Copart, 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: $7.13 billion
- Outstanding Shares: 229,695,000
Average Prices:- 50 Day Moving Avg: $32.72
- 200 Day Moving Avg: $51.08
- 52 Week Range: $21.31 - $31.60
P/E:- Trailing P/E Ratio: 18.80
- Foreward P/E Ratio: 22.18
- P/E Growth: 1.13
Sales & Book Value:- Annual Revenue: $1.38 billion
- Price / Sales: 5.17
- Book Value: $3.90 per share
- Price / Book: 7.96
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: 722,329 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) posted its quarterly earnings data on Wednesday, May, 24th. The company reported $0.37 earnings per share (EPS) for the quarter, topping the Zacks' consensus estimate of $0.36 by $0.01. The firm had revenue of $373.90 million for the quarter, compared to the consensus estimate of $386.61 million. Copart had a net margin of 29.00% and a return on equity of 35.43%. The business's revenue for the quarter was up 7.7% compared to the same quarter last year. During the same period in the previous year, the firm earned $0.64 EPS. View Copart's Earnings History.
Where is Copart's stock going? Where will Copart's stock price be in 2017?
7 brokers have issued 12 month price objectives for Copart's shares. Their predictions range from $30.00 to $63.00. On average, they expect Copart's share price to reach $51.40 in the next twelve months. 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 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 company are short sold.
Who are some of Copart's key competitors?
Some companies that are related to Copart include Global Payments (GPN), Nielsen N.V. (NLSN), Alliance Data Systems (ADS), FleetCor Technologies (FLT), Verisk Analytics (VRSK), Adecco Group Ag (AHEXY), Total System Services (TSS), Gartner (IT), Randstad Hldgs Nv (RANJY), Vantiv (VNTV), Interpublic Group of Companies (IPG), Intertek Group (IKTSY), The Western Union Company (WU), Broadridge Financial Solutions (BR), Smiths Group PLC (SMGZY), TransUnion (TRU), Xerox Corp (XRX) and Stericycle (SRCL).
Who owns Copart stock?
Copart's stock is owned by a variety of of retail and institutional investors. Top institutional investors 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 acquired 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 $31.05.
Earnings History for Copart (NASDAQ:CPRT)Earnings History by Quarter for Copart (NASDAQ:CPRT)| Date | Quarter | Consensus Estimate | Actual EPS | Revenue Estimate | Actual Revenue | Release Link | Conference Call | Details |
|---|
| 5/24/2017 | Q3 2017 | $0.36 | $0.37 | $386.61 million | $373.90 million | View | N/A |  |
| 2/21/2017 | Q2 2017 | $0.57 | $0.58 | $339.23 million | $349.50 million | View | N/A | |
| 11/21/2016 | Q117 | $0.55 | $0.57 | $326.11 million | $345.99 million | View | N/A | |
| 9/20/2016 | Q416 | $0.55 | $0.59 | $317.55 million | $332.66 million | View | N/A | |
| 5/25/2016 | Q316 | $0.54 | $0.64 | $321.16 million | $247.20 million | View | N/A | |
| 2/23/2016 | Q216 | $0.43 | $0.48 | $281.85 million | $299.70 million | View | Listen | |
| 11/23/2015 | Q116 | $0.43 | $0.42 | $290.22 million | $288.80 million | View | N/A | |
| 9/22/2015 | Q415 | $0.39 | $0.44 | $280.40 million | $282.29 million | View | Listen | |
| 5/27/2015 | Q315 | $0.49 | $0.44 | $311.61 million | $297.14 million | View | N/A | |
| 2/24/2015 | Q215 | $0.41 | $0.40 | $301.16 million | $276.30 million | View | N/A | |
