Copart, Inc. is a provider of online auctions and vehicle remarketing services. Co. offers services to process and sell vehicles to dealers, dismantlers, rebuilders, exporters and to the general public. It sells vehicles on behalf of insurance companies, banks, finance companies, charities, fleet operators, dealers, vehicle rental companies, and individuals. It has approximately 250,000 vehicles available online every day with operations at over 200 locations in 11 countries, including the U.S., Canada, the United Kingdom, Brazil, the Republic of Ireland, Germany, Finland, the United Arab Emirates, Oman, Bahrain and Spain. We show 64 historical shares outstanding datapoints in our CPRT shares outstanding history coverage, used to compute CPRT market cap on those dates.
Understanding the changing numbers of shares outstanding, the changing
share price, and the resulting changing CPRT market cap history over the course of time is important for investors
interested in comparing CPRT's market cap history versus its peers.
Many "beginner" or "novice" investors will look at one stock trading at a price of $10 per share and another trading at
a price of $20 per share and think the latter company is worth twice as much. Of course, that is a completely meaningless comparison without also knowing how many shares outstanding there are for each of the two companies,
and then calculating their respective market caps. Comparing the share price of CPRT versus a peer is one thing; comparing
CPRT market cap versus a peer is a completely different story.
Furthermore, via fluctuation both in per-share price and in the number of shares outstanding (via issuance of new shares over time, the repurchase of existing shares),
the market cap for a company like CPRT can fluctuate over the course of history.
With this page we aim to empower investors researching CPRT by allowing them to research the CPRT market cap history. |
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Video: The Importance of Market Cap
