Added to YB: 2026-09-21
Pitch date: 2026-09-17
CPRT [neutral]
Copart, Inc.
-1.21%
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
$27.1B
Pitch Price
$29.64
Price Target
N/A
Dividend
N/A
EV/EBITDA
11.84
P/E
18.89
EV/Sales
4.87
Sector
Commercial Services and Supplies
Category
turnaround
CPRT: Copart (13)
CPRT (earnings): Copart’s FY26 was weak but unsurprising: revenue rose 0.4%, global units fell 5.5% and operating income declined 2.6% as investment costs increased. The pending $1.9B ACV acquisition should add wholesale volume and leverage Copart’s physical infrastructure, but at 2.5x revenue and 32x adjusted EBITDA, the payoff is uncertain; management expects FY27 EPS neutrality and incremental earnings in FY28.
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