Copart Inc. (CPRT)
Copart, Inc. (CPRT) Gains As Market Dips: What You Should Know
Copart, Inc. (CPRT) closed the most recent trading day at $33.87, moving +1.44% from the previous trading session.
Copart: A Wide-Moat Compounder Trading At Discount
Copart, Inc. has declined nearly 50% but retains strong fundamentals and structural growth drivers, warranting a buy rating and a $39.25 price target. Rising total loss frequency, driven by EV complexity and ADAS, expands CPRT's addressable market and underpins a long-term growth thesis. CPRT's dual moat—physical yard ownership and the VB3 auction platform—creates high barriers to entry and supports durable margins.
Copart, Inc. (CPRT) Stock Sinks As Market Gains: Here's Why
In the latest trading session, Copart, Inc. (CPRT) closed at $33.07, marking a -2.39% move from the previous day.
Davidson Kahn Capital Management LLC Raises Stock Position in Copart, Inc. $CPRT
Davidson Kahn Capital Management LLC grew its holdings in Copart, Inc. (NASDAQ: CPRT) by 56.3% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 100,151 shares of the business services provider's stock after buying an additional 36,091 shares during the period. Copart
Copart, Inc. (CPRT) Outperforms Broader Market: What You Need to Know
In the latest trading session, Copart, Inc. (CPRT) closed at $33.25, marking a +1.5% move from the previous day.
Copart: A Wonderful Company At A Wonderful Price
After reaching an all-time high of $64.38 per share in November 2024, Copart is currently caught in a ~50% drawdown. This is one of the largest pullbacks since the company's initial public offering in March 1994 and of similar size to what happened following the 2008 global financial crisis. Over the long term, I expect total loss frequency to continue its inexorable rise and to eventually surpass 30%, an incredible change versus the 4% recorded in the early 1980s.
Copart, Inc. (CPRT) Stock Drops Despite Market Gains: Important Facts to Note
Copart, Inc. (CPRT) concluded the recent trading session at $32.84, signifying a -1.68% move from its prior day's close.
Copart, Inc. $CPRT Stock Position Decreased by Chilton Investment Co. Inc.
Chilton Investment Co. Inc. trimmed its stake in Copart, Inc. (NASDAQ: CPRT) by 37.5% during the third quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 30,916 shares of the business services provider's stock after selling 18,567 shares during the quarter. Chilton Investment Co. Inc.'s holdings
Copart, Inc. $CPRT Shares Bought by Bank of Nova Scotia
Bank of Nova Scotia grew its holdings in Copart, Inc. (NASDAQ: CPRT) by 617.8% during the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 836,722 shares of the business services provider's stock after acquiring an additional 720,149 shares during the period.
Copart: A Valuation Derating Has Made It A Buy (Rating Upgrade)
Copart, Inc. shares have declined ~46%, but now trade at a trough of 15.4x EV/EBITDA, well below historical multiples. Recent headwinds—declining insurance volumes and softer claims—are seen as transient, not indicative of structural weakness in CPRT's moat. CPRT management has initiated aggressive buybacks, repurchasing $1.1B in shares with $6.4B in liquidity and effectively no debt.
Copart: Buybacks Are Here
Copart has resumed opportunistic share buybacks, deploying $500 million, reflecting disciplined capital allocation and a rational approach to shareholder returns. CPRT's core moat remains intact; the duopoly structure, dominant marketplace, and international expansion underpin the long-term compounding thesis. Recent volume softness is tied to temporary insurance client share shifts, not structural weaknesses or loss of competitive advantage.
Copart Q2 Earnings Miss Expectations, Revenues Decline Y/Y
Copart Q2 EPS of 36 cents miss estimates as revenues fall 3.6% Y/Y to $1.12B, with operating income and net income down.
