Copart Future Growth

Future criteria checks 2/6

Copart is forecast to grow earnings and revenue by 9.4% and 9.4% per annum respectively. EPS is expected to grow by 9.2% per annum. Return on equity is forecast to be 16.5% in 3 years.

Key information

9.4%

Earnings growth rate

9.2%

EPS growth rate

Commercial Services earnings growth	15.0%
Revenue growth rate	9.4%
Future return on equity	16.5%
Analyst coverage	Good
Last updated	08 Apr 2024

Recent future growth updates

Recent updates

An Intrinsic Calculation For Copart, Inc. (NASDAQ:CPRT) Suggests It's 41% Undervalued

Jun 17

Copart: Impressive Quarterly Sales Growth Along With Many Risks

Jun 14

With EPS Growth And More, Copart (NASDAQ:CPRT) Is Interesting

Jun 05

Is There Now An Opportunity In Copart, Inc. (NASDAQ:CPRT)?

May 12

Copart (NASDAQ:CPRT) Has A Rock Solid Balance Sheet

Apr 28

Copart (NASDAQ:CPRT) Is Aiming To Keep Up Its Impressive Returns

Mar 28

Copart: Growth Will Determine Everything

Mar 14

Here's Why We Think Copart (NASDAQ:CPRT) Is Well Worth Watching

Mar 03

Is Now An Opportune Moment To Examine Copart, Inc. (NASDAQ:CPRT)?

Feb 07

Copart (NASDAQ:CPRT) Could Easily Take On More Debt

Jan 26

Calculating The Fair Value Of Copart, Inc. (NASDAQ:CPRT)

Jan 14

Copart: Another Impressive Quarter

Dec 25

What Does Copart, Inc.'s (NASDAQ:CPRT) Share Price Indicate?

Oct 29

Is Copart (NASDAQ:CPRT) Using Too Much Debt?

Oct 16

Are Copart, Inc. (NASDAQ:CPRT) Investors Paying Above The Intrinsic Value?

Oct 03

Copart (NASDAQ:CPRT) Might Become A Compounding Machine

Sep 20

Copart Inc.: Used Car Prices Driving Earnings

Sep 17

Do Copart's (NASDAQ:CPRT) Earnings Warrant Your Attention?

Aug 25

Is There Now An Opportunity In Copart, Inc. (NASDAQ:CPRT)?

