Copart Inc Stock Today

CPRT Stock  USD 57.92  0.68  1.19%   

Performance

16 of 100

 
Low
 
High
Solid

Odds Of Distress

Less than 5

 
100  
 
Zero
Very Low
Copart is selling for under 57.92 as of the 28th of March 2024; that is 1.19 percent increase since the beginning of the trading day. The stock's last reported lowest price was 57.44. Copart has under 5 % chance of experiencing financial distress over the next 2 years and had a solid performance during the last 90 days. Equity ratings for Copart Inc are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 27th of February 2024 and ending today, the 28th of March 2024. Click here to learn more.
Business Domain
Commercial & Professional Services
IPO Date
16th of March 1994
Category
Industrials
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. Copart, Inc. was incorporated in 1982 and is headquartered in Dallas, Texas. The company has 961.46 M outstanding shares of which 13.18 M shares are currently shorted by private and institutional investors with about 1.78 trading days to cover. More on Copart Inc

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Copart Stock Highlights

Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Copart's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Copart or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
ESG Sustainability
Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary, Copart's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Copart's managers, analysts, and investors.
Environment Score
Governance Score
Social Score
CEO and DirectorJayson Adair
Business ConcentrationCommercial Services & Supplies, Commercial & Professional Services, Industrials, SP 500 Index, Nasdaq 100, NASDAQ 100 Pre, NASDAQ Composite, NASDAQ Composite Total, Industrials, Commercial Services & Supplies, Auto & Truck Dealerships, Consumer Cyclical (View all Sectors)
Average Analyst Recommendation
Analysts covering Copart report their recommendations after researching Copart's financial statements, talking to executives and customers, or listening in on Copart's conference calls. The current trade recommendation is based on an ongoing consensus estimate among financial analysts covering Copart Inc. The Copart consensus assessment is calculated by taking the average forecast from all of the analysts covering Copart.
Financial Strength
Based on the key indicators related to Copart's liquidity, profitability, solvency, and operating efficiency, Copart Inc may be sliding down financialy. It has an above-average probability of going through some form of financial hardship next quarter. Financial strength of Copart Inc is based on its profitability, leverage, liquidity, source of funds, and operating efficiency.
Current ValueLast YearChange From Last Year 10 Year Trend
Return On Assets0.10.17
Way Down
Slightly volatile
Asset Turnover0.540.52
Sufficiently Up
Pretty Stable
Gross Profit Margin0.340.4
Fairly Down
Pretty Stable
Total Current Liabilities595 M566.7 M
Sufficiently Up
Slightly volatile
Non Current Liabilities Total221.1 M296.3 M
Way Down
Very volatile
Total Assets8.1 B7.7 B
Sufficiently Up
Slightly volatile
Total Current Assets3.9 B3.8 B
Sufficiently Up
Slightly volatile
Total Cash From Operating Activities1.6 B1.6 B
Sufficiently Up
Slightly volatile
Copart's financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to Copart's success, along with its ability to generate sufficient cash flow to pay bills, repay debt, and make a consistent year-to-year profit.
Financial leverage usually refers to the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Copart's financial leverage. It provides some insight into what part of Copart's total assets is financed by creditors.
By using current balance sheet information, investors can analyze the liability, assets, and equity on Copart's books and decide whether to invest or hold. Statistics such as return on equity (ROE), debt to equity (D/E) help investors determine how Copart deploys its capital and how much of that capital is borrowed.
Liquidity
Copart cash flow analysis is essential to understand how it generates and spends money over a specific period. It can also help you figure out where your money is going and how much cash you have available at a given moment. The company currently holds 120.45 M in liabilities with Debt to Equity (D/E) ratio of 0.02, which may suggest the company is not taking enough advantage from borrowing. Copart Inc has a current ratio of 4.6, suggesting that it is liquid enough and is able to pay its financial obligations when due. Debt can assist Copart until it has trouble settling it off, either with new capital or with free cash flow. So, Copart's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Copart Inc sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Copart to invest in growth at high rates of return. When we think about Copart's use of debt, we should always consider it together with cash and equity.

Capital Expenditures

623.84 Million
Copart Inc (CPRT) is traded on NASDAQ Exchange in USA. It is located in 14185 Dallas Parkway, Dallas, TX, United States, 75254 and employs 12,000 people. Copart is listed under Commercial Services & Supplies category by Fama And French industry classification. The company currently falls under 'Large-Cap' category with a current market capitalization of 55.01 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Copart's market, we take the total number of its shares issued and multiply it by Copart's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. Copart Inc conducts business under Commercial Services & Supplies sector and is part of Industrials industry. The entity has 961.46 M outstanding shares of which 13.18 M shares are currently shorted by private and institutional investors with about 1.78 trading days to cover. Copart Inc currently holds about 1.54 B in cash with 1.36 B of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 3.23.
Check Copart Probability Of Bankruptcy
Ownership Allocation
Copart holds a total of 961.46 Million outstanding shares. The majority of Copart Inc outstanding shares are owned by other corporate entities. These outside corporations are usually referred to as non-private investors looking to acquire positions in Copart Inc to benefit from reduced commissions. Consequently, institutional investors are subject to a different set of regulations than regular investors in Copart. Please pay attention to any change in the institutional holdings of Copart Inc as this could imply that something significant has changed or is about to change at the company. Please note that no matter how many assets the company secures, if the real value of the firm is less than the current market value, you may not be able to make money on it.
Check Copart Ownership Details

