NASDAQ:CPRT

Copart - CPRT Stock Forecast, Price & News

$109.02

-0.76 (-0.69%)

(As of 09/30/2022 12:34 PM ET)

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Today's Range: $108.70
▼
$110.48
50-Day Range: $105.08
▼
$131.63
52-Week Range: $102.21
▼
$161.12

Volume: 43,997 shs
Average Volume: 1.30 million shs
Market Capitalization: $25.95 billion

P/E Ratio: 24.07
Dividend Yield: N/A
Price Target: $150.50

Copart MarketRank™ Forecast

Analyst Rating: Buy
3.00 Rating Score
Upside/Downside: 36.7% Upside
$150.50 Price Target
Short Interest: Healthy
1.09% of Float Sold Short
Dividend Strength: N/A
Sustainability: -3.45
Upright™ Environmental Score
News Sentiment: 0.25
Based on 11 Articles This Week
Insider Trading: N/A
Proj. Earnings Growth: 6.37%
From $4.71 to $5.01 Per Share

Overall MarketRank^™

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.22 out of 5 stars

Business Services Sector

172nd out of 338 stocks

Automotive Dealers & Gasoline Service Stations Industry

8th out of 24 stocks

3.5

Analyst's Opinion

Consensus Rating
Copart has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 2 buy ratings, no hold ratings, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $150.50, Copart has a forecasted upside of 36.7% from its current price of $110.11.
Amount of Analyst Coverage
Copart has received no research coverage in the past 90 days.

3.0

Short Interest

Percentage of Shares Shorted
1.09% of the float of Copart has been sold short.
Short Interest Ratio / Days to Cover
Copart has a short interest ratio ("days to cover") of 2.3, which is generally considered an acceptable ratio of short interest to trading volume.
Change versus previous month
Short interest in Copart has recently increased by 13.66%, indicating that investor sentiment is decreasing significantly.

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.

0.7

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
Copart has received a -67.49% net impact score from Upright. The largest negative impact of Copart in category "GHG emissions" is driven by its "Online retail of used passenger cars", "Wholesale of passenger cars", and "Online auction platforms" products. See details.
Environmental Sustainability
The Environmental Impact score for Copart is -3.45.

1.8

News and Social Media Coverage

News Sentiment
Copart has a news sentiment score of 0.25. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.49 average news sentiment score of Business Services companies.
News Coverage This Week
MarketBeat has tracked 11 news articles for Copart this week, compared to 4 articles on an average week.
Search Interest
Only 11 people have searched for CPRT on MarketBeat in the last 30 days. This is a decrease of -58% compared to the previous 30 days.
MarketBeat Follows
Only 5 people have added Copart to their MarketBeat watchlist in the last 30 days. This is a decrease of -44% compared to the previous 30 days.

2.5

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Copart insiders have not sold or bought any company stock.
Percentage Held by Insiders
11.18% of the stock of Copart is held by insiders. A high percentage of insider ownership can be a sign of company health.
Percentage Held by Institutions
80.92% of the stock of Copart is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

1.9

Earnings and Valuation

Earnings Growth
Earnings for Copart are expected to grow by 6.37% in the coming year, from $4.71 to $5.01 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Copart is 24.31, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 116.76.
Price to Earnings Ratio vs. Sector
The P/E ratio of Copart is 24.31, which means that it is trading at a less expensive P/E ratio than the Business Services sector average P/E ratio of about 203.68.
Price to Book Value per Share Ratio
Copart has a P/B Ratio of 5.67. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

About Copart (NASDAQ:CPRT) Stock

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.

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CPRT Stock News Headlines

September 29, 2022 | nasdaq.com

Nasdaq Bear Market: 2 Unbelievable Stocks You'll Regret Not Buying on the Dip - Nasdaq

September 17, 2022 | finance.yahoo.com

The total return for Copart (NASDAQ:CPRT) investors has risen faster than earnings growth over the last five years

September 30, 2022 | Investing Trends (Ad)

The $193 Billion US-China War You Don't Know About

They're fighting for control of lithium – a key ingredient in EVs and clean energy technology. It's arguably the most important commodity of the 21st century. China owns 80% of global supply. But the US plans to grab a massive slice of the lithium market, which is forecasted to quadruple to $193 billion by 2028, according to Fortune Business Insights.

