
CPRT,2019-08-13,18.7375,19.205,18.5975,19.0725,
CPRT,2019-08-14,18.85,18.8875,18.5568,18.5775,
CPRT,2019-08-15,18.613,18.7025,18.535,18.6375,
CPRT,2019-08-16,18.8,18.97,18.7,18.875,
CPRT,2019-08-19,19.0975,19.1525,18.9598,19.045,"[""Copart Announces Capacity Expansion at East Georgia Location"", ""Copart Announces Capacity Expansion at East Georgia Location"", ""Copart Announces Capacity Expansion at East Georgia Location""]"
CPRT,2019-08-20,19.025,19.0512,18.7975,18.9475,"[""After 33% Rise, Can Large-Cap IBD 50 Member Copart Stock Motor Higher?"", ""After 33% Rise, Can Large-Cap IBD 50 Member Copart Stock Motor Higher?"", ""After 33% Rise, Can Large-Cap IBD 50 Member Copart Stock Motor Higher?""]"
CPRT,2019-08-21,19.07,19.3675,19.045,19.2175,
CPRT,2019-08-22,19.1925,19.2625,18.99,19.06,"[""Four Large-Cap Stocks That Could Deliver With A Little Patience"", ""Four Large-Cap Stocks That Could Deliver With A Little Patience"", ""Four Large-Cap Stocks That Could Deliver With A Little Patience""]"
CPRT,2019-08-23,18.995,19.035,18.36,18.42,
CPRT,2019-08-26,18.4975,18.5325,18.33,18.445,
CPRT,2019-08-27,18.6175,18.7225,18.53,18.6575,
CPRT,2019-08-28,18.6275,18.7675,18.3,18.7525,
CPRT,2019-08-29,18.8875,19.0525,18.8875,18.935,
CPRT,2019-08-30,19.09,19.1225,18.7712,18.8475,
CPRT,2019-09-03,18.805,18.87,18.495,18.69,"[""Notable earnings after Wednesday's close"", ""Copart Q4 2019 Earnings Preview"", ""Stocks To Watch Ahead Of Earnings: Copart"", ""Will Copart's (CPRT) Expansion Drive Bolster Q4 Earnings?"", ""Notable earnings after Wednesday's close"", ""Copart Q4 2019 Earnings Preview"", ""Stocks To Watch Ahead Of Earnings: Copart"", ""Will Copart's (CPRT) Expansion Drive Bolster Q4 Earnings?"", ""Notable earnings after Wednesday's close"", ""Copart Q4 2019 Earnings Preview"", ""Stocks To Watch Ahead Of Earnings: Copart"", ""Will Copart's (CPRT) Expansion Drive Bolster Q4 Earnings?""]"
CPRT,2019-09-04,18.7825,19.06,18.78,18.915,"[""Copart EPS beats by $0.02, beats on revenue"", ""Copart Names Jeff Liaw as President"", ""Earnings Scheduled For September 4, 2019"", ""Copart Q4 Earnings Preview"", ""Copart Q4 Adj. EPS $0.6 Beats $0.58 Estimate, Sales $542.6M Beat $516.15M Estimate"", ""Copart Q4 Adj. EPS $0.6 Beats $0.58 Estimate, Sales $542.6M Beat $516.15M Estimate"", ""Copart Q4 Earnings Preview"", ""Earnings Scheduled For September 4, 2019"", ""Copart Names Jeff Liaw as President"", ""Copart EPS beats by $0.02, beats on revenue"", ""Copart Q4 Adj. EPS $0.6 Beats $0.58 Estimate, Sales $542.6M Beat $516.15M Estimate"", ""Copart Q4 Earnings Preview"", ""Earnings Scheduled For September 4, 2019"", ""Copart Names Jeff Liaw as President"", ""Copart EPS beats by $0.02, beats on revenue""]"
CPRT,2019-09-05,19.125,20.3575,18.405,20.1525,"[""IBD Stock Of The Day: Copart Breaks Out As Salvage Car Leader 'Doubles Down' On Growth"", ""Dow Jones Rips 480 Points Higher Amid Economic Data, Trade War Optimism; 3 Growth Stocks Break Out"", ""Copart (CPRT) Q4 Earnings & Revenues Top Estimates, Up Y/Y"", ""Copart +6% due to strong margins"", ""Copart, Inc. (CPRT) CEO Jayson Adair on Q4 2019 Results - Earnings Call Transcript"", ""Copart shares are trading higher after the company reported better-than-expected Q4 EPS and sales results."", ""55 Stocks Moving In Thursday's Mid-Day Session"", ""Stocks That Hit 52-Week Highs On Thursday"", ""Stocks That Hit 52-Week Highs On Thursday"", ""55 Stocks Moving In Thursday's Mid-Day Session"", ""Copart shares are trading higher after the company reported better-than-expected Q4 EPS and sales results."", ""Copart, Inc. (CPRT) CEO Jayson Adair on Q4 2019 Results - Earnings Call Transcript"", ""IBD Stock Of The Day: Copart Breaks Out As Salvage Car Leader 'Doubles Down' On Growth"", ""Dow Jones Rips 480 Points Higher Amid Economic Data, Trade War Optimism; 3 Growth Stocks Break Out"", ""Copart +6% due to strong margins"", ""Copart (CPRT) Q4 Earnings & Revenues Top Estimates, Up Y/Y"", ""Copart, Inc. (CPRT) Q4 2019 Earnings Call Transcript Image source: The Motley Fool. Copart, Inc. (NASDAQ: CPRT) Q4 2019 Earnings Call Sep 5, 2019, 11:00 a.m. ET Contents: Prepared Remarks Questions and Answers Call Participants Prepared Remarks: Operator Good day everyone and welcome to the Copart Incorporated Fourth Quarter Fiscal 2019 Earnings Call. Just a reminder, today's conference is being recorded. For opening remarks and introductions, I would like to turn the call over to Mr. Jay Adair, Chief Executive Officer of Copart Incorporated. Please go ahead, sir. A. Jayson Adair -- Chief Executive Officer Thank you, Jonathan. Good morning everyone and welcome to the fourth quarterearnings callfor Copart. Before I start, I will turn it over to Jeff Liaw for opening remarks and then I'll give you some commentary, turn it back to Jeff for an update and then we'll open it up for Q&A. With that let me turn over to Jeff. Jeffrey Liaw -- Chief Financial Officer Perfect. Thanks, Jay. I'll start with our Safe Harbor. During today's call, we'll discuss certain non-GAAP measures, including non-GAAP net income per diluted common share, which includes adjustments to reverse the effect of the impact of income taxes on the deemed repatriation of foreign earnings, net of deferred tax charges, certain discrete income tax items, disposals of non-operating assets, impairment of long-lived assets, acquisition related fees and integration charges, reserves for legacy sales tax liabilities, foreign currency related gains and losses, certain income tax benefits and payroll taxes related to accounting for stock option exercises and the effect on common equivalent shares from ASU 2016-09. We've provided a reconciliation of these non-GAAP financial measures to the most directly comparable GAAP measures on our website under the Investor Relations link and in our press release issued yesterday. We believe the presentation of these non-GAAP measures together with our corresponding GAAP measures is relevant in assessing Copart's business trends and financial performance. We analyze our results on both the GAAP and non-GAAP basis described above. In addition, this call contains forward-looking statements within the meaning of federal securities laws, which are subject to substantial risks and uncertainties that could cause actual results to differ materially from those projected or implied by our statements and comments. We do not undertake to update any forward-looking statements that may be made from time-to-time on our behalf. For a more complete discussion of the risks that could affect our business, please review the management's discussion and analysis portions in our related periodic reports filed with the SEC. Now, I'll turn our attention to the fourth quarter of fiscal '19 for Copart. We are pleased with our results in booking a record fourth quarter in revenue, gross profit and operating income. Our global worldwide revenue grew 20.8% year-over-year for the fourth quarter despite unfavorable currency effects of $3.9 million or thereabouts from foreign operations, primarily due to strength in the US dollar versus the pound. Our US revenue grew at 21%, international revenue grew at 20%. Global service revenue and purchased car revenue were similar for the quarter with global service revenue growing at 20.1% and purchased car revenue growing at 25.4%, slightly outpacing service revenue. On unit sales, we grew worldwide 7.1% year-over-year with US unit growth of 7.3% and international unit growth [Technical Issues] United States our growth is driven both by our insurance customers as well as our non-insurance customers. On the matter of organic growth within the insurance world, we believe the long-term trends in favor of rising total loss frequency continues. Repairing vehicles is becoming relatively less attractive with repair costs rising from vehicle complexity and labor inflation, while at the same time totaling vehicles is becoming relatively more attractive with more buyers for these damaged cars and rising selling prices as a result [Indecipherable] few minutes. We also continue to grow our non-insurance business as well. Non-insurance volume represents north of 24% of our total US volume sold. In that non-insurance segments, we generally include franchise and independent auto dealers, finance and leasing companies, fleets, charities, equipment dealers and wholesalers. We attribute growth in non-insurance to our increased marketing, sales and operational focus and of course our auction liquidity and returns most of all. We grew global inventory for the quarter at 18.4%, with US inventory growing 19.8% and international inventory growing 9.8%. Inventory growth was driven by factors, similar to the ones that I described a moment ago for units trends. We grew gross profit from $188.4 million to $242.6 million or approximately 29% increase year-over-year. Our gross margin rate increased from 41.9% to 44.7%, an increase of 280 basis points. This is partially attributable to lapping elevated depreciation from a year ago and also partially attributable to rising average selling prices for our vehicles. International gross margins declined slightly from 28.9% to 25.5%, largely attributable to purchased car activity in Germany. I'll turn now to average selling prices within the United States for Copart auctions, which rose 8.1% year-over-year for the fourth quarter. This has been a continuation of a trend now for years, a reflection in our business of more bidders -- more international bidders and therefore improved auction liquidity as well as increasing mix of newer less damaged cars. International bidding and buying activity are in turn the reflection of our proactive marketing efforts as well as the effectiveness of our all digital auction platform VB3. The outcome is have more bids per unit and therefore superior selling prices for our customers as well. And in fact our ASPs continue to outpace meaningfully the various used car indices, such as the Manheim Used Car Price Index. As you know, rising ASPs of course then cycles back to our unit growth drivers as well with repair cost rising, but the proceeds for total loss units increasing at the same time, the total loss path becomes relatively more compelling economically. I'll turn now to our general and administrative expenditures, ex-stock comp and depreciation, G&A is down from $42.8 million a year ago to $39.8 million for the quarter. As we say almost every quarter, our G&A expenditures will fluctuate and they will generally grow over time, but we continue to believe we can achieve operating leverage, given the top line growth we've experienced. As with all trended data in our business gross margins, G&A unit sales inventory changes etc., we encourage you to review longer-dated trend lines rather than single quarter metrics for a more accurate view of the business. Our GAAP operating income grew from $134.8 million to $192.8, or 43% year-over-year. This is despite currency effect of a negative $1.1 million in comparison to the fourth quarter of 2018. Well note again that in operating income this increase reflects in part the elevated depreciation levels from a year ago. Our net interest expense was nearly flat, up from $4 million to $4.3 million, primarily due to less interest income from lower cash balances at year-end, the product in parts of our share buybacks over the course of the year. Other expense of $1.5 million was largely attributable to non-recurring losses from our share of an equity method investment. Then on taxes, our fourth quarter income tax rate of 17.9% is a reflection of a lower US federal tax rate. As we've discussed on prior calls of 21% or thereabouts, as well as onetime benefits from stock option exercises and discrete income tax items. The onetime benefit from those stock option exercises has been reflected in our non-GAAP reconciliation, which is included in our earnings release. GAAP net income then increased from $109.7 million a year ago in the fourth quarter to $153.5 million this year or an increase of approximately 40%. Our non-GAAP net income increased from [Indecipherable] or growth of 39% is again adjusted for certain excess tax deductions for stock option exercises and related payroll taxes, as well as certain legacy sales tax liability reserves. Finally, on the balance sheet and cash flow, before I turn it back to Jay. We finished the quarter with $186.3 million in cash on our books and a little north of $200 million in net debt. We generated operating cash flow for the quarter of $193 million with capex of $114.5 million, more than 90% of which was attributable to capacity expansion and lease buyouts. We continue our efforts to invest in land, to purchase and develop lands to meet both current and prospective demand for our services. With that, I'll turn it back to Jay. A. Jayson Adair -- Chief Executive Officer Thank you, Jeff. Good morning again. In this quarter, not only is the fourth quarter for fiscal 2019, but it is the last quarter of the decade and a quarter that is a milestone being 25 years since we went public. Copart went public on March 17, 1994 and I literally remember it like yesterday going into New York City for the first time. We criss-crossed back and forth bidding with investors, pitching Copart and two weeks later we were in the World Trade Center building, must have been up about 104. I know it was the highest I've ever been in the building, and I know it was the highest I'd ever felt in my life is a pretty incredible time. And they were yelling Copart on the floor, people were screaming the name out and screening a lot of other things that you wouldn't do today, times have changed a lot, but it was one of the most memorable and emotional experiences I ever had in my life. We were set. That's how I look at it. Copart now is public. We paid off our debt. We have currency to go buy companies and we IPO'ed that day at $0.50 a share. We closed that day up about 15% based on my memory, which was quite a pop in the stock. So it's quite a bit of demand for the Company. And we closed the year 25 years ago, yes, I had to look it up, because that's one thing I don't remember. We closed the year with revenues of $22.8 million as a Company and operating income for the year of $4.1 million. And we set off and we grew and we've bought companies and we've built a network and in 1996 we reserve this thing called copart.com and we weren't really sure what the Internet was, but we thought it was pretty cool. And we, from that point on, really focused on all the things we can do at Copart and Copart.com. In 1998, we launched Internet bidding. It was the first of its kind. Willis and I were in San Francisco at an auction called Butterfield and Butterfield, and we saw people sitting at a desk on the phone, raising their hand and bidding against the live auction there. And we had seen that in our business with contract buyers, but in this case, these people were on the phone with the actual end buyer's and that's really where the idea came from and we thought why couldn't we allow people to submit bids over the Internet and then we will wrap those bids at auction. It hadn't been done in the whole car world, it hadn't been done in the salvage world. It was a brand new concept. We rolled it out in August of 1998 and from March of 1994 to August of '98, the stock has tripled and we are pretty proud of our success in terms of what the Company has done in terms of growth and in terms of what we've seen in our stock price, but we really wanted to innovate. We wanted to change the way the cars were sold. In those days, it was 100% live auction. And so now we are introducing this Internet experience, but you really had to physically be at the auction to see the car and then submit the bid online. So in 1999, we started putting images online and that was another first for the industry and we've chose five. I'd like to tell you there was some kind of thought process behind it, but there is four corners on the car and an interior shot and that was it. So we put five images of every vehicle online and continued thinking about ways to improve the experience for our customers. By 2003 and clearly, we were ahead of our time in terms of really pushing toward a digital platform and toward an online platform. But by 2003, we rolled out and tested our virtual bidding technology and it was June 23, 2003 in Bakersfield, California. We chose Bakersfield because it was a smallest store [Phonetic] we had in the Company and we're going to test it, but test it in a small environment and see how it does or said it out, and what we saw in that sale is the strongest returns out of the whole year, it's a biweekly auction. So it's probably about 12 or 13 auctions so far that year and it was the highest return, we've ever seen as a Company in that location. So we had to roll another sight, we chose Syracuse, New York because it's on the other side of the country, because it was also small site and it was a completely different experience and we saw the exact same results. Within six months Copart would roll the whole Company to virtual bidding technology to VB2. It was our second generation of virtual bidding technology, hence the name. And from there we would see returns just continue to increase and they would increase -- and they would increase all the way to 2008. And anybody who lived through 2008 in the business world knows what happened next. And so after the financial crisis, Copart had a decision. What do we want to do and we chose to double down. We double down on our expansions going international, expanding into the UK and eventually Germany and Spain and Brazil and the Middle East, Canada and another -- a number of other locations that we went into or that we opened up internationally. And then we also doubled down on our marketing efforts and this was really the first time the Copart had taken an aggressive marketing stance. We started with NASCAR, with NHRA and with television SPEED Channel and ESPN2 and a number of other methods. That would evolve from that point on into a massive social media platform that we dominate today, whether it's Twitter, Facebook, YouTube. There are a number of channels where people have over 1 million followers and they talk about nothing, but Copart on their channel, buying cars, fixing cars and how they love to do business and to work with Copart, buying cars at Copart and bill [Phonetic] cars we sell them. While this was happening, technology started to go into cars at a rapid rate. The interesting thing about 2019 is today, you can buy Kia that has everything from lane assist, adaptive cruise, adaptive headlights, every single thing you'd expect on the Mercedes-Benz, except the interesting part is back in 2009 none of those things existed on Mercedes-Benz. So what we saw over the last 10 years is where the top car that you could buy in American had none of that technology and average car in America is standard with that type of technology. We saw that trend starting about five years ago and we kicked off a program called 2020. This allowed us to expand our network, expand our locations and start to get really prepared for the volume that we knew was going to be coming in. Many of you followed the Company for a long time know that we also doubled down by acquiring a bunch of the Company back doing stock repurchases, but to me what's more important is how we operated the business. We focused on the marketing efforts to build ultimate demand for the product we're selling, to have room for all the vehicles through our expansive network of locations. And if you combine those two, you achieve record ASPs, achieve record volumes, achieve -- you achieve record successes. So I'm very excited about what has happened in the last 25 years. How could I not be. For a kid that went to New York City for the first time and looked up, I couldn't believe it. I just could not believe -- couldn't believe what I saw, it was that incredible. I have never been emotional [Speech Overlap], but it was a really, really incredible experience and to be sitting here today and looking at the Company, this has gone from just over $20 billion a year in revenue -- $20 million a year in revenue to a Company that has broke to $2 billion revenue number, it's damn impressive. We have over 7,000 people that make up Copart. They were led by the best people in the world at what they do. The team that we have built over the last 25 years are amazing. That's why we've seen the kind of results we've seen. I've never seen Copart -- in all my years never seen Copart in a better position, in a better opportunity to seize the future. With Will Franklin at my side and Jeff Liaw, as our President and with the rest of the team in the 7,000 people that make up Copart, I'm enormously excited. I can't say that I'm enormously excited about what we're going to do in 2020, but I'm enormously excited about what we're going to do for the next 10 years. I was going to speak first, but Jeff was on a roll. So, I was going to turn it over to our new President. But now, I'll turn it over to questions. So with that Jonathan, if you'd open it up for questions that would be great. Questions and Answers: Operator [Operator Instructions] We'll take our first question from Bob Labick of CJS Securities. Bob Labick -- CJS Securities -- Analyst Good morning of Bob Labick from CJS. First congratulations to Jay to you and to Copart on 25 great years and then congratulations to Jeff and to Will on their new roles as well. A. Jayson Adair -- Chief Executive Officer Thank you Bob. Jeffrey Liaw -- Chief Financial Officer Thank you Bob. Bob Labick -- CJS Securities -- Analyst Excited for you guys. So one question I wanted to start with, you've said for several quarters and mentioned it -- I think you mentioned it today Jeff. I'm not 100% sure, what you've been saying it for several quarters that you've been winning share in the US, and I just was hoping you could discuss what's going on? What are you doing differently to gain the share? What are your key selling points with customers and how do you continue to show this strong growth in share gain? Jeffrey Liaw -- Chief Financial Officer A good question, Bob. And I think we generally don't comment on individual accounts. But if you look at multiple quarters, multiple years really, I think it becomes self-evident that we have grown faster than the industry overall and the reasons we think are many folds. A handful that I'll describe here, but certainly auction returns, the economic proposition we offer is first and foremost, you heard us both talk about our technology platform, member recruitment equivalent marketing and so forth, which drives superlative auction results, which ultimately drives unit volumes and account wins in our favor. We, as you know from prior calls pride ourselves on security and service as well, both in the ordinary course of business. There are a number of details that I want to drag you through, but when we talk about operational performance with our customers what that means, I think is in many fold experience with Copart and then of course we also take pride in our superior service in catastrophic events as well. So depending on where you are in storm cycles, economic cycles, etc., certainly, different customers have different priorities, but we work day and night to deliver excellent results on all those dimensions. Bob Labick -- CJS Securities -- Analyst Got it. Great. And then on the ASP side you've had obviously terrific results. I was hoping maybe you could break it down a little bit. Is it, both in terms of the insurance ASPs and non-insurance growing, or is it just a mix toward non-insurance? And if it's both are growing within insurance is it like-for-like growth, meaning if you have like a 10-year-old car with 150,000 miles, this year, are you getting a higher ASP than you did a year ago? Just any color on the ASP growth would be great? Jeffrey Liaw -- Chief Financial Officer To answer your question technically is difficult because there is no -- it is not like for like right, meaning a 10-year-old car today is not the same as a 10-year-old car a year ago and that's one of the drivers thought change. But, yes what we're describing is not just mix shift from insurance to non-insurance. It is also like for like increases and the selling prices of insurance vehicles. So I think the answer to your question is yes, they are both increases in the 10-year-old car as well as an increasing mix of newer cars within the insurance world as well. Bob Labick -- CJS Securities -- Analyst Got it. Great, thank you. And then last one quickly, I think last quarter we talked about Germany and building out the distribution kind of network within the country before flipping insurance companies. Can you talk about your latest thoughts and hurdles to getting that market to Copart style? Jeffrey Liaw -- Chief Financial Officer Certainly, I think we have continued to invest in Germany. We've experienced strong growth in both our traditional listing service business, as well as the Copart style -- Copart model auctions that we're running in Germany. We continue to invest in land member recruitment, seller sales efforts and so forth. So the progress continues there. We continue to believe the economic proposition is compelling [Technical Issues] Bob, where we got into retail, I think the story is still very much holds from there. Bob Labick -- CJS Securities -- Analyst Congratulations again on all of the things we've just discussed and thank you. A. Jayson Adair -- Chief Executive Officer Thanks Bob. Jeffrey Liaw -- Chief Financial Officer Thanks Bob. Operator Thank you. We'll take our next question from Craig Kennison of Baird. Craig Kennison -- Baird -- Analyst Hey, good morning. Thanks for taking my questions. And again congratulations on all those fronts. I wanted to ask about hurricane Dorian and in general, you're hurricane preparation this season. What have you done to prepare for Dorian and as that moves up the coast and maybe doesn't track toward Florida, but threatens other states? How has your response evolved? Jeffrey Liaw -- Chief Financial Officer Thanks, Craig. Copart started on getting experience. I would say in super storms back in 2005. Sure, we dealt with storms prior to that, but 2005 is really the eye opener. Following that would be Sandy and Harvey. And today, we've got an amazing team that is just dedicated to cat. We got land dedicated to cat and we've got equipment dedicated to cat. So I can get into all the details when we just say that's we're prepared and we're ready across the Eastern seaboard. So whether the the hurricane was going to impact Miami or whether it's going to impact New York, we've got the people, the equipment and the land in place and ready to go to serve our customers. So we're good. Craig Kennison -- Baird -- Analyst Good and thank you. And I'm assuming you have no exposure to the Bahamas? Jeffrey Liaw -- Chief Financial Officer No, none. Craig Kennison -- Baird -- Analyst Okay. And then, Jay, maybe in the spirit of long-term thinking, based on your comments, could you just talk about the sharing economy and what that means for Copart? You've got potentially a major shift in car ownership from individuals to fleets. How do you think that plays out for Copart and was that a big trend? Are you looking toward other big trends as you look at the next quarter century? A. Jayson Adair -- Chief Executive Officer Well, if we go back maybe five-ish years on these earnings calls. I remember, making a comment that I didn't believe autonomous driving was going to be at the level that everybody was predicting back in those days. And in fact, we actually -- as I said on the opening call, we doubled down on our belief and started acquiring quite a bit of Copart stock because, I think it was just a general belief at that time that volumes would shrink over time not increase. The -- I could get into all of the sharing economy and I could sum it up with a bunch of examples and analogies. But there is nothing practical about buying a Mercedes-Benz or a BMW or any luxury car. It's a personal choice. There's nothing practical about living in a large home and most of America today, while could live in a much smaller home, chooses a larger home because it's convenient and that's nice. Cars are the same way. I think your personal and while there will be some sharing involved, just like there is some Uber involved, I think for the most part when it's convenient, it's not always convenient in New York City to own [Phonetic] a car, but what's convenient in most of America to own a car, I think you'll see that. So I'm of the belief putting that aside, that we're going to see increased volume just as an industry regardless of market share wins, the Copart has had, you're going to see increased volume, because the market just going to continue to grow because the trend that's most important is technology, being put into cars, that's not going to stop. People love technology and they love additional technology going in the cars and that will cause cars to be tougher to repair 10 years from now and those vehicles will be more likely to be written off as a total loss and repaired. So I think the trend of volumes going to continue to increase. Jeffrey Liaw -- Chief Financial Officer Hey, Craig, I'm just going to jump in and add a little -- a little further, and as you might imagine, we spent a lot of energy tracking technologies changes in behavior, ride sharing and the like, because we do make long-term multiple decades investments in land and technology, etc., to support our business. So we very much need to understand it. And at the risk of being pedantic, I think I'd drag this back to the basic algebra of what drives unit volume for Copart and that is vehicle miles traveled, accident frequency and then total loss frequency and then I ask myself what is ride sharing need for each of them. Ride sharing I think for miles traveled almost certainly will drive up the number of miles on the road today. I've seen consulting studies that indicate that every mile of self-driving is replaced by 2.8 miles of ride sharing miles instead that may be bullish, but the point is that almost certainly we have reduced the friction for driving. It's easier now to drive after a couple of drinks, easier for younger or older people to get in the car as well. Vehicle miles will rise. Accident frequency, I think all else equal, I think it's likely neutral. I don't think that Uber and [Indecipherable] drivers are systematically superior drivers than the rest of us, you may be more bullish on that front than I am. And then lastly, total loss frequency Ride sharing I think I've no effect here. Total loss frequency has been the one way tailwind for the past 50 years in the business. In 1980 total loss frequency was 4% or thereabouts, today it's more than 5% [Indecipherable]. So to me, that is -- those are the individual drivers, the vehicle miles traveled and loss frequency almost certainly will continue to move in our favor, accident frequency, you'll form your own point of view as to how much of the growth in the other two is offset by accident frequency. But in the aggregate, I don't think ride sharing changes the calculus for our business. Craig Kennison -- Baird -- Analyst Great well congratulations to everybody. Thank you. A. Jayson Adair -- Chief Executive Officer Thanks Craig. Operator Thank you. We'll take our next question from Bret Jordan of Jefferies. Bret Jordan -- Jefferies -- Analyst Hey, good morning guys. Jeffrey Liaw -- Chief Financial Officer Hey Bret. A. Jayson Adair -- Chief Executive Officer Good morning. Bret Jordan -- Jefferies -- Analyst And congratulations. Jeff. The question on scrap rate, I do feel that maybe, is there an upper bound on the percentage of crash is that total -- what point the insurance companies no longer see the benefit of totaling, even if the repair cost is higher? I think we're at the high-teens now and is there a number you see that getting to in the next three to five years? Jeffrey Liaw -- Chief Financial Officer Hey, Bret in short, no. I think you mixed a few things in there that I will try to piece apart. One, you made a comment about scrap rates, which are clearly lower and more than 20% down year-over-year. We used to have that in our script every quarter. We literally didn't even include this year. So I think it's increasingly irrelevant for our business. Our cars as you know, some are sold for parts, many are sold to be rebuilt and repaired, many go overseas for both purposes and therefore the actual metal content in the car is less and less relevant for our fundamental business. Bret Jordan -- Jefferies -- Analyst Yes Jeff, my second question. I should have said total rates as opposed to scrap, that option to the total car as opposed to repair? Jeffrey Liaw -- Chief Financial Officer I think in a vacuum that question may be reasonable, which is to say, what if -- in other words, if I were to say to you hypothetically what if total crash cars -- total loss cars were to multiply by 5-fold. Will you get to the point where it doesn't make any economic sense to total anymore. All else equal, I think the answer might have been, yes. But if I told you, total loss vehicles can grow by 5-fold, while selling prices for those total cars keep rising and substantially so, then I think the problem is solved, right. If there were a finite demand, a fixed demand for that supply of vehicles I think the answer is yes. I think we have proven especially over the past three years that demand is very much not finite. With that global buyer base for rest of US and UK and Canadian cars etc., is robust and growing. Bret Jordan -- Jefferies -- Analyst Okay, great. And then a follow-up on the land of purchase. You commented in the prepared remarks and then you also commented in Germany. Could you talk about what your acreage add in '19 was and maybe what you see acreage expectations for '20 or maybe I'm sort of on a average go-forward basis? Jeffrey Liaw -- Chief Financial Officer We generally don't provide that Brett and for a multitude of reasons including that the gross number of acres is actually not all that informative, but -- because the land is not fungible. So what you have in Florida is not relevant to what you have in Texas and California and so forth. So we don't provide that level of details, I think it's almost misleading in it's precision. But I think the punch line is, we invested very meaningfully in land in fiscal 2019. We don't see that trend abating anytime soon. Bret Jordan -- Jefferies -- Analyst Okay, great. Thank you. Operator Thank you. We'll take our next question from Daniel Imbro of Stephens. Daniel Imbro -- Stephens -- Analyst Yeah. Hey, good morning guys. I add my congratulations to the list and thanks for taking my questions. What is there on the non-insurance business? I know you've talked about this in recent quarters, but your language seems to be getting more positive. And Jeff, I think you mentioned it was up to 24% of volume. Could you talk about or update us on your strategic approach to the business? I mean do you foresee that becoming a much larger portion of your volume going forward? And on the margin, where are you winning these units from? Where are they going today that you're taking the units? Thanks. Jeffrey Liaw -- Chief Financial Officer Thanks for your question, Dan. In short, I think I get that question a fair bit when I'm on the road as to whether, it will grow as a mix of our overall business. And I think what I'd tell you fundamentally, that's not really how we think about running the business. We want to grow our insurance business and we want to grow our non-insurance dealer business, equipment dealers, wholesalers that the entire universe of customers we want to grow. So whether one [Technical Issues] even a given year or 5-year period is quote outgrowing the other is less relevant to us and the fact that we want to continue to pursue and grow our business there. I think you heard me briefly allude to the economic proposition and the value proposition, we offer these sellers in the non-insurance universe. I think again, first and foremost is a massive liquid digital auction platform that will yield full and fair values to them, that hard stuff is the most important thing by far. Beyond that of course is the service and the sales force and the marketing efforts that we have under way to pursue and win those customers. I think we win that business from a multitude of different places. From the dealer world, some of those folks may well floor and sell the cars directly themselves and [Technical Issues] look to the large whole care option, others look to newer, modern digital apps C2C, B2C, B2B and otherwise, to which to dispose the vehicles. So there is no doubt, it's a competitive universe. I think our growth in the past few years is a reflection of our success in our, both our marketing efforts, but ultimately the auction platform itself and the price that yield. Daniel Imbro -- Stephens -- Analyst That's really helpful, thanks. And then touching on the you mentioned I think during your remarks, I think the inventory was up over 18% than the quarter, that's much higher than last quarter and kind of less view. I know that it can move quarter-to-quarter due to timing, but did we see anything accelerate during the quarter that led to such a strong inventory build or was that just a timing issue or a comparison issue that led to that big number? Jeffrey Liaw -- Chief Financial Officer I think the inventory growth, as you know from having followed us for a while is the best, but also still imperfect indicator of unit volume for the next quarter or two or three, is certainly is an indication of strong growth in the business and that's how I would interpret it. I would again reiterate that in looking at any of these measures, we look at multiple quarters at a time, not an individual data point that's literally one day July 31, 2019 versus July 31 2018. But nonetheless, that growth rate is not accidental, it is a reflection of both growing market volumes, account wins and growth in our business. Daniel Imbro -- Stephens -- Analyst Perfect. And then last one for me. Just touching on international growth. I think you guys mentioned it was about 6% on the unit side, again, I know it can be noisy quarter, but it is a step down from, call it four quarters in a row of double-digit growth. Is there anything that changed there? Any market there -- any -- did any specific markets weaken or soften through the quarter? Thanks. Jeffrey Liaw -- Chief Financial Officer There is no -- no particular sustained to change that -- is reflected in that number. So I'll be internally consistent and tell you in both directions that a single quarter indicator is not the best and most reliable indicator for the business. Daniel Imbro -- Stephens -- Analyst Perfect. Thanks so much best of luck guys. Jeffrey Liaw -- Chief Financial Officer Thanks Dan. Operator Thank you. We'll take our next question from Ryan Brinkman of JPMorgan Ryan Brinkman -- J. P. Morgan. -- Analyst Hi, thanks for taking my question. Just curious if you've thought about entering the portion of the dealer-to-dealer whole car market that is not physical, but entirely software related. So for example, similar to KAR Auction Services, TradeRev business or ACV Auctions. Well, I think whole car has not been a strong focus for you. I know you're technology platform is highly regarded in the industry and just wondering if maybe there is a way to leverage that an asset light way and then perhaps more generally, following on the earlier question you know if you could elaborate on which parts of the non-insurance market do you consider to be in your addressable market? Jeffrey Liaw -- Chief Financial Officer Got it. First on the all digital question, I think for us we're always exploring ways to better serve our sellers and buyers and that's certainly one of the paths that we consider and evaluate on an ongoing basis. I think I would note, there are folks who are investing very heavily quite literally losing money and spending cash in on those pathways. While we continue to generate very positive returns on our auction platform. So the overall value proposition for Copart against the backdrop of -- in some cases venture-backed businesses and so forth, continues to grow very well, meaningfully faster than the used car market overall. So I think it's a reflection, at least in part that the Copart auction platform is succeeding in that world as it is, to your second question about the addressable universe. I don't know that we'd exclude anyone. I think there are folks who are more target rich than others, but these are leasing companies, fleets, dealers, independent franchise. So I think anyone with the vehicle to sell, we consider fair game for Copart. Ryan Brinkman -- J. P. Morgan. -- Analyst Okay, great, that's very helpful, thanks. And then just my last question, I was curious if you thought that there might be any change to the competitive environment now that your primary competitor in the US, IAA is stand-alone business. There has been some speculation that they might wish to more closely emulate Copart strategy. I don't know with regard to investing in different areas, including internationally. Just curious if you have any thoughts on that? Jeffrey Liaw -- Chief Financial Officer I think almost certainly a better question for them. Ryan Brinkman -- J. P. Morgan. -- Analyst Got it. Okay, thank you very much. Jeffrey Liaw -- Chief Financial Officer Thank you. [Technical Issues] Operator Thank you. We'll take our next question from Chris Bottiglieri of Wolfe Research. Chris Bottiglieri -- Wolfe Research -- Analyst Hey guys, thanks for taking the question. Jay, I don't think I've ever heard a more cash inearnings call Is this mostly from hitting the milestones and some of the significant promotions that were up last night or is there something the business is [Indecipherable] of inflictive, but as you very impassioned is frankly looking at the fundamentals, this is the best insurance unit volume that we've seen in quite some time in exit rate, in terms of inventory growth. I was just curious like what's behind this enthusiasm? Thank you. A. Jayson Adair -- Chief Executive Officer We're doing very well right now. There is no question about that. But I felt I should at least tell some of the story of the last 25 years and I promise, not to -- to get the [Indecipherable] as the woman on coffee talk does. But when I look back in my head and think about going to New York for the first time, seeing the process and how you take the company public and watching Willis gives his feel to the investment community 10 times a day for two weeks and then to hear that Copart being yelled and screamed and sworn across the floor. I thought it was just a story that had to be told. It's something we talk about sometimes internally, but I think the investment community may not really appreciate the humble beginnings of this Company and what this Company has achieved and the people that make up this Company and how incredible they are. So it's just that -- yeah, we're doing well right now, but it's just that, I try not to get emotional sometimes, but it happens and in that case it happened. I guess may be reflecting back in my mind, Willis having a conversation with Willy Weinstein [Phonetic] and us getting ready to open up on the floor, the next thing you know they're screening Copart and there is a bottle of champagne and everybody's taking a sip at 10 o'clock in the morning or 9 o'clock in the morning, whenever the hell the Street opens up, but you know that just -- that was just such a great memory and so it's a once in a lifetime I think. And Copart over the years was viewed as -- Oh, Jezz, you guys have tripled the stock now. Oh, Jezz, you guys have have six times the stock now. And I don't know what the stock is trading at today, but at $0.50 a share, if it's [Indecipherable] bucks we've 160 times the stock and the future for me has never been brighter. I've never seen the market share gains that we are seeing right now and in the history of the Company, I've never seen the kind of volume that's coming in from a market share win and I've never seen the kind of organic growth because of the technology and cars and I've never seen us operate at such a high level in terms of delivering on the service. So that's it in the nutshell. Chris Bottiglieri -- Wolfe Research -- Analyst No, that's awesome, that's really helpful. And then I wanted to ask maybe bigger picture, long-term question. Do you think like some of this accident avoidance technology fears over blown for your industry, specifically at least near term anyway. Like I wonder if -- like the accident frequency is more prone to low-speed accidents so what's actually left that is in accident is more likely to be totaled, have you looked at that at all in terms of figuring out like that impact it has had? A. Jayson Adair -- Chief Executive Officer Let me make this two parts. Let me turn it over to Jeff after I make this comment. This will give you a -- I think a more precise response or answer to it. Will Franklin [Phonetic] coined the term risk homeostasis. And I think it makes a lot of sense and that is that if you've got auto breaking or you've got adaptive cruise or you've got lane assist and or the car literally drives itself down the road, keeping in the lane, you just got to keep your hands on the wheel, I think those are technologies that allow you to take more risk. Hence the term risk homeostasis. I think it causes people to be distracted more and in some ways, makes the car no more safe. I would as a recipient of damaged cars, I would like to see people drive safely and that at the end of the day is most important, but when you have technology on cars that allow you to be less engaged, people don't multitask well. You're either good at driving the car on you're good at not driving the car and being a passenger. But to drive the car and not fully focus on the car in front of you, the car that's in the line next year because you've got technology to this issue. I don't think it's the best idea. For me personally, I shuttle that stuff off in my cars. I go and hit all the buttons. I don't have any of that stuff working when I drive. I don't want to trying to keep me in my lane, I don't want any of that. On the flip side, when the car does get in a wreck, all that technology has to replaced, that raise the cost of repair, increases total losses. So that's my take. I'll turn to Jeff. Jeffrey Liaw -- Chief Financial Officer Chris, what I was going to add is that I think it can be true. I think, which you're alluding to is not simply the one metric measure of accident frequency, but also potentially reduce the severity as well. And I think the answer to that is yes. You could see less physical severity in an accident, so to speak. But I think by the way, if you went back and looked, so if you go back in 10-year increments and take a picture of a borderline salvaged car, total loss car, that car has changed a lot in the last 50 years. 50 years ago, the car with obliterated. It was hammered barely recognizable the vehicle. Today a car that is mildly hit from the rear or the front, can easily be totaled by virtue of the technology you just described. Accident detection and avoidance systems are effectively high value, no generic available sensors on the perimeter of a car. There is a lane departure sensors in the mirrors, the cameras and and [Indecipherable] in the front and rear bumpers, those are technologies that are expensive to repair, literally for the parts themselves as well as the skill required to install and calibrate them. So while the physical severity may decrease. I think the economic severity is unlikely to be. The cost of repair, we don't think it is going down anytime soon. And I think there is decades worth of evidence to suggest that's true. Chris Bottiglieri -- Wolfe Research -- Analyst Got you. So, that's really helpful. And thanks for the type of thoughts. Jeffrey Liaw -- Chief Financial Officer Thank you. Operator Thank you. [Operator Instructions] We'll take our next question from Derek Glynn of Consumer Edge Research. Derek Glynn -- Consumer Edge Research -- Analyst Good morning and thanks for taking my questions. I just wanted to follow up on ASPs, up 8% in the US, still a strong number, but also decelerating from prior quarters. Are there any cause or factors in particular that is causing that rate of change to be a little bit lower than prior periods? Jeffrey Liaw -- Chief Financial Officer No, not particularly. I think that ASP number is meaningfully is still growing meaningfully more than the used car market in general, meaningfully more than the ACV, or the pre-accident value, so to speak of the cars that are being consigned through us. So I don't think it's a reflection of any particular change. Derek Glynn -- Consumer Edge Research -- Analyst Okay. I understood. And then, Jay, you talked a lot about the marketing efforts of the Company historically. Just curious how you see that marketing program and message unfolding or evolving in the future, particularly as you expand further into international markets? A. Jayson Adair -- Chief Executive Officer Well, let me start with this. For 16 years, we've had data that nobody else in the industry has because every single bid goes through the Internet. We've got every single high bid, every single second high bid, what we call a push bid, every single bid on that vehicle. So we can see that what customers are looking for, it's analogous to Amazon. If you are looking at an iPhone or iPods or something of that nature on the site and you don't buy it, they know, you were looking, they know you're interested. They know that you may actually want cords [Phonetic] some other features. So we have the same ability because they look at every single vehicle and bid online, it allows us to tailor the technology toward pushing vehicles to them. In the old days, we used to say buyer comes to the yard and looks at the car and has to find it. We put it online, buyers can go online and find it, but we've taken down the travel friction. But we haven't taken down the friction of finding and now we find it for you. So if you're online, we're going to very quickly be able to tailor the types of vehicles that you're looking for and what you want. So that's one massive component. The other component I talked about already as a social media piece, we've really been able to create a buzz around the amazing product and the technology the Copart has. And so that when you think about -- you put both of those together, it allows you to create an enormous demand for the cars like Will -- like Jeff said, we're not thinking about scrap prices today, that vehicles are much different and the demand on the vehicles is much different than it was 10 years ago. So it's really change that -- from that standpoint. Then when we think internationally, these trends are happening in Germany, in the UK and other big markets that we're active in. And so we're leveraging knowledge across multiple markets, which is a wonderful thing, and different maybe then Walmart is in the US and Walmart has ASDA in the UK. I don't know if someone who buys at ASDA in the UK is going to buy something in the US. With Copart there is a cross-pollination of buyer base, where buyers that are looking at product in the UK may go online and find that Harley, they were looking for in the US and then -- and then bid on it. So there is a fair amount of that that exists across the -- I give that example, but there's a fair amount of that it exist across Polish buyers buying in the UK, become aware of Copart, start to bid in the US that kind of thing. So it's -- that's why you see so much focus from Jeff on talking about international bidding and the rest, because it's a very different game than it was 10 years ago when scrap prices mattered. Derek Glynn -- Consumer Edge Research -- Analyst Got all the commentary. Jeffrey Liaw -- Chief Financial Officer All right, thank you. Operator Thank you. At this time there are no further questions in the queue. I would like to turn the floor back over to Mr. Jay Adair for closing remarks. A. Jayson Adair -- Chief Executive Officer Okay. Thank you, Jonathan. I appreciate everybody for coming to the call. We look forward to reporting on Q1, and we'll talk to you then. Thanks so much. Bye-bye. Operator [Operator Closing Remarks]. Duration: 51 minutes Call participants: A. Jayson Adair -- Chief Executive Officer Jeffrey Liaw -- Chief Financial Officer Bob Labick -- CJS Securities -- Analyst Craig Kennison -- Baird -- Analyst Bret Jordan -- Jefferies -- Analyst Daniel Imbro -- Stephens -- Analyst Ryan Brinkman -- J. P. Morgan. -- Analyst Chris Bottiglieri -- Wolfe Research -- Analyst Derek Glynn -- Consumer Edge Research -- Analyst More CPRT analysis All earnings call transcripts 10 stocks we like better than Copart When investing geniuses David and Tom Gardner have a stock tip, it can pay to listen. After all, the newsletter they have run for over a decade, Motley Fool Stock Advisor, has quadrupled the market.* David and Tom just revealed what they believe are the ten best stocks for investors to buy right now... and Copart wasn't one of them! That's right -- they think these 10 stocks are even better buys. See the 10 stocks *Stock Advisor returns as of June 1, 2019 This article is a transcript of this conference call produced for The Motley Fool. While we strive for our Foolish Best, there may be errors, omissions, or inaccuracies in this transcript. As with all our articles, The Motley Fool does not assume any responsibility for your use of this content, and we strongly encourage you to do your own research, including listening to the call yourself and reading the company's SEC filings. Please see our Terms and Conditions for additional details, including our Obligatory Capitalized Disclaimers of Liability. Motley Fool Transcribers has no position in any of the stocks mentioned. The Motley Fool recommends Copart. The Motley Fool has a disclosure policy. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Thursday Sector Leaders: Industrial, Technology & Communications The best performing sector as of midday Thursday is the Industrial sector, higher by 2.3%. Within the sector, Copart Inc (Symbol: CPRT) and Rockwell Automation, Inc. (Symbol: ROK) are two of the day's stand-outs, showing a gain of 6.0% and 5.7%, respectively. Among industrial ETFs, one ETF following the sector is the Industrial Select Sector SPDR ETF (Symbol: XLI), which is up 1.9% on the day, and up 20.94% year-to-date. Copart Inc, meanwhile, is up 67.92% year-to-date, and Rockwell Automation, Inc. is up 7.15% year-to-date. Combined, CPRT and ROK make up approximately 1.5% of the underlying holdings of XLI. The next best performing sector is the Technology & Communications sector, higher by 2.2%. Among large Technology & Communications stocks, IPG Photonics Corp (Symbol: IPGP) and NVIDIA Corp (Symbol: NVDA) are the most notable, showing a gain of 6.4% and 5.9%, respectively. One ETF closely tracking Technology & Communications stocks is the Technology Select Sector SPDR ETF (XLK), which is up 1.9% in midday trading, and up 32.25% on a year-to-date basis. IPG Photonics Corp, meanwhile, is up 17.09% year-to-date, and NVIDIA Corp is up 34.25% year-to-date. Combined, IPGP and NVDA make up approximately 2.1% of the underlying holdings of XLK. Comparing these stocks and ETFs on a trailing twelve month basis, below is a relative stock price performance chart, with each of the symbols shown in a different color as labeled in the legend at the bottom: Here's a snapshot of how the S&P 500 components within the various sectors are faring in afternoon trading on Thursday. As you can see, eight sectors are up on the day, while one sector is down. 25 Dividend Giants Widely Held By ETFs \u00bb The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""S&P 500 Movers: CHD, IPGP In early trading on Thursday, shares of IPG Photonics topped the list of the day's best performing components of the S&P 500 index, trading up 7.9%. Year to date, IPG Photonics registers a 18.8% gain. And the worst performing S&P 500 component thus far on the day is Church & Dwight, trading down 3.0%. Church & Dwight is showing a gain of 18.3% looking at the year to date performance. Two other components making moves today are Newmont Goldcorp, trading down 2.9%, and Copart, trading up 5.3% on the day. VIDEO: S&P 500 Movers: CHD, IPGP The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Stocks That Hit 52-Week Highs On Thursday"", ""55 Stocks Moving In Thursday's Mid-Day Session"", ""Copart shares are trading higher after the company reported better-than-expected Q4 EPS and sales results."", ""Copart, Inc. (CPRT) CEO Jayson Adair on Q4 2019 Results - Earnings Call Transcript"", ""IBD Stock Of The Day: Copart Breaks Out As Salvage Car Leader 'Doubles Down' On Growth"", ""Dow Jones Rips 480 Points Higher Amid Economic Data, Trade War Optimism; 3 Growth Stocks Break Out"", ""Copart +6% due to strong margins"", ""Copart (CPRT) Q4 Earnings & Revenues Top Estimates, Up Y/Y""]"
CPRT,2019-09-06,20.175,20.58,20.1125,20.345,"[""Stocks At New Highs: Do These Four Surging Stocks Have Staying Power?"", ""Copart (CPRT) Catches Eye: Stock Jumps 6.5%"", ""86 Biggest Movers From Yesterday"", ""JP Morgan Maintains Underweight on Copart, Raises Price Target to $71"", ""Stocks That Hit 52-Week Highs On Friday"", ""Stocks That Hit 52-Week Highs On Friday"", ""JP Morgan Maintains Underweight on Copart, Raises Price Target to $71"", ""86 Biggest Movers From Yesterday"", ""Stocks At New Highs: Do These Four Surging Stocks Have Staying Power?"", ""Copart (CPRT) Catches Eye: Stock Jumps 6.5%"", ""Validea Warren Buffett Strategy Daily Upgrade Report - 9/6/2019 The following are today's upgrades for Validea's Patient Investor model based on the published strategy of Warren Buffett. This strategy seeks out firms with long-term, predictable profitability and low debt that trade at reasonable valuations. COPART, INC. (CPRT) is a large-cap growth stock in the Computer Services industry. The rating according to our strategy based on Warren Buffett changed from 86% to 93% based on the firm\u2019s underlying fundamentals and the stock\u2019s valuation. A score of 80% or above typically indicates that the strategy has some interest in the stock and a score above 90% typically indicates strong interest. Company Description: 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. The Company provides vehicle sellers with a range of services to process and sell vehicles primarily over the Internet through its virtual bidding third generation Internet auction-style sales technology (VB3). The Company's service offerings include Online Seller Access, Salvage Estimation Services, Estimating Services, End-Of-Life Vehicle Processing, Virtual Insured Exchange (VIX), Transportation Services, Vehicle Inspection Stations, On-Demand Reporting, Department of Motor Vehicle (DMV) Processing, Flexible Vehicle Processing Programs, Buy It Now, Member Network, Sales Process, Copart Dealer Services, CashForCars.com and U-Pull-It. The following table summarizes whether the stock meets each of this strategy's tests. Not all criteria in the below table receive equal weighting or are independent, but the table provides a brief overview of the strong and weak points of the security in the context of the strategy's criteria. For a full detailed analysis using NASDAQ's Guru Analysis tool, click here Since its inception, Validea's strategy based on Warren Buffett has returned 227.23% vs. 180.36% for the S&P 500. For more details on this strategy, click here About Warren Buffett: Warren Buffett is considered by many to be the greatest investor of all time. As the chairman of Berkshire Hathaway, Buffett has consistently outperformed the S&P 500 for decades, and in the process has become one of the world's richest men. (Forbes puts his net worth at $37 billion.) Despite his fortune, Buffett is known for living a modest lifestyle, by billionaire standards. His primary residence remains the gray stucco Nebraska home he purchased for $31,500 nearly 50 years ago, according to Forbes, and his folksy Midwestern manner and penchant for simple pleasures -- a cherry Coke, a good burger, and a good book are all near the top of the list -- have been well-documented. About Validea: Validea is aninvestment researchservice that follows the published strategies of investment legends. Validea offers both stock analysis and model portfolios based on gurus who have outperformed the market over the long-term, including Warren Buffett, Benjamin Graham, Peter Lynch and Martin Zweig. For more information about Validea, click here The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Stocks That Hit 52-Week Highs On Friday"", ""JP Morgan Maintains Underweight on Copart, Raises Price Target to $71"", ""86 Biggest Movers From Yesterday"", ""Stocks At New Highs: Do These Four Surging Stocks Have Staying Power?"", ""Copart (CPRT) Catches Eye: Stock Jumps 6.5%""]"
CPRT,2019-09-09,20.5025,20.8875,20.415,20.5725,"[""Stocks That Hit 52-Week Highs On Monday"", ""Stocks That Hit 52-Week Highs On Monday"", ""Stocks That Hit 52-Week Highs On Monday""]"
CPRT,2019-09-10,20.5075,20.5075,20.0595,20.24,"[""S&P 500 Breakout Stocks"", ""S&P 500 Breakout Stocks"", ""S&P 500 Breakout Stocks""]"
CPRT,2019-09-11,20.245,20.3675,20.08,20.1875,
CPRT,2019-09-12,20.39,20.495,20.095,20.22,"[""IBD 50 Stocks To Watch: Copart In Buy Zone After Strong Breakout"", ""IBD 50 Stocks To Watch: Copart In Buy Zone After Strong Breakout"", ""IBD 50 Stocks To Watch: Copart In Buy Zone After Strong Breakout""]"
CPRT,2019-09-13,20.3525,20.5025,20.1875,20.4525,"[""Dow Jones Win Streak Set To Continue, But Apple Slides Below Entry On Price Cut"", ""Top Ranked Momentum Stocks to Buy for September 13th"", ""Retail Reaches Participation Level Not Seen In 10 Months"", ""Dow Jones Win Streak Set To Continue, But Apple Slides Below Entry On Price Cut"", ""Retail Reaches Participation Level Not Seen In 10 Months"", ""Top Ranked Momentum Stocks to Buy for September 13th"", ""Dow Jones Win Streak Set To Continue, But Apple Slides Below Entry On Price Cut"", ""Retail Reaches Participation Level Not Seen In 10 Months"", ""Top Ranked Momentum Stocks to Buy for September 13th""]"
CPRT,2019-09-16,20.395,20.5575,20.3625,20.545,
CPRT,2019-09-17,20.6425,20.925,20.6425,20.86,
CPRT,2019-09-18,20.86,20.9125,20.4525,20.6425,"The 7 Best S&P 500 Stocks of 2019 So Far Stocks have had a good 2019. Through the first half of the year, the S&P 500 was on track for its best year in over two decades. To be sure, gains have been muted in the third quarter despite major indices flirting with all-time highs. But with the S&P 500 up 20% year-to-date, stocks are still having one of their best years this century. One bullish sign about this rally is that the leadership in the S&P 500 in 2019 is very diverse. That is, the individual stocks which are leading the market higher are not concentrated in one industry — rather, they are a from a broad array on sectors. That’s bullish because it shows that the market rally this year has breadth. You don’t just have one boat or one group of boats rushing ahead of the rest. Instead, the whole sea is rising here, and when the whole sea is rising, that is often a dynamic that is tough to stop. Underneath this sea of stocks are undercurrents of megatrends making their way to the surface. Investors who get in now — before the crowd has been convinced of the potential long-term worth of these companies — will . With that in mind, let’s take a look at the best stocks of 2019 so far, and see where these stocks could go next. Chipotle Mexican Grill (CMG) Source: Northfoto / Shutterstock.com Year-to-Date Gain: 85% Through September, the best performing stock in the S&P 500 is Chipotle Mexican Grill (NYSE:). Shares of the fast casual Mexican eatery have rattled off an 85% gain this year, thanks to the company’s turnaround gaining impressive momentum throughout the year. Specifically, new management has doubled down on three growth initiatives — revamping the menu with exciting new options, expanding reach by building out the digital business and re-branding the chain with a new marketing campaign. Those three growth initiatives have all worked, and Chipotle has reported hugely positive comps all year long, which has fueled the huge gains in CMG stock. Going forward, this rally could persist. After all, nothing is wrong with the Chipotle growth narrative. The turnaround is powering full steam ahead, and for the foreseeable future, the company should comp positive and report big profit growth. In theory, those strong numbers should keep CMG stock on its winning trajectory. But I’m concerned about valuation. At 60-times forward earnings, Chipotle stock is one of the most richly valued restaurant stocks I’ve ever seen — and I think upward moving fixed income yields could pressure that extended valuation in a big way. As such, while the rally in CMG stock could persist into the end of the year, I don’t think it will. Instead, I think CMG stock could give back some gains over the next few months. In sharp contrast, stocks that are can make investors money in any market. Hess (HES) Source: Shutterstock Year-to-Date Gain: 74% Through September, the second best S&P 500 stock is Hess (NYSE:). The energy company focused on crude oil and natural gas exploration and production has seen its stock rise nearly 75% in 2019 for two simple reasons. First, you have surging oil prices. WTI Crude Oil prices are up more than 25% year-to-date, thanks to improving global economic conditions firming up demand and certain one-off catalysts short-circuiting supply (such as the recent attacks in Saudi Arabia). HES stock has naturally rallied with rising oil prices. Second, Hess owns a 30% stake in a huge oilfield in Guyana that projects to be one of the most lucrative oilfields in recent memory. As this oilfield has inched close towards being operable, HES stock has moved higher. Can the rally continue? I have my doubts. The trailing price-to-sales multiple on HES stock is now at a 2019 high, while the dividend yield is at a 2019 low. Thus, the stock is richly valued by historical standards, meaning investors are pricing in higher oil prices for the foreseeable future and huge upside from the Guyana project. The latter will probably materialize. I’m unconvinced on the former, as it appears countries globally are ready to inject supply where needed to keep oil prices from rising too much. As such, while HES stock could continue to move higher from here, further gains will be reliant on oil prices moving higher. Lam Research (LRCX) Source: Shutterstock Year-to-Date Gain: 73% The third best S&P 500 stock through September is Lam Research (NASDAQ:). Shares of the semiconductor equipment giant have risen by more than 70% this year as investors have realized that the semiconductor downturn everyone was expecting in 2019, isn’t as bad as feared. That is, LRCX dropped big in late 2018 to multi-year lows and a dirt cheap valuation as investors anticipated that a global economic slowdown would kill semi equipment demand in 2018/19. It has. But the damage has been relatively muted and a recovery already appears to be underway. As such, LRCX has benefited from both multiple expansion and upward estimates revisions in 2019 — the sum of which is how Lam Research stock has rattled of a 73% YTD gain. LRCX should continue to move higher from here, albeit at a slower pace. That’s because only one of the stock’s two growth drivers will remain in play. The multiple expansion tailwind has dried up, since at 17-times forward earnings, LRCX is trading at its richest valuation in years. But the upward estimates revisions tailwind has not dried up. Global economic growth trends are improving, and as they continue to improve over the next few quarters, the semi market should continue to bounce back — which should lead to analysts upping their forward revenue and EPS estimate for LRCX. Big picture: While the best of the LRCX rally is in the rear-view mirror, this stock still has some gas left in the tank to head higher over the next few months. Copart (CPRT) Source: Shutterstock Year-to-Date Gain: 72% The fourth best S&P 500 stock through September is Copart (NYSE:). While the U.S. auto market may be having a tough time in 2019, online car auction company Copart is not. The company has rattled off three straight strong quarters in 2019. Revenue growth has accelerated higher through each of those quarters. Margins are powering higher, too. Profit growth has been robust. In other words, Copart has been firing on all cylinders in 2019, despite a weak auto market backdrop, and that divergence has helped CPRT stock soar by more than 70% this year. This rally has more firepower left. Copart has leveraged its unique value prop in the auto industry to transform into a steady 20%-plus revenue and profit grower. For that 20%-plus revenue and profit growth, CPRT stock trades at just 30-times forward earnings. That’s a fairly reasonable multiple to pay for 20% growth. So long as the U.S. economy remains healthy and continues to support 20%-plus profit growth at Copart, which it should for the foreseeable future – then CPRT stock has room to move higher. Momentum stocks, like CPRT, can be difficult to chase but the risks can be worth the rewards. And new breakthroughs are happening right under our noses — ? Western Digital (WDC) Source: Valeriya Zankovych / Shutterstock.com Year-to-Date Gain: 71% The fifth best S&P 500 stock through September is Western Digital (NASDAQ:). Owing to its broad exposure to favorable growth trends in data creation, accumulation and storage, data storage giant Western Digital has been a Wall Street favorite for a long time. In 2018, Western Digital lost Wall Street’s favor as growth turned sharply negative amid a broad data storage market slowdown. WDC stock shed more than 70%. But in 2019, there have been signs of improving conditions in the flash market, and the consensus belief is that a trough is close. As Western Digital has neared this inflection point, investors have gobbled up shares in anticipation of a big recovery in 2020. Will the rally continue? It hinges entirely on whether or not that big recovery in 2020 actually materializes. If it does, WDC stock could fly much higher — the stock is still 40% off its early 2018 highs. If it doesn’t, WDC stock could give back most of its 71% year-to-date gain. Fortunately for WDC bulls, I think the big recovery will materialize, given that global economic conditions are improving, trade tensions are easing, global business confidence is improving and fiscal stimulus is on its way to help juice economic activity. Meanwhile, major breakthroughs from little-known companies — — will shape the future. Consequently, while WDC stock is unequivocally a high-risk, high-reward play here, I think the reward part has more merit than the risk part at this point in time. KLA (KLAC) Source: Shutterstock Year-to-Date Gain: 70% The sixth best S&P 500 stock through September is KLA (NASDAQ:). Much like Lam Research, KLA is a semiconductor equipment stock which has materially outperformed in 2019 because the slowdown in the semi market hasn’t been as bad as feared and looks to be over pretty soon with sizable catalysts on the horizon, such as 5G. As such, the consensus belief is that KLA’s growth trajectory will materially improve over the next few years, and investors are gobbling up KLAC stock ahead of that big improvement. The rally continuing here will depend on how much KLA’s growth trajectory improves. At present, KLAC stock trades at 16-times forward earnings, which is a multi-year high valuation for this stock. In order to justify that above-average multiple, revenue and profit growth need to accelerate meaningfully from here. If they don’t, KLAC stock could give back a bulk of its gains. Fortunately for KLAC bulls, I think revenue and profit growth will accelerate meaningfully, as 5G and IoT tailwinds converge on improving global economic conditions in 2020 to create a robust semi-equipment spending environment. If that does happen, KLAC stock should stay in rally mode for the foreseeable future. Advanced Micro Devices (AMD) Source: Sundry Photography / Shutterstock.com Year-to-Date Gain: 68% Last on this list of best S&P 500 stocks of 2019 is Advanced Micro Devices (NASDAQ:). Shares of CPU and GPU company AMD have been red hot for a while now. In 2018, this was the S&P 500’s top stock. In 2019, it’s the seventh best performing stock. This consistent strength comes down to one thing – market share expansion. Over the past few years, AMD – a historically small and largely irrelevant player in the CPU and GPU markets – has dramatically increased its presence in the CPU and GPU markets, and as the company has, revenues and profits have marched meaningfully higher. This big growth has powered equally big gains in AMD stock. This rally should continue into 2020. At present, AMD projects to keep winning share in the CPU and GPU markets for the next several quarters. So long as the company keeps doing this, growth rates will remain robust, and investors will salivate over the long term potential. That is a winning combination which should ultimately keep AMD stock on a winning path. Thus, when it comes to AMD stock, it’s all about market share expansion. So long as this company keeps winning market share, AMD stock will stay on an uptrend. As of this writing, Luke Lango did not hold a position in any of the aforementioned securities. The post appeared first on InvestorPlace. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
CPRT,2019-09-19,20.69,20.7883,20.4975,20.5575,"10 Excellent Stocks to Watch for 2020 and Beyond It sounds and seems impossible, but we’re within sight of the end of 2019, and the beginning of 2020. The new year is only fifteen weeks away, which isn’t too soon to start thinking about restructuring stock portfolios. The economy is still in reasonably good shape, which bodes well for stocks. It would be naive to believe the coming year, however, is going to look like a year that’s about to wind down. As market conditions change and the economic growth cycle matures, different areas thrive, while others struggle. Geography can matter too. With that as the backdrop, here’s a rundown of ten stocks to watch as 2019 comes to a close and 2020 gears up. Now may not be the ideal time to step into them, but now’s when they should be added to watchlists for due diligence purposes. Notice that not all of them are high-profile names, but they’re each positioned nicely for growth … more so than most of their peers. Alphabet (GOOG, GOOGL) Source: achinthamb / Shutterstock.com It’s not a name that needs much in the way of an introduction. Alphabet (NASDAQ:, NASDAQ:GOOGL) is, of course, the parent to search engine giant Google, though the company is so much more than a search engine. Email, cloud-based platforms galore and the world’s most popular mobile device operating system all funnel people into the Google ecosystem. Yes, that sheer size has become something of a liability. The world is distrustful of one company knowing so much about each and every person who connects to the web to use a Google-provided service. Even without a clear end-goal, seem to be on a mission to declaw the company’s reach. It just doesn’t matter. Even a better-contained Google will still , each of which ultimately represents revenue. Ulta Beauty (ULTA) Source: Jonathan Weiss / Shutterstock.com It’s a misnomer to say Amazon (NASDAQ:) has put every single small brick-and-mortar retailer on its heels. Ulta Beauty (NASDAQ:), which sells skincare and hair care products as well as perfume and cosmetics via more than a thousand stores in the U.S. is doing just fine. Granted, that wasn’t the case a week ago, when the stock was standing in the shadow of its own 30%+ selloff that materialized in a matter of days. Quarterly revenue as well as earnings , and that news was made worse to contracted full-year guidance. As at the time though, “any and all slowdowns in the U.S. personal care industry over the past two decades have been small and short-lived. During that stretch, personal care sales have risen at a fairly steady 4% compounded annual growth rate, and there have never been back-to-back years of declines.” Walmart (WMT) Source: Sundry Photography / Shutterstock.com It’s another name that doesn’t need any description — add Walmart (NYSE:) to your list of stocks to watch for the coming year. There was a time not too long ago when the world’s biggest retailer didn’t necessarily deserve such acknowledgement. Its web presence was a joke (given its size), and the organization almost demonstrated a kind of contempt for its customers. The company has managed to make a near-180-degree turnaround from those dark days though. Last quarter’s , while e-commerce grew an incredible 37% year-over-year. Both extended long streaks of comparable quarterly growth. The additional reason WMT stock ranks among the best stocks to watch for 2020: Even if we should slip into a recession, the nature of Walmart’s business keeps it pretty well shielded. American Tower (AMT) Source: Pavel Kapysh / Shutterstock.com American Tower (NYSE:) isn’t exactly a household name, although it’s likely someone that lives in your household who consistently relies on the company’s service. American Tower owns a network of 171,000 cell phone towers all over the world, leasing access to them to wireless telecom service providers like Verizon Communications (NYSE:) and T-Mobile (NASDAQ:). Clearly the need for this infrastructure is never going to go away. In fact, we’re entering a period where demand for mobile device connectivity towers could explode. The advent of is that driving force. With it, wireless internet speeds are rivaling more traditional coaxial and DSL (phone line broadband) speeds, opening the door to a whole new data-centric paradigm. American Tower believes the amount of data transmitted via mobile devices will quadruple by 2023, and is preparing now to help wireless service providers meet the need. Copart (CPRT) Source: Shutterstock Copart (NASDAQ:) is another name that may not be terribly familiar to most investors, but is one of the top stocks to watch as we move into what will likely turn out to be the latter stages of an economic growth cycle. Copart, in simplest terms, is an . It sells wrecked vehicles — some more wrecked than others — to repair shops that need a lot of parts for a particular model of vehicle, or it sells these damaged vehicles to individuals looking for a fixer-upper project. It’s a resilient business, with the company able to drive reasonably steady sales and earnings growth regardless of the auto market environment. Neither the 2008 lull nor the move into the 2015 frenzy that became known as “peak auto” appears to have made much of an impact on the company’s . In other words, CPRT stock is a nice all-weather play. Square (SQ) Source: Jonathan Weiss / Shutterstock.com Paypal Holdings (NASDAQ:) may have become the dominant name in the business first, but Square (NYSE:) is coming on strong now. In June, Instinet analysts Dan Dolev and Conan Leon believe, Square’s so-called Cash App was downloaded more than PayPal’s comparable app. It’s only anecdotal evidence that suggests Paypal’s best days are behind it while Square’s best days are ahead. Nevertheless, it’s a powerful, telling data nugget that points to a bigger trend. Raw numbers tell the rest of the story. As the idea of a cashless society continues to gain acceptance, analysts are looking for Square to grow its top line by 43% this year, driving a 64% increase in per-share profits. Next year’s 34% revenue growth is forecasted to improve net income to the tune of 44%. That’s apt to happen regardless of the condition of the economy at the time. EXACT Sciences (EXAS) Source: Shutterstock Speaking of companies that shouldn’t be impacted by economic turbulence, add EXACT Sciences (NASDAQ:) to your list of stocks to watch for 2020. You may know the company better than you think you know it, if the name doesn’t ring a bell. EXACT Sciences is the developer of the at-home , which was well-touted through the use of television advertising after its 2014 approval. That’s not all the company does, but it’s certainly the current claim to fame. That being said, the organization’s pipeline and diagnostic know-how is about to expand in a big way. In July, EXACT Sciences announced its Genomic Health (NASDAQ:), which will dovetail nicely into the DNA-based diagnostics work the company was already doing. Waste Management (WM) Source: Shutterstock As the old adage goes, there’s nothing certain in life but death and taxes. The statement isn’t entirely accurate though. In addition to death and taxes, as long as humans walk the face of the earth, they’ll be producing garbage and paying someone to haul it away for them. Enter Waste Management (NYSE:) … a long-established landfill and garbage truck operator that has also embraced the more modern concept of turning trash into treasure. That is to say, Waste Management has gotten serious about converting landfill gas into energy, annually collecting enough methane to produce 4.5 million megawatt-hours worth of electricity. Perhaps more important, the company has the “steady-Eddie” results to make it a solid buy for an unclear future. Through the top line ebbs and flows, it bigger and better than ever. Microsoft (MSFT) Source: gguy / Shutterstock.com There was a time in the increasingly distant past when Microsoft (NASDAQ:) wasn’t fully prepared for the modern era of computing. Cloud-based everything is the new norm, and the advent of mobile/wireless connectivity has opened the door to a whole new kind of cybersecurity need. Indeed, the internet is now the centerpiece of how most businesses operate. CEO Satya Nadella had his finger on the pulse of the future when he took the helm in 2014, ramping up the company’s presence in the all-important cloud market. Its Azure platform has become a wildly popular means for companies to manage their cloud, with , while business people and enterprise-level users love the fact that they can access their productivity programs like Word and Excel online, in any web browser. The shift has been a win for Microsoft as well though. All of these new cloud-based offerings? They drive recurring, subscription-based revenue, allowing the company to know what the short-term and long-term top line will look like. Church & Dwight (CHD) Source: Finally, add Church & Dwight (NYSE:) to your list of stocks to watch for 2020. It’s in the same vein as Procter & Gamble (NYSE:) and Unilever (NYSE:), although not nearly as big as either of those more familiar players. That’s not necessarily a problem though. Indeed, it seems as if the massive size that once allowed the likes of P&G to be a powerhouse has since become something of a liability. To that end, like Arm & Hammer, Oxi-Clean, Orajel, Nair and others are small enough to let them be the alternative to the most recognizable products in each major consumer goods category … big brand names consumers are increasingly shunning, even if just on principle. The company’s got the proof that being smaller works. In only one quarter since 2006 has Church & Dwight failed to on a year-over-year basis. The pros are calling for revenue growth of more than 5% this year and next year as well. As of this writing, James Brumley held a long position in Alphabet. You can learn more about him at his website , or follow him on Twitter, at @jbrumley. The post appeared first on InvestorPlace. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
CPRT,2019-09-20,20.5325,20.825,20.5,20.645,"[""Why Copart (CPRT) Stock Might be a Great Pick"", ""Swing Trading Captured Quick Profit On Copart Stock After Earnings"", ""Swing Trading Captured Quick Profit On Copart Stock After Earnings"", ""Why Copart (CPRT) Stock Might be a Great Pick"", ""Swing Trading Captured Quick Profit On Copart Stock After Earnings"", ""Why Copart (CPRT) Stock Might be a Great Pick""]"
CPRT,2019-09-23,20.645,20.8188,20.3775,20.4488,"[""AutoZone Stock Bases Ahead Of Earnings; Advance Auto Surges"", ""These Are The 10 Best Stocks To Own In The Fall"", ""AutoZone Stock Bases Ahead Of Earnings; Advance Auto Surges"", ""These Are The 10 Best Stocks To Own In The Fall"", ""AutoZone Stock Bases Ahead Of Earnings; Advance Auto Surges"", ""These Are The 10 Best Stocks To Own In The Fall""]"
CPRT,2019-09-24,20.545,20.5925,20.3675,20.4225,
CPRT,2019-09-25,20.4025,20.505,20.1225,20.26,
CPRT,2019-09-26,20.29,20.345,20.0525,20.2275,
CPRT,2019-09-27,20.2425,20.2675,19.825,19.9275,
CPRT,2019-09-30,19.9275,20.1175,19.895,20.0825,
CPRT,2019-10-01,20.0825,20.265,19.875,19.8825,
CPRT,2019-10-02,19.835,19.835,19.21,19.3575,"[""First Week of CPRT May 2020 Options Trading Investors in Copart Inc (Symbol: CPRT) saw new options begin trading this week, for the May 2020 expiration. One of the key inputs that goes into the price an option buyer is willing to pay, is the time value, so with 226 days until expiration the newly trading contracts represent a possible opportunity for sellers of puts or calls to achieve a higher premium than would be available for the contracts with a closer expiration. At Stock Options Channel, our YieldBoost formula has looked up and down the CPRT options chain for the new May 2020 contracts and identified one put and one call contract of particular interest. The put contract at the $75.00 strike price has a current bid of $4.60. If an investor was to sell-to-open that put contract, they are committing to purchase the stock at $75.00, but will also collect the premium, putting the cost basis of the shares at $70.40 (before broker commissions). To an investor already interested in purchasing shares of CPRT, that could represent an attractive alternative to paying $78.09/share today. Because the $75.00 strike represents an approximate 4% discount to the current trading price of the stock (in other words it is out-of-the-money by that percentage), there is also the possibility that the put contract would expire worthless. The current analytical data (including greeks and implied greeks) suggest the current odds of that happening are 63%. Stock Options Channel will track those odds over time to see how they change, publishing a chart of those numbers on our website under the contract detail page for this contract. Should the contract expire worthless, the premium would represent a 6.13% return on the cash commitment, or 9.91% annualized \u2014 at Stock Options Channel we call this the YieldBoost. Below is a chart showing the trailing twelve month trading history for Copart Inc, and highlighting in green where the $75.00 strike is located relative to that history: Turning to the calls side of the option chain, the call contract at the $80.00 strike price has a current bid of $5.90. If an investor was to purchase shares of CPRT stock at the current price level of $78.09/share, and then sell-to-open that call contract as a \""covered call,\"" they are committing to sell the stock at $80.00. Considering the call seller will also collect the premium, that would drive a total return (excluding dividends, if any) of 10.00% if the stock gets called away at the May 2020 expiration (before broker commissions). Of course, a lot of upside could potentially be left on the table if CPRT shares really soar, which is why looking at the trailing twelve month trading history for Copart Inc, as well as studying the business fundamentals becomes important. Below is a chart showing CPRT's trailing twelve month trading history, with the $80.00 strike highlighted in red: Considering the fact that the $80.00 strike represents an approximate 2% premium to the current trading price of the stock (in other words it is out-of-the-money by that percentage), there is also the possibility that the covered call contract would expire worthless, in which case the investor would keep both their shares of stock and the premium collected. The current analytical data (including greeks and implied greeks) suggest the current odds of that happening are 48%. On our website under the contract detail page for this contract, Stock Options Channel will track those odds over time to see how they change and publish a chart of those numbers (the trading history of the option contract will also be charted). Should the covered call contract expire worthless, the premium would represent a 7.56% boost of extra return to the investor, or 12.20% annualized, which we refer to as the YieldBoost. The implied volatility in the put contract example is 28%, while the implied volatility in the call contract example is 27%. Meanwhile, we calculate the actual trailing twelve month volatility (considering the last 251 trading day closing values as well as today's price of $78.09) to be 26%. For more put and call options contract ideas worth looking at, visit StockOptionsChannel.com. Top YieldBoost Calls of the S&P 500 \u00bb The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Here are the stocks that have soared and sunk the most in 2019 Here\u2019s a review of the winners and losers on multiple indexes, including the small-cap and midcap categories Here\u2019s a review of winners and losers for multiple indexes, including small-cap and mid-cap.""]"
CPRT,2019-10-03,19.3225,19.815,19.0875,19.805,"[""Stocks Reverse Higher Amid Signs Of At Least A Temporary Bottom"", ""Stocks Reverse Higher Amid Signs Of At Least A Temporary Bottom"", ""Copart's Management Addresses a Future Risk Among automobile industry investments, shares of online vehicle auction behemoth Copart (NASDAQ: CPRT) are notable for having soared nearly 400% over the last five years as the company has expanded globally and improved its auction platform to attract a wider range of sellers and bidders for salvage and used vehicles. In this midst of this success, now seems an opportune time to assess new risks that might impair the company's business model over the next several years. During Copart's fiscal fourth-quarter earnings conference call last month, an analyst asked for management's perspective on the rise of car-sharing, and the potential for a reduction in individual vehicle ownership as car fleets tied to ride-hailing businesses grow more prevalent. The question addressed the risk that declining car ownership could translate to fewer vehicles available for auction. CEO Jay Adair offered the insight that automobile ownership doesn't rest on practical considerations alone. Adair pointed out that at least in America, car owners choose vehicles for reasons extending past utility. We buy cars even where mass transportation is readily available. Many purchasers opt for new vehicles replete with the latest technology when a used, utilitarian car might do. Adair also cited brand attachment as a purchase factor: \""[T]here is nothing practical about buying a Mercedes-Benz or a BMW or any luxury car. It's a personal choice.\"" Adair's point is that the appearance of ride-hailing services may increase, rather than decrease, the number of vehicles on the road. I find this reasoning persuasive. Classical economic theory assumes that consumers nearly always make rational choices that benefit their finances over the long term. Yet as Adair argues, consumption is often personal, and non-exclusive. You can be an avid user of Uber and still overspend on a luxury vehicle. Those who predict that we'll ditch personal car ownership once car-sharing options are ubiquitous may be overrelying on textbook interpretations of supply and demand. Image source: Getty Images. Adair also posited that the rising proportion of technology in cars will make them much more difficult to repair in roughly 10 years, increasing the likelihood that a damaged vehicle will be written off as a total loss. This should actually benefit Copart's business model, which gleans the lion's share of its revenue from the auctioning of salvage vehicles. CFO Jeff Liaw in turn provided his perspective on the potential risks of car-sharing to Copart's business. Liaw relayed that the company seeks to understand how car-sharing will affect vehicle miles traveled, the frequency of accidents, and total loss frequency in the industry. On the first two effects, Liaw stated the following: Ride-sharing I think for miles traveled almost certainly will drive up the number of miles on the road today. I've seen consulting studies that indicate that every mile of self-driving is replaced by 2.8 miles of ride-sharing miles -- [that] may be bullish, but the point is that almost certainly we have reduced the friction for driving. It's easier now to drive after a couple of drinks, easier for younger or older people to get in the car as well. Vehicle miles will rise. Accident frequency, I think all else equal, I think it's likely neutral. I don't think that Uber and [Lyft] drivers are systematically superior drivers than the rest of us, you may be more bullish on that front than I am. On the third effect, Liaw believes that loss frequency, which he describes as a long-term tailwind in the auction industry, will continue to remain at roughly 5%, having increased from 4% over the last several decades. The implication is that as long as 5% of vehicles on the road suffer a total loss annually in the foreseeable future, Copart's core damaged and salvaged vehicle market will remain robust. A greater proportion of shared vehicles and even an increase in autonomous fleets may not change this percentage appreciably. Ultimately, Copart sees enormous market share that can still be captured over the next few decades, and doesn't appear threatened at this juncture by disruptive evolution in the automobile industry. Management acknowledges the coming sea change in vehicle utility, but believes Copart's basic economic model of selling trashed vehicles globally via online auction will emerge unscathed. 10 stocks we like better than Copart When investing geniuses David and Tom Gardner have a stock tip, it can pay to listen. After all, the newsletter they have run for over a decade, Motley Fool Stock Advisor, has quadrupled the market.* David and Tom just revealed what they believe are the ten best stocks for investors to buy right now... and Copart wasn't one of them! That's right -- they think these 10 stocks are even better buys. See the 10 stocks *Stock Advisor returns as of June 1, 2019 Asit Sharma has no position in any of the stocks mentioned. The Motley Fool recommends Copart and Uber Technologies. The Motley Fool has a disclosure policy. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Stocks Reverse Higher Amid Signs Of At Least A Temporary Bottom""]"
CPRT,2019-10-04,19.9425,20.1875,19.8675,19.9975,"[""Dow Jones Surges 711 Points From Thursday Low; Why Cisco Stock Could Fall Further"", ""How To Spot Great Stocks: In A Stock Market Correction, The Tigers Crouch Like This"", ""Dow Jones Surges 711 Points From Thursday Low; Why Cisco Stock Could Fall Further"", ""How To Spot Great Stocks: In A Stock Market Correction, The Tigers Crouch Like This"", ""Dow Jones Surges 711 Points From Thursday Low; Why Cisco Stock Could Fall Further"", ""How To Spot Great Stocks: In A Stock Market Correction, The Tigers Crouch Like This""]"
CPRT,2019-10-07,19.89,20.0538,19.855,19.94,
CPRT,2019-10-08,19.835,20.21,19.7275,20.0375,
CPRT,2019-10-09,20.1625,20.1925,19.5175,20.12,"[""Northwest Bancshares, Inc. Buys Las Vegas Sands Corp, DuPont de Nemours Inc, Lear Corp, Sells ..."", ""Northwest Bancshares, Inc. Buys Las Vegas Sands Corp, DuPont de Nemours Inc, Lear Corp, Sells ..."", ""Northwest Bancshares, Inc. Buys Las Vegas Sands Corp, DuPont de Nemours Inc, Lear Corp, Sells ...""]"
CPRT,2019-10-10,20.16,20.435,20.1,20.2638,"[""Stocks For You To Swing-Trade: CPRT, RTN, UNP"", ""Inside The IBD 50: These Highflying Stocks Find Support At 50-Day Line"", ""Inside The IBD 50: These Highflying Stocks Find Support At 50-Day Line"", ""Stocks For You To Swing-Trade: CPRT, RTN, UNP"", ""Inside The IBD 50: These Highflying Stocks Find Support At 50-Day Line"", ""Stocks For You To Swing-Trade: CPRT, RTN, UNP""]"
CPRT,2019-10-11,20.4625,20.7025,20.3375,20.3425,
CPRT,2019-10-14,20.3475,20.515,20.33,20.42,"[""Copart: A Winner In Auto-Retail"", ""'Fast Money Halftime Report' Picks From October 14"", ""'Fast Money Halftime Report' Picks From October 14"", ""Copart: A Winner In Auto-Retail"", ""Copart Proves Salvaging Vehicles Is Big Business In 2017, Hurricane Harvey dumped as much as 60 inches of rain in Southeast Texas, flooding homes, schools, businesses, and autos. The Insurance Council of Texas estimated at least $4.75 billion was paid out to insured owners who collectively lost more than 250,000 private passenger and commercial vehicles in the flooding. And this is just one event. In 2005, Hurricane Katrina and two other storms damaged some 571,000 vehicles along the Gulf Coast and in Florida. Flooding is the biggest cause of vehicle damage reported to insurers after storms like these, according to Roger Morris, spokesman for the National Insurance Crime Bureau. Add to this the number of wrecked and totaled vehicles that insurers declare as a total loss each year, and the numbers become overwhelming. Image source: Getty Images What to do with all of these unusable vehicles? Once the water recedes, the insurance pays out, or the wrecker tows them away, California-based Copart, Inc. (NASDAQ: CPRT) is the next link in the chain. Recycling: It's not just for plastics Copart helps insurance and rental car companies, local municipalities, financial institutions, and charities sell over two million salvage vehicles over the internet through online car auctions and vehicle remarketing services. Dismantlers, body shops, salvage buyers, dealers, and individual consumers are able to buy these vehicles from Copart's 200 locations in 11 countries, including over 170 across 47 U.S. states and another eight in Canada. Copart's network enables the sale of these totaled vehicles in foreign markets where they can be repaired at lower costs due to less regulatory requirements. Impervious to most market cycles Because demand for this specific sort of recycling is continuous, the salvage business is not significantly impacted by economic cycles. Natural disasters will continue their random paths of destruction and auto makers continue to add costly technology-enabled features even in their baseline models. The latter fact means a higher number of cars are more likely to be totaled than repaired. And even as car manufacturers include more safety features on board, their efforts are often circumvented by distracted drivers using their smartphones, who account for 25% of all car crashes. Copart's market is both international and domestic. The company states that approximately 20% of the salvage vehicles it acquires are sold to non-US buyers who are more likely to purchase higher-priced cars \u2013 a figure it has documented over the past 12 years of growing its business internationally. Demand + tech = solid company growth In order to meet this ever-growing demand from car buyers and sellers, Copart says it's \""doubling down\"" on storage capacity expansion, and it has continued to iterate on its technology-based model since launching as a members-only website in 1996. Copart launched online bidding in the industry back in 1998, pioneered online vehicle images in 1999, and introduced real-time virtual bidding in 2001. The company's financials demonstrate an increased demand for its vehicle remarketing services and the higher average selling prices it's been able to get from those international online bidders. Total revenue continues to climb, exceeding $2 billion in July of this year, which represents a near doubling since 2015. And Copart is keeping more of what it makes, compared to others in its industry. Copart's trailing twelve month (TTM) gross profit margin is 45.58%, which is 57.2% higher than the sector median of 29%. Its year over year revenue growth of 13.1%, healthy $646.7 million in cash from operations, and 23.23% return on total assets (all TTM figures) underscore the profitability of this solid company. Copart's stock price has increased 55.7% ($28.45) over the past 12 months and 400.7% ($63.67) over the past five years \u2013 far better returns than the S&P 500's respective 17.9% and 50.95% increases over those same periods. Copart's future looks solid as well. Analysts expect an annual earnings per share (EPS) growth rate of almost 12% in 2020. Next expected earnings date for this profitable growth company is November 19, 2019. 10 stocks we like better than Copart When investing geniuses David and Tom Gardner have a stock tip, it can pay to listen. After all, the newsletter they have run for over a decade, Motley Fool Stock Advisor, has quadrupled the market.* David and Tom just revealed what they believe are the ten best stocks for investors to buy right now... and Copart wasn't one of them! That's right -- they think these 10 stocks are even better buys. See the 10 stocks *Stock Advisor returns as of June 1, 2019 Jan Johnson owns shares of Copart. The Motley Fool recommends Copart. The Motley Fool has a disclosure policy. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""'Fast Money Halftime Report' Picks From October 14"", ""Copart: A Winner In Auto-Retail""]"
CPRT,2019-10-15,20.4875,20.62,20.3762,20.435,"[""Cim, Llc Buys Progressive Corp, Biogen Inc, Copart Inc, Sells PayPal Holdings Inc, iShares ..."", ""Cim, Llc Buys Progressive Corp, Biogen Inc, Copart Inc, Sells PayPal Holdings Inc, iShares ..."", ""Cim, Llc Buys Progressive Corp, Biogen Inc, Copart Inc, Sells PayPal Holdings Inc, iShares ...""]"
CPRT,2019-10-16,20.43,20.43,20.165,20.345,"[""Navellier & Associates Inc Buys First Trust NASDAQ-\u2013\u2026\u2026 Technology Sector Index Fd, ..."", ""Navellier & Associates Inc Buys First Trust NASDAQ-\u2013\u2026\u2026 Technology Sector Index Fd, ..."", ""Navellier & Associates Inc Buys First Trust NASDAQ-\u2013\u2026\u2026 Technology Sector Index Fd, ...""]"
CPRT,2019-10-17,20.48,20.5075,20.2288,20.255,
CPRT,2019-10-18,20.36,20.6075,20.2475,20.58,"[""How To Research Growth Stocks: Why Sales Growth May Be Even More Critical Than Earnings"", ""Guggenheim Upgrades Copart to Buy"", ""Benzinga's Top Upgrades, Downgrades For October 18, 2019"", ""Benzinga's Top Upgrades, Downgrades For October 18, 2019"", ""Guggenheim Upgrades Copart to Buy"", ""How To Research Growth Stocks: Why Sales Growth May Be Even More Critical Than Earnings"", ""Benzinga's Top Upgrades, Downgrades For October 18, 2019"", ""Guggenheim Upgrades Copart to Buy"", ""How To Research Growth Stocks: Why Sales Growth May Be Even More Critical Than Earnings""]"
CPRT,2019-10-21,20.625,21.0825,20.625,20.905,"[""Adobe, Microsoft And More 'Fast Money Halftime Report' Picks From October 21"", ""Adobe, Microsoft And More 'Fast Money Halftime Report' Picks From October 21"", ""Adobe, Microsoft And More 'Fast Money Halftime Report' Picks From October 21""]"
CPRT,2019-10-22,20.7825,21.225,20.765,20.7825,"Invesco FTSE RAFI US 1500 Small-Mid ETF Experiences Big Outflow Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, one standout is the Invesco FTSE RAFI US 1500 Small-Mid ETF (Symbol: PRFZ) where we have detected an approximate $90.3 million dollar outflow -- that's a 4.6% decrease week over week (from 15,350,000 to 14,650,000). Among the largest underlying components of PRFZ, in trading today Generac Holdings Inc (Symbol: GNRC) is off about 0.1%, Copart Inc (Symbol: CPRT) is up about 0.9%, and Universal Forest Products Inc. (Symbol: UFPI) is higher by about 0.6%. For a complete list of holdings, visit the PRFZ Holdings page » The chart below shows the one year price performance of PRFZ, versus its 200 day moving average: Looking at the chart above, PRFZ's low point in its 52 week range is $107.07 per share, with $134.176 as the 52 week high point — that compares with a last trade of $129.04. Comparing the most recent share price to the 200 day moving average can also be a useful technical analysis technique -- learn more about the 200 day moving average ». Exchange traded funds (ETFs) trade just like stocks, but instead of ''shares'' investors are actually buying and selling ''units''. These ''units'' can be traded back and forth just like stocks, but can also be created or destroyed to accommodate investor demand. Each week we monitor the week-over-week change in shares outstanding data, to keep a lookout for those ETFs experiencing notable inflows (many new units created) or outflows (many old units destroyed). Creation of new units will mean the underlying holdings of the ETF need to be purchased, while destruction of units involves selling underlying holdings, so large flows can also impact the individual components held within ETFs. Click here to find out which 9 other ETFs experienced notable outflows » The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
CPRT,2019-10-23,20.6975,20.8025,20.535,20.76,
CPRT,2019-10-24,20.8725,21.18,20.8025,21.1575,
CPRT,2019-10-25,21.175,21.275,20.94,20.985,"[""Stocks That Hit 52-Week Highs On Friday"", ""Stocks That Hit 52-Week Highs On Friday"", ""CPRT Crosses Above Average Analyst Target In recent trading, shares of Copart Inc (Symbol: CPRT) have crossed above the average analyst 12-month target price of $83.67, changing hands for $84.63/share. When a stock reaches the target an analyst has set, the analyst logically has two ways to react: downgrade on valuation, or, re-adjust their target price to a higher level. Analyst reaction may also depend on the fundamental business developments that may be responsible for driving the stock price higher \u2014 if things are looking up for the company, perhaps it is time for that target price to be raised. There are 6 different analyst targets contributing to that average for Copart Inc, but the average is just that \u2014 a mathematical average. There are analysts with lower targets than the average, including one looking for a price of $71.00. And then on the other side of the spectrum one analyst has a target as high as $93.00. The standard deviation is $8.238. But the whole reason to look at the average CPRT price target in the first place is to tap into a \""wisdom of crowds\"" effort, putting together the contributions of all the individual minds who contributed to the ultimate number, as opposed to what just one particular expert believes. And so with CPRT crossing above that average target price of $83.67/share, investors in CPRT have been given a good signal to spend fresh time assessing the company and deciding for themselves: is $83.67 just one stop on the way to an even higher target, or has the valuation gotten stretched to the point where it is time to think about taking some chips off the table? Below is a table showing the current thinking of the analysts that cover Copart Inc: The average rating presented in the last row of the above table above is from 1 to 5 where 1 is Strong Buy and 5 is Strong Sell. This article used data provided by Zacks Investment Research via Quandl.com. Get the latest Zacks research report on CPRT \u2014 FREE. 10 ETFs With Most Upside To Analyst Targets \u00bb The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Stocks That Hit 52-Week Highs On Friday""]"
CPRT,2019-10-28,21.06,21.16,20.9775,20.995,"[""Procter & Gamble, Hasbro, Copart, Lululemon and KeySight Technologies highlighted as Zacks Bull and Bear of the Day"", ""Procter & Gamble, Hasbro, Copart, Lululemon and KeySight Technologies highlighted as Zacks Bull and Bear of the Day"", ""Procter & Gamble, Hasbro, Copart, Lululemon and KeySight Technologies highlighted as Zacks Bull and Bear of the Day""]"
CPRT,2019-10-29,20.9375,21.3275,20.9025,21.17,"[""12 Stocks With The Highest Returns On Assets"", ""12 Stocks With The Highest Returns On Assets"", ""12 Stocks With The Highest Returns On Assets""]"
CPRT,2019-10-30,21.17,21.17,20.9725,21.0,"[""Six Scorching Hot Stocks to Buy"", ""Six Scorching Hot Stocks to Buy"", ""Six Scorching Hot Stocks to Buy""]"
CPRT,2019-10-31,20.9625,21.1,20.605,20.66,"[""Large-Cap Growth Stocks And Market Leaders Share This Key Message In Q4"", ""Large-Cap Growth Stocks And Market Leaders Share This Key Message In Q4"", ""Large-Cap Growth Stocks And Market Leaders Share This Key Message In Q4""]"
CPRT,2019-11-01,20.815,20.975,20.605,20.7275,"[""Guess Which Stocks' Gains Of 100% To 300% Have Boosted This Mutual Fund"", ""Guess Which Stocks' Gains Of 100% To 300% Have Boosted This Mutual Fund"", ""Guess Which Stocks' Gains Of 100% To 300% Have Boosted This Mutual Fund""]"
CPRT,2019-11-04,20.8575,21.0475,20.4962,20.535,"[""5 Business Service Stocks to Buy on Solid Job Additions"", ""5 Business Service Stocks to Buy on Solid Job Additions"", ""5 Business Service Stocks to Buy on Solid Job Additions""]"
CPRT,2019-11-05,20.535,20.67,20.39,20.5625,"[""Trade Optimism Powers Wall Street to Record High: 5 Winners"", ""Trade Optimism Powers Wall Street to Record High: 5 Winners"", ""Trade Optimism Powers Wall Street to Record High: 5 Winners""]"
CPRT,2019-11-06,20.62,20.62,20.1775,20.465,"[""Tiger Legatus Capital Management, LLC Buys Zynga Inc, Yandex NV, Salesforce. ..."", ""Tiger Legatus Capital Management, LLC Buys Zynga Inc, Yandex NV, Salesforce. ..."", ""Tiger Legatus Capital Management, LLC Buys Zynga Inc, Yandex NV, Salesforce. ...""]"
CPRT,2019-11-07,20.5075,20.56,20.325,20.405,
CPRT,2019-11-08,20.4,20.535,20.33,20.365,
CPRT,2019-11-11,20.3025,20.75,20.275,20.7425,"[""Dow Jones Gets Boeing Boost; These 5 Growth Stocks Spank S&P 500, Nasdaq"", ""Dow Jones Gets Boeing Boost; These 5 Growth Stocks Spank S&P 500, Nasdaq"", ""Monday Sector Leaders: Services, Industrial Looking at the sectors faring best as of midday Monday, shares of Services companies are outperforming other sectors, higher by 0.2%. Within that group, Walgreens Boots Alliance Inc (Symbol: WBA) and NVR Inc. (Symbol: NVR) are two large stocks leading the way, showing a gain of 5.7% and 4.1%, respectively. Among the largest ETFs, one ETF closely following services stocks is the iShares U.S. Consumer Services ETF (Symbol: IYC), which is flat on the day on the day, and up 23.33% year-to-date. Walgreens Boots Alliance Inc, meanwhile, is down 6.37% year-to-date, and NVR Inc. is up 46.22% year-to-date. WBA makes up approximately 1.5% of the underlying holdings of IYC. The next best performing sector is the Industrial sector, not showing much of a loss. Among large Industrial stocks, Boeing Co. (Symbol: BA) and Copart Inc (Symbol: CPRT) are the most notable, showing a gain of 4.9% and 1.6%, respectively. One ETF closely tracking Industrial stocks is the Industrial Select Sector SPDR ETF (XLI), which is up 0.1% in midday trading, and up 28.96% on a year-to-date basis. Boeing Co. , meanwhile, is up 16.76% year-to-date, and Copart Inc is up 73.29% year-to-date. Combined, BA and CPRT make up approximately 9.3% of the underlying holdings of XLI. Comparing these stocks and ETFs on a trailing twelve month basis, below is a relative stock price performance chart, with each of the symbols shown in a different color as labeled in the legend at the bottom: Here's a snapshot of how the S&P 500 components within the various sectors are faring in afternoon trading on Monday. As you can see, one sector is up on the day, while seven sectors are down. 25 Dividend Giants Widely Held By ETFs \u00bb The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Dow Jones Gets Boeing Boost; These 5 Growth Stocks Spank S&P 500, Nasdaq""]"
CPRT,2019-11-12,20.7525,20.8425,20.525,20.575,"[""Rbo & Co Llc Buys Copart Inc, Sells Laboratory Corp of America Holdings, Oritani Financial ..."", ""Top-Ranked Salvaged-Vehicle Auctioneer Copart Finds Critical Support"", ""Rbo & Co Llc Buys Copart Inc, Sells Laboratory Corp of America Holdings, Oritani Financial ..."", ""Top-Ranked Salvaged-Vehicle Auctioneer Copart Finds Critical Support"", ""Rbo & Co Llc Buys Copart Inc, Sells Laboratory Corp of America Holdings, Oritani Financial ..."", ""Top-Ranked Salvaged-Vehicle Auctioneer Copart Finds Critical Support""]"
CPRT,2019-11-13,20.475,20.975,20.415,20.9,"[""Dixon Hubard Feinour & Brown Inc Buys Comcast Corp, Dunkin' Brands Group Inc, Copart Inc, ..."", ""Dixon Hubard Feinour & Brown Inc Buys Comcast Corp, Dunkin' Brands Group Inc, Copart Inc, ..."", ""Dixon Hubard Feinour & Brown Inc Buys Comcast Corp, Dunkin' Brands Group Inc, Copart Inc, ..."", ""Sales winners in the third quarter include Netflix, Autodesk and PayPal Plenty of companies have produced double-digit sales increases and wider profit margins during an otherwise dismal earnings season Plenty of companies have produced double-digit sales increases and wider margins during an otherwise dismal earnings season.""]"
CPRT,2019-11-14,20.8575,21.465,20.8575,21.455,"[""10 Best Performing Stocks of S&P 500 ETF"", ""10 Best Performing Stocks of S&P 500 ETF"", ""10 Best Performing Stocks of S&P 500 ETF""]"
CPRT,2019-11-15,21.625,21.6375,21.38,21.4975,"[""Nasdaq Roars To New Highs, 239-Point Gain In November; Time To Sell InMode, Top Stocks?"", ""Stocks That Hit 52-Week Highs On Friday"", ""Stocks That Hit 52-Week Highs On Friday"", ""Nasdaq Roars To New Highs, 239-Point Gain In November; Time To Sell InMode, Top Stocks?"", ""Stocks That Hit 52-Week Highs On Friday"", ""Nasdaq Roars To New Highs, 239-Point Gain In November; Time To Sell InMode, Top Stocks?""]"
CPRT,2019-11-18,21.52,21.6825,21.4289,21.5,"[""IAA: The Outlook Supports The Bullish Case"", ""Copart (CPRT) to Report Q1 Earnings: What's in the Offing?"", ""Stocks That Hit 52-Week Highs On Monday"", ""Copart Option Alert: Mar 20 $95 Calls at the Ask: 800 @ $2.601 vs 74 OI; Earnings 11/29 After Close [est] Ref=$86.25"", ""Copart Option Alert: Mar 20 $95 Calls at the Ask: 800 @ $2.601 vs 74 OI; Earnings 11/29 After Close [est] Ref=$86.25"", ""Stocks That Hit 52-Week Highs On Monday"", ""Copart (CPRT) to Report Q1 Earnings: What's in the Offing?"", ""IAA: The Outlook Supports The Bullish Case"", ""Copart Option Alert: Mar 20 $95 Calls at the Ask: 800 @ $2.601 vs 74 OI; Earnings 11/29 After Close [est] Ref=$86.25"", ""Stocks That Hit 52-Week Highs On Monday"", ""Copart (CPRT) to Report Q1 Earnings: What's in the Offing?"", ""IAA: The Outlook Supports The Bullish Case""]"
CPRT,2019-11-19,21.56,21.6975,21.4625,21.595,"[""Copart Q1 2020 Earnings Preview"", ""Notable earnings after Wednesday's close"", ""Home Depot Disappoints, Yet New Home Numbers Best In 12 Years; We Navigate These Contradictions"", ""Copart Q1 2020 Earnings Preview"", ""Notable earnings after Wednesday's close"", ""Home Depot Disappoints, Yet New Home Numbers Best In 12 Years; We Navigate These Contradictions"", ""Copart Q1 2020 Earnings Preview"", ""Notable earnings after Wednesday's close"", ""Home Depot Disappoints, Yet New Home Numbers Best In 12 Years; We Navigate These Contradictions""]"
CPRT,2019-11-20,21.4875,21.6388,20.886,21.23,"[""Copart EPS beats by $0.06, beats on revenue"", ""Earnings Scheduled For November 20, 2019"", ""Copart Q1 Adj. EPS $0.65 Up From $0.47 YoY, Sales $554.424M Up From $461.368M YoY"", ""Copart Q1 Adj. EPS $0.65 Up From $0.47 YoY, Sales $554.424M Up From $461.368M YoY"", ""Earnings Scheduled For November 20, 2019"", ""Copart EPS beats by $0.06, beats on revenue"", ""Copart Q1 Adj. EPS $0.65 Up From $0.47 YoY, Sales $554.424M Up From $461.368M YoY"", ""Earnings Scheduled For November 20, 2019"", ""Copart EPS beats by $0.06, beats on revenue""]"
CPRT,2019-11-21,22.435,22.9325,21.7175,21.9625,"[""AMTD, SCHW, CGC among premarket gainers"", ""Copart (CPRT) Q1 Earnings and Revenues Surpass Estimates"", ""Copart's (CPRT) Management on Q1 2020 Results - Earnings Call Transcript"", ""Dow Leads As China Trade War Fears Weigh On Market; This Dow Stock Near Buy"", ""Copart shares are trading higher after the company reported Q1 EPS and sales results up from last year."", ""Stocks That Hit 52-Week Highs On Thursday"", ""45 Stocks Moving In Thursday's Mid-Day Session"", ""45 Stocks Moving In Thursday's Mid-Day Session"", ""Stocks That Hit 52-Week Highs On Thursday"", ""Copart shares are trading higher after the company reported Q1 EPS and sales results up from last year."", ""Copart's (CPRT) Management on Q1 2020 Results - Earnings Call Transcript"", ""Dow Leads As China Trade War Fears Weigh On Market; This Dow Stock Near Buy"", ""AMTD, SCHW, CGC among premarket gainers"", ""Copart (CPRT) Q1 Earnings and Revenues Surpass Estimates"", ""Copart, Inc. (CPRT) Q1 2020 Earnings Call Transcript Image source: The Motley Fool. Copart, Inc. (NASDAQ: CPRT) Q1 2020 Earnings Call Nov 21, 2019, 11:00 a.m. ET Contents: Prepared Remarks Questions and Answers Call Participants Prepared Remarks: Operator Excuse me, everyone. We now have our speakers in conference. [Operator Instructions] I would now like to turn the conference over to President and CFO, Jeff Liaw. Please go ahead, sir. Jeffrey Liaw -- President, Chief Financial Officer Thank you, Dan, and welcome to Copart's Fiscal 2020 First Quarter Earnings Call. I'll ask Darren Hart, our VP of Finance, to start with the Safe Harbor. Darren Hart -- Vice President of Finance Thanks, Jeff. During today's call, we'll discuss certain non-GAAP measures, including non-GAAP net income per diluted common share, which includes adjustments to reverse the effect of certain discrete income tax items, foreign currency related gains, certain income tax benefits and payroll taxes related to accounting for stock option exercises, and the effect on common equivalent shares from ASU 2016-09. We've provided a recollection of these non-GAAP financial measures to the most directly comparable GAAP measures on our website under the Investor Relations link and in our press release issued yesterday. We believe the presentation of these non-GAAP measures together with the corresponding GAAP measures is relevant in assessing Copart's business trends and financial performance. We analyze our results on both a GAAP and non-GAAP basis described above. In addition, this call contains forward-looking statements within the meaning of federal securities laws, which are subject to substantial risks and uncertainties that could cause actual results to differ materially from those projected or implied by our statements and comments. We do not undertake to update any forward-looking statements that may be made from time to time on our behalf. For a more complete discussion of the risks that could affect our business, please review the management's discussion and analysis portions of our related periodic reports filed with the SEC. Jeffrey Liaw -- President, Chief Financial Officer Thanks, Darren. We are certainly pleased with our results for the quarter. Darren, in a moment, will walk through details of those results with the metrics that we traditionally disclose. Wanted to pause for a few minutes also to talk about some of the bigger themes in our business, as those themes, I think, will help explain and drive the results of the past quarter and the past year, and frankly shed light also on our strategic approach to the business. First, we want to talk about the evolution of the total loss universe. I think historically, we've been good and the industry has been good about talking about repair costs. And while rising repair costs due to vehicle complexity and age and labor rates and the like, we're driving increased total loss frequency. Needless to say those trends continue unabated and are accelerating due to rising complexity in the proliferation of accidents -- accident detection and avoidance system. It's well understood among customers, investors and other stakeholders, that repairing cars has become progressively less attractive economically for many, many years. I think where we've been less effective is in communicating the other side of salvage equation and to be precise, I mean the values that we can generate for these cars at auction. The total loss industry has changed very dramatically over Copart's 37 years, and even fairly significantly over the past five. In our early days of course, salvaged vehicles were literally worked their weights in metals. You see even vestiges of this in earnings calls as recently at a year ago when we were disclosing scrap prices and how they change year-over-year. I've been the CFO of Copart for four years. Outside of those earnings calls, we have literally never once talked about scrap prices. Why? Because the cars that we sell increasingly instead, became valuable for their parts competition. As the dismantling industry evolves and the OEMs leverage their aftermarket parts businesses for profit through higher prices, the dismantling industry helped to drive salvage values upwards. Since then, however, there has been a still more significant shift in our industry, which is that today these cars are not worth their weight in metals, not worth per se their value as parts, but instead their value as drivable, rebuildable vehicles, which has forever altered the salvage equation for ourselves and for our insurance company partners. The punch line then there is that the rising total loss frequency isn't just a function of preparing cars becoming more expensive, it's that totaling them and selling them has become more attractive over time as well. We have a number of initiatives under way with our insurance carrier partners for whom this reality is becoming more and more apparent. We intend to help them further optimize their claims processes, yielding more totals and earlier ones as well. But how? How we've been able to drive those volume increases with price increases at the same time is in part by becoming a still more global business, our physical reach, our brand reputation and, of course, the auction platform liquidity that we offer has expanded buyer universe for our cars and lifted the prices we can achieve at auction. You can see it first hand that our unit growth rate has certainly eclipsed that of the industry in general and certainly that of the dismantling industry as well, while our prices at auction had actually increased. And that's because the fastest-growing economies in the world, in Eastern Europe, in Africa and Central and South America are also the lowest automotive penetration markets in the world. So while we have grown our supply very substantially over the past few years, we've grown our demand much more still through our proactive marketing efforts. And that's the second thing I wanted to briefly tackle, and that's Copart's auction liquidity being the flywheel that generates differentiated value for ourselves and for our customers. I'm sure we'll get questions in Q&A about certain market share wins and insurance. You already know that we don't comment on specific accounts on an individual basis. But I think we emphasized that over time we have grown market share very steadily over the years, we just haven't talked about them on an individual account basis. Why? Ultimately because auction results are the most important. We generate better value at auction than the rest of the industry, and service levels as well, which we believe we deliver better than others. Our growth -- the growth for auction liquidity has further been enhanced by organic industry growth, of course, the same total loss frequency phenomena we described a moment ago. And then growth in our non-insurance business, which is fueled by, but also helps contribute to our insurance business. Every car we earn the right to sell from an automotive dealer also increases the value proposition of our auction and ultimately raises the price we can achieve in our insurance cars as well. We've made the investments in land and technology, process and people for decades that enabled us to grow this platform, making it more valuable with each passing year to our customers and to us. And so the virtuous cycle of auction liquidity continues. The last thing I wanted to tackle is our international expansion efforts, which, you already know, has been an important driver of our past, but likewise will be an important driver of our future growth as well. We described in great detail during our fourth quarter 2018earnings callour expansion efforts in Germany. Our strategy there remains consistent. Build the physical infrastructure necessary to effectively serve a nationwide footprint, build logistics capabilities, enable rapid vehicle pickups, use purchased cars to seed our German auctions, leverage Copart buyer -- global buyer network, and bring our value proposition to overhaul the claims process for the German insurance industry. As you know already from Germany, our intentions are to expand elsewhere in Western Europe as well. Our year-over-year and sequential trends in Germany are encouraged with substantial growth in unit volumes, revenue and trading profits providing very clear indications that our consignment model will be an economically superior proposition for the insurance carriers in the German market in general. With that, why don't we dive into the specifics of the quarter, and I'll turn over -- turn it back over to our Vice President, Darren Hart. Darren Hart -- Vice President of Finance Thanks, Jeff. We delivered another strong quarter with record first quarter revenues, gross profits and operating profits. Global revenues grew by 20.2% or $93.1 million, despite $3.9 million in foreign currency headwinds, primarily due to the relative strength of the US dollar against the British pound. Global service revenue grew by 23.6%. Our purchased vehicle sales were flat as we converted a substantial UK customer from a purchase-based sales contract to a fee-based sales contract. First quarter global unit sales volumes increased by 12.4% and vehicle inventories grew by 14.1% versus Q1 of last year. US revenues grew by 25%, fueled by higher average selling prices and a 13.2% volume increase driven by organic growth from our existing insurance and non-insurance customers and market share gains. Our non-insurance business represents approximately 24% of total US sales volumes and includes franchises, independent dealers, finance and leasing leasing companies, fleets, charities, equipment dealers and wholesalers. Excluding charities, our non-insurance unit sales volume grew -- increased by 13%. We attribute the growth across non-insurance to our increased marketing, sales and operational focus and our auction liquidity. First quarter US average selling prices grew 4.2% year-over-year. ASPs continue improving as a result of more bidders, more international bidders, and therefore auction liquidity, as well as an increasing mix of newer less-damaged cars. International bidding and buying activity reflect our proactive marketing efforts as well as the effectiveness of our all-digital auction platform, VB3. Year-over-year, we increased unique international bidders and unique domestic bidders by over 20%. The outcome is higher bids per unit and therefore better selling prices for our customers. Our selling prices continue to significantly outpace various used car indices such as the Manheim used car price index, which was roughly flat this quarter versus last year. Increasing ASPs then cycle back to our unit growth drivers. US vehicle inventories grew by 15% due to these continued strong industry tailwinds as well as market share gains. International revenues were flat due to the aforementioned customer contract shift from purchase to fee based revenue and unfavorable foreign currencies. International service revenues grew by 11.4%, while international volumes grew 8.4% and international vehicle inventories grew 8.1%. Globally, purchased vehicle sales were flat as US and Germany purchased vehicle growth was offset by UK customer contract shift. Globally, gross profit grew from $195.9 million to $254.9 million or 30.1%, and gross margin percentage grew from 42.5% to 46%, an expansion of 350 basis points. US gross margins grew from 45.2% to 49.2%, driven by rising ASPs and operational efficiencies. International gross margins declined from 31.4% to 29.5%, in part due to the increasing mix of our German business. In the US and globally, we do note rising labor, health insurance and selling costs. However, these rising costs have been offset in part by rising ASPs and operational efficiencies. General and administrative expenses, excluding stock compensation and depreciation, increased from $34.8 million a year ago to $38.8 million, primarily driven by a $3.7 million pre-tax charge related to the employer portion of payroll taxes on certain executive stock compensations. This one-time charge has been reflected as such on an after-tax basis in the non-GAAP earnings, included in our earnings release. Beyond this item, international G&A growth, in support of the expansion of our European businesses, was offset by a lower US G&A due to decreased legal costs and higher capitalized software development. While our G&A may fluctuate modestly in any given quarter, we continue to generally expect G&A expenses will grow, but provide operating leverage over time. Operating income grew from $151.4 million to $205.4 million or 35.6%, which represents a 420 basis point operating margin expansion, inclusive of an unfavorable $800,000 year-over-year foreign currency impact. Net interest expense was up year-over-year from $3.7 million to $4 million, primarily due to reduced offsetting interest income given our lower average cash balances. The Q1 income tax benefit of $16.1 million reflects a $62.4 million tax benefit on the exercise of employee stock options and a $3 million tax benefit from other discrete income tax items. The one-time benefit from the exercise of employee stock options as well as the discrete income tax benefits have been included and reflected as such in the non-GAAP earnings included in our earnings release. GAAP net income increased from $114.1 million to $218.2 million or 91.2% year-over-year. Non-GAAP net income increased 36.9% from $113.3 million to $155.4 million. GAAP diluted earnings per share grew from $0.47 to $0.91 and non-GAAP diluted earnings per share grew from $0.47 to $0.65, or 38.3%. Now turning to the balance sheet and cash flows. We adopted a new lease standard, ASC 842, this quarter and now show a $136.4 million operating lease right-of-use asset and $140.3 million of operating lease liabilities on the balance sheet. We finished the quarter with $181.1 million in cash and $219.5 million in net debt. Operating cash flows for the quarter were $212.5 million, an increase of $105 million, driven by higher earnings, due in part to the large income tax benefit. We invested $131.5 million in capex during the quarter, with over 85% attributable to capacity expansion. Given the sustained industrywide volume fueled growth by higher -- due to a higher total loss frequency, we remain focused on purchasing and developing land to meet current and prospective demand. We currently have 39 new yard and expansion projects in the engineering phase and 33 projects in the development phase. During the quarter, we also collected $12.6 million in proceeds from stock option exercises and paid $101.4 million for employee stock-based withholdings. We thank you for your continued interest in Copart. Dan, if you'd open up to -- open it up to questions, that would be appreciated. Questions and Answers: Operator Yes, sir. [Operator Instructions] Our first question in the queue comes from Bob Labick with CJS Securities. Please go ahead. Bob Labick -- CJS Securities -- Analyst Good morning, and congratulations on a another nice quarter. Jeffrey Liaw -- President, Chief Financial Officer Thanks Bob. Darren Hart -- Vice President of Finance Thanks. Bob Labick -- CJS Securities -- Analyst I wanted to start -- you've talked a lot about your strong international buyer base, you brought it up, say, obviously, and how it benefits your insurance customers, I guess, actually all your customers that are selling. Can you give us a little more color on the types of cars the international buyers are most focused on? Is it the same as the general pattern in the US? Are they more focused on insurance or non, newer or older cars? Just a little color into what they're buying. Jeffrey Liaw -- President, Chief Financial Officer Bob, thanks for the question, and a good one. I think in general, they are -- the demand is similar with the one nuance being that they will -- their interest is typically on higher value vehicles, which makes logical sense because a car which is a very old battery case, which is largely just metal value, you would never bother to ship overseas. So they tend to focus on rebuildable, drivable vehicles in particular. And those -- so they overlap very heavily. I would say that we talked about how international bidders are purchasing approximately half the value of our US options, plus or minus. They did of course on many, many more cars still than that. So the point being that it is similar in the aggregate with the nudge to higher value cars. Bob Labick -- CJS Securities -- Analyst Got it. Okay, great. That's helpful. And then just related to that roughly half the value of cars purchased, I know you don't target numbers like that at all, but -- so where do you think the percentage goes given the trends in the industry right now over the next three years to five years? Again, I know you're just focusing on service -- servicing your customers and things, you're not targeting any number, but where do you think it might go? Jeffrey Liaw -- President, Chief Financial Officer Don't have an end state in mind, Bob. Think that it has grown steadily over time. There are a number of important secular tailwinds there that we mentioned a few moments ago about economic growth in those markets, low automotive penetration. I think, we take for granted here in the US that mobility is essential for our economic well-being for education or healthcare and the like. In those economies, likewise have demand for the same mobility. So over time, I think there will be still more demand for US vehicles, wrecked cars that could become drivable cars there, but we don't have an end state in mind per se, Bob. Bob Labick -- CJS Securities -- Analyst Got it. Okay. And then looking at dealer cars, there's obviously been a lot of growth from franchise and independent dealer sales on Copart over the past couple of years. Can you talk a little bit about the typical car that's consigning to you and who the buyers are? Is that international? Or is that other dealers? Or just a little more info on that dealer cars? Jeffrey Liaw -- President, Chief Financial Officer Both. I think the dealer car -- dealer -- dealer source cars, I think you know, has been an area of emphasis for us for years, with meaningful growth really over a number of quarters now year-over-year. And that's because our value proposition, again, the same -- it's the same one as it is for the insurance carriers that has delivered auction values which matter the most to them. And that is a function of the phenomena we talked about a moment ago, that is liquidity, that is marketing efforts, that is international buyers and domestic alike. So it is again a fairly representative sample of buyers on the other side of the equation. Bob Labick -- CJS Securities -- Analyst Super. All right. Thanks so much. Jeffrey Liaw -- President, Chief Financial Officer Thank Bob. Operator Our next question in the queue comes from Caig -- excuse me, Craig Kennison with Baird. Please go ahead. Craig Kennison -- Baird -- Analyst Hey, thanks for taking my questions. And Jeff, thanks for the dramatic overview. I wanted to start with the UK conversion. With that conversion to a consignment model, should we anticipate three more quarters of pressure on vehicle sales from that customer? Jeffrey Liaw -- President, Chief Financial Officer The word pressure, I probably hesitate, if the math, yes, will persist for -- will persist for a few quarters if that's you mean. I think for us, it's not pressure per se, because I think you know we think about cars, our economics on a unit economics basis, per unit basis more so than we do the actual gross revenue number. So it's not that meaningful to us managerially, but in terms of the math you described, yes. Craig Kennison -- Baird -- Analyst Got it. And then I have another math question where we don't get to use numbers, but clearly you earned significant business from -- and ensure that previously committed nearly all of its volume to a competitor. First, why do you think Copart won that business? And second, this was described as a 30% volume customer that's going to happen, most of which by the end of this year, does all of that math jive with how you understand the relationship? Jeffrey Liaw -- President, Chief Financial Officer Craig, you find us unsatisfying, but we've been very consistent about not commenting on individual customers. More generically, we have earned very significant market share for years and for decades, often organically. And the reasons in general, so not commenting on specific accounts, are that we deliver superior auction results, that is first and foremost, certainly depending on where we are in a historical cycle, other considerations like catastrophic events and the like can also factor the decision, but ultimately it's about the economic value we deliver to our customers, number one. Number two, related but somewhat [Indecipherable] is service levels, and that in turn is a function of our yard network, our people, our technology, our process, how well do we service and account day-to-day, week-to-week, year-to-year. And then of course, as I noted a moment, how we service them in times of crisis as well. That's how every insurance carrier considers their salvage partner decisions and depending on who the partner is and when you -- where we are in history, they'll prioritize differently, but those are the criteria that anyone would make that decision on. Craig Kennison -- Baird -- Analyst And then my last question is just around innovation and what you might be doing to innovate your services or your auction platform. There has been talk lately among your competitors about improving cycle times through a platform that would connect banks and insurers or better video and camera views such that you have a better look of the interior or exterior of the car if you're bidding from all the way across the ocean. Jeffrey Liaw -- President, Chief Financial Officer Yeah. Good question. And I think, perhaps we've been remiss in not describing them robustly enough on our earnings calls. But in general, we take those services -- those types of services very seriously. So I'll comment just on one, for example, the loan payoff question I think you just raised. And for those who aren't already in the know, one complication in the resolution of a total loss claim can be that a policyholder has an outstanding loan on his or her car, so before the salvage plan can be resolved altogether, the loan payoff balance to per diem owed on that loan needs to be obtained by the carrier and the policyholder so that the lender conversely paid off. As I understand it, others in the industry are in alpha or beta testing for a product they intend to launch at some point. We launched ours in May of 2019. So whole six months ago, we had an automated loan payoff offering already delivered to our customers. We didn't talk about it on our earnings calls per se. We recognize that as an important consideration for an insurance carrier and wanting to resolve those claims. We love the claims process. We are meticulous students of it. We appreciated it for a while now that this is a second point at a bottleneck and we developed and delivered service accordingly six months ago. Craig Kennison -- Baird -- Analyst I'm sorry to follow-up, but is there any way you can describe the cycle time improvement from that loan payoff tool? Jeffrey Liaw -- President, Chief Financial Officer Hard to do, Craig, because it's very hard to isolate variables. As you might imagine that is on a portion of the cars that have loans outstanding and a portion still for which those financial institutions are connected to various intermediaries that we have partnered with. So we did not always quite so black and white, but it's certainly a tangible improvement. Both we and our insurance partners appreciate it. Craig Kennison -- Baird -- Analyst Great. Thank you. Jeffrey Liaw -- President, Chief Financial Officer Thanks, Craig Operator And our next question in the queue comes from John Healy with Northcoast Research. Please go ahead. John Healy -- Northcoast Research -- Analyst Thank you. I wanted to ask a question about the market share gains, Jeff. You alluded to that the economics in the dollar returns in the business that you get the insurers that was I think that your lead off point into why the Company has been successful over the years in terms of gaining share. Is there any way you could kind of peel back the onion a little bit on that topic for us a little bit? Potentially over the last few years, how that dollar return number to the insurer maybe has changed if you think the gap is widened? And then also, what do you contribute the gap to? Is it just purely the build out of the international buyer base and just scale? Just love to know a little bit more on that topic. Jeffrey Liaw -- President, Chief Financial Officer Sure. So the delivered values at auction, you've heard us describe the length on this call the international buyers and how important they are. And I think that sometimes maybe underappreciated that how relevant they are both for the units that are ultimately acquired by international buyers, but also on all of the other units they bid on, right? They just help provide value disclosure, full and fair value realization across virtually all the units that Copart offers. Beyond that, there are number of other considerations too. VB3, if you haven't already, you should quote attend an online auction to Copart and do so for others in the industry and render your own judgments. But we have what we think is the best-in-class technology for sellers and buyers alike, which yields -- which has for us anyway, yielded increasing bidders. So bidders and bids well in excess, even if our unit growth, meaning bids per unit -- domestic bids per unit, international bids per unit have very consistently increased for a long time. So it's mostly about the auction liquidity phenomena we just described, John. John Healy -- Northcoast Research -- Analyst Great. And then, just wanted to ask about the land investment in the quarter. Kind of jumped up a little bit. And I was curious to know if you could help us think about what we should be thinking about in terms of normalized land spend over the next couple of years? And should we look at Q1 as kind of a anomaly or a sign of things to come here? Jeffrey Liaw -- President, Chief Financial Officer I think it's capital expenditures, in particular, I think are hard to extrapolate from a given quarter, but we're talking about parcels of land and in some cases costs, multiple tens of millions of dollars. So reading into one quarter's numbers I think is bouncy. I would say that if you consider the past four years to be quote elevated capital expenditure levels for Copart, those investments will continue for years to come, both as necessary for the business that we have today as well as growth we anticipate. John Healy -- Northcoast Research -- Analyst Great. Thank you. Jeffrey Liaw -- President, Chief Financial Officer Thanks, John. Operator Our next question comes from Bret Jordan with Jefferies. Please go ahead. Bret Jordan -- Jefferies -- Analyst Hey, good morning guys. Jeffrey Liaw -- President, Chief Financial Officer Good morning. Bret Jordan -- Jefferies -- Analyst Hey, Jeff, if you could put it in perspective, may be give us a feeling for what the yield spread does look like versus the average competitor. Obviously, you've done a good job building out the end buyer base, and the frequency of their bidding. But could you sort of quantify how much the yield those benefit your auction? Jeffrey Liaw -- President, Chief Financial Officer Tough to quantify, Bret. We know, we believe it is significant, we believe that the industry has generally voted with its feet, but literally an individual car, of course, would not be sold on both auctions, you would never have and all else equal, auction comparison like-for-like. But we believe that simply the international proposition of our bids, the increasing number of bids per unit over time, this is pretty compelling evidence. That's true. Bret Jordan -- Jefferies -- Analyst Do you think it's single-digit percentage points or double-digit percentage points, I mean sort of ballpark? Jeffrey Liaw -- President, Chief Financial Officer Bret, I don't know. I would -- I can't. We really don't have the data to do that, but literally no cars that were sold on both -- on multiple auctions. So it's -- we can't quantify that. Bret Jordan -- Jefferies -- Analyst Okay. All right. And then a question, I guess, you talked about mix and maybe 50% of the volume is now being rebuilt. Could you compare that to where we were five years ago? You sound like we've got a big change recently. But what percent was scrap, what percent was dismantled, and what percent was built five years ago versus that? Jeffrey Liaw -- President, Chief Financial Officer Won't be able to point-to-point comparisons in part, because we don't have perfect visibility either buyer who buys 400 units from us may have different intentions for different of those units. We can surmise that if they're based in the Ukraine, they intend to drive them again versus if it's a buyer who is six miles away, also owns a scrap yard, we can guess -- we can render a different judgment. But those would be estimates in the aggregate, I think directionally very clearly all have been -- it's been a very significant shift from scrap and dismantling in favor of rebuildable drivable cars. You can see that in part also in the -- and literally the physical appearances of the cars we've been selling, if you attended the Copart auction in the 1980s, and saw what was sort of 50% damaged car, you can see one that is obliterated that very clearly will never be returned to growth. If you look at the car today with 50% damage, it looks like a car. It probably had a technology set, if you even were willing to temporarily forgo, you could drive the car right away. So the very nature of the car has changed as well. Bret Jordan -- Jefferies -- Analyst Okay. And I guess, do you have any new thoughts as far as the upper boundary of total loss rates? If we're in the high teens now, what that number could go to? Jeffrey Liaw -- President, Chief Financial Officer No new thoughts. And perhaps, we have old ones then. And that is to say the total loss frequency, I think, folks who see 20% or whatever today wonder, could it someday be capped at 25%. And I think if you take then the 40-year view and look back to 1980, you'll see the total loss frequency then is 4%. So if it went from 4% to 20%, I don't see the logic in believing that it will ultimately [Indecipherable] 25% instead. If we're having this conversation any point over the past 40 years, I think we would have foreseen ceilings that are quite a bit less than reality ended up being. So our view is that, so long as there is a natural outlet for these cars in the form of international buyers, in particular, in higher growth economies, who need cars that, that there is no particular -- there is no ceiling, there is no gauge on where total loss frequency can go. Bret Jordan -- Jefferies -- Analyst Yeah. Thank you. Jeffrey Liaw -- President, Chief Financial Officer Thanks Bret. Operator Our next question in the queue comes from Chris Bottiglieri with Wolfe Research. Please go ahead. Chris Bottiglieri -- Wolfe Research -- Analyst Hi, thanks for taking the question. The first one is on the -- hey, first one is on the ASP growth. I mean, pretty demonstrable growth there last year. I mean 4% still really impressive. But want to get your sense if you're lapping anything or kind of how do you think about that decelerate here on ASP growth? Jeffrey Liaw -- President, Chief Financial Officer I think there is enough noise in any given quarter that I think it's all -- you hear me talk about this in -- with respect to many variables in our business, this one included. I look over a longer period of time. That said, selling price improvement is a good solid quarter for us and it's been consistent now that we've been up consecutively for 12 quarters or so. As you know there are secular and cyclical forces here. The secular ones being total loss frequency that as we total more cars, those are generally better ones. Secular drivers [Indecipherable] improved more of them, they will drive ASPs upward as well. There are cyclical forces here as well, including currency, I think of that sort that can cause fluctuations in both directions. So I think we're -- we are happy to continue delivering better values for our customers. Chris Bottiglieri -- Wolfe Research -- Analyst Yeah. It's OK. And then I kind of reask a question different way that was asked earlier. But when I look at your capex in an LTM basis, it's about $440 million. It's roughly double what it was a few years ago, yet the yard ups and depreciation have kind of barely bunched recently. So I guess this would imply that you're -- you probably have more land at development phase right now. And I'll track the number. I can go back and see if you disclosed that. But just wanted to get a sense for what's behind the set an urgency of land expansion? If there is anyway to kind of thematically bifurcate where you're kind of added capacity or is it internationally, domestically, is it yard expansion existing yards? Are you trying to -- is the biggest of customer win? So anything you can do to provide clarity on the capacity additions there would be helpful. Jeffrey Liaw -- President, Chief Financial Officer The strong majority of these expenditures are for our quote traditional markets, so ones in which we've been doing business in for a long time, and they are a reflection of demands -- demand to-date, meaning if you have perfect visibility into every Copart yard, you'd be able to see that plenty of them could use more space now. Therefore, a good portion of this capex is for expansions. Whatever we can expand into contiguous space, we of course would love to. But the operating efficiencies that affords us, and when necessary we will expand it -- we will instead build new facilities elsewhere. So you're right to guess that we have many facilities in development. What's driving that is simply demand -- demand today and demand growth in the future. Chris Bottiglieri -- Wolfe Research -- Analyst Got you. Okay. Thank you. Jeffrey Liaw -- President, Chief Financial Officer Thank you. Operator [Operator Instructions] Our last question in the queue comes from Derek Glynn with Consumer Edge Research. Please go ahead. Derek Glynn -- Consumer Edge Research -- Analyst Hey, guys. Good morning. Thanks for taking our questions. Just a follow-up on yard ops. You've gained some leverage on that line item over time, probably helped in part by higher pricing. But I'm wondering if you see any areas of inefficiencies there that you guys can tackle or any initiatives for that cost item in particular to drive further margin improvement? Jeffrey Liaw -- President, Chief Financial Officer It's a fair question and the answer is somehow both yes and no. So this is an area of relentless focus for us, it is how we optimize the efficiency of our yard operations. And therefore, we are -- we deploy initiatives all the time, including for example, a self-help driver app last year, which reduces weight for unnecessary trips that our drivers make to our yard. So at that times hundreds, we have a number of initiatives under way. I don't know that any of them will yield a step function change. In some cases, they help to offset natural inflation we see in our business from fuel and healthcare and other factors I'm sure you know quite well. So yes, it is an area of ongoing emphasis for us and it has been worked. Derek Glynn -- Consumer Edge Research -- Analyst Got it. And then just secondly, it's been a couple of years since you announced the acquisition of NPA. Just wanted to get an update there. Can you give us a sense of how the powersports business is progressing? What its contribution to growth has looked like? And broadly, if it met your expectations? Jeffrey Liaw -- President, Chief Financial Officer Got it. Yeah. NPA has been a great acquisition for us. We're thrilled that they are -- they are a part of the Copart family today. I think you may remember from the time we did the deal that our logic was twofold. We needed to like the transaction on a stand-alone basis and we needed also to believe that it would add -- it would contribute strategic value to Copart and our insurance and non-insurance business as well. I think it's delivered on both fronts. The business has grown organically on its own, meaning the powersports business, the auction that we run through NPA have grown on their own. And likewise, its contributed to our expertise when it comes to the powersports space, which you may remember we noted is a nuance in different markets, in many respects as well. So now having that expertise in-house has contributed to our capabilities in our traditional business as well. So yes, on both counts. Derek Glynn -- Consumer Edge Research -- Analyst Great. Thanks guys. Operator And speakers, there are no more questions in the queue. Jeffrey Liaw -- President, Chief Financial Officer Great. Thank you for joining us for the call. We'll look forward to talking to you next quarter. Thank you, everyone. Operator [Operator Closing Remarks]. Duration: 37 minutes Call participants: Jeffrey Liaw -- President, Chief Financial Officer Darren Hart -- Vice President of Finance Bob Labick -- CJS Securities -- Analyst Craig Kennison -- Baird -- Analyst John Healy -- Northcoast Research -- Analyst Bret Jordan -- Jefferies -- Analyst Chris Bottiglieri -- Wolfe Research -- Analyst Derek Glynn -- Consumer Edge Research -- Analyst More CPRT analysis All earnings call transcripts 10 stocks we like better than Copart When investing geniuses David and Tom Gardner have a stock tip, it can pay to listen. After all, the newsletter they have run for over a decade, Motley Fool Stock Advisor, has quadrupled the market.* David and Tom just revealed what they believe are the ten best stocks for investors to buy right now... and Copart wasn't one of them! That's right -- they think these 10 stocks are even better buys. See the 10 stocks *Stock Advisor returns as of June 1, 2019 This article is a transcript of this conference call produced for The Motley Fool. While we strive for our Foolish Best, there may be errors, omissions, or inaccuracies in this transcript. As with all our articles, The Motley Fool does not assume any responsibility for your use of this content, and we strongly encourage you to do your own research, including listening to the call yourself and reading the company's SEC filings. Please see our Terms and Conditions for additional details, including our Obligatory Capitalized Disclaimers of Liability. Motley Fool Transcribers has no position in any of the stocks mentioned. The Motley Fool recommends Copart. The Motley Fool has a disclosure policy. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""45 Stocks Moving In Thursday's Mid-Day Session"", ""Stocks That Hit 52-Week Highs On Thursday"", ""Copart shares are trading higher after the company reported Q1 EPS and sales results up from last year."", ""Copart's (CPRT) Management on Q1 2020 Results - Earnings Call Transcript"", ""Dow Leads As China Trade War Fears Weigh On Market; This Dow Stock Near Buy"", ""AMTD, SCHW, CGC among premarket gainers"", ""Copart (CPRT) Q1 Earnings and Revenues Surpass Estimates""]"
CPRT,2019-11-22,21.9225,22.34,21.525,22.315,"[""Investing In Large Cap Stocks: What These 4 Stock Market Winners Are Communicating Today"", ""SunTrust Robinson Humphrey Maintains Buy on Copart, Raises Price Target to $100"", ""SunTrust Robinson Humphrey Maintains Buy on Copart, Raises Price Target to $100"", ""Investing In Large Cap Stocks: What These 4 Stock Market Winners Are Communicating Today"", ""SunTrust Robinson Humphrey Maintains Buy on Copart, Raises Price Target to $100"", ""Investing In Large Cap Stocks: What These 4 Stock Market Winners Are Communicating Today""]"
CPRT,2019-11-25,22.505,23.1025,22.395,22.485,"[""Copart shares continue higher following better-than-expected Q1 results on Wednesday of last week. The stock is up about 9% since the report. Today Guggenheim raised its price target on the stock from $93 to $97."", ""Copart shares continue higher following better-than-expected Q1 results on Wednesday of last week. The stock is up about 9% since the report. Today Guggenheim raised its price target on the stock from $93 to $97."", ""Copart shares continue higher following better-than-expected Q1 results on Wednesday of last week. The stock is up about 9% since the report. Today Guggenheim raised its price target on the stock from $93 to $97.""]"
CPRT,2019-11-26,22.4875,22.7375,22.44,22.7,"[""New Strong Buy Stocks for November 26th"", ""Top Ranked Momentum Stocks to Buy for November 26th"", ""Top Ranked Momentum Stocks to Buy for November 26th"", ""New Strong Buy Stocks for November 26th"", ""Top Ranked Momentum Stocks to Buy for November 26th"", ""New Strong Buy Stocks for November 26th""]"
CPRT,2019-11-27,22.7875,22.805,22.44,22.5575,"[""Copart Inc (CPRT) CEO A Jayson Adair Sold $6'.5 million of Shares"", ""Copart Inc (CPRT) CEO A Jayson Adair Sold $6'.5 million of Shares"", ""Copart Inc (CPRT) CEO A Jayson Adair Sold $6'.5 million of Shares""]"
CPRT,2019-11-29,22.5125,22.5475,22.2112,22.25,
CPRT,2019-12-02,22.17,22.2175,21.8775,21.99,"[""KAR Auction Services: Spinoff, Margin Improvement, And Technology Platform Means Buy"", ""Hot Mutual Fund Shows How 3 Heads Are Better Than 1 At Finding Top Stocks"", ""KAR Auction Services: Spinoff, Margin Improvement, And Technology Platform Means Buy"", ""Hot Mutual Fund Shows How 3 Heads Are Better Than 1 At Finding Top Stocks"", ""KAR Auction Services: Spinoff, Margin Improvement, And Technology Platform Means Buy"", ""Hot Mutual Fund Shows How 3 Heads Are Better Than 1 At Finding Top Stocks""]"
CPRT,2019-12-03,21.8875,21.9725,21.6525,21.82,
CPRT,2019-12-04,21.9525,22.2425,21.73,21.7625,"Validea Peter Lynch Strategy Daily Upgrade Report - 12/4/2019 The following are today's upgrades for Validea's P/E/Growth Investor model based on the published strategy of Peter Lynch. This strategy looks for stocks trading at a reasonable price relative to earnings growth that also possess strong balance sheets. METHANEX CORPORATION (USA) (MEOH) is a mid-cap value stock in the Chemical Manufacturing industry. The rating according to our strategy based on Peter Lynch changed from 72% to 74% based on the firm’s underlying fundamentals and the stock’s valuation. A score of 80% or above typically indicates that the strategy has some interest in the stock and a score above 90% typically indicates strong interest. Company Description: Methanex Corp is a Canada-based producer and supplier of methanol to a range of international markets. The Company operates production sites in Canada, Chile, Egypt, New Zealand, the United States, as well as Trinidad and Tobago. Its global operations are supported by a global supply chain of terminals, storage facilities and a fleet of methanol ocean tankers. The Company's subsidiary, Waterfront Shipping Company Limited, operates its fleet, which is made up of over 20 vessels ranging from 3,000 to 50,000 deadweight tons of capacity. It has over three production facilities in New Zealand that supply methanol primarily to customers in Asia Pacific. The Company operates over two plants in Trinidad, Titan and Atlas, which supply methanol to markets in North America, Europe, Asia Pacific and South America. Its joint venture facility in Egypt supplies methanol to markets in Europe and Asia Pacific. Its plant in Medicine Hat, Alberta, supplies methanol to customers in North America. The following table summarizes whether the stock meets each of this strategy's tests. Not all criteria in the below table receive equal weighting or are independent, but the table provides a brief overview of the strong and weak points of the security in the context of the strategy's criteria. For a full detailed analysis using NASDAQ's Guru Analysis tool, click here SEMTECH CORPORATION (SMTC) is a mid-cap growth stock in the Semiconductors industry. The rating according to our strategy based on Peter Lynch changed from 0% to 74% based on the firm’s underlying fundamentals and the stock’s valuation. A score of 80% or above typically indicates that the strategy has some interest in the stock and a score above 90% typically indicates strong interest. Company Description: Semtech Corporation is a supplier of analog and mixed-signal semiconductor products. The Company designs, develops and markets a range of products for commercial applications, which are sold into the enterprise computing, communications, consumer and industrial end-markets. Its product lines include Signal Integrity, Protection, Wireless and Sensing, and Power and High-Reliability. Applications for the industrial market include video broadcast studio equipment, automated meter reading, wireless charging, military and aerospace, medical, security systems, automotive, Internet of Things, industrial and home automation, and video security and surveillance. Enterprise computing end-markets include desktops, notebooks, servers, graphic boards, printers, datacenter related equipment and passive optical networks. Communications end-market applications include wireless base stations, carrier networks, switches and routers, cable modems, signal conditioners and wireless local area network. The following table summarizes whether the stock meets each of this strategy's tests. Not all criteria in the below table receive equal weighting or are independent, but the table provides a brief overview of the strong and weak points of the security in the context of the strategy's criteria. For a full detailed analysis using NASDAQ's Guru Analysis tool, click here COPART, INC. (CPRT) is a large-cap growth stock in the Computer Services industry. The rating according to our strategy based on Peter Lynch changed from 87% to 91% based on the firm’s underlying fundamentals and the stock’s valuation. A score of 80% or above typically indicates that the strategy has some interest in the stock and a score above 90% typically indicates strong interest. Company Description: 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. The Company provides vehicle sellers with a range of services to process and sell vehicles primarily over the Internet through its virtual bidding third generation Internet auction-style sales technology (VB3). The Company's service offerings include Online Seller Access, Salvage Estimation Services, Estimating Services, End-Of-Life Vehicle Processing, Virtual Insured Exchange (VIX), Transportation Services, Vehicle Inspection Stations, On-Demand Reporting, Department of Motor Vehicle (DMV) Processing, Flexible Vehicle Processing Programs, Buy It Now, Member Network, Sales Process, Copart Dealer Services, CashForCars.com and U-Pull-It. The following table summarizes whether the stock meets each of this strategy's tests. Not all criteria in the below table receive equal weighting or are independent, but the table provides a brief overview of the strong and weak points of the security in the context of the strategy's criteria. For a full detailed analysis using NASDAQ's Guru Analysis tool, click here ORION ENGINEERED CARBONS SA (OEC) is a small-cap value stock in the Chemical Manufacturing industry. The rating according to our strategy based on Peter Lynch changed from 72% to 74% based on the firm’s underlying fundamentals and the stock’s valuation. A score of 80% or above typically indicates that the strategy has some interest in the stock and a score above 90% typically indicates strong interest. Company Description: Orion Engineered Carbons S.A. is a producer of carbon black. The Company operates through two segments: Specialty Carbon Black and Rubber Carbon Black. The Specialty Carbon Black segment is engaged in the production of specialty carbon black. The Rubber Carbon Black segment is involved in the production of rubber carbon black. As of December 31, 2016, it operated a diversified carbon black business with over 280 specialty carbon black grades and approximately 80 rubber carbon black grades. Carbon black is used as a pigment and as a performance additive in coatings, polymers, printing and special applications (specialty carbon black), and in the reinforcement of rubber in tires and mechanical rubber goods (rubber carbon black). As of December 31, 2016, it operated a global platform of 13 production facilities in Europe, North and South America, Asia and South Africa and three sales companies, as well as one jointly-owned production plant in Germany. The following table summarizes whether the stock meets each of this strategy's tests. Not all criteria in the below table receive equal weighting or are independent, but the table provides a brief overview of the strong and weak points of the security in the context of the strategy's criteria. For a full detailed analysis using NASDAQ's Guru Analysis tool, click here KKR & CO INC (KKR) is a large-cap value stock in the Investment Services industry. The rating according to our strategy based on Peter Lynch changed from 0% to 91% based on the firm’s underlying fundamentals and the stock’s valuation. A score of 80% or above typically indicates that the strategy has some interest in the stock and a score above 90% typically indicates strong interest. Company Description: KKR & Co. Inc., formerly KKR & Co. L.P., is a global investment firm that manages investments across multiple asset classes, including private equity, energy, health care, infrastructure, real estate, credit and hedge funds. It offers a range of investment management services to its fund investors, and provides capital markets services to its firm, its portfolio companies and third parties. The Company conducts its business with offices across the world, providing it with a global platform for sourcing transactions, raising capital and carrying out capital markets activities. The Company operates through four segments: Private Markets, Public Markets, Capital Markets and Principal Activities. It operates and reports its combined credit and hedge funds businesses through the Public Markets segment. The Capital Markets segment consists primarily of its global capital markets business. Through its Principal Activities segment, it manages the firm's assets and deploys capital. The following table summarizes whether the stock meets each of this strategy's tests. Not all criteria in the below table receive equal weighting or are independent, but the table provides a brief overview of the strong and weak points of the security in the context of the strategy's criteria. For a full detailed analysis using NASDAQ's Guru Analysis tool, click here Since its inception, Validea's strategy based on Peter Lynch has returned 407.66% vs. 211.16% for the S&P 500. For more details on this strategy, click here About Peter Lynch: Perhaps the greatest mutual fund manager of all-time, Lynch guided Fidelity Investment's Magellan Fund to a 29.2 percent average annual return from 1977 until his retirement in 1990, almost doubling the S&P 500's 15.8 percent yearly return over that time. Lynch's common sense approach and quick wit made him one of the most quoted investors on Wall Street. (""Go for a business that any idiot can run -- because sooner or later, any idiot probably is going to run it,"" is one of his many pearls of wisdom.) Lynch's bestseller One Up on Wall Street is something of a ""stocks for the everyman/everywoman"", breaking his approach down into easy-to-understand concepts. About Validea: Validea is aninvestment researchservice that follows the published strategies of investment legends. Validea offers both stock analysis and model portfolios based on gurus who have outperformed the market over the long-term, including Warren Buffett, Benjamin Graham, Peter Lynch and Martin Zweig. For more information about Validea, click here The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
CPRT,2019-12-05,21.7625,22.09,21.665,22.06,
CPRT,2019-12-06,22.2425,22.3775,22.085,22.145,
CPRT,2019-12-09,22.1325,22.165,21.815,22.05,"[""Major Indexes Set to Surpass 2013 Returns This Year: 5 Picks"", ""Major Indexes Set to Surpass 2013 Returns This Year: 5 Picks"", ""Major Indexes Set to Surpass 2013 Returns This Year: 5 Picks""]"
CPRT,2019-12-10,22.0225,22.1775,21.965,22.0938,
CPRT,2019-12-11,22.1475,22.2,22.005,22.0725,
CPRT,2019-12-12,22.065,22.3225,21.9665,22.12,
CPRT,2019-12-13,22.0625,22.245,21.9825,22.155,
CPRT,2019-12-16,22.405,22.6225,22.3828,22.5475,"[""Bet on Growth Investing Now: Top-Ranked ETFs & Stocks"", ""Bet on Growth Investing Now: Top-Ranked ETFs & Stocks"", ""Bet on Growth Investing Now: Top-Ranked ETFs & Stocks""]"
CPRT,2019-12-17,22.6175,22.8984,22.4075,22.595,
CPRT,2019-12-18,22.525,22.5736,22.3125,22.475,"[""Is Copart (CPRT) a Great Growth Stock?"", ""Is Copart (CPRT) a Great Growth Stock?"", ""Is Copart (CPRT) a Great Growth Stock?""]"
CPRT,2019-12-19,22.4,22.485,22.225,22.35,
CPRT,2019-12-20,22.3475,22.705,22.275,22.68,
CPRT,2019-12-23,22.68,22.7978,22.3825,22.4675,
CPRT,2019-12-24,22.5125,22.775,22.4375,22.7275,"[""10 Best Performing S&P 500 Stocks Of 2019"", ""Copart Reports Its Canada Unit Has Renewed Contract With Promutuel Insurance"", ""10 Best Performing S&P 500 Stocks Of 2019"", ""10 Best Performing S&P 500 Stocks Of 2019"", ""Copart Reports Its Canada Unit Has Renewed Contract With Promutuel Insurance"", ""10 Best Performing S&P 500 Stocks Of 2019"", ""10 Best Performing S&P 500 Stocks Of 2019"", ""Copart Reports Its Canada Unit Has Renewed Contract With Promutuel Insurance"", ""10 Best Performing S&P 500 Stocks Of 2019""]"
CPRT,2019-12-26,22.72,22.7575,22.6025,22.755,"[""9 Top-Performing Stocks of the S&P 500 ETF in 2019"", ""9 Top-Performing Stocks of the S&P 500 ETF in 2019"", ""9 Top-Performing Stocks of the S&P 500 ETF in 2019""]"
CPRT,2019-12-27,22.81,22.86,22.6205,22.705,"[""6 Top-Ranked Stocks to Aid Nasdaq Scale New Highs in 2020"", ""6 Top-Ranked Stocks to Aid Nasdaq Scale New Highs in 2020"", ""6 Top-Ranked Stocks to Aid Nasdaq Scale New Highs in 2020""]"
CPRT,2019-12-30,22.7525,22.8212,22.375,22.715,"[""Stocks To Watch: 130 Funds With A+ Rating Own Shares In This No. 1-Ranked Stock"", ""S&P 500 Set to Record Highest Return Since 1997: 5 Picks"", ""Dow Jones Futures: Stock Market Rally Pauses But Apple Keeps Climbing, These 4 Leaders Near Buy Points"", ""Dow Jones Futures: Stock Market Rally Pauses But Apple Keeps Climbing, These 4 Leaders Near Buy Points"", ""Stocks To Watch: 130 Funds With A+ Rating Own Shares In This No. 1-Ranked Stock"", ""S&P 500 Set to Record Highest Return Since 1997: 5 Picks"", ""Dow Jones Futures: Stock Market Rally Pauses But Apple Keeps Climbing, These 4 Leaders Near Buy Points"", ""Stocks To Watch: 130 Funds With A+ Rating Own Shares In This No. 1-Ranked Stock"", ""S&P 500 Set to Record Highest Return Since 1997: 5 Picks"", ""Here are the best and worst Dow and S&P 500 stocks of 2019 Apple leads the Dow, while AMD is the best performer in the S&P 500 Apple leads the Dow, while AMD is the best performer in the S&P 500.""]"
CPRT,2019-12-31,22.685,22.835,22.5775,22.735,"[""Which Business Services Stocks Could be the Copart of 2020?"", ""Which Business Services Stocks Could be the Copart of 2020?"", ""Which Business Services Stocks Could be the Copart of 2020?""]"
CPRT,2020-01-02,22.85,23.3925,22.84,23.37,"[""IBD 50 Stocks To Watch: This High-Flying Used Car Seller Is No Junkyard Stock"", ""IBD 50 Stocks To Watch: This High-Flying Used Car Seller Is No Junkyard Stock"", ""IBD 50 Stocks To Watch: This High-Flying Used Car Seller Is No Junkyard Stock""]"
CPRT,2020-01-03,23.155,23.195,22.78,23.165,"Copart Reaches Analyst Target Price In recent trading, shares of Copart Inc (Symbol: CPRT) have crossed above the average analyst 12-month target price of $91.33, changing hands for $93.48/share. When a stock reaches the target an analyst has set, the analyst logically has two ways to react: downgrade on valuation, or, re-adjust their target price to a higher level. Analyst reaction may also depend on the fundamental business developments that may be responsible for driving the stock price higher — if things are looking up for the company, perhaps it is time for that target price to be raised. There are 6 different analyst targets contributing to that average for Copart Inc, but the average is just that — a mathematical average. There are analysts with lower targets than the average, including one looking for a price of $79.00. And then on the other side of the spectrum one analyst has a target as high as $100.00. The standard deviation is $7.174. But the whole reason to look at the average CPRT price target in the first place is to tap into a ""wisdom of crowds"" effort, putting together the contributions of all the individual minds who contributed to the ultimate number, as opposed to what just one particular expert believes. And so with CPRT crossing above that average target price of $91.33/share, investors in CPRT have been given a good signal to spend fresh time assessing the company and deciding for themselves: is $91.33 just one stop on the way to an even higher target, or has the valuation gotten stretched to the point where it is time to think about taking some chips off the table? Below is a table showing the current thinking of the analysts that cover Copart Inc: RECENT CPRT ANALYST RATINGS BREAKDOWN » Current 1 Month Ago 2 Month Ago 3 Month Ago Strong buy ratings: 3 3 3 2 Buy ratings: 0 0 0 0 Hold ratings: 4 4 4 5 Sell ratings: 0 0 0 0 Strong sell ratings: 1 1 1 1 Average rating: 2.5 2.5 2.5 2.75 The average rating presented in the last row of the above table above is from 1 to 5 where 1 is Strong Buy and 5 is Strong Sell. This article used data provided by Zacks Investment Research via Quandl.com. Get the latest Zacks research report on CPRT — FREE. The Top 25 Broker Analyst Picks of the S&P 500 » The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
CPRT,2020-01-06,23.065,23.4075,23.0025,23.3725,"[""5 Stocks With Good Entry Points Amid Stock Market Pullback"", ""Why Do 123 A+ Funds Have A Stake In This Breakout IBD 50 Stock?"", ""Why Do 123 A+ Funds Have A Stake In This Breakout IBD 50 Stock?"", ""5 Stocks With Good Entry Points Amid Stock Market Pullback"", ""Why Do 123 A+ Funds Have A Stake In This Breakout IBD 50 Stock?"", ""5 Stocks With Good Entry Points Amid Stock Market Pullback""]"
CPRT,2020-01-07,23.355,23.39,23.1362,23.3425,"[""The Zacks Analyst Blog Highlights: Copart, Performance Food Group, Cornerstone OnDemand, Martin Marietta Materials and SS&C Technologies"", ""The Zacks Analyst Blog Highlights: Copart, Performance Food Group, Cornerstone OnDemand, Martin Marietta Materials and SS&C Technologies"", ""The Zacks Analyst Blog Highlights: Copart, Performance Food Group, Cornerstone OnDemand, Martin Marietta Materials and SS&C Technologies""]"
CPRT,2020-01-08,23.3525,23.62,23.3,23.5025,"[""3 Stocks Making New Highs in the New Year"", ""5 Stocks to Buy as US Service Sector Revs Up in December"", ""3 Stocks Making New Highs in the New Year"", ""5 Stocks to Buy as US Service Sector Revs Up in December"", ""3 Stocks Making New Highs in the New Year"", ""5 Stocks to Buy as US Service Sector Revs Up in December""]"
CPRT,2020-01-09,23.645,23.9725,23.645,23.8225,"[""Stocks That Hit 52-Week Highs On Thursday"", ""Stocks That Hit 52-Week Highs On Thursday"", ""FTC, BURL, CPRT, CDW: Large Outflows Detected at ETF Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, one standout is the First Trust Large Cap Growth AlphaDEX Fund (Symbol: FTC) where we have detected an approximate $70.2 million dollar outflow -- that's a 6.4% decrease week over week (from 14,800,002 to 13,850,002). Among the largest underlying components of FTC, in trading today Burlington Stores Inc (Symbol: BURL) is up about 0.6%, Copart Inc (Symbol: CPRT) is up about 1.4%, and CDW Corp (Symbol: CDW) is higher by about 1.3%. For a complete list of holdings, visit the FTC Holdings page \u00bb The chart below shows the one year price performance of FTC, versus its 200 day moving average: Looking at the chart above, FTC's low point in its 52 week range is $59.1397 per share, with $74.5167 as the 52 week high point \u2014 that compares with a last trade of $74.50. Comparing the most recent share price to the 200 day moving average can also be a useful technical analysis technique -- learn more about the 200 day moving average \u00bb. Exchange traded funds (ETFs) trade just like stocks, but instead of ''shares'' investors are actually buying and selling ''units''. These ''units'' can be traded back and forth just like stocks, but can also be created or destroyed to accommodate investor demand. Each week we monitor the week-over-week change in shares outstanding data, to keep a lookout for those ETFs experiencing notable inflows (many new units created) or outflows (many old units destroyed). Creation of new units will mean the underlying holdings of the ETF need to be purchased, while destruction of units involves selling underlying holdings, so large flows can also impact the individual components held within ETFs. Click here to find out which 9 other ETFs experienced notable outflows \u00bb The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Stocks That Hit 52-Week Highs On Thursday""]"
CPRT,2020-01-10,23.87,23.9225,23.6275,23.8275,"[""Growth Stocks To Watch In Buy Zones Or Bases Pack The IBD 50"", ""Growth Stocks To Watch In Buy Zones Or Bases Pack The IBD 50"", ""Growth Stocks To Watch In Buy Zones Or Bases Pack The IBD 50""]"
CPRT,2020-01-13,24.0575,24.075,23.765,24.065,
CPRT,2020-01-14,24.09,24.26,24.0125,24.085,"Why Copart Stock Zoomed 90.3% Higher in 2019 What happened Shares of Copart (NASDAQ: CPRT) soared 90.3% in 2019, according to data from S&P Global Market Intelligence, as the online automotive auction specialist repeatedly delivered strong quarterly results. IMAGE SOURCE: GETTY IMAGES. So what Copart started the year on a positive note, climbing more than 20% through the end of February after demonstrating decelerating revenue growth in its fiscal second quarter (up 5.6%) but much more impressive earnings growth, with its bottom line soaring at a greater-than-27% clip. But Copart's momentum only gained steam after its top- and bottom-line growth accelerated with each of its subsequent quarterly updates in May and September. Shares more recently hit fresh all-time highs to end 2019 on the heels of Copart's impressive fiscal first-quarter 2020 results in November. Quarterly revenue climbed a solid 20% year over year, adjusted earnings rose 38%, and, during the subsequent conference call, management lauded the company's flexible approach to capitalizing on today's continuously evolving landscape for salvage and auction vehicles. Now what And that momentum is largely expected to continue into the coming year. Analysts' consensus estimates predict Copart's full fiscal-year 2020 revenue will increase 15.6%, to roughly $2.36 billion, translating to a healthy 24% bump in earnings per share to $2.79. As it stands, investors should receive fresh color on Copart's ability to live up to those expectations with its next quarterly update in late February. But given its exceptional performance in calendar 2019, it was no surprise to see this top stock responding in kind. 10 stocks we like better than Copart When investing geniuses David and Tom Gardner have a stock tip, it can pay to listen. After all, the newsletter they have run for over a decade, Motley Fool Stock Advisor, has tripled the market.* David and Tom just revealed what they believe are the ten best stocks for investors to buy right now... and Copart wasn't one of them! That's right -- they think these 10 stocks are even better buys. See the 10 stocks *Stock Advisor returns as of December 1, 2019 Steve Symington has no position in any of the stocks mentioned. The Motley Fool recommends Copart. The Motley Fool has a disclosure policy. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
CPRT,2020-01-15,24.03,24.29,23.99,24.1675,
CPRT,2020-01-16,24.325,24.34,24.1275,24.3025,"[""Stocks That Hit 52-Week Highs On Thursday"", ""Stocks That Hit 52-Week Highs On Thursday"", ""Stocks That Hit 52-Week Highs On Thursday""]"
CPRT,2020-01-17,24.325,24.325,23.7775,24.28,"Noteworthy Friday Option Activity: LOW, XOM, CPRT Among the underlying components of the S&P 500 index, we saw noteworthy options trading volume today in Lowe's Companies Inc (Symbol: LOW), where a total of 17,514 contracts have traded so far, representing approximately 1.8 million underlying shares. That amounts to about 53.8% of LOW's average daily trading volume over the past month of 3.3 million shares. Particularly high volume was seen for the $125 strike call option expiring February 21, 2020, with 1,465 contracts trading so far today, representing approximately 146,500 underlying shares of LOW. Below is a chart showing LOW's trailing twelve month trading history, with the $125 strike highlighted in orange: Exxon Mobil Corp (Symbol: XOM) saw options trading volume of 74,577 contracts, representing approximately 7.5 million underlying shares or approximately 52.2% of XOM's average daily trading volume over the past month, of 14.3 million shares. Especially high volume was seen for the $45 strike put option expiring January 15, 2021, with 15,501 contracts trading so far today, representing approximately 1.6 million underlying shares of XOM. Below is a chart showing XOM's trailing twelve month trading history, with the $45 strike highlighted in orange: And Copart Inc (Symbol: CPRT) saw options trading volume of 8,953 contracts, representing approximately 895,300 underlying shares or approximately 50.3% of CPRT's average daily trading volume over the past month, of 1.8 million shares. Especially high volume was seen for the $95 strike call option expiring March 20, 2020, with 6,033 contracts trading so far today, representing approximately 603,300 underlying shares of CPRT. Below is a chart showing CPRT's trailing twelve month trading history, with the $95 strike highlighted in orange: For the various different available expirations for LOW options, XOM options, or CPRT options, visit StockOptionsChannel.com. Today's Most Active Call & Put Options of the S&P 500 » The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
CPRT,2020-01-21,24.2225,24.7588,24.2025,24.65,"[""Stocks That Hit 52-Week Highs On Tuesday"", ""Stocks That Hit 52-Week Highs On Tuesday"", ""Stocks That Hit 52-Week Highs On Tuesday""]"
CPRT,2020-01-22,24.7825,25.0875,24.755,24.91,"[""Stocks That Hit 52-Week Highs On Wednesday"", ""Stocks That Hit 52-Week Highs On Wednesday"", ""Stocks That Hit 52-Week Highs On Wednesday""]"
CPRT,2020-01-23,24.8025,24.9975,24.765,24.975,"[""Five Companies Hit 5\u2014-Week Highs"", ""Stokes Capital Advisors, LLC Buys PIMCO Enhanced Short Maturity Active Exchange-Trad, PIMCO ..."", ""Stokes Capital Advisors, LLC Buys PIMCO Enhanced Short Maturity Active Exchange-Trad, PIMCO ..."", ""Five Companies Hit 5\u2014-Week Highs"", ""Stokes Capital Advisors, LLC Buys PIMCO Enhanced Short Maturity Active Exchange-Trad, PIMCO ..."", ""Five Companies Hit 5\u2014-Week Highs""]"
CPRT,2020-01-24,25.0875,25.2775,24.925,25.0725,"[""Stocks That Hit 52-Week Highs On Friday"", ""Stocks That Hit 52-Week Highs On Friday"", ""Stocks That Hit 52-Week Highs On Friday""]"
CPRT,2020-01-27,24.285,25.0025,24.285,24.875,
CPRT,2020-01-28,25.0275,25.31,24.6425,25.1775,
CPRT,2020-01-29,25.1975,25.3525,25.035,25.18,
CPRT,2020-01-30,25.085,25.6075,25.035,25.5875,
CPRT,2020-01-31,25.5525,26.0,25.26,25.365,"[""This Fund Races Past Market With 380 Top Growth Stocks"", ""Stocks That Hit 52-Week Highs On Friday"", ""Stocks That Hit 52-Week Highs On Friday"", ""This Fund Races Past Market With 380 Top Growth Stocks"", ""Stocks That Hit 52-Week Highs On Friday"", ""This Fund Races Past Market With 380 Top Growth Stocks""]"
CPRT,2020-02-03,25.55,25.8275,25.1525,25.2,"[""Atlantic Trust, LLC Buys ServiceNow Inc, Danaher Corp, Waste Management Inc, Sells Cedar Fair ..."", ""Atlantic Trust, LLC Buys ServiceNow Inc, Danaher Corp, Waste Management Inc, Sells Cedar Fair ..."", ""Atlantic Trust, LLC Buys ServiceNow Inc, Danaher Corp, Waste Management Inc, Sells Cedar Fair ...""]"
CPRT,2020-02-04,25.4675,25.7925,25.335,25.6625,
CPRT,2020-02-05,25.98,26.025,25.49,25.54,"[""Stocks That Hit 52-Week Highs On Wednesday"", ""Stocks That Hit 52-Week Highs On Wednesday"", ""Stocks That Hit 52-Week Highs On Wednesday""]"
CPRT,2020-02-06,25.555,25.7525,25.39,25.7375,"[""Teacher Retirement System Of Texas Buys Alibaba Group Holding, Uber Technologies Inc, Vanguard ..."", ""Teacher Retirement System Of Texas Buys Alibaba Group Holding, Uber Technologies Inc, Vanguard ..."", ""Teacher Retirement System Of Texas Buys Alibaba Group Holding, Uber Technologies Inc, Vanguard ...""]"
CPRT,2020-02-07,25.79,25.9125,25.5462,25.645,"[""Suncoast Equity Management Buys Stryker Corp, Marathon Petroleum Corp, Cintas Corp, Sells ..."", ""Suncoast Equity Management Buys Stryker Corp, Marathon Petroleum Corp, Cintas Corp, Sells ..."", ""Suncoast Equity Management Buys Stryker Corp, Marathon Petroleum Corp, Cintas Corp, Sells ...""]"
CPRT,2020-02-10,25.64,25.965,25.585,25.6325,"Looking for another Apple or Amazon? These stocks have one important thing in common with tech’s big winners The companies, including AMD, NextEra Energy and Vertex Pharmaceuticals, improved their pricing power as sales grew rapidly The companies, including AMD, NextEra Energy and Vertex Pharmaceuticals, improved their pricing power as sales grew rapidly."
CPRT,2020-02-11,25.7775,25.8125,25.4775,25.5775,
CPRT,2020-02-12,25.6075,25.785,25.2025,25.6225,
CPRT,2020-02-13,25.595,25.9925,25.575,25.8375,"[""ClariVest Asset Management LLC Buys Bristol-Myers Squibb Company, Copart Inc, The Trade Desk ..."", ""North Fourth Asset Management, LP Buys Copart Inc, Fair Isaac Corp, The Home Depot Inc, Sells ..."", ""ClariVest Asset Management LLC Buys Bristol-Myers Squibb Company, Copart Inc, The Trade Desk ..."", ""North Fourth Asset Management, LP Buys Copart Inc, Fair Isaac Corp, The Home Depot Inc, Sells ..."", ""ClariVest Asset Management LLC Buys Bristol-Myers Squibb Company, Copart Inc, The Trade Desk ..."", ""North Fourth Asset Management, LP Buys Copart Inc, Fair Isaac Corp, The Home Depot Inc, Sells ...""]"
CPRT,2020-02-14,25.79,25.9475,25.67,25.8125,"[""Wedgewood Partners, Inc. Buys Bristol-Myers Squibb Company, S&P Global Inc, Fleetcor ..."", ""Aubrey Capital Management Ltd Buys Freshpet Inc, Copart Inc, OneSpaWorld Holdings, Sells ..."", ""Quantum Capital Management, LLC Buys Copart Inc, Aspen Technology Inc, CoStar Group Inc, Sells ..."", ""Quantum Capital Management, LLC Buys Copart Inc, Aspen Technology Inc, CoStar Group Inc, Sells ..."", ""Wedgewood Partners, Inc. Buys Bristol-Myers Squibb Company, S&P Global Inc, Fleetcor ..."", ""Aubrey Capital Management Ltd Buys Freshpet Inc, Copart Inc, OneSpaWorld Holdings, Sells ..."", ""Quantum Capital Management, LLC Buys Copart Inc, Aspen Technology Inc, CoStar Group Inc, Sells ..."", ""Wedgewood Partners, Inc. Buys Bristol-Myers Squibb Company, S&P Global Inc, Fleetcor ..."", ""Aubrey Capital Management Ltd Buys Freshpet Inc, Copart Inc, OneSpaWorld Holdings, Sells ...""]"
CPRT,2020-02-18,25.75,26.09,25.575,25.605,"[""David Rolfe Adds 4 Stocks to Portfolio in 4th Quarter"", ""Several Highly Rated Stocks Are About To Report: Investing Action Plan"", ""Stocks That Hit 52-Week Highs On Tuesday"", ""Stocks That Hit 52-Week Highs On Tuesday"", ""David Rolfe Adds 4 Stocks to Portfolio in 4th Quarter"", ""Several Highly Rated Stocks Are About To Report: Investing Action Plan"", ""Stocks That Hit 52-Week Highs On Tuesday"", ""David Rolfe Adds 4 Stocks to Portfolio in 4th Quarter"", ""Several Highly Rated Stocks Are About To Report: Investing Action Plan""]"
CPRT,2020-02-19,25.715,26.22,25.655,26.125,"[""Dow Jones Futures: Apple, Tesla, AMD, Nvidia Lead Hot Stock Market Rally; Six Big Earnings Movers Late"", ""Earnings Scheduled For February 19, 2020"", ""Copart Q2 EPS $0.65 Misses $0.66 Estimate, Sales $575.14M Miss $576.04M Estimate"", ""Copart Q2 EPS $0.65 Misses $0.66 Estimate, Sales $575.14M Miss $576.04M Estimate"", ""Earnings Scheduled For February 19, 2020"", ""Dow Jones Futures: Apple, Tesla, AMD, Nvidia Lead Hot Stock Market Rally; Six Big Earnings Movers Late"", ""Copart Q2 EPS $0.65 Misses $0.66 Estimate, Sales $575.14M Miss $576.04M Estimate"", ""Earnings Scheduled For February 19, 2020"", ""Dow Jones Futures: Apple, Tesla, AMD, Nvidia Lead Hot Stock Market Rally; Six Big Earnings Movers Late""]"
CPRT,2020-02-20,24.25,25.12,22.6725,24.325,"[""Stock Market Mixed On Virus Concerns; Domino's Pizza Surges, While Twitter Nears A New Buy Point"", ""Copart (CPRT) Q2 Earnings Meet Estimates, Sales Top, Up Y/Y"", ""50 Stocks Moving in Thursday's Pre-Market Session"", ""Copart shares are trading lower after the company reported worse-than-expected Q2 EPS and sales results."", ""Copart shares are trading lower after the company reported worse-than-expected Q2 EPS and sales results."", ""50 Stocks Moving in Thursday's Pre-Market Session"", ""Stock Market Mixed On Virus Concerns; Domino's Pizza Surges, While Twitter Nears A New Buy Point"", ""Copart (CPRT) Q2 Earnings Meet Estimates, Sales Top, Up Y/Y"", ""Nasdaq 100 Movers: CPRT, LBTYA In early trading on Thursday, shares of Liberty Global topped the list of the day's best performing components of the Nasdaq 100 index, trading up 2.0%. Year to date, Liberty Global has lost about 6.8% of its value. And the worst performing Nasdaq 100 component thus far on the day is Copart, trading down 8.0%. Copart is showing a gain of 5.7% looking at the year to date performance. One other component making moves today is Synopsys, trading down 3.3%. VIDEO: Nasdaq 100 Movers: CPRT, LBTYA The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Copart, Inc. (CPRT) Q2 2020 Earnings Call Transcript Image source: The Motley Fool. Copart, Inc. (NASDAQ: CPRT) Q2 2020 Earnings Call Feb 20, 2020, 11:00 a.m. ET Contents: Prepared Remarks Questions and Answers Call Participants Prepared Remarks: Operator Good day, everyone, and welcome to the Copart, Inc. Second Quarter Fiscal 2020 Earnings Call. Just a reminder, today's conference is being recorded. For opening remarks and introductions, I would like to turn the call over to Mr. Jay Adair, Chief Executive Officer of Copart, Inc. Please go ahead, sir. A. Jayson Adair -- Chief Executive Officer Thank you, Samantha. Good morning, everyone, and it's a pleasure to welcome you all to the second quarter call. I'm going to turn it over to Jeff Liaw, our President, for safe Harbor, and then we'll give you I'll give you a quick update on the company, and he will give you an update on financial performance. So with that, Jeff? Jeffrey Liaw -- President Thanks, Jay. During today's call, we'll discuss certain non-GAAP measures, which include adjustments to reverse the effect of certain discrete income tax items, disposal of nonoperating assets, foreign currency-related gains, certain income tax benefits and payroll taxes related to accounting for stock option exercises and the effect on common equivalent shares from ASU 2016-09. We've provided a reconciliation of these non-GAAP financial measures to the most directly comparable GAAP measures on our website under the Investor Relations link and in our press release issued yesterday. We believe these non-GAAP measures, together with our corresponding GAAP measures, are relevant in assessing our business trends and performance. We analyze our results on both GAAP and non-GAAP basis. In addition, this call may contain forward-looking statements, which are subject to risks and uncertainties that could cause actual results to differ materially from those projected or implied by our statements. We do not undertake to update any forward-looking statements. For a more complete discussion of the risks that could affect our business, please review the management's discussion and analysis portions in our related periodic reports filed with the SEC. Jay? A. Jayson Adair -- Chief Executive Officer Thank you, Jeff. For starters, I'd like to state that we have never been better prepared for the future. When we think about capacity, we think about it globally. And whether it's in Europe or the U.S., we have more capacity today than we have ever had. This is an effort that has been ongoing for the last five years to build out a network of locations that are closer to the car and then have more room, so that we can continue to handle vehicles that come in due to continued total loss rates, again, due to technology in cars and due to market share gains that we have seen over the last five years. We expect that both those trends will continue and I'm happy to say we have the capacity to handle that. When it comes to catastrophes, whether they be small catastrophes or super storm events, there is no match for the way that Copart handles a CAT. Our preparedness has never been better through equipment that we utilize in the field, through locations where we have large facilities that can store 20,000, 30,000, 40,000 vehicles in a super storm event, through the process we've developed over the last five years and through the technology that we deploy, it is not an understatement to say that our position in the industry is unmatched when it comes to those events. Our people are also the best in the industry. Whether it be through our tenure as the company has achieved so many years of success now, whether it be the training or the talent, their ability is unmatched, and I put a huge, huge amount of credit on our success over the last five years in wins due to the people that run this company. Our technology continues to lead the industry. We've been a leader in the technology space now for 20 years, moving completely online back in 2003, 17 years ago. And I would put our technology teams up against any of the tech titans in Silicon Valley. What we have developed over the years and what we are developing currently and that will be rolling out in the years to come, we'll continue to keep the gap between us and our competitors and offer a service offering to our customers that is unmatched. Copart is a technology company, but we're also a land-holding company with over 10,000 acres, over 200 facilities, and we're also a logistics company. We're picking up over 250,000 vehicles a month, and we do that from assignment to pick up in less than a day. Through our people, our process and our technology, we'll continue to win. With that, it's my pleasure to turn it over to our President, Jeff Liaw for an update on the financials and the performance of the company. Jeff? Jeffrey Liaw -- President Thank you, Jay. As Jay noted, we are pleased with our results for the second quarter. It's a record second quarter for Copart in revenue, gross profit and operating income. We experienced global revenue growth of 18.6% or $90 million change over last year. Our U.S. revenue grew at 23.8%. The international revenue nominally declines 2.6% year-over-year, but that's primarily due to converting a substantial U.K. customer from a purchase-based sales contract to a fee-based arrangement instead. Our global service revenue grew $93.2 million or 22.4% year-over-year, which along with units sold is a more accurate measure of the underlying activity in our business. As we've noted on our prior calls, vehicle sales and costs are disproportionately visible in comparison to their economic relevance to our business. Our purchased vehicles declined $3 million year-over-year for the second quarter or 4.4%, due primarily again to the shift of the U.K. customer from a purchase arrangement to a fee-based consignment engagement. Our global unit sales grew by 13.7% year-over-year with U.S. units growing 15.3% and international units growing 5.7%. Our U.S. unit growth was driven by organic growth from our existing insurance customers and non-insurance customers as well as market share gains. The long-term trends, we've noted in prior discussions, in favor of rising total loss frequency are continuing, driving organic growth from insurance customers as these strong salvage returns we generate at auctions continue to become more and more economically attractive compared to rising repair costs. We continue to grow our non-insurance business as well, nominally on a unit basis 5.8% year-over-year, which reflects growth in certain seller groups such as automotive dealers offset by proactive capacity management efforts on our part with charities and wholesalers. Excluding those charities and wholesalers, our noninsurance business grew on a unit basis 20.6% year-over-year. We attribute this growth to our increased marketing and sales efforts, but perhaps most notably to the auction liquidity we achieved at Copart. We have brought a large pool of buyers and sellers together. And the auction liquidity we deliver to our sellers, we would argue is the very best in the industry. Our global inventory increased 7.5% year-over-year, U.S. inventory grew at that same 7.5%, international inventory growth just north of that at 7.8%. This inventory growth is again driven by the same unit growth trends noted above both industry growth as well as customer wins. Our gross profit grew from $208 million $208.2 million to $259.9 million or 24.8% increase year-over-year. We experienced a gross margin rate change from $42.9 million to $45.2 million with gross margins expanding by 230 basis points. A portion of this is attributable, of course, to that same shift of the customer from a principle-based arrangement to a fee-based arrangement. In addition to that, we achieved efficiencies across the globe in the form of operational leverage, which helped to further expand gross margins. In the U.S., and globally, we would again, as always, note rising labor, health insurance, fuel costs, selling costs, etc.; offset also by generally benign trends in ASPs as well as operating leverage. On those average selling prices, in particular, in the U.S., our ASPs grew at 0.7% year-over-year. Our ASPs continue their growth that reflects, I believe, now 13 consecutive quarters of ASP growth in the U.S. That ASP lift is a product of more bidders, more international bidders and, therefore, more auction liquidity. This is a year-over-year comparison as well as an increasing mix of newer, less damaged cars. That trend we talk about on our call now for years, and it continues to prove true. International bidding and buying activity, again, a reflection of our proactive marketing efforts as well as the effectiveness of our all-digital auction platform PV3. The outcome is that we generate more auction activity, more bids per unit and, therefore, better selling prices for our customers. Just shy of 50% of the value of our U.S. auctions are attributed or won by international buyers and the vast majority of our units have their prices affected and lifted by the participation of those same international buyers. Turning to general and administrative expenditures. I'll speak about them, excluding stock-based compensation and depreciation. They are up from $33.2 million a year ago to $39.2 million this quarter. It's also up slightly sequentially by about $400,000 relative to the first quarter. In general, G&A expenditures will fluctuate and grow over time as with other numbers on our P&L and our cash flow statement. We generally encourage folks to take a multiple quarter view in projecting the business. We continue to believe we can achieve operating leverage given the top line growth rates we have experienced in recent years. We do believe they're like as with yard costs, there are certain inflationary pressures here regarding labor rates, healthcare costs and the like, but we believe we can achieve operating leverage, nonetheless. Our GAAP operating income grew from $164.7 million to $209.9 million, or an increase of 27.4%, reflecting 250 basis points of operating margin expansion. Our net interest expense was roughly flat year-over-year at approximately $4.5 million. Other expense/income of $400,000, in this case, largely attributable to currency gains offset by losses from certain nonconsolidated equity positions of ours. Our second quarter income tax of $36.4 million reflects a $14.8 million tax benefit on the exercise of employee stock options, which has been reflected as such in the non-GAAP earnings included in our release from yesterday. GAAP net income increased from $131.4 million to $168.7 million for the second quarter this year, or an increase of 28.4%, year-over-year. And finally, on the P&L, our non-GAAP net income increased from $124.9 million to $153.5 million, a growth of 22.9% year-over-year. Turning then to the balance sheet and cash flow statements. We finished the quarter with $93.5 million of cash on the balance sheet and $320 million and change of net debt. We adopted a new lease standard, as you likely know already this year, last quarter and the first quarter of 2020. And we now show $104 million as an operating lease right-of-use assets with a corresponding $105 million liability on the balance sheet as well. On the cash flow statement, we generated operating cash flow of $144.5 million for the quarter, an increase of $37 million, driven principally by higher earnings year-over-year. Our capital expenditures of $269 million in the quarter, the strong majority of these capital expenditures were for capacity expansion per our practices in the per our practice in recent years. I'll note here that we continue to invest aggressively in capacity expansion to serve both industry growth as well as our market share wins, as we've discussed at great length in the past. Permitting is a complex and collaborative dialogue with communities in which we do business, so the timing of the completion of certain purchases is always subject to lumpiness in our cash flow statement. We will invest millions; and in some cases, tens of millions of dollars at a time for single asset single site completions. We're delighted for ourselves and our customers that we're able to achieve and to execute this past quarter's worth of capital projects. That said, even in this capacity growth period of Copart's history, the quarter obviously is an outsized capex quarter for us. We would look at the last few years as more indicative of our general run rate in a growth period. With that, I'll make a few final comments on our efforts in Germany, and then we can open it up for Q&A. Regarding our efforts in Germany, our strategy and approach continue unabated. We are investing very substantially in people and technology and in land. We continue to source cars as a principle to build liquidity and we're getting progressively better at it. However, the real long-term objective remains unchanged as well, which is to earn consignment volumes, to serve the insurance industry there, both for the carrier's direct economic benefits and lower claims costs as well as their benefits in improved policyholder experiences in the cases of total loss. We have active dialogues with decision-makers at major carriers and have sold cars on a consignment basis for the insurance industry in Germany. We look forward to discussing that further with you on future calls as well. With that, Samantha, I'll ask you to open it up for Q&A. Questions and Answers: Operator [Operator Instructions] Our first question will come from Bob Labick with CJS Securities. Bob Labick -- CJS Securities -- Analyst Morning. I just wanted to start, on the last call, you alluded to helping some carriers optimize their claims process. Can you talk more about that, how it's going? Have there been any initial results or is that a long-term game plan? Is that a 2020, 2021? How should we think about that? Jeffrey Liaw -- President Bob, I'd characterize that as a 40-year journey. That's something we do literally every day. We may have spoken about it in somewhat greater detail on the last earnings calls, but we view it as our principal job is to improve the claims process and economic outcomes for our insurance customers and their returns. So there are certainly individual products that we have in the queue, products we have released, products we are already selling, but I wouldn't view that as a discrete change per se in what we do, Bob. Just an ongoing purposeful commitment to that very outcome. Bob Labick -- CJS Securities -- Analyst Got it. Okay. And then you just spoke about, obviously, the highest, I guess, capex quarter you've had? And is this was all the land in the U.S.? Is this international as well? Are you still looking to keep a similar pace for the last two years going forward? Can you just give us a little more color on that. Jeffrey Liaw -- President Yes, the vast majority of the capital expenditures would be in the U.S. with some internationally, but the vast majority in the U.S. So I called it out because it is, obviously, a much higher rate that we have incurred in recent years. We have announced our 20/20/20 initiative in April of 2016, if memory serves, so approximately four years ago, we began this aggressive capacity expansion phase in our history. I would look to the past few years as more indicative of the run rate of our expenditures in this capacity growth phase more so than this past quarter. It is the nature of the beast, Bob, as you know, you have involved with the industry for a long time, that capex by its nature is lumpy. Because you close on a property that could have been literally tens of millions of dollars and then or it is delayed by six months, and so the tens of millions of dollars of expenditures await you in a few quarters' time. So we don't endeavor to smooth it. We are we simply want to acquire and develop the land, so we have it available for our customers and ourselves as soon as we can. And sometimes, it happens all at once. Bob Labick -- CJS Securities -- Analyst Got it. Okay, great. And it sounds, I guess, it's crazy to ask this given the, I think, 14% volume growth in the quarter and this and for several years, the double-digit volume growth, but are you currently constrained on growing faster based on your capacity? Have you reached a kind of equilibrium now that you're just acquiring new capacity for future growth? How can you talk about where you stand, if there have been constraints before? If you've reached what you need to get for current levels? Jeffrey Liaw -- President Yes, it's a fair question. I think we as Jay noted at the top, we've invested in the land, so that we could serve our customers exceptionally well across all markets, if and when they're ready to do business with us. So that's our commitment to them, which is also, as you may have heard during the discussion there, within certain noninsurance sellers of ours, we've made proactive decisions to free capacity in that respect for these critical insurance customers in particular. So we I wouldn't say it's been a gating factor, Bob, but it has required us to make an all hands on deck efforts to acquire and develop that land. Bob Labick -- CJS Securities -- Analyst Okay, super, thank you so much. Operator Thank you. Our next question will come from Craig Kennison with Baird. Craig Kennison -- Baird -- Analyst Good morning. Thank you for taking my questions. I wanted to ask about industry trends. What you're seeing in terms of claims activity and the total loss rate and how you see that unfolding in 2020? Jeffrey Liaw -- President Yes. I'll take a bigger step back, Craig, and make a broader observation. I think we are seeing claims activity that's relatively flat year-over-year in terms of the nominal claim. So these are the same data points, I'm sure, that you track already regarding certain carriers who disclose publicly their claims results as well as certain industry aggregators who do the same. Over most of our 40-year history, I think we've seen claims frequency generally decline very modestly over time as cars get safer and perhaps drivers get better. Though one anomalous period for that trend, of course, was 2011 to 2016 when smartphone penetration, smartphone distraction was perhaps at its peak. But otherwise, for most of our 40-year history, accident frequency has generally declined over time. However, the one-way tailwind in our business, as you know, has been total loss frequency, which has increased very steadily over time. I think individual months and quarters are tough to measure. I think there's always going to be a lot of noise in that number. But I think if you take any kind of step back at all, you would see that trends continues to move up. And for reasons I think that become reasonably clear once you dig the half step below the surface, which is that the cars are becoming our cars are becoming more sophisticated over time, more technologically involved and, therefore, all of the sensors and cameras that are fitted in the car are making it more difficult to repair. So repair costs are rising, which makes repairs less compelling. While at the same time, our auction liquidity is improving. Our international buyer base is expanding. So quite literally, at the same time, repairs are worse, salvage is literally better, which is what has driven the total loss frequency increase to sixfold fivefold to sixfold over the past 40 years and why we think it will continue to rise over the years to come. I expect that in 2020. I know that's a bit of a long-winded answer, but I expect that this year and but frankly, for years and decades to come. Craig Kennison -- Baird -- Analyst And then looking at your European business and the European car park, are there substantial differences in the constitution of that car park, such that we'd see a different trend in total loss rate or claims frequency? Jeffrey Liaw -- President In broader strokes, no. There certainly are local and country-specific idiosyncrasies that can affect exactly how we enter, how we participate. But in broad strokes, no. The cars are similar. The underlying drivers that make the total loss such a compelling economic proposition here in the U.S. and in the U.K. are by and large true there too, which is to say, high labor repair high labor cost, repair costs, vehicle complexity. And frankly, again, emerging and growing international demand for those same wrecked cars. Craig Kennison -- Baird -- Analyst And lastly, how would you frame the conversations you're having today with European insurance carriers versus those conversations maybe a year or two ago, now that you've got sort of assets on the ground and an active platform working in Europe? Jeffrey Liaw -- President Fair question, Craig. I'd characterize this much more productive. It's one thing to discuss analogues to the U.K. and the U.S. in why the economic proposition can or should be compelling, it's another matter to have yards open, people engage, trucks towing cars as well as, by the way, actual sales results at auction, which demonstrate the superior economic outcome. So literally buying cars on the platform they're using and trading them at a profit on the ground in Germany to buyers outside Germany, in many cases, is the most compelling argument of all. Like, which is not, \""Hey, Germany can be like the U.S.\"" It's that Germany on February 19, 2020, February 20, is delivering auction results of XYZ. So the conversations have advanced in part for that reason. Craig Kennison -- Baird -- Analyst Great, thank you. Operator Thank you. Our next question will come from John Healy with North Coast Research. John Healy -- North Coast Research -- Analyst Thank you. I wanted to ask you guys about the comments you made about technology. Clearly, you guys have led the industry for a long time on that front. And when I think about kind of the last few years, I feel like you guys have made some nice upgrades to the buying and selling applications. So I was hoping to understand from a technology standpoint, where you guys are pushing the envelope? And one area that kind of I've always thought about and we talked about that potentially could create service benefits would be if titling with the states could become a little bit more seamless and maybe you guys could develop applications there. So just trying to understand on the back-end side of things. If what technology can bring to the industry. And that said, if you bring technology into the industry, potentially cars move quicker, does that erode some of the economics that you guys have been able to benefit from associated with the storage and the cradling of the vehicle for the extended period of time? Jeffrey Liaw -- President Thanks, John. My answer to you probably will be similar to what I said to Bob, which is that, that is a nonstop investment for us when it comes to technology to improve outcomes, in particular, for our sellers. And for them, outcomes means in the ordinary course, shortening cycle times, allowing them to close claims more quickly, selling the cars, we're titling them we're treating original titles and processing the salvage titles to the states more quickly and, therefore, auctioning them more quickly to a global liquid platform. That there are literally dozens of steps in that process, each of which has its own process and technology to-do list for us internally. So the answer to your question broadly is yes. The technology is by far, our single biggest corporate investment here, besides our land. If you were literally to walk through Copart headquarters and meet with group by group, you'll find the technology group is overwhelmingly the largest in numbers and resource expenditures. So it's it has been a huge part of what we do. We talk about it, frankly, more with our sellers than we do on calls like this, but it is our single biggest corporate investment. John Healy -- North Coast Research -- Analyst Got you. And I would have missed it. I probably did. Did you guys mention what inventories were at the end of the quarter in the U.S.? Jeffrey Liaw -- President Inventory is up 7.5% year-over-year. John Healy -- North Coast Research -- Analyst Great, thank you so much. Jeffrey Liaw -- President Thanks, john. Operator Thank you. Our next question will come from Daniel Imbro with Stephens Inc. Daniel Imbro -- with Stephens Inc. -- Analyst Hey, good morning, guys. Thanks.for taking our questions. Jay, a quick clarifier on your opening comments. Talking about capacity growth and incremental market share, are you seeing incremental market share out there today? Are there any large contracts coming up for RFP in the next year? Or was that just a comment on kind of overall strategy and recent trends? A. Jayson Adair -- Chief Executive Officer Well, we never get into specific clients or talking about whether they're up for tender or up for RFP. But we have succeeded, historically, at having market share wins, and the point I was making was twofold: one, that we have the capacity to do that going forward; and the second was that I anticipate that trend will continue. I think the other thing I was going to add on the previous question, there was a comment about whether or not, if we sell vehicles quicker, if that would be detrimental from a storage standpoint? And for the most part, we benefit when vehicles are sold quicker. Our goal just so that all the investors understand, our goal is to move those vehicles as quickly as possible for the customer so that the vehicle generates a higher return. And storage or storing of the vehicle is an insignificant part of the business, so I wanted to just add some clarity on that. Daniel Imbro -- with Stephens Inc. -- Analyst That's helpful. And then, Jeff, maybe a follow-up. You continue to call out a benefit from this mix shift within noninsurance toward dealer and all fleets away from municipality and charity, how far along in that mix shift are we? Should that continue or have we largely phased out a lot of the legacy municipality charity to where that should be more steady state, kind of going forward? What's the right mix longer-term strategically? Jeffrey Liaw -- President Complicated question. We, of course, value our customers across all of these categories. We just also do face somewhat some resource constraints from time to time and had to make decisions accordingly. I would think of that shift as largely complete. We don't that's the level of detail we wouldn't get into what happened in which quarter and what how deep into the quarter to perfectly model a year-over-year. But I would think that I think of that as largely complete. Daniel Imbro -- with Stephens Inc. -- Analyst That's helpful. And then just one last one for me. Historically, if we look at warm winters, 2012, 2017, there does tend to be some negative impact on volume growth in the coming quarters just due to less accident frequency. Are you guys thinking that this winter should have any kind of impact on your results today in the back half of the year? Or industry dynamic is strong enough to where we shouldn't really see that show up in the business? Jeffrey Liaw -- President Yes, it's a very fair question. We tend with the exception of, of course, extreme weather events, we tend not to talk about weather because it sometimes feels like it's both difficult to quantify and becomes an explanation of that can be become an excuse for factors in the business. I do agree with you that it was, by all measures, a benign winter, higher temperatures, lower precipitation at least across the United States. And that, yes, therefore, that generally means fewer claims at the top of the funnel. Quantifying that precisely, I don't know. Our inventory was up 7.5% year-over-year, nonetheless, so whether that was depressed by temperature's precipitation is a judgment probably better left to others than to me personally. Daniel Imbro -- with Stephens Inc. -- Analyst Thanks, guys. Operator Thank you. Our next question will come from Stephanie Benjamin with SunTrust. Stephanie Benjamin -- SunTrust -- Analyst Hi, good afternoon. Jeff, I was hoping you could talk a little bit more about what you're seeing on the, call it, the pricing, revenue per unit side of the equation. I think you called that another quarter of ASP growth. But on a year-over-year basis, maybe it's a little bit slower from some historical trends. I think some are kind of calling for some declines in used-vehicle pricing this year? I don't know if that's going to materialize or not, but maybe if you could speak to that side of the equation on the pricing and revenue per unit side and what you're seeing in the market? Jeffrey Liaw -- President Thanks, Stephanie. I think in that, I think you're asking really about two different economic phenomenons, one of which is the selling prices for our cars at auction. That itself is a function of both cyclical and secular forces, some of which you mentioned. The cyclical X variables that can affect the selling prices of cars at our auctions, of course, include used car prices, as you noted, currency fluctuations and the like, among other things. The secular forces, we think, are that total loss frequency rises. And at total loss frequency rises, we get more marginal totals, more drivable cars, that would drive ASPs up. So the combination of the two over the very long haul, we think, will drive ASPs up in any individual quarter or year, month, week, day, etc. The projections become perhaps too fine to parse all of those variables. But generally speaking, we believe the secular tailwinds are ultimately net driven. The second part of your question on revenue per unit. That's not something per se that we expressly disclose. We, of course, drive revenue, we drive unit volume as much as we can. Revenue grows also with the addition of services we provide to both sellers and buyers. Stephanie Benjamin -- SunTrust -- Analyst Great. And then I just had a clarification. I know it was asked twice. I apologize for hearing it. But on Germany, did you say that you were testing some consignment models or testing that consignment model with some carriers in Germany? Or did I mishear that twice. So just a clarification. Jeffrey Liaw -- President You heard correctly. We have sold cars on a consignment basis for insurance carriers in Germany. That said, we also continue to purchase cars. So our principal activity is continuing as well as we build the physical infrastructure, people base and technology and talent to serve that industry long term. Stephanie Benjamin -- SunTrust -- Analyst Great, thank you so much. Jeffrey Liaw -- President Thank you. Operator Thank you. Our next question will come from Bret Jordan with Jefferies. Bret Jordan -- Jefferies -- Analyst Good morning guys. When you think about the inventory growth in the quarter, and you had some pretty big share gains last year, is there any way to look at what was the contribution from new customers versus what was core legacy inventory growth? Jeffrey Liaw -- President I would characterize, but I think that's a level of detail we probably wouldn't get into. But I would the way I characterize it is that there was both underlying market growth as well as market share gains in that year-over-year number. Bret Jordan -- Jefferies -- Analyst Okay, great. And I guess, this we don't talk about the scrap pricing anymore. But do you see any impact, I guess, from the Chinese market demand relative to what's going on with coronavirus? Is there any pending volatility on scrap price there? Jeffrey Liaw -- President I'll answer that in two parts. Scrap price maybe effect on Copart, I would say, largely de minimis. So the Chinese buyers in part for regulatory reasons, but are a very tiny portion of our overall sales below 2% when I last checked. So they're not a significant buyer of Copart cars. And that said, Coronavirus, obviously, will not necessarily observe specific national borders. So if it spreads, there could be an effect downstream. But to date, no. Bret Jordan -- Jefferies -- Analyst Okay. And then just one question on Germany. What's the total acreage there? I guess, when you think about the yard size in Germany, I think of it being somewhat smaller than a U.S. Yard, so I guess, is it better to think about it in acres versus locations? Jeffrey Liaw -- President Probably so, though not something we would discuss yet. We are investing in acreage. I think your intuition generally is correct. In that our yards would be smaller today, in part, because we needed to get going. The lead time here in the U.S. and for that matter in Germany to develop a 50-acre parcel for vehicle storage is long, and we weren't willing to wait to do that. So we have gotten achieved operations in a number of facilities there more quickly by starting with smaller facilities, and in some cases, leasing them. Bret Jordan -- Jefferies -- Analyst Okay, great. Thank you. Operator Thank you. Our next question will come from Gary Prestopino with Barrington Research. Gary Prestopino -- Barrington Research -- Analyst Good. Hey, Could you tell me, just as a percentage of the vehicles you're selling, insurance versus noninsurance, how has that mix changed? I mean, what is the current percentage now versus where it was maybe last year? Jeffrey Liaw -- President The current percentage is approximately 21%. And I think a year ago, it was a little bit north of that. There is some seasonality to it I suppose not year-over-year, there's no seasonality. So a year ago, it was 22%, I believe, and now it's 21%, and that's partially a function of the shift within noninsurance that we just talked about a moment ago. Gary Prestopino -- Barrington Research -- Analyst Right. So and one can assume that most of the growth there is dealer cars, correct? And if there is, the growth is of dealer cars. Jeffrey Liaw -- President That is a meaningful source of the growth in our noninsurance business. Yes. Gary Prestopino -- Barrington Research -- Analyst Do you have the capability, and I probably should know this, but I'm asking the question. With the dealer cars, do you have the capability to sell it at the lot their lot? Or do you have to take it to one of your facilities to sell it? Jeffrey Liaw -- President So there are I'd say, probably the safest way to the best way to characterize it is that we are exploring multiple ways to service those automotive dealers, I think, clearly, from their perspective today, our principal value proposition is the buyer base that we offer in comparison to other offerings in the marketplace. For example, we have a global buyer base, we already have the folks looking from all over the world. And that is the value we offer. And how we deliver that and whether, physically, we require a facility or not? Those are all variables that are relatively simpler to manage, quite candidly, Gary. But I think the value proposition side, I think, is clear. And how we deliver it, we are experimenting with a number of different avenues. Gary Prestopino -- Barrington Research -- Analyst Okay, thank you. Operator Thank you. Our next question will come from Derek Glynn with Consumer Edge Research. Derek Glynn -- Consumer Edge Research -- Analyst Yeah, thank you for taking the question. Actually I had a follow-up on the noninsurance business and, specifically, your relationship with the independent dealers. I'm curious how the vehicles sourced from them or that are purchased by them at your auctions differ from their own core inventory offering at retail? Are there any key differences in terms of age or quality? I'm just trying to get a better sense for how they're leveraging your platform? Jeffrey Liaw -- President I think the trends would be hard to draw as they're very broad sweeping ones. But I'd say, in general, of course, if a dealer tends to specialize in brand X and receives a trade-in in brand Y that would be a natural car to process through a Copart or consign through a Copart auction. But I think the financiers are all over the map. And automotive dealers sometimes simply want to achieve near term liquidity and consign a number of cars through us, so you'll see a wide-ranging mix. Sometimes damaged cars are often intact cars that are perfectly drivable, sometimes older cars on their facilities, sometimes newer ones as well. So tough to provide rules of thumb. Derek Glynn -- Consumer Edge Research -- Analyst Great, thank you. Operator [Operator Instructions] Our next question has come from Chris Bottiglieri with Wolf Research. Chris Bottiglieri -- Wolf Research -- Analyst Hey, guys, thanks for the question. Question for you on the European rollout. So it sounds like you've you're proving out the capabilities and the data to the insurers, right, like with actual data and actual service. So besides for like the red tape of highly regulated industry, like what are the other friction points that are preventing insurers from acting more quickly, given what's presumably compelling data? And then two, like once they've made that decision, like how long does it take for them to like change the disposition model and onboard? And like what's kind of like the timeline of conversion once they've decided this model is like a better model? Jeffrey Liaw -- President I think the single biggest barrier, Chris, is simply inertia, which is that, it's an insurance industry that is accustomed to a set of historical practices literally for decades from their interactions with their policyholders all the way back through claims. So the practice habits are difficult to break. I do we do believe that when carriers shift meaningful volume in this direction and improve the policyholder experience, that there certainly should be some momentum that ultimately causes it to accelerate from there. But speculating as to exactly what that conversion time frame is, it's tough to do. But the barrier, I think, is more habits than anything else. Chris Bottiglieri -- Wolf Research -- Analyst That's helpful. And then can you help us think through kind of the capex the implications of capex on kind of yard op cost? Like, I mean, the capex has been super robust lately, but like how does that translate near term? Is there a certain tier, which used to lag? Or how do we like basically translate the capex to yard op cost in the coming quarters or years for that matter? Jeffrey Liaw -- President Maybe if you had access to literally every data point inside our company that would be too noisy, a correlation to try to draw to capex. I'll just give you some directional indications. capex, when we open a new facility is net helpful because we certainly, the new site is closer to some of the seem to be accident or the repair shops, where the cars are being retreated from, so we would achieve immediate savings in terms of the retrieval of the vehicles. We may achieve savings because there are yards that are very congested nearby and, therefore, are incurring extra labor costs and the likes to manage the vehicles inside the facility. However, of course, opening new facilities incurs some level of \""fixed costs,\"" including utilities and telecom, management, labor and the like. So there are puts and takes. I would say across the system, the capex, we are opening enough new facilities, expanding enough current facilities and have done so very steadily that the effect in any given quarter won't be that pronounced. That's one reason you don't hear us discuss. We don't explain gross margin variations or cost variations because the facilities newly opened is now a big enough set of facilities that the opening of any given set in a quarter does not affect the financials visibly anyway from where you sit. Chris Bottiglieri -- Wolf Research -- Analyst That's very helpful. Thank you for the time. Operator Thank you. Our next question will come from Daniel Imbro with Stephens, Inc. Daniel Imbro -- Stephens, Inc -- Analyst Thanks for taking the follow up. Jeff., a quick follow-up on the European market commentary. While the car park is similar, I believe alternative park usage is lower, particularly, in collision repair in Europe. So I guess the question is, is there an existing collision salvage marketplace in Europe to support traditional salvage volume? Or were the units you sell over in Germany or what you're selling in Germany more the run-and-drive vehicles today? Jeffrey Liaw -- President So the your industry observation, I think, is fair, which is that alternative park utilization in Europe is considerably lower here than here in the U.S. That said, there are clearly cars that economically should not be repaired. And so even within Europe today, they will find a home, one way or the other, with their cars that are 110% damage, which you could not possibly justify the repair costs to restore it back to. The economic value proposition for the carriers is that we can help them achieve full and fair value for those salvaged vehicles. Whether it will ultimately fuel dismantling or simply be scrapped altogether or be rebuilt and redriven again somewhere else, we simply help the carriers to achieve that full fair liquid market value instantaneously as opposed to today's traditional path of disposition, which don't do best. But I think your industry observation is fair, but nonetheless, there still there still are many cars that are totaled in Europe to date. Daniel Imbro -- Stephens, Inc -- Analyst Make total sense. Thanks so much. Operator At this time, I am not showing any further questions in the queue. I would like to turn the floor back over to the speakers for closing remarks. A. Jayson Adair -- Chief Executive Officer Okay. Thank you, Samantha. Thank you, everyone, for attending the call. We look forward to reporting Q3 in the next quarter. Thanks so much. Bye-bye. Jeffrey Liaw -- President Thank you, guys. Operator [Operator Closing Remarks] Duration: 45 minutes Call participants: A. Jayson Adair -- Chief Executive Officer Jeffrey Liaw -- President Bob Labick -- CJS Securities -- Analyst Craig Kennison -- Baird -- Analyst John Healy -- North Coast Research -- Analyst Daniel Imbro -- with Stephens Inc. -- Analyst Stephanie Benjamin -- SunTrust -- Analyst Bret Jordan -- Jefferies -- Analyst Gary Prestopino -- Barrington Research -- Analyst Derek Glynn -- Consumer Edge Research -- Analyst Chris Bottiglieri -- Wolf Research -- Analyst Daniel Imbro -- Stephens, Inc -- Analyst More CPRT analysis All earnings call transcripts 10 stocks we like better than Copart When investing geniuses David and Tom Gardner have a stock tip, it can pay to listen. After all, the newsletter they have run for over a decade, Motley Fool Stock Advisor, has tripled the market.* David and Tom just revealed what they believe are the ten best stocks for investors to buy right now... and Copart wasn't one of them! That's right -- they think these 10 stocks are even better buys. See the 10 stocks *Stock Advisor returns as of December 1, 2019 This article is a transcript of this conference call produced for The Motley Fool. While we strive for our Foolish Best, there may be errors, omissions, or inaccuracies in this transcript. As with all our articles, The Motley Fool does not assume any responsibility for your use of this content, and we strongly encourage you to do your own research, including listening to the call yourself and reading the company's SEC filings. Please see our Terms and Conditions for additional details, including our Obligatory Capitalized Disclaimers of Liability. Motley Fool Transcribers has no position in any of the stocks mentioned. The Motley Fool recommends Copart. The Motley Fool has a disclosure policy. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Consumer Sector Update for 02/20/2020: LB,STMP,DPZ,CPRT Top Consumer Stocks WMT -0.06% MCD -0.37% DIS -0.75% CVS +0.51% KO -0.31% Consumer stocks still were narrowly lower heading into Thursday's close, with the shares of consumer staples companies in the S&P 500 slipping 0.1% this afternoon while the shares of consumer discretionary firms in the S&P 500 also were dropping 0.1%. Among consumer stocks moving on news: (-) L Brands (LB) dropped 4% after the retailer Thursday said it will sell a 55% equity stake in its Victoria's Secret store chain to private-equity investors Sycamore Partners for about $525 million. L Brands CEO and board chairman Leslie Wexner also will step down once the transaction closes and will be succeeded by Andrew Meslow, now the chief operating officer at the company's Bath & Body Works segment. In other sector news: (+) Stamps.com (STMP) surged 65% on Thursday after Q4 results topped Wall Street expectations. FY20 revenue also is een exceeding analyst estimates. Excluding one-time items, it earned $2.12 per share on $160.9 million in revenue during the three months ended Dec. 31, breezing past the Capital IQ consensus looking for a $0.98 per share adjusted profit on $142.3 million in revenue. (+) Domino's Pizza (DPZ) climbed nearly 29% to a record high of $381.86 after the restaurant chain reported better-than-expected Q4 financial results and increased its quarterly dividend by 20% compared with its most recent distribution to $0.78 per share. Excluding one-time items, it earned $3.13 per share, up from $2.62 during the same quarter last year, while net sales grew 6.5% to $1.15 billion. Analysts, on average, had been modeling for non-GAAP net income of $2.97 per share on $1.13 billion in sales. (-) Copart (CPRT) slid almost 7% after online vehicle auction company said it earned $0.65 per share during its fiscal Q2 ended Jan. 31, up from $0.52 a year earlier but missing the Capital IQ consensus call by $0.01 per share. Revenue rose to $575.1 million from $484.9 million last year but lagged the $576.1 million Street view. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Stock Alert: Copart Drops 9% (RTTNews) - Shares of online vehicle auctions company Copart, Inc. (CPRT) are falling more than 9% on Thursday morning after second-quarter earnings missed estimates. The stock gapped down more than 7% today morning and is currently trading at $91.30. CPRT has traded in the range of $51.99-$104.88 in the past one year. EPS in the third quarter was $0.71 compared with $0.55 in the same quarter a year ago. Excluding items, adjusted EPS of $0.65 missed average estimates of analysts polled by Thomson Reuters by $0.01. Revenue, increased 18.6% year-over-year to $575.1 million but missed estimates of $576.04 million. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Consumer Sector Update for 02/20/2020: STMP,DPZ,CPRT Top Consumer Stocks WMT -0.17% MCD -1.03% DIS -1.44% CVS -0.72% KO -0.71% Consumer stocks were moderately lower on Thursday, with shares of consumer staples companies in the S&P 500 slipping 0.5% this afternoon while shares of consumer discretionary firms in the S&P 500 were dropping 0.4%. Among consumer stocks moving on news: (+) Stamps.com (STMP) surged 61% on Thursday after Q4 results topped Wall Street expectations. FY20 revenue also is een exceeding analyst estimates. Excluding one-time items, it earned $2.12 per share on $160.9 million in revenue during the three months ended Dec. 31, breezing past the Capital IQ consensus looking for a $0.98 per share adjusted profit on $142.3 million in revenue. In other sector news: (+) Domino's Pizza (DPZ) climbed nearly 29% to a record high of $381.86 after the restaurant chain reported better-than-expected Q4 financial results and increased its quarterly dividend by 20% compared with its most recent distribution to $0.78 per share. Excluding one-time items, it earned $3.13 per share, up from $2.62 during the same quarter last year, while net sales grew 6.5% to $1.15 billion. Analysts, on average, had been modeling for non-GAAP net income of $2.97 per share on $1.13 billion in sales. (-) Copart (CPRT) slid 7.3% after online vehicle auction company said it earned $0.65 per share during its fiscal Q2 ended Jan. 31, up from $0.52 a year earlier but missing the Capital IQ consensus calll by $0.01 per share. Revenue rose to $575.1 million from $484.9 million last year but lagged the $576.1 million Street view. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Copart shares are trading lower after the company reported worse-than-expected Q2 EPS and sales results."", ""50 Stocks Moving in Thursday's Pre-Market Session"", ""Stock Market Mixed On Virus Concerns; Domino's Pizza Surges, While Twitter Nears A New Buy Point"", ""Copart (CPRT) Q2 Earnings Meet Estimates, Sales Top, Up Y/Y""]"
CPRT,2020-02-21,24.2625,24.6,23.6775,23.8125,"[""ClariVest Asset Management LLC Buys Bristol-Myers Squibb Company, Copart Inc, The Trade Desk ..."", ""Baird Maintains Outperform on Copart, Raises Price Target to $100"", ""SunTrust Robinson Humphrey Maintains Buy on Copart, Raises Price Target to $110"", ""SunTrust Robinson Humphrey Maintains Buy on Copart, Raises Price Target to $110"", ""Baird Maintains Outperform on Copart, Raises Price Target to $100"", ""ClariVest Asset Management LLC Buys Bristol-Myers Squibb Company, Copart Inc, The Trade Desk ..."", ""Validea Peter Lynch Strategy Daily Upgrade Report - 2/21/2020 The following are today's upgrades for Validea's P/E/Growth Investor model based on the published strategy of Peter Lynch. This strategy looks for stocks trading at a reasonable price relative to earnings growth that also possess strong balance sheets. SCIPLAY CORP (SCPL) is a small-cap growth stock in the Software & Programming industry. The rating according to our strategy based on Peter Lynch changed from 67% to 74% based on the firm\u2019s underlying fundamentals and the stock\u2019s valuation. A score of 80% or above typically indicates that the strategy has some interest in the stock and a score above 90% typically indicates strong interest. Company Description: SciPlay Corporation developer and publisher of digital games on mobile and Web platforms. The Company has one operating segment with one business activity, developing and monetizing social games. The Company offers seven games, including social casino games Jackpot Party Casino, Gold Fish Casino, Hot Shot Casino and Quick Hit Slots, and casual games MONOPOLY Slots, Bingo Showdown and 88 Fortunes Slots. Its social casino games typically include slots-style play and occasionally include table games-style game play, while its casual games blend slots-style or bingo game play with adventure game features. Its games are offered and played across multiple platforms, including Apple, Google, Facebook and Amazon. The following table summarizes whether the stock meets each of this strategy's tests. Not all criteria in the below table receive equal weighting or are independent, but the table provides a brief overview of the strong and weak points of the security in the context of the strategy's criteria. P/E/GROWTH RATIO: PASS SALES AND P/E RATIO: NEUTRAL INVENTORY TO SALES: FAIL EPS GROWTH RATE: FAIL TOTAL DEBT/EQUITY RATIO: PASS FREE CASH FLOW: BONUS PASS NET CASH POSITION: BONUS PASS For a full detailed analysis using NASDAQ's Guru Analysis tool, click here COPART, INC. (CPRT) is a large-cap growth stock in the Computer Services industry. The rating according to our strategy based on Peter Lynch changed from 87% to 91% based on the firm\u2019s underlying fundamentals and the stock\u2019s valuation. A score of 80% or above typically indicates that the strategy has some interest in the stock and a score above 90% typically indicates strong interest. Company Description: 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. The Company provides vehicle sellers with a range of services to process and sell vehicles primarily over the Internet through its virtual bidding third generation Internet auction-style sales technology (VB3). The Company's service offerings include Online Seller Access, Salvage Estimation Services, Estimating Services, End-Of-Life Vehicle Processing, Virtual Insured Exchange (VIX), Transportation Services, Vehicle Inspection Stations, On-Demand Reporting, Department of Motor Vehicle (DMV) Processing, Flexible Vehicle Processing Programs, Buy It Now, Member Network, Sales Process, Copart Dealer Services, CashForCars.com and U-Pull-It. The following table summarizes whether the stock meets each of this strategy's tests. Not all criteria in the below table receive equal weighting or are independent, but the table provides a brief overview of the strong and weak points of the security in the context of the strategy's criteria. P/E/GROWTH RATIO: PASS SALES AND P/E RATIO: PASS INVENTORY TO SALES: PASS EPS GROWTH RATE: PASS TOTAL DEBT/EQUITY RATIO: PASS FREE CASH FLOW: NEUTRAL NET CASH POSITION: NEUTRAL For a full detailed analysis using NASDAQ's Guru Analysis tool, click here Since its inception, Validea's strategy based on Peter Lynch has returned 423.81% vs. 239.33% for the S&P 500. For more details on this strategy, click here About Peter Lynch: Perhaps the greatest mutual fund manager of all-time, Lynch guided Fidelity Investment's Magellan Fund to a 29.2 percent average annual return from 1977 until his retirement in 1990, almost doubling the S&P 500's 15.8 percent yearly return over that time. Lynch's common sense approach and quick wit made him one of the most quoted investors on Wall Street. (\""Go for a business that any idiot can run -- because sooner or later, any idiot probably is going to run it,\"" is one of his many pearls of wisdom.) Lynch's bestseller One Up on Wall Street is something of a \""stocks for the everyman/everywoman\"", breaking his approach down into easy-to-understand concepts. About Validea: Validea is aninvestment researchservice that follows the published strategies of investment legends. Validea offers both stock analysis and model portfolios based on gurus who have outperformed the market over the long-term, including Warren Buffett, Benjamin Graham, Peter Lynch and Martin Zweig. For more information about Validea, click here The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""SunTrust Robinson Humphrey Maintains Buy on Copart, Raises Price Target to $110"", ""Baird Maintains Outperform on Copart, Raises Price Target to $100"", ""ClariVest Asset Management LLC Buys Bristol-Myers Squibb Company, Copart Inc, The Trade Desk ...""]"
CPRT,2020-02-24,23.2,23.6475,22.94,23.1925,
CPRT,2020-02-25,23.2375,23.3488,22.0,22.235,
CPRT,2020-02-26,22.4575,23.03,21.9925,22.09,
CPRT,2020-02-27,21.705,22.05,21.1325,21.1475,
CPRT,2020-02-28,20.205,21.155,19.9805,21.12,"[""CPRT Crosses Below Key Moving Average Level In trading on Friday, shares of Copart Inc (Symbol: CPRT) crossed below their 200 day moving average of $83.09, changing hands as low as $79.92 per share. Copart Inc shares are currently trading down about 2.5% on the day. The chart below shows the one year performance of CPRT shares, versus its 200 day moving average: Looking at the chart above, CPRT's low point in its 52 week range is $57.50 per share, with $104.88 as the 52 week high point \u2014 that compares with a last trade of $82.96. The CPRT DMA information above was sourced from TechnicalAnalysisChannel.com Click here to find out which 9 other stocks recently crossed below their 200 day moving average \u00bb The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Notable Friday Option Activity: MMM, MCK, CPRT Among the underlying components of the S&P 500 index, we saw noteworthy options trading volume today in 3M Co (Symbol: MMM), where a total of 53,027 contracts have traded so far, representing approximately 5.3 million underlying shares. That amounts to about 141.5% of MMM's average daily trading volume over the past month of 3.7 million shares. Especially high volume was seen for the $165 strike call option expiring April 17, 2020, with 3,403 contracts trading so far today, representing approximately 340,300 underlying shares of MMM. Below is a chart showing MMM's trailing twelve month trading history, with the $165 strike highlighted in orange: McKesson Corp (Symbol: MCK) options are showing a volume of 34,432 contracts thus far today. That number of contracts represents approximately 3.4 million underlying shares, working out to a sizeable 91% of MCK's average daily trading volume over the past month, of 3.8 million shares. Especially high volume was seen for the $200 strike call option expiring March 20, 2020, with 15,008 contracts trading so far today, representing approximately 1.5 million underlying shares of MCK. Below is a chart showing MCK's trailing twelve month trading history, with the $200 strike highlighted in orange: And Copart Inc (Symbol: CPRT) saw options trading volume of 17,098 contracts, representing approximately 1.7 million underlying shares or approximately 85.2% of CPRT's average daily trading volume over the past month, of 2.0 million shares. Particularly high volume was seen for the $85 strike call option expiring August 21, 2020, with 8,080 contracts trading so far today, representing approximately 808,000 underlying shares of CPRT. Below is a chart showing CPRT's trailing twelve month trading history, with the $85 strike highlighted in orange: For the various different available expirations for MMM options, MCK options, or CPRT options, visit StockOptionsChannel.com. Today's Most Active Call & Put Options of the S&P 500 \u00bb The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.""]"
CPRT,2020-03-02,21.03,21.7225,20.5325,21.6725,
CPRT,2020-03-03,21.415,22.035,20.8575,20.94,
CPRT,2020-03-04,21.2225,21.76,20.9075,21.7475,
CPRT,2020-03-05,21.1775,21.3825,20.6138,20.88,
CPRT,2020-03-06,19.9725,20.5162,19.65,20.0475,"[""Shares of several companies in the broader industrial sector are trading lower amid the global coronavirus outbreak, which has hampered global economic outlook for the sector."", ""Shares of several companies in the broader industrial sector are trading lower amid the global coronavirus outbreak, which has hampered global economic outlook for the sector."", ""Surprising Analyst 12-Month Target For QQXT Looking at the underlying holdings of the ETFs in our coverage universe at ETF Channel, we have compared the trading price of each holding against the average analyst 12-month forward target price, and computed the weighted average implied analyst target price for the ETF itself. For the First Trust NASDAQ-100 Ex-Technology Sector Index Fund ETF (Symbol: QQXT), we found that the implied analyst target price for the ETF based upon its underlying holdings is $64.69 per unit. With QQXT trading at a recent price near $56.90 per unit, that means that analysts see 13.70% upside for this ETF looking through to the average analyst targets of the underlying holdings. Three of QQXT's underlying holdings with notable upside to their analyst target prices are lululemon athletica inc (Symbol: LULU), Copart Inc (Symbol: CPRT), and MercadoLibre Inc (Symbol: MELI). Although LULU has traded at a recent price of $221.19/share, the average analyst target is 14.25% higher at $252.71/share. Similarly, CPRT has 14.16% upside from the recent share price of $83.51 if the average analyst target price of $95.33/share is reached, and analysts on average are expecting MELI to reach a target price of $716.50/share, which is 14.11% above the recent price of $627.88. Below is a twelve month price history chart comparing the stock performance of LULU, CPRT, and MELI: Below is a summary table of the current analyst target prices discussed above: NAME SYMBOL RECENT PRICE AVG. ANALYST 12-MO. TARGET % UPSIDE TO TARGET First Trust NASDAQ-100 Ex-Technology Sector Index Fund ETF QQXT $56.90 $64.69 13.70% lululemon athletica inc LULU $221.19 $252.71 14.25% Copart Inc CPRT $83.51 $95.33 14.16% MercadoLibre Inc MELI $627.88 $716.50 14.11% Are analysts justified in these targets, or overly optimistic about where these stocks will be trading 12 months from now? Do the analysts have a valid justification for their targets, or are they behind the curve on recent company and industry developments? A high price target relative to a stock's trading price can reflect optimism about the future, but can also be a precursor to target price downgrades if the targets were a relic of the past. These are questions that require further investor research. 10 ETFs With Most Upside To Analyst Targets \u00bb The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Shares of several companies in the broader industrial sector are trading lower amid the global coronavirus outbreak, which has hampered global economic outlook for the sector.""]"
CPRT,2020-03-09,18.535,19.4199,18.385,18.9775,
CPRT,2020-03-10,19.385,19.76,18.6575,19.76,
CPRT,2020-03-11,19.2075,19.45,18.5175,18.9325,"[""Baird Maintains Outperform on Copart, Lowers Price Target to $90"", ""Baird Maintains Outperform on Copart, Lowers Price Target to $90"", ""Baird Maintains Outperform on Copart, Lowers Price Target to $90""]"
CPRT,2020-03-12,17.765,18.4775,17.19,17.2125,
CPRT,2020-03-13,18.0525,18.485,17.1225,18.46,
CPRT,2020-03-16,16.5,17.69,15.6925,16.6425,
CPRT,2020-03-17,16.8975,17.5575,16.08,17.3825,
CPRT,2020-03-18,16.3125,16.845,14.935,16.7975,"[""Shares of several industrial companies are trading lower as equities sell-off amid continued global coronavirus concerns. The virus has caused global economic disruption and negatively impacted stocks across sectors."", ""Shares of several industrial companies are trading lower as equities sell-off amid continued global coronavirus concerns. The virus has caused global economic disruption and negatively impacted stocks across sectors."", ""Copart Becomes Oversold (CPRT) Legendary investor Warren Buffett advises to be fearful when others are greedy, and be greedy when others are fearful. One way we can try to measure the level of fear in a given stock is through a technical analysis indicator called the Relative Strength Index, or RSI, which measures momentum on a scale of zero to 100. A stock is considered to be oversold if the RSI reading falls below 30. In trading on Wednesday, shares of Copart Inc (Symbol: CPRT) entered into oversold territory, hitting an RSI reading of 26.9, after changing hands as low as $61.71 per share. By comparison, the current RSI reading of the S&P 500 ETF (SPY) is 33.4. A bullish investor could look at CPRT's 26.9 RSI reading today as a sign that the recent heavy selling is in the process of exhausting itself, and begin to look for entry point opportunities on the buy side. The chart below shows the one year performance of CPRT shares: Looking at the chart above, CPRT's low point in its 52 week range is $58.67 per share, with $104.88 as the 52 week high point \u2014 that compares with a last trade of $62.62. Find out what 9 other oversold stocks you need to know about \u00bb The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Shares of several industrial companies are trading lower as equities sell-off amid continued global coronavirus concerns. The virus has caused global economic disruption and negatively impacted stocks across sectors.""]"
CPRT,2020-03-19,16.6325,18.0425,15.84,17.4975,"[""Shares of several industrial companies are trading lower amid continued global coronavirus concerns. The virus has caused global economic disruption and negatively impacted supply chains for many companies. UPDATE: Trading has since reversed."", ""Shares of several industrial companies are trading lower amid continued global coronavirus concerns. The virus has caused global economic disruption and negatively impacted supply chains for many companies. UPDATE: Trading has since reversed."", ""Shares of several industrial companies are trading lower amid continued global coronavirus concerns. The virus has caused global economic disruption and negatively impacted supply chains for many companies. UPDATE: Trading has since reversed.""]"
CPRT,2020-03-20,17.8725,18.3675,14.9375,15.0375,
CPRT,2020-03-23,15.0,15.0325,13.9225,14.695,"[""36 Stocks Moving in Monday's Pre-Market Session"", ""Stocks That Hit 52-Week Lows On Monday"", ""Stocks That Hit 52-Week Lows On Monday"", ""36 Stocks Moving in Monday's Pre-Market Session"", ""Stocks That Hit 52-Week Lows On Monday"", ""36 Stocks Moving in Monday's Pre-Market Session""]"
CPRT,2020-03-24,15.45,17.3562,15.408,17.245,"Why CarMax, Copart, and Carvana Stocks Are Soaring Tuesday What happened Failure by Washington legislators to pass a $1 trillion-plus coronavirus relief package Monday sent stocks tumbling -- but the prospect that they'll get the job done today is having the opposite effect. As of noon Tuesday, the S&P 500 is up 7.77%, and some individual stocks are doing much, much better than that. Shares of used-car superstore CarMax (NYSE: KMX), for example, are already up 10.9%. ""Salvaged"" car auctioneer Copart (NASDAQ: CPRT) has gained 14.7%. Carvana (NYSE: CVNA), which buys and sells cars over the internet, is doing best of all -- up 30.2%! Image source: Getty Images. So what Why these three car stocks in particular? Well consider that two of the three, Copart and Carvana, operate largely online and are therefore largely insulated from the risk of both coronavirus contagion and being shuttered by government shutdown orders designed to slow the spread of the virus. CarMax, too, has a substantial internet-based sales operation. And even its physical stores may well be exempt from bans on the operation of ""nonessential"" businesses -- inasmuch as they facilitate an essential transportation service. Instead of shutting down entirely, CarMax has ""temporarily closed"" 45 of its 200-odd stores and instituted a raft of rules to minimize the risk of spreading Coronavirus at those still open. (Rule No. 1: CarMax is now ""handshake-free."") Now what So all three of these businesses remain in operation, albeit probably at a depressed pace because of the generally downbeat tone of consumers these days -- and their preoccupation with securing immediate essentials such as food, hand sanitizer, and toilet paper. Logically, at a time like this, consumers will put off thoughts of car shopping if possible and focus on the bare necessities. In a few weeks, however, these consumers could begin receiving government checks aimed at both tiding them over through the quarantine period and spurring a resumption of consumption on the other side of the recession. Car companies would be logical beneficiaries of the sudden influx of large amounts of cash into the economy. And that's what shares of CarMax, Copart, and Carvana are going up today. 10 stocks we like better than CarMax When investing geniuses David and Tom Gardner have a stock tip, it can pay to listen. After all, the newsletter they have run for over a decade, Motley Fool Stock Advisor, has tripled the market.* David and Tom just revealed what they believe are the ten best stocks for investors to buy right now... and CarMax wasn't one of them! That's right -- they think these 10 stocks are even better buys. See the 10 stocks *Stock Advisor returns as of March 18, 2020 Rich Smith has no position in any of the stocks mentioned. The Motley Fool recommends CarMax and Copart. The Motley Fool has a disclosure policy. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
CPRT,2020-03-25,17.0925,18.7325,16.6825,17.8975,"[""Copart Shows Market Leadership With Jump To 81 RS Rating"", ""Copart Shows Market Leadership With Jump To 81 RS Rating"", ""Copart Shows Market Leadership With Jump To 81 RS Rating""]"
CPRT,2020-03-26,18.125,18.8875,17.21,18.14,
CPRT,2020-03-27,17.53,17.9875,17.475,17.575,"[""Shares of several companies in the broader industrial sector are trading lower as markets sell off following this week's strength. Despite US stimulus efforts, macro concerns still persist due to the coronavirus."", ""Shares of several companies in the broader industrial sector are trading lower as markets sell off following this week's strength. Despite US stimulus efforts, macro concerns still persist due to the coronavirus."", ""Interesting CPRT Put And Call Options For November 20th Investors in Copart Inc (Symbol: CPRT) saw new options begin trading this week, for the November 20th expiration. One of the key inputs that goes into the price an option buyer is willing to pay, is the time value, so with 238 days until expiration the newly trading contracts represent a potential opportunity for sellers of puts or calls to achieve a higher premium than would be available for the contracts with a closer expiration. At Stock Options Channel, our YieldBoost formula has looked up and down the CPRT options chain for the new November 20th contracts and identified one put and one call contract of particular interest. The put contract at the $60.00 strike price has a current bid of $7.20. If an investor was to sell-to-open that put contract, they are committing to purchase the stock at $60.00, but will also collect the premium, putting the cost basis of the shares at $52.80 (before broker commissions). To an investor already interested in purchasing shares of CPRT, that could represent an attractive alternative to paying $70.86/share today. Because the $60.00 strike represents an approximate 15% discount to the current trading price of the stock (in other words it is out-of-the-money by that percentage), there is also the possibility that the put contract would expire worthless. The current analytical data (including greeks and implied greeks) suggest the current odds of that happening are 76%. Stock Options Channel will track those odds over time to see how they change, publishing a chart of those numbers on our website under the contract detail page for this contract. Should the contract expire worthless, the premium would represent a 12.00% return on the cash commitment, or 18.40% annualized \u2014 at Stock Options Channel we call this the YieldBoost. Below is a chart showing the trailing twelve month trading history for Copart Inc, and highlighting in green where the $60.00 strike is located relative to that history: Turning to the calls side of the option chain, the call contract at the $75.00 strike price has a current bid of $10.20. If an investor was to purchase shares of CPRT stock at the current price level of $70.86/share, and then sell-to-open that call contract as a \""covered call,\"" they are committing to sell the stock at $75.00. Considering the call seller will also collect the premium, that would drive a total return (excluding dividends, if any) of 20.24% if the stock gets called away at the November 20th expiration (before broker commissions). Of course, a lot of upside could potentially be left on the table if CPRT shares really soar, which is why looking at the trailing twelve month trading history for Copart Inc, as well as studying the business fundamentals becomes important. Below is a chart showing CPRT's trailing twelve month trading history, with the $75.00 strike highlighted in red: Considering the fact that the $75.00 strike represents an approximate 6% premium to the current trading price of the stock (in other words it is out-of-the-money by that percentage), there is also the possibility that the covered call contract would expire worthless, in which case the investor would keep both their shares of stock and the premium collected. The current analytical data (including greeks and implied greeks) suggest the current odds of that happening are 51%. On our website under the contract detail page for this contract, Stock Options Channel will track those odds over time to see how they change and publish a chart of those numbers (the trading history of the option contract will also be charted). Should the covered call contract expire worthless, the premium would represent a 14.39% boost of extra return to the investor, or 22.07% annualized, which we refer to as the YieldBoost. The implied volatility in the put contract example is 72%, while the implied volatility in the call contract example is 60%. Meanwhile, we calculate the actual trailing twelve month volatility (considering the last 252 trading day closing values as well as today's price of $70.86) to be 38%. For more put and call options contract ideas worth looking at, visit StockOptionsChannel.com. Top YieldBoost Calls of the Nasdaq 100 \u00bb The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Shares of several companies in the broader industrial sector are trading lower as markets sell off following this week's strength. Despite US stimulus efforts, macro concerns still persist due to the coronavirus.""]"
CPRT,2020-03-30,17.53,18.1,17.405,17.96,
CPRT,2020-03-31,17.6762,17.8425,17.0,17.13,
CPRT,2020-04-01,16.2275,16.635,15.8,16.1975,"[""Shares of several industrial companies are trading lower amid market weakness as macro concerns continue to grow as a result of the coronavirus pandemic. The White House said it expects a surge in coronavirus cases over the next 2 weeks."", ""Shares of several industrial companies are trading lower amid market weakness as macro concerns continue to grow as a result of the coronavirus pandemic. The White House said it expects a surge in coronavirus cases over the next 2 weeks."", ""Shares of several industrial companies are trading lower amid market weakness as macro concerns continue to grow as a result of the coronavirus pandemic. The White House said it expects a surge in coronavirus cases over the next 2 weeks.""]"
CPRT,2020-04-02,15.905,16.5625,15.75,16.1025,
CPRT,2020-04-03,16.03,16.03,15.3775,15.45,"[""Video: 4 Large-Cap Stocks With Strong Buffett-Munger Characteristics"", ""Video: 4 Large-Cap Stocks With Strong Buffett-Munger Characteristics"", ""Video: 4 Large-Cap Stocks With Strong Buffett-Munger Characteristics"", ""3 S&P sectors climbed this week \u2014 here are the stocks that rose and fell the most Investors anticipate an oil production deal between Saudi Arabia and Russia Investors anticipate an oil production deal between Saudi Arabia and Russia.""]"
CPRT,2020-04-06,16.27,16.44,15.8675,16.3475,"[""Shares of several industrial companies are trading higher with the broader market on optimism that coronavirus cases in several US hotspots appear to be reaching their peak."", ""Shares of several industrial companies are trading higher with the broader market on optimism that coronavirus cases in several US hotspots appear to be reaching their peak."", ""Shares of several industrial companies are trading higher with the broader market on optimism that coronavirus cases in several US hotspots appear to be reaching their peak.""]"
CPRT,2020-04-07,16.96,18.0625,16.6762,17.475,"[""Shares of several industrial companies are trading higher amid optimism that coronavirus cases in Asia are potentially easing. Strength may also be attributed to optimism that coronavirus cases in several US hotspots appear to be reaching their peak."", ""Shares of several industrial companies are trading higher amid optimism that coronavirus cases in Asia are potentially easing. Strength may also be attributed to optimism that coronavirus cases in several US hotspots appear to be reaching their peak."", ""Stock Alert: Copart Rises 7% (RTTNews) - Shares of online vehicle auction and re marketing services provider Copart, Inc. (CPRT) are climbing more than 7% Tuesday morning at $70.22. There are no company-specific news to drive the stock up. Before the coronavirus pandemic hitting the market, Copart shares had touched an all time high of $104.88 in February. It has recorded a 52-week low of $55.69 in March. U.S. stocks are rising on Tuesday following news the spread of the coronavirus is slowing in hot spots like New York. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Look Under The Hood: QLD Has 16% Upside Looking at the underlying holdings of the ETFs in our coverage universe at ETF Channel, we have compared the trading price of each holding against the average analyst 12-month forward target price, and computed the weighted average implied analyst target price for the ETF itself. For the ProShares ProShares Ultra QQQ ETF (Symbol: QLD), we found that the implied analyst target price for the ETF based upon its underlying holdings is $110.40 per unit. With QLD trading at a recent price near $94.85 per unit, that means that analysts see 16.39% upside for this ETF looking through to the average analyst targets of the underlying holdings. Three of QLD's underlying holdings with notable upside to their analyst target prices are Copart Inc (Symbol: CPRT), MercadoLibre Inc (Symbol: MELI), and Cisco Systems Inc (Symbol: CSCO). Although CPRT has traded at a recent price of $65.39/share, the average analyst target is 38.51% higher at $90.57/share. Similarly, MELI has 33.80% upside from the recent share price of $506.16 if the average analyst target price of $677.22/share is reached, and analysts on average are expecting CSCO to reach a target price of $50.00/share, which is 20.69% above the recent price of $41.43. Below is a twelve month price history chart comparing the stock performance of CPRT, MELI, and CSCO: Below is a summary table of the current analyst target prices discussed above: NAME SYMBOL RECENT PRICE AVG. ANALYST 12-MO. TARGET % UPSIDE TO TARGET ProShares ProShares Ultra QQQ ETF QLD $94.85 $110.40 16.39% Copart Inc CPRT $65.39 $90.57 38.51% MercadoLibre Inc MELI $506.16 $677.22 33.80% Cisco Systems Inc CSCO $41.43 $50.00 20.69% Are analysts justified in these targets, or overly optimistic about where these stocks will be trading 12 months from now? Do the analysts have a valid justification for their targets, or are they behind the curve on recent company and industry developments? A high price target relative to a stock's trading price can reflect optimism about the future, but can also be a precursor to target price downgrades if the targets were a relic of the past. These are questions that require further investor research. 10 ETFs With Most Upside To Analyst Targets \u00bb The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Shares of several industrial companies are trading higher amid optimism that coronavirus cases in Asia are potentially easing. Strength may also be attributed to optimism that coronavirus cases in several US hotspots appear to be reaching their peak.""]"
CPRT,2020-04-08,17.35,18.195,17.2238,17.995,"[""Copart Trying To Close In On Key Technical Measure"", ""Copart Trying To Close In On Key Technical Measure"", ""Copart Trying To Close In On Key Technical Measure""]"
CPRT,2020-04-09,18.4825,19.2775,18.365,18.7475,"[""Long-Term Leaders Bounce Back And Set Up"", ""Jefferies Upgrades Copart to Buy"", ""Jefferies Upgrades Copart to Buy"", ""Long-Term Leaders Bounce Back And Set Up"", ""Jefferies Upgrades Copart to Buy"", ""Long-Term Leaders Bounce Back And Set Up""]"
CPRT,2020-04-13,18.645,18.7175,17.6425,17.6675,"[""Shares of several industrial companies are trading lower amid overall market weakness. The coronavirus has caused global macro disruption, which has been a negative catalyst for the sector as output and investment outlook is hampered."", ""Shares of several industrial companies are trading lower amid overall market weakness. The coronavirus has caused global macro disruption, which has been a negative catalyst for the sector as output and investment outlook is hampered."", ""Shares of several industrial companies are trading lower amid overall market weakness. The coronavirus has caused global macro disruption, which has been a negative catalyst for the sector as output and investment outlook is hampered.""]"
CPRT,2020-04-14,18.0,18.1325,17.685,17.785,
CPRT,2020-04-15,17.4275,17.79,17.1075,17.5225,"[""Shares of several industrial companies are trading lower as equities fall amid mixed earnings results from banks, a significant decline in the price of oil and worse than expected retail sales in March."", ""Shares of several industrial companies are trading lower as equities fall amid mixed earnings results from banks, a significant decline in the price of oil and worse than expected retail sales in March."", ""Shares of several industrial companies are trading lower as equities fall amid mixed earnings results from banks, a significant decline in the price of oil and worse than expected retail sales in March.""]"
CPRT,2020-04-16,17.545,17.6725,17.0875,17.2875,"[""Stephens & Co. Maintains Equal-Weight on Copart, Lowers Price Target to $73"", ""Stephens & Co. Maintains Equal-Weight on Copart, Lowers Price Target to $73"", ""Stephens & Co. Maintains Equal-Weight on Copart, Lowers Price Target to $73""]"
CPRT,2020-04-17,17.805,18.265,17.7925,18.025,"[""Shares of several industrial companies are trading higher as investor coronavirus outlook improves following positive drug data from Gilead. Hopes of a successful treatment candidate have improved the outlook for a rebound in the economy."", ""Shares of several industrial companies are trading higher as investor coronavirus outlook improves following positive drug data from Gilead. Hopes of a successful treatment candidate have improved the outlook for a rebound in the economy."", ""Shares of several industrial companies are trading higher as investor coronavirus outlook improves following positive drug data from Gilead. Hopes of a successful treatment candidate have improved the outlook for a rebound in the economy.""]"
CPRT,2020-04-20,17.62,17.745,17.0075,17.1575,"[""Ave Maria Growth Fund Excels With Do-Good Stocks"", ""Ave Maria Growth Fund Excels With Do-Good Stocks"", ""Ave Maria Growth Fund Excels With Do-Good Stocks""]"
CPRT,2020-04-21,16.75,16.8975,16.4201,16.5362,"[""Shares of several industrial companies are trading lower as markets dip after oil prices fell to historic lows, partially stemming from weak demand caused by the coronavirus pandemic."", ""Shares of several industrial companies are trading lower as markets dip after oil prices fell to historic lows, partially stemming from weak demand caused by the coronavirus pandemic."", ""Shares of several industrial companies are trading lower as markets dip after oil prices fell to historic lows, partially stemming from weak demand caused by the coronavirus pandemic."", ""No One Is Driving, but Here Are 8 Car Stocks to Buy Automotive shares have been hit hard. But the coronavirus-induced auto turmoil is creating some opportunities to pick up car stocks at a discount.""]"
CPRT,2020-04-22,16.8525,17.1425,16.6075,17.02,"Used-Car Prices Cratered. Here’s What That Means for the Auto Universe. As if things weren’t bad enough for the auto industry, now used-car prices have gone off the road. That creates more pressure in several areas of the automotive value chain."
