CenterBook Partners LP Sells 52,234 Shares of Copart, Inc. $CPRT
CenterBook Partners LP significantly reduced its stake in Copart, Inc. (NASDAQ:CPRT) by 70.8% in Q3, selling over 52,000 shares. This comes amidst other institutional investor activity and notable insider selling by Director Thomas N. Tryforos and CEO Jeffrey Liaw. The company recently missed Q2 earnings estimates, reporting $0.36 EPS against an expected $0.39, with revenue down year-over-year, leading to analyst downgrades and a stock pullback.
Copart (CPRT) Stock Falls After Q4 Earnings Report - Revenue and EPS Below Estimates - News and Statistics
Copart (CPRT) stock declined by 3.5% after its Q4 earnings report revealed revenue of $1.12 billion and earnings per share of $0.36, both falling below Wall Street expectations. The company also experienced a contracted operating margin and missed adjusted EBITDA estimates, leading to a negative investor reaction. Despite historically low volatility, the significant price movement indicates the market's concern over these financial results, with the stock now 4% down year-to-date and 43.2% below its 52-week high.
Copart Inc (NASDAQ:CPRT) Lags Estimates
Copart Inc (NASDAQ:CPRT) reported earnings and revenue below Wall Street estimates for the quarter ending January 31, 2026, leading to a 4.46% stock drop. The company's net income fell 9.5% and operating income declined 8.8%, despite recording record U.S. insurance average selling prices. This underperformance was attributed to softer claims activity and lower global insurance unit volumes.
Why Copart (CPRT) Shares Are Sliding Today
Shares of Copart (CPRT) fell 3.5% after the company reported fourth-quarter financial results that missed Wall Street's expectations for both revenue and earnings. The online vehicle auction company's revenue declined 3.6% year-on-year to $1.12 billion, and earnings per share of $0.36 were 7.5% below consensus estimates. This weak performance, characterized by misses on key metrics and shrinking operating margins, led to a negative reaction from investors.
Copart (CPRT) Analyst Maintains 'Outperform' Rating But Lowers P
Baird has maintained an 'Outperform' rating on Copart (CPRT) but lowered its price target to $48.00 from $52.00, representing a 7.69% decrease. This revision aligns with previous analyst adjustments, including JP Morgan and Barclays, reflecting dynamic shifts in valuation outlooks for the salvage vehicle auction operator. The average one-year price target from 10 analysts is $48.12, suggesting a 32.44% upside from the current price, with GuruFocus estimating an intrinsic value of $58.88.
Quanta Services Inc (NYSE:PWR) Gave Upbeat Guidance
Quanta Services Inc (NYSE:PWR) reported strong fourth-quarter earnings, beating analyst expectations and providing an optimistic outlook for 2026, leading to a 0.15% stock increase. The company achieved a record backlog of $44.0 billion, driven by its Electric Infrastructure Solutions segment, and completed three strategic acquisitions. Quanta expects 2026 revenue between $33.25 billion and $33.75 billion and adjusted EPS of $12.65 to $13.35, both exceeding consensus estimates.
Copart's Land Ownership and Technology Make It the Salvage Auction Leader
Copart, founded in 1982, has become the leading online salvage vehicle auction operator in the US, leveraging its extensive land ownership and advanced technology. The company primarily sells vehicles on consignment from large auto insurers to dismantlers or retailers globally, emphasizing strong insurer relationships and efficient service. Copart's consistent growth is attributed to its expanding storage capacity and its early adoption of online auction platforms since 2003.
ICICI Prudential Asset Management Co Ltd Purchases 50,742 Shares of Copart, Inc. $CPRT
ICICI Prudential Asset Management Co Ltd significantly increased its stake in Copart, Inc. by 419.1%, purchasing an additional 50,742 shares to bring its total holdings to 62,849 shares valued at $2.83 million. This comes despite Copart missing Q2 earnings and revenue estimates and facing significant insider selling. The stock is currently trading below its 50- and 200-day moving averages and near its 12-month low, while institutional investors own 85.78% of the company.
