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 $52.90, up 1.36% from the previous day, and has increased 20.97% in one year. It has overperformed other stocks in the Specialty Business Services industry by 0.05 percentage points. Copart stock is currently +24.73% from its 52-week low of $42.41, and -9.7% from its 52-week high of $58.58.
As of Oct 4, 2024, there are 963.29M CPRT shares outstanding. The market value of CPRT is $50.96B. In the past 24 hours, 3.61M CPRT shares were traded.
How to Buy Copart Stock
Wondering how to invest in Copart stock? Here's how.
- 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.
- Create a brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've selected.
- Deposit money your brokerage account: Choose your payment method and add your information.
- 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).
- 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.
- 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.
Our preferred brokerage: eToro
We believe that eToro is the best brokerage. eToro gives you:
- Invest in stocks with zero commissions: Invest without paying trading commissions.
- 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.
- Security: eToro is a regulated and licensed fintech leader.
- Buy other financial assets: Such as ETFs and cryptocurrencies.
Get $10 towards your share purchase by signing up for an account with eToro today.
Open eToro AccountStep 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.
How to Set Up a New Account on eToro
- Click here to get started.eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
- Provide your personal details to start a new brokerage account.
- Submit your details by clicking the "Create Account" button. Get started with eToro today
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.
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
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 37.25x, relative to Specialty Business Services industry P/E ratio of 36.52x
- CPRT may be overvalued based on its P/B ratio of 6.77x, relative to Specialty Business Services industry P/B ratio of 5.09x
- CPRT may be overvalued based on its PEG ratio of 4.12x
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 $1.47B allows it to safely service it's debt of $118.73M.
- Total CPRT debt is lower than 5 years ago, relative to shareholder equity.
- CPRT profit margin has gone up from 32% to 32.2% in the past year.
- CPRT earnings of $1.57B 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 Buy
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
Is CPRT Making Money?
Last year, CPRT earnings were $1.36B. During the last five year, CPRT's earnings have gone up by 17.21% per year. This was faster than the Specialty Business Services industry average of 6.39%.
Last year, CPRT revenue was $4.24B. Over the past five year, CPRT's revenue has gone up by 15.72% per year. This was faster than the Specialty Business Services industry average of 9.79%.
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.
A. Jayson Adair, Executive Chairman of CPRT, was the latest CPRT insider to sell. They sold $34,662,000.00 worth of CPRT shares on Mar 28, 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:
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:
- Figure out where to buy Copart stock
- Create a brokerage account
- Deposit money your brokerage account
- Analyze Copart stock
- Place your CPRT trade
- Monitor your CPRT investment
If you require a brokerage, eToro is our favorite venue.
Get Started with eToro TodayIf you would like to keep track of your investment in Copart, click the button below.
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