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Copart (CPRT) Stock Price, News & Analysis

-0.43 (-0.80%)
(As of 05/23/2024 ET)
Today's Range
50-Day Range
52-Week Range
3.31 million shs
Average Volume
4.45 million shs
Market Capitalization
$51.46 billion
P/E Ratio
Dividend Yield
Price Target

Copart MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.50 Rating Score
4.7% Downside
$51.00 Price Target
Short Interest
1.47% of Shares Sold Short
Dividend Strength
Upright™ Environmental Score
News Sentiment
0.88mentions of Copart in the last 14 days
Based on 12 Articles This Week
Insider Trading
Selling Shares
$55.52 M Sold Last Quarter
Proj. Earnings Growth
From $1.44 to $1.61 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

3.24 out of 5 stars

Business Services Sector

144th out of 292 stocks

Automotive Dealers & Gasoline Service Stations Industry

11th out of 18 stocks

CPRT stock logo

About Copart Stock (NASDAQ:CPRT)

Copart, Inc. is a global online vehicle auction and remarketing services provider. With headquarters in Dallas, Texas, Copart operates in 11 countries, including the United States, Canada, the United Kingdom, Germany, Brazil, Spain, and the United Arab Emirates. The company's mission is to connect vehicle sellers, such as insurance, rental car, fleet, and finance companies, with buyers ranging from consumers to automotive businesses through its innovative online auction platform.

Copart's core business revolves around facilitating the buying and selling of used, wholesale, and repairable vehicles. It operates a network of over 200 physical locations worldwide, housing over 10,000 acres of vehicle inventory. Through its patented virtual auction technology, known as VB3, Copart enables sellers to efficiently process and sell vehicles over the Internet, providing convenience and broad access to a global marketplace. Copart also offers additional services such as salvage estimation, transportation, vehicle inspection, and vehicle title processing.

The company's target market includes licensed vehicle dismantlers, rebuilders, repair licensees, used vehicle dealers, exporters, and individual buyers. Copart has established itself as a trusted partner in the automotive industry, serving major insurance companies and other key customers. 

A dedicated and experienced management team leads Copart. Founder Willis J. Johnson is the Executive Chairman, providing strategic guidance and industry expertise. Chief Executive Officer A. Jayson Adair oversees the overall operations and growth of the company, leveraging his deep knowledge of the automotive remarketing industry. Chief Financial Officer Jeffrey Liaw ensures financial stability and drives value for shareholders. 

Copart has demonstrated strong financial performance in recent years. The company recently reported increasing revenue representing a year-over-year growth of over 25%. Net income and net profit margin have also recently increased. Copart's robust financial position is reflected in its impressive return on equity of over 20%.

When considering Copart's valuation, the stock has shown resilience and growth potential. The market recognizes the company's strong performance and future prospects. Copart's stock has exhibited positive market performance. While stock prices are subject to fluctuations, Copart has witnessed notable price movements and changes in trading volume in response to various news and events. Investors should closely monitor any developments impacting the company's share price, such as earnings announcements, regulatory changes, or industry trends.

Copart operates in the automotive remarketing industry, which encompasses the auctioning and selling of used vehicles. The industry is highly competitive, with numerous players offering similar services. However, Copart differentiates itself through its innovative online auction platform, broad geographic presence, and extensive inventory. The company has established strong relationships with insurance companies, leveraging its position as a trusted partner in the salvage vehicle market. Regulatory and political factors and technological advancements can influence the industry's dynamics, making it crucial for Copart to remain adaptable and responsive to changing market conditions.

Copart has several growth opportunities on the horizon. The company can explore expansion into new markets and countries, leveraging its successful international operations in countries like the UK, Germany, and Brazil. Additionally, Copart can further enhance its technology and online auction platform, offering enhanced user experiences and attracting a wider customer base. Acquisitions and strategic partnerships may also present avenues for growth, allowing Copart to expand its market share and diversify its offerings.

As with any business, Copart faces risks and challenges that could impact its operations and financial performance. The company is susceptible to changes in consumer preferences, market demand for used vehicles, and economic fluctuations. Regulatory changes related to vehicle registration, titling, and insurance can also impact Copart's business model. Additionally, intense competition within the automotive remarketing industry may put pressure on pricing and margins. Copart addresses these challenges through ongoing risk management strategies, including maintaining strong relationships with key customers and investing in technology and infrastructure to stay ahead of the competition.

CPRT Stock Price History

CPRT Stock News Headlines

Copart’s Market Dominance and Growth Trajectory Affirm Buy Rating
Copart, Inc. Q3 Income Increases In Line With Estimates
Copart earnings preview: what Wall Street is expecting
Copart Q3 2024 Earnings Preview
Copart (CPRT) to Release Quarterly Earnings on Thursday
CPRT Crosses Above Average Analyst Target
See More Headlines
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Company Calendar

Last Earnings
Fiscal Year End
Next Earnings (Estimated)

Industry, Sector and Symbol

Automotive dealers & gasoline service stations
Diversified Support Services
Current Symbol
Year Founded

Price Target and Rating

Average Stock Price Target
High Stock Price Target
Low Stock Price Target
Potential Upside/Downside
Consensus Rating
Moderate Buy
Rating Score (0-4)
Research Coverage
4 Analysts


Net Income
$1.24 billion
Pretax Margin


Sales & Book Value

Annual Sales
$3.87 billion
Cash Flow
$1.40 per share
Book Value
$7.46 per share


Free Float
Market Cap
$51.38 billion

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CPRT Stock Analysis - Frequently Asked Questions

Should I buy or sell Copart stock right now?

