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Copart Inc Stock Research

CPRT

75.18USD+1.70(+2.31%)Market Closed

Market Summary

USD75.18+1.70
Market Closed
2.31%

CPRT Alerts

CPRT Stock Price

CPRT RSI Chart

CPRT Valuation

Market Cap

35.0B

Price/Earnings (Trailing)

32.37

Price/Sales (Trailing)

9.53

EV/EBITDA

21.86

Price/Free Cashflow

44.21

CPRT Price/Sales (Trailing)

CPRT Profitability

EBT Margin

37.11%

Return on Equity

20.75%

Return on Assets

18.24%

Free Cashflow Yield

2.26%

CPRT Fundamentals

CPRT Revenue

Revenue (TTM)

3.7B

Revenue Y/Y

10.29%

Revenue Q/Q

7.09%

CPRT Earnings

Earnings (TTM)

1.1B

Earnings Y/Y

2.18%

Earnings Q/Q

19.45%

Price Action

52 Week Range

51.1175.33
(Low)(High)

Last 7 days

4.2%

Last 30 days

4.3%

Last 90 days

20.7%

Trailing 12 Months

15.3%

CPRT Financial Health

Current Ratio

5.41

Debt/Equity

4e-4

Debt/Cashflow

589.03

CPRT Investor Care

Shares Dilution (1Y)

0.46%

Diluted EPS (TTM)

2.25

Peers (Alternatives to Copart)

View All Peers In Detail
NameMkt Capsorted ascendingRevenuePrice %, 1MReturns, 1YP/EP/SRev 1-YrInc 1-Yr
LARGE-CAP
65.9B
19.7B
7.86% 1.30%
29.44
3.34
9.85% 23.24%
47.5B
8.4B
6.65% 9.10%
36.95
5.67
12.71% 11.63%
42.7B
13.5B
4.59% 0.82%
28.69
3.16
19.62% 15.28%
35.0B
3.7B
4.29% 15.33%
32.37
9.53
16.24% -0.79%
18.3B
2.7B
5.68% 5.88%
49.7
6.8
11.20% 3.37%
MID-CAP
6.1B
1.7B
-9.48% -5.56%
19.21
3.54
17.56% 161.62%
5.3B
2.1B
-7.80% 0.87%
18.25
2.54
14.23% -0.68%
5.2B
1.5B
-1.61% -1.90%
28.86
3.39
9.13% 741.75%
3.2B
2.1B
-11.52% -4.73%
31.26
1.58
10.23% -27.47%
2.3B
733.8M
-10.15% 10.53%
19.57
3.07
18.97% 28.35%
SMALL-CAP
1.4B
1.5B
-7.07% -26.47%
6
0.95
-7.48% 262.71%
1.1B
1.8B
-6.60% 12.50%
-14.15
0.61
2.91% -409.61%
1.0B
1.7B
3.54% -21.79%
29.4
0.6
2.94% -24.49%
656.0M
3.5B
-13.13% -26.36%
17.76
0.19
-3.69% 2834.27%
3.7M
39.1M
-27.12% -70.68%
-2.28
0.09
1.41% 80.76%

