Copart (NASDAQ:CPRT) Reaches New 12-Month Low on Disappointing Earnings

Copart, Inc. (NASDAQ:CPRT)’s stock price reached a new 52-week low on Friday after the company announced weaker than expected quarterly earnings. The stock traded as low as $33.81 and last traded at $35.9610, with a volume of 3052951 shares trading hands. The stock had previously closed at $37.65.

The business services provider reported $0.36 EPS for the quarter, missing analysts’ consensus estimates of $0.39 by ($0.03). The firm had revenue of $1.12 billion during the quarter, compared to the consensus estimate of $1.15 billion. Copart had a net margin of 34.24% and a return on equity of 17.78%. The business’s revenue was down 3.6% on a year-over-year basis. During the same period last year, the business earned $0.40 EPS.

More Copart News

Here are the key news stories impacting Copart this week:

• Positive Sentiment: Management reiterated continued investment in land capacity and artificial intelligence to support long‑term growth and operational efficiency — a potential positive for medium/long‑term market share and margins. Copart signals continued investment in land capacity and AI
• Neutral Sentiment: Transcript and earnings‑call commentary provide context on how management plans to navigate volume headwinds and deploy capital; useful for assessing guidance and execution but not an immediate catalyst by itself. Q2 2026 Earnings Call Transcript
• Neutral Sentiment: Wider market context: U.S. futures were up, but market moves are not offsetting company‑specific weakness — keep macro conditions in mind when positioning. Market futures/coverage note
• Negative Sentiment: Q2 EPS missed consensus: $0.36 vs. $0.39 expected, and revenue $1.12B vs. $1.15B estimates; revenue declined ~3.6% year‑over‑year — the primary driver of the intraday selloff. Earnings summary & figures
• Negative Sentiment: Vehicle unit volumes and insurance-related volumes are down (insurance volumes cited down ~9%), pressuring top‑line growth and auction throughput. This trend raises near‑term revenue uncertainty. Volume decline coverage
• Negative Sentiment: Analyst downgrades and negative headlines (reports that the stock is “crashing” and trading near 52‑week lows) are amplifying selling pressure; broker reactions can extend short‑term weakness. Analyst reaction & downgrades

Wall Street Analyst Weigh In

CPRT has been the topic of several research reports. JPMorgan Chase & Co. decreased their price objective on shares of Copart from $50.00 to $45.00 and set a “neutral” rating on the stock in a report on Monday, November 24th. CJS Securities raised shares of Copart to a “strong-buy” rating in a report on Thursday, December 11th. Barclays restated an “underweight” rating and set a $33.00 price objective (up from $32.00) on shares of Copart in a research report on Friday, November 21st. Finally, Robert W. Baird set a $48.00 target price on Copart in a research report on Friday. Two analysts have rated the stock with a Strong Buy rating, one has issued a Buy rating, four have given a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average price target of $46.80.

Insider Buying and Selling

In other news, Director Thomas N. Tryforos sold 100,000 shares of the stock in a transaction on Tuesday, November 25th. The stock was sold at an average price of $39.07, for a total transaction of $3,907,000.00. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. Also, CEO Jeffrey Liaw sold 25,137 shares of the firm’s stock in a transaction on Thursday, January 15th. The stock was sold at an average price of $40.17, for a total value of $1,009,753.29. Following the completion of the transaction, the chief executive officer owned 55,970 shares in the company, valued at $2,248,314.90. The trade was a 30.99% decrease in their position. The disclosure for this sale is available in the SEC filing. Corporate insiders own 9.60% of the company’s stock.

Institutional Investors Weigh In On Copart

A number of large investors have recently bought and sold shares of the company. Brighton Jones LLC lifted its holdings in shares of Copart by 92.1% during the 4th quarter. Brighton Jones LLC now owns 14,215 shares of the business services provider’s stock worth $816,000 after acquiring an additional 6,817 shares during the period. Geneos Wealth Management Inc. raised its position in Copart by 365.8% during the first quarter. Geneos Wealth Management Inc. now owns 1,118 shares of the business services provider’s stock valued at $63,000 after purchasing an additional 878 shares in the last quarter. Stephens Inc. AR raised its position in Copart by 0.7% during the second quarter. Stephens Inc. AR now owns 30,312 shares of the business services provider’s stock valued at $1,487,000 after purchasing an additional 218 shares in the last quarter. DekaBank Deutsche Girozentrale lifted its stake in Copart by 18.6% during the second quarter. DekaBank Deutsche Girozentrale now owns 411,055 shares of the business services provider’s stock worth $20,062,000 after purchasing an additional 64,364 shares during the last quarter. Finally, D.A. Davidson & CO. boosted its holdings in shares of Copart by 116.2% in the 2nd quarter. D.A. Davidson & CO. now owns 22,421 shares of the business services provider’s stock valued at $1,100,000 after purchasing an additional 12,052 shares in the last quarter. 85.78% of the stock is currently owned by institutional investors and hedge funds.

Copart Stock Performance

The stock has a fifty day simple moving average of $39.49 and a two-hundred day simple moving average of $42.65. The stock has a market cap of $34.88 billion, a price-to-earnings ratio of 21.81 and a beta of 1.08.

About Copart

Copart (NASDAQ: CPRT) is a global provider of online vehicle auction and remarketing services, focused primarily on the sale of salvage and clean-title vehicles. The company operates a technology-driven auction platform that connects sellers — including insurance companies, vehicle finance firms, rental car companies, dealerships and fleet owners — with a broad buyer base consisting of vehicle dismantlers, recyclers, rebuilders and retail buyers. Copart’s business model centers on efficient vehicle disposition using digital bidding and logistics services to maximize recovery value for its clients.

Core services include hosting live and timed online auctions, vehicle listing and inspection support, title processing, and transportation and storage solutions.