Copart Shares Lag Sector with 30% Yearly Drop Versus 33.5% ETF Gain
Copart’s shares have dropped 40.6% below their 52-week high of $63.85 and are down 30.1% over the past year while the industrial sector ETF gained 33.5%. In its Feb. 19 quarter, revenue fell 3.6% to $1.12B and net income slid 9.5% to $350.7M.
1. Stock Performance Versus Sector
Copart’s shares trade 40.6% below their 52-week high of $63.85 and have fallen 30.1% over the past year, contrasting with a 33.5% gain on the industrial sector ETF and a 13.5% rally in that ETF over the last three months.
2. Technical Indicators and Moving Averages
The stock briefly climbed above its 50-day moving average of $39.12 in mid-August and January but has since slipped back below that level and has remained under the 200-day average of $44.34 since June, reflecting sustained selling pressure.
3. Q2 2026 Financial Results
For the quarter ended Feb. 19, revenue declined 3.6% year-over-year to $1.12 billion, net income fell 9.5% to $350.7 million, and diluted EPS eased 10% to $0.36, all falling short of expectations and triggering a 3.1% share drop.