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Copart (CPRT) earnings: expect 13% revenue growth

Carla Olson | 12:36 pm ET, 17 May 2019

Copart (CPRT) is announcing earnings on May 22. We combed through analyst estimates to understand what the company revenue and earnings are predicted to look like.

What should you expect from the upcoming earnings?

Revenue for the next quarter is expected to be $538M, which implies a 13% growth rate year-over-year.

Earnings per share are expected to come in at $0.61. If this materializes, EPS will grow 17% year-over-year.

How did the stock do last month?

Over the last month, Copart (CPRT) returned +4.05%.

How is the stock valued?

Copart (CPRT) forward P/E ratio is 26.86, and it’s high compared to its industry peers’ P/E ratios.

What do analysts say about the stock?

Copart (CPRT) average analyst price target is -7.63% below its current price ($65.80).

For the latest price and information on Copart, please visit Finstead and ask for "CPRT", "CPRT analysis" or "CPRT news".

Disclaimer: The news article above expresses the author’s opinion about the topic of the article. We strongly advise you not to base your investment decisions just on this article alone. If you’d like to become a writer for AskFinny Bites, please send us an email at hi@askfinny.com.


Copart (CPRT) stock price: is Hurricane Harvey to blame?

Carla Olson | 1:06 pm ET, 19 Sep 2018

Copart, Inc. (CPRT) shares are trading at $54.65, down 15%. The operating results for the fiscal Q4 reported earlier today were adversely affected by abnormal costs of $79.7M, incurred as a result of Hurricane Harvey.  What should investors know about Copart? What's CPRT stock price forecast?

Copart is a leading online vehicle auction company. The stock price has almost doubled in the past year. The company is expanding globally: currently, it has operations in 11 countries and members in over 170 countries. The stock was recently added to the S&P 500 index.

Copart reported Q4 revenue growth of 18.7% year-on-year to $449.2M of which Service revenues were $391.7M (+16.3% year-on-year) and Vehicle sales of $57.6M (+37.8% year-on-year).  The analysts expect the company to earn $0.48 on revenue of $443.32 million. 

Q4 margins declined precipitously: gross declined 230 bps to 41.9%, while the adjusted net margin declined 848 bps to 53.8%. The company beat analyst estimates in the previous three quarters.

Bullish investors love the stock because of strong revenue growth. On the other hand, certain investors feel that the stock is overvalued now.

What is the sentiment towards the CPRT stock? Our technical analysis shows that:

  • The stock short-term sentiment (next 30 days) is trending positive;
  • The mid-term sentiment (3-6 months) is trending positive;
  • The long-term sentiment (9-12 months) is positive. 

Over the last month, Copart, Inc. (CPRT) returned +9.43%.

Copart, Inc. (CPRT) forward P/E ratio is 30.23, and it’s high compared to its industry peers’ P/E ratios.

Copart, Inc. (CPRT) average analyst price target ($56.13) is -14.84% below its current price ($65.91).

For the latest price and information on Copart, Inc., please visit Finstead and search for "CPRT price" or "CPRT news".

Disclaimer: The news article above expresses the author’s opinion about the topic of the article. We strongly advise you not to base your investment decisions just on this article alone. If you’d like to become a writer for AskFinny Bites, please send us an email at hi@askfinny.com.


Copart, Inc. (CPRT) Buy or Sell Stock Guide

Updated at: 4:06 am ET, 12 Oct 2019

Are you looking for the analysis of Copart, Inc. (CPRT) stock? Are you wondering what the bulls and the bears say about it?

If so, you came to the right place. In this stock guide, we will share with you 3 reasons to buy and 6 reasons to sell CPRT stock. You’ll get a perspective on what the bulls and the bears say about it.

The analysis below may be also helpful to you if you have any of the following questions about CPRT stock:

  • Is CPRT a buy or a sell?
  • Should I sell or hold CPRT stock today?
  • Is CPRT a good buy / investment?
  • What are CPRT analyst opinions, recommendations and ratings?

Let’s start with the bull case. Here are the reasons to buy CPRT stock:

1. CPRT quarterly revenue growth was 20.80%, higher than the industry and sector average revenue growth (4.30% and 2.78%, respectively). See CPRT revenue growth chart.

2. CPRT PEG ratio (P/E adjusted for growth) is 1.36, and it’s low compared to its industry peers’ PEG ratios. See CPRT PEG chart.

3. CPRT average analyst rating is Buy. See CPRT analyst rating chart.

Now that you understand the bull case, let’s look at the reasons to sell CPRT stock (i.e., the bear case):

1. CPRT stock price ($81.37) is close to the 52-week high ($83.44). Perhaps now is a good time to sell? See CPRT price chart.

2. CPRT profitability is declining. The YoY profit margin change was -4.08 percentage points. See CPRT profitability chart.

3. CPRT forward P/E ratio is 26.09, and it’s high compared to its industry peers’ P/E ratios. See CPRT forward P/E ratio chart.

4. CPRT Price/Book ratio is 9.91, and it’s high compared to its industry peers’ P/B ratios. See CPRT forward Price/Book ratio chart.

5. CPRT Price/Sales ratio is 8.72, and it’s high compared to its industry peers’ P/S ratios. See CPRT forward Price/Sales ratio chart.

6. CPRT short interest (days to cover the shorts) ratio is 3.76. The stock garners more short interest than the average industry, sector or S&P 500 stock. See CPRT short interest ratio chart.

Now let's look at the key statistics for CPRT:

Metrics CPRT
Price $82.30
Average Price Target / Upside $84.75 / 2.98%
Average Analyst Rating Hold
Industry Auto & Truck Dealerships
Sector Consumer Cyclical
Number of Employees 6,026
Market Cap $18.97B
Forward P/E Ratio 27.78
Price/Book Ratio 9.29
PEG 1.37
Revenue (TTM) $2.04B
YoY Quarterly Revenue Growth 20.8%
Profit Margin 28.98%

What are your thoughts on CPRT?

If you liked this analysis, check out Buy or Sell Stock Guides for other stocks.

Disclaimer: The news article above expresses the author’s opinion about the topic of the article. We strongly advise you not to base your investment decisions just on this article alone. If you’d like to become a writer for AskFinny Bites, please send us an email at hi@askfinny.com.


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