← Copart overview

Copart vs JMT Network Services: why the prices moved differently

Weekly · monthly · quarterly news summaries, side by side in time

Copart Inc (CPRT)

Q3 2026
▲1▼1

Copart's $1.9B ACV Deal and Weak Q4 Profits Shape the Story

  • Copart to buy ACV Auctions for $1.9B Copart agreed to acquire digital auction platform ACV for $1.9 billion in cash, a 45% premium. The deal adds ACV's 800k annual vehicle sales and $10B merchandise value, expanding Copart's dealer auction reach. Funded from cash, it's expected to be accretive by fiscal 2028. Shares rose 7% on the news.

    This is the biggest new event, directly explaining the stock's recent jump and future growth path.

  • Q4 profit falls 17.4% as margins shrink Copart's fiscal Q4 net income dropped 17.4% to $327.4 million, and earnings per share fell to $0.35 from $0.41. Gross profit declined 5.5%. Full-year revenue barely grew, up 0.4%. The weak profit shows the core business is under pressure, which weighs on the stock.

    This is the key counterweight: despite the deal excitement, underlying profits are shrinking.

  • Q2 revenue beat but EPS missed; stock jumped 9.5% Copart's Q2 revenue of $1.15 billion beat estimates, but GAAP EPS of $0.35 missed the $0.38 consensus. Operating margin fell to 32% from 36.7%, and free cash flow margin dropped to 24.2%. Despite the miss, the stock jumped 9.5%, likely on the revenue beat and deal news.

    This earnings report shows the mixed fundamental picture that investors are weighing alongside the acquisition.

  • Copart in talks to buy CCC Intelligent Solutions Copart is reportedly in talks to acquire CCC, a digital claims platform, competing with private equity firms. The deal would combine Copart's salvage auctions with CCC's software. But Barclays cut its price target to $25 with an Underweight rating, citing potential volume declines from insurance contract changes.

    This potential acquisition adds another strategic move, but the analyst downgrade highlights risks.

September 2026
▲1▼1

Copart's $1.9B ACV Deal and Weak Q4 Profits Shape the Story

  • Copart to buy ACV Auctions for $1.9B Copart agreed to acquire digital auction platform ACV for $1.9 billion in cash, a 45% premium. The deal adds ACV's 800k annual vehicle sales and $10B merchandise value, expanding Copart's dealer auction reach. Funded from cash, it's expected to be accretive by fiscal 2028. Shares rose 7% on the news.

    This is the biggest new event, directly explaining the stock's recent jump and future growth path.

  • Q4 profit falls 17.4% as margins shrink Copart's fiscal Q4 net income dropped 17.4% to $327.4 million, and earnings per share fell to $0.35 from $0.41. Gross profit declined 5.5%. Full-year revenue barely grew, up 0.4%. The weak profit shows the core business is under pressure, which weighs on the stock.

    This is the key counterweight: despite the deal excitement, underlying profits are shrinking.

  • Q2 revenue beat but EPS missed; stock jumped 9.5% Copart's Q2 revenue of $1.15 billion beat estimates, but GAAP EPS of $0.35 missed the $0.38 consensus. Operating margin fell to 32% from 36.7%, and free cash flow margin dropped to 24.2%. Despite the miss, the stock jumped 9.5%, likely on the revenue beat and deal news.

    This earnings report shows the mixed fundamental picture that investors are weighing alongside the acquisition.

  • Copart in talks to buy CCC Intelligent Solutions Copart is reportedly in talks to acquire CCC, a digital claims platform, competing with private equity firms. The deal would combine Copart's salvage auctions with CCC's software. But Barclays cut its price target to $25 with an Underweight rating, citing potential volume declines from insurance contract changes.

    This potential acquisition adds another strategic move, but the analyst downgrade highlights risks.

Latest
▲1▼1

Copart's $1.9B ACV Deal and Weak Q4 Profits Shape the Story

  • Copart to buy ACV Auctions for $1.9B Copart agreed to acquire digital auction platform ACV for $1.9 billion in cash, a 45% premium. The deal adds ACV's 800k annual vehicle sales and $10B merchandise value, expanding Copart's dealer auction reach. Funded from cash, it's expected to be accretive by fiscal 2028. Shares rose 7% on the news.

    This is the biggest new event, directly explaining the stock's recent jump and future growth path.

  • Q4 profit falls 17.4% as margins shrink Copart's fiscal Q4 net income dropped 17.4% to $327.4 million, and earnings per share fell to $0.35 from $0.41. Gross profit declined 5.5%. Full-year revenue barely grew, up 0.4%. The weak profit shows the core business is under pressure, which weighs on the stock.

    This is the key counterweight: despite the deal excitement, underlying profits are shrinking.

  • Q2 revenue beat but EPS missed; stock jumped 9.5% Copart's Q2 revenue of $1.15 billion beat estimates, but GAAP EPS of $0.35 missed the $0.38 consensus. Operating margin fell to 32% from 36.7%, and free cash flow margin dropped to 24.2%. Despite the miss, the stock jumped 9.5%, likely on the revenue beat and deal news.

    This earnings report shows the mixed fundamental picture that investors are weighing alongside the acquisition.

