Copart Stock: Is Wall Street Bullish or Bearish?

Dallas, Texas-based Copart, Inc. (CPRT) provides online auctions and vehicle remarketing services. With a market cap of $50.5 billion, the company's operations span the U.S., Canada, Brazil, and various European and Asian countries. Its services include facilitating transactions, estimating salvage value, transportation, financing, and more.

Copart has underperformed the broader market over the past year. CPRT stock is up 8.4% in 2024 and 15.6% over the past 52-week period, lagging behind the S&P 500 Index’s ($SPX) 20.3% gains on a YTD basis and 31.6% returns over the past year, respectively.