Copart Company Profile (NASDAQ:CPRT)

About Copart (NASDAQ:CPRT)

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: Used Car Dealers
Sub-Industry: Diversified Support Services
Symbol: NASDAQ:CPRT
CUSIP: 21720410
Web: www.copart.com

Capitalization:

Market Cap: $8.4 billion
Outstanding Shares: 230,773,000

Average Prices:

50 Day Moving Avg: $34.14
200 Day Moving Avg: $31.77
52 Week Range: $25.37 - $36.65

P/E:

Trailing P/E Ratio: 21.93
Foreward P/E Ratio: 22.48
P/E Growth: 1.14

Sales & Book Value:

Annual Revenue: $1.45 billion
Price / Sales: 5.79
Book Value: $4.76 per share
Price / Book: 7.65

Profitability:

EBITDA: $528.96 million
Net Margins: 27.23%
Return on Equity: 31.83%
Return on Assets: 16.37%

Debt:

Debt-to-Equity Ratio: 0.50%
Current Ratio: 1.94%
Quick Ratio: 1.91%

Misc:

Average Volume: 1.10 million shs.
Beta: 1.19
Short Ratio: 8.16

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) issued its earnings results on Tuesday, September, 19th. The company reported $0.35 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.31 by $0.04. The business had revenue of $378.60 million for the quarter, compared to analyst estimates of $355.42 million. Copart had a net margin of 27.23% and a return on equity of 31.83%. The company's revenue for the quarter was up 13.8% on a year-over-year basis. During the same quarter in the prior year, the business posted $0.31 EPS. View Copart's Earnings History.

When will Copart make its next earnings announcement?

Copart is scheduled to release their next quarterly earnings announcement on Monday, November, 20th 2017. View Earnings Estimates for Copart.

Where is Copart's stock going? Where will Copart's stock price be in 2017?

4 equities research analysts have issued 1 year target prices for Copart's shares. Their predictions range from $33.00 to $42.00. On average, they expect Copart's stock price to reach $37.33 in the next year. 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, "Copart is exposed to foreign currency fluctuations as it has operations in various international markets. Also, the company is incurring higher selling, general and administrative (“SGA”) expenses. Improving safety features in vehicles will likely have a negative impact on Copart’s future earnings. As safety features improve, the accident rate and hence, supply of salvage vehicles is expected to reduce. Moreover, the rapid progress in the development of driverless cars is a looming threat in the long run." (8/2/2017)
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)

Who are some of Copart's key competitors?

Some companies that are related to Copart include Publicis Groupe SA (PUBGY), FleetCor Technologies (FLT), Global Payments (GPN), Nielsen N.V. (NLSN), Verisk Analytics (VRSK), Equifax (EFX), Adecco SA (AHEXY), Alliance Data Systems Corporation (ADS), Randstad Hldgs Nv (RANJY), Gartner (IT), Vantiv (VNTV), Intertek Gp Plc (IKTSY), Broadridge Financial Solutions (BR), Western Union Company (The) (WU), TransUnion (TRU), Xerox Corporation (XRX), Interpublic Group of Companies, Inc. (The) (IPG) and Smiths Group PLC (SMGZY).

Who are Copart's key executives?

Copart's management team includes the folowing people:

Willis J. Johnson, Chairman of the Board
Vincent W. Mitz, President, Director
A. Jayson Adair, Chief Executive Officer, Director
Jeffrey Liaw, Chief Financial Officer, Senior Vice President
William E. Franklin, Executive Vice President - U.S. operations and Shared Services
Rama Prasad, Senior Vice President, Chief Technology Officer
Gregory R. DePasquale, Senior Vice President, General Counsel, Secretary
Matt Blunt, Independent Director
Steven D. Cohan, Independent Director
Daniel J. Englander, Independent Director

Who owns Copart stock?

Copart's stock is owned by a variety of of retail and institutional investors. Top institutional shareholders include LAZARD ASSET MANAGEMENT LLC (1.35%) and Crow Point Partners LLC (0.00%). 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 bought Copart stock? Who is buying Copart stock?

Copart's stock was purchased by a variety of institutional investors in the last quarter, including Crow Point Partners 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.

What is Copart's stock price today?

One share of Copart stock can currently be purchased for approximately $36.41.

MarketBeat Community Rating for Copart (NASDAQ CPRT)

Community Ranking:		2.0 out of 5 ( )
Outperform Votes:		118 (Vote Outperform)
Underperform Votes:		180 (Vote Underperform)
Total Votes:		298

MarketBeat's community ratings are surveys of what our community members think about Copart and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.

Consensus Ratings for Copart (NASDAQ:CPRT) (How are Consensus Ratings Calculated?)