Financials for Copart

Income Statement (Last 12 Months)
(In Millions)
* denotes actual numbers (not divided by Millions)
Description(%) Q/Q2023Q12022Q42022Q32022Q22022Q1
Revenue2.5%3,6733,5843,5013,3663,160
Operating Expenses-2,126----
  S&GA Expenses2.1%239234231230220
Costs and Expenses4.3%2,3202,2262,0901,875-
EBITDA4.0%1,5261,4671,4631,450-
EBITDA Margin1.5%0.42*0.41*0.42*0.43*-
Earnings Before Taxes2.6%1,3631,3281,3411,3371,290
EBT Margin0.1%0.37*0.37*0.38*0.40*-
Interest Expenses264.2%12.00-7.16-16.69-19.05-19.91
Net Income0.6%1,0821,0761,0901,0821,091
Net Income Margin-1.9%0.29*0.30*0.31*0.32*-
Free Cahsflow5.6%792750839759-
Balance Sheet
(In Millions)
Description(%) Q/Q2023Q12022Q42022Q32022Q22022Q1
Assets6.1%5,9325,5945,3095,4445,137
  Current Assets11.6%2,6392,3652,2022,4572,189
    Cash Equivalents7.9%1,6611,5391,3841,455972
  Inventory-3.3%52.0054.0059.0057.0053.00
  Net PPE2.9%2,6562,5822,4862,4032,376
  Goodwill2.3%404395402348353
Liabilities-3.0%7197416831,0911,047
  Current Liabilities-3.3%488504441449418
  Long Term Debt-2.00----
    LT Debt, Non Current-1.2%2.002.002.00403404
Shareholder's Equity7.4%5,2144,8534,6264,3534,090
  Retained Earnings7.0%4,4954,2023,9563,6943,415
  Additional Paid-In Capital3.0%875850839812798
Shares Outstanding0.1%477476476475474
Cashflow (Last 12 Months)
(In Millions)
Description(%) Q/Q2023Q12022Q42022Q32022Q22022Q1
Cashflow From Operations4.6%1,2301,1761,1771,0931,044
  Share Based Compensation1.2%40.0040.0039.0043.0042.00
Cashflow From Investing70.9%-154-530-442-559-712
Cashflow From Financing0.9%-383-387-38228.0030.00

Risks for CPRT

What is the probability of a big loss on CPRT?

57.7%


Probability that Copart stock will be more than 20% underwater in next one year

43.9%


Probability that Copart stock will be more than 30% underwater in next one year.

18.1%


Probability that Copart stock will be more than 40% underwater in next one year.
*Calculated based on probability distribution of losses observed in actual data in the last 5 years.

How does CPRT drawdown profile look like?

Y-axis is the maximum loss one would have experienced if Copart was unfortunately bought at previous high price.

Drawdowns

Returns for CPRT

Cumulative Returns on CPRT

24.1%


10-Year Cumulative Returns

32.6%


7-Year Cumulative Returns

23.6%


5-Year Cumulative Returns

26.9%


3-Year Cumulative Returns

What are the long-term rolling returns for CPRT?

FIve years rolling returns for Copart.

Annualized Returns

Which funds bought or sold CPRT recently?

View All Details
Datesorted ascendingFund NameType% Chg$ Change$ Held% Portfolio
2023-03-23
MetLife Investment Management, LLC
reduced
-1.81
864,314
7,844,150
0.06%
2023-03-23
ETF MANAGERS GROUP, LLC
added
176
1,260,250
1,841,250
0.09%
2023-03-17
American Portfolios Advisors
added
2.28
847
543,278
0.02%
2023-03-15
B. Riley Wealth Advisors, Inc.
reduced
-3.99
74,237
837,237
0.02%
2023-03-10
VICTORY CAPITAL MANAGEMENT INC
added
29.8
9,007,860
27,556,900
0.03%
2023-03-08
Capital Asset Advisory Services LLC
reduced
-56.98
-238,845
280,155
0.02%
2023-03-08
SHEETS SMITH WEALTH MANAGEMENT
reduced
-1.61
1,200,280
10,711,300
1.68%
2023-03-06
Rockefeller Capital Management L.P.
reduced
-4.32
204,000
2,346,000
0.01%
2023-03-03
TIAA, FSB
reduced
-7.84
38,223
743,223
-%
2023-03-01
Regal Investment Advisors LLC
added
3.68
62,865
399,865
0.04%

1–10 of 47

Latest Funds Activity

Are funds buying CPRT calls or puts?
Calls
Puts
Are funds bullish or bearish(Calls - Puts)?
Net Call Options
No. of funds that own CPRT
No. of Funds

Copart News

Best Stocks

Investing in Copart A Lucrative Opportunity.