| 11/24/2014 | Q1 15 | $0.37 | $0.40 | $303.50 million | $290.40 million | View | N/A | |
| 5/28/2014 | Q3 2014 | $0.47 | $0.46 | $309.72 million | $309.70 million | View | N/A | |
| 2/25/2014 | | $0.37 | $0.35 | | | View | N/A | |
| 11/26/2013 | Q1 | $0.34 | $0.32 | | | View | N/A | |
| 5/30/2013 | Q3 2013 | $0.49 | $0.41 | $282.05 million | $277.60 million | View | N/A | |
| 11/27/2012 | 0.36 | | $0.36 | | $238.87 million | View | N/A | |
| 5/29/2012 | | $0.43 | $0.44 | | | View | N/A | |
| 2/28/2012 | | $0.59 | $0.71 | | | View | N/A | |
| 3/2/2011 | | $0.45 | $0.45 | | | View | N/A | |
(Data available from 1/1/2011 forward)
Earnings Estimates for Copart (NASDAQ:CPRT)2017 EPS Consensus Estimate: $2.32
2018 EPS Consensus Estimate: $2.74
| Quarter | Number of Estimates | Low Estimate | High Estimate | Average Estimate |
|---|
| Q1 2017 | 3 | $0.42 | $0.57 | $0.50 |
| Q2 2017 | 3 | $0.55 | $0.58 | $0.57 |
| Q3 2017 | 3 | $0.38 | $0.75 | $0.61 |
| Q4 2017 | 3 | $0.62 | $0.64 | $0.63 |
| Q1 2018 | 2 | $0.63 | $0.63 | $0.63 |
| Q2 2018 | 2 | $0.63 | $0.66 | $0.65 |
| Q3 2018 | 2 | $0.72 | $0.85 | $0.79 |
| Q4 2018 | 2 | $0.66 | $0.69 | $0.68 |
(Data provided by Zacks Investment Research)
Dividend History for Copart (NASDAQ:CPRT)
No dividend announcements for this company have been tracked by MarketBeat.com
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)| Transaction Date | Insider Name | Title | Buy/Sell | Number of Shares | Average Share Price | Total Transaction | Details |
|---|
| 3/30/2017 | A Jayson Adair | CEO | Sell | 200,000 | $62.06 | $12,412,000.00 | |
| 3/10/2017 | James E Meeks | Director | Sell | 16,500 | $60.52 | $998,580.00 | |
| 3/9/2017 | James E Meeks | Director | Sell | 53,203 | $60.54 | $3,220,909.62 | |
| 12/20/2016 | Vikrant Bhatia | EVP | Sell | 3,000 | $56.46 | $169,380.00 | |
| 10/14/2016 | James E Meeks | Director | Sell | 64,222 | $54.09 | $3,473,767.98 | |
| 10/12/2016 | James E Meeks | Director | Sell | 26,075 | $54.14 | $1,411,700.50 | |
| 9/23/2016 | A Jayson Adair | CEO | Sell | 200,000 | $53.61 | $10,722,000.00 | |
| 9/23/2016 | Matt Blunt | Director | Sell | 65,000 | $53.53 | $3,479,450.00 | |
| 9/23/2016 | Sean Eldridge | COO | Sell | 22,485 | $53.61 | $1,205,420.85 | |
| 9/22/2016 | Vincent W Mitz | President | Sell | 200,000 | $53.27 | $10,654,000.00 | |
| 9/22/2016 | William E. Franklin | Insider | Sell | 100,000 | $52.95 | $5,295,000.00 | |
| 7/14/2016 | Robert H Vannuccini | SVP | Sell | 12,577 | $49.96 | $628,346.92 | |
| 7/5/2016 | Paul A Styer | SVP | Sell | 7,640 | $49.26 | $376,346.40 | |
| 6/23/2016 | Paul A Styer | SVP | Sell | 8,101 | $49.27 | $399,136.27 | |
| 6/20/2016 | Paul A Styer | SVP | Sell | 13,590 | $49.39 | $671,210.10 | |
| 5/27/2016 | Steven D Cohan | Director | Sell | 160,000 | $48.85 | $7,816,000.00 | |
| 4/13/2016 | Paul A Styer | SVP | Sell | 2,000 | $41.95 | $83,900.00 | |
| 4/11/2016 | James E Meeks | Director | Sell | 40,000 | $41.12 | $1,644,800.00 | |
| 3/31/2016 | Sean Eldridge | COO | Sell | 10,436 | $41.02 | $428,084.72 | |
| 3/28/2016 | Paul A Styer | SVP | Sell | 5,000 | $40.48 | $202,400.00 | |
| 7/10/2015 | Vikrant Bhatia | SVP | Buy | 5,500 | $35.43 | $194,865.00 | |
| 10/9/2014 | Rama Prasad | SVP | Buy | 5,675 | $30.95 | $175,641.25 | |
| 9/25/2014 | Bruce William Bishop | SVP | Buy | 1,000 | $31.26 | $31,260.00 | |
| 6/30/2014 | Paul A Styer | SVP | Sell | 5,000 | $35.71 | $178,550.00 | |
