Core Insights - Copart, Inc. is a leading provider in the online vehicle auction and remarketing services industry, primarily operating through a virtual auction platform [1] - The company reported strong financial performance in its Q1 2026 earnings report, despite a lower price target set by Barclays [2][6] Financial Performance - Copart's revenue for Q1 2026 reached $1.16 billion, reflecting a slight year-over-year increase, with a 2.9% growth when excluding catastrophic events [3][6] - Gross profit increased by 4.9% to $537 million, resulting in a gross margin improvement of 184 basis points to 46.5% [3][6] - The earnings per share for Q1 2026 was $0.41, exceeding the Zacks Consensus Estimate by 2.50% [5][6] Market Dynamics - The company achieved record-high average selling prices (ASPs) for US insurance carriers, with global ASPs increasing by 6.8% and US insurance ASPs by 8.4% [4] - Auction liquidity improved, with international buyers purchasing vehicles valued 38% higher than those bought by US buyers [4] - The US Non-Insurance business saw a 5.3% increase in dealer unit sales [4] Strategic Investments - Despite a 6.7% decrease in global units sold, Copart continues to invest in technology and infrastructure [5] - The Purple Wave platform experienced a gross transaction value growth of over 10%, outperforming the broader industry [5]

Core Insights - Copart, Inc. reported quarterly earnings of $0.41 per share, exceeding the Zacks Consensus Estimate of $0.40 per share, and showing an increase from $0.37 per share a year ago, resulting in an earnings surprise of +2.50% [1] - The company generated revenues of $1.16 billion for the quarter ended October 2025, which was 2.55% below the Zacks Consensus Estimate, and a slight increase from $1.15 billion year-over-year [2] - Copart's stock has underperformed, losing approximately 27.9% since the beginning of the year, while the S&P 500 has gained 12.9% [3] Earnings Outlook - The current consensus EPS estimate for the upcoming quarter is $0.42, with expected revenues of $1.21 billion, and for the current fiscal year, the EPS estimate is $1.68 on revenues of $4.87 billion [7] - The estimate revisions trend for Copart was mixed prior to the earnings release, resulting in a Zacks Rank 3 (Hold), indicating expected performance in line with the market [6] Industry Context - The Auction and Valuation Services industry, to which Copart belongs, is currently ranked in the bottom 16% of over 250 Zacks industries, suggesting potential challenges ahead [8]

ACV Auctions Inc. (ACVA) came out with quarterly earnings of $0.07 per share, in line with the Zacks Consensus Estimate . This compares to earnings of $0.04 per share a year ago. These figures are adjusted for non-recurring items. A quarter ago, it was expected that this company would post earnings of $0.07 per share when it actually produced earnings of $0.07, delivering no surprise.Over the last four quarters, the company has surpassed consensus EPS estimates just once.ACV Auctions, which belongs to the Z ...

Core Insights - Copart, Inc. (CPRT) experienced a stock price decline of 1.15% on the most recent trading day, underperforming the S&P 500's gain of 0.06% [1] - The stock has decreased by 6.3% over the past month, contrasting with the Business Services sector's gain of 0.95% and the S&P 500's gain of 3.94% [1] Earnings Projections - Copart, Inc. is expected to report earnings of $0.41 per share, reflecting a year-over-year growth of 10.81% [2] - The consensus estimate for quarterly revenue is projected at $1.21 billion, which is an increase of 5.48% from the previous year [2] Full Year Estimates - For the full year, analysts anticipate earnings of $1.72 per share and revenue of $4.96 billion, indicating changes of +8.18% and +6.76% respectively from last year [3] Analyst Estimates - Recent adjustments to analyst estimates suggest a favorable outlook on Copart, Inc.'s business health and profitability [4] - The Zacks Consensus EPS estimate has decreased by 0.58% in the past month, and Copart, Inc. currently holds a Zacks Rank of 4 (Sell) [6] Valuation Metrics - Copart, Inc. is trading at a Forward P/E ratio of 26.27, which is lower than the industry average Forward P/E of 34.12, indicating a discount relative to its peers [7] - The Auction and Valuation Services industry, part of the Business Services sector, has a Zacks Industry Rank of 213, placing it in the bottom 14% of over 250 industries [7][8]

