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.
The technical analysis of Copart, Inc. plainly substantiates that the 50-day moving average of Copart, Inc. is $50.35, and stock is trading $1.82 points away or +3.62% from its 50-day moving average of $50.35. Further it is trading $7.89 or +17.81% away its 200-day moving average of $44.28. Copart, Inc. (NASDAQ:CPRT) 52-week high is $52.43 and the 52-week low is $32.26.
This explains if the stock moves $-0.26, it will post a 52-week high. In event of +61.72% 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 26.80.
The stock last ended the trading session at $52.17 and registered a market cap of $5.71B. 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 1.28.
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