Professional
Added to YB: 2025-07-21
Pitch date: 2025-07-15
CPRT [neutral]
Copart, Inc.
-16.22%
current return
Author Info
No bio for this author
Company Info
Copart, Inc. provides online auctions and vehicle remarketing services in the United States, the United Kingdom, Germany, Brazil, Canada, the United Arab Emirates, Spain, Finland, Oman, the Republic of Ireland, and Bahrain.
Market Cap
$37.7B
Pitch Price
$46.16
Price Target
N/A
Dividend
N/A
EV/EBITDA
16.16
P/E
23.90
EV/Sales
7.00
Sector
Commercial Services and Supplies
Category
N/A
Wedgewood Partners Portfolio Holding: Copart, Inc.
CPRT (holding update): Copart detracted from performance with flat volumes (+1%). Dominant in salvage resale market, but competitor IAA aggressively bid for market share at large insurance carrier customer (likely Progressive). We believe this volume shift is unsustainable due to Copart's superior service.
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