Core Insights - Copart Inc. is a leading online vehicle auction provider, focusing on the resale and remarketing of vehicles through a technology-driven platform [1] Financial Performance - For the quarter ending September 4, 2025, Copart reported an EPS of $0.41, exceeding the estimated $0.36 and the Zacks Consensus Estimate of $0.37, marking a +10.81% earnings surprise [2][6] - The company generated $1.13 billion in revenue, slightly missing the estimated $1.14 billion, but showing growth from $1.07 billion in the same quarter last year [3][6] - Over the past four quarters, Copart has surpassed consensus revenue estimates twice, indicating a consistent upward trend in revenue generation [3] Financial Health - Copart maintains a low debt-to-equity ratio of 0.012, ensuring financial stability with minimal debt relative to its equity [4][6] - The current ratio of 8.16 highlights the company's strong ability to cover short-term liabilities with its short-term assets [4] Valuation Metrics - The company has a P/E ratio of 32.65 and a price-to-sales ratio of 10.52, reflecting a positive market outlook on its earnings and revenue potential [5] - The enterprise value to sales ratio is 10.03, and the enterprise value to operating cash flow ratio is 25.58, emphasizing the company's strong market position and efficient cash flow management [5]

Core Insights - Copart, Inc. reported quarterly earnings of $0.41 per share, exceeding the Zacks Consensus Estimate of $0.37 per share, and up from $0.33 per share a year ago, representing an earnings surprise of +10.81% [1] - The company posted revenues of $1.13 billion for the quarter ended July 2025, which missed the Zacks Consensus Estimate by 1.85%, but was an increase from $1.07 billion year-over-year [2] - Copart shares have underperformed the market, losing about 16.2% since the beginning of the year compared to the S&P 500's gain of 9.6% [3] Earnings Outlook - The current consensus EPS estimate for the upcoming quarter is $0.42 on revenues of $1.24 billion, and for the current fiscal year, it is $1.73 on revenues of $5.06 billion [7] - The estimate revisions trend for Copart was mixed ahead of the earnings release, resulting in a Zacks Rank 3 (Hold) for the stock, indicating expected performance in line with the market [6] Industry Context - The Auction and Valuation Services industry, to which Copart belongs, is currently in the top 40% of over 250 Zacks industries, suggesting a favorable outlook as the top 50% of Zacks-ranked industries outperform the bottom 50% by more than 2 to 1 [8]

Group 1: Stock Performance - Copart, Inc. (CPRT) stock increased by 2.68% to $48.96, outperforming the S&P 500's gain of 1.52% on the same day [1] - Over the past month, the stock has risen by 3.05%, contrasting with the Business Services sector's decline of 0.57% and the S&P 500's increase of 1.1% [1] Group 2: Earnings Projections - The upcoming earnings per share (EPS) for Copart, Inc. is projected at $0.37, indicating a 12.12% increase from the same quarter last year [2] - The Zacks Consensus Estimate for revenue is expected to be $1.15 billion, reflecting a 7.23% increase from the previous year [2] Group 3: Full Year Estimates - For the full year, earnings are projected at $1.56 per share, representing an 11.43% increase from the prior year [3] - Revenue for the full year is estimated to be $4.67 billion, showing no change from the previous year [3] Group 4: Analyst Estimates and Market Sentiment - Changes in analyst estimates for Copart, Inc. are crucial as they reflect short-term business trends and can indicate analysts' favorable outlook on the company's health and profitability [4] - Recent research indicates that estimate revisions correlate with near-term share price momentum, providing investors with actionable insights [5] Group 5: Zacks Rank and Valuation - Copart, Inc. currently holds a Zacks Rank of 3 (Hold), with the consensus EPS projection remaining unchanged over the past 30 days [6] - The company has a Forward P/E ratio of 27.61, which is lower than the industry average Forward P/E of 37.7, indicating a valuation discount [7] Group 6: Industry Context - The Auction and Valuation Services industry, part of the Business Services sector, has a Zacks Industry Rank of 210, placing it in the bottom 15% of over 250 industries [7] - The Zacks Industry Rank assesses the performance of industry groups, with the top 50% rated industries outperforming the bottom half by a factor of 2 to 1 [8]

