Baird Cuts Copart (CPRT) PT to 52 Due to Persistent Insurance Industry Headwinds

In different news, Copart besides posted its Q3 2025 net study connected the aforesaid day, wherever the institution disclosed making a full gross for the 4th accrued conscionable nether 1% year-over-year to $1.16 billion, but showed 2.9% maturation erstwhile excluding the non-recurrence of catastrophic events from the anterior year. This led to a gross nett summation of 4.9% to $537 million, with the gross borderline improving by 1.84% to 46.5%. Net income roseate by 11.5% to $404 million, and EPS accrued by 10.8% to $0.41.

Profitability for the said 4th was mostly driven by an summation successful mean selling prices/ASPs and auction liquidity. Global security ASPs grew by 6.8%, with US security ASPs reaching an all-time high, expanding by 8.4% from the anterior year. This terms spot contributed to a 12.3% summation successful gross nett per interest portion and a higher US Gross Margin of 48.7%.

Copart Inc. (NASDAQ:CPRT) provides online auctions and conveyance remarketing services successful the US, the UK, Germany, Brazil, Canada, the UAE, Spain, Finland, Oman, the Republic of Ireland, and Bahrain.

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