Copart Company Profile (NASDAQ:CPRT)

About Copart (NASDAQ:CPRT)

Copart logoCopart, Inc. (Copart) is a provider of online auctions and vehicle remarketing services in the United States, Canada, the United Kingdom, the United Arab Emirates, Oman, Bahrain, Brazil, Ireland, Spain and India. The Company also provides vehicle remarketing services in Germany. The Company operates through two segments: United States and International. The Company provides vehicle sellers with a range of services to process and sell vehicles primarily over the Internet through its virtual bidding third generation Internet auction-style sales technology (VB3). The Company's service offerings include Online Seller Access, Salvage Estimation Services, Estimating Services, End-Of-Life Vehicle Processing, Virtual Insured Exchange (VIX), Transportation Services, Vehicle Inspection Stations, On-Demand Reporting, Department of Motor Vehicle (DMV) Processing, Flexible Vehicle Processing Programs, Buy It Now, Member Network, Sales Process, Copart Dealer Services, CashForCars.com and U-Pull-It.

Industry, Sector and Symbol:
  • Sector: Business Services
  • Industry: Auto Dealerships
  • Sub-Industry: Diversified Support Services
  • Symbol: NASDAQ:CPRT
  • CUSIP: 21720410
  • Web: www.copart.com
Capitalization:
  • Market Cap: $6.9 billion
  • Outstanding Shares: 229,695,000
Average Prices:
  • 50 Day Moving Avg: $35.31
  • 200 Day Moving Avg: $51.68
  • 52 Week Range: $21.31 - $31.57
P/E:
  • Trailing P/E Ratio: 18.17
  • Foreward P/E Ratio: 21.44
  • P/E Growth: 1.33
Sales & Book Value:
  • Annual Revenue: $1.38 billion
  • Price / Sales: 5.00
  • Book Value: $3.90 per share
  • Price / Book: 7.70
Profitability:
  • EBIDTA: $488.56 million
  • Net Margins: 29.00%
  • Return on Equity: 35.43%
  • Return on Assets: 16.14%
Debt:
  • Debt-to-Equity Ratio: 0.71%
  • Current Ratio: 1.76%
  • Quick Ratio: 1.74%
Misc:
  • Average Volume: 668,940 shs.
  • Beta: 1
  • Short Ratio: 8.63
 

Frequently Asked Questions for Copart (NASDAQ:CPRT)

What is Copart's stock symbol?

Copart trades on the NASDAQ under the ticker symbol "CPRT."

How were Copart's earnings last quarter?

Copart, Inc. (NASDAQ:CPRT) released its quarterly earnings results on Wednesday, May, 25th. The company reported $0.64 earnings per share for the quarter, beating the Zacks' consensus estimate of $0.54 by $0.10. The business earned $247.20 million during the quarter, compared to analyst estimates of $321.16 million. Copart had a net margin of 29.00% and a return on equity of 35.43%. The business's revenue was up 16.9% on a year-over-year basis. During the same period last year, the business earned $0.44 EPS. View Copart's Earnings History.

Where is Copart's stock going? Where will Copart's stock price be in 2017?

7 brokerages have issued 1 year target prices for Copart's stock. Their forecasts range from $30.00 to $63.00. On average, they anticipate Copart's share price to reach $51.40 in the next year. View Analyst Ratings for Copart.

What are analysts saying about Copart stock?

Here are some recent quotes from research analysts about Copart stock:

  • 1. According to Zacks Investment Research, "Quarterly earnings estimates for Copart have been stable lately.  The company is gaining from several tailwinds such as rising revenues and geographic expansion. The company has opened 200 locations worldwide. It is expanding its network of facilities to manage increasing volumes. Copart also occasionally repurchases shares to boost shareholder value. However, Copart is highly exposed to currency fluctuations. Moreover, improving safety features in vehicles may impact revenue growth. The company has underperformed the Zacks-categorized Auction and Valuation Services industry over the last three months." (5/23/2017)
  • 2. Jefferies Group LLC analysts commented, "After the close, NFLX reported slightly weaker than expected 1Q:17 paid net adds and slightly stronger than expected 2Q net-add guidance. In our view, the near-term story is unchanged. The shift in net adds to 2Q reflects content timing vs. a material change in NFLX’s growth trajectory. Management reiterated its 7% operating margin target for 2017, although 2Q margins will contract before expanding again in 2H:17. Domestic ASP increased on a full quarter of ungrandfathered pricing and 4K UHD adoption, while international pricing remained relatively flat." (4/18/2017)

Are investors shorting Copart?

