Copart Free Cash Flow Per Share from 2010 to 2024

CPRT Stock  USD 57.92  0.68  1.19%   
Copart Free Cash Flow Per Share yearly trend continues to be comparatively stable with very little volatility. Free Cash Flow Per Share is likely to outpace its year average in 2024. Free Cash Flow Per Share is the amount of cash Copart Inc generates after accounting for capital expenditures, divided by the number of outstanding shares. It represents the cash available for dividends, share buybacks, or debt repayment per share. View All Fundamentals
 
Free Cash Flow Per Share  
First Reported
2010-12-31
Previous Quarter
0.8
Current Value
0.84
Quarterly Volatility
0.31903104
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Copart financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Copart main balance sheet or income statement drivers, such as Depreciation And Amortization of 192.8 M, Interest Expense of 79.6 M or Total Revenue of 4.7 B, as well as many exotic indicators such as Short Term Coverage Ratios of 80.37, Price Earnings Ratio of 19.98 or Price To Sales Ratio of 10.29. Copart financial statements analysis is a perfect complement when working with Copart Valuation or Volatility modules.
  
This module can also supplement Copart's financial leverage analysis and stock options assessment as well as various Copart Technical models . Check out the analysis of Copart Correlation against competitors.

Latest Copart's Free Cash Flow Per Share Growth Pattern

Below is the plot of the Free Cash Flow Per Share of Copart Inc over the last few years. It is the amount of cash a company generates after accounting for capital expenditures, divided by the number of outstanding shares. It represents the cash available for dividends, share buybacks, or debt repayment per share. Copart's Free Cash Flow Per Share historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Copart's overall financial position and show how it may be relating to other accounts over time.
Free Cash Flow Per Share10 Years Trend
Slightly volatile
   Free Cash Flow Per Share   
       Timeline  

Copart Free Cash Flow Per Share Regression Statistics

Arithmetic Mean0.39
Coefficient Of Variation81.25
Mean Deviation0.27
Median0.30
Standard Deviation0.32
Sample Variance0.10
Range0.9038
R-Value0.92
Mean Square Error0.02
R-Squared0.85
Slope0.07
Total Sum of Squares1.42

Copart Free Cash Flow Per Share History

2024 0.84
2023 0.8
2022 0.89
2021 0.88
2020 0.56
2019 0.34
2018 0.3

About Copart Financial Statements

There are typically three primary documents that fall into the category of financial statements. These documents include Copart income statement, its balance sheet, and the statement of cash flows. Copart investors use historical funamental indicators, such as Copart's Free Cash Flow Per Share, to determine how well the company is positioned to perform in the future. Although Copart investors may use each financial statement separately, they are all related. The changes in Copart's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Copart's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on Copart Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Copart. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for 2024
Free Cash Flow Per Share 0.80  0.84 

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

    
  17.54  
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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Moving against Copart Stock

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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.
Pair CorrelationCorrelation Matching
When determining whether Copart Inc is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if Copart Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Copart Inc Stock. Highlighted below are key reports to facilitate an investment decision about Copart Inc Stock:
Check out the analysis of Copart Correlation against competitors.
You can also try the Instant Ratings module to determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance.

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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.