Ratings Breakdown:	2 Hold Ratings, 2 Buy Ratings
Consensus Rating:	Buy (Score: 2.50)
Consensus Price Target:	$37.33 (2.54% upside)

Consensus Price Target History for Copart (NASDAQ:CPRT)

Analysts' Ratings History for Copart (NASDAQ:CPRT)

Show:

Date	Firm	Action	Rating	Price Target	Impact on Share Price
10/5/2017	CJS Securities	Reiterated Rating	Outperform	$42.00	N/A
9/21/2017	Robert W. Baird	Boost Price Target	Outperform	$33.00 -> $37.00	Low
7/6/2017	Jefferies Group LLC	Reiterated Rating	Hold	$33.00	Medium
11/23/2016	Stephens	Downgrade	Overweight -> Equal Weight		N/A
9/23/2016	Bank of America Corporation	Upgrade	Neutral -> Buy	$52.00 -> $63.00	N/A
9/23/2016	Barrington Research	Downgrade	Outperform -> Market Perform		N/A
8/25/2016	Susquehanna Bancshares Inc	Initiated Coverage	Neutral	$53.00	N/A
8/25/2016	Northcoast Research	Downgrade	Buy -> Neutral		N/A
5/27/2016	J P Morgan Chase & Co	Boost Price Target	Neutral	$43.00 -> $50.00	N/A
4/5/2016	Gabelli	Initiated Coverage	Hold	$46.00	N/A
2/25/2016	CL King	Upgrade	Sell -> Neutral		N/A

(Data available from 10/20/2015 forward)

Earnings History for Copart (NASDAQ:CPRT)

Earnings by Quarter 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
11/20/2017		$0.31					N/A
9/19/2017	Q4 2017	$0.31	$0.35	$355.42 million	$378.60 million	View	N/A
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: $2.10
2018 EPS Consensus Estimate: $1.43
2019 EPS Consensus Estimate: $1.62

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	$0.31	$0.62	$0.42
Q1 2018	3	$0.24	$0.28	$0.26
Q2 2018	3	$0.32	$0.36	$0.35
Q3 2018	3	$0.42	$0.44	$0.43
Q4 2018	3	$0.38	$0.42	$0.39
Q1 2019	2	$0.34	$0.35	$0.35
Q2 2019	2	$0.38	$0.41	$0.40
Q3 2019	2	$0.45	$0.48	$0.47
Q4 2019	2	$0.40	$0.42	$0.41

(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: 79.57%

Institutional Ownership by Quarter for Copart (NASDAQ:CPRT)

Insider Trades by Quarter for Copart (NASDAQ:CPRT)

