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MarketScreener Homepage  >  Equities  >  Nasdaq  >  Copart    CPRT

COPART

(CPRT)
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Copart : Close to an important technical resistance levels

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05/16/2019 | 09:58am EDT
long trade
Target price hit
Entry price : 66.625$ | Target : 72.9$ | Stop-loss : 62.9$ | Potential : 9.42%
Copart shares are trading close to a major resistance level. Given the share's technical chart pattern, investors could anticipate that this resistance zone will be broken which could lead to new upside potential.
Investors have an opportunity to buy the stock and target the $ 72.9.
Chart COPART
Duration : Period :
Copart Technical Analysis Chart | MarketScreener
Full-screen chart
Summary
  • 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.
Copart : Close to an important technical resistance levels
Stocks mentioned in the article
ChangeLast1st jan.
COPART 0.38% 81.68 Delayed Quote.70.95%
VALUE8 N.V. 0.36% 5.52 Delayed Quote.16.03%

David Meurisse
© MarketScreener.com 2019
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Disclaimer: The information, charts, data, views, or comments provided by SURPERFORMANCE SAS are intended for investors who have the necessary knowledge and experience to understand and appreciate the information contained within. These items are disseminated for personal reference only. They do not constitute an offer or solicitation to buy or sell financial products or services, nor an investment advice.
The use of the information disseminated takes place under the investor's sole responsibility, without recourse against SURPERFORMANCE SAS. SURPERFORMANCE SAS will not be liable, whether in contract, in tort, under any warranty, for errors, omissions, improper investments, or adverse evolution of markets.

Financials (USD)
Sales 2020 2 310 M
EBIT 2020 836 M
Net income 2020 632 M
Finance 2020 88,2 M
Yield 2020 -
P/E ratio 2020 31,1x
P/E ratio 2021 27,9x
EV / Sales2020 8,17x
EV / Sales2021 7,49x
Capitalization 18 970 M
Upcoming event on COPART
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus OUTPERFORM
Number of Analysts 12
Average target price 85,56  $
Last Close Price 81,68  $
Spread / Highest target 15,1%
Spread / Average Target 4,74%
Spread / Lowest Target -13,1%
EPS Revisions
Managers
NameTitle
A. Jayson Adair Chief Executive Officer & Director
Jeffrey Liaw President & Chief Financial Officer
Willis J. Johnson Executive Chairman
Sean Eldridge Chief Operating Officer & Senior Vice President
Steven D. Cohan Independent Non-Executive Director
Sector and Competitors
1st jan.Capitalization (M$)
COPART70.95%18 970
CARVANA CO.120.91%3 597
KAR AUCTION SERVICES, INC.-50.13%3 177
AMERICA'S CAR-MART, INC.20.25%580
IDOM INC.28.77%431
MOTORPOINT GROUP PLC10.04%256