Stocks making the biggest moves premarket: Grail, Blue Owl Capital, Opendoor Technologies & more
Major premarket movers include Grail, which saw shares crater 47% following a failed drug trial, and Opendoor Technologies, which surged 19% on a revenue beat and positive income guidance. Other significant movers include Akamai Technologies and Chemours seeing double-digit drops, while Texas Roadhouse and Comfort Systems posted gains following strong financial updates.
Copart Stock Drops After Q2 Earnings: Here's Why
Copart, Inc. shares dropped in after-hours trading after the company missed analyst estimates for both revenue and earnings in its second-quarter report. The company reported earnings of 36 cents per share against an estimate of 40 cents, and revenue of $1.12 billion, falling short of the $1.14 billion Street estimate and down from the previous year. Analysts have varied ratings on the stock, with price targets ranging from $33 to $52.
BNP PARIBAS ASSET MANAGEMENT Holding S.A. Purchases 142,911 Shares of Copart, Inc. $CPRT
BNP PARIBAS ASSET MANAGEMENT Holding S.A. increased its stake in Copart, Inc. (NASDAQ:CPRT) by 4.1% during the third quarter, purchasing an additional 142,911 shares. Other institutional investors have also adjusted their holdings in Copart, which comprises 85.78% institutional ownership. Despite positive profitability metrics, Copart recently missed EPS and revenue estimates, facing headwinds in unit volumes and pricing.
Fiera Capital Corp Buys 1,776,968 Shares of Copart, Inc. $CPRT
Fiera Capital Corp increased its stake in Copart, Inc. (NASDAQ:CPRT) by 25.4% during the third quarter, acquiring an additional 1,776,968 shares. This makes Copart the firm's 24th largest position, representing about 1.3% of its portfolio. Despite Fiera Capital's increased confidence, Copart recently missed earnings and revenue expectations, and company insiders have been selling shares.
Stock Market Today: Dow Jones, S&P 500 Futures Rise Ahead Of Q4 GDP Numbers—Grail, Candel Therapeutics, Copart In Focus
U.S. stock futures are rising ahead of Q4 GDP data and the Federal Reserve's preferred inflation gauge. Key companies like Copart, Candel Therapeutics, and Grail are in focus due to earnings announcements, stock offerings, and price trends. Analysts like Scott Wren of Wells Fargo maintain a bullish outlook on the U.S. economy, recommending investment in growth-sensitive sectors like Financials and Industrials.
Copart, Inc. (NASDAQ:CPRT) Q2 2026 Earnings Call Transcript
Copart, Inc. (NASDAQ:CPRT) reported Q2 2026 earnings, missing expectations with an EPS of $0.36 against an anticipated $0.3925. The company discussed a 9% decline in global insurance units, partially offset by rising total loss frequency and strong average selling prices due to its extensive global buyer network and technology. Copart also highlighted its strategic investments in land capacity, continued use of AI to enhance productivity, and a measured approach to share repurchases, while addressing market share dynamics and the future of accident frequency.
Copart signals continued investment in land capacity and AI as insurance volumes decline 9%
Copart indicated it will continue its investment in land capacity and artificial intelligence despite a 9% decline in insurance volumes. The company's CEO noted a decrease in total loss frequency and severity. To counteract these trends, Copart plans to strategically expand its operations and leverage AI advancements.
Copart (CPRT) Reports Mixed Q2 2026 Results Amid Declines in Insurance Units
Copart (CPRT) reported mixed Q2 2026 results, with a decline in global insurance units but an increase in U.S. average selling prices. Despite a 3.6% decrease in consolidated revenue, the company maintains strong financial health, impressive operating margins, and a low debt-to-equity ratio. Valuation metrics suggest the stock is nearing historical lows, potentially indicating an opportunity for investors, though insider selling has been observed.
Copart Stock Drops After Q2 Earnings: Here's Why
Copart, Inc. (NASDAQ:CPRT) shares dropped after the company reported second-quarter earnings that missed both top and bottom-line estimates. The company reported earnings of 36 cents per share against a 40 cent estimate, and revenue of $1.12 billion, missing the $1.14 billion Street estimate and down from the previous year. Analysts have varied ratings, with price targets ranging from $33 to $52, and the stock saw an 11.16% decline in after-hours trading.
