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Commanding a market capitalization of $45.1 billion, Copart, Inc. (CPRT) is a global leader in online vehicle auctions and remarketing services, facilitating the sale of over 4 million vehicles annually across 200+ locations in 11 countries. Founded in 1982 and headquartered in Dallas, it serves insurance companies, dealers, and fleet operators through its proprietary VB3 auction platform.
The automobile reseller is expected to announce its fiscal Q4 earnings results on Wednesday, Sept. 3. Prior to this event, analysts expect CPRT to report a profit of $0.37 per share, up nearly 12.1% from $0.33 per share in the year-ago quarter. The company has surpassed or met Wall Street's earnings estimates in three of the last four quarters while missing on another occasion.
For fiscal 2025, analysts project Copart to report an EPS of $1.56, up 11.4% from a profit of $1.40 in fiscal 2024.
Shares of Copart have fallen 7.4% over the past 52 weeks, trailing the S&P 500 Index's ($SPX) 18.3% return and the Industrial Select Sector SPDR Fund’s (XLI) 24.8% rise over the same time frame.
On May 22, Copart released its Q3 2025 earnings, and its shares slumped 11.5%. While revenue grew 7.5% year-over-year to $1.2 billion, it missed consensus estimates by 2.5%, primarily due to a 2.1% decline in vehicle sales. Service revenues rose 9.3% year-over-year to $1 billion. Its EPS stood at $0.42, up 7.7% from the prior-year quarter and in line with analysts' expectations.
Wall Street analysts are moderately optimistic about Copart’s stock, with a "Moderate Buy" rating overall. Among the nine analysts covering the stock, four recommend "Strong Buy," and five suggest “Hold.”
The mean price target for CPRT is $60.14, indicating a modest 28.8% potential upside from the current levels.
On the date of publication, Kritika Sarmah did not have (either directly or indirectly) positions in any of the securities mentioned in this article. All information and data in this article is solely for informational purposes. For more information please view the Barchart Disclosure Policy here.
