Is Copart Stock a good buy in 2023, according to Wall Street analysts?
The consensus among 3 Wall Street analysts covering (NASDAQ: CPRT) stock is to Strong Buy CPRT stock.
Out of 3 analysts, 2 (66.67%) are recommending CPRT as a Strong Buy, 1 (33.33%) are recommending CPRT as a Buy, 0 (0%) are recommending CPRT as a Hold, 0 (0%) are recommending CPRT as a Sell, and 0 (0%) are recommending CPRT as a Strong Sell.
What is CPRT's forecast return on equity (ROE) for 2023-2023?
(NASDAQ: CPRT) forecast ROE is 20.23%, which is considered strong.
What is CPRT's Price Target?
According to 3 Wall Street analysts that have issued a 1 year CPRT price target, the average CPRT price target is $84.00, with the highest CPRT stock price forecast at $90.00 and the lowest CPRT stock price forecast at $80.00.
On average, Wall Street analysts predict that Copart's share price could fall to $84.00 by May 18, 2024. The average Copart stock price prediction forecasts a potential downside of 4.58% from the current CPRT share price of $88.03.
What is CPRT's forecast return on assets (ROA) for 2023-2023?
(NASDAQ: CPRT) forecast ROA is 17.82%, which is higher than the forecast US Specialty Business Services industry average of 9.31%.
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