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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 - $20.85
Previous Close$20.5
Volume118.78K
Average Volume (3M)672.57K
Market Cap
$2.17B
Enterprise Value$3.90B
Total Cash (Recent Filing)$132.10M
Total Debt (Recent Filing)$1.86B
Price to Earnings (P/E)108.5
Beta1.14
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. Volume1,022,970
30 Day Avg. Volume672,566
Standard Deviation0.13
R-Squared0.39
Alpha-0.01
Financial Highlights & Ratios
PEG RatioN/A
Price to Book (P/B)1.65
Price to Sales (P/S)1.30
Price to Cash Flow (P/CF)4.50
P/FCF Ratio4.40
Enterprise Value/Market CapN/A
Enterprise Value/Revenue2.31
Enterprise Value/Gross Profit5.02
Enterprise Value/Ebitda-77.86
Forecast
1Y Price Target
$22.50Price Target Upside9.76% Upside
Rating ConsensusStrong Buy
Number of Analyst Covering4
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
Dealer Recruitment And ParticipationIn Q3/24, OPENLANE increased its Marketplace participation, experiencing its strongest new dealer recruitment quarter since 2021 with a double-digit increase in unique buyers transacting on the platform.
Digital Marketplace ExpansionOPENLANE has positioned itself to capture dealer volume as wholesale remarketing activity moves online, leveraging digital tools and key relationships to build a larger, more dynamic marketplace.
Financial PerformanceQ3/24 financial results reflect a significantly improved performance in OPENLANE’s Marketplace segment as on a 5.9% volume gain, Marketplace delivered a 34% increase in adjusted EBITDA to $36 million demonstrating the ability to scale its asset light digital business model.
Bears Say
Business ChangesThe businesses underlying the KAR ticker have changed materially, which might create uncertainty for some investors.
Earnings OutlookKAR narrowed its full year 2024 outlook for adj. EBITDA to $285mm-$295mm, implying a lower 4Q adj. EBITDA.
Financial PerformanceFinance segment revenue decreased 5.62% to $94.1 million.
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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 $20.85 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 60 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
Strong Buy
Average Price Target:
$22.50 (9.76% Upside)
$22.50 (9.76% 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 ▼ 1.7%
Last 30 Days ▲ 13.8%
Last 30 Days ▲ 13.8%
News Sentiment
Neutral
Bullish news 50%
Bearish news 50%
Bearish news 50%
Technicals
SMA
Positive
20 days / 200 days
Momentum
35.40%
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
$22.50
▲(9.76% Upside)
Technical Analysis
Best Analysts Covering KAR
1 Year
1 Year Success Rate
18/28 ratings generated profit
1 Year Average Return
+6.71%
reiterated a buy rating 2 months ago
Copying Gary Prestopino's trades and holding each position for 1 Year would result in 64.29% of your transactions generating a profit, with an average return of +6.71% per trade.
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