Added to YB: 2026-07-02
Pitch date: 2026-06-30
CPRT [neutral]
Copart, Inc.
+0.23%
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
$26.1B
Pitch Price
$28.73
Price Target
N/A
Dividend
N/A
EV/EBITDA
11.02
P/E
17.51
EV/Sales
4.74
Sector
Commercial Services and Supplies
Category
N/A
Is Something Fundamentally Wrong with Copart?
CPRT (overview): Salvage auction leader down 30% in 12mo. Headwinds: rising uninsured drivers, Progressive shifting volume to competitor IAA, safer cars/AVs reducing accidents, and revitalized IAA under RB Global closing quality gap—a thesis-changer. Surprise return of ex-CEO Adair signals deeper struggles. Insurance headwinds seen as temporary; competition long-lasting. Still quality duopoly w/ moat & intl growth, but shifts from fast compounder to moderate grower.
Read full article (5 min)