Log in
E-mail
Password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
New member
Sign up for FREE
New customer
Discover our services
Settings
Settings
Dynamic quotes 
OFFON

MarketScreener Homepage  >  Equities  >  Nasdaq  >  Copart, Inc.    CPRT

COPART, INC.

(CPRT)
  Report
SummaryQuotesChartsNewsCalendarCompanyFinancialsConsensusRevisions 
SummaryMost relevantAll NewsPress ReleasesOfficial PublicationsSector newsMarketScreener Strategies

Copart : Hesitation should subside in favor of volatility

11/01/2019 | 10:24am EST
11/01/2019 | 10:24am EST
long trade
Target price hit
Entry price : 82.53$ | Target : 94.7$ | Stop-loss : 79.7$ | Potential : 14.75%
After several weeks of range-bound movement, shares in Copart could enter into a new clear trend. The exit out of the current trading range could be the signal for a return of volatility.
Investors have an opportunity to buy the stock and target the $ 94.7.
Copart : Copart : Hesitation should subside in favor of volatility
Summary
  • The company has strong fundamentals. More than 70% of listed companies have a lower mix of growth, profitability, debt and visibility criteria.
  • The company has solid fundamentals for a short-term investment strategy.

Strengths
  • Growth progress expectations are rather promising. Indeed, sales are expected to rise sharply in the coming years.
  • The group's activity appears highly profitable thanks to its outperforming net margins.
  • Predictions on business development from analysts polled by Standard & Poor's are tight. This results from either a good visibility into core activities or accurate earnings releases.
  • Historically, the company has been releasing figures that are above expectations.
  • Upward revisions of sales forecast reflect a renewed optimism among the analysts covering the stock.
  • Over the last twelve months, the sales forecast has been frequently revised upwards.
  • Analysts remain confident with respect to the group's activity and, more often than not, have revised upwards their earnings per share estimates.
  • For the past year, analysts covering the stock have been revising their EPS expectations upwards in a significant manner.
  • The stock is in a well-established, long-term rising trend above the technical support level at 65.6 USD

Weaknesses
  • Stock prices approach a strong long-term resistance in weekly data at USD 83.94.
  • Technically, the stock approaches a strong medium-term resistance at USD 84.68.
  • The company's valuation in terms of earnings multiples is rather high. Indeed, the firm is getting paid 31.18 times its estimated earnings per share for the ongoing year.

© Zonebourse.com 2019
Stocks mentioned in the article
ChangeLast1st jan.
AT HOME GROUP INC. 1.54% 19.14 Delayed Quote.248.00%
BYD COMPANY LIMITED -1.45% 189.9 End-of-day quote.388.80%
COPART, INC. 0.39% 115.21 Delayed Quote.26.69%
JUST GROUP PLC 0.79% 57.65 Delayed Quote.-27.03%
RISE, INC. 4.17% 25 End-of-day quote.-16.67%
WILL GROUP, INC. 0.91% 999 End-of-day quote.-20.21%

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 2021 2 470 M - -
Net income 2021 753 M - -
Net cash 2021 418 M - -
P/E ratio 2021 37,1x
Yield 2021 -
Capitalization 27 205 M 27 205 M -
EV / Sales 2021 10,8x
EV / Sales 2022 9,86x
Nbr of Employees 7 600
Free-Float 88,3%
Upcoming event on COPART, INC.
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus OUTPERFORM
Number of Analysts 9
Average target price 124,14 $
Last Close Price 115,21 $
Spread / Highest target 17,2%
Spread / Average Target 7,75%
Spread / Lowest Target -6,26%
EPS Revisions
Managers
NameTitle
Aaron Jayson Adair Chief Executive Officer & Director
Jeffrey Liaw President
Willis J. Johnson Executive Chairman
Steve Powers Chief Operating Officer
John F. North Chief Financial Officer & Senior Vice President
Sector and Competitors
1st jan.Capitalization (M$)
COPART, INC.26.69%27 205
CARVANA CO.170.66%17 584
LITHIA MOTORS, INC.105.35%8 023
EAGERS AUTOMOTIVE LIMITED31.74%2 530
ASBURY AUTOMOTIVE GROUP, INC.5.85%2 282
SUPER RETAIL GROUP LIMITED-1.38%1 666