Added to YB: 2024-03-05
Pitch date: 2024-03-03
CPRT [bullish]
Copart, Inc.
-27.96%
current return
Author Info
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
$37.7B
Pitch Price
$53.68
Price Target
N/A
Dividend
N/A
EV/EBITDA
16.16
P/E
23.90
EV/Sales
7.00
Sector
Commercial Services and Supplies
Category
N/A
COPART: from scrap to gold
CPRT: Global vehicle auction leader w/ 250+ sites in 11 countries. Founder Willis Johnson's book details Copart's evolution: pragmatism, adaptability, parts>whole. Innovations: U-Pull-It, PIP for insurers, VB2 bidding. Focus on brand integrity vs competitors. 34,867% stock rise post-IPO under Willis & CEO Jay Adair's strategic direction. Lessons of promise-keeping, brand-building & employee recognition guide success.
Read full article (15 min)