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How to Buy Copart Stock

Copart Inc

Copart, Inc. provides online auctions and vehicle remarketing services in the United States, Canada, the United Kingdom, Brazil, the Republic of Ireland, Germany, Finland, the United Arab Emirates, Oman, Bahrain, and Spain.

Copart stock last closed at $57.24, up 0.03% from the previous day, and has increased 57.4% in one year. It has overperformed other stocks in the Specialty Business Services industry by 0.3 percentage points. Copart stock is currently +56.24% from its 52-week low of $36.64, and -1.15% from its 52-week high of $57.91.

As of Mar 27, 2024, there are 961.46M CPRT shares outstanding. The market value of CPRT is $55.03B. In the past 24 hours, 3.71M CPRT shares were traded.

How to Buy Copart Stock

Wondering how to invest in Copart stock? Here's how.
  1. Figure out where to buy Copart stock: You need to pick an online brokerage, but don't worry - we've tried dozens of online stock brokerages and apps to help you determine where to buy Copart stock.
  2. Create a brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've selected.
  3. Deposit money your brokerage account: Choose your payment method and add your information.
  4. Analyze Copart stock: The Copart ticker symbol is CPRT. Is Copart stock a good investment? Should you buy shares of CPRT? How do CPRT's underlying business fundamentals look? Do top analysts think Copart is a good buy? Why has CPRT's stock price moved recently? (Hint: Our stock market research tools can help you figure out if CPRT is a good stock to buy).
  5. Place your CPRT trade: Decide if you will purchase CPRT shares at the current market price or use a limit order to buy CPRT stock at a given price.
  6. Monitor your CPRT investment: Create a watchlist to important notifications about your investment in Copart shares.

Step 1: Figure out where to buy Copart stock

You need a brokerage account to access the NASDAQ market and buy CPRT shares.

A brokerage account is an investment account that enables you to buy and sell a number of investments, including stocks, bonds, mutual funds, and ETFs.

Our preferred brokerage: eToro

We believe that eToro is the best brokerage. eToro gives you:

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  • Buy fractional shares: Even if you don't have the money to buy a full share, you can still buy the stock.
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  • Social investing: eToro boasts a community of more than 20 million users around the world. Talk to, learn from, and copy the crypto trades of other investors.
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Step 2: Create a brokerage account

Now that you've selected the right brokerage, the next step is to fill out some personal information so you are able to invest in CPRT today.

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  1. Click here to get started.
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  2. Provide your personal details to start a new brokerage account.
  1. Submit your details by clicking the "Create Account" button.
  2. Get started with eToro today
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Step 3: Deposit money your brokerage account

Now that you have finished signing up on stock apps to use, you can securely and quickly fund your account:

Check out the walkthrough below to see the process of depositing funds into your new brokerage account.

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Step 4: Analyze Copart stock

After you have decided on the best place to buy Copart stock, it's important to research their stock before you invest, so you truly comprehend the risk and opportunity.

Copart Metrics

CPRT Price
$57.24
1w %
0.6%
1y %
57.4%
5y %
283.52%
P/E
40.31x
P/B
8.11x
P/S
13.54x
PEG
2.48x
Revenue
$4.06B
Earnings
$1.36B
Fore. Rev. Growth
5.27%
Fore. Earn. Growth
N/A
Market Cap
$55.03B
Next Earnings
May 15, 2024
Next Dividend
N/A

Copart Overview

WallStreetZen was created to help everyday investors do more in-depth fundamental analysis quickly.

You can see all of the due diligence checks on CPRT's stock page.

Is CPRT stock undervalued or overvalued?

Investors use a variety of different financial metrics, analyses, models, and charts to gauge CPRT's intrinsic value.

Using relative valuations measures:

  • CPRT may be overvalued based on its P/E ratio of 40.31x, relative to Specialty Business Services industry P/E ratio of 36.78x
  • CPRT may be overvalued based on its P/B ratio of 8.11x, relative to Specialty Business Services industry P/B ratio of 4.97x
  • CPRT may be overvalued based on its PEG ratio of 2.48x

You can do additional valuation research on CPRT's stock here.

