Copart Inc Stock Buy Hold or Sell Recommendation
| CPRT Stock | USD 63.39 0.12 0.19% |
Given the investment horizon of 90 days and your above-average risk tolerance, our recommendation regarding Copart Inc is 'Strong Buy'. A buy or sell recommendation provided by Macroaxis is an automated directive regarding whether to purchase or sell Copart Inc given historical horizon and risk tolerance towards Copart. When Macroaxis issues a 'buy' or 'sell' recommendation for Copart Inc, the advice is generated through an automated system that utilizes algorithms and statistical models.
Check out Copart Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool. Note, we conduct extensive research on individual companies such as Copart and provide practical buy, sell, or hold advice based on investors' constraints. Copart Inc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area.
Copart |
Execute Copart Buy or Sell Advice
The Copart recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on Copart Inc. Macroaxis does not own or have any residual interests in Copart Inc or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute Copart's advice using the current market data and latest reported fundamentals.
Time Horizon
Risk Tolerance
 |  |
Strong Buy
Market Performance | Good | Details | |
Volatility | Very steady | Details | |
Hype Condition | Under hyped | Details | |
Current Valuation | Overvalued | Details | |
Odds Of Distress | Very Low | Details | |
Economic Sensitivity | Almost mirrors the market | Details | |
Investor Sentiment | Alarmed | Details | |
Analyst Consensus | Buy | Details | |
Financial Strenth (F Score) | Strong | Details | |
Financial Leverage | Not Rated | Details | |
Reporting Quality (M-Score) | Unlikely Manipulator | Details |
Copart Trading Alerts and Improvement Suggestions
| Copart Inc has a strong financial position based on the latest SEC filings | |
| Over 85.0% of the company shares are held by institutions such as insurance companies | |
| Latest headline from forbes.com: Why Did Copart Stock Rise 10 |
Copart Returns Distribution Density
The distribution of Copart's historical returns is an attempt to chart the uncertainty of Copart's future price movements. The chart of the probability distribution of Copart daily returns describes the distribution of returns around its average expected value. We use Copart Inc price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of Copart returns is essential to provide solid investment advice for Copart.
| Mean Return | 0.30 | Value At Risk | -1.59 | Potential Upside | 2.67 | Standard Deviation | 1.95 |
Return Density |
| Distribution |
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of Copart historical returns presented in an easy-to-digest graphical form helps investors and money managers understand the risk-reward trade-off of different investement strategies.
Copart Stock Institutional Investors
The Copart's institutional investors refer to entities that pool money to purchase Copart's securities or originate loans. These institutional investors include commercial and private banks, credit unions, insurance companies, pension funds, hedge funds, endowments, and mutual funds.
| Shares | Bank Of New York Mellon Corp | 2024-06-30 | 16 M | Fmr Inc | 2024-09-30 | 14.1 M | Jpmorgan Chase & Co | 2024-06-30 | 14 M | Amvescap Plc. | 2024-06-30 | 11.8 M | Norges Bank | 2024-06-30 | 10.5 M | T. Rowe Price Associates, Inc. | 2024-06-30 | 8.3 M | Northern Trust Corp | 2024-09-30 | 7.9 M | Legal & General Group Plc | 2024-06-30 | 6.9 M | Bank Of America Corp | 2024-06-30 | 6.6 M | Vanguard Group Inc | 2024-09-30 | 101.2 M | Blackrock Inc | 2024-06-30 | 69.2 M |
Copart Cash Flow Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Change In Cash | 291.4M | 570.5M | 336.0M | (426.8M) | 556.7M | 584.6M | |
| Free Cash Flow | 314.2M | 527.9M | 839.2M | 847.6M | 961.6M | 1.0B | |
| Depreciation | 104.3M | 123.1M | 138.6M | 159.7M | 190.3M | 199.8M | |
| Other Non Cash Items | 1.2M | (5.8M) | 17.5M | 5.4M | (289K) | (274.6K) | |
| Capital Expenditures | 603.7M | 463.0M | 337.4M | 516.6M | 511.0M | 536.5M | |
| Net Income | 699.9M | 936.5M | 1.1B | 1.2B | 1.4B | 1.4B | |
| End Period Cash Flow | 477.7M | 1.0B | 1.4B | 957.4M | 1.5B | 1.6B | |
| Change To Inventory | 1.3M | (24.6M) | (10.9M) | 26.5M | (3.7M) | (3.5M) | |
| Change To Netincome | 47.6M | 27.1M | 73.4M | 55.1M | 63.3M | 66.5M | |
| Change Receivables | (40.3M) | (60.8M) | 16.0M | (97.8M) | (88.0M) | (83.6M) | |
| Net Borrowings | (2.8M) | (1.1M) | (417.3M) | 10.5M | 9.5M | 10.0M | |
| Investments | (601.2M) | (465.5M) | (442.3M) | (1.9B) | (940.1M) | (893.1M) |
Copart Greeks
Most traded equities are subject to two types of risk - systematic (i.e., market) and unsystematic (i.e., nonmarket or company-specific) risk. Unsystematic risk is the risk that events specific to Copart or Commercial Services & Supplies sector will adversely affect the stock's price. This type of risk can be diversified away by owning several different stocks in different industries whose stock prices have shown a small correlation to each other. On the other hand, systematic risk is the risk that Copart's price will be affected by overall stock market movements and cannot be diversified away. So, no matter how many positions you have, you cannot eliminate market risk. However, you can measure a Copart stock's historical response to market movements and buy it if you are comfortable with its volatility direction. Beta and standard deviation are two commonly used measures to help you make the right decision.
