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Copart Inc (CPRT)
NASDAQ:CPRT
Copart (CPRT) Stock Price & Analysis
957 Followers
CPRT Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$39.06 - $58.58
Previous Close$54.4
Volume5.29M
Average Volume (3M)4.69M
Market Cap
$52.34B
Enterprise Value$50.92B
Total Cash (Recent Filing)$1.41B
Total Debt (Recent Filing)$453.00K
Price to Earnings (P/E)38.9
Beta0.99
Next Earnings
May 22, 2024EPS Estimate
$0.39Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)1.40
Shares Outstanding961,461,830
10 Day Avg. Volume3,830,106
30 Day Avg. Volume4,694,184
Standard Deviation0.09
R-Squared0.57
Alpha0.01
Financial Highlights & Ratios
Price to Book (P/B)8.45
Price to Sales (P/S)51.27
Price to Cash Flow (P/CF)80.90
P/FCF Ratio199.20
Enterprise Value/Market CapN/A
Enterprise Value/Revenue16.74
Enterprise Value/Gross Profit29.31
Enterprise Value/Ebitda31.76
Forecast
1Y Price Target
$56.00Price Target Upside1.45% 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 
PremiumMarket News
QQQ ETF Update, 3/28/2024 
PremiumMarket News
QQQ ETF Update, 3/20/2024 Bulls Say, Bears Say
Bulls Say
Financial PerformanceGlobal revenue and gross profit increased due to higher average revenue per unit and increased volumes, with gross profit margin improving by approximately 100 basis points to 45.5%, driven by strong growth in consignment units.
Leadership And ManagementJeff Liaw has been appointed the sole CEO, recognized for thinking like a founder with a profound focus on customers and employees. The board's confidence in Jeff Liaw to lead Copart into the future highlights a seamless transition in leadership and dedication to delivering outstanding outcomes.
Market ExpansionCopart's growing presence in non-insurance and heavy equipment markets expands its business, while significant year-over-year non-insurance volume growth demonstrates successful expansion into new markets, leveraging the company's strong online platform.
Bears Say
Cost ManagementThe company faced over $3 million in unexpected one-time costs, contributing to a significant increase in General & Administrative (G&A) expenses.
Earnings PerformanceQ2/24 earnings per share (EPS) were negatively impacted by unexpectedly high General & Administrative (G&A) expenses.
Profitability ConcernsIncreased Selling, General, and Administrative (SG&A) expenses are eroding operating margins, despite being part of strategic investments aimed at future growth.
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Ownership Overview
10.00% Insiders
29.32% Mutual Funds
24.88% Other Institutional Investors
35.80% 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 $39.06 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 May 22, 2024 which is in 18 days.
How were Copart Inc’s earnings last quarter?
Copart Inc released its earnings results on Feb 22, 2024. The company reported $0.33 earnings per share for the quarter, missing the consensus estimate of $0.345 by -$0.015.
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 $0.39.
How many shares outstanding does Copart Inc have?
Copart Inc has 961,461,850 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 $0.345. Following the earnings report the stock price went up 3.987%.
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 169M.
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Copart Stock Smart Score
Outperform
1
2
3
4
5
6
7
8
9
10
Analyst Consensus
Moderate Buy
Average Price Target:
$56.00 (1.45% Upside)
$56.00 (1.45% Upside)
Blogger Sentiment
Bullish
CPRT Sentiment 91%
Sector Average 68%
Sector Average 68%
Hedge Fund Trend
Decreased
By 51.2K Shares
Last Quarter.
Last Quarter.
Insider Transactions
Sold Shares
Worth $39.8M over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Negative
Last 7 Days ▲ 0.3%
Last 30 Days ▼ 1.7%
Last 30 Days ▼ 1.7%
Technicals
SMA
Positive
20 days / 200 days
Momentum
38.21%
12-Months-Change
Fundamentals
Return on Equity
22.60%
Trailing 12-Months
Asset Growth
28.08%
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
Q2 2024
0:00 / 0:00
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CPRT Stock 12 Months Forecast
Average Price Target
$56.00
▲(1.45% Upside)
Technical Analysis
Best Analysts Covering CPRT
1 Year
1 Year Success Rate
10/10 ratings generated profit
1 Year Average Return
+34.99%
reiterated a buy rating 2 months ago
Copying Bret Jordan's trades and holding each position for 1 Year would result in 100.00% of your transactions generating a profit, with an average return of +34.99% per trade.
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