We came across a bullish thesis on Copart, Inc. on Andvari’s Substack by Douglas Ott. In this article, we will summarize the bulls’ thesis on CPRT. Copart, Inc.’s share was trading at $47.60 as of September 15th. CPRT’s trailing and forward P/E were 30.44 and 27.55 respectively according to Yahoo Finance.
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Copart has experienced recent softness in unit volumes, with global unit sales declining 0.9% in 4Q FY25 and U.S. sales down 1.8%,...
