Karooooo (NASDAQ:KARO - Get Free Report) updated its FY 2026 earnings guidance on Tuesday. The company provided earnings per share guidance of 1.760-1.920 for the period. The company issued revenue guidance of -.
Analyst Ratings Changes
A number of equities analysts have recently issued reports on KARO shares. Needham & Company LLC started coverage on Karooooo in a research report on Wednesday, July 16th. They set a "buy" rating and a $60.00 price objective on the stock. Raymond James Financial raised their price objective on Karooooo from $51.00 to $58.00 and gave the company an "outperform" rating in a research report on Friday, May 16th. Finally, Morgan Stanley reaffirmed an "overweight" rating and set a $53.00 price objective (up previously from $43.00) on shares of Karooooo in a research report on Thursday, June 26th.
Get Our Latest Stock Report on KARO
Karooooo Stock Performance
Shares of NASDAQ:KARO traded down $0.28 during trading on Tuesday, hitting $50.56. The stock had a trading volume of 84,106 shares, compared to its average volume of 44,126. Karooooo has a 12-month low of $28.04 and a 12-month high of $63.36. The stock has a market capitalization of $1.56 billion, a price-to-earnings ratio of 30.83 and a beta of 1.08. The company has a quick ratio of 1.14, a current ratio of 1.14 and a debt-to-equity ratio of 0.05. The stock has a 50-day simple moving average of $51.29 and a two-hundred day simple moving average of $46.49.
Karooooo (NASDAQ:KARO - Get Free Report) last announced its quarterly earnings data on Tuesday, July 22nd. The company reported $0.47 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.43 by $0.04. Karooooo had a return on equity of 30.98% and a net margin of 20.17%. On average, equities research analysts expect that Karooooo will post 1.57 earnings per share for the current fiscal year.
Karooooo Company Profile
(
Get Free Report)
Karooooo Ltd. provides mobility software-as-a-service (SaaS) platform for connected vehicles in South Africa, rest of Africa, Europe, the Asia-Pacific, the Middle East, and the United States. The company offers Fleet Telematics, a fleet management SaaS platform that provides real-time insights; LiveVision, which offers pro-active risk management and fleet visibility; MiFleet advanced fleet administration and business intelligence that provides cost management and administration capability services; and Karooooo Logistics, a software application for management of last mile delivery and general operational logistics.
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