Copart, Inc. (CPRT) concluded the recent trading session at $44.57, signifying a -1.15% move from its prior day's close.
Copart (NASDAQ:CPRT), a global online vehicle auction platform centered on auto salvaging, is slated to announce its Q4 FY'25 earnings (for the July 2025 quarter) on September 3, which will likely show an upward trend in sales volumes. Consensus estimates indicate a revenue of approximately $1.14 billion for the quarter, reflecting a 6% increase compared to the previous year, while earnings per share are projected to be $0.36, representing a $0.03 rise from last year's figures.
Copart operates in a virtual duopoly, boasts strong cash flows, and is expanding internationally with high returns on equity. CPRT's stock price has declined despite robust fundamentals, creating an attractive valuation near historical buyback levels. We expect imminent share buybacks, supported by board authorization, excess cash, and a history of accretive repurchases at similar P/E multiples.
Copart, Inc. (NASDAQ:CPRT ) Q4 2025 Earnings Call September 4, 2025 5:30 PM EDT Company Participants Jeffrey Liaw - CEO & Director Leah Stearns - Senior VP & CFO Conference Call Participants Bob Labick - CJS Securities, Inc. John Healy - Northcoast Research Partners, LLC Christopher Bottiglieri - BNP Paribas Exane, Research Division Bret Jordan - Jefferies LLC, Research Division Jeffrey Lick - Stephens Inc., Research Division Jash Patwa - JPMorgan Chase & Co, Research Division Presentation Operator Good day, everyone, and welcome to the Copart, Inc. Fourth Quarter Fiscal 2025 Earnings Call. Just a reminder, today's conference is being recorded.
In the closing of the recent trading day, Copart, Inc. (CPRT) stood at $48.96, denoting a +2.68% move from the preceding trading day.
Key Points in This Article: Warren Buffett prioritizes stocks with wide moats, ensuring durable competitive advantages and long-term profitability.
Copart's dominant duopoly, land ownership, and early online adoption create a durable moat and outstanding ROE, justifying its premium valuation. Valuation is reasonable relative to capital-light duopolies; Copart trades near historic low multiple, with massive cash reserves and no debt. International expansion is highly profitable, self-funding, and leverages Copart's global network, offering decades of growth potential beyond the US.
Title Express is reducing inventory levels and in-yard times, which will improve Copart's margins and returns on capital. The increasing cash balance generates a 4.4% yield, and I expect buybacks to accelerate if the stock falls below $40 per share. Copart's stock is trading below its fair value of $55 per share, and I forecast an 11.3% CAGR over the next decade.
Copart, Inc. (CPRT) reached $46.69 at the closing of the latest trading day, reflecting a +1.09% change compared to its last close.
In the latest trading session, Copart, Inc. (CPRT) closed at $46.55, marking a +1.76% move from the previous day.
In the closing of the recent trading day, Copart, Inc. (CPRT) stood at $46.08, denoting a -1.31% move from the preceding trading day.
Copart is operating in a practical duopoly in the US and is engaged in international expansion. The business has a protective moat in the form of owned and permitted land for yards and a deep membership of buyers on its auction website. The stock has dropped from an ATH of around $63 earlier this year to $47 today, compressing multiples back to levels where buybacks have been executed in the past.