Copart, Inc. Stock Moves -0.19 percent What You Should Know
| CPRT Stock | USD 59.74 0.15 0.25% |
Slightly above 54% of Copart's investor base is interested to short. The analysis of overall sentiment of trading Copart Inc stock suggests that many investors are impartial at this time. Copart's investing sentiment can be driven by a variety of factors including economic data, Copart's earnings reports, geopolitical events, and overall market trends.
Copart |
In the closing of the recent trading day, Copart, Inc. stood at 52.23, denoting a -0.19 percent change from the preceding trading day.
Read at zacks.com
 |
Copart Fundamental Analysis
We analyze Copart's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Copart using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Copart based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Number Of Employees
Number Of Employees Comparative Analysis
Copart is currently under evaluation in number of employees category among its peers. Number of Employees shows the total number of permanent full time and part time employees working for a given company and processed through its payroll.
Copart Inc Potential Pair-trading
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Copart stock to make a market-neutral strategy. Peer analysis of Copart could also be used in its relative valuation, which is a method of valuing Copart by comparing valuation metrics with similar companies.
Peers
Copart Related Equities
| DLB | Dolby Laboratories | 0.90 | ||||
| AN | AutoNation | 0.35 | ||||
| ABM | ABM Industries | 0.15 | ||||
| CTAS | Cintas | 0.24 | ||||
| GPN | Global Payments | 0.47 | ||||
| TRI | Thomson Reuters | 0.55 | ||||
| GPI | Group 1 | 0.70 | ||||
| RELX | Relx PLC | 0.73 | ||||
| ARMK | Aramark Holdings | 1.10 | ||||
| PAG | Penske Automotive | 1.69 | ||||
| ABG | Asbury Automotive | 2.09 | ||||
| SAH | Sonic Automotive | 2.50 | ||||
| LAD | Lithia Motors | 2.81 |
Additional Tools for Copart Stock Analysis
When running Copart's price analysis, check to measure Copart's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Copart is operating at the current time. Most of Copart's value examination focuses on studying past and present price action to predict the probability of Copart's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Copart's price. Additionally, you may evaluate how the addition of Copart to your portfolios can decrease your overall portfolio volatility.