Copart, Inc. Director Diane M. Morefield Sells 30,000 Shares
| CPRT Stock | USD 56.24 0.34 0.60% |
Slightly above 61% of Copart's investor base is looking to short. The analysis of overall sentiment of trading Copart Inc stock suggests that many investors are alarmed 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.
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Copart, Inc. Director Diane M. Morefield sold 30,000 shares of the companys stock in a transaction dated Monday, December 23rd. The shares were sold at an average price of 58.01, for a total transaction of 1,740,300.00. Following the sale, the director now directly owns 20,000 shares in the company, valued
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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.
Price To Earnings To Growth
Price To Earnings To Growth Comparative Analysis
Copart is currently under evaluation in price to earnings to growth category among its peers. PEG Ratio indicates the potential value of an equity instrument and is calculated by dividing Price to Earnings (P/E) ratio into earnings growth rate. Most analysts and investors prefer this measure to a Price to Earnings (P/E) ratio because it incorporates the future growth of a firm. The low PEG ratio usually implies that an equity instrument is undervalued; whereas PEG of 1 may indicate that an equity is reasonably priced under given expectations of future growth.
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
| CTAS | Cintas | 1.96 | ||||
| ABG | Asbury Automotive | 1.82 | ||||
| PAG | Penske Automotive | 1.77 | ||||
| SAH | Sonic Automotive | 1.23 | ||||
| RELX | Relx PLC | 0.72 | ||||
| AN | AutoNation | 0.27 | ||||
| GPI | Group 1 | 0.08 | ||||
| LAD | Lithia Motors | 0.05 | ||||
| TRI | Thomson Reuters | 0.29 | ||||
| DLB | Dolby Laboratories | 0.51 | ||||
| GPN | Global Payments | 0.66 | ||||
| ABM | ABM Industries | 1.12 | ||||
| ARMK | Aramark Holdings | 1.17 |
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.