Transaction Date	Insider Name	Title	Buy/Sell	Number of Shares	Average Share Price	Total Transaction
9/29/2017	James E Meeks	Director	Sell	160,000	$34.33	$5,492,800.00
9/28/2017	Vincent W Mitz	President	Sell	200,000	$34.32	$6,864,000.00
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 Announces Expansion of Its Reno, Nevada Location finance.yahoo.com - October 11 at 7:00 PM
	$377.37 Million in Sales Expected for Copart, Inc. (CPRT) This Quarter www.americanbankingnews.com - October 11 at 6:00 AM
	Copart, Inc. (CPRT) Expected to Announce Earnings of $0.25 Per Share www.americanbankingnews.com - October 9 at 4:10 PM
	Stocks To Watch: Copart Sees Relative Strength Rating Rise To 82 finance.yahoo.com - October 6 at 5:45 PM
	Copart, Inc. (CPRT) Rating Reiterated by CJS Securities www.americanbankingnews.com - October 5 at 2:26 PM
	Earnings Review and Free Research Report: Copart’s Adjusted EPS Increased 16.6% finance.yahoo.com - October 4 at 11:44 AM
	ETFs with exposure to Copart, Inc. : October 2, 2017 finance.yahoo.com - October 3 at 5:36 AM
	Insider Selling: Copart, Inc. (CPRT) Director Sells 160,000 Shares of Stock www.americanbankingnews.com - October 2 at 4:34 PM
	Copart, Inc. (CPRT) President Sells $6,864,000.00 in Stock www.americanbankingnews.com - October 2 at 4:34 PM
	A Deep Look at Copart finance.yahoo.com - September 30 at 12:14 PM
	Copart, Inc. (CPRT) to Post Q1 2018 Earnings of $0.27 Per Share, Barrington Research Forecasts www.americanbankingnews.com - September 27 at 11:30 AM
	Copart, Inc. (CPRT) Expected to Earn FY2019 Earnings of $1.61 Per Share www.americanbankingnews.com - September 25 at 8:52 AM
	Analysts Offer Predictions for Copart, Inc.'s FY2019 Earnings (CPRT) www.americanbankingnews.com - September 22 at 12:54 PM
	Despite an Earnings Dip in the Fourth Quarter, Copart Ends the Year Strong www.fool.com - September 22 at 9:25 AM
	Copart, Inc. to Post Q1 2018 Earnings of $0.28 Per Share, Northcoast Research Forecasts (CPRT) www.americanbankingnews.com - September 22 at 8:32 AM
	Jefferies Group Weighs in on Copart, Inc.'s Q1 2018 Earnings (CPRT) www.americanbankingnews.com - September 22 at 8:32 AM
	Copart, Inc. (CPRT) Given New $37.00 Price Target at Robert W. Baird www.americanbankingnews.com - September 21 at 6:22 PM
	IBD Rating Upgrades: Copart Shows Improved Technical Strength finance.yahoo.com - September 21 at 5:26 PM
	Copart, Inc. (CPRT) Given Consensus Recommendation of "Hold" by Brokerages www.americanbankingnews.com - September 21 at 12:48 PM
	Edited Transcript of CPRT earnings conference call or presentation 20-Sep-17 3:00pm GMT finance.yahoo.com - September 21 at 10:00 AM
	Copart, Inc. (CPRT) Expected to Announce Earnings of $0.32 Per Share www.americanbankingnews.com - September 21 at 4:28 AM
	Copart (CPRT) Q4 Earnings & Revenues Beat Estimates, Up Y/Y - Nasdaq www.nasdaq.com - September 20 at 6:18 PM
	Post-earnings rally for Copart seekingalpha.com - September 20 at 12:56 PM
	Copart, Inc. (CPRT) Expected to Post FY2017 Earnings of $1.25 Per Share www.americanbankingnews.com - September 20 at 7:44 AM
	Copart Inc. Q4 Earnings Rise 20% www.rttnews.com - September 20 at 3:35 AM
	Copart Reports Fourth Quarter Fiscal 2017 Financial Results finance.yahoo.com - September 19 at 10:31 PM
	Copart tops Street 4Q forecasts finance.yahoo.com - September 19 at 10:31 PM
	Copart, Inc. (CPRT) Issues Quarterly Earnings Results, Beats Estimates By $0.06 EPS www.americanbankingnews.com - September 19 at 9:20 PM
	Northcoast Research Equities Analysts Boost Earnings Estimates for Copart, Inc. (CPRT) www.americanbankingnews.com - September 19 at 8:58 AM
	Copart Announces Expansion of Its New Orleans, Louisiana Location finance.yahoo.com - September 14 at 6:17 PM
	Copart, Inc. to Webcast Fourth Quarter Fiscal 2017 Results finance.yahoo.com - September 13 at 11:48 PM
	Copart, Inc. (CPRT) Scheduled to Post Quarterly Earnings on Monday www.americanbankingnews.com - September 11 at 1:28 AM
	Does Copart Actually Gain From Hurricane Harvey? - Seeking Alpha seekingalpha.com - September 6 at 5:30 PM
	Copart Announces Expansion of Its Location near Minneapolis, Minnesota finance.yahoo.com - September 5 at 7:04 PM
	Analysts Anticipate Copart, Inc. (CPRT) Will Post Quarterly Sales of $355.48 Million www.americanbankingnews.com - September 4 at 7:30 AM
	Copart, Inc. – Value Analysis (NASDAQ:CPRT) : September 2, 2017 finance.yahoo.com - September 2 at 3:52 AM
	Copart, Inc. breached its 50 day moving average in a Bearish Manner : CPRT-US : August 29, 2017 finance.yahoo.com - August 29 at 5:53 PM
	Copart (CPRT) Expands Conway-Prairie Grove Sites at Arkansas ... - Nasdaq www.nasdaq.com - August 25 at 11:47 PM
	See what the IHS Markit Score report has to say about Copart Inc. finance.yahoo.com - August 24 at 6:44 AM
	Brokerages Expect Copart, Inc. (CPRT) Will Post Quarterly Sales of $355.48 Million www.americanbankingnews.com - August 16 at 1:28 AM
	Copart, Inc. (CPRT) Receives Average Recommendation of "Hold" from Analysts www.americanbankingnews.com - August 15 at 6:32 PM
	Copart, Inc. breached its 50 day moving average in a Bullish Manner : CPRT-US : August 15, 2017 finance.yahoo.com - August 15 at 6:12 PM
	Copart Opens New Location in Andrews, Texas finance.yahoo.com - August 14 at 5:52 PM
	Copart, Inc. breached its 50 day moving average in a Bearish Manner : CPRT-US : August 3, 2017 finance.yahoo.com - August 3 at 3:38 PM
	Copart, Inc. (NASDAQ:CPRT) Expected to Announce Quarterly Sales of $355.48 Million www.americanbankingnews.com - July 29 at 7:21 AM
	ETFs with exposure to Copart, Inc. : July 24, 2017 finance.yahoo.com - July 24 at 5:08 PM
	Copart, Inc. (NASDAQ:CPRT) Receives Average Recommendation of "Hold" from Analysts www.americanbankingnews.com - July 21 at 6:50 PM
	Copart (CPRT) versus America's Car-Mart (CRMT) Critical Review www.americanbankingnews.com - July 20 at 12:42 PM
	Copart on Firmer Footing With Candia-West Warren Expansion finance.yahoo.com - July 19 at 6:38 PM
	Copart Announces Expansion of Its Candia, N.H. and West Warren, Mass. Locations finance.yahoo.com - July 18 at 7:00 PM