The Latest Breaking News from CPRT

December S&P 500 E-Mini futures (ESZ24) are down -0.31%, and December Nasdaq 100 E-Mini futures (NQZ24) are down -0.43% this morning as a disappointing revenue forecast from Nvidia and concerns about escalating Russia-Ukraine tensions dampened sentiment.

Copart has lagged behind the broader market over the past year, yet analysts remain moderately bullish on the stock’s prospects.

Copart is gearing up to release its first-quarter earnings next month, and analysts expect a single-digit profit increase.

Despite Copart’s underperformance relative to the Dow Jones Industrials Average over the past year, Wall Street analysts remain moderately optimistic about the stock’s prospects.

Although Copart has lagged behind the broader market over the past year, analysts remain moderately bullish about the stock’s potential.

Copart will unveil its Q4 earnings in September, and analysts anticipate a single-digit profit growth.

Copart has underperformed the Nasdaq Composite, and analysts remain moderately bullish about the stock prospects.

Copart has underperformed the broader market over the past year, yet Wall Street analysts maintain a moderately bullish outlook on the stock.

Leading vehicle auction company Copart (CPRT) has an impressive record of surpassing analysts’ quarterly revenue and EPS estimates. Will the company be able to maintain its performance in the upcoming report? Let’s discuss some of its financials to gauge its prospects.

Consistent profit growth has made Copart stock a long-term leader. The online vehicle auction specialist shows a new buy point.

With recent spikes in new vehicle sales, the global shift towards electric vehicles, and advancements like AI and 3D printing, the automotive sector is primed for growth. Thus, fundamentally solid auto stocks Honda Motor (HMC), AB Volvo (VLVLY), Copart (CPRT), Autoliv (ALV), Mazda Motor (MZDAY), Cars.com (CARS) and Ituran Location…