Copart Q4 2025 Results: Revenue & Earnings Below Analyst Estimates - News and Statistics
Copart (NASDAQ:CPRT) reported fourth-quarter 2025 results that missed analyst expectations, with revenue declining 3.6% year-over-year to $1.12 billion and GAAP earnings per share of $0.36. Despite this short-term dip, the company has shown strong long-term growth, achieving a 15.1% compounded annual growth rate over the past five years. Analysts project revenue to grow by 6% over the next 12 months, indicating confidence in new products and services.
Copart shares tumble as quarterly results miss expectations
Copart Inc. (NASDAQ:CPRT) shares fell 11.1% in after-hours trading after the company reported second-quarter fiscal results that missed Wall Street expectations. The online vehicle auction leader posted earnings per share of $0.36, below the analyst consensus of $0.39, and revenue of $1.12 billion, which also lagged behind the expected $1.15 billion. This marks a decline in both earnings and revenue compared to the previous year, with gross profit also contracting.
Earnings Flash (CPRT) Copart Posts Fiscal Q2 EPS $0.36, vs. FactSet Est of $0.39
Copart, Inc. (CPRT) reported fiscal Q2 EPS of $0.36, falling short of the FactSet estimate of $0.39. The company's quarterly profit and revenue also declined due to lower vehicle volumes. Shares fell in after-hours trading following the announcement.
Copart set to report earnings amid unit volume headwinds By Investing.com
Copart is scheduled to report its second-quarter fiscal 2026 results with analysts predicting slight declines in earnings and revenue compared to the previous quarter. Despite facing headwinds from declining unit volumes due to fewer catastrophic events, the company aims to demonstrate that its pricing power and operating leverage can sustain profitability. Investors will be closely watching for management's commentary on pricing trends and international demand, as strong pricing and increased buyer competition have previously driven profit growth.
Copart set to report earnings amid unit volume headwinds By Investing.com
Copart Inc. is set to report second-quarter fiscal 2026 results, with analysts anticipating earnings of $0.39 per share on $1.15 billion in revenue. Despite declining unit volumes, the company's prior quarter showed strong gross profit and net income growth driven by pricing power. Investors will be watching whether Copart can sustain this margin expansion, especially in light of inventory pressures from fewer natural disasters and evolving insurance industry dynamics.
Copart, Inc. $CPRT Shares Purchased by Comgest Global Investors S.A.S.
Comgest Global Investors S.A.S. significantly increased its stake in Copart, Inc. (NASDAQ:CPRT) by 7.2% during the third quarter, making it one of their top holdings. Other institutional investors also adjusted their positions in the company. Analysts have issued varied ratings for Copart, with an average rating of "Moderate Buy" and an average target price of $47.60.
Skandinaviska Enskilda Banken AB publ Decreases Holdings in Copart, Inc. $CPRT
Skandinaviska Enskilda Banken AB publ reduced its stake in Copart, Inc. (NASDAQ:CPRT) by 11.3% in the third quarter, holding 231,158 shares valued at approximately $10.39 million. This adjustment comes as other institutional investors have both increased and decreased their positions in Copart, and analysts have issued varied ratings including "Strong Buy," "Hold," and "Sell." Copart reported stronger-than-expected earnings for the quarter, beating analyst consensus.
Copart, Inc (CPRT) Tops Q2 2026 Earnings Estimates — EPS $0.41 vs $0.39 Expected
Copart, Inc (CPRT) announced its Q2 2026 earnings, reporting an EPS of $0.41, which surpassed the analyst consensus estimate of $0.39 by 5.1%. The company's revenue for the quarter reached $4.7 billion. Despite beating expectations, shares saw a slight dip of 0.0% in after-hours trading, settling at $37.31.
Copart, Inc. $CPRT Stake Reduced by JPMorgan Chase & Co.
