Copart, Inc. (CPRT)
- Previous Close
52.30 - Open
52.42 - Bid 51.00 x 100
- Ask 56.32 x 200
- Day's Range
51.46 - 52.42 - 52 Week Range
45.50 - 58.58 - Volume
3,178,412 - Avg. Volume
4,336,770 - Market Cap (intraday)
50.404B - Beta (5Y Monthly) 1.27
- PE Ratio (TTM)
36.76 - EPS (TTM)
1.40 - Earnings Date Nov 14, 2024 - Nov 18, 2024
- Forward Dividend & Yield --
- Ex-Dividend Date --
- 1y Target Est
57.19
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 company's services include online seller access, salvage estimation, estimating, end-of-life vehicle processing, transportation, vehicle inspection stations, on-demand reporting, title processing and express, loan payoff, flexible vehicle processing programs, buy it now, sales process, and dealer services. Its services also comprise services to sell vehicles through BluCar, CashForCars.com, CashForCars.ca, CashForCars.de, CashForCars.co.uk, and Cash-for-cars.ie; Copart Recycling service, which allows the public to purchase parts from salvaged and end-of-life vehicles; copart 360, a proprietary technology that captures clear 360-degree views of interiors and exteriors of cars, trucks, and vans; and membership tiers for those registering to buy vehicles through Copart.com. In addition, it provides IntelliSeller, an automated tool leveraging its vast and detailed vehicle and sales data to assist its sellers in making vital auction decisions; Purple Wave Inc., that offers wholesale construction, agriculture, and fleet remarketing services through no-reserve online auctions; non-salvage powersport vehicle remarketing services through live and online auction platforms. The company sells its products principally to licensed vehicle dismantlers, rebuilders, repair licensees, used vehicle dealers, and exporters, as well as to the public. Copart, Inc. was incorporated in 1982 and is headquartered in Dallas, Texas.
www.copart.com13,086
Full Time Employees
July 31
Fiscal Year Ends
Sector
Industry
Recent News: CPRT
View MorePerformance Overview: CPRT
Trailing total returns as of 10/31/2024, which may include dividends or other distributions. Benchmark is
.YTD Return
1-Year Return
3-Year Return
5-Year Return
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Statistics: CPRT
View MoreValuation Measures
Market Cap
49.58B
Enterprise Value
46.28B
Trailing P/E
36.76
Forward P/E
30.96
PEG Ratio (5yr expected)
2.84
Price/Sales (ttm)
11.84
Price/Book (mrq)
6.59
Enterprise Value/Revenue
10.92
Enterprise Value/EBITDA
26.26
Financial Highlights
Profitability and Income Statement
Profit Margin
32.17%
Return on Assets (ttm)
12.97%
Return on Equity (ttm)
20.13%
Revenue (ttm)
4.24B
Net Income Avi to Common (ttm)
1.36B
Diluted EPS (ttm)
1.40
Balance Sheet and Cash Flow
Total Cash (mrq)
3.42B
Total Debt/Equity (mrq)
1.57%
Levered Free Cash Flow (ttm)
736.32M
Research Analysis: CPRT
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Research Reports: CPRT
View MoreCopart's Size in Salvage Auctions Looks Tough to Beat
Based in Dallas, Copart operates an online salvage vehicle auction with operations in 11 countries across North America, Europe, and the Middle East, facilitating over 3.5 million transactions annually. The company utilizes its virtual bidding platform, VB3, to connect vehicle sellers with over 750,000 registered buyers around the world. Buyers primarily consist of vehicle dismantlers, rebuilders, individuals and used vehicle retailers. About 80% of Copart’s vehicle volume is supplied by auto insurance companies holding vehicles deemed a total loss. Copart also offers services such as vehicle transportation, storage, title transfer, and salvage value estimation. The company primarily operates on a consignment basis and collects fees based on the vehicle’s final selling price.
RatingPrice TargetSelloff creates buying opportunity
Copart Inc. is a provider of online vehicle auctions, specializing in the sale of used vehicles. The Copart auction platform enables members to find, bid on, and purchase used cars, as well as trucks, motorcycles, and boats. Copart sells more than 2 million vehicles per year and has more than 750,000 members. Buyers include vehicle rebuilders/dismantlers, repair licensees, used vehicle dealers, exporters, and individual consumers. Sellers are primarily insurance companies but also include banks, finance companies, charities, fleet operators, dealers, rental companies, and consumers. Most of the vehicles sold are either damaged or considered totaled; are considered too expensive to repair by insurance companies; or are recovered stolen vehicles for which an insurer has already paid the policyholder.
RatingPrice TargetStocks are generally lower. There is a hyper-focus on the labor market this
Stocks are generally lower. There is a hyper-focus on the labor market this week, especially ahead of the Fed's rate meeting mid-month. The big question is whether the labor market is weaker than originally thought. Fresh data came in this morning. First, this morning, private payrolls data came in weaker than expected. The ADP Employment report printed at 99,000 new jobs for August, much lower than the 140,000 expected. Second, Weekly Jobless Claims came in 227,000 for the week ending August 31, about even with the 225,000 expected. Tomorrow, the Labor Department will deliver its Jobs report for August.
Copart Earnings: Expense Pressures Lead to a Soft End to the Year
Based in Dallas, Copart operates an online salvage vehicle auction with operations in 11 countries across North America, Europe, and the Middle East, facilitating over 3.5 million transactions annually. The company utilizes its virtual bidding platform, VB3, to connect vehicle sellers with over 750,000 registered buyers around the world. Buyers primarily consist of vehicle dismantlers, rebuilders, individuals and used vehicle retailers. About 80% of Copart’s vehicle volume is supplied by auto insurance companies holding vehicles deemed a total loss. Copart also offers services such as vehicle transportation, storage, title transfer, and salvage value estimation. The company primarily operates on a consignment basis and collects fees based on the vehicle’s final selling price.
RatingPrice Target