Barrington Research Forecasts Stronger Earnings for Copart

Copart, Inc. (NASDAQ:CPRT) – Equities researchers at Barrington Research increased their Q2 2025 earnings estimates for Copart in a research report issued on Wednesday, November 27th. Barrington Research analyst G. Prestopino now expects that the business services provider will earn $0.37 per share for the quarter, up from their previous 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.

Several other research firms have also commented on CPRT. JPMorgan Chase & Co. raised their price target on shares of Copart from $55.00 to $60.00 and gave the company a “neutral” rating in a report on Tuesday, November 19th. Robert W. Baird dropped their price objective on shares of Copart from $58.00 to $56.00 and set an “outperform” rating for the company in a research report on Thursday, September 5th.

Copart Price Performance

Copart stock opened at $63.51 on Thursday. The company has a market cap of $61.18 billion, a price-to-earnings ratio of 44.73 and a beta of 1.27. Copart has a 12 month low of $46.21 and a 12 month high of $64.38. The stock’s 50-day moving average is $54.33 and its 200-day moving average is $53.30.

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

Institutional Investors Weigh In On Copart

Several hedge funds have recently modified their holdings of the stock. Jensen Investment Management Inc. grew its position in Copart by 2,466.0% in the third quarter. Jensen Investment Management Inc. now owns 3,536,233 shares of the business services provider’s stock valued at $185,299,000 after acquiring an additional 3,398,423 shares in the last quarter. Assenagon Asset Management S.A. lifted its position in shares of Copart by 462.8% during the third quarter. Assenagon Asset Management S.A. now owns 3,668,696 shares of the business services provider’s stock worth $192,240,000 after purchasing an additional 3,016,795 shares in the last quarter. Franklin Resources Inc. boosted its stake in shares of Copart by 335.8% in the third quarter. Franklin Resources Inc. now owns 2,705,354 shares of the business services provider’s stock valued at $149,471,000 after purchasing an additional 2,084,626 shares during the period. Manning & Napier Advisors LLC acquired a new stake in Copart during the 2nd quarter valued at $109,382,000. Finally, Comgest Global Investors S.A.S. increased its stake in Copart by 706.6% during the 3rd quarter. Comgest Global Investors S.A.S. now owns 1,586,886 shares of the business services provider’s stock worth $83,153,000 after buying an additional 1,390,146 shares during the period. 85.78% of the stock is currently owned by hedge funds and other institutional investors.

Copart Company Profile

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.