Copart saw a decline in short interest in the month of April. As of April 13th, there was short interest totalling 10,424,199 shares, a decline of 10.5% from the March 31st total of 11,647,040 shares. Based on an average trading volume of 1,133,482 shares, the days-to-cover ratio is presently 9.2 days. Currently, 5.2% of the shares of the stock are short sold.

Who are some of Copart's key competitors?

Who owns Copart stock?

Copart's stock is owned by a number of of institutional and retail investors. Top institutional shareholders include Vanguard Group Inc. (3.46%), BlackRock Inc. (3.44%), Lazard Asset Management LLC (2.95%), William Blair Investment Management LLC (2.39%), Principal Financial Group Inc. (1.56%) and Kayne Anderson Rudnick Investment Management LLC (1.26%). Company insiders that own Copart stock include A Jayson Adair, James E Meeks, Matt Blunt, Paul A Styer, Robert H Vannuccini, Sean Eldridge, Steven D Cohan, Vikrant Bhatia, Vincent W Mitz and William E Franklin. View Institutional Ownership Trends for Copart.

Who sold Copart stock? Who is selling Copart stock?

Copart's stock was sold by a variety of institutional investors in the last quarter, including Jennison Associates LLC, King Luther Capital Management Corp, First Quadrant L P CA, Nicholas Company Inc., Royce & Associates LP, Bank of America Corp DE, Thrivent Financial For Lutherans and US Bancorp DE. Company insiders that have sold Copart stock in the last year include A Jayson Adair, James E Meeks, Matt Blunt, Paul A Styer, Robert H Vannuccini, Sean Eldridge, Steven D Cohan, Vikrant Bhatia, Vincent W Mitz and William E Franklin. View Insider Buying and Selling for Copart.

Who bought Copart stock? Who is buying Copart stock?

Copart's stock was purchased by a variety of institutional investors in the last quarter, including BlackRock Inc., William Blair Investment Management LLC, Columbia Wanger Asset Management LLC, Vanguard Group Inc., Kayne Anderson Rudnick Investment Management LLC, Candriam Luxembourg S.C.A., Old Mutual Global Investors UK Ltd. and LaFleur & Godfrey LLC. View Insider Buying and Selling for Copart.

How do I buy Copart stock?

Shares of Copart can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

How much does a share of Copart stock cost?

One share of Copart stock can currently be purchased for approximately $30.02.

Analyst Ratings

Consensus Ratings for Copart (NASDAQ:CPRT) (?)
Ratings Breakdown: 6 Hold Ratings, 1 Buy Rating
Consensus Rating:Hold (Score: 2.14)
Consensus Price Target: $51.40 (71.22% upside)

Analysts' Ratings History for Copart (NASDAQ:CPRT)
Show:
DateFirmActionRatingPrice TargetImpact on Share PriceDetails
4/18/2017Jefferies Group LLCReiterated RatingHold$30.00LowView Rating Details
11/23/2016StephensDowngradeOverweight -> Equal WeightN/AView Rating Details
9/23/2016Bank of America CorpUpgradeNeutral -> Buy$52.00 -> $63.00N/AView Rating Details
9/23/2016Barrington ResearchDowngradeOutperform -> Market PerformN/AView Rating Details
8/25/2016Susquehanna Bancshares IncInitiated CoverageNeutral$53.00N/AView Rating Details
8/25/2016Northcoast ResearchDowngradeBuy -> NeutralN/AView Rating Details
5/27/2016JPMorgan Chase & Co.Boost Price TargetNeutral$43.00 -> $50.00N/AView Rating Details
4/5/2016GabelliInitiated CoverageHold$46.00N/AView Rating Details
2/25/2016CL KingUpgradeSell -> NeutralN/AView Rating Details
5/29/2015SunTrust Banks, Inc.UpgradeReduce -> Neutral$33.00N/AView Rating Details
(Data available from 5/24/2015 forward)

