Sean Eldridge - Copart COO, Senior Vice President
| CPRT Stock | USD 53.20 0.82 1.52% |
President
Mr. Sean Eldridge is Chief Operating Officer Senior Vice President of the Company. Mr. Eldridge has served as our senior vice president and chief operating officer since March 2014 where he is responsible for all aspects of operations throughout North America since 2014.
| Age | 45 |
| Tenure | 10 years |
| Address | 14185 Dallas Parkway, Dallas, TX, United States, 75254 |
| Phone | 972 391 5000 |
| Web | https://www.copart.com |
Copart Management Efficiency
The company has return on total asset (ROA) of 0.1465 % which means that it generated a profit of $0.1465 on every $100 spent on assets. This is way below average. Similarly, it shows a return on stockholder's equity (ROE) of 0.2256 %, meaning that it created $0.2256 on every $100 dollars invested by stockholders. Copart's management efficiency ratios could be used to measure how well Copart manages its routine affairs as well as how well it operates its assets and liabilities. Return On Tangible Assets is likely to drop to 0.14 in 2024. Return On Capital Employed is likely to drop to 0.18 in 2024. At this time, Copart's Total Current Liabilities is comparatively stable compared to the past year. Liabilities And Stockholders Equity is likely to gain to about 8.1 B in 2024, whereas Non Current Liabilities Total is likely to drop slightly above 221.1 M in 2024.Similar Executives
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Management Performance
| Return On Equity | 0.23 | ||||
| Return On Asset | 0.15 |
Copart Inc Leadership Team
Elected by the shareholders, the Copart's board of directors comprises two types of representatives: Copart inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Copart. The board's role is to monitor Copart's management team and ensure that shareholders' interests are well served. Copart's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Copart's outside directors are responsible for providing unbiased perspectives on the board's policies.
| Thomas Wylie, Senior Vice President - Human Resources | ||
| Vincent Mitz, Pres and Director | ||
| Paul Styer, Senior Vice President General Counsel, Corporate Secretary | ||
| James Meeks, Independent Director | ||
| Steven Cohan, Independent Director | ||
| Leah Stearns, Chief Officer | ||
| Steve Powers, Chief Officer | ||
| David Kang, Chief Officer | ||
| Diane Morefield, Director | ||
| Anthony Cristello, Senior Vice President - Business Development | ||
| Paul Kirkpatrick, Chief Secretary | ||
| Scott Booker, Chief Officer | ||
| John Lindle, Senior Vice President - Strategic Growth | ||
| Matthew Burgener, Senior Vice President - Marketing | ||
| Thomas Tryforos, Independent Director | ||
| Hessel Verhage, Chief Officer | ||
| Rama Prasad, CTO and Sr. VP | ||
| Robert Vannuccini, Chief Sales Officer and Sr. VP of Sales | ||
| Daniel Englander, Independent Director | ||
| William Franklin, CFO, Executive Vice President United States | ||
| Gregory DePasquale, Senior Vice President General Counsel, Secretary | ||
| Nigel Paget, Managing UK | ||
| Sean Eldridge, COO, Senior Vice President | ||
| Vikrant Bhatia, Senior Vice President - Strategic Initiatives | ||
| Gavin Renfrew, Interim Officer | ||
| Jeffrey Liaw, CFO, Senior Vice President - Finance | ||
| Willis Johnson, Founder and Executive Chairman | ||
| Jayson Adair, Executive Chairman | ||
| Matt Blunt, Independent Director | ||
| Stephen Fisher, Director |
Copart Stock Performance Indicators
The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is Copart a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.
| Return On Equity | 0.23 | ||||
| Return On Asset | 0.15 | ||||
| Profit Margin | 0.33 % | ||||
| Operating Margin | 0.37 % | ||||
| Current Valuation | 49.76 B | ||||
| Shares Outstanding | 961.46 M | ||||
| Shares Owned By Insiders | 9.20 % | ||||
| Shares Owned By Institutions | 83.47 % | ||||
| Number Of Shares Shorted | 13.76 M | ||||
| Price To Earning | 29.02 X |
Copart Investors Sentiment
The influence of Copart's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in Copart. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock market does not have solid backing from leading economists and market statisticians.
Investor biases related to Copart's public news can be used to forecast risks associated with an investment in Copart. The trend in average sentiment can be used to explain how an investor holding Copart can time the market purely based on public headlines and social activities around Copart Inc. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Copart's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Copart's and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average Copart's news discussions. The higher the estimated score, the more favorable is the investor's outlook on Copart.
Copart Implied Volatility | 62.87 |
Copart's implied volatility exposes the market's sentiment of Copart Inc stock's possible movements over time. However, it does not forecast the overall direction of its price. In a nutshell, if Copart's implied volatility is high, the market thinks the stock has potential for high price swings in either direction. On the other hand, the low implied volatility suggests that Copart stock will not fluctuate a lot when Copart's options are near their expiration.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Copart in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Copart's short interest history, or implied volatility extrapolated from Copart options trading.
Pair Trading with Copart
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Copart position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Copart will appreciate offsetting losses from the drop in the long position's value.Moving together with Copart Stock
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| 0.87 | WM | Waste Management Earnings Call This Week | PairCorr |
| 0.91 | VSEC | VSE Corporation Financial Report 6th of May 2024 | PairCorr |
Moving against Copart Stock
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| 0.78 | ACCO | Acco Brands Financial Report 2nd of May 2024 | PairCorr |
| 0.77 | ARC | ARC Document Solutions Financial Report 1st of May 2024 | PairCorr |
The ability to find closely correlated positions to Copart could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Copart when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Copart - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Copart Inc to buy it.
The correlation of Copart is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Copart moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Copart Inc moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Copart can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Copart Inc. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in metropolitan statistical area. You can also try the Portfolio Rebalancing module to analyze risk-adjusted returns against different time horizons to find asset-allocation targets.
Complementary Tools for Copart Stock analysis
When running Copart's price analysis, check to measure Copart's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Copart is operating at the current time. Most of Copart's value examination focuses on studying past and present price action to predict the probability of Copart's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Copart's price. Additionally, you may evaluate how the addition of Copart to your portfolios can decrease your overall portfolio volatility.
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Is Copart's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Copart. If investors know Copart will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Copart listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 0.1 | Earnings Share 1.4 | Revenue Per Share 4.242 | Quarterly Revenue Growth 0.066 | Return On Assets 0.1465 |
The market value of Copart Inc is measured differently than its book value, which is the value of Copart that is recorded on the company's balance sheet. Investors also form their own opinion of Copart's value that differs from its market value or its book value, called intrinsic value, which is Copart's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Copart's market value can be influenced by many factors that don't directly affect Copart's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Copart's value and its price as these two are different measures arrived at by different means. Investors typically determine if Copart is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Copart's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.