NASDAQ:CPRTCopart Stock Price, Forecast & News

$86.25

-0.15 (-0.17 %)

(As of 05/25/2020 04:00 PM ET)

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Today's Range

$85.43

Now: $86.25▼

$87.74

50-Day Range

$61.80

MA: $76.55▼

$86.69

52-Week Range

$55.69

Now: $86.25▼

$104.88

Volume2.06 million shs

Average Volume2.24 million shs

Market Capitalization$20.16 billion

P/E Ratio29.95

Dividend YieldN/A

Beta1.11

Copart, Inc. provides online auctions and vehicle remarketing services. It offers a range of services for processing and selling vehicles over the Internet through its Virtual Bidding Third Generation Internet auction-style sales technology on behalf of vehicle sellers, insurance companies, banks and finance companies, charities, and fleet operators and dealers, as well as individual owners. The company's services include online seller access, salvage estimation, estimating, end-of-life vehicle processing, virtual insured exchange, transportation, vehicle inspection stations, on-demand reporting, motor vehicle regulatory agency processing, flexible vehicle processing programs, buy it now, member network, sales process, and dealer services. Its services also include buying vehicles through CashForCars.com and Copart Direct. The company sells its products principally to licensed vehicle dismantlers, rebuilders, repair licensees, used vehicle dealers, and exporters, as well as to the general public. It operates in the United States, Canada, the United Kingdom, Brazil, the Republic of Ireland, Germany, Finland, the United Arab Emirates, Oman, Bahrain, and Spain. Copart, Inc. was founded in 1982 and is headquartered in Dallas, Texas.

Beat the Market (BTM) Rank^™

2.3 Analyst's Opinion

Consensus Rating
Copart has received a consensus rating of Buy. The company's average rating score is 2.56, and is based on 5 buy ratings, 4 hold ratings, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $85.00, Copart has a potential downside of 1.4% from its current price of $86.25.
Amount of Analyst Coverage
Copart has been the subject of 8 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

2.4 Community Rank

Outperform Votes
Copart has received 344 “outperform” votes. (Add your “outperform” vote.)
Underperform Votes
Copart has received 370 “underperform” votes. (Add your “underperform” vote.)
Community Sentiment
Copart has received 51.82% “underperform” votes from our community.

MarketBeat's community ratings are surveys of what our community members think about Copart and other stocks. Vote “Outperform” if you believe CPRT will outperform the S&P 500 over the long term. Vote “Underperform” if you believe CPRT will underperform the S&P 500 over the long term. You may vote once every thirty days.

0.0 Dividend Strength

Dividend Yield
Copart does not currently pay a dividend.
Dividend Growth
Copart does not have a long track record of dividend growth.

1.0 Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Copart insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $37,286,061.00 in company stock.
Percentage Held by Insiders
Only 14.34% of the stock of Copart is held by insiders.
Percentage Held by Institutions
79.66% of the stock of Copart is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

0.6 Earnings and Valuation

Earnings Growth
Earnings for Copart are expected to grow by 10.64% in the coming year, from $2.35 to $2.60 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Copart is 29.95, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 13.79.
Price to Earnings Ratio vs. Sector
The P/E ratio of Copart is 29.95, which means that it is trading at a more expensive P/E ratio than the Business Services sector average P/E ratio of about 20.04.
Price to Book Value per Share Ratio
Copart has a P/B Ratio of 11.11. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

Overall Beat the Market Rank^™

1.26 out of 5 stars

Industry, Sector and Symbol

Stock Exchange NASDAQ

Industry Automotive dealers & gasoline service stations

Sub-IndustryDiversified Support Services

SectorBusiness Services

Current SymbolNASDAQ:CPRT

Previous Symbol

CUSIP21720410

CIK900075

Webwww.copart.com

Phone972-391-5000

Debt

Debt-to-Equity Ratio0.23

Current Ratio2.13

Quick Ratio2.08

Price-To-Earnings

Trailing P/E Ratio29.95

Forward P/E Ratio36.70

P/E GrowthN/A

Sales & Book Value

Annual Sales$2.04 billion

Price / Sales9.87

Cash Flow$2.71 per share

Price / Cash Flow31.81

Book Value$7.76 per share

Price / Book11.11

Profitability

EPS (Most Recent Fiscal Year)$2.25

Net Income$591.69 million

Net Margins30.95%

Return on Equity30.34%

Return on Assets20.93%

Miscellaneous

Employees7,327

Outstanding Shares233,705,000

Market Cap$20.16 billion

Next Earnings Date9/2/2020 (Estimated)

OptionableOptionable

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Copart (NASDAQ:CPRT) Frequently Asked Questions

How has Copart's stock been impacted by COVID-19 (Coronavirus)?

Copart's stock was trading at $75.73 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization (WHO). Since then, CPRT stock has increased by 13.9% and is now trading at $86.25. View which stocks have been most impacted by Coronavirus.

Do Wall Street analysts recommend investors buy shares of Copart?

9 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Copart in the last year. There are currently 4 hold ratings and 5 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View analyst ratings for Copart.

When is Copart's next earnings date?

Copart is scheduled to release its next quarterly earnings announcement on Wednesday, September 2nd 2020. View our earnings forecast for Copart.

How were Copart's earnings last quarter?