Copart Stock Price Odds Analysis

Attributed to a normal probability distribution, the odds of Copart jumping above the current price in 90 days from now is roughly 2.17%. The Copart Inc probability density function shows the probability of Copart stock to fall within a particular range of prices over 90 days. Given the investment horizon of 90 days the stock has a beta coefficient of 1.0798 suggesting Copart Inc market returns are related to returns on the market. As the market goes up or down, Copart is expected to follow. Additionally, copart Inc has an alpha of 0.1167, implying that it can generate a 0.12 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta).
  Odds Below 57.92HorizonTargetOdds Above 57.92
97.81%90 days
 57.92 
2.17%
Based on a normal probability distribution, the odds of Copart to move above the current price in 90 days from now is roughly 2.17 (This Copart Inc probability density function shows the probability of Copart Stock to fall within a particular range of prices over 90 days) .

Copart Stock Institutional Holders

Institutional Holdings refers to the ownership stake in Copart that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Copart's outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing Copart's value.
InstituionRecorded OnShares
Amvescap Plc.2023-12-31
12.6 M
Goldman Sachs Group Inc2023-12-31
11.6 M
Morgan Stanley - Brokerage Accounts2023-12-31
9.6 M
Norges Bank2023-12-31
9.5 M
Northern Trust Corp2023-12-31
8.4 M
Massachusetts Financial Services Company2023-12-31
8.2 M
Bank Of New York Mellon Corp2023-12-31
6.9 M
Bessemer Group Inc2023-12-31
6.6 M
Legal & General Group Plc2023-12-31
6.4 M
Vanguard Group Inc2023-12-31
99.1 M
Blackrock Inc2023-12-31
78.7 M
View Copart Diagnostics

Copart Historical Income Statement

Copart Inc Income Statement is one of the three primary financial statements used for reporting Copart's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of Copart Inc revenue and expense. Copart Income Statement primarily focuses on the company's revenues and expenses during a particular period.
At this time, Copart's Cost Of Revenue is comparatively stable compared to the past year. Total Operating Expenses is likely to gain to about 302.4 M in 2024, whereas Reconciled Depreciation is likely to drop slightly above 117.5 M in 2024. View More Fundamentals

Copart Stock Against Markets

Picking the right benchmark for Copart stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Copart stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Copart is critical whether you are bullish or bearish towards Copart Inc at a given time. Please also check how Copart's historical prices are related to one of the top price index indicators.

Be your own money manager

Our tools can tell you how much better you can do entering a position in Copart without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.

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Copart Corporate Directors

Copart corporate directors refer to members of a Copart board of directors. The board of directors generally takes responsibility for the Copart's affairs and long-term direction of the entity. A corporate director does not make decisions for the corporation on his own. As a member of the board of directors, she or he must function as a part of a group that makes decisions on behalf of the business only by the board of directors' meetings. To pass a resolution, a majority of Copart's board members must vote for the resolution. The Copart board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.
Vincent MitzPres and DirectorProfile
James MeeksIndependent DirectorProfile
Steven CohanIndependent DirectorProfile
Diane MorefieldDirectorProfile

How to buy Copart Stock?

Before investing in Copart, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in Copart. To buy Copart stock, you can follow these steps:
  • Choose a brokerage firm: You need to select a brokerage firm to buy shares of Copart. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
  • Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
  • Fund your account: You will need to deposit funds into your brokerage account to purchase Copart stock. You can do this by transferring funds from your bank account or other investment accounts.
  • Place your order: Once you have located Copart Inc stock in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
  • Monitor your investment: After you have purchased Copart Inc stock, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the stock
It's important to note that investing in stocks, such as Copart Inc, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in stock prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. For more information on how to buy Copart Stock please use our How to Invest in Copart guide.

Already Invested in Copart Inc?

The danger of trading Copart Inc is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Copart is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Copart. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Copart Inc is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
When determining whether Copart Inc is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if Copart Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Copart Inc Stock. Highlighted below are key reports to facilitate an investment decision about Copart Inc Stock:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Copart Inc. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in metropolitan statistical area.
You can also try the CEOs Directory module to screen CEOs from public companies around the world.

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When running Copart's price analysis, check to measure Copart's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Copart is operating at the current time. Most of Copart's value examination focuses on studying past and present price action to predict the probability of Copart's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Copart's price. Additionally, you may evaluate how the addition of Copart to your portfolios can decrease your overall portfolio volatility.
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Is Copart's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Copart. If investors know Copart will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Copart listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.1
Earnings Share
1.4
Revenue Per Share
4.242
Quarterly Revenue Growth
0.066
Return On Assets
0.1465
The market value of Copart Inc is measured differently than its book value, which is the value of Copart that is recorded on the company's balance sheet. Investors also form their own opinion of Copart's value that differs from its market value or its book value, called intrinsic value, which is Copart's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Copart's market value can be influenced by many factors that don't directly affect Copart's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Copart's value and its price as these two are different measures arrived at by different means. Investors typically determine if Copart is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Copart's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.