Stock To Watch: Copart, Inc. (NASDAQ:CPRT)


The leading market experts have placed a mean price target of $48.67 on Copart, Inc. (NASDAQ:CPRT) stock. This price level, which is estimated to be attained in one-year indicates the mean of stock opinions given by the companies included in the First Call survey. The renowned research firms have predicted earnings of $0.52 a share for the upcoming quarter and $2.07 for the current fiscal. Technical View The technical analysis of Copart, Inc. plainly substantiates that the 50-day moving average of Copart, Inc. is $48.05, and stock is hovering 1.88 or +3.91% distant from $48.05. It is noted that the 200-day MA is $41.12, and Copart, Inc. stock is $8.81 or +21.42% off from this point. Copart, Inc. (NASDAQ:CPRT) 52-week high is $50.08 and the 52-week low is $32.26. This explains if the stock moves $-0.15, it will post a 52-week high. In event of $+54.77% points decline, a 52-week low will be hit. Taking the Valuation Aspect To emphasize the valuation of Copart, Inc., shareholders can apply financial tool known as price-to-earnings ratio. This financial ratio assesses stock’s valuation by considering the relative expense of the stock. Following this ratio, Copart, Inc. (NASDAQ:CPRT) ratio came in at 25.64. The stock last ended the trading session at $49.93 and registered a market cap of $5.46B. To appraise firm’s growth, the shareholders take help of the Price-to-Earnings-Growth ratio. When a stock has a higher PEG ratio, it is suggestive of lower stock appreciation in approaching sessions. A stock comes in the group of undervalued stocks when its PEG ratio falls in between 0 and 1. Copart, Inc. (NASDAQ:CPRT) PEG ratio is at 1.20.

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