Copart, Inc. (NASDAQ:CPRT) issued its quarterly earnings data on Wednesday, May, 20th. The business services provider reported $0.58 earnings per share for the quarter, missing the Zacks' consensus estimate of $0.64 by $0.06. The business services provider earned $550.36 million during the quarter, compared to analyst estimates of $547.05 million. Copart had a return on equity of 30.34% and a net margin of 30.95%. The firm's revenue for the quarter was down .5% compared to the same quarter last year. During the same quarter in the prior year, the company earned $0.66 EPS. View Copart's earnings history.

What price target have analysts set for CPRT?

9 brokers have issued 1 year price targets for Copart's shares. Their forecasts range from $65.00 to $100.00. On average, they anticipate Copart's share price to reach $85.00 in the next year. This suggests that the stock has a possible downside of 1.4%. View analysts' price targets for Copart.

Has Copart been receiving favorable news coverage?

Media coverage about CPRT stock has trended somewhat positive on Monday, InfoTrie Sentiment Analysis reports. The research firm rates the sentiment of media coverage by monitoring more than six thousand blog and news sources in real time. The firm ranks coverage of public companies on a scale of negative five to five, with scores closest to five being the most favorable. Copart earned a news impact score of 1.4 on InfoTrie's scale. They also assigned news stories about the business services provider a news buzz of 3.0 out of 10, indicating that recent media coverage is unlikely to have an impact on the stock's share price in the next several days. View the latest news aboutCopart.

Are investors shorting Copart?

Copart saw a decline in short interest in the month of May. As of May 15th, there was short interest totaling 4,370,000 shares, a decline of 18.0% from the April 30th total of 5,330,000 shares. Based on an average daily trading volume, of 2,610,000 shares, the days-to-cover ratio is presently 1.7 days. Approximately 2.1% of the shares of the company are sold short. View Copart's Current Options Chain.

Who are some of Copart's key competitors?

Some companies that are related to Copart include Cintas (CTAS), Iron Mountain (IRM), UniFirst (UNF), KAR Auction Services (KAR), Healthcare Services Group (HCSG), Mobile Mini (MINI), McGrath RentCorp (MGRC), Viad (VVI) and Performant Financial (PFMT). View all competitors.

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), Mastercard (MA), Fortinet (FTNT), Home Depot (HD), Verizon Communications (VZ), Lululemon Athletica (LULU), Advanced Micro Devices (AMD) and Paypal (PYPL).

Who are Copart's key executives?

Copart's management team includes the following people:

Mr. Willis J. Johnson, Founder & Exec. Chairman (Age 71)
Mr. A. Jayson Adair, CEO & Director (Age 49)
Mr. Jeffrey Liaw, CFO & Sr. VP of Fin. (Age 41)
Mr. William E. Franklin CPA, Exec. VP for U.S. Operations & Shared Services (Age 62)
Mr. Vincent W. Mitz, Pres & Director (Age 55)

What is Copart's stock symbol?

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

Who are Copart's major shareholders?

Copart's stock is owned by many different retail and institutional investors. Top institutional shareholders include BlackRock Inc. (7.95%), State Street Corp (3.71%), Principal Financial Group Inc. (3.09%), Wellington Management Group LLP (3.03%), Melvin Capital Management LP (2.02%) and US Bancorp DE (1.79%). Company insiders that own Copart stock include A Jayson Adair, Daniel J Englander, Jeffrey Liaw, Matt Blunt, Steven D Cohan, Thomas N Tryforos, William E Franklin and Willis J Johnson. View institutional ownership trends for Copart.

Which institutional investors are selling Copart stock?

CPRT stock was sold by a variety of institutional investors in the last quarter, including Alliancebernstein L.P., JPMorgan Chase & Co., Clearbridge Investments LLC, Janus Henderson Group PLC, US Bancorp DE, Nuveen Asset Management LLC, Nicholas Company Inc., and AXA. Company insiders that have sold Copart company stock in the last year include A Jayson Adair, Daniel J Englander, Steven D Cohan, Thomas N Tryforos, William E Franklin, and Willis J Johnson. View insider buying and selling activity for Copart.

Which institutional investors are buying Copart stock?

CPRT stock was purchased by a variety of institutional investors in the last quarter, including Wellington Management Group LLP, William Blair Investment Management LLC, Melvin Capital Management LP, Korea Investment CORP, Manning & Napier Group LLC, Principal Financial Group Inc., Baird Financial Group Inc., and Loomis Sayles & Co. L P. View insider buying and selling activity for Copart.

How do I buy shares of Copart?

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

What is Copart's stock price today?

One share of CPRT stock can currently be purchased for approximately $86.25.

How big of a company is Copart?

Copart has a market capitalization of $20.16 billion and generates $2.04 billion in revenue each year. The business services provider earns $591.69 million in net income (profit) each year or $2.25 on an earnings per share basis. Copart employs 7,327 workers across the globe.

What is Copart's official website?

The official website for Copart is www.copart.com.

How can I contact Copart?

Copart's mailing address is 14185 DALLAS PARKWAY SUITE 300, DALLAS TX, 75254. The business services provider can be reached via phone at 972-391-5000 or via email at [email protected]

This page was last updated on 5/25/2020 by MarketBeat.com Staff