Copart(CPRT)
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Copart, Inc. to Release Second Quarter Fiscal 2026 Results
Businesswire· 2026-02-12 03:05
Company Overview - Copart, Inc. is a global leader in online vehicle auctions, founded in 1982, connecting vehicle consigners to approximately 1 million members in over 185 countries [1] - The company operates over 250 locations in 11 countries and sold more than 4 million units in the last year [1] Financial Results - For the first quarter of fiscal 2026, Copart reported revenue of $1.16 billion, gross profit of $537 million, and net income of $403.7 million, reflecting an increase in revenue of $8.2 million (0.7%), gross profit increase of $24.9 million (4.9%), and net income increase of $4 million (1.0%) [1] - For the fourth quarter of fiscal 2025, revenue was $1.1 billion, gross profit was $510 million, and net income was $396 million, showing an increase in revenue of $56.1 million (5.2%), gross profit increase of $56.1 million (12.4%), and net income increase of $73.8 million (22.9%) [1] Upcoming Events - Copart will release earnings for the second quarter of fiscal 2026 on February 19, 2026, and will conduct a conference call to discuss the results [1] - The conference call will be webcast live and available for replay through May 2026 [1]
Copart (CPRT) Eyes Acquisitions, Capital Expenditures, Share Repurchases, and Global Expansion Initiatives with New Financing Facility
Yahoo Finance· 2026-02-08 15:27
Copart, Inc. (NASDAQ:CPRT) is included in our list of the 13 Best Extremely Profitable Stocks to Invest in Now. Copart (CPRT) Eyes Acquisitions, Capital Expenditures, Share Repurchases, and Global Expansion Initiatives with New Financing Facility On January 26, 2026, Copart, Inc. (NASDAQ:CPRT) strengthened its financial flexibility by announcing a new $1.25 billion unsecured senior revolving credit facility, signed on January 23, 2026. This replaces and fully repays the previous facility with options for ...
Copart (CPRT) Eyes Acquisitions, Capital Expenditures, Share Repurchases, and Global Expansion Initiatives with New Financing Facility
Yahoo Finance· 2026-02-08 15:27
Group 1 - Copart, Inc. (NASDAQ:CPRT) has announced a new $1.25 billion unsecured senior revolving credit facility to enhance its financial flexibility, which will support acquisitions, capital expenditures, share repurchases, and global expansion initiatives [2] - The new credit facility replaces the previous one and includes options for two one-year extensions, maturing on January 23, 2031 [2] - The company aims to leverage increased foreign-currency borrowing capacity and a discretionary incremental facility of up to $500 million [2] Group 2 - Prior to the financing decision, Copart's share price fell to a 52-week low of $38.17, marking a 30.49% decline over the previous year, reflecting investor caution in the auto-remarketing sector amid market volatility [3] - Despite the decline, 60% of analysts maintain bullish ratings on the stock, indicating moderately constructive sell-side sentiment [3] - The consensus price target for Copart's stock is $47.00, suggesting an upside potential of approximately 15.82%, which could contribute to long-term value creation as market conditions stabilize [4] Group 3 - Copart operates a global online vehicle auction marketplace, providing remarketing, inspection, logistics, and vehicle processing services to insurers, dealers, dismantlers, and exporters worldwide [4]
As Copart Flails, This Rival Bids Up A Breakout. Day Of Judgment Nears.
Investors· 2026-02-05 12:27
RG Global Bids On Breakout As Rival Copart Struggles | Investor's Business DailyBREAKING: [Futures Fall, Bitcoin Dives; Google Tumbles]---Formerly known as Ritchie Bros. Auctioneers, RB Global (RBA) looks to bring down the gavel on a new breakout. The Copart (CPRT) rival operates a network of auction sites, working closely with rental and fleet companies like Hertz Global (HTZ) and Enterprise, and insurance giants like State Farm, Allstate (ALL), and Geico, a subsidiary of Berkshire Hathaway (BRKB). While C ...
Copart, Inc. (CPRT) Reinforces Financial Flexibility Amid Steady Operating Performance
Yahoo Finance· 2026-02-04 10:44
Group 1 - Copart Inc. is recognized as one of the best used-car stocks to buy, according to hedge funds [1] - The company entered into a new $1.25 billion unsecured senior revolving credit agreement to replace a previous credit facility [1][3] - The new credit facility has interest rates based on a fixed rate plus a margin of 0.75% to 1.125% or a daily rate plus a margin of 0% to 0.125% [3] Group 2 - Copart's first-quarter fiscal 2026 results showed revenue of $1.16 billion, a 0.7% increase year over year, and a gross profit of $537 million [4] - Net income increased by 11.5% to $403.7 million, resulting in diluted earnings per share of $0.41, up from $0.37 a year earlier [4] - The company specializes in online vehicle auctions and remarketing services, connecting sellers with buyers through its proprietary VB3 digital auction platform [5]
Copart Stock Outlook: Is Wall Street Bullish or Bearish?
