Valued at a\u00a0market cap of $39.7 billion, Copart, Inc. (CPRT) is a\u00a0Texas-based\u00a0multinational leader in online vehicle auctions and remarketing services. Copart operates a proprietary, technology-driven platform that connects sellers, primarily insurance companies, fleet operators, rental companies, and financial institutions, with a global base of buyers, including dismantlers, rebuilders, used-vehicle dealers, exporters, and individual consumers.<\/p>\n
It is expected to announce its fiscal\u00a0Q2 earnings\u00a0for 2026 in the near future.\u00a0Before this event, analysts expect this\u00a0online car auction company\u00a0to report a\u00a0profit of $0.39 per share,\u00a0down 2.5% from\u00a0$0.40 per share\u00a0in the year-ago quarter.\u00a0The company has met or surpassed Wall Street\u2019s bottom-line estimates in each of the last four quarters.<\/p>\n
For fiscal 2026, analysts expect Copart to report a profit of $1.64 per share, representing a 3.1% increase from\u00a0$1.59 per share\u00a0in fiscal 2025. Moreover, its EPS is expected to grow 10.4% year over year to $1.81 in fiscal 2027.<\/p>\n Copart has\u00a0fallen 27.2%\u00a0over the past 52 weeks, significantly lagging behind both the S&P 500 Index’s ($SPX)\u00a016.9% return\u00a0and the Industrial Select Sector SPDR Fund\u2019s (XLI)\u00a021.9% uptick\u00a0over the same time period.<\/p>\n Over the past year, Copart has lagged the broader market, mainly because growth momentum has cooled from prior periods, making the stock less compelling relative to faster-moving sectors. Softer conditions in parts of the used-vehicle market and more moderate auction activity have weighed on near-term revenue and earnings trends, tempering investor enthusiasm.<\/p>\n Wall Street analysts are\u00a0moderately optimistic\u00a0about Copart\u2019s stock, with an overall “Moderate Buy” rating. Among 12 analysts covering the stock, five recommend “Strong Buy,” six suggest “Hold,\u201d and one \u201cStrong Sell.\u201d The mean price target for\u00a0CPRT\u00a0is $52.30, indicating a 27.4% potential upside from the current levels.<\/p>\n 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. This article was originally\u00a0published on Barchart.com <\/i><\/p>\n<\/p><\/div>\n<\/div>\n<\/div>
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