α | Alpha over Dow Jones | 0.16 | |
β | Beta against Dow Jones | 1.15 | |
σ | Overall volatility | 1.96 | |
Ir | Information ratio | 0.09 |
Copart Volatility Alert
Copart Inc has relatively low volatility with skewness of 1.51 and kurtosis of 11.51. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure Copart's stock risk against market volatility during both bullish and bearish trends. The higher level of volatility that comes with bear markets can directly impact Copart's stock price while adding stress to investors as they watch their shares' value plummet. This usually forces investors to rebalance their portfolios by buying different financial instruments as prices fall.Copart Fundamentals Vs Peers
Comparing Copart's fundamentals to the average values of its peers is one of the most widely used and accepted methods of equity analyses. It helps to analyze Copart's direct or indirect competition across all of the common fundamentals between Copart and the related equities. This way, we can detect undervalued stocks with similar characteristics as Copart or determine the stocks which would be an excellent addition to an existing portfolio. Peer analysis of Copart's fundamental indicators could also be used in its relative valuation, which is a method of valuing Copart by comparing valuation metrics with those of similar companies.
| Better Than Average | Worse Than Average | Compare Copart to competition |
| Fundamentals | Copart | Peer Average |
| Return On Equity | 0.2 | -0.31 |
| Return On Asset | 0.13 | -0.14 |
| Profit Margin | 0.32 % | (1.27) % |
| Operating Margin | 0.34 % | (5.51) % |
| Current Valuation | 57.61 B | 16.62 B |
| Shares Outstanding | 963.53 M | 571.82 M |
| Shares Owned By Insiders | 8.69 % | 10.09 % |
| Shares Owned By Institutions | 84.99 % | 39.21 % |
| Number Of Shares Shorted | 12.34 M | 4.71 M |
| Price To Earning | 29.02 X | 28.72 X |
| Price To Book | 7.75 X | 9.51 X |
| Price To Sales | 14.44 X | 11.42 X |
| Revenue | 4.24 B | 9.43 B |
| Gross Profit | 1.77 B | 27.38 B |
| EBITDA | 1.76 B | 3.9 B |
| Net Income | 1.36 B | 570.98 M |
| Cash And Equivalents | 1.54 B | 2.7 B |
| Cash Per Share | 3.23 X | 5.01 X |
| Total Debt | 118.73 M | 5.32 B |
| Debt To Equity | 0.02 % | 48.70 % |
| Current Ratio | 4.69 X | 2.16 X |
| Book Value Per Share | 7.81 X | 1.93 K |
| Cash Flow From Operations | 1.47 B | 971.22 M |
| Short Ratio | 3.03 X | 4.00 X |
| Earnings Per Share | 1.43 X | 3.12 X |
| Price To Earnings To Growth | 3.41 X | 4.89 X |
| Target Price | 59.76 | |
| Number Of Employees | 13.09 K | 18.84 K |
| Beta | 1.27 | -0.15 |
| Market Capitalization | 61.19 B | 19.03 B |
| Total Asset | 8.43 B | 29.47 B |
| Retained Earnings | 6.55 B | 9.33 B |
| Working Capital | 3.79 B | 1.48 B |
Note: Acquisition by Sparks Carl of 10297 shares of Copart subject to Rule 16b-3 [view details]
Copart Market Momentum
Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as Copart . With many different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
| Accumulation Distribution | 24717.79 | |||
| Daily Balance Of Power | (0.17) | |||
| Rate Of Daily Change | 1.0 | |||
| Day Median Price | 63.71 | |||
| Day Typical Price | 63.6 | |||
| Price Action Indicator | (0.38) | |||
| Period Momentum Indicator | (0.12) | |||
| Relative Strength Index | 77.54 |
About Copart Buy or Sell Advice
When is the right time to buy or sell Copart Inc? Buying financial instruments such as Copart Stock isn't very hard. However, what challenging for most investors is doing it at the right time to beat the market. Proper market timing is something most people cannot do without sophisticated tools, which help to isolate the right opportunities. Macroaxis provides hands-on modules to deliver winning trades and diversify your portfolios on a daily basis. Most of our advising modules are very easy to use and apply.
Please read more on our stock advisor page.
Use Investing Ideas to Build Portfolios
In addition to having Copart in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.Did You Try This Idea?
Run Business Services Thematic Idea Now
Business Services
Fama and French investing themes focus on testing asset pricing under different economic assumptions. The Business Services theme has 61 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Business Services Theme or any other thematic opportunities.
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Additional Tools for Copart Stock Analysis
When running Copart's price analysis, check to measure Copart's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Copart is operating at the current time. Most of Copart's value examination focuses on studying past and present price action to predict the probability of Copart's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Copart's price. Additionally, you may evaluate how the addition of Copart to your portfolios can decrease your overall portfolio volatility.