Earnings

Earnings History for Copart (NASDAQ:CPRT)
Earnings by Quarter for Copart (NASDAQ:CPRT)
Earnings History by Quarter for Copart (NASDAQ:CPRT)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
2/21/2017Q2 2017$0.57$0.58$339.23 million$349.50 millionViewN/AView Earnings Details
11/21/2016Q117$0.55$0.57$326.11 million$345.99 millionViewN/AView Earnings Details
9/20/2016Q416$0.55$0.59$317.55 million$332.66 millionViewN/AView Earnings Details
5/25/2016Q316$0.54$0.64$321.16 million$247.20 millionViewN/AView Earnings Details
2/23/2016Q216$0.43$0.48$281.85 million$299.70 millionViewListenView Earnings Details
11/23/2015Q116$0.43$0.42$290.22 million$288.80 millionViewN/AView Earnings Details
9/22/2015Q415$0.39$0.44$280.40 million$282.29 millionViewListenView Earnings Details
5/27/2015Q315$0.49$0.44$311.61 million$297.14 millionViewN/AView Earnings Details
2/24/2015Q215$0.41$0.40$301.16 million$276.30 millionViewN/AView Earnings Details
11/24/2014Q1 15$0.37$0.40$303.50 million$290.40 millionViewN/AView Earnings Details
5/28/2014Q3 2014$0.47$0.46$309.72 million$309.70 millionViewN/AView Earnings Details
2/25/2014$0.37$0.35ViewN/AView Earnings Details
11/26/2013Q1$0.34$0.32ViewN/AView Earnings Details
5/30/2013Q3 2013$0.49$0.41$282.05 million$277.60 millionViewN/AView Earnings Details
11/27/20120.36$0.36$238.87 millionViewN/AView Earnings Details
5/29/2012$0.43$0.44ViewN/AView Earnings Details
2/28/2012$0.59$0.71ViewN/AView Earnings Details
3/2/2011$0.45$0.45ViewN/AView Earnings Details
(Data available from 1/1/2011 forward)

Estimates

Earnings Estimates for Copart (NASDAQ:CPRT)
2017 EPS Consensus Estimate: $2.31
2018 EPS Consensus Estimate: $2.74
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20173$0.42$0.57$0.50
Q2 20173$0.55$0.58$0.57
Q3 20173$0.37$0.75$0.61
Q4 20173$0.62$0.64$0.63
Q1 20182$0.63$0.63$0.63
Q2 20182$0.63$0.66$0.65
Q3 20182$0.72$0.85$0.79
Q4 20182$0.66$0.69$0.68
(Data provided by Zacks Investment Research)

Dividends

Dividend History for Copart (NASDAQ:CPRT)
No dividend announcements for this company have been tracked by MarketBeat.com

