Copart, Inc. (CPRT)

NASDAQ: CPRT · Real-Time Price · USD
51.38
+0.66 (1.29%)
Sep 18, 2024, 3:04 PM EDT - Market open
1.29%
Market Cap 49.44B
Revenue (ttm) 4.24B
Net Income (ttm) 1.36B
Shares Out 962.30M
EPS (ttm) 1.40
PE Ratio 36.70
Forward PE 32.83
Dividend n/a
Ex-Dividend Date n/a
Volume 2,557,679
Open 51.00
Previous Close 50.72
Day's Range 50.87 - 51.92
52-Week Range 42.41 - 58.58
Beta 1.27
Analysts Hold
Price Target 53.00 (+3.16%)
Earnings Date Sep 4, 2024

About CPRT

Copart, Inc. provides online auctions and vehicle remarketing services in the United States, Canada, the United Kingdom, Brazil, the Republic of Ireland, Germany, Finland, the United Arab Emirates, Oman, Bahrain, and Spain. 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 to vehicle sellers, insurance companies, banks and finance companies, charities, fleet operators, dealers, vehicle rental companies, and individuals. The com... [Read more]

Sector Industrials
IPO Date Mar 16, 1994
Employees 10,200
Stock Exchange NASDAQ
Ticker Symbol CPRT
Full Company Profile

Financial Performance

In 2024, Copart's revenue was $4.24 billion, an increase of 9.49% compared to the previous year's $3.87 billion. Earnings were $1.36 billion, an increase of 10.12%.

Financial Statements

Analyst Forecast

According to 3 analysts, the average rating for CPRT stock is "Hold." The 12-month stock price forecast is $53.0, which is an increase of 3.16% from the latest price.

Price Target
$53.0
(3.16% upside)
Analyst Consensus: Hold
Stock Forecasts

News

Copart: Fantastic Business, Tricky Valuation

Copart has grown from a junkyard to a $47 billion leader in vehicle auctions and remarketing, benefiting from strong demand drivers like aging fleets, accidents, and sustainability trends. Despite imp...

12 days ago - Seeking Alpha

Copart, Inc. (CPRT) Q4 2024 Earnings Call Transcript

Copart, Inc. (NASDAQ:CPRT) Q4 2024 Earnings Conference Call September 4, 2024 5:30 PM ET Company Participants Jeff Liaw - Chief Executive Officer Leah Stearns - Chief Financial Officer Conference Cal...

13 days ago - Seeking Alpha

Copart Reports Fourth Quarter Fiscal 2024 Financial Results

DALLAS--(BUSINESS WIRE)--Copart, Inc. (NASDAQ: CPRT) today reported financial results for the quarter and year ended July 31, 2024. For the three months ended July 31, 2024, revenue, gross profit, and...

13 days ago - Business Wire

Copart, Inc. to Release Fourth Quarter Fiscal 2024 Results

DALLAS--(BUSINESS WIRE)--Copart, Inc. (NASDAQ: CPRT) announced today that it will release earnings for the fourth quarter of fiscal 2024 after 4:00 p.m. Eastern Time (3:00 p.m. Central) on Wednesday, ...

21 days ago - Business Wire

Copart: Resilient Business With A Wide Moat

Copart is a leading online vehicle auctioning platform operating in 11 countries. Many investors are brushing off the company, it's currently trading at 35x P/E, higher than its 5-year historical aver...

4 weeks ago - Seeking Alpha

Copart, Inc. to Present at Baird's Global Consumer, Technology & Services Conference

DALLAS--(BUSINESS WIRE)--Copart, Inc. (NASDAQ: CPRT) announced today that Leah Stearns, the company's Chief Financial Officer, will participate in a fireside chat at Baird's Global Consumer, Technolog...

4 months ago - Business Wire

Copart, Inc. (CPRT) Q3 2024 Earnings Call Transcript

Copart, Inc. (NASDAQ:CPRT) Q3 2024 Results Conference Call May 16, 2024 5:30 PM ET Company Participants Jeff Liaw - Co-Chief Executive Officer Leah Stearns - Chief Financial Officer Conference Call P...

4 months ago - Seeking Alpha

Copart's third-quarter revenue beats as vehicle sales rise

Online vehicle auction services provider Copart marginally beat third-quarter revenue estimates on Thursday as vehicle sales increased.

4 months ago - Reuters

Copart Reports Third Quarter Fiscal 2024 Financial Results

DALLAS--(BUSINESS WIRE)--Copart, Inc. (NASDAQ: CPRT) today reported financial results for the quarter ended April 30, 2024. For the three months ended April 30, 2024, revenue, gross profit, and net in...

4 months ago - Business Wire

Copart, Inc. to Release Third Quarter Fiscal 2024 Results

DALLAS--(BUSINESS WIRE)--Copart, Inc. (NASDAQ: CPRT) announced today that it will release earnings for the third quarter of fiscal 2024 after 4:00 p.m. Eastern Time (3:00 p.m. Central) on Thursday, Ma...

