Copart Inc

Copart Inc Stock Forecast & Price Prediction

Live Copart Inc Stock (CPRT) Price
$61.52

11

Ratings

  • Buy 6
  • Hold 5
  • Sell 0
Disclaimer : Analyst ratings and price forecasts are sourced from Wall St analysts and other experts. These projections are speculative and do not guarantee future stock performance. This information is for educational purposes only and should not be construed as advice to buy or sell any security.

Stock Price

$61.52

P/E Ratio

43.02

Volume Traded Today

$3.8M

Dividend

Dividends not available for CPRT

52 Week High/low

64.38/46.21

Copart Inc Market Cap

$59.28B

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CPRT Summary

Based on ratings from 11 stock analysts, the Copart Inc stock price is expected to decrease by 1.76% in 12 months. This is calculated by using the average 12-month stock price forecast for Copart Inc. The lowest target is $51 and the highest is $66. Please note analyst price targets are not guaranteed and could be missed completely.

CPRT Analyst Ratings

About 11 Wall Street analysts have assigned CPRT 6 buy ratings, 5 hold ratings, and 0 sell ratings. This means that analysts expect Copart Inc to outperform the market. Keep in mind that these ratings are typically refreshed every quarter, underscoring the importance of conducting your own research on CPRT. Don't forget to include both technical and fundamental analysis, as well as staying informed on news that could influence these ratings, in your due diligence.

CPRT stock forecast by analyst

These are the latest 20 analyst ratings of CPRT.

Analyst/Firm

Rating

Price Target

Change

Date

Jash Patwa
JP Morgan

Neutral

$60

Maintains

Nov 19, 2024
Craig Kennison
Baird

Outperform

$56

Maintains

Sep 5, 2024
Jash Patwa
JP Morgan

Neutral

$52

Maintains

Apr 8, 2024
Jash Patwa
JP Morgan

Neutral

$48

Reinstates

Feb 27, 2024
Wesley Brooks
HSBC

Hold

$51

Initiates

Dec 4, 2023
Craig Kennison
Baird

Outperform

$48

Maintains

Sep 15, 2023

Argus Research

Buy

$53

Initiates

Sep 8, 2023
Daniel Imbro
Stephens & Co.

Overweight

$80

Reiterates

May 18, 2023
Craig Kennison
Baird

Outperform

$90

Maintains

May 18, 2023
John Healy
Northcoast Research

Neutral


Downgrade

May 1, 2023
Jonathan Elias
Guggenheim

Buy

$82

Maintains

Feb 22, 2023
Craig Kennison
Baird

Outperform

$78

Maintains

Feb 22, 2023
Daniel Imbro
Stephens & Co.

Overweight

$78

Reiterates

Feb 21, 2023
Daniel Imbro
Stephens & Co.

Overweight

$74

Maintains

Nov 18, 2022
Daniel Imbro
Stephens & Co.

Overweight

$145

Maintains

May 20, 2022
Stephanie Benjamin
Truist Securities

Buy

$145

Maintains

May 21, 2021
Daniel Imbro
Stephens & Co.

Overweight

$140

Upgrade

Feb 12, 2021

Northcoast Research

Buy


Upgrade

Feb 5, 2021

Truist Securities

Buy

$117

Maintains

Sep 4, 2020

Jefferies

Buy

$100

Maintains

May 22, 2020

CPRT Company Information

What They Do: Provides online vehicle auctions and remarketing services.

Business Model: The company operates an online auction platform that connects vehicle sellers with buyers, including insurance companies, banks, and individual consumers. It generates revenue by charging fees for auction services, membership tiers, and value-added services such as transportation, processing, and inspection.

