Title Express is reducing inventory levels and in-yard times, which will improve Copart's margins and returns on capital. The increasing cash balance generates a 4.4% yield, and I expect buybacks to ...
Copart beefed up its South Florida portfolio, paying $65 million for a Palm Beach County auto yard where the company stores and sells used vehicles. An affiliate of Copart, a publicly traded firm ...
We knew this moment would come. It always happens since Dodge started delivering the Charger Daytona earlier this year. It always happens, regardless of the make and model. It was the same with the ...
Copart has a strong moat with network effects and scale economies, making it difficult for new entrants to replicate its success. The key demand drivers for Copart's services include miles driven, ...
Few modern cars are as legendary as the Lexus LFA. Built in extremely limited numbers and only for a single model year, every bit of its design is noteworthy. Sadly, this one left a wet roadway in ...
Shares of leading online vehicle auction platform Copart (NASDAQ: CPRT) were down 12% as of noon ET Friday, according to data provided by S&P Global Market Intelligence. Copart reported earnings on ...
Copart grew sales and earnings per share by 8% in the third quarter. However, analysts were expecting revenue growth of around 10%, causing today's drop. Ultimately, investors should give more ...
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