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 to vehicle sellers, insurance companies, banks and finance companies, charities, and fleet operators and dealers, as well as for 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 comprise services to sell vehicles through CashForCars.com; and U-Pull-It service that allows buyer to remove valuable parts, and sell the remaining parts and car body. 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.
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
Phone972-391-5000
Debt
Debt-to-Equity Ratio0.24
Current Ratio3.00
Quick Ratio2.92
Price-To-Earnings
Trailing P/E Ratio27.94
Forward P/E Ratio22.91
P/E Growth0.97
Sales & Book Value
Annual Sales$1.81 billion
Price / Sales6.26
Cash Flow$2.1648 per share
Price / Cash Flow22.33
Book Value$6.76 per share
Price / Book7.15
Profitability
EPS (Most Recent Fiscal Year)$1.73
Net Income$417.86 million
Net Margins24.59%
Return on Equity29.95%
Return on Assets20.12%
Miscellaneous
Employees6,026
Outstanding Shares234,010,000
Market Cap$11.06 billion
OptionableOptionable
Copart (NASDAQ:CPRT) Frequently Asked Questions
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) issued its quarterly earnings data on Tuesday, November, 20th. The business services provider reported $0.47 EPS for the quarter, meeting the Thomson Reuters' consensus estimate of $0.47. The business services provider earned $461.40 million during the quarter, compared to the consensus estimate of $460.09 million. Copart had a net margin of 24.59% and a return on equity of 29.95%. The firm's revenue was up 10.1% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $0.32 EPS. View Copart's Earnings History.
When is Copart's next earnings date?
What price target have analysts set for CPRT?
10 Wall Street analysts have issued 12-month price targets for Copart's shares. Their forecasts range from $46.00 to $63.00. On average, they expect Copart's share price to reach $52.50 in the next year. This suggests a possible upside of 8.6% from the stock's current price. View Analyst Price Targets for Copart.
What is the consensus analysts' recommendation for Copart?
10 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Copart in the last year. There are currently 1 sell rating, 4 hold ratings and 5 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Copart.
What are Wall Street analysts saying about Copart stock?
Here are some recent quotes from research analysts about Copart stock:
- 1. According to Zacks Investment Research, "In fourth-quarter fiscal 2018, though Copart reported an earnings miss, it improved year over. During the quarter, revenues came in higher than both the Zacks Consensus Estimate and the prior year quarter figure, aided by favorable currency effects. However, rising general and administrative expenses, mainly accruing on account of acquisitions, is a concern before the company. Also, improving safety features in vehicles will likely have a negative impact on Copart’s future earnings. However, Copart is expanding its network of facilities to manage inflating volumes. In September, the company added its second location in Germany and seventh hub in Brazil. These new locations will help the company to cater to important buyer base." (9/21/2018)
- 2. Barrington Research analysts commented, "We have a MARKET PERFORM rating on the shares based on valuation." (9/18/2018)
Has Copart been receiving favorable news coverage?
Media headlines about CPRT stock have trended somewhat positive on Monday, InfoTrie reports. The research group scores the sentiment of media coverage by reviewing more than six thousand news and blog sources in real time. The firm ranks coverage of publicly-traded companies on a scale of negative five to five, with scores nearest to five being the most favorable. Copart earned a news impact score of 1.9 on InfoTrie's scale. They also gave media headlines about the business services provider a news buzz of 7.0 out of 10, indicating that recent media coverage is likely to have an impact on the company's share price in the near future.
Are investors shorting Copart?
Copart saw a decline in short interest during the month of October. As of October 31st, there was short interest totalling 6,359,263 shares, a decline of 30.9% from the October 15th total of 9,203,166 shares. Based on an average daily trading volume, of 1,926,205 shares, the days-to-cover ratio is presently 3.3 days. Approximately 3.1% of the company's shares 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 CarMax (KMX), KAR Auction Services (KAR), Carvana (CVNA), Casey's General Stores (CASY), Penske Automotive Group (PAG), AutoNation (AN), Murphy USA (MUSA), Lithia Motors (LAD), Camping World (CWH), Rush Enterprises (RUSHB), Rush Enterprises (RUSHA), Asbury Automotive Group (ABG), Group 1 Automotive (GPI), Fincera (YUANF) and Sonic Automotive (SAH).
Who are Copart's key executives?
Copart's management team includes the folowing 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)
Who are Copart's major shareholders?
Copart's stock is owned by a variety of of retail and institutional investors. Top institutional investors include Vanguard Group Inc. (9.33%), BlackRock Inc. (6.14%), FMR LLC (3.33%), William Blair Investment Management LLC (3.04%), Alliancebernstein L.P. (2.36%) and JPMorgan Chase & Co. (2.19%). Company insiders that own Copart stock include A Jayson Adair, Daniel J Englander, James E Meeks, Jeffrey Liaw, Matt Blunt, Steven D Cohan, Thomas N Tryforos, Vikrant Bhatia, Vincent W Mitz and William E Franklin. View Institutional Ownership Trends for Copart.
Which major investors are selling Copart stock?
CPRT stock was sold by a variety of institutional investors in the last quarter, including William Blair Investment Management LLC, Royce & Associates LP, Los Angeles Capital Management & Equity Research Inc., Alliancebernstein L.P., Robeco Institutional Asset Management B.V., Robeco Institutional Asset Management B.V., Fuller & Thaler Asset Management Inc. and Bank of New York Mellon Corp. Company insiders that have sold Copart company stock in the last year include A Jayson Adair, Daniel J Englander, Jeffrey Liaw, Matt Blunt, Steven D Cohan, Thomas N Tryforos and William E Franklin. View Insider Buying and Selling for Copart.
Which major investors are buying Copart stock?
CPRT stock was purchased by a variety of institutional investors in the last quarter, including Janus Henderson Group PLC, FMR LLC, BlackRock Inc., Vanguard Group Inc., Morgan Stanley, State Treasurer State of Michigan, Legal & General Group Plc and AQR Capital Management LLC. View Insider Buying and Selling 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, Scottrade, Fidelity and Charles Schwab.
What is Copart's stock price today?
One share of CPRT stock can currently be purchased for approximately $48.34.
How big of a company is Copart?
Copart has a market capitalization of $11.06 billion and generates $1.81 billion in revenue each year. The business services provider earns $417.86 million in net income (profit) each year or $1.73 on an earnings per share basis. Copart employs 6,026 workers across the globe.
What is Copart's official website?
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]
MarketBeat Community Rating for Copart (NASDAQ CPRT)
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.
