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Copart Inc (CPRT)
NASDAQ:CPRT
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CPRT Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$42.41 - $58.58
Previous Close$51
Volume4.15M
Average Volume (3M)4.70M
Market Cap
$49.08B
Enterprise Value$47.10B
Total Cash (Recent Filing)$2.00B
Total Debt (Recent Filing)$427.00K
Price to Earnings (P/E)36.5
Beta1.04
Next Earnings
Nov 13, 2024EPS Estimate
$0.37Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)1.40
Shares Outstanding962,297,603
10 Day Avg. Volume5,392,851
30 Day Avg. Volume4,703,354
Standard Deviation0.09
R-Squared0.59
Alpha0.00530
Financial Highlights & Ratios
Price to Book (P/B)6.85
Price to Sales (P/S)11.72
Price to Cash Flow (P/CF)24.60
P/FCF Ratio27.90
Enterprise Value/Market CapN/A
Enterprise Value/Revenue11.31
Enterprise Value/Gross Profit27.12
Enterprise Value/Ebitda29.47
Forecast
1Y Price Target
$55.50Price Target Upside7.14% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering3
Copart News
Bulls Say, Bears Say
Bulls Say
Growth InitiativesCopart has multiple initiatives to drive non-insurance volume through its platform, including Copart Blue (+20%), Copart Dealer Services (+10%), and Copart Direct.
International GrowthInternational units increased almost 17% in the quarter with fee-based units increasing more than 17% and purchased units up nearly 13%.
Market PositionCopart operates the leading global marketplace for salvage vehicles with a growing presence in other asset classes.
Bears Say
Financial PerformanceResults fell short as expenses ran high during an investment phase.
Market DynamicsPotential for the stock to churn as momentum investors exit, citing lighter tailwinds from share gains and slower expansion in the total loss rate – as well as temporary margin erosion as Copart invests in the platform.
Revenue GrowthExpectations for 4.3% year-over-year revenue growth and 6% year-over-year adjusted EPS growth are conservative and reflect a potential challenging environment for salvage supply as collision claims declined 7% in calendar Q2/24.
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Ownership Overview
10.08% Insiders
30.22% Mutual Funds
41.18% Other Institutional Investors
18.52% Public Companies and Individual Investors
Risk Analysis
Main Risk Category
Finance & CorporateFinancial and accounting risks. Risks related to the execution of corporate activity and strategy
Website Traffic
The estimated number of people who visited one or more of the websites owned by Copart
Desktop Users
Mobile Users
CPRT FAQ
What was Copart Inc’s price range in the past 12 months?
Copart Inc lowest stock price was $42.41 and its highest was $58.58 in the past 12 months.
What is Copart Inc’s market cap?
Currently, no data Available
When is Copart Inc’s upcoming earnings report date?
Copart Inc’s upcoming earnings report date is Nov 13, 2024 which is in 54 days.
How were Copart Inc’s earnings last quarter?
Copart Inc released its earnings results on Sep 04, 2024. The company reported $0.33 earnings per share for the quarter, missing the consensus estimate of $0.365 by -$0.035.
Is Copart Inc overvalued?
According to Wall Street analysts Copart Inc’s price is currently Undervalued.
Does Copart Inc pay dividends?
Copart Inc does not currently pay dividends.
What is Copart Inc’s EPS estimate?
Copart Inc’s EPS estimate is $0.37.
How many shares outstanding does Copart Inc have?
Copart Inc has 962,297,600 shares outstanding.
What happened to Copart Inc’s price movement after its last earnings report?
Copart Inc reported an EPS of $0.33 in its last earnings report, missing expectations of $0.365. Following the earnings report the stock price went down -6.673%.
Which hedge fund is a major shareholder of Copart Inc?
Among the largest hedge funds holding Copart Inc’s share is Gobi Capital Llc. It holds Copart Inc’s shares valued at 187M.
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Copart Stock Smart Score
Unlock Smart Score
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Analyst Consensus
Moderate Buy
Average Price Target:
$55.50 (7.14% Upside)
$55.50 (7.14% Upside)
Blogger Sentiment
Bullish
CPRT Sentiment 100%
Sector Average 68%
Sector Average 68%
Hedge Fund Trend
Increased
By 2.3M Shares
Last Quarter.
Last Quarter.
Crowd Wisdom
Positive
Last 7 Days ▼ 1.3%
Last 30 Days ▲ 3.0%
Last 30 Days ▲ 3.0%
News Sentiment
Neutral
Bullish news 50%
Bearish news 50%
Bearish news 50%
Technicals
SMA
Negative
20 days / 200 days
Momentum
14.78%
12-Months-Change
Fundamentals
Return on Equity
20.16%
Trailing 12-Months
Asset Growth
25.08%
Trailing 12-Months
Company Description
Copart Inc
Texas-based Copart, Inc. provides online vehicle auction services for used, wholesale, and repairable autos. Copart’s innovative technology and online auction platform brings together buyers and sellers from across the globe. Copart’s vehicle sale services are used by dealers, dismantlers, rebuilders, exporters, and general public. Plus, the company sells autos on behalf of insurance companies, banks, finance companies, charities, fleet operators, dealers, vehicle rental companies, and individuals. Its operations span across the U.S., Canada, UK, Brazil, Germany, Finland, and the United Arab Emirates.
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CPRT Earnings Call
Q4 2024
0:00 / 0:00
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CPRT Stock 12 Month Forecast
Average Price Target
$55.50
▲(7.14% Upside)
Technical Analysis
Best Analysts Covering CPRT
1 Year
1 Year Success Rate
24/30 ratings generated profit
1 Year Average Return
+22.82%
assigned a buy rating 16 days ago
Copying Craig Kennison's trades and holding each position for 1 Year would result in 80.00% of your transactions generating a profit, with an average return of +22.82% per trade.
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