Added to YB: 2026-08-28
Pitch date: 2026-08-26
CPRT [bullish]
Copart, Inc.
+1.02%
current return
Author Info
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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
$30.2B
Pitch Price
$32.43
Price Target
N/A
Dividend
N/A
EV/EBITDA
13.10
P/E
20.29
EV/Sales
5.64
Sector
Commercial Services and Supplies
Category
value
The Lazy Consensus Has Four Stocks Backwards - Copart, Inc.
CPRT: Copart’s earnings engine is shifting from unit volume to pricing and services: Q3 FY2026 revenue grew 2.1% and EBIT margin reached 37.5% despite units falling 2.4%, as fee per unit rose 10.5%. Rising total-loss frequency provides structural support. At ~20-21x forward earnings versus a ten-year average near 29x, fair value is $42-$48; the thesis breaks if Q4 FY2026 U.S. insurance units fall more than 5% YoY while global ASP growth slips below 2%.
Read full article (2 min)