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3 hours ago

Marketscreener.com

Momentum Picks Q2 2023 : 5 stocks for spring.

Marketscreener.com,
11 hours ago

Investor's Business Daily

Stock Traders Daily

Schedule 13G FIlings of Copart

Date FiledName of FilerPercent of ClassNo. of SharesForm Type
Mar 01, 2023
copart inc
6.01%
28,678,168
SC 13G/A
Feb 09, 2023
vanguard group inc
10.08%
48,003,424
SC 13G/A
Feb 03, 2023
blackrock inc.
8.1%
38,372,242
SC 13G/A
Feb 15, 2022
copart inc
6.50%
10
SC 13G/A
Feb 09, 2022
vanguard group inc
9.57%
22,698,015
SC 13G/A
Feb 01, 2022
blackrock inc.
8.2%
19,448,565
SC 13G/A
Feb 16, 2021
johnson willis j
7.23%
17,066,362
SC 13G/A
Feb 10, 2021
vanguard group inc
9.49%
22,405,689
SC 13G/A
Jan 29, 2021
blackrock inc.
8.6%
20,382,068
SC 13G/A
Feb 14, 2020
copart inc
8.40%
19,562,344
SC 13G/A

CPRT Fair Value

Copart fair value in different scenarios

The table shows the Fair Value estimates for Copart for various scenarios. Disclaimer: These are just estimations from a model. None of the models are good at predicting the future. Please dont buy or sell stocks based on these outputs.
Fair ValueVery PessimisticPessimisticBase CaseOptimisticVery Optimistic
Very Low Inflation

53.29

-29.12%

70.89

-5.71%

98.17

30.58%

127.73

69.90%

161.00

114.15%
Current Inflation

48.69

-35.24%

63.68

-15.30%

86.46

15.00%

111.16

47.86%

138.94

84.81%
Very High Inflation

43.04

-42.75%

55.03

-26.80%

72.74

-3.25%

91.99

22.36%

113.65

51.17%

Historical Copart Fair Value Estimates


Very Pessimistic Case
Pessimistic Case
Fair Value
Optimistic Case
Very Optimistic Case
Closing Stock Price

Recent SEC filings of Copart

View All Filings
Date Filed Form Type Document
Mar 01, 2023
SC 13G/A
Major Ownership Report
Mar 01, 2023
4
Insider Trading
Feb 24, 2023
4
Insider Trading
Feb 24, 2023
10-Q
Quarterly Report
Feb 21, 2023
8-K
Current Report
Feb 09, 2023
SC 13G/A
Major Ownership Report
Feb 03, 2023
SC 13G/A
Major Ownership Report

Latest Insider Trading transactions for CPRT

Filter Transactions
Datesorted ascendingNameBuy/Sell$ ValueAvg. Price# SharesTitle
2023-02-27
JOHNSON WILLIS J
gifted
-
-
-35,640
chairman of the board
2023-02-22
Blunt Matt
acquired
708,000
23.6
30,000
-
2023-02-22
Blunt Matt
sold
-2,080,800
69.36
-30,000
-
2022-11-02
ADAIR A JAYSON
gifted
-
-
-1,640
co-chief executive officer
2022-06-06
Blunt Matt
sold
-1,157,200
115
-10,000
-
2022-06-06
Blunt Matt
acquired
471,900
47.19
10,000
-
2022-05-31
TRYFOROS THOMAS N
sold
-1,261,890
114
-11,000
-
2022-05-31
TRYFOROS THOMAS N
acquired
137,280
12.48
11,000
-
2022-05-25
Englander Daniel J
sold
-8,862,400
110
-80,000
-
2022-05-25
Englander Daniel J
acquired
1,200,800
15.01
80,000
-

