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Copart (CPRT) Expands Online Auction Location at Arizona
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Copart, Inc. (CPRT - Free Report) has announced extension of its location at Phoenix, AR, which holds online car auctions.
The auctions are held every Monday at noon PT. Buyers can take part in the auction through the company’s website or its application available on iOS and android devices. Also, during business hours, bidding kiosks can be accessed at the location.
Address of the expanded Arizona site is 615 South 51st Avenue, Phoenix.
Per management, the extension will improve the location’s competence level, enabling it to enhance the customer experience.
The company is on track to widen its network of facilities to manage the increasing volumes. Thriving on business, it emerges into several other new markets. Earlier in October, the company expanded its Reno, NV hub. In September, Copart announced expansion of its New Orleans, LA location at 14600 Old Gentilly Road.
Price Performance
The stock has surged 30.8% year to date, outperforming the industry's 12.7% growth.
Zacks Rank & Key Picks
Copart carries a Zacks Rank #3 (Hold). Some better-ranked companies in the auto space include Navistar International Corporation , Cummins Inc. (CMI - Free Report) and Ford Motor Company (F - Free Report) . Whiel Navistar and Cummins sport a Zacks Rank #1 (Strong Buy), Ford carries a Zacks Rank #2 (Buy). You can see the complete list of today’s Zacks #1 Rank stocks here.
Navistar has an expected long-term growth rate of 5%.
Cummins has an expected long-term growth rate of 12.4%.
Ford has an expected long-term growth rate of 10.7%.
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Copart (CPRT) Expands Online Auction Location at Arizona
Copart, Inc. (CPRT - Free Report) has announced extension of its location at Phoenix, AR, which holds online car auctions.
The auctions are held every Monday at noon PT. Buyers can take part in the auction through the company’s website or its application available on iOS and android devices. Also, during business hours, bidding kiosks can be accessed at the location.
Address of the expanded Arizona site is 615 South 51st Avenue, Phoenix.
Copart, Inc. Price and Consensus
Copart, Inc. Price and Consensus | Copart, Inc. Quote
Per management, the extension will improve the location’s competence level, enabling it to enhance the customer experience.
The company is on track to widen its network of facilities to manage the increasing volumes. Thriving on business, it emerges into several other new markets. Earlier in October, the company expanded its Reno, NV hub. In September, Copart announced expansion of its New Orleans, LA location at 14600 Old Gentilly Road.
Price Performance
The stock has surged 30.8% year to date, outperforming the industry's 12.7% growth.
Zacks Rank & Key Picks
Copart carries a Zacks Rank #3 (Hold). Some better-ranked companies in the auto space include Navistar International Corporation , Cummins Inc. (CMI - Free Report) and Ford Motor Company (F - Free Report) . Whiel Navistar and Cummins sport a Zacks Rank #1 (Strong Buy), Ford carries a Zacks Rank #2 (Buy). You can see the complete list of today’s Zacks #1 Rank stocks here.
Navistar has an expected long-term growth rate of 5%.
Cummins has an expected long-term growth rate of 12.4%.
Ford has an expected long-term growth rate of 10.7%.
Zacks' Hidden Trades
While we share many recommendations and ideas with the public, certain moves are hidden from everyone but selected members of our portfolio services. Would you like to peek behind the curtain today and view them?
Starting now, for the next month, I invite you to follow all Zacks' private buys and sells in real time from value to momentum...from stocks under $10 to ETF to option movers...from insider trades to companies that are about to report positive earnings surprises (we've called them with 80%+ accuracy). You can even look inside portfolios so exclusive that they are normally closed to new investors.
Click here for Zacks' secret trade>>