Copart traded at $29.17 this Monday July 6th, decreasing $0.84 or 2.80 percent since the previous trading session. Looking back, over the last four weeks, Copart lost 5.48 percent. Over the last 12 months, its price fell by 40.26 percent. Looking ahead, we forecast Copart to be priced at 29.38 by the end of this quarter and at 27.58 in one year, according to Trading Economics global macro models projections and analysts expectations.
Copart, Inc. (Copart) is a provider of online auctions and vehicle remarketing services with operations in the United States (U.S.), Canada, the United Kingdom (U.K.), Brazil, the Republic of Ireland, Germany, Finland, the United Arab Emirates (U.A.E.), Oman, Bahrain, and Spain. The Company operates through two segments: United States and International. The Company provides vehicle sellers with a range of services to process and sell vehicles primarily over the Internet through its virtual bidding third generation Internet auction-style sales technology (VB3). Its vehicle sellers consist primarily of insurance companies, but also include banks, finance companies, charities, fleet operators, dealers and from individuals. It sells the vehicles to licensed vehicle dismantlers, rebuilders, repair licensees, used vehicle dealers, exporters, and in some jurisdictions, to the general public.