Barrington analyst Gary Prestopino maintained a Hold rating on Copart (CPRT) today. The company’s shares opened today at $50.02.
According to TipRanks.com, Prestopino is a 1-star analyst with an average return of -2.2% and a 38.2% success rate. Prestopino covers the Services sector, focusing on stocks such as Kar Auction Services Inc, US Auto Parts Network, and Ritchie Bros.
Copart has an analyst consensus of Moderate Buy, with a price target consensus of $59.33.
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Based on Copart’s latest earnings release for the quarter ending October 31, the company reported a quarterly net profit of $114 million. In comparison, last year the company had a net profit of $77.52 million.
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Copart, Inc. engages in the provision of online auctions and vehicle remarketing services. It provides vehicle sellers with a full range of services to process and sell vehicles primarily over the internet through Virtual Bidding Third Generation Internet auction-style sales technology.