CPRT,2020-04-23,17.2625,17.4,17.0325,17.21,"[""JP Morgan Upgrades Copart to Neutral, Announces $65 Price Target"", ""Benzinga's Top Upgrades, Downgrades For April 23, 2020"", ""Benzinga's Top Upgrades, Downgrades For April 23, 2020"", ""JP Morgan Upgrades Copart to Neutral, Announces $65 Price Target"", ""Benzinga's Top Upgrades, Downgrades For April 23, 2020"", ""JP Morgan Upgrades Copart to Neutral, Announces $65 Price Target""]"
CPRT,2020-04-24,17.4425,18.56,17.2,18.4575,
CPRT,2020-04-27,18.655,19.0825,18.3875,19.0175,"[""Shares of several industrial companies are trading higher as equities gain strength on news that some U.S. states will reopen their economies in phases, increasing economic activity and optimism around the coronavirus pandemic."", ""Shares of several industrial companies are trading higher as equities gain strength on news that some U.S. states will reopen their economies in phases, increasing economic activity and optimism around the coronavirus pandemic."", ""Shares of several industrial companies are trading higher as equities gain strength on news that some U.S. states will reopen their economies in phases, increasing economic activity and optimism around the coronavirus pandemic.""]"
CPRT,2020-04-28,19.3675,20.2725,19.3562,20.1625,"[""Torray LLC Buys Bristol-Myers Squibb Company, Sysco Corp, DuPont de Nemours Inc, Sells General ..."", ""Torray LLC Buys Bristol-Myers Squibb Company, Sysco Corp, DuPont de Nemours Inc, Sells General ..."", ""Torray LLC Buys Bristol-Myers Squibb Company, Sysco Corp, DuPont de Nemours Inc, Sells General ...""]"
CPRT,2020-04-29,20.9625,20.9625,20.4525,20.7525,"[""IBD Rating Upgrades: Copart Shows Improved Price Strength"", ""IBD Rating Upgrades: Copart Shows Improved Price Strength"", ""IBD Rating Upgrades: Copart Shows Improved Price Strength""]"
CPRT,2020-04-30,20.4775,20.6687,19.9088,20.0275,"[""Torray LLC Buys Bristol-Myers Squibb Company, Sysco Corp, DuPont de Nemours Inc, Sells General ..."", ""Torray LLC Buys Bristol-Myers Squibb Company, Sysco Corp, DuPont de Nemours Inc, Sells General ..."", ""Copart Reaches Analyst Target Price In recent trading, shares of Copart Inc (Symbol: CPRT) have crossed above the average analyst 12-month target price of $83.00, changing hands for $83.01/share. When a stock reaches the target an analyst has set, the analyst logically has two ways to react: downgrade on valuation, or, re-adjust their target price to a higher level. Analyst reaction may also depend on the fundamental business developments that may be responsible for driving the stock price higher \u2014 if things are looking up for the company, perhaps it is time for that target price to be raised. There are 7 different analyst targets contributing to that average for Copart Inc, but the average is just that \u2014 a mathematical average. There are analysts with lower targets than the average, including one looking for a price of $65.00. And then on the other side of the spectrum one analyst has a target as high as $110.00. The standard deviation is $14.787. But the whole reason to look at the average CPRT price target in the first place is to tap into a \""wisdom of crowds\"" effort, putting together the contributions of all the individual minds who contributed to the ultimate number, as opposed to what just one particular expert believes. And so with CPRT crossing above that average target price of $83.00/share, investors in CPRT have been given a good signal to spend fresh time assessing the company and deciding for themselves: is $83.00 just one stop on the way to an even higher target, or has the valuation gotten stretched to the point where it is time to think about taking some chips off the table? Below is a table showing the current thinking of the analysts that cover Copart Inc: RECENT CPRT ANALYST RATINGS BREAKDOWN \u00bb Current 1 Month Ago 2 Month Ago 3 Month Ago Strong buy ratings: 5 4 3 3 Buy ratings: 0 0 0 0 Hold ratings: 3 3 4 4 Sell ratings: 0 0 0 0 Strong sell ratings: 0 1 1 1 Average rating: 1.75 2.25 2.5 2.5 The average rating presented in the last row of the above table above is from 1 to 5 where 1 is Strong Buy and 5 is Strong Sell. This article used data provided by Zacks Investment Research via Quandl.com. Get the latest Zacks research report on CPRT \u2014 FREE. The Top 25 Broker Analyst Picks of the S&P 500 \u00bb The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Torray LLC Buys Bristol-Myers Squibb Company, Sysco Corp, DuPont de Nemours Inc, Sells General ...""]"
CPRT,2020-05-01,19.6425,20.0,19.485,19.6375,
CPRT,2020-05-04,19.3875,19.53,19.07,19.5,"[""Provident Investment Management, Inc. Buys Microsoft Corp, IAC/InterActiveCorp, Synnex Corp, ..."", ""Provident Investment Management, Inc. Buys Microsoft Corp, IAC/InterActiveCorp, Synnex Corp, ..."", ""Why Shares of Carvana, AutoNation, and Copart Surged in April What happened Shares of several companies related to the business of selling cars surged in April, as investors sought out companies that were well situated to weather the coronavirus pandemic and its likely economic aftermath. Here's how each of these companies' stock prices fared in April, according to data provided by S&P Global Market Intelligence. AutoNation (NYSE: AN) was up 32.7%. Carvana (NYSE: CVNA) was up 45.4%. Copart (NASDAQ: CPRT) was up 16.9%. ^SPX data by YCharts. Chart shows price changes from the market's close on March 31 through close on April 30, 2020. So what Before we dive into specifics about these three companies, here's some context for their stocks' big rallies in April: They all got clobbered, along with much of the rest of the market, in March. While their performance in April was very good, all three still trail the S&P 500 Index year-to-date through April 30. ^SPX data by YCharts. Chart shows price changes from January 1 through April 30, 2020. But with that note, it's still worth asking: How did all three of these companies surge in April, a month when U.S. auto sales were probably down by more than 50%? The answer is pretty simple. Salvaged-car auctioneer Copart and used-car seller Carvana do much of their business online, ideal for an extended period of sheltering-in-place to slow the spread of the COVID-19 virus. AutoNation, which owns more than 360 new- and used-car dealerships, also makes many of its sales via its comprehensive website and was better-prepared than most dealership groups for socially distanced auto sales. Image source: Carvana Co. Beyond that general observation, here are the key events that might have moved these stocks in April. AutoNation On April 12, AutoNation announced that CEO Cheryl Miller, who took the top job in July of 2019, is taking an extended leave of absence for health reasons. Chairman and former CEO Mike Jackson and Chief Operating Officer Jim Bender have stepped in to lead the company during her absence. In a note on April 27, Northcoast analyst John Healy upgraded AutoNation to Buy, from Neutral, with a price target of $40. He thinks low interest rates and possible stimulus programs could drive sales that outperform expectations, while its parts and service operations cover most of its dealers' fixed costs. Carvana Carvana ended the month of March by withdrawing its 2020 guidance, announcing a series of cost reductions, and raising $600 million in cash via the direct sale of stock to existing investors. On April 6, it said that it will allow customers 90 days to make their first loan payment. In a note on April 9, Wells Fargo analyst Zachary Fadem reiterated the equivalent of a Buy rating on the stock while boosting his price target to $75, from $50. Fadem raised his price target again, to $95, in a follow-up note on April 21. Taking a different view in a note on April 22, Morgan Stanely analyst Armintas Sinkevicius cut his price target on Carvana to $25, from $27, while maintaining the equivalent of a Sell rating on the stock. While acknowledging that Carvana's recent capital raise reduces the downside risk, he still thinks that Carvana will fall short of consensus sales estimates in 2020. Copart Copart itself said little in April. It had said in a regulatory filing on March 19 that it drew down its lines of credit iand had more than $1 billion in cash on hand as of that date. In a note on April 9, Jeffries analyst Bret Jordan upgraded Copart to Buy, from Hold, with a price target of $84. Jordan wrote that while COVID-190 will disrupt operations in the near term, he remains bullish on long-term trends in the automotive aftermarket -- and he thinks that supplies of damaged cars could rise if roads are congested while people avoid public transit during the post-virus recovery. In a note on April 23, J.P. Morgan analyst Ryan Brinkman upgraded Copart to Neutral, from the equivalent of Sell, with a $65 price target. He thinks the company's prospects (and shares) could rise as buyers return to auto dealers after stay-at-home orders are lifted. Now what Auto investors won't have to wait long for detailed updates, as all three companies are likely to report earnings in may. Carvana is up soon: It'll report its first-quarter earnings result on Wednesday, May 6. As of right now, AutoNation and Copart haven't yet announced dates for their next earnings reports, but both typically report before the end of May. 10 stocks we like better than AutoNation When investing geniuses David and Tom Gardner have a stock tip, it can pay to listen. After all, the newsletter they have run for over a decade, Motley Fool Stock Advisor, has tripled the market.* David and Tom just revealed what they believe are the ten best stocks for investors to buy right now... and AutoNation wasn't one of them! That's right -- they think these 10 stocks are even better buys. See the 10 stocks *Stock Advisor returns as of April 16, 2020 John Rosevear has no position in any of the stocks mentioned. The Motley Fool recommends Copart. The Motley Fool has a disclosure policy. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Provident Investment Management, Inc. Buys Microsoft Corp, IAC/InterActiveCorp, Synnex Corp, ...""]"
CPRT,2020-05-05,19.6775,20.1588,19.5825,19.905,
CPRT,2020-05-06,19.8875,20.365,19.845,20.0325,
CPRT,2020-05-07,20.3825,20.59,20.255,20.3875,
CPRT,2020-05-08,20.72,21.0125,20.545,20.9475,"[""William Blair Investment Management, Llc Buys TAL Education Group, Masimo Corp, Mercury Systems ..."", ""William Blair Investment Management, Llc Buys TAL Education Group, Masimo Corp, Mercury Systems ..."", ""William Blair Investment Management, Llc Buys TAL Education Group, Masimo Corp, Mercury Systems ...""]"
CPRT,2020-05-11,20.865,20.9775,20.545,20.7,
CPRT,2020-05-12,21.1038,21.1038,20.5763,20.6288,
CPRT,2020-05-13,20.4225,20.62,19.7913,19.9275,"[""Jarislowsky, Fraser Ltd Buys Brookfield Asset Management Inc, Shopify Inc, Amazon. ..."", ""Rbo & Co Llc Buys Live Nation Entertainment Inc, Retail Opportunity Investments Corp, ..."", ""Rbo & Co Llc Buys Live Nation Entertainment Inc, Retail Opportunity Investments Corp, ..."", ""Jarislowsky, Fraser Ltd Buys Brookfield Asset Management Inc, Shopify Inc, Amazon. ..."", ""Rbo & Co Llc Buys Live Nation Entertainment Inc, Retail Opportunity Investments Corp, ..."", ""Jarislowsky, Fraser Ltd Buys Brookfield Asset Management Inc, Shopify Inc, Amazon. ...""]"
CPRT,2020-05-14,19.71,20.115,19.4225,20.08,"[""Baird Financial Group, Inc. Buys ProShares Short S&P5\u2026\u2026, Vanguard S&P 5\u2026\u2026, ..."", ""Avenir Corp Buys Mastercard Inc, Berkshire Hathaway Inc, Copart Inc, Sells Henry Schein Inc, ..."", ""Avenir Corp Buys Mastercard Inc, Berkshire Hathaway Inc, Copart Inc, Sells Henry Schein Inc, ..."", ""Baird Financial Group, Inc. Buys ProShares Short S&P5\u2026\u2026, Vanguard S&P 5\u2026\u2026, ..."", ""Avenir Corp Buys Mastercard Inc, Berkshire Hathaway Inc, Copart Inc, Sells Henry Schein Inc, ..."", ""Baird Financial Group, Inc. Buys ProShares Short S&P5\u2026\u2026, Vanguard S&P 5\u2026\u2026, ...""]"
CPRT,2020-05-15,19.905,20.1225,19.7275,19.885,"[""SkyTop Capital Management LLC Buys Charter Communications Inc, Alibaba Group Holding, Amazon. ..."", ""Foyston, Gordon, & Payne Inc Buys Booking Holdings Inc, Starbucks Corp, Zebra Technologies ..."", ""Gobi Capital Llc Buys Heico Corp, Copart Inc, Credit Acceptance Corp, Sells Baidu Inc, Old ..."", ""SkyTop Capital Management LLC Buys Charter Communications Inc, Alibaba Group Holding, Amazon. ..."", ""Gobi Capital Llc Buys Heico Corp, Copart Inc, Credit Acceptance Corp, Sells Baidu Inc, Old ..."", ""Foyston, Gordon, & Payne Inc Buys Booking Holdings Inc, Starbucks Corp, Zebra Technologies ..."", ""SkyTop Capital Management LLC Buys Charter Communications Inc, Alibaba Group Holding, Amazon. ..."", ""Gobi Capital Llc Buys Heico Corp, Copart Inc, Credit Acceptance Corp, Sells Baidu Inc, Old ..."", ""Foyston, Gordon, & Payne Inc Buys Booking Holdings Inc, Starbucks Corp, Zebra Technologies ...""]"
CPRT,2020-05-18,20.37,21.0925,20.345,20.995,"[""SunTrust Robinson Humphrey Maintains Buy on Copart, Lowers Price Target to $90"", ""SunTrust Robinson Humphrey Maintains Buy on Copart, Lowers Price Target to $90"", ""First Week of CPRT July 17th Options Trading Investors in Copart Inc (Symbol: CPRT) saw new options become available this week, for the July 17th expiration. At Stock Options Channel, our YieldBoost formula has looked up and down the CPRT options chain for the new July 17th contracts and identified one put and one call contract of particular interest. The put contract at the $80.00 strike price has a current bid of $4.40. If an investor was to sell-to-open that put contract, they are committing to purchase the stock at $80.00, but will also collect the premium, putting the cost basis of the shares at $75.60 (before broker commissions). To an investor already interested in purchasing shares of CPRT, that could represent an attractive alternative to paying $82.02/share today. Because the $80.00 strike represents an approximate 2% discount to the current trading price of the stock (in other words it is out-of-the-money by that percentage), there is also the possibility that the put contract would expire worthless. The current analytical data (including greeks and implied greeks) suggest the current odds of that happening are 59%. Stock Options Channel will track those odds over time to see how they change, publishing a chart of those numbers on our website under the contract detail page for this contract. Should the contract expire worthless, the premium would represent a 5.50% return on the cash commitment, or 33.46% annualized \u2014 at Stock Options Channel we call this the YieldBoost. Below is a chart showing the trailing twelve month trading history for Copart Inc, and highlighting in green where the $80.00 strike is located relative to that history: Turning to the calls side of the option chain, the call contract at the $85.00 strike price has a current bid of $4.10. If an investor was to purchase shares of CPRT stock at the current price level of $82.02/share, and then sell-to-open that call contract as a \""covered call,\"" they are committing to sell the stock at $85.00. Considering the call seller will also collect the premium, that would drive a total return (excluding dividends, if any) of 8.63% if the stock gets called away at the July 17th expiration (before broker commissions). Of course, a lot of upside could potentially be left on the table if CPRT shares really soar, which is why looking at the trailing twelve month trading history for Copart Inc, as well as studying the business fundamentals becomes important. Below is a chart showing CPRT's trailing twelve month trading history, with the $85.00 strike highlighted in red: Considering the fact that the $85.00 strike represents an approximate 4% premium to the current trading price of the stock (in other words it is out-of-the-money by that percentage), there is also the possibility that the covered call contract would expire worthless, in which case the investor would keep both their shares of stock and the premium collected. The current analytical data (including greeks and implied greeks) suggest the current odds of that happening are 55%. On our website under the contract detail page for this contract, Stock Options Channel will track those odds over time to see how they change and publish a chart of those numbers (the trading history of the option contract will also be charted). Should the covered call contract expire worthless, the premium would represent a 5.00% boost of extra return to the investor, or 30.41% annualized, which we refer to as the YieldBoost. The implied volatility in the put contract example is 46%, while the implied volatility in the call contract example is 44%. Meanwhile, we calculate the actual trailing twelve month volatility (considering the last 251 trading day closing values as well as today's price of $82.02) to be 43%. For more put and call options contract ideas worth looking at, visit StockOptionsChannel.com. Top YieldBoost Calls of the Nasdaq 100 \u00bb The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""SunTrust Robinson Humphrey Maintains Buy on Copart, Lowers Price Target to $90""]"
CPRT,2020-05-19,21.0525,21.5525,20.97,20.9825,"The Auto Market Is Improving Faster Than Expected Advance Auto Parts reported terrible earnings, but the results hint that things are looking up for the automotive universe. Same-store sales so far this quarter are about flat compared with last year’s."
CPRT,2020-05-20,21.1875,21.755,21.18,21.6725,"[""Earnings Scheduled For May 20, 2020"", ""Copart Q3 EPS $0.620 Misses $0.660 Estimate, Sales $550.400M Miss $568.620M Estimate"", ""Copart Q3 EPS $0.620 Misses $0.660 Estimate, Sales $550.400M Miss $568.620M Estimate"", ""Earnings Scheduled For May 20, 2020"", ""Copart Q3 EPS $0.620 Misses $0.660 Estimate, Sales $550.400M Miss $568.620M Estimate"", ""Earnings Scheduled For May 20, 2020""]"
CPRT,2020-05-21,21.6275,22.435,21.4,21.6,"[""CFRA Maintains Hold on Copart, Lowers Price Target to $85"", ""CFRA Maintains Hold on Copart, Lowers Price Target to $85"", ""Copart, Inc. (CPRT) Q3 2020 Earnings Call Transcript Image source: The Motley Fool. Copart, Inc. (NASDAQ: CPRT) Q3 2020 Earnings Call May 21, 2020, 11:00 a.m. ET Contents: Prepared Remarks Questions and Answers Call Participants Prepared Remarks: Operator Good day, and welcome to the Copart Conference Call. At this time, I would like to turn the conference over to Jeff Liaw, President of Copart. Please go ahead, sir. Jeffrey Liaw -- President and Chief Financial Officer Thank you, Dan. I'll start today's call with the Safe Harbor, before turning it over to Jay for opening remarks. During today's call, we'll discuss certain non-GAAP measures, which include adjustments to reverse the effect of certain discrete income tax items, disposal of non-operating assets, foreign currency-related gains and losses, certain income tax benefits and payroll taxes related to accounting for stock option exercises and the effect on common equivalent shares from ASU 2016-09. We've provided a reconciliation of these non-GAAP financial measures to the most directly comparable GAAP measures on our website under the Investor Relations link and in our press release issued yesterday. We believe these non-GAAP measures, together with our corresponding GAAP measures, are relevant in assessing our business trends and performance. We analyze our results on both GAAP and non-GAAP basis. In addition, our comments today include forward-looking statements within the meaning of applicable securities laws, including forward-looking statements concerning management's current views with respect to trends and uncertainties, including with respect to the COVID-19 pandemic. These forward-looking statements involve risks and uncertainties. The current worldwide pandemic could adversely affect our financial results in future periods based on declines in accident volume and other pandemic-related factors. And our business and operating results are generally subject to additional uncertainties such as dependence on our major vehicles, sellers, business [Technical Issues] relating to our international expansion strategies, factors affecting average selling prices for auction vehicles, any additional risks identified under the caption Risk Factors in our Annual Report on Form 10-K for the years ended July 31, 2019 and each of our subsequent quarterly reports on our Form 10-Q. Any forward-looking statements [Technical Issues] as of today and Copart [Technical Issues] obligation to update or revise any forward-looking statements. With that, CEO, Jay Adair. A. Jayson Adair -- Chief Executive Officer and Director Thanks, Jeff. You're breaking up just a little bit on that. So, maybe we should dial in. Jeffrey Liaw -- President and Chief Financial Officer Yeah [Speech Overlap]. A. Jayson Adair -- Chief Executive Officer and Director I'll go ahead and kick off. Yeah. Perfect. Again, welcome everyone. Thanks for coming to the third quarter call. If I were to describe Copart at the beginning of the quarter, I would say full speed ahead. We were acquiring land, developing that property, winning business, selling record units, record number of units Companywide. And if I were to fast forward a month later to the beginning of March, the best way I could describe us would be unpredicted, but prepared. Clearly, looking at COVID and it was all day, every day, COVID in the first week of March. By the time we got to the second week of March, I had reached out to some friends of mine that are in the service industry, people that own hair salons, people that own restaurants, and the government has not yet told anyone to, specifically, not go to work or to specifically not open up their business, but just the rhetoric that was coming out of the news and out of Washington was enough to keep people from going out to dinner, to keep people from traveling. And so we saw that Companywide. We saw overnight our customers couldn't travel, overnight we had to cancel conferences and cancel events that we had planned. And this was -- we had, at this point, gone from what I would say unpredictable to a position where who could anticipate that the government would actually be thinking of shutting down business. And my concern was really about the behavior of people and so I reached out to some political contacts that I've got, and I quickly came away from those meetings thinking they're going to actually shut business down. And obviously, the country has been through a number of experiences over the years, whether it'd be polio, whether it'd be Spanish flu, and we haven't been in that situation where we think business is going to be shut down. We saw that not just in the U.S., but coming out of Italy, the U.K. I think the U.S. was probably a little earlier on than the U.K. from the results I've seen. But in the end, the U.K. definitely shut down much harder than the U.S. did. But regardless, this was really, really unpredictable at that point. But as I said, very prepared. So first thing we did, this felt a little bit like the '08 financial crisis. We weren't sure if there was going to be liquidity at banks. So the first thing Copart did, not knowing the future, not knowing exactly how we were going to have to position ourselves, we pulled down in excess of $800 million on our line. And at that point, we had over $1 billion of cash on the balance sheet. We, subsequent to that, reached out to all of our employees. We put together the first of what would be a number of phone calls, that were Companywide phone calls, with all of our management and all of the fields. We recorded the calls so we could play them back. And this is really about setting people's fears aside. I mean the fear of COVID is something we can't control, but your financial security is something we could control. And these are precarious times. So, we reached out and let everyone know that we had a lot of cash. Can you hear me, OK? Okay. We reached out and let everyone know that we have a lot of cash and that -- one second here. Can you hear me on the call, all right? Operator Yes, sir. Please proceed. A. Jayson Adair -- Chief Executive Officer and Director You've got issues there, then Jeff will come in here. Okay. All right, folks, I'll continue. We've just -- we've got some -- Jeff and I are in two different locations, obviously because of COVID. They can hear me fine, you can all hear me, but apparently Jeff is having trouble. So he's going to get on and he'll continue. But just to continue on that note, we made it very clear that Copart had a significant amount of cash on the balance sheet, we can operate for months or we could survive for months without operating, without being able to pickup cars, without being able to sell cars. Now, clearly, that's going to be a problem for the nation, that's going to be a problem for the U.S., the U.K. and other markets we work in. I'll get into that. But the initial messaging to our Company was that we are strong, that there will be no furloughs for 90 days, that there will be no reduction of hours, and that this is about continuity. This is about Copart making sure that we can provide the services for our customers. And the way to do that is to give the people at Copart confidence so that they can deliver on that promise, and that's exactly what we did. As I said, we started off the quarter full speed ahead, and we didn't want to change from that position. So, we've continued throughout the quarter to acquire land, we've continued throughout the quarter to develop that land. We think this is necessary to the long-term success of Copart. We believe that this is a temporary reduction of volume, we're already seeing that, Jeff will talk about that a little more, but we're already seeing that volume coming back. But that was really message one. Message two was this new concept of essential business. And this is not -- clearly, this is something none of us have thought about before. And if you were to speak to some of my friends that run businesses, if you were to speak some of my friends that work at businesses, they all feel their businesses are essential, essential to their family, they're essential to their success. And so conceptually, it was hard to understand that the government would be, at the state level, at the federal level, at the city level, telling businesses not to operate. And I actually made an argument at that point with some of the politicians that I'm connected with or friends with. Let's look at quarantining high risk and let's look at if they got pre-existing conditions. And then let's look at trying to parse the population so that a quarter of us are at work or a third of us are at work or half of us are it work so we can maintain social distancing, similar to what I would say we're doing now as a company. So, throughout this experience, we had multiple times where law enforcement tried to shut down Copart locations, both in the U.S. and internationally in the U.K. And throughout all those experiences, our team rallied, and we made the arguments that are very clear. If Copart doesn't pick up cars from tow companies, they're going to get full and the streets are going to have cars left on them. If Copart doesn't sell vehicles, you're not going to have parts available for repair. If we don't pickup cars from body shops, you're not going to have body shops able to fix cars, you're not going to have insurance companies able to pay off insureds and it's going to stop the insurance process. So, we made very strong arguments in multiple states. And there was a couple of scenarios where we shut down for a day or two, and we were able to reverse that by working with Chiefs of Police and other folks in the law enforcement. We were able to reverse that and get back open. I'm happy to say all of Copart's locations, for the most part, have been open. For the most part, meaning we were down for a day and then back up, maybe down for a day or two and then back up. So, we have essentially been running through this whole quarter picking up vehicles, although less, and Jeff will talk about that, and we've been selling off a lot of inventory throughout this process. So, as I said, very unpredictable, but very prepared. This was something that -- internally, we have reflected on this and dealing with DMVs that have shut down and trying to work with those DMVs, so that they continue. While they're shut down to the general public and on the retail front, we've tried to work with them to continue to process titles in the back so that we can get these vehicles sold. Fortunately for us, we've had a large capacity as we've been adding land over the years, we've developed a lot of land, developed a lot of capacity, so we've got room at our facilities. We did things, there are some increased costs in the quarter because we did things, like move vehicles from one yard to another yard in anticipation of DMVs being shut down to ensure that we have enough room at that facility if we had to keep picking cars up and not be able to sell those vehicles. And then finally, I'd make the argument that we continue to express that we are a company that has for the last 17 years sold everything online. And so a lot of the states made the argument that if you're completely online, you can stay open. That was another one of our arguments that we utilized. And we've had the benefit of buyers being able to look online and bid online and then send trucks in to pick up the vehicle. So it's -- overall, it's been a very unpredictable experience. I, really, second week of March, didn't think I'd be eight weeks later seeing jobless claims at $36.5 million[Phonetic]. I just didn't -- I wasn't convinced that the government was going to actually be as aggressive as shutting business down across the country. We all know that that's been the case and we all know what's happened over that period of time. Our team has really, really rallied. The IT folks, though, not all at the office, because social distancing have continued to deliver technology. We've adjusted, we've course corrected on the fly, and changed the services, how we offer those services, the technology we use to offer those services. And our folks in the field have done a phenomenal job every single day, coming to work, making sure we unload trucks, put cars away, set sales, sell cars, load customers out etc. And so, one of the things we've said internally is while we didn't anticipate this pandemic, the folks at Copart were built for this. We have really done a great job as a company. And for those Copart folks out there that are listening to this call, as your CEO, you guys have done a phenomenal job, and actually you guys have kicked ass and I'm proud of everything you've done. And this is one of those experiences that will go down in the history books for me, and I couldn't be more prouder of the success and the way we've handled this pandemic. On that note, I'll turn it over to our President, Jeff Liaw, to give you an update on the quarter. Jeffrey Liaw -- President and Chief Financial Officer Thank you, Jay. We'll start of the remarks with a deviation from our usual script and offer some comments on the COVID-19 crisis following Jay's narrative and its effect on our business, specifically how the coronavirus has affected our operations, our priorities and our financial results. On operations, as Jay noted, beginning in March 2020, our business and operations began to experience the interruption worldwide, first within our European operations and as the month progressed and the quarter progressed throughout the balance of our global operations. As Jay noted, materially, in all of our jurisdictions, we've been deemed by local authorities an essential business because we helped to ensure the removal of vehicles from repair shops, impound yards, streets and highways, enabling the critical function of our world's road infrastructure. We're proud of the role our people play in, serving the communities in which we do business, and the work we do will enable the smooth functioning of our societies during the crisis and certainly support our eventual recovery from it as well. We've taken great care to follow appropriate health and safety protocols in all of our facilities to ensure safe working conditions for our employees, as well as for our sellers, buyers and other business partners with whom we come into contact. We've also adapted in many cases to remote work arrangements and have experienced no material disruptions to our business. We frequently and proactively communicate with our customers as well. And in many respects, we're simply continuing business as usual. For example, our facilities remain fully operational as well as the online-only auctions Jay noted a moment ago. Because we've operated exclusively online auctions now for 17 years and have made iterative refinements and more transformative overhauls over the years, we've not experienced any disruptions in any way in terms of how we sell cars. And we continue to believe that our auction technology drives the best-in-class experience for our members and best-in-class returns for our sellers as well. Turning to our priorities. It won't surprise you that our near-term priorities are on our customers, in many cases adapting real time to their own workflow modifications and accommodating their remote work arrangements. We deployed new technologies in support of those accommodations as well. Our long-term focus is again on investing in international member recruitment and retention. Our auction liquidity is sacrosanct and enables our business to grow. We are focused keenly on extending our technology advantage in every respect, both in terms of our auctions as well as in many ways we interact with our sellers, our members, and the various aspects of our ecosystem. We are investing aggressively in our future also in terms of capital expenditures and support of capacity. We believe there isn't any such thing as non-critical capital expenditures. If they were non-critical, we never would have made them in the first place. We note we spent more on capital expenditures this past quarter than we did in all of fiscal 2015 in support of ours and our customer's future growth. We'll be opportunistic as we look forward in acquiring still more capacity to serve our customers. We are investing in our people as well. We continue to recruit, train and promote our team members. We have not furloughed employees or suspended 401(k) contributions. We have said before and fundamentally believe that our people are one of our most critical assets. And while we will always be prudent stewards of our business, we won't make short-sighted decisions that affect our ability to serve our customers well. We want to be prepared to serve them and their growth and our growth as well, and of course to be prepared for potentially active tropical storm season ahead. Turning to the coronavirus effect on our financial results. It won't surprise you that our operating results for the quarter were affected by lower processed vehicle volume. We received and sold fewer vehicles in the quarter than we had anticipated due of course to the pandemic. The volume declines, in turn, were due to fewer accidents occurring as a result of fewer miles being driven in response to state and national shelter-in-place orders. We track a range of industry sources, including Apple Mobility, Google, the University of Washington's metrics among many others. And we would note that, from the baseline it appears that driving activity dropped at down 55% to 65% relative to the pre-coronavirus levels during certain periods in the quarter, though we also note that activity has increased substantially from that trough level. And then compared to apparent reductions in driving activity, our assignment volume has not been affected as severely, not nearly so, a function of driving behavior and total loss frequency. On driving behavior, because the roads are less congested, it appears that drivers are often driving faster and perhaps with more distractions still. Total loss frequency has increased according to most industry sources. That's been caused by a mix of repair shop disruptions, which have affected their ability to service automobiles, and also insurance carrier decisions on remote work and wanting to simplify the loss claims process as opposed to having adjusters with the vehicles, policyholders, recover vehicles after repairs. We've also noted some volatility in selling prices for vehicles at our auctions, though we would note also that liquidity and auction participation has remained high throughout the crisis. Selling prices in more recent days, after the end of the quarter, have actually reached levels higher than pre-crisis levels. The price volatility during the quarter, we would attribute in parts to substantial -- substantially strengthened U.S. dollar, and therefore the currencies that often purchase or the countries that often purchase cars at our auctions have seen their purchasing power somewhat impaired as a result. There, of course, has also been global economic uncertainty, which has affected demand for vehicles as well, and finally, some potential logistics challenges or uncertainties regarding the exported vehicles. But by and large, the auctions have -- auction liquidity has remained quite strong. On our own financial liquidity, as we noted in our 8-K issued in March, we drew down $825 million in funds under our available revolving credit facility, in part in response to what we perceived as systemic uncertainty. We've subsequently repaid all of those outstanding borrowings under our facilities. And as of April 30, 2020, we had approximately $1.1 billion of available liquidity, including $300 million of cash and the undrawn facility I just described. Our conservative capitalization, we think, enables us to continue to make decisions for the long-term benefit and interest of our customers and our shareholders. Looking forward then, on the coronavirus, we expect the pandemic to have, of course, an adverse effect on our quarterly revenues in future quarters with magnitude and timing of those effects dependent on the extent in duration of suspended economic activity across our markets, as well as the potential resumption of shelter-in-place orders. The longer-term impact on our business will depend on the development of the pandemic, society's responses to those developments and the potential availability of vaccines and treatments, of course, none of which we can predict. In short, our approach to the pandemic is that it's a massive disruption to the global economy and the markets we serve, but not a permanent structural shift. If and when the facts indicate otherwise, and that we are facing such a structural shift, In either way, the reduced demand for our services, for example, permanent remote work arrangements that reduce daily commuting, or in ways that increase demand for our services, for example, the substitution of automotive transport for public transits and air travel, will adjust accordingly. As we discuss our financial results, we'll share the customary metrics that we provide every quarter. Before the crisis, the themes we've discussed in the past have largely continued, as Jay noted in his opening remarks. Meaningful increases in unit sales, in insurance, in non-insurance, in assignments, average selling prices, bidding activity, international bidding activity and so forth. So the metrics we'll share of course include a blend of pre and -- pre-crisis and crisis input. Turning to the third quarter. We experienced global revenue decline of 0.5% or $2.8 million year-over-year. That includes an unfavorable currency effect of $3.6 million due to the strengthening of the U.S. dollars -- of the U.S. dollar, pardon me, as well as the shift of a particular customer from a purchase arrangement to a consignment engagement, you've heard us describe before. Global service revenue grew $17.9 million or 3.8% year-over-year, which, as we've noted before, is a more accurate reflection of the underlying economic activity in our business that in turn reflects growth in the U.S. of 3.6% in service revenues and international service revenue growth of 5.1%. We did experience a purchased vehicle decline of $20.7 million or 26% as growth in the U.S. was more than offset by the international decline we noted a moment ago, primarily driven again by the shift of a U.K. customer to a fee-based sales contract. On unit growth, we experienced global unit sales decrease of just under 1%, we'll provide more color momentarily, with the U.S. increase -- U.S. unit increase of 1.4% and international unit decline of 12.6%. The U.S. unit growth has been driven by organic growth from our existing insurance customers and market share gains. Insurance grew 5.6% in units sold for the quarter. Non-insurance declined 13.4%. Though, if you exclude the charities and wholesale business, our non-insurance business actually grew year-over-year for the quarter. Prior to the crisis, as one important group that we track, our dealer consignment volumes actually had continued their double-digit growth rates year-over-year. Our non-insurance business, of course, has been meaningfully affected by COVID-19. We believe we have outperformed other auto auction businesses during the crisis, in part because we have been a natively digital business for almost 20 years and because of our auction liquidity. Turning to global inventory. Worldwide, our inventory declined 9.6% with U.S. inventory declining 11.3% and international inventory growth of positive 1.2%. Our inventory declined as auctions consumed inventory, which was then replenished at reduced rates. Our gross profit declined from $251.6 million to $242.6 million or a 3.6% decline year-over-year. Our gross margin rate declined slightly from 45.5% to 44.1%. In the U.S., we experienced a gross margin contraction of 50.2% to 46.3% as our yards remained open throughout the pandemic with lower-than-expected unit sales and assignment volumes. Our international gross margins increased from 25.4% to 31.7%, due in part to operating efficiencies and also in part to the shift of that customer from a principal arrangement to a consignment. In the U.S. and globally, we do note rising for unit processing cost a reflection of negative operating leverage from fewer units sold and fewer units received than we had previously anticipated. Turning to selling prices for the quarter. Within the U.S., we experienced a decline in average selling prices year-over-year for the full quarter of 4.8%. Prior to the crisis, we had observed increases in selling prices within the quarter. And since the end of the quarter, we have seen prices rise to above pre-crisis levels. As I noted a moment ago, the volatility in the quarter has been due in part to currency effects as well as logistics and demand uncertainty. Even with this unprecedented global dislocation, our international member base remains critical to our auction liquidity and outcomes. We actually increased unique and international bidders in the quarter by almost 20% year-over-year and observed increases in bids by international members and increases in bids per unit sold. The outcome, of course, is higher bids per unit, and therefore better selling prices for our customers as we drive enhanced auction liquidity. I'll turn now to general and administrative expenditures. In general, as we've noted before, G&A expenditures will fluctuate and grow over time. We continue to believe that we can achieve operating leverage over time. As with all trended data in our business, gross margins, G&A unit sales and so forth, we'd encourage you to review longer-dated trend lines rather than the single quarter metrics for a more accurate view of the business. Our GAAP operating income declined from $207.5 million to $195.1 million for the quarter. Our net interest expense increased 9.7% year-over-year, due largely to the drawn revolver for a portion of the quarter, partially offset by lower interest rates as well. Other income of positive $2.3 million was attributable to earnings from a non-consolidated equity-method investment, currency gains and asset disposal gains. In the third quarter, we -- our provision for taxes was $44.3 million, which includes the tax benefit from the exercise of employee stock options, which has been reflected as such in the non-GAAP earnings reconciliation. Our GAAP net income decreased from $192.7 million a year ago to $147.5 million this year, and our non-GAAP net income declined from $154.9 million to a $138.3 million for the quarter. Turning then to the balance sheet. We finished the quarter with just north of $300 million in cash on the balance sheet and just north of $100 million in net debt, leaving us essentially unlevered. We adopted a new lease standard this year in the first quarter, which shows a $106.6 million operating lease right-of-use asset and $109.1 million of operating lease liabilities on our balance sheet. On cash flow, operating cash flow for the quarter was robust at $294 million, an increase versus the third quarter of '19 and a substantial increase versus the second quarter as well. This is driven in part by the cash flow generated from the business as well as the working capital reductions that come with the decline in inventory. Our capital expenditures for the quarter of $90.6 million. Again, more than 80% of our capex was attributable to investing in capacity expansion. We have a number of new yards and expansion projects in the queue as well. We continue our efforts to purchase and develop land to meet current and prospective demand. With that I'll turn the mic back to the operator, who can begin taking questions. Questions and Answers: Operator Thank you, sir. At this time, we will open the floor for questions. [Operator Instructions] We'll take our first question queue. This one comes from Bob Labick with CJS Securities. Please go ahead. A. Jayson Adair -- Chief Executive Officer and Director Hey, Bob. Bob Labick -- CJS Securities -- Analyst Hey, good morning. Thanks for taking the question. I just wanted to start off were you kind of finished the prepared remarks as it relates to the land. You talked about, earlier in the remarks, the two potential impacts on longer term on miles driven, it could be more work from home could reduce miles driven, or a fewer people are taking mass transit or flying, there could be an increase. So, how do you -- obviously, I don't expect you to know the answer to that, what the outcome will be in that regard. So, how does that impact your land strategy right now? And then just as it relates to that too, is there enough activity going on that you can find more land? Is that -- is it easier or harder now as a result of the economy to purchase land, if you wanted? Jeffrey Liaw -- President and Chief Financial Officer Very good question, Bob, and good to hear from you. In short, I think you're right that those big societal questions, I think, will remain to be resolved over the months, quarters and the years ahead. On land invest investments, the lead times for acquiring and developing land are quite long. Our expectation is that we will use that land to accommodate our customers' growth in our own for a multiple year horizon. So, it's not a one-month, 18-month, even a three-year decision. We acquire land because it makes sense over a five- to 20-year horizon. We continue our activity. I think your intuition is fair. And that, in some respects, our ability to do so has been, perhaps, limited in some cases, where economic activity or regulatory approvals have stalled because of the virus impact. In other cases, though the crisis may unlock opportunities for us to move forward because of land is now available at more reasonable values or local jurisdictions are still more excited about having the jobs that a new Copart facility brings with it. So, I think, in short, we have not meaningfully disrupted or changed our strategic approach to land acquisitions and we wouldn't do so based on anything that happens over a six- to 10-week horizon. As we noted in the opening remarks, if the facts unfold differently going forward, we'll of course revisit, but for now, no change in our course. Bob Labick -- CJS Securities -- Analyst Got it. Great. And then -- and we've talked a little bit on previous calls about your work with carriers on optimizing the total loss process. And you noted total loss frequency seems to have ticked up recently as well, and we've seen that in some publications as well. Can you just expand on what value you can add to the carriers now in the total loss process, given your increased data that you've been collecting for so many years? Jeffrey Liaw -- President and Chief Financial Officer Yeah. And good question, Bob. And I think we talked about that a couple of quarters ago, and I misunderstood your question last quarter. But in short, we believe that providing more data to our insurance carrier partners and earlier in their own loss claims process will help them make more informed decisions and in many cases, will empower them to total cars more quickly, which saves them processing burden, storage costs in repair shops, uncertainty regarding the loss claims resolution [Phonetic] with our own policyholders. So for us, it is masking the data that comes from having sold tens of millions of vehicles over the years, being able to value them efficiently and quickly based on limited data sets available to us at that moment in time and sharing that data in ways that empower those carriers to make the decisions more quickly. That's what we met a couple of quarters ago, and that work certainly continues apace. Bob Labick -- CJS Securities -- Analyst Okay, super. And then last one from me, I'll jump back in queue. And just shifting gears a little bit, can you give us an update on Germany? Has the economic impact over there or anything else impacted insurance carriers' decisions to convert to the U.S. style auction? How are things going and just a general update? Jeffrey Liaw -- President and Chief Financial Officer I think in broad strokes, we continue to move forward there as well. So, we've invested and continue to invest in land and in people and technologies. Our dialogues with insurance carriers continue to be very productive. I think we noted on the last call that we had begun selling consignment vehicles on behalf of insurance carriers there. This kind of disruption, I think, cuts -- the coronavirus cuts both ways. On the one hand, it's difficult nowadays to meet face to face, either among ourselves or with our customers or prospective customers. On the other hand, radical shifts like this also tend to open the mind to considering alternatives where the status quo is no longer the glide path that it once was. So, I think it hasn't changed in either way. I think our conviction that our long-term prosperity in Germany is there for us to pursue. Bob Labick -- CJS Securities -- Analyst Super. Thanks very much. Jeffrey Liaw -- President and Chief Financial Officer Thanks, Bob. Operator And we'll take our next question in queue, comes from Craig Kennison with Baird. Please go ahead. Craig Kennison -- Baird -- Analyst Great. Thank you for taking my questions as well. Wanted to ask, to what extent did the pandemic reduced revenue in the quarter knowing that revenue recognition can be something like 50 days after the loss event, so we would expect, I guess, the pandemic impact to be much more severe in the current quarter? Jeffrey Liaw -- President and Chief Financial Officer Yeah. I think that observation is there. And your question is difficult to answer. Your directional observation is fair. And the reason the question is difficult to answer is, you start to cut the data very, very finely, right, where -- when do you consider the coronavirus start date to have happened in Oklahoma versus Louisiana versus Sao Paulo versus Toronto, right? So, I think the directional attack is very hard to assess and that's why we didn't get into very elaborate pre and post metrics. It didn't -- it just wasn't worthwhile or clean enough to do so pre and post. But, yes, you're correct that given the leads and lags in our business, several weeks from when the accident happens to when the car is assigned to us, and then a number of weeks again before we have the title process and the car available for auction, but there is a lagging effect on our volume, yes. Craig Kennison -- Baird -- Analyst Thanks. And then, maybe I know you don't like to comment on the current quarter so much, but maybe just give a sense for what the last couple of weeks have looked like in terms of assignments versus last year. Are we meaningfully better as driving activity normalizes or still far below last year? Jeffrey Liaw -- President and Chief Financial Officer I think, Craig, we tend not to comment, as you know, on the current quarter. As I noted a few moments ago, we have seen assignment volumes, ASPs and so forth have certainly rebounded very meaningfully from the troughs. The year-over-year comparison will be for when we talk about the quarter. Craig Kennison -- Baird -- Analyst Okay. Thanks. And then just on inventory, that was a helpful metric that you always share. Maybe not down as much as I had feared and actually up internationally. What's driving the international increase? Is that purely just internal secular trends that you created through your growth initiatives or is that market kind of coming back sooner than maybe I had feared? Jeffrey Liaw -- President and Chief Financial Officer It's a fair question. I think there are, yes, our secular forces that we've talked about every quarter. In some cases, also there have been interruptions outside the U.S. in DMV processing of title. So, you noted that the international unit sales were also down more than they were in the U.S. In some cases, that's because of inventory that's been home outside the U.S. as well. Craig Kennison -- Baird -- Analyst Okay. Thank you. Jeffrey Liaw -- President and Chief Financial Officer Thanks, Craig. Operator We'll take our next question in queue comes from Bret Jordan with Jefferies. Please go ahead. Bret Jordan -- Jefferies -- Analyst Hey, good morning guys. Jeffrey Liaw -- President and Chief Financial Officer Good morning, Bret. Bret Jordan -- Jefferies -- Analyst On the inventory question, and we think about the trough in driving being the beginning of April and your month-end inventory being down around 11% [Phonetic]. Would that in theory be maybe trough inventory in the sense that may be an assignment takes a couple of weeks post crash? And if driving has picked up, would it be seeing inventory sequentially higher do you think? Jeffrey Liaw -- President and Chief Financial Officer No, not inventory, Bret, trough assignments maybe, right? We are several weeks out from trough driving activity, but inventory itself is in the accumulation of many weeks, months and in some cases, years old stuff. So that's a bigger layer cake so to speak that includes driving activity, accident volume, total loss frequency from a much longer period of time. Bret Jordan -- Jefferies -- Analyst Okay. And then on recent selling prices rebounding, is that on the back of domestic bids or is the foreign buyer back in the market pretty aggressively? Jeffrey Liaw -- President and Chief Financial Officer Both. There's meaningfully increased unique bidders and bids, both domestically and internationally. Bret Jordan -- Jefferies -- Analyst Okay. And then a housekeeping question. I think Jay had mentioned that some of the costs are associated with moving vehicles around logistically due to DMV activity. Could you give us an idea how much expense was in the quarter around that? Jeffrey Liaw -- President and Chief Financial Officer Don't have a precise number to provide, Bret. I think it's -- I think, in short, the moving of vehicles on logistics, in part it was in fear frankly of us having vehicles stranded. So, we wanted to make sure that our most congested yards would be able to continue to serve our customers. And so we moved some cars at our expense within our own network. So, I think that's what Jay was alluding to. But, no, don't have a precise number to provide. Craig Kennison -- Baird -- Analyst Okay. Great. Thanks. Operator We'll take our next question queue comes from Stephanie Benjamin, Robinson Humphrey. Please go ahead. Stephanie Benjamin -- SunTrust Robinson Humphrey -- Analyst Hi, good afternoon. A. Jayson Adair -- Chief Executive Officer and Director Hi. Jeffrey Liaw -- President and Chief Financial Officer Hey, Stephanie. Stephanie Benjamin -- SunTrust Robinson Humphrey -- Analyst I wanted to comment on some of the land acquisitions and the continued aggressive capex plans. So, maybe if you could talk a little bit about the geographic location or if you're targeting specific areas, is this more domestic focused, international focused, what's the kind of general theme or geographies that you're looking at in terms of some of these expansions would be helpful. Thank you. Jeffrey Liaw -- President and Chief Financial Officer Thanks, Stephanie. A healthy mix of both is the answer. So a fair bit within, perhaps, our long-standing traditional markets in the U.S., Canada and the U.K., but also investments in Brazil, in Germany and elsewhere. So all of the above. And it's in pursuit of in support of our long-term growth, right. We can't stop the ship to wait for crystal clear certainty on what happens with driving activity and so forth. We fundamentally believe that we'll continue to drive auction liquidity, but the 50-year trends on total loss frequency will not abate on society's demand for mobility. In general, mobility isn't just commuting to work, it's also necessary for leisure, for healthcare, for education, and that those 100-year trends really will continue perhaps with a meaningful interruption as it stands today. So, believing those underlying principles, I think we just want to invest to support our own growth and that of our customers. So, I think it would be irresponsible for us to arrest that process mid-course. Stephanie Benjamin -- SunTrust Robinson Humphrey -- Analyst Absolutely. And then in terms of some of the comments you've made about certainly seeing some improvement across metrics from trough levels. Is that true in terms both the -- obviously, the U.S., but internationally are you seeing some of the same levels of trends? Jeffrey Liaw -- President and Chief Financial Officer In short, yes, with a fair bit of variability and a fair bit of uncertainty, right. So we track those metrics very carefully, but we also -- we'd be at risk of pretty meaningfully oversteering the business that we responded to. Daily traffic reports in the U.K. from Friday, right, that's not a good way to to operate a business or make strategic decisions either. So, we track those metrics. We have seen recovery in some cases. Certainly, some countries were later to shut down, and therefore it will be later to reopen, somewhere earlier and therefore earlier. So, we've seen the full gamut of activity. As you described, some folks recovering more quickly and others more slowly. Stephanie Benjamin -- SunTrust Robinson Humphrey -- Analyst Understood. Thank you. Jeffrey Liaw -- President and Chief Financial Officer Thank you, Stephanie. Operator We'll take our next question in queue, comes from Daniel Imbro with Stephens Inc. Please go ahead. Daniel Imbro -- Stephens Inc. -- Analyst Hey, good morning, guys. Thanks for taking my questions. Jeffrey Liaw -- President and Chief Financial Officer Morning. Daniel Imbro -- Stephens Inc. -- Analyst Hey, Jeff, wanted to start on something you talked about on the dealer consignment side. You said it was stronger pre-crisis, obviously, probably slowed meaningfully, given what we've heard from the channel during the crisis. How do you think that channel progresses and the health of that channel progresses from here, just given the declines in reduction we've seen in used vehicle sales, both in the U.S. and globally? Jeffrey Liaw -- President and Chief Financial Officer A fair question. I think if the question is over the next two quarters to three quarters, harder for me to answer. I think over the long haul, I think we remain quite bullish about our ability to serve that market. The volumes in the near term, of course, impaired by reduced activity period. Folks are taking fewer trade-ins, they're trafficking less than vehicles period. So there are fewer that makes sense to routes to consign with Copart. Over the long haul though, our auction liquidity, our international buyer base, the buying and selling of new and used cars, I think will continue to capture the growing portion of that ecosystem. So, our outlook long term, certainly has not changed. As I noted a moment ago, I do think we have somewhat meaningfully outperformed other such auto auction platforms during the period, in part because we were never dependent on folks coming and having lunch at the auction facility and bidding live on cars. We have been made it digital for a long time, and I think it showed in the quarter. Daniel Imbro -- Stephens Inc. -- Analyst Helpful. And then maybe a related question. Just on the impact of used-vehicle pricing, there is a positive dynamic as that falls to units. The total loss rate going higher. There is a negative to that on revenue per unit. Can you help us just think through the puts and takes and kind of -- is it a net positive or net negative, as we think about the changes in used-vehicle prices? And then how that impacts maybe the next 12 months to 24 months? Jeffrey Liaw -- President and Chief Financial Officer That's a fair and difficult question, and one that I've wrestled with now for five years. You're correct. Directionally speaking that with softer used car prices, cars will total more easily and we would see a unit volume improvement. With lower used car prices, however, all else equal, the selling prices for our cars would be reduced as well, and we would therefore, all else equal, make less per car than we otherwise would. How those net? I think we struggled over the years to know what we quote route for. I think as a CFO and as a financially oriented person, I know that we have hundreds of thousands of cars in inventory already, and I want to achieve the best possible selling prices for those cars. So, it's probably intuitively hard to route for declining asset values when you already have many of them. But that said, the unit volume effect would be real. If you saw a substantial decline in used car prices, our unit volumes would increase very meaningfully. And even over the past say four years or five years down, our used car prices have remained robust and very robust relative to where industry analysts had forecasted if they would be five years ago. That has no doubt suppressed unit volume that otherwise would have come to Copart, which has been masked by other forces, total loss frequency, market share gains, let in by other forces that have made that somewhat invisible. But there's no doubt that robust prices have suppressed unit demand for our services. Daniel Imbro -- Stephens Inc. -- Analyst Got it. Really helpful. And then if I could squeeze a last one in. Jeff, over the last 12 months, we've heard a lot more talk around the industry, just about ancillary services providing more for the insurance companies. Are there any services today that your customers are requesting that you don't provide? Or do you guys have a robust suite today that you think covers most of your insurance companies' needs? Jeffrey Liaw -- President and Chief Financial Officer I think, it's tough to talk about customers with monolithic entity, some of them certainly have an appetite for us to do more and to vertically integrate still more into what they do day-to-day. And we certainly have expanded our service offerings over the past year, five years, 10 years, 20 years, and we do more and more for our insurance carrier partners. So, yes, there are additional services that we offer and more services that we will offer over time as well. Daniel Imbro -- Stephens Inc. -- Analyst Thanks for all the color. Good luck, guys. Jeffrey Liaw -- President and Chief Financial Officer Thank you. Operator We'll take our next question in queue, comes from Derek Glynn with Consumer Edge Research. Please go ahead. Derek Glynn -- Consumer Edge Research -- Analyst Yes, thank you for taking the questions. In this call and in the past, you've discussed some positive tailwinds driving higher total loss frequency. At the same time, we're seeing higher ADAS attach rates on vehicles, which may reduce frequency at some point. And you've also increased exposure to non-insurance segments. I'm wondering if growing volumes in those non-insurance channels is a conscious effort perhaps to hedge yourself from an eventual decline in accident frequency. Is there any urgency to diversify the business? Jeffrey Liaw -- President and Chief Financial Officer A lot of different embedded questions in what you just posed, so I'll try to dissect them one by one. First, in terms of ADAS effect on frequency, I would note a couple of things. One is that I think the working hypothesis is that it will eventually reduce accident frequency. And I think that's a reasonable hypothesis because safety technologies for the past 50 years have generally reduced accident frequency. That's been true for as long as Copart's been around, with one short-term blip, I would say, between 2011 and 2016, when accident frequency actually went up year-over-year. That was a function of the iPhone proliferating across Saudi. So, generally speaking, accident frequency does decline. ADAS, on the other hand, we think, will drive increases in total loss frequency and those forces will offset one another. Over the course of history, total loss frequency has generally increased much more than accident frequency has decreased. ADAS, I think, there is a very logical thread to walk from ADAS proliferation to total loss frequency, because what makes cars safer tend to be the sensors on the perimeter of cars that are easily damaged, difficult and expensive to calibrate, and will drive still more cars to be totaled. Specifically, on your question of our diversification into other segments, I wouldn't characterize it that way. It's not a risk mitigation measure so much as it is the byproduct of auction liquidity as we have cultivated an international and domestic member base that increasingly is purchasing vehicles that have lighter and lighter damage. It begins to more heavily overlap the whole car universe as well, and therefore the cars that dealer receive on trade-ins become more and more attractive at Copart. We immediately expose that car to buyers in Nigeria, in Honduras, in Poland, Lithuania, in Oklahoma, in Maine, and it is that liquidity which has enabled us to grow within the dealer segment. So it's not per se a desire to mitigate risk, it's a desire to grow the business. And ultimately that incremental dealer car also then helps our insurance companies as well. Auction liquidity begets some more liquidity and begets better auction returns. Derek Glynn -- Consumer Edge Research -- Analyst Okay, great. Appreciate that. And then can you elaborate on what was your original intent in drawing down that amount of capital on the credit line? Was that solely a precautionary measure, given the uncertain economic climate? Or was there anything perhaps more opportunistic you were thinking about doing in terms of other capital allocation priorities? Would appreciate some clarity there. Jeffrey Liaw -- President and Chief Financial Officer Fair question. That was more just a risk mitigation measure we took at a moment when the global economy and the financial system. There was enough uncertainty and a low enough cost that have made sense for us to draw the revolver. We know that we have the cash available to us should we have needed it. We still do of course. Our revolving credit facility remains quite intact with first-tier banks behind it. So we have conviction now that it is there when we need it. And that was all there was to it[Phonetic]. Derek Glynn -- Consumer Edge Research -- Analyst Understood. Thank you very much. Jeffrey Liaw -- President and Chief Financial Officer Thank you. Operator We'll take our next question in queue, this comes from Gary Prestopino with Barrington. Please go ahead. Gary Prestopino -- Barrington -- Analyst Hey, good morning, Jeff and Jay. How are you? Jeffrey Liaw -- President and Chief Financial Officer Morning. A. Jayson Adair -- Chief Executive Officer and Director Good Gary. Jeffrey Liaw -- President and Chief Financial Officer How are you? Gary Prestopino -- Barrington -- Analyst Good, good. Couple of questions here. I was writing real fast. I'm trying to keep up. You said your non-insurance were down, vehicles were down 13.4%, is that correct? Jeffrey Liaw -- President and Chief Financial Officer Let me give you the precise decimal, but keep going. Gary Prestopino -- Barrington -- Analyst Well, what I was trying to get at is, if you back out the charity cars, what -- were they down or up? You have that? Jeffrey Liaw -- President and Chief Financial Officer If you back out, I said the charities and wholesalers would have been positive -- slightly positive, just north of 1% for the quarter. Gary Prestopino -- Barrington -- Analyst Okay. That's fine. And then just kind of a hypothetical question here. Given how long it takes for the whole cycle of -- from accidents to assignments, etc., if hypothetically, the country opens up by say the middle of June, all right, obviously Q4 is going to be challenged, and no fault of yours, it's just that's the way it is. But when do you think -- if the country were open up by the end of June, when do you think things start to normalize? Is there -- does it take a quarter, two quarters, three quarters to get you back to where the growth level you were at before? Jeffrey Liaw -- President and Chief Financial Officer And you mean, Gary, in terms of our unit sales or revenue, what... Gary Prestopino -- Barrington -- Analyst Yeah. Just in general. Yes, exactly. And what I'm trying to get at is, from the time the country starts opening up and you assume that every people are going to be driving, you're going to have the same level of accident, same level of total losses, how long does that take to flush through to your system where you start there is no real impact from the COVID situation in any given quarter? Jeffrey Liaw -- President and Chief Financial Officer The reason I paused Gary, any given quarter, we sell cars that we were assigned that same quarter. So in the third quarter of 2020, we sold cars that we picked up in February, March and April. We also sell cars from the last -- a quarter before and the quarter before and the quarter before and five years before, literally, that layer cake that I described a few moments ago. So in terms, no quarter -- every quarter has some memory going forward. But I think it's several quarters really before you got the meaningful burden because it takes on average several months for us to sell a car. Gary Prestopino -- Barrington -- Analyst Okay. Thank you. Jeffrey Liaw -- President and Chief Financial Officer Thanks, Gary. Operator Our next question in queue comes from Ali Faghri with Guggenheim Partners. Please go ahead. Ali Faghri -- Guggenheim Partners -- Analyst Good morning. Thanks for taking the questions. A couple here. I guess, first, can you remind us about your cost structure fixed versus variable and how we should think about detrimental margins in a backdrop like the near term where volumes are declining meaningfully? It sounds like you aren't proactively taking cost out of the business, specifically in response to COVID, but I may be wrong. Jeffrey Liaw -- President and Chief Financial Officer Yeah. A handful of questions what you described there to. In terms of the fixed and variable mix, that question always boils down to what you're time horizon is, and over the long haul all costs are variable. In the near term, the majority of cost are semi-fixed with the exception, for example, of towing costs. Towing costs tend to -- we incur them when we tow a vehicle and when we don't, when we don't. So, I think in the near term, and as you heard us describe a few minutes ago, if we conclude that this is a structural shift, then we would consider meaningful changes, but otherwise we will operate the business as it is with the intent to serve our customers well through storm season and for the next three, five, 10 years as well. Ali Faghri -- Guggenheim Partners -- Analyst Got it. That's helpful. And then as a quick follow up here. You mentioned ASPs are above pre-COVID levels. Is that due to a supply/demand mismatch currently as buyers are returning to the market, but the supply of vehicles is still relatively limited, so perhaps it's more of a temporary trend? Jeffrey Liaw -- President and Chief Financial Officer It could be. I think if that remains to be seen, I think there is -- that's what forces you just described a moment ago. Also if the economies recover, if folks had themselves chosen to sit it out a week or two, they certainly find themselves short inventory or parts or cars rebuild or what have you, right? So there may be something of a catch-up effect so to speak. But I think the long, long-term trends before this quarter, our ASPs had been up 13 consecutive quarters, and they won't go up every quarter for the rest of our lives, of course, with that general tailwind of auction liquidity, higher total loss frequency, better younger cars, less damaged cars, those forces aren't going away anytime soon. Now, what that means over a two-week, four-week, even a three-quarter horizon, we don't concern ourselves with too much. What we focus on, of course, is how to drive those returns up on a multi-year basis. Ali Faghri -- Guggenheim Partners -- Analyst Great, thank you. Operator [Operator Instructions] Our next question in queue comes from Stephanie Benjamin, Robinson Humphrey. Please go ahead. Stephanie Benjamin -- SunTrust Robinson Humphrey -- Analyst Hi. I just had one quick follow-up. I was hoping maybe you could speak to if you felt really broadly speaking, if your insurance customers have look to diversify their auction providers or restructuring some of their relationships or how they interact with their auction providers. Just any high-level comments would be helpful just looking back the last year or several years? Thank you. Jeffrey Liaw -- President and Chief Financial Officer No, I appreciate the question, Stephanie. And, again, tough to generalize about our customers who are -- had many different ways of approaching the business. But in general, we focus all of our efforts on serving them well and generating the best possible auction returns and providing the best possible service in ordinary times and in crazy times like the ones we're in today. So over time, I think we have generally continued to earn and win the trust of our customers, and have gained market share as a result. So, I wouldn't say that I've heard that theme in general. I think the question is, can we serve our customers well and can we persuade our prospective customers that we can serve them well, how the chess match works between sole sourcing multiple providers and so forth. I haven't heard any particular trends in one direction or the other. So long as we deliver Copart-level service and Copart-level auction returns to our customers, we'll let the chips fall where they may, and I think history has proven that, that has been a productive approach. Stephanie Benjamin -- SunTrust Robinson Humphrey -- Analyst Thanks. I appreciate it. Jeffrey Liaw -- President and Chief Financial Officer Thanks, Stephanie. Operator Our next question in queue comes from Ryan Brinkman with JPMorgan. Please go ahead. Ryan Brinkman -- JPMorgan -- Analyst Hi, thanks for taking my question. I know you have historically provided investors with the split of insurance versus non-insurance cars. Are you also able to break out the percentage of salvage versus non-salvage or haul cars? I think the haul car split is materially lower than the non-insurance split, but I'm just wondering if given the decline in miles driven in accidents, if there is any ability to absorb yard capacity by taking on more haul cars whether sold by dealers or other sources? Jeffrey Liaw -- President and Chief Financial Officer I think the second question is probably easier than the first. To your -- the second question, in part because we have invested so aggressively in capacity, we by and large can serve customers and can serve our dealer customers and our insurance customers wherever they want to do business with us. I think Jay talked about that at some length on our lastearnings callas well. We have invested and we continue to invest so that we can always say yes when those opportunities present themselves. So, no, it's not that -- it's not the reduced driving activity and declines in insurance assignments would per se enable us to win more dealer business, it is that we drive excellent returns and service to them that allow us to do so in the land. The land is our problem. We'll figure that out in the background, so that we can serve them flawlessly. Operator Speakers, there are no more questions in queue at this time. A. Jayson Adair -- Chief Executive Officer and Director All right. Appreciate everyone coming on the call and we look forward to reporting on Q4 in the fiscal year 2020. And wish everybody stay safe, and we'll talk to you then. Thank you. Operator [Operator Closing Remarks] Duration: 59 minutes Call participants: Jeffrey Liaw -- President and Chief Financial Officer A. Jayson Adair -- Chief Executive Officer and Director Bob Labick -- CJS Securities -- Analyst Craig Kennison -- Baird -- Analyst Bret Jordan -- Jefferies -- Analyst Stephanie Benjamin -- SunTrust Robinson Humphrey -- Analyst Daniel Imbro -- Stephens Inc. -- Analyst Derek Glynn -- Consumer Edge Research -- Analyst Gary Prestopino -- Barrington -- Analyst Ali Faghri -- Guggenheim Partners -- Analyst Ryan Brinkman -- JPMorgan -- Analyst More CPRT analysis All earnings call transcripts {%sfr%} 10 stocks we like better than Copart When investing geniuses David and Tom Gardner have a stock tip, it can pay to listen. After all, the newsletter they have run for over a decade, Motley Fool Stock Advisor, has tripled the market.* David and Tom just revealed what they believe are the ten best stocks for investors to buy right now... and Copart wasn't one of them! That's right -- they think these 10 stocks are even better buys. See the 10 stocks *Stock Advisor returns as of April 16, 2020 This article is a transcript of this conference call produced for The Motley Fool. While we strive for our Foolish Best, there may be errors, omissions, or inaccuracies in this transcript. As with all our articles, The Motley Fool does not assume any responsibility for your use of this content, and we strongly encourage you to do your own research, including listening to the call yourself and reading the company's SEC filings. Please see our Terms and Conditions for additional details, including our Obligatory Capitalized Disclaimers of Liability. Motley Fool Transcribers has no position in any of the stocks mentioned. The Motley Fool recommends Copart. The Motley Fool has a disclosure policy. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""CFRA Maintains Hold on Copart, Lowers Price Target to $85""]"
CPRT,2020-05-22,21.4462,21.935,21.3575,21.5625,"[""Jefferies Maintains Buy on Copart, Raises Price Target to $100"", ""Jefferies Maintains Buy on Copart, Raises Price Target to $100"", ""Jefferies Maintains Buy on Copart, Raises Price Target to $100""]"
CPRT,2020-05-26,22.27,22.41,21.97,22.07,"[""Shares of several industrial companies are trading higher in sympathy with the overall market as equities rally on coronavirus vaccine hopes as well as a pickup in economic activity as some US states reopen businesses."", ""Shares of several industrial companies are trading higher in sympathy with the overall market as equities rally on coronavirus vaccine hopes as well as a pickup in economic activity as some US states reopen businesses."", ""Shares of several industrial companies are trading higher in sympathy with the overall market as equities rally on coronavirus vaccine hopes as well as a pickup in economic activity as some US states reopen businesses.""]"
CPRT,2020-05-27,22.1375,22.3938,21.7262,22.1125,
CPRT,2020-05-28,22.23,22.6875,22.0125,22.28,
CPRT,2020-05-29,22.3625,22.4525,22.0675,22.3475,
CPRT,2020-06-01,22.335,22.605,22.1088,22.42,
CPRT,2020-06-02,22.58,22.7225,21.995,22.035,
CPRT,2020-06-03,22.215,22.615,22.07,22.4925,
CPRT,2020-06-04,22.4088,22.7525,22.32,22.435,
CPRT,2020-06-05,22.7825,23.0875,22.25,22.955,
CPRT,2020-06-08,22.915,23.1625,22.4725,22.56,"Why These 3 Online Car Sales Companies Jumped More Than 11% in May What happened Shares of online car sales companies CarMax (NYSE: KMX), CarGurus (NASDAQ: CARG), and Copart (NASDAQ: CPRT) rose in May, according to data from S&P Global Market Intelligence. Copart's shares rose by 11.6%, while CarGurus' stock was up 13.5%. CarMax, the big winner of the bunch, saw its shares jump an impressive 19.6%. All three companies handily beat the S&P 500's monthly gain of just 4.5%. Image source: Getty Images. So what As you'd expect, much of the companies' gains were due to the gradual reopening of the U.S. economy, which began in earnest in the second half of May. While CarMax and CarGurus have made it easy to shop for a car -- or at least to begin the process of shopping for a car -- from the comfort of your home, it's still unlikely you're going to actually buy a car if you know you're not going to need one for a while. Meanwhile, Copart, which allows salvage yards, parts suppliers, and insurance companies to buy and sell salvage vehicles over the internet through its online platform, was expected to see a decline in business as fewer drivers on the road led to fewer auto accidents, reducing both the number of vehicles entering the salvage market and demand for after-market parts from those vehicles. In April, overall auto sales fell by more than 50%, but all three of these companies saw their shares rise that month as well. In fact, each company performed better in April 2020 than it did in May 2020: KMX data by YCharts That was due to the perception of the companies' online selling platforms as more reliable during the coronavirus crisis than traditional in-person dealerships. As drivers gradually began returning to the roads in May, Wall Street expected the companies would see even more traffic (no pun intended) on their platforms and subsequently bid up shares even further. A swift recovery in China's auto market after its reopening also played into investors' high hopes. It certainly didn't hurt that CarGurus was coming off a steep plunge in February after releasing disappointing 2020 guidance, giving it more room to recover in April. On May 7, the company reported a 17% year-over-year revenue increase in Q1 2020, coupled with a 58.3% increase in adjusted earnings per share, plus cost-cutting measures that included trimming executive salaries by 50%. CarMax also put out a solid Q1 2020 earnings report in April and implemented cost-cutting measures of its own, including cutting CEO Bill Nash's salary by 50% and furloughing 15,500 workers, which may have reassured investors that it, too, would be able to weather the downturn successfully. Now what The economy seems to be showing signs of recovery, but it's still in a fragile position. A second wave of COVID-19 infections, a surprise uptick in unemployment numbers, or any number of other surprises could send the U.S. economy back into a tailspin, taking the auto market with it. For those who are convinced that the worst is behind us, it may be worth taking a closer look at these online car companies, which are continuing to disrupt the traditional dealership model. However, most investors will want to see clearer signs that the cyclical auto market has turned the corner before buying in. 10 stocks we like better than CarMax When investing geniuses David and Tom Gardner have a stock tip, it can pay to listen. After all, the newsletter they have run for over a decade, Motley Fool Stock Advisor, has tripled the market.* David and Tom just revealed what they believe are the ten best stocks for investors to buy right now... and CarMax wasn't one of them! That's right -- they think these 10 stocks are even better buys. See the 10 stocks *Stock Advisor returns as of June 2, 2020 John Bromels owns shares of CarMax. The Motley Fool owns shares of and recommends CarGurus, Inc. The Motley Fool recommends CarMax and Copart. The Motley Fool has a disclosure policy. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
CPRT,2020-06-09,22.3375,22.4325,22.03,22.275,
CPRT,2020-06-10,22.3125,22.46,22.06,22.35,
CPRT,2020-06-11,21.9275,22.1275,21.15,21.15,
CPRT,2020-06-12,21.595,21.77,20.8225,21.26,
CPRT,2020-06-15,20.7025,21.7175,20.55,21.6225,"Americans Are Driving Again. What That Means for Auto Stocks. Americans drove 163 billion fewer miles in March and April, according to the Federal Highway Administration, but they’re back on the road again."
CPRT,2020-06-16,22.19,22.5467,21.2725,22.0725,
CPRT,2020-06-17,22.1775,22.2936,21.7375,21.8375,
CPRT,2020-06-18,21.665,21.99,21.5575,21.6075,
CPRT,2020-06-19,21.725,22.1754,21.0325,21.1025,
CPRT,2020-06-22,20.9625,21.29,20.8808,21.165,
CPRT,2020-06-23,21.42,21.48,21.0525,21.1325,
CPRT,2020-06-24,21.0425,21.09,20.23,20.3275,
CPRT,2020-06-25,20.1775,20.3875,19.7,20.375,"Validea Peter Lynch Strategy Daily Upgrade Report - 6/25/2020 The following are today's upgrades for Validea's P/E/Growth Investor model based on the published strategy of Peter Lynch. This strategy looks for stocks trading at a reasonable price relative to earnings growth that also possess strong balance sheets. WEBSTER FINANCIAL CORPORATION (WBS) is a mid-cap value stock in the Regional Banks industry. The rating according to our strategy based on Peter Lynch changed from 72% to 74% based on the firm’s underlying fundamentals and the stock’s valuation. A score of 80% or above typically indicates that the strategy has some interest in the stock and a score above 90% typically indicates strong interest. Company Description: Webster Financial Corporation is a bank and financial holding company. The Company's segments include Commercial Banking, Community Banking, HSA Bank, Private Banking, and Corporate and Reconciling. The Commercial Banking segment includes middle-market, asset-based lending, commercial real estate, equipment finance, and treasury and payment solutions, which includes government and institutional banking. The Community Banking segment consists of its Personal Banking and Business Banking segments. HSA Bank, a division of its subsidiary, Webster Bank, National Association, offers health savings accounts, health reimbursement accounts, flexible spending accounts, and other financial solutions. Private Banking serves high-net-worth clients, not-for-profit organizations, and business clients with asset management, trust, loan and deposit products, and financial planning services. Its treasury unit and consumer-liquidating portfolio are included in the Corporate and Reconciling segment. The following table summarizes whether the stock meets each of this strategy's tests. Not all criteria in the below table receive equal weighting or are independent, but the table provides a brief overview of the strong and weak points of the security in the context of the strategy's criteria. YIELD ADJUSTED P/E TO GROWTH (PEG) RATIO: PASS EARNINGS PER SHARE: PASS TOTAL DEBT/EQUITY RATIO: NEUTRAL EQUITY/ASSETS RATIO: PASS RETURN ON ASSETS: PASS FREE CASH FLOW: NEUTRAL NET CASH POSITION: NEUTRAL Detailed Analysis of WEBSTER FINANCIAL CORPORATION Full Guru Analysis for WBS Full Factor Report for WBS FIRSTENERGY CORP. (FE) is a large-cap growth stock in the Electric Utilities industry. The rating according to our strategy based on Peter Lynch changed from 0% to 74% based on the firm’s underlying fundamentals and the stock’s valuation. A score of 80% or above typically indicates that the strategy has some interest in the stock and a score above 90% typically indicates strong interest. Company Description: FirstEnergy Corp. is a holding company. The Company is engaged in holding, directly or indirectly, all of the outstanding equity of its principal subsidiaries. Its segments include Regulated Distribution, Regulated Transmission, Competitive Energy Services (CES) and Corporate/Other. As of December 31, 2016, the Regulated Distribution segment distributed electricity through the Company's 10 utility operating companies, serving approximately six million customers, and purchased power for its provider of last resort (POLR), standard offer service (SOS), standard offer service (SSO) and default service requirements in Ohio, Pennsylvania, New Jersey and Maryland. The Regulated Transmission segment transmits electricity through transmission facilities owned and operated by American Transmission Systems, Incorporated (ATSI) and Trans-Allegheny Interstate Line Company (TrAIL). The CES segment primarily supplies electricity to end use customers through retail and wholesale arrangements. The following table summarizes whether the stock meets each of this strategy's tests. Not all criteria in the below table receive equal weighting or are independent, but the table provides a brief overview of the strong and weak points of the security in the context of the strategy's criteria. P/E/GROWTH RATIO: FAIL SALES AND P/E RATIO: PASS INVENTORY TO SALES: PASS EPS GROWTH RATE: PASS TOTAL DEBT/EQUITY RATIO: PASS FREE CASH FLOW: NEUTRAL NET CASH POSITION: NEUTRAL Detailed Analysis of FIRSTENERGY CORP. Full Guru Analysis for FE Full Factor Report for FE QCR HOLDINGS, INC. (QCRH) is a small-cap value stock in the Regional Banks industry. The rating according to our strategy based on Peter Lynch changed from 72% to 74% based on the firm’s underlying fundamentals and the stock’s valuation. A score of 80% or above typically indicates that the strategy has some interest in the stock and a score above 90% typically indicates strong interest. Company Description: QCR Holdings, Inc. is a multi-bank holding company. The Company serves the Quad Cities, Cedar Rapids, Waterloo/Cedar Falls, Des Moines/Ankeny and Rockford communities through its banking subsidiaries, Quad City Bank and Trust Company (QCBT), Cedar Rapids Bank and Trust Company (CRBT), Community State Bank (CSB), and Guaranty Bank and Trust Company, which provide full-service commercial and consumer banking and trust and asset management services. It is also engaged in direct financing lease contracts through m2 Lease Funds, LLC (m2), a subsidiary of QCBT. Its principal business consists of attracting deposits and investing those deposits in loans/leases and securities. The Company and its subsidiaries provide a range of commercial and retail lending/leasing, and investment services to corporations, partnerships, individuals and government agencies. It offers a range of loans, including one-to four-family residential loans and multi-family loans. The following table summarizes whether the stock meets each of this strategy's tests. Not all criteria in the below table receive equal weighting or are independent, but the table provides a brief overview of the strong and weak points of the security in the context of the strategy's criteria. YIELD ADJUSTED P/E TO GROWTH (PEG) RATIO: PASS EARNINGS PER SHARE: PASS TOTAL DEBT/EQUITY RATIO: NEUTRAL EQUITY/ASSETS RATIO: PASS RETURN ON ASSETS: PASS FREE CASH FLOW: NEUTRAL NET CASH POSITION: NEUTRAL Detailed Analysis of QCR HOLDINGS, INC. Full Guru Analysis for QCRH Full Factor Report for QCRH ENCORE CAPITAL GROUP, INC. (ECPG) is a small-cap value stock in the Business Services industry. The rating according to our strategy based on Peter Lynch changed from 72% to 74% based on the firm’s underlying fundamentals and the stock’s valuation. A score of 80% or above typically indicates that the strategy has some interest in the stock and a score above 90% typically indicates strong interest. Company Description: Encore Capital Group, Inc., through its subsidiaries, is a specialty finance company providing debt recovery solutions for consumers and property owners across a range of financial assets. The Company operates through Portfolio Purchasing and Recovery segment. The Company's geographical segments include the United States, Europe and other. The Company's portfolios of defaulted consumer receivables at discounts and manages them by partnering with individuals as they repay their obligations and work toward financial recovery. Defaulted receivables are consumers' unpaid financial commitments to credit originators, including banks, credit unions, consumer finance companies, commercial retailers, and telecommunication companies. Defaulted receivables also include receivables subject to bankruptcy proceedings. The Company through certain subsidiaries, is engaged in portfolio purchasing and recovery in the United States, including Puerto Rico. The following table summarizes whether the stock meets each of this strategy's tests. Not all criteria in the below table receive equal weighting or are independent, but the table provides a brief overview of the strong and weak points of the security in the context of the strategy's criteria. P/E/GROWTH RATIO: PASS SALES AND P/E RATIO: PASS EPS GROWTH RATE: PASS TOTAL DEBT/EQUITY RATIO: FAIL FREE CASH FLOW: NEUTRAL NET CASH POSITION: NEUTRAL Detailed Analysis of ENCORE CAPITAL GROUP, INC. Full Guru Analysis for ECPG Full Factor Report for ECPG TILLY'S INC (TLYS) is a small-cap growth stock in the Retail (Apparel) industry. The rating according to our strategy based on Peter Lynch changed from 15% to 89% based on the firm’s underlying fundamentals and the stock’s valuation. A score of 80% or above typically indicates that the strategy has some interest in the stock and a score above 90% typically indicates strong interest. Company Description: Tilly's, Inc. is a destination specialty retailer of casual apparel, footwear and accessories for young men, young women, boys and girls. The Company offers an unparalleled selection of relevant brands, styles, colors, sizes and price points. The Company's apparel merchandise includes branded, fashion and styles for tops, outerwear, bottoms and dresses. Its accessories merchandise includes backpacks, hats, sunglasses, headphones, handbags, watches, jewelry and others. The Company offers its products through stores and Website. The Company operates over 220 stores in approximately 30 states. The Company's stores are located in malls, lifestyle centers, power centers, community centers, outlet centers and street-front locations. The Company also operates an e-commerce platform for desktop and mobile. The Company's third-party brands include AYC, Adidas, Billabong, Converse, Hurley, Nixon, JanSport, LRG and Stance, among others. The following table summarizes whether the stock meets each of this strategy's tests. Not all criteria in the below table receive equal weighting or are independent, but the table provides a brief overview of the strong and weak points of the security in the context of the strategy's criteria. P/E/GROWTH RATIO: FAIL SALES AND P/E RATIO: NEUTRAL EPS GROWTH RATE: PASS TOTAL DEBT/EQUITY RATIO: PASS FREE CASH FLOW: NEUTRAL NET CASH POSITION: BONUS PASS Detailed Analysis of TILLY'S INC Full Guru Analysis for TLYS Full Factor Report for TLYS ABBVIE INC (ABBV) is a large-cap growth stock in the Biotechnology & Drugs industry. The rating according to our strategy based on Peter Lynch changed from 72% to 74% based on the firm’s underlying fundamentals and the stock’s valuation. A score of 80% or above typically indicates that the strategy has some interest in the stock and a score above 90% typically indicates strong interest. Company Description: AbbVie Inc. (AbbVie) is a research-based biopharmaceutical company. The Company is engaged in the discovery, development, manufacture and sale of a range of pharmaceutical products. Its products are focused on treating conditions, such as chronic autoimmune diseases in rheumatology, gastroenterology and dermatology; oncology, including blood cancers; virology, including hepatitis C virus (HCV) and human immunodeficiency virus (HIV); neurological disorders, such as Parkinson's disease and multiple sclerosis; metabolic diseases, including thyroid disease and complications associated with cystic fibrosis, and other serious health conditions. It offers products in various categories, including HUMIRA (adalimumab), Oncology products, Virology Products, Additional Virology products, Metabolics/Hormones products, Endocrinology products and other products, which include Duopa and Duodopa (carbidopa and levodopa), Anesthesia products and ZINBRYTA (daclizumab). The following table summarizes whether the stock meets each of this strategy's tests. Not all criteria in the below table receive equal weighting or are independent, but the table provides a brief overview of the strong and weak points of the security in the context of the strategy's criteria. P/E/GROWTH RATIO: PASS SALES AND P/E RATIO: PASS INVENTORY TO SALES: PASS EPS GROWTH RATE: PASS TOTAL DEBT/EQUITY RATIO: FAIL FREE CASH FLOW: NEUTRAL NET CASH POSITION: NEUTRAL Detailed Analysis of ABBVIE INC Full Guru Analysis for ABBV Full Factor Report for ABBV THE GEO GROUP INC (GEO) is a small-cap value stock in the Real Estate Operations industry. The rating according to our strategy based on Peter Lynch changed from 72% to 74% based on the firm’s underlying fundamentals and the stock’s valuation. A score of 80% or above typically indicates that the strategy has some interest in the stock and a score above 90% typically indicates strong interest. Company Description: The GEO Group, Inc. is a real estate investment trust (REIT). The Company specializes in the ownership, leasing and management of correctional, detention and re-entry facilities and the provision of community-based services and youth services in the United States, Australia, South Africa and the United Kingdom. The Company operates in four segments: U.S. Corrections & Detention, GEO Care, International Services, and Facility Construction & Design. The Company owns, leases and operates a range of correctional and detention facilities including maximum, medium and minimum security prisons, immigration detention centers, minimum security detention centers, as well as community based reentry facilities, and offers delivery of offender rehabilitation services under its GEO Continuum of Care platform. The GEO Continuum of Care program integrates in-prison programs, which include cognitive behavioral treatment and post-release services. The following table summarizes whether the stock meets each of this strategy's tests. Not all criteria in the below table receive equal weighting or are independent, but the table provides a brief overview of the strong and weak points of the security in the context of the strategy's criteria. SALES: PASS YIELD COMPARED TO THE S&P 500: PASS YIELD ADJUSTED P/E/GROWTH (PEG) RATIO: PASS TOTAL DEBT/EQUITY RATIO: FAIL FREE CASH FLOW: NEUTRAL NET CASH POSITION: NEUTRAL Detailed Analysis of THE GEO GROUP INC Full Guru Analysis for GEO Full Factor Report for GEO CIVISTA BANCSHARES INC (CIVB) is a small-cap value stock in the Regional Banks industry. The rating according to our strategy based on Peter Lynch changed from 72% to 74% based on the firm’s underlying fundamentals and the stock’s valuation. A score of 80% or above typically indicates that the strategy has some interest in the stock and a score above 90% typically indicates strong interest. Company Description: Civista Bancshares, Inc. is a financial holding company. The Company, through the subsidiary bank, Civista Bank, is primarily engaged in the business of community banking. Civista Bank, located in Erie, Crawford, Champaign, Cuyahoga, Franklin, Logan, Madison, Montgomery, Summit, Huron, Ottawa and Richland Counties, Ohio, conducts a general banking business that involves collecting customer deposits, making loans, purchasing securities, and offering Trust services. The Company's loan portfolio consists of commercial and agriculture, commercial real estate-owner occupied, commercial real estate non-owner occupied, residential real estate, real estate construction, consumer and other. Its securities are classified as available-for-sale (AFS) securities. Its deposits include non-interest-bearing demand deposits; interest-bearing demand deposits; savings account, including money market deposit accounts, and certificates of deposit, including individual retirement accounts (IRAs). The following table summarizes whether the stock meets each of this strategy's tests. Not all criteria in the below table receive equal weighting or are independent, but the table provides a brief overview of the strong and weak points of the security in the context of the strategy's criteria. YIELD ADJUSTED P/E TO GROWTH (PEG) RATIO: PASS EARNINGS PER SHARE: PASS TOTAL DEBT/EQUITY RATIO: NEUTRAL EQUITY/ASSETS RATIO: PASS RETURN ON ASSETS: PASS FREE CASH FLOW: NEUTRAL NET CASH POSITION: NEUTRAL Detailed Analysis of CIVISTA BANCSHARES INC Full Guru Analysis for CIVB Full Factor Report for CIVB HOULIHAN LOKEY INC (HLI) is a mid-cap growth stock in the Investment Services industry. The rating according to our strategy based on Peter Lynch changed from 87% to 91% based on the firm’s underlying fundamentals and the stock’s valuation. A score of 80% or above typically indicates that the strategy has some interest in the stock and a score above 90% typically indicates strong interest. Company Description: Houlihan Lokey, Inc. is a global independent investment bank that focuses on mergers and acquisitions (M&A), capital markets, financial restructuring, valuation, and strategic consulting. The Company operates through three segments: Corporate Finance, Financial Restructuring and Financial Advisory Services. The Company provides financial professionals with an integrated platform that enables them to deliver advice to its clients. The Corporate Finance activities include two categories: M&A and capital markets advisory. The Financial Advisory Services segment includes financial opinions, and a range of valuation and financial consulting services in the United States. It also provides strategic consulting services to clients. The Financial Restructuring segment provides advice to debtors and creditors. The following table summarizes whether the stock meets each of this strategy's tests. Not all criteria in the below table receive equal weighting or are independent, but the table provides a brief overview of the strong and weak points of the security in the context of the strategy's criteria. P/E/GROWTH RATIO: PASS SALES AND P/E RATIO: PASS EPS GROWTH RATE: PASS TOTAL DEBT/EQUITY RATIO: NEUTRAL EQUITY/ASSETS RATIO: PASS RETURN ON ASSETS: PASS FREE CASH FLOW: NEUTRAL NET CASH POSITION: NEUTRAL Detailed Analysis of HOULIHAN LOKEY INC Full Guru Analysis for HLI Full Factor Report for HLI MASTERCARD INC (MA) is a large-cap growth stock in the Consumer Financial Services industry. The rating according to our strategy based on Peter Lynch changed from 0% to 74% based on the firm’s underlying fundamentals and the stock’s valuation. A score of 80% or above typically indicates that the strategy has some interest in the stock and a score above 90% typically indicates strong interest. Company Description: Mastercard Incorporated is a technology company that connects consumers, financial institutions, merchants, governments and businesses across the world, enabling them to use electronic forms of payment. The Company allows user to make payments by creating a range of payment solutions and services using its brands, which include MasterCard, Maestro and Cirrus. The Company provides a range of products and solutions that support payment products, which customers can offer to their cardholders. The Company's services facilitate transactions on its core network among account holders, merchants, financial institutions, businesses, governments and other organizations in markets globally. The Company's products include consumer credit, consumer debit, prepaid and commercial. It also provides integrated offerings such as cyber and intelligence products, information and analytics services, consulting, loyalty and reward programs and processing solutions. The following table summarizes whether the stock meets each of this strategy's tests. Not all criteria in the below table receive equal weighting or are independent, but the table provides a brief overview of the strong and weak points of the security in the context of the strategy's criteria. P/E/GROWTH RATIO: FAIL SALES AND P/E RATIO: PASS EPS GROWTH RATE: PASS TOTAL DEBT/EQUITY RATIO: NEUTRAL EQUITY/ASSETS RATIO: PASS RETURN ON ASSETS: PASS FREE CASH FLOW: NEUTRAL NET CASH POSITION: NEUTRAL Detailed Analysis of MASTERCARD INC Full Guru Analysis for MA Full Factor Report for MA MGIC INVESTMENT CORP. (MTG) is a mid-cap value stock in the Insurance (Prop. & Casualty) industry. The rating according to our strategy based on Peter Lynch changed from 74% to 93% based on the firm’s underlying fundamentals and the stock’s valuation. A score of 80% or above typically indicates that the strategy has some interest in the stock and a score above 90% typically indicates strong interest. Company Description: MGIC Investment Corporation is a holding company. The Company, through its subsidiaries, provides private mortgage insurance and ancillary services. The Company provides mortgage insurance to lenders throughout the United States and to government-sponsored entities to protect against loss from defaults on low down payment residential mortgage loans. Its principal product is primary mortgage insurance. Primary insurance provides mortgage default protection on individual loans and covers unpaid loan principal, delinquent interest and certain expenses associated with the default and subsequent foreclosure or sale approved by the Company. Through certain other non-insurance subsidiaries, the Company also provides various services for the mortgage finance industry, such as contract underwriting, analysis of loan originations and portfolios, and mortgage lead generation. The Company's subsidiaries include Mortgage Guaranty Insurance Corporation (MGIC) and MGIC Indemnity Corporation (MIC). The following table summarizes whether the stock meets each of this strategy's tests. Not all criteria in the below table receive equal weighting or are independent, but the table provides a brief overview of the strong and weak points of the security in the context of the strategy's criteria. SALES: PASS YIELD COMPARED TO THE S&P 500: PASS YIELD ADJUSTED P/E/GROWTH (PEG) RATIO: PASS TOTAL DEBT/EQUITY RATIO: NEUTRAL EQUITY/ASSETS RATIO: PASS RETURN ON ASSETS: PASS FREE CASH FLOW: NEUTRAL NET CASH POSITION: NEUTRAL Detailed Analysis of MGIC INVESTMENT CORP. Full Guru Analysis for MTG Full Factor Report for MTG VISHAY INTERTECHNOLOGY (VSH) is a mid-cap growth stock in the Semiconductors industry. The rating according to our strategy based on Peter Lynch changed from 87% to 91% based on the firm’s underlying fundamentals and the stock’s valuation. A score of 80% or above typically indicates that the strategy has some interest in the stock and a score above 90% typically indicates strong interest. Company Description: Vishay Intertechnology, Inc. is a global manufacturer and supplier of discrete semiconductors and passive components. The Company operates through five product segments: MOSFETs, Diodes, Optoelectronic Components, Resistors & Inductors and Capacitors. MOSFETs segment offers low-voltage TrenchFET MOSFETs and high-voltage MOSFETs. Diodes segment's products include rectifiers, small signal diodes, protection diodes, thyristors/silicon-controlled rectifiers (SCRs) and power modules. Optoelectronic Components segment includes infrared (IR) emitters and detectors, IR remote control receivers, optocouplers, solid-state relays, optical sensors, light-emitting diodes (LEDs), 7-segment displays and IR data transceiver modules (IrDA). Resistors and Inductors segment manufactures various types of fixed resistors, both in discrete and network forms, as well as various variable types. Capacitors segment manufactures products based on capacitor technologies. The following table summarizes whether the stock meets each of this strategy's tests. Not all criteria in the below table receive equal weighting or are independent, but the table provides a brief overview of the strong and weak points of the security in the context of the strategy's criteria. P/E/GROWTH RATIO: PASS SALES AND P/E RATIO: PASS INVENTORY TO SALES: PASS EPS GROWTH RATE: PASS TOTAL DEBT/EQUITY RATIO: PASS FREE CASH FLOW: NEUTRAL NET CASH POSITION: NEUTRAL Detailed Analysis of VISHAY INTERTECHNOLOGY Full Guru Analysis for VSH Full Factor Report for VSH AGILENT TECHNOLOGIES INC (A) is a large-cap growth stock in the Scientific & Technical Instr. industry. The rating according to our strategy based on Peter Lynch changed from 69% to 87% based on the firm’s underlying fundamentals and the stock’s valuation. A score of 80% or above typically indicates that the strategy has some interest in the stock and a score above 90% typically indicates strong interest. Company Description: Agilent Technologies, Inc. provides application focused solutions that include instruments, software, services and consumables for the entire laboratory workflow. The Company serves the life sciences, diagnostics and applied chemical markets. It has three business segments: life sciences and applied markets business, diagnostics and genomics business, and Agilent CrossLab business. Its life sciences and applied markets business segment offers instruments and software that enable customers to identify, quantify and analyze the physical and biological properties of substances and products, as well as enable customers in the clinical and life sciences research areas to interrogate samples at the molecular level. Its diagnostics and genomics business segment includes the reagent partnership, pathology, companion diagnostics, genomics and the nucleic acid solutions businesses. Its Agilent CrossLab business segment spans the entire lab with its consumables and services portfolio. The following table summarizes whether the stock meets each of this strategy's tests. Not all criteria in the below table receive equal weighting or are independent, but the table provides a brief overview of the strong and weak points of the security in the context of the strategy's criteria. P/E/GROWTH RATIO: PASS SALES AND P/E RATIO: PASS INVENTORY TO SALES: PASS EPS GROWTH RATE: PASS TOTAL DEBT/EQUITY RATIO: PASS FREE CASH FLOW: NEUTRAL NET CASH POSITION: NEUTRAL Detailed Analysis of AGILENT TECHNOLOGIES INC Full Guru Analysis for A Full Factor Report for A CATHAY GENERAL BANCORP (CATY) is a small-cap value stock in the Regional Banks industry. The rating according to our strategy based on Peter Lynch changed from 72% to 74% based on the firm’s underlying fundamentals and the stock’s valuation. A score of 80% or above typically indicates that the strategy has some interest in the stock and a score above 90% typically indicates strong interest. Company Description: Cathay General Bancorp is a bank holding company. The Company holds Cathay Bank, a California state-chartered commercial bank (the Bank); seven limited partnerships investing in affordable housing investments; GBC Venture Capital, Inc., and Asia Realty Corp. The Company also owns the common stock of five statutory business trusts created for issuing capital securities. The Bank primarily services individuals, professionals and small to medium-sized businesses in the local markets and provides commercial mortgage loans, commercial loans, small business administration (SBA) loans, residential mortgage loans, real estate construction loans, home equity lines of credit and installment loans to individuals for automobile, household and other consumer expenditures. The Bank offers passbook accounts, checking accounts, money market deposit accounts, certificates of deposit, individual retirement accounts, college certificates of deposit and public funds deposits. The following table summarizes whether the stock meets each of this strategy's tests. Not all criteria in the below table receive equal weighting or are independent, but the table provides a brief overview of the strong and weak points of the security in the context of the strategy's criteria. YIELD ADJUSTED P/E TO GROWTH (PEG) RATIO: PASS EARNINGS PER SHARE: PASS TOTAL DEBT/EQUITY RATIO: NEUTRAL EQUITY/ASSETS RATIO: PASS RETURN ON ASSETS: PASS FREE CASH FLOW: NEUTRAL NET CASH POSITION: NEUTRAL Detailed Analysis of CATHAY GENERAL BANCORP Full Guru Analysis for CATY Full Factor Report for CATY COPART, INC. (CPRT) is a large-cap growth stock in the Computer Services industry. The rating according to our strategy based on Peter Lynch changed from 87% to 91% based on the firm’s underlying fundamentals and the stock’s valuation. A score of 80% or above typically indicates that the strategy has some interest in the stock and a score above 90% typically indicates strong interest. Company Description: 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. The Company provides vehicle sellers with a range of services to process and sell vehicles primarily over the Internet through its virtual bidding third generation Internet auction-style sales technology (VB3). The Company's service offerings include Online Seller Access, Salvage Estimation Services, Estimating Services, End-Of-Life Vehicle Processing, Virtual Insured Exchange (VIX), Transportation Services, Vehicle Inspection Stations, On-Demand Reporting, Department of Motor Vehicle (DMV) Processing, Flexible Vehicle Processing Programs, Buy It Now, Member Network, Sales Process, Copart Dealer Services, CashForCars.com and U-Pull-It. The following table summarizes whether the stock meets each of this strategy's tests. Not all criteria in the below table receive equal weighting or are independent, but the table provides a brief overview of the strong and weak points of the security in the context of the strategy's criteria. P/E/GROWTH RATIO: PASS SALES AND P/E RATIO: PASS INVENTORY TO SALES: PASS EPS GROWTH RATE: PASS TOTAL DEBT/EQUITY RATIO: PASS FREE CASH FLOW: NEUTRAL NET CASH POSITION: NEUTRAL Detailed Analysis of COPART, INC. Full Guru Analysis for CPRT Full Factor Report for CPRT FIRST FINANCIAL BANCORP (FFBC) is a small-cap value stock in the Regional Banks industry. The rating according to our strategy based on Peter Lynch changed from 72% to 74% based on the firm’s underlying fundamentals and the stock’s valuation. A score of 80% or above typically indicates that the strategy has some interest in the stock and a score above 90% typically indicates strong interest. Company Description: First Financial Bancorp. (First Financial) is a regional bank holding company. First Financial is engaged in the business of commercial banking and other banking and banking-related activities through its subsidiary, First Financial Bank, National Association (the Bank). The range of banking services provided by First Financial to individuals and businesses includes commercial lending, real estate lending and consumer financing. First Financial offers deposit products that include interest-bearing and non-interest-bearing accounts, and cash management services for commercial customers. First Financial's Wealth Management division provides a range of trust and asset management services. It operates 159 banking centers in Ohio, Indiana and Kentucky. It operates its Commercial Finance division, responsible for its insurance lending business and franchise lending business, from a non-banking center location in Indiana. The following table summarizes whether the stock meets each of this strategy's tests. Not all criteria in the below table receive equal weighting or are independent, but the table provides a brief overview of the strong and weak points of the security in the context of the strategy's criteria. SALES: FAIL YIELD COMPARED TO THE S&P 500: PASS YIELD ADJUSTED P/E/GROWTH (PEG) RATIO: PASS TOTAL DEBT/EQUITY RATIO: NEUTRAL EQUITY/ASSETS RATIO: PASS RETURN ON ASSETS: PASS FREE CASH FLOW: NEUTRAL NET CASH POSITION: NEUTRAL Detailed Analysis of FIRST FINANCIAL BANCORP Full Guru Analysis for FFBC Full Factor Report for FFBC More details on Validea's Peter Lynch strategy Peter Lynch Stock Ideas About Peter Lynch: Perhaps the greatest mutual fund manager of all-time, Lynch guided Fidelity Investment's Magellan Fund to a 29.2 percent average annual return from 1977 until his retirement in 1990, almost doubling the S&P 500's 15.8 percent yearly return over that time. Lynch's common sense approach and quick wit made him one of the most quoted investors on Wall Street. (""Go for a business that any idiot can run -- because sooner or later, any idiot probably is going to run it,"" is one of his many pearls of wisdom.) Lynch's bestseller One Up on Wall Street is something of a ""stocks for the everyman/everywoman"", breaking his approach down into easy-to-understand concepts. About Validea: Validea is aninvestment researchservice that follows the published strategies of investment legends. Validea offers both stock analysis and model portfolios based on gurus who have outperformed the market over the long-term, including Warren Buffett, Benjamin Graham, Peter Lynch and Martin Zweig. For more information about Validea, click here The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
CPRT,2020-06-26,20.295,20.6512,19.72,19.905,"The Math Shows XLI Can Go To $74 Looking at the underlying holdings of the ETFs in our coverage universe at ETF Channel, we have compared the trading price of each holding against the average analyst 12-month forward target price, and computed the weighted average implied analyst target price for the ETF itself. For the The Industrial Select Sector SPDR— Fund ETF (Symbol: XLI), we found that the implied analyst target price for the ETF based upon its underlying holdings is $74.22 per unit. With XLI trading at a recent price near $67.39 per unit, that means that analysts see 10.14% upside for this ETF looking through to the average analyst targets of the underlying holdings. Three of XLI's underlying holdings with notable upside to their analyst target prices are Teledyne Technologies Inc (Symbol: TDY), Waste Management, Inc. (Symbol: WM), and Copart Inc (Symbol: CPRT). Although TDY has traded at a recent price of $308.51/share, the average analyst target is 11.29% higher at $343.33/share. Similarly, WM has 10.89% upside from the recent share price of $102.39 if the average analyst target price of $113.55/share is reached, and analysts on average are expecting CPRT to reach a target price of $90.28/share, which is 10.78% above the recent price of $81.50. Below is a twelve month price history chart comparing the stock performance of TDY, WM, and CPRT: Below is a summary table of the current analyst target prices discussed above: NAME SYMBOL RECENT PRICE AVG. ANALYST 12-MO. TARGET % UPSIDE TO TARGET The Industrial Select Sector SPDR— Fund ETF XLI $67.39 $74.22 10.14% Teledyne Technologies Inc TDY $308.51 $343.33 11.29% Waste Management, Inc. WM $102.39 $113.55 10.89% Copart Inc CPRT $81.50 $90.28 10.78% Are analysts justified in these targets, or overly optimistic about where these stocks will be trading 12 months from now? Do the analysts have a valid justification for their targets, or are they behind the curve on recent company and industry developments? A high price target relative to a stock's trading price can reflect optimism about the future, but can also be a precursor to target price downgrades if the targets were a relic of the past. These are questions that require further investor research. 10 ETFs With Most Upside To Analyst Targets » The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
CPRT,2020-06-29,19.91,20.5075,19.6375,20.485,
CPRT,2020-06-30,20.47,20.8438,20.3962,20.8175,
CPRT,2020-07-01,20.87,21.2562,20.8425,21.1475,
CPRT,2020-07-02,21.225,21.4163,20.9075,20.965,
CPRT,2020-07-06,21.2175,21.4175,21.1375,21.23,
CPRT,2020-07-07,21.195,21.6475,21.0,21.28,
CPRT,2020-07-08,21.295,21.4275,21.0512,21.3,
CPRT,2020-07-09,21.3425,21.3575,20.405,20.845,
CPRT,2020-07-10,20.78,20.84,20.4825,20.7625,
CPRT,2020-07-13,20.8625,20.95,20.315,20.375,
CPRT,2020-07-14,20.265,20.9438,20.2125,20.8875,"Validea Peter Lynch Strategy Daily Upgrade Report - 7/14/2020 The following are today's upgrades for Validea's P/E/Growth Investor model based on the published strategy of Peter Lynch. This strategy looks for stocks trading at a reasonable price relative to earnings growth that also possess strong balance sheets. COPART, INC. (CPRT) is a large-cap growth stock in the Computer Services industry. The rating according to our strategy based on Peter Lynch changed from 87% to 91% based on the firm’s underlying fundamentals and the stock’s valuation. A score of 80% or above typically indicates that the strategy has some interest in the stock and a score above 90% typically indicates strong interest. Company Description: 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. The Company provides vehicle sellers with a range of services to process and sell vehicles primarily over the Internet through its virtual bidding third generation Internet auction-style sales technology (VB3). The Company's service offerings include Online Seller Access, Salvage Estimation Services, Estimating Services, End-Of-Life Vehicle Processing, Virtual Insured Exchange (VIX), Transportation Services, Vehicle Inspection Stations, On-Demand Reporting, Department of Motor Vehicle (DMV) Processing, Flexible Vehicle Processing Programs, Buy It Now, Member Network, Sales Process, Copart Dealer Services, CashForCars.com and U-Pull-It. The following table summarizes whether the stock meets each of this strategy's tests. Not all criteria in the below table receive equal weighting or are independent, but the table provides a brief overview of the strong and weak points of the security in the context of the strategy's criteria. P/E/GROWTH RATIO: PASS SALES AND P/E RATIO: PASS INVENTORY TO SALES: PASS EPS GROWTH RATE: PASS TOTAL DEBT/EQUITY RATIO: PASS FREE CASH FLOW: NEUTRAL NET CASH POSITION: NEUTRAL Detailed Analysis of COPART, INC. Full Guru Analysis for CPRT Full Factor Report for CPRT AEROVIRONMENT, INC. (AVAV) is a small-cap growth stock in the Aerospace & Defense industry. The rating according to our strategy based on Peter Lynch changed from 87% to 91% based on the firm’s underlying fundamentals and the stock’s valuation. A score of 80% or above typically indicates that the strategy has some interest in the stock and a score above 90% typically indicates strong interest. Company Description: AeroVironment, Inc. designs, develops, produces, supports and operates a portfolio of products and services for government agencies, businesses and consumers. The Company operates through the Unmanned Aircraft Systems (UAS) segment, which focuses primarily on the design, development, production, support and operation of UAS and tactical missile systems that provide situational awareness, multi-band communications, force protection and other mission effects. The Company supplies UAS, tactical missile systems and related services primarily to organizations within the United States Department of Defense (DoD). The Company's small UAS products include Raven, Wasp AE, Puma AE and Shrike. The Company also offers the Qube, an UAS for law enforcement, search and rescue and fire department personnel. The following table summarizes whether the stock meets each of this strategy's tests. Not all criteria in the below table receive equal weighting or are independent, but the table provides a brief overview of the strong and weak points of the security in the context of the strategy's criteria. P/E/GROWTH RATIO: PASS SALES AND P/E RATIO: NEUTRAL INVENTORY TO SALES: PASS EPS GROWTH RATE: PASS TOTAL DEBT/EQUITY RATIO: PASS FREE CASH FLOW: NEUTRAL NET CASH POSITION: NEUTRAL Detailed Analysis of AEROVIRONMENT, INC. Full Guru Analysis for AVAV Full Factor Report for AVAV REGIONAL MANAGEMENT CORP (RM) is a small-cap value stock in the Consumer Financial Services industry. The rating according to our strategy based on Peter Lynch changed from 57% to 76% based on the firm’s underlying fundamentals and the stock’s valuation. A score of 80% or above typically indicates that the strategy has some interest in the stock and a score above 90% typically indicates strong interest. Company Description: Regional Management Corp. is a diversified consumer finance company. The Company provides an array of loan products primarily to customers with limited access to consumer credit from banks, thrifts, credit card companies and other traditional lenders. Its products include small loans, large loans, automobile loans, retail loans, and optional payment and collateral protection insurance products. It offers small loans ranging from $500 to $2,500, through its branches. It offers large installment loans with cash proceeds to the customer ranging from $2,501 to $20,000. As of December 31, 2016, automobile loans were offered in amounts up to $27,500. As of December 31, 2016, retail loans were indirect installment loans structured as retail installment sales contracts that were offered in amounts of up to $7,500. Optional Payment and Collateral Protection Insurance Products offer customers a number of optional payment and collateral protection insurance products. The following table summarizes whether the stock meets each of this strategy's tests. Not all criteria in the below table receive equal weighting or are independent, but the table provides a brief overview of the strong and weak points of the security in the context of the strategy's criteria. YIELD ADJUSTED P/E TO GROWTH (PEG) RATIO: PASS EARNINGS PER SHARE: PASS TOTAL DEBT/EQUITY RATIO: NEUTRAL EQUITY/ASSETS RATIO: PASS RETURN ON ASSETS: PASS FREE CASH FLOW: BONUS PASS NET CASH POSITION: NEUTRAL Detailed Analysis of REGIONAL MANAGEMENT CORP Full Guru Analysis for RM Full Factor Report for RM ENOVA INTERNATIONAL INC (ENVA) is a small-cap value stock in the Consumer Financial Services industry. The rating according to our strategy based on Peter Lynch changed from 78% to 96% based on the firm’s underlying fundamentals and the stock’s valuation. A score of 80% or above typically indicates that the strategy has some interest in the stock and a score above 90% typically indicates strong interest. Company Description: Enova International, Inc. is a technology and analytics company. The Company provides online financial services. As of December 31, 2016, the Company offered or arranged loans to consumers in 33 states in the United States and in the United Kingdom and Brazil. As of December 31, 2016, it also offered financing to small businesses in all 50 states and Washington D.C. in the United States. The Company provides online financial services to non-prime credit consumers and small businesses in the United States, United Kingdom, and Brazil. Its customers include small businesses, which have bank accounts but use alternative financial services because of their limited access to more traditional credit from banks, credit card companies and other lenders. The Company's financing products include short-term loans, line of credit accounts, installment loans and receivables purchase agreements (RPAs). The following table summarizes whether the stock meets each of this strategy's tests. Not all criteria in the below table receive equal weighting or are independent, but the table provides a brief overview of the strong and weak points of the security in the context of the strategy's criteria. P/E/GROWTH RATIO: PASS SALES AND P/E RATIO: PASS EPS GROWTH RATE: PASS TOTAL DEBT/EQUITY RATIO: NEUTRAL EQUITY/ASSETS RATIO: PASS RETURN ON ASSETS: PASS FREE CASH FLOW: BONUS PASS NET CASH POSITION: NEUTRAL Detailed Analysis of ENOVA INTERNATIONAL INC Full Guru Analysis for ENVA Full Factor Report for ENVA More details on Validea's Peter Lynch strategy Peter Lynch Stock Ideas About Peter Lynch: Perhaps the greatest mutual fund manager of all-time, Lynch guided Fidelity Investment's Magellan Fund to a 29.2 percent average annual return from 1977 until his retirement in 1990, almost doubling the S&P 500's 15.8 percent yearly return over that time. Lynch's common sense approach and quick wit made him one of the most quoted investors on Wall Street. (""Go for a business that any idiot can run -- because sooner or later, any idiot probably is going to run it,"" is one of his many pearls of wisdom.) Lynch's bestseller One Up on Wall Street is something of a ""stocks for the everyman/everywoman"", breaking his approach down into easy-to-understand concepts. About Validea: Validea is aninvestment researchservice that follows the published strategies of investment legends. Validea offers both stock analysis and model portfolios based on gurus who have outperformed the market over the long-term, including Warren Buffett, Benjamin Graham, Peter Lynch and Martin Zweig. For more information about Validea, click here The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
CPRT,2020-07-15,21.0875,21.73,21.0475,21.645,
CPRT,2020-07-16,21.6175,21.72,21.41,21.6325,
CPRT,2020-07-17,21.6525,21.8925,21.4025,21.81,
CPRT,2020-07-20,21.315,21.9175,21.165,21.8475,
CPRT,2020-07-21,21.9925,22.1588,21.77,21.9825,
CPRT,2020-07-22,21.985,22.43,21.9375,22.39,
CPRT,2020-07-23,22.575,23.27,22.4125,22.56,
CPRT,2020-07-24,22.5675,22.69,22.2625,22.38,
CPRT,2020-07-27,22.4975,22.9075,22.3371,22.8125,
CPRT,2020-07-28,22.8675,22.935,22.3775,22.41,"Validea Warren Buffett Strategy Daily Upgrade Report - 7/28/2020 The following are today's upgrades for Validea's Patient Investor model based on the published strategy of Warren Buffett. This strategy seeks out firms with long-term, predictable profitability and low debt that trade at reasonable valuations. COPART, INC. (CPRT) is a large-cap growth stock in the Computer Services industry. The rating according to our strategy based on Warren Buffett changed from 72% to 93% based on the firm’s underlying fundamentals and the stock’s valuation. A score of 80% or above typically indicates that the strategy has some interest in the stock and a score above 90% typically indicates strong interest. Company Description: 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. The Company provides vehicle sellers with a range of services to process and sell vehicles primarily over the Internet through its virtual bidding third generation Internet auction-style sales technology (VB3). The Company's service offerings include Online Seller Access, Salvage Estimation Services, Estimating Services, End-Of-Life Vehicle Processing, Virtual Insured Exchange (VIX), Transportation Services, Vehicle Inspection Stations, On-Demand Reporting, Department of Motor Vehicle (DMV) Processing, Flexible Vehicle Processing Programs, Buy It Now, Member Network, Sales Process, Copart Dealer Services, CashForCars.com and U-Pull-It. The following table summarizes whether the stock meets each of this strategy's tests. Not all criteria in the below table receive equal weighting or are independent, but the table provides a brief overview of the strong and weak points of the security in the context of the strategy's criteria. EARNINGS PREDICTABILITY: PASS DEBT SERVICE: PASS RETURN ON EQUITY: PASS RETURN ON TOTAL CAPITAL: PASS FREE CASH FLOW: PASS USE OF RETAINED EARNINGS: PASS SHARE REPURCHASE: PASS INITIAL RATE OF RETURN: PASS EXPECTED RETURN: PASS Detailed Analysis of COPART, INC. Full Guru Analysis for CPRT Full Factor Report for CPRT More details on Validea's Warren Buffett strategy Warren Buffett Stock Ideas About Warren Buffett: Warren Buffett is considered by many to be the greatest investor of all time. As the chairman of Berkshire Hathaway, Buffett has consistently outperformed the S&P 500 for decades, and in the process has become one of the world's richest men. (Forbes puts his net worth at $37 billion.) Despite his fortune, Buffett is known for living a modest lifestyle, by billionaire standards. His primary residence remains the gray stucco Nebraska home he purchased for $31,500 nearly 50 years ago, according to Forbes, and his folksy Midwestern manner and penchant for simple pleasures -- a cherry Coke, a good burger, and a good book are all near the top of the list -- have been well-documented. About Validea: Validea is aninvestment researchservice that follows the published strategies of investment legends. Validea offers both stock analysis and model portfolios based on gurus who have outperformed the market over the long-term, including Warren Buffett, Benjamin Graham, Peter Lynch and Martin Zweig. For more information about Validea, click here The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
CPRT,2020-07-29,22.6175,23.2625,22.6175,23.18,
CPRT,2020-07-30,22.8225,23.3375,22.75,23.1825,
CPRT,2020-07-31,23.2775,23.325,22.785,23.3125,
CPRT,2020-08-03,23.3625,23.5512,23.28,23.3225,
CPRT,2020-08-04,23.32,24.21,23.3025,24.21,
CPRT,2020-08-05,24.225,24.475,24.0775,24.3925,
CPRT,2020-08-06,24.4975,24.7216,24.3625,24.705,
CPRT,2020-08-07,24.7575,24.8575,24.695,24.81,
CPRT,2020-08-10,24.695,24.865,24.6425,24.715,
CPRT,2020-08-11,24.765,25.1825,24.6525,24.985,"The Hidden Reason Copart's Shares Soared in July What happened Shares of online salvage auctioneer Copart (NASDAQ: CPRT)'s shares were up 12% for July, according to data from S&P Global Market Intelligence. The stock saw its biggest gain -- of between 6.2% -- between July 13 and 14, despite announcing no news of significance. The S&P 500 only rose 2.3% during those two days, and was up just 5.5% for the month. Image source: Getty Images. So what Although Copart is often considered a tech company, it auctions vehicles on its online platform, and it seems as though positive news elsewhere in the auto industry spilled over to benefit Copart's shares. On July 10 -- the trading day before the stock's big rise -- the auto industry got some good news from China, the world's largest market for vehicles. In Q2 2020, Chinese auto sales rose 10.4% over the prior year quarter, according to the China Association of Automobile Manufacturers. It was the industry's first quarterly gain after almost two straight years of quarterly declines. Then, on July 13, Ford (NYSE: F) unveiled a new line of off-road SUVs, resurrecting the Bronco brand name. Ford's shares gained 11.2% between July 13 and 14, a sign of investors' renewed confidence in the traditional automaker. Other auto industry companies benefited from the boost to the industry. General Motors' stock, for example, also beat the market over the two-day period, with shares up 8.1%. Now what It's unlikely that the resurrection of the Ford Bronco will help online vehicle auctioneer Copart, whose customers are salvage yards, parts suppliers, and insurance companies buying and selling salvage vehicles online -- although I suppose you could argue that an off-roading Ford Bronco is more likely to need replacement parts at some point than a commuter's sedan. Copart is a global brand with customers in 170 countries, including China, but China isn't one of the 11 countries where it has physical locations, so that news is equally unlikely to affect the bottom line. Copart has been a long-term outperformer, although at 34.3 times earnings, shares are at the high end of their 10-year range. But July's auto news shouldn't really affect your thesis. 10 stocks we like better than Copart When investing geniuses David and Tom Gardner have a stock tip, it can pay to listen. After all, the newsletter they have run for over a decade, Motley Fool Stock Advisor, has tripled the market.* David and Tom just revealed what they believe are the ten best stocks for investors to buy right now... and Copart wasn't one of them! That's right -- they think these 10 stocks are even better buys. See the 10 stocks *Stock Advisor returns as of August 1, 2020 John Bromels owns shares of Ford. The Motley Fool recommends Copart. The Motley Fool has a disclosure policy. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
CPRT,2020-08-12,25.0025,25.2225,24.92,24.995,
CPRT,2020-08-13,24.935,25.1088,24.849,25.0025,
CPRT,2020-08-14,24.9,25.0475,24.9,25.0025,
CPRT,2020-08-17,25.1475,25.3275,25.01,25.29,
CPRT,2020-08-18,25.3025,25.3362,25.05,25.25,
CPRT,2020-08-19,25.0075,25.2375,25.005,25.1275,
CPRT,2020-08-20,24.995,25.1788,24.8351,25.0975,
CPRT,2020-08-21,24.9725,25.23,24.75,25.1725,
CPRT,2020-08-24,25.25,25.325,25.135,25.2075,
CPRT,2020-08-25,25.39,25.5,25.21,25.47,
CPRT,2020-08-26,25.3675,25.6725,25.2825,25.6075,
CPRT,2020-08-27,25.7375,25.9156,25.5475,25.77,
CPRT,2020-08-28,25.7625,26.07,25.645,26.02,
CPRT,2020-08-31,25.98,26.0575,25.8052,25.83,
CPRT,2020-09-01,25.8325,26.07,25.7325,26.005,
CPRT,2020-09-02,26.11,26.2575,25.915,26.2,"After-Hours Earnings Report for September 2, 2020 : CPRT, CRWD, MDB, GWRE, SMAR, FIVE, SAIC, PVH, CLDR, PD, AMBA, ZUO The following companies are expected to report earnings after hours on 09/02/2020. Visit our Earnings Calendar for a full list of expected earnings releases. Copart, Inc. (CPRT) is reporting for the quarter ending July 31, 2020. The auction company's consensus earnings per share forecast from the 6 analysts that follow the stock is $0.39. This value represents a 35.00% decrease compared to the same quarter last year. CPRT missed the consensus earnings per share in the 2nd calendar quarter of 2020 by -9.38%. Zacks Investment Research reports that the 2020 Price to Earnings ratio for CPRT is 45.82 vs. an industry ratio of 30.10, implying that they will have a higher earnings growth than their competitors in the same industry. CrowdStrike Holdings, Inc. (CRWD) is reporting for the quarter ending July 31, 2020. The internet software company's consensus earnings per share forecast from the 6 analysts that follow the stock is $-0.12. This value represents a 70.73% increase compared to the same quarter last year. In the past year CRWD has beat the expectations every quarter. The highest one was in the 2nd calendar quarter where they beat the consensus by 40%. MongoDB, Inc. (MDB) is reporting for the quarter ending July 31, 2020. The internet software company's consensus earnings per share forecast from the 4 analysts that follow the stock is $-0.89. This value represents a 53.45% decrease compared to the same quarter last year. The ""days to cover"" for this stock exceeds 10 days.Guidewire Software, Inc. (GWRE) is reporting for the quarter ending July 31, 2020. The business software company's consensus earnings per share forecast from the 4 analysts that follow the stock is $0.20. This value represents a 45.95% decrease compared to the same quarter last year. In the past year GWRE has met analyst expectations once and beat the expectations the other three quarters. Zacks Investment Research reports that the 2020 Price to Earnings ratio for GWRE is -904.00 vs. an industry ratio of -107.40. Smartsheet Inc. (SMAR) is reporting for the quarter ending July 31, 2020. The internet software company's consensus earnings per share forecast from the 6 analysts that follow the stock is $-0.34. This value represents a 112.50% decrease compared to the same quarter last year. In the past year SMAR has beat the expectations every quarter. The highest one was in the 2nd calendar quarter where they beat the consensus by 37.14%. Five Below, Inc. (FIVE) is reporting for the quarter ending July 31, 2020. The retail company's consensus earnings per share forecast from the 9 analysts that follow the stock is $0.14. This value represents a 72.00% decrease compared to the same quarter last year. FIVE missed the consensus earnings per share in the 2nd calendar quarter of 2020 by -160%. Zacks Investment Research reports that the 2021 Price to Earnings ratio for FIVE is 72.88 vs. an industry ratio of 22.30, implying that they will have a higher earnings growth than their competitors in the same industry. SCIENCE APPLICATIONS INTERNATIONAL CORPORATION (SAIC) is reporting for the quarter ending July 31, 2020. The information technology services company's consensus earnings per share forecast from the 7 analysts that follow the stock is $1.42. This value represents a 5.19% increase compared to the same quarter last year. Zacks Investment Research reports that the 2021 Price to Earnings ratio for SAIC is 13.71 vs. an industry ratio of 4.90, implying that they will have a higher earnings growth than their competitors in the same industry. PVH Corp. (PVH) is reporting for the quarter ending July 31, 2020. The textile company's consensus earnings per share forecast from the 8 analysts that follow the stock is $-2.68. This value represents a 227.62% decrease compared to the same quarter last year. PVH missed the consensus earnings per share in the 2nd calendar quarter of 2020 by -67.4%. Zacks Investment Research reports that the 2021 Price to Earnings ratio for PVH is -19.81 vs. an industry ratio of 29.30. Cloudera, Inc. (CLDR) is reporting for the quarter ending July 31, 2020. The internet software company's consensus earnings per share forecast from the 4 analysts that follow the stock is $-0.07. This value represents a 70.83% increase compared to the same quarter last year. In the past year CLDR has beat the expectations every quarter. The highest one was in the 2nd calendar quarter where they beat the consensus by 13.33%. PagerDuty, Inc. (PD) is reporting for the quarter ending July 31, 2020. The internet software company's consensus earnings per share forecast from the 2 analysts that follow the stock is $-0.15. This value represents a 11.76% increase compared to the same quarter last year. PD missed the consensus earnings per share in the 4th calendar quarter of 2019 by -5.26%. Ambarella, Inc. (AMBA) is reporting for the quarter ending July 31, 2020. The electric company company's consensus earnings per share forecast from the 8 analysts that follow the stock is $-0.43. This value represents a 53.57% decrease compared to the same quarter last year. AMBA missed the consensus earnings per share in the 1st calendar quarter of 2020 by -20%. The ""days to cover"" for this stock exceeds 10 days. Zacks Investment Research reports that the 2021 Price to Earnings ratio for AMBA is -37.97 vs. an industry ratio of 3.60. Zuora, Inc. (ZUO) is reporting for the quarter ending July 31, 2020. The internet software company's consensus earnings per share forecast from the 2 analysts that follow the stock is $-0.17. This value represents a 10.53% increase compared to the same quarter last year. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
CPRT,2020-09-03,27.1675,27.5,25.3175,25.735,"[""Copart, Inc. (CPRT) Q4 2020 Earnings Call Transcript Image source: The Motley Fool. Copart, Inc. (NASDAQ: CPRT) Q4 2020 Earnings Call Sep 3, 2020, 11:00 a.m. ET Contents: Prepared Remarks Questions and Answers Call Participants Prepared Remarks: Operator Please standby. Good day everyone, and welcome to the Copart Incorporated Fourth Quarter Fiscal 2020 Earnings Call. Just a reminder, today's conference is being recorded. For opening remarks and introductions, I would like to turn the call over to Mr. Jay Adair, Chief Executive Officer of Copart Incorporated. Please go ahead, sir. A. Jayson Adair -- Chief Executive Officer Thank you, Casey. Good morning everyone and welcome to our fourth quarter call. I'd like to pass over to Jeff Liaw, our President to do the Safe Harbor, and then we'll go ahead and you give you an update on the quarter. Jeff? Jeffrey Liaw -- President Thanks, Jay. During today's call, we'll discuss certain non-GAAP measures, which include adjustments to reverse the effect of certain discrete income tax items, disposal of non-operating assets, foreign currency-related gains and losses, certain income tax benefits and payroll taxes related to accounting for stock option exercises and the effect on common equivalent shares from ASU 2016-09. We've provided a reconciliation of these non-GAAP financial measures to the most directly comparable GAAP measures on our website under the Investor Relations link and in our press release issued yesterday. We believe these non-GAAP measures, together with our corresponding GAAP measures, are relevant in assessing our business trends and performance. We analyze our results on both GAAP and non-GAAP basis. In addition, our comments today include forward-looking statements within the meaning of federal securities laws, including management's current views with respect to trends, opportunities and uncertainties in our markets, including with respect to the COVID-19 pandemic. These forward-looking statements involve substantial risks and uncertainties. For more detail on the risks associated with our business, we refer you to the section titled Risk Factors in our Annual Report on Form 10-K for the year ended July 31, 2019 and each of our subsequent quarterly reports on Form 10-Q. Any forward-looking statements are made as of today and Copart has no obligation to update or revise any forward-looking statements. Jay? A. Jayson Adair -- Chief Executive Officer Thank you, Jeff. Well, recently, I was discussing with Willis the accomplishments achieved in 2020. And to say it was a unique year would be an understatement on so many fronts. The year started very strong, no question about that. August was ahead of the prior year both in assignments, in units sold, and in per car yield. The great people that make Copart perform across the organization worked executing both internationally and domestically, in existing operations. From picking up vehicles, imaging those vehicles, doing -- receiving inventory, processing title, and eventually auctioning and selling off those vehicles. But also we were executing on future opportunities like finding land for capacity, making technological improvements to our internal platforms and our website, creating pipeline supply both through our marketing efforts and our sales team. And really the list of accomplishments goes on and on. We had no reason to see 2020 as anything other than being our best year yet were Copart would achieve record financial performance in an over 26-year history of filing Ks as a public company. By mid-year, we didn't believe that was going to be the case. The world was changing by the hour and the government was actually contemplating and eventually would implement a policy of shutting down non-essential businesses and restricting how frequently and where people drive. This was not just in the US, but we were seeing this globally in markets where Copart does business. Today, we have the benefit of hindsight and despite all the challenges of 2020, it was a year where we actually did put down record performance both from an operational standpoint, but also record financial performance that out did every year prior to 2020. And I will tell you, in the past we have had many great years where we question whether we could raise the bar again after such performance. As you know from history, we have continued to grow Copart and we have done that again in 2020 even in the face of such an unprecedented and challenging environment. So how do we do this, you might ask. Well, it's a cultural thing. And culture starts with people. We at Copart have the best people in the industry. We talk about people, process, and technology and while technology and process have driven our business for over two decades, it is the people that not only do the day-to-day execution, but also that can pivot and if necessary course correct on a dime when things get challenging. And that's exactly what happened in fiscal 2020. We didn't let the pandemic control us or change our long-term goals, but we did course correct in the short term to address head on the safety of our customers and our employees. Throughout this period we never dropped the ball on executing inside the organization for our members, our sellers, and our fellow employees. While August, the first months of fiscal 2020 was a record month, April was not. April was off 37% in assignments and 16% in units sold. In terms of assignment volume, it was the worst month of the fiscal year, with people not just social distancing, but staying home from school and work, failing to eat out at restaurants, seeing their hair salon and movie theaters closed and the list goes on. Our immediate response was to communicate to all of our employees to stay focused on the job at hand. And that's exactly what our people did. And while they committed to our customers, we committed to them promising no furloughs, and no reduced hours. We wanted them to know that while they had our customers back, we had their back. We could have reacted to the environment we faced two ways, positively or negatively. The fact is we chose the prior, not the latter. And view this lull in volume as an opportunity, an opportunity to straighten up yards and office space, work hold inventory, gets zoning approved on land that might have otherwise not been approved prior to COVID and implement efficiencies in our process, all while utilizing new technologies developed during the year. In 2020, we spent over $500 million in capex and added over 2000 acres to our capacity. And I might add, the team never slowed down during the worst of the COVID pandemic. 2020 is a great example of Copart's performance in challenging times. We did this in 2008 during the financial crisis and we have now done this again during a COVID-19 pandemic. Life is unpredictable, always has been, always will be, but at Copart we will always take the position of having a long-term view and that will always include having a conservative balance sheet. We are owners and thus behave like owners. We challenged the norm every day, we get results and in -- and in the process it all comes down to our people. People who we celebrate with passion and people who act with integrity in every decision and every action that they make. I used to say before 2008 that we were a recession resistant company. After 2008, I started saying that we were recession-proof. And now after 2020, I can confidently say we are a pandemic proof company. When Willis and I, ended our call, I reflected on all that we'd achieved in the year, and all that I'm thankful for. And when talking specifically about Copart, it's our people. I couldn't be prouder of the year and all their achievements. I'd now like to introduce, our President, Jeff Liaw. Jeffrey Liaw -- President Thank you, Jay. Before turning to our financial performance for the quarter, which will provide the metrics we do customarily, a handful of observations about, of course, the COVID-19 crisis specifically. We anticipate many questions about recent trends for which we will provide you our most informed perspectives of course. We also want to draw you back, as Jay just did, to the strategic and operational principles that guide our decision-making and have guided us through the pandemic including investing in people, technology and process as Jay just articulated. We are immensely proud of our people for delivering our essential service to the communities we work and around the world. We elaborated in more detail on our last call about how important it is that we do what we do to enable the roads and our societies infrastructure to function as it does. We've done so well, adapting on the fly to keep our employees, members and customers safe. History has shown that we distinguish ourselves in time of crisis and in investing in our people, processes, technology and land against the backdrop of arguably the biggest economic disruption of our lifetimes, we think we've done so again. Our aspiration throughout the crisis has been to deliver much, much more than business as usual. We have adapted real-time to our customers workflow modifications, their process changes, we've deployed new technology that has enhanced what we do and what they do as well. I wanted to make a handful of observations about some of the key industry drivers that we talk about regularly, including miles driven, accident frequency, total loss frequency, and matters like that before talking about the details of the quarter. As we noted on our last call and in Jay's overview, we observed substantial declines in driving activity in March and April and therefore assignments in inventory as well. Since June, we've seen a gradual and steady improvement in activity levels with the United States generally recovering more quickly than some of our international markets. Miles driven in the US appears to have troughed in April, with data sources showing a substantial recovery since then, but very mixed on the magnitude of the recovery. We track sources, many of which, I'm sure you do as well including Google, Apple, INRIX, University of Washington's Institute for Health Metrics and Evaluation, all of which or most of which show substantial decline still in comparison to last year. As another guide post, we track data published on gasoline consumption by the United States Government's Energy Information Administration, which shows that at least for recent weeks, gasoline consumption down mid to-high-single digits year-over-year. We do believe we've seen evidence of relative increases in driving activity as a substitute for mass transit and ride sharing, with good evidence that either or both of those channels of transportation have declined over 50% year-over-year during the course of the pandemic. On accident frequency, conventional wisdom has been that accident frequency is positively correlated with miles driven because congestion naturally contributes to accident frequency. During the pandemic, we've seen very strong evidence that the opposite has proven true. With our roads less crowded, speeding and distracted driving have both increased substantially, contributing at least in the near term to increased accident frequency per miles driven. Over the very long haul, over Copart's near 40 year existence, we have generally seen accident frequency decline as cars get safer. The overwhelming offsets to that of course has been total loss frequency. And on total loss frequency itself, we have seen evidence of increasing total loss frequency during the pandemic as well. There are some near-term catalysts including repair shop interruptions, supply chain interruptions for repair parts and the like, but there are also key critical long-term durable drivers of the same, including our improving auction returns, which I will address next. But auction returns, repair costs, vehicle complexity, those same themes remain the case in the quarter as well. Turning to average selling prices. We experienced a 26.4% increase in global average selling prices year-over-year for the quarter. That is a record change for Copart and occurred despite some natural headwinds in the business. We've talked at length in the past about the importance of cultivating our international buyer base in particular. And in this quarter and really for the past five years and more, it has paid dividends to the business and has done so very much during the pandemic as well. Our member recruitment and retention efforts when married with our auction technology, as a reminder, we have been natively and exclusively a digital auction platform since 2003. Together those have contributed and caused substantial ASP outperformance year-over-year. There are no doubt some near term technical factors worth commenting on as well, including strong used car prices against a scarce new car environment, given production constraints, there are some supply chain issues, regarding automotive parts replacement and for the repair network as well. But nonetheless, despite very substantial currency headwinds on a year-over-year basis, we have experienced average selling prices for Copart vehicles at all-time highs. With that, I'll turn to the actual fourth quarter financial results. We're pleased with the results of the quarter. We experienced the global revenue decline of 3% or just shy of $17 million year-over-year, including an unfavorable year-over-year currency effect of $2.2 million dollars from foreign operations, primarily due to the strengthening of the US dollar, but also partially due to a shift of a customer from a purchase arrangement to a consignment engagement instead. Our global service revenue, which we have generally informed you is a better barometer for business activity, declined 2.7% year-over-year with the US down 2.5% in our international business down 4.5%. We experienced purchase vehicle decline in revenue of $4.2 million or just shy of 6% year-over-year as growth in the US was more than offset by decline internationally, including that customer shift to a fee-based sales arrangement in the United Kingdom. Our global unit sales decreased by 18% year-over-year, with US unit decreases of 16.3% for the quarter and international declines of 27.1%. I'll elaborate on that separation momentarily. Our US unit decline was of course driven primarily by COVID-19 and its impact on miles driven and therefore consignment volume to Copart. Our non-insurance volume declined 16%, though there is a significant divergence of the underlying sources of automobiles within that segment or comment on momentarily as well. Our international markets encountered in some cases more aggressive responses to COVID-19, affecting driving activity, but also title processing and therefore units sold. Within our non-insurance business, our charities and wholesalers business were the most significantly impacted by COVID-19. Excluding those two portions, our non-insurance volume actually grew year-over-year. Our dealer platform in particular, serving automotive dealers who consigned their non-damaged vehicles through Copart, increased year-over-year. We continue to attribute our strong non-insurance and dealer performance to our mature natively digital auction platform. We've seen persuasive evidence that otherwise dealer consigned wholesale auction volumes have declined industrywide, but we experienced year-over-year growth as a result of the liquidity and service that we can provide. On global inventory, we decreased 10.8% compared to the same moment July 31, 2019. In the US, we experienced inventory decline of 12.3%, international inventory declined 1.1%. You'll note that our international unit sales declined more significantly than US sales but international inventory did not decline as much. That's a reflection in part of some of the title processing issues I mentioned a moment ago, which has challenged our ability to move cars through the pipeline in certain of our international markets. We don't believe this will have any long-standing or long lasting effects on the business. It's merely a reflection of near term technical considerations in light of COVID-19. Our gross profit increased 3.2% from $242.6 million to $250.4 million. Our rate change, our gross margin rate increased from 44.7% to 47.6%. In the US, our increase from 48% -- from 48.8% to 50.1% is a reflection of a number of offsetting forces, including increased average selling prices, which we've talked about at length already, but offset by yard efficiencies or relative inefficiencies due to cost absorption of fewer than expected volumes. Our international gross margin increased substantially due in parts to the shift of the customer from a purchase arrangement to a consignment agreement instead. Turning to general and administrative expenditures for the quarter. We have always said that G&A expenditures will fluctuate and grow over time. We will continue to leverage G&A over the long haul, but that's taking a perspective across multiple quarters really for G&A and other drivers as well is the best measure of our actual investment in general and administrative costs. On a year-over-year basis, we're down from $39.8 million a year ago to $34.6 million in the fourth quarter of 2020, including reductions in travel expenditures and other such changes that would be attributable to COVID-19. Our GAAP operating income increased from $192.8 million to $205.7 million for the quarter or an increase of 6.7%. Our net interest expense was up 12.9% year-over-year, due in part to our upsize revolver and fees incurred as a result, as well as lower interest earned on our cash balances. On our fourth quarter income tax, we incurred expenses of $36.3 million, which reflects a $6.6 million tax benefit on the exercise of employee stock options offset by a $4.7 million impact from discrete income tax items, all of which have been reflected in the non-GAAP earnings reconciliation you've seen. GAAP net income decreased from the fourth quarter of '19 of $153.5 million to $165, pardon me, increased from $153.5 million to $165.5 million or an increase of 7.8% year-over-year. Non-GAAP income increased by 14.7% from $142.5 million to $163.4 million year-over-year. Last few comments on the balance sheet and our cash flow. On July 21, we increased upsized our revolver from $850 million to $1.50 [Phonetic] billion and extended the maturity through July 21, 2023. It's a reflection of our conservative capitalization and strong credit profile that we were able to achieve that extension and upsizing in a financial or in an economic crisis. As of July 31, then we had a $1.5 billion of liquidity, which we continue to use to invest in our business. Operating cash flow for the quarter was $267 million, an increase of $74 million relative to the fourth quarter of 2019, driven by a combination of higher earnings as well as working capital. As noted previously, we continue to invest in our business long term, with land as one critical dimension, but certainly not the exclusive one. We invested $112.7 million of capex in the fourth quarter alone, 90% of which was attributable to capacity expansion alone. We finished the quarter with just shy of $0.5 billion worth of cash on the balance sheet, $477.7 million of cash. We remain well equipped then to invest in our business for the long-term. We're pleased with our fourth quarter. And at this point, Casey, we'll open it up for questions. Questions and Answers: Operator Thank you. Ladies and gentlemen, at this time we will open the floor for questions. [Operator Instructions] We'll take our first question from Robert Labick with CJS Securities. Robert Labick -- CJS Securities -- Analyst Good morning. Congratulations on strong operating performance in a uniquely difficult environment. A. Jayson Adair -- Chief Executive Officer Thank you Bob. Robert Labick -- CJS Securities -- Analyst I wanted to start, you mentioned obviously used car pricing is opposite at all-time highs according to Manheim, pretty much anywhere you look. So two questions related to that. I'm just trying to tease out, the drivers for your strong ASPs, your record ASPs. Can you talk a little bit about, is it more from the dealer or drivable cars or more from the insurance cars being bought by dismantlers, which was a bigger component in driving the ASP growth? A. Jayson Adair -- Chief Executive Officer Just the sheer volume of the cars, Bob would just mathematically make it so that it has to be the insurance volume driving the 26% increases year-over-year. As you know, the non-insurance cars in the aggregate only comprised about a quarter of our -- a quarter of our units sold. So it is like for like insurance vehicles. Robert Labick -- CJS Securities -- Analyst Got it, OK. And those were, generally speaking, close to the 26% I guess, probably would have been a better way to ask it in terms of overall ASPs for 26%, were insurance close to that as well? A. Jayson Adair -- Chief Executive Officer Correct. Yes. Robert Labick -- CJS Securities -- Analyst Okay, got it. Great. And then, generally speaking, as used car pricing rises, there may be an offsetting impact to total loss frequency, but obviously we're in a different or unique world, and it is a short time period, but has there been any suppression on total losses or is there, how is that dynamic working out in the current environment? A. Jayson Adair -- Chief Executive Officer Well, the dynamic is -- it's the relative value of the cars when it comes to that total loss equation Bob that you know well from having tracked us forever, but it's the relative value of the intact car versus -- versus the wrecked cars that drives total loss frequency. And while certainly, yes, used car prices are high and all else equal those used car prices being that robust suppresses volumes that would come to Copart, increasing salvage returns by as much as we have arguably drive total loss frequency on a net basis up nevertheless. So yes, if our salvage returns were going up 25% while used car prices were flat or down that would drive still more volume. The point is that at least for the quarter, used car prices are very strong, but salvage returns almost certainly where stronger still. Robert Labick -- CJS Securities -- Analyst Got it. Okay, great. And then has there been any change in the supply dynamics because of the higher proceeds you're receiving? Meaning, are you getting different sellers coming into the market that before maybe weren't interested in using Copart, but seeing the record proceeds are starting to either give you more cars or any kind of change in supply? A. Jayson Adair -- Chief Executive Officer That's been true within the non-insurance space for years, Bob. That as our cars gravitate more from back in the day, 40 years ago, 35 years ago, selling metal by the pound to selling parts 20 years ago, to selling intact drivable cars today even within our insurance cars themselves that liquidity has naturally invited more and more participants to the auction. And that's certainly been true over the past quarter, and the past year, and the past five years as well. So yes, in short, but not -- not disruptively so in the last 90 days. Robert Labick -- CJS Securities -- Analyst Got it. Okay, great. Last one from me, I promise. Just curious about, I know in the past, certainly [Indecipherable] cars that went to auction sold, but that was mostly when it was all insurance cars and as you've had more dealer non-insurance, I know conversion rates are very high, but has there been any change in conversion rates given the scarcity of vehicles during the quarter, so that maybe you even benefited from even higher conversion rates than in the not too distant past? A. Jayson Adair -- Chief Executive Officer Not unusually so Bob. I think conversion rates are very robust and we track and manage carefully, but again wouldn't say there was an unusual disruption in the quarter. Robert Labick -- CJS Securities -- Analyst Got it. Okay, super. Thanks so much. Operator And our next question comes from Craig Kennison with Robert W. Baird & Company. Craig Kennison -- Robert W. Baird & Company -- Analyst Thanks. Thanks for taking my questions. Congratulations. I wanted to follow up on the non-insurance market. I mean, you've got this all digital platform, you've had it for a long time now. That should have been an ideal platform for you, during the pandemic, when a lot of the physical competitors were closed. I'm curious to what extent Copart was able to capitalize on this opportunity, specifically to grow in the used car market? A. Jayson Adair -- Chief Executive Officer Fair question Craig. I think the math we do isn't any different from what you would. So when you track the other publicly traded auction houses for whole cars, I think you can see were relative performance would have been. I think we've noted that others have experienced declines in a period, and meaningful declines in a period, but we actually experienced growth. So I think that's about all we know directionally. So we don't have any insider perspective, in particular on those other companies, but we do believe against a backdrop of generally declining wholesale dealer volume that we have increased year-over-year. Craig Kennison -- Robert W. Baird & Company -- Analyst Am I right that this was a unique opportunity for you to really pitch the service to potential sellers? And maybe you've got a better look this time than in past pitches? A. Jayson Adair -- Chief Executive Officer I'd say yes and no. COVID-19 certainly has underscored how powerful Copart's natively digital platform, which has been exclusively digital since 2003. And having lived that way for 17 years means that we have honed that platform and understand it well. And other competitors had to do so at the tip of the spear, had to virtualize overnight. And yes, I think Copart is distinct in that regard. So on the margin surely it has -- it has enhanced our value proposition in COVID-19, of course. It's also across any walk of life, difficult to meet new people. So it's -- it has reduced what otherwise might be the natural selling cadence as you get to know new parties, dealers and otherwise. But I think on balance, it has been a very positive for us at Copart. Craig Kennison -- Robert W. Baird & Company -- Analyst And then circling back on the ASP commentary, I mean it's just an incredible number. To what extent do you think that reverses over time knowing that the pandemic was a factor? I know the long-term trend has been up, but for those of us who have to build a model should we bake-in some year-over-year decline as we lap that next year? A. Jayson Adair -- Chief Executive Officer The short answer Craig is -- is that I don't know. There are -- as I noted in those comments a moment ago, certainly some near term technical factors to consider. The underlying drivers I think are still very long-term favorable, but as for predicting precisely what happens next quarter next year, I think that remains challenging. I would say that there has been some -- as one tidbit here. When we look at the buyers, non-US buyers of Copart cars at US auctions, we know that their currencies declined very meaningfully year-over-year. So they're purchasing power was meaningfully compromised relative to a year ago. But nonetheless, the value of the cars they purchased increased substantially, plus or minus in proportion with our overall ASP increase, which meant that in their local currency they're spending still more and dramatically more. So I think the power of that liquidity is never going away. There is the flywheel affects now of driving more total loss frequency with outstanding returns we get lighter damaged cars, which brings more buyers. But we do think that this is a productive period for us in further spinning that flywheel. Exactly what the year-over-year comparison will look like, Craig, we don't know. Craig Kennison -- Robert W. Baird & Company -- Analyst Great. Thank you so much. A. Jayson Adair -- Chief Executive Officer Thanks, Greg. Operator We'll take our next question from Daniel Imbro with Stephens Inc. Daniel Imbro -- Stephens Inc. -- Analyst Hey, good morning guys. Just wanted to start on, on the G&A side, really impressive control. I think probably one of the biggest surprises in the composition of the quarter to us, you mentioned travel being down, but can you provide any more color on kind of where you did remove cost? You mentioned, I think there wasn't any furlough or employee removal, so how do you think about like the sustainability of the cost cuts, has anything changed there in your thinking? A. Jayson Adair -- Chief Executive Officer No, nothing has changed in our thinking. We did not furlough employees and continue to invest in our people. We continue to hire, to train, to promote, because that's what it takes to build a successful business over the next 20 years. Hard stop. On G&A, I'll be militantly consistent, right, in quarters where it's up a couple of million or down a couple of million -- I'll ask you to use many quarters to draw your trend lines. No individual quarter is the right predictive model for future trends. Daniel Imbro -- Stephens Inc. -- Analyst Another follow-up on Craig's dealer question, you clearly gained share in the quarter. When you talk to the dealers on your platform, are you seeing them stay on Copart as some of the competitors reopen? And if they are, does that change you guys long-term strategy around how much of your business could be a dealer or should be a dealer? I think in the past you mentioned you don't want that to be a majority of your business. But yeah, how has the success in that during the pandemic maybe impacted those long-term thoughts? A. Jayson Adair -- Chief Executive Officer We've grown dealer business very steadily and very consistently for years. So I don't -- we don't perceive this as a temporary one-time pickup. We invest in that business because it is an excellent and profitable business for us and we invested it because it's an excellent and profitable addition to our auction liquidity, which ultimately benefits our insurance customers as well as we draw ever more buyers to our platform. We also will drive salvage returns upwards. So I would say even before COVID-19, the whole -- the whole car auction business is as competitive as it has ever been, with very strong incumbents, with strong venture backed new entrants into the business as well. And even against that backdrop, we continue to grow our volume virtually every quarter for as many as many years I've been here, certainly. And we don't expect -- we believe that competitive advantage is that -- is the auction liquidity point. And if anything, our liquidity will improve as a result of COVID-19. Daniel Imbro -- Stephens Inc. -- Analyst Got it. That's helpful. And then last one for me. Touching on the balance sheet as we think about uses for cash, I wanted to hear your thoughts on capacity. I mean to handle more volume and continued growth, we're going to have two choices. You add capacity or you improve your throughput pretty hard. Is there a meaningful opportunity to really improve throughput from here? Or as we think about long term capex, is that going to have to -- should that continue to grow to support future volume growth? Thanks. A. Jayson Adair -- Chief Executive Officer Thanks Daniel. We will do both and have to do both. So we -- we focus very much on improving cycle times and turning cars more quickly, both because it is capital efficient for us, but also because it is a better outcome for our customers who can settle claims and close files more quickly, who can achieve better auction returns with less depreciation, with the cars is sitting on our properties. So that is a -- an evergreen initiative on the part of Copart and has been forever. So yes, we will invest in reducing cycle times and can improve. But also, yes, we will continue to invest in our land and capacity, because it is absolutely necessary to serve our customers well, both in the ordinary course and in catastrophic times. We have to be prepared to absorb volatility. So we are happily investing and have invested through the pandemic in additional capacity. And expect to do so for years to come. Daniel Imbro -- Stephens Inc. -- Analyst Great. Thanks so much guys and best of luck. A. Jayson Adair -- Chief Executive Officer Thank you. Operator We'll take our next question from Bret Jordan with Jefferies. Bret Jordan -- Jefferies -- Analyst Hey, good morning guys. A. Jayson Adair -- Chief Executive Officer Good morning. Bret Jordan -- Jefferies -- Analyst I got cut off for a second. So hopefully, I'm not going to ask this question twice, but I guess if you think about pricing and its role in the quarter. Could you talk year-over-year about maybe what you've seen from a pricing increase? And as you look at the whole cars as you get into the dealer space and you're competing with some legacy players, is there any bias to move prices lower as people will compete for share in that space? A. Jayson Adair -- Chief Executive Officer I want to make sure I understand, precisely, your question, Bret. You mean the prices we achieve at auction for the vehicles or the prices [Speech Overlap] Bret Jordan -- Jefferies -- Analyst Yeah. The rate on buyer fees year-over-year in the insurance space and then whether or not there is any bias to be increasingly competitive on the fees charged as you get into the dealer cars? A. Jayson Adair -- Chief Executive Officer On fees we don't -- don't comment Bret. Publicly available, of course, on our website is a fee schedule and that our members incur when they purchase cars at Copart and for other services that we provide. Bret Jordan -- Jefferies -- Analyst Okay. Anything that you're seeing as far as dealer volumes and pricing? A. Jayson Adair -- Chief Executive Officer Dealer volumes is noted, you may have clicked off the call at that moment, but we have experienced increases year-over-year in dealer volumes for the quarter. And that's against what we believe are competitors who have experienced very meaningful declines in dealer consigned volumes for the quarter. So we believe that we have grown our dealer business, relatively speaking much faster than the rest of the industry. That is not a reflection of \""aggressive' fees on our part. We believe that we have a very competitive offering and ultimately deliver the best possible returns to our dealers. But that's easy to say, but we think the very consistent growth in our Copart dealer services volume is a reflection of the -- of the actual reality in practice. Bret Jordan -- Jefferies -- Analyst Okay. And I guess, did you comment on capacity utilization? I think you said you've added over 2000 acres. Did you talk about what your average utilization is? A. Jayson Adair -- Chief Executive Officer Yeah, average utilization I think not super meaningful, because the land isn't fungible and each yard is its own -- certainly each metropolitan area is its own Island. And even though Dallas and Texas are in -- Dallas and Houston are in the same state, you can't really use one cities facilities as fungible capacity for the other. So we certainly monitor our metropolitan areas very carefully and invest accordingly based on our baseline expectations over the next five years or 10 years. Certainly capacity utilization is lower during the pandemic than it otherwise would be for all the reasons you already know about inventory and driving activity and so forth. But capacity utilization is a micro economic evaluation, which then drives our investment decisions on a micro basis, but in the aggregate, we will continue to invest in land for years to come. Bret Jordan -- Jefferies -- Analyst : Okay, thank you. A. Jayson Adair -- Chief Executive Officer Thanks Bret. Operator Our next question comes from Ryan Brinkman with JPMorgan. Ryan Brinkman -- JPMorgan -- Analyst Hey great, thanks for taking my question. I think it's really incredible the increase in average selling prices that you reported. Can you just help us think about the ways that that helps Copart? Is it the case that you generally charge buyers a fixed percentage of the transaction price in agency model transactions anyway such that the revenue from higher prices fall is just pretty well through to profit? And then also it would be great if you could comment on the reasons for such a large increase in prices and the sustainability of the various factors driving prices higher? A. Jayson Adair -- Chief Executive Officer Got it. On your former question Ryan that member fee schedules is readily available online. We encourage you to look there and you can see what happens to the fees that our buyers incur, based on changes in the selling process vehicles. As for the pricing changes and the actual pricing at our auction or the selling prices for cars at our auction, they are high for combination of technical but also a fundamental reasons. The technical reasons, you heard us comment on are the used car prices are robust against the supply constraints, new car environment, but the fundamental reasons are rising total loss frequency newer less damaged cars being totaled, better auction liquidity. We have driven more bids per vehicle, by far, than we did a year ago in the fourth quarter of 2020 than 2019. So those are the fundamental drivers, which we think ultimately are the most important ones that will be near term technical changes certainly, some of which we are benefiting from today, but others of which are unfavorable including volumes for example. But over the long haul, the flywheel of auction liquidity, recruitment of international -- recruitment and retention and cultivation of international buyers, we think will continue to drive selling prices upwards, total loss frequency upwards, which in turn of course is self reinforcing. So self reinforcing bringing ASPs up as well. Ryan Brinkman -- JPMorgan -- Analyst Okay, thanks. And then just finally, are you able to comment on the trend in assignments here in 1Q. Do you have a time frame in mind for when miles driven or assignments will return to pre-pandemic levels? Thanks. A. Jayson Adair -- Chief Executive Officer Appreciate the question. That remains I think largely unknowable. We have generally seen a continuation of the trends that we remarked on in the fourth quarter -- in the first [Phonetic] quarter, but we'll talk much more about the first quarter of course including storms and so forth on our first quarter call. But we've generally seen a continuation as for when society returns to normal practices, we'll leave that to the experts. Ryan Brinkman -- JPMorgan -- Analyst Okay, thank you. Operator Our next question comes from Gary Prestopino with Barrington Research. Gary Prestopino -- Barrington Research -- Analyst Hey, good morning everyone. Just looking at the change in the purchase margin, gross margin sequentially and year-over-year, and you mentioned it was being -- some of that was driven by a move from a purchase to a consignment agreement. Are we to assume that -- that move in and of itself, was that agreement that you had on a purchase pretty detrimental to the margins overall? And that getting that out of the mix, just led to those vehicle sales margins going up pretty dramatically? And is that gross margin sustainable? A. Jayson Adair -- Chief Executive Officer The answer to your first question is no, it's not that -- it's not that the purchase vehicles of that particular customer were very, very unprofitable somehow and we remove them. We don't much these days, Gary about -- we prefer consignment arrangements because we think it generally is a better alignment of interest between us and our customers, but it's not, it's not per day a profitability decision. The purchase vehicle changes year-over-year. The decline in revenue is in part attributable to the shift in that customer because now instead of showing up as purchase vehicle sales and purchase vehicle COGS it now shows up instead as service fees, but otherwise no, that was not and not any meaningful driver for the change in purchase vehicle profitability. Gary Prestopino -- Barrington Research -- Analyst Well, was it ASPs? And you know --. A. Jayson Adair -- Chief Executive Officer Yeah, in short. Gary Prestopino -- Barrington Research -- Analyst Okay. And then could you give us some idea, I know you said your dealer business was up, but could you put a number on that in terms of the growth in units year-over-year? A. Jayson Adair -- Chief Executive Officer It's up meaningfully. I think we've historically said -- disclosed that we've been up double digits. In this case, it wasn't double digits but meaningfully so. Gary Prestopino -- Barrington Research -- Analyst Okay. And then just getting back to my other question, I'm sorry about the sustainability of that gross margin, is that something that again it's going to really be driven by what the ASPs do in the future? A. Jayson Adair -- Chief Executive Officer Yes, and I forgot that third or that quarter of your prior question, we don't -- we don't manage the business to gross margin rate per se, Gary. We are of course optimizing or before service and returns and profitability and so forth. So, the margin rate is really just a byproduct metric that we track at the end of the month and the quarter as a matter of visibility, but it's not. We think about the business on a per car basis. And how much profit and contribution we generate per unit. So the rate is not something we consider, but your point about ASPs very strong average selling price performance contributing to our profitability. Yes, that's certainly true. To the point about consignments, we wanted to work with our customers on that basis to drive the highest possible returns with yield the very best outcomes for them and for us. Gary Prestopino -- Barrington Research -- Analyst Okay. And then last question, just on your dealer business. I would assume that most of your dealer customers are independent, is that correct? A. Jayson Adair -- Chief Executive Officer Yes. Gary Prestopino -- Barrington Research -- Analyst So is -- is the assignment from the independent dealers on the cars is that driving a lot of the growth or are you finding a lot of the independents are also buying cars from you? A. Jayson Adair -- Chief Executive Officer Don't follow -- didn't follow the question meaning [Speech Overlap] Gary Prestopino -- Barrington Research -- Analyst Yeah, I guess what I'm trying to get at is that you know if an independent takes in a trade that they don't want to keep on their lot are they handing it off to you to sell or are you seeing more of the -- more of the usage of the platform, the independent dealer buying cars to replenish inventory? A. Jayson Adair -- Chief Executive Officer Well, they've certainly participated on both side. So yes, we are growing the consignment volume and yes, we are also a viable purchase channel for dealers as well. Gary Prestopino -- Barrington Research -- Analyst Okay. But you have very few franchise dealers that are using your platform right now? A. Jayson Adair -- Chief Executive Officer We have a good variety of non-insurance consignment sources, including dealers of all types. Gary Prestopino -- Barrington Research -- Analyst Okay, thank you. A. Jayson Adair -- Chief Executive Officer Thank you. Operator [Operator Instructions] Our next question comes from Joseph Hafling with Truist Securities. Joseph Hafling -- Truist Securities -- Analyst Hey, good morning. This is Joe on for Stephanie, how are you guys doing? A. Jayson Adair -- Chief Executive Officer Sure. How are you, Joe? Joseph Hafling -- Truist Securities -- Analyst I just had a couple of quick questions. Maybe quickly shifting back to the non-insurance business, I was wondering if everything which is going on with rental, if you guys could talk about maybe help that was going, if you had any opportunities in the rental side of non-insurance? A. Jayson Adair -- Chief Executive Officer In short, that's a relevant target segment for us. We have served that segment of the market for some time. Plenty of disruptions, as you know, Joe, in that corner of the universe given what's happened to travel trends over time. So for all the same reasons that we are increasingly compelling offering to the dealer universe, we think that's also true for the rentals and financial institutions and otherwise. Joseph Hafling -- Truist Securities -- Analyst Okay, great. And then maybe just another one from me. I was wondering if you can give an update on Germany, particularly with maybe some of the problems with some pandemic maybe causing that to accelerate with the insurance companies there? A. Jayson Adair -- Chief Executive Officer Yeah, we remain very excited about our long-term prospects in Germany and continue to invest in our business there including all the dimensions we talked about before, which is in people and technology, in land capacity, in trucks and equipment, and certainly in customer relationship building as well. I think we noted a couple of calls ago that we are selling cars for insurance carriers on a consignment basis. We're delivering very strong returns and remain very optimistic about Germany and frankly about Western Europe in general. Joseph Hafling -- Truist Securities -- Analyst Okay. But you haven't seen anything as far as like the productivity of this conversation increasing because of the disruptions the pandemic caused over there? A. Jayson Adair -- Chief Executive Officer I think it's too early to tell. I think there are some -- your intuition is probably reasonable in that if there is a -- I think we have demonstrated that the Copart Germany model is economically superior, and frankly even experientially superior for policyholders than the status quo. We talked about that at length in the past. So I won't rehash that entire narrative, but one of the big barriers to do our converting the market is just inertia. And so, yes, to the extent that COVID-19 has forced us all to confront inertia and as up ended a lot of what we consider the ordinary course. I think in that respect yes, this can cause customers to contemplate radical changes in their business. Joseph Hafling -- Truist Securities -- Analyst Okay, great. Thank you. That was everything I had. Congrats on the quarter. A. Jayson Adair -- Chief Executive Officer Thank you. Operator At this time there are no further questions. I'll now turn it back to today's speakers for closing remarks. Jeffrey Liaw -- President All right. We appreciate everyone showing up for the call and we look forward to reporting Q1 in the future. Thanks again. Bye-bye. Operator [Operator Closing Remarks] Duration: 48 minutes Call participants: A. Jayson Adair -- Chief Executive Officer Jeffrey Liaw -- President Robert Labick -- CJS Securities -- Analyst Craig Kennison -- Robert W. Baird & Company -- Analyst Daniel Imbro -- Stephens Inc. -- Analyst Bret Jordan -- Jefferies -- Analyst Ryan Brinkman -- JPMorgan -- Analyst Gary Prestopino -- Barrington Research -- Analyst Joseph Hafling -- Truist Securities -- Analyst More CPRT analysis All earnings call transcripts 10 stocks we like better than Copart When investing geniuses David and Tom Gardner have a stock tip, it can pay to listen. After all, the newsletter they have run for over a decade, Motley Fool Stock Advisor, has tripled the market.* David and Tom just revealed what they believe are the ten best stocks for investors to buy right now... and Copart wasn't one of them! That's right -- they think these 10 stocks are even better buys. See the 10 stocks *Stock Advisor returns as of August 1, 2020 This article is a transcript of this conference call produced for The Motley Fool. While we strive for our Foolish Best, there may be errors, omissions, or inaccuracies in this transcript. As with all our articles, The Motley Fool does not assume any responsibility for your use of this content, and we strongly encourage you to do your own research, including listening to the call yourself and reading the company's SEC filings. Please see our Terms and Conditions for additional details, including our Obligatory Capitalized Disclaimers of Liability. Motley Fool Transcribers has no position in any of the stocks mentioned. The Motley Fool recommends Copart. The Motley Fool has a disclosure policy. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""These 74 stocks in the S&P 500 hit all-time records on Wednesday It was a broad rally, one that wasn\u2019t led by the information technology sector It was a broad rally, one that wasn\u2019t led by the information technology sector.""]"
CPRT,2020-09-04,26.1825,26.4275,25.5825,25.8725,"Nasdaq 100 Movers: DOCU, AVGO In early trading on Friday, shares of Broadcom topped the list of the day's best performing components of the Nasdaq 100 index, trading up 4.4%. Year to date, Broadcom registers a 16.3% gain. And the worst performing Nasdaq 100 component thus far on the day is DocuSign, trading down 10.2%. DocuSign is showing a gain of 193.3% looking at the year to date performance. Two other components making moves today are PayPal Holdings, trading down 5.2%, and Copart, trading up 2.7% on the day. VIDEO: Nasdaq 100 Movers: DOCU, AVGO The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
CPRT,2020-09-08,25.495,25.8175,25.2875,25.3925,
CPRT,2020-09-09,25.4975,25.885,25.3325,25.76,
CPRT,2020-09-10,25.7825,26.14,25.3875,25.4875,
CPRT,2020-09-11,25.54,25.75,25.1325,25.5025,
CPRT,2020-09-14,25.755,25.9975,25.6475,25.9638,
CPRT,2020-09-15,26.0175,26.48,26.0125,26.27,
CPRT,2020-09-16,26.46,26.5325,26.195,26.3125,
CPRT,2020-09-17,25.855,25.9025,25.0975,25.5625,
CPRT,2020-09-18,25.48,25.96,25.435,25.915,
CPRT,2020-09-21,25.5225,25.68,25.0175,25.6575,
CPRT,2020-09-22,25.75,26.32,25.7275,26.265,
CPRT,2020-09-23,26.3425,26.4188,25.515,25.58,
CPRT,2020-09-24,25.49,25.82,25.305,25.5025,
CPRT,2020-09-25,25.51,26.1825,25.455,26.065,
CPRT,2020-09-28,26.4025,26.625,26.35,26.54,
CPRT,2020-09-29,26.56,26.705,26.315,26.435,
CPRT,2020-09-30,26.465,26.7525,26.1575,26.29,
CPRT,2020-10-01,26.545,26.87,26.465,26.805,
CPRT,2020-10-02,26.415,26.915,26.415,26.835,
CPRT,2020-10-05,27.2375,27.49,27.0462,27.4225,
CPRT,2020-10-06,27.4075,28.005,27.27,27.42,
CPRT,2020-10-07,27.695,27.945,27.6425,27.83,
CPRT,2020-10-08,27.97,28.5025,27.8575,28.5,
CPRT,2020-10-09,28.6475,29.1125,28.57,28.8025,
CPRT,2020-10-12,29.105,29.59,28.69,29.2725,
CPRT,2020-10-13,29.2588,29.4575,29.06,29.0925,
CPRT,2020-10-14,29.0975,29.53,28.8712,28.95,
CPRT,2020-10-15,28.7275,29.525,28.6525,29.41,
CPRT,2020-10-16,29.465,29.64,29.1825,29.295,
CPRT,2020-10-19,29.2275,29.59,28.6712,28.815,
CPRT,2020-10-20,28.95,29.155,28.7075,28.745,
CPRT,2020-10-21,28.775,29.01,28.5025,28.65,
CPRT,2020-10-22,28.685,28.77,28.3,28.5225,
CPRT,2020-10-23,28.745,28.9512,28.4225,28.5725,
CPRT,2020-10-26,28.08,28.2975,27.55,27.995,
CPRT,2020-10-27,28.0025,28.28,27.9125,28.025,
CPRT,2020-10-28,27.5825,27.7325,27.0925,27.1175,
CPRT,2020-10-29,27.0275,28.065,26.91,27.82,
CPRT,2020-10-30,27.495,27.825,27.31,27.59,
CPRT,2020-11-02,27.975,28.5638,27.5425,28.35,
CPRT,2020-11-03,28.7075,29.6925,28.5825,29.095,
CPRT,2020-11-04,29.8475,30.7325,29.4025,30.335,
CPRT,2020-11-05,30.65,31.1825,30.4425,30.9875,
CPRT,2020-11-06,31.0625,31.0625,30.66,30.93,
CPRT,2020-11-09,32.3575,32.74,30.325,30.3325,"The Stock Market Doesn’t Care Who the President Is By all accounts, the prospect of a contested election should have made for a horrible week for the stock market."
CPRT,2020-11-10,30.0475,30.225,29.1275,29.2475,
CPRT,2020-11-11,29.405,29.685,29.1825,29.45,
CPRT,2020-11-12,29.7025,29.8475,29.245,29.3325,
CPRT,2020-11-13,29.375,29.725,29.2825,29.4275,
CPRT,2020-11-16,29.4125,29.6888,28.95,29.0125,
CPRT,2020-11-17,28.9525,29.185,28.5475,29.0475,"Notable Tuesday Option Activity: CPRT, MCK, SWKS Among the underlying components of the S&P 500 index, we saw noteworthy options trading volume today in Copart Inc (Symbol: CPRT), where a total of 6,153 contracts have traded so far, representing approximately 615,300 underlying shares. That amounts to about 49.7% of CPRT's average daily trading volume over the past month of 1.2 million shares. Particularly high volume was seen for the $50 strike call option expiring February 19, 2021, with 3,910 contracts trading so far today, representing approximately 391,000 underlying shares of CPRT. Below is a chart showing CPRT's trailing twelve month trading history, with the $50 strike highlighted in orange: McKesson Corp (Symbol: MCK) saw options trading volume of 4,578 contracts, representing approximately 457,800 underlying shares or approximately 41.6% of MCK's average daily trading volume over the past month, of 1.1 million shares. Particularly high volume was seen for the $160 strike put option expiring November 27, 2020, with 268 contracts trading so far today, representing approximately 26,800 underlying shares of MCK. Below is a chart showing MCK's trailing twelve month trading history, with the $160 strike highlighted in orange: And Skyworks Solutions Inc (Symbol: SWKS) options are showing a volume of 8,343 contracts thus far today. That number of contracts represents approximately 834,300 underlying shares, working out to a sizeable 40.1% of SWKS's average daily trading volume over the past month, of 2.1 million shares. Especially high volume was seen for the $85 strike call option expiring January 15, 2021, with 801 contracts trading so far today, representing approximately 80,100 underlying shares of SWKS. Below is a chart showing SWKS's trailing twelve month trading history, with the $85 strike highlighted in orange: For the various different available expirations for CPRT options, MCK options, or SWKS options, visit StockOptionsChannel.com. Today's Most Active Call & Put Options of the S&P 500 » The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
CPRT,2020-11-18,29.1975,29.505,28.8225,28.9925,
CPRT,2020-11-19,29.1625,29.3125,28.0125,28.4575,"[""Copart, Inc. (CPRT) Q1 2021 Earnings Call Transcript Image source: The Motley Fool. Copart, Inc. (NASDAQ: CPRT) Q1 2021 Earnings Call Nov 19, 2020, 11:00 a.m. ET Contents: Prepared Remarks Questions and Answers Call Participants Prepared Remarks: Operator Please standby. Good day everyone, and welcome to the Copart Incorporated First Quarter Fiscal 2021 Earnings Call. [Operator Instructions]. For opening remarks and introductions, I would like to turn the call over to Mr. John North, Chief Financial Officer of Copart Incorporated. Please go ahead, sir. John North -- Chief Financial Officer Thanks and good morning. During today's call, we'll discuss certain non-GAAP measures, which include adjustments to reverse the effect of certain discrete income tax items, foreign currency-related gains [Technical Issues], certain income tax benefits and payroll taxes related to accounting for stock option exercises and the effect on common equivalent shares from ASU 2016-09. We've provided a reconciliation of these non-GAAP financial measures to the most directly comparable GAAP measures on our website under the Investor Relations link and in our press release issued yesterday. We believe these non-GAAP measures, together with our corresponding GAAP measures are relevant in assessing our business trends and performance. We analyze our results on both GAAP and non-GAAP basis. In addition, our comments today include forward-looking statements within the meaning of federal securities laws, including management's current views with respect to trends, opportunities and uncertainties in our markets, including with respect to the COVID-19 pandemic. These forward-looking statements involve substantial risks and uncertainties. For more detail on the risks associated with our business, we refer you to the section titled Risk Factors in our Annual Report on Form 10-K for the year ended July 31st, 2020 and each of our subsequent quarterly reports on Form 10-Q. Any forward-looking statements are made as of today and Copart has no obligation to update or revise any forward-looking statements. And with that out of the way, I will turn the call over to Jay. Jayson Adair -- Chief Executive Officer Thanks, John. Appreciate it. While fiscal 2020 was a record year despite the pandemic, and as we talked about in the last quarter, our people performed across the organization through what was really a year of not just challenges, but a year of unknowns, and we met daily, we course corrected daily, and I'm happy and proud to say that we had an amazing -- not only record year in terms of results, but in terms of accomplishments. And Q1 of this year is starting strong and I believe it's indicative of the year ahead. I was talking to Jeff this morning, 26 years ago, Willis and I went to New York and Copart became a public Company. And as I stepped on the streets of New York and saw it for the first time, I was amazed and when we eventually went public and I saw the inner workings of Wall Street, I was amazed and I was confused. And today, 26 years later, I can't say I understand Wall Street any better. I think that's probably a good thing. What I do know is a great Company when I see it, and Copart is a great Company. Jeff and John are going to give you guys details today on the quarter, but at the highest level, when we look at Q1 we saw record results, we saw record sale prices and we saw record returns for our customers. And that bodes well for our future. Copart has continued to grow over the years. We've done that till [Phonetic] process have being prepared, we've done that through excellent technology, the best systems, the best technology in the industry and the best people delivering the best service in the industry. And I see no reason why that's going to change. Just three years ago, the entire EBITDA for Copart for the year was nearly $538 million, and then this quarter, we generated over $275 million of EBITDA. And we knew this was going to happen, we started a campaign, 3.5, four years ago called 20/20/20 where we went out and aggressively started adding land to our existing locations and opening additional new locations and then in addition to that, we went out and opened up mega sites for catastrophes all along the Eastern seaboard and all the way over to across the Gulf and into Houston. And so we've continued to be prepared, we've continued to spend big on land and we did that again not only in 2020, but in the first quarter of this year. We now have a record number of acres available to us to store cars, and that means that we have the capacity for not just the market as it grows and we'll continue to do so with technology and cars, but as we continue to win new business. I view our continued investment in land as a continued investment in our future. And looking forward, we still have a large list of acquisitions that we would like to make. We won't be able to make them all, we won't be able to get the zoning, we won't be able to get the deal done on the land. And as many of you know on the call, some of these acquisitions can take three, four, five years to come to fruition. But we have a big pipeline, and we'll continue to work on that as we continue to believe in our growth. I'm happy to say that volume assigned is starting to return to pre-COVID levels. I actually had a little bit of traffic on the way to work this morning and we haven't really seen that in six months. So volume is almost back to where it was prior to COVID, not quite there yet, we still don't have everybody driving as frequently as they were before COVID. But clearly, we are starting to see a lot more miles driven across the country. Sales still lag, volume and this is obvious, but back when COVID started., we were selling off inventory even though we weren't getting big assignment volume, now we're getting large assignment volume and not selling off the inventory yet. So in the next quarter or two, I suspect we'll be selling those vehicles off and could be more or less back to normal in terms of assignment volume and sales volume in about six months. I'm excited about some of the new changes we've made in our senior management team. You heard John this morning, John has a two-decade plus experience in the Automotive industry, working in automotive companies. And so, I'm very excited to have him on our team. I know he's excited about our future and to be part of Copart and we're excited to have him in our leadership team as CFO of Copart. I've said this before, our people and our systems have never been stronger. And as you know, we don't think about Copart in a quarter or in the next year, we think about it in the next five to ten years. And I'm excited about the team that we have upgraded and built in the last six months. Our CFO, our Chief Marketing Officer, our COO and Jeff leading the team, I feel very good about our executive leadership team and our future for the next 10-year horizon. So now for more details on the quarter, I'd like to turn it over to Jeff, our President. Jeffrey Liaw -- President Thank you, Jay. It's been just two short months since our lastearnings call but it sometimes feels like multiple years' worth of world events have transpired since then. First, like as Jay did, I wanted to express how proud I am of the Copart team. It's been immensely gratifying as an organization to be able to do our part to provide an essential service to the communities we work in around the world. We've taken very seriously the importance of adapting our procedures to keep our employees, members and customers safe at the same time. The disruption and adaptation have been substantial and continuous and we're profoundly grateful for the commitment of our people to a job well done. Our aspiration throughout the crisis has been to deliver much more than business stabilization or business as usual. We've been committed to playing offense to improving the way we do business and to investing in our long-term future and we've done so. We deployed new products and features for both internal and customer facing applications. We've enhanced ProQuote, our best-in-class machine learning powered price estimation tool for our insurance carrier partners. We've grown our first to market digital loan payoff product. We've deployed electronic signature processes and we've updated our communications technology among many other achievements over the course of the pandemic. Under Willis J and many other senior Copart leaders who predate John and me, we had the foresight to build our businesses a natively digital one. We've been operating exclusively online auctions since 2003 and have therefore adapted our workflow smoothly to the pandemic. I wanted to draw out a few industry themes we've observed over the past quarter, really the past two quarters, many a continuation of the themes we talked about on the last call. We continue to observe lower than baseline driving activity, but with a steady increase from the pandemic trough with the U.S. generally recovering more quickly than some of our international markets. The data on miles driven is noisy depending on the source. We track many of the sources you do, Google, Apple and Rick's [Phonetic] among others. Most of that data indicates they're still relative to pre-pandemic baselines, we are seeing much less commuting traffic and retail and recreation-related driving. Nonetheless, a meaningful sequential improvement from the -- from the COVID-19 trough. As another guidepost, we note that the U.S. Energy Information Administration has recently published data indicating that gas consumption is down, plus or minus 10% versus a year ago. We have also seen relative increases in driving activity relative to other forms of transportation including mass transit and ride sharing where we've seen activity down some 50%. As for the other important drivers of our business, accident frequency, conventional wisdom has held that accident frequency is positively correlated with miles driven because congestion contributes to accident frequency. During the pandemic, we continue to see evidence that in some scenarios anyway, the opposite is true. One industry source has indicated substantial double-digit increases in speeding, phone usage and hard braking. With our roads less crowded, speeding and distracted driving have both increased contributing to increased accident frequency per miles driven. And then of course on total loss frequency and accident severity, which we have emphasized as the most important long-term driver of our business. The long-term trend of rising total loss frequency has very much continued during the pandemic. There are some indications that it may have accelerated during the pandemic, in part due to the high returns we are generating at auction. Turning to our unit sales trends, we experienced a global unit sales decrease of 13% for the quarter, with the U.S. unit decrease of 13% and an international unit decline of 11%. The unit decline of course has been driven by the COVID-19 impact on miles driven and therefore the absolute number of accidents and total vehicles. Our non-insurance business, within that non-insurance business, charities and wholesalers have been the most significantly affected by COVID-19. Excluding those two categories, our non-insurance volume has grown year-over-year, including those two categories, we were down a 11%. Within that non-insurance group, our dealer business in particular was up 11% in units sold year-over-year compared to what we believe were significant declines for other whole car auction platforms for dealers, a continuing validation of our business model. Our global inventory decreased 3.6% versus a year ago, that is comprised of a U.S. inventory decline of 3.3% year-over-year and an international inventory decline of 5.3%. Turning then to selling prices for vehicle at our auctions, despite some natural headwinds and the economic disruption of the pandemic crisis, we've experienced ASPs for our vehicles at all time highs, a reflection both of market dynamics as well as our own member recruitment and retention efforts. ASPs worldwide grew 37.3% year-over-year for the quarter with U.S. ASPs up 39%. Used car prices have no doubt helped to contribute to that high ASP environment for us. They are however only up 15% or thereabouts year-over-year based on some of the industry indices we track. With our selling prices meaningfully exceeding the used car price environment, we believe that's a reflection in part of our marketing efforts and member recruitment. Turning in to the last theme, we've closed out an unusually busy hurricane season and we are very proud of our CAT teams. As always, we stand ready to respond to catastrophic events with land, equipment and people that are second to none in the industry. This year was in some respect the most active Atlantic storm season on record with 30 named storms and 13 hurricanes. The property damage effect however was less severe than we've experienced in prior seasons, but we're nonetheless grateful for the Copart CAT team and their multiple mobilizations in support of our customers and communities this season. Before I hand it off to John to walk through our financial highlights, it certainly feels like one of the most tumultuous windows in my own career with no doubt, still more uncertainty and change ahead. Our experience so far in 2020 has given us great conviction that we're ready for anything. Just a few days short of Thanksgiving, we're grateful for our people, grateful for our customers who empower us to continue investing in their long-term prosperity and our own. And with that, I'll turn it over to our new CFO, John North to walk through the first quarter financial results. John North -- Chief Financial Officer Great. Thanks, Jeff. First, I just want to say thanks to Jay for the warm welcome, and to just reiterate how happy I am to be at Copart. It's obviously a phenomenal organization and team and I am sure proud to be here. With that said, I'll make a few brief comments on our operational results to provide more color around the earlier remarks and then we'll open it up for some questions. Global revenue increased $38.5 million or 6.9%, including a $2.5 million benefit due to currency. Global service revenue increased $27.5 million or 5.6%, a more accurate reflection of the underlying activity in our business and primarily due to higher ASPs. U.S. business grew 4.5% and international experienced an increase of 14.2%. Purchased vehicle sales increased $11 million or 16.5% as growth in the U.S. was partially offset by international declines, primarily driven by COVID-19 volume impact and a U.K. customer shift to a fee-based sales contract. Purchased vehicle profits defined as vehicle sales less cost of vehicle sales increased by $5.4 million as modest volume declines were more than offset by higher ASPs. Gross profit increased by $41.9 million or 16.4% and our gross margin rate improved by approximately 400 basis points to 50.1%. U.S. margin improved from 49.2% to 52.6% predominantly due to increased ASPs, partially offset by negative yard operating leverage due to reduced cost absorption across pure [Phonetic] vehicle sold. International margins increased from 29.5% to 37% driven primarily by rising ASPs, but similar to the U.S. was affected by higher cost per unit processed. I'll now move to a discussion of G&A expenditures excluding stock compensation and depreciation expenses. In general, G&A expenditures will fluctuate and grow over time, but we continue to believe we can achieve additional operating leverage over the long term as if all trended data [Phonetic] sold in our business, gross margins, G&A, unit sales and inventory changes. And we encourage you to review longer-dated headlines rather than a single quarter metric for more -- a more accurate view of the business, particularly given the recent COVID impact. With that said, our G&A costs were down slightly, a decrease of $0.8 million from $43.3 million a year ago to $42.5 million in 2021. As a result, our GAAP operating income increased by 21% from $205.4 million to $248.6 million. We delivered approximately 500 basis points of operating margin improvement due to revenue growth from strong ASPs, partially offset by negative operating leverage from a lower absolute volume of vehicles. Net interest expense increased $1 million or 25% year-over-year due to reduced interest income on collected cash balances given the current interest rate environment and an increase in debt issuance costs and unused line of credit fees due to the July 2020 revolver upsizing and amendment. Q1 [Phonetic] income tax expense was $46.5 million at an 18.9% effective tax rate reflecting an $11.8 million tax benefit on the exercise of employee stock options, which has been adjusted out for purposes of the non-GAAP earnings included on the earnings release. On a non-GAAP basis, our effective tax rate would have been 23.7%. In summary, GAAP net income decreased 8.2% from $218.2 million last year to $200.3 million this year due to a prior-year tax rate reduction for stock option exercises. Adjusted to remove these items, non-GAAP net income increased 21.2% from $155.4 million last year to $188.3 million in the first quarter of 2021. Now to briefly update our liquidity and cash flow highlights, as of October 31st, 2020, we had $1.6 billion of liquidity, comprised of $605.7 million in cash and cash equivalents, an increase of $424.6 million over October 31st, 2019 and a $1.05 billion capacity on our revolving credit facility, which is undrawn. Operating cash flow for the quarter increased $46.1 million year-over-year to $258.5 million, primarily driven by working capital benefits. Sequentially, operating cash flow decreased $8.4 million from the fourth quarter of 2020 as assignments have ramped back up consuming working capital and due to income tax effects. We invested $147.1 million in capital expenditures in the quarter and over 90% of this amount was attributable to capacity expansion and lease buyouts. In conclusion, our conservative capitalization and strong cash flow enable us to continue to make decisions for the long-term interest of both our customers and our shareholders. That concludes our remarks, we're happy to take some questions. Diego? Questions and Answers: Operator Thank you. At this time, we will conduct our question-and-answer session. [Operator Instructions]. Thank you. Our first question comes from Bob Labick with CJS Securities. Please state your question. Bob Labick -- CJS Securities -- Analyst Good morning. John North -- Chief Financial Officer Hey, Bob. Jeffrey Liaw -- President Hi. Good morning. Bob Labick -- CJS Securities -- Analyst So obviously another terrific quarter and it looks like maybe both ASPs and volumes were up sequentially from the July quarter, but ASPs rose faster. And I say this because service revenue grew faster than yard costs. And so, I'm trying to understand the dynamic here between ASPs and supply and demand and see what other factors may be at play. And -- so do you think there's been an increase in demand from the pandemic as you brought in new people, new buyers, etc, so that demand could even continue to outstrip supply even when volumes do return to pre-pandemic levels or how do you see kind of ASPs faring as volumes recover, I guess is the question. Jeffrey Liaw -- President Yeah, it's a very fair -- and in certain complex answer -- complex question and answer. I think in short, the prices are high, and it is assuredly not just the supply and demand. And I say that with some conviction Bob, because if volumes were down 13%, but ASPs are up 37%, then there are literally many, many, many more actual dollars purchasing cars at Copart, right, so on fewer units we're seeing more absolute dollars. So I think that leads me to conclude that at least in part, we are continuing to grow the demand base for the vehicles. You may recall we had grown, expanded our marketing efforts, we hired a new SVP of Marketing, we opened new lounges. So that's been an ongoing multiple decades theme, frankly, Bob. But that's certainly borne fruit in the pandemic, and we will continue to invest in that going forward. So how much of today's ASP increase is a function of supply and demand is hard to say. I'm sure it's part of it, but it's certainly not all of it. I think, equally important perhaps is the growth of the buyer base, and also frankly the total loss frequency. Those are interrelated as well and as total loss frequency increases and more and more marginal totals are totaled, those of course further drive ASPs upward, they further recruit new buyers because those cars are closer to immediately drivable. So there certainly is a favorable, a virtuous flywheel effect which we think is we're seeing in the pandemic as well. Bob Labick -- CJS Securities -- Analyst Got it. That's helpful. Great. Thank you. And then a question on international, didn't talk too much about it yet, so how has COVID impacted your plans? I think in the past you talked about Germany now starting to sell on an agency basis, so maybe an update on Germany, where it's going. Then the overall international emerging opportunities and were they affected by COVID, and how do you see those over the next three years to five years? Jeffrey Liaw -- President Fair enough. So I think the short answer to your question is that the countries have very much been affected by COVID-19. I think I made a brief comment in passing, there are the two varying degrees, and in general, more severely than in the U.S. Our plans and our intentions and our execution, I don't think had varied as a result of pandemic. So investing in Germany, which you called out specifically continues to be a key theme for us. We continue to invest in the land and the technology and the people. And we are selling cars as you noted on an agency basis for carriers in Germany today, and so far demonstrating excellent results in doing so. The growth path then remains the same with all of the opportunities and challenges you've heard us talk about on prior calls, but including changing the way the industry manages the total -- the total loss process in general to the benefit of both insurance carriers and the policyholders. So that of course is a much longer discussion, but no, our perspective on it certainly hasn't changed. Bob Labick -- CJS Securities -- Analyst Okay, great. And last one from me. Just a congratulations to John and the other new hires. So Jeff for you -- and maybe Jay, but how do your roles change now with the new hires and the kind of expanded executive team? Jeffrey Liaw -- President I think the -- I'd say, the senior leadership approach at Copart has always been quite fluid, right. So I think the walls at Copart between functions and countries are quite a bit lower than what you would generally observe in public companies of our size and stature. So I think it's fluid, but certainly John will take on much more of the day to day leadership of what are traditionally considered finance and accounting functions including accounting, including Investor Relations and so forth. But also help to -- help us navigate the strategic future for Copart in evaluating return on investments and our approach to evaluating ROIC for the various initiatives we undertake. Our new SVP of Marketing, Scott Booker comes from the online travel industry, which I'm sure you well know is one of the more challenging, competitive and difficult arenas when it comes to the online marketplace universe. And so, he will spearhead our efforts in continuing to grow that buyer base and continuing to build the demand for the supply that we bring to market. So I think day to day, it's hard to answer because no individual day looks like the other, but I think they will certainly take very meaningful leadership roles in their specific functions. Bob Labick -- CJS Securities -- Analyst Super. All right. Thanks so much. Jayson Adair -- Chief Executive Officer Thanks, Bob. Operator Our next question comes from Stephanie Benjamin with Truist Securities, please state your question. Stephanie Benjamin -- Truist Securities -- Analyst Hi, good afternoon everybody. Jayson Adair -- Chief Executive Officer Hi, Stephanie. Stephanie Benjamin -- Truist Securities -- Analyst I wanted to touch a bit on the non-insurance side of your business. It saw a pretty, pretty strong growth particularly in the dealer side as well as excluding some of that charity wholesale business you called out, Jeff. You know, really interesting I think it made sense, just given your digital platform for the strong outperformance we saw in last quarter. But clearly that continued into this quarter, despite some of the other traditional non-insurance auction providers opening up more. So maybe you can speak a little bit about what you're seeing in that segment. If there have been some share gains or some opportunity where it's actually sticky, pretty sticky, and [Indecipherable] kind of continue going forward. And really wasn't just pandemic driven. Any color there would be helpful. Thanks. Jeffrey Liaw -- President Yeah. I think it's a fair question, Stephanie. I think if you go back and you've been following us for years now, but track the individual quarter-by-quarter trends for Copart Dealer Services, I think you could see this growth trajectory long predated the pandemic by many years. So it's a business we've steadily grown over the years and we've grown it today in the pandemic, while other wholesale auction platforms we think have not grown nearly to the same extent, in many cases may have shrunk. That's largely a product of auction returns, what the -- what we generate for our sellers at auction is ultimately what matters. I'm sure we are -- I'd like to think we're very likable people and charming, but ultimately the dealer's key priority is achieving an excellent return and doing so quickly. And the liquidity of our online marketplace I think is what's distinguished us. We haven't had to adapt real time, we haven't had to invent a purely digital auction after having become accustomed to physical auctions instead. So I think there is something about being natively digital which perhaps has helped to enhance our relative performance during the pandemic. But more broadly, that is an important -- important profit driver for us, important long-term revenue growth driver for us as well. And we are achieving good returns for our dealers and aspire to do more and better still. Stephanie Benjamin -- Truist Securities -- Analyst Got it. And I was wondering you'd touch a little bit on the international side of your business. I know you spoke a little bit on Germany and some of the efforts there. Has there been any kind of internal plans or investments to expand even further internationally, so maybe in some other new markets? Jeffrey Liaw -- President In short, yes. I think Germany and in Spain where we have a footprint as well have always been viewed as the gateway to Western Europe more broadly. Western Europe shares many of the characteristics, many of the macroeconomic and social characteristics that make total loss such a compelling economic proposition in the U.S. and Canada and the U.K. and elsewhere and that is a high repair costs, high regulatory burdens and so forth in good cars that have intrinsic value both in those native markets and elsewhere in emerging markets where demand for cars and repairable drivable cars and mobility continues to expand over time as well. So Western Europe certainly is a -- it's our expectation that our success in Germany and Spain will eventually extend elsewhere there. Now there are other international markets long term that certainly will emerge as priorities for us as well, but I'd say for the relevant X-year horizon, our emphasis is on our core markets where we already do business today, Germany and Spain and Western Europe. Stephanie Benjamin -- Truist Securities -- Analyst Thank you so much. Jeffrey Liaw -- President Thanks, Stephanie. Operator Thank you. Our next question comes from Craig Kennison with Baird. Please state your question. Craig Kennison -- Robert W. Baird -- Analyst Hey, good morning. Thanks for taking my questions. Wanted to start with government lock down scenarios, I know the government in various geographies are considering different lock down options here, and I'm just wondering if you see geographies that are more at risk or if you're approaching the spike in cases we've seen across the globe in a different manner, now that you've learned what you have through early -- the early portion of the pandemic. Jeffrey Liaw -- President Hi, Craig. A good question, and one I'm not sure we have a more enlightened perspective than you do. So it's a function of both of the virus trends themselves and then the expected government and social response to them. And I think we've now have six months of experience, all of us do in understanding how -- or eight months, understanding how that unfolds. So we are prepared for really any scenario, including very extreme lock downs, I'd argue that the April, May, June timeframe was among the more severe windows and we could adapt, we're able to adapt our operations, able to prove that our operations are an essential service to the communities we do business in. So I expect to continue to be able to serve our customers and our communities. The volume effects, I think remains to be seen. I think it's fair to say we don't know. Craig Kennison -- Robert W. Baird -- Analyst And my second question has more to do just big picture with your relationships with your insurance consignors. We know that you have some exclusive relationships where your insurance partner consigns 100% of their volume to Copart. You have others where you get a fraction of that volume. I guess I can see how an insurer might want to have more than one vendor for that service, but what would be the benefits for an insurer that commits to an exclusive agreement with Copart? Is it cost, are there -- is there data that is unique when you have an exclusive relationship? Is there a priority access? I'm just curious why you're able to win those exclusive deals. Jeffrey Liaw -- President I think the exclusive deals are a reflection of a strong relationship with those customers. It's not per se that we have American Airlines' platinum status with warm nuts at the front of the plane, per se. It's more just a reflection of the excellent returns we generate, the excellent service we provide to them. So a, there is no secret ring [Phonetic] per se, Craig. But we work like hell to earn that trust from our customers. We earn it in the day to day in the pick up and towing of vehicles and the auction management returns we generate and the entire work we do for them. And certainly we work like hell on catastrophic events to make sure that we are the most responsive, that we have the most people and process and technology on the ground to serve them at those critical moments. So those exclusive agreements are a badge of honor for us that we work like hell to earn, and for the carriers, the benefit to them is that they get the Copart experience end to end. It certainly does reduce the complexity for them in not having to manage as many providers across their own platforms, and so there is one counterparty with whom to integrate technologically, there's one counterparty with whom to discuss inventory trends in X, Y, Z markets or processing older dated units and so forth. So the simplicity I think is worthwhile for makers as well. But in general, I think it's a reflection of a -- of good service and good returns. Craig Kennison -- Robert W. Baird -- Analyst Great, thanks. And Jay, if you figure out Wall Street, please let me know. Jayson Adair -- Chief Executive Officer Yeah. I love it when you knock the cover off the ball and the market moves the opposite direction, you think it's going to move. So it's something I'm yet to figure out. I'll let you know. Craig Kennison -- Robert W. Baird -- Analyst Thank you. Jeffrey Liaw -- President Thank you, Craig. Operator Our next question comes from Bret Jordan with Jefferies. Please state your question. Bret Jordan -- Jefferies LLC -- Analyst Hey, good morning guys. Jeffrey Liaw -- President Good morning, Bret. Bret Jordan -- Jefferies LLC -- Analyst On the dealer volumes, that growth against the declining backdrop, I guess, is there an explanation and are there more cars that you're selling in the non-insurance that are going to export? Are you getting a higher bid in North Africa or Eastern Europe and that's driving incremental units to you? And I guess when you think about across the board units, do you have a feeling for the direction of how many cars go to export now, are you exporting more of your volumes than you were maybe a year ago? Jeffrey Liaw -- President The -- Yeah. So the answer to your -- the first part of your question is yes, a meaningful portion of those cars we auction on behalf of our dealers are ultimately exported and it's therefore that more expansive buyer universe with access to the cars that helped to drive the differential returns. The more precise question you asked afterwards about whether the international buyer mix is higher year-over-year, over that time horizon, it's harder to say. And I think it's probably flat, it may even be down slightly in part because of the currencies of the relevant buyer countries for us had been weakened in the pandemic. Currencies, if you've been tracking throughout, there's been a lot of noise, some currency depreciated a lot versus the dollar and others have depreciated a lot. For the buying countries, their currencies have generally weakened. So they are actually paying way, way more in their own local currencies, and our international demand in absolute terms then has grown. But their relative purchasing advantage is more in near term impaired. So over the kind of time horizon you're describing, it's closer to breakeven in terms of the volume changes year-over-year, but certainly over a 10-year and 20-year horizon, the international buyer is much more important today than it was ten years ago and will be much more important in ten years than they are today. Bret Jordan -- Jefferies LLC -- Analyst Okay, great. And then a question on catastrophic, you talked about multiple mobilizations, but limited property damage. Was catastrophic a negative in the quarter in the sense that you had the cost of showing up to storms, but not enough volume created by them? Jeffrey Liaw -- President It is, but not enough to call out and in part because I think we've -- we've seen enough seasons to know that it's always -- there's always going to be some noise in it and trying to adjust for -- I don't see a whole lot of value in trying to report no storm EBITDA, right, because I'm not sure there are no storm operating profit, I'm not sure there's any scenario in which there are no storms whatsoever. So suffice it to say that when there are various severe events like Hurricane Harvey, they call it a meaningful net effect in our P&L, you'll hear us describe it, but we generally try to accept as good and bad the noise that comes in the business and this year's storm activity I would characterize as such. Bret Jordan -- Jefferies LLC -- Analyst Okay, great. Thank you. Jeffrey Liaw -- President Thanks, Bret. Operator Thank you. [Operator Instructions]. Our next question comes from Ryan Brinkman with J.P. Morgan. Please state your question. Ryan Brinkman -- J.P. Morgan -- Analyst Hi. Congrats on another strong quarter. Thanks for taking my question, which is about -- you know, the second straight quarter of this 26% or 27% year-over-year growth in average selling prices. Firstly, are these record price increases? I cannot recall them previously growing this fast. And then also, can you just talk about the biggest factors that are driving the increase and maybe rate the sustainability, your outlook for those different factors such as whole car prices, maybe metals or maybe precious metals, I don't know. And what has also been the impact of mix, such as, for example, if you're selling these newer higher quality of more drivable vehicles, do you think we could see these types of increases for another quarter or two before you start to lap the difficult compares or maybe should we think about some sort of moderation beforehand done on whole car prices or something like that? Thanks. Jayson Adair -- Chief Executive Officer Got it. First just a clarifying point to make sure I didn't misspeak, but our -- I think our ASPs last quarter were up 26% year-over-year and this quarter were up 37%. So the increases is more meaningful this quarter than it was last quarter. Yes, we are at all time highs, and yes, I believe these are all time year-over-year changes as well in selling prices. You may have been away for a moment, we did comment a little earlier on the selling price trends in the business and what portion of it is quote durable and not. And I think there is likely some supply and demand characteristics here. But overall when we have seen volumes decline 13%, but average selling prices increase 37%, we conclude that the absolute dollars flowing to Copart auctions are meaningfully up year-over-year. So it's not just supply and demand, it's not just a fixed number of dollars pursuing a certain number of units, it's much more than that. To your question about mix, I think it is fair to say that as we've seen total loss frequency increase that, that benefits us in the form of ASPs because marginal totals generate higher selling prices at auction. I would note that that's also been a multiple year trend. Total loss frequency in 1980 was 4%, today it's probably north of 20%. So it's not something that's happened during the pandemic, per se. But it arguably has accelerated to some extent during the pandemic, but it's been a true phenomenon for many years. Which is one reason why until if memory serves until the third quarter of 2020 which was right when the pandemic hit, until then we had experienced ASP increases for 13 straight quarters or thereabouts. And that is a reflection of our marketing efforts by recruitment total loss frequency and the like. So some of -- so no doubt, some portion of the -- there are secular drivers then, that will lead ASPs up over the very long haul. To what extent today's 37% increase is purely a pandemic related phenomenon? Very difficult to say. It's certainly not all of it. Ryan Brinkman -- J.P. Morgan -- Analyst Okay, thanks. And then just last question is, if you could weigh in on sort of the whole inflation versus deflation debate that's taking place may come in, we're seeing a lot of inflation in used car prices, but there is deflation in other areas like commercial real estate, etc. I was just thinking that if one was of the view that there is going to be materially higher inflation over the long run because of what's happening with -- that the money supply and Federal Reserve or whatnot, I mean, you own all of your land, so that appreciates in value, won't face higher rent prices, and you get compensated as a percentage of transaction prices. How is the Company positioned to benefit or not from inflation? And is that part of -- is that potentially part of the investment thesis here? Jeffrey Liaw -- President I'd say only indirectly so. So, as you know, for example, you cited one of the more important strategic decisions we have made and continue to make which is that owning our land is the -- is the more correct approach to navigating the -- our balance sheet. Even though on paper, any way you could arguably turbocharge return on equity by selling that land and leasing it back. We've concluded the strategic importance of controlling our own destiny, owning our land knowing that we can assure it's used for our customers for the next 50 years, outweighs the leverage benefit of a potentially more balance sheet efficient approach. One byproduct of that I think is some inflationary protection, that we do find ourselves in an inflationary environment, we are both landlord and tenant. So we are not subject to the potential risk you described. When it comes to inflation in general, inflation is certainly a fraught expression, and certain indices include or exclude durable goods like automobiles and real estate and the like, some exclude fuel. So, it's harder to comment on it in isolation. I would say in general, inflation does not -- it doesn't enter our decision calculus very frequently when it comes to the strategic and operational decisions we make. So hard for -- hard for me to know, I think you -- and the -- and Wall Street will certainly have a better perspective on this than we will. But it's not top of mind when it comes to the decisions we make. Ryan Brinkman -- J.P. Morgan -- Analyst All right, appreciate it. Thank you. Jayson Adair -- Chief Executive Officer Thanks, Ryan. Operator Thank you. There are no further questions at this time, I'll turn it back to Jeff Liaw for closing remarks. Thank you. Jeffrey Liaw -- President Well, thank you for the thoughtful questions and we look forward to talking to everyone on the next call. Have a good day. Operator [Operator Closing Remarks]. Duration: 42 minutes Call participants: John North -- Chief Financial Officer Jayson Adair -- Chief Executive Officer Jeffrey Liaw -- President Bob Labick -- CJS Securities -- Analyst Stephanie Benjamin -- Truist Securities -- Analyst Craig Kennison -- Robert W. Baird -- Analyst Bret Jordan -- Jefferies LLC -- Analyst Ryan Brinkman -- J.P. Morgan -- Analyst More CPRT analysis All earnings call transcripts 10 stocks we like better than Copart When investing geniuses David and Tom Gardner have a stock tip, it can pay to listen. After all, the newsletter they have run for over a decade, Motley Fool Stock Advisor, has tripled the market.* David and Tom just revealed what they believe are the ten best stocks for investors to buy right now... and Copart wasn't one of them! That's right -- they think these 10 stocks are even better buys. See the 10 stocks *Stock Advisor returns as of October 20, 2020 This article is a transcript of this conference call produced for The Motley Fool. While we strive for our Foolish Best, there may be errors, omissions, or inaccuracies in this transcript. As with all our articles, The Motley Fool does not assume any responsibility for your use of this content, and we strongly encourage you to do your own research, including listening to the call yourself and reading the company's SEC filings. Please see our Terms and Conditions for additional details, including our Obligatory Capitalized Disclaimers of Liability. Motley Fool Transcribers has no position in any of the stocks mentioned. The Motley Fool recommends Copart. The Motley Fool has a disclosure policy. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Nasdaq 100 Movers: BIDU, PDD In early trading on Thursday, shares of Pinduoduo topped the list of the day's best performing components of the Nasdaq 100 index, trading up 3.8%. Year to date, Pinduoduo registers a 263.4% gain. And the worst performing Nasdaq 100 component thus far on the day is Baidu, trading down 3.2%. Baidu is showing a gain of 8.8% looking at the year to date performance. Two other components making moves today are Copart, trading down 1.8%, and NetEase, trading up 3.4% on the day. VIDEO: Nasdaq 100 Movers: BIDU, PDD The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Copart Q1 21 Earnings Conference Call At 11:00 AM ET (RTTNews) - Copart, Inc. (CPRT) will host a conference call at 11:00 AM ET on November 19, 2020, to discuss Q1 21 earnings results. To access the live webcast, log on to https://78449.themediaframe.com/dataconf/productusers/copart/mediaframe/41926/indexl.html For a replay call, dial 877-660-6853. Use confirmation code: 13713059. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.""]"
CPRT,2020-11-20,28.3625,28.8425,28.1425,28.6175,
CPRT,2020-11-23,28.54,28.6325,27.965,28.2875,
CPRT,2020-11-24,28.4298,28.565,28.1675,28.3,
CPRT,2020-11-25,28.445,28.76,28.2575,28.69,
CPRT,2020-11-27,28.5725,28.85,28.5,28.8025,
CPRT,2020-11-30,28.8025,28.9125,28.4452,28.8625,
CPRT,2020-12-01,29.0,29.3,28.7338,28.8125,
CPRT,2020-12-02,28.765,28.7925,28.2825,28.325,
CPRT,2020-12-03,27.9875,28.8925,27.9875,28.75,
CPRT,2020-12-04,28.75,28.8304,27.975,28.0225,
CPRT,2020-12-07,28.155,28.76,28.0525,28.6525,
CPRT,2020-12-08,28.5075,29.045,28.375,28.89,
CPRT,2020-12-09,28.845,29.09,28.4125,28.52,
CPRT,2020-12-10,28.44,28.73,28.2175,28.6875,"Validea Peter Lynch Strategy Daily Upgrade Report - 12/10/2020 The following are today's upgrades for Validea's P/E/Growth Investor model based on the published strategy of Peter Lynch. This strategy looks for stocks trading at a reasonable price relative to earnings growth that also possess strong balance sheets. AMERESCO INC (AMRC) is a mid-cap growth stock in the Construction Services industry. The rating according to our strategy based on Peter Lynch changed from 56% to 74% based on the firm’s underlying fundamentals and the stock’s valuation. A score of 80% or above typically indicates that the strategy has some interest in the stock and a score above 90% typically indicates strong interest. Company Description: Ameresco, Inc. (Ameresco) is a provider of a range of energy services, including energy efficiency, infrastructure upgrades, energy security and resilience, asset sustainability and renewable energy solutions for businesses and organizations throughout North America and Europe. Ameresco's sustainability services include capital and operational upgrades to a facility's energy infrastructure and the development, construction, ownership and operation of renewable energy plants. Its segments include U.S. Regions, U.S. Federal, Canada, Small-Scale Infrastructure and All Other. Its U.S. Regions, U.S. Federal and Canada segments offer energy efficiency products and services. Its Small-Scale Infrastructure segment sells electricity, processed renewable gas fuel, heat or cooling, produced from renewable sources of energy and generated by small-scale plants that it owns. The All Other segment offers enterprise energy management services, consulting services and integrated-photovoltaic (PV). The following table summarizes whether the stock meets each of this strategy's tests. Not all criteria in the below table receive equal weighting or are independent, but the table provides a brief overview of the strong and weak points of the security in the context of the strategy's criteria. P/E/GROWTH RATIO: PASS SALES AND P/E RATIO: PASS INVENTORY TO SALES: PASS EPS GROWTH RATE: FAIL TOTAL DEBT/EQUITY RATIO: PASS FREE CASH FLOW: NEUTRAL NET CASH POSITION: NEUTRAL Detailed Analysis of AMERESCO INC Full Guru Analysis for AMRC Full Factor Report for AMRC COPART, INC. (CPRT) is a large-cap growth stock in the Computer Services industry. The rating according to our strategy based on Peter Lynch changed from 56% to 74% based on the firm’s underlying fundamentals and the stock’s valuation. A score of 80% or above typically indicates that the strategy has some interest in the stock and a score above 90% typically indicates strong interest. Company Description: 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. The Company provides vehicle sellers with a range of services to process and sell vehicles primarily over the Internet through its virtual bidding third generation Internet auction-style sales technology (VB3). The Company's service offerings include Online Seller Access, Salvage Estimation Services, Estimating Services, End-Of-Life Vehicle Processing, Virtual Insured Exchange (VIX), Transportation Services, Vehicle Inspection Stations, On-Demand Reporting, Department of Motor Vehicle (DMV) Processing, Flexible Vehicle Processing Programs, Buy It Now, Member Network, Sales Process, Copart Dealer Services, CashForCars.com and U-Pull-It. The following table summarizes whether the stock meets each of this strategy's tests. Not all criteria in the below table receive equal weighting or are independent, but the table provides a brief overview of the strong and weak points of the security in the context of the strategy's criteria. P/E/GROWTH RATIO: FAIL SALES AND P/E RATIO: PASS INVENTORY TO SALES: PASS EPS GROWTH RATE: PASS TOTAL DEBT/EQUITY RATIO: PASS FREE CASH FLOW: NEUTRAL NET CASH POSITION: NEUTRAL Detailed Analysis of COPART, INC. Full Guru Analysis for CPRT Full Factor Report for CPRT NORTHERN TRUST CORPORATION (NTRS) is a large-cap growth stock in the Investment Services industry. The rating according to our strategy based on Peter Lynch changed from 0% to 81% based on the firm’s underlying fundamentals and the stock’s valuation. A score of 80% or above typically indicates that the strategy has some interest in the stock and a score above 90% typically indicates strong interest. Company Description: Northern Trust Corporation is a financial holding company. The Company provides asset servicing, fund administration, asset management, fiduciary and banking solutions for corporations, institutions, families and individuals across the world. Its segments include Corporate & Institutional Services (C&IS), Wealth Management, and Treasury and Other. The C&IS segment is a provider of asset servicing and related services to corporate and public retirement funds, foundations, endowments, fund managers, insurance companies, sovereign wealth funds and other institutional investors around the globe. The Wealth Management segment provides trust, investment management, custody and philanthropic services; financial consulting; guardianship and estate administration; family business consulting; family financial education; brokerage services, and private and business banking. It conducts its business through various subsidiaries. The following table summarizes whether the stock meets each of this strategy's tests. Not all criteria in the below table receive equal weighting or are independent, but the table provides a brief overview of the strong and weak points of the security in the context of the strategy's criteria. YIELD ADJUSTED P/E TO GROWTH (PEG) RATIO: PASS EARNINGS PER SHARE: PASS TOTAL DEBT/EQUITY RATIO: NEUTRAL EQUITY/ASSETS RATIO: PASS RETURN ON ASSETS: FAIL FREE CASH FLOW: NEUTRAL NET CASH POSITION: NEUTRAL Detailed Analysis of NORTHERN TRUST CORPORATION Full Guru Analysis for NTRS Full Factor Report for NTRS More details on Validea's Peter Lynch strategy Peter Lynch Stock Ideas About Peter Lynch: Perhaps the greatest mutual fund manager of all-time, Lynch guided Fidelity Investment's Magellan Fund to a 29.2 percent average annual return from 1977 until his retirement in 1990, almost doubling the S&P 500's 15.8 percent yearly return over that time. Lynch's common sense approach and quick wit made him one of the most quoted investors on Wall Street. (""Go for a business that any idiot can run -- because sooner or later, any idiot probably is going to run it,"" is one of his many pearls of wisdom.) Lynch's bestseller One Up on Wall Street is something of a ""stocks for the everyman/everywoman"", breaking his approach down into easy-to-understand concepts. About Validea: Validea is aninvestment researchservice that follows the published strategies of investment legends. Validea offers both stock analysis and model portfolios based on gurus who have outperformed the market over the long-term, including Warren Buffett, Benjamin Graham, Peter Lynch and Martin Zweig. For more information about Validea, click here The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
CPRT,2020-12-11,28.5475,29.2625,28.385,29.245,
CPRT,2020-12-14,29.375,29.985,29.2838,29.5725,
CPRT,2020-12-15,29.7975,30.56,29.755,30.34,
CPRT,2020-12-16,30.4,30.79,30.02,30.23,
CPRT,2020-12-17,30.355,30.5275,30.2225,30.42,
CPRT,2020-12-18,30.64,30.64,30.185,30.59,
CPRT,2020-12-21,30.1425,30.5825,29.6,30.545,
CPRT,2020-12-22,30.5425,30.7725,30.2638,30.76,
CPRT,2020-12-23,30.8125,31.0275,30.77,30.8375,
CPRT,2020-12-24,30.89,31.01,30.675,30.9275,
CPRT,2020-12-28,31.34,31.895,31.065,31.68,
CPRT,2020-12-29,31.7925,31.915,31.255,31.48,"Copart Reaches Analyst Target Price In recent trading, shares of Copart Inc (Symbol: CPRT) have crossed above the average analyst 12-month target price of $124.20, changing hands for $126.72/share. When a stock reaches the target an analyst has set, the analyst logically has two ways to react: downgrade on valuation, or, re-adjust their target price to a higher level. Analyst reaction may also depend on the fundamental business developments that may be responsible for driving the stock price higher — if things are looking up for the company, perhaps it is time for that target price to be raised. There are 5 different analyst targets contributing to that average for Copart Inc, but the average is just that — a mathematical average. There are analysts with lower targets than the average, including one looking for a price of $108.00. And then on the other side of the spectrum one analyst has a target as high as $135.00. The standard deviation is $10.377. But the whole reason to look at the average CPRT price target in the first place is to tap into a ""wisdom of crowds"" effort, putting together the contributions of all the individual minds who contributed to the ultimate number, as opposed to what just one particular expert believes. And so with CPRT crossing above that average target price of $124.20/share, investors in CPRT have been given a good signal to spend fresh time assessing the company and deciding for themselves: is $124.20 just one stop on the way to an even higher target, or has the valuation gotten stretched to the point where it is time to think about taking some chips off the table? Below is a table showing the current thinking of the analysts that cover Copart Inc: RECENT CPRT ANALYST RATINGS BREAKDOWN » Current 1 Month Ago 2 Month Ago 3 Month Ago Strong buy ratings: 3 3 3 4 Buy ratings: 0 0 0 0 Hold ratings: 4 4 4 4 Sell ratings: 0 0 0 0 Strong sell ratings: 0 0 0 0 Average rating: 2.14 2.14 2.14 2.0 The average rating presented in the last row of the above table above is from 1 to 5 where 1 is Strong Buy and 5 is Strong Sell. This article used data provided by Zacks Investment Research via Quandl.com. Get the latest Zacks research report on CPRT — FREE. The Top 25 Broker Analyst Picks of the S&P 500 » The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
CPRT,2020-12-30,31.5025,32.0338,31.4825,31.635,
CPRT,2020-12-31,31.6175,31.895,31.405,31.8125,
CPRT,2021-01-04,31.9625,32.08,30.04,30.1625,
CPRT,2021-01-05,30.08,30.3925,29.6125,30.0325,"Notable Tuesday Option Activity: CPRT, XOM, APA Looking at options trading activity among components of the S&P 500 index, there is noteworthy activity today in Copart Inc (Symbol: CPRT), where a total volume of 6,880 contracts has been traded thus far today, a contract volume which is representative of approximately 688,000 underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 57.4% of CPRT's average daily trading volume over the past month, of 1.2 million shares. Particularly high volume was seen for the $140 strike call option expiring February 19, 2021, with 2,466 contracts trading so far today, representing approximately 246,600 underlying shares of CPRT. Below is a chart showing CPRT's trailing twelve month trading history, with the $140 strike highlighted in orange: Exxon Mobil Corp (Symbol: XOM) saw options trading volume of 144,762 contracts, representing approximately 14.5 million underlying shares or approximately 53.3% of XOM's average daily trading volume over the past month, of 27.1 million shares. Especially high volume was seen for the $44.50 strike call option expiring January 08, 2021, with 11,656 contracts trading so far today, representing approximately 1.2 million underlying shares of XOM. Below is a chart showing XOM's trailing twelve month trading history, with the $44.50 strike highlighted in orange: And Apache Corp (Symbol: APA) saw options trading volume of 47,182 contracts, representing approximately 4.7 million underlying shares or approximately 52.7% of APA's average daily trading volume over the past month, of 8.9 million shares. Especially high volume was seen for the $15 strike put option expiring January 15, 2021, with 12,009 contracts trading so far today, representing approximately 1.2 million underlying shares of APA. Below is a chart showing APA's trailing twelve month trading history, with the $15 strike highlighted in orange: For the various different available expirations for CPRT options, XOM options, or APA options, visit StockOptionsChannel.com. Today's Most Active Call & Put Options of the S&P 500 » The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
CPRT,2021-01-06,29.4825,30.0975,29.3225,29.45,
CPRT,2021-01-07,29.45,30.285,29.45,30.2175,
CPRT,2021-01-08,30.1675,31.0025,30.115,30.545,
CPRT,2021-01-11,30.5175,30.5425,29.9525,30.2175,
CPRT,2021-01-12,30.115,30.672,30.03,30.4575,
CPRT,2021-01-13,30.435,30.4425,29.76,29.775,
CPRT,2021-01-14,29.775,29.805,29.25,29.315,
CPRT,2021-01-15,29.1225,29.13,28.3975,28.945,
CPRT,2021-01-19,29.0275,29.2925,28.8375,29.0225,
CPRT,2021-01-20,29.01,29.14,28.7375,29.0975,
CPRT,2021-01-21,29.11,29.405,28.8188,28.925,
CPRT,2021-01-22,28.845,28.9675,28.5175,28.6475,
CPRT,2021-01-25,28.4825,28.55,27.8425,28.225,"LKQ Is Helping Itself to a Higher Price Shares have been stuck in neutral for years, but 2021 could see things turn around for the auto-parts supplier. The pandemic forced the company to do what it should have done long ago."
CPRT,2021-01-26,28.1925,28.225,27.5225,27.5675,"Validea Peter Lynch Strategy Daily Upgrade Report - 1/26/2021 The following are today's upgrades for Validea's P/E/Growth Investor model based on the published strategy of Peter Lynch. This strategy looks for stocks trading at a reasonable price relative to earnings growth that also possess strong balance sheets. COPART, INC. (CPRT) is a large-cap growth stock in the Computer Services industry. The rating according to our strategy based on Peter Lynch changed from 56% to 87% based on the firm’s underlying fundamentals and the stock’s valuation. A score of 80% or above typically indicates that the strategy has some interest in the stock and a score above 90% typically indicates strong interest. Company Description: 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. The Company provides vehicle sellers with a range of services to process and sell vehicles primarily over the Internet through its virtual bidding third generation Internet auction-style sales technology (VB3). The Company's service offerings include Online Seller Access, Salvage Estimation Services, Estimating Services, End-Of-Life Vehicle Processing, Virtual Insured Exchange (VIX), Transportation Services, Vehicle Inspection Stations, On-Demand Reporting, Department of Motor Vehicle (DMV) Processing, Flexible Vehicle Processing Programs, Buy It Now, Member Network, Sales Process, Copart Dealer Services, CashForCars.com and U-Pull-It. The following table summarizes whether the stock meets each of this strategy's tests. Not all criteria in the below table receive equal weighting or are independent, but the table provides a brief overview of the strong and weak points of the security in the context of the strategy's criteria. P/E/GROWTH RATIO: PASS SALES AND P/E RATIO: PASS INVENTORY TO SALES: PASS EPS GROWTH RATE: PASS TOTAL DEBT/EQUITY RATIO: PASS FREE CASH FLOW: NEUTRAL NET CASH POSITION: NEUTRAL Detailed Analysis of COPART, INC. Full Guru Analysis for CPRT Full Factor Report for CPRT GRACO INC. (GGG) is a large-cap growth stock in the Misc. Capital Goods industry. The rating according to our strategy based on Peter Lynch changed from 69% to 87% based on the firm’s underlying fundamentals and the stock’s valuation. A score of 80% or above typically indicates that the strategy has some interest in the stock and a score above 90% typically indicates strong interest. Company Description: Graco Inc. designs, manufactures and markets systems and equipment used to move, measure, control, dispense and spray fluid and powder materials. The Company specializes in equipment for applications that involve materials with viscosities, materials with abrasive or corrosive properties, and multiple-component materials that require ratio control. The Company operates through three segments: Industrial, Process and Contractor. The Industrial segment markets equipment and pre-engineered packages for moving and applying paints, coatings, sealants, adhesives and other fluids. The Process segment markets pumps, valves, meters and accessories to move and dispense chemicals, oil and natural gas, water, wastewater, petroleum, food, lubricants and other fluids. The Contractor segment markets sprayers for architectural coatings for painting, corrosion control, texture and line striping. Its equipment is used in the manufacturing, processing, construction and maintenance industries. The following table summarizes whether the stock meets each of this strategy's tests. Not all criteria in the below table receive equal weighting or are independent, but the table provides a brief overview of the strong and weak points of the security in the context of the strategy's criteria. P/E/GROWTH RATIO: PASS SALES AND P/E RATIO: PASS INVENTORY TO SALES: PASS EPS GROWTH RATE: PASS TOTAL DEBT/EQUITY RATIO: PASS FREE CASH FLOW: NEUTRAL NET CASH POSITION: NEUTRAL Detailed Analysis of GRACO INC. Full Guru Analysis for GGG Full Factor Report for GGG LENNAR CORPORATION (LEN) is a large-cap value stock in the Construction Services industry. The rating according to our strategy based on Peter Lynch changed from 0% to 93% based on the firm’s underlying fundamentals and the stock’s valuation. A score of 80% or above typically indicates that the strategy has some interest in the stock and a score above 90% typically indicates strong interest. Company Description: Lennar Corporation is a provider of real estate related financial services, commercial real estate, investment management and finance company. The Company is a homebuilder that operates in various states. Its segments include Homebuilding East, Homebuilding Central, Homebuilding West, Lennar Financial Services and Lennar Multifamily. It is a developer of multifamily rental properties. Its Homebuilding operations include the construction and sale of single-family attached and detached homes, as well as the purchase, development and sale of residential land. It operates primarily under the Lennar brand name. The Lennar Financial Services segment includes mortgage financing, title insurance and closing services for both buyers of its homes and others.The Lennar Multifamily segment focuses on developing a portfolio of institutional multifamily rental properties in the United States markets. The following table summarizes whether the stock meets each of this strategy's tests. Not all criteria in the below table receive equal weighting or are independent, but the table provides a brief overview of the strong and weak points of the security in the context of the strategy's criteria. P/E/GROWTH RATIO: PASS SALES AND P/E RATIO: PASS INVENTORY TO SALES: PASS EPS GROWTH RATE: PASS TOTAL DEBT/EQUITY RATIO: PASS FREE CASH FLOW: NEUTRAL NET CASH POSITION: NEUTRAL Detailed Analysis of LENNAR CORPORATION Full Guru Analysis for LEN Full Factor Report for LEN HINGHAM INSTITUTION FOR SAVINGS (HIFS) is a small-cap value stock in the S&Ls/Savings Banks industry. The rating according to our strategy based on Peter Lynch changed from 72% to 93% based on the firm’s underlying fundamentals and the stock’s valuation. A score of 80% or above typically indicates that the strategy has some interest in the stock and a score above 90% typically indicates strong interest. Company Description: Hingham Institution for Savings (the Bank) is a Massachusetts-chartered savings bank (the Bank). The Bank is principally engaged in the business of residential and commercial real estate mortgage lending, funded by a retail deposit network and borrowings. The Bank provides a range of financial services to individuals and small businesses through its approximately 10 offices in Boston and southeastern Massachusetts. Its primary deposit products are savings, checking, and term certificate accounts, and its primary lending products are residential and commercial mortgage loans secured by properties in Eastern Massachusetts. The Bank offers personal checking accounts, money market and savings accounts, as well as longer term certificates of deposit for individuals, businesses, non-profits, cities and towns. The Bank's loan portfolio includes residential real estate, commercial real estate, construction, home equity, commercial and consumer segments. The following table summarizes whether the stock meets each of this strategy's tests. Not all criteria in the below table receive equal weighting or are independent, but the table provides a brief overview of the strong and weak points of the security in the context of the strategy's criteria. P/E/GROWTH RATIO: PASS SALES AND P/E RATIO: NEUTRAL EPS GROWTH RATE: PASS TOTAL DEBT/EQUITY RATIO: NEUTRAL EQUITY/ASSETS RATIO: PASS RETURN ON ASSETS: PASS Detailed Analysis of HINGHAM INSTITUTION FOR SAVINGS Full Guru Analysis for HIFS Full Factor Report for HIFS BANK FIRST CORP (BFC) is a small-cap growth stock in the Regional Banks industry. The rating according to our strategy based on Peter Lynch changed from 72% to 91% based on the firm’s underlying fundamentals and the stock’s valuation. A score of 80% or above typically indicates that the strategy has some interest in the stock and a score above 90% typically indicates strong interest. Company Description: Bank First Corp, formerly Bank First National Corp, is the holding company for Bank First (the Bank). The Company provides a range of financial services to individual and business customers. The Bank is an independent community bank. It offers personal and business banking services. Its personal banking services include savings, checking, loans and electronic banking. Its personal savings accounts include certificates of deposit (CD), individual retirement account (IRA) savings account and health savings accounts. Its business banking services include savings, checking, credit cards and treasury management. It offers deposit accounts, CD account registry service (CDARS) and health savings accounts. The Bank offers real estate loans, home equity loans, installment and consumer loans, working capital lines of credit, equipment loans, loans for business expansion, real estate loans, construction/development loans, small business administration loans and farm/crop/livestock loans. The following table summarizes whether the stock meets each of this strategy's tests. Not all criteria in the below table receive equal weighting or are independent, but the table provides a brief overview of the strong and weak points of the security in the context of the strategy's criteria. P/E/GROWTH RATIO: PASS SALES AND P/E RATIO: NEUTRAL EPS GROWTH RATE: PASS TOTAL DEBT/EQUITY RATIO: NEUTRAL EQUITY/ASSETS RATIO: PASS RETURN ON ASSETS: PASS FREE CASH FLOW: NEUTRAL NET CASH POSITION: NEUTRAL Detailed Analysis of BANK FIRST CORP Full Guru Analysis for BFC Full Factor Report for BFC GOLDMAN SACHS GROUP INC (GS) is a large-cap value stock in the Investment Services industry. The rating according to our strategy based on Peter Lynch changed from 0% to 81% based on the firm’s underlying fundamentals and the stock’s valuation. A score of 80% or above typically indicates that the strategy has some interest in the stock and a score above 90% typically indicates strong interest. Company Description: The Goldman Sachs Group, Inc. is an investment banking, securities and investment management company that provides a range of financial services to corporations, financial institutions, governments and individuals. The Company operates in four business segments: Investment Banking, Institutional Client Services, Investing & Lending, and Investment Management. The Investment Banking segment consists of financial advisory and underwriting. The Institutional Client Services segment makes markets and facilitates client transactions in fixed income, equity, currency and commodity products. The investing and lending activities, which are typically longer-term, include its investing and relationship lending activities across various asset classes, primarily debt securities and loans, public and private equity securities, infrastructure and real estate. The Investment Management segment provides investment and wealth advisory services. As of December 2016, it had offices in over 30 countries. The following table summarizes whether the stock meets each of this strategy's tests. Not all criteria in the below table receive equal weighting or are independent, but the table provides a brief overview of the strong and weak points of the security in the context of the strategy's criteria. YIELD ADJUSTED P/E TO GROWTH (PEG) RATIO: PASS EARNINGS PER SHARE: PASS TOTAL DEBT/EQUITY RATIO: NEUTRAL EQUITY/ASSETS RATIO: PASS RETURN ON ASSETS: FAIL Detailed Analysis of GOLDMAN SACHS GROUP INC Full Guru Analysis for GS Full Factor Report for GS EMCOR GROUP INC (EME) is a mid-cap growth stock in the Construction Services industry. The rating according to our strategy based on Peter Lynch changed from 0% to 74% based on the firm’s underlying fundamentals and the stock’s valuation. A score of 80% or above typically indicates that the strategy has some interest in the stock and a score above 90% typically indicates strong interest. Company Description: EMCOR Group, Inc. is an electrical and mechanical construction, and facilities services firm in the United States. The Company provides building services and industrial services. Its segments are United States electrical construction and facilities services; United States mechanical construction and facilities services; United States building services; United States industrial services, and United Kingdom building services. As of December 31, 2016, its services were provided to a range of commercial, industrial, utility and institutional customers through approximately 75 operating subsidiaries and joint venture entities. It is providing construction services relating to electrical and mechanical systems in various types of non-residential and certain residential facilities, and in providing services relating to the operation, maintenance and management of facilities, including refineries and petrochemical plants. It operates various electrical and mechanical systems. The following table summarizes whether the stock meets each of this strategy's tests. Not all criteria in the below table receive equal weighting or are independent, but the table provides a brief overview of the strong and weak points of the security in the context of the strategy's criteria. P/E/GROWTH RATIO: FAIL SALES AND P/E RATIO: PASS INVENTORY TO SALES: PASS EPS GROWTH RATE: PASS TOTAL DEBT/EQUITY RATIO: PASS FREE CASH FLOW: NEUTRAL NET CASH POSITION: NEUTRAL Detailed Analysis of EMCOR GROUP INC Full Guru Analysis for EME Full Factor Report for EME More details on Validea's Peter Lynch strategy Peter Lynch Stock Ideas About Peter Lynch: Perhaps the greatest mutual fund manager of all-time, Lynch guided Fidelity Investment's Magellan Fund to a 29.2 percent average annual return from 1977 until his retirement in 1990, almost doubling the S&P 500's 15.8 percent yearly return over that time. Lynch's common sense approach and quick wit made him one of the most quoted investors on Wall Street. (""Go for a business that any idiot can run -- because sooner or later, any idiot probably is going to run it,"" is one of his many pearls of wisdom.) Lynch's bestseller One Up on Wall Street is something of a ""stocks for the everyman/everywoman"", breaking his approach down into easy-to-understand concepts. About Validea: Validea is aninvestment researchservice that follows the published strategies of investment legends. Validea offers both stock analysis and model portfolios based on gurus who have outperformed the market over the long-term, including Warren Buffett, Benjamin Graham, Peter Lynch and Martin Zweig. For more information about Validea, click here The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
CPRT,2021-01-27,27.195,27.579,26.67,27.0625,
CPRT,2021-01-28,27.2675,27.8575,27.115,27.48,
CPRT,2021-01-29,27.25,27.6,26.96,27.4375,
CPRT,2021-02-01,27.5275,27.9275,27.44,27.715,
CPRT,2021-02-02,27.9525,28.5875,27.8675,28.49,
CPRT,2021-02-03,28.34,28.5,27.95,28.025,
CPRT,2021-02-04,28.11,28.69,27.9975,28.5825,
CPRT,2021-02-05,29.22,30.035,28.8875,29.8475,"Is It Time to Buy the Nasdaq's 3 Worst-Performing January Stocks? The Nasdaq 100 Index finished January 2021 on a flat note, with modest returns of 0.31%. Within that index, Nasdaq companies digital car auctioneer Copart (NASDAQ: CPRT), online travel agency Booking Holdings Inc. (NASDAQ: BKNG), and Marriott International, Inc. (NASDAQ: MAR) had a rotten start to 2021, with the stock prices for each each sinking by more than 11%. Does last month's plunge in value represent a buying opportunity -- or is this a sign to avoid these stocks at all costs? Let's find out a bit more about Nasdaq's three worst-performing January stocks and whether we can answer that question. Image source: Getty Images. 1. Copart January 2021 got off to a dismal start for online car auctioneer Copart. The little-covered stock saw share prices plunge by 13.75% in January, making it the Nasdaq 100's worst performer of the month. But Copart's drop wasn't the result of bad news -- or any news at all, really. It seems more like a correction after shares shot up 10.41% in December. By comparison, the S&P 500 index rose 2.68%, while the Nasdaq 100 index was up 3.53% in the same period. COVID-19 has been a mixed bag for Copart. It had the advantage of being a digital business before the pandemic, so unlike some competitors, it didn't have to suddenly make a drastic shift to its operations. But Copart makes money when it salvages wrecked cars and auctions them online. Fewer miles driven would logically lead to fewer wrecked cars, though Copart President Jeffrey Liaw noted in a Novemberearnings callthat accident frequency per miles driven has actually spiked during the pandemic. Another factor was the 2020 Atlantic storm season, which caused fewer damages than usual even though it produced a record 30 named storms. International sales were down 11% during the first quarter, which ended Oct. 30, while U.S. sales dropped by 13%. But its average selling price rose 37%, fueled by surging demand for used cars during the pandemic. The mean analyst price target for Copart is $126.50, which is 11% more than its share price of $113.96 at Tuesday's close. If you're interested in Copart stock, January's performance shouldn't deter you. Image source: Getty Images. 2. Booking Holdings Inc. Booking Holdings Inc. fell 12.72% last month, making it the second-worst performer on the Nasdaq 100 in January. But the online travel agency is the rare travel stock that rose slightly in 2020, finishing the year about 8% higher. Investors should think carefully before buying Booking Holdings stock, though -- but not because of all the oft-cited uncertainties surrounding how the pandemic will forever change travel. Even before the pandemic, its revenue growth was starting to slow down. Booking Holdings' competitive advantage is shrinking compared to Airbnb's (NASDAQ: ABNB), as leisure travelers seek out an authentic local experience instead of staying at a large hotel. Business travelers are more likely to use Booking platforms to book hotel stays, but it's easier than ever to do so directly through Alphabet's Google. Plus, the growth of loyalty programs encourages frequent travelers to book directly through airlines and hotels, rather than using a third-party site. As Booking Holdings' economic moat grows slimmer, its stock is losing luster. J.W. Marriott Orlando Bonnet Creek Resort & Spa. Image source: Marriott International. 3. Marriott International Inc. The Nasdaq 100's third-biggest loser for January was Marriott International Inc., the largest hotel operator in the globe, whose stock price plunged 11.83%. Not surprisingly, Marriott's stock has often gone up and down based on whether the COVID-19 news of the day is good or bad. Despite all the unknowns about how quickly travel can recover, along with increased competition from Airbnb, there are plenty of reasons to be optimistic about Marriott in the long run. Even though revenue per available room, or RevPAR, tanked by 66% during the third quarter compared to 2019, Marriott still managed to return to profitability, mainly by slashing operating expenses, but also through a modest uptick in demand. It logged adjusted earnings per share of $0.06, while analysts had predicted adjusted losses of $0.08. Marriott's shares are currently down nearly 14% compared to a year ago. With 30 brands in its portfolio and one of the strongest loyalty programs in the business, Marriott's recovery seems inevitable at some point. In the long term, buying Marriott stock right now may turn out to be a bargain. But unless you have plenty of time and patience to ride out the long road ahead, hold off on adding Marriott to your portfolio. 10 stocks we like better than Copart When investing geniuses David and Tom Gardner have a stock tip, it can pay to listen. After all, the newsletter they have run for over a decade, Motley Fool Stock Advisor, has tripled the market.* David and Tom just revealed what they believe are the ten best stocks for investors to buy right now... and Copart wasn't one of them! That's right -- they think these 10 stocks are even better buys. See the 10 stocks *Stock Advisor returns as of November 20, 2020 Suzanne Frey, an executive at Alphabet, is a member of The Motley Fool's board of directors. Robin Hartill, CFP has no position in any of the stocks mentioned. The Motley Fool owns shares of and recommends Alphabet (A shares), Alphabet (C shares), and Booking Holdings. The Motley Fool recommends Airbnb, Inc., Copart, and Marriott International, and Nasdaq. The Motley Fool has a disclosure policy. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
CPRT,2021-02-08,29.875,30.3775,29.75,30.195,
CPRT,2021-02-09,30.2425,30.3638,30.1025,30.27,
CPRT,2021-02-10,30.4172,30.4925,29.4325,29.5125,
CPRT,2021-02-11,29.715,29.805,28.8475,28.9925,
CPRT,2021-02-12,29.435,29.9775,29.155,29.8562,
CPRT,2021-02-16,29.935,29.95,29.265,29.535,
CPRT,2021-02-17,29.4725,29.5425,28.765,29.4975,"Don't Expect a Deal on a Used Car This Year. Here's Why. KAR Auction Services' financial results shocked investors, with a weak outlook for 2021. Its results also signal a tougher used car market ahead for consumers."
