Copart Inc stock hits 52-week low at $33.81 as market challenges persist

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Copart Inc (CPRT) stock has fallen to a 52-week low of $33.81, experiencing a 35% decline over the past year due to persistent market challenges. Despite this, InvestingPro analysis indicates that the stock may be undervalued with a fair value of $38.06 and maintains a strong financial health rating with more cash than debt. In other news, Copart recently secured a new $1.25 billion unsecured senior revolving credit agreement to replace its previous facility, providing significant financial flexibility.

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