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Kar Auction Services Inc (KAR)
NYSE:KAR
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KAR Stock Chart & Stats
Day’s Range― - ―
52-Week Range$12.86 - $20.85
Previous CloseN/A
Volume68.16K
Average Volume (3M)714.88K
Market Cap
$2.21B
Enterprise Value$4.15B
Total Cash (Recent Filing)$201.80M
Total Debt (Recent Filing)$2.37B
Price to Earnings (P/E)109.3
Beta1.16
Next Earnings
Feb 25, 2025EPS Estimate
0.21Last Dividend Ex-Date
Mar 19, 2020Dividend YieldN/A
Share Statistics
EPS (TTM)0.19
Shares Outstanding106,844,300
10 Day Avg. Volume433,428
30 Day Avg. Volume714,883
Standard Deviation0.13
R-Squared0.39
Alpha-0.01
Financial Highlights & Ratios
PEG RatioN/A
Price to Book (P/B)N/A
Price to Sales (P/S)1.31
Price to Cash Flow (P/CF)4.50
P/FCF Ratio4.50
Enterprise Value/Market Cap1.88
Enterprise Value/Revenue2.46
Enterprise Value/Gross Profit5.34
Enterprise Value/Ebitda-82.88
Forecast
1Y Price Target
$22.00Price Target Upside6.54% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering5
Kar Auction Services News
PremiumCompany Announcements
Kar Auction Services Highlights Strategic Growth and Innovation
PremiumCompany Announcements
OPENLANE Reports Strong Third Quarter 2024 Results
PremiumPre-Earnings
Is KAR a Buy, Before Earnings?Bulls Say, Bears Say
Bulls Say
Financial PerformanceOPENLANE delivered a strong financial performance in its Marketplace segment with a 34% increase in adjusted EBITDA to $36 million, showcasing the ability to scale its asset-light digital business model.
Market ExpansionThe company experienced its strongest new dealer recruitment quarter since 2021, with a double-digit increase in unique buyers transacting on the platform, indicating robust market expansion.
Revenue GrowthMarketplace revenue increased by 11.9% to $354.3 million, with a significant rise in auction fees and purchase vehicle revenue, highlighting substantial revenue growth in the digital marketplace.
Bears Say
Earnings OutlookKAR narrowed its full year 2024 outlook for adj. EBITDA to $285mm-$295mm, implying a lower 4Q adj. EBITDA.
Investor UncertaintyThe businesses underlying the KAR ticker have changed materially, which might create uncertainty for some investors.
Revenue DeclineFinance segment revenue decreased 5.62% to $94.1 million.
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Ownership Overview
1.43% Insiders
26.96% Mutual Funds
0.19% Other Institutional Investors
42.55% 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 $20.85 in the past 12 months.
What is Kar Auction Services Inc’s market cap?
Kar Auction Services Inc’s market cap is $2.21B.
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 30 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 $0.189 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 106,844,300 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 Clifford Capital Partners Llc. It holds Kar Auction Services Inc’s shares valued at 10M.
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Kar Auction Services Stock Smart Score
Unlock Smart Score
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Analyst Consensus
Moderate Buy
Average Price Target:
$22.00 (6.54% Upside)
$22.00 (6.54% Upside)
Blogger Sentiment
Bullish
KAR Sentiment 100%
Sector Average 65%
Sector Average 65%
Hedge Fund Trend
Increased
By 562.0K Shares
Last Quarter.
Last Quarter.
Insider Transactions
Bought Shares
Worth $100.0K over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Very Positive
Last 7 Days ▼ 1.8%
Last 30 Days ▲ 21.2%
Last 30 Days ▲ 21.2%
Technicals
SMA
Positive
20 days / 200 days
Momentum
45.32%
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
Earnings Call Sentiment|Positive
The earnings call reflects a generally positive outlook for OPENLANE, highlighted by strong adjustments in EBITDA growth, significant technological advancements, and robust cash flow generation. While there are challenges in revenue flatness and potential headwinds in future commercial volumes, the company's strategic investments and improvements in the dealer segment and marketplace participation provide a strong foundation for future growth.Read More>---
KAR Stock 12 Month Forecast
Average Price Target
$22.00
▲(6.54% Upside)
Technical Analysis
Best Analysts Covering KAR
1 Year
1 Year Success Rate
18/29 ratings generated profit
1 Year Average Return
+5.35%
reiterated a buy rating 3 months ago
Copying Gary Prestopino's trades and holding each position for 1 Year would result in 62.07% of your transactions generating a profit, with an average return of +5.35% per trade.
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