CPRT,2021-02-18,29.4075,29.76,29.23,29.6925,"Copart Q2 Profit Rises (RTTNews) - Copart Inc. (CPRT) Thursday reported second-quarter net income of $193.4 million or $0.81 per share, up from $168.7 million or $0.71 per share last year. Adjusted earnings for the quarter were $0.80 per share, up from $0.64 per share last year. Second-quarter revenues rose to $617.0 million from $575.1 million last year. Analysts polled by Thomson Reuters estimated earnings of $0.79 per share and revenues of $628.9 million. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
CPRT,2021-02-19,29.0975,29.7388,29.025,29.2675,"Copart, Inc. (CPRT) Q2 2021 Earnings Call Transcript Image source: The Motley Fool. Copart, Inc. (NASDAQ: CPRT) Q2 2021 Earnings Call Feb 19, 2021, 11:00 a.m. ET Contents: Prepared Remarks Questions and Answers Call Participants Prepared Remarks: Operator Good day everyone and welcome to the Copart Incorporated Second Quarter Fiscal 2021 Earnings Call. Just a reminder, today's conference is being recorded. For opening remarks and introductions, I would like to turn the call over to Mr. John North, Chief Financial Officer of Copart Incorporated. Please go ahead, sir. 10 stocks we like better than Copart When investing geniuses David and Tom Gardner have a stock tip, it can pay to listen. After all, the newsletter they have run for over a decade, Motley Fool Stock Advisor, has tripled the market.* David and Tom just revealed what they believe are the ten best stocks for investors to buy right now... and Copart wasn't one of them! That's right -- they think these 10 stocks are even better buys. See the 10 stocks *Stock Advisor returns as of November 20, 2020 John North -- Chief Financial Officer Thanks. During today's call, we'll discuss certain non-GAAP measures, which include adjustments to reverse the effect of certain discrete income tax items, foreign currency related gains, certain income tax benefits and payroll taxes related to the accounting for stock option exercises. We provided a reconciliation of these non-GAAP financial measures to the most directly comparable GAAP measures on our Investor Relations website and on our press release issued yesterday. We believe these non-GAAP measures together with our corresponding GAAP measures are relevant in analyzing our results and assessing our business trends and performance. In addition, our comments today include forward-looking statements within the meaning of federal securities laws, including management's current views with respect to trends, opportunities, and uncertainties in our markets including the COVID-19 pandemic. These forward-looking statements involve substantial risks and uncertainties. For more detail on the risks associated with our business, we refer you to the section titled Risk Factors in our Annual Report on Form 10-K for the year ended July 31st, 2020 and each of our subsequent quarterly reports on Form 10-Q. Any forward-looking statements are made as of today and we have no obligation to update or revise any forward-looking statements. And now that the disclaimer is out of the way, I'd like to turn the call over to Jeff. Jeffrey Liaw -- President Thanks, John and thank you for joining us everyone for our second quarter call here. We are very pleased with our results for the second quarter and look forward to discussing the trends in our business throughout today's discussion. As an appropriate cap to a bizarre 12 months, we are now experiencing a major weather system in the U.S., of course, including here at headquarters in Dallas where four inches of snow qualifies as a snow storm of epic proportions. So we start by extending our well-wishes to our team, our customers and their families and a special thanks this week to the Copart Headquarters team including our tech people, operations, finance, and accounting who are keeping us in business to serve our customers and in this case, our investors today as well without disruption. The natural questions today will, of course, focus on the pandemic. Since our last call in November, we have all experienced first-hand the holiday season and therefore the accelerating and now decelerating case loads across the world. We've seen new viral strains and, of course, we are observing the emerging logistics challenges of the global vaccine distribution phenomenon as well, and therefore, we've seen mobility modulate up and down over the course of that time as well. We have throughout remain honored to be recognized as an essential business in serving our customers and the communities in which we do business. The themes remain overwhelmingly consistent. We have observed reducing activity offset by the substitution of driving for other forms of transit including air travel, buses, trains and the like. We continue to [Indecipherable] frequency that remains higher than what would have historically been projected given recent driving trends. We've also observed higher total loss frequency in parts empowered by very strong returns at our auctions. If anything, our long run views remain very much reinforced that the 40-year trend of rising total loss frequency remains the most important underlying driver of our business and has been a continuous trend despite some major macroeconomic disruptions over the course of the past 12 months. In pausing to reflect on almost now a full year of pandemic life, I think we've remained incredibly true to our foundational principles. We continue to focus day-to-day on serving our customers exceptionally well in both good times and bad, in snow storms and otherwise. We've been flexible in accommodating their workflows. We have also noted the importance of auction liquidity, that being the flywheel of our marketplace business. At a time when others may well be retrenching, we continue to invest very substantial resources in growing our global buyer base. We continue to believe the physical capacity is a key enabler of our business as well and have invested accordingly including making some opportunistic purchases over the course of the past year or so. And we certainly have seen the power of deploying technology in every corner of our business to make ourselves more efficient, our customers more efficient and to drive superior returns as well in our auctions, in our member recruitment and retention efforts, in customer integration, in reporting loan payoff tools, our vehicle valuation tools and on and on and on. There is no end to the power of technology both past, present and future in Copart. Our people and culture have also been remarkably durable and essential despite the disruptions of various remote work requirements, quarantines for exposure to coronavirus and otherwise. It is the durability of Copart's culture I think that has proven to be the strongest thread that keeps us together. We've invested substantial resources throughout the pandemic in all of the above in the face of massive economic disruption. We continue to make decisions all day, every day to support our customers for [Phonetic] years. That remains our horizon as we make day to day decisions. On our business specifically, we certainly did observe volume declines in the second quarter due to reduced driving activity and high car prices, of course, which all else equal would lead to fewer cars to being totaled offset by higher than expected accident frequency, very strong auction [Indecipherable] and therefore, a total loss frequency as well. Our global unit sales decreased by 13% for the quarter with U.S. unit decrease of 13% and an international unit decline of approximately 15%. We've observed a slightly more pronounced international decline as certain countries in which we have implemented more severe shelter-in-place orders due to high COVID-19 case counts and population density as well. Within our U.S. non-insurance business, we continued the trend of seeing charities and wholesalers volumes contracting the most significantly perhaps affected most directly by COVID-19. Excluding those two categories, our non-insurance volume continued its year-over-year growth trends. And in fact, our dealer business grew 10% year-over-year in unit volume compared to what we believe were significant declines for other whole car auction platforms. This is both a product of our auction liquidity, the flywheel I described a moment ago, and certainly a contributor to it as well. Every dealer car we earn the right to sell empowers us to serve our insurance customers still better with superior returns and vice versa. Our global inventory at the end of January decreased 1.1% versus a year ago. That is comprised of both a slight increase in U.S. inventory of 1% percent and a decline of 15% for international inventory primarily driven by those countries where we have experienced more severe COVID-19 lockdowns. On our average selling prices, they remain robust with substantial increases year-over-year. ASPs worldwide grew 35% for the quarter, with U.S., up 36%. And while there are various offsetting mix shift considerations for that U.S. number, our insurance ASPs are up 36% year-over-year in the U.S. as well. The natural question of course is how durable those are. We note that there are certainly favorable underlying drivers as well, including strong used car prices, folks like Manheim and NADA citing increases in values of 15% or thereabouts, substantial increases, but certainly shy of the mid-30% range that we've experienced first hand. Our selling prices have grown we think as a reflection of our ongoing marketing member recruitment capabilities and broad global reach. With the exception of the one quarter at the beginning the pandemic last year, we've now experienced 16 straight quarters of ASP increases year-over-year. International buyers after experiencing a slight decline in terms of the mix of vehicles purchased at the height of the pandemic are now purchasing cars again at a greater rate than before the pandemic despite logistics challenges and the headaches that might come with shipping cars in 2021, a reflection of the decades long trends that we've discussed at great length previously. I think it's difficult to project any given month, any given quarter or year, but the secular trends for ASPs including our international buyer recruitment and retention total loss frequency certainly as well remain durable. We are grateful for our very strong financial performance this quarter. Excited to continue investing in our customers future and our own. And with that, I'll turn it over to our CFO, John North, to discuss the second quarter financial results. John North -- Chief Financial Officer Thanks, Jeff and good morning everybody. I'll make a few brief comments on our operational results to provide a little more color and then we'll open it up for some questions. Global revenue increased $41.9 million or 7.3%, including a $2.2 million benefit due to currency. Global service revenue increased $22.6 million or 4.4% primarily due to higher ASPs. The U.S. service revenue grew 4% and international experienced an increase of 7.2%. Purchased vehicle sales increased $19.3 million or 29.7% due to higher ASPs and increased volumes partially offset by lower international volumes. U.S. purchased vehicle revenue was up 48.3% over the prior year and international grew by 7.5%. As a result, purchased vehicle gross profit defined as vehicle sales less cost of vehicle sales increased by $3.6 million overall. Global gross profit increased by $47.6 million or 18.3% and our gross margin percentage improved by [Technical Issues] to 49.8%. U.S. margins improved from 47.6% to 52.2% and international margins increased from 32.8% to 37.6%. Both segment's margin was driven primarily through increased ASPs but was partially offset due to volume declines over fixed cost components leading to higher cost per unit processed. I'll now move to discussion of G&A expenses excluding stock compensation and depreciation expenses. We continue to believe that we can achieve additional operating leverage over the long-term and we encourage you to review the trend lines rather than a single quarter metric for a more accurate view of the business, particularly given the impact of COVID. With that said, our G&A spend was down $3.2 million from $39.2 million a year ago to $36.0 million in 2021. As a result, our GAAP operating income increased by 23% from $209.9 million to $258.2 million. We delivered over 500 basis points of operating margin improvement due to revenue growth from strong fees outpacing the impact of a lower absolute volume of vehicles while controlling G&A costs. Net interest expense increased $400,000 or 8.6% year-over-year due to reduced interest income on collected cash balances given the current interest rate environment and an increased issuance costs and unused line of credit fees due to the July [Phonetic] 2020 revolver upsizing and amendment. Q2 income tax expense was $59 million at a 23.4% effective tax rate reflecting a $2.2 million benefit to size employee stock options, which has been adjusted out for purposes of non-GAAP earnings included in our earnings release. On a non-GAAP basis, our effective tax rate would have been 24.2%. In summary, GAAP net income increased 14.7% from $168.7 million last year to $193.4 million this year. Adjusted to remove the effects of currency and the tax benefit on the exercise of stock options, non-GAAP net income increased 24.8% from $153.5 million last year to $191.5 million in the first quarter of 2021 -- in the second quarter of 2021, excuse me. For the first six months of fiscal '21, GAAP net income increased to $393.7 million and non-GAAP net income increased 23% to $379.8 million. Now to briefly update our liquidity and cash flow highlights. As of January 31st, 2021, we had $1.6 billion of liquidity comprised of $616.4 million in cash and cash equivalents and an undrawn revolving credit facility with capacity of over $1 billion. This is an increase of $138.7 million over July 31st, 2020. Operating cash flow for the quarter decreased modestly by $10 million year-over-year to $134.5 million, primarily driven by working capital changes. Sequentially, operating cash flow decreased $124 million in the first quarter of 2021 due to seasonal factors that should reverse later in the year. We invested $136.1 million in capital expenditures for the quarter and 85% of this amount was attributable to capacity expansion. This investment continues to ensure adequate capacity for additional business and creates a economic moat to potential market entrants given the difficulty in-sourcing appropriately zoned facilities. In conclusion, our conservative capital structure and strong and durable growth enable us to continue to make decisions for long-term interest of both our customers and our shareholders. That concludes our prepared remarks. Victor, we're happy to open it up for some questions. Questions and Answers: Operator [Operator Instructions] Our first question comes from Bob Labick with CJS Securities. Please proceed with your question. Bob Labick -- CJS Securities -- Analyst Congratulations on the strong operating performance. Jeffrey Liaw -- President Thanks, Bob. Bob Labick -- CJS Securities -- Analyst I wanted to start with one of the comments you made just to dig a little further, Jeff, you mentioned total loss frequency as one of the -- has been rising for 40 years as one of the keys to the investment thesis to the secular growth that you have, but there's also been a 30% plus ASP rise over the last nine months plus. Has total loss frequency risen proportionately? Do you think there is more to come? Do you think -- what's the correlation between those and how do you think it's going to play out going forward? Jeffrey Liaw -- President It's a great and very thorny question you raised. So I mentioned used car prices [Technical Issues] track carefully as well. So if you -- lets separate a bunch of different variables. Let's start with used car prices -- used car prices being high by itself would lead to fewer cars being totaled to the extent that it helps to bring salvage auction values up, that can then increase total loss frequency to some extent as well, but your question really is to what extent are today's auction returns being incorporated by insurance companies into their total loss decisions and I think the answer is partially so. I don't think broadly speaking folks have fully accounted for today's auction returns in terms of the total loss frequency. You've seen the uptick in total loss frequency, but it's in the 1% kind of range. I think if and when these prices prove durable, I think we would see total loss frequency up meaningfully still. Bob Labick -- CJS Securities -- Analyst Got it. That's great. Thank you. And then obviously you guys were all digital going into the pandemic, but it's still is a largely disruptive event for everyone. Can you talk about some of the biggest changes you've made to the business model as a result and where that positions you going forward? Jeffrey Liaw -- President Yes, I think we have the good benefit Bob in some respects of having been wired for disruptions like this even before we could expect them, meaning we have been an online-only auction platform as you know since 2003. So we didn't have to figure it out on the fly. We have been a global online auction house for literally decades. So that's been the single biggest help during the pandemic. Otherwise, we certainly had to make real-time accommodations to a number of our customers who have their own evolving workflows that now they now wish to send fewer people to physical locations and so forth. So we have to find a way to accommodate that work flow and some mix of -- through some mix of business process and technology deployments on our part to keep our own people safe and to reduce density in our facilities and we deployed tools that help our members, our employees and our sellers reduce congestion, so they can go to the facilities at the right times and wait in their cars instead of coming into the facility and waiting in line physically. We certainly had to accommodate work-from-home arrangements for folks who have been quarantined, exposed or in high case count areas where the restrictions are more severe, but by and large we have I'd say much more business as usual in actual practice than not in parts because we had already been a digital business beforehand. Bob Labick -- CJS Securities -- Analyst Okay, got it. And then last one from me, I'll get back in queue, and I know you guys are always looking out 3, 5, 10 years in your planning, I was wondering if you could share with us the biggest changes and opportunities you see domestically and internationally over the next 3, 5 or 10 years? Jeffrey Liaw -- President Incredibly open ended question and probably a longer discussion than we can handle today, but we're certainly excited about our core business being the -- I think you were citing our incumbent market specifically, but in the U.S., I think we believe that that rising total loss frequency is a huge opportunity for us, not just as the passive beneficiaries of it, but because we affect those results to some extent through our auction technology, our member recruitment, building that global liquidity base is everything and as we drive returns upwards, we can for our customers continue to achieve better returns and therefore earn the right to sell still more of those cars. So bringing us back to the total loss frequency thesis you described a moment ago. Therefore, also, we can continue to grow our business in the non-insurance realms as well including among automotive dealers as our auction values rise, as our liquidity grows and builds upon itself, we are the right outlet for ever more whole cars as well and that also is a large and substantial opportunity for us here in the U.S. Bob Labick -- CJS Securities -- Analyst Okay, terrific. I will jump back in queue. Thank you. Jeffrey Liaw -- President You're welcome. Operator Thank you. Our next question comes from Stephanie Benjamin with Truist Financial. Please proceed with your question. Stephanie Benjamin -- Truist Financial -- Analyst Hi, good afternoon. Jeffrey Liaw -- President Hey Stephanie. Stephanie Benjamin -- Truist Financial -- Analyst Jeff, you made an interesting comment, I don't think it's particularly unique, but you called out that your buyers are now buying at a greater rate than pre-COVID levels. Just given what we have seen with ASPs, I'd love to hear your thoughts on why you think the buyer base as being a little bit more active. I know you've made a lot of strides in building and expanding the buyer base, but the frequency is an interesting dynamic as well. So would love to hear your thoughts. Thanks. Jeffrey Liaw -- President Sure, the observation was more a part that in the height of the pandemic, which I think of as the or the pandemic uncertainty perhaps the spring and summer of 2020 [Phonetic] and also compounded then by many of our buyer currencies having relative to the U.S. dollar. We've seen, and these are all in small percentage point changes, definitely to be fair, these aren't -- these aren't titanic shifts of any sort, but we've seen their buying power compressed by virtue of their currencies. Now sitting here in after this quarter, we've now seen international buyers purchasing the most cars on a percentage basis relative to our total units sold that they have bought since pre-pandemic levels. So I think it's a reflection of ongoing demand more the 40 year trends, more that our wrecked cars are incredibly valuable as drivable cars to many other countries around the world. So I think that's really the phenomenon as you note supported by our marketing and technology efforts to build upon that buyer base. Stephanie Benjamin -- Truist Financial -- Analyst Great, thank you. And then I was wondering if you could just provide a little bit of an update on your efforts to build out your presence in Germany? Jeffrey Liaw -- President Sure. In Germany, I think, the economic thesis, which we described at great length in a couple of calls in 2019 or fiscal 2019, so certainly we would direct others to go there. I know you've read it carefully, but the underlying thesis is that the status quo today is a disservice to insurance carriers and to their policyholders both in economic terms and experiential ones and that the Copart auction model, which we have deployed, as you know, at great scale in the U.S., U.K., Canada, Brazil and elsewhere generates better economic outcomes for everyone involved and better experiential outcomes as well. Our experience there, including during the pandemic, has done nothing but reinforce that. We are, as noted a few calls ago, we are selling consigned vehicles on behalf of a number of the top insurance carriers in Germany. We are continuing to invest in our technology, our land, our people, our marketing efforts. Ultimately, we think it is our business process, our global buyer base, and our technology which will ultimately allow us to prevail. We have the roles [Phonetic]. We are incredibly excited. We are incredibly excited as you might imagine the pandemic itself is an interesting catalyst. It shakes up the status quo to some extent, but in other respects, it also can arrest meetings that otherwise might have happened in working sessions and so forth with insurance carriers, but the underlying thesis is as strong as ever. Our auction results there continue to demonstrate a superior outcome relative to the status quo, which ultimately benefits the insurance carriers and benefits the policyholders as well because they don't have an owner-retained wrecked vehicle and ultimately, because this will drive insurance rates down as well. Stephanie Benjamin -- Truist Financial -- Analyst Great, thank you so much. Jeffrey Liaw -- President Thanks, Stephanie. Operator Thank you. Our next question comes from Craig Kennison with Baird. Please proceed with your question. Craig Kennison -- Baird -- Analyst Good morning, Jeff and John. Thanks for taking my questions. I wanted to take another crack at deconstructing ARPU trends over the last several years really. To what extent is the higher ARPU due to services that you didn't even offer five years ago? I'm thinking like loan payoff or other fee-for-service opportunities that are available on the platform that maybe just weren't available five years ago? Jeffrey Liaw -- President Craig, clarifying question, the ARPU, what's your arithmetic? Craig Kennison -- Baird -- Analyst Well, I'm just thinking, I mean, you've got a big trend, obviously, a big movement in your average selling price and overall revenue per unit, which I can't remember the number you cited on the call, but obviously, this quarter was up a lot. We know that there are several factors driving it and I'm trying to just get a -- probe really one issue, which is maybe you're offering features and capabilities today that you didn't offer in the past and that would partially explain the growth in that metric? Jeffrey Liaw -- President It does partially, but only partially. So a minority of that would be explained by additional services. We do think we offer the best suite of seller services in the business, including the loan payoff tool you mentioned a moment ago various title services and the like, but the majority of what I think you're calling ARPU growth, which is the comparison of our revenue change relative to our units sold change, there is some principal mix in there as well. So the principal mix can throw that math off in ways that overstate its economic importance, as you know, but that aside, it is principally driven by strong auction returns, which then in turn, of course, generates higher revenue to Copart as well. Craig Kennison -- Baird -- Analyst Okay, thanks. And then maybe somewhat related, but it goes to the platform itself. I'm just -- you've continued to innovate this platform, but you don't like to talk as much about that innovation. I'd be curious to know what you achieved in 2020 that -- what features did you develop in 2020 that your buyers or sellers embraced and I'm just thinking about the tools that build confidence in the buyer, especially whether it's pictures, sounds, facts or like inspection services. I'm just looking to learn more about innovation in 2020. Jeffrey Liaw -- President I think as you might well know, Craig, I think we are quite delighted to invest aggressively in innovation and to talk about it at great length, but principally with the actual audiences themselves, with the sellers and the members alike but when it comes to building member confidence, to us, it is a matter of reducing friction as well. So ensuring a seamless auction platform participation for those buyers whether it's from their desktop or from their phones, increasingly, we are mobile-first as they are as well. So ensuring the frictionless experience for them in purchasing cars, paying for cars, registering as a member, etc. There are dozen scores of individual innovations that I won't cite in great detail here, the audience, but the principle of it is that we want excellent visibility, excellent transparency, and a frictionless experience from both the member and the seller side as well. Craig Kennison -- Baird -- Analyst Got it. Thank you. Jeffrey Liaw -- President Thanks, Craig. Operator Thank you. Our next question comes from Bret Jordan with Jefferies. Please proceed with your question. Bret Jordan -- Jefferies -- Analyst Hey, good morning guys. Jeffrey Liaw -- President Hi, Bret. Bret Jordan -- Jefferies -- Analyst When you think about the dealer cars, I mean, still growing pretty significantly. How are they impacting ASPs? I would imagine -- or maybe you could give us some ideas as sort of the average value of the dealer cars? And at what point does the dealer mix become large enough that it starts to support the ASP average by itself? Jeffrey Liaw -- President Yes, I think it's a good question and one reason we went ahead and proactively disclosed, because I think the intuition is fair that if dealer volume is up 10% year-over-year and the ASPs are higher than those of your insurance cars, to what extent is it contributing to ASP growth? And the answer is, yes, it contributes, but it's offset by other mix effects as well. So that U.S. insurance ASPs are up 36% year-over-year, right? So, it is not, by and large, the story for ASP change year-over-year for this quarter. Over time, it certainly could have that effect as well. As you know, the total of our non-insurance business is in the order of the 20% kind of range. So, it won't. We will still be largely driven by insurance changes for the next x quarters and years, but over time, yes, they will continue to grow that dealer business and it will nudge our ASPs upward as well. Bret Jordan -- Jefferies -- Analyst Okay and then in the past, you've talked about what percentage of IP addresses were either foreign or maybe brokers on behalf of foreign buyers. Could you give us an update on that number or at least maybe some idea what -- an idea maybe what percentage of vehicles sold windup in export now? Jeffrey Liaw -- President Yes and a very fair question. You're describing the methodology, which we changed a few years to go. We used to measure our export solely by registration address, but it became apparent that there were a number of folks who simply register in the U.S., but actually have their principal operations outside or are exporters by trade and so that number, the more inclusive estimate for the share of our cars purchased by non-U.S. buyers is circa 40% or thereabouts. It's an imperfect science. There are international IP addresses that we know are for buyers who intend to export cars. There are international IP addresses that we know are not. They're literally for U.S. buyers who have outsourced or located their purchasing operations outside the U.S. and we purposely exclude them as well. So, the output of that analysis is circa 40% of our units are purchased by those international buyers. Now, I qualify that by saying that 90% plus of our cars have their values affected by international buyers, because they bid on many, many more cars still than they buy. Bret Jordan -- Jefferies -- Analyst Okay, great. Thank you. Jeffrey Liaw -- President Thanks Bret. Operator Thank you. Our next question comes from Daniel Imbro with Stephens Inc. Please proceed with your question. Daniel Imbro -- Stephens Inc. -- Analyst Yeah hey, good morning, guys. Thanks for taking our question. I wanted to start on a bit more of a near-term one before a longer-term question, Jeff. When we look at the volume backdrop near-term, miles driven appear to have stagnated here kind of down 10%-ish, but total loss rates going higher. I guess as we look forward, do you expect the gains we've seen in total loss rate just stay this year? We saw kind of a step function change during into pandemic. Do you think the industry holds on to that? And then related, what is your expectation for miles driven as we look out 12 to 24 months on the U.S. business here? Jeffrey Liaw -- President On the first question, yes, is there some blip at some moment where somehow it is down slightly year-over-year or quarter-over-quarter when it -- suppose that's possible. But when I look at the 40-year trend line, which we mentioned a few moments ago, I think total loss frequency in 19 -- get my date straight, 1980 was 4% or so. And 40 years later, its north of 20%. So, it's a five-fold increase in the past 40 years. I think that's an inexorable march to 30%, 40% and beyond. Whether there are near-term technical blips that caused it to change in a given quarter, I think it's totally plausible, but I think the 40-year trend is unassailable. To your other question about miles driven, unfortunately, I think we see tons of data. So I think since November, we have tons of data. I'm not sure we have tons of incremental insight there beyond what you and others would cite as well in the EIA's data, Google, Apple, INRIX, etc. We study those same trends. And I think underlying them are all the same questions about proliferation of the vaccine, when the kids go back to school, when leisure travel resumes, air travel resumes. I think they are so many variables that are upstream of that question, even driving activity to say nothing of Copart volume, that it's somewhat speculation on our part to give you any kind of number or even a range. That said, I think we are preparing ourselves. And when it comes to our business, investing in technology and in land for ultimate growth environment, I don't know if that's coming in six months or more. That remains to be seen, but I think we are prepared for it. Daniel Imbro -- Stephens Inc. -- Analyst Yes. That's helpful. Moving over to the international operations. I want to dig in, in the U.K., Brazil, Germany, how much are you doing on the non-insurance side over there? I would think with your global buyer base digitally native, you could probably give them a pretty good dealer market over there compared to what they have, but I'm curious how that opportunity looks and how achievable you think that will be? Jeffrey Liaw -- President I think the answer is similar that, in that, where we have very substantial liquidity as we do here in the U.S., Canada, Brazil, U.K., etc. We are, therefore, a very attractive platform for other non-insurance cars as well. So I think your hypothesis is fair and accurate. Daniel Imbro -- Stephens Inc. -- Analyst Got it. And then last one for me. Jeff, you mentioned shipping rates and logistics headwinds are weighing on the international buyer. Is that -- frankly, I think the buyer bears the cost of shipping. So that's just a lack of available shipping containers and then are you guys forecasting that sustains for a while here, or what, kind of, the shipping outlook look like from your standpoint? Jeffrey Liaw -- President Yes, you are correct that the logistics are the responsibility of the buyer. I think the disruptions were more severe, frankly, in the middle of last year than they are now, but that has weighed, to some extent, on those international buyers and the reason for sharing that context is that, against that backdrop, they are now at pre-pandemic levels in terms of the share of cars they are actually purchasing in the international markets. So I anything I can share with you would just be anecdotal, by and large, based on what we've heard from our members. I gather it's a condition today, but not a major one. Daniel Imbro -- Stephens Inc. -- Analyst I appreciate it. Best of luck. Jeffrey Liaw -- President Thank you. Operator Thank you. Our next question comes from Chris Bottiglieri with Exane BNP Paribas. Please proceed with your question. Chris Bottiglieri -- Exane BNP Paribas -- Analyst Hey, guys. Thanks for taking the question. First one is clerical. Did you give the non-insurance mix this quarter for the U.S.? John North -- Chief Financial Officer Sorry, can you repeat that? You broke up a little bit? Chris Bottiglieri -- Exane BNP Paribas -- Analyst Sorry. I'm having connection issues. Did you give a non-insurance mix in the call? John North -- Chief Financial Officer Yes. It's about 20%. Chris Bottiglieri -- Exane BNP Paribas -- Analyst 20%, went down a little bit. Okay. And I guess my question was, so dealer consignment was up more than insurance. It sounds like non-insurance was down a little bit, but what were some of the mitigating factors that hurt the ARPU growth? You talked about mix effects. Just trying to understand the channels that would have been weaker that would have hurt ARPU? Jeffrey Liaw -- President Well, our insurance ASPs are up in ARPU. We're probably completing a few things there, Chris. So if you start -- let's just state ASPs, which are not revenue for us, right? And there, the insurance selling went up 36%. Dealer prices also went up. They didn't go up 36%, right? So that is a quote headwind relative to the overall 36%. That is offset by the mix shift benefits of those dealer cars. We did, as we noted during the prepared remarks, see a decline in sureties and wholesaler volumes to some extent and that is also, frankly, ASP supportive by itself, right, because they are lower-value cars that are declining as a share of the overall mix. John North -- Chief Financial Officer Chris, this is John. Just to jump in. The number was 22% of total volume in the quarter, I said approximately 20%. It's 22%. Chris Bottiglieri -- Exane BNP Paribas -- Analyst Okay, perfect. That actually went up. Okay. That makes sense. And then just a big picture question. From what I could tell, it seems like you took more share in dealer consignment this quarter than last quarter just based on what one of your peers reported yesterday, a few days ago. Is that, what you're seeing? And then two, is there something that COVID that's eroding the barriers to entry in dealer consignment? Is there anything you're doing differently to win more accounts from dealers? Just want to hear your perspective on how you're able to accelerate market share gains in dealer consignment right now? Jeffrey Liaw -- President Give me that first half of the question again, Chris? The second one I got. Chris Bottiglieri -- Exane BNP Paribas -- Analyst Okay. Sorry, I apologize, if I'm breaking up. The snowstorms killed my service. Yes, the first question is, it seems that you're taking share in dealer consignment, right? It looks like relative to last quarter, your share actually accelerated just based on your growth rate and the market growth rate. So just trying to understand if that's what you're seeing from your own data that you're taking share was the first part. Jeffrey Liaw -- President Yes, I think, based on what we can tell from publicly available information for other dealer auction platforms, yes. We are outgrowing other participants in the industry. I would describe our practices during the pandemic as largely a continuation of our trends. We have a terrific internal sales team that pursues those dealers. I think we have benefited from having been this online auction platform, global auction platform forever. So if the right buyer for your car is 10 miles away, he or she will own it. If the right buyer for your car is in Poland or Nigeria, he or she will own it. So that global marketplace, I think, has been our most important tool in our belt, when it comes to winning those dealer accounts. It is not per se a major strategic shift, but because we we're online throughout, there are certainly other participants in the industry who are more accustomed to physical auctions or hybrid auctions, etc and we have been certainly relatively less disrupted than some of them. Chris Bottiglieri -- Exane BNP Paribas -- Analyst Got you. Makes sense. Thank you. Operator Thank you. Our next question comes from Gary Prestopino with Barrington Research. Please proceed with your question. Gary Prestopino -- Barrington Research -- Analyst Hey, good morning all. Hey, Jeff, John, what was the U.S. revenue growth and the international revenue growth? I couldn't write that down quick enough. John North -- Chief Financial Officer U.S. service revenue was 4.4% -- sorry, global was 4.4%. U.S. was 4%, and international was 7.2%. Gary Prestopino -- Barrington Research -- Analyst And revenue growth? Yes. Go ahead. John North -- Chief Financial Officer Yes, that was -- Jeffrey Liaw -- President Service. John North -- Chief Financial Officer Service revenue. For purchased vehicles, it's 29.7%. U.S. is 48.3% and international was 7.5%. Gary Prestopino -- Barrington Research -- Analyst Okay, thank you. Just a question on your dealer vehicles, I mean, are you seeing your platform being used moving, I guess, up the value channel? The impression, I always had when this was initially started that you were kind of trying to dis-intermediate maybe the wholesaler that was getting the 12 to 15 year old car off a lot. It seems that as you're gaining share here, are you seeing your platform almost play out to the extent that it's mimicking some of the other online services that are out there on a dealer-to-dealer market basis? Jeffrey Liaw -- President That direct comparison is harder for us to comment on, Gary. I think your general observation is fair, though, that I agree, as our overall pool vehicles evolves over time, if you just took a picture of what a Copart car looked like in 1990 versus what the median Copart car looks like in 2020, the car in 1990 was much more heavily wrecked, physically speaking, right? Cars were more readily repairable than they are today. And today, if a couple of sensors are knocked out, then the cars can be totaled much more readily in part because the returns are better on the back end as well. And therefore, the overall pool of the liquidity has evolved as well. And more and more whole cars are directly addressable by our buyer base as well. So to your overall question, yes, we are being up the value chain. Gary Prestopino -- Barrington Research -- Analyst Okay, thank you. Jeffrey Liaw -- President Thanks, Gary. Operator Thank you. [Operator Instructions] Our next question comes from Ryan Brinkman with J.P. Morgan. Please proceed with your question. Ryan Brinkman -- J.P. Morgan -- Analyst Hi, thanks for taking my questions. I know you've gotten a number already around the non-insurance business. I thought to ask a couple more, including if you're able to say what percent of your non-insurance volume is truly whole car as opposed to, I guess, salvage cars that are sourced outside of insurance companies? And are whole cars more profitable vehicles for you to sell because they transact at higher prices? Is there anything else to think about? Like, for example, on the self-fee side, like if there are smaller dealers selling the vehicles, maybe they don't get the volume discounts that your customers are selling tens of thousands of vehicles do, making it even more profitable. And then just finally, I'm curious, if there are certain parts of the whole car market that you're targeting now such as dealers, but maybe there are other segments or categories of sellers that you've not gotten into yet, which might offer future growth opportunities? Jeffrey Liaw -- President Thanks, Ryan. Insightful questions, some we can address more transparently than others. In short, we certainly believe that the -- as total loss frequency rises, as the character of the vehicles that we sell changes and that pool of liquidity evolves over time, but yes, still more of transacted vehicles become addressable through Copart's platform in short. As for the profitability or the mix thereof, the dealers are not the majority of it, but a very important portion of our non-insurance business, of course, that business is profitable to us. We won't comment on relative fees paid by our customers, in part because the services we provide them also vary greatly as well, but it is a profitable business for us. It is important to us. It also, as I noted in the prepared remarks, also helps us serve insurance customers better as well. They are all mutually supportive of one another because of the liquidity phenomenon. When we win that dealer car, it attracts still more buyers who have been on insurance cars and vice-versa. And so as we total -- as we help insurance carriers total cars that are more and more marginal from their point of view, that also attracts more buyers, which also, therefore, attracts more dealer cars as well as those other sources that you may have in mind. Ryan Brinkman -- J.P. Morgan -- Analyst Okay, very helpful. Thanks. And then, just lastly on the winter weather outside your office window, should investors be thinking about that as a potential tailwind to both revenue and profits or is it more of a surge or cat-type volume that also comes with a higher cost? Jeffrey Liaw -- President It's a fair question. I have to confess despite having grown up here to not have tremendous experience with Texas snowstorms to be fair. So I think we'll see how this unfolds over the course of the next few weeks. Typically, the major challenge in flooding, the major rainstorms and windstorms is that cars are stranded in all kinds of different places that require very urgent pickups. I think in this -- we have seen certainly reduced driving activity. This is pandemic effects turbo charge still in terms of driving activity and such, but we are deploying many of our resources to address this question. Many of our owned, company-owned trucks, are people who are on [Indecipherable] we're deploying as well. So I don't know what the ultimate financial impact will be, but we're, I think, well-prepared to handle it regardless. Ryan Brinkman -- J.P. Morgan -- Analyst Interesting. Thank you. Jeffrey Liaw -- President Thank you. Operator Thank you. There are no further questions at this time. I'd like to turn the floor back over to management for any closing remarks. Jeffrey Liaw -- President Great. Well, thank you for joining us for the second quarter call. We look forward to talking to you in a few months. Thanks, everyone. Operator [Operator Closing Remarks] Duration: 46 minutes Call participants: John North -- Chief Financial Officer Jeffrey Liaw -- President Bob Labick -- CJS Securities -- Analyst Stephanie Benjamin -- Truist Financial -- Analyst Craig Kennison -- Baird -- Analyst Bret Jordan -- Jefferies -- Analyst Daniel Imbro -- Stephens Inc. -- Analyst Chris Bottiglieri -- Exane BNP Paribas -- Analyst Gary Prestopino -- Barrington Research -- Analyst Ryan Brinkman -- J.P. Morgan -- Analyst More CPRT analysis All earnings call transcripts This article is a transcript of this conference call produced for The Motley Fool. While we strive for our Foolish Best, there may be errors, omissions, or inaccuracies in this transcript. As with all our articles, The Motley Fool does not assume any responsibility for your use of this content, and we strongly encourage you to do your own research, including listening to the call yourself and reading the company's SEC filings. Please see our Terms and Conditions for additional details, including our Obligatory Capitalized Disclaimers of Liability. Motley Fool Transcribers has no position in any of the stocks mentioned. The Motley Fool recommends Copart. The Motley Fool has a disclosure policy. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
CPRT,2021-02-22,29.055,29.0575,27.9688,28.1325,
CPRT,2021-02-23,27.8025,27.8025,27.2775,27.8025,
CPRT,2021-02-24,27.49,28.105,27.2138,27.64,
CPRT,2021-02-25,27.4475,27.7725,26.57,26.73,
CPRT,2021-02-26,26.8675,27.5325,26.71,27.29,
CPRT,2021-03-01,27.5225,27.6862,27.1825,27.455,
CPRT,2021-03-02,27.5325,27.695,27.095,27.3925,
CPRT,2021-03-03,27.2,27.3675,26.6975,26.7525,
CPRT,2021-03-04,26.6625,27.0975,25.9725,26.0275,
CPRT,2021-03-05,26.245,26.655,25.48,26.5975,"Copart Enters Oversold Territory (CPRT) Legendary investor Warren Buffett advises to be fearful when others are greedy, and be greedy when others are fearful. One way we can try to measure the level of fear in a given stock is through a technical analysis indicator called the Relative Strength Index, or RSI, which measures momentum on a scale of zero to 100. A stock is considered to be oversold if the RSI reading falls below 30. In trading on Friday, shares of Copart Inc (Symbol: CPRT) entered into oversold territory, hitting an RSI reading of 29.6, after changing hands as low as $101.92 per share. By comparison, the current RSI reading of the S&P 500 ETF (SPY) is 39.2. A bullish investor could look at CPRT's 29.6 RSI reading today as a sign that the recent heavy selling is in the process of exhausting itself, and begin to look for entry point opportunities on the buy side. The chart below shows the one year performance of CPRT shares: Looking at the chart above, CPRT's low point in its 52 week range is $55.69 per share, with $130.96 as the 52 week high point — that compares with a last trade of $102.90. Find out what 9 other oversold stocks you need to know about » The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
CPRT,2021-03-08,26.325,26.83,25.975,25.9975,
CPRT,2021-03-09,26.4725,26.8389,26.2975,26.5775,
CPRT,2021-03-10,26.8873,27.3225,26.8225,27.1675,
CPRT,2021-03-11,27.2625,27.6624,27.2625,27.58,
CPRT,2021-03-12,27.445,27.665,27.1175,27.4875,
CPRT,2021-03-15,27.4675,27.7162,27.38,27.71,
CPRT,2021-03-16,27.985,28.08,27.1625,27.2575,
CPRT,2021-03-17,27.1825,27.76,26.8775,27.6325,
CPRT,2021-03-18,27.2675,27.9,27.175,27.2525,
CPRT,2021-03-19,27.25,27.34,26.4675,26.6488,"Copart Is a Totally Different Kind of Car Stock We all know someone who's had their car totaled. It's no fun, but did you know there are businesses built entirely around buying and selling totaled cars? In this episode of Industry Focus: Energy, Motley Fool contributor Luis Sanchez joins host Nick Sciple to take a look at Copart (NASDAQ: CPRT) and how the automotive auction industry profits from totaled cars. To catch full episodes of all The Motley Fool's free podcasts, check out our podcast center. To get started investing, check out our quick-start guide to investing in stocks. A full transcript follows the video. 10 stocks we like better than Copart When investing geniuses David and Tom Gardner have a stock tip, it can pay to listen. After all, the newsletter they have run for over a decade, Motley Fool Stock Advisor, has tripled the market.* David and Tom just revealed what they believe are the ten best stocks for investors to buy right now... and Copart wasn't one of them! That's right -- they think these 10 stocks are even better buys. See the 10 stocks *Stock Advisor returns as of February 24, 2021 This video was recorded on March 10, 2021. Nick Sciple: ""It's totaled."" Even if you've never been through it yourself, we all know at least one person who has gotten that call from their insurance company. The call that explains that your car costs more to fix than it's worth and that they've decided to pay you a chunk of cash and send you on your way. But that's not the end of the story for your car. What happens to your car after the insurance company hulls it away? I'm Nick Sciple, and this week on Industry Focus, we're taking a look at the business of car auctions to understand how some companies make money selling cars that cost more to fix than they're worth. Here to help me take a look at that is Motley Fool contributor Luis Sanchez. Luis, great to have you back on the podcast. Luis Sanchez: Happy to be back. Sciple: It's a fun topic for us today, What happens to your car after it gets totaled? Before we get into that, Luis, have you ever totaled a car? Have you ever had that phone call: ""Listen, dude. Your car, it's broke, man, it ain't coming back."" Sanchez: Yeah, I had fender benders, I had scratches here and there. It's funny. I live in New York City, I don't even own a car anymore. [laughs] Hard for me to total a car if you don't own a car. Sciple: You and me both. I actually don't own a car anymore, either. I got rid of mine after I moved up to the D.C. area. The car I had owned was a 1997 4Runner I got after I totaled senior year of high school my 2001 Honda Accord. It wasn't my fault, I was driving to school one day, I remember distinctly because we had a field trip to the International Food Festival Day. I had paid my $15 to get out of school for the day and go eat the free international food. I'm on my way to the field trip, this lady in a Suburban, I guess I'm in her blind spot, she decides to change lanes, crunches the car, totals the car, I miss out on the field trip, and I lose my car and I had to go buy the car that I had. I've been through that experience, it throws you for a loop. Luis, high-level, I mentioned the insurance company decides to total your car when it costs more to fix than it's worth. What goes into that calculus for the insurance company? How do they decide, ""Listen, we're not going to bother with this thing."" Sanchez: It's really interesting. I refer to this as the economics of a car crash. There's a lot of factors that go into it, the primary one is what you mentioned up top, which is if it costs more to repair the car than what the car is worth, then it's not worth repairing the car basically. If you need to put more into it than you're going to get out of it, it's not worth it. There's a lot of factors that go into that, but a big one is the used car price index, which is basically a benchmark for what the car could be worth. Sciple: Absolutely. If you look right now, that index is near an all-time high, maybe added buying pressure from the pandemic and things like that. How is that affecting the rate at which cars are being totaled, and I guess the underlying business that goes into this? Sanchez: First, you got to think about why is the used car price index so high? I think that's interesting in and of itself. It does go back to the pandemic. If you recall when the lockdown started, one of the first things that were shut down were the car factories, and so there's been a shortage of cars out there on the road. Compounding that, there's been an increased demand for cars in certain parts of the country as people left the cities and started to adapt to more of a suburban lifestyle. A lot of people are also taking vacations that require driving instead of flying, so there's also been demand for rental cars. It really boils down to supply and demand. Supply is low, demand is high. You don't really think about it on its face, but it actually has a knock-on effect to all the companies that are in that ecosystem. Sciple: Absolutely. I want to go into the companies in that ecosystem that we wanted to talk about today. One of the main ones is Copart. When the insurance company decides they want to auction off your car, Copart assists them with that, ticker CPRT. Well, where does Copart fit into this process? After you total your car, you've decided it costs more to fix that it's worth, what happens to your car after that and where does Copart come into that process? Sanchez: Copart is an industrial marketplace, essentially. Their clients are essentially the guys who are trying to get rid of their cars, so really, insurance companies. There's a few other potential sellers of cars, but insurance companies are the vast majority that take possession of the totaled cars. Essentially, totaled cars get transported to these massive lots that are located outside of major urban areas, and they basically just run an auction, it's done online, it's done in person, and there's all sorts of people who are trying to buy these broken cars. I guess the other question is, who are the buyers and why might they be interested in the car? It's really all sorts of participants. There's a large participation of foreign buyers, it's roughly a quarter of the people who are buying totaled cars. There's an interesting reason for that, because the definition of a totaled car, it could actually be different in the U.S. versus another country. It might actually be more economical for a buyer in another country to buy a broken or totaled car in the U.S., and there might be a lower cost to repair it in that other country, or it might just be harder to buy that brand of car in that other country. There's also what are called dismantlers, who will actually buy the car, sell all the auto parts that still retain value, and then just scrap the car. There could also just be some scrappy repair shops who just know that they could fix the car and sell it for a profit. Sciple: So fundamentally, what Copart is doing is connecting these sellers who have cars they don't want, or insurance companies, with all these different disparate buyers out there in the market who have some interest in these products for whatever reason. Whether it's because you're going to arbitrage repair costs in different countries, or you're searching for some vintage car that only comes up for sale because you get one totaled off the back of a truck, or something like that. Copart really helps connect those buyers and sellers in that market. Where does Copart extract value for themselves from that operation? Sanchez: The primary way they make money is by taking a commission from the auction. It's roughly a 10% commission that they take, and that's based on whatever the car goes for. The really interesting thing about that is, as we mentioned up top, the value of used cars has gone up a lot, and that's actually been a benefit to Copart because they benefit from a higher auction purchase. So their interests are aligned with their customers, I guess you could say. That's the primary way they make money. There's also some ancillary things. They sell access to the data to potential buyers, they sell technology that could be used to bid at the auctions. An example of that could be if you're a foreign buyer and you want to use more-advanced techniques to bid for cars, say you want to have a price monitor, almost like an algorithmic trading bot, they might charge a little bit extra for that. They also do inspection or handling the title, transfer the car. Another thing that's interesting is they have a service that will automatically pay back the car loan once the proceeds have cleared from the sale of the car. They'll help the insurance company automate the process of closing out the car loan and transferring the title. So there are some little ancillary services here and there that they can make some extra money from, but the vast majority of their financials, really, are driven by the proceeds of the sales. Sciple: Absolutely. So it's the more cars that are getting sold off and the higher value of those cars, then the better it is for Copart. I guess part of the driver of that is the rate at which vehicles are being totaled, and that has been somewhat of a tailwind for the business. If you look back over the past 10 years or so, the rate at which cars are being totaled or taking a full loss, that's been a benefit to them. In addition there could be some fluctuations in used car prices. One other thing I wanted to talk about, Luis, this may be interesting, is just the barriers to entry in this market. You'd mentioned having lots all over the country to be able to take this inventory, connecting all these different buyers and sellers. What do you think about the moat that Copart has in the market in which they operate? Sanchez: There's a few sources of a potential moat here. I use that word ""marketplace"" up top. There's a lot of terms that get thrown around, like online marketplaces and flywheels, and this is like an old-school marketplace. They benefit from liquidity. There's a network effect. Buyers pay attention to this auction and they want to come and bid at this auction because they know that there's going to be a good source of cars, and the insurance companies want to take their cars to this auction because they know that there's going to be a lot of bidders and they're going to get the best price. The other thing, too, is that there's geographic monopoly, so just where these lots are located, they're very strategically located outside of metropolitan areas, where there's a lot of car traffic, where there's urban density, and frankly, these lots are huge. So just having the space to hold literally thousands of cars is not nothing. It costs money to set up that lot. I think probably the bigger barrier, really, is any marketplace or auction, it's really tough to get started if you don't already have buyers and sellers. It'd be really, really, really hard for us to set up a Copart competitor tomorrow because who's going to bring us the cars, and how can we assure them that there's going to be enough buyers to sell their cars at competitive prices? Sciple: Absolutely. It's one of those things where once you set up in a geography and up and running and then have these relationships, it's really hard to see why do I need another lot across town? Why do I need two different logistics infrastructures, to think about bringing different things if I'm the insurance company, or anything like that? It's one of these businesses where the physical infrastructure really helps them out. It reminds me of, it's a different business, but Vulcan Materials, they own aggregate, they have locations all over the country, the same type of thing, because of the cost of shipping their stuff, they only need so many in certain locations. When you talk about, Luis, part of the driver of the business for Copart, you need totaled cars to go to auction. A lot of people will talk about this rise of autonomous vehicles, improved safety technology in vehicles, and the idea that maybe sometime in the future we have far fewer accidents, far fewer fatalities, those sorts of things. What do you think about that risk for Copart's business? Sanchez: Cars are getting safer, and that's great for everyone. But the reality is that we're still going to have accidents, even if cars are safer. There's a couple of long-term trends that are actually working in our favor. The biggest one is really just that the population is growing and there's more people driving. The total miles driven in the U.S. and around the world has steadily gone up every year, about like 1% to 2% per year. Just logically, the more cars that are on the road, the absolute number of accidents is going to be higher. The other interesting thing that actually specifically relates to autonomous and electric cars is that as you put more technology into the car, it makes it harder to repair the car. It makes it more expensive to repair the car. The parts in the car are worth a lot more money, so there's an increasing rate of totaled cars. If you go back to the 1980s, and you look at the car crashes that happened in literally, like 1980, only about 5% of cars that were in a car crash in 1980 were considered total. Fast-forward 40 years, and now, more than 20% of cars that are involved in accidents are totaled, and it's because of that gap between the value of the car and the cost to repair it. I don't know if you have any insight into this, but I've heard that repairing a Tesla is [laughs] extremely expensive. It's probably more expensive than repairing a Camry that you can probably source at a local mom-and-pop repair shop. Sciple: Yeah, certainly. There's puts and takes with Tesla because they run all their own service operations and make all their own parts and all those sorts of things. But certainly, as you put more tech in a vehicle, it stands to reason that the cost of repair goes up. Just an example to think about: We're entering this world where many more cars are going to have a standard feature similar to Tesla Autopilot, so advanced driver assistance systems for the highway and that sort of thing. Part of that is that you see lots of automakers putting things like cameras, and radars, and lidars in their bumpers and all around the car. It turns from a fender bender that damaged a cheap piece of plastic to a fender bender that damaged a cheap piece of plastic with lidar and cameras and radar embedded in it. Of course, auto companies are going to take steps to protect that type of technology, but again, that technology is sensitive and mistakes still happen. I think one other thing to think about as well is, as autonomous technologies rollout, one of the first places they're going to be rolling out is to places like highways, so Tesla Autopilot highway, GM Super Cruise highway. Now, Tesla is trying to push out into some other areas, but predominantly, guided for use on the highway. Most accidents, the highway is much safer than the traditional surface streets. It makes sense; they were designed that way. You don't get a curve over a certain gradient, you never make an unprotected left turn, all those sorts of things. I think there's an argument you made that in the near term, as some of these autonomous technologies roll out and their use case is applied in some of these areas that are already pretty safe, that on a margin, you see some net effects of total loss going up, because people are still driving and making those same mistakes when they turn left in the intersection or what have you. Now, there is going to be a certain point you would think where crashes go down enough across the board that it impacts somebody like Copart, but I would say that in the near term, there may actually be a little bit of a tailwind to go off with what Luis just said about we're on this long-term trend toward higher total-loss rates for vehicles, and with more tech going into the vehicle, I don't think that's going to turn in reverse in the super near term, like next five years. Sanchez: Right. If you look at the data back 30-40 years ago, the rate of fatality in a car crash was like 3 times, 4 times what it is today. If you look at just the past 10 years, we've started to have some of these safety technologies. The rate of accidents doesn't go down every year. I think it's been pretty flat over the last few years. Maybe on the margin, as autonomous vehicles come on line, like you said, it does get lower, but this is already a headwind that the company has theoretically been facing for a long time. There's actually some tailwinds to that, because now you have this whole issue of distracted drivers. Potentially, they're using a Tesla Autopilot, but they're misusing it because they are doing their makeup, or watching Netflix on their phone because they think the car is going to keep them safe, when as we just learned, Tesla is only a level 2 autonomous-driving car at this point. Then, the other factor, too, is just that it's going to take probably a couple of decades once we have the technology to fully replace the fleet that's currently out in the world of driving. Sciple: Absolutely. I think it's something to monitor, but at least the current trajectory of what it looks like the technology is playing out, I don't think it's something that's thesis breaking for the company. I still think there's opportunities in the future for Copart. I want to talk briefly, in addition about some of these other companies in the industry, Copart isn't the only operator in this car auction subsector. What are some other companies that we should be paying attention to, and how do they compare to what Copart is doing? Sanchez: For sure. So, Copart is like a 300-pound gorilla. They have +50% market share in this industry, which is great. That's one of the reasons why it's been such a fantastic business. It's really been a duopoly though. There's this other company called IAA, which is a little bit smaller. They have somewhere between 30% or 40% market share, so it's actually still very sizable. It's really just been a duopoly between Copart and IAA. IAA, two-years ago, spun off of KAR, which is KAR Auction Services, which is another car auction company that we could talk about in a minute. But basically, IAA is like a mini-Copart. The way that I would frame the difference between IAA and Copart other than just sheer scale, is that Copart has been more on the leading edge of technology. Copart, heading into this pandemic, one thing that has really helped Copart is they were already fully online with virtual bidding and virtual auctions, whereas IAA wasn't fully online at the start of the pandemic, so they probably lost a little bit of market share this past year. But now, going through the pandemic, they certainly got to 100% online. The other thing that's interesting about IAA and Copart is Copart is also an international business. Copart has really been growing in international locations; IAA is primarily in North America, although if you look at their recent earnings calls, and management statements, IAA is basically looking at Copart, and they're following the Copart playbook. So now, IAA, they're aggressively going into international markets, they're aggressively investing in technology, and they're aggressively putting into place the best practices that Copart has operated with and just trying to close the gap. I think that's actually a really interesting story. If you like this industry, and maybe you think Copart is too expensive, maybe take a look at IAA, and that's more of a discounted way to play the theme. Sciple: So, would you say that IAA is like the Lowe's to Copart's Home Depot, or the Pepsi to Copart's Coke [Coca-Cola] in this situation? Sanchez: Yeah. It's the No. 2, it's the underdog. It also operates at half of the profit margin as Copart. There's a potential investment story there, if you think that IAA can execute on this plan to raise their margin and grow internationally. Potentially, IAA can push through a lot of, actually, a higher rate of earnings growth than Copart. It also trades at a very slight discount to Copart. So that's why I think that IAA is very analogous to Copart and it's potentially an interesting investment if you like Copart. Sciple: Absolutely. So the question is: Is there enough of an execution difference between the businesses to justify that difference in valuation? Because if IAA can execute, the room to improve gives them a lot more upside relative to Copart, which was already executing well. Sanchez: I think what a lot of people would say is, Copart's already generating a good amount of earnings growth and it's not too crazy. The valuation isn't too crazy and Copart's definitely rich, so going with Copart is like going with the best-of-breed, lower execution risk, kind of way to play the sector, where IAA is like the higher risk, but probably higher reward if they do a good job. Sciple: Absolutely, yeah. Lowe's and Home Depot just keeps ringing in my head as you make that comparison there. One other company we did mention, maybe we can talk about briefly, are KAR Auction Services, ticker KAR, and they are in a little bit different niche relative to what IAA and Copart are doing. Sanchez: For sure. So, KAR Auction Services, you mentioned the ticker, KAR. They are in what's called a whole car auction, so that's nontotaled cars. It's really just used car auctions. The way to think about where they sit is, they source inventory from all sorts of interesting channels. So, when rental car fleets turn over, when rental cars want to replace their used cars with brand-new cars, they'll take it to auction through KAR. Or when people who are leasing cars abandon their leases, assuming the cars are still in good condition, they'll offload to KAR. Or charity auctions, people who donate their old used cars to charities. Then, what KAR really does is they're a B2B business. Basically, the people who are buying on the car auctions are primarily used car dealerships who will then sell to a retail channel. There's also some individual buyers who will also shop on KAR. But it's really a B2B business. I'd say there's really interesting differences, though, between the total-car auction market and the whole-car market. Namely, it's that this is a more competitive channel because there's just a lot more places to source used cars, right? eBay, Craigslist being one. Some used car dealerships will actually buy used cars from other dealerships, right? There's other B2B used car channels, it's not just the auction. You can do private brokerage or just direct. That's on the demand side. On the supply side, the inventory is less guaranteed. I think that's really the story of the last year with KAR is, they've really suffered from the shortage of used cars. So because there haven't been new cars to purchase, rental car fleets aren't getting rid of their existing fleet. Because the price of a used car has gone up so much, this is actually a really interesting situation where people who are sitting on leased cars, they're not abandoning the lease. They are actually buying the cars because the price of the buyout option is set at the beginning of the lease. So there's a little bit of an arbitrage now that used car prices have gone up so much. Yes, KAR has actually suffered and they've actually seen their revenue decline quite a bit in the last year as a result of these factors. They also did get squeezed, to the extent that KAR needs to buy inventory, they're going to have to pay the higher price for those used cars. Sciple: Absolutely. So they may have been a little bit more victim of what has gone on over the past year, whereas if you look at Copart reporting record numbers across the board in the most recent quarter, they've been a beneficiary in this way. Do you see KAR as being a potential reopening play? People are going to start traveling again, getting rental cars when they go to Hawaii and places like that. Do you see this as a business that could potentially benefit from a recovery? Sanchez: Absolutely. I think KAR, of all these three companies I've mentioned, I think KAR is probably going to benefit the most from a recovery. But what you would need to see for them to really benefit from a recovery is some kind of normalization of the value of used cars, the used car index. It's also interesting to think about whether Copart or IAA are reopening plays because that's actually really hard to know. The answer is yes or no. Because Copart and IAA have seen their volume of cars sold decline, but they've seen the value go up. So if we get into a situation where the volumes of used cars go up, but the prices of the used cars also remains higher elevated, then IAA and Copart can continue to benefit. But we could also see the opposite, like what happens if the value of used cars goes down? Well, that might become a headwind and that might potentially benefit KAR. KAR also, the way they make money is a little bit different from Copart and IAA, which is also worth mentioning. KAR makes about half of their money from, half of their revenue from auction proceeds. But the majority of KARS' earnings are actually from the ancillary services that they provide. More than a third of KARS' earnings are actually from financing. So they're really involved in helping people complete that purchase. That's actually really KARS' competitive advantage. They're basically financing these used car dealerships, they're financing the floors. In a lot of cases, that's the reason why used car dealerships are doing business with KAR because not only can they source the inventory, but they can finance it at a reasonable rate. Sciple: Absolutely. So the relationships, it sounds like in this business, are very different when you're talking about the customers that you're working with. Because those customers have different needs, different services are offered. Sanchez: A really interesting part of the story too is Carvana and CarMax and some of these other high-flyer used car companies like Vroom, and I think there's a few others. They're actually some of KAR's biggest customers. The primary way that Carvana is sourcing its cars is actually from these whole-car auctions. That actually is a really interesting part of the story because Carvana is having to pay the higher prices for used cars because the used car index has gone up so much, and one of the things that Carvana and some of these other companies are doing is they're trying to get more trade-in business so that people trade in their existing cars so that they can kind of get more beneficial pricing. That's a whole. Sciple: Luis, when you talk about that relationship with Carvana, do you see that as an opportunity or threat? Obviously, a potential customer to sell the product to, but as Carvana gets more involved in this trade-in business, then they are a threat to their sourcing, right? I mean, to their supply. Sanchez: The word that comes to mind is frenemy. They're one of the biggest customers, but at the same time, Carvana wants to lower its cost as much as possible, and part of Carvana lowering its cost is not paying car auctions' markup and not paying the auction fees. If Carvana can just get everyone to do trade-ins, that actually is a very proprietary way for Carvana to source inventory and actually can give Carvana a competitive advantage over a CarMax or another e-commerce player. Sciple: Yes. Something to watch there. We'll add Carvana to the list for a future podcast, because I'm sure we could do a good half-hour on that one alone. But as we wrap up this show on the car auction business, as you think about these three companies we talked about today, so Copart, IAA, and KAR Auction Services, K-A-R, which company gets you most excited today and why? Sanchez: For sure. Yeah, I think I laid out that thesis for IAA. If I was going to make a position in this group of companies, that's probably the one that I would start with because if you believe that they can basically replicate the Copart model, and IAA has been a fine business. It's not quite operating at the level of Copart's margins and hasn't quite generated the same level of revenue growth as Copart. But a lot of that probably stems from the fact that it was a part of KAR as of three years ago and it didn't have full control over its destiny. Now that IAA is out on its own, there is this thought that it can potentially execute better because it's more focused. So I think that's a really interesting story. But again, I think it's a higher risk, higher reward situation, where if I was just really more focused on just getting exposure to this theme because I like the idea, it's a fairly counter-cyclical or encyclical business, just the way that the different forces balance out against each other. Right now, as we said, we're in this part of the cycle where the value of used cars is really high, but the number of used cars is low. The interesting relationship between that is, when the value of used cars is lower, you're going to see a lot more cars coming to market because more cars are going to be considered totaled. It's a really interesting dynamic that makes us a very stable industry as long as you don't believe that autonomous cars and self-driving cars are going to completely disrupt the concept of people getting into car accidents, which I think that certainly is something on the margin that matters, but I think that requires a leap of faith to believe. Sciple: Right. Fundamentally, if you think people are going to keep making mistakes behind the wheel of a car and we're not going to solve those with technology in the immediate near term, these companies continue to have a role and arguably could have a bigger role in the future. Sanchez: Absolutely. Sciple: All right, Luis, as always, love having you on the podcast. Can't wait to have you on again in the future. Sanchez: Thanks, Nick. I had fun. Sciple: As always, people on the program may own companies discussed on the show and The Motley Fool may have formal recommendations for or against the stocks discussed, so don't buy or sell anything based solely on what you hear. Thanks to Tim Sparks for mixing this show, for Luis Sanchez, I'm Nick Sciple. Thanks for listening and Fool on! Luis Sanchez CFA has no position in any of the stocks mentioned. Nick Sciple owns shares of Home Depot. The Motley Fool owns shares of and recommends Home Depot and Tesla. The Motley Fool recommends CarMax, Copart, eBay, and Lowes. The Motley Fool has a disclosure policy. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
CPRT,2021-03-22,26.6,27.5362,26.585,27.4475,"First Week of November 19th Options Trading For Copart (CPRT) Investors in Copart Inc (Symbol: CPRT) saw new options become available this week, for the November 19th expiration. One of the key data points that goes into the price an option buyer is willing to pay, is the time value, so with 242 days until expiration the newly available contracts represent a possible opportunity for sellers of puts or calls to achieve a higher premium than would be available for the contracts with a closer expiration. At Stock Options Channel, our YieldBoost formula has looked up and down the CPRT options chain for the new November 19th contracts and identified one put and one call contract of particular interest. The put contract at the $80.00 strike price has a current bid of $2.10. If an investor was to sell-to-open that put contract, they are committing to purchase the stock at $80.00, but will also collect the premium, putting the cost basis of the shares at $77.90 (before broker commissions). To an investor already interested in purchasing shares of CPRT, that could represent an attractive alternative to paying $108.76/share today. Because the $80.00 strike represents an approximate 26% discount to the current trading price of the stock (in other words it is out-of-the-money by that percentage), there is also the possibility that the put contract would expire worthless. The current analytical data (including greeks and implied greeks) suggest the current odds of that happening are 88%. Stock Options Channel will track those odds over time to see how they change, publishing a chart of those numbers on our website under the contract detail page for this contract. Should the contract expire worthless, the premium would represent a 2.63% return on the cash commitment, or 3.96% annualized — at Stock Options Channel we call this the YieldBoost. Below is a chart showing the trailing twelve month trading history for Copart Inc, and highlighting in green where the $80.00 strike is located relative to that history: Turning to the calls side of the option chain, the call contract at the $110.00 strike price has a current bid of $9.90. If an investor was to purchase shares of CPRT stock at the current price level of $108.76/share, and then sell-to-open that call contract as a ""covered call,"" they are committing to sell the stock at $110.00. Considering the call seller will also collect the premium, that would drive a total return (excluding dividends, if any) of 10.24% if the stock gets called away at the November 19th expiration (before broker commissions). Of course, a lot of upside could potentially be left on the table if CPRT shares really soar, which is why looking at the trailing twelve month trading history for Copart Inc, as well as studying the business fundamentals becomes important. Below is a chart showing CPRT's trailing twelve month trading history, with the $110.00 strike highlighted in red: Considering the fact that the $110.00 strike represents an approximate 1% premium to the current trading price of the stock (in other words it is out-of-the-money by that percentage), there is also the possibility that the covered call contract would expire worthless, in which case the investor would keep both their shares of stock and the premium collected. The current analytical data (including greeks and implied greeks) suggest the current odds of that happening are 45%. On our website under the contract detail page for this contract, Stock Options Channel will track those odds over time to see how they change and publish a chart of those numbers (the trading history of the option contract will also be charted). Should the covered call contract expire worthless, the premium would represent a 9.10% boost of extra return to the investor, or 13.73% annualized, which we refer to as the YieldBoost. The implied volatility in the put contract example is 43%, while the implied volatility in the call contract example is 35%. Meanwhile, we calculate the actual trailing twelve month volatility (considering the last 251 trading day closing values as well as today's price of $108.76) to be 33%. For more put and call options contract ideas worth looking at, visit StockOptionsChannel.com. Top YieldBoost Calls of the Nasdaq 100 » The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
CPRT,2021-03-23,27.24,27.625,26.7875,26.8475,
CPRT,2021-03-24,27.0525,27.0875,26.47,26.475,"Interesting CPRT Put And Call Options For August 20th Investors in Copart Inc (Symbol: CPRT) saw new options begin trading this week, for the August 20th expiration. One of the key data points that goes into the price an option buyer is willing to pay, is the time value, so with 149 days until expiration the newly trading contracts represent a possible opportunity for sellers of puts or calls to achieve a higher premium than would be available for the contracts with a closer expiration. At Stock Options Channel, our YieldBoost formula has looked up and down the CPRT options chain for the new August 20th contracts and identified one put and one call contract of particular interest. The put contract at the $100.00 strike price has a current bid of $5.10. If an investor was to sell-to-open that put contract, they are committing to purchase the stock at $100.00, but will also collect the premium, putting the cost basis of the shares at $94.90 (before broker commissions). To an investor already interested in purchasing shares of CPRT, that could represent an attractive alternative to paying $106.90/share today. Because the $100.00 strike represents an approximate 6% discount to the current trading price of the stock (in other words it is out-of-the-money by that percentage), there is also the possibility that the put contract would expire worthless. The current analytical data (including greeks and implied greeks) suggest the current odds of that happening are 66%. Stock Options Channel will track those odds over time to see how they change, publishing a chart of those numbers on our website under the contract detail page for this contract. Should the contract expire worthless, the premium would represent a 5.10% return on the cash commitment, or 12.49% annualized — at Stock Options Channel we call this the YieldBoost. Below is a chart showing the trailing twelve month trading history for Copart Inc, and highlighting in green where the $100.00 strike is located relative to that history: Turning to the calls side of the option chain, the call contract at the $110.00 strike price has a current bid of $6.70. If an investor was to purchase shares of CPRT stock at the current price level of $106.90/share, and then sell-to-open that call contract as a ""covered call,"" they are committing to sell the stock at $110.00. Considering the call seller will also collect the premium, that would drive a total return (excluding dividends, if any) of 9.17% if the stock gets called away at the August 20th expiration (before broker commissions). Of course, a lot of upside could potentially be left on the table if CPRT shares really soar, which is why looking at the trailing twelve month trading history for Copart Inc, as well as studying the business fundamentals becomes important. Below is a chart showing CPRT's trailing twelve month trading history, with the $110.00 strike highlighted in red: Considering the fact that the $110.00 strike represents an approximate 3% premium to the current trading price of the stock (in other words it is out-of-the-money by that percentage), there is also the possibility that the covered call contract would expire worthless, in which case the investor would keep both their shares of stock and the premium collected. The current analytical data (including greeks and implied greeks) suggest the current odds of that happening are 50%. On our website under the contract detail page for this contract, Stock Options Channel will track those odds over time to see how they change and publish a chart of those numbers (the trading history of the option contract will also be charted). Should the covered call contract expire worthless, the premium would represent a 6.27% boost of extra return to the investor, or 15.35% annualized, which we refer to as the YieldBoost. The implied volatility in the put contract example is 34%, while the implied volatility in the call contract example is 37%. Meanwhile, we calculate the actual trailing twelve month volatility (considering the last 252 trading day closing values as well as today's price of $106.90) to be 33%. For more put and call options contract ideas worth looking at, visit StockOptionsChannel.com. Top YieldBoost Calls of the Nasdaq 100 » The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
CPRT,2021-03-25,26.5175,26.5812,26.0212,26.3775,"Interesting CPRT Put And Call Options For May 21st Investors in Copart Inc (Symbol: CPRT) saw new options begin trading this week, for the May 21st expiration. At Stock Options Channel, our YieldBoost formula has looked up and down the CPRT options chain for the new May 21st contracts and identified one put and one call contract of particular interest. The put contract at the $100.00 strike price has a current bid of $2.75. If an investor was to sell-to-open that put contract, they are committing to purchase the stock at $100.00, but will also collect the premium, putting the cost basis of the shares at $97.25 (before broker commissions). To an investor already interested in purchasing shares of CPRT, that could represent an attractive alternative to paying $105.02/share today. Because the $100.00 strike represents an approximate 5% discount to the current trading price of the stock (in other words it is out-of-the-money by that percentage), there is also the possibility that the put contract would expire worthless. The current analytical data (including greeks and implied greeks) suggest the current odds of that happening are 67%. Stock Options Channel will track those odds over time to see how they change, publishing a chart of those numbers on our website under the contract detail page for this contract. Should the contract expire worthless, the premium would represent a 2.75% return on the cash commitment, or 17.61% annualized — at Stock Options Channel we call this the YieldBoost. Below is a chart showing the trailing twelve month trading history for Copart Inc, and highlighting in green where the $100.00 strike is located relative to that history: Turning to the calls side of the option chain, the call contract at the $115.00 strike price has a current bid of $1.45. If an investor was to purchase shares of CPRT stock at the current price level of $105.02/share, and then sell-to-open that call contract as a ""covered call,"" they are committing to sell the stock at $115.00. Considering the call seller will also collect the premium, that would drive a total return (excluding dividends, if any) of 10.88% if the stock gets called away at the May 21st expiration (before broker commissions). Of course, a lot of upside could potentially be left on the table if CPRT shares really soar, which is why looking at the trailing twelve month trading history for Copart Inc, as well as studying the business fundamentals becomes important. Below is a chart showing CPRT's trailing twelve month trading history, with the $115.00 strike highlighted in red: Considering the fact that the $115.00 strike represents an approximate 10% premium to the current trading price of the stock (in other words it is out-of-the-money by that percentage), there is also the possibility that the covered call contract would expire worthless, in which case the investor would keep both their shares of stock and the premium collected. The current analytical data (including greeks and implied greeks) suggest the current odds of that happening are 73%. On our website under the contract detail page for this contract, Stock Options Channel will track those odds over time to see how they change and publish a chart of those numbers (the trading history of the option contract will also be charted). Should the covered call contract expire worthless, the premium would represent a 1.38% boost of extra return to the investor, or 8.84% annualized, which we refer to as the YieldBoost. The implied volatility in the put contract example is 40%, while the implied volatility in the call contract example is 33%. Meanwhile, we calculate the actual trailing twelve month volatility (considering the last 252 trading day closing values as well as today's price of $105.02) to be 33%. For more put and call options contract ideas worth looking at, visit StockOptionsChannel.com. Top YieldBoost Calls of the Nasdaq 100 » The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
CPRT,2021-03-26,26.1875,26.8925,26.1875,26.8575,"Copart (CPRT) Shares Cross Above 200 DMA In trading on Friday, shares of Copart Inc (Symbol: CPRT) crossed above their 200 day moving average of $106.89, changing hands as high as $107.32 per share. Copart Inc shares are currently trading up about 1.6% on the day. The chart below shows the one year performance of CPRT shares, versus its 200 day moving average: Looking at the chart above, CPRT's low point in its 52 week range is $61.51 per share, with $130.96 as the 52 week high point — that compares with a last trade of $107.43. The CPRT DMA information above was sourced from TechnicalAnalysisChannel.com Free Report: Top 7%+ Dividends (paid monthly) Click here to find out which 9 other stocks recently crossed above their 200 day moving average » The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
CPRT,2021-03-29,26.8725,26.9975,26.3385,26.53,"[""How IAA Competes with Copart Copart (NASDAQ: CPRT) may be the 300-pound gorilla in the auction market for totaled cars, but IAA (NYSE: IAA) is a fierce competitor and is now publicly traded after being spun out of KAR Auction Services (NYSE: KAR). IAA is relatively underrated compared to Copart. Could IAA be a better investment? In this Motley Fool Live video from the Industry Focus podcast recorded on March 11, Motley Fool contributor Luis Sanchez and Industry Focus host Nick Sciple discuss KAR Auction Services, Copart, IAA, and the market for used cars. 10 stocks we like better than Copart When investing geniuses David and Tom Gardner have a stock tip, it can pay to listen. After all, the newsletter they have run for over a decade, Motley Fool Stock Advisor, has tripled the market.* David and Tom just revealed what they believe are the ten best stocks for investors to buy right now... and Copart wasn't one of them! That's right -- they think these 10 stocks are even better buys. See the 10 stocks *Stock Advisor returns as of February 24, 2021 Nick Sciple: I want to talk briefly, in addition about some of these other companies in the industry, Copart isn't the only operator in this car auction subsector. What are some other companies that we should be paying attention to, and how do they compare to what Copart is doing? Luis Sanchez: For sure. So Copart is like a 300-pound gorilla. They have 50 plus percent market share in this industry, which is great. That's one of the reasons why it's been such a fantastic business. It's really been a duopoly though. There's this other company called IAA, which is a little bit smaller. They have somewhere between 30 or 40 percent market share, so it's actually still very sizable. It's really just been a duopoly between Copart and IAA. IAA, two-years ago, spun off of KAR, which is KAR Auction Services, which is another car auction company that we could talk about in a minute. But basically, IAA is like a mini Copart. The way that I would frame the difference between IAA and Copart other than just sheer scale, is that Copart has been more on the leading edge of technology. Copart, heading into this pandemic, one thing that has really helped Copart is they were already fully online with virtual bidding and virtual auctions, whereas IAA wasn't fully online at the start of the pandemic, so they probably lost a little bit of market share this past year. But now, going through the pandemic, they certainly got to 100 percent online. The other thing that's interesting about IAA and Copart is Copart is also an international business. Copart has really been growing in international locations; IAA, it's primarily in North America, although if you look at their recent earnings, calls, and management statements, IAA is basically looking at Copart, and they're following the Copart playbook. So now, IAA, they're aggressively going into international markets, they're aggressively investing in technology, and they're aggressively putting into place the best practices that Copart has operated with and just trying to close the gap. I think that's actually a really interesting story. If you like this industry, and maybe you think Copart is too expensive, maybe take a look at IAA, and that's more of a discounted way to play the theme. Nick Sciple: So would you say that IAA is like the Lowe's to Copart's Home Depot, or the Pepsi to Copart's Coke in this situation? Luis Sanchez: Yeah. It's the number two, it's the underdog. It also operates at half of the profit margin as Copart. There's a potential investment story there, if you think that IAA can execute on this plan to raise their margin and grow internationally. Potentially, IAA can push through a lot of, actually, a higher rate of earnings growth than Copart. It also trades at a very slight discount to Copart. So that's why I think that IAA is very analogous to Copart and it's potentially an interesting investment if you like Copart. Nick Sciple: Absolutely. So the question is, is there enough of an execution difference between the businesses to justify that difference in valuation? Because if IAA can execute, the room to improve gives them a lot more upside relative to Copart, which was already executing well. Luis Sanchez: Great. I think what a lot of people would say is, Copart's already generating a good amount of earnings growth and it's not too crazy. The valuation isn't too crazy and Copart's definitely rich, so going with Copart is like going with the best-of-breed, lower execution risk, kind of way to play the sector, where IAA is like the higher-risk but probably higher reward if they do a good job.Nick Sciple: Absolutely, yeah. Lowe's Home Depot just keeps ringing in my head as you make that comparison there. Luis Sanchez CFA has no position in any of the stocks mentioned. Nick Sciple has no position in any of the stocks mentioned. The Motley Fool recommends Copart. The Motley Fool has a disclosure policy. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Why Kar Auction Services Is An Economic Reopening Stock KAR Auction Services (NYSE: KAR) is in the business of auctioning used cars to dealerships and directly to consumers. The company suffered during the Covid-19-induced recession and has seen its stock price decline. However, as the post-pandemic economic recovery picks up, KAR Auction Services stands to benefit. In this Motley Fool Live video from the Industry Focus podcast recorded on March 11, Motley Fool contributor Luis Sanchez and Industry Focus host Nick Sciple discuss KAR Auction Services, Copart, IAA, and the market for used cars. 10 stocks we like better than KAR Auction Services When investing geniuses David and Tom Gardner have a stock tip, it can pay to listen. After all, the newsletter they have run for over a decade, Motley Fool Stock Advisor, has tripled the market.* David and Tom just revealed what they believe are the ten best stocks for investors to buy right now... and KAR Auction Services wasn't one of them! That's right -- they think these 10 stocks are even better buys. See the 10 stocks *Stock Advisor returns as of February 24, 2021 Nick Sciple: One other company we did mention, maybe we can talk about briefly are KAR Auction Services, ticker KAR, and they are in a little bit different niche relative to what IAA and Copart are doing. Luis Sanchez: For sure. So KAR Auction Services. You mentioned the ticker, KAR. They are in what's called whole car auction, so that's non-totaled cars. It's really just used car auctions. The way to think about where they sit is, they source inventory from all sorts of interesting channels. So when rental car fleets turn over, when rental cars want to replace their used cars with brand new cars, they'll take it to auction through KAR. Or when people who are leasing cars abandon their leases, assuming the cars are still in good condition, they'll offload to KAR. Or charity auctions, people who donate their old used cars to charities. Then what KAR really does is they're a B2B business. Basically, the people who are buying on the car auctions are primarily used car dealerships who will then sell to a retail channel. There's also some individual buyers who will also shop on KAR. But it's really a B2B business. I'd say there's really interesting differences though between the total car auction market and the whole car market. Namely, it's that this is a more competitive channel because there's just a lot more places to source used cars, right? eBay, Craigslist being one. Some used car dealerships will actually buy used cars from other dealerships, right? There's other B2B used car channels, it's not just the auction. You can do private brokerage or just direct. That's on the demand side. On the supply side, the inventory is less guaranteed. I think that's really the story of the last year with KAR is, they've really suffered from the shortage of used cars. So because there haven't been new cars to purchase, rental car fleets aren't getting rid of their existing fleet. Because the price of a used car has gone up so much, this is actually a really interesting situation where people who are sitting on leased cars, they're not abandoning the lease. They are actually buying the cars because the price of the buyout option is set at the beginning of the lease. So there's a little bit of an arbitrage now that used car prices have gone up so much. Yes, so KARS actually suffered and they've actually seen their revenue decline quite a bit in the last year as a result of these factors. They also did get squeezed, to the extent that KAR needs to buy inventory, they're going to have to pay the higher price for those used cars. Nick Sciple: Absolutely. So they may be have been a little bit more victim of what has gone on over the past year, whereas you look at Copart reporting record numbers across the board in the most recent quarter, they've been a beneficiary in this way. Do you see KAR as being a potential reopening play? People are going to start traveling again, getting rental cars when they go to Hawaii and places like that. Do you see this as a business that could potentially benefit from a recovery? Luis Sanchez: Absolutely. I think KAR, of all these three companies I've mentioned, I think KAR is probably going to benefit the most from a recovery. But what you would need to see for them to really benefit from a recovery is some kind of normalization of the value of used cars, the used car index. It's also interesting to think about whether Copart or IAA are reopening plays because that's actually really hard to know. The answer is yes or no. Because Copart and IAA have seen their volume of cars sold decline, but they've seen the value go up. So if we get into a situation where the volumes of used cars go up, but the prices of the used cars also remains higher elevated, then IAA and Copart can continue to benefit. But we could also see the opposite, like what happens if the value of used cars goes down? Well, that might become a headwind and that might potentially benefit KAR. KAR also, the way they make money is a little bit different from Copart and IAA, which is also worth mentioning. KAR makes about half of their money from, half of their revenue from auction proceeds. But the majority of KARS' earnings are actually from the ancillary services that they provide. More than a third of KARS' earnings are actually from financing. So they're really involved in helping people complete that purchase. That's actually really KARS' competitive advantage. They're basically financing these used car dealerships, they're financing the floors. In a lot of cases, that's the reason why used car dealerships are doing business with KAR because not only can they source the inventory, but they can finance it at a reasonable rate. Nick Sciple: Absolutely. So the relationships, it sounds like in this business, is very different when you're talking about the customers that you're working with. Because those customers have different needs, different service is offered. Luis Sanchez CFA has no position in any of the stocks mentioned. Nick Sciple has no position in any of the stocks mentioned. The Motley Fool recommends Copart. The Motley Fool has a disclosure policy. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""How Copart Makes Money From Car Crashes Ever wonder what happens to your car after it is totaled? You may be surprised to learn that there is an entire economic ecosystem built around what happens to cars after a crash. Copart (NASDAQ: CPRT) plays a significant role in that ecosystem and has found a way to make money from car crashes. In this video from the Industry Focus podcast, recorded on March 11, Motley Fool contributor Luis Sanchez and Industry Focus host Nick Sciple discuss Copart and the market for used and totaled cars. 10 stocks we like better than Copart When investing geniuses David and Tom Gardner have a stock tip, it can pay to listen. After all, the newsletter they have run for over a decade, Motley Fool Stock Advisor, has tripled the market.* David and Tom just revealed what they believe are the ten best stocks for investors to buy right now... and Copart wasn't one of them! That's right -- they think these 10 stocks are even better buys. See the 10 stocks *Stock Advisor returns as of February 24, 2021 Nick Sciple: Absolutely. I want to go into the companies in that ecosystem that we wanted to talk about today. One of the main ones is Copart. When the insurance company decides they want to auction off your car, Copart assist them with that. Their ticker is CPRT. Well, where does Copart fit into this process? After you total your car, you've decided it costs more to fix that it's worth, what happens to your car after that and where just Copart come into that process? Luis Sanchez: Copart is a industrial marketplace, essentially. Their clients are essentially the guys who are trying to get rid of their cars, so really, insurance companies. There's a few other potential sellers of cars, but insurance companies are the vast majority that take possession of the totaled cars. Essentially, totaled cars get transported to these massive lots that are located outside of major urban areas, and they basically just run an auction, it's done online, it's done in person, and there's all sorts of people who are trying to buy these broken cars. I guess the other question is who are the buyers and why might they be interested in the car? It's really all sorts of participants. There's a large participation of foreign buyers, it's roughly one-fourth of the people who are buying totaled cars. There's an interesting reason for that, because the definition of a totaled car, it could actually be different in the U.S. versus another country. It might actually be more economical for a buyer in another country to buy a broken or totaled car in the U.S., and there might be a lower cost to repair it in that other country, or it might just be harder to buy that brand of car in that other country. There's also what are called dismantlers, who will actually buy the car, sell all the auto parts that still retain value, and then just scrap the car. There could also just be some scrappy repair shops who just know that they could fix the car and sell it for a profit. Sciple: So fundamentally, what Copart is doing is connecting these sellers who have cars they don't want, or insurance companies, with all these different disparate buyers out there in the market who have some interest in these products for whatever reason. Whether it's because you're going to arbitrage repair costs in different countries, or you're searching for some vintage car that only comes up for sale because you get one totaled off the back of a truck, or something like that. Copart really helps connect those buyers and sellers in that market. Where does Copart extract value for themselves from that operation? Sanchez: The primary way they make money is by taking a commission from the auction. It's roughly a 10% commission that they take, and that's based on whatever the car goes for. The really interesting thing about that is, as we mentioned up top, the value of used cars has gone up a lot, and that's actually been a benefit to Copart because they benefit from a higher auction price. So their interests are aligned with their customers, I guess you could say. That's the primary way they make money. There's also some ancillary things. They sell access to the data to potential buyers, they sell technology that could be used to bid at the auctions. An example of that could be like if you're a foreign buyer and you want to use more advanced techniques to bid for cars, say you want to have a price monitor, almost like an algorithmic trading bot, they might charge a little bit extra for that. They also do inspection or handling the title, transfer the car. Another thing that's interesting is they have a service that will automatically pay back the car loan once the proceeds have cleared from the sale of the car. They'll help the insurance company automate the process of closing out the car loan and transferring the title. So there are some little ancillary services here and there that they can make some extra money from, but the vast majority of their financials, really, are driven by the proceeds of the sales. Sciple: Absolutely. So it's the more cars that are getting sold off and the higher value of those cars, then the better it is for Copart. I guess part of the driver of that is the rate at which vehicles are being totaled, and that has been somewhat of a tailwind for the business. If you look back over the past 10 years or so, the rate at which cars are being totaled or taking a full loss, that's been a benefit to them. In addition to there could be some fluctuations in used car prices. Luis Sanchez CFA has no position in any of the stocks mentioned. Nick Sciple has no position in any of the stocks mentioned. The Motley Fool recommends Copart. The Motley Fool has a disclosure policy. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Does Copart Have a Moat Around Its Business? Copart (NASDAQ: CPRT) operates an auction business for buying and selling totaled cars. Although this is not an exciting business, it is a very defensible one with significant barriers to entry. Long-term investors may want to consider Copart as it benefits from the continued growth in miles driven and incidents of total loss resulting from car crashes. In this video from Motley Fool Live, recorded on March 11, Motley Fool contributor Luis Sanchez and Industry Focus host Nick Sciple discuss Copart and the market for used cars. 10 stocks we like better than Copart When investing geniuses David and Tom Gardner have a stock tip, it can pay to listen. After all, the newsletter they have run for over a decade, Motley Fool Stock Advisor, has tripled the market.* David and Tom just revealed what they believe are the ten best stocks for investors to buy right now... and Copart wasn't one of them! That's right -- they think these 10 stocks are even better buys. See the 10 stocks *Stock Advisor returns as of February 24, 2021 Nick Sciple: One other thing I wanted to talk about, Luis, this may be interesting, is just the barriers to entry in this market. You'd mentioned and having lots all over the country to be able to take this inventory, connecting all these different buyers and sellers. How do you think about the moat that Copart has in the market in which they operate? Luis Sanchez: There's a few sources of a potential moat here. I use that word marketplace up top. There's a lot of terms that get thrown around, like online marketplaces and flywheels, and this is like an old school marketplace. They benefit from liquidity. There's a network effect. Buyers pay attention to this auction and they want to come in bid at this auction because they know that there's going to be a good source of cars, and the insurance companies want to take their cars to this auction because they know that there's going to be a lot of bidders and they're going to get the best price. The other thing too is that there's geographic monopoly, so just where these lots are located, they're very strategically located outside of metropolitan areas, where there's a lot of car traffic, where there's urban density, and frankly, these lots are huge. So just having the space to hold literally thousands of cars is not nothing. It costs money to set up that lot. I think probably the bigger barrier, really, is any marketplace or auction, it's really tough to get started if you don't already have buyers and sellers. It'd be really, really, really hard for us to set up a Copart competitor tomorrow because who's going to bring us the cars, and how can we assure to them that there's going to be enough buyers to sell their cars at competitive prices? Sciple: Absolutely. It's one of those things where once you set up in a geography and up and running and then have these relationships, just really hard to see why do I need another lot across town? Why do I need two different logistics infrastructures, to think about bringing different things if I'm the insurance company, or anything like that? It's one of these businesses where the physical infrastructure really helps them out. It reminds me of, it's a different business, but Vulcan Materials, they own aggregate, they have locations all over the country, the same type of thing, because of the cost of shipping their stuff, they only need so many in certain locations. Luis Sanchez CFA has no position in any of the stocks mentioned. Nick Sciple has no position in any of the stocks mentioned. The Motley Fool recommends Copart. The Motley Fool has a disclosure policy. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.""]"
CPRT,2021-03-30,26.435,26.635,26.1975,26.5625,
CPRT,2021-03-31,26.6625,27.4412,26.475,27.1525,
CPRT,2021-04-01,27.43,28.2025,27.215,28.1525,
CPRT,2021-04-05,28.3425,28.4625,28.08,28.4375,
CPRT,2021-04-06,28.3875,28.605,28.1525,28.2125,
CPRT,2021-04-07,28.1525,28.4375,27.835,28.355,
CPRT,2021-04-08,28.5325,28.8175,28.5,28.735,
CPRT,2021-04-09,28.7725,29.5775,28.7,29.5075,"[""S&P 500 Analyst Moves: CPRT The latest tally of analyst opinions from the major brokerage houses shows that among the components of the S&P 500 index, Copart is now the #122 analyst pick, moving up by 1 spot. This rank is formed by averaging the analyst opinions for each component from each broker, and then ranking the 500 components by those average opinion values. Looking at the stock price movement year to date, Copart is lower by about 8.4%. VIDEO: S&P 500 Analyst Moves: CPRT The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Nasdaq 100 Movers: PTON, MRNA In early trading on Friday, shares of Moderna topped the list of the day's best performing components of the Nasdaq 100 index, trading up 5.8%. Year to date, Moderna registers a 35.5% gain. And the worst performing Nasdaq 100 component thus far on the day is Peloton Interactive, trading down 3.4%. Peloton Interactive Inc is lower by about 21.2% looking at the year to date performance. Two other components making moves today are Trip.com Group, trading down 3.1%, and Copart, trading up 1.1% on the day. VIDEO: Nasdaq 100 Movers: PTON, MRNA The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.""]"
CPRT,2021-04-12,29.4,29.65,29.3425,29.5775,
CPRT,2021-04-13,29.475,29.81,29.26,29.3825,
CPRT,2021-04-14,29.4075,29.995,29.3524,29.7425,
CPRT,2021-04-15,29.9425,30.6375,29.88,30.42,
CPRT,2021-04-16,30.595,30.98,30.3875,30.87,
CPRT,2021-04-19,30.705,30.7525,30.3825,30.44,
CPRT,2021-04-20,30.5,30.7425,30.1936,30.3225,
CPRT,2021-04-21,30.3125,30.7875,30.2075,30.6375,
CPRT,2021-04-22,30.65,31.1625,30.475,30.7225,
CPRT,2021-04-23,30.9075,31.3588,30.9062,31.17,
CPRT,2021-04-26,31.235,31.235,30.5875,30.8625,"First Week of June 18th Options Trading For Copart (CPRT) Investors in Copart Inc (Symbol: CPRT) saw new options begin trading this week, for the June 18th expiration. At Stock Options Channel, our YieldBoost formula has looked up and down the CPRT options chain for the new June 18th contracts and identified one put and one call contract of particular interest. The put contract at the $120.00 strike price has a current bid of $3.50. If an investor was to sell-to-open that put contract, they are committing to purchase the stock at $120.00, but will also collect the premium, putting the cost basis of the shares at $116.50 (before broker commissions). To an investor already interested in purchasing shares of CPRT, that could represent an attractive alternative to paying $123.63/share today. Because the $120.00 strike represents an approximate 3% discount to the current trading price of the stock (in other words it is out-of-the-money by that percentage), there is also the possibility that the put contract would expire worthless. The current analytical data (including greeks and implied greeks) suggest the current odds of that happening are 63%. Stock Options Channel will track those odds over time to see how they change, publishing a chart of those numbers on our website under the contract detail page for this contract. Should the contract expire worthless, the premium would represent a 2.92% return on the cash commitment, or 20.09% annualized — at Stock Options Channel we call this the YieldBoost. Below is a chart showing the trailing twelve month trading history for Copart Inc, and highlighting in green where the $120.00 strike is located relative to that history: Turning to the calls side of the option chain, the call contract at the $125.00 strike price has a current bid of $4.40. If an investor was to purchase shares of CPRT stock at the current price level of $123.63/share, and then sell-to-open that call contract as a ""covered call,"" they are committing to sell the stock at $125.00. Considering the call seller will also collect the premium, that would drive a total return (excluding dividends, if any) of 4.67% if the stock gets called away at the June 18th expiration (before broker commissions). Of course, a lot of upside could potentially be left on the table if CPRT shares really soar, which is why looking at the trailing twelve month trading history for Copart Inc, as well as studying the business fundamentals becomes important. Below is a chart showing CPRT's trailing twelve month trading history, with the $125.00 strike highlighted in red: Considering the fact that the $125.00 strike represents an approximate 1% premium to the current trading price of the stock (in other words it is out-of-the-money by that percentage), there is also the possibility that the covered call contract would expire worthless, in which case the investor would keep both their shares of stock and the premium collected. The current analytical data (including greeks and implied greeks) suggest the current odds of that happening are 52%. On our website under the contract detail page for this contract, Stock Options Channel will track those odds over time to see how they change and publish a chart of those numbers (the trading history of the option contract will also be charted). Should the covered call contract expire worthless, the premium would represent a 3.56% boost of extra return to the investor, or 24.51% annualized, which we refer to as the YieldBoost. The implied volatility in the put contract example, as well as the call contract example, are both approximately 29%. Meanwhile, we calculate the actual trailing twelve month volatility (considering the last 251 trading day closing values as well as today's price of $123.63) to be 27%. For more put and call options contract ideas worth looking at, visit StockOptionsChannel.com. Top YieldBoost Calls of the Nasdaq 100 » The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
CPRT,2021-04-27,30.8125,31.135,30.73,30.9925,
CPRT,2021-04-28,30.9,30.9525,30.6675,30.82,
CPRT,2021-04-29,30.9975,31.5443,30.87,31.4175,
CPRT,2021-04-30,31.1625,31.325,31.035,31.1275,
CPRT,2021-05-03,31.3425,31.3912,31.07,31.125,
CPRT,2021-05-04,30.9975,31.0075,30.4175,30.8775,
CPRT,2021-05-05,30.99,31.1275,30.6088,30.6525,
CPRT,2021-05-06,30.7625,30.7625,30.1825,30.635,
CPRT,2021-05-07,30.6975,31.2675,30.6225,31.14,
CPRT,2021-05-10,30.995,31.3075,30.415,30.7775,
CPRT,2021-05-11,30.815,30.9,30.1512,30.26,
CPRT,2021-05-12,29.7075,30.0325,29.4,29.525,
CPRT,2021-05-13,29.82,30.2775,29.75,30.1225,
CPRT,2021-05-14,30.24,31.16,30.1875,31.0325,
CPRT,2021-05-17,30.74,31.0525,30.51,30.7375,
CPRT,2021-05-18,30.7575,30.8025,30.2825,30.2925,"Did You Miss Copart's (NASDAQ:CPRT) Whopping 467% Share Price Gain? For many, the main point of investing in the stock market is to achieve spectacular returns. And highest quality companies can see their share prices grow by huge amounts. To wit, the Copart, Inc. (NASDAQ:CPRT) share price has soared 467% over five years. And this is just one example of the epic gains achieved by some long term investors. There is no denying that markets are sometimes efficient, but prices do not always reflect underlying business performance. One flawed but reasonable way to assess how sentiment around a company has changed is to compare the earnings per share (EPS) with the share price. During five years of share price growth, Copart achieved compound earnings per share (EPS) growth of 27% per year. This EPS growth is lower than the 41% average annual increase in the share price. So it's fair to assume the market has a higher opinion of the business than it did five years ago. And that's hardly shocking given the track record of growth. You can see below how EPS has changed over time (discover the exact values by clicking on the image). NasdaqGS:CPRT Earnings Per Share Growth May 18th 2021 This free interactive report on Copart's earnings, revenue and cash flow is a great place to start, if you want to investigate the stock further. A Different Perspective Copart provided a TSR of 46% over the year. That's fairly close to the broader market return. Most would be happy with a gain, and it helps that the year's return is actually better than the average return over five years, which was 41%. Even if the share price growth slows down from here, there's a good chance that this is business worth watching in the long term. I find it very interesting to look at share price over the long term as a proxy for business performance. But to truly gain insight, we need to consider other information, too. Case in point: We've spotted 1 warning sign for Copart you should be aware of. Of course, you might find a fantastic investment by looking elsewhere. So take a peek at this free list of companies we expect will grow earnings. Please note, the market returns quoted in this article reflect the market weighted average returns of stocks that currently trade on US exchanges. This article by Simply Wall St is general in nature. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) simplywallst.com. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
CPRT,2021-05-19,29.8525,30.2775,29.5075,30.2475,"[""Copart Q3 Results Beat Street View; Shares Up 5% (RTTNews) - Shares of Copart Inc. (CPRT) gained over 5% in extended session Wednesday after it reported its third-quarter results, with both earnings and revenues trouncing Wall Street view. Third-quarter profit rose to $286.8 million or $1.19 per share, up from $147.5 million or $0.62 per share last year. Adjusted earnings for the quarter were $1.09 per share, up from $0.58 per share last year. Analysts polled by Thomson Reuters estimated earnings of $0.80 per share and revenues of $628.9 million. Third-quarter revenues rose 33.4% to $733.9 million from $550.4 million last year. Analysts had a consensus revenue estimate of $633.05 million. CPRT closed Wednesday's trading at $120.99, down $0.18 or 0.15%, on the Nasdaq. The stock, however, gained $6.02 or 4.98%, in the after-hours trade. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""After-Hours Earnings Report for May 19, 2021 : CSCO, SNPS, CPRT, KEYS, LB, GDS, ZTO, SQM, SBLK, CAAP, SCVL The following companies are expected to report earnings after hours on 05/19/2021. Visit our Earnings Calendar for a full list of expected earnings releases. Cisco Systems, Inc. (CSCO) is reporting for the quarter ending April 30, 2021. The computer networks company's consensus earnings per share forecast from the 10 analysts that follow the stock is $0.74. This value represents a 2.78% increase compared to the same quarter last year. In the past year CSCO has beat the expectations every quarter. The highest one was in the 1st calendar quarter where they beat the consensus by 4.41%. Zacks Investment Research reports that the 2021 Price to Earnings ratio for CSCO is 18.31 vs. an industry ratio of 7.80, implying that they will have a higher earnings growth than their competitors in the same industry. Synopsys, Inc. (SNPS) is reporting for the quarter ending April 30, 2021. The computer software company's consensus earnings per share forecast from the 2 analysts that follow the stock is $1.00. This value represents a 40.85% increase compared to the same quarter last year. SNPS missed the consensus earnings per share in the 1st calendar quarter of 2021 by -3.74%. Zacks Investment Research reports that the 2021 Price to Earnings ratio for SNPS is 54.15 vs. an industry ratio of 46.60, implying that they will have a higher earnings growth than their competitors in the same industry. Copart, Inc. (CPRT) is reporting for the quarter ending April 30, 2021. The auction company's consensus earnings per share forecast from the 6 analysts that follow the stock is $0.80. This value represents a 37.93% increase compared to the same quarter last year. CPRT missed the consensus earnings per share in the 2nd calendar quarter of 2020 by -9.38%. Zacks Investment Research reports that the 2021 Price to Earnings ratio for CPRT is 38.10 vs. an industry ratio of 47.30. Keysight Technologies Inc. (KEYS) is reporting for the quarter ending April 30, 2021. The electrical instrument company's consensus earnings per share forecast from the 3 analysts that follow the stock is $1.23. This value represents a 75.71% increase compared to the same quarter last year. Zacks Investment Research reports that the 2021 Price to Earnings ratio for KEYS is 26.61 vs. an industry ratio of 23.60, implying that they will have a higher earnings growth than their competitors in the same industry. L Brands, Inc. (LB) is reporting for the quarter ending April 30, 2021. The retail (shoe) company's consensus earnings per share forecast from the 8 analysts that follow the stock is $1.25. This value represents a 226.26% increase compared to the same quarter last year. LB missed the consensus earnings per share in the 2nd calendar quarter of 2020 by -39.44%. Zacks Investment Research reports that the 2022 Price to Earnings ratio for LB is 12.80 vs. an industry ratio of 21.20. GDS Holdings Limited (GDS) is reporting for the quarter ending March 31, 2021. The technology services company's consensus earnings per share forecast from the 3 analysts that follow the stock is $-0.15. This value represents a 87.50% decrease compared to the same quarter last year. The \""days to cover\"" for this stock exceeds 12 days. Zacks Investment Research reports that the 2021 Price to Earnings ratio for GDS is -168.45 vs. an industry ratio of -22.00. ZTO Express (Cayman) Inc. (ZTO) is reporting for the quarter ending March 31, 2021. The transportation services company's consensus earnings per share forecast from the 1 analyst that follows the stock is $0.18. This value represents a 50.00% increase compared to the same quarter last year. Zacks Investment Research reports that the 2021 Price to Earnings ratio for ZTO is 34.90 vs. an industry ratio of 12.70, implying that they will have a higher earnings growth than their competitors in the same industry. Sociedad Quimica y Minera S.A. (SQM) is reporting for the quarter ending March 31, 2021. The fertilizers company's consensus earnings per share forecast from the 3 analysts that follow the stock is $0.26. This value represents a 52.94% increase compared to the same quarter last year. Zacks Investment Research reports that the 2021 Price to Earnings ratio for SQM is 36.96 vs. an industry ratio of 21.80, implying that they will have a higher earnings growth than their competitors in the same industry. Star Bulk Carriers Corp. (SBLK) is reporting for the quarter ending March 31, 2021. The shipping company's consensus earnings per share forecast from the 2 analysts that follow the stock is $0.41. This value represents a 278.26% increase compared to the same quarter last year. Zacks Investment Research reports that the 2021 Price to Earnings ratio for SBLK is 4.56 vs. an industry ratio of 9.70. Corporacion America Airports SA (CAAP) is reporting for the quarter ending March 31, 2021. The airline company's consensus earnings per share forecast from the 1 analyst that follows the stock is $-0.42. This value represents a 500.00% decrease compared to the same quarter last year. CAAP missed the consensus earnings per share in the 3rd calendar quarter of 2020 by -7.02%. Zacks Investment Research reports that the 2021 Price to Earnings ratio for CAAP is -8.88 vs. an industry ratio of 30.70. Shoe Carnival, Inc. (SCVL) is reporting for the quarter ending April 30, 2021. The retail (shoe) company's consensus earnings per share forecast from the 1 analyst that follows the stock is $1.40. This value represents a 220.69% increase compared to the same quarter last year. SCVL missed the consensus earnings per share in the 2nd calendar quarter of 2020 by -17.17%. The \""days to cover\"" for this stock exceeds 16 days. Zacks Investment Research reports that the Price to Earnings ratio for SCVL is 0.00 vs. an industry ratio of 21.20. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.""]"
CPRT,2021-05-20,31.75,31.9875,30.6725,31.0225,"[""Copart, Inc. (CPRT) Q3 2021 Earnings Call Transcript Image source: The Motley Fool. Copart, Inc. (NASDAQ: CPRT) Q3 2021 Earnings Call May 20, 2021, 11:00 a.m. ET Contents: Prepared Remarks Questions and Answers Call Participants Prepared Remarks: Operator Good day, everyone and welcome to the Copart Incorporated Third Quarter Fiscal 2021 Earnings Call. Just a reminder, today's conference is being recorded. For opening remarks, I would like to turn the call over to Mr. John North, Chief Financial Officer of Copart Incorporated. Please go ahead, sir. 10 stocks we like better than Copart When investing geniuses David and Tom Gardner have a stock tip, it can pay to listen. After all, the newsletter they have run for over a decade, Motley Fool Stock Advisor, has tripled the market.* David and Tom just revealed what they believe are the ten best stocks for investors to buy right now... and Copart wasn't one of them! That's right -- they think these 10 stocks are even better buys. See the 10 stocks *Stock Advisor returns as of May 11, 2021 John North -- Chief Financial Officer Good morning. Thanks for joining us today. During today's call, we'll discuss certain non-GAAP measures, which include adjustments to reverse the effects of certain discrete income tax items, foreign currency related gains, certain income tax benefits and payroll taxes related to accounting for stock option exercises. We provided a reconciliation of these non-GAAP financial measures to the most directly comparable GAAP measures on our Investor Relations website and in our press release issued yesterday. We believe these non-GAAP measures together with our corresponding GAAP measures are relevant in analyzing our results and assessing our business trends and performance. In addition, our comments today include forward-looking statements within the meaning of federal securities laws, including management's current views with respect to trends, opportunities, and uncertainties in our markets including the COVID-19 pandemic. These forward-looking statements involve substantial risks and uncertainties. For more detail on the risks associated with our business, we refer you to the section titled Risk Factors in our Annual Report on Form 10-K for the year ended July 31st, 2020 and each of our subsequent quarterly reports on Form 10-Q. Any forward-looking statements are made as of today and we have no obligation to update or revise any forward-looking statements. So with the disclosure out of the way, I'll turn the call over to Jeff Liaw, President. Jeffrey Liaw -- President and Chief Executive Officer North America Thank you, John. We're pleased to report our record financial results for the third quarter of fiscal 2021. I want to start first with -- by extending a thank you to our team in the field around the world and here at headquarters for their resilience and agility over the past 14 months. For over a year now we face the challenge of providing excellent service to our customers while keeping our people and communities safe and I'm grateful and proud for our team for having delivered on both. We take very seriously our responsibility as an essential business in keeping our roads and support infrastructure clear for the movement of people and things. I'll start with some of the key statistics that we share each quarter and I'll close with some remarks about the future before turning it over to John for a review of the financial results specifically. For the quarter, we experienced global unit sales increase of 3% for the quarter, with the US increase of 4.5% and an international decline of 5%. We have observed more pronounced shutdowns internationally in certain countries in which we operate and they are likewise adopting more protracted reopening plans than we're experiencing here in the US. Our insurance business specifically was slightly below the third quarter 2020 volumes, down approximately 3% but effectively flat with 2019. This is the product of lower driving activity, of course, as driving activity remains suppressed relative to the norm and also decreased claims frequency, offset by increases in total loss frequency and share gain. Our US non-insurance business grew approximately 30% in unit volume year-over-year. This is also a reflection of strong used vehicle price -- a strong used vehicle price environment combined with our auction liquidity and sales efforts across non-insurance categories. Our dealer business, in particular, increased 26% in unit volume year-over-year compared to what we believe were significant declines for other whole car auction platforms that serve dealers. This is a reflection of the flywheel effect we've talked about on earnings calls previously. Our growing auction liquidity enables us to serve an expanding set of vehicles and then those additional vehicles, of course, further enhance our liquidity as well. Our global inventory at the end of April increased 16% versus a year ago. That's comprised of a year-over-year increase of 21% for US inventory and a decline of 13% for international inventory, a reflection of the dynamics described a moment ago. On average selling prices, our ASPs increased worldwide 48% year-over-year for the quarter. Our ASP strength is a reflection of both market dynamics as well as our own member recruitment and -- member recruitment and retention efforts as we cultivate more buyers worldwide. We will comment more on that in a moment as well. The ASP increase is not primarily due to mix shift effects. Our insurance ASPs in the US, for example, were up more than 50% year-over-year. And while growth in used car prices have, of course, contributed to our ASP growth, our selling price growth has far exceeded the overall used car price environment, a reflection again of our marketing and member recruitment capabilities and our broad global reach to emerging economies, who are increasingly buyers of vehicles from our markets. Our auction liquidity itself also continues to grow as we observed sequentially and year-over-year more domestic and international bidders and bids per unit, a reflection both of supply growth for us as well as our active cultivation of those buyers. The natural questions that we would all pose would be what's the aftermath of the pandemic might be to our business. It's certainly challenging to separate signal from noise given the abundance of confounding and extreme variables at the moment. My comments will largely be US centric, but will apply by and large to the rest of our markets as well. I thought I'd take a minute to talk about some of our long-term assumptions and how they may have been affected or not by the pandemic. First on driving activity. It does appear to be rebounding but certainly still suppressed relative to pre-pandemic levels, in particular with commuting traffic still down 25% to 30% or more based on sources like Google Maps, among others. Due to increasing vaccine availability there is certainly line of sight to reopening more fully here in the US and our other markets appear to be three to six months or thereabouts behind the reopening sequence of the US. Longer term, we continue to expect modest increases in per capita driving as we've observed over the past 50 years. Mobility remains essential for employment, education, healthcare, leisure and every other aspect of our existence. We do anticipate perhaps some increase in virtual work arrangements but offset by a shift from various forms of other mass transit in favor of driving. Accident and claims frequency have declined during the pandemic, as you know, though with increasing severity due to higher speed driving and increase in distracted driving. Long-term, we expect a continuation of a decade-long trend to a very modest decline in accident frequency over time due to the gradual penetration of safety technologies and new car shipments, which then in turn eventually make their way to the operating fleet. We do, however, expect an increasing severity over time as well as those safety technologies also become more expensive to repair as well. On the question of our average selling prices, I would note the longer-term trend in favor of higher ASPs, certainly there have been near term pandemic effects. But over time, say over 10 years plus, it has been demand from emerging economies for wrecked vehicles from our markets, from the US, from UK, Canada, Germany, Spain, the Middle East in Finland and elsewhere, combined with our member cultivation efforts that have driven ASP growth over time. I'd acknowledge that we're seeing an unusual historic moment for used car valuations given the supply shortage for new cars, but we have experienced with the exception of the third quarter of last year the very beginning of the pandemic, we've now experienced year-over-year increases in prices for 17 straight quarters. So we think that there are elements of the selling prices certainly that will prove much more durable over time. Our operating and strategic decisions are predicated on the expectation of volume recovery post pandemic as well as long-term growth post pandemic largely consistent dramatically with what we've experienced over the past 40 years. We are grateful for our strong financial performance this quarter and excited to continue investing in our customers' future and our own. And with that, I'll turn it over to our CFO, John North. John North -- Chief Financial Officer Thank you, Jeff. As we mentioned, I'll make a few brief comments on our results to provide a little more color on the earlier remarks and then we'll be happy to take a few questions this morning. Global revenue increased $184 million or 33%, including an $8 million benefit due to currency. Global service revenue increased $132 million or 27% primarily due to higher ASPs. The US service revenue grew 27% and international experienced an increase of 23%. Purchased vehicle sales increased $51 million or 87% due to higher ASPs and increased volumes. US purchased vehicle revenue was up 103% over the prior year and international grew by 64%. As a result, purchased vehicle gross profit, defined as vehicle sales less cost of vehicle sales, increased by almost $11 million overall. Global gross profit increased by $138 million or 57% and our gross margin percentage improved by approximately 788 basis points to 52%. US margins improved from 46% to 55% and international margins increased from 32% to 37%. Both segments' margin improvement was driven primarily by higher ASPs. Moving to G&A expenditures. Excluding stock compensation and G&A -- and depreciation expense, our spend increased $2.2 million from $37 million a year ago to $39 million in 2021. We anticipate G&A will be lumpy quarter to quarter but will continue to improve as a percentage of revenue over time as we grow. As a result, our GAAP operating income increased by 68% from $195 million to $328 million. We delivered 926 basis points of operating margin improvement due to revenue growth from strong ASPs and controlling cost. Net interest expense decreased $0.2 million or 4% year-over-year primarily due to lapping last year's decision to draw on our revolver in the initial days of the pandemic to ensure adequate liquidity. Q3 income tax expense was $36.7 million, at an 11.4% effective tax rate reflecting a $20 million tax benefit from the effect of certain discrete income tax items and a $5 million tax benefit on the exercise of employee stock options, both of which have been adjusted out for purposes of the non-GAAP earnings included in our earnings release. On a non-GAAP basis, our effective tax rate would have been 19%. In summary, GAAP net income increased 95% from $147 million last year to $267 million this year. Adjusted to remove the effects of currency and the tax benefits described above, non-GAAP net income increased $89.8 million from $138 million last year to $262 million in the third quarter of '21. For the first nine months of fiscal '21 GAAP net income increased 27% from $534 million last year to $681 million this year and non-GAAP net income increased 44% from $447 million last year to $642 million this year. Now to briefly highlight our liquidity and cash flow. As of April 30, we had $2 billion of liquidity comprised of $912 million of cash and cash equivalents and an undrawn revolving credit facility with capacity of over $1 billion. This is an increase of $434 million over July 31, 2020. Operating cash flow for the quarter increased by $75 million year-over-year to $369 million, primarily driven by stronger earnings or partially offset by working capital consumed by building consignment on inventory. We invested $81.2 million in capital expenditures for the quarter. Approximately 95% of this amount was attributable to capacity expansion. This investment continues to ensure adequate capacity for additional business and creates a wider economic moat for potential market entrants given the difficulty in sourcing appropriately zoned facilities. In conclusion, our conservative capital structure and strong durable cash flow enable us to continue to make decisions for the long-term interest of both our customers and our shareholders. And with that that's the end of our prepared remarks. We're happy to take some questions. Questions and Answers: Operator [Operator Instructions] Our first question is from Bob Labick with CJS Securities. Please proceed with your question. Peter Lucas -- CJS Securities -- Analyst Yes. Hi. Good morning. It's Pete Lucas for Bob. Just wondering if you could discuss how -- if you could just talk about how increased supply demand imbalance impact auctions other than price, i.e. are cars selling faster, is less service needed, your ability to raise fees, anything you can comment there? Jeffrey Liaw -- President and Chief Executive Officer North America Pete, thanks for the question. I'm not sure I entirely follow, but certainly the high -- if you're talking about the strong used car price environment, I think it has helped with conversion on the margin of consigned vehicles, customer dealers, but by and large, I don't think there are any unusual effects other than what has already been reflected in price. Everything else in terms of bidding activity, of course, has been true for many years where we talk about having more domestic and international bidders and bids and bids per unit, that's been a recurring theme since before the pandemic. Peter Lucas -- CJS Securities -- Analyst Great. Thanks. And sticking with dealers you mentioned there, can you just kind of talk about I think you've mentioned Copart taking some significant share there. What advantages or disadvantages does Copart have? And in terms of dealer cars, are you seeing them sell disproportionately internationally or domestically or a similar mix to your overall? Jeffrey Liaw -- President and Chief Executive Officer North America I'd say in the first instance similar but indexed more internationally because they tend to be higher-value cars than our insurance cars. So the insurance mix will include some very low-value cars end up transacting almost locally though economically the ones that matter, of course, are the higher-end units. Those tend to go internationally as do the dealer cars as well. In terms of the share factor you described as with all of our customers the -- what matters to them are the results in the end, what are the delivered prices that we can achieve at auction. So it's auction liquidity and prices that matter the most to dealers by far and we continue to deliver for them and thus earn the right to sell still more of their cars. Peter Lucas -- CJS Securities -- Analyst Great. And just one last one for me, sticking with the dealer cars. Do all your dealer cars go to a Copart location or can you sell them without bringing them to a yard? And if not, do you anticipate being able to do that in the future? Jeffrey Liaw -- President and Chief Executive Officer North America I think we're today not commenting long term on where our product might go. Today when a vehicle sells either before or after it is sold, it is still -- it is brought to a Copart location. Peter Lucas -- CJS Securities -- Analyst Great. Very helpful. Thanks. Congrats on the quarter and I'll jump back in the queue. Jeffrey Liaw -- President and Chief Executive Officer North America Thanks, Peter. Operator Our next question is from Stephanie Benjamin with Truist. Please proceed with your question. Stephanie Benjamin -- Truist Securities -- Analyst Hi. Good afternoon. Jeffrey Liaw -- President and Chief Executive Officer North America Hi, Stephanie. Stephanie Benjamin -- Truist Securities -- Analyst I wanted to touch a little bit on some of the demand levels you're seeing, particularly from international buyers. Do you feel like they're buying at a greater rate than we saw pre-COVID level? I'm just trying to get a function of what has been lower assignments versus the supply side and just the demand level. So I'm just trying to get an idea of how healthy the buyers are at this time. Jeffrey Liaw -- President and Chief Executive Officer North America I would describe the buyers as very healthy in the aggregate. The international buyers are purchasing -- are bidding and purchasing at plus or minus the same rates as they were pre-pandemic. Now that's with everything having shifted very meaningfully. With ASPs up 48%, they tend to buy higher-value cars on average than our domestic buyers and their activity has grown proportionately during the pandemic. Stephanie Benjamin -- Truist Securities -- Analyst Great. Thank you. And then I'd love to get an update on where you stand internationally, particularly with the Germany -- the Germany operation and continuing to switch over to consignment model. I believe beforehand, you were doing some pilots with the consignment model. So, any update there? Jeffrey Liaw -- President and Chief Executive Officer North America Briefly so. We continue to invest in Germany in the form of land, technology, people and infrastructure. We are, as you know, selling vehicles on a consignment basis for multiple insurance carriers as well as selling vehicles as a principle there as well, as I think we described in much, much greater detail probably six, seven, eight earnings calls ago. But we continue to make good progress there. We are -- the key linchpin as you noted being to convert the market to a Copart style auction and gross settlement away from the historical listings -- listing service/net settlement model. The results continue to bear up. This is an economically superior path for insurance carriers long term as well as a superior policyholder experience as well. So nothing has particularly changed in our approach and our results continue to warrant further investment in Germany and elsewhere in Western Europe. Stephanie Benjamin -- Truist Securities -- Analyst Got it. And then last for me, more high level. I'm curious, especially given the events over the last year as well as some significant investments that you guys have made, but when you guys have conversations with your insurance customers as well as even some of your non-insurance customers where clearly [Phonetic] that business is growing, what are they asking for from you guys as a preferred partner and what are they looking for in terms of services, digital tools and has that changed at all in the last year? Jeffrey Liaw -- President and Chief Executive Officer North America Great question, Stephanie. I think it has changed. I think there is certainly much more virtual work being done by all participants in the ecosystem, ourselves included, but certainly our insurance carriers among others of our sellers. They want more handled virtually, more by phone, more by text, more through our various applications that we provide to them. So that's certainly one of the demands that is -- that we have met. It has helped that we've been natively digital, so to speak. We've been operating online only auctions since 2003. So this is already a language that we spoke fluently. We've already been operating internationally. So we know what it means to operate this business remotely in many cases and we're able to do so well and to accommodate our customers who, in some cases, had not been accustomed to such an approach. So those are some of the specific pandemic-related requests we've gotten for certainly video services or virtual communication in lieu of in-person interaction. Stephanie Benjamin -- Truist Securities -- Analyst Great. Thank you so much. Jeffrey Liaw -- President and Chief Executive Officer North America Thanks, Stephanie. Operator Our next question is from Craig Kennison with Baird. Please proceed with your question. Craig Kennison -- Baird -- Analyst Hey. Good morning and thanks for taking my questions as well. It's really a big-picture question that goes to one of your core advantages, which I think is your member consolidation and cultivation globally. How would you frame the size and scale of your global buyer network and how does it compare to your competition? Jeffrey Liaw -- President and Chief Executive Officer North America I think the latter half of your question, Craig, harder for us to opine on since we don't have first-hand visibility into their own buyer network. But I would say this is largely the result of having what I think is a multiple-decade advantage in pursuing the international markets. Being online, I think, is essential to accessing that portion of the marketplace. We have been investing for years in physical and digital media, in physical infrastructure and physical presence in those markets. We respond to early signs of a market showing promise as buyers of Copart vehicles. We also will anticipate certain markets that makes sense for Copart vehicles and plant seeds there. So this is the product of multiple decades of investments in that regard, which we think ultimately manifests itself at auction in the form of returns, but comparatively difficult for us to know. We do believe it's a distinct advantage for us. Craig Kennison -- Baird -- Analyst Thanks, Jeff. And then, John, maybe could you frame your capex outlook for this year and maybe next couple of years and where you expect to target your investment dollars? John North -- Chief Financial Officer I think in short, Craig, we are still very much in investment mode. You may remember from, if I get my date straight, probably the May 2016earnings callwhen we launched the 20/20/20 initiative, which was to open 20 new yards and expand 20 yards inside of 20 months. As it turns out that was not nearly ambitious enough. We have far exceeded that and continue to expect to invest in land and infrastructure for at least the next few years. I think this is always a dynamic question. As you know, Craig, it takes a long time to permit and acquire land. We've taken the pandemic as an opportunity to opportunistically turn it up to buy land perhaps or buy or permit land perhaps would have previously been difficult to pursue. So we view ourselves very much still in investment mode. Craig Kennison -- Baird -- Analyst And lastly, maybe just to follow up on the land acquisition piece. When you buy land, to what extent you have knowledge of potential share gains that would immediately consume that land or is it not the case that you can kind of align your share gain opportunity with where you acquire that property? John North -- Chief Financial Officer I think the -- our aperture is wider than that. It's not per se customer-specific or even time bound or narrowly so. I think we buy land when we are currently congested or foresee potential congestion in our serving the industry broadly and that could include market share gain in certain markets. But it's about being a good steward of industry owning this land to make sure that we can control our own destiny and deliver that service for our customers for the next 50 years, not the next three. So in short, yes, those kinds of account-specific considerations certainly factor into our decisions, but overwhelmingly it's more about just having enough to serve the industry today and tomorrow. Craig Kennison -- Baird -- Analyst Got it. Thank you. Operator Our next question is from Bret Jordan with Jefferies. Please proceed with your question. Bret Jordan -- Jefferies -- Analyst Hi. Good morning, guys. Jeffrey Liaw -- President and Chief Executive Officer North America Hey, Bret. Bret Jordan -- Jefferies -- Analyst To follow up on that capex question, I guess, if you could talk maybe about land investment in US versus international markets sort of how much of that capex is weighted to geographic expansion. And then if you could talk a little bit about capacity utilization. You talked about when you feel congestion building out incremental real estate, but could you just maybe give us a feeling for capacity utilization as we stand? John North -- Chief Financial Officer Sure. To your first question, the strong majority of the capital expenditure is still in what I think, in your mind, we would characterize as incumbent Copart markets. So that's the UK, Canada, US, Brazil with growth to come in Germany and Spain and Western Europe, but that is certainly not a very substantial portion of the capex to date. Jeffrey Liaw -- President and Chief Executive Officer North America Your second question, Bret, was? Bret Jordan -- Jefferies -- Analyst Capacity utilization. We sort of looked at your existing real estate footprint, what are we utilizing? Jeffrey Liaw -- President and Chief Executive Officer North America Capacity utilization, a challenging subject to address directly in part because our land is not fungible as you know. So having excess capacity in city one, or in Salt Lake City, for example, does not benefit you at all in Minneapolis or in Miami and so end up being a microeconomic decision, not a macroeconomic one. So we don't actually track measure or reports per se on capacity utilization US wider [Phonetic] certainly globally speaking. We look so within metropolitan areas. And so, capacity utilization then we target our capex based on where capacity utilization is either higher today or could be high or could be high in a catastrophic event. We will factor all of that into those microeconomic decisions, but it isn't by and large an overall global. We are 2% higher than we were a year ago. That's not a metric that guides our business. Bret Jordan -- Jefferies -- Analyst Okay. And then a quick question on ASP. You've said that it was not really mix driven, but it sounds like the dealer cars are typically higher value. Jeffrey Liaw -- President and Chief Executive Officer North America Correct. Bret Jordan -- Jefferies -- Analyst Could you sort of just give us sort of a description of how -- what a dealer car looks like versus the Company average, maybe transaction value or -- and is the fee structure comparable for dealer cars as it is for the insurance business? Jeffrey Liaw -- President and Chief Executive Officer North America The -- our auction platform, regardless of the source of the vehicle, has the same fee structure, so to speak. So as a buyer at one of our auctions you would be indifferent as to the source of the vehicle. In terms of the selling price. we haven't provided that specific disclosure. But it is higher -- meaningfully higher than our average insurance car, though they over time, I think it is the rising insurance values as well. It is decreasing total loss frequency. It is the safety technology that makes the, quote, typical Copart salvage car look a whole lot more like a drivable car than a wrecked vehicle that will be parted or dismantled or melted down for metal. It's that big shift over time, I think, is expanding the relevant dealer universe to us as well. So there is some overlap, certainly [Phonetic] right, view them as both curves. The curve for the dealer cars certainly has its midpoint higher than the curve for insurance vehicles, but with heavy and increasing overlap, as well. Bret Jordan -- Jefferies -- Analyst Great. Thank you. Jeffrey Liaw -- President and Chief Executive Officer North America Thanks, Bret. Operator Our next question is from Daniel Imbro with Stephens Inc. Please proceed with your question. Daniel Imbro -- Stephens Inc. -- Analyst Yeah. Good morning, guys. Thanks for taking our questions. Jeff, you noted the increased buyers, particularly in emerging markets, are improving liquidity. First, sorry if I missed this, but did you provide global bidder growth or buyer activity growth in the quarter? And then secondly, are you seeing the mix of international bidders increase from newer countries or is it further penetration of existing markets we already kind of have a foothold? Jeffrey Liaw -- President and Chief Executive Officer North America We didn't -- OK, fair question. We didn't disclose specifically the percentage increase, so to speak, but did note that we're increasing domestic buyers' bids and bids per unit both domestically and internationally per [Phonetic] quarter. So I think we -- and that has been true for many quarters. You can go back and check the transcripts that we've said that virtually every time we've been on the phone. In terms of the mix of countries that is -- both are true. It is -- and it's -- there are some microeconomic considerations here. Some countries will have a stronger currency one quarter than others or one year than others. And so you'll see some shift over time, you'll see local economic variables also fluctuate, obviously all dwarfed by the pandemic. So that's the ultimate confounding variable. But in general, we'll see countries ebb and flow. I think that's the benefit of having a true global platform that's online is that we smooth all of that activity in effect by accessing the world's economy [Phonetic] in this period. Daniel Imbro -- Stephens Inc. -- Analyst That's helpful. And to follow up on that, just a theoretical question on the international buyer. If prices keep going up at auction which -- it makes sense why they are and maybe why they will, is there a limit or a natural limit where based on need to make money on the backside of that purchase to where ARPU or ASPs cannot continue to increase or maybe how do you guys think about that just longer term as a factor in your business? Jeffrey Liaw -- President and Chief Executive Officer North America I think the specific answer to the question is for an individual buyer, certainly there is some truth to that that they have to make a margin for whatever their ultimate activity is to rebuild the car, restore the car and sell it again into a used car price environment. So certainly for a given buyer, they would tap out at some point. I think the reason, however, that our international demand has grown so much is that that's not a static buyer. The number of countries and the population share of that country which has access to an automobile and will want access to an automobile is what drives international demand over time. So it's that there are more countries with more of a desire for US, UK, Canadian, Middle East used cars, that's what drives the growth over time, not a specific buyer per se. But there are more countries -- as countries grow wealthier. As you well know, the US and Western Europe have the richest economies and certainly China, Japan and Asian countries as well. But in many -- in most cases the wealthiest country's per capita have the most cars per capita, also have the slowest GDP growth rates as well. So the faster-growing economies with an appetite for vehicles that you and I and everyone on this call takes for granted, very much wants access to a vehicle for education, for employment, for healthcare, leisure, all the reasons we cited a moment ago. And that's trend, I think it's a 50-year trend that will not abate. Daniel Imbro -- Stephens Inc. -- Analyst That's perfect. Really helpful color. And then last one on the non-insurance, I think you mentioned total units were up 30%, dealers were up 26%. Both are impressive. But that does imply that something else within the non-insurance is, as you know, up well over 30% to bring that average up. Curious what other sources of volume within non-insurance were outperforming this quarter to get you to that 30% unit growth. John North -- Chief Financial Officer I think probably not -- I think sharing that level of detail I think will -- maybe sharing more noise than signal. But in general, the rest of that segment includes charities cars, wholesalers, rental car fleets, banks and the like. So it's -- as you know, non-insurance is a bit of a catch-all for us. We certainly think of them individually as separate businesses or separate customer sets to serve. And collectively, as you know, they grew more than that 26%. But I think more detail on that would be more confusing than helpful. Daniel Imbro -- Stephens Inc. -- Analyst Got it. Fair enough. Thanks so much and best of luck. John North -- Chief Financial Officer Thank you. Operator Our next question is from Ali Faghri with Guggenheim. Please proceed which your question. Ali Faghri -- Guggenheim Partners -- Analyst Hi. Thanks for taking my questions. I guess starting on the pricing strength, is there anything that's occurred during the pandemic, changes in the industry dynamics, or your Company specifically that would suggest ASPs could remain structurally higher even after some of the more cyclical factors like constrained used car supply and higher pricing normalized? Jeffrey Liaw -- President and Chief Executive Officer North America Ali, I think the -- what I'd point you to is the -- before the pandemic even, I think it would have been three straight years, maybe more than that, every quarter, year-over-year increases in ASPs. I think the total loss frequency dynamic is the most important driver of our business long term and it naturally drives ASPs upward. As insurance carriers find it more economically rational -- more economically favorable to total more cars over time, those marginal cars are better and better vehicles, less damaged. They are ones with cameras and sensors taken out, not drivetrains. And those have a very wide-ranging set of buyers who want those vehicles. So I think there is a lot to our ASP growth over the years, which is secular. There certainly are cyclical factors. Five years ago we used to talk about scrap metal prices, which obviously less relevant today. Today we're talking about used car prices clearly relevant to us. But I think there are secular portions of this ASP growth which will prove more durable. How exactly, I think is -- what is exactly attributable to either, I think is obviously a difficult intellectual exercise to isolate those variables. Ali Faghri -- Guggenheim Partners -- Analyst Okay. Great. And I guess just as a follow-up. Has the recent surge in pricing caused the insurance companies to maybe change the way they think about the total loss formula, perhaps factoring in salvage pricing to a greater degree than what they've done historically, which should help increase total losses maybe at a faster rate than in the past? Jeffrey Liaw -- President and Chief Executive Officer North America I'd say overall we have seen total loss frequency increase during the pandemic and as we anniversary the pandemic we haven't seen a dramatic shift either. It's more a continuation of the many-decade long trend that I think you're well aware of, Ali, as well. If we were in 1980, a total loss frequency of 4%, today north of 20%, total loss frequency over 40 years has grown five-fold. I'd say over the course of the past year, we've seen a continuation of that trend. not a dramatic shift. The reason for that is that of course the used car price environment has been strong as well. And as you know, the higher -- the higher the value of the intact car before the accident the more prone the carriers are to repair it. So we have had the offsetting effect of very strong salvage returns, which would otherwise, all else equal, drive more volume to total loss. We've also had increase in used car values themselves, which all else equal would drive more cars to repair. The net effect of that I think is a gradual continuation of the favorable trend we've seen for 40 years. Ali Faghri -- Guggenheim Partners -- Analyst Do all insurance companies factor in salvage returns into their total loss formula? Jeffrey Liaw -- President and Chief Executive Officer North America I think to varying degrees. Some carriers will evaluate that economic proposition on every car. Others, meaning they will literally assess. Our machine learning enabled pricing tool we call ProQuote which estimates the value that an insurance carrier can achieve at auction, some carriers will run their ProQuote for every perspective, total loss or literally every claim to see if it makes economic sense to total the car. Others will rely more on rules of thumb that the repair cost exceeds x% of the intact value of the car and use those guideposts to make total loss decisions. Over time more and more are accessing that specific economic decision, which I think leads to a better economic outcome for them. Ali Faghri -- Guggenheim Partners -- Analyst Great. Appreciate that color. And last one for me is with nearly $1 billion of cash on the balance sheet, can you talk about your priorities for deploying that capital? I know, investing in capacity is your priority and you're still very much in investment mode for your earlier comments. But it does seem like you're going to have excess cash beyond that. So want to see how you think about maybe potential M&A buyback specifically and how you balance those two. John North -- Chief Financial Officer Hey, Ali. It's John. I think obviously the first priority is capacity investment as you mentioned. As we've talked about and it has been the trend over the past number of years [Indecipherable] to '16 with 20/20/20 plan. That still remains a primary focus. There are obviously other markets in Western Europe. Our expansion in Germany, Spain and otherwise that are there as well. And then we've been opportunistic to share [Phonetic] capital to shareholders at times in our past. We think that makes sense. I think overall, we like the flexibility. We think that we've been able to take actions in the pandemic that wouldn't have otherwise been possible out of the balance sheet that we had. And so I think we view that as a structural advantage we want to maintain. And other than that we're capitalists. So we're certainly thinking about how to generate the highest return on capital overall, return on invested capital for our shareholders. Ali Faghri -- Guggenheim Partners -- Analyst Great. Thanks, Jeff and John for taking my questions. Jeffrey Liaw -- President and Chief Executive Officer North America Thanks, Ali. Operator Our next question is from Chris Bottiglieri with Exane BNP Paribas. Please proceed with your question. Chris Bottiglieri -- Exane BNP Paribas -- Analyst Hey, guys. Thanks for taking the question. The first one -- hey. The first one is on the deployment of 360 technology, just wanted to see where you stand in terms of roll another technology, how prevalent do you think this will be across inventory. And early, but are you seeing any kind of measurable impact on selling prices because of the technology? Jeffrey Liaw -- President and Chief Executive Officer North America In a word, I think those are the kind of variables that are very hard to isolate, Chris, in a very dynamic environment, right, in which there are a number of variables changing at the same time. For us, the technology, including one you described like, 360 among other such technologies, important for us in terms of the service that we provide sellers. They have use cases for images like that. And so we track that certainly very carefully to make sure we're providing them the best possible service. I don't think we're in a good position to talk about differential auction returns. I don't think there is a fundamental -- there is not a fundamental shift attributable to 360 images in particular. Chris Bottiglieri -- Exane BNP Paribas -- Analyst Got you. That is interesting. And then two, can you talk more about the dealer consignment channel? Are you seeing increased engagement on the buy side of the equation, the sourcing of the buyside of the equation as inventories become more constrained in the industry? And is this how they are going to get a flywheel effect on your ability to source more vehicles from these same dealers? Jeffrey Liaw -- President and Chief Executive Officer North America I think in a word, yes, but I'm not sure -- I'm not sure it's unique to the moment. By that I mean the dealers have grown as a share of our activity on both the sell-side and buy-side and define more broadly to include not just US and Canadian dealers but dealers all around the world, right, a dealer who buys a car and sells it as is or a dealer who buys it will recondition to some extent and then sell as is. That has been very much part of the flywheel effect over the past 10 years, 20 years plus. Chris Bottiglieri -- Exane BNP Paribas -- Analyst Yeah. That's really helpful. Thank you. Operator And our next question is from Ryan Brinkman with JP Morgan. Please proceed with your question. Ryan Brinkman -- J.P. Morgan -- Analyst Hi. Thanks for taking my question. Wanted to ask again around inflation just given it is now a larger part of the national conversation and given the quarter looks to have benefited from higher used car and metals prices. But primarily I'd like to try to zero in, if I can, on the value of your land holdings. So I've been seeing these headlines about how the average price of a home has risen by an incredible like 16.2% year-over-year in April. And haven't really seen or done much research into what the price of, say, undeveloped land or land generally has done. But have seen some other articles recently about your big increases, the value of farmland etc. So just wanted to get your sense of what might be happening with the value of your land. Given that you've been out there in the marketplace so much in recent years buying land, I would think that you have a good sense of the value of your existing properties too. So what is happening with the value of the land? And given that it doesn't get captured into the P&L, how are you thinking about -- or are you thinking about any actions to ensure the increased value gets reflected into the equity value of the Company. I know you have historically preferred to be conservatively capitalized, but would you ever consider maybe like sale leasebacks to raise capital for shareholder-friendly actions or any other kind of actions to try to tap into the value of that land or even just put some estimates out there for shareholders to see so that they could better appreciate any increase in the value that you might have captured here. Jeffrey Liaw -- President and Chief Executive Officer North America Certainly appreciate the question and appreciate the thoughts. I think history would show that the shareholder-friendliest action we have taken is to buy the land and hold it forever. And we view that also as the customer-friendliest approach as well and that we own the land, we control it. We are the stewards of that facility, that capacity on behalf of the insurance industry for the next 50 years plus. So that to me is overwhelmingly the default approach that we would take. As to your question, your IR question more narrowly, about how to ensure that that value is reflected in our stock price. I think to some extent that's academic for us. We own it, we use it, we have virtually never repurposed land that have been permitted for Copart use in part because it's so hard to achieve that. We don't repurpose it for other uses. We will -- we are there today and tomorrow to serve the insurance carriers and to serve our expanding non-insurance sellers as well. So I think -- unfortunately, I think the intention, I know your question is good, but the outcome is effectively academic for us. That land is there to serve our customers. Ryan Brinkman -- J.P. Morgan -- Analyst Very helpful. Thank you. And then would be curious if you have any thoughts on this emerging digital dealer to dealer marketplace that ACV Auctions and KAR Global, TradeRev and BacklotCars businesses operate. And is that a market that you might be interested in participating in? I was just thinking that given that you're primarily a salvage car auction company and need to have, I think, capacity including surge capacity for cat type events, etc. If that might be a way to sort of participate more in the whole car market without crowding out space on your lots for salvage cars? Jeffrey Liaw -- President and Chief Executive Officer North America We certainly evaluate and consider strategic extensions of the sort that you described a moment ago. So I think we recognize that the world is evolving in terms of how vehicles transact. As we noted earlier on the call, we were the first to move rather dramatically in 2003. I think it was less conventionally obvious at the time to move to a pure digital auction platform. We did that 18 years ago. So as for additional shifts from here, we certainly evaluate, experiment etc. as to how we can achieve still greater share of the market over time. I would note that it is against the backdrop of companies of the sort you described who are running digital-only auctions who are performing services on site of the dealer and so forth. It is against that backdrop that we continue to grow that dealer business healthy double-digit rates for years now. So I think that speaks to the power of auction liquidity as well. So the one thing that -- with money you can replicate an app and inspectors and so forth. With money I'm not sure you can replicate auction liquidity and many thousands of bidders and buyers attending online auctions globally. But we will help you achieve the absolute highest and best use and value for your car whether it's here or Estonia or Honduras or Poland or wherever it might be. I think many of the other platforms out there cannot achieve the same. Ryan Brinkman -- J.P. Morgan -- Analyst Okay. Interesting. Thank you. And then just last question, I wanted to ask about the types of things that you consider within your wheelhouse to auction. I know that you've obviously focused on salvage cars, but now also increasingly on whole cars and have gotten more into sort of the crash toys market, right with the personal watercraft and the motorcycles. I don't know if you're doing ATVs or just what other things you might potentially consider doing, heavier equipment, RVs, I don't know. I was at one of your auction yards. It was 10-plus years ago, but you were auctioning then some like fire damaged or smoke damaged furniture or something like that. I don't know if that's ever anything that you would consider again, any sort of tangential moves or you've got enough [Indecipherable] there already? What do you think? Jeffrey Liaw -- President and Chief Executive Officer North America I think that's a long-term possibility, though I think furniture is low on the priority list. But we have extended our auction technology and approach to other arenas. As you know, we acquired a National Powersport Auctions which is not per se in the salvage business, but sells motorcycles, watercraft and other powersports equipment on behalf of financial institutions as well as dealers and that we continue to expand that business as well. So with -- we do believe that our auction technology, our logistics management, our understanding of the regulatory environment, etc. could well be applicable to other markets. We would experiment cautiously and thoughtfully because our core business is obviously critical to us in serving our existing customers in our existing markets as well as priority number one. But we would consider other such extensions as well. Ryan Brinkman -- J.P. Morgan -- Analyst Very helpful. Thank you. Operator Our next question is from Gary Prestopino with Barrington Research. Please proceed with your questions. Gary Prestopino -- Barrington Research -- Analyst Hi, Jeff, John. Hey. Could I get what your global inventories were up or down in the quarter? I didn't get a chance to write that down. Jeffrey Liaw -- President and Chief Executive Officer North America Global inventory at the end of April, at the end of the quarter was up 16% year-over-year. Gary Prestopino -- Barrington Research -- Analyst 16% year-over-year. Okay. And then just a question on the dealer market. How has -- over the years, how has the profile changed of the kind of car you're selling? My understanding of it is that initially it was -- the target market was the 10 to 15-year-old car that the wholesaler was taking off the dealers' hands. Have you, I guess, down-streamed that to a younger kind of vehicle? Are you seeing a lot more of that now? And the real competitive advantage that you have is that auction liquidity that allows you to compete with some of these online platforms that are proliferating in the market? Jeffrey Liaw -- President and Chief Executive Officer North America Yes. In a word, yes. So the cars have become younger so to speak over time in accordance with our insurance volume as well. So as insurance industry it used to total quote old cars, badly damaged cars and increasingly we're seeing lighter damaged and newer vehicles because of the severity and repair costs and sensors [Indecipherable] that market has shifted in that direction and therefore buyers to bear so too then do more of the dealer cars become addressable as well. If you went back 20 years ago, I imagine a good portion of the dealer cars would have been actual wrecked cars that were -- for which the policy holder only had liability coverage, perhaps didn't have collision, didn't want fund the money to repair the car himself or herself, ended up at a dealer, sold for cash or traded in for another car. Those might have been a meaningful portion of the cars that we were selling. Nowadays, however, I think it is now more like drivable whole cars, certainly newer than they were a decade ago. Gary Prestopino -- Barrington Research -- Analyst Okay. Thank you. Jeffrey Liaw -- President and Chief Executive Officer North America Thanks, Gary. Operator [Operator Instructions] And our next question is from John Healy with Northcoast Research. Please proceed with your question. John Healy -- Northcoast Research -- Analyst Thank you, guys. Wanted to ask, kind of a big picture trend question. Jeff, when you look at kind of electrification and think about how that's coming into the car population, how do you see electric vehicles compared to combustion engine vehicles in terms of stacking up, in terms of total loss frequency? And are the proceeds of those vehicles materially different than what you see with kind of your historical book of business? Just kind of curious what the initial findings are there. Jeffrey Liaw -- President and Chief Executive Officer North America Sure. In short, the electric vehicles outperform the average combustion engine vehicle at auction. The returns are meaningfully higher. I think the -- that the root cause of that I think may well be that electric vehicles tend to be cars with a lot of sensors, a lot of technology on the perimeter, more exotic materials in the car to lower the weight and so forth. So in many cases they total more easily. But the return we generated at auction are some of the highest that we achieved for any kinds of -- any kinds of vehicles we sell. So I think the total loss proposition is promising there. I think repairs are difficult. So severity tends to be high. Our repair infrastructure, the handful of public companies as well as the extensive mom and pop network around the US the insurance carriers rely on -- the US, UK, Canada, everywhere that the insurance carriers rely on in most cases are well equipped to manage repairs of combustion engine vehicles. Not yet so for electric cars. So if anything I think that's a tailwind in our favor and the severity will prove to be more extreme still for electric cars. John Healy -- Northcoast Research -- Analyst Great. And then just another theoretical question. With the non-insurance business becoming an even bigger part of the puzzle for you guys, as you look at that business how do you react and how do you feel about potentially getting into aspects of the floor plan financing business? I think it's a polarizing business but it's proven has some pretty good returns to it. So just kind of curious how you see that is -- how you would break that as an opportunity for the Company going forward? Jeffrey Liaw -- President and Chief Executive Officer North America Sure. I think it's -- floorplan for financing certainly broadly available by and large for a given credit-qualified dealer buyer for a car. So that's the space that we would consider but carefully so. It's obviously different in many respects from what we do day to day and so the banking business, not something that has to date been a priority for us to enter. But the kind of thing that's along with auctioning other products and so forth it's in our strategic window, but has not has not been a priority. John Healy -- Northcoast Research -- Analyst Great. Thank you, guys. Jeffrey Liaw -- President and Chief Executive Officer North America Thanks, John. Operator And we have reached the end of the question-and-answer session. And I will now turn the call over to Jeff Liaw for closing remarks. Jeffrey Liaw -- President and Chief Executive Officer North America Great. Thanks everyone for joining our call. We'll look forward to talking to you after the fourth quarter as well. Thanks. Have a good day. Operator [Operator Closing Remarks] Duration: 52 minutes Call participants: John North -- Chief Financial Officer Jeffrey Liaw -- President and Chief Executive Officer North America Peter Lucas -- CJS Securities -- Analyst Stephanie Benjamin -- Truist Securities -- Analyst Craig Kennison -- Baird -- Analyst Bret Jordan -- Jefferies -- Analyst Daniel Imbro -- Stephens Inc. -- Analyst Ali Faghri -- Guggenheim Partners -- Analyst Chris Bottiglieri -- Exane BNP Paribas -- Analyst Ryan Brinkman -- J.P. Morgan -- Analyst Gary Prestopino -- Barrington Research -- Analyst John Healy -- Northcoast Research -- Analyst More CPRT analysis All earnings call transcripts This article is a transcript of this conference call produced for The Motley Fool. While we strive for our Foolish Best, there may be errors, omissions, or inaccuracies in this transcript. As with all our articles, The Motley Fool does not assume any responsibility for your use of this content, and we strongly encourage you to do your own research, including listening to the call yourself and reading the company's SEC filings. Please see our Terms and Conditions for additional details, including our Obligatory Capitalized Disclaimers of Liability. The Motley Fool recommends Copart. The Motley Fool has a disclosure policy. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Validea Peter Lynch Strategy Daily Upgrade Report - 5/20/2021 The following are today's upgrades for Validea's P/E/Growth Investor model based on the published strategy of Peter Lynch. This strategy looks for stocks trading at a reasonable price relative to earnings growth that also possess strong balance sheets. COPART, INC. (CPRT) is a large-cap growth stock in the Computer Services industry. The rating according to our strategy based on Peter Lynch changed from 56% to 87% based on the firm\u2019s underlying fundamentals and the stock\u2019s valuation. A score of 80% or above typically indicates that the strategy has some interest in the stock and a score above 90% typically indicates strong interest. Company Description: 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. The Company provides vehicle sellers with a range of services to process and sell vehicles primarily over the Internet through its virtual bidding third generation Internet auction-style sales technology (VB3). The Company's service offerings include Online Seller Access, Salvage Estimation Services, Estimating Services, End-Of-Life Vehicle Processing, Virtual Insured Exchange (VIX), Transportation Services, Vehicle Inspection Stations, On-Demand Reporting, Department of Motor Vehicle (DMV) Processing, Flexible Vehicle Processing Programs, Buy It Now, Member Network, Sales Process, Copart Dealer Services, CashForCars.com and U-Pull-It. The following table summarizes whether the stock meets each of this strategy's tests. Not all criteria in the below table receive equal weighting or are independent, but the table provides a brief overview of the strong and weak points of the security in the context of the strategy's criteria. P/E/GROWTH RATIO: PASS SALES AND P/E RATIO: PASS INVENTORY TO SALES: PASS EPS GROWTH RATE: PASS TOTAL DEBT/EQUITY RATIO: PASS FREE CASH FLOW: NEUTRAL NET CASH POSITION: NEUTRAL Detailed Analysis of COPART, INC. Full Guru Analysis for CPRT Full Factor Report for CPRT More details on Validea's Peter Lynch strategy Peter Lynch Stock Ideas About Peter Lynch: Perhaps the greatest mutual fund manager of all-time, Lynch guided Fidelity Investment's Magellan Fund to a 29.2 percent average annual return from 1977 until his retirement in 1990, almost doubling the S&P 500's 15.8 percent yearly return over that time. Lynch's common sense approach and quick wit made him one of the most quoted investors on Wall Street. (\""Go for a business that any idiot can run -- because sooner or later, any idiot probably is going to run it,\"" is one of his many pearls of wisdom.) Lynch's bestseller One Up on Wall Street is something of a \""stocks for the everyman/everywoman\"", breaking his approach down into easy-to-understand concepts. About Validea: Validea is an investment research service that follows the published strategies of investment legends. Validea offers both stock analysis and model portfolios based on gurus who have outperformed the market over the long-term, including Warren Buffett, Benjamin Graham, Peter Lynch and Martin Zweig. For more information about Validea, click here The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.""]"
CPRT,2021-05-21,31.1675,31.895,31.1675,31.755,
CPRT,2021-05-24,32.075,32.1418,31.705,32.035,
CPRT,2021-05-25,32.09,32.2335,31.85,31.9575,
CPRT,2021-05-26,31.985,32.0525,31.7125,31.9775,
CPRT,2021-05-27,31.9925,32.5175,31.76,32.1225,
CPRT,2021-05-28,32.0775,32.3326,32.0025,32.2525,
CPRT,2021-06-01,32.36,32.41,31.3696,31.45,
CPRT,2021-06-02,31.4525,31.5775,31.055,31.11,
CPRT,2021-06-03,30.8275,31.015,30.4075,30.905,
CPRT,2021-06-04,31.015,31.305,30.865,31.2575,
CPRT,2021-06-07,31.2275,31.2912,30.7625,31.085,
CPRT,2021-06-08,31.12,31.2312,30.8875,31.0925,
CPRT,2021-06-09,31.17,31.17,30.62,30.6325,
CPRT,2021-06-10,30.6775,31.0125,30.39,30.9825,
CPRT,2021-06-11,31.02,31.415,30.9688,31.21,
CPRT,2021-06-14,31.24,31.46,30.9225,31.42,
CPRT,2021-06-15,31.4825,31.5,31.1875,31.3925,
CPRT,2021-06-16,31.3825,31.5375,31.065,31.425,
CPRT,2021-06-17,31.375,32.095,31.3625,32.0175,
CPRT,2021-06-18,31.6025,32.2125,31.3925,32.035,"First Week of CPRT February 2022 Options Trading Investors in Copart Inc (Symbol: CPRT) saw new options begin trading this week, for the February 2022 expiration. One of the key inputs that goes into the price an option buyer is willing to pay, is the time value, so with 245 days until expiration the newly trading contracts represent a possible opportunity for sellers of puts or calls to achieve a higher premium than would be available for the contracts with a closer expiration. At Stock Options Channel, our YieldBoost formula has looked up and down the CPRT options chain for the new February 2022 contracts and identified one put and one call contract of particular interest. The put contract at the $125.00 strike price has a current bid of $8.90. If an investor was to sell-to-open that put contract, they are committing to purchase the stock at $125.00, but will also collect the premium, putting the cost basis of the shares at $116.10 (before broker commissions). To an investor already interested in purchasing shares of CPRT, that could represent an attractive alternative to paying $128.02/share today. Because the $125.00 strike represents an approximate 2% discount to the current trading price of the stock (in other words it is out-of-the-money by that percentage), there is also the possibility that the put contract would expire worthless. The current analytical data (including greeks and implied greeks) suggest the current odds of that happening are 59%. Stock Options Channel will track those odds over time to see how they change, publishing a chart of those numbers on our website under the contract detail page for this contract. Should the contract expire worthless, the premium would represent a 7.12% return on the cash commitment, or 10.61% annualized — at Stock Options Channel we call this the YieldBoost. Below is a chart showing the trailing twelve month trading history for Copart Inc, and highlighting in green where the $125.00 strike is located relative to that history: Turning to the calls side of the option chain, the call contract at the $130.00 strike price has a current bid of $10.50. If an investor was to purchase shares of CPRT stock at the current price level of $128.02/share, and then sell-to-open that call contract as a ""covered call,"" they are committing to sell the stock at $130.00. Considering the call seller will also collect the premium, that would drive a total return (excluding dividends, if any) of 9.75% if the stock gets called away at the February 2022 expiration (before broker commissions). Of course, a lot of upside could potentially be left on the table if CPRT shares really soar, which is why looking at the trailing twelve month trading history for Copart Inc, as well as studying the business fundamentals becomes important. Below is a chart showing CPRT's trailing twelve month trading history, with the $130.00 strike highlighted in red: Considering the fact that the $130.00 strike represents an approximate 2% premium to the current trading price of the stock (in other words it is out-of-the-money by that percentage), there is also the possibility that the covered call contract would expire worthless, in which case the investor would keep both their shares of stock and the premium collected. The current analytical data (including greeks and implied greeks) suggest the current odds of that happening are 48%. On our website under the contract detail page for this contract, Stock Options Channel will track those odds over time to see how they change and publish a chart of those numbers (the trading history of the option contract will also be charted). Should the covered call contract expire worthless, the premium would represent a 8.20% boost of extra return to the investor, or 12.22% annualized, which we refer to as the YieldBoost. The implied volatility in the put contract example, as well as the call contract example, are both approximately 31%. Meanwhile, we calculate the actual trailing twelve month volatility (considering the last 252 trading day closing values as well as today's price of $128.02) to be 25%. For more put and call options contract ideas worth looking at, visit StockOptionsChannel.com. Top YieldBoost Calls of the Nasdaq 100 » The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
CPRT,2021-06-21,32.18,33.085,32.15,32.93,
CPRT,2021-06-22,33.005,33.0425,32.6975,32.8825,
CPRT,2021-06-23,32.92,33.15,32.7025,32.92,
CPRT,2021-06-24,33.1175,33.185,32.7872,32.8475,
CPRT,2021-06-25,32.9825,33.3675,32.855,33.32,
CPRT,2021-06-28,33.5,33.51,33.14,33.4025,
CPRT,2021-06-29,33.3575,33.6725,33.1825,33.3275,
CPRT,2021-06-30,33.3425,33.4062,32.9125,32.9575,
CPRT,2021-07-01,33.01,33.7675,32.98,33.605,
CPRT,2021-07-02,33.6875,33.9925,33.58,33.81,"Getting In Cheap On Copart, Inc. (NASDAQ:CPRT) Is Unlikely With a price-to-earnings (or ""P/E"") ratio of 37.5x Copart, Inc. (NASDAQ:CPRT) may be sending very bearish signals at the moment, given that almost half of all companies in the United States have P/E ratios under 19x and even P/E's lower than 11x are not unusual. However, the P/E might be quite high for a reason and it requires further investigation to determine if it's justified. Recent earnings growth for Copart has been in line with the market. One possibility is that the P/E is high because investors think this modest earnings performance will accelerate. If not, then existing shareholders may be a little nervous about the viability of the share price. NasdaqGS:CPRT Price Based on Past Earnings July 2nd 2021 Want the full picture on analyst estimates for the company? Then our free report on Copart will help you uncover what's on the horizon. How Is Copart's Growth Trending? In order to justify its P/E ratio, Copart would need to produce outstanding growth well in excess of the market. If we review the last year of earnings growth, the company posted a terrific increase of 21%. The latest three year period has also seen an excellent 119% overall rise in EPS, aided by its short-term performance. So we can start by confirming that the company has done a great job of growing earnings over that time. Looking ahead now, EPS is anticipated to climb by 8.9% during the coming year according to the ten analysts following the company. Meanwhile, the rest of the market is forecast to expand by 17%, which is noticeably more attractive. In light of this, it's alarming that Copart's P/E sits above the majority of other companies. It seems most investors are hoping for a turnaround in the company's business prospects, but the analyst cohort is not so confident this will happen. There's a good chance these shareholders are setting themselves up for future disappointment if the P/E falls to levels more in line with the growth outlook. The Bottom Line On Copart's P/E We'd say the price-to-earnings ratio's power isn't primarily as a valuation instrument but rather to gauge current investor sentiment and future expectations. We've established that Copart currently trades on a much higher than expected P/E since its forecast growth is lower than the wider market. Right now we are increasingly uncomfortable with the high P/E as the predicted future earnings aren't likely to support such positive sentiment for long. This places shareholders' investments at significant risk and potential investors in danger of paying an excessive premium. A lot of potential risks can sit within a company's balance sheet. Take a look at our free balance sheet analysis for Copart with six simple checks on some of these key factors. It's important to make sure you look for a great company, not just the first idea you come across. So take a peek at this free list of interesting companies with strong recent earnings growth (and a P/E ratio below 20x). This article by Simply Wall St is general in nature. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) simplywallst.com. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
CPRT,2021-07-06,33.9175,34.16,33.5175,34.1475,
CPRT,2021-07-07,34.2875,34.7375,34.2125,34.685,
CPRT,2021-07-08,34.375,34.7825,34.07,34.2125,"Copart Reaches Analyst Target Price In recent trading, shares of Copart Inc (Symbol: CPRT) have crossed above the average analyst 12-month target price of $137.67, changing hands for $138.74/share. When a stock reaches the target an analyst has set, the analyst logically has two ways to react: downgrade on valuation, or, re-adjust their target price to a higher level. Analyst reaction may also depend on the fundamental business developments that may be responsible for driving the stock price higher — if things are looking up for the company, perhaps it is time for that target price to be raised. There are 6 different analyst targets within the Zacks coverage universe contributing to that average for Copart Inc, but the average is just that — a mathematical average. There are analysts with lower targets than the average, including one looking for a price of $120.00. And then on the other side of the spectrum one analyst has a target as high as $150.00. The standard deviation is $12.532. But the whole reason to look at the average CPRT price target in the first place is to tap into a ""wisdom of crowds"" effort, putting together the contributions of all the individual minds who contributed to the ultimate number, as opposed to what just one particular expert believes. And so with CPRT crossing above that average target price of $137.67/share, investors in CPRT have been given a good signal to spend fresh time assessing the company and deciding for themselves: is $137.67 just one stop on the way to an even higher target, or has the valuation gotten stretched to the point where it is time to think about taking some chips off the table? Below is a table showing the current thinking of the analysts that cover Copart Inc: RECENT CPRT ANALYST RATINGS BREAKDOWN » Current 1 Month Ago 2 Month Ago 3 Month Ago Strong buy ratings: 5 5 5 5 Buy ratings: 0 0 0 0 Hold ratings: 2 2 2 2 Sell ratings: 0 0 0 0 Strong sell ratings: 0 0 0 0 Average rating: 1.57 1.57 1.57 1.57 The average rating presented in the last row of the above table above is from 1 to 5 where 1 is Strong Buy and 5 is Strong Sell. This article used data provided by Zacks Investment Research via Quandl.com. Get the latest Zacks research report on CPRT — FREE. The Top 25 Broker Analyst Picks of the S&P 500 » The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
CPRT,2021-07-09,34.055,34.6775,34.04,34.6225,
CPRT,2021-07-12,34.6425,35.165,34.6362,34.7875,
CPRT,2021-07-13,34.7675,34.85,34.4,34.575,
CPRT,2021-07-14,34.7475,35.125,34.7475,34.8825,
CPRT,2021-07-15,34.765,35.01,34.4225,34.8725,
CPRT,2021-07-16,34.9375,35.33,34.805,35.035,"First Week of September 17th Options Trading For Copart (CPRT) Investors in Copart Inc (Symbol: CPRT) saw new options become available this week, for the September 17th expiration. At Stock Options Channel, our YieldBoost formula has looked up and down the CPRT options chain for the new September 17th contracts and identified one put and one call contract of particular interest. The put contract at the $135.00 strike price has a current bid of $3.40. If an investor was to sell-to-open that put contract, they are committing to purchase the stock at $135.00, but will also collect the premium, putting the cost basis of the shares at $131.60 (before broker commissions). To an investor already interested in purchasing shares of CPRT, that could represent an attractive alternative to paying $140.26/share today. Because the $135.00 strike represents an approximate 4% discount to the current trading price of the stock (in other words it is out-of-the-money by that percentage), there is also the possibility that the put contract would expire worthless. The current analytical data (including greeks and implied greeks) suggest the current odds of that happening are 67%. Stock Options Channel will track those odds over time to see how they change, publishing a chart of those numbers on our website under the contract detail page for this contract. Should the contract expire worthless, the premium would represent a 2.52% return on the cash commitment, or 14.59% annualized — at Stock Options Channel we call this the YieldBoost. Below is a chart showing the trailing twelve month trading history for Copart Inc, and highlighting in green where the $135.00 strike is located relative to that history: Turning to the calls side of the option chain, the call contract at the $145.00 strike price has a current bid of $3.20. If an investor was to purchase shares of CPRT stock at the current price level of $140.26/share, and then sell-to-open that call contract as a ""covered call,"" they are committing to sell the stock at $145.00. Considering the call seller will also collect the premium, that would drive a total return (excluding dividends, if any) of 5.66% if the stock gets called away at the September 17th expiration (before broker commissions). Of course, a lot of upside could potentially be left on the table if CPRT shares really soar, which is why looking at the trailing twelve month trading history for Copart Inc, as well as studying the business fundamentals becomes important. Below is a chart showing CPRT's trailing twelve month trading history, with the $145.00 strike highlighted in red: Considering the fact that the $145.00 strike represents an approximate 3% premium to the current trading price of the stock (in other words it is out-of-the-money by that percentage), there is also the possibility that the covered call contract would expire worthless, in which case the investor would keep both their shares of stock and the premium collected. The current analytical data (including greeks and implied greeks) suggest the current odds of that happening are 61%. On our website under the contract detail page for this contract, Stock Options Channel will track those odds over time to see how they change and publish a chart of those numbers (the trading history of the option contract will also be charted). Should the covered call contract expire worthless, the premium would represent a 2.28% boost of extra return to the investor, or 13.22% annualized, which we refer to as the YieldBoost. The implied volatility in the put contract example is 28%, while the implied volatility in the call contract example is 25%. Meanwhile, we calculate the actual trailing twelve month volatility (considering the last 252 trading day closing values as well as today's price of $140.26) to be 24%. For more put and call options contract ideas worth looking at, visit StockOptionsChannel.com. Top YieldBoost Calls of the Nasdaq 100 » The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
CPRT,2021-07-19,34.81,35.132,34.6625,34.93,
CPRT,2021-07-20,35.065,36.11,34.975,35.8625,
CPRT,2021-07-21,35.8225,36.1266,35.7525,36.1,
CPRT,2021-07-22,36.5,36.5,35.8625,36.38,
CPRT,2021-07-23,36.5,36.8888,36.39,36.66,
CPRT,2021-07-26,36.5525,36.66,36.2084,36.4875,
CPRT,2021-07-27,36.5025,36.6925,35.975,36.515,
CPRT,2021-07-28,36.515,36.635,36.0925,36.4,
CPRT,2021-07-29,36.525,36.9875,36.28,36.675,
CPRT,2021-07-30,36.5625,36.8,36.2825,36.75,
CPRT,2021-08-02,36.7925,37.0775,36.3875,36.51,
CPRT,2021-08-03,36.6725,37.21,36.57,37.0475,
CPRT,2021-08-04,36.885,37.2662,36.7825,37.0825,
CPRT,2021-08-05,37.085,37.1675,36.6925,37.0525,
CPRT,2021-08-06,37.0725,37.0725,36.4145,36.4975,
CPRT,2021-08-09,36.44,36.5975,36.2688,36.5075,
CPRT,2021-08-10,36.4625,36.635,35.775,35.8325,
CPRT,2021-08-11,35.8975,36.11,35.535,35.8475,
CPRT,2021-08-12,35.72,35.755,35.22,35.34,
CPRT,2021-08-13,35.34,35.4775,34.9225,35.375,
CPRT,2021-08-16,35.26,35.26,34.855,35.1975,
CPRT,2021-08-17,35.075,35.135,34.54,34.7575,"[""Validea Peter Lynch Strategy Daily Upgrade Report - 8/17/2021 The following are today's upgrades for Validea's P/E/Growth Investor model based on the published strategy of Peter Lynch. This strategy looks for stocks trading at a reasonable price relative to earnings growth that also possess strong balance sheets. PCSB FINANCIAL CORP (PCSB) is a small-cap growth stock in the Regional Banks industry. The rating according to our strategy based on Peter Lynch changed from 65% to 81% based on the firm\u2019s underlying fundamentals and the stock\u2019s valuation. A score of 80% or above typically indicates that the strategy has some interest in the stock and a score above 90% typically indicates strong interest. Company Description: PCSB Financial Corporation will be the holding company of PCSB Bank (the Bank). The Bank is a mutual savings bank. The Bank attracts deposits from the general public and utilizes those funds primarily to originate and purchase residential real estate, commercial real estate and business loans, and to purchase investment securities. As of September 30, 2016, the Bank had consolidated total assets of $1.25 billion, total deposits of $1.12 billion and equity of $111.5 million. The Bank's provides commercial lending and deposit opportunities for its customers. The Bank operates in 15 locations, offices located in Dutchess, Putnam, Rockland and Westchester Counties in New York. The Bank's subsidiaries include PCSB Commercial Bank, PCSB Funding Corp. and PCSB Realty Ltd. The following table summarizes whether the stock meets each of this strategy's tests. Not all criteria in the below table receive equal weighting or are independent, but the table provides a brief overview of the strong and weak points of the security in the context of the strategy's criteria. P/E/GROWTH RATIO: PASS SALES AND P/E RATIO: NEUTRAL EPS GROWTH RATE: PASS TOTAL DEBT/EQUITY RATIO: NEUTRAL EQUITY/ASSETS RATIO: PASS RETURN ON ASSETS: FAIL Detailed Analysis of PCSB FINANCIAL CORP Full Guru Analysis for PCSB Full Factor Report for PCSB MAINSTAY DEFINEDTERM MUNICIPAL OPPTYS FD (MMD) is a small-cap value stock in the Misc. Financial Services industry. The rating according to our strategy based on Peter Lynch changed from 0% to 93% based on the firm\u2019s underlying fundamentals and the stock\u2019s valuation. A score of 80% or above typically indicates that the strategy has some interest in the stock and a score above 90% typically indicates strong interest. Company Description: MainStay MacKay DefinedTerm Municipal Opportunities Fund (the Fund), formerly Mainstay Definedterm Municipal Opportunities Fund, is a diversified, closed-end management investment company. The Fund's primary investment objective is to seek current income exempt from regular the United States Federal income taxes (but which may be includable in taxable income for purpose of the Federal alternative minimum tax). The Fund's secondary objective is total return. The Fund may invest in both tender option bond (TOB) floaters and TOB residuals. The Fund may invest in both TOB Floaters and TOB Residuals issued by the same TOB Issuer. The Fund's portfolio of investments includes municipal bonds. The Fund invests in various sectors, including hospital, special tax, electric utilities, industrial development revenue/pollution control revenue (IDR/PCR), water/sewer, toll roads, tobacco and local general obligation. New York Life Investment Management LLC is the Fund's investment advisor and MacKay The following table summarizes whether the stock meets each of this strategy's tests. Not all criteria in the below table receive equal weighting or are independent, but the table provides a brief overview of the strong and weak points of the security in the context of the strategy's criteria. P/E/GROWTH RATIO: PASS SALES AND P/E RATIO: NEUTRAL EPS GROWTH RATE: PASS TOTAL DEBT/EQUITY RATIO: NEUTRAL EQUITY/ASSETS RATIO: PASS RETURN ON ASSETS: PASS FREE CASH FLOW: NEUTRAL NET CASH POSITION: NEUTRAL Detailed Analysis of MAINSTAY DEFINEDTERM MUNICIPAL OPPTYS FD Full Guru Analysis for MMD Full Factor Report for MMD SUPER MICRO COMPUTER, INC. (SMCI) is a small-cap growth stock in the Computer Hardware industry. The rating according to our strategy based on Peter Lynch changed from 0% to 91% based on the firm\u2019s underlying fundamentals and the stock\u2019s valuation. A score of 80% or above typically indicates that the strategy has some interest in the stock and a score above 90% typically indicates strong interest. Company Description: Super Micro Computer, Inc. is engaged in developing and providing end-to-end green computing solutions to the cloud computing, data center, enterprise information technology (IT), big data, high performance computing (HPC) and Internet of Things (IoT)/embedded markets. The Company's solutions range from server, storage, blade and workstations to full racks, networking devices, server management software and technology support and services. The Company sells its server systems and server subsystems and accessories through a combination of distributors, including value added resellers and system integrators, and other equipment manufacturers (OEMs). As of June 30, 2016, the Company offered over 4,950 stock keeping units (SKUs), including SKUs for server and storage systems, serverboards, chassis, power supplies and other system accessories. The Company develops and manufactures server solutions based upon a modular and open architecture. The following table summarizes whether the stock meets each of this strategy's tests. Not all criteria in the below table receive equal weighting or are independent, but the table provides a brief overview of the strong and weak points of the security in the context of the strategy's criteria. P/E/GROWTH RATIO: PASS SALES AND P/E RATIO: PASS INVENTORY TO SALES: PASS EPS GROWTH RATE: PASS TOTAL DEBT/EQUITY RATIO: PASS Detailed Analysis of SUPER MICRO COMPUTER, INC. Full Guru Analysis for SMCI Full Factor Report for SMCI ALPHA AND OMEGA SEMICONDUCTOR LTD (AOSL) is a small-cap value stock in the Semiconductors industry. The rating according to our strategy based on Peter Lynch changed from 0% to 74% based on the firm\u2019s underlying fundamentals and the stock\u2019s valuation. A score of 80% or above typically indicates that the strategy has some interest in the stock and a score above 90% typically indicates strong interest. Company Description: Alpha and Omega Semiconductor Limited is a designer, developer and global supplier of power semiconductors. The Company's portfolio of power semiconductors includes approximately 1,600 products, as of June 30, 2016. The Company's product portfolio consists of two categories: power discretes and power integrated circuits (ICs). The Company's portfolio of products focuses high-volume applications, including personal computers, flat panel televisions, light-emitting diode (LED) lighting, smart phones, battery packs, consumer and industrial motor controls and power supplies for television, computers, servers and telecommunications equipment. The Company sells its products primarily to distributors in the Asia Pacific region, who in turn sell these products to end customers. The Company conducts its operations primarily in the United States, Hong Kong, China, Taiwan, Korea and Japan. Its products are applicable in desktop and tablet personal computers, flat panel displays and televisions. The following table summarizes whether the stock meets each of this strategy's tests. Not all criteria in the below table receive equal weighting or are independent, but the table provides a brief overview of the strong and weak points of the security in the context of the strategy's criteria. P/E/GROWTH RATIO: PASS SALES AND P/E RATIO: NEUTRAL INVENTORY TO SALES: PASS EPS GROWTH RATE: FAIL TOTAL DEBT/EQUITY RATIO: PASS Detailed Analysis of ALPHA AND OMEGA SEMICONDUCTOR LTD Full Guru Analysis for AOSL Full Factor Report for AOSL STRATTEC SECURITY CORP. (STRT) is a small-cap value stock in the Auto & Truck Parts industry. The rating according to our strategy based on Peter Lynch changed from 0% to 93% based on the firm\u2019s underlying fundamentals and the stock\u2019s valuation. A score of 80% or above typically indicates that the strategy has some interest in the stock and a score above 90% typically indicates strong interest. Company Description: STRATTEC SECURITY CORPORATION involves designing, developing, manufacturing and marketing automotive access control products. It offers access control products including mechanical locks and keys, electronically enhanced locks and keys, passive entry passive start systems (PEPS), steering column and instrument panel ignition lock housings, latches, power sliding side door systems, power tailgate systems, power lift gate systems, power deck lid systems, door handles and related products for primarily North American automotive customers. The Company supplies its products under the VAST brand name. The Company's products are shipped to customer locations in the United States, Canada, Mexico, Europe, South America, Korea, China and India, and It provide full service and aftermarket support for each VAST Automotive Group partners' products. The Company provides its customers with engineered access control products, including locksets, fobs, push button ignition systems and other products. The following table summarizes whether the stock meets each of this strategy's tests. Not all criteria in the below table receive equal weighting or are independent, but the table provides a brief overview of the strong and weak points of the security in the context of the strategy's criteria. P/E/GROWTH RATIO: PASS SALES AND P/E RATIO: NEUTRAL INVENTORY TO SALES: PASS EPS GROWTH RATE: PASS TOTAL DEBT/EQUITY RATIO: PASS FREE CASH FLOW: NEUTRAL NET CASH POSITION: NEUTRAL Detailed Analysis of STRATTEC SECURITY CORP. Full Guru Analysis for STRT Full Factor Report for STRT COPART, INC. (CPRT) is a large-cap growth stock in the Computer Services industry. The rating according to our strategy based on Peter Lynch changed from 69% to 87% based on the firm\u2019s underlying fundamentals and the stock\u2019s valuation. A score of 80% or above typically indicates that the strategy has some interest in the stock and a score above 90% typically indicates strong interest. Company Description: Copart, Inc. (Copart) is a provider of online auctions and vehicle remarketing services with operations in the United States (U.S.), Canada, the United Kingdom (U.K.), Brazil, the Republic of Ireland, Germany, Finland, the United Arab Emirates (U.A.E.), Oman, Bahrain, and Spain. The Company operates through two segments: United States and International. The Company provides vehicle sellers with a range of services to process and sell vehicles primarily over the Internet through its virtual bidding third generation Internet auction-style sales technology (VB3). Its vehicle sellers consist primarily of insurance companies, but also include banks, finance companies, charities, fleet operators, dealers and from individuals. It sells the vehicles to licensed vehicle dismantlers, rebuilders, repair licensees, used vehicle dealers, exporters, and in some jurisdictions, to the general public. The following table summarizes whether the stock meets each of this strategy's tests. Not all criteria in the below table receive equal weighting or are independent, but the table provides a brief overview of the strong and weak points of the security in the context of the strategy's criteria. P/E/GROWTH RATIO: PASS SALES AND P/E RATIO: PASS INVENTORY TO SALES: PASS EPS GROWTH RATE: PASS TOTAL DEBT/EQUITY RATIO: PASS FREE CASH FLOW: NEUTRAL NET CASH POSITION: NEUTRAL Detailed Analysis of COPART, INC. Full Guru Analysis for CPRT Full Factor Report for CPRT II-VI, INC. (IIVI) is a mid-cap growth stock in the Semiconductors industry. The rating according to our strategy based on Peter Lynch changed from 0% to 87% based on the firm\u2019s underlying fundamentals and the stock\u2019s valuation. A score of 80% or above typically indicates that the strategy has some interest in the stock and a score above 90% typically indicates strong interest. Company Description: II-VI Incorporated develops and manufactures engineered materials, optoelectronic components and products. The Company has three segments: II-VI Laser Solutions, II-VI Photonics and II-VI Performance Products. The II-VI Laser Solutions segment designs, manufactures and markets optical and electro-optical components and materials sold under the II-VI Infrared brand name and used in carbon dioxide (CO2) lasers, fiber-delivered beam delivery systems and processing tools and direct diode lasers for industrial lasers sold under the II-VI HIGHYAG and II-VI Laser Enterprise brand names. The II-VI Photonics segment manufactures crystal materials, optics, microchip lasers and opto-electronic modules for use in optical communication networks and other consumer and commercial applications. The II-VI Performance Products segment designs, manufactures and markets infrared optical components and high-precision optical assemblies for military, medical and commercial laser imaging applications. The following table summarizes whether the stock meets each of this strategy's tests. Not all criteria in the below table receive equal weighting or are independent, but the table provides a brief overview of the strong and weak points of the security in the context of the strategy's criteria. P/E/GROWTH RATIO: PASS SALES AND P/E RATIO: PASS INVENTORY TO SALES: PASS EPS GROWTH RATE: PASS TOTAL DEBT/EQUITY RATIO: PASS FREE CASH FLOW: NEUTRAL NET CASH POSITION: NEUTRAL Detailed Analysis of II-VI, INC. Full Guru Analysis for IIVI Full Factor Report for IIVI EAST WEST BANCORP, INC. (EWBC) is a large-cap value stock in the Regional Banks industry. The rating according to our strategy based on Peter Lynch changed from 0% to 80% based on the firm\u2019s underlying fundamentals and the stock\u2019s valuation. A score of 80% or above typically indicates that the strategy has some interest in the stock and a score above 90% typically indicates strong interest. Company Description: East West Bancorp, Inc. is a bank holding company. The Company's principal business is to serve as a holding company for East West Bank (the Bank) and other banking or banking-related subsidiaries. The Bank is a California state-chartered bank, which operates in the United States and Greater China. The Bank provides a range of personal and commercial banking services to businesses, business executives, professionals, and other individuals. It operates through three segments: Retail Banking, Commercial Banking and Other. The Retail Banking segment focuses primarily on retail operations through the Bank's branch network. The Commercial Banking segment primarily generates commercial and industrial (C&I) loans and commercial real estate (CRE) loans through the domestic commercial lending operations in California, New York, Texas, Washington, Massachusetts, Nevada and Georgia, and through the foreign commercial lending operations in China and Hong Kong. The following table summarizes whether the stock meets each of this strategy's tests. Not all criteria in the below table receive equal weighting or are independent, but the table provides a brief overview of the strong and weak points of the security in the context of the strategy's criteria. YIELD ADJUSTED P/E TO GROWTH (PEG) RATIO: PASS EARNINGS PER SHARE: PASS TOTAL DEBT/EQUITY RATIO: NEUTRAL EQUITY/ASSETS RATIO: PASS RETURN ON ASSETS: PASS FREE CASH FLOW: NEUTRAL NET CASH POSITION: BONUS PASS Detailed Analysis of EAST WEST BANCORP, INC. Full Guru Analysis for EWBC Full Factor Report for EWBC More details on Validea's Peter Lynch strategy Peter Lynch Stock Ideas About Peter Lynch: Perhaps the greatest mutual fund manager of all-time, Lynch guided Fidelity Investment's Magellan Fund to a 29.2 percent average annual return from 1977 until his retirement in 1990, almost doubling the S&P 500's 15.8 percent yearly return over that time. Lynch's common sense approach and quick wit made him one of the most quoted investors on Wall Street. (\""Go for a business that any idiot can run -- because sooner or later, any idiot probably is going to run it,\"" is one of his many pearls of wisdom.) Lynch's bestseller One Up on Wall Street is something of a \""stocks for the everyman/everywoman\"", breaking his approach down into easy-to-understand concepts. About Validea: Validea is aninvestment researchservice that follows the published strategies of investment legends. Validea offers both stock analysis and model portfolios based on gurus who have outperformed the market over the long-term, including Warren Buffett, Benjamin Graham, Peter Lynch and Martin Zweig. For more information about Validea, click here The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""We Think Copart (NASDAQ:CPRT) Can Manage Its Debt With Ease Legendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility of prices, but whether you will suffer a permanent loss of capital.' So it seems the smart money knows that debt - which is usually involved in bankruptcies - is a very important factor, when you assess how risky a company is. We can see that Copart, Inc. (NASDAQ:CPRT) does use debt in its business. But the real question is whether this debt is making the company risky. What Risk Does Debt Bring? Debt assists a business until the business has trouble paying it off, either with new capital or with free cash flow. If things get really bad, the lenders can take control of the business. While that is not too common, we often do see indebted companies permanently diluting shareholders because lenders force them to raise capital at a distressed price. Of course, debt can be an important tool in businesses, particularly capital heavy businesses. The first step when considering a company's debt levels is to consider its cash and debt together. What Is Copart's Debt? The chart below, which you can click on for greater detail, shows that Copart had US$397.6m in debt in April 2021; about the same as the year before. But on the other hand it also has US$911.9m in cash, leading to a US$514.3m net cash position. NasdaqGS:CPRT Debt to Equity History August 17th 2021 How Healthy Is Copart's Balance Sheet? We can see from the most recent balance sheet that Copart had liabilities of US$413.0m falling due within a year, and liabilities of US$619.5m due beyond that. Offsetting this, it had US$911.9m in cash and US$107.7m in receivables that were due within 12 months. So these liquid assets roughly match the total liabilities. Having regard to Copart's size, it seems that its liquid assets are well balanced with its total liabilities. So while it's hard to imagine that the US$33.3b company is struggling for cash, we still think it's worth monitoring its balance sheet. Despite its noteworthy liabilities, Copart boasts net cash, so it's fair to say it does not have a heavy debt load! Another good sign is that Copart has been able to increase its EBIT by 30% in twelve months, making it easier to pay down debt. The balance sheet is clearly the area to focus on when you are analysing debt. But it is future earnings, more than anything, that will determine Copart's ability to maintain a healthy balance sheet going forward. So if you're focused on the future you can check out this free report showing analyst profit forecasts. Finally, a business needs free cash flow to pay off debt; accounting profits just don't cut it. While Copart has net cash on its balance sheet, it's still worth taking a look at its ability to convert earnings before interest and tax (EBIT) to free cash flow, to help us understand how quickly it is building (or eroding) that cash balance. Looking at the most recent three years, Copart recorded free cash flow of 42% of its EBIT, which is weaker than we'd expect. That's not great, when it comes to paying down debt. Summing up We could understand if investors are concerned about Copart's liabilities, but we can be reassured by the fact it has has net cash of US$514.3m. And we liked the look of last year's 30% year-on-year EBIT growth. So we don't think Copart's use of debt is risky. There's no doubt that we learn most about debt from the balance sheet. But ultimately, every company can contain risks that exist outside of the balance sheet. Case in point: We've spotted 1 warning sign for Copart you should be aware of. At the end of the day, it's often better to focus on companies that are free from net debt. You can access our special list of such companies (all with a track record of profit growth). It's free. This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) simplywallst.com. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.""]"
CPRT,2021-08-18,34.67,35.0725,34.42,34.4425,
CPRT,2021-08-19,34.2412,34.4775,34.06,34.3975,
CPRT,2021-08-20,34.55,35.1675,34.2938,34.995,
CPRT,2021-08-23,34.9625,35.1712,34.7075,34.9,
CPRT,2021-08-24,34.9475,35.4575,34.8575,35.35,
CPRT,2021-08-25,35.27,36.075,35.185,35.9825,
CPRT,2021-08-26,36.0,36.1,35.675,35.7425,
CPRT,2021-08-27,35.8075,36.28,35.7025,36.11,
CPRT,2021-08-30,36.095,36.61,35.9225,36.1125,
CPRT,2021-08-31,36.25,36.3425,35.8425,36.08,
CPRT,2021-09-01,36.15,36.2875,35.76,36.235,
CPRT,2021-09-02,36.3462,36.455,36.005,36.265,
CPRT,2021-09-03,36.175,36.5212,36.02,36.4075,
CPRT,2021-09-07,36.305,36.4775,35.7375,35.75,
CPRT,2021-09-08,35.825,36.1975,35.515,36.1675,"[""Insiders at Copart, Inc. (NASDAQ:CPRT) sold US$168m worth of stock, possibly indicating weakness in the future Over the past year, many Copart, Inc. (NASDAQ:CPRT) insiders sold a significant stake in the company which may have piqued investors' interest. When evaluating insider transactions, knowing whether insiders are buying versus if they selling is usually more beneficial, as the latter can be open to many interpretations. However, when multiple insiders sell stock over a specific duration, shareholders should take notice as that could possibly be a red flag. While insider transactions are not the most important thing when it comes to long-term investing, logic dictates you should pay some attention to whether insiders are buying or selling shares. The Last 12 Months Of Insider Transactions At Copart The CEO & Director, A. Adair, made the biggest insider sale in the last 12 months. That single transaction was for US$40m worth of shares at a price of US$133 each. That means that an insider was selling shares at slightly below the current price (US$143). As a general rule we consider it to be discouraging when insiders are selling below the current price, because it suggests they were happy with a lower valuation. Please do note, however, that sellers may have a variety of reasons for selling, so we don't know for sure what they think of the stock price. This single sale was just 3.5% of A. Adair's stake. Copart insiders didn't buy any shares over the last year. You can see a visual depiction of insider transactions (by companies and individuals) over the last 12 months, below. If you want to know exactly who sold, for how much, and when, simply click on the graph below! NasdaqGS:CPRT Insider Trading Volume September 8th 2021 For those who like to find winning investments this free list of growing companies with recent insider purchasing, could be just the ticket. Insiders at Copart Have Sold Stock Recently Over the last three months, we've seen significant insider selling at Copart. In total, insiders sold US$58m worth of shares in that time, and we didn't record any purchases whatsoever. This may suggest that some insiders think that the shares are not cheap. Insider Ownership Many investors like to check how much of a company is owned by insiders. I reckon it's a good sign if insiders own a significant number of shares in the company. Copart insiders own 10% of the company, currently worth about US$3.5b based on the recent share price. This kind of significant ownership by insiders does generally increase the chance that the company is run in the interest of all shareholders. So What Do The Copart Insider Transactions Indicate? Insiders sold stock recently, but they haven't been buying. Looking to the last twelve months, our data doesn't show any insider buying. But since Copart is profitable and growing, we're not too worried by this. It is good to see high insider ownership, but the insider selling leaves us cautious. So these insider transactions can help us build a thesis about the stock, but it's also worthwhile knowing the risks facing this company. Every company has risks, and we've spotted 1 warning sign for Copart you should know about. But note: Copart may not be the best stock to buy. So take a peek at this free list of interesting companies with high ROE and low debt. For the purposes of this article, insiders are those individuals who report their transactions to the relevant regulatory body. We currently account for open market transactions and private dispositions, but not derivative transactions. This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) simplywallst.com. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""After-Hours Earnings Report for September 8, 2021 : LULU, CPRT, GME, RH, DSGX, HQY, ABM, AVAV, CDMO, CVGW, BBCP, LMNR The following companies are expected to report earnings after hours on 09/08/2021. Visit our Earnings Calendar for a full list of expected earnings releases. lululemon athletica inc. (LULU)is reporting for the quarter ending July 31, 2021. The textile company's consensus earnings per share forecast from the 11 analysts that follow the stock is $1.21. This value represents a 63.51% increase compared to the same quarter last year. In the past year LULU has beat the expectations every quarter. The highest one was in the 2nd calendar quarter where they beat the consensus by 27.47%. Zacks Investment Research reports that the 2022 Price to Earnings ratio for LULU is 55.21 vs. an industry ratio of 20.10, implying that they will have a higher earnings growth than their competitors in the same industry. Copart, Inc. (CPRT)is reporting for the quarter ending July 31, 2021. The auction company's consensus earnings per share forecast from the 5 analysts that follow the stock is $0.89. This value represents a 28.99% increase compared to the same quarter last year. In the past year CPRT has beat the expectations every quarter. The highest one was in the 2nd calendar quarter where they beat the consensus by 36.25%. Zacks Investment Research reports that the 2021 Price to Earnings ratio for CPRT is 40.06 vs. an industry ratio of 61.40. Gamestop Corporation (GME)is reporting for the quarter ending July 31, 2021. The retail company's consensus earnings per share forecast from the 2 analysts that follow the stock is $-0.41. This value represents a 70.71% increase compared to the same quarter last year. RH (RH)is reporting for the quarter ending July 31, 2021. The home furnishings company's consensus earnings per share forecast from the 8 analysts that follow the stock is $6.58. This value represents a 34.29% increase compared to the same quarter last year. In the past year RH has beat the expectations every quarter. The highest one was in the 2nd calendar quarter where they beat the consensus by 16.43%. Zacks Investment Research reports that the 2022 Price to Earnings ratio for RH is 28.86 vs. an industry ratio of 18.80, implying that they will have a higher earnings growth than their competitors in the same industry. The Descartes Systems Group Inc. (DSGX)is reporting for the quarter ending July 31, 2021. The computer software company's consensus earnings per share forecast from the 2 analysts that follow the stock is $0.28. This value represents a 133.33% increase compared to the same quarter last year. In the past year DSGX has met analyst expectations once and beat the expectations the other three quarters. Zacks Investment Research reports that the 2022 Price to Earnings ratio for DSGX is 70.53 vs. an industry ratio of 52.70, implying that they will have a higher earnings growth than their competitors in the same industry. HealthEquity, Inc. (HQY)is reporting for the quarter ending July 31, 2021. The medical services company's consensus earnings per share forecast from the 5 analysts that follow the stock is $0.23. This value represents a 20.69% decrease compared to the same quarter last year. In the past year HQY has beat the expectations every quarter. The highest one was in the 2nd calendar quarter where they beat the consensus by 31.58%. The \""days to cover\"" for this stock exceeds 11 days. Zacks Investment Research reports that the 2022 Price to Earnings ratio for HQY is 68.59 vs. an industry ratio of 16.40, implying that they will have a higher earnings growth than their competitors in the same industry. ABM Industries Incorporated (ABM)is reporting for the quarter ending July 31, 2021. The building maintenance & services company's consensus earnings per share forecast from the 3 analysts that follow the stock is $0.80. This value represents a 6.67% increase compared to the same quarter last year. ABM missed the consensus earnings per share in the 4th calendar quarter of 2020 by -4.17%. Zacks Investment Research reports that the 2021 Price to Earnings ratio for ABM is 13.81 vs. an industry ratio of 19.10. AeroVironment, Inc. (AVAV)is reporting for the quarter ending July 31, 2021. The aerospace and defense company's consensus earnings per share forecast from the 2 analysts that follow the stock is $-0.25. This value represents a 156.82% decrease compared to the same quarter last year. In the past year AVAV has beat the expectations every quarter. The highest one was in the 2nd calendar quarter where they beat the consensus by 26.83%. Zacks Investment Research reports that the 2022 Price to Earnings ratio for AVAV is 38.72 vs. an industry ratio of 40.10. Avid Bioservices, Inc. (CDMO)is reporting for the quarter ending July 31, 2021. The biomedical (gene) company's consensus earnings per share forecast from the 1 analyst that follows the stock is $0.02. This value represents a 66.67% decrease compared to the same quarter last year. In the past year CDMO and beat the expectations the other two quarters. Zacks Investment Research reports that the 2022 Price to Earnings ratio for CDMO is 117.90 vs. an industry ratio of -2.80, implying that they will have a higher earnings growth than their competitors in the same industry. Calavo Growers, Inc. (CVGW)is reporting for the quarter ending July 31, 2021. The agriculture company's consensus earnings per share forecast from the 2 analysts that follow the stock is $-0.18. This value represents a 124.66% decrease compared to the same quarter last year. Zacks Investment Research reports that the 2021 Price to Earnings ratio for CVGW is 120.20 vs. an industry ratio of 6.10, implying that they will have a higher earnings growth than their competitors in the same industry. Concrete Pumping Holdings, Inc. (BBCP)is reporting for the quarter ending July 31, 2021. The waste removal company's consensus earnings per share forecast from the 3 analysts that follow the stock is $0.10. This value represents a 150.00% increase compared to the same quarter last year. The \""days to cover\"" for this stock exceeds 11 days. Zacks Investment Research reports that the 2021 Price to Earnings ratio for BBCP is 38.26 vs. an industry ratio of -556.00, implying that they will have a higher earnings growth than their competitors in the same industry. Limoneira Co (LMNR)is reporting for the quarter ending July 31, 2021. The agriculture company's consensus earnings per share forecast from the 3 analysts that follow the stock is $0.18. This value represents a 80.00% increase compared to the same quarter last year. LMNR missed the consensus earnings per share in the 4th calendar quarter of 2020 by -100%. The \""days to cover\"" for this stock exceeds 17 days. Zacks Investment Research reports that the 2021 Price to Earnings ratio for LMNR is -119.62 vs. an industry ratio of 6.10. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.""]"
CPRT,2021-09-09,35.1225,35.9778,34.3,35.5225,"[""S&P 500 Analyst Moves: CPRT The latest tally of analyst opinions from the major brokerage houses shows that among the components of the S&P 500 index, Copart is now the #65 analyst pick, moving up by 78 spots. This rank is formed by averaging the analyst opinions for each component from each broker, and then ranking the 500 components by those average opinion values. Looking at the stock price movement year to date, Copart is showing a gain of 10.2%. VIDEO: S&P 500 Analyst Moves: CPRT The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Copart, inc (CPRT) Q4 2021 Earnings Call Transcript Image source: The Motley Fool. Copart, inc (NASDAQ: CPRT) Q4 2021 Earnings Call Sep 9, 2021, 11:00 a.m. ET Contents: Prepared Remarks Questions and Answers Call Participants Prepared Remarks: Operator Good day everyone and welcome to the Copart Incorporated Fourth Quarter Fiscal 2021 Earnings Call. Just a reminder, today's conference is being recorded. For opening remarks, I would like to turn the call over to Mr. John North, Chief Financial Officer of Copart Incorporated. Please go ahead, sir. 10 stocks we like better than Copart When our award-winning analyst team has a stock tip, it can pay to listen. After all, the newsletter they have run for over a decade, Motley Fool Stock Advisor, has tripled the market.* They just revealed what they believe are the ten best stocks for investors to buy right now... and Copart wasn't one of them! That's right -- they think these 10 stocks are even better buys. See the 10 stocks *Stock Advisor returns as of August 9, 2021 John North -- Chief Financial Officer Thanks, good morning. During today's call, we'll discuss certain non-GAAP measures, which include adjustments to reverse the effect of certain discrete income tax items, acquisition-related integration charges, foreign currency related gains and losses, certain income tax benefits and payroll taxes related to accounting for stock option exercises. We provided a reconciliation of these non-GAAP financial measures to the most directly comparable GAAP measures in our Investor Relations website and in our press release issued yesterday. We believe these non-GAAP measures together with our corresponding GAAP measures are relevant in analyzing our results and then assessing our business trends and performance. In addition, our comments today include forward-looking statements within the meaning of federal securities laws, including management's current views with respect to trends, opportunities and uncertainties in our markets including the COVID-19 pandemic. These forward-looking statements involve substantial risks and uncertainties. For more detail on the risks associated with our business, we refer you to the section titled Risk Factors in our Annual Report on Form 10-K for the year ended July 31, 2020 and each of our subsequent quarterly reports on Form 10-Q. Any forward-looking statements are made as of today and we have no obligation to update or revise any forward-looking statements. So, now that we've got the Safe Harbor language out of the way, I'll turn the call over to Jeff Liaw, our President. Jeffrey Liaw -- President and Chief Executive Officer North America Thanks, John and good morning, everyone and thanks for joining us for a review of our fourth quarter and fiscal 2021. We're pleased with the results for the year, another record-setting quarter on multiple dimensions. We look forward to discussing some of the underlying factors in the business with you as well. The big news of course since we last spoke with you in May has been the emergence of the delta variant of COVID-19. Nevertheless, we've seen ongoing recovery across the industry, including key measures such as vehicle miles traveled published by the Department of Transportation, gasoline consumption and the like. So, we're beginning to see the return to normal driving activity, accident volumes, etc., though we noted still likely down on an apples-to-apples basis versus two years ago. Given the growth in our business, nonetheless, our inventory levels we'll talk about in a bit, are up meaningfully year-over-year and up double digits versus July 2019 as well and due to several drivers we'll discuss later on the call as well our average selling prices. The values we generate for our customers remain elevated and are in fact at all time highs. Before we dig in, I wanted to take a moment to acknowledge the Copart cap team, which has had an active and productive few weeks certainly. As many have projected over the years, we are seeing more severe weather events with each passing year and just recently have observed flooding and other severe weather in Germany, in Tennessee, Louisiana, Mississippi, Alabama and now of course Hurricane Ida in the Northeastern United States. We're watching all of those affected in those communities, including our employees, our own team members, the very best and a speedy recovery. Hundreds of us, myself included, were in the Northeast over the weekend and we have still more Copart team members headed their leading the charge from here forward. We'll discuss the financial implications of these events -- of these recent weather events in future quarters, but the first order of business is always is to serve our customers and to take care of our own people. I wanted to start with a couple of statistics that we provide every quarter and close with a handful of remarks about the future as well. Our global unit sales for the quarter increased 25% year-over-year with the U.S. increase of 26% and an international increase of 18.5% year-over-year. We continue to see more aggressive COVID-19 measures in many of our international markets than we have here in the U.S., which has caused more of a volume reduction or less volume growth in those markets. Within the U.S., our insurance business grew significantly year-over-year versus the fourth quarter of 2020. That is the net effect of lower driving activity -- well increased driving activity year-over-year, still slightly lower driving activity, but on a two-year basis, we had increase in claims frequency and increase in total loss frequency as well. Our non-insurance business, which we talk about each quarter, includes dealer consignments, wholesales and charities business, our Copart direct business in which we buy cars from consumers and institutional volume as well. We've historically provided the unit growth, in particular, excluding wholesalers and charities and on that basis, our U.S. non-insurance business grew 17% year-over-year, including a solid growth for our dealer consignment business despite inventory shortages of course throughout the automotive industry. Our strong used car prices or used vehicle prices are driving strong returns and therefore consignment growth across these non-insurance categories. Our global inventory at the end of July increased 21.7% compared to a year ago and double-digit growth on a two-year basis as well. That's comprised of a year-over-year increase of 28% for U.S. inventory and a decline of 13% for international inventory, attributable to the COVID-19 measures I've described a few moments ago. We are especially proud of the record average selling prices that we're delivering for our customers. The ASP strength is a reflection in part of course of market dynamics for used vehicles, but it's also a byproduct of our member recruitment and retention efforts. ASPs worldwide grew 20.7% for the quarter with U.S. ASPs of 20.6%. The question we often get is how much of that is attributable to mix shift and it's not. So our insurance ASPs are up, comparable levels are even up more still than that. While growth in used car prices have, of course, contributed to our ASP growth, our selling prices throughout the pandemic and prior to it as well, has generally grown at a rate in excess of that of used car prices as well that being a reflection of the marketing member recruitment efforts I mentioned a moment ago. The Manheim Index, which is one of those third-party indices we do track is at 194.5 for the month of August, an increase of 18.8% year-over-year. We track other indices as well, which would provide similar directional guidance. Our average selling prices are certainly the ultimate output metric for auction liquidity, but the underlying figures that support that notion -- the notion of the flywheel effect certainly continue as well. In the fourth quarter, we noted more bids per unit, more domestic bids per unit, more international bids per unit, all compared to a year ago, our auction liquidity is stronger than it has ever been. The natural questions of course will continue to be about what happens after the pandemic -- dread of the pandemic goes away. I think we certainly hold an appropriate level of humility given the once in a lifetime nature of the event and our comments will largely be U.S. centric, but I think it's worth we begin some of these longer-term assumptions we've talked about on prior calls and how they've been affected by the pandemic. Driving activity certainly is rebounding by the measures we have seen, gasoline consumption and vehicle miles traveled, but not yet back to 2019 levels. We continue to believe that longer-term mobility will continue to grow that miles per person in the U.S., but certainly in our emerging markets in many of the countries that are buying our highest value vehicles will grow significantly. We saw accident and claims frequency decline somewhat during the pandemic, but it actually increased relative to miles driven, that is a new learning for us in the pandemic to see. I think the historical conventional wisdom has always been that if there are fewer vehicle miles traveled that accident frequency per miles traveled will decrease, but in effect or in actual practice, we've seen arguably more distracted driving certainly higher speed driving and therefore accident frequency can in some respects be inversely related to vehicle miles traveled, accident frequency per miles driven. On total loss frequency, the most important driver of our business long term that we talked about at length in the past, we've seen that increase during the pandemic as well and I wanted to offer one addendum to that in a moment. On the durability of ASPs, we note the longer-term trends in favor of ASPs. We continue to see increasing demand from emerging economies for the wrecked vehicles from the U.S., U.K., Canada, other mature economies. These emerging economies are especially eager to purchase our vehicles, which are wrecked and total vehicles become their drivable fleet. That trend has been a 30, 40-year trend and we think will be so for the foreseeable future. I wanted to know one important consideration that I think can be easily overlooked. The natural questions are about when if the selling prices -- when the selling prices could face weakness in light of an eventual recovery in semiconductors and new cars and the like. What I think is sometimes misunderstood that all else equal, high ACVs or high pre-accident values actually reduce total loss frequency. The higher, the more cars work before the accident, all else equal to more prone it is to be repaired and so eventually certainly if there is a decline in ASPs or decline in vehicle values, the offsetting consideration is that we would see higher total loss frequency and therefore higher consignment volume. We continue to make our operating and strategic decisions predicated on the expectation of long-term growth post pandemic, consistent certainly with what we've communicated over the years. We're grateful for the strong financial performance this quarter against the backdrop of a pandemic and now severe weather events all over the world. It can feel awkward to sound a congratulatory tone on the call, but nonetheless, we're certainly pleased with our results in the fourth quarter, excited about the year ahead. Our business is stronger than it has ever been. The quality of our team, the sophistication of our technology stack and the depth of our auction liquidity, we think is yielding better results than ever for our customers. With that, let me turn it over to our CFO, John North. John North -- Chief Financial Officer Thanks, Jeff. I'll make a few comments on more of our operational results and then we can open up for some questions. For the fourth quarter, global revenue increased $223 million or 42%, including a $12 million benefit due to currency. Global service revenue increased $162.4 million or 36%, primarily due to higher average selling prices. U.S. service revenue grew 36% and international experienced an increase of 29%. Purchased vehicle sales increased $60.6 million or 89% due to higher ASPs and increased volumes. U.S. purchased vehicle revenue was up 99% over the prior year and international grew 73%. As a result, purchased vehicle gross profit, defined as vehicle sales less cost of vehicle sales, increased by $1.6 million overall. Global gross profit in the fourth quarter increased by $107.1 million or 43% and our gross margin percentage increased by approximately 11 basis points to 48%. U.S. margins improved from 50% to 51%, driven primarily by higher ASPs and international margins decreased from 34% to 30% due to a higher purchased vehicle mix at lower margins, partially offset by higher ASPs and cost leverage. I'll now move to discussion of G&A expenditures excluding stock compensation and depreciation expense. G&A spend increased $5 million from $34.6 million a year ago to $39.7 million in 2021, but decreased from 6.6% of revenue to 5.3% of revenue this year, an improvement of 130 basis points. We anticipate G&A to continue to improve as a percentage of revenue in future years. As a result, our GAAP operating income increased by 47% from $205.7 million to $301.5 million. We delivered 114 basis points of operating margin improvement due to revenue growth from strong ASPs and leveraging volume. Net interest expense increased $0.2 million or 5% year-over-year, primarily due to our upsized revolving credit facility, which we upsized in July of last year. Before income tax expense was $43.1 million at 14.4% effective tax rate, reflecting an $11 million tax benefit on the exercise of employee stock options, which have been adjusted for purposes of the non-GAAP earnings included in our release. On a non-GAAP basis, our effective tax rate would have been 17.6% and our full year rate would have been a normalized 20.8%. Fourth quarter GAAP net income increased 55% from $165.5 million last year to $256 million this year, adjusted to remove the effects of currency, acquisition-related costs and the tax benefit on the exercise stock options. Non-GAAP net income increased 51% from $163.4 million last year to $247.3 million in the fourth quarter of this year. For fiscal year '21 on a full year basis, global revenue increased $486.9 million or 22%, including a $31.6 million benefit due to currency. Global gross profit increased $335.3 million or 33% and our gross margin percentage increased by 419 basis points to 50%. Operating income increased 39% to $323 million and operating margin improved by 521 basis points. Finally, GAAP net income increased 33 -- 34%, excuse me, from $699.9 million last year to $936.5 million this year and non-GAAP net income increased 45.7% from $610.5 million last year to $889.7 million this year. Now to briefly update our liquidity and cash flow highlights as of July 31, 2021, we had $2.1 billion of liquidity comprised of over $1 billion of cash and cash equivalents and an undrawn revolving credit facility with a capacity of over $1 billion. This is an increase of $570.5 million over July 31st of last year. Operating cash flow for the quarter decreased by $38.2 million year-over-year to $228.7 million, primarily driven by working capital investments as we increased inventory levels, which Jeff spoke about a few moments ago. We invested $98.6 million in capital expenditures for the quarter and approximately 76% of this amount was attributable to capacity expansion. For the year, we invested $463 million in capex, of which approximately 85% was associated with capacity expansion. We continue to prioritize investing in physical infrastructure above other choices and believe this continued investment is creating a durable advantage in our ability to handle increasing numbers of total loss vehicles and adjacent opportunities in the whole car marketplace. We continue our relentless focus on investing for the future in both capacity and technology, while maintaining conservative capital structure that allows operational flexibility, regardless of economic changes or transitory market dynamics. And I will conclude our prepared remarks this morning and we're happy to open it up for some questions. Questions and Answers: Operator [Operator Instructions] Our first question today is coming from the line of Bob Labick with CJS Securities. Please proceed with your question. Bob Labick -- CJS Securities -- Analyst Good morning and congratulations on fantastic results. Jeffrey Liaw -- President and Chief Executive Officer North America Hi, Bob. Thank you. Bob Labick -- CJS Securities -- Analyst Yes. So, I wanted to start obviously really, really strong sales growth. I mean, you talked about inventory a little bit too, but kind of looking sequentially from last quarter to this quarter on the service revenue basis, service revenues were roughly flat, but yard expenses were up sequentially quite a bit. Is that all inventory build? And is that kind of -- is inventory seasonally building at this point or are there other factors behind it? And if it's not inventory, what are the other drivers between the cyclical yard cost increase on flat revenues? Jeffrey Liaw -- President and Chief Executive Officer North America Fair question Bob and that is certainly a healthy portion of the explanation, is that the activity becomes from inventory growth. This is -- the fourth quarter is not historically an inventory build quarter for us. We tend to build in the second quarter in particular ending in January through the winter, to some extent in the third. The fourth quarter is usually a quarter in which we are liberating inventory and preparing for the seasons ahead. This year, in part because of the pandemic effect and in part because of growth in the business, for the reasons we talked about a little while ago, yes, that is a meaningful portion of the driver of yards costs. Bob Labick -- CJS Securities -- Analyst Got it. Okay, great. And I know you touched on this, Jeff, but just maybe if you could kind of wrap it up in terms of the insurance growth is recovering. How do you put us versus -- now versus the pre-20 -- pre-pandemic levels in terms of insurance activities and how long do you think it takes to get back to a kind of a normalized rate of driving accidents, etc., looking ahead? Jeffrey Liaw -- President and Chief Executive Officer North America Yes, that's the right question and almost an impossible one. My answer might be different even in June when the vaccines were rolling out and I thought that we were on our way to being done with it all and then the delta variant emerged and we've seen of course case counts rise again in many of -- certainly across the U.S. and in many of our other markets as well. So, I think the forecast is I don't know that we would have a more insightful perspective about the unwinding of COVID-19 that others might. On driving activity, we looked at the same metrics you might, which is the DoT data, the gas consumption data. We have certainly information from our insurance company clients as well, which would suggest huge growth versus the fourth quarter of last year, but not yet back to fourth quarter 2019 levels. When that bounces back, I don't -- candid answers we don't know. I would guess smaller quarters though. Bob Labick -- CJS Securities -- Analyst Got it. Okay, great. And then last one for me. Obviously, Copart -- dealer cars have been a big growth driver and you've been talking about it as such for quite some time. How does the type car -- like the ASP for your dealer cars compared now to maybe two or three years ago, obviously adjusting for the Manheim Used Car Index? I guess another is, are you still selling the same mix of cars you were before, presumably aged inventory older cars etc., or have you expanded the mix and what is the typical Copart dealer car look like now? Jeffrey Liaw -- President and Chief Executive Officer North America Yes, I think the quote is typical car, as you're describing, looks somewhat similar, though higher ASP and off the cuff likely even adjusted for the Manheim index and that the natural liquidity pool for us as you know from the insurance side of things becomes a better and less damaged and more valuable car over the years. That's been true forever as you know. That therefore has cultivated a different buyer base, different member base who is looking for a drivable car and that in turn -- that liquidity has benefited us on the dealer side. That trend certainly continues and I think if you visited some of our yards, you'd be astonished by some of the high value Range Rovers and European vehicles that you would see on the lots that at least on their surface look perfectly good and perfectly functional in many cases are. So it is a gradual shift over time. This is not an overnight shift, but the liquidity certainly has nudged us up market so to speak and certainly in our Copart dealer business as well. Bob Labick -- CJS Securities -- Analyst Okay, super. Congratulations again. Thank you so much. Jeffrey Liaw -- President and Chief Executive Officer North America Thanks, Bob. Operator The next question is from the line of Stephanie Moore with Truist. Please proceed with your question. Stephanie Moore -- Truist -- Analyst Hi, good afternoon. Jeffrey Liaw -- President and Chief Executive Officer North America Hey, Stephanie. Stephanie Moore -- Truist -- Analyst I wanted to touch a little bit on the impact of the catastrophic events that have really swept the globe over the last couple of months. First, some of the pretty deadly flooding we saw across the Europe, particularly in Germany and any impact that had on the quarter or expectations for the coming quarter in that particular, as well as what we should expect in the U.S.? And maybe you can remind us, I know there's been a lot of efforts to expand your catastrophic capabilities to make it so -- it's somewhat more profitable or profitable given the situation. So any update you can provide generally would be helpful. Thank you. Jeffrey Liaw -- President and Chief Executive Officer North America Sure. Thanks. That may be -- the significant catastrophic activity has largely occurred after the quarter. So, in the United States, in particular, we did experience some flooding in the U.S. and in Germany prior, compared to catastrophic events of -- in the past. These events were relatively modest in absolute size. In terms of catastrophic readiness, I think you posed the question, Stephanie, we have invested massively in this, anticipating more severe weather over the years to come and a catastrophe, the key questions are: do we have the technology to support the suddenly accelerated volume of activity. The answer is yes and we are continuing to invest behind it. Do we have the land to store the vehicles until we can process the titles and sell them on behalf of our insurance company clients. The answer to that is, yes, we have bought and built catastrophic yards that in many cases have run idle, simply awaiting a catastrophic event to service our customers again. We're certainly depending on where the cat event might be also then lease land on a temporary basis as well to expand our capacity. And then towing and trucking is certainly an important variable as well. We pick up of course millions of cars a year on behalf of our customers and have again a more acute need in the middle of a catastrophe. We have therefore invested in a fairly sizable fleet of our own, which we expect to continue to invest in as well to support those efforts. So, these are folks day to day who are deployed in their home yards, but in a crisis are asked to join us on the ground, where the need is most acute. So, those are all ways for us to address the -- to be more ready in anticipation of the weather events rather than scrambling last minute. Those have been investments that we've made very consistently and continue to grow year-after-year. Stephanie Moore -- Truist -- Analyst Got it. No, that's really helpful. And switching back to Germany, is there -- is this a situation where thinking into a little bit more longer term where maybe the impact of the cat, it's a flooding and where you guys were able to come in and really show your value from a consignment model standpoint? Is that an opportunity where it might accelerate the shift and what you're providing in Germany with insurance carrier that may potentially get them to shift over to more of what the model looks in the U.S. than in Europe? Any update there? Jeffrey Liaw -- President and Chief Executive Officer North America Yes, I think that's an insightful question or insightful premise. And I think it is true that in Germany and elsewhere, the catastrophic events very much underscore the Copart value proposition that our service, our hustle in a moment of crisis is still more visible at moments like that to insurance carriers. Whether they are long time customers who have been with us for 30 years or German insurance customers we are quoting for the first time or converting more of their volume to the consignment model under Copart's business model, that I think is certainly true. So all else equal, this for sure, it better communicates our value proposition to the German market. Stephanie Moore -- Truist -- Analyst Got it. I'll leave it at that. Thank you. Jeffrey Liaw -- President and Chief Executive Officer North America Thanks, Stephanie. Operator The next question is coming from the line of Craig Kennison with Baird. Please proceed with your questions. Craig Kennison -- Baird -- Analyst Hey, thanks for taking my question. Copart likes to innovate without much fanfare, I think, but I'm curious if you would call out any key platform enhancements you might have made in the last six to 12 months that could be driving value for your buyers or sellers? Jeffrey Liaw -- President and Chief Executive Officer North America It's been great, I think the -- the introductory clause there I think is accurate. We tend not to declare much victory in particular on investor calls. We launched these products through our sellers, our customers and our members as well. So, I'll talk more broadly. I think we have introduced a range of products and enhanced them that help our customers to process titles more quickly. The loan payoff tool we've talked about in the past is better still today than it was a year ago in terms of the lender coverage. Lean cars are an especially challenging title for insurance carriers to obtain and therefore to allow us to sell the vehicle. And I think our various offerings loan payoff included in that realm are better than they ever have been. When it comes to the member side of things we have deployed a number of different tools, including app based tools, including mobile check-ins and scheduling of pickups and such that have made -- that has made their experience more seamless and we think we are reducing friction for new and existing members to buy cars at Copart and certainly have much to do on our to-do list to move that ball forward. And then lastly and perhaps most importantly the auction itself is arguably our most important single platform that we invest in very aggressively to make the experience faster to make it still more mobile friendly to let anyone who wants to see and buy and track vehicles at Copart to make that a seamless experience as possible. Our paid member growth is up very meaningfully year-over-year, a reflection of our investments in that arena. Craig Kennison -- Baird -- Analyst Thanks. And then we continue to hear stories about the exceptionally high cost of shipping containers and naturally your business relies on that to some extent. Are you surprised that there's no -- has seemingly no impact from the rising cost of shipping containers on your overall demand? I would think that your customers have to factor that in. Jeffrey Liaw -- President and Chief Executive Officer North America I think that's no effect, probably is overstating it. I think the point would be that the offsetting forces have overwhelmed that, so vehicle demand, the member recruitment and auction liquidity have more than covered it. I think it's also fair to say that when it comes to shipping containers and the inflationary pressures there, those are much heavier on inbound volume to the U.S. as it's always been the case than it is the containers leaving or the ships leaving the U.S. and going elsewhere. I think those routes tend to be a little less congested. the slot is less spoken for, so those pressures I think are more modest than they might appear first glance. Craig Kennison -- Baird -- Analyst That's great. Hey, thank you so much. Jeffrey Liaw -- President and Chief Executive Officer North America Thanks, Craig. Operator Thank you. The next question is coming from the line of Bret Jordan with Jefferies. Please proceed with your questions. Bret Jordan -- Jefferies -- Analyst Hey, good morning guys. Question on -- I guess on the vehicle profiling. Jeff commented that you're seeing less damage mix over time. Could you talk about sort of what percentage of mix might be run and drive and then the inverse of that what percentage of your mix is really sold as crushed car bodies on its metals content and where you see that metals price environment now. Jeffrey Liaw -- President and Chief Executive Officer North America Yes, to the last portion of your question, which is probably the easiest, certainly metals -- commodity metals are rebounding like many, many underlying physical goods in terms of the prices. Still, it's a small minority of our cars that are sold for pure meltdown value so to speak and it's still smaller minority of our relevant economic spread of the car that sells for a few hundred dollars and is stripped off a part or two and then melted down, is a very valuable service that we provide to our communities and our customers to eliminate those cars, but not as consequential when it comes to the economics of our business. Bret Jordan -- Jefferies -- Analyst And then the run and drive mix as the percentage, I mean, obviously with dealer cars, it's gone up, is it a third or 40% your volume sold or less than that? Jeffrey Liaw -- President and Chief Executive Officer North America No. So, we haven't disclosed that precise mix in the past and don't intend to do so. But in terms of the run and drive mix, yes, it is a reflection of rising total loss frequency, so that's less damaged cars. I think it's probably easier Bret for that matter to strip the insurance from everything else to isolate that question. But when it comes to the insurance vehicles, yes, more cars are drivable today because a car can be totaled because a rear sensor or front sensor or lane departure warning sensor on the mirror is knocked out and the replacement and calibration is expensive. That yes, there are more run and drive cars as a percentage of the total. Bret Jordan -- Jefferies -- Analyst Okay. And a quick cash flow question, I guess when you think about the land build-out strategy, I think it was back in '15 or '16. What inning of land acquisition are we in? And when you think about your capex expectations, what's the maintenance capex number versus the acquisition real estate investment capex expectation? [Technical Issues] Rob. Operator Thank you. Our next question is from the line of Daniel Imbro with Stephens. Please proceed with your question. Joe Enderlin -- Stephens -- Analyst Hi. This is Joe Enderlin on for Daniel Imbro. [Technical Issues] so, our question, we're looking for availability on land overseas. I want to know if it's kind of arduous process to find lands and given the... Jeffrey Liaw -- President and Chief Executive Officer North America Hi, Rob, can hear us. Operator Yes, I can hear you, gentlemen. Please continue. Joe Enderlin -- Stephens -- Analyst Okay. Yes. Given the growth in Germany, do you have the capacity to support more growth? Operator [Operator Instructions] Gentlemen, if you can -- this is your operator, if you can hear me, you may continue with your presentation. [Operator Instructions] Gentleman, you may continue with your presentation. Jeffrey Liaw -- President and Chief Executive Officer North America Okay. Thank you. Bret, apologies, we got disconnected there. Hello, Bret can you hear us. Joe Enderlin -- Stephens -- Analyst Hi, this is Joe. Jeffrey Liaw -- President and Chief Executive Officer North America Hi, Joe. Joe Enderlin -- Stephens -- Analyst Hi. So I was looking for some color on the availability of land overseas. I'm wondering if it's an arduous process to find land? And then given the growth in Germany, do you have the capacity to support more growth there? Jeffrey Liaw -- President and Chief Executive Officer North America Great. Good question and certainly the challenge of land acquisition and development is universal. It varies and it certainly varies by degrees even here in the United States depending on what city and state we're talking about. It then varies across countries as well and within those countries as well. So difficult to provide a thoughtful nuanced answer there, but yes, the challenges are similar. We do have the capacity in Germany to support the business we have and we have built for growth, but certainly we would expect to invest more over the years to come to support our ongoing growth there. There is lead time to do so. So you've heard us tell the stories here in the U.S. in the past, in which we buy parts of land in California, for example, that we've been pursuing for 20 years. We don't expect that severe lead time in these markets, but it does take time to identify, to permit and to develop the land before we can operate on it. Joe Enderlin -- Stephens -- Analyst Great. And then as a follow-up. What about Spain or other markets, you have capacity there? Jeffrey Liaw -- President and Chief Executive Officer North America Same answer, yes, we have capacity to serve the business today and for a near, medium-term growth, but also that we intend to and will invest more still in it to support our future business there. Joe Enderlin -- Stephens -- Analyst Great. Thank you so much. Jeffrey Liaw -- President and Chief Executive Officer North America Thanks, Joe. Operator Thank you. The next question will be coming from the line of Chris Bottiglieri with Exane. Please proceed with your questions. Chris Bottiglieri -- Exane -- Analyst Hey, guys. Couple of questions from me. First one is, one of your salvage competitors spoke to inflation and selling cost. Have you seen this at all? Can you give us a sense for the sensitivity of yard ops to towing cost and what type of impact this could have on operations growth? And then historically when you've seen periods of inflationary towing cost, like what extent you'll be able to pass out there to sellers would be helpful? Jeffrey Liaw -- President and Chief Executive Officer North America Got it. Inflation perhaps to generalize first. It's always a consideration in our business and in different years, there are different inflationary inputs for our business. Many years of course it's been healthcare, fuel and other such commodities. Today, yes, somewhat more acute for all the reasons you're reading about in the popular press already. We're comfortable we can manage that inflation and continue to deliver operating leverage in our business. So, in short, towing costs are a significant portion of our costs at the yard level. So, they certainly do matter to us, but we think it's manageable and we haven't proactively raised it as a consideration this quarter because it's just part of the business, as is labor costs, healthcare costs, power and utilities and so forth. It's part of what we do. Chris Bottiglieri -- Exane -- Analyst Yes. Sure does. So that sounds like you do a lot of like logistics services for your insurers on managing towing and all of that. Is there an opportunity to do the container side, like shipping side, ocean freight for your international buyers. Like who are the international buyers? They tend to be smaller one off consumers or small -- like small businesses, or they are wholesalers that are managing this process for them. I guess, I'm wondering -- just trying to get at is there advantage to user scale to go to get better shipping rates on behalf of your customers? Or there's just not a way to arbitrage that market? Just kind of curious how you think about that? Jeffrey Liaw -- President and Chief Executive Officer North America Yes. I think there's a healthy distribution of buyers. So, in some cases pure one off buyers who will literally buy one car and then disappear and there are others who make it their business by hundreds, in some cases thousands of vehicles to rebuild and sell in their native markets. We have experimented in that with certainly international shipping over the years. There is a healthy ecosystem that emerges, of course, around the business of our size, other folks who do ship, who do aggregate vehicles, who do marshal them on behalf of buyers. So it's something we would continue to evaluate, but there's a robust enough and healthy enough ecosystem around us that has never been a barrier to auction participation. Chris Bottiglieri -- Exane -- Analyst Got it. Then a quick housekeeping one. It looks it is a small acquisition this quarter $5 million or so, like -- I'm not sure it was proceeds for the past acquisitions or something, but anything you can share color there would be helpful? Jeffrey Liaw -- President and Chief Executive Officer North America Yes, it's a small regional provider in our space that we've had -- let's shift with years and bought it in the Mid-Western United States. Chris Bottiglieri -- Exane -- Analyst Got it. Okay. That's helpful. Thank you. Jeffrey Liaw -- President and Chief Executive Officer North America Thank you. Operator Our next question is from the line of Ryan Brinkman with J.P. Morgan. Please proceed with your questions. Ryan Brinkman -- J.P. Morgan -- Analyst Hi, thanks for taking my questions. How much of the increase in transaction prices do you think is driven by the rise in used vehicle and crushed auto body prices, which would have of course or could of course cyclically decline after having experience such a large run up versus how much of the increase in transaction prices do you think is being driven by your member recruitment or other company specific efforts, which could improve -- which could prove longer lasting? And then also, I think it's difficult to make such projections, but I'm just curious about the extent to which you think or estimate or handicap that increases in used vehicle and commodity prices that we've seen may actually be partly structural in nature rather than cyclical given fiscal or monetary policies and that whatever level we do cyclically decline too might in fact prove potentially higher than where we stood pre-pandemic? Jeffrey Liaw -- President and Chief Executive Officer North America Sure. I think you've got probably eight questions nested in there, but we'll will try to tackle them. On the question of ASPs and what is driving their growth. The third variable I'd add to your list in addition to, I think, first you were citing the market dynamics and used vehicles today. Second, you're citing our member recruitment retention expansion and the experience. The third variable I'd add to that list is total loss frequency that adds carriers' total more cars, as I told newer and less damaged vehicles that has a healthy effect on ASPs as well. So the latter two I would describe as durable, long-term secular forces. The first I think is an open question. I think that all three have mattered a lot over the course of the past year. The first question on to what extent the vehicle values are cyclical or reflections of more secular structural forces, I think, is a fair question. I don't know that we have and especially in light with respect on that I think some of it for sure is here to stay, perhaps not all of it. Now, how the semiconductor universe in the new vehicle universe, etc., how those forces unwind or how they rebound over the course of the next six to 24 months, I think is, I don't know, we have a different perspective on that. Ryan Brinkman -- J.P. Morgan -- Analyst Okay, very helpful color. Thanks and then just last question is, what the latest is that you're seeing in terms of the recovery in miles driven? LKQ has made some comments recently about how well miles driven is recovering, the distribution of when people are driving throughout the day is different, less centered around commuting hours, I mean less congestion, which can result in accident frequency maybe not recovering in a linear fashion along with miles driven. Just curious what the latest that you're seeing there might be? Jeffrey Liaw -- President and Chief Executive Officer North America I've got latest data, June, July, August would suggest ongoing recovery and certainly now as the Northeast goes back to school also post Labor Day, we're seeing a recovery, but not yet back to 2019 levels. So, I don't know that we have a final resolution on that question than you would. We're looking at the same underlying data. As for the distribution of driving hours, I think we've seen a change both in when people drive and where they drive to, so less commuting, much more retail, much more recreation I think in some cases as folks have avoided airlines and such. Now, that has frankly yielded, in the end, higher accident frequencies than I think had been predicted going into the pandemic, right, if you told folks that vehicle miles traveled would go down by X percent, I think the conventional wisdom is that accidents -- the number of accidents in the absolute would go down by more than X percent and in fact it has gone down by significantly less than X percent, a reflection of higher speed driving, more distracted driving and the like. So even though the congestion I think has been appreciably less than it once was, I think that has not yet yielded the effect you just described. Ryan Brinkman -- J.P. Morgan -- Analyst Very interesting. Thank you. Jeffrey Liaw -- President and Chief Executive Officer North America Yes. Operator Our next question is coming from the line of Bret Jordan with Jefferies. Please proceed with your questions. Bret Jordan -- Jefferies -- Analyst Hey guys. I, like in my follow-up question got lost in the shuffle earlier. It was cash flow, when you think about your capex in the last five or six years of real estate investment, what inning are we at in building out the North American real estate? And as you think about your capex number, what number would be made when you proceed with acquisition of additional real estate going forward? Jeffrey Liaw -- President and Chief Executive Officer North America Yes, fair question, Bret. I think we launched, you may remember, Jay, talking about it in the spring of 2016, then 2020 program to expand our footprint to absorb the growth that was to come, if anything we had then under declared our ambitions by fair bit and have continued to invest even through this past quarter as you've seen. The issue with a forward prognosis is this is a dynamic question, it's a reflection of what we see in volume growth, share gain, growth of our non-insurance business, cycle times, etc. But we are certainly continuing to meet literally weekly to review our investment opportunities in land and the like, both in the U.S. and the overseas, so -- and overseas. So my expectation is that we'll continue to invest in land. Each quarter as you know tends to be very lumpy because the nature of land is that we chase it for a long time till it finally comes through and therefore one quarter suddenly much more substantial than the prior one, but we continue to invest in our business. It's essential to what we do. So, we expect that to continue. Bret Jordan -- Jefferies -- Analyst Okay. Could you give us sort of our expectation on maintenance capex, so we can sort of bucket what is acquisition versus ongoing spend? Jeffrey Liaw -- President and Chief Executive Officer North America Yes, maintenance capex I think is a proxy depreciation and amortization at least at starting point. It's a reflection of the useful life's logic that we are diligent about and review with our accountants so forth that should reflect how long that asset should last and it's a good proxy certainly across the company overall. Bret Jordan -- Jefferies -- Analyst All right. Great. Thank you. Jeffrey Liaw -- President and Chief Executive Officer North America Thanks, Bret. Operator [Operator Instructions] The next question is from the line of Stephanie more with Truist. Please proceed with your questions. Stephanie Moore -- Truist -- Analyst Hi, thank you for the follow-up. I just had a quick point I think you touched on many times just the efforts that have been done on a member recruitment side, on the buyer's side. So maybe you can touch a little bit on, is there anything different that has been done as the strategy needed to change or just remind us what you're doing specifically just to reach that larger buyer base? Has anything changed to create maybe a more stable buyer base, where you have more consistent purchases, just anything there would be helpful? Thank you. Jeffrey Liaw -- President and Chief Executive Officer North America Excellent. I appreciate the questions, Stephanie. And this is -- the logic is a little bit circular, but it is the growth, the quality of our cars, the vehicles that we earn the right to sell from dealers then brings additional members on board. The increase in total loss frequency brings more members on board, the increasing members who are on board and brings more consignments from dealers and insurance companies. So, it certainly is circular that very much works in both directions. In terms of the actual active measures we take on member recruitment, it very much varies by country, by market, by type of buyer. It can include things as mundane as the trade show, attendance, physical media, certainly social media and the like, but it -- radio ads, etc. It's all over the map and we try to have a sophisticated market-specific approach to each of our major member buying countries. It's also a major to do of ours to anticipate connects country which has the characteristics of one that should be a major Copart buyer and to invest proactively in that. And then once they're in the funnel, it's -- we view the member experience is paramount as well, not just the registration and becoming eligible to bid and participate at Copart auctions, but really the lifetime journey with Copart, what it means to buy a car, pay for it, pick it up and so on and so forth. And there are certainly enhancements we'll provide there over the years to come as well. Stephanie Moore -- Truist -- Analyst Great, thank you. Operator Thank you. Our final question is from the line of Ali Faghri with Guggenheim. Please proceed with your questions. Ali Faghri -- Guggenheim -- Analyst Great, thanks for taking my question. I'm wondering about the impact of these cat events on your margins. In the past, you talked about upfront costs related to towing and land and you've seen kind of a pretty sizable margin impact initially before you actually sell those incremental total loss vehicles. Given all of the investments you've made in land, as well as your fleet on the towing side as well, is there a chance that these cat events had maybe less of a kind of near-term cost and margin impact than they have historically? Jeffrey Liaw -- President and Chief Executive Officer North America I think it's perhaps more accurate only to say that for the same catastrophic events relative to 10 years ago, the financial impact to us is more muted than it otherwise would have been. Now, every catastrophic event is unique and the East Coast is very different from Louisiana, which is in turn very different from Houston, Texas, which is certainly in turn different from Germany as well. So, it's a matter of investing proactively. It's partially a question of cost because it allows us to equip the extremes of the supply curve, but largely about service too. The reason we own trucks and land and have a catastrophic team already assigned here at Copart who is ready to deploy at a moment's notice that is much about customer service as it is about cost. But yes, all else equal the margin effects would be more muted to date that they otherwise would have been, but the priority really is providing excellent service to our customers. Ali Faghri -- Guggenheim -- Analyst Great. That makes sense. Appreciate the color. And then a quick follow-up. What drove the stronger vehicle sales growth in the quarter? Is there anything you'd call out there? Jeffrey Liaw -- President and Chief Executive Officer North America The vehicle sales growth. There are a number of different avenues through which Copart's purchases cars, including our Copart direct business, which is -- which reflects vehicles we buy directly from consumers and in turn sell at our auction platform. It certainly includes our international business in Germany as we penetrate the market and show the market why the consignment model with Copart makes the most sense. We also help to get the flywheel going by purchasing cars there as well. So there are a number of different forces the -- I think unfortunately the vehicle sales number just had an awkwardly outside effect on the P&L results, especially if you're focused on basis point changes in margin rates and the like. But certainly, we continue to evaluate the business on a per vehicle economics basis, which is a little bit less transparent to the outside world. But, yes, vehicle sales have grown, but even still relative to the actual size of our business is very modest, meaning if we were to gross up every car we sold to its actual selling price, you would see that the purchase vehicles is pretty modest than [Indecipherable]. Ali Faghri -- Guggenheim -- Analyst Got it. And one final question, if I can squeeze it in. I'm sure you do a lot of work on this internally, but any insights about what your market share currently may be within kind of the insurance business on the consignment side versus your primary competitor. I know this industry has historically been viewed as a duopoly, but it's pretty clear that Copart has taken share over the last call it five plus years. So, I'm curious if you have any kind of numbers that you would put around your market share versus your main competitor? Thank you. Jeffrey Liaw -- President and Chief Executive Officer North America No, I appreciate the question. I don't think we could provide an absolute number or an estimate of our market share. We certainly do know that our customers have alternatives and we act that way and invest and operate that way as well. Our market share gains, which you just described a moment ago are reflection of some of the things you talked about on the call, including catastrophic readiness, including auction liquidity and day-to-day service, including the technology stack, our member experience etc. So, over the years, we certainly have grown our market position because we take it -- that's one of our key aspirations as a business and we hope to do so in the future as well, but not in a position to provide an absolute estimate. Ali Faghri -- Guggenheim -- Analyst Great, Thanks, Jeff. Thanks, John. Thanks, Ali. Operator Thank you. At this time, I will turn the floor back to management for closing remarks. Jeffrey Liaw -- President and Chief Executive Officer North America Okay. Well, thanks everyone for joining us for the fourth quarter. We'll talk to you in a couple of months after the first quarter of fiscal '22. Thanks everybody. Operator [Operator Closing Remarks] Duration: 51 minutes Call participants: John North -- Chief Financial Officer Jeffrey Liaw -- President and Chief Executive Officer North America Bob Labick -- CJS Securities -- Analyst Stephanie Moore -- Truist -- Analyst Craig Kennison -- Baird -- Analyst Bret Jordan -- Jefferies -- Analyst Joe Enderlin -- Stephens -- Analyst Chris Bottiglieri -- Exane -- Analyst Ryan Brinkman -- J.P. Morgan -- Analyst Ali Faghri -- Guggenheim -- Analyst More CPRT analysis All earnings call transcripts This article is a transcript of this conference call produced for The Motley Fool. While we strive for our Foolish Best, there may be errors, omissions, or inaccuracies in this transcript. As with all our articles, The Motley Fool does not assume any responsibility for your use of this content, and we strongly encourage you to do your own research, including listening to the call yourself and reading the company's SEC filings. Please see our Terms and Conditions for additional details, including our Obligatory Capitalized Disclaimers of Liability. The Motley Fool recommends Copart. The Motley Fool has a disclosure policy. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Copart Q4 21 Earnings Conference Call At 11:00 AM ET (RTTNews) - Copart, Inc. (CPRT) will host a conference call at 11:00 AM ET on September 9, 2021, to discuss Q4 21 earnings results. To access the live webcast, log on to https://78449.themediaframe.com/dataconf/productusers/copart/mediaframe/46489/indexl.html The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Nasdaq 100 Movers: BIIB, LULU In early trading on Thursday, shares of lululemon athletica topped the list of the day's best performing components of the Nasdaq 100 index, trading up 12.4%. Year to date, lululemon athletica registers a 23.0% gain. And the worst performing Nasdaq 100 component thus far on the day is Biogen, trading down 6.0%. Biogen is showing a gain of 23.5% looking at the year to date performance. Two other components making moves today are Copart, trading down 4.5%, and Peloton Interactive, trading up 5.8% on the day. VIDEO: Nasdaq 100 Movers: BIIB, LULU The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Validea Peter Lynch Strategy Daily Upgrade Report - 9/9/2021 The following are today's upgrades for Validea's P/E/Growth Investor model based on the published strategy of Peter Lynch. This strategy looks for stocks trading at a reasonable price relative to earnings growth that also possess strong balance sheets. MERCK & CO., INC. (MRK) is a large-cap growth stock in the Biotechnology & Drugs industry. The rating according to our strategy based on Peter Lynch changed from 69% to 87% based on the firm\u2019s underlying fundamentals and the stock\u2019s valuation. A score of 80% or above typically indicates that the strategy has some interest in the stock and a score above 90% typically indicates strong interest. Company Description: Merck & Co., Inc. is a global health care company. The Company offers health solutions through its prescription medicines, vaccines, biologic therapies and animal health products. It operates through two segments: Pharmaceutical and Animal Health. The Company's Pharmaceutical segment includes human health pharmaceutical and vaccine products. Its human health pharmaceutical products consist of therapeutic and preventive agents, generally sold by prescription, for the treatment of human disorders. The Company sells these human health pharmaceutical products primarily to drug wholesalers and retailers, hospitals, government agencies and managed health care providers such as health maintenance organizations. The Animal Health segment develops, manufactures and markets a wide range of veterinary pharmaceutical and vaccine products, as well as health management solutions and services, for the prevention, treatment and control of disease in all major livestock and companion animal species. The following table summarizes whether the stock meets each of this strategy's tests. Not all criteria in the below table receive equal weighting or are independent, but the table provides a brief overview of the strong and weak points of the security in the context of the strategy's criteria. P/E/GROWTH RATIO: PASS SALES AND P/E RATIO: PASS INVENTORY TO SALES: PASS EPS GROWTH RATE: PASS TOTAL DEBT/EQUITY RATIO: PASS FREE CASH FLOW: NEUTRAL NET CASH POSITION: NEUTRAL Detailed Analysis of MERCK & CO., INC. Full Guru Analysis for MRK Full Factor Report for MRK FIVE BELOW INC (FIVE) is a large-cap growth stock in the Retail (Department & Discount) industry. The rating according to our strategy based on Peter Lynch changed from 56% to 74% based on the firm\u2019s underlying fundamentals and the stock\u2019s valuation. A score of 80% or above typically indicates that the strategy has some interest in the stock and a score above 90% typically indicates strong interest. Company Description: Five Below, Inc. is a specialty retailer offering a range of merchandise for teen and pre-teen customer. The Company offers an assortment of products, including select brands and licensed merchandise across a range of categories, including Style, Room, Sports, Tech, Create, Party, Candy and Now. Its product groups include leisure, fashion and home, and party and snack. Its Leisure includes items such as sporting goods, games, toys, tech, books, electronic accessories, and arts and crafts. Fashion and home includes items such as personal accessories, attitude t-shirts, beauty offerings, home goods and storage options. Party and snack includes items such as party and seasonal goods, greeting cards, candy and other snacks, and beverages. As of February 2, 2019, the Company had operated 750 stores throughout the Northeast, South, Midwest and West regions of the United States. The following table summarizes whether the stock meets each of this strategy's tests. Not all criteria in the below table receive equal weighting or are independent, but the table provides a brief overview of the strong and weak points of the security in the context of the strategy's criteria. P/E/GROWTH RATIO: FAIL SALES AND P/E RATIO: PASS EPS GROWTH RATE: PASS TOTAL DEBT/EQUITY RATIO: PASS FREE CASH FLOW: NEUTRAL NET CASH POSITION: NEUTRAL Detailed Analysis of FIVE BELOW INC Full Guru Analysis for FIVE Full Factor Report for FIVE SYNOVUS FINANCIAL CORP. (SNV) is a mid-cap value stock in the Regional Banks industry. The rating according to our strategy based on Peter Lynch changed from 0% to 91% based on the firm\u2019s underlying fundamentals and the stock\u2019s valuation. A score of 80% or above typically indicates that the strategy has some interest in the stock and a score above 90% typically indicates strong interest. Company Description: Synovus Financial Corp. is a financial services company and a bank holding company. The Company provides integrated financial services, including commercial and retail banking, financial management, insurance and mortgage services, to its customers through locally branded banking divisions of its subsidiary bank, Synovus Bank (the Bank), and other offices in Georgia, Alabama, South Carolina, Florida and Tennessee. The Bank offers commercial banking services and retail banking services. The Bank's commercial banking services include cash management, asset management, capital markets services, institutional trust services, and commercial, financial and real estate loans. Its retail banking services include mortgage, installment and other retail loans; investment and brokerage services; safe deposit services; automated banking services; automated fund transfers; Internet-based banking services, and bank credit card services, including MasterCard and Visa services. The following table summarizes whether the stock meets each of this strategy's tests. Not all criteria in the below table receive equal weighting or are independent, but the table provides a brief overview of the strong and weak points of the security in the context of the strategy's criteria. SALES: PASS YIELD COMPARED TO THE S&P 500: PASS YIELD ADJUSTED P/E/GROWTH (PEG) RATIO: PASS TOTAL DEBT/EQUITY RATIO: NEUTRAL EQUITY/ASSETS RATIO: PASS RETURN ON ASSETS: PASS FREE CASH FLOW: NEUTRAL NET CASH POSITION: NEUTRAL Detailed Analysis of SYNOVUS FINANCIAL CORP. Full Guru Analysis for SNV Full Factor Report for SNV KORN FERRY (KFY) is a mid-cap growth stock in the Business Services industry. The rating according to our strategy based on Peter Lynch changed from 0% to 91% based on the firm\u2019s underlying fundamentals and the stock\u2019s valuation. A score of 80% or above typically indicates that the strategy has some interest in the stock and a score above 90% typically indicates strong interest. Company Description: Korn Ferry, formerly Korn/Ferry International, is a people and organizational advisory company. The Company and its subsidiaries are engaged in the provision of talent management solutions, including executive search on a retained basis, recruitment for non-executive professionals, recruitment process outsourcing, and leadership and talent consulting services. Its segments include Executive Search, Hay Group and Futurestep. The Executive Search segment focuses on recruiting Board of Director and C-level positions, in addition to research-based interviewing and on-boarding solutions, for clients predominantly in the consumer, financial services, industrial, life sciences/healthcare and technology industries. The Hay Group segment assists clients with ongoing assessment, compensation and development of their senior executives and management teams. The Futurestep segment provides talent acquisition solutions and services, such as project recruitment and individual professional search. The following table summarizes whether the stock meets each of this strategy's tests. Not all criteria in the below table receive equal weighting or are independent, but the table provides a brief overview of the strong and weak points of the security in the context of the strategy's criteria. YIELD ADJUSTED P/E TO GROWTH (PEG) RATIO: PASS EARNINGS PER SHARE: PASS TOTAL DEBT/EQUITY RATIO: PASS FREE CASH FLOW: NEUTRAL NET CASH POSITION: NEUTRAL Detailed Analysis of KORN FERRY Full Guru Analysis for KFY Full Factor Report for KFY COPART, INC. (CPRT) is a large-cap growth stock in the Computer Services industry. The rating according to our strategy based on Peter Lynch changed from 69% to 87% based on the firm\u2019s underlying fundamentals and the stock\u2019s valuation. A score of 80% or above typically indicates that the strategy has some interest in the stock and a score above 90% typically indicates strong interest. Company Description: Copart, Inc. (Copart) is a provider of online auctions and vehicle remarketing services with operations in the United States (U.S.), Canada, the United Kingdom (U.K.), Brazil, the Republic of Ireland, Germany, Finland, the United Arab Emirates (U.A.E.), Oman, Bahrain, and Spain. The Company operates through two segments: United States and International. The Company provides vehicle sellers with a range of services to process and sell vehicles primarily over the Internet through its virtual bidding third generation Internet auction-style sales technology (VB3). Its vehicle sellers consist primarily of insurance companies, but also include banks, finance companies, charities, fleet operators, dealers and from individuals. It sells the vehicles to licensed vehicle dismantlers, rebuilders, repair licensees, used vehicle dealers, exporters, and in some jurisdictions, to the general public. The following table summarizes whether the stock meets each of this strategy's tests. Not all criteria in the below table receive equal weighting or are independent, but the table provides a brief overview of the strong and weak points of the security in the context of the strategy's criteria. P/E/GROWTH RATIO: PASS SALES AND P/E RATIO: PASS INVENTORY TO SALES: PASS EPS GROWTH RATE: PASS TOTAL DEBT/EQUITY RATIO: PASS FREE CASH FLOW: NEUTRAL NET CASH POSITION: NEUTRAL Detailed Analysis of COPART, INC. Full Guru Analysis for CPRT Full Factor Report for CPRT More details on Validea's Peter Lynch strategy Peter Lynch Stock Ideas About Peter Lynch: Perhaps the greatest mutual fund manager of all-time, Lynch guided Fidelity Investment's Magellan Fund to a 29.2 percent average annual return from 1977 until his retirement in 1990, almost doubling the S&P 500's 15.8 percent yearly return over that time. Lynch's common sense approach and quick wit made him one of the most quoted investors on Wall Street. (\""Go for a business that any idiot can run -- because sooner or later, any idiot probably is going to run it,\"" is one of his many pearls of wisdom.) Lynch's bestseller One Up on Wall Street is something of a \""stocks for the everyman/everywoman\"", breaking his approach down into easy-to-understand concepts. About Validea: Validea is aninvestment researchservice that follows the published strategies of investment legends. Validea offers both stock analysis and model portfolios based on gurus who have outperformed the market over the long-term, including Warren Buffett, Benjamin Graham, Peter Lynch and Martin Zweig. For more information about Validea, click here The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.""]"
