Copart Inc is a leading online vehicle auction company that specializes in the resale of vehicles that have been damaged or are no longer in use. The company provides a platform that connects sellers—such as insurance companies, rental car firms, and fleet operators—with a global network of buyers, including dealers, salvage buyers, and individual consumers. Through its innovative online bidding system, Copart allows customers to purchase vehicles from the comfort of their homes while offering a seamless experience for managing sales and auctions. With a focus on technology and efficiency, Copart streamlines the process of buying and selling vehicles, making it easier for participants in the automotive market. Read More
Shares of online vehicle auction company Copart (NASDAQ:CPRT) fell 3.9% in the afternoon session after the release of a surprisingly weak August jobs report, which showed a significant slowdown in hiring. The U.S. economy added only 22,000 jobs, falling far short of the 75,000 economists had forecasted, while the unemployment rate rose to a 46-month high of 4.3%. The Bureau of Labor Statistics report also contained downward revisions for previous months, intensifying concerns that the labor market's health is deteriorating. Several sectors, including manufacturing, financial activities, and information, reported job losses for the month. While the disappointing data initially fueled investor hopes for a Federal Reserve interest rate cut, major indices like the Dow Jones and S&P 500 later fell as concerns about a potential economic downturn took hold.
A rather disappointing jobs report is challenging Wall Street's optimism over looming rate cuts, as labor market weakness stirs fresh concerns about the economy.
Join us in exploring the top gainers and losers within the S&P500 index in the middle of the day on Friday as we examine the latest happenings in today's session.
Online vehicle auction company Copart (NASDAQ:CPRT) missed Wall Street’s revenue expectations in Q2 CY2025, but sales rose 5.2% year on year to $1.13 billion. Its GAAP profit of $0.41 per share was 13.3% above analysts’ consensus estimates.
Online vehicle auction company Copart (NASDAQ:CPRT) missed Wall Street’s revenue expectations in Q2 CY2025, but sales rose 5.2% year on year to $1.13 billion. Its GAAP profit of $0.41 per share was 13.3% above analysts’ consensus estimates.
Shares of online vehicle auction company Copart (NASDAQ:CPRT) jumped 3% in the afternoon session after HSBC upgraded the stock to Buy from Hold, lifting its price target to $62.00 from $56.00.
Copart, Inc. (NASDAQ: CPRT) announced today that it will release earnings for the fourth quarter of fiscal 2025 after 4:00 p.m. Eastern Time (3:00 p.m. Central) on Thursday, September 4, 2025.
While the S&P 500 (^GSPC) includes industry leaders, not every stock in the index is a winner.
Some companies are past their prime, weighed down by poor execution, weak financials, or structural headwinds.
A company that generates cash isn’t automatically a winner.
Some businesses stockpile cash but fail to reinvest wisely, limiting their ability to expand.
The best-performing stocks typically have robust sales growth, increasing margins, and rising returns on capital,
and those that can maintain this trifecta year in and year out often become the legends of the investing world.