4 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Copart in the last twelve months. There are currently 2 hold ratings and 2 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "moderate buy" CPRT shares.
View CPRT analyst ratings
or view top-rated stocks.

What is Copart's stock price target for 2024?

4 Wall Street research analysts have issued 12 month price targets for Copart's stock. Their CPRT share price targets range from $48.00 to $53.00. On average, they expect the company's stock price to reach $51.00 in the next year. This suggests that the stock has a possible downside of 4.7%.
View analysts price targets for CPRT
or view top-rated stocks among Wall Street analysts.

How have CPRT shares performed in 2024?

Copart's stock was trading at $49.00 at the beginning of 2024. Since then, CPRT stock has increased by 9.2% and is now trading at $53.52.
View the best growth stocks for 2024 here

When is Copart's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Thursday, September 12th 2024.
View our CPRT earnings forecast

How were Copart's earnings last quarter?

Copart, Inc. (NASDAQ:CPRT) released its earnings results on Thursday, May, 16th. The business services provider reported $0.39 earnings per share for the quarter, beating the consensus estimate of $0.38 by $0.01. The business services provider earned $1.13 billion during the quarter, compared to the consensus estimate of $1.11 billion. Copart had a trailing twelve-month return on equity of 20.80% and a net margin of 33.33%. The firm's revenue was up 10.3% compared to the same quarter last year. During the same period in the previous year, the firm earned $0.36 earnings per share.
Read the conference call transcript

When did Copart's stock split?

Shares of Copart split on the morning of Friday, August 11th 2023. The 2-1 split was announced on Friday, August 11th 2023. The newly minted shares were distributed to shareholders after the closing bell on Friday, August 11th 2023. An investor that had 100 shares of stock prior to the split would have 200 shares after the split.

What is Jay Adair's approval rating as Copart's CEO?

259 employees have rated Copart Chief Executive Officer Jay Adair on Jay Adair has an approval rating of 88% among the company's employees.

What other stocks do shareholders of Copart own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Copart investors own include NVIDIA (NVDA), Alibaba Group (BABA), Adobe (ADBE), Lululemon Athletica (LULU), Mastercard (MA), Advanced Micro Devices (AMD), Walt Disney (DIS), Home Depot (HD), Intel (INTC) and Verizon Communications (VZ).

Who are Copart's major shareholders?

Copart's stock is owned by many different institutional and retail investors. Top institutional investors include Vanguard Group Inc. (10.31%), Principal Financial Group Inc. (4.08%), Capital World Investors (1.89%), Capital Research Global Investors (1.62%), Bank of New York Mellon Corp (1.54%) and Price T Rowe Associates Inc. MD (0.71%). Insiders that own company stock include A Jayson Adair, Daniel J Englander, Jeffrey Liaw, Matt Blunt, Stephen Fisher, Steven D Cohan, Steven D Cohan, Thomas N Tryforos and Willis J Johnson.
View institutional ownership trends

How do I buy shares of Copart?

Shares of CPRT stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

Does Copart have any subsidiaries?
The following companies are subsidiares of Copart: AG Watson Auto Salvage & Motor Spares (Scotland), Barodge Auto Pool, Berpa Auto Auction, Blue Fortress Holdings LLC, Blue Magnum Fortress Holdings LLC, Bob Lowe Salvage Pool, CPRT (Europe) Limited, CPRT European Investments Limited, CPRT GmbH, CPRT Holding Company Netherlands B.V., CPRT Holdings LLC, CPRT LLP, Century Salvage Sales, Copart Autos España S.L.U., Copart Bahrain Auctions WLL, Copart Batavia B.V., Copart Canada Inc, Copart Catastrophe Response Fleet LLC, Copart Claims Handling Services Limited, Copart Deutschland GmbH, Copart Europe Limited, Copart India Private Limited, Copart Investment Holdings LLC, Copart Montréal Inc., Copart Muscat Auctions LLC, Copart Singapore Private Limited, Copart Suomi Oy, Copart UAE Auctions LLC, Copart UK Limited, Copart Vehicle Auctions Ireland Limited, Copart do Brasil Organização de Leilões Ltda., Copart do Brasil Transportes Ltda., Copart of Arizona Inc., Copart of Arkansas Inc., Copart of Connecticut Inc., Copart of Florida Inc., Copart of Houston Inc, Copart of Kansas Inc., Copart of Louisiana Inc., Copart of Missouri Inc., Copart of Oklahoma Inc., Copart of Tennessee Inc., Copart of Texas Inc., Copart of Washington Inc., Copart-Dallas Inc., Copart-Houston Inc., Crashed Toys L.L.C., Cycle Express LLC, D Hales, Dallas Copart Salvage Auto Auctions Limited Partnership, Houston Copart Salvage Auto Auctions Limited Partnership, National Powersport Auctions Logo National Powersport Auctions, Salvage Parent, TRAPOC GmbH, TRPC Limited, Trapoc Immobilien GmbH, Trapoc Limited, U-Pull-It Limited, Universal Salvage, Universal Salvage Limited, Vincent Auto Solutions, W.O.M. Service GmbH, and WOM WreckOnlineMarket GmbH.
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This page (NASDAQ:CPRT) was last updated on 5/23/2024 by Staff

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