JPMorgan Chase & Co. reduced its stake in Copart, Inc. (NASDAQ:CPRT) by 6.6% in the third quarter, selling 937,890 shares and now owning 13,191,737 shares valued at $593.2 million. The article also highlights significant insider selling by a director and the CEO, alongside varied analyst ratings resulting in a "Moderate Buy" consensus. Copart, a global online vehicle auction and remarketing service provider, reported quarterly earnings that exceeded estimates but revenue that slightly missed.
Copart (CPRT) Beats EPS Estimates By 5.1% But Stock Flat On Insurance Volume Worries
Copart (CPRT) exceeded Q2 fiscal 2026 EPS estimates by 5.1%, reporting $0.41 against an expected $0.39. Despite the beat, the stock remained flat in after-hours trading, reflecting investor concerns over insurance volume dynamics and the company's lack of share repurchases. Management's cautious outlook and competitive pressures in the insurance sector appear to be overshadowing positive non-insurance growth and dividend potential.
RB Global Earnings: Strong End to the Year
RB Global reported a strong end to the year with a 2% increase in gross transaction value and a 4% increase in service revenue, leading to a 7% growth in adjusted EBITDA. Morningstar has increased its fair value estimate for RB Global stock, driven by optimistic guidance for 2026, though it cautions that the current valuation might anticipate growth rates difficult to sustain. The company is seeing recovery in its commercial construction & transportation segment and strong execution in automotive.
Copart (CPRT) Q4 Earnings Report Preview: What To Look For
Copart (CPRT) is set to report its Q4 earnings this Thursday, with analysts expecting a 1.5% year-on-year revenue growth to $1.18 billion and adjusted earnings of $0.39 per share. The company missed revenue expectations last quarter and has done so five times in the past two years. Recent performance of peers like RB Global and CoreCivic, along with a general underperformance of business services & supplies stocks, provides context for Copart's upcoming report.
Copart, Inc. $CPRT Position Increased by NEOS Investment Management LLC
NEOS Investment Management LLC significantly increased its stake in Copart, Inc. (NASDAQ:CPRT) by 54.9% during the 3rd quarter, now owning shares worth over $20 million. Other institutional investors also adjusted their positions, and analysts have issued varied ratings and price targets for the business services provider. Copart recently reported strong quarterly earnings, beating analyst estimates, and has seen insider selling from its CEO and a director.
Aberdeen Group plc Has $26.29 Million Stock Position in Copart, Inc. $CPRT
Aberdeen Group plc has increased its stake in Copart, Inc. (NASDAQ:CPRT) by 14.2%, bringing its total holdings to 584,555 shares valued at approximately $26.29 million. Institutional investors collectively own 85.78% of the stock, with significant new positions from firms like Norges Bank and increased holdings by Vanguard Group Inc. Despite recent insider selling, analysts maintain a "Moderate Buy" rating for Copart, with an average target price of $47.60.
HighTower Advisors LLC Has $33.14 Million Holdings in Copart, Inc. $CPRT
HighTower Advisors LLC reduced its stake in Copart, Inc. by 21.8% in Q3, now holding 736,900 shares valued at $33.14 million. Despite the institutional selling, Copart reported strong earnings per share in its last quarter, beating analyst estimates, although revenue was slightly below expectations. Insider selling by a director and the CEO has also been noted, while analysts maintain a "Moderate Buy" average rating with a price target of $47.60.
Vanguard Group Inc. Has $4.90 Billion Position in Copart, Inc. $CPRT
Vanguard Group Inc. significantly increased its stake in Copart, Inc. (NASDAQ:CPRT) by 2.4% in Q3, now holding 108,990,652 shares valued at approximately $4.90 billion, representing about 11.26% of the company. Despite analyst ratings being mixed with a "Moderate Buy" consensus and a $47.60 price target, some insiders have recently sold shares, with institutional investors owning 85.78% and insiders holding 9.60% of the company. Copart, a global provider of online vehicle auction services, last reported Q3 EPS of $0.41, beating estimates, with revenues up 0.7% year-over-year.
Copart (CPRT) Q4 Earnings Report Preview: What To Look For
Copart (CPRT) is set to release its Q4 earnings report this Thursday, with analysts expecting a 1.5% year-on-year revenue increase to $1.18 billion and adjusted earnings of $0.39 per share. The company missed revenue expectations last quarter, and its stock has underperformed recently, down 8.8% over the last month. Investors will be watching whether Copart can reverse its trend of missing Wall Street estimates.
