CPRT Stock Summary and Trading Ideas (Copart | NASDAQ:CPRT)

Based in Dallas, Copart operates an online salvage vehicle auction with operations in 11 countries across North America, Europe, and the Middle East, facilitating over 3.5 million transactions annually. The company utilizes its virtual bidding platform, VB3, to connect vehicle sellers with over 750,000 registered buyers around the world. Buyers primarily consist of vehicle dismantlers, rebuilders, individuals and used vehicle retailers. About 80% of Copart's vehicle volume is supplied by auto insurance companies holding vehicles deemed a total loss. Copart also offers services such as vehicle transportation, storage, title transfer, and salvage value estimation. The company primarily operates on a consignment basis and collects fees based on the vehicle's final selling price.

Copart trades on the NASDAQ stock market under the symbol CPRT.

As of February 7, 2025, CPRT stock price declined to $58.65 with 732,106 million shares trading.

CPRT has a beta of 1.26, meaning it tends to be more sensitive to market movements. CPRT has a correlation of 0.43 to the broad based SPY ETF.

CPRT has a market cap of $56.50 billion. This is considered a Large Cap stock.

Last quarter Copart reported $1 billion in Revenue and $.37 earnings per share. This beat revenue expectation by $47 million and met earnings estimates .

In the last 3 years, CPRT traded as high as $64.38 and as low as $25.55.

The top ETF exchange traded funds that CPRT belongs to (by Net Assets): VTI, VOO, QQQ, VO, SPY.

CPRT has underperformed the market in the last year with a return of +16.2%, while SPY returned +23.4%. This shows that you would have done better investing in the overall market (through SPY) over the last year than in CPRT shares. However, CPRT has outperformed the market in the last 3 month and 2 week periods, returning +5.8% and +1.8%, while SPY returned +2.3% and -1.2%, respectively. This indicates CPRT has been having a stronger performance recently.

CPRT support price is $58.56 and resistance is $59.82 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that CPRT shares will trade within this expected range on the day.