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NASDAQ:CPRTCopart Stock Price, Forecast & News

$89.39
+0.27 (+0.30 %)
(As of 05/29/2020 04:00 PM ET)
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Today's Range
$88.27
Now: $89.39
$89.81
50-Day Range
$66.15
MA: $78.41
$89.12
52-Week Range
$55.69
Now: $89.39
$104.88
Volume2.57 million shs
Average Volume1.73 million shs
Market Capitalization$20.89 billion
P/E Ratio31.04
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.
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Beat the Market (BTM) Rank

Analyst Opinion: 2.3Community Rank: 2.4Dividend Strength: 0.0Insider Behavior: 1.0Valuation: 0.6 5 -4 -3 -2 -1 -

Overall Beat the Market Rank

1.26 out of 5 stars


Industry, Sector and Symbol

Industry Automotive dealers & gasoline service stations
Sub-IndustryDiversified Support Services
SectorBusiness Services
Current SymbolNASDAQ:CPRT
CUSIP21720410
Phone972-391-5000

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$2.04 billion
Cash Flow$2.72 per share
Book Value$7.76 per share

Profitability

Net Income$591.69 million

Miscellaneous

Employees7,327
Market Cap$20.89 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 reached pandemic status according to the World Health Organization. Since then, CPRT stock has increased by 18.0% and is now trading at $89.39. 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) released its earnings results 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 had revenue of $550.36 million for the quarter, compared to analysts' expectations of $547.05 million. Copart had a net margin of 30.95% and a return on equity of 30.34%. The firm's revenue was down .5% on a year-over-year basis. During the same quarter in the previous year, the company earned $0.66 EPS. View Copart's earnings history.

What price target have analysts set for CPRT?

9 brokerages have issued 12 month 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 4.9%. View analysts' price targets for Copart.

Has Copart been receiving favorable news coverage?

Media coverage about CPRT stock has been trending somewhat positive this week, according to InfoTrie Sentiment Analysis. The research firm identifies positive and negative media coverage by reviewing more than six thousand news and blog sources in real-time. The firm ranks coverage of companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Copart earned a news sentiment score of 1.5 on InfoTrie's scale. They also assigned headlines about the business services provider a news buzz of 0.0 out of 10, indicating that recent media coverage is extremely unlikely to have an impact on the stock's share price in the immediate future. View the latest news aboutCopart.

Are investors shorting Copart?

Copart saw a decrease in short interest during the month of May. As of May 15th, there was short interest totaling 4,370,000 shares, a decrease of 18.0% from the April 30th total of 5,330,000 shares. Based on an average daily volume of 2,610,000 shares, the days-to-cover ratio is currently 1.7 days. Currently, 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?

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 institutional and retail 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 bought 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 $89.39.

How big of a company is Copart?

Copart has a market capitalization of $20.89 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 5/30/2020 by MarketBeat.com Staff

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