A look at CPRT Cashflows and Balance Sheet

Signs that CPRT is financially healthy:

  • CPRT has a low debt to equity ratio of 0.12.
  • There are more short-term assets than long-term liabilities on the CPRT balance sheet.
  • CPRT's operating cash flow of $1.40B allows it to safely service it's debt of $115.55M.
  • Total CPRT debt is lower than 5 years ago, relative to shareholder equity.
  • CPRT profit margin has gone up from 29.5% to 33.4% in the past year.
  • CPRT earnings of $1.65B is not sufficient to cover its interest payments.
  • There are more short-term assets than short-term liabilities on the CPRT balance sheet.

Is CPRT stock a Buy, Hold, or Sell, according to analysts?

Out of 1 sell side analysts who give forecasts on CPRT, the consensus analyst rating on CPRT is a Hold

Please keep in mind that analyst ratings are not recommendations, nor are they investment advice.

You can dive deeper into what analysts are projecting on the Copart stock forecast page.

CPRT Trading Indicators

SMA10
56.81
SMA20
55.68
SMA50
52.11
SMA100
50.32
SMA200
47.37
MACD
1.56
MACD Signal
1.59
MACD Histogram
-0.03
RSI
75.29
Stochastic %K
84.18
Stochastic %D
85.42
StochRSI %K
67.44
StochRSI %D
77.94

Is CPRT Making Money?

Last year, CPRT earnings were $1.36B. During the last five year, CPRT's earnings have gone up by 22.25% per year. This was faster than the Specialty Business Services industry average of 11.2%.

Last year, CPRT revenue was $4.06B. Over the past five year, CPRT's revenue has gone up by 16.73% per year. This was faster than the Specialty Business Services industry average of 10.8%.

You can analyze CPRT's earnings and revenue performance here.

What are CPRT executives and large shareholders up to?

In the past 12 months, executives and large shareholders at CPRT have sold more shares than they have bought.

Thomas N. Tryforos, Director of CPRT, was the latest CPRT insider to sell. They sold $15,751,950.00 worth of CPRT shares on Mar 13, 2024.

Dig into more about who owns CPRT stock here.

Can I get consistent income from CPRT stock?

No, Copart doesn't provide an income stream by paying out dividends.

CPRT Social Trading Data

One of the reasons eToro is our top-rated brokerage is because of its social trading community.

Click below to see what other traders have to say.

Step 5: Place your CPRT trade

You have two primary types of orders:

  • Market order: A market order is an order to buy or sell a stock at the best possible price.
    Market orders are mostly fine for most investors.
  • Limit order: A limit order allows you to buy or sell a security at a specific price (or better).
    If you want to make sure you're buying or selling at a particular price limit, use a limit order.

Hit the Open button and eToro will execute your order.

If you require additional assistance buying stocks on eToro, watch the helpful video below:

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Step 6: Monitor your CPRT investment

Now that you own some shares in CPRT, you'll want to keep up with your shares.

Create a watchlist to see the latest developments about your CPRT stock.

CPRT Feed

How to Buy Stock in Copart

To summarize, here are the 6 steps to buy Copart stock:

  1. Figure out where to buy Copart stock
  2. Create a brokerage account
  3. Deposit money your brokerage account
  4. Analyze Copart stock
  5. Place your CPRT trade
  6. Monitor your CPRT investment

If you require a brokerage, eToro is our favorite venue.

Get Started with eToro Today
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

If you would like to keep track of your investment in Copart, click the button below.

NASDAQ: CPRT
$57.24+0.02 (+0.03%)
Updated Mar 27, 2024
Open eToro Account
NASDAQ: CPRT
$57.24+0.02 (+0.03%)
Updated Mar 27, 2024
Open eToro Account

FAQ

How much does it cost to buy one Copart share?

As of Mar 27, 2024, it costs $57.24 to buy one share of Copart stock.

Remember, eToro's fractional share buying allows you to buy partial shares of stocks and ETFs. Even if you only have $10, you can buy 0.175 shares of CPRT.

Get Started with eToro Today
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

Is now a good time to buy Copart stock?

According to 1 Wall Street analysts who monitor Copart, their consensus recommendation is to hold Copart stock.

What is the best way to buy Copart stock?

One way to place an order for Copart stock is with a brokerage account.
WallStreetZen does not provide financial advice and does not issue recommendations or offers to buy stock or sell any security.

Information is provided 'as-is' and solely for informational purposes and is not advice. WallStreetZen does not bear any responsibility for any losses or damage that may occur as a result of reliance on this data.