Jul 29

Copart (NASDAQ:CPRT) Seems To Use Debt Rather Sparingly

Jul 16

Earnings and Revenue Growth Forecasts

NasdaqGS:CPRT - Analysts future estimates and past financials data (USD Millions)
Date	Revenue	Earnings	Free Cash Flow	Cash from Op	Avg. No. Analysts
7/31/2026	5,085	1,727	1,413	1,834	5
7/31/2025	4,603	1,591	1,344	1,736	11
7/31/2024	4,226	1,404	1,052	1,576	11
1/31/2024	4,060	1,356	856	1,401	N/A
10/31/2023	3,997	1,324	902	1,428	N/A
7/31/2023	3,870	1,238	848	1,364	N/A
4/30/2023	3,755	1,154	869	1,318	N/A
1/31/2023	3,673	1,082	792	1,230	N/A
10/31/2022	3,584	1,076	750	1,176	N/A
7/31/2022	3,501	1,090	839	1,177	N/A
4/30/2022	3,366	1,082	759	1,093	N/A
1/31/2022	3,160	1,091	708	1,044	N/A
10/31/2021	2,910	997	664	1,045	N/A
7/31/2021	2,693	936	528	991	N/A
4/30/2021	2,470	846	560	1,029	N/A
1/31/2021	2,286	707	479	954	N/A
10/31/2020	2,244	682	357	964	N/A
7/31/2020	2,206	700	326	918	N/A
4/30/2020	2,222	688	242	844	N/A
1/31/2020	2,225	733	151	788	N/A
10/31/2019	2,135	696	308	751	N/A
7/31/2019	2,042	592	273	647	N/A
4/30/2019	1,949	548	244	611	N/A
1/31/2019	1,874	483	250	564	N/A
10/31/2018	1,848	454	241	549	N/A
7/31/2018	1,806	418	247	535	N/A
4/30/2018	1,735	378	294	521	N/A
1/31/2018	1,631	342	332	523	N/A
10/31/2017	1,521	304	N/A	511	N/A
7/31/2017	1,448	394	N/A	492	N/A
4/30/2017	1,402	408	N/A	472	N/A
1/31/2017	1,375	392	N/A	405	N/A
10/31/2016	1,326	385	N/A	330	N/A
7/31/2016	1,268	270	N/A	332	N/A
4/30/2016	1,218	244	N/A	270	N/A
1/31/2016	1,168	227	N/A	260	N/A
10/31/2015	1,145	220	N/A	259	N/A
7/31/2015	1,146	220	N/A	265	N/A
4/30/2015	1,151	213	N/A	258	N/A
1/31/2015	1,164	197	N/A	276	N/A
10/31/2014	1,174	190	N/A	278	N/A
7/31/2014	1,163	179	N/A	263	N/A
4/30/2014	1,140	169	N/A	224	N/A
1/31/2014	1,108	181	N/A	222	N/A
10/31/2013	1,087	176	N/A	192	N/A
7/31/2013	1,046	180	N/A	199	N/A
4/30/2013	1,009	184	N/A	216	N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: CPRT's forecast earnings growth (9.4% per year) is above the savings rate (2.3%).

Earnings vs Market: CPRT's earnings (9.4% per year) are forecast to grow slower than the US market (14.6% per year).

High Growth Earnings: CPRT's earnings are forecast to grow, but not significantly.

Revenue vs Market: CPRT's revenue (9.4% per year) is forecast to grow faster than the US market (8% per year).

High Growth Revenue: CPRT's revenue (9.4% per year) is forecast to grow slower than 20% per year.

Earnings per Share Growth Forecasts

Future Return on Equity

Future ROE: CPRT's Return on Equity is forecast to be low in 3 years time (16.5%).

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Copart Future Growth

Future criteria checks 2/6

Key information

Recent future growth updates

Price target increased by 9.2% to US$51.51

Price target increased by 11% to US$87.29

Price target increased to US$163

Recent updates

Investors Could Be Concerned With Copart's (NASDAQ:CPRT) Returns On Capital

Executive Chairman recently sold US$35m worth of stock

Copart: Rating Upgrade As I See Volume Growth Driven By Structural Cause

Copart: How Much Of Its Growth Is Already Priced In?

Copart, Inc. Announces Executive Changes, Effective April 1, 2024

Second quarter 2024 earnings: EPS misses analyst expectations

Copart, Inc. to Report Q2, 2024 Results on Feb 22, 2024

Earnings Not Telling The Story For Copart, Inc. (NASDAQ:CPRT)

Is Now The Time To Look At Buying Copart, Inc. (NASDAQ:CPRT)?

Copart: A Wonderful Business Offering Market Average Returns Due To Valuation

Copart (NASDAQ:CPRT) Has A Rock Solid Balance Sheet

Copart, Inc. Announces Executive Appointments

Here's Why Copart (NASDAQ:CPRT) Has Caught The Eye Of Investors

Founder & Executive Chairman recently sold US$5.0m worth of stock

Price target increased by 9.2% to US$51.51

First quarter 2024 earnings: EPS and revenues exceed analyst expectations

Why You Should Care About Copart's (NASDAQ:CPRT) Strong Returns On Capital

Copart, Inc. to Report Q1, 2024 Results on Nov 16, 2023

Copart, Inc., Annual General Meeting, Dec 08, 2023

At US$45.75, Is It Time To Put Copart, Inc. (NASDAQ:CPRT) On Your Watch List?

Is Copart (NASDAQ:CPRT) Using Too Much Debt?