| 6/9/2014 | Robert H Vannuccini | SVP | Sell | 33,509 | $36.71 | $1,230,115.39 | |
| 6/6/2014 | James E Meeks | Director | Sell | 9,277 | $36.33 | $337,033.41 | |
| 6/5/2014 | James E Meeks | Director | Sell | 85,723 | $36.11 | $3,095,457.53 | |
| 6/5/2014 | Matthew M Burgener | SVP | Sell | 46,667 | $36.00 | $1,680,012.00 | |
| 4/9/2014 | Paul Styer | SVP | Sell | 25,000 | $36.80 | $920,000.00 | |
| 4/1/2014 | Matt Blunt | Director | Sell | 35,000 | $36.57 | $1,279,950.00 | |
| 1/3/2014 | Vincent Mitz | President | Sell | 188,372 | $36.42 | $6,860,508.24 | |
| 10/1/2013 | Willis Johnson | major shareholder | Buy | 405,400 | $31.63 | $12,822,802.00 | |
| 9/27/2013 | Willis Johnson | major shareholder | Buy | 227,900 | $30.96 | $7,055,784.00 | |
| 7/8/2013 | Matt Blunt | Director | Sell | 10,000 | $32.00 | $320,000.00 | |
| 6/13/2013 | John Lindle | SVP | Buy | 4,750 | $31.23 | $148,342.50 | |
| 6/11/2013 | John Lindle | SVP | Buy | 5,100 | $31.75 | $161,925.00 | |
| 6/7/2013 | John Lindle | SVP | Buy | 4,500 | $32.22 | $144,990.00 | |
| 6/3/2013 | Daniel J Englander | Director | Sell | 40,000 | $34.98 | $1,399,200.00 | |
| 4/15/2013 | Daniel J Englander | Director | Sell | 40,000 | $33.14 | $1,325,600.00 | |
| 4/10/2013 | Simon Rote | VP | Sell | 5,000 | $33.97 | $169,850.00 | |
| 3/6/2013 | Steven D Cohan | Director | Sell | 100,000 | $33.47 | $3,347,000.00 | |
| 10/4/2012 | Russell Lowy | COO | Sell | 39,219 | $27.50 | $1,078,522.50 | |
(Data available from 1/1/2013 forward)
Headline Trends for Copart (NASDAQ:CPRT)
Latest Headlines for Copart (NASDAQ:CPRT)
| Source: |
|
| Date | Headline |
|---|
 | Copart, Inc. breached its 50 day moving average in a Bullish Manner : CPRT-US : May 26, 2017
finance.yahoo.com - May 26 at 10:08 PM |
 | Copart Reports Record Performance in Third Quarter 2017
www.fool.com - May 26 at 2:25 PM |
| Edited Transcript of CPRT earnings conference call or presentation 25-May-17 3:00pm GMT
finance.yahoo.com - May 25 at 11:15 PM |
 | Copart, Inc. (CPRT) Issues Earnings Results, Beats Estimates By $0.01 EPS
www.americanbankingnews.com - May 25 at 8:01 AM |
 | Copart Inc. Profit Advances 16% In Q3
www.rttnews.com - May 25 at 5:08 AM |
| Copart Reports Third Quarter Fiscal 2017 Financial Results
finance.yahoo.com - May 25 at 12:06 AM |
| Copart beats 3Q profit forecasts
finance.yahoo.com - May 25 at 12:06 AM |
| Q3 2017 Earnings Forecast for Copart, Inc. Issued By Northcoast Research (CPRT)
www.americanbankingnews.com - May 24 at 8:32 AM |
| Copart, Inc. (CPRT) Lowered to "Hold" at Zacks Investment Research
www.americanbankingnews.com - May 23 at 1:16 PM |
| Copart, Inc. to Webcast Third Quarter Fiscal 2017 Results
finance.yahoo.com - May 19 at 8:35 AM |
| Copart Announces the Launch of Its Fourth Annual Rebuild Challenge Contest
finance.yahoo.com - May 18 at 11:01 AM |
 | Copart: Undervalued Gem In A Niche Industry
seekingalpha.com - May 15 at 4:22 PM |
| Copart Announces Expansion of Its Location near Altoona, Pennsylvania
finance.yahoo.com - May 10 at 8:11 AM |
| Copart, Inc. (CPRT) Receives Average Recommendation of "Hold" from Brokerages
www.americanbankingnews.com - May 5 at 10:52 AM |
| Copart, 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 |
| Favorable News Coverage Extremely Likely to Impact Copart (CPRT) Share Price
www.americanbankingnews.com - May 2 at 8:20 AM |
| Which Is A Better Investment: Automakers, Auto Suppliers Or Car Parts/Service Providers?