CPRT,2021-09-10,35.79,36.2525,35.5325,35.8075,
CPRT,2021-09-13,36.195,36.305,35.59,35.71,
CPRT,2021-09-14,35.9125,36.2025,35.7638,36.1475,
CPRT,2021-09-15,36.1625,37.34,36.0375,37.235,
CPRT,2021-09-16,37.283,38.1875,37.283,38.0675,
CPRT,2021-09-17,37.835,37.9955,35.72,35.9875,
CPRT,2021-09-20,35.4025,35.525,34.775,35.2875,
CPRT,2021-09-21,35.5025,35.765,35.18,35.2575,
CPRT,2021-09-22,35.4975,36.2625,35.4475,36.0875,
CPRT,2021-09-23,36.075,36.82,36.07,36.4625,
CPRT,2021-09-24,36.2,37.0125,36.2,36.9525,"CPRT Crosses Above Average Analyst Target In recent trading, shares of Copart Inc (Symbol: CPRT) have crossed above the average analyst 12-month target price of $145.50, changing hands for $145.85/share. When a stock reaches the target an analyst has set, the analyst logically has two ways to react: downgrade on valuation, or, re-adjust their target price to a higher level. Analyst reaction may also depend on the fundamental business developments that may be responsible for driving the stock price higher — if things are looking up for the company, perhaps it is time for that target price to be raised. There are 6 different analyst targets within the Zacks coverage universe contributing to that average for Copart Inc, but the average is just that — a mathematical average. There are analysts with lower targets than the average, including one looking for a price of $125.00. And then on the other side of the spectrum one analyst has a target as high as $165.00. The standard deviation is $15.475. But the whole reason to look at the average CPRT price target in the first place is to tap into a ""wisdom of crowds"" effort, putting together the contributions of all the individual minds who contributed to the ultimate number, as opposed to what just one particular expert believes. And so with CPRT crossing above that average target price of $145.50/share, investors in CPRT have been given a good signal to spend fresh time assessing the company and deciding for themselves: is $145.50 just one stop on the way to an even higher target, or has the valuation gotten stretched to the point where it is time to think about taking some chips off the table? Below is a table showing the current thinking of the analysts that cover Copart Inc: RECENT CPRT ANALYST RATINGS BREAKDOWN » Current 1 Month Ago 2 Month Ago 3 Month Ago Strong buy ratings: 5 5 5 5 Buy ratings: 0 0 0 0 Hold ratings: 2 2 2 2 Sell ratings: 0 0 0 0 Strong sell ratings: 0 0 0 0 Average rating: 1.57 1.57 1.57 1.57 The average rating presented in the last row of the above table above is from 1 to 5 where 1 is Strong Buy and 5 is Strong Sell. This article used data provided by Zacks Investment Research via Quandl.com. Get the latest Zacks research report on CPRT — FREE. 10 ETFs With Most Upside To Analyst Targets » The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
CPRT,2021-09-27,36.67,37.0425,36.42,36.6775,
CPRT,2021-09-28,36.3575,36.425,35.2075,35.285,
CPRT,2021-09-29,35.4625,35.68,35.29,35.355,
CPRT,2021-09-30,35.6275,35.653,34.6625,34.68,"Capital Investments At Copart (NASDAQ:CPRT) Point To A Promising Future If we want to find a potential multi-bagger, often there are underlying trends that can provide clues. One common approach is to try and find a company with returns on capital employed (ROCE) that are increasing, in conjunction with a growing amount of capital employed. If you see this, it typically means it's a company with a great business model and plenty of profitable reinvestment opportunities. Ergo, when we looked at the ROCE trends at Copart (NASDAQ:CPRT), we liked what we saw. Understanding Return On Capital Employed (ROCE) If you haven't worked with ROCE before, it measures the 'return' (pre-tax profit) a company generates from capital employed in its business. To calculate this metric for Copart, this is the formula: Return on Capital Employed = Earnings Before Interest and Tax (EBIT) ÷ (Total Assets - Current Liabilities) 0.27 = US$1.1b ÷ (US$4.6b - US$421m) (Based on the trailing twelve months to July 2021). Thus, Copart has an ROCE of 27%. That's a fantastic return and not only that, it outpaces the average of 7.8% earned by companies in a similar industry. NasdaqGS:CPRT Return on Capital Employed September 30th 2021 In the above chart we have measured Copart's prior ROCE against its prior performance, but the future is arguably more important. If you're interested, you can view the analysts predictions in our free report on analyst forecasts for the company. So How Is Copart's ROCE Trending? It's hard not to be impressed by Copart's returns on capital. The company has consistently earned 27% for the last five years, and the capital employed within the business has risen 202% in that time. With returns that high, it's great that the business can continually reinvest its money at such appealing rates of return. If these trends can continue, it wouldn't surprise us if the company became a multi-bagger. What We Can Learn From Copart's ROCE Copart has demonstrated its proficiency by generating high returns on increasing amounts of capital employed, which we're thrilled about. On top of that, the stock has rewarded shareholders with a remarkable 429% return to those who've held over the last five years. So while the positive underlying trends may be accounted for by investors, we still think this stock is worth looking into further. Copart does have some risks though, and we've spotted 1 warning sign for Copart that you might be interested in. High returns are a key ingredient to strong performance, so check out our free list ofstocks earning high returns on equity with solid balance sheets. This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) simplywallst.com. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
CPRT,2021-10-01,34.8775,35.28,34.23,34.9825,
CPRT,2021-10-04,34.445,35.0573,33.9375,34.1425,
CPRT,2021-10-05,34.255,34.9056,34.1121,34.6475,
CPRT,2021-10-06,34.2825,34.45,33.7125,34.415,
CPRT,2021-10-07,34.7475,35.65,34.5,35.22,
CPRT,2021-10-08,35.24,35.4225,35.0275,35.1,
CPRT,2021-10-11,35.0325,35.2575,34.68,34.69,
CPRT,2021-10-12,34.855,34.99,34.5025,34.6275,
CPRT,2021-10-13,34.9075,35.0375,34.495,34.955,
CPRT,2021-10-14,35.3275,36.25,35.215,36.195,
CPRT,2021-10-15,36.2375,36.5575,36.1112,36.2475,
CPRT,2021-10-18,36.1025,36.9638,35.9475,36.92,
CPRT,2021-10-19,37.0275,37.2388,36.7025,37.0325,
CPRT,2021-10-20,37.09,37.4075,37.005,37.37,
CPRT,2021-10-21,37.4225,37.99,37.18,37.96,
CPRT,2021-10-22,38.125,38.34,37.8425,38.0675,"Is Copart, Inc.'s (NASDAQ:CPRT) Latest Stock Performance A Reflection Of Its Financial Health? Copart (NASDAQ:CPRT) has had a great run on the share market with its stock up by a significant 7.7% over the last month. Given the company's impressive performance, we decided to study its financial indicators more closely as a company's financial health over the long-term usually dictates market outcomes. In this article, we decided to focus on Copart's ROE. Return on Equity or ROE is a test of how effectively a company is growing its value and managing investors’ money. In simpler terms, it measures the profitability of a company in relation to shareholder's equity. How Is ROE Calculated? Return on equity can be calculated by using the formula: Return on Equity = Net Profit (from continuing operations) ÷ Shareholders' Equity So, based on the above formula, the ROE for Copart is: 27% = US$936m ÷ US$3.5b (Based on the trailing twelve months to July 2021). The 'return' is the profit over the last twelve months. One way to conceptualize this is that for each $1 of shareholders' capital it has, the company made $0.27 in profit. What Has ROE Got To Do With Earnings Growth? We have already established that ROE serves as an efficient profit-generating gauge for a company's future earnings. We now need to evaluate how much profit the company reinvests or ""retains"" for future growth which then gives us an idea about the growth potential of the company. Assuming everything else remains unchanged, the higher the ROE and profit retention, the higher the growth rate of a company compared to companies that don't necessarily bear these characteristics. Copart's Earnings Growth And 27% ROE To begin with, Copart has a pretty high ROE which is interesting. Second, a comparison with the average ROE reported by the industry of 10% also doesn't go unnoticed by us. As a result, Copart's exceptional 21% net income growth seen over the past five years, doesn't come as a surprise. As a next step, we compared Copart's net income growth with the industry, and pleasingly, we found that the growth seen by the company is higher than the average industry growth of 8.9%. NasdaqGS:CPRT Past Earnings Growth October 22nd 2021 The basis for attaching value to a company is, to a great extent, tied to its earnings growth. The investor should try to establish if the expected growth or decline in earnings, whichever the case may be, is priced in. By doing so, they will have an idea if the stock is headed into clear blue waters or if swampy waters await. If you're wondering about Copart's's valuation, check out this gauge of its price-to-earnings ratio, as compared to its industry. Is Copart Efficiently Re-investing Its Profits? Copart doesn't pay any dividend to its shareholders, meaning that the company has been reinvesting all of its profits into the business. This is likely what's driving the high earnings growth number discussed above. Conclusion In total, we are pretty happy with Copart's performance. Specifically, we like that the company is reinvesting a huge chunk of its profits at a high rate of return. This of course has caused the company to see substantial growth in its earnings. With that said, the latest industry analyst forecasts reveal that the company's earnings growth is expected to slow down. To know more about the latest analysts predictions for the company, check out this visualization of analyst forecasts for the company. This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) simplywallst.com. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
CPRT,2021-10-25,38.1275,38.5475,37.9725,38.32,
CPRT,2021-10-26,38.4175,38.7284,38.28,38.305,
CPRT,2021-10-27,38.255,38.2775,37.6025,37.8975,
CPRT,2021-10-28,37.905,38.2575,37.7075,38.2025,
CPRT,2021-10-29,38.06,38.87,37.98,38.8225,
CPRT,2021-11-01,38.9675,39.045,38.3575,38.6425,
CPRT,2021-11-02,38.615,38.79,38.2174,38.5075,
CPRT,2021-11-03,38.4325,38.98,37.3812,38.935,
CPRT,2021-11-04,39.05,39.3425,38.7438,38.8275,
CPRT,2021-11-05,39.2225,39.5275,38.4175,38.48,
CPRT,2021-11-08,38.69,38.91,38.06,38.5425,
CPRT,2021-11-09,38.0133,39.0275,38.0133,38.6,
CPRT,2021-11-10,38.485,38.6825,37.945,37.99,
CPRT,2021-11-11,38.13,38.3175,37.9175,38.0475,
CPRT,2021-11-12,38.3075,39.12,38.1375,38.9125,
CPRT,2021-11-15,39.125,39.6175,38.8175,39.1325,
CPRT,2021-11-16,39.21,40.28,39.1525,39.775,
CPRT,2021-11-17,39.6075,39.715,38.85,39.2925,"After-Hours Earnings Report for November 17, 2021 : NVDA, CSCO, CPRT, BBWI, ZTO, TTEK, SONO, SQM, KLIC, HI, HP, YY The following companies are expected to report earnings after hours on 11/17/2021. Visit our Earnings Calendar for a full list of expected earnings releases. NVIDIA Corporation (NVDA)is reporting for the quarter ending October 31, 2021. The semiconductor company's consensus earnings per share forecast from the 9 analysts that follow the stock is $0.95. This value represents a 58.33% increase compared to the same quarter last year. In the past year NVDA has beat the expectations every quarter. The highest one was in the 3rd calendar quarter where they beat the consensus by 4.71%. Zacks Investment Research reports that the 2022 Price to Earnings ratio for NVDA is 86.54 vs. an industry ratio of 31.90, implying that they will have a higher earnings growth than their competitors in the same industry. Cisco Systems, Inc. (CSCO)is reporting for the quarter ending October 31, 2021. The computer networks company's consensus earnings per share forecast from the 9 analysts that follow the stock is $0.72. This value represents a 5.88% increase compared to the same quarter last year. In the past year CSCO has beat the expectations every quarter. The highest one was in the 3rd calendar quarter where they beat the consensus by 2.7%. Zacks Investment Research reports that the 2022 Price to Earnings ratio for CSCO is 18.51 vs. an industry ratio of 14.30, implying that they will have a higher earnings growth than their competitors in the same industry. Copart, Inc. (CPRT)is reporting for the quarter ending October 31, 2021. The auction company's consensus earnings per share forecast from the 4 analysts that follow the stock is $0.99. This value represents a 25.32% increase compared to the same quarter last year. In the past year CPRT has beat the expectations every quarter. The highest one was in the 3rd calendar quarter where they beat the consensus by 15.73%. Zacks Investment Research reports that the 2022 Price to Earnings ratio for CPRT is 39.48 vs. an industry ratio of 42.00. Bath & Body Works, Inc. (BBWI)is reporting for the quarter ending October 31, 2021. The retail company's consensus earnings per share forecast from the 6 analysts that follow the stock is $0.61. This value represents a 46.02% decrease compared to the same quarter last year. In the past year BBWI has met analyst expectations once and beat the expectations the other three quarters. Zacks Investment Research reports that the 2022 Price to Earnings ratio for BBWI is 18.17 vs. an industry ratio of 10.30, implying that they will have a higher earnings growth than their competitors in the same industry. ZTO Express (Cayman) Inc. (ZTO)is reporting for the quarter ending September 30, 2021. The transportation services company's consensus earnings per share forecast from the 1 analyst that follows the stock is $0.22. This value represents a 4.35% decrease compared to the same quarter last year. Zacks Investment Research reports that the 2021 Price to Earnings ratio for ZTO is 36.25 vs. an industry ratio of 2.20, implying that they will have a higher earnings growth than their competitors in the same industry. Tetra Tech, Inc. (TTEK)is reporting for the quarter ending September 30, 2021. The pollution control company's consensus earnings per share forecast from the 2 analysts that follow the stock is $1.00. This value represents a 9.89% increase compared to the same quarter last year. In the past year TTEK has beat the expectations every quarter. The highest one was in the 2nd calendar quarter where they beat the consensus by 9.2%. Zacks Investment Research reports that the 2021 Price to Earnings ratio for TTEK is 48.63 vs. an industry ratio of 39.50, implying that they will have a higher earnings growth than their competitors in the same industry. Sonos, Inc. (SONO)is reporting for the quarter ending September 30, 2021. The audio video production company's consensus earnings per share forecast from the 4 analysts that follow the stock is $-0.11. This value represents a 173.33% decrease compared to the same quarter last year. In the past year SONO has beat the expectations every quarter. The highest one was in the 2nd calendar quarter where they beat the consensus by 258.82%. Zacks Investment Research reports that the 2021 Price to Earnings ratio for SONO is 31.14 vs. an industry ratio of 16.70, implying that they will have a higher earnings growth than their competitors in the same industry. Sociedad Quimica y Minera S.A. (SQM)is reporting for the quarter ending September 30, 2021. The fertilizers company's consensus earnings per share forecast from the 4 analysts that follow the stock is $0.50. This value represents a 78.57% increase compared to the same quarter last year. SQM missed the consensus earnings per share in the 2nd calendar quarter of 2021 by -3.12%. Zacks Investment Research reports that the 2021 Price to Earnings ratio for SQM is 37.60 vs. an industry ratio of 13.30, implying that they will have a higher earnings growth than their competitors in the same industry. Kulicke and Soffa Industries, Inc. (KLIC)is reporting for the quarter ending September 30, 2021. The electrical manufacturing company's consensus earnings per share forecast from the 2 analysts that follow the stock is $2.17. This value represents a 648.28% increase compared to the same quarter last year. KLIC missed the consensus earnings per share in the 3rd calendar quarter of 2020 by -6.45%. Zacks Investment Research reports that the 2021 Price to Earnings ratio for KLIC is 10.26 vs. an industry ratio of 23.60. Hillenbrand Inc (HI)is reporting for the quarter ending September 30, 2021. The funeral services company's consensus earnings per share forecast from the 2 analysts that follow the stock is $0.91. This value represents a 1.09% decrease compared to the same quarter last year. In the past year HI has beat the expectations every quarter. The highest one was in the 2nd calendar quarter where they beat the consensus by 11.84%. Zacks Investment Research reports that the 2021 Price to Earnings ratio for HI is 13.08 vs. an industry ratio of 14.40. Helmerich & Payne, Inc. (HP)is reporting for the quarter ending September 30, 2021. The oil & gas drilling company's consensus earnings per share forecast from the 8 analysts that follow the stock is $-0.50. This value represents a 32.43% increase compared to the same quarter last year. HP missed the consensus earnings per share in the 4th calendar quarter of 2020 by -5.13%. Zacks Investment Research reports that the 2021 Price to Earnings ratio for HP is -12.78 vs. an industry ratio of -2.50. JOYY Inc. (YY)is reporting for the quarter ending September 30, 2021. The internet services company's consensus earnings per share forecast from the 1 analyst that follows the stock is $0.03. This value represents a 97.71% decrease compared to the same quarter last year. Zacks Investment Research reports that the 2021 Price to Earnings ratio for YY is -77.89 vs. an industry ratio of 9.80. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
CPRT,2021-11-18,39.1162,39.505,38.37,38.94,"[""Copart, inc (CPRT) Q1 2022 Earnings Call Transcript Image source: The Motley Fool. Copart, inc (NASDAQ: CPRT) Q1 2022 Earnings Call Nov 18, 2021, 11:00 a.m. ET Contents: Prepared Remarks Questions and Answers Call Participants Prepared Remarks: Operator Please standby. Good day everyone and welcome to the Copart Incorporated First Quarter Fiscal 2022 Earnings Call. [Operator Instructions] For opening remarks, I would like to turn the call over to Mr. John North, Chief Financial Officer of Copart Incorporated. Please go ahead, sir. 10 stocks we like better than Copart When our award-winning analyst team has a stock tip, it can pay to listen. After all, the newsletter they have run for over a decade, Motley Fool Stock Advisor, has tripled the market.* They just revealed what they believe are the ten best stocks for investors to buy right now... and Copart wasn't one of them! That's right -- they think these 10 stocks are even better buys. See the 10 stocks *Stock Advisor returns as of November 10, 2021 John North -- Chief Financial Officer Good morning. During today's call, we'll discuss certain non-GAAP measures which include adjustments to reverse payroll tax benefits related to accounting for stock option exercises. We provided a reconciliation of these non-GAAP financial measures to the most directly comparable GAAP measures on our Investor Relations website and in our press release issued yesterday. We believe these non-GAAP measures together with our corresponding GAAP measures are relevant in analyzing our results and assessing our business trends and performance. In addition, our comments today include forward-looking statements within the meaning of federal securities laws, including management's current views with respect to trends, opportunities and uncertainties in our markets, including the COVID-19 pandemic. These forward-looking statements involve substantial risks and uncertainties. For more detail on the risks associated with our business, we refer you to the section titled Risk Factors in our Annual Report on Form 10-K for the year ended July 31, 2021 and each of our subsequent quarterly reports on Form 10-Q. Any forward-looking statements are made as of today and we have no obligation to update or revise any forward-looking statements. And with that, I'll turn it over to our President and CEO North America, Jeffrey Liaw. Jeffrey Liaw -- President and Chief Executive Officer North America Excellent. Thanks, John and good morning and thanks for joining us for the first quarter. We're pleased to report a strong first quarter for fiscal 2022, against a backdrop of various extremes persistent and evolving pandemic, changing global traffic patterns, supply chain disruptions, a strong used car price environment and an active storm season to name a few. We continue to serve our customers successfully to enhance auction liquidity and to continue our long-term trend of profitable growth. I'll elaborate on a handful of key themes for the quarter and John will provide additional perspective. My comments will center around Hurricane Ida, brief commentary there. Secondly, the health of our auctions, third, the implications of the used car price environment, and fourth, our institutional commitment just a bit to sustainability. First on Hurricane Ida. Hurricane Ida struck the Gulf states on August 29 and the Northeast region on September 1st and 2nd. This represents our most substantial storm since Hurricane Harvey in 2017 and our largest storm in the Northeast region since Hurricane Sandy in 2012. Having learned from those experiences and a litany of catastrophic events between then and now, we were better prepared for this event than any in our history, due to our very substantial investment over the years in land, in technology, in company-owned trucks, company employed drivers, heavy equipment and most importantly our dedicated CAT team who deployed at a moment's notice. Hundreds of us from around the countries met our Labor Day weekend on the ground and many weeks thereafter managing the retrieval of vehicles, receiving and imaging them and navigating the vehicles through the titling process to their eventual sale. As is often the case with major storms, we experienced an operating loss from the event in the quarter of a few million dollars. We view our pre-storm prep and our robust response to catastrophic events as investments in the strong and durable partnerships we have with our insurance sellers. Our storm-related costs, as you know from prior experiences include lease expense for temporary storage facilities, premiums for towing, labor cost and over time for our people, travel expenses and lodging among others. These expenses of course, offset by revenue from incremental unit volume. Financially speaking, the impact of the storm in the quarter was approximately 100 basis points to 150 basis points of gross and operating margin rate compression. You all know we haven't provided further specifics in our press release or included adjustments in our non-GAAP earnings scheduled for the catastrophe. We believe that providing excellent service in difficult times is an intrinsic aspect of our value proposition to our customers and that these storms will become -- will increase in frequency and severity over time. The second thing I wanted to tackle is, our unit volume growth in our auction liquidity. We experienced global unit sales increase of 21% year-over-year, of which approximately 2 points was explained by the hurricane itself. A US increase of almost 24%, again, 2 or 3 points of that growth explained by Hurricane Ida. We grew our international unit sales by just shy of 8%. The COVID responses in countries outside the US as a general matter continues to be more aggressive and more pronounced than what we've experienced here stateside. Our insurance business grew relative to the first quarter of last year at 23%. We are observing certainly continued increases in total loss frequency, I'll comment more about that in a moment, and benefit from share gain as well. Driving activity itself continues to rebound relative to last year, very significantly, but still just shy on measures such as gasoline consumption of what we experienced in the year prior. Total loss frequency has increased steadily including during the pandemic, though all else equal, as many folks on the phone already know, the strong used car price environment almost certainly is an inhibitor to assignment volume all else equal to Copart auctions. Turning to our non-insurance volume. When we exclude lower value cars such as wholesalers and charities, our non-insurance business grew 7.5% year-over-year, with our dealer unit volume up slightly, approximately 1% versus last year and strong growth in our Copart Direct business. I'll note -- and you'll note, this represents solid absolute performance, but arguably the strongest relative performance in our history to other vehicle marketplaces given what is the pronounced shortage of available supply in the industry. We think this is a testament to the power of Copart's marketplace and we said it before, but it's worth reiterating. The cars we earn the right to sell on behalf of insurance companies along with rising total loss frequency, enable us to achieve superior returns for progressively more non-insurance cars as well. And it's also true in reverse. The dealer rental car, fleet, Bank and consumer cars we earn the right to sell, drive still more insurance volume and higher total loss frequency as the years go by. The next theme, I wanted to address is prices themselves. So we are experiencing of course, high used vehicle prices across the world and certainly strong ASPs at Copart Auctions as well. Our ASPs worldwide grew 11% for the -- year-over-year for the quarter, with US ASPs up 10% year-over-year as well. The Manheim Index is one industry proxy is at all time highs with the November mid month reading of 234.8. The durability of ASPs is of course a natural question, they are certainly are longer term trends in favor of high as a -- higher ASPs including our auction liquidity, total loss frequency and the like as well as growing demand from emerging economies for wrecked vehicles from our origin countries. We also continue to invest significant resources in member registration -- member recruitment registration, retention and the like. But of course, we should acknowledge the technical forces as well. There remains a chip shortage which is affecting the production of new vehicles and driving higher prices for used vehicles around the world. Our perspective, doesn't diverge from the industry consensus which indicated this chip shortage will persist well into 2022 and likely into 2023 as well. The important note here is that if and when used car prices do fall, we expect a corresponding increase in assignment volumes. Total loss frequency is negatively correlated with used car prices. The more a car is worth before the accident, the more prone it is to being repaired. Last theme, I wanted to tackle before handing it to John is, the notion of sustainability. As a long-standing cultural matter, we at Copart have always asked to be judged on our actions and results, not our words or our PowerPoint presentations, but we recognize that we're at a moment in history in which companies are being challenged to articulate their ESG position more clearly, and I'll spend a few minutes on that theme. Copart plays a critical role in the Automotive Circular Economy, enabling the reuse, recycling and responsible disposal of vehicles around the world. We sell well over 3 million vehicles per year and by matching those vehicles with their optimal owners, we enable the return to service of automobiles that would otherwise have been scrapped. The reuse of parts that otherwise would have ended up in landfills. As a result the reuse and recycling that Copart enables, displaces what otherwise would have been de novo resource extraction and energy consuming manufacturing as well. As climate events themselves increase in frequency and severity, Copart will play a growing role in assisting communities and recovering from them as we have in our past, by removing vehicles from roadways to storage facilities and repair shops, enabling the free flow of people and goods and services and economies in which we do business. And finally, because of so many of our vehicles are ultimately purchased by buyers outside the US, our Auctions contribute to be physical and economic mobility of residents and countries of emerging economies, including in Central and South America, the Middle East, Africa and Eastern Europe. If you haven't read it already, please do see our Annual Shareholder Letter on our Investor Relations website, where we explained further on these things -- on these themes among others including diversity and inclusion. We will offer more substance in the coming days in the form of a sustainability report as well. And with that, I'll turn it over to our CFO, John North to talk about the fourth quarter's financial results -- the first quarter's financial results. John North -- Chief Financial Officer Thanks, Jeff. Before I get into the numbers, I'd like to begin by also acknowledging, our teams effort relative to Hurricane Ida and thank them for their dedication and sacrifice. Being relatively new to the Copart family, this is my first opportunity to see us in action and to observe first-hand, the tremendous sense of ownership we take to ensure a positive outcome in the face of both disaster and tragedy. Our people and our culture have always been and will continue to be the key to our success. Now I'll make a few comments on our operational results and then we'll open it up for questions. For the first quarter, global revenue increased $217 million or 37%, including a nearly $4 million benefit due to currency. Global service revenue increased $152 million or 30%, primarily due to higher average selling prices and increased volume. US service revenue was up 31% and international experienced an increase of 18%. Purchased vehicle sales increased $65 million or 84%, due to higher ASPs and increased volume. US purchased vehicle revenue was up 87% over the prior year and international grew 79%. As a result, purchased vehicle gross profit defined as vehicle sales less cost of vehicle sales increased by $2.7 million overall. As Jeff mentioned, we had significant relative growth in our purchased vehicle volume resulting in gross and operating margin rate contraction of approximately 150 to 200 basis points. Global gross profit in the first quarter increased by $88 million or 30%, and our gross margin percentage decreased by approximately 250 basis points to 47.5%. US margins declined from 52.6% to 50.3% and international margins decreased from 37% to 33.1% due to a higher purchase vehicle mix at lower margins, partially offset by higher ASPs globally. I'll now move to a discussion of G&A expenditures excluding stock compensation and depreciation expense. G&A spend increased $5.9 million from $35.2 million a year ago to $41.1 million in 2022. Yet is lower from 5.9% of revenue to 5.1% of revenue this year. We anticipate G&A to continue to improve as a percentage of revenue as we grow our business. As a result, our GAAP operating income increased by 33% from $248.6 million to $330.1 million. First quarter income tax expense was $65.5 million at a 20.1% effective tax rate, which reflected a $3 million tax benefit on the exercise of employee stock options. Adjusting those to a non-GAAP measure included in our earnings release, change to our effective tax rate to 21%. First quarter GAAP net income increased from 30% from $200 million last year to $260 million this year. Adjusted to remove the tax benefit on the exercise of stock options, non-GAAP net income increased 37% from $188.5 million last year to $257.4 million in the first quarter of 2022. Our global inventory at the end of October increased 12% from last year. This is comprised of the year-over-year increase of 14% for US inventory and a decline of 3% for international inventory. This increase in inventory is largely a function of US accident frequency and miles driven returning to normal supplemented with the effects of Ida and share gains, partially offset by declines in international driven by countries with longer duration lockdowns as a response to COVID. Now to briefly update our liquidity and cash flow. As of the end of the quarter, we had $2.3 billion of liquidity, comprised of $1.3 billion in cash and cash equivalents and an undrawn revolving credit facility with capacity over $1 billion. Operating cash flow for the quarter increased by $54 million year-over-year to $312.5 million, driven by stronger earnings, that's $65 million in capital expenditures in the quarter, approximately 70% of this amount was attributable to capacity expansion. We are continuing to prioritize investments in physical infrastructure above other choices and believe this continued investment is helping to create durable advantages and our ability to handle increasing numbers of total loss vehicles and adjacent opportunities in the whole car marketplace. We're continuing to focus on investing for the future in both capacity and technology, while maintaining a conservative capital structure that allows operational flexibility regardless of economic changes or transitory market dynamics. And with that, we're happy to open up the call for some questions. Questions and Answers: Operator Thank you. We'll now be conducting a question-and-answer session. [Operator Instructions] Our first question comes from Stephanie Moore with Truist. Please proceed with your question. Stephanie Moore -- Truist Securities -- Analyst Hi, good afternoon, and thank you. Jeffrey Liaw -- President and Chief Executive Officer North America Hey, Stephanie. Stephanie Moore -- Truist Securities -- Analyst I wanted to touch a bit on the overall inflationary and cost environment that you're currently experiencing and if you are in fact taking the impact of the Hurricane out of the equation, and thanks for quantifying that the impact that you saw from that event. But just looking at one, the dynamic that you called about on the last quarter was just operating deleverage as inventory levels increase as well as somewhat newer dynamics that we've heard whether it's higher towing cost, higher driving cost, you name it. So just kind of want to walk through if you could, what you're seeing from an inflationary standpoint and higher costs? And then some levers that you might have in place to offset on those costs would be helpful? Thank you. Jeffrey Liaw -- President and Chief Executive Officer North America Sure. In the cost categories you noted, Stephanie, certainly, I think all participants in all economies worldwide are experiencing inflation to some extent in the form of wages, towing expense, fuel, capital equipment and the like, and certainly, we aren't immune to that either. It's our job to manage that, to absorb it where necessary to with management productivity as we can and to deliver the results. So it's -- we are seeing and experiencing those things. I would note that inflation, that is certainly more pronounced today, it's not a brand new phenomenon for years we've experienced very meaningful inflation in healthcare costs for example, land has continued to grow and value capital equipment that the loaders we buy for example are more expensive than they were five and 10 years ago as well. So, inflation is more pronounced today, but it's not a radically new phenomenon. So we do have experience in managing through that with productivity being the most important long-term lever. Stephanie Moore -- Truist Securities -- Analyst Great. And then I guess maybe just talk a little bit about from an inventory standpoint, do you find that given where inventory levels are particularly in the US that you're seeing just as inventory build, just some operating leverage in the near term as well as maybe some seasonality. So just trying to think through the dynamic that impacted the fourth quarter and if that continued into the first? Jeffrey Liaw -- President and Chief Executive Officer North America Fair question and as you know Stephanie, we tend to -- we run the business to deliver service in our per se, trying to optimize any individual quarter or month or unit in our inventory. I think your observation about inventory growth and unit volume growth helping to absorb fixed or semi-fixed cost is real. There is also other noise in the system as you know from the inflation you just mentioned a moment ago, Hurricane Ida, among other things, but yes, all else equal, certainly unit volume growth on its own is a near medium-term accretive to margins. Stephanie Moore -- Truist Securities -- Analyst Absolutely. Thank you. And then lastly for me, kind of big picture, you put out a release in early November about a partnership with I believe Commerce Bank that just talked about some of the digital efforts that you have in place, kind of where, as I feel like most of the time you don't advertise some of the investments and initiatives you have in place. But maybe if you could talk about incremental investments that you're looking going forward? Is that focused on improving cycle times or what are areas where you find has the largest opportunity for improvement here for continued investments? Thanks. Jeffrey Liaw -- President and Chief Executive Officer North America Fair point. And Stephanie I'll talk perhaps in broader framework here. It's our job to serve our clients and there are, as you know, multiple types of clients. Starting with insurance companies, which still represent the strong majority of the units we sell for them, they care a lot about speed and execution. They care about auction returns, they care about policyholder experience. And on all dimensions, we are investing, there are different nuances to each, I think which you mentioned a moment ago about cycle times and the public notice you mentioned a moment ago about our partnership with Commerce Bank, for example. Those are investments to address the cycle times in particular for cars with outstanding liens on them, which also have derivative effects on the policyholder settlement timelines in some cases. So we certainly are investing there, lien holder cars are in particular, some of the most challenging vehicles in terms of cycle times and we invest all the time in initiatives like that. But anyway, the point of all that was, there are many dimensions to that and we invest across those dimensions as well. Stephanie Moore -- Truist Securities -- Analyst Great, thank you so much. Jeffrey Liaw -- President and Chief Executive Officer North America Thanks Stephanie. Operator Thank you. Our next question comes from Bob Labick with CJS Securities. Please proceed with your question. Bob Labick -- CJS Securities -- Analyst Good morning. Thanks for taking my questions. Jeffrey Liaw -- President and Chief Executive Officer North America Hey, Bob. Bob Labick -- CJS Securities -- Analyst Hi. I wanted to start and dig a little further on the total loss frequency commentary you offered us in the prepared remarks. As it relates to used car prices and insurance carriers formulas to total a car, if you had said -- two years ago, used car prices would rise 40% now, 60% or 70% over a two-year period. I would have incorrectly said total loss frequency would crater unless repair costs went up equally to offset it. So I guess my question is, are repair cost up as much in terms of dollars as used car prices, I can't imagine that's true? Or are insurers adjusting their total loss calculation kind of real-time to the current salvage, your recovery rates that you're getting or is it something else? Because if it's dynamic, insurance calculations if they're changing it with used car prices much faster than they have in the past, would that potentially suggest that as used car prices fall then total loss frequency wouldn't rise as fast as anticipated, if that question makes sense? Jeffrey Liaw -- President and Chief Executive Officer North America Yes, it's a very perceptive question, Bob as usual. I think your statement is accurate and the total loss frequency I think had been impaired all else equal, because of high used car prices. And your question as to then, what tips the balance in the other direction? I think it is a combination of repair costs as well as rental car costs. The repair pack, so to speak, for an insurance carrier is also onerous and expense -- is onerous and expensive today relative to what it was two years ago. I think there is also just long-term secular trends in this direction. Anyway, Bob, as you know, which is the accident section and avoidance systems and the vehicle complexity substrate mix change from steel to aluminum and carbon and the like, electric vehicles, etc. So I think those are all contributing to the net effect, the total loss frequency is rising when this one variable in isolation would suggest that it shouldn't. Now the other variable which is worth mentioning Bob, it's the mix between the -- it's the tension between the two as well in terms of what the used car prices are, but also our auction returns. Our auction returns are up. I think more than pre-accident vehicle prices have been over that same period. So we have also hope to close that gap with the auction results as well. Bob Labick -- CJS Securities -- Analyst Got it. Okay, that's great, very helpful. And just kind of going back to cycle times. So I think in general that's obviously a benefit and barrier to entry. But you're always trying to improve cycle times and obviously, they probably have over the last five, 10 years, as well. As cycle times do improve a little bit, they open up yard capacity, so just curious as to like when -- thinking about your overcapitalized balance sheet and the liquidity that you have, what are the primary uses of that liquidity as you run out of more land to buy or if cycle times pick up enough, you need less land at the same time? So just trying to balance those two and ask, I guess, other uses of capital beyond land, because eventually you don't have to always buy land? Jeffrey Liaw -- President and Chief Executive Officer North America Many puts and takes on the question of land. So, the business is growing and has been growing for years that by itself would necessitate more land not less. Cycle times have improved, but there is plenty of complexity in the ecosystem as well. So there are many examples, case studies in which cycle times are increasing. And today, arguably, the very strong used car prices are making lien settlements faster than they otherwise would be, relative to an environment in which you had a bunch of underwater loans for example about as you know. So I think in practice, we will continue to invest in land for years to come and probably very substantially. So that said, as you noted, overcapitalized Bob is more editorializing perhaps than I offer. But nonetheless, I think [Indecipherable] have a very robust balance sheet today that the answer over the next 10 years is sure that we'll buy stock back as we always have and you know from our share count ex the split that we have contracted the open market share -- the shares outstanding over the years and we'll continue to do so, that's a matter of timing and comparison to our relative investment options in land and otherwise. So we'll be good stewards of capital and return that via share buybacks at some point. Bob Labick -- CJS Securities -- Analyst Okay, super. And I meant to say well-capitalized but it slipped out as overcapitalized, my apologies. And thanks for answering. I'll jump back in queue. Thanks. Jeffrey Liaw -- President and Chief Executive Officer North America Thanks, Bob. Operator Thank you. Our next question comes from Craig Kennison with Baird. Please proceed with your question. Craig Kennison -- Robert W. Baird -- Analyst Good morning. Thanks for taking my question. Some have already been asked. But I thought I'd shift to Europe. I think you mentioned 8% volume growth, which was slower than what you saw in the US and I think you identified COVID and the response there as a factor, but it's also a smaller business with potentially a lot of momentum to it. Could you just comment on maybe the secular shift in that business and whether you still feel like you have momentum with insurance carriers in shifting their priorities to -- shifting their practices to your platform? Jeffrey Liaw -- President and Chief Executive Officer North America Sure. And one technical clarification, when we said the growth rate that was for our quote international business, which includes Canada, Brazil, the UK, Finland, Spain and Germany, and the Middle East, so it's not just Europe alone. So I think underlying your question, Craig, is what's happening in Spain and Germany and our growth markets in Europe, for example. And there we've continued to experience very significant year-over-year growth. We continue to prove the economic model if anything, the gap between the auction returns we generate at Copart auctions growth to the listing services we've talked about in the past, that gap is expanding still. So the economic proposition I think is becoming more compelling, not less. But what you're seeing in terms of the overall growth rate is for sure that the UK and Canada for that matter and Brazil and certain areas have been more aggressive about COVID-19 countermeasures than the US has. Craig Kennison -- Robert W. Baird -- Analyst Thanks. And then you've had good success in the US with your non-insurance business. Is there a point when your international businesses mature such that you feel comfortable rolling out a service like that as well? Jeffrey Liaw -- President and Chief Executive Officer North America Which service now, Craig? Craig Kennison -- Robert W. Baird -- Analyst I'm talking about non-insurance volumes especially dealers selling cars on your platform. Jeffrey Liaw -- President and Chief Executive Officer North America Yes. And to some extent we have. So where we do have liquid auction marketplaces, we do -- we have pursued other sources of that volume including dealers and otherwise. So in Canada, in Brazil and the UK and for that matter the Middle East. So in most places, we do business the liquidity is -- comes in a hurry. And the cars that we can sell that extend beyond total loss units from insurance carriers happens pretty quickly as well. Craig Kennison -- Robert W. Baird -- Analyst And then lastly, I appreciate your commentary on sustainability. Clearly your story fits that narrative quite well, and thanks to here you articulated. I'm wondering if the Board or you have done any analysis on whether you are under-owned by that group of investors that put ESG as their number one priority? Jeffrey Liaw -- President and Chief Executive Officer North America A judgment call, tough to make from where we sit, right. I'm not sitting in their rooms and understand their criteria. But certainly from our understanding of what constitutes to sustainability, I think our businesses should be at the very top of that list. So I think that's a reasonable conclusion, Craig. But we don't spend a lot of energy with target list and trying to figure out who should own this and not, we trust this, we deliver the results long-term economically and sustainability wise and those questions will take care of themselves. Craig Kennison -- Robert W. Baird -- Analyst That's great. Thanks, Jeff. Operator Thank you. Our next question comes from Daniel Imbro with Stephens. Please proceed with your question. Daniel Imbro -- Stephens -- Analyst Hey, good morning, guys. Thanks for taking my questions. Jeff, I wanted to start on the non-insurance side of the business. You noted some pretty start outperformance versus the peers. And as you're growing into those reverse synergies back to the business, I guess a few questions. One right now, are you selling all of those dealer cars internationally? Or are you actually transacting some maybe US dealer stores cars to other dealers in the US? And the second question would be, given the reverse synergies and obviously the attractive unit economics, what are the limiting factors on maybe growing into that faster, as you think about the next three to five years outlook on your results? Jeffrey Liaw -- President and Chief Executive Officer North America Got it. Daniel, to your first question, the latter. So the US dealer cars are being sold both to US buyers and international buyers. Both are meaningful portions of the US dealer buyer base. On your second question about the limit, that's a -- there are dynamic circumstances. So as total loss frequency rises, as we win more dealer cars, we then can win more dealer cars. So the logic is a little bit circular, but are we the absolute sweet spot for a perfectly intact $75,000 Audi today when it comes to liquidity, perhaps not yet, I'd argue we can achieve a very strong result there too. But there are certainly many cars and an increasing number of cars for which we are the obvious answer, and I don't think we're yet the obvious answer for $75,000 Audi's. But there is no ceiling per se. Probably the same, conceptually Daniel as people ask, what is the ceiling for total loss frequency, can it get to 25%, can it get to 30%? I think this is a dynamic picture and we'll see that evolution over time, but there is no reason there is a hard asymptote. Daniel Imbro -- Stephens -- Analyst That makes sense. And I guess, just tied Bob's question earlier, as you think about land capacity though, you're not feeling -- right now given the trade-off, but we don't have enough land for continued growth in either dealer or insurance cars, your land gives you flexibility to pursue both? Jeffrey Liaw -- President and Chief Executive Officer North America Correct. The combination of our land and our logistics and our planning is such that we are in position to serve our customers. Daniel Imbro -- Stephens -- Analyst Perfect. And then last question, just wanted to touch on the percentage of vehicles, I think the 10-K that was filed, they are getting sold overseas. I think we're still kind of in the mid 30s that's pretty flat from the year before. I guess where are we -- it's a hard question to answer, but in terms of innings, where are we at in terms of opening up new countries to sell into. Are there still larger emerging market thinking like India that you guys aren't selling into today? And maybe could you talk about, as what the steps look like as you enter into these new countries to really start of scaling those buyer bases, where you're not maybe fully matured today? Jeffrey Liaw -- President and Chief Executive Officer North America I think it's not anywhere close to mature. I think if you compare -- we do this exercise internally, some years ago, but if you compare long-term GDP growth rates and have that on one axis, on the other axis have vehicles per capita, the very fastest-growing economies in the world tend to be the ones with a fewest cars and vice versa. The ones with the slowest growing economies have the most cars to say, US, Western Europe, Japan, for example. And so there will be a 50-year trend of more of our used, wrecked, damaged vehicles moving overseas where they are meaningful contributors to economic and physical mobility there. So that theme isn't going away anytime soon. As for tactically how we pursue individual countries, we do both. So we are responsive when we see activity from countries that previously didn't buy and we'll invest in online and physical marketing in some cases we will invest in physical resources on the ground there as well to cultivate that new buyer base. And in some cases we are simply proactively identifying countries that fit the parameters that obviously country X looks a whole lot like countries Y and Z that already by a lot, let's go dip our toe there proactively even before we see actual buyer activity, so we do both. Daniel Imbro -- Stephens -- Analyst That's helpful. Thanks so much and best of luck. Jeffrey Liaw -- President and Chief Executive Officer North America Thank you. Operator Thank you. Our next question comes from Chris Bottiglieri with BNP Paribas. Please proceed with your question. Chris Bottiglieri -- Exane BNP Paribas -- Analyst Hey, thanks for taking my question. Just one quick clerical one to start off with. The revenue impact on the CAT was at roughly like 2% as well in terms of the contribution to revenue, like you gave volumes? Jeffrey Liaw -- President and Chief Executive Officer North America Yes. Directionally, yes. Chris Bottiglieri -- Exane BNP Paribas -- Analyst Okay, got you. And then, so wanted to ask about what you're seeing in terms of like telling availability to what extent that's become a constraint as more brick and mortar dealers are going digital and online retailers that's putting pressure on the system. And then like relatedly, you have like a small but growing fleet in the US that's dedicated for CAT events. But what do you do with those selling [Phonetic] vehicles when you're not in a CAT right, the other 365 -- 364 days of the year. How do you use those towing trucks in other parts of the year? And is there any opportunity to expand that to vertically integrate or is it just -- don't have scale, how do you think about that trade-off? Jeffrey Liaw -- President and Chief Executive Officer North America We're not deployed, they support our business in markets in which we are facing the most pressure in terms of towing vehicles. So you're right that even when there are not active storms we make good use of those assets. Medium long-term, I think there is -- there may well be an opportunity to invest further still here. Historically, we have done very well with a third-party contractor model. They tend to be very resourceful and productive and it's a good alignment of interest as they want to grow and support their own businesses and to work productively for us. But that's always -- it's an evolving mix in one we continue to evaluate overtime, during the catastrophic events and certainly even afterwards as well. We are certainly happy that we have those trucks and those drivers employed in-house, they have been very productive members of our team. Chris Bottiglieri -- Exane BNP Paribas -- Analyst Got it. Thank you. That's helpful. Operator [Operator Instructions] Thank you. Our next question comes from Bret Jordan with Jefferies. Please proceed with your question. Bret Jordan -- Jefferies -- Analyst Hey, good morning, guys. Jeffrey Liaw -- President and Chief Executive Officer North America Good morning, Bret. Bret Jordan -- Jefferies -- Analyst On the Ida cars and I think you called out the 14% US inventory growth. Have most of Ida cars been processed or are there any of that flow into the second quarter that might come with margins but fewer expenses associated with them? Jeffrey Liaw -- President and Chief Executive Officer North America Many of those cars are -- we have not yet sold the majority of the cars. So they're coming in -- many of them in the second quarter and some no doubt will -- there'll be a tail that takes longer sold than that. Bret Jordan -- Jefferies -- Analyst Okay. And then you did comment that insurance growth of 23% included both a higher total loss rate as well as share. Could you maybe give us some -- what was share versus total loss in that growth? Jeffrey Liaw -- President and Chief Executive Officer North America No, we don't break that out. And Bret, the shared commentary I think as you know is a long comments and pipeline in literally everyearnings callit's been true for a long time. The industry tends to move more slowly in terms of switching providers. But over the very long haul we have generally speaking grown our share both in the insurance realm and certainly non-insurance as well. And that was true in this quarter as it was in the past 30 quarters as well. Bret Jordan -- Jefferies -- Analyst Okay. And then I guess a question sort of a longer term, as you think about the purchase vehicle trend and purchase vehicles up 85%, if you were to think out three to five years, do you see this becoming a business where you are doing a greater percentage of your unit volume on purchased versus service? Jeffrey Liaw -- President and Chief Executive Officer North America No, I think that the long-term wins of history would suggest we move the other way, that we migrate eventually from principle to a consignment basis. The principal business, for example, in the UK, when we entered in 2007, it was largely principle oriented and today we shifted the strong majority over to a consignment basis instead, which we think is a better long-term alignment of our incentives with those of our sellers right, as opposed to being principle to trade against them, we are on the same side rooting for the highest possible sale price for those cars. Now the realm in which we do have more principle activities tend to be places where we are less established as a known brand and a known quantity. So today we are not yet a prominent consumer brand. So it's tough to ask Bret Jordan to consign his car through us and assume that we'll get a good return for you. Instead, we can offer you a compelling price you sell the car to us and we sold in turn as a principle. And did well [Phonetic] in the UK in the early days, today, that's no longer necessary, because we certainly are well-established brand among the insurance industry and otherwise in the UK. So at the point being all long-term as liquidity grows, as our recognition grows in those sub-sections of the marketplace so to speak, we'll migrate to a consignment model. Bret Jordan -- Jefferies -- Analyst Okay, great. And I guess one final question, just percentage. As you think about the run and drive that what percentage of the cars that you are processing could be put back on the road in these emerging markets? I mean, obviously, some are beyond repair. But when you think about the mix is it 30% or 40% of cars that you see in theory could be roadworthy again? Jeffrey Liaw -- President and Chief Executive Officer North America Of the cars that are exported, I don't know off-hand. But, so I don't want to speculate, but it's higher. That number doesn't sound unreasonable to me in part because there is a natural filter as you might imagine for the kinds of cars that's even worth putting out of both to get the Eastern Europe period, you will filter out the cars that are pure metal content or a couple of recycled parts and then otherwise dispose of, they tend to by their nature be the more drivable repairable cars that would ever leave the country in the first place. Bret Jordan -- Jefferies -- Analyst Right. Okay, thank you. Jeffrey Liaw -- President and Chief Executive Officer North America Thanks, Bret. Operator Thank you. Our next question is from Ryan Brinkman with JPMorgan. Please proceed with your question. Ryan Brinkman -- JPMorgan -- Analyst Hi, thanks for taking my question. I wanted to ask on what you think are the biggest drivers of your non-insurance volume, in particular the dealer cars which we know from following Car Global and ACV are under significant pressure as the chip shortages weighed on new vehicle inventories and therefore new vehicle sales and used vehicle trade-ins. Given your significant outperformance of the trended dealer cars, I'm curious if you're doing anything differently or have changed your go-to-market strategy with regard to dealer cars? Or maybe it's a function of your greater capacity after the land purchases or just what has been the drivers there and what do you think the longer term potential for dealer cars might be? Jeffrey Liaw -- President and Chief Executive Officer North America Sure. Nothing, nothing radical in terms of our approach. We have a very capable sales team who approaches those dealers and communicates our value proposition to them, being our global auction liquidity, subjecting your car to a global buyer base and finding the best home for that car whether it's in Ohio, Florida, Poland or Honduras. I think there is a compelling value proposition there, but there's nothing radical that we had changed in the last quarter or two or three. This is the byproduct of the auction liquidity, we've talked about a moment ago as well as our own proactive sales efforts. Ryan Brinkman -- JPMorgan -- Analyst Okay, thanks. And I'm not sure what percent of the non-insurance cars you auction are whole cars as opposed to like non-insurance salvage cars. Maybe you can help us with that? And then of the whole cars what percent are dealer cars versus from other sources such as off lease, off rental and repossession, because I think these other non-dealer whole car categories are down even more than the dealer cars. So just curious what you're seeing there too? And if those other categories are also a potential source of share gain going forward beyond the opportunity in dealer cars? Jeffrey Liaw -- President and Chief Executive Officer North America The answer to your latter question is yes, those are also relevant and addressable for us. And all cars, as you well know are, on the spectrum. So even what you define as a salvage versus whole car is a more nuanced matter, then a binary distinction between the two, but we have grown our business very naturally, of course, the rental car company with a car that's slightly damaged or meaningful damaged, we are absolute obvious home for older car. We are a good and obvious home for it as well. The newer rental cars, those of course are very meaningfully compressed in terms of industry -- available industry volume because of the shortage of new cars where fleets are hanging on the cars they've got. But yes, long-term those are addressable for us as well -- addressable targets for us as well. Ryan Brinkman -- JPMorgan -- Analyst Okay, thanks. And just lastly, I want to follow-up on your comment about higher used car prices being a global phenomenon. I found that quite interesting. Curious if you could, identify any sort of trends that you're seeing in terms of used vehicle inflation by market. I think it is more severe in the US. I don't know if you have any ideas as to why that might be or if that's not what you're seeing and also if used vehicle prices aren't playing more in the US than internationally, and the US dollar has somehow outperformed all expectations hanging in their very strong rallying [Phonetic] recently. What -- how does that impact affordability overseas for these cars? Jeffrey Liaw -- President and Chief Executive Officer North America I would say that the -- I think of vehicles with some notable exceptions. The automotive industry is being a reasonably liquidglobal market So I don't think you could see 50% inflation for two-year old Toyota Corolla in one market and 8% inflation in other currency adjusted. So I do think we have observed increases in used car values around the world in most countries in which we do business. There are sources of friction and distortion of course in comparing those trends, whether it's tariffs or shipping or otherwise. They can introduce discontinuities in that comparison, but by and large, I think of the vehicle business is being a global in nature. In terms of the long-term trends -- short-term trends, I think that, we certainly can be affected by currency in any given auction, in any given week and given quarter. Maybe in any given year, but I think the long-term trends of our cars being in higher demand in other countries is still than they are in the US, that's not going away, that's over a multiple year horizon will do off any currency effects. Ryan Brinkman -- JPMorgan -- Analyst Very helpful, thank you. Operator Thank you. Our last question comes from Chris Bottiglieri with BNP Paribas. Please proceed with your question. Chris Bottiglieri -- Exane BNP Paribas -- Analyst Hey guys, thanks for fitting me back in. Sort of follow up to Bret's question. Just want to make sure I heard you correctly. You said the vast majority of the CAT cars hadn't been sold yet. So should we expect it to be... Jeffrey Liaw -- President and Chief Executive Officer North America We sold a bunch for the majority of not yet being sold. Chris Bottiglieri -- Exane BNP Paribas -- Analyst Got you. So I mean, I'd be thinking like it was 1 point or 2 point impact this quarter is it like 2 points to 3 points or is it just much more than that. Any sense and the margin rate should be similar headwind, like how do we think about that? Jeffrey Liaw -- President and Chief Executive Officer North America Yes. As you know we don't provide any kind of forward guidance. Those cars will sell, they will generate revenue. They do have cost associated with them. They'll have some modifications. We'll talk about it next quarter. Chris Bottiglieri -- Exane BNP Paribas -- Analyst Yes, OK. Thank you. Operator Thank you. There are no further questions at this time. I would like to turn the floor back over to Jeff Liaw for any closing comments. Jeffrey Liaw -- President and Chief Executive Officer North America Good, thanks everyone for joining us. We'll talk to you next quarter. Operator [Operator Closing Remarks] Duration: 45 minutes Call participants: John North -- Chief Financial Officer Jeffrey Liaw -- President and Chief Executive Officer North America Stephanie Moore -- Truist Securities -- Analyst Bob Labick -- CJS Securities -- Analyst Craig Kennison -- Robert W. Baird -- Analyst Daniel Imbro -- Stephens -- Analyst Chris Bottiglieri -- Exane BNP Paribas -- Analyst Bret Jordan -- Jefferies -- Analyst Ryan Brinkman -- JPMorgan -- Analyst More CPRT analysis All earnings call transcripts This article is a transcript of this conference call produced for The Motley Fool. While we strive for our Foolish Best, there may be errors, omissions, or inaccuracies in this transcript. As with all our articles, The Motley Fool does not assume any responsibility for your use of this content, and we strongly encourage you to do your own research, including listening to the call yourself and reading the company's SEC filings. Please see our Terms and Conditions for additional details, including our Obligatory Capitalized Disclaimers of Liability. The Motley Fool recommends Copart. The Motley Fool has a disclosure policy. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Copart Q1 22 Earnings Conference Call At 11:00 AM ET (RTTNews) - Copart, Inc. (CPRT) will host a conference call at 11:00 AM ET on November 18, 2021, to discuss Q1 22 earnings results. Copart reported results on Wednesday, November 17, after market close. To access the live webcast, log on to https://www.copart.com/investorrelation/ The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.""]"
CPRT,2021-11-19,39.1388,39.1525,38.025,38.1025,
CPRT,2021-11-22,38.2975,38.2975,36.5,36.625,
CPRT,2021-11-23,36.585,37.4775,36.4225,37.115,"Notable Tuesday Option Activity: NEO, INTU, CPRT Looking at options trading activity among components of the Russell 3000 index, there is noteworthy activity today in NeoGenomics Inc (Symbol: NEO), where a total volume of 4,591 contracts has been traded thus far today, a contract volume which is representative of approximately 459,100 underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 54.7% of NEO's average daily trading volume over the past month, of 839,530 shares. Especially high volume was seen for the $40 strike put option expiring December 17, 2021, with 2,501 contracts trading so far today, representing approximately 250,100 underlying shares of NEO. Below is a chart showing NEO's trailing twelve month trading history, with the $40 strike highlighted in orange: Intuit Inc (Symbol: INTU) options are showing a volume of 7,190 contracts thus far today. That number of contracts represents approximately 719,000 underlying shares, working out to a sizeable 51.9% of INTU's average daily trading volume over the past month, of 1.4 million shares. Especially high volume was seen for the $640 strike put option expiring December 17, 2021, with 654 contracts trading so far today, representing approximately 65,400 underlying shares of INTU. Below is a chart showing INTU's trailing twelve month trading history, with the $640 strike highlighted in orange: And Copart Inc (Symbol: CPRT) options are showing a volume of 4,283 contracts thus far today. That number of contracts represents approximately 428,300 underlying shares, working out to a sizeable 51.7% of CPRT's average daily trading volume over the past month, of 828,300 shares. Particularly high volume was seen for the $155 strike call option expiring January 20, 2023, with 1,500 contracts trading so far today, representing approximately 150,000 underlying shares of CPRT. Below is a chart showing CPRT's trailing twelve month trading history, with the $155 strike highlighted in orange: For the various different available expirations for NEO options, INTU options, or CPRT options, visit StockOptionsChannel.com. Today's Most Active Call & Put Options of the S&P 500 » The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
CPRT,2021-11-24,36.92,37.1475,36.6675,37.13,
CPRT,2021-11-26,36.3475,37.015,36.2525,36.4825,
CPRT,2021-11-29,37.025,37.6725,36.455,37.0025,
CPRT,2021-11-30,36.8875,37.3625,36.0775,36.29,
CPRT,2021-12-01,36.925,37.1638,35.6123,35.63,
CPRT,2021-12-02,35.7825,36.9275,35.7825,36.7525,
CPRT,2021-12-03,37.07,37.11,35.5675,36.405,
CPRT,2021-12-06,36.68,36.75,35.925,36.43,
CPRT,2021-12-07,36.865,37.96,36.7625,37.655,"Is Now The Time To Put Copart (NASDAQ:CPRT) On Your Watchlist? Like a puppy chasing its tail, some new investors often chase 'the next big thing', even if that means buying 'story stocks' without revenue, let alone profit. But as Warren Buffett has mused, 'If you've been playing poker for half an hour and you still don't know who the patsy is, you're the patsy.' When they buy such story stocks, investors are all too often the patsy. In the age of tech-stock blue-sky investing, my choice may seem old fashioned; I still prefer profitable companies like Copart (NASDAQ:CPRT). Even if the shares are fully valued today, most capitalists would recognize its profits as the demonstration of steady value generation. Conversely, a loss-making company is yet to prove itself with profit, and eventually the sweet milk of external capital may run sour. How Fast Is Copart Growing? As one of my mentors once told me, share price follows earnings per share (EPS). That means EPS growth is considered a real positive by most successful long-term investors. Impressively, Copart has grown EPS by 29% per year, compound, in the last three years. As a general rule, we'd say that if a company can keep up that sort of growth, shareholders will be smiling. Careful consideration of revenue growth and earnings before interest and taxation (EBIT) margins can help inform a view on the sustainability of the recent profit growth. Copart shareholders can take confidence from the fact that EBIT margins are up from 38% to 42%, and revenue is growing. Ticking those two boxes is a good sign of growth, in my book. The chart below shows how the company's bottom and top lines have progressed over time. For finer detail, click on the image. NasdaqGS:CPRT Earnings and Revenue History December 7th 2021 Fortunately, we've got access to analyst forecasts of Copart's future profits. You can do your own forecasts without looking, or you can take a peek at what the professionals are predicting. Are Copart Insiders Aligned With All Shareholders? We would not expect to see insiders owning a large percentage of a US$35b company like Copart. But we are reassured by the fact they have invested in the company. Indeed, they have a glittering mountain of wealth invested in it, currently valued at US$3.5b. This suggests to me that leadership will be very mindful of shareholders' interests when making decisions! It's good to see that insiders are invested in the company, but are remuneration levels reasonable? Well, based on the CEO pay, I'd say they are indeed. I discovered that the median total compensation for the CEOs of companies like Copart, with market caps over US$8.0b, is about US$11m. The CEO of Copart only received US$491k in total compensation for the year ending . That looks like modest pay to me, and may hint at a certain respect for the interests of shareholders. While the level of CEO compensation isn't a huge factor in my view of the company, modest remuneration is a positive, because it suggests that the board keeps shareholder interests in mind. It can also be a sign of good governance, more generally. Is Copart Worth Keeping An Eye On? Given my belief that share price follows earnings per share you can easily imagine how I feel about Copart's strong EPS growth. If you need more convincing beyond that EPS growth rate, don't forget about the reasonable remuneration and the high insider ownership. This may only be a fast rundown, but the takeaway for me is that Copart is worth keeping an eye on. However, before you get too excited we've discovered 1 warning sign for Copart that you should be aware of. Of course, you can do well (sometimes) buying stocks that are not growing earnings and do not have insiders buying shares. But as a growth investor I always like to check out companies that do have those features. You can access a free list of them here. Please note the insider transactions discussed in this article refer to reportable transactions in the relevant jurisdiction. Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) simplywallst.com. This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
CPRT,2021-12-08,37.48,37.895,37.2775,37.4325,
CPRT,2021-12-09,37.455,37.74,37.045,37.0675,
CPRT,2021-12-10,37.34,37.45,36.7725,37.3025,
CPRT,2021-12-13,37.3025,37.39,36.39,36.4525,
CPRT,2021-12-14,36.16,36.96,36.005,36.77,
CPRT,2021-12-15,36.865,37.4175,36.295,37.32,
CPRT,2021-12-16,37.5,37.5475,36.3925,36.5575,
CPRT,2021-12-17,36.3875,36.55,35.5875,35.78,
CPRT,2021-12-20,35.3525,35.655,34.7175,35.49,
CPRT,2021-12-21,35.7625,35.97,35.5275,35.8825,
CPRT,2021-12-22,35.8825,36.5125,35.8825,36.35,
CPRT,2021-12-23,36.5025,36.805,36.385,36.545,
CPRT,2021-12-27,36.91,37.2275,36.735,37.1825,
CPRT,2021-12-28,37.3775,37.545,37.11,37.4375,
CPRT,2021-12-29,37.5075,37.8125,37.4,37.71,
CPRT,2021-12-30,37.8325,38.1425,37.65,37.77,
CPRT,2021-12-31,37.705,38.045,37.565,37.905,
CPRT,2022-01-03,37.925,38.05,36.4825,36.7375,
CPRT,2022-01-04,36.77,36.985,36.385,36.53,
CPRT,2022-01-05,36.4925,36.725,35.32,35.3775,
CPRT,2022-01-06,35.305,35.6525,35.03,35.37,"The Math Shows SPYX Can Go To $127 Looking at the underlying holdings of the ETFs in our coverage universe at ETF Channel, we have compared the trading price of each holding against the average analyst 12-month forward target price, and computed the weighted average implied analyst target price for the ETF itself. For the SPDR— S&P— 500 Fossil Fuel Reserves Free ETF (Symbol: SPYX), we found that the implied analyst target price for the ETF based upon its underlying holdings is $127.19 per unit. With SPYX trading at a recent price near $115.94 per unit, that means that analysts see 9.70% upside for this ETF looking through to the average analyst targets of the underlying holdings. Three of SPYX's underlying holdings with notable upside to their analyst target prices are Cintas Corporation (Symbol: CTAS), MarketAxess Holdings Inc. (Symbol: MKTX), and Copart Inc (Symbol: CPRT). Although CTAS has traded at a recent price of $405.98/share, the average analyst target is 11.76% higher at $453.71/share. Similarly, MKTX has 11.51% upside from the recent share price of $379.03 if the average analyst target price of $422.67/share is reached, and analysts on average are expecting CPRT to reach a target price of $157.50/share, which is 11.30% above the recent price of $141.51. Below is a twelve month price history chart comparing the stock performance of CTAS, MKTX, and CPRT: Below is a summary table of the current analyst target prices discussed above: NAME SYMBOL RECENT PRICE AVG. ANALYST 12-MO. TARGET % UPSIDE TO TARGET SPDR— S&P— 500 Fossil Fuel Reserves Free ETF SPYX $115.94 $127.19 9.70% Cintas Corporation CTAS $405.98 $453.71 11.76% MarketAxess Holdings Inc. MKTX $379.03 $422.67 11.51% Copart Inc CPRT $141.51 $157.50 11.30% Are analysts justified in these targets, or overly optimistic about where these stocks will be trading 12 months from now? Do the analysts have a valid justification for their targets, or are they behind the curve on recent company and industry developments? A high price target relative to a stock's trading price can reflect optimism about the future, but can also be a precursor to target price downgrades if the targets were a relic of the past. These are questions that require further investor research. 10 ETFs With Most Upside To Analyst Targets » The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
CPRT,2022-01-07,35.17,35.17,34.075,34.1025,"CPRT Makes Notable Cross Below Critical Moving Average In trading on Friday, shares of Copart Inc (Symbol: CPRT) crossed below their 200 day moving average of $137.85, changing hands as low as $137.81 per share. Copart Inc shares are currently trading down about 2.5% on the day. The chart below shows the one year performance of CPRT shares, versus its 200 day moving average: Looking at the chart above, CPRT's low point in its 52 week range is $101.92 per share, with $161.12 as the 52 week high point — that compares with a last trade of $137.89. The CPRT DMA information above was sourced from TechnicalAnalysisChannel.com Click here to find out which 9 other stocks recently crossed below their 200 day moving average » The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
CPRT,2022-01-10,33.7775,34.06,33.2125,34.0225,
CPRT,2022-01-11,34.0225,34.5425,33.3325,34.505,
CPRT,2022-01-12,34.72,35.4338,34.72,35.17,
CPRT,2022-01-13,35.255,35.345,34.275,34.6375,
CPRT,2022-01-14,34.3475,34.6375,33.5525,34.1775,
CPRT,2022-01-18,33.6,33.875,33.1025,33.235,
CPRT,2022-01-19,33.2375,33.6525,32.8975,32.975,
CPRT,2022-01-20,33.27,33.6425,32.075,32.1,
CPRT,2022-01-21,32.0775,32.435,31.6475,31.6725,"First Week of March 18th Options Trading For Copart (CPRT) Investors in Copart Inc (Symbol: CPRT) saw new options become available this week, for the March 18th expiration. At Stock Options Channel, our YieldBoost formula has looked up and down the CPRT options chain for the new March 18th contracts and identified one put and one call contract of particular interest. The put contract at the $100.00 strike price has a current bid of $1.10. If an investor was to sell-to-open that put contract, they are committing to purchase the stock at $100.00, but will also collect the premium, putting the cost basis of the shares at $98.90 (before broker commissions). To an investor already interested in purchasing shares of CPRT, that could represent an attractive alternative to paying $128.07/share today. Because the $100.00 strike represents an approximate 22% discount to the current trading price of the stock (in other words it is out-of-the-money by that percentage), there is also the possibility that the put contract would expire worthless. The current analytical data (including greeks and implied greeks) suggest the current odds of that happening are 99%. Stock Options Channel will track those odds over time to see how they change, publishing a chart of those numbers on our website under the contract detail page for this contract. Should the contract expire worthless, the premium would represent a 1.10% return on the cash commitment, or 7.17% annualized — at Stock Options Channel we call this the YieldBoost. Below is a chart showing the trailing twelve month trading history for Copart Inc, and highlighting in green where the $100.00 strike is located relative to that history: Turning to the calls side of the option chain, the call contract at the $135.00 strike price has a current bid of $3.60. If an investor was to purchase shares of CPRT stock at the current price level of $128.07/share, and then sell-to-open that call contract as a ""covered call,"" they are committing to sell the stock at $135.00. Considering the call seller will also collect the premium, that would drive a total return (excluding dividends, if any) of 8.22% if the stock gets called away at the March 18th expiration (before broker commissions). Of course, a lot of upside could potentially be left on the table if CPRT shares really soar, which is why looking at the trailing twelve month trading history for Copart Inc, as well as studying the business fundamentals becomes important. Below is a chart showing CPRT's trailing twelve month trading history, with the $135.00 strike highlighted in red: Considering the fact that the $135.00 strike represents an approximate 5% premium to the current trading price of the stock (in other words it is out-of-the-money by that percentage), there is also the possibility that the covered call contract would expire worthless, in which case the investor would keep both their shares of stock and the premium collected. The current analytical data (including greeks and implied greeks) suggest the current odds of that happening are 69%. On our website under the contract detail page for this contract, Stock Options Channel will track those odds over time to see how they change and publish a chart of those numbers (the trading history of the option contract will also be charted). Should the covered call contract expire worthless, the premium would represent a 2.81% boost of extra return to the investor, or 18.34% annualized, which we refer to as the YieldBoost. The implied volatility in the put contract example is 52%, while the implied volatility in the call contract example is 34%. Meanwhile, we calculate the actual trailing twelve month volatility (considering the last 253 trading day closing values as well as today's price of $128.07) to be 25%. For more put and call options contract ideas worth looking at, visit StockOptionsChannel.com. Top YieldBoost Calls of the Nasdaq 100 » The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
CPRT,2022-01-24,31.305,32.39,30.72,32.355,
CPRT,2022-01-25,31.68,32.2975,31.2275,31.7725,
CPRT,2022-01-26,31.9625,32.2944,30.5275,30.7975,
CPRT,2022-01-27,31.2275,31.395,30.1425,30.3775,
CPRT,2022-01-28,30.5725,31.3725,30.2925,31.355,
CPRT,2022-01-31,31.3375,32.335,31.265,32.3125,
CPRT,2022-02-01,32.3125,32.8025,31.845,32.3575,
CPRT,2022-02-02,32.3925,33.0725,32.3,32.965,
CPRT,2022-02-03,32.5175,32.9825,32.065,32.105,
CPRT,2022-02-04,31.8875,32.415,31.4225,32.03,
CPRT,2022-02-07,32.0775,32.42,31.9025,32.005,
CPRT,2022-02-08,31.9425,32.375,31.435,32.0875,
CPRT,2022-02-09,32.5775,32.8875,32.4675,32.8125,
CPRT,2022-02-10,32.04,32.8625,31.815,32.1075,"[""Copart, Inc. (CPRT) Earnings Expected to Grow: Should You Buy? Wall Street expects a year-over-year increase in earnings on higher revenues when Copart, Inc. (CPRT) reports results for the quarter ended January 2022. While this widely-known consensus outlook is important in gauging the company's earnings picture, a powerful factor that could impact its near-term stock price is how the actual results compare to these estimates. The stock might move higher if these key numbers top expectations in the upcoming earnings report. On the other hand, if they miss, the stock may move lower. While management's discussion of business conditions on theearnings callwill mostly determine the sustainability of the immediate price change and future earnings expectations, it's worth having a handicapping insight into the odds of a positive EPS surprise. Zacks Consensus Estimate This company is expected to post quarterly earnings of $1.04 per share in its upcoming report, which represents a year-over-year change of +30%. Revenues are expected to be $786.92 million, up 27.5% from the year-ago quarter. Estimate Revisions Trend The consensus EPS estimate for the quarter has remained unchanged over the last 30 days. This is essentially a reflection of how the covering analysts have collectively reassessed their initial estimates over this period. Investors should keep in mind that an aggregate change may not always reflect the direction of estimate revisions by each of the covering analysts. Earnings Whisper Estimate revisions ahead of a company's earnings release offer clues to the business conditions for the period whose results are coming out. Our proprietary surprise prediction model -- the Zacks Earnings ESP (Expected Surprise Prediction) -- has this insight at its core. The Zacks Earnings ESP compares the Most Accurate Estimate to the Zacks Consensus Estimate for the quarter; the Most Accurate Estimate is a more recent version of the Zacks Consensus EPS estimate. The idea here is that analysts revising their estimates right before an earnings release have the latest information, which could potentially be more accurate than what they and others contributing to the consensus had predicted earlier. Thus, a positive or negative Earnings ESP reading theoretically indicates the likely deviation of the actual earnings from the consensus estimate. However, the model's predictive power is significant for positive ESP readings only. A positive Earnings ESP is a strong predictor of an earnings beat, particularly when combined with a Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold). Our research shows that stocks with this combination produce a positive surprise nearly 70% of the time, and a solid Zacks Rank actually increases the predictive power of Earnings ESP. Please note that a negative Earnings ESP reading is not indicative of an earnings miss. Our research shows that it is difficult to predict an earnings beat with any degree of confidence for stocks with negative Earnings ESP readings and/or Zacks Rank of 4 (Sell) or 5 (Strong Sell). How Have the Numbers Shaped Up for Copart, Inc. For Copart, Inc.The Most Accurate Estimate is the same as the Zacks Consensus Estimate, suggesting that there are no recent analyst views which differ from what have been considered to derive the consensus estimate. This has resulted in an Earnings ESP of 0%. On the other hand, the stock currently carries a Zacks Rank of #3. So, this combination makes it difficult to conclusively predict that Copart, Inc. Will beat the consensus EPS estimate. Does Earnings Surprise History Hold Any Clue? Analysts often consider to what extent a company has been able to match consensus estimates in the past while calculating their estimates for its future earnings. So, it's worth taking a look at the surprise history for gauging its influence on the upcoming number. For the last reported quarter, it was expected that Copart, Inc. Would post earnings of $0.99 per share when it actually produced earnings of $1.07, delivering a surprise of +8.08%. Over the last four quarters, the company has beaten consensus EPS estimates four times. Bottom Line An earnings beat or miss may not be the sole basis for a stock moving higher or lower. Many stocks end up losing ground despite an earnings beat due to other factors that disappoint investors. Similarly, unforeseen catalysts help a number of stocks gain despite an earnings miss. That said, betting on stocks that are expected to beat earnings expectations does increase the odds of success. This is why it's worth checking a company's Earnings ESP and Zacks Rank ahead of its quarterly release. Make sure to utilize our Earnings ESP Filter to uncover the best stocks to buy or sell before they've reported. Copart, Inc. Doesn't appear a compelling earnings-beat candidate. However, investors should pay attention to other factors too for betting on this stock or staying away from it ahead of its earnings release. Stay on top of upcoming earnings announcements with the Zacks Earnings Calendar. 7 Best Stocks for the Next 30 Days Just released: Experts distill 7 elite stocks from the current list of 220 Zacks Rank #1 Strong Buys. They deem these tickers \""Most Likely for Early Price Pops.\"" Since 1988, the full list has beaten the market more than 2X over with an average gain of +25.4% per year. So be sure to give these hand-picked 7 your immediate attention. See them now >> Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Copart, Inc. (CPRT): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""These 4 Measures Indicate That Copart (NASDAQ:CPRT) Is Using Debt Safely Warren Buffett famously said, 'Volatility is far from synonymous with risk.' It's only natural to consider a company's balance sheet when you examine how risky it is, since debt is often involved when a business collapses. As with many other companies Copart, Inc. (NASDAQ:CPRT) makes use of debt. But should shareholders be worried about its use of debt? When Is Debt Dangerous? Debt and other liabilities become risky for a business when it cannot easily fulfill those obligations, either with free cash flow or by raising capital at an attractive price. Part and parcel of capitalism is the process of 'creative destruction' where failed businesses are mercilessly liquidated by their bankers. While that is not too common, we often do see indebted companies permanently diluting shareholders because lenders force them to raise capital at a distressed price. By replacing dilution, though, debt can be an extremely good tool for businesses that need capital to invest in growth at high rates of return. The first step when considering a company's debt levels is to consider its cash and debt together. What Is Copart's Debt? As you can see below, Copart had US$408.9m of debt, at October 2021, which is about the same as the year before. You can click the chart for greater detail. However, it does have US$1.30b in cash offsetting this, leading to net cash of US$889.4m. NasdaqGS:CPRT Debt to Equity History February 10th 2022 How Healthy Is Copart's Balance Sheet? We can see from the most recent balance sheet that Copart had liabilities of US$491.9m falling due within a year, and liabilities of US$633.1m due beyond that. Offsetting these obligations, it had cash of US$1.30b as well as receivables valued at US$116.8m due within 12 months. So it actually has US$290.1m more liquid assets than total liabilities. This state of affairs indicates that Copart's balance sheet looks quite solid, as its total liabilities are just about equal to its liquid assets. So while it's hard to imagine that the US$31.1b company is struggling for cash, we still think it's worth monitoring its balance sheet. Succinctly put, Copart boasts net cash, so it's fair to say it does not have a heavy debt load! In addition to that, we're happy to report that Copart has boosted its EBIT by 42%, thus reducing the spectre of future debt repayments. The balance sheet is clearly the area to focus on when you are analysing debt. But it is future earnings, more than anything, that will determine Copart's ability to maintain a healthy balance sheet going forward. So if you want to see what the professionals think, you might find this free report on analyst profit forecasts to be interesting. Finally, a company can only pay off debt with cold hard cash, not accounting profits. Copart may have net cash on the balance sheet, but it is still interesting to look at how well the business converts its earnings before interest and tax (EBIT) to free cash flow, because that will influence both its need for, and its capacity to manage debt. In the last three years, Copart's free cash flow amounted to 47% of its EBIT, less than we'd expect. That's not great, when it comes to paying down debt. Summing up While it is always sensible to investigate a company's debt, in this case Copart has US$889.4m in net cash and a decent-looking balance sheet. And it impressed us with its EBIT growth of 42% over the last year. So is Copart's debt a risk? It doesn't seem so to us. Another factor that would give us confidence in Copart would be if insiders have been buying shares: if you're conscious of that signal too, you can find out instantly by clicking this link. If you're interested in investing in businesses that can grow profits without the burden of debt, then check out this free list of growing businesses that have net cash on the balance sheet. Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) simplywallst.com. This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.""]"
CPRT,2022-02-11,32.2275,32.2812,30.0825,30.325,"Friday Sector Laggards: Technology & Communications, Industrial In afternoon trading on Friday, Technology & Communications stocks are the worst performing sector, showing a 2.6% loss. Within that group, Xilinx, Inc. (Symbol: XLNX) and Advanced Micro Devices Inc (Symbol: AMD) are two of the day's laggards, showing a loss of 8.7% and 8.7%, respectively. Among technology ETFs, one ETF following the sector is the Technology Select Sector SPDR ETF (Symbol: XLK), which is down 2.5% on the day, and down 10.42% year-to-date. Xilinx, Inc., meanwhile, is down 6.60% year-to-date, and Advanced Micro Devices Inc, is down 20.16% year-to-date. Combined, XLNX and AMD make up approximately 2.0% of the underlying holdings of XLK. The next worst performing sector is the Industrial sector, showing a 2.0% loss. Among large Industrial stocks, American Airlines Group Inc (Symbol: AAL) and Copart Inc (Symbol: CPRT) are the most notable, showing a loss of 6.0% and 5.6%, respectively. One ETF closely tracking Industrial stocks is the Industrial Select Sector SPDR ETF (XLI), which is down 1.5% in midday trading, and down 6.05% on a year-to-date basis. American Airlines Group Inc, meanwhile, is down 2.08% year-to-date, and Copart Inc, is down 20.04% year-to-date. Combined, AAL and CPRT make up approximately 1.3% of the underlying holdings of XLI. Comparing these stocks and ETFs on a trailing twelve month basis, below is a relative stock price performance chart, with each of the symbols shown in a different color as labeled in the legend at the bottom: Here's a snapshot of how the S&P 500 components within the various sectors are faring in afternoon trading on Friday. As you can see, one sector is up on the day, while eight sectors are down. SECTOR % CHANGE Energy +2.4% Utilities -0.1% Consumer Products -0.8% Materials -0.9% Healthcare -1.2% Financial -1.3% Services -1.7% Industrial -2.0% Technology & Communications -2.6% 10 ETFs With Stocks That Insiders Are Buying » The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
CPRT,2022-02-14,30.485,31.1875,30.4275,30.6825,
CPRT,2022-02-15,31.2575,31.765,31.1,31.695,
CPRT,2022-02-16,31.5325,31.9088,31.2075,31.7175,"[""After-Hours Earnings Report for February 16, 2022 : NVDA, CSCO, AMAT, EQIX, PXD, AIG, SNPS, NTR, DASH, WCN, CPRT, ES The following companies are expected to report earnings after hours on 02/16/2022. Visit our Earnings Calendar for a full list of expected earnings releases. NVIDIA Corporation (NVDA)is reporting for the quarter ending January 31, 2022. The semiconductor company's consensus earnings per share forecast from the 10 analysts that follow the stock is $1.01. This value represents a 57.81% increase compared to the same quarter last year. In the past year NVDA has beat the expectations every quarter. The highest one was in the 4th calendar quarter where they beat the consensus by 6.32%. Zacks Investment Research reports that the 2022 Price to Earnings ratio for NVDA is 72.99 vs. an industry ratio of 18.40, implying that they will have a higher earnings growth than their competitors in the same industry. Cisco Systems, Inc. (CSCO)is reporting for the quarter ending January 31, 2022. The computer networks company's consensus earnings per share forecast from the 10 analysts that follow the stock is $0.73. This value represents a 2.82% increase compared to the same quarter last year. In the past year CSCO has beat the expectations every quarter. The highest one was in the 4th calendar quarter where they beat the consensus by 1.39%. Zacks Investment Research reports that the 2022 Price to Earnings ratio for CSCO is 17.68 vs. an industry ratio of 32.30. Applied Materials, Inc. (AMAT)is reporting for the quarter ending January 31, 2022. The capital goods company's consensus earnings per share forecast from the 11 analysts that follow the stock is $1.85. This value represents a 33.09% increase compared to the same quarter last year. In the past year AMAT has met analyst expectations once and beat the expectations the other three quarters. Zacks Investment Research reports that the 2022 Price to Earnings ratio for AMAT is 17.16 vs. an industry ratio of 22.50. Equinix, Inc. (EQIX)is reporting for the quarter ending December 31, 2021. The reit company's consensus earnings per share forecast from the 4 analysts that follow the stock is $5.63. This value represents a 2.26% decrease compared to the same quarter last year. In the past year EQIX has beat the expectations every quarter. The highest one was in the 3rd calendar quarter where they beat the consensus by 16.25%. Zacks Investment Research reports that the 2021 Price to Earnings ratio for EQIX is 27.93 vs. an industry ratio of 13.80, implying that they will have a higher earnings growth than their competitors in the same industry. Pioneer Natural Resources Company (PXD)is reporting for the quarter ending December 31, 2021. The oil (us exp & production) company's consensus earnings per share forecast from the 10 analysts that follow the stock is $4.05. This value represents a 278.50% increase compared to the same quarter last year. PXD missed the consensus earnings per share in the 2nd calendar quarter of 2021 by -2.67%. Zacks Investment Research reports that the 2021 Price to Earnings ratio for PXD is 17.27 vs. an industry ratio of 9.50, implying that they will have a higher earnings growth than their competitors in the same industry. American International Group, Inc. (AIG)is reporting for the quarter ending December 31, 2021. The insurance company's consensus earnings per share forecast from the 4 analysts that follow the stock is $1.14. This value represents a 21.28% increase compared to the same quarter last year. AIG missed the consensus earnings per share in the 4th calendar quarter of 2020 by -4.08%. Zacks Investment Research reports that the 2021 Price to Earnings ratio for AIG is 12.87 vs. an industry ratio of 13.70. Synopsys, Inc. (SNPS)is reporting for the quarter ending January 31, 2022. The computer software company's consensus earnings per share forecast from the 2 analysts that follow the stock is $1.79. This value represents a 73.79% increase compared to the same quarter last year. Zacks Investment Research reports that the 2022 Price to Earnings ratio for SNPS is 56.38 vs. an industry ratio of 27.70, implying that they will have a higher earnings growth than their competitors in the same industry. Nutrien Ltd. (NTR)is reporting for the quarter ending December 31, 2021. The fertilizers company's consensus earnings per share forecast from the 6 analysts that follow the stock is $2.30. This value represents a 858.33% increase compared to the same quarter last year. NTR missed the consensus earnings per share in the 2nd calendar quarter of 2021 by -0.48%. Zacks Investment Research reports that the 2021 Price to Earnings ratio for NTR is 12.61 vs. an industry ratio of 13.20. DoorDash, Inc. (DASH)is reporting for the quarter ending December 31, 2021. The internet services company's consensus earnings per share forecast from the 6 analysts that follow the stock is $-0.28. This value represents a 89.51% increase compared to the same quarter last year. Zacks Investment Research reports that the 2021 Price to Earnings ratio for DASH is -86.28 vs. an industry ratio of 0.70. Waste Connections, Inc. (WCN)is reporting for the quarter ending December 31, 2021. The waste removal company's consensus earnings per share forecast from the 9 analysts that follow the stock is $0.81. This value represents a 19.12% increase compared to the same quarter last year. In the past year WCN has beat the expectations every quarter. The highest one was in the 3rd calendar quarter where they beat the consensus by 4.71%. Zacks Investment Research reports that the 2021 Price to Earnings ratio for WCN is 37.26 vs. an industry ratio of 55.30. Copart, Inc. (CPRT)is reporting for the quarter ending January 31, 2022. The auction company's consensus earnings per share forecast from the 4 analysts that follow the stock is $1.04. This value represents a 30.00% increase compared to the same quarter last year. In the past year CPRT has beat the expectations every quarter. The highest one was in the 4th calendar quarter where they beat the consensus by 8.08%. Zacks Investment Research reports that the 2022 Price to Earnings ratio for CPRT is 29.90 vs. an industry ratio of 35.70. Eversource Energy (ES)is reporting for the quarter ending December 31, 2021. The electric power utilities company's consensus earnings per share forecast from the 6 analysts that follow the stock is $0.93. This value represents a 9.41% increase compared to the same quarter last year. The last two quarters ES had negative earnings surprises; the latest report they missed by -2.86%. Zacks Investment Research reports that the 2021 Price to Earnings ratio for ES is 21.40 vs. an industry ratio of 17.10, implying that they will have a higher earnings growth than their competitors in the same industry. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Can Copart (CPRT) Maintain its Earnings Beat Streak in Q2? Copart, Inc. CPRT is set to release second-quarter fiscal 2022 results today, after the closing bell. The Zacks Consensus Estimate for the quarter\u2019s earnings per share and revenues is $1.04 and $787 million, respectively. In the last reported quarter, the Texas-based online vehicle auctioning company posted an earnings beat on higher-than-expected vehicle sales and service revenues. The bottom line also surged 51.5% year over year. Copart surpassed the Zacks Consensus Estimate in the trailing four quarters, with the average being 15.3%. Copart, Inc. Price and EPS Surprise Copart, Inc. price-eps-surprise | Copart, Inc. Quote Trend in Estimate Revisions The Zacks Consensus Estimate for quarterly revenues indicates a 27.5% rise year over year. The Zacks Consensus Estimate for fiscal second-quarter earnings has been revised upward by 5 cents over the past 90 days. The bottom-line forecast calls for an increase of 30% year over year. Factors Shaping Q2 Results Copart\u2019s active presence in the United States and international markets is likely to have bolstered the firm\u2019s performance during the to-be-reported quarter. The Zacks Consensus Estimate for service revenues is pegged at $656 million, indicating an uptick of 23% year over year. Also, the consensus mark for vehicle sales is $116 million, calling for a rise from $84 million reported in the prior-year quarter. Copart\u2019s buyout of Kentucky-based online auctioning platform, Vincent Auto Solutions, strengthened its footprint in Western Kentucky and is likely to have contributed to sales during the quarter to be reported. The strategic partnership with CHAMPtitles to introduce an automated digital platform for car sellers is also likely to have buoyed the company\u2019s second-quarter fiscal 2022 revenues. Robust demand for vehicle remarketing services and higher average selling prices from international online bidders would also reflect positively on its upcoming results. Yet, rising operating expenses and high storage and labor costs are expected to have dented margins. The consensus mark for the cost of vehicle sales is pegged at $102 million, implying a year-over-year rise of 38%. Also, increased investments due to business expansion should have clipped Copart\u2019s bottom line to some extent. What the Zacks Model Says Our proven model does not conclusively predict an earnings beat for Copart this time around. The combination of a positive Earnings ESP and a Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold) increases the odds of an earnings beat, which is not the case here. Earnings ESP: It has an Earnings ESP of 0.00%. You can uncover the best stocks to buy or sell before they\u2019re reported with our Earnings ESP Filter. Zacks Rank: Copart \u2014 whose peers include KAR Auctions Services Inc. KAR and Insurance Auto Auctions aka IAA, Inc. IAA \u2014 currently carries a Zacks Rank of 3. You can see the complete list of today\u2019s Zacks #1 Rank stocks here. Peer Updates Insurance Auto reported fourth-quarter 2021 results on Feb 11. It posted adjusted earnings of 61 cents a share, in line with the Zacks Consensus Estimate. The bottom line grew from the year-ago earnings of 48 cents a share. Revenues of $548.1 million rose 43% year over year and came ahead of the consensus mark of $498 million. This Illinois-based auto auction company surpassed earnings estimates in two of the trailing four quarters, matched the mark once and missed the same on another occasion, with the average surprise being 13.6%. The Zacks Consensus Estimate for IAA\u2019s fiscal 2022 and 2023 earnings implies year-over-year growth of 2.9% and 0.07%, respectively. Insurance Auto currently carries a Zacks Rank #4 (Sell). KAR Auctions is set to report fourth-quarter 2021 results today, after the closing bell. Our model doesn\u2019t conclusively predict an earnings beat for KAR Auctions this time around. The company has an Earnings ESP of +1.97% and a Zacks Rank #2. The Zacks Consensus Estimate for KAR\u2019s fourth-quarter earnings per share and revenues is pegged at 5 cents and $522 million, respectively. This Indiana-based provider of auction services and technologies for the auto market surpassed earnings estimates in two of the trailing four quarters and missed twice, with the average surprise being 45%. Stay on top of upcoming earnings announcements with the Zacks Earnings Calendar. 5 Stocks Set to Double Each was handpicked by a Zacks expert as the #1 favorite stock to gain +100% or more in 2021. Previous recommendations have soared +143.0%, +175.9%, +498.3% and +673.0%. Most of the stocks in this report are flying under Wall Street radar, which provides a great opportunity to get in on the ground floor. Today, See These 5 Potential Home Runs >> Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Copart, Inc. (CPRT): Free Stock Analysis Report KAR Auction Services, Inc (KAR): Free Stock Analysis Report IAA, Inc. (IAA): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Copart, Inc. Q2 Profit Increases, beats estimates (RTTNews) - Copart, Inc. (CPRT) revealed a profit for its second quarter that increased from last year and beat the Street estimates. The company's bottom line came in at $287.41 million, or $1.19 per share. This compares with $193.44 million, or $0.81 per share, in last year's second quarter. Excluding items, Copart, Inc. reported adjusted earnings of $265.96 million or $1.10 per share for the period. Analysts on average had expected the company to earn $1.07 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items. The company's revenue for the quarter rose 40.6% to $867.46 million from $617.03 million last year. Copart, Inc. earnings at a glance (GAAP) : -Earnings (Q2): $287.41 Mln. vs. $193.44 Mln. last year. -EPS (Q2): $1.19 vs. $0.81 last year. -Analyst Estimate: $1.07 -Revenue (Q2): $867.46 Mln vs. $617.03 Mln last year. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.""]"
CPRT,2022-02-17,31.38,31.8475,30.905,31.2,"[""Copart Q2 22 Earnings Conference Call At 11:00 AM ET (RTTNews) - Copart, Inc. (CPRT) will host a conference call at 11:00 AM ET on Feb. 17, 2022, to discuss Q2 22 earnings results. To access the live webcast, log on to https://www.copart.com/investorrelation/?intcmp=web_footer_investerrelations_en The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Copart (CPRT) Q2 2022 Earnings Call Transcript Image source: The Motley Fool. Copart (NASDAQ: CPRT) Q2 2022 Earnings Call Feb 17, 2022, 11:00 a.m. ET Contents: Prepared Remarks Questions and Answers Call Participants Prepared Remarks: Operator Good day, everyone, and welcome to the Copart Incorporated second quarter fiscal 2022earnings call Just a reminder, today's conference is being recorded. For opening remarks and introductions, I would like to turn the call over to Mr. John North, chief financial officer of Copart Incorporated. Please go ahead, sir. John North -- Chief Financial Officer During today's call, we'll discuss certain non-GAAP measure, which include adjustments to reverse the effect of certain discrete income tax items, foreign currency-related gain, [Inaudible] income tax benefits and payroll taxes related to accounting for stock option exercises. We provided a reconciliation of these non-GAAP financial measures to the most directly comparable GAAP measures on our Investor Relations website and in our press release issued yesterday. We believe these non-GAAP measures together with our corresponding GAAP measures are relevant in analyzing our results and assessing our business trends and performance. In addition, our comments today include forward-looking statements within the meaning of federal securities laws, including management's current views with respect to trends, opportunities, and uncertainties in our markets, including the COVID-19 pandemic. These forward-looking statements involve substantial risks and uncertainties. For more detail on the risks associated with our business, we refer you to the section titled Risk Factors in our Annual Report on Form 10-K for the year ended July 31, 2021 and each of our subsequent quarterly reports on Form 10-Q. Any forward-looking statements are made as of today and we have no obligation to update or revise any forward-looking statements. And so with that out of the way, I'd like to turn the call over to our president, Jeffrey Liaw. 10 stocks we like better than Copart When our award-winning analyst team has a stock tip, it can pay to listen. After all, the newsletter they have run for over a decade, Motley Fool Stock Advisor, has tripled the market.* They just revealed what they believe are the ten best stocks for investors to buy right now... and Copart wasn't one of them! That's right -- they think these 10 stocks are even better buys. See the 10 stocks *Stock Advisor returns as of January 20, 2022 Jeffrey Liaw -- President and Chief Executive Officer, North America Thanks, John. Good morning, everyone. We're pleased to report a strong second quarter for fiscal 2022. I know that over the course of our discussion today, we'll naturally migrate to a discussion of near-term trends such as driving patterns, new vehicle production, total loss frequency, cost inflation, market share trends, and the like. But I'll start by observing that the long-term fundamentals of our business are as strong as they've ever been, auction liquidity and returns, member recruitment, and participation, our collaborative engagement with our clients day to day and in catastrophic situations, and certainly our aggressive reinvestment in capacity, technology, and people that make all of the above a reality. A quick thank you to the Copart team worldwide for their efforts in making these true. Our results in the second quarter financially were largely a continuation of what we experienced in the first quarter as we observed commerce and mobility, continuing to trend back to the \""new normal,\"" which we'll elaborate on to in greater detail; accident and assignment volumes, beginning and continuing to recover; and ASPs remaining elevated as well. As I've done previously, I'll elaborate on a handful of key themes for the quarter and John will provide additional detail and perspective as well. Starting with our unit trends for the quarter, our unit sales globally increased 19% year over year, with a U.S. increase of 21% and international increase of 9%. Our insurance business in the U.S. in particular grew over the second quarter of 2021 by 21.5% and was also up on a two-year comparison versus fiscal 2020 due to the recovery I described a moment ago as well the share gains. Notably, our unit volume has been reduced by increasing used car prices, which I'll described in greater detail momentarily. As we noted a moment ago, driving activity continues to rebound as measured across a number of different dimensions, including simply vehicle miles driven as measured by the U.S. Department of Transportation and the U.K. Department of Transport Statistics and gasoline consumption, and a host of other statistics as well. We note, however, that the character of driving has evolved as well. With downtown office occupancy remaining quite low, driving is less focused at rush hour and more distributed over the course of the day. There are a number of other phenomenon that have emerged with COVID-19 with nuanced outcomes like that one. The next theme I'd tackle is total loss frequency, which for the first time in our memory, we have noted, has declined sequentially from the third quarter calendar quarter of 2021 to the fourth quarter from 19.3% to 19%. That's, of course, a very fine measure in that case. But in any case, it's the first time we have seen a decline as opposed to the long standing increases we've observed over the course of our 40-year history. This is a reflection of the very strong used car price environment and vehicle availability. Used car availability reducing its time assignment volume relative to what it otherwise would be. As most of you already well know, insurance companies typically compare the cost to repair a vehicle to the difference between the pre-accident value and what they can recover at an auction through Copart for the damaged vehicle. While our auction returns are at/or near all-time highs and have kept pace with used car appreciation on a percentage basis, higher pre-accident values certainly do reduce our volume relative to what they otherwise would have been. As those who are following us in the industry in general would well know, there are a host of countervailing forces also working in our favor, which have been incorporated into our client's total loss decision process to varying degrees. Accident severity and repair costs are up. We are facing, and our clients are facing, larger repair supplements. Repair cycle times are up, parts are delayed, and rentals are both longer and at higher rates than they ever have been. We certainly look to the 40-year trend in the 40-year history of total loss frequency as the right long-term perspective. Total loss frequency as a reminder, was 4% in 1980 and effectively 20% today, a five-fold increase over the company's history. We take that to mean that we're likely experiencing a temporary dislocation as a function of used car prices. The secular trends we have discussed previously remain true. Vehicle complexity rises, vehicle composition becomes less repairable substrates, like composites and aluminum, making cars more expensive to repair, and our auction liquidity and international member base makes them ever more efficient to total instead. We believe that as used vehicle values, potentially peak and trend back to historical norms in the future, we may see some moderation and ASPs will certainly benefit from volume increases as well. Moving to our non-insurance business, we've continued to expand our market share there. Excluding cars, as we customarily do from sources such as wholesalers and charities, our U.S. non-insurance business grew on a unit basis by 4.5%, driven in part by growth in our Copart Direct business, as well as consignments from rental fleets, and financial institutions. Across our various non-insurance channels, we believe our growth is a reflection of market share capture as a function in turn of our auction liquidity and returns, combined with our own proactive selling efforts. The cars we are in the right to sell on behalf of insurance companies through our online auction platform no doubt enables to -- enable us to achieve superior returns for progressively more non-insurance cars as well. And in turn, these dealer, rental, bank, and consumer cars further contribute to our auction liquidity, spinning the flywheel to benefit our insurance sellers as well. Turning then to our average selling prices, we continue to experience ASP strength, as previously noted. Worldwide are selling prices grew 20% year over year for the quarter. The Manheim used car vehicle index is currently at record levels in January at 236.3, an increase of 45% year over year. Since the beginning of the pandemic, our selling prices, frankly, increased earlier, but have kept pace in the aggregate with the Manheim used car index. When we look forward prospectively, we note that a variety of industry sources indicate the chip shortages will persist for 2022 and potentially well into 2023. We've seen a variety of forecasts. We are, from a business perspective, certainly prepared for the influx of volume that may come with softening in used car prices. With that, I'll hand the call to John North. John North -- Chief Financial Officer Thanks, Jeff. I'll make a few comments on our operational results and then we'll take a few questions. For the second quarter, global revenue increased $250 million, or 40.6%, including a $3 million loss due to currency. Global service revenue increased $178.5 million, or 33.5%, primarily due to higher average selling prices and increased volume. U.S. service revenue grew 35.5%, international experienced an increase of 20%. Purchase vehicle sales increased 71.9% or 85.2% -- purchase vehicle sales increased $71.9 million, or 85.2%, due to higher ASPs and increased volumes. U.S. purchased vehicle revenue was up 84% over the prior year and international grew 87%. As a result, purchase vehicle gross profit defined as vehicle sales less cost of vehicle sales increased by $5 million overall. Global gross profit in the second quarter increased by $95.8 million, or 31%, and our gross margin percentage decreased by approximately 350 basis points to 46.5%. U.S. margins declined from 52.2% to 49.4%, and international margins decreased from 37.6% to 31.6%. The margin decline was primarily attributable to two factors. Approximately 150 basis points of decline is due to the mix shift from a greater proportion of purchased vehicles, which have a lower gross margin but a similar profit per vehicle. The balance of our margin contraction is attributable to cost inflation offset partially by higher revenue per unit. There was a very modest impact to margin rate due to Hurricane Ida as we continue to incur expenses due to the sale of vehicles confined to us from that event although we have now sold through approximately 85% of our assignment volume from the storm. I remain excited by the opportunity to increase margin over time as we add additional scale and find further operational efficiencies through technology and innovation. I will now move to a discussion of G&A expenditures, excluding stock compensation and appreciation. G&A spend in the quarter increased $7 million from $35.8 million a year ago to $42.7 million this year, and increased slightly on a sequential basis from $41.1 million last quarter. However, as a percentage of revenue, it was down 88 basis points to 4.9%, compared to 5.8% last year. While G&A can be volatile from period to period, we anticipate G&A to continue to decline as a percentage of revenue as we grow our business and create additional leverage. As a result, our GAAP operating income increased by 34.5% from $258.2 million to $347.3 million. Second quarter income tax expense was $54.6 million at a 16% effective tax rate, reflecting a $4 million tax benefit on the exercise of employee stock options and a $17.5 million benefit associated with a discrete tax item, both of which have been adjusted for purposes of the non-GAAP earnings included in our earnings release. On a non-GAAP basis, our effective tax rate would have been 22.2%. Second quarter GAAP net income increased 49% from $193 million last year to $287 million this year. Adjusted to remove the tax benefits I described a moment ago, non-GAAP net income increased 39% from $191 million last year to $266 million in the second quarter of this year. Our global inventory at the end of January increased 8.4% from last year. This is comprised of a year-over-year increase of 7.7 in the U.S. and 13.2 internationally. The increase in inventory is largely a function of accident frequency and miles driven returning to normal, as Jeff mentioned previously, along with growth in our non-insurance business. Now to briefly update our liquidity and cash flow highlights. As of January 31, 2022, we had $2.4 billion of liquidity, comprised of $1.3 billion of cash and cash equivalents, and an undrawn revolving credit facility with capacity of over a billion dollars. We amended our credit facility in December of last year, increasing the size to $1.25 billion by lowering certain fees. Operating cash flow for the quarter increased by $53.5 five million year over year to $446.5 million, driven by stronger earnings. We invested $91.5 million in capital expenditures in the quarter, and approximately two-thirds of this amount was attributable to capacity expansion. We are continuing to prioritize investments in physical infrastructure and our technology platform, and believe this continued investment creates a durable value in enabling us to serve our current and future customers more effectively. And with that, we'll conclude our prepared remarks and take a few questions. Questions & Answers: Operator [Operator instructions] Our first question comes from the line of Bob Labick with CJS Securities. Please proceed with your question. Bob Labick -- CJS Securities -- Analyst Good morning. Thanks for taking my questions. I wanted to start with cost inflation as you guys talked about it a bit in the prepared remarks. Obviously, it's not unique to Copart, the inflationary environment we're in. So maybe just help us understand, the primary drivers of the cost inflation for you. Is it towing, labor, other, where's it coming from? And really, what remedies you're looking at and the opportunity to bring back kind of cost per unit to prior levels or how long you think that might take? Jeffrey Liaw -- President and Chief Executive Officer, North America Got it. Thanks, Bob. I think you made the astute preamble there that like all enterprises, frankly, across all industries, we experience inflation. We consume a mix of third-party goods and services and certainly employ a large number of team members worldwide. And so we've always been subject to inflationary pressures. I'd say historically on a more selective basis, whether it's healthcare or commodity cycles and the like. Today there is more widespread inflation across our cost base overall. I think you are already aware of the major costs in our business, but they do include the telling of the personnel. Certainly our technology platform as well. We have some structural protection in that, as you know, we own the vast majority of our land. And so that cost is -- we already own the land outright and therefore don't face the inflationary pressures when it comes to rental expense to the extent that we otherwise might. Historically speaking, over any intermediate term, Bob, we've always demonstrated the ability to recover or more than recover inflation in the marketplace. And I don't think the expectation in this case would be any different long term. Now, most importantly, we also strive for productivity enhancements and improvements over time to help absorb those same inflationary pressures, both before this wave courtesy of COVID-19 and otherwise. Bob Labick -- CJS Securities -- Analyst OK. Got it. Great. And then you've obviously had a lot of success in growing not just the salvage and insurance cars, but beyond that the non salvage and dealer cars, and whatnot. Can you talk about I know not in specific numbers per se, but the relative profitability to the gross profit per unit of the salvage vehicles versus the, say, dealer or rental or repos. Jeffrey Liaw -- President and Chief Executive Officer, North America I think it's tough to provide a sweeping answer that covers all such non-insurance categories. It's a little bit of a contrived casual basket for us. There are certainly groups of those sellers, as you noted a moment ago, for whom the average selling price is higher than our typical insurance car, and therefore, the contribution may be higher as well. There are other categories included in that not insurance portion that are lower average selling price than our typical insurance car. So on -- tough to answer. So on a blended basis, probably on average higher but distributed. Bob Labick -- CJS Securities -- Analyst OK. Great. And then last one for me, and I don't know if you guys are ready to answer this yet or not, if it's too early, but I'll give it a shot. Obviously, you've recently launched Copart Select and it's an attractive kind of less damaged non-insurance car, clean title, less damaged car auction. And so I was just curious if you could give your initial thoughts on the launch, if there's any surprises from the launch, and how you think about Copart Select going forward. Bob, you're always observant. On Copart Select it is, as with many things we do in our auction, we are innovating and experimenting and attempting new ways to position our auctions and the products that ourselves consigned through us. We think this kind of offering holds real promise, so we're not yet ready to share substantive results. But it's the -- it's in keeping with themes we've addressed in the past, right. We probably -- you and I have been talking about these kinds of pursuing this market in these kinds of cars for years now, and this is one more arrow in the quiver to tackle that marketplace. OK, super. Good luck. Thanks. Thanks, Bob. Operator Our next question comes from the line of Daniel Imbro with Stephens Inc. Please proceed with your question. Daniel Imbro -- Stephens Inc. -- Analyst Yeah, hey, good morning, guys. Thanks for taking our questions. Now I wanted to ask one on the pricing backdrop. Maybe first, Jeff, you made the comment, the salvage market move faster, but in aggregate has kind of kept up with Manheim. Are you still confident now that we have the benefit of hindsight that some of the more secular drivers, less damaged, total lost vehicles, more improved auction liquidity were as big of ARPU drivers as we thought at the time, or has hindsight proven that maybe that was more used car price driven than you initially thought? Just trying to understand that comment. Jeffrey Liaw -- President and Chief Executive Officer, North America You are saying since March of '20 or you were saying before that? Daniel Imbro -- Stephens Inc. -- Analyst Yeah, I feel like during 2020, some of the comments in earnings calls discussed that you guys thought a lot of the maybe company specific drivers auction liquidity, things like that were were a larger contributor than used car pricing but used car pricing was one of the inputs. Just trying to understand as we move further from it and gotten more data points, if your understanding is the same or if it's changed at all. Jeffrey Liaw -- President and Chief Executive Officer, North America I don't think it's changed. I think it's been imprecise the whole time. When we look over the very long-term history, I think it was secular drivers are unequivocally true that there are newer cars that are total -- less damaged cars that are totaled. I think the auction liquidity is -- when we say that those are objective measures, right, those are the number of bids. They're being submitted per unit, the number of participants in a given auction, etc., etc. So those aren't -- that's much more science than art in that regard. Now as to precisely the trend for pricing for our cars in the pandemic, and frankly, even the first year of the pandemic was very different from the second in terms of the supply chain and used car availability and such. I think both were factors for sure. Both our proactive efforts, both the character of the cars were selling as well as the used car marketplace. Daniel Imbro -- Stephens Inc. -- Analyst That's helpful. I wanted to ask one on the business mix. You obviously have been growing revenue much faster into purchase vehicles, but part of that's just the way you reflect revenue. Has unit -- have units also been shifting toward the purchase side in a similar way to the revenue we're seeing? And if so, why would that be? Is that a change in the U.S. insurance market or is there something else going on there? Jeffrey Liaw -- President and Chief Executive Officer, North America Not a change in the U.S. insurance market. There are some portions of our business, including, for example, Copart Direct, the channel through which we purchase cars directly from consumers, that yes consumers will consign cars to grow apart from time to time, but often they prefer to deal on a principal basis for a price certain from us instead. So as we grow that business, that is the \""principal volume\"" that drives growth and purchase car sales and purchase car costs. So that's an example of what would cause it but it is not, by and large, U.S. insurance carriers shifting back to principal. They understand the merits of the consignment model in which they and we share in the upside of the highest possible returns on cars. Generally speaking, nobody moves back to principal. They move from principal to consignment over time. Daniel Imbro -- Stephens Inc. -- Analyst Perfect. And the last one for me. Thinking about ancillary services, periods last week talks more about me offering transportation. I'm just curious if you guys have have looked at that. I think you guys connect your buyers with transportation partners, but don't actually provide that service. Have you looked at that? Would it be ROIC accretive for you guys? And maybe anywhere else you see an opportunity to add ancillary services for either buyers or sellers to your platform today? Jeffrey Liaw -- President and Chief Executive Officer, North America That's a perceptive question, in general, which is to say that the -- as the leading marketplace online -- global online marketplace for cars of the type that we sell, there may well be untapped potential when it comes to additional services that we offer the member base. I think to be fair, there is a robust ecosystem of those service providers that has emerged around Copart. As you might imagine selling very many millions of cars a year to buyers worldwide, there certainly are transportation service providers, there are secondary storage providers and the like that have emerged proximate to Copart yards and certainly who know many of our buyers firsthand as well. So the answer is we are always evaluating those opportunities, experimenting with them, trialing them. And from time to time, they stick and we expand them. So it is always on our radar. Daniel Imbro -- Stephens Inc. -- Analyst Got it. That's it for me, guys. Thanks so much and best of luck. Jeffrey Liaw -- President and Chief Executive Officer, North America Thanks, Daniel. Operator Our next question comes from the line of Ryan Brinkman with JPMorgan. Please proceed with your question. Ryan Brinkman -- J.P. Morgan -- Analyst Hi, thanks for taking my question. I think you are maybe reticent to discuss individual contract wins or customer relationships, etc. But wanted to check in on the potential market share shift in the salvage auction industry, what you think your market share may now be, how much share you might have gained, and whether there are any practical or potential regulatory limits to your share in the U.S., or how much more room your share could run. And then on a related note, it would be great to get your thoughts on what has been the driver of your higher share, whether you may be competing on price or winning contracts based upon superior service level or greater ancillary services, or just the net yield that sellers can realize as a result of your bigger buyer base, etc. Jeffrey Liaw -- President and Chief Executive Officer, North America Got it. And as you might imagine, Ryan, I probably can't answer the first half of your question at all. And we don't discuss individual accounts but certainly happy to comment on the second half of your question, which is what is it that has driven our market to capture as a general theme, which I would say has been true for the past 40 years, not just the past few. And as for why we would win an individual account, I think the answer is often unsatisfying. We have a variety of things. There's not one single theme, which I think our brains would prefer. But certainly to articulate a few, our auction returns are critical. And that is literally how much money we put in the pockets of our sellers after we auction the cars, which is a function of our DB3 online auction technology, which we believe is the best in the industry. It's a function of our ability to recruit new members and to engage them. It's a function of how quickly we can pick up the cars and reduce the advance charges experienced by our insurance company sellers. It is a function of our streamlining the purchase experience and making it ever easier for third parties to buy cars at Copart. It's also a function of the auction liquidity we talked about a few times on this call, which is that the growth of our insurance business has helped to affect the further growth of our insurance business, ditto non-insurance and vice versa. The second theme I'd touch on is our approach to customer service and a long-term horizon -- take a long-term approach to problem solving on behalf of our customers. We believe that we earn the right to sell cars for our customers with every assignment that we get. And that mindset starts with our founder, Willis Johnson, Jar Adair, and to me, and to the new hire, who starts [Inaudible] tomorrow morning. And that sounds like a throwaway cultural comment, but I think it absolutely rings true to us day to day here. And you would see it perhaps the most pronounced in a catastrophic event when it is all hands on deck and literally all of us are physically or many, even the executive leadership, are on the ground making sure that that our teams are serving our clients capably. As one other example, we have acquired our physical land nonstop in every instance we can for the past 40 years to ensure that we have the long-term ability to serve our customers that were never prisoners of -- to third-parties who may prefer to do something else with the facility or or otherwise. So it is a combination of those two. It is auction returns and the customer service mindset and having a long-term horizon, which we think has yielded those benefits over the long haul. Ryan Brinkman -- J.P. Morgan -- Analyst OK. Thanks. That's very helpful. Then just lastly, for me, it was discussed some already, the degree to which your surging revenue per unit during the pandemic may have been attributable to various different factors, including, increased prices for used vehicles, metals, etc., versus your proactive efforts, including relative to mix, etc. But I think fee increases have not really been a driver, right? My understanding is you've had more or less the same fee structure over this time that has just been applied to much more expensive vehicles. So if that is the case, do you think that there might be potential scope to increase the fee structure, particularly if we see some cooling off in used vehicle prices? I saw the mid-month Manheim finally ticked down today or some of the metal prices, which seem to have sort of peaked in kind of October type timeframe after surging every single month in order to help offset some of these inflationary cost increases that you talked about? Jeffrey Liaw -- President and Chief Executive Officer, North America We don't comment on our fee structures, unfortunately, but I would direct you back to the overall comment that over the any intermediate horizon, we've shown the ability to recover and more than recover inflation via both productivity and other other measures we might take in the marketplace overall. So the -- and the second point of that is that if and when we see a moderation in used car prices, we'll almost certainly see a rebound or an increase in volume relative to where it otherwise would be as well. Ryan Brinkman -- J.P. Morgan -- Analyst Very helpful. Thank you. Operator Our next question comes from the line of Chris Bottiglieri with BNP Paribas. Please proceed with your question. Chris Bottiglieri -- Exane BNP Paribas -- Analyst It was a good attempt. Hey, guys. So first question is more gentle topic. But give me a sense of your exposure to like Russia, Ukraine, the neighboring Soviet blocks, and I would think they are probably 5% to 10% of sales but maybe just give us some sense to that. And have you seen activity tighten up yet there? Is it like generally pretty healthy still? Jeffrey Liaw -- President and Chief Executive Officer, North America Healthy? Less than that and healthy. Chris Bottiglieri -- Exane BNP Paribas -- Analyst Yeah, good to hear. And then the other question is [Inaudible] you'd comment on it. Can I reframe the question on used car pricing? I would think a lot of your fees are fixed to the buy side. I would guess they're probably fixed on the sell side on average. And then your price bands have a beta of less than one. So mix varies, but I guess my question is, is there like a rule of thumb you can give us for the ASP growth? Like what's the contribution of ARPU growth? Is there -- any kind of like, I don't know, any way you could frame -- that would help ease the discussion on used car pricing sensitivity? Is there some kind of rule of thumb or sensitivity factor we can apply? Jeffrey Liaw -- President and Chief Executive Officer, North America We haven't shared those rules of thumb, Chris, in the past. We certainly do have a publicly published fee schedule for our members. So some of that math you can literally do by hand based on our -- based on what's publicly available but we don't elaborate on fees. Chris Bottiglieri -- Exane BNP Paribas -- Analyst Yeah, it's OK. Makes sense. Operator Our next question comes from the line of Bret Jordan with Jefferies. Please proceed with your question. Bret Jordan -- Jefferies -- Analyst [Inaudible] to keep flogging that dead horse. Given that your fee structure does vary by transaction value, have you done the math to sort of explain from a correlation standpoint, what the relationship to Manheim is? You talked about some moderation in ASP in the prepared remarks, but do you have a feeling for what maybe what that what the actual statistical correlation of Mannheim is to ASP? Jeffrey Liaw -- President and Chief Executive Officer, North America Over the -- I think it'll be tough -- I think over the long haul, our ASPs have outpaced the Manheim. Let's stop the clock, March 2020. Our growth in ASPs have generally outpaced the Manheim used vehicle index, which is not a surprise given total lost frequency because lesser damaged cars and newer cars are totaled. So our mix naturally evolves over time. Manheim's mix naturally does not evolve over time. So I would say that is -- that has been true for many years pre-pandemic. During the pandemic for -- as you heard us describe today, our growth in the quarter on ASPs was a little north of 20% while Mannheim, I think for the quarter, is up 40%, 45% or thereabouts. And I think that reflects a lag in their index, I suppose the best way to describe it because from, say, pre-pandemic levels to today, both they and we have experienced the percentage increases in our selling prices that are plus or minus comparable. And therefore, I'd argue that our prices increased earlier and today we are a plus or minus at parity relative to pre-pandemic levels. Over the long haul, I continue to believe we'll -- our ASP growth will outpace theirs by virtue of the mix shift in total loss frequency before accounting for non-insurance business. Bret Jordan -- Jefferies -- Analyst OK. And the other mix driver, or I guess, in your favor, is non-insurance, could you give us a little bit of an update as far as the dealer cars and maybe what the dealer relationship count is, or however, whatever metric you want to be using to measure the success in the dealer strategy? Jeffrey Liaw -- President and Chief Executive Officer, North America Yeah, I think it's -- our non-insurance business, I think you know, Bret, is a mix of dealer cars, rental car companies, financial institutions, our Copart Direct business in which we buy cars directly from consumers, and all of the above. And all of the above are experiencing some of the same disruptions that we just talked about for the purposes of Mannheim and our insurance cars as well, meaning there is use -- there are used car availability challenges there. There's ample demand for cars, automotive dealers literally putting up billboards to buy cars, not to sell them. So we're experiencing an unusual dislocation in that regard, but have nonetheless grown our non-insurance business year over year for the quarter by 4.5%. But individually, I think there's good traction there, which is a function again of returns and liquidity. Bret Jordan -- Jefferies -- Analyst All right. Thanks. Jeffrey Liaw -- President and Chief Executive Officer, North America Thanks, Bret. Operator for. Our next question comes from the line of John Healy with Northcoast Research. Please proceed with your question. John Healy -- Northcoast Research -- Analyst Thank you and thanks for taking my question. I wanted to ask about that tick down in total loss rates. When you look at that and see that, where do you see the total loss rate changing within your own business? Is it at lower dollar value cars or is it the middle or is it the high end? And how do you think that change in total loss rate actually impacted your your ASPs this year? Was it helpful or was it hurting you guys depending on where it fell? Jeffrey Liaw -- President and Chief Executive Officer, North America Tough question because I think it's some place where we're mixing X and Y variables a little bit. But total lost frequency in general, the marginal car would be the higher end vehicle with insurance that is fixed instead of being repaired. If you're driving a 2008 car with any kind of meaningful impact, that's certainly an automatic total without much consideration. The newer cars are going to be the still somewhat more marginal ones. Now the reason that, and this is what I mean by X and Y variables, the reason why total loss frequency has tapered somewhat is because used car prices are as high as they are, meaning the cars are difficult to replace, availability is a problem outright. Certainly when you can't replace it, it's at higher prices, which makes the total loss decision, all else equal, more expensive than it otherwise would be. But those very same high use car prices that increase the selling prices for cars in Copart auctions as well. That's what I meant by the X and Y variables is that the underlying cause, strong use -- unusually strong used car price environment has helped our ASPs overall. It perhaps has \""hurt\"" our ASPs by cutting off a slice of the cars that otherwise would have been totaled. John Healy -- Northcoast Research -- Analyst Understood. And then I might have missed it, but did you guys quantify what volumes were for the U.S. and the international business in the quarter in terms of just how those occured? Jeffrey Liaw -- President and Chief Executive Officer, North America We shared growth numbers, John. You have them? John North -- Chief Financial Officer Yeah. Global unit sales are up 19%, U.S. is up 20.8, International was up 9.3. John Healy -- Northcoast Research -- Analyst Great. Thank you, guys. Jeffrey Liaw -- President and Chief Executive Officer, North America Thanks, John. Operator [Operator instructions] Our next question comes from the line of Gary Prestopino with Barrington Research. Please proceed with your question. Gary Prestopino -- Barrington Research Hey, John. Hi, Jeff. Could you just -- I didn't quite get the growth in U.S. purchase and international purchase sales for the quarter. Could you just give me that, please? John North -- Chief Financial Officer U.S. purchase was up 50.7% and international, was up 20 units. Gary Prestopino -- Barrington Research What about sales? Did you give that number? John North -- Chief Financial Officer Gary, let me get it for you offline. We can go over the specific numbers. Gary Prestopino -- Barrington Research OK. That's fine. Jeff, just kind of a little rhetorical question here. As used car prices come down, which they are going to eventually, is there a pretty much a quick correlation with total loss ratios going up because these prices are going down? Jeffrey Liaw -- President and Chief Executive Officer, North America In short, yes. There are other variables at play as well, which is there's a lot of confounding forces here that make it hard to give you a clean answer. But yes, certainly if nothing else in the world changed except the used car prices came down, we would see volume increase very meaningfully. And that's the same answer, by the way, I would have given you in December 2019. This is a non-pandemic observation. When we've been asked in the past, do we want high use car prices or low used car prices? The response has generally been that high used car prices yield better unit economics for Copart, meaning we'll make more money on the cars we sell, but also fewer units because of the total loss equation. Lower used car prices means we will face less attractive per unit economics but we would sell many more units, so we've always been ambivalent about used car prices and what it means for our business. And I suppose to characterize it more favorably, I'd say we have a hedged position when it comes to used car prices. As for today's circumstances, I think we're facing a more extreme set of variables than we ever have seen, at least in my own professional career, when it comes to used car availability and prices. If those prices do come down, I think we absolutely would see an increase, all else equal, in consignments to us from insurance carriers. Gary Prestopino -- Barrington Research OK. And then lastly, I don't know if you make this public, but could you give us an idea of what percentage of your cars are processed on a non-insurance basis this quarter versus, say, a year ago? Jeffrey Liaw -- President and Chief Executive Officer, North America That's reasonably stable. I mean, it's approximately 25% in the U.S. here. Gary Prestopino -- Barrington Research Thank you. Jeffrey Liaw -- President and Chief Executive Officer, North America Thank you. Operator Our next question comes from the line of Stephanie Moore with Truist Securities. Please proceed with your question. Stephanie Moore -- Truist Securities -- Analyst Hi, thank you. I wanted to touch on -- or return to this inflation discussion that we had earlier. I'm curious, you kind of talked about remedies in terms of trying to overcome the inflation that I think pretty much every company in business is dealing with in this environment. I know that in the past there's been flexibility to adjust fee structures on the buy side, but what is the -- your appetite and/or ability to have conversations with your insurance customers on the sell side to have them help offset some of this truly probably historical inflationary environment, especially with regards to some aspects like towing and others that they're directly benefiting from? Thanks. Jeffrey Liaw -- President and Chief Executive Officer, North America Got it. Thanks, Stephanie. Pricing is, as I'm sure you can tell from this call and a couple of occasions, is a delicate subject for us that we tend not to discuss on earnings calls, public forums like this. Suffice it to say that our agreements with our sellers tend to run multiple years at a time because we make long-term commitments to them in the form of our land and technology and people and so forth, and they do in turn with us. So we we take those commitments to certainly very seriously, and the contracts are where they are. It's our responsibility to manage our costs. And as I noted a moment ago, over any intermediate period of time, we have been able to recover and more than recover the inflation in the marketplace and through productivity enhancements. So unfortunately, we can't say much more about the pricing on either the seller or buyer side. Stephanie Moore -- Truist Securities -- Analyst That's fair, and then just as a follow up, can you maybe discuss your towing process, i.e. the use of maybe company-owned trucks, the use of third-party brokers, just kind of what has been the normal practice and maybe expanding on that, what might be an opportunity? Jeffrey Liaw -- President and Chief Executive Officer, North America Got it. You mean the inbound retrieval of the cars [Inaudible] Stephanie Moore -- Truist Securities -- Analyst Yes. Yes, exactly. Jeffrey Liaw -- President and Chief Executive Officer, North America So we use a mix of third parties as well as our own trucks, with a strong majority being the former, not the latter. We have the latter in terms of our own captive fleet, which has grown meaningfully over the past few years and will likely do so in the future as well to have additional capacity in the event of catastrophic events, for example. But we largely rely on third-party stockholders, who we dispatch directly so we don't use intermediaries by and large in our local markets circuit to put them across the U.S. We know the local companies and local towers and build long standing relationships with them so that they can effectively retrieve cars for us on a near-daily basis once they're on board. Stephanie Moore -- Truist Securities -- Analyst Great. And then just -- did you give, John, the U.S. ASP number? I know you gave the worldwide one, so wondering on that. John North -- Chief Financial Officer U.S. were up 20.3. Stephanie Moore -- Truist Securities -- Analyst Great. OK. Thanks so much. Jeffrey Liaw -- President and Chief Executive Officer, North America Thanks, Stephanie. Operator And we have reached the end of the question-and-answer session. And I'll now turn the call back over to Jeff Liaw for closing remarks. Jeffrey Liaw -- President and Chief Executive Officer, North America Great. Thanks for joining us today. We'll look forward to talking again after the third quarter. Take care. Operator [Operator signoff] Duration: 43 minutes Call participants: John North -- Chief Financial Officer Jeffrey Liaw -- President and Chief Executive Officer, North America Bob Labick -- CJS Securities -- Analyst Daniel Imbro -- Stephens Inc. -- Analyst Ryan Brinkman -- J.P. Morgan -- Analyst Chris Bottiglieri -- Exane BNP Paribas -- Analyst Bret Jordan -- Jefferies -- Analyst John Healy -- Northcoast Research -- Analyst Gary Prestopino -- Barrington Research Stephanie Moore -- Truist Securities -- Analyst More CPRT analysis All earnings call transcripts This article is a transcript of this conference call produced for The Motley Fool. While we strive for our Foolish Best, there may be errors, omissions, or inaccuracies in this transcript. As with all our articles, The Motley Fool does not assume any responsibility for your use of this content, and we strongly encourage you to do your own research, including listening to the call yourself and reading the company's SEC filings. Please see our Terms and Conditions for additional details, including our Obligatory Capitalized Disclaimers of Liability. The Motley Fool recommends Copart. The Motley Fool has a disclosure policy. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Copart's (CPRT) Q2 Earnings Surpass Estimates, Sales Surge Y/Y Copart, Inc. CPRT reported second-quarter fiscal 2022 (ended Jan 31, 2022) adjusted earnings per share of $1.10, surpassing the Zacks Consensus Estimate of $1.04. The bottom line also surged 37.5% year over year from 80 cents reported in the prior-year quarter. The online auto auction leader generated revenues of $867.5 million, beating the Zacks Consensus Estimate of $786.9 million. The top line also increased 40.6% from the year-ago reported figure of $786.9 million. Gross profit was up 31.2% year over year to $403.3 million. Total operating expenses flared up 45% to $520.1 million. General and administrative expenses jumped 18.7% from the prior-year quarter to $42.8 million. Nonetheless, operating income increased to $347.3 million from $258.2 million. Net income came in at $287.4 million compared with the year-ago figure of $193.4 million. Segmental Performance Fiscal second-quarter service revenues came in at $711.1 million, up from $532.6 million recorded in the year-earlier period. Service revenues accounted for 82% of the total revenues. Vehicle sales totaled $156.4 million in the quarter, up from the prior-year level of $84.4 million. Financial Position Copart had cash and cash equivalents of $1,346.5 million as of Jan 31, 2022, compared with $1,048.3 million as of Jul 31, 2021. Long-term debt was $403.8 million at the end of second-quarter fiscal 2022. Zacks Rank & Key Picks Currently, CPRT has a Zacks Rank #3 (Hold). Some better-ranked players in the auto space are Tesla TSLA, sporting a Zacks Rank #1(Strong Buy) and Dorman Products DORM and Allison Transmission Holdings ALSN, each carrying a Zacks Rank #2 (Buy) currently. You can see the complete list of today\u2019s Zacks #1 Rank stocks here. Tesla has an expected earnings growth rate of 40.7% for the current year. The Zacks Consensus Estimate for current-year earnings has been revised around 22% upward in the past 30 days. Tesla\u2019s earnings beat the Zacks Consensus Estimate in all of the trailing four quarters. TSLA pulled off a trailing four-quarter earnings surprise of 33.6%, on average. The stock has also rallied 17.3% over a year. Dorman has an expected earnings growth rate of 15.9% for the current year. The Zacks Consensus Estimate for current-year earnings has been revised around 0.2% upward in the past 30 days. Dorman\u2019s earnings beat the Zacks Consensus Estimate in three of the trailing four quarters and met the consensus mark in one. DORM pulled off a trailing four-quarter earnings surprise of 10.41%, on average. Allison has an expected earnings growth rate of 19.1% for the current year. The Zacks Consensus Estimate for earnings for the current year have been stable in the past 30 days. Allison\u2019s earnings beat the Zacks Consensus Estimate in three of the trailing four quarters and met the consensus mark in one. ALSN pulled off a trailing four-quarter earnings surprise of around 13.4%, on average. The stock has also rallied 7% over a year. 7 Best Stocks for the Next 30 Days Just released: Experts distill 7 elite stocks from the current list of 220 Zacks Rank #1 Strong Buys. They deem these tickers \""Most Likely for Early Price Pops.\"" Since 1988, the full list has beaten the market more than 2X over with an average gain of +25.4% per year. So be sure to give these hand-picked 7 your immediate attention. See them now >> Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Tesla, Inc. (TSLA): Free Stock Analysis Report Copart, Inc. (CPRT): Free Stock Analysis Report Allison Transmission Holdings, Inc. (ALSN): Free Stock Analysis Report Dorman Products, Inc. (DORM): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.""]"
CPRT,2022-02-18,31.155,31.5875,30.4188,30.58,"Validea Peter Lynch Strategy Daily Upgrade Report - 2/18/2022 The following are today's upgrades for Validea's P/E/Growth Investor model based on the published strategy of Peter Lynch. This strategy looks for stocks trading at a reasonable price relative to earnings growth that also possess strong balance sheets. YETI HOLDINGS INC (YETI) is a mid-cap growth stock in the Recreational Products industry. The rating according to our strategy based on Peter Lynch changed from 72% to 74% based on the firm’s underlying fundamentals and the stock’s valuation. A score of 80% or above typically indicates that the strategy has some interest in the stock and a score above 90% typically indicates strong interest. Company Description: YETI Holdings, Inc. is a designer, retailer, and distributor of outdoor products. The Company's product portfolio consists of three categories: Coolers & Equipment; Drinkware; and Other. Its Coolers & Equipment family consists of hard coolers, soft coolers, storage, bags, outdoor living, and associated accessories. It offers five product ranges within its hard cooler category: YETI Tundra, YETI Roadie, Tundra Haul, YETI TANK, and YETI Silo 6G. The Hopper soft cooler product line includes Hopper M30, Hopper BackFlip, Hopper Flip, Daytrip Lunch Bag, and Daytrip Lunch Box. Its Drinkware product family consists of Rambler Colster, Rambler Lowball, Rambler Wine Tumbler, Rambler Stackable Pints, Rambler Mugs, Rambler Tumblers, Rambler Bottles, and Rambler Jug. In Other products, it offers an array of YETI-branded gear, such as hats, shirts, bottle openers, and ice substitutes. It operates in the Unites States, Canada, Australia, New Zealand, Europe, Hong Kong, China, Singapore, and Japan. The following table summarizes whether the stock meets each of this strategy's tests. Not all criteria in the below table receive equal weighting or are independent, but the table provides a brief overview of the strong and weak points of the security in the context of the strategy's criteria. P/E/GROWTH RATIO: PASS SALES AND P/E RATIO: PASS INVENTORY TO SALES: PASS EPS GROWTH RATE: FAIL TOTAL DEBT/EQUITY RATIO: PASS FREE CASH FLOW: NEUTRAL NET CASH POSITION: NEUTRAL Detailed Analysis of YETI HOLDINGS INC Full Guru Analysis for YETI Full Factor Report for YETI LEVI STRAUSS & CO. (LEVI) is a mid-cap growth stock in the Apparel/Accessories industry. The rating according to our strategy based on Peter Lynch changed from 0% to 91% based on the firm’s underlying fundamentals and the stock’s valuation. A score of 80% or above typically indicates that the strategy has some interest in the stock and a score above 90% typically indicates strong interest. Company Description: Levi Strauss & Co. is an apparel company. The Company designs, markets and sells directly or through third parties and licensees products that include jeans, casual and dress pants, tops, shorts, skirts, jackets, footwear and related accessories for men, women and children under the Levi's, Dockers, Signature by Levi Strauss & Co. and Denizen brands. The Company operates through three segments: the Americas, Europe, and Asia. Its Asia segment includes the Middle East and Africa. The Company's products are sold in approximately 50,000 retail locations in more than 110 countries, including approximately 3,000 brand-dedicated stores and shop-in-shops. It has approximately 1,039 Company-operated stores located in 36 countries and approximately 500 Company-operated shop-in-shops. The remainder of its brand-dedicated stores and shop-in-shops are operated by franchisees and other partners. The following table summarizes whether the stock meets each of this strategy's tests. Not all criteria in the below table receive equal weighting or are independent, but the table provides a brief overview of the strong and weak points of the security in the context of the strategy's criteria. INVENTORY TO SALES: PASS YIELD ADJUSTED P/E TO GROWTH (PEG) RATIO: PASS EARNINGS PER SHARE: PASS TOTAL DEBT/EQUITY RATIO: PASS FREE CASH FLOW: NEUTRAL NET CASH POSITION: NEUTRAL Detailed Analysis of LEVI STRAUSS & CO. Full Guru Analysis for LEVI Full Factor Report for LEVI CBIZ, INC. (CBZ) is a small-cap growth stock in the Personal Services industry. The rating according to our strategy based on Peter Lynch changed from 0% to 87% based on the firm’s underlying fundamentals and the stock’s valuation. A score of 80% or above typically indicates that the strategy has some interest in the stock and a score above 90% typically indicates strong interest. Company Description: CBIZ, Inc. is a provider of financial, insurance and advisory services. The Company provides accounting, insurance brokerage and related financial services. Its segments include Financial Services, Benefits and Insurance Services and National Practices. Its Financial Services is comprised of accounting service including traditional accounting, tax compliance, advisory, and specialty services, like transaction and risk advisory services, litigation support, valuation, and federal and state government health care compliance. Its Benefits and Insurance Services provides brokerage and consulting along lines of services, which include group health benefits consulting and brokerage, property and casualty brokerage, retirement plan advisory, payroll, human capital management, actuarial, life insurance and other related services. Its National Practices provides healthcare consulting and information technology. The following table summarizes whether the stock meets each of this strategy's tests. Not all criteria in the below table receive equal weighting or are independent, but the table provides a brief overview of the strong and weak points of the security in the context of the strategy's criteria. P/E/GROWTH RATIO: PASS SALES AND P/E RATIO: PASS EPS GROWTH RATE: PASS TOTAL DEBT/EQUITY RATIO: PASS FREE CASH FLOW: NEUTRAL NET CASH POSITION: NEUTRAL Detailed Analysis of CBIZ, INC. Full Guru Analysis for CBZ Full Factor Report for CBZ MOELIS & CO (MC) is a mid-cap value stock in the Investment Services industry. The rating according to our strategy based on Peter Lynch changed from 72% to 74% based on the firm’s underlying fundamentals and the stock’s valuation. A score of 80% or above typically indicates that the strategy has some interest in the stock and a score above 90% typically indicates strong interest. Company Description: Moelis & Company is an investment bank. The Company provides strategic and financial advises to various client base, including corporations, governments, sovereign wealth funds and financial sponsors. The Company offers financial advisory services across various industry sectors. It advises clients on decisions, including mergers and acquisitions (M&A), recapitalizations and restructurings, capital markets transactions and other corporate finance matters. It offers advisory services in industries, including consumer and retail; energy, power and infrastructure; financial institutions; financial sponsors; general industrials; healthcare; real estate, gaming, lodging and leisure and technology, media and telecommunications. It also provides capital raising, secondary transaction and other advisory services to private fund sponsors and limited partners. It also acts as placement agent for clients on a range of capital raising mandates and provides general capital markets advise. The following table summarizes whether the stock meets each of this strategy's tests. Not all criteria in the below table receive equal weighting or are independent, but the table provides a brief overview of the strong and weak points of the security in the context of the strategy's criteria. YIELD ADJUSTED P/E TO GROWTH (PEG) RATIO: PASS EARNINGS PER SHARE: PASS TOTAL DEBT/EQUITY RATIO: NEUTRAL EQUITY/ASSETS RATIO: PASS RETURN ON ASSETS: PASS Detailed Analysis of MOELIS & CO Full Guru Analysis for MC Full Factor Report for MC IRADIMED CORP (IRMD) is a small-cap growth stock in the Medical Equipment & Supplies industry. The rating according to our strategy based on Peter Lynch changed from 0% to 74% based on the firm’s underlying fundamentals and the stock’s valuation. A score of 80% or above typically indicates that the strategy has some interest in the stock and a score above 90% typically indicates strong interest. Company Description: IRadimed Corporation develops, manufactures, markets and distributes magnetic resonance imaging (MRI) compatible medical devices and accessories and services. Its MRidium 3860+ MRI Compatible IV infusion pump system provides non-magnetic Intravenous (IV) infusion pump system that is specifically designed for safe use during MRI procedures. Its MRidium MRI compatible IV infusion pump system has been designed with a non-magnetic ultrasonic motor with non-ferrous parts and other special features to deliver anesthesia safely and predictably and other IV medications or fluids during various MRI procedures. Its IRadimed 3880 MRI Compatible patient vital signs monitoring system has been designed with non-magnetic components and other features to monitor a patient's vital signs safely and accurately during various MRI procedures. The Company sells its products primarily to hospitals and acute care facilities, both in the United States and internationally. The following table summarizes whether the stock meets each of this strategy's tests. Not all criteria in the below table receive equal weighting or are independent, but the table provides a brief overview of the strong and weak points of the security in the context of the strategy's criteria. P/E/GROWTH RATIO: FAIL SALES AND P/E RATIO: NEUTRAL INVENTORY TO SALES: PASS EPS GROWTH RATE: PASS TOTAL DEBT/EQUITY RATIO: PASS FREE CASH FLOW: NEUTRAL NET CASH POSITION: NEUTRAL Detailed Analysis of IRADIMED CORP Full Guru Analysis for IRMD Full Factor Report for IRMD INVESCO LTD. (IVZ) is a large-cap value stock in the Investment Services industry. The rating according to our strategy based on Peter Lynch changed from 72% to 91% based on the firm’s underlying fundamentals and the stock’s valuation. A score of 80% or above typically indicates that the strategy has some interest in the stock and a score above 90% typically indicates strong interest. Company Description: Invesco Ltd. (Invesco) is an investment firm, which operates in Australia, China, Hong Kong, India, Japan, Singapore, South Korea and Taiwan. In addition, the Company operates in China, Invesco Great Wall. The Company provides retail and institutional clients with a range of global investment management capabilities. The company operates globally, and its sole business is investment management. Its funds include Invesco Global Investment Grade Corporate Bond Fund, Invesco Global Consumer Trends Fund, Invesco Asia Consumer Demand Fund and Invesco Asia Asset Allocation Fund. Its mutual funds include fund dividend and fund price. The Company also offers Invesco Strategic MPF Scheme and Invesco Select Retirement Fund. Invesco Strategic MPF Scheme is established to provide retirement benefits for Hong Kong's working public. Invesco Select Retirement Fund (the Fund) is launched for investment by Occupational Retirement Schemes Ordinance (ORSO) schemes in Hong Kong. The following table summarizes whether the stock meets each of this strategy's tests. Not all criteria in the below table receive equal weighting or are independent, but the table provides a brief overview of the strong and weak points of the security in the context of the strategy's criteria. SALES: PASS YIELD COMPARED TO THE S&P 500: PASS YIELD ADJUSTED P/E/GROWTH (PEG) RATIO: PASS TOTAL DEBT/EQUITY RATIO: NEUTRAL EQUITY/ASSETS RATIO: PASS RETURN ON ASSETS: PASS FREE CASH FLOW: NEUTRAL NET CASH POSITION: NEUTRAL Detailed Analysis of INVESCO LTD. Full Guru Analysis for IVZ Full Factor Report for IVZ WEST BANCORPORATION, INC. (WTBA) is a small-cap value stock in the Regional Banks industry. The rating according to our strategy based on Peter Lynch changed from 72% to 74% based on the firm’s underlying fundamentals and the stock’s valuation. A score of 80% or above typically indicates that the strategy has some interest in the stock and a score above 90% typically indicates strong interest. Company Description: West Bancorporation, Inc. is a financial holding company. The Company owns West Bank, which is a business-focused community bank. The Company operates in the markets, including central Iowa, which is generally the Des Moines metropolitan area; eastern Iowa, which includes the area surrounding Iowa City and Coralville, and southern Minnesota, which includes the cities of Rochester, Owatonna, Mankato and St. Cloud. West Bank offers all basic types of credit to its customers, including commercial, real estate and consumer loans. West Bank also offers trust services, including the administration of estates, conservatorships, personal trusts and agency accounts. West Bank offers a range of deposit services, including checking, savings, money market accounts and time certificates of deposit. In addition, West Bank also offers Internet, mobile banking and treasury management services. The following table summarizes whether the stock meets each of this strategy's tests. Not all criteria in the below table receive equal weighting or are independent, but the table provides a brief overview of the strong and weak points of the security in the context of the strategy's criteria. YIELD ADJUSTED P/E TO GROWTH (PEG) RATIO: PASS EARNINGS PER SHARE: PASS TOTAL DEBT/EQUITY RATIO: NEUTRAL EQUITY/ASSETS RATIO: PASS RETURN ON ASSETS: PASS Detailed Analysis of WEST BANCORPORATION, INC. Full Guru Analysis for WTBA Full Factor Report for WTBA RITCHIE BROS AUCTIONEERS INC (RBA) is a mid-cap growth stock in the Misc. Capital Goods industry. The rating according to our strategy based on Peter Lynch changed from 0% to 74% based on the firm’s underlying fundamentals and the stock’s valuation. A score of 80% or above typically indicates that the strategy has some interest in the stock and a score above 90% typically indicates strong interest. Company Description: Ritchie Bros. Auctioneers Incorporated is focused on providing global asset management and disposition services. The Company offers customers solutions for buying and selling used industrial equipment and other durable assets through its unreserved live on-site auctions, online marketplaces, listing services, and private brokerage services. The Company's segment includes Auctions and Marketplaces, which consists of the Company's live on-site auctions, its online auctions and marketplaces, and its brokerage service. It also offers sector-specific solutions, including GovPlanet, TruckPlanet and Kruse Energy with equipment financing and leasing through its financial services. The Company operates in a number of sectors, including construction, transportation, agriculture, oil and gas, energy, mining and forestry. The following table summarizes whether the stock meets each of this strategy's tests. Not all criteria in the below table receive equal weighting or are independent, but the table provides a brief overview of the strong and weak points of the security in the context of the strategy's criteria. P/E/GROWTH RATIO: FAIL SALES AND P/E RATIO: PASS INVENTORY TO SALES: PASS EPS GROWTH RATE: PASS TOTAL DEBT/EQUITY RATIO: PASS FREE CASH FLOW: NEUTRAL NET CASH POSITION: NEUTRAL Detailed Analysis of RITCHIE BROS AUCTIONEERS INC Full Guru Analysis for RBA Full Factor Report for RBA NOVA LTD (NVMI) is a mid-cap growth stock in the Semiconductors industry. The rating according to our strategy based on Peter Lynch changed from 87% to 91% based on the firm’s underlying fundamentals and the stock’s valuation. A score of 80% or above typically indicates that the strategy has some interest in the stock and a score above 90% typically indicates strong interest. Company Description: Nova Ltd, former Nova Measuring Instruments Ltd,is an Israel based company which provides metrology solutions for the semiconductor manufacturing industry. The Company offers in-line Optical and x-ray stand-alone metrology systems, as well as integrated optical metrology systems, which are attached directly to wafer fabrication process equipment. Its metrology systems measure various film thickness and composition properties, as well as critical-dimension (CD) variables during various front-end and back-end of line steps in the semiconductor wafer fabrication process. Its product portfolio includes a set of in-situ, integrated and stand-alone metrology platforms suited for dimensional, films and material metrology measurements for process control across multiple semiconductor manufacturing process steps. Its products include NovaScan 2040, NovaScan 3090Next, Nova i500, Nova T500, Nova T600, Nova V2600 TSV metrology system among others. The following table summarizes whether the stock meets each of this strategy's tests. Not all criteria in the below table receive equal weighting or are independent, but the table provides a brief overview of the strong and weak points of the security in the context of the strategy's criteria. P/E/GROWTH RATIO: PASS SALES AND P/E RATIO: NEUTRAL INVENTORY TO SALES: PASS EPS GROWTH RATE: PASS TOTAL DEBT/EQUITY RATIO: PASS FREE CASH FLOW: NEUTRAL NET CASH POSITION: NEUTRAL Detailed Analysis of NOVA LTD Full Guru Analysis for NVMI Full Factor Report for NVMI RELIANCE STEEL & ALUMINUM CO (RS) is a large-cap value stock in the Misc. Fabricated Products industry. The rating according to our strategy based on Peter Lynch changed from 0% to 93% based on the firm’s underlying fundamentals and the stock’s valuation. A score of 80% or above typically indicates that the strategy has some interest in the stock and a score above 90% typically indicates strong interest. Company Description: Reliance Steel & Aluminum Co. (Reliance) is a metals service center company. The Company operates as a metal solutions provider. It provides value-added metals processing services and distributes approximately 100,000 metal products, including alloy, aluminum, brass, copper, carbon steel, stainless steel, titanium, and specialty steel products. It serves various industries, including manufacturing, non-residential construction, transportation (rail, truck trailer and shipbuilding), aerospace and defense, energy (oil and natural gas), electronics and semiconductor fabrication, and heavy industry (agricultural, construction and mining equipment). The Company also serves the auto industry, through its toll processing operations. It provides a network of approximately 300 locations in 40 states in the United States and 13 other countries, including Australia, Belgium, Canada, China, France, India, Malaysia, Mexico, Singapore, South Korea, Turkey, United Arab Emirates and United Kingdom. The following table summarizes whether the stock meets each of this strategy's tests. Not all criteria in the below table receive equal weighting or are independent, but the table provides a brief overview of the strong and weak points of the security in the context of the strategy's criteria. P/E/GROWTH RATIO: PASS SALES AND P/E RATIO: PASS INVENTORY TO SALES: PASS EPS GROWTH RATE: PASS TOTAL DEBT/EQUITY RATIO: PASS FREE CASH FLOW: NEUTRAL NET CASH POSITION: NEUTRAL Detailed Analysis of RELIANCE STEEL & ALUMINUM CO Full Guru Analysis for RS Full Factor Report for RS COPART, INC. (CPRT) is a large-cap growth stock in the Computer Services industry. The rating according to our strategy based on Peter Lynch changed from 87% to 91% based on the firm’s underlying fundamentals and the stock’s valuation. A score of 80% or above typically indicates that the strategy has some interest in the stock and a score above 90% typically indicates strong interest. Company Description: Copart, Inc. (Copart) is a provider of online auctions and vehicle remarketing services with operations in the United States (U.S.), Canada, the United Kingdom (U.K.), Brazil, the Republic of Ireland, Germany, Finland, the United Arab Emirates (U.A.E.), Oman, Bahrain, and Spain. The Company operates through two segments: United States and International. The Company provides vehicle sellers with a range of services to process and sell vehicles primarily over the Internet through its virtual bidding third generation Internet auction-style sales technology (VB3). Its vehicle sellers consist primarily of insurance companies, but also include banks, finance companies, charities, fleet operators, dealers and from individuals. It sells the vehicles to licensed vehicle dismantlers, rebuilders, repair licensees, used vehicle dealers, exporters, and in some jurisdictions, to the general public. The following table summarizes whether the stock meets each of this strategy's tests. Not all criteria in the below table receive equal weighting or are independent, but the table provides a brief overview of the strong and weak points of the security in the context of the strategy's criteria. P/E/GROWTH RATIO: PASS SALES AND P/E RATIO: PASS INVENTORY TO SALES: PASS EPS GROWTH RATE: PASS TOTAL DEBT/EQUITY RATIO: PASS FREE CASH FLOW: NEUTRAL NET CASH POSITION: NEUTRAL Detailed Analysis of COPART, INC. Full Guru Analysis for CPRT Full Factor Report for CPRT LAWSON PRODUCTS, INC. (LAWS) is a small-cap growth stock in the Misc. Fabricated Products industry. The rating according to our strategy based on Peter Lynch changed from 72% to 74% based on the firm’s underlying fundamentals and the stock’s valuation. A score of 80% or above typically indicates that the strategy has some interest in the stock and a score above 90% typically indicates strong interest. Company Description: Lawson Products, Inc. is a distributor of products and services to the industrial, commercial, institutional, and governmental maintenance, repair and operations (MRO) marketplace. The Company operates through two segments, the Lawson operating segment and the Bolt Supply House Ltd. (Bolt Supply) operating segment. The Lawson operating segment distributes MRO products to customers primarily through a network of sales representatives offering vendor managed inventory (VMI) service to customers throughout the United States and Canada. The Bolt Supply operating segment distributes MRO products through its branches located in Western Canada. Bolt Supply has approximately 14 branches located in Western Canada. The Company's product category includes Fastening systems, Cutting tools and abrasives, Fluid power, Specialty chemicals, Electrical, Aftermarket automotive supplies, Welding and metal repair, and other safety products. The following table summarizes whether the stock meets each of this strategy's tests. Not all criteria in the below table receive equal weighting or are independent, but the table provides a brief overview of the strong and weak points of the security in the context of the strategy's criteria. P/E/GROWTH RATIO: PASS SALES AND P/E RATIO: NEUTRAL INVENTORY TO SALES: PASS EPS GROWTH RATE: FAIL TOTAL DEBT/EQUITY RATIO: PASS FREE CASH FLOW: NEUTRAL NET CASH POSITION: NEUTRAL Detailed Analysis of LAWSON PRODUCTS, INC. Full Guru Analysis for LAWS Full Factor Report for LAWS More details on Validea's Peter Lynch strategy Peter Lynch Stock Ideas About Peter Lynch: Perhaps the greatest mutual fund manager of all-time, Lynch guided Fidelity Investment's Magellan Fund to a 29.2 percent average annual return from 1977 until his retirement in 1990, almost doubling the S&P 500's 15.8 percent yearly return over that time. Lynch's common sense approach and quick wit made him one of the most quoted investors on Wall Street. (""Go for a business that any idiot can run -- because sooner or later, any idiot probably is going to run it,"" is one of his many pearls of wisdom.) Lynch's bestseller One Up on Wall Street is something of a ""stocks for the everyman/everywoman"", breaking his approach down into easy-to-understand concepts. About Validea: Validea is aninvestment researchservice that follows the published strategies of investment legends. Validea offers both stock analysis and model portfolios based on gurus who have outperformed the market over the long-term, including Warren Buffett, Benjamin Graham, Peter Lynch and Martin Zweig. For more information about Validea, click here The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
CPRT,2022-02-22,30.6025,30.885,30.2775,30.4375,
CPRT,2022-02-23,30.6775,30.835,29.39,29.4475,
CPRT,2022-02-24,28.9825,30.485,28.8875,30.4,
CPRT,2022-02-25,30.5275,31.235,30.2925,31.1725,"How Much Upside is Left in Copart, Inc. (CPRT)? Wall Street Analysts Think 30% Shares of Copart, Inc. (CPRT) have gained 0.1% over the past four weeks to close the last trading session at $121.60, but there could still be a solid upside left in the stock if short-term price targets of Wall Street analysts are any indication. Going by the price targets, the mean estimate of $157.50 indicates a potential upside of 29.5%. The average comprises six short-term price targets ranging from a low of $125 to a high of $182, with a standard deviation of $24.52. While the lowest estimate indicates an increase of 2.8% from the current price level, the most optimistic estimate points to a 49.7% upside. More than the range, one should note the standard deviation here, as it helps understand the variability of the estimates. The smaller the standard deviation, the greater the agreement among analysts. While the consensus price target is highly sought after by investors, the ability and unbiasedness of analysts in setting price targets have long been questionable. And investors making investment decisions solely based on this tool would arguably do themselves a disservice. But, for CPRT, an impressive average price target is not the only indicator of a potential upside. Strong agreement among analysts about the company's ability to report better earnings than they predicted earlier strengthens this view. While a positive trend in earnings estimate revisions doesn't gauge how much a stock could gain, it has proven to be powerful in predicting an upside. Here's What You May Not Know About Analysts' Price Targets According to researchers at several universities across the globe, a price target is one of many pieces of information about a stock that misleads investors far more often than it guides. In fact, empirical research shows that price targets set by several analysts, irrespective of the extent of agreement, rarely indicate where the price of a stock could actually be heading. While Wall Street analysts have deep knowledge of a company's fundamentals and the sensitivity of its business to economic and industry issues, many of them tend to set overly optimistic price targets. Are you wondering why? They usually do that to drum up interest in shares of companies that their firms either have existing business relationships with or are looking to be associated with. In other words, business incentives of firms covering a stock often result in inflated price targets set by analysts. However, a tight clustering of price targets, which is represented by a low standard deviation, indicates that analysts have a high degree of agreement about the direction and magnitude of a stock's price movement. While that doesn't necessarily mean the stock will hit the average price target, it could be a good starting point for further research aimed at identifying the potential fundamental driving forces. That said, while investors should not entirely ignore price targets, making an investment decision solely based on them could lead to disappointing ROI. So, price targets should always be treated with a high degree of skepticism. Here's Why There Could be Plenty of Upside Left in CPRT Analysts' growing optimism over the company's earnings prospects, as indicated by strong agreement among them in revising EPS estimates higher, could be a legitimate reason to expect an upside in the stock. That's because empirical research shows a strong correlation between trends in earnings estimate revisions and near-term stock price movements. Over the last 30 days, the Zacks Consensus Estimate for the current year has increased 1.3%, as three estimates have moved higher compared to no negative revision. Moreover, CPRT currently has a Zacks Rank #2 (Buy), which means it is in the top 20% of more than the 4,000 stocks that we rank based on four factors related to earnings estimates. Given an impressive externally-audited track record, this is a more conclusive indication of the stock's potential upside in the near term. You can see the complete list of today's Zacks Rank #1 (Strong Buy) stocks here >>>> Therefore, while the consensus price target may not be a reliable indicator of how much CPRT could gain, the direction of price movement it implies does appear to be a good guide. Infrastructure Stock Boom to Sweep America A massive push to rebuild the crumbling U.S. infrastructure will soon be underway. It’s bipartisan, urgent, and inevitable. Trillions will be spent. Fortunes will be made. The only question is “Will you get into the right stocks early when their growth potential is greatest?” Zacks has released a Special Report to help you do just that, and today it’s free. Discover 5 special companies that look to gain the most from construction and repair to roads, bridges, and buildings, plus cargo hauling and energy transformation on an almost unimaginable scale. Download FREE: How to Profit from Trillions on Spending for Infrastructure >> Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Copart, Inc. (CPRT): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
CPRT,2022-02-28,30.86,30.995,30.34,30.72,
CPRT,2022-03-01,30.6875,30.9175,30.05,30.21,
CPRT,2022-03-02,30.485,31.1,30.3025,30.715,
CPRT,2022-03-03,31.0725,31.0725,30.215,30.31,
CPRT,2022-03-04,30.11,30.255,29.46,29.6025,
CPRT,2022-03-07,29.6375,29.695,27.385,27.41,
CPRT,2022-03-08,27.4725,27.7675,26.5925,27.2125,
CPRT,2022-03-09,28.1475,29.015,28.0075,28.975,
CPRT,2022-03-10,28.2738,29.1025,28.0725,28.9475,
CPRT,2022-03-11,29.405,29.405,28.68,28.88,
CPRT,2022-03-14,29.12,29.455,28.9125,29.025,"Look Under The Hood: PDP Has 29% Upside Looking at the underlying holdings of the ETFs in our coverage universe at ETF Channel, we have compared the trading price of each holding against the average analyst 12-month forward target price, and computed the weighted average implied analyst target price for the ETF itself. For the Invesco DWA Momentum ETF (Symbol: PDP), we found that the implied analyst target price for the ETF based upon its underlying holdings is $96.83 per unit. With PDP trading at a recent price near $75.18 per unit, that means that analysts see 28.79% upside for this ETF looking through to the average analyst targets of the underlying holdings. Three of PDP's underlying holdings with notable upside to their analyst target prices are Teradyne, Inc. (Symbol: TER), Applied Materials, Inc. (Symbol: AMAT), and Copart Inc (Symbol: CPRT). Although TER has traded at a recent price of $106.88/share, the average analyst target is 37.91% higher at $147.40/share. Similarly, AMAT has 37.82% upside from the recent share price of $123.64 if the average analyst target price of $170.40/share is reached, and analysts on average are expecting CPRT to reach a target price of $159.00/share, which is 37.64% above the recent price of $115.52. Below is a twelve month price history chart comparing the stock performance of TER, AMAT, and CPRT: Below is a summary table of the current analyst target prices discussed above: NAME SYMBOL RECENT PRICE AVG. ANALYST 12-MO. TARGET % UPSIDE TO TARGET Invesco DWA Momentum ETF PDP $75.18 $96.83 28.79% Teradyne, Inc. TER $106.88 $147.40 37.91% Applied Materials, Inc. AMAT $123.64 $170.40 37.82% Copart Inc CPRT $115.52 $159.00 37.64% Are analysts justified in these targets, or overly optimistic about where these stocks will be trading 12 months from now? Do the analysts have a valid justification for their targets, or are they behind the curve on recent company and industry developments? A high price target relative to a stock's trading price can reflect optimism about the future, but can also be a precursor to target price downgrades if the targets were a relic of the past. These are questions that require further investor research. 10 ETFs With Most Upside To Analyst Targets » The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
CPRT,2022-03-15,29.3662,30.185,29.3075,30.0675,
CPRT,2022-03-16,30.31,31.34,30.31,31.3225,
CPRT,2022-03-17,31.055,31.9125,31.0325,31.9,"Investor Lesson: What a Company's Financial Filings Can Tell You A company's financials are more than just a set of numbers. They can tell a story that helps investors understand the core of a business and where its growth opportunity lies. In this podcast, Motley Fool analyst John Rotonti talks with fellow Motley Fool analyst Auri Hughes about the financials to watch before putting your money into a publicly traded company. They discuss: Profit drivers in a company's balance sheet. The portions of a 10-K that investors should pay close attention to. Metrics that provide insights about a company's growth prospects. To catch full episodes of all The Motley Fool's free podcasts, check out our podcast center. To get started investing, check out our quick-start guide to investing in stocks. A full transcript follows the video. 10 stocks we like better than Walmart When our award-winning analyst team has an investing tip, it can pay to listen. After all, the newsletter they have run for over a decade, Motley Fool Stock Advisor, has tripled the market.* They just revealed what they believe are the ten best stocks for investors to buy right now... and Walmart wasn't one of them! That's right -- they think these 10 stocks are even better buys. See the 10 stocks Stock Advisor returns as of 2/14/21 This video was recorded on March 12, 2022. John Rotonti: You just described it beautifully, this idea that companies reinvest and they grow bigger over time. That's the compounding effect, that's the snowball effect, that's how the math of compounding works. Chris Hill: I'm Chris Hill, and that was Motley Fool Senior Analyst John Rotonti. The financials of a business are more than just numbers. They tell a story that helps investors understand the core of a business, and where its growth opportunity lies. On this Saturday classroom, John's talking with fellow Motley Fool Senior Analyst Auri Hughes about the profit drivers in a company's balance sheet, the part of a 401(k) they love to read, and a financial metric that can tell you a lot about a company's growth potential. John Rotonti: Hi Fools. I'm John Rotonti, I'm here again with Auri Hughes, and today we are going to be talking about understanding the core business and the key drivers of value in that business. How you doing Auri? Auri Hughes: I'm good, how's it going John? John Rotonti: Things are going well. One of my favorite topics to talk about, so things are going yet even better. Fools, we thought we would maybe start by going through a quick example of how sales flow through a company to become earnings. Let's just take a quick example of looking at Starbucks, because Starbucks is a company that most of us are very familiar with. The sale that Starbucks makes, sales are what happened at the point-of-sale. Point-of-sale meaning the cash register in the store or on app if someone is doing mobile, order, and pay, and so that is the sale. When you go into Starbucks, and you pay four dollars for a cup of coffee or whatever it is, that is the sale. From sales, we subtract something called cost of goods sold or COGS, C-O-G-S, and that is everything that goes into specifically making that cup of coffee. Those are expenses that are involved in making that cup of coffee. The coffee beans, the coffee cups, the plastic lids, the straws, any syrups or whip creams that go into that coffee. The salaries of the baristas that make the coffee for you in the store, any pastries you may buy in the store, napkins, sugar packets. All of that is direct cost of making that product, so that's cost of goods sold. We take the four-dollar sale, we subtract the cost of goods sold, and we get something called gross profit, and that's really the unit economic you're looking at. How much profit is left over after you subtract the input costs that go into making that product? That's your gross profit or your unit economic. From gross profits, we subtract operating expenses, and operating expenses are things like SG&A or sales, general, and advertising, and then R&D expense, things like keeping the lights on, paying your water bill, paying your utility bills, paying the rent on the location. Those are all operating expenses or cost of doing business. From gross profit, we subtract out operating expenses, and we get something called operating income, which is also called, and this is really important, earnings before interest, and taxes or E-B-I-T, EBIT. From EBIT, we subtract interest expense if the company has debt. So this is a really important point, from EBIT, we subtract interest expense, meaning debt holders are the first to get paid, debt holders or creditors have a primary claim on a company's cash flows. Remember, we had EBIT, E-B-I-T, and we subtract the interest, we subtract the I, and so now we're left with earnings before taxes or E-B-T, and from that, the business pays taxes to the government. So the government is actually the second in line to get paid, and then what is left over is net income or net profit, or net earnings. They all mean the same thing, net income, net profit, or net earnings, and that is the bottom line of the income statement. Remember, the top line of the income statement was the sale that was made at the point of sale, the sale of that cup of coffee, then we subtracted out the cost of goods sold to get gross profit, then we subtracted out operating expenses to get EBIT, then we subtracted out the I, the interest expense on the debt to get EBT. Then we subtracted out the T, the taxes paid to government, and what is left over, if there's anything left over, is what goes to share holders, is what goes to us as the owners of the business. Keep in mind Fools, we are last to get paid, we get the residual, we get what is left over at the bottom of the income statement. That is why it is called bottom line. But for a lot of great companies like Starbucks, for example, like Apple, which we may talk about later, there's a whole lot leftover, there's a whole lot of net income leftover. Auri, maybe over to you, now that we have an idea of how sales flow through an income statement or flow through a profit and loss statement, how do you find out the most important metrics or the most important drivers to focus on when you are analyzing a new business? Auri Hughes: Wonderful. That was a great description by the way, that was amazing, I felt that much more confident in understanding the income statement. John Rotonti: Thank you. Auri Hughes: Basically, I start with the 10-K document. Again, that's probably one of the most important documents in researching a company. After I read the beginning that just describes the business model, I'm going to look for a section called MD&A which stands for management, discussion, and analysis. There's usually commentary from management describing what are the most important things, what are the drivers of the business. They may have some metrics that directly feed into revenue or show what revenue is comprised of. Just to give you an example, they don't do this anymore, but a few years ago, Apple used to breakout how many iPhones they sold. They broke out the iPhones, the tablets, and the max, and you could actually calculate on average, the average price they were selling them at and the number. So if you think about their business, a big portion of it is going to be at its core, the number of devices they sell, and the average price of those devices. You could see that in their MD&A section, and then you could, if you wanted to forecast, and estimate how much they would sell in the future based on guidance or just the environment, you could do that. So that was very critical. So that's a section I usually go back to for most companies to understand, what are the core drivers of this business, what does management want me to know, what are they showing me? They'll usually talk about the trend, has it trended downward year-over-year or upward? They'll probably give some reasoning as to why that trend has changed. Maybe if it's Etsy, they may say, we had a great holiday season or we had more visitors due to this. A lot of times over the past couple of years, i would see things with information related to COVID. If it's a business that's affected by travel or people being out, you may see some pullback due to COVID or things like that, it just provides a lot of insights into the key drivers of revenue of those businesses. So again, I like the MD&A section. John Rotonti: I agree completely Auri. In that 10-K is where management is going to talk about the metrics that drive value for their business. These metrics are different across industries. If you're looking at a bank, for example, banks take in deposits, and they pay a tiny, tiny bit of interest on those deposits. Then they lend out those deposits, and charge a higher interest rate. So banks, traditional banking, they make their money on that spread, the difference between the small amount of rate they pay on a deposit, and the higher rate they earn when they lend out those deposits, whether it's for a car loan, or whether it's for a mortgage or whatever it is. When you're analyzing a bank, you want to focus on that spread, which is called the net interest margin. There's very few other companies outside of banks where the net interest margin is going to be the key driver of value, but it is for banks. If you are analyzing banks, you have to know that is a key driver of value. If you are analyzing insurance companies, insurance companies look at their own set of metrics. The most popular of which is probably something called the combined ratio, which is a measure of their underwriting profitability, the profitability they earn on their insurance business, on the risk that they take underwriting insurance. If it's a software company, we look at a different set of metrics, we look at sales growth rates, we look at gross margins, we look at gross profit dollar growth, we look at revenue retention rates, we look at how much of revenue is recurring, we look at net revenue retention rates. We look at the rule of 40 for software companies, which is basically revenue growth rate plus the free cash flow margin. There is lots of different metrics, lots of different drivers of value across industries. But Auri, to send it back to you, what metrics would you say at the end of the day, you place the most emphasis on when you're analyzing businesses? Auri Hughes: That's a great question. I think after working here and just looking at historically the best performing stocks of all time, I would say the first one is revenue growth. It doesn't have to be a huge insane amount of revenue growth, but I like to see sustained revenue growth, ideally organic, preferably. If it's not organic, I want to see a team that has executed on acquisitions over time or that's their specialty, or they know what they're doing. Sustained revenue growth over maybe 15 percent hurdle. Then second, and third, I'll put them on the same bar, is probably free cash flow. I do like money coming in. It makes me a little bit more comfortable in that I know the company won't need to go back to the market. Then net cash on the balance sheet, like a safe business that is less likely to go bankrupt or just doesn't need cash. I think a few of those things have been correlated with high stock returns over time. Those are my go-to metrics. John Rotonti: Auri, those are so similar to mine, [laughs] and so I love that. For the portfolio that I lead for The Motley Fool, for Showdown, we had to share our investor philosophy statements or IPS's with our members. I wrote out mine and I bullet pointed the things I look for. I said resilient growth businesses, so you said organic revenue growth. I said with superb leadership that are solving important problems, but then I gave the metrics. I said they've already achieved scale. These are companies that they're larger, they're mid cap or large cap. They've already achieved scale. I said immensely strong balance sheets usually with net cash. I then said, are highly profitable with high and/or rising returns on invested capital or ROIC. I said, have strong and growing free cash flow generation. Then I said in parenthesis, in other words, they are self funding which is what you said. They don't have to tap the markets. They don't rely on other people's money for their growth. Then I said, they likely operate in an oligopoly or duopoly with limited competition, wide moats and very high barriers to entry. One of those that I do want to drill down on just because this is a segment on key performance indicators, KPIs, and key metrics that drive value, I do want to talk a little bit and briefly about the power of the return on invested capital calculation. ROIC, or return on invested capital, if you assume we have two companies already, company A and company B that both aim to grow their earnings at a rate of five percent per year, that's the target growth rate that both companies have set for themselves. They want to grow their earnings, which remember, earnings are what belongs to shareholders. That is what's left over at the end of the day. Both company A and company B want to grow their earnings at five percent per year, but company A has a return on invested capital of 20 percent, and company B has a return on invested capital of only 10 percent. Under these parameters that I've just laid out, company A only has to reinvest 25 percent of its earnings back into the business to achieve its goal of five percent earnings growth, but company B has to reinvest 50 percent of its profits to grow its earnings at the same five percent rate. Company A, which has the higher ROIC, only has to reinvest 25 percent of its earnings to grow at five percent, but company B, which has a lower ROIC, has to reinvest 50 percent of its earnings to grow at the same five percent rate. In other words, company B that has half of the return on invested capital, has to reinvest double to grow at the same rate. Because company A can reinvest less of its earnings back into the business to grow at the same rate, it's reinvesting less back into the business, that means it has more free cash flow left over. It's reinvesting less back into the business, so more free cash flow is left over. Free cash flow, Fools, is ultimately what drives business value. One of the definitions of corporate finance 101 or evaluation 101, is that the intrinsic value of a business, the fundamental fair value of a business, is the present value of all of its future free cash flows that it will generate. Free cash flow is what drives business value. I just went through the math showing you that companies with high ROIC, companies with high return on invested capital are capable of generating far more free cash flow. Any last words Auri? Auri Hughes: Yeah. Return on invested capital, return on equity are amazing concepts. I think when you truly understand them, the way I think about it is the business produces cash. If you're just entrepreneur, are you going to buy more lemonade? You're going to hire more employees, and then reinvest that into the business, and then next year, the business should produce more cash and then you reinvest that and the business grows over and over, and that's why the relationship, that formula between ROE and growth is so important and they go hand in hand. It's just about your opportunities. Is there an opportunity to keep growing the business? That's one of the core concepts of understanding how businesses get bigger and grow over time. I think your example is great because it touches on the efficiency and how effective of a return that business is generating internally. These are just very important concepts to understand. If you look at a lot of the best-performing stocks over time, the ones that have been profitable have had high ROEs or high return on invested capitals. Copart, Constellation Software, just amazing ROEs over multiple years, and they've gotten substantially bigger. Very important concept. John Rotonti: You just described it beautifully, this idea that companies reinvest and they grow bigger over time. That's the compounding effect, that's the snowball effect. That's how the math of compounding works. You mentioned the ROE formula. Fools, let me briefly give you that formula. The formula is net income growth. We talked about net income. That's what goes to shareholders. Net income growth is equal to return on equity multiplied by 1 minus the dividend payout rate. To reframe that, net income growth is equal to ROE multiplied by the reinvestment rate. Whatever a company does not pay out as a dividend, it retains or reinvest back into the business. If we do ROE multiplied by 1 minus the dividend payout rate, then we get ROE times retained earnings or ROE times reinvestment, and that gives you growth of net income. I will leave our Fools with one last formula. There's also a formula for growth of operating income, and that is our ROIC times the reinvestment rate. Auri, you bring up such a great point. These return metrics that we're talking about, ROIC and ROE, they're not only measures of profitability and performance, they're also drivers of growth. There you have it Fools. Auri, thank you so much. Auri Hughes: Thank you, John. This was a lot of fun. John Rotonti: Fool on! Chris Hill: That's all for today, but coming up tomorrow, we're going to talk about Russian oligarchs. Yeah, we really are. As always, people on the program may have interest in the stocks they talk about, and The Motley Fool may have formal recommendations for or against, so don't buy or sell stocks based solely on what your hear. I'm Chris Hill. Thanks for listening. We'll see you tomorrow. Auri Hughes owns Copart and Etsy. Chris Hill owns Apple, Etsy, and Starbucks. John Rotonti owns Apple. The Motley Fool owns and recommends Apple, Etsy, Retail Opportunity Investments, and Starbucks. The Motley Fool recommends Copart and recommends the following options: long March 2023 $120 calls on Apple, short April 2022 $100 calls on Starbucks, and short March 2023 $130 calls on Apple. The Motley Fool has a disclosure policy. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
CPRT,2022-03-18,31.785,32.4825,31.395,32.31,
CPRT,2022-03-21,32.0075,32.21,31.18,31.565,
CPRT,2022-03-22,31.7325,32.1362,31.5812,31.8425,
CPRT,2022-03-23,31.6225,31.8225,31.2,31.2175,
CPRT,2022-03-24,31.275,31.6925,30.9895,31.66,
CPRT,2022-03-25,31.8475,31.8575,31.1112,31.5575,
CPRT,2022-03-28,31.5575,31.865,30.92,31.5475,
CPRT,2022-03-29,32.0425,32.7325,31.905,32.6925,
CPRT,2022-03-30,32.5525,32.5647,31.7725,31.8575,
CPRT,2022-03-31,32.1125,32.1125,31.36,31.3675,"Consumer Sector Update for 03/31/2022: ARHS, CPRT, TPX Consumer stocks were broadly mixed in Wednesday trading, with the SPDR Consumer Staples Select Sector ETF (XLP) climbing 0.2% and the SPDR Consumer Discretionary Select Sector ETF (XLY) sinking 0.9%. In company news, Arhaus (ARHS) was slipping 0.6% this afternoon, giving back a nearly 9% morning advance that followed the Telsey Advisory Group Thursday increasing its price target for the home furnishings company by $1 to $12 a share and reiterating its outperform rating for the stock. Copart (CPRT) declined fractionally, slipping 0.2%, after the online vehicles auctions company promoted Jeff Liaw to co-CEO from his current role as president of the Copart's North America operations and joining co-chief executive Jay Adair guiding the company. Tempur Sealy International (TPX) dropped 3.1% after the mattress company Thursday said its was expecting net sales for its quarter Q1 ending Thursday to grow 15% over its $1.04 billion in sales during the first three months of 2021, while Wall Street is looking for $1.26 billion in Q1 sales, indicating a 21% year-over-year increase. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
CPRT,2022-04-01,31.56,31.7838,31.2825,31.42,
CPRT,2022-04-04,31.5475,32.0525,31.33,31.8975,
CPRT,2022-04-05,31.78,32.1075,31.5175,31.5875,
CPRT,2022-04-06,31.235,31.4175,30.75,31.1925,
CPRT,2022-04-07,30.995,31.3575,30.7725,31.22,
CPRT,2022-04-08,31.1525,31.8438,30.8675,31.41,
CPRT,2022-04-11,31.3,31.5625,30.7925,30.8425,
CPRT,2022-04-12,31.1475,31.5025,30.1612,30.25,
CPRT,2022-04-13,30.0825,30.5375,30.055,30.3475,
CPRT,2022-04-14,30.475,30.675,29.185,29.245,"Analysts Predict 25% Upside For QQQM Looking at the underlying holdings of the ETFs in our coverage universe at ETF Channel, we have compared the trading price of each holding against the average analyst 12-month forward target price, and computed the weighted average implied analyst target price for the ETF itself. For the Invesco NASDAQ 100 ETF (Symbol: QQQM), we found that the implied analyst target price for the ETF based upon its underlying holdings is $177.72 per unit. With QQQM trading at a recent price near $142.47 per unit, that means that analysts see 24.74% upside for this ETF looking through to the average analyst targets of the underlying holdings. Three of QQQM's underlying holdings with notable upside to their analyst target prices are Atlassian Corp PLC (Symbol: TEAM), Copart Inc (Symbol: CPRT), and Analog Devices Inc (Symbol: ADI). Although TEAM has traded at a recent price of $280.33/share, the average analyst target is 51.09% higher at $423.54/share. Similarly, CPRT has 30.49% upside from the recent share price of $121.39 if the average analyst target price of $158.40/share is reached, and analysts on average are expecting ADI to reach a target price of $203.75/share, which is 28.86% above the recent price of $158.12. Below is a twelve month price history chart comparing the stock performance of TEAM, CPRT, and ADI: Below is a summary table of the current analyst target prices discussed above: NAME SYMBOL RECENT PRICE AVG. ANALYST 12-MO. TARGET % UPSIDE TO TARGET Invesco NASDAQ 100 ETF QQQM $142.47 $177.72 24.74% Atlassian Corp PLC TEAM $280.33 $423.54 51.09% Copart Inc CPRT $121.39 $158.40 30.49% Analog Devices Inc ADI $158.12 $203.75 28.86% Are analysts justified in these targets, or overly optimistic about where these stocks will be trading 12 months from now? Do the analysts have a valid justification for their targets, or are they behind the curve on recent company and industry developments? A high price target relative to a stock's trading price can reflect optimism about the future, but can also be a precursor to target price downgrades if the targets were a relic of the past. These are questions that require further investor research. 10 ETFs With Most Upside To Analyst Targets » The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
CPRT,2022-04-18,29.1525,29.3375,28.6025,29.0825,
CPRT,2022-04-19,28.94,30.1775,28.94,30.105,"First Week of June 17th Options Trading For Copart (CPRT) Investors in Copart Inc (Symbol: CPRT) saw new options begin trading this week, for the June 17th expiration. At Stock Options Channel, our YieldBoost formula has looked up and down the CPRT options chain for the new June 17th contracts and identified one put and one call contract of particular interest. The put contract at the $110.00 strike price has a current bid of $2.80. If an investor was to sell-to-open that put contract, they are committing to purchase the stock at $110.00, but will also collect the premium, putting the cost basis of the shares at $107.20 (before broker commissions). To an investor already interested in purchasing shares of CPRT, that could represent an attractive alternative to paying $118.67/share today. Because the $110.00 strike represents an approximate 7% discount to the current trading price of the stock (in other words it is out-of-the-money by that percentage), there is also the possibility that the put contract would expire worthless. The current analytical data (including greeks and implied greeks) suggest the current odds of that happening are 77%. Stock Options Channel will track those odds over time to see how they change, publishing a chart of those numbers on our website under the contract detail page for this contract. Should the contract expire worthless, the premium would represent a 2.55% return on the cash commitment, or 15.75% annualized — at Stock Options Channel we call this the YieldBoost. Below is a chart showing the trailing twelve month trading history for Copart Inc, and highlighting in green where the $110.00 strike is located relative to that history: Turning to the calls side of the option chain, the call contract at the $120.00 strike price has a current bid of $5.30. If an investor was to purchase shares of CPRT stock at the current price level of $118.67/share, and then sell-to-open that call contract as a ""covered call,"" they are committing to sell the stock at $120.00. Considering the call seller will also collect the premium, that would drive a total return (excluding dividends, if any) of 5.59% if the stock gets called away at the June 17th expiration (before broker commissions). Of course, a lot of upside could potentially be left on the table if CPRT shares really soar, which is why looking at the trailing twelve month trading history for Copart Inc, as well as studying the business fundamentals becomes important. Below is a chart showing CPRT's trailing twelve month trading history, with the $120.00 strike highlighted in red: Considering the fact that the $120.00 strike represents an approximate 1% premium to the current trading price of the stock (in other words it is out-of-the-money by that percentage), there is also the possibility that the covered call contract would expire worthless, in which case the investor would keep both their shares of stock and the premium collected. The current analytical data (including greeks and implied greeks) suggest the current odds of that happening are 52%. On our website under the contract detail page for this contract, Stock Options Channel will track those odds over time to see how they change and publish a chart of those numbers (the trading history of the option contract will also be charted). Should the covered call contract expire worthless, the premium would represent a 4.47% boost of extra return to the investor, or 27.63% annualized, which we refer to as the YieldBoost. The implied volatility in the put contract example is 40%, while the implied volatility in the call contract example is 34%. Meanwhile, we calculate the actual trailing twelve month volatility (considering the last 253 trading day closing values as well as today's price of $118.67) to be 28%. For more put and call options contract ideas worth looking at, visit StockOptionsChannel.com. Top YieldBoost Calls of the Nasdaq 100 » The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
CPRT,2022-04-20,30.3575,30.545,30.0474,30.19,
CPRT,2022-04-21,30.31,30.6975,29.635,29.7125,
CPRT,2022-04-22,29.69,29.725,29.0175,29.0375,
CPRT,2022-04-25,29.0725,29.575,28.6712,29.5525,
CPRT,2022-04-26,29.1925,29.3025,28.4875,28.5275,
CPRT,2022-04-27,28.5325,28.9625,28.1138,28.23,
CPRT,2022-04-28,28.5975,29.3225,28.325,29.1825,
CPRT,2022-04-29,28.8625,29.4725,28.345,28.4125,
CPRT,2022-05-02,28.4525,28.9306,28.07,28.74,
CPRT,2022-05-03,28.8025,28.835,28.28,28.6175,
CPRT,2022-05-04,28.555,29.79,28.2072,29.7075,
CPRT,2022-05-05,29.3575,29.3675,28.03,28.2725,
CPRT,2022-05-06,28.0925,28.2725,27.065,27.405,
CPRT,2022-05-09,27.1775,27.5038,26.825,27.1725,"Ritchie Bros. (RBA) Q1 Earnings and Revenues Surpass Estimates Ritchie Bros. (RBA) came out with quarterly earnings of $0.46 per share, beating the Zacks Consensus Estimate of $0.32 per share. This compares to earnings of $0.25 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of 43.75%. A quarter ago, it was expected that this heavy equipment auctioneer would post earnings of $0.58 per share when it actually produced earnings of $0.50, delivering a surprise of -13.79%. Over the last four quarters, the company has surpassed consensus EPS estimates two times. Ritchie Bros., which belongs to the Zacks Auction and Valuation Services industry, posted revenues of $393.92 million for the quarter ended March 2022, surpassing the Zacks Consensus Estimate by 13.04%. This compares to year-ago revenues of $331.56 million. The company has topped consensus revenue estimates two times over the last four quarters. The sustainability of the stock's immediate price movement based on the recently-released numbers and future earnings expectations will mostly depend on management's commentary on the earnings call. Ritchie Bros. Shares have lost about 14.5% since the beginning of the year versus the S&P 500's decline of -13.5%. What's Next for Ritchie Bros. While Ritchie Bros. Has underperformed the market so far this year, the question that comes to investors' minds is: what's next for the stock? There are no easy answers to this key question, but one reliable measure that can help investors address this is the company's earnings outlook. Not only does this include current consensus earnings expectations for the coming quarter(s), but also how these expectations have changed lately. Empirical research shows a strong correlation between near-term stock movements and trends in earnings estimate revisions. Investors can track such revisions by themselves or rely on a tried-and-tested rating tool like the Zacks Rank, which has an impressive track record of harnessing the power of earnings estimate revisions. Ahead of this earnings release, the estimate revisions trend for Ritchie Bros. Unfavorable. While the magnitude and direction of estimate revisions could change following the company's just-released earnings report, the current status translates into a Zacks Rank #5 (Strong Sell) for the stock. So, the shares are expected to underperform the market in the near future. You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here. It will be interesting to see how estimates for the coming quarters and current fiscal year change in the days ahead. The current consensus EPS estimate is $0.62 on $450.87 million in revenues for the coming quarter and $1.99 on $1.58 billion in revenues for the current fiscal year. Investors should be mindful of the fact that the outlook for the industry can have a material impact on the performance of the stock as well. In terms of the Zacks Industry Rank, Auction and Valuation Services is currently in the bottom 7% of the 250 plus Zacks industries. Our research shows that the top 50% of the Zacks-ranked industries outperform the bottom 50% by a factor of more than 2 to 1. Copart, Inc. (CPRT), another stock in the same industry, has yet to report results for the quarter ended April 2022. This company is expected to post quarterly earnings of $1.15 per share in its upcoming report, which represents a year-over-year change of +5.5%. The consensus EPS estimate for the quarter has been revised 0.2% higher over the last 30 days to the current level. Copart, Inc.'s revenues are expected to be $860.41 million, up 17.2% from the year-ago quarter. 7 Best Stocks for the Next 30 Days Just released: Experts distill 7 elite stocks from the current list of 220 Zacks Rank #1 Strong Buys. They deem these tickers ""Most Likely for Early Price Pops."" Since 1988, the full list has beaten the market more than 2X over with an average gain of +25.4% per year. So be sure to give these hand-picked 7 your immediate attention. See them now >> Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Ritchie Bros. Auctioneers Incorporated (RBA): Free Stock Analysis Report Copart, Inc. (CPRT): Free Stock Analysis Report To read this article on Zacks.com click here. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
CPRT,2022-05-10,27.825,28.125,26.79,27.39,"Vectrus (VEC) Tops Q1 Earnings and Revenue Estimates Vectrus (VEC) came out with quarterly earnings of $1.01 per share, beating the Zacks Consensus Estimate of $0.82 per share. This compares to earnings of $1.20 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of 23.17%. A quarter ago, it was expected that this government services company would post earnings of $1.13 per share when it actually produced earnings of $0.90, delivering a surprise of -20.35%. Over the last four quarters, the company has surpassed consensus EPS estimates three times. Vectrus, which belongs to the Zacks Business - Services industry, posted revenues of $456.47 million for the quarter ended March 2022, surpassing the Zacks Consensus Estimate by 7.11%. This compares to year-ago revenues of $434 million. The company has topped consensus revenue estimates four times over the last four quarters. The sustainability of the stock's immediate price movement based on the recently-released numbers and future earnings expectations will mostly depend on management's commentary on theearnings call Vectrus shares have lost about 23.3% since the beginning of the year versus the S&P 500's decline of -16.3%. What's Next for Vectrus? While Vectrus has underperformed the market so far this year, the question that comes to investors' minds is: what's next for the stock? There are no easy answers to this key question, but one reliable measure that can help investors address this is the company's earnings outlook. Not only does this include current consensus earnings expectations for the coming quarter(s), but also how these expectations have changed lately. Empirical research shows a strong correlation between near-term stock movements and trends in earnings estimate revisions. Investors can track such revisions by themselves or rely on a tried-and-tested rating tool like the Zacks Rank, which has an impressive track record of harnessing the power of earnings estimate revisions. Ahead of this earnings release, the estimate revisions trend for Vectrus: unfavorable. While the magnitude and direction of estimate revisions could change following the company's just-released earnings report, the current status translates into a Zacks Rank #5 (Strong Sell) for the stock. So, the shares are expected to underperform the market in the near future. You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here. It will be interesting to see how estimates for the coming quarters and current fiscal year change in the days ahead. The current consensus EPS estimate is $0.99 on $443.01 million in revenues for the coming quarter and $4.52 on $1.85 billion in revenues for the current fiscal year. Investors should be mindful of the fact that the outlook for the industry can have a material impact on the performance of the stock as well. In terms of the Zacks Industry Rank, Business - Services is currently in the bottom 22% of the 250 plus Zacks industries. Our research shows that the top 50% of the Zacks-ranked industries outperform the bottom 50% by a factor of more than 2 to 1. Another stock from the broader Zacks Business Services sector, Copart, Inc. (CPRT), has yet to report results for the quarter ended April 2022. This company is expected to post quarterly earnings of $1.15 per share in its upcoming report, which represents a year-over-year change of +5.5%. The consensus EPS estimate for the quarter has been revised 0.2% higher over the last 30 days to the current level. Copart, Inc.'s revenues are expected to be $860.41 million, up 17.2% from the year-ago quarter. Bitcoin, Like the Internet Itself, Could Change Everything Blockchain and cryptocurrency has sparked one of the most exciting discussion topics of a generation. Some call it the “Internet of Money” and predict it could change the way money works forever. If true, it could do to banks what Netflix did to Blockbuster and Amazon did to Sears. Experts agree we’re still in the early stages of this technology, and as it grows, it will create several investing opportunities. Zacks’ has just revealed 3 companies that can help investors capitalize on the explosive profit potential of Bitcoin and the other cryptocurrencies with significantly less volatility than buying them directly. See 3 crypto-related stocks now >> Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Vectrus, Inc. (VEC): Free Stock Analysis Report Copart, Inc. (CPRT): Free Stock Analysis Report To read this article on Zacks.com click here. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
CPRT,2022-05-11,27.135,27.7075,26.6925,26.7425,
CPRT,2022-05-12,26.55,27.2325,26.3525,26.9975,
CPRT,2022-05-13,27.26,28.085,27.2375,27.99,
CPRT,2022-05-16,27.7375,27.8388,27.27,27.5525,
CPRT,2022-05-17,28.1825,28.3775,27.705,28.365,
CPRT,2022-05-18,27.9275,28.0275,26.56,26.6375,"[""Copart, Inc. (CPRT) Surpasses Q3 Earnings and Revenue Estimates Copart, Inc. (CPRT) came out with quarterly earnings of $1.17 per share, beating the Zacks Consensus Estimate of $1.15 per share. This compares to earnings of $1.09 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of 1.74%. A quarter ago, it was expected that this company would post earnings of $1.04 per share when it actually produced earnings of $1.10, delivering a surprise of 5.77%. Over the last four quarters, the company has surpassed consensus EPS estimates four times. Copart, Inc., which belongs to the Zacks Auction and Valuation Services industry, posted revenues of $939.94 million for the quarter ended April 2022, surpassing the Zacks Consensus Estimate by 9.24%. This compares to year-ago revenues of $733.91 million. The company has topped consensus revenue estimates four times over the last four quarters. The sustainability of the stock's immediate price movement based on the recently-released numbers and future earnings expectations will mostly depend on management's commentary on the earnings call. Copart, Inc. Shares have lost about 25.2% since the beginning of the year versus the S&P 500's decline of -14.2%. What's Next for Copart, Inc. While Copart, Inc. Has underperformed the market so far this year, the question that comes to investors' minds is: what's next for the stock? There are no easy answers to this key question, but one reliable measure that can help investors address this is the company's earnings outlook. Not only does this include current consensus earnings expectations for the coming quarter(s), but also how these expectations have changed lately. Empirical research shows a strong correlation between near-term stock movements and trends in earnings estimate revisions. Investors can track such revisions by themselves or rely on a tried-and-tested rating tool like the Zacks Rank, which has an impressive track record of harnessing the power of earnings estimate revisions. Ahead of this earnings release, the estimate revisions trend for Copart, Inc. Favorable. While the magnitude and direction of estimate revisions could change following the company's just-released earnings report, the current status translates into a Zacks Rank #2 (Buy) for the stock. So, the shares are expected to outperform the market in the near future. You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here. It will be interesting to see how estimates for the coming quarters and current fiscal year change in the days ahead. The current consensus EPS estimate is $1.05 on $832.8 million in revenues for the coming quarter and $4.39 on $3.37 billion in revenues for the current fiscal year. Investors should be mindful of the fact that the outlook for the industry can have a material impact on the performance of the stock as well. In terms of the Zacks Industry Rank, Auction and Valuation Services is currently in the top 14% of the 250 plus Zacks industries. Our research shows that the top 50% of the Zacks-ranked industries outperform the bottom 50% by a factor of more than 2 to 1. Another stock from the broader Zacks Business Services sector, Elastic (ESTC), has yet to report results for the quarter ended April 2022. This software developer is expected to post quarterly loss of $0.22 per share in its upcoming report, which represents a year-over-year change of -175%. The consensus EPS estimate for the quarter has been revised 3.5% lower over the last 30 days to the current level. Elastic's revenues are expected to be $230.35 million, up 29.7% from the year-ago quarter. Zacks Names \""Single Best Pick to Double\"" From thousands of stocks, 5 Zacks experts each have chosen their favorite to skyrocket +100% or more in months to come. From those 5, Director of Research Sheraz Mian hand-picks one to have the most explosive upside of all. It\u2019s a little-known chemical company that\u2019s up 65% over last year, yet still dirt cheap. With unrelenting demand, soaring 2022 earnings estimates, and $1.5 billion for repurchasing shares, retail investors could jump in at any time. This company could rival or surpass other recent Zacks\u2019 Stocks Set to Double like Boston Beer Company which shot up +143.0% in little more than 9 months and NVIDIA which boomed +175.9% in one year. Free: See Our Top Stock and 4 Runners Up >> Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Copart, Inc. (CPRT): Free Stock Analysis Report Elastic N.V. (ESTC): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Copart, Inc. Q3 Profit Decreases, but beats estimates (RTTNews) - Copart, Inc. (CPRT) announced a profit for third quarter that decreased from last year but beat the Street estimates. The company's bottom line totaled $278.62 million, or $1.16 per share. This compares with $286.80 million, or $1.19 per share, in last year's third quarter. Excluding items, Copart, Inc. reported adjusted earnings of $281.47 million or $1.17 per share for the period. Analysts on average had expected the company to earn $1.14 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items. The company's revenue for the quarter rose 28.1% to $939.94 million from $733.91 million last year. Copart, Inc. earnings at a glance (GAAP) : -Earnings (Q3): $278.62 Mln. vs. $286.80 Mln. last year. -EPS (Q3): $1.16 vs. $1.19 last year. -Analyst Estimates: $1.14 -Revenue (Q3): $939.94 Mln vs. $733.91 Mln last year. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""After-Hours Earnings Report for May 18, 2022 : CSCO, SNPS, CPRT, BBWI, GDS, HWKN, IBEX The following companies are expected to report earnings after hours on 05/18/2022. Visit our Earnings Calendar for a full list of expected earnings releases. Cisco Systems, Inc. (CSCO)is reporting for the quarter ending April 30, 2022. The computer networks company's consensus earnings per share forecast from the 10 analysts that follow the stock is $0.77. This value represents a 2.67% increase compared to the same quarter last year. In the past year CSCO has beat the expectations every quarter. The highest one was in the 1st calendar quarter where they beat the consensus by 5.48%. Zacks Investment Research reports that the 2022 Price to Earnings ratio for CSCO is 16.32 vs. an industry ratio of 8.90, implying that they will have a higher earnings growth than their competitors in the same industry. Synopsys, Inc. (SNPS)is reporting for the quarter ending April 30, 2022. The computer software company's consensus earnings per share forecast from the 2 analysts that follow the stock is $1.80. This value represents a 45.16% increase compared to the same quarter last year. Zacks Investment Research reports that the 2022 Price to Earnings ratio for SNPS is 50.23 vs. an industry ratio of 107.20. Copart, Inc. (CPRT)is reporting for the quarter ending April 30, 2022. The auction company's consensus earnings per share forecast from the 3 analysts that follow the stock is $1.15. This value represents a 5.50% increase compared to the same quarter last year. In the past year CPRT has beat the expectations every quarter. The highest one was in the 1st calendar quarter where they beat the consensus by 5.77%. Zacks Investment Research reports that the 2022 Price to Earnings ratio for CPRT is 25.85 vs. an industry ratio of 30.30. Bath & Body Works, Inc. (BBWI)is reporting for the quarter ending April 30, 2022. The retail company's consensus earnings per share forecast from the 7 analysts that follow the stock is $0.51. This value represents a 59.20% decrease compared to the same quarter last year. In the past year BBWI has met analyst expectations once and beat the expectations the other three quarters. Zacks Investment Research reports that the 2023 Price to Earnings ratio for BBWI is 10.31 vs. an industry ratio of 9.90, implying that they will have a higher earnings growth than their competitors in the same industry. GDS Holdings Limited (GDS)is reporting for the quarter ending March 31, 2022. The technology services company's consensus earnings per share forecast from the 3 analysts that follow the stock is $-0.37. This value represents a 48.00% decrease compared to the same quarter last year. Zacks Investment Research reports that the 2022 Price to Earnings ratio for GDS is -18.99 vs. an industry ratio of -10.00. Hawkins, Inc. (HWKN)is reporting for the quarter ending March 31, 2022. The chemical company's consensus earnings per share forecast from the 1 analyst that follows the stock is $0.43. This value represents a no change for the same quarter last year. HWKN missed the consensus earnings per share in the 3rd calendar quarter of 2021 by -15.19%. Zacks Investment Research reports that the 2022 Price to Earnings ratio for HWKN is 16.33 vs. an industry ratio of 8.50, implying that they will have a higher earnings growth than their competitors in the same industry. IBEX Limited (IBEX)is reporting for the quarter ending March 31, 2022. The business services company's consensus earnings per share forecast from the 2 analysts that follow the stock is $0.28. This value represents a 12.50% decrease compared to the same quarter last year. IBEX missed the consensus earnings per share in the 3rd calendar quarter of 2021 by -86.96%. The \""days to cover\"" for this stock exceeds 11 days.The days to cover, as reported in the 4/29/2022 short interest update, increased 185.22% from previous report on 4/14/2022. Zacks Investment Research reports that the 2022 Price to Earnings ratio for IBEX is 17.47 vs. an industry ratio of 20.10. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.""]"
CPRT,2022-05-19,27.1675,28.26,26.5775,27.725,"[""Copart (CPRT) Q3 2022 Earnings Call Transcript Image source: The Motley Fool. Copart (NASDAQ: CPRT) Q3 2022 Earnings Call May 19, 2022, 11:00 a.m. ET Contents: Prepared Remarks Questions and Answers Call Participants Prepared Remarks: Operator Good day, everyone, and welcome to the Copart, Inc. third quarter fiscal 2022earnings call Just a reminder, today's conference is being recorded. For opening remarks, I would like to turn the call over to Mr. John North, chief financial officer of Copart, Inc. Please go ahead, sir. John North -- Chief Financial Officer Thanks. Good morning. During today's call, we'll discuss certain non-GAAP measures, which include adjustments to income tax benefits related to stock-based compensation, legal matters and discrete income tax items. We've provided a reconciliation of these non-GAAP financial measures to the most directly comparable GAAP measures on our investor relations website and in our press release issued yesterday. We believe these non-GAAP measures, together with the corresponding GAAP measures, are relevant in analyzing our results and assessing our business trends and performance. In addition, our comments today include forward-looking statements within the meaning of federal securities laws, including management's current views with respect to trends, opportunities and uncertainties in our markets. These forward-looking statements involve substantial risks and uncertainties. For more detail on the risks associated with our business, we'll refer you to the section titled Risk Factors in our annual report on Form 10-K for the year ended July 31, 2021, and each of our subsequent quarterly reports on Form 10-Q. 10 stocks we like better than Copart When our award-winning analyst team has a stock tip, it can pay to listen. After all, the newsletter they have run for over a decade, Motley Fool Stock Advisor, has tripled the market.* They just revealed what they believe are the ten best stocks for investors to buy right now... and Copart wasn't one of them! That's right -- they think these 10 stocks are even better buys. See the 10 stocks *Stock Advisor returns as of April 27, 2022 Any forward-looking statements are made as of today, and we have no obligation to update or revise any forward-looking statements. And so with that out of the way, I'd like to turn the call over to our co-CEO, Jeff Liaw. Jeffrey Liaw -- President and Chief Executive Officer, North America Great. Thank you. Good morning, everyone. We're pleased to report our results for the third quarter of fiscal 2022. As you are all, no doubt, well aware, our industry and the global economy in general are experiencing a number of variables at unusual levels. New and used vehicle shortages, evolving workplace practices and traffic patterns, volatile and elevated fuel and commodity prices and global instability. Against that backdrop, we continue to perform well for our customers, and therefore, by extension for our business as well. Our long-term core operating beliefs and principles remain unchanged. Above all else, we'll invest in our physical infrastructure, our technology platform, our people and our customer service offerings to improve auction liquidity and returns for our sellers in our more mature markets. We'll continue to collaboratively engage with our sellers both day to day and through catastrophic events, including what appears to be an active storm season ahead, to protect them and their policyholder relationships. We will actively expand our addressable markets by growing our volume of lesser damaged and whole cars from both insurance and non-insurance sellers. And we'll continue our expansion into international markets in Western Europe and beyond, including Germany and Spain. But turning to the events of the quarter. Starting with unit volume trends and our auction performance. Our global unit sales increased 12% year over year for the quarter with a U.S. increase of 11% and an international increase of 18%. Our insurance business itself grew relative to the third quarters of both last year and the year prior on a two-year basis due to a continued recovery in overall driving activity and accident frequency and severity. We'd also note, however, that record-high used vehicle prices have for the past few quarters negatively impacted total loss frequency and have tempered overall insurance volume growth relative to what it otherwise would have been. On the notion of driving activity, at least as measured in vehicle miles driven as tracked by the U.S. Department of Transportation, for example, we've seen a rebound in driving activity now to a level similar to pre-pandemic levels, including as measured by gasoline consumption and the like. The character of driving has evolved with less, of course, workplace commuting, more leisure travel as a substitute. On the question of total loss frequency. Contrary to very consistent long-term trends, total loss frequency has declined sequentially over the past few quarters and year over year with a strong used car price environment and vehicle availability, reducing assignment volume relative to what it otherwise would be. While our auction returns themselves are at all-time highs and have kept pace with the used car market in general, higher pre-accident values do reduce volume relative to what it otherwise would be. In layman's terms, in a world in which replacement vehicles are hard to come by, total loss settlements are less compelling than they otherwise would be. While total loss frequency has declined over the course of the past 12 months or so the 40-year trend is nonetheless clear. We believe the market will ultimately revert to the historical norm of steadily rising total loss frequency and, in fact, a number of other variables, increasing accident severity, repair duration, repair labor costs, rental car costs and the like should contribute to that reversion as well. The history of total loss frequency is quite clear. It was 4% or thereabouts in 1980 and is approximately 20% today. And it, in turn, has been the product of two key factors. Vehicle complexity and composition have made cars more expensive to repair over time, while our auction liquidity and global buyer base have made them ever more efficient to total instead. As used vehicle values eventually moderates and potentially trend back to lower levels in the future, we may see a moderation in our average selling prices as well. In that scenario, however, we believe we will benefit from volume increases, perhaps substantially so. We continue to grow our business as well in non-insurance vehicles, including -- excluding, pardon me, cars and sources like wholesalers and charities. Our U.S. non-insurance business grew approximately 3% in unit volume year over year, driven in part by growth in our consumer-based cash for cars business as well as growth in non-salvaged sources of volumes, such as rental car fleets, corporate fleets and financial institutions. Overall, our growth across the full spectrum of vehicles generates improved auction liquidity, auction attendance and returns for our sellers as well. The greater number of non-insurance cars we sell, whether they're from dealers or rental car companies, fleet managers, lenders or from consumers ultimately contributes to auction liquidity and generating better returns for our insurance sellers in turn. I wanted to provide a few comments on environmental sustainability and governance matters before turning it over to John. We play a meaningful role in the global circular economy. We sold more than 3 million vehicles in our last fiscal year and estimate that 40% to 50% of those vehicles are ultimately returned to drivable services somewhere on the planet. And of course, the balance are subsequently harvested for parts and raw materials. In both cases, we provide meaningful benefits to the world environmentally through the avoidance of manufacturing of vehicles and of replacement parts. According to recent research from Argonne National Laboratory, a science and engineering research house operated by the University of Chicago on behalf of the U.S. Department of Energy, the vehicle manufacturing process produces nearly two metric tons of CO2 per new vehicle manufactured. We estimate, therefore, that our business facilitates the avoidance of literally millions of carbon dioxide, millions of tons of carbon dioxide per year. Our business, especially given our emphasis on providing access to international buyers, also contributes to the advancement of other important societal objectives, including the reduction of global poverty with affordable transportation as a crucial lever. And improved outcomes for people around the world and commuting to work, advancing their education or accessing medical care and the like. In the weeks ahead, we intend to publish our inaugural ESG report in which we'll provide additional disclosure about our role and impact in the circular economy. And with that, I'll turn it over to John North, our CFO, to walk through the third quarter financial results. John North -- Chief Financial Officer Thanks, Jeff, and good morning. I'll make a few comments on our results, and then we can open it up for some questions. For the third quarter, global revenue increased $206 million or 28%, which included a $7.2 million headwind due to currency. Global service revenue increased $142.5 million or 23%, primarily due to higher average selling prices and increased volume. U.S. service revenue grew 23%, and international experienced an increase of 19% despite significant currency headwinds. We saw continued strength in average selling prices, which grew 13% year over year for the quarter. U.S. ASPs were up 14%. The Manheim Index is lower than January record levels but remained historically elevated, ending April at 221.2, which was an increase of 14% year over year. That trend has continued in May. The mid-month index, which was released a couple of days ago, is up sequentially 0.7% and 9.7% year over year. U.S. insurance pre-accident ACVs were up 29% or $3,700 roughly as they continue to catch up with the reality of current used car values. Purchased vehicles continue to comprise a larger percentage of our overall revenue mix, driven by both unprecedented used car values and growth in volume, particularly in our consumer-facing cash for cars business in the United States and from expansion in Germany. Purchased vehicle sales increased $64 million or 58%. U.S. purchased vehicle revenue was up 56% over the prior year, and international grew 62%. Purchased vehicle cost of sales grew $63 million or 66%, exceeding the growth in revenue. As a result, purchased vehicle gross profit increased modestly by $800,000 or 5.3% overall. Global gross profit in the third quarter increased by $55 million or 14%, and our gross margin percentage decreased by approximately 550 basis points to 46.4%. U.S. margins decreased from 55% to 50%, and international margins decreased from 37% to 29%. As was true last quarter, this margin decline was primarily attributable to two factors: Approximately 250 basis points of decline was due to purchased vehicles from both a mix shift to more of them and from the decline in gross margin rate on the vehicles relative to their absolute values increase. The balance of the margin contraction was attributable to cost inflation in both towing and labor, offset partially by higher revenue per unit and volume growth. We believe we can continue to increase margin and returns on capital over time, however, as we benefit from scale and find further operational efficiencies through technology and innovation. I will now move to a discussion of G&A expenditures, excluding stock compensation and depreciation. G&A spend in the quarter increased $11.1 million. Approximately $6.6 million of the increase was attributable to certain Howard approved legal items, and we have presented this adjustment net of tax in our non-GAAP reconciliation. Adjusting for this, our G&A increased $4.5 million or 11.5% from $39.1 million to $43.6 million. While G&A can be volatile from period to period, over the longer term, we anticipate G&A leverage to improve as we grow our business and create additional opportunities for efficiency. Our GAAP operating income increased by 14% from $328 million to $373 million. And adjusting for the G&A item I mentioned a moment ago, it increased 16% to $379 million. Third quarter income tax expense was $91 million at a roughly 25% effective tax rate. Adjusting for the tax benefit associated with the exercise of stock options as well as certain legal matters and other discrete tax items, the effective tax rate would have been 25.2%. Third quarter GAAP net income decreased 3% from $287 million last year to $279 million, excuse me, this year. Adjusted to remove the items detailed in our pro forma reconciliation included in the press release, non-GAAP net income increased 7.4% from $262 million last year to $282 million in the third quarter of this year. Our global inventory at the end of April increased 5.3% from last year and 7% excluding low-value units from wholesalers and charities, for example. This is comprised of a year-over-year increase of 1.9% for the U.S. and 31% for international. The increase in inventory is largely a function of accident frequency and miles driven returning to normal, offset by a decline in total loss frequency, as Jeff commented on a few moments ago. Now, to briefly highlight our liquidity and cash flow. As of April 30, 2022, we had $2.9 billion of liquidity comprised of $1.7 billion of cash and cash equivalents and an undrawn revolving credit facility with capacity of over $1.2 billion. Given the recent increase in interest rates, we have elected to call the $400 million of private placement notes due in $100 million tranches between now and 2029. We will incur a modest prepayment penalty but believe this to be the superior choice given cash on hand and associated interest savings over the next seven years. We have notified the note holders and anticipate retiring the debt early next week. Operating cash flow for the quarter increased by $48 million year over year to $417 million, driven by stronger earnings. We invested $79 million in capital expenditures in the quarter, and over 80% of this amount was attributable to capacity expansion as we continue to prioritize the investments Jeff spoke of a moment ago. And with that, we'll conclude our prepared remarks. We're happy to take some questions. Questions & Answers: Operator Thank you. [Operator instructions] Our first question comes from Bob Labick with CJS. Please proceed. Pete Lukas -- CJS Securities -- Analyst Hi. Good morning. It's Pete Lukas for Bob. You're showing nice unit growth. And despite what we think are suppressed industry volumes due to lower total loss frequency and lower whole car auction volumes, do you think you have sufficient capacity for expected volume growth when used car prices do recede? And what's the pipeline like for additional land purchases? Jeffrey Liaw -- President and Chief Executive Officer, North America In short, the capacity efforts -- I appreciate the question, Pete. Our capacity expansion efforts are -- have been ongoing for years. You first heard about the 20/20/20 initiative in the spring of 2016. So that's six years ago. And our land acquisition, as you know, during that period of time has been elevated even relative to our history, during which we bought land almost as much as we could find. Nowadays, those land purchases continue. And we do believe we're well equipped to handle a cyclical rebound as used car prices decline. So we can handle that volume as it comes, but we are still purchasing land in anticipation of future growth as well, both in the day to day business as well as our catastrophic readiness in light of increased volatility. It's not just the need for more land overall, it's also to accommodate greater volume. It's also an increased ability to handle spikes that are attributable to storm activity as well. Pete Lukas -- CJS Securities -- Analyst Great. And one more for me, just in terms of yard costs. Revenue unit and yard costs, the cost to process a unit are both rising rapidly. Can you talk about the outlook and drivers for cost to process a unit? And if inflation does abate, how much might yard costs pull back? And have there been any structural changes to the cost to process a unit? Jeffrey Liaw -- President and Chief Executive Officer, North America Appreciate the question. No structural changes per se. I think like many businesses or perhaps most businesses in this global economy, the inflationary forces -- and we've always faced inflation in past quarters and past years. Perhaps we'll be talking more about healthcare expenditures in some instances. In some cases, we talk about fuel and the like. Today, those key drivers, of course, are fuel to the extent that we use our own fleet to pickup trucks, certainly, there are increased costs for vehicles and loaders and the like. And to the extent that we use third parties to manage our logistics or to retrieve vehicles for us, they in turn are facing elevated fuel, labor, vehicle costs and the like. So nothing unusual. So I wouldn't characterize it as a structural change or a structural shift, just the same underlying variables that most businesses are facing today. Pete Lukas -- CJS Securities -- Analyst Great. Thanks. I'll jump back in the queue. Jeffrey Liaw -- President and Chief Executive Officer, North America Thanks, Pete. Operator Our next question comes from Daniel Imbro with Stephens Inc. Please proceed. Dan Imbro -- Stephens, Inc. -- Analyst Hey, good morning, everybody and congrats on the quarter. Jeffrey Liaw -- President and Chief Executive Officer, North America Thanks, Dan. Dan Imbro -- Stephens, Inc. -- Analyst Jeff, I had a question on the total loss rate dynamics. I think it makes a lot of sense, obviously, with prices high, what's going on there. But for that to revert and for total loss rates start increasing, do we need prices to move absolutely lower or do they just need to stop increasing at these elevated rates? Or said another way, if prices were to stay higher for longer or maybe just slowly moderate from here, would that be enough to call a total loss rate to start increasing? Or do we really need to see a pretty steep move lower in pricing, you think, before that reverts to the long-term trend? Jeffrey Liaw -- President and Chief Executive Officer, North America A fair question. I think this is an unusual enough moment in history that it's tough to forecast from this as the baseline in the sense that this is the first time I can remember that I could sell my truck which is two years old for well north of what I paid for two years ago, having put 20,000 miles on it, right? So it's tough to extrapolate too much from today's trends. I don't think that's the -- so I think a reversion to anything resembling historical norms, I think, would drive total loss frequency up. I don't think that necessarily means a very radical change in used car prices, but I think it does mean that used cars that are two years old can't sell for meaningfully more than new ones. Dan Imbro -- Stephens, Inc. -- Analyst Got it. That's helpful. And then just moving to the non-insurance piece. Obviously, a lot of change in the wholesale market now. I'm curious with the sale of ADESA, how do you think that creates opportunities for Copart's non-insurance business, specifically thinking about things like repossessed vehicles, which need to be stored on land? And obviously, you guys have a huge advantage there. Just curious how you view the wholesale market as a potentially growth opportunity and how that changes with what's going on with the sale of ADESA. Jeffrey Liaw -- President and Chief Executive Officer, North America Yeah, it's a fair question. I think we perceive that and acted upon that kind of business as an opportunity for years and have pursued that business and built the capabilities to service those types of customers and have made good progress in that regard. Industry changes, like the one you mentioned, I think cause disruption to the status quo. So I think it's a potentially favorable catalyst for us. But ultimately, we still have to prove our value proposition, deliver excellent returns to our sellers, provide excellent service to them as well. So it's a helpful fact perhaps on the margin, but ultimately, the challenge is ours, and we think we'll rise to meet it. Dan Imbro -- Stephens, Inc. -- Analyst Perfect. And then last one, just kind of a modeling question, John, just following up. We've seen another step-up in the mix of vehicle sales for service. It looks like it's happening both in the U.S. and internationally. Is there any change on what insurance carriers provide there or can you provide some color maybe on why that step-up keeps continuing on the purchased vehicle side other than just used vehicle prices? John North -- Chief Financial Officer Yes. I mean it's a combination of vehicle prices and also units. And as we mentioned, we've seen significant growth in the U.S. in our consumer-facing business, our cash for cars business, where we buy lower-value vehicles directly from consumers. That's been growing rapidly. We made great progress there. And it's incremental liquidity in the marketplace. So we're happy to have it. It doesn't displace other business in the U.S. per se. So we're happy to have those cars as well. Internationally, I think really is a testament to the success we're having in Germany. We've seen great growth there in terms of assignment volume. And like many nascent markets, oftentimes, you're starting providing insurance carriers with more certainty, which requires a greater mix of purchased vehicle contracts. That business evolved exactly the way it did in the U.S. and in the U.K., whereas we build trust and relationships and demonstrate tangible returns to insurance carriers, we can align and move to a more consignment-based model and so you've seen both of those. Dan Imbro -- Stephens, Inc. -- Analyst Great. Makes a lot of sense. Thanks so much guys, and best of luck. Jeffrey Liaw -- President and Chief Executive Officer, North America Sure. Thank you. Operator Our next question comes from Craig Kennison with Baird. Please proceed. Craig Kennison -- Robert W. Baird and Company -- Analyst Hey. Good morning. Thanks for taking my question. And Jeff, congratulations on your promotion to co-CEO. I guess, what should investors clients or employees expect from that change? Jeffrey Liaw -- President and Chief Executive Officer, North America I think, Copart, as you know, I think, has long been -- has long had a very collaborative culture to begin with. So we make decisions based on the data and debating the merits of tabs x, y, z. So I think in many respects, business continued as it did before. I was president of the business before and worked closely with our international teams and our U.S. functions and our customers to drive excellent outcomes for them. So I think from your perspective and for most of the outside world, not a radical change from the day before. Craig Kennison -- Robert W. Baird and Company -- Analyst Got it. Thank you. And your business is not overly cyclical, but to the extent the broader economy is headed for a recession, what can you do to prepare for that outcome? Jeffrey Liaw -- President and Chief Executive Officer, North America A recession, which, of course, is top of mind for everyone, I think the -- historically, I would have told you that it can lead to higher unemployment. We're, of course, today at nearly all-time low employment levels, but it can lead to elevated unemployment, and therefore, reduction in commuting for work and otherwise. And of course, over the course of the past two years, we've seen a decline in that commuting traffic anyway even as the economies -- the global economy has boomed. So I think it's difficult to prepare for it. I think our assumption is that we will have to continue growing our capacity and serving our customers with greater volumes tomorrow than today. And so I think preparation, we're ready for it if it comes. But I don't know that it changes the trajectory of how we manage the business day to day. Craig Kennison -- Robert W. Baird and Company -- Analyst And I guess,just as a follow-up related to National Powersport Auctions, are you seeing any rise in repossessions as the economy slows in that particular category? Jeffrey Liaw -- President and Chief Executive Officer, North America If so, modestly. I think it's -- we've been on a many-year run of very low repossessions and certainly over the course of the past few years because there's so much equity value in any loan outstanding that wasn't issued very, very recently. Those are almost always in the money. So the repo volumes remain low. Even if you're struggling to make your payments, you can likely cash in your asset, whether that's a car or a bike for that matter, for positive equity not negative. Craig Kennison -- Robert W. Baird and Company -- Analyst Great. Thank you. Jeffrey Liaw -- President and Chief Executive Officer, North America Thanks, Craig. Operator Our next question comes from John Healy with Northcoast Research. Please proceed. John Healy -- Northcoast Research -- Analyst Thank you. I wanted to ask a big picture question. Obviously, land has been the right move for you guys for a long period of time. But Jeff, you made a comment about investing in the infrastructure at Copart. As I think about the needs of the business going forward and you talk about more volumes coming to you guys at some point with the total loss rate getting back on that long-term trajectory, how do you think about the towing capacity in the business? And if volumes do pick up from here, are the pressures in towing only going to get worse? And is there any thought to potentially internalizing the logistics or towing side of the business? Obviously, the balance sheet is a fortress. And it would seem like you'd have the ability to maybe pivot to making towing an internal competency rather than an outsourced item. And I would love to kind of hear your thoughts on the pluses and minuses of that. Jeffrey Liaw -- President and Chief Executive Officer, North America Yeah. Great question and one we are constantly reevaluating. I think first, on the first half of your question, what happens when volumes pick up to our demand for towing capacity. I think there's so many confounding variables. The real question is what's caused that volume to go up, right? Is the used car prices have softened somewhat and so total loss frequency reverts to its historical trends? And we see many more cars being towed instead of repaired. That's one scenario. If you tell me there were a dramatic global economic downturn, leading to very high unemployment and suddenly heightened availability of drivers, that would be a different question altogether. But as to your more general question, we have long had a mix, certainly very heavily in favor of third-party contractors now for many, many years to retrieve vehicles for us, but we've also operated our own fleet. Historically, the logic there was we wanted to have some capacity to serve, in particular, in storms because that's when drivers are, of course, in the shortest supply. When we certainly have elevated 5x, 10x ordinary day to day volume in a major metro area, having drivers migrate there from elsewhere in the U.S. is challenging. So we have built our own capacity, our catastrophic fleet, so to speak, to serve our customers in their times of need and ours. We are also evaluating doing more of that on a day to day basis as well, not per se because of the fortress balance sheet, but because it may allow us to better serve our customers. And so we have purchased certainly meaningfully more trucks in the past couple of years than we had previously for that expressed purpose. Long term, we continue to think there are technology solutions that can help increase efficiencies for our logistics, including, by the way, expansion of footprint. Every new yard we add reduces, to some extent, the miles that any given car has to be towed to get to a Copart facility but as well as our technology, our location-based driver apps, which help to better dispatch, better deploy our drivers, whether they are in-house employees or third parties. John Healy -- Northcoast Research -- Analyst Great. Thank you. Jeffrey Liaw -- President and Chief Executive Officer, North America Thanks, John. Operator Our next question comes from Chris Bottiglieri with BNP Paribas Exane. Please proceed. Chris Bottiglieri -- Exane BNP Paribas -- Analyst Hey, guys. Thanks for taking the question. Want to follow up on the purchased vehicle business a little bit. Is most of the growth in the U.S., is that coming from Copart Direct or are there other factors at work? And then can you tell us more about that Copart Direct car? Is the average selling price materially different than your overall? And then I have like a related GM question for this business. John North -- Chief Financial Officer Yeah. I think we called it out specifically in the U.S., Chris, because that's been a significant driver of the purchased vehicle volume in the U.S. market. And certainly, it's -- we've seen just overall vehicle inflation, which has driven the number higher as well, as I'm sure you can appreciate. So whatever business we had a year ago is certainly up dramatically when you just think about the change in the Manheim Index year over year. So those are the two big factors there. In terms of the specific vehicle, I mean, go check out the website, it's cashforcars.com. Historically, we used to call it Copart Direct internally, but we have been branding it as cash for cars, and we put pretty dramatic resources into that business over the last couple of years and have seen pretty significant growth. So the average car is obviously significantly lower than our overall ASP. Think of these as the cars that would be a direct-to-wholesale piece. If you look into a CarMax or a Carvana, never a car that they're going to retail is to the tune of $1,500 or $1,000 or something like that. Jeffrey Liaw -- President and Chief Executive Officer, North America And then the growth otherwise in non-insurance also was driven by some of those other non-salvaged sources that we mentioned in the opening comments including from rental car fleets corporate fleets, financial institutions and the like, so both. Chris Bottiglieri -- Exane BNP Paribas -- Analyst Got you. So then just a related question, as the gross margins have been, I guess, under pressure for like six, seven quarters now, can you kind of speak what's causing that? Like what has the gross profit per purchased vehicle done over that same period? And one of it's may be more stable in that metric. Can you just give us a sense for kind of how to think about the gross margins, the gross profit per vehicle one the purchased side? Jeffrey Liaw -- President and Chief Executive Officer, North America Yes, I think there's a little bit of splitting, the difference. So gross margin, when you say that, I think, mathematically, you literally mean the percentage, right? And so that phenomenon is, as you know, in part a shift to purchased vehicles. And in practice, these are not -- we manage the duration of these assets very aggressively. We don't want to own purchased cars speculatively or purchased by speculatively. We want to buy them when it makes sense to and when necessary, and we want to sell them very quickly. So they're not long-duration assets, and therefore, we manage them to absolute dollar profit. And just by its nature, you will make a higher percentage return on a $1,000 car than you will at $5,000 car. You'll make more on a $5,000 car in absolute dollars but far less on a percentage basis. So as we've seen an increase in purchased car mix, that drives gross car margin rate down. As we've seen an increase in the value of the average purchased car, you'll also observe a decline in the percentage rate as a result as well. Chris Bottiglieri -- Exane BNP Paribas -- Analyst Got you. Thank you. Jeffrey Liaw -- President and Chief Executive Officer, North America Thanks, Chris. Operator Thank you. [Operator instructions] And our next question comes from Bret Jordan with Jefferies. Please proceed. Bret Jordan -- Jefferies -- Analyst Hey. Good morning, guys. On the non-insurance business, I mean, you called out cash for cars and fleet. You didn't mention dealer at all. Is that something that is really no longer a focus or maybe give us an update on how the lower-value dealer volumes look? Jeffrey Liaw -- President and Chief Executive Officer, North America Yeah, dealer volume is incredibly important to us and has been for years. In this environment, as you're well aware about the dealers, in particular, used car dealers are struggling for volume themselves. That remains a meaningful and profitable business for us and a huge long-term priority for us as well. We didn't call it out. Specifically, in this quarter, it was not a meaningful driver of growth for us for the quarter year over year. Bret Jordan -- Jefferies -- Analyst OK. And then I guess as you've shifted to some of these higher-value cars, purchased vehicles outside of the insurance space, could you update us maybe what percentage of your unit volume is run and drive? As we think about this as a cheap source of transportation globally, maybe how big a piece of your business is that? Jeffrey Liaw -- President and Chief Executive Officer, North America So run and drive is kind of a specific technical term. But if -- to the -- I made the comment actually in the ESG section. If you wanted to guess how many of our cars are ultimately driven as cars again as opposed to harvested for parts, metals and the like, we think it's approximately half. Between 40% and 50% of the cars ultimately are used as cars, either in the U.S. or in the native market from which it originates or elsewhere in a developing economy where the cars, wrecked cars, are incredibly desirable, drivable cars to them. Bret Jordan -- Jefferies -- Analyst OK, great. And one last question. I think you called out Germany doing well now. Could you talk about the cadence of that business? Is there anything -- I guess talk about the economy in the U.S., but obviously, a lot of instability. And in Eastern Europe, if you talk about the sort of the trajectory there in the last couple of quarters, is it improving? Any color would be helpful. Jeffrey Liaw -- President and Chief Executive Officer, North America The unit volume trends in Germany are very encouraging. I think I mentioned on the last call, we are selling cars on a consignment basis for the majority of the top 10 carriers in Germany, none yet with the nationwide all-in deal, but certainly doing so at volume for a good number of insurance carriers today. They are, as you noted, affected more so even in the U.S. by the instability, regional instability, let's call it, as a good number of their buyers come from countries affected by the recent conflict. So they will feel that to some extent. But nevertheless, earning good consignment volume on behalf of insurance carriers are making good forward progress there. Bret Jordan -- Jefferies -- Analyst Great. Thank you. Jeffrey Liaw -- President and Chief Executive Officer, North America Thanks, Bret. Operator Our next question comes from Ryan Brinkman with J.P. Morgan. Please proceed. Ryan Brinkman -- J.P. Morgan -- Analyst Hi. I appreciate the comments on ADESA. Thank you. And agree there's a clear market share opportunity for you in the physical or on-premise whole car auctions market, including as ADESA's physical auctions business is sold to Carvana, which dealers regard as of their competitor. Beyond ADESA losing market share, though, another potential outcome of that transaction is, I think, an acceleration toward the app-based, online only, dealer-to-dealer business or even the online off-premise commercial consignor business. I believe that you don't participate in these parts of the whole car market today because you take possession of all the vehicles you sell, I think. So I just wanted to check in on that with you if you have any updated thoughts on the online only portion of the whole car market as you increasingly expand into whole cars. Would it be relatively difficult or easy do you think for you to transition your whole car offering to online only, which I think there's been some speculation could over time have attractively high margins and returns when at scale? Jeffrey Liaw -- President and Chief Executive Officer, North America Yes. It's a fair question and many nested questions therein. As for whether that economic model is ultimately compelling, I think time will tell. And there, as you know, are a number of participants in that space, some publicly traded and others not. We do follow that business model carefully. We do experiment with offerings like that and, in fact, have done so in our own business. We do continue to believe that liquidity is paramount. And so bringing the buyers and sellers together in an auction, online, yes, but bringing them together in an online auction in which we achieve price discovery and maximum returns for our sellers is ultimately the way we deliver value to them. Now whether that will someday be achieved virtually versus in our physical facilities, I think, remains to be seen. But I don't think that's a structurally challenging pivot for us per se. But today, the strong majority of our cars, as you noted, are still -- we are still physically touching them. Ryan Brinkman -- J.P. Morgan -- Analyst OK, that's helpful. Thanks. And then I think that there's obviously a number of macro factors helping you, including the rebound of miles driven, some of the increase in commodity prices since the conflict in Ukraine. But also isn't a lower dollar generally better for Copart given a greater translation of EBITDA and pounds back into dollars and because of the greater purchasing power of overseas customers in dollar terms? So the dollar has been arguably surprisingly stronger. And so I'm just curious if you could maybe dimension that stronger dollar headwind. If you see that, how large or forceful is that relative to some of these other macro tailwinds? And have you seen any impact yet on overseas demand from a stronger dollar? Jeffrey Liaw -- President and Chief Executive Officer, North America Yes. In short, we have. I think the, let's say, not even the pound certainly, but also just the basket of international currencies period have certainly weakened relative to the dollar. And for the reasons you noted, we \""prefer\"" a weaker dollar for our business both for the translation of earnings that we generate in other countries as well as for international participants at our U.S. auctions. That has had an effect. It's no doubt been a headwind in the business. I think the good news in our business today is that the auction liquidity is robust enough that there are always a very healthy number of countries looking at and bidding on vehicles, certainly many buyers in the U.S., across the U.S. and Canada, Mexico and Central and South America and the like that are bidding. So there's enough cumulative liquidity to mitigate those effects to some extent. But yes, if we woke up with a dollar at 2019 levels, we would see auction returns, all else equal, be meaningfully higher. Ryan Brinkman -- J.P. Morgan -- Analyst OK, thanks. And then just lastly, could you -- did you say or could you say what percentage of your buyers have historically been in Russia or Ukraine or what percent of your U.S. volume those countries might represent? Jeffrey Liaw -- President and Chief Executive Officer, North America We haven't disclosed that, but it's -- they are meaningful in the sense that there were years in which many high-value cars would be sold, for example, to Ukraine and to Russia. It is. It matters, but it's not a large percentage overall. Ryan Brinkman -- J.P. Morgan -- Analyst OK, great. Thank you very much. Jeffrey Liaw -- President and Chief Executive Officer, North America Thanks, Ryan. Operator Thank you. This concludes our question-and-answer session. I would like to turn the call back to Jeff Liaw for any closing remarks. Jeffrey Liaw -- President and Chief Executive Officer, North America Great. Thank you, everybody. We'll talk to you again after the fourth quarter in September. Operator [Operator signoff] Duration: 39 minutes Call participants: John North -- Chief Financial Officer Jeffrey Liaw -- President and Chief Executive Officer, North America Pete Lukas -- CJS Securities -- Analyst Dan Imbro -- Stephens, Inc. -- Analyst Craig Kennison -- Robert W. Baird and Company -- Analyst John Healy -- Northcoast Research -- Analyst Chris Bottiglieri -- Exane BNP Paribas -- Analyst Bret Jordan -- Jefferies -- Analyst Ryan Brinkman -- J.P. Morgan -- Analyst More CPRT analysis All earnings call transcripts This article is a transcript of this conference call produced for The Motley Fool. While we strive for our Foolish Best, there may be errors, omissions, or inaccuracies in this transcript. As with all our articles, The Motley Fool does not assume any responsibility for your use of this content, and we strongly encourage you to do your own research, including listening to the call yourself and reading the company's SEC filings. Please see our Terms and Conditions for additional details, including our Obligatory Capitalized Disclaimers of Liability. The Motley Fool recommends Copart. The Motley Fool has a disclosure policy. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Copart (CPRT) Q3 Earnings Beat Estimates, Revenues Up Y/Y Copart, Inc. CPRT reported third-quarter fiscal 2022 (ended Apr 30, 2022) adjusted earnings per share of $1.17, topping the Zacks Consensus Estimate of $1.15. The outperformance was due to higher-than-anticipated revenues from the service and vehicle segments. The bottom line also rose 7.3% year over year from $1.09 reported in the prior-year quarter. The online auto auction leader generated revenues of $939.9 million, beating the Zacks Consensus Estimate of $860.4 million. The top line also increased 28.1% from the year-ago reported figure of $786.9 million. Copart, Inc. Price, Consensus and EPS Surprise Copart, Inc. price-consensus-eps-surprise-chart | Copart, Inc. Quote Segmental Performance Fiscal third-quarter service revenues came in at $766.3 million, up from $623.8 million recorded in the year-earlier period. Service revenues accounted for 81.5% of the total revenues. The figure crossed the consensus mark of $724 million. Vehicle sales totaled $173.6 million in the quarter, up from the prior-year level of $110.1 million. The figure exceeded the consensus mark of $157 million. Financial Position Gross profit was up 14.4% year over year to $436.3 million. Total operating expenses flared up 39.8% to $567.2 million. General and administrative expenses jumped 28.1% from the prior-year quarter to $50.2 million. Nonetheless, operating income increased to $372.7 million from $328.1 million. However, net income fell to $278.6 million from $286.8 million. Copart had cash and cash equivalents of $1,454.8 million as of Apr 30, 2022, compared with $1,048.3 million as of Jul 31, 2021. Long-term debt was $402.7 million at the end of the reported quarter, increasing from $397.6 million as of Jul 31, 2022. Zacks Rank & Other Key Picks CPRT currently carries a Zacks Rank #2 (Buy). Other top-ranked players in the auto space include BRP Group, Inc. DOOO, sporting a Zacks Rank #1 (Strong Buy) and Dorman Products DORM and Standard Motor Products SMP, each carrying a Zacks Rank #2, currently. You can see the complete list of today\u2019s Zacks #1 Rank stocks here. BRP Group has an expected earnings growth rate of 9.2% for fiscal 2023. The Zacks Consensus Estimate for current-year earnings has been revised around 7.2% upward in the past 60 days. BRP Group\u2019s earnings beat the Zacks Consensus Estimate in all of the trailing four quarters. DOOO pulled off a trailing four-quarter earnings surprise of 68%, on average. The stock has declined 10.8% over the past year. Dorman Products has an expected earnings growth rate of 18.8% for the current year. The Zacks Consensus Estimate for current-year earnings has been marginally revised 0.7% upwards in the past 60 days. Dorman Products\u2019 earnings beat the Zacks Consensus Estimate in three of the trailing four quarters and missed in one. DORM pulled off a trailing four-quarter earnings surprise of 3.1%, on average. The stock has lost 1.5% over the past year. Standard Motor has an expected earnings growth rate of 1.4% for the current year. The Zacks Consensus Estimate for current-year earnings has been revised around 2% upward in the past 60 days. Standard Motor\u2019s earnings beat the Zacks Consensus Estimate in all of the trailing four quarters. SMP pulled off a trailing four-quarter earnings surprise of 40.34%, on average. The stock has lost 11.8% over the past year. 7 Best Stocks for the Next 30 Days Just released: Experts distill 7 elite stocks from the current list of 220 Zacks Rank #1 Strong Buys. They deem these tickers \""Most Likely for Early Price Pops.\"" Since 1988, the full list has beaten the market more than 2X over with an average gain of +25.4% per year. So be sure to give these hand-picked 7 your immediate attention. See them now >> Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Standard Motor Products, Inc. (SMP): Free Stock Analysis Report Copart, Inc. (CPRT): Free Stock Analysis Report Dorman Products, Inc. (DORM): Free Stock Analysis Report BRP Inc. (DOOO): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Copart Q3 22 Earnings Conference Call At 11:00 AM ET (RTTNews) - Copart, Inc. (CPRT) will host a conference call at 11:00 AM ET on May 19, 2022, to discuss Q3 22 earnings results. Sponsored Links Help Pay Down Balances Instead Of Interest Credit Karma Learn More To access the live webcast, log on to https://www.copart.com/investorrelation/?intcmp=web_footer_investerrelations_en The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Wall Street Melts on Panic Selling: Buy 5 Bigwigs On the Dip Wall Street witnessed a sharp fall on May 18 as some retail giant delivered disappointing earnings results due to skyrocketing inflation. Moreover, Fed Chairman Jerome Powell\u2019s assertion of aggressively hiking interest rate to restrict price rises resulted in panic selling. Nevertheless, U.S. stock markets have corrected to a great extent year to date. The fundamentals of the U.S. economy remain solid despite the fact that inflation is at a 40-year high. Expected rate hikes by the Fed this year seems already factored in the market\u2019s valuation. At his stage, the strategy on \u201cbuy on the dip\u201d should be an appropriate one. A long list of stocks is currently available at an attractive valuation. However, we have selected five U.S. corporate bigwigs with a favorable Zacks Rank. These stocks are \u2014 Nucor Corp. NUE, Cadence Design Systems Inc. CDNS, GLOBALFOUNDRIES Inc. GFS, Southwest Airlines Co. LUV and Copart Inc. CPRT. Panic Selling Halts Wall Street\u2019s Relief Rally On May 18, U.S. stocks markets saw a rout as market participants\u2019 sentiment was significantly dented by inflation fears. The two retail super giants, namely, Walmart and Target, largely missed on earnings due to huge inflationary pressures on logistics and wages. Moreover, on May 17, the Fed Chair told The Wall Street Journal that the central bank will not hesitate to keep raising the Fed fund rate until inflation comes down to a healthy level. The Fed\u2019s target inflation rate is 2%. The Fed has already hiked the benchmark lending rate by 75 basis points and has given a clear indication of two more rate hikes of 50 basis points each in June and July. The central bank terminated the $120 billion monthly quantitative easing program in March and will start shrinking its $9 trillion balance sheet from June. The global supply-chain system is a mess. China is yet to recover from the COVID-19 lockdown. The prolonged war between Russia and Ukraine has elevated prices of crude oil and natural gas. Together Ukraine and Russia were the largest wheat exporters globally. Food inflation has jumped after several Asian and African countries decided to ban exports of agricultural and poultry products. Several retail supermarkets said that they have found a new trend in which Americans are compelled to spend more on gasoline and food items curtailing their expenditures on discretionary products. Consequently, the fear of a near-term recession has unnerved investors. Wall Street saw a relief rally from May 13 to 17. However, on May 18, the Dow tumbled 3.6%, marking its biggest decline since June 2020 and the lowest close since March 2021. The S&P 500 slid 4.%, reflecting its worst drop since June 2020. The Nasdaq Composite plunged 4.7%, marking its biggest fall since May 5. Year to date, the Dow, the S&P 500 and the Nasdaq Composite have plummeted 13.3%, 17.7% and 27%, respectively. Solid Fundamentals of the U.S. Economy In 2022, the biggest drivers of the U.S. stock markets should be the nation\u2019s strong economic fundamentals. The labor market has returned to the pre-pandemic level. Aggregate demand remained strong despite skyrocketing inflation. The retail sales and industrial production data for April released on May 17 confirmed that both consumer spending and business investment remained solid amid difficulties. The ISM manufacturing and services indexes remained elevated despite some decline in April. Moreover, the U.S. economy will get more upside from the government\u2019s infrastructure spending. On Nov 15, President Joe Biden signed a bipartisan infrastructure bill of $550 billion in addition to the previously approved funds of $450 billion for five years. Total spending may go up to $1.2 trillion if the plan is extended to eight years. Our Top Picks We have narrowed our search to five U.S. corporate bigwigs currently trading at a deep discount to their 52-week highs. These stocks have strong potential for 2022 and have seen positive earnings estimate revisions in the last 30 days. Each of our picks carries either a Zacks Rank #1 (Strong Buy) or 2 (Buy). You can see the complete list of today\u2019s Zacks #1 Rank stocks here. The chart below shows the price performance of our five picks year to date. Image Source: Zacks Investment Research Nucor is committed to expanding its production capabilities and growing its business through strategic acquisitions. NUE has already commissioned some of its growth projects. These should drive growth and strengthen Nucor\u2019s position as a low-cost producer. NUE is also seeing strong momentum in the non-residential construction market and strong demand in the heavy equipment market. NUE remains focused on achieving greater penetration of the automotive market because of the segment\u2019s long-term growth opportunities. Higher steel prices due to tight supply and higher end-market demand should also drive Nucor\u2019s margins. Zacks Rank #1 NUE has an expected earnings growth rate of 13.2% for the current-year. The Zacks Consensus Estimate for current-year earnings improved 23.3% over the last 7 days. Nucor is currently trading at a 36.6% discount from its 52-week high. Cadence Design Systems offers products and tools that help customers design electronic products. Through the System Design Enablement strategy, CDNS offers software, hardware, services and reusable IC design blocks to electronic systems and semiconductor customers. Cadence\u2019s performance is being driven by strength across segments like digital & signoff solutions and functional verification suite. CDNS is also gaining from higher investments in emerging trends like IoT and autonomous vehicle sub-systems along with strength in the semiconductor end-market. Frequent product launches are expected to help CDNS sustain top-line growth. Zacks Rank #1 Cadence Design Systems has an expected earnings growth rate of 18.2% for the current year. The Zacks Consensus Estimate for current-year earnings improved 4.3% over the last 30 days. CDNS is currently trading at a 29.3% discount from its 52-week high. Southwest Airlines is a passenger airline that provides scheduled air transportation in the United States and 'ten near-international' markets. Continued recovery in air-travel demand bodes well for LUV. Anticipating continued improvement in bookings, Southwest Airlines expects to reap profits in the remaining three quarters of 2022 as well as for the full year. Fleet- modernization efforts of LUV are encouraging as well. Southwest Airlines' liquidity position also raises optimism in the stock. Zacks Rank #1 LUV has an expected earnings growth rate of more than 100% for the current-year. The Zacks Consensus Estimate for current-year earnings improved 29.1% over the last 30 days. Southwest Airlines is currently trading at a 29.1% discount from its 52-week high. GLOBALFOUNDRIES operates as a semiconductor foundry worldwide. GFS manufactures integrated circuits, which enable various electronic devices that are pervasive. The company delivers feature-rich solutions which enable its customers to develop innovative products for pervasive chips. GLOBALFOUNDRIES manufactures a range of semiconductors, including microprocessors, mobile application processors, baseband processors, network processors, radio frequency modems, microcontrollers, power management units, and microelectromechanical systems. The Zacks Rank #2 GLOBALFOUNDRIES has an expected earnings growth rate of more than 100% for the current year. The Zacks Consensus Estimate for its current-year earnings has improved 4.6% over the last 7 days. GFS is currently trading at a 32.5% discount from its 52-week high. Copart provides online auction and a wide range of remarketing services to process and sell salvage and clean title vehicles. High activity levels in the United States are boosting CPRT\u2019s prospects. A rise in claims frequency aided by increased driving activity has fueled the volume growth of Copart. Robust demand for vehicle remarketing services and higher average selling prices from the international online bidders are driving Copart\u2019s revenues. CPRT\u2019s strong balance sheet and strategic acquisitions are the other positives. The Zacks Rank #2 Copart has an expected earnings growth rate of 18.7% for the current year (ending July 2022). The Zacks Consensus Estimate for its current-year earnings has improved 0.2% over the last 30 days. CPRT is currently trading at a 33.9% discount from its 52-week high. 7 Best Stocks for the Next 30 Days Just released: Experts distill 7 elite stocks from the current list of 220 Zacks Rank #1 Strong Buys. They deem these tickers \""Most Likely for Early Price Pops.\"" Since 1988, the full list has beaten the market more than 2X over with an average gain of +25.4% per year. So be sure to give these hand-picked 7 your immediate attention. See them now >> Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Southwest Airlines Co. (LUV): Free Stock Analysis Report Nucor Corporation (NUE): Free Stock Analysis Report Copart, Inc. (CPRT): Free Stock Analysis Report Cadence Design Systems, Inc. (CDNS): Free Stock Analysis Report GlobalFoundries Inc. (GFS): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.""]"