September 15, 2022 | nasdaq.com

Copart Enters Oversold Territory (CPRT)

September 10, 2022 | benzinga.com

Copart (NASDAQ:CPRT) – Copart shares are trading lower after the company reported Q4 earnings results. - Benzinga

September 9, 2022 | seekingalpha.com

Copart stock dips as margin disappoints (NASDAQ:CPRT) - Seeking Alpha

September 8, 2022 | nasdaq.com

Nasdaq 100 Movers: CPRT, REGN - Nasdaq

September 8, 2022 | nasdaq.com

Copart (CPRT) Q4 Earnings Coming Up: What's in the Cards? - Nasdaq

September 30, 2022 | Investing Trends (Ad)

The $193 Billion US-China War You Don't Know About

September 8, 2022 | fool.com

Copart (CPRT) Q4 2022 Earnings Call Transcript - The Motley Fool

September 8, 2022 | fool.com

Copart (CPRT) Q4 2022 Earnings Call Transcript

September 8, 2022 | msn.com

$1000 Invested In Copart 5 Years Ago Would Be Worth This Much Today

September 8, 2022 | nasdaq.com

Shareholders Are Optimistic That Copart (NASDAQ:CPRT) Will Multiply In Value

September 8, 2022 | investing.com

Copart Tops Q2 EPS by 3c By Investing.com - Investing.com

September 8, 2022 | benzinga.com

Copart (CPRT) – Copart Reports Fourth Quarter Fiscal 2022 Financial Results - Benzinga

September 7, 2022 | in.investing.com

Copart Tops Q2 EPS by 3c By Investing.com - Investing.com India

September 7, 2022 | benzinga.com

Copart (CPRT) – $1000 Invested In Copart 5 Years Ago Would Be Worth This Much Today - Benzinga

September 7, 2022 | finance.yahoo.com

Copart Reports Fourth Quarter Fiscal 2022 Financial Results

September 7, 2022 | seekingalpha.com

Copart Q4 2022 Earnings Preview (NASDAQ:CPRT) - Seeking Alpha

September 6, 2022 | benzinga.com

Copart (CPRT) – Earnings Outlook For Copart - Benzinga

September 6, 2022 | benzinga.com

Avis Budget Group (CAR), Copart (CPRT) – Lazydays Announces John North's Commencement of Service as Chief - Benzinga

September 1, 2022 | bizjournals.com

ACV Auctions anti-trust suit: Five key takeaways - Buffalo Business First - The Business Journals

September 1, 2022 | benzinga.com

Copart (CPRT) – Copart, Inc. to Release Fourth Quarter Fiscal 2022 Results - Benzinga

September 1, 2022 | finance.yahoo.com

Copart, Inc. to Release Fourth Quarter Fiscal 2022 Results

August 26, 2022 | businesswire.com

UAE Used Car Market Report 2022: Increasing Preference for Vehicle Ownership & Growing Disposable Income Driving Sector - ResearchAndMarkets.com - Business Wire

August 25, 2022 | finance.yahoo.com

Estimating The Intrinsic Value Of Copart, Inc. (NASDAQ:CPRT)

August 25, 2022 | foxnews.com

Paul Pelosi DUI: Porsche House Speaker’s husband wrecked in California crash up for auction - Fox News

See More Headlines

30 days | 90 days | 365 days | Advanced Chart

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CPRT Company Calendar

Last Earnings: 9/07/2022
Today: 9/30/2022
Next Earnings (Estimated): 11/16/2022
Fiscal Year End: 7/31/2023

