Copart Inc
CPRT: XNAS (USA)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| %M | LOCK|t! | LOCK|?F^f&>Z |
Copart Earnings: Volume Woes Continue, but ACV Acquisition Makes Sense
Copart's stock rose over 7% in Sept. 10 after-hours trading after the company released fiscal fourth-quarter results and said it is buying nonsalvage auction firm ACV for about $1.9 billion in cash ($10.50 per share). The deal is targeted to close by the end of calendar 2026.
