Copart (CPRT) Coveraged By Guggenheim with $58 Target; Orion Energy Systems (OESX) Has 1.18 Sentiment

April 17, 2018 - By Linda Rogers

Orion Energy Systems, Inc (NASDAQ:OESX) Logo

Orion Energy Systems Inc (OESX) investors sentiment increased to 1.18 in Q4 2017. It’s up 0.49, from 0.69 in 2017Q3. The ratio improved, as 13 institutional investors opened new or increased stock positions, while 11 sold and reduced their positions in Orion Energy Systems Inc. The institutional investors in our database now have: 12.61 million shares, down from 12.79 million shares in 2017Q3. Also, the number of institutional investors holding Orion Energy Systems Inc in top ten stock positions was flat from 0 to 0 for the same number . Sold All: 4 Reduced: 7 Increased: 5 New Position: 8.

Equities researchers at Guggenheim gave Buy rating on Copart (NASDAQ:CPRT). The firm initiated coverage in a research note issued to clients on 17 April. Guggenheim’s target would indicate upside of 12.40% from the company’s last stock close price.

The stock increased 2.52% or $1.27 during the last trading session, reaching $51.6. About 507,291 shares traded. Copart, Inc. (NASDAQ:CPRT) has risen 61.05% since April 17, 2017 and is uptrending. It has outperformed by 49.50% the S&P500.

Investors sentiment increased to 1.19 in Q4 2017. Its up 0.06, from 1.13 in 2017Q3. It improved, as 23 investors sold Copart, Inc. shares while 120 reduced holdings. 69 funds opened positions while 101 raised stakes. 170.87 million shares or 2.48% more from 166.73 million shares in 2017Q3 were reported. Endurance Wealth Management has 6,450 shares for 0.04% of their portfolio. Telemus Capital Ltd Liability holds 0.7% of its portfolio in Copart, Inc. (NASDAQ:CPRT) for 209,550 shares. Savings Bank Of New York Mellon Corp owns 0.03% invested in Copart, Inc. (NASDAQ:CPRT) for 3.07 million shares. The Massachusetts-based Fmr Ltd Company has invested 0.02% in Copart, Inc. (NASDAQ:CPRT). 45,849 are owned by Boston Private Wealth Limited Liability Company. Freestone Cap Hldgs Llc holds 35,039 shares or 0.1% of its portfolio. Cibc Asset Mngmt has invested 0% of its portfolio in Copart, Inc. (NASDAQ:CPRT). Carroll Assoc Inc holds 146 shares. Jennison Assocs Lc reported 38,388 shares. Canada Pension Plan Inv Board accumulated 75,000 shares. Bokf Na owns 29,386 shares. Jump Trading Ltd Co invested in 0.03% or 5,669 shares. 14,874 are held by Private Na. Virtus Advisers holds 0.01% or 2.97 million shares. Origin Asset Mngmt Ltd Liability Partnership holds 691,544 shares.

Copart, Inc. provides online auctions and vehicle remarketing services. The company has market cap of $11.97 billion. It offers a range of services for processing and selling vehicles over the Internet through its Virtual Bidding Third Generation Internet auction-style sales technology to vehicle sellers, insurance companies, banks and finance companies, charities, and fleet operators and dealers, as well as for individual owners. It has a 36.31 P/E ratio. The companyÂ’s services include online seller access, salvage estimation, estimating, end-of-life vehicle processing, virtual insured exchange, transportation, vehicle inspection stations, on-demand reporting, motor vehicle regulatory agency processing, flexible vehicle processing programs, buy it now, member network, sales process, and dealer services.

Among 13 analysts covering Copart (NASDAQ:CPRT), 4 have Buy rating, 0 Sell and 9 Hold. Therefore 31% are positive. Copart has $63 highest and $33.0 lowest target. $52’s average target is 0.78% above currents $51.6 stock price. Copart had 30 analyst reports since January 15, 2016 according to SRatingsIntel. The firm has “Buy” rating by Robert W. Baird given on Monday, February 26. JP Morgan maintained Copart, Inc. (NASDAQ:CPRT) on Friday, May 27 with “Neutral” rating. The firm has “Hold” rating by Gabelli given on Tuesday, April 5. Jefferies maintained the stock with “Hold” rating in Wednesday, August 9 report. The firm has “Buy” rating by Stephens given on Tuesday, February 27. The rating was initiated by Jefferies with “Hold” on Monday, January 18. On Wednesday, November 22 the stock rating was maintained by Robert W. Baird with “Buy”. The stock of Copart, Inc. (NASDAQ:CPRT) has “Hold” rating given on Monday, February 26 by Jefferies. The stock has “Neutral” rating by CL King on Thursday, February 25. The firm has “Mkt Perform” rating given on Friday, September 23 by Barrington Research.

Analysts await Copart, Inc. (NASDAQ:CPRT) to report earnings on May, 23. They expect $0.48 EPS, up 29.73% or $0.11 from last year’s $0.37 per share. CPRT’s profit will be $111.36M for 26.88 P/E if the $0.48 EPS becomes a reality. After $0.47 actual EPS reported by Copart, Inc. for the previous quarter, Wall Street now forecasts 2.13% EPS growth.

Since January 2, 2018, it had 0 insider buys, and 2 insider sales for $3.63 million activity. Englander Daniel J sold $2.95 million worth of stock or 68,004 shares. 13,333 shares were sold by Blunt Matt, worth $676,522.

Adirondack Research & Management Inc. holds 0.46% of its portfolio in Orion Energy Systems, Inc for 1.33 million shares. North Star Investment Management Corp. owns 2.56 million shares or 0.27% of their US portfolio. Moreover, Ariel Investments Llc has 0.05% invested in the company for 5.27 million shares. The Pennsylvania-based Connors Investor Services Inc has invested 0.02% in the stock. Firsthand Capital Management Inc., a California-based fund reported 14,000 shares.

Analysts await Orion Energy Systems, Inc (NASDAQ:OESX) to report earnings on June, 14. They expect $-0.05 EPS, up 80.77% or $0.21 from last year’s $-0.26 per share. After $-0.05 actual EPS reported by Orion Energy Systems, Inc for the previous quarter, Wall Street now forecasts 0.00% EPS growth.

Copart, Inc. (NASDAQ:CPRT) Institutional Positions Chart

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By1 Linda Rogers

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