Added to YB: 2026-09-18
Pitch date: 2026-09-16
CPRT [neutral]
Copart, Inc.
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
$28.7B
Pitch Price
N/A
Price Target
N/A
Dividend
N/A
EV/EBITDA
12.69
P/E
20.03
EV/Sales
5.22
Sector
Commercial Services and Supplies
Category
special_situation
Is Copart a Buy After the Q4 Results and the Acquisition of ACV Auctions?
CPRT (update): Copart’s disappointing Q4 — 2.4% revenue growth, lower U.S. volumes, an approximately 4.5% gross-margin decline and EPS falling to $0.35 — reflects headwinds viewed as temporary. The $1.9B all-cash ACV Auctions acquisition adds software, data and digital wholesale capabilities, plus franchise-dealer supply that Copart’s prior whole-car efforts failed to attract, while leaving $2.6B of cash. Management expects ACV to reach breakeven in 2027, while the potential synergies remain unproven.
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