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Industry, Sector and Symbol

Stock Exchange: NASDAQ
Industry: Automotive dealers & gasoline service stations
Sub-Industry: Diversified Support Services
Sector: Business Services
Current Symbol: NASDAQ:CPRT
CUSIP: 21720410
CIK: 900075
Web: www.copart.com
Phone: 972-391-5000
Fax: 707-644-7355
Employees: 8,600
Year Founded: 1982

Price Target and Rating

Average Stock Price Forecast: $150.50
High Stock Price Forecast: $175.00
Low Stock Price Forecast: $135.00
Forecasted Upside/Downside: +38.0%
Consensus Rating: Buy
Rating Score (0-4): 3.00
Research Coverage: 2 Analysts

Profitability

EPS (Most Recent Fiscal Year): $4.53
Trailing P/E Ratio: 24.07
Forward P/E Ratio: 23.15
P/E Growth: N/A
Net Income: $1.09 billion
Net Margins: 31.14%
Pretax Margin: 38.30%
Return on Equity: 25.53%
Return on Assets: 20.69%

Debt

Debt-to-Equity Ratio: N/A
Current Ratio: 5.00
Quick Ratio: 4.86

Sales & Book Value

Annual Sales: $3.50 billion
Price / Sales: 7.41
Cash Flow: $5.01 per share
Price / Cash Flow: 21.75
Book Value: $19.43 per share
Price / Book: 5.61

Miscellaneous

Outstanding Shares: 238,060,000
Free Float: 211,101,000
Market Cap: $25.95 billion
Optionable: Optionable
Beta: 1.16

Social Links

Key Executives

Mr. Willis J. Johnson (Age 71)
Founder & Exec. Chairman

Mr. A. Jayson Adair (Age 49)
CEO & Director

Mr. Jeffrey Liaw (Age 41)
CFO & Sr. VP of Fin.

Mr. William E. Franklin CPA (Age 62)
Exec. VP for U.S. Operations & Shared Services

Mr. Vincent W. Mitz (Age 55)
Pres & Director

Key Competitors

View All Competitors

Insiders & Institutions

View All Insider Transactions
View All Institutional Transactions

CPRT Stock - Frequently Asked Questions

Should I buy or sell Copart stock right now?: 2 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Copart in the last twelve months. There are currently 2 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "buy" CPRT shares.
View CPRT analyst ratings or view top-rated stocks.
What is Copart's stock price forecast for 2022?: 2 Wall Street research analysts have issued twelve-month target prices for Copart's stock. Their CPRT share price forecasts range from $135.00 to $175.00. On average, they predict the company's share price to reach $150.50 in the next twelve months. This suggests a possible upside of 37.1% from the stock's current price.
View analysts price targets for CPRT or view top-rated stocks among Wall Street analysts.
How have CPRT shares performed in 2022?: Copart's stock was trading at $151.62 at the beginning of the year. Since then, CPRT stock has decreased by 27.6% and is now trading at $109.78.
View the best growth stocks for 2022 here.
When is Copart's next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Wednesday, November 16th 2022.
View our CPRT earnings forecast.
How were Copart's earnings last quarter?: Copart, Inc. (NASDAQ:CPRT) posted its quarterly earnings results on Wednesday, September, 7th. The business services provider reported $1.13 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $1.08 by $0.05. The business services provider earned $883.39 million during the quarter, compared to analyst estimates of $874.14 million. Copart had a net margin of 31.14% and a trailing twelve-month return on equity of 25.53%. The firm's revenue was up 18.0% on a year-over-year basis. During the same period in the previous year, the company earned $1.03 EPS.
Read the conference call transcript.
What is Jay Adair's approval rating as Copart's CEO?: 259 employees have rated Copart Chief Executive Officer Jay Adair on Glassdoor.com. Jay Adair has an approval rating of 88% among the company's employees.

