Copart Inc. (CPRT): Today's Featured Specialty Retail Winner

Copart ( CPRT) pushed the Specialty Retail industry higher today making it today's featured specialty retail winner. The industry as a whole closed the day down 1.9%. By the end of trading, Copart rose 26 cents (0.9%) to $27.55 on heavy volume. Throughout the day, 2.1 million shares of Copart exchanged hands as compared to its average daily volume of 523,000 shares. The stock ranged in a price between $26.51-$27.88 after having opened the day at $26.95 as compared to the previous trading day's close of $27.29. Another company within the Specialty Retail industry that increased today was Sport Chalet ( SPCHA), up 9.6%.

Copart, Inc. provides online auctions and vehicle remarketing services in the United States, Canada, and the United Kingdom. Copart has a market cap of $3.43 billion and is part of the services sector. The company has a P/E ratio of 21.8, above the average specialty retail industry P/E ratio of 21.4 and above the S&P 500 P/E ratio of 17.7. Shares are up 13% year to date as of the close of trading on Tuesday. Currently there is one analyst that rates Copart a buy, two analysts rate it a sell, and four rate it a hold.

TheStreet Ratings rates Copart as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, largely solid financial position with reasonable debt levels by most measures, notable return on equity, expanding profit margins and good cash flow from operations. Although the company may harbor some minor weaknesses, we feel they are unlikely to have a significant impact on results.

On the negative front, iParty Corporation ( IPT), down 10%, Zagg ( ZAGG), down 8.2%, Zale Corporation ( ZLC), down 7.2%, and Lentuo International ( LAS), down 6.4%, were all losers within the specialty retail industry with Netflix ( NFLX) being today's specialty retail industry loser.

For investors not wanting singular stock exposure, ETFs may be of interest. Investors who are bullish on the specialty retail industry could consider SPDR S&P Retail ETF ( XRT) while those bearish on the specialty retail industry could consider ProShares Ultra Sht Consumer Goods ( SZK).