Full year 2023 earnings: EPS exceeds analyst expectations

Copart (NASDAQ:CPRT) Ticks All The Boxes When It Comes To Earnings Growth

Copart, Inc. to Report Q4, 2023 Results on Sep 14, 2023

New minor risk - Share price stability

Copart (NASDAQ:CPRT) Will Want To Turn Around Its Return Trends

Co-CEO & Director recently sold US$26m worth of stock

Is Copart (NASDAQ:CPRT) A Risky Investment?

Is It Too Late To Consider Buying Copart, Inc. (NASDAQ:CPRT)?

Is Now The Time To Put Copart (NASDAQ:CPRT) On Your Watchlist?

Third quarter 2023 earnings: EPS and revenues exceed analyst expectations

Price target increased by 11% to US$87.29

Copart, Inc. to Report Q3, 2023 Results on May 16, 2023

Be Wary Of Copart (NASDAQ:CPRT) And Its Returns On Capital

Estimating The Fair Value Of Copart, Inc. (NASDAQ:CPRT)

When Should You Buy Copart, Inc. (NASDAQ:CPRT)?

Second quarter 2023 earnings: EPS and revenues exceed analyst expectations

Copart, Inc. to Report Q2, 2023 Results on Feb 20, 2023

Copart (NASDAQ:CPRT) Has A Pretty Healthy Balance Sheet

A Look Into Copart's (NASDAQ:CPRT) Impressive Returns On Capital

A Look At The Fair Value Of Copart, Inc. (NASDAQ:CPRT)

Do Copart's (NASDAQ:CPRT) Earnings Warrant Your Attention?

Copart, Inc. Announces Executive Changes

First quarter 2023 earnings: EPS misses analyst expectations

Copart, Inc. to Report Q1, 2023 Results on Nov 16, 2022

Copart, Inc., Annual General Meeting, Dec 02, 2022

Is Copart (NASDAQ:CPRT) A Risky Investment?

A Look Into Copart's (NASDAQ:CPRT) Impressive Returns On Capital

Copart, Inc. Appoints Gavin Renfrew as Principal Financial Officer and Principal Accounting Officer on an Interim Basis

Are Investors Undervaluing Copart, Inc. (NASDAQ:CPRT) By 37%?

Copart's Q2: Thinking Like Owners

Here's Why We Think Copart (NASDAQ:CPRT) Might Deserve Your Attention Today

Full year 2022 earnings: Revenues and EPS in line with analyst expectations

Copart Q4 2022 Earnings Preview

Now 20% undervalued

Copart, Inc. to Report Q4, 2022 Results on Sep 07, 2022

At US$131, Is It Time To Put Copart, Inc. (NASDAQ:CPRT) On Your Watch List?

Copart (NASDAQ:CPRT) Has A Rock Solid Balance Sheet

Copart, Inc. Announces Resignation of John North as Chief Financial Officer, Effective August 31, 2022

Why You Should Care About Copart's (NASDAQ:CPRT) Strong Returns On Capital

Copart: Online Automotive Auction Market Leader

An Intrinsic Calculation For Copart, Inc. (NASDAQ:CPRT) Suggests It's 41% Undervalued

Copart: Impressive Quarterly Sales Growth Along With Many Risks

With EPS Growth And More, Copart (NASDAQ:CPRT) Is Interesting

Lead Independent Director exercised options and sold US$7.7m worth of stock

Third quarter 2022 earnings: EPS and revenues exceed analyst expectations

Copart, Inc. to Report Q3, 2022 Results on May 18, 2022

Is There Now An Opportunity In Copart, Inc. (NASDAQ:CPRT)?

Copart (NASDAQ:CPRT) Has A Rock Solid Balance Sheet

Copart, Inc. Promotes Jeff Liaw to Co-Chief Executive Officer, Effective April 1, 2022

Copart (NASDAQ:CPRT) Is Aiming To Keep Up Its Impressive Returns

Copart: Growth Will Determine Everything