Copart stock: buy or sell?

CPRT stock price: $65.94 0.89% At close on May 21st, 2019

Updated on:
May 21st, 2019

4

Copart appreciated a slightly good 0.89% and closed at $65.94.

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. Trading strategies are meant for helping you in the decision process of what stocks to pick and when is the best moment to buy them. There are thousands of trading strategies for you to choose, but at Stocks2.com we prefer those that are simple but successful.

None of our preferred buy setups matches with Copart stock situation right now, therefore this is not a suitable entry point.

Buy setupElegible
New all-time highNo
New 52 week highNo
Price crossing up 200d MANo
100d MA crossing up 200d MANo
This is not a selling recommendation at all, just it's not the best moment to buy if you follow any of these trading strategies.

Is Copart stock a buy?

Everyday, hundreds of stock ratings are posted by financial analysts to indicate a particular stock's attractiveness. At Stocks2.com, we detected 2 ratings published for CPRT stock in the last month.

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

Copart stock analysis

Daily outlook

Copart closed today at $65.94 and appreciated a slightly good 0.89%.

Copart appreciated a slightly good 0.89% and closed at $65.94. For the last 20 days when SMA100d and SMA200d crossed up, CPRT price slipped $-1.38 per share (-2.05%). Since price and SMA200d lines crossed up on February, CPRT climbed $12.46 (23.30%). On April 30th, CPRT hit a new all time high, pushing higher than on Apr 29th tops. Check different trading setups that use ATHs as triggers.

CPRT stock chart (daily)

Weekly outlook

Copart raised a slightly good 0.52% this week. Early April CPRT skyrocketed a phenomenal 5.25% in just one week.

Copart stock is drawing an uptrend with rising tops and bottoms. Now trading in between its last bottom and last top, CPRT might consolidate in a flat-base, waiting to break out over or down under . Not so far away is the last price record Copart marked late April. Late April, SMA20w and SMA40w crossed up triggering a rise of 1.35%. Since mid February when CPRT stock price broke up the SMA40w line, it gained $11.91 (22.04%).

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 grew a 11,675.00%, with an average of 467.00% per year. If you had invested right after CPRT's IPO a $1,000 in Copart stock in 1994, it would worth $116,750.00 today.

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

Copart stock historical price chart

CPRT stock reached all-time highs on April/30 with a price of $67.54.

Copart stock price target is $67.00

Predicting the price evolution of a stock or any financial instrument in a reliable and repeatable way is probably impossible. However, financial institutions invest time and resources to provide the most accurated estimations to help investors to make their decisions. We do not recommend to follow these stock price predictions without a critical thinking from your side, as their accuracy is usually low. For the last month we only found 1 price target for Copart stock:
CPRT stock price predictions
DateAnalyst / BrokerActionPrevious targetCurrent targetDiff
2019-2-26SunTrust BanksRaises Targetn/a$67.00-
(in average)$0.00$67.000.0%

Financials and fundamental analysis

Earnings date and Earnings per Share

On February, Copart was in line with the forecasts of the analysts and posted 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

Compared to 2018, last anual sales report draw a tight movement of -0.24% to $1,805.69 M USD. When comparing 2018 vs 2018, in line, profit margin (that is, the net income divided by revenues) remained stable a 0.05% to 23.14%.

To have an up to date picture of the financial situation of Copart, we have calculated the trailing twelve month (TTM) sales and income figures. TTM values are the sum of the last 4 quarters and aproximate to an annual fiscal report ending in 2019-Q1 that can be compared to 2018 fiscal year results. Annual Copart TTM sales up to January 2019 were $1,873.69 and earnings were $482.55 million dollars. When comparing this TTM figures with the last reported annuality, we can review Copart business evolution since July 2018: Annual sales up to January, compared to lastest yearly report, gained a nice 3.77%. Likewise, profit margin (net income/revenues) grew at 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 posted $484.90 million in revenues for 2019-Q1, a 5.10% up compared to previous quarter. Reported quarter income marked $131.37 M with a profit margin of 27.09%. Profit margin raised 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 good increase and jumped 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 stock, it's always worth to have a look its ownership structure.

Copart shares owned by insiders (that is, founders, CEO, CTO, main executives or other management staff) currently counts a 12.91% of all shares.

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

For a better context understanding, the following table shows ownership data compared to other related companies:

CPRTANCRMTGPIKAR
Market cap$15.0 B$3.5 B$671.0 M$1.3 B$7.4 B
Total shares228.2 M89.2 M6.7 M17.8 M133.3 M
Float shares199.4 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, May 21st, 2019
Open$65.75
Close$65.94
Day range$65.71 - $66.49
Previous close$65.36
Session gain0.89%
Average true range$1.28
50d mov avg$63.82
100d mov avg$58.15
200d mov avg$56.06
Daily pattern
Weekly pattern lt06a

Copart performance

To better understand Copart performance you must becnhmark its gains with other related stocks in same sector or industry. For Copart, the benchmark is made against AutoNation, America's Car-Mart, Group 1 Automotive, KAR Auction Services, CarMax, Lithia Motors, Penske Automotive, Rush Enterprises and Sonic Automotive.
Stock3m6m12m
CPRTCopart13.12%35.32%21.55%
ANAutoNation6.72%6.66%-13.91%
CRMTAmerica's Car...16.37%41.44%54.68%
GPIGroup 1 Automotiv...20.04%31.94%8.94%
KARKAR Auction Servi...18.88%-0.45%7.10%
KMXCarMax26.96%23.49%14.24%
LADLithia Motors28.80%39.81%18.63%
PAGPenske Automotive1.34%1.22%-5.93%
RUSHARush Enterprises-13.25%-2.72%-13.91%
SAHSonic Automotive25.51%12.56%-12.66%

Copart competitors

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

Latest Copart stock news