Copart, Inc. (CPRT)
NASDAQ: CPRT · IEX Real-Time Price · USD
51.71
+0.06 (0.12%)
At close: Jul 19, 2024, 4:00 PM
51.75
+0.04 (0.08%)
Pre-market: Jul 22, 2024, 4:01 AM EDT
Copart Stock Forecast
Stock Price Forecast
The 3 analysts with 12-month price forecasts for Copart stock have an average target of 50.33, with a low estimate of 48 and a high estimate of 52. The average target predicts a decrease of -2.67% from the current stock price of 51.71.
Analyst Consensus: Hold
* Price targets were last updated on Apr 8, 2024.
Analyst Ratings
The average analyst rating for Copart stock from 3 stock analysts is "Hold". This means that analysts believe this stock is likely to perform similarly to the overall market.
Recommendation Trends
| Rating | Feb '24 | Mar '24 | Apr '24 | May '24 | Jun '24 | Jul '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 0 | 0 | 0 | 0 | 0 | 0 |
| Buy | 2 | 2 | 2 | 2 | 2 | 1 |
| Hold | 3 | 3 | 3 | 3 | 3 | 2 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 5 | 5 | 5 | 5 | 5 | 3 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| JP Morgan | JP Morgan | Hold Maintains $48 → $52 | Hold | Maintains | $48 → $52 | +0.56% | Apr 8, 2024 |
| JP Morgan | JP Morgan | Hold Initiates $48 | Hold | Initiates | $48 | -7.17% | Feb 27, 2024 |
| HSBC | HSBC | Hold Initiates $51 | Hold | Initiates | $51 | -1.37% | Dec 4, 2023 |
| Baird | Baird | Buy Maintains $45 → $48 | Buy | Maintains | $45 → $48 | -7.17% | Sep 15, 2023 |
| Stephens & Co. | Stephens & Co. | Buy Reiterates $40 | Buy | Reiterates | $40 | -22.65% | May 18, 2023 |
Financial Forecast
Revenue This Year
4.35B
from 3.87B
Increased by 12.29%
Revenue Next Year
4.78B
from 4.35B
Increased by 10.08%
EPS This Year
1.47
from 1.28
Increased by 15.20%
EPS Next Year
1.67
from 1.47
Increased by 12.93%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|---|
| High | 4.5B | 5.1B | 5.5B | 6.3B | 6.8B | 7.4B |
| Avg | 4.3B | 4.8B | 5.2B | 6.1B | 6.6B | 7.2B |
| Low | 4.2B | 4.5B | 5.0B | 5.8B | 6.3B | 6.9B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|---|
| High | 16.8% | 16.6% | 15.5% | 19.5% | 11.6% | 12.7% |
| Avg | 12.3% | 10.1% | 9.7% | 16.1% | 8.4% | 9.5% |
| Low | 7.3% | 2.8% | 3.8% | 11.5% | 4.1% | 5.2% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 1.56 | 1.82 | 2.07 | 1.99 | 2.26 |
| Avg | 1.47 | 1.67 | 1.84 | 1.94 | 2.19 |
| Low | 1.40 | 1.52 | 1.62 | 1.86 | 2.11 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 22.1% | 23.2% | 24.2% | 8.5% | 16.5% |
| Avg | 15.2% | 12.9% | 10.4% | 5.4% | 13.2% |
| Low | 9.5% | 3.0% | -2.9% | 1.3% | 8.7% |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.