NASDAQ:CPRT - Copart Stock Price, News, & Analysis

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$51.01 +0.21 (+0.41 %)
(As of 11/19/2018 01:08 AM ET)
Previous Close$51.01
Today's Range$50.27 - $51.23
52-Week Range$35.44 - $67.08
Volume1.65 million shs
Average Volume1.84 million shs
Market Capitalization$11.93 billion
P/E Ratio29.49
Dividend YieldN/A
Beta1.01
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.

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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 Ratio0.25
Current Ratio2.56
Quick Ratio2.50

Price-To-Earnings

Trailing P/E Ratio29.49
Forward P/E Ratio23.95
P/E Growth1.04

Sales & Book Value

Annual Sales$1.81 billion
Price / Sales6.61
Cash Flow$2.1175 per share
Price / Cash24.09
Book Value$6.76 per share
Price / Book7.55

Profitability

EPS (Most Recent Fiscal Year)$1.73
Net Income$417.86 million
Net Margins23.14%
Return on Equity29.92%
Return on Assets19.18%

Miscellaneous

Employees6,026
Outstanding Shares233,900,000
Market Cap$11.93 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) posted its earnings results on Wednesday, September, 19th. The business services provider reported $0.42 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.48 by $0.06. The business services provider had revenue of $449.20 million for the quarter, compared to analyst estimates of $448.64 million. Copart had a net margin of 23.14% and a return on equity of 29.92%. The company's revenue for the quarter was up 18.6% on a year-over-year basis. During the same quarter in the prior year, the firm earned $0.35 earnings per share. View Copart's Earnings History.

When is Copart's next earnings date?

Copart is scheduled to release their next quarterly earnings announcement on Tuesday, November 20th 2018. View Earnings Estimates for Copart.

How can I listen to Copart's earnings call?

Copart will be holding an earnings conference call on Wednesday, November 21st at 11:00 AM Eastern. Interested parties can register for or listen to the call using this link.

What price target have analysts set for CPRT?

10 analysts have issued twelve-month target prices for Copart's shares. Their predictions range from $46.00 to $63.00. On average, they anticipate Copart's share price to reach $52.50 in the next year. This suggests a possible upside of 2.9% 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?

Headlines about CPRT stock have been trending neutral this week, according to InfoTrie Sentiment. The research group identifies negative and positive press coverage by monitoring more than six thousand blog and news sources. 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 media sentiment score of 0.2 on InfoTrie's scale. They also assigned news articles about the business services provider a news buzz of 9.0 out of 10, indicating that recent press coverage is extremely likely to have an effect on the company's share price in the near term.

Are investors shorting Copart?

Copart saw a decline in short interest in 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 currently 3.3 days. Approximately 3.1% of the shares of the company are sold short. View Copart's Current Options Chain.

Who are some of Copart's key competitors?

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 many different of institutional and retail investors. Top institutional investors include BlackRock Inc. (6.14%), FMR LLC (3.33%), William Blair Investment Management LLC (3.04%), Alliancebernstein L.P. (2.36%), JPMorgan Chase & Co. (2.19%) and Atlanta Capital Management Co. L L C (1.90%). 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 institutional 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 institutional 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., State Treasurer State of Michigan, AQR Capital Management LLC, Allianz Asset Management GmbH, YCG LLC and Kornitzer Capital Management Inc. KS. 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 $51.01.

How big of a company is Copart?

Copart has a market capitalization of $11.93 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?

The official website for Copart is http://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]


MarketBeat Community Rating for Copart (NASDAQ CPRT)

Community Ranking:  2.3 out of 5 (star star)
Outperform Votes:  246 (Vote Outperform)
Underperform Votes:  283 (Vote Underperform)
Total Votes:  529
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.
This page was last updated on 11/19/2018 by MarketBeat.com Staff

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