  • Copart in talks to buy CCC Intelligent Solutions Copart is reportedly in talks to acquire CCC, a digital claims platform, competing with private equity firms. The deal would combine Copart's salvage auctions with CCC's software. But Barclays cut its price target to $25 with an Underweight rating, citing potential volume declines from insurance contract changes.

    This potential acquisition adds another strategic move, but the analyst downgrade highlights risks.

JMT Network Services Public Company Limited (JMT.BK)

Q3 2026
▲3

JMT's bad-debt pipeline revives as state stimulus lifts recovery hopes

  • NPL supply returns, Q3/Q4 profit seen improving Banks are again auctioning bad-debt portfolios after a long lull, giving JMT more to buy. The CEO says Q3 2026 earnings should beat Q2, with possible lower bad-loan provisions as borrowers repay better. More supply means more future income.

    This is the core new operational driver: rising NPL supply directly feeds JMT's debt-buying and future collections.

  • Government stimulus supports debtors' ability to pay Thailand's 57.5-billion-baht stimulus, including bigger welfare-card allowances and the Thai Chuay Thai Plus co-payment, puts cash in consumers' hands. Broker KSS names JMT a beneficiary because better household finances mean debtors are more likely to repay, lifting collections.

    It explains a new external force that improves JMT's collection rates and was explicitly cited by a broker as a reason to own the stock.

  • Broker raises target to 13 baht, sees best quarter ahead ASL Securities keeps a Buy rating and 13-baht target, saying Q4 2026 could be the year's best quarter as collections accelerate and NPL supply rises. JMT also raised its debt-purchase budget to 2 billion baht, aiming for a portfolio near 600 billion baht.

    It shows analyst conviction and a concrete budget increase that signals management expects growth, both supporting the share price.

  • Weak first-half profit and lower Q2 weigh on sentiment JMT's Q2 2026 profit fell 5% from a year earlier and first-half profit dropped 15.7%, with collection flat and its JK AMC unit weaker. That is a real counterweight: the recovery story depends on the second half actually delivering.

    It provides the honest counterbalance — recent results are still soft, so the positive outlook is not yet proven.

September 2026
▲3

JMT's bad-debt pipeline revives as state stimulus lifts recovery hopes

  • NPL supply returns, Q3/Q4 profit seen improving Banks are again auctioning bad-debt portfolios after a long lull, giving JMT more to buy. The CEO says Q3 2026 earnings should beat Q2, with possible lower bad-loan provisions as borrowers repay better. More supply means more future income.

    This is the core new operational driver: rising NPL supply directly feeds JMT's debt-buying and future collections.

  • Government stimulus supports debtors' ability to pay Thailand's 57.5-billion-baht stimulus, including bigger welfare-card allowances and the Thai Chuay Thai Plus co-payment, puts cash in consumers' hands. Broker KSS names JMT a beneficiary because better household finances mean debtors are more likely to repay, lifting collections.

    It explains a new external force that improves JMT's collection rates and was explicitly cited by a broker as a reason to own the stock.

  • Broker raises target to 13 baht, sees best quarter ahead ASL Securities keeps a Buy rating and 13-baht target, saying Q4 2026 could be the year's best quarter as collections accelerate and NPL supply rises. JMT also raised its debt-purchase budget to 2 billion baht, aiming for a portfolio near 600 billion baht.

    It shows analyst conviction and a concrete budget increase that signals management expects growth, both supporting the share price.

  • Weak first-half profit and lower Q2 weigh on sentiment JMT's Q2 2026 profit fell 5% from a year earlier and first-half profit dropped 15.7%, with collection flat and its JK AMC unit weaker. That is a real counterweight: the recovery story depends on the second half actually delivering.

    It provides the honest counterbalance — recent results are still soft, so the positive outlook is not yet proven.

Latest
▲3

JMT's bad-debt pipeline revives as state stimulus lifts recovery hopes

  • NPL supply returns, Q3/Q4 profit seen improving Banks are again auctioning bad-debt portfolios after a long lull, giving JMT more to buy. The CEO says Q3 2026 earnings should beat Q2, with possible lower bad-loan provisions as borrowers repay better. More supply means more future income.

    This is the core new operational driver: rising NPL supply directly feeds JMT's debt-buying and future collections.

  • Government stimulus supports debtors' ability to pay Thailand's 57.5-billion-baht stimulus, including bigger welfare-card allowances and the Thai Chuay Thai Plus co-payment, puts cash in consumers' hands. Broker KSS names JMT a beneficiary because better household finances mean debtors are more likely to repay, lifting collections.

    It explains a new external force that improves JMT's collection rates and was explicitly cited by a broker as a reason to own the stock.

  • Broker raises target to 13 baht, sees best quarter ahead ASL Securities keeps a Buy rating and 13-baht target, saying Q4 2026 could be the year's best quarter as collections accelerate and NPL supply rises. JMT also raised its debt-purchase budget to 2 billion baht, aiming for a portfolio near 600 billion baht.

    It shows analyst conviction and a concrete budget increase that signals management expects growth, both supporting the share price.

  • Weak first-half profit and lower Q2 weigh on sentiment JMT's Q2 2026 profit fell 5% from a year earlier and first-half profit dropped 15.7%, with collection flat and its JK AMC unit weaker. That is a real counterweight: the recovery story depends on the second half actually delivering.

    It provides the honest counterbalance — recent results are still soft, so the positive outlook is not yet proven.

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