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Copart, Inc. (CPRT), headquartered in Dallas, Texas, with a market cap of $59.5 billion, is a global leader in online vehicle auctions and remarketing services. Known for its innovative technology and robust platform, Copart connects buyers and sellers of vehicles, offering efficient solutions for the automotive, insurance, and financial industries.
Companies valued at over $10 billion are typically classified as “large-cap stocks,” a distinction that Copart exemplifies through its substantial market presence and influence in the vehicle remarketing industry. Leveraging its advanced technology platform and global reach, Copart provides seamless auction and logistics solutions for insurance companies, dealerships, and individual sellers.
Copart's shares are currently trading 4.4% below their 52-week high of $64.38, which reached Nov. 27. Over the past three months, the stock has gained 24.3%, significantly outperforming the Industrial Select Sector SPDR Fund (XLI), which edged up 8.6% during the same period.
Over the past 52 weeks, CPRT stock has risen 29.8% and is up 25.6% on a YTD basis, outperforming the XLI, which has gained 27.6% over the past year and 21.9% on a YTD basis.
CPRT's recent bullish trend is confirmed as it has traded above both its 50-day and 200-day moving averages since early November.
Copart’s stock gained over 7% following the release of its fiscal Q1 2025 earnings on Nov. 21. The company posted revenue of $1.15 billion, gross profit of $512.1 million, and net income of $362.1 million, marking year-over-year increases of 12.4%, 10.4%, and 8.9%, respectively. Diluted EPS rose 8.8% to $0.37, up from $0.34 in the prior year. The strong financial performance underscores Copart’s consistent growth and operational efficiency, driving positive investor sentiment.
Its rival, RB Global, Inc. (RBA), outperforms CPRT to emphasize the stock's underperformance. Shares of RB Global have gained 43.7% over the past 52 weeks and are up 53% on a YTD basis.
Analysts remain moderately optimistic about Copart’s prospects, given its recent strong price performance. The stock holds a consensus "Moderate Buy" rating from seven covering analysts. The mean price target of $62.71 suggests a potential upside of 1.9% from its current level.