CPRT,2022-05-20,28.25,28.265,27.2525,28.0275,
CPRT,2022-05-23,28.2875,28.61,27.5075,27.6225,"Auto Roundup: LEA's Twin Buyouts, GPI's Investor-Friendly Moves and More Last week, the European Automobile Manufacturers Association (“ACEA”) released data for passenger car registrations for April 2022. The European Union (EU) passenger vehicle market contracted 20.6% in April to 684,506 units amid chip woes aggravated by the Russia-Ukraine war. Most of the countries in the EU witnessed a double-digit drop in registrations, including four key markets. Registrations in Italy, Germany, Spain and France witnessed a yearly decline of 33%, 21.5%, 12.1% and 22.6%, respectively. During the first four months of 2022, new car registrations contracted 14.4% from the prior-year period to 2,930,366 units. All four major EU markets saw declines, with Italy suffering the steepest fall of 26.5%. Registrations in France, Spain and Germany declined 18.6%, 11.8% and 9%, respectively, over the same timeframe. On the news front, Lear Corporation LEA announced the acquisition of Thagora to boost productivity. It also inked a deal to buy IGB to bolster thermal comfort offerings. Another auto equipment provider, Meritor, Inc.MTOR entered into a pact with Siemens to acquire its Commercial Vehicles business. Meanwhile, auto retailer Group 1 Automotive GPI cheered investors with a dividend hike and buyback boost. The online auto auction leader Copart, Inc. CPRT unveiled its third-quarter fiscal 2022 results. Auto giant, Ford F also made it to the top stories as it issued triple recalls for different reasons. Last Week’s Key News 1. Lear acquired Thagora Technology SRL, a privately held company specializing in material utilization hardware and software technologies. Thagora's Industry 4.0 technology will boost manufacturing operations through engineering and logistics, including improved material traceability and facility footprint utilization. Lear noted that the acquisition will offer it access to scalable, smart-manufacturing tools, which can be leveraged to drive innovation and quality. Lear also announced that it inked a €140 million deal to acquire I.G. Bauerhin (“IGB”), a private supplier of automotive seat heating, ventilation, active cooling, steering wheel heating, seat sensors and electronic control modules. The transaction, subject to customary closing conditions, is expected to be closed in the next six to nine months. The deal promises to expand its product capabilities into active cooling and complement its existing offerings. 2. Group 1 increased its first-quarter 2022 dividend to 37 cents per share, marking a 2.8% hike from the fourth quarter of 2022. Driven by the strong cash flow and healthy balance sheet, the company decided to hike the quarterly dividend. The dividend is payable on Jun 15, 2022, to shareholders of record on Jun 1, 2022. Group 1 also boosted its share repurchase authorization to $250 million. From Jan 1 through May 18, Penske repurchased 796,060 shares worth $143.1 million, representing 4.6% of Group 1's outstanding share count as of Jan 1, 2022. Group 1 currently carries a Zacks Rank #2 (Buy). You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here. 3. Copart reported third-quarter fiscal 2022 (ended Apr 30, 2022) adjusted earnings per share of $1.17, topping the Zacks Consensus Estimate of $1.15. The outperformance was due to higher-than-anticipated revenues from the service and vehicle segments. The bottom line also rose 7.3% year over year from $1.09 reported in the prior-year quarter. The company generated revenues of $939.9 million, beating the Zacks Consensus Estimate of $860.4 million. The top line also increased 28.1% from the year-ago reported figure of $786.9 million. Copart had cash and cash equivalents of $1,454.8 million as of Apr 30, 2022, compared with $1,048.3 million as of Jul 31, 2021. Long-term debt was $402.7 million at the end of the reported quarter, increasing from $397.6 million as of Jul 31, 2022. 4. Ford issued triple recalls covering 350,000 vehicles on separate issues.The first recall includes 39,000 vehicles that face the risk of engine fires, and owners have been instructed to park the vehicles outdoors. The company stated that the fires can happen even while the engines are shut down. Ford also is recalling about 310,000 heavy-duty trucks because the driver’s airbag may not inflate in a crash.The second recall covers certain 2016 F-250, 350, 450 and 550 trucks that face the risk of dust accumulating into the airbag wiring in the steering wheel that eventually disconnects the electricity. The third recall impacting 464 electric Mustang Mach-E SUVs from 2021 concerns a software issue that can cause unwanted acceleration, deceleration or a loss of drive power in all-wheel-drive vehicles. 5. Meritor announced that it has entered into an agreement with Siemens to take over its Commercial Vehicles business for nearly €190 million in an all-cash deal. The transaction is expected to close by the calendar year-end, subject to regulatory approvals. The buyout will enhance Meritor’s offerings of superior electric solutions to the global commercial vehicle market by leveraging Siemens Commercial Vehicles business’ capabilities and technology. The rising demand for zero-carbon solutions calls for an opportunity to strengthen Meritor's electric solutions business. Siemens’ offerings include direct-drive and transmission-based remote mount electric motors, inverters, software and related services, which will enable Meritor to offer a wider range of electrified product solutions across the commercial vehicle, transit, off-highway and specialty markets. These will also bolster its electronic portfolio. Price Performance The following table shows the price movement of some of the major auto players over the last week and six-month period. Image Source: Zacks Investment Research What’s Next in the Auto Space? Industry watchers will keep a tab on April 2022 commercial vehicle registrations to be released by the ACEA soon. Meanwhile, stay tuned for any update on how automakers will tackle the semiconductor shortage — compounded by the Russia-Ukraine war and COVID-19 restrictions in China — and make changes in business operations. 5 Stocks Set to Double Each was handpicked by a Zacks expert as the #1 favorite stock to gain +100% or more in 2021. Previous recommendations have soared +143.0%, +175.9%, +498.3% and +673.0%. Most of the stocks in this report are flying under Wall Street radar, which provides a great opportunity to get in on the ground floor. Today, See These 5 Potential Home Runs >> Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Ford Motor Company (F): Free Stock Analysis Report Lear Corporation (LEA): Free Stock Analysis Report Meritor, Inc. (MTOR): Free Stock Analysis Report Group 1 Automotive, Inc. (GPI): Free Stock Analysis Report Copart, Inc. (CPRT): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
CPRT,2022-05-24,27.41,27.4375,26.525,27.0375,
CPRT,2022-05-25,27.0125,27.95,26.8925,27.8225,
CPRT,2022-05-26,27.9925,28.84,27.9925,28.6025,
CPRT,2022-05-27,28.8975,29.3125,28.8975,29.1725,
CPRT,2022-05-31,29.0125,29.0125,28.22,28.6325,"December 2023 Options Now Available For Copart (CPRT) Investors in Copart Inc (Symbol: CPRT) saw new options begin trading today, for the December 2023 expiration. One of the key inputs that goes into the price an option buyer is willing to pay, is the time value, so with 563 days until expiration the newly trading contracts represent a possible opportunity for sellers of puts or calls to achieve a higher premium than would be available for the contracts with a closer expiration. At Stock Options Channel, our YieldBoost formula has looked up and down the CPRT options chain for the new December 2023 contracts and identified one put and one call contract of particular interest. The put contract at the $110.00 strike price has a current bid of $13.60. If an investor was to sell-to-open that put contract, they are committing to purchase the stock at $110.00, but will also collect the premium, putting the cost basis of the shares at $96.40 (before broker commissions). To an investor already interested in purchasing shares of CPRT, that could represent an attractive alternative to paying $114.33/share today. Because the $110.00 strike represents an approximate 4% discount to the current trading price of the stock (in other words it is out-of-the-money by that percentage), there is also the possibility that the put contract would expire worthless. The current analytical data (including greeks and implied greeks) suggest the current odds of that happening are 64%. Stock Options Channel will track those odds over time to see how they change, publishing a chart of those numbers on our website under the contract detail page for this contract. Should the contract expire worthless, the premium would represent a 12.36% return on the cash commitment, or 8.01% annualized — at Stock Options Channel we call this the YieldBoost. Below is a chart showing the trailing twelve month trading history for Copart Inc, and highlighting in green where the $110.00 strike is located relative to that history: Turning to the calls side of the option chain, the call contract at the $120.00 strike price has a current bid of $17.90. If an investor was to purchase shares of CPRT stock at the current price level of $114.33/share, and then sell-to-open that call contract as a ""covered call,"" they are committing to sell the stock at $120.00. Considering the call seller will also collect the premium, that would drive a total return (excluding dividends, if any) of 20.62% if the stock gets called away at the December 2023 expiration (before broker commissions). Of course, a lot of upside could potentially be left on the table if CPRT shares really soar, which is why looking at the trailing twelve month trading history for Copart Inc, as well as studying the business fundamentals becomes important. Below is a chart showing CPRT's trailing twelve month trading history, with the $120.00 strike highlighted in red: Considering the fact that the $120.00 strike represents an approximate 5% premium to the current trading price of the stock (in other words it is out-of-the-money by that percentage), there is also the possibility that the covered call contract would expire worthless, in which case the investor would keep both their shares of stock and the premium collected. The current analytical data (including greeks and implied greeks) suggest the current odds of that happening are 43%. On our website under the contract detail page for this contract, Stock Options Channel will track those odds over time to see how they change and publish a chart of those numbers (the trading history of the option contract will also be charted). Should the covered call contract expire worthless, the premium would represent a 15.66% boost of extra return to the investor, or 10.15% annualized, which we refer to as the YieldBoost. The implied volatility in the put contract example is 40%, while the implied volatility in the call contract example is 38%. Meanwhile, we calculate the actual trailing twelve month volatility (considering the last 252 trading day closing values as well as today's price of $114.33) to be 30%. For more put and call options contract ideas worth looking at, visit StockOptionsChannel.com. Top YieldBoost Calls of the Nasdaq 100 » The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
CPRT,2022-06-01,28.78,28.84,28.0262,28.2275,
CPRT,2022-06-02,28.4675,29.2825,28.35,29.17,
CPRT,2022-06-03,28.935,28.9375,28.475,28.815,
CPRT,2022-06-06,29.16,29.3425,28.69,28.7325,
CPRT,2022-06-07,28.4625,29.1925,28.38,29.125,
CPRT,2022-06-08,28.96,29.0912,28.6225,28.68,
CPRT,2022-06-09,28.6225,28.9125,28.0975,28.0975,
CPRT,2022-06-10,27.5975,27.6125,26.9425,27.075,
CPRT,2022-06-13,26.4675,26.71,26.0675,26.2175,
CPRT,2022-06-14,26.3725,26.5075,25.885,25.8975,
CPRT,2022-06-15,26.4975,27.0125,26.045,26.6125,
CPRT,2022-06-16,26.0175,26.37,25.5525,25.695,
CPRT,2022-06-17,25.745,26.6504,25.66,26.2375,"Copart, Inc. (CPRT) Down 7.3% Since Last Earnings Report: Can It Rebound? A month has gone by since the last earnings report for Copart, Inc. (CPRT). Shares have lost about 7.3% in that time frame, underperforming the S&P 500. Will the recent negative trend continue leading up to its next earnings release, or is Copart, Inc. due for a breakout? Before we dive into how investors and analysts have reacted as of late, let's take a quick look at the most recent earnings report in order to get a better handle on the important drivers. Copart Q3 Earnings Beat Estimates, Revenues Up Y/Y Copart reported third-quarter fiscal 2022 (ended Apr 30, 2022) adjusted earnings per share of $1.17, topping the Zacks Consensus Estimate of $1.15. The outperformance was due to higher-than-anticipated revenues from the service and vehicle segments. The bottom line also rose 7.3% year over year from $1.09 reported in the prior-year quarter. The online auto auction leader generated revenues of $939.9 million, beating the Zacks Consensus Estimate of $860.4 million. The top line also increased 28.1% from the year-ago reported figure of $786.9 million. Segmental Performance Fiscal third-quarter service revenues came in at $766.3 million, up from $623.8 million recorded in the year-earlier period. Service revenues accounted for 81.5% of the total revenues. The figure crossed the consensus mark of $724 million. Vehicle sales totaled $173.6 million in the quarter, up from the prior-year level of $110.1 million. The figure exceeded the consensus mark of $157 million. Financial Position Gross profit was up 14.4% year over year to $436.3 million. Total operating expenses flared up 39.8% to $567.2 million. General and administrative expenses jumped 28.1% from the prior-year quarter to $50.2 million. Nonetheless, operating income increased to $372.7 million from $328.1 million. However, net income fell to $278.6 million from $286.8 million. Copart had cash and cash equivalents of $1,454.8 million as of Apr 30, 2022, compared with $1,048.3 million as of Jul 31, 2021. Long-term debt was $402.7 million at the end of the reported quarter, increasing from $397.6 million as of Jul 31, 2022. How Have Estimates Been Moving Since Then? It turns out, fresh estimates have trended upward during the past month. VGM Scores Currently, Copart, Inc. has a nice Growth Score of B, a grade with the same score on the momentum front. However, the stock was allocated a grade of D on the value side, putting it in the bottom 40% for this investment strategy. Overall, the stock has an aggregate VGM Score of B. If you aren't focused on one strategy, this score is the one you should be interested in. Outlook Estimates have been broadly trending upward for the stock, and the magnitude of these revisions looks promising. Notably, Copart, Inc. has a Zacks Rank #3 (Hold). We expect an in-line return from the stock in the next few months. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Copart, Inc. (CPRT): Free Stock Analysis Report To read this article on Zacks.com click here. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
CPRT,2022-06-21,26.535,26.9025,26.3925,26.49,
CPRT,2022-06-22,26.2325,26.965,26.1225,26.6125,
CPRT,2022-06-23,26.8675,27.6425,26.6825,27.54,
CPRT,2022-06-24,27.88,28.24,27.7318,28.22,
CPRT,2022-06-27,28.155,28.3562,27.845,28.0625,
CPRT,2022-06-28,28.1175,28.345,27.1625,27.2125,
CPRT,2022-06-29,27.3725,27.41,26.945,27.27,
CPRT,2022-06-30,26.995,27.445,26.5362,27.165,
CPRT,2022-07-01,27.1425,27.642,27.075,27.5425,
CPRT,2022-07-05,27.29,28.1625,27.095,28.07,
CPRT,2022-07-06,28.225,28.3725,27.85,28.1975,
CPRT,2022-07-07,28.22,28.835,28.22,28.78,
CPRT,2022-07-08,28.5725,28.7575,28.2875,28.6225,
CPRT,2022-07-11,28.3725,28.4362,28.0825,28.19,
CPRT,2022-07-12,28.3075,28.715,27.8425,27.965,
CPRT,2022-07-13,27.4375,28.0075,27.25,27.8125,
CPRT,2022-07-14,27.6125,28.32,27.3975,28.265,
CPRT,2022-07-15,28.4425,29.1275,28.4425,28.9975,
CPRT,2022-07-18,29.0175,29.5862,28.9825,29.075,
CPRT,2022-07-19,29.5025,30.3975,29.365,30.3525,"Surprising Analyst 12-Month Target For NZUS Looking at the underlying holdings of the ETFs in our coverage universe at ETF Channel, we have compared the trading price of each holding against the average analyst 12-month forward target price, and computed the weighted average implied analyst target price for the ETF itself. For the United States Fund Finder & ETF Screener ETF (Symbol: NZUS), we found that the implied analyst target price for the ETF based upon its underlying holdings is $28.94 per unit. With NZUS trading at a recent price near $21.74 per unit, that means that analysts see 33.11% upside for this ETF looking through to the average analyst targets of the underlying holdings. Three of NZUS's underlying holdings with notable upside to their analyst target prices are Copart Inc (Symbol: CPRT), Allegion plc (Symbol: ALLE), and Pinterest Inc (Symbol: PINS). Although CPRT has traded at a recent price of $116.30/share, the average analyst target is 34.42% higher at $156.33/share. Similarly, ALLE has 33.69% upside from the recent share price of $95.65 if the average analyst target price of $127.88/share is reached, and analysts on average are expecting PINS to reach a target price of $27.06/share, which is 33.62% above the recent price of $20.25. Below is a twelve month price history chart comparing the stock performance of CPRT, ALLE, and PINS: Below is a summary table of the current analyst target prices discussed above: NAME SYMBOL RECENT PRICE AVG. ANALYST 12-MO. TARGET % UPSIDE TO TARGET United States Fund Finder & ETF Screener ETF NZUS $21.74 $28.94 33.11% Copart Inc CPRT $116.30 $156.33 34.42% Allegion plc ALLE $95.65 $127.88 33.69% Pinterest Inc PINS $20.25 $27.06 33.62% Are analysts justified in these targets, or overly optimistic about where these stocks will be trading 12 months from now? Do the analysts have a valid justification for their targets, or are they behind the curve on recent company and industry developments? A high price target relative to a stock's trading price can reflect optimism about the future, but can also be a precursor to target price downgrades if the targets were a relic of the past. These are questions that require further investor research. 10 ETFs With Most Upside To Analyst Targets » The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
CPRT,2022-07-20,30.435,30.725,30.215,30.5575,
CPRT,2022-07-21,30.6475,30.96,30.4325,30.93,
CPRT,2022-07-22,30.9375,31.26,30.305,30.4925,
CPRT,2022-07-25,30.5425,30.5425,29.9575,30.2125,
CPRT,2022-07-26,30.0275,30.0875,29.7075,29.9125,
CPRT,2022-07-27,30.11,30.81,30.08,30.7075,
CPRT,2022-07-28,30.8525,31.4925,30.7075,31.4425,"3 Blue-Chip Stocks to Buy for a Bear Market InvestorPlace - Stock Market News, Stock Advice & Trading Tips The first thing investors should do when looking for blue-chip stocks to buy for a bear market is to assess whether we’re actually in one. The official definition of a bear market is a 20% decline from a previous all-time high. On January 4, the S&P 500 hit an all-time high of 4,818.62. As I write this, it is down 17.6% from that high. According to Ed Yardeni of Yardeni Research, the bottom appears to have been hit in June at 3,666.77, when it was down 24% from its December high. However, Yardeni admits that it’s challenging to pick the bottom with 100% certainty. He does believe there won’t be a hard landing even if the economy is technically already in a recession. 7 Nasdaq Stocks to Buy on the Dip Other analysts believe the index will fall to 3,300 before rallying. If you’re in this camp, I’ve got three blue-chip stocks that win in most economic conditions. These are stocks with strong free cash flow, consistent revenue and earnings growth and low debt levels. CPRT Copart $121.01 ADBE Adobe $386.30 NVDA Nvidia $173.48 Copart (CPRT) Source: lumen-digital / Shutterstock.com Copart (NASDAQ:CPRT) is a global leader in online vehicle auctions. It operates more than 200 locations in 11 countries and has auctions for more than 175,000 vehicles daily. The company was founded in 1982. It went public 12 years later, selling 2.3 million shares at $12. It launched its website in 1996. By 2003, it had completely moved its business model online. It hasn’t looked back. In fiscal year 2003 (ending on July 31 of that year), it had revenues and operating income of $347.4 million and $90.8 million respectively. In fiscal 2021, its revenues and operating income were $2.7 billion and $1.1 billion, respectively. That’s a 12.1% compound annual growth rate for revenue and a 14.9% CAGR for operating income over the past 18 years. I’ll take this kind of consistent growth every day and twice on Sundays. Through the first nine months of fiscal 2022, Copart’s revenues grew 34.7% to $2.62 billion, with a 25.8% increase in operating income to $1.05 billion. It finished the third quarter with a trailing 12-month (TTM) free cash flow (FCF) of $760 million and net cash of $1.15 billion. Down 17% over the past year, they’re cheaper by valuation metrics than they’ve been since 2018. Adobe (ADBE) Source: Tattoboo / Shutterstock Adobe’s (NASDAQ:ADBE) share price has gotten hit hard since last November when it hit an all-time high of $699.54. Since then, ADBE has lost 42% of its value, although in recent days, like the markets themselves, it appears to have bottomed. At the beginning of the pandemic, I suggested that ADBE stock was sure to hit $400 in 2020. At the time in early February 2020, Adobe’s share price was around $350. It climbed over $400 in June 2020 and stayed above $400 until earlier this year in May. Despite its stock getting pummeled, Adobe’s business is doing just fine. In June, it reported Q2 2022 results that included record revenue of $4.39 billion, 15% higher than a year earlier, excluding currency. The quarter finished with Remaining Performance Obligations (RPOs) of $13.82 billion. Adobe’s evolved into a cloud-based business with excellent gross margins. In Q2 2022, its subscription revenue was $4.07 billion, more 90% of its gross profit. Its operating margin for the quarter was 34.9%, down 180 basis points from a year earlier, but still very healthy. “Adobe achieved record Q2 revenue with strong demand across Creative Cloud, Document Cloud and Experience Cloud,” Adobe CEO Shantanu Narayen said in its press release. “We are winning in our established businesses and seeing significant momentum in new categories from content authoring for a broad base of creators to PDF functionality on the web to the leading real-time customer data platform for global enterprises.” 7 Seriously Undervalued Tech Stocks to Buy Now Adobe’s TTM FCF at the end of Q2 2022 was $6.86 billion. Under $400, if you’re investing for the next three to five years or longer, Adobe remains an excellent blue-chip stock to buy. Nvidia (NVDA) NVDA ) logo and sign on headquarters. Blurred foreground with green trees” width=”300″ height=”169″ /> Source: Michael Vi / Shutterstock.com I consider Nvidia (NASDAQ:NVDA) CEO and co-founder Jensen Huang to be one of America’s most influential leaders. He’s taken the company to great heights as a public company and long-time shareholders have gotten very wealthy, including Huang himself, who Bloomberg says is worth $16 billion, making him the No. 103 richest person in the world. In late June and early July, NVDA stock fell below $150 for the first time since May 2021. That’s despite the company generating a TTM FCF of $7.93 billion on $29.5 billion in revenue, good for an FCF margin of 27%. You might not think of a chip designer as a traditional blue-chip company, but the reality is that Nvidia has become a force in some of our generation’s biggest global secular trends. And while analysts continue to lower their target prices for many of the chipmakers — in mid-July, Piper Sandler analyst Harsh Kumar cut his target by $15 for Nvidia to $235 — the future remains bright for the best and the most promising such as Nvidia. The analyst said that Nvidia’s data center business remains strong despite some of the headwinds it faces from a lack of consumer confidence. Three months ago, the 44 analysts covering Nvidia had an average buy rating on its stock. That’s since fallen to overweight, with 31 analysts rating it a “buy” to only one “sell.” The average target price of $237.50 provides investors with plenty of upside. Nvidia currently has $8.6 billion in net cash on its balance sheet. That’s as blue-chip as it gets. On the date of publication, Will Ashworth did not have (either directly or indirectly) any positions in the securities mentioned in this article. The opinions expressed in this article are those of the writer, subject to the InvestorPlace.com Publishing Guidelines. The post 3 Blue-Chip Stocks to Buy for a Bear Market appeared first on InvestorPlace. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
CPRT,2022-07-29,31.3325,32.1225,31.225,32.025,"Copart (NASDAQ:CPRT) Seems To Use Debt Rather Sparingly Legendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility of prices, but whether you will suffer a permanent loss of capital.' It's only natural to consider a company's balance sheet when you examine how risky it is, since debt is often involved when a business collapses. As with many other companies Copart, Inc. (NASDAQ:CPRT) makes use of debt. But the real question is whether this debt is making the company risky. Why Does Debt Bring Risk? Debt assists a business until the business has trouble paying it off, either with new capital or with free cash flow. Part and parcel of capitalism is the process of 'creative destruction' where failed businesses are mercilessly liquidated by their bankers. However, a more frequent (but still costly) occurrence is where a company must issue shares at bargain-basement prices, permanently diluting shareholders, just to shore up its balance sheet. Having said that, the most common situation is where a company manages its debt reasonably well - and to its own advantage. When we think about a company's use of debt, we first look at cash and debt together. What Is Copart's Net Debt? The chart below, which you can click on for greater detail, shows that Copart had US$402.7m in debt in April 2022; about the same as the year before. However, its balance sheet shows it holds US$1.68b in cash, so it actually has US$1.28b net cash. NasdaqGS:CPRT Debt to Equity History July 29th 2022 How Healthy Is Copart's Balance Sheet? We can see from the most recent balance sheet that Copart had liabilities of US$449.1m falling due within a year, and liabilities of US$641.7m due beyond that. On the other hand, it had cash of US$1.68b and US$135.4m worth of receivables due within a year. So it can boast US$724.3m more liquid assets than total liabilities. This short term liquidity is a sign that Copart could probably pay off its debt with ease, as its balance sheet is far from stretched. Simply put, the fact that Copart has more cash than debt is arguably a good indication that it can manage its debt safely. Also positive, Copart grew its EBIT by 30% in the last year, and that should make it easier to pay down debt, going forward. There's no doubt that we learn most about debt from the balance sheet. But it is future earnings, more than anything, that will determine Copart's ability to maintain a healthy balance sheet going forward. So if you want to see what the professionals think, you might find this free report on analyst profit forecasts to be interesting. But our final consideration is also important, because a company cannot pay debt with paper profits; it needs cold hard cash. While Copart has net cash on its balance sheet, it's still worth taking a look at its ability to convert earnings before interest and tax (EBIT) to free cash flow, to help us understand how quickly it is building (or eroding) that cash balance. In the last three years, Copart's free cash flow amounted to 49% of its EBIT, less than we'd expect. That's not great, when it comes to paying down debt. Summing Up While we empathize with investors who find debt concerning, you should keep in mind that Copart has net cash of US$1.28b, as well as more liquid assets than liabilities. And we liked the look of last year's 30% year-on-year EBIT growth. So we don't think Copart's use of debt is risky. We'd be very excited to see if Copart insiders have been snapping up shares. If you are too, then click on this link right now to take a (free) peek at our list of reported insider transactions. If you're interested in investing in businesses that can grow profits without the burden of debt, then check out this free list of growing businesses that have net cash on the balance sheet. Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) simplywallst.com. This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
CPRT,2022-08-01,31.8,32.3425,31.5825,32.215,
CPRT,2022-08-02,32.0675,32.4275,31.9275,32.0225,
CPRT,2022-08-03,32.1575,32.6875,32.0775,32.56,
CPRT,2022-08-04,32.555,32.7938,32.445,32.585,
CPRT,2022-08-05,32.1675,32.5562,31.905,32.305,
CPRT,2022-08-08,32.5475,32.675,32.0025,32.2575,
CPRT,2022-08-09,32.25,32.25,31.3875,31.6025,
CPRT,2022-08-10,32.25,32.4,32.025,32.1875,
CPRT,2022-08-11,32.325,32.68,32.005,32.1275,
CPRT,2022-08-12,32.1675,32.565,32.0875,32.4925,
CPRT,2022-08-15,32.5,32.9156,32.44,32.855,
CPRT,2022-08-16,32.5625,33.16,32.055,32.9075,
CPRT,2022-08-17,32.7375,32.7775,32.37,32.5325,
CPRT,2022-08-18,32.505,32.73,32.3875,32.5975,"One Copart, Inc. (NASDAQ:CPRT) insider reduced their stake by 2.1% in the previous year Looking at Copart, Inc.'s (NASDAQ:CPRT ) insider transactions over the last year, we can see that insiders were net sellers. That is, there were more number of shares sold by insiders than there were purchased. While insider transactions are not the most important thing when it comes to long-term investing, we do think it is perfectly logical to keep tabs on what insiders are doing. Copart Insider Transactions Over The Last Year The Co-CEO & Director, A. Adair, made the biggest insider sale in the last 12 months. That single transaction was for US$25m worth of shares at a price of US$147 each. We generally don't like to see insider selling, but the lower the sale price, the more it concerns us. It's of some comfort that this sale was conducted at a price well above the current share price, which is US$130. So it may not shed much light on insider confidence at current levels. A. Adair was the only individual insider to sell over the last year. The chart below shows insider transactions (by companies and individuals) over the last year. If you want to know exactly who sold, for how much, and when, simply click on the graph below! NasdaqGS:CPRT Insider Trading Volume August 18th 2022 If you are like me, then you will not want to miss this free list of growing companies that insiders are buying. Insider Ownership Of Copart Many investors like to check how much of a company is owned by insiders. Usually, the higher the insider ownership, the more likely it is that insiders will be incentivised to build the company for the long term. Copart insiders own 9.8% of the company, currently worth about US$3.0b based on the recent share price. This kind of significant ownership by insiders does generally increase the chance that the company is run in the interest of all shareholders. So What Do The Copart Insider Transactions Indicate? There haven't been any insider transactions in the last three months -- that doesn't mean much. While we feel good about high insider ownership of Copart, we can't say the same about the selling of shares. Of course, the future is what matters most. So if you are interested in Copart, you should check out this free report on analyst forecasts for the company. Of course Copart may not be the best stock to buy. So you may wish to see this free collection of high quality companies. For the purposes of this article, insiders are those individuals who report their transactions to the relevant regulatory body. We currently account for open market transactions and private dispositions, but not derivative transactions. Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) simplywallst.com. This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
CPRT,2022-08-19,32.335,32.335,31.7925,32.06,"We Did The Math SPYV Can Go To $45 Looking at the underlying holdings of the ETFs in our coverage universe at ETF Channel, we have compared the trading price of each holding against the average analyst 12-month forward target price, and computed the weighted average implied analyst target price for the ETF itself. For the SPDR Portfolio S&P 500 Value ETF (Symbol: SPYV), we found that the implied analyst target price for the ETF based upon its underlying holdings is $44.91 per unit. With SPYV trading at a recent price near $40.31 per unit, that means that analysts see 11.41% upside for this ETF looking through to the average analyst targets of the underlying holdings. Three of SPYV's underlying holdings with notable upside to their analyst target prices are Comcast Corp (Symbol: CMCSA), Copart Inc (Symbol: CPRT), and Visa Inc (Symbol: V). Although CMCSA has traded at a recent price of $38.61/share, the average analyst target is 29.03% higher at $49.82/share. Similarly, CPRT has 21.56% upside from the recent share price of $130.39 if the average analyst target price of $158.50/share is reached, and analysts on average are expecting V to reach a target price of $259.74/share, which is 20.67% above the recent price of $215.25. Below is a twelve month price history chart comparing the stock performance of CMCSA, CPRT, and V: Below is a summary table of the current analyst target prices discussed above: NAME SYMBOL RECENT PRICE AVG. ANALYST 12-MO. TARGET % UPSIDE TO TARGET SPDR Portfolio S&P 500 Value ETF SPYV $40.31 $44.91 11.41% Comcast Corp CMCSA $38.61 $49.82 29.03% Copart Inc CPRT $130.39 $158.50 21.56% Visa Inc V $215.25 $259.74 20.67% Are analysts justified in these targets, or overly optimistic about where these stocks will be trading 12 months from now? Do the analysts have a valid justification for their targets, or are they behind the curve on recent company and industry developments? A high price target relative to a stock's trading price can reflect optimism about the future, but can also be a precursor to target price downgrades if the targets were a relic of the past. These are questions that require further investor research. 10 ETFs With Most Upside To Analyst Targets » The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
CPRT,2022-08-22,31.6875,31.6875,31.0775,31.19,
CPRT,2022-08-23,31.0825,31.3575,30.9625,31.0675,
CPRT,2022-08-24,31.04,31.305,30.7694,31.1575,
CPRT,2022-08-25,31.3675,31.57,31.1925,31.5575,
CPRT,2022-08-26,31.4875,31.625,30.56,30.5925,
CPRT,2022-08-29,30.3675,30.45,30.11,30.2425,
CPRT,2022-08-30,30.4212,30.455,29.7575,30.025,
CPRT,2022-08-31,30.34,30.3825,29.7512,29.9125,
CPRT,2022-09-01,29.7225,29.745,29.025,29.4725,
CPRT,2022-09-02,29.705,29.9525,29.0088,29.1,
CPRT,2022-09-06,29.3925,29.6,28.9375,29.115,"Copart (CPRT) Q4 Earnings Coming Up: What's in the Cards? Copart, Inc. CPRT is set to release fourth-quarter fiscal 2022 results on Sep 7, after the closing bell. The Zacks Consensus Estimate for the quarter’s earnings per share and revenues is $1.08 and $873.2 million, respectively. The Zacks Consensus Estimate for quarterly revenues indicates a 16.7% rise year over year. The Zacks Consensus Estimate for fiscal fourth-quarter earnings has remained stable over the past 90 days. The bottom-line forecast calls for an increase of 4.9% year over year. In the last reported quarter, this Texas-based online vehicle auctioning company posted earnings beat on higher-than-expected vehicle sales and service revenues. The bottom line also edged up 7.3% year over year. Copart surpassed the Zacks Consensus Estimate in the trailing four quarters, with the average being 7.8%. Copart, Inc. Price and EPS Surprise Copart, Inc. price-eps-surprise | Copart, Inc. Quote Factors at Play Copart’s active presence in the United States and international markets is likely to have bolstered the firm’s performance during the to-be-reported quarter. The Zacks Consensus Estimate for service revenues is pegged at $738 million, indicating an uptick of 19% year over year. Also, the consensus mark for vehicle sales is $171 million, calling for a rise from $129 million reported in the prior-year quarter. Copart’s buyout of Kentucky-based online auctioning platform, Vincent Auto Solutions, strengthened its footprint in Western Kentucky and is likely to have contributed to sales during the quarter to be reported. The launch of Copart Max has stepped up its digital game. Robust demand for vehicle remarketing services and higher average selling prices from international online bidders would also reflect positively on its upcoming results. Yet, rising operating expenses and high storage and labor costs are expected to have dented margins. Also, increased investments due to business expansion are likely to have clipped Copart’s bottom line to some extent. What the Zacks Model Says Our proven model does not conclusively predict an earnings beat for Copart this time around. The combination of a positive Earnings ESP and a Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold) increases the odds of an earnings beat, which is not the case here. Earnings ESP: It has an Earnings ESP of 0.00%. You can uncover the best stocks to buy or sell before they’re reported with our Earnings ESP Filter. Zacks Rank: Copart currently carries a Zacks Rank of 3. You can see the complete list of today’s Zacks #1 Rank stocks here. Peer Releases Copart’s peers include KAR Auctions Services Inc. KAR and Insurance Auto Auctions, aka IAA, Inc. IAA. KAR Auctions reported fiscal second-quarter 2022 results on Aug 2. It incurred an adjusted loss of 4 cents a share, which widened from 3 cents a share in the year-ago period. The Zacks Consensus Estimate for second-quarter 2022 earnings was pegged at 8 cents a share. Revenues of $384 million rose 2% year over year and came ahead of the consensus mark of $376 million. During the quarter, KAR completed the sale of its ADESA U.S. physical auction business to Carvana. The proceeds from the transaction are being used to reduce debt. KAR exited the quarter with $804 million of cash and cash equivalents. It bought back shares worth $82 million in the second quarter. Insurance Auto reported second-quarter 2022 results on Aug 9. It posted adjusted earnings of 62 cents a share, topping the Zacks Consensus Estimate of 55 cents. The bottom line, however, deteriorated from earnings of 69 cents in the year-ago period. Revenues of $520.3 million rose 16.9% year over year but fell short of the consensus mark of $523 million. This Illinois-based auto auction company envisions fiscal 2022 revenues in the band of $2.02-$2.075 billion. Total adjusted EBITDA is forecast between $540 million and $560 million. Insurance Auto exited the quarter with cash and cash equivalents of $137.6 million. Stay on top of upcoming earnings announcements with the Zacks Earnings Calendar. 7 Best Stocks for the Next 30 Days Just released: Experts distill 7 elite stocks from the current list of 220 Zacks Rank #1 Strong Buys. They deem these tickers ""Most Likely for Early Price Pops."" Since 1988, the full list has beaten the market more than 2X over with an average gain of +24.8% per year. So be sure to give these hand-picked 7 your immediate attention. See them now >> Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Copart, Inc. (CPRT): Free Stock Analysis Report KAR Auction Services, Inc (KAR): Free Stock Analysis Report IAA, Inc. (IAA): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
CPRT,2022-09-07,29.2975,29.815,29.185,29.7075,"[""Copart, Inc. (CPRT) Surpasses Q4 Earnings and Revenue Estimates Copart, Inc. (CPRT) came out with quarterly earnings of $1.13 per share, beating the Zacks Consensus Estimate of $1.08 per share. This compares to earnings of $1.03 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of 4.63%. A quarter ago, it was expected that this company would post earnings of $1.15 per share when it actually produced earnings of $1.17, delivering a surprise of 1.74%. Over the last four quarters, the company has surpassed consensus EPS estimates four times. Copart, Inc., which belongs to the Zacks Auction and Valuation Services industry, posted revenues of $883.39 million for the quarter ended July 2022, surpassing the Zacks Consensus Estimate by 1.16%. This compares to year-ago revenues of $748.63 million. The company has topped consensus revenue estimates four times over the last four quarters. The sustainability of the stock's immediate price movement based on the recently-released numbers and future earnings expectations will mostly depend on management's commentary on the earnings call. Copart, Inc. Shares have lost about 23.2% since the beginning of the year versus the S&P 500's decline of -18%. What's Next for Copart, Inc. While Copart, Inc. Has underperformed the market so far this year, the question that comes to investors' minds is: what's next for the stock? There are no easy answers to this key question, but one reliable measure that can help investors address this is the company's earnings outlook. Not only does this include current consensus earnings expectations for the coming quarter(s), but also how these expectations have changed lately. Empirical research shows a strong correlation between near-term stock movements and trends in earnings estimate revisions. Investors can track such revisions by themselves or rely on a tried-and-tested rating tool like the Zacks Rank, which has an impressive track record of harnessing the power of earnings estimate revisions. Ahead of this earnings release, the estimate revisions trend for Copart, Inc. Mixed. While the magnitude and direction of estimate revisions could change following the company's just-released earnings report, the current status translates into a Zacks Rank #3 (Hold) for the stock. So, the shares are expected to perform in line with the market in the near future. You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here. It will be interesting to see how estimates for the coming quarters and current fiscal year change in the days ahead. The current consensus EPS estimate is $1.11 on $886.38 million in revenues for the coming quarter and $4.74 on $3.74 billion in revenues for the current fiscal year. Investors should be mindful of the fact that the outlook for the industry can have a material impact on the performance of the stock as well. In terms of the Zacks Industry Rank, Auction and Valuation Services is currently in the top 37% of the 250 plus Zacks industries. Our research shows that the top 50% of the Zacks-ranked industries outperform the bottom 50% by a factor of more than 2 to 1. Another stock from the broader Zacks Business Services sector, Lesaka Technologies (LSAK), has yet to report results for the quarter ended June 2022. The results are expected to be released on September 9. This payments company is expected to post quarterly loss of $0.08 per share in its upcoming report, which represents a year-over-year change of -366.7%. The consensus EPS estimate for the quarter has remained unchanged over the last 30 days. Lesaka Technologies' revenues are expected to be $92.28 million, up 167.3% from the year-ago quarter. Want to Know the #1 Semiconductor Stock for 2022? Few people know how promising the semiconductor market is. Over the last couple of years, disruptions to the supply chain have caused shortages in several industries. The absence of one single semiconductor can stop all operations in certain industries. This year, companies that create and produce this essential material will have incredible pricing power. For a limited time, Zacks is revealing the top semiconductor stock for 2022. You'll find it in our new Special Report, One Semiconductor Stock Stands to Gain the Most. Today, it's yours free with no obligation. >>Give me access to my free special report. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Copart, Inc. (CPRT): Free Stock Analysis Report Lesaka Technologies, Inc. (LSAK): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""After-Hours Earnings Report for September 7, 2022 : CPRT, CASY, GME, DSGX, VRNT, AVAV, PLAY, ASAN, AEO, PHR, INTA, BASE The following companies are expected to report earnings after hours on 09/07/2022. Visit our Earnings Calendar for a full list of expected earnings releases. Copart, Inc. (CPRT)is reporting for the quarter ending July 31, 2022. The auction company's consensus earnings per share forecast from the 3 analysts that follow the stock is $1.08. This value represents a 4.85% increase compared to the same quarter last year. In the past year CPRT has beat the expectations every quarter. The highest one was in the 2nd calendar quarter where they beat the consensus by 1.74%. Zacks Investment Research reports that the 2022 Price to Earnings ratio for CPRT is 26.35 vs. an industry ratio of 32.70. Caseys General Stores, Inc. (CASY)is reporting for the quarter ending July 31, 2022. The retail company's consensus earnings per share forecast from the 3 analysts that follow the stock is $3.84. This value represents a 20.38% increase compared to the same quarter last year. CASY missed the consensus earnings per share in the 4th calendar quarter of 2021 by -11.3%. Zacks Investment Research reports that the 2023 Price to Earnings ratio for CASY is 22.99 vs. an industry ratio of 15.00, implying that they will have a higher earnings growth than their competitors in the same industry. Gamestop Corporation (GME)is reporting for the quarter ending July 31, 2022. The retail company's consensus earnings per share forecast from the 2 analysts that follow the stock is $-0.38. This value represents a 100.00% decrease compared to the same quarter last year. Zacks Investment Research reports that the 2023 Price to Earnings ratio for GME is -16.76 vs. an industry ratio of 22.80. The Descartes Systems Group Inc. (DSGX)is reporting for the quarter ending July 31, 2022. The computer software company's consensus earnings per share forecast from the 1 analyst that follows the stock is $0.27. This value represents a no change for the same quarter last year. DSGX missed the consensus earnings per share in the 3rd calendar quarter of 2021 by -3.57%. Zacks Investment Research reports that the 2023 Price to Earnings ratio for DSGX is 61.90 vs. an industry ratio of 29.30, implying that they will have a higher earnings growth than their competitors in the same industry. Verint Systems Inc. (VRNT)is reporting for the quarter ending July 31, 2022. The computer software company's consensus earnings per share forecast from the 4 analysts that follow the stock is $0.27. This value represents a 20.59% decrease compared to the same quarter last year. VRNT missed the consensus earnings per share in the 1st calendar quarter of 2022 by -5.41%. Zacks Investment Research reports that the 2023 Price to Earnings ratio for VRNT is 30.73 vs. an industry ratio of 29.30, implying that they will have a higher earnings growth than their competitors in the same industry. AeroVironment, Inc. (AVAV)is reporting for the quarter ending July 31, 2022. The aerospace and defense company's consensus earnings per share forecast from the 2 analysts that follow the stock is $0.09. This value represents a 152.94% increase compared to the same quarter last year. The last two quarters AVAV had negative earnings surprises; the latest report they missed by -26.83%. Zacks Investment Research reports that the 2023 Price to Earnings ratio for AVAV is 61.79 vs. an industry ratio of 35.20, implying that they will have a higher earnings growth than their competitors in the same industry. Dave & Buster's Entertainment, Inc. (PLAY)is reporting for the quarter ending July 31, 2022. The restaurant company's consensus earnings per share forecast from the 6 analysts that follow the stock is $1.01. This value represents a 5.61% decrease compared to the same quarter last year. PLAY missed the consensus earnings per share in the 1st calendar quarter of 2022 by -14.75%. Zacks Investment Research reports that the 2023 Price to Earnings ratio for PLAY is 12.55 vs. an industry ratio of -8.00, implying that they will have a higher earnings growth than their competitors in the same industry. Asana, Inc. (ASAN)is reporting for the quarter ending July 31, 2022. The internet software company's consensus earnings per share forecast from the 6 analysts that follow the stock is $-0.58. This value represents a 61.11% decrease compared to the same quarter last year. ASAN missed the consensus earnings per share in the 1st calendar quarter of 2022 by -11.63%. Zacks Investment Research reports that the 2023 Price to Earnings ratio for ASAN is -8.87 vs. an industry ratio of 14.50. American Eagle Outfitters, Inc. (AEO)is reporting for the quarter ending July 31, 2022. The retail (shoe) company's consensus earnings per share forecast from the 7 analysts that follow the stock is $0.13. This value represents a 78.33% decrease compared to the same quarter last year. AEO missed the consensus earnings per share in the 2nd calendar quarter of 2022 by -33.33%. Zacks Investment Research reports that the 2023 Price to Earnings ratio for AEO is 10.74 vs. an industry ratio of 10.90. Phreesia, Inc. (PHR)is reporting for the quarter ending July 31, 2022. The medical information systems company's consensus earnings per share forecast from the 5 analysts that follow the stock is $-0.99. This value represents a 106.25% decrease compared to the same quarter last year. Zacks Investment Research reports that the 2023 Price to Earnings ratio for PHR is -5.78 vs. an industry ratio of 2.90. Intapp, Inc. (INTA)is reporting for the quarter ending June 30, 2022. The internet software company's consensus earnings per share forecast from the 4 analysts that follow the stock is $-0.40. This value represents a 2.56% decrease compared to the same quarter last year. Zacks Investment Research reports that the 2022 Price to Earnings ratio for INTA is -9.15 vs. an industry ratio of 14.50. Couchbase, Inc. (BASE)is reporting for the quarter ending July 31, 2022. The internet software company's consensus earnings per share forecast from the 3 analysts that follow the stock is $-0.39. This value represents a 77.84% increase compared to the same quarter last year. BASE missed the consensus earnings per share in the 3rd calendar quarter of 2021 by -38.58%. Zacks Investment Research reports that the 2023 Price to Earnings ratio for BASE is -8.45 vs. an industry ratio of 14.50. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Shareholders Are Optimistic That Copart (NASDAQ:CPRT) Will Multiply In Value If we want to find a stock that could multiply over the long term, what are the underlying trends we should look for? Typically, we'll want to notice a trend of growing return on capital employed (ROCE) and alongside that, an expanding base of capital employed. Put simply, these types of businesses are compounding machines, meaning they are continually reinvesting their earnings at ever-higher rates of return. With that in mind, the ROCE of Copart (NASDAQ:CPRT) looks attractive right now, so lets see what the trend of returns can tell us. Return On Capital Employed (ROCE): What Is It? For those that aren't sure what ROCE is, it measures the amount of pre-tax profits a company can generate from the capital employed in its business. To calculate this metric for Copart, this is the formula: Return on Capital Employed = Earnings Before Interest and Tax (EBIT) \u00f7 (Total Assets - Current Liabilities) 0.27 = US$1.4b \u00f7 (US$5.4b - US$449m) (Based on the trailing twelve months to April 2022). Therefore, Copart has an ROCE of 27%. In absolute terms that's a great return and it's even better than the Commercial Services industry average of 9.0%. NasdaqGS:CPRT Return on Capital Employed September 7th 2022 In the above chart we have measured Copart's prior ROCE against its prior performance, but the future is arguably more important. If you'd like to see what analysts are forecasting going forward, you should check out our free report for Copart. What The Trend Of ROCE Can Tell Us In terms of Copart's history of ROCE, it's quite impressive. The company has consistently earned 27% for the last five years, and the capital employed within the business has risen 214% in that time. With returns that high, it's great that the business can continually reinvest its money at such appealing rates of return. If Copart can keep this up, we'd be very optimistic about its future. In Conclusion... In the end, the company has proven it can reinvest it's capital at high rates of returns, which you'll remember is a trait of a multi-bagger. On top of that, the stock has rewarded shareholders with a remarkable 260% return to those who've held over the last five years. So while the positive underlying trends may be accounted for by investors, we still think this stock is worth looking into further. Before jumping to any conclusions though, we need to know what value we're getting for the current share price. That's where you can check out our FREE intrinsic value estimation that compares the share price and estimated value. If you want to search for more stocks that have been earning high returns, check out this free list of stocks with solid balance sheets that are also earning high returns on equity. Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) simplywallst.com. This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.""]"
CPRT,2022-09-08,28.2375,29.2675,28.0325,29.2375,"[""Copart (CPRT) Q4 2022 Earnings Call Transcript Image source: The Motley Fool. Copart (NASDAQ: CPRT) Q4 2022 Earnings Call Sep 08, 2022, 11:00 a.m. ET Contents: Prepared Remarks Questions and Answers Call Participants Prepared Remarks: Operator Good day, everyone, and welcome to the Copart, Inc. fourth quarter fiscal 2022earnings call Just a reminder, today's conference is being recorded. For opening remarks, I would like to turn the call over to Gavin Renfrew, vice president of global accounting of Copart, Inc. Please go ahead, sir. Gavin Renfrew -- Vice President, Global Accounting Thank you, and good morning. We'll start with the safe harbor. During today's call, we'll discuss certain non-GAAP measures, which include adjustments to income tax benefits related to stock-based compensation, legal matters, discrete income tax items, and the effect of the extinguishment of debt. We provided a reconciliation of these non-GAAP financial measures to the most directly comparable GAAP measures on our Investor Relations website and in our press release issued yesterday. We believe these non-GAAP measures, together with the corresponding GAAP measures, are relevant in analyzing our results and assessing our business trends and performance. In addition, our comments today include forward-looking statements within the meaning of federal securities laws, including management's current views with respect to trends, opportunities, and uncertainties in our markets. These forward-looking statements involve substantial risks and uncertainties. For more detail on the risks associated with our business, we refer you to the section titled Risk Factors in our annual report on Form 10-K for the year ended July 31st, 2021, and each of our subsequent quarterly reports on Form 10-Q. 10 stocks we like better than Copart When our award-winning analyst team has a stock tip, it can pay to listen. After all, the newsletter they have run for over a decade, Motley Fool Stock Advisor, has tripled the market.* They just revealed what they believe are the ten best stocks for investors to buy right now... and Copart wasn't one of them! That's right -- they think these 10 stocks are even better buys. See the 10 stocks *Stock Advisor returns as of August 17, 2022 Any forward-looking statements are made as of today, and we have no obligation to update or revise any forward-looking statements. With that, I'll turn the call over to our co-CEO, Jeff Liaw. Jeff Liaw -- President and Chief Executive Officer, North America Thank you, Gavin, and good morning, everyone. I'll start with some comments about themes in our business. I'll turn it over to Gavin to walk you through some financial highlights, and then we'll take Q&A thereafter. We're pleased to report our results for the fourth quarter of fiscal 2022 and have concluded another strong fiscal year here at Copart. We are celebrating the 40th anniversary of our company's founding by Willis Johnson starting way back when with just a single yard in Vallejo, California. Since our inception, We believe it is our people and our values that have enabled us to build a profitable, sustainable enterprise. We're confident our formula will work for the next 40 years as well. We're well into our third year now of exceptional social and macroeconomic conditions of virus and its attendant mutations, a war and the disruptions on industrial production and supply chains, fuel prices, and the like. All businesses, including ours, are affected by these forces. We're happy to take questions on short or medium-term volatility for the various input and output metrics for our business, but we'll focus our prepared remarks on a more durable operating beliefs and principles that guide our decision-making, namely that we will, one, invest in our physical infrastructure, technology platform and customer service offerings to improve auction, liquidity, and returns for our sellers. We will collaboratively engage with our sellers, both day to day and through catastrophic events to protect them and their policyholder relationships. We will actively expand our addressable market by growing our volume of lesser damaged and whole cars from both insurance and noninsurance sellers. And finally, that will continue our expansion into international markets around the world. In a moment, we'll discuss the quantitative indicators that we customarily provide on these calls, but I wanted to start first by addressing the subject of sustainability. We are increasingly asked by our customers, our employees, our shareholders, and other stakeholders about how Copart's business addresses the world's growing focus on sustainability. I want to offer our perspective on what sustainability means to us, how our business contributes to environmental sustainability, how we support and empower local communities, how we enable global economic mobility and development, and how we build an enduring enterprise to serve our customers for decades to come. First, on the question of environmental sustainability, conventionally, what folks mean most of the time when they say so. We have the great privilege of operating a business that is at its core breed. We aren't trying to shoehorn an environmental theme into a fundamentally problematic business. Instead, Copart is a keystone enabler of the circular economy in the automotive sector. Our retrievable and storage of vehicles, title processing, and online marketplace are essential to the reuse, harvesting, and recycling of literally millions of cars per year. We estimate that approximately two out of every five vehicles we sell are driven again somewhere in the world, the remainder are harvested and recycled for parts or metals reducing the need for de novo mineral extraction and manufacturing emissions. The benefit of the reuse and recycling of cars and their components and the attendant avoidance of carbon emissions dwarfs our actual Scope 1 and Scope 2 emissions. We estimate this benefit to be more than 100 times the quantity of our direct emissions. Secondly, we operate our business to enhance the sustainability and well-being of the communities in which we operate. Our business is essential in helping communities recover from acute weather events, which are themselves increasing in frequency as well. We currently operate purpose-built dedicated courtyards comprising hundreds of acres of vacant storage capacity, reserves for responding to catastrophic events in storm-prone areas. When major weather events occur, our people and our advanced preparation enable us to clear roads, repair shops in impound yards so that communities can quickly recover. Third, we enable global economic mobility and development. Through our unparalleled global member network, we facilitate access to vehicular transportation across the globe. We estimate that approximately two-thirds of the vehicles sold by our U.S. auctions to international members are to developing economies as defined by the UN Department of Economic and Social Affairs. Physical mobility, which most of us on this call have taken for granted is essential for people around the world to access healthcare, education, leisure, and economic advancement. Finally, we operate our business in a manner that ensures enterprise sustainability. We believe that a truly sustainable business makes decisions so that it can serve its customers, not just in the weeks, months, and years ahead, but for decades to come. To that end, we have always taken the strategic approach of owning the vast majority of our real estate and storage capacity. We've heard sometimes persuasive arguments in favor of more \""capital-light\"" approaches, but we're steadfast in our belief that owning our facilities enables us to control our own destiny, ensuring the sustainability of our business for our customers. We are not just participants in our industry, we are stewards of it. Today, we operate on nearly 16,000 acres of land worldwide and own approximately 90% of it, controlling it in perpetuity. Over the last five years alone, we've invested nearly $2 billion in land acquisition and development. Similarly, we have maintained a conservative balance sheet since our founding. We recognize the arguments in favor of more financial leverage, but we know that our approach assures our customers that whatever comes our way the 2009 financial crisis, massive storms in Sandy, Harvey, Ida, COVID-19, and all that lies ahead, Copart will stand uncompromised and ready to serve our customers. As noted on our lastearnings call we intend to publish our inaugural ESG report in the next few weeks in which we will, of course, more fully articulate these themes. I'll turn now to the operating statistics that we provide each quarter. Our global unit sales for the fourth quarter increased 5.1% year over year, with the U.S. increasing 4% and our international unit volume increasing 12%. Our insurance business was likewise above the fourth quarter of 2021. We grew on both a one- and two-year basis due to a combination of share gains and a continued recovery in driving activity and accident frequency and severity. Notably, of course, record high used vehicle prices have, for the past several quarters negatively impacted total loss frequency and have tempered overall insurance volume growth relative to what it otherwise would have been. Driving activity itself, as measured in vehicle miles driven, continues its rebound to pre-pandemic norms in the aggregate. Seasonally adjusted miles traveled for the month of May, for example, in the U.S. is up about one percentage point versus last year. Gasoline consumption statistics mirror the same themes as well. Contrary to consistent long-term trends, we have observed declining total loss frequency on a sequential and year-over-year basis. Our selling prices have kept pace or more than kept pace with a strong used car price environment on a percentage basis, but the persistent lack of replacement vehicle availability and record high retail transaction values continue to reduce assignment volume for us relative to what it otherwise would be. Total loss frequency for the second calendar quarter in 2022 was approximately 16.9% in comparison to 19.7% for the same quarter a year ago. If vehicles had been totaled at the same rate as last year, we would have observed insurance industry volumes 15% higher than what we actually experienced. In simple Layman's terms, in a world in which replacement vehicles are harder to come by, total loss settlements are a less attractive resolution to an auto accident claim than they otherwise would be. While total loss frequency has declined over the past year and a half or so, the 40-year trend is unambiguous. We believe firmly that the market will revert to the historical norm of steadily rising total loss frequency in the months and years ahead. And in fact, a number of other variables, accident severity, repair duration, repair, labor costs, rental car cost, part costs should contribute to that reversion and long-term trend as well. The history of total loss frequency from 4% in 1980 or so to 20% as of a couple of years ago, has been the product of two key factors: vehicle complexity and composition, making cars more expensive to repair while our auction liquidity and global buyer base has made them more efficient to total instead. While we will all no doubt struggle to predict precisely when supply chain bottlenecks will clear, and new vehicle production will return to historical levels, we do anticipate an eventual unwinding of these conditions, which will lead to a moderation of used vehicle values. We may well see a moderation of ASPs in that environment as well, but will almost certainly benefit from volume recovery or volume increases as well. We continue to invest in growing our business beyond insurance total losses, excluding lower-value cars from sources such as wholesalers and charities, our U.S. noninsurance unit volume grew approximately 6% in the quarter, driven by a combination of rental cars, corporate fleets, financial institutions, and our power sports business. Our growth across the full spectrum of vehicles enhances our auction liquidity and returns for our sellers. The more cars we sell for -- the more cars we sell on behalf of dealers, rental car companies, fleet managers, and the like, the more our insurance company sellers will benefit as well. With that, I'll turn it over to our VP of global accounting, Gavin Renfrew to walk through the fourth quarter financial results before we open it up for Q&A. Gavin Renfrew -- Vice President, Global Accounting Thank you, Jeff, and good morning. I will make a few comments on our operational results, and then we will take questions. For the fourth quarter, global revenue increased $134.8 million or 18%, including a $16.4 million headwind due to currency. Global revenue for the fiscal year increased $808.4 million or 30%, including a $22.2 million headwind due to currency. Global service revenue increased $87.8 million or 14.2% for the fourth quarter and $561.2 million or 24.5% for the year, primarily due to higher average selling prices and increased volume. U.S. service revenue grew 14.7% for the quarter and 25.6% for the year and international experienced an increase of 9.4% for the quarter and 16.6% for the year. We saw continued strength in ASPs, which grew 8.3% year over year for the quarter, with U.S. ASPs up 9.2%. The Manheim Index is lower than January's record levels of 236.3 but remains historically elevated, ending July at 219.6, an increase of 12.5% year over year. August mid-month is 211.6, down sequentially, 3.6% versus July, but still up 8.8% versus last year. Purchased vehicles continued to comprise an increasing percentage of our overall revenue mix, driven by both strong used car values and growth in volume, particularly in our Cash For Cars business in the U.K. and from expansion in Germany. Purchased vehicle sales for the quarter increased $47 million or 36.5% and increased $247.2 million or 61.7% for the fiscal year. U.S. purchased vehicle revenue for the quarter was up 39.3% over the prior year and 61.8% for FY '22. International grew by 31.5% for the quarter and 61.5% for the year. Purchased vehicle cost of sales grew $47.6 million or 41.9% in the fourth quarter and $239.1 million or 69.1% for the year exceeding the growth in revenue. As a result, purchased vehicle gross profit decreased slightly by $0.6 million or 4.2% during the quarter. For the fiscal year, purchased vehicle gross profit increased $8.2 million or 15%. Global gross profit in the fourth quarter increased by $24.1 million or 6.7% and our gross margin percentage decreased by approximately 455 basis points to 43.2%. U.S. margins decreased from 51% to 46.3% and international margins decreased from 29.6% to 26.1%. For FY '22, global gross profit increased by $263.1 million or 19.6% and our gross margin percentage decreased by approximately 400 basis points to 45.9%. U.S. margins decreased from 52.6% to 48.9% and international margins decreased from 35.1% to 29.9%. As was true last quarter, this margin decline was primarily attributable to two factors: 200 to 225 basis points of the fiscal year decline was due to purchased vehicles from both a mix shift to purchased vehicles and from the contraction in gross margin rate on our purchased vehicles as the absolute values of those vehicles increase. The balance of our margin contraction is attributable to cost inflation in both towing and labor, offset partially by higher revenue per unit and volume growth. However, we believe we can continue to increase margin and returns on capital over time, as we benefit from scale and find further operational efficiencies through technology and innovation. I will now move to a discussion of G&A expenditures, excluding stock compensation and depreciation expenses. G&A spend in the quarter increased $3.6 million or 9.2%. For the year, G&A spend increased to $27.6 million or 18.4%. Approximately $6.6 million of the increase is attributable to certain discrete legal items, and we presented this adjustment net of tax in our non-GAAP reconciliation. Adjusting for this discrete item, our G&A increased $21 million or 14% from $149.8 million to $170.7 million. While G&A can be volatile from period to period, over the longer term, we anticipate G&A to decline as a percentage of revenue as we grow our business and create additional leverage. Our GAAP operating income increased by 7.7% from $301.5 million to $324.8 million for the fourth quarter, including a $2.3 million headwind due to currency. For the fiscal year, GAAP operating income increased by $238.6 million or 21%. And adjusting for the G&A item I mentioned a moment ago, it increased 21.2% to $1.38 billion. Fourth quarter income tax expense was $39.7 million at a 31 -- sorry, at a 13.1% effective tax rate. Adjusting for the tax benefits associated with the exercise of employee stock options as well as the effect of extinguishment of debt, net of tax on a non-GAAP basis, our effective tax rate would have been 15.2%. For the year, income tax expense was $250.8 million, for an 18.7% effective tax rate with an associated non-GAAP full year expense of $287.9 million for an effective tax rate of 21.1%. Fourth quarter GAAP net income increased 3% from $256 million last year to $263.7 million this year. Adjusted to remove the items detailed in our pro forma reconciliation included in our press release, non-GAAP net income increased 9.6% from $247.7 million last year to $271.6 million in the fourth quarter of FY '22. GAAP net income for FY '22 increased 16.4% to $1.1 billion, and non-GAAP net income increased 21%. Our global inventory at the end of July decreased 5.7% from last year and 2.7% excluding low-value units like wholesalers and charities. That is comprised of a year-over-year decrease of 9.6% for U.S. inventory and an increase of 24.9% for international inventory. As Jeff mentioned a moment ago, for the first time in recent history, the number of total losses as a percentage of overall accident has been declining. As a result, our inventory levels are modestly lower than they were a year ago. Now to briefly update our liquidity and cash flow highlights. As of July 31st, 2022, we had $2.6 billion of liquidity, comprising of $1.4 billion in cash and cash equivalents and an undrawn revolving credit facility with capacity of $1.2 billion. As we discussed on our lastearnings call in the fourth quarter, we retired $400 million of private placement notes outstanding. We incurred a prepayment penalty of $16.8 million in the quarter associated with the retirement, which is nearly equivalent to one year of interest payments if the notes had not been retired. We believe this to be the superior choice given cash on hand, projected interest savings, and the relative inflexibility of these private placement notes. Operating cash flow for the quarter increased by $84.1 million year over year to $312.8 million, driven by stronger earnings and the cost associated with the extinguishment of debt. We invested $102.6 million in capital expenditures in the quarter, and over $300 million for the fiscal year, with over 80% of this amount attributable to capital -- sorry, to capacity expansion as we are continuing to prioritize investments in physical infrastructure. Despite unusual near-term forces that have suppressed unit sales relative to where they would have been, we continue to invest in capacity with the conviction that we and our customers will need it. That concludes our prepared remarks, and we are happy to take some questions. Questions & Answers: Operator Thank you. [Operator instructions] Our first question is from Bob Labick with CJS Securities. Please proceed with your question. Bob Labick -- CJS Securities -- Analyst Good morning. Congratulations on another fantastic year. Jeff Liaw -- President and Chief Executive Officer, North America Thanks, Bob. Bob Labick -- CJS Securities -- Analyst So I just wanted to start with the short-term when you obviously discussed costs rising related to towing and labor, and I assume fuel is embedded in that towing discussion. And we did some quick math, if it's right, like there was even a sequential growth in cost per unit from last quarter. So I guess the question is what actions are you taking now? Or can you take to reduce cost per unit? And how long might that take to kind of flow through to get lower cost per unit, better unit economics in that regard? Jeff Liaw -- President and Chief Executive Officer, North America Got it. Bob, I think in short, the optimizing the efficiency of our business is a forever initiative regardless. So it's not per se in response to rising fuel prices or labor costs, etc. It's that phenomenon inflation, broadly speaking, has always been true. And where we precisely see it in the business at any moment in time can vary sometimes it's fuel, sometimes it's healthcare, sometimes it's commodities otherwise. But the efficiency initiatives we pursue are self-evident in some regards, but we endeavor to automate much of what we do, including the dispatching of our drivers to retrieve vehicles to optimize the routes to minimize waste in the retrieval of vehicles. For example, we endeavor to automate our interactions with our members and our sellers in ways that make it easier for them and for us to run the business day to day. So the real answer to your question is it's not specifically in response to those catalysts, but those productivity initiatives have been true forever and we are attacking them with the same deal as we always have. Bob Labick -- CJS Securities -- Analyst OK. Great. I understand. And then a little more big picture. I guess, what, if anything, has changed in the insurance and salvage process since the pre-pandemic? In other words, have you added new service for the insurance companies or new products or differentiated offerings that may also come with a cost to you, but it's obviously part of what you provide your insurance customers. How has anything changed since pre-pandemic? And I'm trying to think about like adding to the unit cost over time, but for a good reason kind of thing. Jeff Liaw -- President and Chief Executive Officer, North America Yeah. That's a fair question, Bob, and I think an astute observation that in general, the early days of the pandemic were such that many companies, insurance companies included, wanted to avoid in-person engagement for themselves and their customers for obvious reasons to avoid the transmission of COVID-19 itself. And then since then, of course, they have faced some of the same hiring and retention challenges that the economy more broadly has as well. And as a result, they are asking us to do more, and we are offering to do more. In some -- to give you specific examples, we have many fewer insurance company employees who are day to day visiting our yards to do their work and we've instead virtualized much of that workflow for them, doing it on their behalf and conveying that information digitally so that they can process those vehicles without coming to see us first hand. There are also other further downstream processes involving title and otherwise that we now do on their behalf that perhaps they previously had retained a larger department to do on their own. So I think that's a long-term trend anyway really before the pandemic but certainly accelerated by the pandemic and likely will persist. So we are happy to perform those services on behalf of our insurance companies. We think we can ultimately do so more efficiently and do it well for them on terms that make economic sense for them and for us. Bob Labick -- CJS Securities -- Analyst OK. Super. Thank you. I'll jump back in queue. Jeff Liaw -- President and Chief Executive Officer, North America Sure. Operator Thank you. Our next question is from Craig Kennison with Baird. Please proceed with your question. Craig Kennison -- Robert W. Baird and Company -- Analyst Hey. Good morning. Thanks for taking my question. We get a lot of questions on the dynamic with respect to volume and then also just price. You mentioned the Manheim Index being at a record level. If we revert to a scenario in which volume sort of dominates driven by a higher total loss rate, but price comes down. How would you say that will impact your revenue algorithm kind of in the near term and the long term? On the long-term side, I'm sure if volume grows, that's great for you. But in the short term, if you see prices drop while volume recovers, but maybe at a slower rate. Could there be an air pocket there? That's the question we get. Jeff Liaw -- President and Chief Executive Officer, North America Fair question, Craig. And one we've wrestled with forever, even outside the parameters of what is currently a once-in-a-lifetime [Inaudible] inversion, where we've never seen this before. But even five years ago, when we were facing the same questions, do we, in general, favor high used car prices or low used car prices, we've always been ambivalent about it. The lower used car prices will no doubt lead to more assignments to us and will probably be to lower realized ASPs, all else equal as well. So the unit economics will be modestly worse, but we'll certainly see greater unit volume as well. So we -- I think to be transparent, Craig, don't know precisely, right? The matter of degrees. And so if the volume increases significantly and the price moderates modestly, there's no doubt that's beneficial to us. Could there be other such scenarios, I think, yes, the 40-year trend says that the economics will work themselves out quite well in the end. But as for what happens in a given month or quarter or perhaps even fiscal year, harder to be precise about that. Craig Kennison -- Robert W. Baird and Company -- Analyst Thanks. And then with respect to Europe, have you run any game plan scenarios with the energy crisis and potential recession there? I'm curious are you selling partners changing their behavior in any ways based on less volume, if there's less driving, for example? And then on the demand side, with the strong dollar, and potential uncertainty in that market? Are you seeing any behavior changes there? Jeff Liaw -- President and Chief Executive Officer, North America I'll separate those two questions for a minute, Craig. First, on the notion of insurance company practices in Europe. I wouldn't -- besides the same themes, I mentioned a moment ago about insurance companies as a general matter asking us to do more and our offering to do more in the claims process relative to what we used to do. Besides that, I wouldn't note any radical changes in the way they have managed their businesses over the course of the past couple of years or since the beginning of the war I think is the specific catalyst you're asking about. And then -- and to your second question then about currency fluctuations, I think you know this already. We are short the dollar in our business. We favor a weaker dollar, which leads to better auction returns on the margin for us given our robust global buyer network. At any given moment in time, I think we see currency fluctuations across countries such that some are more in the money or some are more out of the money relative to where they were a year ago. So in the aggregate, I think we -- our auctions are performing just fine. As for how we approach in our game planning for Europe, we aren't going to be affected by what happens in the next month or two, right? That's not the horizon with which we're making our business decisions anyway there, here or anywhere. So what we specifically see on natural gas shortages or what have you, we certainly observe them, we take stock, we understand how to communicate with our customers given that backdrop, but it doesn't change our strategic approach. Craig Kennison -- Robert W. Baird and Company -- Analyst Great. Thank you. Jeff Liaw -- President and Chief Executive Officer, North America Thanks, Craig. Operator Thank you. Our next question comes from Daniel Imbro with Stephens, Inc. Please proceed with your question. Joe Enderlin -- Stephens, Inc. -- Analyst This is Joe Enderlin on for Daniel Imbro. Thanks for taking our question. Jeff Liaw -- President and Chief Executive Officer, North America Hi, Joe. Joe Enderlin -- Stephens, Inc. -- Analyst So our question, when looking at service vehicle gross margin pressure specifically, could you talk about what the biggest drivers of pressure you've seen? And then could you touch on any new developments you've seen on towing costs? Jeff Liaw -- President and Chief Executive Officer, North America I think the pressure is Gavin talked about them to some -- in his prepared remarks. But we're observing the same inflationary forces that the folks are across industries. So whether it is fuel costs, labor costs, both in-house and third party. Those are the same forces, I think, that every business literally worldwide is observing today. So nothing particularly unique in that regard. As for the economics of the business, gross margin, as you know, is a function of both of the cost as well as the revenue. n the revenue side, we continue to benefit, of course, from a robust used car environment, robust selling prices, our auction liquidity is stronger than it ever has been. And so the realized returns we achieved at auction are certainly the offsetting consideration there as well. Joe Enderlin -- Stephens, Inc. -- Analyst Got it. That's super helpful. As a follow-up, I was wondering how you're looking at the returns on capital between share repurchase and land expansion at this point. You likely have capacity to pursue both, but how are you feeling about priority between these two Jeff Liaw -- President and Chief Executive Officer, North America The priority certainly is always to invest in, and this is what any good steward of capital would, I think, is the framework they would approach the question with, which is how do we maximize those returns over 30-, 40-, 50-year horizons. And if that is your framework, we would always elect to invest productively in the business long-term. here is power in the network. There's power in physical capacity. There's power, as you heard me say, in owning it and controlling it in perpetuity. We generate cash, of course, net of those investments as well. As you know, from our history, we buy shares back. We do so aggressively in real volume. We also do so episodically as opposed to via a predictable routine buyback program. So at some point, we don't announce in advance. But at some point, we, of course, will buy shares back that ultimately is the use of residual capital. Joe Enderlin -- Stephens, Inc. -- Analyst Got it. That's all for us. Thank you. Jeff Liaw -- President and Chief Executive Officer, North America Thank you. Operator Thank you. Our next question is from Chris Bottiglieri with BNP Paribas. Please proceed with your question. Chris Bottiglieri -- Exane BNP Paribas -- Analyst Hey, guys. Jeff, I think you said two out of every five cars are put back on the road today. I guess where do the metrics stand before the great financial crisis? And can you give us a sense of how price and volumes change on the financial crisis of these types of vehicles? Just trying to understand if this is becoming more cyclical as you successfully disrupted international markets and traditional wholesale auction model or if like supply is the bigger factor other than demand is my first question. Jeff Liaw -- President and Chief Executive Officer, North America I missed the critical first phrase. Can you say it again, Chris? Chris Bottiglieri -- Exane BNP Paribas -- Analyst Yeah. So I'm just trying to understand like you have two out of every five cars are putting back on the road, like where did that metric stand before the great financial crisis, like where are drivable cars before then? Just trying to understand that this is becoming more cyclical as you've just gone more to international markets, you've gone to the Copart Direct, as you've gone through the dealer consignment business. Jeff Liaw -- President and Chief Executive Officer, North America Got it. I think directionally, Chris, meaningfully lower, but that's not per se a function of macroeconomic conditions. So global financial crisis, if we're talking 2008 -- 2007 Horizon, pre GFC, that is a full 15 years ago, total loss frequency meaningfully lower than it is now. And so the reason we have so many more drivable cars today is that it is economically attractive to total those cars in a way that it wasn't 15 years ago. Our buyer base, our international auctions, our online technology is such that we can generate returns that justify totaling those cars instead of repairing them. So it's not a function per se of economic growth or recessions or interest rates or what have you, it's that the fastest-growing economies worldwide as a general rule have the lowest vehicle penetration and the greatest incremental vehicle demand. So as we tap into that trend, certainly has increased the number of drivable vehicles we sell has over the past 15 years and almost certainly will over the next 15 years as well. Chris Bottiglieri -- Exane BNP Paribas -- Analyst Gotcha. OK. And maybe a bigger picture question longer term, just your ESG report coming out. I wonder like how much work you've done on the impact of electrification, particularly like battery electric vehicles? Like what are you seeing today in terms of -- another obviously a very small population of cars. They're very young on average. There's just not a lot of data yet. We have to hit your sweet spot. But in the early findings of these earliest EVs, what are you seeing in terms of total loss rates? Are these cars more or less likely to be totaled at a given age? And then two, what are you seeing in terms of like the proceeds value as a percentage of, call it, like ACV or something? What are you seeing on the EV side? Jeff Liaw -- President and Chief Executive Officer, North America Fantastic questions and complicated ones. First, and difficult to isolate specifically because there are, as you know, sparing the few cars for which we have a controlled experiment of an electrical -- electric version and an internal combustion engine version like-for-like. And so comparing the two when it comes to total loss frequency, repair costs and auction returns is difficult. What I would tell you, so far, however, is that electric vehicles, perhaps by virtue of being newer, having more safety technologies, more perimeter sensors, almost always in the form of cameras in the front to enable autonomous braking and the like or even autonomous driving like features. Those cars total more easily, the repair costs are high. In many cases, the automotive repair networks around the world are not yet equipped to handle those cars either to calibrate the sensors, to repair the cars, to source the replacement parts, especially in this environment. If anything, those cars total more easily than conventional vehicles would. As for auction returns, though, as you noted, it's early and therefore, the addressable population remains small on balance, the returns on electric vehicles are meaningfully higher than for internal combustion engine equivalents, though, again, with the caveat that the expression equivalent is a very rough one because the perfect apples-to-apples comparison is not always readily available. Chris Bottiglieri -- Exane BNP Paribas -- Analyst Very helpful. Thank you, Jeff. Jeff Liaw -- President and Chief Executive Officer, North America Thank you. Operator Our next question is from Ryan Brinkman with J.P. Morgan. Please proceed with your question. Ryan Brinkman -- JPMorgan Chase and Company -- Analyst Hi. Thanks for taking my question. How should we think about the outlook for agency model average revenue per unit tracking going forward with, on the one hand, declining used vehicle and scrap metal prices? But on the other hand, the tailwind from more higher-priced non-salvaged vehicles and maybe any potential fee actions you could take as selling prices decline? And then what do you think the margin implications are going forward on the one hand, the direction of selling prices, which I'm presuming is down? And on the other hand, the operating leverage provided as volumes normalize higher? Jeff Liaw -- President and Chief Executive Officer, North America Ryan, good to hear from you. And fair questions, probably along the same lines as a few callers ago. On the question of incremental volume versus incremental ASP and how they interact, my answer then is that we are somewhat ambivalent between the two. High used car price environment like the one we're in now means that our unit economics are excellent, but it also means that our volume is compromised relative to where it otherwise would be. As for then how we would feel about movements of x percent versus y percent in each is a question about elasticity and forecasting that in advance is hard to say. We actually don't know precisely which is \""better\"" for the bottom line. Long-term, I think the volume growth will no doubt be positive and meaningful as it has been for the past 40 years. So total loss frequency will be the tailwind behind the business. But as for the near-term, P&L effects of a slight drop in ASPs and a bump in volume precisely how that unfolds, we don't know. Ryan Brinkman -- JPMorgan Chase and Company -- Analyst OK. Great. Thanks. And then how should we think about -- just lastly here, the trend in land purchases tracking going forward after a step-up in recent years, maybe as you were anticipating some of these market share gains and expecting volume recovery, etc. But how should we think about land purchases tracking? And then the implications of that for the conversion of EBITDA into free cash flow and capital allocation optionality. Jeff Liaw -- President and Chief Executive Officer, North America Sure. As for investing in land, I think you've heard me say this on prior calls, too, that becomes a very specific macroeconomic exercise in which we evaluate metro by metro and even metro areas of the northwest portion of metro x, we analyze our capacity and our expected capacity given growth in total loss frequency given, of course, as you noted, market share aspirations, given growth in our noninsurance business, what storage needs, we anticipate in a given market. So it's not an aggregate corporate decision. We don't wake up in a quarter and say, let's go spend $150 million this quarter. Instead, it's a macroeconomic question that we face market by market. In the aggregate, given that total loss frequency expectation, given our volume growth aspirations, we do expect to continue to invest in that capacity for years to come. So it has been, as you know, turbocharged say, since 2016 or so relative to historical periods before that, but we continue to believe that controlling our own destiny, investing in physical infrastructure is a key enabler in our business, and we'll continue to do that. Ryan Brinkman -- JPMorgan Chase and Company -- Analyst OK. Maybe just one last one on market share. Do you know what your market share is? I think it was already possibly over 50% before some recent contract wins. And wasn't there a case where maybe, I forget when in the '90s, is that Manheim have had to sell some yards via some, I forget, arrangement with the Federal Trade Commission to ADESA when their market share was over a certain amount. I forget what it was maybe 65%, 70% or something like that. Are there any read-throughs to the salvage industry? Do you intend to just keep driving share higher? Is there any kind of practical limit or what do you think? Jeff Liaw -- President and Chief Executive Officer, North America Difficult for us to comment on market share. In the same way that talking about market share in the aggregate is a little bit like answering how much do we want to invest in land in the next quarter. But every customer to us, whether we have all of their business, some of it or none of it is really important to us, and we spend a hell of a lot of our energy serving them and persuading them to do business with us, to do more business with us, to shift the business to us, etc. So that is, again, a microeconomic question, not a macroeconomic one. I'd also note that, as you probably remember, a quarter of our cars today come from noninsurance sources, and we continue to believe that we can grow in that arena as well. So we don't do market share calculations along the lines of what you described. And if we did, we would look at the automotive industry more broadly and look at it worldwide, in which case our market share, of course, is quite a bit less than the range as you were citing and our addressable market quite a bit bigger. Ryan Brinkman -- JPMorgan Chase and Company -- Analyst Very helpful. Thank you. Operator [Operator instructions] Our next question is from Bret Jordan with Jefferies. Please proceed with your question. Bret Jordan -- Jefferies -- Analyst Hey. Good morning, guys. Jeff Liaw -- President and Chief Executive Officer, North America Bret. Bret Jordan -- Jefferies -- Analyst Could you talk a little bit about specifically the German market, what you're seeing as far as traction there with insurance companies? Jeff Liaw -- President and Chief Executive Officer, North America Yes. And for folks who are new to us, we elaborated a few -- I think it was end of fiscal '19 or '20 on ourearnings callin much greater detail, about our approach to the German market. Most of those themes remain true, which is to say that the business model to date that has been deployed by insurance companies in Germany is very different from how we operate in the U.S., U.K., Canada, Brazil, the Middle East, Finland, for that matter, other major markets in which we participate today. The model that we offer is a liquid auction as opposed to a listing service model that exists there today. And we're working with the insurance carriers to effectively convert the market to a different way of doing business. So it's not per se head-to-head competition against the Copart like market participants, but instead a changing of the market altogether. Today, we are selling cars on an agency basis on behalf of seven of the top 10 insurance carriers in Germany. We do not yet have a national account across the entirety of Germany, but we're working closely with insurance carriers. I think our returns to date have demonstrated the superiority of our approach. We're investing in the land and people, technology, and infrastructure to enable us to provide that service in mass to Germany and continue our progress there. Germany, I think you mentioned, Western Europe, and I think appropriately so, is the biggest and arguably most promising market in Western Europe, but we expect to or aspire to extend our footprint beyond Germany as well. Bret Jordan -- Jefferies -- Analyst And then a quick question on noninsurance. You sort of called out rental and fleet and finance cars. But could you talk about what you're seeing in the dealer market now? Obviously, that was something that has shown some potential a year or two ago. And in addition to the dealer, just sort of a follow-up on that same question, what's been the trend of ASPs in the noninsurance units, obviously, dropping charity and picking up some more of these sort of whole car-type vehicles might be favorable. Jeff Liaw -- President and Chief Executive Officer, North America Yes. So I'll start with the first question on the dealer business. They are an important constituent for Copart today and have been for years. So we -- our Copart dealer Services business in the U.S. and elsewhere continues to pursue that business. It won't surprise you that the dealers are short on cars as well these days new and used, but we have nonetheless -- nonetheless, continue to grow our business among the dealer sellers at Copart broadly speaking. Your second question about the ASP effect. I think there is some \""favorable\"" mix shift, of course, in combination with what is a robust ASP market overall. So I couldn't isolate for you the two effect spread but both are favorable. Bret Jordan -- Jefferies -- Analyst OK. Great. Thank you. Jeff Liaw -- President and Chief Executive Officer, North America Thanks, Bret. Operator Thank you. Our next question is from Ali Faghri with Guggenheim. Please proceed with your question. Ali Faghri -- Guggenheim Partners -- Analyst Hi Jeff and Gavin. Thanks for taking my questions. My first question is on the near-term outlook for total loss frequency since it clearly represents a big headwind to your volume growth right now. Are you seeing any signs of total loss rates troughing and starting to higher again? It seems like we're finally seeing used car pricing normalize and at the same time, vehicle repair costs are also increasing at a more rapid rate. So it would seem like the elements are in place to drive total loss rates higher. And I guess, as part of this, how long do you think it would take to get back up to that 20-plus percent rate of total losses we were at coming into the pandemic? Jeff Liaw -- President and Chief Executive Officer, North America I think the transparency, all these, we don't know precisely. Total loss frequency itself, as you probably appreciate, is a lagging indicator because the accidents happen. It takes x weeks for the cars claim to be resolved via a written estimate being provided to the insurance carrier in some cases, discussions or negotiations with the policyholder and owner of the car; in some cases, subrogation from one insurance carrier to another. So by the time the car is totaled, you are weeks after the accident itself occurred and the economic decisions are themselves made on a huge basket of inputs, including what the cars worth intact for the ACV to use a U.S. expression or PAV, pre-accident value to use a worldwide expression instead. The repair estimates, as you note, are increasing in price, rental car costs remain elevated as well. And so that basket of inputs is plugged into a formulaic position plus policyholder considerations and whether the insurance carrier perceives that is a desirable outcome from the policyholders' perspective or not. So that's all to say that is complex enough that you couldn't look at any single variable if you had theoretical access to every data point inside of Copart. It's not clear what individual metric you look for to see a \""turn\"" in total loss frequency. We're confident that will happen as for the horizon and when exactly it reaches then 19%, again, 20% again or 24% someday. It's harder for us to forecast. Ali Faghri -- Guggenheim Partners -- Analyst Got it. That makes sense. And then as a follow-up, a similar question on the towing cost side. Are you seeing any normalization there yet? I know diesel prices have come lower recently, and I know that's at least one input. Curious what you're seeing on towing costs more recently. Jeff Liaw -- President and Chief Executive Officer, North America I think that's a reasonable observation that the fuel is a part of it, diesel is a part of it. Gasoline prices have softened very meaningfully from the peaks near the beginning of the war. Diesel has moderated less than conventional gasoline but also has moderated as well. So that will ultimately be realized in the form of our towing costs. Ali Faghri -- Guggenheim Partners -- Analyst Great. Thanks, Jeff. Jeff Liaw -- President and Chief Executive Officer, North America Thanks, Ali. Operator Thank you. There are no further questions at this time. I would like to turn the floor back over to Jeff Liaw for any closing comments. Jeff Liaw -- President and Chief Executive Officer, North America Great. Thank you, everyone, for joining our fourth quarter call, and we'll talk to you after the first quarter. Thank you. Operator [Operator signoff] Duration: 0 minutes Call participants: Gavin Renfrew -- Vice President, Global Accounting Jeff Liaw -- President and Chief Executive Officer, North America Bob Labick -- CJS Securities -- Analyst Craig Kennison -- Robert W. Baird and Company -- Analyst Joe Enderlin -- Stephens, Inc. -- Analyst Chris Bottiglieri -- Exane BNP Paribas -- Analyst Ryan Brinkman -- JPMorgan Chase and Company -- Analyst Bret Jordan -- Jefferies -- Analyst Ali Faghri -- Guggenheim Partners -- Analyst More CPRT analysis All earnings call transcripts This article is a transcript of this conference call produced for The Motley Fool. While we strive for our Foolish Best, there may be errors, omissions, or inaccuracies in this transcript. As with all our articles, The Motley Fool does not assume any responsibility for your use of this content, and we strongly encourage you to do your own research, including listening to the call yourself and reading the company's SEC filings. Please see our Terms and Conditions for additional details, including our Obligatory Capitalized Disclaimers of Liability. The Motley Fool recommends Copart. The Motley Fool has a disclosure policy. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Nasdaq 100 Movers: CPRT, REGN In early trading on Thursday, shares of Regeneron Pharmaceuticals (REGN) topped the list of the day's best performing components of the Nasdaq 100 index, trading up 13.8%. Year to date, Regeneron Pharmaceuticals registers a 7.5% gain. And the worst performing Nasdaq 100 component thus far on the day is Copart (CPRT), trading down 5.1%. Copart is lower by about 25.6% looking at the year to date performance. Two other components making moves today are NetEase (NTES), trading down 4.2%, and Moderna (MRNA), trading up 3.8% on the day. VIDEO: Nasdaq 100 Movers: CPRT, REGN The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Copart's (CPRT) Q4 Earnings Beat on Strong Vehicle Sales Copart, Inc. CPRT reported fourth-quarter fiscal 2022 (ended Jul 31, 2022) adjusted earnings per share of $1.13, topping the Zacks Consensus Estimate of $1.08. The outperformance was due to higher-than-anticipated revenues from vehicle sales. The bottom line rose 9.7% year over year from $1.03 reported in the prior-year quarter. Our estimate for fiscal fourth-quarter 2022 EPS was $1.09. The online auto auction leader generated revenues of $883.4 million, beating the Zacks Consensus Estimate of $873 million. The top line also increased 18% from the year-ago reported figure of $748.6 million. Our estimate for the top line was $887.3 million. Copart, Inc. Price, Consensus and EPS Surprise Copart, Inc. price-consensus-eps-surprise-chart | Copart, Inc. Quote Segmental Performance Fiscal fourth-quarter service revenues came in at $707.8 million, up from $620 million recorded in the year-earlier period. Service revenues accounted for 80.1% of the total revenues. The figure missed the consensus mark of $738 million.Our estimate was $750.1 million. Vehicle sales totaled $175.5 million in the quarter, up from the prior-year level of $128.5 million. The figure exceeded the consensus mark of $171 million. Our estimate was $137.3 million. Financial Position Gross profit was up 6.7% year over year to $381.6 million. Total operating expenses flared up 25% to $558.6 million. General and administrative expenses jumped 55.1% from the prior-year quarter to $43.2 million. Operating income, however, increased to $325 million from $301.5 million recorded in the year-ago quarter. Net income inched up 3% year over year to $263.7 million. Copart had cash and cash equivalents of $1,384.2 million as of Jul 31, 2022, compared with $1,048.3 million as of Jul 31, 2021. Long-term debt reduced to $1.9 million at the end of the reported quarter from $397.6 million as of Jul 31, 2021. CPRT currently carries a Zacks Rank #3 (Hold). You can see the complete list of today\u2019s Zacks #1 Rank (Strong Buy) stocks here. Peer Releases Copart\u2019s peers include KAR Auctions Services Inc. KAR and Insurance Auto Auctions, aka IAA, Inc. IAA. KAR Auctions reported fiscal second-quarter 2022 results on Aug 2. It incurred an adjusted loss of 4 cents a share, which widened from 3 cents a share in the year-ago period. The Zacks Consensus Estimate for second-quarter 2022 earnings was pegged at 8 cents a share. Revenues of $384 million rose 2% year over year and came ahead of the consensus mark of $376 million. During the quarter, KAR completed the sale of its ADESA U.S. physical auction business to Carvana. The proceeds from the transaction are being used to reduce debt. KAR exited the quarter with $804 million of cash and cash equivalents. It bought back shares worth $82 million in the second quarter. Insurance Auto reported second-quarter 2022 results on Aug 9. It posted adjusted earnings of 62 cents a share, topping the Zacks Consensus Estimate of 55 cents. The bottom line, however, deteriorated from earnings of 69 cents in the year-ago period. Revenues of $520.3 million rose 16.9% year over year but fell short of the consensus mark of $523 million. This Illinois-based auto auction company envisions fiscal 2022 revenues in the band of $2.02-$2.075 billion. Total adjusted EBITDA is forecast between $540 million and $560 million. Insurance Auto exited the quarter with cash and cash equivalents of $137.6 million. Special Report: The Top 5 IPOs for Your Portfolio Today, you have a chance to get in on the ground floor of one of the best investment opportunities of the year. As the world continues to benefit from an ever-evolving internet, a handful of innovative tech companies are on the brink of reaping immense rewards - and you can put yourself in a position to cash in. One is set to disrupt the online communication industry. Brilliantly designed for creating online communities, this stock is poised to explode when made public. With the strength of our economy and record amounts of cash flooding into IPOs, you don\u2019t want to miss this opportunity. >>See Zacks\u2019 Hottest IPOs Now Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Copart, Inc. (CPRT): Free Stock Analysis Report KAR Auction Services, Inc (KAR): Free Stock Analysis Report IAA, Inc. (IAA): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.""]"
CPRT,2022-09-09,29.265,29.46,28.8075,29.0275,"Nasdaq 100 Movers: TMUS, ZS In early trading on Friday, shares of Zscaler topped the list of the day's best performing components of the Nasdaq 100 index, trading up 18.7%. Year to date, Zscaler has lost about 43.0% of its value. And the worst performing Nasdaq 100 component thus far on the day is T-Mobile, trading down 1.3%. T-Mobile is showing a gain of 23.7% looking at the year to date performance. Two other components making moves today are Copart, trading down 0.9%, and DocuSign, trading up 8.8% on the day. VIDEO: Nasdaq 100 Movers: TMUS, ZS The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
CPRT,2022-09-12,29.17,29.5312,29.065,29.25,"Auto Roundup: CPRT's Quarterly Results, GPI's Portfolio Optimization & More Last week, China vehicle sales data for August was released. Vehicle sales in the world’s largest car market rose 32.1% year over year to 2.38 million units for the third consecutive month on the back of relaxation of COVID-induced curbs as well as stimulus packages offered by the government in an effort to revive the market. Nonetheless, the volumes declined slightly from 2.42 million units sold in July. Sales in the first eight months of 2022, however, inched up 1.7% year on year. Sales of new energy vehicles more than doubled to 632,000 cars from August 2021 levels. On the news front, the online auto auction leader Copart, Inc. CPRT released its quarterly results, wherein it beat both the top-and-bottom-line estimates. Auto retailers Sonic Automotive SAH and Group 1 Automotive GPI continued their expansion initiatives. Focused on portfolio optimization, GPI acquired a BMW/MINI dealership in London. Meanwhile, Sonic added Roseville to its EchoPark footprint. Auto equipment provider Magna International MGA also made the headlines with its collaboration with an autonomous robotics company, Cartken, for fully autonomous delivery robots. Magna’s intensive focus on developing a wide range of products, from electrified power trains and battery enclosures to advanced driver assistance systems, is fueling its long-run prospects. Finally, in what could be one of Europe’s largest IPO, Volkswagen AG VWAGY announced its plans to proceed with the public listing of its celebrated sports car brand, Porsche. The IPO is crucial as it comes at a time when European stocks are staggering amid very high inflation rates and a spiraling energy crisis in the continent due to the Russia-Ukraine standoff. At such crossroads, this IPO is believed to test investors’ confidence. Last Week’s Top Stories Copart reported fourth-quarter fiscal 2022 (ended Jul 31, 2022) adjusted earnings per share of $1.13, topping the Zacks Consensus Estimate of $1.08. The outperformance was due to higher-than-anticipated revenues from vehicle sales. The bottom line rose 9.7% year over year from $1.03 reported in the prior-year quarter. Our estimate for fiscal fourth-quarter 2022 EPS was $1.09. Revenues of $883.4 million beat the Zacks Consensus Estimate of $873 million. The top line also increased 18% from the year-ago reported figure of $748.6 million. Our estimate for the top line was $887.3 million. Fiscal fourth-quarter service revenues came in at $707.8 million, up from $620 million recorded in the year-earlier period. Vehicle sales totaled $175.5 million in the quarter, up from the prior-year level of $128.5 million. Copart had cash and cash equivalents of $1,384.2 million as of Jul 31, 2022, compared with $1,048.3 million as of Jul 31, 2021. Long-term debt reduced to $1.9 million at the end of the reported quarter from $397.6 million as of Jul 31, 2021. Volkswagen announced that it intends to plan Porsche’s IPO at the end of September or the beginning of October this year, subject to capital market conditions. As part of the preparation for the listing, Porsche’s stock has been split into 50% ordinary shares and 50% non-voting preferred stock. VWAGY has decided to list Porsche on the Frankfurt Stock Exchange and offer 25% of preferred stock to private investors through the IPO. Porsche is expected to value in the range of $60-$85 billion. Porsche’s status and reputation as a luxury brand enable it to bump up prices, making it a cash-spinner for the Volkswagen Group. Porsche’s operating profit jumped 22% in the first half of this year, while Volkswagen registered an 8% fall. The IPO would thus be a significant step for Volkswagen to pump up funds to fuel its ambitious EV plans. If the IPO is successful, 49% of its proceeds will be distributed to its shareholders in the form of a special dividend, likely to be paid at the beginning of 2023. Magna and Cartken have inked an agreement per which the former will manufacture Cartken’s autonomous delivery robot fleet to cater to the booming demand for last-mile delivery. The manufacture of Cartken’s Model C robots has begun at a Magna facility in Michigan. There are plans to elevate the yield over the next few months and include additional autonomous delivery models based on the same platform for different use applications and robot-as-a-service business models. Magna is a top player in the domain of automobility, producing a massive number of vehicles across a range of different models. It is already riding on the strength of its portfolio and the changing dynamics of the auto industry. The latest collaboration adds another feather to Magna’s cap. The partnership, leveraging Magna’s know-how in automotive mobility and advanced technologies, is a step toward offering sustainable and cost-effective solutions for last-mile delivery challenges. It will benefit both companies in scaling up their respective businesses. Group 1 announced the buyout of an Essex-based BMW/MINI dealership and a collision center. With this buyout, Group 1 has expanded its foothold further in the UK. The latest purchase has expanded GPI’s UK operations to 56 dealerships and is set to add $80 million to the company’s total annualized sales. The move comes a year after the auto retailer added nine car dealerships to its UK operation with the buyout of Robinsons Motor. Group 1’s acquisitions of dealerships and franchises to expand and optimize its portfolio are bolstering the firm’s prospects. In 2021, the company completed transactions representing $2.5 billion of acquired revenues. So far in 2022, Group 1 completed transactions accounting for $740 billion of acquired revenues. GPI currently carries a Zacks Rank #3 (Hold). You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here. Sonic announced the opening of its newest retail hub in Roseville near Sacramento, CA. This expands its EchoPark Automotive brand. The new facility will be EchoPark's 41st location to date and second in California. Customers will now be able to shop in person or take delivery of their purchase at the new location after browsing through and choosing products on the EchoPark website. From booking an appointment to assisting in doorstep delivery, the website ensures it all. The EchoPark unit has been the major growth engine of Sonic. The EchoPark brand reached more than 30% of the U.S. population at 2021-end and aims for 90% U.S. population coverage by 2025. Importantly, Sonic targets 575,000-unit sales with a nationwide distribution network of more than 140 EchoPark stores by mid-decade. It aims to achieve $14 billion in annual EchoPark revenues by 2025, driving toward the annual vehicle sales goal of 2 million units at maturity. Price Performance The following table shows the price movement of some of the major auto players over the last week and six-month period. Image Source: Zacks Investment Research What’s Next in the Auto Space? Industry watchers and car enthusiasts will keep a close eye on the 2022 Detroit Auto Show beginning on Sep 14. Also, stay tuned for any updates on how automakers will tackle the semiconductor shortage and make changes in their business operations. This Little-Known Semiconductor Stock Could Be Your Portfolio’s Hedge Against Inflation Everyone uses semiconductors. But only a small number of people know what they are and what they do. If you use a smartphone, computer, microwave, digital camera or refrigerator (and that’s just the tip of the iceberg), you have a need for semiconductors. That’s why their importance can’t be overstated and their disruption in the supply chain has such a global effect. But every cloud has a silver lining. Shockwaves to the international supply chain from the global pandemic have unearthed a tremendous opportunity for investors. And today, Zacks' leading stock strategist is revealing the one semiconductor stock that stands to gain the most in a new FREE report. It's yours at no cost and with no obligation. >>Yes, I Want to Help Protect My Portfolio During the Recession Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Magna International Inc. (MGA): Free Stock Analysis Report Group 1 Automotive, Inc. (GPI): Free Stock Analysis Report Copart, Inc. (CPRT): Free Stock Analysis Report Sonic Automotive, Inc. (SAH): Free Stock Analysis Report Volkswagen AG Unsponsored ADR (VWAGY): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
CPRT,2022-09-13,28.605,28.6925,27.495,27.5375,"Copart Enters Oversold Territory (CPRT) Legendary investor Warren Buffett advises to be fearful when others are greedy, and be greedy when others are fearful. One way we can try to measure the level of fear in a given stock is through a technical analysis indicator called the Relative Strength Index, or RSI, which measures momentum on a scale of zero to 100. A stock is considered to be oversold if the RSI reading falls below 30. In trading on Tuesday, shares of Copart Inc (Symbol: CPRT) entered into oversold territory, hitting an RSI reading of 29.2, after changing hands as low as $112.305 per share. By comparison, the current RSI reading of the S&P 500 ETF (SPY) is 44.5. A bullish investor could look at CPRT's 29.2 RSI reading today as a sign that the recent heavy selling is in the process of exhausting itself, and begin to look for entry point opportunities on the buy side. The chart below shows the one year performance of CPRT shares: Looking at the chart above, CPRT's low point in its 52 week range is $102.21 per share, with $161.12 as the 52 week high point — that compares with a last trade of $112.14. Find out what 9 other oversold stocks you need to know about » The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
CPRT,2022-09-14,27.59,27.7462,27.1938,27.69,
CPRT,2022-09-15,27.6075,27.94,27.525,27.6525,
CPRT,2022-09-16,27.5525,27.6575,27.295,27.525,
CPRT,2022-09-19,27.4225,27.8538,27.3925,27.7725,
CPRT,2022-09-20,27.6775,27.6775,27.2875,27.5225,
CPRT,2022-09-21,27.665,27.9325,26.9675,26.97,
CPRT,2022-09-22,26.7775,26.9075,26.215,26.27,
CPRT,2022-09-23,26.2425,26.5425,26.1425,26.535,
CPRT,2022-09-26,26.7175,27.155,26.6025,26.6525,
CPRT,2022-09-27,26.83,27.2825,26.7469,27.2075,
CPRT,2022-09-28,27.4475,28.0025,27.105,27.8,"First Week of May 2023 Options Trading For Copart (CPRT) Investors in Copart Inc (Symbol: CPRT) saw new options begin trading this week, for the May 2023 expiration. One of the key data points that goes into the price an option buyer is willing to pay, is the time value, so with 233 days until expiration the newly trading contracts represent a potential opportunity for sellers of puts or calls to achieve a higher premium than would be available for the contracts with a closer expiration. At Stock Options Channel, our YieldBoost formula has looked up and down the CPRT options chain for the new May 2023 contracts and identified one put and one call contract of particular interest. The put contract at the $95.00 strike price has a current bid of $5.20. If an investor was to sell-to-open that put contract, they are committing to purchase the stock at $95.00, but will also collect the premium, putting the cost basis of the shares at $89.80 (before broker commissions). To an investor already interested in purchasing shares of CPRT, that could represent an attractive alternative to paying $109.55/share today. Because the $95.00 strike represents an approximate 13% discount to the current trading price of the stock (in other words it is out-of-the-money by that percentage), there is also the possibility that the put contract would expire worthless. The current analytical data (including greeks and implied greeks) suggest the current odds of that happening are 78%. Stock Options Channel will track those odds over time to see how they change, publishing a chart of those numbers on our website under the contract detail page for this contract. Should the contract expire worthless, the premium would represent a 5.47% return on the cash commitment, or 8.57% annualized — at Stock Options Channel we call this the YieldBoost. Below is a chart showing the trailing twelve month trading history for Copart Inc, and highlighting in green where the $95.00 strike is located relative to that history: Turning to the calls side of the option chain, the call contract at the $115.00 strike price has a current bid of $9.80. If an investor was to purchase shares of CPRT stock at the current price level of $109.55/share, and then sell-to-open that call contract as a ""covered call,"" they are committing to sell the stock at $115.00. Considering the call seller will also collect the premium, that would drive a total return (excluding dividends, if any) of 13.92% if the stock gets called away at the May 2023 expiration (before broker commissions). Of course, a lot of upside could potentially be left on the table if CPRT shares really soar, which is why looking at the trailing twelve month trading history for Copart Inc, as well as studying the business fundamentals becomes important. Below is a chart showing CPRT's trailing twelve month trading history, with the $115.00 strike highlighted in red: Considering the fact that the $115.00 strike represents an approximate 5% premium to the current trading price of the stock (in other words it is out-of-the-money by that percentage), there is also the possibility that the covered call contract would expire worthless, in which case the investor would keep both their shares of stock and the premium collected. The current analytical data (including greeks and implied greeks) suggest the current odds of that happening are 48%. On our website under the contract detail page for this contract, Stock Options Channel will track those odds over time to see how they change and publish a chart of those numbers (the trading history of the option contract will also be charted). Should the covered call contract expire worthless, the premium would represent a 8.95% boost of extra return to the investor, or 14.01% annualized, which we refer to as the YieldBoost. The implied volatility in the put contract example is 40%, while the implied volatility in the call contract example is 34%. Meanwhile, we calculate the actual trailing twelve month volatility (considering the last 252 trading day closing values as well as today's price of $109.55) to be 32%. For more put and call options contract ideas worth looking at, visit StockOptionsChannel.com. Top YieldBoost Calls of the Nasdaq 100 » The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
CPRT,2022-09-29,27.575,27.75,27.28,27.445,"Nasdaq Bear Market: 2 Unbelievable Stocks You'll Regret Not Buying on the Dip The Nasdaq index is down over 30% this year and even more from its 52-week high in November 2021. Now that it is entrenched in bear market territory, it can be scary for investors. But smart investors understand the history of bear markets and what they all have in common. More importantly, they know how to get richer base on that knowledge. There have been 22 bear markets since 1928 (measured by the S&P 500 index). Those bear markets have ranged from a 20.6% decline (barely meeting the negative 20% threshold) to 83% in the depths of the Great Depression in 1930. And the one thing every bear market has in common: They all were followed by a recovery. Some of those bear markets have yielded spectacular bull markets. For instance, the bear market in 1949 reached its lowest level on June 13. The ensuing bull market ran for more than seven years and gained 267.1% when it peaked. When the Great Recession troughed on March 9, 2009, a bull market produced a 400.5% gain and lasted 1,997 days (nearly five and a half years). Perhaps most astonishingly, the bear market induced by Black Monday reached its nadir on Dec. 4, 1987. After that, it only took 701 days (less than two years) for the market to gain 582.1%. It's difficult to see your account evaporate from a bear market and have the fortitude to buy more beaten-down shares, but that's what smart investors do. One of the smartest, Warren Buffett, said that when it's raining gold, don't bring out a thimble, bring a bucket. In other words, bear markets are gifts that offer investors a chance to buy the stocks of competitively advantaged companies at great prices. Doing so can lead to unbelievable long-term results. Here's a look at two stocks that could lead the market recovery. 1. Speaking of Warren Buffett, he's been buying Apple Apple (NASDAQ: AAPL) is an excellent example of a competitively advantaged company whose stock went on sale during the 2009 bear market. At the bottom of the market, Apple stock closed at $2.97 per share (adjusted for stock splits). Had you bought about $1,000 worth of the stock, you would've received 336 shares. At the time of this writing, 4,949 days later (about 13 1/2 years), Apple stock has vaulted by 4,984% to $151, and your $1,000 would be worth $50,736. The incredible gain doesn't even count the $2,207.40 in dividends you would have received. The dividends alone would have doubled your $1,000 investment and then some. Is Apple stock still a buy right now? Warren Buffett thinks so. His company, Berkshire Hathaway (NYSE: BRK.A) (NYSE: BRK.B), has been a shareholder since 2016 and bought more shares in the first and second quarters of this year. Buffett thinks Apple is one of the best companies in the world. Image source: Getty Images. Apple's iPhone is one of the world's most popular smartphones. It has about 50% of the U.S. smartphone market. But the company's rapidly expanding services segment probably also attracted Buffett. iPhone users can download music from the Apple Music app, make contactless payments with Apple Pay, and store their photos in the iCloud. These services are growing by leaps and bounds, and the segment has become more profitable as it grows. In 2017, when Apple first disclosed the data, its services segment generated $32.7 billion in revenue. By 2021, services revenue had grown by 109% to $68.4 billion. More important are profits. Apple's services are digital, so it costs the company very little to add new customers or for existing customers to add new services. Gross margin from services was 55% in 2017, and by 2021, the gross margin from the services segment had jumped to nearly 70%. That's more than the 35.7% gross margin from products like iPhones, Macs, and iPads. In dollar terms, the gross margin from the services segment rose 165% from $17.9 billion in 2017 to $47.7 billion in 2019. Apple is looking to expand its services segment in the long run. Contactless payments systems like Apple Pay have increased dramatically due to the pandemic. Apple Pay recently surpassed payment giant Mastercard in transaction volume. As iPhone users continue accumulating selfies and downloading the newest music, iCloud and Apple Music can also expand. And AppleTV looks to build on its successful launch of Ted Lasso. What's most important to investors is that the stock dropped 17% this year and trades at a price-to-earnings ratio of under 25 times. Buffett was a buyer in the first two quarters of the year, and the bear market is now offering investors an opportunity to buy Apple at a similar value to his buys this year. 2. EV growth means big business for Copart Copart's (NASDAQ: CPRT) dull business will get significantly more exciting in the years to come. The company is a reseller of damaged cars. Its primary sources of damaged vehicles are insurance companies, which deem a damaged car a ""total loss"" when it costs more to repair than to pay a claim. They rely on Copart's digital salvage business to file the necessary paperwork quickly and sell the car to dealers who salvage the vehicle for its parts. Copart's online auction platform allows buyers to access thousands of vehicles from the company's network. The buyers are primarily dismantlers that refurbish undamaged parts and resell them. Rebuilders and used car dealers also buy and repair cars at a lower cost than the insurance companies can and resell them. Copart keeps a percentage of the sales price for itself. Image source: Getty Images. Copart was one of the first auto salvage companies to introduce an online auction platform. It reduced the time and money insurance companies must spend on selling and filing total-loss claims. More importantly, though, the platform sells salvage cars within seven days. Buyers can get deals done faster, and insurance companies can get paid faster. The company's first-mover advantage with its auction platform allowed it to grow its market share from slower-moving physical-site auction companies. The platform also enables Copart to acquire smaller auction competitors, plug them into its platform, and quickly scale them up. The results have been tremendous. Over the last decade, Copart has increased its revenue by 208.7%, from $872.2 million in 2011 to $2.69 billion. Due to the scale advantage of its online platform, net income grew even faster over that time, from $166.3 million to $936.5 million or 463%. More impressively, the stock closed at $11.97 at the end of 2011 and increased by 1,167% to $151.62 by the end of 2021. But electric vehicles (EVs) will change the game. EVs are equipped with cameras, microprocessors, and perimeter sensors. Many of those instruments make the vehicles safer, but the repair costs are significantly higher. That means insurance companies deem EV total losses at a higher frequency than other cars. Though the EV market is still in its early stages, buyers have found that they're making more money on EV salvages. As the EV market continues to gain steam over the next several years, more buyers and sellers should benefit Copart handsomely. If you missed Copart stock over the last decade, today's bear market is giving you another chance. The company has shed $14.38 billion in market cap since the beginning of the year and trades at a price-to-earnings ratio of 23.7 times. Outside of the COVID-19 bear market in March of 2020, the stock hasn't traded at a valuation that attractive since 2017. Invest now or wait? The bear market is giving investors a chance to buy shares of great companies at low prices. We don't know when a bull market will sweep in and carry stocks higher, but it will. Buying stocks now will take patience and the fortitude not to sell until the recovery is in full force, but it can generously reward steadfast investors in the long run. They might seriously regret waiting. 10 stocks we like better than Apple When our award-winning analyst team has a stock tip, it can pay to listen. After all, the newsletter they have run for over a decade, Motley Fool Stock Advisor, has tripled the market.* They just revealed what they believe are the ten best stocks for investors to buy right now... and Apple wasn't one of them! That's right -- they think these 10 stocks are even better buys. See the 10 stocks *Stock Advisor returns as of August 17, 2022 BJ Cook has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Apple, Berkshire Hathaway (B shares), and Mastercard. The Motley Fool recommends Copart and recommends the following options: long January 2023 $200 calls on Berkshire Hathaway (B shares), long March 2023 $120 calls on Apple, short January 2023 $200 puts on Berkshire Hathaway (B shares), short January 2023 $265 calls on Berkshire Hathaway (B shares), and short March 2023 $130 calls on Apple. The Motley Fool has a disclosure policy. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
CPRT,2022-09-30,27.47,27.6275,26.5375,26.6,"Will Weakness in Copart, Inc.'s (NASDAQ:CPRT) Stock Prove Temporary Given Strong Fundamentals? Copart (NASDAQ:CPRT) has had a rough month with its share price down 8.6%. However, stock prices are usually driven by a company’s financial performance over the long term, which in this case looks quite promising. Specifically, we decided to study Copart's ROE in this article. Return on Equity or ROE is a test of how effectively a company is growing its value and managing investors’ money. In short, ROE shows the profit each dollar generates with respect to its shareholder investments. How To Calculate Return On Equity? Return on equity can be calculated by using the formula: Return on Equity = Net Profit (from continuing operations) ÷ Shareholders' Equity So, based on the above formula, the ROE for Copart is: 24% = US$1.1b ÷ US$4.6b (Based on the trailing twelve months to July 2022). The 'return' is the profit over the last twelve months. One way to conceptualize this is that for each $1 of shareholders' capital it has, the company made $0.24 in profit. Why Is ROE Important For Earnings Growth? Thus far, we have learned that ROE measures how efficiently a company is generating its profits. Depending on how much of these profits the company reinvests or ""retains"", and how effectively it does so, we are then able to assess a company’s earnings growth potential. Assuming all else is equal, companies that have both a higher return on equity and higher profit retention are usually the ones that have a higher growth rate when compared to companies that don't have the same features. Copart's Earnings Growth And 24% ROE To begin with, Copart has a pretty high ROE which is interesting. Additionally, the company's ROE is higher compared to the industry average of 13% which is quite remarkable. So, the substantial 24% net income growth seen by Copart over the past five years isn't overly surprising. We then compared Copart's net income growth with the industry and we're pleased to see that the company's growth figure is higher when compared with the industry which has a growth rate of 4.0% in the same period. NasdaqGS:CPRT Past Earnings Growth September 30th 2022 Earnings growth is an important metric to consider when valuing a stock. What investors need to determine next is if the expected earnings growth, or the lack of it, is already built into the share price. This then helps them determine if the stock is placed for a bright or bleak future. Is CPRT fairly valued? This infographic on the company's intrinsic value has everything you need to know. Is Copart Using Its Retained Earnings Effectively? Copart doesn't pay any dividend currently which essentially means that it has been reinvesting all of its profits into the business. This definitely contributes to the high earnings growth number that we discussed above. Summary On the whole, we feel that Copart's performance has been quite good. Specifically, we like that the company is reinvesting a huge chunk of its profits at a high rate of return. This of course has caused the company to see substantial growth in its earnings. That being so, a study of the latest analyst forecasts show that the company is expected to see a slowdown in its future earnings growth. Are these analysts expectations based on the broad expectations for the industry, or on the company's fundamentals? Click here to be taken to our analyst's forecasts page for the company. Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) simplywallst.com. This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
CPRT,2022-10-03,26.93,27.595,26.8138,27.4125,
CPRT,2022-10-04,27.89,28.49,27.89,28.4725,
CPRT,2022-10-05,27.985,28.4675,27.8738,28.1975,
CPRT,2022-10-06,28.18,28.58,28.135,28.33,
CPRT,2022-10-07,27.9725,28.14,27.3125,27.42,"Why Is Copart, Inc. (CPRT) Down 3.1% Since Last Earnings Report? A month has gone by since the last earnings report for Copart, Inc. (CPRT). Shares have lost about 3.1% in that time frame, outperforming the S&P 500. Will the recent negative trend continue leading up to its next earnings release, or is Copart, Inc. due for a breakout? Before we dive into how investors and analysts have reacted as of late, let's take a quick look at its most recent earnings report in order to get a better handle on the important drivers. Copart Q4 Earnings & Revenues Beat Estimates, Up Y/Y Copart reported fourth-quarter fiscal 2022 (ended Jul 31, 2022) adjusted earnings per share of $1.13, topping the Zacks Consensus Estimate of $1.08. The outperformance was due to higher-than-anticipated revenues from vehicle sales. The bottom line rose 9.7% year over year from $1.03 reported in the prior-year quarter. Our estimate for fiscal fourth-quarter 2022 EPS was $1.09. The online auto auction leader generated revenues of $883.4 million, beating the Zacks Consensus Estimate of $873 million. The top line also increased 18% from the year-ago reported figure of $748.6 million. Our estimate for the top line was $887.3 million. Segmental Performance Fiscal fourth-quarter service revenues came in at $707.8 million, up from $620 million recorded in the year-earlier period. Service revenues accounted for 80.1% of the total revenues. The figure missed the consensus mark of $738 million. Our estimate was $750.1 million. Vehicle sales totaled $175.5 million in the quarter, up from the prior-year level of $128.5 million. The figure exceeded the consensus mark of $171 million. Our estimate was $137.3 million. Financial Position Gross profit was up 6.7% year over year to $381.6 million. Total operating expenses flared up 25% to $558.6 million. General and administrative expenses jumped 55.1% from the prior-year quarter to $43.2 million. Operating income, however, increased to $325 million from $301.5 million recorded in the year-ago quarter. Net income inched up 3% year over year to $263.7 million. Copart had cash and cash equivalents of $1,384.2 million as of Jul 31, 2022, compared with $1,048.3 million as of Jul 31, 2021. Long-term debt reduced to $1.9 million at the end of the reported quarter from $397.6 million as of Jul 31, 2021. How Have Estimates Been Moving Since Then? In the past month, investors have witnessed a downward trend in estimates revision. VGM Scores At this time, Copart, Inc. has an average Growth Score of C, though it is lagging a bit on the Momentum Score front with a D. Following the exact same course, the stock was allocated a grade of D on the value side, putting it in the bottom 40% for this investment strategy. Overall, the stock has an aggregate VGM Score of D. If you aren't focused on one strategy, this score is the one you should be interested in. Outlook Estimates have been broadly trending downward for the stock, and the magnitude of these revisions has been net zero. Notably, Copart, Inc. has a Zacks Rank #3 (Hold). We expect an in-line return from the stock in the next few months. Zacks Names ""Single Best Pick to Double"" From thousands of stocks, 5 Zacks experts each have chosen their favorite to skyrocket +100% or more in months to come. From those 5, Director of Research Sheraz Mian hand-picks one to have the most explosive upside of all. It’s a little-known chemical company that’s up 65% over last year, yet still dirt cheap. With unrelenting demand, soaring 2022 earnings estimates, and $1.5 billion for repurchasing shares, retail investors could jump in at any time. This company could rival or surpass other recent Zacks’ Stocks Set to Double like Boston Beer Company which shot up +143.0% in little more than 9 months and NVIDIA which boomed +175.9% in one year. Free: See Our Top Stock and 4 Runners Up >> Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Copart, Inc. (CPRT): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
CPRT,2022-10-10,27.56,27.9625,27.38,27.7175,"Pre-market Movers: HRMY, MPTI, LUCY, NURO, ACMR… (RTTNews) - The following are some of the stocks making big moves in Monday's pre-market trading (as of 06.30 A.M. ET). In the Green M-tron Industries, Inc. (MPTI) is up over 19% at $18.12 NeuroMetrix, Inc. (NURO) is up over 16% at $3.30 Enveric Biosciences, Inc. (ENVB) is up over 14% at $4.55 Murphy Oil Corporation (MUR) is up over 7% at $47.00 Presto Automation, Inc. (PRST) is up over 7% at $2.11 GMS Inc. (GMS) is up over 6% at $45.73 XPEL, Inc. (XPEL) is up over 5% at $65.04 In the Red Harmony Biosciences Holdings, Inc. (HRMY) is down over 19% at $38.02 Innovative Eyewear, Inc. (LUCY) is down over 17% at $2.17 ACM Research, Inc. (ACMR) is down over 15% at $10.35 Inpixon (INPX) is down over 14% at $5.26 Biohaven Ltd. (BHVN) is down over 13% at $11.10 Brookfield Business Partners L.P. (BBU) is down over 8% at $17.63 Helix Energy Solutions Group, Inc. (HLX) is down over 6% at $4.23 Copart, Inc. (CPRT) is down over 5% at $104.00 Credit Suisse Group AG (CS) is down over 5% at $4.57 SOS Limited (SOS) is down over 5% at $4.22 The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
CPRT,2022-10-11,27.58,27.7525,27.1825,27.465,
CPRT,2022-10-12,27.6275,27.75,27.34,27.675,
CPRT,2022-10-13,26.8875,27.86,26.445,27.635,
CPRT,2022-10-14,28.0175,28.0775,26.9188,26.96,
CPRT,2022-10-17,27.615,27.975,27.4175,27.73,
CPRT,2022-10-18,28.44,28.6712,27.9625,28.135,
CPRT,2022-10-19,27.835,28.0375,27.4975,27.7375,
CPRT,2022-10-20,27.8,28.06,27.1312,27.2025,
CPRT,2022-10-21,27.13,27.4675,26.8775,27.4075,
CPRT,2022-10-24,27.5725,27.895,27.2962,27.785,
CPRT,2022-10-25,27.9125,28.4388,27.87,28.4075,
CPRT,2022-10-26,28.4775,29.0725,28.4,28.4625,
CPRT,2022-10-27,28.525,28.84,28.2275,28.3525,
CPRT,2022-10-28,28.3625,29.1225,28.14,29.09,
CPRT,2022-10-31,28.9,29.075,28.6075,28.755,
CPRT,2022-11-01,28.9875,29.18,28.7375,28.775,
CPRT,2022-11-02,28.765,29.16,28.0025,28.015,
CPRT,2022-11-03,27.785,28.8088,27.68,28.3475,
CPRT,2022-11-04,28.665,29.03,28.08,28.69,
CPRT,2022-11-07,29.055,29.185,28.515,28.545,"Ritchie Bros. (RBA) Q3 Earnings and Revenues Top Estimates Ritchie Bros. (RBA) came out with quarterly earnings of $0.53 per share, beating the Zacks Consensus Estimate of $0.39 per share. This compares to earnings of $0.44 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of 35.90%. A quarter ago, it was expected that this heavy equipment auctioneer would post earnings of $0.63 per share when it actually produced earnings of $0.74, delivering a surprise of 17.46%. Over the last four quarters, the company has surpassed consensus EPS estimates three times. Ritchie Bros., which belongs to the Zacks Auction and Valuation Services industry, posted revenues of $411.48 million for the quarter ended September 2022, surpassing the Zacks Consensus Estimate by 10.83%. This compares to year-ago revenues of $329.68 million. The company has topped consensus revenue estimates three times over the last four quarters. The sustainability of the stock's immediate price movement based on the recently-released numbers and future earnings expectations will mostly depend on management's commentary on the earnings call. Ritchie Bros. Shares have added about 1.8% since the beginning of the year versus the S&P 500's decline of -20.9%. What's Next for Ritchie Bros. While Ritchie Bros. Has outperformed the market so far this year, the question that comes to investors' minds is: what's next for the stock? There are no easy answers to this key question, but one reliable measure that can help investors address this is the company's earnings outlook. Not only does this include current consensus earnings expectations for the coming quarter(s), but also how these expectations have changed lately. Empirical research shows a strong correlation between near-term stock movements and trends in earnings estimate revisions. Investors can track such revisions by themselves or rely on a tried-and-tested rating tool like the Zacks Rank, which has an impressive track record of harnessing the power of earnings estimate revisions. Ahead of this earnings release, the estimate revisions trend for Ritchie Bros. Mixed. While the magnitude and direction of estimate revisions could change following the company's just-released earnings report, the current status translates into a Zacks Rank #3 (Hold) for the stock. So, the shares are expected to perform in line with the market in the near future. You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here. It will be interesting to see how estimates for the coming quarters and current fiscal year change in the days ahead. The current consensus EPS estimate is $0.55 on $412.23 million in revenues for the coming quarter and $2.14 on $1.66 billion in revenues for the current fiscal year. Investors should be mindful of the fact that the outlook for the industry can have a material impact on the performance of the stock as well. In terms of the Zacks Industry Rank, Auction and Valuation Services is currently in the top 37% of the 250 plus Zacks industries. Our research shows that the top 50% of the Zacks-ranked industries outperform the bottom 50% by a factor of more than 2 to 1. Copart, Inc. (CPRT), another stock in the same industry, has yet to report results for the quarter ended October 2022. This company is expected to post quarterly earnings of $0.55 per share in its upcoming report, which represents a year-over-year change of -48.6%. The consensus EPS estimate for the quarter has remained unchanged over the last 30 days. Copart, Inc.'s revenues are expected to be $884.47 million, up 9.2% from the year-ago quarter. Infrastructure Stock Boom to Sweep America A massive push to rebuild the crumbling U.S. infrastructure will soon be underway. It’s bipartisan, urgent, and inevitable. Trillions will be spent. Fortunes will be made. The only question is “Will you get into the right stocks early when their growth potential is greatest?” Zacks has released a Special Report to help you do just that, and today it’s free. Discover 5 special companies that look to gain the most from construction and repair to roads, bridges, and buildings, plus cargo hauling and energy transformation on an almost unimaginable scale. Download FREE: How To Profit From Trillions On Spending For Infrastructure >> Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Ritchie Bros. Auctioneers Incorporated (RBA): Free Stock Analysis Report Copart, Inc. (CPRT): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
CPRT,2022-11-08,28.715,28.965,27.99,28.445,
CPRT,2022-11-09,28.265,28.38,27.79,27.835,
CPRT,2022-11-10,29.36,30.255,29.28,30.23,"Why Copart, Inc. (CPRT) is Poised to Beat Earnings Estimates Again Looking for a stock that has been consistently beating earnings estimates and might be well positioned to keep the streak alive in its next quarterly report? Copart, Inc. (CPRT), which belongs to the Zacks Auction and Valuation Services industry, could be a great candidate to consider. When looking at the last two reports, this company has recorded a strong streak of surpassing earnings estimates. The company has topped estimates by 3.64%, on average, in the last two quarters. For the most recent quarter, Copart, Inc. Was expected to post earnings of $0.54 per share, but it reported $0.57 per share instead, representing a surprise of 5.56%. For the previous quarter, the consensus estimate was $0.58 per share, while it actually produced $0.59 per share, a surprise of 1.72%. Price and EPS Surprise Thanks in part to this history, there has been a favorable change in earnings estimates for Copart, Inc. Lately. In fact, the Zacks Earnings ESP (Expected Surprise Prediction) for the stock is positive, which is a great indicator of an earnings beat, particularly when combined with its solid Zacks Rank. Our research shows that stocks with the combination of a positive Earnings ESP and a Zacks Rank #3 (Hold) or better produce a positive surprise nearly 70% of the time. In other words, if you have 10 stocks with this combination, the number of stocks that beat the consensus estimate could be as high as seven. The Zacks Earnings ESP compares the Most Accurate Estimate to the Zacks Consensus Estimate for the quarter; the Most Accurate Estimate is a version of the Zacks Consensus whose definition is related to change. The idea here is that analysts revising their estimates right before an earnings release have the latest information, which could potentially be more accurate than what they and others contributing to the consensus had predicted earlier. Copart, Inc. Has an Earnings ESP of +2.05% at the moment, suggesting that analysts have grown bullish on its near-term earnings potential. When you combine this positive Earnings ESP with the stock's Zacks Rank #3 (Hold), it shows that another beat is possibly around the corner. The company's next earnings report is expected to be released on November 16, 2022. Investors should note, however, that a negative Earnings ESP reading is not indicative of an earnings miss, but a negative value does reduce the predictive power of this metric. Many companies end up beating the consensus EPS estimate, but that may not be the sole basis for their stocks moving higher. On the other hand, some stocks may hold their ground even if they end up missing the consensus estimate. Because of this, it's really important to check a company's Earnings ESP ahead of its quarterly release to increase the odds of success. Make sure to utilize our Earnings ESP Filter to uncover the best stocks to buy or sell before they've reported. Free Report Reveals How You Could Profit from the Growing Electric Vehicle Industry Globally, electric car sales continue their remarkable growth even after breaking records in 2021. High gas prices have fueled his demand, but so has evolving EV comfort, features and technology. So, the fervor for EVs will be around long after gas prices normalize. Not only are manufacturers seeing record-high profits, but producers of EV-related technology are raking in the dough as well. Do you know how to cash in? If not, we have the perfect report for you – and it’s FREE! Today, don't miss your chance to download Zacks' top 5 stocks for the electric vehicle revolution at no cost and with no obligation. >>Send me my free report on the top 5 EV stocks Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Copart, Inc. (CPRT): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
CPRT,2022-11-11,30.265,30.935,30.26,30.78,
CPRT,2022-11-14,30.735,31.185,30.6,30.62,"[""Why Copart (CPRT) Might Surprise This Earnings Season Investors are always looking for stocks that are poised to beat at earnings season and Copart, Inc. CPRT may be one such company. The firm has earnings coming up pretty soon, and events are shaping up quite nicely for their report. That is because Copart is seeing favorable earnings estimate revision activity as of late, which is generally a precursor to an earnings beat. After all, analysts raising estimates right before earnings \u2014 with the most up-to-date information possible \u2014 is a pretty good indicator of some favorable trends underneath the surface for CPRT in this report. In fact, the Most Accurate Estimate for the current quarter is currently at 56 cents per share for CPRT, compared to a broader Zacks Consensus Estimate of 55 cents per share. This suggests that analysts have very recently bumped up their estimates for CPRT, giving the stock a Zacks Earnings ESP of +2.05% heading into earnings season. Copart, Inc. Price and EPS Surprise Copart, Inc. price-eps-surprise | Copart, Inc. Quote Why is this Important? A positive reading for the Zacks Earnings ESP has proven to be very powerful in producing both positive surprises, and outperforming the market. Our recent 10-year backtest shows that stocks that have a positive Earnings ESP and a Zacks Rank #3 (Hold) or better show a positive surprise nearly 70% of the time, and have returned over 28% on average in annual returns (see more Top Earnings ESP stocks here). Given that CPRT has a Zacks Rank #3 and an ESP in positive territory, investors might want to consider this stock ahead of earnings. You can see the complete list of today\u2019s Zacks #1 Rank (Strong Buy) stocks here. Clearly, recent earnings estimate revisions suggest that good things are ahead for Copart, and that a beat might be in the cards for the upcoming report. Just Released: Free Report Reveals Little-Known Strategies to Help Profit from the $30 Trillion Metaverse Boom It's undeniable. The metaverse is gaining steam every day. Just follow the money. Google. Microsoft. Adobe. Nike. Facebook even rebranded itself as Meta because Mark Zuckerberg believes the metaverse is the next iteration of the internet. The inevitable result? Many investors will get rich as the metaverse evolves. What do they know that you don't? They\u2019re aware of the companies best poised to grow as the metaverse does. And in a new FREE report, Zacks is revealing those stocks to you. This week, you can download, The Metaverse - What is it? And How to Profit with These 5 Pioneering Stocks. It reveals specific stocks set to skyrocket as this emerging technology develops and expands. Don't miss your chance to access it for free with no obligation. >>Show me how I could profit from the metaverse! Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Copart, Inc. (CPRT): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Here's Why We Expect Q1 Earnings Beat From Copart (CPRT) Copart, Inc. CPRT is set to release first-quarter fiscal 2023 results on Nov 16, after the closing bell. The Zacks Consensus Estimate for the quarter\u2019s earnings per share and revenues is 55 cents and $884.5 million, respectively. The Zacks Consensus Estimate for quarterly revenues indicates a 9.2% rise year over year. The Zacks Consensus Estimate for fiscal first-quarter earnings has remained stable over the past 90 days. The bottom-line forecast calls for an increase of 1.8% year over year. In the last reported quarter, this Texas-based online vehicle auctioning company posted earnings beat on higher-than-expected revenues from vehicle sales. The bottom line also edged up 9.7% year over year. Copart surpassed the Zacks Consensus Estimate in the trailing four quarters, with the average being 5.1%. Copart, Inc. Price and EPS Surprise Copart, Inc. price-eps-surprise | Copart, Inc. Quote Factors at Play Salvage auction volumes are likely to have remained elevated amid increased vehicle miles traveled and higher collision frequency. Additionally, aging vehicles and technologically-advanced auto parts may have also positively impacted Copart\u2019s results. The costs of replacing such sophisticated components are extremely high, prompting insurance agencies to declare the vehicles as total loss. An expected increase in total loss rates is expected to have aided Copart\u2019s top line. Copart\u2019s active presence in the United States and international markets is likely to have bolstered the firm\u2019s performance during the to-be-reported quarter. The Zacks Consensus Estimate for service revenues is pegged at $729 million, indicating an uptick of 9.1% year over year. Also, the consensus mark for vehicle sales is $164 million, calling for a rise from $142 million reported in the prior-year quarter. Copart\u2019s buyout of Kentucky-based online auctioning platform, Vincent Auto Solutions, strengthened its footprint in Western Kentucky and is likely to have contributed to sales during the quarter to be reported. The launch of Copart Max has stepped up its digital game. Robust demand for vehicle remarketing services and higher average selling prices from international online bidders are expected to reflect positively on its upcoming results. Yet, rising operating expenses and high storage and labor costs are expected to have dented margins. Also, increased investments due to business expansion are likely to have clipped Copart\u2019s bottom line to some extent. What the Zacks Model Says Our proven model predicts an earnings beat for Copart this time around. The combination of a positive Earnings ESP and a Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold) increases the odds of an earnings beat. Earnings ESP: It has an Earnings ESP of +2.05%. This is because the Most Accurate Estimate of earnings is pegged a penny higher than the Zacks Consensus Estimate. You can uncover the best stocks to buy or sell before they\u2019re reported with our Earnings ESP Filter. Zacks Rank: Copart currently carries a Zacks Rank of 3. You can see the complete list of today\u2019s Zacks #1 Rank stocks here. Peer Releases Copart\u2019s peers include KAR Auctions Services Inc. KAR and Insurance Auto Auctions, aka IAA, Inc. IAA. KAR Auctions reported third-quarter 2022 results on Nov 1. It posted adjusted earnings of 5 cents a share, which missed the Zacks Consensus Estimate of 15 cents and declined from the year-ago earnings of 8 cents. The company posted revenues of $393 million for the quarter ended September 2022, missing the Zacks Consensus Estimate by 0.01%. This compares to the year-ago revenues of $535.2 million. Over the last four quarters, KAR missed earnings estimates thrice while beating on the other occasion, the average negative surprise being 52.5%. The Zacks Consensus Estimate for KAR Auction\u2019s 2022 earnings and sales estimates imply a year-over-year decline of 62% and 33%, respectively. Insurance Auto reported third-quarter fiscal 2022 results on Nov 7. It came out with quarterly earnings of 45 cents per share, missing the Zacks Consensus Estimate of 51 cents and declining from 52 cents a year ago. However, revenues of $497.5 million for the quarter ended October 2022 surpassed the Zacks Consensus Estimate by 3.56% and rose from $420.7 million recorded in the year-ago period. Over the last four quarters, IAA beat the earnings estimates thrice and missed on the other occasion, the average surprise being 6.4%. The Zacks Consensus Estimate for IAA 2022 earnings implies a year-over-year decline of 3%, while that for sales indicates year-over-year growth of 13%. Stay on top of upcoming earnings announcements with the Zacks Earnings Calendar. Just Released: Free Report Reveals Little-Known Strategies to Help Profit from the $30 Trillion Metaverse Boom It's undeniable. The metaverse is gaining steam every day. Just follow the money. Google. Microsoft. Adobe. Nike. Facebook even rebranded itself as Meta because Mark Zuckerberg believes the metaverse is the next iteration of the internet. The inevitable result? Many investors will get rich as the metaverse evolves. What do they know that you don't? They\u2019re aware of the companies best poised to grow as the metaverse does. And in a new FREE report, Zacks is revealing those stocks to you. This week, you can download, The Metaverse - What is it? And How to Profit with These 5 Pioneering Stocks. It reveals specific stocks set to skyrocket as this emerging technology develops and expands. Don't miss your chance to access it for free with no obligation. >>Show me how I could profit from the metaverse! Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Copart, Inc. (CPRT): Free Stock Analysis Report KAR Auction Services, Inc (KAR): Free Stock Analysis Report IAA, Inc. (IAA): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.""]"
CPRT,2022-11-15,31.26,31.595,30.825,31.03,"Atento (ATTO) Surpasses Q3 Earnings Estimates Atento (ATTO) came out with quarterly earnings of $0.10 per share, beating the Zacks Consensus Estimate of a loss of $0.10 per share. This compares to earnings of $0.14 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of 200%. A quarter ago, it was expected that this customer relationship management and business process outsourcing services company would post a loss of $0.15 per share when it actually produced a loss of $0.13, delivering a surprise of 13.33%. Over the last four quarters, the company has surpassed consensus EPS estimates three times. Atento, which belongs to the Zacks Outsourcing industry, posted revenues of $346.8 million for the quarter ended September 2022, missing the Zacks Consensus Estimate by 1.65%. This compares to year-ago revenues of $368.6 million. The company has topped consensus revenue estimates just once over the last four quarters. The sustainability of the stock's immediate price movement based on the recently-released numbers and future earnings expectations will mostly depend on management's commentary on the earnings call. Atento shares have lost about 86.1% since the beginning of the year versus the S&P 500's decline of -17%. What's Next for Atento? While Atento has underperformed the market so far this year, the question that comes to investors' minds is: what's next for the stock? There are no easy answers to this key question, but one reliable measure that can help investors address this is the company's earnings outlook. Not only does this include current consensus earnings expectations for the coming quarter(s), but also how these expectations have changed lately. Empirical research shows a strong correlation between near-term stock movements and trends in earnings estimate revisions. Investors can track such revisions by themselves or rely on a tried-and-tested rating tool like the Zacks Rank, which has an impressive track record of harnessing the power of earnings estimate revisions. Ahead of this earnings release, the estimate revisions trend for Atento: mixed. While the magnitude and direction of estimate revisions could change following the company's just-released earnings report, the current status translates into a Zacks Rank #3 (Hold) for the stock. So, the shares are expected to perform in line with the market in the near future. You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here. It will be interesting to see how estimates for the coming quarters and current fiscal year change in the days ahead. The current consensus EPS estimate is -$0.06 on $354.09 million in revenues for the coming quarter and -$5.96 on $1.43 billion in revenues for the current fiscal year. Investors should be mindful of the fact that the outlook for the industry can have a material impact on the performance of the stock as well. In terms of the Zacks Industry Rank, Outsourcing is currently in the top 28% of the 250 plus Zacks industries. Our research shows that the top 50% of the Zacks-ranked industries outperform the bottom 50% by a factor of more than 2 to 1. Another stock from the broader Zacks Business Services sector, Copart, Inc. (CPRT), has yet to report results for the quarter ended October 2022. The results are expected to be released on November 16. This company is expected to post quarterly earnings of $0.55 per share in its upcoming report, which represents a year-over-year change of +1.9%. The consensus EPS estimate for the quarter has been revised 0.2% higher over the last 30 days to the current level. Copart, Inc.'s revenues are expected to be $884.47 million, up 9.2% from the year-ago quarter. Zacks Names ""Single Best Pick to Double"" From thousands of stocks, 5 Zacks experts each have chosen their favorite to skyrocket +100% or more in months to come. From those 5, Director of Research Sheraz Mian hand-picks one to have the most explosive upside of all. It’s a little-known chemical company that’s up 65% over last year, yet still dirt cheap. With unrelenting demand, soaring 2022 earnings estimates, and $1.5 billion for repurchasing shares, retail investors could jump in at any time. This company could rival or surpass other recent Zacks’ Stocks Set to Double like Boston Beer Company which shot up +143.0% in little more than 9 months and NVIDIA which boomed +175.9% in one year. Free: See Our Top Stock and 4 Runners Up >> Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Atento S.A. (ATTO): Free Stock Analysis Report Copart, Inc. (CPRT): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
CPRT,2022-11-16,31.11,31.3025,30.675,31.02,"[""Copart, Inc. (CPRT) Misses Q1 Earnings Estimates Copart, Inc. (CPRT) came out with quarterly earnings of $0.51 per share, missing the Zacks Consensus Estimate of $0.55 per share. This compares to earnings of $0.54 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of -7.27%. A quarter ago, it was expected that this company would post earnings of $0.54 per share when it actually produced earnings of $0.57, delivering a surprise of 5.56%. Over the last four quarters, the company has surpassed consensus EPS estimates three times. Copart, Inc., which belongs to the Zacks Auction and Valuation Services industry, posted revenues of $893.37 million for the quarter ended October 2022, surpassing the Zacks Consensus Estimate by 1.01%. This compares to year-ago revenues of $810.13 million. The company has topped consensus revenue estimates four times over the last four quarters. The sustainability of the stock's immediate price movement based on the recently-released numbers and future earnings expectations will mostly depend on management's commentary on the earnings call. Copart, Inc. Shares have lost about 18.1% since the beginning of the year versus the S&P 500's decline of -16.3%. What's Next for Copart, Inc. While Copart, Inc. Has underperformed the market so far this year, the question that comes to investors' minds is: what's next for the stock? There are no easy answers to this key question, but one reliable measure that can help investors address this is the company's earnings outlook. Not only does this include current consensus earnings expectations for the coming quarter(s), but also how these expectations have changed lately. Empirical research shows a strong correlation between near-term stock movements and trends in earnings estimate revisions. Investors can track such revisions by themselves or rely on a tried-and-tested rating tool like the Zacks Rank, which has an impressive track record of harnessing the power of earnings estimate revisions. Ahead of this earnings release, the estimate revisions trend for Copart, Inc. Mixed. While the magnitude and direction of estimate revisions could change following the company's just-released earnings report, the current status translates into a Zacks Rank #3 (Hold) for the stock. So, the shares are expected to perform in line with the market in the near future. You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here. It will be interesting to see how estimates for the coming quarters and current fiscal year change in the days ahead. The current consensus EPS estimate is $0.59 on $928.25 million in revenues for the coming quarter and $2.30 on $3.72 billion in revenues for the current fiscal year. Investors should be mindful of the fact that the outlook for the industry can have a material impact on the performance of the stock as well. In terms of the Zacks Industry Rank, Auction and Valuation Services is currently in the top 3% of the 250 plus Zacks industries. Our research shows that the top 50% of the Zacks-ranked industries outperform the bottom 50% by a factor of more than 2 to 1. Another stock from the broader Zacks Business Services sector, DocuSign (DOCU), has yet to report results for the quarter ended October 2022. This provider of electronic signature technology is expected to post quarterly earnings of $0.41 per share in its upcoming report, which represents a year-over-year change of -29.3%. The consensus EPS estimate for the quarter has remained unchanged over the last 30 days. DocuSign's revenues are expected to be $626.04 million, up 14.8% from the year-ago quarter. Zacks Names \""Single Best Pick to Double\"" From thousands of stocks, 5 Zacks experts each have chosen their favorite to skyrocket +100% or more in months to come. From those 5, Director of Research Sheraz Mian hand-picks one to have the most explosive upside of all. It\u2019s a little-known chemical company that\u2019s up 65% over last year, yet still dirt cheap. With unrelenting demand, soaring 2022 earnings estimates, and $1.5 billion for repurchasing shares, retail investors could jump in at any time. This company could rival or surpass other recent Zacks\u2019 Stocks Set to Double like Boston Beer Company which shot up +143.0% in little more than 9 months and NVIDIA which boomed +175.9% in one year. Free: See Our Top Stock and 4 Runners Up >> Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Copart, Inc. (CPRT): Free Stock Analysis Report DocuSign (DOCU): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""After-Hours Earnings Report for November 16, 2022 : NVDA, CSCO, CPRT, BBWI, HP, GLBE, HI, KLIC, CPA, SONO, SBLK, EZPW The following companies are expected to report earnings after hours on 11/16/2022. Visit our Earnings Calendar for a full list of expected earnings releases. NVIDIA Corporation (NVDA)is reporting for the quarter ending October 31, 2022. The semiconductor company's consensus earnings per share forecast from the 13 analysts that follow the stock is $0.44. This value represents a 56.44% decrease compared to the same quarter last year. NVDA missed the consensus earnings per share in the 3rd calendar quarter of 2022 by -3.03%. Zacks Investment Research reports that the 2023 Price to Earnings ratio for NVDA is 68.30 vs. an industry ratio of 37.70, implying that they will have a higher earnings growth than their competitors in the same industry. Cisco Systems, Inc. (CSCO)is reporting for the quarter ending October 31, 2022. The computer networks company's consensus earnings per share forecast from the 9 analysts that follow the stock is $0.73. This value represents a no change for the same quarter last year. In the past year CSCO has beat the expectations every quarter. The highest one was in the 3rd calendar quarter where they beat the consensus by 1.37%. Zacks Investment Research reports that the 2023 Price to Earnings ratio for CSCO is 14.48 vs. an industry ratio of 13.50, implying that they will have a higher earnings growth than their competitors in the same industry. Copart, Inc. (CPRT)is reporting for the quarter ending October 31, 2022. The auction company's consensus earnings per share forecast from the 4 analysts that follow the stock is $0.55. This value represents a 1.85% increase compared to the same quarter last year. In the past year CPRT has beat the expectations every quarter. The highest one was in the 3rd calendar quarter where they beat the consensus by 3.7%. Zacks Investment Research reports that the 2023 Price to Earnings ratio for CPRT is 26.98 vs. an industry ratio of 29.10. Bath & Body Works, Inc. (BBWI)is reporting for the quarter ending October 31, 2022. The retail company's consensus earnings per share forecast from the 9 analysts that follow the stock is $0.19. This value represents a 79.35% decrease compared to the same quarter last year. In the past year BBWI has beat the expectations every quarter. The highest one was in the 3rd calendar quarter where they beat the consensus by 26.83%. Zacks Investment Research reports that the 2023 Price to Earnings ratio for BBWI is 11.78 vs. an industry ratio of 8.90, implying that they will have a higher earnings growth than their competitors in the same industry. Helmerich & Payne, Inc. (HP)is reporting for the quarter ending September 30, 2022. The oil & gas drilling company's consensus earnings per share forecast from the 6 analysts that follow the stock is $0.45. This value represents a 172.58% increase compared to the same quarter last year. HP missed the consensus earnings per share in the 3rd calendar quarter of 2021 by -24%. Zacks Investment Research reports that the 2022 Price to Earnings ratio for HP is 1764.33 vs. an industry ratio of 248.90, implying that they will have a higher earnings growth than their competitors in the same industry. Global-E Online Ltd. (GLBE)is reporting for the quarter ending September 30, 2022. The internet company's consensus earnings per share forecast from the 4 analysts that follow the stock is $-0.31. This value represents a 3200.00% decrease compared to the same quarter last year. GLBE missed the consensus earnings per share in the 1st calendar quarter of 2022 by -66.67%. Zacks Investment Research reports that the 2022 Price to Earnings ratio for GLBE is -20.95 vs. an industry ratio of 13.60. Hillenbrand Inc (HI)is reporting for the quarter ending September 30, 2022. The industrial services company's consensus earnings per share forecast from the 1 analyst that follows the stock is $1.03. This value represents a 3.00% increase compared to the same quarter last year. In the past year HI has beat the expectations every quarter. The highest one was in the 2nd calendar quarter where they beat the consensus by 6.98%. Zacks Investment Research reports that the 2022 Price to Earnings ratio for HI is 11.63 vs. an industry ratio of 6.70, implying that they will have a higher earnings growth than their competitors in the same industry. Kulicke and Soffa Industries, Inc. (KLIC)is reporting for the quarter ending September 30, 2022. The electrical manufacturing company's consensus earnings per share forecast from the 3 analysts that follow the stock is $0.91. This value represents a 58.06% decrease compared to the same quarter last year. In the past year KLIC has met analyst expectations once and beat the expectations the other three quarters. The \""days to cover\"" for this stock exceeds 13 days. Zacks Investment Research reports that the 2022 Price to Earnings ratio for KLIC is 6.69 vs. an industry ratio of 9.10. Copa Holdings, S.A. (CPA)is reporting for the quarter ending September 30, 2022. The airline company's consensus earnings per share forecast from the 6 analysts that follow the stock is $2.63. This value represents a 275.71% increase compared to the same quarter last year. In the past year CPA has beat the expectations every quarter. The highest one was in the 2nd calendar quarter where they beat the consensus by 18.52%. Zacks Investment Research reports that the 2022 Price to Earnings ratio for CPA is 12.74 vs. an industry ratio of 0.20, implying that they will have a higher earnings growth than their competitors in the same industry. Sonos, Inc. (SONO)is reporting for the quarter ending September 30, 2022. The audio video production company's consensus earnings per share forecast from the 4 analysts that follow the stock is $-0.43. This value represents a 637.50% decrease compared to the same quarter last year. SONO missed the consensus earnings per share in the 2nd calendar quarter of 2022 by -100%. Zacks Investment Research reports that the 2022 Price to Earnings ratio for SONO is 30.69 vs. an industry ratio of 15.50, implying that they will have a higher earnings growth than their competitors in the same industry. Star Bulk Carriers Corp. (SBLK)is reporting for the quarter ending September 30, 2022. The shipping company's consensus earnings per share forecast from the 2 analysts that follow the stock is $1.42. This value represents a 35.16% decrease compared to the same quarter last year. In the past year SBLK has beat the expectations every quarter. The highest one was in the 2nd calendar quarter where they beat the consensus by 14.29%. Zacks Investment Research reports that the 2022 Price to Earnings ratio for SBLK is 3.25 vs. an industry ratio of 7.40. EZCORP, Inc. (EZPW)is reporting for the quarter ending September 30, 2022. The financial services company's consensus earnings per share forecast from the 2 analysts that follow the stock is $0.11. This value represents a no change for the same quarter last year. In the past year EZPW has beat the expectations every quarter. The highest one was in the 2nd calendar quarter where they beat the consensus by 166.67%. Zacks Investment Research reports that the 2022 Price to Earnings ratio for EZPW is 14.70 vs. an industry ratio of 5.80, implying that they will have a higher earnings growth than their competitors in the same industry. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.""]"
CPRT,2022-11-17,30.09,32.1,29.69,32.07,"Copart (CPRT) Q1 Earnings Miss, Service Revenues Lag Estimates Copart, Inc. CPRT reported first-quarter fiscal 2023 (ended Oct 31, 2022) adjusted earnings per share of 51 cents, missing the Zacks Consensus Estimate of 55 cents. The underperformance was due to lower-than-anticipated service revenues and high costs. The bottom line inched down 5.6% year over year. The online auto auction leader generated revenues of $893.3 million, beating the Zacks Consensus Estimate of $884 million. The top line also increased 10.3% from the year-ago reported figure. Copart, Inc. Price, Consensus and EPS Surprise Copart, Inc. price-consensus-eps-surprise-chart | Copart, Inc. Quote Key Tidbits Fiscal first-quarter service revenues came in at $726.8 million, up from $667.8 million recorded in the year-earlier period. Service revenues accounted for 81.3% of the total revenues. The figure missed the consensus mark of $729 million. Vehicle sales totaled $166.5 million in the quarter, up from the prior-year level of $142.3 million. The figure exceeded the consensus mark of $164 million. Gross profit was down 4% year over year to $369.5 million. Total operating expenses flared up 21.2% to $581.8 million. General and administrative expenses rose 8.3% from the prior-year quarter to $44.5 million. Operating income declined to $311.5 million from $330.1 million recorded in the year-ago quarter. Net income contracted 5.6% year over year to $245.8 million. Copart had cash, cash equivalents and restricted cash of $1,539.4 million as of Oct 31, 2022, compared with $1,384.2 million as of Jul 31, 2022. Long-term debt reduced to $1,969,000 at the end of the reported quarter from $1,996,000 as of Jul 31, 2022. CPRT currently carries a Zacks Rank #3 (Hold). You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here. Peer Releases Copart’s peers include KAR Auctions Services Inc. KAR and Insurance Auto Auctions, aka IAA, Inc. IAA. KAR Auctions reported third-quarter 2022 results on Nov 1. It posted adjusted earnings of 5 cents a share, which missed the Zacks Consensus Estimate of 15 cents and declined from the year-ago earnings of 8 cents. The company posted revenues of $393 million for the quarter ended September 2022, missing the Zacks Consensus Estimate by 0.01%. This compares to the year-ago revenues of $535.2 million. Over the last four quarters, KAR missed earnings estimates thrice while beating on the other occasion, the average negative surprise being 52.5%. The Zacks Consensus Estimate for KAR Auction’s 2022 earnings and sales implies a year-over-year decline of 62% and 33%, respectively. Insurance Auto reported third-quarter fiscal 2022 results on Nov 7. It came out with quarterly earnings of 45 cents per share, missing the Zacks Consensus Estimate of 51 cents and declining from 52 cents a year ago. However, revenues of $497.5 million for the quarter ended October 2022 surpassed the Zacks Consensus Estimate by 3.56% and rose from $420.7 million recorded in the year-ago period. Over the last four quarters, IAA beat the earnings estimates thrice and missed on the other occasion, the average surprise being 6.4%. The Zacks Consensus Estimate for IAA 2022 earnings implies a year-over-year decline of 3%, while that for sales indicates year-over-year growth of 13%. One Tiny Company Could Shake the EV Industry Zacks Aggressive Growth expert Brian Bolan has pinpointed a U.S. manufacturer with an under-$5 stock price that's gearing for a monster ride. It's ramping up production of an affordable, ""working man's"" rival to Tesla just as soaring gas prices and desire for energy independence are set to drive the EV market to $1 trillion in 5 years. See This Stock Now >> Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Copart, Inc. (CPRT): Free Stock Analysis Report KAR Auction Services, Inc (KAR): Free Stock Analysis Report IAA, Inc. (IAA): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
CPRT,2022-11-18,32.61,32.95,31.84,32.21,
CPRT,2022-11-21,31.96,32.675,31.96,32.04,"Auto Roundup: BorgWarner-Wolfspeed Deal, Tesla Recall & More Last week, the European Automobile Manufacturers Association (ACEA) released data on passenger car registrations for October 2022. The European Union (EU) passenger vehicle market increased 12.2% last month to 745,855 units, marking the third straight month of growth this year. Registrations in Italy, Germany, Spain and France witnessed a year-over-year rise of 14.6%, 16.8%, 11.7% and 5.5%, respectively. During the first 10 months of 2022, new car registrations contracted 8.1% from the prior-year period’s level to 7,529,965 units. During this period, all the major EU markets witnessed a decline in registrations, including Italy (13.8%), France (10.3%), Spain (5.8%) and Germany (5.5%). On the news front, automotive equipment provider BorgWarner Inc. BWA boosted its electrification game with a $500-million deal with Wolfspeed. The deal leads BorgWarner to secure a stable silicon-carbide devices supply-chain essential for its inverter growth plans. Auto retailer AutoNation Inc. AN acquired a 6.1% ownership stake in the automotive digital platform TrueCar to enhance its digitization efforts. The deal will bolster AN's omnichannel prospects. Meanwhile, Advance Auto Parts, Inc. AAP and Copart, Inc. CPRT released quarterly results, wherein both missed the Zacks Consensus Estimates for earnings. Finally, electric vehicle (EV) giant Tesla TSLA grabbed the headlines with a series of recalls. While Copart currently carries a Zacks Rank #4 (Sell), TSLA, AAP, BWA and AN carry a Zacks Rank #3 (Hold) at present. You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here. Last Week’s Top Stories Advance Auto reported adjusted earnings of $2.84 per share for third-quarter 2022 (ended Oct 8, 2022), down 11.5% from the year-ago quarter’s reported figure. The same also missed the Zacks Consensus Estimate of $3.32 a share. AAP generated net revenues of $2,641.3 million, falling short of the Zacks Consensus Estimate of $2,652 million and slipping 0.8% from the year-ago reported figure. Advance Auto estimates 2022 net sales in the band of $11-$11.2 billion. Comparable store sales are now envisioned to decline up to 1% against the prior forecast of 1-3% growth. Adjusted operating income margin is projected in the range of 9.8-10%. Advance Auto expects 2022 capex to be a minimum of $350 million. AAP now targets an FCF of a minimum of $300 million, down from $700 million estimated earlier. Adjusted EPS is now forecast between $12.60 and $12.80, down from the previously guided range of $12.75-$13.25. The auto parts retailer now intends to buy back a maximum of $600 million worth of shares in 2022. It aims to open 125-150 stores this year. Copart reported first-quarter fiscal 2023 (ended Oct 31, 2022) adjusted earnings per share of 51 cents, missing the Zacks Consensus Estimate of 55 cents. The underperformance was due to lower-than-anticipated service revenues and high costs. The bottom line slid 5.6% year over year. The online auto auction leader generated revenues of $893.3 million, beating the Zacks Consensus Estimate of $884 million. The top line also increased 10.3% from the year-ago reported figure. Gross profit was down 4% year over year to $369.5 million. Total operating expenses flared up 21.2% to $581.8 million. Operating income declined to $311.5 million from $330.1 million recorded in the year-ago quarter. Copart had cash, cash equivalents and restricted cash of $1,539.4 million as of Oct 31, 2022, compared with $1,384.2 million as of Jul 31, 2022. Long-term debt fell to $1,969,000 at the end of the reported quarter from $1,996,000 as of Jul 31, 2022. BorgWarner entered into a strategic partnership with Wolfspeed to obtain a reliable supply of silicon-carbide devices. BWA will invest $500 million in Wolfspeed’s financing transaction in exchange for a silicon carbide device capacity corridor. Per the multi-year agreement, BorgWarner will be entitled to purchase up to $650 million of devices annually to cater to its growing requirement. BorgWarner is intensively ramping up its EV game with its ambitious Charging Forward strategy, announced last year. The plan targets to generate $4.5 billion of electric vehicle revenues for 2025 compared with less than $350 million in 2021. On third-quarterearnings call management stated that BWA is on track to achieve nearly $4 billion of EV revenues by 2025, considering new business awards and acquisitions announced as of the earnings release. Also, BWA expects 2022 EV revenues to grow to approximately $850 million, more than doubling the year-ago reported figure. AutoNation announced that it acquired a minority ownership stake of 6.1% in TrueCar, an automotive digital marketplace. The buyout will allow both companies to develop new ways to improve the buying and selling of vehicles.TrueCar’s leading position in the digital space makes it well-suited to provide personal transportation solutions, with the central focus laid on customer needs. This makes TrueCar a preferred choice for AN. The decision to invest in TrueCar is a testimony to AN’s strong commitment to providing its customers with a premium experience and bringing emerging technologies to uplift the digital buying experience. Through TrueCar, the end-to-end purchase process will be transparent and efficient for consumers. Digital automotive platforms are rapidly gathering steam and emerging as a very sought-after purchase medium. AutoNation is focused on tapping into this huge pool of opportunities bolstering its prospects, and boosting profitability and market presence. AN stated that more than 50% of its unit sales were generated from its digital channels in the last reported quarter. Tesla issued a recall of 321,628 vehicles over a software snag, causing the tail lights on some cars to malfunction. The glitch may affect one or both taillights on specific Model 3 and Model Y vehicles. The recall covers certain 2020 to 2023 Model Y SUVs and 2023 Model 3 sedans. However, brake lamps, backup lamps and turn signal lamps will remain unaffected by the software glitch. The automaker will fix the problem through an online software update. Owners will be notified by a letter starting Jan 14. In another setback, Tesla will be recalling nearly 30,000 Model X cars in the United States over an issue of faulty deployment of airbags. There was a probability that the airbag was deployed incorrectly in specific low-speed collision events when a young front-seat passenger ran the danger of being unbelted and slipping out of position, increasing the risk of injury. The situation will be addressed through an on-air software update, as is the most common mitigation measure by the EV behemoth. Price Performance The following table shows the price movement of some of the major auto players over the last week and in the past six months. Image Source: Zacks Investment Research What's Next in the Auto Space? Industry watchers will keep tabs on October commercial vehicle registrations to be released by the European Automobile Manufacturers' Association. Just Released: Free Report Reveals Little-Known Strategies to Help Profit from the $30 Trillion Metaverse Boom It's undeniable. The metaverse is gaining steam every day. Just follow the money. Google. Microsoft. Adobe. Nike. Facebook even rebranded itself as Meta because Mark Zuckerberg believes the metaverse is the next iteration of the internet. The inevitable result? Many investors will get rich as the metaverse evolves. What do they know that you don't? They’re aware of the companies best poised to grow as the metaverse does. And in a new FREE report, Zacks is revealing those stocks to you. This week, you can download, The Metaverse - What is it? And How to Profit with These 5 Pioneering Stocks. It reveals specific stocks set to skyrocket as this emerging technology develops and expands. Don't miss your chance to access it for free with no obligation. >>Show me how I could profit from the metaverse! Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report BorgWarner Inc. (BWA): Free Stock Analysis Report AutoNation, Inc. (AN): Free Stock Analysis Report Advance Auto Parts, Inc. (AAP): Free Stock Analysis Report Tesla, Inc. (TSLA): Free Stock Analysis Report Copart, Inc. (CPRT): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
CPRT,2022-11-22,32.14,32.44,31.785,32.37,
CPRT,2022-11-23,32.465,33.07,32.32,32.935,
CPRT,2022-11-25,33.085,33.18,32.53,32.545,
CPRT,2022-11-28,32.3325,32.835,32.3325,32.53,
CPRT,2022-11-29,32.425,32.4925,31.99,32.22,
CPRT,2022-11-30,32.3,33.375,32.035,33.28,
CPRT,2022-12-01,33.465,33.895,33.3725,33.835,
CPRT,2022-12-02,33.225,33.76,33.1,33.575,
CPRT,2022-12-05,33.325,33.36,32.695,32.85,
CPRT,2022-12-06,32.85,32.99,31.965,32.12,
CPRT,2022-12-07,32.05,32.205,31.455,31.545,
CPRT,2022-12-08,31.63,32.05,31.445,31.95,
CPRT,2022-12-09,31.825,32.19,31.52,31.895,
CPRT,2022-12-12,32.125,32.2,31.71,32.19,
CPRT,2022-12-13,33.415,33.48,31.025,31.345,
CPRT,2022-12-14,31.33,31.725,30.82,31.235,
CPRT,2022-12-15,30.925,31.0625,30.235,30.285,
CPRT,2022-12-16,29.836,30.275,29.836,30.195,"Copart, Inc. (CPRT) Down 5.6% Since Last Earnings Report: Can It Rebound? It has been about a month since the last earnings report for Copart, Inc. (CPRT). Shares have lost about 5.6% in that time frame, underperforming the S&P 500. Will the recent negative trend continue leading up to its next earnings release, or is Copart, Inc. due for a breakout? Before we dive into how investors and analysts have reacted as of late, let's take a quick look at the most recent earnings report in order to get a better handle on the important drivers. Copart Q1 Earnings Miss & Falls Y/Y Copart reported first-quarter fiscal 2023 (ended Oct 31, 2022) adjusted earnings per share of 51 cents, missing the Zacks Consensus Estimate of 55 cents. The underperformance was due to lower-than-anticipated service revenues and high costs. The bottom line inched down 5.6% year over year. The online auto auction leader generated revenues of $893.3 million, beating the Zacks Consensus Estimate of $884 million. The top line also increased 10.3% from the year-ago reported figure. Key Tidbits Fiscal first-quarter service revenues came in at $726.8 million, up from $667.8 million recorded in the year-earlier period. Service revenues accounted for 81.3% of the total revenues. The figure missed the consensus mark of $729 million. Vehicle sales totaled $166.5 million in the quarter, up from the prior-year level of $142.3 million. The figure exceeded the consensus mark of $164 million. Gross profit was down 4% year over year to $369.5 million. Total operating expenses flared up 21.2% to $581.8 million. General and administrative expenses rose 8.3% from the prior-year quarter to $44.5 million. Operating income declined to $311.5 million from $330.1 million recorded in the year-ago quarter. Net income contracted 5.6% year over year to $245.8 million. Copart had cash, cash equivalents and restricted cash of $1,539.4 million as of Oct 31, 2022, compared with $1,384.2 million as of Jul 31, 2022. Long-term debt reduced to $1,969,000 at the end of the reported quarter from $1,996,000 as of Jul 31, 2022. How Have Estimates Been Moving Since Then? In the past month, investors have witnessed a downward trend in estimates review. VGM Scores At this time, Copart, Inc. has a great Growth Score of A, though it is lagging a lot on the Momentum Score front with an F. However, the stock was allocated a grade of C on the value side, putting it in the middle 20% for this investment strategy. Overall, the stock has an aggregate VGM Score of C. If you aren't focused on one strategy, this score is the one you should be interested in. Outlook Estimates have been broadly trending downward for the stock, and the magnitude of these revisions indicates a downward shift. Notably, Copart, Inc. has a Zacks Rank #3 (Hold). We expect an in-line return from the stock in the next few months. Zacks Names ""Single Best Pick to Double"" From thousands of stocks, 5 Zacks experts each have chosen their favorite to skyrocket +100% or more in months to come. From those 5, Director of Research Sheraz Mian hand-picks one to have the most explosive upside of all. It’s a little-known chemical company that’s up 65% over last year, yet still dirt cheap. With unrelenting demand, soaring 2022 earnings estimates, and $1.5 billion for repurchasing shares, retail investors could jump in at any time. This company could rival or surpass other recent Zacks’ Stocks Set to Double like Boston Beer Company which shot up +143.0% in little more than 9 months and NVIDIA which boomed +175.9% in one year. Free: See Our Top Stock and 4 Runners Up >> Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Copart, Inc. (CPRT) : Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
CPRT,2022-12-19,30.105,30.6,30.085,30.155,
CPRT,2022-12-20,30.12,30.205,29.795,30.125,
CPRT,2022-12-21,30.375,30.585,30.22,30.525,
CPRT,2022-12-22,30.24,30.3975,29.615,29.99,
CPRT,2022-12-23,30.02,30.375,29.717,30.255,
CPRT,2022-12-27,30.335,30.505,29.9,30.045,
CPRT,2022-12-28,30.055,30.395,29.92,29.98,
CPRT,2022-12-29,30.275,30.7825,30.2375,30.615,
CPRT,2022-12-30,30.395,30.605,30.12,30.445,
CPRT,2023-01-03,30.705,31.0375,30.3825,30.73,
CPRT,2023-01-04,31.14,31.33,30.765,30.99,
CPRT,2023-01-05,30.71,30.71,30.2525,30.275,
CPRT,2023-01-06,30.57,31.315,30.32,31.195,
CPRT,2023-01-09,31.33,31.8,31.11,31.22,
CPRT,2023-01-10,30.98,31.135,30.67,30.81,
CPRT,2023-01-11,30.875,31.24,30.605,31.18,
CPRT,2023-01-12,31.1375,31.32,30.71,31.28,
CPRT,2023-01-13,31.27,31.495,31.12,31.41,
CPRT,2023-01-17,31.355,31.6,30.945,31.55,
CPRT,2023-01-18,31.8,32.075,31.225,31.265,
CPRT,2023-01-19,31.145,31.43,30.72,30.755,
CPRT,2023-01-20,30.755,31.81,30.515,31.74,
CPRT,2023-01-23,31.865,32.51,31.795,32.43,
CPRT,2023-01-24,32.4,32.615,32.04,32.55,
CPRT,2023-01-25,32.16,33.0,31.98,32.965,
CPRT,2023-01-26,33.335,33.445,33.045,33.375,"Validea Daily Guru Fundamental Report for CPRT - 1/26/2023 Below is Validea's daily guru fundamental report for COPART, INC. (CPRT). Of the twelve guru strategies we follow, CPRT rates highest using our Patient Investor model based on the published strategy of Warren Buffett. This strategy seeks out firms with long-term, predictable profitability and low debt that trade at reasonable valuations. COPART, INC. (CPRT) is a large-cap growth stock in the Business Services industry. The rating using this strategy is 100% based on the firm’s underlying fundamentals and the stock’s valuation. A score of 80% or above typically indicates that the strategy has some interest in the stock and a score above 90% typically indicates strong interest. Company Description: Copart, Inc. (Copart) is a provider of online auctions and vehicle remarketing services. The Company provides vehicle sellers with a full range of services to process and sell vehicles over the Internet through the Company's Virtual Bidding Third Generation (VB3) Internet auction-style sales technology. The Company sells vehicles principally to licensed vehicle dismantlers, rebuilders, repair licensees, used vehicle dealers, exporters, and directly to the general public. The Company operates through two segments: United States and International. Its service offerings include Copart Access, Copart ProQuote, IntelliSeller and Estimating Services. Through Copart Access, it enables Internet-based service for vehicle sellers to assign vehicles for sale, check sales calendars, view vehicle images and history, Its vehicle sellers consist primarily of insurance companies, banks, finance companies, charities, fleet operators, dealers, vehicle rental companies, and individuals. The following table summarizes whether the stock meets each of this strategy's tests. Not all criteria in the below table receive equal weighting or are independent, but the table provides a brief overview of the strong and weak points of the security in the context of the strategy's criteria. EARNINGS PREDICTABILITY: PASS DEBT SERVICE: PASS RETURN ON EQUITY: PASS RETURN ON TOTAL CAPITAL: PASS FREE CASH FLOW: PASS USE OF RETAINED EARNINGS: PASS SHARE REPURCHASE: PASS INITIAL RATE OF RETURN: PASS EXPECTED RETURN: PASS Detailed Analysis of COPART, INC. CPRT Guru Analysis CPRT Fundamental Analysis Warren Buffett Portfolio Top Warren Buffett Stocks About Warren Buffett: Warren Buffett is considered by many to be the greatest investor of all time. As the chairman of Berkshire Hathaway, Buffett has consistently outperformed the S&P 500 for decades, and in the process has become one of the world's richest men. (Forbes puts his net worth at $37 billion.) Despite his fortune, Buffett is known for living a modest lifestyle, by billionaire standards. His primary residence remains the gray stucco Nebraska home he purchased for $31,500 nearly 50 years ago, according to Forbes, and his folksy Midwestern manner and penchant for simple pleasures -- a cherry Coke, a good burger, and a good book are all near the top of the list -- have been well-documented. About Validea: Validea is aninvestment researchservice that follows the published strategies of investment legends. Validea offers both stock analysis and model portfolios based on gurus who have outperformed the market over the long-term, including Warren Buffett, Benjamin Graham, Peter Lynch and Martin Zweig. For more information about Validea, click here The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
CPRT,2023-01-27,33.24,33.8,32.96,33.54,
CPRT,2023-01-30,33.32,33.5925,33.11,33.145,
CPRT,2023-01-31,33.2,33.5,33.125,33.305,
CPRT,2023-02-01,33.24,34.9975,33.0275,34.755,
CPRT,2023-02-02,34.985,35.465,34.765,34.875,
CPRT,2023-02-03,34.425,34.7925,34.01,34.32,
CPRT,2023-02-06,34.1,34.21,33.89,34.025,"[""Fourth Ritchie Bros shareholder questions acquisition of IAA Adds shares, Ritchie Bros statement TORONTO, Feb 6 (Reuters) - Vontobel Asset Management on Monday became the fourth Ritchie Bros Auctioneers RBA.TO shareholder to come out with concerns about the company's planned buyout of IAA Inc IAA.N. \""In our view, the deal adds risk to Ritchie Bros, and added risk beyond just typical integration risk, as IAA had been a weakening asset relative to its larger peer Copart Inc CPRT.O,\"" Chul Chang, Vontobel portfolio manager, told Reuters via email. \""We believe there is good opportunity in the standalone Ritchie Bros business, and the deal complicates the investment thesis.\"" Vontobel Asset Management owns 1.67% of Ritchie Bros shares and 0.25% of Copart shares, according to U.S. filings compiled by Refinitiv Eikon. \""We have heard from numerous new and existing Ritchie Bros. shareholders who support the IAA acquisition and recognize the substantial value it creates,\"" a Ritchie Bros spokesperson said on Monday. Ritchie Bros on Jan. 23 sweetened the cash component of its buyout offer for IAA by 28%, valuing the U.S. auto retailer at $5.94 billion, and also secured the backing of a key IAA shareholder that had questioned the initial offer. While four Ritchie Bros shareholders have publicly opposed the deal, three are supportive, according to statements and sources. Last week, Ritchie Bros' shareholders Janus Henderson Investors and Deep Field Asset Management came out against the company's planned acquisition of IAA. Investment firm Luxor Capital Group, which owns 3.6% of Ritchie Bros stock, has been a vocal opponent of the deal, But Eagle Asset Management and Independent Franchise Partners, which own 2.92% and 4.75% respectively of Ritchie Bros, helmed by Chief Executive Ann Fandozzi, plan to vote for the proposed deal, according to Refinitiv Eikon data and sources. IAA shares ended down 0.9% on Monday at $42.16, a 5% discount to Ritchie Bros' offer price. Ritchie shares fell 0.4%. (Reporting by Maiya Keidan; editing by Jonathan Oatis and Stephen Coates) ((Maiya.Keidan@thomsonreuters.com; 44 207 542 1594; Reuters Messaging: maiya.keidan.thomsonreuters.com@reuters.net)) The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Fourth Ritchie Bros shareholder questions acquisition of IAA TORONTO, Feb 6 (Reuters) - Vontobel Asset Management on Monday became the fourth Ritchie Bros Auctioneers RBA.TO shareholder to come out with concerns about the company's planned buyout of IAA Inc IAA.N. \""In our view, the deal adds risk to Ritchie Bros, and added risk beyond just typical integration risk, as IAA had been a weakening asset relative to its larger peer Copart Inc CPRT.O,\"" Chul Chang, Vontobel portfolio manager, told Reuters via email. Vontobel Asset Management owns 1.67% of Ritchie Bros shares and 0.25% of Copart shares, according to U.S. filings compiled by Refinitiv Eikon. Ritchie Bros on Jan. 23 sweetened the cash component of its buyout offer for IAA by 28%, valuing the U.S. auto retailer at $5.94 billion, and also secured the backing of a key IAA shareholder that had questioned the initial offer. Last week, Ritchie Bros' shareholders Janus Henderson Investors and Deep Field Asset Management publicly opposed the company's planned acquisition of IAA. Investment firm Luxor Capital Group, which owns 3.6% of Ritchie Bros stock, has been a vocal opponent of the deal, But Eagle Asset Management and Independent Franchise Partners, which own 2.92% and 4.75% respectively of Ritchie Bros, helmed by Chief Executive Ann Fandozzi, plan to vote for the proposed deal, according to Refinitiv Eikon data and sources. (Reporting by Maiya Keidan; editing by Jonathan Oatis) ((Maiya.Keidan@thomsonreuters.com; 44 207 542 1594; Reuters Messaging: maiya.keidan.thomsonreuters.com@reuters.net)) The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.""]"
CPRT,2023-02-07,33.975,34.5825,33.64,34.445,
CPRT,2023-02-08,34.145,34.47,34.14,34.395,"Validea Daily Guru Fundamental Report for CPRT - 2/8/2023 Below is Validea's daily guru fundamental report for COPART, INC. (CPRT). Of the twelve guru strategies we follow, CPRT rates highest using our Patient Investor model based on the published strategy of Warren Buffett. This strategy seeks out firms with long-term, predictable profitability and low debt that trade at reasonable valuations. COPART, INC. (CPRT) is a large-cap growth stock in the Business Services industry. The rating using this strategy is 100% based on the firm’s underlying fundamentals and the stock’s valuation. A score of 80% or above typically indicates that the strategy has some interest in the stock and a score above 90% typically indicates strong interest. Company Description: Copart, Inc. (Copart) is a provider of online auctions and vehicle remarketing services. The Company provides vehicle sellers with a full range of services to process and sell vehicles over the Internet through the Company's Virtual Bidding Third Generation (VB3) Internet auction-style sales technology. The Company sells vehicles principally to licensed vehicle dismantlers, rebuilders, repair licensees, used vehicle dealers, exporters, and directly to the general public. The Company operates through two segments: United States and International. Its service offerings include Copart Access, Copart ProQuote, IntelliSeller and Estimating Services. Through Copart Access, it enables Internet-based service for vehicle sellers to assign vehicles for sale, check sales calendars, view vehicle images and history, Its vehicle sellers consist primarily of insurance companies, banks, finance companies, charities, fleet operators, dealers, vehicle rental companies, and individuals. The following table summarizes whether the stock meets each of this strategy's tests. Not all criteria in the below table receive equal weighting or are independent, but the table provides a brief overview of the strong and weak points of the security in the context of the strategy's criteria. EARNINGS PREDICTABILITY: PASS DEBT SERVICE: PASS RETURN ON EQUITY: PASS RETURN ON TOTAL CAPITAL: PASS FREE CASH FLOW: PASS USE OF RETAINED EARNINGS: PASS SHARE REPURCHASE: PASS INITIAL RATE OF RETURN: PASS EXPECTED RETURN: PASS Detailed Analysis of COPART, INC. CPRT Guru Analysis CPRT Fundamental Analysis Warren Buffett Portfolio Top Warren Buffett Stocks About Warren Buffett: Warren Buffett is considered by many to be the greatest investor of all time. As the chairman of Berkshire Hathaway, Buffett has consistently outperformed the S&P 500 for decades, and in the process has become one of the world's richest men. (Forbes puts his net worth at $37 billion.) Despite his fortune, Buffett is known for living a modest lifestyle, by billionaire standards. His primary residence remains the gray stucco Nebraska home he purchased for $31,500 nearly 50 years ago, according to Forbes, and his folksy Midwestern manner and penchant for simple pleasures -- a cherry Coke, a good burger, and a good book are all near the top of the list -- have been well-documented. About Validea: Validea is aninvestment researchservice that follows the published strategies of investment legends. Validea offers both stock analysis and model portfolios based on gurus who have outperformed the market over the long-term, including Warren Buffett, Benjamin Graham, Peter Lynch and Martin Zweig. For more information about Validea, click here The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
CPRT,2023-02-09,34.72,34.98,34.43,34.61,
CPRT,2023-02-10,34.29,34.44,33.695,33.95,
CPRT,2023-02-13,34.205,34.4975,34.025,34.415,
CPRT,2023-02-14,34.34,34.725,34.055,34.64,
CPRT,2023-02-15,34.41,34.87,34.3,34.855,
CPRT,2023-02-16,34.8,34.8,34.11,34.465,
CPRT,2023-02-17,34.3,34.4275,33.93,34.2,
CPRT,2023-02-21,34.45,35.1,34.255,34.52,"[""Copart (CPRT) Q2 Earnings Beat Estimates, Increase 11% Y/Y Copart, Inc. CPRT reported second-quarter fiscal 2023 (ended Jan 31, 2023) adjusted earnings per share of 61 cents, beating the Zacks Consensus Estimate of 56 cents. The outperformance was due to higher-than-anticipated service revenues. The bottom line also increased 10.9% year over year. The online auto auction leader generated revenues of $956.7 million, beating the Zacks Consensus Estimate of $934 million. The top line also increased 10.3% from the year-ago reported figure. Copart, Inc. Price, Consensus and EPS Surprise Copart, Inc. price-consensus-eps-surprise-chart | Copart, Inc. Quote Key Tidbits Fiscal second-quarter service revenues came in at $789.8 million, up from $711.1 million recorded in the year-earlier period as well as outpacing the consensus mark of $764 million. Service revenues accounted for 82.5% of the total revenues. Vehicle sales totaled $166.9 million in the quarter, up from the prior-year level of $156.4 million. The figure, however, lagged the consensus mark of $169 million. Gross profit was up 5.7% year over year to $426.5 million. Total operating expenses flared up 13.7% to $591.2 million. General and administrative expenses rose 11.9% from the prior-year quarter to $47.8 million. Operating income rose to $365.5 million from $347.3 million recorded in the year-ago quarter. Net income also inched up 2.2% year over year to $293.6 million. Copart had cash, cash equivalents and restricted cash of $1,660.9 million as of Jan 31, 2023, compared with $1,384.2 million as of Jul 31, 2022. Long-term debt reduced to $1,946,000 at the end of the reported quarter from $1,996,000 as of Jul 31, 2022. CPRT currently carries a Zacks Rank #4 (Sell). You can see the complete list of today\u2019s Zacks #1 Rank (Strong Buy) stocks here. How are Peers Placed Ahead of Earnings? Copart\u2019s peers include KAR Auctions Services Inc. KAR and IAA, Inc. IAA. KAR Auctions is set to report fourth-quarter 2022 results today, after the closing bell. Our model doesn\u2019t conclusively predict an earnings beat for KAR Auctions this time around. The combination of a positive Earnings ESP and a Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold) increases the odds of an earnings beat. That is not the case here. KAR has an Earnings ESP of 0.00% and a Zacks Rank #5 (Strong Sell). You can uncover the best stocks to buy or sell before they\u2019re reported with our Earnings ESP Filter. The Zacks Consensus Estimate for KAR\u2019s fourth-quarter earnings per share and revenues is pegged at 18 cents and $361 million, respectively. This Indiana-based provider of auction services and technologies for the auto market missed earnings estimates in three of the trailing four quarters and beat once, with the average negative surprise being 52.5%. IAA is set to release fourth-quarter fiscal 2022 results today, after the closing bell. Our model doesn\u2019t conclusively predict an earnings beat for IAA this time around. The company has an Earnings ESP of +4.35% and a Zacks Rank #4 (Sell) The Zacks Consensus Estimate for IAA\u2019s fourth-quarter earnings per share and revenues is pegged at 58 cents and $524 million, respectively. This Illinois-based auto auction company beat earnings estimates in three of the trailing four quarters and missed once, with the average surprise being 6.38%. Just Released: Zacks Top 10 Stocks for 2023 In addition to the investment ideas discussed above, would you like to know about our 10 top picks for 2023? From inception in 2012 through November, the Zacks Top 10 Stocks portfolio has tripled the market, gaining an impressive +884.5% versus the S&P 500\u2019s +287.4%. Our Director of Research has now combed through 4,000 companies covered by the Zacks Rank and handpicked the best 10 tickers to buy and hold in 2023. Don\u2019t miss your chance to still be among the first to get in on these just-released stocks. See New Top 10 Stocks >> Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Copart, Inc. (CPRT) : Free Stock Analysis Report KAR Auction Services, Inc (KAR) : Free Stock Analysis Report IAA, Inc. (IAA) : Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Nasdaq 100 Movers: JD, CPRT In early trading on Tuesday, shares of Copart (CPRT) topped the list of the day's best performing components of the Nasdaq 100 index, trading up 1.1%. Year to date, Copart registers a 13.6% gain. And the worst performing Nasdaq 100 component thus far on the day is JD.com (JD), trading down 9.5%. JD.com is lower by about 14.5% looking at the year to date performance. Two other components making moves today are PDD Holdings (PDD), trading down 7.2%, and MercadoLibre (MELI), trading up 1.1% on the day. VIDEO: Nasdaq 100 Movers: JD, CPRT The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Copart Q2 23 Earnings Conference Call At 11:00 AM ET (RTTNews) - Copart, Inc. (CPRT) will host a conference call at 11:00 AM ET on Feb. 21, 2023, to discuss Q2 23 earnings results. To access the live webcast, log on to https://www.copart.com/content/us/en/investor-relations/investor-relations The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.""]"
CPRT,2023-02-22,34.68,35.01,34.495,34.675,
CPRT,2023-02-23,34.745,34.94,34.525,34.8,"2 Recession-Proof Growth Stocks I'm Loving Now A recession, simply explained, is when the economy gets smaller. And because there's less economic activity, recessions can be hard time periods for businesses. To know how well a company can perform during a recession, I like to look at past recessions for clues -- specifically the Great Recession of 2008 and 2009. Two companies that had strong results during the Great Recession are rural lifestyle company Tractor Supply Company (NASDAQ: TSCO) and vehicle-auction platform Copart (NASDAQ: CPRT). As the chart below shows, Tractor Supply's revenue didn't dip at all in 2009. And Copart's was down a measly 7% -- quite resilient. CPRT Revenue (TTM) data by YCharts Here's why I love these two stocks and why they can be more recession-proof than other businesses. 1. Tractor Supply In 2009, the worst year of the Great Recession, Tractor Supply's net sales increased by almost 7%. To be fair, the company's net-sales increase was the result of opening new stores -- it opened 76 that year. By contrast, same-store sales (a measurement of sales at existing locations) fell 1.1%. But that's actually still quite resilient during an economic downturn. In my opinion, there's a simple explanation for Tractor Supply's resiliency. In 2009, 39% of net sales were in the livestock-and-pet category -- an expense animal owners will pay even during lean times. And this category is only more important for Tractor Supply now. Investors are waiting on the annual filing for 2022, but livestock-and-pet sales accounted for 47% of sales in 2021. To put this all into perspective, Tractor Supply's supply chain moved more than 8 billion pounds of animal feed in 2022. To me, that's too much weight for e-commerce companies to want to get involved. Moreover, on the topic of resiliency, Tractor Supply had over 28 million members in its customer loyalty program at the end of 2022, up 20% year over year. These customers accounted for 75% of the company's sales last year, suggesting its core customer base is a big fan of the brand -- something that can help it remain strong during any potential economic downturn. With fiscal discipline, ongoing sales growth, and regular share repurchases, Tractor Supply's earnings per share (EPS) are growing at a rate capable of carrying the stock to market-beating gains. Its regular increases to the dividend are generous as well, as the chart below shows. TSCO EPS Diluted (TTM) data by YCharts 2. Copart Copart earns incredible profits. The company's operating margin in the first half of its fiscal 2023 was almost 37% -- extremely high. However, despite plenty of cash, management has never paid a dividend in its nearly 30 years as a public company, and it hasn't repurchased any shares since 2019. This is because it believes it can put its cash to better use. During its fiscal 2022, which ended in July 2022, Copart acquired around 1,200 new acres of land for storing vehicles for its auctions. According to management, the company owns more than 90% of its 16,000 acres, allowing it to execute its plans without taking a third-party landlord into consideration. Adding new vehicle yards and expanding existing ones helps Copart increase its competitive advantage in the resilient vehicle-auction space. The company's primary customers are insurance companies looking to get rid of loads of damaged vehicles at maximum prices. By having more than 200 locations, and still growing, Copart can handle their heavy volumes. And it has a large base of buyers, pushing bids higher to the satisfaction of insurance companies. Vehicles can be damaged in accidents or during natural disasters, and these unfortunate events don't take time off during recessions. This isn't to say that Copart's financial results are completely unaffected by macro-economic conditions -- results right now are being affected by abnormally high used car prices. However, this industry always has demand, and Copart is one of the biggest players in the space. A sensible choice I don't know when a recession will strike next. But they're regular economic occurrences. That's why having some more recession-proof stocks like Tractor Supply and Copart in your portfolio could make a lot of sense. However, if I had to pick just one to buy today, I'd choose Tractor Supply over Copart. Trading at around 30 times its earnings, Copart trades at a more expensive valuation than its 10-year average, as the chart below shows. By contrast, Tractor Supply trades in line with its average. TSCO PE Ratio data by YCharts This suggests that Copart might be a little overvalued right now, and I don't think I'm alone in that belief. Copart's management seems to agree. Consider that management is authorized to repurchase over 81 million shares whenever it sees fit. But it hasn't done so in over three years. Therefore, for the more value-conscious investor, I'd wait with Copart's management on the sidelines for a better price, whereas Tractor Supply stock appears to already be trading at a fair price today. 10 stocks we like better than Tractor Supply When our award-winning analyst team has a stock tip, it can pay to listen. After all, the newsletter they have run for over a decade, Motley Fool Stock Advisor, has tripled the market.* They just revealed what they believe are the ten best stocks for investors to buy right now... and Tractor Supply wasn't one of them! That's right -- they think these 10 stocks are even better buys. See the 10 stocks *Stock Advisor returns as of February 8, 2023 Jon Quast has positions in Tractor Supply. The Motley Fool recommends Copart and Tractor Supply. The Motley Fool has a disclosure policy. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
CPRT,2023-02-24,34.35,34.635,34.145,34.615,
CPRT,2023-02-27,34.895,35.06,34.6675,34.98,
CPRT,2023-02-28,34.955,35.6875,34.955,35.23,"Validea Guru Fundamental Report for CPRT - 2/28/2023 Below is Validea's guru fundamental report for COPART, INC. (CPRT). Of the 22 guru strategies we follow, CPRT rates highest using our Patient Investor model based on the published strategy of Warren Buffett. This strategy seeks out firms with long-term, predictable profitability and low debt that trade at reasonable valuations. COPART, INC. (CPRT) is a large-cap growth stock in the Business Services industry. The rating using this strategy is 99% based on the firm’s underlying fundamentals and the stock’s valuation. A score of 80% or above typically indicates that the strategy has some interest in the stock and a score above 90% typically indicates strong interest. The following table summarizes whether the stock meets each of this strategy's tests. Not all criteria in the below table receive equal weighting or are independent, but the table provides a brief overview of the strong and weak points of the security in the context of the strategy's criteria. EARNINGS PREDICTABILITY: PASS DEBT SERVICE: PASS RETURN ON EQUITY: PASS RETURN ON TOTAL CAPITAL: PASS FREE CASH FLOW: PASS USE OF RETAINED EARNINGS: PASS SHARE REPURCHASE: NEUTRAL INITIAL RATE OF RETURN: PASS EXPECTED RETURN: PASS Detailed Analysis of COPART, INC. CPRT Guru Analysis CPRT Fundamental Analysis Warren Buffett Portfolio Top Warren Buffett Stocks About Warren Buffett: Warren Buffett is considered by many to be the greatest investor of all time. As the chairman of Berkshire Hathaway, Buffett has consistently outperformed the S&P 500 for decades, and in the process has become one of the world's richest men. (Forbes puts his net worth at $37 billion.) Despite his fortune, Buffett is known for living a modest lifestyle, by billionaire standards. His primary residence remains the gray stucco Nebraska home he purchased for $31,500 nearly 50 years ago, according to Forbes, and his folksy Midwestern manner and penchant for simple pleasures -- a cherry Coke, a good burger, and a good book are all near the top of the list -- have been well-documented. About Validea: Validea is aninvestment researchservice that follows the published strategies of investment legends. Validea offers both stock analysis and model portfolios based on gurus who have outperformed the market over the long-term, including Warren Buffett, Benjamin Graham, Peter Lynch and Martin Zweig. For more information about Validea, click here The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
CPRT,2023-03-01,35.18,35.335,34.74,34.9,
CPRT,2023-03-02,34.83,35.6425,34.7,35.525,
CPRT,2023-03-03,35.59,35.84,35.44,35.71,
CPRT,2023-03-06,35.715,35.735,35.2,35.285,
CPRT,2023-03-07,35.37,35.57,35.195,35.21,
CPRT,2023-03-08,35.285,35.625,35.135,35.61,
CPRT,2023-03-09,35.605,35.695,34.76,34.82,
CPRT,2023-03-10,34.835,34.865,34.1324,34.2,
CPRT,2023-03-13,34.005,34.225,33.6198,33.96,
CPRT,2023-03-14,34.28,34.87,34.165,34.655,
CPRT,2023-03-15,34.125,34.39,33.65,34.045,"Top Analyst Reports for Union Pacific, Starbucks & Duke Energy Wednesday, March 15, 2023 The Zacks Research Daily presents the best research output of our analyst team. Today's Research Daily features new research reports on 16 major stocks, including Union Pacific Corporation (UNP), Starbucks Corporation (SBUX) and Duke Energy Corporation (DUK). These research reports have been hand-picked from the roughly 70 reports published by our analyst team today. You can see all of today’s research reports here >>> Shares of Union Pacific have underperformed the Zacks Transportation - Rail industry over the past year (-26.1% vs. -18.7%). The company is facing the heat due to the escalation in fuel costs, as oil prices move north which is worrisome. This phenomenon induced a 20% rise in operating expenses in 2022. Fuel costs surged 68% last year. The same is likely to be high in the March quarter as well. However, Union Pacific's efforts to reward its shareholders even in the current uncertain scenario please us. The company hiked dividend twice in 2021. In May 2022, UNP further upped its quarterly dividend by 10%. The railroad operator is also active on the buyback front. In 2022, UNP bought back shares worth $6,282 million. The railroad operator paid dividends worth $3,159 million in 2022. UNP's strong free cash flow generating ability supports its shareholder-friendly activities. The uptick in overall volumes (up 2% year over year in 2002) as labor woes ease is an added positive. (You can read the full research report on Union Pacific here >>>) Starbucks shares have outperformed the Zacks Retail - Restaurants industry over the past year (+14.0% vs. +7.8%). The company is benefitting from solid global brand recognition supporting which management focuses on increasingglobal marketshare by judiciously opening stores in new and existing markets, and remodeling existing stores. North America comps continue to impress investors. The company also aids from successful menu innovations and digital initiatives along with its exceptional loyalty programs. However, its performance continues to be negatively impacted by dismal China results, higher-than-expected inflationary pressures, increased costs and a tight labor market. Earnings estimate for fiscal 2023 declined in the past 60 days depicting analysts’ concern over its growth prospects. (You can read the full research report on Starbucks here >>>) Shares of Duke Energy have underperformed the Zacks Utility - Electric Power industry over the past year (-10.3% vs. -7.8%). The company’s ability to achieve a net-zero target by 2050 at a cost-effective price could be at risk due to higher technological resource prices. A comparative analysis of the stock’s trailing 12-month Enterprise Value/Sales ratio shows a gloomy picture that may concern investors. Nevertheless, Duke Energy is a premier utility service provider which focuses on expanding its scale of operations and implementing modern technologies at its facilities by investing heavily in infrastructure and expansion projects. During the 2023-2027 period, the company plans capital investments of $65 billion. It also plans to expand in the electric vehicle segment. (You can read the full research report on Duke Energy here >>>) Other noteworthy reports we are featuring today include Eni S.p.A. (E), Copart, Inc. (CPRT) and HP Inc. (HPQ). Director of Research Sheraz Mian Note: Sheraz Mian heads the Zacks Equity Research department and is a well-regarded expert of aggregate earnings. He is frequently quoted in the print and electronic media and publishes the weekly Earnings Trends and Earnings Preview reports. If you want an email notification each time Sheraz publishes a new article, please click here>>> Today's Must Read Dividends & Buybacks Aid Union Pacific (UNP), Cost Woes Stay Store Growth Aids Starbucks (SBUX), Dismal China Comps Hurts Solid Investments Aid Duke Energy (DUK), Weak Solvency Woes Featured Reports Eni (E) to Gain From Natural Gas Discovery at Barents Sea The Zacks analyst believes that Eni's latest natural gas discovery in the Barents Sea will strengthen its position in the north and has the potential to uncover possibilities in the region. Digitization & Low Debt Aid Copart (CPRT) Amid High Costs Leverage of less than 1% and stepped-up e-commerce efforts, including the launch of Copart Max, boost Copart's prospects. However, high G&A costs may dent margins, per the Zacks analyst. HP (HPQ) Hurt by Declining Demand, High Inventory Levels Per the Zacks analyst, HP is hurt by declining demand for its consumer and commercial PCs. Also, high inventory levels at channel partners are leading to order delays. Robust Snacks Business Aids Kellogg (K), High Costs a Woe Per the Zacks analyst, Kellogg has been benefiting from strength in its world-class snack brands. However, the company is grappling with rising input cost inflation for a while. Rising Investment Income, Acquisitions Aid Owl Rock (ORCC) Per the Zacks analyst, the company's revenues are driven by higher investment income, thanks to its improved interest income. Buyouts enhance its capabilities and diversify the business. Strong Image Processing Chip Demand Aid Ambarella (AMBA) Per the Zacks analyst, strong demand for video compression and image processing chips are aiding Ambarella's growth. Recovery in the automotive market is also a positive. NuVasive's (NUVA) Globus Medical Merger to Aid Strategically The Zacks analyst is pleased with NuVasive's $3.1-billion merger deal with Globus Medical. This will bring together two major players in the musculoskeletal space that is now valued at $50 billion. New Upgrades Government Services Group segment Benefits Tetra Tech (TTEK) Per the Zacks analyst, Tetra Tech is benefitting from its Government Services Group Segment, driven by robust water and environmental programs. A strong backlog level will also be beneficial. Robust Investment Banking Arm Aid Evercore (EVR), Costs Up Per the Zacks analyst, strong investment banking business, expansion of geographic footprint and client base will aid Evercore's revenues. Yet, rising expenses and stiff competition are headwinds. Reduced Costs to Drive America Eagle's (AEO) Bottom Line Per the Zacks analyst, American Eagle has been witnessing solid merchandise margin, reduced product costs as well as lower compensations and delivery costs. This led Q4 bottom line to rise 5.7%. New Downgrades Gol Linhas (GOL) Continues to Grapple With Higher Fuel Costs The Zacks analyst is worried about the escalating fuel prices as they are likely to keep the bottom line under pressure. Silicon Motion (SIMO) Hurt by High Inventory, Supply-Chain Woes Per the Zacks analyst, high inventory levels in the post-pandemic market, supply chain constraints and uncertain geopolitical conditions are likely to hurt the margins of Silicon Motion. Higher Input Cost Inflation Hurt Louisiana-Pacific (LPX) Per the Zacks analyst, high raw material, freight and labor costs, and economic uncertainty hurt Louisiana-Pacific's growth prospects. 5 Stocks Set to Double Each was handpicked by a Zacks expert as the #1 favorite stock to gain +100% or more in 2021. Previous recommendations have soared +143.0%, +175.9%, +498.3% and +673.0%. Most of the stocks in this report are flying under Wall Street radar, which provides a great opportunity to get in on the ground floor. Today, See These 5 Potential Home Runs >> Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report HP Inc. (HPQ) : Free Stock Analysis Report Duke Energy Corporation (DUK) : Free Stock Analysis Report Union Pacific Corporation (UNP) : Free Stock Analysis Report Starbucks Corporation (SBUX) : Free Stock Analysis Report Eni SpA (E) : Free Stock Analysis Report Copart, Inc. (CPRT) : Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
CPRT,2023-03-16,34.015,35.0825,33.9,35.005,"The Zacks Analyst Blog Highlights Union Pacific, Starbucks, Duke Energy, Copart and HP For Immediate Release Chicago, IL – March 16, 2023 – Zacks.com announces the list of stocks featured in the Analyst Blog. Every day the Zacks Equity Research analysts discuss the latest news and events impacting stocks and the financial markets. Stocks recently featured in the blog include: Union Pacific Corp. UNP, Starbucks Corp. SBUX, Duke Energy Corp. DUK, Copart, Inc. CPRT and HP Inc. HPQ Here are highlights from Wednesday’s Analyst Blog: Top Analyst Reports for Union Pacific, Starbucks and Duke Energy The Zacks Research Daily presents the best research output of our analyst team. Today's Research Daily features new research reports on 16 major stocks, including Union Pacific Corp., Starbucks Corp. and Duke Energy Corp.. These research reports have been hand-picked from the roughly 70 reports published by our analyst team today. You can see all of today's research reports here >>> Shares of Union Pacific have underperformed the Zacks Transportation - Rail industry over the past year (-26.1% vs. -18.7%). The company is facing the heat due to the escalation in fuel costs, as oil prices move north which is worrisome. This phenomenon induced a 20% rise in operating expenses in 2022. Fuel costs surged 68% last year. The same is likely to be high in the March quarter as well. However, Union Pacific's efforts to reward its shareholders even in the current uncertain scenario please us. The company hiked dividend twice in 2021. In May 2022, UNP further upped its quarterly dividend by 10%. The railroad operator is also active on the buyback front. In 2022, UNP bought back shares worth $6,282 million. The railroad operator paid dividends worth $3,159 million in 2022. UNP's strong free cash flow generating ability supports its shareholder-friendly activities. The uptick in overall volumes (up 2% year over year in 2002) as labor woes ease is an added positive. (You can read the full research report on Union Pacific here >>>) Starbucks shares have outperformed the Zacks Retail - Restaurants industry over the past year (+14.0% vs. +7.8%). The company is benefiting from solid global brand recognition supporting which management focuses on increasingglobal marketshare by judiciously opening stores in new and existing markets, and remodeling existing stores. North America comps continue to impress investors. The company also aids from successful menu innovations and digital initiatives along with its exceptional loyalty programs. However, its performance continues to be negatively impacted by dismal China results, higher-than-expected inflationary pressures, increased costs and a tight labor market. Earnings estimate for fiscal 2023 declined in the past 60 days depicting analysts' concern over its growth prospects. (You can read the full research report on Starbucks here >>>) Shares of Duke Energy have underperformed the Zacks Utility - Electric Power industry over the past year (-10.3% vs. -7.8%). The company's ability to achieve a net-zero target by 2050 at a cost-effective price could be at risk due to higher technological resource prices. A comparative analysis of the stock's trailing 12-month Enterprise Value/Sales ratio shows a gloomy picture that may concern investors. Nevertheless, Duke Energy is a premier utility service provider which focuses on expanding its scale of operations and implementing modern technologies at its facilities by investing heavily in infrastructure and expansion projects. During the 2023-2027 period, the company plans capital investments of $65 billion. It also plans to expand in the electric vehicle segment. (You can read the full research report on Duke Energy here >>>) Other noteworthy reports we are featuring today include Copart, Inc. and HP Inc. Why Haven't You Looked at Zacks' Top Stocks? Since 2000, our top stock-picking strategies have blown away the S&P's +6.2 average gain per year. Amazingly, they soared with average gains of +46.4%, +49.5% and +55.2% per year. Today you can access their live picks without cost or obligation. See Stocks Free >> Media Contact Zacks Investment Research 800-767-3771 ext. 9339 support@zacks.com https://www.zacks.com Past performance is no guarantee of future results. Inherent in any investment is the potential for loss. This material is being provided for informational purposes only and nothing herein constitutes investment, legal, accounting or tax advice, or a recommendation to buy, sell or hold a security. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. It should not be assumed that any investments in securities, companies, sectors or markets identified and described were or will be profitable. All information is current as of the date of herein and is subject to change without notice. Any views or opinions expressed may not reflect those of the firm as a whole. Zacks Investment Research does not engage in investment banking, market making or asset management activities of any securities. These returns are from hypothetical portfolios consisting of stocks with Zacks Rank = 1 that were rebalanced monthly with zero transaction costs. These are not the returns of actual portfolios of stocks. The S&P 500 is an unmanaged index. Visit https://www.zacks.com/performance for information about the performance numbers displayed in this press release. Is THIS the Ultimate New Clean Energy Source? (4 Ways to Profit) The world is increasingly focused on eliminating fossil fuels and ramping up use of renewable, clean energy sources. Hydrogen fuel cells, powered by the most abundant substance in the universe, could provide an unlimited amount of ultra-clean energy for multiple industries. Our urgent special report reveals 4 hydrogen stocks primed for big gains - plus our other top clean energy stocks. See Stocks Now Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report HP Inc. (HPQ) : Free Stock Analysis Report Duke Energy Corporation (DUK) : Free Stock Analysis Report Union Pacific Corporation (UNP) : Free Stock Analysis Report Starbucks Corporation (SBUX) : Free Stock Analysis Report Copart, Inc. (CPRT) : Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
CPRT,2023-03-17,34.805,34.99,34.49,34.86,
CPRT,2023-03-20,34.935,35.295,34.795,35.265,
CPRT,2023-03-21,35.505,35.6825,35.285,35.585,
CPRT,2023-03-22,35.585,36.07,35.235,35.245,"Why Is Copart, Inc. (CPRT) Up 3.1% Since Last Earnings Report? It has been about a month since the last earnings report for Copart, Inc. (CPRT). Shares have added about 3.1% in that time frame, outperforming the S&P 500. Will the recent positive trend continue leading up to its next earnings release, or is Copart, Inc. due for a pullback? Before we dive into how investors and analysts have reacted as of late, let's take a quick look at the most recent earnings report in order to get a better handle on the important drivers. Copart Q2 Earnings Beat Eatimates & Rise Y/Y Copart reported second-quarter fiscal 2023 (ended Jan 31, 2023) adjusted earnings per share of 61 cents, beating the Zacks Consensus Estimate of 56 cents. The outperformance was due to higher-than-anticipated service revenues. The bottom line also increased 10.9% year over year. The online auto auction leader generated revenues of $956.7 million, beating the Zacks Consensus Estimate of $934 million. The top line also increased 10.3% from the year-ago reported figure. Fiscal second-quarter service revenues came in at $789.8 million, up from $711.1 million recorded in the year-earlier period as well as outpacing the consensus mark of $764 million. Service revenues accounted for 82.5% of the total revenues. Vehicle sales totaled $166.9 million in the quarter, up from the prior-year level of $156.4 million. The figure, however, lagged the consensus mark of $169 million. Gross profit was up 5.7% year over year to $426.5 million. Total operating expenses flared up 13.7% to $591.2 million. General and administrative expenses rose 11.9% from the prior-year quarter to $47.8 million. Operating income rose to $365.5 million from $347.3 million recorded in the year-ago quarter. Net income also inched up 2.2% year over year to $293.6 million. Copart had cash, cash equivalents and restricted cash of $1,660.9 million as of Jan 31, 2023, compared with $1,384.2 million as of Jul 31, 2022. Long-term debt reduced to $1,946,000 at the end of the reported quarter from $1,996,000 as of Jul 31, 2022. How Have Estimates Been Moving Since Then? In the past month, investors have witnessed an upward trend in estimates revision. VGM Scores At this time, Copart, Inc. has a subpar Growth Score of D, a grade with the same score on the momentum front. Following the exact same course, the stock was allocated a grade of D on the value side, putting it in the bottom 40% for this investment strategy. Overall, the stock has an aggregate VGM Score of F. If you aren't focused on one strategy, this score is the one you should be interested in. Outlook Estimates have been trending upward for the stock, and the magnitude of these revisions looks promising. It comes with little surprise Copart, Inc. has a Zacks Rank #2 (Buy). We expect an above average return from the stock in the next few months. 5 Stocks Set to Double Each was handpicked by a Zacks expert as the #1 favorite stock to gain +100% or more in 2021. Previous recommendations have soared +143.0%, +175.9%, +498.3% and +673.0%. Most of the stocks in this report are flying under Wall Street radar, which provides a great opportunity to get in on the ground floor. Today, See These 5 Potential Home Runs >> Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Copart, Inc. (CPRT) : Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
CPRT,2023-03-23,35.36,35.96,35.255,35.615,
CPRT,2023-03-24,35.375,35.75,35.0625,35.715,
CPRT,2023-03-27,35.86,36.4,35.8,36.365,
CPRT,2023-03-28,36.33,36.715,36.3,36.555,
CPRT,2023-03-29,36.85,37.11,36.635,37.02,
CPRT,2023-03-30,37.27,37.41,36.705,36.74,"Guru Fundamental Report for CPRT - Warren Buffett Below is Validea's guru fundamental report for COPART, INC. (CPRT). Of the 22 guru strategies we follow, CPRT rates highest using our Patient Investor model based on the published strategy of Warren Buffett. This strategy seeks out firms with long-term, predictable profitability and low debt that trade at reasonable valuations. COPART, INC. (CPRT) is a large-cap growth stock in the Business Services industry. The rating using this strategy is 99% based on the firm’s underlying fundamentals and the stock’s valuation. A score of 80% or above typically indicates that the strategy has some interest in the stock and a score above 90% typically indicates strong interest. The following table summarizes whether the stock meets each of this strategy's tests. Not all criteria in the below table receive equal weighting or are independent, but the table provides a brief overview of the strong and weak points of the security in the context of the strategy's criteria. EARNINGS PREDICTABILITY: PASS DEBT SERVICE: PASS RETURN ON EQUITY: PASS RETURN ON TOTAL CAPITAL: PASS FREE CASH FLOW: PASS USE OF RETAINED EARNINGS: PASS SHARE REPURCHASE: NEUTRAL INITIAL RATE OF RETURN: PASS EXPECTED RETURN: PASS Detailed Analysis of COPART, INC. CPRT Guru Analysis CPRT Fundamental Analysis More Information on Warren Buffett Warren Buffett Portfolio Top Warren Buffett Stocks About Warren Buffett: Warren Buffett is considered by many to be the greatest investor of all time. As the chairman of Berkshire Hathaway, Buffett has consistently outperformed the S&P 500 for decades, and in the process has become one of the world's richest men. (Forbes puts his net worth at $37 billion.) Despite his fortune, Buffett is known for living a modest lifestyle, by billionaire standards. His primary residence remains the gray stucco Nebraska home he purchased for $31,500 nearly 50 years ago, according to Forbes, and his folksy Midwestern manner and penchant for simple pleasures -- a cherry Coke, a good burger, and a good book are all near the top of the list -- have been well-documented. Additional Research Links Factor-Based Stock Portfolios Factor-Based ETF Portfolios Harry Browne Permanent Portfolio Ray Dalio All Weather Portfolio About Validea: Validea is aninvestment researchservice that follows the published strategies of investment legends. Validea offers both stock analysis and model portfolios based on gurus who have outperformed the market over the long-term, including Warren Buffett, Benjamin Graham, Peter Lynch and Martin Zweig. For more information about Validea, click here Sponsored Links MD: If You Have Dark Spots, Do This Immediately (It's Genius!) GundryMD Learn more The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
CPRT,2023-03-31,36.885,37.705,36.785,37.605,
CPRT,2023-04-03,37.36,37.835,37.1925,37.74,
CPRT,2023-04-04,37.745,38.115,37.5675,37.835,
CPRT,2023-04-05,37.665,37.785,37.195,37.34,
CPRT,2023-04-06,37.03,37.26,36.78,37.19,
CPRT,2023-04-10,36.965,37.515,36.83,37.485,
CPRT,2023-04-11,37.635,37.915,37.545,37.87,
CPRT,2023-04-12,38.045,38.344,37.92,38.07,
CPRT,2023-04-13,38.27,38.435,38.05,38.37,
CPRT,2023-04-14,38.31,38.675,38.065,38.56,
CPRT,2023-04-17,38.58,38.795,38.435,38.71,
CPRT,2023-04-18,38.92,39.025,38.745,38.855,
CPRT,2023-04-19,38.705,39.085,38.665,39.04,
CPRT,2023-04-20,38.805,39.29,38.76,39.04,"Guru Fundamental Report for CPRT - Warren Buffett Below is Validea's guru fundamental report for COPART, INC. (CPRT). Of the 22 guru strategies we follow, CPRT rates highest using our Patient Investor model based on the published strategy of Warren Buffett. This strategy seeks out firms with long-term, predictable profitability and low debt that trade at reasonable valuations. COPART, INC. (CPRT) is a large-cap growth stock in the Business Services industry. The rating using this strategy is 99% based on the firm’s underlying fundamentals and the stock’s valuation. A score of 80% or above typically indicates that the strategy has some interest in the stock and a score above 90% typically indicates strong interest. The following table summarizes whether the stock meets each of this strategy's tests. Not all criteria in the below table receive equal weighting or are independent, but the table provides a brief overview of the strong and weak points of the security in the context of the strategy's criteria. EARNINGS PREDICTABILITY: PASS DEBT SERVICE: PASS RETURN ON EQUITY: PASS RETURN ON TOTAL CAPITAL: PASS FREE CASH FLOW: PASS USE OF RETAINED EARNINGS: PASS SHARE REPURCHASE: NEUTRAL INITIAL RATE OF RETURN: PASS EXPECTED RETURN: PASS Detailed Analysis of COPART, INC. CPRT Guru Analysis CPRT Fundamental Analysis More Information on Warren Buffett Warren Buffett Portfolio Top Warren Buffett Stocks About Warren Buffett: Warren Buffett is considered by many to be the greatest investor of all time. As the chairman of Berkshire Hathaway, Buffett has consistently outperformed the S&P 500 for decades, and in the process has become one of the world's richest men. (Forbes puts his net worth at $37 billion.) Despite his fortune, Buffett is known for living a modest lifestyle, by billionaire standards. His primary residence remains the gray stucco Nebraska home he purchased for $31,500 nearly 50 years ago, according to Forbes, and his folksy Midwestern manner and penchant for simple pleasures -- a cherry Coke, a good burger, and a good book are all near the top of the list -- have been well-documented. Additional Research Links Factor-Based Stock Portfolios Factor-Based ETF Portfolios Harry Browne Permanent Portfolio Ray Dalio All Weather Portfolio About Validea: Validea is aninvestment researchservice that follows the published strategies of investment legends. Validea offers both stock analysis and model portfolios based on gurus who have outperformed the market over the long-term, including Warren Buffett, Benjamin Graham, Peter Lynch and Martin Zweig. For more information about Validea, click here The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
CPRT,2023-04-21,38.86,39.225,38.815,39.195,
CPRT,2023-04-24,39.095,39.3825,39.04,39.275,
CPRT,2023-04-25,39.06,39.105,38.6,38.765,"3 Growth Stocks You Can Buy Right Now With Less Than $100 Are you struggling to find a good growth company whose shares aren't trading at a sky-high price? You're not imagining the challenge. Many growth stocks are priced at several hundred dollars apiece; some are even trading in excess of $1,000. It can be tough for a new, small-time investor to get going, but it's not impossible. Here's a look a three great growth stock ideas that anyone with $100 should consider buying today. Expedia Current price: $93 There's no denying the COVID-19 pandemic took a massive toll on the travel industry. Then, last year's worldwide economic headwind did the same. Despite the huge rally between those two stumbling blocks, shares of online travel agent Expedia (NASDAQ: EXPE) are priced below where they were trading as of 2019 (and are knocking on the door of new 52-week lows). This weakness, however, ignores the travel industry's current reality. That is, not only is it on the mend, but it's also within sight of new records. Case in point: According to travel industry research outfit OAG, this year's total international air travel demand is the strongest since 2020, tracking just 4% below 2019's levels. And that data jibes with numbers from the Airports Council International and the International Air Transport Association, the latter believing air travel will reach and then exceed pre-pandemic levels next year. And research house Bain & Company agrees with that outlook as well. And that's just air travel. Hotels are finding themselves particularly busy these days as well. The American Hotel & Lodging Association predicts this year's demand for hotel stays will swell to 1.3 million occupied room nights, eclipsing 2019's figure of 1.29 million. But that outlook may still be too pessimistic. Data from CoStar indicates the country saw full-year demand for hotel stays reach 1.3 million during the 12-month stretch ending in February. If the rebound maintains its current trajectory, it could move above the projected recovery before the end of 2023. The point is that people are traveling again, and that's good for Expedia. Although there's always a risk that a recession could crimp this growing demand, notice that months' worth of chatter about a looming recession has yet to prove correct. It's increasingly looking like consumers will simply barrel through whatever economic headwinds take shape. Copart Current price: $78 If you've gone shopping for a new car lately, you've likely suffered a bit of sticker shock. Kelley Blue Book reports that the average price paid for a new car purchased in the United States in March of this year was a whopping $48,008. And that's down slightly from February's figure. In fact, new car prices have been sliding since December and should continue to sink now that materials costs are coming down. Still, a car priced anywhere near that amount remains unaffordable for most U.S. consumers. Instead, many car owners will keep their current vehicles running for as long as they can or purchase used ones. Enter Copart (NASDAQ: CPRT). It's not a household name, but if you or someone in your household has ever paid for a major automobile repair, there's a good chance you or they have benefited from its service. Copart not only is an auto auctioneer but also sells automobiles to buyers looking for parts, like body shops, salvagers, dealers, and dismantlers that ""part out"" vehicles. These parted-out components are refurbished and then sold to repair garages for a fraction of the costs of new original equipment manufacturer (OEM) parts. The proof of the growing demand for used cars and car parts is in the numbers. The only time since 2016 that Copart's seen revenue sink was during the first couple of quarters of 2020 when the pandemic shut down, well, everything. Since then, year-over-year sales growth has been reliable. Operating income and per-share profits have made similarly impressive forward progress. CPRT Revenue (Quarterly) data by YCharts. EPS = earnings per share. Analysts don't think this growth will be interrupted anytime soon, either. They're collectively calling for top-line growth of more than 9% this year, while next year's call for 7% sales growth seems unnecessarily tepid. Meanwhile, these same analysts expect last year's per-share profits of $2.23 to reach $2.39 this year en route to next year's projected per-share earnings of $2.63. Charles Schwab Current price: $54 Last but certainly not least, add Charles Schwab (NYSE: SCHW) to your list of growth stocks you can buy for less than $100 per share. Regular followers of the market will know shares of this brokerage outfit were up-ended by the collapse of Silicon Valley Bank in early March. The bank was sitting on a portfolio of bonds with huge unrealized losses that had to be liquidated, locking in those losses. The market feared Charles Schwab was in a similar situation. And to be fair, the company could have been facing a little more than its fair share of liquidity trouble. That's why Schwab stock took a big 35% tumble in less than a month. With its first-quarter report now in hand, though, we can see the company's in nowhere near the jeopardy Silicon Valley Bank was. The type of securities Silicon Valley Bank was forced to sell at steep losses to fully fund its customers' withdrawals? Schwab's still got plenty of them, and they're still holding the bulk of their value. Specifically, Charles Schwab is still sitting on $155.8 billion worth of these available-for-sale securities, and that's in addition to $37 billion worth of cash and $40 billion worth of cash-like holdings. And with the risk of future so-called ""bank runs"" (where a bank's customers all collectively withdraw more cash than the bank has readily available to provide them) now abating, the brokerage house can begin reoptimizing these assets that back up customer deposits. However, that's not the only reason you'll want to jump into a new position in Schwab while the stock's still down 37% from its January high. The same increase in interest rates that hurt the value of banks' asset bases is also now leading to big, sustainable increases in net interest income. Charles Schwab collected nearly $2.8 billion worth of net interest income last quarter, up 27% from the year-ago comparison. With rates not likely to move meaningfully lower anytime soon, the broker should be able to maintain this interest earnings boon for the foreseeable future. 10 stocks we like better than Expedia Group When our analyst team has a stock tip, it can pay to listen. After all, the newsletter they have run for over a decade, Motley Fool Stock Advisor, has tripled the market.* They just revealed what they believe are the ten best stocks for investors to buy right now... and Expedia Group wasn't one of them! That's right -- they think these 10 stocks are even better buys. See the 10 stocks *Stock Advisor returns as of April 21, 2023 Charles Schwab is an advertising partner of The Ascent, a Motley Fool company. James Brumley has no position in any of the stocks mentioned. The Motley Fool recommends Charles Schwab and Copart. The Motley Fool has a disclosure policy. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
CPRT,2023-04-26,38.435,38.87,38.351,38.555,
CPRT,2023-04-27,38.7125,38.94,38.525,38.88,"Is Copart (CPRT) Outperforming Other Business Services Stocks This Year? The Business Services group has plenty of great stocks, but investors should always be looking for companies that are outperforming their peers. Is Copart, Inc. (CPRT) one of those stocks right now? By taking a look at the stock's year-to-date performance in comparison to its Business Services peers, we might be able to answer that question. Copart, Inc. is a member of our Business Services group, which includes 335 different companies and currently sits at #8 in the Zacks Sector Rank. The Zacks Sector Rank considers 16 different groups, measuring the average Zacks Rank of the individual stocks within the sector to gauge the strength of each group. The Zacks Rank is a proven system that emphasizes earnings estimates and estimate revisions, highlighting a variety of stocks that are displaying the right characteristics to beat the market over the next one to three months. Copart, Inc. is currently sporting a Zacks Rank of #2 (Buy). The Zacks Consensus Estimate for CPRT's full-year earnings has moved 4.2% higher within the past quarter. This shows that analyst sentiment has improved and the company's earnings outlook is stronger. Our latest available data shows that CPRT has returned about 26.6% since the start of the calendar year. Meanwhile, the Business Services sector has returned an average of 0.4% on a year-to-date basis. This shows that Copart, Inc. is outperforming its peers so far this year. One other Business Services stock that has outperformed the sector so far this year is Duolingo, Inc. (DUOL). The stock is up 92% year-to-date. For Duolingo, Inc. the consensus EPS estimate for the current year has increased 42.5% over the past three months. The stock currently has a Zacks Rank #2 (Buy). Looking more specifically, Copart, Inc. belongs to the Auction and Valuation Services industry, a group that includes 2 individual stocks and currently sits at #22 in the Zacks Industry Rank. Stocks in this group have gained about 20.9% so far this year, so CPRT is performing better this group in terms of year-to-date returns. Duolingo, Inc. however, belongs to the Technology Services industry. Currently, this 195-stock industry is ranked #112. The industry has moved -0.7% so far this year. Going forward, investors interested in Business Services stocks should continue to pay close attention to Copart, Inc. and Duolingo, Inc. as they could maintain their solid performance. Top 5 ChatGPT Stocks Revealed Zacks Senior Stock Strategist, Kevin Cook names 5 hand-picked stocks with sky-high growth potential in a brilliant sector of Artificial Intelligence. By 2030, the AI industry is predicted to have an internet and iPhone-scale economic impact of $15.7 Trillion. Today you can invest in the wave of the future, an automation that answers follow-up questions … admits mistakes … challenges incorrect premises … rejects inappropriate requests. As one of the selected companies puts it, “Automation frees people from the mundane so they can accomplish the miraculous.” Download Free ChatGPT Stock Report Right Now >> Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Copart, Inc. (CPRT) : Free Stock Analysis Report Duolingo, Inc. (DUOL) : Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
CPRT,2023-04-28,38.88,39.5475,38.865,39.525,
CPRT,2023-05-01,39.11,39.41,39.0225,39.2,"Should You Invest in the Invesco S&P 500 Equal Weight Industrials ETF (RGI)? Looking for broad exposure to the Industrials - Broad segment of the equity market? You should consider the Invesco S&P 500 Equal Weight Industrials ETF (RGI), a passively managed exchange traded fund launched on 11/01/2006. An increasingly popular option among retail and institutional investors, passively managed ETFs offer low costs, transparency, flexibility, and tax efficiency; they are also excellent vehicles for long term investors. Investor-friendly, sector ETFs provide many options to gain low risk and diversified exposure to a broad group of companies in particular sectors. Industrials - Broad is one of the 16 broad Zacks sectors within the Zacks Industry classification. It is currently ranked 1, placing it in top 6%. Index Details The fund is sponsored by Invesco. It has amassed assets over $368.70 million, making it one of the average sized ETFs attempting to match the performance of the Industrials - Broad segment of the equity market. RGI seeks to match the performance of the S&P 500 Equal Weight Industrials Index before fees and expenses. The S&P 500 Equal Weight Industrials Index equally weights stocks in the industrials sector of the S&P 500 Index. Costs Investors should also pay attention to an ETF's expense ratio. Lower cost products will produce better results than those with a higher cost, assuming all other metrics remain the same. Annual operating expenses for this ETF are 0.40%, making it on par with most peer products in the space. It has a 12-month trailing dividend yield of 1.10%. Sector Exposure and Top Holdings It is important to delve into an ETF's holdings before investing despite the many upsides to these kinds of funds like diversified exposure, which minimizes single stock risk. And, most ETFs are very transparent products that disclose their holdings on a daily basis. This ETF has heaviest allocation in the Industrials sector--about 100% of the portfolio. Looking at individual holdings, Fedex Corp (FDX) accounts for about 1.53% of total assets, followed by Copart Inc (CPRT) and Waste Management Inc (WM). The top 10 holdings account for about 14.54% of total assets under management. Performance and Risk The ETF return is roughly 4.82% and is up about 3.42% so far this year and in the past one year (as of 05/01/2023), respectively. RGI has traded between $154.92 and $195.63 during this last 52-week period. The ETF has a beta of 1.16 and standard deviation of 21.74% for the trailing three-year period, making it a medium risk choice in the space. With about 74 holdings, it effectively diversifies company-specific risk. Alternatives Invesco S&P 500 Equal Weight Industrials ETF carries a Zacks ETF Rank of 3 (Hold), which is based on expected asset class return, expense ratio, and momentum, among other factors. Thus, RGI is a sufficient option for those seeking exposure to the Industrials ETFs area of the market. Investors might also want to consider some other ETF options in the space. Vanguard Industrials ETF (VIS) tracks MSCI US Investable Market Industrials 25/50 Index and the Industrial Select Sector SPDR ETF (XLI) tracks Industrial Select Sector Index. Vanguard Industrials ETF has $3.82 billion in assets, Industrial Select Sector SPDR ETF has $13.38 billion. VIS has an expense ratio of 0.10% and XLI charges 0.10%. Bottom Line To learn more about this product and other ETFs, screen for products that match your investment objectives and read articles on latest developments in the ETF investing universe, please visit Zacks ETF Center. Want key ETF info delivered straight to your inbox? Zacks’ free Fund Newsletter will brief you on top news and analysis, as well as top-performing ETFs, each week. Get it free >> Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Invesco S&P 500 Equal Weight Industrials ETF (RGI): ETF Research Reports Waste Management, Inc. (WM) : Free Stock Analysis Report FedEx Corporation (FDX) : Free Stock Analysis Report Copart, Inc. (CPRT) : Free Stock Analysis Report Vanguard Industrials ETF (VIS): ETF Research Reports Industrial Select Sector SPDR ETF (XLI): ETF Research Reports To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
CPRT,2023-05-02,39.19,39.415,38.83,39.36,"Validea's Top 5 Industrial Stocks Based On Benjamin Graham - 5/2/2023 The following are the top rated Industrial stocks according to Validea's Value Investor model based on the published strategy of Benjamin Graham. This deep value methodology screens for stocks that have low P/B and P/E ratios, along with low debt and solid long-term earnings growth. BLUELINX HOLDINGS INC. (BXC) is a small-cap value stock in the Constr. - Supplies & Fixtures industry. The rating according to our strategy based on Benjamin Graham is 86% based on the firm’s underlying fundamentals and the stock’s valuation. A score of 80% or above typically indicates that the strategy has some interest in the stock and a score above 90% typically indicates strong interest. Company Description: BlueLinx Holdings, Inc. is a wholesale distributor of residential and commercial building products in the United States. The Company provides both branded and private-label stock keeping units (SKUs) across product categories, such as lumber, panels, engineered wood, siding, millwork, and industrial products. The Company distributes its products in two principal categories: specialty products and structural products. Specialty products include items such as engineered wood, siding, millwork, outdoor living, specialty lumber and panels, and industrial products. Structural products include items such as lumber, plywood, oriented strand board, rebar, and remesh and other wood products primarily used for structural support in construction projects. The Company also offers a range of value-added services and solutions to its customers and suppliers, including inventory stocking; intermodal distribution services; milling and fabrication services, and backhaul services. The following table summarizes whether the stock meets each of this strategy's tests. Not all criteria in the below table receive equal weighting or are independent, but the table provides a brief overview of the strong and weak points of the security in the context of the strategy's criteria. SECTOR: PASS SALES: PASS CURRENT RATIO: PASS LONG-TERM DEBT IN RELATION TO NET CURRENT ASSETS: PASS LONG-TERM EPS GROWTH: FAIL P/E RATIO: PASS PRICE/BOOK RATIO: PASS Detailed Analysis of BLUELINX HOLDINGS INC. BXC Guru Analysis BXC Fundamental Analysis COPART, INC. (CPRT) is a large-cap growth stock in the Business Services industry. The rating according to our strategy based on Benjamin Graham is 71% based on the firm’s underlying fundamentals and the stock’s valuation. A score of 80% or above typically indicates that the strategy has some interest in the stock and a score above 90% typically indicates strong interest. Company Description: Copart, Inc. (Copart) is a provider of online auctions and vehicle remarketing services. The Company provides vehicle sellers with a full range of services to process and sell vehicles over the Internet through the Company's Virtual Bidding Third Generation (VB3) Internet auction-style sales technology. The Company sells vehicles principally to licensed vehicle dismantlers, rebuilders, repair licensees, used vehicle dealers, exporters, and directly to the general public. The Company operates through two segments: United States and International. Its service offerings include Copart Access, Copart ProQuote, IntelliSeller and Estimating Services. Through Copart Access, it enables Internet-based service for vehicle sellers to assign vehicles for sale, check sales calendars, view vehicle images and history, Its vehicle sellers consist primarily of insurance companies, banks, finance companies, charities, fleet operators, dealers, vehicle rental companies, and individuals. The following table summarizes whether the stock meets each of this strategy's tests. Not all criteria in the below table receive equal weighting or are independent, but the table provides a brief overview of the strong and weak points of the security in the context of the strategy's criteria. SECTOR: PASS SALES: PASS CURRENT RATIO: PASS LONG-TERM DEBT IN RELATION TO NET CURRENT ASSETS: PASS LONG-TERM EPS GROWTH: PASS P/E RATIO: FAIL PRICE/BOOK RATIO: FAIL Detailed Analysis of COPART, INC. CPRT Guru Analysis CPRT Fundamental Analysis HEALTHCARE SERVICES GROUP, INC. (HCSG) is a small-cap growth stock in the Restaurants industry. The rating according to our strategy based on Benjamin Graham is 71% based on the firm’s underlying fundamentals and the stock’s valuation. A score of 80% or above typically indicates that the strategy has some interest in the stock and a score above 90% typically indicates strong interest. Company Description: Healthcare Services Group, Inc. provides management, administrative and operating services to the housekeeping, laundry, linen, facility maintenance and dietary service departments of healthcare facilities, including nursing homes, retirement complexes, rehabilitation centers and hospitals located throughout the United States. It operates through two segments: housekeeping, laundry, linen and other services (Housekeeping), and dietary department services (Dietary). Its Housekeeping service involves the management of a customers' housekeeping department, which is responsible for the cleaning, disinfecting and sanitizing resident rooms and common areas of a customers' facilities, as well as laundering and processing of the bed linens. Its Dietary segment consist of managing the customers' dietary department, which is responsible for food purchasing, meal preparation and providing professional dietitian services, including the development of menus that meet the dietary needs of residents. The following table summarizes whether the stock meets each of this strategy's tests. Not all criteria in the below table receive equal weighting or are independent, but the table provides a brief overview of the strong and weak points of the security in the context of the strategy's criteria. SECTOR: PASS SALES: PASS CURRENT RATIO: PASS LONG-TERM DEBT IN RELATION TO NET CURRENT ASSETS: PASS LONG-TERM EPS GROWTH: PASS P/E RATIO: FAIL PRICE/BOOK RATIO: FAIL Detailed Analysis of HEALTHCARE SERVICES GROUP, INC. HCSG Guru Analysis HCSG Fundamental Analysis TITAN MACHINERY INC (TITN) is a small-cap value stock in the Constr. & Agric. Machinery industry. The rating according to our strategy based on Benjamin Graham is 71% based on the firm’s underlying fundamentals and the stock’s valuation. A score of 80% or above typically indicates that the strategy has some interest in the stock and a score above 90% typically indicates strong interest. Company Description: Titan Machinery Inc. owns and operates a network of full-service agricultural and construction equipment stores in the United States and Europe. The Company operates its business through three reportable segments: Agriculture, Construction and International, within which the Company engaged in four principal business activities, including new and used equipment sales, parts sales, equipment repair and maintenance services, and equipment rental and other activities. Its agriculture stores in the United States are located in Iowa, Minnesota, Nebraska, North Dakota, South Dakota and Wyoming. The Company's construction stores are located in Colorado, Iowa, Minnesota, Nebraska, North Dakota, South Dakota and Wisconsin. Its international stores are located in the European countries of Bulgaria, Germany, Romania and Ukraine. The Company has a network of approximately 86 stores located in the United States and over 35 stores in Europe. The following table summarizes whether the stock meets each of this strategy's tests. Not all criteria in the below table receive equal weighting or are independent, but the table provides a brief overview of the strong and weak points of the security in the context of the strategy's criteria. SECTOR: PASS SALES: PASS CURRENT RATIO: FAIL LONG-TERM DEBT IN RELATION TO NET CURRENT ASSETS: PASS LONG-TERM EPS GROWTH: FAIL P/E RATIO: PASS PRICE/BOOK RATIO: PASS Detailed Analysis of TITAN MACHINERY INC TITN Guru Analysis TITN Fundamental Analysis MATSON INC (MATX) is a mid-cap value stock in the Water Transportation industry. The rating according to our strategy based on Benjamin Graham is 71% based on the firm’s underlying fundamentals and the stock’s valuation. A score of 80% or above typically indicates that the strategy has some interest in the stock and a score above 90% typically indicates strong interest. Company Description: Matson, Inc. is a holding company that provides ocean transportation and logistics services. The Company's segments include Ocean Transportation and Logistics. The Ocean Transportation business is conducted through Matson Navigation Company, Inc. (MatNav), a wholly owned subsidiary of the Company. MatNav provides ocean freight transportation services to the domestic non-contiguous economies of Hawaii, Alaska and Guam, and to other island economies in Micronesia. MatNav also operates expedited services from China to Long Beach, California, and provides services to Okinawa, Japan and various islands in the South Pacific, and operates an international export service from Dutch Harbor, Alaska to Asia. The logistics business is conducted through Matson Logistics, Inc. (Matson Logistics), a wholly owned subsidiary of MatNav. Matson Logistics provides a variety of logistics services to its customers, such as transportation brokerage services, freight forwarding services, and others. The following table summarizes whether the stock meets each of this strategy's tests. Not all criteria in the below table receive equal weighting or are independent, but the table provides a brief overview of the strong and weak points of the security in the context of the strategy's criteria. SECTOR: PASS SALES: PASS CURRENT RATIO: FAIL LONG-TERM DEBT IN RELATION TO NET CURRENT ASSETS: FAIL LONG-TERM EPS GROWTH: PASS P/E RATIO: PASS PRICE/BOOK RATIO: PASS Detailed Analysis of MATSON INC MATX Guru Analysis MATX Fundamental Analysis Benjamin Graham Portfolio Top Benjamin Graham Stocks About Benjamin Graham: The late Benjamin Graham may be the oldest of the gurus we follow, but his impact on the investing world has lasted for decades after his death in 1976. Known as both the ""Father of Value Investing"" and the founder of the entire field of security analysis, Graham mentored several of history's greatest investors -- including Warren Buffett -- and inspired a slew of others, including John Templeton, Mario Gabelli, and another of Validea's gurus, John Neff. Graham built his fortune and reputation after living through some extremely difficult times, including both the Great Depression and his own family's financial woes following his father's death when Benjamin was a young man. His investment firm posted per annum returns of about 20 percent from 1936 to 1956, far outpacing the 12.2 percent average return for the market during that time. About Validea: Validea is aninvestment researchservice that follows the published strategies of investment legends. Validea offers both stock analysis and model portfolios based on gurus who have outperformed the market over the long-term, including Warren Buffett, Benjamin Graham, Peter Lynch and Martin Zweig. For more information about Validea, click here The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
CPRT,2023-05-03,39.57,40.04,39.425,39.45,
CPRT,2023-05-04,39.375,39.495,39.06,39.115,
CPRT,2023-05-05,39.085,39.565,39.085,39.445,
CPRT,2023-05-08,39.42,39.8455,39.275,39.71,
CPRT,2023-05-09,39.69,39.895,39.57,39.75,
CPRT,2023-05-10,40.01,40.1,39.615,40.0,"Ritchie Bros. (RBA) Surpasses Q1 Earnings and Revenue Estimates Ritchie Bros. (RBA) came out with quarterly earnings of $0.57 per share, beating the Zacks Consensus Estimate of $0.52 per share. This compares to earnings of $0.46 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of 9.62%. A quarter ago, it was expected that this heavy equipment auctioneer would post earnings of $0.58 per share when it actually produced earnings of $0.68, delivering a surprise of 17.24%. Over the last four quarters, the company has surpassed consensus EPS estimates four times. Ritchie Bros., which belongs to the Zacks Auction and Valuation Services industry, posted revenues of $512.4 million for the quarter ended March 2023, surpassing the Zacks Consensus Estimate by 19.95%. This compares to year-ago revenues of $393.92 million. The company has topped consensus revenue estimates three times over the last four quarters. The sustainability of the stock's immediate price movement based on the recently-released numbers and future earnings expectations will mostly depend on management's commentary on the earnings call. Ritchie Bros. Shares have lost about 0.2% since the beginning of the year versus the S&P 500's gain of 7.3%. What's Next for Ritchie Bros. While Ritchie Bros. Has underperformed the market so far this year, the question that comes to investors' minds is: what's next for the stock? There are no easy answers to this key question, but one reliable measure that can help investors address this is the company's earnings outlook. Not only does this include current consensus earnings expectations for the coming quarter(s), but also how these expectations have changed lately. Empirical research shows a strong correlation between near-term stock movements and trends in earnings estimate revisions. Investors can track such revisions by themselves or rely on a tried-and-tested rating tool like the Zacks Rank, which has an impressive track record of harnessing the power of earnings estimate revisions. Ahead of this earnings release, the estimate revisions trend for Ritchie Bros. Mixed. While the magnitude and direction of estimate revisions could change following the company's just-released earnings report, the current status translates into a Zacks Rank #3 (Hold) for the stock. So, the shares are expected to perform in line with the market in the near future. You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here. It will be interesting to see how estimates for the coming quarters and current fiscal year change in the days ahead. The current consensus EPS estimate is $0.70 on $1.05 billion in revenues for the coming quarter and $2.53 on $3.4 billion in revenues for the current fiscal year. Investors should be mindful of the fact that the outlook for the industry can have a material impact on the performance of the stock as well. In terms of the Zacks Industry Rank, Auction and Valuation Services is currently in the top 50% of the 250 plus Zacks industries. Our research shows that the top 50% of the Zacks-ranked industries outperform the bottom 50% by a factor of more than 2 to 1. One other stock from the same industry, Copart, Inc. (CPRT), is yet to report results for the quarter ended April 2023. This company is expected to post quarterly earnings of $0.62 per share in its upcoming report, which represents a year-over-year change of +5.1%. The consensus EPS estimate for the quarter has remained unchanged over the last 30 days. Copart, Inc.'s revenues are expected to be $1.01 billion, up 7.8% from the year-ago quarter. Top 5 ChatGPT Stocks Revealed Zacks Senior Stock Strategist, Kevin Cook names 5 hand-picked stocks with sky-high growth potential in a brilliant sector of Artificial Intelligence. By 2030, the AI industry is predicted to have an internet and iPhone-scale economic impact of $15.7 Trillion. Today you can invest in the wave of the future, an automation that answers follow-up questions … admits mistakes … challenges incorrect premises … rejects inappropriate requests. As one of the selected companies puts it, “Automation frees people from the mundane so they can accomplish the miraculous.” Download Free ChatGPT Stock Report Right Now >> Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Ritchie Bros. Auctioneers Incorporated (RBA) : Free Stock Analysis Report Copart, Inc. (CPRT) : Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
CPRT,2023-05-11,40.055,40.31,39.84,40.29,
CPRT,2023-05-12,40.285,40.9575,40.2275,40.905,
CPRT,2023-05-15,40.905,40.95,40.525,40.81,
CPRT,2023-05-16,40.7,40.73,40.225,40.6,"[""Noteworthy Tuesday Option Activity: CPRT, KLAC, MVIS Among the underlying components of the Russell 3000 index, we saw noteworthy options trading volume today in Copart Inc (Symbol: CPRT), where a total of 8,838 contracts have traded so far, representing approximately 883,800 underlying shares. That amounts to about 43.9% of CPRT's average daily trading volume over the past month of 2.0 million shares. Especially high volume was seen for the $85 strike call option expiring June 16, 2023, with 2,564 contracts trading so far today, representing approximately 256,400 underlying shares of CPRT. Below is a chart showing CPRT's trailing twelve month trading history, with the $85 strike highlighted in orange: KLA Corp (Symbol: KLAC) saw options trading volume of 4,425 contracts, representing approximately 442,500 underlying shares or approximately 43.9% of KLAC's average daily trading volume over the past month, of 1.0 million shares. Particularly high volume was seen for the $380 strike call option expiring June 16, 2023, with 693 contracts trading so far today, representing approximately 69,300 underlying shares of KLAC. Below is a chart showing KLAC's trailing twelve month trading history, with the $380 strike highlighted in orange: And Microvision Inc. (Symbol: MVIS) saw options trading volume of 8,779 contracts, representing approximately 877,900 underlying shares or approximately 42.9% of MVIS's average daily trading volume over the past month, of 2.0 million shares. Particularly high volume was seen for the $3 strike call option expiring May 19, 2023, with 2,662 contracts trading so far today, representing approximately 266,200 underlying shares of MVIS. Below is a chart showing MVIS's trailing twelve month trading history, with the $3 strike highlighted in orange: For the various different available expirations for CPRT options, KLAC options, or MVIS options, visit StockOptionsChannel.com. Today's Most Active Call & Put Options of the S&P 500 \u00bb Also see: \u0095 Larry Robbins Stock Picks \u0095 Top Ten Hedge Funds Holding OPFI \u0095 Institutional Holders of TY The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Guru Fundamental Report for CPRT - Warren Buffett Below is Validea's guru fundamental report for COPART, INC. (CPRT). Of the 22 guru strategies we follow, CPRT rates highest using our Patient Investor model based on the published strategy of Warren Buffett. This strategy seeks out firms with long-term, predictable profitability and low debt that trade at reasonable valuations. COPART, INC. (CPRT) is a large-cap growth stock in the Business Services industry. The rating using this strategy is 99% based on the firm\u2019s underlying fundamentals and the stock\u2019s valuation. A score of 80% or above typically indicates that the strategy has some interest in the stock and a score above 90% typically indicates strong interest. The following table summarizes whether the stock meets each of this strategy's tests. Not all criteria in the below table receive equal weighting or are independent, but the table provides a brief overview of the strong and weak points of the security in the context of the strategy's criteria. EARNINGS PREDICTABILITY: PASS DEBT SERVICE: PASS RETURN ON EQUITY: PASS RETURN ON TOTAL CAPITAL: PASS FREE CASH FLOW: PASS USE OF RETAINED EARNINGS: PASS SHARE REPURCHASE: NEUTRAL INITIAL RATE OF RETURN: PASS EXPECTED RETURN: PASS Detailed Analysis of COPART, INC. CPRT Guru Analysis CPRT Fundamental Analysis More Information on Warren Buffett Warren Buffett Portfolio Top Warren Buffett Stocks About Warren Buffett: Warren Buffett is considered by many to be the greatest investor of all time. As the chairman of Berkshire Hathaway, Buffett has consistently outperformed the S&P 500 for decades, and in the process has become one of the world's richest men. (Forbes puts his net worth at $37 billion.) Despite his fortune, Buffett is known for living a modest lifestyle, by billionaire standards. His primary residence remains the gray stucco Nebraska home he purchased for $31,500 nearly 50 years ago, according to Forbes, and his folksy Midwestern manner and penchant for simple pleasures -- a cherry Coke, a good burger, and a good book are all near the top of the list -- have been well-documented. Additional Research Links Factor-Based Stock Portfolios Factor-Based ETF Portfolios Harry Browne Permanent Portfolio Ray Dalio All Weather Portfolio About Validea: Validea is aninvestment researchservice that follows the published strategies of investment legends. Validea offers both stock analysis and model portfolios based on gurus who have outperformed the market over the long-term, including Warren Buffett, Benjamin Graham, Peter Lynch and Martin Zweig. For more information about Validea, click here The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Factors at Play Ahead of Copart's (CPRT) Q3 Earnings Release Copart, Inc. CPRT is set to release third-quarter fiscal 2023 results on May 17, after the closing bell. The Zacks Consensus Estimate for the quarter\u2019s earnings per share and revenues is 62 cents and $1.01 billion, respectively. The Zacks Consensus Estimate for quarterly revenues indicates a 7.7% rise year over year. The Zacks Consensus Estimate for fiscal third-quarter earnings has remained stable over the past 30 days. The bottom-line forecast calls for an increase of 5.08% year over year. In the last reported quarter, this Texas-based online vehicle auctioning company topped earnings estimates on higher-than-anticipated service revenues. The bottom line also increased 10.9% year over year. Over the trailing four quarters, Copart surpassed the Zacks Consensus Estimate thrice and missed once, the average surprise being 2.01%. Copart, Inc. Price and EPS Surprise Copart, Inc. price-eps-surprise | Copart, Inc. Quote Things to Consider Salvage auction volumes are likely to have remained elevated amid increased vehicle miles traveled and higher collision frequency. Additionally, aging vehicles and technologically-advanced auto parts might positively impact Copart\u2019s results. The costs of replacing such sophisticated components are extremely high, prompting insurance agencies to declare the vehicles as total loss. An expected increase in total loss rates is expected to have aided Copart\u2019s top line. Copart\u2019s active presence in the United States and international markets is likely to have bolstered the firm\u2019s performance in the to-be-reported quarter. The Zacks Consensus Estimate for service revenues is pegged at $814 million, indicating an uptick of 6.2% year over year. Also, the consensus mark for vehicle sales is $185 million, implying a rise from $174 million reported in the prior-year quarter. On the flip side, rising operating expenses and high storage and labor costs are expected to have dented margins. Operating costs have also been on the rise since several quarters amid increasing G&A expenditure. In the last reported quarter, the company\u2019s G&A expenditure increased 11.9% year over year. The trend is likely to have continued in the to-be-reported quarter as well, thereby denting margins. Also, increased investments due to business expansion are likely to have clipped Copart\u2019s bottom line to some extent. The company has been doubling down on storage-capacity expansion. In the first and second quarters of fiscal 2023, capex amounted to $257 million (up from $157 million in the comparable year-ago quarters), 80% of which was related to capacity expansion. Copart\u2019s continued efforts to prioritize expansion are likely to have clipped cash flows. What the Zacks Model Says Our proven model does not conclusively predict an earnings beat for Copart this time around. The combination of a positive Earnings ESP and a Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold) increases the odds of an earnings beat. That is not the case here. Earnings ESP: It has an Earnings ESP of 0.00%. This is because the Most Accurate Estimate of earnings is in line with the Zacks Consensus Estimate. You can uncover the best stocks to buy or sell before they\u2019re reported with our Earnings ESP Filter. Zacks Rank: Copart currently carries a Zacks Rank of 3. You can see the complete list of today\u2019s Zacks #1 Rank stocks here. Peer Release KAR Auctions Services Inc. KAR came out with first-quarter 2023 on May 2. It reported quarterly earnings of 12 cents per share, beating the Zacks Consensus Estimate of 9 cents. In the year-ago period, the company had incurred a loss of 2 cents per share. In the last four quarters, the company surpassed the consensus estimate twice for as many misses. KAR posted revenues of $420.6 million for the quarter ended March 2023, surpassing the Zacks Consensus Estimate by 8.36%. This compares to the year-ago revenues of $369.4 million. The company topped revenue estimates three times in the last four quarters and matched on the other occasion. Stay on top of upcoming earnings announcements with the Zacks Earnings Calendar. 4 Oil Stocks with Massive Upsides Global demand for oil is through the roof... and oil producers are struggling to keep up. So even though oil prices are well off their recent highs, you can expect big profits from the companies that supply the world with \""black gold.\"" Zacks Investment Research has just released an urgent special report to help you bank on this trend. In Oil Market on Fire, you'll discover 4 unexpected oil and gas stocks positioned for big gains in the coming weeks and months. You don't want to miss these recommendations. Download your free report now to see them. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Copart, Inc. (CPRT) : Free Stock Analysis Report OPENLANE Inc. (KAR) : Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.""]"