1–10 of 50

Aaron J. Adair
8600
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, virtual insured exchange, transportation, vehicle inspection stations, on-demand reporting, title processing and procurement, loan payoff, flexible vehicle processing programs, buy it now, member network, sales process, and dealer services. Its services also comprise services to sell vehicles through CashForCars.com; U-Pull-It service that allows buyer to remove valuable parts and sell the remaining parts and car body; copart 360, an online technology for posting vehicle images; membership tiers for those registering to buy vehicles through Copart.com; and virtual queue to secure a place in line while visiting one of its locations. The company sells its products principally to licensed vehicle dismantlers, rebuilders, repair licensees, used vehicle dealers, and exporters, as well as to the public. The company was incorporated in 1982 and is headquartered in Dallas, Texas.

CPRT Income Statement

2023-01-31
Consolidated Statements of Income (Unaudited) - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended6 Months Ended
Jan. 31, 2023
Jan. 31, 2022
Jan. 31, 2023
Jan. 31, 2022
Service revenues and vehicle sales$ 956,724$ 867,460$ 1,850,096$ 1,677,592
Operating expenses:    
Yard operations375,497323,814748,274622,508
Cost of vehicle sales154,727140,304305,839266,712
General and administrative60,97556,014118,955110,923
Total operating expenses591,199520,1321,173,0681,000,143
Operating income365,525347,328677,028677,449
Other expense:    
Interest income (expense), net14,480(4,433)18,902(9,540)
Other expense, net(2,902)(840)(5,724)(28)
Total other income (expense)11,578(5,273)13,178(9,568)
Income before income taxes377,103342,055690,206667,881
Income tax expense83,42654,643150,681120,106
Net income$ 293,677$ 287,412$ 539,525$ 547,775
Basic net income per common share (in dollars per share)$ 0.62$ 0.61$ 1.13$ 1.15
Weighted average common shares outstanding (in shares)476,376474,372476,237474,334
Diluted net income per common share (in dollars per share)$ 0.61$ 0.60$ 1.12$ 1.14
Diluted weighted average common shares outstanding (in shares)482,536482,374482,238482,488
Service revenues    
Service revenues and vehicle sales$ 789,797$ 711,090$ 1,516,637$ 1,378,908
Vehicle sales    
Service revenues and vehicle sales$ 166,927$ 156,370$ 333,459$ 298,684

CPRT Balance Sheet

2023-01-31
Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Thousands
Jan. 31, 2023
Jul. 31, 2022
Current assets:  
Cash, cash equivalents, and restricted cash$ 1,660,952$ 1,384,236
Accounts receivable, net765,192578,573
Vehicle pooling costs133,598112,242
Inventories52,07158,791
Income taxes receivable43649,882
Prepaid expenses and other assets26,53218,731
Total current assets2,638,7812,202,455
Property and equipment, net2,656,2732,485,764
Operating lease right-of-use assets106,656116,303
Intangibles, net51,18654,680
Goodwill404,046401,954
Other assets75,46647,708
Total assets5,932,4085,308,864
Current liabilities:  
Accounts payable and accrued liabilities439,271399,034
Deferred revenue23,79620,061
Income taxes payable3,8200
Current portion of operating and finance lease liabilities20,73621,794
Total current liabilities487,623440,889
Deferred income taxes76,47180,060
Income taxes payable65,32264,637
Operating and finance lease liabilities, net of current portion87,39495,683
Long-term debt and other liabilities1,9461,996
Total liabilities718,756683,265
Commitments and contingencies
Stockholders’ equity:  
Preferred stock: $0.0001 par value - 5,000,000 shares authorized; none issued00
Common stock: $0.0001 par value - 1,600,000,000 shares authorized; 476,564,148 and 476,081,948 shares issued and outstanding, respectively.4848
Additional paid-in capital875,009838,508
Accumulated other comprehensive loss(156,507)(169,365)
Retained earnings4,495,1023,956,408
Total stockholders’ equity5,213,6524,625,599
Total liabilities and stockholders’ equity$ 5,932,408$ 5,308,864