TSX open
Loading markets…
Stocks

Copart’s “Cheap Based on Earnings” Headline: What Investors Should Know

By Wealth Awesome -

Follow live quotes and coverage.

Stocks & ETFs:CPRT.US

Follow CPRT

Photos provided by Pexels

A Nov. 3 headline says Copart stock looks cheap based on earnings. But the supplied facts don’t include the analysis behind that claim.

The headline is a valuation opinion, not a company announcement. Copart’s latest supplied close was US$31.63, and its P/E ratio was 19.4387. The facts don’t provide a comparison or explain how the headline reached its conclusion.

Investor takeaway: The figures show Copart’s price, earnings multiple and recent trading activity. They don’t establish whether the stock is cheap.

Copart Inc

CPRT.US

Full stock page →

CPRT.US

Copart Inc

Source:WealthAwesomeWealthAwesome
↓ $1.01 (-3.07%)
120 day period
$26.27$30.34$34.40May 13Aug 10Nov 2

Market cap

$27.91B

P/E

19.4x

52W high

$42.95

52W low

$25.72

1W change

+9.54%

Beta

1.06

Analyst Price Targets

Based on 12 analysts covering CPRT · as of Oct 5, 2026

📈

Wall Street analysts forecast CPRT stock price to rise 22.1% over the next 12 months.

Consensus

Buy

3.75 / 5.00

Avg. Target

C$39.00

+22.1% Upside

Current Price

C$31.93

Last close

Analyst Breakdown (12 analysts)

Strong Buy 3
Buy 4
Hold 4
Sell 1
Compare analyst targets →

Targets are snapshotted when they change. Unchanged figures keep their original date. Not financial advice.

Wealth Awesome Price Forecast

WA Model

Statistical 90-day price range based on CPRT's historical volatility

HistoricalForecast68%95%
C$22.54C$29.31C$36.08C$42.85C$49.62C$56.38TodayJun 26Aug 31Nov 2Dec 15Jan 28Mar 12

30-Day Vol

35.8%

Annualized

90-Day Vol

41.8%

Annualized

Trend (90d)

+31.0%

Annualized drift

90d Mean

C$35.66

Expected price

HorizonExpected68% Range (1σ)
30 trading daysC$33.13C$29.27 – C$37.49
60 trading daysC$34.37C$28.86 – C$40.94
90 trading daysC$35.66C$28.79 – C$44.19

Methodology: Range is calculated using 30-day realized volatility via geometric Brownian motion (log-normal model). 68% band = ±1σ, 95% band = ±2σ. This is a statistical model, not a prediction. Past volatility does not guarantee future results. Not financial advice.

Copart’s P/E ratio: 19.4387

The headline calls Copart cheap based on earnings, but the supplied facts include no comparison with peers, historical valuations or other benchmarks to support that view.

Bull case

Copart’s supplied fundamentals include a 31.8% profit margin, 16.2% return on equity and US$1.55 in trailing-twelve-month EPS.

Bear case

The facts don’t explain how the headline assessed valuation. Copart’s latest close was also below its 200-day moving average.

What happened: a valuation headline, not a company announcement

The Nov. 3 headline, “Copart (CPRT) Stock Looks Cheap Based On Its Earnings Price,” expresses an opinion about the company’s valuation. The supplied facts include no new earnings release, company statement or details about the calculation behind the claim. They also don’t say which earnings period or comparison supports the word “cheap.” So the event to assess is the headline, not a confirmed change in Copart’s business. Investors can visit the Copart stock page, but the available facts aren’t enough to verify the valuation claim.

What the numbers show: US$31.63 close and a 19.4387 P/E

Copart’s latest supplied closing price was US$31.63, and its P/E ratio was 19.4387. The supplied data also lists trailing-twelve-month EPS of US$1.55, a 31.8% profit margin and 16.2% return on equity. These figures describe earnings and profitability, but they don’t show whether the stock is inexpensive without a peer group, historical P/E range or stated valuation method.

The stock gained 5.97% in one day and 17.30% over one month, while its year-to-date performance was down 15.46%. Latest volume was 1,121,140 shares, compared with a 20-day average of 11,892,246 shares. The supplied volume ratio was 1.01x. The close was US$29.57 above the 50-day moving average and US$0.74 below the 200-day moving average.

What to watch next: the basis for the earnings comparison

The key question is which earnings measure and benchmark the headline uses. The supplied facts don’t say whether the claim relies on Copart’s reported results, an estimate, comparisons with other companies or the stock’s past valuation. No new company filing or earnings announcement is included to clarify this.

Copart’s stock page also lists analyst information, but the headline isn’t a company disclosure or a verified conclusion based on the figures provided. Until the comparison is clear, the P/E and EPS are reference points, not proof that the shares are cheap.

Wealth Awesome
Written by

Wealth Awesome

Timely coverage of Canadian stocks, earnings, dividends, and market movers for DIY investors. Stories are checked against exchange data and public filings.

View Full Profile →

✅ Reviewed by Certified Financial Professionals

This content has been reviewed by CFA® charterholders and Certified Financial Planners (CFP®) with over a decade of experience in Canadian financial markets. All information is fact-checked against official Canadian sources and regulations.

Why these credentials matter: CFA® charterholders complete 900+ hours of rigorous study in investment analysis and ethics. CFP® professionals are held to the highest standards of financial planning competency and fiduciary duty in Canada.

📊 Data AccuracyVerified sources
🇨🇦 Canadian FocusLocal expertise
🔍 Fact-CheckedEditorial review

⚠️ Professional Disclaimer

This content is for educational purposes only and should not be considered personalized financial advice. While our team brings professional expertise, individual circumstances vary. For personalized guidance, consult with a qualified financial advisor, tax professional, or mortgage specialist.

Published: November 3, 2026
Last Updated: November 3, 2026

Core portfolio

Awesome Portfolio™

14.8% a year since 2017, against 9.7% for the S&P/TSX Composite. Ten stocks, easy to manage. We update it once a month.

Annualized

+14.8%

Awesome Portfolio™

+9.7%

S&P/TSX

+5.0 pp better a year

Total return

+254%

Awesome Portfolio™

+134%

S&P/TSX

+119 pp better than the TSX

2017-07-31 to 2026-09-29, dividends reinvested, before fees and tax.

Awesome Portfolio™S&P/TSX CompositeCumulative return · 2017-07-31–2026-09-29
-11.7%42.5%96.7%150.9%205.1%259.3%Jul 17Oct 19Feb 22Jun 24Sep 26