CPRT,2023-05-17,40.71,41.04,40.3524,41.0,"[""Copart, Inc. (CPRT) Surpasses Q3 Earnings and Revenue Estimates Copart, Inc. (CPRT) came out with quarterly earnings of $0.72 per share, beating the Zacks Consensus Estimate of $0.62 per share. This compares to earnings of $0.59 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of 16.13%. A quarter ago, it was expected that this company would post earnings of $0.56 per share when it actually produced earnings of $0.61, delivering a surprise of 8.93%. Over the last four quarters, the company has surpassed consensus EPS estimates three times. Copart, Inc., which belongs to the Zacks Auction and Valuation Services industry, posted revenues of $1.02 billion for the quarter ended April 2023, surpassing the Zacks Consensus Estimate by 0.86%. This compares to year-ago revenues of $939.94 million. The company has topped consensus revenue estimates four times over the last four quarters. The sustainability of the stock's immediate price movement based on the recently-released numbers and future earnings expectations will mostly depend on management's commentary on the earnings call. Copart, Inc. Shares have added about 33.4% since the beginning of the year versus the S&P 500's gain of 7%. What's Next for Copart, Inc. While Copart, Inc. Has outperformed the market so far this year, the question that comes to investors' minds is: what's next for the stock? There are no easy answers to this key question, but one reliable measure that can help investors address this is the company's earnings outlook. Not only does this include current consensus earnings expectations for the coming quarter(s), but also how these expectations have changed lately. Empirical research shows a strong correlation between near-term stock movements and trends in earnings estimate revisions. Investors can track such revisions by themselves or rely on a tried-and-tested rating tool like the Zacks Rank, which has an impressive track record of harnessing the power of earnings estimate revisions. Ahead of this earnings release, the estimate revisions trend for Copart, Inc. Mixed. While the magnitude and direction of estimate revisions could change following the company's just-released earnings report, the current status translates into a Zacks Rank #3 (Hold) for the stock. So, the shares are expected to perform in line with the market in the near future. You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here. It will be interesting to see how estimates for the coming quarters and current fiscal year change in the days ahead. The current consensus EPS estimate is $0.58 on $935.64 million in revenues for the coming quarter and $2.34 on $3.8 billion in revenues for the current fiscal year. Investors should be mindful of the fact that the outlook for the industry can have a material impact on the performance of the stock as well. In terms of the Zacks Industry Rank, Auction and Valuation Services is currently in the top 50% of the 250 plus Zacks industries. Our research shows that the top 50% of the Zacks-ranked industries outperform the bottom 50% by a factor of more than 2 to 1. Another stock from the broader Zacks Business Services sector, Core & Main (CNM), has yet to report results for the quarter ended April 2023. This distributor of water and fire protection products is expected to post quarterly earnings of $0.46 per share in its upcoming report, which represents a year-over-year change of -37.8%. The consensus EPS estimate for the quarter has remained unchanged over the last 30 days. Core & Main's revenues are expected to be $1.59 billion, down 0.6% from the year-ago quarter. Zacks Names \""Single Best Pick to Double\"" From thousands of stocks, 5 Zacks experts each have chosen their favorite to skyrocket +100% or more in months to come. From those 5, Director of Research Sheraz Mian hand-picks one to have the most explosive upside of all. It\u2019s a little-known chemical company that\u2019s up 65% over last year, yet still dirt cheap. With unrelenting demand, soaring 2022 earnings estimates, and $1.5 billion for repurchasing shares, retail investors could jump in at any time. This company could rival or surpass other recent Zacks\u2019 Stocks Set to Double like Boston Beer Company which shot up +143.0% in little more than 9 months and NVIDIA which boomed +175.9% in one year. Free: See Our Top Stock and 4 Runners Up >> Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Copart, Inc. (CPRT) : Free Stock Analysis Report Core & Main, Inc. (CNM) : Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Unusual Call Option Trade in Copart (CPRT) Worth $894.20K On May 17, 2023 at 12:41:36 ET an unusually large $894.20K block of Call contracts in Copart (CPRT) was bought, with a strike price of $75.00 / share, expiring in 184 day(s) (on November 17, 2023). Fintel tracks all large options trades, and the premium spent on this trade was 1.96 sigmas above the mean, placing it in the 100.00th percentile of all recent large trades made in CPRT options. This trade was first picked up on Fintel's real time Options Flow tool, where unusual option trades are highlighted. What is the Fund Sentiment? There are 1675 funds or institutions reporting positions in Copart. This is an increase of 45 owner(s) or 2.76% in the last quarter. Average portfolio weight of all funds dedicated to CPRT is 0.45%, an increase of 14.01%. Total shares owned by institutions increased in the last three months by 7.32% to 468,682K shares. The put/call ratio of CPRT is 0.61, indicating a bullish outlook. For more in-depth coverage of Copart, view the free, crowd-sourced company research report on Finpedia. Analyst Price Forecast Suggests 2.11% Upside As of May 11, 2023, the average one-year price target for Copart is 82.91. The forecasts range from a low of 78.78 to a high of $95.55. The average price target represents an increase of 2.11% from its latest reported closing price of 81.20. See our leaderboard of companies with the largest price target upside. The projected annual revenue for Copart is 3,827MM, an increase of 4.18%. The projected annual non-GAAP EPS is 2.35. What are Other Shareholders Doing? Principal Financial Group holds 21,671K shares representing 4.55% ownership of the company. In it's prior filing, the firm reported owning 21,910K shares, representing a decrease of 1.10%. The firm decreased its portfolio allocation in CPRT by 34.20% over the last quarter. Alliancebernstein holds 18,055K shares representing 3.79% ownership of the company. In it's prior filing, the firm reported owning 17,520K shares, representing an increase of 2.96%. The firm increased its portfolio allocation in CPRT by 2.56% over the last quarter. PMSBX - MidCap Fund (f holds 13,030K shares representing 2.73% ownership of the company. In it's prior filing, the firm reported owning 6,666K shares, representing an increase of 48.85%. The firm increased its portfolio allocation in CPRT by 8.00% over the last quarter. VTSMX - Vanguard Total Stock Market Index Fund Investor Shares holds 13,020K shares representing 2.73% ownership of the company. In it's prior filing, the firm reported owning 6,374K shares, representing an increase of 51.04%. The firm increased its portfolio allocation in CPRT by 7.95% over the last quarter. VIMSX - Vanguard Mid-Cap Index Fund Investor Shares holds 9,981K shares representing 2.09% ownership of the company. In it's prior filing, the firm reported owning 4,938K shares, representing an increase of 50.52%. The firm increased its portfolio allocation in CPRT by 6.24% over the last quarter. Copart Background Information (This description is provided by the company.) Copart, Inc., founded in 1982, is a global leader in online vehicle auctions. Copart's innovative technology and online auction platform links sellers to more than 750,000 Members in over 170 countries. The company offers services to process and sell salvage and clean title vehicles to dealers, dismantlers, rebuilders, exporters and, in some cases, to end users. Copart sells vehicles on behalf of insurance companies, banks, finance companies, charities, fleet operators, dealers, and individual owners. With operations at over 200 locations in 11 countries, Copart has more than 170,000 vehicles available online every day. Copart currently operates in the United States (Copart.com), Canada (Copart.ca), the United Kingdom (Copart.co.uk), the Republic of Ireland (Copart.ie), Brazil (Copart.com.br), Germany (Copart.de), Finland (Copart.fi), the United Arab Emirates, Oman and Bahrain (Copartmea.com), and Spain (Copart.es). Key filings for this company: UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-K This story originally appeared on Fintel. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Copart Q3 23 Earnings Conference Call At 5:00 PM ET (RTTNews) - Copart, Inc. (CPRT) will host a conference call at 5:00 PM ET on May 17, 2023, to discuss Q3 23 earnings results. Copart is scheduled to report results on Wednesday, May 17, after market close. To access the live webcast, log on to http://www.copart.com/investorrelations The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Copart, Inc. Q3 Profit Increases, beats estimates (RTTNews) - Copart, Inc. (CPRT) released a profit for its third quarter that increased from the same period last year and beat the Street estimates. The company's bottom line came in at $350.43 million, or $0.72 per share. This compares with $278.62 million, or $0.58 per share, in last year's third quarter. Excluding items, Copart, Inc. reported adjusted earnings of $346.06 million or $0.72 per share for the period. Analysts on average had expected the company to earn $0.64 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items. The company's revenue for the quarter rose 8.5% to $1.02 billion from $0.94 billion last year. Copart, Inc. earnings at a glance (GAAP) : -Earnings (Q3): $350.43 Mln. vs. $278.62 Mln. last year. -EPS (Q3): $0.72 vs. $0.58 last year. -Analyst Estimate: $0.64 -Revenue (Q3): $1.02 Bln vs. $0.94 Bln last year. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.""]"
CPRT,2023-05-18,41.245,44.235,41.0,44.185,"Copart's (CPRT) Q3 Earnings and Revenues Beat Estimates Copart, Inc. CPRT reported third-quarter fiscal 2023 (ended Apr 30, 2023) adjusted earnings per share of 72 cents, beating the Zacks Consensus Estimate of 62 cents. The outperformance was due to higher-than-anticipated service revenues. The bottom line also increased 24.1% year over year. The online auto auction leader generated revenues of $1,021.8 million, beating the Zacks Consensus Estimate of $1,013.1 million. The top line also increased 8.7% from the year-ago reported figure. Copart, Inc. Price, Consensus and EPS Surprise Copart, Inc. price-consensus-eps-surprise-chart | Copart, Inc. Quote Key Stats Fiscal third-quarter service revenues came in at $847.2 million, up from $766.3 million recorded in the year-earlier period, outpacing the Zacks Consensus Estimate of $814 million. Service revenues accounted for 82.9% of the total revenues. Vehicle sales totaled $174.6 million in the quarter, up from the prior year’s level of $173.6 million. The figure, however, lagged the Zacks Consensus Estimate of $185 million. Gross profit was up 10.8% year over year to $483.4 million. Total operating expenses flared up 6.3% to $602.9 million. General and administrative expenses rose 4.4% from the prior-year quarter to $52.3 million. Operating income rose to $418.9 million from $372.8 million recorded in the year-ago quarter. Net income also shot up 25.8% year over year to $350.4 million. Copart had cash, cash equivalents and restricted cash of $2,114.2 million as of Apr 30, 2023 compared with $1,384.2 million as of Jul 31, 2022. Long-term debt rose to $22.3 million at the end of the reported quarter from roughly $2 million as of Jul 31, 2022. Zacks Rank & Key Picks CPRT currently carries a Zacks Rank #3 (Hold). You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here. Some better-ranked players in the auto space are Geely Automobile Holdings Limited GELYY, BYD Company Limited BYDDY and Wabash National WNC, all of which sport a Zacks Rank #1. Geely is engaged in automobile manufacturing and related areas. The Zacks Consensus Estimates for GELYY’s 2023 sales and earnings imply year-over-year growth of around 57.5% and 22.82%, respectively. BYD is engaged in the research, development, manufacture and distribution of automobiles, secondary rechargeable batteries and mobile phone components. The Zacks Consensus Estimate for BYDDY’s 2023 sales calls for year-over-year growth of around 209.6%. Wabash is one of the leading manufacturers of semi-trailers in North America. The Zacks Consensus Estimate for WNC’s 2023 sales and earnings indicates year-over-year growth of 12% and 19.7%, respectively. Zacks Reveals ChatGPT ""Sleeper"" Stock One little-known company is at the heart of an especially brilliant Artificial Intelligence sector. By 2030, the AI industry is predicted to have an internet and iPhone-scale economic impact of $15.7 Trillion. As a service to readers, Zacks is providing a bonus report that names and explains this explosive growth stock and 4 other ""must buys."" Plus more. Download Free ChatGPT Stock Report Right Now >> Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Copart, Inc. (CPRT) : Free Stock Analysis Report Wabash National Corporation (WNC) : Free Stock Analysis Report Geely Automobile Holdings Ltd. (GELYY) : Free Stock Analysis Report Byd Co., Ltd. (BYDDY) : Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
CPRT,2023-05-19,44.21,44.655,44.035,44.12,"[""Company News for May 19, 2023 Take-Two Interactive Software Inc.\u2019s (TTWO) shares soared 11.6% after posting fourth quarter fiscal 2023 adjusted earnings per share of $0.85, surpassing the Zacks Consensus Estimate of $0.68. Copart Inc.\u2019s (CPRT) shares climbed 7.8% after the company reported third quarter 2023 adjusted earnings per share of $0.72, outpacing the Zacks Consensus Estimate of $0.62. Shares of ZTO Express (Cayman) Inc. (ZTO) gained 2% after reporting first quarter 2023 adjusted earnings per share of $0.34, exceeding the Zacks Consensus Estimate of $0.24. Shares of Eagle Materials Inc. (EXP) surged 3.4% after the company posted fourth quarter fiscal 2023 adjusted earnings per share of $2.79, beating the Zacks Consensus Estimate of $2.35. Zacks Names \""Single Best Pick to Double\"" From thousands of stocks, 5 Zacks experts each have chosen their favorite to skyrocket +100% or more in months to come. From those 5, Director of Research Sheraz Mian hand-picks one to have the most explosive upside of all. It\u2019s a little-known chemical company that\u2019s up 65% over last year, yet still dirt cheap. With unrelenting demand, soaring 2022 earnings estimates, and $1.5 billion for repurchasing shares, retail investors could jump in at any time. This company could rival or surpass other recent Zacks\u2019 Stocks Set to Double like Boston Beer Company which shot up +143.0% in little more than 9 months and NVIDIA which boomed +175.9% in one year. Free: See Our Top Stock and 4 Runners Up >> Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Take-Two Interactive Software, Inc. (TTWO) : Free Stock Analysis Report Copart, Inc. (CPRT) : Free Stock Analysis Report Eagle Materials Inc (EXP) : Free Stock Analysis Report ZTO Express (Cayman) Inc. (ZTO) : Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Baird Maintains Copart (CPRT) Outperform Recommendation Fintel reports that on May 18, 2023, Baird maintained coverage of Copart (NASDAQ:CPRT) with a Outperform recommendation. Analyst Price Forecast Suggests 6.18% Downside As of May 11, 2023, the average one-year price target for Copart is 82.91. The forecasts range from a low of 78.78 to a high of $95.55. The average price target represents a decrease of 6.18% from its latest reported closing price of 88.37. See our leaderboard of companies with the largest price target upside. The projected annual revenue for Copart is 3,827MM, an increase of 4.18%. The projected annual non-GAAP EPS is 2.35. For more in-depth coverage of Copart, view the free, crowd-sourced company research report on Finpedia. What is the Fund Sentiment? There are 1678 funds or institutions reporting positions in Copart. This is an increase of 49 owner(s) or 3.01% in the last quarter. Average portfolio weight of all funds dedicated to CPRT is 0.45%, an increase of 29.48%. Total shares owned by institutions increased in the last three months by 6.16% to 463,978K shares. The put/call ratio of CPRT is 0.77, indicating a bullish outlook. What are Other Shareholders Doing? Principal Financial Group holds 21,671K shares representing 4.55% ownership of the company. In it's prior filing, the firm reported owning 21,910K shares, representing a decrease of 1.10%. The firm decreased its portfolio allocation in CPRT by 34.20% over the last quarter. Alliancebernstein holds 18,055K shares representing 3.79% ownership of the company. In it's prior filing, the firm reported owning 17,520K shares, representing an increase of 2.96%. The firm increased its portfolio allocation in CPRT by 2.56% over the last quarter. PMSBX - MidCap Fund (f holds 13,030K shares representing 2.73% ownership of the company. In it's prior filing, the firm reported owning 6,666K shares, representing an increase of 48.85%. The firm increased its portfolio allocation in CPRT by 8.00% over the last quarter. VTSMX - Vanguard Total Stock Market Index Fund Investor Shares holds 13,020K shares representing 2.73% ownership of the company. In it's prior filing, the firm reported owning 6,374K shares, representing an increase of 51.04%. The firm increased its portfolio allocation in CPRT by 7.95% over the last quarter. VIMSX - Vanguard Mid-Cap Index Fund Investor Shares holds 9,981K shares representing 2.09% ownership of the company. In it's prior filing, the firm reported owning 4,938K shares, representing an increase of 50.52%. The firm increased its portfolio allocation in CPRT by 6.24% over the last quarter. Copart Background Information (This description is provided by the company.) Copart, Inc., founded in 1982, is a global leader in online vehicle auctions. Copart's innovative technology and online auction platform links sellers to more than 750,000 Members in over 170 countries. The company offers services to process and sell salvage and clean title vehicles to dealers, dismantlers, rebuilders, exporters and, in some cases, to end users. Copart sells vehicles on behalf of insurance companies, banks, finance companies, charities, fleet operators, dealers, and individual owners. With operations at over 200 locations in 11 countries, Copart has more than 170,000 vehicles available online every day. Copart currently operates in the United States (Copart.com), Canada (Copart.ca), the United Kingdom (Copart.co.uk), the Republic of Ireland (Copart.ie), Brazil (Copart.com.br), Germany (Copart.de), Finland (Copart.fi), the United Arab Emirates, Oman and Bahrain (Copartmea.com), and Spain (Copart.es). Key filings for this company: UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-K This story originally appeared on Fintel. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Stephens & Co. Reiterates Copart (CPRT) Overweight Recommendation Fintel reports that on May 18, 2023, Stephens & Co. reiterated coverage of Copart (NASDAQ:CPRT) with a Overweight recommendation. Analyst Price Forecast Suggests 6.18% Downside As of May 11, 2023, the average one-year price target for Copart is 82.91. The forecasts range from a low of 78.78 to a high of $95.55. The average price target represents a decrease of 6.18% from its latest reported closing price of 88.37. See our leaderboard of companies with the largest price target upside. The projected annual revenue for Copart is 3,827MM, an increase of 4.18%. The projected annual non-GAAP EPS is 2.35. For more in-depth coverage of Copart, view the free, crowd-sourced company research report on Finpedia. What is the Fund Sentiment? There are 1678 funds or institutions reporting positions in Copart. This is an increase of 49 owner(s) or 3.01% in the last quarter. Average portfolio weight of all funds dedicated to CPRT is 0.45%, an increase of 29.48%. Total shares owned by institutions increased in the last three months by 6.16% to 463,978K shares. The put/call ratio of CPRT is 0.77, indicating a bullish outlook. What are Other Shareholders Doing? Principal Financial Group holds 21,671K shares representing 4.55% ownership of the company. In it's prior filing, the firm reported owning 21,910K shares, representing a decrease of 1.10%. The firm decreased its portfolio allocation in CPRT by 34.20% over the last quarter. Alliancebernstein holds 18,055K shares representing 3.79% ownership of the company. In it's prior filing, the firm reported owning 17,520K shares, representing an increase of 2.96%. The firm increased its portfolio allocation in CPRT by 2.56% over the last quarter. PMSBX - MidCap Fund (f holds 13,030K shares representing 2.73% ownership of the company. In it's prior filing, the firm reported owning 6,666K shares, representing an increase of 48.85%. The firm increased its portfolio allocation in CPRT by 8.00% over the last quarter. VTSMX - Vanguard Total Stock Market Index Fund Investor Shares holds 13,020K shares representing 2.73% ownership of the company. In it's prior filing, the firm reported owning 6,374K shares, representing an increase of 51.04%. The firm increased its portfolio allocation in CPRT by 7.95% over the last quarter. VIMSX - Vanguard Mid-Cap Index Fund Investor Shares holds 9,981K shares representing 2.09% ownership of the company. In it's prior filing, the firm reported owning 4,938K shares, representing an increase of 50.52%. The firm increased its portfolio allocation in CPRT by 6.24% over the last quarter. Copart Background Information (This description is provided by the company.) Copart, Inc., founded in 1982, is a global leader in online vehicle auctions. Copart's innovative technology and online auction platform links sellers to more than 750,000 Members in over 170 countries. The company offers services to process and sell salvage and clean title vehicles to dealers, dismantlers, rebuilders, exporters and, in some cases, to end users. Copart sells vehicles on behalf of insurance companies, banks, finance companies, charities, fleet operators, dealers, and individual owners. With operations at over 200 locations in 11 countries, Copart has more than 170,000 vehicles available online every day. Copart currently operates in the United States (Copart.com), Canada (Copart.ca), the United Kingdom (Copart.co.uk), the Republic of Ireland (Copart.ie), Brazil (Copart.com.br), Germany (Copart.de), Finland (Copart.fi), the United Arab Emirates, Oman and Bahrain (Copartmea.com), and Spain (Copart.es). Key filings for this company: UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-K This story originally appeared on Fintel. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.""]"
CPRT,2023-05-22,44.3,44.895,44.165,44.58,
CPRT,2023-05-23,44.465,44.465,43.22,43.265,
CPRT,2023-05-24,43.28,43.605,43.17,43.23,"Are You Looking for a Top Momentum Pick? Why Copart, Inc. (CPRT) is a Great Choice Momentum investing revolves around the idea of following a stock's recent trend in either direction. In the 'long' context, investors will be essentially be ""buying high, but hoping to sell even higher."" With this methodology, taking advantage of trends in a stock's price is key; once a stock establishes a course, it is more than likely to continue moving that way. The goal is that once a stock heads down a fixed path, it will lead to timely and profitable trades. While many investors like to look for momentum in stocks, this can be very tough to define. There is a lot of debate surrounding which metrics are the best to focus on and which are poor quality indicators of future performance. The Zacks Momentum Style Score, part of the Zacks Style Scores, helps address this issue for us. Below, we take a look at Copart, Inc. (CPRT), which currently has a Momentum Style Score of B. We also discuss some of the main drivers of the Momentum Style Score, like price change and earnings estimate revisions. It's also important to note that Style Scores work as a complement to the Zacks Rank, our stock rating system that has an impressive track record of outperformance. Copart, Inc. Currently has a Zacks Rank of #2 (Buy). Our research shows that stocks rated Zacks Rank #1 (Strong Buy) and #2 (Buy) and Style Scores of A or B outperform the market over the following one-month period. You can see the current list of Zacks #1 Rank Stocks here >>> Set to Beat the Market? Let's discuss some of the components of the Momentum Style Score for CPRT that show why this company shows promise as a solid momentum pick. Looking at a stock's short-term price activity is a great way to gauge if it has momentum, since this can reflect both the current interest in a stock and if buyers or sellers have the upper hand at the moment. It is also useful to compare a security to its industry, as this can help investors pinpoint the top companies in a particular area. For CPRT, shares are up 7.86% over the past week while the Zacks Auction and Valuation Services industry is up 5.42% over the same time period. Shares are looking quite well from a longer time frame too, as the monthly price change of 11.61% compares favorably with the industry's 17.58% performance as well. While any stock can see a spike in price, it takes a real winner to consistently outperform the market. Shares of Copart, Inc. Have increased 22.81% over the past quarter, and have gained 60.02% in the last year. In comparison, the S&P 500 has only moved 3.76% and 6%, respectively. Investors should also take note of CPRT's average 20-day trading volume. Volume is a useful item in many ways, and the 20-day average establishes a good price-to-volume baseline; a rising stock with above average volume is generally a bullish sign, whereas a declining stock on above average volume is typically bearish. Right now, CPRT is averaging 2,099,479 shares for the last 20 days. Earnings Outlook The Zacks Momentum Style Score also takes into account trends in estimate revisions, in addition to price changes. Please note that estimate revision trends remain at the core of Zacks Rank as well. A nice path here can help show promise, and we have recently been seeing that with CPRT. Over the past two months, 1 earnings estimate moved higher compared to none lower for the full year. These revisions helped boost CPRT's consensus estimate, increasing from $2.34 to $2.35 in the past 60 days. Looking at the next fiscal year, 1 estimate has moved upwards while there have been no downward revisions in the same time period. Bottom Line Given these factors, it shouldn't be surprising that CPRT is a #2 (Buy) stock and boasts a Momentum Score of B. If you're looking for a fresh pick that's set to soar in the near-term, make sure to keep Copart, Inc. On your short list. Free Report: Must-See Hydrogen Stocks Hydrogen fuel cells are already used to provide efficient, ultra-clean energy to buses, ships and even hospitals. This technology is on the verge of a massive breakthrough, one that could make hydrogen a major source of America's power. It could even totally revolutionize the EV industry. Zacks has released a special report revealing the 4 stocks experts believe will deliver the biggest gains. Download Cashing In on Cleaner Energy today, absolutely free. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Copart, Inc. (CPRT) : Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
CPRT,2023-05-25,43.15,44.07,42.99,43.875,"Is Copart (CPRT) Stock Outpacing Its Business Services Peers This Year? For those looking to find strong Business Services stocks, it is prudent to search for companies in the group that are outperforming their peers. Copart, Inc. (CPRT) is a stock that can certainly grab the attention of many investors, but do its recent returns compare favorably to the sector as a whole? By taking a look at the stock's year-to-date performance in comparison to its Business Services peers, we might be able to answer that question. Copart, Inc. is a member of our Business Services group, which includes 334 different companies and currently sits at #11 in the Zacks Sector Rank. The Zacks Sector Rank gauges the strength of our 16 individual sector groups by measuring the average Zacks Rank of the individual stocks within the groups. The Zacks Rank emphasizes earnings estimates and estimate revisions to find stocks with improving earnings outlooks. This system has a long record of success, and these stocks tend to be on track to beat the market over the next one to three months. Copart, Inc. is currently sporting a Zacks Rank of #2 (Buy). The Zacks Consensus Estimate for CPRT's full-year earnings has moved 2.4% higher within the past quarter. This shows that analyst sentiment has improved and the company's earnings outlook is stronger. Based on the most recent data, CPRT has returned 42% so far this year. Meanwhile, the Business Services sector has returned an average of 3.3% on a year-to-date basis. This means that Copart, Inc. is outperforming the sector as a whole this year. Amadeus IT Group SA Unsponsored ADR (AMADY) is another Business Services stock that has outperformed the sector so far this year. Since the beginning of the year, the stock has returned 39.2%. Over the past three months, Amadeus IT Group SA Unsponsored ADR's consensus EPS estimate for the current year has increased 2.8%. The stock currently has a Zacks Rank #1 (Strong Buy). Looking more specifically, Copart, Inc. belongs to the Auction and Valuation Services industry, which includes 2 individual stocks and currently sits at #223 in the Zacks Industry Rank. On average, this group has gained an average of 30.8% so far this year, meaning that CPRT is performing better in terms of year-to-date returns. In contrast, Amadeus IT Group SA Unsponsored ADR falls under the Technology Services industry. Currently, this industry has 194 stocks and is ranked #120. Since the beginning of the year, the industry has moved +6.7%. Investors interested in the Business Services sector may want to keep a close eye on Copart, Inc. and Amadeus IT Group SA Unsponsored ADR as they attempt to continue their solid performance. 7 Best Stocks for the Next 30 Days Just released: Experts distill 7 elite stocks from the current list of 220 Zacks Rank #1 Strong Buys. They deem these tickers ""Most Likely for Early Price Pops."" Since 1988, the full list has beaten the market more than 2X over with an average gain of +24.3% per year. So be sure to give these hand-picked 7 your immediate attention. See them now >> Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Copart, Inc. (CPRT) : Free Stock Analysis Report Amadeus IT Group SA Unsponsored ADR (AMADY) : Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
CPRT,2023-05-26,43.985,44.24,43.765,43.94,
CPRT,2023-05-30,44.345,44.465,43.975,44.3,"Why This 1 Growth Stock Could Be a Great Addition to Your Portfolio Taking full advantage of the stock market and investing with confidence are common goals for new and old investors, and Zacks Premium offers many different ways to do both. The popular research service can help you become a smarter, more self-assured investor, giving you access to daily updates of the Zacks Rank and Zacks Industry Rank, the Zacks #1 Rank List, Equity Research reports, and Premium stock screens. Zacks Premium includes access to the Zacks Style Scores as well. What are the Zacks Style Scores? The Zacks Style Scores, developed alongside the Zacks Rank, are complementary indicators that rate stocks based on three widely-followed investing methodologies; they also help investors pick stocks with the best chances of beating the market over the next 30 days. Based on their value, growth, and momentum characteristics, each stock is assigned a rating of A, B, C, D, or F. The better the score, the better chance the stock will outperform; an A is better than a B, a B is better than a C, and so on. The Style Scores are broken down into four categories: Value Score For value investors, it's all about finding good stocks at good prices, and discovering which companies are trading under their true value before the broader market catches on. The Value Style Score utilizes ratios like P/E, PEG, Price/Sales, Price/Cash Flow, and a host of other multiples to help pick out the most attractive and discounted stocks. Growth Score While good value is important, growth investors are more focused on a company's financial strength and health, and its future outlook. The Growth Style Score takes projected and historic earnings, sales, and cash flow into account to uncover stocks that will see long-term, sustainable growth. Momentum Score Momentum investors, who live by the saying ""the trend is your friend,"" are most interested in taking advantage of upward or downward trends in a stock's price or earnings outlook. Utilizing one-week price change and the monthly percentage change in earnings estimates, among other factors, the Momentum Style Score can help determine favorable times to buy high-momentum stocks. VGM Score If you like to use all three kinds of investing, then the VGM Score is for you. It's a combination of all Style Scores, and is an important indicator to use with the Zacks Rank. The VGM Score rates each stock on their shared weighted styles, narrowing down the companies with the most attractive value, best growth forecast, and most promising momentum. How Style Scores Work with the Zacks Rank A proprietary stock-rating model, the Zacks Rank utilizes the power of earnings estimate revisions, or changes to a company's earnings outlook, to help investors create a successful portfolio. Investors can count on the Zacks Rank's success, with #1 (Strong Buy) stocks producing an unmatched +25.41% average annual return since 1988, more than double the S&P 500's performance. But the model rates a large number of stocks, and there are over 200 companies with a Strong Buy rank, plus another 600 with a #2 (Buy) rank, on any given day. With more than 800 top-rated stocks to choose from, it can certainly feel overwhelming to pick the ones that are right for you and your investing journey. That's where the Style Scores come in. To maximize your returns, you want to buy stocks with the highest probability of success. This means picking stocks with a Zacks Rank #1 or #2 that also have Style Scores of A or B. If you find yourself looking at stocks with a #3 (Hold) rank, make sure they have Scores of A or B as well to ensure as much upside potential as possible. Since the Scores were created to work together with the Zacks Rank, the direction of a stock's earnings estimate revisions should be a key factor when choosing which stocks to buy. A stock with a #4 (Sell) or #5 (Strong Sell) rating, for instance, even one with Scores of A and B, will still have a declining earnings forecast, and a greater chance its share price will fall too. Thus, the more stocks you own with a #1 or #2 Rank and Scores of A or B, the better. Stock to Watch: Copart, Inc. (CPRT) Based in Dallas, TX, Copart, Inc. was founded in 1982. The company provides online auction and a wide range of remarketing services to process and sell salvage and clean title vehicles. This is done mainly over the Internet, through its Virtual Bidding Third Generation (VB3) Internet auction-style sales technology. Sellers are primarily insurance companies, banks and financial institutions, charities, car dealerships, fleet operators, and vehicle rental companies. Buyers include licensed vehicle dismantlers, rebuilders, repair licensees, used vehicle dealers and exporters, along with the general public. CPRT is a #2 (Buy) on the Zacks Rank, with a VGM Score of B. Additionally, the company could be a top pick for growth investors. CPRT has a Growth Style Score of B, forecasting year-over-year earnings growth of 5.4% for the current fiscal year. One analysts revised their earnings estimate upwards in the last 60 days for fiscal 2023. The Zacks Consensus Estimate has increased $0.01 to $2.35 per share. CPRT boasts an average earnings surprise of 5.6%. With a solid Zacks Rank and top-tier Growth and VGM Style Scores, CPRT should be on investors' short list. This Little-Known Semiconductor Stock Could Be Your Portfolio’s Hedge Against Inflation Everyone uses semiconductors. But only a small number of people know what they are and what they do. If you use a smartphone, computer, microwave, digital camera or refrigerator (and that’s just the tip of the iceberg), you have a need for semiconductors. That’s why their importance can’t be overstated and their disruption in the supply chain has such a global effect. But every cloud has a silver lining. Shockwaves to the international supply chain from the global pandemic have unearthed a tremendous opportunity for investors. And today, Zacks' leading stock strategist is revealing the one semiconductor stock that stands to gain the most in a new FREE report. It's yours at no cost and with no obligation. >>Yes, I Want to Help Protect My Portfolio During the Recession Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Copart, Inc. (CPRT) : Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
CPRT,2023-05-31,44.28,44.41,43.525,43.795,"Here's How Much a $1000 Investment in Copart, Inc. Made 10 Years Ago Would Be Worth Today For most investors, how much a stock's price changes over time is important. This factor can impact your investment portfolio as well as help you compare investment results across sectors and industries. Another factor that can influence investors is FOMO, or the fear of missing out, especially with tech giants and popular consumer-facing stocks. What if you'd invested in Copart, Inc. (CPRT) ten years ago? It may not have been easy to hold on to CPRT for all that time, but if you did, how much would your investment be worth today? Copart, Inc.'s Business In-Depth With that in mind, let's take a look at Copart, Inc.'s main business drivers. Based in Dallas, TX, Copart, Inc. was founded in 1982. The company provides online auction and a wide range of remarketing services to process and sell salvage and clean title vehicles. This is done mainly over the Internet, through its Virtual Bidding Third Generation (VB3) Internet auction-style sales technology. Sellers are primarily insurance companies, banks and financial institutions, charities, car dealerships, fleet operators, and vehicle rental companies. Buyers include licensed vehicle dismantlers, rebuilders, repair licensees, used vehicle dealers and exporters, along with the general public. Copart’s services include online supplier access, salvage estimation services, end-of-life vehicle processing, virtual insured exchange, transportation services, vehicle inspection stations, on-demand reporting, DMV processing and flexible vehicle processing programs, among others. The company primarily has two revenue streams: service revenue and purchased vehicles. Copart derives service revenues from vehicle sales when it acts as an intermediary. In such cases, the firm doesn't take ownership of the vehicle. It makes money through fees when it is auctioned through its website. Purchased vehicles revenues come from sales when Copart has acquired the ownership of the vehicle and sells it at a higher price, pocketing the difference. In the United States, Canada, Brazil, the Republic of Ireland, Finland, the U.A.E., Oman, Bahrain, and Spain, Copart sells vehicles primarily as an agent and earns revenue from auction related sales transaction fees paid by vehicle suppliers and vehicle buyers, as well as the associated fees for services following the auction, such as towing and storage. In the United Kingdom, Spain and Germany, it operates both as an agent as well as on a principal basis. It also serves as an agent in the United Kingdom. In Germany and Spain, Copart also generates revenue from sales listing fees for listing vehicles on behalf of insurance companies. With operations at over 200 locations in 11 countries, Copart has more than 250,000 vehicles available online every day. The company currently operates in the United States, Canada, the United Kingdom, Brazil, the Republic of Ireland, Germany, Finland, the United Arab Emirates, Oman and Bahrain, and Spain. Bottom Line Anyone can invest, but building a successful investment portfolio takes a combination of a few things: research, patience, and a little bit of risk. So, if you had invested in Copart, Inc. a decade ago, you're probably feeling pretty good about your investment today. According to our calculations, a $1000 investment made in May 2013 would be worth $9,651.42, or an 865.14% gain, as of May 31, 2023. Investors should keep in mind that this return excludes dividends but includes price appreciation. In comparison, the S&P 500 gained 154.20% and the price of gold went up 35.93% over the same time frame. Analysts are anticipating more upside for CPRT. Copart enjoys a leadership position in the automotive auction market, commanding roughly 40% of the market share. The company’s competitiveness is supported by its multiple locations and size of its new facilities openings. Expansion initiatives along with digital ramp up will aid Copart in a fast pickup across the country, fueling growth in a competitive marketplace. However, elevated investments to support growth initiatives are likely to limit Copart’s margins. The company is struggling with increased labor and transportation costs. Operating costs are also on the rise since several quarters amid increasing G&A expenditure and the trend is set to continue. Copart’s presence in various international markets makes it vulnerable to foreign currency fluctuations. Thus, investors are advised to wait for a better entry point. The stock is up 12.55% over the past four weeks, and no earnings estimate has gone lower in the past two months, compared to 1 higher, for fiscal 2023. The consensus estimate has moved up as well. Just Released: Free Report Reveals Little-Known Strategies to Help Profit from the $30 Trillion Metaverse Boom It's undeniable. The metaverse is gaining steam every day. Just follow the money. Google. Microsoft. Adobe. Nike. Facebook even rebranded itself as Meta because Mark Zuckerberg believes the metaverse is the next iteration of the internet. The inevitable result? Many investors will get rich as the metaverse evolves. What do they know that you don't? They’re aware of the companies best poised to grow as the metaverse does. And in a new FREE report, Zacks is revealing those stocks to you. This week, you can download, The Metaverse - What is it? And How to Profit with These 5 Pioneering Stocks. It reveals specific stocks set to skyrocket as this emerging technology develops and expands. Don't miss your chance to access it for free with no obligation. >>Show me how I could profit from the metaverse! Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Copart, Inc. (CPRT) : Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
CPRT,2023-06-01,43.96,44.0625,43.4,43.895,
CPRT,2023-06-02,43.825,44.3,43.825,44.015,"Why This 1 Momentum Stock Could Be a Great Addition to Your Portfolio For new and old investors, taking full advantage of the stock market and investing with confidence are common goals. Zacks Premium provides lots of different ways to do both. Featuring daily updates of the Zacks Rank and Zacks Industry Rank, full access to the Zacks #1 Rank List, Equity Research reports, and Premium stock screens, the research service can help you become a smarter, more self-assured investor. It also includes access to the Zacks Style Scores. What are the Zacks Style Scores? Developed alongside the Zacks Rank, the Zacks Style Scores are a group of complementary indicators that help investors pick stocks with the best chances of beating the market over the next 30 days. Based on their value, growth, and momentum characteristics, each stock is assigned a rating of A, B, C, D, or F. The better the score, the better chance the stock will outperform; an A is better than a B, a B is better than a C, and so on. The Style Scores are broken down into four categories: Value Score Finding good stocks at good prices, and discovering which companies are trading under their true value, are what value investors like to focus on. So, the Value Style Score takes into account ratios like P/E, PEG, Price/Sales, Price/Cash Flow, and a host of other multiples to highlight the most attractive and discounted stocks. Growth Score While good value is important, growth investors are more focused on a company's financial strength and health, and its future outlook. The Growth Style Score takes projected and historic earnings, sales, and cash flow into account to uncover stocks that will see long-term, sustainable growth. Momentum Score Momentum investors, who live by the saying ""the trend is your friend,"" are most interested in taking advantage of upward or downward trends in a stock's price or earnings outlook. Utilizing one-week price change and the monthly percentage change in earnings estimates, among other factors, the Momentum Style Score can help determine favorable times to buy high-momentum stocks. VGM Score If you want a combination of all three Style Scores, then the VGM Score will be your friend. It rates each stock on their combined weighted styles, helping you find the companies with the most attractive value, best growth forecast, and most promising momentum. It's also one of the best indicators to use with the Zacks Rank. How Style Scores Work with the Zacks Rank The Zacks Rank, which is a proprietary stock-rating model, employs earnings estimate revisions, or changes to a company's earnings expectations, to make building a winning portfolio easier. #1 (Strong Buy) stocks have produced an unmatched +25.41% average annual return since 1988, which is more than double the S&P 500's performance over the same time frame. However, the Zacks Rank examines a ton of stocks, and there can be more than 200 companies with a Strong Buy rank, and another 600 with a #2 (Buy) rank, on any given day. With more than 800 top-rated stocks to choose from, it can certainly feel overwhelming to pick the ones that are right for you and your investing journey. That's where the Style Scores come in. To maximize your returns, you want to buy stocks with the highest probability of success. This means picking stocks with a Zacks Rank #1 or #2 that also have Style Scores of A or B. If you find yourself looking at stocks with a #3 (Hold) rank, make sure they have Scores of A or B as well to ensure as much upside potential as possible. The direction of a stock's earnings estimate revisions should always be a key factor when choosing which stocks to buy, since the Scores were created to work together with the Zacks Rank. A stock with a #4 (Sell) or #5 (Strong Sell) rating, for instance, even one with Scores of A and B, will still have a declining earnings forecast, and a greater chance its share price will fall too. Thus, the more stocks you own with a #1 or #2 Rank and Scores of A or B, the better. Stock to Watch: Copart, Inc. (CPRT) Based in Dallas, TX, Copart, Inc. was founded in 1982. The company provides online auction and a wide range of remarketing services to process and sell salvage and clean title vehicles. This is done mainly over the Internet, through its Virtual Bidding Third Generation (VB3) Internet auction-style sales technology. Sellers are primarily insurance companies, banks and financial institutions, charities, car dealerships, fleet operators, and vehicle rental companies. Buyers include licensed vehicle dismantlers, rebuilders, repair licensees, used vehicle dealers and exporters, along with the general public. CPRT is a #2 (Buy) on the Zacks Rank, with a VGM Score of B. Momentum investors should take note of this Business Services stock. CPRT has a Momentum Style Score of A, and shares are up 12.2% over the past four weeks. For fiscal 2023, two analysts revised their earnings estimate upwards in the last 60 days, and the Zacks Consensus Estimate has increased $0.04 to $2.38 per share. CPRT boasts an average earnings surprise of 5.6%. With a solid Zacks Rank and top-tier Momentum and VGM Style Scores, CPRT should be on investors' short list. Zacks Names ""Single Best Pick to Double"" From thousands of stocks, 5 Zacks experts each have chosen their favorite to skyrocket +100% or more in months to come. From those 5, Director of Research Sheraz Mian hand-picks one to have the most explosive upside of all. It’s a little-known chemical company that’s up 65% over last year, yet still dirt cheap. With unrelenting demand, soaring 2022 earnings estimates, and $1.5 billion for repurchasing shares, retail investors could jump in at any time. This company could rival or surpass other recent Zacks’ Stocks Set to Double like Boston Beer Company which shot up +143.0% in little more than 9 months and NVIDIA which boomed +175.9% in one year. Free: See Our Top Stock and 4 Runners Up >> Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Copart, Inc. (CPRT) : Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
CPRT,2023-06-05,44.235,44.385,43.795,44.26,
CPRT,2023-06-06,44.33,44.435,43.8425,44.045,
CPRT,2023-06-07,44.085,44.445,43.0225,43.11,
CPRT,2023-06-08,43.0,43.58,43.0,43.365,"[""Want to Invest in Republican or Democratic Stocks? Check Out These 2 ETFs If you feel like everything has become increasingly political in the United States in recent years, you probably aren\u2019t alone. Now, even investing is, in some ways, becoming political. Many consumers expect brands to have a stance on polarizing issues, and an increasing number of ETFs have been launched in recent years with the intent of allowing people to invest in companies that they believe are aligned with their political viewpoints (i.e., Republican or Democratic). Whether this is a good or bad idea, or good or bad for the country, is a topic I will leave for the reader to decide. For now, let\u2019s take a look at two such ETFs, each representing an opposing side of the aisle -- the Point Bridge GOP Stock Tracker ETF (BATS:MAGA) and the Democratic Large Cap Core ETF (NASDAQ:DEMZ). Two Sides of the Same Coin These ETFs ostensibly exist to enable investors to invest based on their political viewpoints, but what does that mean in practice? Point Bridge Capital says that it \u201callows you to invest in companies that align with your Republican political beliefs.\u201d It does this by investing in up to 150 S&P 500 (SPX) companies \u201cwhose employees and political action committees (PACs) are highly supportive of Republican candidates.\u201d The holdings are equally weighted so that smaller S&P 500 companies are not crowded out by the largest companies. What does this look like on the ground? MAGA owns 150 stocks, none of which have more than a 1% weighting, so this is actually a very diversified fund. Its top 10 holdings make up a minuscule 8.4% of assets. Below, you\u2019ll find an overview of MAGA\u2019s top 10 holdings using TipRanks\u2019 holdings tool. Holdings come from across a wide array of industries. For example, the nominal top holding is pharmaceutical giant Eli Lilly (NYSE:LLY), while homebuilder Pultegroup (NYSE:PHM), cruise line operator Carnival Corporation (NYSE:CCL), car auction company Copart (NASDAQ:CPRT), and alcoholic beverage maker Molson Coors Brewing (NYSE:TAP) round out the rest of the top five. In part, because it is equal-weighted, one interesting thing about MAGA is that it has a low weighting towards technology stocks compared to the S&P 500 and many broad-market ETFs. Meanwhile, DEMZ, which is an ETF from Reflection Asset Management, invests in S&P 500 companies that have made 75% of their contributions to Democratic causes and candidates. This results in an ETF with 47 holdings, where the top 10 holdings make up 42.2% of the fund. As you can see from the overview below, DEMZ skews more towards the tech sector than MAGA does, with a relatively large 5.4% stake in Apple (NASDAQ:AAPL) and top 10 positions in IBM (NYSE:IBM) and Nvidia (NASDAQ:NVDA). Also, those who have followed the ongoing battle between Florida\u2019s Republican governor Ron DeSantis and Disney (NYSE:DIS) will probably not be surprised to find that Disney is one of the ETF\u2019s top 10 holdings. Note that DEMZ is not an equal-weighted ETF like MAGA. How Have These ETFs Performed? Essentially, both ETFs use the same strategy to screen for companies that donate to political candidates or causes on opposite ends of the aisle. The process is similar, but the end result obviously ends with a different set of holdings. So, what type of results have these strategies provided for investors? As of the end of May, MAGA had a one-year total return of -8.9% (although, keep in mind that the S&P 500 was in a bear market last year, so this result isn\u2019t as bad as it may sound. Zooming out to a three-year time frame, MAGA has produced solid 16.6% annualized total returns for its holders. However, over a five-year time horizon, these results drop down to a 7.5% annual return. Meanwhile, DEMZ only launched in 2020, so it doesn\u2019t have an extensive track record, but it had a 10.5% total annualized return since inception as of the end of the most recent quarter. Mind the Fees These performances are solid enough (more on this later), but one thing that investors should be aware of is that both of these ETFs have fairly high expense ratios. DEMZ has a 0.45% expense ratio, while MAGA has an ever higher 0.72% expense ratio. Closing Thoughts These two ETFs are opposed in terms of their political ideologies, but they employ similar approaches toward stock selection. Both have put up fair results over the last few years, but this brings up a bigger point. While the ETFs take fairly complex, novel approaches, investors may be better off just investing in a broad-market S&P 500 or Nasdaq (NDX) ETF with lower fees. Remember that both of these ETFs are screening for S&P 500 stocks as a starting point, and MAGA contains nearly one-third of the S&P 500 in its portfolio. Let\u2019s say that you ignored the political noise and simply invested in the largest S&P 500 ETF, the Vanguard S&P 500 ETF (NYSEARCA:VOO), or the largest Nasdaq ETF, the Invesco QQQ Trust (NASDAQ:QQQ) instead of MAGA or DEMZ. These ETFs have much lower expense ratios of 0.03% and 0.2%, respectively. VOO\u2019s expense ratio is orders of magnitude cheaper than that of MAGA or DEMZ, while QQQ\u2019s isn\u2019t as low but is still considerably cheaper. In year one, an investor putting $10,000 into one of these ETFs would pay just $3 in fees with VOO or $20 in QQQ versus $45 with DEMZ or $72 with MAGA. Over time, these fees can compound and make a real difference to your overall portfolio as an investor. Beyond the fees, VOO has a solid performance track record. While it has lagged MAGA on a three-year basis with a 12.8% annualized return, it has outperformed it over a five-year timeframe with an 11% annualized return. Meanwhile, as of the end of the most recent quarter, QQQ had a three-year return of 19.8% and a five-year total annualized return of 15.7%, easily beating the competition. Note that DEMZ has not been around for long enough to compile a three-year or five-year track record. It's also important to note that both of these ETFs are minnows in the bigger investing picture -- MAGA has $18.7 million in assets under management, while DEMZ has $23.5 million. If, as an investor, it is truly important to you to invest in companies that donate to candidates from your side of the aisle, then these ETFs could theoretically warrant a place in your portfolio. They could also potentially be interesting as a vehicle for traders who want to use them as a way to bet on the outcomes of elections or certain legislation passing. But beyond that, it seems like most investors would likely be better off keeping it simple via a broad-market fund like QQQ or VOO instead of making their financial futures political. Disclosure The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Here\u2019s Why the QQQ ETF Could Be a Great Pick Investors looking to enjoy the rally in tech stocks may consider the Invesco QQQ Trust (NASDAQ:QQQ). So far in 2023, the QQQ ETF has advanced more than 32%, easily outperforming the 12% rise in the S&P 500 Index (SPX). Remarkably, the QQQ ETF stock has beaten the S&P 500 in nine out of the last ten years. Interestingly, analysts are optimistic about the future growth potential of this ETF, envisioning further opportunities for expansion. The QQQ ETF tracks the NASDAQ 100 Index (NDX) and provides an opportunity to hold companies in key markets such as cloud computing, artificial intelligence, streaming services, electric vehicles, and more. Additionally, the QQQ ETF stock has delivered an average annualized return of 17.7% in the past decade, ending in March 2023. Also, the ETF has a low expense ratio (cost of managing the ETF) of 0.20%, which makes it an attractive investment. Is QQQ Stock a Buy? It is worth mentioning that, as per 1,734 analysts providing ratings on QQQ\u2019s 102 holdings, the ETF is a Moderate Buy. Its average price target of $385.11 implies a 10.4% upside. Apart from analysts\u2019 consensus, QQQ is a Buy based on the technical indicators. Additionally, the Invesco QQQ ETF has an Outperform Smart Score of eight on TipRanks, implying it is more likely to beat the broader market averages. It is worth highlighting that more than 50% of the holdings boast an Outperform Smart Score. While most of the ETF\u2019s holdings witnessed strong returns over the past year, there remain a few stars, having gained over 50%. Let\u2019s take a look at the five best-performing stocks in the ETF: Nvidia Corporation (NVDA) Netflix Inc. (NFLX) Dexcom (DXCM) Mercadolibre, Inc. (MELI) Copart, Inc. (CPRT) Disclosure The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.""]"
CPRT,2023-06-09,43.105,43.585,42.8175,42.87,"Copart, Inc. (CPRT) Just Overtook the 20-Day Moving Average From a technical perspective, Copart, Inc. (CPRT) is looking like an interesting pick, as it just reached a key level of support. CPRT recently overtook the 20-day moving average, and this suggests a short-term bullish trend. A well-liked tool among traders, the 20-day simple moving average offers a look back at a stock's price over a 20-day period. This is very beneficial to short-term traders, as it smooths out short-term price trends and gives more trend reversal signals than longer-term moving averages. The 20-day moving average can show signals that are similar to other SMAs as well. If a stock's price is moving above the 20-day, the trend is considered positive. When the price falls below the moving average, it can signal a downward trend. CPRT could be on the verge of another rally after moving 7.6% higher over the last four weeks. Plus, the company is currently a Zacks Rank #2 (Buy) stock. Once investors consider CPRT's positive earnings estimate revisions, the bullish case only solidifies. No earnings estimate has been lowered in the past two months, compared to 3 raised estimates, for the current fiscal year, and the consensus estimate has increased as well. Investors should think about putting CPRT on their watchlist given the ultra-important technical indicator and positive move in earnings estimate revisions. 4 Oil Stocks with Massive Upsides Global demand for oil is through the roof... and oil producers are struggling to keep up. So even though oil prices are well off their recent highs, you can expect big profits from the companies that supply the world with ""black gold."" Zacks Investment Research has just released an urgent special report to help you bank on this trend. In Oil Market on Fire, you'll discover 4 unexpected oil and gas stocks positioned for big gains in the coming weeks and months. You don't want to miss these recommendations. Download your free report now to see them. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Copart, Inc. (CPRT) : Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
CPRT,2023-06-12,42.875,43.47,42.645,43.47,"[""First Week of June 16th Options Trading For Copart (CPRT) Investors in Copart Inc (Symbol: CPRT) saw new options begin trading this week, for the June 16th expiration. At Stock Options Channel, our YieldBoost formula has looked up and down the CPRT options chain for the new June 16th contracts and identified the following put contract of particular interest. The put contract at the $85.00 strike price has a current bid of 60 cents. If an investor was to sell-to-open that put contract, they are committing to purchase the stock at $85.00, but will also collect the premium, putting the cost basis of the shares at $84.40 (before broker commissions). To an investor already interested in purchasing shares of CPRT, that could represent an attractive alternative to paying $85.61/share today. Because the $85.00 strike represents an approximate 1% discount to the current trading price of the stock (in other words it is out-of-the-money by that percentage), there is also the possibility that the put contract would expire worthless. The current analytical data (including greeks and implied greeks) suggest the current odds of that happening are 61%. Stock Options Channel will track those odds over time to see how they change, publishing a chart of those numbers on our website under the contract detail page for this contract. Should the contract expire worthless, the premium would represent a 0.71% return on the cash commitment, or 64.41% annualized \u2014 at Stock Options Channel we call this the YieldBoost. Below is a chart showing the trailing twelve month trading history for Copart Inc, and highlighting in green where the $85.00 strike is located relative to that history: The implied volatility in the put contract example above is 26%. Meanwhile, we calculate the actual trailing twelve month volatility (considering the last 250 trading day closing values as well as today's price of $85.61) to be 26%. For more put and call options contract ideas worth looking at, visit StockOptionsChannel.com. Top YieldBoost Puts of the Nasdaq 100 \u00bb Also see: \u0095 HRK Videos \u0095 LYYN Insider Buying \u0095 FIO Options Chain The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Are Business Services Stocks Lagging Copart (CPRT) This Year? The Business Services group has plenty of great stocks, but investors should always be looking for companies that are outperforming their peers. Has Copart, Inc. (CPRT) been one of those stocks this year? By taking a look at the stock's year-to-date performance in comparison to its Business Services peers, we might be able to answer that question. Copart, Inc. is one of 334 companies in the Business Services group. The Business Services group currently sits at #8 within the Zacks Sector Rank. The Zacks Sector Rank considers 16 different sector groups. The average Zacks Rank of the individual stocks within the groups is measured, and the sectors are listed from best to worst. The Zacks Rank emphasizes earnings estimates and estimate revisions to find stocks with improving earnings outlooks. This system has a long record of success, and these stocks tend to be on track to beat the market over the next one to three months. Copart, Inc. is currently sporting a Zacks Rank of #2 (Buy). Within the past quarter, the Zacks Consensus Estimate for CPRT's full-year earnings has moved 2.9% higher. This signals that analyst sentiment is improving and the stock's earnings outlook is more positive. Our latest available data shows that CPRT has returned about 40.8% since the start of the calendar year. At the same time, Business Services stocks have gained an average of 5.8%. This shows that Copart, Inc. is outperforming its peers so far this year. Amadeus IT Group SA Unsponsored ADR (AMADY) is another Business Services stock that has outperformed the sector so far this year. Since the beginning of the year, the stock has returned 40%. In Amadeus IT Group SA Unsponsored ADR's case, the consensus EPS estimate for the current year increased 6.1% over the past three months. The stock currently has a Zacks Rank #2 (Buy). Breaking things down more, Copart, Inc. is a member of the Auction and Valuation Services industry, which includes 2 individual companies and currently sits at #7 in the Zacks Industry Rank. On average, stocks in this group have gained 40.5% this year, meaning that CPRT is performing better in terms of year-to-date returns. On the other hand, Amadeus IT Group SA Unsponsored ADR belongs to the Technology Services industry. This 193-stock industry is currently ranked #102. The industry has moved +17.3% year to date. Going forward, investors interested in Business Services stocks should continue to pay close attention to Copart, Inc. and Amadeus IT Group SA Unsponsored ADR as they could maintain their solid performance. 5 Stocks Set to Double Each was handpicked by a Zacks expert as the #1 favorite stock to gain +100% or more in 2021. Previous recommendations have soared +143.0%, +175.9%, +498.3% and +673.0%. Most of the stocks in this report are flying under Wall Street radar, which provides a great opportunity to get in on the ground floor. Today, See These 5 Potential Home Runs >> Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Copart, Inc. (CPRT) : Free Stock Analysis Report Amadeus IT Group SA Unsponsored ADR (AMADY) : Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.""]"
CPRT,2023-06-13,43.365,43.645,43.215,43.365,"CPRT Quantitative Stock Analysis Below is Validea's guru fundamental report for COPART, INC. (CPRT). Of the 22 guru strategies we follow, CPRT rates highest using our Quantitative Momentum Investor model based on the published strategy of Wesley Gray. This momentum model looks for stocks with strong and consistent intermediate-term relative performance. COPART, INC. (CPRT) is a large-cap growth stock in the Business Services industry. The rating using this strategy is 100% based on the firm’s underlying fundamentals and the stock’s valuation. A score of 80% or above typically indicates that the strategy has some interest in the stock and a score above 90% typically indicates strong interest. The following table summarizes whether the stock meets each of this strategy's tests. Not all criteria in the below table receive equal weighting or are independent, but the table provides a brief overview of the strong and weak points of the security in the context of the strategy's criteria. DEFINE THE UNIVERSE: PASS TWELVE MINUS ONE MOMENTUM: PASS RETURN CONSISTENCY PASS SEASONALITY NEUTRAL Detailed Analysis of COPART, INC. CPRT Guru Analysis CPRT Fundamental Analysis More Information on Wesley Gray Wesley Gray Portfolio About Wesley Gray: Wesley Gray is the founder of Alpha Architect and the author (along with co-author Jack Vogel) of ""Quantitative Momentum A Practitioner's Guide to Building a Momentum-Based Stock Selection System"". He is also the author (along with co-author Tobias Carlisle) of ""Quantitative Value: A Practitioner's Guide to Automating Intelligent Investment and Eliminating Behavioral Errors"". He is an industry recognized expert in the application of quantitative investing strategies. Wes is also a former Marine and has his Phd from the Univerisity of Chicago, where he studied under Nobel Prize winner Eugene Fama. Additional Research Links Top NASDAQ 100 Stocks Factor-Based Stock Portfolios Factor-Based ETF Portfolios Harry Browne Permanent Portfolio Ray Dalio All Weather Portfolio High Shareholder Yield Stocks About Validea: Validea is aninvestment researchservice that follows the published strategies of investment legends. Validea offers both stock analysis and model portfolios based on gurus who have outperformed the market over the long-term, including Warren Buffett, Benjamin Graham, Peter Lynch and Martin Zweig. For more information about Validea, click here The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
CPRT,2023-06-14,43.58,43.615,42.97,43.17,
CPRT,2023-06-15,43.065,43.6764,43.045,43.555,
CPRT,2023-06-16,44.045,44.29,43.4574,43.64,"Why Is Copart, Inc. (CPRT) Down 1.4% Since Last Earnings Report? A month has gone by since the last earnings report for Copart, Inc. (CPRT). Shares have lost about 1.4% in that time frame, underperforming the S&P 500. Will the recent negative trend continue leading up to its next earnings release, or is Copart, Inc. due for a breakout? Before we dive into how investors and analysts have reacted as of late, let's take a quick look at its most recent earnings report in order to get a better handle on the important catalysts. Copart Q3 Earnings & Revenues Beat Eatimates Copart, Inc. reported third-quarter fiscal 2023 (ended Apr 30, 2023) adjusted earnings per share of 72 cents, beating the Zacks Consensus Estimate of 62 cents. The outperformance was due to higher-than-anticipated service revenues. The bottom line also increased 24.1% year over year. The online auto auction leader generated revenues of $1,021.8 million, beating the Zacks Consensus Estimate of $1,013.1 million. The top line also increased 8.7% from the year-ago reported figure. Key Stats Fiscal third-quarter service revenues came in at $847.2 million, up from $766.3 million recorded in the year-earlier period, outpacing the Zacks Consensus Estimate of $814 million. Service revenues accounted for 82.9% of the total revenues. Vehicle sales totaled $174.6 million in the quarter, up from the prior year’s level of $173.6 million. The figure, however, lagged the Zacks Consensus Estimate of $185 million. Gross profit was up 10.8% year over year to $483.4 million. Total operating expenses flared up 6.3% to $602.9 million. General and administrative expenses rose 4.4% from the prior-year quarter to $52.3 million. Operating income rose to $418.9 million from $372.8 million recorded in the year-ago quarter. Net income also shot up 25.8% year over year to $350.4 million. Copart had cash, cash equivalents and restricted cash of $2,114.2 million as of Apr 30, 2023 compared with $1,384.2 million as of Jul 31, 2022. Long-term debt rose to $22.3 million at the end of the reported quarter from roughly $2 million as of Jul 31, 2022. How Have Estimates Been Moving Since Then? It turns out, estimates review have trended upward during the past month. VGM Scores At this time, Copart, Inc. has a nice Growth Score of B, however its Momentum Score is doing a bit better with an A. However, the stock was allocated a grade of F on the value side, putting it in the bottom 20% quintile for this investment strategy. Overall, the stock has an aggregate VGM Score of C. If you aren't focused on one strategy, this score is the one you should be interested in. Outlook Estimates have been trending upward for the stock, and the magnitude of these revisions looks promising. It comes with little surprise Copart, Inc. has a Zacks Rank #1 (Strong Buy). We expect an above average return from the stock in the next few months. Zacks Names ""Single Best Pick to Double"" From thousands of stocks, 5 Zacks experts each have chosen their favorite to skyrocket +100% or more in months to come. From those 5, Director of Research Sheraz Mian hand-picks one to have the most explosive upside of all. It’s a little-known chemical company that’s up 65% over last year, yet still dirt cheap. With unrelenting demand, soaring 2022 earnings estimates, and $1.5 billion for repurchasing shares, retail investors could jump in at any time. This company could rival or surpass other recent Zacks’ Stocks Set to Double like Boston Beer Company which shot up +143.0% in little more than 9 months and NVIDIA which boomed +175.9% in one year. Free: See Our Top Stock and 4 Runners Up >> Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Copart, Inc. (CPRT) : Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
CPRT,2023-06-20,43.67,44.335,43.655,43.885,
CPRT,2023-06-21,43.85,44.58,43.735,44.505,"Here’s Why the Invesco QQQ Trust ETF is Appealing Investors with a long-term horizon could consider investing in the Invesco QQQ Trust (NASDAQ:QQQ) ETF. This appealing ETF tracks the NASDAQ 100 Index (NDX) and provides an opportunity to hold stocks from 10 different sectors. Remarkably, the QQQ ETF has advanced more than 39% year-to-date thanks to the AI-related boom. Moreover, the ongoing rally may persist due to falling inflation, the economy's resilient recovery, and the pause on the Fed’s benchmark interest rate hike. What Makes QQQ ETF Attractive? The QQQ ETF stock is a growth-focused index fund with about $197.83 billion in assets under management. Interestingly, the QQQ ETF has beaten the S&P 500 Index (SPX) in nine out of the last ten years, with the trend continuing in 2023 so far. Additionally, the QQQ ETF stock has delivered an average annualized return of 17.7% in the past decade, ending in March 2023. Also, the ETF has a low expense ratio (cost of managing the ETF) of 0.20%, which makes it a promising investment. Is Invesco QQQ a Good Buy? Per the recommendations of 1,744 analysts giving stock forecasts for the 102 holdings of the Invesco QQQ ETF, the 12-month average price target of $388.73 implies 6% upside potential from current levels. Also, the QQQ ETF has a Moderate Buy consensus rating on TipRanks. Apart from analysts’ consensus, TipRanks’ easy-to-read technical summary signals indicate that QQQ ETF stock is a Buy at current levels. Importantly, the Invesco QQQ ETF has an Outperform Smart Score of eight on TipRanks, suggesting it could deliver market-beating returns in the future. Top 10 Performing Stocks in QQQ ETF The rally in top technology stocks drove the index fund to a new high last month. While several of the ETF’s holdings witnessed strong returns over the past year, there remain a few stars, having gained over 60%. Let’s take a look at the ten best-performing stocks in the ETF: Nvidia Corporation (NVDA) Netflix Inc. (NFLX) Dexcom (DXCM) Mercadolibre, Inc. (MELI) Broadcom Inc. (AVGO) Meta Platforms, Inc. (META) Intuitive Surgical (ISRG) Copart, Inc. (CPRT) Constellation Energy Corporation (CEG) Workday (WDAY) Disclosure The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
CPRT,2023-06-22,44.4625,44.9375,44.365,44.65,"[""First Week of February 2024 Options Trading For Copart (CPRT) Investors in Copart Inc (Symbol: CPRT) saw new options begin trading this week, for the February 2024 expiration. One of the key inputs that goes into the price an option buyer is willing to pay, is the time value, so with 239 days until expiration the newly trading contracts represent a potential opportunity for sellers of puts or calls to achieve a higher premium than would be available for the contracts with a closer expiration. At Stock Options Channel, our YieldBoost formula has looked up and down the CPRT options chain for the new February 2024 contracts and identified one put and one call contract of particular interest. The put contract at the $60.00 strike price has a current bid of 20 cents. If an investor was to sell-to-open that put contract, they are committing to purchase the stock at $60.00, but will also collect the premium, putting the cost basis of the shares at $59.80 (before broker commissions). To an investor already interested in purchasing shares of CPRT, that could represent an attractive alternative to paying $89.65/share today. Because the $60.00 strike represents an approximate 33% discount to the current trading price of the stock (in other words it is out-of-the-money by that percentage), there is also the possibility that the put contract would expire worthless. The current analytical data (including greeks and implied greeks) suggest the current odds of that happening are 99%. Stock Options Channel will track those odds over time to see how they change, publishing a chart of those numbers on our website under the contract detail page for this contract. Should the contract expire worthless, the premium would represent a 0.33% return on the cash commitment, or 0.51% annualized \u2014 at Stock Options Channel we call this the YieldBoost. Below is a chart showing the trailing twelve month trading history for Copart Inc, and highlighting in green where the $60.00 strike is located relative to that history: Turning to the calls side of the option chain, the call contract at the $95.00 strike price has a current bid of $3.50. If an investor was to purchase shares of CPRT stock at the current price level of $89.65/share, and then sell-to-open that call contract as a \""covered call,\"" they are committing to sell the stock at $95.00. Considering the call seller will also collect the premium, that would drive a total return (excluding dividends, if any) of 9.87% if the stock gets called away at the February 2024 expiration (before broker commissions). Of course, a lot of upside could potentially be left on the table if CPRT shares really soar, which is why looking at the trailing twelve month trading history for Copart Inc, as well as studying the business fundamentals becomes important. Below is a chart showing CPRT's trailing twelve month trading history, with the $95.00 strike highlighted in red: Considering the fact that the $95.00 strike represents an approximate 6% premium to the current trading price of the stock (in other words it is out-of-the-money by that percentage), there is also the possibility that the covered call contract would expire worthless, in which case the investor would keep both their shares of stock and the premium collected. The current analytical data (including greeks and implied greeks) suggest the current odds of that happening are 50%. On our website under the contract detail page for this contract, Stock Options Channel will track those odds over time to see how they change and publish a chart of those numbers (the trading history of the option contract will also be charted). Should the covered call contract expire worthless, the premium would represent a 3.90% boost of extra return to the investor, or 5.96% annualized, which we refer to as the YieldBoost. The implied volatility in the put contract example is 39%, while the implied volatility in the call contract example is 27%. Meanwhile, we calculate the actual trailing twelve month volatility (considering the last 251 trading day closing values as well as today's price of $89.65) to be 26%. For more put and call options contract ideas worth looking at, visit StockOptionsChannel.com. Top YieldBoost Calls of the Nasdaq 100 \u00bb Also see: \u0095 Preferred Stock Investing 5th Edition eBook Download \u0095 MLVF shares outstanding history \u0095 Funds Holding BRPA The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Do Options Traders Know Something About Copart (CPRT) Stock We Don't? Investors in Copart, Inc. CPRT need to pay close attention to the stock based on moves in the options market lately. That is because the Dec 15, 2023 $120 Call had some of the highest implied volatility of all equity options today. What is Implied Volatility? Implied volatility shows how much movement the market is expecting in the future. Options with high levels of implied volatility suggest that investors in the underlying stocks are expecting a big move in one direction or the other. It could also mean there is an event coming up soon that may cause a big rally or a huge sell-off. However, implied volatility is only one piece of the puzzle when putting together an options trading strategy. What do the Analysts Think? Clearly, options traders are pricing in a big move for Copart shares, but what is the fundamental picture for the company? Currently, Copart is a Zacks Rank #1 (Strong Buy) in the Auction and Valuation Services industry that ranks in the Top 1% of our Zacks Industry Rank. Over the last 30 days, two analysts have increased their earnings estimates for the current quarter, while none have revised their estimates downward. The net effect has taken our Zacks Consensus Estimate for the current quarter from 59 cents per share to 60 cents in that period. Given the way analysts feel about Copart right now, this huge implied volatility could mean there\u2019s a trade developing. Oftentimes, options traders look for options with high levels of implied volatility to sell premium. This is a strategy many seasoned traders use because it captures decay. At expiration, the hope for these traders is that the underlying stock does not move as much as originally expected. Looking to Trade Options? Check out the simple yet high-powered approach that Zacks Executive VP Kevin Matras has used to close recent double and triple-digit winners. In addition to impressive profit potential, these trades can actually reduce your risk. Click to see the trades now >> 7 Best Stocks for the Next 30 Days Just released: Experts distill 7 elite stocks from the current list of 220 Zacks Rank #1 Strong Buys. They deem these tickers \""Most Likely for Early Price Pops.\"" Since 1988, the full list has beaten the market more than 2X over with an average gain of +24.3% per year. So be sure to give these hand-picked 7 your immediate attention. See them now >> Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Copart, Inc. (CPRT) : Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.""]"
CPRT,2023-06-23,44.295,44.93,44.1978,44.595,
CPRT,2023-06-26,44.44,44.885,44.34,44.55,"These 3 Top-Ranked Stocks Have Displayed Red-Hot Momentum Feel free to stop me if you’ve heard this before, but stocks making new highs tend to make even higher highs, especially when analysts' positive earnings estimate revisions roll in. And by targeting stocks breaking out or near new highs, investors find themselves in favorable trends where buyers are in control. Three stocks – Celsius CELH, Builder’s FirstSource BLDR, and Copart CPRT – are all making fresh or near 52-week highs. All three have seen their earnings outlooks drift notably higher as of late, indicating favorable optimism from analysts. For those interested in the momentum, let’s take a closer look at each. Celsius Celsius operates within the functional energy drinks and liquid supplement categories internationally and in the United States. Analysts have upped their earnings expectations across all timeframes, helping push the stock into the highly-coveted Zacks Rank #1 (Strong Buy). Image Source: Zacks Investment Research The company posted rock-solid results in its latest release, exceeding the Zacks Consensus EPS estimate by more than 80%. Quarterly revenue totaled $260 million, 15% ahead of expectations and improving a substantial 95% from the year-ago quarter. Image Source: Zacks Investment Research Shares may not entice value-focused investors, with the current 10.2X forward price-to-sales ratio sitting on the higher end of the spectrum. Still, investors have had little issue forking up the premium given the company’s growth trajectory. Image Source: Zacks Investment Research Builders FirstSource Builders FirstSource supplies building materials, manufactured components, and construction services to professional homebuilders, sub-contractors, remodelers, and consumers. The company sports a Zacks Rank #1 (Strong Buy), with earnings expectations increasing across the board. Image Source: Zacks Investment Research The company’s 55.4% trailing twelve-month return on equity is undoubtedly impressive, nicely above the Zacks Retail and Wholesale sector average. The value reflects a higher level of efficiency in generating profits from existing assets, certainly a positive. Image Source: Zacks Investment Research And to top it off, BLDR sports an impressive earnings track record, exceeding both earnings and revenue expectations in nine consecutive quarters. Just in its latest release, the company delivered an 81% EPS beat paired with an 8% revenue surprise. Image Source: Zacks Investment Research Copart Copart, a Zacks Rank #1 (Strong Buy), provides online auctions and a wide range of remarketing services to process and sell salvage and clean title vehicles. Analysts have taken their earnings expectations modestly higher and have been in full agreement. Image Source: Zacks Investment Research Like CELH, Copart shares may not entice those with a value-focused approach, with shares currently trading at a 36.7X forward earnings multiple. The stock carries a Style Score of “F” for Value. Image Source: Zacks Investment Research Strong quarterly results have helped fuel CPRT shares in the near term, as we can see illustrated by the green arrow circled in the chart below. The company exceeded earnings expectations by more than 15% in its latest print while also reporting revenue above estimates. Image Source: Zacks Investment Research Bottom Line Stocks pushing new highs commonly make even higher highs. And when you add in positive earnings estimate revisions, these stocks have the fuel they need to continue their stellar runs. All three stocks above – Celsius CELH, Builder’s FirstSource BLDR, and Copart CPRT – could be considerations of investors looking to tap into relative strength. Infrastructure Stock Boom to Sweep America A massive push to rebuild the crumbling U.S. infrastructure will soon be underway. It’s bipartisan, urgent, and inevitable. Trillions will be spent. Fortunes will be made. The only question is “Will you get into the right stocks early when their growth potential is greatest?” Zacks has released a Special Report to help you do just that, and today it’s free. Discover 5 special companies that look to gain the most from construction and repair to roads, bridges, and buildings, plus cargo hauling and energy transformation on an almost unimaginable scale. Download FREE: How To Profit From Trillions On Spending For Infrastructure >> Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Builders FirstSource, Inc. (BLDR) : Free Stock Analysis Report Copart, Inc. (CPRT) : Free Stock Analysis Report Celsius Holdings Inc. (CELH) : Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
CPRT,2023-06-27,44.8,45.17,44.435,44.49,"CPRT Quantitative Stock Analysis Below is Validea's guru fundamental report for COPART, INC. (CPRT). Of the 22 guru strategies we follow, CPRT rates highest using our Quantitative Momentum Investor model based on the published strategy of Wesley Gray. This momentum model looks for stocks with strong and consistent intermediate-term relative performance. COPART, INC. (CPRT) is a large-cap growth stock in the Business Services industry. The rating using this strategy is 100% based on the firm’s underlying fundamentals and the stock’s valuation. A score of 80% or above typically indicates that the strategy has some interest in the stock and a score above 90% typically indicates strong interest. The following table summarizes whether the stock meets each of this strategy's tests. Not all criteria in the below table receive equal weighting or are independent, but the table provides a brief overview of the strong and weak points of the security in the context of the strategy's criteria. DEFINE THE UNIVERSE: PASS TWELVE MINUS ONE MOMENTUM: PASS RETURN CONSISTENCY PASS SEASONALITY NEUTRAL Detailed Analysis of COPART, INC. CPRT Guru Analysis CPRT Fundamental Analysis More Information on Wesley Gray Wesley Gray Portfolio About Wesley Gray: Wesley Gray is the founder of Alpha Architect and the author (along with co-author Jack Vogel) of ""Quantitative Momentum A Practitioner's Guide to Building a Momentum-Based Stock Selection System"". He is also the author (along with co-author Tobias Carlisle) of ""Quantitative Value: A Practitioner's Guide to Automating Intelligent Investment and Eliminating Behavioral Errors"". He is an industry recognized expert in the application of quantitative investing strategies. Wes is also a former Marine and has his Phd from the Univerisity of Chicago, where he studied under Nobel Prize winner Eugene Fama. Additional Research Links Top NASDAQ 100 Stocks Factor-Based Stock Portfolios Factor-Based ETF Portfolios Harry Browne Permanent Portfolio Ray Dalio All Weather Portfolio High Shareholder Yield Stocks About Validea: Validea is aninvestment researchservice that follows the published strategies of investment legends. Validea offers both stock analysis and model portfolios based on gurus who have outperformed the market over the long-term, including Warren Buffett, Benjamin Graham, Peter Lynch and Martin Zweig. For more information about Validea, click here The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
CPRT,2023-06-28,44.52,45.1,44.505,44.855,"[""3 Top-Ranked Stocks Investors Can Buy Today It is hard to go wrong buying stock in high quality businesses that have consistently grown sales and earnings year after year. Even better if you can buy them when they have improving earnings estimates and high Zacks Ranks, as this further improves the near-term odds of the stock trading higher. By scanning the Zacks Rank, I have identified three top-ranked stocks with exactly these characteristics. Copart CPRT, Akami Technologies AKAM, and Salesforce CRM all have numerous bullish catalysts acting in their favor. Image Source: Zacks Investment Research Copart Copart is a global online vehicle auction and remarketing platform founded in 1982. It facilitates the buying and selling of vehicles through its digital marketplace, serving individuals, dealerships, and insurance companies. With operations at over 200 locations in 11 countries, Copart has more than 250,000 vehicles available online every day. The company focuses on advanced technologies and data analytics to enhance the auction experience. Copart's efficient processes and extensive network have established its position as a leading player in the automotive industry with an estimated 40% market share in the auction market. CPRT stock has been an exceptional performer over the last 10 years compounding at an annual rate of 27.4% and returning 1,026% over that time. Also, over that period annual sales have steadily increased from $1.1 billion to $3.7 billion, and EPS have grown from $0.39 to $2.41 per share. Image Source: Zacks Investment Research Copart enjoys a Zacks Rank #1 (Strong Buy), indicating upward trending earnings revisions. Analysts have unanimously upgraded earnings expectations across timeframes, with current quarter earnings estimates revised 3.5% higher and FY23 earnings estimates revised nearly 4% higher. Additionally, current quarter earnings are projected to grow 5.3% YoY and FY23 earnings are expected to climb 9% YoY. Image Source: Zacks Investment Research CPRT is trading at a one-year forward earnings multiple 36.7x, which is above the industry average of 32.7x and above its five-year median of 32x. However, as the leading auction platform in the industry, it is understandable that Copart earns a premium valuation. Image Source: Zacks Investment Research Akami Technologies Akamai Technologies is a global content delivery network (CDN) and cloud services provider founded in 1998. The company offers solutions to accelerate and secure the delivery of online content, applications, and media. With a robust network infrastructure and advanced CDN technology, Akamai serves clients across various industries, optimizing website performance and providing cloud security against cybersecurity threats. Akamai remains a leading player in the digital content space, continuously adapting to meet evolving industry demands. AKAM has experienced strong upgrades in its earnings estimates, demonstrated by its Zacks Rank #1 (Strong Buy). Current quarter earnings estimates have been revised higher by 5.2% and are projected to grow 4.5% YoY. FY23 earnings have increased by 5.5% over the last two months and are forecast to climb 7.5% YoY. Image Source: Zacks Investment Research Akami Technologies is trading at a one-year forward earnings multiple of 19.8x, which is below the industry average of 23.9x, and below its 10-year median of 26.3x. With a valuation below its historic average and continued earnings growth, AKAM looks quite appealing. Image Source: Zacks Investment Research Salesforce Salesforce is a cloud-based customer relationship management (CRM) platform that offers a suite of tools and services to manage sales, marketing, customer service, and analytics. Founded in 1999, Salesforce has become a global leader in CRM solutions, providing businesses with a centralized hub for storing and managing customer data. The platform offers customization options and integrations to meet specific business needs. With its user-friendly interface and scalability, Salesforce enables organizations to strengthen customer relationships and drive growth through efficient CRM management. After a major restructuring earlier this year which involved laying off some 12,000 employees to increase profits, CRM has been one of the leading stocks in the market. The stock is up an impressive 59% YTD. Momentum seems to have taken ahold of Salesforce stock as the chart looks like it is ready for its next leg higher. The technical pattern below indicates that if CRM can clear the $214 level, it may very well initiate another bull run to new YTD highs. But, if the stock can\u2019t hold above the $205 level, the pattern is invalid, and investors can wait for another trade setup. Image Source: TradingView Further improving the odds that CRM rallies again are its upward trending earnings revisions. Salesforce currently boasts a Zacks Rank #1 (Strong Buy). Current quarter earnings estimates have been revised higher by 12.4% and are expected to climb a whopping 60% YoY. FY23 earnings estimates have been upgraded by 4.6% and are projected to increase 42% YoY. Sales for the software giant are expected to grow ~10% YoY across timeframes, so clearly the restructuring has been successful in boosting the bottom line. Image Source: Zacks Investment Research Salesforce has managed to engineer something rather unique. Despite considerable stock appreciation over the last year, its earnings multiple has more than halved thanks to the massive increase in profits. CRM is trading at a one-year forward multiple of 39.7x, which is above the industry average of 33.5x, and below its five-year median of 122x. Image Source: Zacks Investment Research Bottom Line Investors using Zacks proprietary research don\u2019t need to look far to find high quality investment ideas. While timing the market is an incredibly difficult activity, investors\u2019 odds of success can be greatly increased by trading only stocks on the Zacks Rank #1 list, which regularly outperform the market. Zacks Names \""Single Best Pick to Double\"" From thousands of stocks, 5 Zacks experts each have chosen their favorite to skyrocket +100% or more in months to come. From those 5, Director of Research Sheraz Mian hand-picks one to have the most explosive upside of all. It\u2019s a little-known chemical company that\u2019s up 65% over last year, yet still dirt cheap. With unrelenting demand, soaring 2022 earnings estimates, and $1.5 billion for repurchasing shares, retail investors could jump in at any time. This company could rival or surpass other recent Zacks\u2019 Stocks Set to Double like Boston Beer Company which shot up +143.0% in little more than 9 months and NVIDIA which boomed +175.9% in one year. Free: See Our Top Stock and 4 Runners Up >> Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Salesforce Inc. (CRM) : Free Stock Analysis Report Akamai Technologies, Inc. (AKAM) : Free Stock Analysis Report Copart, Inc. (CPRT) : Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Is Copart (CPRT) Outperforming Other Business Services Stocks This Year? Investors interested in Business Services stocks should always be looking to find the best-performing companies in the group. Has Copart, Inc. (CPRT) been one of those stocks this year? By taking a look at the stock's year-to-date performance in comparison to its Business Services peers, we might be able to answer that question. Copart, Inc. is a member of our Business Services group, which includes 333 different companies and currently sits at #8 in the Zacks Sector Rank. The Zacks Sector Rank includes 16 different groups and is listed in order from best to worst in terms of the average Zacks Rank of the individual companies within each of these sectors. The Zacks Rank is a successful stock-picking model that emphasizes earnings estimates and estimate revisions. The system highlights a number of different stocks that could be poised to outperform the broader market over the next one to three months. Copart, Inc. is currently sporting a Zacks Rank of #1 (Strong Buy). The Zacks Consensus Estimate for CPRT's full-year earnings has moved 3.9% higher within the past quarter. This signals that analyst sentiment is improving and the stock's earnings outlook is more positive. According to our latest data, CPRT has moved about 46.1% on a year-to-date basis. Meanwhile, the Business Services sector has returned an average of 8.9% on a year-to-date basis. As we can see, Copart, Inc. is performing better than its sector in the calendar year. Amadeus IT Group SA Unsponsored ADR (AMADY) is another Business Services stock that has outperformed the sector so far this year. Since the beginning of the year, the stock has returned 47.6%. Over the past three months, Amadeus IT Group SA Unsponsored ADR's consensus EPS estimate for the current year has increased 6.2%. The stock currently has a Zacks Rank #1 (Strong Buy). Looking more specifically, Copart, Inc. belongs to the Auction and Valuation Services industry, a group that includes 2 individual stocks and currently sits at #1 in the Zacks Industry Rank. On average, stocks in this group have gained 46.2% this year, meaning that CPRT is slightly underperforming its industry in terms of year-to-date returns. In contrast, Amadeus IT Group SA Unsponsored ADR falls under the Technology Services industry. Currently, this industry has 192 stocks and is ranked #107. Since the beginning of the year, the industry has moved +19.1%. Going forward, investors interested in Business Services stocks should continue to pay close attention to Copart, Inc. and Amadeus IT Group SA Unsponsored ADR as they could maintain their solid performance. Zacks Names \""Single Best Pick to Double\"" From thousands of stocks, 5 Zacks experts each have chosen their favorite to skyrocket +100% or more in months to come. From those 5, Director of Research Sheraz Mian hand-picks one to have the most explosive upside of all. It\u2019s a little-known chemical company that\u2019s up 65% over last year, yet still dirt cheap. With unrelenting demand, soaring 2022 earnings estimates, and $1.5 billion for repurchasing shares, retail investors could jump in at any time. This company could rival or surpass other recent Zacks\u2019 Stocks Set to Double like Boston Beer Company which shot up +143.0% in little more than 9 months and NVIDIA which boomed +175.9% in one year. Free: See Our Top Stock and 4 Runners Up >> Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Copart, Inc. (CPRT) : Free Stock Analysis Report Amadeus IT Group SA Unsponsored ADR (AMADY) : Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.""]"
CPRT,2023-06-29,44.915,45.29,44.74,45.13,"[""Jacobs (J), Mace Partner for the Ellinikon Program in Greece Jacobs Solutions Inc. J and Mace have entered into a joint venture to manage the four primary building projects under the Ellinikon program, namely Riviera Tower, Vouliagmenis Mall Complex, Riviera Galleria and the Mixed Use Tower. This joint venture will act as Program Management Consultant and Project Management Consultant for the Ellinikon development project by Hellinikon S.M.S.A., a subsidiary of LAMDA Development S.A. The Ellinikon development project is Europe\u2019s largest urban infrastructure development investment. It is also Greece\u2019s largest urban regeneration investment to date and will include one of the first green architectural landmarks in the country. Under the building portfolio, the Riviera Tower has been constructed per LEED (Leadership in Energy and Environmental Design) Gold standard, using eco-friendly materials. It stands 200 meters above sea level. This LAMDA Development planned building is expected to be completed in 2026. Also, the portfolio will include Mixed Use Tower, a 160-meter-tall structure that will house an office, hotel and residential spaces. Riviera Galleria will offer a new high-end retail, hospitality and entertainment hub. Jacobs is optimistic about the collaboration for the Ellinikon project as it believes that it will support communities, business and tourism by creating green, integrated places and spaces. Sustainable Solutions Aid Jacobs Jacobs delivers sustainable solutions for architecture, structures, building systems, interiors and strategies. The Cities & Places sector of the People & Places Solutions (P&PS) segment holds 16% of its trailing twelve-month revenues. This sector focuses on integrating data, technology, mobility and connectivity to improve economic and social equity the resiliency of cities and communities. P&PS segment\u2019s backlog at fiscal second-quarter end was $17.6 billion, up from $16.9 billion a year ago. The upside was backed by strong legislative drivers spending in federal, state and local initiatives. The overall sales pipeline of this segment remains solid as climate, decarbonization and social value are gaining momentum across sectors. Strong global trends in infrastructure modernization, energy transition, national security and a potential super-cycle in global supply chain investments bode well. In the past three months, shares of Jacobs have risen 0.9%, underperforming the Zacks Technology Services industry\u2019s growth of 10.1%. Image Source: Zacks Investment Research Although the company\u2019s stock price has underperformed its industry, its consistent contract wins will help it achieve growth momentum in the upcoming period. Zacks Rank & Key Picks Jacobs currently carries a Zacks Rank #3 (Hold). Some better-ranked stocks from the Zacks Business Services sector are SPX Technologies, Inc. SPXC, Copart, Inc. CPRT and Omnicom Group Inc. OMC. SPX Technologies currently sports a Zacks Rank #1 (Strong Buy). SPXC has a trailing four-quarter earnings surprise of 28.4%, on average. Shares of the company have gained 59.4% in the past year. You can see the complete list of today\u2019s Zacks #1 Rank stocks here. The Zacks Consensus Estimate for SPXC\u2019s 2023 sales and EPS indicates growth of 17% and 28.7%, respectively, from the year-ago reported levels. Copart currently sports a Zacks Rank #1. CPRT delivered a four-quarter average earnings surprise of 5.6%. The company\u2019s shares have risen 66.2% in the past year. The Zacks Consensus Estimate for CPRT\u2019s fiscal 2023 sales and EPS indicates growth of 9.1% and 9%, respectively, from the prior-year reported figures. Omnicom currently has a Zacks Rank #2 (Buy). OMC came up with a four-quarter average earnings surprise of 9.1%. The stock has risen 50.4% in the past year. The Zacks Consensus Estimate for OMC\u2019s 2023 sales and EPS indicates growth of 3% and 7.2%, respectively, from the prior-year reported figures. Free Report: Top EV Battery Stocks to Buy Now Just-released report reveals 5 stocks to profit as millions of EV batteries are made. Elon Musk tweeted that lithium prices have gone to \""insane levels,\"" and they're likely to keep climbing. As a result, a handful of lithium battery stocks are set to skyrocket. Access this report to discover which battery stocks to buy and which to avoid. Download free today. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Omnicom Group Inc. (OMC) : Free Stock Analysis Report Copart, Inc. (CPRT) : Free Stock Analysis Report SPX Technologies, Inc. (SPXC) : Free Stock Analysis Report Jacobs Solutions Inc. (J) : Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Is Invesco S&P 500 Equal Weight Industrials ETF (RSPN) a Strong ETF Right Now? The Invesco S&P 500 Equal Weight Industrials ETF (RSPN) made its debut on 11/01/2006, and is a smart beta exchange traded fund that provides broad exposure to the Industrials ETFs category of the market. What Are Smart Beta ETFs? The ETF industry has traditionally been dominated by products based on market capitalization weighted indexes that are designed to represent the market or a particular segment of the market. Investors who believe in market efficiency should consider market cap indexes, as they replicate market returns in a low-cost, convenient, and transparent way. But, there are some investors who would rather invest in smart beta funds; these funds track non-cap weighted strategies, and are a strong option for those who prefer choosing great stocks in order to beat the market. Based on specific fundamental characteristics, or a combination of such, these indexes attempt to pick stocks that have a better chance of risk-return performance. Even though this space provides many choices to investors--think one of the simplest methodologies like equal-weighting and more complicated ones like fundamental and volatility/momentum based weighting--not all have been able to deliver first-rate results. Fund Sponsor & Index RSPN is managed by Invesco, and this fund has amassed over $481.73 million, which makes it one of the average sized ETFs in the Industrials ETFs. This particular fund seeks to match the performance of the S&P 500 EQUAL WEIGHT INDUSTRIALS INDEX before fees and expenses. The S&P 500 Equal Weight Industrials Index equally weights stocks in the industrials sector of the S&P 500 Index. Cost & Other Expenses Since cheaper funds tend to produce better results than more expensive funds, assuming all other factors remain equal, it is important for investors to pay attention to an ETF's expense ratio. Operating expenses on an annual basis are 0.40% for this ETF, which makes it on par with most peer products in the space. RSPN's 12-month trailing dividend yield is 1.09%. Sector Exposure and Top Holdings Even though ETFs offer diversified exposure that minimizes single stock risk, investors should also look at the actual holdings inside the fund. Luckily, most ETFs are very transparent products that disclose their holdings on a daily basis. For RSPN, it has heaviest allocation in the Industrials sector --about 100% of the portfolio. Taking into account individual holdings, Copart Inc (CPRT) accounts for about 1.69% of the fund's total assets, followed by Verisk Analytics Inc (VRSK) and Costar Group Inc (CSGP). The top 10 holdings account for about 15.32% of total assets under management. Performance and Risk So far this year, RSPN has added roughly 4.48%, and it's up approximately 0% in the last one year (as of 06/29/2023). During this past 52-week period, the fund has traded between $191.92 and $200.72. The fund has a beta of 1.16. With about 76 holdings, it effectively diversifies company-specific risk. Alternatives Invesco S&P 500 Equal Weight Industrials ETF is a reasonable option for investors seeking to outperform the Industrials ETFs segment of the market. However, there are other ETFs in the space which investors could consider. Vanguard Industrials ETF (VIS) tracks MSCI US Investable Market Industrials 25/50 Index and the Industrial Select Sector SPDR ETF (XLI) tracks Industrial Select Sector Index. Vanguard Industrials ETF has $4.01 billion in assets, Industrial Select Sector SPDR ETF has $14.42 billion. VIS has an expense ratio of 0.10% and XLI charges 0.10%. Investors looking for cheaper and lower-risk options should consider traditional market cap weighted ETFs that aim to match the returns of the Industrials ETFs. Bottom Line To learn more about this product and other ETFs, screen for products that match your investment objectives and read articles on latest developments in the ETF investing universe, please visit Zacks ETF Center. Want key ETF info delivered straight to your inbox? Zacks\u2019 free Fund Newsletter will brief you on top news and analysis, as well as top-performing ETFs, each week. Get it free >> Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Invesco S&P 500 Equal Weight Industrials ETF (RSPN): ETF Research Reports Copart, Inc. (CPRT) : Free Stock Analysis Report CoStar Group, Inc. (CSGP) : Free Stock Analysis Report Vanguard Industrials ETF (VIS): ETF Research Reports Industrial Select Sector SPDR ETF (XLI): ETF Research Reports Verisk Analytics, Inc. (VRSK) : Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.""]"
CPRT,2023-06-30,45.365,45.79,45.16,45.605,"Analysts Are Raising Expectations for These 3 Auto Stocks Targeting areas of the market that are seeing positive earnings estimate revisions is an excellent way for investors to insert themselves in favorable trends. That’s precisely what the Zacks Autos sector has witnessed as of late, helping push it into the #3 spot out of all 16 Zacks sectors. Three stocks from the realm – Copart CPRT, Genuine Parts GPC, and Gentex GNTX – could all be watchlist considerations for those looking to tap into the improved outlooks. Let’s take a closer look at each. Gentex Gentex supplies automatic-dimming rear-view mirrors and electronics to the automotive industry, fire protection products to the fire protection market, and dimmable aircraft windows for aviation markets. The stock is a Zacks Rank #2 (Buy), with earnings expectations increasing across nearly all timeframes. The company’s growth profile is hard to ignore, with earnings expected to climb 22% in its current fiscal year (FY23) and a further 25% in FY24. Revenue growth is also apparent, expected to grow 14% in FY23 and 10% in FY24. Image Source: Zacks Investment Research Shares also provide a source of income, yielding 1.6% annually paired with a sustainable payout ratio residing at 34% of the company’s earnings. GNTX has also increasingly rewarded its shareholders, carrying a 2% five-year annualized dividend growth rate. Image Source: Zacks Investment Research Genuine Parts Genuine Parts, a Zacks Rank #2 (Buy), distributes automotive and industrial replacement parts and materials. The company is a consistent earnings performer, exceeding earnings and revenue expectations in nine consecutive quarters. Just in its latest release, the company delivered a 6% EPS beat paired with a modest revenue surprise. Below is a chart illustrating the company’s revenue on a quarterly basis. Image Source: Zacks Investment Research In addition, shares aren’t stretched from a valuation perspective, with the current 18.3X forward earnings multiple sitting in line with the five-year median and well below highs of 22.9X in 2022. The stock carries a Style Score of “A” for Value. Image Source: Zacks Investment Research Copart Copart, a Zacks Rank #1 (Strong Buy), provides online auctions and a wide range of remarketing services to process and sell salvage and clean title vehicles. Analysts have taken their earnings expectations modestly higher and have been in full agreement. Image Source: Zacks Investment Research The company posted strong results in its latest release, exceeding the Zacks Consensus EPS Estimate by more than 15% and delivering a modest revenue beat. Shares got a boost post-earnings thanks to the results, just as they did in the previous quarter. Image Source: Zacks Investment Research Bottom Line As of late, the Zacks Autos sector has seen near-term optimism from analysts, helping land it into the #3 spot of all 16 Zacks sectors. And for those looking to tap into the improved outlooks, all three stocks above – Copart CPRT, Genuine Parts GPC, and Gentex GNTX – could be solid watchlist considerations. Zacks Names ""Single Best Pick to Double"" From thousands of stocks, 5 Zacks experts each have chosen their favorite to skyrocket +100% or more in months to come. From those 5, Director of Research Sheraz Mian hand-picks one to have the most explosive upside of all. It’s a little-known chemical company that’s up 65% over last year, yet still dirt cheap. With unrelenting demand, soaring 2022 earnings estimates, and $1.5 billion for repurchasing shares, retail investors could jump in at any time. This company could rival or surpass other recent Zacks’ Stocks Set to Double like Boston Beer Company which shot up +143.0% in little more than 9 months and NVIDIA which boomed +175.9% in one year. Free: See Our Top Stock and 4 Runners Up >> Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Genuine Parts Company (GPC) : Free Stock Analysis Report Copart, Inc. (CPRT) : Free Stock Analysis Report Gentex Corporation (GNTX) : Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
CPRT,2023-07-03,45.5275,45.5275,44.7682,45.125,
CPRT,2023-07-05,44.925,45.41,44.925,45.245,"CPRT December 2024 Options Begin Trading Investors in Copart Inc (Symbol: CPRT) saw new options begin trading today, for the December 2024 expiration. One of the key inputs that goes into the price an option buyer is willing to pay, is the time value, so with 534 days until expiration the newly trading contracts represent a potential opportunity for sellers of puts or calls to achieve a higher premium than would be available for the contracts with a closer expiration. At Stock Options Channel, our YieldBoost formula has looked up and down the CPRT options chain for the new December 2024 contracts and identified one put and one call contract of particular interest. The put contract at the $90.00 strike price has a current bid of $4.10. If an investor was to sell-to-open that put contract, they are committing to purchase the stock at $90.00, but will also collect the premium, putting the cost basis of the shares at $85.90 (before broker commissions). To an investor already interested in purchasing shares of CPRT, that could represent an attractive alternative to paying $90.58/share today. Because the $90.00 strike represents an approximate 1% discount to the current trading price of the stock (in other words it is out-of-the-money by that percentage), there is also the possibility that the put contract would expire worthless. The current analytical data (including greeks and implied greeks) suggest the current odds of that happening are 99%. Stock Options Channel will track those odds over time to see how they change, publishing a chart of those numbers on our website under the contract detail page for this contract. Should the contract expire worthless, the premium would represent a 4.56% return on the cash commitment, or 3.11% annualized — at Stock Options Channel we call this the YieldBoost. Below is a chart showing the trailing twelve month trading history for Copart Inc, and highlighting in green where the $90.00 strike is located relative to that history: Turning to the calls side of the option chain, the call contract at the $95.00 strike price has a current bid of $8.00. If an investor was to purchase shares of CPRT stock at the current price level of $90.58/share, and then sell-to-open that call contract as a ""covered call,"" they are committing to sell the stock at $95.00. Considering the call seller will also collect the premium, that would drive a total return (excluding dividends, if any) of 13.71% if the stock gets called away at the December 2024 expiration (before broker commissions). Of course, a lot of upside could potentially be left on the table if CPRT shares really soar, which is why looking at the trailing twelve month trading history for Copart Inc, as well as studying the business fundamentals becomes important. Below is a chart showing CPRT's trailing twelve month trading history, with the $95.00 strike highlighted in red: Considering the fact that the $95.00 strike represents an approximate 5% premium to the current trading price of the stock (in other words it is out-of-the-money by that percentage), there is also the possibility that the covered call contract would expire worthless, in which case the investor would keep both their shares of stock and the premium collected. The current analytical data (including greeks and implied greeks) suggest the current odds of that happening are 99%. On our website under the contract detail page for this contract, Stock Options Channel will track those odds over time to see how they change and publish a chart of those numbers (the trading history of the option contract will also be charted). Should the covered call contract expire worthless, the premium would represent a 8.83% boost of extra return to the investor, or 6.04% annualized, which we refer to as the YieldBoost. Meanwhile, we calculate the actual trailing twelve month volatility (considering the last 251 trading day closing values as well as today's price of $90.58) to be 25%. For more put and call options contract ideas worth looking at, visit StockOptionsChannel.com. Top YieldBoost Calls of the Nasdaq 100 » Also see: • GGP Videos • Institutional Holders of BLT • Funds Holding RMI The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
CPRT,2023-07-06,44.875,44.9125,44.215,44.47,
CPRT,2023-07-07,44.23,44.53,43.865,44.055,
CPRT,2023-07-10,44.545,45.375,44.535,45.145,"Top 5 Non-Tech Nasdaq Winners of 1H With More Upside Left Wall Street rebounded in the first half of 2023 after a highly disappointing 2022. The rally was primarily led by growth stocks, especially, technology stocks. Consequently, the tech-heavy Nasdaq Composite Index took the lead role in enabling U.S. stock markets to resume their northward journey. Moreover, the tech rally in the first half was led by a massive thrust toward artificial intelligence (AI), especially generative AI. The rapid penetration of digital technologies and the Internet worldwide during the lockdown, ushered in significant adoption of AI. Despite being a tech-laden index, Nasdaq Composite also carries a diversified structure. Several stocks from non-technology sectors like consumer discretionary, consumer staples, medical, business services and industrials are included in the index. Several stocks from these non-technology sectors popped in first-half 2023. Our Top Picks We have narrowed our search to five Nasdaq Composite listed non-technology stocks that provided handsome returns in the first half and have more potential for growth. These stocks have seen positive earnings estimate revisions in the last 30 days. Each of our picks carries a Zacks Rank #2 (Buy). You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here. The chart below shows the price performance of our five picks year to date. Image Source: Zacks Investment Research DraftKings Inc. DKNG is a digital sports entertainment and gaming company catering to the competitive spirits of sports fans with products that include daily fantasy, regulated gaming and digital media. DKNG is the only U.S.-based vertically integrated sports betting operator. DKNG is a multi-channel provider of sports betting and gaming technologies, powering sports and gaming entertainment for 50 operators across more than 15 U.S. and global markets. Zacks Rank #2 DraftKings has an expected revenue and earnings growth rate of 43.6% and 40.8%, respectively, for the current year. The Zacks Consensus Estimate for current-year earnings has improved 0.5% over the past 30 days. The stock price of DKNG has soared 134% year to date. Celsius Holdings Inc. CELH specializes in commercializing healthier, nutritional functional foods, beverages and dietary supplements. CELH markets Celsius, the calorie burner, through its wholly-owned operating subsidiary, Celsius Inc. CELH sells its products through grocery, drug, convenience, club and mass, and health and fitness channels. Zacks Rank #1 Celsius Holdings has an expected revenue and earnings growth rate of 69.6% and more than 100%, respectively, for the current year. The Zacks Consensus Estimate for current-year earnings has improved 0.7% over the last 30 days. The stock price of CELH has surged 40.3% year to date. Marriott International Inc. MAR is benefiting from its focus on expansion initiatives, digital innovation, and loyalty program. MAR is also gaining from reopening international borders and leniency in travel restrictions, which have resulted in solid leisure demand along with business and cross-border travel improvements. MAR is consistently trying to expand its worldwide presence and capitalize on the demand for hotels in international markets. Zacks Rank #2 Marriott International has an expected revenue and earnings growth rate of 13.1% and 25.7%, respectively, for the current year. The Zacks Consensus Estimate for current-year earnings has improved 0.2% over the last 30 days. The stock price of MAR has advanced 24.7% year to date. Copart Inc. CPRT enjoys a leadership position in the automotive auction market, commanding roughly 40% of the market share. CPRT’s competitiveness is supported by its multiple locations and size of its new facility openings. Zacks Rank #1 Copart has an expected revenue and earnings growth rate of 7.1% and 9%, respectively, for the current year (ending July 2024). The Zacks Consensus Estimate for current-year earnings has improved 0.4% over the last 30 days. The stock price of CPRT has climbed 44.7% year to date. Exact Sciences Corp. EXAS exited the first quarter of 2023 with better-than-expected results. Robust revenues from the Screening and Precision Oncology segments contributed to the top line. During the quarter, 10,000 new healthcare professionals ordered Cologuard, bringing the total to over 312,000. The growing uptake of EXAS’ Oncotype DX Breast and therapy selection products which help in the diagnosis of early-stage breast cancer looks encouraging. EXAS also raised its guidance for 2023. Zacks Rank #2 Exact Sciences has an expected revenue and earnings growth rate of 15.8% and 41.5%, respectively, for the current year. The Zacks Consensus Estimate for current-year earnings has improved 4.2% over the last 30 days. The stock price of EXAS has jumped 82.9% year to date. Infrastructure Stock Boom to Sweep America A massive push to rebuild the crumbling U.S. infrastructure will soon be underway. It’s bipartisan, urgent, and inevitable. Trillions will be spent. Fortunes will be made. The only question is “Will you get into the right stocks early when their growth potential is greatest?” Zacks has released a Special Report to help you do just that, and today it’s free. Discover 5 special companies that look to gain the most from construction and repair to roads, bridges, and buildings, plus cargo hauling and energy transformation on an almost unimaginable scale. Download FREE: How To Profit From Trillions On Spending For Infrastructure >> Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Marriott International, Inc. (MAR) : Free Stock Analysis Report Copart, Inc. (CPRT) : Free Stock Analysis Report Exact Sciences Corporation (EXAS) : Free Stock Analysis Report Celsius Holdings Inc. (CELH) : Free Stock Analysis Report DraftKings Inc. (DKNG) : Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
CPRT,2023-07-11,45.205,45.463,45.06,45.285,"[""CPRT Quantitative Stock Analysis - Peter Lynch Below is Validea's guru fundamental report for COPART, INC. (CPRT). Of the 22 guru strategies we follow, CPRT rates highest using our P/E/Growth Investor model based on the published strategy of Peter Lynch. This strategy looks for stocks trading at a reasonable price relative to earnings growth that also possess strong balance sheets. COPART, INC. (CPRT) is a large-cap growth stock in the Business Services industry. The rating using this strategy is 87% based on the firm\u2019s underlying fundamentals and the stock\u2019s valuation. A score of 80% or above typically indicates that the strategy has some interest in the stock and a score above 90% typically indicates strong interest. The following table summarizes whether the stock meets each of this strategy's tests. Not all criteria in the below table receive equal weighting or are independent, but the table provides a brief overview of the strong and weak points of the security in the context of the strategy's criteria. P/E/GROWTH RATIO: PASS SALES AND P/E RATIO: PASS EPS GROWTH RATE: PASS TOTAL DEBT/EQUITY RATIO: PASS FREE CASH FLOW: NEUTRAL NET CASH POSITION: NEUTRAL Detailed Analysis of COPART, INC. CPRT Guru Analysis CPRT Fundamental Analysis More Information on Peter Lynch Peter Lynch Portfolio Top Peter Lynch Stocks About Peter Lynch: Perhaps the greatest mutual fund manager of all-time, Lynch guided Fidelity Investment's Magellan Fund to a 29.2 percent average annual return from 1977 until his retirement in 1990, almost doubling the S&P 500's 15.8 percent yearly return over that time. Lynch's common sense approach and quick wit made him one of the most quoted investors on Wall Street. (\""Go for a business that any idiot can run -- because sooner or later, any idiot probably is going to run it,\"" is one of his many pearls of wisdom.) Lynch's bestseller One Up on Wall Street is something of a \""stocks for the everyman/everywoman\"", breaking his approach down into easy-to-understand concepts. Additional Research Links Top NASDAQ 100 Stocks Factor-Based ETF Portfolios Harry Browne Permanent Portfolio Ray Dalio All Weather Portfolio High Shareholder Yield Stocks Excess Returns Investing Podcast About Validea: Validea is aninvestment researchservice that follows the published strategies of investment legends. Validea offers both stock analysis and model portfolios based on gurus who have outperformed the market over the long-term, including Warren Buffett, Benjamin Graham, Peter Lynch and Martin Zweig. For more information about Validea, click here The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""The Zacks Analyst Blog Highlights JPMorgan Chase, Citigroup, Transdigm, Copart and Lennar For Immediate Release Chicago, IL \u2013 July 11, 2023 \u2013 Zacks.com announces the list of stocks featured in the Analyst Blog. Every day the Zacks Equity Research analysts discuss the latest news and events impacting stocks and the financial markets. Stocks recently featured in the blog include: JPMorgan Chase JPM, Citigroup C, Transdigm Group TDG, Copart CPRT and Lennar LEN. Here are highlights from Monday\u2019s Analyst Blog: Major U.S. Banks Report: Global Week Ahead In the Global Week Ahead, tensions between the political capitals of Washington DC and Beijing remain a focus. In terms of macro, U.S. consumer price inflation (CPI) data will critically update the FOMC. The CPI data lands on Wednesday. At mid-week, monetary policy rate-setters in New Zealand and Canada meet. Next are Reuters' five world market themes, reordered for equity traders\u2014 (1) U.S. Major Bank Reports Kick Off Q2 Earnings Season U.S. banking giants sailed through the Fed's annual health check in late June, highlighting they have enough capital to weather a severe economic downturn. But now it's time for earnings, with JPMorgan Chase and Citigroup scheduled to report second quarter earnings on July 14th. The picture looks not so rosy with results predicted to be weighed down by sluggish dealmaking and trading revenue while a dearth of investment-banking activity has prompted banks to lay off thousands of employees. Meanwhile, the largest U.S. lenders are expected to keep tightening credit standards given the uncertain economic environment, particularly after bank failures earlier this year. Analysts focus on banks' lending outlook and how much they set aside in rainy-day funds to cushion losses from souring loans. (2) Traders Now Accept \""Higher for Longer\"" Markets have come around fast to the Fed's view that instead of being cut anytime soon, rates will remain high for longer. After another brutal bond sell off, focus turns to Wednesday's U.S. inflation data. Price pressures have been easing but perhaps not fast enough with a July rate hike seen as likely. May CPI data showed the smallest year-on-year increase since March 2021 \u2014 but at 4%, that was still well above the Fed's 2% target. Just like the latest personal consumption expenditures index showed similarly slowing inflation also above the Fed's comfort zone. June meeting minutes showed a united Fed agreed to hold rates steady, buy time and assess whether further hikes would be needed. The answer seems yes. And the most deeply inverted bond yield curve since the 1980s suggests investors bracing for another hike also expect Fed tightening raises recession risks. (3) Debt-laden Firms \u2014 Around the World \u2014 Running into Trouble Debt-laden companies are running into trouble: \u00b7 Embattled French retailer Casino (CASP), with 3 billion euros ($3.3 billion) of debt maturing in the next two years, has until end-July to agree a restructuring plan \u00b7 Britain's Thames Water, with 14 billion pounds of borrowings, faces temporary state ownership if it can't raise fresh capital \u00b7 Sweden's commercial landlord SBB is fighting for survival In the U.S., junk-rated companies have to refinance almost $1.2 trillion of borrowings by 2026, according to S&P Global Ratings. At the same time, the market for collateralized loan obligations \u2014 vehicles formed by specialist asset managers that buy about 60% of all junk-rated loans and package them up into bonds \u2014 has almost shuddered to a halt. Stock market valuations do not reflect any credit-related worries yet \u2014 but that may just be the eye of a storm. (4) Capitals of Beijing and DC Fight High-Tech Trade War China is fighting a hi-tech trade war with Washington while grappling with a sputtering economy. After months of tightening of restrictions by the U.S. and key allies on chip-related imports, Beijing hit back in recent days with curbs on chip-making metal exports, and a warning of more to come \u2014 just in time for Treasury Secretary Janet Yellen's visit. Washington has been mulling curbing Chinese companies' access to cloud-computing services. Things aren't looking bright on the economic front, either. Monday's inflation data should show more deflationary pressure at factories and retailers, while Thursday's trade numbers are expected to see a continued decline in exports \u2014 all pointing to lackluster demand. Hopes for major Politburo policy support at month-end seem to have faded. Goldman Sachs said that conversations with their local clients showed they now expected to see measures aimed only at easing economic headwinds, rather than generating strong growth. (5) On Wednesday, the Reserve Bank of New Zealand (RBNZ) and the Bank of Canada (BoC) Give Supply Updates Skips, pauses and pivots dominate monetary policy conversations as persistent inflation has seemingly consigned central-bank forward guidance to the dustbin of history. Increasingly, policymakers say decisions depend on future data, making it harder for traders to formulate a view on the outlook. The Reserve Bank of New Zealand (RBNZ) \u2014 one of the first major central banks to start tightening policy \u2014 has raised rates by 525 basis points since October 2021 - the most among the G10. In May, it signaled it had finished raising rates, but at its meeting on Wednesday longer-term clarity may remain out of reach with inflation running at 6.7% and the economy in recession. The Bank of Canada, meeting the same day, is in the data-dependent corner, leaving markets split down the middle on whether it will raise or pause. Zacks #1 Rank (STRONG BUY) Stocks (1) Transdigm Group : This Aerospace and Defense company's stock prices at a whopping $879. There is a current market cap of $48.3B. I see a Zacks Value score of F, a Zacks Growth score of F, and a Zacks Momentum score of D. Incepted in 1993, TransDigm Group is a leading global designer, producer and supplier of highly-engineered aerospace components that used in commercial and military aircraft. The company, through its well-diversified business, offers a broad range of products to its customers. TransDigm currently has four reportable segments: The Airframe segment produces systems and components like engineered latching and locking devices, security components and systems, aircraft audio systems, specialized lavatory components, seat belts and safety restraints, engineered interior surfaces and related components, military personnel parachutes and cargo delivery systems. These are used in non-power airframe applications utilizing airframe and cabin structure technologies. It contributed 44.1% to the company's total sales in fiscal 2022. The Power & Control segment develops products like mechanical/electro-mechanical actuators and controls, ignition systems and engine technology, specialized pumps and valves, power conditioning devices, specialized AC/DC electric motors and generators, and lifting devices and cargo loading and handling systems. These are used in controlling power of the aircraft utilizing electronic, fluid, power and mechanical motion control technologies. It contributed 52.9% to the company's total sales in fiscal 2022. The Non-aviation segment's products include seat belts and safety restraints for ground transportation applications, mechanical/electro-mechanical actuators and controls for space applications, and refueling systems for heavy equipment used in mining, construction and other industries. It contributed 3% to the company's total sales in fiscal 2022. Esterline Technologies became a reportable segment of TransDigm, post its acquisition in March 2019. Notably, Esterline includes a collection of approximately 20 reporting units that primarily develop, produce and market products for the aerospace and defense industry. Each Esterline reporting unit is included in one of TransDigm's segments. (2) Copart: This is a $89 stock, in the Auction and Valuation Services industry. This company's stock currently has a market cap of $42.5B. I see a Zacks Value score of F, a Zacks Growth score of B, and a Zacks Momentum score of D. Based in Dallas, TX, Copart was founded in 1982. The company provides online auction and a wide range of remarketing services to process and sell salvage and clean title vehicles. This is done mainly over the Internet, through its Virtual Bidding Third Generation (VB3) Internet auction-style sales technology. Sellers are primarily insurance companies, banks and financial institutions, charities, car dealerships, fleet operators, and vehicle rental companies. Buyers include licensed vehicle dismantlers, rebuilders, repair licensees, used vehicle dealers and exporters, along with the general public. Copart's services include online supplier access, salvage estimation services, end-of-life vehicle processing, virtual insured exchange, transportation services, vehicle inspection stations, on-demand reporting, DMV processing and flexible vehicle processing programs, among others. The company primarily has two revenue streams: service revenue and purchased vehicles. Copart derives service revenues from vehicle sales when it acts as an intermediary. In such cases, the firm doesn't take ownership of the vehicle. It makes money through fees when it is auctioned through its website. Purchased vehicles revenues come from sales when Copart has acquired the ownership of the vehicle and sells it at a higher price, pocketing the difference. In the United States, Canada, Brazil, the Republic of Ireland, Finland, the U.A.E., Oman, Bahrain, and Spain, Copart sells vehicles primarily as an agent and earns revenue from auction related sales transaction fees paid by vehicle suppliers and vehicle buyers, as well as the associated fees for services following the auction, such as towing and storage. In the United Kingdom, Spain and Germany, it operates both as an agent as well as on a principal basis. It also serves as an agent in the United Kingdom. In Germany and Spain, Copart also generates revenue from sales listing fees for listing vehicles on behalf of insurance companies. With operations at over 200 locations in 11 countries, Copart has more than 250,000 vehicles available online every day. (3) Lennar: This is a $120 U.S. stock found in the Home Builders industry. This company's stock has a market cap of $34.9B. I see a Zacks Value score of B, a Zacks Growth score of F, and a Zacks Momentum score of C. Founded in 1954 and based in Miami, FL, Lennar is engaged in homebuilding and financial services in the United States. The company's reportable segments consist of Homebuilding, Lennar Financial Services, Rialto and Lennar Multifamily. Despite the varied product portfolio, homebuilding remains Lennar's core business. Homebuilding operations (accounting for 94.9% of fiscal 2022 total revenues) include the sale and construction of single-family attached and detached homes as well as the purchase, development and sale of residential land directly and through unconsolidated entities. Lennar's reportable homebuilding segments consist of Homebuilding East, which covers Florida, Georgia, Maryland, New Jersey, North Carolina, South Carolina and Virginia; Homebuilding Central covers Arizona, Colorado and Texas; Homebuilding West covers California and Nevada. Homebuilding Other covers Illinois, Indiana, Minnesota, Oregon, Tennessee, Utah and Washington. However, Homebuilding Other is not considered a reportable segment. The Financial Services business (2.4%) includes mortgage financing, title insurance and closing services to the company's homebuyers as well as others through Lennar's financial services subsidiaries \u2014 Universal American Mortgage Company and Eagle Home Mortgage. Lennar Multi-Family (2.6%) is involved in the development, construction and property management of multi-family rental apartments in premium markets of California through unconsolidated entities. Lennar & Other (0.1%) includes operations primarily from the company's share of carried interests in Rialto fund investments, retained after the sale of Rialto's asset and investment management platform, along with equity in earnings/loss from Rialto fund investments and strategic technology investments, including other income (expense). Why Haven't You Looked at Zacks' Top Stocks? Since 2000, our top stock-picking strategies have blown away the S&P's +6.2 average gain per year. Amazingly, they soared with average gains of +46.4%, +49.5% and +55.2% per year. Today you can access their live picks without cost or obligation. See Stocks Free >> Media Contact Zacks Investment Research 800-767-3771 ext. 9339 support@zacks.com https://www.zacks.com Past performance is no guarantee of future results. Inherent in any investment is the potential for loss. This material is being provided for informational purposes only and nothing herein constitutes investment, legal, accounting or tax advice, or a recommendation to buy, sell or hold a security. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. It should not be assumed that any investments in securities, companies, sectors or markets identified and described were or will be profitable. All information is current as of the date of herein and is subject to change without notice. Any views or opinions expressed may not reflect those of the firm as a whole. Zacks Investment Research does not engage in investment banking, market making or asset management activities of any securities. These returns are from hypothetical portfolios consisting of stocks with Zacks Rank = 1 that were rebalanced monthly with zero transaction costs. These are not the returns of actual portfolios of stocks. The S&P 500 is an unmanaged index. Visit https://www.zacks.com/performance for information about the performance numbers displayed in this press release. 4 Oil Stocks with Massive Upsides Global demand for oil is through the roof... and oil producers are struggling to keep up. So even though oil prices are well off their recent highs, you can expect big profits from the companies that supply the world with \""black gold.\"" Zacks Investment Research has just released an urgent special report to help you bank on this trend. In Oil Market on Fire, you'll discover 4 unexpected oil and gas stocks positioned for big gains in the coming weeks and months. You don't want to miss these recommendations. Download your free report now to see them. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report JPMorgan Chase & Co. (JPM) : Free Stock Analysis Report Citigroup Inc. (C) : Free Stock Analysis Report Transdigm Group Incorporated (TDG) : Free Stock Analysis Report Lennar Corporation (LEN) : Free Stock Analysis Report Copart, Inc. (CPRT) : Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.""]"
CPRT,2023-07-12,45.47,45.545,44.66,45.33,
CPRT,2023-07-13,45.34,45.615,45.22,45.4,"[""3 High-Growth Stocks to Buy Amid Favorable Inflation Data Stocks have enjoyed buying pressure following better-than-expected inflation data, with Wednesday\u2019s CPI and today\u2019s PPI prints helping lift sentiment. As of now, the consensus remains for the Fed to hike another 25 basis points, but the historical tightening campaign is undoubtedly nearing its end. And for those interested in riding the trend, three high-growth stocks \u2013 Airbnb ABNB, Arista Networks ANET, and Copart CPRT \u2013 could all be solid considerations. Below is a chart illustrating the year-to-date performance of all three, with the S&P 500 blended in as a benchmark. Image Source: Zacks Investment Research As we can see, all three have been outperformers in 2023. In addition, all three sport a favorable Zacks Rank, indicating near-term optimism among analysts and providing the fuel needed to continue climbing. Let\u2019s take a closer look at each. Airbnb Airbnb\u2019s leading platform provides a marketplace for connecting hosts and guests online or through mobile devices to book spaces and experiences. The stock is a Zacks Rank #2 (Buy), with earnings expectations increasing across the board. Airbnb has consistently surprised the market in a big way, exceeding earnings expectations by an average of 55% across its last four quarters. Just in its latest release, the company reported $1.8 billion in sales, improving 20% year-over-year thanks to continued strength in travel demand. Impressively, the company booked more than 121 million nights and experiences throughout the mentioned quarter, improving nearly 20% from the year-ago quarter. As we can see below, Airbnb\u2019s revenue growth has been rock-solid. Image Source: Zacks Investment Research And analysts expect the growth to continue, with estimates calling for 26% earnings growth in its current fiscal year (FY23) on 13% higher revenues. The stock sports a Style Score of \u201cA\u201d for Growth. Image Source: Zacks Investment Research Keep an eye out for ABNB\u2019s upcoming quarterly release expected on August 1st; the Zacks Consensus EPS Estimate of $0.78 suggests a 40% improvement in earnings year-over-year. The quarterly estimate has been revised modestly higher over the last 60 days. Arista Networks Arista Networks, a current Zacks Rank #2 (Buy), provides cloud networking solutions for data centers and cloud computing environments. The company utilizes a software-driven, data-centric approach to help customers build their cloud architecture and enhance their cloud footprint. The revisions trend has been particularly noteworthy for the company\u2019s current fiscal year, with the $5.87 per share estimate up nearly 40% since July of last year. Image Source: Zacks Investment Research Valuation levels are elevated, with the current 27.9X forward earnings multiple sitting on the higher end of the spectrum. Still, on a relative basis, the value is well beneath the 32.9X five-year median. Investors have had little issue forking up the premium, with ANET shares up more than 30% on a year-to-date basis. Image Source: Zacks Investment Research And to top it off, Arista Networks is forecasted to grow at a solid pace, with estimates calling for nearly 30% earnings growth in its current fiscal year (FY23) on 26% higher revenues. Looking ahead, estimates suggest a further 10% earnings growth paired with a 9% sales bump in FY24. Copart Copart, a Zacks Rank #1 (Strong Buy), provides online auctions and a wide range of remarketing services to process and sell salvage and clean title vehicles. Analysts have raised their earnings expectations across all timeframes. Image Source: Zacks Investment Research In addition, the company remains in a favorable financial standing, with reported cash and equivalents of $2.1 billion in its latest quarter growing 25% from the year-ago period. The company carries a small debt load, sporting a cash ratio of 4.2. Image Source: Zacks Investment Research As we can see below, CPRT shares have closely followed and respected their 50-day moving average. A pullback to this level could be a solid opportunity for investors, as buyers have consistently stepped up at the spot. Image Source: Zacks Investment Research Bottom Line With favorable inflation data helping buoy the market as of late, high-growth stocks have been solid beneficiaries. While their valuation levels may appear steep, investors have had little issue forking up the premium given the impressive growth rates. And all three above \u2013 Airbnb ABNB, Arista Networks ANET, and Copart CPRT \u2013 could be considerations for those with a growth-focused mindset. All three sport a favorable Zacks Rank, indicating near-term optimism among analysts. Just Released: Zacks Top 10 Stocks for 2023 In addition to the investment ideas discussed above, would you like to know about our 10 top picks for 2023? From inception in 2012 through November, the Zacks Top 10 Stocks portfolio has tripled the market, gaining an impressive +884.5% versus the S&P 500\u2019s +287.4%. Our Director of Research has now combed through 4,000 companies covered by the Zacks Rank and handpicked the best 10 tickers to buy and hold in 2023. Don\u2019t miss your chance to still be among the first to get in on these just-released stocks. See New Top 10 Stocks >> Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Copart, Inc. (CPRT) : Free Stock Analysis Report Arista Networks, Inc. (ANET) : Free Stock Analysis Report Airbnb, Inc. (ABNB) : Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""If You Invested $1000 in Copart, Inc. a Decade Ago, This is How Much It'd Be Worth Now For most investors, how much a stock's price changes over time is important. This factor can impact your investment portfolio as well as help you compare investment results across sectors and industries. FOMO, or the fear of missing out, also plays a role in investing, particularly with tech giants and popular consumer-facing stocks. What if you'd invested in Copart, Inc. (CPRT) ten years ago? It may not have been easy to hold on to CPRT for all that time, but if you did, how much would your investment be worth today? Copart, Inc.'s Business In-Depth With that in mind, let's take a look at Copart, Inc.'s main business drivers. Based in Dallas, TX, Copart, Inc. was founded in 1982. The company provides online auction and a wide range of remarketing services to process and sell salvage and clean title vehicles. This is done mainly over the Internet, through its Virtual Bidding Third Generation (VB3) Internet auction-style sales technology. Sellers are primarily insurance companies, banks and financial institutions, charities, car dealerships, fleet operators, and vehicle rental companies. Buyers include licensed vehicle dismantlers, rebuilders, repair licensees, used vehicle dealers and exporters, along with the general public. Copart\u2019s services include online supplier access, salvage estimation services, end-of-life vehicle processing, virtual insured exchange, transportation services, vehicle inspection stations, on-demand reporting, DMV processing and flexible vehicle processing programs, among others. The company primarily has two revenue streams: service revenue and purchased vehicles. Copart derives service revenues from vehicle sales when it acts as an intermediary. In such cases, the firm doesn't take ownership of the vehicle. It makes money through fees when it is auctioned through its website. Purchased vehicles revenues come from sales when Copart has acquired the ownership of the vehicle and sells it at a higher price, pocketing the difference. In the United States, Canada, Brazil, the Republic of Ireland, Finland, the U.A.E., Oman, Bahrain, and Spain, Copart sells vehicles primarily as an agent and earns revenue from auction related sales transaction fees paid by vehicle suppliers and vehicle buyers, as well as the associated fees for services following the auction, such as towing and storage. In the United Kingdom, Spain and Germany, it operates both as an agent as well as on a principal basis. It also serves as an agent in the United Kingdom. In Germany and Spain, Copart also generates revenue from sales listing fees for listing vehicles on behalf of insurance companies. With operations at over 200 locations in 11 countries, Copart has more than 250,000 vehicles available online every day. The company currently operates in the United States, Canada, the United Kingdom, Brazil, the Republic of Ireland, Germany, Finland, the United Arab Emirates, Oman and Bahrain, and Spain. Bottom Line Anyone can invest, but building a successful investment portfolio requires research, patience, and a little bit of risk. So, if you had invested in Copart, Inc. ten years ago, you're likely feeling pretty good about your investment today. A $1000 investment made in July 2013 would be worth $11,196.05, or a 1,019.60% gain, as of July 13, 2023, according to our calculations. Investors should note that this return excludes dividends but includes price increases. The S&P 500 rose 166.17% and the price of gold increased 46.52% over the same time frame in comparison. Analysts are anticipating more upside for CPRT. Copart enjoys a leadership position in the automotive auction market, commanding roughly 40% of the market share. The company\u2019s competitiveness is supported by its multiple locations and size of its new facilities openings. Expansion initiatives along with digital ramp up will aid Copart in a fast pickup across the country. Launch of Copart Max has further stepped up its digital game. Salvage auction volumes are likely to remain elevated amid increase in vehicle miles travelled and higher collision frequency. Additionally, aging vehicles and technologically-advanced auto parts are also proving to be a boon for the industry participants. Strong balance sheet with low leverage and high liquidity provides the firm with financial flexibility. These tailwinds account for our bullish stance on the stock. The stock has jumped 5% over the past four weeks. Additionally, no earnings estimate has gone lower in the past two months, compared to 5 higher, for fiscal 2023; the consensus estimate has moved up as well. Just Released: Zacks Top 10 Stocks for 2023 In addition to the investment ideas discussed above, would you like to know about our 10 top picks for 2023? From inception in 2012 through November, the Zacks Top 10 Stocks portfolio has tripled the market, gaining an impressive +884.5% versus the S&P 500\u2019s +287.4%. Our Director of Research has now combed through 4,000 companies covered by the Zacks Rank and handpicked the best 10 tickers to buy and hold in 2023. Don\u2019t miss your chance to still be among the first to get in on these just-released stocks. See New Top 10 Stocks >> Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Copart, Inc. (CPRT) : Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.""]"
CPRT,2023-07-14,45.455,46.84,45.4,46.82,"[""S&P 500 Reclaims 4,500 Level: 5 Best Stocks in ETF The S&P 500 Index reached 4,500 for the first time in more than 15 months as bulls continued to roar. A cooler-than-expected inflation report revived hopes that the Fed is nearing the end of its interest rate increases. Additionally, favorable macroeconomic developments and optimism about the transformational power of artificial intelligence (AI) are driving market optimism. SPDR S&P 500 ETF Trust SPY, the proxy version of the S&P 500 Index, has risen 17.5% so far this year. We have highlighted five stocks from different sectors that have gained more than 50% this year and have a Zacks Rank #1 (Strong Buy) or #2 (Buy). These companies have also witnessed positive estimate revisions for the current fiscal year. These are Nvidia NVDA, Carnival Corporation CCL, PulteGroup Inc. PHM, West Pharmaceutical Services Inc. WST and Copart, Inc. CPRT. Technology remained the major outperformer, followed by the cyclical sectors. Inflation in the United States cooled down for the 12th consecutive month in June. The Consumer Price Index rose 3% year over year, marking the lowest rate since early 2021, and 0.2% over the last month. Although inflation has dropped from a peak of 9.1%, it is still significantly above the Federal Reserve's 2% target (read: 5 ETFs to Gain as Inflation Drops to a 2-Year Low). Easing inflation indicates that the economy is stabilizing and interest rates may be declining. This could boost investor confidence and encourage more investments in the stock market. Lower inflation often leads to lower interest rates, which can reduce borrowing costs for companies, potentially leading to higher profits and, in turn, higher stock prices. Economic activity continued to expand at a modest pace, with robust job gains and a low unemployment rate and moderated inflation. Consumer confidence unexpectedly jumped to an 18-month high in June amid lingering fears of a recession. The U.S. housing sector has also shown immense improvement, with homebuilder confidence reaching its highest level in almost a year. Despite the fact that the Federal Reserve has raised rates this year, interest rates have largely remained low. Let\u2019s take a closer look at the fundamentals of SPY. SPY in Focus SPDR S&P 500 ETF Trust holds 503 stocks in its basket, with each accounting for no more than 7.5% of the assets. This suggests a nice balance across each security and prevents heavy concentration. The fund is widely spread across sectors with information technology, healthcare, financials and consumer discretionary accounting for a double-digit allocation each. SPDR S&P 500 ETF Trust has AUM of $421 billion and charges 9 bps in fees per year. The product trades in a heavy volume of around 79 million shares a day on average, ensuring higher liquidity with a tight bid/ask spread, leading to lower trading costs for investors. SPY has a Zacks ETF Rank #3 (Hold) with a Medium risk outlook (see: all the Large Cap Blend ETFs here). Below we have highlighted the abovementioned five best-performing stocks in the ETF. Best-Performing Stocks of SPY Nvidia is the worldwide leader in visual computing technologies and the inventor of graphic processing unit or GPU. The stock has jumped 214.6% so far this year. It saw a positive earnings estimate revision of 4 cents over the past 90 days for the fiscal year ending January 2024, with an estimated growth of 129.9%. Nvidia makes up for 3.02% of the assets in SPY and has a Zacks Rank #1. You can see the complete list of today\u2019s Zacks #1 Rank stocks here. Carnival operates as a cruise and vacation company. As a single economic entity, Carnival Corporation & Carnival plc forms the largest cruise operator in the world. Carnival is the world\u2019s leading leisure travel firm and carries nearly half of the global cruise guests. The stock has surged 120% so far this year and accounts for 0.05% of the total assets. Carnival saw its earnings estimate being revised upward from a loss of 31 cents to a loss of 16 cents for the fiscal year ending November 2023. It has an expected earnings growth rate of 96.6% and a Zacks Rank #1. PulteGroup is engaged in homebuilding and financial services businesses, primarily in the United States. The stock makes up 0.05% of the assets in the SPY portfolio. PulteGroup saw a solid earnings estimate revision of 9 cents over the past 30 days for this year and carries a Zacks Rank #1 (read: 7 ETF Areas to Gain from a Rebounding Housing Market). West Pharmaceutical is a leading global manufacturer with respect to the design and production of technologically advanced, high-quality, integrated containment and delivery systems for injectable drugs and healthcare products. The stock has rallied 63% this year so far and makes up for 0.07% of the SPY portfolio. West Pharmaceutical saw a positive earnings estimate revision of a penny over the past 30 days for this year and has a Zacks Rank #2 (Buy). Copart provides online auctions and a wide range of remarketing services to process and sell salvage and clean title vehicles. The stock has gained 49% and accounts for a 0.1% share in the SPY portfolio. Copart saw a positive earnings estimate revision of 3 cents over the past 90 days for the fiscal year ending July 2023, with an estimated growth of 10.3%. It has a Zacks Rank #1. Zacks Names \""Single Best Pick to Double\"" From thousands of stocks, 5 Zacks experts each have chosen their favorite to skyrocket +100% or more in months to come. From those 5, Director of Research Sheraz Mian hand-picks one to have the most explosive upside of all. It\u2019s a little-known chemical company that\u2019s up 65% over last year, yet still dirt cheap. With unrelenting demand, soaring 2022 earnings estimates, and $1.5 billion for repurchasing shares, retail investors could jump in at any time. This company could rival or surpass other recent Zacks\u2019 Stocks Set to Double like Boston Beer Company which shot up +143.0% in little more than 9 months and NVIDIA which boomed +175.9% in one year. Free: See Our Top Stock and 4 Runners Up >> Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Carnival Corporation (CCL) : Free Stock Analysis Report NVIDIA Corporation (NVDA) : Free Stock Analysis Report PulteGroup, Inc. (PHM) : Free Stock Analysis Report Copart, Inc. (CPRT) : Free Stock Analysis Report SPDR S&P 500 ETF (SPY): ETF Research Reports West Pharmaceutical Services, Inc. (WST) : Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Is Amadeus IT Group (AMADY) Stock Outpacing Its Business Services Peers This Year? Investors interested in Business Services stocks should always be looking to find the best-performing companies in the group. Has Amadeus IT Group SA Unsponsored ADR (AMADY) been one of those stocks this year? A quick glance at the company's year-to-date performance in comparison to the rest of the Business Services sector should help us answer this question. Amadeus IT Group SA Unsponsored ADR is a member of our Business Services group, which includes 330 different companies and currently sits at #10 in the Zacks Sector Rank. The Zacks Sector Rank considers 16 different sector groups. The average Zacks Rank of the individual stocks within the groups is measured, and the sectors are listed from best to worst. The Zacks Rank is a successful stock-picking model that emphasizes earnings estimates and estimate revisions. The system highlights a number of different stocks that could be poised to outperform the broader market over the next one to three months. Amadeus IT Group SA Unsponsored ADR is currently sporting a Zacks Rank of #1 (Strong Buy). Over the past three months, the Zacks Consensus Estimate for AMADY's full-year earnings has moved 5.3% higher. This signals that analyst sentiment is improving and the stock's earnings outlook is more positive. Our latest available data shows that AMADY has returned about 45.5% since the start of the calendar year. Meanwhile, stocks in the Business Services group have gained about 13.2% on average. This means that Amadeus IT Group SA Unsponsored ADR is performing better than its sector in terms of year-to-date returns. One other Business Services stock that has outperformed the sector so far this year is Copart, Inc. (CPRT). The stock is up 49.1% year-to-date. For Copart, Inc. the consensus EPS estimate for the current year has increased 5.4% over the past three months. The stock currently has a Zacks Rank #1 (Strong Buy). Looking more specifically, Amadeus IT Group SA Unsponsored ADR belongs to the Technology Services industry, which includes 187 individual stocks and currently sits at #112 in the Zacks Industry Rank. On average, this group has gained an average of 24.7% so far this year, meaning that AMADY is performing better in terms of year-to-date returns. Copart, Inc. however, belongs to the Auction and Valuation Services industry. Currently, this 2-stock industry is ranked #1. The industry has moved +49.9% so far this year. Going forward, investors interested in Business Services stocks should continue to pay close attention to Amadeus IT Group SA Unsponsored ADR and Copart, Inc. as they could maintain their solid performance. Zacks Names \""Single Best Pick to Double\"" From thousands of stocks, 5 Zacks experts each have chosen their favorite to skyrocket +100% or more in months to come. From those 5, Director of Research Sheraz Mian hand-picks one to have the most explosive upside of all. It\u2019s a little-known chemical company that\u2019s up 65% over last year, yet still dirt cheap. With unrelenting demand, soaring 2022 earnings estimates, and $1.5 billion for repurchasing shares, retail investors could jump in at any time. This company could rival or surpass other recent Zacks\u2019 Stocks Set to Double like Boston Beer Company which shot up +143.0% in little more than 9 months and NVIDIA which boomed +175.9% in one year. Free: See Our Top Stock and 4 Runners Up >> Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Amadeus IT Group SA Unsponsored ADR (AMADY) : Free Stock Analysis Report Copart, Inc. (CPRT) : Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.""]"
CPRT,2023-07-17,46.785,47.385,46.7675,46.87,"[""Copart, Inc. (CPRT) Gains But Lags Market: What You Should Know Copart, Inc. (CPRT) closed the most recent trading day at $93.74, moving +0.11% from the previous trading session. This move lagged the S&P 500's daily gain of 0.39%. Prior to today's trading, shares of the company had gained 7.29% over the past month. This has outpaced the Business Services sector's gain of 3.29% and the S&P 500's gain of 3.16% in that time. Investors will be hoping for strength from Copart, Inc. as it approaches its next earnings release. In that report, analysts expect Copart, Inc. to post earnings of $0.61 per share. This would mark year-over-year growth of 7.02%. Meanwhile, our latest consensus estimate is calling for revenue of $950.04 million, up 7.55% from the prior-year quarter. For the full year, our Zacks Consensus Estimates are projecting earnings of $2.46 per share and revenue of $3.82 billion, which would represent changes of +10.31% and +9.17%, respectively, from the prior year. Any recent changes to analyst estimates for Copart, Inc. should also be noted by investors. These recent revisions tend to reflect the evolving nature of short-term business trends. As a result, we can interpret positive estimate revisions as a good sign for the company's business outlook. Based on our research, we believe these estimate revisions are directly related to near-team stock moves. To benefit from this, we have developed the Zacks Rank, a proprietary model which takes these estimate changes into account and provides an actionable rating system. Ranging from #1 (Strong Buy) to #5 (Strong Sell), the Zacks Rank system has a proven, outside-audited track record of outperformance, with #1 stocks returning an average of +25% annually since 1988. The Zacks Consensus EPS estimate has moved 1.48% higher within the past month. Copart, Inc. currently has a Zacks Rank of #1 (Strong Buy). Digging into valuation, Copart, Inc. currently has a Forward P/E ratio of 38.03. Its industry sports an average Forward P/E of 38.03, so we one might conclude that Copart, Inc. is trading at a no noticeable deviation comparatively. The Auction and Valuation Services industry is part of the Business Services sector. This group has a Zacks Industry Rank of 1, putting it in the top 1% of all 250+ industries. The Zacks Industry Rank gauges the strength of our industry groups by measuring the average Zacks Rank of the individual stocks within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1. Be sure to follow all of these stock-moving metrics, and many more, on Zacks.com. 5 Stocks Set to Double Each was handpicked by a Zacks expert as the #1 favorite stock to gain +100% or more in 2023. Previous recommendations have soared +143.0%, +175.9%, +498.3% and +673.0%. Most of the stocks in this report are flying under Wall Street radar, which provides a great opportunity to get in on the ground floor. Today, See These 5 Potential Home Runs >> Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Copart, Inc. (CPRT) : Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""The Zacks Analyst Blog Highlights SPDR S&P 500 ETF Trust, Nvidia, Carnival, PulteGroup and Copart For Immediate Release Chicago, IL \u2013 July 17, 2023 \u2013 Zacks.com announces the list of stocks featured in the Analyst Blog. Every day the Zacks Equity Research analysts discuss the latest news and events impacting stocks and the financial markets. Stocks recently featured in the blog include: SPDR S&P 500 ETF Trust SPY, Nvidia NVDA, Carnival Corp. CCL, PulteGroup Inc. PHM and Copart, Inc. CPRT. Here are highlights from Friday\u2019s Analyst Blog: The S&P 500 Index reached 4,500 for the first time in more than 15 months as bulls continued to roar. A cooler-than-expected inflation report revived hopes that the Fed is nearing the end of its interest rate increases. Additionally, favorable macroeconomic developments and optimism about the transformational power of artificial intelligence (AI) are driving market optimism. SPDR S&P 500 ETF Trust, the proxy version of the S&P 500 Index, has risen 17.5% so far this year. We have highlighted four stocks from different sectors that have gained more than 50% this year and have a Zacks Rank #1 (Strong Buy) or #2 (Buy). These companies have also witnessed positive estimate revisions for the current fiscal year. These are Nvidia, Carnival Corp., PulteGroup Inc. and Copart, Inc. Technology remained the major outperformer, followed by the cyclical sectors. Inflation in the United States cooled down for the 12th consecutive month in June. The Consumer Price Index rose 3% year over year, marking the lowest rate since early 2021, and 0.2% over the last month. Although inflation has dropped from a peak of 9.1%, it is still significantly above the Federal Reserve's 2% target (read: 5 ETFs to Gain as Inflation Drops to a 2-Year Low). Easing inflation indicates that the economy is stabilizing and interest rates may be declining. This could boost investor confidence and encourage more investments in the stock market. Lower inflation often leads to lower interest rates, which can reduce borrowing costs for companies, potentially leading to higher profits and, in turn, higher stock prices. Economic activity continued to expand at a modest pace, with robust job gains and a low unemployment rate and moderated inflation. Consumer confidence unexpectedly jumped to an 18-month high in June amid lingering fears of a recession. The U.S. housing sector has also shown immense improvement, with homebuilder confidence reaching its highest level in almost a year. Despite the fact that the Federal Reserve has raised rates this year, interest rates have largely remained low. Let\u2019s take a closer look at the fundamentals of SPY. SPY in Focus SPDR S&P 500 ETF Trust holds 503 stocks in its basket, with each accounting for no more than 7.5% of the assets. This suggests a nice balance across each security and prevents heavy concentration. The fund is widely spread across sectors with information technology, healthcare, financials and consumer discretionary accounting for a double-digit allocation each. SPDR S&P 500 ETF Trust has AUM of $421 billion and charges 9 bps in fees per year. The product trades in a heavy volume of around 79 million shares a day on average, ensuring higher liquidity with a tight bid/ask spread, leading to lower trading costs for investors. SPY has a Zacks ETF Rank #3 (Hold) with a Medium risk outlook (see: all the Large Cap Blend ETFs here). Below we have highlighted the above-mentioned five best-performing stocks in the ETF. Best-Performing Stocks of SPY Nvidia is the worldwide leader in visual computing technologies and the inventor of graphic processing unit or GPU. The stock has jumped 214.6% so far this year. It saw a positive earnings estimate revision of 4 cents over the past 90 days for the fiscal year ending January 2024, with an estimated growth of 129.9%. Nvidia makes up for 3.02% of the assets in SPY and has a Zacks Rank #1. You can see the complete list of today\u2019s Zacks #1 Rank stocks here. Carnival operates as a cruise and vacation company. As a single economic entity, Carnival Corporation & Carnival plc forms the largest cruise operator in the world. Carnival is the world\u2019s leading leisure travel firm and carries nearly half of the global cruise guests. The stock has surged 120% so far this year and accounts for 0.05% of the total assets. Carnival saw its earnings estimate being revised upward from a loss of 31 cents to a loss of 16 cents for the fiscal year ending November 2023. It has an expected earnings growth rate of 96.6% and a Zacks Rank #1. PulteGroup is engaged in homebuilding and financial services businesses, primarily in the United States. The stock makes up 0.05% of the assets in the SPY portfolio. PulteGroup saw a solid earnings estimate revision of 9 cents over the past 30 days for this year and carries a Zacks Rank #1 (read: 7 ETF Areas to Gain from a Rebounding Housing Market). Copart provides online auctions and a wide range of remarketing services to process and sell salvage and clean title vehicles. The stock has gained 49% and accounts for a 0.1% share in the SPY portfolio. Copart saw a positive earnings estimate revision of 3 cents over the past 90 days for the fiscal year ending July 2023, with an estimated growth of 10.3%. It has a Zacks Rank #1. Want key ETF info delivered straight to your inbox? Zacks\u2019 free Fund Newsletter will brief you on top news and analysis, as well as top-performing ETFs, each week. Get it free >> Media Contact Zacks Investment Research 800-767-3771 ext. 9339 support@zacks.com https://www.zacks.com Past performance is no guarantee of future results. Inherent in any investment is the potential for loss. This material is being provided for informational purposes only and nothing herein constitutes investment, legal, accounting or tax advice, or a recommendation to buy, sell or hold a security. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. It should not be assumed that any investments in securities, companies, sectors or markets identified and described were or will be profitable. All information is current as of the date of herein and is subject to change without notice. Any views or opinions expressed may not reflect those of the firm as a whole. Zacks Investment Research does not engage in investment banking, market making or asset management activities of any securities. These returns are from hypothetical portfolios consisting of stocks with Zacks Rank = 1 that were rebalanced monthly with zero transaction costs. These are not the returns of actual portfolios of stocks. The S&P 500 is an unmanaged index. Visit https://www.zacks.com/performance for information about the performance numbers displayed in this press release. 5 Stocks Set to Double Each was handpicked by a Zacks expert as the #1 favorite stock to gain +100% or more in 2023. Previous recommendations have soared +143.0%, +175.9%, +498.3% and +673.0%. Most of the stocks in this report are flying under Wall Street radar, which provides a great opportunity to get in on the ground floor. Today, See These 5 Potential Home Runs >> Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Carnival Corporation (CCL) : Free Stock Analysis Report NVIDIA Corporation (NVDA) : Free Stock Analysis Report PulteGroup, Inc. (PHM) : Free Stock Analysis Report Copart, Inc. (CPRT) : Free Stock Analysis Report SPDR S&P 500 ETF (SPY): ETF Research Reports To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.""]"
CPRT,2023-07-18,46.72,47.175,46.48,46.755,
CPRT,2023-07-19,46.49,46.73,46.005,46.1,
CPRT,2023-07-20,46.005,46.165,45.45,45.605,
CPRT,2023-07-21,45.805,46.085,45.5425,45.57,"Jacobs (J) Allies With USNC to Develop New MMR Energy System Jacobs Solutions Inc. J is set to act as a leading subcontractor to support the design and development of a new micro modular power reactor (MMR), provided by Ultra Safe Nuclear Corporation U.K. (USNC). The U.K. Department for Energy Security and Net Zero awarded a grant of up to $29 million for the development of the new MMR energy system. Jacobs’ collaboration with USNC will ensure the construction of a U.K. demonstrator of the high-temperature gas-cooled reactor by the early 2030s, under the match funding by USNC. Jacobs will be supporting the front-end engineering design program for the demonstrator project that includes reactor analysis, refueling system, primary and secondary systems, safety systems, associated testing facilities, safety cases and other related overall system procedures, required for the delivery of the demonstrator model. The new MMR energy system fulfils the highest safety standards and emits zero carbon during operations as it uses encapsulated TRi-structural ISOtropic particle fuel and is cooled by helium. Also, it is designed to support the transition from fossil fuels. Image Source: Zacks Investment Research Shares of Jacobs inched up 0.7% on Jul 20, during the trading session. Also, the stock has increased 5.7% in the past month, compared with the Zacks Technology Services industry’s 3.7% growth. Strong Backlog Growth Jacobs has been experiencing increased demand for consulting services in various sectors, including infrastructure, water, environment, space, broadband, cybersecurity and life sciences. The company's strong performance in recent quarters can be attributed to efficient project execution and the ongoing contract wins bear testimony to the fact. This is reflected in its solid backlog, which was $29 billion at the end of the second quarter of fiscal 2023, representing a 4% increase compared to the prior year. Of the aforementioned backlog value, Critical Mission Solutions segment accounted for $8.14 billion, which provided strong visibility into the base business. People & Places Solutions accounted for $17.6 billion, driven by strong legislative drivers spending in federal, state and local initiatives. Although foreign exchange risks, high costs and expenses are major concerns, Jacobs expects to benefit from strong global trends in infrastructure modernization, energy transition, national security and a potential super-cycle in global supply-chain investments in the upcoming period. This will help the company maintain positive momentum in the near term. Zacks Rank & Key Picks Jacobs currently carries a Zacks Rank #4 (Sell). Some better-ranked stocks from the Zacks Business Services sector are Copart, Inc. CPRT, Maximus, Inc. MMS and SPX Technologies, Inc. SPXC. Copart currently sports a Zacks Rank #1 (Strong Buy). You can see the complete list of today’s Zacks #1 Rank stocks here. CPRT delivered a four-quarter average earnings surprise of 5.6%. The company’s shares have risen 49.6% in the past year. The Zacks Consensus Estimate for CPRT’s fiscal 2023 sales and earnings per share (EPS) indicates growth of 9.2% and 10.3%, respectively, from the prior-year reported figures. Maximus currently sports a Zacks Rank of 1. MMS has a four-quarter average earnings surprise of 9.6%. The stock has risen 35% in the past year. The Zacks Consensus Estimate for MMS’s fiscal 2023 sales and EPS indicates growth of 7.7% and 1.1%, respectively, from the prior-year reported figures. SPX Technologies currently carries a Zacks Rank #2 (Buy). SPXC has a trailing four-quarter earnings surprise of 28.4%, on average. Shares of the company have gained 43.6% in the past year. The Zacks Consensus Estimate for SPXC’s 2023 sales and EPS indicates growth of 17% and 28.7%, respectively, from the year-ago reported levels. Zacks Names ""Single Best Pick to Double"" From thousands of stocks, 5 Zacks experts each have chosen their favorite to skyrocket +100% or more in months to come. From those 5, Director of Research Sheraz Mian hand-picks one to have the most explosive upside of all. It’s a little-known chemical company that’s up 65% over last year, yet still dirt cheap. With unrelenting demand, soaring 2022 earnings estimates, and $1.5 billion for repurchasing shares, retail investors could jump in at any time. This company could rival or surpass other recent Zacks’ Stocks Set to Double like Boston Beer Company which shot up +143.0% in little more than 9 months and NVIDIA which boomed +175.9% in one year. Free: See Our Top Stock and 4 Runners Up >> Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Copart, Inc. (CPRT) : Free Stock Analysis Report Maximus, Inc. (MMS) : Free Stock Analysis Report SPX Technologies, Inc. (SPXC) : Free Stock Analysis Report Jacobs Solutions Inc. (J) : Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
CPRT,2023-07-24,45.52,45.605,44.61,44.825,"Copart, Inc. (CPRT) Stock Sinks As Market Gains: What You Should Know Copart, Inc. (CPRT) closed the most recent trading day at $89.65, moving -1.63% from the previous trading session. This change lagged the S&P 500's daily gain of 0.4%. At the same time, the Dow added 0.52%, and the tech-heavy Nasdaq gained 10.86%. Coming into today, shares of the company had gained 2.19% in the past month. In that same time, the Business Services sector gained 2.98%, while the S&P 500 gained 3.98%. Investors will be hoping for strength from Copart, Inc. as it approaches its next earnings release. On that day, Copart, Inc. is projected to report earnings of $0.61 per share, which would represent year-over-year growth of 7.02%. Our most recent consensus estimate is calling for quarterly revenue of $950.04 million, up 7.55% from the year-ago period. CPRT's full-year Zacks Consensus Estimates are calling for earnings of $2.46 per share and revenue of $3.82 billion. These results would represent year-over-year changes of +10.31% and +9.17%, respectively. Any recent changes to analyst estimates for Copart, Inc. should also be noted by investors. These recent revisions tend to reflect the evolving nature of short-term business trends. With this in mind, we can consider positive estimate revisions a sign of optimism about the company's business outlook. Our research shows that these estimate changes are directly correlated with near-term stock prices. Investors can capitalize on this by using the Zacks Rank. This model considers these estimate changes and provides a simple, actionable rating system. The Zacks Rank system ranges from #1 (Strong Buy) to #5 (Strong Sell). It has a remarkable, outside-audited track record of success, with #1 stocks delivering an average annual return of +25% since 1988. Over the past month, the Zacks Consensus EPS estimate has moved 1.4% higher. Copart, Inc. currently has a Zacks Rank of #1 (Strong Buy). In terms of valuation, Copart, Inc. is currently trading at a Forward P/E ratio of 37.02. Its industry sports an average Forward P/E of 37.02, so we one might conclude that Copart, Inc. is trading at a no noticeable deviation comparatively. The Auction and Valuation Services industry is part of the Business Services sector. This industry currently has a Zacks Industry Rank of 1, which puts it in the top 1% of all 250+ industries. The Zacks Industry Rank gauges the strength of our industry groups by measuring the average Zacks Rank of the individual stocks within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1. You can find more information on all of these metrics, and much more, on Zacks.com. 4 Oil Stocks with Massive Upsides Global demand for oil is through the roof... and oil producers are struggling to keep up. So even though oil prices are well off their recent highs, you can expect big profits from the companies that supply the world with ""black gold."" Zacks Investment Research has just released an urgent special report to help you bank on this trend. In Oil Market on Fire, you'll discover 4 unexpected oil and gas stocks positioned for big gains in the coming weeks and months. You don't want to miss these recommendations. Download your free report now to see them. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Copart, Inc. (CPRT) : Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
CPRT,2023-07-25,44.625,45.115,44.61,45.085,"CPRT Quantitative Stock Analysis - Peter Lynch Below is Validea's guru fundamental report for COPART, INC. (CPRT). Of the 22 guru strategies we follow, CPRT rates highest using our P/E/Growth Investor model based on the published strategy of Peter Lynch. This strategy looks for stocks trading at a reasonable price relative to earnings growth that also possess strong balance sheets. COPART, INC. (CPRT) is a large-cap growth stock in the Business Services industry. The rating using this strategy is 87% based on the firm’s underlying fundamentals and the stock’s valuation. A score of 80% or above typically indicates that the strategy has some interest in the stock and a score above 90% typically indicates strong interest. The following table summarizes whether the stock meets each of this strategy's tests. Not all criteria in the below table receive equal weighting or are independent, but the table provides a brief overview of the strong and weak points of the security in the context of the strategy's criteria. P/E/GROWTH RATIO: PASS SALES AND P/E RATIO: PASS EPS GROWTH RATE: PASS TOTAL DEBT/EQUITY RATIO: PASS FREE CASH FLOW: NEUTRAL NET CASH POSITION: NEUTRAL Detailed Analysis of COPART, INC. CPRT Guru Analysis CPRT Fundamental Analysis More Information on Peter Lynch Peter Lynch Portfolio Top Peter Lynch Stocks About Peter Lynch: Perhaps the greatest mutual fund manager of all-time, Lynch guided Fidelity Investment's Magellan Fund to a 29.2 percent average annual return from 1977 until his retirement in 1990, almost doubling the S&P 500's 15.8 percent yearly return over that time. Lynch's common sense approach and quick wit made him one of the most quoted investors on Wall Street. (""Go for a business that any idiot can run -- because sooner or later, any idiot probably is going to run it,"" is one of his many pearls of wisdom.) Lynch's bestseller One Up on Wall Street is something of a ""stocks for the everyman/everywoman"", breaking his approach down into easy-to-understand concepts. Additional Research Links Top NASDAQ 100 Stocks Factor-Based ETF Portfolios Harry Browne Permanent Portfolio Ray Dalio All Weather Portfolio High Shareholder Yield Stocks Financial Planning Podcast About Validea: Validea is aninvestment researchservice that follows the published strategies of investment legends. Validea offers both stock analysis and model portfolios based on gurus who have outperformed the market over the long-term, including Warren Buffett, Benjamin Graham, Peter Lynch and Martin Zweig. For more information about Validea, click here The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
CPRT,2023-07-26,45.0,45.11,44.53,44.79,
CPRT,2023-07-27,45.03,45.155,44.045,44.2,
CPRT,2023-07-28,44.5,44.69,44.135,44.305,
CPRT,2023-07-31,44.32,44.4375,43.89,44.195,"[""Bull of the Day: Copart, Inc. (CPRT) Copart CPRT, a Zacks Rank #1 (Strong Buy), enjoys a dominant leadership position in the automotive auction market, commanding a roughly 40% market share. A set of bullish initiatives including new facility openings, elevated salvage auction volumes, and an industry-leading digital offering in Copart Max have helped the stock resume its long-term upward trajectory. CPRT stock hit an all-time high earlier this month as stocks have entered a new bull market. Shares continue to display relative strength as buying pressure accumulates in this market leader. CPRT sports the second-highest Zacks Growth Style Score of \u2018B\u2019, indicating further upside is likely based on favorable earnings and sales growth metrics. The company is part of the Zacks Auction and Valuation Services industry group, which ranks in the top 1% out of more than 250 Zacks Ranked Industries. It\u2019s not a coincidence that this group has been steadily outperforming this year: Image Source: Zacks Investment Research Historical research studies suggest that approximately half of a stock\u2019s price appreciation is due to its industry grouping. In fact, the top 50% of Zacks Ranked Industries outperforms the bottom 50% by a factor of more than 2 to 1. It\u2019s no secret that investing in stocks that are part of leading industry groups can give us a leg up relative to the market. By focusing on leading stocks within the top 50% of Zacks Ranked Industries, we can dramatically improve our stock-picking success. Company Description Copart is a global provider of online auctions and vehicle remarketing services. The company enables the processing and selling of vehicles over the internet through its virtual bidding, auction-style sales technology to vehicle sellers, insurance companies, banks, charities, dealers, and vehicle rental companies. Copart\u2019s range of services includes online seller access, salvage estimation, end-of-life vehicle processing, transportation, vehicle inspection, title processing and procurement, flexible payment options, and dealer programs. The company also enables the selling of vehicles through CashForCars.com; Copart Recycling service, which allows the public to purchase parts from salvaged vehicles; and Copart 360, an online technology platform for posting vehicle images. Copart sells its products to licensed vehicle dismantlers, rebuilders, repair licensees, used vehicle dealers, as well as to the public. Earnings Trends and Future Estimates CPRT has built up an impressive earnings history, surpassing earnings estimates in three of the last four quarters. Back in May, the company reported fiscal third-quarter earnings of $0.72/share, a 16.13% surprise over the $0.62 consensus estimate. CPRT has delivered a trailing four-quarter average earnings surprise of 5.61%. The Dallas, Texas-based company primarily has two revenue streams: service revenue and purchased vehicles. Both earnings and revenues have grown steadily despite previous economic headwinds: Image Source: Zacks Investment Research For the current fiscal year, analysts have increased earnings estimates by 3.36% in the past 60 days. The Zacks Consensus EPS Estimate now stands at $2.46/share, reflecting potential growth of 10.31% relative to the prior year. Revenues are projected to climb 9.17% to $3.82 billion. Image Source: Zacks Investment Research Let\u2019s Get Technical CPRT shares have advanced nearly 46% in the past year. This is the kind of stock we want to include in our portfolio \u2013 one that is trending well and receiving positive earnings estimate revisions. Image Source: StockCharts Notice how both the 50-day (blue line) and 200-day (red line) moving averages are sloping up. The stock has been making a series of higher highs. With both strong fundamentals and technicals, CPRT is poised to continue its outperformance. Empirical research shows a strong correlation between near-term stock movements and trends in earnings estimate revisions. As we know, Copart has recently witnessed positive revisions. As long as this trend remains intact (and CPRT continues to deliver earnings beats), the stock will likely continue its bullish run this year. Bottom Line Solid institutional buying should continue to provide a tailwind for the stock price. CPRT enjoys a dominant market position, along with a strong balance sheet and high liquidity. Increasing volume at recent breakout levels is another bullish sign for the stock. Robust fundamentals combined with an appealing technical trend certainly justify adding shares to the mix. Backed by a leading industry group and impressive history of earnings beats, it\u2019s not difficult to see why this company is a compelling investment. Investors would be wise to consider CPRT as a portfolio candidate. Top 5 ChatGPT Stocks Revealed Zacks Senior Stock Strategist, Kevin Cook names 5 hand-picked stocks with sky-high growth potential in a brilliant sector of Artificial Intelligence. By 2030, the AI industry is predicted to have an internet and iPhone-scale economic impact of $15.7 Trillion. Today you can invest in the wave of the future, an automation that answers follow-up questions \u2026 admits mistakes \u2026 challenges incorrect premises \u2026 rejects inappropriate requests. As one of the selected companies puts it, \u201cAutomation frees people from the mundane so they can accomplish the miraculous.\u201d Download Free ChatGPT Stock Report Right Now >> Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Copart, Inc. (CPRT) : Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Copart and Cal-Maine Foods have been highlighted as Zacks Bull and Bear of the Day For Immediate Release Chicago, IL \u2013 July 31, 2023 \u2013 Zacks Equity Research shares Copart CPRT as the Bull of the Day and Cal-Maine Foods CALM as the Bear of the Day. In addition, Zacks Equity Research provides analysis on Starbucks Corp. SBUX, Arhaus ARHS and Costco COST. Here is a synopsis of all five stocks: Bull of the Day: Copart, a Zacks Rank #1 (Strong Buy), enjoys a dominant leadership position in the automotive auction market, commanding a roughly 40% market share. A set of bullish initiatives including new facility openings, elevated salvage auction volumes, and an industry-leading digital offering in Copart Max have helped the stock resume its long-term upward trajectory. CPRT stock hit an all-time high earlier this month as stocks have entered a new bull market. Shares continue to display relative strength as buying pressure accumulates in this market leader. CPRT sports the second-highest Zacks Growth Style Score of 'B', indicating further upside is likely based on favorable earnings and sales growth metrics. The company is part of the Zacks Auction and Valuation Services industry group, which ranks in the top 1% out of more than 250 Zacks Ranked Industries. It's not a coincidence that this group has been steadily outperforming this year. Historical research studies suggest that approximately half of a stock's price appreciation is due to its industry grouping. In fact, the top 50% of Zacks Ranked Industries outperforms the bottom 50% by a factor of more than 2 to 1. It's no secret that investing in stocks that are part of leading industry groups can give us a leg up relative to the market. By focusing on leading stocks within the top 50% of Zacks Ranked Industries, we can dramatically improve our stock-picking success. Company Description Copart is a global provider of online auctions and vehicle remarketing services. The company enables the processing and selling of vehicles over the internet through its virtual bidding, auction-style sales technology to vehicle sellers, insurance companies, banks, charities, dealers, and vehicle rental companies. Copart's range of services includes online seller access, salvage estimation, end-of-life vehicle processing, transportation, vehicle inspection, title processing and procurement, flexible payment options, and dealer programs. The company also enables the selling of vehicles through CashForCars.com; Copart Recycling service, which allows the public to purchase parts from salvaged vehicles; and Copart 360, an online technology platform for posting vehicle images. Copart sells its products to licensed vehicle dismantlers, rebuilders, repair licensees, used vehicle dealers, as well as to the public. Earnings Trends and Future Estimates CPRT has built up an impressive earnings history, surpassing earnings estimates in three of the last four quarters. Back in May, the company reported fiscal third-quarter earnings of $0.72/share, a 16.13% surprise over the $0.62 consensus estimate. CPRT has delivered a trailing four-quarter average earnings surprise of 5.61%. The Dallas, TX-based company primarily has two revenue streams: service revenue and purchased vehicles. Both earnings and revenues have grown steadily despite previous economic headwinds. For the current fiscal year, analysts have increased earnings estimates by 3.36% in the past 60 days. The Zacks Consensus EPS Estimate now stands at $2.46/share, reflecting potential growth of 10.31% relative to the prior year. Revenues are projected to climb 9.17% to $3.82 billion. Let's Get Technical CPRT shares have advanced nearly 46% in the past year. This is the kind of stock we want to include in our portfolio \u2013 one that is trending well and receiving positive earnings estimate revisions. Notice how both the 50-day (blue line) and 200-day (red line) moving averages are sloping up. The stock has been making a series of higher highs. With both strong fundamentals and technicals, CPRT is poised to continue its outperformance. Empirical research shows a strong correlation between near-term stock movements and trends in earnings estimate revisions. As we know, Copart has recently witnessed positive revisions. As long as this trend remains intact (and CPRT continues to deliver earnings beats), the stock will likely continue its bullish run this year. Bottom Line Solid institutional buying should continue to provide a tailwind for the stock price. CPRT enjoys a dominant market position, along with a strong balance sheet and high liquidity. Increasing volume at recent breakout levels is another bullish sign for the stock. Robust fundamentals combined with an appealing technical trend certainly justify adding shares to the mix. Backed by a leading industry group and impressive history of earnings beats, it's not difficult to see why this company is a compelling investment. Investors would be wise to consider CPRT as a portfolio candidate. Bear of the Day: Cal-Maine Foods produces, packages, and distributes shell eggs. The company offers specialty shell eggs such as nutritionally enhanced, cage free, organic, and brown eggs under recognized brand names including Egg-Land's Best, Land O' Lakes, Farmhouse Eggs, and 4-Grain. CALM markets and sells its products to national and regional grocery store chains, club stores, independent supermarkets, and foodservice distributors. Cal-Maine Foods was founded in 1957 and is based in Ridgeland, MS. The Zacks Rundown CALM, a Zacks Rank #5 (Strong Sell), is a component of the Zacks Agriculture \u2013 Products industry group, which ranks in the bottom 10% out of more than 250 Zacks Ranked Industries. As such, we expect this industry group as a whole to underperform the market over the next 3 to 6 months, just as it has throughout this year. Candidates in the bottom tiers of industries can often be solid potential short candidates. While individual stocks have the ability to outperform even when included in a poorly-performing industry group, the inclusion in a weaker group serves as a headwind for any potential rallies and the journey forward is that much more difficult. The odds are stacked against CALM, and the stock is agreeing with this notion. CALM shares experienced a climax top in December of last year and have been in a price downtrend ever since. The share price is hitting a series of lower lows and represents a compelling short opportunity as the stock continues to lag the major market indexes. Deteriorating Outlook Cal-Maine Foods has been on the receiving end of negative earnings estimate revisions as of late. For the current quarter (fiscal Q1), the Zacks Consensus EPS Estimate sits at a loss of -$0.01/share, reflecting a -100.39% decline relative to the same quarter last year. For the current fiscal year, analysts have also revised their EPS estimates downward by 13.93% in the past 60 days. The Zacks Consensus Estimate is now $4.20/share, translating to negative growth of -72.94%. Falling earnings estimates are a huge red flag and need to be respected. Negative growth year-over-year is the type of trend that bears like to see. Technical Trend As illustrated below, CALM stock is in a sustained downtrend. Notice how the stock has plunged below both the 50-day and 200-day moving averages signaled by the blue and red lines, respectively. The 50-day moving average has recently acted as resistance and shares are currently testing that level. The stock is making a series of lower lows, with no respite from the selling in sight. Also note how both moving averages have rolled over and are sloping down \u2013 another good sign for the bears. While not the most accurate indicator, CALM stock has also experienced what is known as a 'death cross', wherein the stock's 50-day moving average crosses below its 200-day moving average. CALM would have to make a serious move to the upside and show increasing earnings estimate revisions to warrant taking any long positions in the stock. The stock has fallen nearly 10% this year alone, widely underperforming the major indices. Final Thoughts A deteriorating fundamental and technical backdrop show that this stock is not set to hit new highs anytime soon. The fact that CALM is included in one of the worst-performing industry groups provides yet another headwind to a long list of concerns. Falling future earnings estimates will likely serve as a ceiling to any potential rallies, nurturing the stock's downtrend. Potential investors may want to give this stock the cold shoulder, or perhaps include it as part of a short or hedge strategy. Bulls will want to steer clear of CALM shares until the situation shows major signs of improvement. Additional content: What's In Store for Starbucks (SBUX) Earnings? Starbucks Corp. is scheduled to report third-quarter fiscal 2023 results on Aug 1, after the closing bell. In the last reported quarter, the company delivered an earnings beat of 15.6%. Q3 Estimates The Zacks Consensus Estimate for earnings is pegged at 95 cents per share, indicating growth of 13.1% year over year. In the past 30 days, earnings estimates have witnessed downward revisions by 1%. The Zacks Consensus Estimate for revenues is pegged at $9.3 billion, suggesting an increase of 14% from the year-ago quarter. Factors to Note SBUX's focus on improving customer experience with innovative new store designs and upgraded product offerings, and supply-chain efficiencies has been contributing to its top line. Focus on store growth and robust loyalty program adds to its growth. During fiscal 2023, it expects store count in the United States and China to grow approximately 3% and 13%, respectively. Robust comparable sales growth is likely to have aided the company's top line in the quarter. Our model predicts North America and International sales growth to increase 9% and 9.1% year over year, respectively. In third-quarter fiscal 2023, our model estimates North America and Channel Development sales to be $6,934.2 million and $541.4 million, up 14.5% and 12.9% year over year, respectively. Starbucks is gaining from a rise in transactions and average ticket growth. We expect international sales to improve 12.1% year over year to $1,776.8 million. The ongoing inflationary pressure is likely to have hurt SBUX's margin. Its ingredients are witnessing a significant uptick in price since the last few quarters. Our model suggests adjusted operating margin to be 16.8%, flat year over year. Our model anticipates total operating expenses to be $4,969.4 million, up 15.7% from the prior-year quarter. What the Zacks Model Unveils Our proven model doesn't conclusively predict an earnings beat for Starbucks this time around. The combination of a positive Earnings ESP and a Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold) increases the chances of an earnings beat. Earnings ESP: Starbucks has an Earnings ESP (the difference between the Most Accurate Estimate and the Zacks Consensus Estimate) of -0.53%. You can uncover the best stocks to buy or sell before they're reported with our Earnings ESP Filter. Zacks Rank: Starbucks currently carries a Zacks Rank #3. Stocks Poised to Beat Estimates Here are some stocks worth considering from the Zacks Retail-Wholesale space as our model shows that these have the right combination of elements to beat on earnings this season. Arhaus currently has an Earnings ESP of +7.69% and sports a Zacks Rank #1. ARHS is expected to register a bottom-line decline when it reports second-quarter 2023 results. The Zacks Consensus Estimate for quarterly earnings per share of 26 cents suggests a fall of 7.1% from the year-ago quarter. You can see the complete list of today's Zacks #1 Rank stocks here. Arhaus' top line is anticipated to rise year over year. The consensus mark is pegged at $325.7 million, indicating an increase of 6.3% from the year-ago quarter's reported figure. ARHS has a trailing four-quarter earnings surprise of 82.4%, on average. Costco currently has an Earnings ESP of +0.73% and a Zacks Rank of 3. COST is likely to register bottom-line growth while posting fourth-quarter fiscal 2023 numbers. The Zacks Consensus Estimate for quarterly earnings per share of $4.73 indicates a 10.5% increase from the year-ago reported number. Costco's top line is projected to ascend year over year. The Zacks Consensus Estimate is pegged at $78.85 billion, indicating 9.4% rise from the prior-year quarter. COST has a trailing four-quarter earnings surprise of 1.8%, on average. Stay on top of upcoming earnings announcements with the Zacks Earnings Calendar. Why Haven't You Looked at Zacks' Top Stocks? Since 2000, our top stock-picking strategies have blown away the S&P's +6.2 average gain per year. Amazingly, they soared with average gains of +46.4%, +49.5% and +55.2% per year. Today you can access their live picks without cost or obligation. See Stocks Free >> Media Contact Zacks Investment Research 800-767-3771 ext. 9339 https://www.zacks.com Zacks.com provides investment resources and informs you of these resources, which you may choose to use in making your own investment decisions. Zacks is providing information on this resource to you subject to the Zacks \""Terms and Conditions of Service\"" disclaimer. www.zacks.com/disclaimer. Past performance is no guarantee of future results. Inherent in any investment is the potential for loss.This material is being provided for informational purposes only and nothing herein constitutes investment, legal, accounting or tax advice, or a recommendation to buy, sell or hold a security. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. It should not be assumed that any investments in securities, companies, sectors or markets identified and described were or will be profitable. All information is current as of the date of herein and is subject to change without notice. Any views or opinions expressed may not reflect those of the firm as a whole. Zacks Investment Research does not engage in investment banking, market making or asset management activities of any securities. These returns are from hypothetical portfolios consisting of stocks with Zacks Rank = 1 that were rebalanced monthly with zero transaction costs. These are not the returns of actual portfolios of stocks. The S&P 500 is an unmanaged index. Visit https://www.zacks.com/performancefor information about the performance numbers displayed in this press release. Top 5 ChatGPT Stocks Revealed Zacks Senior Stock Strategist, Kevin Cook names 5 hand-picked stocks with sky-high growth potential in a brilliant sector of Artificial Intelligence. By 2030, the AI industry is predicted to have an internet and iPhone-scale economic impact of $15.7 Trillion. Today you can invest in the wave of the future, an automation that answers follow-up questions \u2026 admits mistakes \u2026 challenges incorrect premises \u2026 rejects inappropriate requests. As one of the selected companies puts it, \u201cAutomation frees people from the mundane so they can accomplish the miraculous.\u201d Download Free ChatGPT Stock Report Right Now >> Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Starbucks Corporation (SBUX) : Free Stock Analysis Report Costco Wholesale Corporation (COST) : Free Stock Analysis Report Cal-Maine Foods, Inc. (CALM) : Free Stock Analysis Report Copart, Inc. (CPRT) : Free Stock Analysis Report Arhaus, Inc. (ARHS) : Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.""]"
CPRT,2023-08-01,44.115,44.5,43.945,44.42,
CPRT,2023-08-02,44.04,44.38,43.91,44.215,
CPRT,2023-08-03,44.035,44.715,44.035,44.655,"Interesting CPRT Put And Call Options For September 15th Investors in Copart Inc (Symbol: CPRT) saw new options begin trading this week, for the September 15th expiration. At Stock Options Channel, our YieldBoost formula has looked up and down the CPRT options chain for the new September 15th contracts and identified one put and one call contract of particular interest. The put contract at the $85.00 strike price has a current bid of $1.45. If an investor was to sell-to-open that put contract, they are committing to purchase the stock at $85.00, but will also collect the premium, putting the cost basis of the shares at $83.55 (before broker commissions). To an investor already interested in purchasing shares of CPRT, that could represent an attractive alternative to paying $88.45/share today. Because the $85.00 strike represents an approximate 4% discount to the current trading price of the stock (in other words it is out-of-the-money by that percentage), there is also the possibility that the put contract would expire worthless. The current analytical data (including greeks and implied greeks) suggest the current odds of that happening are 72%. Stock Options Channel will track those odds over time to see how they change, publishing a chart of those numbers on our website under the contract detail page for this contract. Should the contract expire worthless, the premium would represent a 1.71% return on the cash commitment, or 14.48% annualized — at Stock Options Channel we call this the YieldBoost. Below is a chart showing the trailing twelve month trading history for Copart Inc, and highlighting in green where the $85.00 strike is located relative to that history: Turning to the calls side of the option chain, the call contract at the $90.00 strike price has a current bid of $2.35. If an investor was to purchase shares of CPRT stock at the current price level of $88.45/share, and then sell-to-open that call contract as a ""covered call,"" they are committing to sell the stock at $90.00. Considering the call seller will also collect the premium, that would drive a total return (excluding dividends, if any) of 4.41% if the stock gets called away at the September 15th expiration (before broker commissions). Of course, a lot of upside could potentially be left on the table if CPRT shares really soar, which is why looking at the trailing twelve month trading history for Copart Inc, as well as studying the business fundamentals becomes important. Below is a chart showing CPRT's trailing twelve month trading history, with the $90.00 strike highlighted in red: Considering the fact that the $90.00 strike represents an approximate 2% premium to the current trading price of the stock (in other words it is out-of-the-money by that percentage), there is also the possibility that the covered call contract would expire worthless, in which case the investor would keep both their shares of stock and the premium collected. The current analytical data (including greeks and implied greeks) suggest the current odds of that happening are 53%. On our website under the contract detail page for this contract, Stock Options Channel will track those odds over time to see how they change and publish a chart of those numbers (the trading history of the option contract will also be charted). Should the covered call contract expire worthless, the premium would represent a 2.66% boost of extra return to the investor, or 22.55% annualized, which we refer to as the YieldBoost. The implied volatility in the put contract example is 27%, while the implied volatility in the call contract example is 25%. Meanwhile, we calculate the actual trailing twelve month volatility (considering the last 251 trading day closing values as well as today's price of $88.45) to be 25%. For more put and call options contract ideas worth looking at, visit StockOptionsChannel.com. Top YieldBoost Calls of the Nasdaq 100 » Also see: • CWCO Insider Buying • CIA YTD Return • Institutional Holders of ASZP The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
CPRT,2023-08-04,44.84,45.01,44.155,44.175,
CPRT,2023-08-07,44.6,44.82,44.315,44.74,
CPRT,2023-08-08,44.495,44.74,43.7705,43.93,
CPRT,2023-08-09,43.86,43.96,43.535,43.685,"Copart, Inc. (CPRT) Stock Moves -0.56%: What You Should Know Copart, Inc. (CPRT) closed at $87.37 in the latest trading session, marking a -0.56% move from the prior day. This change was narrower than the S&P 500's 0.7% loss on the day. Meanwhile, the Dow lost 0.54%, and the Nasdaq, a tech-heavy index, lost 1.17%. Prior to today's trading, shares of the company had lost 2.99% over the past month. This has lagged the Business Services sector's gain of 1.88% and the S&P 500's gain of 2.35% in that time. Wall Street will be looking for positivity from Copart, Inc. as it approaches its next earnings report date. On that day, Copart, Inc. is projected to report earnings of $0.61 per share, which would represent year-over-year growth of 7.02%. Meanwhile, our latest consensus estimate is calling for revenue of $950.04 million, up 7.55% from the prior-year quarter. Investors might also notice recent changes to analyst estimates for Copart, Inc.Recent revisions tend to reflect the latest near-term business trends. With this in mind, we can consider positive estimate revisions a sign of optimism about the company's business outlook. Research indicates that these estimate revisions are directly correlated with near-term share price momentum. Investors can capitalize on this by using the Zacks Rank. This model considers these estimate changes and provides a simple, actionable rating system. The Zacks Rank system ranges from #1 (Strong Buy) to #5 (Strong Sell). It has a remarkable, outside-audited track record of success, with #1 stocks delivering an average annual return of +25% since 1988. Within the past 30 days, our consensus EPS projection has moved 0.37% higher. Copart, Inc. is holding a Zacks Rank of #2 (Buy) right now. Digging into valuation, Copart, Inc. currently has a Forward P/E ratio of 32.59. This valuation marks a no noticeable deviation compared to its industry's average Forward P/E of 32.59. The Auction and Valuation Services industry is part of the Business Services sector. This group has a Zacks Industry Rank of 5, putting it in the top 2% of all 250+ industries. The Zacks Industry Rank gauges the strength of our industry groups by measuring the average Zacks Rank of the individual stocks within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1. You can find more information on all of these metrics, and much more, on Zacks.com. Zacks Reveals ChatGPT ""Sleeper"" Stock One little-known company is at the heart of an especially brilliant Artificial Intelligence sector. By 2030, the AI industry is predicted to have an internet and iPhone-scale economic impact of $15.7 Trillion. As a service to readers, Zacks is providing a bonus report that names and explains this explosive growth stock and 4 other ""must buys."" Plus more. Download Free ChatGPT Stock Report Right Now >> Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Copart, Inc. (CPRT) : Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
CPRT,2023-08-10,43.83,44.3875,43.37,43.505,
CPRT,2023-08-11,43.315,43.98,42.83,43.925,
CPRT,2023-08-14,43.925,44.305,43.75,44.305,
CPRT,2023-08-15,44.01,44.365,43.87,44.04,"[""Copart, Inc. (CPRT) Stock Moves -0.6%: What You Should Know Copart, Inc. (CPRT) closed at $88.08 in the latest trading session, marking a -0.6% move from the prior day. This change was narrower than the S&P 500's daily loss of 1.16%. Meanwhile, the Dow lost 1.02%, and the Nasdaq, a tech-heavy index, lost 1.14%. Heading into today, shares of the company had lost 5.47% over the past month, lagging the Business Services sector's loss of 1.7% and the S&P 500's loss of 0.27% in that time. Investors will be hoping for strength from Copart, Inc. as it approaches its next earnings release. On that day, Copart, Inc. is projected to report earnings of $0.61 per share, which would represent year-over-year growth of 7.02%. Our most recent consensus estimate is calling for quarterly revenue of $950.04 million, up 7.55% from the year-ago period. It is also important to note the recent changes to analyst estimates for Copart, Inc.These recent revisions tend to reflect the evolving nature of short-term business trends. As a result, we can interpret positive estimate revisions as a good sign for the company's business outlook. Research indicates that these estimate revisions are directly correlated with near-term share price momentum. Investors can capitalize on this by using the Zacks Rank. This model considers these estimate changes and provides a simple, actionable rating system. The Zacks Rank system ranges from #1 (Strong Buy) to #5 (Strong Sell). It has a remarkable, outside-audited track record of success, with #1 stocks delivering an average annual return of +25% since 1988. The Zacks Consensus EPS estimate has moved 0.37% higher within the past month. Copart, Inc. is currently a Zacks Rank #2 (Buy). Investors should also note Copart, Inc.'s current valuation metrics, including its Forward P/E ratio of 32.87. Its industry sports an average Forward P/E of 32.87, so we one might conclude that Copart, Inc. is trading at a no noticeable deviation comparatively. The Auction and Valuation Services industry is part of the Business Services sector. This industry currently has a Zacks Industry Rank of 6, which puts it in the top 3% of all 250+ industries. The Zacks Industry Rank gauges the strength of our individual industry groups by measuring the average Zacks Rank of the individual stocks within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1. Be sure to follow all of these stock-moving metrics, and many more, on Zacks.com. Zacks Names \""Single Best Pick to Double\"" From thousands of stocks, 5 Zacks experts each have chosen their favorite to skyrocket +100% or more in months to come. From those 5, Director of Research Sheraz Mian hand-picks one to have the most explosive upside of all. It\u2019s credited with a \u201cwatershed medical breakthrough\u201d and is developing a bustling pipeline of other projects that could make a world of difference for patients suffering from diseases involving the liver, lungs, and blood. This is a timely investment that you can catch while it emerges from its bear market lows. It could rival or surpass other recent Stocks Set to Double like Boston Beer Company which shot up +143.0% in little more than 9 months and NVIDIA which boomed +175.9% in one year. Free: See Our Top Stock And 4 Runners Up Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Copart, Inc. (CPRT) : Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""CPRT Crosses Above Average Analyst Target In recent trading, shares of Copart Inc (Symbol: CPRT) have crossed above the average analyst 12-month target price of $88.17, changing hands for $88.61/share. When a stock reaches the target an analyst has set, the analyst logically has two ways to react: downgrade on valuation, or, re-adjust their target price to a higher level. Analyst reaction may also depend on the fundamental business developments that may be responsible for driving the stock price higher \u2014 if things are looking up for the company, perhaps it is time for that target price to be raised. There are 6 different analyst targets within the Zacks coverage universe contributing to that average for Copart Inc, but the average is just that \u2014 a mathematical average. There are analysts with lower targets than the average, including one looking for a price of $78.00. And then on the other side of the spectrum one analyst has a target as high as $105.00. The standard deviation is $10.571. But the whole reason to look at the average CPRT price target in the first place is to tap into a \""wisdom of crowds\"" effort, putting together the contributions of all the individual minds who contributed to the ultimate number, as opposed to what just one particular expert believes. And so with CPRT crossing above that average target price of $88.17/share, investors in CPRT have been given a good signal to spend fresh time assessing the company and deciding for themselves: is $88.17 just one stop on the way to an even higher target, or has the valuation gotten stretched to the point where it is time to think about taking some chips off the table? Below is a table showing the current thinking of the analysts that cover Copart Inc: RECENT CPRT ANALYST RATINGS BREAKDOWN \u00bb Current 1 Month Ago 2 Month Ago 3 Month Ago Strong buy ratings: 4 4 4 4 Buy ratings: 0 0 0 0 Hold ratings: 3 3 3 3 Sell ratings: 0 0 0 0 Strong sell ratings: 0 0 0 0 Average rating: 1.86 1.86 1.86 1.86 The average rating presented in the last row of the above table above is from 1 to 5 where 1 is Strong Buy and 5 is Strong Sell. This article used data provided by Zacks Investment Research via Quandl.com. Get the latest Zacks research report on CPRT \u2014 FREE. 10 ETFs With Most Upside To Analyst Targets \u00bb Also see: \u0095 Howard Marks Stock Picks \u0095 Funds Holding ASCA \u0095 QuickLogic Past Earnings The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.""]"
CPRT,2023-08-16,44.03,44.255,43.65,43.725,
CPRT,2023-08-17,43.825,43.93,42.915,42.995,
CPRT,2023-08-18,42.93,43.515,42.8,43.42,
CPRT,2023-08-21,43.345,43.57,42.945,43.49,
CPRT,2023-08-22,43.33,44.0875,43.23,43.79,"[""Nasdaq 100 Movers: CPRT, MRNA In early trading on Tuesday, shares of Moderna topped the list of the day's best performing components of the Nasdaq 100 index, trading up 2.2%. Year to date, Moderna has lost about 36.8% of its value. And the worst performing Nasdaq 100 component thus far on the day is Copart, trading down 49.7%. Copart is lower by about 28.1% looking at the year to date performance. Two other components making moves today are Zoom Video Communications, trading down 5.0%, and Sirius XM Holdings, trading up 2.0% on the day. VIDEO: Nasdaq 100 Movers: CPRT, MRNA The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""S&P 500 Movers: SRE, HAS In early trading on Tuesday, shares of Hasbro topped the list of the day's best performing components of the S&P 500 index, trading up 7.7%. Year to date, Hasbro registers a 11.7% gain. And the worst performing S&P 500 component thus far on the day is Sempra, trading down 50.2%. Sempra is lower by about 54.2% looking at the year to date performance. Two other components making moves today are Copart, trading down 49.7%, and Moderna, trading up 3.6% on the day. VIDEO: S&P 500 Movers: SRE, HAS The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.""]"
CPRT,2023-08-23,44.1651,45.29,44.05,45.08,"Should First Trust Capital Strength ETF (FTCS) Be on Your Investing Radar? If you're interested in broad exposure to the Large Cap Blend segment of the US equity market, look no further than the First Trust Capital Strength ETF (FTCS), a passively managed exchange traded fund launched on 07/06/2006. The fund is sponsored by First Trust Advisors. It has amassed assets over $8.67 billion, making it one of the largest ETFs attempting to match the Large Cap Blend segment of the US equity market. Why Large Cap Blend Large cap companies usually have a market capitalization above $10 billion. They tend to be stable companies with predictable cash flows and are usually less volatile than mid and small cap companies. Blend ETFs are aptly named, since they tend to hold a mix of growth and value stocks, as well as show characteristics of both kinds of equities. Costs Since cheaper funds tend to produce better results than more expensive funds, assuming all other factors remain equal, it is important for investors to pay attention to an ETF's expense ratio. Annual operating expenses for this ETF are 0.55%, putting it on par with most peer products in the space. It has a 12-month trailing dividend yield of 1.43%. Sector Exposure and Top Holdings Even though ETFs offer diversified exposure which minimizes single stock risk, it is still important to look into a fund's holdings before investing. Luckily, most ETFs are very transparent products that disclose their holdings on a daily basis. This ETF has heaviest allocation to the Healthcare sector--about 29.60% of the portfolio. Industrials and Financials round out the top three. Looking at individual holdings, Eli Lilly And Company (LLY) accounts for about 2.37% of total assets, followed by Netapp, Inc. (NTAP) and Copart, Inc. (CPRT). The top 10 holdings account for about 22.18% of total assets under management. Performance and Risk FTCS seeks to match the performance of the The Capital Strength Index before fees and expenses. The Capital Strength Index is an equal-dollar weighted index which provides exposure to well-capitalized companies with strong market positions based on strong balance sheets, high degree of liquidity, ability to generate earnings growth & record financial strength & profit growth. The ETF return is roughly 1.07% so far this year and was up about 2.25% in the last one year (as of 08/23/2023). In the past 52-week period, it has traded between $66.42 and $78.75. The ETF has a beta of 0.86 and standard deviation of 14.74% for the trailing three-year period, making it a medium risk choice in the space. With about 51 holdings, it effectively diversifies company-specific risk. Alternatives First Trust Capital Strength ETF holds a Zacks ETF Rank of 2 (Buy), which is based on expected asset class return, expense ratio, and momentum, among other factors. Because of this, FTCS is an excellent option for investors seeking exposure to the Style Box - Large Cap Blend segment of the market. There are other additional ETFs in the space that investors could consider as well. The iShares Core S&P 500 ETF (IVV) and the SPDR S&P 500 ETF (SPY) track a similar index. While iShares Core S&P 500 ETF has $344.01 billion in assets, SPDR S&P 500 ETF has $406.96 billion. IVV has an expense ratio of 0.03% and SPY charges 0.09%. Bottom-Line An increasingly popular option among retail and institutional investors, passively managed ETFs offer low costs, transparency, flexibility, and tax efficiency; they are also excellent vehicles for long term investors. To learn more about this product and other ETFs, screen for products that match your investment objectives and read articles on latest developments in the ETF investing universe, please visit Zacks ETF Center. Want key ETF info delivered straight to your inbox? Zacks’ free Fund Newsletter will brief you on top news and analysis, as well as top-performing ETFs, each week. Get it free >> Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report First Trust Capital Strength ETF (FTCS): ETF Research Reports Eli Lilly and Company (LLY) : Free Stock Analysis Report NetApp, Inc. (NTAP) : Free Stock Analysis Report Copart, Inc. (CPRT) : Free Stock Analysis Report SPDR S&P 500 ETF (SPY): ETF Research Reports iShares Core S&P 500 ETF (IVV): ETF Research Reports To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
CPRT,2023-08-24,45.3,45.4,42.99,43.04,
CPRT,2023-08-25,42.93,44.04,42.93,43.8,"Copart, Inc. (CPRT) Outpaces Stock Market Gains: What You Should Know In the latest trading session, Copart, Inc. (CPRT) closed at $43.80, marking a +1.77% move from the previous day. This move outpaced the S&P 500's daily gain of 0.67%. Elsewhere, the Dow gained 0.73%, while the tech-heavy Nasdaq added 0.94%. Heading into today, shares of the company had lost 2.62% over the past month, outpacing the Business Services sector's loss of 4.5% and the S&P 500's loss of 3.8% in that time. Copart, Inc. will be looking to display strength as it nears its next earnings release. In that report, analysts expect Copart, Inc. to post earnings of $0.31 per share. This would mark year-over-year growth of 10.71%. Our most recent consensus estimate is calling for quarterly revenue of $950.04 million, up 7.55% from the year-ago period. Any recent changes to analyst estimates for Copart, Inc. should also be noted by investors. These revisions help to show the ever-changing nature of near-term business trends. As a result, we can interpret positive estimate revisions as a good sign for the company's business outlook. Based on our research, we believe these estimate revisions are directly related to near-team stock moves. We developed the Zacks Rank to capitalize on this phenomenon. Our system takes these estimate changes into account and delivers a clear, actionable rating model. The Zacks Rank system ranges from #1 (Strong Buy) to #5 (Strong Sell). It has a remarkable, outside-audited track record of success, with #1 stocks delivering an average annual return of +25% since 1988. The Zacks Consensus EPS estimate remained stagnant within the past month. Copart, Inc. is currently sporting a Zacks Rank of #2 (Buy). In terms of valuation, Copart, Inc. is currently trading at a Forward P/E ratio of 31.93. For comparison, its industry has an average Forward P/E of 31.93, which means Copart, Inc. is trading at a no noticeable deviation to the group. The Auction and Valuation Services industry is part of the Business Services sector. This industry currently has a Zacks Industry Rank of 5, which puts it in the top 2% of all 250+ industries. The Zacks Industry Rank gauges the strength of our industry groups by measuring the average Zacks Rank of the individual stocks within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1. To follow CPRT in the coming trading sessions, be sure to utilize Zacks.com. Zacks Names ""Single Best Pick to Double"" From thousands of stocks, 5 Zacks experts each have chosen their favorite to skyrocket +100% or more in months to come. From those 5, Director of Research Sheraz Mian hand-picks one to have the most explosive upside of all. It’s a little-known chemical company that’s up 65% over last year, yet still dirt cheap. With unrelenting demand, soaring 2022 earnings estimates, and $1.5 billion for repurchasing shares, retail investors could jump in at any time. This company could rival or surpass other recent Zacks’ Stocks Set to Double like Boston Beer Company which shot up +143.0% in little more than 9 months and NVIDIA which boomed +175.9% in one year. Free: See Our Top Stock and 4 Runners Up >> Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Copart, Inc. (CPRT) : Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
CPRT,2023-08-28,43.94,44.1,43.645,43.9,
CPRT,2023-08-29,43.99,44.63,43.64,44.5,
CPRT,2023-08-30,44.47,45.39,44.47,45.07,"Is Cleanspark (CLSK) Stock Outpacing Its Business Services Peers This Year? Investors interested in Business Services stocks should always be looking to find the best-performing companies in the group. Is CleanSpark (CLSK) one of those stocks right now? A quick glance at the company's year-to-date performance in comparison to the rest of the Business Services sector should help us answer this question. CleanSpark is one of 329 individual stocks in the Business Services sector. Collectively, these companies sit at #10 in the Zacks Sector Rank. The Zacks Sector Rank gauges the strength of our 16 individual sector groups by measuring the average Zacks Rank of the individual stocks within the groups. The Zacks Rank is a proven model that highlights a variety of stocks with the right characteristics to outperform the market over the next one to three months. The system emphasizes earnings estimate revisions and favors companies with improving earnings outlooks. CleanSpark is currently sporting a Zacks Rank of #2 (Buy). The Zacks Consensus Estimate for CLSK's full-year earnings has moved 5.2% higher within the past quarter. This is a sign of improving analyst sentiment and a positive earnings outlook trend. Our latest available data shows that CLSK has returned about 157.4% since the start of the calendar year. At the same time, Business Services stocks have gained an average of 11%. As we can see, CleanSpark is performing better than its sector in the calendar year. Copart, Inc. (CPRT) is another Business Services stock that has outperformed the sector so far this year. Since the beginning of the year, the stock has returned 46.2%. Over the past three months, Copart, Inc.'s consensus EPS estimate for the current year has increased 3.4%. The stock currently has a Zacks Rank #2 (Buy). Looking more specifically, CleanSpark belongs to the Technology Services industry, which includes 187 individual stocks and currently sits at #103 in the Zacks Industry Rank. This group has gained an average of 17.3% so far this year, so CLSK is performing better in this area. On the other hand, Copart, Inc. belongs to the Auction and Valuation Services industry. This 2-stock industry is currently ranked #5. The industry has moved +46.7% year to date. Going forward, investors interested in Business Services stocks should continue to pay close attention to CleanSpark and Copart, Inc. as they could maintain their solid performance. Zacks Reveals ChatGPT ""Sleeper"" Stock One little-known company is at the heart of an especially brilliant Artificial Intelligence sector. By 2030, the AI industry is predicted to have an internet and iPhone-scale economic impact of $15.7 Trillion. As a service to readers, Zacks is providing a bonus report that names and explains this explosive growth stock and 4 other ""must buys."" Plus more. Download Free ChatGPT Stock Report Right Now >> Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Cleanspark, Inc. (CLSK) : Free Stock Analysis Report Copart, Inc. (CPRT) : Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
CPRT,2023-08-31,45.05,45.19,44.74,44.83,"Copart, Inc. (CPRT) Dips More Than Broader Markets: What You Should Know Copart, Inc. (CPRT) closed at $44.83 in the latest trading session, marking a -0.53% move from the prior day. This change lagged the S&P 500's daily loss of 0.16%. Elsewhere, the Dow lost 0.48%, while the tech-heavy Nasdaq added 0.11%. Prior to today's trading, shares of the company had gained 1.93% over the past month. This has outpaced the Business Services sector's gain of 0.36% and the S&P 500's loss of 1.25% in that time. Copart, Inc. will be looking to display strength as it nears its next earnings release. The company is expected to report EPS of $0.31, up 10.71% from the prior-year quarter. Our most recent consensus estimate is calling for quarterly revenue of $950.04 million, up 7.55% from the year-ago period. Investors might also notice recent changes to analyst estimates for Copart, Inc.Recent revisions tend to reflect the latest near-term business trends. As such, positive estimate revisions reflect analyst optimism about the company's business and profitability. Our research shows that these estimate changes are directly correlated with near-term stock prices. Investors can capitalize on this by using the Zacks Rank. This model considers these estimate changes and provides a simple, actionable rating system. Ranging from #1 (Strong Buy) to #5 (Strong Sell), the Zacks Rank system has a proven, outside-audited track record of outperformance, with #1 stocks returning an average of +25% annually since 1988. Within the past 30 days, our consensus EPS projection remained stagnant. Copart, Inc. currently has a Zacks Rank of #2 (Buy). Valuation is also important, so investors should note that Copart, Inc. has a Forward P/E ratio of 33.44 right now. This valuation marks a no noticeable deviation compared to its industry's average Forward P/E of 33.44. The Auction and Valuation Services industry is part of the Business Services sector. This group has a Zacks Industry Rank of 5, putting it in the top 2% of all 250+ industries. The Zacks Industry Rank gauges the strength of our industry groups by measuring the average Zacks Rank of the individual stocks within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1. Be sure to follow all of these stock-moving metrics, and many more, on Zacks.com. 5 Stocks Set to Double Each was handpicked by a Zacks expert as the #1 favorite stock to gain +100% or more in 2023. Previous recommendations have soared +143.0%, +175.9%, +498.3% and +673.0%. Most of the stocks in this report are flying under Wall Street radar, which provides a great opportunity to get in on the ground floor. Today, See These 5 Potential Home Runs >> Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Copart, Inc. (CPRT) : Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
CPRT,2023-09-01,45.21,45.4,44.84,44.98,
CPRT,2023-09-05,45.28,45.39,44.2,45.2,
CPRT,2023-09-06,45.01,45.64,44.95,45.47,
CPRT,2023-09-07,45.33,45.48,43.89,44.6,"Copart, Inc. (CPRT) Dips More Than Broader Markets: What You Should Know Copart, Inc. (CPRT) closed at $44.60 in the latest trading session, marking a -1.91% move from the prior day. This move lagged the S&P 500's daily loss of 0.32%. At the same time, the Dow added 0.17%, and the tech-heavy Nasdaq lost 0.89%. Prior to today's trading, shares of the company had gained 4.09% over the past month. This has outpaced the Business Services sector's loss of 0.45% and the S&P 500's loss of 0.12% in that time. Copart, Inc. will be looking to display strength as it nears its next earnings release, which is expected to be September 14, 2023. On that day, Copart, Inc. is projected to report earnings of $0.31 per share, which would represent year-over-year growth of 10.71%. Our most recent consensus estimate is calling for quarterly revenue of $950.04 million, up 7.55% from the year-ago period. It is also important to note the recent changes to analyst estimates for Copart, Inc.Recent revisions tend to reflect the latest near-term business trends. As a result, we can interpret positive estimate revisions as a good sign for the company's business outlook. Research indicates that these estimate revisions are directly correlated with near-term share price momentum. Investors can capitalize on this by using the Zacks Rank. This model considers these estimate changes and provides a simple, actionable rating system. The Zacks Rank system, which ranges from #1 (Strong Buy) to #5 (Strong Sell), has an impressive outside-audited track record of outperformance, with #1 stocks generating an average annual return of +25% since 1988. The Zacks Consensus EPS estimate remained stagnant within the past month. Copart, Inc. is holding a Zacks Rank of #2 (Buy) right now. Investors should also note Copart, Inc.'s current valuation metrics, including its Forward P/E ratio of 33.73. For comparison, its industry has an average Forward P/E of 33.73, which means Copart, Inc. is trading at a no noticeable deviation to the group. The Auction and Valuation Services industry is part of the Business Services sector. This group has a Zacks Industry Rank of 6, putting it in the top 3% of all 250+ industries. The Zacks Industry Rank gauges the strength of our industry groups by measuring the average Zacks Rank of the individual stocks within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1. You can find more information on all of these metrics, and much more, on Zacks.com. Zacks Names #1 Semiconductor Stock It's only 1/9,000th the size of NVIDIA which skyrocketed more than +800% since we recommended it. NVIDIA is still strong, but our new top chip stock has much more room to boom. With strong earnings growth and an expanding customer base, it's positioned to feed the rampant demand for Artificial Intelligence, Machine Learning, and Internet of Things. Global semiconductor manufacturing is projected to explode from $452 billion in 2021 to $803 billion by 2028. See This Stock Now for Free >> Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Copart, Inc. (CPRT) : Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
CPRT,2023-09-08,44.86,45.2,44.55,44.69,
CPRT,2023-09-11,44.85,45.01,44.41,45.0,"Is IQ U.S. Large Cap ETF (CLRG) a Strong ETF Right Now? A smart beta exchange traded fund, the IQ U.S. Large Cap ETF (CLRG) debuted on 12/13/2017, and offers broad exposure to the Style Box - Large Cap Blend category of the market. What Are Smart Beta ETFs? Products that are based on market cap weighted indexes, which are strategies designed to reflect a specific market segment or the market as a whole, have traditionally dominated the ETF industry. Investors who believe in market efficiency should consider market cap indexes, as they replicate market returns in a low-cost, convenient, and transparent way. However, some investors believe in the possibility of beating the market through exceptional stock selection, and choose a different type of fund that tracks non-cap weighted strategies: smart beta. Non-cap weighted indexes try to choose stocks that have a better chance of risk-return performance, which is based on specific fundamental characteristics, or a mix of other such characteristics. Even though this space provides many choices to investors--think one of the simplest methodologies like equal-weighting and more complicated ones like fundamental and volatility/momentum based weighting--not all have been able to deliver first-rate results. Fund Sponsor & Index The fund is sponsored by New York Life Investments. It has amassed assets over $254.20 million, making it one of the average sized ETFs in the Style Box - Large Cap Blend. CLRG seeks to match the performance of the NASDAQ CHAIKIN POWER US LARGE CAP INDEX before fees and expenses. The NASDAQ Chaikin Power US Large Cap Index applies a quantitative multi-factor model that seeks to identify securities that are expected to outperform peers by selecting securities from the Nasdaq US 300 Index. Cost & Other Expenses Cost is an important factor in selecting the right ETF, and cheaper funds can significantly outperform their more expensive cousins if all other fundamentals are the same. With on par with most peer products in the space, this ETF has annual operating expenses of 0.25%. It has a 12-month trailing dividend yield of 1.47%. Sector Exposure and Top Holdings Even though ETFs offer diversified exposure that minimizes single stock risk, investors should also look at the actual holdings inside the fund. Luckily, most ETFs are very transparent products that disclose their holdings on a daily basis. Representing 21.80% of the portfolio, the fund has heaviest allocation to the Financials sector; Information Technology and Healthcare round out the top three. When you look at individual holdings, Broadcom Inc (AVGO) accounts for about 1.25% of the fund's total assets, followed by Alphabet Inc-Cl A (GOOGL) and Copart Inc (CPRT). The top 10 holdings account for about 11.48% of total assets under management. Performance and Risk Year-to-date, the IQ U.S. Large Cap ETF return is roughly 5.99% so far, and it's up approximately 6.89% over the last 12 months (as of 09/11/2023). CLRG has traded between $28.38 and $34.10 in this past 52-week period. CLRG has a beta of 1.04 and standard deviation of 17.25% for the trailing three-year period. With about 101 holdings, it effectively diversifies company-specific risk. Alternatives IQ U.S. Large Cap ETF is a reasonable option for investors seeking to outperform the Style Box - Large Cap Blend segment of the market. However, there are other ETFs in the space which investors could consider. IShares Core S&P 500 ETF (IVV) tracks S&P 500 Index and the SPDR S&P 500 ETF (SPY) tracks S&P 500 Index. IShares Core S&P 500 ETF has $349.60 billion in assets, SPDR S&P 500 ETF has $409.69 billion. IVV has an expense ratio of 0.03% and SPY charges 0.09%. Investors looking for cheaper and lower-risk options should consider traditional market cap weighted ETFs that aim to match the returns of the Style Box - Large Cap Blend. Bottom Line To learn more about this product and other ETFs, screen for products that match your investment objectives and read articles on latest developments in the ETF investing universe, please visit Zacks ETF Center. Want key ETF info delivered straight to your inbox? Zacks’ free Fund Newsletter will brief you on top news and analysis, as well as top-performing ETFs, each week. Get it free >> Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report IQ U.S. Large Cap ETF (CLRG): ETF Research Reports Broadcom Inc. (AVGO) : Free Stock Analysis Report Copart, Inc. (CPRT) : Free Stock Analysis Report SPDR S&P 500 ETF (SPY): ETF Research Reports Alphabet Inc. (GOOGL) : Free Stock Analysis Report iShares Core S&P 500 ETF (IVV): ETF Research Reports To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
CPRT,2023-09-12,44.84,45.0,44.145,44.22,"Copart (CPRT) Gears Up for Q4 Earnings: Things to Consider Copart, Inc. CPRT is set to release fourth-quarter fiscal 2023 results on Sep 14, after the closing bell. The Zacks Consensus Estimate for the quarter’s earnings per share and revenues is 31 cents and $950 million, respectively. The Zacks Consensus Estimate for quarterly revenues indicates a 7.5% rise year over year. The Zacks Consensus Estimate for fiscal fourth-quarter earnings has remained stable over the past 60 days. The bottom-line forecast calls for an increase of 10.7% year over year. In the last reported quarter, this Texas-based online vehicle auctioning company topped earnings estimates on higher-than-anticipated service revenues. The bottom line also increased 24.1% year over year. Over the trailing four quarters, Copart surpassed the Zacks Consensus Estimate thrice and missed once, the average surprise being 5.61%. Copart, Inc. Price and EPS Surprise Copart, Inc. price-eps-surprise | Copart, Inc. Quote Things to Consider Salvage auction volumes are likely to have remained elevated amid increased vehicle miles traveled and higher collision frequency. Additionally, aging vehicles and technologically advanced auto parts might positively impact Copart’s results. The costs of replacing such sophisticated components are extremely high, prompting insurance agencies to declare the vehicles as total loss. An expected increase in total loss rates is expected to have aided Copart’s top line. Copart’s active presence in the United States and international markets is likely to have bolstered the firm’s performance in the to-be-reported quarter. Expansion initiatives, along with digital ramp-up, are likely to have aided Copart’s sales. We expect service revenues of $784.8 million, indicating an uptick of 10.9% year over year. On the flip side, rising operating expenses and high storage and labor costs are expected to have dented margins. Operating costs have also been on the rise for several quarters amid increasing G&A expenditure. In the last reported quarter, the company’s G&A expenditure increased 4.4% year over year. We expect the metric to witness a 9% yearly increase in the quarter to be reported, thereby denting margins. What the Zacks Model Says Our proven model does not conclusively predict an earnings beat for Copart this time around. The combination of a positive Earnings ESP and a Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold) increases the odds of an earnings beat. That is not the case here. Earnings ESP: It has an Earnings ESP of 0.00%. This is because the Most Accurate Estimate of earnings is in line with the Zacks Consensus Estimate. You can uncover the best stocks to buy or sell before they’re reported with our Earnings ESP Filter. Zacks Rank: Copart currently carries a Zacks Rank of 2. You can see the complete list of today’s Zacks #1 Rank stocks here. Peer Release OPENLANE, Inc. KAR came out with second-quarter 2023 on Aug 2. It reported quarterly earnings of 25 cents per share, beating the Zacks Consensus Estimate of 14 cents. In the year-ago period, the company had incurred a loss of 4 cents per share. In the last four quarters, the company surpassed the consensus estimate thrice and missed it once. KAR posted revenues of $416.9 million for the quarter ended June 2023, missing the Zacks Consensus Estimate by 1.14%. Revenues, however, grew from $384.2 million reported in the year-ago period. Stay on top of upcoming earnings announcements with the Zacks Earnings Calendar. Free Report: Top EV Battery Stocks to Buy Now Just-released report reveals 5 stocks to profit as millions of EV batteries are made. Elon Musk tweeted that lithium prices have gone to ""insane levels,"" and they're likely to keep climbing. As a result, a handful of lithium battery stocks are set to skyrocket. Access this report to discover which battery stocks to buy and which to avoid. Download free today. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Copart, Inc. (CPRT) : Free Stock Analysis Report OPENLANE, Inc. (KAR) : Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
CPRT,2023-09-13,44.41,44.69,43.95,44.31,
CPRT,2023-09-14,44.48,45.0,44.32,44.85,"[""Copart, Inc. (CPRT) Surpasses Q4 Earnings and Revenue Estimates Copart, Inc. (CPRT) came out with quarterly earnings of $0.34 per share, beating the Zacks Consensus Estimate of $0.31 per share. This compares to earnings of $0.28 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of 9.68%. A quarter ago, it was expected that this company would post earnings of $0.31 per share when it actually produced earnings of $0.36, delivering a surprise of 16.13%. Over the last four quarters, the company has surpassed consensus EPS estimates three times. Copart, Inc., which belongs to the Zacks Auction and Valuation Services industry, posted revenues of $997.59 million for the quarter ended July 2023, surpassing the Zacks Consensus Estimate by 5.01%. This compares to year-ago revenues of $883.39 million. The company has topped consensus revenue estimates four times over the last four quarters. The sustainability of the stock's immediate price movement based on the recently-released numbers and future earnings expectations will mostly depend on management's commentary on the earnings call. Copart, Inc. Shares have added about 45.5% since the beginning of the year versus the S&P 500's gain of 16.4%. What's Next for Copart, Inc. While Copart, Inc. Has outperformed the market so far this year, the question that comes to investors' minds is: what's next for the stock? There are no easy answers to this key question, but one reliable measure that can help investors address this is the company's earnings outlook. Not only does this include current consensus earnings expectations for the coming quarter(s), but also how these expectations have changed lately. Empirical research shows a strong correlation between near-term stock movements and trends in earnings estimate revisions. Investors can track such revisions by themselves or rely on a tried-and-tested rating tool like the Zacks Rank, which has an impressive track record of harnessing the power of earnings estimate revisions. Ahead of this earnings release, the estimate revisions trend for Copart, Inc. Favorable. While the magnitude and direction of estimate revisions could change following the company's just-released earnings report, the current status translates into a Zacks Rank #2 (Buy) for the stock. So, the shares are expected to outperform the market in the near future. You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here. It will be interesting to see how estimates for the coming quarters and current fiscal year change in the days ahead. The current consensus EPS estimate is $0.30 on $971.87 million in revenues for the coming quarter and $1.35 on $4.11 billion in revenues for the current fiscal year. Investors should be mindful of the fact that the outlook for the industry can have a material impact on the performance of the stock as well. In terms of the Zacks Industry Rank, Auction and Valuation Services is currently in the top 3% of the 250 plus Zacks industries. Our research shows that the top 50% of the Zacks-ranked industries outperform the bottom 50% by a factor of more than 2 to 1. One other stock from the broader Zacks Business Services sector, Resources Connection (RGP), is yet to report results for the quarter ended August 2023. This consulting company is expected to post quarterly earnings of $0.12 per share in its upcoming report, which represents a year-over-year change of -80%. The consensus EPS estimate for the quarter has remained unchanged over the last 30 days. Resources Connection's revenues are expected to be $171.41 million, down 16% from the year-ago quarter. 4 Oil Stocks with Massive Upsides Global demand for oil is through the roof... and oil producers are struggling to keep up. So even though oil prices are well off their recent highs, you can expect big profits from the companies that supply the world with \""black gold.\"" Zacks Investment Research has just released an urgent special report to help you bank on this trend. In Oil Market on Fire, you'll discover 4 unexpected oil and gas stocks positioned for big gains in the coming weeks and months. You don't want to miss these recommendations. Download your free report now to see them. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Copart, Inc. (CPRT) : Free Stock Analysis Report Resources Connection, Inc. (RGP) : Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Copart, Inc. Q4 Profit Increases, beats estimates (RTTNews) - Copart, Inc. (CPRT) revealed earnings for its fourth quarter that increased from last year and beat the Street estimates. The company's earnings totaled $347.79 million, or $0.36 per share. This compares with $263.74 million, or $0.27 per share, in last year's fourth quarter. Excluding items, Copart, Inc. reported adjusted earnings of $330.43 million or $0.34 per share for the period. Analysts on average had expected the company to earn $0.32 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items. The company's revenue for the quarter rose 12.9% to $997.59 million from $883.39 million last year. Copart, Inc. earnings at a glance (GAAP) : -Earnings (Q4): $347.79 Mln. vs. $263.74 Mln. last year. -EPS (Q4): $0.36 vs. $0.27 last year. -Analyst Estimate: $0.32 -Revenue (Q4): $997.59 Mln vs. $883.39 Mln last year. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""After-Hours Earnings Report for September 14, 2023 : ADBE, CPRT, LEN, EGAN, HITI, DLNG, RFIL, IPW The following companies are expected to report earnings after hours on 09/14/2023. Visit our Earnings Calendar for a full list of expected earnings releases. Adobe Inc. (ADBE)is reporting for the quarter ending August 31, 2023. The computer software company's consensus earnings per share forecast from the 11 analysts that follow the stock is $3.17. This value represents a 20.53% increase compared to the same quarter last year. ADBE missed the consensus earnings per share in the 3rd calendar quarter of 2022 by -0.75%. Zacks Investment Research reports that the 2023 Price to Earnings ratio for ADBE is 44.07 vs. an industry ratio of -78.70, implying that they will have a higher earnings growth than their competitors in the same industry. Copart, Inc. (CPRT)is reporting for the quarter ending July 31, 2023. The auction company's consensus earnings per share forecast from the 4 analysts that follow the stock is $0.31. This value represents a 10.71% increase compared to the same quarter last year. CPRT missed the consensus earnings per share in the 4th calendar quarter of 2022 by -10.71%. Zacks Investment Research reports that the 2023 Price to Earnings ratio for CPRT is 36.02 vs. an industry ratio of 31.10, implying that they will have a higher earnings growth than their competitors in the same industry. Lennar Corporation (LEN)is reporting for the quarter ending August 31, 2023. The building (residential/commercial) company's consensus earnings per share forecast from the 7 analysts that follow the stock is $3.47. This value represents a 33.01% decrease compared to the same quarter last year. In the past year LEN has beat the expectations every quarter. The highest one was in the 2nd calendar quarter where they beat the consensus by 26.72%. Zacks Investment Research reports that the 2023 Price to Earnings ratio for LEN is 9.17 vs. an industry ratio of 8.70, implying that they will have a higher earnings growth than their competitors in the same industry. eGain Corporation (EGAN)is reporting for the quarter ending June 30, 2023. The internet software company's consensus earnings per share forecast from the 1 analyst that follows the stock is $0.01. This value represents a 120.00% increase compared to the same quarter last year. In the past year EGAN has beat the expectations every quarter. The highest one was in the 1st calendar quarter where they beat the consensus by 75%. Zacks Investment Research reports that the 2023 Price to Earnings ratio for EGAN is -607.00 vs. an industry ratio of 284.10. High Tide Inc. (HITI)is reporting for the quarter ending July 31, 2023. The medical products company's consensus earnings per share forecast from the 4 analysts that follow the stock is $-0.04. This value represents a 33.33% decrease compared to the same quarter last year. HITI missed the consensus earnings per share in the 4th calendar quarter of 2022 by -20%. Zacks Investment Research reports that the 2023 Price to Earnings ratio for HITI is -15.58 vs. an industry ratio of -1.30. Dynagas LNG Partners LP (DLNG)is reporting for the quarter ending June 30, 2023. The transportation services company's consensus earnings per share forecast from the 1 analyst that follows the stock is $0.18. This value represents a 5.88% increase compared to the same quarter last year. Zacks Investment Research reports that the 2023 Price to Earnings ratio for DLNG is 3.76 vs. an industry ratio of 14.90. RF Industries, Ltd. (RFIL)is reporting for the quarter ending July 31, 2023. The semi-radio frequency company's consensus earnings per share forecast from the 1 analyst that follows the stock is $0.06. This value represents a 40.00% decrease compared to the same quarter last year. RFIL missed the consensus earnings per share in the 1st calendar quarter of 2023 by -125%. Zacks Investment Research reports that the 2023 Price to Earnings ratio for RFIL is 16.59 vs. an industry ratio of 12.80, implying that they will have a higher earnings growth than their competitors in the same industry. iPower Inc. (IPW)is reporting for the quarter ending June 30, 2023. The consumer company's consensus earnings per share forecast from the 1 analyst that follows the stock is $-0.03. This value represents a 40.00% increase compared to the same quarter last year. Zacks Investment Research reports that the 2023 Price to Earnings ratio for IPW is -3.05 vs. an industry ratio of 18.00. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""S&P Futures Climb Ahead of Key U.S. PPI Data, ECB Decision in Focus September S&P 500 futures (ESU23) are trending up +0.29% this morning after three major U.S. benchmark indices ended the regular session mixed as investors digested the latest U.S. inflation report while also bracing for crucial U.S. PPI data. In Wednesday\u2019s trading session, Moderna Inc (MRNA) climbed over +3% after the drugmaker said its flu vaccine mRNA-1010 met the primary goal in a late-stage trial. Also, JB Hunt Transport Services Inc (JBHT) gained more than +4% following the company\u2019s announcement that it anticipates a gradual rise in freight, attributed to retailers largely reducing excess inventories. In addition, Ford Motor Company (F) rose over +1% after the auto giant announced plans to double the production of its hybrid F-150 pickup trucks in 2024. On the bearish side, American Airlines Group (AAL) plunged more than -5% after the carrier cut its Q3 adjusted EPS guidance amid a jump in jet fuel prices. The Labor Department\u2019s report on Wednesday showed consumer prices rose +0.6% m/m in August, matching the consensus figure. On an annual basis, headline inflation rose +3.7% in August, accelerating from July\u2019s +3.2% reading. Economists had expected a growth of +3.6% y/y. At the same time, U.S. core CPI eased to +4.3% y/y in August from +4.7% y/y in July, the smallest increase in almost two years. \u201cNot a great CPI report, but not something that changes the basic Fed outlook. This Fed is not itching to hike again, and we think it would take significantly more to push the FOMC to actually deliver another increase - with our base case remaining, the Fed is done here,\u201d said Krishna Guha, vice chairman at Evercore ISI. Meanwhile, U.S. rate futures have priced in a 3.0% chance of a 25 basis point rate increase next week and a 39.0% probability of a 25 basis point rate hike at November\u2019s monetary policy meeting. On the earnings front, notable companies like Adobe (ADBE), Copart (CPRT), and Lennar (LEN) are set to report their quarterly figures today. In other news, shares of Arm Holdings Plc are due to start trading on Thursday on the Nasdaq Global Select Market, having priced its initial public offering at $51 per share, the top end of the range. Today, all eyes are focused on the U.S. Producer Price Index (PPI) in a couple of hours. Economists, on average, forecast that August U.S. PPI will stand at +0.4% m/m and +1.2% y/y, compared to the previous values of +0.3% m/m and +0.8% y/y. Also, investors will likely focus on U.S. Retail Sales data, which came in at +0.7% m/m in July. Economists foresee the August figure to be +0.2% m/m. U.S. Core PPI reading will also be closely watched today. Economists expect August figures to be +0.2% m/m and +2.2% y/y, compared to the previous numbers of +0.3% m/m and +2.4% y/y. U.S. Core Retail Sales data will come in today. Economists foresee this figure to stand at +0.4% m/m in August, compared to the previous number of +1.0% m/m. U.S. Initial Jobless Claims data will be reported today as well. Economists estimate this figure to be 225K, compared to last week\u2019s value of 216K. In the bond markets, United States 10-year rates are at 4.258%, up +0.24%. The Euro Stoxx 50 futures are up +0.05% this morning as market participants exercised caution in anticipation of the European Central Bank\u2019s monetary policy decision. Gains in mining and energy stocks are leading the overall market higher. At the same time, automobile stocks underperformed on Thursday following China\u2019s strong criticism of the European Union\u2019s investigation into electric vehicle subsidies. The ECB meets later in the session, and policymakers face the dilemma of either increasing the key interest rate to a record level or pausing the extended period of rate hikes due to the worsening economic situation in the Eurozone. Money markets are pricing in a two-thirds chance that the ECB will raise interest rates by a quarter of a percentage point. In corporate news, Deliveroo Plc (ROO.L.EB) climbed over +4% following a report from activist investor Sachem Capital, indicating their belief that the food delivery company might become a takeover target. The European economic data slate is mainly empty on Thursday. Asian stock markets today closed in the green. China\u2019s Shanghai Composite Index (SHCOMP) closed up +0.11%, and Japan\u2019s Nikkei 225 Stock Index (NIK) closed up +1.41%. China\u2019s Shanghai Composite today closed slightly higher, with investors continuing to seek policy measures and signs of an economic recovery. According to an unnamed senior central bank official, a publication affiliated with the People\u2019s Bank of China said on Wednesday that China\u2019s central bank intends to stimulate demand and support a moderate price rebound. Meanwhile, mainland property developers traded in Hong Kong retreated on Thursday after Moody\u2019s cut China\u2019s property sector\u2019s outlook to negative from stable, citing economic growth challenges. Investor focus is now squarely on Chinese retail sales and industrial production data for August, due on Friday. Japan\u2019s Nikkei 225 Stock Index closed sharply higher today, touching its highest level in a week after a series of weak economic readings bolstered bets that the Bank of Japan will need to retain negative interest rates for the foreseeable future. Also, Economic Revitalization Minister Yoshitaka Shindo emphasized the necessity for strong economic measures. Data on Thursday indicated a sharp drop in Japanese core machinery orders for July, reflecting a decline in business confidence among the country\u2019s largest manufacturers. Separately, data showed that Japan\u2019s industrial production declined in July, marking the third drop since the beginning of the year. Meanwhile, chip stocks gained ground on Thursday, with chip-making equipment maker Tokyo Electron climbing over +3% and chip-testing equipment maker Advantest rising about +2%. In other corporate news, H.I.S. Co Ltd plunged over -7% even after the travel agent narrowed its net loss for the nine months through July. The Nikkei Volatility, which takes into account the implied volatility of Nikkei 225 options, closed down -2.49% to 16.07. The Japanese July Core Machinery Orders came in at -1.1% m/m and -13.0% y/y, weaker than expectations of -0.9% m/m and -10.7% y/y. The Japanese July Industrial Production stood at -1.8% m/m, stronger than expectations of -2.0% m/m. Pre-Market U.S. Stock Movers Purecycle Technologies Holdings Corp (PCT) plunged more than -14% in pre-market trading after declaring force majeure due to storm impact on Ironton. MetLife Inc (MET) gained over +1% in pre-market trading after Jefferies upgraded the stock to Buy from Hold. OKYO Pharma (OKYO) tumbled more than -20% in pre-market trading after the company filed to sell its ordinary shares in an underwritten public offering. Carnival Corporation (CCL) rose over +1% in pre-market trading after Redburn upgraded the stock to Buy from Neutral. First Solar Inc (FSLR) climbed more than +2% in pre-market trading after BMO Capital upgraded the stock to Outperform from Market Perform. You can see more pre-market stock movers here Today\u2019s U.S. Earnings Spotlight: Thursday - September 14th Adobe (ADBE), Copart (CPRT), Lennar (LEN), MYT Netherlands (MYTE), Innate Pharma (IPHA), eGain (EGAN). More Stock Market News from Barchart Stocks Waver after a Mixed U.S. CPI Report Buy the Dip: These 2 Stocks Have Traded Lower for 5 Consecutive Days 3 Stocks to Avoid as Oil Prices Soar What Would $10,000 Invested in Tesla Stock at its IPO Be Worth Now? On the date of publication, Oleksandr Pylypenko did not have (either directly or indirectly) positions in any of the securities mentioned in this article. All information and data in this article is solely for informational purposes. For more information please view the Barchart Disclosure Policy here. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Copart Q4 23 Earnings Conference Call At 5:30 PM ET (RTTNews) - Copart, Inc. (CPRT) will host a conference call at 5:30 PM ET on Sept. 14, 2023, to discuss Q4 23 earnings results. To access the live webcast, log on to https://event.choruscall.com/mediaframe/webcast.html?webcastid=b9ZGekvV The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.""]"