Other Information: Copart serves a diverse geographical market including the U.S., Canada, Europe, and the Middle East. It has developed proprietary technologies like copart 360 for enhanced vehicle viewing, and IntelliSeller to support sellers in making informed auction decisions. The company also engages in partnerships with various platforms, expanding its reach in vehicle remarketing.
CPRT
Copart Inc (CPRT)

When did it IPO

1994

Staff Count

13,086

Country

United States

Sector/Industry

Industrials/Specialty Business Services

CEO

Mr. Jeffrey Liaw

Market Cap

$59.28B

Copart Inc (CPRT) Financial Data

In 2023, CPRT generated $3.87B in revenue, which was a increase of 10.53% from the previous year. This can be seen as a signal that CPRT's business is growing, and its share price could be worth more in the future. However, if the company grows faster (or slower) than expected, this could also have a major impact on the future share price.

Revenue From 2020

N/A

Revenue From 2021

$2.69B

0.00 %
From Previous Year

Revenue From 2022

$3.50B

30.02 %
From Previous Year

Revenue From 2023

$3.87B

10.53 %
From Previous Year
  • Revenue TTM $4.24B
  • Operating Margin TTM 33.6%
  • Gross profit TTM $1.91B
  • Return on assets TTM 13.0%
  • Return on equity TTM 20.1%
  • Profit Margin 32.2%
  • Book Value Per Share 7.81%
  • Market capitalisation $59.28B
  • Revenue for 2021 $2.69B
  • Revenue for 2022 $3.50B
  • Revenue for 2023 $3.87B
  • EPS this year (TTM) $1.43

Copart Inc (CPRT) Latest News

News Image

Thu, 05 Dec 2024

Sentiment - POSITIVE

Source - The Motley Fool

Summary - Copart's shares surged 23.2% in November, reflecting its status as a consistent performer in the stock market, with shareholders typically holding onto their investments.

Why It Matters - Copart's 23.2% share price increase highlights strong market confidence and consistent performance, indicating potential for continued growth and shareholder retention.

News Image

Wed, 27 Nov 2024

Sentiment - POSITIVE

Source - FXEmpire

Summary - Copart, Inc. (CPRT) shares have risen due to strong sales figures, indicating positive performance in the vehicle auction and remarketing sector.

Why It Matters - Rising shares of Copart indicate strong demand and financial health, potentially signaling growth opportunities and positive market sentiment for investors.

News Image

Tue, 26 Nov 2024

Sentiment - POSITIVE

Source - Forbes

Summary - Copart (NASDAQ: CPRT) stock rose 10% on November 22 following positive quarterly results.

Why It Matters - Copart's 10% stock increase signals strong market confidence following positive quarterly results, potentially attracting more investment and enhancing future growth prospects.

News Image

Mon, 25 Nov 2024

Sentiment - POSITIVE

Source - Zacks Investment Research

Summary - Copart, Inc. (CPRT) has reached a key support level, with its 50-day moving average surpassing the 200-day moving average, indicating a potential bullish trend.

Why It Matters - The golden cross indicates bullish momentum for Copart, suggesting potential price increases, which can attract investors seeking growth opportunities.

News Image

Tue, 26 Nov 2024

Sentiment - POSITIVE

Source - Seeking Alpha

Summary - Copart reported $1.15 billion in Q3 revenue, exceeding estimates by $46.9 million, with a 12% year-over-year growth. International revenue rose 30%, and gross profit up 44%.

Why It Matters - Copart's revenue beat and strong international growth signal robust demand and effective expansion strategies, enhancing its competitive edge in the used vehicle market.

News Image

Fri, 22 Nov 2024

Sentiment - NEUTRAL

Source - The Motley Fool

Summary - Copart's stock increased by 9% today, driven by positive market sentiment or company-specific news that has not been detailed in the excerpt.

Why It Matters - A 9% spike in Copart stock indicates strong investor confidence, possibly due to positive earnings, strong demand, or strategic developments, which can influence future stock performance.

...

CPRT Frequently asked questions

The highest forecasted price for CPRT is $66 from at .

The lowest forecasted price for CPRT is $51 from Wesley Brooks from HSBC

The CPRT analyst ratings consensus are 6 buy ratings, 5 hold ratings, and 0 sell ratings.