4 months ago - Business Wire

Copart: Rating Upgrade As I See Volume Growth Driven By Structural Cause

CPRT's valuation was previously seen as too high, but the underlying momentum and volume growth trend have changed the outlook. In the 2Q24 quarter, CPRT's revenue and EBIT missed estimates, but volum...

6 months ago - Seeking Alpha

Copart Appoints Jeff Liaw as CEO and Director and Jay Adair as Executive Chairman

DALLAS , March 11, 2024 /PRNewswire/ -- Copart, Inc. (NASDAQ: CPRT) today announced that its Board of Directors has appointed Jeff Liaw as the company's sole Chief Executive Officer (CEO) and as a mem...

6 months ago - PRNewsWire

Copart, Inc. (CPRT) Q2 2024 Earnings Call Transcript

Copart, Inc. (NASDAQ:CPRT) Q2 2024 Earnings Conference Call February 22, 2024 5:30 PM ET

7 months ago - Seeking Alpha

Copart Reports Second Quarter Fiscal 2024 Financial Results

DALLAS--(BUSINESS WIRE)--Copart, Inc. (NASDAQ: CPRT) today reported financial results for the quarter ended January 31, 2024. For the three months ended January 31, 2024, revenue, gross profit, and ne...

7 months ago - Business Wire

Copart, Inc. to Release Second Quarter Fiscal 2024 Results

DALLAS--(BUSINESS WIRE)--Copart, Inc. (NASDAQ: CPRT) announced today that it will release earnings for the second quarter of fiscal 2024 after 4:00 p.m. Eastern Time (3:00 p.m. Central) on Thursday, F...

7 months ago - Business Wire

Copart, Inc. Announces Senior Leadership Appointments

DALLAS , Jan. 15, 2024 /PRNewswire/ -- Copart, Inc. (NASDAQ:CPRT) is pleased to announce the appointment of three new members to its senior executive leadership team: Chief Marketing Officer (CMO) Dav...

8 months ago - PRNewsWire

'Ten-bagger' stocks are the 'holy grail': Strategist

As Wall Street weighs whether markets can sustain November's rally, investors are spotting opportunities. eToro Global Markets Strategist Ben Laidler joined Yahoo Finance Live to analyze high-growth "...

10 months ago - Yahoo Finance

Copart: Understanding The Reasons Behind Its Valuation

Copart has experienced significant growth in the last decade, with more than a 1000% increase in stock returns and a 300% expansion in topline. The company's moat, built through its online and physica...

10 months ago - Seeking Alpha

Midday Movers: Ross Stores and Copart Jump, Applied Materials and Alphabet Drop

U.S. equities were lower and little changed at midday but heading for a winning week, boosted by reports on slowing inflation, which could keep the Fed from raising interest rates further.

Other symbols: AMATGOOGGOOGLROST
10 months ago - Investopedia

Copart, Inc. (CPRT) Q1 2024 Earnings Call Transcript

Copart, Inc. (NASDAQ:CPRT) Q1 2024 Earnings Conference Call November 16, 2023 5:30 PM ET Company Participants Jeff Liaw - Co-Chief Executive Officer Leah Stearns - Chief Financial Officer Conference ...

10 months ago - Seeking Alpha

Copart Reports First Quarter Fiscal 2024 Financial Results

DALLAS--(BUSINESS WIRE)--Copart, Inc. (NASDAQ: CPRT) today reported financial results for the quarter ended October 31, 2023. For the three months ended October 31, 2023, revenue, gross profit, and ne...

10 months ago - Business Wire

Copart, Inc. to Release First Quarter Fiscal 2024 Results

DALLAS--(BUSINESS WIRE)--Copart, Inc. (NASDAQ: CPRT) announced today that it will release earnings for the first quarter of fiscal 2024 after 4:00 p.m. Eastern Time (3:00 p.m. Central) on Thursday, No...

11 months ago - Business Wire

Copart: High ROC Suggests A Quality Company, Questionable Entry Price

Copart is a high-quality compounder with a great management team. The founder is the board chairman, and the CEO has a great compensation plan. Copart has impressive revenue growth, high returns on ca...

11 months ago - Seeking Alpha

These Quality Stocks Are Becoming A Deal For Long-Term Investors - Copart (NASDAQ:CPRT)

The stock market indices have been declining since August, along with most stocks. The sell-off has been accelerating in the latter part of October.

Other symbols: CDNSEXLSGOOGGOOGL
11 months ago - Benzinga

Copart Announces Investment in Heavy Equipment Auction Company Purple Wave

DALLAS , Oct. 10, 2023 /PRNewswire/ -- Copart, Inc. (NASDAQ: CPRT) a global leader in online auto auctions, today announced a new strategic investment and partnership with Purple Wave, Inc., an online...

1 year ago - PRNewsWire