(CPRT) Copart - Ratings and Ratios

Copart, Inc. (NASDAQ: CPRT) is a global leader in online vehicle auctions and remarketing services, operating in 13 countries across North America, Europe, the Middle East, and South America. The company utilizes its proprietary third-generation internet auction technology to facilitate the sale of vehicles through virtual bidding. Its services cater to a diverse range of clients, including insurance companies, financial institutions, charities, fleet operators, dealerships, rental companies, and individual sellers. Copart’s offerings include end-to-end solutions such as online seller access, salvage estimation, vehicle transportation, inspection services, title processing, and loan payoff programs. Additionally, the company provides specialized platforms like BluCar and CashForCars.com, enabling public purchases of vehicles and parts. Its Copart 360 technology offers detailed 360-degree views of vehicles, enhancing buyer transparency. The company also operates Purple Wave Inc., which focuses on wholesale remarketing of construction, agriculture, and fleet vehicles through no-reserve auctions. Copart’s customer base includes licensed dismantlers, rebuilders, dealers, and exporters, as well as individual buyers.

From a technical perspective, CPRT is currently trading above its 20-day and 50-day moving averages, with the last price of $59.68 exceeding the SMA 20 ($56.89) and SMA 50 ($56.28). The stock’s ATR of 1.62 indicates moderate volatility. On the fundamental side, Copart’s market cap stands at $52.66 billion, with a trailing P/E of 36.58 and a forward P/E of 30.58, signaling expectations of continued growth. The company’s price-to-book ratio of 6.34 reflects its strong intangible assets and brand value, while the P/S ratio of 11.69 highlights its premium valuation relative to sales. Copart’s return on equity of 17.52% underscores its efficient use of shareholder capital.

3-Month Forecast: Based on the provided data, CPRT is expected to maintain its upward momentum, supported by its strong fundamental position and consistent execution. Technically, the stock may face resistance near the 50-day SMA level, but the overall trend remains bullish. Fundamentally, the company’s high P/E ratio suggests market confidence in its growth prospects, driven by its leadership in the online vehicle remarketing space and expanding global operations. The combination of stable technical indicators and robust financial metrics positions CPRT for continued appreciation in the near term.