CPRT,2023-09-15,44.775,45.2,42.69,43.88,"[""Baird Maintains Copart (CPRT) Outperform Recommendation Fintel reports that on September 15, 2023, Baird maintained coverage of Copart (NASDAQ:CPRT) with a Outperform recommendation. Analyst Price Forecast Suggests 4.78% Upside As of August 31, 2023, the average one-year price target for Copart is 46.99. The forecasts range from a low of 39.39 to a high of $55.65. The average price target represents an increase of 4.78% from its latest reported closing price of 44.85. See our leaderboard of companies with the largest price target upside. The projected annual revenue for Copart is 3,827MM, a decrease of 1.10%. The projected annual non-GAAP EPS is 2.35. For more in-depth coverage of Copart, view the free, crowd-sourced company research report on Finpedia. What is the Fund Sentiment? There are 1742 funds or institutions reporting positions in Copart. This is an increase of 56 owner(s) or 3.32% in the last quarter. Average portfolio weight of all funds dedicated to CPRT is 0.51%, an increase of 8.87%. Total shares owned by institutions decreased in the last three months by 0.83% to 460,742K shares. The put/call ratio of CPRT is 0.55, indicating a bullish outlook. What are Other Shareholders Doing? Principal Financial Group holds 20,226K shares representing 2.12% ownership of the company. In it's prior filing, the firm reported owning 21,671K shares, representing a decrease of 7.14%. The firm increased its portfolio allocation in CPRT by 4.84% over the last quarter. Alliancebernstein holds 18,013K shares representing 1.89% ownership of the company. In it's prior filing, the firm reported owning 18,055K shares, representing a decrease of 0.23%. The firm increased its portfolio allocation in CPRT by 15.33% over the last quarter. VTSMX - Vanguard Total Stock Market Index Fund Investor Shares holds 13,363K shares representing 1.40% ownership of the company. In it's prior filing, the firm reported owning 13,265K shares, representing an increase of 0.74%. The firm increased its portfolio allocation in CPRT by 12.72% over the last quarter. PMSBX - MidCap Fund (f holds 12,712K shares representing 1.33% ownership of the company. In it's prior filing, the firm reported owning 13,030K shares, representing a decrease of 2.51%. The firm increased its portfolio allocation in CPRT by 20.25% over the last quarter. VFINX - Vanguard 500 Index Fund Investor Shares holds 10,213K shares representing 1.07% ownership of the company. In it's prior filing, the firm reported owning 10,003K shares, representing an increase of 2.06%. The firm increased its portfolio allocation in CPRT by 12.14% over the last quarter. Copart Background Information (This description is provided by the company.) Copart, Inc., founded in 1982, is a global leader in online vehicle auctions. Copart's innovative technology and online auction platform links sellers to more than 750,000 Members in over 170 countries. The company offers services to process and sell salvage and clean title vehicles to dealers, dismantlers, rebuilders, exporters and, in some cases, to end users. Copart sells vehicles on behalf of insurance companies, banks, finance companies, charities, fleet operators, dealers, and individual owners. With operations at over 200 locations in 11 countries, Copart has more than 170,000 vehicles available online every day. Copart currently operates in the United States (Copart.com), Canada (Copart.ca), the United Kingdom (Copart.co.uk), the Republic of Ireland (Copart.ie), Brazil (Copart.com.br), Germany (Copart.de), Finland (Copart.fi), the United Arab Emirates, Oman and Bahrain (Copartmea.com), and Spain (Copart.es). Fintel is one of the most comprehensive investing research platforms available to individual investors, traders, financial advisors, and small hedge funds. Our data covers the world, and includes fundamentals, analyst reports, ownership data and fund sentiment, options sentiment, insider trading, options flow, unusual options trades, and much more. Additionally, our exclusive stock picks are powered by advanced, backtested quantitative models for improved profits. Click to Learn More This story originally appeared on Fintel. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Copart (CPRT) Q4 Earnings & Revenues Surpass Estimates Copart, Inc. CPRT reported fourth-quarter fiscal 2023 (ended Jul 31, 2023) adjusted earnings per share of 34 cents, beating the Zacks Consensus Estimate of 31 cents. The bottom line also increased 21.4% year over year. The online auto auction leader generated revenues of $997.6 million, beating the Zacks Consensus Estimate of $950 million. The top line also increased by 12.9% from the year-ago reported figure. Copart, Inc. Price, Consensus and EPS Surprise Copart, Inc. price-consensus-eps-surprise-chart | Copart, Inc. Quote Key Stats CPRT\u2019s fiscal fourth-quarter service revenues came in at $834.2 million, up from $707.8 million recorded in the year-ago period, outpacing our estimate of $784.8 million. Service revenues accounted for 83.6% of the total revenues. Vehicle sales totaled $163.3 million in the quarter, down from the prior year\u2019s level of $175.6 million. The figure, however, surpassed our estimate of $156.9 million. Gross profit was up 19.9% year over year to $457.6 million. Total operating expenses flared up 8.7% to $606.9 million. General and administrative expenses rose 28.4% from the prior-year quarter to $55.5 million. Operating income rose to $390.6 million from $324.8 million recorded in the year-ago quarter. Net income also shot up 31.9% year over year to $347.8 million. Copart had cash, cash equivalents and restricted cash of $957.4 million as of Jul 31, 2023 compared with $1,384.2 million as of Jul 31, 2022. Long-term debt rose to $10.9 million at the end of the reported quarter from roughly $2 million as of Jul 31, 2022. Zacks Rank & Other Key Picks CPRT currently carries a Zacks Rank #2 (Buy). Some other top-ranked players in the auto space are Oshkosh Corporation OSK, Gentex Corporation GNTX and Allison Transmission Holdings, Inc. ALSN, each currently sporting a Zacks Rank #1 (Strong Buy). You can see the complete list of today\u2019s Zacks #1 Rank stocks here. The Zacks Consensus Estimate for OSK\u2019s 2023 sales and earnings implies year-over-year growth of 15% and 126.9%, respectively. The EPS estimate for 2023 and 2024 has moved north by 23 cents and 18 cents, respectively, in the past 30 days. The Zacks Consensus Estimate for GNTX\u2019s 2023 sales and earnings indicates year-over-year rises of 17.3% and 29.4%, respectively. The EPS estimates for 2023 and 2024 have moved up by 9 cents each in the past 60 days. The Zacks Consensus Estimate for ALSN\u2019s 2023 sales and earnings suggests year-over-year increases of 9.4% and 25.3%, respectively. The EPS estimate for 2023 and 2024 has moved up by 39 cents and 43 cents, respectively, in the past 60 days. Zacks Names #1 Semiconductor Stock It's only 1/9,000th the size of NVIDIA which skyrocketed more than +800% since we recommended it. NVIDIA is still strong, but our new top chip stock has much more room to boom. With strong earnings growth and an expanding customer base, it's positioned to feed the rampant demand for Artificial Intelligence, Machine Learning, and Internet of Things. Global semiconductor manufacturing is projected to explode from $452 billion in 2021 to $803 billion by 2028. See This Stock Now for Free >> Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Copart, Inc. (CPRT) : Free Stock Analysis Report Allison Transmission Holdings, Inc. (ALSN) : Free Stock Analysis Report Oshkosh Corporation (OSK) : Free Stock Analysis Report Gentex Corporation (GNTX) : Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.""]"
CPRT,2023-09-18,43.97,45.205,43.89,44.43,"[""Nasdaq 100 Movers: MRNA, SIRI In early trading on Monday, shares of Sirius XM Holdings topped the list of the day's best performing components of the Nasdaq 100 index, trading up 4.4%. Year to date, Sirius XM Holdings has lost about 28.7% of its value. And the worst performing Nasdaq 100 component thus far on the day is Moderna, trading down 4.6%. Moderna is lower by about 39.1% looking at the year to date performance. Two other components making moves today are Tesla, trading down 3.0%, and Copart, trading up 3.0% on the day. VIDEO: Nasdaq 100 Movers: MRNA, SIRI The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""S&P 500 Movers: MRNA, CPRT In early trading on Monday, shares of Copart topped the list of the day's best performing components of the S&P 500 index, trading up 2.6%. Year to date, Copart registers a 47.8% gain. And the worst performing S&P 500 component thus far on the day is Moderna, trading down 5.5%. Moderna is lower by about 39.7% looking at the year to date performance. Two other components making moves today are Incyte, trading down 5.0%, and Intuitive Surgical, trading up 2.5% on the day. VIDEO: S&P 500 Movers: MRNA, CPRT The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Is Copart (CPRT) Stock Outpacing Its Business Services Peers This Year? The Business Services group has plenty of great stocks, but investors should always be looking for companies that are outperforming their peers. Copart, Inc. (CPRT) is a stock that can certainly grab the attention of many investors, but do its recent returns compare favorably to the sector as a whole? A quick glance at the company's year-to-date performance in comparison to the rest of the Business Services sector should help us answer this question. Copart, Inc. is a member of our Business Services group, which includes 329 different companies and currently sits at #12 in the Zacks Sector Rank. The Zacks Sector Rank considers 16 different groups, measuring the average Zacks Rank of the individual stocks within the sector to gauge the strength of each group. The Zacks Rank emphasizes earnings estimates and estimate revisions to find stocks with improving earnings outlooks. This system has a long record of success, and these stocks tend to be on track to beat the market over the next one to three months. Copart, Inc. is currently sporting a Zacks Rank of #2 (Buy). The Zacks Consensus Estimate for CPRT's full-year earnings has moved 3.4% higher within the past quarter. This signals that analyst sentiment is improving and the stock's earnings outlook is more positive. Based on the latest available data, CPRT has gained about 44.1% so far this year. At the same time, Business Services stocks have gained an average of 12%. As we can see, Copart, Inc. is performing better than its sector in the calendar year. Another stock in the Business Services sector, Crawford & Company B (CRD.B), has outperformed the sector so far this year. The stock's year-to-date return is 75.5%. Over the past three months, Crawford & Company B's consensus EPS estimate for the current year has increased 4.3%. The stock currently has a Zacks Rank #2 (Buy). Looking more specifically, Copart, Inc. belongs to the Auction and Valuation Services industry, a group that includes 2 individual stocks and currently sits at #6 in the Zacks Industry Rank. This group has gained an average of 44.3% so far this year, so CPRT is slightly underperforming its industry in this area. Crawford & Company B, however, belongs to the Business - Services industry. Currently, this 25-stock industry is ranked #201. The industry has moved +16.2% so far this year. Copart, Inc. and Crawford & Company B could continue their solid performance, so investors interested in Business Services stocks should continue to pay close attention to these stocks. The New Gold Rush: How Lithium Batteries Will Make Millionaires As the electric vehicle revolution expands, investors have a chance to target huge gains. Millions of lithium batteries are being made & demand is expected to increase 889%. Download the brand-new FREE report revealing 5 EV battery stocks set to soar. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Copart, Inc. (CPRT) : Free Stock Analysis Report Crawford & Company (CRD.B) : Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.""]"
CPRT,2023-09-19,44.43,44.775,43.89,44.57,"Auto Roundup: CPRT's Q4 Earnings, BMW's $750M Investment & More The contract between United Auto Workers (UAW) and Detroit Three automakers expired on Sep 14 at midnight. Despite the automakers making unprecedented wage hike offers, negotiations hit an impasse in the final stages. Both parties failed to reach a consensus on a new labor contract by the deadline. As expected, the UAW, standing firm on its demands, initiated a simultaneous strike against all three major American automakers. (UAW's Landmark Strike Shakes Up Detroit's Big 3 Automakers) Meanwhile, as electric vehicles (EVs) are becoming more popular, legacy automakers are fast changing gears to e-mobility. However, the EV landscape is fraught with challenges, including high costs for a swift e-mobility shift, leading to unprecedented collaborations in the auto industry. In a groundbreaking move, three auto giants, BMW Group BMWYY, Ford F and Honda HMC announced a joint venture — ChargeScape, LLC — last week. ChargeScape strives to enhance electric grid reliability and sustainability, accelerating the adoption of smart charging and vehicle-to-everything solutions nationwide. In other news, U.S. auto-titan Ford intends to add an optional heads-up display and a built-in 5G modem to its 2024 F-150 truck lineup. The hybrid powertrain option will now cost the same as the 5L engine option. Germany-based auto biggie BMW announced plans to invest $750 million in a U.K. facility to make its Mini brand all-electric by 2030. EV king Tesla TSLA and its suppliers will invest $15 billion in a Mexico gigafactory over the next two years, per the state governor. The investment is thrice the amount previously announced by the officials. The online auto auction leader, Copart CPRT also made it to the top stories as it delivered a comprehensive beat in fourth-quarter fiscal 2023. Last Week’s Top Stories 1. Tesla and its suppliers are set to invest $15 billion in a gigafactory in Mexico over the next two years, said Nuevo Leon Governor Samuel Garcia. The amount is three times greater than the figure reported previously by Mexican officials. In March, Elon Musk, CEO of Tesla, said that the company plans to open a gigafactory in northern Nuevo Leon state to expand its global footprint. At that time, Musk did not disclose the investment amount but Mexican officials said the factory would require nearly $5 billion in investment. Tesla hasn’t yet disclosed the starting date of the gigafactory’s construction or the start of vehicle production in the same factory. Per one of Reuters’ previous reports, the automaker has plans to start electric vehicle production in Mexico in 2025. Per the previous report, Tesla’s $25,000 electric car and the robotaxi were supposed to be built on a next-generation platform. The platform was supposed to make its debut at Gigafactory Mexico but that looks unlikely. Reportedly, the company has decided to relocate the initial production of their next-generation EV from Mexico to Austin. As a result, both the development and initial manufacturing phases will now be centered at the Texas Gigafactory. 2. Ford, Honda, and BMW's joint venture — ChargeScape — is aimed at creating a single, cost-effective platform, bridging the gap between EV drivers, automakers and utility companies. ChargeScape seeks to streamline interactions between automakers and electric utility providers. This platform will provide North American grid-managing utility companies access to a potentially universal energy pool stored in EV batteries, taking advantage of bidirectional charging capabilities. With many EVs equipped with bidirectional charging, these vehicles can both draw and feed energy back to the grid. This two-way energy flow positions EVs not only as transport vehicles but also as pivotal contributors to energy stability. Ford, BMW, and Honda's venture, ChargeScape, aims to optimize this, eliminating the need for multiple negotiations with utility providers. The move will simplify logistics for automakers and utilities, making energy from various EVs accessible through a single platform. EV owners can also benefit from ChargeScape, using it to optimize charging times and potentially share their vehicle's energy with the grid during peak demand, contributing to grid stability and renewable energy utilization. 3. Copart reported fourth-quarter fiscal 2023 (ended Jul 31, 2023) adjusted earnings per share of 34 cents, beating the Zacks Consensus Estimate of 31 cents. The bottom line also increased 21.4% year over year. The company generated revenues of $997.6 million, beating the Zacks Consensus Estimate of $950 million. The top line also increased by 12.9% from the year-ago reported figure. CPRT currently carries a Zacks Rank #2 (Buy). You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here. CPRT’s fiscal fourth-quarter service revenues came in at $834.2 million, up from $707.8 million recorded in the year-ago period. Service revenues outpaced our estimate of $784.8 million and accounted for 83.6% of the total revenues. Vehicle sales totaled $163.3 million in the quarter, down from the prior year’s level of $175.6 million. The figure, however, surpassed our estimate of $156.9 million.Copart had cash, cash equivalents and restricted cash of $957.4 million as of Jul 31, 2023 compared with $1,384.2 million as of Jul 31, 2022. Long-term debt rose to $10.9 million at the end of the reported quarter from roughly $2 million as of Jul 31, 2022. 4. For the 2024 model year, Ford is expanding its F-150 lineup with more hybrid powertrain choices for various trims, introducing optional features like a heads-up display and a built-in 5G modem. In the first half of 2023, Ford experienced a 28.1% increase in hybrid truck sales, with hybrids now accounting for 10% of all F-150 sales. For 2024, Ford plans to double the availability of hybrid trucks to make this technology more accessible to customers. The PowerBoost hybrid option for the F-150 will be priced at the same level as the 3.5-liter EcoBoost engine. A 5G modem, previously exclusive to SuperDuty pickup trucks, will be included in the new F-150, as well as the upcoming Lincoln Nautilus SUV. Ford's over-the-air updates will be available for automatic software installations, and a voice feedback option will enable quick reporting of technical issues. The F-150 will feature the latest Sync 4 software on a 12-inch infotainment display. Additionally, Ford is introducing Stolen Vehicle Services in North America. 5. BMW announced plans to invest $750 million in a U.K. facility. The money will be utilized to revamp the Oxford plant to produce a fully electric Mini. BMW plans to electrify its Mini brand by 2030. In 2021, the BMW Group marque Mini revealed its intention to discontinue the sale of gas cars entirely by 2030. The automaker will start manufacturing two electric cars at its Oxford plant from 2026. These two models are the Cooper 3-door and the compact crossover Mini Aceman. Milan Nedeljkovic, production chief of BMW, said that the company wants to use made-in-Europe batteries in the new models. The German carmaker said that the production volume will become entirely electric by 2030 and the investments in the Swindon, Hams Hall and Oxford plants will cross $3 billion since 2000. The Oxford facility has been manufacturing electric Mini’s since 2019 but will turn 110 this year. The assembly of the Cooper 3-door and Aceman will begin in China and models will be ready for export by early 2024. Price Performance The following table shows the price movement of some of the major auto players over the last week and the six-month period. Image Source: Zacks Investment Research What's Next in the Auto Space? Stay tuned for updates on the UAW strike against the Detroit 3 automakers. Industry watchers will keep a tab on August new car registration data to be released by the European Automobile Manufacturers Association soon. 7 Best Stocks for the Next 30 Days Just released: Experts distill 7 elite stocks from the current list of 220 Zacks Rank #1 Strong Buys. They deem these tickers ""Most Likely for Early Price Pops."" Since 1988, the full list has beaten the market more than 2X over with an average gain of +24.3% per year. So be sure to give these hand-picked 7 your immediate attention. See them now >> Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Ford Motor Company (F) : Free Stock Analysis Report Honda Motor Co., Ltd. (HMC) : Free Stock Analysis Report Tesla, Inc. (TSLA) : Free Stock Analysis Report Copart, Inc. (CPRT) : Free Stock Analysis Report Bayerische Motoren Werke AG Sponsored ADR (BMWYY) : Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
CPRT,2023-09-20,44.7,44.89,44.0,44.02,"The Zacks Analyst Blog Highlights BMW Group, Ford, Honda, Tesla and Copart For Immediate Release Chicago, IL – September 20, 2023 – Zacks.com announces the list of stocks featured in the Analyst Blog. Every day the Zacks Equity Research analysts discuss the latest news and events impacting stocks and the financial markets. Stocks recently featured in the blog include: BMW Group BMWYY, Ford F, Honda HMC, Tesla TSLA and Copart CPRT. Here are highlights from Tuesday’s Analyst Blog: Auto Stock Roundup: UAW Strike Update & More The contract between United Auto Workers (UAW) and Detroit Three automakers expired on Sep 14 at midnight. Despite the automakers making unprecedented wage hike offers, negotiations hit an impasse in the final stages. Both parties failed to reach a consensus on a new labor contract by the deadline. As expected, the UAW, standing firm on its demands, initiated a simultaneous strike against all three major American automakers. (UAW's Landmark Strike Shakes Up Detroit's Big 3 Automakers) Meanwhile, as electric vehicles (EVs) are becoming more popular, legacy automakers are fast changing gears to e-mobility. However, the EV landscape is fraught with challenges, including high costs for a swift e-mobility shift, leading to unprecedented collaborations in the auto industry. In a groundbreaking move, three auto giants, BMW Group, Ford and Honda announced a joint venture — ChargeScape, LLC — last week. ChargeScape strives to enhance electric grid reliability and sustainability, accelerating the adoption of smart charging and vehicle-to-everything solutions nationwide. In other news, U.S. auto-titan Ford intends to add an optional heads-up display and a built-in 5G modem to its 2024 F-150 truck lineup. The hybrid powertrain option will now cost the same as the 5L engine option. Germany-based auto biggie BMW announced plans to invest $750 million in a U.K. facility to make its Mini brand all-electric by 2030. EV king Tesla and its suppliers will invest $15 billion in a Mexico gigafactory over the next two years, per the state governor. The investment is three-times the amount previously announced by the officials. The online auto auction leader, Copart also made it to the top stories as it delivered a comprehensive beat in fourth-quarter fiscal 2023. Last Week's Top Stories 1. Tesla and its suppliers are set to invest $15 billion in a gigafactory in Mexico over the next two years, said Nuevo Leon Governor Samuel Garcia. The amount is three times greater than the figure reported previously by Mexican officials. In March, Elon Musk, CEO of Tesla, said that the company plans to open a gigafactory in northern Nuevo Leon state to expand its global footprint. At that time, Musk did not disclose the investment amount but Mexican officials said the factory would require nearly $5 billion in investment. Tesla hasn't yet disclosed the starting date of the gigafactory's construction or the start of vehicle production in the same factory. Per one of Reuters' previous reports, the automaker has plans to start electric vehicle production in Mexico in 2025. Per the previous report, Tesla's $25,000 electric car and the robotaxi were supposed to be built on a next-generation platform. The platform was supposed to make its debut at Gigafactory Mexico but that looks unlikely. Reportedly, the company has decided to relocate the initial production of their next-generation EV from Mexico to Austin. As a result, both the development and initial manufacturing phases will now be centered at the Texas Gigafactory. 2. Ford, Honda, and BMW's joint venture — ChargeScape — is aimed at creating a single, cost-effective platform, bridging the gap between EV drivers, automakers and utility companies. ChargeScape seeks to streamline interactions between automakers and electric utility providers. This platform will provide North American grid-managing utility companies access to a potentially universal energy pool stored in EV batteries, taking advantage of bidirectional charging capabilities. With many EVs equipped with bidirectional charging, these vehicles can both draw and feed energy back to the grid. This two-way energy flow positions EVs not only as transport vehicles but also as pivotal contributors to energy stability. Ford, BMW, and Honda's venture, ChargeScape, aims to optimize this, eliminating the need for multiple negotiations with utility providers. The move will simplify logistics for automakers and utilities, making energy from various EVs accessible through a single platform. EV owners can also benefit from ChargeScape, using it to optimize charging times and potentially share their vehicle's energy with the grid during peak demand, contributing to grid stability and renewable energy utilization. 3. Copart reported fourth-quarter fiscal 2023 (ended Jul 31, 2023) adjusted earnings per share of 34 cents, beating the Zacks Consensus Estimate of 31 cents. The bottom line also increased 21.4% year over year. The company generated revenues of $997.6 million, beating the Zacks Consensus Estimate of $950 million. The top line also increased by 12.9% from the year-ago reported figure. CPRT currently carries a Zacks Rank #2 (Buy). You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here. CPRT's fiscal fourth-quarter service revenues came in at $834.2 million, up from $707.8 million recorded in the year-ago period. Service revenues outpaced our estimate of $784.8 million and accounted for 83.6% of the total revenues. Vehicle sales totaled $163.3 million in the quarter, down from the prior year's level of $175.6 million. The figure, however, surpassed our estimate of $156.9 million.Copart had cash, cash equivalents and restricted cash of $957.4 million as of Jul 31, 2023 compared with $1,384.2 million as of Jul 31, 2022. Long-term debt rose to $10.9 million at the end of the reported quarter from roughly $2 million as of Jul 31, 2022. 4. For the 2024 model year, Ford is expanding its F-150 lineup with more hybrid powertrain choices for various trims, introducing optional features like a heads-up display and a built-in 5G modem. In the first half of 2023, Ford experienced a 28.1% increase in hybrid truck sales, with hybrids now accounting for 10% of all F-150 sales. For 2024, Ford plans to double the availability of hybrid trucks to make this technology more accessible to customers. The PowerBoost hybrid option for the F-150 will be priced at the same level as the 3.5-liter EcoBoost engine. A 5G modem, previously exclusive to SuperDuty pickup trucks, will be included in the new F-150, as well as the upcoming Lincoln Nautilus SUV. Ford's over-the-air updates will be available for automatic software installations, and a voice feedback option will enable quick reporting of technical issues. The F-150 will feature the latest Sync 4 software on a 12-inch infotainment display. Additionally, Ford is introducing Stolen Vehicle Services in North America. 5. BMW announced plans to invest $750 million in a U.K. facility. The money will be utilized to revamp the Oxford plant to produce a fully electric Mini. BMW plans to electrify its Mini brand by 2030. In 2021, the BMW Group marque Mini revealed its intention to discontinue the sale of gas cars entirely by 2030. The automaker will start manufacturing two electric cars at its Oxford plant from 2026. These two models are the Cooper 3-door and the compact crossover Mini Aceman. Milan Nedeljkovic, production chief of BMW, said that the company wants to use made-in-Europe batteries in the new models. The German carmaker said that the production volume will become entirely electric by 2030 and the investments in the Swindon, Hams Hall and Oxford plants will cross $3 billion since 2000. The Oxford facility has been manufacturing electric Mini's since 2019 but will turn 110 this year. The assembly of the Cooper 3-door and Aceman will begin in China and models will be ready for export by early 2024. What's Next in the Auto Space? Stay tuned for updates on the UAW strike against the Detroit 3 automakers. Industry watchers will keep a tab on August new car registration data to be released by the European Automobile Manufacturers Association soon. Why Haven't You Looked at Zacks' Top Stocks? Since 2000, our top stock-picking strategies have blown away the S&P's +6.2 average gain per year. Amazingly, they soared with average gains of +46.4%, +49.5% and +55.2% per year. Today you can access their live picks without cost or obligation. See Stocks Free >> Media Contact Zacks Investment Research 800-767-3771 ext. 9339 support@zacks.com https://www.zacks.com Past performance is no guarantee of future results. Inherent in any investment is the potential for loss. This material is being provided for informational purposes only and nothing herein constitutes investment, legal, accounting or tax advice, or a recommendation to buy, sell or hold a security. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. It should not be assumed that any investments in securities, companies, sectors or markets identified and described were or will be profitable. All information is current as of the date of herein and is subject to change without notice. Any views or opinions expressed may not reflect those of the firm as a whole. Zacks Investment Research does not engage in investment banking, market making or asset management activities of any securities. These returns are from hypothetical portfolios consisting of stocks with Zacks Rank = 1 that were rebalanced monthly with zero transaction costs. These are not the returns of actual portfolios of stocks. The S&P 500 is an unmanaged index. Visit https://www.zacks.com/performance for information about the performance numbers displayed in this press release. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Ford Motor Company (F) : Free Stock Analysis Report Honda Motor Co., Ltd. (HMC) : Free Stock Analysis Report Tesla, Inc. (TSLA) : Free Stock Analysis Report Copart, Inc. (CPRT) : Free Stock Analysis Report Bayerische Motoren Werke AG Sponsored ADR (BMWYY) : Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
CPRT,2023-09-21,43.77,43.94,43.13,43.14,"Copart, Inc. (CPRT) Dips More Than Broader Markets: What You Should Know In the latest trading session, Copart, Inc. (CPRT) closed at $43.14, marking a -2% move from the previous day. This move lagged the S&P 500's daily loss of 1.64%. At the same time, the Dow lost 1.08%, and the tech-heavy Nasdaq lost 1.82%. Prior to today's trading, shares of the company had lost 2.35% over the past month. This has lagged the Business Services sector's gain of 1.38% and the S&P 500's gain of 0.89% in that time. Copart, Inc. will be looking to display strength as it nears its next earnings release. The company is expected to report EPS of $0.32, up 23.08% from the prior-year quarter. Our most recent consensus estimate is calling for quarterly revenue of $977.79 million, up 9.45% from the year-ago period. For the full year, our Zacks Consensus Estimates are projecting earnings of $1.39 per share and revenue of $4.16 billion, which would represent changes of +10.32% and +7.45%, respectively, from the prior year. Investors might also notice recent changes to analyst estimates for Copart, Inc.Recent revisions tend to reflect the latest near-term business trends. As a result, we can interpret positive estimate revisions as a good sign for the company's business outlook. Based on our research, we believe these estimate revisions are directly related to near-team stock moves. Investors can capitalize on this by using the Zacks Rank. This model considers these estimate changes and provides a simple, actionable rating system. Ranging from #1 (Strong Buy) to #5 (Strong Sell), the Zacks Rank system has a proven, outside-audited track record of outperformance, with #1 stocks returning an average of +25% annually since 1988. The Zacks Consensus EPS estimate has moved 2.89% higher within the past month. Copart, Inc. is currently a Zacks Rank #2 (Buy). Looking at its valuation, Copart, Inc. is holding a Forward P/E ratio of 31.74. For comparison, its industry has an average Forward P/E of 31.74, which means Copart, Inc. is trading at a no noticeable deviation to the group. The Auction and Valuation Services industry is part of the Business Services sector. This group has a Zacks Industry Rank of 7, putting it in the top 3% of all 250+ industries. The Zacks Industry Rank includes is listed in order from best to worst in terms of the average Zacks Rank of the individual companies within each of these sectors. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1. To follow CPRT in the coming trading sessions, be sure to utilize Zacks.com. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Copart, Inc. (CPRT) : Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
CPRT,2023-09-22,43.19,43.54,43.06,43.16,
CPRT,2023-09-25,43.01,43.37,42.89,43.37,
CPRT,2023-09-26,43.34,43.43,42.7,42.73,
CPRT,2023-09-27,43.04,43.3,42.69,43.05,
CPRT,2023-09-28,43.09,43.81,42.815,43.43,"Copart, Inc. (CPRT) Outpaces Stock Market Gains: What You Should Know In the latest trading session, Copart, Inc. (CPRT) closed at $43.43, marking a +0.88% move from the previous day. This move outpaced the S&P 500's daily gain of 0.59%. Elsewhere, the Dow gained 0.35%, while the tech-heavy Nasdaq added 0.83%. Coming into today, shares of the company had lost 4.48% in the past month. In that same time, the Business Services sector lost 3.08%, while the S&P 500 lost 2.84%. Investors will be hoping for strength from Copart, Inc. as it approaches its next earnings release. The company is expected to report EPS of $0.32, up 23.08% from the prior-year quarter. Meanwhile, our latest consensus estimate is calling for revenue of $977.79 million, up 9.45% from the prior-year quarter. For the full year, our Zacks Consensus Estimates are projecting earnings of $1.39 per share and revenue of $4.16 billion, which would represent changes of +10.32% and +7.45%, respectively, from the prior year. It is also important to note the recent changes to analyst estimates for Copart, Inc.These recent revisions tend to reflect the evolving nature of short-term business trends. As a result, we can interpret positive estimate revisions as a good sign for the company's business outlook. Based on our research, we believe these estimate revisions are directly related to near-team stock moves. Investors can capitalize on this by using the Zacks Rank. This model considers these estimate changes and provides a simple, actionable rating system. The Zacks Rank system, which ranges from #1 (Strong Buy) to #5 (Strong Sell), has an impressive outside-audited track record of outperformance, with #1 stocks generating an average annual return of +25% since 1988. Within the past 30 days, our consensus EPS projection has moved 2.89% higher. Copart, Inc. currently has a Zacks Rank of #2 (Buy). In terms of valuation, Copart, Inc. is currently trading at a Forward P/E ratio of 31.04. For comparison, its industry has an average Forward P/E of 31.04, which means Copart, Inc. is trading at a no noticeable deviation to the group. The Auction and Valuation Services industry is part of the Business Services sector. This industry currently has a Zacks Industry Rank of 5, which puts it in the top 2% of all 250+ industries. The Zacks Industry Rank gauges the strength of our industry groups by measuring the average Zacks Rank of the individual stocks within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1. To follow CPRT in the coming trading sessions, be sure to utilize Zacks.com. Top 5 ChatGPT Stocks Revealed Zacks Senior Stock Strategist, Kevin Cook names 5 hand-picked stocks with sky-high growth potential in a brilliant sector of Artificial Intelligence. By 2030, the AI industry is predicted to have an internet and iPhone-scale economic impact of $15.7 Trillion. Today you can invest in the wave of the future, an automation that answers follow-up questions … admits mistakes … challenges incorrect premises … rejects inappropriate requests. As one of the selected companies puts it, “Automation frees people from the mundane so they can accomplish the miraculous.” Download Free ChatGPT Stock Report Right Now >> Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Copart, Inc. (CPRT) : Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
CPRT,2023-09-29,43.66,43.875,42.96,43.09,
CPRT,2023-10-02,43.31,43.77,42.97,43.62,"Momentum Monday: Top Ranked Stocks are Setting Up for a Year End Rally Want to start the week ahead of the pack? Check out Momentum Mondays, where I cover the leading breakout stocks in the market, summarize the major events of the week ahead, and prepare investors for profitable trading. Today, we will be taking a look at the broad stock market indexes to summarize the action of the last few weeks, then we will take a look at theeconomic calendarto address any market moving data coming our way. And finally, I will share four compelling technical trade setups in stocks with top Zacks Ranks. Market Summary The stock market has experienced a challenging couple of weeks with the S&P 500 selling off -8% from its high in late July, while the Nasdaq 100 corrected by nearly -10%. The main driver of this sell off was likely rhetoric from Jerome Powell and the Fed regarding its interest rate policy. At the most recent meeting Fed Chair Powell basically indicated that the Fed would maintain rates ‘higher for longer,’ as he and his committee see a robust economic landscape, with near full employment, and strong growth prospects, but inflation that remains too high. This hawkish take is understandable, and with the winds of a strong economy at its back, the Fed has the flexibility to be hawkish. However, I think this was Jerome Powell doing his best to manage investor expectations. By presenting the most conservative plan going forward, he gives himself the opportunity to become more dovish if unemployment picks up, the economy slows, or inflation surprises to the downside. Furthermore, even though some market participants have been rattled by the action in stocks over the last couple of weeks, I think the setup is quite bullish into the year end. The Nasdaq 100 has found a convincing level of support and looks to be building out a bull flag. If the index can hold this level, I think investors can expect more upside here. Additionally, the final quarter of the year is historically the strongest period according to seasonality studies, adding another bullish catalyst to the mix. Image Source: TrtadingView Economic Data It is a relatively busy week regarding economic data releases, although the really important data will come out Thursday and Friday morning. On Monday we will see Manufacturing PMI, ISM Manufacturing and Construction spending. Tuesday, Job openings data. Wednesday, ADP employment, services PMI, and ISM services. Then on Thursday, we get the Initial Jobless Claims numbers and US trade deficit, and Friday will be the US unemployment report, which includes the unemployment rate, and wage data. As I noted before, employment data is going to be critical to the Fed’s interest rate policy going forward. The market is currently in this odd environment where weak economic data, like a higher unemployment number may actually be bullish. This is because the market can then expect Jerome Powell to become more dovish, and ease off the ‘higher for longer,’ rhetoric. Trade Setups Momentum breakout traders do best when they focus on the leading stocks in the market. Fortunately for us, the Zacks Rank helps us find stocks with strong momentum that also have upward trending earnings revisions. Nvidia NVDA, the strongest stock in the S&P 500 YTD, continues to build bullish setups. Reflecting its strongly upward trending earnings revisions, the stock has a Zacks Rank #1 (Strong Buy) rating and sits in the top 14% of the Zacks Industry Rank. Nvidia stock broke out of the bullish wedge late last week but is still worth considering for a buy on a pull back. So long as the stock holds above the major level of support at $405, it should rally to new all-time highs. Image Source: TradingView Vistra VST, and electrical and natural gas utility company continues to build bullish patterns. In addition to a Zacks Rank #1 (Strong Buy) rating, VST also has generous 2.5% dividend yield, and a forward P/E ratio of just 9.4x. If Vistra stock can trade above the $33.80 level, it would signal a breakout, and likely push the stock higher. Alternatively, if the price can’t hold above the $32.80 level and closes below that, the trade setup would be invalid, and investors may want to look for another opportunity. Image Source: TradingView Copart CPRT, a company not everyone is familiar with, is the country’s leading automotive auction and remarketing company with a commanding 40% market share. It too boasts a Zacks Rank #1 (Strong Buy) rating and sits in the #1 position of the Zacks Industry Rank. Copart stock has been building out this bullish pennant for nearly five months, and the consolidation continues to get tighter and tighter. If the stock can move above the $44.50 level, it would signal a breakout and should send the stock higher. However, if it loses the level of support at $42.75, the setup is broken. Image Source: TradingView Lastly, Dell Technologies DELL looks to be one of the most promising stocks in the market today. Like the others, DELL enjoys a Zacks Rank #1 (Strong Buy) and has a reasonable valuation of 11x forward earnings. After gapping higher at the beginning of September, Dell Technologies stock has held near the highs, and is building out a prototypical bull flag. If the stock can trade above the $69.60 level, it would indicate a breakout, and can be considered a buy. But if it closes below the $67.40 level, the setup will be invalid, and investors may want wait for another opportunity to purchase the stock. Image Source: TradingView Bottom Line Even the best trading setups fail. Although these stocks have numerous bullish catalysts in their favor, traders should always stick to a trading plan, and most importantly prioritize prudent risk management. Always know the maximum amount of money you can lose on a trade and respect your stop losses. Best of luck this week! Zacks Names #1 Semiconductor Stock It's only 1/9,000th the size of NVIDIA which skyrocketed more than +800% since we recommended it. NVIDIA is still strong, but our new top chip stock has much more room to boom. With strong earnings growth and an expanding customer base, it's positioned to feed the rampant demand for Artificial Intelligence, Machine Learning, and Internet of Things. Global semiconductor manufacturing is projected to explode from $452 billion in 2021 to $803 billion by 2028. See This Stock Now for Free >> Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Dell Technologies Inc. (DELL) : Free Stock Analysis Report NVIDIA Corporation (NVDA) : Free Stock Analysis Report Copart, Inc. (CPRT) : Free Stock Analysis Report Vistra Corp. (VST) : Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
CPRT,2023-10-03,43.34,43.59,42.41,42.62,"The Zacks Analyst Blog Highlights Caterpillar, Emerson Electric, Copart, Vertiv Holdings and Pioneer Natural Resources For Immediate Release Chicago, IL – October 3, 2023 – Zacks.com announces the list of stocks featured in the Analyst Blog. Every day the Zacks Equity Research analysts discuss the latest news and events impacting stocks and the financial markets. Stocks recently featured in the blog include: Caterpillar Inc. CAT, Emerson Electric Co. EMR, Copart Inc. CPRT, Vertiv Holdings Co. VRT and Pioneer Natural Resources Co. PXD. Here are highlights from Monday’s Analyst Blog: 3 Catalysts for October to Regain Momentum: Top 5 Picks The Wall Street rally in the first seven months of this year suffered a severe setback consecutively in August and September. Market participants are worried as the Fed warned of one more rate hike of 25 basis points by the end of this year and pursued a higher interest rate regime for a longer period. The first rate cut is not expected before September 2024 and the inflation rate is unlikely to decline to the central bank’s target rate of 2% before 2026. However, October is historically known as being favorable to U.S. stock markets. Moreover, this year, we have identified three factors that are likely to help Wall Street to regain its mojo. Below, we will briefly discuss these three positive catalysts. Equities Have Corrected to a Good Extent The three major stock indexes — the Dow, the S&P 500 and the Nasdaq Composite — tumbled 3.5%, 4.9% and 5.8%, respectively, in September after sliding 2.4%, 1.8% and 2.2%, respectively, in August. In third-quarter 2023 — the Dow, the S&P 500 and the Nasdaq Composite — have declined 2.6%, 3.7% and 4.1%, respectively. Stocks of several corporate giants with a well-established business model internationally, a robust financial position and globally acclaimed brand recognition are currently available at attractive valuations. CNBC reported that Adam Turnquist, chief technical strategist at LPL Financial, pointed out that stocks reached oversold levels at the end of September as the Relative Strength Index (RSI) on the S&P 500 — a momentum indicator used to measure the speed and magnitude of price action — dropped to its lowest reading in 12 months. Inflation is Dwindling Steadily The personal consumption expenditure (PCE) price index rose 0.1% in August compared with 0.6% in July. The headline PCE inflation rose 3.5% year over year, slightly higher than 3.2% reported in June. However, that was primarily due to a recent spike in energy prices. The core (excluding volatile food and energy items) PCE price index — Fed’s favorite inflation gauge — rose 0.1% in August compared with 0.2% in July. Year over year, the core PCE inflation increased 3.9% in August compared with 4.3% in July. The metric for August was the lowest since November 2020 and the first below 4% reading in nearly two years. The inflation rate is systematically dwindling since its peak in June 2022, barring some minor fluctuations. This indicates that the Fed’s policy of a tight monetary control and pursuing of a higher interest rate regime are finally paying off. This is more evident from the fact that personal spending — the largest driver of the U.S. economy — rose 0.4% on the current-dollar term in August, sharply lower than 0.9% in July. The real consumption expenditure rose a mere 0.1% in August compared with 0.6% in July. This may compel the Fed to think twice before hiking interest rates further. Improved Q3 2023 Earnings Expectations Last but not least is the third-quarter 2023 earnings season, which will be kicked off in the second week of this month. Our projections have shown that the earnings estimate revisions trend has stabilized since April. At present, our estimate has shown that the total earnings of the S&P 500 Index will likely drop 1.9% year over year in Q3 on 0.9% higher revenues. This compared with year-over-year 7.1% lower earnings on 1.1% higher revenues in Q2 and year-over-year 3.4% lower earnings on 4.7% higher revenues in Q1. More importantly, our current projections are showing positive estimate revision trends for both earnings and revenues for the next three quarters (Q4 2023, Q1 2024 and Q2 2024). This indicates that the fundamentals of the U.S. economy remain rock solid. Moreover, a resilient labor market and a stable wage rate scenario may enable the Fed to achieve a soft landing of the U.S. economy. Our Top Picks At this stage, it will be prudent to invest in momentum stocks. We have narrowed our search to five large-cap (market capital > $10 billion) stocks that have strong momentum for October. These companies have strong potential for the rest of 2023. These stocks have seen positive earnings estimate revisions in the last seven days. Each of our picks carries a Zacks Rank #1 (Strong Buy) and has a Momentum Score of A. You can see the complete list of today’s Zacks #1 Rank stocks here. Caterpillar Inc. has seen year-over-year revenue and earnings growth for nine straight quarters thanks to its cost-saving actions, strong end-market demand and pricing actions that offset the impact of supply-chain snarls and cost pressures. We expect the company’s adjusted earnings per share for 2023 to grow 19.5% and revenues to rise 7.6%. Caterpillar has an expected revenue and earnings growth rate of 12.7% and 43.4%, respectively, for the current year. The Zacks Consensus Estimate for current-year earnings has improved 0.1% over the last seven days. Emerson Electric Co. has been benefiting from healthy demand across end markets. Strong demand across the process and hybrid markets are driving EMR’s underlying sales. The successive deals to acquire Afag and Flexim spark optimism. Emerson Electric’s $8.2 billion deal to acquire National Instruments holds promise. EMR’s bullish guidance for fiscal 2023 is encouraging. Emerson Electric has an expected revenue and earnings growth rate of 5.3% and 10.2%, respectively, for the current year (ending September 2024). The Zacks Consensus Estimate for current-year earnings has improved 1% over the last seven days. Copart Inc. enjoys a leadership position in the automotive auction market, commanding roughly 40% of the market share. CPRT’s competitiveness is supported by its multiple locations and size of its new facility openings. Copart has an expected revenue and earnings growth rate of 7.6% and 11.1%, respectively, for the current year (ending July 2024). The Zacks Consensus Estimate for current-year earnings has improved 0.5% over the last seven days. Vertiv Holdings Co. designs, manufactures, and services critical digital infrastructure technologies and life cycle services for data centers, communication networks, and commercial and industrial environments in the Americas, the Asia Pacific, Europe, the Middle East, and Africa. VRT offers hardware, software, analytics and ongoing services. Vertiv Holdings has an expected revenue and earnings growth rate of 20% and more than 100%, respectively, for the current year. The Zacks Consensus Estimate for current-year earnings has improved 0.6% over the last seven days. Pioneer Natural Resources Co.’s total holding of more than 1 million net acres in the Permian basin will support long-term oil production growth. PXD’s divestment of Delaware Basin assets reflects its strategic move to redirect its full attention towards its more lucrative assets in the Permian Basin. PXD expects year-over-year higher hydrocarbon production volumes in 2023. With rising production in a highly favorable crude pricing environment, PXD’s profitability may benefit. Pioneer Natural Resources has an expected revenue and earnings growth rate of 10.6% and 18.7%, respectively, for next year. The Zacks Consensus Estimate for next-year earnings has improved 2.1% over the last seven days. Why Haven’t You Looked at Zacks' Top Stocks? Since 2000, our top stock-picking strategies have blown away the S&P's +6.2 average gain per year. Amazingly, they soared with average gains of +46.4%, +49.5% and +55.2% per year. Today you can access their live picks without cost or obligation. See Stocks Free >> Media Contact Zacks Investment Research 800-767-3771 ext. 9339 support@zacks.com https://www.zacks.com Past performance is no guarantee of future results. Inherent in any investment is the potential for loss. This material is being provided for informational purposes only and nothing herein constitutes investment, legal, accounting or tax advice, or a recommendation to buy, sell or hold a security. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. It should not be assumed that any investments in securities, companies, sectors or markets identified and described were or will be profitable. All information is current as of the date of herein and is subject to change without notice. Any views or opinions expressed may not reflect those of the firm as a whole. Zacks Investment Research does not engage in investment banking, market making or asset management activities of any securities. These returns are from hypothetical portfolios consisting of stocks with Zacks Rank = 1 that were rebalanced monthly with zero transaction costs. These are not the returns of actual portfolios of stocks. The S&P 500 is an unmanaged index. Visit https://www.zacks.com/performance for information about the performance numbers displayed in this press release. Zacks Names ""Single Best Pick to Double"" From thousands of stocks, 5 Zacks experts each have chosen their favorite to skyrocket +100% or more in months to come. From those 5, Director of Research Sheraz Mian hand-picks one to have the most explosive upside of all. It’s credited with a “watershed medical breakthrough” and is developing a bustling pipeline of other projects that could make a world of difference for patients suffering from diseases involving the liver, lungs, and blood. This is a timely investment that you can catch while it emerges from its bear market lows. It could rival or surpass other recent Stocks Set to Double like Boston Beer Company which shot up +143.0% in little more than 9 months and NVIDIA which boomed +175.9% in one year. Free: See Our Top Stock And 4 Runners Up Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Caterpillar Inc. (CAT) : Free Stock Analysis Report Emerson Electric Co. (EMR) : Free Stock Analysis Report Pioneer Natural Resources Company (PXD) : Free Stock Analysis Report Copart, Inc. (CPRT) : Free Stock Analysis Report Vertiv Holdings Co. (VRT) : Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
CPRT,2023-10-04,42.83,43.885,42.83,43.73,
CPRT,2023-10-05,43.85,44.07,43.45,44.04,"[""Are Business Services Stocks Lagging Copart (CPRT) This Year? Investors interested in Business Services stocks should always be looking to find the best-performing companies in the group. Is Copart, Inc. (CPRT) one of those stocks right now? A quick glance at the company's year-to-date performance in comparison to the rest of the Business Services sector should help us answer this question. Copart, Inc. is a member of our Business Services group, which includes 318 different companies and currently sits at #10 in the Zacks Sector Rank. The Zacks Sector Rank considers 16 different groups, measuring the average Zacks Rank of the individual stocks within the sector to gauge the strength of each group. The Zacks Rank is a proven system that emphasizes earnings estimates and estimate revisions, highlighting a variety of stocks that are displaying the right characteristics to beat the market over the next one to three months. Copart, Inc. is currently sporting a Zacks Rank of #1 (Strong Buy). Within the past quarter, the Zacks Consensus Estimate for CPRT's full-year earnings has moved 5.6% higher. This is a sign of improving analyst sentiment and a positive earnings outlook trend. Based on the most recent data, CPRT has returned 43.6% so far this year. At the same time, Business Services stocks have gained an average of 7.5%. This means that Copart, Inc. is performing better than its sector in terms of year-to-date returns. Another Business Services stock, which has outperformed the sector so far this year, is Sprinkler (CXM). The stock has returned 70.8% year-to-date. In Sprinkler's case, the consensus EPS estimate for the current year increased 785.7% over the past three months. The stock currently has a Zacks Rank #1 (Strong Buy). Breaking things down more, Copart, Inc. is a member of the Auction and Valuation Services industry, which includes 2 individual companies and currently sits at #1 in the Zacks Industry Rank. On average, this group has gained an average of 43.1% so far this year, meaning that CPRT is performing better in terms of year-to-date returns. On the other hand, Sprinkler belongs to the Technology Services industry. This 178-stock industry is currently ranked #101. The industry has moved +14.6% year to date. Going forward, investors interested in Business Services stocks should continue to pay close attention to Copart, Inc. and Sprinkler as they could maintain their solid performance. Zacks Names #1 Semiconductor Stock It's only 1/9,000th the size of NVIDIA which skyrocketed more than +800% since we recommended it. NVIDIA is still strong, but our new top chip stock has much more room to boom. With strong earnings growth and an expanding customer base, it's positioned to feed the rampant demand for Artificial Intelligence, Machine Learning, and Internet of Things. Global semiconductor manufacturing is projected to explode from $452 billion in 2021 to $803 billion by 2028. See This Stock Now for Free >> Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Copart, Inc. (CPRT) : Free Stock Analysis Report Sprinklr, Inc. (CXM) : Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Why the Market Dipped But (CPRT) Gained Today Copart, Inc. (CPRT) closed at $44.04 in the latest trading session, marking a +0.71% move from the prior day. This change outpaced the S&P 500's 0.13% loss on the day. At the same time, the Dow lost 0.03%, and the tech-heavy Nasdaq lost 0.12%. Prior to today's trading, shares of the company had lost 3.83% over the past month. This has was narrower than the Business Services sector's loss of 6.26% and the S&P 500's loss of 5.53% in that time. Market participants will be closely following the financial results of Copart, Inc. in its upcoming release. The company is forecasted to report an EPS of $0.32, showcasing a 23.08% upward movement from the corresponding quarter of the prior year. Alongside, our most recent consensus estimate is anticipating revenue of $977.79 million, indicating a 9.45% upward movement from the same quarter last year. For the entire fiscal year, the Zacks Consensus Estimates are projecting earnings of $1.42 per share and a revenue of $4.16 billion, representing changes of +12.7% and +7.63%, respectively, from the prior year. Investors might also notice recent changes to analyst estimates for Copart, Inc. These revisions typically reflect the latest short-term business trends, which can change frequently. As a result, we can interpret positive estimate revisions as a good sign for the company's business outlook. Empirical research indicates that these revisions in estimates have a direct correlation with impending stock price performance. To take advantage of this, we've established the Zacks Rank, an exclusive model that considers these estimated changes and delivers an operational rating system. The Zacks Rank system, spanning from #1 (Strong Buy) to #5 (Strong Sell), boasts an impressive track record of outperformance, audited externally, with #1 ranked stocks yielding an average annual return of +25% since 1988. Over the past month, there's been a 5.19% rise in the Zacks Consensus EPS estimate. Copart, Inc. presently features a Zacks Rank of #1 (Strong Buy). In terms of valuation, Copart, Inc. is presently being traded at a Forward P/E ratio of 30.84. This indicates no noticeable deviation in contrast to its industry's Forward P/E of 30.84. The Auction and Valuation Services industry is part of the Business Services sector. This industry currently has a Zacks Industry Rank of 1, which puts it in the top 1% of all 250+ industries. The strength of our individual industry groups is measured by the Zacks Industry Rank, which is calculated based on the average Zacks Rank of the individual stocks within these groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1. Be sure to use Zacks.com to monitor all these stock-influencing metrics, and more, throughout the forthcoming trading sessions. Zacks Names #1 Semiconductor Stock It's only 1/9,000th the size of NVIDIA which skyrocketed more than +800% since we recommended it. NVIDIA is still strong, but our new top chip stock has much more room to boom. With strong earnings growth and an expanding customer base, it's positioned to feed the rampant demand for Artificial Intelligence, Machine Learning, and Internet of Things. Global semiconductor manufacturing is projected to explode from $452 billion in 2021 to $803 billion by 2028. See This Stock Now for Free >> Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Copart, Inc. (CPRT) : Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Copart (CPRT) Price Target Increased by 11.57% to 52.43 The average one-year price target for Copart (NASDAQ:CPRT) has been revised to 52.43 / share. This is an increase of 11.57% from the prior estimate of 46.99 dated August 31, 2023. The price target is an average of many targets provided by analysts. The latest targets range from a low of 48.48 to a high of 55.65 / share. The average price target represents an increase of 19.89% from the latest reported closing price of 43.73 / share. For more in-depth coverage of Copart, view the free, crowd-sourced company research report on Finpedia. What is the Fund Sentiment? There are 1759 funds or institutions reporting positions in Copart. This is an increase of 85 owner(s) or 5.08% in the last quarter. Average portfolio weight of all funds dedicated to CPRT is 0.50%, an increase of 5.19%. Total shares owned by institutions decreased in the last three months by 1.17% to 459,808K shares. The put/call ratio of CPRT is 0.53, indicating a bullish outlook. What are Other Shareholders Doing? Principal Financial Group holds 20,226K shares representing 2.11% ownership of the company. In it's prior filing, the firm reported owning 21,671K shares, representing a decrease of 7.14%. The firm increased its portfolio allocation in CPRT by 8.21% over the last quarter. Alliancebernstein holds 18,013K shares representing 1.88% ownership of the company. In it's prior filing, the firm reported owning 18,055K shares, representing a decrease of 0.23%. The firm increased its portfolio allocation in CPRT by 15.33% over the last quarter. VTSMX - Vanguard Total Stock Market Index Fund Investor Shares holds 13,363K shares representing 1.40% ownership of the company. In it's prior filing, the firm reported owning 13,265K shares, representing an increase of 0.74%. The firm increased its portfolio allocation in CPRT by 12.72% over the last quarter. PMSBX - MidCap Fund (f holds 11,923K shares representing 1.25% ownership of the company. In it's prior filing, the firm reported owning 12,712K shares, representing a decrease of 6.62%. The firm decreased its portfolio allocation in CPRT by 3.54% over the last quarter. VFINX - Vanguard 500 Index Fund Investor Shares holds 10,213K shares representing 1.07% ownership of the company. In it's prior filing, the firm reported owning 10,003K shares, representing an increase of 2.06%. The firm increased its portfolio allocation in CPRT by 12.14% over the last quarter. Copart Background Information (This description is provided by the company.) Copart, Inc., founded in 1982, is a global leader in online vehicle auctions. Copart's innovative technology and online auction platform links sellers to more than 750,000 Members in over 170 countries. The company offers services to process and sell salvage and clean title vehicles to dealers, dismantlers, rebuilders, exporters and, in some cases, to end users. Copart sells vehicles on behalf of insurance companies, banks, finance companies, charities, fleet operators, dealers, and individual owners. With operations at over 200 locations in 11 countries, Copart has more than 170,000 vehicles available online every day. Copart currently operates in the United States (Copart.com), Canada (Copart.ca), the United Kingdom (Copart.co.uk), the Republic of Ireland (Copart.ie), Brazil (Copart.com.br), Germany (Copart.de), Finland (Copart.fi), the United Arab Emirates, Oman and Bahrain (Copartmea.com), and Spain (Copart.es). Fintel is one of the most comprehensive investing research platforms available to individual investors, traders, financial advisors, and small hedge funds. Our data covers the world, and includes fundamentals, analyst reports, ownership data and fund sentiment, options sentiment, insider trading, options flow, unusual options trades, and much more. Additionally, our exclusive stock picks are powered by advanced, backtested quantitative models for improved profits. Click to Learn More This story originally appeared on Fintel. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.""]"
CPRT,2023-10-06,43.72,45.035,43.46,44.83,
CPRT,2023-10-09,44.63,45.25,44.31,45.21,"This Top Business Services Stock is a #1 (Strong Buy): Why It Should Be on Your Radar Building a successful investment portfolio takes skill and hard work, no matter if you're a growth, value, income, or momentum-focused investor. How do you find the right combination of stocks that will generate returns that could fund your retirement, or your kids' college tuition, or your short- and long-term savings goals? Enter the Zacks Rank. What is the Zacks Rank? The Zacks Rank, which is a unique, proprietary stock-rating model, employs earnings estimate revisions, or changes to a company's earnings expectations, that makes building a winning portfolio easier. There are four main factors behind the Zacks Rank: Agreement, Magnitude, Upside, and Surprise. Agreement is the extent to which all brokerage analysts are revising their earnings estimates in the same direction. The greater the percentage of analysts revising their estimates higher, the better chance the stock will outperform. Magnitude is the size of the recent change in the consensus estimate for the current and next fiscal years. Upside is the difference between the most accurate estimate, which is calculated by Zacks, and the consensus estimate. Surprise is made up of a company's last few quarters' earnings per share surprises; companies with a positive earnings surprise are more likely to beat expectations in the future. Each one of these factors is given a raw score that's recalculated every night, and then compiled into the Zacks Rank. Using this data, stocks are classified into five groups, ranging from ""Strong Buy"" to ""Strong Sell."" The Power of Institutional Investors The Zacks Rank also allows individual investors, or retail investors, to benefit from the power of institutional investors. Institutional investors are responsible for managing the trillions of dollars invested in mutual funds, hedge funds, and investment banks. Research has shown that these investors can and do move the market due to the large amount of money they deal with, and thus, the market tends to move in the same direction as them. These investors are known for designing valuation models that focus on earnings and earnings expectations in order to figure out the fair value of a company and its shares. If earnings estimates are raised, it puts a higher value on a company. Institutional investors then act on these changes in earnings estimates, typically buying stocks with rising estimates and selling those with falling estimates; an increase in earnings estimates can translate into higher stock prices and bigger gains for the investor. Because it can take a long time for an institutional investor to build a position -- sometimes weeks, if not months -- retail investors who get in at the first sign of upward revisions have a distinct advantage over these larger investors, and can benefit from the expected institutional buying that will follow. Not only can the Zacks Rank help you take advantage of trends in earnings estimate revisions, but it can also provide a way to get into stocks that are highly sought after by professionals. How to Invest with the Zacks Rank The Zacks Rank is known for transforming investment portfolios. In fact, a portfolio of Zacks Rank #1 (Strong Buy) stocks has beaten the market in 26 of the last 32 years, with an average annual return of +25.41%. Moreover, stocks with a new #1 (Strong Buy) ranking have some of the biggest profit potential, while those that fell to a #4 (Sell) or #5 (Strong Sell) have some of the worst. Let's take a look at Copart, Inc. (CPRT), which was added to the Zacks Rank #1 list on September 30, 2023. Based in Dallas, TX, Copart, Inc. was founded in 1982. The company provides online auctions and a wide range of remarketing services to process and sell salvage and clean-title vehicles. This is done mainly over the Internet, through its Virtual Bidding Third Generation (VB3) Internet auction-style sales technology. Sellers are primarily insurance companies, banks and financial institutions, charities, car dealerships, fleet operators and vehicle rental companies. Buyers include licensed vehicle dismantlers, rebuilders, repair licensees, used vehicle dealers and exporters, along with the general public. For fiscal 2024, five analysts revised their earnings estimate upwards in the last 60 days, and the Zacks Consensus Estimate has increased $0.07 to $1.42 per share. CPRT boasts an average earnings surprise of 6.9%. Analysts are expecting earnings to grow 12.7% for the current fiscal year, with revenue forecasted to rise 7.6%. CPRT has been moving higher over the past four weeks as well, up 0.3% compared to the S&P 500's loss of 3.4%. Bottom Line With a #1 (Strong Buy) ranking, positive trend in earnings estimate revisions, and strong market momentum, Copart, Inc. should be on investors' shortlist. If you want even more information on the Zacks Ranks, or one of our many other investing strategies, check out the Zacks Education home page. Discover Today's Top Stocks Our private Zacks #1 Rank List, based on our quantitative Zacks Rank stock-rating system, has more than doubled the S&P 500 since 1988. Applying the Zacks Rank in your own trading can boost your investing returns on your very next trade. See Today's Zacks #1 Rank List >> 4 Oil Stocks with Massive Upsides Global demand for oil is through the roof... and oil producers are struggling to keep up. So even though oil prices are well off their recent highs, you can expect big profits from the companies that supply the world with ""black gold."" Zacks Investment Research has just released an urgent special report to help you bank on this trend. In Oil Market on Fire, you'll discover 4 unexpected oil and gas stocks positioned for big gains in the coming weeks and months. You don't want to miss these recommendations. Download your free report now to see them. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Copart, Inc. (CPRT) : Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
CPRT,2023-10-10,45.3,45.965,45.22,45.61,
CPRT,2023-10-11,45.81,46.19,45.53,46.15,"Copart, Inc. (CPRT) Exceeds Market Returns: Some Facts to Consider Copart, Inc. (CPRT) closed at $46.15 in the latest trading session, marking a +1.18% move from the prior day. The stock's change was more than the S&P 500's daily gain of 0.43%. On the other hand, the Dow registered a gain of 0.19%, and the technology-centric Nasdaq increased by 0.71%. Coming into today, shares of the company had gained 3.14% in the past month. In that same time, the Business Services sector lost 2.36%, while the S&P 500 lost 2.1%. The investment community will be closely monitoring the performance of Copart, Inc. in its forthcoming earnings report. The company is forecasted to report an EPS of $0.32, showcasing a 23.08% upward movement from the corresponding quarter of the prior year. Simultaneously, our latest consensus estimate expects the revenue to be $977.79 million, showing a 9.45% escalation compared to the year-ago quarter. For the annual period, the Zacks Consensus Estimates anticipate earnings of $1.42 per share and a revenue of $4.16 billion, signifying shifts of +12.7% and +7.63%, respectively, from the last year. Investors might also notice recent changes to analyst estimates for Copart, Inc. These recent revisions tend to reflect the evolving nature of short-term business trends. Therefore, positive revisions in estimates convey analysts' confidence in the company's business performance and profit potential. Research indicates that these estimate revisions are directly correlated with near-term share price momentum. To capitalize on this, we've crafted the Zacks Rank, a unique model that incorporates these estimate changes and offers a practical rating system. The Zacks Rank system ranges from #1 (Strong Buy) to #5 (Strong Sell). It has a remarkable, outside-audited track record of success, with #1 stocks delivering an average annual return of +25% since 1988. Over the last 30 days, the Zacks Consensus EPS estimate has witnessed a 5.19% increase. As of now, Copart, Inc. holds a Zacks Rank of #1 (Strong Buy). Looking at its valuation, Copart, Inc. is holding a Forward P/E ratio of 32.17. This valuation marks no noticeable deviation compared to its industry's average Forward P/E of 32.17. The Auction and Valuation Services industry is part of the Business Services sector. At present, this industry carries a Zacks Industry Rank of 1, placing it within the top 1% of over 250 industries. The Zacks Industry Rank evaluates the power of our distinct industry groups by determining the average Zacks Rank of the individual stocks forming the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1. You can find more information on all of these metrics, and much more, on Zacks.com. 7 Best Stocks for the Next 30 Days Just released: Experts distill 7 elite stocks from the current list of 220 Zacks Rank #1 Strong Buys. They deem these tickers ""Most Likely for Early Price Pops."" Since 1988, the full list has beaten the market more than 2X over with an average gain of +24.3% per year. So be sure to give these hand-picked 7 your immediate attention. See them now >> Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Copart, Inc. (CPRT) : Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
CPRT,2023-10-12,46.43,46.58,45.65,45.93,
CPRT,2023-10-13,46.13,46.52,45.389,45.75,"[""3 Top-Ranked Stocks Pushing 52-Week Highs Stocks making new highs tend to make even higher highs, especially when analysts' positive earnings estimate revisions begin rolling in. And by targeting stocks breaking out or near new highs, investors find themselves in favorable trends where buyers are in control. With the market\u2019s rebound in 2023, many stocks are now near or breaking 52-week highs, including American Eagle Outfitters AEO, Applied Industrial Technologies AIT, and Copart CPRT. In addition to seeing favorable price action, all three have enjoyed positive earnings estimate revisions, indicating optimism among analysts. Let\u2019s take a closer look at each. American Eagle Outfitters American Eagle Outfitters is a specialty retailer of casual apparel, accessories, and footwear for men and women. The stock is a Zacks Rank #1 (Strong Buy), with earnings expectations increasing across the board. Image Source: Zacks Investment Research The company\u2019s shares aren\u2019t valuation stretched given its forecasted growth, with expectations suggesting 33% earnings growth on 2% higher sales in its current year. Shares presently trade at a 13.0X forward 12-month earnings multiple, well below highs of 18.1X in 2022. Income-focused investors could also be attracted to AEO shares, currently yielding a solid 2.4% annually. The current yield is nicely above the respective Zacks Retail & Wholesale sector average of 1%. Applied Industrial Technologies Applied Industrial Technologies, a current Zacks Rank #2 (Buy), distributes value-added industrial products, including engineered fluid power components, bearings, specialty flow control solutions, power transmission products, and miscellaneous industrial supplies. Analysts have taken their expectations modestly higher across nearly all timeframes. Image Source: Zacks Investment Research The company\u2019s 25.6% trailing twelve-month return on equity (ROE) is worth highlighting, reflecting a higher efficiency level in generating profits from existing assets relative to peers. Image Source: Zacks Investment Research Keep an eye out for the company\u2019s upcoming release expected on October 26th, as the Zacks Consensus EPS Estimate of $2.07 suggests a 5% improvement from the year-ago period. Our consensus revenue estimate stands at $1.1 billion, roughly 3% higher than the year-ago figure. Copart Copart, a Zacks Rank #1 (Strong Buy), provides online auctions and a wide range of remarketing services to process and sell salvage and clean title vehicles. Analysts have raised their earnings expectations across all timeframes. Image Source: Zacks Investment Research It\u2019s worth noting that investors will have to pay a premium for CPRT shares, currently trading at a 31.9X forward 12-month earnings multiple, above the five-year median by a fair margin. Still, it\u2019s worth noting that valuation isn\u2019t always a great timing tool. Image Source: Zacks Investment Research Bottom Line Stocks nearing or breaking 52-week highs reflect considerable momentum, with positive earnings estimates from analysts commonly providing the fuel needed to continue climbing. And for those interested in stocks seeing notable buying pressure, all three above \u2013 American Eagle Outfitters AEO, Applied Industrial Technologies AIT, and Copart CPRT \u2013 precisely fit the criteria. In addition to favorable price action, all three have seen their near-term earnings outlooks shift positively. Zacks Names \""Single Best Pick to Double\"" From thousands of stocks, 5 Zacks experts each have chosen their favorite to skyrocket +100% or more in months to come. From those 5, Director of Research Sheraz Mian hand-picks one to have the most explosive upside of all. It\u2019s a little-known chemical company that\u2019s up 65% over last year, yet still dirt cheap. With unrelenting demand, soaring 2022 earnings estimates, and $1.5 billion for repurchasing shares, retail investors could jump in at any time. This company could rival or surpass other recent Zacks\u2019 Stocks Set to Double like Boston Beer Company which shot up +143.0% in little more than 9 months and NVIDIA which boomed +175.9% in one year. Free: See Our Top Stock and 4 Runners Up >> Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report American Eagle Outfitters, Inc. (AEO) : Free Stock Analysis Report Applied Industrial Technologies, Inc. (AIT) : Free Stock Analysis Report Copart, Inc. (CPRT) : Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""The Zacks Analyst Blog Highlights Automatic Data Processing, AppLovin, Paychex, Copart Palantir Technologies For Immediate Release Chicago, IL \u2013 October 13, 2023 \u2013 Zacks.com announces the list of stocks featured in the Analyst Blog. Every day the Zacks Equity Research analysts discuss the latest news and events impacting stocks and the financial markets. Stocks recently featured in the blog include: Automatic Data Processing Inc. ADP, AppLovin Corp. APP, Paychex Inc. PAYX, Copart Inc. CPRT and Palantir Technologies Inc. PLTR. Here are highlights from Thursday\u2019s Analyst Blog: Top 5 Business Services Stocks to Strengthen Your Portfolio The U.S. Business Services space has been benefitting from the strong fundamentals of the economy. Despite facing a record-high interest rate and extremely tight monetary control by the Fed, this sector has provided double-digit returns year to date. Industries within this sector are mature, with demand for services in good shape. Revenues, income and cash flows are anticipated to gradually reach the pre-pandemic levels, aiding most industry players to pay out stable dividends. The staffing industry has been benefiting from a resilient labor market. The industry has been increasingly leveraging technology to streamline processes, enhance efficiency, and provide better services. Utilizing tech-driven recruitment methods such as AI, social media, and Big Data are on the rise. Video-conferencing tools like Zoom and Microsoft Teams facilitate remote communication, while cloud and blockchain enhance HR data security, ensuring sustained demand for staffing services. Higher talent costs due to a competitive talent market have been a headwind for the industry. However, the removal of the Trump-era ban on legal immigration is helping service providers thrive with the increased flow of foreign talent. Our Top Picks We have narrowed our search to five business services stocks with strong growth potential for the rest of 2023. These stocks have seen positive earnings estimate revisions in the last 60 days. Each of our picks carries either a Zacks Rank #1 (Strong Buy) or 2 (Buy). You can see the complete list of today's Zacks #1 Rank stocks here. Automatic Data Processing Inc. continues to enjoy a dominant position in the human capital management market through strategic buyouts like Celergo, WorkMarket, Global Cash Card and The Marcus Buckingham Company. ADP has a strong business model, high recurring revenues, good margins, robust client retention and low capital expenditure. Further, ADP continues to innovate, improve operations, and invest in its ongoing transformation efforts. Zacks Rank #2 Automatic Data Processing has an expected revenue and earnings growth rate of 6.3% and 11.1%, respectively, for the current year (ending June 2024). The Zacks Consensus Estimate for current-year earnings has improved 1.9% over the last 60 days. AppLovin Corp. is engaged in building a software-based platform for mobile app developers to enhance the marketing and monetization of their apps in the United States and internationally. APP provides technology platform which enables developers to market, monetize, analyze and publish their apps. Zacks Rank #1 AppLovin has an expected revenue and earnings growth rate of 9.4% and more than 100%, respectively, for the current year. The Zacks Consensus Estimate for current-year earnings has improved 1.3% over the last 30 days. Paychex Inc. looks strong on the back of solid top-line growth and its dominant position in the outsourcing market. PAYX strives to capitalize on the rising opportunities in the professional employer organization industry. PAYX's improving liquidity makes it less vulnerable to default risk. Zacks Rank #2 Paychex has an expected revenue and earnings growth rate of 6.8% and 10.1%, respectively, for the current year (ending May 2024). The Zacks Consensus Estimate for current-year earnings has improved 0.4% over the last 30 days. Copart Inc. enjoys a leadership position in the automotive auction market, commanding roughly 40% of the market share. CPRT's competitiveness is supported by its multiple locations and the size of its new facility openings. Expansion initiatives, along with a digital ramp-up, will aid Copart in a fast pickup across the country. The launch of Copart Max has further stepped up its digital game. Salvage auction volumes are likely to remain elevated amid an increase in vehicle miles traveled and a higher collision frequency. Additionally, aging vehicles and technologically advanced auto parts are proving to be a boon for CPRT. A strong balance sheet with low leverage and high liquidity provides CPRT with financial flexibility. Zacks Rank #1 Copart has an expected revenue and earnings growth rate of 7.6% and 12.7%, respectively, for the current year (ending July 2024). The Zacks Consensus Estimate for current-year earnings has improved 5.2% over the last 30 days. Palantir Technologies Inc. builds and deploys software platforms for the intelligence community in the United States to assist in counterterrorism investigations and operations. PLTR provides Palantir Gotham, a software platform that enables users to identify patterns hidden deep within datasets, ranging from signals intelligence sources to reports from confidential informants. Zacks Rank #2 Palantir Technologies has an expected revenue and earnings growth rate of 16.3% and more than 100%, respectively, for the current year. The Zacks Consensus Estimate for current-year earnings has improved 4.5% over the last 60 days. Why Haven't You Looked at Zacks' Top Stocks? Since 2000, our top stock-picking strategies have blown away the S&P's +6.2 average gain per year. Amazingly, they soared with average gains of +46.4%, +49.5% and +55.2% per year. Today you can access their live picks without cost or obligation. See Stocks Free >> Media Contact Zacks Investment Research 800-767-3771 ext. 9339 support@zacks.com https://www.zacks.com Past performance is no guarantee of future results. Inherent in any investment is the potential for loss. This material is being provided for informational purposes only and nothing herein constitutes investment, legal, accounting or tax advice, or a recommendation to buy, sell or hold a security. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. It should not be assumed that any investments in securities, companies, sectors or markets identified and described were or will be profitable. All information is current as of the date of herein and is subject to change without notice. Any views or opinions expressed may not reflect those of the firm as a whole. Zacks Investment Research does not engage in investment banking, market making or asset management activities of any securities. These returns are from hypothetical portfolios consisting of stocks with Zacks Rank = 1 that were rebalanced monthly with zero transaction costs. These are not the returns of actual portfolios of stocks. The S&P 500 is an unmanaged index. Visit https://www.zacks.com/performance for information about the performance numbers displayed in this press release. Zacks Names \""Single Best Pick to Double\"" From thousands of stocks, 5 Zacks experts each have chosen their favorite to skyrocket +100% or more in months to come. From those 5, Director of Research Sheraz Mian hand-picks one to have the most explosive upside of all. It\u2019s credited with a \u201cwatershed medical breakthrough\u201d and is developing a bustling pipeline of other projects that could make a world of difference for patients suffering from diseases involving the liver, lungs, and blood. This is a timely investment that you can catch while it emerges from its bear market lows. It could rival or surpass other recent Stocks Set to Double like Boston Beer Company which shot up +143.0% in little more than 9 months and NVIDIA which boomed +175.9% in one year. Free: See Our Top Stock And 4 Runners Up Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Paychex, Inc. (PAYX) : Free Stock Analysis Report Automatic Data Processing, Inc. (ADP) : Free Stock Analysis Report Copart, Inc. (CPRT) : Free Stock Analysis Report AppLovin Corporation (APP) : Free Stock Analysis Report Palantir Technologies Inc. (PLTR) : Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.""]"
CPRT,2023-10-16,46.17,47.045,46.17,46.64,"Monday Momentum: 3 Stocks Pulling Back in an Uptrend Want to start the week ahead of the pack? Check out Momentum Mondays, where I cover the leading breakout stocks in the market, summarize the major events of the week ahead, and prepare investors for profitable trading. Today, we will be taking a look at the broad stock market indexes to summarize the action of the last few weeks, then we will take a look at theeconomic calendarto address any market moving data coming our way. And finally, I will share three compelling technical trade setups in stocks with top Zacks Ranks. Earnings Season Begins Something I forgot to mention in this morning's video is the dearth of earnings reports coming out this week. Earnings season begins in earnest this week and will be of critical importance to the market action this week. Notable earnings this week are Bank of America BAC and Goldman Sachs GS on Tuesday. Tesla TSLA, Procter and Gamble PG, and Netflix NFLX on Wednesday. Taiwan Semiconductor TSM and Philip Morris PM on Thursday. And American Express AXP on Friday. Broad Market Many traders ended last week fearful of what may happen in the Middle East. On Friday, the price of crude rallied 6% and equities rolled over as traders hedged. But after the weekend, these markets remain tranquil. Although many investors are discounting the conflict abroad, the market often surprises most by rallying in the face of rising geopolitical tensions. I believe there are more than enough bullish catalysts to carry this market higher through year end. Furthermore, the spike in fear at the end of last week created an opportunity to buy leading stocks on a pull back this week. Image Source: TradingView Trade Setups This week, instead of highlighting any new trade setups, I want to focus on some of the ones from the last couple of weeks. These are still the leading stocks in the market, and now that they have pulled back, offer compelling trade setups. Check out the setups in Amazon AMZN, Copart CPRT, Dell Technologies DELL, and Costco COST. Image Source: TradingView Bottom Line Even the best trading setups fail. Although these stocks have numerous bullish catalysts in their favor, traders should always stick to a trading plan, and most importantly prioritize prudent risk management. Always know the maximum amount of money you can lose on a trade and respect your stop losses. Best of luck this week! Zacks Reveals ChatGPT ""Sleeper"" Stock One little-known company is at the heart of an especially brilliant Artificial Intelligence sector. By 2030, the AI industry is predicted to have an internet and iPhone-scale economic impact of $15.7 Trillion. As a service to readers, Zacks is providing a bonus report that names and explains this explosive growth stock and 4 other ""must buys."" Plus more. Download Free ChatGPT Stock Report Right Now >> Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Amazon.com, Inc. (AMZN) : Free Stock Analysis Report Dell Technologies Inc. (DELL) : Free Stock Analysis Report Costco Wholesale Corporation (COST) : Free Stock Analysis Report Copart, Inc. (CPRT) : Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
CPRT,2023-10-17,46.67,46.74,46.07,46.66,"[""These 3 Buy-Rated Stocks Are Long-Term Outperformers Investors are always searching for stocks that deliver market-beating gains. Interestingly, many non-tech stocks have done precisely that over the last decade, exceeding the S&P 500\u2019s impressive 220% gain and 12% annualized return. Three stocks \u2013 The Progressive Corp. PGR, Copart CPRT, and Cintas Corp. CTAS \u2013 have all outperformed the S&P 500 over the last decade, posting at least a 20% annualized return. This is illustrated below. Image Source: Zacks Investment Research On top of market-beating performances, all three currently sport a favorable Zacks Rank, with analysts positively raising their expectations. Let\u2019s take a closer look at each. Copart Copart, a Zacks Rank #1 (Strong Buy), provides online auctions and a wide range of remarketing services to process and sell salvage and clean title vehicles. The revision trends have been particularly notable for its current and next fiscal years. Image Source: Zacks Investment Research The company\u2019s better-than-expected quarterly releases have helped power shares throughout 2023, with Copart exceeding both Zacks Consensus EPS and Revenue estimates in three consecutive releases. The company posted $997 million in sales in its latest release, growing 13% from the year-ago period thanks to improved service revenues. Copart\u2019s top line growth has remained on a healthy trajectory, as we can see illustrated below in the annual revenues chart. Image Source: Zacks Investment Research The Progressive Corp. Progressive, a current Zacks Rank #2 (Buy), is an American insurance company, recently becoming the largest motor insurance carrier in the United States in late 2022. Analysts have moved their expectations higher across the board. Image Source: Zacks Investment Research Value-focused investors may not find PGR shares as attractive, currently trading at a 5.2X trailing 12-month price-to-book ratio, above the respective Zacks Insurance industry average of 1.8X. The price-to-book ratio measures how much investors will pay for each dollar of a company's net assets. Image Source: Zacks Investment Research PGR shares saw buying pressure following its latest quarterly release, with Net Premiums Earned climbing 20% year-over-year to $14.9 billion and total Policies in Force growing 10% from the year-ago period. Regarding our expectations, PGR beat the Zacks Consensus EPS Estimate by 20% and posted a modest revenue surprise. The company\u2019s earnings are expected to be up 21% on 18% higher revenues in its current year, with estimates for FY24 suggesting an additional 58% earnings growth paired with a 12% sales bump. The stock sports a Style Score of \u201cB\u201d for Growth. Image Source: Zacks Investment Research Cintas Corp. Cintas\u2019 products and services include uniforms, floor care, restroom supplies, first aid, and safety products, taking care of any business needs. The stock is currently a Zacks Rank #2 (Buy), with expectations modestly moving higher across the board. Image Source: Zacks Investment Research Cintas is a great example of a company committed to increasingly rewarding shareholders, recently boosting its quarterly payout by 17% in late July. In fact, the company is a member of the elite Dividend Aristocrat group, further reflecting its shareholder-friendly nature. Additionally, the company has been the definition of consistency within its quarterly results, exceeding the Zacks Consensus EPS Estimate in each quarter dating back to 2017. It\u2019s worth noting that Cintas posted a record-high operating margin of 21.4% compared to the year-ago figure of 20.3% in its latest release. Image Source: Zacks Investment Research Bottom Line Investors are always trying to beat the market. After all, we\u2019re here to get the most bang for our buck. And when it comes to delivering market-beating gains, all three stocks above \u2013 The Progressive Corp. PGR, Copart CPRT, and Cintas Corp. CTAS \u2013 have outperformed the S&P 500 over the last decade, all delivering at least 20% annualized returns during the period. In addition, all three have seen their near-term earnings outlooks shift positively, reflecting optimism among analysts and providing fuel to continue their climbs. Infrastructure Stock Boom to Sweep America A massive push to rebuild the crumbling U.S. infrastructure will soon be underway. It\u2019s bipartisan, urgent, and inevitable. Trillions will be spent. Fortunes will be made. The only question is \u201cWill you get into the right stocks early when their growth potential is greatest?\u201d Zacks has released a Special Report to help you do just that, and today it\u2019s free. Discover 5 special companies that look to gain the most from construction and repair to roads, bridges, and buildings, plus cargo hauling and energy transformation on an almost unimaginable scale. Download FREE: How To Profit From Trillions On Spending For Infrastructure >> Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Cintas Corporation (CTAS) : Free Stock Analysis Report The Progressive Corporation (PGR) : Free Stock Analysis Report Copart, Inc. (CPRT) : Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""3 Tremendous Stock-Split Stocks for the Q4 Rebound InvestorPlace - Stock Market News, Stock Advice & Trading Tips Investors love stock splits. Although they\u2019re technically a non-event, a stock split is seen as a bullish indicator. They indicate management is confident in the company\u2019s future growth prospects. Making the stock more affordable and liquid means shares will be available to more people. Of course, stock splits are meaningless in terms of the company. Shareholders end up with 12 slices of pizza instead of six. They have two $5 bills in their wallet instead of a $10 bill. Rearranging the number of shares and their price tells you nothing about the business. Still, since Nvidia (NASDAQ:NVDA) reignited the stock split market by splitting its shares 4-for-1 in July 2021, a number of other big-name companies also split their shares. Most are handily beating the S&P 500 since the date of the split. A few, like Tesla (NASDAQ:TSLA), are significantly underperforming the index. Three stock-split stocks that divvied up their shares over the past year or so still have tremendous value to unlock for shareholders. If the stock market rebounds in the fourth quarter as some analysts suggest, these are companies you want to buy now. Palo Alto Networks (PANW) Source: Sundry Photography / Shutterstock.com According to virtual private network (VPN) provider SurfShark, since 2021 the number of cybercrime victims increased 16-fold to 91 victims every hour. The cost of cybercrime increased an eye-bleeding 570 times, hitting $1.2 million per hour. Like death and taxes, hackers apparently will always be with us. That gives Palo Alto Networks (NASDAQ:PANW) a target-rich environment to sell its products protecting data. It\u2019s certainly finding an audience of willing customers. Fiscal year 2023 revenue soared 25% to $6.9 billion and it turned a $267 million net loss in 2022 into a $440 million profit this year. Billings grew 23% to $9.2 billion as Palo Alto Networks develops new and innovative platforms to drive annual recurring revenue (ARR). Its Cortex platform is an artificial intelligence-driven service for threat detection and prevention. It achieved $1 billion in ARR in the fiscal third quarter. Its secure access service edge platform just achieved ARR of $1 billion in the fourth quarter. Growth in ARR indicates customers like what they\u2019re getting and are coming back for more. Palo Alto Networks split its stock 3-for-1 in Sept. 2022. Since then shares grew 43% compared to a 10% gain by the S&P 500. The stock is up 87% this year alone. With an unending need for its services, the sky is truly the limit for this cybersecurity leader. Amazon (AMZN) Source: Ken Wolter / Shutterstock.com Amazon (NASDAQ:AMZN) hasn\u2019t quite run away with it in the same way since its 20-for-1 stock split in June 2022. Shares are only 9% higher since then versus a 6% gain for the broad market index. Still, the online retailer is among the stock split stocks worth buying. Obviously, its internet retailing operations are top notch. It just completed its Prime Big Deal Days and it outpaced last year\u2019s event. According to Amazon, Prime members bought over 150 million items from third-party sellers, a 50% increase from last year. Yet the numbers also show consumers are feeling the pinch of persistent inflation. Data analytics firm Numerator says 60% of the items purchased were for less than $20 while just 4% were for more than $100. But Amazon is integral to the economy. It accounts for nearly 40% of all online retail sales in the U.S. It does face some headwinds from federal regulators suing the retailer for various alleged trade practices, but it\u2019s not enough of a concern to sink the company. Investors should note the real growth opportunity is in its cloud-based business, Amazon Web Services. Long the profit center of Amazon, AWS represents 16% of total revenue, but 84% of total operating profits. AWS is also the leading cloud services operation globally with a 30% share of the market, according to Canalys. AI could push that higher. With AWS more critical to Amazon\u2019s operating cash flows, which rocketed 74% higher during the period, there\u2019s plenty of growth still to come for the retail behemoth. Copart (CPRT) Source: Shutterstock Auto auction operator Copart (NASDAQ:CPRT) is a different kind of used car dealer. Unlike many dealers that buy their vehicles from the public, some 83% of Copart\u2019s sellers are insurance companies. Other sellers include banks, finance companies, charities, and fleet operators. And most of the vehicles it acquires are typically damaged and considered a total loss by the insurers. You might not think that would be a viable business, but Copart\u2019s is booming. Revenue jumped 10.5% in FY2023 to $3.9 billion with net profits rocketing 32% higher to $84 million. This comes even though market conditions aren\u2019t ideal for used cars. Prices remain stubbornly high. Although that can mean higher profits per vehicle, it also makes insurance companies reluctant to declare a vehicle a total loss. Fortunately, the peak of the market seems to have passed. Kelley Blue Book says used car prices fell 1% in August, with the average reaching $26,251. That\u2019s still historically high and KBB sees it remaining so for some time. Used car prices lag those of new cars. So even as new car prices have returned to last year\u2019s levels, used car prices will take some time to fall. That means Copart has some important tailwinds building behind it. It split its stock 2-for-1 in August. Shares are up 3% since then compared to a 5% drop by the S&P 500. With Wall Street looking for earnings to grow 22% a year for the next five years, this is an opportune time to buy into this used car auction house. That makes CPRT a definite contender when it comes to stock split stocks to buy now. On the date of publication, Rich Duprey did not hold (either directly or indirectly) any positions in the securities mentioned in this article. The opinions expressed in this article are those of the writer, subject to the InvestorPlace.com Publishing Guidelines. Rich Duprey has written about stocks and investing for the past 20 years. His articles have appeared on Nasdaq.com, The Motley Fool, and Yahoo! Finance, and he has been referenced by U.S. and international publications, including MarketWatch, Financial Times, Forbes, Fast Company, USA Today, Milwaukee Journal Sentinel, Cheddar News, The Boston Globe, L\u2019Express, and numerous other news outlets. More From InvestorPlace Musk\u2019s \u201cProject Omega\u201d May Be Set to Mint New Millionaires. Here\u2019s How to Get In. The #1 AI Investment Might Be This Company You\u2019ve Never Heard Of The Rich Use This Income Secret (NOT Dividends) Far More Than Regular Investors The post 3 Tremendous Stock-Split Stocks for the Q4 Rebound appeared first on InvestorPlace. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.""]"
CPRT,2023-10-18,46.39,46.5,45.19,45.23,"Zacks Investment Ideas feature highlights: The Progressive, Copart and Cintas For Immediate Release Chicago, IL – October 18, 2023 – Today, Zacks Investment Ideas feature highlights The Progressive Corp. PGR, Copart CPRT and Cintas Corp. CTAS. These 3 Buy-Rated Stocks Are Long-Term Outperformers Investors are always searching for stocks that deliver market-beating gains. Interestingly, many non-tech stocks have done precisely that over the last decade, exceeding the S&P 500’s impressive 220% gain and 12% annualized return. Three stocks – The Progressive Corp., Copart and Cintas Corp. – have all outperformed the S&P 500 over the last decade, posting at least a 20% annualized return. This is illustrated below. On top of market-beating performances, all three currently sport a favorable Zacks Rank, with analysts positively raising their expectations. Let’s take a closer look at each. Copart Copart, a Zacks Rank #1 (Strong Buy), provides online auctions and a wide range of remarketing services to process and sell salvage and clean title vehicles. The revision trends have been particularly notable for its current and next fiscal years. The company’s better-than-expected quarterly releases have helped power shares throughout 2023, with Copart exceeding both Zacks Consensus EPS and Revenue estimates in three consecutive releases. The company posted $997 million in sales in its latest release, growing 13% from the year-ago period thanks to improved service revenues. Copart’s top line growth has remained on a healthy trajectory. The Progressive Corp. Progressive, a current Zacks Rank #2 (Buy), is an American insurance company, recently becoming the largest motor insurance carrier in the United States in late 2022. Analysts have moved their expectations higher across the board. Value-focused investors may not find PGR shares as attractive, currently trading at a 5.2X trailing 12-month price-to-book ratio, above the respective Zacks Insurance industry average of 1.8X. The price-to-book ratio measures how much investors will pay for each dollar of a company's net assets. PGR shares saw buying pressure following its latest quarterly release, with Net Premiums Earned climbing 20% year-over-year to $14.9 billion and total Policies in Force growing 10% from the year-ago period. Regarding our expectations, PGR beat the Zacks Consensus EPS Estimate by 20% and posted a modest revenue surprise. The company’s earnings are expected to be up 21% on 18% higher revenues in its current year, with estimates for FY24 suggesting an additional 58% earnings growth paired with a 12% sales bump. The stock sports a Style Score of “B” for Growth. Cintas Corp. Cintas’ products and services include uniforms, floor care, restroom supplies, first aid, and safety products, taking care of any business needs. The stock is currently a Zacks Rank #2 (Buy), with expectations modestly moving higher across the board. Cintas is a great example of a company committed to increasingly rewarding shareholders, recently boosting its quarterly payout by 17% in late July. In fact, the company is a member of the elite Dividend Aristocrat group, further reflecting its shareholder-friendly nature. Additionally, the company has been the definition of consistency within its quarterly results, exceeding the Zacks Consensus EPS Estimate in each quarter dating back to 2017. It’s worth noting that Cintas posted a record-high operating margin of 21.4% compared to the year-ago figure of 20.3% in its latest release. Bottom Line Investors are always trying to beat the market. After all, we’re here to get the most bang for our buck. And when it comes to delivering market-beating gains, all three stocks above have outperformed the S&P 500 over the last decade, all delivering at least 20% annualized returns during the period. In addition, all three have seen their near-term earnings outlooks shift positively, reflecting optimism among analysts and providing fuel to continue their climbs. Why Haven’t You Looked at Zacks' Top Stocks? Since 2000, our top stock-picking strategies have blown away the S&P's +6.2 average gain per year. Amazingly, they soared with average gains of +46.4%, +49.5% and +55.2% per year. Today you can access their live picks without cost or obligation. See Stocks Free >> Media Contact Zacks Investment Research 800-767-3771 ext. 9339 support@zacks.com https://www.zacks.com Past performance is no guarantee of future results. Inherent in any investment is the potential for loss. This material is being provided for informational purposes only and nothing herein constitutes investment, legal, accounting or tax advice, or a recommendation to buy, sell or hold a security. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. It should not be assumed that any investments in securities, companies, sectors or markets identified and described were or will be profitable. All information is current as of the date of herein and is subject to change without notice. Any views or opinions expressed may not reflect those of the firm as a whole. Zacks Investment Research does not engage in investment banking, market making or asset management activities of any securities. These returns are from hypothetical portfolios consisting of stocks with Zacks Rank = 1 that were rebalanced monthly with zero transaction costs. These are not the returns of actual portfolios of stocks. The S&P 500 is an unmanaged index. Visit https://www.zacks.com/performance for information about the performance numbers displayed in this press release. Zacks Names #1 Semiconductor Stock It's only 1/9,000th the size of NVIDIA which skyrocketed more than +800% since we recommended it. NVIDIA is still strong, but our new top chip stock has much more room to boom. With strong earnings growth and an expanding customer base, it's positioned to feed the rampant demand for Artificial Intelligence, Machine Learning, and Internet of Things. Global semiconductor manufacturing is projected to explode from $452 billion in 2021 to $803 billion by 2028. See This Stock Now for Free >> Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Cintas Corporation (CTAS) : Free Stock Analysis Report The Progressive Corporation (PGR) : Free Stock Analysis Report Copart, Inc. (CPRT) : Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
CPRT,2023-10-19,45.24,45.505,44.08,44.33,"Why Copart, Inc. (CPRT) Dipped More Than Broader Market Today The latest trading session saw Copart, Inc. (CPRT) ending at $44.33, denoting a -1.99% adjustment from its last day's close. The stock trailed the S&P 500, which registered a daily loss of 0.85%. Elsewhere, the Dow lost 0.75%, while the tech-heavy Nasdaq lost 0.96%. Shares of the company witnessed a gain of 2.75% over the previous month, beating the performance of the Business Services sector with its loss of 3.96% and the S&P 500's loss of 3.02%. The investment community will be paying close attention to the earnings performance of Copart, Inc. in its upcoming release. The company is expected to report EPS of $0.32, up 23.08% from the prior-year quarter. Simultaneously, our latest consensus estimate expects the revenue to be $977.79 million, showing a 9.45% escalation compared to the year-ago quarter. Looking at the full year, the Zacks Consensus Estimates suggest analysts are expecting earnings of $1.42 per share and revenue of $4.17 billion. These totals would mark changes of +12.7% and +7.65%, respectively, from last year. Investors should also note any recent changes to analyst estimates for Copart, Inc. These revisions typically reflect the latest short-term business trends, which can change frequently. As such, positive estimate revisions reflect analyst optimism about the company's business and profitability. Our research reveals that these estimate alterations are directly linked with the stock price performance in the near future. Investors can capitalize on this by using the Zacks Rank. This model considers these estimate changes and provides a simple, actionable rating system. The Zacks Rank system, which ranges from #1 (Strong Buy) to #5 (Strong Sell), has an impressive outside-audited track record of outperformance, with #1 stocks generating an average annual return of +25% since 1988. Within the past 30 days, our consensus EPS projection has moved 2.16% higher. Currently, Copart, Inc. is carrying a Zacks Rank of #1 (Strong Buy). Digging into valuation, Copart, Inc. currently has a Forward P/E ratio of 31.9. This represents no noticeable deviation compared to its industry's average Forward P/E of 31.9. The Auction and Valuation Services industry is part of the Business Services sector. This industry, currently bearing a Zacks Industry Rank of 1, finds itself in the top 1% echelons of all 250+ industries. The Zacks Industry Rank evaluates the power of our distinct industry groups by determining the average Zacks Rank of the individual stocks forming the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1. To follow CPRT in the coming trading sessions, be sure to utilize Zacks.com. Zacks Names ""Single Best Pick to Double"" From thousands of stocks, 5 Zacks experts each have chosen their favorite to skyrocket +100% or more in months to come. From those 5, Director of Research Sheraz Mian hand-picks one to have the most explosive upside of all. It’s credited with a “watershed medical breakthrough” and is developing a bustling pipeline of other projects that could make a world of difference for patients suffering from diseases involving the liver, lungs, and blood. This is a timely investment that you can catch while it emerges from its bear market lows. It could rival or surpass other recent Stocks Set to Double like Boston Beer Company which shot up +143.0% in little more than 9 months and NVIDIA which boomed +175.9% in one year. Free: See Our Top Stock And 4 Runners Up Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Copart, Inc. (CPRT) : Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
CPRT,2023-10-20,44.33,44.36,43.43,43.69,
CPRT,2023-10-23,43.81,44.46,43.57,44.15,
CPRT,2023-10-24,44.31,44.69,44.125,44.53,"Validea's Top Industrial Stocks Based On Benjamin Graham - 10/24/2023 The following are the top rated Industrial stocks according to Validea's Value Investor model based on the published strategy of Benjamin Graham. This deep value methodology screens for stocks that have low P/B and P/E ratios, along with low debt and solid long-term earnings growth. PATRICK INDUSTRIES, INC. (PATK) is a small-cap value stock in the Constr. - Supplies & Fixtures industry. The rating according to our strategy based on Benjamin Graham is 86% based on the firm’s underlying fundamentals and the stock’s valuation. A score of 80% or above typically indicates that the strategy has some interest in the stock and a score above 90% typically indicates strong interest. Company Description: Patrick Industries, Inc. is a manufacturer and distributor of component products and materials serving original equipment manufacturers (OEMs) primarily in the recreational vehicle (RV), marine, manufactured housing (MH) and industrial markets. The Company's segments include Manufacturing, which offers laminated products for furniture, shelving, walls and countertops; decorative vinyl, wrapped vinyl, paper laminated panels and vinyl printing; solid surface, granite and quartz countertops; fabricated aluminum products; and other products, and Distribution segment, which provides pre-finished wall and ceiling panels, drywall and drywall finishing products, interior and exterior lighting products, wiring, electrical and plumbing products, transportation and logistics services and other products. It operates through a network that includes approximately 185 manufacturing plants and 67 warehouse and distribution facilities located in 23 states with presence in Mexico, China and Canada. The following table summarizes whether the stock meets each of this strategy's tests. Not all criteria in the below table receive equal weighting or are independent, but the table provides a brief overview of the strong and weak points of the security in the context of the strategy's criteria. SECTOR: PASS SALES: PASS CURRENT RATIO: PASS LONG-TERM DEBT IN RELATION TO NET CURRENT ASSETS: FAIL LONG-TERM EPS GROWTH: PASS P/E RATIO: PASS PRICE/BOOK RATIO: PASS Detailed Analysis of PATRICK INDUSTRIES, INC. PATK Guru Analysis PATK Fundamental Analysis AGCO CORPORATION (AGCO) is a mid-cap value stock in the Constr. & Agric. Machinery industry. The rating according to our strategy based on Benjamin Graham is 71% based on the firm’s underlying fundamentals and the stock’s valuation. A score of 80% or above typically indicates that the strategy has some interest in the stock and a score above 90% typically indicates strong interest. Company Description: AGCO Corporation is a manufacturer and distributor of agricultural equipment and related replacement parts throughout the world. The Company sells a range of agricultural equipment, including tractors, combines, self-propelled sprayers, hay tools, forage equipment, seeding and tillage equipment, implements, and grain storage and protein production systems. It provides telemetry-based fleet management tools, including remote monitoring and diagnostics, which help farmers improve uptime, machine and yield optimization, mixed fleet optimization and decision support. The Company's Precision Planting, Headsight and Intelligent Ag Solutions brands provide retrofit solutions to upgrade farmers existing equipment to improve their planting, liquid application and harvest operations. The Company's Precision Planting, Headsight, JCA and Intelligent Ag Solutions brands also sell precision agriculture solutions around the crop cycle to third party original equipment manufacturers (OEMs). The following table summarizes whether the stock meets each of this strategy's tests. Not all criteria in the below table receive equal weighting or are independent, but the table provides a brief overview of the strong and weak points of the security in the context of the strategy's criteria. SECTOR: PASS SALES: PASS CURRENT RATIO: FAIL LONG-TERM DEBT IN RELATION TO NET CURRENT ASSETS: PASS LONG-TERM EPS GROWTH: PASS P/E RATIO: PASS PRICE/BOOK RATIO: FAIL Detailed Analysis of AGCO CORPORATION AGCO Guru Analysis AGCO Fundamental Analysis SNAP-ON INC (SNA) is a large-cap value stock in the Appliance & Tool industry. The rating according to our strategy based on Benjamin Graham is 71% based on the firm’s underlying fundamentals and the stock’s valuation. A score of 80% or above typically indicates that the strategy has some interest in the stock and a score above 90% typically indicates strong interest. Company Description: Snap-on Incorporated is a manufacturer and marketer of tools, equipment, diagnostics, repair information and systems solutions. The Company's segments include the Commercial and Industrial Group, which serves a range of industrial and commercial customers worldwide, including customers in the aerospace, natural resources, government, power generation, transportation and technical education market segments, through direct and distributor channels; the Snap-on Tools Group, which provides vehicle service and repair technicians through its worldwide mobile tool distribution channel; Repair Systems and Information Group, which consists of business operations serving other professional vehicle repair customers worldwide, owners and managers of independent repair shops and original equipment manufacturer dealerships, through direct and distributor channels, and Financial Services, which consists of the business operations of its finance subsidiaries. The following table summarizes whether the stock meets each of this strategy's tests. Not all criteria in the below table receive equal weighting or are independent, but the table provides a brief overview of the strong and weak points of the security in the context of the strategy's criteria. SECTOR: PASS SALES: PASS CURRENT RATIO: PASS LONG-TERM DEBT IN RELATION TO NET CURRENT ASSETS: PASS LONG-TERM EPS GROWTH: PASS P/E RATIO: FAIL PRICE/BOOK RATIO: FAIL Detailed Analysis of SNAP-ON INC SNA Guru Analysis SNA Fundamental Analysis U-HAUL HOLDING CO (UHAL) is a mid-cap value stock in the Rental & Leasing industry. The rating according to our strategy based on Benjamin Graham is 71% based on the firm’s underlying fundamentals and the stock’s valuation. A score of 80% or above typically indicates that the strategy has some interest in the stock and a score above 90% typically indicates strong interest. Company Description: U-Haul Holding Company is a do-it-yourself moving and storage operator through its subsidiary U-Haul International, Inc. (U-Haul). The Company's primary focus is to provide its customers with a selection of moving rental equipment, convenient self-storage rental facilities and portable moving and storage units and related moving and self-storage products and services. The Company's segments include Moving and Storage, Property and Casualty Insurance and Life Insurance. The Moving and Storage segment consists of the rental of trucks, trailers, portable moving and storage units, specialty rental items and self-storage spaces to the household mover, as well as sales of moving supplies, towing accessories and propane. Its Property and Casualty Insurance segment provides loss adjusting and claims handling for U-Haul through regional offices across the United States and Canada. Life Insurance provides life and health insurance products primarily for the senior market. The following table summarizes whether the stock meets each of this strategy's tests. Not all criteria in the below table receive equal weighting or are independent, but the table provides a brief overview of the strong and weak points of the security in the context of the strategy's criteria. SECTOR: PASS SALES: PASS CURRENT RATIO: FAIL LONG-TERM DEBT IN RELATION TO NET CURRENT ASSETS: FAIL LONG-TERM EPS GROWTH: PASS P/E RATIO: PASS PRICE/BOOK RATIO: PASS Detailed Analysis of U-HAUL HOLDING CO UHAL Guru Analysis UHAL Fundamental Analysis COPART, INC. (CPRT) is a large-cap growth stock in the Business Services industry. The rating according to our strategy based on Benjamin Graham is 71% based on the firm’s underlying fundamentals and the stock’s valuation. A score of 80% or above typically indicates that the strategy has some interest in the stock and a score above 90% typically indicates strong interest. Company Description: Copart, Inc. is a provider of online auctions and vehicle remarketing services. The Company offers services to process and sell vehicles to dealers, dismantlers, rebuilders, exporters and to the general public. It sells vehicles on behalf of insurance companies, banks, finance companies, charities, fleet operators, dealers, vehicle rental companies, and individuals. It has approximately 250,000 vehicles available online every day with operations at over 200 locations in 11 countries, including the United States, Canada, the United Kingdom, Brazil, the Republic of Ireland, Germany, Finland, the United Arab Emirates, Oman, Bahrain and Spain. It provides vehicle sellers with a full range of services to process and sell vehicles primarily over the internet through its Virtual Bidding Third Generation internet auction-style sales technology, VB3. Vehicle sellers consist primarily of insurance companies, but also include banks, finance companies, charities, fleet operators and others. The following table summarizes whether the stock meets each of this strategy's tests. Not all criteria in the below table receive equal weighting or are independent, but the table provides a brief overview of the strong and weak points of the security in the context of the strategy's criteria. SECTOR: PASS SALES: PASS CURRENT RATIO: PASS LONG-TERM DEBT IN RELATION TO NET CURRENT ASSETS: PASS LONG-TERM EPS GROWTH: PASS P/E RATIO: FAIL PRICE/BOOK RATIO: FAIL Detailed Analysis of COPART, INC. CPRT Guru Analysis CPRT Fundamental Analysis Benjamin Graham Portfolio Top Benjamin Graham Stocks About Benjamin Graham: The late Benjamin Graham may be the oldest of the gurus we follow, but his impact on the investing world has lasted for decades after his death in 1976. Known as both the ""Father of Value Investing"" and the founder of the entire field of security analysis, Graham mentored several of history's greatest investors -- including Warren Buffett -- and inspired a slew of others, including John Templeton, Mario Gabelli, and another of Validea's gurus, John Neff. Graham built his fortune and reputation after living through some extremely difficult times, including both the Great Depression and his own family's financial woes following his father's death when Benjamin was a young man. His investment firm posted per annum returns of about 20 percent from 1936 to 1956, far outpacing the 12.2 percent average return for the market during that time. About Validea: Validea is aninvestment researchservice that follows the published strategies of investment legends. Validea offers both stock analysis and model portfolios based on gurus who have outperformed the market over the long-term, including Warren Buffett, Benjamin Graham, Peter Lynch and Martin Zweig. For more information about Validea, click here The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
CPRT,2023-10-25,44.39,44.52,43.34,43.63,"The Zacks Rank Explained: How to Find Strong Buy Business Services Stocks Whether you're a growth, value, income, or momentum-focused investor, building a successful investment portfolio takes skill, research, and a little bit of luck. But how do you find the right combination of stocks? Funding your retirement, your kids' college tuition, or your short- and long-term savings goals certainly requires significant returns. Enter the Zacks Rank. What is the Zacks Rank? A unique, proprietary stock-rating model, the Zacks Rank uses earnings estimate revisions, or changes to a company's earnings expectations, to help investors create a winning portfolio. There are four main factors behind the Zacks Rank: Agreement, Magnitude, Upside, and Surprise. Agreement is the extent to which all brokerage analysts are revising their earnings estimates in the same direction. The greater the percentage of analysts revising their estimates higher, the better chance the stock will outperform. Magnitude is the size of the recent change in the consensus estimate for the current and next fiscal years. Upside is the difference between the most accurate estimate, which is calculated by Zacks, and the consensus estimate. Surprise is made up of a company's last few quarters' earnings per share surprises; companies with a positive earnings surprise are more likely to beat expectations in the future. Each one of these factors is given a raw score that's recalculated every night, and then compiled into the Zacks Rank. Using this data, stocks are classified into five groups, ranging from ""Strong Buy"" to ""Strong Sell."" The Power of Institutional Investors The Zacks Rank also allows individual investors, or retail investors, to benefit from the power of institutional investors. These professionals manage the trillions of dollars invested in hedge funds, mutual funds, and investment banks, and studies have shown that they can and do move the market because of the large amounts of money they invest with. Thus, the market tends to move in the same direction as institutional investors. In order to determine the fair value of a company and its shares, institutional investors design valuation models that focus on earnings and earnings estimates. Because if you raise earnings estimates, it then creates a higher fair value for a company and its stock price. Institutional investors will use these changes to help in their decision-making, typically buying stocks with rising estimates and selling those with falling estimates. Higher earnings expectations can translate into a rise in stock price and bigger gains for the investor. Since it can often take weeks, if not months, for an institutional investor to build a position (given their size), retail investors who get in at the first sign of upward earnings estimate revisions have a distinct advantage over these larger investors, and can benefit from the expected institutional buying that will follow. Not only can the Zacks Rank help you take advantage of trends in earnings estimate revisions, but it can also provide a way to get into stocks that are highly sought after by professionals. How to Invest with the Zacks Rank The Zacks Rank is known for transforming investment portfolios. In fact, a portfolio of Zacks Rank #1 (Strong Buy) stocks has beaten the market in 26 of the last 32 years, with an average annual return of +25.41%. Moreover, stocks with a new #1 (Strong Buy) ranking have some of the biggest profit potential, while those that fell to a #4 (Sell) or #5 (Strong Sell) have some of the worst. Let's take a look at Copart, Inc. (CPRT), which was added to the Zacks Rank #1 list on September 30, 2023. Based in Dallas, TX, Copart, Inc. was founded in 1982. The company provides online auctions and a wide range of remarketing services to process and sell salvage and clean-title vehicles. This is done mainly over the Internet, through its Virtual Bidding Third Generation (VB3) Internet auction-style sales technology. Sellers are primarily insurance companies, banks and financial institutions, charities, car dealerships, fleet operators and vehicle rental companies. Buyers include licensed vehicle dismantlers, rebuilders, repair licensees, used vehicle dealers and exporters, along with the general public. Five analysts revised their earnings estimate upwards in the last 60 days for fiscal 2024. The Zacks Consensus Estimate has increased $0.07 to $1.42 per share. CPRT boasts an average earnings surprise of 6.9%. Analysts are expecting earnings to grow 12.7% for the current fiscal year, with revenue forecasted to rise 7.7%. Even more impressive, CPRT has gained in value over the past four weeks, up 4.2% compared to the S&P 500's loss of 1.6%. Bottom Line With a #1 (Strong Buy) ranking, positive trend in earnings estimate revisions, and strong market momentum, Copart, Inc. should be on investors' shortlist. If you want even more information on the Zacks Ranks, or one of our many other investing strategies, check out the Zacks Education home page. Discover Today's Top Stocks Our private Zacks #1 Rank List, based on our quantitative Zacks Rank stock-rating system, has more than doubled the S&P 500 since 1988. Applying the Zacks Rank in your own trading can boost your investing returns on your very next trade. See Today's Zacks #1 Rank List >> 5 Stocks Set to Double Each was handpicked by a Zacks expert as the #1 favorite stock to gain +100% or more in 2023. Previous recommendations have soared +143.0%, +175.9%, +498.3% and +673.0%. Most of the stocks in this report are flying under Wall Street radar, which provides a great opportunity to get in on the ground floor. Today, See These 5 Potential Home Runs >> Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Copart, Inc. (CPRT) : Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
CPRT,2023-10-26,43.45,43.72,42.9,43.15,"Copart, Inc. (CPRT) Stock Moves -1.1%: What You Should Know In the latest market close, Copart, Inc. (CPRT) reached $43.15, with a -1.1% movement compared to the previous day. The stock outperformed the S&P 500, which registered a daily loss of 1.18%. Elsewhere, the Dow lost 0.76%, while the tech-heavy Nasdaq lost 1.76%. Prior to today's trading, shares of the company had gained 1.35% over the past month. This has outpaced the Business Services sector's loss of 4.13% and the S&P 500's loss of 3.35% in that time. The investment community will be closely monitoring the performance of Copart, Inc. in its forthcoming earnings report. The company is expected to report EPS of $0.32, up 23.08% from the prior-year quarter. Simultaneously, our latest consensus estimate expects the revenue to be $977.79 million, showing a 9.45% escalation compared to the year-ago quarter. CPRT's full-year Zacks Consensus Estimates are calling for earnings of $1.42 per share and revenue of $4.17 billion. These results would represent year-over-year changes of +12.7% and +7.65%, respectively. Investors should also pay attention to any latest changes in analyst estimates for Copart, Inc. These revisions help to show the ever-changing nature of near-term business trends. Therefore, positive revisions in estimates convey analysts' confidence in the company's business performance and profit potential. Our research shows that these estimate changes are directly correlated with near-term stock prices. To utilize this, we have created the Zacks Rank, a proprietary model that integrates these estimate changes and provides a functional rating system. Ranging from #1 (Strong Buy) to #5 (Strong Sell), the Zacks Rank system has a proven, outside-audited track record of outperformance, with #1 stocks returning an average of +25% annually since 1988. Over the last 30 days, the Zacks Consensus EPS estimate has witnessed a 2.16% increase. Currently, Copart, Inc. is carrying a Zacks Rank of #1 (Strong Buy). In terms of valuation, Copart, Inc. is presently being traded at a Forward P/E ratio of 30.77. This valuation marks no noticeable deviation compared to its industry's average Forward P/E of 30.77. The Auction and Valuation Services industry is part of the Business Services sector. With its current Zacks Industry Rank of 1, this industry ranks in the top 1% of all industries, numbering over 250. The Zacks Industry Rank evaluates the power of our distinct industry groups by determining the average Zacks Rank of the individual stocks forming the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1. Ensure to harness Zacks.com to stay updated with all these stock-shifting metrics, among others, in the next trading sessions. Infrastructure Stock Boom to Sweep America A massive push to rebuild the crumbling U.S. infrastructure will soon be underway. It’s bipartisan, urgent, and inevitable. Trillions will be spent. Fortunes will be made. The only question is “Will you get into the right stocks early when their growth potential is greatest?” Zacks has released a Special Report to help you do just that, and today it’s free. Discover 5 special companies that look to gain the most from construction and repair to roads, bridges, and buildings, plus cargo hauling and energy transformation on an almost unimaginable scale. Download FREE: How To Profit From Trillions On Spending For Infrastructure >> Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Copart, Inc. (CPRT) : Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
CPRT,2023-10-27,43.3,43.5,42.46,42.73,"Why Copart, Inc. (CPRT) Dipped More Than Broader Market Today In the latest trading session, Copart, Inc. (CPRT) closed at $42.73, marking a -0.97% move from the previous day. This change lagged the S&P 500's daily loss of 0.48%. Meanwhile, the Dow experienced a drop of 1.12%, and the technology-dominated Nasdaq saw an increase of 0.38%. Shares of the company have depreciated by 0.64% over the course of the past month, outperforming the Business Services sector's loss of 4% and the S&P 500's loss of 2.65%. Market participants will be closely following the financial results of Copart, Inc. in its upcoming release. The company is predicted to post an EPS of $0.32, indicating a 23.08% growth compared to the equivalent quarter last year. Meanwhile, our latest consensus estimate is calling for revenue of $977.79 million, up 9.45% from the prior-year quarter. For the full year, the Zacks Consensus Estimates are projecting earnings of $1.42 per share and revenue of $4.17 billion, which would represent changes of +12.7% and +7.65%, respectively, from the prior year. Investors should also pay attention to any latest changes in analyst estimates for Copart, Inc. These latest adjustments often mirror the shifting dynamics of short-term business patterns. As such, positive estimate revisions reflect analyst optimism about the company's business and profitability. Our research reveals that these estimate alterations are directly linked with the stock price performance in the near future. To exploit this, we've formed the Zacks Rank, a quantitative model that includes these estimate changes and presents a viable rating system. The Zacks Rank system, ranging from #1 (Strong Buy) to #5 (Strong Sell), possesses a remarkable history of outdoing, externally audited, with #1 stocks returning an average annual gain of +25% since 1988. Within the past 30 days, our consensus EPS projection has moved 2.16% higher. At present, Copart, Inc. boasts a Zacks Rank of #1 (Strong Buy). In the context of valuation, Copart, Inc. is at present trading with a Forward P/E ratio of 30.43. This expresses no noticeable deviation compared to the average Forward P/E of 30.43 of its industry. The Auction and Valuation Services industry is part of the Business Services sector. This group has a Zacks Industry Rank of 1, putting it in the top 1% of all 250+ industries. The Zacks Industry Rank assesses the vigor of our specific industry groups by computing the average Zacks Rank of the individual stocks incorporated in the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1. Ensure to harness Zacks.com to stay updated with all these stock-shifting metrics, among others, in the next trading sessions. Zacks Names ""Single Best Pick to Double"" From thousands of stocks, 5 Zacks experts each have chosen their favorite to skyrocket +100% or more in months to come. From those 5, Director of Research Sheraz Mian hand-picks one to have the most explosive upside of all. It’s a little-known chemical company that’s up 65% over last year, yet still dirt cheap. With unrelenting demand, soaring 2022 earnings estimates, and $1.5 billion for repurchasing shares, retail investors could jump in at any time. This company could rival or surpass other recent Zacks’ Stocks Set to Double like Boston Beer Company which shot up +143.0% in little more than 9 months and NVIDIA which boomed +175.9% in one year. Free: See Our Top Stock and 4 Runners Up >> Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Copart, Inc. (CPRT) : Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
CPRT,2023-10-30,43.12,43.225,42.41,43.12,"Should iShares Russell Mid-Cap Growth ETF (IWP) Be on Your Investing Radar? Looking for broad exposure to the Mid Cap Growth segment of the US equity market? You should consider the iShares Russell Mid-Cap Growth ETF (IWP), a passively managed exchange traded fund launched on 07/17/2001. The fund is sponsored by Blackrock. It has amassed assets over $11.51 billion, making it the largest ETFs attempting to match the Mid Cap Growth segment of the US equity market. Why Mid Cap Growth Mid cap companies have market capitalization between $2 billion and $10 billion. They usually have higher growth prospects than large cap companies and are less volatile than small cap companies. Thus they have a nice balance of growth potential and stability. Growth stocks have higher than average sales and earnings growth rates. While these are expected to grow faster than the broader market, they also have higher valuations. Also, growth stocks are a type of equity that carries more risk compared to others. They are likely to outperform value stocks in strong bull markets but over the longer-term, value stocks have delivered better returns than growth stocks in almost all markets. Costs Expense ratios are an important factor in the return of an ETF and in the long term, cheaper funds can significantly outperform their more expensive counterparts, other things remaining the same. Annual operating expenses for this ETF are 0.23%, putting it on par with most peer products in the space. It has a 12-month trailing dividend yield of 0.75%. Sector Exposure and Top Holdings ETFs offer a diversified exposure and thus minimize single stock risk but it is still important to delve into a fund's holdings before investing. Most ETFs are very transparent products and many disclose their holdings on a daily basis. This ETF has heaviest allocation to the Information Technology sector--about 23.40% of the portfolio. Industrials and Healthcare round out the top three. Looking at individual holdings, Apollo Global Management Inc (APO) accounts for about 1.67% of total assets, followed by Cheniere Energy Inc (LNG) and Copart Inc (CPRT). The top 10 holdings account for about 13.99% of total assets under management. Performance and Risk IWP seeks to match the performance of the Russell MidCap Growth Index before fees and expenses. The Russell Midcap Growth Index measures the performance of the mid-capitalization growth sector of the U.S. equity market. It is a subset of the Russell Midcap Index, which measures the performance of the mid-capitalization sector of the U.S. equity market & approximately 47% of the total market value of the Russell Midcap Index. The ETF return is roughly 2.95% so far this year and is up about 3.49% in the last one year (as of 10/30/2023). In the past 52-week period, it has traded between $81.31 and $100.32. The ETF has a beta of 1.09 and standard deviation of 24.01% for the trailing three-year period, making it a medium risk choice in the space. With about 339 holdings, it effectively diversifies company-specific risk. Alternatives IShares Russell Mid-Cap Growth ETF holds a Zacks ETF Rank of 2 (Buy), which is based on expected asset class return, expense ratio, and momentum, among other factors. Because of this, IWP is an excellent option for investors seeking exposure to the Style Box - Mid Cap Growth segment of the market. There are other additional ETFs in the space that investors could consider as well. The iShares S&P Mid-Cap 400 Growth ETF (IJK) and the Vanguard Mid-Cap Growth ETF (VOT) track a similar index. While iShares S&P Mid-Cap 400 Growth ETF has $6.91 billion in assets, Vanguard Mid-Cap Growth ETF has $9.71 billion. IJK has an expense ratio of 0.17% and VOT charges 0.07%. Bottom-Line Passively managed ETFs are becoming increasingly popular with institutional as well as retail investors due to their low cost, transparency, flexibility and tax efficiency. They are excellent vehicles for long term investors. To learn more about this product and other ETFs, screen for products that match your investment objectives and read articles on latest developments in the ETF investing universe, please visit Zacks ETF Center. Want key ETF info delivered straight to your inbox? Zacks’ free Fund Newsletter will brief you on top news and analysis, as well as top-performing ETFs, each week. Get it free >> Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report iShares Russell Mid-Cap Growth ETF (IWP): ETF Research Reports Cheniere Energy, Inc. (LNG) : Free Stock Analysis Report Copart, Inc. (CPRT) : Free Stock Analysis Report Apollo Global Management Inc. (APO) : Free Stock Analysis Report Vanguard Mid-Cap Growth ETF (VOT): ETF Research Reports iShares S&P Mid-Cap 400 Growth ETF (IJK): ETF Research Reports To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
CPRT,2023-10-31,43.18,43.655,42.89,43.52,
CPRT,2023-11-01,43.715,43.9,42.835,43.82,
CPRT,2023-11-02,44.13,45.365,44.05,45.25,
CPRT,2023-11-03,45.61,46.195,45.52,45.93,
CPRT,2023-11-06,46.09,46.15,45.5,45.91,"Copart, Inc. (CPRT) Stock Falls Amid Market Uptick: What Investors Need to Know Copart, Inc. (CPRT) closed the latest trading day at $45.91, indicating a -0.04% change from the previous session's end. This change lagged the S&P 500's daily gain of 0.18%. At the same time, the Dow added 0.1%, and the tech-heavy Nasdaq gained 0.3%. Shares of the company have appreciated by 2.45% over the course of the past month, underperforming the Business Services sector's gain of 2.75% and the S&P 500's gain of 3.08%. Market participants will be closely following the financial results of Copart, Inc. in its upcoming release. The company is expected to report EPS of $0.32, up 23.08% from the prior-year quarter. Meanwhile, the latest consensus estimate predicts the revenue to be $977.79 million, indicating a 9.45% increase compared to the same quarter of the previous year. For the annual period, the Zacks Consensus Estimates anticipate earnings of $1.42 per share and a revenue of $4.17 billion, signifying shifts of +12.7% and +7.65%, respectively, from the last year. Any recent changes to analyst estimates for Copart, Inc. should also be noted by investors. Recent revisions tend to reflect the latest near-term business trends. With this in mind, we can consider positive estimate revisions a sign of optimism about the company's business outlook. Empirical research indicates that these revisions in estimates have a direct correlation with impending stock price performance. To capitalize on this, we've crafted the Zacks Rank, a unique model that incorporates these estimate changes and offers a practical rating system. Ranging from #1 (Strong Buy) to #5 (Strong Sell), the Zacks Rank system has a proven, outside-audited track record of outperformance, with #1 stocks returning an average of +25% annually since 1988. Over the past month, the Zacks Consensus EPS estimate has remained steady. Copart, Inc. currently has a Zacks Rank of #1 (Strong Buy). In the context of valuation, Copart, Inc. is at present trading with a Forward P/E ratio of 32.39. This signifies no noticeable deviation in comparison to the average Forward P/E of 32.39 for its industry. The Auction and Valuation Services industry is part of the Business Services sector. At present, this industry carries a Zacks Industry Rank of 1, placing it within the top 1% of over 250 industries. The Zacks Industry Rank assesses the strength of our separate industry groups by calculating the average Zacks Rank of the individual stocks contained within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1. Make sure to utilize Zacks.com to follow all of these stock-moving metrics, and more, in the coming trading sessions. Zacks Reveals ChatGPT ""Sleeper"" Stock One little-known company is at the heart of an especially brilliant Artificial Intelligence sector. By 2030, the AI industry is predicted to have an internet and iPhone-scale economic impact of $15.7 Trillion. As a service to readers, Zacks is providing a bonus report that names and explains this explosive growth stock and 4 other ""must buys."" Plus more. Download Free ChatGPT Stock Report Right Now >> Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Copart, Inc. (CPRT) : Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
CPRT,2023-11-07,46.1,46.75,45.74,46.53,"CPRT Quantitative Stock Analysis Below is Validea's guru fundamental report for COPART, INC. (CPRT). Of the 22 guru strategies we follow, CPRT rates highest using our Quantitative Momentum Investor model based on the published strategy of Wesley Gray. This momentum model looks for stocks with strong and consistent intermediate-term relative performance. COPART, INC. (CPRT) is a large-cap growth stock in the Business Services industry. The rating using this strategy is 100% based on the firm’s underlying fundamentals and the stock’s valuation. A score of 80% or above typically indicates that the strategy has some interest in the stock and a score above 90% typically indicates strong interest. The following table summarizes whether the stock meets each of this strategy's tests. Not all criteria in the below table receive equal weighting or are independent, but the table provides a brief overview of the strong and weak points of the security in the context of the strategy's criteria. DEFINE THE UNIVERSE: PASS TWELVE MINUS ONE MOMENTUM: PASS RETURN CONSISTENCY PASS SEASONALITY NEUTRAL Detailed Analysis of COPART, INC. CPRT Guru Analysis CPRT Fundamental Analysis More Information on Wesley Gray Wesley Gray Portfolio About Wesley Gray: Wesley Gray is the founder of Alpha Architect and the author (along with co-author Jack Vogel) of ""Quantitative Momentum A Practitioner's Guide to Building a Momentum-Based Stock Selection System"". He is also the author (along with co-author Tobias Carlisle) of ""Quantitative Value: A Practitioner's Guide to Automating Intelligent Investment and Eliminating Behavioral Errors"". He is an industry recognized expert in the application of quantitative investing strategies. Wes is also a former Marine and has his Phd from the Univerisity of Chicago, where he studied under Nobel Prize winner Eugene Fama. Additional Research Links Top NASDAQ 100 Stocks Factor-Based ETF Portfolios Harry Browne Permanent Portfolio Ray Dalio All Weather Portfolio High Shareholder Yield Stocks About Validea: Validea is aninvestment researchservice that follows the published strategies of investment legends. Validea offers both stock analysis and model portfolios based on gurus who have outperformed the market over the long-term, including Warren Buffett, Benjamin Graham, Peter Lynch and Martin Zweig. For more information about Validea, click here The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
CPRT,2023-11-08,46.75,46.89,46.2,46.62,
CPRT,2023-11-09,46.8516,47.32,46.49,46.69,
CPRT,2023-11-10,47.71,48.9286,47.655,48.73,"How to Find Strong Buy Business Services Stocks Using the Zacks Rank Whether you're a growth, value, income, or momentum-focused investor, building a successful investment portfolio takes skill, research, and a little bit of luck. But how do you find the right combination of stocks? Funding your retirement, your kids' college tuition, or your short- and long-term savings goals certainly requires significant returns. Enter the Zacks Rank. What is the Zacks Rank? The Zacks Rank is a unique, proprietary stock-rating model that utilizes earnings estimate revisions to help investors build a winning portfolio. There are four main factors behind the Zacks Rank: Agreement, Magnitude, Upside, and Surprise. Agreement is the extent to which all brokerage analysts are revising their earnings estimates in the same direction. The greater the percentage of analysts revising their estimates higher, the better chance the stock will outperform. Magnitude is the size of the recent change in the consensus estimate for the current and next fiscal years. Upside is the difference between the most accurate estimate, which is calculated by Zacks, and the consensus estimate. Surprise is made up of a company's last few quarters' earnings per share surprises; companies with a positive earnings surprise are more likely to beat expectations in the future. Each factor is given a raw score, which is recalculated every night and compiled into the Zacks Rank. Utilizing this data, stocks are put into five different groups: Strong Buy, Buy, Hold, Sell, and Strong Sell. The Power of Institutional Investors The Zacks Rank also allows individual investors, or retail investors, to benefit from the power of institutional investors. Institutional investors are the professionals who manage the trillions of dollars invested in mutual funds, investment banks, and hedge funds. Studies have shown that these investors can and do move the market due to the large amounts of money they invest with. Because of this, the market tends to move in the same direction as institutional investors. In order to figure out the fair value of a company and its shares, these investors will build valuation models focused on earnings and earnings expectations. Because if you raise estimates for the bottom line, it creates a higher fair value for a company. Institutional investors will use these changes to help in their decision-making, typically buying stocks with rising estimates and selling those with falling estimates. Higher earnings expectations can translate into a rise in stock price and bigger gains for the investor. Because it can take a long time for an institutional investor to build a position -- sometimes weeks, if not months -- retail investors who get in at the first sign of upward revisions have a distinct advantage over these larger investors, and can benefit from the expected institutional buying that will follow. Not only can the Zacks Rank help you take advantage of trends in earnings estimate revisions, but it can also provide a way to get into stocks that are highly sought after by professionals. How to Invest with the Zacks Rank The Zacks Rank is known for transforming investment portfolios. In fact, a portfolio of Zacks Rank #1 (Strong Buy) stocks has beaten the market in 26 of the last 32 years, with an average annual return of +25.41%. Moreover, stocks with a new #1 (Strong Buy) ranking have some of the biggest profit potential, while those that fell to a #4 (Sell) or #5 (Strong Sell) have some of the worst. Let's take a look at Copart, Inc. (CPRT), which was added to the Zacks Rank #1 list on September 30, 2023. Based in Dallas, TX, Copart, Inc. was founded in 1982. The company provides online auctions and a wide range of remarketing services to process and sell salvage and clean-title vehicles. This is done mainly over the Internet, through its Virtual Bidding Third Generation (VB3) Internet auction-style sales technology. Sellers are primarily insurance companies, banks and financial institutions, charities, car dealerships, fleet operators and vehicle rental companies. Buyers include licensed vehicle dismantlers, rebuilders, repair licensees, used vehicle dealers and exporters, along with the general public. Five analysts revised their earnings estimate upwards in the last 60 days for fiscal 2024. The Zacks Consensus Estimate has increased $0.07 to $1.42 per share. CPRT boasts an average earnings surprise of 6.9%. Analysts are expecting earnings to grow 12.7% for the current fiscal year, with revenue forecasted to rise 7.7%. CPRT has been moving higher over the past four weeks as well, up 1.7% compared to the S&P 500's gain of 0.4%. Bottom Line With a #1 (Strong Buy) ranking, positive trend in earnings estimate revisions, and strong market momentum, Copart, Inc. should be on investors' shortlist. If you want even more information on the Zacks Ranks, or one of our many other investing strategies, check out the Zacks Education home page. Discover Today's Top Stocks Our private Zacks #1 Rank List, based on our quantitative Zacks Rank stock-rating system, has more than doubled the S&P 500 since 1988. Applying the Zacks Rank in your own trading can boost your investing returns on your very next trade. See Today's Zacks #1 Rank List >> Zacks Names ""Single Best Pick to Double"" From thousands of stocks, 5 Zacks experts each have chosen their favorite to skyrocket +100% or more in months to come. From those 5, Director of Research Sheraz Mian hand-picks one to have the most explosive upside of all. It’s credited with a “watershed medical breakthrough” and is developing a bustling pipeline of other projects that could make a world of difference for patients suffering from diseases involving the liver, lungs, and blood. This is a timely investment that you can catch while it emerges from its bear market lows. It could rival or surpass other recent Stocks Set to Double like Boston Beer Company which shot up +143.0% in little more than 9 months and NVIDIA which boomed +175.9% in one year. Free: See Our Top Stock And 4 Runners Up Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Copart, Inc. (CPRT) : Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
CPRT,2023-11-13,48.46,48.795,48.18,48.34,"Is Copart (CPRT) Outperforming Other Business Services Stocks This Year? Investors interested in Business Services stocks should always be looking to find the best-performing companies in the group. Copart, Inc. (CPRT) is a stock that can certainly grab the attention of many investors, but do its recent returns compare favorably to the sector as a whole? A quick glance at the company's year-to-date performance in comparison to the rest of the Business Services sector should help us answer this question. Copart, Inc. is a member of the Business Services sector. This group includes 317 individual stocks and currently holds a Zacks Sector Rank of #4. The Zacks Sector Rank considers 16 different sector groups. The average Zacks Rank of the individual stocks within the groups is measured, and the sectors are listed from best to worst. The Zacks Rank is a proven system that emphasizes earnings estimates and estimate revisions, highlighting a variety of stocks that are displaying the right characteristics to beat the market over the next one to three months. Copart, Inc. is currently sporting a Zacks Rank of #1 (Strong Buy). The Zacks Consensus Estimate for CPRT's full-year earnings has moved 5.2% higher within the past quarter. This means that analyst sentiment is stronger and the stock's earnings outlook is improving. Our latest available data shows that CPRT has returned about 60.1% since the start of the calendar year. In comparison, Business Services companies have returned an average of 10%. This means that Copart, Inc. is outperforming the sector as a whole this year. One other Business Services stock that has outperformed the sector so far this year is Fiserv (FI). The stock is up 20.2% year-to-date. Over the past three months, Fiserv's consensus EPS estimate for the current year has increased 0.6%. The stock currently has a Zacks Rank #2 (Buy). Looking more specifically, Copart, Inc. belongs to the Auction and Valuation Services industry, a group that includes 2 individual stocks and currently sits at #1 in the Zacks Industry Rank. On average, stocks in this group have gained 57.7% this year, meaning that CPRT is performing better in terms of year-to-date returns. In contrast, Fiserv falls under the Financial Transaction Services industry. Currently, this industry has 38 stocks and is ranked #154. Since the beginning of the year, the industry has moved +11.7%. Investors with an interest in Business Services stocks should continue to track Copart, Inc. and Fiserv. These stocks will be looking to continue their solid performance. 4 Oil Stocks with Massive Upsides Global demand for oil is through the roof... and oil producers are struggling to keep up. So even though oil prices are well off their recent highs, you can expect big profits from the companies that supply the world with ""black gold."" Zacks Investment Research has just released an urgent special report to help you bank on this trend. In Oil Market on Fire, you'll discover 4 unexpected oil and gas stocks positioned for big gains in the coming weeks and months. You don't want to miss these recommendations. Download your free report now to see them. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Copart, Inc. (CPRT) : Free Stock Analysis Report Fiserv, Inc. (FI) : Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
CPRT,2023-11-14,49.15,49.8999,48.47,49.69,
CPRT,2023-11-15,49.87,50.0,49.16,49.22,
CPRT,2023-11-16,49.35,49.68,49.21,49.31,"[""Copart, Inc. (CPRT) Tops Q1 Earnings and Revenue Estimates 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. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of 6.25%. A quarter ago, it was expected that this company would post earnings of $0.31 per share when it actually produced earnings of $0.34, delivering a surprise of 9.68%. Over the last four quarters, the company has surpassed consensus EPS estimates four times. Copart, Inc., which belongs to the Zacks Auction and Valuation Services industry, posted revenues of $1.02 billion for the quarter ended October 2023, surpassing the Zacks Consensus Estimate by 4.36%. This compares to year-ago revenues of $893.37 million. The company has topped consensus revenue estimates four times over the last four quarters. The sustainability of the stock's immediate price movement based on the recently-released numbers and future earnings expectations will mostly depend on management's commentary on the earnings call. Copart, Inc. Shares have added about 61.7% since the beginning of the year versus the S&P 500's gain of 17.3%. What's Next for Copart, Inc. While Copart, Inc. Has outperformed the market so far this year, the question that comes to investors' minds is: what's next for the stock? There are no easy answers to this key question, but one reliable measure that can help investors address this is the company's earnings outlook. Not only does this include current consensus earnings expectations for the coming quarter(s), but also how these expectations have changed lately. Empirical research shows a strong correlation between near-term stock movements and trends in earnings estimate revisions. Investors can track such revisions by themselves or rely on a tried-and-tested rating tool like the Zacks Rank, which has an impressive track record of harnessing the power of earnings estimate revisions. Ahead of this earnings release, the estimate revisions trend for Copart, Inc. Favorable. While the magnitude and direction of estimate revisions could change following the company's just-released earnings report, the current status translates into a Zacks Rank #2 (Buy) for the stock. So, the shares are expected to outperform the market in the near future. You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here. It will be interesting to see how estimates for the coming quarters and current fiscal year change in the days ahead. The current consensus EPS estimate is $0.34 on $1.03 billion in revenues for the coming quarter and $1.42 on $4.17 billion in revenues for the current fiscal year. Investors should be mindful of the fact that the outlook for the industry can have a material impact on the performance of the stock as well. In terms of the Zacks Industry Rank, Auction and Valuation Services is currently in the top 2% of the 250 plus Zacks industries. Our research shows that the top 50% of the Zacks-ranked industries outperform the bottom 50% by a factor of more than 2 to 1. Korn/Ferry (KFY), another stock in the broader Zacks Business Services sector, has yet to report results for the quarter ended October 2023. This staffing company is expected to post quarterly earnings of $0.96 per share in its upcoming report, which represents a year-over-year change of -32.9%. The consensus EPS estimate for the quarter has remained unchanged over the last 30 days. Korn/Ferry's revenues are expected to be $684.79 million, down 5.9% from the year-ago quarter. Zacks Names \""Single Best Pick to Double\"" From thousands of stocks, 5 Zacks experts each have chosen their favorite to skyrocket +100% or more in months to come. From those 5, Director of Research Sheraz Mian hand-picks one to have the most explosive upside of all. It\u2019s a little-known chemical company that\u2019s up 65% over last year, yet still dirt cheap. With unrelenting demand, soaring 2022 earnings estimates, and $1.5 billion for repurchasing shares, retail investors could jump in at any time. This company could rival or surpass other recent Zacks\u2019 Stocks Set to Double like Boston Beer Company which shot up +143.0% in little more than 9 months and NVIDIA which boomed +175.9% in one year. Free: See Our Top Stock and 4 Runners Up >> Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Copart, Inc. (CPRT) : Free Stock Analysis Report Korn/Ferry International (KFY) : Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Copart, Inc. Reports Climb In Q1 Income, Beats estimates (RTTNews) - Copart, Inc. (CPRT) revealed earnings for its first quarter that increased from the same period last year and beat the Street estimates. The company's bottom line came in at $332.53 million, or $0.34 per share. This compares with $245.85 million, or $0.25 per share, in last year's first quarter. Analysts on average had expected the company to earn $0.32 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items. The company's revenue for the quarter rose 14.2% to $1.02 billion from $893.37 million last year. Copart, Inc. earnings at a glance (GAAP) : -Earnings (Q1): $332.53 Mln. vs. $245.85 Mln. last year. -EPS (Q1): $0.34 vs. $0.25 last year. -Analyst Estimate: $0.32 -Revenue (Q1): $1.02 Bln vs. $893.37 Mln last year. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Time to Take Profits: 2 Stocks to Buy on a Pullback The stock market has been on an almost unbelievable run over the last three weeks; however, I think it warrants some caution from investors. While I remain a bull into year end, I don\u2019t think now is the time to get aggressive on the long side and investors would be prudent to book some gains here. I want to be clear, by no means am I expecting something catastrophic to happen, but when the Nasdaq 100 rallies 13% in just a couple of weeks I am not in a rush to buy. I think a pull back to the breakout level is a reasonable expectation over the next couple of weeks and would set the market up nicely for a year end rally. Here, I am going to share two stocks I would like to buy in case of a market pullback. This is definitely a more tactical look at the market, so investors who don\u2019t trade actively should be comfortable maintaining long exposure through year end. Image Source: TradingView Copart Copart CPRT, an industry dominating car auction company has been a fantastic stock to own all year. It has recently broken out from a clear bullish consolidation and would be a great stock to buy on a pullback. Image Source: TradingView Copart enjoys a Zacks Rank #2 (Buy) rating, reflecting upward trending earnings revisions. Current quarter earnings estimates have been revised higher by 3.2% over the last two months and are forecast to climb 23% YoY to $0.32 per share. FY23 earnings estimates have been increased by nearly 3% and are projected to grow 12.7% YoY. Image Source: Zacks Investment Research Amazon Amazon AMZN is another stock that has traded very strongly off the lows this last month. After forming a descending wedge, the stock broke out and traded aggressively higher. Now I think a pullback in the stock price may set up another powerful year end move. Image Source: TradingView Amazon too has a Zacks Rank #2 (Buy) rating, indicating upward trending earnings revisions. Current quarter earnings estimates have been upgraded by 11.8% over the last month and are expected to grow an incredible 262% YoY to $0.76 per share. FY23 earnings estimates have been boosted by nearly 20% and are projected to increase 276% YoY to $2.67 per share. Image Source: Zacks Investment Research Bottom Line Both of these stocks have performed extremely well YTD and I believe will finish the year strong as well. There are plenty of bullish catalysts to send this market higher in the last quarter, but because the market is so extended, I think a slight pullback is in the cards over the next couple of weeks. Best of luck traders! 7 Best Stocks for the Next 30 Days Just released: Experts distill 7 elite stocks from the current list of 220 Zacks Rank #1 Strong Buys. They deem these tickers \""Most Likely for Early Price Pops.\"" Since 1988, the full list has beaten the market more than 2X over with an average gain of +24.0% per year. So be sure to give these hand-picked 7 your immediate attention. See them now >> Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Amazon.com, Inc. (AMZN) : Free Stock Analysis Report Copart, Inc. (CPRT) : Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Copart Q1 24 Earnings Conference Call At 5:30 PM ET (RTTNews) - Copart, Inc (CPRT) will host a conference call at 5:30 PM ET on November 16, 2023, to discuss Q1 24 earnings results. To access the live webcast, log on to https://event.choruscall.com/mediaframe/webcast.html?webcastid=Wp7MBCvr The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""After-Hours Earnings Report for November 16, 2023 : AMAT, CPRT, ROST, ZTO, WWD, GLOB, DLB, POST, GPS, UGI, ESE, QFIN The following companies are expected to report earnings after hours on 11/16/2023. Visit our Earnings Calendar for a full list of expected earnings releases. Applied Materials, Inc. (AMAT)is reporting for the quarter ending October 31, 2023. The capital goods company's consensus earnings per share forecast from the 12 analysts that follow the stock is $1.98. This value represents a 2.46% decrease compared to the same quarter last year. In the past year AMAT has beat the expectations every quarter. The highest one was in the 3rd calendar quarter where they beat the consensus by 9.83%. Zacks Investment Research reports that the 2023 Price to Earnings ratio for AMAT is 19.67 vs. an industry ratio of 25.20. Copart, Inc. (CPRT)is reporting for the quarter ending October 31, 2023. The auction company's consensus earnings per share forecast from the 4 analysts that follow the stock is $0.32. This value represents a 28.00% increase compared to the same quarter last year. CPRT missed the consensus earnings per share in the 4th calendar quarter of 2022 by -10.71%. Zacks Investment Research reports that the 2024 Price to Earnings ratio for CPRT is 34.66 vs. an industry ratio of 32.20, implying that they will have a higher earnings growth than their competitors in the same industry. Ross Stores, Inc. (ROST)is reporting for the quarter ending October 31, 2023. The discount retail company's consensus earnings per share forecast from the 10 analysts that follow the stock is $1.22. This value represents a 22.00% increase compared to the same quarter last year. In the past year ROST has beat the expectations every quarter. The highest one was in the 3rd calendar quarter where they beat the consensus by 12.82%. Zacks Investment Research reports that the 2024 Price to Earnings ratio for ROST is 23.66 vs. an industry ratio of 21.50, implying that they will have a higher earnings growth than their competitors in the same industry. ZTO Express (Cayman) Inc. (ZTO)is reporting for the quarter ending September 30, 2023. The transportation services company's consensus earnings per share forecast from the 1 analyst that follows the stock is $0.33. This value represents a no change for the same quarter last year. In the past year ZTO has beat the expectations every quarter. The highest one was in the 2nd calendar quarter where they beat the consensus by 27.27%. Zacks Investment Research reports that the 2023 Price to Earnings ratio for ZTO is 16.21 vs. an industry ratio of 11.10, implying that they will have a higher earnings growth than their competitors in the same industry. Woodward, Inc. (WWD)is reporting for the quarter ending September 30, 2023. The industrial company's consensus earnings per share forecast from the 5 analysts that follow the stock is $1.27. This value represents a 51.19% increase compared to the same quarter last year. WWD missed the consensus earnings per share in the 4th calendar quarter of 2022 by -18.33%. Zacks Investment Research reports that the 2023 Price to Earnings ratio for WWD is 32.44 vs. an industry ratio of 32.90. Globant S.A. (GLOB)is reporting for the quarter ending September 30, 2023. The internet software company's consensus earnings per share forecast from the 8 analysts that follow the stock is $1.20. This value represents a 22.45% increase compared to the same quarter last year. Zacks Investment Research reports that the 2023 Price to Earnings ratio for GLOB is 40.24 vs. an industry ratio of -2.00, implying that they will have a higher earnings growth than their competitors in the same industry. Dolby Laboratories (DLB)is reporting for the quarter ending September 30, 2023. The audio video production company's consensus earnings per share forecast from the 3 analysts that follow the stock is $0.27. This value represents a 18.18% decrease compared to the same quarter last year. DLB missed the consensus earnings per share in the 3rd calendar quarter of 2022 by -29.79%. Zacks Investment Research reports that the 2023 Price to Earnings ratio for DLB is 36.04 vs. an industry ratio of 22.90, implying that they will have a higher earnings growth than their competitors in the same industry. Post Holdings, Inc. (POST)is reporting for the quarter ending September 30, 2023. The food company's consensus earnings per share forecast from the 5 analysts that follow the stock is $1.38. This value represents a 62.35% increase compared to the same quarter last year. In the past year POST has beat the expectations every quarter. The highest one was in the 2nd calendar quarter where they beat the consensus by 70.79%. Zacks Investment Research reports that the 2023 Price to Earnings ratio for POST is 16.86 vs. an industry ratio of 8.70, implying that they will have a higher earnings growth than their competitors in the same industry. Gap, Inc. (GPS)is reporting for the quarter ending October 31, 2023. The retail (shoe) company's consensus earnings per share forecast from the 8 analysts that follow the stock is $0.20. This value represents a 71.83% decrease compared to the same quarter last year. GPS missed the consensus earnings per share in the 1st calendar quarter of 2023 by -27.12%. Zacks Investment Research reports that the 2024 Price to Earnings ratio for GPS is 19.54 vs. an industry ratio of 13.20, implying that they will have a higher earnings growth than their competitors in the same industry. UGI Corporation (UGI)is reporting for the quarter ending September 30, 2023. The gas distribution company's consensus earnings per share forecast from the 2 analysts that follow the stock is $-0.06. This value represents a 0.00% decrease compared to the same quarter last year. The last two quarters UGI had negative earnings surprises; the latest report they missed by -100%. Zacks Investment Research reports that the 2023 Price to Earnings ratio for UGI is 8.03 vs. an industry ratio of 11.70. ESCO Technologies Inc. (ESE)is reporting for the quarter ending September 30, 2023. The machinery company's consensus earnings per share forecast from the 1 analyst that follows the stock is $1.20. This value represents a 0.83% decrease compared to the same quarter last year. In the past year ESE has beat the expectations every quarter. The highest one was in the 2nd calendar quarter where they beat the consensus by 10.1%. Zacks Investment Research reports that the 2023 Price to Earnings ratio for ESE is 28.48 vs. an industry ratio of 19.20, implying that they will have a higher earnings growth than their competitors in the same industry. Qifu Technology, Inc (QFIN)is reporting for the quarter ending September 30, 2023. The technology services company's consensus earnings per share forecast from the 1 analyst that follows the stock is $0.88. This value represents a 2.33% increase compared to the same quarter last year. Zacks Investment Research reports that the 2023 Price to Earnings ratio for QFIN is 4.49 vs. an industry ratio of 11.40. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.""]"
CPRT,2023-11-17,51.23,51.53,49.94,50.22,"[""Nasdaq 100 Movers: AMAT, ROST In early trading on Friday, shares of Ross Stores topped the list of the day's best performing components of the Nasdaq 100 index, trading up 8.4%. Year to date, Ross Stores registers a 12.3% gain. And the worst performing Nasdaq 100 component thus far on the day is Applied Materials, trading down 4.3%. Applied Materials is showing a gain of 52.2% looking at the year to date performance. Two other components making moves today are JD.com, trading down 2.7%, and Copart, trading up 4.2% on the day. VIDEO: Nasdaq 100 Movers: AMAT, ROST The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""S&P 500 Movers: AMAT, ROST In early trading on Friday, shares of Ross Stores topped the list of the day's best performing components of the S&P 500 index, trading up 7.7%. Year to date, Ross Stores registers a 11.5% gain. And the worst performing S&P 500 component thus far on the day is Applied Materials, trading down 4.8%. Applied Materials is showing a gain of 51.4% looking at the year to date performance. Two other components making moves today are Tesla, trading down 2.0%, and Copart, trading up 4.1% on the day. VIDEO: S&P 500 Movers: AMAT, ROST The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.""]"
CPRT,2023-11-20,50.1,51.06,49.83,50.85,"[""Here's Why Copart (CPRT) is a Solid Investment Choice Now Copart, Inc. CPRT provides online auction and a wide range of remarketing services to process and sell salvage and clean title vehicles. Its salvage auction volumes, and the buyout of AVK and Vincent Auto Solutions are major tailwinds. The Zacks Consensus Estimate for Copart\u2019s 2024 revenues and earnings per share is pegged at $4.17 billion and $1.42, respectively, implying a rise of 7.65% and 12.7%, respectively, from the year-ago reported number. Let us discuss the factors that highlight why Copart is an attractive pick. Growth Indicators Copart enjoys a leadership position in the automotive auction market, commanding roughly 40% of the market share. The company\u2019s competitiveness is supported by its multiple locations (both domestic and international) and the size of its new facility openings. Thanks to its large scale, solid market leadership and continued expansion efforts, Copart\u2019s revenues look poised for an upward trajectory. Salvage auction volumes are likely to remain elevated amid an increase in vehicle miles traveled and a higher collision frequency. Aging vehicles and technologically advanced auto parts are proving to be a boon for industry participants like Copart. The costs of replacing such sophisticated components are extremely high, prompting insurance agencies to declare the vehicles a total loss. The expected increase in total loss rates bodes well for Copart\u2019s top-line growth. The buyout of AVK and Vincent Auto Solutions has expanded Copart\u2019s portfolio and foothold. Expansion initiatives, along with a digital ramp-up, will aid Copart in a fast pickup across the country, fueling growth in a competitive marketplace. The launch of Copart Max has further stepped up its digital game. A strategic partnership with CHAMP titles to introduce an automated digital platform for car sellers also bodes well. The company recently invested in Purple Wave to expand its marketplace capabilities into new geographies or to service new asset types. The firm\u2019s strong balance sheet with low leverage and high liquidity provides it with financial flexibility. Copart\u2019s total debt to capitalization is 0.2 compared with the industry\u2019s 2.82. At the end of the first quarter of fiscal 2024, the company had $3.9 billion of liquidity, comprising $48 million in investments and held-to-maturity securities, $2.6 billion in cash/cash equivalents and an undrawn credit revolver of more than $1.2 billion. Other Key Picks CPRT currently carries Zacks Rank #2 (Buy). Some other top-ranked players in the auto space are Volvo VLVLY and Toyota Motor Corporation TM, each currently sporting Zacks Rank #1 (Strong Buy). You can see the complete list of today\u2019s Zacks #1 Rank stocks here. The Zacks Consensus Estimate for VLVLY\u2019s 2023 sales and earnings indicates year-over-year growth of 4.2% and 65.6%, respectively. The EPS estimates for 2023 and 2024 have increased by 28 cents and 13 cents, respectively, in the past 30 days. The Zacks Consensus Estimate for TM\u2019s 2023 sales and earnings indicates year-over-year growth of 10.6% and 29.7%, respectively. The EPS estimates for 2023 and 2024 have increased by 28 cents and 4 cents, respectively, in the past 30 days. Zacks Names \""Single Best Pick to Double\"" From thousands of stocks, 5 Zacks experts each have chosen their favorite to skyrocket +100% or more in months to come. From those 5, Director of Research Sheraz Mian hand-picks one to have the most explosive upside of all. It\u2019s credited with a \u201cwatershed medical breakthrough\u201d and is developing a bustling pipeline of other projects that could make a world of difference for patients suffering from diseases involving the liver, lungs, and blood. This is a timely investment that you can catch while it emerges from its bear market lows. It could rival or surpass other recent Stocks Set to Double like Boston Beer Company which shot up +143.0% in little more than 9 months and NVIDIA which boomed +175.9% in one year. Free: See Our Top Stock And 4 Runners Up Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Toyota Motor Corporation (TM) : Free Stock Analysis Report Copart, Inc. (CPRT) : Free Stock Analysis Report AB Volvo (VLVLY) : Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Are You a Momentum Investor? This 1 Stock Could Be the Perfect Pick For new and old investors, taking full advantage of the stock market and investing with confidence are common goals. Zacks Premium provides lots of different ways to do both. The research service features daily updates of the Zacks Rank and Zacks Industry Rank, full access to the Zacks #1 Rank List, Equity Research reports, and Premium stock screens, all of which will help you become a smarter, more confident investor. It also includes access to the Zacks Style Scores. What are the Zacks Style Scores? The Zacks Style Scores, developed alongside the Zacks Rank, are complementary indicators that rate stocks based on three widely-followed investing methodologies; they also help investors pick stocks with the best chances of beating the market over the next 30 days. Based on their value, growth, and momentum characteristics, each stock is assigned a rating of A, B, C, D, or F. The better the score, the better chance the stock will outperform; an A is better than a B, a B is better than a C, and so on. The Style Scores are broken down into four categories: Value Score Value investors love finding good stocks at good prices, especially before the broader market catches on to a stock's true value. Utilizing ratios like P/E, PEG, Price/Sales, Price/Cash Flow, and many other multiples, the Value Style Score identifies the most attractive and most discounted stocks. Growth Score While good value is important, growth investors are more focused on a company's financial strength and health, and its future outlook. The Growth Style Score takes projected and historic earnings, sales, and cash flow into account to uncover stocks that will see long-term, sustainable growth. Momentum Score Momentum trading is all about taking advantage of upward or downward trends in a stock's price or earnings outlook, and these investors live by the saying \""the trend is your friend.\"" The Momentum Style Score can pinpoint good times to build a position in a stock, using factors like one-week price change and the monthly percentage change in earnings estimates. VGM Score If you like to use all three kinds of investing, then the VGM Score is for you. It's a combination of all Style Scores, and is an important indicator to use with the Zacks Rank. The VGM Score rates each stock on their shared weighted styles, narrowing down the companies with the most attractive value, best growth forecast, and most promising momentum. How Style Scores Work with the Zacks Rank A proprietary stock-rating model, the Zacks Rank utilizes the power of earnings estimate revisions, or changes to a company's earnings outlook, to help investors create a successful portfolio. It's highly successful, with #1 (Strong Buy) stocks producing an unmatched +25.41% average annual return since 1988. That's more than double the S&P 500. But because of the large number of stocks we rate, there are over 200 companies with a Strong Buy rank, plus another 600 with a #2 (Buy) rank, on any given day. This totals more than 800 top-rated stocks, and it can be overwhelming to try and pick the best stocks for you and your portfolio. That's where the Style Scores come in. You want to make sure you're buying stocks with the highest likelihood of success, and to do that, you'll need to pick stocks with a Zacks Rank #1 or #2 that also have Style Scores of A or B. If you like a stock that only as a #3 (Hold) rank, it should also have Scores of A or B to guarantee as much upside potential as possible. Since the Scores were created to work together with the Zacks Rank, the direction of a stock's earnings estimate revisions should be a key factor when choosing which stocks to buy. A stock with a #4 (Sell) or #5 (Strong Sell) rating, for instance, even one with Scores of A and B, will still have a declining earnings forecast, and a greater chance its share price will fall too. Thus, the more stocks you own with a #1 or #2 Rank and Scores of A or B, the better. Stock to Watch: Copart, Inc. (CPRT) Based in Dallas, TX, Copart, Inc. was founded in 1982. The company provides online auctions and a wide range of remarketing services to process and sell salvage and clean-title vehicles. This is done mainly over the Internet, through its Virtual Bidding Third Generation (VB3) Internet auction-style sales technology. Sellers are primarily insurance companies, banks and financial institutions, charities, car dealerships, fleet operators and vehicle rental companies. Buyers include licensed vehicle dismantlers, rebuilders, repair licensees, used vehicle dealers and exporters, along with the general public. CPRT is a #2 (Buy) on the Zacks Rank, with a VGM Score of B. Momentum investors should take note of this Business Services stock. CPRT has a Momentum Style Score of A, and shares are up 15% over the past four weeks. Three analysts revised their earnings estimate upwards in the last 60 days for fiscal 2024. The Zacks Consensus Estimate has increased $0.03 to $1.42 per share. CPRT boasts an average earnings surprise of 10.3%. With a solid Zacks Rank and top-tier Momentum and VGM Style Scores, CPRT should be on investors' short list. Zacks Names \""Single Best Pick to Double\"" From thousands of stocks, 5 Zacks experts each have chosen their favorite to skyrocket +100% or more in months to come. From those 5, Director of Research Sheraz Mian hand-picks one to have the most explosive upside of all. It\u2019s credited with a \u201cwatershed medical breakthrough\u201d and is developing a bustling pipeline of other projects that could make a world of difference for patients suffering from diseases involving the liver, lungs, and blood. This is a timely investment that you can catch while it emerges from its bear market lows. It could rival or surpass other recent Stocks Set to Double like Boston Beer Company which shot up +143.0% in little more than 9 months and NVIDIA which boomed +175.9% in one year. Free: See Our Top Stock And 4 Runners Up Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Copart, Inc. (CPRT) : Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Company News for Nov 20, 2023 Shares of Microsoft Corporation MSFT lost 1.7%, with tech stocks falling through the day. Ross Stores, Inc.\u2019s ROST shares jumped 7.2% on the mini retail boom being witnessed with the holiday season looming large. Shares of Devon Energy Corporation DVN rose 2.4% on energy having a strong session. Shares of Copart, Inc. CPRT gained 1.9% after reporting first-quarter 2024 earnings of 34 cents per share, beating the Zacks Consensus Estimate of 32 cents. Zacks Names \""Single Best Pick to Double\"" From thousands of stocks, 5 Zacks experts each have chosen their favorite to skyrocket +100% or more in months to come. From those 5, Director of Research Sheraz Mian hand-picks one to have the most explosive upside of all. It\u2019s credited with a \u201cwatershed medical breakthrough\u201d and is developing a bustling pipeline of other projects that could make a world of difference for patients suffering from diseases involving the liver, lungs, and blood. This is a timely investment that you can catch while it emerges from its bear market lows. It could rival or surpass other recent Stocks Set to Double like Boston Beer Company which shot up +143.0% in little more than 9 months and NVIDIA which boomed +175.9% in one year. Free: See Our Top Stock And 4 Runners Up Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Microsoft Corporation (MSFT) : Free Stock Analysis Report Devon Energy Corporation (DVN) : Free Stock Analysis Report Ross Stores, Inc. (ROST) : Free Stock Analysis Report Copart, Inc. (CPRT) : Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Auto Roundup: AAP's Weak Q3 Results, GT's Transformation Plan & More Last week, United Auto Workers (UAW) union members ratified agreements with Detroit 3 automakers \u2014 General Motors, Ford and Stellantis \u2014 following extensive negotiations and a nearly seven-week strike. Around 68% of Ford and Stellantis\u2019 union workers voted in favor of the agreement, while 55% of General Motors' UAW-represented workers expressed support. Initially, the UAW union had proposed a substantial 40% wage increase, later revising it to 36% along with other demands. Ultimately, an agreement was reached for 25% wage hikes over the duration of the contract, along with other benefits. On the news front, Advance Auto Parts AAP, XPeng XPEV and Copart CPRT unveiled their quarterly reports. Meanwhile, Goodyear GT also made to the top stories with its transformation plan \u201cGoodyear Forward.\u201d Recap of Last Week\u2019s Important News Advance Auto incurred an adjusted loss of 82 cents per share for third-quarter 2023 against adjusted earnings of $1.92 in the year-ago quarter. The reported figure was also in contrast to the Zacks Consensus Estimate of earnings of $1.42 per share. Advance Auto generated net revenues of $2,719 million, which topped the Zacks Consensus Estimate of $2,679 million on higher-than-expected comparable store sales. Comparable store sales increased 1.2%. We projected an increase of 0.2%. The top line increased 2.9% year over year. Advance Auto had cash and cash equivalents of $317.5 million as of Oct 7, 2023. AAP now estimates 2023 net sales in the band of $11.25-$11.30 billion compared with the previous guided range of $11.25-$11.35 billion. Comparable store sales are projected within a range of negative 0.5% to 0%. The operating income margin is envisioned in the range of 1.8-2%, down from 4-4.3%, guided earlier. The company aims to open 55 to 65 new stores this year, up from the prior guidance of 40 to 60 stores. Copart reported first-quarter fiscal 2024 (ended Oct 31, 2023) adjusted earnings per share of 34 cents, beating the Zacks Consensus Estimate of 32 cents on better-than-expected service revenues. The bottom line also increased 36% year over year. The online auto auction leader generated revenues of $1.02 billion, beating the Zacks Consensus Estimate of $978 million. The top line also increased by 14.2% from the year-ago reported figure. Copart had cash, cash equivalents and restricted cash of $2.58 billion as of Oct 31, 2023, compared with $957 million as of Jul 31, 2023. Long-term debt and other liabilities declined to $9.4 million at the end of the reported quarter from $10.9 million as of Jul 31, 2023. Net cash from operating activities during the quarter totaled $375.2 million, up from $311.6 million in the year-ago quarter. Capex during the quarter was $162.2 million, up 6.3% year over year. Goodyear announced a transformation plan called \u201cGoodyear Forward.\u201d The plan will help the company optimize its portfolio, expand margins and reduce leverage to create significant value for its shareholders. The Goodyear Forward plan aims to raise more than $2 billion in proceeds from portfolio optimization. After a comprehensive assessment of all assets, the company is actively pursuing strategic alternatives for its chemical business, the Dunlop brand and the Off-the-Road equipment tire business. The tire manufacturer plans to generate a run-rate benefit of $1.3 billion by the end of 2025. It will achieve this by $1 billion in cost cuts. The top-line action is expected to drive the remaining annual run-rate benefit of $300 million. Considering the benefits of cost reduction and top-line action and the net effect of asset sales and inflation, Goodyear expects to double its operating margin from nearly 5% in 2023 to 10% by the end of 2025. In an effort to move closer toward an investment-grade rating, Goodyear aims to consolidate its financial profile via improved earnings, strong cash flow generation and debt reduction. It expects to achieve around $1.5 billion of debt reduction by 2025, targeting net leverage of 2.0-2.5 times in the same period. GT currently carries a Zacks Rank #3 (Hold). You can see the complete list of today\u2019s Zacks #1 Rank (Strong Buy) stocks here. XPeng incurred a loss per share of 62 cents in the third quarter of 2023, narrower than the Zacks Consensus Estimate of a loss of 72 cents. Total revenues were $1.17 billion, up 25% on a year-over-year basis. While revenues from vehicle sales were up 25.7% year over year to $1.08, service and other sales rose 17.7% to $0.09 billion. Deliveries came in at 40,008 units during the quarter. Gross margin came in at negative 2.7%,witnessing a steep fall from 13.5% registered in the year-ago period due to high cost of sales, which flared up 48.4%. Vehicle margin was negative 6.1% in the quarter under review against 11.6% in the corresponding period of 2022. R&D and SG&A expenses were $180 million (down 12.9% year over year) and $230 million (up 4% year over year), respectively. As of Sep 30, the company had cash and cash equivalents of $1.67 billion. Long-term borrowings were $880 million as of Sep 30. For the fourth quarter of 2023, XPEV expects deliveries within 59,500-63,500 units, implying a jump of 168-186%. Revenues are envisioned in the band of RMB 12.7-13.6 billion, indicating a surge of 147-164.6%. Price Performance The following table shows the price movement of some of the major auto players over the last week and six-month period. Image Source: Zacks Investment Research What\u2019s Next in the Auto Space? Industry watchers will keep a tab on October 2023 new car registrations to be released by the European Automobile Manufacturers Association soon. Zacks Names \""Single Best Pick to Double\"" From thousands of stocks, 5 Zacks experts each have chosen their favorite to skyrocket +100% or more in months to come. From those 5, Director of Research Sheraz Mian hand-picks one to have the most explosive upside of all. It\u2019s credited with a \u201cwatershed medical breakthrough\u201d and is developing a bustling pipeline of other projects that could make a world of difference for patients suffering from diseases involving the liver, lungs, and blood. This is a timely investment that you can catch while it emerges from its bear market lows. It could rival or surpass other recent Stocks Set to Double like Boston Beer Company which shot up +143.0% in little more than 9 months and NVIDIA which boomed +175.9% in one year. Free: See Our Top Stock And 4 Runners Up Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report The Goodyear Tire & Rubber Company (GT) : Free Stock Analysis Report Advance Auto Parts, Inc. (AAP) : Free Stock Analysis Report Copart, Inc. (CPRT) : Free Stock Analysis Report XPeng Inc. Sponsored ADR (XPEV) : Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.""]"
CPRT,2023-11-21,50.87,51.115,50.51,50.65,
CPRT,2023-11-22,50.98,51.325,50.745,50.89,"Copart, Inc. (CPRT) is a Great Momentum Stock: Should You Buy? Momentum investing revolves around the idea of following a stock's recent trend in either direction. In the 'long' context, investors will be essentially be ""buying high, but hoping to sell even higher."" With this methodology, taking advantage of trends in a stock's price is key; once a stock establishes a course, it is more than likely to continue moving that way. The goal is that once a stock heads down a fixed path, it will lead to timely and profitable trades. Even though momentum is a popular stock characteristic, it can be tough to define. Debate surrounding which are the best and worst metrics to focus on is lengthy, but the Zacks Momentum Style Score, part of the Zacks Style Scores, helps address this issue for us. Below, we take a look at Copart, Inc. (CPRT), a company that currently holds a Momentum Style Score of B. We also talk about price change and earnings estimate revisions, two of the main aspects of the Momentum Style Score. It's also important to note that Style Scores work as a complement to the Zacks Rank, our stock rating system that has an impressive track record of outperformance. Copart, Inc. Currently has a Zacks Rank of #2 (Buy). Our research shows that stocks rated Zacks Rank #1 (Strong Buy) and #2 (Buy) and Style Scores of A or B outperform the market over the following one-month period. You can see the current list of Zacks #1 Rank Stocks here >>> Set to Beat the Market? Let's discuss some of the components of the Momentum Style Score for CPRT that show why this company shows promise as a solid momentum pick. Looking at a stock's short-term price activity is a great way to gauge if it has momentum, since this can reflect both the current interest in a stock and if buyers or sellers have the upper hand at the moment. It is also useful to compare a security to its industry, as this can help investors pinpoint the top companies in a particular area. For CPRT, shares are up 3.06% over the past week while the Zacks Auction and Valuation Services industry is up 3.06% over the same time period. Shares are looking quite well from a longer time frame too, as the monthly price change of 13.74% compares favorably with the industry's 9.04% performance as well. Considering longer term price metrics, like performance over the last three months or year, can be advantageous as well. Shares of Copart, Inc. Have increased 13.82% over the past quarter, and have gained 56.47% in the last year. On the other hand, the S&P 500 has only moved 3.56% and 16.61%, respectively. Investors should also take note of CPRT's average 20-day trading volume. Volume is a useful item in many ways, and the 20-day average establishes a good price-to-volume baseline; a rising stock with above average volume is generally a bullish sign, whereas a declining stock on above average volume is typically bearish. Right now, CPRT is averaging 4,381,886 shares for the last 20 days. Earnings Outlook The Zacks Momentum Style Score encompasses many things, including estimate revisions and a stock's price movement. Investors should note that earnings estimates are also significant to the Zacks Rank, and a nice path here can be promising. We have recently been noticing this with CPRT. Over the past two months, 4 earnings estimates moved higher compared to none lower for the full year. These revisions helped boost CPRT's consensus estimate, increasing from $1.39 to $1.43 in the past 60 days. Looking at the next fiscal year, 3 estimates have moved upwards while there have been no downward revisions in the same time period. Bottom Line Taking into account all of these elements, it should come as no surprise that CPRT is a #2 (Buy) stock with a Momentum Score of B. If you've been searching for a fresh pick that's set to rise in the near-term, make sure to keep Copart, Inc. On your short list. Zacks Names #1 Semiconductor Stock It's only 1/9,000th the size of NVIDIA which skyrocketed more than +800% since we recommended it. NVIDIA is still strong, but our new top chip stock has much more room to boom. With strong earnings growth and an expanding customer base, it's positioned to feed the rampant demand for Artificial Intelligence, Machine Learning, and Internet of Things. Global semiconductor manufacturing is projected to explode from $452 billion in 2021 to $803 billion by 2028. See This Stock Now for Free >> Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Copart, Inc. (CPRT) : Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
CPRT,2023-11-24,50.73,50.92,50.55,50.81,"Are You a Growth Investor? This 1 Stock Could Be the Perfect Pick It doesn't matter your age or experience: taking full advantage of the stock market and investing with confidence are common goals for all investors. Luckily, Zacks Premium offers several different ways to do both. Featuring daily updates of the Zacks Rank and Zacks Industry Rank, full access to the Zacks #1 Rank List, Equity Research reports, and Premium stock screens, the research service can help you become a smarter, more self-assured investor. It also includes access to the Zacks Style Scores. What are the Zacks Style Scores? Developed alongside the Zacks Rank, the Zacks Style Scores are a group of complementary indicators that help investors pick stocks with the best chances of beating the market over the next 30 days. Based on their value, growth, and momentum characteristics, each stock is assigned a rating of A, B, C, D, or F. The better the score, the better chance the stock will outperform; an A is better than a B, a B is better than a C, and so on. The Style Scores are broken down into four categories: Value Score Value investors love finding good stocks at good prices, especially before the broader market catches on to a stock's true value. Utilizing ratios like P/E, PEG, Price/Sales, Price/Cash Flow, and many other multiples, the Value Style Score identifies the most attractive and most discounted stocks. Growth Score Growth investors, on the other hand, are more concerned with a company's financial strength and health, and its future outlook. The Growth Style Score examines things like projected and historic earnings, sales, and cash flow to find stocks that will experience sustainable growth over time. Momentum Score Momentum investors, who live by the saying ""the trend is your friend,"" are most interested in taking advantage of upward or downward trends in a stock's price or earnings outlook. Utilizing one-week price change and the monthly percentage change in earnings estimates, among other factors, the Momentum Style Score can help determine favorable times to buy high-momentum stocks. VGM Score If you like to use all three kinds of investing, then the VGM Score is for you. It's a combination of all Style Scores, and is an important indicator to use with the Zacks Rank. The VGM Score rates each stock on their shared weighted styles, narrowing down the companies with the most attractive value, best growth forecast, and most promising momentum. How Style Scores Work with the Zacks Rank A proprietary stock-rating model, the Zacks Rank utilizes the power of earnings estimate revisions, or changes to a company's earnings outlook, to help investors create a successful portfolio. It's highly successful, with #1 (Strong Buy) stocks producing an unmatched +25.41% average annual return since 1988. That's more than double the S&P 500. But because of the large number of stocks we rate, there are over 200 companies with a Strong Buy rank, plus another 600 with a #2 (Buy) rank, on any given day. But it can feel overwhelming to pick the right stocks for you and your investing goals with over 800 top-rated stocks to choose from. That's where the Style Scores come in. To have the best chance of big returns, you'll want to always consider stocks with a Zacks Rank #1 or #2 that also have Style Scores of A or B, which will give you the highest probability of success. If you're looking at stocks with a #3 (Hold) rank, it's important they have Scores of A or B as well to ensure as much upside potential as possible. The direction of a stock's earnings estimate revisions should always be a key factor when choosing which stocks to buy, since the Scores were created to work together with the Zacks Rank. For instance, a stock with a #4 (Sell) or #5 (Strong Sell) rating, even one that boasts Scores of A and B, still has a downward-trending earnings forecast, and a much greater likelihood its share price will decline as well. Thus, the more stocks you own with a #1 or #2 Rank and Scores of A or B, the better. Stock to Watch: Copart, Inc. (CPRT) Based in Dallas, TX, Copart, Inc. was founded in 1982. The company provides online auctions and a wide range of remarketing services to process and sell salvage and clean-title vehicles. This is done mainly over the Internet, through its Virtual Bidding Third Generation (VB3) Internet auction-style sales technology. Sellers are primarily insurance companies, banks and financial institutions, charities, car dealerships, fleet operators and vehicle rental companies. Buyers include licensed vehicle dismantlers, rebuilders, repair licensees, used vehicle dealers and exporters, along with the general public. CPRT is a #2 (Buy) on the Zacks Rank, with a VGM Score of B. Additionally, the company could be a top pick for growth investors. CPRT has a Growth Style Score of B, forecasting year-over-year earnings growth of 13.5% for the current fiscal year. Four analysts revised their earnings estimate upwards in the last 60 days for fiscal 2024. The Zacks Consensus Estimate has increased $0.04 to $1.43 per share. CPRT boasts an average earnings surprise of 10.3%. With a solid Zacks Rank and top-tier Growth and VGM Style Scores, CPRT should be on investors' short list. Zacks Names ""Single Best Pick to Double"" From thousands of stocks, 5 Zacks experts each have chosen their favorite to skyrocket +100% or more in months to come. From those 5, Director of Research Sheraz Mian hand-picks one to have the most explosive upside of all. It’s a little-known chemical company that’s up 65% over last year, yet still dirt cheap. With unrelenting demand, soaring 2022 earnings estimates, and $1.5 billion for repurchasing shares, retail investors could jump in at any time. This company could rival or surpass other recent Zacks’ Stocks Set to Double like Boston Beer Company which shot up +143.0% in little more than 9 months and NVIDIA which boomed +175.9% in one year. Free: See Our Top Stock and 4 Runners Up >> Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Copart, Inc. (CPRT) : Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
CPRT,2023-11-27,50.76,51.4999,50.76,51.2,"[""Copart, Inc. (CPRT) Upgraded to Strong Buy: Here's What You Should Know Copart, Inc. (CPRT) appears an attractive pick, as it has been recently upgraded to a Zacks Rank #1 (Strong Buy). An upward trend in earnings estimates -- one of the most powerful forces impacting stock prices -- has triggered this rating change. The Zacks rating relies solely on a company's changing earnings picture. It tracks EPS estimates for the current and following years from the sell-side analysts covering the stock through a consensus measure -- the Zacks Consensus Estimate. Individual investors often find it hard to make decisions based on rating upgrades by Wall Street analysts, since these are mostly driven by subjective factors that are hard to see and measure in real time. In these situations, the Zacks rating system comes in handy because of the power of a changing earnings picture in determining near-term stock price movements. As such, the Zacks rating upgrade for Copart, Inc. is essentially a positive comment on its earnings outlook that could have a favorable impact on its stock price. Most Powerful Force Impacting Stock Prices The change in a company's future earnings potential, as reflected in earnings estimate revisions, and the near-term price movement of its stock are proven to be strongly correlated. That's partly because of the influence of institutional investors that use earnings and earnings estimates for calculating the fair value of a company's shares. An increase or decrease in earnings estimates in their valuation models simply results in higher or lower fair value for a stock, and institutional investors typically buy or sell it. Their bulk investment action then leads to price movement for the stock. Fundamentally speaking, rising earnings estimates and the consequent rating upgrade for Copart, Inc. imply an improvement in the company's underlying business. Investors should show their appreciation for this improving business trend by pushing the stock higher. Harnessing the Power of Earnings Estimate Revisions As empirical research shows a strong correlation between trends in earnings estimate revisions and near-term stock movements, tracking such revisions for making an investment decision could be truly rewarding. Here is where the tried-and-tested Zacks Rank stock-rating system plays an important role, as it effectively harnesses the power of earnings estimate revisions. The Zacks Rank stock-rating system, which uses four factors related to earnings estimates to classify stocks into five groups, ranging from Zacks Rank #1 (Strong Buy) to Zacks Rank #5 (Strong Sell), has an impressive externally-audited track record, with Zacks Rank #1 stocks generating an average annual return of +25% since 1988. You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here >>>>. Earnings Estimate Revisions for Copart, Inc. This company is expected to earn $1.44 per share for the fiscal year ending July 2024, which represents a year-over-year change of 14.3%. Analysts have been steadily raising their estimates for Copart, Inc. Over the past three months, the Zacks Consensus Estimate for the company has increased 7%. Bottom Line Unlike the overly optimistic Wall Street analysts whose rating systems tend to be weighted toward favorable recommendations, the Zacks rating system maintains an equal proportion of 'buy' and 'sell' ratings for its entire universe of more than 4000 stocks at any point in time. Irrespective of market conditions, only the top 5% of the Zacks-covered stocks get a 'Strong Buy' rating and the next 15% get a 'Buy' rating. So, the placement of a stock in the top 20% of the Zacks-covered stocks indicates its superior earnings estimate revision feature, making it a solid candidate for producing market-beating returns in the near term. You can learn more about the Zacks Rank here >>> The upgrade of Copart, Inc. to a Zacks Rank #1 positions it in the top 5% of the Zacks-covered stocks in terms of estimate revisions, implying that the stock might move higher in the near term. Zacks Names #1 Semiconductor Stock It's only 1/9,000th the size of NVIDIA which skyrocketed more than +800% since we recommended it. NVIDIA is still strong, but our new top chip stock has much more room to boom. With strong earnings growth and an expanding customer base, it's positioned to feed the rampant demand for Artificial Intelligence, Machine Learning, and Internet of Things. Global semiconductor manufacturing is projected to explode from $452 billion in 2021 to $803 billion by 2028. See This Stock Now for Free >> Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Copart, Inc. (CPRT) : Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""This Top Business Services Stock is a #1 (Strong Buy): Why It Should Be on Your Radar Building a successful investment portfolio takes skill and hard work, no matter if you're a growth, value, income, or momentum-focused investor. But how do you find the right combination of stocks? Funding your retirement, your kids' college tuition, or your short- and long-term savings goals certainly requires significant returns. Enter the Zacks Rank. What is the Zacks Rank? The Zacks Rank is a unique, proprietary stock-rating model that utilizes earnings estimate revisions to help investors build a winning portfolio. There are four main factors behind the Zacks Rank: Agreement, Magnitude, Upside, and Surprise. Agreement is the extent to which all brokerage analysts are revising their earnings estimates in the same direction. The greater the percentage of analysts revising their estimates higher, the better chance the stock will outperform. Magnitude is the size of the recent change in the consensus estimate for the current and next fiscal years. Upside is the difference between the most accurate estimate, which is calculated by Zacks, and the consensus estimate. Surprise is made up of a company's last few quarters' earnings per share surprises; companies with a positive earnings surprise are more likely to beat expectations in the future. Each factor is given a raw score, which is recalculated every night and compiled into the Zacks Rank. Utilizing this data, stocks are put into five different groups: Strong Buy, Buy, Hold, Sell, and Strong Sell. The Power of Institutional Investors The Zacks Rank also allows individual investors, or retail investors, to benefit from the power of institutional investors. Institutional investors are responsible for managing the trillions of dollars invested in mutual funds, hedge funds, and investment banks. Research has shown that these investors can and do move the market due to the large amount of money they deal with, and thus, the market tends to move in the same direction as them. In order to determine the fair value of a company and its shares, institutional investors design valuation models that focus on earnings and earnings estimates. Because if you raise earnings estimates, it then creates a higher fair value for a company and its stock price. Institutional investors then act on these changes in earnings estimates, typically buying stocks with rising estimates and selling those with falling estimates; an increase in earnings estimates can translate into higher stock prices and bigger gains for the investor. Since it can often take weeks, if not months, for an institutional investor to build a position (given their size), retail investors who get in at the first sign of upward earnings estimate revisions have a distinct advantage over these larger investors, and can benefit from the expected institutional buying that will follow. Not only can the Zacks Rank help you take advantage of trends in earnings estimate revisions, but it can also provide a way to get into stocks that are highly sought after by professionals. How to Invest with the Zacks Rank The Zacks Rank is known for transforming investment portfolios. In fact, a portfolio of Zacks Rank #1 (Strong Buy) stocks has beaten the market in 26 of the last 32 years, with an average annual return of +25.41%. Moreover, stocks with a new #1 (Strong Buy) ranking have some of the biggest profit potential, while those that fell to a #4 (Sell) or #5 (Strong Sell) have some of the worst. Let's take a look at Copart, Inc. (CPRT), which was added to the Zacks Rank #1 list on November 25, 2023. Based in Dallas, TX, Copart, Inc. was founded in 1982. The company provides online auctions and a wide range of remarketing services to process and sell salvage and clean-title vehicles. This is done mainly over the Internet, through its Virtual Bidding Third Generation (VB3) Internet auction-style sales technology. Sellers are primarily insurance companies, banks and financial institutions, charities, car dealerships, fleet operators and vehicle rental companies. Buyers include licensed vehicle dismantlers, rebuilders, repair licensees, used vehicle dealers and exporters, along with the general public. Five analysts revised their earnings estimate higher in the last 60 days for fiscal 2024, while the Zacks Consensus Estimate has increased $0.05 to $1.44 per share. CPRT also boasts an average earnings surprise of 10.3%. Earnings are expected to grow 14.3% for the current fiscal year, while revenue is projected to increase 8.9%. Even more impressive, CPRT has gained in value over the past four weeks, up 18.9% compared to the S&P 500's gain of 7.5%. Bottom Line With a #1 (Strong Buy) ranking, positive trend in earnings estimate revisions, and strong market momentum, Copart, Inc. should be on investors' shortlist. If you want even more information on the Zacks Ranks, or one of our many other investing strategies, check out the Zacks Education home page. Discover Today's Top Stocks Our private Zacks #1 Rank List, based on our quantitative Zacks Rank stock-rating system, has more than doubled the S&P 500 since 1988. Applying the Zacks Rank in your own trading can boost your investing returns on your very next trade. See Today's Zacks #1 Rank List >> Zacks Names #1 Semiconductor Stock It's only 1/9,000th the size of NVIDIA which skyrocketed more than +800% since we recommended it. NVIDIA is still strong, but our new top chip stock has much more room to boom. With strong earnings growth and an expanding customer base, it's positioned to feed the rampant demand for Artificial Intelligence, Machine Learning, and Internet of Things. Global semiconductor manufacturing is projected to explode from $452 billion in 2021 to $803 billion by 2028. See This Stock Now for Free >> Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Copart, Inc. (CPRT) : Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Copart and Best Buy have been highlighted as Zacks Bull and Bear of the Day For Immediate Release Chicago, IL \u2013 November 27, 2023 \u2013 Zacks Equity Research shares Copart CPRT as the Bull of the Day and Best Buy BBY as the Bear of the Day. In addition, Zacks Equity Research provides analysis on TotalEnergies SE TTE, Weatherford International plc WFRD and Transportadora de Gas del Sur SA TGS. Here is a synopsis of all five stocks. Bull of the Day: The market has been rallying over the few weeks. It\u2019s been a welcome sight for investors that had been beaten down for a solid three months. With everything going up so quickly, it can feel like any stock you add to your portfolio is going to be a winner. When the broad market is green every day, it doesn\u2019t take much to find these winners. The stocks with the best chance to remain winners are the stocks with the strongest earnings trends. Earnings are the single most important factor for the long-term success of a company. If it doesn\u2019t make dollars, then it doesn\u2019t make sense. One way to uncover these stocks is by using our Zacks Rank. Zacks Rank #1 (Strong Buy) stocks have the best earnings trends and therefore, the greatest chance of long-term success. One such stock is today\u2019s Bull of the Day, Copart. Copart, Inc. provides online auctions and vehicle remarketing services in the United States, Canada, the United Kingdom, Brazil, the Republic of Ireland, Germany, Finland, the United Arab Emirates, Oman, Bahrain, and Spain. It offers a range of services for processing and selling vehicles over the internet through its virtual bidding third generation internet auction-style sales technology to vehicle sellers, insurance companies, banks and finance companies, charities, fleet operators, dealers, vehicle rental companies, and individuals. The reason for the favorable Zacks Rank is five analysts have increased their earnings estimates for the current year while four have followed suit for next year. The bullish moves have pushed up our Zacks Consensus Estimates for the current year from $1.35 to $1.44 while next year\u2019s number is up from $1.25 to $1.56. A quick look at the Price, Consensus and EPS Surprise Chart shows how the business has grown consistently over the years. A steady bottom-left to top-right move in earnings helped underpin the move higher in the stock\u2019s price. This solid progression could just be getting started. Interestingly, the Auction and Valuation Services industry is the top industry out of the 251 industries we rank at Zacks.com. Bear of the Day: Black Friday isn\u2019t what it used to be. Long gone are the videos of shoppers beating the doors down at 7am, sprinting in to grab the great deals that officially kickoff the holiday season and put companies into the \u201cblack\u201d on the year. The paradigm shift of online shopping and pushed a lot of that money online, not at the brick and mortar spots we are used to seeing. For those traditional stores that open up their omnichannel presence, profits come. For those still struggling to keep up with online and in-store, the challenge can hit the bottom line. That\u2019s the case with today\u2019s Bear of the Day, Best Buy. Best Buy is the electronics retailer with over 1,000 stores and 90,000 employees in the US and Canada. The company just reported Q3 EPS of $1.29 on revenues of $9.76 billion. That beat expectations for EPS but fell short on the topline. The company also cut its FY24 outlook, citing sales trends so far in November, guiding Q4 same store sales contracting 3 to 7%. The company\u2019s CEO said, \u201cIn the more recent macro environment, consumer demand has been even more uneven and difficult to predict.\u201d This report led to seven analysts cutting current year EPS estimates and eight dropping their numbers for next year. The negative impact to our Zacks Consensus Estimate for the current year dropped the number from $6.22 to $6.17 while next year\u2019s number is off from $6.86 to $6.41. That\u2019s forecast to come on revenue contractions of 6% this year and nearly 2% next year. That\u2019s why the stock is rated as a Zacks Rank #5 (Strong Sell) due to its weakening earnings trend. The Retail \u2013 Consumer Electronics industry sits in the Bottom 6% of our Zacks Industry Rank. Additional content: Combat Volatility with These 3 Low-Beta Stocks Notorious volatility is an integral part of the energy sector, as evidenced by wild swings in oil prices since the onset of the coronavirus pandemic. Hence, creating a portfolio of low-beta energy stocks is of utmost importance since the securities will deliver healthy returns and shield against choppy market conditions. In this regard, stocks like TotalEnergies SE, Weatherford International plc and Transportadora de Gas del Sur SA are worth betting on. Extremely Volatile Energy Market We should not forget how oil prices have behaved since the initial coronavirus outbreak. The early pandemic period, when there were no vaccines, saw an environment of heightened uncertainties. The commodity\u2019s price plunged to a negative $36.98 per barrel on Apr 20, 2020. However, with the rapid developments of vaccines by scientists, which, in turn, led to the gradual reopening of the economies, the pricing scenario of West Texas Intermediate crude improved drastically over time to reach $123.64 per barrel on Mar 8, 2022. Oil price data are per the U.S. Energy Information Administration. Oil is currently trading higher than the $75-per-barrel mark. Low-Beta Energy Stocks to the Rescue While the energy market is highly volatile, it will be better to consider stocks belonging to the sector that are less volatile than the market. For analyzing a stock\u2019s risk profile, it is better to employ a statistical measure called beta \u2014 one of the popular indicators. Beta measures the volatility or risk of a particular asset compared to the market. In other words, beta measures the extent of a security\u2019s price movement relative to the market. In this article, we are considering the S&P 500 as the market. If a stock has a beta of 1, then the price of the stock will move with the market. Therefore, the stock is more volatile than the market if its beta is more than 1. In the same way, the stock is not as volatile as the market if its beta is less than 1. For example, if the market offers a return of 20%, a stock with a beta of 3 will return 60%, which is overwhelming. Similarly, when the market slips 20%, the stock will sink 60%, which is devastating. While employing our proprietary stock screener, we have zeroed in on three low-beta energy stocks that investors should bet on. All the companies carry a Zacks Rank #2 (Buy) and have a beta lower than 1, which is our prime criterion for screening stocks.You can see the complete list of today\u2019s Zacks #1 Rank stocks here. To fight climate change, TotalEnergies continues to have a strong focus on natural gas. These initiatives have made the company the second-largest global player in the LNG space. The integrated energy major also has a strong footprint in renewable energy, ensuring a positive outlook for long-term growth. Weatherford is a key energy player and is engaged in offering exclusive drilling technologies that will maximize clients\u2019 reservoir exposure. Weatherford is also involved in well construction and completion activities in an efficient manner. Transportadora\u2019s midstream asset portfolio has the most extensive natural gas pipeline network in Latin America. It generates stable fee-based revenues since its pipeline assets transport more than 60% of the gas consumed in Argentina. Transportadora has witnessed upward estimate revisions for its 2024 bottom line in the past 30 days. The upward revisions are backed by the company\u2019s stable business model and a strong focus on creating differential value for shareholders. Also, TGS has lower debt exposure than the composite stocks belonging to the industry. Why Haven\u2019t You Looked at Zacks' Top Stocks? Since 2000, our top stock-picking strategies have blown away the S&P's +6.2 average gain per year. Amazingly, they soared with average gains of +46.4%, +49.5% and +55.2% per year. Today you can access their live picks without cost or obligation. See Stocks Free >> Media Contact Zacks Investment Research 800-767-3771 ext. 9339 https://www.zacks.com Zacks.com provides investment resources and informs you of these resources, which you may choose to use in making your own investment decisions. Zacks is providing information on this resource to you subject to the Zacks \""Terms and Conditions of Service\"" disclaimer. www.zacks.com/disclaimer. Past performance is no guarantee of future results. Inherent in any investment is the potential for loss.This material is being provided for informational purposes only and nothing herein constitutes investment, legal, accounting or tax advice, or a recommendation to buy, sell or hold a security. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. It should not be assumed that any investments in securities, companies, sectors or markets identified and described were or will be profitable. All information is current as of the date of herein and is subject to change without notice. Any views or opinions expressed may not reflect those of the firm as a whole. Zacks Investment Research does not engage in investment banking, market making or asset management activities of any securities. These returns are from hypothetical portfolios consisting of stocks with Zacks Rank = 1 that were rebalanced monthly with zero transaction costs. These are not the returns of actual portfolios of stocks. The S&P 500 is an unmanaged index.Visit https://www.zacks.com/performance for information about the performance numbers displayed in this press release. Zacks Names #1 Semiconductor Stock It's only 1/9,000th the size of NVIDIA which skyrocketed more than +800% since we recommended it. NVIDIA is still strong, but our new top chip stock has much more room to boom. With strong earnings growth and an expanding customer base, it's positioned to feed the rampant demand for Artificial Intelligence, Machine Learning, and Internet of Things. Global semiconductor manufacturing is projected to explode from $452 billion in 2021 to $803 billion by 2028. See This Stock Now for Free >> Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Best Buy Co., Inc. (BBY) : Free Stock Analysis Report Copart, Inc. (CPRT) : Free Stock Analysis Report Transportadora De Gas Sa Ord B (TGS) : Free Stock Analysis Report Weatherford International PLC (WFRD) : Free Stock Analysis Report TotalEnergies SE Sponsored ADR (TTE) : Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Bull of the Day: Copart (CPRT) The market has been rallying over the few weeks. It\u2019s been a welcome sight for investors that had been beaten down for a solid three months. With everything going up so quickly, it can feel like any stock you add to your portfolio is going to be a winner. When the broad market is green every day, it doesn\u2019t take much to find these winners. The stocks with the best chance to remain winners are the stocks with the strongest earnings trends. Earnings are the single most important factor for the long-term success of a company. If it doesn\u2019t make dollars, then it doesn\u2019t make sense. One way to uncover these stocks is by using our Zacks Rank. Zacks Rank #1 (Strong Buy) stocks have the best earnings trends and therefore, the greatest chance of long-term success. One such stock is today\u2019s Bull of the Day, Copart (CPRT). Copart, Inc. provides online auctions and vehicle remarketing services in the United States, Canada, the United Kingdom, Brazil, the Republic of Ireland, Germany, Finland, the United Arab Emirates, Oman, Bahrain, and Spain. It offers a range of services for processing and selling vehicles over the internet through its virtual bidding third generation internet auction-style sales technology to vehicle sellers, insurance companies, banks and finance companies, charities, fleet operators, dealers, vehicle rental companies, and individuals. The reason for the favorable Zacks Rank is five analysts have increased their earnings estimates for the current year while four have followed suit for next year. The bullish moves have pushed up our Zacks Consensus Estimates for the current year from $1.35 to $1.44 while next year\u2019s number is up from $1.25 to $1.56. Image Source: Zacks Investment Research A quick look at the Price, Consensus and EPS Surprise Chart shows how the business has grown consistently over the years. A steady bottom-left to top-right move in earnings helped underpin the move higher in the stock\u2019s price. This solid progression could just be getting started. Interestingly, the Auction and Valuation Services industry is the top industry out of the 251 industries we rank at Zacks.com. Zacks Names #1 Semiconductor Stock It's only 1/9,000th the size of NVIDIA which skyrocketed more than +800% since we recommended it. NVIDIA is still strong, but our new top chip stock has much more room to boom. With strong earnings growth and an expanding customer base, it's positioned to feed the rampant demand for Artificial Intelligence, Machine Learning, and Internet of Things. Global semiconductor manufacturing is projected to explode from $452 billion in 2021 to $803 billion by 2028. See This Stock Now for Free >> Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Copart, Inc. (CPRT) : Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.""]"
CPRT,2023-11-28,51.04,51.44,50.62,50.73,
CPRT,2023-11-29,51.05,51.115,50.1,50.22,
CPRT,2023-11-30,50.28,50.35,49.55,50.22,"[""Best Momentum Stocks to Buy for November 30th Here are three stocks with buy rank and strong momentum characteristics for investors to consider today, November 30: Abercrombie & Fitch Co. ANF: This apparel retailer company has a Zacks Rank #1 and witnessed the Zacks Consensus Estimate for its current year earnings increasing 24.6% over the last 60 days. Abercrombie & Fitch Company Price and Consensus Abercrombie & Fitch Company price-consensus-chart | Abercrombie & Fitch Company Quote Abercrombie & Fitch Co's shares gained 41.7% over the last three months compared with the S&P 500\u2019s advance of 0.9%. The company possesses a Momentum Score of A. Abercrombie & Fitch Company Price Abercrombie & Fitch Company price | Abercrombie & Fitch Company Quote Napco Security Technologies, Inc. NSSC: This electronic security solutions provider has a Zacks Rank #1 and witnessed the Zacks Consensus Estimate for its current year earnings increasing 12% over the last 60 days. NAPCO Security Technologies, Inc. Price and Consensus NAPCO Security Technologies, Inc. price-consensus-chart | NAPCO Security Technologies, Inc. Quote Napco Security Technologies' shares gained 22.4% over the last three months compared with the S&P 500\u2019s advance of 0.9%. The company possesses a Momentum Score of B. NAPCO Security Technologies, Inc. Price NAPCO Security Technologies, Inc. price | NAPCO Security Technologies, Inc. Quote Copart, Inc. CPRT: This online auto auction company has a Zacks Rank #1 and witnessed the Zacks Consensus Estimate for its current year earnings increasing 2.9% over the last 60 days. Copart, Inc. Price and Consensus Copart, Inc. price-consensus-chart | Copart, Inc. Quote Copart' shares gained 12.0% over the last three months compared with the S&P 500\u2019s advance of 0.9%. The company possesses a Momentum Score of B. Copart, Inc. Price Copart, Inc. price | Copart, Inc. Quote See the full list of top ranked stocks here Learn more about the Momentum score and how it is calculated here. Only $1 to See All Zacks' Buys and Sells We're not kidding. Several years ago, we shocked our members by offering them 30-day access to all our picks for the total sum of only $1. No obligation to spend another cent. Thousands have taken advantage of this opportunity. Thousands did not - they thought there must be a catch. Yes, we do have a reason. We want you to get acquainted with our portfolio services likeSurprise Trader, Stocks Under $10, Technology Innovators,and more. They've already closed 162 positions with double- and triple-digit gains in 2023 alone. See Stocks Now >> Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Abercrombie & Fitch Company (ANF) : Free Stock Analysis Report Copart, Inc. (CPRT) : Free Stock Analysis Report NAPCO Security Technologies, Inc. (NSSC) : Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Is Copart (CPRT) Stock Outpacing Its Business Services Peers This Year? For those looking to find strong Business Services stocks, it is prudent to search for companies in the group that are outperforming their peers. Has Copart, Inc. (CPRT) been one of those stocks this year? By taking a look at the stock's year-to-date performance in comparison to its Business Services peers, we might be able to answer that question. Copart, Inc. is one of 316 individual stocks in the Business Services sector. Collectively, these companies sit at #6 in the Zacks Sector Rank. The Zacks Sector Rank considers 16 different sector groups. The average Zacks Rank of the individual stocks within the groups is measured, and the sectors are listed from best to worst. The Zacks Rank is a proven system that emphasizes earnings estimates and estimate revisions, highlighting a variety of stocks that are displaying the right characteristics to beat the market over the next one to three months. Copart, Inc. is currently sporting a Zacks Rank of #1 (Strong Buy). Within the past quarter, the Zacks Consensus Estimate for CPRT's full-year earnings has moved 7.6% higher. This shows that analyst sentiment has improved and the company's earnings outlook is stronger. According to our latest data, CPRT has moved about 65% on a year-to-date basis. Meanwhile, the Business Services sector has returned an average of 15.2% on a year-to-date basis. As we can see, Copart, Inc. is performing better than its sector in the calendar year. Another stock in the Business Services sector, Direct Digital Holdings, Inc. (DRCT), has outperformed the sector so far this year. The stock's year-to-date return is 399%. Over the past three months, Direct Digital Holdings, Inc.'s consensus EPS estimate for the current year has increased 525%. The stock currently has a Zacks Rank #1 (Strong Buy). Looking more specifically, Copart, Inc. belongs to the Auction and Valuation Services industry, a group that includes 2 individual stocks and currently sits at #1 in the Zacks Industry Rank. On average, stocks in this group have gained 61.6% this year, meaning that CPRT is performing better in terms of year-to-date returns. In contrast, Direct Digital Holdings, Inc. falls under the Advertising and Marketing industry. Currently, this industry has 15 stocks and is ranked #147. Since the beginning of the year, the industry has moved -6.3%. Copart, Inc. and Direct Digital Holdings, Inc. could continue their solid performance, so investors interested in Business Services stocks should continue to pay close attention to these stocks. Only $1 to See All Zacks' Buys and Sells We're not kidding. Several years ago, we shocked our members by offering them 30-day access to all our picks for the total sum of only $1. No obligation to spend another cent. Thousands have taken advantage of this opportunity. Thousands did not - they thought there must be a catch. Yes, we do have a reason. We want you to get acquainted with our portfolio services likeSurprise Trader, Stocks Under $10, Technology Innovators,and more. They've already closed 162 positions with double- and triple-digit gains in 2023 alone. See Stocks Now >> Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Copart, Inc. (CPRT) : Free Stock Analysis Report Direct Digital Holdings, Inc. (DRCT) : Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.""]"
CPRT,2023-12-01,50.08,50.32,49.55,50.13,"5 Top Growth Stocks to Own in December U.S. equities finished November sharply higher, and the upward trajectory is likely to continue through December, which is typically a good time for Wall Street. The Dow ended a three-month losing streak by gaining 8.9% in November. The 30-stock, blue-chip index has rallied to a record high for the year. Similarly, the S&P 500 and the Nasdaq closed out November with gains of 8.9% and 10.7%, respectively. These two major indexes have notched their best monthly performance since July 2022. The indexes are now just 1% away from their individual 2023 highs. All the indexes are poised to cement a year-end rally following a strong November. According to Carson Group’s chief market strategist Ryan Detrick, since 1950, the S&P 500 has, on average, gained another 1.8% monthly following a gain of 8% or more in the prior month. Additionally, stocks saw strong returns in December following solid gains till November. Traditionally, if the S&P 500 is up more than 15% till November, then the broader index has ended December in the green, 75% of the time, according to Dow Jones Market Data. The Nasdaq, too, finishes December higher, 67% of the time, if the tech-heavy index is up more than 20% till November. Both the S&P 500 and the Nasdaq have soared 18.2% and 35% so far this year, a tell-tale sign that the current momentum in the stock market will undoubtedly cement a year-end rally. What’s more, stocks have historically scaled northward during the last five trading sessions in December, known as the Santa Claus rally. Now seasonal trends may not necessarily predict the future. But stocks have gained strength in recent times, thanks to the likelihood of a pause in interest rate hikes by the Federal Reserve amid inflation showing signs of cooling down, while the U.S. economy remains buoyant. Per the CME FedWatch Tool, 42.7% of the market pundits are expecting the Fed to lower interest rates by 25 basis points in the March policy meeting. Thus, with the Fed poised to curb its aggressive monetary policy coupled with strong seasonal trends, the stock market is well-positioned to gain further. This calls for placing bets on sound growth stocks like Copart CPRT, Pinterest PINS, Arista Networks ANET, CrowdStrike CRWD and Lyft LYFT. These stocks carry a Zacks Rank #1 (Strong Buy) or 2 (Buy), and a Growth Score of A or B, a combination that offers the best opportunities in the growth investing space. You can see the complete list of today’s Zacks Rank #1 stocks here. Copart provides online auctions and a wide range of remarketing services to process and sell salvage and clean-title vehicles. Copart, currently, has a Zacks Rank #1 and a Growth Score of B. The Zacks Consensus Estimate for its current-year earnings has moved up 3.6% over the past 60 days. CPRT’s expected earnings growth rate for the current year is 15.1%. Pinterest provides a platform to show its users (called Pinners) visual recommendations (called Pins) based on their tastes and interests. Pinterest, currently, has a Zacks Rank #1 and a Growth Score of A. The Zacks Consensus Estimate for its current-year earnings has moved up 11.5% over the past 60 days. PINS’ expected earnings growth rate for the current year is 72.6%. Arista Networks is engaged in providing cloud networking solutions for data centers and cloud computing environments. Arista Networks, currently, has a Zacks Rank #2 and a Growth Score of B. The Zacks Consensus Estimate for its current-year earnings has moved up 6.3% over the past 60 days. ANET’s expected earnings growth rate for the current year is 43%. CrowdStrike is a leader in next-generation endpoint protection, threat intelligence, and cyberattack response services. CrowdStrike, currently, has a Zacks Rank #2 and a Growth Score of A. The Zacks Consensus Estimate for its next-year earnings has moved up 0.9% over the past 60 days. CRWD’s expected earnings growth rate for the current year is 83.1%. Lyft operates multimodal transportation networks in the United States and Canada. Lyft, currently, has a Zacks Rank #2 and a Growth Score of A. The Zacks Consensus Estimate for its current-year earnings has moved up 50% over the past 60 days. LYFT’s expected earnings growth rate for the current year is 136%. Copart, Pinterest, Arista Networks, CrowdStrike, and Lyft’s expected earnings growth rates for the next year are 9%, 18.7%, 9.8%, 23.1%, and 9.3%, respectively. Zacks Names #1 Semiconductor Stock It's only 1/9,000th the size of NVIDIA which skyrocketed more than +800% since we recommended it. NVIDIA is still strong, but our new top chip stock has much more room to boom. With strong earnings growth and an expanding customer base, it's positioned to feed the rampant demand for Artificial Intelligence, Machine Learning, and Internet of Things. Global semiconductor manufacturing is projected to explode from $452 billion in 2021 to $803 billion by 2028. See This Stock Now for Free >> Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Copart, Inc. (CPRT) : Free Stock Analysis Report Arista Networks, Inc. (ANET) : Free Stock Analysis Report Lyft, Inc. (LYFT) : Free Stock Analysis Report Pinterest, Inc. (PINS) : Free Stock Analysis Report CrowdStrike (CRWD) : Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
CPRT,2023-12-04,49.61,50.1061,48.84,49.09,"[""Warren Buffett Detailed Fundamental Analysis - CPRT Below is Validea's guru fundamental report for COPART, INC. (CPRT). Of the 22 guru strategies we follow, CPRT rates highest using our Patient Investor model based on the published strategy of Warren Buffett. This strategy seeks out firms with long-term, predictable profitability and low debt that trade at reasonable valuations. COPART, INC. (CPRT) is a large-cap growth stock in the Business Services industry. The rating using this strategy is 72% based on the firm\u2019s underlying fundamentals and the stock\u2019s valuation. A score of 80% or above typically indicates that the strategy has some interest in the stock and a score above 90% typically indicates strong interest. The following table summarizes whether the stock meets each of this strategy's tests. Not all criteria in the below table receive equal weighting or are independent, but the table provides a brief overview of the strong and weak points of the security in the context of the strategy's criteria. EARNINGS PREDICTABILITY: PASS DEBT SERVICE: PASS RETURN ON EQUITY: PASS RETURN ON TOTAL CAPITAL: PASS FREE CASH FLOW: PASS USE OF RETAINED EARNINGS: FAIL SHARE REPURCHASE: PASS INITIAL RATE OF RETURN: FAIL EXPECTED RETURN: PASS Detailed Analysis of COPART, INC. CPRT Guru Analysis CPRT Fundamental Analysis More Information on Warren Buffett Warren Buffett Portfolio Top Warren Buffett Stocks About Warren Buffett: Warren Buffett is considered by many to be the greatest investor of all time. As the chairman of Berkshire Hathaway, Buffett has consistently outperformed the S&P 500 for decades, and in the process has become one of the world's richest men. (Forbes puts his net worth at $37 billion.) Despite his fortune, Buffett is known for living a modest lifestyle, by billionaire standards. His primary residence remains the gray stucco Nebraska home he purchased for $31,500 nearly 50 years ago, according to Forbes, and his folksy Midwestern manner and penchant for simple pleasures -- a cherry Coke, a good burger, and a good book are all near the top of the list -- have been well-documented. Additional Research Links Top Large-Cap Growth Stocks Factor-Based Stock Portfolios Dividend Aristocrats 2023 High Insider Ownership Stocks Top S&P 500 Stocks About Validea: Validea is aninvestment researchservice that follows the published strategies of investment legends. Validea offers both stock analysis and model portfolios based on gurus who have outperformed the market over the long-term, including Warren Buffett, Benjamin Graham, Peter Lynch and Martin Zweig. For more information about Validea, click here The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""HSBC Initiates Coverage of Copart (CPRT) with Hold Recommendation Fintel reports that on December 4, 2023, HSBC initiated coverage of Copart (NASDAQ:CPRT) with a Hold recommendation. Analyst Price Forecast Suggests 13.27% Upside As of November 27, 2023, the average one-year price target for Copart is 56.78. The forecasts range from a low of 48.48 to a high of $60.90. The average price target represents an increase of 13.27% from its latest reported closing price of 50.13. See our leaderboard of companies with the largest price target upside. The projected annual revenue for Copart is 4,106MM, an increase of 2.74%. The projected annual non-GAAP EPS is 2.62. For more in-depth coverage of Copart, view the free, crowd-sourced company research report on Finpedia. What is the Fund Sentiment? There are 1821 funds or institutions reporting positions in Copart. This is an increase of 66 owner(s) or 3.76% in the last quarter. Average portfolio weight of all funds dedicated to CPRT is 0.47%, a decrease of 6.98%. Total shares owned by institutions increased in the last three months by 91.03% to 885,616K shares. The put/call ratio of CPRT is 0.65, indicating a bullish outlook. What are Other Shareholders Doing? Principal Financial Group holds 39,803K shares representing 4.15% ownership of the company. In it's prior filing, the firm reported owning 20,226K shares, representing an increase of 49.18%. The firm decreased its portfolio allocation in CPRT by 45.63% over the last quarter. Alliancebernstein holds 35,011K shares representing 3.65% ownership of the company. In it's prior filing, the firm reported owning 18,013K shares, representing an increase of 48.55%. The firm decreased its portfolio allocation in CPRT by 18.03% over the last quarter. VTSMX - Vanguard Total Stock Market Index Fund Investor Shares holds 26,744K shares representing 2.79% ownership of the company. In it's prior filing, the firm reported owning 13,363K shares, representing an increase of 50.03%. The firm decreased its portfolio allocation in CPRT by 1.86% over the last quarter. Capital World Investors holds 21,212K shares representing 2.21% ownership of the company. In it's prior filing, the firm reported owning 9,659K shares, representing an increase of 54.46%. The firm increased its portfolio allocation in CPRT by 6.85% over the last quarter. VFINX - Vanguard 500 Index Fund Investor Shares holds 20,880K shares representing 2.17% ownership of the company. In it's prior filing, the firm reported owning 10,213K shares, representing an increase of 51.09%. The firm decreased its portfolio allocation in CPRT by 1.10% over the last quarter. Copart Background Information (This description is provided by the company.) Copart, Inc., founded in 1982, is a global leader in online vehicle auctions. Copart's innovative technology and online auction platform links sellers to more than 750,000 Members in over 170 countries. The company offers services to process and sell salvage and clean title vehicles to dealers, dismantlers, rebuilders, exporters and, in some cases, to end users. Copart sells vehicles on behalf of insurance companies, banks, finance companies, charities, fleet operators, dealers, and individual owners. With operations at over 200 locations in 11 countries, Copart has more than 170,000 vehicles available online every day. Copart currently operates in the United States (Copart.com), Canada (Copart.ca), the United Kingdom (Copart.co.uk), the Republic of Ireland (Copart.ie), Brazil (Copart.com.br), Germany (Copart.de), Finland (Copart.fi), the United Arab Emirates, Oman and Bahrain (Copartmea.com), and Spain (Copart.es). Fintel is one of the most comprehensive investing research platforms available to individual investors, traders, financial advisors, and small hedge funds. Our data covers the world, and includes fundamentals, analyst reports, ownership data and fund sentiment, options sentiment, insider trading, options flow, unusual options trades, and much more. Additionally, our exclusive stock picks are powered by advanced, backtested quantitative models for improved profits. Click to Learn More This story originally appeared on Fintel. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Top 5 Momentum Picks for December After Rejuvenated November Wall Street witnessed an impressive rally in November. After three consecutive months of decline, U.S. stock markets rebounded last month buoyed by a steadily dwindling inflation rate, recently released several weak economic data and astonishing growth of the U.S. economy. November\u2019s rally was broad-based. The three major stock indexes \u2014 the Dow, the S&P 500 and the Nasdaq Composite \u2014 surged 8.8%, 8.9% and 10.7%, respectively. The small-cap benchmark Russell 2000 also advanced 8.8%. All four indexes recorded their best monthly performance in 2023. The Dow saw its best month since October 2022. Momentum is likely to continue in December as most of the market participants are confident that the Fed is through with its current rate hike cycle. The CME FedWatch is currently showing a more than 99% probability that the central bank will keep the benchmark interest rate unchanged at 5.25-5.5%. More importantly, the tool is also showing a 50% probability that the central bank will initiate the first rate cut of 25 basis points as early as March 2024. Our Top Picks At this stage, it will be prudent to invest in momentum stocks. We have narrowed our search to five large-cap (market capital > $10 billion) stocks that have strong momentum for November. These companies have strong potential for 2024. These stocks have seen positive earnings estimate revisions in the last seven days. Each of our picks carries a Zacks Rank #1 (Strong Buy) and has a Momentum Score of A or B. You can see the complete list of today\u2019s Zacks #1 Rank stocks here. The chart below shows the price performance of our five picks in the past month. Image Source: Zacks Investment Research NVIDIA Corp. NVDA is gaining from the strong growth of artificial intelligence, high-performance computing and accelerated computing, which is boosting its Compute & Networking revenues. The datacenter end-market business is likely to benefit from the growing demand for generative AI and large language models using GPUs based on NVIDIA Hopper and Ampere architectures. A surge in Hyperscale demand and a solid uptake of AI-based smart cockpit infotainment solutions are acting as tailwinds for NVDA. Collaboration with Mercedes-Benz and Audi is likely to advance NVDA\u2019s presence in the autonomous vehicles and other automotive electronics space. NVIDIA has an expected revenue and earnings growth rate of 51.7% and 52.6%, respectively, for next year (ending January 2025). The Zacks Consensus Estimate for next-year earnings has improved 3.8% over the last 30 days. Vertiv Holdings Co. VRT designs, manufactures, and services critical digital infrastructure technologies and life cycle services for data centers, communication networks, and commercial and industrial environments in the Americas, the Asia Pacific, Europe, the Middle East, and Africa. VRT offers hardware, software, analytics and ongoing services. Vertiv Holdings has an expected revenue and earnings growth rate of 9% and 27.9%, respectively, for next year. The Zacks Consensus Estimate for next-year earnings has improved 11.7% over the last 60 days. Copart Inc. CPRT enjoys a leadership position in the automotive auction market, commanding roughly 40% of the market share. CPRT\u2019s competitiveness is supported by its multiple locations and the size of its new facility openings. Expansion initiatives, along with a digital ramp-up, will aid Copart in a fast pickup across the country. The launch of Copart Max has further stepped up its digital game. Salvage auction volumes are likely to remain elevated amid an increase in vehicle miles traveled and a higher collision frequency. Additionally, aging vehicles and technologically advanced auto parts are proving to be a boon for CPRT. A strong balance sheet with low leverage and high liquidity provides CPRT with financial flexibility. Copart has an expected revenue and earnings growth rate of 8.9% and 15.1%, respectively, for the current year (ending July 2024). The Zacks Consensus Estimate for current-year earnings has improved 0.7% over the last seven days. Insulet Corp. PODD has been progressing well on its four-pillar strategy with target-focused market expansion and innovation. PODD has been making significant progress with respect to its development roadmap of the Omnipod 5 system. The international rollout of the device continues successfully. PODD commercially launched Omnipod 5 in the United Kingdom in June and in August, this device reached Germany commercially. Further, Insulet registered continued strong adoption of Omnipod DASH in its international markets. In terms of innovation, in October, PODD received the 510(k) clearance for the Omnipod 5 iOS app. Insulet has an expected revenue and earnings growth rate of 19.8% and 30.2%, respectively, for next year. The Zacks Consensus Estimate for next-year earnings has improved 9.7% over the last 30 days. Constellation Energy Corp. CEG generates and sells electricity in the United States. CEG operates through five segments: Mid-Atlantic, Midwest, New York, ERCOT, and Other Power Regions. CEG sells natural gas, and other energy-related products and services. Constellation Energy has an expected revenue and earnings growth rate of 3.7% and 19.2%, respectively, for next year. The Zacks Consensus Estimate for next-year earnings has improved 0.9% over the last seven days. Zacks Names \""Single Best Pick to Double\"" From thousands of stocks, 5 Zacks experts each have chosen their favorite to skyrocket +100% or more in months to come. From those 5, Director of Research Sheraz Mian hand-picks one to have the most explosive upside of all. It\u2019s credited with a \u201cwatershed medical breakthrough\u201d and is developing a bustling pipeline of other projects that could make a world of difference for patients suffering from diseases involving the liver, lungs, and blood. This is a timely investment that you can catch while it emerges from its bear market lows. It could rival or surpass other recent Stocks Set to Double like Boston Beer Company which shot up +143.0% in little more than 9 months and NVIDIA which boomed +175.9% in one year. Free: See Our Top Stock And 4 Runners Up Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Constellation Energy Corporation (CEG) : Free Stock Analysis Report NVIDIA Corporation (NVDA) : Free Stock Analysis Report Copart, Inc. (CPRT) : Free Stock Analysis Report Insulet Corporation (PODD) : Free Stock Analysis Report Vertiv Holdings Co. (VRT) : Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""The Zacks Analyst Blog Highlights Copart, Pinterest, Arista Networks, CrowdStrike and Lyft For Immediate Release Chicago, IL \u2013 December 4, 2023 \u2013 Zacks.com announces the list of stocks featured in the Analyst Blog. Every day the Zacks Equity Research analysts discuss the latest news and events impacting stocks and the financial markets. Stocks recently featured in the blog include: Copart CPRT, Pinterest PINS, Arista Networks ANET, CrowdStrike CRWD and Lyft LYFT. Here are highlights from Friday\u2019s Analyst Blog: 5 Top Growth Stocks to Own in December U.S. equities finished November sharply higher, and the upward trajectory is likely to continue through December, which is typically a good time for Wall Street. The Dow ended a three-month losing streak by gaining 8.9% in November. The 30-stock, blue-chip index has rallied to a record high for the year. Similarly, the S&P 500 and the Nasdaq closed out November with gains of 8.9% and 10.7%, respectively. These two major indexes have notched their best monthly performance since July 2022. The indexes are now just 1% away from their individual 2023 highs. All the indexes are poised to cement a year-end rally following a strong November. According to Carson Group\u2019s chief market strategist Ryan Detrick, since 1950, the S&P 500 has, on average, gained another 1.8% monthly following a gain of 8% or more in the prior month. Additionally, stocks saw strong returns in December following solid gains till November. Traditionally, if the S&P 500 is up more than 15% till November, then the broader index has ended December in the green, 75% of the time, according to Dow Jones Market Data. The Nasdaq, too, finishes December higher, 67% of the time, if the tech-heavy index is up more than 20% till November. Both the S&P 500 and the Nasdaq have soared 18.2% and 35% so far this year, a tell-tale sign that the current momentum in the stock market will undoubtedly cement a year-end rally. What\u2019s more, stocks have historically scaled northward during the last five trading sessions in December, known as the Santa Claus rally. Now seasonal trends may not necessarily predict the future. But stocks have gained strength in recent times, thanks to the likelihood of a pause in interest rate hikes by the Federal Reserve amid inflation showing signs of cooling down, while the U.S. economy remains buoyant. Per the CME FedWatch Tool, 42.7% of the market pundits are expecting the Fed to lower interest rates by 25 basis points in the March policy meeting. Thus, with the Fed poised to curb its aggressive monetary policy coupled with strong seasonal trends, the stock market is well-positioned to gain further. This calls for placing bets on sound growth stocks like Copart, Pinterest, Arista Networks, CrowdStrike and Lyft. These stocks carry a Zacks Rank #1 (Strong Buy) or 2 (Buy), and a Growth Score of A or B, a combination that offers the best opportunities in the growth investing space. You can seethe complete list of today\u2019s Zacks Rank #1 stocks here. Copart provides online auctions and a wide range of remarketing services to process and sell salvage and clean-title vehicles. Copart, currently, has a Zacks Rank #1 and a Growth Score of B. The Zacks Consensus Estimate for its current-year earnings has moved up 3.6% over the past 60 days. CPRT\u2019s expected earnings growth rate for the current year is 15.1%. Pinterest provides a platform to show its users (called Pinners) visual recommendations (called Pins) based on their tastes and interests. Pinterest, currently, has a Zacks Rank #1 and a Growth Score of A. The Zacks Consensus Estimate for its current-year earnings has moved up 11.5% over the past 60 days. PINS\u2019 expected earnings growth rate for the current year is 72.6%. Arista Networks is engaged in providing cloud networking solutions for data centers and cloud computing environments. Arista Networks, currently, has a Zacks Rank #2 and a Growth Score of B. The Zacks Consensus Estimate for its current-year earnings has moved up 6.3% over the past 60 days. ANET\u2019s expected earnings growth rate for the current year is 43%. CrowdStrike is a leader in next-generation endpoint protection, threat intelligence, and cyberattack response services. CrowdStrike, currently, has a Zacks Rank #2 and a Growth Score of A. The Zacks Consensus Estimate for its next-year earnings has moved up 0.9% over the past 60 days. CRWD\u2019s expected earnings growth rate for the current year is 83.1%. Lyft operates multimodal transportation networks in the United States and Canada. Lyft, currently, has a Zacks Rank #2 and a Growth Score of A. The Zacks Consensus Estimate for its current-year earnings has moved up 50% over the past 60 days. LYFT\u2019s expected earnings growth rate for the current year is 136%. Copart, Pinterest, Arista Networks, CrowdStrike, and Lyft\u2019s expected earnings growth rates for the next year are 9%, 18.7%, 9.8%, 23.1%, and 9.3%, respectively. Why Haven\u2019t You Looked at Zacks' Top Stocks? Since 2000, our top stock-picking strategies have blown away the S&P's +6.2 average gain per year. Amazingly, they soared with average gains of +46.4%, +49.5% and +55.2% per year. Today you can access their live picks without cost or obligation. See Stocks Free >> Media Contact Zacks Investment Research 800-767-3771 ext. 9339 support@zacks.com https://www.zacks.com Past performance is no guarantee of future results. Inherent in any investment is the potential for loss. This material is being provided for informational purposes only and nothing herein constitutes investment, legal, accounting or tax advice, or a recommendation to buy, sell or hold a security. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. It should not be assumed that any investments in securities, companies, sectors or markets identified and described were or will be profitable. All information is current as of the date of herein and is subject to change without notice. Any views or opinions expressed may not reflect those of the firm as a whole. Zacks Investment Research does not engage in investment banking, market making or asset management activities of any securities. These returns are from hypothetical portfolios consisting of stocks with Zacks Rank = 1 that were rebalanced monthly with zero transaction costs. These are not the returns of actual portfolios of stocks. The S&P 500 is an unmanaged index. Visit https://www.zacks.com/performance for information about the performance numbers displayed in this press release. Zacks Names \""Single Best Pick to Double\"" From thousands of stocks, 5 Zacks experts each have chosen their favorite to skyrocket +100% or more in months to come. From those 5, Director of Research Sheraz Mian hand-picks one to have the most explosive upside of all. It\u2019s credited with a \u201cwatershed medical breakthrough\u201d and is developing a bustling pipeline of other projects that could make a world of difference for patients suffering from diseases involving the liver, lungs, and blood. This is a timely investment that you can catch while it emerges from its bear market lows. It could rival or surpass other recent Stocks Set to Double like Boston Beer Company which shot up +143.0% in little more than 9 months and NVIDIA which boomed +175.9% in one year. Free: See Our Top Stock And 4 Runners Up Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Copart, Inc. (CPRT) : Free Stock Analysis Report Arista Networks, Inc. (ANET) : Free Stock Analysis Report Lyft, Inc. (LYFT) : Free Stock Analysis Report Pinterest, Inc. (PINS) : Free Stock Analysis Report CrowdStrike (CRWD) : Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.""]"
CPRT,2023-12-05,48.78,49.16,48.45,48.79,"Top 5 Non-Tech Nasdaq Composite Winners With More Upside Left Wall Street rebounded in 2023 after a highly disappointing 2022. The rally was primarily led by growth stocks, especially, technology stocks. Consequently, the tech-heavy Nasdaq Composite Index took the lead role in enabling U.S. stock markets to resume their northward journey. Year to date, the tech-heavy index has rallied 36.7%. Moreover, the tech rally in 2023 was led by a massive thrust toward artificial intelligence (AI), especially generative AI. The rapid penetration of digital technologies and the Internet worldwide during the lockdown, ushered in significant adoption of AI. Despite being a tech-laden index, the Nasdaq Composite also carries a diversified structure. Several stocks from non-technology sectors like consumer discretionary, consumer staples, medical, business services and industrials are included in the index. Several stocks from these non-technology sectors have also popped in 2023. Our Top Picks We have narrowed our search to five Nasdaq Composite listed non-technology stocks that have provided more than 40% returns year to date and have more potential for growth. These stocks have seen positive earnings estimate revisions in the last 30 days. Each of our picks carries a Zacks Rank #2 (Buy). You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here. The chart below shows the price performance of our five picks year to date. Image Source: Zacks Investment Research Copart Inc. CPRT enjoys a leadership position in the automotive auction market, commanding roughly 40% of the market share. CPRT’s competitiveness is supported by its multiple locations and the size of its new facility openings. Expansion initiatives, along with a digital ramp-up, will aid Copart in a fast pickup across the country. The launch of Copart Max has further stepped up its digital game. Salvage auction volumes are likely to remain elevated amid an increase in vehicle miles traveled and a higher collision frequency. Additionally, aging vehicles and technologically advanced auto parts are proving to be a boon for CPRT. A strong balance sheet with low leverage and high liquidity provides CPRT with financial flexibility. Copart has an expected revenue and earnings growth rate of 8.9% and 15.1%, respectively, for the current year (ending July 2024). The Zacks Consensus Estimate for current-year earnings has improved 0.7% over the last seven days. Celsius Holdings Inc. CELH specializes in commercializing healthier, nutritional functional foods, beverages and dietary supplements. CELH markets Celsius, the calorie burner, through its wholly-owned operating subsidiary, Celsius Inc. CELH sells its products through grocery, drug, convenience, club and mass, and health and fitness channels. Celsius Holdings has an expected revenue and earnings growth rate of 39.4% and 29.1%, respectively, for next year. The Zacks Consensus Estimate for next-year earnings has improved 1.1% over the last 30 days. Coinbase Global Inc. COIN provides financial infrastructure and technology for the crypto economy in the United States and internationally. COIN offers the primary financial account in the crypto space for consumers, a marketplace with a pool of liquidity for transacting in crypto assets for institutions; and technology and services that enable developers to build crypto-based applications and securely accept crypto assets as payment. Coinbase Global has an expected revenue and earnings growth rate of 5.3% and 29.3%, respectively, for next year. The Zacks Consensus Estimate for next-year earnings has improved more than 100% over the last 30 days. Affirm Holdings Inc. AFRM is an emerging growth company. AFRM is building the next-generation platform for digital and mobile-first commerce. AFRM believes that it can reinvent the payment experience. AFRM’s platform is comprised of three core elements: a point-of-sale payment solution for consumers, merchant commerce solutions, and a consumer-focused app. Affirm Holdings has an expected revenue and earnings growth rate of 25.4% and more than 100%, respectively, for next year. The Zacks Consensus Estimate for next-year earnings has improved more than 100% over the last 30 days. PACCAR Inc. PCAR is one of the leading names in the trucking business, with reputed brands like Kenworth, Peterbilt and DAF. The DAF lineup, comprising the XF, XG and XD models, augurs well. PCAR’s low leverage and investor-friendly moves instill confidence. Accelerated efforts toward electrification, connected vehicle services and advanced driver-assistance system options are set to bolster PCAR’s prospects. PACCAR has an expected revenue and earnings growth rate of 20.1% and 56.4%, respectively, for the current year. The Zacks Consensus Estimate for current-year earnings has improved 0.8% over the last 30 days. 7 Best Stocks for the Next 30 Days Just released: Experts distill 7 elite stocks from the current list of 220 Zacks Rank #1 Strong Buys. They deem these tickers ""Most Likely for Early Price Pops."" Since 1988, the full list has beaten the market more than 2X over with an average gain of +24.0% per year. So be sure to give these hand-picked 7 your immediate attention. See them now >> Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report PACCAR Inc. (PCAR) : Free Stock Analysis Report Copart, Inc. (CPRT) : Free Stock Analysis Report Celsius Holdings Inc. (CELH) : Free Stock Analysis Report Affirm Holdings, Inc. (AFRM) : Free Stock Analysis Report Coinbase Global, Inc. (COIN) : Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
CPRT,2023-12-06,48.97,49.3,47.085,47.7,"Why Copart, Inc. (CPRT) is a Top Momentum Stock for the Long-Term It doesn't matter your age or experience: taking full advantage of the stock market and investing with confidence are common goals for all investors. Luckily, Zacks Premium offers several different ways to do both. The research service features daily updates of the Zacks Rank and Zacks Industry Rank, full access to the Zacks #1 Rank List, Equity Research reports, and Premium stock screens, all of which will help you become a smarter, more confident investor. Zacks Premium also includes the Zacks Style Scores. What are the Zacks Style Scores? Developed alongside the Zacks Rank, the Zacks Style Scores are a group of complementary indicators that help investors pick stocks with the best chances of beating the market over the next 30 days. Each stock is given an alphabetic rating of A, B, C, D or F based on their value, growth, and momentum qualities. With this system, an A is better than a B, a B is better than a C, and so on, meaning the better the score, the better chance the stock will outperform. The Style Scores are broken down into four categories: Value Score Finding good stocks at good prices, and discovering which companies are trading under their true value, are what value investors like to focus on. So, the Value Style Score takes into account ratios like P/E, PEG, Price/Sales, Price/Cash Flow, and a host of other multiples to highlight the most attractive and discounted stocks. Growth Score While good value is important, growth investors are more focused on a company's financial strength and health, and its future outlook. The Growth Style Score takes projected and historic earnings, sales, and cash flow into account to uncover stocks that will see long-term, sustainable growth. Momentum Score Momentum traders and investors live by the saying ""the trend is your friend."" This investing style is all about taking advantage of upward or downward trends in a stock's price or earnings outlook. Employing factors like one-week price change and the monthly percentage change in earnings estimates, the Momentum Style Score can indicate favorable times to build a position in high-momentum stocks. VGM Score If you like to use all three kinds of investing, then the VGM Score is for you. It's a combination of all Style Scores, and is an important indicator to use with the Zacks Rank. The VGM Score rates each stock on their shared weighted styles, narrowing down the companies with the most attractive value, best growth forecast, and most promising momentum. How Style Scores Work with the Zacks Rank The Zacks Rank is a proprietary stock-rating model that harnesses the power of earnings estimate revisions, or changes to a company's earnings expectations, to help investors build a successful portfolio. Investors can count on the Zacks Rank's success, with #1 (Strong Buy) stocks producing an unmatched +25.41% average annual return since 1988, more than double the S&P 500's performance. But the model rates a large number of stocks, and there are over 200 companies with a Strong Buy rank, plus another 600 with a #2 (Buy) rank, on any given day. With more than 800 top-rated stocks to choose from, it can certainly feel overwhelming to pick the ones that are right for you and your investing journey. That's where the Style Scores come in. To have the best chance of big returns, you'll want to always consider stocks with a Zacks Rank #1 or #2 that also have Style Scores of A or B, which will give you the highest probability of success. If you're looking at stocks with a #3 (Hold) rank, it's important they have Scores of A or B as well to ensure as much upside potential as possible. The direction of a stock's earnings estimate revisions should always be a key factor when choosing which stocks to buy, since the Scores were created to work together with the Zacks Rank. Here's an example: a stock with a #4 (Sell) or #5 (Strong Sell) rating, even one with Style Scores of A and B, still has a downward-trending earnings outlook, and a bigger chance its share price will decrease too. Thus, the more stocks you own with a #1 or #2 Rank and Scores of A or B, the better. Stock to Watch: Copart, Inc. (CPRT) Based in Dallas, TX, Copart, Inc. was founded in 1982. The company provides online auctions and a wide range of remarketing services to process and sell salvage and clean-title vehicles. This is done mainly over the Internet, through its Virtual Bidding Third Generation (VB3) Internet auction-style sales technology. Sellers are primarily insurance companies, banks and financial institutions, charities, car dealerships, fleet operators and vehicle rental companies. Buyers include licensed vehicle dismantlers, rebuilders, repair licensees, used vehicle dealers and exporters, along with the general public. CPRT is a #2 (Buy) on the Zacks Rank, with a VGM Score of B. Momentum investors should take note of this Business Services stock. CPRT has a Momentum Style Score of A, and shares are up 4.9% over the past four weeks. Four analysts revised their earnings estimate upwards in the last 60 days for fiscal 2024. The Zacks Consensus Estimate has increased $0.03 to $1.45 per share. CPRT boasts an average earnings surprise of 10.3%. With a solid Zacks Rank and top-tier Momentum and VGM Style Scores, CPRT should be on investors' short list. Zacks Reveals ChatGPT ""Sleeper"" Stock One little-known company is at the heart of an especially brilliant Artificial Intelligence sector. By 2030, the AI industry is predicted to have an internet and iPhone-scale economic impact of $15.7 Trillion. As a service to readers, Zacks is providing a bonus report that names and explains this explosive growth stock and 4 other ""must buys."" Plus more. Download Free ChatGPT Stock Report Right Now >> Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Copart, Inc. (CPRT) : Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
CPRT,2023-12-07,47.97,48.04,47.52,47.68,
CPRT,2023-12-08,47.21,47.63,47.08,47.39,
CPRT,2023-12-11,47.885,49.19,47.84,49.01,
CPRT,2023-12-12,49.06,49.465,48.665,49.37,"[""Why Copart, Inc. (CPRT) is a Top Growth Stock for the Long-Term Taking full advantage of the stock market and investing with confidence are common goals for new and old investors, and Zacks Premium offers many different ways to do both. The popular research service can help you become a smarter, more self-assured investor, giving you access to daily updates of the Zacks Rank and Zacks Industry Rank, the Zacks #1 Rank List, Equity Research reports, and Premium stock screens. Zacks Premium also includes the Zacks Style Scores. What are the Zacks Style Scores? The Zacks Style Scores is a unique set of guidelines that rates stocks based on three popular investing types, and were developed as complementary indicators for the Zacks Rank. This combination helps investors choose securities with the highest chances of beating the market over the next 30 days. Each stock is given an alphabetic rating of A, B, C, D or F based on their value, growth, and momentum qualities. With this system, an A is better than a B, a B is better than a C, and so on, meaning the better the score, the better chance the stock will outperform. The Style Scores are broken down into four categories: Value Score For value investors, it's all about finding good stocks at good prices, and discovering which companies are trading under their true value before the broader market catches on. The Value Style Score utilizes ratios like P/E, PEG, Price/Sales, Price/Cash Flow, and a host of other multiples to help pick out the most attractive and discounted stocks. Growth Score While good value is important, growth investors are more focused on a company's financial strength and health, and its future outlook. The Growth Style Score takes projected and historic earnings, sales, and cash flow into account to uncover stocks that will see long-term, sustainable growth. Momentum Score Momentum investors, who live by the saying \""the trend is your friend,\"" are most interested in taking advantage of upward or downward trends in a stock's price or earnings outlook. Utilizing one-week price change and the monthly percentage change in earnings estimates, among other factors, the Momentum Style Score can help determine favorable times to buy high-momentum stocks. VGM Score If you like to use all three kinds of investing, then the VGM Score is for you. It's a combination of all Style Scores, and is an important indicator to use with the Zacks Rank. The VGM Score rates each stock on their shared weighted styles, narrowing down the companies with the most attractive value, best growth forecast, and most promising momentum. How Style Scores Work with the Zacks Rank The Zacks Rank, which is a proprietary stock-rating model, employs earnings estimate revisions, or changes to a company's earnings expectations, to make building a winning portfolio easier. #1 (Strong Buy) stocks have produced an unmatched +25.41% average annual return since 1988, which is more than double the S&P 500's performance over the same time frame. However, the Zacks Rank examines a ton of stocks, and there can be more than 200 companies with a Strong Buy rank, and another 600 with a #2 (Buy) rank, on any given day. This totals more than 800 top-rated stocks, and it can be overwhelming to try and pick the best stocks for you and your portfolio. That's where the Style Scores come in. To have the best chance of big returns, you'll want to always consider stocks with a Zacks Rank #1 or #2 that also have Style Scores of A or B, which will give you the highest probability of success. If you're looking at stocks with a #3 (Hold) rank, it's important they have Scores of A or B as well to ensure as much upside potential as possible. As mentioned above, the Scores are designed to work with the Zacks Rank, so any change to a company's earnings outlook should be a deciding factor when picking which stocks to buy. For instance, a stock with a #4 (Sell) or #5 (Strong Sell) rating, even one that boasts Scores of A and B, still has a downward-trending earnings forecast, and a much greater likelihood its share price will decline as well. Thus, the more stocks you own with a #1 or #2 Rank and Scores of A or B, the better. Stock to Watch: Copart, Inc. (CPRT) Based in Dallas, TX, Copart, Inc. was founded in 1982. The company provides online auctions and a wide range of remarketing services to process and sell salvage and clean-title vehicles. This is done mainly over the Internet, through its Virtual Bidding Third Generation (VB3) Internet auction-style sales technology. Sellers are primarily insurance companies, banks and financial institutions, charities, car dealerships, fleet operators and vehicle rental companies. Buyers include licensed vehicle dismantlers, rebuilders, repair licensees, used vehicle dealers and exporters, along with the general public. CPRT is a #2 (Buy) on the Zacks Rank, with a VGM Score of B. Additionally, the company could be a top pick for growth investors. CPRT has a Growth Style Score of B, forecasting year-over-year earnings growth of 15.1% for the current fiscal year. Four analysts revised their earnings estimate upwards in the last 60 days for fiscal 2024. The Zacks Consensus Estimate has increased $0.03 to $1.45 per share. CPRT boasts an average earnings surprise of 10.3%. With a solid Zacks Rank and top-tier Growth and VGM Style Scores, CPRT should be on investors' short list. 4 Oil Stocks with Massive Upsides Global demand for oil is through the roof... and oil producers are struggling to keep up. So even though oil prices are well off their recent highs, you can expect big profits from the companies that supply the world with \""black gold.\"" Zacks Investment Research has just released an urgent special report to help you bank on this trend. In Oil Market on Fire, you'll discover 4 unexpected oil and gas stocks positioned for big gains in the coming weeks and months. You don't want to miss these recommendations. Download your free report now to see them. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Copart, Inc. (CPRT) : Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""The Zacks Analyst Blog Highlights NVIDIA, The Progressive, Copart, W.R. Berkley and Everest Group For Immediate Release Chicago, IL \u2013 December 12, 2023 \u2013 Zacks.com announces the list of stocks featured in the Analyst Blog. Every day the Zacks Equity Research analysts discuss the latest news and events impacting stocks and the financial markets. Stocks recently featured in the blog include: NVIDIA NVDA, The Progressive PGR, Copart CPRT, W.R. Berkley WRB and Everest Group Ltd. EG. Here are highlights from Monday\u2019s Analyst Blog: What's in Store for '24 on the S&P 500? The S&P 500 is up 19.9% this year due to a cooling in inflation, a less-hawkish Fed, an AI boom, a tech rally and an improvement in corporate earnings. We are currently in the last month of 2023, and the time is ripe to think about what lies ahead of the S&P 500 in 2024. According to Bloomberg's Markets Live Pulse survey, the S&P 500 Index is expected to hit a new high in 2024, as quoted on Yahoo Finance. This positive outlook is driven by the belief that the U.S. economy will avoid a recession. However, a subdued consumer sector may lead to the index experiencing smaller gains compared to the notable 20% surge recorded this year. The survey reveals that the median expectation of 518 respondents is for the S&P 500 to reach 4,808 points in the coming year, surpassing its previous closing peak of 4,797 from January 2022. Market Resilience Despite Economic Uncertainty The majority of respondents do not expect a massive economic downturn as the primary risk to the markets. Plus, there are high chances that the Federal Reserve will cut interest rates before July, arranging more supplies of cheap money and helping the S&P 500 Index to rally. Wall Street Strategists' Optimism Prominent Wall Street strategists, including those at Deutsche Bank AG and RBC Capital Markets, predict record highs for U.S. stocks (their target is 5,100) in 2024.RBC Capital Markets and Bank of America believe that the S&P 500 may hit 5,000 by the end of 2024, as quoted on MarketWatch, published on Morningstar. Meanwhile, Fundstrat's head of research, Tom Lee, projects the benchmark S&P 500 Index to end 2024 at 5,200 as slumping inflation would lead to easing financial conditions and the U.S. economy will once again be able to avoid recession, as quoted on Yahoo Finance. Any Wall of Worry? Despite the overall optimism, not everyone supports the same positive outlook. The likelihood of a U.S. recession or slowdown, a dearth of rapid Fed policy easing, uncertainty regarding the U.S. presidential election in 2024, or any new political or geopolitical crisis may complicate things. The 2024 U.S. presidential election is seen as a potential cause of concern for the stock market. RBC notes that, on average, the S&P 500 tends to grow by about 7.5% during presidential election years, which is less than its typical growth rate. Around 33% of survey participants think a slowdown in consumer spending could act as a potential risk to the market rally in 2024.JPMorgan believes that the S&P 500 will fall next year amid a challenging macro backdrop. The J.P. Morgan target is 4,200, while Morgan Stanley and Goldman Sachs expect the index to end 2024, respectively, at 4,500 and 4,700. Moderate Upside Gains Possible, If at all Record High Hit While the median forecast in the survey points to a record closing high for the S&P 500, it represents only a modest 4% gain from its current levels. This is pretty lower than the historical average of a 19% annual uptick when the index grows, as quoted on the Yahoo Finance article. Stock Picks Below, we highlight five stocks from the S&P 500 that have solid upside left for 2024. These stocks have witnessed positive earnings estimate revisions for the upcoming quarter in the last 30 days. Each of our picks carries a Zacks Rank #1 (Strong Buy) or 2 (Buy) and has an upbeat VGM Score A or B. NVIDIA \u2013 Zacks Rank #2 NVIDIA Corporation is the worldwide leader in visual computing technologies and the inventor of the graphic processing unit, or GPU. The stock is a huge beneficiary of the ongoing AI boom. The stock has witnessed 21.49% positive earnings estimate revisions for the upcoming quarter in the last 30 days. It has a VGM Score of B. The Progressive \u2013 Zacks Rank #1 The Progressive Corporation is one of the major auto insurers in the country. The stock has witnessed 6.1% positive earnings estimate revisions for the upcoming quarter in the last 30 days. It has a VGM Score of B. Copart\u2013 Zacks Rank #2 The company provides online auctions and a wide range of remarketing services to process and sell salvage and clean-title vehicles. The stock has witnessed 2.96% positive earnings estimate revisions for the upcoming quarter in the last 30 days. It has a VGM Score of B. W.R. Berkley \u2013 Zacks Rank #1 W. R. Berkley Corporation is an insurance holding company that is among the largest commercial lines writers in the United States and operates worldwide in two segments of the property casualty insurance business: Insurance and Reinsurance. Each of the operating units within Berkley participates in a niche market requiring specialized knowledge about a territory or product. The stock has witnessed 2.32% positive earnings estimate revisions for the upcoming quarter in the last 30 days. It has a VGM Score of B. Everest Group Ltd. \u2013 Zacks Rank #1 Everest Group underwrites property and casualty reinsurance for insurance and reinsurance companies in the U.S. and international markets. The stock has witnessed 1.67% positive earnings estimate revisions for the upcoming quarter in the last 30 days. It has a VGM Score of A. Why Haven't You Looked at Zacks' Top Stocks? Since 2000, our top stock-picking strategies have blown away the S&P's +6.2 average gain per year. Amazingly, they soared with average gains of +46.4%, +49.5% and +55.2% per year. Today you can access their live picks without cost or obligation. See Stocks Free >> Media Contact Zacks Investment Research 800-767-3771 ext. 9339 support@zacks.com https://www.zacks.com Past performance is no guarantee of future results. Inherent in any investment is the potential for loss. This material is being provided for informational purposes only and nothing herein constitutes investment, legal, accounting or tax advice, or a recommendation to buy, sell or hold a security. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. It should not be assumed that any investments in securities, companies, sectors or markets identified and described were or will be profitable. All information is current as of the date of herein and is subject to change without notice. Any views or opinions expressed may not reflect those of the firm as a whole. Zacks Investment Research does not engage in investment banking, market making or asset management activities of any securities. These returns are from hypothetical portfolios consisting of stocks with Zacks Rank = 1 that were rebalanced monthly with zero transaction costs. These are not the returns of actual portfolios of stocks. The S&P 500 is an unmanaged index. Visit https://www.zacks.com/performance for information about the performance numbers displayed in this press release. 4 Oil Stocks with Massive Upsides Global demand for oil is through the roof... and oil producers are struggling to keep up. So even though oil prices are well off their recent highs, you can expect big profits from the companies that supply the world with \""black gold.\"" Zacks Investment Research has just released an urgent special report to help you bank on this trend. In Oil Market on Fire, you'll discover 4 unexpected oil and gas stocks positioned for big gains in the coming weeks and months. You don't want to miss these recommendations. Download your free report now to see them. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report NVIDIA Corporation (NVDA) : Free Stock Analysis Report W.R. Berkley Corporation (WRB) : Free Stock Analysis Report The Progressive Corporation (PGR) : Free Stock Analysis Report Copart, Inc. (CPRT) : Free Stock Analysis Report Everest Group, Ltd. (EG) : Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.""]"
