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: Used Car Dealers
  • Sub-Industry: Diversified Support Services
  • Symbol: NASDAQ:CPRT
  • CUSIP: 21720410
  • Web: www.copart.com
Capitalization:
  • Market Cap: $8.42 billion
  • Outstanding Shares: 230,773,000
Average Prices:
  • 50 Day Moving Avg: $34.25
  • 200 Day Moving Avg: $31.82
  • 52 Week Range: $25.37 - $36.65
P/E:
  • Trailing P/E Ratio: 21.98
  • Foreward P/E Ratio: 22.38
  • P/E Growth: 1.14
Sales & Book Value:
  • Annual Revenue: $1.45 billion
  • Price / Sales: 5.81
  • Book Value: $4.76 per share
  • Price / Book: 7.66
Profitability:
  • EBITDA: $528.96 million
  • Net Margins: 27.23%
  • Return on Equity: 31.83%
  • Return on Assets: 16.37%
Debt:
  • Debt-to-Equity Ratio: 0.50%
  • Current Ratio: 1.94%
  • Quick Ratio: 1.91%
Misc:
  • Average Volume: 1.10 million shs.
  • Beta: 1.19
  • Short Ratio: 8.16
 

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) announced its quarterly earnings data on Tuesday, September, 19th. The company reported $0.35 earnings per share for the quarter, beating the Thomson Reuters' consensus estimate of $0.31 by $0.04. The firm earned $378.60 million during the quarter, compared to the consensus estimate of $355.42 million. Copart had a return on equity of 31.83% and a net margin of 27.23%. The business's revenue was up 13.8% on a year-over-year basis. During the same quarter in the previous year, the company posted $0.31 earnings per share. View Copart's Earnings History.

When will Copart make its next earnings announcement?

Copart is scheduled to release their next quarterly earnings announcement on Monday, November, 20th 2017. View Earnings Estimates for Copart.

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

4 brokerages have issued twelve-month price objectives for Copart's stock. Their forecasts range from $33.00 to $42.00. On average, they anticipate Copart's share price to reach $37.33 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, "Copart is exposed to foreign currency fluctuations as it has operations in various international markets. Also, the company is incurring higher selling, general and administrative (“SGA”) expenses. Improving safety features in vehicles will likely have a negative impact on Copart’s future earnings. As safety features improve, the accident rate and hence, supply of salvage vehicles is expected to reduce. Moreover, the rapid progress in the development of driverless cars is a looming threat in the long run." (8/2/2017)
  • 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)

Who are some of Copart's key competitors?

Who are Copart's key executives?

Copart's management team includes the folowing people:

  • Willis J. Johnson, Chairman of the Board
  • Vincent W. Mitz, President, Director
  • A. Jayson Adair, Chief Executive Officer, Director
  • Jeffrey Liaw, Chief Financial Officer, Senior Vice President
  • William E. Franklin, Executive Vice President - U.S. operations and Shared Services
  • Rama Prasad, Senior Vice President, Chief Technology Officer
  • Gregory R. DePasquale, Senior Vice President, General Counsel, Secretary
  • Matt Blunt, Independent Director
  • Steven D. Cohan, Independent Director
  • Daniel J. Englander, Independent Director

Who owns Copart stock?

Copart's stock is owned by many different of retail and institutional investors. Top institutional shareholders include LAZARD ASSET MANAGEMENT LLC (1.35%), Robeco Institutional Asset Management B.V. (0.94%), Mutual of America Capital Management LLC (0.08%), APG Asset Management N.V. (0.05%), State Treasurer State of Michigan (0.03%) and Crow Point Partners LLC (0.00%). 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 Robeco Institutional Asset Management B.V. and State Treasurer State of Michigan. Company insiders that have sold Copart stock in the last year include A Jayson Adair, James E Meeks, Vikrant Bhatia and Vincent W Mitz. View Insider Buying and Selling for Copart.

Who bought Copart stock? Who is buying Copart stock?

Copart's stock was acquired by a variety of institutional investors in the last quarter, including APG Asset Management N.V., Mutual of America Capital Management LLC and Crow Point Partners 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.

What is Copart's stock price today?

One share of Copart stock can currently be purchased for approximately $36.48.


MarketBeat Community Rating for Copart (NASDAQ CPRT)
Community Ranking:  2.0 out of 5 (star star)
Outperform Votes:  119 (Vote Outperform)
Underperform Votes:  180 (Vote Underperform)
Total Votes:  299
MarketBeat's community ratings are surveys of what our community members think about Copart and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.

Analyst Ratings

Consensus Ratings for Copart (NASDAQ:CPRT) (How are Consensus Ratings Calculated?)
Ratings Breakdown: 2 Hold Ratings, 2 Buy Ratings
Consensus Rating:Buy (Score: 2.50)
Consensus Price Target: $37.33 (2.34% upside)
Consensus Price Target History for Copart (NASDAQ:CPRT)
Price Target History for Copart (NASDAQ:CPRT)
Analysts' Ratings History for Copart (NASDAQ:CPRT)
Show:
DateFirmActionRatingPrice TargetImpact on Share PriceDetails
10/5/2017CJS SecuritiesReiterated RatingOutperform$42.00N/AView Rating Details
9/21/2017Robert W. BairdBoost Price TargetOutperform$33.00 -> $37.00LowView Rating Details
7/6/2017Jefferies Group LLCReiterated RatingHold$33.00MediumView Rating Details
11/23/2016StephensDowngradeOverweight -> Equal WeightN/AView Rating Details
9/23/2016Bank of America CorporationUpgradeNeutral -> 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
5/27/2016J P Morgan Chase & CoBoost 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
(Data available from 10/22/2015 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
11/20/2017$0.31N/AView Earnings Details
9/19/2017Q4 2017$0.31$0.35$355.42 million$378.60 millionViewN/AView Earnings Details
5/24/2017Q3 2017$0.36$0.37$386.61 million$373.90 millionViewN/AView Earnings Details
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: $2.10
2018 EPS Consensus Estimate: $1.43
2019 EPS Consensus Estimate: $1.62
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20173$0.42$0.57$0.50
Q2 20173$0.55$0.58$0.57
Q3 20173$0.38$0.75$0.61
Q4 20173$0.31$0.62$0.42
Q1 20183$0.24$0.28$0.26
Q2 20183$0.32$0.36$0.35
Q3 20183$0.42$0.44$0.43
Q4 20183$0.38$0.42$0.39
Q1 20192$0.34$0.35$0.35
Q2 20192$0.38$0.41$0.40
Q3 20192$0.45$0.48$0.47
Q4 20192$0.40$0.42$0.41
(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: 79.57%
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
9/29/2017James E MeeksDirectorSell160,000$34.33$5,492,800.00View SEC Filing  
9/28/2017Vincent W MitzPresidentSell200,000$34.32$6,864,000.00View SEC Filing  
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)

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Copart (CPRT) Chart for Sunday, October, 22, 2017

This page was last updated on 10/22/2017 by MarketBeat.com Staff

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