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Kar Auction Services Inc (KAR)
NYSE:KAR
Kar Auction Services (KAR) Stock Price & Analysis
387 Followers
KAR Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$12.86 - $17.70
Previous Close$16.99
Volume1.06M
Average Volume (3M)789.63K
Market Cap
$1.84B
Enterprise Value$3.80B
Total Cash (Recent Filing)$93.50M
Total Debt (Recent Filing)$2.06B
Price to Earnings (P/E)-9.3
Beta1.21
Next Earnings
May 01, 2024EPS Estimate
$0.21Last Dividend Ex-Date
Mar 19, 2020Dividend YieldN/A
Share Statistics
EPS (TTM)-1.82
Shares Outstanding108,045,559
10 Day Avg. Volume841,372
30 Day Avg. Volume789,631
Standard Deviation0.13
R-Squared0.38
Alpha-0.01
Financial Highlights & Ratios
Price to Book (P/B)-7.01
Price to Sales (P/S)4.69
Price to Cash Flow (P/CF)22.10
P/FCF Ratio31.60
Enterprise Value/Market CapN/A
Enterprise Value/Revenue2.31
Enterprise Value/Gross Profit4.89
Enterprise Value/Ebitda31.81
Forecast
1Y Price Target
$20.50Price Target Upside20.66% Upside
Rating ConsensusStrong Buy
Number of Analyst Covering4
Kar Auction Services News
PremiumPress Releases
OPENLANE, Inc. Reports 2023 Financial Results
PremiumPress Releases
OPENLANE to Acquire Manheim Canada
Bulls Say, Bears Say
Bulls Say
Company GrowthOPENLANE made significant progress with investments in innovation and technology, contributing to a 3% unit volume growth and a 6% increase in Marketplace net revenues.
Financial PerformanceQ4/23 financial results included a revenue increase of 5% to $391 million with adjusted EBITDA of $61.8 million, exceeding both analyst estimates and consensus expectations.
Market EnvironmentThe digital wholesale auction industry is returning to a more normalized environment with increased OEM production and inventory levels, alongside growth in lease originations.
Bears Say
Analyst RatingAnalyst maintains Underperform rating on the stock, citing ongoing supply constraints that are expected to affect future revenue and earnings.
Increased Credit LossesFinance segment's revenue was impacted negatively by an increased provision for credit losses.
Revenue DeclineAFC revenue fell due to a decrease in revenue per loan transaction despite a slight increase in the number of loan transactions.
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Risk Analysis
Main Risk Category
Finance & CorporateFinancial and accounting risks. Risks related to the execution of corporate activity and strategy
KAR FAQ
What was Kar Auction Services Inc’s price range in the past 12 months?
Kar Auction Services Inc lowest stock price was $12.86 and its highest was $17.70 in the past 12 months.
What is Kar Auction Services Inc’s market cap?
Currently, no data Available
When is Kar Auction Services Inc’s upcoming earnings report date?
Kar Auction Services Inc’s upcoming earnings report date is May 01, 2024 which is in 7 days.
How were Kar Auction Services Inc’s earnings last quarter?
Kar Auction Services Inc released its earnings results on Feb 20, 2024. The company reported $0.16 earnings per share for the quarter, beating the consensus estimate of $0.13 by $0.03.
Is Kar Auction Services Inc overvalued?
According to Wall Street analysts Kar Auction Services Inc’s price is currently Undervalued.
Does Kar Auction Services Inc pay dividends?
Kar Auction Services Inc pays a Quarterly dividend of $0.19 which represents an annual dividend yield of N/A. See more information on Kar Auction Services Inc dividends here
What is Kar Auction Services Inc’s EPS estimate?
Kar Auction Services Inc’s EPS estimate is $0.21.
How many shares outstanding does Kar Auction Services Inc have?
Kar Auction Services Inc has 108,045,560 shares outstanding.
What happened to Kar Auction Services Inc’s price movement after its last earnings report?
Kar Auction Services Inc reported an EPS of $0.16 in its last earnings report, beating expectations of $0.13. Following the earnings report the stock price went up 3.816%.
Which hedge fund is a major shareholder of Kar Auction Services Inc?
Among the largest hedge funds holding Kar Auction Services Inc’s share is Gamco Investors, Inc. ET AL. It holds Kar Auction Services Inc’s shares valued at 7M.
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Kar Auction Services Stock Smart Score
Neutral
1
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Analyst Consensus
Strong Buy
Average Price Target:
$20.50 (20.66% Upside)
$20.50 (20.66% Upside)
Blogger Sentiment
Bullish
KAR Sentiment 100%
Sector Average 67%
Sector Average 67%
Hedge Fund Trend
Increased
By 100.2K Shares
Last Quarter.
Last Quarter.
Insider Transactions
Bought Shares
Worth $273.6K over
the Last 3 Months
the Last 3 Months
News Sentiment
Neutral
Bullish news 50%
Bearish news 50%
Bearish news 50%
Technicals
SMA
Positive
20 days / 200 days
Momentum
24.74%
12-Months-Change
Fundamentals
Return on Equity
-7.65%
Trailing 12-Months
Asset Growth
-7.69%
Trailing 12-Months
Company Description
Kar Auction Services Inc
KAR Auction Services, Inc. engages in the provision of used car auction services and salvage auction services in North America and the United Kingdom. It operates through the following three segments: ADESA Auctions and Automotive Finance Corporation (AFC). The ADESA segment provides whole care auctions and related services to the vehicle remarketing industry in North America. The AFC segment provides floor plan financing to independent used vehicle dealers. The company was founded on November 9, 2006 and is headquartered in Carmel, IN.
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KAR Company Deck
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KAR Earnings Call
Q4 2024
0:00 / 0:00
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KAR Stock 12 Months Forecast
Average Price Target
$20.50
▲(20.66% Upside)
Technical Analysis
Best Analysts Covering KAR
1 Year
1 Year Success Rate
12/24 ratings generated profit
1 Year Average Return
+2.50%
reiterated a buy rating 2 months ago
Copying Craig Kennison's trades and holding each position for 1 Year would result in 50.00% of your transactions generating a profit, with an average return of +2.50% per trade.
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