Insider Trades

Insider Trading and Institutional Ownership History for Copart (NASDAQ:CPRT)
Insider Ownership Percentage: 17.00%
Institutional Ownership Percentage: 79.68%
Insider Trades by Quarter for Copart (NASDAQ:CPRT)
Institutional Ownership by Quarter for Copart (NASDAQ:CPRT)
Insider Trades by Quarter for Copart (NASDAQ:CPRT)
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
3/30/2017A Jayson AdairCEOSell200,000$62.06$12,412,000.00View SEC Filing  
3/10/2017James E MeeksDirectorSell16,500$60.52$998,580.00View SEC Filing  
3/9/2017James E MeeksDirectorSell53,203$60.54$3,220,909.62View SEC Filing  
12/20/2016Vikrant BhatiaEVPSell3,000$56.46$169,380.00View SEC Filing  
10/14/2016James E MeeksDirectorSell64,222$54.09$3,473,767.98View SEC Filing  
10/12/2016James E MeeksDirectorSell26,075$54.14$1,411,700.50View SEC Filing  
9/23/2016A Jayson AdairCEOSell200,000$53.61$10,722,000.00View SEC Filing  
9/23/2016Matt BluntDirectorSell65,000$53.53$3,479,450.00View SEC Filing  
9/23/2016Sean EldridgeCOOSell22,485$53.61$1,205,420.85View SEC Filing  
9/22/2016Vincent W MitzPresidentSell200,000$53.27$10,654,000.00View SEC Filing  
9/22/2016William E. FranklinInsiderSell100,000$52.95$5,295,000.00View SEC Filing  
7/14/2016Robert H VannucciniSVPSell12,577$49.96$628,346.92View SEC Filing  
7/5/2016Paul A StyerSVPSell7,640$49.26$376,346.40View SEC Filing  
6/23/2016Paul A StyerSVPSell8,101$49.27$399,136.27View SEC Filing  
6/20/2016Paul A StyerSVPSell13,590$49.39$671,210.10View SEC Filing  
5/27/2016Steven D CohanDirectorSell160,000$48.85$7,816,000.00View SEC Filing  
4/13/2016Paul A StyerSVPSell2,000$41.95$83,900.00View SEC Filing  
4/11/2016James E MeeksDirectorSell40,000$41.12$1,644,800.00View SEC Filing  
3/31/2016Sean EldridgeCOOSell10,436$41.02$428,084.72View SEC Filing  
3/28/2016Paul A StyerSVPSell5,000$40.48$202,400.00View SEC Filing  
7/10/2015Vikrant BhatiaSVPBuy5,500$35.43$194,865.00View SEC Filing  
10/9/2014Rama PrasadSVPBuy5,675$30.95$175,641.25View SEC Filing  
9/25/2014Bruce William BishopSVPBuy1,000$31.26$31,260.00View SEC Filing  
6/30/2014Paul A StyerSVPSell5,000$35.71$178,550.00View SEC Filing  
6/9/2014Robert H VannucciniSVPSell33,509$36.71$1,230,115.39View SEC Filing  
6/6/2014James E MeeksDirectorSell9,277$36.33$337,033.41View SEC Filing  
6/5/2014James E MeeksDirectorSell85,723$36.11$3,095,457.53View SEC Filing  
6/5/2014Matthew M BurgenerSVPSell46,667$36.00$1,680,012.00View SEC Filing  
4/9/2014Paul StyerSVPSell25,000$36.80$920,000.00View SEC Filing  
4/1/2014Matt BluntDirectorSell35,000$36.57$1,279,950.00View SEC Filing  
1/3/2014Vincent MitzPresidentSell188,372$36.42$6,860,508.24View SEC Filing  
10/1/2013Willis Johnsonmajor shareholderBuy405,400$31.63$12,822,802.00View SEC Filing  
9/27/2013Willis Johnsonmajor shareholderBuy227,900$30.96$7,055,784.00View SEC Filing  
7/8/2013Matt BluntDirectorSell10,000$32.00$320,000.00View SEC Filing  
6/13/2013John LindleSVPBuy4,750$31.23$148,342.50View SEC Filing  
6/11/2013John LindleSVPBuy5,100$31.75$161,925.00View SEC Filing  
6/7/2013John LindleSVPBuy4,500$32.22$144,990.00View SEC Filing  
6/3/2013Daniel J EnglanderDirectorSell40,000$34.98$1,399,200.00View SEC Filing  
4/15/2013Daniel J EnglanderDirectorSell40,000$33.14$1,325,600.00View SEC Filing  
4/10/2013Simon RoteVPSell5,000$33.97$169,850.00View SEC Filing  
3/6/2013Steven D CohanDirectorSell100,000$33.47$3,347,000.00View SEC Filing  
10/4/2012Russell LowyCOOSell39,219$27.50$1,078,522.50View SEC Filing  
(Data available from 1/1/2013 forward)

