News headlines about Copart (NASDAQ:CPRT) have trended somewhat positive on Tuesday, according to Accern. Accern scores the sentiment of media coverage by reviewing more than 20 million blog and news sources in real time. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Copart earned a coverage optimism score of 0.11 on Accern’s scale. Accern also assigned press coverage about the business services provider an impact score of 46.3863630671847 out of 100, indicating that recent media coverage is somewhat unlikely to have an impact on the company’s share price in the near future.
These are some of the media headlines that may have impacted Accern’s scoring:
- Which Way Traders Signposts: Copart, Inc., (NASDAQ: CPRT), Dollar General Corporation, (NYSE: DG) – Global Export Lines (press release) (globalexportlines.com)
- Copart, Inc. (CPRT) year to date performance remained at 16.46% – Nasdaq Fortune (press release) (nasdaqfortune.com)
- Investor’s Guide on SS&C Technologies Holdings, Inc. (SSNC) and Copart, Inc. (CPRT) – NMSU Nеws (nmsunews.com)
- Can Copart (CPRT) Run Higher on Strong Earnings Estimate Revisions? – Yahoo Finance (finance.yahoo.com)
Shares of Copart (NASDAQ:CPRT) opened at $50.45 on Tuesday. Copart has a 1 year low of $28.89 and a 1 year high of $51.51. The company has a debt-to-equity ratio of 0.30, a quick ratio of 1.74 and a current ratio of 1.78. The stock has a market cap of $11,840.99, a price-to-earnings ratio of 33.58, a PEG ratio of 1.46 and a beta of 1.02.
Several equities analysts have recently issued reports on the stock. BidaskClub upgraded shares of Copart from a “hold” rating to a “buy” rating in a report on Thursday, December 7th. Zacks Investment Research upgraded shares of Copart from a “hold” rating to a “buy” rating and set a $47.00 price objective for the company in a report on Thursday, February 8th. Stephens upgraded shares of Copart from an “equal weight” rating to an “overweight” rating and set a $50.00 price objective for the company in a report on Monday, February 12th. Barrington Research restated a “hold” rating on shares of Copart in a report on Tuesday, February 27th. Finally, Jefferies Group restated a “hold” rating and issued a $47.00 price objective on shares of Copart in a report on Tuesday, February 27th. Five equities research analysts have rated the stock with a hold rating and six have given a buy rating to the company. Copart has a consensus rating of “Buy” and a consensus target price of $46.17.
In related news, Director Daniel J. Englander sold 68,004 shares of the company’s stock in a transaction on Wednesday, January 3rd. The shares were sold at an average price of $43.38, for a total value of $2,950,013.52. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, Director Matt Blunt sold 13,333 shares of the company’s stock in a transaction on Monday, March 12th. The stock was sold at an average price of $50.74, for a total transaction of $676,516.42. Following the completion of the transaction, the director now directly owns 3,333 shares of the company’s stock, valued at approximately $169,116.42. The disclosure for this sale can be found here. Corporate insiders own 16.40% of the company’s stock.
TRADEMARK VIOLATION NOTICE: “Somewhat Favorable News Coverage Somewhat Unlikely to Affect Copart (CPRT) Share Price” was published by BBNS and is owned by of BBNS. If you are viewing this story on another website, it was illegally copied and republished in violation of US & international copyright and trademark laws. The original version of this story can be read at https://baseballnewssource.com/2018/03/20/copart-cprt-given-media-sentiment-rating-of-0-11/2021716.html.
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 to vehicle sellers, insurance companies, banks and finance companies, charities, and fleet operators and dealers, as well as for individual owners.
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