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), Lululemon Athletica (LULU), Mastercard (MA), Advanced Micro Devices (AMD), Walt Disney (DIS), Home Depot (HD), Intel (INTC) and Verizon Communications (VZ).
What is Copart's stock symbol?: Copart trades on the NASDAQ under the ticker symbol "CPRT."
How do I buy shares of Copart?: Shares of CPRT stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.
What is Copart's stock price today?: One share of CPRT stock can currently be purchased for approximately $109.78.
How much money does Copart make?: Copart (NASDAQ:CPRT) has a market capitalization of $26.09 billion and generates $3.50 billion in revenue each year. The business services provider earns $1.09 billion in net income (profit) each year or $4.53 on an earnings per share basis.
How many employees does Copart have?: The company employs 8,600 workers across the globe.
Does Copart have any subsidiaries?: The following companies are subsidiares of Copart: AG Watson Auto Salvage & Motor Spares (Scotland), Barodge Auto Pool, Berpa Auto Auction, Blue Fortress Holdings LLC, Blue Magnum Fortress Holdings LLC, Bob Lowe Salvage Pool, CPRT (Europe) Limited, CPRT European Investments Limited, CPRT GmbH, CPRT Holding Company Netherlands B.V., CPRT Holdings LLC, CPRT LLP, Century Salvage Sales, Copart Autos España S.L.U., Copart Bahrain Auctions WLL, Copart Batavia B.V., Copart Canada Inc, Copart Catastrophe Response Fleet LLC, Copart Claims Handling Services Limited, Copart Deutschland GmbH, Copart Europe Limited, Copart India Private Limited, Copart Investment Holdings LLC, Copart Montréal Inc., Copart Muscat Auctions LLC, Copart Singapore Private Limited, Copart Suomi Oy, Copart UAE Auctions LLC, Copart UK Limited, Copart Vehicle Auctions Ireland Limited, Copart do Brasil Organização de Leilões Ltda., Copart do Brasil Transportes Ltda., Copart of Arizona Inc., Copart of Arkansas Inc., Copart of Connecticut Inc., Copart of Florida Inc., Copart of Houston Inc, Copart of Kansas Inc., Copart of Louisiana Inc., Copart of Missouri Inc., Copart of Oklahoma Inc., Copart of Tennessee Inc., Copart of Texas Inc., Copart of Washington Inc., Copart-Dallas Inc., Copart-Houston Inc., Crashed Toys L.L.C., Cycle Express LLC, D Hales, Dallas Copart Salvage Auto Auctions Limited Partnership, Houston Copart Salvage Auto Auctions Limited Partnership, National Powersport Auctions Logo National Powersport Auctions, Salvage Parent, TRAPOC GmbH, TRPC Limited, Trapoc Immobilien GmbH, Trapoc Limited, U-Pull-It Limited, Universal Salvage, Universal Salvage Limited, Vincent Auto Solutions, W.O.M. Service GmbH, and WOM WreckOnlineMarket GmbH.
Read More
How can I contact Copart?: Copart's mailing address is 14185 DALLAS PARKWAY SUITE 300, DALLAS TX, 75254. The official website for the company is www.copart.com. The business services provider can be reached via phone at 972-391-5000, via email at investor.relations@copart.com, or via fax at 707-644-7355.

This page (NASDAQ:CPRT) was last updated on 9/30/2022 by MarketBeat.com Staff

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Copart - CPRT Stock Forecast, Price & News

Copart MarketRank™ Forecast

Overall MarketRank™

Analyst's Opinion

Short Interest

Percentage of Shares Shorted

Short Interest Ratio / Days to Cover

Change versus previous month

Dividend Strength

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score

Environmental Sustainability

News and Social Media Coverage

News Sentiment

News Coverage This Week

Search Interest

MarketBeat Follows

Company Ownership

Earnings and Valuation

About Copart (NASDAQ:CPRT) Stock

CPRT Stock News Headlines

CPRT Company Calendar

Industry, Sector and Symbol

Price Target and Rating

Profitability

Debt

Sales & Book Value

Miscellaneous

Social Links

Key Executives

Key Competitors

Insiders & Institutions

CPRT Stock - Frequently Asked Questions

MarketBeat Resources

Premium Research Tools

Market Data and Calendars

Investing Education and Resources

Overall MarketRank^™