Headlines

Headline Trends for Copart (NASDAQ:CPRT)
Latest Headlines for Copart (NASDAQ:CPRT)
Source:
DateHeadline
americanbankingnews.com logoCopart, Inc. (CPRT) Lowered to "Hold" at Zacks Investment Research
www.americanbankingnews.com - May 23 at 1:16 PM
finance.yahoo.com logoCopart, Inc. to Webcast Third Quarter Fiscal 2017 Results
finance.yahoo.com - May 19 at 8:35 AM
finance.yahoo.com logoCopart Announces the Launch of Its Fourth Annual Rebuild Challenge Contest
finance.yahoo.com - May 18 at 11:01 AM
seekingalpha.com logoCopart: Undervalued Gem In A Niche Industry
seekingalpha.com - May 15 at 4:22 PM
finance.yahoo.com logoCopart Announces Expansion of Its Location near Altoona, Pennsylvania
finance.yahoo.com - May 10 at 8:11 AM
americanbankingnews.com logoCopart, Inc. (CPRT) Receives Average Recommendation of "Hold" from Brokerages
www.americanbankingnews.com - May 5 at 10:52 AM
finance.yahoo.com logoCopart, Inc. breached its 50 day moving average in a Bearish Manner : CPRT-US : May 4, 2017
finance.yahoo.com - May 4 at 8:59 AM
americanbankingnews.com logoFavorable News Coverage Extremely Likely to Impact Copart (CPRT) Share Price
www.americanbankingnews.com - May 2 at 8:20 AM
finance.yahoo.com logoWhich Is A Better Investment: Automakers, Auto Suppliers Or Car Parts/Service Providers?
finance.yahoo.com - April 29 at 5:07 PM
americanbankingnews.com logoCopart (CPRT) Earning Somewhat Positive Media Coverage, AlphaOne Reports
www.americanbankingnews.com - April 29 at 12:53 PM
americanbankingnews.com logoShort Interest in Copart, Inc. (CPRT) Decreases By 10.5%
www.americanbankingnews.com - April 28 at 7:14 AM
finance.yahoo.com logoToday's Bell Ringer, April 26, 2016
finance.yahoo.com - April 27 at 2:12 AM
finance.yahoo.com logoOpening Bell, April 26, 2017
finance.yahoo.com - April 27 at 2:12 AM
americanbankingnews.com logoSomewhat Favorable News Coverage Extremely Likely to Affect Copart (CPRT) Share Price
www.americanbankingnews.com - April 26 at 12:50 PM
finance.yahoo.com logoCopart, Inc. (Nasdaq: CPRT) to Ring The Nasdaq Stock Market Opening Bell
finance.yahoo.com - April 25 at 12:04 PM
americanbankingnews.com logoCopart, Inc. (CPRT) Earns Hold Rating from Jefferies Group LLC
www.americanbankingnews.com - April 24 at 10:14 AM
americanbankingnews.com logoCopart (CPRT) Given News Sentiment Score of 0.51
www.americanbankingnews.com - April 23 at 12:17 PM
finance.yahoo.com logoCopart, Inc. breached its 50 day moving average in a Bullish Manner : CPRT-US : April 21, 2017
finance.yahoo.com - April 21 at 10:32 AM
americanbankingnews.com logo Analysts Expect Copart, Inc. (CPRT) Will Post Earnings of $0.36 Per Share
www.americanbankingnews.com - April 20 at 8:27 PM
americanbankingnews.com logoCopart (CPRT) Earning Somewhat Positive News Coverage, Analysis Finds
www.americanbankingnews.com - April 20 at 6:37 PM
americanbankingnews.com logoCopart's (CPRT) Hold Rating Reaffirmed at Jefferies Group LLC
www.americanbankingnews.com - April 18 at 10:38 AM
americanbankingnews.com logoCopart (CPRT) Getting Somewhat Favorable Press Coverage, Study Shows
www.americanbankingnews.com - April 16 at 1:49 PM
americanbankingnews.com logoNorthcoast Research Weighs in on Copart, Inc.'s Q3 2017 Earnings (CPRT)
www.americanbankingnews.com - April 14 at 11:15 AM
americanbankingnews.com logoCopart (CPRT) Receiving Somewhat Positive Media Coverage, Analysis Finds