CPRT,2023-12-13,49.54,50.02,49.265,49.87,
CPRT,2023-12-14,50.22,50.22,48.85,49.16,
CPRT,2023-12-15,49.22,49.36,48.6,48.91,"[""Validea Detailed Fundamental Analysis - CPRT Below is Validea's guru fundamental report for COPART, INC. (CPRT). Of the 22 guru strategies we follow, CPRT rates highest using our Quantitative Momentum Investor model based on the published strategy of Wesley Gray. This momentum model looks for stocks with strong and consistent intermediate-term relative performance. COPART, INC. (CPRT) is a large-cap growth stock in the Business Services industry. The rating using this strategy is 100% based on the firm\u2019s underlying fundamentals and the stock\u2019s valuation. A score of 80% or above typically indicates that the strategy has some interest in the stock and a score above 90% typically indicates strong interest. The following table summarizes whether the stock meets each of this strategy's tests. Not all criteria in the below table receive equal weighting or are independent, but the table provides a brief overview of the strong and weak points of the security in the context of the strategy's criteria. DEFINE THE UNIVERSE: PASS TWELVE MINUS ONE MOMENTUM: PASS RETURN CONSISTENCY PASS SEASONALITY NEUTRAL Detailed Analysis of COPART, INC. CPRT Guru Analysis CPRT Fundamental Analysis More Information on Wesley Gray Wesley Gray Portfolio About Wesley Gray: Wesley Gray is the founder of Alpha Architect and the author (along with co-author Jack Vogel) of \""Quantitative Momentum A Practitioner's Guide to Building a Momentum-Based Stock Selection System\"". He is also the author (along with co-author Tobias Carlisle) of \""Quantitative Value: A Practitioner's Guide to Automating Intelligent Investment and Eliminating Behavioral Errors\"". He is an industry recognized expert in the application of quantitative investing strategies. Wes is also a former Marine and has his Phd from the Univerisity of Chicago, where he studied under Nobel Prize winner Eugene Fama. Additional Research Links Top Large-Cap Growth Stocks Factor-Based Stock Portfolios Dividend Aristocrats 2023 High Insider Ownership Stocks Top S&P 500 Stocks About Validea: Validea is aninvestment researchservice that follows the published strategies of investment legends. Validea offers both stock analysis and model portfolios based on gurus who have outperformed the market over the long-term, including Warren Buffett, Benjamin Graham, Peter Lynch and Martin Zweig. For more information about Validea, click here The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Are Business Services Stocks Lagging Copart (CPRT) This Year? The Business Services group has plenty of great stocks, but investors should always be looking for companies that are outperforming their peers. Has Copart, Inc. (CPRT) been one of those stocks this year? A quick glance at the company's year-to-date performance in comparison to the rest of the Business Services sector should help us answer this question. Copart, Inc. is a member of the Business Services sector. This group includes 318 individual stocks and currently holds a Zacks Sector Rank of #4. The Zacks Sector Rank considers 16 different groups, measuring the average Zacks Rank of the individual stocks within the sector to gauge the strength of each group. The Zacks Rank is a proven model that highlights a variety of stocks with the right characteristics to outperform the market over the next one to three months. The system emphasizes earnings estimate revisions and favors companies with improving earnings outlooks. Copart, Inc. is currently sporting a Zacks Rank of #2 (Buy). Over the past 90 days, the Zacks Consensus Estimate for CPRT's full-year earnings has moved 4.8% higher. This means that analyst sentiment is stronger and the stock's earnings outlook is improving. Based on the latest available data, CPRT has gained about 60.7% so far this year. Meanwhile, the Business Services sector has returned an average of 21.1% on a year-to-date basis. This means that Copart, Inc. is outperforming the sector as a whole this year. Another stock in the Business Services sector, Braze, Inc. (BRZE), has outperformed the sector so far this year. The stock's year-to-date return is 97.9%. In Braze, Inc.'s case, the consensus EPS estimate for the current year increased 8.4% over the past three months. The stock currently has a Zacks Rank #2 (Buy). Looking more specifically, Copart, Inc. belongs to the Auction and Valuation Services industry, which includes 2 individual stocks and currently sits at #4 in the Zacks Industry Rank. Stocks in this group have gained about 58.3% so far this year, so CPRT is performing better this group in terms of year-to-date returns. In contrast, Braze, Inc. falls under the Technology Services industry. Currently, this industry has 176 stocks and is ranked #74. Since the beginning of the year, the industry has moved +49%. Copart, Inc. and Braze, Inc. could continue their solid performance, so investors interested in Business Services stocks should continue to pay close attention to these stocks. Zacks Naming Top 10 Stocks for 2024 Want to be tipped off early to our 10 top picks for the entirety of 2024? History suggests their performance could be sensational. From 2012 (when our Director of Research, Sheraz Mian assumed responsibility for the portfolio) through November, 2023, the Zacks Top 10 Stocks gained +974.1%, nearly TRIPLING the S&P 500\u2019s +340.1%. Now Sheraz is combing through 4,400 companies to handpick the best 10 tickers to buy and hold in 2024. Don\u2019t miss your chance to get in on these stocks when they\u2019re released on January 2. Be First to New Top 10 Stocks >> Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Copart, Inc. (CPRT) : Free Stock Analysis Report Braze, Inc. (BRZE) : Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Looking for Stocks to Buy in 2024? Here are 3 Strong Picks Wall Street bulls finally got what they have been wishing for: a dovish Fed. Jay Powell and Co. gave the green light to market bulls last week when the world\u2019s most important central bank signaled the possibility of three interest rate cuts in 2024. The S&P 500 is closing in on new all-time highs and the market hasn\u2019t even hit the official Santa Claus rally period. Markets never go straight up, so investors should expect some sideways movement and selling in the coming weeks and months. But the stock market looks primed for a solid 2024 as the math on cash and bonds changes and more investors join the party, worried they might miss out on another prolonged rally. Arista Networks (ANET) Arista Networks is a networking infrastructure provider, with solutions that range from IP storage and big data to AI networking and beyond. ANET has more than 8,000+ cloud customers worldwide, including Microsoft (MSFT) and Meta (META). Arista Networks\u2019 offerings are clearly at the cutting edge and critical when two global technology superpowers are huge customers. ANET is projected to grow its sales by 34% in FY23 and 12% next year to climb from $4.38 billion in FY22 to $6.52 billion in FY24. This expected top-line growth follows 23% average revenue expansion over the past five years. Image Source: Zacks Investment Research The networking infrastructure firm\u2019s adjusted earnings are projected to soar 43% this year and 10% higher next year. Arista Networks boosted its bottom-line outlook once again when it reported its Q3 results to help it grab a Zacks Rank #2 (Buy) and extend its impressive streak of upward earnings revisions. Arista Networks shares have soared 1,600% during the last 10 years vs. the Zacks Tech sector\u2019s 250%, Microsoft's 910% and Meta's 510%. This outperformance includes a 95% surge in 2023 that has it sitting at fresh all-time highs. On the valuation side, ANET trades at a nearly 50% discount to its decade-long highs and not too far above its median. Arista Networks has an impressive balance sheet and Wall Street is high on the stock. Shift4 Payments (FOUR) Shift4 Payments is an integrated payment processing solutions leader that captures a Zacks Rank #1 (Strong Buy) right now. Shift4 Payments\u2019 offerings span in-person and digital, helping run payment infrastructure across various industries. Shift4 Payments\u2019 client list is strong, ranging from Hilton and to Little Caesars pizza. FOUR\u2019s end-to-end payment volume climbed 36% YoY in Q3 to $27.9 billion, with gross profit up 34%. Shift4 Payments has topped our quarterly EPS estimates by an average of 25% in the trailing four quarters, including a 17% Q3 beat. Image Source: Zacks Investment Research Shift4 Payments\u2019 FY24 consensus earnings estimate is up 14% since its last report. FOUR\u2019s adjusted EPS are projected to grow by 110% and 30%, respectively in FY23 and FY24 on 31% and 37% higher revenue that would see it expand from $727.5 million last year to $1.30 billion next year. FOUR stock has climbed by 120% since its summer 2020 IP0. Shift4 Payments shares have surged 32% in 2023 to retake their 50-day and 200-day moving averages recently. Despite the overall strength, Shift4 Payments trades 27% below its 2021 highs. FOUR also trades at a discount to the Zacks tech sector at 23.4X forward 12-month earnings, marking a 90% discount to its peaks. And its earnings outlook for FY24 and FY25 have continued to improve. Copart, Inc. (CPRT) Copart is an online vehicle auction powerhouse that attempts to bring together sellers to more than 750,000 members in over 190 countries. Copart\u2019s platform helps process and sell vehicles to dealers, dismantlers, rebuilders, exporters, and the general public. Copart sells vehicles for insurance companies, banks, fleet operators, dealers, vehicle rental firms, individuals, and beyond. Copart\u2019s growth has been steady and strong, averaging 18% sales expansion over the last seven years. Copart\u2019s revenue is projected to climb 10% this year and 8% next year to hit $4.59 billion. The company\u2019s adjusted EPS are expected to surge 15% and 9%, respectively. Copart\u2019s history of earnings beats is solid and its upward EPS revisions help it land a Zacks Rank #2 (Buy) at the moment. Image Source: Zacks Investment Research CPRT stock has soared 1,000% over the last 10 years to blow away the S&P 500\u2019s 167%. Copart\u2019s outperformance includes a 60% climb in 2023. The stock has pulled back after posting new records in late November, but it recently found support at its 50-day moving average. On the valuation front, Copart trades at a 21% discount to its highs at 32.8X forward earnings. Copart\u2019s balance sheet is also stellar, with $2.58 billion in cash and equivalents and $7.33 billion in total assets vs. $897 million in total liabilities. Zacks Naming Top 10 Stocks for 2024 Want to be tipped off early to our 10 top picks for the entirety of 2024? History suggests their performance could be sensational. From 2012 (when our Director of Research, Sheraz Mian assumed responsibility for the portfolio) through November, 2023, the Zacks Top 10 Stocks gained +974.1%, nearly TRIPLING the S&P 500\u2019s +340.1%. Now Sheraz is combing through 4,400 companies to handpick the best 10 tickers to buy and hold in 2024. Don\u2019t miss your chance to get in on these stocks when they\u2019re released on January 2. Be First to New Top 10 Stocks >> Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Microsoft Corporation (MSFT) : Free Stock Analysis Report Copart, Inc. (CPRT) : Free Stock Analysis Report Arista Networks, Inc. (ANET) : Free Stock Analysis Report Shift4 Payments, Inc. (FOUR) : Free Stock Analysis Report Meta Platforms, Inc. (META) : Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.""]"
CPRT,2023-12-18,49.37,49.695,48.44,48.73,
CPRT,2023-12-19,48.84,49.015,48.385,48.56,
CPRT,2023-12-20,48.59,48.965,47.89,47.91,
CPRT,2023-12-21,48.18,48.515,47.9,48.41,
CPRT,2023-12-22,48.51,48.865,48.4,48.81,
CPRT,2023-12-26,49.01,49.15,48.5901,49.0,
CPRT,2023-12-27,49.0,49.09,48.68,48.88,
CPRT,2023-12-28,49.07,49.18,48.76,48.91,
CPRT,2023-12-29,49.0,49.08,48.6,49.0,
CPRT,2024-01-02,48.8,49.01,47.27,47.51,
CPRT,2024-01-03,47.26,47.36,46.78,46.83,
CPRT,2024-01-04,46.72,47.16,46.635,46.64,
CPRT,2024-01-05,46.55,46.7096,46.21,46.55,
CPRT,2024-01-08,46.485,47.39,46.485,47.34,
CPRT,2024-01-09,46.87,47.51,46.82,47.28,
CPRT,2024-01-10,47.43,47.98,47.275,47.93,
CPRT,2024-01-11,48.0,48.16,47.185,47.82,
CPRT,2024-01-12,47.97,47.97,47.38,47.57,
CPRT,2024-01-16,47.39,47.91,47.36,47.9,
CPRT,2024-01-17,47.73,47.99,47.31,47.75,
CPRT,2024-01-18,47.78,48.2,47.51,48.17,
CPRT,2024-01-19,48.29,48.85,48.215,48.7,
CPRT,2024-01-22,49.005,49.549,49.0,49.49,
CPRT,2024-01-23,49.41,49.59,49.0045,49.53,
CPRT,2024-01-24,49.8,49.88,48.55,48.65,
CPRT,2024-01-25,48.96,49.14,48.45,48.99,
CPRT,2024-01-26,49.0,49.03,47.74,48.06,
CPRT,2024-01-29,47.84,48.665,47.73,48.66,
CPRT,2024-01-30,48.43,48.99,48.38,48.95,
CPRT,2024-01-31,48.75,49.0147,47.92,48.04,
CPRT,2024-02-01,48.29,49.225,48.06,49.2,
CPRT,2024-02-02,49.2,50.24,48.92,50.03,
CPRT,2024-02-05,49.998,50.1475,49.4,49.99,
CPRT,2024-02-06,50.12,50.5,49.76,50.48,
CPRT,2024-02-07,50.85,51.265,50.58,50.85,
CPRT,2024-02-08,50.8,51.07,50.59,50.96,
CPRT,2024-02-09,50.97,51.145,50.65,50.91,
CPRT,2024-02-12,50.74,50.86,50.29,50.48,
CPRT,2024-02-13,49.744,49.915,48.795,49.23,
CPRT,2024-02-14,49.54,49.745,48.71,49.22,
CPRT,2024-02-15,49.34,49.87,49.04,49.73,
CPRT,2024-02-16,49.64,49.77,48.925,48.96,
CPRT,2024-02-20,49.03,49.24,48.475,48.52,
CPRT,2024-02-21,48.33,49.02,48.22,48.89,
CPRT,2024-02-22,49.62,49.895,49.27,49.41,
CPRT,2024-02-23,48.94,51.535,48.5775,51.38,
CPRT,2024-02-26,51.06,52.81,50.9695,52.5,
CPRT,2024-02-27,52.43,52.995,51.92,52.92,
CPRT,2024-02-28,52.65,53.145,52.3,53.08,
CPRT,2024-02-29,53.32,53.38,52.58,53.15,
CPRT,2024-03-01,53.03,53.7,52.67,53.58,
CPRT,2024-03-04,53.68,54.35,53.57,54.1,
CPRT,2024-03-05,54.09,54.1,53.575,53.86,
CPRT,2024-03-06,54.19,54.84,53.93,54.62,
CPRT,2024-03-07,55.14,55.38,54.94,55.21,
CPRT,2024-03-08,55.19,55.83,54.72,54.96,
CPRT,2024-03-11,54.96,54.96,53.71,54.53,
CPRT,2024-03-12,54.77,55.41,54.35,55.19,
CPRT,2024-03-13,55.1,56.455,54.98,56.25,
CPRT,2024-03-14,56.64,56.96,56.27,56.42,
CPRT,2024-03-15,56.45,56.75,56.0,56.13,
CPRT,2024-03-18,56.56,56.77,56.04,56.09,
CPRT,2024-03-19,56.37,56.5,56.01,56.27,
CPRT,2024-03-20,56.42,56.945,56.28,56.9,
CPRT,2024-03-21,57.325,57.855,57.19,57.21,
CPRT,2024-03-22,57.41,57.59,57.18,57.41,
CPRT,2024-03-25,57.41,57.55,57.015,57.18,
CPRT,2024-03-26,57.32,57.4,57.03,57.22,
CPRT,2024-03-27,57.74,57.905,56.805,57.24,
CPRT,2024-03-28,57.88,58.15,57.44,57.92,
CPRT,2024-04-01,58.13,58.58,57.72,58.07,
CPRT,2024-04-02,57.515,57.515,56.765,57.25,
CPRT,2024-04-03,57.13,57.97,57.02,57.37,
CPRT,2024-04-04,58.06,58.35,55.7,55.74,
CPRT,2024-04-05,56.56,56.95,55.81,56.55,
CPRT,2024-04-08,56.59,56.84,56.195,56.28,
CPRT,2024-04-09,56.55,56.75,55.61,56.69,
CPRT,2024-04-10,55.85,56.31,55.53,56.03,
CPRT,2024-04-11,55.98,56.2,55.5,56.0,
CPRT,2024-04-12,55.41,55.76,55.07,55.38,
CPRT,2024-04-15,56.09,56.26,54.56,54.75,
CPRT,2024-04-16,54.88,54.89,54.335,54.38,
CPRT,2024-04-17,54.49,54.76,53.87,54.02,
CPRT,2024-04-18,54.19,54.34,53.16,53.2,
CPRT,2024-04-19,53.42,53.62,52.41,52.88,
CPRT,2024-04-22,53.28,53.57,52.865,53.3,
CPRT,2024-04-23,53.37,54.48,53.26,54.31,
CPRT,2024-04-24,54.26,55.04,54.2,54.93,
CPRT,2024-04-25,54.8,55.36,54.315,55.22,
CPRT,2024-04-26,54.99,56.07,54.94,55.73,
CPRT,2024-04-29,55.73,56.13,55.265,55.71,
CPRT,2024-04-30,55.5,55.62,54.29,54.31,
CPRT,2024-05-01,54.27,55.42,54.18,54.44,
CPRT,2024-05-02,54.615,54.69,53.6514,54.4,
CPRT,2024-05-03,54.64,55.34,54.64,55.2,
CPRT,2024-05-06,55.27,55.76,55.03,55.74,
CPRT,2024-05-07,55.94,56.09,55.6,55.93,
CPRT,2024-05-08,55.77,55.825,55.12,55.16,
CPRT,2024-05-09,55.08,55.645,54.91,55.26,
CPRT,2024-05-10,55.35,55.76,54.68,54.74,
CPRT,2024-05-13,55.0,55.03,54.27,54.59,
CPRT,2024-05-14,54.37,54.48,53.8,54.4,
CPRT,2024-05-15,54.73,55.35,54.59,55.31,
CPRT,2024-05-16,55.5,55.53,54.455,54.58,
CPRT,2024-05-17,53.575,55.43,52.83,54.5,
CPRT,2024-05-20,54.52,55.0,54.295,54.92,
CPRT,2024-05-21,55.12,55.15,54.28,54.93,
CPRT,2024-05-22,54.73,55.11,53.9,53.95,
CPRT,2024-05-23,54.16,54.27,53.3,53.52,
CPRT,2024-05-24,53.52,54.2701,53.23,54.02,
CPRT,2024-05-28,53.78,53.9,52.66,52.73,
CPRT,2024-05-29,52.26,52.485,51.73,52.14,
CPRT,2024-05-30,52.2,52.895,52.09,52.53,
CPRT,2024-05-31,52.51,53.1,52.03,53.06,
CPRT,2024-06-03,53.06,53.55,52.31,52.65,
CPRT,2024-06-04,52.38,53.29,52.38,52.99,
CPRT,2024-06-05,53.28,54.07,52.94,54.0,
CPRT,2024-06-06,54.05,54.23,53.27,53.47,
CPRT,2024-06-07,53.44,54.175,53.16,53.76,
CPRT,2024-06-10,53.53,54.06,53.27,53.6,
CPRT,2024-06-11,53.37,53.535,52.76,53.27,
CPRT,2024-06-12,53.59,54.375,53.39,53.86,
CPRT,2024-06-13,53.55,53.94,53.03,53.06,
CPRT,2024-06-14,52.95,53.25,52.36,53.21,
CPRT,2024-06-17,52.89,54.37,52.75,54.35,
CPRT,2024-06-18,54.24,55.0091,53.935,54.86,
CPRT,2024-06-20,54.94,54.9794,53.355,54.02,
CPRT,2024-06-21,54.28,54.38,53.81,54.25,
CPRT,2024-06-24,54.29,55.0,54.075,54.9,
CPRT,2024-06-25,55.14,55.33,54.69,55.29,
CPRT,2024-06-26,54.83,55.15,54.415,54.61,
CPRT,2024-06-27,54.81,54.95,54.46,54.76,
CPRT,2024-06-28,54.88,55.345,54.01,54.17,
CPRT,2024-07-01,54.12,54.38,53.18,53.35,
CPRT,2024-07-02,53.25,54.71,52.9,54.69,
CPRT,2024-07-03,54.63,54.725,53.65,53.89,
CPRT,2024-07-05,53.85,54.42,53.56,54.21,
CPRT,2024-07-08,54.44,54.87,54.11,54.79,
CPRT,2024-07-09,55.01,55.22,54.3425,54.44,
CPRT,2024-07-10,54.37,54.475,53.9,54.13,
CPRT,2024-07-11,54.185,55.01,54.125,54.84,
CPRT,2024-07-12,55.21,56.055,55.18,55.535,
CPRT,2024-07-15,55.47,55.65,54.6,54.725,
CPRT,2024-07-16,54.78,54.79,53.7,53.99,
CPRT,2024-07-17,53.66,53.75,52.97,52.97,
CPRT,2024-07-18,52.89,53.02,51.485,51.65,
CPRT,2024-07-19,51.88,52.45,51.52,51.71,
CPRT,2024-07-22,52.17,52.56,51.665,52.53,
CPRT,2024-07-23,52.52,52.75,52.23,52.32,
CPRT,2024-07-24,52.25,52.395,51.12,51.15,
CPRT,2024-07-25,51.5,51.62,50.405,50.43,
CPRT,2024-07-26,50.88,51.36,50.585,51.05,
CPRT,2024-07-29,51.13,51.32,50.73,51.05,
CPRT,2024-07-30,51.42,51.845,51.25,51.72,
CPRT,2024-07-31,52.31,52.64,51.86,52.33,
CPRT,2024-08-01,52.27,53.19,51.68,52.24,
CPRT,2024-08-02,52.22,52.27,50.8901,51.72,
CPRT,2024-08-05,51.4,51.45,50.32,50.95,
CPRT,2024-08-06,50.82,50.835,49.25,49.64,
CPRT,2024-08-07,50.02,50.45,49.13,49.19,
CPRT,2024-08-08,49.415,50.2,49.07,50.09,
CPRT,2024-08-09,49.97,51.17,49.87,50.99,
CPRT,2024-08-12,50.78,51.0099,50.1,50.26,
CPRT,2024-08-13,50.6,51.11,50.12,50.97,
CPRT,2024-08-14,50.99,51.14,50.64,50.99,
CPRT,2024-08-15,51.41,51.925,51.15,51.6,
CPRT,2024-08-16,51.4,51.66,51.08,51.31,
CPRT,2024-08-19,51.385,51.6,51.15,51.59,
CPRT,2024-08-20,51.59,52.04,51.53,51.98,
CPRT,2024-08-21,52.21,52.59,51.88,52.45,
CPRT,2024-08-22,52.61,52.61,52.07,52.23,
CPRT,2024-08-23,52.53,53.06,52.47,52.76,
CPRT,2024-08-26,52.88,53.23,52.48,52.56,
CPRT,2024-08-27,52.54,52.7,52.18,52.59,
CPRT,2024-08-28,52.74,53.25,52.67,53.21,
CPRT,2024-08-29,53.18,53.31,52.145,52.4,
CPRT,2024-08-30,52.57,53.56,52.43,52.96,
CPRT,2024-09-03,53.06,54.145,53.03,53.52,
CPRT,2024-09-04,53.5,54.02,52.93,53.05,
CPRT,2024-09-05,50.0,50.24,48.375,49.52,
CPRT,2024-09-06,49.7,50.06,48.945,49.46,
CPRT,2024-09-09,49.82,49.97,49.16,49.42,
CPRT,2024-09-10,49.6,49.6,48.74,49.51,
CPRT,2024-09-11,49.3,49.45,48.05,49.38,
CPRT,2024-09-12,49.24,49.721,49.16,49.47,
CPRT,2024-09-13,49.64,50.38,49.5,50.23,
CPRT,2024-09-16,50.59,51.03,49.69,49.75,
CPRT,2024-09-17,50.07,50.815,49.99,50.72,
CPRT,2024-09-18,51.0,51.92,50.865,51.01,
CPRT,2024-09-19,51.86,52.115,51.37,51.8,
CPRT,2024-09-20,51.84,51.84,51.15,51.44,
CPRT,2024-09-23,51.51,52.01,51.46,51.69,
CPRT,2024-09-24,51.72,52.495,51.535,52.45,
CPRT,2024-09-25,52.5,52.59,51.99,52.05,
CPRT,2024-09-26,52.53,52.7,52.07,52.12,
CPRT,2024-09-27,52.17,52.3,51.76,52.06,
CPRT,2024-09-30,52.12,52.5,51.88,52.4,
CPRT,2024-10-01,52.36,52.83,51.8,52.49,
CPRT,2024-10-02,52.39,52.8319,52.16,52.65,
CPRT,2024-10-03,52.43,52.66,52.045,52.19,
CPRT,2024-10-04,52.8,53.01,52.35,52.9,
CPRT,2024-10-07,52.58,52.86,52.45,52.78,
CPRT,2024-10-08,52.98,54.54,52.98,54.47,
CPRT,2024-10-09,54.51,56.6197,54.51,55.84,
CPRT,2024-10-10,55.4,56.0,54.99,55.605,
CPRT,2024-10-11,55.78,56.585,55.73,55.92,
CPRT,2024-10-14,55.94,55.94,54.995,55.26,
CPRT,2024-10-15,55.29,55.93,54.5901,54.87,
CPRT,2024-10-16,54.91,54.91,54.2301,54.54,
CPRT,2024-10-17,54.9,54.95,53.551,53.69,
CPRT,2024-10-18,53.73,54.075,53.17,53.88,
CPRT,2024-10-21,53.7,53.85,52.5,52.56,
CPRT,2024-10-22,52.46,52.46,51.82,52.07,
CPRT,2024-10-23,51.69,52.13,51.25,51.36,
CPRT,2024-10-24,51.48,51.575,51.03,51.38,
CPRT,2024-10-25,51.6409,52.05,51.52,51.71,
CPRT,2024-10-28,52.17,52.23,51.63,51.85,
CPRT,2024-10-29,51.52,52.48,51.52,52.18,
CPRT,2024-10-30,52.05,52.52,51.95,52.32,
CPRT,2024-10-31,51.47,51.47,51.455,51.47,
CPRT,2024-11-01,51.07,51.88,51.07,51.49,
CPRT,2024-11-04,51.46,52.47,51.455,52.445,
CPRT,2024-11-05,52.66,53.44,52.58,52.89,
CPRT,2024-11-06,54.49,55.53,54.23,55.43,
CPRT,2024-11-07,55.53,56.195,55.43,55.77,
CPRT,2024-11-08,55.87,56.57,55.8,56.13,
CPRT,2024-11-11,56.24,56.99,56.24,56.745,
CPRT,2024-11-12,56.87,57.24,56.515,57.17,
CPRT,2024-11-13,57.18,58.075,57.05,57.91,
CPRT,2024-11-14,57.57,58.16,57.29,57.34,
CPRT,2024-11-15,57.2,57.36,56.455,56.67,
CPRT,2024-11-18,56.87,57.085,56.54,56.63,
CPRT,2024-11-19,56.46,56.92,56.17,56.52,
CPRT,2024-11-20,56.37,56.7,55.135,55.42,
CPRT,2024-11-21,55.94,57.17,55.34,56.9,
CPRT,2024-11-22,59.82,62.9,59.0501,62.7,
CPRT,2024-11-25,63.37,64.1925,63.03,63.75,
CPRT,2024-11-26,63.75,64.19,63.37,63.8,
CPRT,2024-11-27,64.225,64.38,63.43,63.51,
CPRT,2024-11-29,63.75,64.06,63.36,63.39,
CPRT,2024-12-02,63.32,63.39,61.93,62.02,
CPRT,2024-12-03,62.12,62.36,61.56,62.24,
CPRT,2024-12-04,62.15,63.24,62.04,62.97,
CPRT,2024-12-05,62.69,62.7,61.74,61.91,
CPRT,2024-12-06,62.31,62.43,61.708,62.08,
CPRT,2024-12-09,62.01,62.4,61.36,61.77,
CPRT,2025-01-27,56.99,57.7,56.783,57.63,
CPRT,2025-01-28,57.75,58.185,57.24,57.31,
CPRT,2025-01-29,57.35,57.55,57.07,57.32,
CPRT,2025-01-30,57.87,58.63,57.67,58.56,
CPRT,2025-01-31,58.56,58.7591,57.8,57.93,
CPRT,2025-02-03,57.3805,58.05,56.81,57.76,
CPRT,2025-02-04,57.75,58.05,57.34,57.86,
CPRT,2025-02-05,57.91,58.77,57.84,58.72,
CPRT,2025-02-06,58.91,59.69,58.8746,59.19,
CPRT,2025-02-07,59.4,59.635,57.865,58.21,
CPRT,2025-02-10,58.74,59.03,58.111,58.63,
CPRT,2025-02-11,58.25,59.28,58.25,59.23,
CPRT,2025-02-12,58.48,59.31,58.185,59.02,
CPRT,2025-02-13,59.3,60.0658,59.02,59.83,
CPRT,2025-02-14,60.03,60.03,59.33,59.39,
CPRT,2025-02-18,59.6,59.96,59.09,59.59,
CPRT,2025-02-19,59.73,59.97,59.08,59.74,
CPRT,2025-02-20,59.64,59.97,57.835,58.22,
CPRT,2025-02-21,58.725,58.725,55.78,56.59,
CPRT,2025-02-24,56.805,57.19,56.2,56.75,
CPRT,2025-02-25,56.55,57.7641,56.435,56.78,
CPRT,2025-02-26,56.755,57.18,56.195,56.27,
CPRT,2025-02-27,56.29,56.71,55.08,55.23,
CPRT,2025-02-28,55.45,55.73,54.43,54.77,
CPRT,2025-03-03,54.99,55.805,54.415,54.66,
CPRT,2025-03-04,54.63,54.86,53.82,54.26,
CPRT,2025-03-05,53.98,54.77,53.76,54.39,
CPRT,2025-03-06,53.75,54.46,53.42,53.711,
CPRT,2025-03-07,53.51,53.85,52.5,53.73,
CPRT,2025-03-10,53.46,53.72,52.46,52.82,
CPRT,2025-03-11,53.0,53.41,52.525,52.889,
CPRT,2025-03-12,53.04,53.04,52.445,53.04,
CPRT,2025-03-13,53.04,53.265,52.1503,52.3,
CPRT,2025-03-14,51.965,52.95,51.965,52.62,
CPRT,2025-03-17,52.83,53.835,52.575,53.75,
CPRT,2025-03-18,53.48,53.62,52.381,52.92,
CPRT,2025-03-19,53.13,54.37,53.0,53.88,
CPRT,2025-03-20,53.63,54.13,53.54,53.85,"Asset Management & Auction Services Stocks Q4 Highlights: OPENLANE (NYSE:KAR) As the Q4 earnings season wraps, let’s dig into this quarter’s best and worst performers in the asset management & auction services industry, including OPENLANE (NYSE:KAR) and its peers. Like in other industries, the shift to online platforms can lower transaction costs and improve liquidity for sellers. Increasing digitization, AI-driven pricing analytics, and automation in logistics can enhance efficiency for operators who invest in technology and software. On the other hand, challenges include potential regulatory scrutiny on auction transparency, data privacy concerns with AI-driven valuation models, and shifting environmental policies that could impact the resale market for internal combustion vehicles. Additionally, supply chain volatility in new car production may create unpredictable swings in used vehicle supply, impacting auction volumes. The 4 asset management & auction services stocks we track reported an exceptional Q4. As a group, revenues beat analysts’ consensus estimates by 9.1%. While some asset management & auction services stocks have fared somewhat better than others, they have collectively declined. On average, share prices are down 1.4% since the latest earnings results. Facilitating the sale of approximately 1.3 million used vehicles in 2023, OPENLANE (NYSE:KAR) operates digital marketplaces that connect sellers and buyers of used vehicles across North America and Europe, facilitating wholesale transactions. OPENLANE reported revenues of $455 million, up 12% year on year. This print exceeded analysts’ expectations by 8.2%. Overall, it was a satisfactory quarter for the company with a decent beat of analysts’ EPS estimates but a slight miss of analysts’ full-year EPS guidance estimates. The stock is up 6% since reporting and currently trades at $21.25. Is now the time to buy OPENLANE? Access our full analysis of the earnings results here, it’s free. Powering what it calls the ""circular economy"" with over 5.5 million registered buyers across its platforms, Liquidity Services (NASDAQ:LQDT) operates online marketplaces that connect buyers and sellers of surplus assets, from consumer returns to industrial equipment to government property. Liquidity Services reported revenues of $122.3 million, up 71.5% year on year, outperforming analysts’ expectations by 16.1%. The business had an incredible quarter with an impressive beat of analysts’ EPS estimates. Liquidity Services scored the biggest analyst estimates beat and fastest revenue growth among its peers. Although it had a fine quarter compared its peers, the market seems unhappy with the results as the stock is down 7% since reporting. It currently trades at $30.47. Is now the time to buy Liquidity Services? Access our full analysis of the earnings results here, it’s free. Starting as a single salvage yard in California in 1982, Copart (NASDAQ:CPRT) operates an online auction platform that connects sellers of damaged and salvage vehicles with buyers ranging from dismantlers and rebuilders to used car dealers and exporters. Copart reported revenues of $1.16 billion, up 14% year on year, exceeding analysts’ expectations by 4.2%. It may have had the worst quarter among its peers, but its results were still good as it also locked in a decent beat of analysts’ EPS estimates. Copart delivered the weakest performance against analyst estimates in the group. As expected, the stock is down 7.3% since the results and currently trades at $53.90. Read our full analysis of Copart’s results here. Born from the 1958 founding of Ritchie Bros. Auctioneers and rebranded in 2023, RB Global (NYSE:RBA) operates global marketplaces that connect buyers and sellers of commercial assets, vehicles, and equipment across multiple industries. RB Global reported revenues of $1.14 billion, up 9.7% year on year. This result surpassed analysts’ expectations by 7.9%. It was an incredible quarter as it also put up an impressive beat of analysts’ EPS estimates. RB Global had the slowest revenue growth among its peers. The stock is up 2.8% since reporting and currently trades at $99.23. Read our full, actionable report on RB Global here, it’s free. Want to invest in winners with rock-solid fundamentals? Check out our Hidden Gem Stocks and add them to your watchlist. These companies are poised for growth regardless of the political or macroeconomic climate. Join Paid Stock Investor Research Help us make StockStory more helpful to investors like yourself. Join our paid user research session and receive a $50 Amazon gift card for your opinions. Sign up here."
CPRT,2025-03-21,53.21,53.97,53.065,53.63,
CPRT,2025-03-24,54.6,55.26,54.34,55.06,
CPRT,2025-03-25,55.26,55.72,55.12,55.59,
CPRT,2025-03-26,55.78,56.1057,54.97,55.07,
CPRT,2025-03-27,55.09,55.795,54.27,55.64,
CPRT,2025-03-28,55.4,55.72,54.87,55.15,
CPRT,2025-03-31,55.0,56.99,54.72,56.59,
CPRT,2025-04-01,56.2,57.3,55.84,57.21,
CPRT,2025-04-02,56.59,58.14,56.58,57.47,
CPRT,2025-04-03,55.68,57.39,55.68,56.651,
CPRT,2025-04-04,56.64,56.64,54.46,54.51,
CPRT,2025-04-07,53.51,55.88,52.24,54.22,
CPRT,2025-04-08,55.13,56.22,53.935,54.65,
CPRT,2025-04-09,54.335,58.97,54.1,58.46,
CPRT,2025-04-10,57.98,58.91,56.29,58.64,
CPRT,2025-04-11,58.98,60.306,58.53,59.84,
CPRT,2025-04-14,60.26,60.49,59.31,59.83,
CPRT,2025-04-15,59.95,60.72,59.86,60.45,
CPRT,2025-04-16,60.25,60.68,58.97,59.44,
CPRT,2025-04-17,59.64,60.31,59.45,59.65,
CPRT,2025-04-21,59.45,59.56,58.055,58.73,
CPRT,2025-04-22,59.22,60.56,59.125,60.41,
CPRT,2025-04-23,61.215,61.95,60.63,61.06,
CPRT,2025-04-24,61.2,62.09,60.6,61.97,
CPRT,2025-04-25,61.94,61.94,60.5,60.9,
CPRT,2025-04-28,60.88,61.08,59.25,59.79,"1 Profitable Stock with Impressive Fundamentals and 2 to Steer Clear Of While profitability is essential, it doesn’t guarantee long-term success. Some companies that rest on their margins will lose ground as competition intensifies - as Jeff Bezos said, ""Your margin is my opportunity"". Not all profitable companies are created equal, and that’s why we built StockStory - to help you find the ones that truly shine bright. Keeping that in mind, here is one profitable company that leverages its financial strength to beat the competition and two that may face some trouble. Trailing 12-Month GAAP Operating Margin: 5.1% Formerly known as Brunswick-Balke-Collender Company, Brunswick (NYSE: BC) is a designer and manufacturer of recreational marine products, including boats, engines, and marine parts. Why Do We Avoid BC? At $46.70 per share, Brunswick trades at 10.7x forward price-to-earnings. If you’re considering BC for your portfolio, see our FREE research report to learn more. Trailing 12-Month GAAP Operating Margin: 23.8% Founded in 1983 and named after a pioneering vascular surgeon, LeMaitre Vascular (NASDAQGM:LMAT) develops and manufactures specialized medical devices used by vascular surgeons to treat peripheral vascular disease and other circulatory conditions. Why Does LMAT Give Us Pause? LeMaitre is trading at $91.57 per share, or 42.3x forward price-to-earnings. To fully understand why you should be careful with LMAT, check out our full research report (it’s free). Trailing 12-Month GAAP Operating Margin: 36.2% Starting as a single salvage yard in California in 1982, Copart (NASDAQ:CPRT) operates an online auction platform that connects sellers of damaged and salvage vehicles with buyers ranging from dismantlers and rebuilders to used car dealers and exporters. Why Will CPRT Outperform? Copart’s stock price of $60.50 implies a valuation ratio of 36.8x forward price-to-earnings. Is now a good time to buy? See for yourself in our full research report, it’s free. Donald Trump’s victory in the 2024 U.S. Presidential Election sent major indices to all-time highs, but stocks have retraced as investors debate the health of the economy and the potential impact of tariffs. While this leaves much uncertainty around 2025, a few companies are poised for long-term gains regardless of the political or macroeconomic climate, like our Top 6 Stocks for this week. This is a curated list of our High Quality stocks that have generated a market-beating return of 175% over the last five years. Stocks that made our list in 2019 include now familiar names such as Nvidia (+2,183% between December 2019 and December 2024) as well as under-the-radar businesses like Comfort Systems (+751% five-year return). Find your next big winner with StockStory today for free."
CPRT,2025-04-29,59.53,60.6,59.5,60.51,
CPRT,2025-04-30,60.075,61.19,59.455,61.03,
CPRT,2025-05-01,60.76,61.19,60.06,60.5,
CPRT,2025-05-02,60.99,61.735,60.48,61.22,
CPRT,2025-05-05,61.14,61.41,60.65,61.05,
CPRT,2025-05-06,60.63,60.98,60.36,60.8,
CPRT,2025-05-07,60.94,61.73,60.83,61.24,
CPRT,2025-05-08,61.525,62.3489,61.225,61.78,
CPRT,2025-05-09,61.82,61.855,61.22,61.52,
CPRT,2025-05-12,62.66,62.66,61.375,62.16,
CPRT,2025-05-13,62.33,62.93,62.04,62.39,
CPRT,2025-05-14,62.11,62.54,61.655,62.42,
CPRT,2025-05-15,62.465,63.07,62.24,62.97,
CPRT,2025-05-16,63.48,63.85,62.74,63.84,
CPRT,2025-05-19,63.46,63.765,63.2,63.43,"1 Unpopular Stock that Deserves a Second Chance and 2 to Be Wary Of Wall Street has issued downbeat forecasts for the stocks in this article. These predictions are rare - financial institutions typically hesitate to say bad things about a company because it can jeopardize their other revenue-generating business lines like M&A advisory. At StockStory, we look beyond the headlines with our independent analysis to determine whether these bearish calls are justified. Keeping that in mind, here is one stock where Wall Street’s pessimism is creating a buying opportunity and two facing legitimate challenges. Consensus Price Target: $142.96 (3.5% implied return) Originally founded as a Wisconsin paper mill in 1872, Kimberly-Clark (NYSE:KMB) is now a household products powerhouse known for personal care and tissue products. Why Does KMB Fall Short? Kimberly-Clark’s stock price of $138.10 implies a valuation ratio of 18.3x forward P/E. Dive into our free research report to see why there are better opportunities than KMB. Consensus Price Target: $27.70 (0.3% implied return) Protecting everything from schools to government facilities since 1969, Napco Security Technologies (NASDAQ:NSSC) manufactures electronic security devices, access control systems, and communication services for intrusion and fire alarm systems. Why Are We Wary of NSSC? Napco is trading at $27.63 per share, or 23.8x forward P/E. Check out our free in-depth research report to learn more about why NSSC doesn’t pass our bar. Consensus Price Target: $61.89 (-1.8% implied return) Starting as a single salvage yard in California in 1982, Copart (NASDAQ:CPRT) operates an online auction platform that connects sellers of damaged and salvage vehicles with buyers ranging from dismantlers and rebuilders to used car dealers and exporters. Why Do We Love CPRT? At $63 per share, Copart trades at 38.5x forward P/E. Is now the time to initiate a position? See for yourself in our full research report, it’s free. Donald Trump’s victory in the 2024 U.S. Presidential Election sent major indices to all-time highs, but stocks have retraced as investors debate the health of the economy and the potential impact of tariffs. While this leaves much uncertainty around 2025, a few companies are poised for long-term gains regardless of the political or macroeconomic climate, like our Top 5 Strong Momentum Stocks for this week. This is a curated list of our High Quality stocks that have generated a market-beating return of 176% over the last five years. Stocks that made our list in 2020 include now familiar names such as Nvidia (+1,545% between March 2020 and March 2025) as well as under-the-radar businesses like the once-micro-cap company Tecnoglass (+1,754% five-year return). Find your next big winner with StockStory today for free."
CPRT,2025-05-20,63.09,63.3,61.415,61.62,
CPRT,2025-05-21,61.255,61.66,60.88,61.09,
CPRT,2025-05-22,60.975,61.235,60.39,60.66,"[""Will Copart (CPRT) Benefit from Increased Vehicle Complexity? Renaissance Investment Management, an investment management company, released its Q1 2025 \u201cLarge Cap Growth Strategy\u201d investor letter. A copy of the letter can be downloaded here. The S&P 500 experienced a 4.3% loss in Q1 due to uncertainty in technology stock valuations and US economic policies. However, seven sectors showed positive returns, with Energy, Health Care, and Utilities sectors showing the strongest performance. The S&P 500 has not experienced a significant correction since 2023, which can be expected to occur every couple of years. However, there are still good investment opportunities in high-quality, reasonably priced stocks that have not matched concentrated market indices. The S&P 500 (-4.3%) and Russell 1000 Growth Index (-10%) declined in Q1, with large-cap stocks outperforming smaller-cap stocks and Value outperforming Growth. For the quarter, the strategy exceeded the Russell 1000 Growth benchmark and lagged the S&P 500. For more information on the fund\u2019s best picks in 2025, please check its top five holdings. In its first-quarter 2025 investor letter, Renaissance Large Cap Growth Strategy highlighted stocks such as Copart, Inc. (NASDAQ:CPRT). Copart, Inc. (NASDAQ:CPRT) is an online auction and vehicle remarketing services providing company. The one-month return of Copart, Inc. (NASDAQ:CPRT) was -1.42%, and its shares gained 14.14% of their value over the last 52 weeks. On May 21, 2025, Copart, Inc. (NASDAQ:CPRT) stock closed at $61.09 per share, with a market capitalization of $59.019 billion. Renaissance Large Cap Growth Strategy stated the following regarding Copart, Inc. (NASDAQ:CPRT) in its Q1 2025 investor letter: A busy car auction being held at a leading car dealership, buyers and sellers engaging in active bidding. Copart, Inc. (NASDAQ:CPRT) is not on our list of 30 Most Popular Stocks Among Hedge Funds. As per our database, 53 hedge fund portfolios held Copart, Inc. (NASDAQ:CPRT) at the end of the fourth quarter, compared to 48 in the third quarter. While we acknowledge the potential of Copart, Inc. (NASDAQ:CPRT) as an investment, our conviction lies in the belief that AI stocks hold greater promise for delivering higher returns, and doing so within a shorter timeframe. If you are looking for an AI stock that is as promising as NVIDIA but that trades at less than 5 times its earnings, check out our report about the undervalued AI stock set for massive gains. In another article, we covered Copart, Inc. (NASDAQ:CPRT) and shared the list of best counter cyclical stocks to buy according to analysts. In addition, please check out our hedge fund investor letters Q1 2025 page for more investor letters from hedge funds and other leading investors. READ NEXT: Michael Burry Is Selling These Stocks and A New Dawn Is Coming to US Stocks. Disclosure: None. This article is originally published at Insider Monkey."", ""Billionaire Jamie Dimon Still Believes America Is Worth Investing In, Despite Trump Tariffs and Market Fluctuations. Should You Buy These 3 U.S. Stocks in 2025? Jamie Dimon has some scary things to say about the economy and the stock market, but his comments should be taken in context. In the event that there are storms brewing on the horizon, investors will appreciate the dependability of these three U.S. stocks. 10 stocks we like better than AutoZone \u203a On May 19, JPMorgan Chase had an investor-day presentation and billionaire CEO Jamie Dimon had a lot to say about the economy, global trade, and investing. And much of it sounded negative. During the presentation, Dimon brought up the subject of U.S. stagflation -- the dreaded combination of ongoing inflation and economic recession at the same time. Policymakers generally try to keep inflation low and economic growth high. When they intervene, it usually sacrifices one to benefit the other. But when both inflation and growth are moving in the wrong direction, it leaves them with little options to improve the economy. Dimon also essentially said that U.S. stocks were overvalued and perhaps due for a 10% decline. The billionaire CEO is looking at the market's valuation compared to its future earnings estimates (known as the forward price-to-earnings ratio), which is already high right now. But Dimon believes economic conditions are deteriorating, partially because of trade tariffs, and that earnings estimates are consequently too optimistic. As estimates come down, the stock market could drop. There was plenty more that Dimon said, and it can certainly sound alarming. But keep in mind that these comments aren't wildly different from comments that he made just a week ago to Bloomberg. And during that interview, he was undeterred in his belief in the long-term potential of U.S. stocks. In fact, Dimon said, \""If you were to take all of your money and put it in one country, it would still be America.\"" In light of those comments, here are three of the most resilient publicly traded U.S. stocks there are. All three should be top considerations for 2025, especially if the market does have the 10% pullback that Dimon thinks could happen. When it comes to the auto parts retail chain space, I'm personally invested in Advance Auto Parts as a (risky) turnaround opportunity. But bigger rival Autozone (NYSE: AZO) needs no turnaround. Even though the S&P 500 index has doubled in the last five years, Autozone stock left the S&P 500 in its dust with a better than 250% five-year return, thanks to its consistently solid execution. If you're only looking for top-line growth, Autozone is sure to disappoint -- the company finished the first half of its fiscal 2025 on Feb. 15, with first-half net sales only increasing 2% from the same period of its fiscal 2024. But this is a rare case when a stock can perform well without much growth. And it's thanks to its incredible return on invested capital (ROIC). The short explanation is that when companies invest money but make back more than they invested, that leads to a positive ROIC. For Autozone, it's averaged a greater than 50% ROIC over the last decade, which is stellar and lands it among the very best companies in the world. In other words, when Autozone spends money to improve its business, it doesn't mess around. This means that the company is usually cash-rich and it frequently uses this to buy back stock and boost shareholder value. Autozone's share count is down 28% over the last five years, which plays a big part in its market-beating performance. With resilient sales, strong ROIC, and a relentless stock buyback program, Autozone is a U.S. stock that can keep climbing for years to come. Over the last 10 years, shares of Casella Waste Systems (NASDAQ: CWST) are up nearly 2,000%, making it one of the very best investments of the past decade. The company has residential and commercial contracts in place to take trash to landfills and recycling facilities. And it has practically zero exposure to anything outside of the U.S. Regardless of stagflation, tariffs, or downward stock market conditions today, Casella Waste Systems will still be needed to pick up the trash tomorrow morning. The threat of competition in this business is low -- players tend to have localized monopolies. And over time, contracts get renegotiated to account for things such as inflation, which sends the top line higher. One of the benefits of investing in Casella Waste Systems stock instead of some other players in the space is its smaller size. It frequently makes acquisitions, and it doesn't take much to move the needle. For example, in October Casella Waste Systems acquired Royal, which was a small player surrounded by Casella in nearby markets. Not only does this help Casella consolidate operations in the region, it added roughly $90 million in annualized revenue. Considering it only has $1.6 billion in trailing-12-month revenue, that's a small yet still meaningful acquisition. Casella makes multiple acquisitions like this every year, contributing to its strong long-term stock performance. And I think this is a U.S. stock that can perform well from here. Finally, Copart (NASDAQ: CPRT) is one of the best U.S. businesses that most people have never heard of. It's not an exclusively American business -- 18% of its fiscal 2024 revenue was generated in international markets. But most revenue is from the U.S. and it's headquartered in Dallas. And more importantly, it's a consistent business that can stabilize a portfolio in volatile times. When disaster strikes, Copart works with insurance companies to get vehicles hauled and auctioned off. But in this process, the company has dozens of other services it provides and which pad its profit margins. The first half of its fiscal 2025 ended on Jan. 31 and its net-profit margin for this period was 32% -- that's almost unheard of. Copart's growth is slow when merely looking at the number of vehicles that it has. In the second quarter of its fiscal 2025, there was only about an 8% year-over-year increase in units sold. But revenue was up a more robust 14% thanks to the adoption of its other services. For example, its buyers increasingly rely on it for title services, outsourcing a job they had once done in-house. Increased adoption of services such as these can keep driving the top line higher. In closing, I wouldn't say that any of these three stocks are necessarily bargains right now -- all three trade toward the higher ends of their historical valuations. That said, this is a reliable trio in uncertain times, which counts for something. If I were looking for the best bargain of the bunch, I'd likely choose Casella Waste Systems over Autozone and Copart. It trades at roughly 4 times sales and only about 10% above its five-year average. That said, I wouldn't get too caught up with valuation for these three. These businesses have created a lot of shareholder value over the years and will likely continue to do so for investors who hold long enough. Before you buy stock in AutoZone, consider this: The Motley Fool Stock Advisor analyst team just identified what they believe are the 10 best stocks for investors to buy now\u2026 and AutoZone wasn\u2019t one of them. The 10 stocks that made the cut could produce monster returns in the coming years. Consider when Netflix made this list on December 17, 2004... if you invested $1,000 at the time of our recommendation, you\u2019d have $642,582!* Or when Nvidia made this list on April 15, 2005... if you invested $1,000 at the time of our recommendation, you\u2019d have $829,879!* Now, it\u2019s worth noting Stock Advisor\u2019s total average return is 975% \u2014 a market-crushing outperformance compared to 172% for the S&P 500. Don\u2019t miss out on the latest top 10 list, available when you join Stock Advisor. See the 10 stocks \u00bb *Stock Advisor returns as of May 19, 2025 JPMorgan Chase is an advertising partner of Motley Fool Money. Jon Quast has positions in Advance Auto Parts. The Motley Fool has positions in and recommends Copart and JPMorgan Chase. The Motley Fool has a disclosure policy. Billionaire Jamie Dimon Still Believes America Is Worth Investing In, Despite Trump Tariffs and Market Fluctuations. Should You Buy These 3 U.S. Stocks in 2025? was originally published by The Motley Fool""]"
CPRT,2025-05-23,57.44,58.068,53.33,53.67,"[""BNP Paribas Exane Lowers Price Target on Copart to $66 From $69, Maintains Outperform Rating Copart (CPRT) has an average rating of overweight and mean price target of $62.17, according to anal"", ""Copart Reports Third Quarter Fiscal 2025 Financial Results DALLAS, Texas, May 22, 2025--(BUSINESS WIRE)--Copart, Inc. (NASDAQ: CPRT) today reported financial results for the quarter ended April 30, 2025. For the three months ended April 30, 2025, revenue, gross profit, and net income attributable to Copart, Inc. were $1.2 billion, $552.3 million, and $406.6 million, respectively. These represent an increase in revenue of $84.5 million, or 7.5%; an increase in gross profit of $26.8 million, or 5.1%; and an increase in net income attributable to Copart, Inc. of $24.3 million, or 6.4%, respectively, from the same period last year. Fully diluted earnings per share for three months ended April 30, 2025 was $0.42 compared to $0.39 last year, an increase of 7.7%. For the nine months ended April 30, 2025, revenue, gross profit, and net income attributable to Copart, Inc. were $3.5 billion, $1.6 billion, and $1.2 billion, respectively. These represent an increase in revenue of $354.0 million, or 11.2%; an increase in gross profit of $136.2 million, or 9.4%; and an increase in net income attributable to Copart, Inc. of $115.6 million, or 11.1%, respectively, from the same period last year. Fully diluted earnings per share for the nine months ended April 30, 2025 was $1.18 compared to $1.07 last year, an increase of 10.3%. On Thursday, May 22, 2025, at 5:30 p.m. Eastern Time (4:30 p.m. Central Time), Copart, Inc. will conduct a conference call to discuss the results for the quarter. The call will be webcast live and can be accessed via hyperlink at www.copart.com/investorrelation. A replay of the call will be available through September 2025 by visiting www.copart.com/investorrelation. About Copart Copart, Inc., founded in 1982, is a global leader in online vehicle auctions. Copart\u2019s innovative technology and online auction platform connect vehicle consignors to approximately 1 million members in over 185 countries. Copart offers a comprehensive suite of vehicle remarketing services to insurance companies, financial institutions, dealers, rental car companies, charities, fleet operators, and individuals, and offers vehicles via auction to dealers, dismantlers, rebuilders, exporters, and the general public. With operations at over 250 locations in 11 countries, Copart sold more than 4 million units in the last year. Copart currently operates in the United States (Copart.com), Canada (Copart.ca), the United Kingdom (Copart.co.uk), Brazil (Copart.com.br), the Republic of Ireland (Copart.ie), Germany (Copart.de), Finland (Copart.fi), the United Arab Emirates, Oman and Bahrain (Copartmea.com), and Spain (Copart.es). For more information, or to become a Member, visit Copart.com/register. Cautionary Note About Forward-Looking Statements This press release contains forward-looking statements within the meaning of federal securities laws. These forward-looking statements are subject to substantial risks and uncertainties. These forward-looking statements are subject to certain risks, trends and uncertainties that could cause actual results to differ materially from those projected or implied by our statements and comments. For a more complete discussion of the risks that could affect our business, please review the \""Management\u2019s Discussion and Analysis\"" and the other risks identified in Copart\u2019s latest Annual Report on Form 10-K, Quarterly Reports on Form 10-Q, and Current Reports on Form 8-K, as filed with the Securities and Exchange Commission. We encourage investors to review these disclosures carefully. We do not undertake to update any forward-looking statement that may be made from time to time on our behalf. View source version on businesswire.com: https://www.businesswire.com/news/home/20250522117150/en/ Contacts Copart Investor Relationsinvestor.relations@copart.com"", ""Copart Fiscal Q3 Earnings, Revenue Rise Copart (CPRT) reported fiscal Q3 net income late Thursday of $0.42 per diluted share, up from $0.39"", ""Copart (NASDAQ:CPRT) Reports Sales Below Analyst Estimates In Q1 Earnings Online vehicle auction company Copart (NASDAQ:CPRT) missed Wall Street\u2019s revenue expectations in Q1 CY2025, but sales rose 7.5% year on year to $1.21 billion. Its GAAP profit of $0.42 per share was in line with analysts\u2019 consensus estimates. Is now the time to buy Copart? Find out in our full research report. Revenue: $1.21 billion vs analyst estimates of $1.22 billion (7.5% year-on-year growth, 1% miss) EPS (GAAP): $0.42 vs analyst estimates of $0.42 (in line) Adjusted EBITDA: $501.9 million vs analyst estimates of $525.8 million (41.4% margin, 4.6% miss) Operating Margin: 37.3%, down from 38.8% in the same quarter last year Free Cash Flow Margin: 47.3%, up from 36.2% in the same quarter last year Market Capitalization: $59.02 billion Starting as a single salvage yard in California in 1982, Copart (NASDAQ:CPRT) operates an online auction platform that connects sellers of damaged and salvage vehicles with buyers ranging from dismantlers and rebuilders to used car dealers and exporters. Examining a company\u2019s long-term performance can provide clues about its quality. Even a bad business can shine for one or two quarters, but a top-tier one grows for years. With $4.59 billion in revenue over the past 12 months, Copart is a mid-sized business services company, which sometimes brings disadvantages compared to larger competitors benefiting from better economies of scale. On the bright side, it can still flex high growth rates because it\u2019s working from a smaller revenue base. As you can see below, Copart\u2019s 15.6% annualized revenue growth over the last five years was incredible. This is a great starting point for our analysis because it shows Copart\u2019s demand was higher than many business services companies. We at StockStory place the most emphasis on long-term growth, but within business services, a half-decade historical view may miss recent innovations or disruptive industry trends. Copart\u2019s annualized revenue growth of 10.6% over the last two years is below its five-year trend, but we still think the results suggest healthy demand. We can dig further into the company\u2019s revenue dynamics by analyzing its most important segment, Service. Over the last two years, Copart\u2019s Service revenue (processing and selling cars) averaged 12.9% year-on-year growth. This segment has outperformed its total sales during the same period, lifting the company\u2019s performance. This quarter, Copart\u2019s revenue grew by 7.5% year on year to $1.21 billion, missing Wall Street\u2019s estimates. Looking ahead, sell-side analysts expect revenue to grow 10.4% over the next 12 months, similar to its two-year rate. This projection is admirable and indicates the market is baking in success for its products and services. Software is eating the world and there is virtually no industry left that has been untouched by it. That drives increasing demand for tools helping software developers do their jobs, whether it be monitoring critical cloud infrastructure, integrating audio and video functionality, or ensuring smooth content streaming. Click here to access a free report on our 3 favorite stocks to play this generational megatrend. Copart has been a well-oiled machine over the last five years. It demonstrated elite profitability for a business services business, boasting an average operating margin of 38.5%. Analyzing the trend in its profitability, Copart\u2019s operating margin decreased by 6.3 percentage points over the last five years. This raises questions about the company\u2019s expense base because its revenue growth should have given it leverage on its fixed costs, resulting in better economies of scale and profitability. This quarter, Copart generated an operating profit margin of 37.3%, down 1.5 percentage points year on year. This reduction is quite minuscule and indicates the company\u2019s overall cost structure has been relatively stable. Revenue trends explain a company\u2019s historical growth, but the long-term change in earnings per share (EPS) points to the profitability of that growth \u2013 for example, a company could inflate its sales through excessive spending on advertising and promotions. Copart\u2019s astounding 16.1% annual EPS growth over the last five years aligns with its revenue performance. This tells us it maintained its per-share profitability as it expanded. In Q1, Copart reported EPS at $0.42, up from $0.39 in the same quarter last year. This print was close to analysts\u2019 estimates. Over the next 12 months, Wall Street expects Copart\u2019s full-year EPS of $1.52 to grow 12.9%. We struggled to find many positives in these results. Overall, this was a weaker quarter. The stock traded down 3.8% to $58.33 immediately following the results. Copart may have had a tough quarter, but does that actually create an opportunity to invest right now? If you\u2019re making that decision, you should consider the bigger picture of valuation, business qualities, as well as the latest earnings. We cover that in our actionable full research report which you can read here, it\u2019s free."", ""JPMorgan Adjusts Price Target on Copart to $55 From $60, Maintains Neutral Rating Copart (CPRT) has an average rating of overweight and mean price target of $62.17, according to anal"", ""Copart, Inc. (CPRT) Matches Q3 Earnings Estimates Copart, Inc. (CPRT) came out with quarterly earnings of $0.42 per share, in line with the Zacks Consensus Estimate. This compares to earnings of $0.39 per share a year ago. These figures are adjusted for non-recurring items. A quarter ago, it was expected that this company would post earnings of $0.38 per share when it actually produced earnings of $0.40, delivering a surprise of 5.26%. Over the last four quarters, the company has surpassed consensus EPS estimates just once. Copart , which belongs to the Zacks Auction and Valuation Services industry, posted revenues of $1.21 billion for the quarter ended April 2025, missing the Zacks Consensus Estimate by 2.50%. This compares to year-ago revenues of $1.13 billion. The company has topped consensus revenue estimates three times over the last four quarters. The sustainability of the stock's immediate price movement based on the recently-released numbers and future earnings expectations will mostly depend on management's commentary on the earnings call. Copart shares have added about 6.5% since the beginning of the year versus the S&P 500's decline of -0.6%. While Copart has outperformed the market so far this year, the question that comes to investors' minds is: what's next for the stock? There are no easy answers to this key question, but one reliable measure that can help investors address this is the company's earnings outlook. Not only does this include current consensus earnings expectations for the coming quarter(s), but also how these expectations have changed lately. Empirical research shows a strong correlation between near-term stock movements and trends in earnings estimate revisions. Investors can track such revisions by themselves or rely on a tried-and-tested rating tool like the Zacks Rank, which has an impressive track record of harnessing the power of earnings estimate revisions. Ahead of this earnings release, the estimate revisions trend for Copart: mixed. While the magnitude and direction of estimate revisions could change following the company's just-released earnings report, the current status translates into a Zacks Rank #3 (Hold) for the stock. So, the shares are expected to perform in line with the market in the near future. You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here. It will be interesting to see how estimates for the coming quarters and current fiscal year change in the days ahead. The current consensus EPS estimate is $0.40 on $1.2 billion in revenues for the coming quarter and $1.58 on $4.74 billion in revenues for the current fiscal year. Investors should be mindful of the fact that the outlook for the industry can have a material impact on the performance of the stock as well. In terms of the Zacks Industry Rank, Auction and Valuation Services is currently in the top 37% of the 250 plus Zacks industries. Our research shows that the top 50% of the Zacks-ranked industries outperform the bottom 50% by a factor of more than 2 to 1. Another stock from the broader Zacks Business Services sector, Concrete Pumping (BBCP), has yet to report results for the quarter ended April 2025. This company is expected to post quarterly earnings of $0.03 per share in its upcoming report, which represents a year-over-year change of -40%. The consensus EPS estimate for the quarter has remained unchanged over the last 30 days. Concrete Pumping's revenues are expected to be $98.3 million, down 8.2% from the year-ago quarter. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Copart, Inc. (CPRT) : Free Stock Analysis Report CONCRETE PUMPING HOLDINGS, INC. (BBCP) : Free Stock Analysis Report This article originally published on Zacks Investment Research (zacks.com). Zacks Investment Research"", ""Copart's Q3 Earnings In Line With Estimates But Sales Miss Copart, Inc. CPRT reported third-quarter fiscal 2025 (ended April 30, 2025) adjusted earnings per share of 42 cents, which came in line with the Zacks Consensus Estimate. The bottom line increased 7.7% year over year. The online auto auction leader generated revenues of $1.21 billion, lagging the Zacks Consensus Estimate of $1.24 billion. The top line, however, rose 7.5% from the year-ago reported figure. CPRT currently carries a Zacks Rank #3 (Hold). You can see the complete list of today\u2019s Zacks #1 Rank (Strong Buy) stocks here. Copart, Inc. price-consensus-eps-surprise-chart | Copart, Inc. Quote Copart\u2019s fiscal third-quarter service revenues came in at $1.03 billion, which increased from $946.6 million recorded in the year-ago period but missed the Zacks Consensus Estimate of $1.06 billion. Service revenues accounted for 85.4% of total revenues. While U.S. service revenues increased 8% year on year, international service revenues grew 18%. Vehicle sales totaled $176.8 million in the quarter, which declined from the prior-year quarter\u2019s $180.6 million and fell short of the Zacks Consensus Estimate of $187 million. While sales in the United States surged 22%, international revenues from this business declined 25%. (Find the latest earnings estimates and surprises on Zacks Earnings Calendar.) While facility operations expenses rose 12.3% year over year to $439.4 million, the cost of vehicle sales rose 4.2% to $169.7 million. Facility depreciation and amortization came in at $48.16 million, up 5.2% year over year. Facility stock-based compensation increased 18.6% to $2.15 million. Gross profit was up 5.1% year over year to $552 million. General and administrative expenses rose 14.8% from the prior-year quarter to $87.4 million. Total operating expenses rose 10.2% to $760 million. Operating income rose to $451.5 million from $437.2 million recorded in the year-ago quarter. Net income also grew 6.1% year over year to $405.3 million. Copart had cash, cash equivalents and restricted cash of $2.36 billion as of April 30, 2025, compared with $1.5 billion as of July 31, 2024. Net cash from operating activities and capex during the quarter under discussion totaled $1.36 billion and $481.3 million, respectively. Although global insurance volumes were essentially flat year over year, total loss frequency in the United States rose to 22.8% in the first calendar quarter of 2025\u2014up about 100 basis points from the prior year\u2014driven by increasing vehicle complexity and repair costs. This trend benefits Copart\u2019s business model, as a higher total loss rate leads to more salvage vehicles, a key driver of its revenues. Management highlighted ongoing investments in storage capacity, technology, and operations to stay prepared for both everyday needs and storm-related surges. In the long term, rising total loss frequency should support growth, though near-term volumes may be affected by economic factors like more uninsured or underinsured drivers. ACV Auctions Inc. ACVA released its first-quarter 2025 results on May 7. It came out with quarterly earnings of 4 cents per share, which beat the Zacks Consensus Estimate of 2 cents per share. This compares to break-even earnings per share a year ago. Over the last four quarters, the company surpassed EPS estimates twice and matched on the other two occasions. ACV Auctions posted revenues of $182.7 million for the quarter ended March 2025, surpassing the Zacks Consensus Estimate by 0.16%. This compares to year-ago revenues of $145.69 million. For the second quarter, the company expects revenues and adjusted EBITDA in the band of $193-$198 million and $18-$20 million. ACV Auctions forecasts full-year 2025 sales to increase 20-23% year over year. RB Global, Inc. RBA released its first-quarter 2025 results on May 7. It came out with quarterly earnings of 89 cents per share, beating the Zacks Consensus Estimate of 86 cents per share. This compares to earnings of 90 cents per share a year ago. The company surpassed EPS estimates in each of the trailing four quarters. RB Global posted revenues of $1.11 billion for the quarter ended March 2025, surpassing the Zacks Consensus Estimate by 9.03%. This compares to year-ago revenues of $1.06 billion. RB Global\u2019s deal to acquire J.M. Wood Auction for roughly $235 million is expected to be closed in the second or third quarter of 2025. RBA declared a quarterly cash dividend of 29 cents/share to be paid on June 20, 2025, to shareholders as of May 29, 2025. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Copart, Inc. (CPRT) : Free Stock Analysis Report RB Global, Inc. (RBA) : Free Stock Analysis Report ACV Auctions Inc. (ACVA) : Free Stock Analysis Report This article originally published on Zacks Investment Research (zacks.com). Zacks Investment Research"", ""Copart Inc (CPRT) Q3 2025 Earnings Call Highlights: Strong Revenue Growth Amid Market Challenges Global Revenue: Increased to $1.2 billion. Global Service Revenue: Increased by nearly $88 million or over 9% from the third quarter of '24. US Service Revenue Growth: 8% for the quarter, 7% excluding CAT units. International Service Revenue Growth: Approximately 18%. Global Purchased Vehicle Sales: Decreased approximately 2%. US Purchased Vehicle Revenue: Increased by about $20 million or 22%. US Purchased Vehicle Gross Profit: Decreased by $13 million or about 187%. International Purchased Vehicle Revenue: Decreased by over $23 million or 25%. International Purchased Vehicle Gross Profit: Increased by over $2 million or about 22%. Global Gross Profit: Approximately $552 million, an increase of $27 million or about 5%. Gross Margin Percentage: 46% for the quarter. US Gross Profit: Approximately $480 million, an increase of about 3%. US Gross Margin: About 48% for the quarter. International Gross Profit: Approximately $73 million, an increase of about 26%. International Gross Margin: About 35% in the quarter. GAAP Operating Income: Increased over 3% to approximately $452 million. GAAP Net Income: Increased by over 6% to $407 million or $0.42 per diluted common share. Liquidity: Over $5.6 billion, including nearly $4.4 billion in cash. Release Date: May 22, 2025 For the complete transcript of the earnings call, please refer to the full earnings call transcript. Copart Inc (NASDAQ:CPRT) reported a global revenue increase to $1.2 billion, with global service revenue rising over 9% from the previous year. The company observed a 1% increase in global unit sales, with a more than 2% increase on a per business day basis. Copart Inc (NASDAQ:CPRT) continues to invest in real estate, infrastructure, technology, and operational readiness, exemplified by the acquisition of Hall Ranch in South Florida for vehicle storage. The company's Blue Car service, which caters to bank, rental, and fleet partners, showed strong year-over-year growth of almost 14%. International segment unit sales grew by 6%, with fee units increasing by 9%, indicating strong performance outside the US market. Global insurance volume remained relatively flat year-over-year, with a nominal decline of 0.3% globally and 0.9% in the United States. US insurance unit volume decreased close to 1% year-over-year, reflecting challenges in the domestic insurance market. The company observed softness in the heavy equipment auction space due to uncertainty regarding infrastructure spending and tariffs. Global purchased vehicle sales for the third quarter decreased by approximately 2%, with a decrease in global purchased vehicle gross profit. The company faces cyclical challenges with an increasing rate of uninsured and underinsured drivers, impacting insurance volumes. Q: How does Copart view its land assets, and are there benefits for Blue Car or Whole Car customers with the shift to digital auctions? A: Jeffrey Liaw, CEO, explained that physical storage and logistics are essential to Copart's value proposition for sellers, including insurance companies and Blue Car partners. While digital platforms are important, physical storage remains crucial, especially for insurance processes. The difficulty in procuring storage space underscores its importance for Copart's long-term service offerings. Q: Can you elaborate on the shift of insured motorists and its impact on volumes? A: Liaw noted that insurance coverage tends to be cyclical, with current trends showing a decrease in coverage due to economic pressures. This mirrors past cycles, such as during the 2008 financial crisis. Despite this, Copart expects these trends to reverse over time, as they have historically. Q: What has Copart learned from its partnership with Purple Wave, and how does it plan to invest in this business? A: Liaw stated that the partnership with Purple Wave was based on both its standalone investment potential and strategic fit with Copart. Despite current market uncertainties affecting growth, Copart values Purple Wave's expertise in equipment auctions and sees mutual benefits in the partnership. Q: How do tariffs and trade policies impact Copart's business? A: Liaw highlighted that tariffs create uncertainty, particularly affecting parts costs and repair economics for insurance companies. While tariffs may increase repair costs, they could also raise salvage returns. The situation is dynamic, and Copart is monitoring developments closely. Q: What are the trends in G&A spending, and is the current level a new baseline? A: Leah Stearns, CFO, explained that the increase in G&A spending is primarily due to investments in Purple Wave's sales force and platform services. While not providing specific guidance, Stearns emphasized that G&A investments are made with an eye on achieving tangible returns. For the complete transcript of the earnings call, please refer to the full earnings call transcript. This article first appeared on GuruFocus.""]"
CPRT,2025-05-27,54.31,54.35,52.51,52.82,
CPRT,2025-05-28,52.82,53.09,51.99,52.05,"CPRT Q1 Earnings Call: Revenue Miss, Margin Pressures, and Market Cycle Headwinds Online vehicle auction company Copart (NASDAQ:CPRT) fell short of the market’s revenue expectations in Q1 CY2025, but sales rose 7.5% year on year to $1.21 billion. Its non-GAAP profit of $0.42 per share was in line with analysts’ consensus estimates. Is now the time to buy CPRT? Find out in our full research report (it’s free). Operating Margin: 37.3%, down from 38.8% in the same quarter last year Market Capitalization: $51.03 billion Copart’s first quarter results reflected mixed underlying trends in its core insurance auction business and adjacent segments. Management highlighted that global insurance volumes were essentially flat, with U.S. insurance unit sales declining slightly year over year, primarily due to an increase in uninsured and underinsured drivers. CEO Jeff Liaw explained that this trend has cyclical roots tied to inflation and lagging insurance rate adjustments, which have led many drivers to reduce coverage or forgo insurance altogether. In contrast, non-insurance segments like BlueCar, serving bank and fleet partners, and dealer sales posted double-digit and moderate growth, respectively. The company also noted continued growth in average selling prices (ASPs) and emphasized investments in operational capacity and real estate infrastructure to support future demand and storm season readiness. Looking forward, Copart’s management is focused on navigating a complex environment shaped by ongoing shifts in vehicle insurance coverage, evolving regulatory landscapes, and the impact of tariffs on vehicle parts pricing. Jeff Liaw indicated that higher repair costs, due to tariffs and rising parts prices, could make total loss settlements more attractive for insurers, potentially benefiting Copart’s auction volumes. However, CFO Leah Stearns cautioned that inventory levels have declined, which can signal near-term headwinds for unit sales. Management also pointed to continued investments in technology and operational improvements, such as the expansion of Title Express, as key factors to drive efficiency and support long-term growth. The company remains watchful of legislative changes affecting storage fees and total loss thresholds, which could materially affect its business model. Management attributed the quarter’s performance to cyclical insurance market shifts, growth in non-insurance segments, and investments in operational readiness. Insurance unit softness: U.S. insurance unit volumes were flat to slightly down, as management highlighted a cyclical increase in uninsured and underinsured drivers, reducing the flow of vehicles into traditional insurance auction channels. BlueCar and dealer segment growth: Copart’s BlueCar unit, which services banks, rental, and fleet partners, grew nearly 14% year over year, while dealer sales volume rose over 3%, reflecting diversification outside traditional insurance auctions. International segment dynamics: International unit sales increased 6%, with notable fee unit growth. However, a shift by insurance customers from purchase contracts to consignment models led to declining purchase units but higher margins, especially in Germany and the UK. Tariff impact and repair economics: Management explained that recent tariffs on auto parts have increased repair costs, making insurance total loss decisions more likely and potentially boosting Copart’s business, though uncertainty remains as federal guidance is still pending. Operational investments: The company continues to expand its real estate footprint, including the acquisition of Hall Ranch in Florida to enhance storm readiness, and has deployed technology solutions like Title Express to reduce cycle times and improve inventory turnover. Looking ahead, Copart’s outlook is shaped by insurance market cycles, regulatory developments, and continued investment in operational capacity. Insurance market cycles: Management expects cyclical trends in insurance coverage rates to eventually reverse, with higher total loss frequency over time supporting long-term volume growth, despite current headwinds from uninsured drivers. Tariff and regulatory uncertainty: Ongoing changes to trade policy and tariffs on auto parts are expected to further influence repair-versus-total loss decision-making by insurers. Management noted that legislative actions affecting storage fees and total loss thresholds could create both risks and opportunities. Operational efficiency and technology: Investments in technology platforms, like digital auctions and Title Express, are intended to reduce operational cycle times and enhance Copart’s ability to handle volatility in unit flows, supporting margin resilience and scalability. In the coming quarters, the StockStory team will be watching (1) whether insurance total loss frequency continues to rise and supports higher auction volumes; (2) how quickly Copart’s non-insurance segments, such as BlueCar and dealer services, scale amid insurance market headwinds; and (3) any regulatory changes affecting repair costs, storage fees, or total loss thresholds. The pace of inventory replenishment and adoption of operational technologies will also be important markers of progress. Copart currently trades at a forward P/E ratio of 30.8×. In the wake of earnings, is it a buy or sell? The answer lies in our full research report (it’s free). The market surged in 2024 and reached record highs after Donald Trump’s presidential victory in November, but questions about new economic policies are adding much uncertainty for 2025. While the crowd speculates what might happen next, we’re homing in on the companies that can succeed regardless of the political or macroeconomic environment. Put yourself in the driver’s seat and build a durable portfolio by checking out our Top 9 Market-Beating Stocks. This is a curated list of our High Quality stocks that have generated a market-beating return of 183% over the last five years (as of March 31st 2025). Stocks that made our list in 2020 include now familiar names such as Nvidia (+1,545% between March 2020 and March 2025) as well as under-the-radar businesses like the once-micro-cap company Kadant (+351% five-year return). Find your next big winner with StockStory today."
CPRT,2025-05-29,52.12,52.2334,51.14,51.42,
CPRT,2025-05-30,51.35,51.69,50.7632,51.48,"Copart, Inc. (CPRT): A Bull Case Theory We came across a bullish thesis on Copart, Inc. (CPRT) on Andvari’s Substack. In this article, we will summarize the bulls’ thesis on CPRT. Copart, Inc. (CPRT)'s share was trading at $53.67 as of 23rd May. CPRT’s trailing and forward P/E were 35.54 and 30.03 respectively according to Yahoo Finance. A busy car auction being held at a leading car dealership, buyers and sellers engaging in active bidding. Copart's Q3 2025 results set new all-time highs in both revenue and operating profit, yet the stock dropped over 10% the following day—perhaps due to slightly decelerated growth or a modest decline in margins from 38.8% to 37.3%. But the real story lies in Copart’s capital allocation and its ever-growing cash position. With nearly $4.4 billion in cash, zero debt, and an additional $1.3 billion in liquidity from its credit facility, Copart holds $5.6 billion in liquidity against a $52 billion market cap. Despite this, the company continues to invest meaningfully in real estate, technology, and services for its global clients. The firm’s balance sheet strength, especially relative to its main competitor IAA (now owned by RBA Global and significantly leveraged), makes it the clear partner of choice for insurers—particularly in catastrophe scenarios like hurricanes. Copart’s ample cash allows it to respond quickly to natural disasters, acquiring land and resources well ahead of crises. Still, with capex ranging between $335 million and $640 million since 2019 and only two major acquisitions in a decade, the cash pile continues to grow—projected to expand by another $1.3 billion within a year. Management, led by CFO Leah Stearns, maintains a long-term, high-return investment philosophy akin to Berkshire Hathaway’s, preferring patience and prudence over impulsive spending. While share repurchases and M&A are on the table, special dividends may be the more appropriate outlet for excess capital. Copart’s discipline stands in stark contrast to companies like CoStar, giving shareholders confidence in management’s stewardship—even as they wonder, “Do you have enough cash?” Previously, we have covered Copart, Inc. in April 2025 wherein we summarized a bullish thesis by Bulls on Parade on Substack. The author highlighted Copart (CPRT) as a strong compounder with a dominant salvage auction model, disciplined capital allocation, and solid global growth. Despite its premium valuation, analysts saw moderate upside backed by strong cash flows and a debt-free balance sheet. Since our last coverage, the stock is down 11.8% as of 26th May. Copart, Inc. (CPRT) is not on our list of the 30 Most Popular Stocks Among Hedge Funds. As per our database, 53 hedge fund portfolios held CPRT at the end of the fourth quarter which was 48 in the previous quarter. While we acknowledge the risk and potential of CPRT as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns, and doing so within a shorter timeframe. If you are looking for an AI stock that is more promising than CPRT but that trades at less than 5 times its earnings, check out our report about the cheapest AI stock. READ NEXT: 8 Best Wide Moat Stocks to Buy Now and 30 Most Important AI Stocks According to BlackRock. Disclosure: None. This article was originally published at Insider Monkey."
CPRT,2025-06-02,51.19,51.4,50.22,50.8,"Q1 Rundown: Copart (NASDAQ:CPRT) Vs Other Business Services & Supplies Stocks Let’s dig into the relative performance of Copart (NASDAQ:CPRT) and its peers as we unravel the now-completed Q1 business services & supplies earnings season. This is a sector that encompasses many types of business, and so it follows that a number of trends will impact the space. For industrial and environmental services companies, for example, trends around environmental compliance and increasing corporate ESG commitments matter while for safety and security services companies, the intersection of physical security, cybersecurity, and workplace safety regulations are the topics du jour. Broadly, AI and automation could be tailwinds for companies in the space that invest wisely. On the other hand, shifting regulatory frameworks could force continual changes in go-to-market and costly investments. The 19 business services & supplies stocks we track reported a strong Q1. As a group, revenues beat analysts’ consensus estimates by 1.8% while next quarter’s revenue guidance was in line. In light of this news, share prices of the companies have held steady as they are up 2.7% on average since the latest earnings results. Starting as a single salvage yard in California in 1982, Copart (NASDAQ:CPRT) operates an online auction platform that connects sellers of damaged and salvage vehicles with buyers ranging from dismantlers and rebuilders to used car dealers and exporters. Copart reported revenues of $1.21 billion, up 7.5% year on year. This print fell short of analysts’ expectations by 1%. Overall, it was a slower quarter for the company with some shareholders anticipating a better outcome. The stock is down 14.6% since reporting and currently trades at $51.77. Is now the time to buy Copart? Access our full analysis of the earnings results here, it’s free. With roots dating back to 1869 and a focus on creating cleaner industrial operations, CECO Environmental (NASDAQ:CECO) provides technology and expertise that helps industrial companies reduce emissions, treat water, and improve energy efficiency across various sectors. CECO Environmental reported revenues of $176.7 million, up 39.9% year on year, outperforming analysts’ expectations by 17%. The business had a stunning quarter with an impressive beat of analysts’ EPS estimates and full-year revenue guidance beating analysts’ expectations. CECO Environmental pulled off the biggest analyst estimates beat and fastest revenue growth among its peers. The market seems happy with the results as the stock is up 40.1% since reporting. It currently trades at $26.89. Is now the time to buy CECO Environmental? Access our full analysis of the earnings results here, it’s free. With a global footprint spanning three continents and approximately 81,000 beds across 100 facilities, GEO Group (NYSE:GEO) operates secure facilities, processing centers, and reentry services for government agencies in the United States, Australia, and South Africa. GEO Group reported revenues of $604.6 million, flat year on year, falling short of analysts’ expectations by 2%. It was a disappointing quarter as it posted a significant miss of analysts’ EPS estimates. GEO Group delivered the weakest full-year guidance update in the group. As expected, the stock is down 10.1% since the results and currently trades at $27.23. Read our full analysis of GEO Group’s results here. Starting as a family business collecting and cleaning shop rags in Cincinnati, Cintas (NASDAQ:CTAS) provides corporate identity uniforms, facility services, and safety products to over one million businesses across North America. Cintas reported revenues of $2.61 billion, up 8.4% year on year. This result was in line with analysts’ expectations. Overall, it was a strong quarter as it also logged an impressive beat of analysts’ EPS estimates and a narrow beat of analysts’ full-year EPS guidance estimates. The stock is up 17% since reporting and currently trades at $226.45. Read our full, actionable report on Cintas here, it’s free. Born from the 1958 founding of Ritchie Bros. Auctioneers and rebranded in 2023, RB Global (NYSE:RBA) operates global marketplaces that connect buyers and sellers of commercial assets, vehicles, and equipment across multiple industries. RB Global reported revenues of $1.11 billion, up 4.1% year on year. This print surpassed analysts’ expectations by 6.9%. Overall, it was an exceptional quarter as it also produced a solid beat of analysts’ EPS estimates. The stock is up 3% since reporting and currently trades at $105.30. Read our full, actionable report on RB Global here, it’s free. The Fed’s interest rate hikes throughout 2022 and 2023 have successfully cooled post-pandemic inflation, bringing it closer to the 2% target. Inflationary pressures have eased without tipping the economy into a recession, suggesting a soft landing. This stability, paired with recent rate cuts (0.5% in September 2024 and 0.25% in November 2024), fueled a strong year for the stock market in 2024. The markets surged further after Donald Trump’s presidential victory in November, with major indices reaching record highs in the days following the election. Still, questions remain about the direction of economic policy, as potential tariffs and corporate tax changes add uncertainty for 2025. Want to invest in winners with rock-solid fundamentals? Check out our Strong Momentum Stocks and add them to your watchlist. These companies are poised for growth regardless of the political or macroeconomic climate."
CPRT,2025-06-03,50.6,51.15,50.18,51.01,
CPRT,2025-06-04,50.9,51.005,50.335,50.38,
CPRT,2025-06-05,50.46,50.52,49.95,50.13,"1 Cash-Producing Stock to Own for Decades and 2 to Think Twice About A company that generates cash isn’t automatically a winner. Some businesses stockpile cash but fail to reinvest wisely, limiting their ability to expand. Luckily for you, we built StockStory to help you separate the good from the bad. That said, here is one cash-producing company that excels at turning cash into shareholder value and two that may face some trouble. Trailing 12-Month Free Cash Flow Margin: 2.9% California’s oldest company, Ducommun (NYSE:DCO) is a provider of engineering and manufacturing services for high-performance products primarily within the aerospace and defense industries. Why Do We Avoid DCO? Ducommun’s stock price of $72.35 implies a valuation ratio of 18.9x forward P/E. Read our free research report to see why you should think twice about including DCO in your portfolio, it’s free. Trailing 12-Month Free Cash Flow Margin: 27.5% With roots dating back to 1887 and a transformative merger in 1989 that gave the company its current name, Bristol-Myers Squibb (NYSE:BMY) discovers, develops, and markets prescription medications for serious diseases including cancer, blood disorders, immunological conditions, and cardiovascular diseases. Why Does BMY Fall Short? At $48.04 per share, Bristol-Myers Squibb trades at 7.2x forward P/E. If you’re considering BMY for your portfolio, see our FREE research report to learn more. Trailing 12-Month Free Cash Flow Margin: 25.7% Starting as a single salvage yard in California in 1982, Copart (NASDAQ:CPRT) operates an online auction platform that connects sellers of damaged and salvage vehicles with buyers ranging from dismantlers and rebuilders to used car dealers and exporters. Why Do We Love CPRT? Copart is trading at $50.35 per share, or 29.3x forward P/E. Is now a good time to buy? Find out in our full research report, it’s free. Donald Trump’s victory in the 2024 U.S. Presidential Election sent major indices to all-time highs, but stocks have retraced as investors debate the health of the economy and the potential impact of tariffs. While this leaves much uncertainty around 2025, a few companies are poised for long-term gains regardless of the political or macroeconomic climate, like our Top 5 Strong Momentum Stocks for this week. This is a curated list of our High Quality stocks that have generated a market-beating return of 183% over the last five years (as of March 31st 2025). Stocks that made our list in 2020 include now familiar names such as Nvidia (+1,545% between March 2020 and March 2025) as well as under-the-radar businesses like the once-micro-cap company Tecnoglass (+1,754% five-year return). Find your next big winner with StockStory today for free."
CPRT,2025-06-06,50.6,50.915,50.045,50.13,"1 No-Brainer S&P 500 Stock Down 20% to Buy on the Dip Copart is the leader in the salvaged vehicle industry, and it has a wide moat. As cars become more complex and expensive to repair, Copart should benefit. A recent sell-off has made its valuation more reasonable. 10 stocks we like better than Copart › One of my favorite -- and possibly simplest -- investing strategies is to ""buy the dip"" on steady Eddie stocks that have long track records of stomping the market. While past performance doesn't guarantee future returns, looking among previously ""winning"" stocks that have sold off over what appear to be short-term worries can be a great way to find excellent investments at fair prices. A perfect example of a stock fitting this mold today is Copart (NASDAQ: CPRT), operator of the leading online auction platform for (mostly) totaled vehicles. Copart has been a 341-bagger since its initial public offering in 1994. But the stock's path has not been straight up. Over the past three decades, the company has offered investors more than a dozen buy-the-dip opportunities at least as significant as its recent 20% decline. With its share price down (temporarily, I expect) again, here's why I think Copart is a no-brainer S&P 500 stock to buy on the dip. Copart owns more than 250 salvage yards, most of them spread across North America (though it operates in 11 countries total), and processes more than 3 million vehicle sales annually via its online auction platform. With a market share of about 45%, the company is the leader in its niche, headlining a virtual duopoly with RB Global, which bought IAA. The two combine for roughly 80% of the total salvage vehicle industry. Copart's most common types of transactions involve insurance companies selling totaled vehicles on its virtual platform to dismantlers, car repair shops, used car dealers, exporters, recyclers, or even the general public. Sales of cars from insurance companies accounted for 81% of Copart's business in 2024. Whether it's the auction, or the towing, storage, inspections, merchandising, title processing, and logistics (including pickup and delivery) of the vehicle itself, the company is a one-stop shop for all the services needed to move such transactions along. However, what makes Copart a fantastic long-term investment is its wide moat. Since its properties are primarily salvage yards, Copart benefits from the power of NIMBY (not in my back yard) sentiment. In most locations, residents will fight against anyone who tries to get zoning approval for a new junkyard. That somewhat insulates Copart from the threat of new competition. In addition to this wide moat, the technological density and complexity of vehicles continue to skyrocket, which could provide a decades-long tailwind for the company as more cars are declared ""totaled."" Since complex car parts are more expensive to replace, the threshold for an insurer to deem a car ""totaled"" rather than foot the bill for repairs continues to skew further into Copart's favor over time. Copart's duopoly partner, IAA, was acquired by commercial construction and transportation auction platform RB Global for $7 billion in 2023. Though this created a powerhouse auction platform for all types of vehicles, I'd argue that Copart remains the more efficient of the two. Over the last two decades, Copart's average free cash flow (FCF) margin and cash return on invested capital (ROIC) have been higher than those of its primary peer. While bringing IAA into the fold could help boost these figures for RB Global, it is worth noting that IAA leases the majority of its salvage yards. By contrast, Copart owns most of its properties. These added costs erode RB Global's overall efficiency and margins, prompting me to take a more cautious approach to its stock as it continues to integrate IAA. Furthermore, despite owning nearly all of its properties, Copart is debt-free and holds $4.4 billion in cash on its balance sheet, equivalent to approximately 9% of its market capitalization of $49 billion. As for RB Global, it has a net debt balance of $2.1 billion compared to a market cap of $19 billion. I'm not saying that RB Global is at risk of going out of business. I just want to emphasize that Copart is well equipped to buy more property, repurchase its own shares, or merely ride out an increasingly turbulent market. Lastly, Copart's partnership with Purple Wave (a heavy equipment auctioneer similar to RB Global) and its BlueCar business (which serves rental car companies, fleet partners, and banks) offers both potential growth options and diversification. Following the sell-off that took place after it reported its fiscal 2025 Q3 earnings in May, Copart now trades at 28 times cash from operations (CFO). That's its lowest valuation by that metric in over two years, but close to the company's average over the last decade. While its P/CFO ratio remains above RB Global's mark of 20, its relative premium may be justified: Copart has grown its sales by 10% over the last year, compared to its peer's 2% growth. Since Copart delivered revenue growth of 8% in the last quarter and sold off -- but RB Global grew sales by 4% and rallied -- now seems like a perfect ""buy the dip"" opportunity for investors looking at Copart. Yes, the company still trades at a slight premium to the market and its peers. However, Copart: Is the leader in a duopoly. Enjoys a wide moat thanks to its geographic presence. Should benefit as vehicles become harder to fix. Maintains better profitability and has a better balance sheet than its primary peer. Is down 20% from its highs -- a somewhat rare occurrence. I look forward to buying the dip on this no-brainer S&P 500 stock soon. Before you buy stock in Copart, consider this: The Motley Fool Stock Advisor analyst team just identified what they believe are the 10 best stocks for investors to buy now… and Copart wasn’t one of them. The 10 stocks that made the cut could produce monster returns in the coming years. Consider when Netflix made this list on December 17, 2004... if you invested $1,000 at the time of our recommendation, you’d have $668,538!* Or when Nvidia made this list on April 15, 2005... if you invested $1,000 at the time of our recommendation, you’d have $869,841!* Now, it’s worth noting Stock Advisor’s total average return is 789% — a market-crushing outperformance compared to 172% for the S&P 500. Don’t miss out on the latest top 10 list, available when you join Stock Advisor. See the 10 stocks » *Stock Advisor returns as of June 2, 2025 Josh Kohn-Lindquist has positions in Copart. The Motley Fool has positions in and recommends Copart. The Motley Fool has a disclosure policy. 1 No-Brainer S&P 500 Stock Down 20% to Buy on the Dip was originally published by The Motley Fool"
CPRT,2025-06-09,50.195,50.595,49.9769,50.15,
CPRT,2025-06-10,50.1,50.325,49.54,50.28,
CPRT,2025-06-11,50.21,50.91,50.0679,50.5,
CPRT,2025-06-12,50.43,50.725,49.775,49.99,
CPRT,2025-06-13,49.26,49.575,48.31,48.59,"These Were the 2 Worst-Performing Stocks in the Nasdaq-100 in May 2025 Regeneron shares dropped 18% in May after a disappointing earnings report. Copart stock fell 15.6% despite posting solid headline results. Buying the dip in these stocks could be risky, given their ongoing challenges. 10 stocks we like better than Regeneron Pharmaceuticals › The Nasdaq-100 market index holds a lot of volatile stocks. Some of its top performers seem overvalued today, while others seem to have room for further growth. The index as a whole rose 9.1% last month, outpacing the S&P 500 (SNPINDEX: ^GSPC) return of 6.3%. But what about the other end of the spectrum? Let's take a quick look at the two worst performers on the Nasdaq-100 in May 2025. Biotech giant Regeneron (NASDAQ: REGN) was on track for a quiet May, holding almost exactly steady with just a couple of days left in the month. A disappointing earnings report changed that story in a hurry, driving Regeneron's stock 18% lower on the last trading day in May. Regeneron's first-quarter sales fell 4% year over year, while adjusted earnings per share dropped 14% lower. This is one of the most affordable large-cap biotech stocks today, but arguably for good reasons. The stock is down 48% over the last year, so I understand if you want to buy the dip. Just remember that the company is facing unprecedented challenges right now, and a strong development pipeline doesn't always result in blockbuster products. Online auto auction specialist Copart (NASDAQ: CPRT) also fell after reporting earnings in May. All the headline numbers were up year over year and roughly in line with analyst expectations, but market makers were looking for something more. Copart's stock trades at lofty valuation multiples such as 10.6 times sales and 33 times earnings. It doesn't take much of a miss to inspire a large price drop under these conditions. Copart's stock is down 5% over the last year, but it remains a long-term winner with a market-beating three-year return and a stellar 1,030% gain over the last decade. Management argues that the company might benefit from tariff-based uncertainty, as expensive repair parts could result in more ""total loss"" insurance claims. If so, Copart's stock may be a great buy today -- but only time will tell how this theory works out. Before you buy stock in Regeneron Pharmaceuticals, consider this: The Motley Fool Stock Advisor analyst team just identified what they believe are the 10 best stocks for investors to buy now… and Regeneron Pharmaceuticals wasn’t one of them. The 10 stocks that made the cut could produce monster returns in the coming years. Consider when Netflix made this list on December 17, 2004... if you invested $1,000 at the time of our recommendation, you’d have $655,255!* Or when Nvidia made this list on April 15, 2005... if you invested $1,000 at the time of our recommendation, you’d have $888,780!* Now, it’s worth noting Stock Advisor’s total average return is 999% — a market-crushing outperformance compared to 174% for the S&P 500. Don’t miss out on the latest top 10 list, available when you join Stock Advisor. See the 10 stocks » *Stock Advisor returns as of June 9, 2025 Anders Bylund has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Copart and Regeneron Pharmaceuticals. The Motley Fool has a disclosure policy. These Were the 2 Worst-Performing Stocks in the Nasdaq-100 in May 2025 was originally published by The Motley Fool"
CPRT,2025-06-16,48.8,49.26,48.23,48.39,
CPRT,2025-06-17,48.21,48.48,47.7,48.0,
CPRT,2025-06-18,48.08,48.28,47.7032,47.88,"Big Profit Stocks on Sale: 3 Picks at Yearly Lows. If I were to classify my investment style, I would consider myself a contrarian, rather than a value or growth investor. David Dreman first published Contrarian Investment Strategy: The Psychology of Stock Market Success in 1979. It was one of the first books that got me hooked on investing in the 1980s. The other two: The Intelligent Investor by Benjamin Graham and Peter Lynch’s One Up on Wall Street. These three books showed me that you could make money investing. Trump Is Giving Tesla’s Robotaxis a Leg Up Ahead of June 22. Should You Buy TSLA Stock Now? Dear Nvidia Stock Fans, Mark Your Calendars for July 16 The Trump Family Is Betting Big on Mobile Phones. Should Apple Stock Investors Be Worried? Tired of missing midday reversals? The FREE Barchart Brief newsletter keeps you in the know. Sign up now! “Dreman believed that investors are prone to overreaction, and, under certain well-defined circumstances, overreact predictably and systematically,” Validea’s page about Dreman states. “They typically overvalue the popular stocks considered the ‘best’, and undervalue those considered the ‘worst’, often going to extremes in these over- and under-valuations.” Unfortunately, because growth stocks have ruled the roost for most of the past two decades, contrarian investors haven’t fared too well. Eventually, Dreman’s philosophy will deliver the goods. But I digress. My commentary today focuses on three profitable companies whose stocks hit new 52-week lows on Tuesday. All of them have the potential to deliver outsized returns over the next 3-5 years for investors who are tolerant enough to stay the course. Here’s the how and why for each. Thermo Fisher Scientific (TMO) hit its 24th 52-week low of the past 12 months yesterday. The maker of scientific instruments’ stock is down 31.3% over this period and is trading at its lowest level since July 2020. Admittedly, I’m not a big follower of healthcare stocks, but it’s a well-known name in the sector, so I’m curious what’s holding it back. Analysts like it. Of the 24 covering its stock, 20 rate it a Buy (4.54 out of 5) with a mean target price of $554.46, a level it traded at as recently as February. These same analysts expect it to earn $22.32 a share in 2025 and $24.68 in 2026. Its shares trade at 17.5x and 15.8x these estimates. Thermo Fisher’s current enterprise value of $175.73 billion is 4.35 times its trailing 12-month (TTM) revenue. Its EV/revenue multiple hasn’t been this low since March 2017. As stated in its Q1 2025 press release, the company continues to allocate capital efficiently, spending $4.1 billion on acquiring Solventum’s Purification and Filtration business, repurchasing $2 billion of its stock, and increasing its dividend by 10%. Routinely, it generates between $6 billion and $7 billion in annual free cash flow. Expect it to continue buying back its stock until the next phase of growth kicks in. Copart (CPRT) hit its 14th 52-week low of the past 12 months yesterday. The provider of online vehicle auctions for insurance companies, as well as other related businesses such as banks and rental car companies, and individuals, has seen its share price fall by 13% over the past year. However, over the past five years, it has increased by 127%, outperforming the S&P 500 by 37 percentage points. Copart reported Q3 2025 results on May 22. While they were healthy on both the top and bottom lines, investors were more focused on the real or perceived headwinds caused by tariffs, knocking its stock 21% lower in the weeks since. Because it trades at a premium — 28.3 times its 2026 earnings per share of $1.70 — investors felt that might be too much to pay for a company that tariffs could hurt. However, Copart management believes that replacement parts, which are more expensive due to tariffs, will lead more insurers to opt for writing off a car in a collision rather than paying the higher costs of repairing it, converting tariffs into a win for them. Regardless of the tariff situation, analysts still support it, with seven of 12 rating it a Buy (4.00 out of 5), and a median target price of $65, which is well above its current share price, according to MarketWatch. Copart offers a valuable and essential service to its customers. The need, regardless of AI, persists. That’s a significant reason why it has delivered an annualized return of 21% since its initial public offering in 1994. It’s a keeper. Watsco (WSO) hit its 13th 52-week low of the past 12 months yesterday, and Pool Corp (POOL) hit its 9th 52-week low. I know I said I’d comment on three stocks hitting new 52-week lows. However, both of these companies should be positively affected by climate change, so I included both. In Watsco’s case, it helps homeowners and businesses stay cool in the summer and warm in the winter by distributing HVAC (heating, ventilation, and air conditioning) equipment, parts and supplies. It is the largest distributor in the Americas. Pool, as its name implies, distributes pool equipment and supplies from 445 sales centers across North America, Europe, and Australia. It is the world’s largest wholesale distributor of its kind. Its products also help customers stay cool. Both businesses provide products and services that, although not impossible to live without, are pretty essential. In Watsco’s case, summer in America gets stinking hot. Air conditioning is a must-have, especially for senior citizens. As for Pool, sure, you can let your pool get dirty, but eventually, you’re going to sell your house, and when you do, its products will help make the sales process work like a charm. Of the two, Pool’s business has more recurring revenue, but Watsco’s high-ticket items make up for this. The former has grown its annual revenue by 9.4% on a compounded basis, compared to 9.9% for the latter. That said, Pool’s revenues have returned to pre-COVID numbers. In 2022, its revenues hit a record high of $6.18 billion. As of March 31, the TTM revenue was $5.26 billion, approximately the same as in 2021. Meanwhile, Watsco’s revenues have grown from $5.05 billion in 2020 to $7.58 billion as of March 31. Analysts have mixed feelings about both stocks. I like both of them because climate change isn’t going away. They’re profitable and generating significant cash flow, which allows them to buy back shares during times of weakness, such as the current situation. It will pass. Don’t pass on WSO and POOL for the long haul. On the date of publication, Will Ashworth did not have (either directly or indirectly) positions in any of the securities mentioned in this article. All information and data in this article is solely for informational purposes. This article was originally published on Barchart.com"
CPRT,2025-06-20,48.34,49.145,47.825,47.98,"3 Reasons CPRT Has Explosive Upside Potential Over the past six months, Copart’s shares (currently trading at $47.88) have posted a disappointing 17.8% loss, well below the S&P 500’s 1.1% gain. This was partly due to its softer quarterly results and might have investors contemplating their next move. Following the drawdown, is now a good time to buy CPRT? Find out in our full research report, it’s free. Starting as a single salvage yard in California in 1982, Copart (NASDAQ:CPRT) operates an online auction platform that connects sellers of damaged and salvage vehicles with buyers ranging from dismantlers and rebuilders to used car dealers and exporters. A company’s long-term sales performance is one signal of its overall quality. Any business can have short-term success, but a top-tier one grows for years. Over the last five years, Copart grew its sales at an incredible 15.6% compounded annual growth rate. Its growth surpassed the average business services company and shows its offerings resonate with customers. Analyzing the long-term change in earnings per share (EPS) shows whether a company's incremental sales were profitable – for example, revenue could be inflated through excessive spending on advertising and promotions. Copart’s EPS grew at an astounding 19.6% compounded annual growth rate over the last five years, higher than its 15.6% annualized revenue growth. This tells us the company became more profitable on a per-share basis as it expanded. Free cash flow isn't a prominently featured metric in company financials and earnings releases, but we think it's telling because it accounts for all operating and capital expenses, making it tough to manipulate. Cash is king. Copart has shown terrific cash profitability, enabling it to reinvest, return capital to investors, and stay ahead of the competition while maintaining an ample cushion. The company’s free cash flow margin was among the best in the business services sector, averaging 23% over the last five years. These are just a few reasons why we think Copart is one of the best business services companies out there. After the recent drawdown, the stock trades at 27.9× forward P/E (or $47.88 per share). Is now the time to initiate a position? See for yourself in our comprehensive research report, it’s free. Market indices reached historic highs following Donald Trump’s presidential victory in November 2024, but the outlook for 2025 is clouded by new trade policies that could impact business confidence and growth. While this has caused many investors to adopt a ""fearful"" wait-and-see approach, we’re leaning into our best ideas that can grow regardless of the political or macroeconomic climate. Take advantage of Mr. Market by checking out our Top 5 Growth Stocks for this month. This is a curated list of our High Quality stocks that have generated a market-beating return of 183% over the last five years (as of March 31st 2025). Stocks that made our list in 2020 include now familiar names such as Nvidia (+1,545% between March 2020 and March 2025) as well as under-the-radar businesses like the once-small-cap company Comfort Systems (+782% five-year return). Find your next big winner with StockStory today."
CPRT,2025-06-23,47.98,48.1,47.33,47.72,
CPRT,2025-06-24,48.16,48.68,47.82,48.65,"2 Profitable Stocks Worth Your Attention and 1 to Think Twice About While profitability is essential, it doesn’t guarantee long-term success. Some companies that rest on their margins will lose ground as competition intensifies - as Jeff Bezos said, ""Your margin is my opportunity"". Profits are valuable, but they’re not everything. At StockStory, we help you identify the companies that have real staying power. That said, here are two profitable companies that balance growth and profitability and one that may struggle to keep up. Trailing 12-Month GAAP Operating Margin: 15.2% Rebranded from Conseco in 2010 to signal a fresh start after navigating financial challenges, CNO Financial Group (NYSE:CNO) develops and markets health insurance, annuities, and life insurance products primarily targeting middle-income pre-retirees and retirees. Why Are We Hesitant About CNO? At $38.18 per share, CNO Financial Group trades at 1.5x forward P/B. Check out our free in-depth research report to learn more about why CNO doesn’t pass our bar. Trailing 12-Month GAAP Operating Margin: 35.8% Starting as a single salvage yard in California in 1982, Copart (NASDAQ:CPRT) operates an online auction platform that connects sellers of damaged and salvage vehicles with buyers ranging from dismantlers and rebuilders to used car dealers and exporters. Why Will CPRT Outperform? Copart’s stock price of $48 implies a valuation ratio of 27.8x forward P/E. Is now the right time to buy? See for yourself in our in-depth research report, it’s free. Trailing 12-Month GAAP Operating Margin: 17.3% Initially in the defense industry, Griffon (NYSE:GFF) is a now diversified company specializing in home improvement, professional equipment, and building products. Why Do We Like GFF? Griffon is trading at $70.73 per share, or 11.8x forward P/E. Is now the time to initiate a position? Find out in our full research report, it’s free. Donald Trump’s victory in the 2024 U.S. Presidential Election sent major indices to all-time highs, but stocks have retraced as investors debate the health of the economy and the potential impact of tariffs. While this leaves much uncertainty around 2025, a few companies are poised for long-term gains regardless of the political or macroeconomic climate, like our Top 5 Strong Momentum Stocks for this week. This is a curated list of our High Quality stocks that have generated a market-beating return of 183% over the last five years (as of March 31st 2025). Stocks that made our list in 2020 include now familiar names such as Nvidia (+1,545% between March 2020 and March 2025) as well as under-the-radar businesses like the once-small-cap company Comfort Systems (+782% five-year return). Find your next big winner with StockStory today for free. Find your next big winner with StockStory today. Find your next big winner with StockStory today"
CPRT,2025-06-25,48.895,48.9,48.065,48.149,"Is It Worth Investing in Copart (CPRT) Based on Wall Street's Bullish Views? Investors often turn to recommendations made by Wall Street analysts before making a Buy, Sell, or Hold decision about a stock. While media reports about rating changes by these brokerage-firm employed (or sell-side) analysts often affect a stock's price, do they really matter? Before we discuss the reliability of brokerage recommendations and how to use them to your advantage, let's see what these Wall Street heavyweights think about Copart, Inc. (CPRT). Copart currently has an average brokerage recommendation (ABR) of 2.00, on a scale of 1 to 5 (Strong Buy to Strong Sell), calculated based on the actual recommendations (Buy, Hold, Sell, etc.) made by eight brokerage firms. An ABR of 2.00 indicates Buy. Of the eight recommendations that derive the current ABR, four are Strong Buy, representing 50% of all recommendations. Check price target & stock forecast for Copart here>>> The ABR suggests buying Copart, but making an investment decision solely on the basis of this information might not be a good idea. According to several studies, brokerage recommendations have little to no success guiding investors to choose stocks with the most potential for price appreciation. Do you wonder why? As a result of the vested interest of brokerage firms in a stock they cover, their analysts tend to rate it with a strong positive bias. According to our research, brokerage firms assign five ""Strong Buy"" recommendations for every ""Strong Sell"" recommendation. In other words, their interests aren't always aligned with retail investors, rarely indicating where the price of a stock could actually be heading. Therefore, the best use of this information could be validating your own research or an indicator that has proven to be highly successful in predicting a stock's price movement. With an impressive externally audited track record, our proprietary stock rating tool, the Zacks Rank, which classifies stocks into five groups, ranging from Zacks Rank #1 (Strong Buy) to Zacks Rank #5 (Strong Sell), is a reliable indicator of a stock's near-term price performance. So, validating the Zacks Rank with ABR could go a long way in making a profitable investment decision. Although both Zacks Rank and ABR are displayed in a range of 1--5, they are different measures altogether. Broker recommendations are the sole basis for calculating the ABR, which is typically displayed in decimals (such as 1.28). The Zacks Rank, on the other hand, is a quantitative model designed to harness the power of earnings estimate revisions. It is displayed in whole numbers -- 1 to 5. It has been and continues to be the case that analysts employed by brokerage firms are overly optimistic with their recommendations. Because of their employers' vested interests, these analysts issue more favorable ratings than their research would support, misguiding investors far more often than helping them. On the other hand, earnings estimate revisions are at the core of the Zacks Rank. And empirical research shows a strong correlation between trends in earnings estimate revisions and near-term stock price movements. In addition, the different Zacks Rank grades are applied proportionately to all stocks for which brokerage analysts provide current-year earnings estimates. In other words, this tool always maintains a balance among its five ranks. Another key difference between the ABR and Zacks Rank is freshness. The ABR is not necessarily up-to-date when you look at it. But, since brokerage analysts keep revising their earnings estimates to account for a company's changing business trends, and their actions get reflected in the Zacks Rank quickly enough, it is always timely in indicating future price movements. Looking at the earnings estimate revisions for Copart, the Zacks Consensus Estimate for the current year has remained unchanged over the past month at $1.56. Analysts' steady views regarding the company's earnings prospects, as indicated by an unchanged consensus estimate, could be a legitimate reason for the stock to perform in line with the broader market in the near term. The size of the recent change in the consensus estimate, along with three other factors related to earnings estimates, has resulted in a Zacks Rank #3 (Hold) for Copart. You can see the complete list of today's Zacks Rank #1 (Strong Buy) stocks here >>>> It may therefore be prudent to be a little cautious with the Buy-equivalent ABR for Copart. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Copart, Inc. (CPRT) : Free Stock Analysis Report This article originally published on Zacks Investment Research (zacks.com). Zacks Investment Research"
CPRT,2025-06-26,48.14,48.36,47.48,48.24,"Those who invested in Copart (NASDAQ:CPRT) five years ago are up 130% It hasn't been the best quarter for Copart, Inc. (NASDAQ:CPRT) shareholders, since the share price has fallen 13% in that time. But in stark contrast, the returns over the last half decade have impressed. We think most investors would be happy with the 130% return, over that period. To some, the recent pullback wouldn't be surprising after such a fast rise. Of course, that doesn't necessarily mean it's cheap now. So let's assess the underlying fundamentals over the last 5 years and see if they've moved in lock-step with shareholder returns. Trump has pledged to ""unleash"" American oil and gas and these 15 US stocks have developments that are poised to benefit. While the efficient markets hypothesis continues to be taught by some, it has been proven that markets are over-reactive dynamic systems, and investors are not always rational. One flawed but reasonable way to assess how sentiment around a company has changed is to compare the earnings per share (EPS) with the share price. Over half a decade, Copart managed to grow its earnings per share at 16% a year. So the EPS growth rate is rather close to the annualized share price gain of 18% per year. This indicates that investor sentiment towards the company has not changed a great deal. Rather, the share price has approximately tracked EPS growth. The image below shows how EPS has tracked over time (if you click on the image you can see greater detail). We're pleased to report that the CEO is remunerated more modestly than most CEOs at similarly capitalized companies. But while CEO remuneration is always worth checking, the really important question is whether the company can grow earnings going forward. Dive deeper into the earnings by checking this interactive graph of Copart's earnings, revenue and cash flow. Investors in Copart had a tough year, with a total loss of 12%, against a market gain of about 13%. Even the share prices of good stocks drop sometimes, but we want to see improvements in the fundamental metrics of a business, before getting too interested. On the bright side, long term shareholders have made money, with a gain of 18% per year over half a decade. If the fundamental data continues to indicate long term sustainable growth, the current sell-off could be an opportunity worth considering. Most investors take the time to check the data on insider transactions. You can click here to see if insiders have been buying or selling. For those who like to find winning investments this free list of undervalued companies with recent insider purchasing, could be just the ticket. Please note, the market returns quoted in this article reflect the market weighted average returns of stocks that currently trade on American exchanges. Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) simplywallst.com. This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned."
CPRT,2025-06-27,48.4,48.98,48.06,48.17,
CPRT,2025-06-30,48.29,49.1,47.86,49.06,"[""CPRT- Buy the Recent Dip in this Vehicle Auction and Services Stock Shares of Copart Inc. (CPRT) dropped more than 11% after the company reported muted fiscal third-quarter volume growth. Still, this is a company that applies a very long-time horizon to its investments, and its track record has been excellent, notes Doug Gerlach, editor of Investor Advisory Service. To get more articles and chart analysis from MoneyShow, subscribe to our Top Pros\u2019 Top Picks newsletter here.) Revenue advanced 7%, as a 9% increase in service revenue was offset by a 2% decline in purchased vehicle sales. Global unit sales increased just 1%, as US insurance volumes fell by 1%. Copart noted it is experiencing a headwind from an increase in uninsured and underinsured drivers on the road. Historically, the percentage of uninsured or underinsured drivers has been cyclical, and management expects a return to normalized levels over time. The company brushed aside claims from competitors that it is losing market share. Total loss frequency jumped to 22.8% from 21.1% a year ago. The company expects the longer-term trend toward higher total loss frequency will persist, a positive for future growth. Volumes related to bank, rental, and fleet vehicles remained strong, up almost 14%, while dealer volumes increased 3%. See also: WM: An All-Weather Stock for this Resilient Market The heavy equipment auction space has been soft due to uncertainty regarding infrastructure spending and tariffs, resulting in flat overall transaction volumes for Purple Wave over the trailing twelve-month period. This has held back profitability as CPRT continues to invest to expand that business. Operating income advanced 5%, slower than top-line growth, due to incremental costs from hurricanes and investments to increase capacity. Recommended Action: Buy CPRT More From MoneyShow.com: The Fed, the Dollar, and a Key Metal to Watch ALB: A Screaming Bargain in the Lithium Space Market Minute 6/27/25: Stocks Keep Rallying as Tariff, War Worries Ease"", ""Declining Stock and Solid Fundamentals: Is The Market Wrong About Copart, Inc. (NASDAQ:CPRT)? Copart (NASDAQ:CPRT) has had a rough three months with its share price down 16%. However, stock prices are usually driven by a company\u2019s financial performance over the long term, which in this case looks quite promising. Particularly, we will be paying attention to Copart's ROE today. ROE or return on equity is a useful tool to assess how effectively a company can generate returns on the investment it received from its shareholders. In other words, it is a profitability ratio which measures the rate of return on the capital provided by the company's shareholders. Trump has pledged to \""unleash\"" American oil and gas and these 15 US stocks have developments that are poised to benefit. The formula for return on equity is: Return on Equity = Net Profit (from continuing operations) \u00f7 Shareholders' Equity So, based on the above formula, the ROE for Copart is: 17% = US$1.5b \u00f7 US$8.8b (Based on the trailing twelve months to April 2025). The 'return' is the yearly profit. That means that for every $1 worth of shareholders' equity, the company generated $0.17 in profit. See our latest analysis for Copart Thus far, we have learned that ROE measures how efficiently a company is generating its profits. We now need to evaluate how much profit the company reinvests or \""retains\"" for future growth which then gives us an idea about the growth potential of the company. Assuming all else is equal, companies that have both a higher return on equity and higher profit retention are usually the ones that have a higher growth rate when compared to companies that don't have the same features. To begin with, Copart seems to have a respectable ROE. Especially when compared to the industry average of 12% the company's ROE looks pretty impressive. This probably laid the ground for Copart's moderate 15% net income growth seen over the past five years. We then performed a comparison between Copart's net income growth with the industry, which revealed that the company's growth is similar to the average industry growth of 13% in the same 5-year period. Earnings growth is a huge factor in stock valuation. What investors need to determine next is if the expected earnings growth, or the lack of it, is already built into the share price. This then helps them determine if the stock is placed for a bright or bleak future. Is CPRT fairly valued? This infographic on the company's intrinsic value has everything you need to know. Given that Copart doesn't pay any regular dividends to its shareholders, we infer that the company has been reinvesting all of its profits to grow its business. In total, we are pretty happy with Copart's performance. Specifically, we like that the company is reinvesting a huge chunk of its profits at a high rate of return. This of course has caused the company to see substantial growth in its earnings. With that said, the latest industry analyst forecasts reveal that the company's earnings growth is expected to slow down. To know more about the company's future earnings growth forecasts take a look at this free report on analyst forecasts for the company to find out more. Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) simplywallst.com. This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.""]"
CPRT,2025-07-01,49.07,49.855,49.07,49.64,"[""What Makes Copart (CPRT) a Lucrative Investment? Qualivian Investment Partners, an investment partnership focused on long-only public equities, released its Q1 2025 investor letter. A copy of the letter can be downloaded here. The fund outperformed the iShares MSCI USA Quality Factor ETF (QUAL) by 66.0% and 59.4% on a gross and net basis, since inception through March 31, 2025. It also exceeded the S&P 500 by 32.7% and 26.1% respectively, on a gross and net basis. In Q1 2025, the fund outperformed QUAL by 5.3% and 5.2% on a gross and net basis, and we outperformed the S&P 500 by 5.2% and 5.1% on a gross and net basis. In addition, please check the fund\u2019s top five holdings to know its best picks in 2025. In its first-quarter 2025 investor letter, Qualivian Investment Partners highlighted stocks such as Copart, Inc. (NASDAQ:CPRT). Copart, Inc. (NASDAQ:CPRT) is an online auction and vehicle remarketing services providing company. The one-month return of Copart, Inc. (NASDAQ:CPRT) was -3.41%, and its shares lost 10.28% of their value over the last 52 weeks. On June 30, 2025, Copart, Inc. (NASDAQ:CPRT) stock closed at $49.07 per share, with a market capitalization of $47.448 billion. Qualivian Investment Partners stated the following regarding Copart, Inc. (NASDAQ:CPRT) in its Q1 2025 investor letter: A busy car auction being held at a leading car dealership, buyers and sellers engaging in active bidding. Copart, Inc. (NASDAQ:CPRT) is not on our list of 30 Most Popular Stocks Among Hedge Funds. As per our database, 57 hedge fund portfolios held Copart, Inc. (NASDAQ:CPRT) at the end of the first quarter, which was 53 in the previous quarter. While we acknowledge the potential of Copart, Inc. (NASDAQ:CPRT) as an investment, our conviction lies in the belief that AI stocks hold greater promise for delivering higher returns, and doing so within a shorter timeframe. If you are looking for an AI stock that is as promising as NVIDIA but that trades at less than 5 times its earnings, check out our report about the undervalued AI stock set for massive gains. In another article, we covered Copart, Inc. (NASDAQ:CPRT) and shared Renaissance Large Cap Growth Strategy's views on the company. In addition, please check out our hedge fund investor letters Q1 2025 page for more investor letters from hedge funds and other leading investors. While we acknowledge the potential of CPRT as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you\u2019re looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock. READ NEXT: The Best and Worst Dow Stocks for the Next 12 Months and 10 Unstoppable Stocks That Could Double Your Money. Disclosure: None. This article is originally published at Insider Monkey."", ""1 Oversold Stock Set for a Comeback and 2 to Question Rock-bottom prices don't always mean rock-bottom businesses. The stocks we're examining today have all touched their 52-week lows, creating a classic investor's dilemma: bargain opportunity or value trap? At StockStory, we dig beneath the surface of price movements to uncover whether a company's fundamentals justify its current valuation or suggest hidden potential. Keeping that in mind, here is one stock where the poor sentiment is creating a buying opportunity and two where the skepticism is well-placed. One-Month Return: -41.3% Named after founder Philip Leslie, who established the company in 1963, Leslie\u2019s (NASDAQ:LESL) is a retailer that sells pool and spa supplies, equipment, and maintenance services. Why Is LESL Risky? Leslie's is trading at $0.44 per share, or 5.8x forward P/E. To fully understand why you should be careful with LESL, check out our full research report (it\u2019s free). One-Month Return: -13.6% Known for its flavorful beverages challenging the status quo, Boston Beer (NYSE:SAM) is a pioneer in craft brewing and a symbol of American innovation in the alcoholic beverage industry. Why Do We Think Twice About SAM? Boston Beer\u2019s stock price of $190.81 implies a valuation ratio of 18.8x forward P/E. If you\u2019re considering SAM for your portfolio, see our FREE research report to learn more. One-Month Return: -3.4% Starting as a single salvage yard in California in 1982, Copart (NASDAQ:CPRT) operates an online auction platform that connects sellers of damaged and salvage vehicles with buyers ranging from dismantlers and rebuilders to used car dealers and exporters. Why Will CPRT Outperform? At $49.09 per share, Copart trades at 28.6x forward P/E. Is now a good time to buy? See for yourself in our full research report, it\u2019s free. Market indices reached historic highs following Donald Trump\u2019s presidential victory in November 2024, but the outlook for 2025 is clouded by new trade policies that could impact business confidence and growth. While this has caused many investors to adopt a \""fearful\"" wait-and-see approach, we\u2019re leaning into our best ideas that can grow regardless of the political or macroeconomic climate. Take advantage of Mr. Market by checking out our Top 6 Stocks for this week. This is a curated list of our High Quality stocks that have generated a market-beating return of 183% over the last five years (as of March 31st 2025). Stocks that made our list in 2020 include now familiar names such as Nvidia (+1,545% between March 2020 and March 2025) as well as under-the-radar businesses like the once-small-cap company Comfort Systems (+782% five-year return). Find your next big winner with StockStory today for free. Find your next big winner with StockStory today. Find your next big winner with StockStory today""]"
CPRT,2025-07-02,49.515,49.575,48.82,49.07,
CPRT,2025-07-03,49.13,49.48,49.075,49.293,
CPRT,2025-07-07,49.16,49.4399,48.555,48.83,"1 Safe-and-Steady Stock to Own for Decades and 2 to Think Twice About Stability is great, but low-volatility stocks may struggle to deliver market-beating returns over time as they sometimes underperform during bull markets. Choosing the wrong investments can cause you to fall behind, which is why we started StockStory - to separate the winners from the losers. Keeping that in mind, here is one low-volatility stock that could offer consistent gains and two that may not keep up. Rolling One-Year Beta: 0.93 Going public in October 2020, Array (NASDAQ:ARRY) is a global manufacturer of ground-mounting tracking systems for utility and distributed generation solar energy projects. Why Do We Think ARRY Will Underperform? Array’s stock price of $7.75 implies a valuation ratio of 12.1x forward P/E. Check out our free in-depth research report to learn more about why ARRY doesn’t pass our bar. Rolling One-Year Beta: 0.42 Operating a massive network spanning 20,000 miles of fiber optic cable and connecting to over 3,200 buildings worldwide, Cogent Communications (NASDAQ:CCOI) provides high-speed Internet access, private network services, and data center colocation to businesses and bandwidth-intensive organizations across 54 countries. Why Are We Wary of CCOI? At $50.20 per share, Cogent trades at 6.9x forward EV-to-EBITDA. Dive into our free research report to see why there are better opportunities than CCOI. Rolling One-Year Beta: 0.90 Starting as a single salvage yard in California in 1982, Copart (NASDAQ:CPRT) operates an online auction platform that connects sellers of damaged and salvage vehicles with buyers ranging from dismantlers and rebuilders to used car dealers and exporters. Why Is CPRT a Good Business? Copart is trading at $49.34 per share, or 28.7x forward P/E. Is now the right time to buy? Find out in our full research report, it’s free. Market indices reached historic highs following Donald Trump’s presidential victory in November 2024, but the outlook for 2025 is clouded by new trade policies that could impact business confidence and growth. While this has caused many investors to adopt a ""fearful"" wait-and-see approach, we’re leaning into our best ideas that can grow regardless of the political or macroeconomic climate. Take advantage of Mr. Market by checking out our Top 5 Growth Stocks for this month. This is a curated list of our High Quality stocks that have generated a market-beating return of 183% over the last five years (as of March 31st 2025). Stocks that made our list in 2020 include now familiar names such as Nvidia (+1,545% between March 2020 and March 2025) as well as under-the-radar businesses like the once-micro-cap company Tecnoglass (+1,754% five-year return). Find your next big winner with StockStory today for free. Find your next big winner with StockStory today. Find your next big winner with StockStory today"
CPRT,2025-07-08,48.7,48.8,48.21,48.51,
CPRT,2025-07-09,48.58,48.8,47.3507,47.64,"Is the Options Market Predicting a Spike in Copart Stock? Investors in Copart, Inc. CPRT need to pay close attention to the stock based on moves in the options market lately. That is because the Jan 16, 2025 $27.50 Call had some of the highest implied volatility of all equity options today. Implied volatility shows how much movement the market is expecting in the future. Options with high levels of implied volatility suggest that investors in the underlying stocks are expecting a big move in one direction or the other. It could also mean there is an event coming up soon that may cause a big rally or a huge sell off. However, implied volatility is only one piece of the puzzle when putting together an options trading strategy. Clearly, options traders are pricing in a big move for Copart share, but what is the fundamental picture for the company? Currently, Copart is a Zacks Rank #4 (Sell) in the Auction and Valuation Services Industry that ranks in the Bottom 2% of our Zacks Industry Rank. Over the last 60days, no analyst has increased his estimate for the current quarter, while three have revised their estimates downward. The net effect has taken our Zacks Consensus Estimate for the current quarter to move from 39 cents per share to 37 cents in the same time period. Given the way analysts feel about Copart right now, this huge implied volatility could mean there’s a trade developing. Often times, options traders look for options with high levels of implied volatility to sell premium. This is a strategy many seasoned traders use because it captures decay. At expiration, the hope for these traders is that the underlying stock does not move as much as originally expected. Check out the simple yet high-powered approach that Zacks Executive VP Kevin Matras has used to close recent double and triple-digit winners. In addition to impressive profit potential, these trades can actually reduce your risk. Click to see the trades now >> Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Copart, Inc. (CPRT) : Free Stock Analysis Report This article originally published on Zacks Investment Research (zacks.com). Zacks Investment Research"
CPRT,2025-07-10,47.75,48.3298,47.35,47.99,"Copart (CPRT) Fell After the Announcement of Quarterly Results SVN Capital, an investment management company, released its SVN Capital Fund second quarter 2025 investor letter. A copy of the letter can be downloaded here. The fund returned +6.26% net in the first half of 2025. The letter addressed the uncertainty and volatility in the market caused by policy changes, along with the portfolio and performance attributes. In addition, you can check the fund’s top 5 holdings to determine its best picks for 2025. In its second quarter 2025 investor letter, SVN Capital Fund highlighted stocks such as Copart, Inc. (NASDAQ:CPRT). Copart, Inc. (NASDAQ:CPRT) is an online auction and vehicle remarketing services providing company. The one-month return of Copart, Inc. (NASDAQ:CPRT) was -5.66%, and its shares lost 11.99% of their value over the last 52 weeks. On July 9, 2025, Copart, Inc. (NASDAQ:CPRT) stock closed at $47.64 per share, with a market capitalization of $46.065 billion. SVN Capital Fund stated the following regarding Copart, Inc. (NASDAQ:CPRT) in its second quarter 2025 investor letter: A busy car auction being held at a leading car dealership, buyers and sellers engaging in active bidding. Copart, Inc. (NASDAQ:CPRT) is not on our list of 30 Most Popular Stocks Among Hedge Funds. As per our database, 57 hedge fund portfolios held Copart, Inc. (NASDAQ:CPRT) at the end of the first quarter, which was 53 in the previous quarter. While we acknowledge the potential of CPRT as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock. In another article, we covered Copart, Inc. (NASDAQ:CPRT) and shared the list of best 52-week low stocks to buy. In addition, please check out our hedge fund investor letters Q2 2025 page for more investor letters from hedge funds and other leading investors. READ NEXT: The Best and Worst Dow Stocks for the Next 12 Months and 10 Unstoppable Stocks That Could Double Your Money. Disclosure: None. This article is originally published at Insider Monkey."
CPRT,2025-07-11,47.46,47.46,47.41,47.46,"Copart, Inc. (CPRT): A Bull Case Theory We came across a bullish thesis on Copart, Inc. on Business Invest’s Substack by Francesco Ferrari. In this article, we will summarize the bulls’ thesis on CPRT. Copart, Inc. 's share was trading at $49.64 as of July 1st. CPRT’s trailing and forward P/E were 32.87 and 28.01 respectively according to Yahoo Finance. Copart, Inc. (CPRT), a leading player in the online vehicle auction space, has delivered an impressive 15.6% sales CAGR over the past five years, showcasing the strength of its capital-light, highly automated business model. However, to justify a 2x increase in market value by 2030 under a simulated scenario, the company would need to achieve a steep 26.98% CAGR in revenue between 2025 and 2030—an assumption that appears highly ambitious given its historical growth trajectory. This scenario also assumes modest net dilution of just 0.5%, a 32% terminal profit margin (already near peak levels for the business), and a rich 30x sentiment multiple. While CPRT commands a premium due to its dominant market position, scalability, and robust margins, relying on sustained investor optimism to support such a high terminal multiple introduces considerable valuation risk. The model suggests that even if CPRT maintains strong operational efficiency, a doubling in market value within five years would require a revenue ramp far beyond its historical pace, putting into question the realism of these assumptions. Given that profit margins are already elevated and market saturation in key regions may limit expansion, the reliance on continued bullish sentiment rather than fundamentals becomes a fragile foundation. While Copart remains a quality business with enviable metrics, the path to doubling its market cap appears to require either aggressive and sustained top-line acceleration or an unrealistic continuation of lofty market multiples—both of which present risks investors should carefully weight. Previously we covered a bullish thesis on Copart, Inc. by Andvari in May 2025, which highlighted its strong balance sheet, disciplined capital allocation, and strategic disaster response capabilities. The company’s stock has depreciated approximately by 7.5% since our coverage as growth concerns weighed on sentiment. Francesco Ferrari shares a contrarian view but emphasizes valuation risks and unrealistic growth assumptions. CPRT isn't on our list of the 30 Most Popular Stocks Among Hedge Funds. While we acknowledge the risk and potential of CPRT as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an extremely cheap AI stock that is also a major beneficiary of Trump tariffs and onshoring, see our free report on the best short-term AI stock. READ NEXT: 8 Best Wide Moat Stocks to Buy Now and 30 Most Important AI Stocks According to BlackRock. Disclosure: None. This article was originally published at Insider Monkey."
CPRT,2025-07-14,47.265,47.57,46.765,47.13,"1 Large-Cap Stock on Our Buy List and 2 to Keep Off Your Radar Large-cap stocks have the power to shape entire industries thanks to their size and widespread influence. With such vast footprints, however, finding new areas for growth is much harder than for smaller, more agile players. This dynamic can trouble even the most skilled investors, but luckily for you, we started StockStory to help you navigate these trade-offs and uncover exceptional companies that break the mold. Keeping that in mind, here is one large-cap stock whose competitive advantages creates flywheel effects and two whose existing offerings may be tapped out. Market Cap: $30.35 billion With a presence in more than 100 countries, Constellation Brands (NYSE:STZ) is a globally renowned producer and marketer of beer, wine, and spirits. Why Is STZ Not Exciting? Constellation Brands’s stock price of $171.99 implies a valuation ratio of 13.4x forward P/E. Check out our free in-depth research report to learn more about why STZ doesn’t pass our bar. Market Cap: $73.45 billion With roots dating back to 1863 and a presence across 26 states primarily in the Midwest and West, U.S. Bancorp (NYSE:USB) is one of America's largest banks providing lending, deposit services, wealth management, payment processing, and merchant services to individuals and businesses. Why Do We Think Twice About USB? At $47.22 per share, U.S. Bancorp trades at 1.3x forward P/B. Dive into our free research report to see why there are better opportunities than USB. Market Cap: $45.89 billion Starting as a single salvage yard in California in 1982, Copart (NASDAQ:CPRT) operates an online auction platform that connects sellers of damaged and salvage vehicles with buyers ranging from dismantlers and rebuilders to used car dealers and exporters. Why Will CPRT Outperform? Copart is trading at $47.51 per share, or 27.6x forward P/E. Is now the right time to buy? Find out in our full research report, it’s free. The market surged in 2024 and reached record highs after Donald Trump’s presidential victory in November, but questions about new economic policies are adding much uncertainty for 2025. While the crowd speculates what might happen next, we’re homing in on the companies that can succeed regardless of the political or macroeconomic environment. Put yourself in the driver’s seat and build a durable portfolio by checking out our Top 5 Growth Stocks for this month. This is a curated list of our High Quality stocks that have generated a market-beating return of 183% over the last five years (as of March 31st 2025). Stocks that made our list in 2020 include now familiar names such as Nvidia (+1,545% between March 2020 and March 2025) as well as under-the-radar businesses like the once-small-cap company Exlservice (+354% five-year return). Find your next big winner with StockStory today for free. Find your next big winner with StockStory today. Find your next big winner with StockStory today StockStory is growing and hiring equity analyst and marketing roles. Are you a 0 to 1 builder passionate about the markets and AI? See the open roles here."
CPRT,2025-07-15,46.98,46.98,45.52,45.9,"3 Services Stocks Worth Your Attention Business services providers use their specialized expertise to help enterprises streamline operations and cut costs. But cutbacks in corporate spending and the threat of new AI products have kept sentiment in check, and over the past six months, the industry has tumbled by 2.1%. This performance was disappointing since the S&P 500 climbed 5.4%. Only some companies are subject to these dynamics, however, and a handful of high-quality businesses can deliver earnings growth in any environment. With that said, here are three services stocks boasting durable advantages. Market Cap: $45.57 billion Starting as a single salvage yard in California in 1982, Copart (NASDAQ:CPRT) operates an online auction platform that connects sellers of damaged and salvage vehicles with buyers ranging from dismantlers and rebuilders to used car dealers and exporters. Why Are We Bullish on CPRT? Copart’s stock price of $47.34 implies a valuation ratio of 27.5x forward P/E. Is now the time to initiate a position? Find out in our full research report, it’s free. Market Cap: $1.12 billion Operating as a professional employer organization (PEO) that serves over 8,000 companies with more than 120,000 worksite employees, Barrett Business Services (NASDAQ:BBSI) provides management solutions that help small and mid-sized businesses handle human resources, payroll, workers' compensation, and other administrative functions. Why Could BBSI Be a Winner? Barrett is trading at $43.61 per share, or 19.3x forward P/E. Is now the right time to buy? See for yourself in our in-depth research report, it’s free. Market Cap: $1.50 billion Originally developed for World Expo '67 in Montreal as an innovative projection system, IMAX (NYSE:IMAX) provides proprietary large-format cinema technology and systems that deliver immersive movie experiences with enhanced image quality and sound. Why Should You Buy IMAX? At $27.78 per share, IMAX trades at 22.3x forward P/E. Is now a good time to buy? Find out in our full research report, it’s free. Market indices reached historic highs following Donald Trump’s presidential victory in November 2024, but the outlook for 2025 is clouded by new trade policies that could impact business confidence and growth. While this has caused many investors to adopt a ""fearful"" wait-and-see approach, we’re leaning into our best ideas that can grow regardless of the political or macroeconomic climate. Take advantage of Mr. Market by checking out our Top 6 Stocks for this week. This is a curated list of our High Quality stocks that have generated a market-beating return of 183% over the last five years (as of March 31st 2025). Stocks that made our list in 2020 include now familiar names such as Nvidia (+1,545% between March 2020 and March 2025) as well as under-the-radar businesses like the once-small-cap company Comfort Systems (+782% five-year return). Find your next big winner with StockStory today for free. Find your next big winner with StockStory today. Find your next big winner with StockStory today StockStory is growing and hiring equity analyst and marketing roles. Are you a 0 to 1 builder passionate about the markets and AI? See the open roles here."
CPRT,2025-07-16,46.155,46.2999,45.67,45.98,
CPRT,2025-07-17,45.965,46.3,45.59,45.89,
CPRT,2025-07-18,46.11,46.67,45.555,45.969,"Wedgewood Partners Continues to Hold Copart (CPRT) Wedgewood Partners, an investment management company, released its second-quarter 2025 investor letter. A copy of the letter can be downloaded here. In the second quarter, Wedgewood Composite’s net return was 7.1% compared to the Standard & Poor’s 10.9%, the Russell 1000 Growth Index’s 17.8%, and the Russell 1000 Value Index’s 3.8% return for the same period. In addition, you can check the fund’s best 5 holdings to know its best picks in 2025. In its second quarter 2025 investor letter, Wedgewood Partners highlighted stocks such as Copart, Inc. (NASDAQ:CPRT). Copart, Inc. (NASDAQ:CPRT) is an online auction and vehicle remarketing services providing company. The one-month return of Copart, Inc. (NASDAQ:CPRT) was -4.16%, and its shares lost 11.15% of their value over the last 52 weeks. On July 17, 2025, Copart, Inc. (NASDAQ:CPRT) stock closed at $45.89 per share, with a market capitalization of $44.373 billion. Wedgewood Partners stated the following regarding Copart, Inc. (NASDAQ:CPRT) in its second quarter 2025 investor letter: A busy car auction being held at a leading car dealership, buyers and sellers engaging in active bidding. Copart, Inc. (NASDAQ:CPRT) is not on our list of 30 Most Popular Stocks Among Hedge Funds. As per our database, 57 hedge fund portfolios held Copart, Inc. (NASDAQ:CPRT) at the end of the first quarter, which was 53 in the previous quarter. While we acknowledge the potential of CPRT as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock. In another article, we covered Copart, Inc. (NASDAQ:CPRT) and shared SVN Capital Fund's views on the company. In addition, please check out our hedge fund investor letters Q2 2025 page for more investor letters from hedge funds and other leading investors. READ NEXT: The Best and Worst Dow Stocks for the Next 12 Months and 10 Unstoppable Stocks That Could Double Your Money. Disclosure: None. This article is originally published at Insider Monkey."
CPRT,2025-07-21,45.98,46.39,45.955,46.03,
CPRT,2025-07-22,46.05,46.86,45.93,46.39,"Here’s Why Copart (CPRT) Lagged the Market Madison Investments, an investment advisor, released its “Madison Large Cap Fund” second-quarter 2025 investor letter. A copy of the letter can be downloaded here. In the second quarter, the fund (Class Y) increased 3.1%, compared to a 10.9% gain for the S&P 500 index. In addition, please check the fund’s top five holdings to know its best picks in 2025. In its second quarter 2025 investor letter, Madison Large Cap Fund highlighted stocks such as Copart, Inc. (NASDAQ:CPRT). Copart, Inc. (NASDAQ:CPRT) is an online auction and vehicle remarketing services company. The one-month return of Copart, Inc. (NASDAQ:CPRT) was -3.54%, and its shares lost 12.37% of their value over the last 52 weeks. On July 21, 2025, Copart, Inc. (NASDAQ:CPRT) stock closed at $46.03 per share, with a market capitalization of $44.508 billion. Madison Large Cap Fund stated the following regarding Copart, Inc. (NASDAQ:CPRT) in its second quarter 2025 investor letter: A busy car auction being held at a leading car dealership, buyers and sellers engaging in active bidding. Copart, Inc. (NASDAQ:CPRT) is not on our list of 30 Most Popular Stocks Among Hedge Funds. As per our database, 57 hedge fund portfolios held Copart, Inc. (NASDAQ:CPRT) at the end of the first quarter, which was 53 in the previous quarter. While we acknowledge the potential of Copart, Inc. (NASDAQ:CPRT) as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock. In another article, we covered Copart, Inc. (NASDAQ:CPRT) and shared Wedgewood Partners' views on the company. In addition, please check out our hedge fund investor letters Q2 2025 page for more investor letters from hedge funds and other leading investors. READ NEXT: The Best and Worst Dow Stocks for the Next 12 Months and 10 Unstoppable Stocks That Could Double Your Money. Disclosure: None. This article is originally published at Insider Monkey."
CPRT,2025-07-23,46.53,46.93,46.175,46.83,
CPRT,2025-07-24,46.7,46.81,45.985,46.27,
CPRT,2025-07-25,46.35,46.7,46.22,46.69,"Copart Sees Insider Stock Selling Insiders were net sellers of Copart, Inc.'s (NASDAQ:CPRT ) stock during the past year. That is, insiders sold more stock than they bought. Although we don't think shareholders should simply follow insider transactions, we do think it is perfectly logical to keep tabs on what insiders are doing. We've found 21 US stocks that are forecast to pay a dividend yield of over 6% next year. See the full list for free. Over the last year, we can see that the biggest insider sale was by the Executive Chairman, A. Adair, for US$32m worth of shares, at about US$63.79 per share. We generally don't like to see insider selling, but the lower the sale price, the more it concerns us. The silver lining is that this sell-down took place above the latest price (US$46.27). So it may not shed much light on insider confidence at current levels. A. Adair was the only individual insider to sell over the last year. You can see a visual depiction of insider transactions (by companies and individuals) over the last 12 months, below. By clicking on the graph below, you can see the precise details of each insider transaction! Check out our latest analysis for Copart For those who like to find hidden gems this free list of small cap companies with recent insider purchasing, could be just the ticket. Many investors like to check how much of a company is owned by insiders. Usually, the higher the insider ownership, the more likely it is that insiders will be incentivised to build the company for the long term. Copart insiders own about US$3.7b worth of shares (which is 8.2% of the company). This kind of significant ownership by insiders does generally increase the chance that the company is run in the interest of all shareholders. It doesn't really mean much that no insider has traded Copart shares in the last quarter. It's heartening that insiders own plenty of stock, but we'd like to see more insider buying, since the last year of Copart insider transactions don't fill us with confidence. If you are like me, you may want to think about whether this company will grow or shrink. Luckily, you can check this free report showing analyst forecasts for its future. Of course, you might find a fantastic investment by looking elsewhere. So take a peek at this free list of interesting companies. For the purposes of this article, insiders are those individuals who report their transactions to the relevant regulatory body. We currently account for open market transactions and private dispositions of direct interests only, but not derivative transactions or indirect interests. Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) simplywallst.com. This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned."
CPRT,2025-07-28,46.805,46.805,46.015,46.08,"[""Copart\u2019s Quarterly Earnings Preview: What You Need to Know Commanding a market capitalization of $45.1 billion, Copart, Inc. (CPRT) is a global leader in online vehicle auctions and remarketing services, facilitating the sale of over 4 million vehicles annually across 200+ locations in 11 countries. Founded in 1982 and headquartered in Dallas, it serves insurance companies, dealers, and fleet operators through its proprietary VB3 auction platform. The automobile reseller is expected to announce its fiscal Q4 earnings results on Wednesday, Sept. 3. Prior to this event, analysts expect CPRT to report a profit of $0.37 per share, up nearly 12.1% from $0.33 per share in the year-ago quarter. The company has surpassed or met Wall Street's earnings estimates in three of the last four quarters while missing on another occasion. Warren Buffett Warns Inflation Turns Business Into \u2018The Upside-Down World of Alice in Wonderland\u2019 But Weeds Out \u2018Bad Businesses\u2019 Why GOOGL Stock May Be the Market\u2019s Next Big Winner Alphabet Posts Lower Free Cash Flow and FCF Margins - Is GOOGL Stock Overvalued? Get exclusive insights with the FREE Barchart Brief newsletter. Subscribe now for quick, incisive midday market analysis you won't find anywhere else. For fiscal 2025, analysts project Copart to report an EPS of $1.56, up 11.4% from a profit of $1.40 in fiscal 2024. Shares of Copart have fallen 7.4% over the past 52 weeks, trailing the S&P 500 Index's ($SPX) 18.3% return and the Industrial Select Sector SPDR Fund\u2019s (XLI) 24.8% rise over the same time frame. On May 22, Copart released its Q3 2025 earnings, and its shares slumped 11.5%. While revenue grew 7.5% year-over-year to $1.2 billion, it missed consensus estimates by 2.5%, primarily due to a 2.1% decline in vehicle sales. Service revenues rose 9.3% year-over-year to $1 billion. Its EPS stood at $0.42, up 7.7% from the prior-year quarter and in line with analysts' expectations. Wall Street analysts are moderately optimistic about Copart\u2019s stock, with a \""Moderate Buy\"" rating overall. Among the nine analysts covering the stock, four recommend \""Strong Buy,\"" and five suggest \u201cHold.\u201d The mean price target for CPRT is $60.14, indicating a modest 28.8% potential upside from the current levels. On the date of publication, Kritika Sarmah did not have (either directly or indirectly) positions in any of the securities mentioned in this article. All information and data in this article is solely for informational purposes. This article was originally published on Barchart.com"", ""Copart (CPRT) Fell as It Missed Revenue Expectations Conestoga Capital Advisors, an asset management company, released its second-quarter 2025 investor letter. A copy of the letter can be downloaded here. The second quarter began with a historically poor start but gained momentum later as tariff fears subsided and market volatility dropped precipitously. Conestoga Mid Cap Composite returned 3.46% net-of-fees in the quarter, trailing the Russell Mid Cap Growth Index\u2019s 18.20% return. After a strong first quarter in 2025, investor enthusiasm shifted towards high-beta and AI stocks following the \""Liberation Day\"" announcements, creating a narrow leadership group that posed challenges for the Mid Cap Strategy in the second quarter. Please review the fund's top 5 holdings to gain insight into their key selections for 2025. In its second quarter 2025 investor letter, Conestoga Capital Advisors highlighted stocks such as Copart, Inc. (NASDAQ:CPRT). Copart, Inc. (NASDAQ:CPRT) is an online auction and vehicle remarketing services company. The one-month return of Copart, Inc. (NASDAQ:CPRT) was -4.85%, and its shares lost 8.54% of their value over the last 52 weeks. On July 25, 2025, Copart, Inc. (NASDAQ:CPRT) stock closed at $46.69 per share, with a market capitalization of $45.15 billion. Conestoga Capital Advisors stated the following regarding Copart, Inc. (NASDAQ:CPRT) in its second quarter 2025 investor letter: A busy car auction being held at a leading car dealership, buyers and sellers engaging in active bidding. Copart, Inc. (NASDAQ:CPRT) is not on our list of 30 Most Popular Stocks Among Hedge Funds. As per our database, 57 hedge fund portfolios held Copart, Inc. (NASDAQ:CPRT) at the end of the first quarter, which was 53 in the previous quarter. While we acknowledge the potential of Copart, Inc. (NASDAQ:CPRT) as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock. In another article, we covered Copart, Inc. (NASDAQ:CPRT) and shared the list of best extremely profitable stocks to buy. In addition, please check out our hedge fund investor letters Q2 2025 page for more investor letters from hedge funds and other leading investors. READ NEXT: The Best and Worst Dow Stocks for the Next 12 Months and 10 Unstoppable Stocks That Could Double Your Money. Disclosure: None. This article is originally published at Insider Monkey.""]"
CPRT,2025-07-29,46.21,46.575,46.1,46.455,"Copart, Inc. (CPRT) Stock Sinks As Market Gains: Here's Why Copart, Inc. (CPRT) closed the most recent trading day at $46.08, moving -1.31% from the previous trading session. The stock's change was less than the S&P 500's daily gain of 0.02%. At the same time, the Dow lost 0.14%, and the tech-heavy Nasdaq gained 0.33%. The stock of company has fallen by 3.09% in the past month, lagging the Business Services sector's gain of 1.39% and the S&P 500's gain of 4.93%. The upcoming earnings release of Copart, Inc. will be of great interest to investors. The company's upcoming EPS is projected at $0.37, signifying a 12.12% increase compared to the same quarter of the previous year. In the meantime, our current consensus estimate forecasts the revenue to be $1.15 billion, indicating a 7.23% growth compared to the corresponding quarter of the prior year. For the full year, the Zacks Consensus Estimates are projecting earnings of $1.56 per share and revenue of $4.67 billion, which would represent changes of +11.43% and +10.18%, respectively, from the prior year. Investors should also pay attention to any latest changes in analyst estimates for Copart, Inc. These latest adjustments often mirror the shifting dynamics of short-term business patterns. Consequently, upward revisions in estimates express analysts' positivity towards the business operations and its ability to generate profits. Our research suggests that these changes in estimates have a direct relationship with upcoming stock price performance. We developed the Zacks Rank to capitalize on this phenomenon. Our system takes these estimate changes into account and delivers a clear, actionable rating model. The Zacks Rank system, running from #1 (Strong Buy) to #5 (Strong Sell), holds an admirable track record of superior performance, independently audited, with #1 stocks contributing an average annual return of +25% since 1988. Within the past 30 days, our consensus EPS projection remained stagnant. Copart, Inc. is holding a Zacks Rank of #3 (Hold) right now. Digging into valuation, Copart, Inc. currently has a Forward P/E ratio of 29.93. Its industry sports an average Forward P/E of 45.34, so one might conclude that Copart, Inc. is trading at a discount comparatively. The Auction and Valuation Services industry is part of the Business Services sector. At present, this industry carries a Zacks Industry Rank of 219, placing it within the bottom 12% of over 250 industries. The strength of our individual industry groups is measured by the Zacks Industry Rank, which is calculated based on the average Zacks Rank of the individual stocks within these groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1. Ensure to harness Zacks.com to stay updated with all these stock-shifting metrics, among others, in the next trading sessions. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Copart, Inc. (CPRT) : Free Stock Analysis Report This article originally published on Zacks Investment Research (zacks.com). Zacks Investment Research"
CPRT,2025-07-30,46.55,46.74,46.105,46.28,
CPRT,2025-07-31,46.11,46.61,45.22,45.33,
CPRT,2025-08-01,45.37,45.62,45.05,45.51,
CPRT,2025-08-04,45.59,45.98,45.47,45.74,
CPRT,2025-08-05,45.75,46.785,45.75,46.545,"[""2 Nasdaq 100 Stocks Worth Your Attention and 1 That Underwhelm The Nasdaq 100 (^NDX) is known for housing some of the most innovative and fastest-growing companies in the market. But not every stock in the index is a winner - some are struggling with slowing growth, increasing competition, or unsustainable valuations. With rapid innovation comes rapid change, and StockStory is here to help you identify which Nasdaq 100 stocks are still worth your money. That said, here are two Nasdaq 100 stocks driving the future of tech and one best left off your watchlist. Market Cap: $82.26 billion Founded as Nabisco in 1903, Mondelez (NASDAQ:MDLZ) is a packaged snacks powerhouse best known for its Oreo, Cadbury, Toblerone, Ritz, and Trident brands. Why Is MDLZ Not Exciting? Mondelez\u2019s stock price of $63.68 implies a valuation ratio of 19.7x forward P/E. To fully understand why you should be careful with MDLZ, check out our full research report (it\u2019s free). Market Cap: $44.23 billion Starting as a single salvage yard in California in 1982, Copart (NASDAQ:CPRT) operates an online auction platform that connects sellers of damaged and salvage vehicles with buyers ranging from dismantlers and rebuilders to used car dealers and exporters. Why Do We Love CPRT? At $45.86 per share, Copart trades at 26.6x forward P/E. Is now the right time to buy? Find out in our full research report, it\u2019s free. Market Cap: $173.3 billion Pioneering minimally invasive surgery since its first da Vinci system was FDA-cleared in 2000, Intuitive Surgical (NASDAQ:ISRG) develops and manufactures robotic-assisted surgical systems that enable minimally invasive procedures across various medical specialties. Why Do We Watch ISRG? Intuitive Surgical is trading at $483.61 per share, or 57.8x forward P/E. Is now the time to initiate a position? See for yourself in our comprehensive research report, it\u2019s free. When Trump unveiled his aggressive tariff plan in April 2024, markets tanked as investors feared a full-blown trade war. But those who panicked and sold missed the subsequent rebound that\u2019s already erased most losses. Don\u2019t let fear keep you from great opportunities and take a look at Top 9 Market-Beating Stocks. This is a curated list of our High Quality stocks that have generated a market-beating return of 183% over the last five years (as of March 31st 2025). Stocks that made our list in 2020 include now familiar names such as Nvidia (+1,545% between March 2020 and March 2025) as well as under-the-radar businesses like the once-small-cap company Exlservice (+354% five-year return). Find your next big winner with StockStory today for free. Find your next big winner with StockStory today. Find your next big winner with StockStory today StockStory is growing and hiring equity analyst and marketing roles. Are you a 0 to 1 builder passionate about the markets and AI? See the open roles here."", ""Is Wall Street Bullish or Bearish on Copart Stock? Valued at a market cap of $44 billion, Copart, Inc. (CPRT) is a Dallas\u2011based global leader in online vehicle auctions and remarketing, serving insurance firms, dealerships, fleet operators, and individual buyers across 11 countries through its patented VB3 platform and associated brands like BID4U and CrashedToys. Shares of CPRT have lagged behind the broader market over the past 52 weeks. Copart has dipped 12% over this time frame, while the broader S&P 500 Index ($SPX) has gained 18.4%. Moreover, on a YTD basis, the stock is down 20.3%, compared to SPX\u2019s 7.6% rise. Options Traders Expected Palantir Stock's Tamest Earnings Reaction in a Year. Did They Get It Right? Dear Nvidia Stock Fans, Mark Your Calendars for August 27 Tesla Gains on Elon Musk's New Pay Package. Is TSLA Stock a Buy? Tired of missing midday reversals? The FREE Barchart Brief newsletter keeps you in the know. Sign up now! Zooming in further, Copart has also struggled to keep up with the Industrial Select Sector SPDR Fund\u2019s (XLI) 23.1% uptick over the past 52 weeks and 14.7% rise on a YTD basis. Copart released its Q3 2025 earnings on May 22, and its shares slumped 11.5%. While revenue grew 7.5% year-over-year to $1.2 billion, it missed consensus estimates by 2.5%, primarily due to a 2.1% decline in vehicle sales. Service revenues rose 9.3% year-over-year to $1 billion. Its EPS stood at $0.42, up 7.7% from the prior-year quarter and in line with analysts' expectations. For the fiscal year that ended in July, analysts expect Copart\u2019s EPS to grow 11.4% year over year to $1.56. The company\u2019s earnings surprise history is mixed. It exceeded or met the consensus estimates in three of the last four quarters, while missing on another occasion. Among the nine analysts covering the stock, the consensus rating is a \u201cModerate Buy\u201d which is based on four \u201cStrong Buy,\u201d and five \u201cHold\u201d ratings. On Jul. 17, Baird reaffirmed its \u201cOutperform\u201d rating for Copart but lowered the price target from $64 to $55, signaling a more tempered near-term outlook while maintaining confidence in the company\u2019s long-term potential. The mean price target of $60.14 represents a 31.5% premium from CPRT\u2019s current price levels, while the Street-high price target of $66 suggests an upside potential of 44.3%. On the date of publication, Kritika Sarmah did not have (either directly or indirectly) positions in any of the securities mentioned in this article. All information and data in this article is solely for informational purposes. This article was originally published on Barchart.com"", ""Some Investors May Be Worried About Copart's (NASDAQ:CPRT) Returns On Capital What are the early trends we should look for to identify a stock that could multiply in value over the long term? Typically, we'll want to notice a trend of growing return on capital employed (ROCE) and alongside that, an expanding base of capital employed. Put simply, these types of businesses are compounding machines, meaning they are continually reinvesting their earnings at ever-higher rates of return. In light of that, when we looked at Copart (NASDAQ:CPRT) and its ROCE trend, we weren't exactly thrilled. We've found 21 US stocks that are forecast to pay a dividend yield of over 6% next year. See the full list for free. Just to clarify if you're unsure, ROCE is a metric for evaluating how much pre-tax income (in percentage terms) a company earns on the capital invested in its business. Analysts use this formula to calculate it for Copart: Return on Capital Employed = Earnings Before Interest and Tax (EBIT) \u00f7 (Total Assets - Current Liabilities) 0.19 = US$1.7b \u00f7 (US$9.7b - US$657m) (Based on the trailing twelve months to April 2025). Thus, Copart has an ROCE of 19%. On its own, that's a standard return, however it's much better than the 10% generated by the Commercial Services industry. See our latest analysis for Copart In the above chart we have measured Copart's prior ROCE against its prior performance, but the future is arguably more important. If you'd like, you can check out the forecasts from the analysts covering Copart for free. When we looked at the ROCE trend at Copart, we didn't gain much confidence. Around five years ago the returns on capital were 28%, but since then they've fallen to 19%. Although, given both revenue and the amount of assets employed in the business have increased, it could suggest the company is investing in growth, and the extra capital has led to a short-term reduction in ROCE. If these investments prove successful, this can bode very well for long term stock performance. Even though returns on capital have fallen in the short term, we find it promising that revenue and capital employed have both increased for Copart. Furthermore the stock has climbed 85% over the last five years, it would appear that investors are upbeat about the future. So while the underlying trends could already be accounted for by investors, we still think this stock is worth looking into further. Copart could be trading at an attractive price in other respects, so you might find our free intrinsic value estimation for CPRT on our platform quite valuable. For those who like to invest in solid companies, check out this free list of companies with solid balance sheets and high returns on equity. Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) simplywallst.com. This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.""]"
CPRT,2025-08-06,46.7,47.34,46.55,47.11,"Copart, Inc. (CPRT) Ascends While Market Falls: Some Facts to Note In the latest close session, Copart, Inc. (CPRT) was up +1.76% at $46.55. The stock exceeded the S&P 500, which registered a loss of 0.49% for the day. At the same time, the Dow lost 0.14%, and the tech-heavy Nasdaq lost 0.65%. Shares of the company witnessed a loss of 6.33% over the previous month, trailing the performance of the Business Services sector with its loss of 3.04%, and the S&P 500's gain of 0.96%. Market participants will be closely following the financial results of Copart, Inc. in its upcoming release. The company is expected to report EPS of $0.37, up 12.12% from the prior-year quarter. In the meantime, our current consensus estimate forecasts the revenue to be $1.15 billion, indicating a 7.23% growth compared to the corresponding quarter of the prior year. For the annual period, the Zacks Consensus Estimates anticipate earnings of $1.56 per share and a revenue of $4.67 billion, signifying shifts of +11.43% and 0%, respectively, from the last year. Investors might also notice recent changes to analyst estimates for Copart, Inc. These revisions help to show the ever-changing nature of near-term business trends. As such, positive estimate revisions reflect analyst optimism about the business and profitability. Research indicates that these estimate revisions are directly correlated with near-term share price momentum. To take advantage of this, we've established the Zacks Rank, an exclusive model that considers these estimated changes and delivers an operational rating system. The Zacks Rank system, running from #1 (Strong Buy) to #5 (Strong Sell), holds an admirable track record of superior performance, independently audited, with #1 stocks contributing an average annual return of +25% since 1988. Over the past month, there's been no change in the Zacks Consensus EPS estimate. As of now, Copart, Inc. holds a Zacks Rank of #3 (Hold). In terms of valuation, Copart, Inc. is currently trading at a Forward P/E ratio of 26.49. This indicates a discount in contrast to its industry's Forward P/E of 42. The Auction and Valuation Services industry is part of the Business Services sector. At present, this industry carries a Zacks Industry Rank of 211, placing it within the bottom 15% of over 250 industries. The Zacks Industry Rank is ordered from best to worst in terms of the average Zacks Rank of the individual companies within each of these sectors. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1. You can find more information on all of these metrics, and much more, on Zacks.com. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Copart, Inc. (CPRT) : Free Stock Analysis Report This article originally published on Zacks Investment Research (zacks.com). Zacks Investment Research"
CPRT,2025-08-07,47.46,47.47,46.035,46.115,"[""US Vehicle Auction Market Trends 2025-2030 Featuring Openlane, Copart, ACV, RB Global, E Automotive, eBay, COX Automotive, Capital, Cars & Bids, A Better Bid Car, AutoBidMaster, Barrett-Jackson The US vehicle auction market was valued at $3.47 billion in 2024 and is projected to reach $4.48 billion by 2030, driven by digital transformation and a steady supply from fleet operators and lease expirations. The market is expected to grow at a CAGR of 4% from 2025-2030, fueled by increased demand for whole cars and a shift towards online auctions. Technological advancements, such as AI integration, enhance online auction appeal by offering improved bidder experiences. Key players include Copart Inc., COX Automotive, and ACV Auctions Inc., with emerging trends like EV growth and AI-driven platforms reshaping the landscape. Dublin, Aug. 07, 2025 (GLOBE NEWSWIRE) -- The \""US Vehicle Auction Market: Size and Trends with Forecast up to 2030\"" report has been added to ResearchAndMarkets.com's offering. The US vehicle auction market in 2024 was valued at US$3.47 billion. The value of the market is expected to reach US$4.48 billion by 2030. The market is anticipated to grow at a CAGR of approx. CAGR of 4% over the projected period of 2025-2030. The US vehicle auction market's volume has reached 14.26 million units in 2024. Vehicle or auto auctions are a way of selling vehicles through an auction system. These auctions facilitate buyers to make purchases of used and salvage cars via a bidding process. Looking ahead, the market is expected to continue growing due to the ongoing digital transformation, which will further streamline auction processes and enhance customer experiences. Moreover, the steady influx of vehicles from rental car companies, fleet operators, and lease expirations will sustain high inventory levels. Economic factors, such as potential recessions and fluctuating consumer confidence, might also drive more buyers towards cost-effective used vehicles. As electric vehicles (EVs) become more prevalent, their eventual introduction into the secondary market will add a new dimension to vehicle auctions, attracting both traditional and new buyers. The continuously elevating popularity of online auctions is converting into more competition. Multiple VC-backed startups have emerged in recent years providing dealers app-based auction platforms with much lower fees than their physical counterparts. These companies have also lowered the barrier to entry given an asset-light balance sheet (cars could be sold off a dealer's lot), use of \""gig workers\"" for inspection and ship vehicles, and even shared logistics platforms. Some of the strategies among key players in the market for vehicle auction are mergers, acquisitions, collaborations, launching online websites. For instance, in March 2024, OPENLANE, Inc., entered an exclusive partnership with Stellantis to host weekly auctions of young, ex-rental vehicles (including EVs and PHEVs) exclusively on its platform, unlocking premium inventory for its 125,000 dealers across Europe and beyond. On the other hand, in October 2024, ACV Auctions Inc. introduced its analytics suite, ACV MAX and ClearCar, during the Digital Dealer Conference & Expo. These tools provide dealers with real-time insights into bidding patterns, inventory pricing, and buyer behavior, aiming to optimize vehicle sourcing decisions and improve dealership profit margins. Market Segmentation Analysis: By Type: The report provides the bifurcation of the market into two segments based on the type: Whole Car and Salvage Vehicle. In 2024, in terms of value and volume, the whole car held the highest share of the market. Also, the whole car is expected to be the fastest-growing segment in the forecasted period, owing to factors such as the rise in popularity of online car auction sites. Since inventory on an online auction site is available 24/7 and covers a larger geographic area, bidding instances have increased for popular car makes and thus, on an aggregate level, caused their general resale value to increase. Furthermore, off-lease vehicles and fleet cars entering the auction market have provided a steady supply of relatively new and well-maintained cars, attracting more buyers. Dealers also find whole car auctions advantageous for sourcing inventory at competitive prices, which they can then resell at a profit. Thus, this combination of increased demand, improved accessibility, and reliable supply has significantly boosted the market for whole cars in vehicle auctions. By Distribution Channel: The whole car auction market volume has been further analyzed based on the distribution channels: Online and Physical. In 2024, the online whole car auction market held the highest share of the market and is expected to be the fastest-growing segment in the forthcoming years. The shift towards digital platforms has made vehicle auctions more accessible and convenient for both buyers and sellers. Online auctions eliminate geographical barriers, allowing participants from different locations to bid on vehicles without the need for travel. This wider reach significantly expands the potential buyer base. Technological advancements, such as high-quality images, detailed vehicle descriptions, and virtual inspections, have enhanced buyer confidence in making remote purchases. Market Dynamics Growth Drivers Increasing Vehicle's Average Life Growing Internet Users Rise in Vehicle Crashes Hike in Revenue Per Car Auctioned Pricing Strong International Demand Challenges Fluctuations in the Supply of Used Vehicles Vulnerability to Economic Conditions Fraudulent Activities in Online Auctions Market Trends Integration of Online Auction and Artificial Intelligence (AI) Increasing Growth of Electric Vehicles (EVs) Increasing Popularity of Subscription Services Environmental and Regulatory Considerations Extensive Use of Data and Analytic Capabilities to Streamline Operation Change in Consumer Behavior Competitive Landscape: Business Overview, Operating Segments, Business Strategies The US vehicle auction market is highly consolidated. The key players in the US vehicle auction market are: Openlane, Inc. (ADESA) Copart Inc. ACV Auctions Inc. RB Global, Inc. (Insurance Auto Auctions Inc.) E Automotive Inc. (EBlock) eBay, Inc. (eBay Motors) COX Automotive, Inc. (Manheim, Inc.) Capital Auto Auction Cars & Bids General Auction Company A Better Bid Car Auctions AutoBidMaster Barrett-Jackson Auction Company, LLC For more information about this report visit https://www.researchandmarkets.com/r/blh79c About ResearchAndMarkets.com ResearchAndMarkets.com is the world's leading source for international market research reports and market data. We provide you with the latest data on international and regional markets, key industries, the top companies, new products and the latest trends. CONTACT: CONTACT: ResearchAndMarkets.com Laura Wood,Senior Press Manager press@researchandmarkets.com For E.S.T Office Hours Call 1-917-300-0470 For U.S./ CAN Toll Free Call 1-800-526-8630 For GMT Office Hours Call +353-1-416-8900"", ""You should consider these 3 stock picks, portfolio manager says Rockland Trust vice president and portfolio manager Michael Sayers joins Market Domination with Josh Lipton to share his top three stock picks: McCormick (MKC), TJX (TJX), and Copart (CPRT). To watch more expert insights and analysis on the latest market action, check out more Market Domination.""]"
CPRT,2025-08-08,46.08,46.3,45.73,46.185,
CPRT,2025-08-11,46.19,46.89,46.055,46.7,
CPRT,2025-08-12,46.755,47.3,46.115,47.2,"[""Copart, Inc. (CPRT) Advances While Market Declines: Some Information for Investors Copart, Inc. (CPRT) ended the recent trading session at $46.69, demonstrating a +1.09% change from the preceding day's closing price. The stock outperformed the S&P 500, which registered a daily loss of 0.25%. Meanwhile, the Dow experienced a drop of 0.45%, and the technology-dominated Nasdaq saw a decrease of 0.3%. The company's shares have seen a decrease of 2.69% over the last month, not keeping up with the Business Services sector's loss of 1.99% and the S&P 500's gain of 2.71%. The upcoming earnings release of Copart, Inc. will be of great interest to investors. In that report, analysts expect Copart, Inc. to post earnings of $0.37 per share. This would mark year-over-year growth of 12.12%. Our most recent consensus estimate is calling for quarterly revenue of $1.15 billion, up 7.23% from the year-ago period. In terms of the entire fiscal year, the Zacks Consensus Estimates predict earnings of $1.56 per share and a revenue of $4.67 billion, indicating changes of +11.43% and 0%, respectively, from the former year. Investors should also pay attention to any latest changes in analyst estimates for Copart, Inc. Recent revisions tend to reflect the latest near-term business trends. Consequently, upward revisions in estimates express analysts' positivity towards the business operations and its ability to generate profits. Our research demonstrates that these adjustments in estimates directly associate with imminent stock price performance. To capitalize on this, we've crafted the Zacks Rank, a unique model that incorporates these estimate changes and offers a practical rating system. The Zacks Rank system, spanning from #1 (Strong Buy) to #5 (Strong Sell), boasts an impressive track record of outperformance, audited externally, with #1 ranked stocks yielding an average annual return of +25% since 1988. The Zacks Consensus EPS estimate remained stagnant within the past month. Right now, Copart, Inc. possesses a Zacks Rank of #3 (Hold). Valuation is also important, so investors should note that Copart, Inc. has a Forward P/E ratio of 26.75 right now. This denotes a discount relative to the industry average Forward P/E of 41.75. The Auction and Valuation Services industry is part of the Business Services sector. With its current Zacks Industry Rank of 208, this industry ranks in the bottom 16% of all industries, numbering over 250. The Zacks Industry Rank is ordered from best to worst in terms of the average Zacks Rank of the individual companies within each of these sectors. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1. Don't forget to use Zacks.com to keep track of all these stock-moving metrics, and others, in the upcoming trading sessions. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Copart, Inc. (CPRT) : Free Stock Analysis Report This article originally published on Zacks Investment Research (zacks.com). Zacks Investment Research"", ""1 Cash-Producing Stock Worth Your Attention and 2 We Find Risky A company that generates cash isn\u2019t automatically a winner. Some businesses stockpile cash but fail to reinvest wisely, limiting their ability to expand. Cash flow is valuable, but it\u2019s not everything - StockStory helps you identify the companies that truly put it to work. That said, here is one cash-producing company that reinvests wisely to drive long-term success and two best left off your watchlist. Trailing 12-Month Free Cash Flow Margin: 6.2% Founded in 1954, Polaris (NYSE:PII) designs and manufactures high-performance off-road vehicles, snowmobiles, and motorcycles. Why Do We Think PII Will Underperform? Polaris\u2019s stock price of $53.66 implies a valuation ratio of 7.1x forward EV-to-EBITDA. If you\u2019re considering PII for your portfolio, see our FREE research report to learn more. Trailing 12-Month Free Cash Flow Margin: 17.1% Known for its proprietary D-U-N-S Number that serves as a unique identifier for businesses worldwide, Dun & Bradstreet (NYSE:DNB) provides business decisioning data and analytics that help companies evaluate credit risks, verify suppliers, enhance sales productivity, and gain market visibility. Why Is DNB Risky? At $9.10 per share, Dun & Bradstreet trades at 8.5x forward P/E. Read our free research report to see why you should think twice about including DNB in your portfolio, it\u2019s free. Trailing 12-Month Free Cash Flow Margin: 25.7% Starting as a single salvage yard in California in 1982, Copart (NASDAQ:CPRT) operates an online auction platform that connects sellers of damaged and salvage vehicles with buyers ranging from dismantlers and rebuilders to used car dealers and exporters. Why Is CPRT a Good Business? Copart is trading at $46.19 per share, or 27.2x forward P/E. Is now a good time to buy? See for yourself in our comprehensive research report, it\u2019s free. Trump\u2019s April 2025 tariff bombshell triggered a massive market selloff, but stocks have since staged an impressive recovery, leaving those who panic sold on the sidelines. Take advantage of the rebound by checking out our Top 5 Growth Stocks for this month. This is a curated list of our High Quality stocks that have generated a market-beating return of 183% over the last five years (as of March 31st 2025). Stocks that made our list in 2020 include now familiar names such as Nvidia (+1,545% between March 2020 and March 2025) as well as under-the-radar businesses like the once-small-cap company Comfort Systems (+782% five-year return). Find your next big winner with StockStory today for free. Find your next big winner with StockStory today. Find your next big winner with StockStory today StockStory is growing and hiring equity analyst and marketing roles. Are you a 0 to 1 builder passionate about the markets and AI? See the open roles here.""]"
CPRT,2025-08-13,47.27,47.755,47.1,47.65,"A Look At The Fair Value Of Copart, Inc. (NASDAQ:CPRT) Using the 2 Stage Free Cash Flow to Equity, Copart fair value estimate is US$56.94 With US$47.20 share price, Copart appears to be trading close to its estimated fair value The US$58.63 analyst price target for CPRT is 3.0% more than our estimate of fair value Today we'll do a simple run through of a valuation method used to estimate the attractiveness of Copart, Inc. (NASDAQ:CPRT) as an investment opportunity by taking the expected future cash flows and discounting them to today's value. This will be done using the Discounted Cash Flow (DCF) model. Don't get put off by the jargon, the math behind it is actually quite straightforward. We would caution that there are many ways of valuing a company and, like the DCF, each technique has advantages and disadvantages in certain scenarios. Anyone interested in learning a bit more about intrinsic value should have a read of the Simply Wall St analysis model. This technology could replace computers: discover the 20 stocks are working to make quantum computing a reality. We use what is known as a 2-stage model, which simply means we have two different periods of growth rates for the company's cash flows. Generally the first stage is higher growth, and the second stage is a lower growth phase. To start off with, we need to estimate the next ten years of cash flows. Where possible we use analyst estimates, but when these aren't available we extrapolate the previous free cash flow (FCF) from the last estimate or reported value. We assume companies with shrinking free cash flow will slow their rate of shrinkage, and that companies with growing free cash flow will see their growth rate slow, over this period. We do this to reflect that growth tends to slow more in the early years than it does in later years. Generally we assume that a dollar today is more valuable than a dollar in the future, and so the sum of these future cash flows is then discounted to today's value: (""Est"" = FCF growth rate estimated by Simply Wall St) Present Value of 10-year Cash Flow (PVCF) = US$15b After calculating the present value of future cash flows in the initial 10-year period, we need to calculate the Terminal Value, which accounts for all future cash flows beyond the first stage. The Gordon Growth formula is used to calculate Terminal Value at a future annual growth rate equal to the 5-year average of the 10-year government bond yield of 3.1%. We discount the terminal cash flows to today's value at a cost of equity of 6.8%. Terminal Value (TV)= FCF2035 × (1 + g) ÷ (r – g) = US$2.8b× (1 + 3.1%) ÷ (6.8%– 3.1%) = US$77b Present Value of Terminal Value (PVTV)= TV / (1 + r)10= US$77b÷ ( 1 + 6.8%)10= US$40b The total value, or equity value, is then the sum of the present value of the future cash flows, which in this case is US$55b. To get the intrinsic value per share, we divide this by the total number of shares outstanding. Relative to the current share price of US$47.2, the company appears about fair value at a 17% discount to where the stock price trades currently. The assumptions in any calculation have a big impact on the valuation, so it is better to view this as a rough estimate, not precise down to the last cent. We would point out that the most important inputs to a discounted cash flow are the discount rate and of course the actual cash flows. If you don't agree with these result, have a go at the calculation yourself and play with the assumptions. The DCF also does not consider the possible cyclicality of an industry, or a company's future capital requirements, so it does not give a full picture of a company's potential performance. Given that we are looking at Copart as potential shareholders, the cost of equity is used as the discount rate, rather than the cost of capital (or weighted average cost of capital, WACC) which accounts for debt. In this calculation we've used 6.8%, which is based on a levered beta of 0.816. Beta is a measure of a stock's volatility, compared to the market as a whole. We get our beta from the industry average beta of globally comparable companies, with an imposed limit between 0.8 and 2.0, which is a reasonable range for a stable business. See our latest analysis for Copart Strength Currently debt free. Weakness Earnings growth over the past year underperformed the Commercial Services industry. Opportunity Annual revenue is forecast to grow faster than the American market. Good value based on P/E ratio and estimated fair value. Threat Annual earnings are forecast to grow slower than the American market. Whilst important, the DCF calculation shouldn't be the only metric you look at when researching a company. The DCF model is not a perfect stock valuation tool. Instead the best use for a DCF model is to test certain assumptions and theories to see if they would lead to the company being undervalued or overvalued. For instance, if the terminal value growth rate is adjusted slightly, it can dramatically alter the overall result. For Copart, there are three pertinent elements you should further examine: PS. Simply Wall St updates its DCF calculation for every American stock every day, so if you want to find the intrinsic value of any other stock just search here. Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) simplywallst.com. This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned."
CPRT,2025-08-14,47.51,47.58,46.83,46.86,
CPRT,2025-08-15,47.17,47.43,46.85,47.08,
CPRT,2025-08-18,47.22,47.6954,46.79,47.36,
CPRT,2025-08-19,47.548,47.985,47.28,47.81,
CPRT,2025-08-20,47.84,48.61,47.6,47.61,"Copart's Global Reach: How Top Market Presence Fuels Its Durable Duopoly This article first appeared on GuruFocus. When I look at a business, I don't start by pulling up its stock chart. I start with a simpler, sharper question: If I could buy the whole thing at today's price and hold it for the next decade, would I? It's a filter Warren Buffett (Trades, Portfolio) has applied for decades and it forces you to think like an owner, not a trader. On paper, Copart (NASDAQ:CPRT) is an auto salvage auction company. That label undersells what's actually happening here. Beneath the surface, this is a platform business wrapped around a hard-asset network, with economics that get better the bigger it gets. It's the kind of operation that can turn every extra dollar of invested capital into an outsized amount of profit. The question isn't whether Copart is a high-quality enterprise the numbers speak for themselves but whether today's price leaves room for an investor to compound wealth without overpaying for the privilege. Copart's business is straightforward on the surface: it connects sellers of damaged, totaled, or otherwise unwanted vehicles with buyers around the world. Most sellers are large insurance companies, but rental car fleets, finance companies, and dealerships also use the platform. Buyers range from small repair shops and dismantlers to exporters shipping cars and parts overseas. Copart's system takes care of everything towing the vehicle from the accident site, storing it in one of its yards, photographing and listing it on its proprietary online auction platform, and managing the sale, paperwork, and compliance requirements. That's the visible process. The real value creation runs deeper. For sellers, Copart eliminates the hassle of dealing with non-drivable vehicles, speeds up recovery times, and often delivers higher resale values thanks to a global bidding audience. For buyers, it's a dependable, constantly refreshed source of inventory, accessible from anywhere. Revenue comes primarily from service fees on both sides, with ancillary income from storage and transportation. Once the infrastructure is in place, the incremental cost of processing one more car is minimal which is why margins expand as volumes grow. There are no messy segment splits or unrelated sidelines. It's one integrated model, deployed across more than 200 locations with over 10,000 acres of vehicle inventory. That simplicity is part of the moat there's no confusion about what the business does or how it makes money. Copart operates in one of the rare industries where the structure tilts heavily in favor of the incumbent. In the U.S., Copart and IAA (RB Global) together control roughly 80% of the salvage auction market, concentrating pricing power and scale efficiencies in just two networksCopart typically capturing the lion's share of incremental economics. In the U.K., the CMA puts Copart's insurance-customer share at 6070%, over three times the next largest competitora lead built on years of owned-yard infrastructure and seamless process integration. Internationally, the growth runway is substantial, with strong potential based on market trends. Germany's online salvage market is worth about $950 million in 2024 with a projected 21% CAGR through 2030. Brazil sits near $480 million with mid-teens growth, while India, at roughly $230 million, is expanding at an estimated 23% CAGR. Taken together, Copart's entrenched U.S. base and U.K. dominance already secure the bulk of the developed-world salvage auction value pool, while scalable expansion into Germany, Brazil, and India could add over $1.6 billion in addressable market within five yearsat growth rates far exceeding its mature U.S. segment. With RB Global still focused on stabilizing IAA's U.S. base, Copart has a clear first-mover window to entrench itself in these high-growth markets and deepen its network-effect advantage. Copart's scale gives it an even clearer edge. Large insurance companies, the core sellers, have some bargaining power, but switching platforms would mean re-engineering their claims processes and risking lower recovery values. Buyers, by contrast, are many and scattered dismantlers, exporters, repair shops with little individual leverage. There's also no real substitute for Copart's model at scale. Insurers could try running their own auctions, but they'd lose the pricing power that comes from a global bidder base and the operational efficiency of a platform built for this purpose. And building a competitor is far from simple. It's not just a matter of launching software. You need a network of strategically placed storage yards, the zoning and environmental approvals to operate them, a transport fleet, and deep integration with insurer claims systems all of which take years to build. The moat is multi-layered. Network effects create a self-reinforcing loop: more sellers attract more buyers, higher realized prices attract more sellers, and the flywheel turns faster. Economies of scale mean yard and technology costs are spread over more transactions. Switching costs are high for insurers because Copart is embedded into their workflows. And then there's the real estate storage yards near major metros and ports that would be nearly impossible for a new entrant to secure today. Over the past decade, that moat hasn't just held; it's widened. International expansion has opened new buyer pools. Cross-border sales have increased. Disaster response capabilities have been strengthened, cementing relationships with insurers during their most critical moments. Each of these moves makes the platform more valuable and more irreplaceable over time. Copart's cultural DNA is still stamped with the fingerprints of founder Willis Johnson. What started as a single salvage yard in California has grown into a global operator with over 250 locationsand Johnson's imprint runs through every operational decision. He's not just a historical figurehead; as of the latest filings, he still owns over 55.8 million shares, a 5.79% stake that keeps him aligned with shareholders. His son-in-law, Jay Adair, took the helm for more than a decade, steering Copart through its most aggressive growth phase before stepping into the Executive Chairman role in 2024. Adair remains one of the largest shareholders, holding 30.6 million shares, or about 3.17% of the company. The CEO's chair now belongs to Jeff Liawa long-time insider who's worn the CFO and COO hats. Liaw knows where the operational levers are, understands the claims-handling nuances that make Copart indispensable to insurers, and has the financial discipline to keep the moat widening. Insider ownership is high enough to anchor decision-making to long-term compounding rather than short-term optics. The capital allocation record reflects the same discipline. Expansion has come through targeted bolt-on acquisitions that strengthen the network, coupled with steady investment in new yard capacity to support future volumes. When the stock has traded at sensible valuations, management has stepped in with share repurchases never chasing the market, only acting when the math works. There's no dividend. Every dollar of retained earnings is directed toward high-return growth or opportunistic buybacks. For a high-ROIC business with a long runway, that's exactly where you want the cash to go. From fiscal 2014 to 2024, revenue grew from roughly $1.16 billion to over $4.24 billion, a compound annual growth rate around 13.8%. Operating margins have expanded from 27% to 37%, and net margins have held at roughly 32%. Return on invested capital consistently sits around 20%, which tells you that each dollar put back into the business is creating real value for shareholders. Free cash flow in fiscal 2024 came in at roughly $962 million, about 22.7% of revenue. Because Copart owns much of its land, capital expenditures are skewed toward expansion rather than maintenance, making it more capital-light than it might appear. The balance sheet is a fortress: over $4.38 billion in cash & short-term investments, and negligible long-term debt. This combination of strong cash generation and financial flexibility gives Copart resilience in downturns and optionality in pursuing new opportunities. While Copart's long-term appeal lies in its ability to compound steadily, the next few years offer clear drivers for growth. International expansion is still in its early innings, with fragmented markets in Europe, Latin America, and the Middle East ripe for consolidation. Severe weather events hurricanes, floods, hailstorms unfortunately produce spikes in salvage volumes, and Copart's scale and infrastructure allow it to respond quickly and profitably. The rise of electric vehicles is another subtle tailwind: expensive battery packs mean more EVs are declared total losses after moderate accidents, increasing salvage supply. Finally, deeper integration into insurer claims systems reduces the risk of churn and increases transaction volumes. At roughly $47 a share, Copart changes hands at about 30 times trailing earnings and 22 times EBITDA, with a free cash flow yield near 2%. Over the past decade, free cash flow has compounded at roughly 18% annually. If we dial that back to 15% for the next ten years and assume a modest 3% terminal growth rate, discounting at 8% gets you to an enterprise value of about $48.1 billion roughly 18% above where the market prices it today. Copart has rarely looked cheap on traditional multiples. The market has long been willing to pay up for a business with this level of moat, growth consistency, and return profile. At current levels, you're not stealing it, but you're not overpaying in a way that makes future returns an uphill climb either. The margin of safety is slim if you measure it purely on entry price but when the underlying machine compounds at this rate, quality can do some of the heavy lifting. No business is without risk. Copart's customer base is concentrated a handful of large insurers account for a significant portion of volumes, and losing one would leave a mark. The supply of salvage vehicles is linked to accident rates, the proportion of insured vehicles on the road, and miles driven. Any sustained decline in those inputs would ripple through revenue. Regulatory changes whether in title processing, environmental compliance, or cross-border trade could shift the economics. Overseas growth adds its own variables: cultural nuances, legal complexity, and execution demands. And far out on the horizon, autonomous driving could chip away at accident frequency, though that threat remains more theoretical than imminent. These are genuine risks, but they're not existential. Copart's fortress balance sheet, deep integration with insurers, and self-reinforcing network effects give it both the resilience to absorb shocks and the flexibility to adapt. Buying Copart outright today would mean paying roughly $40.8 billion on an enterprise value basis for a company that dominates its domestic market, enjoys duopoly economics, and generates margins and returns on capital that most CEOs can only dream about. It comes with billions in cash, no meaningful debt, and a management team that thinks like owners. Buffett once said, It's far better to buy a wonderful company at a fair price than a fair company at a wonderful price. Copart is firmly in the first camp. If you are searching for a 50-cent dollar, this isn't it. But if you're looking for a dollar that grows steadily in value each year and you're comfortable paying 80 or 90 cents for it, Copart deserves a place on your short list."
CPRT,2025-08-21,47.415,47.755,47.1532,47.68,
CPRT,2025-08-22,48.03,49.23,47.92,48.96,
CPRT,2025-08-25,48.74,48.93,48.38,48.39,
CPRT,2025-08-26,48.34,48.71,48.03,48.645,"Is It Time To Consider Buying Copart, Inc. (NASDAQ:CPRT)? Copart, Inc. (NASDAQ:CPRT) received a lot of attention from a substantial price movement on the NASDAQGS over the last few months, increasing to US$63.43 at one point, and dropping to the lows of US$45.33. Some share price movements can give investors a better opportunity to enter into the stock, and potentially buy at a lower price. A question to answer is whether Copart's current trading price of US$48.39 reflective of the actual value of the large-cap? Or is it currently undervalued, providing us with the opportunity to buy? Let’s take a look at Copart’s outlook and value based on the most recent financial data to see if there are any catalysts for a price change. We've found 21 US stocks that are forecast to pay a dividend yield of over 6% next year. See the full list for free. The stock seems fairly valued at the moment according to our valuation model. It’s trading around 15% below our intrinsic value, which means if you buy Copart today, you’d be paying a reasonable price for it. And if you believe the company’s true value is $56.82, then there isn’t much room for the share price grow beyond what it’s currently trading. So, is there another chance to buy low in the future? Given that Copart’s share is fairly volatile (i.e. its price movements are magnified relative to the rest of the market) this could mean the price can sink lower, giving us an opportunity to buy later on. This is based on its high beta, which is a good indicator for share price volatility. See our latest analysis for Copart Investors looking for growth in their portfolio may want to consider the prospects of a company before buying its shares. Buying a great company with a robust outlook at a cheap price is always a good investment, so let’s also take a look at the company's future expectations. With profit expected to grow by 42% over the next couple of years, the future seems bright for Copart. It looks like higher cash flow is on the cards for the stock, which should feed into a higher share valuation. Are you a shareholder? CPRT’s optimistic future growth appears to have been factored into the current share price, with shares trading around its fair value. However, there are also other important factors which we haven’t considered today, such as the financial strength of the company. Have these factors changed since the last time you looked at the stock? Will you have enough conviction to buy should the price fluctuates below the true value? Are you a potential investor? If you’ve been keeping tabs on CPRT, now may not be the most optimal time to buy, given it is trading around its fair value. However, the optimistic prospect is encouraging for the company, which means it’s worth diving deeper into other factors such as the strength of its balance sheet, in order to take advantage of the next price drop. Diving deeper into the forecasts for Copart mentioned earlier will help you understand how analysts view the stock going forward. Luckily, you can check out what analysts are forecasting by clicking here. If you are no longer interested in Copart, you can use our free platform to see our list of over 50 other stocks with a high growth potential. Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) simplywallst.com. This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned."
CPRT,2025-08-27,48.6,49.13,48.43,48.61,
CPRT,2025-08-28,48.74,48.969,48.56,48.75,"[""Aoris International Fund Exited Its Stake in Copart (CPRT) Aoris Investment Management, a specialist international equity manager, released its \""Aoris International Fund\"" Q2 2025 investor letter. A copy of the letter can be downloaded here. International equity markets, represented by the MSCI AC World Accumulation Index ex Australia, rose by 6.0% in AUD for the June quarter. In local currencies, gains were 9.3%, but currency fluctuations reduced the AUD return by 3.3%. In the June quarter, Portfolio\u2019s Class A (Unhedged) returned 8.2% after fees compared to a 6.0% return for the benchmark. The fund\u2019s Class C (Hedged) returned 10.1% compared to a 9.3% return for the benchmark. In addition, you can check the fund\u2019s top 5 holdings to determine its best picks for 2025. In its second-quarter 2025 investor letter, Aoris International Fund highlighted stocks such as Copart, Inc. (NASDAQ:CPRT). Copart, Inc. (NASDAQ:CPRT) is an online auction and vehicle remarketing services company. The one-month return of Copart, Inc. (NASDAQ:CPRT) was 7.24%, and its shares lost 7.23% of their value over the last 52 weeks. On August 27, 2025, Copart, Inc. (NASDAQ:CPRT) stock closed at $48.61 per share, with a market capitalization of $47.003 billion. Aoris International Fund stated the following regarding Copart, Inc. (NASDAQ:CPRT) in its second quarter 2025 investor letter: Copart, Inc. (NASDAQ:CPRT) is not on our list of 30 Most Popular Stocks Among Hedge Funds. As per our database, 61 hedge fund portfolios held Copart, Inc. (NASDAQ:CPRT) at the end of the second quarter, which was 57 in the previous quarter. While we acknowledge the potential of Copart, Inc. (NASDAQ:CPRT) as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock. In another article, we covered Copart, Inc. (NASDAQ:CPRT) and shared the list of best stocks to buy according to Brasada Capital Management. In addition, please check out our hedge fund investor letters Q2 2025 page for more investor letters from hedge funds and other leading investors. READ NEXT: The Best and Worst Dow Stocks for the Next 12 Months and 10 Unstoppable Stocks That Could Double Your Money. Disclosure: None. This article is originally published at Insider Monkey."", ""Copart, Inc. to Release Fourth Quarter Fiscal 2025 Results DALLAS, August 27, 2025--(BUSINESS WIRE)--Copart, Inc. (NASDAQ: CPRT) announced today that it will release earnings for the fourth quarter of fiscal 2025 after 4:00 p.m. Eastern Time (3:00 p.m. Central) on Thursday, September 4, 2025. On Thursday, September 4, 2025, at 5:30 p.m. Eastern Time (4:30 p.m. Central), Copart will conduct a conference call to discuss the results for the quarter. The call will be webcast live and available for access by clicking \""Listen Here\"" at www.copart.com/investorrelations. A replay of the call will be available through November 2025 at www.copart.com/investorrelations. About Copart Founded in 1982, Copart is a global leader in online vehicle auctions. Copart's innovative technology and online auction platforms connect vehicle consigners to approximately 1 million members in over 185 countries. Copart offers a comprehensive suite of vehicle remarketing services to insurance companies, financial institutions, dealers, rental car companies, charities, fleet operators, and individuals, and offers vehicles via auction to dealers, dismantlers, rebuilders, exporters, and the general public. With operations at over 250 locations in 11 countries, Copart sold more than 4 million units in the last year. Copart currently operates in the United States (Copart.com), Canada (Copart.ca), the United Kingdom (Copart.co.uk), Brazil (Copart.com.br), the Republic of Ireland (Copart.ie), Germany (Copart.de), Finland (Copart.fi), the United Arab Emirates, Oman, and Bahrain (Copartmea.com), and Spain (Copart.es). For more information, or to become a Member, visit Copart.com/Register. View source version on businesswire.com: https://www.businesswire.com/news/home/20250827727036/en/ Contacts Copart Investor Relations investor.relations@copart.com""]"
CPRT,2025-08-29,48.81,49.0136,48.34,48.81,
CPRT,2025-09-02,48.605,49.115,48.035,48.48,
CPRT,2025-09-03,48.38,48.585,47.81,48.115,
CPRT,2025-09-04,49.03,50.11,48.6,49.97,
CPRT,2025-09-05,48.76,48.875,46.14,48.57,"[""Top Stock Movers Now: Broadcom, Docusign, Lululemon, and More U.S. equities turned lower at midday as the latest jobs report showed hiring slowed more than expected in August. Broadcom beat profit and sales estimates and said it had a new $10 billion customer, reportedly artificial intelligence giant OpenAI. Lululemon Athletica slashed its guidance on the costs of tariffs and the removal of the de minimus exemption for lower-priced imported goods. U.S. equities turned lower at midday following the government's weaker-than-expected August employment report. The Dow Jones Industrial Average, S&P 500, and Nasdaq were down. Lululemon Athletica (LULU) was the worst-performing stock in the S&P 500 after the fashion athletic apparel retailer reported lower-than-anticipated comparable store sales on soft demand in the U.S., and cut its guidance on higher costs relating to new tariffs and the removal of the de minimus exemption for lower-priced imports. Shares of Copart (CPRT) dipped when the online auto auctioneer missed revenue estimates as vehicle sales declined. Advanced Micro Devices (AMD) shares fell on a downgrade from Seaport Research, which pointed to concerns about the chipmaker's AI accelerator business. Broadcom (AVGO) was the best-performing stock in the S&P 500 after the software maker posted better-than-anticipated results and said it had a new $10 billion customer. Speculation is that the customer is AI giant OpenAI. Shares of Tesla (TSLA) rose when the electric vehicle maker offered CEO Elon Musk a 10-year pay package that could be worth $1 trillion. Docusign (DOCU) shares jumped when the electronic signature software firm beat profit and sales estimates and raised its outlook as larger customers were using its AI products. Oil futures sank. Gold prices advanced. The yield on the 10-year Treasury note dropped. The U.S. dollar lost ground to the euro, pound, and yen. Most major cryptocurrencies traded higher. Read the original article on Investopedia"", ""Copart (NASDAQ:CPRT) Misses Q2 Sales Expectations Online vehicle auction company Copart (NASDAQ:CPRT) missed Wall Street\u2019s revenue expectations in Q2 CY2025, but sales rose 5.2% year on year to $1.13 billion. Its GAAP profit of $0.41 per share was 13.3% above analysts\u2019 consensus estimates. Is now the time to buy Copart? Find out in our full research report. Revenue: $1.13 billion vs analyst estimates of $1.16 billion (5.2% year-on-year growth, 3.2% miss) EPS (GAAP): $0.41 vs analyst estimates of $0.36 (13.3% beat) Adjusted EBITDA: $466.6 million vs analyst estimates of $460.8 million (41.5% margin, 1.3% beat) Operating Margin: 36.7%, up from 33.6% in the same quarter last year Free Cash Flow Margin: 31.2%, up from 28.2% in the same quarter last year Market Capitalization: $46.53 billion Starting as a single salvage yard in California in 1982, Copart (NASDAQ:CPRT) operates an online auction platform that connects sellers of damaged and salvage vehicles with buyers ranging from dismantlers and rebuilders to used car dealers and exporters. Reviewing a company\u2019s long-term sales performance reveals insights into its quality. Any business can experience short-term success, but top-performing ones enjoy sustained growth for years. With $4.65 billion in revenue over the past 12 months, Copart is one of the larger companies in the business services industry and benefits from a well-known brand that influences purchasing decisions. As you can see below, Copart\u2019s sales grew at an incredible 16.1% compounded annual growth rate over the last five years. This is a great starting point for our analysis because it shows Copart\u2019s demand was higher than many business services companies. Long-term growth is the most important, but within business services, a half-decade historical view may miss new innovations or demand cycles. Copart\u2019s annualized revenue growth of 9.6% over the last two years is below its five-year trend, but we still think the results suggest healthy demand. We can better understand the company\u2019s revenue dynamics by analyzing its most important segment, Service . Over the last two years, Copart\u2019s Service revenue (processing and selling cars) averaged 11.5% year-on-year growth. This segment has outperformed its total sales during the same period, lifting the company\u2019s performance. This quarter, Copart\u2019s revenue grew by 5.2% year on year to $1.13 billion, missing Wall Street\u2019s estimates. Looking ahead, sell-side analysts expect revenue to grow 9% over the next 12 months, similar to its two-year rate. This projection is admirable and implies the market is baking in success for its products and services. Here at StockStory, we certainly understand the potential of thematic investing. Diverse winners from Microsoft (MSFT) to Alphabet (GOOG), Coca-Cola (KO) to Monster Beverage (MNST) could all have been identified as promising growth stories with a megatrend driving the growth. So, in that spirit, we\u2019ve identified a relatively under-the-radar profitable growth stock benefiting from the rise of AI, available to you FREE via this link. Copart has been a well-oiled machine over the last five years. It demonstrated elite profitability for a business services business, boasting an average operating margin of 38.4%. Analyzing the trend in its profitability, Copart\u2019s operating margin decreased by 5.7 percentage points over the last five years. This raises questions about the company\u2019s expense base because its revenue growth should have given it leverage on its fixed costs, resulting in better economies of scale and profitability. This quarter, Copart generated an operating margin profit margin of 36.7%, up 3 percentage points year on year. This increase was a welcome development and shows it was more efficient. We track the long-term change in earnings per share (EPS) for the same reason as long-term revenue growth. Compared to revenue, however, EPS highlights whether a company\u2019s growth is profitable. Copart\u2019s astounding 16.9% annual EPS growth over the last five years aligns with its revenue performance. This tells us it maintained its per-share profitability as it expanded. Like with revenue, we analyze EPS over a more recent period because it can provide insight into an emerging theme or development for the business. For Copart, its two-year annual EPS growth of 12.2% was lower than its five-year trend. We still think its growth was good and hope it can accelerate in the future. In Q2, Copart reported EPS of $0.41, up from $0.33 in the same quarter last year. This print easily cleared analysts\u2019 estimates, and shareholders should be content with the results. Over the next 12 months, Wall Street expects Copart\u2019s full-year EPS of $1.60 to grow 6%. It was good to see Copart beat analysts\u2019 EBITDA and EPS expectations this quarter despite a revenue miss. Overall, this print was decent. The stock traded up 2% to $51 immediately following the results. Copart may have had a good quarter, but does that mean you should invest right now? If you\u2019re making that decision, you should consider the bigger picture of valuation, business qualities, as well as the latest earnings. We cover that in our actionable full research report which you can read here, it\u2019s free."", ""Apple upgraded, AMD downgraded: Wall Street\u2019s top analyst calls The most talked about and market moving research calls around Wall Street are now in one place. Here are today\u2019s research calls that investors need to know, as compiled by The Fly. Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence. Top Upgrades: MoffettNathanson upgraded Apple (AAPL) to Neutral from Sell with a $225 price target. A number of key headwinds have faded and the \u201cworst-case scenarios are off the table,\u201d the firm tells investors. Evercore ISI upgraded Brinker (EAT) to Outperform from In Line with a price target of $210, up from $190. The firm sees upside to consensus estimates in the near term and sustainable same-store sales growth potential from Brinker\u2019s improving customer satisfaction measures. RBC Capital upgraded Leidos (LDOS) to Outperform from Sector Perform with a price target of $210, up from $180. The firm\u2019s bullish thesis is underpinned by continued strength and execution in Leidos\u2019 Health Services business, strong defense portfolio positioning, increased confidence under CEO Tom Bell and the revised strategic direction, the firm tells investors in a research note. HSBC upgraded Copart (CPRT) to Buy from Hold with a price target of $62, up from $56. The firm says the stock\u2019s 20% decline since the fiscal Q3 results bring an attractive entry point. Top Downgrades: Seaport Research downgraded AMD (AMD) to Neutral from Buy with no price target. Recent supply chain checks point to AMD seeing slowing growth in its AI accelerator business, the firm tells investors. Gordon Haskett downgraded Dollar Tree (DLTR) to Reduce from Hold with a $95 price target. Following the Q2 earnings report, the firm remains concerned with Dollar Tree\u2019s move into higher price points. Evercore ISI downgraded Texas Roadhouse (TXRH) to In Line from Outperform with a $190 price target. Texas Roadhouse continues to sustain strong same-store sales and traffic growth, but the firm is reducing its 2025 and 2026 EPS estimates as its base case now assumes double-digit beef inflation persists through the first half of 2026. BofA downgraded Brookfield Asset Management (BAM) to Neutral from Buy with a $68 price target. The firm views the asset manager as \u201cnot best positioned\u201d among peers for U.S. retail and 401(k) opportunities after President Trump\u2019s executive order; it calls Brookfield the \u201cmost expensive asset manager in the world\u201d following the stock\u2019s price performance since April; it notes that Brookfield\u2019s capital intensity has increased; and it views the addition of the stock to the S&P 500 as \u201cunlikely\u201d over the near-term. DA Davidson downgraded Duolingo (DUOL) to Neutral from Buy with a price target of $300, down from $500. The firm\u2019s proprietary data shows Duolingo\u2019s active user growth continuing to decelerate and suggests that active users and subscribers are tracking below Q3 consensus estimates. Top Initiations: Piper Sandler analyst Anna Andreeva assumed coverage of Elf Beauty (ELF) with an Overweight rating and $150 price target. With the category showing signs of stabilization, Elf\u2019s pipeline of innovation robust, comparisons easing the rest of the year, with higher pricing as a tailwind, and contribution from Rhode still ahead, sell side estimates are upwardly biased, the firm says. Oppenheimer initiated coverage of Entegris (ENTG) with a Perform rating and $95 price target. The firm says Entegris is potentially a compelling investment, but its full promise is still unfolding, requiring patience, constrained by industry cycles and an extended balance sheet from the $6.5B purchase of CMC in June 2022, Oppenheimer argues. Wolfe Research initiated coverage of Middleby (MIDD) with an Outperform rating and $163 price target. The firm views Middleby as a \u201chigh-quality, defensive growth business\u201d with strong margins and \u201cunderappreciated\u201d free cash flow. Mizuho initiated coverage of Quanta Services (PWR) with a Neutral rating and $360 price target. The company is positioned to benefit from grid and electrification \u201csuper-cycle,\u201d with secular growth in data centers, grid modernization, and clean energy, the firm tells investors in a research note. Guggenheim initiated coverage of Summit Therapeutics (SMMT) with a Buy rating and $40 price target. If Summit\u2019s HARMONi-3/7 first-line lung cancer trials are successful on PFS/OS in 2027-2028, the firm has \u201chigh conviction the stock still has multi-fold upside potential from today\u2019s ~$20bn valuation.\u201d Published first on TheFly \u2013 the ultimate source for real-time, market-moving breaking financial news. Try Now>> See Insiders\u2019 Hot Stocks on TipRanks >> Read More on AAPL: Disclaimer & DisclosureReport an Issue Why Is Neonode Stock (NEON) Down 75% Today? Morgan Stanley sees Apple raising iPhone prices for first time in years Apple\u2019s App Store revenue up 11% y/y in August, says UBS Apple upgraded to Neutral at MoffettNathanson with headwinds having faded Apple upgraded to Neutral from Sell at MoffettNathanson"", ""Copart Q4 Earnings Surpass Estimates, Revenues Increase Y/Y Copart, Inc. CPRT reported fourth-quarter fiscal 2025 (ended July 31, 2025) adjusted earnings per share of 41 cents, which beat the Zacks Consensus Estimate of 37 cents. The bottom line increased 24.24% year over year. The online auto auction leader generated revenues of $1.13 billion, missing the Zacks Consensus Estimate of $1.15 billion. The top line, however, rose 5.25% from the year-ago reported figure. Copart, Inc. price-consensus-eps-surprise-chart | Copart, Inc. Quote Copart\u2019s fiscal fourth-quarter service revenues were $956.2 million, which increased from $893.1 million recorded in the year-ago period. However, the figure missed the Zacks Consensus Estimate of $969 million. Service revenues accounted for 84.98% of total revenues. Vehicle sales totaled $168.89 million in the quarter, which declined from the prior-year quarter\u2019s $175.91 million and the Zacks Consensus Estimate of $178 million. Although global insurance volumes declined approximately 2% year over year in the fourth quarter of fiscal 2025, total loss frequency in the United States was 22.2% compared with 21.5% in the corresponding quarter of the previous year. Rising vehicle complexity, calibration needs and escalating repair costs continue to drive higher total loss rates, which benefit Copart\u2019s business as a higher total loss rate leads to more salvage vehicles, a key driver of its revenues. While yard operations expenses rose 2.8% year over year to $418.5 million, the cost of vehicle sales declined 9% to $147.4 million. Yard depreciation and amortization came in at $47.17 million, up 5.9% year over year. Yard stock-based compensation increased 18.5% to $2.31 million. Gross profit was up 12.4% year over year to $509.72 million. General and administrative expenses rose 3.1% from the prior-year quarter to $83.9 million. Total operating expenses rose 0.4% to $712.5 million. Operating income rose to $412.6 million from $359.5 million recorded in the year-ago quarter. Net income also grew 22.7% year over year to $395.31 million. Copart had cash, cash equivalents and restricted cash of $2.78 billion as of July 31, 2025, compared with $1.51 billion as of July 31, 2024. Net cash from operating activities and capex during fiscal 2025 totaled $1.8 billion and $569 million, respectively. CPRT currently carries a Zacks Rank #3 (Hold). You can see the complete list of today\u2019s Zacks #1 Rank (Strong Buy) stocks here. Mobileye Global Inc. MBLY reported second-quarter 2025 adjusted earnings per share of 13 cents. The figure beat the Zacks Consensus Estimate of 11 cents. The company reported earnings per share of 9 cents in the year-ago quarter. Total revenues amounted to $506 million, beating the Zacks Consensus Estimate of $485 million. The metric also rose 15.26% year over year. MBLY had cash and cash equivalents of $1.71 billion as of June 28, 2025, compared with $1.43 billion as of Dec. 28, 2024. Operating cash flow for the six months ended June 28, 2025, was $322 million. Capex was $28 million during the same time frame. Group 1 Automotive GPI reported second-quarter 2025 adjusted earnings per share (EPS) of $11.52, which beat the Zacks Consensus Estimate of $10.31 and rose 17.5% year over year. The automotive retailer registered net sales of $5.7 billion, which beat the Zacks Consensus Estimate of $5.55 billion. The top line also rose from the year-ago quarter\u2019s $4.7 billion. Group 1 had cash and cash equivalents of $52.7 million as of June 30, 2025, up from $34.4 million as of Dec. 31, 2024. Total debt was $3.2 billion as of June 30, 2025, up from $2.91 billion as of Dec. 31, 2024. Lear Corp. LEA reported its second-quarter 2025 adjusted earnings per share of $3.47, which beat the Zacks Consensus Estimate of $3.23, thanks to better-than-expected revenues and profits from the Seating and E-System segments. The bottom line, however, decreased from $3.60 reported in the year-ago quarter. In the reported quarter, revenues remained flat year over year at $6.03 billion and beat the Zacks Consensus Estimate of $5.89 billion. The company had $888 million in cash and cash equivalents as of June 28, 2025, compared with $1.05 billion as of Dec. 31, 2024. Long-term debt was $2.76 billion as of June 28, 2025, up from 2024-end levels. During the quarter under discussion, net cash used in operating activities totaled $296.2 million. The company posted an FCF of $170.8 million in the quarter. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Lear Corporation (LEA) : Free Stock Analysis Report Group 1 Automotive, Inc. (GPI) : Free Stock Analysis Report Copart, Inc. (CPRT) : Free Stock Analysis Report Mobileye Global Inc. (MBLY) : Free Stock Analysis Report This article originally published on Zacks Investment Research (zacks.com). Zacks Investment Research"", ""Copart Inc (CPRT) Q4 2025 Earnings Call Highlights: Record Revenue and Strategic Growth Amid ... This article first appeared on GuruFocus. Global Revenue: $1.13 billion for the quarter, $4.65 billion for fiscal year 2025, reflecting 5.2% and 9.7% growth respectively. Global Service Revenue: Increased by $63.1 million (7%) for the quarter and $407.7 million (11.4%) for the fiscal year. US Service Revenue Growth: 6.2% for the quarter and 10.4% for the year. International Service Revenue Growth: 13% for the fourth quarter and 18.9% for the year. Global Gross Profit: $509.7 million for the quarter, $2.1 billion for the fiscal year, with gross margin percentages of 45.3% and 45.2% respectively. US Gross Profit: $440.3 million for the quarter, gross margin of 47.5%. International Gross Profit: $69.5 million for the quarter, $268 million for the fiscal year, with gross margins of 34.9% and 33.9% respectively. GAAP Operating Income: Increased by 14.8% to $412.6 million for the quarter, 8% to $1.7 billion for the fiscal year. GAAP Net Income: Increased by 22.9% to $396.4 million for the quarter, 13.9% to $1.55 billion for the fiscal year. Global ASP Growth: 5.6% in the fourth quarter, 2.4% for the full year. Liquidity: $6 billion, including $4.8 billion in cash and held-to-maturity securities. Is CPRT fairly valued? Test your thesis with our free DCF calculator. Release Date: September 04, 2025 For the complete transcript of the earnings call, please refer to the full earnings call transcript. Copart Inc (NASDAQ:CPRT) reported a record year with growth in units sold, revenue, and operating profits. Global insurance volume grew by 4.5% for the fiscal year 2025, with US insurance volume increasing by 4.2%. Copart's auction platform is uniquely digital and global, with 300,000 registered members from around the world, enhancing auction liquidity. Average selling prices (ASPs) for insurance vehicles grew by 5.4% globally and 5.7% in the US, outpacing industry indices. Copart's Blue Car segment, servicing bank, rental, and fleet partners, showed strong growth of 15.3% for the fiscal year. Global insurance volumes sold decreased by 1.9% in the fourth quarter, with US volumes declining by 2.1%. Fourth-quarter unit sales in the US declined by 1.8%, with purchase units dropping significantly by 16.7%. Global inventory levels decreased by 13.1% year-over-year, with US inventory down by 14.8%. Facility-related costs increased by 3.2% in the fourth quarter and 13.7% for the full fiscal year, impacting margins. The transition of low-value non-insurance units to a direct buy channel resulted in a 32.6% decline in unit sales for the fourth quarter. Q: How is advanced technology, including AI, impacting Copart's business model and the industry? What changes do you foresee in the next 5 to 10 years? A: Jeffrey Liaw, CEO, explained that AI is widely deployed at Copart, enhancing decision support tools for sellers, customer support, and auction processes. AI helps in making instantaneous total loss decisions and improves efficiency. In the future, AI will continue to make operations more efficient and unlock new opportunities. Q: What is the impact of electric vehicles (EVs) on total loss frequency, and how might this change over the next decade? A: Liaw noted that while EV penetration varies by country, EVs tend to total more easily due to their advanced technology, such as sensors and cameras, which complicate repairs. This trend is favorable for total loss frequency and selling prices. Q: What are Copart's priorities for the new fiscal year in terms of operations and market presence? A: Liaw emphasized the importance of auction liquidity, which supports serving insurance clients and winning new business. Copart focuses on reducing friction in the member experience and enhancing auction platform depth to drive outstanding selling prices for clients. Q: With record cash levels, what is Copart's approach to capital returns and M&A over the next 24 months? A: Liaw stated that Copart consistently returns cash to shareholders via buybacks and is always exploring M&A opportunities that enhance their service proposition. The cash position does not directly influence M&A strategy but provides flexibility for potential acquisitions. Q: Can you elaborate on the decline in assignments and how it relates to CAT events? A: Leah Stearns, CFO, clarified that the decline in assignments was low single-digit and not significantly impacted by CAT events, as there were not many assignments from CAT in either period. For the complete transcript of the earnings call, please refer to the full earnings call transcript."", ""Stephens Adjusts Copart Price Target to $46 From $50, Maintains Equal Weight Rating Copart (CPRT) has an average rating of overweight and mean price target of $57.29, according to anal"", ""JPMorgan Adjusts Copart Price Target to $50 From $55, Maintains Neutral Rating Copart (CPRT) has an average rating of overweight and mean price target of $57.29, according to anal"", ""Copart Reports Fourth Quarter Fiscal 2025 Financial Results DALLAS, September 04, 2025--(BUSINESS WIRE)--Copart, Inc. (NASDAQ: CPRT) today reported financial results for the quarter and year ended July 31, 2025. For the three months ended July 31, 2025, revenue, gross profit, and net income attributable to Copart, Inc. were $1.1 billion, $510 million, and $396 million, respectively. These represent an increase in revenue of $56.1 million, or 5.2%; an increase in gross profit of $56.1 million, or 12.4%; and an increase in net income attributable to Copart, Inc. of $73.8 million, or 22.9%, respectively, from the same period last year. Fully diluted earnings per share for the three months ended July 31, 2025 was $0.41 compared to $0.33 last year, an increase of 24.2%. For the year ended July 31, 2025, revenue, gross profit, and net income attributable to Copart, Inc. were $4.6 billion, $2.1 billion, and $1.6 billion, respectively. These represent an increase in revenue of $410.1 million, or 9.7%; an increase in gross profit of $192.4 million, or 10.1%; and an increase in net income attributable to Copart, Inc. of $189.4 million, or 13.9%, respectively, from the same period last year. Fully diluted earnings per share for the year ended July 31, 2025 was $1.59 compared to $1.40 last year, an increase of 13.6%. On Thursday, September 4, 2025, at 5:30 p.m. Eastern Time (4:30 p.m. Central Time), Copart, will conduct a conference call to discuss the results for the quarter. The call will be webcast live and can be accessed at www.copart.com/investorrelations. A replay of the call will be available through November 2025 by visiting www.copart.com/investorrelations. About Copart Copart, Inc., founded in 1982, is a global leader in online vehicle auctions. Copart\u2019s innovative technology and online auction platforms connect vehicle consignors to approximately 1 million members in over 185 countries. Copart offers a comprehensive suite of vehicle remarketing services to insurance companies, financial institutions, dealers, rental car companies, charities, fleet operators, and individuals, and offers vehicles via auction to dealers, dismantlers, rebuilders, exporters, and the general public. With operations at over 250 locations in 11 countries, Copart sold more than 4 million units in the last year. Copart currently operates in the United States (Copart.com), Canada (Copart.ca), the United Kingdom (Copart.co.uk), Brazil (Copart.com.br), the Republic of Ireland (Copart.ie), Germany (Copart.de), Finland (Copart.fi), the United Arab Emirates, Oman and Bahrain (Copartmea.com), and Spain (Copart.es). For more information, or to become a Member, visit Copart.com/register. Cautionary Note About Forward-Looking Statements This press release contains forward-looking statements within the meaning of federal securities laws. These forward-looking statements are subject to substantial risks and uncertainties. These forward-looking statements are subject to certain risks, trends and uncertainties that could cause actual results to differ materially from those projected or implied by our statements and comments. For a more complete discussion of the risks that could affect our business, please review the \""Management\u2019s Discussion and Analysis\"" and the other risks identified in Copart\u2019s latest Annual Report on Form 10-K, Quarterly Reports on Form 10-Q, and Current Reports on Form 8-K, as filed with the Securities and Exchange Commission. We encourage investors to review these disclosures carefully. We do not undertake to update any forward-looking statement that may be made from time to time on our behalf. View source version on businesswire.com: https://www.businesswire.com/news/home/20250904778552/en/ Contacts Copart Investor Relations investor.relations@copart.com"", ""CPRT Q2 Deep Dive: Auction Liquidity and Operational Shifts Shape Outlook Online vehicle auction company Copart (NASDAQ:CPRT) missed Wall Street\u2019s revenue expectations in Q2 CY2025, but sales rose 5.2% year on year to $1.13 billion. Its GAAP profit of $0.41 per share was 13.3% above analysts\u2019 consensus estimates. Is now the time to buy CPRT? Find out in our full research report (it\u2019s free). Revenue: $1.13 billion vs analyst estimates of $1.16 billion (5.2% year-on-year growth, 3.2% miss) EPS (GAAP): $0.41 vs analyst estimates of $0.36 (13.3% beat) Adjusted EBITDA: $466.2 million vs analyst estimates of $460.8 million (41.4% margin, 1.2% beat) Operating Margin: 36.7%, up from 33.6% in the same quarter last year Market Capitalization: $48.32 billion Copart\u2019s second quarter results were met with a negative market reaction, as the company missed Wall Street\u2019s revenue expectations but delivered a notable earnings per share outperformance. Management attributed the revenue shortfall to softer insurance volumes and a strategic shift in the handling of lower-value vehicles, which are now being processed through Copart\u2019s direct buy channel. CEO Jeff Liaw highlighted that broader trends in insurance coverage and accident frequency are affecting assignment volumes, noting, \u201cYear-over-year growth rates\u2026were softer than in the first half for several reasons, including the ebbs and flows of business activity among individual auto insurance carriers.\u201d Looking ahead, management\u2019s guidance is influenced by ongoing investments in auction liquidity, digital platform enhancements, and the increasing complexity of vehicle repairs. The company believes that its differentiated online auction model and growing international buyer base will continue to provide a competitive edge. CFO Leah Stearns emphasized the importance of operational efficiency and further adoption of technology to compress vehicle cycle times, stating, \u201cWe continue to invest in expanded operational capacity to support our continued growth.\u201d Management also pointed to the potential for future M&A activity and share buybacks as capital allocation priorities. Management emphasized that a combination of industry trends and operational changes had the largest impact on quarterly results, especially shifts in insurance assignments and evolving vehicle sourcing strategies. Insurance volume softness: Copart experienced a decline in global and U.S. insurance volumes, tied to changes in consumer insurance coverage and fewer accident claims, which management linked to elevated insurance premiums and gradual declines in accident frequency. Auction liquidity investments: The company continued to invest in its digital auction platform to attract a wider pool of buyers, particularly internationally, with international members now accounting for around 40% of vehicles sold at U.S. auctions. Direct buy channel transition: Copart shifted a significant volume of low-value non-insurance vehicles to its direct buy channel, resulting in lower reported unit sales but improved efficiency and cost avoidance for vehicles not processed through company facilities. Fee-based business mix: There was a notable increase in fee units, especially in Germany, as more insurance units transitioned from purchase contracts to consignment arrangements, supporting higher margins and profitability. Blue Car and international growth: The Blue Car program, which serves banks, rental, and fleet partners, and international operations both saw continued growth, partially offsetting softness in some non-insurance categories and providing diversification beyond the core U.S. insurance segment. Management\u2019s outlook centers on enhancing auction liquidity, deploying advanced technology, and adapting to shifts in insurance and vehicle sourcing. Technology and AI deployment: Management is leveraging artificial intelligence and large language models to streamline decision-making for insurance clients, reduce cycle times, and improve customer support, which they believe will drive efficiency gains and stronger seller returns over time. Auction liquidity and buyer diversity: Continued investments in digital infrastructure and marketing are aimed at growing Copart\u2019s global buyer base, especially among international participants, which management expects will help maintain robust selling prices and offset regional volume swings. Non-insurance and wholesale expansion: The company plans to expand offerings for non-insurance sellers and enhance integration of wholesale and repo auctions, which management sees as synergistic with its insurance business and key to long-term volume growth. Looking ahead, the StockStory team will be monitoring (1) the pace and impact of technology-driven cycle time reductions, (2) the company\u2019s ability to grow international and non-insurance volume while maintaining margins, and (3) further adoption of Copart\u2019s direct buy and wholesale platforms. Progress on capital deployment, including M&A or share repurchases, will also be important to track. Copart currently trades at $48.90, down from $49.99 just before the earnings. Is the company at an inflection point that warrants a buy or sell? Find out in our full research report (it\u2019s free). Donald Trump\u2019s April 2025 \""Liberation Day\"" tariffs sent markets into a tailspin, but stocks have since rebounded strongly, proving that knee-jerk reactions often create the best buying opportunities. The smart money is already positioning for the next leg up. Don\u2019t miss out on the recovery - check out our Top 5 Strong Momentum Stocks for this week. This is a curated list of our High Quality stocks that have generated a market-beating return of 183% over the last five years (as of March 31st 2025). Stocks that made our list in 2020 include now familiar names such as Nvidia (+1,545% between March 2020 and March 2025) as well as under-the-radar businesses like the once-micro-cap company Tecnoglass (+1,754% five-year return). Find your next big winner with StockStory today. StockStory is growing and hiring equity analyst and marketing roles. Are you a 0 to 1 builder passionate about the markets and AI? See the open roles here."", ""BNP Paribas Exane Adjusts Copart Price Target to $58 From $66, Maintains Outperform Rating Copart (CPRT) has an average rating of overweight and mean price target of $57.29, according to anal"", ""Copart (CPRT) Stock Is Up, What You Need To Know Shares of online vehicle auction company Copart (NASDAQ:CPRT) jumped 3% in the afternoon session after HSBC upgraded the stock to Buy from Hold, lifting its price target to $62.00 from $56.00. The upgrade comes after the stock fell approximately 20% since its third-quarter fiscal 2025 results were released in late May. HSBC analysts noted that while there are market concerns about stalling growth and rising competition, they believe the slower volume growth is likely temporary. The bank highlighted Copart's impressive historical growth and stated that the recent share price decline provides an attractive entry point for a high-quality company with long-term potential. HSBC also pointed to other levers, such as margins and share buybacks, that could drive continued earnings expansion for the online vehicle auction company. After the initial pop the shares cooled down to $49.70, up 3.3% from previous close. Is now the time to buy Copart? Access our full analysis report here, it\u2019s free. Copart\u2019s shares are not very volatile and have only had 4 moves greater than 5% over the last year. In that context, today\u2019s move indicates the market considers this news meaningful, although it might not be something that would fundamentally change its perception of the business. The biggest move we wrote about over the last year was 3 months ago when the stock dropped 11.4% on the news that the company reported weak first quarter 2025 result that missed Wall Street's sales and EBITDA estimates, while earnings were in line. Overall this was a weaker quarter. Copart is down 11.8% since the beginning of the year, and at $49.70 per share, it is trading 22.2% below its 52-week high of $63.84 from May 2025. Investors who bought $1,000 worth of Copart\u2019s shares 5 years ago would now be looking at an investment worth $1,921. Today\u2019s young investors likely haven\u2019t read the timeless lessons in Gorilla Game: Picking Winners In High Technology because it was written more than 20 years ago when Microsoft and Apple were first establishing their supremacy. But if we apply the same principles, then enterprise software stocks leveraging their own generative AI capabilities may well be the Gorillas of the future. So, in that spirit, we are excited to present our Special Free Report on a profitable, fast-growing enterprise software stock that is already riding the automation wave and looking to catch the generative AI next."", ""Copart Shares Rise After Upgrade From HSBC Copart (CPRT) shares were up more than 3% in recent trading on Thursday after HSBC upgraded the comp"", ""Copart, Inc. (CPRT) Q4 Earnings Beat Estimates Copart, Inc. (CPRT) came out with quarterly earnings of $0.41 per share, beating the Zacks Consensus Estimate of $0.37 per share. This compares to earnings of $0.33 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of +10.81%. A quarter ago, it was expected that this company would post earnings of $0.42 per share when it actually produced earnings of $0.42, delivering no surprise. Over the last four quarters, the company has surpassed consensus EPS estimates two times. Copart, which belongs to the Zacks Auction and Valuation Services industry, posted revenues of $1.13 billion for the quarter ended July 2025, missing the Zacks Consensus Estimate by 1.85%. This compares to year-ago revenues of $1.07 billion. The company has topped consensus revenue estimates two times over the last four quarters. The sustainability of the stock's immediate price movement based on the recently-released numbers and future earnings expectations will mostly depend on management's commentary on the earnings call. Copart shares have lost about 16.2% since the beginning of the year versus the S&P 500's gain of 9.6%. While Copart has underperformed the market so far this year, the question that comes to investors' minds is: what's next for the stock? There are no easy answers to this key question, but one reliable measure that can help investors address this is the company's earnings outlook. Not only does this include current consensus earnings expectations for the coming quarter(s), but also how these expectations have changed lately. Empirical research shows a strong correlation between near-term stock movements and trends in earnings estimate revisions. Investors can track such revisions by themselves or rely on a tried-and-tested rating tool like the Zacks Rank, which has an impressive track record of harnessing the power of earnings estimate revisions. Ahead of this earnings release, the estimate revisions trend for Copart was mixed. While the magnitude and direction of estimate revisions could change following the company's just-released earnings report, the current status translates into a Zacks Rank #3 (Hold) for the stock. So, the shares are expected to perform in line with the market in the near future. You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here. It will be interesting to see how estimates for the coming quarters and the current fiscal year change in the days ahead. The current consensus EPS estimate is $0.42 on $1.24 billion in revenues for the coming quarter and $1.73 on $5.06 billion in revenues for the current fiscal year. Investors should be mindful of the fact that the outlook for the industry can have a material impact on the performance of the stock as well. In terms of the Zacks Industry Rank, Auction and Valuation Services is currently in the top 40% of the 250 plus Zacks industries. Our research shows that the top 50% of the Zacks-ranked industries outperform the bottom 50% by a factor of more than 2 to 1. Skillsoft Corp. (SKIL), another stock in the broader Zacks Business Services sector, has yet to report results for the quarter ended July 2025. The results are expected to be released on September 9. This company is expected to post quarterly loss of $2.10 per share in its upcoming report, which represents a year-over-year change of +12.5%. The consensus EPS estimate for the quarter has remained unchanged over the last 30 days. Skillsoft Corp.'s revenues are expected to be $129.24 million, down 2.3% from the year-ago quarter. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Copart, Inc. (CPRT) : Free Stock Analysis Report Skillsoft Corp. (SKIL) : Free Stock Analysis Report This article originally published on Zacks Investment Research (zacks.com). Zacks Investment Research"", ""Copart Fiscal Q4 Earnings, Revenue Rise; Shares Gain After Hours Copart (CPRT) reported fiscal Q4 earnings late Thursday of $0.41 per diluted share, up from $0.33 a""]"
CPRT,2025-09-08,48.67,49.16,47.365,48.76,
CPRT,2025-09-09,48.54,49.11,47.925,48.07,
CPRT,2025-09-10,47.9,48.61,47.685,48.52,
CPRT,2025-09-11,48.57,49.05,48.23,48.9,
CPRT,2025-09-12,48.63,48.96,48.38,48.4,
CPRT,2025-09-15,48.675,48.77,47.38,47.6,
CPRT,2025-09-16,47.53,47.63,46.32,46.57,
CPRT,2025-09-17,47.21,47.56,46.53,46.61,
CPRT,2025-09-18,46.9,47.0,45.37,45.45,
CPRT,2025-09-19,45.42,46.21,45.27,45.85,
CPRT,2025-09-22,45.48,45.95,45.21,45.38,
CPRT,2025-09-23,45.26,45.66,44.9538,45.28,
CPRT,2025-09-24,45.2,45.64,45.06,45.371,
CPRT,2025-09-25,45.31,45.35,44.67,44.89,
CPRT,2025-09-26,45.05,45.155,44.7,44.87,
CPRT,2025-09-29,45.16,45.35,44.475,44.6,
CPRT,2025-09-30,44.44,44.995,44.23,44.945,
CPRT,2025-10-01,44.94,45.735,44.81,45.09,
CPRT,2025-10-02,44.825,44.96,44.35,44.57,
CPRT,2025-10-03,44.6,45.23,44.47,45.11,
CPRT,2025-10-06,45.255,45.355,44.12,44.45,
CPRT,2025-10-07,44.45,44.73,44.14,44.23,
CPRT,2025-10-08,44.3,44.955,44.24,44.93,
CPRT,2025-10-09,44.93,45.1,44.0,44.04,
CPRT,2025-10-10,44.215,44.405,43.71,43.88,
CPRT,2025-10-13,43.86,44.491,43.77,44.07,
CPRT,2025-10-14,44.01,44.915,43.985,44.77,
CPRT,2025-10-15,44.88,45.0,44.4,44.575,
CPRT,2025-10-16,44.97,44.97,43.32,44.055,
CPRT,2025-10-17,44.02,44.59,43.82,44.34,
CPRT,2025-10-20,44.5,44.83,44.24,44.76,
CPRT,2025-10-21,44.83,45.89,44.645,45.76,
CPRT,2025-10-22,44.93,44.93,44.685,44.93,
CPRT,2025-10-23,44.98,45.18,44.495,44.67,
CPRT,2025-10-24,45.105,45.2607,44.56,44.66,
CPRT,2025-10-27,44.7,44.79,44.105,44.16,
CPRT,2025-10-28,44.0,44.3365,43.71,44.07,
CPRT,2025-10-29,43.695,43.695,42.4,42.52,
CPRT,2025-10-30,42.42,42.99,42.26,42.48,
CPRT,2025-10-31,42.21,43.05,41.96,43.011,
CPRT,2025-11-03,42.79,43.03,42.32,43.0,
CPRT,2025-11-04,43.33,43.38,42.635,42.85,
CPRT,2025-11-05,42.68,42.95,41.83,41.93,
CPRT,2025-11-06,41.69,41.7,39.575,39.98,
CPRT,2025-11-07,40.21,40.54,39.745,40.51,
CPRT,2025-11-10,40.63,41.54,39.73,41.401,
CPRT,2025-11-11,41.42,41.6698,40.99,41.34,
CPRT,2025-11-12,41.195,42.05,41.16,41.28,
CPRT,2025-11-13,41.06,41.9005,40.8,41.62,
CPRT,2025-11-14,41.49,41.74,40.855,41.08,
CPRT,2025-11-17,40.92,41.6165,40.76,41.34,
CPRT,2025-11-18,41.34,41.75,41.06,41.32,
CPRT,2025-11-19,41.42,41.7,41.1,41.39,
CPRT,2025-11-20,41.385,41.79,40.87,41.07,
CPRT,2025-11-21,40.112,40.91,39.385,40.73,
CPRT,2025-11-24,40.62,40.645,38.675,38.91,
CPRT,2025-11-25,39.17,39.585,38.82,39.06,
CPRT,2025-11-26,39.05,39.215,38.67,38.74,
CPRT,2025-11-28,38.92,39.29,38.81,38.98,
CPRT,2025-12-01,38.66,39.6775,38.61,39.15,
CPRT,2025-12-02,39.275,39.45,38.805,38.96,
CPRT,2025-12-03,38.91,39.29,38.73,38.85,
CPRT,2025-12-04,38.95,39.15,38.675,38.8,
CPRT,2025-12-05,38.9,38.98,38.64,38.72,
CPRT,2025-12-08,38.72,38.79,38.18,38.41,
CPRT,2025-12-09,38.41,38.595,38.2625,38.44,
CPRT,2025-12-10,38.4,39.275,38.35,39.19,
CPRT,2025-12-11,39.19,39.375,38.61,38.69,
CPRT,2025-12-12,38.9,39.0,38.57,38.67,
CPRT,2025-12-15,39.06,39.54,38.585,38.67,
CPRT,2025-12-16,38.76,39.23,38.59,39.15,
CPRT,2025-12-17,38.842,39.425,38.842,39.1,
CPRT,2025-12-18,39.16,39.495,39.01,39.2,
CPRT,2025-12-19,39.37,39.5,39.02,39.07,
CPRT,2025-12-22,39.014,39.545,38.96,39.36,
CPRT,2025-12-23,39.34,39.4,38.855,39.15,
CPRT,2025-12-24,39.11,39.175,38.945,39.1,
CPRT,2025-12-26,39.06,39.328,38.99,39.3,
CPRT,2025-12-29,39.3,39.5699,39.08,39.49,
CPRT,2025-12-30,39.41,39.725,39.28,39.5,
CPRT,2025-12-31,39.35,39.495,39.13,39.15,
CPRT,2026-01-02,39.145,39.145,37.605,37.77,
CPRT,2026-01-05,37.6,39.1451,37.415,38.535,
CPRT,2026-01-06,38.43,39.06,38.325,38.95,
CPRT,2026-01-07,38.96,39.23,38.14,38.19,
CPRT,2026-01-08,38.07,39.52,37.88,39.04,
CPRT,2026-01-09,39.14,40.075,38.77,39.83,
CPRT,2026-01-12,39.78,40.13,39.555,39.92,
CPRT,2026-01-13,39.83,40.24,39.45,39.87,
CPRT,2026-01-14,39.82,40.305,39.785,39.99,
CPRT,2026-01-15,40.13,41.305,39.91,41.272,
CPRT,2026-01-16,41.18,41.265,40.46,41.04,
CPRT,2026-01-20,40.84,40.87,40.25,40.74,
CPRT,2026-01-21,40.92,41.79,40.73,41.31,
CPRT,2026-01-22,41.31,41.79,41.16,41.27,
CPRT,2026-01-23,41.14,41.78,41.12,41.4,
CPRT,2026-01-26,41.31,41.6,41.19,41.54,
CPRT,2026-01-27,41.3,41.3,40.145,40.37,
CPRT,2026-01-28,40.36,40.97,40.3,40.63,
CPRT,2026-01-29,40.65,40.65,39.73,40.28,
CPRT,2026-01-30,39.96,40.64,39.8,40.595,
CPRT,2026-02-02,40.26,40.55,39.66,39.685,
CPRT,2026-02-03,39.5,39.57,38.75,38.95,
CPRT,2026-02-04,39.25,40.25,39.16,40.15,
CPRT,2026-02-05,40.32,40.4,39.5,39.87,
CPRT,2026-02-06,39.86,40.75,39.845,40.36,
CPRT,2026-02-09,40.3,40.41,39.94,40.3,
CPRT,2026-02-10,40.24,40.950371,39.95,40.35,
CPRT,2026-02-11,40.15,40.29,39.445,39.52,
CPRT,2026-02-12,39.5,39.61,36.53,36.73,
CPRT,2026-02-13,37.06,37.905,36.97,37.5,
CPRT,2026-02-17,37.7,37.9605,36.82,37.523,
CPRT,2026-02-18,37.395,37.935,37.2,37.75,
CPRT,2026-02-19,37.675,38.07,37.34,37.65,