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Is this Large Market Cap Stock target price reasonable for Copart, Inc. (NASDAQ:CPRT)?

The company in question is, Copart, Inc. (NASDAQ:CPRT) currently with a stock price of 53.95 (0.13% today). The market cap for Copart, Inc. is 6176.26, and is in the sector Services, and Auto Dealerships industry. The target price for Copart, Inc. is 58.67. Currently Copart, Inc. is trading with a P/E of 24.08, and a forward P/E of 20.23. Average volume for Copart, Inc. is 584.38 and so far today it is 252155.

Performance in the last year for Copart, Inc. has been 56.58%. For EPS growth, Copart, Inc. has seen a growth of 32.40%, and is looking to grow in the next year to 9.91%. More long term stats show that EPS growth has been 15.30% over the last five years and could be 14.50% for the next five years. Copart, Inc. has seen sales growth quarter over quarter at 17.90%, with EPS growth quarter over quarter at 59.90%. The 20-day simple moving average is 3.82%, with the 200-day simple moving average coming to 20.51%.

Since the IPO date for Copart, Inc. on the 3/17/1994, Copart, Inc. has seen performance year to date to be 41.75%. With Copart, Inc. trading at 53.95, the dividend yield is *TBA, and the EPS is 2.24.

So could Copart, Inc., be undervalued? Well as said before P/E is 24.08. The PEG is 1.66, P/S is 4.87 and the P/B is at 7.41. The P/cash is *TBA, with P/free cash flow at 38.94.

Copart, Inc. ability to deal with debt shows that the current ratio is 1.8, and the quick ratio is 1.8. This is with long term debt/equity at 0.73, and total debt/equity at 0.83.

In terms of margins, Copart, Inc. has a gross margin of 42.90%, an operating margin of 32.00% and a profit margin of 21.30%.Payout ratio for Copart, Inc. is 0.00%. Return on assets come to 16.10% with return on investment coming to 19.90%.

Insider ownership for Copart, Inc., is at 1.80% and institutional ownership comes to 81.50%. Outstanding shares are at 114.63. While shares float is 98.21. The float short is currently 5.28%, and short ratio is 8.87.

Disclaimer: Remember there is a risk to your investment, this is not a recommendation, nor personal advice, never invest more than you are able too loose.

About the author

Mark Hines

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