(VIANEWS) – Shares of Copart (NASDAQ: CPRT) slid by a staggering 41.9% in 21 sessions from $113.77 at 2022-10-25, to $66.10 at 15:12 EST on Wednesday, following the last session’s upward trend. NASDAQ is jumping 0.89% to $11,274.41, following the last session’s upward trend.

Copart’s last close was $64.74, 15.48% under its 52-week high of $76.60.

About Copart

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. It offers a range of services for processing and selling vehicles over the internet through its virtual bidding third generation internet auction-style sales technology to vehicle sellers, insurance companies, banks and finance companies, charities, fleet operators, dealers, vehicle rental companies, and individuals. The company’s services include online seller access, salvage estimation, estimating, end-of-life vehicle processing, transportation, vehicle inspection stations, on-demand reporting, title processing and procurement, loan payoff, flexible vehicle processing programs, buy it now, member network, sales process, and dealer services. Its services also comprise services to sell vehicles through CashForCars.com; Copart Recycling service, which allows the public to purchase parts from salvaged and end-of-life vehicles; copart 360, an online technology for posting vehicle images; membership tiers for those registering to buy vehicles through Copart.com; and virtual queue to secure a place in line while visiting one of its locations. The company sells its products principally to licensed vehicle dismantlers, rebuilders, repair licensees, used vehicle dealers, and exporters, as well as to the public.

Earnings per Share

Copart’s trailing 12 month EPS is $2.95.

PE Ratio

Copart’s trailing 12 months earnings to price ratio is 22.4 The purchaser of the shares is therefore investing $22.4 per dollar in annual earnings.

For the 12 trailing months, the company’s return-on-equity, which is a measure of the profitability of a company relative to shareholders’ equity, was 26.74%.

Yearly Top and Bottom Value

Copart’s stock is valued at $66.10 at 15:12 EST, way below its 52-week high of $76.60 and way above its 52-week low of $51.10.

Revenue growth

The year-on-year revenue growth was 18%. We now have 3.5B in the 12 trailing months.

More news about Copart (CPRT).


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