Copart, Inc.

The stock is in a deep corrective regime, trading well below its 200-day average after a long slide from the 52-week high of 50.11. It is hovering near the 52-week low of 28.075, which keeps the setup defensive until price can reclaim longer-term trend levels.

Street sentiment is constructive but cautious: the consensus sits at Buy, with an average target around 46.5 versus a much lower recent target cluster of 45 to 48. Recent revisions have leaned down, including Jefferies cutting to 45 and Baird trimming to 48, while Barclays remains Underweight.

The next print follows a mixed but workable beat pattern, with 4 of the last 7 quarters topping EPS estimates. Next-year EPS is still pointed higher to 1.6885 from a 1.61 TTM base, so shareholders should watch whether margin discipline keeps earnings growth ahead of modest revenue growth.

The pattern is net selling, led by CEO Jeffrey Liaw’s discretionary sale on 2026-04-15 alongside several automatic M-exempt transactions tied to the same period. Earlier gift transfers by Executive Chairman A. Jayson Adair look non-market and do not signal trading conviction.

Profitability remains strong, anchored by a 47.5% gross margin and a 33.48% net margin. Revenue grew 2.1% year over year and earnings grew 2.3%, while free cash flow reached 2.369 billion with 4.789 billion in cash and equivalents and only 103.7 million of debt.

Copart’s edge is its asset-light online salvage auction platform and scale across multiple geographies, which supports high margins versus most specialty services peers. The valuation still screens premium on quality, but the recent share price reset has narrowed that gap materially.