Copart(CPRT)
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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]
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 ...
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
Dallas, Texas-based Copart, Inc. (CPRT) provides online auctions and vehicle remarketing services. Valued at $39.3 billion by market cap, the company sells vehicles through its virtual bidding platform, insurance companies, financial institutions, vehicle rental companies, and dealers via platforms such as BluCar and CashForCars.com as well as offers services like salvage estimation, processing, transportation, and title management. Shares of this global online vehicle auction leader have considerably un ...
Dolby Laboratories, Inc. (NYSE:DLB) Financial Analysis and Competitor Comparison
Financial Modeling Prep· 2026-02-01 02:00
Dolby Laboratories, Inc. (NYSE:DLB) is a renowned company in the audio and imaging industry, known for its innovative sound technologies. It provides audio, imaging, and voice technologies for cinemas, home theaters, PCs, mobile devices, and games. Dolby's competitors include companies like NETGEAR, Morningstar, Copart, and MSC Industrial Direct, each operating in different sectors but comparable in financial analysis.Dolby Laboratories has a Return on Invested Capital (ROIC) of 8.28% and a Weighted Average ...
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
Copart ( CPRT ) is built on the company's status as a structurally advantaged toll-taker in an industry with permanent tailwinds. While the market currently fixates on near-term administrative cost spikes and capitalSeasoned investor with a deep passion for uncovering high-potential opportunities in the stock market. My analysis combines fundamental analysis, market trends, and strategic insights to deliver actionable investment ideas. Follow me for in-depth analyses, market commentary, and investment strat ...
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]
Here's What to Expect From Copart’s Next Earnings Report
Yahoo Finance· 2026-01-20 10:43
Company Overview - Copart, Inc. is a Texas-based multinational leader in online vehicle auctions and remarketing services, with a market cap of $39.7 billion [1] - The company operates a proprietary, technology-driven platform connecting sellers, primarily insurance companies and fleet operators, with a global base of buyers including dismantlers and used-vehicle dealers [1] Earnings Expectations - Analysts expect Copart to report a profit of $0.39 per share for fiscal Q2 2026, a decrease of 2.5% from $0.40 per share in the same quarter last year [2] - For fiscal 2026, the expected profit is $1.64 per share, reflecting a 3.1% increase from $1.59 per share in fiscal 2025, with further growth anticipated to $1.81 per share in fiscal 2027, a year-over-year increase of 10.4% [3] Stock Performance - Over the past 52 weeks, Copart's stock has declined by 27.2%, underperforming the S&P 500 Index's return of 16.9% and the Industrial Select Sector SPDR Fund's increase of 21.9% [4] - The decline is attributed to a cooling growth momentum and softer conditions in parts of the used-vehicle market, which have negatively impacted near-term revenue and earnings trends [5] Analyst Ratings - Wall Street analysts maintain a "Moderate Buy" rating for Copart, with five analysts recommending "Strong Buy," six suggesting "Hold," and one advising "Strong Sell" [6] - The mean price target for Copart is set at $52.30, indicating a potential upside of 27.4% from current levels [6]