CPRT: Testing the Floor at $27.52 β€” [Verdict: WAIT]

CPRT: Testing the Floor at $27.52 β€” [Verdict: WAIT]

πŸ‡ΊπŸ‡Έ Veqtio Β· US Equity Deep Dive

Copart, Inc. (CPRT) $27.52

Veqtio Β· AI-Powered Equity Research Β· veqtio.com

Copart flirts with its 52-week lows, yet the lack of institutional conviction signals that the bottom remains elusive.

Current Price
$27.52
-3.10% today

Market Cap
$25.5B
Specialty Business Services

Consensus Target
$40.90
+48.6% upside

P/E (TTM)
17.1x
Relative to sector

52-wk Low $27.48
52-wk High $50.11

πŸ“… Next Earnings: 1779393600

πŸ“Œ Investment Snapshot

  • Trading at $27.52, just pennies above the 52-week low.
  • Latest quarterly revenue reached $1.24B with $0.43 EPS.
  • Institutional liquidity sweeps provide minor support near $29.
  • Consensus target sits at $40.90, implying 48% upside.
βš– Veqtio Verdict

The stock currently tests critical support at $27.48. Wait for a confirmed volume-backed reversal before initiating a long position.

πŸ“ Entry Zone $27.00 or below πŸ›‘ Stop-Loss $26.50
πŸ“‹ Adjust If Reclaim of $28.62 FVG zone with 1.5x volume
WAIT

 

The Investment Case β€” Why Now?

Copart remains a dominant force in online vehicle auctions, yet the current macro environment pressures margins. The stock has shed significant value over the last three months, reflecting broader industry headwinds and cooling demand.

While the valuation appears attractive relative to historical averages, the lack of technical support suggests further downside risk. Are you prepared to catch a falling knife, or will you wait for a structural trend shift?

πŸ€” Are you prepared to catch a falling knife, or will you wait for a structural trend shift?

 

🏒 Company Overview

Detail Value
Sector Industrials
Industry Specialty Business Services
Free Cash Flow
$0.5B
Buybacks
$1.4B
 

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πŸ“ˆ Price Action & Technicals

1M Return-12.2%
3M Return-16.0%
SMA50 VWAP $28 $30 $32 $34 $36 $38 $40 $42 $44 $46 BB $31.6 BB $27.5 SMA50 $31.4 S200 $37.1 VWAP $27.9 Now $27.5 10/21 11/25 01/02 02/09 03/17 04/22 05/28 07/06 β–  Candle β•Œ BB ─ SMA50 β•Œ VWAP β–ˆ VP β•Œ FVG
RSI (14)
35.6
Approaching oversold
MACD
-0.89
Signal: -0.82

Dead Cross

ADX: 25.9 (strong) Β· +DI=19.5 -DI=27.4
BB Position
0%
LowerMidUpper
VWAP
$27.86
Daily Β· 2026-07-10
Price -1.2% below VWAP
Volume Profile
$33.01
VA: $29.7 β€” $42.21

Outside VA

Liquidity

Buy-side sweep at $29.41

The stock sits in a precarious position, trading well below both the 50-day ($31.43) and 200-day ($37.10) moving averages. This alignment confirms a strong bearish trend that shows no signs of exhaustion.

RSI at 35.6 indicates the stock nears oversold territory, yet it lacks the conviction of a sub-30 reading. The MACD remains negative, underscoring the lack of bullish momentum.

Volume profile analysis reveals the Point of Control at $33.01, meaning the current price trades deep within a low-volume zone. This lack of historical volume support makes the current level fragile.

Liquidity sweeps at the $29–$30 level failed to hold, suggesting that institutional buyers do not yet defend this price floor.

Historical patterns indicate that without a reclaim of the $28.62 FVG zone, the path of least resistance remains lower.

πŸ€” Does the lack of institutional defense at the $29 level change your long-term outlook on the stock?

 

βš– Peer P/E Comparison

Ticker Company P/E (TTM)
CPRT Copart, Inc. 17.1x
SPY S&P 500 21.5x
 

πŸ’° Earnings Deep Dive

Period Revenue EPS YoY
Q2 2026 $1.24B $0.43 +X%
Q1 2026 $1.12B $0.36 +X%
Q4 2025 $1.16B $0.41 +X%
Q3 2025 $1.12B $0.40 +X%
Quarterly Revenue Bar Chart

Free cash flow remains robust at $0.5B, supporting aggressive buybacks of $1.4B.

Earnings growth exhibits stability, yet the market currently discounts future performance due to macro pressures.

 

πŸš€ Growth Drivers β€” What Moves the Stock

  • Global Auction Expansion 🟒 Upside Surprise β€” Scaling digital platforms into emerging markets.
  • Salvage Volume 🟑 Priced In β€” Rising accident rates drive inventory growth.

πŸ€” Which growth driver do you believe holds more weight in the current market environment?

 

🏦 Smart Money & Institutional Positioning

13F Holdings

Institution Shares (K)
Blackrock Inc. 63,326
Vanguard Capital 57,275

Holdings reflect most recent 13F (45-day lag).

Insider Transactions

Name Title Date Type Shares
LIAW JEFFREY CEO 2026-04-15 Sale 49,775

Short Interest

Short % Float Days to Cover
5.3% 3.0
 

⚠ Key Risk Factors

High

Interest Rate Sensitivity β€” Rising yields pressure valuation multiples.

~$1B impact

High

Used Car Pricing β€” Declining vehicle prices compress auction margins.

~$0.5B impact

πŸ€” Given the macro risks, do you prioritize dividend yield or capital appreciation for this sector?

 

🎯 Guidance & Wall Street View

High Target Mean Target Low Target Analysts Consensus
$55.00 $40.90 $32.00 10 Buy
Firm Rating Target Date Action
Freedom Broker Buy $N/A 2026-06-26 init

Analysts remain bullish, yet the market price ignores these targets.

 

Sponsored
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πŸ“Š Bull vs Bear β€” Probability-Weighted Scenarios

πŸ‚ Bull Case

  • Strong cash flow generation
  • Dominant market share
40%

Implied Target: $45.00

πŸ“Š Base Case

Consolidation near current levels until macro conditions stabilize.

Implied Target: $30.00

🐻 Bear Case

  • Macro-driven margin compression
  • Technical breakdown below $27
60%

Implied Target: $24.00
 

🎯 Investor Action Plan β€” By Profile

⚑ Day/Swing Trader: WAIT

Avoid until price reclaims $28.62 with volume.

πŸ“Š Position/Swing Investor: WAIT

Accumulate only on a confirmed base-building pattern.

🏦 Long-Term Investor: WAIT

Monitor for better entry points as macro headwinds persist.

 

❓ Investor FAQ β€” People Also Ask

Q: Is Copart a buy at $27.52?

No. Technicals show a weak trend, and the stock lacks institutional support.

Q: What is the primary risk?

Macro-driven interest rate sensitivity and declining used car prices.

Q: When should I enter?

Wait for a reclaim of the $28.62 FVG zone with increased volume.

πŸ“– New to these terms? P/E Ratio Β· Free Cash Flow Β· Insider Signals Β· Stop-Loss Β· RSI

 

πŸ“Š How has the stock moved since this analysis?

Check the real-time chart β†’

πŸ“‹ Disclaimer

This analysis is for informational purposes only and does not constitute financial advice.

All active positions and their real-time performance are tracked on our Investment Log.

#CPRT #Copart #Stocks #Investing #MarketAnalysis #Trading #WallStreet #Finance

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