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Copart Inc (CPRT)
NASDAQ:CPRT
Copart (CPRT) Stock Price & Analysis
990 Followers
CPRT Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$42.41 - $58.58
Previous Close$53.35
Volume3.21M
Average Volume (3M)4.27M
Market Cap
$51.34B
Enterprise Value$49.36B
Total Cash (Recent Filing)$2.00B
Total Debt (Recent Filing)$427.00K
Price to Earnings (P/E)37.4
Beta1.05
Next Earnings
Sep 04, 2024EPS Estimate
$0.37Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)1.43
Shares Outstanding962,297,603
10 Day Avg. Volume3,675,691
30 Day Avg. Volume4,270,961
Standard Deviation0.09
R-Squared0.59
Alpha0.00646
Financial Highlights & Ratios
Price to Book (P/B)7.93
Price to Sales (P/S)52.32
Price to Cash Flow (P/CF)26.30
P/FCF Ratio29.80
Enterprise Value/Market CapN/A
Enterprise Value/Revenue11.85
Enterprise Value/Gross Profit28.42
Enterprise Value/Ebitda30.88
Forecast
1Y Price Target
$57.67Price Target Upside5.45% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering4
Copart News
PremiumMarket News
QQQ ETF Update, 4/3/2024 
PremiumMarket News
QQQ ETF Update, 4/1/2024 Bulls Say, Bears Say
Bulls Say
International ExpansionGlobal volume increased 11%, with international growth (+21%) outpacing U.S. growth (+9%).
Non-Insurance GrowthCopart is driving strong non-insurance growth through its platform as consignors increasingly discover value in Copart's bidder network, with dealer vehicles growing 18% and Copart Blue (fleet, finance, etc.) growing 24%.
Revenue GrowthCPRT’s global revenue increased 10% to $1.13 billion, driven by a 12% increase in global service revenue to $947 million due to higher volume.
Bears Say
Industry TrendsDeclines in new and used vehicle prices and elevated repair costs are driving a strong and continued recovery in total loss frequency.
RevenueDeclining average selling prices are leading to softer than anticipated revenue per unit growth.
ValuationCurrent valuation multiples give sufficient credit for industry tailwinds but are balanced by potential downside risks from accelerated used pricing moderation.
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Ownership Overview
10.08% Insiders
30.17% Mutual Funds
21.19% Other Institutional Investors
38.57% 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 Sep 04, 2024 which is in 63 days.
How were Copart Inc’s earnings last quarter?
Copart Inc released its earnings results on May 16, 2024. The company reported $0.39 earnings per share for the quarter, beating the consensus estimate of $0.387 by $0.003.
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 $0.39 in its last earnings report, beating expectations of $0.387. Following the earnings report the stock price went down -0.147%.
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 200M.
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Copart Stock Smart Score
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Analyst Consensus
Moderate Buy
Average Price Target:
$57.67 (5.45% Upside)
$57.67 (5.45% Upside)
Blogger Sentiment
Bullish
CPRT Sentiment 90%
Sector Average 69%
Sector Average 69%
Hedge Fund Trend
Decreased
By 238.3K Shares
Last Quarter.
Last Quarter.
Crowd Wisdom
Very Negative
Last 7 Days ▼ 1.9%
Last 30 Days ▼ 1.4%
Last 30 Days ▼ 1.4%
Technicals
SMA
Positive
20 days / 200 days
Momentum
16.98%
12-Months-Change
Fundamentals
Return on Equity
21.75%
Trailing 12-Months
Asset Growth
26.16%
Trailing 12-Months
Company Description
Copart Inc
Corning Incorporated engages in manufacturing glass panels, liquid crystal display glass and funnels used inmobiles, televisions, notebook computers, and flat panel desktop monitors. It also provides optical fiber, cable, and photonic components for the telecommunications industry as well as develops, manufactures and supplies scientific laboratory products.
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CPRT Earnings Call
Q3 2024
0:00 / 0:00
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CPRT Stock 12 Month Forecast
Average Price Target
$57.67
▲(5.45% Upside)
Technical Analysis
Best Analysts Covering CPRT
1 Year
1 Year Success Rate
10/11 ratings generated profit
1 Year Average Return
+31.00%
reiterated a buy rating 2 months ago
Copying Bret Jordan's trades and holding each position for 1 Year would result in 90.91% of your transactions generating a profit, with an average return of +31.00% per trade.
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