OPENLANE (KAR) Projected to Post Quarterly Earnings on Wednesday

Key Points

• OPENLANE (NYSE:KAR) is set to announce its Q2 2025 earnings on August 6th, with expectations of $0.23 earnings per share and $453.26 million in revenue.
• The company reported a net margin of 7.15% and a revenue increase of 7% year-over-year in its last earnings report, posting $0.31 EPS against an expected $0.24 EPS.
• Analysts have varied ratings on the stock, with an average price target of $24.00, reflecting a consensus of a moderate buy outlook.

OPENLANE (NYSE:KAR - Get Free Report) is expected to be announcing its Q2 2025 earnings results before the market opens on Wednesday, August 6th. Analysts expect the company to announce earnings of $0.23 per share and revenue of $453.26 million for the quarter. OPENLANE has set its FY 2025 guidance at 0.900-1.000 EPS.

OPENLANE (NYSE:KAR - Get Free Report) last announced its quarterly earnings data on Wednesday, May 7th. The specialty retailer reported $0.31 earnings per share for the quarter, topping analysts' consensus estimates of $0.24 by $0.07. OPENLANE had a return on equity of 10.38% and a net margin of 7.15%. The firm had revenue of $460.10 million for the quarter, compared to analyst estimates of $445.70 million. During the same quarter in the prior year, the company posted $0.19 earnings per share. OPENLANE's quarterly revenue was up 7.0% on a year-over-year basis. On average, analysts expect OPENLANE to post $1 EPS for the current fiscal year and $1 EPS for the next fiscal year.

OPENLANE Stock Down 1.2%

KAR stock traded down $0.30 on Friday, reaching $24.34. 712,229 shares of the company's stock were exchanged, compared to its average volume of 922,816. The stock has a fifty day moving average of $24.05 and a 200-day moving average of $21.60. OPENLANE has a twelve month low of $15.44 and a twelve month high of $26.03. The firm has a market cap of $2.61 billion, a PE ratio of 36.88, a P/E/G ratio of 2.72 and a beta of 1.40.

Analysts Set New Price Targets

A number of research firms recently commented on KAR. Bank of America lifted their price objective on OPENLANE from $22.00 to $25.00 and gave the stock a "neutral" rating in a research report on Monday, June 16th. Wall Street Zen upgraded OPENLANE from a "hold" rating to a "buy" rating in a research note on Friday, May 9th. Two equities research analysts have rated the stock with a hold rating and three have issued a buy rating to the company. According to data from MarketBeat, OPENLANE currently has an average rating of "Moderate Buy" and an average target price of $24.00.

Insider Activity at OPENLANE

In other OPENLANE news, EVP James P. Coyle sold 7,000 shares of the business's stock in a transaction dated Friday, May 9th. The stock was sold at an average price of $21.72, for a total value of $152,040.00. Following the completion of the sale, the executive vice president owned 36,511 shares of the company's stock, valued at $793,018.92. The trade was a 16.09% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. 2.32% of the stock is currently owned by company insiders.

Institutional Trading of OPENLANE

Hedge funds have recently added to or reduced their stakes in the business. Jane Street Group LLC bought a new stake in shares of OPENLANE in the 1st quarter valued at approximately $4,555,000. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC lifted its holdings in OPENLANE by 8.3% during the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 367,688 shares of the specialty retailer's stock worth $7,089,000 after buying an additional 28,146 shares in the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its stake in shares of OPENLANE by 3.3% in the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 63,129 shares of the specialty retailer's stock valued at $1,217,000 after purchasing an additional 2,031 shares during the period. Finally, Royal Bank of Canada lifted its stake in shares of OPENLANE by 105.1% in the 1st quarter. Royal Bank of Canada now owns 33,562 shares of the specialty retailer's stock valued at $647,000 after purchasing an additional 17,197 shares during the period. Institutional investors own 99.76% of the company's stock.

About OPENLANE

OPENLANE, Inc, together with its subsidiaries, operates as a digital marketplace for used vehicles, which connects sellers and buyers in North America, Europe, the Philippines, and Uruguay. The company operates through two segments, Marketplace and Finance. The Marketplace segment offers digital marketplace services for buying and selling used vehicles.