Added to YB: 2026-09-02
Pitch date: 2026-08-30
CPRT [neutral]
Copart, Inc.
-1.5%
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
$30.5B
Pitch Price
$32.96
Price Target
N/A
Dividend
N/A
EV/EBITDA
13.25
P/E
20.49
EV/Sales
5.70
Sector
Commercial Services and Supplies
Category
turnaround
CPRT: Copart (12)
CPRT (monitor): Copart’s recent unit-volume weakness is viewed as cyclical rather than structural: the salvage pool shrank after insurer price hikes, while Progressive shifted most of its salvage volume to IAA after Copart refused its requested terms. International buyers still provide substantial auction liquidity, purchasing 39% of U.S. units and roughly 50% by value. With unit economics driven more by mix than average selling prices, the key question is whether the cycle turns and volumes recover.
Read full article (7 min)