COPART, INC. ● The company has strong fundamentals. More than 70% of listed companies have a lower mix of growth, profitability, debt and visibility criteria.
● In a short-term perspective, the company has interesting fundamentals.
Strengths
● Margins returned by the company are among the highest on the stock exchange list. Its core activity clears big profits.
● Thanks to a sound financial situation, the firm has significant leeway for investment.
● Considering the small differences between the analysts' various estimates, the group's business visibility is good.
● The group usually releases upbeat results with huge surprise rates.
● Over the past year, analysts have regularly revised upwards their sales forecast for the company.
● The tendency within the weekly time frame is positive above the technical support level at 55.26 USD
Weaknesses
● Stock prices approach a strong long-term resistance in weekly data at USD 67.11.
● The stock is close to a major daily resistance at USD 67.32, which should be gotten rid of so as to gain new appreciation potential.
● The company's "enterprise value to sales" ratio is among the highest in the world.
● With an expected P/E ratio at 30.46 and 27.04 respectively for both the current and next fiscal years, the company operates with high earnings multiples.
● The three month average target prices set by analysts do not offer high potential in comparison with the current prices.