RB Global Reports Q4 2025 Earnings with Positive Outlook
RB Global reported a strong Q4 2025 with a 4% increase in total gross transaction value and significant growth in automotive GTV and unit volumes. The company solidified strategic partnerships and enhanced its digital platform, including the upcoming IAA total loss predictor tool. For 2026, RB Global projects GTV growth between 5% and 8%, with adjusted EBITDA expected to be between $1.47 billion and $1.53 billion, reflecting a confident outlook driven by technology investments and operational efficiencies.
What To Expect From RB Global's (RBA) Q4 Earnings
RB Global (RBA) is set to announce its Q4 earnings on Tuesday after market hours. Analysts anticipate a 2.7% year-on-year revenue increase to $1.17 billion and adjusted earnings of $0.99 per share, following a strong previous quarter. Despite past revenue misses and an underperforming sector, the company faces expectations of staying on course, with its stock currently trading below the average analyst price target.
Copart, Inc. $CPRT Position Boosted by Assetmark Inc.
Assetmark Inc. significantly increased its stake in Copart, Inc. (NASDAQ:CPRT) by 29.3% in the third quarter, acquiring an additional 107,160 shares, bringing their total holdings to 472,845 shares valued at over $21 million. Other major institutional investors like Vanguard, Principal Financial Group, State Street, and Geode Capital Management also boosted their positions, contributing to 85.78% institutional ownership. Despite this institutional interest, company insiders, including Director Thomas Tryforos and CEO Jeffrey Liaw, have recently sold substantial amounts of Copart stock.
Illinois Municipal Retirement Fund Has $7.74 Million Stock Holdings in Copart, Inc. $CPRT
The Illinois Municipal Retirement Fund increased its stake in Copart, Inc. (NASDAQ:CPRT) by 24% to 172,170 shares, valued at $7.74 million. This move comes despite significant insider selling by a director and the CEO, who reduced his ownership by nearly 31%. Analysts have a "Moderate Buy" consensus rating for Copart, with a target price of $47.60, after the company exceeded EPS estimates but slightly missed revenue projections in its latest quarterly report.
PAR Technology, Ingram Micro, ABM, Copart, and TD SYNNEX Shares Skyrocket, What You Need To Know
Shares of PAR Technology, Ingram Micro, ABM, Copart, and TD SYNNEX jumped following a softer-than-anticipated Consumer Price Index (CPI) report, which fueled investor optimism for Federal Reserve interest rate cuts. The CPI rose 0.2% from December to January, below the 0.3% forecast, and annual inflation moderated to 2.4%, prompting a rally in stocks, especially the Russell 2000. PAR Technology, specifically, saw a 3.3% increase in its stock, exhibiting high volatility but maintaining a strong financial outlook after a positive Q3 2025 earnings report.
PAR Technology, Ingram Micro, ABM, Copart, and TD SYNNEX Shares Skyrocket, What You Need To Know
Shares of PAR Technology, Ingram Micro, ABM, Copart, and TD SYNNEX jumped following a softer-than-anticipated Consumer Price Index report, which fueled investor optimism for Federal Reserve interest rate cuts. The CPI rose 0.2% from December to January, below the 0.3% forecast, leading to increased bets on multiple rate reductions and a rally in stocks, particularly the Russell 2000. PAR Technology, despite its recent decline, saw a significant jump, building on strong Q3 2025 financial results that exceeded analyst expectations.
Peregrine Investment Management Inc. Has $4.29 Million Position in Copart, Inc. $CPRT
Peregrine Investment Management Inc. significantly reduced its stake in Copart, Inc. (NASDAQ:CPRT) by 55.1% in Q3, now holding 95,440 shares valued at approximately $4.29 million. Amidst this, major insider selling has occurred, with a director selling 100,000 shares and the CEO selling over 25,000 shares, bringing insider ownership to about 9.60%. Analyst sentiment remains mixed with a "Moderate Buy" consensus and an average price target of $47.60, despite the stock trading around $36.72 and several firms cutting their targets.