finance.yahoo.com - April 29 at 5:07 PM |
| Copart (CPRT) Earning Somewhat Positive Media Coverage, AlphaOne Reports
www.americanbankingnews.com - April 29 at 12:53 PM |
| Short Interest in Copart, Inc. (CPRT) Decreases By 10.5%
www.americanbankingnews.com - April 28 at 7:14 AM |
| Today's Bell Ringer, April 26, 2016
finance.yahoo.com - April 27 at 2:12 AM |
| Opening Bell, April 26, 2017
finance.yahoo.com - April 27 at 2:12 AM |
| Somewhat Favorable News Coverage Extremely Likely to Affect Copart (CPRT) Share Price
www.americanbankingnews.com - April 26 at 12:50 PM |
| Copart, Inc. (Nasdaq: CPRT) to Ring The Nasdaq Stock Market Opening Bell
finance.yahoo.com - April 25 at 12:04 PM |
| Copart, Inc. (CPRT) Earns Hold Rating from Jefferies Group LLC
www.americanbankingnews.com - April 24 at 10:14 AM |
| Copart (CPRT) Given News Sentiment Score of 0.51
www.americanbankingnews.com - April 23 at 12:17 PM |
| Copart, 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 |
| Analysts Expect Copart, Inc. (CPRT) Will Post Earnings of $0.36 Per Share
www.americanbankingnews.com - April 20 at 8:27 PM |
| Copart (CPRT) Earning Somewhat Positive News Coverage, Analysis Finds
www.americanbankingnews.com - April 20 at 6:37 PM |
| Copart's (CPRT) Hold Rating Reaffirmed at Jefferies Group LLC
www.americanbankingnews.com - April 18 at 10:38 AM |
| Copart (CPRT) Getting Somewhat Favorable Press Coverage, Study Shows
www.americanbankingnews.com - April 16 at 1:49 PM |
| Northcoast Research Weighs in on Copart, Inc.'s Q3 2017 Earnings (CPRT)
www.americanbankingnews.com - April 14 at 11:15 AM |
| Copart (CPRT) Receiving Somewhat Positive Media Coverage, Analysis Finds
www.americanbankingnews.com - April 13 at 12:22 PM |
| Copart, Inc. – Value Analysis (NASDAQ:CPRT) : April 12, 2017
finance.yahoo.com - April 12 at 4:29 PM |
| Copart Announces the Opening of Its Sixth Brazil Location
finance.yahoo.com - April 11 at 1:02 PM |
| Copart, 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 |
| Copart Updates Mobile App for Enhanced Online Bidding Experience
finance.yahoo.com - April 7 at 9:08 AM |
| A Jayson Adair Sells 200,000 Shares of Copart, Inc. (CPRT) Stock
www.americanbankingnews.com - April 3 at 5:01 PM |
| Copart and Al Ahlia Insurance Sign Strategic Agreement
finance.yahoo.com - April 2 at 8:55 AM |
 | Copart (CPRT) Declares Common Stock Split in 2-for-1 Ratio - Nasdaq
www.nasdaq.com - March 29 at 4:56 PM |
| COPART INC Files SEC form 8-K, Other Events
biz.yahoo.com - March 28 at 12:29 PM |
 | Copart (CPRT) Declares Common Stock Split in 2-for-1 Ratio
www.zacks.com - March 27 at 4:21 PM |
| Copart Celebrates Its 35th Anniversary as a Leader in Auto Remarketing and Online Vehicle Auctions
finance.yahoo.com - March 27 at 4:21 PM |
| 3:02 am Copart Board approves two-for-one stock split
finance.yahoo.com - March 27 at 12:28 PM |
| Why Is Copart (CPRT) Up 4.7% Since the Last Earnings Report ... - Nasdaq
www.nasdaq.com - March 26 at 10:30 AM |
| Copart sets two-for-one stock split
seekingalpha.com - March 25 at 12:54 PM |
| Copart, Inc. Announces a Two-for-One Stock Split
finance.yahoo.com - March 24 at 9:47 PM |
| Why Is Copart (CPRT) Up 4.7% Since the Last Earnings Report?
finance.yahoo.com - March 24 at 4:45 PM |
| Copart Announces the Opening of Its Second Location in Utah
finance.yahoo.com - March 20 at 4:37 PM |
| Copart, Inc. (CPRT) Director Sells $3,220,909.62 in Stock
www.americanbankingnews.com - March 10 at 6:18 PM |
| Copart (CPRT) Touches 52-Week High Post Solid Q2 Earnings - Nasdaq
www.nasdaq.com - March 7 at 11:22 PM |
Copart (CPRT) Chart for Saturday, May, 27, 2017