Core Insights - ACV Auctions Inc. reported quarterly earnings of $0.07 per share, matching the Zacks Consensus Estimate, and showing an increase from $0.02 per share a year ago [1] - The company posted revenues of $193.7 million for the quarter ended June 2025, which was 1.22% below the Zacks Consensus Estimate, but up from $160.62 million year-over-year [2] - The stock has underperformed, losing approximately 36.9% since the beginning of the year, while the S&P 500 has gained 8.6% [3] Earnings Performance - The company has surpassed consensus EPS estimates two times over the last four quarters [1] - ACV Auctions has topped consensus revenue estimates three times in the last four quarters [2] - The current consensus EPS estimate for the upcoming quarter is $0.08, with expected revenues of $204.91 million, and for the current fiscal year, the estimate is $0.24 on revenues of $775.69 million [7] Market Outlook - The stock currently holds a Zacks Rank 4 (Sell), indicating expectations of underperformance in the near future [6] - The industry, Auction and Valuation Services, is ranked in the bottom 16% of over 250 Zacks industries, suggesting a challenging environment for the stock [8] - The correlation between near-term stock movements and earnings estimate revisions is emphasized, indicating that investors should monitor these revisions closely [5]

Group 1 - Copart, Inc. (CPRT) stock closed at $46.69, showing a +1.09% change, outperforming the S&P 500 which fell by 0.25% [1] - Over the last month, Copart's shares decreased by 2.69%, underperforming the Business Services sector's loss of 1.99% and the S&P 500's gain of 2.71% [1] Group 2 - Analysts expect Copart to report earnings of $0.37 per share, reflecting a year-over-year growth of 12.12%, with quarterly revenue projected at $1.15 billion, up 7.23% from the previous year [2] - For the entire fiscal year, earnings are predicted to be $1.56 per share, with revenue expected to remain at $4.67 billion, indicating a growth of +11.43% in earnings and no change in revenue from the prior year [3] Group 3 - Recent changes in analyst estimates for Copart are crucial as they reflect near-term business trends, with upward revisions indicating positive sentiment towards the company's operations [4] - Adjustments in estimates are linked to stock price performance, and the Zacks Rank system is designed to leverage these changes for investment decisions [5] Group 4 - The Zacks Rank system, which ranges from 1 (Strong Buy) to 5 (Strong Sell), has shown that 1 ranked stocks have yielded an average annual return of +25% since 1988, with Copart currently holding a Zacks Rank of 3 (Hold) [6] Group 5 - Copart has a Forward P/E ratio of 26.75, which is a discount compared to the industry average Forward P/E of 41.75, indicating potential valuation attractiveness [7] - The Auction and Valuation Services industry, part of the Business Services sector, ranks in the bottom 16% of all industries, with a current Zacks Industry Rank of 208 [7]

Shares of the company witnessed a loss of 6.33% over the previous month, trailing the performance of the Business Services sector with its loss of 3.04%, and the S&P 500's gain of 0.96%. Market participants will be closely following the financial results of Copart, Inc. in its upcoming release. The company is expected to report EPS of $0.37, up 12.12% from the prior-year quarter. In the meantime, our current consensus estimate forecasts the revenue to be $1.15 billion, indicating a 7.23% growth compared to ...