ING Groep NV Has $7.45 Million Holdings in Copart, Inc. $CPRT
ING Groep NV significantly increased its stake in Copart, Inc. by 383.6% in the third quarter, bringing its total holdings to 165,653 shares valued at approximately $7.45 million. Despite this, Copart's stock is trading near its 12-month low, down 7.1%, and has seen recent insider sales by CEO Jeffrey Liaw and director Thomas Tryforos. Institutional investors collectively own 85.78% of Copart, with analysts giving it a "Moderate Buy" consensus rating and a $47.60 price target.
Copart stock hits 52-week low at $37.40 By Investing.com
Copart Inc.'s stock recently hit a new 52-week low at $37.40, marking a 37.31% decline over the past year. This comes amid a mixed first-quarter earnings report for fiscal year 2026, where EPS exceeded expectations but revenue fell short. The company also secured a new $1.25 billion unsecured senior revolving credit agreement and had all proposals approved at its 2025 annual meeting.
Copart stock hits 52-week low at $37.40 By Investing.com
Copart Inc.'s stock has fallen to a new 52-week low of $37.40, marking a 37.31% decrease over the past year. This comes despite the company exceeding analyst EPS expectations for Q1 fiscal year 2026, though revenue fell short. Copart has also secured a new $1.25 billion revolving credit agreement to replace its previous facility.
Copart stock hits 52-week low at $37.40
Copart Inc. (NASDAQ: CPRT) stock has dropped to a new 52-week low of $37.40, marking a 37.31% decline over the past year. This comes amid a mixed first-quarter fiscal year 2026 earnings report, where EPS beat estimates but revenue fell short. The company also secured a new $1.25 billion revolving credit agreement and had shareholder proposals approved at its 2025 annual meeting.
Copart Inc (CPRT) Shares Down 5.86% on Feb 12
Shares of Copart Inc (CPRT) declined by 5.86% on February 12, reaching an intraday low of $37.16 before a slight recovery. This places CPRT 41.75% below its 52-week high. Wall Street analysts provide an average one-year price target of $48.52, suggesting a potential upside, while GuruFocus estimates a fair value of $58.88.
Copart stock hits 52-week low at $37.40 By Investing.com
Copart Inc.'s stock has fallen to a new 52-week low of $37.40, marking a 37.31% decrease over the past year. This decline follows a mixed first-quarter earnings report for fiscal year 2026, where the company exceeded EPS expectations but missed revenue forecasts. Despite these challenges, Copart has secured a new $1.25 billion credit agreement and shareholders approved all proposals at the 2025 annual meeting.
Jensen Investment Management Inc. Cuts Stock Holdings in Copart, Inc. $CPRT
Jensen Investment Management Inc. reduced its stake in Copart, Inc. (NASDAQ:CPRT) by 1.0% in the third quarter of 2025, selling 52,038 shares. Despite the reduction, Copart remains Jensen's 17th largest holding, valued at approximately $236.7 million. The article also notes significant insider selling by Director Thomas N. Tryforos and CEO Jeffrey Liaw, while institutional investors show mixed activity in their holdings.
Copart (CPRT) Expected to Announce Earnings on Thursday
Copart (CPRT) is anticipated to release its Q2 2026 earnings before market open on Thursday, February 19th, with analysts forecasting EPS of $0.39. The company's prior quarter saw an EPS of $0.41, beating estimates, while revenue of $1.16 billion slightly missed expectations. Despite recent insider share sales, the stock holds a consensus "Moderate Buy" rating with a target price of $47.60, and institutionals and hedge funds own 85.78% of the stock.
Copart to detail Q2 2026 results on Feb. 19 earnings call
Copart, Inc. announced it will release its second-quarter fiscal 2026 earnings on Thursday, February 19, 2026, after 4:00 p.m. ET. The company will also host a conference call at 5:30 p.m. ET on the same day to discuss the results, which will be webcast live on its investor relations website. Copart, a global leader in online vehicle auctions, connects consigners with members in over 185 countries.
