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Kar Auction Services Inc (KAR)
NYSE:KAR
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KAR Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$12.86 - $19.94
Previous Close$19.44
Volume1.13M
Average Volume (3M)641.01K
Market Cap
$2.12B
Enterprise Value$3.85B
Total Cash (Recent Filing)$132.10M
Total Debt (Recent Filing)$1.86B
Price to Earnings (P/E)102.9
Beta1.23
Next Earnings
Feb 25, 2025EPS Estimate
$0.21Last Dividend Ex-Date
Mar 19, 2020Dividend YieldN/A
Share Statistics
EPS (TTM)0.19
Shares Outstanding106,844,301
10 Day Avg. Volume679,435
30 Day Avg. Volume641,014
Standard Deviation0.12
R-Squared0.37
Alpha-0.02
Financial Highlights & Ratios
Price to Book (P/B)1.56
Price to Sales (P/S)1.23
Price to Cash Flow (P/CF)4.20
P/FCF Ratio4.20
Enterprise Value/Market CapN/A
Enterprise Value/Revenue2.28
Enterprise Value/Gross Profit4.96
Enterprise Value/Ebitda-76.91
Forecast
1Y Price Target
$21.50Price Target Upside10.60% Upside
Rating ConsensusStrong Buy
Number of Analyst Covering4
Kar Auction Services News
PremiumCompany Announcements
OPENLANE Reports Strong Third Quarter 2024 Results
PremiumPre-Earnings
Is KAR a Buy, Before Earnings?
PremiumPre-Earnings
Is KAR a Buy, Before Earnings?PremiumCompany Announcements
Kar Auction Services Announces Executive Changes and Board ExpansionBulls Say, Bears Say
Bulls Say
Financial PerformanceOPENLANE's Marketplace segment showed remarkable growth with a 34% increase in adjusted EBITDA, highlighting the scalability of its digital business model.
Market ExpansionSignificant increase in unique buyers and new dealer recruitment marks one of the strongest quarters since 2021 for OPENLANE, indicating robust market expansion.
Strategic PositioningOPENLANE is strategically positioned to capture increasing dealer volume as wholesale remarketing shifts online, leveraging digital tools and key relationships for marketplace growth.
Bears Say
Earnings MissAdjusted EBITDA fell short of the consensus forecast ($71.4 million vs. $74.0 million), mainly due to an unexpected $2 million quarterly impact from the Canadian Digital Services Tax.
Outlook RevisionKAR narrowed its full year 2024 outlook for adj. EBITDA to $285mm-$295mm, implying a lower 4Q adj. EBITDA.
Revenue DeclineFinance segment revenue decreased 5.62% to $94.1 million.
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Ownership Overview
1.40% Insiders
27.37% Mutual Funds
11.10% Other Institutional Investors
31.13% Public Companies and
Individual Investors
Risk Analysis
Main Risk Category
Finance & CorporateFinancial and accounting risks. Risks related to the execution of corporate activity and strategy
Website Traffic
Sorry, No Data AvailableThere is no website visitor data available for this stock.
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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 $19.94 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 Feb 25, 2025 which is in 107 days.
How were Kar Auction Services Inc’s earnings last quarter?
Kar Auction Services Inc released its earnings results on Nov 06, 2024. The company reported $0.26 earnings per share for the quarter, beating the consensus estimate of $0.218 by $0.042.
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 108,619,350 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 $0.26 in its last earnings report, beating expectations of $0.218. Following the earnings report the stock price went up 11.899%.
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 8M.
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Kar Auction Services Stock Smart Score
Unlock Smart Score
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Analyst Consensus
Strong Buy
Average Price Target:
$21.50 (10.60% Upside)
$21.50 (10.60% Upside)
Blogger Sentiment
Bullish
KAR Sentiment 100%
Sector Average 66%
Sector Average 66%
Hedge Fund Trend
Decreased
By 1.0K Shares
Last Quarter.
Last Quarter.
News Sentiment
Neutral
Bullish news 50%
Bearish news 50%
Bearish news 50%
Technicals
SMA
Negative
20 days / 200 days
Momentum
34.25%
12-Months-Change
Fundamentals
Return on Equity
3.38%
Trailing 12-Months
Asset Growth
-2.19%
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
Q3 2024
0:00 / 0:00
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KAR Stock 12 Month Forecast
Average Price Target
$21.50
▲(10.60% Upside)
Technical Analysis
Best Analysts Covering KAR
1 Year
1 Year Success Rate
17/29 ratings generated profit
1 Year Average Return
+3.97%
reiterated a buy rating 2 days ago
Copying Gary Prestopino's trades and holding each position for 1 Year would result in 58.62% of your transactions generating a profit, with an average return of +3.97% per trade.
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