What Happened?
Shares of online vehicle auction company Copart (NASDAQ:CPRT) fell 11.4% in the afternoon session after the company reported weak first quarter 2025 result that missed Wall Street's sales and EBITDA estimates, while earnings were in line. Overall this was a weaker quarter.
The stock market overreacts to news, and big price drops can present good opportunities to buy high-quality stocks. Is now the time to buy Copart? Access our full analysis report here, it’s free.
What The Market Is Telling Us
Copart’s shares are not very volatile and have only had 3 moves greater than 5% over the last year. Moves this big are rare for Copart and indicate this news significantly impacted the market’s perception of the business.
Copart is down 3.9% since the beginning of the year, and at $54.13 per share, it is trading 15.2% below its 52-week high of $63.84 from May 2025. Investors who bought $1,000 worth of Copart’s shares 5 years ago would now be looking at an investment worth $2,453.
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