Copart stock: buy or sell?

CPRT stock price: $77.47 -0.04% At close on July 16th, 2019

Updated on:
July 16th, 2019

4

After climbing for 4 sessions, Tuesday Copart remained constant a tight -0.04%, closing at $77.47.

Copart, Inc. provides online auctions and vehicle remarketing services. 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, and fleet operators and dealers, as well as for individual owners.

Should I buy Copart stock?

You can't be a successful trader if you don't follow a methodolgy or system that assist you in choosing companies and the correct market timing. Having a trading plan helps to make decisions easier, quicker and with less hesitations. There are thousands of trading strategies for you to choose, but at Stocks2.com we prefer those that are simple but successful.

These 2 buy setups match with Copart stock now:

Buy setupElegible
New all-time highYes
New 52 week highYes
Price crossing up 200d MANo
100d MA crossing up 200d MANo

Is Copart stock a buy?

Everyday, hundreds of stock ratings are published by financial analysts to indicate a particular stock's attractiveness. At Stocks2.com, we collected 3 ratings published for CPRT stock in the last 30 days.

Is CPRT a good stock to buy?
DateAnalyst / BrokerPrevious ratingCurrent rating
2019-5-24SunTrust Banksn/aBuy
2019-2-26SunTrust BanksAverageBuy
2019-2-19Barrington Researchn/aHold

Copart stock analysis

Daily outlook

After climbing for 4 days, Tuesday Copart remained stable a tight -0.04%, closing at $77.47.

After marking all time highs today, Copart remained stable -0.04% today to $77.47. Since SMA100d and SMA200d crossed up on May, CPRT price climbed $10.15 per share (15.08%). CPRT shows a sign of strength in the short-term after finally breaking out above $75.90 on Jul/1 and marking a new rising bottom. Even closing in lows, the session peaked to new all time highs at $77.66.

CPRT stock chart (daily)

Weekly outlook

Copart remained constant 0.18% this week and peaked a new all time high at $77.89.

Copart stock is trading in the range of its last top and last bottom. Loosing would mean breaking the current uptrend. Breakdowns under last bottom are selling point signals for some trading strategies. Since late April when SMA20w and SMA40w crossed up, CPRT price gained $12.41 per share (19.07%). Since mid February when CPRT stock price broke up the SMA40w line, it gained $23.44 (43.38%).

CPRT stock chart (weekly)

Copart stock price history

Copart stock went public on March 17th, 1994 with a price of $0.561. Since then, CPRT stock surged a 13,733.90%, with a yearly average of 549.40%. If you had invested $1,000 in Copart stock in 1994, it would worth $137,339.00 today.

1: Adjusted price after possible price splits or reverse-splits.

Copart stock historical price chart

CPRT stock reached all-time highs today with a price of $77.89.

Copart stock price target is $72.50

Nobody can reliably foresee how stock prices may evolve in the future. However, many stock price predictions are published every day by banks, financial institutions and independent analysts. You should not follow the analysts' CPRT stock price predictions in the hope that they will be met as they may be wrong and not met. We have 2 price forecasts for Copart stock published in the last month:
CPRT stock price predictions
DateAnalyst / BrokerActionPrevious targetCurrent targetDiff
2019-5-24SunTrust BanksRaises Targetn/a$78.00-
2019-2-26SunTrust BanksRaises Targetn/a$67.00-
(in average)$0.00$72.500.0%
The price target for Copart stock is $72.50, moving in a range between $78.00 and $67.00. In average, analysts' outlook on CPRT price target is stable from previous estimations.

Financials and fundamental analysis

Earnings date and Earnings per Share

On February, Copart matched the forecasts of the analysts and reported an EPS of $0.52 per share. Unfortunately, reported EPS is not yet available in our database.
CPRT earnings date and EPS evolution
QuarterReporting dateEstimated EPSActual EPSSurprise
2017-Q2-n/a0.38n/a
2017-Q3-n/a0.35n/a
2017-Q42017-11-210.270.3322.2%
2018-Q12018-02-260.380.4723.7%
2018-Q22018-05-230.480.528.3%
2018-Q32018-09-190.470.42-10.6%
2018-Q42018-11-200.460.472.2%
2019-Q12019-02-200.510.522.0%
2019-Q2-n/an/an/a
2019-Q3-n/an/an/a

Annual financial results

In 2018, Copart annual turnover stayed stable a neutral -0.24% to $1,805.69 million dollars from $1,810.00 marked in 2018. Likewise, its earnings margin (compared to sales) remained stable to 23.14%, that is $417.87 million.