Yahoo Finance· 2026-02-02 14:15
Core Viewpoint - Copart, Inc. has experienced significant underperformance in its stock price compared to the broader market and specific sector indices, primarily due to cooled growth momentum and challenging market conditions in the used vehicle sector [2][5]. Company Overview - Copart, Inc. is based in Dallas, Texas, and specializes in online auctions and vehicle remarketing services, with a market capitalization of $39.3 billion. The company operates a virtual bidding platform and provides services such as salvage estimation, processing, transportation, and title management [1]. Stock Performance - Over the past year, Copart's stock (CPRT) has declined by 30.7%, while the S&P 500 Index has increased by 14.3%. However, in 2026, CPRT stock has risen by 3.7%, outperforming the S&P 500's 1.4% increase year-to-date [2]. - Compared to the Industrial Select Sector SPDR Fund (XLI), which has gained about 18.7% over the past year, CPRT's performance has been notably weaker [3]. Financial Outlook - Analysts project a 4.4% growth in CPRT's earnings per share (EPS) for the current fiscal year, expecting it to reach $1.66 on a diluted basis. The company has a strong earnings surprise history, having beaten or matched consensus estimates in the last four quarters [5]. Analyst Ratings - Among the 12 analysts covering CPRT, the consensus rating is a "Moderate Buy," consisting of five "Strong Buy" ratings, six "Holds," and one "Strong Sell" [6]. - The mean price target for CPRT is $50.89, indicating a 25.4% premium to its current price, while the highest price target of $65 suggests a potential upside of 60.2% [8].
Dolby Laboratories, Inc. (NYSE:DLB) Financial Analysis and Competitor Comparison
Financial Modeling Prep· 2026-02-01 02:00
Company Overview - Dolby Laboratories, Inc. is a prominent player in the audio and imaging industry, recognized for its innovative sound technologies across various platforms including cinemas, home theaters, PCs, mobile devices, and games [1] Financial Performance - Dolby has a Return on Invested Capital (ROIC) of 8.28% and a Weighted Average Cost of Capital (WACC) of 7.90%, resulting in a ROIC to WACC ratio of 1.05, indicating efficient capital utilization with potential for improvement compared to peers [2] - NETGEAR, Inc. has a negative ROIC of -7.78% against a WACC of 8.91%, leading to a ROIC to WACC ratio of -0.87, highlighting inefficiencies in capital utilization [3] - Morningstar, Inc. exhibits a strong ROIC of 15.33% and a WACC of 8.43%, resulting in a ROIC to WACC ratio of 1.82, indicating high efficiency in generating returns over its cost of capital, outperforming Dolby and other peers [4] - Copart, Inc. has a ROIC of 14.43% and a WACC of 8.98%, yielding a ROIC to WACC ratio of 1.61, while MSC Industrial Direct shows a ROIC of 11.46% and a WACC of 7.32%, with a ratio of 1.57, both surpassing Dolby's efficiency [5]
Copart, Inc. (CPRT) Stock Falls Amid Market Uptick: What Investors Need to Know
ZACKS· 2026-01-28 00:15
Company Performance - Copart, Inc. closed at $40.37, down 2.82% from the previous trading session, underperforming the S&P 500's gain of 0.41% [1] - Prior to this trading day, Copart's shares had increased by 5.19%, outperforming the Business Services sector's decline of 4.89% and the S&P 500's gain of 0.38% [1] Upcoming Earnings - Copart, Inc. is expected to report earnings of $0.39 per share, reflecting a year-over-year decline of 2.5% [2] - The Zacks Consensus Estimate for revenue is projected at $1.17 billion, which is an increase of 0.41% compared to the same period last year [2] Full Year Estimates - For the full year, analysts expect earnings of $1.64 per share and revenue of $4.71 billion, representing changes of +3.14% and +1.31% respectively from the previous year [3] - Recent changes to analyst estimates for Copart may indicate shifts in near-term business trends, with positive revisions seen as a favorable sign for the business outlook [3] Valuation Metrics - Copart, Inc. has a Forward P/E ratio of 25.33, which aligns with the industry average [6] - The Auction and Valuation Services industry, part of the Business Services sector, holds a Zacks Industry Rank of 99, placing it in the top 41% of over 250 industries [6] Zacks Rank System - The Zacks Rank system, which ranges from 1 (Strong Buy) to 5 (Strong Sell), has a strong track record, with 1 rated stocks averaging an annual return of +25% since 1988 [5] - Currently, Copart, Inc. holds a Zacks Rank of 3 (Hold), with no changes in the Zacks Consensus EPS estimate over the last 30 days [5]
From Scrap To Gold: How Copart Built A Global Empire On Total Losses (NASDAQ:CPRT)
Seeking Alpha· 2026-01-26 11:11
Core Viewpoint - Copart (CPRT) is positioned as a structurally advantaged toll-taker in an industry benefiting from permanent tailwinds, despite current market concerns regarding short-term administrative cost increases and capital expenditures [1] Company Summary - Copart operates in an industry characterized by consistent demand and structural advantages, allowing it to capitalize on long-term growth opportunities [1] Industry Summary - The industry in which Copart operates is experiencing permanent tailwinds, suggesting a favorable environment for growth and profitability [1]
From Scrap To Gold: How Copart Built A Global Empire On Total Losses
Seeking Alpha· 2026-01-26 11:11
Core Insights - Copart (CPRT) is positioned as a structurally advantaged toll-taker in an industry benefiting from permanent tailwinds [1] Industry Overview - The market is currently focused on short-term administrative cost increases and capital expenditures [1]