NASDAQ:CPRT - Copart Stock Price, News & Analysis

$73.68
-2.56 (-3.36 %)
(As of 08/23/2019 04:00 PM ET)
Today's Range
$73.4401
Now: $73.68
$76.1250
50-Day Range
$73.72
MA: $76.58
$79.62
52-Week Range
$44.61
Now: $73.68
$79.74
Volume872,510 shs
Average Volume1.25 million shs
Market Capitalization$16.88 billion
P/E Ratio42.59
Dividend YieldN/A
Beta0.82
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. Read More…

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$2.0292 per share
Book Value$6.76 per share

Profitability

Net Income$417.86 million

Miscellaneous

Employees6,026
Market Cap$16.88 billion
Next Earnings Date9/18/2019 (Estimated)
OptionableOptionable

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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) released its quarterly earnings data 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 the consensus estimate of $448.64 million. Copart had a net margin of 28.12% and a return on equity of 31.33%. The business's revenue for the quarter was up 18.6% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $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 Wednesday, September 18th 2019. View Earnings Estimates for Copart.

What price target have analysts set for CPRT?

6 brokers have issued 12-month price targets for Copart's stock. Their forecasts range from $47.00 to $78.00. On average, they expect Copart's stock price to reach $64.0233 in the next twelve months. This suggests that the stock has a possible downside of 13.1%. 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, "In the third quarter of fiscal 2019, Copart’s earnings and revenues beat the respective Zacks Consensus Estimate. Further, the figures witnessed year-over-year growth. Expanding facility networks to manage inflating volume along with increasing activity levels across all markets are driving the company. Further, acquisitions to grow its market presence will support its strengthening footprint in markets across the key markets. However, rising general and administrative expenses on frequent capacity expansion and acquisitions is a headwind. Also, Copart is struggling with high costs incurred in 2018 due to hurricane Harvey. Also, vulnerability to foreign currency fluctuations, owing to its presence outside the United States, is a concern." (5/27/2019)
  • 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?

Media headlines about CPRT stock have been trending positive this week, according to InfoTrie Sentiment. The research firm identifies positive and negative news coverage by reviewing more than six thousand blog and news sources in real time. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Copart earned a media sentiment score of 2.5 on InfoTrie's scale. They also assigned media stories about the business services provider a news buzz of 6.0 out of 10, indicating that recent news coverage is somewhat likely to have an effect on the company's share price in the next few days. View News Stories for Copart.

Are investors shorting Copart?

Copart saw a drop in short interest in the month of July. As of July 15th, there was short interest totalling 5,134,300 shares, a drop of 16.5% from the June 15th total of 6,146,200 shares. Based on an average trading volume of 1,260,000 shares, the days-to-cover ratio is presently 4.1 days. Approximately 2.6% of the company's shares are short sold. 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), Adobe (ADBE), Micron Technology (MU), Home Depot (HD), UnitedHealth Group (UNH), Intel (INTC), Netflix (NFLX), Mastercard (MA), Visa (V) and Lululemon Athletica (LULU).

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 retail and institutional investors. Top institutional investors include Vanguard Group Inc. (9.88%), BlackRock Inc. (6.92%), BlackRock Inc. (6.92%), Kayne Anderson Rudnick Investment Management LLC (4.81%), Morgan Stanley (2.56%) and William Blair Investment Management LLC (2.30%). 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 major 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, Atlanta Capital Management Co. L L C, Wasatch Advisors Inc., Vanguard Group Inc., Fiera Capital Corp, Janus Henderson Group PLC, Janus Henderson Group PLC and Peregrine Capital Management LLC. Company insiders that have sold Copart company stock in the last year include A Jayson Adair, Daniel J Englander, Matt Blunt and William E Franklin. View Insider Buying and Selling for Copart.

Which major investors are buying Copart stock?

CPRT stock was bought by a variety of institutional investors in the last quarter, including Morgan Stanley, Nuveen Asset Management LLC, BlackRock Inc., BlackRock Inc., Point72 Asset Management L.P., AXA, WINTON GROUP Ltd and Kayne Anderson Rudnick Investment 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 $73.68.

How big of a company is Copart?

Copart has a market capitalization of $16.88 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.View Additional Information About Copart.

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:  288 (Vote Outperform)
Underperform Votes:  327 (Vote Underperform)
Total Votes:  615
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 8/24/2019 by MarketBeat.com Staff

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