Copart presents anual results in July, and to compare its evolution since then, we estimate annual sales and income figures by adding results from the last 4 quarters. This is called TTM (or Twelve Trailing Months). So, Copart TTM sales up to January 2019 were $1,873.69 and income $482.55 M USD. If we compare this TTM figures with the last reported annuality, we can esteem Copart business evolution since July 2018: Annual sales up to January, compared to lastest yearly report, gained a beatiful 3.77%. Regarding profit margin, Copart grew 2.61% to 23.14%

CPRT annual Sales and Income evolution
YearSalesYoYIncome/(margin)YoY
2014$1,160 M-$179 M15.4%-
2014$1,160 M0.00%$179 M15.4%0.00%
2015$1,150 M-0.86%$220 M19.1%23.00%
2015$1,146 M-0.34%$220 M19.2%0.00%
2016$1,270 M10.81%$270 M21.3%23.01%
2016$1,268 M-0.12%$270 M21.3%0.00%
2017$1,450 M14.31%$394 M27.2%45.82%
2017$1,448 M-0.14%$394 M27.2%0.00%
2018$1,810 M25.00%$418 M23.1%6.00%
2018$1,806 M-0.24%$418 M23.1%0.00%
TTM $1,874 M3.77%$483 M25.8%15.48%

Quarterly financial results

Copart reported $484.90 M in sales for 2019-Q1, a 5.10% improvement compared to previous quarter. Reported quarter earnings marked $131.37 million with a profit margin of 27.09%. Profit margin stepped up a 2.37% compared to previous quarter when profit margin was 24.73%. When comparing sales to same quarter last year, Copart sales marked a nice gain and escalated a 5.62%. Looking back to recent quarterly results, Copart posted 2 positive quarters in a row.
CPRT quarterly Sales and Income evolution
QuarterSales1QoQ2Income1/(margin)QoQ2
2017-Q2$374 M-$91 M24.2%-
2017-Q3$379 M1.27%$70 M18.6%-22.32%
2017-Q4$419 M10.72%$78 M18.5%10.20%
2018-Q1$459 M9.53%$103 M22.5%33.21%
2018-Q2$478 M4.16%$127 M26.6%23.33%
2018-Q3$449 M-6.06%$110 M24.4%-13.82%
2018-Q4$461 M2.70%$114 M24.7%3.95%
2019-Q1$485 M5.10%$131 M27.1%15.16%

Copart ownership

When you are planning to buy a company, it's worth to have a look its ownership structure.

Management staff in all public traded companies that hold equity is required to report every transaction to the SEC. For Copart, 12.91% of all outstanding shares are owned by its staff.

Bearish positions for CPRT stock account 0.00%, no big difference from last month.

The following table compares ownership indicators for other stocks related to Copart:

CPRTANCRMTGPIKAR
Market cap$17.7 B$0.0 M$604.5 M$1.5 B$3.3 B
Total shares228.2 M0.0 M7.1 M18.5 M133.3 M
Float shares200.5 M58.9 M6.3 M15.5 M132.3 M
  - Institutional holdings (%)86.9%87.1%74.9%106.4%0.0%
  - Insider holdings (%)12.9%13.6%8.2%6.8%92.8%
Shares in short selling0.0%0.0%0.0%0.0%0.0%

Copart summary

Tuesday, July 16th, 2019
Open$77.36
Close$77.47
Day range$77.30 - $77.89
Previous close$77.50
Session gain-0.04%
Average true range$1.05
50d mov avg$71.87
100d mov avg$66.92
200d mov avg$58.43
Daily patternlb02c
Weekly pattern lt06a

Copart performance

Performance as an absolute value is never valid if it's not benchmarked against competitors or related stocks in the industry. We chose AutoNation, America's Car-Mart, Group 1 Automotive, KAR Auction Services, CarMax, Lithia Motors, Penske Automotive, Rush Enterprises and Sonic Automotive as the bechmarking frame for Copart stock.
Stock3m6m12m
CPRTCopart19.07%54.75%31.35%
ANAutoNation9.44%9.18%-14.80%
CRMTAmerica's Car...-10.06%19.50%32.37%
GPIGroup 1 Automotiv...13.56%34.07%22.83%
KARKAR Auction Servi...17.26%28.57%12.65%
KMXCarMax15.31%43.39%15.10%
LADLithia Motors21.13%37.87%26.91%
PAGPenske Automotive-0.02%-2.63%-3.91%
RUSHARush Enterprises-20.25%-10.10%-21.32%
SAHSonic Automotive51.67%50.89%32.77%

Copart competitors

We chose a few stocks to conform a list of Copart competitors to examine if you are interested in investing in CPRT:

Latest Copart stock news