Copart, Inc. (CPRT)
NASDAQ: CPRT · IEX Real-Time Price · USD
53.06
+0.53 (1.01%)
At close: May 31, 2024, 4:00 PM
52.94
-0.12 (-0.23%)
After-hours: May 31, 2024, 7:50 PM EDT
Copart Stock Forecast
Stock Price Forecast
The 3 analysts with 12-month price forecasts for Copart stock have an average target of 50.33, with a low estimate of 48 and a high estimate of 52. The average target predicts a decrease of -5.15% from the current stock price of 53.06.
Analyst Consensus: Hold
* Price targets were last updated on Apr 8, 2024.
Analyst Ratings
The average analyst rating for Copart stock from 3 stock analysts is "Hold". This means that analysts believe this stock is likely to perform similarly to the overall market.
Recommendation Trends
| Rating | Dec '23 | Jan '24 | Feb '24 | Mar '24 | Apr '24 | May '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 1 | 1 | 0 | 0 | 0 | 0 |
| Buy | 2 | 2 | 2 | 2 | 2 | 1 |
| Hold | 2 | 2 | 3 | 3 | 3 | 2 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 5 | 5 | 5 | 5 | 5 | 3 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| JP Morgan | JP Morgan | Hold Maintains $48 → $52 | Hold | Maintains | $48 → $52 | -2.00% | Apr 8, 2024 |
| JP Morgan | JP Morgan | Hold Initiates $48 | Hold | Initiates | $48 | -9.54% | Feb 27, 2024 |
| HSBC | HSBC | Hold Initiates $51 | Hold | Initiates | $51 | -3.88% | Dec 4, 2023 |
| Baird | Baird | Buy Maintains $45 → $48 | Buy | Maintains | $45 → $48 | -9.54% | Sep 15, 2023 |
| Stephens & Co. | Stephens & Co. | Buy Reiterates $40 | Buy | Reiterates | $40 | -24.61% | May 18, 2023 |
Financial Forecast
Revenue This Year
4.34B
from 3.87B
Increased by 12.21%
Revenue Next Year
4.77B
from 4.34B
Increased by 9.95%
EPS This Year
1.48
from 1.28
Increased by 15.55%
EPS Next Year
1.67
from 1.48
Increased by 12.74%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 4.5B | 5.1B | 5.5B | 6.3B | 6.8B |
| Avg | 4.3B | 4.8B | 5.2B | 6.1B | 6.6B |
| Low | 4.1B | 4.5B | 5.0B | 5.8B | 6.3B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 16.8% | 16.7% | 15.7% | 19.8% | 11.6% |
| Avg | 12.2% | 9.9% | 9.6% | 16.4% | 8.4% |
| Low | 7.2% | 2.9% | 4.0% | 11.8% | 4.1% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 1.56 | 1.82 | 2.07 | 1.96 | 2.24 |
| Avg | 1.48 | 1.67 | 1.84 | 1.91 | 2.17 |
| Low | 1.40 | 1.52 | 1.62 | 1.83 | 2.09 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 22.1% | 22.8% | 24.0% | 6.8% | 17.3% |
| Avg | 15.6% | 12.7% | 10.2% | 3.8% | 13.9% |
| Low | 9.5% | 2.7% | -3.0% | -0.3% | 9.4% |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.