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

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$65.60 -1.47 (-2.19 %)
(As of 05/19/2019 04:19 AM ET)
Previous Close$65.60
Today's Range$65.38 - $66.10
52-Week Range$44.61 - $67.54
Volume1.06 million shs
Average Volume965,595 shs
Market Capitalization$14.97 billion
P/E Ratio37.92
Dividend YieldN/A
Beta0.98
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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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$1.81 billion
Cash Flow$2.0707 per share
Book Value$6.76 per share

Profitability

Net Income$417.86 million

Miscellaneous

Employees6,026
Market Cap$14.97 billion
Next Earnings Date5/22/2019 (Confirmed)
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) announced its quarterly earnings results on Wednesday, February, 20th. The business services provider reported $0.52 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.51 by $0.01. The business services provider earned $484.90 million during the quarter, compared to the consensus estimate of $488.54 million. Copart had a return on equity of 30.20% and a net margin of 25.75%. The company's quarterly revenue was up 5.6% on a year-over-year basis. During the same quarter last year, the firm posted $0.47 EPS. View Copart's Earnings History.

When is Copart's next earnings date?

Copart is scheduled to release their next quarterly earnings announcement on Wednesday, May 22nd 2019. View Earnings Estimates for Copart.

How can I listen to Copart's earnings call?

Copart will be holding an earnings conference call on Thursday, May 23rd at 9:00 AM Eastern. Interested parties can register for or listen to the call using this link.

What price target have analysts set for CPRT?

6 Wall Street analysts have issued 1 year target prices for Copart's stock. Their predictions range from $47.00 to $67.07. On average, they anticipate Copart's share price to reach $60.3567 in the next twelve months. This suggests that the stock has a possible downside of 8.0%. View Analyst Price Targets for Copart.

What is the consensus analysts' recommendation for Copart?

6 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Copart in the last year. There are currently 1 sell rating, 3 hold ratings and 2 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, "Copart is expanding the network of facilities to manage inflating volumes, which will likely drive sales. Apart from expanding existing locations, it also engages in acquisitions to grow its market presence. Further, lower vehicle sales aided Copart to generate exceptional top-line performance. Over the past month, shares of Copart have outperformed the industry it belongs to. However, rising general and administrative expenses, mainly accruing on account of acquisitions, are concerns before the company." (4/30/2019)
  • 2. Barrington Research analysts commented, "We believe the quarter should at least be within a $0.50-0.51 range as industry fundamentals remain strong in terms of total losses. Global inventory for CPRT at the end of Q1/19 decreased 1.5% YOY due to tough comps from CAT vehicles related to Hurricane Harvey. Factoring out CAT vehicles, global inventory growth totaled 10% including 10.4% in the U.S. and 14% in international markets." (2/19/2019)

Has Copart been receiving favorable news coverage?

News articles about CPRT stock have been trending negative this week, according to InfoTrie Sentiment. InfoTrie identifies positive and negative press coverage by monitoring more than six thousand blog and news sources. The firm ranks coverage of 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 -2.1 on InfoTrie's scale. They also assigned news coverage about the business services provider a news buzz of 10.0 out of 10, indicating that recent press coverage is extremely likely to have an effect on the company's share price in the next few days.

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 Home Depot (HD), NVIDIA (NVDA), Adobe (ADBE), Micron Technology (MU), Netflix (NFLX), Boeing (BA), Mastercard (MA), UnitedHealth Group (UNH), Paypal (PYPL) and Align Technology (ALGN).

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 number of of institutional and retail investors. Top institutional investors include BlackRock Inc. (6.46%), Kayne Anderson Rudnick Investment Management LLC (4.04%), Principal Financial Group Inc. (3.24%), FMR LLC (3.17%), William Blair Investment Management LLC (2.92%) and US Bancorp DE (2.25%). 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, 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 Morgan Stanley, Kayne Anderson Rudnick Investment Management LLC, Janus Henderson Group PLC, Geode Capital Management LLC, MIG Capital LLC, JPMorgan Chase & Co., BlackRock Inc. and US Bancorp DE. Company insiders that have sold Copart company stock in the last year include A Jayson Adair, Daniel J Englander, Jeffrey Liaw, 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 acquired by a variety of institutional investors in the last quarter, including Wellington Management Group LLP, FMR LLC, Wells Fargo & Company MN, Jarislowsky Fraser Ltd, Blair William & Co. IL, Wafra Inc., First Trust Advisors LP and TimesSquare 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 $65.60.

How big of a company is Copart?

Copart has a market capitalization of $14.97 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:  274 (Vote Outperform)
Underperform Votes:  315 (Vote Underperform)
Total Votes:  589
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 5/19/2019 by MarketBeat.com Staff

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