www.americanbankingnews.com - April 13 at 12:22 PM
finance.yahoo.com logoCopart, Inc. – Value Analysis (NASDAQ:CPRT) : April 12, 2017
finance.yahoo.com - April 12 at 4:29 PM
finance.yahoo.com logoCopart Announces the Opening of Its Sixth Brazil Location
finance.yahoo.com - April 11 at 1:02 PM
finance.yahoo.com logoCopart, Inc. breached its 50 day moving average in a Bullish Manner : CPRT-US : April 11, 2017
finance.yahoo.com - April 11 at 1:02 PM
finance.yahoo.com logoCopart Updates Mobile App for Enhanced Online Bidding Experience
finance.yahoo.com - April 7 at 9:08 AM
americanbankingnews.com logoA Jayson Adair Sells 200,000 Shares of Copart, Inc. (CPRT) Stock
www.americanbankingnews.com - April 3 at 5:01 PM
finance.yahoo.com logoCopart and Al Ahlia Insurance Sign Strategic Agreement
finance.yahoo.com - April 2 at 8:55 AM
nasdaq.com logoCopart (CPRT) Declares Common Stock Split in 2-for-1 Ratio - Nasdaq
www.nasdaq.com - March 29 at 4:56 PM
biz.yahoo.com logoCOPART INC Files SEC form 8-K, Other Events
biz.yahoo.com - March 28 at 12:29 PM
zacks.com logoCopart (CPRT) Declares Common Stock Split in 2-for-1 Ratio
www.zacks.com - March 27 at 4:21 PM
finance.yahoo.com logoCopart Celebrates Its 35th Anniversary as a Leader in Auto Remarketing and Online Vehicle Auctions
finance.yahoo.com - March 27 at 4:21 PM
finance.yahoo.com logo3:02 am Copart Board approves two-for-one stock split
finance.yahoo.com - March 27 at 12:28 PM
nasdaq.com logoWhy Is Copart (CPRT) Up 4.7% Since the Last Earnings Report ... - Nasdaq
www.nasdaq.com - March 26 at 10:30 AM
seekingalpha.com logoCopart sets two-for-one stock split
seekingalpha.com - March 25 at 12:54 PM
finance.yahoo.com logoCopart, Inc. Announces a Two-for-One Stock Split
finance.yahoo.com - March 24 at 9:47 PM
finance.yahoo.com logoWhy Is Copart (CPRT) Up 4.7% Since the Last Earnings Report?
finance.yahoo.com - March 24 at 4:45 PM
finance.yahoo.com logoCopart Announces the Opening of Its Second Location in Utah
finance.yahoo.com - March 20 at 4:37 PM
americanbankingnews.com logoCopart, Inc. (CPRT) Director Sells $3,220,909.62 in Stock
www.americanbankingnews.com - March 10 at 6:18 PM
nasdaq.com logoCopart (CPRT) Touches 52-Week High Post Solid Q2 Earnings - Nasdaq
www.nasdaq.com - March 7 at 11:22 PM
finance.yahoo.com logoCopart Announces Purchase of Its 14th Location in Florida
finance.yahoo.com - March 7 at 12:13 PM
finance.yahoo.com logoCopart (CPRT) Touches 52-Week High Post Solid Q2 Earnings
finance.yahoo.com - March 6 at 10:26 AM
finance.yahoo.com logoCOPART INC Financials
finance.yahoo.com - March 4 at 4:54 PM
biz.yahoo.com logoCOPART INC Files SEC form 10-Q, Quarterly Report
biz.yahoo.com - March 1 at 12:58 PM
finance.yahoo.com logoCopart Announces the Opening of Its Fifth Illinois Location
finance.yahoo.com - February 28 at 12:13 PM
finance.yahoo.com logoCopart Announces 15th Location in the United Kingdom
finance.yahoo.com - February 24 at 12:15 PM
us.rd.yahoo.com logoEdited Transcript of CPRT earnings conference call or presentation 22-Feb-17 8:00pm GMT
us.rd.yahoo.com - February 23 at 9:26 PM
fool.com logoCopart Posts Another Solid Quarter With Strong U.S. and U.K. Revenue
www.fool.com - February 23 at 10:53 AM

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Chart

Copart (CPRT) Chart for Wednesday, May, 24, 2017

This page was last updated on 5/24/2017 by MarketBeat.com Staff