10:55 AM EST, 11/21/2025 (MT Newswires) -- CFRA, an independent research provider, has provided MT Newswires with the following research alert. Analysts at CFRA have summarized their opinion as follows:

We lower our 12-month target by $10 to $55, based on a FY 27 P/E of 28.9x, a justified discount to CPRT's five-year average forward P/E of 33.1x. We lower our adjusted EPS estimates to $1.75 from $1.80 for FY 26 and to $1.90 from $2.00 for FY 27. After a better-than-expected quarter, we are lowering our price target but reiterating our Strong Buy on CPRT shares. CPRT posted Oct-Q EPS of $0.41 vs. $0.37 (+12%), a penny ahead of consensus. The beat was driven by much stronger-than-expected top gross margins, as revenue rose 0.7% to $1.16B ($20M short of consensus) and gross margin expanded 180 bps to 46.5% (120 bps ahead of consensus). While CPRT's sluggish top-line growth is a concern, we think headwinds will prove temporary and find the stock's risk/reward potential is highly attractive at the current levels. Management continues to do an excellent job controlling costs, but we think the company would be well-served by using a portion of its $5.1B net cash balance to buy back stock.