Q2 EPS Estimates for Copart Raised by Barrington Research

Copart, Inc. (NASDAQ:CPRT) – Analysts at Barrington Research boosted their Q2 2025 earnings per share estimates for Copart in a research note issued to investors on Wednesday, November 27th. Barrington Research analyst G. Prestopino now forecasts that the business services provider will post earnings per share of $0.37 for the quarter, up from their prior estimate of $0.36. The consensus estimate for Copart’s current full-year earnings is $1.57 per share. Barrington Research also issued estimates for Copart’s Q3 2025 earnings at $0.42 EPS, Q4 2025 earnings at $0.39 EPS, FY2025 earnings at $1.56 EPS, Q1 2026 earnings at $0.41 EPS, Q2 2026 earnings at $0.42 EPS, Q4 2026 earnings at $0.43 EPS and FY2026 earnings at $1.74 EPS.

Copart (NASDAQ:CPRT) last issued its quarterly earnings results on Wednesday, September 4th. The business services provider reported $0.33 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.36 by ($0.03). The company had revenue of $1.07 billion for the quarter, compared to analyst estimates of $1.07 billion. Copart had a net margin of 31.92% and a return on equity of 18.96%. The company’s revenue for the quarter was up 7.2% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.34 EPS.

Other research analysts have also issued reports about the company. JPMorgan Chase & Co. increased their price objective on Copart from $55.00 to $60.00 and gave the company a “neutral” rating in a report on Tuesday, November 19th. Robert W. Baird cut their price target on shares of Copart from $58.00 to $56.00 and set an “outperform” rating on the stock in a report on Thursday, September 5th.

Copart Price Performance

Shares of CPRT stock opened at $63.39 on Thursday. The business has a fifty day moving average of $54.82 and a 200 day moving average of $53.44. Copart has a 1 year low of $46.21 and a 1 year high of $64.38. The firm has a market capitalization of $61.08 billion, a price-to-earnings ratio of 44.83 and a beta of 1.27.

Insider Buying and Selling at Copart

In other Copart news, Chairman A Jayson Adair sold 251,423 shares of the company’s stock in a transaction that occurred on Tuesday, November 26th. The stock was sold at an average price of $63.79, for a total value of $16,038,273.17. Following the sale, the chairman now owns 14,436,557 shares in the company, valued at approximately $920,907,971.03. This represents a 1.71 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this link. Company insiders own 9.68% of the company’s stock.

Hedge Funds Weigh In On Copart

Large investors have recently made changes to their positions in the company. Principal Financial Group Inc. increased its holdings in Copart by 2.5% in the third quarter. Principal Financial Group Inc. now owns 38,876,517 shares of the business services provider’s stock valued at $2,037,130,000 after buying an additional 941,858 shares in the last quarter. State Street Corp increased its stake in shares of Copart by 0.4% in the 3rd quarter. State Street Corp now owns 34,157,967 shares of the business services provider’s stock valued at $1,789,877,000 after purchasing an additional 120,939 shares in the last quarter. Edgewood Management LLC raised its holdings in Copart by 0.6% in the 3rd quarter. Edgewood Management LLC now owns 20,555,713 shares of the business services provider’s stock worth $1,077,119,000 after purchasing an additional 125,220 shares during the period. Geode Capital Management LLC grew its holdings in Copart by 1.6% in the third quarter. Geode Capital Management LLC now owns 18,763,926 shares of the business services provider’s stock valued at $979,547,000 after purchasing an additional 291,580 shares during the period. Finally, Bank of New York Mellon Corp increased its position in shares of Copart by 8.1% in the second quarter. Bank of New York Mellon Corp now owns 16,008,444 shares of the business services provider’s stock valued at $867,017,000 after buying an additional 1,199,781 shares in the last quarter. 85.78% of the stock is currently owned by institutional investors and hedge funds.

About Copart

Copart, Inc provides online auctions and vehicle remarketing services. 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 on behalf of vehicle sellers, insurance companies, banks and finance companies, charities, and fleet operators and dealers, as well as individual owners.